Exhibit 1.01

AMENDMENT AGREEMENT

THIS AMENDMENT AGREEMENT (this “Amendment Agreement”) is made as of this 12th day of July, 2011 among Google Inc. (the “Company”), Morgan Stanley & Co. LLC (formerly Morgan Stanley & Co. Incorporated) (the “Auction Manager”), Citigroup Global Markets Inc. (“CGMI”), Credit Suisse Management LLC (“CSM”), Credit Suisse Securities (USA) LLC (“CSS”), UBS AG, London Branch (“UBSAG”) and UBS Securities LLC (“UBSS”).

WHEREAS, the Company, CGMI, the Auction Manager, CSM and UBSAG are parties to a Warrant Agreement dated as of April 20, 2007, as amended on July 20, 2007 (the “Warrant Agreement”), relating to the Company’s transferable employee stock option program;

WHEREAS, the Company, the Auction Manager, CGMI, CSS and UBSS are parties to a Bidding Rules Agreement dated as of April 20, 2007, as amended on July 20, 2007 (the “Bidding Rules Agreement”) relating to the Company’s transferable employee stock option program;

WHEREAS, the Company, the Auction Manager, CGMI, CSS and UBSS are parties to a Distribution Agreement dated as of April 20, 2007, as amended on July 20, 2007 (the “Distribution Agreement”), relating to the Company’s transferable employee stock option program;

WHEREAS, the Company and the Auction Manager are parties to a Development, Hosting and License Agreement dated as of April 20, 2007, as amended on April 16, 2009 (the “License Agreement” and, together with the Warrant Agreement, the Bidding Rules Agreement and the Distribution Agreement, the “TSO Agreements”), relating to the Company’s transferable employee stock option program;

WHEREAS, the parties wish to amend the TSO Agreements to allow for certain auctions to be processed on the terms and conditions set forth in this Amendment Agreement;

NOW, THEREFORE, in consideration of their mutual covenants herein contained, the parties hereto agree as follows:

Section 1. Terms Used But Not Defined Herein. Terms used but not defined herein shall have the respective meanings given to them in the Warrant Agreement or the Bidding Rules Agreement, as the case may be.

Section 2. Amendments to the TSO Agreements. Notwithstanding any provision in any of the TSO Agreements, including, without limitation, the definition of “Market Order” in Exhibit A to the Bidding Rules Agreement and Section 5(h) of Exhibit A to the Bidding Rules Agreement, if (x) in the case of a Market Order, the highest Bid that would otherwise be a winning Bid is not above the intrinsic value of the relevant Transferable Stock Option, as determined in good faith by the Auction Manager (the “Intrinsic Value”), or (y) in the case of a Limit Order, both the highest Bid and the Limit Price for the relevant Transferable Stock Option are not above the Intrinsic Value of the relevant Transferable Stock Option, then, in either case, an auction will be processed with respect to such Transferable Stock Option pursuant to the TSO Agreements, except that:

Section 3. Fees. The Company shall pay to the Auction Manager on a quarterly basis cash in an amount equal to the product of (i) USD 15.00, and (ii) the aggregate number of Transferable Stock Options for which an auction was processed under Section 2 of this Amendment Agreement during the relevant calendar quarter, promptly following the Company’s receipt of a statement from the Auction Manager setting forth such amount.

Section 4. Effectiveness. This Amendment Agreement shall become effective upon execution by the parties hereto.

Section 5. Counterparts. This Amendment Agreement may be signed in any number of counterparts, each of which shall be an original, with the same effect as if all of the signatures thereto and hereto were upon the same instrument.

Section 6. Governing Law. THIS AMENDMENT AGREEMENT SHALL BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK (WITHOUT REFERENCE TO ITS CHOICE OF LAW DOCTRINE).

Section 7. Effectiveness of TSO Agreements. Except as amended hereby, all the terms of the TSO Agreements shall remain and continue in full force and effect and are hereby confirmed in all respects.

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IN WITNESS WHEREOF, this Amendment Agreement has been duly executed by the parties hereto as of the day and year first above written.

[Signature Page to Amendment Agreement]

[Signature Page to Amendment Agreement]