FIFTH AMENDED AND RESTATED CREDIT AGREEMENT DATED AS OF FEBRUARY 20, 2003 BY AND AMONG GABLES REALTY LIMITED PARTNERSHIP AND GABLES-TENNESSEE PROPERTIES, L.L.C., AS BORROWERS WACHOVIA SECURITIES, INC., AS SOLE LEAD ARRANGER AND SOLE BOOK RUNNER,...Credit Agreement • March 31st, 2003 • Gables Residential Trust • Real estate investment trusts • Georgia
THIS FIFTH AMENDED AND RESTATED CREDIT AGREEMENT dated as of February 20, 2003 by and among GABLES REALTY LIMITED PARTNERSHIP, a Delaware limited partnership ("Parent"), GABLES-TENNESSEE PROPERTIES, L.L.C., a Tennessee limited liability company ("Gables-TN"; Parent and Gables-TN are hereinafter referred to collectively as "Borrowers"), each of the financial institutions initially a signatory hereto together with their assignees pursuant to Section 12.5(d) (collectively, the "Lenders" and individually a "Lender"), and WACHOVIA BANK, NATIONAL ASSOCIATION, as Agent (the "Agent"). WHEREAS, the Borrowers, Wachovia Bank, National Association and certain other lenders entered into that certain Fourth Amended and Restated Credit Agreement dated as of June 27, 2002, as amended to date (the "Fourth Amended Credit Agreement"); and WHEREAS, Borrowers have requested that Agent and the Lenders amend certain provisions of the Fourth Amended Credit Agreement; and WHEREAS, Agent, Borrowers
RESTRICTED SHARE AWARD AGREEMENTRestricted Share Award Agreement • March 31st, 2003 • Gables Residential Trust • Real estate investment trusts
Name of Grantee: Number of Shares: Purchase Price per Share: $.01 (i.e., par value) Grant Date: March 10, 2003 Final Acceptance Date: May 9, 2003 (60 days after Grant Date) In accordance with authority granted to the undersigned officer pursuant to a duly adopted resolution of the Committee (as defined below), Gables Residential Trust (the "Company") hereby grants the number of Common Shares set forth above (the "Shares") to the Grantee named above, subject to the terms and conditions set forth in this Restricted Share Award Agreement (this "Agreement"). 1. Definitions. As used in this Agreement, the following terms shall have the meanings set forth below: "Award" shall mean the grant of Shares pursuant to this Agreement. "Committee" shall mean the Compensation Committee of the Board of Trustees of the Company. "Common Shares" shall mean the Company's common shares of beneficial interest, par value $.01 per share. "Change of Control" shall have the meaning set
RESTRICTED SHARE AWARD AGREEMENTRestricted Share Award Agreement • March 31st, 2003 • Gables Residential Trust • Real estate investment trusts
Name of Grantee: David D. Fitch Number of Shares: 5,040 Purchase Price per Share: $.01 (i.e., par value) Grant Date: March 10, 2003 Final Acceptance Date: May 9, 2003 (60 days after Grant Date) In accordance with authority granted to the undersigned officer pursuant to a duly adopted resolution of the Committee (as defined below), Gables Residential Trust (the "Company") hereby grants the number of Common Shares set forth above (the "Shares") to the Grantee named above, subject to the terms and conditions set forth in this Restricted Share Award Agreement (this "Agreement"). 1. Definitions. As used in this Agreement, the following terms shall have the meanings set forth below: "Award" shall mean the grant of Shares pursuant to this Agreement. "Committee" shall mean the Compensation Committee of the Board of Trustees of the Company. "Common Shares" shall mean the Company's common shares of beneficial interest, par value $.01 per share. "Change of Control" shall h
