Document:

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EXHIBIT 4.1

STRATEGIC STORAGE TRUST, INC.

DISTRIBUTION REINVESTMENT PLAN

Amended As of September 24, 2009 

Strategic Storage Trust, Inc., a Maryland corporation (the "Company"), has adopted a distribution reinvestment plan (the "DRP"), the terms and conditions of which are set forth below.  

	Distribution Reinvestment.  As agent for the stockholders of the Company ("Stockholders") who (A) purchase shares of the Company's common stock (the "Shares") pursuant to the Company's initial public offering ("Initial Public Offering"), or (B) purchase Shares pursuant to any future offering of the Company (a "Future Offering") and who elect to participate in the DRP (the "Participants"), the Company will apply all distributions declared and paid in respect of the Shares held by each participating Stockholder (the "Distributions"), including Distributions paid with respect to any full or fractional Shares acquired under the DRP, to the purchase of the Shares for such participating Stockholders directly, if permitted under state securities laws and, if not, through the Dealer Manager or participating dealers registered in the participating Stockholder's state of residence ("Participating Dealers").

	Effective Date.  The DRP will become effective on the effective date of the Company's initial public offering.  Any amendment to the DRP shall be effective as provided in Section 12.

	Eligibility and Procedure for Participation.  Any Stockholder who purchases Shares pursuant to the Initial Public Offering or any Future Offering, and who has received either (1) a prospectus, as contained in the Company's registration statement filed with the Securities and Exchange Commission (the "SEC"), or (2) a confidential private placement memorandum with similar disclosure, may elect to become a Participant by completing and executing the Subscription Agreement, an enrollment form or any other appropriate authorization form as may be available from the Company, the dealer manager or Participating Dealer.  The Company may elect to deny a Stockholder participation in the DRP if the Stockholder resides in a jurisdiction or foreign country where, in the Company's judgment, the burden or expense of compliance with applicable securities laws makes the Stockholder's participation impracticable or inadvisable.  Participation in the DRP will begin with the next Distribution payable after receipt of a Participant's accepted subscription, enrollment or authorization.  

Once enrolled, a Participant may continue to purchase stock under the DRP until all of the shares of stock registered have been sold, the Company has terminated a current offering, or the Company has terminated the DRP.  A Participant can choose to have all or a portion of distributions reinvested through the DRP.  A Participant may also change the percentage of distributions that will be reinvested at any time by completing a new enrollment form or other form provided for that purpose.  Any election to increase a Participant's level of participation must be made through a Participating Dealer or, if purchased other than through a Participating Dealer, through the Company's dealer manager.  Shares will be purchased under the DRP on the date that Distributions are paid by the Company.  

Each Participant agrees that if, at any time prior to the listing of the Shares on a national stock exchange or inclusion of the Shares for quotation on a national market system, he or she fails to meet the suitability requirements for making an investment in the Company or cannot make the other representations or warranties set forth in the Subscription Agreement, he or she will promptly so notify the Company in writing.

	Purchase of Shares.  Participants may acquire DRP Shares from the Company at a price equal to the higher of $9.50 per share or 95% of the fair market value of a share of the Company's common stock as estimated by the Company's board of directors or a firm chosen by the Company's board of directors, until the earliest of (i) the date that all of the DRP Shares registered have been issued or (ii) all offerings terminate and the Company elects to deregister with the SEC the unsold DRP Shares.  The DRP Share price was determined by the Company's board of directors in its business judgment.  The Company's board of directors may set or change the DRP Share price for the purchase of DRP Shares at any time in its sole and absolute discretion based upon such factors as it deems appropriate.  Participants in the DRP may also purchase fractional Shares so that 100% of the Distributions will be used to acquire Shares; however, a Participant will not be able to acquire DRP Shares to the extent that any such purchase would cause such Participant to exceed the ownership limit as set forth in the Company's charter or otherwise would cause a violation of the share ownership restrictions set forth in the Company's charter.

