Taleo Corporation

On May 23, 2011, Taleo Corporation ("Taleo") entered into a manual replacement statement of work (the "Agreement") with Equinix Operating Co., Inc. ("Equinix") pursuant to which Equinix will provide colocation services to Taleo. Pursuant to the terms of the Agreement, Equinix will provide space, electrical power and other colocation services at its web hosting facilities in Virginia for Taleo's hosting infrastructure. Under the terms of the Agreement, Taleo will pay Equinix aggregate fees of approximately $8.6 million over the next five years.