OPP UNIT AGREEMENTOpp Unit Agreement • February 19th, 2019 • Hudson Pacific Properties, L.P. • Real estate • Maryland
In consideration of the mutual agreements set forth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Hudson Pacific Properties, L.P., a Maryland limited partnership (the “Partnership”), hereby issues to [_____] (the “Participant”), as of [_____], 2019, the Profits Interest Units (as defined in the Plan), which includes Performance Units (as defined in the Partnership Agreement) provided for herein (the “Award”) under the Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. 2010 Incentive Award Plan (as amended from time to time, the “Plan”). This Award, together with all other Awards granted by either the Partnership or Hudson Pacific Properties, Inc. (the “Company”) pursuant to this 2019 Outperformance Program OPP Unit Agreement or the 2019 Outperformance Award Agreement, shall constitute the 2019 Outperformance Program (the “2019 OPP”) under the Plan.
