FIRST AMENDMENT TO
HC GOVERNMENT REALTY TRUST, INC.
2016 LONG TERM INCENTIVE PLAN
THIS FIRST AMENDMENT (this
“Amendment”) to the HC
Government Realty Trust, Inc. 2016 Long Term Incentive Plan (the
Plan”), is made by HC Government Realty Trust, Inc., a
Maryland corporation (the “Company”). All
capitalized terms used but not defined herein shall the meanings
prescribed in the Original LTIP Plan.
Company established the Original LTIP Plan by an original
instrument adopted by the Board of Directors (the
“Board”) of the Company on
October 20, 2016.
WHEREAS, the Original LTIP Plan currently provides
for an aggregate of 1,000,000 shares of the Company’s Common
Stock, which may include authorized, but unissued, shares, to
be reserved for issuance under the Original LTIP
WHEREAS, the Board
now wishes to amend the Original LTIP Plan to include certain
issuance restrictions on Awards.
immediately, the Original LTIP Plan is amended as
Section 4(b) of the
Original LTIP Plan is hereby amended and restated to read in its
entirety as follows:
Section 4(a) above, the Company shall not issue Awards representing
more than 10% of the total number of the outstanding shares of
Company Stock, calculated on a fully diluted
Other than as set
forth in this Amendment, the Original LTIP Plan remains unchanged
and unmodified and in full force and effect.
WITNESS WHEREOF, the Board has adopted this Amendment to the
Original LTIP Plan on this 10th day of November, 2017.
HC GOVENRMENT REALTY TRUST, INC.
Edwin M. Stanton
Chief Executive Officer