FIRST AMENDMENT TO THIRTEENTH AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF DIGITAL REALTY TRUST, L.P.
Exhibit 3.1
FIRST AMENDMENT
TO
THIRTEENTH AMENDED AND RESTATED
AGREEMENT OF LIMITED PARTNERSHIP
OF
THIS FIRST AMENDMENT TO THIRTEENTH AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP of Digital Realty Trust, L.P., dated as of April 7, 2014 (this “First Amendment”), is entered into by and among Digital Realty Trust, Inc., a Maryland corporation (the “Company”), as the General Partner and the Persons whose names are set forth on Exhibit A attached hereto, as the Limited Partners, together with any other Persons who become Partners in the Partnership as provided in the Partnership Agreement (as defined below).
WHEREAS, the General Partner and the Limited Partners have entered into that certain Thirteenth Amended and Restated Agreement of Limited Partnership of Digital Realty Trust, L.P., dated as of March 26, 2014 (the “Partnership Agreement”);
WHEREAS, pursuant to Sections 7.3.C(2) and 7.3.C(3) thereof, the Partnership Agreement may be amended by the General Partner to reflect the issuance of additional Partnership Interests pursuant to Sections 4.3, 4.4, 4.5, 5.4 and 6.2.B thereof and to set forth or amend the designations, rights, powers, duties and preferences of the holders of any additional Partnership Interests issued pursuant to Article 4 thereof; and
WHEREAS, the General Partner and the Partnership believe it is desirable and in the best interest of the Partnership to amend the Partnership Agreement as set forth herein.
NOW, THEREFORE, pursuant to Sections 2.4, 7.3.C(2) and 7.3.C(3) of the Partnership Agreement, the General Partner, on its own behalf and as attorney-in-fact for the Limited Partners, hereby amends the Partnership Agreement as follows::
SECTION 1. Defined Terms. Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Partnership Agreement.
SECTION 2. Amendment of the Partnership Agreement. The Partnership Agreement is hereby amended as follows:
(a) The defined term “Series H Articles Supplementary” contained in Section 1.1 of the Partnership Agreement is hereby amended and restated in its entirety as follows:
“Series H Articles Supplementary” means (i) the Articles Supplementary of the General Partner in connection with its REIT Series H Preferred Shares, as filed with the Maryland State Department of Assessments and Taxation on March 25, 2014, as corrected by the Certificate of Correction filed with, and accepted for record by, the Maryland State Department
of Assessments and Taxation on April 4, 2014 and (ii) the Articles Supplementary of the General Partner in connection with its REIT Series H Preferred Shares, as filed with the Maryland State Department of Assessments and Taxation on April 4, 2014.”
(b) The last sentence in Section 24.1 of the Partnership Agreement is hereby amended and restated in its entirety as follows:
“The number of Series H Preferred Units shall be 15,800,000.”
(c) Exhibit A of the Partnership Agreement is hereby amended and restated in its entirety by the Exhibit A attached hereto.
SECTION 3. Miscellaneous.
(a) Effect of Amendment. Except as specifically modified hereby, all terms and provisions of the Partnership Agreement shall continue to remain in full force and effect. Each reference in the Partnership Agreement to “this Agreement,” “hereunder,” “hereof,” “herein” or words of like import shall mean and be a reference to the Partnership Agreement as amended hereby, and this First Amendment and the Partnership Agreement shall be read together and construed as a single instrument.
(b) Counterparts. This First Amendment may be executed in two or more counterparts, each of which when and as executed shall be deemed to be an original, and all of which when taken together shall constitute one and the same instrument.
(c) Binding Effect. This First Amendment shall be binding upon and inure to the benefit of the parties hereto and their heirs, executors, administrators, successors, legal representatives and permitted assigns.
(d) Headings. The headings in this First Amendment are for convenience of reference only and shall not limit or otherwise affect the meaning hereof.
(e) Applicable Law. This First Amendment shall be construed in accordance with and governed by the laws of the State of Maryland, without regard to the principles of conflicts of law.
(f) Invalidity of Provisions. If any provision of this First Amendment is or becomes invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein shall not be affected thereby.
