Document:

Form of Waiver of Related Party Tenant Ownership Limit

 Exhibit 10.13 
 WAIVER OF RELATED PARTY TENANT OWNERSHIP LIMIT 
 Archstone Inc. 

9200 E. Panorama Circle, Suite 400 
 Englewood, CO 80112 
 As of         , 2012

 Lehman Brothers Holdings Inc. 

Lehman Brothers Commercial Paper Inc. 
 Archstone
Enterprise LP 
 1271 Avenue of the Americas 
 New York, NY 10020 
 Re:     Excepted Holder Limit 

Reference is made to that certain Excepted Holder Certificate dated as of the date hereof (the “Certificate”) from Lehman
Brothers Holdings Inc. (“Lehman Brothers”), Lehman Brothers Commercial Paper Inc. (“Lehman CP” and together with Lehman Brothers, “Lehman”) and Archstone Enterprise LP (“Enterprise”) to Archstone Inc. (the
“Corporation”) making certain representations, warranties, undertakings and agreements. Capitalized terms used herein but not otherwise defined shall have the meanings assigned to them in the Articles of Incorporation of the Corporation,
as amended and/or restated from time to time (the “Charter”). 
 For good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the Corporation hereby acknowledges and agrees for the express benefit of Lehman and Enterprise as follows: 

Related Party Tenant Limit Waiver 
 Based upon and subject to the Certificate and the representations, warranties, undertakings and agreements contained therein, the Corporation hereby advises each of the addressees of this letter that the
application of the Related Party Tenant Limit pursuant to Section 6.2.1(a)(ii) of the Charter is hereby waived for the sole and limited purpose of permitting Lehman, Enterprise and any subsidiary of Lehman (the “Lehman Subsidiaries”,
and each, a “Lehman Subsidiary”) to Constructively Own up to              shares of Common Stock of the Corporation (the “Common Shares”) plus up to
             additional Common Shares that may be received in exchange for              common units in Archstone Operating
Partnership LP, subject to adjustment in the case of any stock split, reverse stock split or similar change to the Common Shares (the “Lehman Excepted Holder Limit”). Upon the direct or indirect transfer, sale or other disposition of one
or more Common Shares by Lehman, Enterprise or a Lehman Subsidiary, the Lehman Excepted Holder Limit shall be reduced to the number of Common Shares Constructively Owned by Lehman, Enterprise and such Lehman Subsidiaries immediately following such
transfer, sale or disposition. Notwithstanding the foregoing, if Lehman, 

  
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Enterprise or a Lehman Subsidiary was to subsequently acquire Common Shares after having transferred, sold or otherwise disposed of a portion of its Common Shares that were previously subject to
the Lehman Excepted Holder Limit, the Board of Directors will grant a new waiver of the Related Party Tenant Limit to Lehman, Enterprise or such Lehman Subsidiary, as applicable, in connection with such newly acquired Common Shares, provided that,
consistent with a waiver of the Related Party Tenant Limit that would apply to any acquirer, the Board of Directors may require that Lehman, Enterprise or such Lehman Subsidiary make, as of the date of such subsequent acquisition of Common Shares,
substantially similar representations, warranties, undertakings and covenants as those Lehman and Enterprise have made in the Certificate and which are reasonably necessary to ensure that such ownership will not be in violation of Sections
6.2.1(a)(i), (ii), (iii) and (iv) of the Charter. Additionally, if Lehman, Enterprise or a Lehman Subsidiary receives a subsequent waiver of the Related Party Tenant Limit, such Person will also receive the benefits of the TRS Springing
Assignment Mechanism and the Exclusive Purchase Opportunity (each as defined below). 
 This letter shall be effective as of the
date hereof, and shall automatically be deemed to have been revoked (prospectively or, as necessary in order to protect the Corporation’s qualification as a real estate investment trust under the Code, retroactively) upon the occurrence of any
event set forth in paragraph 4 under “Representations and Warranties” in the Certificate without any further action on behalf of the Corporation, and the provisions of the Charter shall apply. 

This letter, with the exception of the waiver of the Related Party Tenant Limit discussed above, does not waive any of the other
restrictions or limitations set forth in Article VI of the Charter as they apply to the Common Shares or shares of Capital Stock actually owned, Beneficially Owned or Constructively Owned by Lehman, Enterprise, or a Lehman Subsidiary, and does not
apply to any other Person, including any Person that is a Beneficial or Constructive Owner of Common Shares or Shares of Capital Stock actually owned by Lehman, Enterprise or a Lehman Subsidiary. 

TRS Springing Assignment Mechanism 
 Pursuant to Section 6.2.7(e) of the Charter, (i) the Corporation’s subsidiary operating partnership, Archstone Operating Partnership, LP, a Delaware limited partnership (“AOP”),
for itself and each of its direct and indirect subsidiaries, and              a taxable REIT subsidiary of the Corporation (the “TRS”) have entered into that certain
Springing Leasehold Contribution and Assignment Agreement, dated as of     , in the form attached hereto as Exhibit A (the “TRS Springing Assignment Mechanism”), (ii) the Corporation shall keep such
agreement described in clause (i) with the TRS or another taxable REIT subsidiary of the Corporation in effect at all times that Lehman, Enterprise or a Lehman Subsidiary owns an interest in the Corporation and this waiver has not otherwise
been revoked or terminated in accordance with its terms and (iii) the Corporation agrees to cooperate with Lehman, Enterprise and the Lehman Subsidiaries to fix any related party rent problems that arise for the Corporation pursuant to
Section 856(d)(2)(B) of the Code notwithstanding the implementation of the agreement described in clause (i). 

  
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 Exclusive Purchase Opportunity 

Except as set forth below, if the ownership, Beneficial Ownership, Constructive Ownership or Transfer of any Common Shares held by
Enterprise, Lehman or a Lehman Subsidiary causes or would cause (a) Lehman, Enterprise or a Lehman Subsidiary to Constructively Own Common Shares in excess of the Excepted Holder Limit or (b) a violation of any of Sections 6.2.1(a)(i),
(ii), (iii) (after accounting for the TRS Springing Assignment Mechanism) or (iv) of the Charter, then as of the time of the occurrence of any of the foregoing events (even if discovered thereafter), the provisions of the Charter shall
apply. Notwithstanding the foregoing, pursuant to Section 6.2.7(e) of the Charter, the Corporation agrees that if the Common Shares held by Lehman, Enterprise or a Lehman Subsidiary are deemed transferred to a Trust pursuant to
Section 6.2.1(b) and Section 6.3.1 of the Charter, the Person that held the Common Shares immediately prior to their transfer to the Trust (the “Transferor”) will have an exclusive opportunity (the “Exclusive
Purchase Opportunity”), subject to the requirements set forth herein, to repurchase such Common Shares from the Trust for a 90-day period beginning on the date the Corporation gives the Transferor notice of the deemed transfer (which notice
shall describe the reason that such Common Shares were transferred to the Trust with specificity so as to enable the Transferor to attempt to resolve such issue). In order to repurchase such Shares, the Transferor will be required to (i) pay
the Trust the Market Price of such Common Shares as of the time they are repurchased, as determined solely by the Trustee of the Trust and (ii) demonstrate to the Trustee’s and the Corporation’s satisfaction (which may, in the
discretion of the Trustee or the Corporation, include an opinion of counsel selected by the Trustee or the Corporation) that the REIT qualification issues that gave rise to the deemed transfer of the Common Shares into the Trust have been resolved
so that the Transferor can reacquire the Common Shares held in Trust without such repurchase resulting in a deemed transfer back to the Trust in accordance with the terms of the Charter. The Trustee shall have the sole right to determine the Market
Price of the Common Shares as of the date of the deemed transfer to the Trust, the date of the repurchase of such Common Shares from the Trust and any other relevant point in time, provided that the Trustee shall make such Market Price
determinations in the manner described in the definition of “Market Price” in Section 6.1 of the Charter. For the avoidance of doubt, the Trustee will be able to entertain expressions of interest from and discuss pricing and other
terms with potential third party buyers during the 90-day period. If the Transferor does not repurchase the Common Shares pursuant to the Exclusive Purchase Opportunity, the Trustee will sell the Common Shares to one or more Persons pursuant to
Section 6.3.4 of the Charter. 
 If the Transferor successfully repurchases such Common Shares pursuant to the Exclusive
Repurchase Opportunity, the Transferor will be permitted to net against the purchase price paid for such repurchase the amount that the Transferor would otherwise be entitled to receive from the Trust under Section 6.3.4 of the Charter. For the
avoidance of doubt, nothing in this Waiver will alter the application of Sections 6.3.2 and 6.3.3 of the Charter to any of the Common Shares deemed transferred to a Trust. 
 Transferees 
 The Corporation agrees that if a Person directly or
indirectly acquires Common Shares in a private transfer from Lehman, Enterprise or a Lehman Subsidiary in which 20% or more of the Corporation’s outstanding Common Shares are directly or indirectly transferred, and such transfer would otherwise
result in a Person Constructively Owning Common Shares in excess of the Related 

  
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Party Tenant Limit, the Corporation shall grant a waiver of the Related Party Tenant Limit to such Person on terms and subject to conditions substantially similar to the waiver granted to Lehman,
Enterprise and the Lehman Subsidiaries in order to (i) permit such Person to own and/or Constructively Own such Common Shares, (ii) implement the TRS Springing Assignment Mechanism with respect to any future rental income or other amounts
that would not qualify as “rents from real property” to the Corporation pursuant to Code Section 856(d)(2)(B) as a result of the ownership of Common Shares by such direct transferee of Lehman, Enterprise or a Lehman Subsidiary (but
not any subsequent transferee of such initial direct transferee) and (iii) provide such direct transferee of Lehman, Enterprise or a Lehman Subsidiary (but not any subsequent transferee of such initial direct transferee) with the Exclusive
Purchase Opportunity with respect to any Common Shares held by such Person that are deemed transferred to the Trust pursuant to the Charter; provided, that, in each case, the direct transferee of such Common Shares makes representations, warranties,
covenants and undertakings to the Corporation substantially similar in all material respects to those set forth in the Certificate and any additional representations, warranties or covenants as reasonably determined by the Corporation to be
necessary in order to ensure that the Corporation will continue to qualify as a REIT. 
 Remedies Limitation 

The Corporation acknowledges and agrees that, in all events, to the extent that any representation, warranty, covenant or undertaking by
Lehman or Enterprise is breached or is not true and correct, the sole remedy therefor, and the sole liability of the breaching party, shall be that the Waiver shall automatically be deemed to have been revoked (prospectively or, as necessary in
order to protect the Corporation’s qualification as a REIT under the Code, retroactively) without any further action and the implementation of the provisions of the Charter accordingly (the “Remedies Limitation”). For the avoidance of
doubt, in no event shall any of the foregoing parties have any liability, nor shall the Remedies Limitation apply, if the TRS Springing Assignment Mechanism avoids what would otherwise be a violation of the ownership limitation described in
Section 6.2.1(a)(iii) of the Charter. 
 Miscellaneous 

The Corporation acknowledges and agrees that Lehman and Enterprise have relied on the provisions in this letter in connection with the
transactions giving rise to the formation of the Corporation and that they would not have agreed to permit the transactions related to such formation to occur if they did not receive the benefit of this letter. The undertakings of the Corporation
herein are for the sole and exclusive benefit of Lehman and Enterprise and may be enforced against the Corporation by Lehman or Enterprise. This letter may not be amended or otherwise modified without the prior written consent of the Corporation,
Lehman and Enterprise. Any undertaking of the Corporation in this letter may be waived by Lehman and Enterprise only if such waiver is in writing and specifically references this letter and Lehman’s and Enterprise’s intent to waive a
provision hereof. No express waiver of this letter will affect any such right or remedy other than that to which the waiver is applicable and only for that specific occurrence. 

  
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 Very truly yours, 
 ARCHSTONE INC. 
 By: 
 Name: 
 Title: 

  
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 EXHIBIT A 

Springing Assignment of Leases Agreement 

  
 6Guarantee, dated November 16, 2012

 Exhibit 4.1 
 GUARANTEE 
 Warner Music Group Corp. (the “Guarantor”) hereby
unconditionally guarantees WMG Acquisition Corp.’s 6.000% Senior Secured Notes due 2021 (the “Dollar Notes”) and 6.250% Senior Secured Notes due 2021 (the “Euro Notes” and, together with the Dollar Notes, the
“Notes”) issued pursuant to the Indenture, dated as of November 1, 2012 (the “Base Indenture”), by and among WMG Acquisition Corp., a Delaware corporation, as issuer (the “Issuer”), the
guarantors party thereto, Wells Fargo Bank, National Association, as Trustee (the “Trustee”) and Credit Suisse AG, as Notes Authorized Agent and Collateral Agent, as amended by, in the case of the Euro Notes, the First Supplemental
Indenture, dated as of November 1, 2012, by and among the Issuer, the guarantors party thereto and the Trustee, and, in the case of the Dollar Notes, the Second Supplemental Indenture, dated as of November 1, 2012, by and among the Issuer,
the guarantors party thereto and the Trustee, to the extent set forth in and in accordance with the Base Indenture as amended with respect to the relevant Notes (the “Indenture”). 

The obligations of the Guarantor pursuant to this Guarantee and the Indenture, are expressly set forth in Article Ten of the Indenture,
and reference is hereby made to the Indenture for the precise terms and limitations of this Guarantee. 
 Capitalized terms used
but not defined herein shall have the meanings set forth in the Indenture. 
 [Signatures on Following Pages] 

 IN WITNESS WHEREOF, Warner Music Group Corp. has caused this Guarantee to be signed by a
duly authorized officer. 
 DATED: November 16, 2012 

 

			
	WARNER MUSIC GROUP CORP.
		
	By:	 	 /s/ Paul Robinson

	Name:	 	Paul Robinson
	Title:	 	Executive Vice President, General
		 	Counsel & Secretary

 [Signature Page to the Warner Music Group Guarantee of the 2021 Dollar and Euro Notes]

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