Item 8.01 Other Events.
Pursuant to Section 16.1 of the 1999 Long-Term Incentive Plan (as amended and
restated March 12, 2009) (the "Plan"), of UDR, Inc. (the "Company"), the
Compensation Committee of the Company's Board of Directors has amended the Plan
to delete in their entirety both Section 14.11 of the Plan governing
acceleration of awards upon certain events not constituting a change of control,
and Section 14.12 of the Plan governing acceleration of awards for any other
reason, as well as the reference to Section 14.11 set forth in Section 14.13 of
the Plan. These amendments to the Plan are effective May 1, 2009 and do not
require the approval of the stockholders of the Company. A copy of the Plan is
attached as Appendix A to the Company's definitive proxy statement filed with
the Securities and Exchange Commission on March 25, 2009 (Commission File No.
1-10524), and is incorporated herein by reference.
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