Exhibit 10.73

HORIZON GROUP PROPERTIES, L.P.
COMMON UNIT AWARD AGREEMENT

THIS COMMON UNIT AWARD AGREEMENT(this "Agreement") is made as of
September    , 2002 (the "Issue Date"), by and between Horizon Group Properties, L.P., a Delaware limited partnership (the
"Partnership"), Horizon Group Properties, Inc., a Maryland corporation, in its capacity as the general partner of the Partnership (the
"General Partner"), and                        (the "Grantee"). Capitalized terms used herein but not defined
herein have the meaning ascribed thereto in the Amended and Restated Agreement of Limited Partnership of the Partnership, dated as of June 15, 1998, as amended to date (the
"Partnership Agreement").

WHEREAS,the Partnership wishes to reward and incentivize the Grantee, who performs valuable services for the benefit of the Partnership,
by making the Grantee a Limited Partner and issuing Common Units in the Partnership (the "Common Units") to the Grantee; and

WHEREAS,the Grantee desires to become a Limited Partner and receive such Common Units from the Partnership; and

WHEREAS,THE General Partner consents to the Grantee becoming a Limited Partner and to the issuance of the Common Units to the Grantee.

NOW, THEREFORE,in consideration of the mutual promises and covenants contained herein, the parties hereto do hereby agree as follows:

SECTION 1.    GRANT OF COMMON UNITS

1.1Grant.The Partnership hereby issues to the Grantee, and the General Partner hereby consents to such
issuance,            Common Units, subject to all of the terms and conditions of this Agreement and the Partnership Agreement, in exchange for prior services rendered to the Partnership (in
accordance with Section 4.5 of the Partnership Agreement), such consideration equal to $2.75 per Common Unit for an aggregate consideration of
$                        (the
"Capital Account").

1.2Subscription.The Grantee hereby subscribes for, and agrees to acquire, the Common Units specified above
upon the terms, provisions and conditions set forth herein and in the Partnership Agreement, a copy of which has been delivered to the Grantee, together with a separate counterpart signature page
(attached hereto asAnnex A) to be signed by the Grantee, as a Limited Partner, and returned with this Agreement.

1.3Lock-Up.During the period commencing on the Issue Date and ending on the one year anniversary
of the Issue Date (the "Lock-Up Period"), the Grantee shall not have the right to convert all or any portion of the Common Units issued
hereunder into common shares of beneficial interest, par value $.01 per share, of the General Partner (the "Common Shares"). Following the expiration of
such Lock-Up Period, the Grantee shall have the Rights described in Section 8.6 of the Partnership Agreement.

SECTION 2.    REPRESENTATIONS AND WARRANTIES

2.1Representations and Warranties.The Grantee hereby represents and warrants to and agrees with the
Partnership as follows:



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SECTION 3.    MISCELLANEOUS

3.1Survival of Representations; Severability.All the agreements, representations and warranties made by the
Grantee in this Agreement shall survive the execution and delivery hereof. The Grantee shall immediately notify the Partnership upon discovering that any of the representations or warranties made
herein were false when made or has, as a result of changes in circumstances, become false. Every provision of this Agreement is intended to be severable, and if any term or provision hereof is held to
be illegal or invalid for any reason whatsoever, such illegality or invalidity shall not affect the validity of the remainder hereof.

3.2Location.Unless otherwise indicated, the address on the signature page of this document is the legal
residence of the Grantee and all offers and communications in connection with the offering of the Common Units subscribed to herein have been conducted at such address or at the offices of the
Partnership.

3.3Arbitration.All disputes, claims or controversies arising out of or relating to this Agreement, or any
other agreement executed and delivered pursuant to this Agreement, or the negotiation, validity or performance hereof and thereof or the transactions contemplated hereby and thereby that are not
resolved by mutual agreement shall be resolved solely and exclusively by binding arbitration to be conducted before J.A.M.S./Endispute, Inc. or its successor. The parties understand and agree
that this arbitration provision shall apply equally to claims of fraud or fraud in the inducement. The arbitration shall be held at a location convenient to the parties in Chicago, Illinois before a
single arbitrator and shall be conducted in accordance with the rules and regulations promulgated by J.A.M.S./Endispute, Inc. unless specifically modified herein.

The
parties covenant and agree that the arbitration shall commence within 120 days of the date on which a written demand for arbitration is filed by any party hereto. In
connection with the arbitration proceeding, the arbitrator shall have the power to order the production of documents by each party and any third-party witnesses. In addition, each party may take up to
three depositions as of right, and the arbitrator may in his or her discretion allow additional depositions upon good cause shown by the moving party. However, the arbitrator shall not have the power
to order the answering of interrogatories or the response to requests for admission. In connection with any arbitration, each party

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shall provide to the other, no later than 14 business days before the date of the arbitration, the identity of all persons that may testify at the arbitration, a copy of all documents that may be
introduced at the arbitration or considered or used by a party's witness or expert, and a summary of the expert's opinions and the basis for said opinions. The arbitrator's decision and award shall be
made and delivered within 60 days of the conclusion of the arbitration. The abitrator's decision shall set forth a reasoned basis for any award of damages or finding of liability. The
arbitrator shall not have power to award damages in excess of actual compensatory damages and shall not multiply actual damages or award punitive damages or any other damages that are specifically
excluded under this Agreement, and each party hereby irrevocably waives any claim to such damages.

