Document:

Second Amendment to Employment Agreement - A. William Stein

 Exhibit 10.21 

SECOND AMENDMENT TO EMPLOYMENT AGREEMENT 

THIS SECOND AMENDMENT TO EMPLOYMENT AGREEMENT (this “Second Amendment”), is entered into as of June 9, 2010, by and
between Digital Realty Trust, Inc. (the “REIT”) and DLR, LLC (the “Employer” and together with the REIT, the “Company”), and A. William Stein ( “Executive”). Capitalized terms used
and not otherwise defined herein shall have the meanings ascribed to such terms in the Employment Agreement (as defined below). 

WHEREAS, the Company and Executive have entered into that certain Employment Agreement, dated as of August 7, 2008, as amended by
the First Amendment to Employment Agreement, dated as of December 24, 2008 (collectively, as amended, the “Employment Agreement”), which sets forth the terms and conditions of Executive’s employment by the Company; and

 WHEREAS, the Company and Executive desire to amend the Employment Agreement as set forth in this Second Amendment.

 NOW, THEREFORE, in consideration of the premises set forth herein and for other good and valuable consideration, the receipt
and adequacy of which is hereby acknowledged, the Company and Executive hereby amend the Employment Agreement as follows, effective as of the date first above written: 

1. Section 4 of the Employment Agreement is hereby amended and restated in its entirety as follows: 

“4. ANNUAL BONUS. In addition to the base salary set forth above, during the Term, you will be eligible
to participate in the Company’s incentive bonus plan applicable to similarly situated executives of the Company. The amount of your annual bonus will be based on the attainment of performance criteria established and evaluated by the Company in
accordance with the terms of such bonus plan as in effect from time to time, provided that, subject to the terms of such bonus plan and attainment of performance criteria established by the Company, your target annual bonus shall be 100% of your
base salary actually paid for such year. Any annual bonus that becomes payable to you is intended to satisfy the short-term deferral exemption under Treasury Regulation Section 1.409A-1(b)(4) and shall be made not later than the last day of the
applicable two and one-half (2  1/2) month
“short-term deferral period” with respect to such annual bonus, within the meaning of Treasury Regulation Section 1.409A-1(b)(4).” 

2. This Second Amendment shall be and is hereby incorporated in and forms a part of the Employment Agreement. 

3. Except as amended and set forth herein, the Employment Agreement shall continue in full force and effect. 

[Signature Page Follows] 

 IN WITNESS WHEREOF, this Second Amendment has been executed and delivered by the parties
hereto. 
  

			
	DIGITAL REALTY TRUST, INC.
	  
 By:
	 	  
 /s/ Michael F. Foust

	 Name:
	 	Michael F. Foust
	 Title:
	 	Chief Executive Officer
	  
 DLR, LLC

	  
 By:
	 	  
 Digital Realty, L.P.

	 Its:
	 	Managing Member
	  
 By:
	 	  
 /s/ Michael F. Foust

	 Name:
	 	Michael F. Foust
	 Title:
	 	Chief Executive Officer

  

	
	EXECUTIVE
	  
 /s/ A. William Stein

  

	A. William SteinSecond Amendment to Employment Agreement - Christopher J. Crosby

 Exhibit 10.23 

SECOND AMENDMENT TO EMPLOYMENT AGREEMENT 

THIS SECOND AMENDMENT TO EMPLOYMENT AGREEMENT (this “Second Amendment”), is entered into as of June 9, 2010, by and
between Digital Realty Trust, Inc. (the “REIT”) and DLR, LLC (the “Employer” and together with the REIT, the “Company”), and Christopher J. Crosby ( “Executive”). Capitalized terms
used and not otherwise defined herein shall have the meanings ascribed to such terms in the Employment Agreement (as defined below). 

WHEREAS, the Company and Executive have entered into that certain Employment Agreement, dated as of August 7, 2008, as amended by
the First Amendment to Employment Agreement, dated as of December 24, 2008 (collectively, as amended, the “Employment Agreement”), which sets forth the terms and conditions of Executive’s employment by the Company; and

 WHEREAS, the Company and Executive desire to amend the Employment Agreement as set forth in this Second Amendment.

 NOW, THEREFORE, in consideration of the premises set forth herein and for other good and valuable consideration, the receipt
and adequacy of which is hereby acknowledged, the Company and Executive hereby amend the Employment Agreement as follows, effective as of the date first above written: 

1. Section 4 of the Employment Agreement is hereby amended and restated in its entirety as follows: 

“4. ANNUAL BONUS. In addition to the base salary set forth above, during the Term, you will be eligible
to participate in the Company’s incentive bonus plan applicable to similarly situated executives of the Company. The amount of your annual bonus will be based on the attainment of performance criteria established and evaluated by the Company in
accordance with the terms of such bonus plan as in effect from time to time, provided that, subject to the terms of such bonus plan and attainment of performance criteria established by the Company, your target annual bonus shall be 75% of your base
salary actually paid for such year. Any annual bonus that becomes payable to you is intended to satisfy the short-term deferral exemption under Treasury Regulation Section 1.409A-1(b)(4) and shall be made not later than the last day of the
applicable two and one-half (2 1/2) month “short-term
deferral period” with respect to such annual bonus, within the meaning of Treasury Regulation Section 1.409A-1(b)(4).” 

2. This Second Amendment shall be and is hereby incorporated in and forms a part of the Employment Agreement. 

3. Except as amended and set forth herein, the Employment Agreement shall continue in full force and effect. 

[Signature Page Follows] 

 IN WITNESS WHEREOF, this Second Amendment has been executed and delivered by the parties
hereto. 
  

			
	DIGITAL REALTY TRUST, INC.
		
	By:	 	/s/ Michael F. Foust
	 Name:
 Title:
	 	 Michael F. Foust
 Chief
Executive Officer

			
	
	DLR, LLC
		
	By:	 	Digital Realty, L.P.
	Its:	 	Managing Member

			
	
	
		
	By:	 	/s/ Michael F. Foust
	 Name:
 Title:
	 	 Michael F. Foust
 Chief
Executive Officer

  

	
	EXECUTIVE
	
	/s/ Christopher J. Crosby
	
	  
	Christopher J. CrosbyAmendment No. 3 to Revolving Credit Agreement

 Exhibit 10.26 

AMENDMENT NO. 3 TO THE 

REVOLVING CREDIT AGREEMENT 

Dated as of June 28, 2010 

AMENDMENT NO. 3 TO THE REVOLVING CREDIT AGREEMENT (this “Amendment”) among Digital Realty Trust, L.P. (the
“Borrower”); Citicorp North America, Inc. (“CNAI”), as administrative agent (the “Administrative Agent”), and the financial institutions party to the Credit Agreement referred
to below (collectively, the “Lender Parties”). 
 PRELIMINARY STATEMENTS: 

(1)    The Borrower, Digital Realty Trust, Inc. (the “Parent Guarantor”), the subsidiaries of
the Borrower party thereto, the Lenders from time to time party thereto, the other Lender Parties, the Administrative Agent and the Syndication Agent have entered into a Revolving Credit Agreement dated as of August 31, 2007 (as amended prior
to the date hereof, the “Credit Agreement”). Capitalized terms not otherwise defined in this Amendment have the same meanings as specified in the Credit Agreement. 

(2)    The Borrower, the Administrative Agent and the Required Lenders have agreed to amend the Credit Agreement on
the terms and subject to the conditions hereinafter set forth. 
 SECTION 1.    Amendments to Credit
Agreement. The Credit Agreement is, upon the occurrence of the Amendment Effective Date (as defined in Section 4 below), hereby amended as follows: 

(a)    Section 1.01 of the Credit Agreement is hereby amended by adding thereto the following
new definitions in their appropriate alphabetical order: 
 “Amendment No. 3” shall
mean that certain Amendment No. 3 to the Revolving Credit Agreement dated as of June 28, 2010. 

