0001104659-03-025951 Sample Contracts

FORM OF RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • November 13th, 2003 • Macerich Co • Real estate investment trusts

THIS AGREEMENT is among THE MACERICH COMPANY, a Maryland corporation (the “Corporation”), THE MACERICH PARTNERSHIP, L.P., a Delaware limited partnership (the “Operating Partnership”), and the Participant named above (the “Participant”) and is delivered under The Macerich Company 2003 Equity Incentive Plan which includes any applicable programs under the Plan (the “Plan”).

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FORM OF STOCK UNIT AWARD AGREEMENT THE MACERICH COMPANY STOCK UNIT AWARD AGREEMENT 2003 EQUITY INCENTIVE PLAN
Form of Stock Unit Award Agreement • November 13th, 2003 • Macerich Co • Real estate investment trusts

THIS AGREEMENT is among THE MACERICH COMPANY, a Maryland corporation (the “Corporation”), THE MACERICH PARTNERSHIP L.P., a Delaware limited partnership (the “Operating Partnership”), and the employee named above (the “Participant”), and is delivered under The Macerich Company 2003 Equity Incentive Plan, which includes any applicable programs under the Plan (the “Plan”).

FORM OF EMPLOYEE STOCK OPTION AGREEMENT THE MACERICH COMPANY EMPLOYEE STOCK OPTION AGREEMENT 2003 EQUITY INCENTIVE PLAN
Employee Stock Option Agreement • November 13th, 2003 • Macerich Co • Real estate investment trusts • Maryland

THIS AGREEMENT is among THE MACERICH COMPANY, a Maryland corporation (the “Corporation”), THE MACERICH PARTNERSHIP, L.P., a Delaware limited partnership (the “Operating Partnership”), and is granted pursuant to and subject to The Macerich Company 2003 Equity Incentive Plan (the “Plan”). Capitalized terms used herein and not otherwise defined herein shall have the meaning assigned by the Plan.

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