Heritage Property Investment Trust, Inc. Schedule ofNon-Employee Director Compensation(1)

Annual Retainer

$30,000

Board/Committee Meeting Fees

$1,500 (per meeting attended)

Lead Director Retainer

$25,000

Committee Chair Retainer

Audit Committee: $10,000
Compensation Committee: $6,000
Nominating and Corporate Governance Committee: $4,000
Other Committees: $4,000

Annual Deferred Stock Unit Awards

Each director receives an annual grant of 1,000 deferred stock units (“DSUs”). The DSUs are not issued until the director ceases to be on the Board, at which time an equivalent number of shares of our common stock will be issued to the director, plus all accrued dividends.