“Excess France Value” has the meaning specified in the definition of “Total Unencumbered
Asset Value”. 
 “Excess International Value” has the meaning specified in the
definition of “Total Unencumbered Asset Value”. 
 “Excess Singapore/Spain
Value” has the meaning specified in the definition of “Total Unencumbered Asset Value”. 

“French Guarantor” has the meaning specified in Section 7.09(c)(i). 

“International Jurisdiction” shall mean any of the jurisdictions of Australia, Canada, France,
Ireland, the Netherlands, Spain, Singapore, England or Wales. 
 “Qualified French Intercompany
Loan” has the meaning specified in Section 7.09(c)(ii). 
 “Withholding Tax
Adjustment” means, with respect to any Unencumbered Asset located in a Withholding Tax Jurisdiction, a reduction of the Asset Value of the 

 
Unencumbered Asset by a percentage equal to the withholding tax rate applicable in such jurisdiction to the making of interest payments on Debt to lenders domiciled in the United States of
America as calculated by the Borrower, to the satisfaction of the Administrative Agent, and reported to the Administrative Agent on a quarterly basis pursuant to Section 5.03(c). 

“Withholding Tax Jurisdiction” means any International Jurisdiction as to which local counsel
retained by the Administrative Agent in such jurisdiction have been unable to confirm that the taxing authorities in such jurisdiction would not impose withholding taxes on payments made by the Guarantors domiciled in such International Jurisdiction
in respect of Guaranteed Obligations to Lenders domiciled in the United States of America. As of the effective date of Amendment No. 3, of the identified International Jurisdictions, the jurisdictions of Singapore and Spain comprise Withholding
Tax Jurisdictions. 
 (b)    Section 1.01 of the Credit Agreement is hereby amended by
deleting the following definition “Excess Canada Value”. 

(c)    The definition of “Applicable Margin” set forth in Section 1.01
of the Credit Agreement is hereby amended by replacing the “<” symbol appearing in the Leverage Ratio column of Pricing Level VII with the “£” symbol. 

(d)    The definition of “Excluded Subsidiary” set forth in Section 1.01
of the Credit Agreement is hereby amended by adding “that is not a Guarantor” at the end of such definition immediately prior to the period. 

(e)    The definition of “Total Unencumbered Asset Value” set forth in
Section 1.01 of the Credit Agreement is hereby amended and restated as follows: 
 “Total
Unencumbered Asset Value” means an amount equal to the sum of the Asset Values of all Unencumbered Assets; provided, however, that, if at any time (a) there shall be fewer than three Unencumbered Assets, (b) the sum of
the Asset Values of all Unencumbered Assets shall not be equal to or greater than $115,000,000 or (c) the weighted average occupancy of all Unencumbered Assets (other than Development Assets and Redevelopment Assets) shall not be greater than
or equal to 80%, the Total Unencumbered Asset Value shall be zero; provided further that (x) the portion of Total Unencumbered Asset Value attributable to Unencumbered Assets located in Singapore and Spain shall not exceed 10% of the
Total Unencumbered Asset Value (the amount by which the sum of the Asset Values attributable to Unencumbered Assets located in Singapore and Spain exceeds such percentage being the “Excess Singapore/Spain Value”),
(y) the portion of Total Unencumbered Asset Value attributable to Unencumbered Assets located in France shall not exceed the sum of all Qualified French Intercompany Loans (the amount by which the sum of the Asset Values attributable to
Unencumbered Assets located in France exceeds such sum being the “Excess France Value”), and (z) the Unencumbered Asset Value of each Unencumbered Asset located in a Withholding Tax Jurisdiction shall be subject to the
Withholding Tax Adjustment; provided still further that (1) the portion of Total Unencumbered Asset Value attributable to Unencumbered Assets located in International Jurisdictions (following the adjustments described in preceding
provisos) shall not exceed 25% of the Total Unencumbered Asset Value (the amount by which the sum of the Asset Values attributable to Unencumbered Assets located in International Jurisdictions (following the adjustments described in the preceding
provisos) exceeds such percentage being the “Excess International Value”); 
  

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and (2) if the sum of the Asset Values of all Unencumbered Assets comprised of Redevelopment Assets and Development Assets (provided that the portion of such combined total sum
arising from Unencumbered Assets comprised of Development Assets shall not exceed 10% of the Total Unencumbered Asset Value) shall exceed 33% of the Total Unencumbered Asset Value, then Total Unencumbered Asset Value shall be reduced by the amount
of such excess (“Excess Redevelopment and Development Value”). 

(f)    The definition of “Unencumbered Asset Conditions” set forth in
Section 1.01 of the Credit Agreement is hereby amended by (i) deleting clause (a) in its entirety and substituting the following therefor: “(a) an Office Asset, Redevelopment Asset or Development Asset located in the United
States of America or an International Jurisdiction,”, (ii) deleting the word “and” at the end of subsection (j) thereof and (iii) adding thereto the following immediately after subsection (k) thereof: 

“, (l) in the case of ownership by a Guarantor domiciled in an International Jurisdiction the applicable law of which prohibits
financial assistance of subsidiaries to their parents, either (i) indirect ownership of such Asset was not acquired by the Borrower through the purchase of, or subscription to, Equity Interests in such Guarantor or through the purchase of, or
subscription to, other instruments giving the right to purchase Equity Interests in such Guarantor, or (ii) any applicable white-wash procedures have been completed to the satisfaction of the Administrative Agent and its local counsel in such
International Jurisdiction, and (m) in the case of ownership by a Guarantor domiciled in France, such Guarantor is the borrower under a Qualified French Intercompany Loan documented in form and substance reasonably satisfactory to the
Administrative Agent.” 
 (g)    Clause (A) of Section 5.01(j)(iii) of the
Credit Agreement is hereby amended by (i) deleting the word “and” at the end of subparagraph (5) thereof, (ii) deleting the semi-colon at the end of subparagraph (6) thereof and substituting “, and” therefor,
and (iii) adding thereto the following new subparagraph (7) immediately prior to the proviso following subparagraph (6) thereof: 

“(7) in the case of any Proposed Unencumbered Asset described in clause (l) or (m) of the defined term
“Unencumbered Asset Conditions”, documentation in reasonable detail of the satisfaction of the condition described in such subsection.” 

(h)    The following new Section 5.02(p) is hereby added to the Credit Agreement immediately
following Section 5.02(o) thereof: 
 (p)    Repayment of Qualified French
Intercompany Loans. Pay, prepay, terminate or otherwise retire any Qualified French Intercompany Loan without the prior written approval of the Administrative Agent. 

(i)    Section 5.03(c) is hereby amended by (i) inserting “(x)” at the end of the
phrase “a certificate of said officer stating that” appearing in clause (i) thereof and (ii) adding the following immediately after clause (i) thereof: 

“(y) setting forth the withholding tax rate applicable in such jurisdiction to the making of interest payments on Debt to lenders
domiciled in the United States of America in all Withholding Tax Jurisdictions, and” 
  

 3 

 (j)    The following new Section 7.09 is hereby
added to the Credit Agreement immediately following Section 7.08 thereof: 
 SECTION
7.09.    Guaranty Limitations. Any guaranty provided by a Foreign Subsidiary domiciled in an International Jurisdiction shall be subject to the following limitations: 

(a)    Australia: The liability of any Guarantor incorporated under the Corporations Act 2001
(Commonwealth of Australia) under this Article VII and under any indemnities contained elsewhere in this Agreement will not include any liability or obligation which would, if included, result in a contravention of s260A of the Corporations Act
2001 (Cth). Any such Guarantor shall promptly take, and procure that its relevant holding companies take, all steps necessary under s260B of the Corporations Act 2001 (Cth) so as to permit the inclusion of any liability or obligation excluded
under the previous sentence. 
 (b)    Canada: The liability of any Guarantor
incorporated under the laws of Canada, other than Alberta or Ontario, thereof under this Article VII and under any indemnities contained elsewhere in this Agreement shall not include any liability of any Loan Party which is a shareholder of the
Guarantor or of an affiliated corporation or an associate of any such Person where there are reasonable grounds for believing: 

(i)    that such Guarantor is or, after giving the financial assistance, would be unable to pay its
liabilities as they become due; or 
 (ii)    that the realizable value of such
Guarantor’s assets, excluding the amount of any financial assistance in the form of a loan or in the form of assets pledged or encumbered to secure the Guaranty, after giving the financial assistance, would be less than the aggregate of such
Guarantor’s liabilities and stated capital of all classes. 
 (c)    France:
(i) The liability of any Guarantor incorporated under the laws of France (a “French Guarantor”) under this Article VII and under any indemnities contained elsewhere in this Agreement shall not include any obligation or
liability which, if incurred, would constitute the provision of financial assistance within the meaning of Article L.255 216 of the French Code de Commerce or/and would constitute a misuse of corporate assets within the meaning of Article L.241 3 or
L.242 6 of the French Code de Commerce or any other law or regulation having the same effect, as interpreted by the French courts. 

