FRANKLIN STREET PROPERTIES CORP. (a Maryland corporation) 15,000,000 Shares of Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • May 10th, 2013 • Franklin Street Properties Corp /Ma/ • Real estate investment trusts • New York
or in part, directly or indirectly, the economic consequence of ownership of the Lock-Up Securities, whether any such swap or transaction is to be settled by delivery of Common Stock or other securities, in cash or otherwise; [provided, that the foregoing shall not restrict the ability of the undersigned to borrow from any margin account or loan pledged with Lock-Up Securities or to maintain, renew or increase any pledge in effect on the date hereof of Lock-Up Securities as security for a margin account or loan pursuant to the terms of such account or loan insofar as this agreement would otherwise restrict the rights of the pledger thereunder to exercise its rights and remedies with respect to such pledged shares as and when permitted by the relevant pledge document].(2)
