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Exhibit 10.9


FIRST AMENDMENT TO THE
RESTRICTED SHARE AWARD AGREEMENT
FOR BARRY LEFKOWITZ EFFECTIVE AS OF JULY 1, 1999

        This Amendment No. 1 is made, effective as of January 2, 2003 by and between Mack-Cali Realty Corporation, a Maryland corporation (the "Company") and Barry Lefkowitz (the "Recipient").

        Whereas, the Company and the Recipient entered into an Agreement Evidencing the Grant of a Restricted Share Award effective as of July 1, 1999 (the "Agreement"), pursuant to which the Company awarded 26,094 shares of the Company's common stock, par value $.01 per share ("Common Stock") to the Recipient pursuant to the Employee Stock Option Plan of Mack-Cali Realty Corporation which was originally effective August 31, 1994 and amended and restated as of December 1, 1998 (the "Plan"), and

        Whereas, pursuant to the terms of, and authority granted under, the Plan and the Agreement, the Company and Recipient wish to amend the Agreement as set forth herein;

        Now Therefore, the parties hereto hereby agree as follows:

        1.    Definitions.    

        Capitalized terms not otherwise defined herein shall have the meanings set forth in the Agreement.

        2.    Amendments to the Restricted Share Award Agreement.    

        (i)    Section 2(a) of the Agreement is hereby deleted in its entirety and replaced with the following:

        (ii)    Section 2(b) of the Agreement is hereby deleted in its entirety and replaced with the following:

Restricted Shares

  Vesting Date
3,914   January 1, 2000
3,914   January 1, 2001
5,218   January 1, 2002
Restricted Shares

  Vesting Date
6,523   January 2, 2003

Restricted Shares

  Vesting Date
979     January1, 2004
979     January 1, 2005
1,305     January 1, 2006
1,631     January 1, 2007
1,631     January 1, 2008"

        (iii)    Sections 2(d) and 2(e) of the Agreement shall be renumbered as Sections 2(f) and 2(g), respectively, and the following new sections 2(d) and 2(e) shall be inserted:

        3.    Miscellaneous.    Except as specifically amended above, the Agreement and all provisions thereof shall remain in full force and effect and are hereby ratified and confirmed. Additionally, upon the effectiveness of this Amendment, on and after the date hereof, each reference in the Agreement to "this Agreement", "hereunder", "hereof", "herein" or words of like import, and each reference to the Agreement in any document relating to the Agreement, shall mean and be a reference to the Agreement as amended hereby.

THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.

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        In Witness Whereof, the parties hereto have executed this Amendment effective as of the date first written above.

    Mack-Cali Realty Corporation

 

 

By:

/s/  
MITCHELL E. HERSH      
Name: Mitchell E. Hersh
Title: Chief Executive Officer

 

 

Recipient

 

 

/s/  
BARRY LEFKOWITZ      
Barry Lefkowitz

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FIRST AMENDMENT TO THE RESTRICTED SHARE AWARD AGREEMENT FOR BARRY LEFKOWITZ EFFECTIVE AS OF JULY 1, 1999