(ii)    The Guaranteed Obligations of each French Guarantor under this Article VII shall be limited
at any time to an amount equal to the aggregate of all Advances to the extent directly or indirectly on-lent to such French Guarantor under an intercompany loan agreement (each a “Qualified French Intercompany Loan”) and
outstanding at the date a payment is made by such French Guarantor under this Article VII, it being specified that any payment made by such French Guarantor under this Article VII in respect of the Guaranteed Obligations shall reduce pro

  

 4 

 
tanto the outstanding amount of the applicable Intercompany Loan due by such French Guarantor. 

(iii)    It is acknowledged that such French Guarantor is not acting jointly and severally with the
other Guarantors and shall not be considered as co-débiteur solidaire as to its obligations pursuant to the guarantee given pursuant to this Article VIII . 

(d)    Ireland: The liability of each Guarantor incorporated under the laws of Ireland under
this Article VII and under any indemnities contained elsewhere in this Agreement shall not include any liability or obligation which would, if incurred, constitute the provision of unlawful financial assistance within the meaning of section 60 of
the Companies Act 1963 of Ireland (as amended). 
 (e)    The Netherlands: No
Guarantor incorporated under the laws of The Netherlands or any Guarantor which is a direct or indirect Subsidiary of a company incorporated under the laws of the Netherlands shall have any liability pursuant to this Article VII to the extent that
the same would constitute unlawful financial assistance within the meaning of Section 2:207(c) or 2:98(c) of the Dutch Civil Code. 

(f)    Singapore: The liability of each Guarantor incorporated under the laws of Singapore
under this Article VII and under any indemnities contained elsewhere in this Agreement shall not include any liability which would if incurred constitute unlawful financial assistance pursuant to Section 76 of the Singapore Companies Act (Cap.
50). 
 (g)    Spain: The liability of each Guarantor incorporated under the laws of
Spain under this Article VII and under any indemnities contained elsewhere in this Agreement shall not include any obligations which would give rise to breach of the provisions of Spanish law relating to restrictions on the provision of financial
assistance in connection with the acquisition of shares in the relevant Spanish Loan Party and/or its controlling corporation (or, in the case of a Spanish Loan Party which is a Sociedad Limitada, of a group company in the same group as such Spanish
obligor) as provided in Article 81 of the Spanish Stock Companies Act, (Ley de Sociedad Anonima) and Article 40.5 of the Spanish Limited Liability Partnerships Act, (Ley de Sociedad de Responsibilidad Limitada), as applicable. The
obligations of each Guarantor incorporated under the laws of Spain under this Article VII shall be capable of enforcement in accordance with applicable law against all present and future assets of such Guarantor save to the extent that applicable
Spanish law specifies otherwise. 
 (h)    England and Wales: The liability of each
Guarantor, which is a public limited company, (and each Guarantor that is a subsidiary of a public limited company) incorporated under the laws of England and Wales under this Article VII and under any indemnities contained elsewhere in this
Agreement shall not include any liability or obligation which would, if incurred, constitute the provision of unlawful financial assistance within the meaning of sections 677 to 683 of the Companies Act 2006 of England and Wales; provided,
however, that the foregoing limitation shall not be applicable to any Guarantor 
  

 5 

 
incorporated under the laws of England and Wales that is not a public limited company or the subsidiary of a company that is a public limited company. 

(k)    Exhibit E to the Credit Agreement is hereby amended and restated in its entirety with Exhibit
E attached hereto. 
 SECTION 2.    Representations and Warranties. The Borrower hereby represents
and warrants that the representations and warranties contained in each of the Loan Documents (as amended or supplemented to date, including pursuant to this Amendment) are true and correct on and as of the Amendment Effective Date (defined below),
before and after giving effect to this Amendment (including, without limitation, the representation and warranty set forth in Section 4.01(g) of the Credit Agreement, as amended by this Amendment), as though made on and as of such date (except
for any such representation and warranty that, by its terms, refers to an earlier date, in which case as of such earlier date). 

SECTION 3.    Conditions of Effectiveness. This Amendment shall become effective as of the first date (the
“Amendment Effective Date”) on which, and only if, each of the following conditions precedent shall have been satisfied: 

(a)    The Administrative Agent shall have received (i) counterparts of this Amendment executed
by the Borrower, the Administrative Agent and all consenting Lenders (including, at a minimum, those Lenders comprising Required Lenders) or, as to any of such Lenders, advice satisfactory to the Administrative Agent that such Lender has executed
this Amendment, and (ii) the consent attached hereto (the “Consent”) executed by each of the Guarantors. 

(b)    The representations and warranties set forth in each of the Loan Documents shall be correct in
all material respects on and as of the Amendment Effective Date, before and after giving effect to this Amendment, as though made on and as of such date (except for any such representation and warranty that, by its terms, refers to a specific date
other than the Amendment Effective Date, in which case as of such specific date). 

(c)    No event shall have occurred and be continuing, or shall result from the effectiveness of this
Amendment, that constitutes a Default. 
 (d)    All of the fees and expenses of the
Administrative Agent (including the reasonable fees and expenses of counsel for the Administrative Agent) due and payable on the Amendment Effective Date shall have been paid in full. 

(e)    The Administrative Agent shall have received payment in full of an amendment fee equal to
0.05% of the sum of the Commitments of those Lenders that have executed and delivered to the Administrative Agent a signature page to this Amendment prior to 5:00 p.m. New York time on June 28, 2010, which fee shall be for the ratable benefit
of such Lenders. 
 The effectiveness of this Amendment is conditioned upon the accuracy of the factual matters described
herein. This Amendment is subject to the provisions of Section 9.01 of the Credit Agreement. 

SECTION 4.    Reference to and Effect on the Loan Documents. (a) On and after the effectiveness of
this Amendment, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, and each reference in each of the other Loan Documents to
“the Credit Agreement”, “thereunder”, “thereof” or words of like 
  

 6 

 
import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement, as amended by this Amendment. 

(b)    The Credit Agreement, as specifically amended by this Amendment, is and shall continue to be
in full force and effect and is hereby in all respects ratified and confirmed. 
 (c)    The
execution, delivery and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of any Lender or the Administrative Agent under any of the Loan Documents, nor constitute a waiver of any provision of any of the
Loan Documents. 
 SECTION 5.    Costs and Expenses. The Borrower agrees to pay on demand all
reasonable out-of-pocket costs and expenses of the Administrative Agent in connection with the preparation, execution, delivery and administration, modification and amendment of this Amendment and the other instruments and documents to be delivered
hereunder (including, without limitation, the reasonable fees and expenses of counsel for the Administrative Agent) in accordance with the terms of Section 9.04 of the Credit Agreement. 

SECTION 6.    Execution in Counterparts. This Amendment may be executed in any number of counterparts and by
different 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 but one and the same agreement. Delivery of an executed counterpart of a signature
page to this Amendment by facsimile shall be effective as delivery of a manually executed counterpart of this Amendment. 

SECTION 7.    Governing Law. This Amendment shall be governed by, and construed in accordance with, the laws
of the State of New York. 
 [Balance of page intentionally left blank.] 

