Document:

exv10w9

Exhibit 10.9

INDEMNIFICATION AGREEMENT

     This Indemnification Agreement (“Agreement”) is made as of                      ___, 2010 by and
between CoreSite Realty Corporation, a Maryland corporation (the “Company”), and
                     (“Indemnitee”).

RECITALS:

     WHEREAS, directors, officers, and other persons in service to corporations or business
enterprises are being increasingly subjected to expensive and time-consuming litigation relating
to, among other things, matters that traditionally would have been brought only against the Company
or business enterprise itself;

     WHEREAS, highly competent persons have become more reluctant to serve as directors or in other
capacities unless they are provided with adequate protection through insurance and adequate
indemnification against inordinate risks of claims and actions against them arising out of their
service to and activities on behalf of the corporation;

     WHEREAS, the Board of Directors of the Company (the “Board”) has determined that the
increased difficulty in attracting and retaining such persons is detrimental to the best interests
of the Company and that the Company should act to assure such persons that there will be increased
certainty of such protection in the future;

     WHEREAS, (i) the charter of the Company (the “Charter”) authorize and the Bylaws of
the Company (the “Bylaws”) require indemnification of the officers and directors of the
Company, (ii) Indemnitee may also be entitled to indemnification pursuant to the Maryland General
Corporation Law (“MGCL”) and (iii) the indemnification provisions set forth in the Charter,
the Bylaws and the MGCL are not exclusive and contemplate that contracts may be entered into
between the Company and members of the Board, officers and other persons with respect to
indemnification;

     WHEREAS, this Agreement is a supplement to and in furtherance of the Charter and Bylaws and
any resolutions adopted pursuant thereto, and shall not be deemed a substitute therefore, nor to
diminish or abrogate any rights of Indemnitee thereunder, and

     WHEREAS, (i) Indemnitee does not regard the protection available under the Charter, Bylaws and
insurance as adequate in the present circumstances, (ii) Indemnitee may not be willing to serve or
continue to serve as a director without adequate protection, (iii) the Company desires Indemnitee
to serve in such capacity, and (iv) Indemnitee is willing to serve, continue to serve and to take
on additional service for or on behalf of the Company on the condition that he be so indemnified.

AGREEMENT:

     NOW, THEREFORE, in consideration of the premises and the covenants contained herein, the
Company and Indemnitee do hereby covenant and agree as follows:

     Section 1. Definitions. (a) As used in this Agreement:

 

 

“Affiliate” of any specified Person shall mean any other Person controlling,
controlled by or under common control with such specified Person.

“Change in Control” means a change in control of the Company occurring after the
date hereof of a nature that would be required to be reported in response to Item 6(e) of
Schedule 14A of Regulation 14A (or in response to any similar item on any similar schedule
or form) promulgated under the Exchange Act, whether or not the Company is then subject to
such reporting requirement; provided, however, that, without limitation, such a Change in
Control shall be deemed to have occurred if, after the date hereof (i) any “person” (as
such term is used in Sections 13(d) and 14(d) of the Exchange Act) is or becomes the
“beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or
indirectly, of securities of the Company representing 15% or more of the combined voting
power of all of the Company’s then-outstanding securities entitled to vote generally in the
election of directors without the prior approval of at least two-thirds of the members of
the Board in office immediately prior to such person’s attaining such percentage interest;
(ii) the Company is a party to a merger, consolidation, sale of assets, plan of liquidation
or other reorganization not approved by at least two-thirds of the members of the Board
then in office, as a consequence of which members of the Board in office immediately prior
to such transaction or event constitute less than a majority of the Board thereafter; or
(iii) at any time, a majority of the members of the Board are not individuals (A) who were
directors as of the date hereof or (B) whose election by the Board or nomination for
election by the Company’s stockholders was approved by the affirmative vote of at least
two-thirds of the directors then in office who were directors as of the date hereof or
whose election for nomination for election was previously so approved.

“Corporate Status” describes the status of a person who is or was a director,
officer, employee or agent of (i) the Company or (ii) any other corporation, limited
liability company, partnership or joint venture, trust, employee benefit plan or other
enterprise which such person is or was serving at the request of the Company. As a
clarification and without limiting the circumstances in which Indemnitee may be serving at
the request of the Company, service by Indemnitee shall be deemed to be at the request of
the Company if Indemnitee serves or served as a director, trustee, officer, partner,
manager, managing member, fiduciary, employee or agent of any corporation, partnership,
limited liability company, joint venture, trust, employee benefit plan or other enterprise
(i) of which a majority of the voting power or equity interest is owned directly or
indirectly by the Company or (ii) the management of which is controlled directly or
indirectly by the Company.

“Disinterested Director” means a director of the Company who is not and was not a
party to the Proceeding in respect of which indemnification and/or advance of Expenses is
is sought by Indemnitee.

“Enterprise” shall mean the Company and any other corporation, limited liability
company, partnership, joint venture, trust, employee benefit plan or other enterprise of
which Indemnitee is or was serving at the request of the Company as a director, officer,
employee, agent or fiduciary.

“Expenses” shall mean all reasonable costs, expenses, fees and charges (including
without limitation) attorneys’ fees, retainers, court costs, transcript costs, fees of
experts, witness fees, travel expenses, duplicating costs, printing and binding costs,
telephone

-2-

 

charges, postage, delivery service fees, and all other disbursements or expenses of the
types customarily incurred in connection with prosecuting, defending, preparing to
prosecute or defend, investigating, being or preparing to be a witness in, or otherwise
participating in, a Proceeding. Expenses also shall include, without limitation, (i)
expenses incurred in connection with any appeal resulting from, incurred by Indemnitee in
connection with, arising out of respect of or relating to, any Proceeding, including
without limitation, the premium, security for, and other costs relating to any cost bond,
supersedes bond, or other appeal bond or its equivalent, (ii) for purposes of Section 12(e)
only, expenses incurred by Indemnitee in connection with the interpretation, enforcement or
defense of Indemnitee’s rights under this Agreement, by litigation or otherwise, (iii) any
federal, state, local or foreign taxes imposed on Indemnitee as a result of the actual or
deemed receipt of any payments under this Agreement, and (iv) any interest, assessments or
other charges in respect of the foregoing.

“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended.

“Indemnity Obligations” shall mean all obligations of the Company to
Indemnitee under this Agreement, including the Company’s obligations to provide
indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

“Independent Counsel” shall mean a law firm, or a member of a law firm, that is
experienced in matters of corporation law and neither presently is, nor in the past five
years has been, retained to represent: (i) the Company or Indemnitee in any matter
material to either such party (other than with respect to matters concerning the Indemnitee
under this Agreement, or of other indemnitees under similar indemnification agreements), or
(ii) any other party to the Proceeding giving rise to a claim for indemnification
hereunder; provided, however, that the term “Independent Counsel” shall not include any
person who, under the applicable standards of professional conduct then prevailing, would
have a conflict of interest in representing either the Company or Indemnitee in an action
to determine Indemnitee’s rights under this Agreement.

“Liabilities” means all claims, liabilities, damages, losses, judgments, orders,
fines, penalties and other amounts payable that are actually incurred by Indemnitee in
connection with, arising out of, or in respect of or relating to any Proceeding, including,
without limitation, amounts paid in settlement in any Proceeding and all costs and expenses
in complying with any judgment, order or decree issued or entered in connection with any
Proceeding or any settlement agreement, stipulation or consent decree entered into or
issued in settlement of any Proceeding. For the purpose hereof, references to “fines”
shall include any excise tax assessed with respect to any employee benefit plan.

“Person” shall mean any individual, corporation, partnership, limited partnership,
limited liability company, trust, governmental agency or body or any other legal entity.

“Proceeding” shall mean any threatened, pending or completed action, claim, suit,
arbitration, alternate dispute resolution mechanism, formal or informal hearing, inquiry or
investigation, litigation, inquiry, administrative hearing or any other actual, threatened
or completed judicial, administrative or arbitration proceeding (including, without
limitation, any such proceeding under the Securities Act of 1933, as amended, or the
Exchange Act or any other federal law, state law, statute or regulation), whether brought
in the right of the Company or otherwise, and whether of a civil, criminal, administrative

-3-

 

or investigative nature, in each case, in which Indemnitee was, is or will be, or is
threatened to be, involved as a party, witness or otherwise by reason of the Indemnitee’s
Corporate Status, by reason of any actual or alleged action taken or omission by Indemnitee
or of any action or omission on Indemnitee’s part while acting in Indemnittee’s Corporate
Status, in each case whether or not Indemnitee still has such Corporate Status at the time
any liability or expense is incurred for which indemnification, reimbursement, or
advancement of Expenses can be provided under this Agreement.

“Sponsor Entities” means (i) The Carlyle Group and (ii) any be Affiliate of The
Carlyle Group, provided, however, that neither the Company nor any of its
subsidiaries shall be considered Sponsor Entities hereunder.

     Section 2. General. The Company shall indemnify, and advance Expenses to, Indemnitee
(a) as provided in this Agreement and (b) otherwise to the maximum extent permitted by Maryland law
in effect on the date hereof and as amended from time to time; provided, however, that no change in
Maryland law shall have the effect of reducing the benefits available to Indemnitee hereunder based
on Maryland law as in effect on the date hereof. The rights of Indemnitee provided in this Section
2 shall include, without limitation, the rights set forth in the other sections of this Agreement,
including any additional indemnification permitted by Section 2-418(g) of the MGCL.

     Section 3. Standard for Indemnification. If, by reason of Indemnitee’s Corporate
Status, Indemnitee is, or is threatened to be, made a party to any Proceeding, Indemnitee shall be
indemnified against all Expenses and Liabilities incurred by him or on his behalf in connection
with any such Proceeding unless it is established that (a) the act or omission of Indemnitee was
material to the matter giving rise to the Proceeding and (i) was committed in bad faith or (ii) was
the result of active and deliberate dishonesty, (b) Indemnitee actually received an improper
personal benefit in money, property or services or (c) in the case of any criminal Proceeding,
Indemnitee had reasonable cause to believe that his conduct was unlawful.

     Section 4. Certain Limits on Indemnification. Notwithstanding any other provision of
this Agreement (other than Section 5), Indemnitee shall not be entitled to:

          (a) indemnification hereunder if the Proceeding was one by or in the right of the Company and
Indemnitee is adjudged to be liable to the Company;

          (b) indemnification hereunder if Indemnitee is adjudged to be liable on the basis that
personal benefit was improperly received in any Proceeding charging improper personal benefit to
Indemnitee, whether or not involving action in the Indemnitee’s Corporate Status; or

          (c) indemnification or advance of Expenses hereunder if the Proceeding was brought by
Indemnitee unless: (i) the Proceeding was brought to enforce indemnification under this Agreement,
but then only to the extent in accordance with and as authorized by Section 7 and Section 12 of
this Agreement, or (ii) the Charter or Bylaws, a resolution of the stockholders entitled to vote
generally in the election of directors or of the Board or an agreement approved by the Board to
which the Company is a party expressly provide otherwise.

