Document:

Exhibit 10.13

 Exhibit 10.13 
 Summary of 2007 Compensation for Non-employee Directors 
 Each non-employee director (“Outside Director”) receives a fee of $8,000
for each quarterly meeting of the Board of Directors which the Outside Director attends in person. An Outside Director may be paid a quarterly board meeting fee for attending a quarterly board meeting via telephonic conference call if the Outside
Director has good reason for the Outside Director’s failure to attend such meeting in person as determined by the Chairman of the Board, but such payment is limited to one occurrence in any given fiscal year. Each Outside Director who is a
member of the Audit Committee also receives a fee of $4,000 for each quarterly meeting of such committee which the Outside Director attends in person. Each Outside Director may receive fees up to $12,000 in any fiscal quarter for additional services
delegated by the Board of Directors to such Outside Director in the Outside Director’s capacity as a member of the Audit Committee, the Board of Directors or any other committees of the Board of Directors, provided that any such fee paid with
respect to a particular service must be approved by the Board of Directors following the completion of such service by the Outside Director. Each Outside Director is reimbursed for all reasonable out-of-pocket expenses incurred by him or her in
attending meetings of the Board of Directors and any committee thereof and otherwise in performing his or her duties as an Outside Director, subject to compliance with our standard documentation policies regarding reimbursement of business expenses.

 In addition, the Company is authorized to make available, from time to time, tickets to sporting, charity, dining, entertainment or similar events as well
as use of corporate suites, club memberships or similar facilities that the company may acquire (“Corporate Development Programs”), for personal use by Company personnel to the extent a Corporate Development Program is not at such time
being used exclusively by the Company for business purposes. Eligible personnel include members of the Board of Directors of the Company, executive officers of the Company, and other employees of the Company and its subsidiaries. Any such personal
use may be deemed compensation to such persons. To the extent such personal use is deemed compensation to a director, the Company pays to (or withholds and pays to the appropriate taxing authority on behalf of) such director a “tax
gross-up” in cash, which would approximate the amount of the individual’s (i) federal and state income and payroll taxes on the taxable income associated with the personal use of Corporate Development Programs plus (ii) federal
and state income and payroll taxes on the taxes that the individual may incur as a result of the payment of taxes by the Company.Exhibit 10.18

 EXHIBIT 10.18 
 THIRD AMENDMENT OF DEED OF LEASE FOR 
 SECOND ADDITIONAL SPACE 
 THIS THIRD AMENDMENT OF DEED OF LEASE FOR SECOND ADDITIONAL SPACE (“Agreement”) is made as of this
20TH day of SEPTEMBER 2006 by and between TYSONS CORNER PROPERTY LLC, a Virginia limited liability company
(“Landlord”), and MICROSTRATEGY INCORPORATED, a Delaware corporation (“Tenant”). 
 R E C I
T A L S 
 A. Landlord and Tenant entered into that certain Deed of Lease for Office Space made as of January
7, 2000 (“Office Lease”), as amended by that certain First Amendment to Lease made as of August 9, 2000 (“First Amendment”), by that certain Second Amendment to Lease made as of October 31, 2002 (“Second
Amendment”), and by that certain Release Agreement made as of August 9, 2000 (“Release Agreement”), for the lease of certain premises more commonly known as space numbers 104, 200, 300, 400, 500 and 600 (“Original
Premises”) in the City of McLean, County of Fairfax, State of Virginia, in a commercial project commonly referred to as Tysons Corner Center (“Building”), all as more particularly set forth in the Lease. The Office Lease, First
Amendment, Second Amendment, and Release Agreement are sometimes collectively referred to as the “Lease”. 
 B. Landlord and Tenant
desire to amend the Lease to increase the size of the Premises by approximately 200 square feet of floor area (“Second Additional Space”) as hereinafter set forth and as further described in Schedule 1. 
 C. Landlord and Tenant acknowledge and agree that the Office Lease and First Amendment incorrectly referred to Tenant as “Microstrategy Inc.”
and that Tenant’s correct legal name is “Microstrategy Incorporated”. 
 T E R M S

 NOW, THEREFORE, in consideration of the foregoing Recitals, the mutual covenants herein contained, and good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereby agree as follows: 
  

	 	1.	Defined Terms. All initial capitalized terms used in this Agreement shall have the same meaning given such terms in the Lease, unless otherwise defined in this Agreement.

