November 9, 2007 Martha R. Carlin 11860 Bell Cross Circle Parker, Colorado 80138 Re: Separation of Employment from UDR, Inc. Dear Martha:Separation Agreement • January 3rd, 2008 • UDR, Inc. • Real estate investment trusts • Colorado
As we have discussed, your employment with UDR, Inc. (the “Company”) will end effective November 8, 2007 (the “Separation Date”). This letter (this “Letter Agreement”) reflects our agreement with respect to the separation of your employment with the Company.
