Digital Realty Trust (DLR) 8-K Entry into a Material Definitive Agreement

Exhibit 3.1

FIRST AMENDMENT

TO

THIRTEENTH AMENDED AND RESTATED

AGREEMENT OF LIMITED PARTNERSHIP

OF

DIGITAL REALTY TRUST, L.P.

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 toSections 7.3.C(2) and7.3.C(3) thereof, the Partnership Agreement may be amended by the General Partner to reflect the issuance of additional Partnership Interests pursuant toSections 4.3,4.4,4.5,5.4 and6.2.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 toArticle 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 toSections 2.4,7.3.C(2) and7.3.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 inSection 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 inSection 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 theExhibit 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.

DIGITAL REALTY TRUST, L.P.

By: Digital Realty Trust, Inc.,

a Maryland corporation

Its General Partner

By:/s/ A. William Stein                                    

A. William Stein

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 Tele.com, 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	%
William C. Scott			$	452,796	$	452,796		37,733		0.0286	%		0.0285	%		0.0286	%
Nancy A. Scott			$	349,860	$	349,860		29,155		0.0221	%		0.0220	%		0.0221	%
Wilson 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
Richard A. Magnuson								160,124		0.1216	%		0.1210	%		0.1215	%
Mary White as Trustee of the Magnuson 2008 Digital Irrevocable Trust								100,000		0.0759	%		0.0756	%		0.0759	%
Michael F. Foust								256,356		0.1946	%		0.1937	%		0.1945	%
A. William Stein								142,234		0.1080	%		0.1075	%		0.1079	%
Scott E. Peterson								94,913		0.0721	%		0.0717	%		0.0720	%
Wayne Allen								4,081		0.0031	%		0.0031	%		0.0031	%
Dave Caron								107,196		0.0814	%		0.0810	%		0.0813	%
Chris Kenney								49,074		0.0373	%		0.0371	%		0.0372	%
Jon Paulsen								40,403		0.0307	%		0.0305	%		0.0307	%
Joshua Mills								42,603		0.0323	%		0.0322	%		0.0323	%
Edward Sham								40,813		0.0310	%		0.0308	%		0.0310	%
Ellen Jacobs								50,267		0.0382	%		0.0380	%		0.0381	%
Wendy Will								12,913		0.0098	%		0.0098	%		0.0098	%
Laurence A. Chapman								2,803		0.0021	%		0.0021	%		0.0021	%
Ruann F. Ernst, Ph.D.								8,192		0.0062	%		0.0062	%		0.0062	%

Kathleen Earley (Reed)	2,803	0.0021	%	0.0021	%	0.0021	%
Dennis E. Singleton	14,640	0.0111	%	0.0111	%	0.0111	%
Robert H. Zerbst	5,963	0.0045	%	0.0045	%	0.0045	%
Glenn Benoist	17,953	0.0136	%	0.0136	%	0.0136	%
Joseph Goldsmith	6,889	0.0052	%	0.0052	%	0.0052	%
Jennifer Xiao	11,693	0.0089	%	0.0088	%	0.0089	%
James Smith	3,268	0.0025	%	0.0025	%	0.0025	%
Adil Attlassy	2,488	0.0019	%	0.0019	%	0.0019	%
Keith Dines	1,279	0.0010	%	0.0010	%	0.0010	%
Carrie Pedraza	7,071	0.0054	%	0.0053	%	0.0054	%
Mark Walker	8,468	0.0064	%	0.0064	%	0.0064	%
David Schirmacher	12,495	0.0095	%	0.0094	%	0.0095	%
Kevin Kennedy	1,677	0.0013	%	0.0013	%	0.0013	%
William LaPerch	1,677	0.0013	%	0.0013	%	0.0013	%
Steve Kundich	4,287	0.0033	%	0.0032	%	0.0033	%
Matthew Miszewski	18,351	0.0139	%	0.0139	%	0.0139	%
John Stewart	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
Richard A. Magnuson		216,451		0.1636	%
5/2/2007
Richard A. Magnuson		100,848		0.0762	%
Dave Caron		20,169		0.0152	%
Chris Kenney		20,169		0.0152	%
Edward Sham		8,447		0.0064	%
Ellen Jacobs		11,116		0.0084	%
Glenn Benoist		20,169		0.0152	%
Total Class C Units		397,369

Class D Unit Holders

	Class D Units		Percentage Interest (All Classes)
Michael Foust		169,197		0.1278	%
A. William Stein		90,239		0.0682	%
David Caron		62,039		0.0469	%
Scott Peterson		56,399		0.0426	%

Matthew Miszewski	39,479	0.0298	%
Joshua Mills	33,839	0.0256	%
Ellen Jacobs	23,970	0.0181	%
Edward Sham	23,970	0.0181	%
David Schirmacher	21,150	0.0160	%
Christopher Kenney	12,690	0.0096	%
Winnifred Will	12,690	0.0096	%
Jennifer Xiao	12,690	0.0096	%
John Stewart	12,690	0.0096	%
Glenn Benoist	8,460	0.0064	%
Mark Walker	7,910	0.0060	%
Stephen Kundich	6,345	0.0048	%
Jon Paulsen	5,499	0.0042	%
Joseph Goldsmith	5,287	0.0040	%
Carrie Pedraza	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	%