13,200,000 Shares HRPT PROPERTIES TRUST (a Maryland real estate investment trust)Purchase Agreement • October 10th, 2006 • HRPT Properties Trust • Real estate investment trusts • Maryland
HRPT Properties Trust, a Maryland real estate investment trust (the “Company”), confirms its agreement with Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”) and Banc of America Securities LLC (“BAS”), and each of the other Underwriters named in Schedule A hereto (collectively, the “Underwriters”, which term shall also include any underwriter substituted as hereinafter provided in Section 10 hereof), for whom Merrill Lynch and BAS are acting as representatives (in such capacity, the “Representatives”), with respect to the issue and sale by the Company and the purchase by the Underwriters, acting severally and not jointly, of the respective numbers of shares of 6.50% Series D Cumulative Convertible Preferred Shares (Liquidation Preference $25 Per Share) (the “Preferred Shares”) set forth in said Schedule A, and with respect to the grant by the Company to the Underwriters, acting severally and not jointly, of the option described in Section 2(b) hereof to purchase all
