Common use of Offering of Shares by the Underwriters Clause in Contracts

Offering of Shares by the Underwriters. Upon authorization by the Representatives of the release of the Firm Shares, the several Underwriters propose to offer the Firm Shares for sale upon the terms and conditions set forth in the Prospectus. [It is understood that [__________] shares of the Firm Stock will initially be reserved by the several Underwriters for offer and sale upon the terms and conditions set forth in the Prospectus and in accordance with the rules and regulations of the National Association of Securities Dealers, Inc. to employees and persons having business relationships with the Company and its subsidiaries who have heretofore delivered to the Representatives offers to purchase shares of Firm Stock in form satisfactory to the Representatives, and that any allocation of such Firm Stock among such persons will be made in accordance with timely directions received by the Representatives from the Company; provided, that under no circumstances will the Representatives or any Underwriter be liable to the Company or to any such person for any action taken or omitted in good faith in connection with such offering to employees and persons having business relationships with the Company and its subsidiaries. It is further understood that any shares of such Firm Stock which are not purchased by such persons will be offered by the Underwriters to the public upon the terms and conditions set forth in the Prospectus.]

Offering of Shares by the Underwriters. Upon authorization by the Representatives of the release of the Firm Shares, the several Underwriters propose to offer the Firm Shares for sale upon the terms and conditions set forth in the Prospectus. [It is understood that [__________] shares of the Firm Stock Shares will initially be reserved by the several Underwriters for offer and sale upon the terms and conditions set forth in the Prospectus and in accordance with the rules and regulations of the National Association of Securities Dealers, Inc. to employees and persons having business relationships with the Company and its subsidiaries who have heretofore delivered to the Representatives offers or indications of interest to purchase shares of Firm Stock Shares in form satisfactory to the Representatives, and that any allocation of such Firm Stock Shares among such persons will be made in accordance with timely directions received by the Representatives from the Company; providedPROVIDED, that under no circumstances will the Representatives or any Underwriter be liable to the Company or to any such person for any action taken or omitted in good faith in connection with such offering to employees and persons having business relationships with the Company and its subsidiariesCompany. It is further understood that any shares of such Firm Stock Shares which are not purchased by such persons will be offered by the Underwriters to the public upon the terms and conditions set forth in the Prospectus.]

Offering of Shares by the Underwriters. Upon authorization by the Representatives Representative of the release of the Firm Shares, the several Underwriters propose to offer the Firm Shares for sale upon the terms and conditions set forth in the Prospectus. [It is understood that [__________] 750,000 shares of the Firm Stock Shares will initially be reserved by the several Underwriters for offer and sale upon the terms and conditions set forth in the Prospectus (the “Directed Share Program”) and in accordance with the rules and regulations of the National Association of Securities Dealers, Inc. NASD to employees and persons having business relationships with the Company REIT and its subsidiaries affiliates who have heretofore delivered to the Representatives Representative offers to purchase shares of Firm Stock Shares (the “Directed Share Participants”) in form satisfactory to the RepresentativesRepresentative, and that any allocation of such Firm Stock Shares among such persons will be made in accordance with timely directions received by the Representatives Representative from the CompanyREIT; provided, provided that under no circumstances will the Representatives Representative or any Underwriter be liable to the Company REIT or to any such person for any action taken or omitted in good faith in connection with such offering to employees and persons having business relationships with the Company REIT and its subsidiaries. It is further understood that any shares of such Firm Stock Shares which are not purchased by such persons will be offered by the Underwriters to the public upon the terms and conditions set forth in the Prospectus.]

Offering of Shares by the Underwriters. Upon authorization by the Representatives of the release of the Firm Shares, the several Underwriters propose to offer the Firm Shares for sale upon the terms and conditions set forth in the Prospectus. [It is understood that [__________] _ shares of the Firm Stock Shares will initially be reserved by the several Underwriters for offer and sale upon the terms and conditions set forth in the Prospectus and in accordance with the rules and regulations of the National Association of Securities Dealers, Inc. NASD to employees and persons having business relationships with the Company and its subsidiaries who have heretofore delivered to the Representatives offers to purchase shares of Firm Stock Shares in form satisfactory to the Representatives, and that any allocation of such Firm Stock Shares among such persons will be made in accordance with timely directions received by the Representatives from the Company; providedPROVIDED, that under no circumstances will the Representatives or any Underwriter be liable to the Company or to any such person for any action taken or omitted in good faith in connection with such offering to employees and persons having business relationships with the Company and its subsidiaries. It is further understood that any shares of such Firm Stock Shares which are not purchased by such persons will be offered by the Underwriters to the public upon the terms and conditions set forth in the Prospectus.]

Offering of Shares by the Underwriters. Upon authorization by the Representatives Representative of the release of the Firm Shares, the several Underwriters propose to offer the Firm Shares for sale upon the terms and conditions set forth in the Prospectus. [It is understood that [__________[ ] shares of the Firm Stock Shares will initially be reserved by the several Underwriters for offer and sale upon the terms and conditions set forth in the Prospectus (the “Directed Share Program”) and in accordance with the rules and regulations of the National Association of Securities Dealers, Inc. NASD to employees and persons having business relationships with the Company REIT and its subsidiaries affiliates who have heretofore delivered to the Representatives Representative offers to purchase shares of Firm Stock Shares (the “Directed Share Participants”) in form satisfactory to the RepresentativesRepresentative, and that any allocation of such Firm Stock Shares among such persons will be made in accordance with timely directions received by the Representatives Representative from the CompanyREIT; provided, provided that under no circumstances will the Representatives Representative or any Underwriter be liable to the Company REIT or to any such person for any action taken or omitted in good faith in connection with such offering to employees and persons having business relationships with the Company REIT and its subsidiaries. It is further understood that any shares of such Firm Stock Shares which are not purchased by such persons will be offered by the Underwriters to the public upon the terms and conditions set forth in the Prospectus.]

Offering of Shares by the Underwriters. Upon authorization by the Representatives of the release of the Firm Shares, the several Underwriters propose to offer the Firm Shares for sale upon the terms and conditions set forth in the Prospectus. [It is understood that [__________] 750,000 shares of the Firm Stock Shares will initially be reserved by the several Underwriters for offer and sale upon the terms and conditions set forth in the Prospectus (the “Directed Share Program”) and in accordance with the rules and regulations of the National Association of Securities Dealers, Inc. NASD to employees and persons having business relationships with the Company and its subsidiaries who have heretofore delivered to the Representatives offers to purchase shares of Firm Stock Shares (The “Directed Share Participants”) in form satisfactory to the Representatives, and that any allocation of such Firm Stock Shares among such persons will be made in accordance with timely directions received by the Representatives from the Company; provided, that under no circumstances will the Representatives or any Underwriter be liable to the Company or to any such person for any action taken or omitted in good faith in connection with such offering to employees and persons having business relationships with the Company and its subsidiaries. It is further understood that any shares of such Firm Stock Shares which are not purchased by such persons will be offered by the Underwriters to the public upon the terms and conditions set forth in the Prospectus.]