0001035704-07-000450 Sample Contracts

UDR, Inc. 1745 Shea Center Drive, Suite 200 Highlands Ranch, Colorado 80129
Separation Agreement • June 4th, 2007 • UDR, Inc. • Real estate investment trusts • Colorado

As we have discussed, your employment with UDR, Inc. (the “Company”) will end effective May 31, 2007 (the “Separation Date”). This letter (this “Letter Agreement”) reflects our agreement with respect to the separation of your employment with the Company.

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