0001193125-07-173080 Sample Contracts

FIRST AMENDMENT TO LEASE
Lease • August 7th, 2007 • U-Store-It Trust • Real estate investment trusts

This FIRST AMENDMENT TO LEASE (this “Amendment”), is made as of the 6th day of August, 2007, by and between U-Store-It, L.P., a Delaware limited partnership (“Tenant”) and Amsdell and Amsdell, an Ohio general partnership (“Landlord”).

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MODIFICATION OF NONCOMPETITION AGREEMENT AND TERMINATION OF EMPLOYMENT AGREEMENT
Modification of Noncompetition Agreement and Termination of Employment Agreement • August 7th, 2007 • U-Store-It Trust • Real estate investment trusts • Ohio

This Modification of Noncompetition Agreement and Termination of Employment Agreement (this “Agreement”) is made this 6th day of August 2007 by and between Robert J. Amsdell (“Amsdell”) and U-Store-It Trust, a Maryland real estate investment trust (“USI”).

SETTLEMENT AGREEMENT AND MUTUAL RELEASE
Settlement Agreement • August 7th, 2007 • U-Store-It Trust • Real estate investment trusts • Ohio

This Settlement Agreement and Mutual Release (this “Agreement”) is made this 6th day of August 2007, by and among U-Store-It, L.P., a Delaware limited partnership (the “Operating Partnership”), U-Store-It Trust, a Maryland real estate investment trust (“USI”), U-Store-It Mini Warehouse Co., an Ohio corporation (“USI Warehouse”), YSI Management LLC, a Delaware limited liability company (“YSI”), U-Store-It Development, LLC, a Delaware limited liability company (“USI Development”), Rising Tide Development LLC, a Delaware limited liability company (“Rising Tide”), Amsdell and Amsdell, an Ohio general partnership (“Amsdell and Amsdell”), Robert J. Amsdell, Barry L. Amsdell, Todd C. Amsdell, Kyle V. Amsdell, Dean Jernigan and Kathleen A. Weigand.

PROPERTY MANAGEMENT TERMINATION AGREEMENT
Property Management Termination Agreement • August 7th, 2007 • U-Store-It Trust • Real estate investment trusts • Ohio

This Property Management Termination Agreement (this “Agreement”) is made as of August 6, 2007, between YSI Management LLC, a Delaware limited liability company (“YSI”), U-Store-It Trust, a Maryland real estate investment trust (the “REIT”), and Rising Tide Development, LLC, a Delaware limited liability company (“Rising Tide”).

MODIFICATION OF NONCOMPETITION AGREEMENT
Noncompetition Agreement • August 7th, 2007 • U-Store-It Trust • Real estate investment trusts • Ohio

This Modification of Noncompetition Agreement (this “Agreement”) is made this 6th day of August 2007 by and between Barry L. Amsdell (“Amsdell”) and U-Store-It Trust, a Maryland real estate investment trust (“USI”).

MODIFICATION OF NONCOMPETITION AGREEMENT AND TERMINATION OF EMPLOYMENT AGREEMENT
Modification of Noncompetition Agreement and Termination of Employment Agreement • August 7th, 2007 • U-Store-It Trust • Real estate investment trusts • Ohio

This Modification of Noncompetition Agreement and Termination of Employment Agreement (this “Agreement”) is made this 6th day of August 2007 by and between Todd C. Amsdell (“Amsdell”) and U-Store-It Trust, a Maryland real estate investment trust (“USI”).

MARKETING AND ANCILLARY SERVICES TERMINATION AGREEMENT
Marketing and Ancillary Services Termination Agreement • August 7th, 2007 • U-Store-It Trust • Real estate investment trusts • Ohio

This Marketing and Ancillary Services Termination Agreement (this “Agreement”) is made as of August 6, 2007, between U-Store-It Mini Warehouse Co. (“Service Provider”), an Ohio corporation and indirect wholly-owned taxable REIT subsidiary of U-Store-It Trust (the “REIT”), a Maryland real estate investment trust, and Rising Tide Development, LLC, a Delaware limited liability company (“Rising Tide”).

PURCHASE AND SALE AGREEMENT (Rising Tide Properties)
Purchase and Sale Agreement • August 7th, 2007 • U-Store-It Trust • Real estate investment trusts • Ohio

This PURCHASE AND SALE AGREEMENT (the “Agreement”) by and between RISING TIDE DEVELOPMENT, LLC, a Delaware limited liability company (“Seller”) and U-STORE-IT, L.P., a Delaware limited partnership (“Purchaser”) is effective as of August 6, 2007 (the “Execution Date”).

OPTION TERMINATION AGREEMENT
Option Termination Agreement • August 7th, 2007 • U-Store-It Trust • Real estate investment trusts • Ohio

This Option Termination Agreement (this “Agreement”) is made as of August 6, 2007, between U-Store-It, L.P., a Delaware limited partnership (“USI”), and Rising Tide Development, LLC, a Delaware limited liability company (“Rising Tide”).

STANDSTILL AGREEMENT
Standstill Agreement • August 7th, 2007 • U-Store-It Trust • Real estate investment trusts • Ohio

This Standstill Agreement (this “Agreement”) is made this 6th day of August 2007, by and among U-Store-It Trust, a Maryland real estate investment trust (“USI”), Robert J. Amsdell, Barry L. Amsdell and Todd C. Amsdell (Robert J. Amsdell, Barry L. Amsdell and Todd C. Amsdell may be referred to collectively as the “Amsdells”). For purposes of this Agreement, the term “USI” includes the direct and indirect subsidiaries of USI.

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