[Remainder of page intentionally left blank.]
IN WITNESS WHEREOF, the undersigned has executed this Amendment to the Thirteenth Amended and Restated Agreement of Limited Partnership as of the date first written above.
By: Digital Realty Trust, Inc., a Maryland corporation Its General Partner
By: /s/ A. Xxxxxxx Xxxxx A. Xxxxxxx Xxxxx Interim Chief Executive Officer, Chief Financial Officer, Chief Investment Officer and Secretary |
Signature Page to Amendment to Thirteenth Amended and Restated Agreement of
Limited Partnership of Digital Realty Trust, L.P.
S-1
EXHIBIT A
(Dated April 7, 2014)
PARTNERS, CONTRIBUTIONS AND PARTNERSHIP INTERESTS
Common or Profits Interest Units:
Name and Address of Partner |
Cash Contributions |
Agreed Value of Contributed Property*# |
Total Contributions** |
Common or Profits Interest Units |
Percentage Interest - Including Class C |
Percentage Interest - Including Classes C & D |
Percentage Interest - Including Class C & Class D at 10% |
|||||||||||||||||||||
General Partner |
||||||||||||||||||||||||||||
Digital Realty Trust, Inc. |
$ | 3,583,268,750 | $ | 217,890,000 | $ | 3,801,158,750 | 128,606,462 | 97.6273 | % | 97.1779 | % | 97.5822 | % | |||||||||||||||
Limited Partners |
||||||||||||||||||||||||||||
Cambay Xxxx.xxx, LLC |
$ | 11,838,336 | $ | 11,838,336 | 986,528 | 0.7489 | % | 0.7454 | % | 0.7485 | % | |||||||||||||||||
Dell’Osso Family Revocable Trust |
$ | 660,000 | $ | 660,000 | 55,000 | 0.0418 | % | 0.0416 | % | 0.0417 | % | |||||||||||||||||
Xxxxxxx X. Xxxxx |
$ | 452,796 | $ | 452,796 | 37,733 | 0.0286 | % | 0.0285 | % | 0.0286 | % | |||||||||||||||||
Xxxxx X. Xxxxx |
$ | 349,860 | $ | 349,860 | 29,155 | 0.0221 | % | 0.0220 | % | 0.0221 | % | |||||||||||||||||
Xxxxxx Family Revocable Trust |
$ | 3,384,300 | $ | 3,384,300 | 282,025 | 0.2141 | % | 0.2131 | % | 0.2140 | % | |||||||||||||||||
Cedar Kilo Investments, LLC |
33,791 | 0.0257 | % | 0.0255 | % | 0.0256 | % | |||||||||||||||||||||
Magnolia Kilo Investments, LLC |
33,791 | 0.0257 | % | 0.0255 | % | 0.0256 | % | |||||||||||||||||||||
Redwood Kilo Investments, LLC |
33,791 | 0.0257 | % | 0.0255 | % | 0.0256 | % | |||||||||||||||||||||
Total Limited Partners |
1,491,814 | |||||||||||||||||||||||||||
Profits Interest Unit Holders |
||||||||||||||||||||||||||||
Xxxxxxx X. Xxxxxxxx |
160,124 | 0.1216 | % | 0.1210 | % | 0.1215 | % | |||||||||||||||||||||
Xxxx Xxxxx as Trustee of the Xxxxxxxx 2008 Digital Irrevocable Trust |
100,000 | 0.0759 | % | 0.0756 | % | 0.0759 | % | |||||||||||||||||||||
Xxxxxxx X. Xxxxx |
256,356 | 0.1946 | % | 0.1937 | % | 0.1945 | % | |||||||||||||||||||||
A. Xxxxxxx Xxxxx |
