The rules contained in Nasdaq ISE Options 9, as such rules may be in effect from time to time (the "Options 9 Rules"), are hereby incorporated by reference into this Nasdaq MRX Options 9, and are thus Nasdaq MRX Rules and thereby applicable to Nasdaq MRX Members. Nasdaq MRX Members shall comply with the Options 9 Rules as though such rules were fully-set forth herein. All defined terms, including any variations thereof, contained in the Options 9 Rules shall be read to refer to the Nasdaq MRX-related meaning of such term. Solely by way of example, and not in limitation or in exhaustion: the defined term "Exchange" in the Options 9 Rules shall be read to refer to the Nasdaq MRX Exchange; the defined term "Rule" in the Options 9 Rules shall be read to refer to the Nasdaq MRX Rule; the defined term "Chapter" in the Options 9 Rules shall be read to refer to the Nasdaq MRX Chapter; and the defined term "Member" in the Options 9 Rules shall be read to refer to the Nasdaq MRX Member. For the avoidance of doubt, the reference to "lessor" in Options 9, Section 9 shall not apply to Nasdaq MRX, as Nasdaq MRX memberships cannot be leased under Nasdaq MRX Rules.

[Adopted July 8, 2019 (SR-MRX-2019-15).]