-4-

 

     Section 5. Court-Ordered Indemnification. Notwithstanding any other provision of this
Agreement, a court of appropriate jurisdiction, upon application of Indemnitee and such notice as
the court shall require, may order indemnification in the following circumstances:

          (a) if it determines Indemnitee is entitled to reimbursement under Section 2-418(d)(1) of the
MGCL, the court shall order indemnification, in which case Indemnitee shall be entitled to recover
the Expenses of securing such reimbursement; or

          (b) if it determines that Indemnitee is fairly and reasonably entitled to indemnification in
view of all the relevant circumstances, whether or not Indemnitee (i) has met the standards of
conduct set forth in Section 2-418(b) of the MGCL or (ii) has been adjudged liable for receipt of
an improper personal benefit under Section 2-418(c) of the MGCL, the court may order such
indemnification as the court shall deem proper. However, indemnification with respect to any
Proceeding by or in the right of the Company or in which liability shall have been adjudged in the
circumstances described in Section 2-418(c) of the MGCL shall be limited to Expenses.

     Section 6. Indemnification for Expenses of a Party Who is Wholly or Partly Successful.
Notwithstanding any other provision of this Agreement, and without limiting any such provision, to
the extent that Indemnitee was or is, by reason of his Corporate Status, made a party to (or
otherwise becomes a participant in) any Proceeding and is successful, on the merits or otherwise,
in the defense of such Proceeding, Indemnitee shall be indemnified for all Expenses and Liabilities
incurred by him or on his behalf in connection therewith. If Indemnitee is not wholly successful
in such Proceeding but is successful, on the merits or otherwise, as to one or more but less than
all claims, issues or matters in such Proceeding, the Company shall indemnify Indemnitee under this
Section 6 for all Liabilities and Expenses incurred by him or on his behalf in connection with each
such claim, issue or matter, allocated on a reasonable and proportionate basis. For purposes of
this Section 6 and, without limitation, the termination of any claim, issue or matter in such a
Proceeding by dismissal, with or without prejudice, shall be deemed to be a successful result as to
such claim, issue or matter.

     Section 7. Advances of Expenses. Notwithstanding any provision of this Agreement to
the contrary, the Company shall advance, the Expenses incurred by Indemnitee in connection with any
Proceeding, and such advancement shall be made within ten (10) days after the receipt by the
Company of a statement or statements requesting such advances from time to time, whether prior to
or after final disposition of any Proceeding. Advances shall be unsecured and interest free.
Advances shall be made without requiring a preliminary determination of Indemnitee’s ultimate
entitlement to indemnification under the other provisions of this Agreement. Advances shall
include any and all Expenses incurred pursuing an action to enforce this right of advancement,
including Expenses incurred preparing and forwarding statements to the Company to support the
advances claimed. Such statement or statements shall reasonably evidence the Expenses incurred by
Indemnitee and shall include or be preceded or accompanied by a written affirmation by Indemnitee
of Indemnitee’s good faith belief that the standard of conduct necessary for indemnification by the
Company as authorized by law and by this Agreement has been met and a written undertaking by or on
behalf of Indemnitee to reimburse the portion of any Expenses advanced to Indemnitee relating to
claims, issues or matters in the Proceeding as to which it shall ultimately be established that the
standard of conduct for indemnification has not been met by Indemnitee and which have not been
successfully resolved as described in Section 6 of this Agreement. The affirmation and undertaking
shall be in substantially the form attached hereto as Exhibit A or in such form as may be
required under applicable law as in effect at the time of the execution thereof. To the extent
that Expenses

-5-

 

advanced to Indemnitee do not relate to a specific claim, issue or matter in the Proceeding,
such Expenses shall be allocated on a reasonable and proportionate basis. The undertaking required
by this Section 7 shall be an unlimited general obligation by or on behalf of Indemnitee and shall
be accepted without reference to Indemnitee’s financial ability to repay such advanced Expenses and
without any requirement to post security therefor.

     Section 8. Indemnification For Expenses of a Witness. Notwithstanding any other
provision of this Agreement, to the fullest extent permitted by applicable law and to the extent
that Indemnitee is, by reason of Indemnitee’s Corporate Status, a witness in any Proceeding to
which Indemnitee is not a party, he shall be indemnified against all Expenses and Liabilities
suffered or incurred by him or on his behalf in connection therewith.

     Section 9. Procedure for Notification and Defense of Claim.

          (a) Indemnitee shall notify the Company in writing of any Proceeding with respect to which
Indemnitee intends to seek indemnification or advancement of Expenses hereunder as soon as
reasonably practicable following the receipt by Indemnitee of written notice thereof. The written
notification to the Company shall include a description of the nature of the Proceeding and the
facts underlying the Proceeding. To obtain indemnification under this Agreement, Indemnitee shall
submit to the Company a written request, including therein or therewith such documentation and
information as is reasonably available to Indemnitee and is reasonably necessary to determine
whether and to what extent Indemnitee is entitled to indemnification following the final
disposition of such action, suit or proceeding. Any delay or failure by Indemnitee to notify the
Company hereunder will not relieve the Company from any liability which it may have to Indemnitee
hereunder or otherwise under this Agreement, and any delay or failure in so notifying the Company
shall not constitute a waiver by Indemnitee of any rights under this Agreement unless the Company’s
ability to defend in such Proceeding or to obtain proceeds under any insurance policy is materially
and adversely prejudiced thereby, and then only to the extent the Company is thereby actually so
prejudiced. The Secretary of the Company shall, promptly upon receipt of such a request for
indemnification, advise the Board in writing that Indemnitee has requested indemnification.

          (b) In the event Indemnitee is entitled to indemnification and/or advancement of Expenses with
respect to any Proceeding, Indemnitee may, at Indemnitee’s option, (i) retain counsel selected by
Indemnitee and approved by the Company (which approval shall not to be unreasonably withheld,
conditioned or delayed) to defend Indemnitee in such Proceeding, at the sole expense of the
Company, or (ii) have the Company assume the defense of Indemnitee in such Proceeding, in which
case the Company shall assume the defense of such Proceeding with counsel selected by the Company
and approved by Indemnitee (which approval shall not be unreasonably withheld, conditioned or
delayed) within ten (10) days of the Company’s receipt of written notice of Indemnitee’s election
to cause the Company to do so. If the Company is required to assume the defense of any such
Proceeding, it shall engage legal counsel for such defense, and the Company shall be solely
responsible for all fees and expenses of such legal counsel and otherwise of such defense. Such
legal counsel may represent both Indemnitee and the Company (and/or any other party or parties
entitled to be indemnified by the Company with respect to such matter) unless, in the reasonable
opinion of legal counsel to Indemnitee, there is a conflict of interest between Indemnitee and the
Company (or any other such party or parties) or there are legal defenses available to Indemnitee
that are not available to the Company (or any such other party or parties). Notwithstanding either
party’s assumption of responsibility for defense of a Proceeding, each party shall have the right
to engage separate counsel at its own expense. The party having responsibility for defense of a
Proceeding shall

-6-

 

provide the other party and its counsel with all copies of pleadings and material
correspondence relating to the proceeding. Indemnitee and the Company shall reasonably cooperate
in the defense of any Proceeding with respect to which indemnification is sought hereunder,
regardless of whether the Company or Indemnitee assumes the defense thereof. Indemnitee may not
settle or compromise any Proceeding without the prior written consent of the Company, which consent
shall not be unreasonably withheld, conditioned or delayed. The Company may not settle or
compromise any proceeding without the prior written consent of Indemnitee, which consent shall not
be unreasonably withheld, conditioned or delayed.

     Section 10. Procedure Upon Application for Indemnification.

          (a) Upon written request by Indemnitee for indemnification pursuant to Section 9(a) above, a
determination, if required by applicable law, with respect to Indemnitee’s entitlement thereto
shall promptly be made in the specific case: (i) if a Change in Control shall have occurred, by
Independent Counsel, in a written opinion to the Board, a copy of which shall be delivered to
Indemnitee, which Independent Counsel shall be selected by the Indemnitee and approved by the Board
in accordance with Section 2-418(e)(2)(ii) of the MGCL, which approval will not be unreasonably
withheld; or (ii) if a Change in Control shall not have occurred, (A) by the Board by a majority
vote of a quorum consisting of Disinterested Directors or, if such a quorum cannot be obtained,
then by a majority vote of a duly authorized committee of the Board consisting solely of one or
more Disinterested Directors, (B) if Independent Counsel has been selected by the Board in
accordance with Section 2-418(e)(2)(ii) of the MGCL and approved by the Indemnitee, which approval
shall not be unreasonably withheld, by Independent Counsel, in a written opinion to the Board, a
copy of which shall be delivered to Indemnitee or (C) if so directed by a majority of the members
of the Board, by the stockholders of the Company. If it is so determined that Indemnitee is
entitled to indemnification, payment to Indemnitee shall be made within ten days after such
determination. Indemnitee shall cooperate with the person, persons or entity making such
determination with respect to Indemnitee’s entitlement to indemnification, including providing to
such person, persons or entity upon reasonable advance request any documentation or information
which is not privileged or otherwise protected from disclosure and which is reasonably available to
Indemnitee and reasonably necessary to such determination in the discretion of the Board or
Independent Counsel if retained pursuant to clause (ii)(B) of this Section 10(a). Any Expenses
incurred by Indemnitee in so cooperating with the person, persons or entity making such
determination shall be borne by the Company (irrespective of the determination as to Indemnitee’s
entitlement to indemnification) and the Company shall indemnify and hold Indemnitee harmless
therefrom.

          (b) The Company shall pay the reasonable fees and expenses of Independent Counsel, if one is
appointed.

          (c) In the event the determination of entitlement to indemnification is to be made by
Independent Counsel pursuant to Section 9(a) hereof, (i) the Independent Counsel shall be selected
by the Company within ten (10) days of the Submission Date (the cost of each such counsel to be
paid by the Company), (ii) shall give written notice to Indemnitee advising it of the identity of
the Independent Counsel so selected and (iii) Indemnitee may, within ten (10) days after such
written notice of selection shall have been given, deliver to the Company Indemnitee’s written
objection to such selection. Absent a timely objection, the person so selected shall act as
Independent Counsel. If a written objection is so made by Indemnitee, the Independent Counsel so
selected may not serve as Independent Counsel unless and until such objection is withdrawn. If no
Independent Counsel shall have been selected and not objected to before the later of (i) thirty
(30) days after the later of submission by Indemnitee of a written request for

-7-

 

indemnification pursuant to Section 9(a) hereof (the “Submission Date”) and (ii) ten (10)
days after the final disposition of the Proceeding, each of the Company and Indemnitee shall select
a law firm or member of a law firm meeting the qualifications to serve as Independent Counsel, and
such law firms or members of law firms shall select the Independent Counsel. Upon the due
commencement of any judicial proceeding or arbitration pursuant to Section 12(a) of this Agreement,
Independent Counsel shall be discharged and relieved of any further responsibility in such capacity
(subject to the applicable standards of professional conduct then prevailing).

     Section 11. Presumptions and Effect of Certain Proceedings.

          (a) In making a determination with respect to entitlement to indemnification hereunder, the
person or persons or entity making such determination shall, to the fullest extent not prohibited
by law, presume that Indemnitee is entitled to indemnification under this Agreement if Indemnitee
has submitted a request for indemnification in accordance with Section 10(a) of this Agreement, and
the Company shall, to the fullest extent not prohibited by law, have the burden of proof to
overcome that presumption in connection with the making by any person, persons or entity of any
determination contrary to that presumption. Neither the failure of the Company (including by its
directors or independent legal counsel) to have made a determination prior to the commencement of
any action pursuant to this Agreement that indemnification is proper in the circumstances because
Indemnitee has met the applicable standard of conduct, nor an actual determination by the Company
(including by its directors or independent legal counsel) that Indemnitee has not met such
applicable standard of conduct, shall be a defense to the action or create a presumption that
Indemnitee has not met the applicable standard of conduct.

