Form of Employee Stock Grant and Restricted Stock Agreement] AVALONBAY COMMUNITIES, INC. STOCK GRANT AND RESTRICTED STOCK AGREEMENTStock Grant and Restricted Stock Agreement • March 2nd, 2009 • Avalonbay Communities Inc • Real estate investment trusts • Maryland
In consideration for services rendered and to be rendered to AvalonBay Communities, Inc. (the “Company”) and for other good and valuable consideration, which the Company has determined to be equal to the fair market value of the Shares, as defined below, the Company is issuing to the Employee named below contemporaneously herewith the Shares, upon the terms and conditions set forth herein and in the Restricted Stock Agreement Terms (the “Terms”) which are attached hereto and incorporated herein in their entirety. Capitalized terms used but not defined herein shall have the respective meanings ascribed thereto in the Terms.
WITNESSETH:Stock Grant and Restricted Stock Agreement • May 12th, 2004 • Aquis Communications Group Inc • Radiotelephone communications • Delaware
