Exhibit 10.26
INDEPENDENCE REALTY TRUST, INC.
2016 LONG TERM INCENTIVE PLAN
RESTRICTED SHARE UNIT
GRANT AGREEMENT
To: [_______________]
You have been granted a Restricted Share Unit Award (the “Award”) pursuant to the Independence Realty Trust, Inc. 2016 Long Term Incentive Plan (the “Plan”). This Restricted Share Unit Grant Agreement (the “Grant Agreement”) sets forth the potential number of Restricted Share Units (each, a “Restricted Share Unit”) that may vest and be redeemed under this Award and its terms and conditions. The Award is contingent upon your acknowledgement and acceptance of the terms and conditions as set forth in this Grant Agreement and the Plan. Capitalized terms used and not defined in this Grant Agreement shall have the meanings set forth in the Plan.
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This Grant Agreement and the Award granted hereunder are granted under and governed by the terms and conditions of the Plan, the provisions of which are incorporated herein by reference. Additional provisions regarding your Award can be found in the Plan. Any inconsistency between this Grant Agreement and the Plan shall be resolved in favor of the Plan. You hereby acknowledge receipt of a copy of the Plan. The invalidity or unenforceability of any provisions of this Grant Agreement shall not affect the validity or enforceability of any other provision of this Grant Agreement, which shall remain in full force and effect. In the event that any provision of this Grant Agreement or any word, phrase, clause, sentence, or other portion hereof (or omission thereof) should be held to be unenforceable or invalid for any reason, such provision or portion thereof shall be modified or deleted in such a manner so as to make this Grant Agreement as so modified legal and enforceable to the fullest extent permitted under applicable law.
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BY SIGNING BELOW AND ACCEPTING THIS GRANT AGREEMENT AND THE AWARD GRANTED HEREUNDER, YOU AGREE TO ALL OF THE TERMS AND CONDITIONS DESCRIBED HEREIN AND IN THE PLAN. YOU ALSO ACKNOWLEDGE RECEIPT OF THE PLAN.
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Authorized Officer |
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