          (b) Subject to Section 12(e), if the person, persons or entity empowered or selected under
Section 9 of this Agreement to determine whether Indemnitee is entitled to indemnification shall
not have made a determination within sixty (60) days after receipt by the Company of the request
therefore, the requisite determination of entitlement to indemnification shall, to the fullest
extent not prohibited by law, be deemed to have been made and Indemnitee shall be entitled to such
indemnification, absent a prohibition of such indemnification under applicable law; provided,
however, that such 60-day period may be extended for a reasonable time, not to exceed an additional
sixty (60) days, if (i) the determination is to be made by Independent Counsel and Indemnitee
objects to the Company’s selection of Independent Counsel and (ii) the Independent Counsel
ultimately selected requires such additional time for the obtaining or evaluating of documentation
and/or information relating thereto.

          (c) The termination of any Proceeding or of any claim, issue or matter therein, by judgment,
order, settlement or conviction, or upon a plea of nolo contendere or its
equivalent, shall not (except as otherwise expressly provided in this Agreement) adversely affect
the right of Indemnitee to indemnification or create a presumption that Indemnitee did not act in
good faith and in a manner which he reasonably believed to be in or not opposed to the best
interests of the Company or, with respect to any criminal Proceeding, that Indemnitee had
reasonable cause to believe that Indemnitee’s conduct was unlawful.

          (d) The knowledge and/or actions, or failure to act, of any director, officer, agent or
employee of the Enterprise shall not be imputed to Indemnitee for purposes of determining the right
to indemnification under this Agreement.

     Section 12. Remedies of Indemnitee.

-8-

 

          (a) Subject to Section 12(e), in the event that (i) a determination is made pursuant to
Section 10(a) of this Agreement that Indemnitee is not entitled to indemnification under this
Agreement, (ii) advancement of Expenses is not timely made pursuant to Section 7 of this Agreement,
(iii) no determination of entitlement to indemnification shall have been made pursuant to Section
10(a) of this Agreement within ninety (90) days after receipt by the Company of the request for
indemnification, (iv) payment of indemnification is not made pursuant to Section 6 of this
Agreement within ten (10) days after receipt by the Company of a written request therefore, (v)
payment of indemnification pursuant to any other section of this Agreement, the Charter or the
Bylaws is not made within ten (10) days after a determination has been made that Indemnitee is
entitled to indemnification, or (vi) in the event that the Company or any other person takes or
threatens to take any action to declare this Agreement void or unenforceable, or institutes any
litigation or other action or Proceeding designed to deny, or to recover from, the Indemnitee the
benefits provided or intended to be provided to the Indemnitee hereunder, Indemnitee shall be
entitled to an adjudication by a court of Indemnitee’s entitlement to such indemnification and/or
advancement of Expenses. Alternatively, Indemnitee, at Indemnitee’s option, may seek an award in
arbitration to be conducted by a single arbitrator pursuant to the Commercial Arbitration Rules of
the American Arbitration Association. The Company shall not oppose Indemnitee’s right to seek any
such adjudication or award in arbitration.

          (b) In the event that a determination shall have been made pursuant to Section 10(a) of this
Agreement that Indemnitee is not entitled to indemnification, any judicial proceeding or
arbitration commenced pursuant to this Section 12 shall be conducted in all respects as a de novo
trial, or arbitration, on the merits and Indemnitee shall not be prejudiced by reason of that
adverse determination. In any judicial proceeding or arbitration commenced pursuant to this
Section 12, the Company shall have the burden of proving Indemnitee is not entitled to
indemnification or advancement of Expenses, as the case may be.

          (c) If a determination shall have been made pursuant to Section 10(a) of this Agreement that
Indemnitee is entitled to indemnification, the Company shall be bound by such determination in any
judicial proceeding or arbitration commenced pursuant to this Section 12, absent a prohibition of
such indemnification under applicable law.

          (d) The Company shall, to the fullest extent not prohibited by law, be precluded from
asserting in any judicial proceeding or arbitration commenced pursuant to this Section 12 that the
procedures and presumptions of this Agreement are not valid, binding and enforceable and shall
stipulate in any such court or before any such arbitrator that the Company is bound by all the
provisions of this Agreement.

          (e) In the event that Indemnitee, pursuant to this Section 12, seeks a judicial adjudication
of or an award in arbitration to enforce his rights under, or to recover damages for breach of,
this Agreement, if Indemnitee is successful, Indemnitee shall be entitled to recover from the
Company, and shall be indemnified by the Company for, any and all Expenses actually and reasonably
incurred by him in such judicial adjudication or arbitration. If it shall be determined in such
judicial adjudication or arbitration that Indemnitee is entitled to receive part but not all of the
indemnification or advance of Expenses sought, the Expenses incurred by Indemnitee in connection
with such judicial adjudication or arbitration shall be appropriately prorated.

          (f) Interest shall be paid by the Company to Indemnitee at the maximum rate allowed to be
charged for judgments under the Courts and Judicial Proceedings Article of the

-9-

 

Annotated Code of Maryland for amounts which the Company pays or is obligated to pay for the
period commencing with the date on which the Company was requested to advance expenses in
accordance with Section 7 of this Agreement or to make the determination of entitlement to
indemnification under Section 12(a) above and ending on the date such payment is made to Indemnitee
by the Company

     Section 13. Non-exclusivity; Survival of Rights; Insurance; Privacy of Indemnification;
Subrogation.

          (a) The rights of indemnification and to receive advancement of Expenses as provided by this
Agreement shall not be deemed exclusive of any other rights to which Indemnitee may at any time be
entitled under applicable law, the Charter, the Bylaws, any agreement, a vote of stockholders or a
resolution of directors, or otherwise. No amendment, alteration or repeal of this Agreement or of
any provision hereof shall limit or restrict any right of Indemnitee under this Agreement in
respect of any action taken or omitted by such Indemnitee in Indemnitee’s Corporate Status prior to
such amendment, alteration or repeal. To the extent that a change in Maryland law, whether by
statute or judicial decision, permits greater indemnification or advancement of Expenses than would
be afforded currently under the Charter, the Bylaws and/or this Agreement, it is the intent of the
parties hereto that Indemnitee shall enjoy by this Agreement the greater benefits so afforded by
such change. No right or remedy herein conferred is intended to be exclusive of any other right or
remedy, and every other right and remedy shall be cumulative and in addition to every other right
and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The
assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the
concurrent assertion or employment of any other right or remedy.

          (b) The Company hereby acknowledges that Indemnitee has certain rights to indemnification,
advancement of Expenses and/or insurance provided by the Sponsor Entities. The Company hereby
agrees (i) that it is the Indemnitor of first resort for any claims made against Indemnitee by
reason of his Corporate Status (i.e., its obligations to Indemnitee are primary and any obligation
of the Sponsor Entities to advance Expenses or to provide indemnification for the same Expenses or
Liabilities incurred by Indemnitee by reason of his Corporate Status are secondary), (ii) that it
shall be required to advance the full amount of Expense incurred by Indemnitee by reason of his
Corporate Status and shall be liable for the full amount of all Expenses and Liabilities to the
extent legally permitted and as required by the terms of this Agreement and the Company’s Charter
or Bylaws (or any other agreement between the Company and Indemnitee), without regard to any rights
Indemnitee may have against the Sponsor Entities, and, (iii) that it irrevocably waives,
relinquishes and releases the Sponsor Entities from any and all claims against the Sponsor Entities
for contribution or subrogation in respect of any claims made against Indemnitee by reason of his
Corporate Status. The Company further agrees that no advancement or payment by the Sponsor Parties
on behalf of Indemnitee with respect to any claim for which Indemnitee has sought indemnification
from the Company pursuant to this Agreement shall affect the foregoing and the Sponsor Entities
shall have a right of contribution and/or be subrogated to the extent of such advancement or
payment to all of the rights of recovery of Indemnitee against the Company as permitted by this
Agreement. The Company and Indemnitee agree that the Sponsor Entities are express third party
beneficiaries of the terms of this Section 16(b).

          (c) [Except as provided in paragraph (b) above, t][T]he Company shall not be liable under this
Agreement to make any payment of amounts otherwise indemnifiable or

-10-

 

payable or reimbursable as Expenses hereunder if and to the extent that Indemnitee has
otherwise actually received such payment under any insurance policy, contract, agreement or
otherwise. [Include language in bold for directors nominated by Sponsor Entities]

          (d) To the extent that the Company maintains an insurance policy or policies providing
liability insurance for directors, officers, employees, or agents of the Company or of any other
corporation, partnership, joint venture, trust, employee benefit plan or other enterprise which
such person serves at the request of the Company, Indemnitee shall be covered by such policy or
policies in accordance with its or their terms to the maximum extent of the coverage available for
any such director, officer, employee or agent under such policy or policies. If, at the time of
the receipt of a notice of a claim pursuant to the terms hereof, the Company has director and
officer liability insurance in effect, the Company shall give prompt notice of the commencement of
such proceeding to the insurers in accordance with the procedures set forth in the respective
policies. The Company shall thereafter take all necessary or desirable action to cause such
insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such proceeding in
accordance with the terms of such policies.

          (e) The indemnification provided for in this Agreement will remain in full force and effect
regardless of any investigation made by or on behalf of Indemnitee.

     Section 14. Duration of Agreement; Not Employment Contract. This Agreement shall
continue until and terminate on the date that Indemnitee is no longer subject to any actual or
possible Proceeding (including any rights of appeal thereto and any Proceeding commenced by
Indemnitee pursuant to Section 12 of this Agreement). This Agreement shall be binding upon the
Company and its successors and assigns and shall inure to the benefit of Indemnitee and
Indemnitee’s heirs, executors and administrators. This Agreement shall not be deemed an employment
contract between the Company (or any of its subsidiaries or any Enterprise) and Indemnitee.
Indemnitee specifically acknowledges that Indemnitee’s employment with the Company (or any of its
subsidiaries or any Enterprise), if any, is at will, and the Indemnitee may be discharged at any
time for any reason, with or without cause, except as may be otherwise provided in any written
employment contract between Indemnitee and the Company (or any of its subsidiaries or any
Enterprise), other applicable formal severance policies duly adopted by the Board, or, with respect
to service as a director of the Company, by the Charter, the Bylaws and the MGCL.

     Section 15. Severability. If any provision or provisions of this Agreement shall be
held to be invalid, illegal or unenforceable for any reason whatsoever: (a) the validity, legality
and enforceability of the remaining provisions of this Agreement (including without limitation,
each portion of any Section of this Agreement containing any such provision held to be invalid,
illegal or unenforceable, that is not itself invalid, illegal or unenforceable) shall not in any
way be affected or impaired thereby and shall remain enforceable to the fullest extent permitted by
law; (b) such provision or provisions shall be deemed reformed to the extent necessary to conform
to applicable law and to give the maximum effect to the intent of the parties hereto; and (c) to
the fullest extent possible, the provisions of this Agreement (including, without limitation, each
portion of any Section of this Agreement containing any such provision held to be invalid, illegal
or unenforceable, that is not itself invalid, illegal or unenforceable) shall be construed so as to
give effect to the intent manifested thereby.

     Section 16. Enforcement.

-11-

 

          (a) The Company expressly confirms and agrees that it has entered into this Agreement and
assumed the obligations imposed on it hereby in order to induce Indemnitee to serve as a director
or officer of the Company, and the Company acknowledges that Indemnitee is relying upon this
Agreement in serving as a director or officer of the Company.

