0000866368-20-000023 Sample Contracts

PS BUSINESS PARKS, INC. FORM OF NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • October 28th, 2020 • Ps Business Parks Inc/Ca • Real estate investment trusts • California

THIS NON-QUALIFIED STOCK OPTION AGREEMENT (the “Option Agreement”) is made as of [Grant Date], (the “Grant Date”), by and between PS Business Parks, Inc., acting on its own behalf (the “Company”), and on behalf of PS Business Parks, L.P. as its sole general partner (the “Partnership”)(as appropriate in context below, references to the Company shall also include the Partnership) and [Optionee Name], an employee of the Company, one of its Subsidiaries or a Service Provider (the “Optionee”). Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Company’s 2012 Equity and Performance-Based Incentive Compensation Plan (the “Plan”).

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PS BUSINESS PARKS, INC. STOCK UNIT AGREEMENT
Stock Unit Agreement • October 28th, 2020 • Ps Business Parks Inc/Ca • Real estate investment trusts • California

THIS STOCK UNIT AGREEMENT (the “Agreement”) is made as of ______________ (the “Grant Date”), by and between PS Business Parks, Inc. (the “Company”), and __________________ (the “Grantee”). Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Company’s 2012 Equity and Performance-Based Incentive Compensation Plan (as amended from time to time, the “Plan”).

PS BUSINESS PARKS, INC. RESTATED RESTRICTED STOCK UNIT AGREEMENT
Restricted Stock Unit Agreement • October 28th, 2020 • Ps Business Parks Inc/Ca • Real estate investment trusts • California

THIS RESTATED RESTRICTED STOCK UNIT AGREEMENT (the “Agreement”) is made as of [Restatement Date] (the “Restatement Date”), by and between PS Business Parks, Inc., acting on its own behalf (the “Company”), and on behalf of PS Business Parks, L.P. as its sole general partner (the “Partnership”)(as appropriate in context below, references to the Company shall also include the Partnership), and [Name of Grantee], an employee of the Company, a Subsidiary or a Service Provider (the “Grantee”).

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