Transition Benefits Agreement Sample Contracts

TRANSITION BENEFITS AGREEMENT
Transition Benefits Agreement • March 11th, 2013 • Boston Properties Inc • Real estate investment trusts • Delaware

This Transition Benefits Agreement (the “Agreement”) is entered into this 10th day of March, 2013 (the “Effective Date”) by and between Boston Properties, Inc., a Delaware corporation, with its principal executive office in Boston, Massachusetts (the “Company”) and Mortimer B. Zuckerman (the “Executive”).

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March 9, 2016
Transition Benefits Agreement • May 6th, 2016 • Boston Properties LTD Partnership • Real estate investment trusts

This letter (this “Amendment”) amends the terms of that certain Transition Benefits Agreement dated March 10, 2013 (the “Agreement”), between Boston Properties, Inc. (the “Company”) and you as supplemented by that certain letter agreement, dated March 9, 2015 (the “Letter Agreement”), between the Company and you. All capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Agreement or the Letter Agreement, as applicable. In connection with your transition from Chairman of the Board to Chairman Emeritus of the Company as of the end of your current term as a director on the date of the Company’s 2016 annual meeting of stockholders, you and the Company agree as follows:

March 9, 2015 Mortimer B. Zuckerman Chairman of the Board Boston Properties, Inc. Suite 1800 New York, NY 10022 Dear Mort:
Transition Benefits Agreement • May 11th, 2015 • Boston Properties Inc • Real estate investment trusts

This letter agreement supplements the terms of that certain Transition Benefits Agreement dated March 10, 2013 between Boston Properties, Inc. (the “Company”) and you (the “Agreement”).

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