          (b) This Agreement constitutes the entire agreement between the parties hereto with respect to
the subject matter hereof and supersedes all prior agreements and understandings, oral, written and
implied, between the parties hereto with respect to the subject matter hereof; provided, however,
that this Agreement is a supplement to and in furtherance of the Charter, the Bylaws and applicable
law, and shall not be deemed a substitute therefore, nor to diminish or abrogate any rights of
Indemnitee thereunder.

     Section 17. Modification and Waiver. No supplement, modification or amendment of this
Agreement shall be binding unless executed in writing by the parties thereto. No waiver of any of
the provisions of this Agreement shall be deemed or shall constitute a waiver of any other
provisions of this Agreement nor shall any waiver constitute a continuing waiver.

     Section 18. Notices. All notices, requests, demands and other communications under
this Agreement shall be in writing and shall be deemed to have been duly given if (a) delivered by
hand and receipted for by the party to whom said notice or other communication shall have been
directed, (b) mailed by certified or registered mail with postage prepaid, on the third business
day after the date on which it is so mailed, (c) mailed by reputable overnight courier and
receipted for by the party to whom said notice or other communication shall have been directed or
(d) sent by facsimile transmission, with receipt of oral confirmation that such transmission has
been received:

          (a) If to Indemnitee, at the address indicated on the signature page of this Agreement, or
such other address as Indemnitee shall provide to the Company.

          (b) If to the Company to

CoreSite Realty Corporation

1050 17th Street, Suite 800

Denver, CO 80265

Tel: [•]

Attn: [•]

or to any other address as may have been furnished to Indemnitee by the Company.

     Section 19. Applicable Law and Consent to Jurisdiction. This Agreement and the legal
relations among the parties shall be governed by, and construed and enforced in accordance with,
the laws of the State of Maryland, without regard to its conflict of laws rules. The Company and
Indemnitee hereby irrevocably and unconditionally (i) agree that any action or proceeding arising
out of or in connection with this Agreement shall be brought only in the United States District
Court For the District of Maryland, Northern Division (the “Maryland Court”), and not in
any other state or federal court in the United States of America or any court in any other country,
(ii) consent to submit to the exclusive jurisdiction of the Maryland Court for purposes of any
action or proceeding arising out of or in connection with this Agreement, (iii) waive any objection
to the laying of venue of any such action or proceeding in the Maryland Court, and (iv) waive, and
agree not to plead or to make, any claim that any such action or proceeding brought in the Maryland
Court has been brought in an improper or inconvenient forum.

-12-

 

     Section 20. Counterparts. This Agreement may be executed in one or more counterparts,
each of which shall for all purposes be deemed to be an original but all of which together shall
constitute one and the same Agreement. Only one such counterpart signed by the party against whom
enforceability is sought needs to be produced to evidence the existence of this Agreement.

     Section 21. Third-Party Beneficiaries. The Sponsor Entities are intended third-party
beneficiaries of this Agreement.

     Section 22. Miscellaneous. Use of the masculine pronoun shall be deemed to include
usage of the feminine pronoun where appropriate. The headings of the paragraphs of this Agreement
are inserted for convenience only and shall not be deemed to constitute part of this Agreement or
to affect the construction thereof.

-13-

 

     IN WITNESS WHEREOF, the parties have caused this Agreement to be signed as of the day and year
first above written.

	 	 	 	 	 	 	 	 	 	 	 

	CORESITE REALTY CORPORATION	 	 	 	INDEMNITEE	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	Name:

	 	 	 	 	 	Name:	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	 
	Office:

	 	 	 	 	 	Address:	 	 	 	 
	 

	 	 

	 	 	 	 	 	 

	 	 
	 

	 	 	 	 	 	 	 	 

	 	 
	 

	 	 	 	 	 	 	 	 

	 	 

-14-

 

EXHIBIT A

FORM OF AFFIRMATION AND UNDERTAKING TO REPAY EXPENSES
ADVANCED

The Board of Directors of CoreSite Realty Corporation

Re: Undertaking to Repay Expenses Advanced

Ladies and Gentlemen:

     This undertaking is being provided pursuant to that certain Indemnification Agreement dated
the                   day of                                    , 2010, by and between CoreSite Realty Corporation, a Maryland
corporation (the “Company”), and the undersigned Indemnitee (the “Indemnification Agreement”),
pursuant to which I am entitled to advance of Expenses in connection with [Description of
Proceeding] (the “Proceeding”).

     Terms used herein and not otherwise defined shall have the meanings specified in the
Indemnification Agreement.

     I am subject to the Proceeding by reason of my Corporate Status or by reason of alleged
actions or omissions by me in such capacity. I hereby affirm my good faith belief that at all
times, insofar as I was involved as [a director] [an officer] of the Company, in any of the facts
or events giving rise to the Proceeding, I (1) did not act with bad faith or active or deliberate
dishonesty, (2) did not receive any improper personal benefit in money, property or services and
(3) in the case of any criminal proceeding, had no reasonable cause to believe that any act or
omission by me was unlawful.

     In consideration of the advance of Expenses by the Company for reasonable attorneys’ fees and
related Expenses incurred by me in connection with the Proceeding (the “Advanced Expenses”), I
hereby agree that if, in connection with the Proceeding, it is established that (1) an act or
omission by me was material to the matter giving rise to the Proceeding and (a) was committed in
bad faith or (b) was the result of active and deliberate dishonesty or (2) I actually received an
improper personal benefit in money, property or services or (3) in the case of any criminal
proceeding, I had reasonable cause to believe that the act or omission was unlawful, then I shall
promptly reimburse the portion of the Advanced Expenses relating to the claims, issues or matters
in the Proceeding as to which the foregoing findings have been established.

     IN WITNESS WHEREOF, I have executed this Affirmation and Undertaking on this                      day of
                                        , 2010.

-15-exv10w10

Exhibit
10.10

REGISTRATION RIGHTS AGREEMENT

          THIS
REGISTRATION RIGHTS AGREEMENT is entered into as of September [•], 2010 by and among CoreSite
Realty Corporation, a Maryland corporation (the “Company”), and the holders listed on
Schedule I hereto (each an “Initial Holder” and, collectively, the “Initial
Holders”).

RECITALS

          WHEREAS, in connection with the initial public offering of shares of the Company’s common
stock, par value $0.01 per share (the “Common Stock”), the Company and CoreSite, L.P., a
Delaware limited partnership (the “Operating Partnership”), have engaged in certain
formation transactions (the “Formation Transactions”), pursuant to which the Initial
Holders have received common units of partnership interests (“OP Units”) in the Operating
Partnership and have been admitted as limited partners of the Operating Partnership;

          WHEREAS, pursuant to the Operating Partnership Agreement (as defined below), OP Units will be
redeemable for cash or, at the Company’s option, exchangeable for shares of Common Stock of the
Company upon the terms and subject to the conditions contained therein; and

          WHEREAS, in connection with the Formation Transactions, the Company has agreed to grant the
Initial Holders and their permitted assignees and transferees the registration rights set forth in
Article II hereof.

          NOW, THEREFORE, in consideration of the premises and the mutual agreements herein contained,
and for good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

ARTICLE I

DEFINITIONS

     Section 1.1. Definitions. In addition to the definitions set forth above, the
following terms, as used herein, have the following meanings:

          “Affiliate” of any Person means any other Person directly or indirectly controlling or
controlled by or under common control with such Person. For the purposes of this definition,
“control” when used with respect to any Person, means the possession, directly or indirectly, of
the power to direct or cause the direction of the management and policies of such Person, whether
through the ownership of voting securities, by contract or otherwise; and the terms “controlling”
and “controlled” have meanings correlative to the foregoing.

          “Agreement” means this Registration Rights Agreement, as it may be amended,
supplemented or restated from time to time.

          “Business Day” means any day except a Saturday, Sunday or other day on which
commercial banks in New York, New York are authorized by law to close.

 

 

          “Charter” means the charter of the Company as filed with the Secretary of State of the
State of Maryland, as the same may be amended, modified or restated from time to time.

          “Commission” means the United States Securities and Exchange Commission.

          “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules
and regulations promulgated thereunder.

          “Exchangeable OP Units” means OP Units that may be redeemable for cash or, at the
Company’s option, exchangeable for shares of Common Stock pursuant to the Operating Partnership
Agreement (without regard to any limitations on the exercise of such exchange right as a result of
the Ownership Limit Provisions).

          “Holder” means any Initial Holder who is the record or beneficial owner of any
Registrable Security or any assignee or transferee of such Initial Holder (including assignments or
transfers of Registrable Securities to such assignees or transferees as a result of the foreclosure
on any loans secured by such Registrable Securities) (x) to the extent permitted under the
Operating Partnership Agreement or the Charter, as applicable, and (y) provided such assignee or
transferee agrees in writing to be bound by all the provisions hereof, unless such owner, assignee
or transferee acquires such Registrable Security in a public distribution pursuant to a
registration statement under the Securities Act or pursuant to transactions exempt from
registration under the Securities Act where securities sold in such transaction may be resold
without subsequent registration under the Securities Act.

          “Initial Period” means a period commencing on the date hereof and ending 365 days
following the effective date of the first Resale Shelf Registration Statement (except that, if the
shares of Common Stock issuable upon exchange of Exchangeable OP Units received in the Formation
Transactions are not included in that Resale Shelf Registration Statement as a result of Section
2.1(b), the 365 days shall not begin until the later of the effective date of (i) the first Resale
Shelf Registration Statement and (ii) the first Issuer Shelf Registration Statement).

          “Issuer Shelf Registration Statement” has the meaning set forth in Section 2.1(b).

          “Notice and Questionnaire” means a written notice, substantially in the form attached
as Exhibit A , delivered by a Holder to the Company (i) notifying the Company of such
Holder’s desire to include Registrable Securities held by it in a Resale Shelf Registration
Statement, (ii) containing all information about such Holder required to be included in such
registration statement in accordance with applicable law, including Item 507 of Regulation S-K
promulgated under the Securities Act, as amended from time to time, or any similar successor rule
thereto, and (iii) pursuant to which such Holder agrees to be bound by the terms and conditions
hereof.

          “Ownership Limit Provisions” mean the various provisions of the Company’s Charter set
forth in Article VII thereof restricting the transfer and ownership of Common Stock.

          “Operating Partnership Agreement” means the Agreement of Limited
Partnership of the Operating Partnership, dated as of September [•], 2010, as the same may be amended,
modified or restated from time to time.

2

 

          “Person” means an individual or a corporation, partnership, limited liability company,
association, trust, or any other entity or organization, including a government or political
subdivision or an agency or instrumentality thereof.

          “Registrable Securities” means, with respect to any Holder, shares of Common Stock at
any time owned, either of record or beneficially, by such Holder and (a) received in the Formation
Transactions, (b) acquired by such Holder directly from the Underwriter or the Company in the
Company’s initial public offering of Common Stock in a transaction disclosed in the registration
statement therefor, or (c) issued or issuable upon exchange of Exchangeable OP Units received in
the Formation Transactions, and, in the case of (a), (b) and (c), any additional shares of Common
Stock issued as a dividend, distribution or exchange for, or in respect of, such shares (including
as a result of combinations, recapitalizations, mergers, consolidations, reorganizations or
otherwise). As to any particular Registrable Securities, they shall cease to be Registrable
Securities at the earliest time as one of the following shall have occurred: (i) a registration
statement (including a Resale Shelf Registration Statement) covering such shares has been declared
effective by the Commission and all such shares have been disposed of pursuant to such effective
registration statement, (ii) such shares (other than Restricted Shares) were issued pursuant to an
effective registration statement (including an Issuer Shelf Registration Statement), (iii) such
shares have been publicly sold under Rule 144, (iv) all such shares may be sold in one transaction
pursuant to Rule 144, or (v) such shares have been otherwise transferred in a transaction that
constitutes a sale thereof under the Securities Act, the Company has delivered to the Holder’s
transferee a new certificate or other evidence of ownership for such shares not bearing the
Securities Act restricted stock legend and such shares subsequently may be resold or otherwise
transferred by such transferee without registration under the Securities Act.

