0001193125-04-042307 Sample Contracts

STOCK OPTION AGREEMENT TERMS AND CONDITIONS (Rev. May 2003)
Stock Option Agreement • March 15th, 2004 • Health Care Property Investors Inc • Real estate investment trusts • California

These Terms and Conditions constitute a part of the Stock Option Agreement, dated as of the date set forth on the Signature Page to Stock Option Agreement Terms and Conditions (Rev. May 2003) made a part hereof (the “Signature Page”), concerning certain Options granted by Health Care Property Investors, Inc., a Maryland corporation hereinafter referred to as “Company,” to the Employee listed on the Signature Page, hereinafter referred to as “Optionee.” These Terms and Conditions and the Signature Page comprise the Stock Option Agreement and are collectively referred to as this “Agreement.”

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RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • March 15th, 2004 • Health Care Property Investors Inc • Real estate investment trusts • California

THIS RESTRICTED STOCK AGREEMENT (the “Agreement”), is made by and between Health Care Property Investors, Inc., a Maryland corporation (the “Company”), and , (“Holder”), effective as of , 20 (“Grant Date”).

RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • March 15th, 2004 • Health Care Property Investors Inc • Real estate investment trusts • California

THIS RESTRICTED STOCK AGREEMENT (the “Agreement”), is made by and between Health Care Property Investors, Inc., a Maryland corporation (the “Company”), and , a non-employee member of the Company’s Board of Directors (“Holder”), effective as of , 20 (“Grant Date”).

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