0001193125-20-103968 Sample Contracts

NON-QUALIFIED SHARE OPTION AGREEMENT (Inducement Award)
Non-Qualified Share Option Agreement • April 10th, 2020 • Tanger Factory Outlet Centers, Inc • Real estate investment trusts • North Carolina

THIS AGREEMENT (this “Agreement”), dated April 10, 2020 (the “Grant Date”), is made by and between Tanger Factory Outlet Centers, Inc., a North Carolina corporation, hereinafter referred to as the “Company”, Tanger Properties Limited Partnership, a North Carolina partnership, hereinafter referred to as the “Partnership”, and Stephen Yalof, an employee of the Partnership, hereinafter referred to as the “Optionee”;

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RESTRICTED SHARE AGREEMENT
Restricted Share Agreement • April 10th, 2020 • Tanger Factory Outlet Centers, Inc • Real estate investment trusts • North Carolina

THIS RESTRICTED SHARE AGREEMENT (this “Agreement”) is made effective as of April 10, 2020, between Tanger Factory Outlet Centers, Inc., a corporation organized under the laws of the State of North Carolina (the “Company”), Tanger Properties Limited Partnership, a limited partnership organized under the laws of the State of North Carolina (the “Partnership”), and Stephen Yalof (the “Restricted Shareholder”).

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