 

 7 

 IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their
respective officers thereunto duly authorized, as of the date first above written. 
  

							
	BORROWER:
	
	DIGITAL REALTY TRUST, L.P.
		
	By:	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

			
		 	By	 	 /s/ A. William Stein

		 		 	Name:	 	A. William Stein
		 		 	Title:	 	Chief Financial Officer & Chief Investment Officer

  

 Signature Page 

					
	 ADMINISTRATIVE AGENT, SWING LINE

BANK, ISSUING BANK AND INITIAL LENDER:

	
	CITICORP NORTH AMERICA, INC.
		
	By	 	         /s/ John Rowland

		 	Name:	 	John Rowland
		 	Title:	 	Vice President

  

 Signature Page 

					
	INITIAL ISSUING BANK:
	
	CITIBANK, N.A.
		
	By	 	         /s/ John Rowland

		 	Name:	 	John Rowland
		 	Title:	 	Vice President

  

 Signature Page 

					
	INITIAL LENDERS:
	
	 MERRILL LYNCH CAPITAL CORPORATION,

as a Lender

		
	By	 	         /s/ Allison M. Gauthier

		 	Name:	 	Allison M. Gauthier
		 	Title:	 	Senior Vice President

  

 Signature Page 

					
	 BANK OF AMERICA, N.A.,

as a Lender

		
	By	 	         /s/ Allison M. Gauthier

		 	Name:	 	Allison M. Gauthier
		 	Title:	 	Senior Vice President

  

 Signature Page 

					
	 ROYAL BANK OF CANADA, NEW YORK BRANCH, 

as a Lender

		
	By	 	         /s/ Dan LePage

		 	Name:	 	Dan LePage
		 	Title:	 	Authorized Signatory

  

 Signature Page 

					
	 CREDIT SUISSE AG, CAYMAN ISLANDS

BRANCH (fka, Credit Suisse, Cayman Islands

Branch), as a Lender

		
	By	 	          /s/ Mikhail Faybusovich

		 	Name:	 	Mikhail Faybusovich
		 	Title:	 	Vice President
		
	By	 	          /s/ Vipul Dhadda

		 	Name:	 	Vipul Dhadda
		 	Title:	 	Associate

  

 Signature Page 

					
	 UBS LOAN FINANCE LLC,

as a Lender

		
	By	 	          /s/ Mary E. Evans

		 	Name:	 	Mary E. Evans
		 	Title:	 	Associate Director
		
	By	 	          /s/ Irja R. Otsa

		 	Name:	 	Irja R. Otsa
		 	Title:	 	Associate Director

  

 Signature Page 

					
	THE ROYAL BANK OF SCOTLAND PLC,
	
	By: RBS Securities Inc., its agent
		
	By	 	          /s/ Bruce Ferguson

		 	Name:	 	Bruce Ferguson
		 	Title:	 	Managing Director

  

 Signature Page 

					
	 ALLIED IRISH BANKS, plc,

as a Lender

		
	By	 	          /s/ Colm Madden

		 	Name:	 	Colm Madden
		 	Title:	 	Director
		
	By	 	          /s/ Sharon Grehan

		 	Name:	 	Sharon Grehan
		 	Title:	 	Relationship Manager

  

 Signature Page 

			
	 RAYMOND JAMES BANK, FSB,

as a Lender

		
	By	 	            /s/ Thomas G Scott
		 	 Name: Thomas G Scott
 Title:
  Senior Vice President

  

 Signature Page 

			
	 JP MORGAN CHASE BANK, N.A.

as a Lender

		
	By	 	            /s/ Kimberly Turner
		 	 Name: Kimberly Turner

Title:   Executive Director

  

 Signature Page 

			
	 CHANG HWA COMMERCIAL BANK, LTD., NEW YORK BRANCH,

as a Lender

		
	By	 	            /s/ Eric Y.S Tsai
		 	 Name: Eric Y.S Tsai
 Title:
  V.P. & General Manager

  

 Signature Page 

			
	 FIRST COMMERCIAL BANK NEW YORK BRANCH,

as a Lender

		
	By	 	            /s/ Jenn-Hwa Wang
		 	 Name: Jenn-Hwa Wang
 Title:
  VP & General Manager

  

 Signature Page 

			
	 DEUTSCHE BANK AG NEW YORK BRANCH,

as a Lender

		
	By	 	            /s/ J.T. Johnston Coe
		 	 Name: J.T. Johnston Coe

Title:   Managing Director

	
		
	By	 	            /s/ Joanna Soliman
		 	 Name: Joanna Soliman
 Title:
  Vice President

  

 Signature Page 

			
	 MORGAN STANLEY BANK, N.A.,

as a Lender

		
	By	 	            /s/ Sherrese Clarke
		 	 Name: Sherrese Clarke

Title:   Authorized Signatory

  

 Signature Page 

 CONSENT 

Dated as of June 28, 2010 

Each of the undersigned, as a Guarantor under the Credit Agreement referred to in the foregoing Amendment, hereby consents to such
Amendment and hereby confirms and agrees that notwithstanding the effectiveness of such Amendment, the Guaranty contained in the Credit Agreement is and shall continue to be, in full force and effect and is hereby ratified and confirmed in all
respects, except that, on and after the effectiveness of such Amendment, each reference in the Loan Documents to “Credit Agreement”, “thereunder”, “thereof” or words of like import shall mean and be a reference to the
Credit Agreement, as amended or otherwise affected by such Amendment. 
  

					
	GUARANTORS:
	
	DIGITAL REALTY TRUST, INC.
		
	By	 	             /s/ A.
William Stein

		 	Name:	 	A. William Stein
		 	Title:	 	Chief Financial Officer & Chief Investment Officer

  

					
	DIGITAL SERVICES, INC.
		
	By	 	            /s/ A. William Stein
		 	Name:	 	A. William Stein
		 	Title:	 	Chief Financial Officer & Chief Investment Officer

  

									
	GLOBAL ASML, LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its member

			
		 	By:	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

				
		 		 	By	 	/s/ A. William
Stein                
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

 

 Signature Page 

									
	GLOBAL INNOVATION SUNSHINE
HOLDINGS LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

				
		 		 	By	 	/s/ A. William
Stein             
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

 

											
	GLOBAL GOLD CAMP, LLC
		
	By:	 	GLOBAL GOLD CAMP HOLDING
COMPANY, LLC, its member and manager
			
		 	By:	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

				
		 		 	 By:
	 	DIGITAL REALTY TRUST, INC., 
its sole general partner
					
		 		 		 	By	 	/s/ A. William Stein     
		 		 		 		 	Name:	 	A. William Stein
		 		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

 

									
	GLOBAL GOLD CAMP HOLDING COMPANY,
LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

			
		 	By:	 	DIGITAL REALTY TRUST,
INC., its sole general partner
				
		 		 	By	 	/s/ A. William
Stein                
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

 

 Signature Page 

									
	DIGITAL 833 CHESTNUT, LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

				
		 		 	By	 	/s/ A. William Stein               

		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

 

									
	DIGITAL CONCORD CENTER, LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

				
		 		 	By	 	/s/ A. William Stein               

		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

 

									
	DIGITAL PRINTERS SQUARE, LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

				
		 		 	By	 	/s/ A. William Stein               

		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

 

 Signature Page 

			
	GLOBAL KATO HG, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST, INC.,
		 		 	its sole general partner

									
				
		 		 	By	 	    /s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

			
	
	DIGITAL GREENSPOINT, L.P.
		
	By:	 	DRT GREENSPOINT, LLC, its general
		 	partner and manager

							
			
		 	By:	 	DIGITAL REALTY TRUST, L.P.,
		 		 	its member and manager
				
		 		 	By:	 	DIGITAL REALTY TRUST,
		 		 		 	INC., its sole general partner

											
					
		 		 		 	By	 	    /s/ A. William Stein        
		 		 		 		 	Name:	 	  A. William Stein

		 		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

			
	
	DRT GREENSPOINT, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its member and manager

							
			
		 	By:	 	DIGITAL REALTY TRUST,
		 		 	INC., its sole general partner

									
				
		 		 	By	 	    /s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

 

 Signature Page 

			
	DIGITAL GREENSPOINT, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST,
		 		 	INC., its sole general partner

									
				
		 		 	By	 	/s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

			
	
	DIGITAL 113 N. MYERS, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST,
		 		 	INC., its sole general partner

									
				
		 		 	By	 	/s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

			
	
	DIGITAL 125 N. MYERS, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST,
		 		 	INC., its sole general partner

									
				
		 		 	By	 	/s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

			
	
	DIGITAL TORONTO BUSINESS TRUST

							
			
		 	By	 	/s/ A. William Stein        
		 		 	Name:	 	  A. William Stein

		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

 Signature Page 

			
	DIGITAL AQUILA, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST,
		 		 	INC., its sole general partner

									
				
		 		 	By	 	/s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

			
	
	DIGITAL CENTREPORT, L.P.
		
	By:	 	DRT CENTREPORT, LLC,
		 	its general partner and manager

									
			
		 	By:	 	GLOBAL STANFORD PLACE II, LLC,
		 		 	its member and manager
				
		 		 	By:	 	DIGITAL REALTY TRUST, L.P.,
		 		 		 	its member and manager
					
		 		 		 	By:	 	DIGITAL REALTY TRUST, INC.,
		 		 		 		 	its sole general partner

													
						
		 		 		 		 	By	 	/s/ A. William Stein        
		 		 		 		 		 	Name:	 	  A. William Stein

		 		 		 		 		 	Title:	 	  Chief Financial

 Officer & Chief
  Investment
Officer

			
	
	DIGITAL PHOENIX VAN BUREN, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST, INC.,
		 		 	its sole general partner

									
				
		 		 	By	 	/s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

 Signature Page 

							
	DIGITAL WINTER, LLC
		
	By:	 	GLOBAL STANFORD PLACE II, LLC,
		 	its member and manager
			
		 	By:	 	DIGITAL REALTY TRUST, L.P.,
		 		 	its member and manager
				
		 		 	By:	 	DIGITAL REALTY TRUST, INC.,
		 		 		 	its sole general partner

											
					
		 		 		 	By	 	/s/ A. William Stein        
		 		 		 		 	Name:	 	  A. William Stein

		 		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

							
	
	DIGITAL 89TH PLACE, LLC
		
	By:	 	GLOBAL STANFORD PLACE II, LLC,
		 	its member and manager
			
		 	By:	 	DIGITAL REALTY TRUST, L.P.,
		 		 	its member and manager
				
		 		 	By:	 	DIGITAL REALTY TRUST, INC.,
		 		 		 	its sole general partner

											
					
		 		 		 	By	 	/s/ A. William Stein        
		 		 		 		 	Name:	 	  A. William Stein

		 		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

			
	
	DIGITAL RESTON, LLC
		
	By:	 	DIGITAL ABOVE, LLC,
		 	its sole member and manager

					
			
		 	By:	 	DIGITAL SERVICES, INC.,
		 		 	its sole member and manager

									
				
		 		 	By	 	/s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

 Signature Page 

							
	
	DIGITAL ABOVE, LLC
		
	By:  	 	 DIGITAL SERVICES, INC.,

its sole member and manager

			
		 	By  	 	    /s/ A. William Stein
		 		 	Name:	 	A. William Stein
		 		 	Title:	 	Chief Financial Officer & Chief Investment Officer

 

									
	
	DIGITAL CHELSEA, LLC
		
	By:  	 	 DIGITAL ABOVE, LLC,

its sole member and manager

			
		 	By:  	 	 DIGITAL SERVICES, INC.,

its sole member and manager

				
		 		 	By  	 	/s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer & Chief Investment Officer

 

									
	
	DIGITAL VIENNA, LLC
		
	By:  	 	 DIGITAL ABOVE, LLC,

its sole member and manager

			
		 	By:  	 	 DIGITAL SERVICES, INC.,

its sole member and manager

				
		 		 	By  	 	/s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer & Chief Investment Officer

 

 Signature Page 

									
	
	DIGITAL WALTHAM, LLC
		
	By:  	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

			
		 	By:  	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

				
		 		 	By:  	 	    /s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer & Chief Investment Officer

 

 Signature Page 

											
	
	DIGITAL MIDWAY, L.P.
		
	By:  	 	 DIGITAL MIDWAY GP, LLC,

its general partner and manager

			
		 	By:  	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

				
		 		 	By:  	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

					
		 		 		 	By:  	 	    /s/ A. William Stein
		 		 		 		 	Name:	 	A. William Stein
		 		 		 		 	Title:	 	 Chief Financial
 Officer &
Chief
 Investment Officer

 

									
	
	DIGITAL 21110 RIDGETOP, LLC
		
	By:  	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

			
		 	By:  	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

				
		 		 	By:  	 	    /s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer & Chief Investment Officer

 

									
	
	DIGITAL 3011 LAFAYETTE, LLC
		
	By:  	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

			
		 	By:  	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

				
		 		 	By:  	 	    /s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer & Chief Investment Officer

 

 Signature Page 

									
	
	DIGITAL ASHBURN CS, LLC
		
	By:  	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

			
		 	By:  	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

				
		 		 	By:  	 	    /s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer & Chief Investment Officer

 

									
	
	GIP STOUGHTON, LLC
		
	By:  	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

			
		 	By:  	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

				
		 		 	By:  	 	    /s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer & Chief Investment Officer

 

									
	
	DIGITAL ARIZONA RESEARCH PARK II, LLC
		
	By:  	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

			
		 	By:  	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

				
		 		 	By:  	 	    /s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer & Chief Investment Officer

 

 Signature Page 

									
	
	DIGITAL 1 SAVVIS PARKWAY, LLC
		
	By:  	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

			
		 	By:  	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

				
		 		 	By:  	 	    /s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer & Chief Investment Officer

 

									
	
	DIGITAL 900 WALNUT, LLC
		
	By:  	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

			
		 	By:  	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

				
		 		 	By:  	 	    /s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer & Chief Investment Officer

 

									
	
	DIGITAL 210 TUCKER, LLC
		
	By:  	 	 DIGITAL REALTY TRUST, L.P.,

its member and manager

			
		 	By:  	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

				
		 		 	By:  	 	    /s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer & Chief Investment Officer

 

 Signature Page 

											
	GLOBAL MARSH MEMBER, LLC
		
	By:  	 	DIGITAL REALTY TRUST, L.P.,
		 	its member and manager
			
		 	By:  	 	DIGITAL REALTY TRUST, INC.,
		 		 	its sole general partner
				
		 		 	By:	 	   /s/  A. William
Stein        

		 		 		 	Name:	 	A. William Stein
		 		 		 	 Title:
	 	Chief Financial Officer &
Chief Investment Officer

											
	
	GLOBAL MARSH LIMITED PARTNER, LLC
		
	By:  	 	GLOBAL MARSH MEMBER, LLC,
		 	its member and manager
			
		 	By:  	 	DIGITAL REALTY TRUST, L.P.,
		 		 	its member and manager
				
		 		 	By:  	 	DIGITAL REALTY TRUST, INC.,
		 		 		 	its sole general partner
					
		 		 		 	By:	 	   /s/  A. William
Stein        

		 		 		 		 	Name:	 	A. William Stein
		 		 		 		 	Title:	 	Chief Financial Officer &
Chief Investment Officer
	
	GLOBAL MARSH GENERAL PARTNER, LLC
		
	By:  	 	GLOBAL MARSH MEMBER, LLC,
		 	its member and manager
			
		 	By:  	 	DIGITAL REALTY TRUST, L.P.,
		 		 	its member and manager
				
		 		 	By:  	 	DIGITAL REALTY TRUST, INC.,
		 		 		 	its sole general partner
					
		 		 		 	By:	 	   /s/  A. William
Stein        

		 		 		 		 	Name:	 	A. William Stein
		 		 		 		 	 Title:    
	 	Chief Financial Officer &
Chief Investment Officer

