0000912057-02-042332 Sample Contracts

HORIZON GROUP PROPERTIES, L.P. COMMON UNIT AWARD AGREEMENT
Common Unit Award Agreement • November 14th, 2002 • Horizon Group Properties Inc • Real estate investment trusts • Delaware

THIS COMMON UNIT AWARD AGREEMENT (this "Agreement") is made as of September , 2002 (the "Issue Date"), by and between Horizon Group Properties, L.P., a Delaware limited partnership (the "Partnership"), Horizon Group Properties, Inc., a Maryland corporation, in its capacity as the general partner of the Partnership (the "General Partner"), and (the "Grantee"). Capitalized terms used herein but not defined herein have the meaning ascribed thereto in the Amended and Restated Agreement of Limited Partnership of the Partnership, dated as of June 15, 1998, as amended to date (the "Partnership Agreement").

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August 21, 2002
Horizon Group Properties Inc • November 14th, 2002 • Real estate investment trusts

This letter amends your initial retention letter. "The Term of This Agreement" on Page 2, Section 4 shall be changed to December 31, 2002.

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