Document:

EX-10.54

 Exhibit 10.54 

EMPLOYMENT AGREEMENT 
 This
agreement is made this 7th day of August 2013 between: 
  

	1)	EQUINIX (EMEA) B.V., a private company with limited liability established, according to the laws of the Netherlands, having its registered office (zetel) at Amsterdam, The Netherlands and its
principal place of business there at (1101 EC) Luttenbergweg 4 (“Equinix”); 

 and 

 

	2)	Mr. ERIC CHARLES SCHWARTZ, born on 13th September 1966 (the “The Employee”); 

WHEREAS: 
  

	 	a.	The Employee has been appointed as board member (bestuurder) of Equinix by its general meeting of shareholders (the “GM”); 

 

	 	b.	The ultimate parent company of Equinix is Equinix, Inc., a company according to the laws of California , the United States of America; 

 

	 	c.	Equinix, Inc. and any and all of its (indirect) subsidiaries, with the exclusion of Equinix, shall in this Agreement be referred to as a “Group Company” and jointly as “Group
Companies”. 

 HAVE AGREED AS FOLLOWS: 
  

	1.	Entry into Force/Duration/Termination 

  

	1.1	The parties’ mutual obligations under this employment agreement (the “Agreement”) shall come into effect on 1 July 2013 (the “Commencement Date”). However, the Employee’s
continuous employment shall be deemed to have commenced on May 22nd 2006. 

  
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	1.2	This Agreement has been concluded for an indefinite period. 

  

	1.3	In case of Employee being dismissed by the GM (or any other competent corporate body of Equinix) as board member and this Agreement terminating as a consequence thereof upon expiry of the applicable notice period (the
“Termination Date”), the parties here and now agree to a subsequent fixed term employment agreement which will commence on the day following the Termination Date and which will terminate by operation of law, i.e. without notice
being required, upon 31st July 2018 and which will: 

  

	 	•	 	unless otherwise agreed at the time – neither include any board membership nor the role of President EMEA, but involve a role as ‘Consultant on European Affairs’; and 

 

	 	•	 	include a gross annual salary of EUR 60,000 (including all statutory (holiday) allowances); 

  

	 	•	 	not include participation in the Equinix, Inc. Annual Incentive Plan or any other STI or LTI plan, including any equity incentive plan offered by Equinix, Inc.; 

and which will for the remainder be on identical terms as included in this Agreement (ceteris paribus) and thus inter alia entail
a work location in The Netherlands. Such fixed term employment agreement will be without the option of interim (“tussentijdse”) termination. 
  

	1.4	This Agreement will terminate in any event, either by operation of law or failing such by mutual consent, on the date whereon the Employee reaches the age on which the Employee becomes entitled to Dutch state old age
pension benefits (AOW) regardless of the Employee actually taking those benefits at that age. 

  

	1.5	In the event of a change of control in Equinix, Inc., as per the terms of the Change in Control Severance Agreement between Equinix, Inc. and the Employee dated 19 December 2008, as amended, and as may be amended
from time to time. (“U.S. Severance Agreement”), the parties acknowledge and agree that “Company” as referred to in the U.S. Severance Agreement includes a reference to Equinix (EMEA) B.V. and that any payments made to the
Employee under the U.S. Severance Agreement will be decreased by any severance or damages payable to Employee in respect of the termination of this Agreement regardless of such payments arising from any compromise, from any severance awarded to
Employee in court rescission proceedings ex article 7:685 Dutch Civil Code (“DCC”) and/or from any severance awarded to Employee in court rescission proceedings ex article 7:685 DCC and, reversely, that any payments due to Employee in
respect of the termination of this Agreement will be decreased by any payments due to Employee under the U.S. Severance Agreement. 

  

	1.6	This Agreement may be terminated by either party as per the last day of a calendar month by giving notice to the other party and with due observance of the respective statutory notice periods, and due observance of any
other applicable terms of this Agreement that apply in the event of termination, such as upon the Employee’s dismissal as a board member and subsequent termination as outlined in clause 1.3 above. 

  
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	2.	Duties 

  

	2.1	The Employee shall fulfil the position of “President EMEA” and board member (bestuurder) of Equinix. The Employee shall be deemed to have accepted the appointment as board member. 

 

	2.2	The Employee’s usual duties as President EMEA will be the overall management of the EMEA business unit of the global Equinix organisation and, without limitation, will include those specific activities that are set
out in a job description that has been provided by Equinix to the Employee. The Employee shall report on a day to day basis to Steve Smith, as Equinix CEO and as nominated representative of the GM for these purposes. 

 

	2.3	As a board member (bestuurder) of Equinix, the Employee shall observe all obligations arising from Dutch law, the articles of association of Equinix, any charter of the board of Equinix and any and all
instructions and/or resolutions that are or may be adopted by the GM or any other competent corporate body of Equinix. 

  

	2.4	The Employee shall, at Equinix’ request, at all times be willing to perform work for any Group Company and shall accept appointment as bestuurder under Dutch law of such Group Company or as officer of such
Group Company under the laws governing that Group Company, without being entitled to any remuneration in respect of the activities performed for such Group Company in addition to the remuneration included in this Agreement, unless otherwise agreed
in writing by the parties. 

  

	2.5	As board member (bestuurder) under Dutch law of such Group Company or as officer of such Group Company under the laws governing that Group Company, the Employee shall observe all obligations arising from Dutch
law respectively the laws governing that Group Company, the articles of association or the equivalent thereof under any law system of such Group Company, any charter of the board of such Group Company and any and all instructions and/or resolutions
that are or may be adopted by the (general meeting of) shareholders or, if competent to render such instructions binding the Employee in his capacity of “bestuurder” or officer, by the board or any supervisory board of such Group Company.

