Document:

AMENDED AND RESTATED FORM OF SHARE AWARD AGREEMENT

 Exhibit 10.5 
 CHAMBERS STREET PROPERTIES 
 AMENDED AND RESTATED 2004 EQUITY INCENTIVE
PLAN 
 AMENDED AND RESTATED FORM OF SHARE AWARD AGREEMENT 

AGREEMENT by and between Chambers Street Properties, a Maryland real estate investment trust (the “Company”) and
            (the “Grantee”), dated as of the             day of
            , 20        . 
 WHEREAS, the
Company maintains the Chambers Street Properties Amended and Restated 2004 Equity Incentive Plan (the “Plan”) (capitalized terms used but not defined herein shall have the respective meanings ascribed thereto by the Plan); and

 WHEREAS, under the Plan the Company may grant awards to its employees, trustees and other persons who provide significant services to the
Company; and 
 WHEREAS, the Grantee is a              of the Company, and performs
services for the Company; and 
 WHEREAS, the Committee has determined that it is in the best interests of the Company and its shareholders to
grant Shares to the Grantee subject to the terms and conditions set forth below. 
 NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS: 

1. Grant of Shares. 
 The Company hereby grants the Grantee              common shares of the Company, subject to the following terms and conditions and subject to
the provisions of the Plan. The Plan is hereby incorporated herein by reference as though set forth herein in its entirety. 

Any cash dividends to which the Grantee may become entitled, with respect to a Share, may, at the election of the Grantee, be used to
purchase additional Shares under the terms and conditions of the Company dividend reinvestment plan. 
 2. Restrictions and
Conditions. 
 The Grantee may not redeem any Share awarded pursuant to this Agreement and the Plan prior to the third
anniversary of the date hereof, pursuant to the Company’s share redemption program. 
 3. Miscellaneous. 

 

	 	(a)	THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF MARYLAND, WITHOUT REGARD TO ANY PRINCIPLES OF CONFLICTS OF LAW WHICH
COULD CAUSE THE APPLICATION OF THE LAWS OF ANY JURISDICTION OTHER THAN THE STATE OF MARYLAND. The captions of this Agreement are not part of the provisions hereof and shall have no force or effect. This Agreement may not be amended or
modified except by a written agreement executed by the parties hereto or their respective successors and legal representatives. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of
any other provision of this Agreement. 

  

	 	(b)	The Committee may make such rules and regulations and establish such procedures for the administration of this Agreement as it deems appropriate. Without limiting the
generality of the foregoing, the Committee may interpret the Plan and this Agreement, with such interpretations to be conclusive and binding on all persons and otherwise accorded the maximum deference permitted by law, and take any other actions and
make any other determinations or decisions that it deems necessary or appropriate in connection with the Plan, this Agreement or the administration or interpretation thereof. In the event of any dispute or disagreement as to interpretation of the
Plan or this Agreement or of any rule, regulation or procedure, or as to any question, right or obligation arising from or related to the Plan or this Agreement, the decision of the Committee, shall be final and binding upon all persons.

  

	 	(c)	All notices hereunder shall be in writing, and if to the Company or the Committee, shall be delivered to the Board or mailed to its principal office, addressed to the
attention of the Board; and if to the Grantee, shall be delivered personally, sent by facsimile transmission or mailed to the Grantee at the address appearing in the records of the Company. Such addresses may be changed at any time by written notice
to the other party given in accordance with this paragraph 3(c). 

  
 1 

	 	(d)	The failure of the Grantee or the Company to insist upon strict compliance with any provision of this Agreement, or to assert any right the Grantee or the Company,
respectively, may have under this Agreement, shall not be deemed to be a waiver of such provision or right or any other provision or right of this Agreement. 

 

	 	(e)	Nothing in this Agreement shall confer on the Grantee any right to continue in the employ or other service of the Company or any of their affiliates or interfere in any
way with the right of the Company or any of their affiliates and their shareholders to terminate the Grantee’s employment or other service at any time. 

 

	 	(f)	This Agreement (including the Plan) contains the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements,
written or oral, with respect thereto. 

 IN WITNESS WHEREOF, the Company and the Grantee have executed this
Agreement as of the day and year first above written. 
  

			
	CHAMBERS STREET PROPERTIES
		
	By:	 	 
	Name:	 	 
	Title:	 	 

  

	
	Grantee’s Name
	
	  