The
parties covenant and agree that they will participate in the arbitration in good faith and that they will share equally its costs, except as otherwise provided herein. Any party
unsuccessfully refusing to comply with an order of the arbitrators shall be liable for costs and expenses, including attorneys' fees, incurred by the other party in enforcing the award. This
Section 3.3 applies equally to requests for temporary, preliminary or permanent injunctive relief, except that in the case of temporary or preliminary injunctive relief any party may proceed in
court without prior arbitration for the limited purpose of avoiding immediate and irreparable harm. The provisions of this Section 3.3 shall be enforceable in any court of competent
jurisdiction.

Subject
to the second sentence of the immediately preceding paragraph, the parties shall bear their own attorneys' fees, costs and expenses in connection with the arbitration and the
parties will share equally in the fees and expenses charged by J.A.M.S./Endispute, Inc.; provided, however, that the arbitrator, upon a determination that a party acted in bad faith in
connection with the subject matter of the arbitration, may require such party to pay some or all of the expenses of the other party, including reasonable expenses of attorneys, financial experts and
other witnesses and the portion of the arbitration fees and expenses of the arbitrators otherwise allocable to such other party.

3.4Governing Law.This Agreement and all legal relations, claims or obligations arising out of this transaction
shall be governed by and construed in accordance with the internal substantive laws of the State of Delaware.

3.5Notices and Demands.All notices, requests, demands and other communications hereunder shall be in writing
and shall be deemed to have been duly given if faxed (with transmission

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acknowledgment received), delivered personally or mailed by certified or registered mail (return receipt requested) as follows:

To the Partnership of the
General Partner:

Horizon Group Properties, Inc.
77 West Wacker Drive, Suite 4200
Chicago, IL 60601
Attention: Chief Financial OfficerTo the Grantee:

At the address or facsimile number shown on the
Signature pages hereto.


or
to such other address or fax number of which any party may notify the other parties as provided above. Notices shall be effective as of the date of such delivery, mailing or fax.

3.6Counterparts.This Agreement may be executed in multiple counterparts, each of which shall constitute an
original but all of which shall constitute but one and the same instrument. One or more counterparts of this Agreement may be delivered via facsimile transmission, with the intention that they shall
have the same effect as an original counterpart hereof.

3.7Limitation of Liability.The Grantee hereby acknowledges that no member, officer, manager, director, agent
or sponsor of the Partnership, the General Partner or any of their affiliates shall have personal liability hereunder or under the Partnership Agreement for any acts taken by such person in connection
with the transactions contemplated hereby, except for acts which constitute willful misconduct.

3.8Nontransferability.Neither this Agreement nor any Common Units granted hereunder may be transferred in any
manner without the prior written consent of the Partnership, which consent may be withheld in its sole discretion; provided, however, that the following transfers of Common Units are permitted:
(a) transfers upon the death of Grantee by operation of law; (b) transfers to the Partnership; and (c) transfers in connection with transactions approved by the board of directors
of the General Partner.

3.9Entire Agreement.The Partnership Agreement is incorporated herein by reference. This Agreement and the
Partnership Agreement constitute the entire agreement of the parties and supersede all prior undertakings and agreements with respect to the subject matter hereof.

3.10Amendments.This Agreement may be amended only by a writing executed by the Grantee, the Partnership and
the General Partner.

3.11Tax Withholding.The Grantee shall pay to the Partnership or make arrangements satisfactory to the General
Partner for payment of any federal, state, and local taxes required by law to be withheld on account of the issuance of the Common Units hereunder.

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IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date first set forth above.

| | HORIZON GROUP PROPERTIES, L.P.
| | ------------------------------
| | By:                           
| | By:                           
| | HORIZON GROUP PROPERTIES, INC.
| | By:                           

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[GRANTEE SIGNATURE PAGE]

| | GRANTEE:  
| | ----------
| | Signature 
| | Print Name

| | Social Security Number: | 
| | ----------------------- | 

| | Address: | 
| | -------- | 
| |         

Section 2(i) Representation.Please initial or checkALLof
the boxes which correctly describe the Grantee.



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ANNEX A

COUNTERPART SIGNATURE PAGE OF
AMENDED AND RESTATED
AGREEMENT OF LIMITED PARTNERSHIP OF
HORIZON GROUP PROPERTIES, L.P.

LIMITED
PARTNER SIGNATURE PAGE

The
undersigned, desiring to become a limited partner of Horizon Group Properties, L.P., a Delaware limited partnership (the
"Partnership"), hereby becomes a party to the Amended and Restated Agreement of Limited Partnership of the Partnership, dated as of June 15,
1998, as amended to date (the "Partnership Agreement"). The undersigned hereby agrees to all the provisions of the Partnership Agreement, and agrees
that this signature page may be attached to any counterpart copy of the Partnership Agreement.

| | Signature                                
| | -----------------------------------------
| | Print Name                               
| | Date: Effective as of September    , 2002

| | Address: | 
| | -------- | 
| |         

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