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
Exhibit 10.13
PUBLIC STORAGE
2007 EQUITY AND PERFORMANCE-BASED INCENTIVE COMPENSATION PLAN, AS AMENDED
FORM OF NON-QUALIFIED STOCK OPTION AGREEMENT
THIS STOCK OPTION AGREEMENTWKH³2SWLRQ$JUHHPHQW´LVPDGHDVRIWKHBBBBGD\RI
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WHEREASWKH%RDUGRI7UXVWHHVRIWKH7UXVWWKH³%RDUG´KDVGXO\DGRSWHGDQGWKHVKDUHKROGHUVRIWKH
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WHEREASWKH7UXVWKDVGHWHUPLQHGWKDWLWLVGHVLUDEOHDQGLQLWVEHVWLQWHUHVWVWRJUDQWWRWKH2SWLRQHH
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NOWTHEREFORELQFRQVLGHUDWLRQRIWKHPXWXDOSURPLVHVDQGFRYHQDQWVFRQWDLQHGKHUHLQWKHSDUWLHV
KHUHWRGRKHUHE\DJUHHDVIROORZV
1. GRANT OF OPTION.
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2. PRICE.
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3. VESTING AND EXERCISE OF OPTION.
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3.1 Vesting and Time of Exercise of Option.
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3.2 Exercise by Optionee and Compliance with Trading Blackout Periods and Company Securities
Trading Policy.
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