          “Resale Shelf Registration” shall have the meaning set forth in Section 2.1(a) hereof.

          “Resale Shelf Registration Statement” shall have the meaning set forth in Section
2.1(a) hereof.

          “Restricted Shares” means shares of Common Stock issued under an Issuer Shelf
Registration Statement which if sold by the holder thereof would constitute “restricted securities”
as defined under Rule 144 or would otherwise be subject to volume limitations under Rule 144.

          “Rule 144” means Rule 144 promulgated under the Securities Act, as amended from time
to time, or any similar successor rule thereto that may be promulgated by the Commission.

          “Securities Act” means the Securities Act of 1933, as amended, and the rules and
regulations promulgated thereunder.

          “Selling Holder” means a Holder who is selling Registrable Securities pursuant to a
Resale Shelf Registration Statement under the Securities Act.

          “Shelf Registration Statement” means a Resale Shelf Registration Statement and/or an
Issuer Shelf Registration Statement.

3

 

          “Suspension Notice” means any written notice delivered by the Company pursuant to
Section 2.11 hereof with respect to the suspension of rights under a Resale Shelf Registration
Statement or any prospectus contained therein.

          “Underwriter” means a securities dealer who purchases any Registrable Securities as
principal and not as part of such dealer’s market-making activities.

ARTICLE II

REGISTRATION RIGHTS

     Section 2.1. Shelf Registration.

               (a) Subject to Section 2.11 hereof, the Company shall prepare and file not later than 365 days
after the consummation date of the Company’s initial public offering, a “shelf” registration
statement with respect to the resale of all of the Registrable Securities (“Resale Shelf
Registration”) by the Holders thereof on an appropriate form for an offering to be made on a
delayed or continuous basis pursuant to Rule 415 under the Securities Act (the “Resale Shelf
Registration Statement”) and permitting registration of the resale of such Registrable
Securities by such Holders in accordance with the methods of distribution elected by the Holders
and set forth in the Resale Shelf Registration Statement. The Company shall use its reasonable
efforts to cause the Resale Shelf Registration Statement to be declared effective by the Commission
as promptly as reasonably practicable after the filing thereof, and, subject to Sections 2.1(d) and
2.11 hereof, to keep such Resale Shelf Registration Statement continuously effective for a period
ending when all shares of Common Stock covered by the Resale Shelf Registration Statement are no
longer Registrable Securities.

          At the time the Resale Shelf Registration Statement is declared effective, each Holder that
has delivered a duly completed and executed Notice and Questionnaire to the Company on or prior to
the date 10 Business Days prior to such time of effectiveness shall be named as a selling
securityholder in the Resale Shelf Registration Statement and the related prospectus in such a
manner as to permit such Holder to deliver such prospectus to purchasers of Registrable Securities
in accordance with applicable law. If required by applicable law, subject to the terms and
conditions hereof, after effectiveness of the Resale Shelf Registration Statement, the Company
shall file a supplement to such prospectus or amendment to the Resale Shelf Registration Statement
not less frequently than once a quarter as necessary to name as selling securityholders therein any
Holders that provide to the Company a duly completed and executed Notice and Questionnaire and
shall use reasonable efforts to cause any post-effective amendment to such Resale Shelf
Registration Statement filed for such purpose to be declared effective by the Commission as
promptly as reasonably practicable after the filing thereof.

               (b) The Company may, at its option, satisfy its obligation to prepare and file a Resale Shelf
Registration Statement pursuant to Section 2.1(a) hereof with respect to shares of Common Stock
issuable upon exchange of Exchangeable OP Units received in the Formation Transactions by preparing
and filing with the Commission not later than 365 days after the consummation date of the Company’s
initial public offering, a registration statement on an appropriate form for an offering to be made
on a delayed or continuous basis pursuant to Rule 415 under the Securities Act (an “Issuer
Shelf Registration Statement”) providing for the

4

 

issuance by the Company, from time to time, to the Holders of such Exchangeable OP Units
shares of Common Stock registered under the Securities Act (the “Primary Shares”) in lieu
of the Operating Partnership’s obligation to pay cash for such Exchangeable OP Units. The Company
shall use its reasonable efforts to cause the Issuer Shelf Registration Statement to be declared
effective by the Commission as promptly as reasonably practicable after filing thereof. The
Company shall use reasonable efforts, subject to Sections 2.1(d) and 2.11 hereof, to keep the
Issuer Shelf Registration Statement continuously effective for a period (the “Effectiveness
Period”) expiring on the date all of the shares of Common Stock covered by such Issuer Shelf
Registration Statement have been issued by the Company pursuant thereto. If the Company shall
exercise its rights under this Section 2.1(b), Holders (other
than Holders of Restricted Shares and the Initial Holders, including
their successors, assigns or transferees)
shall have no right to have shares of Common Stock issued or issuable upon exchange of Exchangeable
OP Units included in a Resale Shelf Registration Statement pursuant to Section 2.1(a).

               (c) Underwritten Resale Shelf Registration Statement. Any offering under a Resale
Shelf Registration Statement shall be underwritten at the written request of Initial Holders or
their Affiliates under such registration statement that hold, in the aggregate, at least 5% of all
Registrable Securities then outstanding, which underwriters shall be selected by such Holders
subject to the Company’s consent (which consent shall not be unreasonably withheld or delayed);
provided, that the Company shall not be obligated to effect
more than seven underwritten
offerings hereunder; provided, further, that the Company shall not be obligated to
effect, or take any action to effect, an underwritten offering (i) within 120 days following the
last date on which an underwritten offering was effected pursuant to this Section 2.1(c) or if
longer, the length of any lock-up required by the underwriters in
such prior underwritten offering,
(ii) during the period commencing with the date 30 days prior to the Company’s good faith estimate
of the date of filing of (provided, the Company is actively employed in good faith
commercially reasonable efforts to file such registration statement), and ending on a date 90 days
after the effective date of, a registration statement with respect to an offering by the Company or
(iii) if the anticipated aggregate offering price (as determined in good faith by the Company), net
of Registration Expenses, of the Registrable Securities proposed to be sold in such offering would
be less than $20 million. Any request for an underwritten offering hereunder shall be made to the
Company in accordance with the notice provisions of this Agreement.

               (d) Subsequent Filing. The Company shall prepare and file such additional
registration statements as necessary every three years and use its reasonable efforts to cause such
registration statements to be declared effective by the Commission so that the registration
statement remains continuously effective, subject to Section 2.11 hereof, with respect to resales
of Registrable Securities as of and for the periods required under Section 2.1(a) or (b) hereof, as
applicable, such subsequent registration statements to constitute an Issuer Shelf Registration
Statement or a Resale Shelf Registration Statement, as the case may be, hereunder.

               (e) Selling Holders Become Party to Agreement. Each Holder acknowledges that by
participating in its registration rights pursuant to this Agreement, such Holder will be deemed a
party to this Agreement and will be bound by its terms, notwithstanding such Holder’s failure to
deliver a Notice and Questionnaire; provided, that any Holder that has not delivered a duly
completed and executed Notice and Questionnaire shall not be entitled to be

5

 

named as a Selling Holder in, or have the Registrable Securities held by it covered by, a
Resale Shelf Registration Statement.

     Section 2.2. Reduction of Offering. Notwithstanding anything contained herein, if the
managing Underwriter or Underwriters of an offering described in Section 2.1(c) hereof advise in
writing to the Company and the Holder(s) of the Registrable Securities included in such offering
that the size of the intended offering is such that the success of the offering would be
significantly adversely affected by inclusion of all the Registrable Securities requested to be
included, then the amount of securities to be offered for the accounts of Holders shall be reduced
pro rata (according to the Registrable Securities requested for inclusion) to the extent
necessary to reduce the total amount of securities to be included in such offering to the amount
recommended by such managing Underwriter or Underwriters but in priority to any securities proposed
to be sold by the Company for its own account or any other holders of securities of the Company
with registration rights to participate therein.

     Section 2.3. Registration Procedures; Filings; Information. Subject to Section 2.11
hereof, in connection with any Resale Shelf Registration Statement under Section 2.1(a) hereof, the
Company will use its reasonable efforts to effect the registration of the resale of Registrable
Securities covered thereby in accordance with the intended method of disposition thereof as quickly
as practicable, and, in connection with any Issuer Shelf Registration Statement under Section
2.1(b) hereof, the Company will use its reasonable efforts to effect the registration of the
issuance of the Primary Shares as quickly as reasonably practicable. In connection with any Shelf
Registration Statement:

               (a) The Company will no later than two Business Days , prior to filing a Resale Shelf
Registration Statement or prospectus or any amendment or supplement thereto, furnish to each
Selling Holder and each Underwriter, if any, of the Registrable Securities covered by such
registration statement copies of such registration statement as proposed to be filed, and
thereafter furnish to such Selling Holder and Underwriter, if any, such number of conformed copies
of such registration statement, each amendment and supplement thereto (in each case including all
exhibits thereto and documents incorporated by reference therein), the prospectus included in such
registration statement (including each preliminary prospectus) and such other documents as such
Selling Holder or Underwriter may reasonably request in order to facilitate the disposition of the
Registrable Securities owned by such Selling Holder.

               (b) After the filing of a Resale Shelf Registration Statement, the Company will promptly
notify each Selling Holder of Registrable Securities covered by such registration statement of any
stop order issued or threatened by the Commission and take all reasonable actions required to
prevent the entry of such stop order or to remove it if entered.

               (c) The Company will use its reasonable efforts to (i) register or qualify the Registrable
Securities under such other securities or “blue sky” laws of such jurisdictions in the United
States (where an exemption does not apply) as any Selling Holder or managing Underwriter(s), if
any, reasonably (in light of such Selling Holder’s intended plan of distribution) requests and (ii)
cause such Registrable Securities to be registered with or approved by such other governmental
agencies or authorities as may be necessary by virtue of the business and operations of the Company
and do any and all other acts and things that may be reasonably

6

 

necessary or advisable to enable such Selling Holder to consummate the disposition of the
Registrable Securities owned by such Selling Holder; provided, that the Company will not be
required to (A) qualify generally to do business in any jurisdiction where it would not otherwise
be required to qualify but for this paragraph (c), (B) subject itself to general taxation in any
such jurisdiction or (C) consent to general service of process in any such jurisdiction. The
Company will promptly notify each Selling Holder of the receipt by the Company of any notification
with respect to the suspension of the qualification of any Registrable Securities for sale under
securities or “blue sky” laws of any jurisdiction or the initiation of any proceeding for such
purpose.

               (d) The Company will immediately notify each Selling Holder of such Registrable Securities, at
any time when a prospectus relating thereto is required to be delivered under the Securities Act,
of (i) the Company’s receipt of any notification of the suspension of the qualification of any
Registrable Securities covered by a Resale Shelf Registration Statement for sale in any
jurisdiction; or (ii) the occurrence of an event requiring the preparation of a supplement or
amendment to such prospectus so that, as thereafter delivered to the purchasers of such Registrable
Securities, such prospectus will not contain an untrue statement of a material fact or omit to
state any material fact required to be stated therein or necessary to make the statements therein,
in light of the circumstances under which they were made, not misleading and promptly make
available to each Selling Holder of such Registrable Securities any such supplement or amendment.

