Document:

Registration Rights Agreement

 EXHIBIT 10.100 
  
 EXECUTION COPY 
  
 REGISTRATION RIGHTS AGREEMENT 
  
 between 
  
 EQUINIX, INC., 
  
 and 
  
 CITIGROUP GLOBAL
MARKETS INC., 
 as representative of the initial 
 purchasers named in Schedule I hereto 
  
 Dated February 11, 2004 
  
 Registration Rights Agreement (this “Agreement”), dated as of February 11, 2004, between Equinix, Inc., a Delaware corporation (the “Issuer”) and Citigroup Global Markets Inc., as representative (the
“Representative”) of the initial purchasers (the “Initial Purchasers”) named in Schedule I hereto. 
  
 Pursuant to the Purchase Agreement, dated February 5, 2004, between the Issuer and the Initial Purchasers (the “Purchase Agreement”), the
Initial Purchasers have agreed to purchase from the Issuer up to $75,000,000 ($86,250,000 if the Initial Purchasers’ option is exercised in full) in aggregate principal amount of 2.50% Convertible Subordinated Debentures due 2024 (the
“Debentures”). The Debentures will be convertible into fully paid, nonassessable shares of common stock, par value $0.001 per share, of the Issuer (the “Common Stock”) on the terms, and subject to the conditions,
set forth in the Indenture (as defined herein). To induce the Initial Purchasers to purchase the Debentures, the Issuer has agreed to provide the registration rights set forth in this Agreement pursuant to the Purchase Agreement. 
  
 The parties hereby agree as follows: 
  
 1. Definitions. As used in this Agreement, the following capitalized
terms shall have the following meanings: 
  
 Advice: As
defined in Section 4(c)(ii) hereof. 
  
 Agreement: As
defined in the preamble hereto. 
  
 Business Day: A day
other than a Saturday or Sunday or any federal holiday in the United States. 
  
 Commission: Securities and Exchange Commission. 
  

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 Common Stock: As defined in the preamble hereto. 
  
 Damages Payment Date: Each Interest Payment Date. For purposes of this
Agreement, if no Debentures are outstanding, “Damages Payment Date” shall mean each February 15 and August 15. 
  
 Debentures: As defined in the preamble hereto. 
  
 Effectiveness Period: As defined in Section 2(a)(iii) hereof. 
  
 Effectiveness Target Date: As defined in Section 2(a)(ii) hereof. 
  
 Exchange Act: Securities Exchange Act of 1934, as amended. 

 
 Holder: A Person who owns, beneficially or otherwise, Transfer
Restricted Securities. 
  
 Indenture: The Indenture, dated
as of February 11, 2004, between the Issuer and U.S. Bank National Association, as trustee, pursuant to which the Debentures are to be issued, as such Indenture is amended, modified or supplemented from time to time in accordance with the terms
thereof. 
  
 Initial Purchasers: As defined in the preamble
hereto. 
  
 Interest Payment Date: As defined in the
Indenture. 
  
 Issuer: As defined in the preamble hereto.

  
 Liquidated Damages: As defined in Section 3(a) hereof.

  
 Majority of Holders: Holders holding over 50% of the
aggregate principal amount of Debentures outstanding; provided, however, that, for purpose of this definition, a holder of shares of Common Stock which constitute Transfer Restricted Securities and were issued upon conversion of the
Debentures shall be deemed to hold an aggregate principal amount of Debentures (in addition to the aggregate principal amount of Debentures held by such holder) equal to the aggregate principal amount of Debentures converted by such Holder into such
shares of Common Stock. 
  
 NASD: National Association of
Securities Dealers, Inc. 
  
 Offering Memorandum: The
Offering Memorandum dated February 5, 2004 relating to the Debentures 
  
 Person: An individual, partnership, corporation, unincorporated organization, trust, joint venture or a government or agency or political subdivision thereof. 
  
 Prospectus: The prospectus included in a Shelf Registration Statement, as amended or supplemented by any prospectus
supplement and by all other amendments thereto, 

  

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including post-effective amendments, and all material incorporated by reference into such Prospectus. 
  
 Purchase Agreement: As defined in the preamble hereto. 
  
 Questionnaire Deadline: As defined in Section 2(b) hereof. 

 
 Record Holder: With respect to any Damages Payment Date, each
Person who is a Holder on the record date with respect to the Interest Payment Date on which such Damages Payment Date shall occur. In the case of a Holder of shares of Common Stock issued upon conversion of the Debentures, “Record Holder”
shall mean each Person who is a Holder of shares of Common Stock which constitute Transfer Restricted Securities on the February 1 or August 1 immediately preceding the Damages Payment Date. 
  
 Registration Default: As defined in Section 3(a) hereof. 

 
 Securities Act: Securities Act of 1933, as amended. 
  
 Shelf Filing Deadline: As defined in Section 2(a)(i) hereof.

  
 Shelf Registration Statement: As defined in Section
2(a)(i) hereof. 
  
 Suspension Period: As defined in
Section 4(b)(i) hereof. 
  
 TIA: Trust Indenture Act of
1939, as in effect on the date the Indenture is qualified under the TIA. 
  
 Transfer Restricted Securities: Each Debenture and each share of Common Stock issued upon conversion of Debentures until the earlier of: 
  
 (i) the date on which such Debenture or such share of Common Stock issued upon conversion has been
effectively registered under the Securities Act and disposed of in accordance with the Shelf Registration Statement; 
  
 (ii) the date on which such Debenture or such share of Common Stock issued upon conversion is transferred in compliance with Rule 144
under the Securities Act or may be sold or transferred pursuant to Rule 144(k) under the Securities Act (or any other similar provision then in force); or 
  
 (iii) the date on which such Debenture or such share of Common Stock issued upon conversion ceases to be outstanding (whether as a result
of redemption, repurchase and cancellation, conversion or otherwise). 
  
 Underwritten Registration or Underwritten Offering: A registration in which securities of the Issuer are sold to an underwriter for reoffering to the public. 
  

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 2. Shelf Registration. 
  
 (a) The Issuer shall: 
  
 (i) not later than 120 days after the date hereof (the “Shelf Filing Deadline”), use its commercially reasonable best
efforts to cause to be filed a registration statement pursuant to Rule 415 under the Securities Act (the “Shelf Registration Statement”), which Shelf Registration Statement shall provide for resales of all Transfer Restricted
Securities held by Holders that have provided the information required pursuant to the terms of Section 2(b) hereof; 
  
 (ii) use its commercially reasonable best efforts to cause the Shelf Registration Statement to be declared effective by the Commission as
promptly as practicable, but in no event later than 210 days after the date hereof (the “Effectiveness Target Date”); and 
  
 (iii) use its commercially reasonable best efforts to keep the Shelf Registration Statement continuously effective, supplemented and
amended as required by the provisions of Section 4(b) hereof to the extent necessary to ensure that (A) it is available for resales by the Holders of Transfer Restricted Securities entitled to the benefit of this Agreement and (B) conforms with the
requirements of this Agreement and the Securities Act and the rules and regulations of the Commission promulgated thereunder as announced from time to time for a period (the “Effectiveness Period”) of: 
  
 (1) two years following the last date of original issuance of Debentures; or

  
 (2) such shorter period that will terminate when (x) all of
the Holders of Transfer Restricted Securities are able to sell all Transfer Restricted Securities immediately without restriction pursuant to Rule 144(k) under the Securities Act or any successor rule thereto, (y) when all Transfer Restricted
Securities have ceased to be outstanding (whether as a result of redemption, repurchase and cancellation, conversion or otherwise) or (z) all Transfer Restricted Securities registered under the Shelf Registration Statement have been sold.

