Document:

Assumption Agreement

 Exhibit 10.1 
 ASSUMPTION AGREEMENT 
 THIS ASSUMPTION AGREEMENT (the
“Assumption Agreement”), dated as of December 30, 2011, is made by and among American Tower Corporation, a Delaware corporation (“American Tower”), American Tower REIT, Inc., a Delaware corporation and wholly
owned subsidiary of American Tower (“American Tower REIT”), and Toronto Dominion (Texas) LLC, as administrative agent for the lenders (in such capacity, the “Administrative Agent”), for itself and on behalf of the
Lenders and the Issuing Banks. Capitalized terms used herein without definition shall have the respective meanings ascribed to them in the Loan Agreement (as defined below). 
 WITNESSETH THAT: 
 WHEREAS, American Tower, the Administrative Agent,
JPMorgan Chase Bank, N.A. and The Toronto Dominion Bank, New York Branch, as Issuing Banks, JPMorgan Chase Bank, N.A., as Syndication Agent, and the Lenders are all parties to that certain Loan Agreement dated as of June 8, 2007 (as amended,
modified, restated and supplemented from time to time, the “Loan Agreement”); 
 WHEREAS, American Tower and
American Tower REIT entered into an Agreement and Plan of Merger dated as of August 24, 2011 (the “Merger Agreement”), providing for the merger of American Tower with and into American Tower REIT (the
“Merger”), with American Tower REIT as the surviving corporation; 
 WHEREAS, Section 7.3(b)(iii) of the
Loan Agreement provides that in the event of a merger, the surviving Person shall on the effective date of such merger expressly assume, by supplemental agreement, executed and delivered to the Administrative Agent, for itself and on behalf of the
Lenders, all of the Obligations of American Tower under the Notes, the Loan Agreement and the other Loan Documents; 
 WHEREAS,
the Merger complies with the other provisions of Section 7.3 of the Loan Agreement; 
 WHEREAS,
Section 11.11(a)(ii)(D) of the Loan Agreement permits the amendment of the Loan Agreement with respect to any release of American Tower from the Loan Agreement in connection with a merger, sale or disposition permitted under the Loan Agreement,
without further approval by the Lenders; 
 WHEREAS, effective as of 11:59 pm on December 31, 2011 (the “Effective
Time”), American Tower will merge pursuant to the Merger Agreement, with American Tower REIT as the surviving corporation (which will be renamed American Tower Corporation simultaneous with or immediately following the Merger); and

 WHEREAS, American Tower has requested that the Administrative Agent execute and deliver this Assumption Agreement, for itself
and on behalf of the Lenders, and the execution and delivery of this Assumption Agreement has been duly authorized in all respects. 
 NOW, THEREFORE: 
 In consideration of the foregoing and other good and
valuable consideration, the receipt of which is hereby acknowledged: 
 ARTICLE I ASSUMPTION 

Section 1.01. ASSUMPTION OF OBLIGATIONS. 

Effective as of the Effective Time, American Tower REIT, as the surviving entity in the Merger, expressly assumes by this Assumption
Agreement all of the Obligations, liabilities and duties of American Tower under the Notes, the Loan Agreement, and the other Loan Documents whether known or unknown, foreseen or unforeseen, and hereby affirms that each and every Obligation of
American Tower under the Loan Agreement and the other Loan Documents to which it is a party before giving effect to this Agreement shall continue and be Obligations of American Tower REIT after giving effect to this Agreement. Effective as of the
Effective Time, American Tower 

 
REIT hereby ratifies and agrees to be bound by, all of the terms, provisions and conditions applicable to American Tower, whether jointly or severally, contained in the Loan Agreement and other
Loan Documents. Without limiting the generality of the foregoing terms set forth herein, American Tower REIT hereby acknowledges it is liable for all Obligations, including all representations, warranties, covenants, and indemnities, set forth in
the Loan Agreement and other Loan Documents to which American Tower is a party in accordance with the terms thereof, after giving effect to this agreement. 
 Section 1.02. SUCCESSOR CORPORATION SUBSTITUTED. 
 Effective as of the Effective Time, American Tower REIT shall succeed to, and be substituted for (so that from and after the Effective Time, the provisions of the Loan Agreement referring to the
“Borrower” shall refer instead to American Tower REIT and not to American Tower), and may exercise every right and power of, American Tower under the Loan Agreement with the same effect as if American Tower REIT had been named as the
Borrower therein. 
 ARTICLE II MISCELLANEOUS 
 Section 2.01. NO DEFAULT, ETC. 

