Company Uses in Acceleration of Vesting in Special Circumstances Clause

Acceleration of Vesting in Special Circumstances from Long Term Incentive Plan

Pursuant to the American Residential Properties, Inc. 2012 Equity Incentive Plan (the Plan), as amended through the date hereof, and the Agreement of Limited Partnership, dated as of the Closing Date (as defined below) (the Partnership Agreement), of American Residential Properties OP, L.P., a Delaware limited partnership (ARP OP), American Residential Properties, Inc., a Maryland corporation (the Company) and the sole member of American Residential GP, LLC, a Delaware limited liability company, the general partner of ARP OP (the General Partner), and for the provision of services to or for the benefit of ARP OP in a partner capacity or in anticipation of being a partner, hereby grants to the Grantee named above an Other Equity-Based Award (as defined in the Plan) (an Award) in the form of, and by causing ARP OP to issue to the Grantee named above, the number of LTIP Units specified above having the rights, voting powers, restrictions, limitations as to distributions, qualifications an

Acceleration of Vesting in Special Circumstances. All LTIP Units granted herein shall automatically become fully vested on the date specified below if the Grantee remains in the continuous employ of the Company or an Affiliate from the Closing Date until such date:

Acceleration of Vesting in Special Circumstances from Long Term Incentive Plan

Pursuant to the Pebblebrook Hotel Trust 2009 Equity Incentive Plan (the Plan) as amended through the date hereof and the Agreement of Limited Partnership, dated December 3, 2009 (the Partnership Agreement), of Pebblebrook Hotel, L.P., a Delaware limited partnership (the Partnership), Pebblebrook Hotel Trust, a Maryland real estate investment trust and the general partner of the Partnership (the Company), and for the provision of services to or for the benefit of the Partnership in a partner capacity or in anticipation of being a partner, hereby grants to the Grantee named above an Other Equity-Based Award (as defined in the Plan) (an Award) in the form of, and by causing the Partnership to issue to the Grantee named above, a number of LTIP Units (as defined in the Partnership Agreement) specified above having the rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption and conversion set forth herein and in the Partners

Acceleration of Vesting in Special Circumstances. All restrictions on all LTIP Units subject to this Award shall be deemed waived by the Committee (as defined in the Plan) and all LTIP Units granted hereby shall automatically become fully vested on the date specified below if the Grantee remains in the continuous employ of the Company or an Affiliate on such date:

Acceleration of Vesting in Special Circumstances from Long Term Incentive Plan

Pursuant to the Chatham Lodging Trust Equity Incentive Plan (the Plan) as amended through the date hereof and the Agreement of Limited Partnership, dated ___, 2010 (the Partnership Agreement), of Chatham Lodging, L.P., a Delaware limited partnership (the Partnership), Chatham Lodging Trust, a Maryland real estate investment trust and the general partner of the Partnership (the Company), and for the provision of services to or for the benefit of the Partnership in a partner capacity or in anticipation of being a partner, hereby grants to the Grantee named above an Other Equity-Based Award (as defined in the Plan) (an Award) in the form of, and by causing the Partnership to issue to the Grantee named above, a number of LTIP Units (as defined in the Partnership Agreement) specified above having the rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption and conversion set forth herein and in the Partnership Agreement. Upo

Acceleration of Vesting in Special Circumstances. All restrictions on all LTIP Units subject to this Award shall be deemed waived by the Committee (as defined in the Plan) and all LTIP Units granted hereby shall automatically become fully vested on the date specified below if the Grantee remains in the continuous employ of the Company or an Affiliate on such date:

Acceleration of Vesting in Special Circumstances from Long Term Incentive Plan

Pursuant to the Pebblebrook Hotel Trust 2009 Equity Incentive Plan (the Plan) as amended through the date hereof and the Agreement of Limited Partnership, dated , 2009 (the Partnership Agreement), of Pebblebrook Hotel, L.P., a Delaware limited partnership (the Partnership), Pebblebrook Hotel Trust, a Maryland real estate investment trust and the general partner of the Partnership (the Company), and for the provision of services to or for the benefit of the Partnership in a partner capacity or in anticipation of being a partner, hereby grants to the Grantee named above an Other Equity-Based Award (as defined in the Plan) (an Award) in the form of, and by causing the Partnership to issue to the Grantee named above, a number of LTIP Units (as defined in the Partnership Agreement) specified above having the rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption and conversion set forth herein and in th

