Date: March 30, 2021UDR, Inc. • April 5th, 2021 • Real estate investment trusts • New York
The purpose of this letter agreement is to confirm the terms and conditions of the Transaction entered into between Wells Fargo Bank, National Association (“Dealer”) and UDR, Inc. (the “Counterparty”) on the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation” as referred to in the ISDA 2002 Master Agreement specified below.
UDR, INC. 7,000,000 Shares Common Stock ($0.01 par value) Underwriting AgreementUDR, Inc. • April 5th, 2021 • Real estate investment trusts • New York
UDR, Inc., a corporation organized under the laws of Maryland (the “Company,” which term, as used herein, includes its predecessor United Dominion Realty Trust, Inc., a Virginia corporation (the “Predecessor”)), and each of J.P. Morgan Securities LLC and Wells Fargo Securities, LLC in their capacities as sellers of Borrowed Securities (as defined below) (the “Forward Sellers”), at the Company’s request in connection with (i) the letter agreement dated the date hereof between the Company and J.P. Morgan Securities LLC; and (ii) the letter agreement dated the date hereof between the Company and Wells Fargo Securities, LLC; (each such letter agreement, a “Forward Sale Agreement” and, together, the “Forward Sale Agreements”) and JPMorgan Chase Bank, National Association and Wells Fargo Bank, National Association (in their capacities as counterparties under their respective Forward Sale Agreements, the “Forward Purchasers”) relating to the forward sale by the Company, subject to the Company
