AMENDED AND RESTATED RIGHTS AGREEMENT dated as of April 13, 2012 between STRATUS PROPERTIES INC. and COMPUTERSHARE SHAREOWNER SERVICES LLC, as Rights AgentRights Agreement • April 18th, 2012 • Stratus Properties Inc • Land subdividers & developers (no cemeteries) • New York
Contract Type FiledApril 18th, 2012 Company Industry JurisdictionTHIS AMENDED AND RESTATED RIGHTS AGREEMENT (this “Agreement”), dated as of April 13, 2012, by and between Stratus Properties Inc., a Delaware corporation (the “Company”), and Computershare Shareowner Services (f/k/a Mellon Investor Services LLC), a New Jersey limited liability company, as Rights Agent (the “Rights Agent”), amends and restates the Rights Agreement, dated as of May 16, 2002, between the Company and the Rights Agent, as amended (the “Original Agreement”).