Acceleration of Vesting in Special Circumstances. All restrictions on all LTIP Units subject to this Award shall be deemed waived by the Committee (as defined in the Plan) and all LTIP Units granted hereby shall automatically become fully vested on the date specified below if the Grantee remains in the continuous employ of the Company or an Affiliate on such date:

Acceleration of Vesting in Special Circumstances from Long Term Incentive Plan

Pursuant to the Asset Capital Corporation, Inc. 2005 Equity Incentive Plan (the Plan) as amended through the date hereof and the First Amended and Restated Agreement of Limited Partnership, to be dated as of the Closing Date (as defined below) (the Partnership Agreement), of Asset Capital Partners, L.P., a Delaware limited partnership (the Partnership), Asset Capital Corporation, Inc., a Maryland corporation (the Company), through its wholly owned subsidiary ACC GP, LLC, a Delaware limited liability company and the general partner of the Partnership, for the provision of services to or for the benefit of the Partnership in a partner capacity or in anticipation of being a partner, hereby grants to the Grantee named above an Other Equity-Based Award (an Award) in the form of, and by causing the Partnership to issue to the Grantee named above, a Partnership Interest (as defined in the Partnership Agreement, as amended) having the rights, voting powers, restrictions, limitations as to dist

Acceleration of Vesting in Special Circumstances. If (i) the Grantee ceases to be an employee of the Company or an affiliate of the Company by reason of death, or incapacity due to physical or mental illness or disability which qualifies the Grantee to receive benefits under the Companys long-term disability plan or (ii) a Change of Control (as defined in Section 1.06 of the Plan) occurs, any restrictions and conditions on all LTIP Units subject to this Award shall be deemed waived by the Committee and all LTIP Units granted hereby shall automatically become fully vested.

Acceleration of Vesting in Special Circumstances from Long Term Incentive Plan

Pursuant to the Midlantic Office Trust, Inc. 2005 Equity Compensation Plan (the Plan) as amended through the date hereof and the First Amended and Restated Agreement of Limited Partnership, to be dated as of the Closing Date (as defined below) (the Partnership Agreement), of Midlantic Partnership, LP, a Delaware limited partnership (the Partnership), Midlantic Office Trust, Inc., a Maryland corporation (the Company), through its wholly owned subsidiary Midlantic Office Properties, LLC, a Delaware limited liability company and the general partner of the Partnership, and for the provision of services to or for the benefit of the Partnership in a partner capacity or in anticipation of being a partner, hereby grants to the Grantee named above an Award in the form of, and by causing the Partnership to issue to the Grantee named above, a Partnership Interest (as defined in the Partnership Agreement, as amended) having the rights, voting powers, restrictions, limitations as to distributions,

Acceleration of Vesting in Special Circumstances. If (i) the Grantee ceases to be an employee of the Company or an affiliate of the Company by reason of death or disability (as described in the Employment Agreement), (ii) the Company terminates the Grantees employment and the termination is not for Cause (as defined in the Employment Agreement), (iii) the Grantee terminates his employment with the Company and the termination is for Good Reason (as defined in the Employment Agreement), (iv) the Grantee receives from the Company any notice of non-renewal (as described in the Employment Agreement), or (v) a Change of Control (as defined in the Employment Agreement) occurs, any restrictions and conditions on all LTIP Units subject to this Award shall be deemed waived by the Committee and all LTIP Units granted hereby shall automatically become fully vested; provided, however, that none of these events shall result in accelerated vesting of the LTIP Units unless the capital investment goals in Section 2(d) above have been met.

Acceleration of Vesting in Special Circumstances from Restricted Stock Award Agreement Under The

Pursuant to the Boston Properties, Inc. 1997 Stock Option and Incentive Plan (the Plan) as amended through the date hereof, Boston Properties, 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.