  
 (b) No Holder may include any of its Transfer Restricted
Securities in the Shelf Registration Statement pursuant to this Agreement unless such Holder furnishes to the Issuer in writing, prior to or on the 20th day after receipt of a request therefor (the “Questionnaire Deadline”), such information as the Issuer may reasonably request, including the information specified in the form of
questionnaire attached as Annex A to the Offering Memorandum, for use in connection with the Shelf Registration Statement or the Prospectus or preliminary Prospectus included therein and in any application to be filed with or under state
securities laws. 
  
 In connection with all such requests for
information from Holders in addition to that set forth in Annex A to the Offering Memorandum, the Issuer shall notify such Holders of the requirements set forth in the preceding sentence. No Holder shall be entitled to Liquidated Damages
pursuant to Section 3 hereof unless such Holder shall have provided all such requested information prior to or on the Questionnaire Deadline. 
  

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 3. Liquidated Damages. 
  
 (a) If: 
  
 (i) the Shelf Registration Statement is not filed with the Commission prior to or on the Shelf Filing Deadline; 
  
 (ii) the Shelf Registration Statement has not been declared
effective by the Commission prior to or on the Effectiveness Target Date; 
  
 (iii) subject to the provisions of Section 4(b)(i) hereof, the Shelf Registration Statement is filed and declared effective but, during the Effectiveness Period, shall thereafter cease to be effective or fail to be
usable for its intended purpose without being succeeded within five Business Days by a post-effective amendment to the Shelf Registration Statement or a report filed with the Commission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange
Act that cures such failure and, in the case of a post-effective amendment, is itself immediately declared effective; or 
  
 (iv) prior to or on the 45th, 60th or 90th day, as the case may be, of any Suspension Period, such suspension has not been terminated 
  
 (each such event referred to in foregoing clauses (i) through (iv), a “Registration Default”), the Issuer hereby agrees to
pay liquidated damages (“Liquidated Damages”) with respect to the Transfer Restricted Securities from and including the day following the Registration Default to but excluding the day on which the Registration Default has been
cured: 
  
 (A) in respect of the Debentures, to
each holder of Debentures, (x) with respect to the first 90-day period during which a Registration Default shall have occurred and be continuing, in an amount per year equal to an additional 0.25% of the principal amount of the Debentures and (y)
with respect to the period commencing on the 91st day following the day the Registration Default shall have occurred
and be continuing, in an amount per year equal to an additional 0.50% of the principal amount of the Debentures; provided that in no event shall Liquidated Damages accrue at a rate per year exceeding 0.50% of the principal amount of the Debentures;
and 
  
 (B) In respect of any shares of Common
Stock, to each holder of shares of Common Stock issued upon conversion of Debentures, (x) with respect to the first 90-day period in which a Registration Default shall have occurred and be continuing, in an amount per year equal to 0.25% of the
principal amount of the converted Debentures and (y) with respect to the period commencing the 91st day following
the day the Registration Default shall have occurred and be continuing, in an amount per year equal to 0.50% of the principal amount of the converted Debentures; provided, however, that in no event shall Liquidated Damages accrue at a
rate per year exceeding 0.50% of the principal amount of the converted Debentures. 
  

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 (b) All accrued Liquidated Damages shall be paid in arrears to Record Holders by the Issuer on each
Damages Payment Date by wire transfer of immediately available funds or by federal funds check. Following the cure of all Registration Defaults relating to any particular Debenture or share of Common Stock, the accrual of Liquidated Damages with
respect to such Debenture or share of Common Stock will cease. 
  
 All obligations of the Issuer set forth in this Section 3 that are outstanding with respect to any Transfer Restricted Security at the time such security ceases to be a Transfer Restricted Security shall survive until such time as all such
obligations with respect to such Transfer Restricted Security shall have been satisfied in full. 
  
 The Liquidated Damages set forth above shall be the exclusive monetary remedy available to the Holders for such Registration Default. 
  
 4. Registration Procedures. 
  
 (a) In connection with the Shelf Registration Statement, the Issuer shall
comply with all the provisions of Section 4(b) hereof and shall use its commercially reasonable best efforts to effect such registration to permit the resale of the Transfer Restricted Securities in accordance with the intended method or methods of
distribution thereof, and pursuant thereto, shall as expeditiously as possible prepare and file with the Commission a Shelf Registration Statement relating to registration on any appropriate form under the Securities Act. 
  
 (b) In connection with the Shelf Registration Statement and any Prospectus
required by this Agreement to permit the resale of Transfer Restricted Securities, the Issuer shall: 
  
 (i) Subject to any notice by the Issuer in accordance with this Section 4(b) of the existence of any fact or event of the kind described
in Section 4(b)(iii)(D), use its commercially reasonable best efforts to keep the Shelf Registration Statement continuously effective during the Effectiveness Period. Upon the occurrence of any event that would cause the Shelf Registration Statement
or the Prospectus contained therein (A) to contain a material misstatement or omission or (B) not be effective and usable for resale of Transfer Restricted Securities during the Effectiveness Period, the Issuer shall file promptly an appropriate
amendment to the Shelf Registration Statement or a report filed with the Commission pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act, in the case of clause (A), correcting any such misstatement or omission, and, in the case of
either clause (A) or (B), use its commercially reasonable best efforts to cause any such amendment to be declared effective and the Shelf Registration Statement and the related Prospectus to become usable for their intended purposes as soon as
practicable thereafter. Notwithstanding the foregoing, the Issuer may suspend or delay the effectiveness of the Shelf Registration Statement by written notice to the Holders for a period not to exceed an aggregate of 45 days in any 90-day period
(each such period, a “Suspension Period”) if: 
  
 (x) an event occurs and is continuing as a result of which the Shelf Registration Statement would, in the Issuer’s reasonable judgment, contain an untrue 

  

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statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading; and

  
 (y) the Issuer reasonably determines that the
disclosure of such event at such time would (i) have a material adverse effect on the business of the Issuer (and its subsidiaries, if any, taken as a whole) or (ii) the disclosure relates to a previously undisclosed proposed or pending material
business transaction, the disclosure of which would impede the Issuer’s ability to consummate such transaction; provided, however, that in the event the disclosure relates to a previously undisclosed proposed or pending material
business transaction, the disclosure of which would impede the Issuer’s ability to consummate such transaction, the Issuer may extend a Suspension Period from 45 days to 60 days; and provided further, that Suspension Periods shall
not exceed an aggregate of 90 days in any 360-day period. 
  
 (ii) Subject to Section 4(b)(i), prepare and file with the Commission such post-effective amendments to the Shelf Registration Statement as may be necessary to keep the Shelf Registration Statement effective during
the Effectiveness Period; cause the Prospectus to be supplemented by any required Prospectus supplement, and as so supplemented to be filed pursuant to Rule 424 under the Securities Act, and to comply fully with the applicable provisions of Rules
424 and 430A under the Securities Act in a timely manner; and comply with the provisions of the Securities Act with respect to the disposition of all securities covered by the Shelf Registration Statement during the applicable period in accordance
with the intended method or methods of distribution by the sellers thereof set forth in the Shelf Registration Statement or Prospectus supplement. Notwithstanding anything contained herein to the contrary, the Issuer shall not be required to
supplement the Shelf Registration Statement for the purpose of naming Holders of Transfer Restricted Securities as selling security holders more than once per fiscal quarter. 
  
