Exhibit 10.2 EXECUTION VERSION _____________________________________________________________________________________ INCREMENTAL ASSUMPTION AND AMENDMENT AGREEMENT NO. 1 Dated as of March 12, 2024 among RACKSPACE FINANCE HOLDINGS, LLC, as Holdings, RACKSPACE FINANCE, LLC, as Borrower, THE SUBSIDIARY LOAN PARTIES PARTY HERETO, THE LENDERS PARTY HERETO and CITIBANK, N.A., as Administrative Age nt INCREMENTAL ASSUMPTION AND AMENDMENT AGREEMENT NO. 1 This INCREMENTAL ASSUMPTION AND AMENDMENT AGREEMENT NO. 1 (th ...