Description of Compensation of Executive Officers

The Compensation Committee of the Board of Trustees, in action taken over the course of several meetings in fiscal year 2009 and the first quarter of fiscal year 2010, revised the Company’s incentive bonus program for executive officers to provide for a potential total bonus pool of $750,000.  The bonus pool is to be divided, proportionately to the individual’s base salary, among Company officers specified by the Committee; the officers eligible to receive a bonus for fiscal year 2009 are the executive officers (those identified as “named executive officers” in the Company’s proxy statement for its 2009 Annual Meeting of Shareholders) and two additional members of the Company’s senior management team.  The Committee determined that half of the bonus pool amount would be awarded on the basis of Funds From Operations (FFO) per share/unit reported at fiscal year end, and half would be awarded at the discretion of the Committee.  The Committee further determined that, of the bonus amount awarded, half would be paid in c