142,234 | 0.1080 | % | 0.1075 | % | 0.1079 | % | |||||||||||||||||||||
Xxxxx X. Xxxxxxxx |
94,913 | 0.0721 | % | 0.0717 | % | 0.0720 | % | |||||||||||||||||||||
Xxxxx Xxxxx |
4,081 | 0.0031 | % | 0.0031 | % | 0.0031 | % | |||||||||||||||||||||
Xxxx Xxxxx |
107,196 | 0.0814 | % | 0.0810 | % | 0.0813 | % | |||||||||||||||||||||
Xxxxx Xxxxxx |
49,074 | 0.0373 | % | 0.0371 | % | 0.0372 | % | |||||||||||||||||||||
Xxx Xxxxxxx |
40,403 | 0.0307 | % | 0.0305 | % | 0.0307 | % | |||||||||||||||||||||
Xxxxxx Xxxxx |
42,603 | 0.0323 | % | 0.0322 | % | 0.0323 | % | |||||||||||||||||||||
Xxxxxx Sham |
40,813 | 0.0310 | % | 0.0308 | % | 0.0310 | % | |||||||||||||||||||||
Xxxxx Xxxxxx |
50,267 | 0.0382 | % | 0.0380 | % | 0.0381 | % | |||||||||||||||||||||
Xxxxx Will |
12,913 | 0.0098 | % | 0.0098 | % | 0.0098 | % | |||||||||||||||||||||
Xxxxxxxx X. Xxxxxxx |
2,803 | 0.0021 | % | 0.0021 | % | 0.0021 | % | |||||||||||||||||||||
Xxxxx X. Xxxxx, Ph.D. |
8,192 | 0.0062 | % | 0.0062 | % | 0.0062 | % |
Xxxxxxxx Xxxxxx (Xxxx) | 2,803 | 0.0021 | % | 0.0021 | % | 0.0021 | % | |||||||||
Xxxxxx X. Xxxxxxxxx |
14,640 | 0.0111 | % | 0.0111 | % | 0.0111 | % | |||||||||
Xxxxxx X. Xxxxxx |
5,963 | 0.0045 | % | 0.0045 | % | 0.0045 | % | |||||||||
Xxxxx Xxxxxxx |
17,953 | 0.0136 | % | 0.0136 | % | 0.0136 | % | |||||||||
Xxxxxx Xxxxxxxxx |
6,889 | 0.0052 | % | 0.0052 | % | 0.0052 | % | |||||||||
Xxxxxxxx Xxxx |
11,693 | 0.0089 | % | 0.0088 | % | 0.0089 | % | |||||||||
Xxxxx Xxxxx |
3,268 | 0.0025 | % | 0.0025 | % | 0.0025 | % | |||||||||
Xxxx Xxxxxxxx |
2,488 | 0.0019 | % | 0.0019 | % | 0.0019 | % | |||||||||
Xxxxx Xxxxx |
1,279 | 0.0010 | % | 0.0010 | % | 0.0010 | % | |||||||||
Xxxxxx Xxxxxxx |
7,071 | 0.0054 | % | 0.0053 | % | 0.0054 | % | |||||||||
Xxxx Xxxxxx |
8,468 | 0.0064 | % | 0.0064 | % | 0.0064 | % | |||||||||
Xxxxx Xxxxxxxxxxx |
12,495 | 0.0095 | % | 0.0094 | % | 0.0095 | % | |||||||||
Xxxxx Xxxxxxx |
1,677 | 0.0013 | % | 0.0013 | % | 0.0013 | % | |||||||||
Xxxxxxx XxXxxxx |
1,677 | 0.0013 | % | 0.0013 | % | 0.0013 | % | |||||||||
Xxxxx Xxxxxxx |
4,287 | 0.0033 | % | 0.0032 | % | 0.0033 | % | |||||||||
Xxxxxxx Xxxxxxxxx |
18,351 | 0.0139 | % | 0.0139 | % | 0.0139 | % | |||||||||
Xxxx Xxxxxxx |
3,454 | 0.0026 | % | 0.0026 | % | 0.0026 | % | |||||||||
Total Profits Interest Units |
1,236,428 |
* | Net of Debt (if any) |
# | Agreed Value as of contribution date. Units received in exchange for such contribution may have been distributed to the owners of the contributing Limited Partners from time to time. |
** | Total contributions shown for applicable Limited Partners are as of applicable contribution date. Units received in exchange for such contributions may have been distributed to the owners of the contributing Limited Partners from time to time. |
Class C Unit Holders
Class C Units |
Percentage Interest (All Classes) |
|||||||
10/27/2005-12/28/2005 | ||||||||
Xxxxxxx X. Xxxxxxxx |
216,451 | 0.1636 | % | |||||
5/2/2007 |
||||||||
Xxxxxxx X. Xxxxxxxx |
100,848 | 0.0762 | % | |||||
Xxxx Xxxxx |
20,169 | 0.0152 | % | |||||
Xxxxx Xxxxxx |
20,169 | 0.0152 | % | |||||
Xxxxxx Sham |
8,447 | 0.0064 | % | |||||
Xxxxx Xxxxxx |
11,116 | 0.0084 | % | |||||
Xxxxx Xxxxxxx |
20,169 | 0.0152 | % | |||||
Total Class C Units |
397,369 |
Class D Unit Holders
Class D Units |
Percentage Interest (All Classes) |
|||||||
Xxxxxxx Xxxxx |
169,197 | 0.1278 | % | |||||
A. Xxxxxxx Xxxxx |
90,239 | 0.0682 | % | |||||
Xxxxx Xxxxx |
62,039 | 0.0469 | % | |||||
Xxxxx Xxxxxxxx |
56,399 | 0.0426 | % |
Xxxxxxx Xxxxxxxxx | 39,479 | 0.0298 | % | |||||
Xxxxxx Xxxxx |
33,839 | 0.0256 | % | |||||
Xxxxx Xxxxxx |
23,970 | 0.0181 | % | |||||
Xxxxxx Sham |
23,970 | 0.0181 | % | |||||
Xxxxx Xxxxxxxxxxx |
21,150 | 0.0160 | % | |||||
Xxxxxxxxxxx Xxxxxx |
12,690 | 0.0096 | % | |||||
Xxxxxxxxx Will |
12,690 | 0.0096 | % | |||||
Xxxxxxxx Xxxx |
12,690 | 0.0096 | % | |||||
Xxxx Xxxxxxx |
12,690 | 0.0096 | % | |||||
Xxxxx Xxxxxxx |
8,460 | 0.0064 | % | |||||
Xxxx Xxxxxx |
7,910 | 0.0060 | % | |||||
Xxxxxxx Xxxxxxx |
6,345 | 0.0048 | % | |||||
Xxx Xxxxxxx |
5,499 | 0.0042 | % | |||||
Xxxxxx Xxxxxxxxx |
5,287 | 0.0040 | % | |||||
Xxxxxx Xxxxxxx |
4,653 | 0.0035 | % | |||||
Total Class D Units |
609,196 |
Series E Preferred Units:
Name and Address of Partner |
Gross Asset Value |
Cash Contributions |
Total Contributions |
Preferred | Percentage Interest |
|||||||||||||
Digital Realty Trust, Inc. |
$ | 277,171,885.55 | $ | 277,171,885.55 | 11,500,000 | 100.0000 | % | |||||||||||
Series F Preferred Units: | ||||||||||||||||||
Name and Address of Partner |
Gross Asset Value |
Cash Contributions |
Total Contributions |
Preferred | Percentage Interest |
|||||||||||||
Digital Realty Trust, Inc. |
$ | 176,191,301.29 | $ | 176,191,301.29 | 7,300,000 | 100.0000 | % | |||||||||||
Series G Preferred Units: | ||||||||||||||||||
Name and Address of Partner |
Gross Asset Value |
Cash Contributions |
Total Contributions |
Preferred | Percentage Interest |
|||||||||||||
Digital Realty Trust, Inc. |
$ | 241,467,912.52 | $ | 241,467,912.52 | 10,000,000 | 100.0000 | % | |||||||||||
Series H Preferred Units: | ||||||||||||||||||
Name and Address of Partner |
Gross Asset Value |
Cash Contributions |
Total Contributions |
Preferred | Percentage Interest |
|||||||||||||
Digital Realty Trust, Inc. |
$ | 354,077,500.00 | $ | 354,077,500.00 | 14,600,000 | 100.0000 | % |