  

	2.6	For the avoidance of doubt, the Employee shall, at the GM’ request, at all times be willing to perform work for any Group Company, whether a board member (bestuurder) or not. In addition to the above, the
Employee agrees that at all times the Employee shall comply with Equinix’s corporate governance policies and procedures, including but not limited to its Code of Business Conduct regulating matters such as gifts and anti-bribery measures, and
as such policies and procedures may be updated from time to time. 

  
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	3.	Working Hours/Overtime/Workplace 

  

	3.1	The Employee shall perform the Employee’s duties under this Agreement on a full time basis. A full time equivalent (FTE) within Equinix represents 40 working hours per week. 

 

	3.2	The usual office hours are from 8:30 to 17:00 CET. The GM is entitled to change the usual office hours if Equinix’ interests so require. 

 

	3.3	The Employee shall be required to occasionally perform the Employee’s duties during weekends and/or on public holidays and/or in excess of the number of working hours per week pursuant to the first paragraph of
this clause and/or outside regular office hours, if such is reasonably necessary for the proper performance of the Employee’s duties under this Agreement (“Overtime”). 

 

	3.4	Sufficient remuneration for Overtime shall be deemed included in the Salary and the Employee shall therefore not be entitled to any (additional) remuneration for Overtime. 

 

	3.5	The Employee shall in principle perform the Employee’s duties under this Agreement for the benefit of Equinix at or from Equinix’ premises in Amsterdam, The Netherlands. The GM is authorised to relocate the
Employee’s workplace to another location within The Netherlands. The Employee shall furthermore be prepared to travel inside and outside the Netherlands, including to the United States, as the business requires. 

 

	4.	Salary & Benefits 

  

	4.1	The Employee shall, for the duration of this Agreement and in substitution of any deviating arrangements in the International Long-Term Assignment Letter, be entitled to a full time gross annual salary of EUR
278,462.00, including the (8%) Dutch statutory (holiday) allowance and any other statutory allowances (the “Salary”) and as amended through Equinix’s salary review process as applicable from time to time. The Salary will
be accruing in arrears and be payable into a bank account of the Employee to be designated by the Employee in twelve equal monthly instalments of EUR 21,486.27 gross (i.e. the Salary divided by 12.96) and a single annual instalment equal to the
Dutch statutory 8% holiday allowance in May of each year (i.e. 8% of the Salary). 

  

	4.2	The Employee shall, for the duration of its validity (unless extended by mutual agreement by the parties in writing), be entitled to the other employment benefits (arbeidsvoorwaarden) as included in the
International Long-Term Assignment Letter executed on 21 May 2013, a copy whereof is in the Employee’s possession (the “International Long-Term Assignment Letter”), i.e. other than the Salary and other deviating or
additional arrangements made in this Agreement. 

  
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	4.3	The Employee shall, in addition to the Salary, qualify for participation in the Equinix, Inc. Annual Incentive Plan, as operated from time to time by Equinix, subject to the terms and conditions of such plan and any
separate communications (including target settings) made by Equinix in that respect. Equinix retains the right to amend or abolish the Equinix, Inc. Annual Incentive Plan unilaterally. Any grants made under the Equinix, Inc. Annual Incentive Plan in
any year do not create rights for future years. 

  

	5.	Vacation 

  

	5.1	On a full-time basis the Employee shall be entitled to 25 vacation days per calendar year (20 statutory days and 5 extra-statutory days), accruing on a pro rata tempore basis. The Employee shall in addition not be
obliged to perform duties on New Year’s Day, the fifth of May (once every five years), Easter Monday, Queen’s/King’s Birthday, Ascension Day, Whit Monday, Christmas Day and Boxing Day. 

 

	5.2	Vacation days shall only be taken by the Employee in consultation with Steve Smith, albeit that the GM reserves the right to set vacation unilaterally after consultation with the Employee. Generally vacation will be
taken (or set by the GM) during the calendar year in which the vacation days accrue. 

  

	6.	Company Car 

  

	6.1	Equinix shall pay the Employee a gross annual compensation of EUR 11,400 ( IN WORDS: eleven thousand four hundred Euros ) for all costs (including without limitation the costs for purchase, depreciation, maintenance,
insurance, taxation and fuel) incurred by the Employee in respect of a private car which is appropriate for the discharge of the Employee’s duties under this Agreement and which shall be used by the Employee in the discharge of the
Employee’s duties for Equinix (the “Car Allowance”), accruing and payable into a bank account of the Employee to be designated by the Employee in 12 equal monthly instalments in arrears. The Car Allowance will be paid without
wage tax and/or social security withholdings for the purposes of commuting and business mileage only if and to the extent allowed under the relevant Dutch legislation as from time to time in force, for which purpose the Employee will be required to
provide Equinix with a proper administration of all commuting and/or business travel done by use of the Employee’s private car. 

  

	6.2	The Car Allowance will be deemed to include proper and sufficient compensation for the Employee to have the Employee’s private car (if applicable) fully insured against all risks (for the car, the driver, any
passengers and third parties) associated with the business use of that car. 

  
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	6.3	Alternatively to a Car Allowance as set out above, if requested by the Employee, Equinix shall provide the Employee with the right to use a company car, under the terms and conditions of Equinix’ Company Car Policy
(the “Car Policy”) and Company Car User Regulations (the “Car Regulations”) as from time to time in place within Equinix, both for business and private purposes. 

