Document:

Form of 1999 BRE Stock Incentive Plan Certificate of Stock Option Agreement

 Exhibit 10.2 
 BRE PROPERTIES, INC. 
 1999 BRE STOCK
INCENTIVE PLAN 
 CERTIFICATE OF STOCK OPTION GRANT 
 This Certificate of Stock Option Grant (the “Certificate”) dated                     ,
evidences the grant of an option pursuant to the provisions of the Amended and Restated 1999 BRE Stock Incentive Plan (the “Plan”) to the individual whose name appears below (the “Optionee”), covering the specific number of
shares of Common Stock of BRE Properties, Inc., par value $.01 per share (“Shares”) set forth below, pursuant to the provisions of the Plan, the terms and conditions of the Stock Option Agreement attached hereto as Exhibit A and the
following terms and conditions: 
 1. Name of Optionee:
                     
 2. Number of
Shares subject to this option:         Shares 
 3. Exercise price per Share subject to this
option: $         
 4. Date of grant of this option:
                     
 5. Vesting:
The vesting schedule for the options is as follows: 
 Date                             Number of Shares 
  
  
 The Grantee
hereby acknowledges receipt of a copy of the Plan. All of the terms and conditions of the Plan and Stock Option Agreement are incorporated herein by reference. This Certificate, the Stock Option Agreement and the Plan constitute the entire agreement
of the parties with respect to the subject matter hereof, and supersede any prior written or oral agreements. 
  

					
	Accepted and Agreed:	 		 	BRE Properties, Inc.
			
	  
	 		 	  

	«Name»	 		 	 «Signature»
 «Title»

  

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 EXHIBIT A 
 BRE PROPERTIES, INC. 
 1999 BRE STOCK INCENTIVE PLAN

 STOCK OPTION AGREEMENT 
 (Employee) 
 THIS STOCK OPTION (“Option” or “Option
Agreement”) is granted by BRE Properties, Inc., a Maryland corporation (the “Company”), to the employee (“Optionee”) named on the Certificate of Stock Option Grant to which this document is attached as Exhibit A (the
“Certificate”) as of the Grant Date as indicated on the Certificate. 
 WITNESSETH: 
 WHEREAS, the Company has duly adopted the Amended and Restated 1999 BRE Stock Incentive Plan (the “Plan”), a copy of which (as
amended to date) has been provided to Optionee; 
 WHEREAS, Article II of the Plan authorizes the Compensation Committee of the
Board of Directors (the “Committee”) to grant Options (as defined in the Plan) to eligible employees of the Company; and 
 WHEREAS, the Committee has designated the Optionee to receive an Option under the Plan. 
 NOW, THEREFORE: 

1. Number of Shares Subject to Option and Option Price. The Company hereby grants to the Optionee a Stock Option to purchase from
the Company up to but not exceeding the specified number of shares of Common Stock, $.01 par value, of the Company (“Shares”) at a price (the “Option Price”) per Share as indicated on the Certificate, which Option may be
exercised upon the terms and conditions contained herein. This Option is intended to qualify as an “incentive stock option” within the meaning of Section 422 of the Internal Revenue Code. However, to the extent that the aggregate fair
market value (determined at the time of grant) of Shares with respect to which incentive stock options are exercisable for the first time by Optionee during any calendar year under all plans of the Company and its Affiliates exceeds $100,000, the
options or portions thereof which exceed such limit (according to the order in which they were granted) shall be treated as nonstatutory stock options. It should be understood that there is no assurance that this Option will, in fact, be treated as
an incentive stock option. 
 2. Option Period. 
 (a) Generally. Subject to the provisions of Sections 2(b) and 2(c) below, the Option Period shall commence on the
Grant Date and shall expire at the close of business on the last business day preceding the tenth anniversary date of the Grant Date. 
  

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 (b) Installment Exercise. Subject to the provisions of
Section 2(c) below, the Optionee shall become entitled to purchase the number of Shares covered by the grant of this Option only to the extent that the number of shares being purchased pursuant to this Option (plus all shares previously
purchased pursuant to this Option) have become fully vested as of the date of such exercise as indicated on the Certificate. 
 (c) Exercisability on Termination. Notwithstanding the foregoing, the Option shall be exercisable upon termination (up to the amount of fully vested shares not previously purchased as of the date
of such termination, unless specifically provided otherwise) of Optionee’s employment as follows: 
 (i)
Termination of Employment of Optionee. Except as provided in subsections (ii), (iii), (iv) and (v) of this Section 2(c), this Option shall not be exercisable more than three months after the date of the Optionee’s
termination and not after the end of the Option period. 
 (ii) Retirement of Optionee at or After Normal
Retirement Age. Upon retirement or after the Company’s normal retirement age, the Optionee shall become immediately entitled to purchase all Shares covered by the Option without regard to whether the Option was fully exercisable at the
retirement date under the terms of this Option Agreement; and the Optionee may purchase any or all of the Shares he or she is entitled to purchase at any time or times up to and including the first to occur of the following dates: 
 (A) the end of the Option term as provided in Section 2(a) above; and 
 (B) three years after the date of retirement. 
 (iii) Termination on Leave of Absence or Extraordinary Circumstances. Upon termination of the Optionee’s
employment with the Company by reason of (A) leave of absence treated as termination of employment pursuant to the Plan in the Committee’s discretion or (B) extraordinary circumstances, as determined in the sole discretion of the
Committee, then the Optionee may exercise the Option to the extent the Option was exercisable on the date of termination of employment at any time or times up to and including the first to occur of the following dates: 
 (A) the end of the Option term as provided in Section 2(a) above; and 
  

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 (B) three months after the date of the Optionee’s termination.

 (iv) Disability or Death of Optionee. If the Optionee is entitled to exercise this Option, and

 (A) terminates employment with the Company by reason of (1) permanent disability, as determined by the
Committee, or (2) death, or 
 (B) is permanently disabled or dies within three months after termination of
employment with the Company, 
 then the Optionee, the Optionee’s estate, and/or a person who acquires the right to exercise
the Option by bequest or inheritance, may 
 (A) exercise this Option to the extent of the number of Shares
which could have been purchased by the Optionee on the date of termination; or 
 (B) within the sole discretion
of the Committee, become immediately entitled to purchase all Shares covered by this Option without regard to whether this Option was fully exercisable at the date of termination under the terms of this Option Agreement, 
 at any time or times up to and including the first to occur of the following dates: 
 (A) the end of the Option term as provided in Section 2(a) above; and 
 (B) twelve months following the date of the Optionee’s disability or death (however, exercise more than three months
after termination of employment would disqualify incentive stock option treatment, except in the case of death of the Optionee). 
 (v) Change of Control. Upon the occurrence of a “change of control” of the Company (as such term is defined in the Plan), within the sole discretion of the Committee, Optionee may become
immediately entitled to purchase all Shares covered by this Option without regard to whether the Option was fully exercisable at the time of occurrence of the change in control. 
  

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 3. Stock Appreciation Rights. Optionee or other person entitled to exercise this
Option is further hereby granted the right (“SAR”), in lieu of exercising this Option or any portion thereof, to receive an amount equal to the excess of the Fair Market Value (as such term is defined in the Plan), of one Share at the time
of exercise over the Option Price per Share multiplied by the number of Shares subject to the related SAR being exercised. The amount payable upon exercise of the SAR may be settled by payment in cash or in Shares valued on the basis of their Fair
Market Value on the date the SAR is exercised, or in a combination of cash and such Shares so valued. The Company shall have sole discretion to determine the form of settlement of such SARs, although the Optionee or other person exercising it may,
in connection the exercise thereof, indicate his or her preferences subject to the consent of disapproval of the Company. Notwithstanding the foregoing, no SAR may be exercised in whole or in part (i) other than in connection with the
contemporaneous surrender without exercise of this Option or the portion thereof that corresponds to the portion of the SAR being exercised, (ii) except to the extent that this Option or such portion thereof is exercisable on the date of the
exercise of the SAR by the person exercising the SAR, or (iii) at any time that the Fair Market Value of the Share is less than the Option Price. 
 4. Exercise of the Option. This Option shall be exercised by delivery to 
 BRE Properties, Inc. 
 525 Market Street, 4th Floor 
 San Francisco, CA 94105 
 Attn: Finance 
 of a Cash Letter of Authorization, available from the Smith Barney Stockplan website (which may be delivered through such website) or directly from Finance,
which is a written notice specifying the number of Shares which the Optionee (or Optionee’s guardian or legal representative) then desires to purchase and the number of SARs the Optionee is exercising, accompanied by full payment of the
aggregate Option Price for such Shares as provided in Section 5, below. As soon as practicable after receipt of such notice and payment, the Company shall deliver to the Optionee a certificate or certificates evidencing the Shares issued on
exercise of the Option. 
 5. Manner of Paying Option Price. On exercise of that Option, the Option Price shall be paid
as follows: (a) in cash, (b) in already-owned Shares in a form acceptable to the Committee, (c) by such cashless exercise methods, if any, as may be permitted by the Committee and by applicable law (including, without limitation,
Regulation T as promulgated by the Federal Reserve Board), or (d) by any combination of cash, such already-owned Shares or such cashless exercise methods having a combined value equal to the Option Price. Already-owned Shares, if originally
acquired by the Optionee from the Company, must have been owned by the Optionee at the time of exercise for at least six months, and shall be valued at their Fair Market Value (as defined in the Plan) on the date of the exercise. 
  

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 6. Dilution and Other Adjustments. In the event of any change in the outstanding
Shares by reason of a share dividend or share split, recapitalization, merger, consolidation, exchange of shares or other similar change, then the Committee may appropriately adjust the number of Shares subject to the Option, the Option Price of the
Option, and any and all matters deemed appropriate by the Committee. 
 7. General Restriction. This Option is subject to
the requirement that, if at any time the Committee shall determine that (a) the listing, registration, or qualification of the Shares subject or related thereto upon any securities exchange or under any state or federal law, or (b) the
consent or approval of any government regulatory body, or (c) an agreement by the Optionee with respect to the disposition of Shares is necessary or desirable as a condition of the exercise of the Option, the Option may not be exercised in
whole or in part unless and until such listing, registration, qualification, consent, approval, or agreement shall have been effected or obtained free of any conditions not acceptable to the Committee. 
 8. Reorganization. If the Company merges or consolidates with another corporation and is not the surviving corporation, or if the
Company is liquidated or sells or otherwise disposes of substantially all its assets while this Option remains outstanding (each, a “Reorganization Event”), then either (a) after the effective date of the Reorganization Event,
Optionee shall be entitled, upon exercise of this Option, to receive, in lieu of Shares, the number and class or classes of shares of stock or other securities or property to which Optionee would have been entitled if, immediately prior to the
Reorganization Event, Optionee had been the holder of record of a number of Shares equal to the number of Shares as to which the Option may be exercised; or (b) the Committee may in its discretion waive any limitations set out in or imposed
pursuant to this Agreement so that the Option, from and after a date prior to the effective date of the Reorganization Event, specified by the Committee, shall be exercisable in full, and this Option may be canceled by the Committee in its
discretion, as of the effective date of the Reorganization Event. 
 9. Withholding Taxes. Whenever the Company proposes
to deliver Shares upon exercise of this Option (including the exercise of the SARs), the Company shall have the right to require the individual who is to receive the Shares to remit to the Company, prior to the delivery of any certificate or
certificates for such Shares, an amount sufficient to satisfy any federal, state and/or local withholding tax requirements (including employment taxes). Optionee may elect to pay such tax withholding through delivery or surrender to the Company of
Shares, valued at Fair Market Value, which Optionee owned prior to exercise or to which Optionee is otherwise entitled upon exercise of this Option; provided that, any such already-owned Shares delivered to pay withholding taxes, if originally
acquired by the Optionee from the Company, shall have been held at least six months. 
 10. Non-Assignability. The Option
granted hereby and any rights granted hereunder or pursuant to the Plan are not transferable, except by will or the laws of descent and distribution, and this Option is exercisable during the Optionee’s lifetime only by the Optionee or his or
her guardian or legal representative. 
  

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 11. No Right to Employment. Nothing herein shall confer upon the Optionee the right
to continue in the employment of the Company nor affect any right which the Company may have to terminate the employment of the Optionee. 
 12. No Rights as Shareholder. The Optionee shall have no rights as a shareholder with respect to Shares acquired hereunder unless and until the certificates for such Shares are delivered to him or
her. 
 13. Committee Interpretation Final. The Committee shall have the power, authority and sole discretion to
construe, interpret and administer the Plan and this Option Agreement. The Committee’s decisions construing, interpreting and administering the Plan and this Option Agreement shall be conclusive and binding on all parties. 
 14. Amendment of Plan and Option. The Board of Directors of the Company may, at any time and from time to time, modify, amend,
suspend or terminate the Plan in any respect. The Board may also modify or amend the terms and conditions of this Option, subject to the consent of the Optionee and consistent with the provisions of the Plan. 
 IN WITNESS WHEREOF this Option has been issued as of the Grant Date indicated on the Certificate. 
                             BRE PROPERTIES, INC. 
  

 6DriveTime Executive Long Term Incentive Plan

 Exhibit 10.2 
 DRIVETIME EXECUTIVE 
 LONG TERM INCENTIVE PLAN 

 (January 1, 2009) 
 INTRODUCTION 
 DriveTime Automotive Group, Inc. (the “Company”) adopted the DriveTime Executive
Long Term Incentive Plan (the “Plan”) in 2003. The purpose of the Plan is to: (1) encourage continued improvement in the Company’s performance; (2) attract and retain high quality Executives; (3) motivate successful
execution of business strategies; and (4) provide for Executive participation in the Company’s financial success. The Plan is effective as of January 1, 2004. 
 ELIGIBILITY 
 From 2003 to 2009, eligible executives have been the
Chief Executive Officer, the EVP/Chief Financial Officer, the now Chief Credit Officer and the General Counsel, and for 2007, 2008 and 2009 it includes the President of DT Acceptance Corporation. 
 CALCULATION OF BONUS 
 The amount of an Executive’s bonus under the Plan has been since inception and is currently 100% of the Executive’s annual BLM Bonus, however calculated (or any successor program replacing the BLM Bonus). 
 TIMING OF PAYMENT 
 Except as provided below, bonuses earned during a particular year will be paid in the January three years after the end of the original bonus year (“Payment Date”). For example, the Payment Date for the 2005 bonus under this Plan
is January, 2009. The Company will pay simple interest at the prime rate on the amount of the bonus to which each Executive is entitled under the Plan during the Vesting Period. For purposes of this Plan, the “Vesting Period” begins on
January 1st of the year after the bonus year and ends on December 31 before the January in which the bonus is paid. So, for example, the vesting period for the 2005 bonus begins on January 1, 2006 and ends on December 31, 2008.
The 2005 bonus is paid in January 2009. 
 Notwithstanding the above, an Executive or his beneficiary will be entitled to
receive an earlier payment of any bonus earned under the Plan, plus interest, during the 30-day period beginning on the date on which any of the following events occurs: 
  

	 	•	 	 The Executive’s death prior to the Payment Date while employed by the Company. 

  

	 	•	 	 The Executive’s becoming Disabled before the Payment Date while employed by the Company. For purposes of this Plan, the term
“Disabled” means the Executive’s inability to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a
continuous period of not less than 12 months. 

	 	•	 	 The closing of a transaction that results in a Change of Control. For purposes of this Plan, the term “Change in Control” means and
includes each of the following (which apply to both DriveTime Automotive Group, Inc. and/or DT Acceptance Corporation, individually or collectively, referred to in this definition as the “Company”): 

  

	 	•	 	 any consolidation or merger of the Company in which the Company is not the continuing or surviving entity, or pursuant to which the Company’s
stock would be converted into cash, securities or other property, other than a merger of the Company in which the holders of the Company’s stock as of the effective date of this Agreement hold a majority ownership of direct or beneficial
interest of common stock or interests of the surviving entity immediately after the merger; 

  

	 	•	 	 any sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of assets or earning power aggregating more
than 50% of the assets or earning power of the Company; 

  

	 	•	 	 any person (as such term is used in Section 13(d) and 14(d)(2) of the Securities Exchange Act of 1934, as amended (“Exchange Act”)),
other than any individual who owns Company stock as of the effective date of this Plan, becomes the beneficial owner (within the meaning of Rule 13d-3 under the Exchange Act) of more than 50% of the Company’s outstanding stock; or

  

	 	•	 	 during any two-year period, individuals who at the beginning of the period do not constitute a majority of the Board of Directors of the Company at
the end of such period, unless the election or the nomination for election by the Company’s shareholders of each new director was approved by a vote of at least two-thirds of the directors then still in office who were directors at the
beginning of the period. 

 RIGHT TO PAYMENT OF BONUS 
 Subject to the terms of the following paragraph (Forfeiture of Bonus), if an Executive becomes entitled to a bonus under the Plan, the Executive’s right to payment of a
bonus under the Plan shall not be affected by the Executive’s performance during any year after that year. 
 FORFEITURE OF BONUS

 Any Executive who terminates employment on or before the Payment Date, for any reason other than death or Disability
(e.g., voluntary separation, termination for performance or misconduct) will not be eligible to receive any portion of the bonus under this Plan. 
 ETHICS 
 The purpose of the Plan is to fairly reward performance
achievement. Any Executive who manipulates, or attempts to manipulate, the Plan for personal gain at the expense of the Company’s customers, other employees or Company objectives will be subject to appropriate disciplinary action. 

 

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 ACTION BY COMPANY 
 Any action to be taken by the Company under the terms of the Plan generally will be taken by the Chief Executive Officer. Any action with respect to the Chief Executive
Officer’s participation in the Plan will be taken by the Chairman. 
 PLAN CONSTRUCTION AND INTERPRETATION 
 The Chief Executive Officer or the Chairman, as the case may be, has the power and discretion to perform the duties assigned to the Company
under the Plan and any other duties required for proper administration of the Plan. Without limiting the generality of the foregoing, the Chief Executive Officer or the Chairman has the power and discretion to construe and interpret the Plan and to
decide all questions and disputes arising under the Plan. 
 SECTION 409A COMPLIANCE 
 The Company has concluded that Bonus payments to which Executives may be entitled pursuant to this Plan are subject to Section 409A of
the Internal Revenue Code of 1986, as amended (“Code”). Accordingly: 
  

	 	•	 	 The Company intends that the Bonus payments to be paid to Executives pursuant to this Plan will comply with the “short-term deferral”
exception to the requirements of Section 409A of the Code, as described in Treas. Reg. §§ 1.409A-1(b)(4). 

  

	 	•	 	 Prior to making any Bonus payments pursuant to this Plan, the Company will determine, on the basis of any regulations, rulings or other available
guidance and the advice of counsel, whether the short-term deferral exception or any other exception to the requirements of Section 409A is available. 

  

	 	•	 	 If the Company fails to make any Bonus payment either intentionally or unintentionally, within the time period specified in the Plan, but the
payment is made within the same calendar year, such bonus payment will be treated as made within the time period specified in the Plan pursuant to Treas. Reg. § 1.409A 3(d). In addition, if a Bonus payment is not made due to a dispute with
respect to such payment, the payment may be delayed in accordance with Treas. Reg. § 1.409A 3(g). 

  

	 	•	 	 Payment of any Bonus under this Plan may be delayed only in accordance with the regulations issued pursuant to Section 409A of the Code.

  

	 	•	 	 An Executive does not have any right to make any election regarding the time or the form of any Bonus payment to which the Executive may be entitled
pursuant to the terms of the Plan. 

  

	 	•	 	 This Plan shall be administered in compliance with Section 409A of the Code and shall be interpreted, to the extent possible, to comply with
Section 409A of the Code. 

  

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 AMENDMENT 
 The Company shall have the right at any time to adjust, amend or suspend this Plan, in whole or in part, prospectively or retroactively, including but not limited to the right to terminate the Plan and
any further obligations to make payments under the Plan. Provided, however, that this right to terminate the Plan is not intended to be used as a means to avoid payment of the bonus under this Plan for any of the reasons bullet pointed in the second
paragraph under “Timing of Payment” above. Nevertheless, the Plan shall not be adjusted, amended or suspended in a way that results in a violation of Section 409A of the Code or any other provision of applicable law. Any such
adjustment, amendment or suspension shall be null and void. 
  

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