DIGITAL REALTY TRUST, INC.
5707 SOUTHWEST PARKWAY
BUILDING 1, SUITE 275
AUSTIN, TX 78735
August 24, 2021
A. William Stein
c/o Digital Realty Trust, Inc.
5707 Southwest Parkway
Building 1, Suite 275
Austin, Texas 78735
Re: AMENDMENT TO JULY 2, 2018 EMPLOYMENT AGREEMENT
This letter amendment (the “Amendment”) to that certain employment letter agreement (the “Agreement”), dated as of July 2, 2018, by and between you and Digital Realty Trust, Inc. (“REIT”), Digital Realty Trust, L.P. and DLR LLC (“Employer”, and together with the REIT, the “Company”), is made and entered into as of the date first set forth above (the “Amendment Effective Date”). Effective as of the Amendment Effective Date, the Agreement is hereby amended as follows:
Section 1 of the Agreement is hereby amended and restated in its entirety as follows:
“TERM. Subject to the provisions for earlier termination hereinafter provided, your employment hereunder shall be for a term (the “Term”) commencing on the Effective Date and ending on the third (3rd) anniversary of the Effective Date (the “Initial Termination Date”). If not previously terminated, the Term shall automatically be extended for one additional year on the Initial Termination Date and on each anniversary thereof unless either you or the Company elect not to so extend the Term by notifying the other party, in writing, of such election not less than sixty (60) days prior to the expiration of the then-current Term.”
The fourth sentence of Section 2 of the Agreement is hereby amended and restated in its entirety as follows:
“You will report to the Board of Directors of the REIT (the “Board”), and will work full-time at our principal offices located in Austin, Texas (or such other location in the greater metropolitan area of Austin as the Company may utilize as its principal offices), except for travel to other locations as may be necessary to fulfill your responsibilities.”