American Tower hereby (i) certifies that no Default or Event of Default exists under the Loan Agreement or any Loan Document on the
date hereof or after giving effect to the assumption contemplated by the terms hereof and (ii) represents that all of the representations and warranties set forth under the Loan Agreement and the other Loan Documents are true and correct, in
all material respects, as of the date hereof and as of the Effective Time, except to the extent such representations and warranties expressly relate to an earlier date. American Tower further represents and warrants that: the execution, delivery and
performance of this Assumption Agreement in accordance with its terms by American Tower and American Tower REIT (a) are within such Person’s corporate powers, have been duly authorized by all necessary organizational action on the part of
such Person, and do not (A) conflict with, result in a breach of, or constitute a default under the organizational documents of such Person or under any indenture, agreement or other instrument, including without limitation the Licenses, to
which American Tower or American Tower REIT is a party or by which American Tower or American Tower REIT or its respective properties is bound that is material to such Person and its subsidiaries on a consolidated basis or (B) violate any
Applicable Law respecting American Tower or American Tower REIT; and (b) do not require any consent or approval, governmental or otherwise, not already obtained. 
 Section 2.02. COUNTERPARTS. 
 This Assumption Agreement may
be executed in any number of counterparts, each of which shall be deemed to be an original, but all such separate counterparts shall together constitute one and the same instrument. 
 Section 2.03. GOVERNING LAW. 
 This Assumption
Agreement shall be construed in accordance with and governed by the internal laws of the State of New York applicable to the agreement made and to be performed in the State of New York. 
 Section 2.04. NO ADVERSE INTERPRETATION OF OTHER AGREEMENTS. 

This Assumption Agreement and the Loan Agreement may not be used to interpret another indenture, loan or debt agreement of American Tower,
American Tower REIT or any of their respective Subsidiaries or of any other Person. Any such indenture, loan or debt agreement may not be used to interpret this Assumption Agreement or the Loan Agreement. 

Section 2.05. SEVERABILITY. 
 To the extent permitted by law, any provision of this Assumption Agreement which is prohibited or unenforceable in any jurisdiction shall be ineffective to the extent of such prohibition or
unenforceability without 
 [Assumption Agreement for June 8, 2007 Loan Agreement] 

 
invalidating the remaining provisions hereof in that jurisdiction or affecting the validity or enforceability of such provision in any other jurisdiction. 

Section 2.06. HEADINGS. 
 The headings of the various subdivisions used in this Assumption Agreement are for convenience only and shall not in any way modify or amend any of the terms or provisions hereof, nor be used in
connection with the interpretation of any provision hereof. 
 Section 2.07. PROVISIONS OF
ASSUMPTION AGREEMENT FOR THE SOLE BENEFIT OF PARTIES AND LENDERS. 

Nothing in this Assumption Agreement, expressed or implied, shall give or be construed to give to any person, firm or corporation, other
than the parties hereto and their successors and the Lenders, any legal or equitable right, remedy or claim under this Assumption Agreement or under any covenant or provision herein contained, all such covenants and provisions being for the sole
benefit of the parties hereto and their successors and of the Lenders. 
 Section 2.08. EXECUTION AS
ASSUMPTION AGREEMENT. 
 This Assumption Agreement is executed and shall be construed as an
agreement supplemental to the Loan Agreement and a part thereof. 
 Section 2.09. RATIFICATION AND
INCORPORATION OF LOAN AGREEMENT. 
 As supplemented hereby, the
Loan Agreement is in all respects ratified and confirmed, and the Loan Agreement and this Assumption Agreement shall be read, taken and construed as one and the same instrument. 

[The Remainder of This Page Intentionally Left Blank; Signature Page Follows] 

[Assumption Agreement for June 8, 2007 Loan Agreement] 

 IN WITNESS WHEREOF, the parties hereto have caused this Assumption Agreement to be
duly executed as of the date first above written. 
  

					
	AMERICAN TOWER CORPORATION
		
	By:	 	/s/    Edmund DiSanto
		 	Name: 	 	Edmund DiSanto
		 	Title:	 	Executive Vice President, Chief Administrative Officer, General Counsel and Secretary

  

					
	AMERICAN TOWER REIT, INC.
		
