OPTION AWARD AGREEMENT Issued Pursuant to the of Glimcher Realty TrustOption Award Agreement • May 24th, 2007 • Glimcher Realty Trust • Real estate investment trusts • New York
THIS OPTION AWARD AGREEMENT (“Agreement”), effective ____ , (the “Effective Date”) represents the grant of a nonqualified option (“Option”) by Glimcher Realty Trust (the “Company”), to__________ (the “Participant”) pursuant to the provisions of the Glimcher Realty Trust 2004 Amended and Restated Incentive Compensation Plan adopted by its Board of Trustees (the “Board”) on or about March 15, 2004 (the “Plan”), initially approved by the Company’s shareholders on May 7, 2004 and, with respect to certain amendments and other matters, again on May 11, 2007. The Option granted hereby is intended to be an “NQSO” as such term is defined in the Plan.
RESTRICTED STOCK AWARD AGREEMENT Issued Pursuant to the Glimcher Realty Trust Amended and Restated 2004 Incentive Compensation PlanRestricted Stock Award Agreement • May 24th, 2007 • Glimcher Realty Trust • Real estate investment trusts • New York
THIS RESTRICTED STOCK AWARD AGREEMENT (“Agreement”), effective ____________________ (the “Effective Date”), represents the grant of restricted stock (“Stock”) by Glimcher Realty Trust (the “Company”), to ___________ (the “Participant”) pursuant to the terms, provisions and definitions of the Glimcher Realty Trust Amended and Restated 2004 Incentive Compensation Plan adopted by its Board of Trustees (the “Board”) on or about March 15, 2004 (the “Plan”), initially approved by the Company’s shareholders on May 7, 2004 and, with respect to certain amendments and other matters, again on May 11, 2007. Stock granted hereby is intended to be restricted and shall be subject to the restrictions set forth in this Agreement and the Plan.
PERFORMANCE SHARE AWARD AGREEMENT Issued Pursuant to the Glimcher Realty Trust Amended and RestatedPerformance Share Award Agreement • May 24th, 2007 • Glimcher Realty Trust • Real estate investment trusts • New York
THIS PERFORMANCE SHARE AWARD AGREEMENT (“Agreement”), effective ___________, 2007 (the “Effective Date”), represents the allocation of performance shares (“Performance Shares”) by Glimcher Realty Trust, a Maryland real estate investment trust (the “Company”), to _____________________ (the “Participant”) pursuant to the 2007 Long Term Incentive Plan for Senior Executives (the “Incentive Plan”), which was adopted on March 8, 2007, in accordance with the Company’s 2004 Incentive Compensation Plan, which was amended and restated by the Amended and Restated 2004 Incentive Compensation Plan (the “Plan”). This Award is made pursuant to and subject to the terms and conditions of the Plan and the Incentive Plan. The Performance Shares allocated and awarded under this Agreement (“Award”) are intended to be Performance-Based Compensation within the meaning of the Plan. This Award represents the right to receive one Share (as defined in the Plan) for each Performance Share earned by satisfaction o
