0001481832-16-000088 Sample Contracts

PREFERRED APARTMENT COMMUNITIES, INC. 2016 CLASS B UNIT AWARD AGREEMENT
Class B Unit Award Agreement • January 8th, 2016 • Preferred Apartment Communities Inc • Real estate investment trusts • Delaware

This 2016 Class B Unit Award Agreement ("Agreement") made as of the date set forth below among Preferred Apartment Communities, Inc., a Maryland corporation (the "Company"), its subsidiary, Preferred Apartment Communities Operating Partnership, L.P., a Delaware limited partnership and the entity through which the Company conducts substantially all of its operations (the "Partnership"), and the person identified below as the grantee (the "Grantee").