	By:	 	/s/    Thomas A. Bartlett
		 	Name: 	 	Thomas A. Bartlett
		 	Title:	 	Executive Vice President and Chief Financial Officer

  

			
	TORONTO DOMINION (TEXAS) LLC, AS ADMINISTRATIVE AGENT, FOR ITSELF AND ON BEHALF OF THE LENDERS
		
	By:	 	/s/ David Perlman
		 	Name: David Perlman
		 	Title: Vice President

  
 [Assumption Agreement for
June 8, 2007 Loan Agreement]Form of Restricted Stock Unit Agreement

 Exhibit 10.2 
  

			
	 American Tower Corporation
 Notice of Grant of Restricted Stock Units and RSU
 Agreement (U.S.
Employee / Time)
	  	 American Tower Corporation
 ID: 65-0723837
 116 Huntington Ave
 Boston, MA 02116

		
	 Administrator
 116 Huntington Avenue 11th Floor
 Boston MA United States 02116
	  	 Participant Name:
 RSU
Number:
 Plan: 

ID:

 American Tower Corporation, a Delaware corporation (the “Company”), hereby grants to the Participant named
above (“you”) restricted stock units (the “RSUs”) representing the right to receive the number of shares of Common Stock, par value $0.01 per share (the “Stock”) of the Company set forth below (or, if so determined by
the Committee, the value of such shares, payable in cash or such other property as the Committee determines) and the dividend equivalents with respect to the RSUs on the terms of this Notice of Grant of Restricted Stock Units and RSU Agreement (this
“Agreement”), subject to your acceptance of this Agreement and the provisions of the American Tower Corporation 2007 Equity Incentive Plan, as amended from time to time (the “Plan”). 

Date of
grant:                                        
                         , 20         

Number of
shares:                                        
                                 

The RSUs will vest and the underlying shares will become issuable on the following schedule (each date, a “scheduled vesting date”):

                         
           on
                                     ,
20     , as to                  shares, 
                                   
  on                                      ,
20     , as to                  additional shares, 
                                   
  on                                      ,
20     , as to                  additional shares, and 
                                   
  on                                      ,
20     , as to                  additional shares. 
 By your signature below, you agree with the Company to the terms of this Agreement. 
  

											
	 Participant
	 		 	Date	 	

 Terms of Restricted Stock Units 

1. Plan Incorporated by Reference. The provisions of the Plan are incorporated into and made a part of this Agreement by this
reference. Capitalized terms used and not otherwise defined in this Agreement have the meanings given to them in the Plan. The Committee administers the Plan, and its determinations regarding the interpretation and operation of the Plan and this
Agreement are final and binding. The Board may in its sole discretion at any time terminate or from time to time modify and amend the Plan as provided therein. You may obtain a copy of the Plan without charge upon request to the Company’s Human
Resources Department. 
 2. Vesting of RSUs. The RSUs will vest, while you are employed by the Company or one of its
Affiliates, for the respective numbers of shares and on the scheduled vesting dates stated in the vesting schedule on the first page of this Agreement, subject to the other terms hereof. RSUs are an unfunded, unsecured obligation of the Company. You
shall not earn any rights under the RSUs except in conformity with such schedule and until all other conditions that are required to be met in order to issue the underlying shares have been satisfied. Subject to Section 6, within sixty
(60) days after the scheduled vesting date for any RSUs, the Company will deliver to you or your legal representative the number of shares underlying the number of vested RSUs associated with such scheduled vesting date on the vesting schedule
(or such cash or other property as the Committee determines). 
 3. Dividend Equivalents. While the RSUs are outstanding
and unvested, the Company will accrue dividend equivalents on your behalf. The dividend equivalent with respect to each RSU will be equal to the sum of the cash dividend declared and paid by the Company with respect to each share of Stock while the
RSU is outstanding (but not dividends declared and paid before January 1, 2012). No interest will accrue on the dividend equivalents. The dividend equivalents with respect to each RSU shall be earned and paid out in cash at the same time as the
RSU is earned and paid out. 
 4. Termination of RSUs. Upon termination of your employment with the Company
and its Affiliates for any reason, any of the RSUs that are unvested as of the termination date, together with any accrued dividend equivalents, will be canceled for no value. Authorized leave of absence or absence on military or government service
shall not constitute termination of your employment for this purpose so long as either (a) such absence is for a period of no more than 90 calendar days or (b) your right to re-employment after such absence is guaranteed either by statute
or by contract. 
 5. Withholding Taxes. Upon the vesting of the RSUs, the Company shall withhold from
issuance in settlement of such RSUs the number of shares of Stock necessary to satisfy the minimum tax withholding obligations arising from such vesting with such shares of Stock valued at their Fair Market Value on the date of withholding;
provided, that the Company may permit, at the discretion of the President and Chief Executive Officer, the Treasurer and Chief Financial Officer, or the Executive Vice President, Chief Administrative Officer and General Counsel, a holder of RSUs to
pay the associated tax withholding obligations to the Company in cash (in lieu of the Company withholding shares of Stock), if such holder submits a written request therefor in advance of the vesting date for such RSUs and remits to the Company such
payment no later than the date of delivery of the remaining shares to the holder in settlement of the RSUs. Withholding from dividend equivalents will be made by the Company in cash. 

