Kite Realty Group Trust (KRG) 10-Q 2013 Q2 Quarterly report

Exhibit 10.4

KITE REALTY GROUP TRUST

Schedule of Non-Employee Trustee Fees and Other Compensation

Annual Retainer	$42,500
Committee Chair Annual Retainer	Audit Committee: $15,000 Compensation Committee: $12,500 Nominating and Corporate Governance Committee: $7,500
Committee Member Annual Retainer	Audit Committee: $5,000 Compensation Committee: $5,000 Nominating and Corporate Governance Committee: $5,000
Lead Trustee Annual Retainer	$15,000
Annual Restricted Share Awards	Upon initial election, each trustee receives 3,000 restricted shares that vest 1 year from date of grant. On an annual basis each year after their initial election, each trustee will receive restricted shares with a value of $42,500 that vest 1 year from the date of grant.

Effective: July 2013