Amendment to Washington Real Estate Investment Trust Short-Term Incentive Plan (Effective January 1, 2014)

Contract Categories: Human Resources › Bonus & Incentive Agreements
Summary

This amendment updates the Washington Real Estate Investment Trust Short-Term Incentive Plan by changing the reference date for determining a trading day in Section 4.3(c). If January 1 is not a trading day, the relevant date will now be the first trading day after January 1, instead of the preceding trading day. The amendment is effective as of January 1, 2014, and is executed by the company’s Executive Vice President.

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EX-10.51 3 q22014stipamendment.htm EXHIBIT Q2 2014 STIP Amendment


Exhibit 10.51
AMENDMENT TO
WASHINGTON REAL ESTATE INVESTMENT TRUST
SHORT-TERM INCENTIVE PLAN
(Effective January 1, 2014)
The Washington Real Estate Investment Trust Short-Term Incentive Plan (the “Plan”) is hereby amended as follows:
The phrase “(or if such January 1 is not a trading day, the first trading day preceding such January 1)” in Section 4.3(c) of the Plan is hereby replaced with the following phrase: “(or if such January 1 is not a trading day, the first trading day after such January 1)”
This amendment shall be effective as of January 1, 2014.

 
WASHINGTON REAL ESTATE INVESTMENT TRUST
 
 
 
 
 
 
By:
 
/s/ Laura M. Franklin
 
 
 
 
 
 
 
Executive Vice President - Accounting and Administration
 
 
 
 
 
 
July 31, 2014