 

	7.	Illness, Disablement & Pension 

  

	7.1	If the Employee is ill and must be absent from work, the Employee is required to inform Steve Smith of this immediately, but in any case on the first day of absence from work. Equinix’ policies regarding sick leave
and long term illness or disablement are covered in the Equinix handbook, as updated from time to time. The Employee must strictly comply with the guidelines and instructions which have been or will be given by or on behalf of Equinix regarding sick
leave and other such leave. 

  

	7.2	The Employee is eligible to participate in Equinix’ collective pension scheme for Dutch based employees, under the terms and conditions of the pension regulations (pensioenreglement) as in force from time to
time (representing the pensioenovereenkomst). 

  

	8.	Confidentiality 

  

	8.1	The Employee shall, both during the term of this Agreement and after termination of this Agreement for whatever reason, refrain from using, publishing and/or disclosing in any manner to whomsoever (including to other
the Employees of Equinix or any of its Group Companies’ staff, unless such staff members must be informed in connection with their work for Equinix and in such event only upon the express written authorisation of the GM) or negligently cause
any unauthorized use, publishing or disclosure of any information of a confidential nature concerning (the business of) Equinix, which has become known to the Employee as a result of the employment under this Agreement and which information the
Employee knew or should have known to be of a confidential nature, provided however that such information shall not include any information that is in the public domain or becomes so available (unless such availability in the public domain is a
result of the Employee’s breach of the Employee’s obligations pursuant to this Agreement) or that is lawfully disclosed by the Employee to a third party as a consequence of the Employee’s proper performance of the Employee’s
duties and responsibilities hereunder (“Confidential Information”). 

  

	8.2	 Information on or pertinent to, without limitation, the following issues as well as those issues itself shall be deemed Confidential Information:
inventions, know-how, trade secrets, laboratory notebooks, biological materials, mask works, (engineering) designs and drawings, price lists, pricing methodologies, pricing 

  
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policies, licenses, contract information, financial forecasts, historical financial data, budgets, customers, customer sales, customer proposals, sale forecasts, methods of operation, pricing
policies, vendors, suppliers, contractors (and their terms of business), purchasers, any proposals relating to the acquisition or disposal of any company owned or business operated by Equinix, any proposals relating to the expansion or contracting
of activities, (business-, research & development-, construction-, technical-, sales- and production-)plans, (business-, research & development-, construction-, technical-, sales- and production-) processes, apparatus, designs,
compositions, formula, developments, research, techniques, improvements, procedures, specifications, ideas, computer hardware, computer software, methods of accounting, manners of doing business, marketing plans, personnel and employment matters
(including details of the Employees and directors, the level of remuneration and benefits paid to them); all as acquired, developed, amended, used, generated and/or utilised by or on behalf of Equinix. 

 

	9.	Data Carriers & Equipment 

  

	9.1	The Employee shall not have or keep in the Employee’s private possession in any manner whatsoever any documents (including notes, records, diaries, reports, proposals, lists, specifications, blue prints, sketches,
(laboratory) notebooks, flow charts, memoranda, worksheets, drawings, minutes of meetings and correspondence as well as abstracts or summaries thereof), software, computer disks or other data or data carriers or media and/or (electronic) copies
thereof containing Confidential Information or otherwise relating to Equinix’ business, that have become available to the Employee as a result of the employment under this Agreement (“Data Carriers”), except insofar as and for
as long as necessary for the proper performance of the Employee’s duties for Equinix. 

  

	10.	Intellectual and Industrial Property Rights 

  

	10.1	Insofar as the rights specified hereinafter are not vested in Equinix by operation of law on the grounds of the employment relation between the parties, the Employee hereby explicitly warrants/guarantees that the
Employee shall transfer and, insofar as possible, hereby transfers to Equinix in advance any intellectual and/or industrial property rights of whatever nature in or arising from ideas, concepts, discoveries, inventions, improvements and/or
developments made or acquired by the Employee in the discharge of the Employee’s duties for Equinix or by use of any knowledge gained in the performance of his duties for Equinix. 

 

	10.2	The Employee shall promptly disclose to the GM fully and completely any and all of the ideas, concepts, discoveries, inventions, improvements and developments, made or acquired by the Employee in the discharge of the
Employee’s duties for Equinix. 

  
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	10.3	The Employee hereby irrevocably relinquishes/waives for the benefit of Equinix any moral/personal rights as referred to in any applicable statute, that may vest in the Employee in respect of the work products referred
to in the previous paragraphs of this clause. 

  

	10.4	The Employee acknowledges that the remuneration under the Employment Agreement includes reasonable and sufficient compensation for the fact that the intellectual and industrial property rights, referred to above, will
vest in Equinix by operation of law or through the transfer to Equinix of such rights pursuant to clause 9.1 above. 

  

	10.5	For the avoidance of doubt, Equinix is entitled at its discretion to assign any of the intellectual property rights belonging to it to any Group Company. 