6. Termination; Forfeiture. Notwithstanding any other provision of this Agreement, you shall be obligated to (a) transfer to
the Company any shares, cash or other property previously issued upon vesting of RSUs and dividend equivalents and (b) pay to the Company all gains realized by any person from the disposition of any such shares or other property if:
(I) your employment with the Company or any Affiliate is terminated for cause or (II) following termination of employment for any reason, either (A) the Company determines that you engaged in conduct while an employee that would have
justified termination for cause or (B) you violate any applicable confidentiality or non-competition agreement with the Company or any Affiliate. Termination for cause means criminal conduct involving a felony in the U.S. or the equivalent of a
felony under the laws of other countries, material violations of civil law related to your job responsibilities, fraud, dishonesty, self-dealing, breach of your obligations regarding the Company’s intellectual property, or willful misconduct
that the Committee determines to be injurious to the Company. 

  
 2 

 7. Compliance with Law; Lock-Up Agreement. The Company shall not be obligated to
issue any shares of Stock or other securities upon vesting of the RSUs unless the Company is satisfied that all requirements of law or any applicable stock exchange in connection therewith (including without limitation the effective registration or
exemption of the issuance of such shares or other securities under the Securities Act of 1933, as amended, and applicable state securities laws) have been or will be complied with, and the Committee may impose any restrictions on your rights as it
shall deem necessary or advisable to comply with any such requirements; provided that the Company will issue such shares or other securities on the earliest date at which it reasonably anticipates that such issuance will not cause such violation .
You further agree hereby that, as a condition to the issuance of shares upon vesting of the RSUs, you will enter into and perform any underwriter’s lock-up agreement requested by the Company from time to time in connection with public offerings
of the Company’s securities. 
 8. Rights as Stockholder. You shall have no rights as a stockholder with respect to
any shares of Stock or other securities covered by the RSUs until the issuance of such actual shares of Stock or other securities. 
 9. Effect on Your Employment. Neither the adoption, maintenance or operation of the Plan nor the award of the RSUs and the dividend equivalents with respect to the RSUs confers upon you any right
to continue your employment with the Company or any Affiliate, nor shall they interfere with the rights of the Company or any Affiliate to terminate or otherwise change the terms of such employment or service at any time, including, without
limitation, the right to promote, demote or reassign you from one position to another in the Company or any Affiliate. Unless the Committee otherwise provides in any case, your employment with an Affiliate shall be deemed to terminate for purposes
of the Plan when such Affiliate ceases to be an Affiliate of the Company. 
 10. Nontransferability. You may not assign
or transfer the RSUs or any rights with respect thereto, including without limitation, the dividend equivalents with respect to the RSUs, except by will or by the laws of descent and distribution or to the extent expressly permitted in writing by
the Committee. 
 11. Corporate Events. The terms of the RSUs and the dividend equivalents with respect to the RSUs may
be changed without your consent as provided in the Plan upon a change in control of, or certain other corporate events affecting, the Company. Without limiting the foregoing, the number and kind of shares or other securities or property issuable
upon vesting of the RSUs may be changed, the vesting schedule may be accelerated, the RSUs may be assumed by another issuer, or the RSUs may be terminated, as the Committee may consider equitable to the participants in the Plan and in the best
interests of the Company. 
 12. Governing Law. This Agreement shall be governed by and construed and enforced in
accordance with the applicable laws of the United States of America and the law (other than the law governing conflict of law questions) of the Commonwealth of Massachusetts except to the extent the laws of any other jurisdiction are mandatorily
applicable. 
 13. Amendment and Termination of the RSUs. The RSUs and the dividend equivalents with respect to the RSUs
may be amended or terminated by the Company with or without your consent, as permitted by the Plan.

  
 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00197-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00197-of-00352.parquet"}]]