Exhibit 10.4

KILROY REALTY CORPORATION
2006 INCENTIVE AWARD PLAN STOCK AWARD DEFERRAL PROGRAM

RESTRICTED STOCK UNIT AGREEMENT

GRANT NOTICE

In accordance with the Initial Deferral Election made by _____________ (the
“Participant”) on ____________, pursuant to this Restricted Stock Unit Agreement
effective as of the Grant Date, as such term is defined below, (including
Appendix A hereto, the “Agreement”), Kilroy Realty Corporation (the “Company”)
hereby grants to the Participant the following award of Restricted Stock Units
(“RSUs”) pursuant and subject to the terms and conditions of this Agreement and
the Company's Stock Award Deferral Program (the “Program”), adopted under the
Company's 2006 Incentive Award Plan, as amended (the “Plan”), the terms and
conditions of each of which are hereby incorporated into this Agreement by
reference. Each RSU is hereby granted in tandem with a corresponding Dividend
Equivalent right, as further described in Section 3 below. Except as otherwise
expressly provided herein, all capitalized terms used in this Agreement shall
have the meanings provided in the Program. Subject to the terms and conditions
of this Agreement, the principal features of this award of RSUs are as follows:
Number of RSUs: _______
Grant Date: _______________ (the “Grant Date”)
Vesting of RSUs: [Specify schedule and circumstances on which vesting of the
RSUs would occur. Vesting could include time-based, performance-based or other
conditions.] [, provided, however, that if the Participant's service
relationship with the Company is terminated by the Company without Cause, by the
Participant with Good Reason (each, as defined in [the Participant's employment
agreement][Appendix A hereto]) or due to the Participant's death or “disability”
(within the meaning of Section 409A), all then-unvested RSUs will vest and
become nonforfeitable immediately prior to such termination (any date on which
any RSUs vest in accordance herewith, a “Vesting Date”)][or, if earlier, upon
the occurrence of a Change in Control, in either case, subject to the
Participant's continued service with the Company as an Employee, Consultant or
member of the Board through such date (any date on which any RSUs vest in
accordance herewith, a “Vesting Date”)]. [In addition, the RSUs may be subject
to accelerated vesting under certain circumstances to the extent set forth in
Section 11.2 of the Plan.] [Notwithstanding anything to the contrary contained
in this Agreement, to the extent that any additional RSUs are credited to the
Participant's Account in respect of Dividend Equivalent rights (if any) in
accordance with Section 3 of Appendix A attached hereto, such additional RSUs
shall be deemed granted and fully vested as of the applicable dividend payment
date.]
Payment of RSUs: Vested RSUs shall be paid to the Participant in the form of
shares of Stock as set forth in Section 6 of Appendix A attached hereto.
Termination of RSUs: In the event that the Participant ceases to be an Employee,
Consultant or member of the Board, as applicable, for any reason prior to the
applicable Vesting Date, all RSUs that have not vested as of the date of such
termination (after taking into consideration any accelerated vesting that may
apply, if any) shall thereupon automatically be forfeited by the Participant as
of such date of termination without payment of any consideration therefor.

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The Participant's signature below indicates the Participant's agreement with and
understanding that this award of RSUs is subject to all of the terms and
conditions contained in the Program and in this Agreement (including
Appendix A), and that, in the event that there are any inconsistencies between
the terms of the Program and the terms of this Agreement, the terms of the
Program shall control. In addition, by signing below, the Participant
acknowledges that the Company, in its sole discretion, may satisfy any
withholding obligations in accordance with Section 7 of Appendix A attached to
this Agreement by (i) withholding shares of Stock otherwise issuable to the
Participant upon payment of the RSUs or (ii) using any other method permitted by
Section 7 of Appendix A attached to this Agreement or the Plan. If the
Participant is married, his or her spouse has signed the Consent of Spouse
attached to this Agreement as Exhibit A. THE PARTICIPANT FURTHER ACKNOWLEDGES
THAT THE PARTICIPANT HAS READ AND UNDERSTANDS THE PROGRAM, THE PLAN AND THIS
AGREEMENT, INCLUDING APPENDIX A HERETO, WHICH CONTAINS THE SPECIFIC TERMS AND
CONDITIONS OF THIS GRANT OF RSUs AND DIVIDEND EQUIVALENT RIGHTS.

KILROY REALTY CORPORATION,
a Maryland corporation

________________________________
 
PARTICIPANT:

_________________________________
KILROY REALTY CORPORATION,
a Maryland corporation    

________________________________
 

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APPENDIX A
TERMS AND CONDITIONS OF
RESTRICTED STOCK UNITS AND DIVIDEND EQUIVALENT RIGHTS

1.    Grant. In accordance with the Participant's Initial Deferral Election made
on ________________, the Company hereby grants to the Participant, as of the
Grant Date, an award of __________ RSUs and corresponding Dividend Equivalent
rights, subject to the terms and conditions contained in this Agreement, the
Plan and the Program.
2.    RSUs. Each RSU that vests on an applicable Vesting Date shall represent
the right to receive payment, in accordance with Section 6 below, of one share
of Stock. Unless and until an RSU vests, the Participant will have no right to
payment in respect of any such RSU (other than with respect to any Dividend
Equivalent rights). Prior to actual payment in respect of any vested RSU, such
RSU will represent an unsecured obligation of the Company, payable (if at all)
only from the general assets of the Company.
3.    Dividend Equivalent Rights. Each RSU granted hereunder is hereby granted
in tandem with a corresponding Dividend Equivalent right. Such Dividend
Equivalent right shall entitle the Participant to have the Participant's Account
credited in accordance with Section 4.02 of the Program upon the Company's
payment of dividends. To the extent that any additional RSUs are credited to the
Participant's Account in respect of the Participant's Dividend Equivalent
rights, such additional RSUs shall be deemed granted and fully vested as of the
applicable dividend payment date set forth in the Program and also carry
corresponding Dividend Equivalent rights. Each Dividend Equivalent right shall
remain outstanding from the Grant Date (or later date of grant of such Dividend
Equivalent right in connection with the Company's payment of a dividend) through
the earlier to occur of (a) the termination or forfeiture for any reason of the
RSU to which such Dividend Equivalent right corresponds, or (b) the delivery to
the Participant of the share of Stock underlying the RSU to which such Dividend
Equivalent right corresponds. For the avoidance of doubt, if a Dividend
Equivalent right terminates after the applicable Stock record date for a Company
dividend and prior to the corresponding payment date thereof, the Participant
shall still be entitled to payment of the Dividend Equivalent right amount
determined in accordance with this Section 3, if and when the Company pays the
underlying dividend; provided, however, that such Dividend Equivalent right
amount shall be made in cash (rather than RSUs). Dividend Equivalent rights and
any amounts that may become distributable in respect thereof shall be treated
separately from the RSUs and the rights arising in connection therewith for
purposes of the designation of time and form of payments required by
Section 409A.
4.    Vesting. The RSUs shall vest in accordance with the vesting schedule
provided in the Grant Notice to which this Appendix is attached. [For purposes
of vesting, Cause and Good Reason shall be defined as follows:]
[(a)    “Cause” is defined as: (i) the Participant's conviction for commission
of a felony or a crime involving moral turpitude; (ii) the Participant's willful
commission of any act of theft, embezzlement or misappropriation against the
Company; or (iii) the Participant's willful and continued failure to
substantially perform the Participant's duties as an Employee, Consultant or
member of the Board of the Company (other than such failure resulting from the
Participant's incapacity due to physical or mental illness), which failure is
not remedied within a reasonable time after written demand for substantial
performance is delivered by the Company which specifically identifies the manner
in which the Company believes that the Participant has not substantially
performed the Participant's duties.]
[(b)     “Good Reason” is defined as: (i) the Company's material breach of any
of its obligations under any written, applicable employment agreement between
the Company and the Participant, if any, or

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(ii) any material diminution in the Participant's authority, duties or
responsibilities as an Employee, Consultant or member of the Board of the
Company without the Participant's prior written consent. Notwithstanding the
foregoing, the Participant will not be deemed to have resigned for Good Reason
unless (A) the Participant provides the Company with written notice setting
forth in reasonable detail the facts and circumstances claimed by the
Participant to constitute Good Reason within ninety (90) days after the date of
the occurrence of any event that the Participant knows to constitute Good
Reason, (B) the Company fails to cure such acts or omissions within thirty
(30) days following its receipt of such notice, and (C) the effective date of
the Participant's termination for Good Reason occurs no later than ninety
(90) days after the expiration of the Company's cure period.]
5.    Termination of RSUs. Upon the Participant's termination as an Employee,
Consultant or member of the Board, as applicable, all RSUs that have not vested
as of such termination (taking into consideration any vesting that may occur in
connection with such termination) shall automatically be forfeited and canceled
without payment of consideration therefor.
6.    Distribution.
(a)    Subject to Sections 5.02 and 5.03 of the Program and Section 10 below,
shares of Stock underlying RSUs issued under this Agreement (including any RSUs
issued in respect of Dividend Equivalent rights) shall, to the extent vested, be
paid to the Participant in a single distribution of vested Stock on or within
fifteen (15) days following the earliest to occur of (a) the date of the
Participant's Separation from Service; (b) the date of the occurrence of a
“change of control event” (within the meaning of Section 409A) with respect to
the Company; [and] (c) the date of the Participant's death or “disability”
(within the meaning of Section 409A)[; and (d) specify a fixed date for
distribution if participant elected a fixed date distribution] (any such date, a
“Distribution Date”).
(b)    All distributions upon payment of the RSUs shall be made by the Company
in the form of whole shares of Stock, and to the extent that any fractional RSUs
become payable on a Distribution Date, such fractional RSUs shall be paid in
cash (unless otherwise provided in the Program). To the extent that any
outstanding RSUs remain unvested as of an applicable Distribution Date (after
taking into consideration any vesting which may occur in connection with the
occurrence of such Distribution Date), then such RSUs shall, to the extent not
forfeited in connection with such distribution, be paid as Restricted Stock, and
the vesting schedule that applied to such RSUs immediately prior to such
distribution shall continue to apply to such Restricted Stock.
(c)    Notwithstanding anything herein to the contrary, no distribution
hereunder shall be made to the Participant during the six (6)-month period
following the Participant's Separation from Service to the extent that the
Company determines that paying such amounts at the time set forth in this
Section 6 would be a prohibited distribution under Code
Section 409A(a)(2)(B)(i). If the payment of any such amounts is delayed as a
result of the previous sentence, then on the first business day following the
end of such six (6)-month period (or such earlier date upon which such amount
can be paid under Section 409A without resulting in a prohibited distribution,
including as a result of the Participant's death), the Company shall pay the
Participant the cumulative amounts that would have otherwise been payable to the
Participant during such period.
(d)    The time of distribution of the RSUs under this Agreement may not be
changed except as may be permitted by the Committee in accordance with the
Program and Section 409A and the applicable Treasury Regulations promulgated
thereunder.

