Common use of Grant of LTIP Units Clause in Contracts

Grant of LTIP Units. [] (the “Grantee”), is hereby awarded [] LTIP Units (the “LTIP Units”) in NSA OP, LP (the “Partnership”), by National Storage Affiliates Trust, in its sole capacity as general partner of the Partnership, on the date hereof subject to the terms and conditions of this 2017 LTIP Unit Award Agreement (this “Agreement”) and subject to the provisions of the National Storage Affiliates Trust 2015 Equity Incentive Plan (the “Plan”) and the Third Amended and Restated Limited Partnership Agreement of the Partnership, dated as of April 28, 2015 (as amended, the “Partnership Agreement”). The Plan is hereby incorporated herein by reference as though set forth herein in its entirety. Definitions not included herein shall have the meaning set forth in the Plan and Partnership Agreement, as applicable.

Grant of LTIP Units. [●] (the “"Grantee”"), is hereby awarded [●] LTIP Units (the “"LTIP Units”") in NSA OP, LP (the “"Partnership”"), by National Storage Affiliates TrustTrust ("NSA"), in its sole capacity as general partner of the Partnership, on the date hereof subject to the terms and conditions of this 2017 20[●] LTIP Unit Award Agreement (this “"Agreement”") and subject to the provisions of the National Storage Affiliates Trust 2015 NSA 2024 Equity Incentive Plan (the “"Plan”") and the Third Fourth Amended and Restated Limited Partnership Agreement of the Partnership, dated effective as of April 28July 1, 2015 2024 (as amended, the “"Partnership Agreement”"). The Plan is hereby incorporated herein by reference as though set forth herein in its entirety. Definitions not included herein shall have the meaning set forth in the Plan and Partnership Agreement, as applicable.

Grant of LTIP Units. [] (the “Grantee”), is hereby awarded [] LTIP Units (the “LTIP Units”) in NSA OP, LP (the “Partnership”), by National Storage Affiliates Trust, in its sole capacity as general partner of the Partnership, on the date hereof subject to the terms and conditions of this 2017 LTIP Unit Award Agreement (this “Agreement”) and subject to the provisions of the National Storage Affiliates Trust 2015 Equity Incentive Plan (the “Plan”) and the Third Amended and Restated Limited Partnership Agreement of the Partnership, dated as of April 28, 2015 (as amended, the “Partnership Agreement”). The Plan is hereby incorporated herein by reference as though set forth herein in its entirety. Definitions not included herein shall have the meaning set forth in the Plan and Partnership Agreement, as applicable.

Grant of LTIP Units. [●] (the “"Grantee”"), is hereby awarded [●] LTIP Units (the “"LTIP Units”") in NSA OP, LP (the “"Partnership”"), by National Storage Affiliates TrustTrust ("NSA"), in its sole capacity as general partner of the Partnership, on the date hereof subject to the terms and conditions of this 2017 20[●] LTIP Unit Award Agreement (this “"Agreement”") and subject to the provisions of the National Storage Affiliates Trust 2015 NSA [2015] Equity Incentive Plan (the “"Plan”") and the Third Amended and Restated Limited Partnership Agreement of the Partnership, dated as of April 28, 2015 (as amended, the “"Partnership Agreement”"). The Plan is hereby incorporated herein by reference as though set forth herein in its entirety. Definitions not included herein shall have the meaning set forth in the Plan and Partnership Agreement, as applicable.

Grant of LTIP Units. [] (the “Grantee”), is hereby awarded [] LTIP Units (the “LTIP Units”) in NSA OP, LP (the “Partnership”), by National Storage Affiliates Trust, in its sole capacity as general partner of the Partnership, on the date hereof subject to the terms and conditions of this 2017 20[] LTIP Unit Award Agreement (this “Agreement”) and subject to the provisions of the National Storage Affiliates Trust 2015 Equity Incentive Plan (the “Plan”) and the Third Amended and Restated Limited Partnership Agreement of the Partnership, dated as of April 28, 2015 (as amended, the “Partnership Agreement”). The Plan is hereby incorporated herein by reference as though set forth herein in its entirety. Definitions not included herein shall have the meaning set forth in the Plan and Partnership Agreement, as applicable.