 (iii) Advise the selling Holders that have provided the information required by Section 4(d) of this
Agreement, the Representative, and the underwriter(s), if any, promptly (but in any event within five Business Days) and, if requested by such Persons, confirm such advice in writing: 
  
 (A) with respect to the Shelf Registration Statement or any post-effective amendment thereto, when the same
has become effective, and when the Prospectus or any Prospectus supplement or post-effective amendment has been filed, 
  
 (B) of any request by the Commission for amendments to the Shelf Registration Statement or amendments or supplements to the Prospectus or
for additional information relating thereto, 
  
 (C) of the issuance by the Commission of any stop order suspending the effectiveness of the Shelf Registration Statement under the Securities Act or of the suspension by any state securities commission of the qualification of the 

  

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Transfer Restricted Securities for offering or sale in any jurisdiction, or the initiation of any proceeding for any of the preceding purposes, or

  
 (D) of the existence of any fact or the
happening of any event, during the Effectiveness Period, that makes any statement of a material fact made in the Shelf Registration Statement or the Prospectus, any amendment or supplement thereto, or any document incorporated by reference therein
untrue, or that requires the making of any additions to or changes in the Shelf Registration Statement or the Prospectus in order to make the statements therein not misleading. 
  
 If at any time the Commission shall issue any stop order suspending the effectiveness of the Shelf Registration Statement,
or any state securities commission or other regulatory authority shall issue an order suspending the qualification or exemption from qualification of the Transfer Restricted Securities under state securities or Blue Sky laws, the Issuer shall use
its reasonable best efforts to obtain the withdrawal or lifting of such order at the earliest possible time. 
  
 (iv) Before filing any Shelf Registration Statement or Prospectus or any amendment or supplement thereto (other than filings with the
Commission that are automatically incorporated by reference into the Shelf Registration Statement or Prospectus), furnish to the Initial Purchasers copies of all such documents proposed to be filed and use reasonable efforts to reflect in each such
document when so filed with the Commission such comments as the Initial Purchasers shall reasonably propose within three (3) Business Days of the delivery of such copies to the Initial Purchasers. 
  
 (v) If the selling Holders propose to make an underwritten
public offering of the Transfer Restricted Securities, make available at reasonable times for inspection by one or more representatives of the selling Holders, designated in writing by a Majority of Holders whose Transfer Restricted Securities are
included in the Shelf Registration Statement, any underwriter participating in any distribution pursuant to the Shelf Registration Statement and any attorney or accountant retained by such selling Holders or any of the underwriter(s), all financial
and other records, pertinent corporate documents and properties of the Issuer as shall be reasonably necessary to enable them to exercise any applicable due diligence responsibilities, and cause the Issuer’s officers, directors, managers and
employees to supply all information reasonably requested by any such representative or representatives of the selling Holders, underwriter, attorney or accountant in connection with the Shelf Registration Statement after the filing thereof and
before its effectiveness; provided, however, that any information designated by the Issuer as confidential at the time of delivery of such information shall be kept confidential by the recipient thereof. 
  
 (vi) If requested by any selling Holders, the
Representative, or the underwriter(s), if any, promptly incorporate in the Shelf Registration Statement or Prospectus, pursuant to a supplement or post-effective amendment if necessary, such information as such selling Holders, the Representative,
and such underwriter(s), if any, may reasonably request to have included therein, including, without limitation: (1) information relating to the “Plan of Distribution” of the Transfer Restricted Securities, (2) information with respect to
the principal amount of Debentures or number of shares of Common Stock being 

  

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sold to such underwriter(s), (3) the purchase price being paid therefor and (4) any other terms of the offering of the Transfer Restricted Securities to be
sold in such offering; and make all required filings of such Prospectus supplement or post-effective amendment as soon as reasonably practicable after the Issuer is notified of the matters to be incorporated in such Prospectus supplement or
post-effective amendment. Notwithstanding the foregoing, following the effective date of the Shelf Registration Statement, the Issuer shall not be required to file more than one such supplement or post-effective amendment to reflect changes in the
amount of Debentures held by any particular Holder at the request of such Holder in any fiscal quarter. 
  
 (vii) Furnish to each selling Holder, the Representative, and each of the underwriter(s), if any, without charge, at least one copy of the
Shelf Registration Statement, as first filed with the Commission, and of each amendment thereto as such Person may request). 
  
 (viii) Deliver to each selling Holder, the Representative, and each of the underwriter(s), if any, without charge, as many copies of the
Prospectus (including each preliminary prospectus) and any amendment or supplement thereto as such Persons reasonably may request; subject to any notice by the Issuer in accordance with this Section 4(b) of the existence of any fact or event of the
kind described in Section 4(b)(iii)(D), the Issuer hereby consents to the use of the Prospectus and any amendment or supplement thereto by each of the selling Holders and each of the underwriter(s), if any, in connection with the offering and the
sale of the Transfer Restricted Securities covered by the Prospectus or any amendment or supplement thereto. 
  
 (ix) If an underwriting agreement is entered into and the registration is an Underwritten Registration, the Issuer shall: 
  
 (A) upon request, furnish to each selling Holder and the
underwriter(s), if any, in such substance and scope as they may reasonably request and as are customarily made by issuers to underwriters in primary underwritten offerings, upon the date of closing of any sale of Transfer Restricted Securities in an
Underwritten Registration: (1) a certificate, dated the date of such closing, signed by the Chief Financial Officer of the Issuer confirming, as of the date thereof, the matters set forth in Section 6(e) of the Purchase Agreement and such other
matters as such parties may reasonably request; (2) opinions, each dated the date of such closing, of counsel to the Issuer covering such of the matters set forth in Sections 6(a), 6(b) and 6(c) of the Purchase Agreement as are customarily covered
in legal opinions to underwriters in connection with primary underwritten offerings of securities; and (3) customary comfort letters, dated the date of such closing, from the Issuer’s independent certified public accountants (and from any other
accountants whose report is contained or incorporated by reference in the Shelf Registration Statement), in the customary form and covering matters of the type customarily covered in comfort letters to underwriters in connection with primary
underwritten offerings of securities; 
  

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 (B) set forth in full in the underwriting agreement, if any, indemnification provisions
and procedures which provide rights no less protective than those set forth in Section 6 hereof with respect to all parties to be indemnified; and 
  
 (C) deliver such other documents and certificates as may be reasonably requested by such parties to evidence compliance with clause (A)
above and with any customary conditions contained in the underwriting agreement or other agreement entered into by the selling Holders pursuant to this clause (ix). 
  
 (x) Before any public offering of Transfer Restricted Securities, cooperate with the selling Holders, the
underwriter(s), if any, and their respective counsel in connection with the registration and qualification of the Transfer Restricted Securities under the securities or Blue Sky laws of such jurisdictions as the selling Holders or underwriter(s), if
any, may reasonably request and do any and all other acts or things necessary or advisable to enable the disposition in such jurisdictions of the Transfer Restricted Securities covered by the Shelf Registration Statement; provided,
however, that the Issuer shall not be required (A) to register or qualify as a foreign corporation or a dealer of securities where it is not now so qualified or to take any action that would subject it to the service of process in any
jurisdiction where it is not now so subject or (B) to subject itself to taxation in any such jurisdiction if they are not now so subject. 
  
