Document:

Exhibit 10.13

 

SECOND AMENDMENT

 

EQUITY RESIDENTIAL

ADVANTAGE RETIREMENT SAVINGS PLAN

 

WHEREAS, Equity Residential (the “Company”) maintains the
Equity Residential Advantage Retirement Savings Plan (the “Plan”), as last
amended and restated effective January 1, 2004, for the benefit of its
eligible employees;

 

WHEREAS, Section 8.01 of the Plan provides that
the Company may amend the Plan at any time; and

 

WHEREAS, the Company desires to amend the Plan to
comply with Section 401(a)(31)(B) of the Internal Revenue Code as
amended by the Economic Growth and Tax Relief Reconciliation Act of 2001 (“EGTRRA”);

 

WHEREAS, the Company desires to further amend the Plan
to increase matching contributions;

 

NOW, THEREFORE, the Company hereby amends the Plan as
follows effective as of the date listed for each item below:

 

1.                                       Effective
as of March 28, 2005, the first paragraph of Section 6.07(d) of
the Plan is amended to read as follows:

 

(d)                                 If
the distributable balance in a terminated Participant’s Account, or the portion
thereof payable to a Beneficiary does not exceed $5,000, the total remaining
balance shall be distributed to the Participant or Beneficiary in a single lump
sum as soon as administratively practicable following the Participant’s
Termination of Employment. Notwithstanding any contrary provision of the Plan,
in the event of a mandatory distribution to a Participant greater than $1,000
in accordance with the provisions of this Section 6.07(d), if the
Participant does not elect to have such distribution paid directly to an
eligible retirement plan specified by the Participant in a direct rollover or
to receive the distribution directly, then the Plan Administrator will pay the
distribution in a direct rollover to an individual retirement plan designated
by the Plan Administrator. Further, distribution to an alternate payee pursuant
to a QDRO may be made as soon as administratively practicable following
the alternate payee’s written request for the distribution in accordance with
the terms of the QDRO.

 

2.                                       Effective
as of March 28, 2005, Section 6.07(f) of the Plan is amended to
read as follows:

 

(f)                                    The
account balances of former employees of Cardinal Industries, Inc. that
were transferred to this Plan upon the merger of the Cardinal Plan and do not
exceed $5,000 shall be distributed to such for employees in a single lump sum
as soon as administratively feasible following the merger. To the extent the
Plan Administrator is unable to locate any such former employee, his account
balance shall be forfeited and reallocated, subject to restoration, as provided
in Section 6.11. Notwithstanding the

 

foregoing, effective March 28, 2005, any distributions made to
such former employees shall be made in accordance with Section 6.07(d) hereof.

 

3.                                       Effective
as of January 1, 2005, Section 4.04 of the Plan is amended to read as
follows:

 

4.04  Employer Matching Contributions

 

Each Employer
shall make Employer Matching Contributions on behalf of each of the
Participants who is eligible to participate in Employer Profit-Sharing Contributions
for the Plan Year (regardless of whether any Employer Profit-Sharing
Contributions are actually made by such Employer). In addition, each Employer
shall make an Employer Matching Contribution on behalf of each Participant who
transferred from such Employer to a company listed on Schedule A provided
that such Participant remained employed by such company as of his last
scheduled work day of the Plan Year, or terminated such employment because he
incurred a Retirement, died or had a Termination of Employment due to a
Permanent Disability during such Year. Each Employer shall contribute on behalf
of each such Participant an amount equal to the Participant’s Pre-Tax
Contributions made while the Participant was employed by such Employer to the
extent they do not exceed 3% of the Participant’s Compensation earned while the
Participant was employed by such Employer for the Plan Year. In addition to the
foregoing, each Employer shall make supplemental matching contributions with
respect to any Participant returning from Qualified Military Service based upon
the supplemental Pre-Tax Contributions the Participant elects to make pursuant
to Section 4.01(h), equal to the amount of Employer Matching Contributions
the Participant would have received had such Pre-Tax Contributions been made
during his period of Qualified Military Service. Notwithstanding the foregoing,
Employer Matching Contributions shall not be made to the Plan with respect to a
Participant to the extent that such contributions would cause the limitations
set forth in Section 4.08(d) hereof to be exceeded for such
Participant with respect to the year for which such contributions are made.

 

 

IN
WITNESS WHEREOF, the Company has caused this First Amendment
to be executed by its duly authorized officers on this 30 day of April 2005.

 

	
   

  	
  EQUITY
  RESIDENTIAL

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ Catherine Carraway

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Title: 

  	
  First VP, HR OperationsExhibit 10.19

 

FIFTH AMENDMENT
TO EQUITY RESIDENTIAL 2002 SHARE INCENTIVE PLAN

 

THIS FIFTH AMENDMENT (the “Fifth Amendment”)
to EQUITY RESIDENTIAL 2002 SHARE INCENTIVE PLAN (“Plan”) is executed as of the 1st
day of October, 2006.

 

RECITALS

 

WHEREAS, the Board of Trustees of Equity
Residential (the “Company”) adopted the Plan on February 21, 2002, which
was approved by the shareholders of the Company at the 2002 annual meeting.

 

WHEREAS, the Company entered into a First
Amendment to the Plan dated as of February 7, 2003, a Second Amendment to
the Plan dated as of June 10, 2003, a Third Amendment to the Plan dated as
of April 25, 2005 and a Fourth Amendment to the Plan dated as of February 1,
2006.

 

WHEREAS, the Company desires to further amend
the Plan pursuant to this Fifth Amendment to make a minor modification to
ensure compliance with current stock option accounting rules.

 

NOW THEREFORE, the Plan is further amended as
follows:

 

1.                                       AMENDMENTS.
The first sentence of Section 13 of the Plan is hereby amended by deleting
the word “may” in the seventh line thereof and replacing it with the word “shall”.

 

2.                                       PLAN
IN FULL FORCE AND EFFECT.  After
giving effect to this Fifth Amendment, the Plan remains in full force and
effect.

 

IN WITNESS WHEREOF, this Fifth Amendment has
been executed as of the date first written above.

 

 

	
   

  	
  EQUITY RESIDENTIAL

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Bruce C. Strohm

  	
   

  
	
   

  	
   

  	
  Bruce C. Strohm

  
	
   

  	
   

  	
  Executive Vice President and General
  CounselExhibit 10.20

 

SECOND AMENDMENT TO EQUITY RESIDENTIAL

1993 SHARE OPTION AND SHARE
AWARD PLAN

 

THIS SECOND AMENDMENT (the “Second Amendment”) to
EQUITY RESIDENTIAL 1993 SHARE OPTION AND SHARE AWARD PLAN is executed as of the
1st day of October, 2006.

 

RECITALS

 

WHEREAS, the Board of Trustees of Equity Residential
(the “Company”) adopted the 1993 Share Option and Share Award Plan on May 21,
1993.

 

WHEREAS, the Company amended and restated the 1993
Share Option and Share Award Plan effective as of February 21, 2002 (as
amended and restated, the “Plan”).

 

WHEREAS, the Company entered into a First Amendment
to the Plan dated as of June 10, 2003.

 

WHEREAS, the Company desires to further amend the
Plan pursuant to this Second Amendment to make a minor modification to ensure
compliance with current stock option accounting rules.

 

NOW THEREFORE, the Plan is further amended as
follows:

 

1.                                       AMENDMENTS. The first
sentence of Section 13 of the Plan is hereby amended by deleting the word “may”
in the seventh line thereof and replacing it with the word “shall”.

 

2.                                       PLAN IN FULL
FORCE AND EFFECT. After giving effect to this Second Amendment, the
Plan remains in full force and effect.

 

IN WITNESS WHEREOF, this Second Amendment has been
executed as of the date first written above.

 

 

	
   

  	
  EQUITY RESIDENTIAL

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Bruce C. Strohm

  	
   

  
	
   

  	
   

  	
  Bruce C. Strohm

  
	
   

  	
   

  	
  Executive Vice President and General CounselExhibit 10.24

 

EXECUTIVE RETIREMENT BENEFITS AGREEMENT

 

This
EXECUTIVE RETIREMENT BENEFITS AGREEMENT (“Agreement”) is entered into by and
between Equity Residential Properties Trust, a Maryland real estate investment
trust (“Trust”) and                       
(“Executive”).

 

WITNESSETH

 

WHEREAS,
in recognition of the contributions made to Trust by Executive during his or
her period of service as an executive officer of Trust; and

 

WHEREAS,
Trust and Executive desire to enter into this Agreement to provide for the
extension of health benefits and life insurance benefits to Executive upon
Executive’s retirement from Trust, and Executive is willing to enter into this
Agreement on the terms and conditions hereinafter set forth.

 

NOW,
THEREFORE, in consideration of the mutual promises and considerations contained
herein and for other good and valuable consideration, the payment and adequacy
of which is hereby acknowledged, the parties agree as follows:

 

1.                                       Term of Agreement. This Agreement
shall commence as of the date hereof and shall continue in effect until the
date Executive’s employment is terminated; provided, however if Executive’s
employment is terminated by reason of (i) Executive’s retirement from
Trust after reaching the age of 62 or older, or (ii) a Change in Control,
after Executive’s reaching age 62 or older, the term shall continue in effect
until all benefits have been made or provided to Executive hereunder.

 

2.                                       Definitions. For purposes of this
Agreement, the following terms shall have the meanings set forth below:

 

(a)                                  Change in Control. “Change in
Control” shall mean any of the events described in the Change in Control
Agreement, as may be amended from time to time, entered into by and
between Executive and Trust.

 

(b)                                 Health Benefits. “Health benefits”
shall mean the medical, dental and vision benefits provided (i) to
Executive, the Executive’s spouse, and eligible dependents immediately prior to
Executive’s retirement or (ii) to other similarly situated executives in
the employ of Trust.

 

 

(c)                                  Life Insurance Benefits. “Life
insurance benefits” shall mean the basic life and accidental death and
dismemberment benefits provided (i) to Executive immediately prior to
Executive’s retirement or (ii) to other similarly situated executives in
the employ of Trust.

 

3.                                       Continuation of Benefits. If,
during the term of this Agreement, after reaching the age of 62 or older (i) Executive
retires from Trust or (ii)  Executive’s employment with Trust’s affiliate
is terminated following a Change in Control, Executive shall be entitled to
continuation of health benefits and life insurance benefits commencing on the
day immediately following the date of Executive’s retirement or termination, as
the case may be, and continuing until the date of the death of Executive (the
“Continuation Period”); provided, however, during the Continuation Period
Executive and Trust will share responsibility for the payment of premiums
required to maintain health benefits at the same rate for the coverage elected
by Executive as would be payable by any regular active employee for the same
coverage, from time to time throughout the Continuation Period. The death of
Executive will be a COBRA qualifying event.

 

4.                                       Assignment. Trust may not
assign this Agreement, or any rights, duties or obligations hereunder, except
that Trust’s rights, duties, and obligations shall be binding obligations of
any successor of Trust. No interest of Executive (or Executive’s spouse or
eligible dependents) nor any right to receive any benefit hereunder shall be subject
to sale, transfer, assignment, pledge, attachment or garnishment or otherwise
be assigned or encumbered. No such interest or right shall be taken,
voluntarily or involuntarily, for the satisfaction of the obligations or debts,
of, or other claims against, Executive (or Executive’s spouse or eligible
dependents), including claims for alimony, Child support, separate maintenance
and claims in bankruptcy.

 

5.                                       Source of Payment. The rights
created under this Agreement are unfunded promises to provide benefits
described herein in the event of the termination of Executive’s employment
under the circumstances described in Paragraph 1. Trust or the successor of
Trust shall not segregate assets for purposes of payment for any benefits due
hereunder, nor shall any provision contained herein be interpreted to require
the Trust or the successor of Trust to segregate assets for purposes of
providing payment of any benefit hereunder. Neither Executive, Executive’s
spouse, or any eligible dependent shall have any interest in or right against
any specific assets of Trust or the successor of Trust, and any rights shall be
limited to those of a general unsecured creditor.

 

 

6.               Miscellaneous. 

 

(a)                                  Entire Agreement; Amendment. This
Agreement contains the entire Agreement and understanding between Trust and
Executive and supersedes all other agreements, written or oral, relating to the
subject matter contained herein. Any amendment or modification of the terms of
this Agreement must be in writing and signed by the Trust or the successor of
Trust and Executive to have any binding effect upon the parties.

 

(b)                                 Applicable Law. Except to the extent
preempted by federal law, this Agreement is governed by, and shall be construed
and interpreted in accordance with the substantive laws of the State of
Illinois, not including the choice of law provisions thereof.

 

(c)                                  No Employment Rights. Nothing
contained herein shall be construed to confer upon Executive any right to
continue in the employment of Trust’s affiliate, Equity Residential Properties
Management Corp. (“Equity”) or a successor of Trust or Equity, or to limit the
right of Trust, Equity or a successor of Trust or Equity to terminate Executive’s
employment at any time, with or without cause.

 

(d)                                 Notices. Notices under this
Agreement shall be in writing and sent by registered mail, return receipt
requested, to the following addresses or to such other address that may be
furnished in writing to the other party. If to Executive, notices shall be sent
to Executive’s address on file in Trust’s Human Resources Department. If to
Trust or the successor of Trust:

 

Two
North Riverside Plaza

Suite 400

Chicago, IL 60606

Attention:  General Counsel

 

Notices
sent as described above shall be deemed received three business days after
being so sent.

 

(e)                                  Severability. If any provision
contained herein shall be found invalid and unenforceable, the remaining
provisions of this Agreement shall remain in full force and effect.

 

 

(f)                                    Successors. This Agreement  shall be binding upon and inure to the
benefit of the parties hereto and their respective heirs, representatives, and
successors.

 

(g)                                 Headings. The headings and
subheadings contained in this Agreement are provided solely for convenience of
reference and shall not be construed or interpreted in any way as affecting the
meaning of any provision of this Agreement.

 

IN
WITNESS WHEREOF, Executive and Trust have executed this
Agreement effective this       day of          ,
200  .

 

 

	
   

  	
  EQUITY RESIDENTIAL PROPERTIES

  
	
   

  	
  TRUST

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  EXECUTIVE

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00118-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00118-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00118-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00118-of-00352.parquet"}]]