EXHIBIT 4.2 AMENDMENT NO. 1 TO SHAREHOLDER RIGHTS AGREEMENT Amendment, dated as of February 28, 2000 (the "Amendment") to the Shareholder Rights Agreement, dated as of March 9, 1998 (the "Rights Agreement"), by and between AvalonBay Communities, Inc.,...Shareholder Rights Agreement • February 28th, 2000 • Avalonbay Communities Inc • Real estate investment trusts
