Document:

Exhibit 10.1

 

AGREEMENT

 

THIS
AGREEMENT (this
“Agreement”) is made as of this 12th day of September, 2005,
between Heritage Property Investment Trust, Inc., a corporation organized
under the State of Maryland and having its principal place of business at 131
Dartmouth Street, Boston, Massachusetts 02116 (the “Company”), and Bruce
Anderson of Newton, Massachusetts (the “Executive”).

 

RECITALS

 

WHEREAS, the Company and Executive have
previously entered into a Severance Agreement, dated as of February 2,
2004 (the “Severance  Agreement”), pursuant to which the Company
has agreed to provide Executive certain severance benefits in the event his
employment with the Company is terminated, including subsequent to a “Change of
Control” of the Company, as set forth in the Severance Agreement; and

 

WHEREAS, the Company wishes to amend the
Severance Agreement as described herein;

 

NOW,
THEREFORE, in
consideration of the mutual premises set forth below and for other good and
valuable consideration, the parties hereto agree as follows:

 

1.             Amendment to Section 5 of Severance Agreement

 

Section 5 of the
Severance Agreement is hereby amended by deleting such section in its
entirety and inserting the following new Section 5 in place thereof:

 

“5.           SEVERANCE/COVERED TERMINATION FOLLOWING CHANGE OF
CONTROL

 

In the event that a
Covered Termination occurs during the term of this Agreement, including during
a period of two (2) years following the consummation of a Change of
Control, the Executive shall be entitled to receive, and the Company shall pay
the Executive as severance an amount determined by multiplying two (2) times
the sum of:

 

(a)           the Executive’s Annual Base Salary as in
effect immediately prior to the Date of Termination; and

 

(b)           the Executive’s Bonus Amount as of the Date
of Termination.”

 

2.             Except
as herein provided, all of the terms and provisions of the Employment Agreement
shall remain unmodified and in full force and effect.

 

[Signature Page Follows]

 

 

IN WITNESS
WHEREOF, and
intending to be legally bound hereby, the parties hereto have caused this
Agreement to be duly executed under seal as of the date first above written.

 

 

	
  HERITAGE PROPERTY

  INVESTMENT TRUST, INC.

  	
  EXECUTIVE

  
	
   

  	
   

  
	
   

  	
   

  
	
  /s/Thomas C. Prendergast

  	
   

  	
  /s/Bruce Anderson

  	
   

  
	
  Title: 

  	
   President and CEO

  	
   

  	
   

  
						

 

2Exhibit 10.2

 

AGREEMENT

 

THIS
AGREEMENT (this
“Agreement”) is made as of this 12th day of September, 2005,
between Heritage Property Investment Trust, Inc., a corporation organized
under the State of Maryland and having its principal place of business at 131
Dartmouth Street, Boston, Massachusetts 02116 (the “Company”), and
Stephen Faberman of Needham, Massachusetts (the “Executive”).

 

RECITALS

 

WHEREAS, the Company and Executive have
previously entered into a Severance Agreement, dated as of February 13, 2004
(the “Severance  Agreement”), pursuant to which the Company has
agreed to provide Executive certain severance benefits in the event his
employment with the Company is terminated, including subsequent to a “Change of
Control” of the Company, as set forth in the Severance Agreement; and

 

WHEREAS, the Company wishes to amend the
Severance Agreement as described herein;

 

NOW,
THEREFORE, in
consideration of the mutual premises set forth below and for other good and
valuable consideration, the parties hereto agree as follows:

 

1.             Amendment to Section 5 of Severance Agreement

 

Section 5 of the
Severance Agreement is hereby amended by deleting such section in its
entirety and inserting the following new Section 5 in place thereof:

 

“5.           SEVERANCE/COVERED TERMINATION FOLLOWING CHANGE OF
CONTROL

 

In the event that a
Covered Termination occurs during the term of this Agreement, including during
a period of two (2) years following the consummation of a Change of
Control, the Executive shall be entitled to receive, and the Company shall pay
the Executive as severance an amount determined by multiplying two (2) times
the sum of:

 

(a)           the Executive’s Annual Base Salary as in
effect immediately prior to the Date of Termination; and

 

(b)           the Executive’s Bonus Amount as of the
Date of Termination.”

 

2.             Except
as herein provided, all of the terms and provisions of the Employment Agreement
shall remain unmodified and in full force and effect.

 

[Signature Page Follows]

 

 

IN WITNESS
WHEREOF, and
intending to be legally bound hereby, the parties hereto have caused this
Agreement to be duly executed under seal as of the date first above written.

 

 

	
  HERITAGE PROPERTY

  INVESTMENT TRUST, INC.

  	
  EXECUTIVE

  
	
   

  	
   

  
	
   

  	
   

  
	
  /s/Thomas C. Prendergast

  	
   

  	
  /s/Stephen Faberman

  	
   

  
	
  Title: 

  	
   President and CEO

  	
   

  	
   

  
						

 

2Exhibit 10.3

 

AGREEMENT

 

THIS
AGREEMENT (this
“Agreement”) is made as of this 12th day of September, 2005,
between Heritage Property Investment Trust, Inc., a corporation organized
under the State of Maryland and having its principal place of business at 131
Dartmouth Street, Boston, Massachusetts 02116 (the “Company”), and
Patrick O’Sullivan of Hanover, Massachusetts (the “Executive”).

 

RECITALS

 

WHEREAS, the Company and Executive have
previously entered into a Severance Agreement, dated as of February 13,
2004 (the “Severance  Agreement”), pursuant to which the Company
has agreed to provide Executive certain severance benefits in the event his
employment with the Company is terminated, including subsequent to a “Change of
Control” of the Company, as set forth in the Severance Agreement; and

 

WHEREAS, the Company wishes to amend the
Severance Agreement as described herein;

 

NOW,
THEREFORE, in
consideration of the mutual premises set forth below and for other good and
valuable consideration, the parties hereto agree as follows:

 

1.             Amendment to Section 5 of Severance Agreement

 

Section 5 of the
Severance Agreement is hereby amended by deleting such section in its
entirety and inserting the following new Section 5 in place thereof:

 

“5.           SEVERANCE/COVERED TERMINATION FOLLOWING CHANGE OF
CONTROL

 

In the event that a
Covered Termination occurs during the term of this Agreement, including during
a period of two (2) years following the consummation of a Change of
Control, the Executive shall be entitled to receive, and the Company shall pay
the Executive as severance an amount determined by multiplying two (2) times
the sum of:

 

(a)           the Executive’s Annual Base Salary as in
effect immediately prior to the Date of Termination; and

 

(b)           the Executive’s Bonus Amount as of the
Date of Termination.”

 

2.             Except
as herein provided, all of the terms and provisions of the Employment Agreement
shall remain unmodified and in full force and effect.

 

[Signature Page Follows]

 

 

IN WITNESS
WHEREOF, and
intending to be legally bound hereby, the parties hereto have caused this
Agreement to be duly executed under seal as of the date first above written.

 

 

	
  HERITAGE PROPERTY

  INVESTMENT TRUST, INC.

  	
  EXECUTIVE

  
	
   

  	
   

  
	
   

  	
   

  
	
  /s/Thomas C. Prendergast

  	
   

  	
  /s/Patrick O’Sullivan

  
	
  Title: 

  	
   President and CEO

  	
   

  	
   

  
					

 

2Exhibit 10.4

 

AGREEMENT

 

THIS
AGREEMENT (this
“Agreement”) is made as of this 12th day of September, 2005,
between Heritage Property Investment Trust, Inc., a corporation organized
under the State of Maryland and having its principal place of business at 131
Dartmouth Street, Boston, Massachusetts 02116 (the “Company”), and Barry
Rodenstein of Swampscott, Massachusetts (the “Executive”).

 

RECITALS

 

WHEREAS, the Company and Executive have
previously entered into a Severance Agreement, dated as of August 29, 2002
(the “Severance  Agreement”), pursuant to which the Company has
agreed to provide Executive certain severance benefits in the event his
employment with the Company is terminated, including subsequent to a “Change of
Control” of the Company, as set forth in the Severance Agreement; and

 

WHEREAS, the Company wishes to amend the
Severance Agreement as described herein;

 

NOW,
THEREFORE, in
consideration of the mutual premises set forth below and for other good and
valuable consideration, the parties hereto agree as follows:

 

1.             Amendment to Section 5 of Severance Agreement

 

Section 5 of the
Severance Agreement is hereby amended by deleting such section in its
entirety and inserting the following new Section 5 in place thereof:

 

“5.           SEVERANCE/COVERED TERMINATION FOLLOWING CHANGE OF
CONTROL

 

In the event that a
Covered Termination occurs during the term of this Agreement, including during
a period of two (2) years following the consummation of a Change of
Control, the Executive shall be entitled to receive, and the Company shall pay
the Executive as severance an amount determined by multiplying two (2) times
the sum of:

 

(a)           the Executive’s Annual Base Salary as in
effect immediately prior to the Date of Termination; and

 

(b)           the Executive’s Bonus Amount as of the
Date of Termination.”

 

2.             Except
as herein provided, all of the terms and provisions of the Employment Agreement
shall remain unmodified and in full force and effect.

 

[Signature Page Follows]

 

 

IN WITNESS
WHEREOF, and
intending to be legally bound hereby, the parties hereto have caused this
Agreement to be duly executed under seal as of the date first above written.

 

 

	
  HERITAGE PROPERTY

  INVESTMENT TRUST, INC.

  	
  EXECUTIVE

  
	
   

  	
   

  
	
   

  	
   

  
	
  /s/Thomas C. Prendergast

  	
   

  	
  /s/Barry Rodenstein

  
	
  Title: 

  	
   President and CEO

  	
   

  	
   

  
					

 

2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}]]