Common use of Restricted Stock Granted to Persons other than Partnership Employees Clause in Contracts

Restricted Stock Granted to Persons other than Partnership Employees. If at any time or from time to time, in connection with any Equity Plan (other than a Stock Option Plan), any REIT Shares are issued to a Person other than a Partnership Employee in consideration for services performed for the General Partner: (1) The General Partner shall issue such number of REIT Shares as are to be issued to such Person in accordance with the Equity Plan; and (2) On the date (such date, the “Vesting Date”) that the Value of such shares is includible in taxable income of such Person, the following events will be deemed to have occurred: (a) the General Partner shall be deemed to have contributed the Value of such REIT Shares to the Partnership as a Capital Contribution, and (b) the Partnership shall issue to the General Partner on the Vesting Date a number of Common Units equal to the number of newly issued REIT Shares divided by the Adjustment Factor then in effect.

Restricted Stock Granted to Persons other than Partnership Employees. If at any time or from time to time, in connection with any Equity Plan (other than a Stock Option Plan), any REIT Shares are issued to a Person other than a Partnership Employee in consideration for services performed for the General Partner: (1) The General Partner shall issue such number of REIT Shares as are to be issued to such Person in accordance with the Equity Plan; and and (2) On the date (such date, the “Vesting Date”) that the Value of such shares is includible in taxable income of such Person, the following events will be deemed to have occurred: (a) the General Partner shall be deemed to have contributed the Value of such REIT Shares to the Partnership as a Capital Contribution, and (b) the Partnership shall issue to the General Partner on the Vesting Date a number of Common Units equal to the number of newly issued REIT Shares divided by the Adjustment Factor then in effect.

Restricted Stock Granted to Persons other than Partnership Employees. If at any time or from time to time, in connection with any Equity Plan (other than a Stock Option Plan), any REIT Shares are issued to a Person other than a Partnership Employee in consideration for services performed for the General Partner: (1) The General Partner shall issue such number of REIT Shares as are to be issued to such Person in accordance with the Equity Plan; and (2) On the date (such date, the “Vesting Date”) that the Value of such shares is includible in taxable income of such Person, the following events will be deemed to have occurred: (a) the General Partner shall be deemed to have contributed the Value of such REIT Shares to the Partnership as a Capital Contribution, and (b) the Partnership shall issue to the General Partner on the Vesting Date a number of Common Units equal to the number of newly issued REIT Shares divided by the Adjustment Factor then in effect.

Restricted Stock Granted to Persons other than Partnership Employees. If at any time or from time to time, in connection with any Equity Plan (other than a Stock Option Incentive Plan), any Common REIT Shares are issued to a Person other than a Partnership Employee in consideration for services performed for the General PartnerParent: (1i) The General Partner Parent shall issue such number of Common REIT Shares as are to be issued to such Person in accordance with the Equity Incentive Plan; and (2ii) On the date (such date, the “Vesting Date”) that the Value of such shares is includible in the taxable income of such Person, the following events will be deemed to have occurred: (aA) the General Partner Parent shall be deemed to have contributed the Value of such Common REIT Shares to the Partnership as a Capital Contribution, and (bB) the Partnership shall issue to the General Partner Parent on the Vesting Date a number of Common OP Units equal to the number of newly issued Common REIT Shares divided by the Adjustment Factor then in effect.

Restricted Stock Granted to Persons other than Partnership Employees. If at any time or from time to time, in connection with any Equity Stock Plan (other than a Stock Option Planin connection with one or more stock options), any REIT Shares are issued to a Person other than a Partnership Employee in consideration for services performed for the General Partner: (1a) The General Partner shall issue such number of REIT Shares as are to be issued to such Person in accordance with the Equity Stock Plan; and (2b) On the date (such date, the “Vesting Date”) that the Fair Market Value of such shares is includible in taxable income of such Person, the following events will be deemed to have occurred: (ai) the General Partner shall be deemed to have contributed the Fair Market Value of such REIT Shares to the Partnership as a Capital Contribution, and (bii) the Partnership shall issue to the General Partner on the Vesting Date a number of Common Partnership Units equal to the number of newly issued REIT Shares divided by the Adjustment Factor then in effectShares.