0000950170-23-035158 Sample Contracts

form of incentive STOCK OPTION AGREEMENT FOR COMPANY EMPLOYEES UNDER THE mid- america apartment communities, inc. 2023 omnibus INCENTIVE PLAN
Incentive Stock Option Agreement • July 27th, 2023 • Mid-America Apartments, L.P. • Real estate investment trusts

Pursuant to the Mid-America Apartment Communities, Inc. 2023 Omnibus 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.

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FORM OF NON-QUALIFIED STOCK OPTION AGREEMENT FOR COMPANY EMPLOYEES UNDER THE MID-AMERICA APARTMENT COMMUNITIES, INC. 2023 OMNIBUS INCENTIVE PLAN
Non-Qualified Stock Option Agreement • July 27th, 2023 • Mid-America Apartments, L.P. • Real estate investment trusts

Pursuant to the Mid-America Apartment Communities, Inc. 2023 Omnibus 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 Unit award Agreement UNDER THE MID-AMERICA APARTMENT COMMUNITIES, INC. 2023 OMINBUS INCENTIVE PLAN (Director)
Restricted Stock Unit Award Agreement • July 27th, 2023 • 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 2023 Omnibus Incentive Plan (the “Plan”).

FORM OF RESTRICTED STOCK AWARD AGREEMENT UNDER THE MID-AMERICA APARTMENT COMMUNITIES, INC. 2023 OMNIBUS INCENTIVE PLAN
Restricted Stock Award Agreement • July 27th, 2023 • Mid-America Apartments, L.P. • Real estate investment trusts

Pursuant to the Mid-America Apartment Communities, Inc. 2023 Omnibus 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.

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