0001144204-14-062832 Sample Contracts

50,000,000 Shares of Common Stock (par value $0.01 per share) EQUITY DISTRIBUTION AGREEMENT
Equity Distribution Agreement • October 24th, 2014 • Education Realty Trust, Inc. • Real estate investment trusts • New York

Education Realty Trust, Inc., a Maryland corporation (the “Company”), and Education Realty Operating Partnership, LP, a Delaware limited partnership (the “Operating Partnership”), confirm their agreement (this “Agreement”) with Merrill Lynch, Pierce, Fenner & Smith Incorporated (the “Manager”) as follows:

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50,000,000 Shares of Common Stock (par value $0.01 per share) EQUITY DISTRIBUTION AGREEMENT
Education Realty Trust, Inc. • October 24th, 2014 • Real estate investment trusts • New York
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