0001193125-05-065580 Sample Contracts

LEASE
Lease • March 31st, 2005 • U-Store-It Trust • Real estate investment trusts • Ohio

THIS LEASE (“Lease”) is made as of this 29th day of March, 2005 and is effective as of January 1, 2005, between AMSDELL AND AMSDELL, an Ohio general partnership (“Landlord”) and U-STORE-IT, L.P., a Delaware limited partnership (“Tenant”).

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U-STORE-IT TRUST
Nonqualified Share Option Agreement • March 31st, 2005 • U-Store-It Trust • Real estate investment trusts

U-Store-It Trust, a Maryland real estate investment trust (the “Company”), grants an option to purchase common shares of beneficial interest, $.01 par value, (the “Shares”) of the Company to the Optionee named below. The terms and conditions of the option are set forth in this cover sheet, in the attachment, and in the Company’s 2004 Equity Incentive Plan (the “Plan”).

TIMESHARING AGREEMENT
Timesharing Agreement • March 31st, 2005 • U-Store-It Trust • Real estate investment trusts

This Timesharing Agreement, made and entered into this October 22nd, 2004 by and between Amsdell Holdings I, Inc., an Ohio corporation, with principal offices at 6745 Engle Road, Suite 300, Cleveland, OH 44130 (“Lessor”), and U-Store-It Mini Warehouse Co. (“Lessee”).

U-STORE-IT TRUST TRUSTEE RESTRICTED SHARE AGREEMENT
Trustee Restricted Share Agreement • March 31st, 2005 • U-Store-It Trust • Real estate investment trusts

U-Store-It Trust, a Maryland real estate investment trust (the “Company”), grants common shares of beneficial interest, $.01 par value (the “Shares”), of the Company to the Grantee named below, subject to the vesting conditions set forth in the attachment. Additional terms and conditions of the grant are set forth in this cover sheet, in the attachment, and in the Company’s 2004 Equity Incentive Plan (the “Plan”).

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