You have been granted a Nonqualified Stock Option ("NSO") to purchase [Number of Common Shares] Shares at an exercise price of $[Exercise Price] for each Share ("Exercise Price") on or before [Day Prior to Tenth Anniversary of Grant Date] ("Expiration Date").
Forfeiture of Regular TRG Units and Performance TRG Units if No Conversion to Units of Partnership Interest Prior to the Tenth Anniversary of the Grant Date.