 (xi) Cooperate with the selling Holders and the underwriter(s), if any, to facilitate the timely preparation and delivery of certificates
representing Transfer Restricted Securities to be sold and, when issued to the purchasers of Transfer Restricted Securities pursuant to the Shelf Registration Statement, not bearing any restrictive legends (unless required by applicable securities
laws); and enable such Transfer Restricted Securities to be in such denominations and registered in such names as the selling Holders or the underwriter(s), if any, may request at least five Business Days before any sale of Transfer Restricted
Securities made by the selling Holders or such underwriter(s). 
  
 (xii) Use its commercially reasonable best efforts to cause the Transfer Restricted Securities covered by the Shelf Registration Statement to be registered with or approved by such other U.S. governmental agencies or
authorities as may be necessary to enable the seller or sellers thereof or the underwriter(s), if any, to consummate the disposition of such Transfer Restricted Securities. 
  
 (xiii) Subject to Section 4(b)(i) hereof, if any fact or event contemplated by Section 4(b)(iii)(D) hereof
shall exist or have occurred, use its commercially reasonable best efforts to prepare a supplement or post-effective amendment to the Shelf Registration Statement or related Prospectus or any document incorporated therein by reference or file any
other required document so that, as thereafter delivered to the purchasers of Transfer Restricted Securities, the 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 not misleading. 
  
 (xiv) Provide CUSIP numbers for all Transfer Restricted Securities not later than the effective date of the Shelf Registration Statement and provide the Trustee under 

  

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the Indenture with certificates for the Debentures that are in a form eligible for deposit with The Depository Trust Company. 
  
 (xv) Cooperate with respect to any filings required to be
made with the NASD and in the performance of any due diligence investigation by any underwriter that is required to be retained in accordance with the rules and regulations of the NASD. 
  
 (xvi) Otherwise use its commercially reasonable best efforts to comply with all applicable rules and
regulations of the Commission and all reporting requirements under the rules and regulations of the Exchange Act. 
  
 (xvii) Cause the Indenture to be qualified under the TIA not later than the effective date of the Shelf Registration Statement required by
this Agreement, and, in connection therewith, cooperate with the Trustee and the holders of Debentures to effect such changes to the Indenture as may be required for such Indenture to be so qualified in accordance with the terms of the TIA; and
execute and use its commercially reasonable best efforts to cause the Trustee thereunder to execute all documents that may be required to effect such changes and all other forms and documents required to be filed with the Commission to enable such
Indenture to be so qualified in a timely manner. 
  
 (xviii) Cause all Transfer Restricted Securities covered by the Shelf Registration Statement to be listed or quoted, as the case may be, on each securities exchange or automated quotation system on which similar securities issued by the
Issuer are then listed or quoted. 
  
 (xix) Make
available to each Holder upon written request each document filed with the Commission pursuant to the requirements of Section 13 and Section 15 of the Exchange Act after the effective date of the Shelf Registration Statement. 
  
 (xx) If reasonably requested by the underwriters, make
appropriate officers of the Issuer reasonably available to the underwriters for meetings with prospective purchasers of the Transfer Restricted Securities and prepare and present to potential investors customary “road show” material in a
manner consistent with new issuances of other securities similar to the Transfer Restricted Securities. 
  
 (xxi) Use its commercially reasonable best efforts to obtain a waiver from each person who would otherwise have the right to have
securities of the Issuer (other than Transfer Restricted Securities) registered on the Shelf Registration Statement required by this Agreement. To the extent the Issuer does not receive such waivers, it will use its commercially reasonable best
efforts to obtain the consent of such persons from whom waivers are not obtained to file a separate registration statement with respect to all such other registrable securities, rather than include them in the Shelf Registration Statement and, upon
receipt of such consent, to register such registrable securities in accordance therewith. 
  
 (c) Each Holder agrees by acquisition of a Transfer Restricted Security that, upon receipt of any notice from the Issuer of the existence of any fact of the kind described in Section 4(b)(iii)(D) hereof, such Holder
will, and will use its reasonable best efforts to cause any 

  

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underwriter(s) in an Underwritten Offering to, forthwith discontinue disposition of Transfer Restricted Securities pursuant to the Shelf Registration
Statement until: 
  
 (i) such Holder has received
copies of the supplemented or amended Prospectus contemplated by Section 4(b)(xiii) hereof; or 
  
 (ii) such Holder is advised in writing (the “Advice”) by the Issuer that the use of the Prospectus may be resumed, and
has received copies of any additional or supplemental filings that are incorporated by reference in the Prospectus. If so directed by the Issuer, each Holder will deliver to the Issuer (at the Issuer’s expense) all copies, other than permanent
file copies then in such Holder’s possession, of the Prospectus covering such Transfer Restricted Securities that was current at the time of receipt of such notice of suspension. 
  
 (d) Each Holder who intends to be named as a selling Holder in the Shelf Registration Statement shall furnish to the Issuer
in writing, prior to or on the 20th day after receipt of a request therefor as set forth in a questionnaire, such
information regarding such Holder and the proposed distribution by such Holder of its Transfer Restricted Securities as the Issuer may reasonably request for use in connection with the Shelf Registration Statement or Prospectus or preliminary
Prospectus included therein. (The form of the questionnaire is attached as Annex A to the Offering Memorandum). Holders that do not complete the questionnaire and deliver it to the Issuer shall not be named as selling securityholders in the
Prospectus or preliminary Prospectus included in the Shelf Registration Statement and therefore shall not be permitted to sell any Transfer Restricted Securities pursuant to the Shelf Registration Statement. Each Holder who intends to be named as a
selling Holder in the Shelf Registration Statement shall promptly furnish to the Issuer in writing such other information as the Issuer may from time to time reasonably request in writing. Each Holder as to which the Shelf Registration Statement is
being effected agrees to furnish promptly to the Issuer all information required to be disclosed in order to make information previously furnished to the Issuer by such Holder not materially misleading. 
  
 5. Registration Expenses. 
  
 (a) Except as provided in Sections 8 and 9, all expenses incident to the
Issuer’s performance of or compliance with this Agreement shall be borne by the Issuer regardless of whether a Shelf Registration Statement becomes effective, including, without limitation: 
  
 (i) all registration and filing fees and expenses (including
filings made by any Initial Purchaser, Holders or underwriters with the NASD); 
  
 (ii) all fees and expenses of compliance with federal securities and state Blue Sky or securities laws; 
  
 (iii) all expenses of printing (including printing of
Prospectuses and certificates for the Common Stock to be issued upon conversion of the Debentures), messenger and delivery services and telephone; 
  
 (iv) all fees and disbursements of counsel to the Issuer and, subject to Section 5(b) below, the Holders of Transfer Restricted
Securities; 
  

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 (v) all application and filing fees in connection with listing (or authorizing for
quotation) the Common Stock on a national securities exchange or automated quotation system pursuant to the requirements hereof; and 
  
 (vi) all fees and disbursements of independent certified public accountants of the Issuer (including the expenses of any special audit and
comfort letters required by or incident to such performance). 
  
 The Issuer shall
bear its internal expenses (including, without limitation, all salaries and expenses of their officers and employees performing legal, accounting or other duties), the expenses of any annual audit and the fees and expenses of any Person, including
special experts, retained by the Issuer. 
  
