FORM OF INCENTIVE STOCK OPTION AGREEMENT FOR COMPANY EMPLOYEES UNDER THE MID- AMERICA APARTMENT COMMUNITIES, INC.Incentive Stock Option Agreement • August 2nd, 2018 • Mid-America Apartments, L.P. • Real estate investment trusts
Name of Optionee: No. of Option Shares: Option Exercise Price per Share $ [FMV on Grant Date (110% of FMV if a 10% owner)] Grant Date: Expiration Date: [up to 10 years (5 if a 10% owner)]
FORM OF NON-QUALIFIED STOCK OPTION AGREEMENT FOR COMPANY EMPLOYEES UNDER THE MID-AMERICA APARTMENT COMMUNITIES, INC.Non-Qualified Stock Option Agreement • August 2nd, 2018 • Mid-America Apartments, L.P. • Real estate investment trusts
Pursuant to the Mid-America Apartment Communities, Inc. 2013 Stock Incentive Plan as amended through the date hereof (the “Plan”), Mid-America Apartment Communities, Inc. (the “Company”) hereby grants to the Optionee named above an option (the “Stock Option”) to purchase on or prior to the Expiration Date specified above all or part of the number of shares of Common Stock, par value $0.01 per share (the “Stock”) of the Company specified above at the Option Exercise Price per Share specified above subject to the terms and conditions set forth herein and in the Plan. This Stock Option is not intended to be an “incentive stock option” under Section 422 of the Internal Revenue Code of 1986, as amended.
FORM OF RESTRICTED STOCK AWARD AGREEMENT UNDER THE MID-AMERICA APARTMENT COMMUNITIES, INC.Restricted Stock Award Agreement • August 2nd, 2018 • Mid-America Apartments, L.P. • Real estate investment trusts
Pursuant to the Mid-America Apartment Communities, Inc. 2013 Stock Incentive Plan as amended through the date hereof (the “Plan”), and the Mid-America Apartment Communities, Inc. (the “Company”) hereby grants a Restricted Stock Award (an “Award”) to the Grantee named above. Upon acceptance of this Award, the Grantee shall receive the number of shares of Common Stock, par value $0.01 per share (the “Stock”), of the Company specified above, subject to the restrictions and conditions set forth herein and in the Plan. The Company acknowledges the receipt from the Grantee of consideration with respect to the par value of the Stock in the form of cash, past or future services rendered to the Company by the Grantee or such other form of consideration as is acceptable to the Administrator.
FORM OF RESTRICTED STOCK UNIT AWARD AGREEMENT UNDER THE MID-AMERICA APARTMENT COMMUNITIES, INC. (Director)Restricted Stock Unit Award Agreement • August 2nd, 2018 • Mid-America Apartments, L.P. • Real estate investment trusts • Tennessee
This RESTRICTED STOCK UNIT AWARD AGREEMENT (this “Agreement”) is made and entered into as of the __________ day of _________, 20__ (the “Grant Date”), between Mid-America Apartment Communities, Inc. (the “Company”), and ________________ (the “Grantee”). Capitalized terms not otherwise defined herein shall have the meaning ascribed to such terms in the Company’s Second Amended and Restated 2013 Stock Incentive Plan (the “Plan”).