 

	11.	Other Activities 

  

	11.1	The Employee shall during the term of this Agreement not perform any (paid or unpaid) activities for third parties, with the exception of Group Companies, without the prior written consent of the GM. Such consent shall
not be unreasonably withheld for the performance of activities by the Employee, provided that: 

  

	 	•	 	the Employee does not perform activities similar to the Employee’s duties under this Agreement; and 

  

	 	•	 	the relevant third party cannot in any sense be considered a competitor of Equinix; and 

  

	 	•	 	activities performed for the relevant third party will not in any sense constitute competition with Equinix; and 

  

	 	•	 	the Employee works at least the agreed number of hours per week for Equinix; and 

  

	 	•	 	activities performed for any third party do not have an adverse effect on the duties to be performed by the Employee under this Agreement; and 

 

	 	•	 	any other specific conditions to which such consent will be made subject at the time the consent will be given, will be met. 

  

	11.2	Any consent given in the future pursuant to paragraph 1 of this clause may be revoked by the GM at any time if any of the conditions referred to in paragraph 1 of this clause or any specific conditions to which such
consent was made subject, will appear not or no longer met. 

  
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	12.	Non-competition 

  

	12.1	The Employee shall not without the prior written consent from the GM, both during the term of this Agreement and during a period of 6 months after the date of termination of this Agreement, in any manner, directly or
indirectly, either for the Employee’s own account or for the account of third parties, either against or without consideration 

  

	 	•	 	be engaged in, involved in, perform services for or work for; and/or 

  

	 	•	 	act as intermediary, in whatsoever manner, directly or indirectly, for, 

 any enterprise other
than a Group Company carrying on any business which is in competition with a business carried on by Equinix at the time of termination of this Agreement. 
  

	12.2	Without limiting the continuing application of any confidentiality obligations upon the Employee, the Employee shall not during a period of 6 months after the date of termination of this Agreement in any manner, either
directly or indirectly, approach and/or entice away from Equinix and/or perform activities aimed at selling commodities and/or services that are competitive with commodities/services marketed or scheduled to be marketed by Equinix at the date of
termination of this Agreement and/or provide such services to: 

  

	 	•	 	any customers of Equinix; and/or 

  

	 	•	 	parties that were customers of Equinix in the period of 6 months immediately preceding the termination of this Agreement. 

  

	12.3	The Employee shall, during a period of 6 months after the date of termination of this Agreement, not in any manner employ, approach and/or entice to enter into an employment relation with third parties or with the
Employee: 

  

	 	•	 	any personnel of Equinix; and/or 

  

	 	•	 	personnel that were employed by Equinix in the period of 6 months immediately preceding the termination of this Agreement. 

  

	12.4	These restrictions shall, in view of Equinix’ worldwide activities, apply in the territory of all countries in which Equinix or any Group Company performs and/or demonstrably plans to- perform activities on the
formal date of termination of this Employment Agreement. 

  

	13.	Restitution 

  

	13.1	Upon termination of this Agreement and/or in case of absence from work exceeding three months and/or upon suspension/garden leave, the Employee shall immediately return to Equinix any materials, devices, properties,
equipment, Data Carriers, keys and any other items belonging to Equinix or leased/rented by Equinix from third parties. The Employee shall not withhold any copies or reproductions of those items or deliver such items or reproductions to anyone else.

  
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	14.	Definition of Equinix 

  

	14.1	In the clauses 8 up to and including 13 of this Agreement, Equinix shall in as far as relevant be deemed to include any and all Group Companies. 

 

	15.	Penalties 

  

	15.1	If the Employee breaches any of the obligations stated in the clauses 8 up to and including 13 of this Agreement, the Employee shall immediately forfeit to Equinix a penalty/liquidated damages for each breach thereof,
amounting to EUR 10,000 (ten thousand Euros) and then, in addition, a further penalty/liquidated damages amounting to EUR 2,500 (two thousand five hundred Euros) for each day that the act or omission giving rise to such breach continues or a further
same or similar breach occurs after Equinix has provided written notice of the breach to the Employee, without prejudice to Equinix’ rights to claim (a) full compliance with the relevant contractual obligations and/or (b) actual
damages instead of the penalty/liquidated damages. 

  

	15.2	Payment of the penalties referred to in the previous paragraph shall not release the Employee from the Employee’s obligations as specified in this Agreement. With respect to the penalties provided for in the
previous paragraph of this clause, the parties to this Agreement intend to derogate from the provisions of article 7:650 paragraphs 3 and 5 of the Dutch Civil Code both in respect of the amounts of the penalties and to the extent that these
penalties can be used by Equinix for its own benefit. 

  

	16.	Actions Post-Termination 

  

	16.1	Upon termination of this Agreement (howsoever arising) or upon either Equinix or the Employee having served notice of such termination, the Employee shall cooperate with Equinix by providing such assistance as may
reasonably be required in connection with any handover arrangements or any claim made by or against Equinix. For the avoidance of doubt such assistance may include attending meetings, reviewing documents, giving and signing statements/affidavits and
attending hearings and giving evidence. 

  

	17.	Personnel Handbook/Manual & Preference 

  

	17.1	 Any employment benefits included in personnel regulations/policies/codes of conduct (a copy whereof will be presented to the Employee) as are/may
become applicable in the future within Equinix are/will be deemed to form an integral part of this Agreement. All provisions of such personnel regulations/policies/codes of conduct that do not constitute an employment benefit should be considered

  
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to apply in addition to the provisions of this Agreement and are by definition subject to unilateral change by the GM or Equinix. In case of conflict between the personnel regulations and the
provisions of this Agreement, the latter shall prevail. In case of conflict between the provisions of the personnel regulations and/or the provisions of this Agreement on the one hand and the provisions of the International Long-Term Assignment
Letter or any different policies referred therein, on the other hand, the latter shall prevail. 

  

	18.	Tax Issues 

  

	18.1	Equinix and the Employee undertake to file a joint request with the Dutch Inland Revenue Service (“IRS”) for a ruling allowing application of the so-called 30% tax regulation as laid down in article
15a, part j, of the 1964 Dutch Wage Tax Act and article 9 of the 1965 Dutch Wage Tax Implementation Decree (the “Ruling”), regardless of Equinix benefitting from such Ruling in view of the tax equalization arrangements in the
International Long-Term Assignment Letter. If pursuant to tax advice obtained by the parties, such filing will require a re-allocation of Salary and further benefits, Employee shall execute a written addendum to this Agreement including such
re-allocation as requested by Equinix. 

  

	18.2	For any period under this Agreement when the tax equalization arrangements in the International Long-Term Assignment Letter do not longer apply, the Employee hereby indemnifies and shall hold harmless Equinix in respect
of all (possible) retro-active tax assessments (naheffingsaanslagen inzake loonheffing) made against Equinix by the tax authorities of any country where the Employee performed duties for Equinix (the “Tax Authorities”) for
wage tax, premiums for national insurances and in general payroll taxes (loonheffingen) that Equinix should have withheld (ingehouden) and/or paid (afgedragen) to the Tax Authorities but did not withhold and/or pay relating to
(the payment of) the Salary and/or other benefits pursuant to this Agreement and/or in general relating to any payments made by Equinix to the Employee or third parties designated by the Employee. The Employee consents to Equinix setting-off any
amounts owed by the Employee to Equinix in respect of the foregoing against any amounts payable by Equinix to the Employee. 

  

	19.	Replacement/Entire Agreement/Amendments 

  

	19.1	This Agreement is deemed to constitute the entire employment agreement between the Employee and Equinix and replaces all offers, letters of appointment, employment agreements or arrangements, whether written, oral or
implied, if any, made by or between the Employee and/or Equinix or any Group Company of an earlier date, with the exception of the International Long-Term Assignment Letter. 

 

	19.2	The GM or Equinix is entitled to unilaterally amend the employment conditions (arbeidsvoorwaarden) under this Agreement with due observance of the provisions of article 7:613 and/or 7:611 Dutch Civil Code.

  
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	20.	Consequences of Termination 

  

	20.1	The provisions of this Agreement that by their nature are intended to survive termination of employment will remain in effect after termination of this Agreement. 

 

	21.	Collective Bargaining Agreement 

  

	21.1	Equinix is not bound by any collective bargaining agreement and no collective bargaining agreement applies to this Agreement. 

  

	22.	Headings 

  

	22.1	The headings used in this Agreement are included for the purpose of reference only and shall not constitute a part of this Agreement for any other purpose. 

 

	23.	Partial Invalidity/Unenforceability 

  

	23.1	Each provision of this Agreement is severable. If any provision is held to be invalid and/or unenforceable by any competent court, such invalidity and/or unenforceability shall not affect the remaining provisions of
this Agreement. In such event, the parties hereto shall enter into negotiations aimed at replacing the invalid/unenforceable provision by a provision to maximally the same effect that is valid and enforceable. 

 

	24.	Personal Data 

  

	24.1	The Employee acknowledges that Equinix or any Group Company using the Employee’s personal data for the purpose of keeping a general administration of staff has/have a legitimate interest in processing such data,
and to the extent such legitimate interest would be successfully contested, the Employee hereby consents to such processing of personal data. Equinix shall in this regard adhere to the provisions of the applicable Personal Data Protection
legislation. The Employee furthermore consents to Equinix uploading the Employee’s personal data to a database located in the United States of America and to which a limited number of Group Company the Employees including Group Company the
Employees in the United States of America will have access on a need-to-know basis. 

  
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	25.	Governing Law 

  

	25.1	This Agreement is construed in accordance with and shall be governed by the laws of The Netherlands. 

 IN
WITNESS whereof the parties hereto have executed this Agreement in two original copies on the day and year first written above. 
  

					
	At Amsterdam	 		 	At Amsterdam
			
	Equinix (EMEA) B.V.	 		 	
			
	 /s/ Kathryn Herrick
	 		 	 /s/ Eric Schwartz

	Mrs. Kathryn Herrick	 		 	Mr. Eric Charles Schwartz
			
	 Title: “bestuurder” and in this matter acting with the full approval and to the extent required authorisation of the
GM.
	 		 	

 At Redwood City, CA 
 EQIX
(Global Holdings) C.V. 
  

	
	 /s/ Keith Taylor

	Mr Keith Taylor
	Title: Member of the Supervisory Board

  
  

The undersigned, Equinix, Inc. of One Lagoon Drive, Redwood City, California, USA, hereby consents to the amendments made to the U.S. Severance Agreement as
included in clause 1.5 of the above Agreement. 
 Date:
                     
 Equinix, Inc. 

 

	
	 /s/ Keith Taylor

	Keith Taylor
	CFO

  
 13EX-10.55

 Exhibit 10.55 

EQUINIX, INC. 2000 EQUITY INCENTIVE PLAN 

NOTICE OF RESTRICTED STOCK UNIT AWARD 

You have been granted the number of restricted stock units (“Restricted Stock Units”) indicated below by Equinix, Inc. (the “Company”) on
the following terms: 
  

			
	Name:	    	Charles Meyers
	Employee Id #:	    	03882

 Restricted Stock Unit Award Details: 
  

			
	Date of Grant:	    	August 14, 2013
	Award Number:	    	RU5636
	Number of Restricted Stock Units:	    	8,000

 Each Restricted Stock Unit represents the right to receive one share of the Common Stock of the Company subject to the terms
and conditions contained in the Restricted Stock Unit Agreement (the “Agreement”). Capitalized terms not otherwise defined shall have the same definition as in the Agreement or the 2000 Equity Incentive Plan (the “Plan”). 

