0001193125-04-167086 Sample Contracts

RETENTION BONUS AGREEMENT
Retention Bonus Agreement • October 6th, 2004 • Summit Properties Inc • Real estate investment trusts • North Carolina

AGREEMENT made as of this 26th day of May 2004 by and between Summit Properties Inc., a Maryland corporation with its principal place of business in Charlotte, North Carolina (the “Company”), and Keith L. Downey of Charlotte, NC (the “Executive”).

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EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • October 6th, 2004 • Summit Properties Inc • Real estate investment trusts • North Carolina

AGREEMENT made as of this 26th day of May 2004 by and between Summit Properties Inc., a Maryland corporation with its principal place of business in Charlotte, North Carolina (the “Company”), and Michael G. Malone of Charlotte, North Carolina (the “Executive”).

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