  

 Signature Page 

													
	DIGITAL NETWORK SERVICES, LLC
		
	By:  	 	DIGITAL PHOENIX VAN BUREN, LLC,
		 	its member and manager
			
		 	By:  	 	DIGITAL REALTY TRUST, L.P.,
		 		 	its member and manager
				
		 		 	By:  	 	DIGITAL REALTY TRUST, INC.,
		 		 		 	its sole general partner
						
		 		 		 		 	By:	 	   /s/  A. William
Stein        

		 		 		 		 	Name:	 	A. William Stein
		 		 		 		 	Title:	 	Chief Financial Officer &
Chief Investment Officer
	
	DIGITAL SERVICES PHOENIX, LLC
		
	By:	 	DIGITAL SERVICES, INC.,
		 	its sole member and manager
				
		 		 	By:	 	   /s/  A. William
Stein        

		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer &
Chief Investment Officer
	
	DIGITAL CONNECT, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its member and manager
			
		 	By:	 	DIGITAL REALTY TRUST, INC.,
		 		 	its sole general partner
				
		 		 	By:	 	   /s/  A. William
Stein        

		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer &
Chief Investment Officer

  

 Signature Page 

											
	DIGITAL 650 RANDOLPH, LLC
		
	By:  	 	DIGITAL REALTY TRUST, L.P.,
		 	its member and manager
			
		 	By:  	 	DIGITAL REALTY TRUST, INC.,
		 		 	its sole general partner
				
		 		 	By:  	 	   /s/  A. William
Stein        

		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer & Chief Investment Officer
	
	DIGITAL BUSINESS TRUST
		
	By:	 	   /s/  A. William
Stein        

		 	Name:	 	A. William Stein
		 	Title:	 	Chief Financial Officer &
Chief Investment Officer
	
	DIGITAL 365 RANDOLPHVILLE, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its member and manager
			
		 	By:	 	DIGITAL REALTY TRUST, INC,
		 		 	its sole general manager
				
		 		 	By:	 	   /s/  A. William
Stein        

		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer &
Chief Investment Officer

 

 Signature Page 

													
	DIGITAL 717 LEONARD, L.P.
		
	By:  	 	DIGITAL 717 GP, LLC,
		 	its sole general partner
			
		 	By:  	 	DIGITAL REALTY TRUST, L.P.,
		 		 	its sole member and manager
				
		 		 	By:  	 	DIGITAL REALTY TRUST, INC.,
		 		 		 	its sole general partner
					
		 		 		 	By:	 	 /s/  A. William
Stein        

		 		 		 	Name:	 		 		 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer &
Chief Investment Officer

											
	
	DIGITAL 717 GP, LLC,
		
	By:	 	DIGITAL REALTY TRUST, L.P.
		 	its sole member and manager
			
		 	By:	 	DIGITAL REALTY TRUST, INC.,
		 		 	its sole general partner
				
		 		 	By:	 	 /s/  A. William
Stein        

		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

											
	
	DIGITAL 717 LP, LLC,
		
	By:	 	DIGITAL REALTY TRUST, L.P.
		 	its sole member and manager
			
		 	By:	 	DIGITAL REALTY TRUST, INC.,
		 		 	its sole general partner
				
		 		 	By:	 	 /s/  A. William
Stein        

		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

  

 Signature Page 

											
	GLOBAL STANFORD PLACE II, LLC
		
	By:  	 	DIGITAL REALTY TRUST, L.P.,
		 	its member and manager
			
		 	By:  	 	DIGITAL REALTY TRUST, INC.,
		 		 	its sole general partner
				
		 		 	By:	 	 /s/  A. William
Stein        

		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer &
Chief Investment Officer

													
	
	GLOBAL MARSH PROPERTY OWNER, L.P.
			
	By:	 		 	GLOBAL MARSH GENERAL PARTNER, LLC
		 		 	its manager
			
		 	By:	 	GLOBAL MARSH MEMBER, LLC
		 		 	its member and manager
				
		 		 	By:	 	DIGITAL REALTY TRUST, L.P.,
		 		 		 	its sole member and manager
					
		 		 		 	By:	 	DIGITAL REALTY TRUST, INC.,
		 		 		 		 	its sole general partner
						
		 		 		 		 	By:	 	 /s/  A. William
Stein        

		 		 		 		 		 	Name:	 	A. William Stein
		 		 		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

											
	
	GLOBAL RIVERSIDE, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its member and manager
			
		 	By:	 	DIGITAL REALTY TRUST, INC.,
		 		 	its sole general partner
				
		 		 	By:	 	 /s/  A. William
Stein        

		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	Chief Financial Officer &
Chief Investment Officer

 

 Signature Page 

			
	DIGITAL 7505 MASON KING COURT LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its sole member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST, INC.,
		 		 	its sole general partner

									
				
		 		 	By:	 	    /s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

			
	DIGITAL LAKESIDE, LLC
		
	By:	 	DIGITAL LAKESIDE HOLDINGS, LLC,
		 	its sole member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST, L.P.,
		 		 	its sole member and manager

							
				
		 		 	By:	 	DIGITAL REALTY TRUST INC.,
		 		 		 	its sole general partner

											
					
		 		 		 	By:	 	    /s/ A. William Stein        
		 		 		 		 	Name:	 	  A. William Stein

		 		 		 		 	Title:	 	  Chief Financial

 Officer & Chief
  Investment
Officer

  

			
	DIGITAL LOUDOUN II, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its sole member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST, INC.,
		 		 	its sole general partner

									
				
		 		 	By:	 	    /s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

 Signature Page 

			
	DIGITAL-BRYAN STREET PARTNERSHIP, L.P.
		
	By:	 	DRT-BRYAN STREET, LLC,
		 	its sole general partner

					
			
		 	By:	 	DIGITAL REALTY TRUST, L.P.,
		 		 	its sole member and manager

							
				
		 		 	By:	 	DIGITAL REALTY TRUST INC.,
		 		 		 	its sole general partner

											
					
		 		 		 	By:	 	    /s/ A. William Stein        
		 		 		 		 	Name:	 	  A. William Stein

		 		 		 		 	Title:	 	  Chief Financial

 Officer & Chief
  Investment
Officer

  

			
	DRT-BRYAN STREET, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its sole member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST INC.,
		 		 	its sole general partner

									
				
		 		 	By:	 	    /s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

			
	DIGITAL-BRYAN STREET, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its sole member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST INC.,
		 		 	its sole general partner

									
				
		 		 	By:	 	    /s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

 Signature Page 

			
	1525 COMSTOCK PARTNERS, LLC
		
	By:	 	DIGITAL 1525 COMSTOCK, LLC,
		 	its sole member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST, L.P.,
		 		 	its sole member and manager

							
				
		 		 	By:	 	DIGITAL REALTY TRUST INC.,
		 		 		 	its sole general partner

											
					
		 		 		 	By:	 	    /s/ A. William Stein        
		 		 		 		 	Name:	 	  A. William Stein

		 		 		 		 	Title:	 	  Chief Financial

 Officer & Chief
  Investment
Officer

  

			
	DIGITAL 444 TOYAMA, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its sole member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST INC.,
		 		 	its sole general partner

									
				
		 		 	By:	 	    /s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

			
	DIGITAL 45845-45901 NOKES BOULEVARD, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its sole member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST INC.,
		 		 	its sole general partner

									
				
		 		 	By:	 	    /s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

 Signature Page 

			
	DIGITAL 21561-21571 BEAUMEADE CIRCLE, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its sole member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST INC.,
		 		 	its sole general partner

									
				
		 		 	By:	 	    /s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

			
	DIGITAL BEAUMEADE CIRCLE LAND, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its sole member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST INC.,
		 		 	its sole general partner

									
				
		 		 	By:	 	    /s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

			
	DIGITAL 60 & 80 MERRITT, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its sole member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST INC.,
		 		 	its sole general partner

									
				
		 		 	By:	 	    /s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

 Signature Page 

			
	DIGITAL 55 MIDDLESEX, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its sole member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST INC.,
		 		 	its sole general partner

									
				
		 		 	By:	 	    /s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

			
	DIGITAL 128 FIRST AVENUE GROUND LESSEE, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its sole member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST INC.,
		 		 	its sole general partner

									
				
		 		 	By:	 	    /s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

			
	DIGITAL 128 FIRST AVENUE, LLC
		
	By:	 	DIGITAL REALTY TRUST, L.P.,
		 	its sole member and manager

					
			
		 	By:	 	DIGITAL REALTY TRUST INC.,
		 		 	its sole general partner

									
				
		 		 	By:	 	    /s/ A. William Stein        
		 		 		 	Name:	 	  A. William Stein

		 		 		 	Title:	 	  Chief Financial Officer &

 Chief Investment Officer

  

 Signature Page 

									
	DIGITAL 1725 COMSTOCK, LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its sole member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST INC.,

its sole general partner

				
		 		 	By:	 	/s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

 

									
	DIGITAL ALFRED, LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its sole member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST INC.,

its sole general partner

				
		 		 	By:	 	/s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

 

									
	DIGITAL 720 2ND, LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its sole member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST INC.,

its sole general partner

				
		 		 	By:	 	/s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

 

 Signature Page 

									
	DIGITAL 2121 SOUTH PRICE, LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its sole member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST INC.,

its sole general partner

				
		 		 	By:	 	/s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

 

									
	DIGITAL LAFAYETTE CHANTILLY, LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its sole member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST INC.,

its sole general partner

				
		 		 	By:	 	/s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

 

									
	DIGITAL 2260 EAST EL SEGUNDO, LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its sole member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST INC.,

its sole general partner

				
		 		 	By:	 	/s/ A. William Stein
		 		 		 	Name:	 	A. William Stein
		 		 		 	Title:	 	 Chief Financial Officer &

Chief Investment Officer

 

 Signature Page 

									
	DIGITAL 365 MAIN, LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its sole member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST INC.,

its sole general partner

				
		 		 	By:	 	/s/ Michael F. Foust
		 		 		 	Name:	 	Michael F. Foust
		 		 		 	Title:	 	Chief Executive Officer

 

													
	1500 SPACE PARK HOLDINGS, LLC
		
	By:	 	 1500 SPACE PARK PARTNERS, LLC,

its sole member and manager

			
		 	By:	 	 DIGITAL 1500 SPACE PARK, LLC,

its sole member and manager

				
		 		 	By:	 	 DIGITAL REALTY TRUST, L.P.,

its sole member and manager

					
		 		 		 	By:	 	 DIGITAL REALTY TRUST, INC.,

its sole general partner

						
		 		 		 		 	By:	 	/s/ Michael F. Foust
		 		 		 		 		 	Name:	 	Michael F. Foust
		 		 		 		 		 	Title:	 	Chief Executive Officer

 

											
	1500 SPACE PARK PARTNERS, LLC
		
	By:	 	 DIGITAL 1500 SPACE PARK, LLC,

its sole member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST, L.P.,

its sole member and manager

				
		 		 	By:	 	 DIGITAL REALTY TRUST INC.,

its sole general partner

					
		 		 		 	By:	 	/s/ Michael F. Foust
		 		 		 		 	Name:	 	Michael F. Foust
		 		 		 		 	Title:	 	Chief Executive Officer

  

 Signature Page 

									
	DIGITAL 1500 SPACE PARK, LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its sole member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST INC.,

its sole general partner

				
		 		 	By:	 	/s/ Michael F. Foust
		 		 		 	Name:	 	Michael F. Foust
		 		 		 	Title:	 	Chief Executive Officer

 

									
	DIGITAL 1525 COMSTOCK, LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its sole member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST INC.,

its sole general partner

				
		 		 	By:	 	/s/ Michael F. Foust
		 		 		 	Name:	 	Michael F. Foust
		 		 		 	Title:	 	Chief Executive Officer

 

											
	1201 COMSTOCK PARTNERS, LLC
		
	By:	 	 DIGITAL 1201 COMSTOCK, LLC,

its sole member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST, L.P.,

its sole member and manager

				
		 		 	By:	 	 DIGITAL REALTY TRUST INC.,

its sole general partner

					
		 		 		 	By:	 	/s/ Michael F. Foust
		 		 		 		 	Name:	 	Michael F. Foust
		 		 		 		 	Title:	 	Chief Executive Officer

  

 Signature Page 

									
	DIGITAL 1550 SPACE PARK, LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its sole member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST INC.,

its sole general partner

				
		 		 	By:	 	/s/ Michael F. Foust
		 		 		 	Name:	 	Michael F. Foust
		 		 		 	Title:	 	Chief Executive Officer

 

									
	DIGITAL LAKESIDE HOLDINGS, LLC
		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its sole member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST INC.,

its sole general partner

				
		 		 	By:	 	/s/ Michael F. Foust
		 		 		 	Name:	 	Michael F. Foust
		 		 		 	Title:	 	Chief Executive Officer

 

									
	 DIGITAL COLLINS TECHNOLOGY PARK

INVESTOR, LLC

		
	By:	 	 DIGITAL REALTY TRUST, L.P.,

its sole member and manager

			
		 	By:	 	 DIGITAL REALTY TRUST INC.,

its sole general partner

				
		 		 	By:	 	/s/ Michael F. Foust
		 		 		 	Name:	 	Michael F. Foust
		 		 		 	Title:	 	Chief Executive Officer

  

 Signature Page 

 EXHIBIT E to the 

REVOLVING CREDIT AGREEMENT 

FORM OF 

UNENCUMBERED ASSETS CERTIFICATE 

UNENCUMBERED ASSETS CERTIFICATE 

Digital Realty, L.P. 

Unencumbered Assets Certificate 

Month ending     /    /     

Citicorp North America, Inc., 

    as Administrative Agent 

    under the Credit Agreement 

    referred to below 
 2
Penns Way, Suite 200 
 New Castle, Delaware 19720 

United States of America 
 Attention: Valerie
Burrows, Citigroup Global Loans 
 [Citibank International plc, 

    as Sub-Agent 

    under the Credit Agreement 

    referred to below 

4 Harbour Exchange,
2nd Floor 

London E14 9GE 
 United Kingdom 

        Attention:
                    ] 

Pursuant to provisions of the Credit Agreement, dated as of August 31, 2007, Digital Realty Trust, L.P., a Maryland limited
partnership (the “Borrower”), Digital Realty Trust, Inc., a Maryland corporation (the “Parent Guarantor”), the Subsidiary Guarantors party thereto, the Lender Parties party thereto and Citicorp North
America, Inc., as Administrative Agent for the Lender Parties (said Credit Agreement, as it may be amended, amended and restated, supplemented or otherwise modified from time to time, being the “Credit Agreement”; capitalized
terms used herein but not defined herein being used herein as defined in the Credit Agreement), the undersigned, the Chief Financial Officer or a Responsible Officer of the Parent Guarantor, hereby certifies and represents and warrants on behalf of
the Borrower as follows: 
 1.    The information contained in this certificate and the attached information
supporting the calculation of the Total Unencumbered Asset Value is true, complete and correct as of the close of business on                 ,
20     (the “Calculation Date”) and has been prepared in accordance with the provisions of the Credit Agreement. 

 

 Exh. E - 1 

 2.    (a) The Total Unencumbered Asset Value (exclusive of Excess France
Value, Excess Singapore Value, Excess International Value and Excess Redevelopment and Development Value) is $            , (b) the Excess France Value, if any, is
$            , (c) the Excess Singapore Value, if any, is $            , (d) the Excess International
Value, if any, is $            , and (e) the Excess Redevelopment and Development Value, if any, is
$            , each as of the Calculation Date and as more fully described on Schedule I hereto. 

3.    As of the Calculation Date, Unsecured Debt does not exceed 70% of the Total Unencumbered Asset Value, in
accordance with Section 5.04(b)(i) of the Credit Agreement. 
 4.    At the end of the fiscal quarter
of the Parent Guarantor most recently completed and as of the Calculation Date, the Parent Guarantor maintained an Unencumbered Assets Debt Service Coverage Ratio of not less than 1.50:1.00, in accordance with Section 5.04(b)(ii) of the Credit
Agreement. 
 5.    This certificate is furnished to the Administrative Agent pursuant to Section
[3.01(a)(xv) / 3.02(a)(x) / 5.03(d)] of the Credit Agreement. 
 6.    The Unencumbered Assets comply with
all Unencumbered Asset Conditions (except to the extent waived in writing by the Required Lenders) and otherwise conform and comply with the conditions, terms, warranties, representations and covenants set forth in the Credit Agreement. 

[Remainder of page intentionally left blank] 

 

 Exh. E - 2 

			
	DIGITAL REALTY TRUST, INC.
		
	 By
	 	 
		 	 Name:

Title:

  

 Exh. E - 3 

 SCHEDULE I — Calculation of Total Unencumbered Asset Value 

 

															
	
(i)     
	 	Sum of Asset Values for all Unencumbered Assets (from charts
below)	  	$	            	  	 	 	 	 	 	 	 	 
	 	 	 	 	 
	
(ii)    
	 	
(a)           Number of Unencumbered Assets
	  	 	 	 	 	 	 	 	 	 	 	 
	 	 	
(b)           Weighted average occupancy of all Unencumbered Assets (other than
Redevelopment Assets and Development Assets)
	  	 	        	%   	 	 	 	 	 	 	 	 
	 (iii)
	 	 If

•     the dollar amount in (i) above is not equal to or greater than
$115,000,000,
 •     the number in (ii)(a) above is not equal to or
greater than 3 or
 •     the percentage in (ii)(b) above is not greater
than or equal to 80%,
	  			 	 			 	 			 
	 Then
	 	 	  			 	 	$	            	     	 			 
	 	 	 •     Total Unencumbered
Asset Value equals $0.
	  	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 (iv)
	 	Lesser of (i) and (iii) equals Total Unencumbered Asset Value (prior to adjustment for
Excess France Value, Excess Singapore/Spain Value, Withholding Tax Adjustment, Excess International Value and Excess Redevelopment and Excess Development Value)	  	 	 	 	 	$	            	  	 	 	 	 
	 	 	 	 	 
	 (v)
	 	
(b)           Excess France Value
	  	 	 	 	 	$	            	  	 	 	 	 
	 	 	 	 	 
	 	 	
(c)           Excess Singapore/Spain Value (based on maximum percentage of
10%)
	  	 	 	 	 	$	            	  	 	 	 	 
	 	 	 	 	 
	 	 	
(d)           Withholding Tax Adjustment
	  	 	 	 	 	$	            	  	 	 	 	 
	 	 	 	 	 
	 (vi)
	 	Total Unencumbered Asset Value after reduction for Excess France Value, Excess Singapore/Spain Value
and Withholding Tax Adjustment	  	 	 	 	 	$	            	  	 	 	 	 
	 	 	 	  	$	            	  	 			 	 			 
	 (vii)
	 	 25% times dollar amount in (vi)
above
	  	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 (viii)
	 	 Excess International Value equals the amount, if
any, by which (vii) exceeds (vi)
	  	 	 	 	 	$	            	  	 	 	 	 
	 	 	 	 	 
	 (ix)
	 	Total Unencumbered Asset Value after adjustment for Excess International Value, is
(vi) minus (viii) (prior to adjustment for Excess Redevelopment Value and Excess Development Value)	  	 	 	 	 	 	 	 	 	$	            	     
	 	 	 	  	$	            	  	 			 	 			 
	 (x)
	 	
(a)           33% times dollar amount in (ix) above
	  	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	  	$	            	  	 			 	 			 
	 	 	
(b)           10% times dollar amount in (ix) above
	  	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	  	$	            	  	 			 	 			 
	 	 	
(c)           Sum of Asset Values of all Redevelopment Assets
	  	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	  	$	            	  	 			 	 			 
	 	 	
(d)           Sum of Asset Values of all Development Assets
	  	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 
	 (xi)
	 	 Permitted Development Assets equals lesser of
(x)(b) and (x)(d)
	  	 	 	 	 	$	            	  	 	 	 	 

  

 Sch. I - 1 

														
	 	 	 	 	 
	 (xii)
	 	 Sum of Asset Values of all Redevelopment and Development
Assets is (x)(c) plus (xi)
	  	 	 	 	  	$	            	     	 	 	 
	 	 	 	 	 
	 (xiii)
	 	Excess Redevelopment and Development Value equals the amount, if any, by which (xii) exceeds
(x)(a)	  	$
	000000
	  
	  	$	            	  	 	 	 
	 	 	 	 
	 Total Unencumbered Asset
Value equals (ix) less (xiii)
	  			 	  			 	 	$	                

	 	 	 	 
	 	  	 	 	 	  	 	 	 	 	 	 

  

 Sch. I -2 

 Calculation of Asset Value 

(Office Asset) 
  

										
	
Office Asset: [Insert Name]
  
	
  
 

	
(A)   Net Operating Income attributable to such Unencumbered Asset  

 
	  	   
	$______    
	  	 	  	 	 	 
	 (B)   (1) 3% of all rental and other income from the
operation of such Unencumbered Asset for the fiscal quarter of the Parent Guarantor most recently ended for which financial statements are required to be delivered to the Lender Parties pursuant to the Credit Agreement
	  		 	  	 	  			 
	 (2) all management fees
payable in respect of such Unencumbered Asset for such fiscal period
  
	  	$  

$
  
	______  
 
 ______  

 
	  	 	  	 	 	 
	
(C)   $0.25 x total number of square feet within Unencumbered Asset

 
	  	$  
	______  
 
	  	 	  	 	 	 
	
(D)   Amount of pro forma upward adjustment approved by Administrative Agent for Tenancy Leases
entered into during the quarter
  
	  	$  
	______  
 
	  	(i)	  	 	 	 
	
(E)       

 
 (ii)     Insert Amount from
(A)  
  
 Insert the sum of (B)(1)
minus (B)(2) (Insert 0 if negative  
 number)  

 
 Insert Amount from (D)  

 
	  	 	 	  	 (iii)

(iv)       $______   

 

minus                    

(v)         $______  

 

plus                    

$______                    

equals                    

$______                    

 
	  	 	(vi	) 
	
(F)    Adjusted Net Operating Income of such Unencumbered Asset equals (i)
(E) times 4 less (ii) (C)
  
	  	 	 	  	 (vii)      
$______  
  
	  	 	(viii	) 
	
(G)   Tentative Asset Value equals (F) ÷ either 8.25% (if a Data Center) or
7.5% (if a non-Data Center)
  
	  	 	 	  	 (ix)      
$______  
  
	  	 	(x	) 
	
(H)   If Unencumbered Asset was acquired within last 12 months, the acquisition price

 
	  	$  
	______  
 
	  	 	  	 	 	 
	
(I)     Asset Value:

If Unencumbered Asset was acquired within last 12 months, insert lesser of (G) and (H).

If Unencumbered Asset was acquired 12 or more months ago, insert (G).

 
	  	 	 	  	 	  	$  
	______  
	  
 

  

 Sch. I - 3 

 Calculation of Asset Value 

(Redevelopment Asset / Development Asset) 
  

				
	 Redevelopment Asset: [Insert
Name]
  

	 (xi) Asset Value
equals the book value of such Asset as determined in accordance with GAAP:
  
	  	$  
	_______  
 

		
		  		
	 Development Asset: [Insert
Name]
  

	 (xii) Asset Value
equals the book value of such Asset as determined in accordance with GAAP:
  
	  	$  
	_______  
 

 Total Unencumbered Asset Value

  

				
	
Sum of Asset Values for all Unencumbered Assets

 
	  	$  
	______  
 

  

 Sch. I - 4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00176-of-00352.parquet"}]]