               (e) The Company will otherwise use its reasonable efforts to comply with all applicable rules
and regulations of the Commission, and make available to its securityholders, as soon as reasonably
practicable, an earnings statement covering a period of 12 months, beginning within three months
after the effective date of the registration statement, which earnings statement shall satisfy the
provisions of Section 11(a) of the Securities Act and Rule 158 of the Commission promulgated
thereunder (or any successor rule or regulation hereafter adopted by the Commission), provided, however, that any such document’s availability on the Commission’s Electronic
Data Gathering Analysis and Retrieval System database (or any successor thereto) shall satisfy such
obligation.

               (f) In the case of an underwritten offering pursuant to a Resale Shelf Registration Statement,
the Company will enter into and perform its obligations under customary agreements (including an
underwriting agreement, if any, in customary form) and take such other actions as are reasonably
required in order to expedite or facilitate the disposition of the Registrable Securities
(including, to the extent reasonably requested by the lead or managing underwriters, sending
appropriate officers of the Company to attend “road shows” scheduled in reasonable number and at
reasonable times in connection with any such underwritten offering, and obtaining customary comfort
letters and legal opinions) subject to such underwritten offering.

               (g) In the case of an underwritten offering pursuant to a Resale Shelf Registration Statement,
the Company will make available for inspection by any Selling Holder of Registrable Securities
subject to such underwritten offering, any Underwriter participating in any disposition of such
Registrable Securities and any attorney, accountant or other professional retained by any such
Selling Holder or Underwriter, all financial and other records, pertinent

7

 

corporate documents and properties of the Company (collectively, the “Records”) as
shall be reasonably necessary to enable them to exercise their due diligence responsibility, and
cause the Company’s officers, directors and employees to supply all information reasonably
requested by any inspectors in connection with such registration statement, subject to entry by
each such customary confidentiality agreement in a form reasonably acceptable to the Company.

               (h) The Company will use its reasonable efforts to cause all Registrable Securities covered by
such Resale Shelf Registration Statement or Primary Shares covered by such Issuer Shelf
Registration Statement to be listed on each securities exchange on which similar securities issued
by the Company are then listed.

               (i) In addition to the Notice and Questionnaire, the Company may require each Selling Holder
of Registrable Securities to promptly furnish in writing to the Company such information regarding
such Selling Holder, the Registrable Securities held by it and the intended method of distribution
of the Registrable Securities as the Company may from time to time reasonably request and such
other information as may be legally required in connection with such registration. No Holder may
include Registrable Securities in any registration statement pursuant to this Agreement unless and
until such Holder has furnished to the Company such information. Each Holder further agrees to
furnish as soon as reasonably practicable to the Company all information required to be disclosed
in order to make information previously furnished to the Company by such Holder not materially
misleading.

               (j) Each Selling Holder agrees that, upon receipt of any notice from the Company of the
happening of any event of the kind described in Section 2.3(b) or 2.3(d) hereof or upon receipt of
a Suspension Notice, such Selling Holder will forthwith discontinue disposition of Registrable
Securities pursuant to the registration statement covering such Registrable Securities until such
Selling Holder’s receipt of written notice from the Company that such disposition may be made and,
in the case of clause (ii) of Section 2.3(d) hereof or, if applicable, Section 2.11 hereof, copies
of any supplemented or amended prospectus contemplated by clause (ii) of Section 2.3(d) hereof or,
if applicable, prepared under Section 2.11 hereof, and, if so directed by the Company, such Selling
Holder will deliver to the Company all copies, other than permanent file copies, then in such
Selling Holder’s possession, of the most recent prospectus covering such Registrable Securities at
the time of receipt of such notice. Each Selling Holder of Registrable Securities agrees that it
will immediately notify the Company at any time when a prospectus relating to the registration of
such Registrable Securities is required to be delivered under the Securities Act of the happening
of an event as a result of which information previously furnished by such Selling Holder to the
Company in writing for inclusion in such prospectus contains an untrue statement of a material fact
or omits to state any material fact required to be stated therein or necessary to make the
statements therein not misleading in light of the circumstances in which they were made.

     Section 2.4. Registration Expenses. In connection with any registration statement
required to be filed hereunder, the Company shall pay the following registration expenses incurred
in connection with the registration hereunder (the “Registration Expenses”), regardless of
whether such registration statement is declared effective by the Commission: (i) all registration
and filing fees, (ii) fees and expenses of compliance with securities or “blue sky” laws (including
reasonable fees and disbursements of counsel in connection with “blue sky”

8

 

qualifications of the Registrable Securities), (iii) printing expenses, (iv) internal expenses
(including, without limitation, all salaries and expenses of its officers and employees performing
legal or accounting duties), (v) the fees and expenses incurred in connection with the listing of
the Registrable Securities, (vi) reasonable fees and disbursements of counsel for the Company and
customary fees and expenses for independent certified public accountants retained by the Company,
including in connection with the preparation of comfort letters, and any transfer agent and
registrar fees, and (vii) the reasonable fees and expenses of any special experts retained by the
Company in connection with such registration. Except as required in this Section 2.4, the Company
shall have no obligation to pay any fees, discounts or commissions attributable to the sale of
Registrable Securities, or any out-of-pocket expenses of the Holders (or the agents who manage
their accounts) or any transfer taxes relating to the registration or sale of the Registrable
Securities.

     Section 2.5. Indemnification by the Company. The Company agrees to indemnify and hold
harmless each Selling Holder of Registrable Securities, its officers, directors, agents, partners,
members, employees, managers, advisors, sub-advisors, attorneys, representatives and Affiliates,
and each Person, if any, who controls such Selling Holder within the meaning of Section 15 of the
Securities Act or Section 20 of the Exchange Act from and against any and all losses, claims,
damages and liabilities (or actions in respect thereof) that arise out of or are based upon any
untrue statement or alleged untrue statement of a material fact contained in any registration
statement, preliminary prospectus, prospectus or free writing prospectus relating to the
Registrable Securities (in each case, as amended or supplemented if the Company shall have
furnished any amendments or supplements thereto), or that arise out of or are based upon any
omission or alleged omission to state therein a material fact required to be stated therein or
necessary to make the statements therein, in light of the circumstances under which they were made,
not misleading, except insofar as such losses, claims, damages or liabilities arise out of or are
based upon any such untrue statement or omission or alleged untrue statement or omission included
in reliance upon and in conformity with information furnished in writing to the Company by such
Selling Holder or on such Selling Holder’s behalf expressly for inclusion therein.

     Section 2.6. Indemnification by Holders of Registrable Securities. Each Selling
Holder agrees, severally but not jointly, to indemnify and hold harmless the Company, its officers,
directors, agents, employees, attorneys, representatives and Affiliates, and each Person, if any,
who controls the Company within the meaning of either Section 15 of the Securities Act or Section
20 of the Exchange Act to the same extent as the foregoing indemnity from the Company to such
Selling Holder pursuant to Section 2.5 hereof, but only with respect to information relating to
such Selling Holder included in reliance upon and in conformity with information furnished in
writing by such Selling Holder or on such Selling Holder’s behalf expressly for use in any
registration statement, preliminary prospectus, prospectus or free writing prospectus relating to
the Registrable Securities, or any amendment or supplement thereto. In case any action or
proceeding shall be brought against the Company or its officers, directors or agents or any such
controlling person, in respect of which indemnity may be sought against such Selling Holder, such
Selling Holder shall have the rights and duties given to the Company, and the Company or its
officers, directors or agents or such controlling person shall have the rights and duties given to
such Selling Holder, by Section 2.7 hereof; provided, however, that the total
obligations of such Selling Holder under this Agreement (including, but not limited to,

9

 

obligations arising under Section 2.8 hereof) will be limited to an amount equal to the net
proceeds actually received by such Selling Holder (after deducting any discounts and commissions)
from the disposition of Registrable Securities pursuant to such registration.

     Section 2.7. Conduct of Indemnification Proceedings. In case any proceeding
(including any governmental investigation) shall be instituted involving any person in respect of
which indemnity may be sought pursuant to Section 2.5 or 2.6 hereof, such person (an
“Indemnified Party”) shall promptly notify the person against whom such indemnity may be
sought (an “Indemnifying Party”) in writing and the Indemnifying Party shall assume the
defense thereof, including the employment of counsel reasonably satisfactory to such Indemnified
Party, and shall assume the payment of all fees and expenses; provided, however,
that the failure of any Indemnified Party to give such notice will not relieve such Indemnifying
Party of any obligations under this Section 2.7, except to the extent such Indemnifying Party is
materially prejudiced by such failure. In any such proceeding, any Indemnified Party shall have
the right to retain its own counsel, but the fees and expenses of such counsel shall be at the
expense of such Indemnified Party unless (i) the Indemnifying Party and the Indemnified Party shall
have mutually agreed to the retention of such counsel or (ii) representation of the Indemnified
Party by the counsel retained by the Indemnifying Party would be inappropriate due to actual or
potential differing interests between the Indemnified Party and the Indemnified Party. It is
understood that the Indemnifying Party shall not, in connection with any proceeding or related
proceedings in the same jurisdiction, be liable for the reasonable fees and expenses of more than
one separate firm of attorneys (in addition to any local counsel) at any time for all such
Indemnified Parties, and that all such fees and expenses shall be reimbursed as they are incurred.
In the case of any such separate firm for the Indemnified Parties, such firm shall be designated in
writing by (i) in the case of Persons indemnified pursuant to Section 2.5 hereof, the Selling
Holders which owned a majority of the Registrable Securities sold under the applicable registration
statement and (ii) in the case of Persons indemnified pursuant to Section 2.6 hereof, the Company.
The Indemnifying Party shall not be liable for any settlement of any proceeding effected without
its written consent, which consent shall not be unreasonably withheld, but if settled with such
consent, or if there be a final judgment for the plaintiff, the Indemnifying Party shall indemnify
and hold harmless such Indemnified Parties from and against any loss or liability (to the extent
stated above) by reason of such settlement or judgment. No Indemnifying Party shall, without the
prior written consent of the Indemnified Party, which consent shall not be unreasonably withheld,
effect any settlement of any pending or threatened proceeding in respect of which any Indemnified
Party is or could have been a party and indemnity could have been sought hereunder by such
Indemnified Party, unless such settlement includes an unconditional release of such Indemnified
Party from all liability arising out of such proceeding without any admission of liability by such
Indemnified Party.

     Section 2.8. Contribution. If the indemnification provided for in Section 2.5 or 2.6
hereof is held by a court of competent jurisdiction to be unavailable to an Indemnified Party or
insufficient in respect of any losses, claims, damages or liabilities that otherwise would have
been covered by Section 2.5 or 2.6 hereof, then each such Indemnifying Party, in lieu of
indemnifying such Indemnified Party, shall contribute to the amount paid or payable by such
Indemnified Party as a result of such losses, claims, damages or liabilities in such proportion as
is appropriate to reflect the relative fault of the Company, on the one hand, and of each Selling
Holder, on the other hand, in connection with such statements or omissions which resulted in

10

 

such losses, claims, damages or liabilities, as well as any other relevant equitable
considerations. The relative fault of the Company on the one hand and of each Selling Holder on
the other shall be determined by reference to, among other things, whether the untrue or alleged
untrue statement of a material fact or the omission or alleged omission to state a material fact
relates to information supplied by such party.

