0000950152-08-000887 Sample Contracts

SUN COMMUNITIES, INC. AMENDED AND RESTATED 1993 STOCK OPTION PLAN RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • February 7th, 2008 • Sun Communities Inc • Real estate investment trusts • Michigan

Sun Communities, Inc., a Maryland corporation (the “Company”), upon the recommendation of the Company’s Board of Directors (the “Board”) and pursuant to that certain Amended and Restated 1993 Stock Option Plan adopted by the Company’s Board of Directors (the “Plan”) and approved by its shareholders, and in consideration of the services to be rendered to the Company or its subsidiaries by Karen J. Dearing (“Employee”), hereby grants and issues, as of February 5, 2008 (the “Date of Grant”), to Employee ten thousand (10,000) shares of the Company’s Common Stock, par value $0.01 per share (the “Shares”), subject to the terms and conditions contained in this Restricted Stock Award Agreement (the “Agreement”) and subject to all the terms and conditions of the Plan, which are incorporated by reference herein. Employee agrees to the provisions set forth herein and in the Plan and acknowledges that each such provision is a material condition of the Company’s agreement to issue the Shares to him

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EMPLOYMENT AGREEMENT
Employment Agreement • February 7th, 2008 • Sun Communities Inc • Real estate investment trusts • Michigan

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of February 5, 2008 (the “Effective Date”), by and among SUN COMMUNITIES, INC., a Maryland corporation (the “REIT”), SUN COMMUNITIES OPERATING LIMITED PARTNERSHIP, a Michigan limited partnership (“SCOLP”) and KAREN J. DEARING (the “Executive”). As used herein, “Company” shall refer to the REIT and SCOLP together.

EMPLOYMENT AGREEMENT
Employment Agreement • February 7th, 2008 • Sun Communities Inc • Real estate investment trusts • Michigan

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of February 5, 2008 (the “Effective Date”), by and among SUN COMMUNITIES, INC., a Maryland corporation (the “REIT”), SUN COMMUNITIES OPERATING LIMITED PARTNERSHIP, a Michigan limited partnership (“SCOLP”) and JOHN B. MCLAREN (the “Executive”). As used herein, “Company” shall refer to the REIT and SCOLP together.

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