0001299933-13-000207 Sample Contracts

RAIT FINANCIAL TRUST 2012 INCENTIVE AWARD PLAN Share Award Grant Agreement
Share Award Grant Agreement • February 1st, 2013 • RAIT Financial Trust • Real estate investment trusts • Maryland

This is a Share Award dated as of [GRANT DATE] (the “Date of Grant”) from RAIT Financial Trust, a Maryland real estate investment trust (the “Company”), to [INSERT NAME] (“Participant” and, together with the Company, the “Parties”), under the terms of the RAIT Financial Trust 2012 Incentive Award Plan (the “Plan”).

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RAIT FINANCIAL TRUST 2012 INCENTIVE AWARD PLAN SHARE APPRECIATION RIGHTS AWARD AGREEMENT
Share Appreciation Rights Award Agreement • February 1st, 2013 • RAIT Financial Trust • Real estate investment trusts • Maryland

This SHARE APPRECIATION RIGHTS AWARD AGREEMENT, dated as of [Date of Grant] (the “Date of Grant”), is delivered by RAIT Financial Trust (“RAIT”), to [Name of Participant] (the “Participant”).

SEPARATION AGREEMENT
Separation Agreement • February 1st, 2013 • RAIT Financial Trust • Real estate investment trusts • Pennsylvania

WHEREAS, RAIT and Executive are parties to that certain Employment Agreement entered into and executed on October 31, 2012, effective as of June 1, 2012, (the “Employment Agreement”); and

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