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Document Preview Restricted Share Award |
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Title: |
Restricted Share Award |
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Entities: |
Brandywine Realty Trust; First Industrial Realty Trust Inc.; Highwoods Properties, Inc.; Koger Equity, Inc.; Mack-Cali Realty Corp.; Reckson Associates Realty Corp.; Anthony A. Nichols, Sr. |
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Date: |
2001 |
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Size: |
Preview shows 2KB of 19KB total |
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Price: |
$32 |
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ID: |
#264432 |
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BRANDYWINE REALTY TRUST
RESTRICTED SHARE AWARD
This is a Restricted Share Award dated as of January 1, 2001,
from Brandywine Realty Trust, a Maryland real estate investment trust (the
"Company") to Anthony A. Nichols, Sr. ("Grantee"). Terms used herein as defined
terms and not defined herein have the meanings assigned to them in the
Brandywine Realty Trust 1997 Long-Term Incentive Plan, as amended from time to
time (the "Plan").
1. Definitions. As used herein:
(1) "Award" means the award of Restricted Shares hereby
granted.
(2) "Board" means the Board of Trustees of the Company, as
constituted from time to time.
(3) "Cause" means "Cause" as defined in the Employment
Agreement or the Plan.
(4) "Change of Control" means "Change of Control" as
defined in the Plan.
(5) "Code" means the Internal Revenue Code of 1986, as
amended from time to time, and any successor thereto.
(6) "Committee" means the Committee appointed by the Board
in accordance with Section 2 of the Plan, if one is appointed and in existence
at the time of reference. If no committee has been appointed pursuant to Section
2, or if such a committee is not in existence at the time of reference,
"Committee" means the Board.
(7) "Date of Grant" means January 1, 2001 the date on which
the Company awarded the Restricted Shares.
(8) "Disability" means "Disability" as defined in the Plan.
(9) "Employer" means the Company or the Subsidiary for
which Grantee is performing services on the applicable Vesting Date.
(10) "Employment Agreement" means the employment agreement
between Grantee and the Company, dated January 2, 1998, or any subsequent
employment agreement between Grantee and the Company as in effect at the time of
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