Acceleration of Vesting in Special Circumstances. If the Grantee ceases to be an employee of the Company or Subsidiary by reason of death, incapacity due to physical or mental illness or disability which qualifies him to receive benefits under the Companys long-term disability plan or upon the occurrence of a Change of Control of the Company (as defined in Section 16 of the Plan), any restrictions and conditions on all shares of Stock subject to this Award shall be deemed waived by the Committee and all such shares shall automatically become fully vested and no longer be deemed Restricted Stock.

Acceleration of Vesting in Special Circumstances from Long Term Incentive Plan

Pursuant to the Boston Properties, Inc. 1997 Stock Option and Incentive Plan (the Plan) as amended through the date hereof and the Second Amended and Restated Agreement of Limited Partnership of Boston Properties Limited Partnership, dated as of June 29, 1998, as amended through the date hereof (the Partnership Agreement), of Boston Properties Limited Partnership, a Delaware limited partnership (the Partnership), Boston Properties, Inc., a Delaware corporation and the general partner of the Partnership (the Company) hereby grants to the Grantee named above an Other Stock-Based Award (an Award) in the form of, and by causing the Partnership to issue to the Grantee named above, a Partnership Interest (as defined in the Second Amended and Restated Agreement of Limited Partnership (the Partnership Agreement) of the Partnership, as amended) having the rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption and conversion se

Acceleration of Vesting in Special Circumstances. If (i) the Grantee ceases to be an employee of the Company and its Subsidiaries by reason of death, or incapacity due to physical or mental illness or disability which qualifies the Grantee to receive benefits under the Companys long-term disability plan or (ii) a Change of Control (as defined in Section 16 of the Plan) occurs, any restrictions and conditions on all LTIP Units subject to this Award shall be deemed waived by the Administrator and all LTIP Units granted hereby shall automatically become fully vested. Anything to the contrary in the Plan notwithstanding, in the event a Transaction (as defined in Section 3(c) of the Plan) occurs, the Board (as defined in the Plan), or the board of directors of any corporation assuming the obligations of the Company (Acquiror) shall have the right to take the action specified in Section 3(c) of the Plan (Merger-Related Action) subject to the following limitations and qualifications:

Acceleration of Vesting in Special Circumstances from Long Term Incentive Plan

Pursuant to the Boston Properties, Inc. 1997 Stock Option and Incentive Plan (the Plan) as amended through the date hereof and the Second Amended and Restated Agreement of Limited Partnership of Boston Properties Limited Partnership, dated as of June 29, 1998, as amended through the date hereof (the Partnership Agreement), of Boston Properties Limited Partnership, a Delaware limited partnership (the Partnership), Boston Properties, Inc., a Delaware corporation and the general partner of the Partnership (the Company) hereby grants to the Grantee named above an Other Stock-Based Award (an Award) in the form of, and by causing the Partnership to issue to the Grantee named above, a Partnership Interest (as defined in the Second Amended and Restated Agreement of Limited Partnership (the Partnership Agreement) of the Partnership, as amended) having the rights, voting powers, restrictions, limitations as to distributions, qualifications and terms and conditions of redemption and conversion se

Acceleration of Vesting in Special Circumstances. If (i) the Grantee ceases to be an employee of the Company and its Subsidiaries by reason of death, or incapacity due to physical or mental illness or disability which qualifies the Grantee to receive benefits under the Companys long-term disability plan or (ii) a Change of Control (as defined in Section 16 of the Plan) occurs, any restrictions and conditions on all LTIP Units subject to this Award shall be deemed waived by the Administrator and all LTIP Units granted hereby shall automatically become fully vested. Anything to the contrary in the Plan notwithstanding, in the event a Transaction (as defined in Section 3(c) of the Plan) occurs, the Board (as defined in the Plan), or the board of directors of any corporation assuming the obligations of the Company (Acquiror) shall have the right to take the action specified in Section 3(c) of the Plan (Merger-Related Action) subject to the following limitations and qualifications: