0001558370-16-006536 Sample Contracts

INVESTORS REAL ESTATE TRUST Stock Award Agreement
Stock Award Agreement • June 29th, 2016 • Investors Real Estate Trust • Real estate investment trusts • North Dakota

THIS STOCK AWARD AGREEMENT (this “Agreement”), dated as of June 22, 2016, governs the Stock Award granted by INVESTORS REAL ESTATE TRUST, a North Dakota real estate investment trust (the “Company”) to __________ (the “Participant”), in accordance with and subject to the provisions of the Company’s 2015 Incentive Plan (the “Plan”). A copy of the Plan has been made available to the Participant. All terms used in this Agreement that are defined in the Plan have the same meaning given them in the Plan.

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INVESTORS REAL ESTATE TRUST Trustee Stock Award Agreement
Trustee Stock Award Agreement • June 29th, 2016 • Investors Real Estate Trust • Real estate investment trusts • North Dakota

THIS TRUSTEE STOCK AWARD AGREEMENT (this “Agreement”), dated as of June 22, 2016, governs the Stock Award granted by INVESTORS REAL ESTATE TRUST, a North Dakota real estate investment trust (the “Company”) to __________ (the “Participant”), in accordance with and subject to the provisions of the Company’s 2015 Incentive Plan (the “Plan”). A copy of the Plan has been made available to the Participant. All terms used in this Agreement that are defined in the Plan have the same meaning given them in the Plan.

INVESTORS REAL ESTATE TRUST Performance Stock Award Agreement
Performance Stock Award Agreement • June 29th, 2016 • Investors Real Estate Trust • Real estate investment trusts • North Dakota

THIS PERFORMANCE STOCK AWARD AGREEMENT (this “Agreement”), dated as of June 22, 2016, governs the Stock Award granted by INVESTORS REAL ESTATE TRUST, a North Dakota real estate investment trust (the “Company”) to __________ (the “Participant”), in accordance with and subject to the provisions of the Company’s 2015 Incentive Plan (the “Plan”). A copy of the Plan has been made available to the Participant. All terms used in this Agreement that are defined in the Plan have the same meaning given them in the Plan.

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