Performance-Based Lp Unit Award Agreement Sample Contracts

FIRST INDUSTRIAL REALTY TRUST, INC. 2024 STOCK INCENTIVE PLAN PERFORMANCE-BASED LP UNIT AWARD AGREEMENT
Performance-Based Lp Unit Award Agreement • February 14th, 2025 • First Industrial Lp • Real estate investment trusts • Illinois

The LP Units are subject to time-based and performance-based vesting. Under the performance-based hurdles, a percentage of the LP Units will be earned based on First Industrial Realty Trust, Inc.’s (the “Company’s”) total return to shareholders for the period from January 1, 2025 to December 31, 2027 (or earlier in certain circumstances).