0001396446-14-000005 Sample Contracts

STOCK AWARD AGREEMENT (Independent Director)
Stock Award Agreement • February 14th, 2014 • CYS Investments, Inc. • Real estate investment trusts • New York

THIS STOCK AWARD AGREEMENT (the “Agreement”) is made effective as of the day of , 20 (the “Date of Grant”), between CYS Investments, Inc., a Maryland corporation (the “Company”), and (the “Participant”).

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