Shares to be distributed by the Company in connection with the DRP may (but are not required to) be supplied from: (a) the DRP Shares registered with the SEC in connection with the Company's Initial Public Offering, (b) Shares to be registered with the SEC in a Future Offering for use in the DRP (a "Future Registration"), or (c) Shares of the Company's common stock purchased by the Company for the DRP in a secondary market (if available) or on a national stock exchange or national market system (if listed) (collectively, the "Secondary Market").

Shares purchased in any Secondary Market will be purchased at the then-prevailing market price, which price will be used for purposes of issuing Shares in the DRP.  Shares acquired by the Company in any Secondary Market or registered in a Future Registration for use in the DRP may be at prices lower or higher than the Share price which will be paid for the DRP Shares pursuant to the Initial Public Offering.

If the Company acquires Shares in any Secondary Market for use in the DRP, the Company shall use its reasonable efforts to acquire Shares at the lowest price then reasonably available.  However, the Company does not in any respect guarantee or warrant that the Shares so acquired and purchased by the Participant in the DRP will be at the lowest possible price.  Further, irrespective of the Company's ability to acquire Shares in any Secondary Market or to make a Future Offering for Shares to be used in the DRP, the Company is in no way obligated to do either, in its sole discretion.

	No Commissions or Other Charges.  No dealer manager fee and no commissions will be paid with respect to the DRP Shares.

	Exclusion of Certain Distributions.  The board of directors of the Company reserves the right to designate that certain cash or other distributions attributable to net sale proceeds will be excluded from Distributions that may be reinvested in shares under the DRP.  

	Taxation of Distributions.  The reinvestment of Distributions in the DRP 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.

	Stock Certificates.  The ownership of the Shares purchased through the DRP will be in book-entry form unless and until the Company issues certificates for its outstanding common stock.

	Voting.A Participant may vote all shares acquired through the DRP.

	Reports.  Within 90 days after the end of the Company's fiscal year, the Company shall provide each Stockholder with an individualized report on his or her investment, including the purchase date(s), purchase price and number of Shares owned, as well as the dates of Distribution payments and amounts of Distributions paid during the prior fiscal year.

	Termination by Participant.  A Participant may terminate participation in the DRP at any time, without penalty by delivering to the Company a written notice.  Prior to listing of the Shares on a national stock exchange or quotation on a national market system, any transfer of Shares by a Participant to a non-Participant will terminate participation in the DRP with respect to the transferred Shares.  Upon termination of DRP participation for any reason, Distributions paid subsequent to termination will be distributed to the Stockholder in cash.

	Amendment or Termination of DRP by the Company.  The board of directors of the Company may by majority vote (including a majority of the Independent Directors) amend, modify, suspend or terminate the DRP for any reason upon 10 days' written notice to the Participants; provided, however, no such amendment shall add compensation to the DRP or remove the opportunity for a Participant to terminate participation in the plan, as specified above.

	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, including, without limitation, any claims or liability (a) arising out of failure to terminate a Participant's account upon such Participant's death prior to receipt of notice in writing of such death, or (b) with respect to the time and the prices at which Shares are purchased or sold for a Participant's account.  Any limitation of the Company's liability under this Section 13 may be further limited by Section II.G. of the Statement of Policy Regarding Real Estate Investment Trusts published by the North American Securities Administrators Association, as applicable.  To the extent that indemnification may apply to liabilities arising under the Securities Act of 1933, as amended, or the securities laws of a particular state, the Company has been advised that, in the opinion of the SEC and certain state securities commissioners, such indemnification is contrary to public policy and, therefore, unenforceable.DC7491.htm

		AGREEMENT FOR 
SETTLEMENT OF BENEFITS 
UNDER PRE-409 SERP
            
1.        Sale of AMID.  Technitrol, Inc. (the "Company") and all active participants in the 
Technitrol, Inc. Supplemental Retirement Plan Amended and Restated Effective 
December 31, 2004 (the "pre-409A SERP") as of the date of this Agreement (i.e., Grace 
Greco, Michael J. McGrath, Drew A. Moyer, James M. Papada III, and David J. 
Stakun)(the "Active Participants") agree that if the closing of a sale of the AMI Doduco 
business occurs before January 1, 2012 (a "Sale"), such Sale shall result in the 
consequences described below with respect to the pre-409A SERP.  For this purpose, a 
"sale of the AMI Doduco business" means a direct or indirect sale, in one transaction or a 
series of related transactions, of all or substantially all the assets or shares of any of the 
following: (a) AMI Doduco, Inc., (b) AMI Doduco GmbH and AMI Doduco Espana, 
S.L. (i.e., AMI Doduco Europe), or (c) AMI Doduco GmbH, AMI Doduco Espana, S.L. 
and AMI Doduco Tianjin Electrical Contacts Manufacturing Co., Ltd. (i.e., AMI Doduco 
Europe and China)).2.        Termination of Pre-409A SERP; Payments.
a.        Immediately upon the Sale, the Company will cause the payment of benefits to 
the participants of the pre-409A SERP as set forth in section 3 below to be made 
within 10 days of the Sale.  The Company will also terminate the pre-409A SERP 
at that time.
b.        Payments described in Sections 3(b), (c) and (d) will be made in two parts: (i) an 
amount from the pre-409A SERP representing the benefit payable upon plan 
termination in the ordinary course (i.e., in the absence of a Change in Control 
('CIC")), and (ii) a separate but contemporaneous cash amount sufficient (when 
added to the first amount) to achieve the aggregate economics below described.  If 
and to the extent the payments are made within the time frame as described 
herein, the Active Participants agree not to assert that a CIC or Potential Change 
in Control has occurred for purposes of the pre-409A SERP, the Company's 
equity plans or any other arrangements and agree that the amounts herein 
described will constitute full satisfaction of their rights under or with respect to 
the pre-409A SERP in connection with any Sale.
3.        Payment of Benefits Upon A Sale.
a.        Non-Active Participants as of the date of this Agreement.  Non-active participants 
as of the date of this Agreement will receive a lump sum cash payment of their 
accumulated benefit obligations under the pre-409A SERP.  Such non-active 
participants will not receive tax-gross ups or other cash amounts.  See Exhibit 1 
for an estimate of the benefit payments to non-active participants.
b.        Active Participants (other than Jim Papada and Grace Greco) as of the date of this 
Agreement.  Michael J. McGrath, Drew A. Moyer and David J. Stakun will each 
receive a lump sum cash payment of the benefits they would be entitled to receive 
under the pre-409A SERP if the Sale were a CIC, but excluding any tax-gross ups 
or other cash amounts.  In consideration for the Company's agreement to pay this 
amount in the circumstance herein described, these Active Participants will sign a 
written waiver of, the tax gross-up benefits that they would otherwise be entitled 
to receive from the pre-409A SERP upon a CIC.  See Exhibit 1 for an estimate of 
the benefit payments to these Active Participants.
c.        Jim Papada.  Whether active or not as of the date of Sale, Jim will receive an 
amount sufficient, on an after-tax basis (assuming all federal, state and local taxes 
at the then highest marginal rate), to then pay the "applicable annuity cost."  For 
this purpose, "applicable annuity cost" means (a) the cost of then purchasing an 
annuity from an insurance company reasonably acceptable to Jim with a Standard 
and Poor's Financial Strength Rating of AAA, which annuity would pay $425,000 
annually for the joint lives of Jim and his current spouse and, following the death 
of either, $212,500 annually for the remainder of the survivor's life, reduced by 
(b) $1,283,113.  In consideration for the Company's agreement to pay this amount 
in the circumstance herein described, Jim will sign a written waiver of the benefits 
that he would otherwise be entitled to receive from the pre-409A SERP upon a 
CIC.  An estimate of the cost of Jim's proposed SERP benefits is set forth in 
Exhibit 1.
d.        Grace Greco.  Whether active or not as of the date of Sale, Grace will receive an 
amount sufficient, on an after-tax basis, to then purchase an annuity from an 
insurance company reasonably acceptable to Grace or her designee with a 
Standard and Poor's Financial Strength Rating of AAA, which annuity would pay 
$31,575 per year in the form of a single life obligation.  In consideration for the 
Company's agreement to pay this amount in the circumstance herein described, 
Grace will sign a written waiver of the benefits that she would otherwise be 
entitled to receive from the pre-409A SERP upon a CIC.  An estimate of the cost 
of Grace's proposed pre-409A SERP benefits is set forth in Exhibit 1.
e.        No Prohibition Against Pre-Sale Retirement.  For avoidance of doubt, this 
Agreement will not prevent Mr. Papada and/or Ms. Greco from commencing 
receipt of monthly benefits under the pre-409A SERP prior to a Sale and 
following their respective retirements.  If a Sale occurs after either has 
commenced receipt of his or her monthly benefits under the pre-409A SERP in 
the ordinary course, Sections 2 and 3 of this Agreement will still apply.  Their 
remaining benefits under the pre-409A SERP would then be cashed out upon 
termination of that plan on a basis consistent with the treatment of other retirees, 
and the payment received under the pre-409A SERP upon plan termination, plus 
the additional payment described in Section 2(b)(ii) will, in the aggregate, provide 
them with the amount described in Section 3(c) or 3(d), as applicable.
4.        No Sale of AMID.  If a Sale does not occur, then:
a.        the pre-409A SERP will continue in effect and will pay benefits to participants as 
provided for under the terms of the SERP (all terms and provisions of the pre-
409A SERP shall remain in effect); and
b.        the Company can, but need not, terminate the SERP at any time after December 
31, 2011 for any reason or no reason, and can upon such termination distribute the 
unpaid accrued benefits of participants in accordance with the terms of the pre-
409A SERP.  In the absence of a Sale, the Company will not terminate the pre-
409A SERP prior to January 1, 2012.
5.        Impact of Other Transactions.  The Active Participants agree and acknowledge that 
Section 6.1 of the pre-409A SERP has no further application to any person and that the 
remainder of Article VI (regarding benefits payable upon a Change in Control) of the pre-
409A SERP will only apply to them if they are employed by the Company at the time of 
the relevant Change in Control transaction.  If benefits become payable to an Active 
Participant under Article VI of the pre-409A SERP before the occurrence of a Sale, 
Sections 2 and 3 of this Agreement will not apply to that Active Participant.
6.        Effect on Rabbi Trust.  The parties agree that no additional rabbi trust funding will be 
required solely in anticipation of the Sale.  Provided that the Company has not breached 
its obligations as set forth in this Agreement, the Active Participants agree not to assert 
that any steps taken in anticipation or contemplation of the Sale gives rise to a "Potential 
Change in Control" under the terms of the rabbi trust maintained in connection with the 
pre-409A SERP, and that they will not make any communication to the trustee of that 
rabbi trust in connection with, or in anticipation of, the Sale except as specifically 
authorized and directed by the Board of Directors of the Company (the "Board").
7.        Section 409A.  The parties intend and believe that payments under Sections 2 and 3 of 
this Agreement will be exempt from Section 409A of the Internal Revenue Code of 1986, 
as amended (the "Code").  Specifically, (a) the amounts described in Section 2(b)(i) will 
be exempt as payments under a grandfathered plan, and (b) the amounts described in 
Sections 2(b)(ii) will be exempt as short term deferrals payable only following the lapse 
of a substantial risk of forfeiture.  Nonetheless, if despite the parties' intent, an amount 
payable under Section 2 or 3 of this Agreement is determined to be subject to additional 
federal income taxes, including interest and penalties, under Section 409A of the Code, 
the Company shall indemnify the participant for all such additional taxes on that amount, 
including interest and penalties, within 10 days of such determination.  For purposes of 
this indemnification, an amount will be determined to be subject to additional federal 
income taxes, including interest and penalties, under Section 409A of the Code upon the 
earlier of (x) a final determination by the Internal Revenue Service addressed to the 
participant or his beneficiary which is not appealed to the courts, or (y) a final 
determination by the United States Tax Court or any other federal court affirming any 
such determination by the Internal Revenue Service.
8.        Mr. Papada's Retirement.
a.        Mr. Papada agrees that he will voluntarily retire from employment by the 
Company, as an officer of the Company, as a member of the Board and as an 
employee, officer or director of any affiliate of the Company on the earliest to 
occur of: (x) 30 days after the Board provides written notice to Mr. Papada of its 
hiring of a new Chief Executive Officer ("CEO")(provided that written notice for 
this purpose will include the issuance of a press release announcing the Board's 
hiring of such new CEO), (y) March 31, 2010, or (z) such date between (and 
inclusive of) December 31, 2009 and March 31, 2010 as requested by the Board 
with 30 days advance written notice.  Mr. Papada agrees and acknowledges that, 
upon such retirement, the Company and its affiliates will then have no further 
obligations to him other than the following:
i.        base salary and, subject to the terms of the applicable plans, employee 
benefits through the later of the date of retirement or December 31, 2009, 
with such continued salary payable at the Company's ordinary payroll 
interval;
ii.        reimbursement in accordance with Company policy for any previously 
unreimbursed business expenses incurred prior to his retirement;
iii.        any bonus due to him under the Company's Short Term Incentive Plan 
with respect to the 2009 calendar year (which bonus is guaranteed to be 
not less than $267,000 and will be paid no later than December 31, 2009), 
to the extent not previously paid;
iv.        accelerated vesting of the 17,800 restricted shares now held by him, if 
those shares have not otherwise vested by the date of his retirement;
v.        continuation of coverage under the Company's group health insurance 
plan until his death at a monthly cost to Mr. Papada equal to the actual 
cost of such coverage;
vi.        vested benefits under the company's qualified and non-qualified 
retirement plans, payable in accordance with the terms of those plans (and, 
in the case of his benefits under the pre-409A SERP, in accordance with 
the terms of this Agreement);
vii.        his rights under this Agreement;
viii.        title to the automobile currently leased for him by the Company, which 
title will be delivered to him within 30 days following his retirement (but 
no later than March 15, 2010)(prior to the delivery of such title, Mr. 
Papada will continue to have use of the automobile at the expense of the 
Company);
ix.        to the extent not previously granted, a grant of 15,000 fully vested shares 
in respect of his final annual equity incentive award, plus an amount in 
cash sufficient to satisfy all tax obligations arising from that grant and the 
payment of that cash amount (which amount will be determined in a 
manner consistent with Section 5(b) of the form of Amended and Restated 
Restricted Stock Plan II attached to the Proxy Statement for the 
Company's May 15, 2008 Annual Shareholders Meeting (the "RSP II")).  
Such shares and cash will be awarded to Mr. Papada immediately prior to 
his retirement, but no later than December 31, 2009; and
x.        a grant of up to 12,000 additional fully vested shares (with the actual 
number of shares granted, if any, to be determined by the Board in its 
absolute discretion) in respect of his final long term equity incentive 
award, plus an amount in cash sufficient to satisfy all tax obligations 
arising from that grant and the payment of that cash amount (which 
amount will be determined in a manner consistent with Section 5(b) of the 
RSP II).  Such shares and cash, if any, will be awarded to Mr. Papada 
immediately prior to his retirement, but no later than December 31, 2009.
Mr. Papada agrees further that he will, within 30 days following his retirement, 
execute and deliver (and will not revoke) a valid general release of claims in form 
and content reasonably acceptable to him and the Company pursuant to which he 
will release the Company and its affiliates from all claims relating to his 
employment or otherwise (except the Company's continuing obligations 
hereunder and the Company's indemnification obligations under Section 4(v)(a) 
of that certain letter agreement between Mr. Papada and the Company dated 
April 25, 2007, as amended on February 15, 2008 (the "Letter Agreement")).  Mr. 
Papada agrees that if he breaches his obligations under the preceding sentence, in 
addition to any other relief to which the Company may then be entitled, the 
Company will have no further obligations to him under this Agreement (provided 
that this sentence will not interfere with Mr. Papada's right to receive his vested 
normal retirement benefits under the Company's qualified and non-qualified plans 
that are payable in the ordinary course).
      
b.        Except as otherwise herein provided, until the minute immediately preceding his 
retirement in accordance with Section 8(a), above, the Letter Agreement will 
remain in effect.  Mr. Papada agrees that neither this Agreement, the Company's 
search for a new CEO, nor the Company's selection or hiring of a new CEO will 
constitute "Good Reason" as that term is defined in the Letter Agreement.  Upon 
and following his retirement, Sections 4(v)(a), 8, 9, 10, 12, 13C and 13D of the 
Letter Agreement will remain in effect; the remainder of the Letter Agreement 
will terminate upon such retirement.
c.        Reimbursements or in-kind benefits provided hereunder will be subject to the 
requirements of Treas. Reg. 1.409A-3(i)(1)(iv)(A)(3), (4) and (5).
d.        The foregoing notwithstanding, if after the date hereof and prior to Mr. Papada's 
retirement in accordance with Section 8(a), above, the Company experiences a 
Control Event (as defined below), this Section 8 will be null and void and the 
Letter Agreement will continue in effect in accordance with its terms.  For this 
purpose, a "Control Event" means the completion of a "change in control event" 
described in Treas. Reg. SS 1.409A-3(i)(5)(v), (vi) or (vii).
9.        Acknowledgements of Mr. Papada.  For avoidance of doubt, Mr. Papada acknowledges 
and agrees that (i) the terms of the pre-409A SERP and this Agreement are the complete 
and exclusive expression of his rights with respect to any SERP benefit and the 
provisions of the Letter Agreement relating to SERP rights have been superseded, (ii) this 
Agreement, the pre-409A SERP and the Letter Agreement are the complete and exclusive 
expression of his rights to compensation and benefits from the Company upon a change 
in control (however defined) or upon a retirement or other termination of employment 
and there are no other agreements, whether or not written, regarding such matters.
10.        Retirement of Ms. Greco.  Ms. Greco will retire contemporaneously with Mr. Papada.  
Provided that Ms. Greco remains continuously employed through the date of Mr. 
Papada's retirement (as described above in Section 8(a)), at that time (i) all the restricted 
shares she then holds will vest, and (ii) she will be entitled to continuation of group 
health coverage on the same basis as described above in Section 8(a)(v).
11.        Miscellaneous.
a.        Entire Agreement; Amendment.  This Agreement represents the entire agreement 
between the parties hereto relating to the subject matter hereof, and supersedes all 
prior and contemporaneous discussions, agreements and understanding of every 
nature related thereto.  This Agreement may not be modified except by an 
agreement in writing signed by each of the parties affected by the modification.
b.        Agreement Binding on Successors and Heirs.  This Agreement will be binding on, 
and inure to the benefit of, the respective successors, executors, administrators 
and heirs of the parties hereto.  No right to payment in accordance with this 
Agreement may be pledged, assigned or otherwise transferred.
c.        Governing Law.  This Agreement will be governed by, and enforced in 
accordance with, the laws of the Commonwealth of Pennsylvania, without regard 
to the application of the principles of conflicts of laws.
d.        Headings Descriptive.  The headings of sections and paragraphs of this 
Agreement are inserted for convenience only and shall not in any way affect the 
meaning or construction of any provision of this Agreement.
e.        Interpretation.  This Agreement was drafted collaboratively.  Accordingly, in 
construing this Agreement, no presumption against the drafter will be applied 
against any party.
f.        Voluntary Nature of Agreement.  Each Active Participant acknowledges that he or 
she is entering into this Agreement voluntarily, after having had a reasonable 
opportunity to review this Agreement with his or her attorney.
      
[signature page follows]
      
      
IN WITNESS WHEREOF, the Company has caused this Agreement to be executed by 
its duly authorized representative, and each Active Participant has executed this Agreement, on 
the date indicated below, respectively.
      
TECHNITROL, INC. 
By: /s/ James M. Papada III
Title: CEO
Date: 9/24/09
GRACE GRECO 
/s/ Grace Greco
Date: 9/23/09
MICHAEL J. McGRATH 
/s/ Michael J. McGrath
Date: 9/24/09
DREW A. MOYER 
/s/ Drew A. Moyer
Date: 9/22/09 
JAMES M. PAPADA III 
/s/ James M. Papada III
Date: 9/24/09
DAVID J. STAKUN 
/s/ David J. Stakun
Date: 9/22/09

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