          The Company and the Selling Holders agree that it would not be just and equitable if
contribution pursuant to this Section 2.8 were determined by pro rata allocation or by any other
method of allocation which does not take account of the equitable considerations referred to in the
immediately preceding paragraph. The amount paid or payable by an Indemnified Party as a result of
the losses, claims, damages or liabilities referred to in the immediately preceding paragraph shall
be deemed to include, subject to the limitations set forth above, any legal or other expenses
reasonably incurred by such Indemnified Party in connection with investigating or defending any
such action or claim. Notwithstanding the provisions of this Section 2.8, no Selling Holder shall
be required to contribute any amount which in the aggregate exceeds the amount by which the net
proceeds actually received by such Selling Holder from the sale of its securities to the public
exceeds the amount of any damages which such Selling Holder has otherwise been required to pay by
reason of such untrue or alleged untrue statement or omission or alleged omission. No person
guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act)
shall be entitled to contribution from any person who was not guilty of such fraudulent
misrepresentation. The Selling Holder’s obligations to contribute pursuant to this Section 2.8, if
any, are several in proportion to the proceeds of the offering actually received by such Selling
Holder bears to the total proceeds of the offering received by all the Selling Holders and not
joint.

     Section 2.9. Rule 144. The Company covenants that it will (a) make and keep public
information regarding the Company available as those terms are defined in Rule 144, (b) file in a
timely manner any reports and documents required to be filed by it under the Securities Act and the
Exchange Act, (c) furnish to any Holder forthwith upon request (i) a written statement by the
Company as to its compliance with the reporting requirements of Rule 144 (at any time more than 90
days after the effective date of the registration statement for the Company’s initial public
offering), the Securities Act and the Exchange Act (at any time after it has become subject to such
reporting requirements), and (ii) a copy of the most recent annual or quarterly report of the
Company and such other reports and documents so filed by the Company, provided,
however, that any such document’s availability on the Commission’s Electronic Data
Gathering Analysis and Retrieval System database (or any successor thereto) shall satisfy such
obligation, and (d) take such further action as any Holder may reasonably request, all to the
extent required from time to time to enable Holders to sell Registrable Securities without
registration under the Securities Act within the limitation of the exemptions provided by Rule 144.

     Section 2.10. Participation in Underwritten Offerings. No Person may participate in
any underwritten offerings hereunder unless such Person (a) agrees to sell such Person’s securities
on the basis provided in any underwriting arrangements approved by the Persons entitled hereunder
to approve such arrangements and (b) completes and executes all questionnaires, powers of attorney,
indemnities, underwriting agreements and other documents reasonably required under the terms of
such underwriting arrangements and these registration rights provided for in this Article II.

11

 

     Section 2.11. Suspension of Use of Registration Statement.

               (a) If the Board of Directors of the Company determines in its good faith judgment that the
filing of a Resale Shelf Registration Statement under Section 2.1(a) hereof or the use of any
related prospectus would be materially detrimental to the Company because such action would require
the disclosure of material information that the Company has a bona fide business purpose for
preserving as confidential or the disclosure of which would materially impede the Company’s ability
to consummate a significant transaction, and that the Company is not otherwise required by
applicable securities laws or regulations to disclose, upon written notice of such determination by
the Company to the Holders which shall be signed by the Chief Executive Officer, President or any
Executive Vice President of the Company certifying thereto, the rights of the Holders to offer,
sell or distribute any Registrable Securities pursuant to a Resale Shelf Registration or to require
the Company to take action with respect to the registration or sale of any Registrable Securities
pursuant to a Resale Shelf Registration Statement shall be suspended until the earliest of (i) the
date upon which the Company notifies the Holders in writing that suspension of such rights for the
grounds set forth in this Section 2.11(a) is no longer necessary and they may resume use of the
applicable prospectus, (ii) the date upon which copies of the applicable supplemented or amended
prospectus are distributed to the Holders, and (iii) (x) up to 30 consecutive days after the notice
to the Holders if that notice is given during the Initial Period or (y) 90 consecutive days after
the notice to the Holders if that notice is given after the Initial Period; provided, that
the Company shall not be entitled to exercise any such right more than two times in any
twelve-month period or less than 30 days from the termination of the prior such suspension period;
and provided, further, that such exercise shall not prevent the Holders from being
entitled to at least 320 days of effective registration with respect to such registration statement
during each Initial Period and thereafter 210 days of effective registration with respect to such
registration statement in any 365-day period. The Company agrees to give the notice under Section
2.11(a)(i) hereof as promptly as practicable following the date that such suspension of rights is
no longer necessary.

               (b) If all reports required to be filed by the Company pursuant to the Exchange Act have not
been filed by the required date without regard to any extension, or if the consummation of any
business combination by the Company has occurred or is probable for purposes of Rule 3-05 or
Article 11 of Regulation S-X promulgated under the Securities Act or any similar successor rule,
upon written notice thereof by the Company to the Holders, the rights of the Holders to offer, sell
or distribute any Registrable Securities pursuant to a Resale Shelf Registration Statement or to
require the Company to take action with respect to the registration or sale of any Registrable
Securities pursuant to a Resale Shelf Registration Statement shall be suspended until the date on
which the Company has filed such reports or obtained and filed the financial information required
by Rule 3-05 or Article 11 of Regulation S-X to be included or incorporated by reference, as
applicable, in a Resale Shelf Registration Statement, and the Company shall use commercially
reasonable efforts to file the required reports or obtain and file the financial information
required to be included or incorporated by reference, as applicable, as promptly as commercially
practicable, and shall notify the Holders as promptly as practicable when such suspension is no
longer required.

     Section 2.12. Additional Shares. Subject to Section 2.2 hereof, the Company, at its
option, may register under a Shelf Registration Statement and any filings with any state

12

 

securities commissions filed pursuant to this Agreement, any number of unissued shares of
Common Stock or any shares of Common Stock owned by any other stockholder or stockholders of the
Company; provided, that in no event shall the inclusion of such shares on a registration
statement reduce the amount offered for the account of the Holders in any underwritten offering at
the request of the Holders pursuant to Section 2.1(c) hereof.

ARTICLE III

MISCELLANEOUS

     Section 3.1. Remedies. In addition to being entitled to exercise all rights provided
herein and granted by law, including recovery of damages, the Holders shall be entitled to specific
performance of the rights under this Agreement. The Company agrees that monetary damages would not
be adequate compensation for any loss incurred by reason of a breach by it of the provisions of
this Agreement and hereby agrees to waive the defense in any action for specific performance that a
remedy at law would be adequate.

     Section 3.2. Amendments and Waivers. The provisions of this Agreement, including the
provisions of this sentence, may not be amended, modified or supplemented, and waivers or consents
to departures from the provisions hereof may not be given, in each case without the written consent
of the Company and the Holders of a majority of the Registrable Securities (with Holders of
Exchangeable OP Units deemed to be Holders, for purposes of this Section 3.2, of the number of
shares of Common Stock into which such Exchangeable OP Units would be exchangeable for as of the
date on which consent is requested); provided, however, that the effect of any such
amendment will be that the consenting Holders will not be treated more favorably than all other
Holders (without regard to any differences in effect that such amendment or waiver may have on the
Holders due to the differing amounts of Registrable Securities held by such Holders). No failure
or delay by any party to insist upon the strict performance of any covenant, duty, agreement or
condition of this Agreement or to exercise any right or remedy consequent upon any breach thereof
shall constitute waiver of any such breach or any other covenant, duty, agreement or condition.

     Section 3.3. Notices. All notices and other communications in connection with this
Agreement shall be made in writing by hand delivery, registered first-class mail, telecopier, or
air courier guaranteeing overnight delivery:

     (1) if to any Holder, initially to the address indicated in such Holder’s Notice and
Questionnaire or, if no Notice and Questionnaire has been delivered, c/o CoreSite Realty
Corporation, 1050 17th Street, Suite 800, Denver, Colorado 80265, Attention:
Chief Executive Officer, or to such other address and to such other Persons as any Holder
may hereafter specify in writing; and

     (2) if to the Company, initially at CoreSite Realty Corporation, 1050 17th
Street, Suite 800, Denver, Colorado 80265, Attention: Chief Executive Officer, or to such
other address as the Company may hereafter specify in writing.

          All such notices and communications shall be deemed to have been duly given: at the time
delivered by hand, if personally delivered; when received, if deposited in the mail,

13

 

postage prepaid, if mailed; when receipt acknowledged, if telecopied; and on the next Business
Day, if timely delivered to an air courier guaranteeing overnight delivery.

     Section 3.4. Successors and Assigns; Assignment of Registration Rights. This
Agreement shall inure to the benefit of and be binding upon the successors, assigns and transferees
of each of the parties. Any Holder may assign its rights under this Agreement without the consent
of the Company in connection with a transfer of such Holder’s Registrable Securities;
provided, that the Holder notifies the Company of such proposed transfer and assignment and
the transferee or assignee of such rights assumes in writing the obligations of such Holder under
this Agreement.

     Section 3.5. Counterparts. This Agreement may be executed in any number of
counterparts and by the parties hereto in separate counterparts, each of which when so executed
shall be deemed to be an original and all of which taken together shall constitute one and the same
agreement. Each party shall become bound by this Agreement immediately upon affixing its signature
hereto.

     Section 3.6. Governing Law. This Agreement shall be governed by and construed in
accordance with the internal laws of New York, including, without limitation, Section 5-1401 of the
New York General Obligations Law.

     Section 3.7. Severability. In the event that any one or more of the provisions
contained herein, or the application thereof in any circumstance, is held invalid, illegal or
unenforceable, the validity, legality and enforceability of any such provision in every other
respect and of the remaining provisions contained herein shall not be affected or impaired thereby.

     Section 3.8. Entire Agreement. This Agreement is intended by the parties as a final
expression of their agreement and intended to be a complete and exclusive statement of the
agreement and understanding of the parties hereto in respect of the subject matter contained
herein. There are no restrictions, promises, warranties or undertakings, other than those set
forth or referred to herein with respect to the registration rights granted by the Company with
respect to the Registrable Securities. This Agreement supersedes all prior agreements and
understandings between the parties with respect to such subject matter.

     Section 3.9. Headings. The headings in this Agreement are for convenience of
reference only and shall not limit or otherwise affect the meaning hereof.

     Section 3.10. Termination. The obligations of the parties hereunder shall terminate
with respect to a Holder when it no longer holds Registrable Securities and with respect to the
Company upon the end of the Effectiveness Period with respect to any Issuer Shelf Registration
Statement and with respect to Resale Shelf Registration Statement when there are no longer
Registrable Securities with respect to a Resale Shelf Registration Statement, except, in each case,
for any obligations under Sections 2.1(d), 2.4, 2.5, 2.6, 2.7, 2.8 and Article III hereof.

     Section 3.11. Waiver of Jury Trial. The parties hereto (including any Initial Holder
and any subsequent Holder) irrevocably waive any right to a trial by jury.

14

 

[SIGNATURE PAGE FOLLOWS]

15

 

          IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first written
above.