 (b) In connection
with the review of the Shelf Registration Statement and other documents referred to in this Agreement, the Issuer shall, against a reasonably detailed invoice therefor, reimburse the Representative, on behalf of the Initial Purchasers, and the
Holders of Transfer Restricted Securities being registered pursuant to the Shelf Registration Statement, for the reasonable fees and disbursements of not more than one counsel, which shall be Cahill Gordon & Reindel LLP, or such other counsel as
may be chosen by a Majority of Holders for whose benefit the Shelf Registration Statement is being prepared. 
  
 6. Indemnification and Contribution. 
  
 (a) The Issuer agrees to indemnify and hold harmless each Initial Purchaser, each Holder whose securities are included in a Shelf Registration Statement,
each Person who participates as an underwriter (any such Person being an “Underwriter”) and each Person, if any, who controls any Initial Purchaser, Holder or Underwriter within the meaning of either Section 15 of the Securities Act
or Section 20 of the Exchange Act as follows: 
  
 (i) against any and all loss, liability, claim, damage and expense whatsoever, as incurred, arising out of any untrue statement or alleged untrue statement of a material fact contained in such Shelf Registration Statement (or any amendment
thereto), including all documents incorporated therein by reference, or the omission or alleged omission therefrom of a material fact required to be stated therein or necessary to make the statements therein not misleading, or arising out of any
untrue statement or alleged untrue statement of a material fact contained in any Prospectus (or any amendment or supplement thereto) or the omission or alleged omission therefrom of a material fact necessary in order to make the statements therein,
in the light of the circumstances under which they were made, not misleading; 
  
 (ii) against any and all loss, liability, claim, damage and expense whatsoever, as incurred, to the extent of the aggregate amount paid in settlement of any litigation, or any investigation or proceeding by any
governmental agency or body, commenced or threatened, or of any claim whatsoever based upon any such untrue statement or omission, or any such alleged untrue statement or omission; provided, however that (subject to Section 6(d) below)
any such settlement is effected with the written consent of the Issuer; and 
  

 -13- 

 (iii) against any and all expense whatsoever, as incurred (including the fees and
disbursements of counsel chosen by any indemnified party), reasonably incurred in investigating, preparing or defending against any litigation, or any investigation or proceeding by any governmental agency or body, commenced or threatened, or any
claim whatsoever based upon any such untrue statement or omission, or any such alleged untrue statement or omission, to the extent that any such expense is not paid under subparagraph (i) or (ii) above; provided, however, that this
indemnity agreement shall not apply to any loss, liability, claim, damage or expense to the extent arising out of any untrue statement or omission or alleged untrue statement or omission made in reliance upon and in conformity with written
information furnished to the Issuer by the Initial Purchasers, such Holder or such Underwriter expressly for use in a Shelf Registration Statement (or any amendment thereto) or any Prospectus (or any amendment or supplement thereto). 
  
 (b) Each Holder whose securities are included in a Shelf Registration
Statement, severally but not jointly, agrees to indemnify and hold harmless the Issuer, the Initial Purchasers, each Underwriter and the other selling Holders and each Person, if any, who controls the Issuer, the Initial Purchasers, any Underwriter
or any other selling Holder within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act, against any and all loss, liability, claim, damage and expense described in the indemnity contained in Section 6(a) hereof, as
incurred, but only with respect to untrue statements or omissions, or alleged untrue statements or omissions, made in such Shelf Registration Statement (or any amendment thereto) or any Prospectus (or any amendment or supplement thereto) in reliance
upon and in conformity with written information with respect to such Holder furnished to the Issuer by such Holder expressly for use in such Shelf Registration Statement (or any amendment thereto) or such Prospectus (or any amendment or supplement
thereto); provided, however, that no such Holder shall be liable for any claims hereunder in excess of the amount of net proceeds received by such Holder from the sale of Transfer Restricted Securities pursuant to such Shelf
Registration Statement. 
  
 (c) Each indemnified party shall give
notice as promptly as reasonably practicable to each indemnifying party of any action or proceeding commenced against it in respect of which indemnity may be sought hereunder, but failure to so notify an indemnifying party shall not relieve such
indemnifying party from any liability hereunder to the extent it is not materially prejudiced as a result thereof and in any event shall not relieve it from any liability which it may have otherwise than on account of this indemnity agreement. An
indemnifying party may participate at its own expense in the defense of such action; provided, however, that counsel to the indemnifying party shall not (except with the consent of the indemnified party) also be counsel to the
indemnified party. In no event shall the indemnifying party or parties be liable for the fees and expenses of more than one counsel (in addition to any local counsel) separate from their own counsel for all indemnified parties in connection with any
one action or separate but similar or related actions in the same jurisdiction arising out of the same general allegations or circumstances. No indemnifying party shall, without the prior written consent of the indemnified parties, settle or
compromise or consent to the entry of any judgment with respect to any litigation, or any investigation or proceeding by any governmental agency or body, commenced or threatened, or any claim whatsoever in respect of which indemnification or
contribution could be sought under this Section 6 (whether or not the indemnified parties are actual or potential parties thereto), unless such settlement, compromise or consent (i) includes an unconditional release of each indemnified party from
all liability arising out of such litigation, investigation, proceeding 

  

 -14- 

 
or claim and (ii) does not include a statement as to or an admission of fault, culpability or a failure to act by or on behalf of any indemnified party.

  
 (d) If at any time an indemnified party shall have requested
an indemnifying party to reimburse the indemnified party for fees and expenses of counsel, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by Section 6(a)(ii) effected without its written consent
if (i) such settlement is entered into more than 45 days after receipt by such indemnifying party of the aforesaid request, (ii) such indemnifying party shall have received notice of the terms of such settlement at least 30 days prior to such
settlement being entered into and (iii) such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement; provided, however, that an indemnifying party shall
not be liable for any such settlement if such indemnifying party (1) reimburses such indemnified party in accordance with such request for the amount of such fees and expenses of such counsel as the indemnifying party believes in good faith to be
reasonable and (2) provides written notice to the indemnified party and the indemnifying party disputes in good faith the reasonableness of the unpaid balance of such fees and expenses. 
  
 (e) If the indemnification provided for in this Section 6 is for any reason unavailable to or insufficient to hold harmless
an indemnified party in respect of any losses, liabilities, claims, damages or expenses referred to therein, then each indemnifying party shall contribute to the aggregate amount of such losses, liabilities, claims, damages and expenses incurred by
such indemnified party, as incurred, (i) in such proportion as is appropriate to reflect the relative benefits received by the Issuer from the offering and sale of the Transfer Restricted Securities on the one hand and a Holder with respect to the
sale by the Holder of the Transfer Restricted Securities on the other hand; or (ii) if the allocation provided by clause (i) is not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred
to in clause (i) but also the relative fault of the indemnifying party or parties on the one hand and the indemnified party or parties on the other hand in connection with the statements or omissions which resulted in such losses, liabilities,
claims, damages or expenses, as well as any other relevant equitable considerations. 
  
 The relative benefits received by the Issuer on the one hand and a Holder on the other hand with respect to such offering and such sale shall be deemed to be in the same proportion as the total net proceeds from the
offering of the Debentures purchased under the Purchase Agreement (before deducting expenses) received by the Issuer, as set forth in the Offering Memorandum on the one hand bear to the total net proceeds received by such Holder with respect to its
sale of Transfer Restricted Securities on the other. The relative fault of the indemnifying party or parties on the one hand and the indemnified party or parties on the other hand shall be determined by reference to, among other things, whether any
such untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact relates to information supplied by the indemnifying party or parties on the one hand or the indemnified party or parties on the other
hand and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. 
  
 The parties hereto agree that it would not be just and equitable if contribution pursuant to this Section 6 were determined by pro rata allocation or by
any other method of 

  

 -15- 

 
allocation which does not take account of the equitable considerations referred to above in this Section 6. The aggregate amount of losses, liabilities,
claims, damages and expenses incurred by an indemnified party and referred to above in this Section 6 shall be deemed to include any legal or other expenses reasonably incurred by such indemnified party in investigating, preparing or defending
against any litigation, or any investigation or proceeding by any governmental agency or body, commenced or threatened, or any claim whatsoever based upon any such untrue or alleged untrue statement or omission or alleged omission. 
  
 Notwithstanding the provisions of this Section 6, no Holder shall be required
to contribute any amount in excess of the amount by which the total price at which the Transfer Restricted Securities purchased by it were resold exceeds the amount of any damages which such Holder has otherwise been required to pay by reason of any
untrue or alleged untrue statement or omission or alleged omission. The Holders’ obligations to contribute as provided in this Section 6(e) are several and not joint. 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. 
  
 For purposes of this Section 6, each Person, if any, who controls an Initial Purchaser, a Holder or an Underwriter within the meaning of Section 15 of the
Securities Act or Section 20 of the Exchange Act shall have the same rights to contribution as such Initial Purchaser, such Holder or such Underwriter, and each director of the Issuer, and each Person, if any, who controls the Issuer within the
meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act shall have the same rights to contribution as the Issuer. 
  
 7. Rule 144A. In the event the Issuer is not subject to Section 13 or 15(d) of the Exchange Act, the Issuer hereby agrees with each Holder, for so
long as any Transfer Restricted Securities remain outstanding, to make available to any Holder or beneficial owner of Transfer Restricted Securities in connection with any sale thereof and any prospective purchaser of such Transfer Restricted
Securities from such Holder or beneficial owner, the information required by Rule 144A(d)(4) under the Securities Act in order to permit resales of such Transfer Restricted Securities pursuant to Rule 144A. 
  
 8. Participation in Underwritten Registrations. No Holder may
participate in any Underwritten Registration hereunder unless such Holder: 
  
 (i) agrees to sell such Holder’s Transfer Restricted Securities on the basis provided in any underwriting arrangements approved by the Persons entitled hereunder to approve such arrangements, and 
  
 (ii) completes and executes all reasonable questionnaires,
powers of attorney, indemnities, underwriting agreements, lock-up letters and other documents required under the terms of such underwriting arrangements. 
  
 The Holders participating in any underwritten offering shall be responsible for any expenses customarily borne by selling security holders, including underwriting
discounts and commissions and fees and expenses of counsel to the selling securities holders, and shall reimburse the 

  

 -16- 

 
Company for the fees and disbursements of their counsel, their independent public accountants and any printing expenses incurred in connection with such
Underwritten Offering. 
  
 9. Selection of Underwriters.
The Holders of Transfer Restricted Securities covered by the Shelf Registration Statement who desire to do so may sell such Transfer Restricted Securities in an Underwritten Offering so long as at least 25% of the Transfer Restricted Securities are
included in the Underwritten Offering. In any such Underwritten Offering, the investment banker or investment bankers and manager or managers that will administer the offering will be selected by a Majority of Holders whose Transfer Restricted
Securities are included in such offering; provided, that such investment bankers and managers must be reasonably satisfactory to the Issuer. Without limiting the Company’s rights in Section 4(a)(i), and notwithstanding the foregoing or the
provisions of Section 4(b)(iv) hereof, upon receipt of a request to prepare and file an amendment or supplement to the Shelf Registration Statement or Prospectus in connection with an Underwritten Offering, the Company may delay the filing of such
amendment or supplement for up to 60 days if the Company in good faith has a valid business reason for such delay. 
  
 10. Miscellaneous. 
  
 (a) Remedies. The Issuer acknowledges and agrees that any failure by the Issuer to comply with its obligations under Section 2 hereof may result in
material irreparable injury to the Initial Purchasers or the Holders for which there is no adequate remedy at law, that it will not be possible to measure damages for such injuries precisely and that, in the event of any such failure, the Initial
Purchasers or any Holder may obtain such relief as may be required to specifically enforce the Issuer’s obligations under Section 2 hereof. The Issuer further agrees to waive the defense in any action for specific performance that a remedy at
law would be adequate. 
  
 (b) Adjustments Affecting Transfer
Restricted Securities. The Issuer shall not, directly or indirectly, take any action with respect to the Transfer Restricted Securities as a class that would adversely affect the ability of the Holders to include such Transfer Restricted
Securities in a registration undertaken pursuant to this Agreement. 
  
 (c) No Inconsistent Agreements. The Issuer will not, on or after the date of this Agreement, enter into any agreement with respect to its securities that is inconsistent with the rights granted to the Holders in this Agreement or
otherwise conflicts with the provisions hereof. In addition, the Issuer shall not, on or after the date hereof, grant to any of its security holders (other than the holders of Transfer Restricted Securities in such capacity) the right to include any
of its securities in the Shelf Registration Statement provided for in this Agreement other than the Transfer Restricted Securities. Except as disclosed in the Offering Memorandum, the Issuer has not previously entered into any agreement (which has
not expired or been terminated) granting any registration rights with respect to its securities to any Person which rights conflict with the provisions hereof. 
  

(d) Amendments and Waivers. This Agreement may not be amended, modified or supplemented, and waivers or consents to or departures from the
provisions hereof may not be given, unless the Issuer has obtained the written consent of a Majority of Holders. 
  

 -17- 

 (e) Notices. All notices and other communications provided for or permitted hereunder shall be
made in writing by hand-delivery, first-class mail (registered or certified, return receipt requested), telex, telecopier, or air courier guaranteeing overnight delivery: 
  
 (i) if to a Holder, at the address set forth on the records of the registrar under the Indenture or the
transfer agent of the Common Stock, as the case may be; and 
  
 (ii) if to the Issuer: 
  
 Equinix, Inc. 
 301 Velocity Way, 5th Floor 
 Foster City, California 94404 
 Attention: Brandi L. Galvin 
  
 With a copy (which shall not constitute notice) to: 
  
 Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP 

155 Constitution Drive 
 Menlo Park,
California 94025 
 Attention: Scott Dettmer, Esq. 
  
 All such notices and communications shall be deemed to have been duly given and received by the addressee: at the time delivered by hand, if personally delivered; five
Business Days after being deposited in the mail, postage prepaid, if mailed; when answered back, if telexed; when receipt acknowledged, if telecopied; and on the next Business Day, if timely delivered to an air courier guaranteeing overnight
delivery. 
  
 (f) Successors and Assigns. This Agreement
shall inure to the benefit of and be binding upon the successors and assigns of each of the parties, including without limitation and without the need for an express assignment, subsequent Holders of Transfer Restricted Securities; provided,
however, that (i) this Agreement shall not inure to the benefit of or be binding upon a successor or assign of a Holder unless and to the extent such successor or assign acquired Transfer Restricted Securities from such Holder and (ii) nothing
contained herein shall be deemed to permit any assignment, transfer or other disposition of Transfer Restricted Securities in violation of the terms of the Purchase Agreement or the Indenture. If any transferee of any Holder shall acquire Transfer
Restricted Securities, in any manner, whether by operation of law or otherwise, such Transfer Restricted Securities shall be held subject to all of the terms of this Agreement, and by taking and holding such Transfer Restricted Securities such
person shall be conclusively deemed to have agreed to be bound by and to perform all of the terms and provisions of this Agreement. 
  
 (g) 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. 
  
 (h) Securities Held by the Issuer or Their Affiliates. Whenever the consent or approval of Holders of a specified percentage of Transfer Restricted
Securities is required 

  

 -18- 

 
here-under, Transfer Restricted Securities held by the Issuer or its “affiliates” (as such term is defined in Rule 405 under the Securities Act)
shall not be counted in determining whether such consent or approval was given by the Holders of such required percentage. 
  
 (i) Headings. The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect the meaning hereof.

  
 (j) Governing Law. This Agreement shall be governed by,
and construed in accordance with, the law of the State of New York. 
  
 (k) Severability. If 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. 
  
 (l) 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 Issuer with respect to the Transfer Restricted Securities. This Agreement supersedes all prior agreements and understandings between the parties with respect to such subject matter. 
  

 -19- 

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

  

			
	EQUINIX, INC.
		
	By:	 	 /s/ RENEE F. LANAM

	 	 	

	 	 	 Name: Renée F. Lanam

	 	 	 Title:   Chief Financial Officer

  

 -20- 

			
	Accepted as of the date first set forth above:
		
	By:	 	Citigroup Global Markets Inc. for itself and the other Initial Purchasers, if any, named in Schedule I to the foregoing Agreement.
		
	 	 	CITIGROUP GLOBAL MARKETS INC.
		
	 By:
	 	/s/ JONATHAN F. MAUCK
	 	 	

	 	 	 Name: Jonathan F. Mauck

	 	 	 Title:   Vice President

  
  

 -21- 

 SCHEDULE I 
  

				
	 Initial Purchasers

	  	Principal Amount
of Firm Securities
to be Purchased

	 Citigroup Global Markets Inc
	  	$	67,500,000
	 SG Cowen Securities Corporation
	  	$	7,500,000
	 Total
	  	$	75,000,000First Amendment to Lease Agreement

 EXHIBIT 10.101 
  
 July 15, 2003 
  
 Kristine Mostofizadeh 
 Equinix Operating Co., Inc. 
 301 Velocity Way, 5th Floor

 Foster City, CA 94404 
  
 Re: First Amendment to Lease Agreement dated September 1, 1999, between Lakeside Purchaser, L.L.C., as successor in interest to Carlyle-Core Chicago,
LLC, and Equinix Operating Co., Inc., as successor in interest to Equinix, Inc., a Delaware corporation. 
  
 Dear Ms. Mostofizadeh, 
  
 This letter shall
constitute (a) a First Amendment (“First Amendment”) to that certain Lease Agreement dated September 1, 1999 (the “Lease”) between Lakeside Purchaser, L.L.C. (“Landlord”) as successor in interest to Carlyle-Core
Chicago, LLC, and Equinix Operating Co., Inc. (“Tenant”), as successor in interest to Equinix, Inc., with regard to Tenant’s use of certain manhole and conduit space at Lakeside Technology Center located at 350 East Cermak Road,
Chicago, Illinois (the “Building”), and (b) an agreement to terminate that certain Outside Conduit Access Agreement, dated March 9, 2001, between Tenant and Carlyle-Core Chicago, LLC (the “Outside Conduit Access Agreement”).

  
 1. Amendment of Section 5 of Lease. Landlord and Tenant hereby agree to
amend the Lease by incorporating the following Sections 5(d), (e), (f), (g), and (h) into the Lease: 
  
 “5(d) Fiber Path Entry 
  
 Tenant
shall have: 
  

	 	(i)	the non-exclusive right to use the existing “Exterior Fiber Vault Manholes”, Numbers 3 and 5, and the existing “Conduit Pathways” between such Exterior
Fiber Vault Manholes and the associated Building “Interior Fiber Vaults”, subject to the terms and conditions outlined in this First Amendment; and 

  

	 	(ii)	the exclusive right to use the conduits and innerducts described in subparagraphs (A)-(D) below (‘“Exterior Conduits”), subject to the terms and conditions outlined
in this First Amendment: 

  
 (A) Three (3) four
inch (4”) conduits or twelve (12) one and one/quarter inch (1-1/4”) innerducts or a combination thereof not to exceed seventy-five (75) square inches of manhole surface area of penetration in the Exterior Fiber Vault 

  

 
Manhole 3 located at East 22nd Street and South Prairie Avenue (i.e. Phase 6B); provided, however, that Tenant shall have the right to utilize only four (4)
one and one/quarter inch (1-1/4”) smooth wall innerducts extending from Exterior Fiber Vault Manhole 3, as described in subparagraph (B) below. 
  
 (B) Three (3) one and one/quarter inch (1-1/4”) innerducts contained within one (1) four inch (4”) conduit, and one (1) one and one/quarter inch
(1- 1/4”) innerduct number 04 contained within another four inch (4”) conduit as designated by Landlord, within the existing Conduit Pathway between the Exterior Fiber Vault Manhole 3 located at East 22nd Street and South Prairie Avenue
(i.e. Phase 6B) and the associated Interior Fiber Vault located in the lower level of the Building (Northwest corner of 350 East Cermak Road). 
  
 (C) Three (3) four inch (4”) conduits or twelve (12) one and one/quarter inch (1-1/4”) innerducts or a combination thereof not to exceed
seventy-five (75) square inches of manhole surface area of penetration in the Exterior Fiber Vault Manhole 5 located at South Calumet Avenue near East Cullerton Street (i.e. Phase 7); provided, however, that Tenant shall have the right to utilize
only four (4) one and one/quarter inch (1-1/4”) smooth wall innerducts extending from Exterior Fiber Vault Manhole 5, as described in subparagraph (D) below. 
  
 (D) Three (3) one and one/quarter inch (1-1/4”) innerducts contained within one (1) four inch (4”) conduit, and
one (1) one and one/quarter inch (1-1/4”) innerduct number 29 in another four inch (4”) conduit as designated by Landlord, within the existing Conduit Pathway between the Exterior Fiber Vault Manhole 5 located at South Calumet
Avenue near East Cullerton Street (i.e. Phase 7) and the associated Interior Fiber Vault located in the lower level of the Building (Northeast comer of 350 East Cermak Road). 
  

	 	(iii)	In addition to the rights granted above, Tenant, with Landlord’s prior written approval not to be unreasonably withheld or delayed, shall have the right to replace
Landlord’s installed one and one/quarter inch (1-1/4’”) innerducts (excluding innerduct number 04 and innerduct number 29) contained within each of the four inch (4”) conduits described in subparagraphs (B) and (D) at
Tenant’s sole cost, expense, and liability, with an innerduct of a quantity and size as solely determined by Tenant. Tenant shall have the exclusive right to use each additional innerduct gained by Tenant’s replacement of Landlord’s
innerduct, subject to all terms and conditions of this First Amendment. 

