SEC Contract Filing

Filing Date: 2016-02-26

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>5
<FILENAME>bdn-ex104_30.htm
<DESCRIPTION>EX-10.4
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
<head>
<title>
bdn-ex104_30.htm
</title>
</head>
<!-- NG Converter v4.0.3.7 -->
<body>

<p style="text-align:right;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><a name="Verdatum"></a>Exhibit 10.4</p>
<p style="margin-bottom:0pt;margin-top:12pt;text-align:center;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Brandywine Realty Trust</p>
<p style="margin-bottom:0pt;text-align:center;margin-top:0pt;text-indent:0%;font-weight:bold;font-size:12pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Restricted Share Rights Award</font></p>
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:15.38%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">This is a Restricted Share Rights Award dated as of February 22, 2016 (&#8220;<font style="text-decoration:underline;">Date of Grant</font>&#8221;) from Brandywine Realty Trust, a Maryland real estate investment trust (the &#8220;<font style="text-decoration:underline;">Company</font>&#8221;) to ____________________ (&#8220;<font style="text-decoration:underline;">Grantee</font>&#8221;).&nbsp;&nbsp;Terms used herein as defined terms and not defined herein have the meanings assigned to them in the Brandywine Realty Trust Amended and Restated 1997 Long-Term Incentive Plan, as amended from time to time (the &#8220;<font style="text-decoration:underline;">Plan</font>&#8221;).</p>
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:15.38%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">1. <font style="text-decoration:underline;">Definitions</font>.&nbsp;&nbsp;As used herein:</p>
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:23.08%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(a) &#8220;<font style="text-decoration:underline;">Award</font>&#8221; means the award hereby granted of the right to receive Restricted Shares, which Restricted Shares constitute &#8220;Performance Shares&#8221; under the Plan.</p>
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:23.08%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(b) &#8220;<font style="text-decoration:underline;">Board</font>&#8221; means the Board of Trustees of the Company, as constituted from time to time.</p>
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:23.08%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(c) &#8220;<font style="text-decoration:underline;">Cause</font>&#8221; means &#8220;Cause&#8221; as defined in the Plan.</p>
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:23.08%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(d) &#8220;<font style="text-decoration:underline;">Change of Control</font>&#8221; means a &#8220;Change of Control&#8221; as defined in the Plan.</p>
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:23.08%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(e) &#8220;<font style="text-decoration:underline;">Code</font>&#8221; means the Internal Revenue Code of 1986, as amended from time to time, and any successor thereto.</p>
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:23.08%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(f) &#8220;<font style="text-decoration:underline;">Committee</font>&#8221; means the Committee appointed by the Board in accordance with Section 2 of the Plan, if one is appointed and in existence at the time of reference.&nbsp;&nbsp;If no Committee has been appointed pursuant to Section 2, or if such a Committee is not in existence at the time of reference, &#8220;Committee&#8221; means the Board.</p>
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:23.08%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(g) &#8220;<font style="text-decoration:underline;">Date of Grant</font>&#8221; has the meaning shown above.</p>
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:23.08%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(h) &#8220;<font style="text-decoration:underline;">Deferred Compensation Plan</font>&#8221; means the Brandywine Realty Trust Executive Deferred Compensation Plan, as in effect from time to time.</p>
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:23.08%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(i) &#8220;<font style="text-decoration:underline;">Disability</font>&#8221; means &#8220;Disability&#8221; as defined in the Plan.</p>
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:23.08%;font-size:12pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">(j) &#8220;<font style="text-decoration:underline;">Employer</font>&#8221; means the Company or the Subsidiary for which Grantee is performing services on the applicable Vesting Date.</p>
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:23.08%;font-size: