0001341004-08-001278 Sample Contracts

FORM OF JER INVESTORS TRUST INC. NONQUALIFIED STOCK OPTION AND INCENTIVE AWARD PLAN NON-OFFICER DIRECTOR DEFERRED STOCK UNIT AGREEMENT
Deferred Stock Unit Agreement • June 3rd, 2008 • JER Investors Trust Inc • Real estate investment trusts • Maryland

THIS AGREEMENT, dated as of __________ (the “Date of Grant”), is entered into by and between JER Investors Trust Inc. (the “Company”) and the individual named as a participant on the signature page hereto (the “Participant”). Capitalized terms not defined herein shall have the meanings ascribed to such terms in the JER Investors Trust Inc. Nonqualified Stock Option and Incentive Award Plan (the “Plan”).

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