Common use of RSU Award Clause in Contracts

RSU Award. The Company hereby grants the Participant an Award of [ ] Restricted Share Units (“RSUs”). Each RSU represents the right to receive, upon vesting and the satisfaction of any required tax withholding obligation, one share of common stock, par value $0.01, of Taubman Centers, Inc. (“TCO”) (“Common Stock”).

RSU Award. The Company hereby grants the Participant an Award of [ ] Restricted Share Units (“RSUs”). Each RSU represents the right to receive, upon vesting and the satisfaction of any required tax withholding obligation, one share of common stock, par value $0.01, of Taubman Centers, Inc. (“TCO”) (“Common Stock”), subject to adjustment as provided under paragraph 4 below and elsewhere in this Award Agreement.

RSU Award. The Company hereby grants the Participant an Award of [ ] the number of Restricted Share Stock Units (“RSUs”)) set forth above. Each RSU represents the right to receive, upon vesting and the satisfaction of any required tax withholding obligation, one share of common stock, par value $0.010.16, of Taubman Centers, Inc. the Company (“TCO”) (“Common StockShares”).

RSU Award. The Company hereby grants the Participant an Award of [ ] Restricted Share Stock Units (“RSUs”). Each RSU represents the right to receive, upon vesting and the satisfaction of any required tax withholding obligation, one share of common stock, par value $0.01, of Taubman Centers, Inc. (“TCO”) (“Common Stock”).