0000729237-11-000031 Sample Contracts

PARKWAY PROPERTIES, INC. Restricted Share Agreement FOCUS Plan Absolute Return Goal
Restricted Share Agreement • May 18th, 2011 • Parkway Properties Inc • Real estate investment trusts

We are pleased to notify you that the Committee under the Parkway Properties, Inc. 2011 Employee Inducement Award Plan (the “Incentive Plan”) has designated you as the recipient of a grant of Restricted Shares, as part of the Company’s FOCUS Plan. This letter, once signed by you, will constitute your Restricted Share agreement. The grant is subject to your entry into this agreement.

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PARKWAY PROPERTIES, INC. Restricted Share Agreement FOCUS Plan Time-Based Award
Restricted Share Agreement • May 18th, 2011 • Parkway Properties Inc • Real estate investment trusts

We are pleased to notify you that the Committee under the Parkway Properties, Inc. 2011 Employee Inducement Award Plan (the “Incentive Plan”) has designated you as the recipient of a grant of Restricted Shares. This letter, once signed by you, will constitute your Restricted Share agreement. The grant is subject to your entry into this agreement.

PARKWAY PROPERTIES LP AMENDMENT TO EXHIBIT A OF THE AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP
Amendment to Exhibit a of the Amended and Restated Agreement of Limited Partnership • May 18th, 2011 • Parkway Properties Inc • Real estate investment trusts

Exhibit A of the Amended and Restated Agreement of Limited Partnership of Parkway Properties LP, is hereby amended in its entirety to read as follows:

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