PROMOTION GRANT AGREEMENTPromotion Grant Agreement • May 7th, 2010 • Developers Diversified Realty Corp • Real estate investment trusts • Ohio
Developers Diversified Realty Corporation, an Ohio corporation (the “Company”), has granted to Daniel B. Hurwitz (the “Holder”) One Hundred Sixty Thousand (160,000) of the Company’s Common Shares, $0.10 par value per share (the “Restricted Shares”). The Restricted Shares have been granted pursuant to the Amended and Restated 2008 Developers Diversified Realty Corporation Equity-Based Award Plan (Amended and Restated as of June 25, 2009) (the “Plan”) and are subject to all provisions of the Plan, which are hereby incorporated herein by reference, and to the following provisions of this Promotion Grant Agreement (the “Agreement”) (capitalized terms not defined herein are used as defined in the Plan):