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7.    Tax Withholding. The Company shall have the authority and the right to
deduct, withhold or require the Participant or Beneficiary to remit to the
Company an amount sufficient to satisfy federal, state, local and foreign taxes
(including without limitation any income and employment tax obligations)
required by law to be withheld with respect to any taxable event arising in
connection with the RSUs and/or the Dividend Equivalent rights. To the extent
that such obligations arise at the time that the RSUs are paid to the
Participant in shares of Stock, the Committee may, in its sole discretion and in
satisfaction of the foregoing requirement, require the Participant to deliver
shares of Stock otherwise issuable under this Agreement (or allow the return of
shares of Stock) having a Fair Market Value equal to the sums required to be
withheld, provided, that the number of shares of Stock which may be so withheld
(or returned) with respect to a taxable event arising in connection with the
RSUs and/or the Dividend Equivalent rights shall be limited to the number of
shares which have a Fair Market Value on the date of withholding equal to the
aggregate amount of such liabilities based on the minimum statutory withholding
rates for federal, state and local income tax and payroll tax purposes that are
applicable to such supplemental taxable income.
8.    Rights as Stockholder. Neither the Participant nor any person claiming
under or through the Participant will have any of the rights or privileges of a
stockholder of the Company in respect of any shares of Stock deliverable
hereunder unless and until certificates representing such shares of Stock will
have been issued, recorded on the records of the Company or its transfer agents
or registrars, and delivered to the Participant or any person claiming under or
through the Participant.
9.    Non-Transferability. Neither the RSUs or Dividend Equivalent rights nor
any interest or right therein or part thereof shall be transferred, assigned,
pledged or hypothecated by the Participant in any way in favor of any party
other than the Company or a Subsidiary (whether by operation of law or
otherwise) and shall not be subjected to any lien, obligation or liability of
the Participant to any party other than the Company or a Subsidiary, other than
by the laws of descent and distribution. Upon any attempt by the Participant to
transfer, assign, pledge, hypothecate or otherwise dispose of this grant, or any
right or privilege conferred hereby, or upon any attempted sale by the
Participant under any execution, attachment or similar process, this grant and
the rights and privileges conferred hereby shall immediately become null and
void. Notwithstanding the foregoing, the Company may assign any of its rights
under this Agreement to single or multiple assignees and this Agreement shall
inure to the benefit of the successors and assigns of the Company.
10.    Distribution of Stock. The Company shall not be required to record any
shares of Stock in the name of the Participant in the books and records of the
Company's transfer agent, and the Company shall not be required to issue or
deliver any certificate or certificates for any shares of Stock prior to the
fulfillment of all of the following conditions: (a) the admission of such shares
to listing on all stock exchanges on which the Company's common stock is then
listed, (b) the completion of any registration or other qualification of such
shares under any state or federal law or under rulings or regulations of the
Securities and Exchange Commission or other governmental regulatory body, which
the Committee shall, in its sole and absolute discretion, deem necessary and
advisable, (c) the obtaining of any approval or other clearance from any state
or federal governmental agency that the Committee shall, in its absolute
discretion, determine to be necessary or advisable, and (d) the lapse of any
such reasonable period of time following the Distribution Date as the Committee
may from time to time establish for reasons of administrative convenience. In
the event that the Company delays a distribution or payment in settlement of
RSUs because it determines that the issuance of shares of Stock in settlement of
such RSUs will violate federal securities laws or other applicable law, such
distribution or payment shall be made at the earliest date at which the Company
reasonably determines that the making of such distribution or payment will not
cause such violation, as required by Treasury Regulation
Section 1.409A-2(b)(7)(ii). No payment shall be delayed under this Section 10 if
such delay will result in a violation of Section 409A.

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11.    No Right to Continued Service. Nothing in the Plan, the Program or in
this Agreement shall confer upon the Participant any right to continue as an
Employee, Consultant, member of the Board, or other service provider of the
Company or any Subsidiary, or shall interfere with or restrict in any way the
rights of the Company or any Subsidiary, which are hereby expressly reserved, to
discharge the Participant at any time for any reason whatsoever, with or without
Cause, except to the extent expressly provided otherwise in a written agreement
between the Participant and the Company or any Subsidiary.
12.    Severability. In the event that any provision in this Agreement is held
invalid or unenforceable, such provision will be severable from, and such
invalidity or unenforceability will not be construed to have any effect on, the
remaining provisions of this Agreement, which shall remain in full force and
effect.
13.    Tax Consultation. The Participant understands that he or she may suffer
adverse tax consequences in connection with the RSUs and Dividend Equivalent
rights granted pursuant to this Agreement. The Participant represents that the
Participant has consulted with any tax consultants that he or she deems
advisable in connection with the RSUs and the Dividend Equivalent rights and
that the Participant is not relying on the Company for tax advice.
14.    Amendment. Subject to Sections 16 and 18 below, this Agreement may only
be amended, modified or terminated by a writing executed by the Participant and
by a duly authorized representative of the Company.
15.    Relationship to other Benefits. Neither the RSUs, the Dividend Equivalent
rights, nor payment in respect of the foregoing shall be taken into account in
determining any benefits pursuant to any pension, retirement, savings, profit
sharing, group insurance, welfare or other benefit plan of the Company or any
Subsidiary.
16.    Code Section 409A. To the extent that the Committee determines that any
RSUs and/or Dividend Equivalent rights may not be compliant with or exempt from
Section 409A, the Committee may amend this Agreement in a manner intended to
comply with the requirements of Section 409A or an exemption therefrom
(including amendments with retroactive effect), or take any other actions as it
deems necessary or appropriate to (a) comply with the requirements of
Section 409A and/or (b) exempt the RSUs and/or the Dividend Equivalent rights
from Code Section 409A and/or preserve the intended tax treatment of the
benefits provided with respect to the RSUs. To the extent applicable, this
Agreement shall be interpreted in accordance with the provisions of
Section 409A.
17.    Clawback. The Participant agrees that all compensation paid or payable to
the Participant pursuant to this Agreement shall be subject to (a) the
provisions of any claw-back policy implemented by the Company to comply with
applicable law or regulation (including stock exchange rules), including,
without limitation, any claw-back policy adopted to comply with the requirements
of the Dodd-Frank Wall Street Reform and Consumer Protection Act and any rules
or regulations promulgated thereunder, and (b) any other claw-back required by
applicable law.
18.    Conformity to Securities Laws. The Participant acknowledges that the Plan
and this Agreement are intended to conform to the extent necessary with all
provisions of the Securities Act and the Exchange Act, and any and all
regulations and rules promulgated by the Securities and Exchange Commission
thereunder, as well as all applicable state securities laws and regulations.
Notwithstanding anything herein to the contrary, the Plan shall be administered,
and the RSUs are granted, only in such a manner as to conform to such laws,
rules and regulations. To the extent permitted by applicable law, the Plan and
this Agreement shall be deemed amended to the extent necessary to conform to
such laws, rules and regulations.

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19.    Notices. Any notice to be given under the terms of this Agreement to the
Company shall be addressed to the Company in care of the Secretary of the
Company at the Company's principal office, and any notice to be given to the
Participant shall be addressed to the Participant at the Participant's last
address reflected on the Company's records. Any notice shall be deemed duly
given when sent via email or when sent by reputable overnight courier or by
certified mail (return receipt requested) through the United States Postal
Service.
20.    Entire Agreement. The Plan and this Agreement (including this Appendix A
and all Exhibits hereto) constitute the entire agreement of the parties and
supersede in their entirety all prior undertakings and agreements of the Company
and the Participant with respect to the subject matter hereof.
21.    Governing Law. The laws of the State of Maryland shall govern the
interpretation, validity, administration, enforcement and performance of the
terms of this Agreement regardless of the law that might be applied under
principles of conflicts of laws.
22.    Captions. Captions provided herein are for convenience only and are not
to serve as a basis for interpretation or construction of this Agreement.

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EXHIBIT A
CONSENT OF SPOUSE
I, ____________________, spouse of _______________, have read and approve the
foregoing Agreement. In consideration of issuing to my spouse the Restricted
Stock Units and Dividend Equivalent rights set forth in the Agreement, I hereby
appoint my spouse as my attorney-in-fact in respect to the exercise of any
rights under the Agreement and agree to be bound by the provisions of the
Agreement insofar as I may have any rights in said Agreement and any Restricted
Stock Units, Dividend Equivalent rights, shares of Kilroy Realty Corporation or
cash issued pursuant thereto under the community property laws or similar laws
relating to marital property in effect in the state of our residence as of the
date of the signing of the foregoing Agreement.
Dated: _______________, _____            ________________________________
Signature of Spouse