Vesting Schedule: 
 Vesting is dependent upon continuous
active service as an employee, consultant or director of the Company or a subsidiary of the Company (“Service”) throughout the vesting period. The Restricted Stock Units shall vest as follows: (A) 25% of the shares subject to the
award shall vest on September 1, 2014, (B) 25% of the shares subject to the award shall vest on September 1, 2015, (C) 25% of the shares subject to the award shall vest on September 1, 2016 and (D) 25% of the shares
subject to the award shall vest on September 1, 2017. 
 By your signature and the signature of the Company’s representative below, you and the
Company agree that the Restricted Stock Units are granted under and governed by the terms and conditions of the Plan and the Agreement that is attached to and made a part of this document. 

You further agree that the Company may deliver by email all documents relating to the Plan or this award (including, without limitation, prospectuses required
by the U.S. Securities and Exchange Commission) and all other documents that the Company is required to deliver to its security holders (including, without limitation, annual reports and proxy statements). You also agree that the Company may deliver
these documents by posting them on a web site maintained by the Company or by a third party under contract with the Company. If the Company posts these documents on a web site, it will notify you by email. 

By your signature below, you agree to cover all Tax-Related Items as defined in the Agreement. 

 

									
	RECIPIENT:	 		 	EQUINIX, INC.
					
	Signature:	 	 /s/ Charles Meyers
	 		 	By:	 	 /s/ Steve Smith

					
	Print Name:	 	Charles Meyers	 		 	Print Name:	 	Steve Smith
					
	Date:	 	  
	 		 	Title:	 	CEO & President

 EQUINIX, INC. 2000 EQUITY INCENTIVE
PLAN: 
 RESTRICTED STOCK UNIT AGREEMENT 

 

					
	Payment for Shares	 	No payment is required for the Restricted Stock Units you receive.
		
	Vesting	 	The Restricted Stock Units that you are receiving will vest in installments, as shown in the Notice of Restricted Stock Unit Award.
		
		 	No additional Restricted Stock Units vest after your active service as an employee, consultant or director of the Company or a subsidiary of the Company (“Service”) has terminated for any reason. It is intended
that vesting in the Restricted Stock Units is commensurate with a full-time work schedule. For possible adjustments that may be made by the Company, see the Section below entitled “Leaves of Absence and Part-Time Work.”
		
	Settlement of Units	 	 Each Restricted Stock Unit will be settled on the first Trading Day that occurs on or after the day when the Restricted Stock
Unit vests. However, each Restricted Stock Unit must be settled not later than the March 15 of the calendar year after the calendar year in which the Restricted Stock Unit vests.

 
 At the time of settlement, you will receive one share of the Company’s Common Stock
for each vested Restricted Stock Unit.

		
	Trading Day	 	Trading Day means a day that satisfies each of the following requirements:
			
		 	•	  	The Nasdaq Global Market is open for trading on that day,
			
		 	•	  	You are permitted to sell shares of the Company’s Common Stock on that day without incurring liability under Section 16(b) of the Securities Exchange Act of 1934, as amended,
			
		 	•	  	Either (a) you are not in possession of material non-public information that would make it illegal for you to sell shares of the Company’s Common Stock on that day under Rule 10b5 of the Securities and Exchange
Commission or (b) Rule 10b5-1 of the Securities and Exchange Commission is applicable,
			
		 	•	  	Under the Company’s written Insider Trading Policy, you are permitted to sell shares of the Company’s Common Stock on that day, and
			
		 	•	  	You are not prohibited from selling shares of the Company’s Common Stock on that day by a written agreement between you and the Company or a third party.

					
	Change in Control	 	Except to the extent set forth in the Notice of Restricted Stock Unit Award, in the event of any Change in Control (as defined in the Plan), vesting of these Restricted Stock Units will automatically accelerate in full
as described in Article X of the Plan. However, vesting of these Restricted Stock Units will not automatically accelerate if and to the extent these Restricted Stock Units are, in connection with the Change in Control, either to be assumed by
the successor corporation (or its parent) or to be replaced with a comparable award for shares of the capital stock of the successor corporation (or its parent). The determination of award comparability will be made by the Plan Administrator, and
its determination will be final, binding and conclusive.
		
		 	 In addition, you will vest as to 50% of the unvested Restricted Stock Units if the Company is subject to a Change in Control
before your Service terminates, and you are subject to a Qualifying Termination (as defined below) within 12 months after the Change in Control. Change in Control is defined in the Plan.

 
 Notwithstanding the foregoing, any action taken in connection with a Change in Control
must either (a) preserve the exemption of the Restricted Stock Units from Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) or (b) comply with Section 409A of the Code.

		
	Qualifying Termination	 	 A Qualifying Termination means a Separation (as defined below) resulting from: (a) involuntary discharge for any reason other
than Cause (as defined below) within 12 months after a Change in Control; or (b) your voluntary resignation for Good Reason (as defined below), between the date that is four months following a Change in Control and the date that is 12 months
following a Change in Control (provided however, that the grounds for Good Reason may arise at anytime within the 12 months following the Change in Control).
  

Cause means your unauthorized use or disclosure of trade secrets which causes material harm to the Company, your conviction of, or a plea of “guilty”
or “no contest” to, a felony, or your gross misconduct.
  
 Good Reason means
(i) a material diminution in your authority, duties or responsibilities, provided, however, if by virtue of the Company being acquired and made a division or business unit of a larger entity following a Change in Control, you
retain substantially similar authority, duties or responsibilities for such division or business unit of the acquiring corporation but not for the entire acquiring corporation, such reduction in authority, duties or responsibilities shall
not constitute Good Reason for purposes of this subclause (i); (ii) a 10% or greater reduction in your level of compensation, which will be

  
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		 	 determined based on an average of your annual Total Direct Compensation for the prior three calendar years or, if less, the
number of years you have been employed by the Company (referred to below as the “look-back years”); or (iii) a relocation of your place of employment by more than 30 miles, provided and only if such change, reduction or relocation is
effected by the Company without your consent. For purposes of the foregoing, Total Direct Compensation means total target cash compensation (annual base salary plus target annual cash incentives) plus the grant value of equity awards, determined at
the time of grant, based on the total stock compensation (FAS 123R) expense associated with that award; provided, however, that if you commenced employment with the Company during the look-back years, only one-third of the grant value of the equity
grant attributable to commencement of employment shall be counted.
  
 For vesting to
accelerate as a result of a voluntary resignation for Good Reason, all of the following requirements must be satisfied: (1) you must provide notice to the Company of your intent to assert Good Reason within 120 days of the initial existence of one
or more of the conditions set forth in subclauses (i) through (iii); and (2) the Company will have 30 days from the date of such notice to remedy the condition and, if it does so, you may withdraw your resignation or may resign with no acceleration
benefit. Should the Company remedy the condition as set forth above and then one or more of the conditions arises again within twelve (12) months following the occurrence of a Change in Control, you may assert Good Reason again subject to all
of the conditions set forth herein.
  
 Separation means a “separation from
service,” as defined in the regulations under Section 409A of the Code.

		
	Forfeiture	 	If your Service terminates for any reason, then your Restricted Stock Units will be forfeited to the extent that they have not vested before the termination date and do not vest as a result of the termination (including
as a result of a Qualifying Termination as set forth above). This means that the Restricted Stock Units will immediately revert to the Company. You receive no payment for Restricted Stock Units that are forfeited. The Company determines when your
Service terminates for this purpose.
		
	Leaves of Absence and Part-Time Work	 	 For purposes of this award, your Service does not terminate when you go on a military leave, a sick leave or another bona
fide leave of absence, if the leave was approved by the Company in writing. But your Service terminates when the approved leave ends, unless you immediately return to active work.

 
 If you go on a leave of absence that lasts or is expected to last
seven

  
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		 	 days or longer, then vesting will be suspended during the leave to the extent provided for in the Company’s leave policy.
Upon your return to active work (as determined by the Company), vesting will resume; however, unless otherwise provided in the Company’s leave policy, you will not receive credit for any vesting until you work an amount of time equal to the
period of your leave.
  
 If you, and the Company, agree to a reduction in your scheduled
work hours, then the Company reserves the right to modify the rate at which the Restricted Stock Units vest, so that the rate of vesting is commensurate with your reduced work schedule. Any such adjustment shall be consistent with the Company’s
policies for part-time or reduced work schedules or shall be pursuant to the terms of an agreement between you and the Company pertaining to your reduced work schedule.
  

The Company shall not be required to adjust any vesting schedule pursuant to this subsection.

		
	Settlement / Stock Certificates	 	No shares of Common Stock shall be issued to you prior to the date on which the Restricted Stock Units vest. After any Restricted Stock Units vest pursuant to this Agreement, the Company shall promptly cause to be issued
in book-entry form, registered in your name or in the name of your legal representatives or heirs, as the case may be, the number of shares of Common Stock representing your vested Restricted Stock Units. No fractional shares shall be
issued.
		
	Section 409A	 	This paragraph applies only if the Company determines that you are a “specified employee,” as defined in the regulations under Section 409A of the Code, at the time of your “separation from
service,” as defined in those regulations. If this paragraph applies, then any Restricted Stock Units that otherwise would have been settled during the first six months following your separation from service will instead be settled on the first
business day following the six-month anniversary of your separation from service, unless the settlement of those units is exempt from Section 409A of the Code.
		
	Stockholder Rights	 	The Restricted Stock Units do not entitle you to any of the rights of a stockholder of the Company. Your rights shall remain forfeitable at all times prior to the date on which you vest in the Restricted Stock Units
awarded to you. Upon settlement of the Restricted Stock Units into shares of Common Stock, you will obtain full voting and other rights as a stockholder of the Company.
		
	Units Restricted	 	You may not sell, transfer, pledge or otherwise dispose of any Restricted Stock Units or rights under this Agreement other than by will or by the laws of descent and
distribution.

  
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	Withholding Taxes	 	 Regardless of any action the Company and/or your employer (the “Employer”) take with respect to any or all income tax
(including U.S. federal, state and local tax and/or non-U.S. tax), social insurance, payroll tax, payment on account or other tax-related withholding (“Tax-Related Items”), you acknowledge that the ultimate liability for all Tax-Related
Items legally due by you is and remains your responsibility and that the Company and/or the Employer (a) make no representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the Restricted Stock
Units, including the award of the Restricted Stock Units, the vesting of the Restricted Stock Units, the issuance of shares of Common Stock in settlement of the Restricted Stock Units, the subsequent sale of shares acquired at vesting and the
receipt of any dividends; and (b) do not commit to structure the terms of the award or any aspect of the Restricted Stock Units to reduce or eliminate your liability for Tax-Related Items. Prior to the relevant taxable event, you shall pay or make
adequate arrangements satisfactory to the Company and/or the Employer to satisfy all withholding obligations for Tax Related Items of the Company and/or the Employer. With the Company’s consent, these arrangements may include
(a) withholding shares of Company stock that otherwise would be issued to you when they vest, (b) surrendering shares that you previously acquired, or (c) deducting the withholding taxes from any cash compensation payable to you. The fair
market value of the shares you surrender, determined as of the date taxes otherwise would have been withheld in cash, will be applied as a credit against the withholding taxes.
  

The Company may refuse to deliver the shares of Common Stock to you if you fail to comply with your obligations in connection with the Tax-Related Items as
described in this subsection.

		
	Restrictions on Resale	 	You agree not to sell any shares of Common Stock you receive under this Agreement at a time when applicable laws, regulations, Company trading policies (including the Company’s Insider Trading Policy, a copy of
which can be found on the Company’s intranet) or an agreement between the Company and its underwriters prohibit a sale. This restriction will apply as long as your Service continues and for such period of time after the termination of your
Service as the Company may specify.
		
	No Retention Rights	 	Except to the extent provided specifically in an agreement between you and the Company, your award or this Agreement does not give you the right to be employed or retained by the Company or a subsidiary of the Company
in any capacity; the Company and its subsidiaries reserve the right to terminate your Service at any time, with or without cause.
		
		 	In accepting the award, you acknowledge that: (a) the Plan is established voluntarily by the Company, it is discretionary in nature, and it may be

  
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		 	modified, amended, suspended or terminated by the Company at any time, unless otherwise provided in the Plan and this Agreement; (b) the award is voluntary and occasional and does not create any contractual or other
right to receive future awards of Restricted Stock Units, or benefits in lieu of Restricted Stock Units, even if Restricted Stock Units have been granted repeatedly in the past; (c) all decisions with respect to future awards, if any, will be at the
sole discretion of the Company; (d) your participation in the Plan is voluntary; (e) your participation in the Plan shall not create a right to further employment with your Employer and shall not interfere with the ability of your Employer to
terminate your Service at any time with or without cause; (f) the award is an extraordinary item that does not constitute compensation of any kind for services of any kind rendered to the Company or any subsidiary of the Company, and which is
outside the scope of your employment or service contract, if any; (g) the award is not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculation of any severance, resignation, termination,
redundancy, end of service payments, bonuses, long-service awards, pension or retirement or welfare benefits or similar payments and in no event should be considered as compensation for, or relating in any way to, past services for the Company or
any subsidiary of the Company; (h) in the event that you are not an employee of the Company, the award and your participation in the Plan will not be interpreted to form an employment or service contract or relationship with the Company; and,
furthermore, the award and your participation in the Plan will not be interpreted to form an employment or service contract or relationship with the Employer or any other subsidiary of the Company; (i) the future value of the underlying shares of
Common Stock is unknown and cannot be predicted with certainty; (j) in consideration of the award, no claim or entitlement to compensation or damages shall arise from termination of the award or from any diminution in value of the award or shares of
Common Stock acquired upon vesting of the award resulting from termination of Service (for any reason whatsoever and whether or not in breach of local labor laws) and you irrevocably release the Company and any subsidiary of the Company from any
such claim that may arise; if, notwithstanding the foregoing, any such claim is found by a court of competent jurisdiction to have arisen, then, by signing this Agreement, you shall be deemed irrevocably to have waived your entitlement to pursue
such claim; (k) the Company is not providing any tax, legal or financial advice, nor is the Company making any recommendations regarding your participation in the Plan or your acquisition or sale of the underlying shares of Common Stock; and (l) you
are hereby advised to consult with your own personal tax, legal and financial advisors regarding your participation in the Plan before taking any action related to the Plan.

  
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	Adjustments	 	In the event of a stock split, a stock dividend or a similar change in Company stock, the number of Restricted Stock Units that will vest in any future installments will be adjusted accordingly.
		
	Severability	 	The provisions of this Agreement are severable and if any one or more provisions are determined to be invalid or otherwise enforceable, in whole or in part, the remaining provisions shall continue in effect.
		
	Applicable Law	 	 This Agreement will be interpreted and enforced with respect to issues of contract law under the laws of the State of Delaware
(except their choice of law provisions).
  
 For purposes of litigating any dispute that
arises directly or indirectly from the relationship of the parties evidenced by this grant or this Agreement, the parties hereby submit to and consent to the exclusive jurisdiction of the State of California and agree that such litigation shall be
conducted only in the courts of San Mateo County, California, U.S.A. or the federal courts for the United States for the Northern District of California, and no other courts, where this grant is made and/or to be performed.

		
	The Plan and Other Agreements	 	 The text of the Plan is incorporated in this Agreement by reference. A copy of the Plan is available on the Company’s
intranet or by request to the Stock Services Department.
  
 This Agreement and the Plan
constitute the entire understanding between you and the Company regarding this award. Any prior agreements, commitments or negotiations concerning this award are superseded. This Agreement may be amended only by another written agreement between the
parties.

 BY SIGNING THE NOTICE OF
RESTRICTED STOCK UNIT AWARD, YOU AGREE TO 

ALL OF THE TERMS AND CONDITIONS
DESCRIBED ABOVE AND IN THE PLAN. 

  
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