Common use of Stock Incentive Plans Clause in Contracts

Stock Incentive Plans. (a) If grants of REIT Shares are made in connection with a Stock Incentive Plan: (i) The Company, through the General Partner and GTA LP, shall contribute, as soon as practicable after such grant, to the Partnership (to be thereafter taken into account for the purposes of calculating any cash distributable to the Partners), an amount equal to the price, if any, paid to the Company by the party receiving such REIT Shares; (ii) The Partnership shall issue to the General Partner and GTA LP an aggregate number of additional Partnership Units equal to the product of (1) the number of such REIT Shares issued by the Company, MULTIPLIED BY (2) a fraction, the numerator of which is 100%, and the denominator of which is the Conversion Factor in effect on the date of such contribution; and (iii) The General Partner's and GTA LP's Percentage Interest and the Percentage Interests of the other Limited Partners shall be adjusted as set forth in Section 4.02. (b) If stock options or warrants granted in connection with a Stock Incentive Plan are exercised: (i) The Company, through the General Partner and GTA LP, shall contribute, as soon as practicable after such exercise, to the Partnership (to be thereafter taken into account for purposes of calculating any cash distributable to the Partners), an amount equal to the exercise price, if any, paid to the Company by the exercising party in connection with the exercise of the option or warrant; (ii) The Partnership shall issue to the General Partner and GTA LP an aggregate number of additional Partnership Units equal to the product of (1) the number of REIT Shares issued by the Company in satisfaction of such exercised option or warrant, MULTIPLIED BY (2) a fraction, the numerator of which is 100%, and the denominator of which is the Conversion Factor in effect on the date of such contribution; and (iii) The General Partner's and GTA LP's Percentage Interest and the Percentage Interests of the other Limited Partners shall be adjusted as set forth in Section 4.02. (c) If the Company grants any director, officer or employee share appreciation rights, performance share awards or other similar rights ("Incentive Rights"), then simultaneously, the Partnership shall grant the General Partner and GTA LP corresponding and economically equivalent rights with respect to their Partnership Units. Consequently, upon the cash payment by the Company to its directors, officers or employees pursuant to such Incentive Rights, the Partnership shall make an equal cash payment to the General Partner and GTA LP.

Stock Incentive Plans. (a) If grants of REIT Company Shares are made --------------------- in connection with a Stock Incentive Plan: (i) The Company, through the General Partner and GTA LP, Company shall contribute, as soon as practicable after such grant, to the Partnership (to be thereafter taken into account for the purposes of calculating any cash distributable to the Partners), an amount equal to the price, if any, paid to the Company by the party receiving such REIT Company Shares; (ii) The Partnership shall issue to the General Partner and GTA LP Company an aggregate number of additional Partnership Units equal to the product of (1) the number of such REIT Company Shares issued by the Company, MULTIPLIED BY multiplied by ---------- -- (2) a fraction, the numerator of which is 100%, and the denominator of which is the Conversion Factor in effect on the date of such contribution; and (iii) The General Partner's and GTA LPCompany's Percentage Interest and the Percentage Interests of the other Limited Partners shall be adjusted as set forth in Section 4.02. (b) If stock options or warrants granted in connection with a Stock Incentive Plan are exercised: (i) The Company, through the General Partner and GTA LP, Company shall contribute, as soon as practicable after such exercise, to the Partnership (to be thereafter taken into account for purposes of calculating any cash distributable to the Partners), an amount equal to the exercise price, if any, paid to the Company by the exercising party in connection with the exercise of the option or warrant; (ii) The Partnership shall issue to the General Partner and GTA LP Company an aggregate number of additional Partnership Units equal to the product of (1) the number of REIT Company Shares issued by the Company in satisfaction of such exercised option or warrant, MULTIPLIED BY multiplied by (2) a fraction, the ---------- -- numerator of which is 100%, and the denominator of which is the Conversion Factor in effect on the date of such contribution; and (iii) The General Partner's and GTA LPCompany's Percentage Interest and the Percentage Interests of the other Limited Partners shall be adjusted as set forth in Section 4.02. (c) If the Company grants any director, officer or employee share appreciation rights, performance share awards or other similar rights ("Incentive Rights"), then simultaneously, the Partnership shall grant the General Partner and GTA LP Company corresponding and economically equivalent rights with respect to their Partnership Unitsrights. Consequently, upon the cash payment by the Company to its directors, officers or employees pursuant to such Incentive Rights, the Partnership shall make an equal cash payment to the General Partner and GTA LPCompany.

Stock Incentive Plans. (a) If grants of REIT Company Shares are made in --------------------- connection with a Stock Incentive Plan: (i) The Company, through the General Partner and GTA LP, Company shall contribute, as soon as practicable after such grant, to the Partnership (to be thereafter taken into account for the purposes of calculating any cash distributable to the Partners), an amount equal to the price, if any, paid to the Company by the party receiving such REIT Company Shares; (ii) The Partnership shall issue to the General Partner and GTA LP Company an aggregate number of additional Partnership Units equal to the product of (1) the number of such REIT Company Shares issued by the Company, MULTIPLIED BY multiplied by (2) a fraction, the ------------- numerator of which is 100%, and the denominator of which is the Conversion Factor in effect on the date of such contribution; and (iii) The General Partner's and GTA LPCompany's Percentage Interest and the Percentage Interests of the other Limited Partners shall be adjusted as set forth in Section 4.02. (b) If stock options or warrants granted in connection with a Stock Incentive Plan are exercised: (i) The Company, through the General Partner and GTA LP, Company shall contribute, as soon as practicable after such exercise, to the Partnership (to be thereafter taken into account for purposes of calculating any cash distributable to the Partners), an amount equal to the exercise price, if any, paid to the Company by the exercising party in connection with the exercise of the option or warrant; (ii) The Partnership shall issue to the General Partner and GTA LP Company an aggregate number of additional Partnership Units equal to the product of (1) the number of REIT Company Shares issued by the Company in satisfaction of such exercised option or warrant, MULTIPLIED BY multiplied by (2) a fraction, the numerator of which is 100%, and the ------------- denominator of which is the Conversion Factor in effect on the date of such contribution; and (iii) The General Partner's and GTA LPCompany's Percentage Interest and the Percentage Interests of the other Limited Partners shall be adjusted as set forth in Section 4.02. (c) If the Company grants any director, officer or employee share appreciation rights, performance share awards or other similar rights ("Incentive Rights"), then simultaneously, the Partnership shall grant the General Partner and GTA LP Company corresponding and economically equivalent rights with respect to their Partnership Unitsrights. Consequently, upon the cash payment by the Company to its directors, officers or employees pursuant to such Incentive Rights, the Partnership shall make an equal cash payment to the General Partner and GTA LPCompany.

Stock Incentive Plans. (a) If grants of REIT Shares are made in --------------------- connection with a Stock Incentive Plan: (i) The Company, through the General Partner and GTA LPthe REIT Limited Partner, shall contribute, as soon as practicable after such grant, to the Partnership (to be thereafter taken into account for the purposes of calculating any cash distributable to the Partners), an amount equal to the price, if any, paid to the Company by the party receiving such REIT Shares; (ii) The Partnership shall issue to the General Partner and GTA LP the REIT Limited Partner an aggregate number of additional Partnership Units equal to the product of (1) the number of such REIT Shares issued by the Company, MULTIPLIED BY multiplied by (2) a fraction, the numerator of which is 100%, and ------------- the denominator of which is the Conversion Factor in effect on the date of such contribution; and (iii) The General Partner's and GTA LPthe REIT Limited Partner's Percentage Interest and the Percentage Interests of the other Limited Partners shall be adjusted as set forth in Section 4.02. (b) If stock options or warrants granted in connection with a Stock Incentive Plan are exercised: (i) The Company, through the General Partner and GTA LPthe REIT Limited Partner, shall contribute, as soon as practicable after such exercise, to the Partnership (to be thereafter taken into account for purposes of calculating any cash distributable to the Partners), an amount equal to the exercise price, if any, paid to the Company by the exercising party in connection with the exercise of the option or warrant; (ii) The Partnership shall issue to the General Partner and GTA LP the REIT Limited Partner an aggregate number of additional Partnership Units equal to the product of (1) the number of REIT Shares issued by the Company in satisfaction of such exercised option or warrant, MULTIPLIED BY multiplied by (2) a ------------- fraction, the numerator of which is 100%, and the denominator of which is the Conversion Factor in effect on the date of such contribution; and (iii) The General Partner's and GTA LPthe REIT Limited Partner's Percentage Interest and the Percentage Interests of the other Limited Partners shall be adjusted as set forth in Section 4.02. (c) If the Company grants any director, officer or employee share appreciation rights, performance share awards or other similar rights ("Incentive Rights"), then simultaneously, the Partnership shall grant the General Partner and GTA LP the REIT Limited Partner corresponding and economically equivalent rights with respect to their Partnership Unitsrights. Consequently, upon the cash payment by the Company to its directors, officers or employees pursuant to such Incentive Rights, the Partnership shall make an equal cash payment to the General Partner and GTA LPthe REIT Limited Partner.