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0000950123-09-073613 Sample Contracts

Parkway Properties, Inc. Shares of Common Stock EQUITY DISTRIBUTION AGREEMENT
Equity Distribution Agreement • December 28th, 2009 • Parkway Properties Inc • Real estate investment trusts • New York

Parkway Properties, Inc., a Maryland corporation (the “Company”) and Parkway Properties LP, a Delaware limited partnership (the “Partnership”) confirm their agreement (this “Agreement”) with Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”), as follows:

Standard Contracts

Parkway Properties, Inc. Shares of Common Stock EQUITY DISTRIBUTION AGREEMENT
Equity Distribution Agreement • December 28th, 2009 • Parkway Properties Inc • Real estate investment trusts • New York

Parkway Properties, Inc., a Maryland corporation (the “Company”) and Parkway Properties LP, a Delaware limited partnership (the “Partnership”) confirm their agreement (this “Agreement”) with Morgan Keegan & Company, Inc. (“Morgan Keegan”), as follows:

Parkway Properties, Inc. Shares of Common Stock EQUITY DISTRIBUTION AGREEMENT
Equity Distribution Agreement • December 28th, 2009 • Parkway Properties Inc • Real estate investment trusts • New York

Parkway Properties, Inc., a Maryland corporation (the “Company”) and Parkway Properties LP, a Delaware limited partnership (the “Partnership”) confirm their agreement (this “Agreement”) with J.P. Morgan Securities Inc. (“J.P. Morgan”), as follows:

Parkway Properties, Inc. Shares of Common Stock EQUITY DISTRIBUTION AGREEMENT
Equity Distribution Agreement • December 28th, 2009 • Parkway Properties Inc • Real estate investment trusts • New York

Parkway Properties, Inc., a Maryland corporation (the “Company”) and Parkway Properties LP, a Delaware limited partnership (the “Partnership”) confirm their agreement (this “Agreement”) with Wells Fargo Securities, LLC (“Wells Fargo Securities”), as follows: