0001193125-12-201221 Sample Contracts

PS BUSINESS PARKS, INC. FORM OF NON-QUALIFIED SHARE OPTION AGREEMENT
Non-Qualified Share Option Agreement • May 1st, 2012 • Ps Business Parks Inc/Ca • Real estate investment trusts • California

This Share Option Agreement (the “Option Agreement”) is made as of the day of , 200__, (the “Grant Date”), by and between PS Business Parks, Inc. (the “Company”) and , an employee of the Company, one of its Subsidiaries or a Service Provider (the “Optionee”). Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Company’s 2012 Equity and Performance-Based Incentive Compensation Plan (the “Plan”).

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PS BUSINESS PARKS, INC. FORM OF RESTRICTED SHARE UNIT AGREEMENT
Restricted Share Unit Agreement • May 1st, 2012 • Ps Business Parks Inc/Ca • Real estate investment trusts • California

THIS RESTRICTED SHARE UNIT AGREEMENT is entered into as of , by and between PS Business Parks, Inc. (the “Company”), and , an employee of the Company, a Subsidiary or a Service Provider (the “Grantee”).

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