Common Contracts

2 similar Option Award Agreement contracts by Glimcher Realty Trust

OPTION AWARD AGREEMENT Issued Pursuant to the of Glimcher Realty Trust
Option Award Agreement • May 24th, 2007 • Glimcher Realty Trust • Real estate investment trusts • New York

THIS OPTION AWARD AGREEMENT (“Agreement”), effective ____ , (the “Effective Date”) represents the grant of a nonqualified option (“Option”) by Glimcher Realty Trust (the “Company”), to__________ (the “Participant”) pursuant to the provisions of the Glimcher Realty Trust 2004 Amended and Restated Incentive Compensation Plan adopted by its Board of Trustees (the “Board”) on or about March 15, 2004 (the “Plan”), initially approved by the Company’s shareholders on May 7, 2004 and, with respect to certain amendments and other matters, again on May 11, 2007. The Option granted hereby is intended to be an “NQSO” as such term is defined in the Plan.

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OPTION AWARD AGREEMENT Issued Pursuant to the
Option Award Agreement • May 24th, 2007 • Glimcher Realty Trust • Real estate investment trusts • New York

THIS OPTION AWARD AGREEMENT (“Agreement”), effective __________, (the “Effective Date”) represents the grant of an incentive option (“Option”) by Glimcher Realty Trust (the “Company”), to ___________ (the “Participant”) pursuant to the provisions of the Glimcher Realty Trust 2004 Amended and Restated Incentive Compensation Plan adopted by its Board of Trustees (the “Board”) on or about March 15, 2004 (the “Plan”), initially approved by the Company’s shareholders on May 7, 2004 and, with respect to certain amendments and other matters, again on May 11, 2007. Option granted hereby is intended to be an “ISO”, as such term is defined in the Plan, within the meaning of Section 422 of the Code to the maximum extent permissible under the Code.1 To the extent that the Option does not qualify as an ISO, the Option or the portion thereof which does not so qualify shall constitute a separate nonqualified option.

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