  
 2SECOND AMENDED AND RESTATED DIVIDEND REINVESTMENT PLAN

 Exhibit 10.6 
 CHAMBERS STREET PROPERTIES 
 SECOND AMENDED AND RESTATED 

DIVIDEND REINVESTMENT PLAN 
 Chambers Street Properties, a Maryland real estate investment trust (the “Company”), has adopted a second amended and restated dividend reinvestment plan (the “Plan”),
the terms and conditions of which are set forth below. Capitalized terms shall have the same meaning as set forth in the Company’s Declaration of Trust unless otherwise defined herein. 
 1. Participants. “Participants” are our existing shareholders and persons who receive our shares upon conversion of OP units of CSP Operating Partnership, LP who elect to participate in
the Plan, provided such persons meet the investor suitability and minimum purchase requirements of their states of residence. 
 2. Dividend
Reinvestment. The Company will apply all of the dividends and other distributions (“Distributions”) declared and paid in respect of a Participant’s common shares to the purchase of additional common shares for such
Participant. Such shares will be sold through a broker-dealer through whom the Company sold the underlying shares to which the Distributions relate in its previous offerings unless the Participant makes a new election through a different
distribution channel. No sales commissions will be paid in connection with purchases under the Plan. 
 3. Administrator. DST Systems,
Inc. will serve as the plan administrator. The plan administrator will administer the plan, keep records and will provide each Participant with purchase confirmations. 
 4. Procedure for Participation. Qualifying shareholders may elect to become a Participant by completing and executing an enrollment form or any other Company-approved authorization form as may be
available from the plan administrator. Participation in the Plan will begin with the next Distribution payable after receipt of a Participant’s enrollment or authorization provided such notice is received more than 30 days prior to the last day
of the fiscal quarter. Shares will be purchased under the Plan on the date that the Company makes a Distribution. Distributions will be paid quarterly. 
 5. Purchase of Shares. The Company’s board of trustees determined that the offering price for shares under the Plan will initially be $9.50 per share. In the Company’s recent public
offering of common shares, the price per common share was $10.00. In the event that the Company’s board of trustees determines that the fair market value of the Company’s common shares has changed, common shares will thereafter be sold
pursuant to the Plan at a price determined by the board of trustees, which price shall not be less than 95% of the fair market value of a common share on the reinvestment date (including any administrative costs paid by us on Participants’
behalf) as so determined. There is no public trading market for the Company’s common shares. The initial offering price per share may not reflect the value of the underlying assets. The selling price also may not be indicative of the price at
which the shares may trade if they were listed on an 

 
exchange or of the proceeds that a shareholder may receive if the Company liquidated or dissolved. The purchase of fractional shares is a permissible, and likely, result of the reinvestment of
Distributions under the Plan. Shares may be issued under the Plan until all shares registered as part of the Plan offering have been sold. 
 6.
Investment of Distribution. The Company’s plan administrator will use the aggregate amount of distributions to all Participants for each fiscal quarter to purchase shares (including fractional shares) for the Participants. If the
aggregate amount of distributions to Participants exceeds the amount necessary to purchase all shares then available for purchase, the plan administrator will purchase all available shares and will return all remaining distributions to the
Participants within 30 days after the date such distributions are made. Any distributions not so invested will be returned to Participants. At this time, Participants will not have the option to make voluntary contributions to the Plan to purchase
shares in excess of the amount of shares that can be purchased with their distributions. The Company’s board of trustees reserves the right, however, to amend the Plan in the future to permit voluntary contributions to the Plan by Participants,
to the extent consistent with the Company’s objective of qualifying as a REIT. 
 7. Taxation of Distributions. The reinvestment of
Distributions in the Plan does not relieve Participants of any taxes which may be payable as a result of those Distributions and their reinvestment pursuant to the terms of this Plan. Participants should be aware that, because shares purchased with
reinvested dividends may be purchased at up to a 5% discount, the taxable income received by a Participant may be greater than the taxable income that would have resulted from the receipt of the dividend in cash. 

8. Share Certificates. The shares issuable under the Plan shall be uncertificated until the board of trustees determines otherwise. 

9. Voting of Plan Shares. In connection with any matter requiring the vote of the Company’s shareholders, each Participant will be entitled
to vote all of the whole shares acquired by the Participant through the Plan. Fractional shares will not be voted. 
 10. Purchase
Confirmations. Within 30 days after the end of each quarter, the plan administrator shall provide each Participant (or his or her designee) with (i) an individualized report on the Participant’s investment, including each dividend
reinvested during the quarter, the reinvestment date(s), purchase price and number of shares purchased during the quarter and the total number of shares owned; and (ii) all material information regarding the Plan and the effect of reinvesting
dividends, including the tax consequences thereof. The Company shall provide such information reasonably requested by a broker-dealer in the Plan offering in order for such broker-dealer to meet its obligation to deliver written notification to
Participants of the information required by Rule 10b-10(b) promulgated under the Securities Exchange Act of 1934. 
 11. Fees and
Commissions. The Company shall not pay selling commissions, a dealer manager fee or a marketing support fee on shares sold under the Plan and shall not receive a fee for selling shares under the Plan. The Company will be responsible for all
administrative charges and expenses charged by the plan administrator. Any interest earned on such distributions will be paid to the Company to defray certain costs relating to the Plan. 

  
 - 2 -

 12. Termination by Participant. A Participant may terminate participation (in whole and not in part)
in the Plan at any time, without penalty, by delivering to the Company a written notice. To be effective for any Distribution, such notice must be received by the Company at least ten business days prior to the last day of the fiscal period to which
the Distribution relates. Any transfer of shares by a Participant will terminate participation in the Plan with respect to the transferred shares. Upon termination of Plan participation, Distributions will be distributed by the plan administrator to
the shareholder of record (or, if the common shares are held in street or other nominee name, then to such nominee). 
 13. Amendment or
Termination of Plan by the Company. The board of trustees of the Company may amend or terminate the Plan for any reason upon ten days’ written notice to the Participants. 
 14. Liability of the Company. The Company shall not be liable for any act done in good faith, or for any good faith omission to act. To the extent that indemnification may apply to liabilities
arising under the Securities Act of 1933, as amended, or the securities act of a state, the Company has been advised that, in the opinion of the Securities and Exchange Commission and certain state securities commissioners, such indemnification is
contrary to public policy and, therefore, unenforceable. 
 15. Governing Law. This Plan shall be governed by the laws of the State of
Maryland. 

  
 - 3 -

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00205-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00205-of-00352.parquet"}]]