  

	(e)	Fees 

  
 Landlord acknowledges that Tenant has paid the following fees in connection with the rights granted in Section 5(d), and that no other fees shall be due and owing to Landlord for the same in connection with such
rights (with the exception of management fees which are hereinafter described); 
  

 (i) one time fee of one hundred forty-four thousand nine hundred and no/100 Dollars ($144,900.00) for the
use of the Exterior Conduits (excluding innerduct number 04 and innerduct number 29) in the locations specified above (1,619 linear fee at $90.00 per linear foot); and 
  
 (ii) one time fee of forty-five thousand and no/100 Dollars ($45,000.00) for the Exterior Conduits (excluding innerduct
number 04 and innerduct 29) penetrations described above into the Interior Fiber Vaults (6-1 1⁄4” innerduct penetrations at $7,500.00 each). 
  
 Within thirty (30) days after receipt of invoice, Tenant shall pay Landlord its reasonable costs of managing and monitoring Tenant’s penetrations into the Exterior
Fiber Vault Manholes at the authorized points of penetration. For sixty (60) days following payment of Landlord’s invoice, Tenant shall have the right to audit Landlord’s books and records regarding such costs in accordance with Section
4(b)(iii) of the Lease. 
  
 All fees payable pursuant to the provisions of this
Section 5(e) shall constitute Additional Rent under the Lease. 
  

	(f)	Use 

  
 Tenant has the right to use Tenant’s allotment (as described in Section 5(d)) of Exterior Conduits, Exterior Fiber Vault Manholes, Conduit Pathways, Interior Fiber Vaults, and Risers within and around the
Building as a means to bring telecommunication carriers and providers and/or utilities (as solely designated by Tenant) to the Building and/or the Premises, for the use of Tenant, Tenant’s customers and telecommunication carriers and providers
of Tenant and/or Tenant’s customers, in their normal business operations, regardless of whether such telecommunication carrier or provider is a Building occupant; provided however, Tenant shall not have the right to connect to providers,
Tenant’s customers or other tenants in the Building at any place in the Building, other than the Building’s Meet Me Room or in Tenant’s Premises. The Exterior Conduits shall be located along a physical route reasonably designated by
Landlord, and shall be installed in a manner approved by Landlord, which approval shall be obtained by Tenant utilizing the guidelines and procedures identified in Section 5(g) below. All penetrations into the Building must come through the
Landlord’s Exterior Fiber Vault Manholes. Tenant’s use of the Building’s Meet Me Room shall be subject to the terms, fees and standard practices of the Building’s Meet Me Room, managed by EP Connect, L.L.C. 
  

	(g)	Installation Process 

  
 Tenant shall comply with Landlord’s standards and procedures for access and use of the Exterior Conduits including, but not be limited to, the following: 
  
 (i) Tenant shall request a manhole assignment from the Landlord, at each of
the Exterior Fiber Vault Manholes, at a location specified by Landlord in the public way, at least 5 business days prior to the date of planned penetration 

  

 
(Landlord response expected to be 24 hours). Landlord’s consent to such request shall not be unreasonably withheld, conditioned or delayed. Upon receipt
of the assignment from Landlord, Tenant shall provide Landlord a proposed elevation drawing and shall arrange with Landlord to establish a dig line for penetration. 
  
 (ii) Within 5 business days after receipt of Tenant’s request for a manhole assignment, Landlord shall arrange for a
designated representative to be on-site for the entire period of Tenant’s manhole entry. Tenant shall not enter any manhole without a representative of Landlord being present. 
  
 (iii) Tenant shall ensure that Tenant’s manholes, and/or manholes of Tenant’s network providers, are not placed
within one hundred (100) feet of any Exterior Fiber Vault Manhole to aid in the protection and preservation of access to the Building by other Building tenants and/or their network providers. 
  
 (iv) Tenant shall not splice telecommunication cable within the Exterior
Fiber Vault Manholes. Splicing or transition of telecommunication cable shall only be permitted within space reasonably allocated to Tenant by Landlord to accommodate the Exterior Conduits within the Interior Fiber Vaults. 
  
 (v) A maximum length of service loop must be approved by Landlord within the
Exterior Fiber Vault Manholes. Length of service loop and the space required for such service loop shall be submitted for Landlord approval prior to installation in the Exterior Fiber Vault Manholes or authorized in writing by Landlord’s
designated representative, which approval or authorization shall not be unreasonably withheld. 
  
 (vi) Landlord shall designate reasonable locations for mounting of splice cases within the Interior Fiber Vaults. Tenant shall not mount splice eases or
route cable through the Interior Fiber Vaults until the cable routing is reasonably approved in writing by Landlord. 
  
 (vii) Tenant shall not pull telecommunication cable or any media through the Exterior Fiber Vault Manholes, or perform any work within the Exterior Fiber
Vault Manholes without the presence of Landlord’s representative. 
  
 (viii) Tenant shall reimburse Landlord for the reasonable costs incurred by Landlord for review of Tenant’s plans and coordination/supervision of the installation described herein. 
  

	(h)	City of Chicago Agreement 

  
 Tenant expressly acknowledges that, with respect to Tenant’s installation of fiber from the Exterior Fiber Vault Manholes, all such use of and access to such fiber
(including any work related to the installation of such fiber), is expressly made subject to the provisions of that certain Conduit Path Use Agreement dated as of June 1, 2000 by and between the 

  

 
City of Chicago (“City”) and Landlord (the “Conduit Path Use Agreement”). Tenant acknowledges that a copy of the Conduit Path Use
Agreement has been provided to Tenant for its review. Tenant expressly agrees to coordinate all work related to the Exterior Conduits and fiber with Landlord and, where necessary, the City, and to comply at all tunes with the provisions of the
Conduit Path Use Agreement, and Landlord’s Building standard rules or guidelines in effect from time to time. All work shall be carried out in compliance with Tenant’s obligations under the Lease, and all work shall be performed by a
contractor reasonably approved by Landlord or chosen from Landlord’s list of approved contractors.” 
  
 2. Termination of Agreement. Tenant and Landlord agree that the Outside Conduit Access Agreement dated March 9, 2001 shall be terminated as of the date of Tenant’s execution of this First Amendment, and
thereafter shall have no farther force and effect. 
  
 3. The Lease. Except
as amended hereby, all other terms and conditions of the Lease shall remain in full force and effect. All capitalized terms used herein shall have the meanings ascribed to them in the Lease. 
  
 4. Binding Effect and Counterparts. The Lease as modified by this First Amendment sets
forth the full and complete understanding between Landlord and Tenant with respect to the matters addressed herein. This First Amendment may be executed in counterparts. A telecopy transmission of a signed copy of this First Amendment shall
constitute a binding and effective execution by the signing party. 
  
 If the
terms of this First Amendment are acceptable, please have a duly authorized representative of Tenant execute both copies and return one fully executed copy to the undersigned, whereupon this letter shall constitute a binding agreement between us,
our successors and permitted assigns. 
  
 Sincerely, 
  

			
	LAKESIDE PURCHASER, L.L.C.
		
	By:	 	 /s/ Bryan W. Neskora

	 	 	

	Name:	 	 Bryan W. Neskora

	Title:	 	 President

  

			
	 ACCEPTED AND AGREED TO:
  
 This 23 day of July, 2003

	
	EQUINIX OPERATING CO., INC.
		
	By:	 	 /s/ Kristine Mostofizadeh

	 	 	

	 Name:
	 	 Kristine Mostofizadeh

	 Title:
	 	 Director of Real Estate

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