  

	 	2.	Expansion. 

  

	 	2.1.	Second Additional Space. Tenant is currently occupying the Original Premises within the Building pursuant to the terms of the Lease. Effective as of the date Landlord
delivers possession of the Second Additional Space to Tenant (the “Additional Space Delivery Date”), Landlord shall lease to Tenant the space identified as the Second Additional Space on Schedule 1 attached hereto. Effective as of
the Additional Space Delivery Date, the Second Additional Space shall become part of the Original Premises for all purposes of the Lease. The Net Rentable Area of the Second Additional Space, for all purposes is stipulated to be the Net Rentable
Area specified in this Agreement and in no event shall the Net Rentable Area of the Second Additional Space be remeasured or otherwise adjusted. The Second Additional Space, together with the Original Premises shall be referred to herein as the
“New Premises.” 

  

	 	2.2.	As Is. Effective upon the Additional Space Delivery Date, Tenant shall accept delivery of the Second Additional Space in an “As Is” condition and “With All
Faults” and Landlord shall have no obligation to improve, remodel, alter or otherwise modify or prepare the Second Additional Space for Tenant’s occupancy. Tenant hereby represents each of the following: (a) Tenant or its authorized
representative has inspected the Second Additional Space and has made all inquiries, tests and studies that it deems necessary in connection with its leasing of the Second Additional Space, (b) Tenant is relying solely on Tenant’s own
inspection, inquiries, tests and studies conducted in connection with, and Tenant’s own judgment with respect to, the condition of the Second Additional Space and Tenant’s leasing thereof and (c) Tenant is leasing the Second
Additional Space without any representations or warranties, express, implied or statutory by Landlord, or Landlord’s agents, brokers, finders, consultants, counsel, employees, officers, directors, shareholders, partners, trustees or
beneficiaries. 

  

					
	 1310616.2
 08.14.06
	  	1	  	 AMENDMENT OF LEASE
 Ofm00902v2.03.22.04

	 	2.3.	Tenant’s Expansion Work. Tenant shall (a) commence the Expansion Work on or about the Additional Space Delivery Date and pursue the same to completion,
(b) complete the Expansion Work before opening the New Premises for business and (c) use best efforts to open the New Premises for business to the public on or before August 15, 2006 (the “Required Opening Date”). In no
event shall Tenant commence the Expansion Work prior to the Additional Space Delivery Date. On or before the Additional Space Delivery Date, Tenant shall provide Landlord with written evidence in form and substance satisfactory to Landlord that the
insurance Tenant is required to carry pursuant to Article IX of the Lease covers the Second Additional Space and Tenant’s business and other activities conducted therein. The Expansion Work shall be performed by Tenant: (i) at its sole
cost and expense, (ii) in accordance with plans and specifications prepared by Tenant at its expense and approved by Landlord, (iii) in accordance with all laws, (iv) in accordance with the Landlord’s current design and
construction criteria for the Building, which is incorporated into this Agreement by this reference as if fully set forth herein, and (v) in accordance with the applicable provisions of the Lease (as amended hereby), except to the extent such
provisions are clearly not applicable to the Expansion Work. Notwithstanding anything to the contrary contained herein, Tenant’s plans and specification for the Expansion Work attached hereto as Schedule 1 have been approved by Landlord.
The Expansion Work shall be deemed to be the completion of all work necessary to consolidate the Second Additional Space and the Original Premises into one integrated space and prepare the Second Additional Space for use as a lobby/reception area,
including without limitation, furnishing and installing new lighting, new signage and new security cameras, any other improvements set forth in Tenant’s plans and specifications approved by Landlord and all necessary modifications to the
existing mechanical, plumbing, electrical, HVAC, lighting and fire protection systems within the Original Premises and the Second Additional Space and providing service to the New Premises, as required by all applicable laws governing the operating
of the New Premises or necessary to accommodate the Expansion Work. 

  

	 	3.	New Premises. 

  

	 	3.1.	Square Footage. Effective on the Additional Space Delivery Date, the total Net Rentable Area of the “Premises” for all purposes of the Lease shall be amended to be
152,078 square feet. 

  

	 	3.2.	Exhibit A. The approximate location of the Second Additional Space is depicted on Exhibit A attached hereto as Schedule 1. 

  

	 	4.	Base Rent. Commencing on the Rent Commencement Date, Tenant shall pay Base Rent for the Second Additional Space in the following amounts and otherwise in the manner and at
the times set forth in Article IV of the Lease: 

  

							
	 Date
	  	Annual Base Rent	  	Monthly Base Rent
	 Rent Commencement Date-2/28/07
	  	$	8,408.00	  	$	700.67
	 03/01/07-02/29/08
	  	$	8,618.00	  	$	718.17
	 03/01/08-02/28/09
	  	$	8,834.00	  	$	736.17
	 03/01/09-02/28/10
	  	$	9,054.00	  	$	754.50
	 03/01/10-06/30/10
	  	$	9,280.00	  	$	773.33

 As used in this Section 4, “Rent Commencement Date” shall mean the earlier to occur
of (a) the Required Opening Date, and (b) the date Tenant completes the Expansion Work. 
  

	 	5.	Amendment of Lease. The Lease is amended as of the date hereof (“Effective Date”) unless another date is expressly provided, as follows: 

 

	 	5.1.	Building. On the Additional Space Delivery Date, the Net Rentable Area of the Building set forth in Section 1.1 of the Lease shall be increased to 170,671 square feet.

  

	 	5.2.	Landlord’s Payment Address. Landlord’s payment address set forth in Section 4.1 of the Lease shall be deleted in its entirety and replaced with the following:

  

					
	 1310616.2
 08.14.06
	  	2	  	 AMENDMENT OF LEASE
 Ofm00902v2.03.22.04

 Tysons Corner Property LLC 
 Dept. 2596-5335 
 Los Angeles, CA 90084-2596

  

	 	5.3.	Landlord’s Notice Addresses. Section 14.2(a) and (b) of the Lease shall be deleted in their entirety and replaced with the following: 

 

			
	 Landlord’s Notice Address:
	 	 With a copy of notices to:

	Tysons Corner Property LLC	 	Tysons Corner Property LLC
	1861 Chain Bridge Road	 	c/o The Macerich Company
	McLean, VA 22102	 	P.O. Box 2172
	Attn: Building Manager	 	401 Wilshire Blvd. Suite 700
		 	 Santa Monica, CA 90407
 Attn: Legal
Dept.

  

	 	5.4.	The following shall be added as Section 15.27 to the Lease: 

 “15.27. REIT Qualifications. Landlord and Tenant agree that all Rent paid to Landlord under this Lease shall qualify as “rents from real property” as defined in Internal Revenue Code Section 856(d) and as further
defined in Treasury Regulation Section 1.856-4. Should the requirements of the said Internal Revenue Code Section or Treasury Regulation Section be amended so that any Rent no longer qualifies as “rents from real property” for the
purposes of the Internal Revenue Code or the Treasury Regulation, the Rent payable to Landlord shall be adjusted so that such Rent will qualify as “rents from real property” under the Internal Revenue Code and Treasury Regulation; provided
that such adjustments required pursuant to the provisions of this Section shall not increase the monetary obligations of Tenant. If any adjustment of Rent under this Section or if Landlord in good faith determines that its status as a real estate
investment trust under the provisions of the Internal Revenue Code or the Treasury Regulation will be jeopardized because of any provision of this Lease, Tenant shall, without charge therefor and within ten (10) days after. Landlord’s
written request therefor, execute and deliver to Landlord such amendments to this Lease as may be reasonably required by Landlord to avoid such jeopardy; provided such amendments do not increase the monetary obligations of Tenant or in any other
manner materially increase Tenant’s obligations or materially decrease Tenant’s rights under this Lease.” 
  

	 	6.	Effect. Except as expressly modified by this Agreement, the Lease shall remain unchanged and in full force and effect. 

  

	 	7.	No Modification or Waiver. Except as otherwise expressly set forth herein, nothing in this Agreement shall be deemed to waive or modify any of the provisions of the Lease.

  

	 	8.	No Offer. Landlord and Tenant hereby agree that Landlord’s submission of this Agreement to Tenant shall not constitute an offer to amend the Lease. This Agreement shall
be effective only, and is expressly conditioned, upon the execution of this Agreement by Landlord and Tenant. 

  

	 	9.	Captions. The captions and Section numbers appearing in this Agreement are for convenience only and are not a part of this Agreement and do not in any way limit, amplify,
define, construe or describe the scope or intent of the terms or provisions of this Agreement. 

  

	 	10.	Brokers. Tenant shall hold Landlord harmless from, and indemnify Landlord against, all damages (including attorneys’ fees and costs) resulting from any claims that may
be asserted against Landlord by any broker, finder or other person (except for Wilmorite Property Management, LLC, Macerich Management Company, Macerich Property Management Company, Macerich Westcor Management LLC, Westcor Partners, L.L.C. or
Westcor Partners of Colorado, LLC) with whom Tenant has, or purportedly has, dealt in connection with the transactions set forth in this Agreement. 

  

	 	11.	Schedules. The Schedules, if any, attached to this Agreement are hereby incorporated herein and made a part hereof. 

  

	 	12.	Counterparts. This Agreement may be executed in several counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same
Agreement. 

  

					
	 1310616.2
 08.14.06
	  	3	  	 AMENDMENT OF LEASE
 Ofm00902v2.03.22.04

	 	13.	Successors. The provisions of this Agreement shall bind and inure to the benefit of the parties hereto and their respective heirs, representatives, successors and assigns.

  

	 	14.	Tenant’s Representation. Tenant represents that it holds the entire tenant interest in the Lease and that it has not made any assignment, sublease, transfer, conveyance
or other disposition of the Lease or any interest in the Lease. 

  

	 	15.	Executory Authority. Each party executing this Agreement hereby represents and warrants that the individual executing this Agreement on behalf of such party has full power
and authority to bind such party to the terms hereof. 

  

	 	16.	Attorneys’ Fees. In the event that at any time after the date hereof either Landlord of Tenant shall institute any action or proceeding against the other(s) relating to
this Agreement, then and in that event, the party(ies) not prevailing in such action or proceeding shall reimburse the prevailing party for the reasonable expenses of attorneys’ fees and all costs and disbursements incurred therein by the
prevailing party. 

 IN WITNESS WHEREOF, this Agreement has been entered into by the parties as of the day and year
first above written. 
  

							
	LANDLORD:	 	 TYSONS CORNER PROPERTY LLC,
 a Virginia
limited liability company,

			
		 	By:	 	 MACW PROPERTY MANAGEMENT, LLC,
 a New York
limited liability company,
 its property manager

				
		 		 	By:	 	 /s/ Mace Siegel

		 		 	Name:	 	Mace Siegel
		 		 	Its:	 	Chairman
		
	TENANT:	 	 MICROSTRATEGY INCORPORATED,
 a Delaware
corporation

			
		 	By:	 	 /s/ Arthur S. Locke, III

		 	Name:	 	 Arthur S. Locke, III

		 	Title:	 	Vice President and CFO
			
		 	By:	 	 

		 	Name:	 	 

		 	Title:	 	Secretary

  

					
	 1310616.5
 08.14.06
	  	4	  	 AMENDMENT OF LEASE
 Ofm00902v2.03.22.04

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00117-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00117-of-00352.parquet"}]]