	 	 	 	 	 	 	 

	 	 	CORESITE REALTY CORPORATION
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 
	 
	 	 	 	 	 	 
	 	 	HOLDERS LISTED ON SCHEDULE I HERETO
	 
	 	 	 	 	 	 
	 	 	[                                        ]
	 
	 	 	 	 	 	 
	 

	 	By:	 	 	 	 
	 

	 	 	 	 	 	 
	 

	 	Name:	 	 	 	 
	 

	 	Title:	 	 	 	 
	 	 	As Attorney-in-Fact acting on behalf of each of the

Holders named on Schedule I hereto

16

 

SCHEDULE I

 

 

EXHIBIT A

CORESITE REALTY CORPORATION

FORM OF NOTICE AND QUESTIONNAIRE

          The undersigned beneficial holder of shares of common stock, par value $0.01 per share
(“Common Stock”), of CoreSite Realty Corporation (the “Company”) and/or units of limited
partnership interests (“OP Units” and, together with the Common Stock, the “Registrable
Securities”) of CoreSite, L.P. (the “Operating Partnership”), understands that the Company has
filed or intends to file with the Securities and Exchange Commission (the “SEC”) one or more
registration statements (collectively, the “Resale Shelf Registration Statement”) for the
registration and resale under Rule 415 of the Securities Act of 1933, as amended (the “Securities
Act”), of the Registrable Securities in accordance with the terms of the Registration Rights
Agreement (the “Registration Rights Agreement”), dated [___], 2010, among the Company and the
holders listed on Schedule I thereto. A copy of the Registration Rights Agreement is available
from the Company upon request at the address set forth below. All capitalized terms not otherwise
defined herein shall have the meanings ascribed thereto in the Registration Rights Agreement.

          Each beneficial owner of Registrable Securities is entitled to the benefits of the
Registration Rights Agreement. In order to sell or otherwise dispose of any Registrable Securities
pursuant to the Resale Shelf Registration Statement, a beneficial owner of Registrable Securities
generally will be required to be named as a selling security holder in the related prospectus,
deliver a prospectus to purchasers of Registrable Securities and be bound by those provisions of
the Registration Rights Agreement applicable to such beneficial owner (including certain
indemnification provisions as described below). To be included in the Resale Shelf Registration
Statement, this Notice and Questionnaire must be completed, executed and delivered to the Company
at the address set forth herein on or prior to the tenth business day before the effectiveness of
the Resale Shelf Registration Statement. We will give notice of the filing and effectiveness of
the initial Resale Shelf Registration Statement by issuing a press release and by mailing a notice
to the holders at their addresses set forth in the register of the registrar.

          Beneficial owners that do not complete this Notice and Questionnaire and deliver it to the
Company as provided below will not be named as selling security holders in the prospectus and
therefore will not be permitted to sell any Registrable Securities pursuant to the Resale Shelf
Registration Statement. Beneficial owners are encouraged to complete and deliver this Notice and
Questionnaire prior to the effectiveness of the initial Resale Shelf Registration Statement so that
such beneficial owners may be named as selling security holders in the related prospectus at the
time of effectiveness. Upon receipt of a completed Notice and Questionnaire from a beneficial
owner following the effectiveness of the initial Resale Shelf Registration Statement, in accordance
with the Registration Rights Agreement, the Company will file such amendments to the initial Resale
Shelf Registration Statement or additional shelf registration statements or supplements to the
related prospectus as are necessary to permit such holder to deliver such prospectus to purchasers
of Registrable Securities.

 

 

          Certain legal consequences arise from being named as selling security holders in the Resale
Shelf Registration Statement and the related prospectus. Accordingly, holders and beneficial
owners of Registrable Securities are advised to consult their own securities law counsel regarding
the consequences of being named or not being named as a selling security holder in the Resale Shelf
Registration Statement and the related prospectus.

NOTICE

          The undersigned beneficial owner (the “Selling Security Holder”) of Registrable Securities
hereby elects to include in the prospectus forming a part of the Resale Shelf Registration
Statement the Registrable Securities beneficially owned by it and listed below in Item 3 (unless
otherwise specified under Item 3). The undersigned, by signing and returning this Notice and
Questionnaire, understands that it will be bound by the terms and conditions of this Notice and
Questionnaire and the Registration Rights Agreement.

          Pursuant to the Registration Rights Agreement, the undersigned has agreed to indemnify and
hold harmless the Company and its directors, officers and each person, if any, who controls the
Company within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange
Act, from and against certain losses arising in connection with statements concerning the
undersigned made in the Resale Shelf Registration Statement or the related prospectus in reliance
upon the information provided in this Notice and Questionnaire.

          The undersigned hereby provides the following information to the Company and represents and
warrants to the Company that such information is accurate and complete:

QUESTIONNAIRE

	 	 	 	 	 

	1.

	 	(a)
	 	Full Legal Name of Selling Security Holder:
	 
	 	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 

	 	(b)
	 	Full Legal Name of registered holder (if not the same as (a) above)
through which Registrable
Securities listed in Item (3) below are held:
	 
	 	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 

	 	(c)
	 	Full Legal Name of DTC Participant (if applicable and if not the same
as (b) above) through which Registrable Securities listed in Item (3)
below are held:
	 
	 	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 

	 	(c)
	 	List below the individual or individuals who exercise voting and/or
dispositive powers with
respect to the Registrable Securities listed in Item (3) below:
	 
	 	 	 	 
	 

	 	 	 	 

 

 

	 	 	 	 	 

	2.	 	Address for Notices to Selling Security Holder:
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	Telephone:
	 	 	 

	 
	 	 	 	 
	 	 	Fax:
	 	 	 

	 
	 	 	 	 
	 	 	E-mail address:
	 	 	 

	 
	 	 	 	 
	 	 	Contact Person:
	 	 	 

	 
	 	 	 	 
	3.	 	Beneficial Ownership of Registrable Securities:
	 
	 	 	 	 
	 	 	Type of Registrable Securities beneficially owned, and number of shares of
Common Stock and/or OP Units, as the case may be, beneficially owned:
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	4.	 	Beneficial Ownership of Securities of the Company Owned by the Selling
Security Holder:
	 
	 	 	 	 
	 	 	Except as set forth below in this Item (4), the undersigned is not the
beneficial or registered owner of any securities of the Company, other
than the Registrable Securities listed above in Item (3).
	 
	 	 	 	 
	 	 	Type and amount of other securities beneficially owned by the Selling
Security Holder:
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	5.	 	Relationship with the Company
	 
	 	 	 	 
	 	 	Except as set forth below, neither the undersigned nor any of its
affiliates, officers, directors or principal equity holders (5% or more)
has held any position or office or has had any other material relationship
with the Company (or its predecessors or affiliates) during the past three
years.
	 
	 	 	 	 
	 	 	State any exceptions here:
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	6.	 	Plan of Distribution
	 
	 	 	 	 
	 	 	Except as set forth below, the undersigned (including its donees or
pledgees) intends to distribute the Registrable Securities listed above in
Item (3) pursuant to the Resale Shelf

 

 

	 	 	 	 	 

	 	 	Registration Statement only as
follows and will not be offering any of such Registrable Securities
pursuant to an agreement, arrangement or understanding entered into with a
broker or dealer prior to the effective date of the Resale Shelf
Registration Statement. Such Registrable Securities may be sold from time
to time directly by the undersigned or, alternatively, through
underwriters or broker-dealers or agents. If the Registrable Securities
are sold through underwriters or broker-dealers, the Selling Security
Holder will be responsible for underwriting discounts or commissions or
agent’s commissions. Such Registrable Securities may be sold in one or
more transactions at fixed prices, at prevailing market prices at the time
of sale, at varying prices determined at the time of sale, or at
negotiated prices. Such sales may be effected in transactions (which may
involve crosses or block transactions)
	 
	 	 	 	 
	 

	 	(i)
	 	on any national securities exchange or quotation service on which the
Registrable Securities
may be listed or quoted at the time of sale;
	 
	 	 	 	 
	 

	 	(ii)
	 	in the over-the-counter market;
	 
	 	 	 	 
	 

	 	(iii)
	 	in transactions otherwise than on such exchanges or services or in
the over-the-counter market;
or
	 
	 	 	 	 
	 

	 	(iv)
	 	through the writing of options.
	 
	 	 	 	 
	 	 	In connection with sales of the Registrable Securities or otherwise, the
undersigned may enter into hedging transactions with broker-dealers, which
may in turn engage in short sales of the Registrable Securities and
deliver Registrable Securities to close out such short positions, or loan
or pledge Registrable Securities to broker-dealers that in turn may sell
such securities.
	 
	 	 	 	 
	 	 	State any exceptions here:
	 
	 	 	 	 
	 	 	 
	 
	 	 	 	 
	 	 	 

			
	Note:	 	In no event may such method(s) of distribution take the form of an underwritten
offering of the Registrable Securities without the prior written agreement of the Company.

ACKNOWLEDGEMENTS

          The undersigned acknowledges that it understands its obligation to comply with the provisions
of the Securities Exchange Act of 1934, as amended, and the rules thereunder relating to stock
manipulation, particularly Regulation M thereunder (or any successor rules or regulations), in
connection with any offering of Registrable Securities pursuant to the

 

 

Registration Rights Agreement. The undersigned agrees that neither it nor any person acting
on its behalf will engage in any transaction in violation of such provisions.

          The Selling Security Holder hereby acknowledges its obligations under the Registration Rights
Agreement to indemnify and hold harmless certain persons set forth therein. Pursuant to the
Registration Rights Agreement, the Company has agreed under certain circumstances to indemnify the
Selling Security Holders against certain liabilities.

          In accordance with the undersigned’s obligation under the Registration Rights Agreement to
provide such information as may be required by law for inclusion in the Resale Shelf Registration
Statement, the undersigned agrees to promptly notify the Company of any inaccuracies or changes in
the information provided herein that may occur subsequent to the date hereof at any time while the
Resale Shelf Registration Statement remains effective. All notices hereunder and pursuant to the
Registration Rights Agreement shall be made in writing at the address set forth below.

          In the event that the undersigned transfers all or any portion of the Registrable Securities
listed in Item 3 above after the date on which such information is provided to the Company, the
undersigned agrees to notify the transferee(s) at the time of transfer of its rights and
obligations under this Notice and Questionnaire and the Registration Rights Agreement.

          By signing this Notice and Questionnaire, the undersigned consents to the disclosure of the
information contained herein in its answers to Items (1) through (6) above and the inclusion of
such information in the Resale Shelf Registration Statement and the related prospectus. The
undersigned understands that such information will be relied upon by the Company in connection with
the preparation or amendment of the Resale Shelf Registration Statement and the related prospectus.

          Once this Notice and Questionnaire is executed by the Selling Security Holder and received by
the Company, the terms of this Notice and Questionnaire and the representations and warranties
contained herein shall be binding on, shall insure to the benefit of and shall be enforceable by
the respective successors, heirs, personal representatives and assigns of the Company and the
Selling Security Holder with respect to the Registrable Securities beneficially owned by such
Selling Security Holder and listed in Item 3 above.

          This Notice and Questionnaire shall be governed by, and construed in accordance with, the laws
of the State of New York.

          IN WITNESS WHEREOF, the undersigned, by authority duly given, has caused this Notice and
Questionnaire to be executed and delivered either in person or by its duly authorized agent.

	 	 	 	 	 
	 	Beneficial Owner

 	 
	 	By  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Dated:

 

 

Please return the completed and executed Notice and Questionnaire to:

CoreSite Realty Corporation

1050 17th Street, Suite 800

Denver, Colorado 80265

Tel: (303) 405-5500

Fax: (303) 405-1011

Attention: Chief Executive Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00178-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00178-of-00352.parquet"}]]