0000950123-10-070478 Sample Contracts

COLONIAL PROPERTIES TRUST Common Shares of Beneficial Interest, $.01 par value per share EQUITY DISTRIBUTION AGREEMENT
Equity Distribution Agreement • July 30th, 2010 • Colonial Realty Limited Partnership • Real estate investment trusts • New York

Colonial Properties Trust, an Alabama real estate investment trust (the “Company”), and Colonial Realty Limited Partnership, a limited partnership organized under the laws of the State of Delaware (the “Operating Partnership”), of which the Company is the sole general partner, each confirms its agreement (this “Agreement”) with Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”), as follows:

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COLONIAL PROPERTIES TRUST Common Shares of Beneficial Interest, $.01 par value per share EQUITY DISTRIBUTION AGREEMENT
Equity Distribution Agreement • July 30th, 2010 • Colonial Realty Limited Partnership • Real estate investment trusts • New York

Colonial Properties Trust, an Alabama real estate investment trust (the “Company”), and Colonial Realty Limited Partnership, a limited partnership organized under the laws of the State of Delaware (the “Operating Partnership”), of which the Company is the sole general partner, each confirms its agreement (this “Agreement”) with Wells Fargo Securities, LLC (“Wells Fargo”), as follows:

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