<SEC-DOCUMENT>0001626129-17-000270.txt : 20170419
<SEC-HEADER>0001626129-17-000270.hdr.sgml : 20170419
<ACCEPTANCE-DATETIME>20170419071040
ACCESSION NUMBER:		0001626129-17-000270
CONFORMED SUBMISSION TYPE:	DEF 14A
PUBLIC DOCUMENT COUNT:		14
CONFORMED PERIOD OF REPORT:	20170523
FILED AS OF DATE:		20170419
DATE AS OF CHANGE:		20170419
EFFECTIVENESS DATE:		20170419

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MID AMERICA APARTMENT COMMUNITIES INC
		CENTRAL INDEX KEY:			0000912595
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				621543819
		STATE OF INCORPORATION:			TN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12762
		FILM NUMBER:		17768122

	BUSINESS ADDRESS:	
		STREET 1:		6584 POPLAR AVE
		STREET 2:		STE 340
		CITY:			MEMPHIS
		STATE:			TN
		ZIP:			38138
		BUSINESS PHONE:		9016826600

	MAIL ADDRESS:	
		STREET 1:		6584 POPLAR AVE
		STREET 2:		SUITE 340
		CITY:			MEMPHIS
		STATE:			TN
		ZIP:			38138
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEF 14A
<SEQUENCE>1
<FILENAME>maa-def14a_052317.htm
<DESCRIPTION>DEFINITIVE PROXY STATEMENT
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Arial, Helvetica, Sans-Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 4pt solid; border-bottom: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 14pt"><B>UNITED
STATES</B></FONT><BR>
<FONT STYLE="font-size: 14pt"><B>SECURITIES AND EXCHANGE COMMISSION</B></FONT><BR>
<FONT STYLE="font-size: 12pt"><B>Washington, D.C. 20549</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>SCHEDULE 14A</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">Proxy Statement Pursuant to Section&nbsp;14(a)
of the<BR>
Securities Exchange Act of 1934 (Amendment No._)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Filed by the Registrant &#9746;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Filed by a Party other than the Registrant &#9744;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Check the appropriate box:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD STYLE="width: 95%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Preliminary Proxy Statement</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Confidential, for Use of the Commission Only (as permitted by Rule&nbsp;14a-6(e)(2))</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9746;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Definitive Proxy Statement</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Definitive Additional Materials</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Soliciting Material Pursuant to &sect;240.14a-12</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 24pt"><B>MID-AMERICA
APARTMENT COMMUNITIES, INC.</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">(Name of Registrant as Specified In Its Charter)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">(Name of Person(s) Filing Proxy Statement,
if other than the Registrant)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Payment of Filing Fee (Check the appropriate box):</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9746;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">No fee required.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Fee computed on table below per Exchange Act Rules&nbsp;14a-6(i) (1) and 0-11.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 95%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(1)</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Title of each class of securities to which transaction applies:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(2)</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Aggregate number of securities to which transaction applies:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(3)</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule&nbsp;0-11 </FONT><BR>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(set forth the amount on which the filing fee is calculated and state how it was determined):</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(4)</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Proposed maximum aggregate value of transaction:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(5)</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total fee paid:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Fee paid previously with preliminary materials.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Check box if any part of the fee is
    offset as provided by Exchange Act Rule&nbsp;0-11(a)(2) and identify the filing for which the offsetting fee was paid
    previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its
    filing.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(1)</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Amount Previously Paid:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(2)</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Form, Schedule or Registration Statement No.:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(3)</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Filing Party:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(4)</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Date Filed:</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 4pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><IMG SRC="maadef14a001.jpg" ALT="(MAA LOGO)">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-transform: uppercase; text-align: center"><FONT STYLE="text-transform: none">MID-AMERICA
APARTMENT COMMUNITIES, INC.</FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-transform: uppercase; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right; text-indent: 5.5in">April 19, 2017</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 5.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">To our shareholders:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">You are invited to attend
the 2017 Annual Meeting of Shareholders of Mid-America Apartment Communities, Inc. to be held at 11:00 a.m., Central Daylight Time,
on Tuesday, May 23, 2017, at our corporate headquarters, 6584 Poplar Avenue, Memphis, Tennessee 38138. The Notice of Annual Meeting
of Shareholders and Proxy Statement, both of which accompany this letter, provide details regarding the business to be conducted
at the meeting, as well as other important information about us.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">During the meeting, management will review
our 2016 fiscal year and provide a report on our progress, including recent developments. Shareholders will also have the opportunity
to ask us questions.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Your vote is important. Whether you can
or cannot attend the 2017 Annual Meeting of Shareholders, I encourage you to vote. Please complete, sign and return your proxy
card or give your proxy authorization over the Internet or by telephone prior to the meeting so that your shares will be represented
and voted, regardless of whether or not you attend.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Along with the other members of the Board
of Directors and management, I look forward to greeting you at the meeting if you are able to attend.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Arial, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 51%">&nbsp;</TD>
    <TD STYLE="width: 49%">Cordially,</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt"><IMG SRC="maadef14a002.jpg" ALT="-s- H. Eric Bolton, Jr.">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>H. Eric Bolton, Jr. </TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD><I>Chairman of the Board of Directors and Chief Executive Officer</I></TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;&nbsp;</P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>MID-AMERICA APARTMENT COMMUNITIES, INC.</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">6584 Poplar Avenue</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">Memphis, Tennessee 38138</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; background-color: #404040; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: white"><FONT STYLE="font-size: 14pt"><B>NOTICE
        OF ANNUAL MEETING OF SHAREHOLDERS</B></FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: white"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: white"><FONT STYLE="font-size: 14pt"><B>TO
        BE HELD ON TUESDAY, MAY 23, 2017</B></FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: white"></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>TIME, DATE &amp; PLACE</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The 2017 Annual Meeting
of Shareholders, or the Annual Meeting, will be held at 11:00 a.m., Central Daylight Time, on Tuesday, May 23, 2017, at our corporate
headquarters, 6584 Poplar Avenue, Memphis, Tennessee 38138.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><FONT STYLE="font-variant: small-caps"><B>ITEMS
OF BUSINESS </B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Shareholders will consider and vote on the
following items at the Annual Meeting:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">1.</TD><TD STYLE="text-align: left">Election of the twelve directors named herein to serve for one year and until their successors have
been duly elected and qualified;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">2.</TD><TD>An advisory (non-binding) vote to approve the compensation of our named executive officers as disclosed in the accompanying
Proxy Statement;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">3.</TD><TD>An advisory (non-binding) vote to set the frequency of an advisory (non-binding) vote to approve the compensation of our named
executive officers;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">4.</TD><TD>Ratification of Ernst &amp; Young LLP as our independent registered public accounting firm for 2017; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">5.</TD><TD>Such other business as may properly come before the meeting or any adjournment thereof.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>OUR BOARD OF DIRECTORS RECOMMENDS THAT
YOU VOTE <I>FOR</I> ITEMS ONE, TWO AND FOUR, AND SELECT <I>1 YEAR</I> FOR ITEM THREE.</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><FONT STYLE="font-variant: small-caps"><B>WHO
MAY VOTE</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Shareholders of record at the close of business
on Friday, March 17, 2017, are entitled to receive this notice and vote at the Annual Meeting and any adjournments or postponements
of the Annual Meeting.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><B>Important Notice Regarding the Availability
of Proxy Materials for the Annual Meeting To Be Held on May 23, 2017. The Proxy Statement, Annual Report on Form 10-K and 2016
Annual Report to Shareholders are available at http://materials.proxyvote.com/59522J.</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><FONT STYLE="font-variant: small-caps"><B>HOW
TO VOTE</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Your vote is important.
Please refer to the Proxy Card and the accompanying Proxy Statement for information regarding your voting options. Even if you
plan to attend the Annual Meeting, please take advantage of one of the advance voting options to assure that your shares are represented
at the Annual Meeting. You may revoke your proxy at any time before it is voted by following the procedures described in the accompanying
Proxy Statement.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Arial, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%">By Order of the Board of Directors</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt">&nbsp;</TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 2pt"><IMG SRC="maadef14a003.jpg" ALT="-s- Leslie B.C. Wolfgang"></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>Leslie B.C. Wolfgang</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD><I>Senior Vice President, Chief Ethics and Compliance Officer, and Corporate Secretary</I></TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Memphis, Tennessee</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">April 19, 2017</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; border: Black 2pt double"><B>Whether or
not you plan to attend the Annual Meeting, please submit your proxy prior to the Annual Meeting by following the instructions
on the enclosed Proxy Card or voter instruction form. Shareholders who attend the Annual Meeting may vote even if they have already
sent in a proxy.</B></P>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="text-align: center">[This page intentionally left blank]</P>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR>
    <TD STYLE="width: 100%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 0.5pt; text-align: center; text-transform: uppercase; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 14pt; text-transform: none">TABLE
    OF CONTENTS</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0; text-align: center"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; width: 94%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa001">INFORMATION
    ABOUT THE MEETING</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 6%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>1</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa002">INFORMATION
    ABOUT VOTING</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>2</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa003">ADDITIONAL
    INFORMATION</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>6</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa004">INFORMATION
    ABOUT THE BOARD OF DIRECTORS AND ITS COMMITTEES</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>9</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa005">CERTAIN
    RELATIONSHIPS AND RELATED TRANSACTIONS</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>18</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa006">STOCK
    OWNERSHIP</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>19</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa007">EXECUTIVE
    OFFICERS</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>22</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa008">COMPENSATION
    DISCUSSION AND ANALYSIS</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>23</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><A HREF="#maadef14aa009"><FONT STYLE="font-size: 10pt">Executive
    Summary</FONT></A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">23</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><A HREF="#maadef14aa010"><FONT STYLE="font-size: 10pt">Say
    on Pay Results</FONT></A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">27</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><A HREF="#maadef14aa011"><FONT STYLE="font-size: 10pt">Pay
    for Performance Analysis</FONT></A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">27</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><A HREF="#maadef14aa012"><FONT STYLE="font-size: 10pt">Summary
    of Executive Compensation Practices</FONT></A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">34</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><A HREF="#maadef14aa013"><FONT STYLE="font-size: 10pt">What
    We Pay and Why: Elements of Compensation</FONT></A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">36</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><A HREF="#maadef14aa014"><FONT STYLE="font-size: 10pt">How
    We Make Compensation Decisions</FONT></A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">47</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><A HREF="#maadef14aa015"><FONT STYLE="font-size: 10pt">Conclusion</FONT></A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">53</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa016">COMPENSATION
    COMMITTEE REPORT</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>53</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa017">EXECUTIVE
    COMPENSATION</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>54</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><A HREF="#maadef14aa018"><FONT STYLE="font-size: 10pt">Summary
    Compensation Table</FONT></A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">54</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><A HREF="#maadef14aa019"><FONT STYLE="font-size: 10pt">Grants
    of Plan Based Awards</FONT></A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">56</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><A HREF="#maadef14aa020"><FONT STYLE="font-size: 10pt">Outstanding
    Equity Awards at Fiscal Year End</FONT></A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">57</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><A HREF="#maadef14aa021"><FONT STYLE="font-size: 10pt">Option
    Exercise and Stock Vested</FONT></A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">61</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><A HREF="#maadef14aa022"><FONT STYLE="font-size: 10pt">401(K)
    Savings Plan</FONT></A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">63</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><A HREF="#maadef14aa023"><FONT STYLE="font-size: 10pt">Non-Qualified
    Deferred Compensation</FONT></A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">65</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><A HREF="#maadef14aa024"><FONT STYLE="font-size: 10pt">Employment
    Agreements and Potential Payments upon Termination or Change in Control </FONT></A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">67</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><A HREF="#maadef14aa025"><FONT STYLE="font-size: 10pt">Compensation
    Risks</FONT></A></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">69</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa026">COMPENSATION
    COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>70</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa027">DIRECTOR
    COMPENSATION TABLE</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>70</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa028">AUDIT
    COMMITTEE REPORT</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>73</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa029">AUDIT
    AND NON-AUDIT FEES</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>74</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa030">PROPOSAL
    NO. 1 ELECTION OF DIRECTORS</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>75</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa031">PROPOSAL
    NO. 2 ADVISORY (NON-BINDING) VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS AS DISCLOSED IN THIS PROXY STATEMENT</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>83</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa032">PROPOSAL
    NO. 3 ADVISORY (NON-BINDING) VOTE ON THE FREQUENCY OF AN ADVISORY (NON-BINDING) VOTE ON THE COMPENSATION OF EXECUTIVE OFFICERS</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>85</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa033">PROPOSAL
    NO. 4 RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>87</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa034">OTHER
    MATTERS</A></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>88</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A HREF="#maadef14aa035">APPENDIX
    A NON-GAAP FINANCIAL MEASURES</A></B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>A-1</B></FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0; text-align: center">&nbsp;</P>
<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0; text-align: center">[This page intentionally left blank]</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0; text-align: center">&nbsp;</P>


<P STYLE="margin: 0"><FONT STYLE="text-transform: none">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-transform: uppercase; text-align: center"><FONT STYLE="text-transform: none">MID-AMERICA
APARTMENT COMMUNITIES, INC.<BR>
</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center">6584 Poplar Avenue<BR>
</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: center">Memphis, Tennessee 38138</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR>
    <TD STYLE="width: 100%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 5.4pt; padding-bottom: 5.4pt">
        <P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-transform: uppercase; text-align: center"><FONT STYLE="font-size: 12pt; text-transform: none">PROXY
        STATEMENT FOR THE<BR>
        </FONT></P>
        <P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-transform: uppercase; text-align: center"><FONT STYLE="font-size: 12pt; text-transform: none">2017
        ANNUAL MEETING OF SHAREHOLDERS</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in; text-align: left"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in; text-align: left"><FONT STYLE="font-weight: normal">Mid-America
Apartment Communities, Inc. is soliciting proxies, and your vote is very important. For this reason, our Board of Directors requests
that you allow your shares to be represented at the Annual Meeting by the proxies named on the enclosed Proxy Card. In connection
with our solicitation of proxies, we are mailing this Proxy Statement, the enclosed Proxy Card, our Annual Report on Form 10-K
and our 2016 Annual Report to Shareholders to shareholders beginning on or about April 19, 2017.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in; text-align: left"><FONT STYLE="font-weight: normal">In
this Proxy Statement, terms such as &ldquo;MAA,&rdquo; &ldquo;we,&rdquo; &ldquo;us&rdquo; and &ldquo;our&rdquo; refer to Mid-America
Apartment Communities, Inc. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 14pt"><B><A NAME="maadef14aa001"></A>INFORMATION
ABOUT THE MEETING</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; "><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; "><B>WHEN IS THE ANNUAL MEETING?
</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in">The Annual
Meeting will be held on Tuesday, May 23, 2017, at 11:00 a.m., Central Daylight Time.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left;"><B>WHERE WILL
THE ANNUAL MEETING BE HELD?</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; border-bottom: Black 1pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in">Our Annual
Meeting will be held at our corporate headquarters, 6584 Poplar Avenue, Memphis, Tennessee 38138.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid">WHAT ITEMS WILL BE VOTED
ON AT THE ANNUAL MEETING?</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in">You will
vote on the following matters:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">1.</TD><TD STYLE="text-align: left; padding-right: 0.5pt">Election of twelve directors named herein to serve for one year and until their
successors have been duly elected and qualified;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">2.</TD><TD STYLE="padding-right: 0.5pt">An advisory (non-binding) vote to approve the compensation of our named executive officers as
disclosed in this Proxy Statement;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">3.</TD><TD STYLE="padding-right: 0.5pt">An advisory (non-binding) vote to set the frequency of an advisory (non-binding) vote to approve
the compensation of our named executive officers;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">4.</TD><TD STYLE="padding-right: 0.5pt">Ratification of Ernst &amp; Young LLP as our independent registered public accounting firm for
2017; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">5.</TD><TD STYLE="padding-right: 0.5pt">Such other business as may properly come before the meeting or any adjournment thereof.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">As of the date of this Proxy Statement,
we are not aware of any other matters that will be presented for action at the Annual Meeting.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>
<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; "><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>WHAT ARE THE BOARD OF DIRECTORS&rsquo;
RECOMMENDATIONS?</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">Our Board of Directors recommends
that you vote:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">1.</TD><TD STYLE="text-align: left; padding-right: 0.5pt">&ldquo;<B>FOR</B>&rdquo; the election of the twelve nominees named herein to
serve on the Board of Directors;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">2.</TD><TD STYLE="text-align: left; padding-right: 0.5pt">&ldquo;<B>FOR</B>&rdquo; the advisory (non-binding) vote to approve the compensation
of our named executive officers as disclosed in this Proxy Statement;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">3.</TD><TD STYLE="text-align: left; padding-right: 0.5pt">&ldquo;<B>1 YEAR</B>&rdquo; for the advisory (non-binding) vote on the frequency
of an advisory (non-binding) vote to approve the compensation of our named executive officers; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">4.</TD><TD STYLE="text-align: left; padding-right: 0.5pt">&ldquo;<B>FOR</B>&rdquo; the ratification of the selection of Ernst &amp; Young
LLP as our independent registered public accounting firm for 2017.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: left; text-indent: 0.5in">If any other
matter properly comes before the Annual Meeting, the proxy holders will vote as recommended by the Board of Directors or, if no
recommendation is given, in accordance with their best judgment.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; ">DO DIRECTORS ATTEND THE
ANNUAL MEETING?</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">We encourage, but do not require
our directors to attend our Annual Meeting. All of our then directors attended the 2016 Annual Meeting of Shareholders.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 14pt"><B><A NAME="maadef14aa002"></A>INFORMATION
ABOUT VOTING</B></FONT></P>

<P STYLE=" font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="border-bottom: Black 1pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">WHO IS ENTITLED TO VOTE
AT THE ANNUAL MEETING?</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">Only shareholders of record at
the close of business on the record date, March 17, 2017, are entitled to receive notice of the Annual Meeting and to vote the
shares that they held on the record date at the Annual Meeting, or any postponement or adjournment of the Annual Meeting. The only
class of stock that can be voted at the Annual Meeting is our common stock. Each share of common stock is entitled to one vote
on all matters that come before the Annual Meeting. As of the close of business on March 17, 2017, we had 113,551,915 shares of
common stock outstanding.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in"><I>Shareholders of Record: Shares
Registered in Your Name</I>. If on March 17, 2017 your shares were registered directly in your name with our transfer agent, American
Stock Transfer &amp; Trust Company, then you are a shareholder of record. As a shareholder of record, you may vote in person at
the Annual Meeting or vote by proxy. Whether or not you plan to attend the Annual Meeting, we urge you to fill out and return the
enclosed Proxy Card, or vote by proxy over the telephone or on the Internet as instructed below, to ensure your vote is counted.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in"><I>Beneficial Owner: Shares Registered
in the Name of a Broker or Bank</I>. If on March 17, 2017 your shares were held in an account at a brokerage firm, bank, dealer
or similar organization, then you are the beneficial owner of shares held in &ldquo;street name&rdquo; and these proxy materials
are being forwarded to you by that organization. The organization holding your account is considered the shareholder of record
for purposes of voting at the Annual Meeting. As a beneficial owner, you have the right to direct your broker or other agent on
how to vote the shares in your account. You are also invited to attend the Annual Meeting. However, since you are not the shareholder
of record, you may not vote your shares in person at the Annual Meeting unless you request and obtain a valid proxy from your broker
or other agent or nominee.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="border-bottom: Black 1pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">HOW
DO I VOTE MY SHARES?</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in"><I>Shareholders of Record:</I>
If you are a shareholder of record (your shares are registered directly in your name with our transfer agent) you may vote your
shares in person or by proxy:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0.75in"><I>In Person</I>: You may attend the Annual Meeting
and vote in person.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0.75in"><I>By Proxy</I>: You can vote by telephone, on
the Internet or by mail. We encourage you to vote by telephone or Internet, both of which are convenient, cost-effective, and reliable
alternatives to returning your Proxy Card by mail.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0.75in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD STYLE="padding-right: 0.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><U>By Telephone</U>: You may submit your
voting instructions by telephone by following the instructions printed on the Proxy Card. If you submit your voting instructions
by telephone, you do not have to mail in your Proxy Card. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD STYLE="padding-right: 0.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><U>On the Internet</U>: You may vote
on the Internet by following the instructions printed on the Proxy Card. If you vote on the Internet, you do not have to mail in
your Proxy Card. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD STYLE="padding-right: 0.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><U>By Mail</U>: If you properly complete
and sign the enclosed Proxy Card and return it in the enclosed envelope, it will be voted in accordance with your instructions.
The enclosed envelope requires no additional postage if mailed in the United States. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in"><I>Beneficial Owner:</I> If you
are a beneficial owner (your shares are held in an account with a brokerage firm, bank, dealer or similar organization), you may
vote your shares in person or by proxy:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0.75in"><I>In Person</I>: You may attend the Annual Meeting
and vote in person; however, you will need to present a valid proxy from your broker permitting you to vote the shares in person
at the Annual Meeting.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0.75in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0.75in"><I>By Proxy</I>: If you are a beneficial owner
of shares registered in the name of your broker, bank or other agent, you should receive a Proxy Card and voting instructions with
these proxy materials from that organization rather than from us. Complete and mail the Proxy Card to ensure that your vote is
counted. Alternatively, follow the instructions provided by your broker or bank to vote by telephone or over the Internet as that
organization allows.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0.75in">&nbsp;</P>
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD></TR>
</TABLE>


<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; "><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; border-bottom: Black 1pt solid"><B>WHAT
IF I HAVE SHARES IN THE MAA EMPLOYEE STOCK OWNERSHIP PLAN?</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: left; text-indent: 0.5in">If you had shares
in an account under our Employee Stock Ownership Plan on March 17, 2017, you have the right to vote the shares in your account.
To do this, you must sign and timely return the Proxy Card you received with this Proxy Statement, or grant your proxy by telephone
or over the Internet by following the instructions on the Proxy Card.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; "><B>WHAT
IF I OWN SHARES IN THE POST PROPERTIES COMMON STOCK FUND IN THE POST PROPERTIES, INC. 401(K) PLAN?</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; border-bottom: Black 1pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: left; text-indent: 0.5in">If you owned
shares in the Post Properties Common Stock Fund in the Post Properties, Inc., or Post Properties, 401(K) Plan immediately prior
to the merger on December 1, 2016 between Post Properties and MAA, your shares exchanged to shares of MAA common stock at the exchange
rate set by the Agreement and Plan of Merger by and among MAA, Mid-America Apartments, L.P., Post Properties, Post GP Holdings,
Inc. and Post Apartment Homes, L.P., dated as of August 15, 2016. While the Post Properties Common Stock Fund has been frozen and
no further investments may be made to the fund, if you owned shares in the fund on March 17, 2017, you have the right to direct
the vote of the shares in your 401(K) account. To do this, you must sign and timely return the Proxy Card you received with this
Proxy Statement, or grant your proxy by telephone or over the Internet by following the instructions on the Proxy Card.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; border-bottom: Black 1pt solid"><B>HOW
WILL MY VOTE BE CAST?</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">Your vote will be cast as you
indicate on your Proxy Card. If you submit an executed Proxy Card without marking your voting selections, your shares will be voted
as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">1.</TD><TD STYLE="padding-right: 0.5pt"><B>&ldquo;FOR&rdquo;</B> the election of the twelve nominees named herein to serve on the Board
of Directors;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">2.</TD><TD STYLE="padding-right: 0.5pt"><B>&ldquo;FOR&rdquo;</B> the advisory (non-binding) vote to approve the compensation of our named
executive officers as disclosed in this Proxy Statement;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">3.</TD><TD STYLE="text-align: left; padding-right: 0.5pt">&ldquo;<B>1 YEAR</B>&rdquo; for the advisory (non-binding) vote on the frequency
of an advisory (non-binding) vote to approve the compensation of our named executive officers; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">4.</TD><TD STYLE="padding-right: 0.5pt"><B>&ldquo;FOR&rdquo;</B> the selection of Ernst &amp; Young LLP to serve as our independent registered
public accounting firm for 2017.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">If any additional matters are
properly presented at the Annual Meeting, your proxy (one of the individuals named on your Proxy Card) will vote your shares as
recommended by the Board of Directors or, if no recommendation is given, in accordance with his or her best judgment. Votes will
be counted by the inspector of election appointed for the Annual Meeting, who will separately count &ldquo;For&rdquo;, &ldquo;Against&rdquo;
and &ldquo;Abstain&rdquo; votes.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">If your shares are held by your
broker as your nominee (that is, in &ldquo;street name&rdquo;), you will need to obtain a proxy form from the institution that
holds your shares and follow the instructions included on that form regarding how to instruct your broker to vote your shares.
In the event that a broker, bank, custodian, nominee or other record holder of our common stock indicates on a proxy that it does
not have discretionary authority to vote certain shares on a particular matter, then those shares will be treated as broker non-votes.
Shares represented by such broker non-votes will be counted in determining whether there is a quorum.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; "><B>CAN I CHANGE MY VOTE AFTER
I RETURN MY PROXY?</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal">Yes.
You can revoke your proxy at any time before the final vote at the Annual Meeting. If you are the record holder of your shares,
you may revoke your proxy in any one of three ways:</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-weight: normal">1.</FONT></TD><TD STYLE="padding-right: 0.5pt"><FONT STYLE="font-weight: normal">You may submit another properly completed Proxy bearing a later
date;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-weight: normal">2.</FONT></TD><TD STYLE="padding-right: 0.5pt"><FONT STYLE="font-weight: normal">You may send a written notice that you are revoking your proxy
to our Corporate Secretary at 6584 Poplar Avenue, Memphis, Tennessee 38138; or</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">3.</TD><TD STYLE="padding-right: 0.5pt">You may attend the Annual Meeting and notify the election officials that you wish to revoke your
proxy and vote in person. Attending the Annual Meeting will not, by itself, revoke your proxy.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">If your shares are held by your
broker or bank as nominee or agent, you should follow the instructions provided by your broker or bank.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; "><B>HOW
MANY VOTES ARE NEEDED TO APPROVE EACH PROPOSAL? </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; border-bottom: Black 1pt solid"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">1.</TD><TD STYLE="padding-right: 0.5pt">For the election of directors, the votes cast &ldquo;For&rdquo; the nominee must exceed the votes
cast &ldquo;Against&rdquo; the nominee for the nominee to be elected. Neither abstentions nor broker non-votes will have any legal
effect on whether this proposal is approved. If a nominee fails to receive more &ldquo;For&rdquo; votes than votes cast &ldquo;Against&rdquo;
and is an incumbent director, the nominee is required to tender his or her resignation to the Nominating and Corporate Governance
Committee of the Board of Directors for consideration, and the Nominating and Corporate Governance Committee will determine whether
it is advisable to accept or reject the resignation and will submit a recommendation to the Board of Directors for consideration.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">2.</TD><TD STYLE="padding-right: 0.5pt">For the advisory (non-binding) vote on the compensation of our named executive officers to be
approved, the votes cast &ldquo;For&rdquo; the proposal must exceed the votes cast &ldquo;Against&rdquo; the proposal. Neither
abstentions nor broker non-votes will have any legal effect on whether this proposal is approved.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">3.</TD><TD STYLE="padding-right: 0.5pt">For the advisory (non-binding) vote on the frequency of an advisory (non-binding) vote to approve
the compensation of our named executive officers, the enclosed proxy card gives you four choices for voting on this item (every
one, two or three years, or abstain). As such, shareholders will not be voting to approve or disapprove the proposal, and the frequency
period that receives the most votes will be deemed to be the recommendation of the shareholders.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">4.</TD><TD STYLE="padding-right: 0.5pt">Shareholder approval for the appointment of our independent registered public accounting firm
is not required, but the Board of Directors is submitting the selection of Ernst &amp; Young LLP for ratification in order to obtain
the views of our shareholders. This proposal will be approved if the votes cast &ldquo;For&rdquo; the proposal exceed the votes
cast &ldquo;Against&rdquo; the proposal. Neither abstentions nor broker non-votes will have any legal effect on whether this proposal
is approved. The Audit Committee will consider a vote against the firm by the shareholders in selecting our independent registered
public accounting firm in the future.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; ">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>HOW MANY SHARES MUST BE PRESENT
TO CONSTITUTE A QUORUM FOR THE MEETING?</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">A quorum of shareholders is necessary
to hold a valid meeting. A quorum will be present if at least a majority of the outstanding shares of common stock are represented
by shareholders present at the Annual Meeting in person or by proxy. On March 17, 2017, the record date, there were 113,551,915
shares of common stock outstanding and entitled to vote. Thus, 56,775,958 shares of common stock must be represented by shareholders
present in person or by proxy at the Annual Meeting to have a quorum.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">Your shares will be counted towards
the quorum only if you submit a valid proxy or vote at the Annual Meeting. Abstentions and broker non-votes will be counted towards
the quorum requirement. If there is no quorum, the Chairman of the meeting or a majority of the votes present at the Annual Meeting
may adjourn the meeting to another date.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; border-bottom: Black 1pt solid"><B>HOW
CAN I FIND OUT THE RESULTS OF THE VOTING AT THE ANNUAL MEETING?</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">Preliminary voting results will
be announced at the Annual Meeting. Final results will be disclosed in a Current Report on Form 8-K, which can be found using the
&ldquo;SEC Filings and Reports&rdquo; link on the &ldquo;For Investors&rdquo; page of our website at http://ir.maac.com following
the Current Report on Form 8-K&rsquo;s filing with the Securities and Exchange Commission, or SEC, within four business days of
the Annual Meeting. Information from our website is not incorporated by reference into this Proxy Statement.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 14pt"><B><A NAME="maadef14aa003"></A>ADDITIONAL
INFORMATION</B></FONT></P>

<P STYLE=" font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="border-bottom: Black 1pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">HOW AND WHEN MAY I SUBMIT
A SHAREHOLDER PROPOSAL FOR THE 2018 ANNUAL MEETING OF SHAREHOLDERS?</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">Shareholders who wish to submit
proposals for inclusion in the proxy materials to be furnished by us to shareholders in connection with our 2018 Annual Meeting
of Shareholders must comply with our Bylaws and all applicable requirements of Rule 14a-8 promulgated under the Securities and
Exchange Act of 1934, as amended, or the Exchange Act. To be included in our proxy materials furnished by us to shareholders, such
proposals must be sent to the Nominating and Corporate Governance Committee, Attention: Corporate Secretary, MAA, 6584 Poplar Avenue,
Memphis, Tennessee 38138 and be received no later than the close of business on December 20, 2017.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">Shareholders may also directly
submit proposals in connection with our 2018 Annual Meeting of Shareholders, including proposals to nominate their own persons
for election as directors by our shareholders. Our Bylaws provide requirements for ownership and certain procedures that a shareholder
must follow to make their own nominations of persons for election as directors or to introduce an item of business at an annual
meeting of shareholders that is not included in our proxy materials. Pursuant to our Bylaws, shareholders wishing to submit proposals
or director nominations that are not to be included in our proxy materials must give timely notice thereof in writing to our Corporate
Secretary that contains all of the information required by our Bylaws and prepare their own proxy materials for our shareholders.
To be timely for the 2018 Annual Meeting of Shareholders, you must notify our Corporate Secretary, in writing, no later than the
close of business on February 22, 2018 nor earlier than the close of business on January 23, 2018. We also advise you to review
our Bylaws, which contain additional requirements about advance notice of shareholder proposals and director nominations, including
the different notice submission date requirements in the event that we do not hold our 2018 Annual Meeting of Shareholders between
April 23, 2018 and July 22, 2018. The Chairman of the 2018 Annual Meeting of Shareholders may determine, if the facts warrant,
that a matter has not</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">been properly brought before the meeting and, therefore, may not be considered at the meeting. In addition,
the proxy solicited by the Board of Directors for the 2018 Annual Meeting of Shareholders will confer discretionary voting authority
with respect to any matter presented by a shareholder at that meeting for which we have not been provided with timely notice. Shareholder
proposals must be sent to Attention: Corporate Secretary, MAA, 6584 Poplar Avenue, Memphis, Tennessee 38138.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid">HOW CAN I OBTAIN THE ANNUAL
REPORT ON FORM 10-K?</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in"><FONT STYLE="font-weight: normal"><I>Our
Annual Report on Form 10-K for the year ended December 31, 2016, as filed with the SEC, including the financial statements, and
financial statement schedules is being mailed along with this Proxy Statement. Our Annual Report on Form 10-K for the year ended
December 31, 2016, including all exhibits may be obtained from the &ldquo;SEC Filings and Reports&rdquo; link on the &ldquo;For
Investors&rdquo; page of our website at http://ir.maac.com or received free of charge by writing Investor Relations at MAA, 6584
Poplar Avenue, Memphis, Tennessee 38138. Information from our website is not incorporated by reference into this Proxy Statement.</I></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="border-bottom: Black 1pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">WHO IS PAYING FOR THIS
PROXY SOLICITATION?</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">We will pay for the entire cost
of soliciting proxies. We expect that this Proxy Statement will first be sent to shareholders on or about April 19, 2017. In addition
to these mailed proxy materials, our directors and employees may also solicit proxies in person, by telephone or by other means
of communication. Directors and employees will not be paid any additional compensation for soliciting proxies. We may also reimburse
brokerage firms, banks and other agents for the cost of forwarding proxy materials to beneficial owners.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>HOW MANY COPIES SHOULD I
RECEIVE IF I SHARE AN ADDRESS WITH ANOTHER SHAREHOLDER?</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">The SEC has adopted rules that
permit companies and intermediaries such as brokers to satisfy delivery requirements for proxy materials with respect to two or
more shareholders sharing the same address by delivering a single Proxy Statement addressed to those shareholders. This process,
which is commonly referred to as &ldquo;householding,&rdquo; potentially provides extra convenience for shareholders and cost savings
for companies.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">We and some brokers household
proxy materials, delivering one copy of proxy materials to multiple shareholders sharing an address, unless contrary instructions
have been received from the affected shareholders. Once you have received notice from your broker or us that they or we will be
householding materials to your address, householding will continue until you are notified otherwise or until you revoke your consent.
If you did not respond that you did not want to participate in householding, you were deemed to have consented to householding.
If at any time you no longer wish to participate in householding and would prefer to receive separate proxy materials, or if you
are receiving multiple copies of the Proxy Statement and wish to receive only one, please do one of the following: (a) notify your
broker if your shares are held in a brokerage account or by marking the appropriate box on your Proxy Card if you hold registered
shares; or (b) notify us in writing at MAA, 6584 Poplar Avenue, Memphis, Tennessee 38138, Attention:&nbsp; Corporate Secretary,
or by calling (901) 682-6600.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">We can only household registered
shares. If you own registered shares as well as hold shares in a brokerage account, you will continue to receive multiple copies
of the Proxy Statement. Similarly, if you own shares in more than one brokerage firm, you can only household the Proxy Statements
you receive within each individual brokerage house. If you receive more than one set of proxy materials and proxy cards, please
promptly complete, sign and return each proxy card that you receive or give your</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 13 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">proxy authorization over the Internet or by telephone
to ensure that all of your shares are represented and voted.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="border-bottom: Black 1pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">WHOM SHOULD I CONTACT IF
I HAVE ANY QUESTIONS?</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">If you have any questions about
the Annual Meeting, these proxy materials or your ownership of our common stock, please contact our Legal Department at 6584 Poplar
Avenue, Memphis, Tennessee 38138, or email investor.relations@maac.com or call (901) 682-6600.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 14 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.5in">&nbsp;</P>


<P STYLE="margin: 0"></P>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 14pt"><B><A NAME="maadef14aa004"></A>INFORMATION
ABOUT</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.5pt 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 14pt"><B>THE
BOARD OF DIRECTORS AND ITS COMMITTEES</B>&nbsp;</FONT></P>

<P STYLE="border-bottom: Black 0pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="border-bottom: Black 0pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">OVERVIEW OF 2016 BOARD
OF DIRECTORS</P>

<P STYLE="border-bottom: Black 0pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="border-bottom: Black 0pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Committee Membership <SUP>(5)</SUP></B></FONT></TD>
    <TD ROWSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>Other&nbsp;</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>Public Company Boards</B>&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Name</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Age <SUP>(4)</SUP></B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Director Since</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Primary Occupation</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>A</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>C</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>NCG</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>REI</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 20%; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">H. Eric Bolton, Jr.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 5%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">60</FONT></TD>
    <TD STYLE="vertical-align: top; width: 8%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1997</FONT></TD>
    <TD STYLE="vertical-align: top; width: 36%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Chairman of the Board of Directors and Chief Executive Officer of MAA</FONT></TD>
    <TD STYLE="width: 5%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 5%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 6%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 6%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">XC</FONT></TD>
    <TD STYLE="width: 9%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Russell R. French <SUP>(1) (6)</SUP></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">71</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2016</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Special Limited Partner of Moseley &amp; Co. VI, LLC and Class B Partner of Moseley &amp; Co. VII, LLC and Moseley &amp; Co. SBIC, LLC</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&mdash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Alan B. Graf, Jr. <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">63</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2002</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Executive Vice President and Chief Financial Officer of FedEx Corporation</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">L, XC</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Toni Jennings <SUP>(1) (6)</SUP></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">68</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2016</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Chairman of the Board of Jack Jennings &amp; Sons, Inc. and Jennings &amp; Jennings, Inc.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Ralph Horn <SUP>(1) (2)</SUP></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">76</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1998</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Past Chairman of the Board of Directors, Chief Executive Officer and President of First Horizon National Corporation</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">James K. Lowder <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">67</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2013</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Chairman of the Board of Directors of The Colonial Company</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&mdash;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Thomas H. Lowder</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">67</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2013</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Past Chairman of the Board of Trustees and Chief Executive Officer of Colonial Properties Trust</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&mdash;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Monica McGurk <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">47</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2016</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Chief Growth Officer of Tyson Foods, Inc.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&mdash;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Claude B. Nielsen <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">66</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2013</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Chairman of the Board of Directors and Past Chief Executive Officer of Coca-Cola Bottling Company United, Inc.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">XC</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&mdash;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Philip W. Norwood <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">69</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2007</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Past President and Chief Executive Officer of Faison Enterprises, Inc.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">XC</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&mdash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">W. Reid Sanders <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">67</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2010</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">President of Sanders Properties, LLC and Sanders Investments, LLC</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">William B. Sansom <SUP>(1) (3)</SUP></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">75</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2006</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Chairman of the Board of Directors, Chief Executive Officer and President of H.T. Hackney Co.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Gary Shorb <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">66</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2012</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Past President and Chief Executive Officer of Methodist Le Bonheur Healthcare</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&mdash;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">John W. Spiegel <SUP>(1) (2)</SUP></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">76</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2013</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Past Vice Chairman and Chief Financial Officer of SunTrust Banks, Inc.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&mdash;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">David P. Stockert <SUP>(6)</SUP></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">55</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2016</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Past Chief Executive Officer of Post Properties, Inc.</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; border-bottom: Black 2pt solid; border-left: Black 1pt solid; border-right: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; border-bottom: Black 2pt solid; border-left: Black 1pt solid; border-right: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">X</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; border-bottom: Black 2pt solid; border-left: Black 1pt solid">&mdash;</TD></TR>
</TABLE>
<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt"><SUP>(1)</SUP></FONT></TD><TD><FONT STYLE="font-weight: normal; color: windowtext">Indicates
an Independent Director</FONT></TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt"><SUP>(2)</SUP></FONT></TD><TD><FONT STYLE="font-weight: normal; color: windowtext">Messrs.
Horn and Spiegel retired from the Board of Directors on May 17, 2016 and are not standing for election</FONT></TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt"><SUP>(3)</SUP></FONT></TD><TD><FONT STYLE="font-weight: normal; color: windowtext">Mr.
Sansom is ineligible to stand for re-election due to the Board of Director&rsquo;s mandatory retirement age policy</FONT></TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt"><SUP>(4)</SUP></FONT></TD><TD><FONT STYLE="font-weight: normal; color: windowtext">Age
is as of May 23, 2017, the meeting date for the Annual Meeting</FONT></TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt"><SUP>(5)</SUP></FONT></TD><TD><FONT STYLE="font-weight: normal; color: windowtext">The
chart reflects committee assignments as of April 19, 2017:</FONT></TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.75in"><FONT STYLE="font-weight: normal">A = Audit Committee,
C = Compensation Committee, L = Lead Independent Director, NCG = Nominating and Corporate Governance Committee, REI = Real Estate
Investment Committee, XC = Committee Chair</FONT>&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD><SUP>(6)&nbsp;&nbsp;&nbsp;</SUP><FONT STYLE="font-weight: normal; color: windowtext">Messrs. French, Stockert
                               and Ms. Jennings joined MAA&rsquo;s Board of Directors following completion of the merger between
                               MAA and Post Properties and served on the Board of Directors of Post Properties immediately prior
                               to the merger.</FONT></TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 15 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="border-bottom: Black 1pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">WHAT IS OUR PHILOSOPHY
REGARDING CORPORATE GOVERNANCE?</P>

<P STYLE="border-bottom: Black 0pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We believe that effective corporate governance
is critical to our long-term health and our ability to create value for our shareholders. We have continued to review our corporate
governance policies and practices and to compare them to the practices of other public companies. We will continue to monitor emerging
developments in corporate governance and enhance our policies and procedures when required or when our Board of Directors determines
that it would benefit us and our shareholders. Based on this review, the Board of Directors has established and maintains Corporate
Governance Guidelines that include detailed specifications for director qualification and responsibility. You may find a copy of
our Corporate Governance Guidelines in the &ldquo;Governance Documents&rdquo; section of the &ldquo;Corporate Overview&rdquo; link
on the &ldquo;For Investors&rdquo; page of our website at http://ir.maac.com.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The responsibilities of our Board of Directors
and its committees are described below, along with other corporate governance-related disclosures. All of our Board of Directors&rsquo;
standing committees have written charters, which can be found in the &ldquo;Governance Documents&rdquo; section of our &ldquo;Corporate
Overview&rdquo; link on the &ldquo;For Investors&rdquo; page of our website at http://ir.maac.com. We will also provide a copy
of any committee charter, the Corporate Governance Guidelines or our Code of Business Conduct and Ethics without charge upon written
request sent to: MAA, Attention: Investor Relations, 6584 Poplar Avenue, Memphis, Tennessee 38138. Our Board of Directors may,
from time-to-time, form other committees as circumstances warrant. Such committees will have authority and responsibility as delegated
by our Board of Directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Information from our website is not incorporated
by reference into this Proxy Statement.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>HOW MANY INDEPENDENT DIRECTORS
DO WE HAVE?</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 0pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our Board of Directors has affirmatively
determined that ten of our current thirteen directors are independent: Russell R. French, Alan B. Graf, Jr., Toni Jennings, James
K. Lowder, Monica McGurk, Claude B. Nielsen, Philip W. Norwood, W. Reid Sanders, William B. Sansom and Gary Shorb. Each of these
ten directors meets the independence standards of our Corporate Governance Guidelines, the listing standards of the New York Stock
Exchange, or the NYSE, and applicable SEC rules.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our Corporate Governance Guidelines provide
that no director who is or would be over the age of 75 at the expiration of his or her current term may be nominated to a new term,
unless the Board of Directors waives the retirement age for a specific director for special circumstances.&nbsp; In accordance
with our Corporate Governance Guidelines, the Board of Directors has determined to not re-nominate William B. Sansom, age 75, for
re-election at the Annual Meeting. In connection therewith, the size of our Board of Directors will be reduced from thirteen to
twelve directors with nine independent directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>HOW DO WE DETERMINE WHETHER
A DIRECTOR IS INDEPENDENT?</B>&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">A director is considered independent if
our Board of Directors affirmatively determines that the director has no direct or indirect material relationship with us. Consistent
with the requirements of the SEC and the NYSE, our Board of Directors reviews all relevant transactions or relationships between
each director, or any of his or her family members, and us, our senior management and our independent auditors. Our Board of Directors
has adopted the following categorical standards:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">A director who is an employee or whose immediate family member is
one of our executive officers is not independent until three years after the end of such employment relationship.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">A director who receives, or whose immediate family member receives,
more than $120,000 per year in direct compensation from us, other than director and committee fees and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">10</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Page; Sequence: 16 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">                                                                                                                                         <TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>pension or other forms of
deferred compensation for prior service (provided such compensation is not contingent in any way on continued service), is not
independent until three years after he or she ceases to receive more than $120,000 per year in such compensation.</TD></TR>
<TR STYLE="vertical-align: top">
<TD>&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">A
                                         director who is affiliated with or employed by, or whose immediate family member is affiliated
                                         with or employed in a professional capacity by, any of our present or former internal
                                         or external auditors is not independent until three years after the end of the affiliation
                                         or the employment or auditing relationship.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">A
                                         director who is employed, or whose immediate family member is employed, as an executive
                                         officer of another company where any of our present executive officers serve on that
                                         company&rsquo;s Compensation Committee is not independent until three years after the
                                         end of such service or the employment relationship.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">A
                                         director who is an executive officer or an employee, or whose immediate family member
                                         is an executive officer, of a company that makes payments to, or receives payments from,
                                         us for property or services in an amount which, in any single fiscal year, exceeds the
                                         greater of $1 million, or 2% of such other company&rsquo;s consolidated gross revenues,
                                         is not independent until three years after falling below such threshold.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Our Board
of Directors consults with our General Counsel to ensure that the Board of Directors&rsquo; determinations are consistent with
all relevant securities and other laws and regulations regarding the definition of &ldquo;independent&rdquo;, including those
set forth in pertinent listing standards of the NYSE, as in effect from time-to-time.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt"><B>DO
ANY NON-MANAGEMENT DIRECTORS HAVE RELATIONSHIPS WITH US THAT THE BOARD OF DIRECTORS DETERMINED WERE MATERIAL?</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 0pt solid"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">None of our
non-management directors had relationships with us during 2016 that the Board of Directors determined were material.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">HOW
MANY TIMES DID OUR BOARD OF DIRECTORS MEET LAST YEAR?&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Our Board
of Directors met six times during 2016.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">DID
ANY OF OUR DIRECTORS ATTEND FEWER THAN 75% OF THE MEETINGS OF THE BOARD OF DIRECTORS AND THEIR ASSIGNED COMMITTEES?</FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 0pt solid"></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 0pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0pt; margin-left: 0in; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">All
of the directors attended more than 75% of the meetings of our Board of Directors and their respective committees during the calendar
year 2016.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt"><B>HOW
IS OUR BOARD OF DIRECTORS STRUCTURED?</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 0pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">If all of our director nominees are elected
by our shareholders, the leadership structure of our Board of Directors will include a combined Chairman of the Board of Directors
and Chief Executive Officer, nine&nbsp;independent directors and three non-independent directors. All of our directors serve with
equal importance and have an equal vote on all matters. Our independent directors meet without management present at regularly
scheduled executive sessions.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Mr. Graf serves
as the Lead Independent Director. Our Board of Directors believes that we have been and continue to be well served by having our
Chief Executive Officer also serve as Chairman of the Board of Directors. Our Audit, Compensation and Nominating and Corporate
Governance Committees </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">11</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 17 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"><FONT STYLE="font-size: 10pt">are all led by chairmen who are independent directors and the membership of these three committees is 100%
comprised of independent directors. We believe that the current board leadership model, when combined with the experience of our
Board of Directors, the strong leadership of our Lead Independent Director and other independent directors, the committees of
the Board of Directors listed above and the corporate governance policies already in place, strikes an appropriate balance between
consistent leadership and independent oversight of our business and affairs.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt"><B>DOES
OUR BOARD OF DIRECTORS MEET REGULARLY WITHOUT MANAGEMENT PRESENT?</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 0pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Both our non-management
directors and our independent directors regularly meet without management present. The Board of Directors has determined that
Messrs. Thomas H. Lowder and Stockert are not independent directors because each was the Chief Executive Officer of a company
that MAA acquired within the past five years. We consider Messrs. Thomas H. Lowder and Stockert to be non-management directors,
who meet from time-to-time with the independent directors without the participation of management. As Lead Independent Director,
Mr. Graf presides over the meetings of both the non-management directors and the independent directors. The non-management directors
and the independent directors both held four executive sessions during 2016.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">DOES
OUR BOARD OF DIRECTORS HAVE ANY STANDING COMMITTEES?</FONT>&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Our Board
of Directors has four standing committees: Audit Committee; Compensation Committee; Nominating and Corporate Governance Committee;
and Real Estate Investment Committee. All of the members of the Audit Committee, Compensation Committee and Nominating and Corporate
Governance Committee are independent, pursuant to the standards set forth in our Corporate Governance Guidelines, the NYSE listing
standards and applicable SEC rules. The Real Estate Investment Committee consists of two independent members and three non-independent
members. Each standing committee of our Board of Directors has a charter, which can be found in the &ldquo;Governance Documents&rdquo;
section of the &ldquo;Corporate Overview&rdquo; link on the &ldquo;For Investors&rdquo; page of our website at http://ir.maac.com.
Information from our website is not incorporated by reference into this Proxy Statement.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0in"></P>

<!-- Field: Page; Sequence: 18 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>


<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The current membership of, and information
about, each committee of our Board of Directors is shown below.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>AUDIT COMMITTEE</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>Current Members:&nbsp;</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">Alan B. Graf, Jr.,&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 17.1pt">Chairman&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">Russell R. French&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">W. Reid Sanders&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">Gary Shorb</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>Number of meetings</I></B><BR><B><I>held in 2016:
        </I></B>Eight</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P></TD>
    <TD STYLE="width: 76%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>Committee Functions:&nbsp;</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;appoints,
determines the compensation of, oversees and evaluates the work of the independent registered public accounting firm; </FONT>&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;pre-approves
all auditing services and permitted non-audit services, including the fees and terms thereof, to be performed by the independent
registered public accounting firm;</FONT>&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;reviews
and discusses with management and the independent registered public accounting firm the annual audited and quarterly unaudited
financial statements and our disclosure under &ldquo;Management&rsquo;s Discussion and Analysis of Financial Condition and Results
of Operations&rdquo; in our Form 10-Qs and Form 10-Ks;</FONT>&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;discusses
earnings press releases, including the use of &ldquo;pro forma&rdquo; or &ldquo;adjusted&rdquo; non-GAAP information, and discusses
generally the financial information and earnings guidance which has been or will be provided to analysts and rating agencies;</FONT>&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;reviews
and discusses with management and the independent registered public accounting firm the adequacy and effectiveness of our systems
of internal accounting and financial controls; </FONT>&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;establishes
procedures for the receipt, retention and treatment of complaints regarding accounting, internal accounting controls or auditing
matters and the confidential, anonymous submission by employees of concerns regarding questionable accounting or auditing matters;</FONT>&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;reviews
with management and the independent registered public accounting firm our compliance with the requirements for qualification as
a real estate investment trust, or REIT; </FONT>&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;reviews
and reassesses annually the Audit Committee Charter and submits any recommended changes to the Board of Directors for its consideration;
and </FONT>&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;issues
a report annually as required by the SEC&rsquo;s proxy solicitation rules.</FONT>&nbsp;</P></TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">13</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&nbsp;</P>

<!-- Field: Page; Sequence: 19 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>COMPENSATION COMMITTEE</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>Current Members:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;&nbsp;Philip W. Norwood,&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 17.1pt">Chairman&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">Toni Jennings&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">Monica McGurk&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">Claude B. Nielsen&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">William B. Sansom</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>Number of meetings&nbsp;</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>held in 2016:</I></B> Five</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P></TD>
    <TD STYLE="width: 76%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>Committee Functions:&nbsp;</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;reviews
and approves our compensation objectives; &nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;reviews
and recommends the compensation programs, plans, and awards for the CEO to the Board of Directors and reviews and approves the
same for the other executive officers, after taking into consideration any past &ldquo;Say-on-Pay&rdquo; votes by the shareholders;&nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;reviews
and approves any employment and severance arrangements and benefits of the CEO and other executive officers;&nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;recommends
to the Board of Directors how often MAA should submit to the shareholders the &ldquo;Say-on-Pay&rdquo; vote;&nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;recommends
the compensation for directors to the Board of Directors;&nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;evaluates
and oversees risks associated with the company&rsquo;s compensation policies and practices; &nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;acts
as administrator, as may be required, for our equity-related incentive plans; &nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;reviews
and discusses with management the information contained in the Compensation Discussion and Analysis section of the Proxy Statement;&nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;assesses
the independence of, retains and oversees compensation consultants, outside counsel and other advisors assisting the committee
with the performance of its duties; &nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;reviews
and reassesses annually the Compensation Committee Charter and recommends any proposed changes to the Board of Directors for approval;
and&nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;issues
a report annually related to executive compensation, as required by the SEC&rsquo;s proxy solicitation rules. &nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>NOMINATING AND CORPORATE GOVERNANCE
COMMITTEE</B>&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>&nbsp;</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>Current Members:&nbsp;</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">Claude B. Nielsen,&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 17.1pt">Chairman&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">Toni Jennings&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">Monica McGurk&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">James K. Lowder&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">Philip W. Norwood&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">William B. Sansom</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>Number of meetings</I></B>&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>held in 2016:</I></B> Five&nbsp;</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>Committee Functions:&nbsp;</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;provides
assistance and oversight in identifying qualified candidates to serve as members of the Board of Directors;&nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;reviews
the qualification and performance of incumbent directors to determine whether to recommend them as nominees for re-election;&nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;reviews
and considers candidates for directors who may be suggested by any director or executive officer, or by any shareholder if made
in accordance with our charter, bylaws and applicable law; &nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;recommends
to the Board of Directors members to serve on the committees of the Board of Directors;&nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;oversees
the annual evaluation of the effectiveness of the current policies and practices of the Board of Directors and its committees;
&nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;reviews
and reassesses annually the Nominating and Corporate Governance Committee Charter and submits any proposed changes to the Board
of Directors for approval; and&nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;reviews
and recommends to the Board of Directors appropriate corporate governance principles that best serve the practices and objectives
of the Board of Directors.</FONT></P></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">14</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 20 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>REAL ESTATE INVESTMENT COMMITTEE</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; width: 24%">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>Current Members:&nbsp;</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">H. Eric Bolton, Jr.,&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 17.1pt">Chairman&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">Thomas H. Lowder&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">Philip W. Norwood&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">W. Reid Sanders&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">David P. Stockert</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 8.1pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>Number of meetings&nbsp;</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>held in 2016:</I></B> Five&nbsp;</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; width: 76%">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><I>Committee Functions:&nbsp;</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;considers and approves or disapproves specific property acquisitions, dispositions or development projects within approval levels
established annually by the Board of Directors;&nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;refers and makes a recommendation on proposed property acquisitions or development projects outside the approval levels established
annually by the Board of Directors; &nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;reviews and reassesses annually the Real Estate Investment Committee Charter and submits to the Board of Directors any recommended
changes; and&nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;approves disposition of individual properties not included in the annual strategic plan reviewed and approved by the Board of Directors.</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 26.1pt; text-indent: -0.25in">&nbsp;</P></TD></TR>
</TABLE>
<BR>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid">DOES THE AUDIT COMMITTEE
HAVE AN AUDIT COMMITTEE FINANCIAL EXPERT?</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our Board of Directors has determined that
both Alan B. Graf, Jr. and Russell R. French meet the qualifications of an audit committee financial expert as defined by applicable
SEC rules and an independent director under applicable NYSE rules.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid">HOW DOES THE BOARD OF DIRECTORS
SELECT DIRECTOR NOMINEES?</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">At the Annual Meeting, shareholders are
being asked to elect H. Eric Bolton, Jr., Russell R. French, Alan B. Graf, Jr., Toni Jennings, James K. Lowder, Thomas H. Lowder,
Monica McGurk, Claude B. Nielsen, Philip W. Norwood, W. Reid Sanders, Gary Shorb and David P. Stockert to serve until the 2018
Annual Meeting of Shareholders and until their successors are duly elected and qualified.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: italic bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-style: normal"><U>Director Recommendation
Policy</U></FONT></P>

<P STYLE="font: italic bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">It is the policy of the Nominating and Corporate
Governance Committee to review and consider all candidates for nomination and election as directors who may be suggested by any
of our directors or executive officers. It is also our policy to refer to our Nominating and Corporate Governance Committee for
consideration any director candidate recommended by any shareholder if recommended in accordance with our Charter, Bylaws and applicable
law.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">If you would like to recommend a director
candidate to our Nominating and Corporate Governance Committee, the recommendation must include the information specified in our
Bylaws and must be received at our executive offices no later than December 20, 2017 for consideration by our Nominating and Corporate
Governance Committee. If instead of recommending a director candidate, you would like to nominate a candidate directly for election
by our shareholders, you must provide us the information required by our Bylaws, follow the procedures provided in our Bylaws and
outlined above under the caption &ldquo;How and When May I Submit a Shareholder Proposal for the 2018 Annual Meeting of Shareholders?&rdquo;
on page 6 and prepare your own proxy materials for our shareholders.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: italic bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-style: normal"><U>Minimum
Director Qualifications</U></FONT></P>

<P STYLE="font: italic bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Nominating and Corporate Governance
Committee along with our Board of Directors is responsible for determining the skills and characteristics that need to be met by
each director and director nominee in exercising their fiduciary duty to shareholders. In determining director or director nominee
qualifications, general requirements applicable to all directors as well as individual skills and</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">15</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 21 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0">experiences that should be represented
on the Board of Directors as a whole, but not necessarily by each director, are considered.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Nominating and Corporate Governance
Committee considers each director nominee&rsquo;s integrity, judgment, experience, independence, material relationships with us,
time availability, service on other boards of directors and their committees, or any other characteristics that may prove relevant
at any given time as determined by the Nominating and Corporate Governance Committee. A director or director nominee&rsquo;s knowledge
and/or experience in areas such as, but not limited to, real estate investing or other related industries, REITs, management, leadership,
public companies, equity and debt capital markets, and public company financial accounting are likely to be considered both in
relation to the individual&rsquo;s qualification to serve on our Board of Directors and the needs of our Board of Directors, as
a whole.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Nominating and Corporate Governance
Committee seeks to provide diversity on our Board of Directors with a depth of experience and differences in viewpoints and skills.
While the Nominating and Corporate Governance Committee does not have a policy about diversity as it pertains solely to our Board
of Directors, all of our directors are participants along with our employees in our Code of Conduct which embodies diversity as
a tremendous asset and one which should be actively embraced. The Nominating and Corporate Governance Committee seeks to embody
the spirit of our Code of Conduct by valuing a diversity of experiences and perspectives in our directors and director nominees.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The retirement age for our directors is
75. Our Corporate Governance Guidelines provide that no director may be nominated to a new term after his or her 75<SUP>th</SUP>
birthday, unless the Board of Directors waives the retirement age for a specific director for special circumstances. While it is
believed that a director&rsquo;s knowledge and/or experience can continue to provide benefit to our Board of Directors following
a director&rsquo;s retirement from their primary work affiliation, it is recognized that a director&rsquo;s knowledge of and involvement
in ever changing business environments can weaken and therefore their ability to continue to be an active contributor to our Board
of Directors will be reviewed. Upon a director&rsquo;s change in employment status, they are required to notify the Chairman of
our Board of Directors and the Nominating and Corporate Governance Committee of such change and to offer their resignation for
review.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Members of the Nominating and Corporate
Governance Committee as well as other members of the Board of Directors and members of executive management may meet with directors
or director nominees for purposes of determining their qualifications.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; border-bottom: Black 1pt solid">CAN
I COMMUNICATE DIRECTLY WITH THE BOARD OF DIRECTORS?</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Yes. Shareholders and
other interested parties may communicate in writing with our Board of Directors, any of its committees, its non-management directors
as a group or its independent directors as a group by using the following address:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">MAA&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">ATTN: Corporate
Secretary&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">6584 Poplar Avenue&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">Memphis, TN 38138</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">RE: <I>{group
being addressed}</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">16</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<!-- Field: Page; Sequence: 22 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&nbsp;</P>


<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid">DO WE HAVE A CODE OF CONDUCT?&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Yes. Our Board of Directors has adopted
a Code of Conduct applicable to our executive officers, including the Chief Executive Officer, or CEO, and Chief Financial Officer,
or CFO, as well as our directors and all employees. The Code of Conduct is available in the &ldquo;Governance Documents&rdquo;
section of the &ldquo;Corporate Overview&rdquo; link on the &ldquo;For Investors&rdquo; page of our website at http://ir.maac.com.
We intend to post amendments to or waivers from our Code of Conduct (to the extent applicable to our CEO, Principal Financial Officer
or Principal Accounting Officer) at this location on our website. No waivers to the Code of Conduct have been made as of the date
of this document. Information from our website is not incorporated by reference into this Proxy Statement.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>WHAT ROLE DOES THE BOARD
OF DIRECTORS PLAY IN RISK MANAGEMENT? </B>&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Both
the Board of Directors as a whole and its respective committees serve an active role in overseeing management of our risks. Our
Board of Directors regularly reviews, with members of our senior management and outside advisors, information regarding our strategy
and key areas of the company including operations, finance, legal and regulatory, as well as the risks associated with each. Senior
management as well as outside advisors also periodically meet with each committee and make representations associated with the
risks relevant to the respective committee&rsquo;s area of focus. The Compensation Committee is responsible for overseeing the
management of risks relating to our executive compensation plans and reviewing the risks associated with our overall compensation
practices and policies for all of our employees. The Audit Committee oversees risks associated with financial matters such as accounting,
internal controls over financial reporting, tax (including REIT compliance), fraud assessment and financial policies. The Nominating
and Corporate Governance Committee manages risks associated with corporate governance policies, the independence of our Board of
Directors and potential conflicts of interest. While each committee is responsible for evaluating certain risks and overseeing
the management of such risks, our Board of Directors is regularly informed through committee reports about such risks.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid">WHAT IS THE ROLE OF THE
COMPENSATION COMMITTEE?&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><I>Scope of Authority</I>. The Compensation
Committee reviews and approves our compensation objectives and our compensation programs, plans, and awards for executive officers,
among other things. The Compensation Committee&rsquo;s charter can be found in the &ldquo;Governance Documents&rdquo; section in
the &ldquo;Corporate Overview&rdquo; link on the &ldquo;For Investors&rdquo; page of our website at http://ir.maac.com. Information
from our website is not incorporated by reference into this Proxy Statement. The Compensation Committee reviews its charter on
an annual basis and, if necessary, recommends changes to the charter to our Board of Directors for approval.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Currently, the Compensation Committee consists
of Philip W. Norwood (Chair), Toni Jennings, Monica McGurk, Claude B. Nielsen and William B. Sansom, each of whom is an independent
director as affirmatively determined by our Board of Directors. Our Board of Directors consults with our General Counsel to ensure
that our Board of Directors&rsquo; determinations are consistent with all relevant securities and other laws and regulations regarding
the definition of &ldquo;independent,&rdquo; including those set forth in pertinent listing standards of the NYSE, as in effect
from time-to-time.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Mr. Norwood, as Chair of the Compensation
Committee, is responsible for setting the agenda for meetings. The Compensation Committee may delegate any of its responsibilities
to a subcommittee comprised of two or more members of the Compensation Committee, and may delegate authority to make grants and
awards under any equity-based plan to the CEO with such limitations as determined by the Compensation Committee and as may be required
by law or the listing standards of the NYSE. To date, the Compensation Committee has made no such delegation of its responsibilities.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">17</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 23 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><I>Roles of Executives in Establishing Compensation.
</I>While H. Eric Bolton, Jr., our CEO, does participate in general meetings of the Compensation Committee, he does not participate
in executive sessions nor does he participate in any discussions determining his own compensation. Annually, upon request from
the Compensation Committee, Mr. Bolton provides the Compensation Committee with data pertinent to his and other executive officer&rsquo;s
compensation. This information may from time-to-time include peer executive compensation levels, achievement of individual performance
components of their annual bonus plans or data pertinent to their annual base salary increases. The Compensation Committee utilizes
this information, along with input from committee members and, at times, outside consultants before making final independent compensation
decisions. Mr. Bolton also provides data pertinent to the terms of our long-term incentive plans to the Compensation Committee,
upon their request. At the end of any incentive or bonus plan measurement period, Mr. Bolton, along with our Corporate Secretary
and/or General Counsel, prepares and presents to the Compensation Committee, the preliminary results of the plan for the committee&rsquo;s
review and, if necessary, further evaluation and/or adjustment. All incentive plans are ultimately developed and adopted by the
Compensation Committee.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><I>Use of Compensation Consultant</I>. The
Compensation Committee has the power and authority to hire outside advisors or consultants to assist the committee in fulfilling
its responsibilities, at our expense and upon terms established by the Compensation Committee. The Compensation Committee has periodically
hired external consultants to review the compensation program offered to executive management, benchmark it against industry and
peer levels, and offer suggestions for changes. The Compensation Committee utilized Semler Brossy to consult on executive and director
compensation for 2016. Semler Brossy does not provide any other services to the company or management.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: white; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040"><A NAME="maadef14aa005"></A><FONT STYLE="font-size: 14pt; text-transform: uppercase">Certain
Relationships and Related Transactions</FONT><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 0pt solid">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>GENERAL POLICY</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 0pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We have adopted a Code of Conduct, which
specifies our policy relating to conflicts of interest. The Code of Conduct states that a &ldquo;conflict of interest&rdquo; exists
when an individual&rsquo;s private interests interfere in any way or appear from the perspective of a reasonable person to interfere
in any way with the interests of the company. Under the Code of Conduct, an employee who becomes aware of a potential conflict
of interest must report the conflict to a supervisor, our legal department, internal audit department or human resources group.
If the potential conflict of interest involves our CEO, any of our executive officers, or a director, our Board of Directors will
determine whether to grant a waiver if a conflict of interest exists. On an annual basis, the Nominating and Corporate Governance
Committee, as well as the full Board of Directors, reviews the independence of each director, all transactions involving related
parties and any potential conflicts of interests. All transactions involving related parties must be approved by a majority of
the disinterested members of our Board of Directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Based on the information presented to it,
the Board of Directors and the Nominating and Corporate Governance Committee determined that no related party transactions occurred
or were proposed since the beginning of 2016.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>INDEBTEDNESS OF MANAGEMENT</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 00pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">None of our executive officers or directors
were indebted to us during 2016.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">18</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 12pt"><B><A NAME="maadef14aa006"></A>STOCK
OWNERSHIP</B></FONT><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0in; text-indent: 0in; border-bottom: Black 0pt solid">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0in; text-indent: 0in; border-bottom: Black 1pt solid"><B>SECURITY
OWNERSHIP OF CERTAIN BENEFICIAL OWNERS</B>&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The number of shares owned and percentage
ownership in the following table is based on 113,518,212 shares of common stock outstanding on December 31, 2016. The following
table sets forth information as of December 31, 2016, regarding each person known to us to be the beneficial owner of more than
five percent of our common stock. The information in the following table is based solely on Schedule 13G filings with the SEC by
the respective identified beneficial owners.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 23%; text-align: left; vertical-align: bottom; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Name and Address</B><BR>
    <B>of Beneficial Owner</B></FONT></TD>
    <TD STYLE="width: 2%; text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="width: 12%; text-align: left; vertical-align: bottom; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Amount and</B><BR>
    <B>Nature of</B><BR>
    <B>Beneficial</B><BR>
    <B>Ownership</B></FONT></TD>
    <TD STYLE="width: 2%; text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="width: 8%; text-align: left; vertical-align: bottom; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Percent</B><BR>
    <B>of Class</B></FONT></TD>
    <TD STYLE="width: 2%; text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="width: 51%; text-align: left; vertical-align: bottom; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Notes</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>The Vanguard Group</B><BR>
    100 Vanguard Blvd.<BR>
    Malvern, PA 19355</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">19,332,045</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">17.0%</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">The Schedule 13G indicates the entity has sole
    power to vote or to direct the vote for 327,637 shares, shared power to vote or to direct the vote for 146,876 shares, sole
    power to dispose or to direct the disposition of 19,011,635 shares, and shared power to dispose or to direct the disposition
    of 320,410 shares. The shares indicated include the 8,614,167 shares beneficially owned by Vanguard Specialized Funds &ndash;
    Vanguard REIT Index Fund, an affiliate of Vanguard Group, Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Vanguard Specialized Funds</B><BR>
    <B>- Vanguard REIT Index Fund</B><BR>
    100 Vanguard Blvd.<BR>
    Malvern, PA 19355</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">8,614,167</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">7.6%</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">The Schedule 13G indicates the entity has sole
    power to vote or to direct the vote for 8,614,167 shares. The shares indicated are included in the 19,332,045 shares beneficially
    owned by The Vanguard Group, Inc. and should not be added to those shares to indicate total beneficial ownership by The Vanguard
    Group, Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>BlackRock, Inc.</B><BR>
    55 East 52nd St<BR>
    New York, NY 10055</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">10,028,523</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">8.8%</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">The Schedule 13G indicates the entity has sole
    power to vote or to direct the vote for 8,879,374 shares and sole power to dispose or to direct the disposition of 10,028,523
    shares.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>State Street Corporation</B><BR>
    State Street Financial Center<BR>
    One Lincoln Street<BR>
    Boston, MA 02111</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">6,593,493</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">5.8%</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">The Schedule 13G indicates the entity has shared
    power to vote or to direct the vote for 6,593,493 shares, and shared power to dispose or to direct the disposition of 6,593,493
    shares.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: Red"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt; text-align: justify; text-indent: 0pt; border-bottom: Black 1pt solid"><B>SECURITY
OWNERSHIP OF MANAGEMENT</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 27pt">The number of shares owned and percentage
ownership in the following table is based on 113,550,375 shares of common stock outstanding on February 28, 2017. We have determined
beneficial ownership in accordance with the rules of the SEC. These rules generally attribute beneficial ownership of securities
to persons who possess sole or shared voting power or investment power with respect to those securities. In addition, the rules
include shares of common stock issuable pursuant to the exercise of stock options that are either immediately exercisable or exercisable
within 60 days of February 28, 2017. These shares are deemed to be outstanding and beneficially owned by the person holding those
options for the purpose of computing the percentage ownership of that person, but they are not treated as outstanding for the purpose
of computing the percentage ownership of any other person. Unless otherwise indicated, we believe that the persons identified in
this table have sole voting and investment power with respect to all shares shown as beneficially owned by them.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 27pt">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">19</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 27pt"></P>

<!-- Field: Page; Sequence: 25 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 27pt"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 27pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The following table sets forth the beneficial
ownership of our common stock as of February 28, 2017 by (i) each director, (ii) each director nominee, (iii) each executive officer
named in the Summary Compensation Table, and (iv) all directors, nominees and executive officers as a group. Unless otherwise indicated,
voting power and investment power are exercisable solely by the named person. The address of each officer, director and/or nominee
listed below is c/o 6584 Poplar Avenue, Memphis, Tennessee 38138.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 23%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Name of Beneficial<BR>
Owner</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Aggregate Number of<BR>
Shares<BR>
Beneficially<BR>
Owned</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Percent<BR>
of Class</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 51%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Notes</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">H. Eric Bolton, Jr. <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">326,429</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Includes 110,000 shares that Mr. Bolton has the current right to acquire upon redemption of limited partnership units; 7,672 shares attributed to Mr. Bolton in our Employee Stock Ownership Plan; and 9,139 shares owned in a joint account with his wife for which Mr. Bolton has shared voting and investment power.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Albert M. Campbell, III</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">46,941</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Includes 2,736 shares attributed to Mr. Campbell in our Employee Stock Ownership Plan; and 1,100 shares of which Mr. Campbell has shared voting and investment power, (100 shares held by Mr. Campbell through an individual retirement account, and 1,000 shares Mr. Campbell owns in a joint account with his wife).</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Robert J. DelPriore</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">19,459</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Russell R. French <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">23,855</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Includes 1,012 shares held in a deferred compensation account.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Alan B. Graf, Jr. <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">33,910</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Includes 24,780 shares held in a deferred compensation account.&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Thomas L. Grimes, Jr.</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">46,390</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Includes 3,453 shares attributed to Mr. Grimes in our Employee Stock Ownership Plan; and 1,266 shares owned by Mr. Grimes&rsquo; spouse in our Employee Stock Ownership Plan.&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Toni Jennings <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3,539</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">James K. Lowder <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">239,488</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Includes 233,716 shares that Mr. Lowder has the current right to acquire upon redemption of limited partnership units, as to 4,990 of which Mr. Lowder would have shared voting and investment power (4,990 owned by JKL Investments, LLC); and 1,800 shares that Mr. Lowder has the right to acquire upon the exercise of options. 208,726 of the limited partnership units owned by Mr. Lowder are pledged as collateral on various loans.</FONT></TD></TR>
</TABLE><P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">20</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
<BR>


<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<BR>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 23%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Name</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 12%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Aggregate Number of<BR>
Shares<BR>
Beneficially<BR>
Owned</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Percent of Class</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 51%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Notes</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Thomas H. Lowder <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">279,406</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Includes 248,654 shares that Mr. Lowder has the current right to acquire upon redemption of limited partnership units, 19,928 of which Mr. Lowder would have shared voting and investment power (19,928 owned by THL Investments, LLC); 631 shares held in a deferred compensation account; 25,791 shares held by Mr. Lowder through an individual retirement account for which Mr. Lowder has shared voting and investment power; and 357 shares indirectly owned by Mr. Lowder (357 shares owned by THL Investments, LLC).</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Monica McGurk <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1,840</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Includes 1,840 shares held in a deferred compensation account.&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Claude B. Nielsen <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">39,327</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Includes 2,111 shares that Mr. Nielsen has the current right to acquire upon redemption of limited partnership units; 6,176 shares held in a deferred compensation account; and 12,423 shares that Mr. Nielsen has the right to acquire upon the exercise of options.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Philip W. Norwood <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">21,165</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Includes 14,511 shares held in a deferred compensation account.&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">W. Reid Sanders <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">126,820</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Includes 107,000 shares that Mr. Sanders has the current right to acquire upon redemption of limited partnership units; 5,409 shares held in a deferred compensation account; 4,000 shares held by Mr. Sanders through an individual retirement account for which Mr. Sanders has shared voting and investment power; and 3,500 shares Mr. Sanders holds indirectly and for which he has shared voting and investment power, of which 2,300 shares Mr. Sanders has authority to vote as trustee or through a power-of-attorney and 1,200 shares owned by Mr. Sanders&rsquo; spouse.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">William B. Sansom</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">17,741</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Includes 9,467 shares held in a deferred compensation account.&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Gary Shorb <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">13,285</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Includes 9,535 shares held in a deferred compensation account.&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">David P. Stockert <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">187,871</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Includes 54,812 shares owned by Mr. Stockert&rsquo;s spouse and 41,498 shares that Mr. Stockert has the right to acquire upon the exercise of options.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">All Directors, Director Nominees and Executive Officers as a group (16 persons)</FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1,427,466</FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.25%</FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Includes 701,481 shares that may be acquired upon redemption of limited partnership units; 73,361 shares held in deferred compensation accounts; 15,127 shares held in our Employee Stock Ownership Plan; and 55,721 shares that may be acquired upon the exercise of options.</FONT></TD></TR>
</TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt">(1)</TD><TD>Represents less than 1% of the total.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 27pt">(2)</TD><TD>Director nominee.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">21</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; border-bottom: Black 1pt solid"><B>SECTION
16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Section 16(a) of the Exchange Act requires
our directors, executive officers and certain beneficial owners of more than 10% of our common stock, to file with the Commission
initial reports of ownership and reports of changes in ownership of our common stock and furnish us with copies of all forms filed.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">To our knowledge, based
solely on review of the copies of such reports furnished us and representations that no other reports were required, during the
past fiscal year all Section 16(a) filing requirements applicable to our directors and executive officers were completed on a timely
basis.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: italic bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 14pt; font-style: normal"><A NAME="maadef14aa007"></A>EXECUTIVE
OFFICERS</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The following individuals served as our
named executive officers in 2016:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 25%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Name and Position</B></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 5%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Age</B></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 66%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Experience</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>H. Eric Bolton, Jr.</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><I>Chairman of the Board of <BR>
Directors</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><I>and Chief Executive Officer</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">60</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.3pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr. Bolton joined us in 1994 as Vice President of Development and was named Chief Operating Officer in February 1996 and promoted to President in December 1996. Mr. Bolton assumed the position of Chief Executive Officer in October 2001 and became Chairman of the Board of Directors in September 2002. Prior to joining us, Mr. Bolton was with Trammell Crow Company for more than five years, and was Executive Vice President and Chief Financial Officer of Trammell Crow Realty Advisors.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Albert M. Campbell, III</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><I>Executive Vice President <BR>
and Chief Financial Officer</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">50</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Prior to his appointment as Chief Financial Officer in January 2010, Mr. Campbell served as our Executive Vice President, Treasurer and Director of Financial Planning and was responsible for managing the funding requirements of the business to support corporate strategy.&nbsp;&nbsp;Mr. Campbell joined us in 1998 and was initially responsible for external reporting and financial planning.&nbsp;&nbsp;Prior to joining us, Mr. Campbell worked as a Certified Public Accountant with Arthur Andersen and served in various finance and accounting roles with Thomas &amp; Betts Corporation.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Robert J. DelPriore</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><I>Executive Vice President <BR>
and General Counsel</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">48</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr. DelPriore joined us in August 2013. Prior to joining us, Mr. DelPriore was a partner in the securities department of Baker, Donelson, Bearman, Caldwell &amp; Berkowitz, PC from February 2008 through August 2013; during which time he served as counsel to MAA. Prior to that, Mr. DelPriore was a partner in the corporate securities group of Bass, Berry &amp; Sims PLC; during which time he served as counsel to MAA.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 2pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Thomas L. Grimes, Jr.</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><I>Executive Vice President <BR>
and Chief Operating Officer</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P></TD>
    <TD STYLE="border-bottom: Black 2pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">48</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr. Grimes was promoted to Chief Operating Officer in December 2011, having previously served as Executive Vice President and Director of Property Management.&nbsp;&nbsp;Prior to this position, Mr. Grimes served us as an Operations Director over the Central and North Regions. Mr. Grimes also served as Director of Business Development where he worked with our joint venture partners, managed our new development efforts and directed our ancillary income business. Mr. Grimes joined us in 1994.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">22</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>
<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 14pt"><B><A NAME="maadef14aa008"></A>COMPENSATION
DISCUSSION AND ANALYSIS</B></FONT></P>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border: Black 2pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 14pt"><B><A NAME="maadef14aa009"></A>EXECUTIVE
    SUMMARY</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; "><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>INTRODUCTION</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our Compensation Discussion and Analysis
provides a detailed discussion of our executive compensation philosophy, objectives and programs, the compensation decisions the
Compensation Committee has made under those programs and the factors considered in making those decisions. Our Compensation Discussion
and Analysis focuses on the compensation of our named executive officers for 2016, who were:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 80%; border-collapse: collapse; margin-left: 0.5in">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%; border-bottom: Black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Name</B></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 58%; border-bottom: Black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Title</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">H. Eric Bolton, Jr.</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Chairman of the Board of Directors and Chief Executive Officer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Albert M. Campbell, III</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Executive Vice President and Chief Financial Officer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Robert J. DelPriore</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Executive Vice President and General Counsel</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 2pt solid; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Thomas L. Grimes, Jr.</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt solid; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Executive Vice President and Chief Operating Officer</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our compensation philosophy is that compensation
for all employees, including our named executive officers, should be:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">fair and equitable when viewed both internally and externally; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">competitive in order to attract and retain the best qualified individuals;
and </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">aligned with performance. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We have designed our compensation programs
to reflect each of these characteristics. Our named executive officers receive a compensation package that primarily consists of
an annual base salary, annual incentive awards and long-term incentive awards. The performance-based incentives seek to reward
both short-term and long-term results and to align the interests of our named executive officers and other participants with the
interests of our shareholders. Generally, our long-term compensation is in the form of restricted shares of our common stock, where
the majority of the opportunity for our named executive officers is in the form of performance shares which may only be earned
based on the achievement of specified total shareholder return results and other company performance metrics. Our Board of Directors
has established stock ownership guidelines of three times annual base salary for our Chief Executive Officer and two times annual
base salary for our other named executive officers, which acts to further align the interests of our named executive officers with
those of our shareholders.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>2016 SAY ON PAY VOTE</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">As previously announced at the 2016 Annual
Meeting of Shareholders, our executive officer compensation for 2015 was approved by over 96% of the votes cast on the matter.
The Compensation Committee and MAA considered these results to be an endorsement by shareholders of our target level and actual
executive compensation.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">23</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 29 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; "><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>2016 ACHIEVEMENTS AND VALUE
CREATION</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our Net Income Available for MAA Common
Shareholders for the year was $2.69 per diluted common share, which was a decrease from $4.41 per diluted common share for the
prior year. Results for 2016 included $0.52 per diluted common share of merger and integration costs related to the merger with
Post Properties and $1.05 per diluted common share of gains related to the sale of real estate assets. Results for 2015 were not
impacted by any merger and integration costs and included $2.53 per diluted common share of gains related to the sale of real estate
assets.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our Core Funds From Operations, or Core
FFO, for the year was $5.91 per diluted common share and unit, or per Share, which represented 7.3% growth over the prior year.
For a description of how we calculate Core FFO and a reconciliation to its most comparable U.S. generally accepted accounting principles,
or GAAP, measure, see &ldquo;Pay for Performance Analysis &ndash; Operating Performance&rdquo; on page 28 and Appendix A.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We completed our merger with Post Properties
on December 1, 2016, forming a combined company with equity market capitalization of approximately $11 billion and total market
capitalization of approximately $15 billion, as of the effective date of the merger. Following the merger, Standard &amp; Poor&rsquo;s
Ratings Services upgraded our senior unsecured rating to BBB+ with a stable outlook and MAA was added to the benchmark S&amp;P
500 Index.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">In addition to the merger, we continued
to recycle capital in 2016, selling twelve communities for combined gross proceeds of $265 million and acquiring five communities
for a combined purchase price of $334 million, producing $80 million of recorded gains on sale.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Total shareholder return for 2016 was 11.6%,
inclusive of approximately $248 million paid to common shareholders in the form of cash dividends, significantly outperforming
the SNL US REIT Multifamily Index and the SNL US REIT Equity Index, both benchmark indices for our industry.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; border-top: Black 1pt solid">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; "><B>2016 Total
Shareholder Return</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; ">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; "><IMG SRC="maadef14a005.jpg" ALT="(BAR CHART)">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; ">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; ">Total shareholder return is
a measure of the performance of shares of stock over time. It combines share price appreciation and the reinvestment of dividends
paid to show the total return to the shareholder expressed as an annualized percentage.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; ">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">24</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>SUMMARY OF 2016 NAMED EXECUTIVE
OFFICERS&rsquo; COMPENSATION</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The following charts provide a summary of
the various elements of compensation awarded to our named executive officers for 2016. Further discussion regarding the amounts
and how they were determined can be found in &ldquo;What We Pay and Why: Elements of Compensation&rdquo; beginning on page 36.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Base Salary</U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The following table indicates the base salaries
and percent increases from the prior year for our named executive officers:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; "></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 50%; border-collapse: collapse; font-size: 10pt; margin-left: 0.5in">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-family: Calibri,sans-serif; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-family: Calibri,sans-serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Base
    Salary</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: left; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Percent</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 16%; font-family: Calibri,sans-serif; text-align: left; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; font-family: Calibri,sans-serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>2016</B></FONT></TD>
    <TD STYLE="width: 2%; text-align: left; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 10%; font-family: Calibri,sans-serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>2015</B></FONT></TD>
    <TD STYLE="width: 2%; text-align: left; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 10%; font-family: Calibri,sans-serif; text-align: left; padding-left: 5.4pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Increase</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-family: Calibri,sans-serif; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr. Bolton</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$ 640,000</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$ 612,000</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.6%</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-family: Calibri,sans-serif; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr. Campbell</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$ 400,000</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$ 357,000</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">12.0%</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-family: Calibri,sans-serif; padding-left: 5.4pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr. DelPriore</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$ 390,000</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$ 340,000</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">14.7%</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-family: Calibri,sans-serif; padding-left: 5.4pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr. Grimes</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: center; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$ 410,000</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: center; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$ 367,200</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: right; padding-right: 5.4pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">11.7%</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; "></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; ">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Annual Incentive Compensation</U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Annual incentive compensation is intended
to compensate our named executive officers for achieving our annual financial goals. Our named executive officers earned the following
annual bonuses for 2016:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; "></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 65%; border-collapse: collapse; font-size: 10pt; margin-left: 0.5in">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-family: Calibri,sans-serif; text-align: center; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="6" STYLE="font-family: Calibri,sans-serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>2016
    Annual Bonus Paid in 2017</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-family: Calibri,sans-serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Calibri,sans-serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Cash</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Percent
    of 2016</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Percent
    of Maximum</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-family: Calibri,sans-serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Calibri,sans-serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Amount</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Base
    Salary</B></FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Opportunity
    Earned</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-family: Calibri,sans-serif; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr.
    Bolton</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$ </FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1,600,000</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">250%</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">100%</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="width: 17%; font-family: Calibri,sans-serif; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr.
    Campbell</FONT></TD>
    <TD STYLE="width: 1%; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="width: 8%; font-family: Calibri,sans-serif; text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">600,000</FONT></TD>
    <TD STYLE="width: 2%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 15%; font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">150%</FONT></TD>
    <TD STYLE="width: 2%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 20%; font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">100%</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="font-family: Calibri,sans-serif; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr.
    DelPriore</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">585,000</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">150%</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">100%</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="font-family: Calibri,sans-serif; padding-left: 5.4pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr.
    Grimes</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: right; padding-right: 5.4pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">820,000</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: center; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">200%</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif; text-align: center; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">100%</FONT></TD></TR>
</TABLE>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; ">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">25</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; ">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Long-Term Incentive Compensation</U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; text-align: left">Equity-based plans provide for longer-term
incentives that both align executive officer performance with our long-term goals and offer a retention component to the compensation
package. Under our 2016 Long Term Incentive Program, or 2016 LTIP, our named executive officers have received the following awards
to date:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; "></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">Additional</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">Maximum</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; text-align: center">Earned to Date</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">Shares</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">Potential</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">Number of</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">Issue</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">That Can</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">Shares</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">Shares</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">Date</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">Be Earned</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 5.4pt">Mr. Bolton</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 58%; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Time vested shares <SUP>(1)</SUP></FONT></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 7%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">5,673</TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 7%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">5,673</TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 9%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1/8/2016</FONT></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 7%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&mdash;</TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.25in">Performance-based shares <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Core
    FFO per Share <SUP>(2)</SUP></FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">8,509</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">8,509</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3/24/2017</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&mdash;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid; padding-left: 0.375in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3-Year total shareholder return <SUP>(3)</SUP></FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">14,182</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">&mdash;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">N/A</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">14,182</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 5.4pt">Mr. Campbell</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Time vested shares <SUP>(1)</SUP></FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">2,659</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">2,659</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1/8/2016</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&mdash;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Performance-based
    shares Core FFO per Share <SUP>(2)</SUP></FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">3,989</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">3,989</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3/24/2017</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&mdash;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid; padding-left: 0.375in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3-Year total shareholder return <SUP>(3)</SUP></FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">6,648</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">&mdash;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">N/A</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">6,648</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 5.4pt">Mr. DelPriore</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Time vested shares <SUP>(1)</SUP></FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">2,161</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">2,161</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1/8/2016</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&mdash;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Performance-based
    shares Core FFO per Share <SUP>(2)</SUP></FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">3,241</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">3,241</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3/24/2017</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&mdash;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid; padding-left: 0.375in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3-Year total shareholder return <SUP>(3)</SUP></FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">5,402</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">&mdash;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">N/A</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">5,402</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 5.4pt">Mr. Grimes</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Time vested shares <SUP>(1)</SUP></FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">2,726</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">2,726</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1/8/2016</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&mdash;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Performance-based
    shares Core FFO per Share <SUP>(2)</SUP></FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">4,089</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">4,089</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3/24/2017</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&mdash;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid; padding-left: 0.375in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3-Year total shareholder return <SUP>(3)</SUP></FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt solid">6,814</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt solid">&mdash;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">N/A</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt solid">6,814</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD></TR>
</TABLE>







<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(1)</TD><TD>The time vested shares represent 20% of the total award opportunity under the 2016 LTIP for named executive officers. The shares
vest 20% annually on the first, second, third, fourth and fifth anniversary of the issue date subject to continued employment through
each vest date. No additional shares can be issued under this tranche of the 2016 LTIP. See pages 41 through 45 for additional
information.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(2)</TD><TD>The Core FFO per Share, performance shares represent 30% of the total award opportunity under the 2016 LTIP for named executive
officers. The shares vest 50% annually on the first and second anniversary of the issue date subject to continued employment through
each vest date. No additional shares can be earned under this tranche of the 2016 LTIP. See pages 41 through 45 for additional
information.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">26</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 32 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>




<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(3)</TD><TD>The 3-year total shareholder return performance shares represent 50% of the total award opportunity under the 2016 LTIP for
named executive officers. The performance period for this tranche is from January 1, 2016 through December 31, 2018. Any shares
earned under this tranche will be issued on March 25, 2019 and will immediately vest at that time subject to continued employment
through the issue date. See pages 41 through 45 for additional information.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border: Black 2pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 14pt"><B><A NAME="maadef14aa010"></A>SAY
    ON PAY RESULTS</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">As previously announced at the 2016 Annual
Meeting of Shareholders, our named executive officer compensation for 2015 was approved by over 96% of the votes cast on the matter.
We believe our programs are effectively designed and working well in alignment with the interests of our shareholders and are instrumental
to achieving our business strategy. In determining executive compensation for 2016, the Compensation Committee considered the overwhelming
shareholder support that the &ldquo;Say-on-Pay&rdquo; proposal received. As a result, the Compensation Committee continued to apply
the same effective principles and philosophy it has used previously in determining executive compensation and will continue to
consider shareholder concerns and feedback in the future.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">At the Annual Meeting, we are again holding
an annual advisory vote to approve named executive officer compensation (see page 83). The Compensation Committee will continue
to consider the results from this year&rsquo;s and future advisory votes on executive compensation, as well as feedback from shareholders
throughout the course of such year.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">In addition, we are also holding an advisory
vote on the frequency of such advisory votes on executive compensation at our Annual Meeting (see page 85).The Compensation Committee
will continue to consider the results from this year&rsquo;s and future advisory votes on the frequency of advisory votes on executive
compensation, as well as feedback from shareholders throughout the course of such year.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border: Black 2pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 14pt"><B><A NAME="maadef14aa011"></A>PAY
    FOR PERFORMANCE ANALYSIS</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>HOW PAY IS TIED TO COMPANY
PERFORMANCE</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our compensation programs are designed to
reward employees for producing sustainable growth, to attract and retain world-class talent and to align compensation with the
long-term interests of our shareholders. The Compensation Committee strongly believes that executive compensation &mdash; both
pay opportunities and pay actually realized &mdash; should be tied to our performance. The Compensation Committee views performance
in two primary ways:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">our operating performance; and </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">return to shareholders over time relative to other multifamily REITs
and other peer companies. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">27</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>
<!-- Field: Page; Sequence: 33 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Operating Performance </U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We had strong financial results in 2016,
as more specifically described under the heading &ldquo;Management&rsquo;s Discussion and Analysis&rdquo; in our Annual Report
on Form 10-K. Highlights for 2016 include:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Net Income Available for MAA Common Shareholders was $2.69 per diluted
common share including $0.52 per diluted common share of dilution from merger and integration costs associated with our merger
with Post Properties and $1.05 per diluted common share of gains related to the sale of real estate assets. Results for 2015 of
$4.41 per diluted common share were not impacted my merger and integration costs and included $2.53 per diluted common share of
gains related to the sale of real estate assets.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Core FFO for the year was $490.3 million and Core FFO per Share for
the year was $5.91, a 7.3% increase over the prior year;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Completed a merger with Post Properties, forming a combined company
with equity market capitalization of approximately $11 billion and total market capitalization of approximately $15 billion, as
of December 1, 2016, the effective date of the merger;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Acquired five multifamily communities for a total combined capital
investment of $334 million; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Sold 12 multifamily communities for total combined gross proceeds
of $265 million and a combined total gain on sale of approximately $80 million, achieving a combined leveraged IRR of 20.3%;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Invested $58.9 million in new development during 2016 and had 9 development
projects underway containing 2,816 units, with a total projected cost of approximately $561.8 million, of which, approximately
$200.0 million remained to be spent, as of December 31, 2016;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">As of December 31, 2016, MAA had 3 communities in lease-up with average
physical occupancy of 83.0%;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Completed the redevelopment of 6,812 apartment units for a total investment
of approximately $31 million, achieving average rental rate increases of 9.8% above non-renovated units;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Ended the year with record low leverage of Debt to Total Capitalization
of 28.1% and Total Debt to Gross Assets of 33.9%, a decline of 720 basis points from 2015; and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Unencumbered Assets increased to 80.3% of Gross Assets as of December
31, 2016, compared to 72.0% as of December 31, 2015.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Core FFO, a non-GAAP financial measure,
represents FFO further adjusted for items that are not considered part of our core business operations such as Acquisition, Merger
and Integration Expenses, Mark-to-Market Debt Adjustments, Loss or Gain on Debt Extinguishment, and Loss or Gain on Sale of Non-Depreciable
Assets. FFO, a non-GAAP financial measure, represents Net Income Available for Common Shareholders (computed in accordance with
U.S. generally accepted accounting principles, or GAAP) excluding Extraordinary Items, Asset Impairment, Gains or Losses on Disposition
of Real Estate</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">28</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>
<!-- Field: Page; Sequence: 34 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Assets, plus Net Income Attributable to Noncontrolling Interest, Depreciation of Real Estate, and adjustments for
joint ventures to reflect FFO on the same basis.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">While MAA&rsquo;s definition of Core FFO is similar
to others in the industry, MAA&rsquo;s precise methodology for calculating Core FFO may differ from that utilized by other REITs and,
accordingly, may not be comparable to such other REITs. Core FFO should not be considered as an alternative to net income. MAA
believes that Core FFO is helpful in understanding our core operating performance between periods in that it removes certain items
that by their nature are not comparable over periods and therefore tend to obscure actual operating performance. Our financial
measure calculated in accordance with GAAP that is most comparable to Core FFO is net income available for MAA common shareholders.
A reconciliation of the differences between Core FFO and Net Income available for MAA Common Shareholders is set forth on Appendix
A of this Proxy Statement.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Gross Assets, a non-GAAP financial measure,
represents Total Assets plus Accumulated Depreciation and the accumulated depreciation for corporate properties. We believe that
Gross Assets can be used as a helpful tool in evaluating our balance sheet positions as GAAP historical cost depreciation of real
estate assets is generally not correlated with changes in the value of those assets, whose value does not diminish predictably
over time, as historical cost depreciation implies. Our financial measure calculated in accordance with GAAP that is most comparable
to Gross Assets is Total Assets. A reconciliation of the differences between Gross Assets and Total Assets is set forth on Appendix
A of this Proxy Statement.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">29</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 35 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>


<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Return to Shareholders</U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Since April 1994, MAA has never failed to
pay a quarterly dividend to our common shareholders. In addition, MAA has never decreased the common shareholder dividend rate.
In 2016, MAA distributed $248 million to common shareholders in the form of dividends.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Quarterly
Dividend Rate per Common Share</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;<IMG SRC="maadef14a006.jpg" ALT="(BAR CHART)"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We have consistently returned significant
value to shareholders over the long term, based on total shareholder return. The below graph discloses MAA&rsquo;s annualized total
shareholder return rates over various periods of time against the SNL US REIT Equity Index and the SNL US REIT Multifamily Index,
both of which are comparative indexes for our industry. The SNL US REIT Multifamily Index is the index used to measure relative
total shareholder return performance in our long-term incentive plans, as it represents other REITs specializing in the multifamily
industry.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>Annualized Total Shareholder Return</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><IMG SRC="maadef14a007.jpg" ALT="(BAR CHART)">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Total shareholder return is a measure of the performance of
shares of stock over time. It combines share price appreciation and the reinvestment of dividends paid to show the total return
to the shareholder expressed as an annualized percentage.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">30</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 36 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The following chart shows how a $100 investment
in our common stock on December 31, 2011 would have grown to $191.15 on December 31, 2016, with dividends reinvested quarterly.
The chart also compares the total shareholder return on our common stock to the same investment in the S&amp;P 500 Index and the
FTSE NAREIT Equity REIT Index prepared by the National Association of Real Estate Investment Trusts, or NAREIT. The performance
chart is not necessarily indicative of future investment performance.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>Total Return Performance</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><IMG SRC="maadef14a008.jpg" ALT="(LINE GRAPH)">&nbsp;</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: Red">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>UNDERSTANDING MR. BOLTON&rsquo;S
PAY</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">This section provides additional detail on the rationale for
Mr. Bolton&rsquo;s pay.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Mr. Bolton&rsquo;s Accomplishments as Chief Executive
Officer</U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Under the leadership of Mr. Bolton, who
became Chief Executive Officer in October 2001 and Chairman of the Board of Directors in September 2002, we have performed very
well and delivered significant value to shareholders. In addition, the Compensation Committee believes that Mr. Bolton&rsquo;s
strategic vision and focus on long-term sustainable growth has laid a solid foundation for future growth. The Compensation Committee
believes that Mr. Bolton&rsquo;s leadership has directly contributed to our excellent performance over the last several years
and should be appropriately rewarded.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">31</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>



<!-- Field: Page; Sequence: 37 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-indent: -31.5pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><B>Recent
MAA Milestones</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; border-top: Black 1pt solid"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B>2016</B></TD><TD>Achieved Core FFO of $490.3 million, or $5.91 per Share, a 7.3% increase over the prior year</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Consummated the merger with Post Properties moving
MAA to total market capitalization of approximately $15 billion as of December 1, 2016, the closing date of the merger</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Received upgrade to BBB+ with stable outlook from
Standard &amp; Poor&rsquo;s Ratings Services</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Named to S&amp;P 500 Index</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Acquired multifamily properties totaling approximately
$334 million and invested an additional $59 million in development</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Completed the disposition of approximately $265 million
in multi-family properties to support strategic re-cycling efforts while recognizing a gain of approximately $80 million</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Distributed $248 million to common shareholders in
dividends</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Raised annual dividend rate for 2017 to $3.48 per
share</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; border-top: Black 1pt solid"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0; border-top: Black 1pt solid"></TD><TD STYLE="width: 0.5in; border-top: Black 1pt solid"><B>2015</B></TD><TD STYLE="border-top: Black 1pt solid">Achieved Core FFO of $438.6 million, or $5.51 per Share, a 10.4% increase over the prior year</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Acquired multifamily properties and development land
totaling approximately $321 million and invested an additional $56 million in development, completing two multifamily projects</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Completed the disposition of approximately $354 million
in multi-family properties and an additional $9 million in non-apartment assets and land to support strategic re-cycling efforts
while recognizing a gain of approximately $190 million</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Distributed $232.1 million to common shareholders
in dividends</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Raised annual dividend rate for 2016 to $3.28 per
share</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; border-top: Black 1pt solid"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0; border-top: Black 1pt solid"></TD><TD STYLE="width: 0.5in; border-top: Black 1pt solid"><B>2014</B></TD><TD STYLE="border-top: Black 1pt solid">Achieved Core FFO of $395.7 million, or $4.99 per Share</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Completed systems conversions related to the merger
with Colonial Properties Trust, or Colonial, and captured 80 basis points improvement in operating margins for the legacy Colonial
portfolio as well as 30 basis points improvement in operating margin for the legacy MAA portfolio</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Completed the full integration of the operating and
management teams of both Colonial and MAA</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Acquired multifamily properties totaling $400 million
and completed development on an additional $131 million</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Completed the disposition of approximately $96 million
in non-apartment assets and land or non-productive assets assumed from the merger with Colonial at a gain of approximately $3.4
million, and completed the disposition of approximately $184 million in older apartment assets from both the legacy MAA and legacy
Colonial portfolios at a book gain of approximately $51 million</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Distributed $219.3 million to common shareholders
in dividends</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">Raised annual dividend rate for 2015 to $3.08 per
share</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-left: 0.5in"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">&nbsp;</P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">32</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>
<!-- Field: Page; Sequence: 38 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Compensation Committee Actions </U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">After considering our operating performance
and return to shareholders, Mr. Bolton&rsquo;s strong leadership and individual accomplishments, and findings of the Compensation
Committee&rsquo;s compensation consultant (see page 50), the Compensation Committee took the following actions with respect to
Mr. Bolton&rsquo;s 2016 compensation:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Base Salary</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.9pt">Increased base salary from $612,000 to $640,000.
        The Compensation Committee engaged Semler Brossy to provide compensation benchmarking data relative to our peer group and other
        market sources to assist in evaluating our executive compensation. Based on their analysis, Semler Brossy reported that Mr. Bolton&rsquo;s
        base salary was on par with the median of the peer group, and in the lower half of the NAREIT survey.&nbsp;As a result, the Compensation
        Committee recommended, and the Board of Directors approved, a 4.6% increase in Mr. Bolton&rsquo;s base salary for 2016 as the committee
        felt it better reflected the company&rsquo;s position within its peer group in terms of size, complexity and performance results.</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.9pt">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Annual Incentive</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The percent of salary opportunity available to Mr. Bolton for 2016 was held consistent with the prior year at 250%. While both of the peer comparisons provided by Semler Brossy reflected a target annual cash level below median, taking into account the increase in base salary and the compensation package in total, the Compensation Committee determined not to increase Mr. Bolton&rsquo;s annual incentive opportunity for 2016.</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Long-Term Equity Compensation</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">The total percent of salary opportunity available to Mr. Bolton
        for 2016 in the form of restricted stock awards through our long-term incentive programs was increased from 300% in the prior year
        to 400%. The total amount of the opportunity linked to performance-based metrics was increased from 70% to 80%. In addition, the
        performance-based metric opportunity linked to shareholder return performance was increased from 30% to 50% of the overall award
        opportunity. Performance-based long-term incentive compensation represents a significant component of Mr. Bolton&rsquo;s pay. This
        underscores the Compensation Committee&rsquo;s belief that this element is directly aligned with the interests of our shareholders
        and most closely linked to accomplishing our strategic vision. The amount awarded reflects the Compensation Committee&rsquo;s continued
        confidence in Mr. Bolton&rsquo;s strategic vision and leadership.</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt">33</TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;</P>
<!-- Field: Page; Sequence: 39 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border: Black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 14pt"><A NAME="maadef14aa012"></A><B>SUMMARY OF EXECUTIVE COMPENSATION PRACTICES</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our compensation philosophy is to drive
and support our long-term goal of sustainable growth and total shareholder return by paying for performance, with due consideration
to balancing risk and reward. By &ldquo;sustainable growth&rdquo; we mean investing in our long-term opportunities while meeting
our short-term commitments. The main objective of our executive officer compensation program is to align the interests of our executive
officers with the interests of shareholders. To achieve this alignment, we must attract and retain individuals with the appropriate
expertise and leadership ability, and we must motivate and reward them to build long-term shareholder value. We and our competitors
recruit from a limited pool of resources for individuals who are highly experienced, successful and well rewarded. Accordingly,
our executive officer compensation program is designed to link annual and long-term cash and stock incentives to the achievement
of measurable corporate, business unit and individual performance objectives and to align executive officers&rsquo; interest with
shareholder value creation. To achieve these objectives, the Compensation Committee reviews and approves corporate goals and objectives
relevant to compensation of our executive officers, evaluates executive officer performance in light of those goals and sets executive
officer compensation levels based on this evaluation.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Compensation Committee generally sets
executive compensation programs to be competitive with other well-managed, multi-family REITs, and other REITs and real estate
companies of comparable enterprise value size, taking into account individually each component of compensation. The Compensation
Committee intends for each component and the aggregate of the compensation program to be competitive and to address the Compensation
Committee&rsquo;s general underlying philosophy and policies for executive officer compensation:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">to align the financial interests of the executive officers with those
of our shareholders, both in the short and long term;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">to provide incentives for achieving and exceeding annual and long-term
performance goals; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">to attract, retain and motivate highly competent executives by providing
total compensation that is competitive with compensation at other well-managed REITs and real estate companies; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">to reward superior corporate and individual performance achieved through
ethical leadership; and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">to appropriately reward executive officers for creating long-term
shareholder value and returns.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our Compensation Committee evaluates the
effectiveness of our compensation programs by reviewing our performance as a whole and the performance of individual named executive
officers. In doing so, the Compensation Committee may take into account our strategy as annually presented to our Board of Directors;
the total return being delivered to our shareholders as well as the return being earned by the shareholders of our peers, market
or industry-related indices; our fiscal performance both annually and for longer-term periods; as well as the named executive officer&rsquo;s
individual goals. The Compensation Committee reviews all plans annually and adopts plans designed to align management interests
with those of our shareholders.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our compensation program is designed to
reward our executive officers when they achieve our annual business goals, build shareholder value and maintain long-term careers
with us. We reward</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt">34</TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 40 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0in">these three aspects so that the team will make balanced annual and long-term decisions that result in consistent
financial performance, innovation and collaboration.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Below, we summarize certain executive compensation
practices, both the practices we have implemented to drive performance and the practices we have not implemented because we do
not believe they would serve our shareholders&rsquo; long-term interest.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; border-bottom: Black 1pt solid"><B><I>What We Do</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Pay for performance (see pages 27 through 33) </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Mitigate undue risk in compensation programs (see page 47) </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Include vesting periods on performance share awards (see page 44)
</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Adopted share ownership guidelines (see page 51) </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Adopted holding period requirements for equity compensation (see page
51)</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Prohibit hedging transactions, pledging and short sales by executive
officers or directors (see page 52) </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Utilize an independent compensation consulting firm which provides
no other services for us (see page 50) </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Provide reasonable post-employment/change in control provisions (see
pages 67 through 69)</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Adopted a clawback policy (see page 52) </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; border-bottom: Black 1pt solid"><B><I>What We Don&rsquo;t
Do</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">No dividends or dividend equivalents on unearned performance shares</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">No repricing underwater stock options</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">No exchanges of underwater stock options for cash</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">No multi-year guaranteed bonuses</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">No inclusion of the value of equity awards in severance calculations
</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">No evergreen provisions in equity plans</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">No tax &ldquo;gross ups&rdquo; for excess parachute payments</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9679;</TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">No &ldquo;single trigger&rdquo; employment or change in control agreements</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt">35</TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>



<!-- Field: Page; Sequence: 41 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border: Black 1.5pt solid; padding-right: 5.4pt; padding-left: 0.25in; text-align: center; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 14pt"><A NAME="maadef14aa013"></A><B>WHAT WE PAY AND WHY: ELEMENTS OF COMPENSATION</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>OVERVIEW</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We have three elements of total direct compensation:
base salary, annual incentive, and long-term incentive compensation. As illustrated in the below chart, in 2016, 84% of the reported
named executive officers&rsquo; total direct compensation opportunity as a group was performance-based and not guaranteed, including
52% in the form of long-term incentive compensation.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>2016 Total Compensation Opportunity</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><IMG SRC="maadef14a009.jpg" ALT="(PIE CHART)">&nbsp;</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: Red">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt">36</TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 42 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our target total direct compensation table
below summarizes the levels established by our Compensation Committee with respect to salary, target annual and long-term incentives,
and target total direct compensation. We discuss each element of the table in the narrative that follows.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 92%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Mr. Bolton</B></FONT></TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Mr. Campbell</B></FONT></TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Mr. DelPriore</B></FONT></TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Mr. Grimes</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="width: 44%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Base Salary </B><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="width: 2%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="width: 8%; text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">640,000</FONT></TD>
    <TD STYLE="width: 2%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="width: 8%; text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">400,000</FONT></TD>
    <TD STYLE="width: 2%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="width: 8%; text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">390,000</FONT></TD>
    <TD STYLE="width: 2%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="width: 8%; text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">410,000</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Annual Incentive Program </B><SUP>(2)</SUP></FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Potential Percent of Base Salary</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0% - 250%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0% - 150%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0% - 150%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0% - 200%</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Target Percent of Base Salary</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">167.500%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">112.875%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">112.875%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">178.220%</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Dollar Target <SUP>(3)</SUP></FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,072,000</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">451,500</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">440,213</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">730,702</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>2016 LTIP</B></FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Potential Percent of Base Salary</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0% - 400%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0% - 300%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0% - 250%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0% - 300%</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Target Percent of Base Salary</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">288%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">216%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">180%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">216%</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Dollar Target <SUP>(4)</SUP></FONT></TD>
    <TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,843,200</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">864,000</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">702,000</FONT></TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">885,600</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Total Target Compensation</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>$</B></FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>3,555,200</B></FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>$</B></FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>1,715,500</B></FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>$</B></FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>1,532,213</B></FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>$</B></FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.4pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>2,026,302</B></FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(1)</TD><TD>These are the base salaries awarded by the Compensation Committee for 2016.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(2)</TD><TD>Does not reflect the 25% increase of award if participant elects to receive the award as shares of restricted stock.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(3)</TD><TD>Represents the target potential bonus payment under the Annual Incentive Program. More information on the Annual Incentive
Program can be found in the narrative that follows.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(4)</TD><TD>Represents the target award under the 2016 LTIP. More information on the 2016 LTIP can be found in the narrative that follows.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The amount of past compensation, including
annual bonus awards and amounts realized or realizable from prior long-term, equity-based incentives, is generally not a significant
factor in the Compensation Committee&rsquo;s considerations, because these awards would have been earned based on prior years&rsquo;
performance. The Compensation Committee does, however, consider the timing of prior awards when reviewing the retention aspects
of compensation packages.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>BASE SALARY</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We pay base salaries to attract talented
executives and to provide a fixed base of cash compensation. Because several other elements of compensation are driven by base
salary, the Compensation Committee is careful to set the appropriate level of base salary. A survey of our comparator group&rsquo;s
pay practices was considered in determining the salary range for each named executive officer. These ranges are used as guidelines
in determining individual salaries, but there is no targeted amount in the range.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt">37</TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>



<!-- Field: Page; Sequence: 43 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>


<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Base salaries for the named executive officers
are individually determined by the Compensation Committee within the appropriate salary range after consideration of:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">breadth, scope and complexity of the role; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">fairness (employees with similar responsibilities, experience and
historical performance are rewarded comparably) and affordability; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">current compensation; and </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">individual and corporate performance. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We do not set the base salary of any employee,
including any named executive officer, at a certain multiple of the salary of another employee.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Generally speaking, there are two situations
that may warrant an adjustment to base salary:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 86%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 17%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Annual Merit Increases</B></FONT></TD>
    <TD STYLE="width: 83%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">All employees&rsquo; base salaries are reviewed annually for possible merit increases, but merit increases are not automatic or guaranteed. Any adjustments take into account the individual&rsquo;s performance, responsibilities and experience, as well as fairness and external market practices.</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Promotions or Changes in Role</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Base salary may be increased to recognize additional responsibilities
        resulting from a change in an employee&rsquo;s role or a promotion to a new position. Increases are not guaranteed for a promotion
        or change in role.</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The following table indicates the base salaries
and percent increases from the prior year for our named executive officers:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 50%; font: 10pt Arial, Helvetica, Sans-Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Base
    Salary</FONT></TD><TD STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Percent</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2016</FONT></TD><TD STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2015</FONT></TD><TD STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Increase</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 18%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr. Bolton</FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$</FONT></TD><TD STYLE="width: 6%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">640,000</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$</FONT></TD><TD STYLE="width: 6%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">612,000</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 5%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.6</FONT></TD><TD STYLE="width: 2%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr. Campbell</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">400,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">357,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">12.0</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr. DelPriore</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">390,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">340,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">14.7</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr.
    Grimes</FONT></TD><TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">410,000</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">367,200</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">11.7</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">%</FONT></TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Increases for the named executive officers
were approved in December 2015 and effective January 1, 2016, along with the merit increases for other employees. The Compensation
Committee believed the increases to the executive officer salaries reflected not only the executives&rsquo; continued contributions
to the company&rsquo;s achievements, strong leadership, the company&rsquo;s strong performance and each executive&rsquo;s individual
achievements in 2015, but also reflected the results of Semler Brossy&rsquo;s peer benchmarking review which indicated the base
salaries for Messrs. Campbell, DelPriore and Grimes were 7%, 20% and 11%, respectively, below the peer group median. In regards
to Mr. DelPriore, the increase also reflects expanded responsibilities and oversight from the prior year. The Compensation Committee
felt these increases appropriately reflected their respective levels of experience, past performance for us and tenure in their
positions and are in line with how the company approaches salary to market comparables on a company-wide basis.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">38</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 44 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: normal 10pt Arial, Helvetica, Sans-Serif"> </P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 0.25pt solid"><B>ANNUAL INCENTIVE COMPENSATION</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We pay annual incentives to drive the achievement
of key business results and to recognize individuals based on their contributions to those results. The Compensation Committee
believes that this feature of compensation motivates executive officers to strive to attain our annual goals. Annual incentives
were determined under the 2016 Annual Incentive Program, or 2016 AIP.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">For 2016, total annual bonus plan opportunities
for our named executive officers were based on 2016 base salaries as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 65%; font: 10pt Arial, Helvetica, Sans-Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Base Salary</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Percentage
    </FONT><BR> <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">of 2016</FONT><BR> <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Base
    Salary <SUP>(1)</SUP></FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Maximum
    Payment </FONT><BR> <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Based on 2016</FONT><BR> <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Performance
    <SUP>(1)</SUP></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 22%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Mr. Bolton</FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="width: 7%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">640,000</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="width: 9%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">250</FONT></TD><TD STYLE="width: 2%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">%</FONT></TD><TD STYLE="width: 2%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="width: 12%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1,600,000</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Mr. Campbell</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">400,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">150</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">%</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">600,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Mr. DelPriore</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">390,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">150</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">%</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">585,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Mr. Grimes</FONT></TD><TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">410,000</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">200</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">%</FONT></TD><TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">820,000</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
</TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 94%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5in"><TR STYLE="vertical-align: top">
<TD STYLE="width: 27pt">(1)</TD><TD>Does not include the impact of the option for participants to elect to have all or a part of their award issued as shares of
restricted stock. Any portion elected to be issued as shares of restricted stock would be awarded at 125% of the award earned.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The annual incentive program for executive
officers for 2016 was based on both Core FFO per Share and the achievement of individual and/or business unit goals. The percent
of total award opportunity assigned to each metric for our named executive officers is outlined in the below table:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 60%; font: 10pt Arial, Helvetica, Sans-Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Percent of Award</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Core FFO <BR> per Share</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid">Individual <BR> Goals</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid">Total</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 27%; text-align: left">Mr. Bolton</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 7%; text-align: right">100</TD><TD STYLE="width: 2%">%</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: center">N/A</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 9%; text-align: center">100%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Mr. Campbell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">75</TD><TD>%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">25%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">100%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Mr. DelPriore</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">75</TD><TD>%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">25%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">100%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">Mr. Grimes</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid">33</TD><TD STYLE="border-bottom: Black 2pt solid">%</TD>
    <TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt solid">67%</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt solid">100%</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red; text-indent: 218.25pt"><B></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red; text-indent: 218.25pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Core FFO per Share is the overall performance
measure focused on by analysts and investors in the REIT industry. As such, the Compensation Committee feels it is appropriate
to tie 100% of Mr. Bolton&rsquo;s opportunity to this key financial result.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Funds from operations is a generally accepted
measure of overall performance in the REIT industry because it excludes depreciation expense of real estate assets which is generally
not correlated with changes in the value of those assets, whose value does not diminish predictably over time, as historical cost
depreciation implies. The Compensation Committee feels that Core FFO, which also removes certain items that by their nature are
not comparable over periods, is a good measure of actual operating performance. The Compensation Committee felt it was appropriate
to base the 2016 annual incentive on specific and quantifiable company performance metrics because the award is intended to reward
the executive officer for achieving our corporate financial goals established for the year. When setting the goals for these performance
metrics, the Compensation Committee established annual performance targets that, if achieved, would continue to promote the long-term
health and strength of the company. In determining the final award, the Compensation Committee reserves the right to apply a discretionary
modifier to adjust the amount of the award up or down, by up to 25%, provided, however,</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">39</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 45 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: normal 10pt Arial, Helvetica, Sans-Serif"> </P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0in">that in no event shall the award exceed
250% of salary for Mr. Bolton, 150% of salary for Messrs. Campbell and DelPriore, and 200% of salary for Mr. Grimes. The executive
officers have the option to elect to receive all or any portion of their award in shares of restricted stock instead of cash. For
any portion of the award elected to be issued in shares of restricted stock, the executive officer will receive shares of restricted
stock valued at 125% of that portion of the award. The shares of restricted stock would then vest one third each year on the first,
second and third anniversaries of the grant date, subject to continued employment through each vest date.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Compensation Committee approved the
following payout schedule for Core FFO per Share performance under the 2016 AIP:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 40%; font: 10pt Arial, Helvetica, Sans-Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 1pt solid">Performance</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Core FFO <BR> per Share</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Percent of <BR> Bonus Opportunity</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 14%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">High</FONT></TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 2%; text-align: right">$</TD><TD STYLE="width: 6%; text-align: right">5.88</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right">100</TD><TD STYLE="width: 2%; text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Target</FONT></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">5.78</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">67</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Threshold</FONT></TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">5.68</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">25</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">%</TD></TR>
</TABLE>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Compensation Committee set the Core
FFO per Share performance levels to reflect the guidance we provided at the beginning of the year to align executive officer performance
with market and shareholder expectations. No award was eligible to be earned below the threshold level which represented the bottom
of the range provided. Awards earned between the levels were calculated using linear interpolations.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Summary of Payments </U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">In February 2017, the Compensation Committee
met to consider the payment of bonuses under the 2016 AIP. The Compensation Committee reviewed the Core FFO per Share result of
$5.91 and determined the performance resulted in a payout under the 2016 AIP at the High level, or 100% of the opportunity.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Compensation Committee reviewed the
achievement of the individual and/or business unit goals for Messrs. Campbell, DelPriore and Grimes and determined they had achieved
100% of their goals for 2016.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Following these determinations, the Compensation
Committee awarded the following annual bonuses to our named executive officers for 2016:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="border-collapse: collapse; width: 85%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Base Salary</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Maximum <BR> Percentage <BR> of Base Salary</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Percent of <BR> Maximum Bonus <BR> Opportunity Earned</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Annual <BR> Incentive <BR> Payment</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 31%; text-align: left">Mr. Bolton</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 2%; text-align: right">$</TD><TD STYLE="width: 8%; text-align: right">640,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 9%; text-align: right">250</TD><TD STYLE="width: 1%; text-align: left">%</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 11%; text-align: right">100</TD><TD STYLE="width: 1%; text-align: left">%</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 2%; text-align: right">$</TD><TD STYLE="width: 8%; text-align: right">1,600,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Mr. Campbell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">400,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">150</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">100</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">600,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Mr. DelPriore</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">390,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">150</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">100</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">585,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">Mr. Grimes</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">410,000</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">200</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">%</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">100</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">%</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">820,000</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">None of the named executive officers elected
to have a portion of their award issued in shares of restricted stock.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">40</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 46 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: normal 10pt Arial, Helvetica, Sans-Serif"> </P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>LONG-TERM INCENTIVE COMPENSATION</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>General</U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We provide performance-based long-term incentive
compensation to certain employees, including our named executive officers, to directly tie the interests of these individuals to
the interests of our shareholders. We believe that long-term equity compensation is an important retention tool. We also encourage
stock ownership which we regard as important for commitment, engagement and motivation and have adopted stock ownership guidelines
for our named executive officers. In 2016, we granted long-term incentive compensation to 96 employees, including the named executive
officers.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Potential Value of Long-Term Incentive Compensation Awarded</U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Compensation Committee believes that
a significant percentage of our long-term incentive compensation should be performance based. The 2016 LTIP included two performance
tranches, representing 80% of the award opportunity for the named executive officers. One tranche will award shares on a sliding
scale dependent on relative annualized total shareholder return, or Relative TSR, performance over a three-year performance period
from January 1, 2016 through December 31, 2018. The other tranche awarded shares on a sliding scale dependent upon Core FFO per
Share performance for 2016. The 2016 LTIP also included time vested shares dependent on continued employment. The following chart
indicates the maximum award opportunities as a percentage of base salary and the split between the different tranches of the 2016
LTIP:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Relative TSR<BR> (50% of <BR> opportunity)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Core FFO <BR> per Share <BR> (30% of <BR> opportunity)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Time <BR> Vested <BR> (20% of <BR> opportunity)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Total <BR> Potential <BR> Percent <BR> of Salary</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 32%; text-align: left">Mr. Bolton</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 6%; text-align: right">200</TD><TD STYLE="width: 4%; text-align: left">%</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 6%; text-align: right">120</TD><TD STYLE="width: 4%; text-align: left">%</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 6%; text-align: right">80</TD><TD STYLE="width: 4%; text-align: left">%</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 6%; text-align: right">400</TD><TD STYLE="width: 4%; text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Mr. Campbell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">150</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">90</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">60</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">300</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">Mr. DelPriore</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">125</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">75</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">50</TD><TD STYLE="text-align: left">%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">250</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">Mr. Grimes</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid">150</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">%</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid">90</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">%</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid">60</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">%</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid">300</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">%</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Compensation Committee sets ranges for
long-term incentive compensation for each of our named executive officers. A survey of our comparator group&rsquo;s pay practices
is considered in determining the ranges. The Compensation Committee does not target a specific percentile ranking against our comparator
group.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The actual value of long-term incentive
compensation within such ranges awarded to each named executive officer is individually determined, at the discretion of the Compensation
Committee, after considering:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">skills, experience and time in role; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">individual performance and potential; and </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">company performance in the prior year. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">41</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 47 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: normal 10pt Arial, Helvetica, Sans-Serif"> </P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">In determining the value of long-term incentive
compensation awards to the named executive officers in December 2015, the Compensation Committee also took into consideration,
among other things, the company&rsquo;s strong operating performance and return to shareholders.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Mix of Equity Vehicles </U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">As described above, we use a mix of time
vested restricted stock and performance shares when making annual long-term equity awards. Once the value of the 2016 LTIP award
was determined, the Compensation Committee granted the named executive officers 80% of the value in performance shares and 20%
in time vested restricted stock. Of the performance shares, 62.5% (or 50% of the total award opportunity) may be earned based on
Relative TSR; 37.5% (or 30% of the total award opportunity) may be earned based on Core FFO per Share.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;<IMG SRC="maadef14a010.jpg" ALT="(PIE CHART)"></P>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Compensation Committee believes this
mix of equity vehicles strikes the appropriate balance between the achievement of performance measures (performance shares) and
rewarding increases in the market value of, and dividends paid on, our common stock (time vested restricted stock).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">As noted above, we currently measure performance
based on return to shareholders and overall company performance. As a pay for performance measure, we believe that an allocation
of 80% of the potential award opportunity to performance shares creates an appropriate pay for performance alignment with shareholders.
Furthermore, the vesting period assigned to the time vested restricted stock, also further aligns management with shareholders,
as employees will benefit from increases in the company&rsquo;s stock price.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">42</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 48 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: normal 10pt Arial, Helvetica, Sans-Serif"> </P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Performance Shares </U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Performance shares provide an opportunity
for employees to receive common stock if a performance measure is met for a pre-defined performance period. No outstanding performance
share awards provide for the payment of dividends or dividend equivalents during the performance period. There are two types of
performance shares awarded under the 2016 LTIP: performance shares based on Relative TSR and performance shares based on Core FFO
per Share.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The following chart shows the performance
metrics for the Relative TSR performance shares:&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 70%; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif"></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Performance</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR>
    <FONT STYLE="font-size: 10pt">Level</FONT></FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">MAA
    TSR in excess of</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR>
    <FONT STYLE="font-size: 10pt">SNL US REIT Multifamily Index</FONT></FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Percent
    of</B></FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR>
    <FONT STYLE="font-size: 10pt"><B>Relative TSR</B></FONT><BR>
    <FONT STYLE="font-size: 10pt"><B>Opportunity Earned</B></FONT></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">High</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&ge;&nbsp;400
    basis points</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">100%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Target</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0
    basis points</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">65%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Threshold</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">-300
    basis points</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">25%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&lt;
    -300 basis points</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">0%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: center; border-bottom: Black 2pt solid; width: 15%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 1pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 2pt solid; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; border-bottom: Black 2pt solid; width: 28%"></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 2pt solid; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 1pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt solid; width: 8%"></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid; width: 16%"></TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The performance period for the Relative
TSR tranche is from January 1, 2016 through December 31, 2018. No awards will be issued for Relative TSR below the Threshold level
and awards related to results between the Threshold and High levels will be straightline interpolated. Any award earned will be
issued as shares of restricted stock on or about March 25, 2019 and will immediately vest.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The following chart shows the performance
metrics for the Core FFO per Share performance shares:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 40%; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; text-align: center"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: left; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Performance</B></FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR>
                                         <FONT STYLE="font-size: 10pt"><B>Level</B>&nbsp;</FONT></FONT></P></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: left; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Core
FFO</B></FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR> <FONT STYLE="font-size: 10pt"><B>per Share&nbsp;</B></FONT></FONT></P>

</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Percent
    of</B></FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR> <FONT STYLE="font-size: 10pt"><B>Core FFO per Share</B></FONT><BR>
    <FONT STYLE="font-size: 10pt"><B>Opportunity Earned</B></FONT></FONT><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; background-color: White"></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; background-color: White"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; background-color: White"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 3%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; background-color: White"></TD><TD STYLE="width: 5%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; background-color: White"></TD><TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; background-color: White"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 1pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; background-color: White"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; text-align: right" STYLE="background-color: White"></TD>
    </TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">High</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.88</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">100%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Target</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.78</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">65%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Threshold</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.68</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">25%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; border-bottom: Black 2pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: center; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&lt;&nbsp;$5.68</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0%</FONT></TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The performance levels for the Core FFO
per Share tranche were based on the company&rsquo;s guidance at the beginning of the year to align named executive officer compensation
with the expectations of shareholders and the market. The performance period for the Core FFO per Share tranche was 2016. Awards
related to results between the Threshold and High levels will be straightline interpolated.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Summary of Payments</U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">In February 2017, we certified to the Compensation
Committee that Core FFO per Share for 2016 was approximately $5.91, which was at the High performance level, resulting in a 100%
payout of the Core FFO per Share opportunity.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">43</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 49 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">As a result of the Core FFO per Share results,
the following performance shares were awarded to our named executive officers under the 2016 LTIP:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 50%; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; padding-left: 0.5in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Shares
    of<BR>
    Restricted<BR>
    Stock</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 35%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr.
    Bolton</FONT></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 10%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">8,509</FONT></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr.
    Campbell</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3,989</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr.
    DelPriore</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3,241</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr.
    Grimes</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4,089</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Shares of restricted stock earned under
the Core FFO per Share tranche were issued on March 24, 2017 and will vest 50% on each of the first and second anniversary of the
issue date, dependent upon continued employment through each vest date.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">No awards under the Relative TSR tranche
are recognizable until the end of the performance period on December 31, 2018.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Time Vested Restricted Stock</U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We believe that time vested restricted stock
is performance-based because its value is solely tied to the company&rsquo;s stock price, which directly correlates to our shareholders&rsquo;
interests. We grant time vested restricted stock for several reasons, including:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">restricted shares that vest over time encourage named executive officers
to focus on the long term when making decisions to enhance shareholder value;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">declines in stock price following the grant of time vested restricted
stock have a negative impact on named executive officer pay; and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">feedback from named executive officers has indicated that time vested
restricted stock is highly valued and is an important retention tool.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We have significant share ownership and
holding period requirements (see page 51). These requirements, along with our vesting period requirements, work to ensure our
executives are aligned with investors. This alignment, by virtue of sustained ownership, helps to mitigate excessive risk-taking
in addition to other program features (see page 47).&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">44</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>


<!-- Field: Page; Sequence: 50 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our named executive officers were awarded
the following time vested restricted shares under the 2016 LTIP:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; color: Red"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 40%; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Shares
    of<BR> Restricted<BR> Stock</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 30%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr.
    Bolton</FONT></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 10%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5,673</FONT></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr.
    Campbell</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2,659</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr.
    DelPriore</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2,161</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr.
    Grimes</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2,726</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; color: Red"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The shares were awarded on January 8, 2016
and will vest 20% a year on the first, second, third, fourth and fifth anniversary of the issuance, dependent upon continued employment
through each vest date.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>ADDITIONAL COMPENSATION ELEMENTS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 0pt solid">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Benefits </U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">In general, benefits are designed to provide
a safety net of protection against the financial catastrophes that can result from illness, disability or death, and to provide
a reasonable level of retirement income based on years of service with us. The named executive officers generally participate in
the same benefit plans as our broader employee population.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Employment Agreement</U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Mr. Bolton is our only named executive officer
with an employment agreement. The material terms of his employment agreement and amounts payable under that agreement are described
in the &ldquo;Executive Compensation&rdquo; section of this Proxy Statement under the subheading &ldquo;Employment Agreements and
Potential Payments Upon Termination or Change in Control&rdquo; on pages 67 through 69.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Change in Control Agreements</U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Messrs. Campbell, DelPriore and Grimes have
change in control agreements. These change in control agreements are described in the &ldquo;Executive Compensation&rdquo; section
of this Proxy Statement under the subheading &ldquo;Employment Agreements and Potential Payments Upon Termination or Change in
Control&rdquo; on pages 67 through 69.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>401(K) Plan</U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">During 2016, Messrs. Bolton, Campbell, DelPriore
and Grimes were eligible to participate in our MAA 401(K) Savings Plan, or 401(K) Plan. The 401(K) Plan is a qualified retirement
plan made available to all of our eligible employees that allows participants to make pre-tax elective deferral contributions as
a percentage of their compensation as well as catch-up contributions in any year in which the participant will be at least 50 by
the end of the year. For 2016, MAA made matching contributions under the 401(K) Plan of 100% of a participant&rsquo;s contribution
on the first 3% of their compensation and 50% of a participant&rsquo;s contribution on the next 2% of their
compensation. Participants may defer up to 75% of </P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">45</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 51 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in">their compensation under the 401(K) Plan until they reach the limitation imposed
by Section 401(a)(17) of the Code for the given year.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Under the terms of the 401(K) Plan, benefits
generally start on or after the date the participant reaches the age of 65. Under the law, participants must begin receiving benefits
by April 1<SUP>st</SUP> following the later of the calendar year in which a participant reaches the age of 70 &frac12;, or stops
working for MAA.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">More information on the 401(K) Plan can
be found in the &ldquo;Executive Compensation&rdquo; section of this Proxy Statement under the subheading &ldquo;401(K) Savings
Plan&rdquo; on pages 63 through 64.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><U>Deferred Compensation Plan </U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">During 2016, Messrs. Bolton, Campbell, DelPriore
and Grimes were eligible to participate in our MAA Non-Qualified Executive Deferred Compensation Retirement Plan as Amended and
Restated effective January 1, 2016, or the Deferred Comp Plan. The Deferred Comp Plan is a supplemental nonqualified deferred compensation
plan made available to select executive employees to enable them to accumulate additional retirement benefits beyond the limitations
on participant contributions placed on the 401(K) Plan. MAA, at its discretion may make matching contributions in accordance with
the matching contribution formula in the 401(K) Plan. As such, in 2016, MAA made matching contributions under the Deferred Comp
Plan of 100% of a participant&rsquo;s contribution on the first 3% of their compensation and 50% of a participant&rsquo;s contribution
on the next 2% of their compensation. The matching contributions were made only on compensation that was in excess of the limitation
imposed by Section 401(a)(17) of the Code on the 401(K) Plan that would have been eligible for the match. Participants may defer
up to 50% of their compensation and 90% of their annual bonus.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">In accordance with the Deferred Comp Plan,
distributions for balances prior to 2016 are made in five equal annual installments beginning on the first day following the sixth
full month occurring after the earliest of death, disability, or separation from service. Balances from 2016 and forward will be
distributed in compliance with the participant&rsquo;s previous elections for the specific contributions in the form of either
a lump-sum payment or substantially equal annual installments amortized over a period not to exceed ten years beginning on the
later of January 1<SUP>st</SUP> or six months and a day after the participant&rsquo;s separation from service. Notwithstanding
the foregoing, in the case of a participant who becomes entitled to receive benefits on account of disability, the balances from
2016 and forward will be paid in a lump sum on or after the 15<SUP>th</SUP> of the first month following determination of disability.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Unlike contributions made in the 401(K)
Plan, the deferred compensation amounts contributed by Messrs. Bolton, Campbell, DelPriore and Grimes, and any resultant matches
by MAA are considered general assets of the company and are subject to claims of MAA&rsquo;s creditors. In 2016, MAA transferred
the assets of the Deferred Comp Plan to an irrevocable rabbi trust to offer additional security to the participants. While assets
in the rabbi trust are still subject to creditors&rsquo; claims in a corporate bankruptcy, they cannot be accessed by MAA for any
purpose other than to pay participant benefits under the Deferred Comp Plan.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">More information on the Deferred Comp Plan
can be found in the &ldquo;Executive Compensation&rdquo; section of this Proxy Statement under the subheading &ldquo;Non-Qualified
Deferred Compensation&rdquo; on pages 65 through 66.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">46</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>


<!-- Field: Page; Sequence: 52 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<BR>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border: Black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 14pt"><B><A NAME="maadef14aa014"></A>HOW
    WE MAKE COMPENSATION DECISIONS</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 0pt solid"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>RISK CONSIDERATIONS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 0pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Compensation Committee reviews the risks
and rewards associated with our compensation programs. The programs are designed with features that mitigate risk without diminishing
the incentive nature of the compensation. We believe our compensation programs encourage and reward prudent business judgment and
appropriate risk-taking over the short term and the long term.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Management and the Compensation Committee
regularly evaluate the risks involved with compensation programs and do not believe any of our compensation programs create risks
that are reasonably likely to have a material adverse impact on us. In 2016, we conducted a review of incentive plans and programs
and considered factors such as the plan metrics, number of participants, maximum payments and risk mitigation factors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Compensation Committee evaluates risks
and rewards associated with our overall compensation philosophy and structure. Management discusses with the Compensation Committee
the systems that have been put in place to identify and mitigate, as necessary, potential risks. With respect to specific elements
of compensation:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Base salary does not encourage risk-taking as it is a fixed amount
and but one component of a balanced, multi-component approach to compensation and rewards.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The annual incentive program for executive officers is designed to
reward achievement of short-term performance metrics. Through a combination of plan design and management procedures, undue risk-taking
is mitigated. Specifically, the plan has a cap on the award for any individual and constitutes only a portion of the total direct
compensation for our executive officers. The plan is also structured to be self-funding in that portions of the incentive that
are based on performance measurements must be obtained after the expense of the incentive is considered.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Annual and quarterly incentive plans for employees other than non-executive
officers are also designed to reward achievement of short-term performance metrics. Through a combination of plan design and management
procedures, undue risk-taking is mitigated. Specifically, the plans are capped on the award for any individual and constitute only
a portion of the total direct compensation for our employees.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Our long-term incentive plans are materially based on total shareholder
return and certain other performance metrics. The plans have caps on the award for any individual and constitute only a portion
of the total direct compensation for our executive officers and the other participants.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>DECISION-MAKING PROCESS AND
ROLE OF EXECUTIVE OFFICERS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 0pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We believe that the levels of compensation
we provide should be competitively reasonable and appropriate for our business needs and circumstances. Our approach is to consider
competitive compensation practices and relevant factors rather than establishing compensation at specific benchmark percentiles.
This enables us to respond to dynamics in the labor market and provides us with flexibility in maintaining and enhancing our executive
officers&rsquo; engagement, focus, motivation and enthusiasm for our future. </P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">47</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<!-- Field: Page; Sequence: 53 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We follow a two-phase process. In the first
phase, the Compensation Committee periodically engages a compensation consultant to conduct a competitive compensation analysis.
In 2015, the Compensation Committee hired a consultant to benchmark individual compensation levels and opportunities for base salary,
annual bonus, long-term incentive compensation and total remuneration (salary plus bonus plus annualized value of long-term incentives)
to assist in establishing compensation for 2016. The Compensation Committee does not believe it is competitively reasonable or
appropriate for executive compensation to be above or below a benchmark range. In the second phase, we consider many factors in
determining appropriate compensation levels for each executive officer. These considerations may include:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">our analyses of competitive compensation practices; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the Compensation Committee&rsquo;s evaluation of the executive officers;
</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">individual performance and contributions to performance goals, which
could include, but are not limited to Core FFO per Share, and total shareholder return;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">company performance, including comparisons to market and peer benchmarks;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">operational management, such as project milestones and process improvements;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">internal working and reporting relationships and our desire to encourage
collaboration and teamwork among our executive officers; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">individual expertise, skills and knowledge; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">leadership, including developing and motivating employees, collaborating
within the company, attracting and retaining employees and personal development; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">labor market conditions, the need to retain and motivate, the potential
to assume increased responsibilities and the perceived long-term value to the company; and </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">information and advice from an independent, third-party compensation
consultant engaged by the Compensation Committee. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We do not have a pre-defined framework that
determines which of these factors may be more or less important, and the emphasis placed on specific factors may vary among the
executive officers and from year to year. Ultimately, it is the Compensation Committee&rsquo;s judgment of these factors along
with competitive data that form the basis for determining the CEO&rsquo;s compensation. The Compensation Committee and the CEO
follow a similar practice to determine the basis of the other executive officers&rsquo; compensation.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">While Mr. Bolton, our CEO, and Mr. DelPriore,
our General Counsel, did participate in general meetings of the Compensation Committee in 2016, they did not participate in executive
sessions nor did they participate in any discussions determining their own compensation. Annually, upon request from the Compensation
Committee, our CEO provides the Compensation Committee with data pertinent to his and the other executive officers&rsquo; compensation.
This information may from time-to-time include peer executive compensation levels, achievement of individual performance components
of their annual incentive plans, or data pertinent to their annual base salary increases. The Compensation Committee utilizes
this information, along with input from committee members, and, at times, outside consultants, and in the case of our CEO, input
from all of the members of the Board of Directors, before making final independent compensation decisions. Our CEO also provides
data pertinent to the terms of our long-term incentive plans to the Compensation Committee, upon their request. At the end of
any incentive or&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">48</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Page; Sequence: 54 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">incentive plan measurement period, our CEO, along with our Corporate Secretary and/or General Counsel, prepare and present to
the Compensation Committee, the preliminary results of the plan for the committee&rsquo;s review and, if necessary, further evaluation
and/or adjustment. All incentive plans are ultimately developed and adopted by the Compensation Committee. All compensation related
to our CEO is recommended by the Compensation Committee to our full Board of Directors, which ultimately has responsibility for
approving CEO compensation.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Compensation Committee has not awarded
any stock options since 2002. When the Compensation Committee was utilizing stock options as part of the compensation package they
consistently maintained a practice to award stock options only at specific times in order to avoid any claim that grants to executive
officers were initiated during periods potentially advantageous to them. During its winter meeting, the Compensation Committee
would grant stock options to a broad group of employees, including executive officers, in amounts determined by the Compensation
Committee. These grants were effective on the day awarded by the Compensation Committee with exercise prices equal to the closing
price of our common stock on the NYSE, on that day. Other than the annual grants described above, the Compensation Committee only
considered additional grants for new employees. These grants were made in conjunction with the hiring of the employee and after
Compensation Committee approval with the exercise price being equal to the closing price of our common stock on the NYSE on the
day of grant. None of our named executive officers had outstanding options in 2016.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>COMPENSATION COMPARATOR GROUP</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 0pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We use a comparator group of companies when
making certain compensation decisions. Our comparator group is used:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">as an input in developing base salary ranges, annual incentive targets
and long-term incentive award ranges; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">to benchmark the mix of equity awarded to employees; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">to assess the competitiveness of total direct compensation awarded
to senior executives; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">to validate whether executive compensation programs are aligned with
our performance; and </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">as an input in designing compensation plans, benefits and perquisite
programs. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">While the Compensation Committee examines
data about executive compensation at other comparator companies, compensation paid at other companies is not a primary factor in
the decision-making process.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">49</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>


<!-- Field: Page; Sequence: 55 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The comparator group consists of other real
estate investment trusts, primarily in the residential sector, of similar size to MAA in terms of enterprise value, total assets,
number of employees and/or number of units/properties. The comparator group for 2016 is listed below:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 60%; border-collapse: collapse; font-size: 10pt; margin-left: 0.5in">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">American Campus Communities
    Inc.</FONT></TD>
    <TD STYLE="width: 45%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Essex Property Trust Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Apartment Investment and Management Co</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Extra Space Storage Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">AvalonBay Communities Inc.</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Home Properties, Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Camden Property Trust</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Post Properties, Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">CBL &amp; Associates Properties Inc.</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SL Green Realty Corp.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">CubeSmart</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Sovran Self Storage Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Duke Realty Corporation</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The Macerich Co</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Equity Lifestyle Properties, Inc.</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">UDR, Inc.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Equity Residential</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>ROLE OF COMPENSATION CONSULTANT</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0;"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to its charter, the Compensation
Committee is authorized to retain and terminate any consultant, as well as to approve the consultant&rsquo;s fees and other terms
of the engagement. The Compensation Committee also has the authority to obtain advice and assistance from internal or external
legal, accounting or other advisors. In 2016, the Compensation Committee engaged Semler Brossy as its compensation consultant with
respect to 2016 compensation decisions.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Prior to the retention of a compensation
consultant or any other external advisor, and from time-to-time as the Compensation Committee deems appropriate, the Compensation
Committee assesses the independence of such advisor from management, taking into consideration all factors relevant to such advisor&rsquo;s
independence, including the factors specified in the NYSE listing standards.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Compensation Committee assessed Semler
Brossy&rsquo;s independence, taking into account the following factors:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the policies and procedures the consultant has in place to prevent
conflicts of interest; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">any business or personal relationships between the consultant and
the members of the Compensation Committee; </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">any ownership of our common stock by the individuals at Semler Brossy
performing consulting services for the Compensation Committee; and </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">any business or personal relationship of Semler Brossy with any of
our executive officers. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Semler Brossy has provided the Compensation
Committee with appropriate assurances and confirmation of its independent status pursuant to the factors indicated above. The Compensation
Committee believes that Semler Brossy has been independent throughout its service for the Committee and that there is no conflict
of interest between Semler Brossy and the Compensation Committee.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>FINDINGS OF COMPENSATION
CONSULTANT</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 0pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Semler Brossy presented the final results
of their review at the December 8, 2015 Compensation Committee meeting and the Compensation Committee considered Semler Brossy&rsquo;s
review in setting the 2016 compensation programs.&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">50</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 56 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>


<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Semler Brossy assessed target total pay
levels against the peer group and other market data for the named executive officers, specifically reviewing salary, target annual
cash and target total pay. Semler Brossy reported that, in general, target pay opportunities for the named executive officers are
positioned below the market median. The variance from median for salary, target annual cash and target total pay for each named
executive officer is indicated in the below table:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: Red; text-align: center"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 80%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 18%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 19%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Salary</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 19%; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Target Annual Cash</B></FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 18%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Target Total Pay</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr. Bolton</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">at/around market</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">below median</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">well below median</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr. Campbell</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left; padding-left: 0.125in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">below median</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">below median</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 0.125in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">below median</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr. DelPriore</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">well below median</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">at/around market</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">well below median</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Mr. Grimes</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="padding-left: 0.125in; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">below median</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">well below median</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">well below median</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: Red; text-align: center"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Furthermore, Semler Brossy found that the 3-year average equity
run rate of MAA against our peer group on an option-equivalent basis was in the bottom quartile.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Overall, the Compensation Committee believed
these results indicated that compensation was generally lagging, in relation to both cash and equity incentives. As a result, the
Compensation Committee felt it was appropriate to adopt increases in base salaries and to increase the total award opportunity
as a percent of salary available under the long term incentive plan in 2016. In considering the increase in the total award opportunity
for the long-term incentive plan, the Compensation Committee determined to increase the percentage of the award related to the
performance based Relative TSR metric to ensure management&rsquo;s alignment of the larger award opportunity with shareholder&rsquo;s
interests.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>SHARE OWNERSHIP GUIDELINES</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We have share ownership guidelines for our
named executive officers. These guidelines are designed to align the named executive officers&rsquo; long-term financial interests
with those of shareholders. Under these guidelines, Mr. Bolton is required to own MAA stock worth three times his annual base salary
and our other named executive officers are required to own MAA stock worth two times their respective annual base salaries. Each
named executive officer has three years from the date he or she becomes subject to the share ownership guidelines to meet his or
her target. If a named executive officer is promoted and the target is increased, an additional three-year period is provided to
meet the target. Stock options do not count toward the ownership guideline and performance shares count only after the performance
criteria has been met.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">All named executive officers exceed their
share ownership guidelines.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>HOLDING PERIOD REQUIREMENTS</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Effective
April 1, 2017, our Board of Directors adopted share retention requirements for our named executive officers. These requirements
are intended to affect a stronger alignment of interests between our named executive officers and that of our shareholders. </FONT>Following
designation as a named executive officer, the named executive officer is required to retain ownership of at least 50% of the net
shares (after paying tax liabilities) acquired from the exercise of stock options or the vesting of shares of restricted stock
awarded pursuant to our equity incentive plans. Named executive officers are required to continue to retain these shares through
retirement or other termination of the named executive officer&rsquo;s employment, or until the associate is no longer designated
as a named executive officer.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt">5<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 57 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>TRADING CONTROLS AND HEDGING,
PLEDGING AND SHORT SALE POLICIES</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Executive officers, including the named
executive officers, are required to receive the permission of our General Counsel (and our General Counsel is required to receive
the permission of our Chief Ethics and Compliance Officer) prior to entering into any transactions in our securities. Generally,
trading is permitted only during announced trading periods. Employees who are subject to trading restrictions, including the named
executive officers, may enter into a trading plan under Rule 10b5-1 of the Exchange Act. These trading plans may be entered into
only during an open trading period and must be approved by MAA. We require trading plans to include a waiting period and the trading
plans may not be amended during their term. The named executive officer bears full responsibility if he violates our policy by
permitting shares to be bought or sold without pre-approval or when trading is restricted.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Executive officers are prohibited from entering
into hedging and short sale transactions or pledging common stock.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>CLAWBACK PROVISIONS</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We have adopted a clawback policy. Under
this policy, if we are required to prepare an accounting restatement, the Compensation Committee may require our named executive
officers to repay to MAA any portion of incentive compensation paid in the preceding three years that would not have been paid
if such compensation had been determined based on the financial results reported in the restated financial statement.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B>TAX AND ACCOUNTING IMPLICATIONS
OF COMPENSATION</B></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Section 162(m) of the Internal Revenue Code
of 1986, as amended, prohibits publicly traded companies from taking a tax deduction for compensation in excess of $1 million paid
to the chief executive officer or any of its three other most highly compensated executive officers (other than the chief financial
officer) for any fiscal year, who are referred to as &ldquo;covered employees&rdquo; under Section 162(m). Certain &ldquo;performance-based
compensation&rdquo; is excluded from this $1 million cap. We believe, however, that because of the structure of MAA and its affiliates,
we do not have &ldquo;covered employees&rdquo; whose compensation is subject to the $1 million deduction limit under Section 162(m).
Since MAA qualifies as a REIT under the Internal Revenue Code and is generally not subject to Federal income taxes, the payment
of compensation that fails to satisfy the requirements of Section 162(m) would not have a material adverse consequence to us, provided
we continue to distribute 100% of our taxable income. If we make compensation payments subject to Section 162(m) limitations on
deductibility, we may be required to make additional distributions to shareholders to comply with our REIT distribution requirements
and eliminate our U.S. federal income tax liability or, alternatively, a larger portion of shareholder distributions that would
otherwise have been treated as a return of capital may be subject to federal income tax expense as dividend income. Any such compensation
allocated to the MAA&rsquo;s taxable REIT subsidiaries whose income is subject to federal income taxes would result in an increase
in income taxes due to the inability to deduct such compensation. Although we are mindful of the limits imposed by Section 162(m),
even if it is determined that Section 162(m) applies or may apply to certain compensation packages, we nevertheless reserves the
right to structure the compensation packages and awards in a manner that may exceed the limitation on deduction imposed by Section
162(m).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>
<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">52</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 58 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; border: Black 1.5pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B><A NAME="maadef14aa015"></A>CONCLUSION</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Compensation Committee believes that
our executive leadership is a key element to our success and that the compensation package offered to the executive officers is
a key element in attracting, retaining and motivating the appropriate personnel.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Compensation Committee believes it has
historically maintained compensation for our executive officers at levels that are reflective of the talent and success of the
individuals being compensated, and with the inclusion of additional compensation directly tied to performance, the Compensation
Committee believes executive compensation will be sufficiently comparable to our industry peers to allow us to retain our key personnel
at costs which are appropriate for MAA.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Compensation Committee will continue
to develop, analyze and review its methods for aligning executive management&rsquo;s long-term compensation with the benefits generated
for shareholders. The Compensation Committee believes the idea of creating ownership in MAA helps align management&rsquo;s interests
with the interests of shareholders. The Compensation Committee has no pre-determined timeline for implementing new or ongoing long-term
incentive plans. New plans are reviewed, discussed and implemented as the Compensation Committee feels it is necessary or appropriate
as a measure to incent, retain and reward our executive officers.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><A NAME="maadef14aa016"></A><FONT STYLE="font-size: 14pt"><B>COMPENSATION
COMMITTEE REPORT</B></FONT>&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Compensation Committee of the Board
of Directors of Mid-America Apartment Communities, Inc. reviewed and discussed with management the information contained in the
Compensation Discussion &amp; Analysis section of this Proxy Statement and recommended to the Board of Directors that the Compensation
Discussion &amp; Analysis be included in this Proxy Statement and our Annual Report on Form 10-K.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 5.75in">COMPENSATION COMMITTEE:<BR>
Philip W. Norwood (Chair)<BR>
Toni Jennings<BR>
Monica McGurk<BR>
Claude B. Nielsen<BR>
William B. Sansom</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 4in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><I>The material in the foregoing Compensation Committee report
is not &ldquo;soliciting material,&rdquo; is not deemed &ldquo;filed&rdquo; with the SEC, and is not to be incorporated by reference
into any of our filings under the Securities Act of 1933, as amended (the &ldquo;1933 Act&rdquo;) or the Exchange Act, whether
made before or after the date hereof.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">53</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 59 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white">
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 14pt"><B><A NAME="maadef14aa017"></A>EXECUTIVE
COMPENSATION</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><A NAME="maadef14aa018"></A>SUMMARY COMPENSATION TABLE</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The following table sets forth information
regarding compensation earned by our named executive officers. Values for stock awards represent full grant date fair value in
accordance with FASB ASC Topic 718 and appear in the year of the grant. These values represent the total expense that we expect
to recognize over time related to the award, but due to performance and continued employment requirements, as well as vesting schedules,
they may or may not represent the value of stock realized, or the timing of stock acquired by the named executive officers. For
information on actual shares issued to named executive officers, please see the footnotes to this table and the Outstanding Equity
Awards table found later in this Proxy Statement.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 8pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold">Non-Equity</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold">Incentive</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold">Stock</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold">Plan</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold">All Other</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">Name and</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold">Salary</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold">Bonus</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold">Awards</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold">Compensation</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold">Compensation</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">Principal</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center">&nbsp;</TD><TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">($)</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">($)</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">($)</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">($)</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">($)</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold">Total</TD><TD STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid">Position</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Year</B></FONT></TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">(1)</TD><TD STYLE="font-weight: bold; text-align: left"></TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">(2)</TD><TD STYLE="font-weight: bold; text-align: left"></TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">(3)</TD><TD STYLE="font-weight: bold; text-align: left"></TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">(4)</TD><TD STYLE="font-weight: bold; text-align: left"></TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">(5)</TD><TD STYLE="font-weight: bold; text-align: left"></TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>($)</B></FONT></TD><TD STYLE="font-weight: bold; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; text-align: left; width: 34%">H. Eric Bolton, Jr.</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: center; width: 1%">&nbsp;</TD><TD STYLE="text-align: center; width: 5%">2016</TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">$</TD><TD STYLE="text-align: right; width: 6%">640,000</TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">$</TD><TD STYLE="text-align: right; width: 6%">500</TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">$</TD><TD STYLE="text-align: right; width: 7%">1,982,080</TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">$</TD><TD STYLE="text-align: right; width: 7%">1,600,000</TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">$</TD><TD STYLE="text-align: right; width: 7%">53,733</TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">$</TD><TD STYLE="text-align: right; width: 7%">4,276,313</TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>CEO</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD><TD STYLE="text-align: center">2015</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">635,077</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">500</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">1,733,391</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">1,530,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">18,346</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">3,917,314</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: center; border-bottom: Black 1pt solid">2014</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">596,538</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">1,609</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">2,779,464</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">1,462,500</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">17,896</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">4,858,007</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">Albert M. Campbell, III</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD><TD STYLE="text-align: center">2016</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">400,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">500</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">929,120</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">600,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">42,318</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">1,971,938</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">EVP and CFO</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD><TD STYLE="text-align: center">2015</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">370,462</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">500</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">721,916</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">535,500</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">25,764</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">1,654,142</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: center; border-bottom: Black 1pt solid">2014</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">348,846</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">500</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">1,022,560</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">502,031</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">20,693</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">1,894,630</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; text-align: left">Robert J. DelPriore</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD><TD STYLE="text-align: center">2016</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">390,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">250</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">754,884</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">585,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">39,114</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">1,769,248</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">EVP and</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD><TD STYLE="text-align: center">2015</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">351,538</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">250</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">524,435</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">503,625</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">23,402</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">1,403,250</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">General Counsel</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: center; border-bottom: Black 1pt solid">2014</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">298,846</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&mdash;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">726,480</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">441,563</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">12,176</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">1,479,065</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">Thomas L. Grimes, Jr.</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD><TD STYLE="text-align: center">2016</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">410,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">500</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">952,348</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">820,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">41,993</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">2,224,841</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">EVP and COO</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD><TD STYLE="text-align: center">2015</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">381,046</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">500</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">739,398</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">537,030</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">25,893</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">1,683,867</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: center; border-bottom: Black 2pt solid">2014</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">358,385</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">1,673</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">871,776</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">496,125</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">21,087</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">1,749,046</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="font-weight: normal">(1)</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-weight: normal">Represents salary
actually paid during the calendar year indicated. This value may vary slightly from the base salary awarded by the Compensation
Committee depending upon when our Compensation Committee awards current year salaries and because our payroll is paid every two
weeks and may carryover a calendar year end or have an extra pay period in a given year.</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal">(2)</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-weight: normal">Includes an annual holiday bonus paid to all employees based on
length of service. Messrs. Bolton and Grimes also include an additional length of service payment in 2014 for reaching 20 years
of service for which all employees are eligible. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">54</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Page; Sequence: 60 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>




<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal">(3)</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-weight: normal">Represents the grant date fair value based upon probable outcome
in accordance with FASB ASC Topic 718 in the year of the grant. For a complete description of the assumptions made in determining
the FASB ASC Topic 718 valuation, please refer to Stock Based Compensation in our audited financial statements in our Annual Report
on Form 10-K for the indicated fiscal year. Additional details for each grant can be found in the below schedule. For purposes
of the below schedule, shares issued in 2017 are classified as Shares Earned as of 12/31/2016 as long as the performance period
for the resultant share issuance was completed by December 31, 2016.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 63pt; text-align: left"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 63pt; text-align: left"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 80%; font: 8pt Arial, Helvetica, Sans-Serif; margin-left: 1in">
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">Shares</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">Maximum</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">Maximum
    Opportunity</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">Earned</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">Future</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">Value to</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">Number of</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">as of</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">Share</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">Year, Plan and Name</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">Participant</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">Shares</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">12/31/2016</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">Opportunity</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">2016</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic; padding-left: 0.125in"><FONT STYLE="font-size: 9pt">2016 LTIP</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 28%; text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. Bolton</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-size: 9pt">2,560,000</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-size: 9pt">28,634</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-size: 9pt">14,182</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-size: 9pt">14,182</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. Campbell</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">1,200,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">13,296</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">6,648</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">6,648</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. DelPriore</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">975,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">10,804</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">5,402</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">5,402</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">Mr. Grimes</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">1,230,000</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">13,629</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">6,815</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">6,814</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">2015</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-style: italic; padding-left: 0.125in"><FONT STYLE="font-size: 9pt">2015 LTIP</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. Bolton</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">1,836,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">23,437</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">16,406</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">7,031</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. Campbell</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">714,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">9,116</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">6,381</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">2,735</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. DelPriore</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">680,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">8,683</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">6,078</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">2,605</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. Grimes</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">734,400</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">9,376</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">6,563</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">2,813</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-style: italic; padding-left: 0.125in"><FONT STYLE="font-size: 9pt">One-time 280G</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. Bolton</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">160,025</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">2,044</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">2,044</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&mdash;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. Campbell</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">110,076</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">1,406</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">1,406</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&mdash;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. DelPriore</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">N/A</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">N/A</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">N/A</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">N/A</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">Mr. Grimes</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">110,076</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">1,406</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">1,406</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&mdash;</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">2014</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-style: italic; padding-left: 0.125in"><FONT STYLE="font-size: 9pt">2014 LTIP</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. Bolton</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">1,800,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">29,313</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">24,534</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&mdash;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. Campbell</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">700,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">11,400</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">9,542</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&mdash;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. DelPriore</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">600,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">9,773</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">8,180</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&mdash;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. Grimes</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">720,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">11,726</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">9,815</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&mdash;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-style: italic; text-align: left; padding-left: 0.125in"><FONT STYLE="font-size: 9pt">Colonial Merger Plan</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. Bolton</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">1,500,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">24,428</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">24,428</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&mdash;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. Campbell</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">525,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">8,551</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">8,551</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&mdash;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in"><FONT STYLE="font-size: 9pt">Mr. DelPriore</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">300,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">4,888</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">4,888</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">&mdash;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">Mr. Grimes</FONT></TD><TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">360,000</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">5,865</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">5,865</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">&mdash;</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal">(4)</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-weight: normal">Represents cash bonuses paid under the Annual Incentive Programs
for executive officers. </FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">55</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Page; Sequence: 61 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>




<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-weight: normal">(5)</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-weight: normal">Represents the following matching company contributions to the Deferred
Comp Plan and 401(K) Plan in calendar year 2016:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 63pt; text-align: left"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 60%; font: 10pt Arial, Helvetica, Sans-Serif; margin-left: 1in">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Def Comp Plan</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid">401(K) Plan</TD><TD STYLE="font-weight: bold">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Total</TD><TD STYLE="font-weight: bold">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>2016</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 23%; text-align: left; padding-left: 0.25in">Mr. Bolton</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 13%; text-align: right">43,133</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 8%; text-align: right">10,600</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 8%; text-align: right">53,733</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Campbell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">31,718</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">10,600</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">42,318</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. DelPriore</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">28,514</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">10,600</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">39,114</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Grimes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">31,393</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">10,600</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">41,993</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">2015</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Bolton</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">18,346</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">18,346</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Campbell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">25,764</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">25,764</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. DelPriore</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">23,402</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">23,402</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Grimes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">25,893</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">25,893</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">2014</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Bolton</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">17,896</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">17,896</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Campbell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">20,693</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">20,693</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. DelPriore</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">12,176</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">12,176</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Grimes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">21,087</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">21,087</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>



<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 63pt; text-align: left"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 63pt; text-align: left">&nbsp;</P>

<P STYLE="border-bottom: Black 1pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"><A NAME="maadef14aa019"></A>GRANTS
OF PLAN BASED AWARDS</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><FONT STYLE="font-weight: normal">The
following table summarizes grants of plan-based awards made to our named executive officers for 2016.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" ALIGN="CENTER" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="10" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Estimated
    Future Payouts</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="10" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Estimated
    Future Payouts</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Grant
    Date</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="10" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Under
    Non-Equity Incentive</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="10" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Under
    Equity Incentive</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Fair
    Value of</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="10" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Plan Awards (1)</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="10" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Plan
    Awards (2)</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Stock
    Awards</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Grant</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Threshold</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Target</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Maximum</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Threshold</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Target</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Maximum</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>(3)</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Name</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Date</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>($)</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>($)</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>($)</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>(#)</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>(#)</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>(#)</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>(#)</B></FONT></TD><TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; width: 15%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Mr.
    Bolton</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">12/8/2015</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">400,000</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">1,072,000</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">1,600,000</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; width: 10%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">CEO</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">1/8/2016</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">11,346</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">20,422</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">28,364</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">1,982,080</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Mr.
    Campbell</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">12/14/2015</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">262,500</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">451,500</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">600,000</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">EVP,
    CFO</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">1/8/2016</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">5,318</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">9,573</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">13,296</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">929,120</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Mr.
    DelPriore</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">12/14/2015</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">255,938</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">440,213</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">585,000</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">EVP,
    General</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">1/8/2016</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">4,321</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">7,778</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">10,804</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">754,884</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Counsel</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Mr.
    Grimes</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">12/14/2015</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">617,050</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">730,702</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">820,000</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">EVP,
    COO</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">1/8/2016</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">5,451</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">9,812</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">13,629</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">952,348</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(1)</TD><TD>On December 8, 2015, the Board of Directors approved Mr. Bolton&rsquo;s participation in the 2016 AIP for executive officers.
On December 14, 2015, the Compensation Committee approved Messrs. Campbell, DelPriore and Grimes&rsquo; participation in the 2016
AIP for executive officers. The actual awards earned under the 2016 AIP by Messrs. Bolton, Campbell, DelPriore and Grimes were
$1,600,000, $600,000, $585,000 and $820,000, respectively.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(2)</TD><TD>The Compensation Committee, and in regards to Mr. Bolton, the Board of Directors, approved the 2016 LTIP with a grant date
of January 8, 2016. Actual shares earned under </TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">56</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Page; Sequence: 62 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"></TD><TD>the 2016 LTIP as of December 31, 2016 were 14,182, 6,648, 5,402, and 6,815 by Messrs.
Bolton, Campbell, DelPriore and Grimes, respectively. Actual shares earned include shares issued in 2017 for which the performance
period was complete by December 31, 2016.</TD></TR></TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(3)</TD><TD>These amounts are also reflected in the Summary Compensation Table under &ldquo;Stock Awards&rdquo;.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="border-bottom: Black 1pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"><A NAME="maadef14aa020"></A>OUTSTANDING
EQUITY AWARDS AT FISCAL YEAR END</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; text-align: left"><FONT STYLE="font-weight: normal; color: windowtext">The
following table summarizes the number of non-fully vested outstanding equity awards held by each of our named executive officers
as of December 31, 2016, including awards earned by December 31, 2016 but not yet issued, and the market value of these awards
as of December 31, 2016. These awards are often related to long-term incentive plans</FONT> <FONT STYLE="font-weight: normal">with
performance periods in prior years. Frequently, the shares were also issued in prior years and are subject to various vesting features.
Please refer to the footnotes of the table for further details. None of our named executive officers holds any stock options.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; text-align: left"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">57</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; text-align: left"><FONT STYLE="font-weight: normal"></FONT></P>

<!-- Field: Page; Sequence: 63 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; text-align: left"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; text-align: left"></P>


<P STYLE="margin: 0"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: left"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 70%; margin-left: 10%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; font-weight: bold"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="6" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">Stock
    Awards</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif,; text-align: center"><FONT STYLE="font-size: 8pt">Number of Shares
    or Units of</FONT></TD><TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif,; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif,; font-size: 8pt"><B>Market
    Value of Shares or Units</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif,; text-align: center"><FONT STYLE="font-size: 8pt">Stock That Have
    Not Vested</FONT></TD><TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif,; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif,; font-size: 8pt"><B>of
    Stock That Have Not Vested</B></FONT></TD><TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif,; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">Name</FONT></TD><TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">(#)</FONT></TD><TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif, , Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: center"><FONT STYLE="font-size: 8pt">($)</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 25%; font: bold 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">Mr. Bolton</FONT></TD><TD STYLE="width: 1%; font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 30%; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">1,181&nbsp;&nbsp;(1)</FONT></TD><TD STYLE="width: 1%; font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 3%; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="width: 28%; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">115,644</FONT></TD><TD STYLE="width: 1%; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">CEO</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">914&nbsp;&nbsp;(2)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">89,499</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">5,276&nbsp;&nbsp;(3)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">516,626</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">5,130&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">502,330</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">6,176&nbsp;&nbsp;(5)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">604,754</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">5,625&nbsp;&nbsp;(6)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">550,800</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">3,473&nbsp;&nbsp;(3)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">340,076</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">2,044&nbsp;&nbsp;(7)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">200,148</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">5,673&nbsp;&nbsp;(8)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">555,500</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">6,351&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">621,890</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">6,351&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">621,890</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">3,176&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">310,994</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">9,375&nbsp;&nbsp;(6)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">918,000</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">8,794&nbsp;&nbsp;(3)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">861,108</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">8,509&nbsp;&nbsp;(8)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">833,201</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">Mr. Campbell</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">484&nbsp;&nbsp;(1)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">47,393</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">EVP, CFO</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">281&nbsp;&nbsp;(2)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">27,516</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">2,052&nbsp;&nbsp;(3)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">200,932</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">1,795&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">175,766</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">2,544&nbsp;&nbsp;(5)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">249,108</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">2,188&nbsp;&nbsp;(6)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">214,249</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">1,351&nbsp;&nbsp;(3)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">132,290</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">1,406&nbsp;&nbsp;(7)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">137,676</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">2,659&nbsp;&nbsp;(8)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">260,369</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">2,223&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">217,676</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">2,223&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">217,676</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">1,112&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">108,887</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">3,646&nbsp;&nbsp;(6)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">357,016</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">3,420&nbsp;&nbsp;(3)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">334,886</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">3,989&nbsp;&nbsp;(8)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">390,603</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">Mr. DelPriore</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">1,758&nbsp;&nbsp;(3)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">172,143</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">EVP, General Counsel</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">1,026&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">100,466</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">2,084&nbsp;&nbsp;(6)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">204,065</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">1,158&nbsp;&nbsp;(3)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">113,391</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">2,161&nbsp;&nbsp;(8)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">211,605</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">1,271&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">124,456</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">1,271&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">124,456</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">636&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">62,277</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">3,473&nbsp;&nbsp;(6)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">340,076</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">2,932&nbsp;&nbsp;(3)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">287,101</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">3,241&nbsp;&nbsp;(8)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">317,359</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">Mr. Grimes</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">476&nbsp;&nbsp;(1)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">46,610</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">EVP, COO</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">276&nbsp;&nbsp;(2)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">27,026</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">2,110&nbsp;&nbsp;(3)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">206,611</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">1,230&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">120,442</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">2,544&nbsp;&nbsp;(5)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">249,108</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">2,251&nbsp;&nbsp;(6)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">220,418</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">1,390&nbsp;&nbsp;(3)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">136,109</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">1,406&nbsp;&nbsp;(7)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">137,676</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">2,726&nbsp;&nbsp;(8)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">266,930</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">1,525&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">149,328</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">1,525&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">149,328</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">763&nbsp;&nbsp;(4)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">74,713</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">3,750&nbsp;&nbsp;(6)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">367,200</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">3,518&nbsp;&nbsp;(3)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">344,483</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 8pt">4,089&nbsp;&nbsp;(8)</FONT></TD><TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif,; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">$</FONT></TD><TD STYLE="border-bottom: Black 2pt solid; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: right"><FONT STYLE="font-size: 8pt">400,395</FONT></TD><TD STYLE="border-bottom: Black 2pt solid; font: 8pt Arial, Helvetica, Sans-Serif,; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">58</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>


<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: left"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: left"></P>

<!-- Field: Page; Sequence: 64 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: left">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-weight: normal">(1)</FONT></TD><TD><FONT STYLE="font-weight: normal">On January 10, 2013,
Messrs. Bolton, Campbell and Grimes were granted 4,726, 1,938 and 1,906 shares of restricted common stock in conjunction with
MAA&rsquo;s 2012 Long Term Incentive Program, or 2012 LTIP, respectively. The shares vest equally on an annual basis beginning
January 10, 2014 and ending on January 10, 2017 contingent upon continued employment through each vest date. No additional shares
can be earned under the 2012 LTIP.</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-weight: normal">(2)</FONT></TD><TD><FONT STYLE="font-weight: normal">On March 12, 2013,
Messrs. Bolton, Campbell and Grimes were granted 3,659, 1,125 and 1,106 shares of restricted common stock in conjunction with
the 2012 Annual Bonus Program, or 2012 AIP, respectively. The shares vest equally on an annual basis beginning January 10, 2014
and ending on January 10, 2017 contingent upon continual employment through each vest date. No additional shares can be earned
under the 2012 AIP.</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-weight: normal">(3)</FONT></TD><TD><FONT STYLE="font-weight: normal">On January 13, 2014,
Messrs. Bolton, Campbell, DelPriore and Grimes were granted 8,794, 3,420, 2,932 and 3,518 shares of restricted common stock in
conjunction with the 2014 Long Term Incentive Program, or 2014 LTIP, respectively. The shares vest equally on an annual basis
beginning January 13, 2015 and ending on January 13, 2019, contingent upon continued employment through each vest date. On March
10, 2015, Messrs. Bolton, Campbell, DelPriore and Grimes were granted an additional 6,946, 2,702, 2,316 and 2,779 shares of restricted
common stock in conjunction with the 2014 LTIP, respectively. The shares vest equally on an annual basis beginning March 10, 2016
and ending on March 10, 2017, contingent upon continued employment through each vest date. On March 10, 2017, Messrs. Bolton,
Campbell, DelPriore and Grimes were granted an additional 8,794, 3,420, 2,932 and 3,518 shares of restricted common stock in conjunction
with the 2014 LTIP, respectively. The shares vest immediately upon issuance. No additional shares can be earned under the 2014
LTIP.</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-weight: normal">(4)</FONT></TD><TD><FONT STYLE="font-weight: normal">On January 13, 2014,
Messrs. Bolton, Campbell, DelPriore and Grimes were granted 8,550, 2,993, 1,710 and 2,052 shares of restricted common stock, respectively,
in conjunction with the Colonial Merger Integration Incentive Plan, or Colonial Merger Plan, which was granted in connection with
our merger with Colonial. The shares vest equally on an annual basis beginning January 13, 2015 and ending on January 13, 2019,
contingent upon continued employment through each vest date. On March 10, 2016, Messrs. Bolton, Campbell, DelPriore and Grimes
were granted an additional 15,878, 5,558, 3,178 and 3,813 shares of restricted common stock in conjunction with the Colonial Merger
Plan, respectively. The shares vest equally on an annual basis beginning March 10, 2017 and ending on March 10, 2019, contingent
upon continued employment through each vest date. No additional shares can be earned under the Colonial Merger Plan.</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-weight: normal">(5)</FONT></TD><TD><FONT STYLE="font-weight: normal">On January 24, 2014,
Messrs. Bolton, Campbell and Grimes were granted 12,353, 5,088 and 5,088 shares of restricted common stock in conjunction with
the 2013 Long Term Incentive Program, or 2013 LTIP, respectively. The shares vest equally on an annual basis beginning January
23, 2015 and ending January 24, 2018, contingent upon continued employment through each vest date. No additional shares can be
earned under the 2013 LTIP.</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-weight: normal">(6)</FONT></TD><TD><FONT STYLE="font-weight: normal">On January 9, 2015,
Messrs. Bolton, Campbell, DelPriore and Grimes were granted 7,031, 2,735, 2,605 and 2,813 shares of restricted common stock in
conjunction with the 2015 LTIP, respectively. The shares vest equally on an annual basis beginning January 9, 2016 and ending
on January 9, 2020, contingent upon continued employment through each vest date. On March 25, 2016, Messrs. Bolton, Campbell,
DelPriore and Grimes were granted an additional 9,375, 3,646, 3,473 and 3,750 shares of restricted common stock in conjunction
with the 2015 LTIP, respectively. The shares vest equally on an annual basis</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ; margin-left: 1in">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">59</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>


<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ; margin-left: 1in"></P>

<!-- Field: Page; Sequence: 65 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,; text-align: left">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ; margin-left: 1in"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,; text-align: left; margin-left: 0.75in">beginning March 25, 2017 and ending on March 25, 2018, contingent upon continued employment through each vest date.
Messrs. Bolton, Campbell, DelPriore and Grimes are eligible for a maximum of additional awards under the 2015 LTIP totaling 7,031,
2,735, 2,605 and 2,813 shares of restricted common stock, respectively.</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,; margin-left: 1in">&nbsp;&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ; margin-left: 1in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-weight: normal">(7)</FONT></TD><TD><FONT STYLE="font-weight: normal">On March 24, 2015,
Messrs. Bolton, Campbell and Grimes were granted 2,044, 1,406 and 1,406 shares of restricted common stock, respectively, in consideration
for the removal of tax gross-up provisions for excess parachute payments and in Mr. Bolton&rsquo;s case, to remove the modified,
single-trigger termination right in his legacy employment agreement, which had been previously granted to the executive officers.
The shares vest 100% on March 24, 2020, contingent upon continued employment through the vest date. No additional shares can be
earned under this grant.</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-weight: normal">(8)</FONT></TD><TD><FONT STYLE="font-weight: normal">On January 8, 2016,
Messrs. Bolton, Campbell, DelPriore and Grimes were granted 5,673, 2,659, 2,161 and 2,726 shares of restricted common stock in
conjunction with the 2016 LTIP, respectively. The shares vest equally on an annual basis beginning January 8, 2017 and ending
on January 8, 2021, contingent upon continued employment through each vest date. On March 24, 2017, Messrs. Bolton, Campbell,
DelPriore and Grimes were granted an additional 8,509, 3,989, 3,241 and 4,089 shares of restricted common stock in conjunction
with the 2016 LTIP, respectively. The shares vest equally on an annual basis beginning March 24, 2018 and ending on March 24,
2019, contingent upon continued employment through each vest date. Messrs. Bolton, Campbell, DelPriore and Grimes are eligible
for a maximum of additional awards under the 2016 LTIP totaling 14,182, 6,648, 5,402 and 6,814 shares of restricted common stock,
respectively.</FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">60</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<!-- Field: Page; Sequence: 66 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>







<P STYLE="border-bottom: Black 1pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-align: left"><A NAME="maadef14aa021"></A>OPTION
EXERCISE AND STOCK VESTED&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in; text-align: left"><FONT STYLE="font-weight: normal">&nbsp;The
following table summarizes the number of shares acquired upon the vesting of stock awards and the value realized by our named
executive officers as a result of each such occurrence during 2016. None of our named executive officers hold any stock options.
Accordingly, no options were exercised in 2016 by our named executive officers. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in; text-align: left">&nbsp;</P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 60%; margin-left: 8%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD COLSPAN="6" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif, "><B>Stock Awards</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 40%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; width: 16%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt"><B>Number
                                         of</B></FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; width: 3%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; width: 2%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; width: 13%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; width: 2%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt"><B>Shares</B></FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt"><B>Acquired</B></FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif, "><B>Value Realized</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt"><B>on
                                         Vesting</B></FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif, "><B>on Vesting</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt"><B>(#)</B></FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif, "><B>($)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">Name</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">(1)</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif, ">(2)</FONT> </TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">Mr.
    Bolton</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1,934</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">174,118</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">CEO</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1,181</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">106,597</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">915</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">82,588</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1,406</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">126,906</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1,759</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">157,079</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1,710</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">152,703</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">3,088</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">282,490</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">3,473</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">326,670</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">Mr.
    Campbell</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">378</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">34,031</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">EVP,
    CFO</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">484</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">43,686</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">281</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">25,363</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">547</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">49,372</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">684</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">61,081</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">599</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">53,491</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1,272</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">116,363</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1,351</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">127,075</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">Mr.
    DelPriore</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">521</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">47,025</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">EVP,
    General Counsel</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">587</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">52,419</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">342</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">30,541</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1,158</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">108,921</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">Mr.
    Grimes</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">404</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">36,372</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">EVP,
    COO</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">476</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">42,964</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">276</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">24,912</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">562</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">50,726</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">704</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">62,867</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">411</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">36,702</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1,272</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">116,363</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1,389</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">130,649</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;&nbsp;&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">61</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>


<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<!-- Field: Page; Sequence: 67 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>


<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-weight: normal">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-weight: normal">The shares represented in this column vested from the following
plans:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 90%; font: 8pt Arial, Helvetica, Sans-Serif, ; margin-left: 5%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">ASC 718</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Stock</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Total</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Shares</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Remaining</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Grant</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Issue</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Shares</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Vested</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Unvested</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">Vesting</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: left">Plan</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Date</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Date</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Granted</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid">in 2016</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid">Shares</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid">Schedule</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">2008 LTIP</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 18%; text-align: left; padding-left: 0.25in">Mr. Bolton</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">7/1/2008</FONT></TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/3/2012</FONT></TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 7%; text-align: right">7,739</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 7%; text-align: right">1,934</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 7%; text-align: right">&mdash;</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 25%; text-align: left">25% annually beginning 1/2/2013</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Campbell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">7/1/2008</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/3/2012</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,515</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">378</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">25% annually beginning 1/2/2013</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid; padding-left: 0.25in">Mr. Grimes</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">7/1/2008</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/3/2012</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">1,618</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">404</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&mdash;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">25% annually beginning 1/2/2013</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">2012 LTIP</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Bolton</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/3/2012</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/10/2013</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,726</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,181</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,181</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">25% annually beginning 1/10/2014</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Campbell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/3/2012</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/10/2013</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,938</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">484</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">484</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">25% annually beginning 1/10/2014</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid; padding-left: 0.25in">Mr. Grimes</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/3/2012</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/10/2013</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">1,906</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">476</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">476</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">25% annually beginning 1/10/2014</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">2012 Bonus</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Bolton</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">3/12/2013</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">3/12/2013</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,659</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">915</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">914</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">25% annually beginning 1/10/2014</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Campbell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">3/12/2013</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">3/12/2013</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,125</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">281</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">281</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">25% annually beginning 1/10/2014</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid; padding-left: 0.25in">Mr. Grimes</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">3/12/2013</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">3/12/2013</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">1,106</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">276</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">276</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">25% annually beginning 1/10/2014</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Colonial Merger Plan</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Bolton</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">8,550</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,710</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,130</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">20% annually beginning 1/13/2015</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Campbell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,993</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">599</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,795</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">20% annually beginning 1/13/2015</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. DelPriore</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,710</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">342</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,026</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">20% annually beginning 1/13/2015</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid; padding-left: 0.25in">Mr. Grimes</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">2,052</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">411</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">1,230</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">20% annually beginning 1/13/2015</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">2013 LTIP</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Bolton</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/2/2013</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/24/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">12,353</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,088</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6,176</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">25% annually beginning 1/24/2015</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Campbell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/2/2013</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/24/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,088</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,272</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,544</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">25% annually beginning 1/24/2015</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid; padding-left: 0.25in">Mr. Grimes</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/2/2013</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/24/2014</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">5,088</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">1,272</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">2,544</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">25% annually beginning 1/24/2015</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left">2014 LTIP</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Bolton</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">8,794</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,759</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,276</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">20% annually beginning 1/13/2015</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Campbell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,420</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">684</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,052</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">20% annually beginning 1/13/2015</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. DelPriore</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,932</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">587</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,758</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">20% annually beginning 1/13/2015</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Grimes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,518</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">704</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,110</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">20% annually beginning 1/13/2015</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Bolton</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">3/10/2015</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6,946</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,473</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,473</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">50% annually beginning 3/10/2016</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Campbell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">3/10/2015</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,702</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,351</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,351</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">50% annually beginning 3/10/2016</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. DelPriore</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">3/10/2015</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,316</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,158</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,158</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">50% annually beginning 3/10/2016</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid; padding-left: 0.25in">Mr. Grimes</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/13/2014</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">3/10/2015</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">2,779</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">1,389</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">1,390</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">50% annually beginning 3/10/2016</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">2015 LTIP</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Bolton</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/9/2015</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/9/2015</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7,031</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,406</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,625</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">20% annually beginning 1/9/2016</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. Campbell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/9/2015</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/9/2015</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,735</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">547</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,188</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">20% annually beginning 1/9/2016</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-left: 0.25in">Mr. DelPriore</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/9/2015</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/9/2015</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,605</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">521</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,084</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">20% annually beginning 1/9/2016</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid; padding-left: 0.25in">Mr. Grimes</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/9/2015</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 8pt">1/9/2015</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">2,813</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">562</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">2,251</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">20% annually beginning 1/9/2016</TD></TR>
</TABLE>



<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-align: justify"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-align: justify"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-weight: normal">(2)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-weight: normal">The value realized on vesting represents the number of shares
vesting multiplied by the closing stock price on the day of vest.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">62</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>


<!-- Field: Page; Sequence: 68 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<P STYLE="border-bottom: Black 1pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-align: left"><A NAME="maadef14aa022"></A>401(K)
SAVINGS PLAN</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in">We adopted a 401(K) Plan under the terms
of which, participants may elect to defer a percentage of their compensation and we may match a portion of their deferral. The
mutual funds available for investment in the 401(K) Plan for 2016, as well as those fund&rsquo;s respective rates of return for
2016, are indicated in the below table:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 80%; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">2016</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Rate
    of</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Name of
    Fund</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Return</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 87%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">American
    Beacon Small Cap Value Advisor Fund</FONT></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="width: 10%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">26.13</FONT></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Deutsche
    Real Estate Securities A Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">6.75</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Equity
    Income Separate Account R5 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">15.28</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Fixed
    Income Guaranteed Option</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">1.17</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Franklin
    Small Cap Growth Adv Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">8.64</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Hartford
    International Opportunities R4 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">0.72</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">International
    Equity Index Separate Account R5 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">0.56</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">LargeCap
    Growth I Separate Account R5 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">0.72</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">LargeCap
    S&amp;P 500 Index Separate Account R5 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">11.49</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">MidCap
    S&amp;P 400 Index Separate Account R5 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">20.17</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Oppenheimer
    Developing Markets A Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">6.89</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Pioneer
    Bond A Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">4.18</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Principal
    LifeTime Hybrid Income CIT R6 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">4.38</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Principal
    LifeTime Hybrid 2010 CIT R6 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">5.45</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Principal
    LifeTime Hybrid 2015 CIT R6 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">6.24</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Principal
    LifeTime Hybrid 2020 CIT R6 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">6.75</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Principal
    LifeTime Hybrid 2025 CIT R6 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">7.28</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Principal
    LifeTime Hybrid 2030 CIT R6 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">7.76</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Principal
    LifeTime Hybrid 2035 CIT R6 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">8.19</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Principal
    LifeTime Hybrid 2040 CIT R6 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">8.51</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Principal
    LifeTime Hybrid 2045 CIT R6 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">8.78</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Principal
    LifeTime Hybrid 2050 CIT R6 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">9.00</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Principal
    LifeTime Hybrid 2055 CIT R6 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">9.19</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Principal
    LifeTime Hybrid 2060 CIT R6 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">9.14</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Prudential
    High-Yield A Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">14.98</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">RidgeWorth
    Ceredex Mid-Cap Value Equity A Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">19.83</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">SmallCap
    S&amp;P 600 Index Separate Account R5 Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">25.99</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">Wells
    Fargo Discovery A Fund</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">7.18</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">%</FONT></TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in">Under the terms of the 401(K) Plan, benefits
generally start on or after the date the participant reaches the age of 65. Under applicable law, participants must begin receiving
benefits by April 1<SUP>st</SUP> following the later of the calendar year in which a participant reaches the age of 70 &frac12;,
or stops working for MAA.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">63</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>



<!-- Field: Page; Sequence: 69 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in">The following table discloses the participation
of named executive officers in the 401(K) Plan in 2016:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 9pt Arial, Helvetica, Sans-Serif,">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Aggregate</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Executive</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Registrant</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Aggregate</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Aggregate</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Balance</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Contributions in</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Contributions in</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Earnings (Loss)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Withdrawals/</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">at Last</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Last FY (1)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Last FY</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">in Last FY (2)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold">Distributions</TD><TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>FYE</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid">Name</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: center">($)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: center">($)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: center">($)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: center">($)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: center">($)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 30%; font-weight: bold; text-align: left">Mr. Bolton</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 2%; text-align: right">$</TD><TD STYLE="width: 9%; text-align: right">24,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 2%; text-align: right">$</TD><TD STYLE="width: 9%; text-align: right">10,600</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 2%; text-align: right">$</TD><TD STYLE="width: 9%; text-align: right">2,788</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 2%; text-align: right">$</TD><TD STYLE="width: 9%; text-align: right">&mdash;</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 2%; text-align: right">$</TD><TD STYLE="width: 9%; text-align: right">37,388</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid">CEO</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; text-align: left">Mr. Campbell</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">18,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">10,600</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">43,744</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">361,558</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">EVP, CFO</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; text-align: left">Mr. DelPriore</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">18,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">10,600</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">2,884</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">31,484</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">EVP, General Counsel</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-weight: bold; text-align: left">Mr. Grimes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">18,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">10,600</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">28,768</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">&mdash;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">$</TD><TD STYLE="text-align: right">374,213</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">EVP, COO</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD></TR>
</TABLE>



<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-align: justify"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-weight: normal">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-weight: normal">Mr. Bolton&rsquo;s contribution represents an annual catch up
payment.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-weight: normal">(2)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-weight: normal">The earnings reflected represent deemed investment earnings or
losses from voluntary deferrals and our contributions, as applicable. The 401(K) Plan does not guarantee a return on deferred amounts.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">64</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>


<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<!-- Field: Page; Sequence: 70 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>




<P STYLE="border-bottom: Black 1pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-align: left"><A NAME="maadef14aa023"></A>NON-QUALIFIED
DEFERRED COMPENSATION</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in">We adopted our Deferred Comp Plan for certain
executive employees. Under the terms of the Deferred Comp Plan, participants may elect to defer a percentage of their compensation
and we may match a portion of their deferral. The mutual funds available for investment in the Deferred Comp Plan for 2016, as
well as those fund&rsquo;s respective rates of return for 2016, are indicated in the below table:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; color: Red"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 80%; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">2016</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">Rate of</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">Name of Fund</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">Return</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 87%; text-align: left"><FONT STYLE="font-size: 10pt">Equity Income R5 Fund - PEIQX</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-size: 10pt">15.30</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Hartford International Opportunities R4 Fund - IHOSX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">0.72</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">International Equity Index R5 Fund - PIIQX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">0.56</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">LargeCap Growth I R5 Fund - PPUPX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">0.76</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">LargeCap S&amp;P 500 Index R5 Fund - PLFPX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">11.49</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">MidCap S&amp;P 400 Index R5 Fund - PMFPX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">20.12</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Oppenheimer Developing Markets A Fund - ODMAX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">6.89</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Pioneer Bond A Fund - PIOBX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">4.18</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Principal LifeTime 2020 Inst Fund - PLWIX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5.83</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Principal LifeTime 2025 Inst Fund - LTSTX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">6.02</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Principal LifeTime 2030 Inst Fund - PMTIX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5.89</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Principal LifeTime 2035 Inst Fund - LTIUX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5.33</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Principal LifeTime 2040 Inst Fund - PTDIX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5.45</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Principal LifeTime 2045 Inst Fund - LTRIX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5.58</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Principal LifeTime 2050 Inst Fund - PPLIX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5.58</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Principal LifeTime 2055 Inst Fund - LTFIX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5.72</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Principal LifeTime 2060 Inst Fund - PLTZX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5.68</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Prudential High-Yield A Fund - PBHAX</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">14.98</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 10pt">SmallCap S&amp;P 600 Index R5 Fund - PSSPX</FONT></TD><TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 10pt">25.94</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-size: 10pt">%</FONT></TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; color: Red"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in">Distributions from the Deferred Comp Plan
for balances prior to 2016 are made in five equal annual installments beginning on the first day following the sixth full month
occurring after the earliest of death, disability, or separation from service. Balances from 2016 and forward will be distributed
in compliance with the participant&rsquo;s previous elections for the specific contributions in the form of either a lump-sum payment
or substantially equal annual installments amortized over a period not to exceed ten years beginning on the later of January 1<SUP>st</SUP>
or six months and a day after the participant&rsquo;s separation from service. Notwithstanding the foregoing, in the case of a
participant who becomes entitled to receive benefits on account of disability, the balances from 2016 and forward will be paid
in a lump sum on or after the 15<SUP>th</SUP> of the first month following determination of disability.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">65</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>



<!-- Field: Page; Sequence: 71 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in">The following table discloses the participation
of named executive officers in the Deferred Comp Plan in 2016:&nbsp;</P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 9pt Arial, Helvetica, Sans-Serif,">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Aggregate</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Executive</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Registrant</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Aggregate</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Aggregate</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Balance</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Contributions
    in</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Contributions
    in</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Earnings
    (Loss)</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Withdrawals/</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">at
    Last</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Last
    FY</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Last
    FY (1)</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">in
    Last FY (2)</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Distributions</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">FYE</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Name</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">($)</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">($)</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">($)</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">($)</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-size: 10pt; text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt"><B>&nbsp;
    ($)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 30%; font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Mr.
    Bolton</FONT></TD><TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="width: 9%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">40,147</FONT></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="width: 9%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">1,937</FONT></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="width: 9%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">120,074</FONT></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="width: 9%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&mdash;</FONT></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="width: 9%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">2,108,134</FONT></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">CEO</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Mr.
    Campbell</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">99,167</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">18,015</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">52,303</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&mdash;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">537,203</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">EVP,
    CFO</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Mr.
    DelPriore</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">68,633</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">16,701</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">12,792</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&mdash;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">229,171</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">EVP,
    General Counsel</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Mr.
    Grimes</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">81,482</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">17,481</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">19,895</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&mdash;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">378,024</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">EVP,
    COO</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-align: justify"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-weight: normal">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-weight: normal">In 2016, MAA changed the timing of its employer matching contributions
from mirroring the timing of employee contributions to matching the timing of employee contributions resulting from an annual bonus
payment and matching employee contributions resulting from payroll contributions at year end. The amounts reflected in the above
table represent the employer match made in relation to employee contributions resulting from annual bonus payments. While an employer
matching contribution for employee contributions resulting from payroll contributions was made for 2016 at year end, the match
was not credited to the employee accounts by the administrator until January 3, 2017. The above table excludes the year end company
match so that the fiscal yearend balance matches the administrator&rsquo;s records. The below table discloses the year end company
match made by MAA for 2016 for each named executive officer. Both of the matches are reported in the Summary Compensation Table
under &ldquo;All Other Compensation&rdquo;.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 40%; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Year
    end</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Registrant</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Contribution</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 30%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Mr.
    Bolton</FONT></TD><TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 3%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="width: 15%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">41,196</FONT></TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Mr.
    Campbell</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">13,703</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Mr.
    DelPriore</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">11,813</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">Mr.
    Grimes</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">$</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">13,912</FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif, , Times, Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif, ; font-size: 9pt">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-weight: normal">(2)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-weight: normal">The earnings reflected represent deemed combined investment earnings
or losses from voluntary deferrals and our contributions, as applicable. The Deferred Comp Plan does not guarantee a return on
deferred amounts.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="color: Red; font: bold 10pt Arial, Helvetica, Sans-Serif, ; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">66</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, "></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif, ">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,"></P>

<!-- Field: Page; Sequence: 72 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif,"></P>


<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="border-bottom: Black 1pt solid; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"><A NAME="maadef14aa024"></A>EMPLOYMENT
AGREEMENTS AND POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Mr. Bolton entered into an employment agreement
with us on March 24, 2015, that replaced his previous agreement which had been entered into in 2008. The employment agreement outlines
the compensation he will receive and (i) has a term of one year that renews automatically on the first day of each month for an
additional one-month period, so that on the first day of each month, unless sooner terminated in accordance with the terms of the
agreement, the remaining term is one year; (ii) provides for an annual base salary for Mr. Bolton, subject to change at the discretion
of the Compensation Committee; and (iii) allows for annual incentive/bonus compensation.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 40pt">Upon Mr. Bolton&rsquo;s termination due to
death or permanent disability or in the event he is terminated without cause or resigns for good reason, we will pay Mr. Bolton
(or his personal representative) all amounts due to him as of the date of termination under the terms of all incentive and bonus
plans, and will also continue to pay him his base salary as then in effect for one year after the termination. In addition, all
stock options or restricted stock granted to Mr. Bolton will become fully vested and exercisable in accordance with the terms on
the termination date. Alternatively, Mr. Bolton may elect to receive an amount in cash equal to the in-the-money value of the shares
covered by all such options.&nbsp;&nbsp;Finally, we will pay to Mr. Bolton all legal fees incurred by him in connection with his
termination without cause or resignation for good reason.&nbsp;&nbsp;In this scenario, our current equity plans allow for the full
vesting of any earned stock options and restricted stock as defined by each individual plan.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 40pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">If Mr. Bolton is terminated without cause
in anticipation of, on, or within three years after a change in control or resigns for good reason within three years after a change
in control, he is entitled to receive a payment equal to the sum of 2.99 times his annual base salary in effect on the date of
termination plus 2.99 times his average annual cash bonus paid during the two immediately preceding fiscal years.&nbsp;&nbsp;However,
if the change in control transaction occurs within three years of the executive&rsquo;s planned retirement date, the maximum change
in control payment would be the base salary and bonus payable to executive through the anticipated date of retirement.&nbsp;&nbsp;
In addition, all stock options and restricted stock granted to Mr. Bolton shall become fully vested and exercisable in accordance
with the terms on the termination date. Alternatively, Mr. Bolton may elect to receive an amount in cash equal to the greater of
(i) the in-the-money value of the shares covered by all such options or (ii) the difference between the highest per share price
for our shares paid in connection with the change in control and the per share exercise price of the options held by him, multiplied
by the number of shares covered by all such options. Finally, we will pay Mr. Bolton all legal fees incurred by him in connection
with the change in control termination.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 40pt">The employment agreement also contains certain
confidentiality and non-competition provisions, as well as the agreement of Mr. Bolton, for a period of two years following a change
in control termination, not to have an interest in a competitor or engage in a competitive business, in any capacity, within five
miles of a property we own at the time of termination of employment.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 40pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Messrs. Campbell, DelPriore and Grimes have
change in control agreements that were entered into on March 24, 2015. The agreements outline the compensation they will receive
under certain change in control scenarios. For Messrs. Campbell and Grimes, these agreements replaced change in control agreements
originally entered into in December 1999 which were subsequently amended and restated in 2008.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Each change in control agreement provides
that in the event of a change in control termination, each of Messrs. Campbell and/or Grimes, is entitled to receive a payment
equal to the sum of 2.99 times</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif; text-indent: 1.25in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">67</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif; text-indent: 1.25in"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 73 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">his annual base salary in effect on the date of termination plus 2.99 times his average annual cash
bonus paid during the two immediately preceding fiscal years.&nbsp;&nbsp;In addition, all stock options and restricted stock granted
to Messrs. Campbell, DelPriore and/or Grimes shall become fully vested and exercisable in accordance with the terms on the termination
date. Alternatively, Messrs. Campbell, DelPriore and/or Grimes may elect to receive an amount in cash equal to the greater of (i)
the in-the-money value of the shares covered by all such options or (ii) the difference between the highest per share price for
our shares paid in connection with the change in control and the per share exercise price of the options held by him, multiplied
by the number of shares covered by all such options. Finally, we will pay Messrs. Campbell, DelPriore and/or Grimes all legal fees
incurred by him in connection with the change in control. The change in control agreements also require that Messrs. Campbell,
DelPriore and/or Grimes , for a period of two years following a change in control termination, not have an interest in a competitor
or engage in a competitive business, in any capacity, within five miles of a property we own at the time of termination of employment.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 40pt"><I>Calculation of Benefits</I>. The following
tables include an estimate of the potential payments we would be required to make upon termination of employment of the named executive
officers in each of the circumstances described below. In providing the estimated potential payments, we have made the following
general assumptions in all circumstances where applicable:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 40pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         date of termination is December 31, 2016;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The annual salary at the time of termination equals the 2016 base
salary as established by the Compensation Committee for each named executive officer;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">There is no accrued and unpaid salary; and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">There is no unpaid reimbursement for expenses incurred prior to the
date of termination.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 27pt">Termination due to death or disability or
by MAA without cause or by the executive officer for good reason in the absence of a change in control:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 27pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; color: Red"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 45%; font: 10pt Arial, Helvetica, Sans-Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid">Severance Benefit Component</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid"><B>Mr. Bolton</B><BR>
<B>CEO</B></TD><TD STYLE="font-weight: bold; padding-bottom: 1pt; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 33%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">12 months base salary <SUP>(1)</SUP></FONT></TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 8%; text-align: right">640,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Pro-rated bonus</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">1,600,000</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Equity Awards <SUP>(2)</SUP></FONT></TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">$</TD><TD STYLE="text-align: right">5,948,341</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Perquisites <SUP>(3)</SUP></FONT></TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid">16,610</TD><TD STYLE="text-align: left; padding-bottom: 1pt; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-bottom: 2pt; border-bottom: Black 2pt solid">Total</TD><TD STYLE="padding-bottom: 2pt; border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="padding-bottom: 2pt; border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: left; border-bottom: Black 2pt solid">$</TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid">8,204,951</TD><TD STYLE="text-align: left; padding-bottom: 2pt; border-bottom: Black 2pt solid">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; color: Red"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; color: Red">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(1)</TD><TD>Semi-monthly payments of base salary for one year following the termination date, subject to the 6-month delayed payment rule
under Section 409A of the Internal Revenue Code.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(2)</TD><TD>Aggregate unvested restricted shares as of December 31, 2016 multiplied by $97.92, our closing stock price on the NYSE on December
30, 2016.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">(3)</TD><TD>Upon a termination, other than death, lump sum payment for 12 months of insurance coverage for health, dental, life and disability
substantially equivalent to the costs under our benefit plans.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif; text-indent: 1.25in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">68</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif; text-indent: 1.25in"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>



<!-- Field: Page; Sequence: 74 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Termination by us without cause (or by the
executive officer for good reason) in anticipation of, on, or within a specified period after a change in control:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: Red"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Calibri, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Severance Benefit Component</FONT></TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Mr. Bolton<BR> CEO</FONT></TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Mr. Campbell <BR> EVP, CFO</FONT></TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Mr. DelPriore<BR> EVP, General
    Counsel</FONT></TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Mr. Grimes<BR> EVP, COO</FONT></TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 32%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2.99 x base salary</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="width: 12%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1,913,600</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="width: 12%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1,196,000</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="width: 16%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1,166,100</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="width: 12%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1,225,900</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2.99 x bonus <SUP>(1)</SUP></FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4,473,788</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1,550,361</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1,413,056</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1,544,567</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Pro-rated bonus</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1,600,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">600,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">585,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">820,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Equity awards <SUP>(2)</SUP></FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5,948,341</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2,346,707</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1,453,054</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2,151,684</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Perquisites <SUP>(3)</SUP></FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">33,220</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">40,584</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">24,213</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">40,584</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Deferred Comp Plan <SUP>(4)</SUP></FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&mdash;</FONT></TD><TD STYLE="text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&mdash;</FONT></TD><TD STYLE="text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">22,295</FONT></TD><TD STYLE="text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&mdash;</FONT></TD><TD STYLE="text-align: left; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Total</FONT></TD><TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">13,968,949</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5,733,652</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4,663,718</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5,782,735</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
</TABLE>







<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 27.35pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD>Bonus is the average annual cash bonus paid for the two immediately preceding fiscal years.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 27.35pt"></TD><TD STYLE="width: 18pt">(2)</TD><TD>Aggregate unvested restricted shares as of December 31, 2016 multiplied by $97.92, the closing stock price on the NYSE on December
30, 2016.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 27.35pt"></TD><TD STYLE="width: 18pt">(3)</TD><TD>For Mr. Bolton, lump sum payment for 24 months of insurance coverage for health, dental, life and disability substantially
equivalent to the costs under the our benefit plans. For Messrs. Campbell, DelPriore, and Grimes, lump sum payment for 24 months
insurance coverage for health, dental and vision.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 27.35pt"></TD><TD STYLE="width: 18pt">(4)</TD><TD>The amount of any unvested employer contributions under our Deferred Comp Plan.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"><B><A NAME="maadef14aa025"></A>COMPENSATION RISKS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 42.85pt">We believe that any risks arising from
our compensation policies and practices for our employees are not reasonably likely to have a material adverse effect on the company.
Furthermore, the Compensation Committee believes that the nature of the various elements of executive compensation do not encourage
management to assume excessive risks.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 42.85pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 42.85pt">The Compensation Committee, with input
from independent compensation consultants, extensively reviewed the elements of executive compensation to determine whether any
portion of executive compensation encouraged excessive risk taking and concluded that the long-term nature of incentive plans
tied to total shareholder return or other performance measurements discouraged excessive short-term risk taking. The Compensation
Committee also determined that the capped nature of the long-term incentive plans would serve to discourage excessive or inappropriate
risk taking in the long term. The Compensation Committee feels there is an appropriate mix of compensation elements to minimize
any risk taking by executive officers.&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 42.85pt">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif; text-indent: 2.5in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">69</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif; text-indent: 2.5in"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 75 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 42.85pt"></P>




<P STYLE="color: white; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040"><FONT STYLE="font-size: 14pt"><A NAME="maadef14aa026"></A>COMPENSATION
COMMITTEE INTERLOCKS&nbsp;</FONT></P>

<P STYLE="color: white; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040"><FONT STYLE="font-size: 14pt">AND
INSIDER PARTICIPATION&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">As of December&nbsp;31, 2016, the Compensation
Committee consisted of Philip W. Norwood, as Chair, Monica McGurk, Claude B. Nielsen and William B. Sansom. None of the current
members of the Compensation Committee is or was an officer or employee of the company. During 2016, none of our named executive
officers served as a director or member of the Compensation Committee of any other entity whose executive officers served on our
Board of Directors or Compensation Committee.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="color: white; font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040"><FONT STYLE="font-size: 14pt"><A NAME="maadef14aa027"></A>DIRECTOR
COMPENSATION TABLE</FONT>&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">As part of their analysis, consultants hired
by the Compensation Committee to advise on executive officer compensation programs also review our director compensation programs
and offer the Compensation Committee guidance to ensure director compensation programs are appropriate relative to our peer group.
Directors who are our employees do not receive additional remuneration for serving as directors. Beginning with the election of
directors at the 2016 Annual Shareholder Meeting, each non-employee director received $55,000 for a year of service on our Board
of Directors. To compensate for their additional duties, the Audit Committee chair received an additional $17,500, the Compensation
Committee chair received an additional $15,000 and the Nominating and Corporate Governance Committee chair received an additional
$10,000, all on a year of service basis. To compensate non-chair committee members for their additional duties, Audit Committee
members received an additional $7,500, Compensation Committee members received an additional $6,250, Nominating and Corporate Governance
Committee members received an additional $3,750 and Real Estate Investment Committee members received an additional $6,250, on
a year of service basis. To compensate our Lead Independent Director for his additional duties, he received an additional $10,000
on a year of service basis.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">In accordance with our Non-Qualified Deferred
Compensation Plan For Outside Company Directors, the directors have the option of having phantom stock issued into a deferred compensation
account in lieu of receiving cash. If directors choose to defer their compensation in this manner, the compensation is then issued
in two annual installments either in shares of our common stock or in a cash equivalent upon the director&rsquo;s retirement from
the Board of Directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Non-employee directors also received the
equivalent of $105,000 worth of shares of restricted common stock upon their election to our Board of Directors in May 2016. The
shares vest on the first anniversary of the date of the Annual Meeting of Shareholders at which the grant was made. At the discretion
of the Compensation Committee, new directors appointed to our Board of Directors mid-term may receive a pro-rata grant of restricted
stock based on the amount of time they will serve until the next Annual Meeting of Shareholders.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif; text-indent: 1.25in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">70</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif; text-indent: 1.25in"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 76 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The
table below represents the compensation earned by each non-employee director during 2016.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Fees</B></FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR>
    <FONT STYLE="font-size: 9pt"><B>Earned</B></FONT><BR> <FONT STYLE="font-size: 9pt"><B>or</B></FONT><BR>
    <FONT STYLE="font-size: 9pt"><B>Paid in</B></FONT><BR> <FONT STYLE="font-size: 9pt"><B>Cash</B></FONT></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Stock</B></FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR>
    <FONT STYLE="font-size: 9pt"><B>Awards</B></FONT></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Option</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Non-Equity</B></FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR>
    <FONT STYLE="font-size: 9pt"><B>Incentive Plan</B></FONT></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Change
    in</B></FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR>
    <FONT STYLE="font-size: 9pt"><B>Pension</B></FONT><BR>
    <FONT STYLE="font-size: 9pt"><B>Value and</B></FONT><BR>
    <FONT STYLE="font-size: 9pt"><B>Nonqualified</B></FONT><BR>
    <FONT STYLE="font-size: 9pt"><B>Deferred</B></FONT><BR>
    <FONT STYLE="font-size: 9pt"><B>Compensation</B></FONT></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>All Other</B></FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR>
    <FONT STYLE="font-size: 9pt"><B>Compensation</B></FONT></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
</TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>($)</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>($)</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Awards</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Compensation</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Earnings</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>($)</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Total</B></FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
</TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Name</B></FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>(1)</B></FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>(2)</B></FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>($)</B></FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>($)</B></FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>($)</B></FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>(3)</B></FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>($)</B></FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
</TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 20%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Russell R.
    French</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="width: 8%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">13,750</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="width: 7%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">78,679</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="width: 7%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="width: 7%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">92,429</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Alan B. Graf, Jr.</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">80,625</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">77,146</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">262,744</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Ralph Horn <SUP>(4)</SUP></FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">38,750</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">96,442</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">135,192</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Toni Jennings</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">13,750</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">78,679</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">92,429</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">James K. Lowder</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">55,625</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">160,598</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Thomas H. Lowder</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">60,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">730</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">165,703</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Monica McGurk</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">58,750</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">149,915</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3,163</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">211,828</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Claude B. Nielsen</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">65,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">16,547</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">186,520</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Philip W. Norwood</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">78,125</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">44,518</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">227,616</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">W. Reid Sanders</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">67,500</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">15,778</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">188,251</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">William B. Sansom</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">63,750</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">28,772</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">197,495</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Gary Shorb</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">61,250</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">27,360</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">193,583</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">John W. Spiegel (4)</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">30,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">30,000</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">David
    P. Stockert</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">13,750</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">78,679</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&mdash;&nbsp;&nbsp;</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">92,429</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 4.35pt 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(1)</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">This
column represents annual director fees and committee chair and committee member fees regardless of whether they were paid as cash
or deferred by the director and issued as phantom stock in Mid-America&rsquo;s Non-Qualified Deferred Compensation Plan For Outside
Company Directors.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 4.35pt 0pt 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">71</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 4.35pt 0pt 0"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<!-- Field: Page; Sequence: 77 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 4.35pt 0pt 0"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(2)</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">This
column represents the full grant date fair value in accordance with FASB ASC Topic 718 in the year of the grant. The restricted
common stock awards that were granted in 2016 include the following grants:</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 2.95pt 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 95%; font: 10pt Arial, Helvetica, Sans-Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">Name</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold"><FONT STYLE="font-size: 9pt">Date of<BR>
    Grant</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">Price<BR>
    of<BR>
    Grant</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">Number<BR>
    of<BR>
    Shares</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">Vesting<BR>
    Schedule</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">2016<BR>
    ASC 718<BR>
    Expense</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">Full<BR>
    Grant Date<BR>
    Fair Value</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 29%; text-align: left"><FONT STYLE="font-size: 9pt">Russell R. French</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">12/8/2016</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="width: 7%; text-align: right"><FONT STYLE="font-size: 9pt">92.13</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 7%; text-align: right"><FONT STYLE="font-size: 9pt">854</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 18%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100%
                                         on May 17, 2017</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="width: 7%; text-align: right"><FONT STYLE="font-size: 9pt">11,240</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="width: 7%; text-align: right"><FONT STYLE="font-size: 9pt">78,679</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">Alan B. Graf, Jr.</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">5/17/2016</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">101.13</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">1,038</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100%
                                         on May 17, 2017</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">61,234</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">Toni Jennings</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">12/8/2016</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">92.13</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">854</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100%
                                         on May 17, 2017</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">11,240</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">78,679</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">James K. Lowder</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">5/17/2016</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">101.13</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">1,038</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100%
                                         on May 17, 2017</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">61,234</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">Thomas H. Lowder</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">5/17/2016</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">101.13</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">1,038</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100%
                                         on May 17, 2017</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">61,234</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">Monica McGurk</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3/22/2016</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">99.43</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">452</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100%
                                         on May 19, 2016</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">44,942</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">44,942</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">Monica McGurk</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">5/17/2016</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">101.13</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">1,038</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100%
                                         on May 17, 2017</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">61,234</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">Claude B. Nielsen</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">5/17/2016</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">101.13</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">1,038</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100%
                                         on May 17, 2017</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">61,234</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">Philip W. Norwood</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">5/17/2016</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">101.13</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">1,038</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100%
                                         on May 17, 2017</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">61,234</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">W. Reid Sanders</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">5/17/2016</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">101.13</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">1,038</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100%
                                         on May 17, 2017</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">61,234</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">William B. Sansom</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">5/17/2016</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">101.13</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">1,038</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100%
                                         on May 17, 2017</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">61,234</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">Gary Shorb</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">5/17/2016</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">101.13</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">1,038</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100%
                                         on May 17, 2017</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">61,234</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 9pt">104,973</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">David P. Stockert</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">12/8/2016</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">92.13</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">854</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100%
                                         on May 17, 2017</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">11,240</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">$</FONT></TD><TD STYLE="text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">78,679</FONT></TD><TD STYLE="text-align: left; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 9pt; text-align: left">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(3)</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">This
column represents the dividend reinvestment shares acquired in our Non-Qualified Deferred Compensation Plan For Outside Company
Directors during the year.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 9pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(4)</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Messrs.
Horn and Spiegel did not stand for reelection to the Board of Directors at the 2016 Annual Meeting of Shareholders.</FONT></TD>
</TR></TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 4.35pt 0pt 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">72</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 4.35pt 0pt 0"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 78 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>


<P STYLE="margin: 0">&nbsp;</P>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 14pt"><B><A NAME="maadef14aa028"></A>AUDIT
COMMITTEE REPORT</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Audit Committee has the responsibilities
and powers set forth in its charter which include the responsibility to assist our Board of Directors in its oversight of our accounting
and financial reporting principles and policies and internal audit controls and procedures, the integrity of our financial statements,
our compliance with legal and regulatory requirements, the independent auditor&rsquo;s qualifications and independence, and the
performance of the independent auditor and our internal audit function. The Audit Committee is also required to prepare this report
to be included in our annual Proxy Statement pursuant to the proxy rules of the SEC.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Management is responsible for the preparation,
presentation and integrity of our financial statements and for maintaining appropriate accounting and financial reporting principles
and policies and internal controls and procedures to provide for compliance with accounting standards and applicable laws and regulations.
The internal auditor is responsible for testing such internal controls and procedures. Our independent registered public accounting
firm is responsible for planning and carrying out a proper audit of our annual financial statements, reviews of our quarterly financial
statements prior to the filing of each quarterly report on Form 10-Q, and other procedures.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The Audit Committee has
reviewed and discussed our audited financial statements for the year ended December 31, 2016 with management. In addition, the
Audit Committee has discussed with Ernst &amp; Young LLP, our independent registered public accounting firm, the matters required
to be discussed by the Auditing Standard No. 1301, <I>Communications with Audit Committees</I>, as adopted by the Public Company
Accounting Oversight Board, and other matters required by the charter of this committee.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Audit Committee also has received the
written disclosures and the letter from Ernst &amp; Young LLP required by the Public Company Accounting Oversight Board Rule 3526,
and has discussed with Ernst &amp; Young LLP their independence from the company and its management.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Audit Committee has received both management&rsquo;s
and the independent registered public accountant&rsquo;s reports on internal control over financial reporting and has discussed
those reports.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Audit Committee has discussed with management
and the independent registered public accountants such other matters and received such assurances from them as they deemed appropriate.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">As a result of their review and discussions,
the Audit Committee has recommended to the Board of Directors the inclusion of our audited financial statements in the Annual Report
on Form 10-K for the year ended December 31, 2016, for filing with the SEC.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Arial, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%">AUDIT
COMMITTEE:<BR>
Alan B. Graf, Jr. (Chair)<BR>
Russell R. French<BR>
W. Reid Sanders<BR>
Gary Shorb</TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><I>The material in the foregoing Audit Committee report is not
&ldquo;soliciting material,&rdquo; is not deemed &ldquo;filed&rdquo; with the SEC, and is not to be incorporated by reference into
any of our filings under the 1933 Act or the Exchange Act, whether made before or after the date hereof.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">73</FONT></TD></TR>
</TABLE>


<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 79 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 14pt"><B><A NAME="maadef14aa029"></A>AUDIT
AND NON-AUDIT FEES</B></FONT><B> </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The following table shows the fees paid
or accrued by us for audit and other services provided by Ernst &amp; Young LLP, our independent registered public accounting firm
effective October 31, 2005, for the years ended December 31, 2016 and 2015. Audit Fees consists of fees billed for professional
services rendered and expenses incurred relating to the audit of our financial statements and internal control over financial reporting,
the review of our interim financial statements and for work on securities offerings and other filings with the SEC, including comfort
letters, consents and comment letters. Audit-Related Fees consists of fees billed for professional services rendered and expenses
incurred specifically pertaining to our merger with Post Properties, including an audit of Post Properties and various registration
statements for capital market-related filings.&nbsp; Tax Fees consists of fees billed for professional services rendered and expenses
incurred related to tax return preparation and compliance, and general tax consulting. For 2016, Tax Fees also includes fees billed
for professional services rendered and expenses incurred pertaining to tax-related due diligence support for our merger with Post
Properties and a special project regarding review of a taxable REIT subsidiary restructuring. For 2015, Tax Fees also includes
fees billed for professional services rendered and expenses incurred pertaining to special projects regarding modeling and planning
related to our operating partnership and cost segregation analysis. All Other Fees consists of fees billed for subscriptions to
online accounting and tax information services.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 63%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; margin-left: 0.5in">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 8%; padding-bottom: 1pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Audit</B></FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR>
    <FONT STYLE="font-size: 10pt"><B>Fees</B></FONT></FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Audit</B></FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR>
    <FONT STYLE="font-size: 10pt"><B>Related</B></FONT><BR>
    <FONT STYLE="font-size: 10pt"><B>Fees</B></FONT></FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Tax</B></FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR>
    <FONT STYLE="font-size: 10pt"><B>Fees</B></FONT></FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>All</B></FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR>
    <FONT STYLE="font-size: 10pt"><B>Other</B></FONT><BR>
    <FONT STYLE="font-size: 10pt"><B>Fees</B></FONT></FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Total</B></FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><BR>
    <FONT STYLE="font-size: 10pt"><B>Fees</B></FONT></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2016</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$&nbsp;&nbsp;1,967,513</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$&nbsp;&nbsp;1,144,042</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$&nbsp;&nbsp;766,497</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$&nbsp;&nbsp;1,975</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$&nbsp;&nbsp;3,880,027</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2015</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$&nbsp;&nbsp;2,142,296</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&mdash;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$&nbsp;&nbsp;295,767</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$&nbsp;&nbsp;1,990</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="text-align: center; border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">$&nbsp;&nbsp;2,440,053</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">SEC rules under Section 202 of the Sarbanes-Oxley
Act of 2002 require the Audit Committee to pre-approve audit and non-audit services provided by our independent registered public
accounting firm. In 2002, our Audit Committee began pre-approving all services provided by our independent registered public accounting
firm and has pre-approved all new services since that time.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">74</FONT></TD></TR>
</TABLE>


<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 80 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>
<P STYLE="color: white; font: italic bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040"><FONT STYLE="font-size: 14pt; font-style: normal"><A NAME="maadef14aa030"></A>PROPOSAL
NO. 1</FONT></P>

<P STYLE="color: white; font: italic bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040"></P>

<P STYLE="color: white; font: italic bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040"><FONT STYLE="font-size: 14pt; font-style: normal">ELECTION
OF DIRECTORS</FONT></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our Board of Directors proposes that H.
Eric Bolton, Jr., Russell R. French, Alan B. Graf, Jr., Toni Jennings, James K. Lowder, Thomas H. Lowder, Monica McGurk, Claude
B. Nielsen, Philip W. Norwood, W. Reid Sanders, Gary Shorb and David P. Stockert, all of whom are currently serving as directors,
be elected for a term of one year or until their successors are duly elected and qualified. We have no reason to believe that any
nominee for director will not agree or be available to serve as a director if elected. However, should any nominee become unable
or unwilling to serve, the proxies may be voted for a substitute nominee or to allow the vacancy to remain open until filled by
our Board of Directors. The presence of a quorum at the Annual Meeting, either in person or by written proxy, and the cast of more
&ldquo;For&rdquo; votes than votes cast &ldquo;Against&rdquo; for each nominee are necessary at the meeting to elect a nominee
as a director.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our Board of Directors believes that it
is necessary for our directors to possess a variety of backgrounds and skills in order to provide a broad voice of experience and
leadership. When searching for new candidates, the Nominating and Corporate Governance Committee considers the evolving needs of
our Board of Directors and searches for candidates that fill any current or anticipated future gap. When evaluating new candidates,
the Nominating and Corporate Governance Committee considers business management experience and education, industry knowledge, conflicts
of interest, public company experience, integrity and ethics, and commitment to the goal of maximizing shareholder value. The Nominating
and Corporate Governance Committee does not have a policy about diversity, but does seek to provide our Board of Directors with
a depth of experience and differences in viewpoints and skills. In considering candidates for our Board of Directors, the Nominating
and Corporate Governance Committee considers both the entirety of each candidate&rsquo;s credentials and the current and potential
future needs of our Board of Directors. With respect to the nomination of continuing directors for re-election, the individual&rsquo;s
contributions to our Board of Directors are also considered.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">All our directors bring unique skills to
our Board of Directors, integrity, high ethical standards and a dedication to representing our shareholders. Furthermore, all of
our directors live in states in which we currently have real estate investments. This provides them with geographic expertise related
to our portfolio footprint. Certain individual qualifications and skills of our directors that contribute to our Board of Directors&rsquo;
effectiveness as a whole are described below.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">As discussed previously, the retirement
age for our directors is 75. Our Corporate Governance Guidelines provide that no director who is or would be over the age of 75
at the expiration of his or her current term may be nominated to a new term, unless the Board of Directors waives the retirement
age for a specific director for special circumstances.&nbsp; In accordance with our Corporate Governance Guidelines, the Board
of Directors has determined to not re-nominate William B. Sansom, age 75, for re-election at the Annual Meeting. In connection
therewith, the size of our Board of Directors will be reduced from thirteen to twelve directors with nine independent directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Information regarding each of the nominees
for director is set forth below. Directors&rsquo; ages are given as of the date of the Annual Meeting.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">75</FONT></TD></TR>
</TABLE>


<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 81 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>


<P STYLE="margin: 0">&nbsp;</P>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0;"><B>NOMINEES FOR ELECTION</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; border-bottom: Black 1pt solid"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Terms will expire at the 2018 Annual Meeting
of Shareholders</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">

<TR STYLE="vertical-align: top; background-color: #D9D9D9">
    <TD STYLE="border-top: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt; width: 30%">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><FONT STYLE="font-size: 14pt"><B>H. ERIC BOLTON,
        JR.</B></FONT></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>&nbsp;</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Chairman of the</I></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Board of Directors and</I></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Chief Executive Officer of MAA</I></P>
        </TD>
    <TD STYLE="border-top: Black 2pt solid; border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt; width: 70%">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">Mr. Bolton joined MAA in 1994 as Vice President of
        Development and was named Chief Operating Officer in February 1996 and promoted to President in December 1996. Mr. Bolton assumed
        the position of Chief Executive Officer in October 2001 and became Chairman of the Board of Directors in September 2002. Mr. Bolton
        was with Trammell Crow Company for more than five years, and prior to joining us was Executive Vice President and Chief Financial
        Officer of Trammell Crow Realty Advisors.</P>
        </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Director since:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">February 1997</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Age: </I></B>60</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Board Committees:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">Real Estate Investment (Chairman)</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Other Public Company Boards:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">EastGroup Properties</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">(2013&ndash;current)</P>
</TD>


    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Key Attributes, Experiences and Skills:</I></B></P>
	<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 12.6pt; text-indent: -13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 12.6pt; text-indent: -13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Ethical,
decisive and effective leadership</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Extensive
business and operating experience</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Tremendous
knowledge of MAA and the multi-family real estate industry</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Additional
depth to REIT and Apartment experience and knowledge from service on the Advisory Board of Governors of NAREIT and the Executive
Committee of the National Multifamily Housing Council </FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Broad
strategic vision for MAA</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Service
as our Chairman and Chief Executive Officer creates a critical link between management and our Board of Directors, enabling our
Board of Directors to perform its oversight function with the benefits of management&rsquo;s perspectives on the business</FONT></P></TD></TR>

</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #D9D9D9">
    <TD STYLE="border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt; width: 29%; border-top: Black 2pt solid">
        <P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B>RUSSELL R. FRENCH</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Special Limited Partner of</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Moseley &amp; Co. VI, LLC and</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Class B Partner of</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Moseley &amp; Co. VII, LLC and</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Moseley &amp; Co. SBIC, LLC</I></P></TD>
    <TD STYLE="border-top: Black 2pt solid; border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt; width: 70%"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 3.3pt; margin-bottom: 0pt; text-align: left">Mr. French was appointed to the Board of Directors pursuant to the terms of the merger agreement between us and Post Properties, Inc. Mr. French is currently a special limited partner of Moseley &amp; Co. VI, LLC since 2007 and a Class B Partner of both Moseley &amp; Co. VII, LLC and Moseley &amp; Co. SBIC, LLC since 2014. In addition, Mr. French has been a member of MKFJ-IV, LLC since 1998 and Moseley &amp; Co. V, LLC since 2000, each of which is the general partner of a venture capital fund. Mr. French is a retired venture capitalist and was previously a member of Moseley &amp; Co. III and a partner of Moseley &amp; Co. II, positions he held for more than five years. Mr. French is an Emeritus Trustee of Emory University.</P>

</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Director since:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">December 2016</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Age: </I></B>71</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Board Committees:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">Audit Committee</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Other Public Company Boards:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">Post Properties, Inc.&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">(1993&ndash;2016)</P>
</TD>
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
         <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Key Attributes, Experiences and Skills:</I></B></P>
         <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>&nbsp;</I></B></P>


        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Provides a breadth of knowledge in company oversight from his extensive experience in evaluating businesses across a range of industries
        </FONT></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Provides financial expertise including the evaluation of financial statements and long term company performance from his 30 year
        career as a venture capitalist</FONT></P>
        </TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">76</FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0">&nbsp;</P>
<!-- Field: Page; Sequence: 82 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: right; margin-bottom: 0pt; font: normal 10pt Arial, Helvetica, Sans-Serif"> </P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #D9D9D9">
    <TD STYLE="border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt; border-top: Black 2pt solid; width: 30%">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><FONT STYLE="font-size: 14pt"><B>ALAN B. GRAF,
        JR.</B></FONT></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>&nbsp;</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Executive Vice President and</I></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Chief Financial Officer of</I></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>FedEx Corporation</I></P>
        </TD>
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt; border-top: Black 2pt solid; width: 70%">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">Mr. Graf has been the Executive Vice President and
        Chief Financial Officer of FedEx Corporation since 1998 and is a member of FedEx Corporation&rsquo;s Executive Committee. Prior
        to that time, Mr. Graf was Executive Vice President and Chief Financial Officer for FedEx Express, FedEx&rsquo;s predecessor, from
        1991 to 1998. Mr. Graf joined FedEx in 1980. Mr. Graf also serves on the boards of Methodist LeBonheur Healthcare and the Indiana
        University Foundation and is a University of Memphis Trustee.</P>
        </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Director since:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">June 2002</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Age: </I></B>63</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Board Committees:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">Audit</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">(Chairman)</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Other Public Company Boards:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">NIKE, Inc.</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">(2002&ndash;current)</P>
</TD>
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: -0.25in"><B><I>Key Attributes, Experiences and Skills:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0.25in; text-indent: -0.25in"><B><I>&nbsp;</I></B></P>


        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Offers valuable business leadership, management experience and insight and guidance on strategic direction and growth opportunities
        from his 35-year career at FedEx Corporation</FONT></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Provides financial expertise including an understanding of financial statements, corporate finance, accounting and capital markets
        from his financial background and his service on the audit committee of NIKE, Inc.</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt; text-indent: -13.5pt">&nbsp;</P></TD></TR>

</TABLE>
<P STYLE="margin: 0">&nbsp;&nbsp;&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #D9D9D9">
    <TD STYLE="width: 29%; border-top: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><FONT STYLE="font-size: 14pt"><B>TONI JENNINGS</B></FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Chairman of the</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Board of Directors of</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Jack Jennings &amp; Sons, Inc. and</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Jennings &amp; Jennings, Inc.</I></P>
</TD>
    <TD STYLE="width: 71%; border-top: Black 2pt solid; border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">Ms. Jennings was appointed to the Board of Directors
        pursuant to the terms of the merger agreement between us and Post Properties, Inc. Ms. Jennings currently serves as the Chairman
        of the Board of Jack Jennings &amp; Sons, Inc., a commercial construction firm, a position she has held for nine years. Ms. Jennings
        served as and was the first female Lieutenant Governor for the State of Florida from 2003 to 2007. Prior to that, Ms. Jennings
        served as President of Jack Jennings &amp; Sons, Inc. from 1982 to 2003. During this time, Ms. Jennings also served in the Florida
        legislature, from 1976 to 2000, including 20 years in the Florida Senate where she served the last four years as Senate President.</P>
</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Director since:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">December 2016</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt">&nbsp;</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Age: </I></B>68</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Board Committees:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">Compensation;</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">Nominating and Corporate Governance</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt">&nbsp;</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Other Public Company Boards:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">Next Era Energy, Inc.</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">(2007-current);</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">Brown &amp; Brown, Inc.</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">(2007-current &amp; 1997-2003);</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">Post Properties, Inc.</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">(2011&ndash;2016)</P>
        </TD>
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Key Attributes, Experiences and Skills:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Offers
insight from her extensive legislative and political experience gained through four years of service as Lieutenant Governor of
the State of Florida and 24 years in the Florida legislature</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Provides relevant business acumen from her 29 years of experience as an owner and operator of a successful industry-related business</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt; text-indent: -13.5pt">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="margin: 0">&nbsp;&nbsp;</P>
<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">77</FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0">&nbsp;</P>
<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 83 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: right; margin-bottom: 0pt; font: normal 10pt Arial, Helvetica, Sans-Serif"> </P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #D9D9D9">
    <TD STYLE="width: 29%; border-top: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><FONT STYLE="font-size: 14pt"><B>JAMES K.
        LOWDER</B></FONT></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>&nbsp;</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Chairman of the</I></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Board of Directors of</I></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>The Colonial Company</I></P>
        </TD>
    <TD STYLE="width: 71%; border-top: Black 2pt solid; border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">Mr. Lowder was appointed to the Board of Directors
pursuant to the terms of the merger agreement between us and Colonial Properties Trust. Mr. Lowder has served as chairman of the
board of The Colonial Company and its subsidiaries since 1995. Mr. Lowder is a member of the Home Builders Association of Alabama,
the Greater Montgomery Home Builders Association, and serves on the board of directors of Alabama Power Company. James K. Lowder
is the brother of Thomas H. Lowder, another one of our directors.</P>
        </TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Director since:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">October 2013</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Age: </I></B>67</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Board Committees:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">Nominating and Corporate Governance</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Other Public Company Boards:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">Colonial Properties Trust</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">(1993-2013)</P>
</TD>
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Key Attributes, Experiences and Skills:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>&nbsp;</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Vast experience in the real estate development and construction industries in the Southeast</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Extensive knowledge of all phases of the commercial real estate industry and economic cycles</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Mr. Lowder&rsquo;s previous service as a trustee for Colonial Properties Trust provides our Board of Directors with historical
        knowledge and perspective of the Colonial Properties Trust portfolio and promotes stability in our operations following our merger
        with Colonial Properties Trust</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 12.6pt; text-indent: -13.5pt">&nbsp;</P></TD></TR>
</TABLE>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #D9D9D9">
    <TD STYLE="width: 30%; border-top: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><FONT STYLE="font-size: 14pt"><B>THOMAS H.
        LOWDER</B></FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Past Chairman of the</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Board of Trustees and</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Chief Executive Officer of</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Colonial Properties Trust</I></P>
</TD>
    <TD STYLE="width: 70%; border-top: Black 2pt solid; border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">Mr. Lowder was appointed to the Board of Directors
        pursuant to the terms of the merger agreement between us and Colonial Properties Trust. Mr. Lowder served as the Chairman of the
        Board of Trustees for Colonial Properties Trust from 1993 to October 2013 and as the Chief Executive Officer from 1993 to 2006
        and again from 2008 to 2013. Mr. Lowder became President and Chief Executive Officer of Colonial Properties, Inc., Colonial Properties
        Trust&rsquo;s predecessor, in 1976. Mr. Lowder also serves on the boards of Children&rsquo;s Hospital of Alabama, and Crippled Children&rsquo;s
        Foundation. Thomas H. Lowder is the brother of James K. Lowder, another one of our directors.</P>
</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Director since:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">October 2013</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Age: </I></B>67</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Board Committees:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">Real Estate Investment</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Other Public Company Boards:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">Colonial Properties Trust</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.125in">(1993-2013)</P>
</TD>
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Key Attributes, Experiences and Skills:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>&nbsp;</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 12.6pt; text-indent: -13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;Depth of experience in the acquisition, development, management, and sale of multifamily, office and retail properties</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 12.6pt; text-indent: -13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;Tremendous knowledge of the markets in which we operate</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 12.6pt; text-indent: -13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;Mr. Lowder&rsquo;s previous service as Chief Executive Officer and Chairman of the Board for Colonial Properties Trust provides
        our Board of Directors with historical knowledge and perspective of the Colonial Properties Trust portfolio and promotes stability
        in our operations following our merger with Colonial Properties Trust</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 12.6pt; text-indent: -13.5pt">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="margin: 0">&nbsp;&nbsp;</P>
<!-- Field: Rule-Page --><DIV ALIGN="CENTER" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">78</FONT></TD></TR>
</TABLE>
<P STYLE="margin: 0">&nbsp;</P>
<!-- Field: Page; Sequence: 84 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: right; margin-bottom: 0pt; font: normal 10pt Arial, Helvetica, Sans-Serif"> </P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<P STYLE="margin: 0">&nbsp;&nbsp;</P>



<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #D9D9D9">
    <TD STYLE="width: 32%; border-top: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><FONT STYLE="font-size: 14pt"><B>MONICA McGURK</B></FONT></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><I>Chief Growth Officer of</I></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><I>Tyson Foods, Inc.</I></P>
</TD>
    <TD STYLE="width: 68%; border-top: Black 2pt solid; border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">Ms. McGurk has served as the Chief Growth Officer
        for Tyson Foods, Inc. since 2017. Ms. McGurk joined Tyson Foods, Inc. in 2016 and prior to her current position served as Executive
        Vice President of Strategy and Ventures, and President of Foodservice. Prior to joining Tyson Foods, Inc., Ms. McGurk worked for
        The Coca-Cola Company as Senior Vice President, Strategy, Decision Support and eCommerce, North America Group from 2014 to 2016,
        and as Vice President, Strategy &amp; eCommerce from 2012 to 2014. Prior to her employment with The Coca-Cola Company, Ms. McGurk
        served for eight months as the Chief Executive Officer of The Alumni Factor, a digital media and information services start up.
        From 1992 to 2012, Ms. McGurk served in a variety of roles, including eight years as a partner, at McKinsey &amp; Company, a global
        management consulting firm.</P>
</TD></TR>
<TR STYLE="vertical-align: top">
    <TD ROWSPAN="2" STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Director since:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">March 2016</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">&nbsp;</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Age: </I></B>47</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">&nbsp;</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Board Committees:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">Compensation;</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">Nominating and Corporate Governance</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">&nbsp;</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Other Public Company Boards:</I></B></P>
</TD>
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt 5.4pt 10.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Key Attributes, Experiences and Skills:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">&nbsp;</P>
	<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt">&#9679;<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;
Valuable guidance on corporate strategy development, consumer analysis and marketing and eCommerce from her career with Tyson
Foods, Inc., The Coca-Cola Company and McKinsey &amp; Company</FONT></P>
</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 2pt solid; padding-right: 5.4pt; padding-left: 5.4pt"></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #D9D9D9">
    <TD STYLE="width: 32%; border-top: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><FONT STYLE="font-size: 14pt"><B>CLAUDE B.
        NIELSEN</B></FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><I>Chairman of the Board of Directors of
        Coca-Cola Bottling Company United, Inc.</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">&nbsp;</P></TD>
    <TD STYLE="width: 68%; border-top: Black 2pt solid; border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">Mr. Nielsen was appointed to the Board Of
Directors pursuant to the terms of the merger agreement between us and Colonial Properties Trust. Mr. Nielsen has served as Chairman
of the Board of Directors for Coca-Cola Bottling Company United, Inc. since 2003. Mr. Nielsen served as chief executive officer
of Coca-Cola Bottling Company United, Inc. from 1991 to his planned retirement in 2016. Mr. Nielsen had been appointed as president
in 1990. Prior to 1990, Mr. Nielsen served as president of Birmingham Coca-Cola Bottling Company. Mr. Nielsen currently serves
as Chairman for The Coca-Cola Scholars Foundation and is a board member of the Birmingham Business Alliance.</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD ROWSPAN="2" STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Director since:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">October 2013</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Age: </I></B>66</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Board Committees:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">Compensation;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">Nominating and Corporate Governance (Chairman)</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Other Public Company Boards:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0.12in">Colonial Properties Trust<BR>
(1993-2013);</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt"></P></TD>
    <TD STYLE="border-right: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Key Attributes, Experiences and Skills:</I></B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt">&#9679;<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;
        Unique perspective and insight as an experienced participant in the financial services and beverage industries</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt">&#9679;<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;
        Extensive experience in the capital markets from his executive leadership of the Coca-Cola Bottling Company United, Inc. and his
        tenure as a director of Regions Financial Corporation</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt">&#9679;<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;
        Mr. Nielsen&rsquo;s previous service as a trustee for Colonial Properties Trust provides our Board of Directors with historical
        knowledge and perspective of the Colonial Properties Trust portfolio and promotes stability in our operations following our merger
        with Colonial Properties Trust</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="margin: 0">&nbsp;</P>





<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">79</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>
<!-- Field: Page; Sequence: 85 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #D9D9D9">
    <TD STYLE="width: 32%; border-top: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><FONT STYLE="font-size: 12pt"><B>PHILIP W.
        NORWOOD</B></FONT></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><I>Past President and Chief Executive Officer
of Faison Enterprises, Inc.</I></P>
</TD>
    <TD STYLE="width: 68%; border-top: Black 2pt solid; border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">Mr. Norwood is a Principal of Haviland Capital, LLC,
        an investment company. Mr. Norwood served as the President and Chief Executive Officer of Faison Enterprises, Inc., a real estate
        development and investment company, from 1994 until his retirement in March 2013. Prior to joining Faison Enterprises, Inc., Mr.
        Norwood held several positions for Trammell Crow Company. Mr. Norwood is a member of several real estate associations and serves
        as the Chairman of the Board of Directors for Pacolet Milliken Enterprises, Inc.</P>
</TD></TR>
<TR STYLE="vertical-align: top">
    <TD ROWSPAN="2" STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Director since:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">August 2007</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Age: </I></B>69</P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Board Committees:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">Compensation (Chairman);</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">Nominating and Corporate Governance;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">Real Estate Investment</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Other Public Company Boards:</I></B></P>
</TD>
    <TD STYLE="border-right: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Key Attributes, Experiences and Skills:</I></B></P>
</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt">&#9679;<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;
        Extensive and in-depth real estate knowledge and experience, as well as capital markets and financial expertise from his 35-year
        career in the real estate industry and extensive participation in some of the most prominent real estate associations</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt">&#9679;<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;
        Astute insight into operational and strategic matters as well as potential acquisitions and divestitures</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt">&#9679;<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;
Industry specific operational experience, making him uniquely qualified to serve as the Chairman of the Compensation Committee
as he has a keen understanding of executive compensation, its impact on recruitment and retention and the alignment of management
and shareholder interests</FONT></P></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #D9D9D9">
    <TD STYLE="width: 32%; border-top: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><FONT STYLE="font-size: 12pt"><B>W. REID SANDERS</B></FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><I>President of Sanders Properties, LLC and
Sanders Investments, LLC</I></P></TD>
    <TD STYLE="width: 68%; border-top: Black 2pt solid; border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">Mr. Sanders is the Co-Founder and served as
the Executive Vice President of Southeastern Asset Management, and the President of Longleaf Partners Funds from 1975 to 2000.
Prior to co-founding Southeastern Asset Management in 1975, Mr. Sanders served as an investment officer and worked in credit analysis
and commercial lending in the banking industry from 1971 to 1975. Mr. Sanders currently serves on the Board of Directors, Compensation
Committee and Executive Committee for Independent Bank, serves on the Investment Committee at Cypress Realty, a limited partnership
involved in commercial real estate, and is on the Advisory Board of SSM Venture Partners III, L.P.</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD ROWSPAN="2" STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Director since:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">March 2010</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Age: </I></B>67</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Board Committees:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">Audit;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">Real Estate Investment</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Other Public Company Boards:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">Silver Bay Realty Trust Corp.</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">(2016-current);</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">Two Harbors Investment Corp.</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt">(2009-current)</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 9pt"></P></TD>
    <TD STYLE="border-right: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>Key Attributes, Experiences and Skills:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"><B><I>&nbsp;</I></B></P>
         <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt">&#9679;<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;
        Financial expertise and valuable insight into the capital markets from his 41-year career in the financial industry</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt">&#9679;<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;
        Valuable insights regarding the evaluation of potential acquisitions and divestitures from his service on the Investment Committee
        of a commercial real estate limited partnership</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt"></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 20pt; text-indent: -20pt">&#9679;<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;
Mr. Sanders&rsquo; understanding of financial statements, corporate finance, and accounting makes him a valued member of the Audit
Committee</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD></TR>
</TABLE>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">&nbsp;</P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">80</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>
	<!-- Field: Page; Sequence: 86 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 3.3pt 0pt 0"></P>


<P STYLE="margin: 0">&nbsp;</P>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #D9D9D9">
    <TD STYLE="width: 30%; border-top: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B>GARY SHORB</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Senior Advisor to</I></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Chief Executive Officer of</I></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Methodist Le Bonheur Healthcare</I></P>
</TD>
    <TD STYLE="width: 70%; border-top: Black 2pt solid; border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">Mr. Shorb served as the President and Chief Executive
        Officer of Methodist Le Bonheur Healthcare, an integrated healthcare system that comprises a seven-hospital operation centered
        in the Mid-South with over 11,000 employees, from 2001 to his planned retirement in 2016. Mr. Shorb will serve as a Senior Advisor
        to the Chief Executive Officer through April 2017. Mr. Shorb joined Methodist Le Bonheur Healthcare in 1990 as Executive Vice President.
        Before joining Methodist Le Bonheur Healthcare, Mr. Shorb served as President of the Regional Medical Center in Memphis, Tennessee
        for four years. Prior to his work in the healthcare industry, Mr. Shorb worked as a project engineer with Exxon and served as a
        Lieutenant Commander in the U.S. Navy. Mr. Shorb serves on a number of civil and not-for-profit boards.</P>
</TD></TR>
<TR STYLE="vertical-align: top">
    <TD ROWSPAN="2" STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Director since:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0pt">&nbsp;&nbsp;May 2012</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Age: </I></B>66</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Board Committees:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0pt">&nbsp;&nbsp;Audit</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Other Public Company Boards:</I></B></P>
</TD>
    <TD STYLE="border-right: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Key Attributes, Experiences and Skills:</I></B></P>
</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Offers valuable business leadership with expertise and experience in organizational development, management and business finance
        from his long career at Methodist Le Bonheur Healthcare and senior leadership positions held prior to joining Methodist Le Bonheur
        Healthcare</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Insights and experience directly attributable to our service-based operations from his experience as the Chief Executive Officer
        of a large consumer and service-based operation</FONT></P>
</TD></TR>
</TABLE>

 <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0.05in 0pt 12.6pt; text-indent: -13.5pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #D9D9D9">
    <TD STYLE="width: 30%; border-top: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B>DAVID P. STOCKERT</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><I>Past Chief Executive Officer and President
of Post Properties, Inc.</I></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P></TD>
    <TD STYLE="width: 70%; border-top: Black 2pt solid; border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">Mr. Stockert was appointed to the Board of Directors
        pursuant to the terms of the merger agreement between us and Post Properties, Inc. Mr. Stockert served as Chief Executive Officer
        and President of Post Properties, Inc. from 2002 to 2016 and as President and Chief Operating Officer from 2001 to 2002. Prior
        to joining Post Properties, Inc., Mr. Stockert served as Executive Vice President of Duke Realty Corporation from 1999 to 2000,
        and as Senior Vice President and Chief Financial Officer of Weeks Corporation from 1995 to 1999. Prior to joining Weeks Corporation,
        Mr. Stockert was an investment banker and a certified public accountant. Mr. Stockert currently serves on multiple civic and charitable
        boards in the Atlanta area, chairing or serving on various committees.</P>
</TD></TR>
<TR STYLE="vertical-align: top">
    <TD ROWSPAN="2" STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; border-left: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Director since:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0pt">&nbsp;&nbsp;December 2016</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Age: </I></B>55</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Board Committees:</I></B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0pt">&nbsp;&nbsp;Real Estate Investment</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0pt">&nbsp;</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Other Public Company Boards:</I></B></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: left">&nbsp;&nbsp;Post Properties, Inc.</P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt; text-align: left">&nbsp;&nbsp;(2002&ndash;2016)</P>
</TD>
    <TD STYLE="border-right: Black 2pt solid; padding: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0pt 0pt 0"><B><I>Key Attributes, Experiences and Skills:</I></B></P>
</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 2pt solid; border-bottom: Black 2pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Depth of experience in the acquisition, development, management, and sale of multifamily, office and retail properties</FONT></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Provides a breadth of industry knowledge having spent 26 years of his career working for three publically-traded real estate investment
        trusts</FONT></P>

        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#9679;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;Mr. Stockert&rsquo;s previous service as Chief Executive Officer for Post Properties, Inc. provides our Board of Directors with
        historical knowledge and perspective of the Post Properties, Inc. portfolio and promotes stability in our operations following
        our merger with Post Properties, Inc.</FONT></P>
</TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 0pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">81</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>
<!-- Field: Page; Sequence: 87 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: right; margin-bottom: 0pt; font: normal 10pt Arial, Helvetica, Sans-Serif"> </P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B><I>Our Board of Directors recommends
a vote &ldquo;FOR&rdquo; each of the Director nominees.</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Nominees receiving more &ldquo;For&rdquo;
votes than votes cast &ldquo;Against&rdquo; will be elected. Neither abstentions nor broker non-votes will have any legal effect
on whether this proposal is approved.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">82</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 88 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: right; margin-bottom: 0pt; font: normal 10pt Arial, Helvetica, Sans-Serif"> </P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><A NAME="maadef14aa031"></A><FONT STYLE="font-size: 14pt"><B>PROPOSAL
NO. 2</B><BR>
<B>ADVISORY (NON-BINDING) VOTE TO APPROVE&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 14pt"><B>THE
COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 14pt"><B>AS
DISCLOSED IN THIS PROXY STATEMENT</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Section 14A of the Exchange Act, requires
that we provide our shareholders with the opportunity to vote to approve, on a nonbinding, advisory basis, the compensation of
our &ldquo;named executive officers,&rdquo; as described under the headings &ldquo;Compensation Discussion and Analysis&rdquo;
(beginning on page 23) and &ldquo;Executive Compensation&rdquo; (beginning on page 54) of this Proxy Statement.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">As described in detail under the heading
&ldquo;Compensation Discussion and Analysis,&rdquo; we seek to closely align the interests of our named executive officers with
the interests of our shareholders. Our compensation programs are designed to reward our named executive officers for the achievement
of short-term and long-term strategic and operational goals and the achievement of increased total shareholder return, while at
the same time avoiding the encouragement of unnecessary or excessive risk-taking. The advisory vote on executive compensation is
an advisory, non-binding vote on the compensation of our &ldquo;named executive officers,&rdquo; as described in the Compensation
Discussion and Analysis Section, the tabular disclosure regarding such compensation, and the accompanying narrative disclosure,
set forth in this Proxy Statement. The advisory vote on executive compensation is not a vote on our general compensation policies,
compensation of the Board of Directors, or our compensation policies as they relate to risk management.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our philosophy in setting compensation policies
for named executive officers has five fundamental objectives: (1) to align the financial interests of our executives&rsquo; interests
with those of our shareholders both in the short and long term; (2) to provide incentives for achieving and exceeding annual and
long-term performance goals; (3) to attract and retain a highly skilled team of executives by providing total compensation that
is competitive with compensation at other well-managed REITs and real estate companies; (4) to reward superior corporate and individual
performance achieved through ethical leadership; and (5) to appropriately reward executive officers for creating long-term shareholder
value and returns. The Compensation Discussion and Analysis section beginning on page 23 provides a more detailed discussion of
the executive compensation program and compensation philosophy.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The vote on this resolution is not intended
to address any specific element of compensation; rather, the vote relates to the compensation of our named executive officers,
as described in this Proxy Statement in accordance with the compensation disclosure rules of the SEC. The vote under this proposal
is advisory, and therefore, not binding on us, our Board of Directors or the Compensation Committee. However, our Board of Directors,
including the Compensation Committee, values the opinions of our shareholders and, to the extent there is any significant vote
against the named executive officer compensation as disclosed in this Proxy Statement, we will consider our shareholders&rsquo;
concerns and evaluate what actions may be appropriate to address those concerns.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">83</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>


<!-- Field: Page; Sequence: 89 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our Board of Directors asks you to vote
&ldquo;FOR&rdquo; the following resolution:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">RESOLVED, that the compensation
paid to our named executive officers, as disclosed pursuant to Item 402 of Regulation S-K, including the Compensation Discussion
and Analysis, compensation tables and narrative discussion is hereby approved.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B><I>Our Board of Directors recommends
a vote &ldquo;FOR&rdquo; the advisory (non-binding) vote to approve the compensation of our named executive officers as disclosed
in this Proxy Statement</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">For the advisory (non-binding) vote on the
compensation of our named executive officers to be approved, the votes cast &ldquo;For&rdquo; the proposal must exceed the votes
cast &ldquo;Against&rdquo; the proposal. Neither abstentions nor broker non-votes will have any legal effect on whether this proposal
is approved.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">84</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>


<!-- Field: Page; Sequence: 90 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<BR>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><A NAME="maadef14aa032"></A><FONT STYLE="font-size: 14pt"><B>PROPOSAL
NO. 3</B><BR>
<B>ADVISORY (NON-BINDING) VOTE ON THE FREQUENCY OF</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 14pt"><B>AN
ADVISORY (NON-BINDING) VOTE ON</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 14pt"><B>THE
COMPENSATION OF EXECUTIVE OFFICERS</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Under Section 14A of the Exchange Act, we
also are required to seek an advisory (non-binding) shareholder vote regarding the frequency of the vote to approve, on a nonbinding,
advisory basis, the compensation of our &ldquo;named executive officers,&rdquo; as described in Proposal No. 2 on page 83. Section
14A of the Exchange Act also provides that shareholders must be given the opportunity to vote, on a non-binding, advisory basis,
for their preference as to how frequently we should seek future advisory votes on the compensation of our named executive officers
as disclosed in accordance with the compensation disclosure rules of the Securities and Exchange Commission, which we refer to
as an advisory vote on executive compensation. By voting with respect to this Proposal No. 3, shareholders may indicate whether
they would prefer that we conduct future advisory votes on executive compensation once every one, two, or three years. Shareholders
also may, if they wish, abstain from casting a vote on this proposal.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our Board of Directors recognizes the importance
of receiving regular input from our shareholders on important issues, such as our executive compensation. Our Board of Directors
believes that our current executive compensation programs directly link executive compensation to our financial performance and
align the interests of our executive officers with those of our shareholders. Our Board of Directors believes that giving our shareholders
the right to cast an advisory vote every year on their approval of the compensation arrangements of our named executive officers
is a good corporate governance practice and is in the best interests of our shareholders, by allowing our shareholders to provide
us with their input on our executive compensation philosophy, policies and practices as disclosed in our proxy statement every
year. Additionally in 2011, the last time our shareholders cast a vote on frequency, approximately 86% of the votes cast were voted
in favor of a one-year frequency.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">We recognize that the shareholders may have
different views as to the best approach for us, and therefore we look forward to hearing from our shareholders as to their preferences
on the frequency of an advisory vote on executive compensation.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The vote under this proposal is advisory,
and therefore, not binding on us, our Board of Directors or our Compensation Committee. However, the Board of Directors and the
Compensation Committee will take into account the outcome of the vote when considering the frequency of future advisory votes on
executive compensation. Our Board of Directors may decide that it is in the best interests of our shareholders and us to hold an
advisory vote on executive compensation more or less frequently than the frequency receiving the most votes cast by our shareholders.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our Board of Directors asks you to consider
the following resolution:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">RESOLVED, that an advisory vote
of our shareholders to approve the compensation of our named executive officers, as disclosed pursuant to the compensation disclosure
rules of the SEC, shall be held at an annual meeting of stockholders, beginning with the 2018 Annual Meeting of Shareholders every,
(a) 1 year, (b) 2 years, or (c) 3 years.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">85</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 91 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B><I>Our Board of Directors recommends
a vote for the selection of &ldquo;1 YEAR&rdquo; as<BR>
your preference for the frequency which shareholders provide an<BR>
advisory vote on executive compensation</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The enclosed proxy card gives you four choices
(every one, two or three years, abstain) for voting on this item and, therefore, shareholders will not be voting to approve or
disapprove the recommendation of our Board of Directors. Thus, the frequency period that receives the most votes will be deemed
to be the recommendation of the shareholders.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">86</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;&nbsp;</P>


<!-- Field: Page; Sequence: 92 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<BR>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><A NAME="maadef14aa033"></A><FONT STYLE="font-size: 14pt"><B>PROPOSAL
NO. 4</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 14pt"><B>RATIFICATION
OF APPOINTMENT OF</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><FONT STYLE="font-size: 14pt"><B>INDEPENDENT
REGISTERED PUBLIC ACCOUNTING FIRM</B>&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">The Audit Committee is responsible for selecting
our independent registered public accounting firm and has selected Ernst &amp; Young LLP to audit our financial statements for
the 2017 fiscal year. Although shareholder approval is not required to appoint Ernst &amp; Young LLP as our independent registered
public accounting firm for fiscal year 2017, our Board of Directors believes that submitting the appointment of Ernst &amp; Young
LLP to the shareholders for ratification is a matter of good corporate governance. A representative of Ernst &amp; Young LLP is
expected to be present at the Annual Meeting to make a statement if they so desire and to answer any appropriate questions.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">In the event you do not ratify the appointment
of Ernst &amp; Young LLP as our independent registered public accounting firm, the Audit Committee will reconsider the appointment
of Ernst &amp; Young LLP. Even if you do ratify the appointment, the Audit Committee in its discretion may direct the appointment
of a different independent registered public accounting firm at any time during the year if it believes that such a change would
be in the best interests of the company and its shareholders.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B><I>On behalf of the Audit Committee,
our Board of Directors recommends a vote in favor of</I></B>&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B><I>Proposal No. 4.</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Shareholder approval for the appointment
of our independent registered public accounting firm is not required, but the Board of Directors is submitting the selection of
Ernst &amp; Young LLP for ratification in order to obtain the views of our shareholders. This proposal will be approved if the
votes cast &ldquo;For&rdquo; the proposal exceed the votes cast &ldquo;Against&rdquo; the proposal. Neither abstentions nor broker
non-votes will have any legal effect on whether this proposal is approved. The Audit Committee will consider a vote against the
firm by the shareholders in selecting our independent registered public accounting firm in the future.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">87</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>


<!-- Field: Page; Sequence: 93 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<BR>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: #404040; color: white"><A NAME="maadef14aa034"></A><FONT STYLE="font-size: 14pt"><B>OTHER
MATTERS</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Our Board of Directors, at the time of the
preparation of this Proxy Statement, knows of no business to come before the meeting other than that referred to herein. If any
other business should come before the meeting, the person named in the enclosed proxy will have discretionary authority to vote
all proxies as recommended by the Board of Directors or, if no recommendation is given, in accordance with their best judgment.&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Arial, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>BY ORDER OF THE BOARD OF DIRECTORS</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD><IMG SRC="maadef14a011.jpg" ALT="-s- LESILE B.C. Wolfgang">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>Leslie B.C. Wolfgang</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD>&nbsp;</TD>
    <TD>Senior Vice President, Chief Ethics and Compliance Officer,
and Corporate Secretary</TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">April 19, 2017</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 3pt; margin-bottom: 3pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 14%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center; vertical-align: middle; padding-top: 4pt"><IMG SRC="maadef14a004.jpg" ALT="(MAA LOGO)"></TD>
    <TD STYLE="width: 80%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">2017
    Proxy Statement</FONT></TD>
    <TD STYLE="width: 6%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: middle; padding-top: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">88</FONT></TD></TR>
</TABLE>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>



<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 94 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>


<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><A NAME="maadef14aa035"></A><B><U>APPENDIX A</U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>Non-GAAP Financial Measures</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The reconciliation
of Net Income Available for MAA Common Shareholders, determined in accordance with GAAP, to Core FFO, a non-GAAP financial measure,
is set forth below.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><I>Dollars in thousands, except per share
data</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: center; border-bottom: Black 1pt solid">Year ended December 31,</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">Percent</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt; border-bottom: Black 1pt solid"><B>2016</B></TD><TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">2015</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">Change</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 61%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">Net income available for MAA common shareholders</TD><TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">$</TD><TD STYLE="width: 9%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">211,915</TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">$</TD><TD STYLE="width: 9%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">332,287</TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="width: 2%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 7%; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">Depreciation and amortization of real estate assets</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">319,528</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">291,572</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">Gain on sale of depreciable real estate assets</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">(80,397</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">)</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">(189,958</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">)</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">Loss (gain) on disposition within unconsolidated entities</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">98</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">(12</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">)</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 0.125in; text-indent: -0.125in">Depreciation and amortization of real estate assets of real estate joint ventures</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">61</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">25</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">Net income attributable to noncontrolling interests</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">12,180</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">18,458</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">Funds from operations attributable to MAA</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">463,385</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">452,372</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 0.125in">Acquisition expense</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">2,928</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">2,777</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 0.125in">Merger related expenses</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">39,033</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&mdash;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 0.125in">Integration related expenses</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">1,790</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&mdash;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 0.125in">Gain on sale of non-depreciable real estate assets</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">(2,300</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">)</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">(172</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">)</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 0.125in">Mark-to-market debt adjustment</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">(14,610</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">)</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">(19,955</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">)</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 0.125in">Loss on debt extinguishment</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">83</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">3,602</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">Core funds from operations attributable to MAA</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt double">$</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt double">490,309</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt double">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt double">$</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt double">438,624</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt double">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">Weighted average common shares and units - Diluted</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">82,918</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">79,551</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid">Core funds from operations per share and unit - Diluted</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt solid"></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt solid">$5.91</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt solid"></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt solid">$5.51</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">7.3</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">%</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The reconciliation
of Total Assets, determined in accordance with GAAP, to Gross Assets, a non-GAAP financial measure, is set forth below.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: Red"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 80%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: italic 10pt Arial, Helvetica, Sans-Serif">Dollars in thousands</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD><TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid">As of <BR> December 31, 2016</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 63%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">Total assets</TD><TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="width: 2%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">$</TD><TD STYLE="width: 12%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">11,604,491</TD><TD STYLE="width: 1%; font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 0.125in">Accumulated depreciation</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right">1,656,071</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 0.125in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Accumulated depreciation for corporate property <SUP>(1)</SUP></FONT></TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 1pt solid">18,730</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid">Gross assets</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 2pt solid">&nbsp;</TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt solid">$</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; border-bottom: Black 2pt solid">13,279,292</TD><TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left; border-bottom: Black 2pt solid">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: Red"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: Red"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 15pt">(1)</TD><TD>Included in Corporate property, net on the Consolidated Balance Sheets as filed with the SEC in the Registrant&rsquo;s Form
10-K on February 24, 2017.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 95; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: right; margin-bottom: 0pt; font: normal 10pt Arial, Helvetica, Sans-Serif"> A-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif; text-align: center">&nbsp;<IMG SRC="maadef14a012.jpg" ALT="(MAA LOGO)"></P>
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 96 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font-size: 10pt"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 90%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 1pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;<IMG SRC="proxycard001.jpg" ALT=""><I>&nbsp;</I></FONT></P>
                                                         <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B><I>MID-AMERICA
                                         APARTMENT COMMUNITIES, INC. <BR>
                                         ATTN: CORPORATE SECRETARY<BR>
                                         6584 POPLAR AVE. <BR>
                                         MEMPHIS, TN 38138</I></B></FONT></P></TD>
    <TD STYLE="padding-top: 6pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>VOTE
                                 BY INTERNET - <U>www.proxyvote.com</U></B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3.8pt; text-align: justify"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Use
the Internet to transmit your voting instructions and for electronic delivery of information up until 11:59 P.M. Eastern Time
the day before the cut-off date or meeting date. Have your proxy card in hand when you access the web site and follow the instructions
to obtain your records and to create an electronic voting instruction form.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>ELECTRONIC
        DELIVERY OF FUTURE PROXY MATERIALS</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3.8pt; text-align: justify"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">If
you would like to reduce the costs incurred by our company in mailing proxy materials, you can consent to receiving all future
proxy statements, proxy cards and annual reports electronically via e-mail or the Internet. To sign up for electronic delivery,
please follow the instructions above to vote using the Internet and, when prompted, indicate that you agree to receive or access
proxy materials electronically in future years.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>VOTE
        BY PHONE - 1-800-690-6903</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 3.8pt; text-align: justify"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Use
any touch-tone telephone to transmit your voting instructions up until 11:59 P.M. Eastern Time the day before the cut-off date
or meeting date. Have your proxy card in hand when you call and then follow the instructions.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>VOTE
        BY MAIL</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Mark,
sign and date your proxy card and return it in the postage-paid envelope we have provided or return it to Vote Processing, c/o
Broadridge, 51 Mercedes Way, Edgewood, NY 11717.</FONT></P></TD></TR>
</TABLE>


<P STYLE="margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 49%"></TD>
    <TD STYLE="width: 24%"></TD>
    <TD STYLE="width: 27%"></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">TO
VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS:</FONT></TD>
    <TD></TD>
    <TD></TD></TR>
<TR STYLE="vertical-align: top">
    <TD></TD>
    <TD></TD>
    <TD></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt dashed"></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; padding-left: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; font-weight: normal; font-style: normal">E21553-P87690</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">KEEP
THIS PORTION FOR YOUR RECORDS</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: center; padding-left: 1.625in; vertical-align: bottom"></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">DETACH AND RETURN THIS PORTION ONLY</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: center; vertical-align: bottom"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>THIS
    PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED.</B></FONT></TD></TR>
</TABLE>
<div STYLE="BORDER:solid black 2PX;padding-left:2%;padding-Right:2%;padding-top:1%;padding-bottom:1%;width:100%"><DIV STYLE="POSITION:RELATIVE;FLOAT:LEFT;WIDTH:48%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>MID-AMERICA
                                         APARTMENT COMMUNITIES, INC.</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 95%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; margin-left: 3%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 6%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 60%"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; text-align: center"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; text-align: center"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; text-align: center; padding-left: 2pt"><FONT STYLE="font: 6pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>The Board of Directors recommends you vote FOR the following proposal:</B></FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1.</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Election of Directors</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Nominees:</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>For</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Against</B></FONT></TD>
    <TD STYLE="text-align: center; padding-left: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Abstain</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1a.</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">H. Eric Bolton, Jr.</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&#9744;</FONT></TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center; padding-left: 2pt">&#9744;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1b.</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Russell R. French</FONT></TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center; padding-left: 2pt">&#9744;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1c.</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Alan B. Graf, Jr.</FONT></TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center; padding-left: 2pt">&#9744;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1d.</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Toni Jennings</FONT></TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center; padding-left: 2pt">&#9744;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1e.</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">James K. Lowder</FONT></TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center; padding-left: 2pt">&#9744;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1f.</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Thomas H. Lowder</FONT></TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center; padding-left: 2pt">&#9744;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1g.</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Monica McGurk</FONT></TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center; padding-left: 2pt">&#9744;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1h.</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Claude B. Nielsen</FONT></TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center; padding-left: 2pt">&#9744;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1i.</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Philip W. Norwood</FONT></TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center; padding-left: 2pt">&#9744;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 2pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1j.</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">W. Reid Sanders</FONT></TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center; padding-left: 2pt">&#9744;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-left: 2pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1k.</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Gary Shorb</FONT></TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center; padding-left: 2pt">&#9744;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-left: 2pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1l.</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">David P. Stockert</FONT></TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center">&#9744;</TD>
    <TD STYLE="text-align: center; padding-left: 2pt">&#9744;</TD></TR>
</TABLE>
<P STYLE="margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>
</div>
<DIV STYLE="POSITION:RELATIVE;FLOAT:RIGHT;WIDTH:48%">

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 6pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 6pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 89%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 11%; border-top: Black 2px solid; border-right: Black 2px solid; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="border-right: Black 2px solid; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
</TABLE>



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top"><TD STYLE="width: 4%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 56%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
<TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>The
    Board of Directors recommends you vote FOR proposals 2 and 4:</B></FONT></TD>
    <TD STYLE="text-align: center; vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>For</B></FONT></TD>
    <TD STYLE="text-align: center; vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Against</B></FONT></TD>
    <TD STYLE="text-align: center; vertical-align: bottom; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Abstain</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">2.</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Advisory
    (non-binding) vote to approve the compensation of our named executive officers as disclosed in the proxy statement.</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&#9744;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&#9744;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&#9744;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>The Board of Directors recommends
    you vote 1 YEAR on proposal 3:</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: center; vertical-align: bottom; padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>1
    Year</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: center; vertical-align: bottom; padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>2
    Years</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: center; vertical-align: bottom; padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>3
    Years</B></FONT></TD>
    <TD NOWRAP STYLE="text-align: center; vertical-align: bottom; padding-left: 2pt; padding-right: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Abstain</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">3.</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Advisory (non-binding)
    vote on the frequency of an advisory vote on executive compensation.</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&#9744;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&#9744;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&#9744;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&#9744;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>For</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Against</B></FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Abstain</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">4.</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Ratification
    of appointment of Ernst &amp; Young LLP as independent registered public accounting firm for fiscal year 2017.</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&#9744;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&#9744;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&#9744;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Note:
    </B>In accordance with their best judgment, the named proxies are authorized to vote upon such other business as may properly
    come before the meeting or any adjournment thereof.</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 5pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 5pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 5pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 5pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 5pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>Yes</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>No</B></FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt"><B>HOUSEHOLDING
    ELECTION</B> - Please indicate if you consent to receive certain future investor communications in a single package per household.</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&#9744;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&#9744;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; padding-left: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
</TABLE>

</div>
<BR CLEAR=ALL>

<P STYLE="margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Please sign exactly as your name(s) appear(s) hereon.
When signing as attorney, executor, administrator, or other fiduciary, please give full title as such. Joint owners should each
sign personally. All holders must sign. If a corporation or partnership, please sign in full corporate or partnership name by
authorized officer.</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<DIV STYLE="POSITION:RELATIVE;FLOAT:LEFT;WIDTH:48%">

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 65%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%; border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; border-left: Black 0.5pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-top: Black 0.5pt solid; border-right: Black 0.5pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD NOWRAP><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Signature [PLEASE SIGN WITHIN BOX]</FONT></TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Date</FONT></TD></TR>
</TABLE>

</div>
<DIV STYLE="POSITION:RELATIVE;FLOAT:RIGHT;WIDTH:48%">

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 65%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%; border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; border-left: Black 0.5pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-right: Black 0.5pt solid; border-left: Black 0.5pt solid; width: 10%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><P STYLE="margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Signature (Joint Owners)</FONT></P>


</TD>
    <TD><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Date</FONT></TD></TR>
</TABLE>

</div>
</div>
<P STYLE="margin: 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">V.1.1</FONT></P>

<P STYLE="margin: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 1; Options: NewSection -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; text-indent: 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting:</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The
Notice and Proxy Statement, Annual Report on Form 10-K and 2016 Annual Report to Shareholders <BR>
are available at www.proxyvote.com.</FONT></P>

<P STYLE="margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; text-indent: 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="font-size: 10pt; width: 100%">
<TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="width: 100%">&nbsp;</TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="border-bottom: black 2px dashed">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6pt; text-align: right; padding-bottom: 6pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">E21554-P87690</FONT></TD></TR>
<TR STYLE="font-size: 10pt; vertical-align: top">
    <TD><FONT STYLE="font-size: 1pt"></FONT></TD></TR>
</TABLE>
<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="border: black 2px solid; font-size: 10pt; width: 100%">
<TR STYLE="font-size: 10pt; vertical-align: top">
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 88%">&nbsp;</TD>
    <TD STYLE="width: 6%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 14pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 14pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 14pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>MID-AMERICA
                                   APARTMENT COMMUNITIES, INC.</B></FONT></P>
                                   <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>ANNUAL
                                   MEETING OF SHAREHOLDERS</B></FONT></P>
                                   <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>MAY
                                   23, 2017, 11:00 AM CDT</B></FONT></P>
                                   <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>&nbsp;</B></FONT></P>
                                   <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt"><B>THIS
                                   PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS</B></FONT></P>


</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><P STYLE="margin: 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The
                                    undersigned hereby appoints H. Eric Bolton, Jr., Albert M. Campbell, III, and Leslie B.C.
                                    Wolfgang and each of them, as proxies, each with the power to appoint such person&rsquo;s substitute,
                                    and hereby authorizes them to vote, as designated on the reverse side, all the shares of common
                                    stock of Mid-America Apartment Communities, Inc. held of record by the undersigned on March
                                    17, 2017 at the Annual Meeting of Shareholders to be held on May 23, 2017, or any adjournment
                                    thereof.</FONT></P>


</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: justify"><P STYLE="margin: 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>THIS
                                    PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED
                                    SHAREHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR PROPOSALS 1, 2, AND 4 AND
                                    1 YEAR FOR PROPOSAL 3. IF YOU WISH TO VOTE IN ACCORDANCE WITH THE BOARD OF DIRECTORS&rsquo; RECOMMENDATIONS,
                                    JUST SIGN AND DATE THE REVERSE SIDE. YOU NEED NOT MARK ANY BOXES.</B></FONT></P>


</TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>&nbsp;</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Continued and to be signed on reverse side</B></FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="text-align: right; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 8pt">V.1.1</FONT></P>

<P STYLE="text-align: right; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="text-align: left; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>

    <!-- Field: /Page -->
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>maadef14a001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 maadef14a001.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@ / "J P$1  (1 0,1 ?_$ )H   (" @(# 0
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MV+_!NGU>AY%JV=^2H4_E'.53H,!MMA =#IT^*K+<,5NA..^<)B>@8*0Q==Z
MG8)=I#(6G+-4LN,*'&.'9C;.)ZY7"(BX6,9MT4SJJ"*AE13(;H(<WAJ&KLDI
MR,S\*^:G:#[*%5=SM$<3O<)YUS,6+&WY6Q] #!XPIHN$ .\I6,;;<6R)HJNM
M7)A1=2*#-5U*= F$Y4A!/5A&5_.^>*#+?;&[PX\\>%')3EA>J!7,42G'RP9!
M2E*9%S;V;9MZO7:<G:JR\E)1T5)920E@2736%,B:6Y/< /$=.I,K4=;>+RR
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/ - &@#0!H T : - ?__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>maadef14a002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 maadef14a002.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@ -0"6 P$1  (1 0,1 ?_$ '0   (" @,!
M       (!PD&"@,$!0$! 0                     0   & 0,# @0$!04!
M      $" P0%!@< $0@2$PDA%#%!(A51(Q8889$R)!?P@:'10C41 0
M              #_V@ , P$  A$#$0 _ -_C0&@KQXZ\H\\9^Y2<D*[%XGI+
M;A_AJUR.&*YEQ.W+?Y,G\XTEC"R6047M.53,P4QZF%B29,':"@.0>-5NX02"
M D"PX- : WW^&@- : T&*,KQ59*WS="83D>[MU;C(J9L$"@KUR$1&3@N"P[M
M\F =*"<B+104@$>HX$$0#8-]!E>@- : T!H#0&@- : T' Z<)-&SATL;I1;(
M*N%3"(% J2*9E3F$1$   *4?CZ:"KOP\-TGW#,F0TCG4_P S<@>4>5SG4%-0
MPEL.?+Y',_[A,1*Z)]OA$>A3X"38 ] #06EZ!!.9F<LWU>]\=>,W&W])0.8N
M3LMD51#*E_B75EIN(L=XB@X.<OEK6J,?(13VWVE\>S1["&CQ=-6IG#DRSA8B
M2(@<$6Y:2'D;\;&$[_S.K?(YWS\I>*HMY<<Y\=,KT*AXG<GQRR054L-NPG=\
M=Q'N:U*THHD?+QDNC+-W<6BXZ5B+D3!4+L<<VTM^Q_1[R1NDT)<ZA6K6FT0=
M)OD&I+%"L9<K9%\D )/$D >=)52@!5 #J -AT&9Z#K/7C2.9NY!^X1:,6+5=
MX]=N%"I-VK1JD==RX75,(%3111(8QC#Z 4!'05B>+.XV#.F.LZ\M+1%6"*<\
MDN1F29BDMK&T%DX2PICB2/C;$01R9_K6A'T) KR#58=@6(^Z@#80$0M$T"C\
M],Y6#C;PYY$9IIR;96\TO&TP./DGB95FA\BV$[>J8^*Y0-]+A USG6/4D.P*
MEW+N&^^@DCC5C>WXAP)BC&V0,I6S-EWJ%+AXJU96O)61+7>9TC<%9*=F4XY-
M)DDX<.53 4B8;%3*4-Q$!$0G#0&@- A\)SXQY-<R+-Q$3J%P;!72MZTEFMR2
M,)B^9S02LLK[+8,CG7O/N9KW$X^E&TJ8#(@@J054B',JBH4 ?#0&@- B/,GD
MM+X9M&!\4UZ"CYI_R!>YJBYQT^=JMAK%+QC@F^Y,G[$U(D ]]VFX@&S<A3!T
M#WQWV';0>%XGH,\!XW^&S55)-!5]@ZJV59-(H%3!>XE<6U<Y #Y*JS0FW^>^
M^@L+$=O]?\!_'042^6+DUAK'T]BBW8FO:UQYZ\4[-,9'Q1A+'%4L^5I^[5ZQ
MP_V#)F&LAP]%:29Z3#Y2KS4B#:0?F0-'RS1DYZ12(H!@=GAOSEXW^2?$]P1J
MM?LL?*140SJ?(#CUFV@S%7NV/WEQA5P?4N]U:SQB#*7C9)K[I JZ'N&3] AC
M%'I-MH'PB(F-@8N.A(=@SBXB(8M(R*C(]NFT81L:P;IM&+!BU1*5%LT9M42I
MIID "D(4    -!Z.^_PT""^2ZW2T!Q/ME1K\DO"S^<K+2>/\5.(',F>##+=B
M:5F:F.HFQ@"/K2SU3T$!W#0,]@2FU+'>%L84.@RBLW2*?2X*N5&56Z>M[6XE
MDFRAE=R%(4Q 8))E*.P=10 ?GH)<T%9GE^5(' ;*#,R2;C[UDCBW E05Z025
M&8Y6858&(H)C '09-<P#MZAH++6P;-T  -MD4@V_#8A0T'-H#0&@UL\1 3)X
MU=" 47-E/.GF-S?R!KY 37![%XCP).V6GV2Z''I[C2!8P39O#E5,(%64DR)$
MWW, !LF: T!H*4_)/'R,MR^X/1$6F<\C.8@\B$)%D)Z&<2S_ (GV@K%HB/\
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M23F6=M8Z'<1\.N]>.!=NSF@VCQ&(!%RY,)SI B"0B/\ 3MH(;\L430L3^/\
M?LV+2#Q]CBBY2X^.CI1Z3. JE2K\=FBGNG3ITDGV&<?!M ,91<0Z0 !$1T%L
M#)XTD6;608.F[Y@_;H/&+UHLDY:/&;I(BS9TV<(F.BX;.$3@<ARB)3$$! 1
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-KM;?#I]-!V] :#__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>maadef14a003.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 maadef14a003.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@ (@!D P$1  (1 0,1 ?_$ '4   (" @,!
M      <)  @""@$#!@0! 0                     0   & @$# @0#!0D
M      (#! 4&!P$($0 2"1,4(3%!%6&!-B(R-S@*\)%2,U1D519F$0$
M                _]H # ,!  (1 Q$ /P#;P\E.XLJTIH:)6#7\&;K(L>R;
M^HK7^ 1)W6+$32JD%RV"T1(;BXFMQ9R\2=D:52E7@!0<B&,H.,\!R+. 8,'C
MY8YXQG./[OPXQ]>>@RZ "[';+TYJ?7(+7O.4#B,(-F$(@)#D4U.CVH4RRQ9*
MW1"'LZ5L94BYP4*'9_=22<9"7D)>!9&/(0!R+ '@(N['QQVB_P .<XYQ]?I^
M&>@RZ# >>,<8^>?@'&<<XSGZ<]!736O:*K]K8[/Y?4:QS<XS75R6A1;J\+VX
MQ C=II4,D.BDO5QPX8QEO$9"]IC2DJTO/IJ/2%G'RZ ?WAN5'*0VDU%U<<8-
M+)1(MO%UIH8W(8X! I;8.&J(B"7.SO+41J@MR^R*TQH2,*20" 0:+'J9QC..
M@.-[797^NM+VA>UJ/)$>KVI(+(Y_,'0\XHKT&6-MA[BI*2Y--*"<O7"*"G2E
M8SW'*32RP\B%C'0+#\'%];!;=Z?R;<F_G]X/QM1?MN6C3%?N!B<UOIZB$CRG
MA%>5\R&$D%&FI$Q454*S3C,YRH4*1G8XP9QT#F>@G0)#\ABY1;'DD\/NKB%2
MG D9[BM_=6;E&C,%G#)KA6;@TP\!@ <AR%5.I\F$5W![<')\"YQD..0;I;%N
MUE1%=2FVKCG,;K:M(.V_=Y=.)>Z$,\;CS:)22D K=')4,)2<!BM264#&<Y$,
MP80AQG.>.@K;M;OE2NJVN3-L@X_?+88Y^Z0*+4?#JB(1RJ87Y.K44D(ZUAE6
MI_>)T#RXRLQ4$\L\1P$Y*(!B@8L !GH$M;Z;RPO>+276AU@T$F$#GX?+;J#K
MW;],6=]O9;%HJUX/<2*12",3-*W*G%L4GA:V8"E"I3'F(G!&J :29G]K& >@
MU,5G0/9VRY[8.Q$>54/:\>J^)4I0[VULT?=85:D=)D0INX1V5GKB%<NS8: 2
M4[#4$HP\@U(:8'D N, L?RL^9ETT6E+;4NOE)8V-M^.)Z_G=]IUSHJ98/1E1
M3^=-U>Q%1)79MR-<LLRTY2YEH8NQDAR:HSW*3<>B# 1@TG;K8)JUAU)O_9.1
MF!9DU/TA/+*R0L[#!X>6"*+5[(RY[L>B:L<'_*9&6'/[)AQH<9^&>@UZ=+/(
M##O&G5'CWT#D=1S.Q)](F"EI3O-;D>5I4<,U:LG>N7KWRML6"<>F,,?Y98UF
M3+.!I"A%B2M8/<B&+O # %S?S;ZD]:?+C$MBKT?7)JJWQ^^..R+"F9;,0VKW
MITE6S]SPFL8C'8TVN2MI [R=>VQU2:4D+5 -,( 8(.,XQG @7/YY]](GOK$9
M;IOKG/&!]IFKV2K)1>8B94WQU\N/8V]I R0C5'6:,MBA<D?79OB4@E(9M-_;
M%'$IR&<E&<82;SGH-NK5&C(WK!K70^ND4"#+)2=1P&M$9I>"0F+A1".H&A<[
M*"R!9!A4[N1)RH[./@(TX6?KT!^$J(#SR:7C.!9#G&32L9P/'&.W/(_WN<_+
MY]!V^H'L[^?AV]WX_P!N>@2Q%4Y<W\_5P+WE(E/#0OC"JAFAPS<F''HUM[;
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CY-=;_P"7W^%4;_E3_ER_R1_P<_\ $?Z7\.>@MUT$Z"=!_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>maadef14a004.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 maadef14a004.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    /   _^X #D%D
M;V)E &3      ?_; (0 !@0$! 4$!@4%!@D&!08)"P@&!@@+# H*"PH*#! ,
M# P,# P0# X/$ \.#!,3%!03$QP;&QL<'Q\?'Q\?'Q\?'P$'!P<-# T8$! 8
M&A41%1H?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?
M'Q\?'Q\?'Q\?_\  $0@ &@!& P$1  (1 0,1 ?_$ '@   $$ P$
M      <! P0&  4( @$! 0                    $0  $$  4" @<$"P
M      $" P0% !$2!@<A$S$405$B,E(5"'&!0C-AD<%B<H*B(W06%Q$! 0$
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& 7 )@/_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>maadef14a005.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 maadef14a005.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    /   _^X #D%D
M;V)E &3      ?_; (0 !@0$! 4$!@4%!@D&!08)"P@&!@@+# H*"PH*#! ,
M# P,# P0# X/$ \.#!,3%!03$QP;&QL<'Q\?'Q\?'Q\?'P$'!P<-# T8$! 8
M&A41%1H?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?
M'Q\?'Q\?'Q\?_\  $0@!#0'T P$1  (1 0,1 ?_$ )$  0 !!0$!
M       ' 0($!08#" $!                     !    8  P,$#0<)!@4$
M P$   $" P0%$1(&(3$'02(3%%%AL3)RLC.T%35U%C9QD4(C-%47@5*B<]-T
MA)16H6)#)"4(P8*2TI7PT>'Q4X,F1A$!                     /_:  P#
M 0 "$0,1 #\ ^J0
M        !$7'^/:L-Z=MH=I*CMMV\"*J"PK*RX;TA)&MS\X\-A$ P_\ <15R
M$T*[:+#M9$V/'Q9G1)"6XL VU$9R'6LQ*49$>)Y2/< [N!JJ!6\,XVI)4_TI
M&BU:)3L])&1R<C1'TA$98XN*_M,!"6C[Z\O-4ZFAQ-4-R;[4NGTS(#+;I]#&
MEN.N96&MG-4VPE&;MF S47LR"[(TW;+E1J%JP.3-CQW#DOXI2;J:]#FPL")!
MNN[>:2<.4!]"5<^%85L6? 63D*4TAZ,XG<IM:24@R_(8#*
M
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MVETR2T:E$692MQ)[./: >V8!4
M    ',ZNU_5:8D0(LJ++F2K$UE%CPFB=6>0L5&9&I. #2_C! _I^Z_E4_M #
M\8(']/77\JG]H %Q?@%__GKK^53^T /Q@@88>[UU_*I_: *_C! _IZZ_E4_M
M %B^-%,R;)RZ:WBLO/-QR?=C))M*W5$E.8^D/ L3 2"E1*22BY=OS@*@
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M:^C9Y<AYL 'TDP\V\RV\VK.VZDEMK+E2HL2/\I /4
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M1'=3@?,2M!'LP =@TTVTTAMI.5MM)(0DMQ)26!$7R /0
M                       $7<4/CS2'\5XI /,      :#7/J!OVA \X2 G
M%CR*/!+N +P     !0S3V0#,7:^4 S%V?[0#%/9+M[0#$L-Y &)=D!4
M  %#QY '!2>-N@F+F;3)DO2+"N<-J8TPPXLD.$>!D:B+#> PV_\ <%PV=GKK
MF9;[TYORL5MAQ2D8?G8%L '?]P/#9J>FN<EOIL5][#Z!PW=NWO2(\ %9O^X#
MAO!?9CS93\>0_L886PX2U[<-B2+'> 6''_AQ6MMN6$E^(AU65I3S#B<Q]A)8
M8F NF<>N'D*(<V;(D1HF)$3SK#B4XGN(L2QV@-YH[B5I35[K[-)(<<=8:0^M
M#C:VSZ)PS2E:<Q%B6*3 =6
M "+N*'QYI#^*\4@'F      -!KGU W[0@><) 3BQY%'@EW %X    #%M%J16
MREH,TJ2RXHE%O(R0>T@$!:3H56>F:RRFW-PN7+80Z\HIRTD:U$1JP22=A -M
M[H1?O>Z_GU_]H![H1?O>Z_GU_P#: >Z$7[WNOY]?_: >Z$7[WNOY]?\ V@*E
MI")B6-M<[_O!?_: Z?@TN4VUJ:"],DS68-JIF(N6Z;SB4&PTK+F/#Z2C 22
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ME*3%@N)9D-*09/=(X>#:4M[U&Y]'L@.K9=Z1M"\BD9R)6598*+$L<%%R& O
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MF_( D'@B>E6.(%_4::R=0J*R'$<Z/:72D\Z:C-7*H\=I@)P
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M1++>XK<9@.\X%Z?T]IW75Y24RTN]3JH:9SI'BM<A3SRE*<[9X@)S
M                /< \7F&'B23K2'<IYDDI)*P/LECN 7FA!JS&DC5@9$HR
MVX=C$!8TPRVG(TVEM![30A))(S/E,B #9:-DFNC2;9[.C-)92(O[H#U+>6S8
M J       "+N*'QYI#^*\4@'F      -!KGU W[0@><) 3BQY%'@EW %X
M #%MO5<S]0[XA@(5T!\$4G[JWW" ;\     +> SN#WVO6'M@_-F0$C@
M"A[R ?*A:8H&]8:LUQJR62JBIMI::Z$Z?U2'2<49KR_369]Z0#R@Q)_$.;[W
M:O(ZW0E89O5=:Z>1+Y)V$^[C]'8 J9V'%6QZ-K-6\-JM6"U%]7U[H]O:P;+
M!2?.F:_G%HS1F-;HJNP:M;1DLJ74IV&RT>S%("ZSM%R'&^&7#)LF&8Z>CM[A
MO:EA!^4P66]Q7* NG3HFCH['#OAVR4O5$PB.=,[[H<Y<YY]1;,Y$>S;L =MP
M$T=&TIK:]KBDJG3W:R)(LYBU8J<D+?>S;-N7#D(!.X
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M]O\ I>VH-;ZA]-353;FRKH<R>L]J4N*>=+(C^ZDB(@$]@
M      "Q[R*_!/N (/T.1>@7=F'^HS_.% -\      ,KAA\7ZK\./X@"2P
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M8#L?]OL'5K.N=1SM5.DJULZ^'+.,6Z.VIYTD-%\A$ GT
M      6O>17X)]P!!VA_4#OM"P\Y4 WP     >XP&5PP^+]5^''\0!)8
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M^WVTU7;ZXU';ZB8*&N=7Q'8$,BP4U&-YTD$KMGACM 3X
M      +7O(K\$^X @[0_J!WVA8><J ;X     /<8#*X8?%^J_#C^( DL
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M(#M> 6J[+56O=27,B$J%"=KXB*MMPL%KCI>=)+AEL[X\0$]
M         "U[R*_!/N (.T/Z@=]H6'G*@&^     #W& RN&'Q?JOPX_B )+
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MM12NG]6RV7>K6GZ2U<A8 +(<2?Q,FGJ74Q*K= UAFY75[A]'U@T;>F>_N_\
MT [S@7JZOU1Q#U-+K(ZF*N+7Q(D%PRRI=;;==YZ2[&.)$ G8
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MP'?\$+K35EQ#U'$TXE*:NHK8<%LVRP;-2'G3,T_]0"<P
M     !:]Y%?@GW $':']0.^T+#SE0#?     ![C 97##XOU7X<?Q $E@
M "+N*'QYI#^*\4@'F      -!KGU W[0@><) 3BQY%'@EW %X    #%MO5<S
M]0[XA@(5T!\$4G[JWW" ;\     +> SN#WVO6'M@_-F0$C@     "BN39CM
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M?AQ_$ 26      (NXH?'FD/XKQ2 >8      T&N?4#?M"!YPD!.+'D4>"7<
M7@    ,6V]5S/U#OB& A70'P12?NK?<(!OP     MX#.X/?:]8>V#\V9 2.
M     ![R ?*BJ[2-%JC5_$/4KO3.Q;:7'JHJMI)6EQ7DD_26HR 655<_?O+X
MC\1%%"J()&]34SAY6VD;TNND??+/D+> \XD2=Q.L"U'J$E5G#VK,UP*]P\AR
M2;V],^9_1V?\" %O6'%>P]'5^:LX<5:R0^^CF',-&YM)GA@VDMG8 5L;*7K.
M9[@Z$25=I2OP9MKAE.!9$[#98/<>.&T!=:6?5E-<,.&#26WFTY;6U3SD1T'L
M4I2RWO'R]L!W? K2U%I?75[353G3K8JH9V+ZE$IQR2IYY2U.88[=H"=
M   8UAU/J<CKQHZET:NL=)L1T>'.S=K !!7"YC1UWQ6FZTTZ<&IH*^&Y5UT1
MA;2'9QI5F>E*92K.2$[,#-.T XQ3H%]K'23NF9M?(M7(4YZ(_:+0NG7%RJ;<
MQ,S,C>)>&7 MV\!S$/3M)-X:45Q7276\[1TZ*AU)+>D2VY;J_P#(K(SR9G7%
M<])X9,-H#O\ A9JHV-5S*FPBI>NK9^25A:I<)3BI,!26UMFUWS;""7@T F8M
MQ        M>\BOP3[@"#M#^H'?:%AYRH!O@     ]Q@,KAA\7ZK\./X@"2P
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MG"VMD;41F_IJ4OE>5_\  !,F0=!P6="Z%9*RUG8_:96&92#5WS[Z]N&&/-(
M,ZSA96= T?I[B+?'BI7E'5NJVXF?T6D& [/_ &_Z>OJ?7&H'-0S#EW=G6Q)D
MTSVI;4IYTB;1VDD1 )[      '&\1]86VG(]2BGB,RYUK,*(VF2XIIM)&VMP
MU&I*5_F=@!S/OUQ5+9Z+I_YMW]D K[]\5?NNH_FW?V0![]\5?NNH_FW?V0![
M]\5?NNH_FW?V0![]\5?NNH_FW?V0#$M.)W$NJ@.V,NIJUQ(QI-]+4IPUY3/
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M]2WXI ,D    !:]Y%?@GW $':']0.^T+#SE0#?     ![C 97##XOU7X<?Q
M$E@     "+N*'QYI#^*\4@'F      -!KGU W[0@><) 3BQY%'@EW %X
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M&N?4#?M"!YPD!.+'D4>"7< 7@    ,6V]5S/U#OB& A70'P12?NK?<(!OP
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M     Q;;U7,_4.^(8"%= ?!%)^ZM]P@&_     "W@,[@]]KUA[8/S9D!(X
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M]@%,3-./=V !&?\ ZW *[0 S[0!MQW *8JW[,/\ @ $9XX?. KM+?_8 8GR
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M'G$.&H_RMD W1;@  /< YW6>DG-1Q8*&9ZZV57RVIL:2A"7<'&CQ(C2HR(R
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MR#C56:[=58549^ B:IA!YHTC#%/1YLJ5I))95[P&VT_H.%2R:Y]B0ZZ==".
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MFP 53B J   "AI(^3?O 5P( P( REV  R(P# @# @# L<>4 P ,"
M                 <AQ36XC2+JD.&VKK$8B4D\I[7DD>T@',W&LM<-.ZEDU
MSD-,'3#K*$1G$*4N0A24](E:\Q$DRQV'@ P]?:@U/=U>M&*Z3%BU-+&0TIA]
M"C<?Z=@G%JSDI.78>"-@"YS6^K2<?KM/QG'3H8,/HXR8RW^M/.,(7E4X2DDA
M)DHB(\-^(#9V.O\ 4D?7,/2N2.T]<)9DPWEXGU9HD&I]E])'M=/#F;2QVGR
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M 'I!UYK*SLU3*R$Y(KFK15:J$45>'5VGS8=D*DYLN*<IK[W=L 2DGL;^V J
M                                        TNKO0/H=?IW#T?TC6?''
M#/TA='N_O@-))]P.J:HZ?#HLZ/>+?W^!9<?R8;@'.ZV_"+TQ+].=+FZJUZ9Z
M+/U7H\A=7ZYEV9LF'1X@,R^_#[TQ&R]=](=39Z?T7TF/4\I=#UOH_HX=[F 9
MEK^&^>RZ_P#;?2$7K6;-UCKFWJ^3Z7>YL,/HX@._3CAMW@
M          .=N?=CWGI?2>'I;ZWT3GQRYLO/PY,^7^P!K[?W!]-W?7<GI#T0
M?IO#=Z.Q7W^'Y>W@ UJOPQ_#.IZ'X8^J]!]#FZ?I,5=%U?#G]+CFPP 9=7[F
M]7J>DZUTOI!ST?Z0S]/USHE9\<VWO,P#3ZM_"KT_8>F"<Z7!KTR;6?JO2?X/
M6,O-Z7=EQY '(V?0>\FH6X72'?G;-FU)BXE9I9Z9&"8[*?J5-DC$LRG4JRXF
M:2/8 [E'N#[WN]0ZYUKK:>N=3Z3J'7,"\MEYF?L@)$1R_P#H_P H"X
-             '__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>maadef14a006.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 maadef14a006.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@ ]0$L P$1  (1 0,1 ?_$ (   0  !@,! 0
M       " P0'"0H!!@@%"P$!                     !    8" @ % P$'
M P$&!P$  @,$!08' 0@ "1$2$Q05%A<8(2,D)=:76!DQ(B8G05%A-$0U<8&1
M,D)B,S81 0                    #_V@ , P$  A$#$0 _ -_C@. X#@.
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M/L:6IUSU'2SVT\/O $F$*/$P!F !#D)3QU7=?#WK CTU4ZLUPBUS;I818#9
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MP8 "!"-N;OX=X8&GR P)2;!A81*QA^@[P' <!P' <!P' <!P' <!P' <!P'
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M.AACD>M[@>WYP105K@*##MJ[K Y8,5L%*,:L85T86&1=:+UY1<TF48)&WI#
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MVURH.W^V^%M$]6-%K%TRIBFIDMRP'WQE@R/U+KN90$XDI+"P%EXPC2@R:$X
M_:HQ"P,U6O" 9,R[HYG[E=EUH?I\H)VP<2G&/$'<MM':OO*$LQ28 ;<EB-)0
M],W^;&,9PF0$%!P'.5GD-: [M6>WDJVHWBT,BFI]>-44ZU]:-ZM=ZX464!M
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MP' <!P,8/=$ZHV+JQW;?G'SY;F&EW)\<,%%X--R@9WEE<EN"BA9P$TW*9*+
M0YSC A>&/^W@:BL3B#ONP_F]G?9D)-3FDU.D*YQJ[JU-5'\#3L9(LF-=MV^S
M&A 5)I+)0E%F(F\90QN)@BRBRPH@ +R%"RL4I[9Y<';?;+*BC>J2A5CA+Z?I
MN9K/IP%^GQ/ULJ+GN4K(BR@P%$64,"5*/ RS@8$C2@$$:L:P)YI$L[G9:6,8
MW>B>G^BG8O(R,F"@+IM>ZP<19I>#L%#1@CE0QHI&$7Z# 0WDA#D&<KA -3A
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MA;N/VS;DK\N+N\*PGO4IF$L>3U!BB92TY4(USCM0QIS./&@1GB+,<S"C#S_
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MPX)P0PV'$Z_)GOMS[@'E$HV 5D82:\:\D8 L;Z';EI:A5%ZQK:('F*"G"VW
MI1G*I0()PVO(S3U!@E0CC# D0^#JIRX+.WCM]7H:YKZMD7SNJ&K3\(:B/U"Q
MN!Q2N,21YBIPL&2^YIB,M,-L0G &J-4B*5'X!Z2(*0/I4>/;'<;<;0;L(O,+
MY2VOS;O;KY$=1]95 < <%\2G;N])%MR62$198AO[XUH@^S-$$(QX-\I 2T@
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M+F\I(;7\)>/6Q]6.RIS]PH>7; E)R\T AXR)/C"D0;^W <!P' <!P' <!P'
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M8)%[5.')@5PC0G>:6]RTS/B[ )VI+IWI!<2WKUS/YJV>]HWR%%8$2S-QPL"
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M(HZ1M -+LSM CR8O9Z'95XBD4K=ELI0Y#F0W3(O$0#E #LJ2#Q 3(_(;C!Q
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M-'NI[JA8")KN%.2<NMUW:\Y(7IJ= M)"GDES7-("TJT@Z=E)U@QMS:,)A#,
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BT3ZW['[)_;?TOI_VO[M\E\OYOWSW? ]O\!P' <!P' __V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>maadef14a007.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 maadef14a007.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@!) )8 P$1  (1 0,1 ?_$ )\  0 !! ,! 0$
M       ) P<("@($!@4!"P$!                     !    8" 0$& @()
M#P@&"0,% @,$!08' 0@ "1$2$Q05%A<8(9<B(R0EUEBX&3DQ0;-T-=57M]<X
MF%EY"AI1895V-W=XV($RTK4F6G%"<I(S4Y0VF9%#)U)%1K8H$0$
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M==7LWH.CR]<J0I33J!R6NM=:7J\^6FS^6JD2F7EYE$EG5CR_P3E[@>B*PC)
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MW5;?V5HV'LFB[.K/4;796=X\>UY,L"%OK5"XG%XT:;G+E::H]W I7J18$8V
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M]/ ]#P' <#S=5?I(=%O]3=Q_XO:XX&Q)P' <!P' <!P' <!P' <!P' <!P'
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M;)Z1D)5NK8@@$B=36:*OSC(4)![ @!+UJ-7EH)-4A4.9#>L.3@,)2GC %S^
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MDOC0[*&^S;G2EA7$+DM+LTL*%$X^J AR0^K&Q>Y%J!(CV[)@9Q<!P' <!P'
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MEPI0K.\ADO5+="]1=/0+J$Z65)83PB[[RCR ,6Q=2&%8"A-I^GU L$IPP4E
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MG!%%Y0[L#>X/\=R%2(2@.65U4&INPS.1X\+[+/;V\#W/ <!P' <!P' <!P'
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MVATDKV\Y8U5NBNJ6-%GH%3?'B).Q5<?,X+84ZK]K4$)G)QELL9XP[*XJ0H/
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M@6Q@_P"DPT*_W8[V_P 7-2\">;@. X#@8<]/?_:IU1/[19[_ "0M0>!)=P'
M<#\P$./U,8Q_Z,8QP*)"9,F\7RR<A/XYHSSO *+*\8\SL\0XWPPA\0T?9](L
M]N<_K\"J  "PX 6 ( !_ZH !P$..W/;GL"'&,8^G/ HJ$B567@I4F3J2@FE'
MA+4$EG%A.)&$TD[ # B#@THP.!!%V=H18QG'T\"H844;W/%*+,\(P)I?B "/
MPS0=O<-!WL9[A@>W/8+'TX[>!4X#@. X#@. X#@. X#@.!"1_>#XA$+!Z;$B
M@5A& *@$UV5TLBLY--<O1BBX<_;7U$VR89SOXI'I9(690=WU'?!X(>T?>#V=
MN UC'MZ>.J:_#T[TP!\!>E32YI$9NF[8(UXAQ%U(F;[J,IJEDXTZ-.VP7  9
MPM/$4$)I??/68\'NI3 H2-Y>-VW4OIE]-(L%):'TL21!=H=GX.0("1T; #$)
MYI6E746!@D,@E QFX>'<0CC7$X\XT\0D?B <0KR%\66PH2=)/I*)DU7496"3
M$;VOVSC7BKFR"-2\S)4GAD&DZ8WQ)A;DP%DT+FZ@.,4J%)HBR3 %A,4"#C)'
MT<0"V](#H\MZ*-/4>2Y!M/M<5GU1LHUL=,%H94].,I;LE DU[R0HH1>1E&X&
M@&$M(A\$PO!R ,@^GU0NM.K>Z-[Z[ZW.R.0?"K4.C&BZ)"->6\2Q\N-TN.W7
MU\<K">" 82GS%6U."0PU*7GN-I BDN $^'X00FIX#@.!VT&.\N1A_4[RM/C_
M /4X&.!:SIAS[J4DZ1U+FEZXT7<JN-DE\'0U=:-QWZP3]0V&;$6QDP4G9HI1
M\ECK>O"N\7& )%ZDO)6 "[V!9R$(9\?$3J\_P5=-GZ^MGO\ ESX#XB=7G^"K
MIL_7UL]_RY\!\1.KS_!5TV?KZV>_Y<^!;NR]LNI1KZVPJP;JIG1ESJ]RNR@*
MIEQ567A?:^?HT-Z77!*83O,;02VB6*.KE;"X3LE:,E4L3@-)(&' \"R'@3*<
M!P' <!P' <#48Z]%!WMM#U"=5J%IVS3J@AUAZ;W2W;)3ML[ONI-122\*E6N\
M>AO8<2HR_2V0%(D'V(@E83FF9/& K LY"+>1RA3;S@7TC.DNE3U?2%5I@QS;
M?;2/X$M::[:UYAJ>4PJ'R)+DC,SN::#(/)<EX#<&F*,F)RA$DD*3$@=B027$
M3,1='OI"MR9B?H\DR5M9M.$67%LI!M=,^1ECL]RE"7_XEN^1!P:4+PQ9,1G9
MPB2A"86;Y<.,@F+9K:2T])OI&M#9)=H']-D_9/8]5@*U#2F2BRF*8VY;TD3>
M?*56ZJ,P9Y9NP,P+0:8 LHH:HXDL\.:UT9>GPW,G3:Z;S2*\NH=>/=D=QW)(
MQ <5<$-<P%F/5WW<_",6@:C4!:X2EG9CSAEH"!EGG>*<>3YD-FC^[S0]\KSI
MGQ6 RB3GS>40K8[<V*R::*O'PHE\C8MJ[;;GV3G>:R)3WWYU3G*OMGVS[;]E
MC&>W& F^X#@. X$3/5 VIFFL*S7P]5=+QK30$Z5VRBM>^H'5##>EHQN9Q>*-
M,DJ>'L=8O3!.C!PZ:%)G\;X])XR\Y;<MR0DTUK*697EA[QKV8V58NE*JVS>X
M'$[)V?9M1I#<R2#5WV/L3G$X;H,Y26, :T4/?I,%<G?RB4BI6W,[HO#XIIR5
M$J.Q@HX08!1/?Z[4\JL^G:?VO@V^KDZ:F5UL]'K1KFL84Z26FAFWS :PO1H*
M@=-$9:YFBCM:V(&516/*R%DI(/9E")S.<,J",B#)*F]WYM+Y[4]56+<$3KE%
M$K-L9%9UEV2PQZI)5=J55,)$VZOTO%Z[FA"0YCLNQ:O>(Y-9H%,B0K65 O92
M"TJ$Z2DDH@F5X#@. X&@KM>R;8[8]1/J0:%4F:[4YKZ[[9(K#VMV:1Y-P[>S
MY-KS0;4BI6N^P1(!2F3)XP88K"$P(O+'!$<(M.$0AA;J1R=3;[@7TB^DLE(K
M"D*K3!C>V^VD?P-:U5VUKS#4\IA4.D27*?,SN::#(/)<EY9N#C%&3$Y0B22%
M)B0*[_.$C68BZ1?1W;F=C=&))Y+:K:=K$)Q8*/0&8"P3-V=Y0DR<*2WK(S49
MY2GN&",2+1"1I0 & W"<.#_($FK1+5TE.DLTD2;:.3$9>]C]CWC('!/2:5S+
M)(DEMVQ)4P%A2BSE2=7VMC;WS<- #22RBS51Q(% 66VF?ZCZ=.L%P].G3N-+
M]A]M[BIFR)EMA9SCC#H]QJ"G0QS7V3;-P/6#U/IK@9'5"D3&RG*?#0%GEGG"
M&<>2)0&SG$.[[/AW=[<A]H1;N]OZO=] ;^SM_P _9P/0\!P' MC!_P!)AH5_
MNQWM_BYJ7@3S<!P' <##GI[_ .U3JB?VBSW^2%J#P)+N X%DMEX_,)9KE?L7
MKR=N573Z1TO:+'"++9BCSW>O9<ZPA\0QR;M9*9:VJ3G&*O!Y*XD):@@8C",8
M"8#/8+ ?S1].;'ZSV]%G-$1H+JY[:.M8L$$B+[>5[OKK.&J#UK8,DCR-Z6U%
M%$_O52MM&5L*M5E&::48V$&")&>+PD^,&9#VL)D76!O?;MRUAU6ZT^SE]1"N
M$Q1M_P"RJ)RF<<IZK7%2(W">*LJPJP9&=8\N,R0(O"1&:F )1@8/%P!.K,3A
MVW5UZQ,KW&3:::S=:+9_8>41$&%>Q-G(7&:1&J=?4>5&2,M\BD +!E@Y)+2\
M@$#+6C  W*K[F"+)H#L%!^6J[]8ALVUB>E.N'6BVBV9NH8<.]T*V=?,H77>N
ML0[R? GBS)AFQ)<$#SX:D!F&HA/E3]D67V^.H3E&A=5U:^IDBWWUFZ>+3_>"
M-E93=E^21Q;)8:PLTU4-E),:."2::-[E+0#N0/J,@D08[X:)GP<C4>5-\V<8
M4#)0#@F[_,4=:?\ \Q]L=]6,[_YC^ _,4=:?_P Q]L=]6,[_ .8_@/S%'6G_
M /,?;'?5C._^8_@/S%'6G_\ ,?;'?5C._P#F/X#\Q1UI_P#S'VQWU8SO_F/X
M#\Q1UI__ #'VQWU8SO\ YC^ _,4=:?\ \Q]L=]6,[_YC^ _,4=:?_P Q]L=]
M6,[_ .8_@/S%'6G_ /,?;'?5C._^8_@;%FDE(W%KCJ[5-+7]L-(MK+=@Z&2)
MIC?\K;E[3(+$/=YI))$TJG%O<Y%+%R<;$P.Z1J!XC@IR(I"$6,AQG  AE5P'
M A'_ +PC 6"UNFO(ZOEBA6CBMC;*:6P:3JT"H"%:FCTJVOJ)D>CDBTT(BT:@
MMM6F9 :+&<%Y^RSCZ.!K(2"8*=[7DSIO],K""F-"JA\*+[)[0UZ0,$?7-!H\
MJEU/TBX@-QB2.LD#VX6N7F!C7X$,XTW"3&##0Z\CE"FWG OI&=)=*GJ^D*K3
M!CFV^VD?P):TUVUKS#$\IA4/D*7)&9G<TT&0>2Y+RS<&C4>(G*$220I,2!V)
M!)<1,U%T>^D*VI6)]CR3)6UNTX1Y<6RD&UTSY&6.SW*41?\ XEN^1!P:4/PQ
M9,1G9PB2A"86;Y<*;_($FK1+5TE.DLTD2;:.3$9>]C]CWC('!/2:5S+)(DEM
MVQ)4P%A2BSE2=7VMC;WS<- #22RBS51Q(% 9 =/;6&E]/MS+UHRJ)<?/Y0Q:
MB4:\WY-W=V]5F,KN637%;;TZOLU!A6L]'=W-B5(CDZ(0Q&$-XR.^(P6?$$$U
M? <!P.XW?N@A_;B;]F!P+L]'3]'!KO\ M^]_RDK@X$F? <!P(_.IK_-CC?\
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M\F9,5ALV_P!WDCLRB'3.B<4L:3!FEAQK8S<QCGTP+[WA2J;-FU=MI)5(2>\
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M;LFY^&O34FE>"R@2FV;1E"<*H"NTEB93C+:@P,WT@LT@L@ U(R,##M.SS&=
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M +5/?Q]5=P,WW+]T5_[=5?LYG Z7 <!P,'3_ -+?0?\ 9O[4_E0:G<"4K@.
MX&A+MIM78, WYZCNINEL 22K?/8O< "D,U5M108]3%/-FMVO[>ELZ?/Z@D:?
M*./JLN9C6E.SE*0?WSQA&,0"QA;!8M8.F P-VH6HB(>U?5AVN-]P3NPI 7ZT
MZIWEY$>J<[=MUV7#/-CU>101JA2T-"PP(3\%C6+,9P(W!H5LIX/TE8T37M:I
M5VXG5QW,4A7*USD7ZW)GN524S*ISD,A-"(2F*4K&W\]2H2IS!D#=L%9./R H
M(Q8"D$N-=**-J;4M=0IW/ZONYBO+<P,C?DQ]D+U('<9"9%#XH!/CS42I>)K1
MDEK5A 4_JF2 $)^X065DH++;"5["]$=5MC=C]^YZFNSJ5[LU!9-91EO;<IW<
MV )9C#W%@'!JH;,8,3QR UZ@<@Y>'8@LM/D! 4J;M!V<#9PB >[#X<'MQGNQ
M"+![<?J9[&!OQVX_S<#T/ <!P+8P?])AH5_NQWM_BYJ7@3S<!P' <##GI[_[
M5.J)_:+/?Y(6H/ DNX#@>+L@7<KN>C[.WNPN4B[,_J9[K&NSV9_]/9P/YTVO
MUI,>K.KVM^E/33A;9.>H'M93M<6Q;5@*0IG%#389Y#6J2.MDVS(QEGI4'M5O
M=188VD[/EVX@!9IA8S1@*&%Y5V87TLF%OTTTJ:5&T'5(VE-]7E,VDY1#N^(%
M;H(\Y7:]QNAV3@QV 1$)AZAI:%(PEG^&-8KQG C<&A5R*-=**-%0:&A4[G=8
M+<]5YMQ=5@3GZ1/TC?C1=Y^D"@X8UT6I>*+,B,3IS1D"=<IQ&F]P@(LX"D$N
M-=**-J;4M=0IW/ZONYBO+<P,C?DQ]D+U('<9"9%#XH!/CS42I>)K1DEK5A 4
M_JF2 $)^X065DH.E!]25U&;$:17IM]:31:/4>V7VY:'N19]3 <GK^JX_2%UY
M>:XJMG)%DA'"8FN<&M,O5$@+2&GA)(([2RL<#8UX#@. X'MNF#_/?ZD7^[G0
M?_\ UO8S@5=$9K9U7V_6M6[KG[QQ;9RX4U[I(@?<-E06?ZL6XNA\F=IFO3U2
MAJZ>S9%#GUDJQ*G<&Q%(4$<6":TRWP"C1DG8X%SM_A78PW3&)\-@WD?=5XCK
M]-72=*=)[(KR)/<7L%MF;(Z'2.91.06-"9[.TB2NTRW*1)'43XL$,!@"T@CA
MEXR%J;?V"OB.6M5^R];OEHV9K'.4NN[[KP&&RR%)JXNVO;(J.>)#ZO=XG(7!
M-,9%>MM6S)HPN:G+TSPVIH 6N.6(FYO? F!FUH'<C!:=9NY*FYW"Y;;&K;[1
MM)T.89Y&HDC+N#U-VAHJ/;9XU-1[AKB%M8%#9#7ANP>WOB1H.79.-5G*S!!G
MGP' <"$#^\-1^92WIG2R*5U)?9=@2C8W3..0>8]XT&8G+'O:NI&R/R4(T^,G
M@&Q.:HM4'(/L\9*QW?I[.!K/O"N-=/IK:^F;TRV7-O;]6[D;K:MQ24"5R65T
M0L (QTN.\)"+"E&@<FEN.$:U-!P\IVX&0&F &8,!8PZJQ9'^F"P-VH.HJ$>U
MG5?VO-]?G=@R OUIU(>'D1ZESMRW79<)0;'J\BHC5"EH:%A@0GX+&L68S@1N
M#0K9%&NE%&BH-#0J=SNL%N>J\VXNJP)S](GZ1OQHN\_2!0<,:Z+4O%%F1&)T
MYHR!.N4XC3>X0$6<!2"7&NE%&U-J6NH4[G]7W<Q7EN8&1OR8^R%ZD#N,A,BA
M\4 GQYJ)4O$UHR2UJP@*?U3) "$_<(+*R4%Z>G)1.P=,;G[#OVUMH"M#8F]M
M5:3M^SC$F2Q1>!.*VX;9C;56L*$3V$8C4/96(A. )(0I0G8,P1CP^[G(3?\
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M<!P' P=/_2WT'_9O[4_E0:G<"4K@. X&A%MMML906^W4BIG4ZJVVU^I%LYN
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M;F-UE6<9R)[=&YU=?#1L]*4HU("5WM^',1[B2F?'U*0+ \#\FB\8P[ ' .C
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M=+;HJ+6^MF%F.<W"26U++UJ(U.0<M2ISE3*R)V) J.<#"A &H2EB)QG.!Y[
MBU2I6#IDL+ANGNDX"VCZJVTIF8Y6=91L7K+HA=GC)*!DI>EV9"!><R0V.#7$
M)7Q[2E""/O81H_%,.!Y\*K6W-&B30Z]3?J<NY-L;\6R'T"C*+CF27,=<G.)>
M"HS2E)QL@:X(9"DPM+*=W@C!A+8 T199AJ@S)YX<&B-M^M"-SZMW5SDA+[L
MXI\!UIUL2?=Q%$DOY1SQ'*DKJ*+\%A=[D[RG)"A5D(B60DD:E0=DP S4@<XP
MPF(QJ^K[UAE**$@A9 5>JFIJ[M6-=--:T0U\83CBJ_ #Y9>DK$6 TE*<3XR4
MS E2T)>2\$(@V/.A*Y_,7TFP2-]S.*I!==Z[M2IT*89&XP^PH,FG6T]N/RE$
MDE2/RSM'9&TI7#)(UJ<12E.:$0RA@'@(\!D!TPVU>9,MRYA5LPM"3Z,R.U(4
MT:C9M2S[!MXYV<87$5#)L/8M7S.U)!+IPJH^<6<(!##XSHJ;UBMH<')MP%N7
MIA&!'SMC9M@-6Y=W3#W5=ZNMZTV>U,CJ7=*O[AL]FUYT,836^JEMO:\7)KXP
M/K?%+3>)N1@1KB\@9)*SH2;(1^Y5["4U%=X+JWA9^RVJULW$OE,YDD4=;$8=
MGEX+!<;*<K5A[!3KM>,0>ZRV#C% !<7@J%*]7Z:=,09N;!(VP<SL20L[>$#B
MF4*5J4+H[PS.N99T=+M::T^(29JJ]?6=//S-;9CHHM2/S"N-@JM8)$U6(X.Z
MYU5O,K&J)PJ4. 5:PAQ"I"J)/-*. +(2XN7[HK_VZJ_9S.!TN X#@8.G_I;Z
M#_LW]J?RH-3N!*5P' <#0NVNV'HG3#>_J7W%&*Q+NKJ$7SMVCHK7FKV8DQWF
M\B9F[777\]  A&D*-61B E/T@4&NZT& FN.2@I@CR$ PA"T:1,P=,EA7[I[I
M.&=H^JMM(9F.UG6,;%ZRYH79XR2@9*7IAE0 7GLD-C@UQ"5\>TI8L#[V$:/Q
M3#@>?"HU,++H"T.G4KZFDIQ=^^MK!PRT73;"+#H=7JA[)"?'J-I..8)&,+\R
MF.@4+J\$E#);"L9 2:<<9YE2'!F9DFNJ-TZN75X<TRG8%61Z?K-K*@\%<FI%
M(O*-5Q:N*[BBDP8'>Z'<(N^K5#QW&,'B*51@30#&C"R%\5'++*UNV-ZE?5/<
M&ROY>[4=9<+TIU7>%9I;#1ZV?0][;($):Q*< 6R&Z9&O6DJ,$C)\RC[HU:L!
M8B\)T8;/40QG$/AV!?\ 6Q$(M@7T]OTX8&[&?I_7^G@>AX#@.!;&#_I,-"O]
MV.]O\7-2\">;@. X#@8<]/?_ &J=43^T6>_R0M0>!)=P' \79&0XKN>Y%CO!
MQ"Y3D6/\H<,:[MQ_TXX'\Z#6EQISI>:I49="=N=-K^ICN]4]=!I>!  <\S U
MBDL7:"X- HZVE94N$2J6$LXDJ5Q6XP4-T,3"(*[A(<EA"\Z9IC72X8G#</<N
M1&[=]5#9@?M.KH0P9.>'@QS<O ;&.I:<92$QRQCB+*-:00_/:=,' \CPC1A,
M,.!A<%1K;VC1)H=.IMU.7<FV-^+9#Z!1E&1S)+F.N3G K!<9I2DXV0-<$$A2
M86EE.[P1@PEL :(LLPQ09D\\*;,S)-=4;IU<NKPYIE.P*LCT_6;65!X*Y-2*
M1>4:KBU<5W%%)@P.]T.X1=]6J'CN,8/$4JC F@&-&'Q8)4>TUJ[,Z2=0O=%>
MXP">SS:IDKV@-6$2@PEDHREI)3%XR!:.5(U9852JPY*:R(3E?? 4J([,B5=P
M9@4B8-D;@. X#@=/IO\ \^7J;?ZG]/O^+^_^!-)P' <#X4I_^U97_JM)/^Y%
MW L1TI_T973\_P"#?7'^*>*\#/S@.!!__>&W"P&GIFRQTJ9K1OEJ-^QFF:RL
MV9Q\++<ZS\C:NI#(>@7^.>E)\DJD&$X#>^86'P\Y[1!Q]. UFAIHSTFH\HL6
MSG-9N]U@=PE9K+'T"'"AZDLK?W4_R*1CB: M(4Y1.G(^<$ 5R["=(8ZB)R04
M644')0 ZZ5*P=,EA<-TMTG 6T?57VE,S'*SK*-Y]9=$+L\9)0,E+TPS( +SF
M2&QP:\A*^/:4H03.]A&C\4PX'G@JM;>T:)-#IU-NIR[DVQOQ;(?0*,HR.9)<
MQUR<X%8+C-*4G&R!K@@D*3"TLIW>",&$M@#1%EF&*#,GGA39F9)KJC=.KEU>
M'-,IV!5D>GZS:RH/!7)J12+RC5<6KBNXHI,&!WNAW"+OJU0\=QC!XBE48$T
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M^RN^Y&Y[Z/;?JM;,C,BU?PN/"*<W ;LOSAK;:PIMG0(0^V( TY,+)=W=(C(
M85C*1&4'O9*R'6:F5IT0;'?J==35T#<'4 MXK,:HRBHWDIP,KH;J4--&:+HN
M- ]2\H]E%N>"7MZ*+/ VE*#2BQ'JU!XW(*L>CB?7LAQZN?5Q<T[GL8XILMVL
MVLS3X:]!2*1>6)1$ZTJ^)J3E87.W'(*D(EJ\63<-.3AJ#S1*19-&%..QC*0U
M9U@^L(N1PW$)2^<U-U1/SYYGI5J79PX1?"6*+S &2^^9::22:F+-#@Q*: *U
M7DKP4X6T+V=."V]F[^W/V)O'92NB*>3VCJO2DCH6JSLYS)(;10;@MA%&<37Q
M4Y"W,ID;FG5N9^3\!'D*H/=*3%X G+"<+@. X'<;OW00_MQ-^S X%V>CI^C@
MUW_;][_E)7!P),^ X#@1^=37^;'&_P#C#Z>OY=NO' EKX#@. X#@. X&I3UV
MME**U$Z@.MM^W-&L3621#2.\$% 0U @RY2^473)KQJ-D:F2"I\@-"D?E[&I5
MEFK< $8B1".&#.!9QVA%4RL:/71*Z]7CJXN1"W85<F].UIUG0=Q>FI!$XE'F
MQ*M*ZC*L8P.5QNY!N1K50@9"R@$<I4CP?@WRX5HY'LI<KNL!U>U::&8AZ3SF
MJVJ2W.5[53;0L[ZR*$XC"_NBD]W2HW(3B4QI.3DYHO-+.X(&"2 I1Z).5X+3
M.J_U:7)OK/7BJ4V9QJ9JR_& 5L\-CSP:6[Q.<V*P=N1RRVI$$](2W-(R1K5J
MT(!F@ 7@DHT/V,LSGOP[E]1_J,X^!O3^H[!TXUKUMFJK*1)*&Y,,!B*Z+F1]
M\L#RL?\ PB<-;<$(QN(A%D)PX2=P:D,P^F:6[77JL7<U;[,[AU+![7OO:J?Q
M>!UQ<@H#$F1CD^Q]F.;2%#$4T<7$,:A4WGEG*20&9#A08/.,![>S 9^_"ZS_
M ,>'?W^DJJ_!'@/A=9_X\._O])55^"/ ?"ZS_P >'?W^DJJ_!'@8=[\0.PF/
M5>=.SCMIN5.D*294,%7$+$O8Z4PI_3*]A*J0J$$B8#(TC"YH#"5.<^'XI?V>
M Y[?H[,AMI.7[HK_ -NJOV<S@=+@. X&#I_Z6^@_[-_:G\J#4[@2E<!P' T-
M-GI'J/IKOQU/.H==C:JGM_$;7):*UOK5.(MPD+H_DZX4(Y#0UFP9\<TJ3R9=
M* E.+Q@O'IR H(2_M@\9R%H&5C1ZZ)G7J\=7)Q(7;"KDWIVM6LS?W%Z:D43B
M4>;$JTKJ-*QC+<KC>"#<C6JA R%E (Y2I'@_!OEPJQN)+&7*[JZ]8EX;(ZHA
MB,+AJQJ[G)#@QT\RN^!/,,1AC)AIA,GO-^+4%8"G&7DY.I )4MP T'@D!1CL
M>57\M-ZL?5@-3U)KK4:<4JU0U4E C%37$VA086JC]D6$P*,8-EUH313A/EH:
MLDC4KE RAB $@)!9P6)V B-H=1;7O83J [BA<:.U-JJC[7?M)=;7YT]'52B4
M+8<[(X1=-JYR846K>7][,189DN B$K,$4!/@*0(#%(;0$0[WL^'=[M[WM"+=
M[M_5[WH#?V]O^?MX'H> X#@6Q@_Z3#0K_=CO;_%S4O GFX#@. X&'/3W_P!J
MG5$_M%GO\D+4'@27<!P/%V1W?AW/>_V]SV7*>]V?J]WT-=WNS_/V<#^='JQ'
MZFZ?.KU/]2;=F5*;VVCL>G*YB&I54MP_4W&)PHR&M3=6%65$Q9 :,J2J8T-+
MEY=B2?#; '& *R,X8C!A>=GBP-8D[MU:.K](&^0;(B389=<]>&02-R:Z>*6$
MGBB]?5A&_$-1.5MOP#!&JU(0B+92QG*%!GC8-RG"I&X]E+E=U@.KXK2PS$/2
M85ZK:I+>U<U4VT+,C6Q,G$87]@I-=\J,[IQ*<TK)Q!HO-+.X,."2 HQV/*K^
M6F]6/JP&IZDUUJ-.*5:H:J2@1BIKB;0H,+51^R+"8%&,&RZT)HIPGRT-621J
M5R@90Q "0$@LX/@0N5[7;A[2Z/;YV\D=Z6UK/VI;Z]U1UP<BQ^O/D6E],W4Y
MK[TL,.!EE$OKZEC!!;<+(1]]*:,*? 4H2SCPV2N X#@.!T^F_P#SY>IM_J?T
M^_XO[_X$TG <!P/A2G_[5E?^JTD_[D7<"Q'2G_1E=/S_ (-]<?XIXKP,_. X
M$(']X;E\@K_IFRR>1*+J)Q+(7L9IG*8M"DGF/-2^2,6U=2.3'&$^$A9JK)SZ
MZ)RDH?#"(?:;]CC.>S' UG4#*WZ"-;WU+NIW($MR]0&TLCC%-TW%AI'(B"+U
M@!(F&H:/8DIBU(2Z!+/ !S=D@1IFP@P8"1F&CR:,.LRL:/71*Z]7CJXN2=;L
M*N3>G:TZSH/#7IJ01N)1YL2K2NHRK$,#E<3N0;D:U3D&0LH!'*5(\'X-\L%6
M-Q[*7*[K =7Q6EAF(>DPKU6U26]JYJIMH69&MB9.(PO[!2:[Y49W3B4YI63B
M#1>:6=P8<$D!1CL>57\M-ZL?5@-3U)KK4:<4JU0U4E C%37$VA086JC]D6$P
M*,8-EUH313A/EH:LDC4KE RAB $@)!9P7MZ<NQ5T;7[I;%7W:=4K:<A,[U7I
M17KA$GK!094LHQ-<-M)V662P <^-AWECZ!:M!VA"3Y4TK"?OD8 8,)ON X#@
M=QN_=!#^W$W[,#@79Z.GZ.#7?]OWO^4E<' DSX#@.!'YU-?YL<;_ .,/IZ_E
MVZ\<"6O@. X#@. X#@:EW73NC6;6OJ$:T[&;*M2%^#3&DEX22E6'",IUE;Q<
MKM>%21IB;Z]9CLY)53)6UNBHLA4,&0-98QJLC+R7@? B=CD:&W&+>L7U@EZ:
M'>RT>%FIVIQ_:Y--(-2_/G8D4EC*X2?W=?LO&26>04:468C-#A<KR1X!)30'
M*-1A=?BTWJS=60PBH]=JB3CD^I^H\FR8M:88U'#PHCD_L1@4E$F3>VID<26-
MM:AIL'*#^X,PLH@HM,0'!EB,FWM>1=1WJ:'(Z3T#I'"JQ=8]9I<HP6V2-A,$
M)9'[KO=$6J6@D;V\-Z@@E T8+&:YJ3/*DIP)A&%N@?K,VOO59D(-OMO,JZ"Z
M4-!*U$TIZFIFK]N&W\&-"S__ #-<^0&%EIH$666$+>WE^(%2 >$B3)@3#5*\
M)(NEE,HC8NG[98%?E!(@,VO?:^508D#:%F+*AS[LO:+C&2R6<("@M) &4\C!
M:7  >7!V [H>[V8"1'@. X&$749_F>63_KCK[^4A47 V@G+]T5_[=5?LYG Z
M7 <!P,'3_P!+?0?]F_M3^5!J=P)2N X#@:&.S++J+K%U"NIMU-]H'%PE4LK#
M:='4FNU9&Y*<S"9X'72B'I4KJ^+J!C*<;.EA[^01Y_( E,R1-YD0@C[I@0LW
M'(T)N-6]8OK!+D\.]EH\+-3M3C^UR:J0:5XO.Q,I+&5XB/=M_3 9)9Y!9I19
MB(T.%RO)'@$E- ?L:AC]=JTSJN=7A2W530E/IA2S534MZQYIAAK*X9"Z1">V
M%'C%"G,VMZ6IQ)\H6H1>3E"S&!G$IR2@(DP4V2.NV_;SGJ0]2/(:.Z?M%X53
MC6K66=*!EH),C2"SY2\+R0Y#V2)>^YR MJ9PDG#<QFA2IRQ)1&>K!8K8Q%;W
M52H;87<.XLR&@NGM0--VU,M4Z;=%>(W(K]GL?ACV3#[FLTS!I!**,EO?E@LR
M(&1 .&,"9*(01&JEP;1,0R+,/AV1?];,0BV1?1V?998&_M^C];Z>!Z'@. X%
ML8/^DPT*_P!V.]O\7-2\">;@. X#@8<]/?\ VJ=43^T6>_R0M0>!)=P' \79
M'=S7<]P+/8',+E/>SC]8/H:[MS_T8X'\Y[4Z P'4;7&G.JAU)IUBR;%::9KB
M&Z64LV@(7IJY@Z:'MB*M(Q6,9-$).YV_+&0)"M8X=S);-A0-2::(_.3L!>*.
M0UTCAJ[J]]9ET;(JZU\CP9J]JH0$#C'*42JL^;C(6N,*5ZDJ77M,3R"U"8L8
MA#1F!PN5F$^ 26TARC4877XM,ZLW5D,(J/7>HDXY/J?J/)LF+6F&-9P_,1R?
MV(P*2B3)O;<R.)+&VM0TV#E!_<&864046F("FR1UVW[><]2'J1Y#1W3]HO"J
M<:U:RSI0,M!)D:06?*7A>2'(>R1+WW.0%M3.$DX;F,T*5.6)*(SU8/DP^Z]H
M=W=L-)MP75I<J5T4:-K4E;ZS5"_)#$LQN14^TY=*E5?TM3%&EIF]"G01ORS,
M3D)Y!9"L8$V<AP8L6!LE\!P' <#I]-_^?+U-O]3^GW_%_?\ P)I. X#@?"E/
M_P!JRO\ U6DG_<B[@6(Z4_Z,KI^?\&^N/\4\5X&?G <"#_\ O#<Z55=TS9;9
MB&-N$R7UYL9IG-D$/:/$PZRM?%]JJD>44:;<E)EAN%SXJ1@3%9 2:+ S<=@!
M9^QR&LJRQD>M!;OU;^K\\(GG9I04)FUUUJCP"7%HI(U5@?M^N:FC!K@Z)W2U
MG,1N!J7#Q5!;, P:DU28?G*C@=:.1H;<8MZQ?6"7IH=[+1X6:G:G']KDTT@U
M+\^=B126,KA)_=U^R\9)9Y!1I19B,T.%RO)'@$E- <HU&%U^+3.K-U9#"*CU
MWJ)..3ZGZCR;)BUIAC6</S$<G]B,"DHDR;VW,CB2QMK4--@Y0?W!F%E$%%IB
M ILD==M^WG/4AZD>0T=T_:+PJG&M6LLZ4#+029&D%GREX7DAR'LD2]]SD!;4
MSA).&YC-"E3EB2B,]6"_/3IVKF.Y>[&R5XN52O=2U0\:O4PTZX)Y,1A)))W3
MC1<5LITMB.Z/!H@(O<<F\^)(26 )!2(!02C%(,84FA-YP' <#N-W[H(?VXF_
M9@<"[/1T_1P:[_M^]_RDK@X$F? <!P(_.IK_ #8XW_QA]/7\NW7C@2U\!P'
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MR/M<3D!<6AK5F3GS>5DJX_+B#SG$AM"@1'!RF-,\? P%AF)P' <!P' <!P'
M<!P' <".G:&T]DZRVRT3:XO.H&S:^W3?SI3$W@1<&,>9_,E!^MNQEJC=W">.
MCMA#$6>./M6M&$2-K;1JUHCE E*T!. )A!A7L+N!M6RQ+>;<*N[:;8K46AVQ
M;;3S=K@;6\/?&*\HE7B:H%5Z/5@3UW:S;*8)8^+;!=D,8S'UK6A:_24QZLAV
M I'C 9W;?;(R.'T_*;4U>G<#LN1ZRS>)V%L)4D7<HO-I/)J&C[RK17?#"4:!
M<L=HA/FV%%N3PR"P "A2\,($&0" H.#P,<X'U'G%)4R;9B:$!ET'W!V&<(-T
M]:J;3X77*R0TK'8:ZKF:TY?.K&=(HW-#)9S%7K_8 ECHH#E#'5[6B3)C5QH2
M#@O&T=15%-:,+N2L*+E$T4LMD674EFQ=?;6OT(:ZQL"IW0;/)&!SLF56<B@,
MK&_+O#S'SV%6Y)7(@T)AQB/&#, #G#.I#%;;E>LT1I"BKEM!;LMK_#]GT+DF
M]A1=BK"FY#)FR+O;M9+O)9DA2)))%5[L4#+0V"<E3H8$W"'QRR330!)%P' <
M!P' <!P' <!P' <".>F;2V4%U#-C*)N"=P.0UJW:V4O=]5PZ$04<>#7Y<TN;
M8:O3D+S,'1V=9#/7UXCE:-BI<H, W($ZP9A21& L.33@L!H5M=,)(^IF?;39
M.V(U=*^JYK.W_7G8#5@G5N*LB"&R- ":3&K+ E%5P$=HQ*ND*U,G6JT3X\)2
M4:XM6I%@(RS<!Z_<??=\U7?:RV'C#FR7WJ'9,/L&F LM7A:)8[(MOR\B>M=&
M]GEL7$[FKVJ^'M X5\<0;GRK9)5+(+(RL*5.<AU97U!I%J9%8?4^P#.*^MEZ
M[UJ8-A]KW. R6F*KC<.9WD^3%K"(8UV#.(>7,G=0YPU_(869M\96J;6+QUAY
M)RE-YH+L6UU&8C4XJJF"NJ9<]T':OP.-9KL3S>H6;S+;?[Y%8[#Y#'JED$];
M;>E<>8'&;-F7XU.T 5("3C#"$ZL*<WNA=:F-MC[SO"ZZHB-&V@AAM!3R353/
M;PD:F$M4"569'VN)R N+0UJS)SYO*R5<?EQ!YSB0VA0(C@Y3&F>/@8"PS$X#
M@. X#@. X#@. X#@. X#@. X%F-B:TFMR4?9U5UU<,HU_F<^BCA&&2Y82V-C
MO+Z^,=.X0K?8TC=Q 1 >@-XCBDZCOEG)##<'DC <66,(8!QGIIS9#KFP:^2;
M9U,:FIN=T_:6J4HK77N U=F@+ IQY7O[8\*(V4^2EIM9'+EZXP#^2]"P>YD*
MEN1J,*E8E0 NI'=*[3B5=W\-@V>,QLUL[-V676]L0[TM%'-K4MD=B#)7#%!8
MA3I4A0,<;B<?KY@*1(?'<W!>%8>I6J%*HT[(0A;B%=.&?0O7C5.JDNU;D?;>
MC\A9S]:+T+IF*(PL4!:*@448;65B5L&1GM5@,4@KQT7$N2LMP:7 U88G4D&I
MQI0X,#,35G7!LUDKQ]B@)@^6-,)]94_NBU[&D")K:%\ZM6T'PU_F#^1'6(E.
MQ19EP>(I(W-B,&2D+>E)+$8>;@P\T,DN X#@. X#@. X#@. X#@45!0STYY)
M:@Y*8<2:4!4GP3D],,P @!4$84DJ$^3B<Y[P?$+&#O8QW@YQVXR$=\%T9G2^
M_(3?>T^RKAM ZT[!K8KNE8PKINO:KC\=8[O(C399KK8)$3,7EV=)I#'(>@;L
M=I;4R$$Y4# V>*< 9(7QV U1@EWTDFHQI&DJB+)+4I.U$_L6.,R%,4YTO>$!
MO!*@+9TY2%M+)DSQ RTBLW <& +4C-QWAAQC(67V$T.%:UZJ=BJTLJ,5I8DF
MJY@I^Q"9Y1%?W[%91%84_2N1P%Y:&69*6=9$9S#W"=O("EI*Q0WK4JW!:Q H
MR0G&6%H+JZ533<=J3Z?J+P5LK3:*S6I[F+6?3=82*9(GG6-=$UD8::ZL=S1
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M&9YH)F2.X 0<XSGO=F,XX'% ZM;J PQK<D#D64+ #1H%B=8 H8@][ #!)S#
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M$IY*L01/U=!W)/M]1\ZD52U-2D.>NL+O&D9]V(%)%;E?UFR]LG-^HXYJQ;[
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MWW=\0_4/7.S[=ZOYCQ_M_B\"\G <!P' <#'W:OY=/EUMSYM_9ORW>T5?Q?\
MB!XGL_VEXZ;Q_6O!^Z/"\YX/A>%]N\?N>']GW>!"N3_AW/4&CSGPA[WN*-^2
M]W?'WV_Z_P"X6SVWZK[M_P##?<]Q^5[GGON?Q^YW^!(1NE^:J^)-7?/I\H'Q
M3\F3\-/F"^'WNGV]ZRH\#L]T?=7L;W%XW=\_]Y_/>+_^[W^!EVR_ +X@VOZ%
M\,_B3[&K?XT>0] ]Q_#GRTZ^%?OWP_NCVEY/W%Z1YS[E\+SOA?8^+P(YKD_,
M?? #6#XU?(3\M?H\W^4'W)\+_A?[>[S7\0?@=X7WE]$[WDO4O2?N?_X/B?\
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)@\!P' <!P/_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>maadef14a008.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 maadef14a008.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@!9 )8 P$1  (1 0,1 ?_$ )\  0 " 04! 0$
M       ("0<!! 4&"@,""P$!                     !    4$  $'!@8.
M" 4" P4) @,$!08  0<("1$2$Q05%A<AE=56EAA35)34UEDQT2*2(]-5E[?7
M.'B8V$%A)"4F=AD*43(UN#F%)S-#-(%"8G(I8W-$9*0V-V<H$0$
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M@4"@4"@4"@4"@B+Q OV#-V_W1=DOT-3.@Y_2C]C34G]V3 OZ*XI02;H% H%
MH% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H%
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M-LBC$HCCDC>6"0L+PD*7M3RRNS><H0N38Y(CP&D'DC&6:6.P@WO:]!S] H%
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M3= H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H%
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M!T)7P1?W@?M4#H2O@B_O _:H'0E?!%_>!^U0.A*^"+^\#]J@="5\$7]X'[5
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M!,7Q9VG.2YK$L>0I@3B6/LPG,C9XG%V5("W*)2[/[\L0-+<G#:WE&<: -O\
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M4#NA?UIF'GD/S2@@3G_B :@:\S"^)WC-\^RKL <$5FS6?7-MD&P.PKDHY;6
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M@B+Q OV#-V_W1=DOT-3.@Y_2C]C34G]V3 OZ*XI02;H% H% H% H% H% H%
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M,C./"7A3>]KEJUS=>UQA#M.&>&,P'Y%8-D=[<HNV]VTC$H Z1%\R*PHF+7K
MCC?E%9/K/K6G4N<&QZH16Y@ R-R$]S!2(D)ICH&]^C"%IU H% H% H% H/$Q
M_NSMZYW.\6M_#)U#8)[ER9O;Y'IQN/?$$4DTYMCJ&-HB'_%V*9DJB3>YD,[Y
M/I G+?ST"@1:HIO9T@A@N2O#S@RCP)HCN'Q!],FYKV>WSXEFO,RUR<&/#:S#
ML/BN)-?TRB",+$E*QC)FK(\AUX<LL30AXC2,2%R4*7LU=VDWGF#&"QI Q!=;
M?@KZ62/E,S8[;9;/*AW5W.,V-W;VLR.VJ0KN3K1*F)7RRTP<]*9:W)8D37<D
M%O($-K<EK!G/&O"QX;&(#"U6/-$-3X^YE727"^BP5CIYDPAH;\J0XV4/S Z2
M$]00+RA,&I$/G>7EY?+03?96!BC:$MKCK*T,#83_ /";F5M1M2$K_P#=I$))
M"<'_ -@;4'+T"@B5N+N+C33/&B"93)!()Q.YS($F/L%8*Q^D+><M9^RT\@'W
M=QKC6/<\ UKFM&&YRU:=<MO9F\LU:M-*3E#'01IT[TLR7XLK]\M[W2/S_=B8
M,"N/P2&1]08[8?TAQ.]A <IP=@:ZNW-=)2Y@YH9G.!%%.$G5@N238AL+ 2:%
MI= H% H% H% H% H% H% H%!4/QWO_%CLC_F+6G_ +K\&T%O% H% H% H% H
M*6"N+/-I+O@HU:QYJ8ZO^"&O+N<-9'#:9]R_%8TG=MH<&:U/FRDIQE&L3A9G
M:5&1E RM &M3)%QZ1$%:<,119H"?PH6(::[,QS<O57 .U$387**L&><7Q7)"
M*+O"DE:YQHR0-Y:A?'UB].2G3N)S*XV-3=9++++46*L8$(0BM:P27H% H%!$
M7B!?L&;M_NB[)?H:F=!S^E'[&FI/[LF!?T5Q2@DW0*!0*!0*!0*!0*!0*!0*
M!0*!0*!0*!0*#^<G_O -K-H\%\0O!,6PGLCGO#L7<-1HL^+HYBW+^0<?,*YZ
M49:RZB4/"MIB4A:$"IT/1H""1J# "-$406"XN: -K!I_M>,<SCBHN^Y,3WJV
M@VVSWA/$9.O[V=KS,-A\DN6)<I.LM59<++!EA$L?%$BE$88[1( @L!;@F9'0
MP_E=$RT)"<!8?T1X;"X?CJ*L,&Q_%(W!H5%FU.SQF(1!D;(W&(\TI \Q*V,C
M"S)D;6U-Z</D 204 L/]%J#LU H% H% H% H*BMO]O\ ,63LQ+^'=P\%[6?M
M I:&QRV,V.<&LJ2XNT&Q=)"Q72RN5I1"LVS'8N8MMC!0>#B,L(T=K.CI8EK)
M_M(31U U!P]I/AU!A_#Z%V4EJ'5RF&1,B3!R,DF4<SY1DA@5<SRUEJ9JPV<I
MCD"8N5KG*U9][ +!8M.G 2E)))+"4E H% H%!$;<?<?'6FV.FJ3R=JD&0LE9
M"D!&/\ X!Q^02YY8S_EAS)&-EQ_C]E&,-KCO8/675T4=&V,386:M6FEDE_=!
M'K3G2_(S?D]TWEWD>6#(^[\\8%#!'&-@-.<<1:9XH=KEJAX"U[*76Y3E:B]@
M=[9D,LISEBX%_P#X*$!1%PL^H% H% H% H% H% H% H% H%!4/QWO_%CLC_F
M+6G_ +K\&T%O% H% H% H% H/&/Q5-9X-(-GL]9U>.%WQ;#HQ"W1_G&1<G::
M[28^QMAS.EV_&-H5+\L&8N3RAUE 7V1XIL='G52THFYW=FDLPA2$P1IO/#U&
MZ+O6,Y'IAJJ_X7QXEQ+B)ZU_Q0Z8QQBC?V.5$0.!KH4SJ8K%[26-NS\QOYC.
MRF$DF+$ZU6!08$0[FF"%<5P@Y!+Y@@_&I>,?R?8C+>38'D7A[9*S(7C:2.C8
MV8J@;TV[68\B4/2P/'L<;FQG;U<>A3D8@4.ZX3@]N@S33%"NX!%D%!&;&Z]1
M@/;%\F.[[+Q)(BZ9%W_RU$<#9G5;&3J0:,+X]E/,$C9]4H"\8L@&P+PTP]AD
M<;=FAD0%2&#(FBSN<00H/ <(L5PQ%E:2YG?=,-T.*4BS[G"/[#8'VSSX=AF)
MM.4IXU83B>$]5]I%N%$N!7_ "!]1XMF39E*#8]7#D"YV:E3TH>'P2DA61U=(
M D/4$ 7/ $=K"#880BYHK<@K<ZUK\@K?T"MR^6@K_P"))EF$Q33/<F(/2B1%
MOCKJ+L'=&!O@D\?6V]G/$LV1)+J']BC3DP(N507?I.G4EW)#]V9S07L*X;O1
MC.6.G35'5:.HE<K&Z-^L^$BU(3\9Y-0H><@QE%$ZFY#LOAZ5J5!L9_R7*.'8
MT/W0.<'RT$P_$",?#/'LK*O0M \0(Q\,\>RLJ]"T#Q C'PSQ[*RKT+0/$",?
M#/'LK*O0M \0(Q\,\>RLJ]"T#Q C'PSQ[*RKT+0/$",?#/'LK*O0M \0(Q\,
M\>RLJ]"T#Q C'PSQ[*RKT+0/$",?#/'LK*O0M \0(Q\,\>RLJ]"T#Q C'PSQ
M[*RKT+0/$",?#/'LK*O0M \0(Q\,\>RLJ]"T#Q C'PSQ[*RKT+0/$",?#/'L
MK*O0M \0(Q\,\>RLJ]"T#Q C'PSQ[*RKT+0/$",?#/'LK*O0M \0(Q\,\>RL
MJ]"T#Q C'PSQ[*RKT+013V_WXPWI_C)/,9&@F<_R#,W@N#X)P/!HL^J\J[ 9
M7<21"8L;8V9%385=<Y*A\AJY8.W4VAO"8K5# 47]T%7L8X2&O6XCB[[/\8:
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M3-Z6[=\_=J?&NC9$'7$"?%5L*X3+BE\ /.4F;*J_%1KZ&.]Z1*#'5A3)0O\
M919U F"*]A=(*XZ#EY5H;D/+.1HBXY_W)RWF+!..\TQS/<+U^58_PY!VY1.(
M!*PS?%:#(>0H+#F673Z&XQE)"5<WMHNHV6*FU$8Y&KKDCZ4,<RCA1QF2R')<
M2]X?*S9I]FO83WH\N:?)F''BB)2W+*V;LV4)6WI<FK8V?DR.XFR)D^/IGY_C
M*578M8K.6E$J4R-:>FN%LU!$7B!?L&;M_NB[)?H:F=!S^E'[&NI/[LF!?T5Q
M2@DW0*!0*!0*!0*!0*!0*!0*!0*!0*!0*")^Y6XN*])L/'93R04^R5Z>WUI@
M6(L001$%\ROGC+TI.ZC"L28IBH3"U,AF$G<;V#:UN:G0I '+%9A*5.<: (KZ
M4Z>9;7Y07;_[\&L\BW4G+ XQ_'6,F5T[P8JT7PP_FEJ? W#QXBRD3U/GE,43
M>=S8)0%<A7@NE3"*:R2P'!:Q0*!0*!0*!0*!05-;A;A9=FN7#N'SP^#V1VVV
M=F9M=\Y9Q=VT,CQ5H5BF1@'9+D;(J6PK()5FZ5(0F7@L%N98]Q/#9Q<;$-)(
MA* EYI]I]B/2G$9.*\5DO3LN=GIRF^4\IS=R'(\K9PRM(QA4S'+.69BJ#9?*
M9O*5]KC--'<)"4@):5*60E()) $J:!0*!0*"&>ZFZD$TT@<=7KHZ_P"6<VY8
MD%\?:V:UX_$F/REL#E-0FNH2Q6*I5%Q)V:.LR>]ETCD:VP&B-- #%BPRW(44
M<&&M,]+\A1>?/&Z&[$G8,M[V9)CEX^8ICY2@>)-5<8+CP.0-=-:FUQYRANC*
M-3S+R&2G!"]3)R*ZTK$ @*=*2%F- H% H% H% H% H% H% H% H% H*A^.]_
MXL=D?\Q:T_\ =?@V@MXH% H% H% H/F<<4G*&<>:6224&XS#3AA+*+!;RW$,
MP=P@ &UOLWO?DH/&#Q <J[R,V<MA<WYEX@^YFDVM6-]\9+JRK8<!87M*(9BC
M7]?J:#)VN.?A-S/"7R59&1Y<S4<F:'A>4<>2B-6#1W,2F!)L2'IFX:TVR=DC
MA_:;3S-"*?H<L2S7/%+WD(.4S2S<AK)6MB3:8[O,LN6ULG1NS^JO=<(L:-,:
M4%0$!A8# BM03<H% H%!$7B!?L&;M_NB[)?H:F=!S^E'[&FI/[LF!?T5Q2@D
MW0*!0*!0*!0*!0*!0*!0*!0*!0*!01AV[VYPYI1AAXS5F9T<K-I3@VQ>$PF*
MMITCR3EW)<C-$BA6)L3PQ%>[I-,BS9UY$S>@3!O?_G..$4F)..+"&.F^I.7\
MBY>*XB?$#;6<W:=[CZQEU]P @6VD&/-",02(-S54#B*L80H9-L!-40RN_P!-
M %!,4G%V:FVY34GM92%ME H% H% H% H%!4UN%N%ER:Y=/X?'#X/9G7;9V96
MUWSCG)W;02/%.A6*9&$5DN1<BI;#LAE6;I4@L8*"06Y@3G(\/:+CT#20(2@)
M>:>Z>XCTIQ&3BO%9+R[+G9Z<9OE/*<V<12+*V<<K2(0%$PRUEJ8J !7RJ;RE
M<'GFG&<TE*0$M*E+)2D$D@"5- H% H%!"_=/=.&:>0R+VM%WW,.?<POIT"UG
MUG@1R6^2L\Y+$ENJ"RLUE/.2QJ%QM**R^42A?8#1&F@ U2H=Q7))/#$FFNE$
MSA&0I)N;N/*6',6^&5H\5'W9^8R%?A7K/C$X\+DFUMUB:7:YBUAQ\T+;V,>7
MPZP7J9N@+KW 00]72IPLKH% H% H% H% H% H% H% H% H% H*A^.]_XL=D?
M\Q:T_P#=?@V@MXH% H% H% H,(;+,&#)5KUFR-[.*8VCUV?,7S5LS<KF$D/A
MT62XN5L"XF:J7^6)71D51MJ(81'B.6E+$QJ8%KF - (-A6#Q7NVR33B:0KX-
M_MYMR>)[N!)&-8%M3ZZG8@7;F:)QTTB_(&-N68=BK0)]Q!#CP7MSG)CD3J&P
MKV, *]A"O</:AK2^9PDVO6%)#LQ$H] MA7K&$+<\U0J)JBET9BV35C"B/F3$
MQ*R7F0DGM;:^#.*)N!>M#S VY#C;?=W")4 V_P ]/G$BD^F^1,)0S'6,+ZO3
M38+&DK*GQTNR;*D\,SE%<1!=)0SM+>3#H>PRQ+)!.#<WDK7-R)(*+$L,3'F&
M(R Z?EOB"S:/;ZX#U9Q7CN+2S$;UED&#-CLOO;J\IE\-S'+M?\I;"0+%^-F]
M GLU/LE8H'C,IUE9BLZY+:ADK.46&ZA0;8D,$Y)XD^ST=@V?-R8ABK#3EHSK
M3L?),$S*.NZN=>\GD6&8LRXAP?G#.\$>T2PK&\?:8/-[.RAKCJ]N6'OK.Q&G
MB<T!RHA.$+R;7M>UKVO:]KVY;7MY;7M?[%[7_IM>@B-Q OV#-VOW1=DOT-3.
M@Y_2FW)IKJ3:_DO;63 UKVO_ $?^U<4H)-T"@4"@4"@4"@4"@4"@4"@4"@4"
M@CUM'M#A[3S#$FSIFY^5-$1CYC>UMK2R-RB03:?320*@-D/QMC:(H.<ZS/(D
MX>SBT+4UI B-4'F<HKED@--+" ^I6JN8\[9J:N(QQ!6(#5FQ*B>$FHNJ!RY.
M]0K17%TE*L0><MNG$8U2W:[(3-8OOA*+6%9M+%V.UW*2%&"/"WV@4"@4"@4"
M@4"@J;W#W R]-<MG</GA\FL[KMH[LK<[9QSF[M@9'BC0K%4C .R7(N1DUAA0
M2G-TJ0!,%!(*(T)[D>&SBXV):2!"4!+K3W3W$>E&(B,58K*>W=<[/3E-\IY3
MF[D.1Y6SCE:1C"IF.6LLS%2&R^4S>5+[=(<</FD)2 EI4I9*4DDD 2JH% H%
M H(6;H[IQ/42+1%O0Q%]S5L3FA\/@^M.LL#4I 9$S=/BTUE2A.D.5V,11#'L
M01#LX2J5N(0M$;:0B/4"$8).G/#&FFNE,KQU.97M[MM+6;-&]V7V).QRN9-"
M947C7 &-^L!=&_6O61G=>>MB^*8XN%8QQ<SK!>IBZ@$Y.@N==.F2A8]0*!0*
M!0*!0*!0*!0*!0*!0*!0*!0*"H?CO?\ BQV1_P Q:T_]U^#:"WB@4"@4"@4"
M@ZQ-(5#\CQ*20'(,6C\W@\Q9G".RR'RMH02",R9@=DXT;HR/S&Z$*FUV:7%(
M:(H].>6,HTL5PB#>U[VH*]1\3'AA:^6SEB=ZV"P?KD;J*O*C^3L5RA(3AU;$
MDYR=$I:%D'@#@T,*N=1I]*<2 MJN+HW-*M.-"22(1U[%T$W\(9BA&PN'\:9S
MQHI=%N/,MPN/Y!A"Y[9'.-NJZ+2EN(=F-<M87E.D=V@Y:W*2S>@4E%'EV':P
MP!%RVL%69[%N,IXN##LE[ETL*P(UZQRK3]1D,><-?;G# _[&0[(J?,I4-+GP
MI;>$$16-&G#0736?KFF@*LCYW.Y Q%)^%3LY!,BZ?*L0[JY<ET'QYNWD79/*
M!TQQOJH&0QY5DO%^P89AD91(C,4-\JR3*))+,BD1T9*\]>-*SNMS4Y979B,:
M<.L373G=I1@?:+AL,.'8ROP7L;M1E7($=V]MDZ%)(MCS6G8C/YVP&48I(\2K
M3_%-WS-$B)"_QMH)1(#F-Q,/0KSG-*$*@@ >B (0@"$ ;6"$ ;!"&WV+!#;D
MM:W]5K6H*_>)+B.!2S33<F8OS8Z*I TZB[!60J4TLE[2D+LUXEFRU%8UH9WY
M SJNC4F7N+I2!W-#]R/G!M:U!N]%\$XQ:M4=5I(@9GDEV<-9\)&*CC)S/5:8
M0G#&454*NC;EDG4-Q%A&^4-@%!Z.WD#R6\E!,/P\B?Q%=Y/+_P!?D/I7^J@>
M'<2^(KO/\B]*T#P[B7Q%=Y_D7I6@>'D3^(KO/\A]*T#P\B?Q%=Y?+_U^0^E?
MZZ!X=Q+XBN\_R+TK0/#R)_$5WG^0^E:!X>1/XBN_X?\ 7Y#_ $?^J_U4#P[B
M7Q%=Y_D7I6@>'D3^(KO/\A]*T#P\B?Q%=_P_Z_(?Z?\ U7^N@>'<2^(KO/\
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MNU[A*R@4"@4$1>(%^P9NW^Z+LE^AJ9T'/Z4?L::D_NR8%_17%*"3= H% H%
MH% H% H% H% H% H,,[";!X@U8P[.<]9WFC; <78[:;NTCD+ETQPN4T\I$V,
M[.VI"SW)_DLA=5)*%L;491RUQ7J"DY!9AI@0W"L?6;7S+^[6:8;Q"][H6[0-
MB@JY:]:#Z/RPA.(&O3*XDC2HMB\^M03%2%ZVYFS,9STB,=S$V.FX_JB:XG4Q
M6I+"YZ@4"@4"@4"@4"@JBW(W(RP_Y8MP_P#A^V89)N7(V)O>\LY8?&^TAQ+H
M?B60\\I/EW+J<L5DDARE($H3;P2"7,"J?58++%MB&DDPP\)6:<:<8GTHQ0+&
MV-KOLD?Y(^N$\S%F*>.%Y!EK/.6I!S#9;E?*\M.!97(99(%0?);[E*WI %(T
M91*4@HH(2QH% H% H/&%_NT^*KMMIW%,4ZFZT+3,3MFP$-=ICD'/\/G:%+EE
M&QL<B*9#L?11F9%Y,RQFW.*@U.:JDQ@";.H#[M[<>$:=QM<)7_[9!;GW9C D
M^W^W8QI.7W9S*BMGQM ]K<K.[8K>,J:YQ!N2E,,>Q1!DS0RE8HQPU21(<H<3
M4*8!$T?#C74X]4:"UR0]1U H% H% H% H% H% H% H% H% H% H% H*A^.]_
MXL=D?\Q:T_\ =?@V@MXH% H% H% H,+;$9\@&K^&IOG?*():9 \?(VU;(006
M$RC(LJN0[/C7'DG9,-AC8\25Z'9Q=R;FV3)C.A(YYP^:66,00\-.TFT>A\WV
M3R/F_6;BE[TZ5,39E*6;.9<Q,CX9V1LHE8TR_FC!R[".3,M1V7RV',4CQ&+*
M6(#5%A <^N(4ZPTYS0]":$KH@]I&A$+POCO2G5>%:ZD2\G!D>P5C=%BL>0&1
MUCD[70R\90'LSQ,V)[:V1V:Y4^)SNN.!)Z-(8%4>/E)+_P"2P:P'>/6C*6SD
MWU#Q[D <LS7CJ"O&0)>W-,<DAL2;6B.3)J@$E;4V03&HN%/4GB\L>TR)T;4"
MY4K;5!ERE("C0# $.E*N(C@!JSQ$\"21GSA#5^0<CNV&<<Y4FV!\GQ'!.0LR
M,B5Z6K<7P_*[_'4$>=9,I3QIR[/-Y0-CP- >6WJU1@.9<.'F?$UU6@>4WG&C
MZZ9'$SQ'*,<P9D+.37B>>.VN&,\W2]6P-T<Q/D#-J%F.A<=ERUUEC4B47&>-
M UN#FF2."E(I-L506!T$1>(%^P9NW^Z+LE^AJ9T'/Z4?L::D_NR8%_17%*"3
M= H% H% H% H% H% H% H%!BW-F;,5:Y8HG><,W3ABQQBK&L?5R:9S*1JK)6
MQH:DE@AM]BPU"UP7JC"TR-&G :K7+#BDY!9AQ@ ""I?7K!^5^(SF&![[[LP9
M\QU@K'+JDF7#]T;F9?1+8@?8!@V3;K:..V&8A<-B7]O4!.BT</N>EQXWFV%?
MGO1QYY 7=4"@4"@4"@4"@4%4>Y&Y&5W_ "Q;A_: !8I'N5)&%O>\L98>V[O#
MB71#$LAL,M-EW+J<L84DARC(4EC+P2"7- J?50++5O0M)!AAX2KTXTXQ1I1B
M<6-L;B?9+()(^N$\S%F.>.%Y!EO/66I!<!TMROE>6G "KD,LD*L/DM?FI4"4
M!21(42E)**"$L:!0*!0*"K+8_>'(TMRL_P"EG#RCL<RYM6U%HR,QY9DX%2W6
MS2-G=R^>GD.<7EI.*-E^6EB&XCH_C=J/L].(K64N)C:VANH-#MV'.%UK'",5
MY6A&;8\1M[/]DP-2S:_->QC0SS2;;!O32:4L:B'U(H2B98AC^'KB@]UXJRE)
M&6,DEEV1E6/L8I-"P]H:&F/M+8PL+8WLC&R-Z)H9F9H1)FUI:&EM3%(VYL;&
MY&42C0-Z!&2 HDDH "RBP!"$-@VM:@Y"@4"@4"@4"@4"@4"@4"@4"@4"@4"@
M4"@4%0_'>_\ %CLC_F+6G_NOP;06\4"@4"@4"@4"@\7&^.=#M#ML=Z,8XCXO
M_#\Q&Q;I34S)F<\2;5X7R3FS->%I;+\712 /#*T.^+F^4,ZR-FP5H0G,S%*R
M"TR!&8 DM)<H9JA0'IVX<L(QMC;0O4*!X=RVX9YQ7%=?,7L^/LRN1*I(HR3$
MDL6;[,DL*;UUK+&AN=45P#2(3.4:%)T:>XA7+YUPKB-VEU:!QZHC'&_8#!P'
M4GAXY%P2-B29*A0%Q6=77<G&ZD&(QMQ+O8T&47$U*H,LQW#9T-N68+H;\@KT
M&(=PLZ0'(FY.F\GQ3N;&MNGB&[\XZB23AK%-D*+=\8OMQN&*LCYT4D8]:(]F
MQE>]9618^2PM5D"[E%2PW.M8!9XVM02$<\E9*QZBX=/$%X=3PN;Q;SY)WNV=
M@,(UZ662%YARA(=C=SG/*^%LU1>$G7[9?L;J,<S5LDQLG**,:FUO:5(E"DHQ
M&:  >M8%KA $(A7&((0V$.]K6N*]K6M<5[6\EKBOY:" W$A;,IJ=+MRU47FD
M#9HF7J+L)VHR/N-7^22!9T>))L-RZA)T&5(LWMW6T=PED](TJNKF6N8+I@WZ
M.P;W1EGS45J;JH>YY#QBMCX]9L(70M:'#\H;7=, >,8H)"%4^'YM=$BT28C[
MDVX&\BQP_N@V*M]S03 ZE._66)^Q3O\ 3V@=2G?K+$_8IW^GM ZE._66)^Q3
MO]/:!U*=^LL3]BG?Z>T#J4[]98G[%._T]H'4IWZRQ/V*=_I[0.I3OUEB?L4[
M_3V@=2G?K+$_8IW^GM ZE._66)^Q3O\ 3V@=2G?K+$_8IW^GM ZE._66)^Q3
MO]/:!U*=^LL3]BG?Z>T#J4[]98G[%._T]H'4IWZRQ/V*=_I[08]RQDM#@K&T
MUS#F'+.-,=8PQS'U\IFTUE$8<VYCCS$VE=(J6K% Y[<0Q"O<)9))83#U)XP$
MD@&:, !!4CAC#^;^*-DC'NYNUC*#'VIF+9,&<:+:@3J#.B)7.G9)<08ON3M%
M"5<J <&:*4A@E,!B*PXY/&49P')07=S.#<H+L.I3OUEB?L4[_3V@=2G?K+$_
M8IW^GM ZE._66)^Q3O\ 3V@=2G?K+$_8IW^GM ZE._66)^Q3O]/:!U*=^LL3
M]BG?Z>T#J4[]98G[%._T]H'4IWZRQ/V*=_I[0.I3OUEB?L4[_3V@JNVZV^V%
M>\PD: Z(O4!E^WTC9$#YE_**Z#.+CBW13$4A+-*3Y;RR,4S7H'G*<@(L(4%@
MP@W5/JD'7%@26DHPXT)1:=Z5Q_2C%0\;8QDJ.1/DD?G">YAS#D".NTDR[GG+
M4AYATNROEB8#FR=1(I9(5EKWM:P2TC>D"4C2%$I22BPA*_J4[]98G[%._P!/
M:!U*=^LL3]BG?Z>T#J4[]98G[%._T]H'4IWZRQ/V*=_I[0?!27,T2=0L62R&
M)$B0@U2J5*8>Z$)TR<@L1IZA0>;/PE$D$E!N(8Q7L$(;7O>_)04X/>PNSG$J
MD<GPWH?D]-B;4EA<':)YKXCL?ARQ*[35T;SKH'S&&AA#O(G9MF+LD5%'H7G)
MIP+L#(98P+)=P<"K')PLAUQU<AVI6)V'"F 6R#06 ,!JQ==,")R)V?I)(78W
MK4@FLYE3KD-5()Q/)2OY5+H\N9ZAP7J!7&:8+R6L&=>I3OUEB?L4[_3V@=2G
M?K+$_8IW^GM ZE._66)^Q3O]/:!U*=^LL3]BG?Z>T#J4[]98G[%._P!/:!U*
M=^LL3]BG?Z>T#J4[]98G[%._T]H'4IWZRQ/V*=_I[0.I3OUEB?L4[_3V@=2G
M?K+$_8IW^GM ZE._66)^Q3O]/:!U*=^LL3]BG?Z>T#J4[]98G[%._P!/:!U*
M=^LL3]BG?Z>T#J4[]98G[%._T]H'4IWZRQ/V*=_I[0.I3OUEB?L4[_3V@=2G
M?K+$_8IW^GM ZE._66)^Q3O]/:!U*=^LL3]BG?Z>T#J4[]98G[%._P!/:!U*
M=^LL3]BG?Z>T#J4[]98G[%._T]H'4IWZRQ/V*=_I[05)<=!++2^%WL6-R?(Z
MK1!DFM73IT46<F]48'WKL'6M8I8?+W(HD5A<E^6Y!G+;R<G]-@N;H% H% H%
M H.*?'UDC#,Z2.2O#5'H\QH%3J]OKXX)&EF9VM"2-2M<G1T7G)T+>@1IRQ&&
MG'# 66 -Q"O:UKWH/(7*TFTN#=O=WLHZ:3#@#SC#&U6<$.:$ANV6Q3G*,K(I
M#W$C,3D*H3Q%$;8<TLLD7L':%F$Q:YH6E:<H&B- !48"@]3NMCK,'S7_  R\
MY"!B N=.F-H@NEP-?G)4\8.#(E+*D-=O"5U77NL<,?\ 7!#[*--O<P:/F7%>
M]_+095M'V&RKKUF1HLMZQUOKEFU%95UKEYW6>L=#TW6.=?EY_+SN7^F@^Q30
MTDN2AY):VXIX6$ 3*W4I$F+<E28KH^B3J%P2K*CR"^B#S0"%<-N;;DMY+4'Z
M&UM@W$IX&W(!NQ"82(ET&C3B<248QW,&D*6W+NI+3#,%<5R["L"][\O)RT&_
MH(B\0+]@S=O]T79+]#4SH.?TH_8TU)_=DP+^BN*4$FZ!0*!0*!0*!0*!0*!0
M*#IN1,B07$D$EV3\G2U@@>/(#'W25S.9RER3,\>C4<94ABYT>'=R5C+3I$2-
M*4(0A"OY>3DM:][VM<*9,48ZG7%LR7"MKMD(E)()P^,:OS3.-+M3YHB.:'C9
M"3M2@2Z,[A;/Q)466I(BA5^B5XZ@SB$02R;@>70FQIJ=/8+S:!0*!0*!0*!0
M*"J;=#<;*CIE5!P_M!QL$AW3FS&D?LEY+>FT<DQ;HKAIY 87XVYA2D"LC=\A
MOI 1EP.$F&EJ9 X<U4KL4TDFF'!*?3?3?$^D^)Q8VQL)^DC_ "1]<)YF+,4\
M<+R'+6><M2&X#I;E;*TL. %5()7(%8?('[A(WI %(T91"4DHH(2RH% H%!CC
M+N8,78"QM,,PYIGD8QEB^ LRE_F$WF#JF9V!B:TMK6$<J5J1!Z10H.$$E.G*
ML8H5*# $D@,-,  05$IX-G?B['IGW-;#/]9>&*-04OBNOCD-V@NQ&]3869SD
MDBV-*3C1R#"^LKR4&QJ&!EF$2*5I3 GOHT:01;:8%T$8B\:A,<8H?#8^R1.)
M1=I;V"-1B-M:%CC\?8VI*6B:V9D9FPA,W-;6W(R0%$)R"P%%%AL$(;6M:U!S
MM H% H% H% H% H% H% H% H% H% H% H% H%!4/QWO_ !8[(_YBUI_[K\&T
M%O% H% H% H%!TO(^.8+E^ S+%F3HLSS?'>0HT\0^;0^0)0K6.31B0(3FUY9
M'5(*]@J$#BA4#*,!RVY0BO05E?Z$'!X^KPUJ]BK_ #V@LSQMC>"8>Q_#<5XO
MBS/!\=8]CC3$(3#X^FLC9(S&6)&4WL[*U);7%9.@;T1("RP<M^0(;4'=.>#G
MV+YP>?<-QV!SK<^X WL$0K!Y>6X;7%:U[_8Y;T'PLM1B6#;[*TMUY:<"L:&Q
MY5U@$IA@B@*1IK#Z8*<9H+AL.X>;<5KVY>6@_(EZ$"TIM&M2 <3R#%)" 2DD
M*TY,2*P#5!26X['F$%#%:PAV#<(;WY+WH-W01%X@7[!F[?[HNR7Z&IG0<_I1
M^QIJ3^[)@7]%<4H)-T"@4"@4"@4"@4"@4"@ZS-)I$,<1&33^?R9BA<'AC&YR
M:6RV3NB-DCL;CS*C-7NST]N[@<0A;6QN1$#-..-&$!8 WO>]!2!C^)3#C+Y%
MBV?LS1MXB'"RQC*$LKUDU\ES6X-#YO3,H^K IC.SNP$7<RDBE'KNQN) 5V/X
M6X$WO(#0E/CN5T%D*2X7Q@  L 2RPA   0@   ;!   ;6"$(0AM:P0AM;DM:
MWDM:@_5 H% H% H%!U^5RN,02,2&:S:1,D1A\297*1RF4R1S1,L?CL?9D9S@
M[/;V\.)R= V-38A3C.//., 446"XA7M:U[T%8VY&Z>37')K?H=P_RH[.-TYU
M&VV2S?(SPEM(<.Z18<D0>:FSMFJZ4=TCS+GI&(0X-"K&65R598*D^Q36688<
M$G],=,L6Z3XL50.!JG^93.9/ZV?YQSCD!;9\RYG_ "V^6"9)LGY/DY@>L.KV
MZG\H$R8-PHFI$$I(D+*(*"&@EU0*!0*"+&V>XF&=-8"VS/*J][=7^8/94-Q%
MB#'[,HF69LZ9&6E\YIQSB#'K:+M>72EP%>US.98M$WI^<J7*$J0LP\ 0LQ#I
MUF3;#),2VUXF#8T <(>[)I9K-H,S/:>78/UB6DWN:RY"RRX$DEL^P&U*0@RW
M*\FE"CD3-$84Q$"-Y7,T+>J!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!
M0*"H?CO?^+'9'_,6M/\ W7X-H+>*!0*!0*!0*!0*!04CP;%$=Q;QX7-<QNTV
M>77*G#,RE/IJZS2<RB8*%SN+</&:5E;FI(^.:IHBT7B#,INWM+6U)D2)&DM?
M\&(XPXXP,?;!ZU:^O/$EU+C&H.,V..;;X^V"ON#NEL)%%#S:3PG7%ZC4\;G3
M&>9)[UU4YR!5L]+75(VQF%+5)R<EI:UKD0D2H6XD0PA+EO'L'E_#JW^XB[V6
ME'O+C3=[9*5XUV ,4$"RQB)VUDW)7XBPEA2#RLPPQ=&8 " P1N8%,:3C V.Y
M3PKNK3GGK31C#UH@N(0 B$'F"$$-Q O>U^8*]K7N'EMY+\V_DH*_^))D!Q8-
M,]R8ZGQCDF2I5^HNP72RF-H8J?&FWKV)9LF,LX'NDN:'8-VX .F/Z)&;R%"M
M<'/%RAL&[T8RD[+]4=5F8>&\O-I"36C"0 /SDVPDME6V28RBA(!I#$L[6+[A
M6A^[)YZ<%[@_YN;?R4$P^]ZSU'FOV?BK#](:#3O>L]1IK\E8?I#0.]ZSU&FO
MR5A^D- [WK/4::_)6'Z0T&O>]9ZCS7[/Q5A^D-!IWO6>HTU^2L/TAH'>]9ZC
M37Y*P_2&@U[WK/4>:_)6'Z0_9H-.]ZSU&FOR5A^D- [WK/4::_)6'Z0T'6YG
MF&/XZB$IR!/FI\AT&@\<>I?,I;(AQQM88Q%HXW*7=_?WIP/D5B436T-:,U0>
M:+R *+O?^B@_)F9(T3#3,BJ$+FFQ^3&!S4^<*EL32Q-/#BVJ[Z9*E#\HDY;<
M1'BF2UU8E8S DA36N9<5@^6@I/:U,MXT$WC^1YG!<C,7".@+XS27%&,5[0C9
M'OB+SV..=W)LRIE=F=79O=&_4&'/"!.HC$<4%6#/%H .B^PFTI(E,"])/*#D
MQ!*9- 9>F3)RBR$Z<A#'B2"""0!+*))*+D 2RBBB[6"$(;6M:UN2UN2@X]VR
M:V,!%U3^SNK E#;G"4OSG"V5.$/V+7$>YRU*5:U[^3[/V:"/$QXA&G./#AII
M]L9@>%JBP7-&DD^P.O[*M"780P7,NB793)5\RPRQ6Y>9R<MKV^S:@C0_\<[A
M21P*L2S=?!KJ-$/HE2>%3R,Y)6%F])T71V0XY=96L,'TGDY @%]B]_L6O>@Z
MT5QV- W<Y,1!C]HLK"7!"-";B?2C:_(2):$?)<JZ5RCF(UC:=8X-^4%['<@@
M^6WD\M!V(GBX1EZ*4F0;A_<5N>=!?D*ZEHM/X&0OY>=T?47#-#KB]K,"98/+
MRB/!8-KVYUP\MJ ;Q$]MWTI*?CC@V;WO)2JU[V%D:?:58?&GM<0 EW5I)!L\
MYN!-KV%>XK="(8;!_P"6_+0<&/;_ (NSX:N3QK@\16)EA+%=L=LL<1#"R0@X
M=[<A=E[3C#'>2UR6X1>4=@&&VYMO(*]_)0;2^2^.G(RDXT>NG#EQ(,9HNM$2
M?,NP^9S2$_.O8%RQ1/'&+TYY_-^ZYO2!#>_W/+;_ )J#S(_[EO=7BEXPP>S:
M594GN )(DVH937Z?0[6/6K-L2D,<Q=%9$UF($SME&:9MR0D7MD[E30H2G(2&
MA$H/1H#P&F6(-N6<%HG^U!V$A<SX>\E@ ,*RZ.;$8OR>X%;$2U4T.1TGS*JE
M):M=C3*$GE,V="WE^6]T6X4=+3W4'%-Q<?L DM.G,)+H/4-WO6>HTU^2L/TA
MH'>]9ZC37Y*P_2&@U[WK/4>:_9^*L/TAH-.]ZSU&FOR5A^D-! S:[B&E88E3
M)KG@K#4NV*WBR1'U#[C#7)F<&1H2LL= I"WF99S[.2'%V:\)84:%@KV,=7,%
ME;J>7=&U)EBH7, '6M3]/WC&.0G+:S:E5+-G-Z9BR',CSEX^.LS1CS"D/<1=
M94X2U2@*Z4+0XKQ.@.'<M2K$,V1RDT-UCPK.&,!! 6,][UGJ/-?L_%6'Z0T&
MG>]9ZC37Y*P_2&@=[UGJ--?DK#](:#7O>L]1YK\E8?I#]F@T[WK/4::_)6'Z
M0T#O>L]1IK\E8?I#0:][UGJ/-?DK#](?LT&G>]9ZC37Y*P_2&@=[UGJ--?DK
M#](:!WO6>HTU^2L/TAH->]ZSU'FOV?BK#](:#3O>L]1IK\E8?I#0.]ZSU&FO
MR5A^D-!KWO6>H\U^S\58?I#0:=[UGJ--?DK#](:!WO6>HTU^2L/TAH->]ZSU
M'FOR5A^D/V:#3O>L]1IK\E8?I#0.]ZSU&FOR5A^D- [WK/4::_)6'Z0T&O>]
M9ZCS7Y*P_2'[-!IWO6>HTU^2L/TAH'>]9ZC37Y*P_2&@U[WK/4>:_9^*L/TA
MH-.]ZSU&FOR5A^D- [WK/4::_)6'Z0T#O>L]1IK\E8?I#0:][UGJ/-?L_%6'
MZ0T%2?'.DBI?PO-BTID4E+< V2:U!NL<$[0!(3R;6X/%SCA)GE4=8-^;R?<@
M%Y;T%T% H% H% H% H% H*]+<-S$OO7(]RQYDVR.S&@"L:4I9NQ,T'!2L?N$
MZ0Y'78BM".=9FOBA5*FM,:-FN&Y0BB %<[H[<V@Z[#.%KA?'.6IMF" YPW/A
M[QDK-KEL#D**L.U.3$>/YKD)W<F]<XCD\4Z\-*\1Y0B:4K99M.&)*2SIBD10
M0$ ""P<^_P## U9DF6)#DQP3Y2+C\SR\R;"3W "#+4U0:SS[/4=7LSRU9=F.
M%4SD"+O,LM(HTUNJHL5@M;D[MJ=<M2*%8+G""PZ@B+Q OV#-V_W1=DOT-3.@
MY_2C]C34G]V3 OZ*XI02;H% H% H% H% H,#[#[0:]:F0!1E#9'+\&P[""3K
M)$[O,WHA >]N8^;T#%%64OIWZ8259<=@IVQJ2K'!0*]@E$CO?DH/"I_N7.._
ME6;X5MHUBC6C-6 <5[,0Q@G2S,V>FH[&.1LM8>0S%U2&)(;AI78<SA<#F;_$
MP@$MDMVMU<FXHXF[44F4V.,#!/ :;-M..#C*>Z(;+;UYVAVDVHV)\4M:[#N.
MFS$J%\R2C5OSTBQ?$7.:.6+G%Y68YA3="!6<&M^4/Y+H(",NQ99)-[ #V1H^
M$0QC:$;')^(?Q5I4V("R$Z1"EW*<L5($R)*G"E3-J1OP'"L2HDK4E(#8!2<
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M:CU3CD;2(X]!%!,N6.";&V)3ER,IR8T+<%"L>NLFKG(LX'9QUP]5- H% H%
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MKU)UMSS@'8?.C-C;+V?M3\^H\1PM?&IR\K9BH?(%*H6TEIE\9B[TS-O7I.K
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M^;8NR.DA>3AIVIG1G+UYY9)J@928@/.,&$@D(S3;VM_0&U[WH.8H% H% H%
MH% H% H.(?GUMC30L?'<X:=N0 +&I.+)-4# $T\I."]B20#-'RFG!MY+7Y.7
MEH.7H% H% H% H% H% H*A^.]_XL=D?\Q:T_]U^#:"WB@4"@4"@4"@4"@4%%
M:K.D>4\;^,RLG'>R0H4BTAF^IZK(%]3]F08Y(S@[;60"0H(Z/((\4!AW=X]@
M9%2[O'9;>-A2%=*)?8%PWN$0T;+E<[1HSA+&X$SR7LM;=8YE.DP\29"M@\.
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MQCK6K'N <Y92Q/*L@[-Y"+LCPRUPF/8PDD<'.LJG2Y&G U]K!<6IJ166JU1
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M#Y+V"9=S\AHDN'-"X-B#/.2<>%'[)K3'9WC,Q*Q[$I V0J2LL3(--=IRYR=
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M.&#JR@ [_=6&(-PQWE7APXHS ]8(ETHS)M>@R!KI$)5#<<Y'B^PLPC\V DG
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M89AL@>4S>_9)>HJU%O<B;8HA.%8QS5-#6>6:<$/_ "]*6'RC, $09>H% H%
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MY?)R4&/L2>$_AG!_ GP^\'>[K?X<>%'=WPW[I]%;LKN5W2_PSW>Z#_Z?J/\
M9N9_R>2@Z$'W5^X.<>3P!\+N],^]Y+G>'G<'OKU))XH^-W._P]WF[.Z#M[MW
M^U=!T?6_N.;08.U@_P!,WPFRS[G?N4>"/0+_ !T]W[P5\-^I]@+NO^+'<7_#
M_4.ZG6>=VQ^"[-Z3D_ <Z@Z]J#_I0=_G[W#/<#\3^YRCO+[J'@!WW[@]KLW6
M>VO";^^^Z7;O9_/Z;^Q]:ZOR_=]'03,9/"3Q/G_=SP\\9N[<!\4.Q>[GB7W1
MZ:7^%_?OJ7^)^[O6.WNPNO\ ]FY_7^J^7K%!A/'WN+];QOX5^ZEU[Q7S#X1=
MP/"/K/CCV?)_'SPZ[N_A/%;LGMGO;V;_ 'OU7KO7_P 'T]!V;-GNE=K%^\7[
MO7;?A%F+H_&;PZ[3\!NIQOQ^_P#[T_M7A)U#LCO=R_W/T?4^T/)T-!W!\\"/
M$+#O>3PG\5>S)QX!=M=T>_\ V+V$T>)/A)UW_$79/=OJ';?9'X#J?5NM?@^B
MH(2:[_Z.'C2E]U'_ $W_ 'A.KROJ/@![MGBYU7J"[OMU/P]_Q;U;LOK/:?,^
MXZ#I.F^XYU!*DKW1_ _&G0^[O[MW:F+?![H_#CP4[:[V,?@KX;\W_ _:??CL
MWNQV9^%[5ZMU'\/T5!(99U/J:OM#JW4.K']>ZYT74^I]$+K/6^G_  /5NAYW
M2<_[GF\O+Y*"M;5K_1Y\5 ^Y9_IR^-/=U\YGNS>[AXD]T^1-WCZ/PP_Q'W=Y
M.AZYS?[-R<SI/)R4$(3O].__ %(N&?[E_N[];\1]]>^/NF^"_=7OY[MG]_>+
M7AW_ &SMKJ73=3_^9UCG\_[CG4%B$+_TN?'&=>'WN*>\=XLLOB)W4\!_&'QR
MY[]V%WE[,_Q=XJ=8[4Z#IO[VZ?K?)^$Z:@['F+_3G\"I3X\^YS[MWC'(.^7B
M;X.>#OO =]WCO7V]WB_PCXP>(G:':/3?WSVOUGIOP_2T$<\D>&G^L9ICWYZ'
MKWN*;3^Z9U7NQW=[Y^(>#/'GJO0?XD[P>$O=_LCH_P"[.RNU^3\+R4%D64_"
M/NRA\:_#ON?WSQ_V;XG]W.[?B%WV8?"WJ7>G^[.^/B+V9V#S/[;VUU;JG]IZ
M*@Q7E_W..V,C>/?NV=O^ 3AXM^+7AEVM[KW>%?VEXB][_P"U^!/>KK?2]I_W
M#VATW+^&Z2@C#A?_ $<.Y.:_=\_TW_#KNNS>\3X2>[;W+[F=?6=W_&3NG_<G
M=KM/I^I]L_V7I^?T?W7.H)W3GP?[S8I\2O#COCWU7>"'?;NUWD\1>Y<I[2\+
M>W/[S[Y^'G;73]E?VWL;KO._LW3T&N7_  @\.I'X]^'/A-S6OO;XM=V_#WF]
MMMO8O>'O?_AWF]XNI]5ZS_\ QO0\S\)S*#@%7N[]OYQZ]X-=Y^Y\=]Y+K?<K
MMSN#V!).Z?C9T_\ ;NZ'=?M?L_MW^Q]0ZYT7X+IJ"-^3/],'O!K)XO\ N,]Y
M>[3/[GOB#X%=I]S.KL_=WW>^W_PW=/H>SNS^P/[%SNJ]!]WT-!\\^_Z8/@7A
M[WF/<@]W'JK3X >+W@EX1=1[#3]C>#G>?_"O4N['1=#V)^#[.Y.3\!09BQK[
MF_:\<\'_ ':NV_ =)W0\-_#'K_NR]Y5?4^['=C\+X&][^FYO4_[A[1Y?_G<E
M!D_#/@[X50+W??#GP2[M-WAAX0]V_"_N?T?]T=P^Y_\ A;NQT'_TO9_]DZ/D
1Z/[GDH,F4"@4"@4"@4"@_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>maadef14a009.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 maadef14a009.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    9   _^X #D%D
M;V)E &3      ?_; (0  0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0(" @(" @(" @(" P,# P,# P,# P$! 0$! 0$" 0$"
M @(! @(# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,# P,#
M P,# P,# P,#_\  $0@!F 'T P$1  (1 0,1 ?_$ (0  0 !! (# 0
M       )!@<("@$+ @0% P$!                     !    8#  $# @8!
M @,%! L! 0(#! 4&  <("1$2$R$4(B,5%A<*,4$D43(983,E)AB!0D,VD:&Q
M8F,T)W>W.'@I$0$                     _]H # ,!  (1 Q$ /P#?XP&
MP& P& P& P& P& P& P& P& P& P& P& P& P& P& P& P& P& P& P& P&
MP& P& P& P& P& P& P& P& P& P& P& P& P& P& P& P& P& P& P& P&
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MG5P6!R^;%JFW:29Z:GW")%C(,/EFH8S];X"*_*D;WC[DS?Z!?3 8# 8# 8#
M8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8#
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MZ#F%MQ=!V:>7 OW\Z:\VA)8M7?R*A?<O^A-HLB__ ,4#C]<"4_ 8# 8# 8#
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ML)/UV<8-Y.$FX>39J+-)&*E8UTDNW72.=-9%0IRB)1 <#[F P& P& P& P&
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M5&&=2[M-)!)S*.8^(34<'(FF0RIC"4A2^A0"[^ P& P& P& P& P& P& P&
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M5!6ZE7.LR1/C=Q\BS07(4Y%"@9)1-0X7YP& P& P& P& P& P& P& P& P&
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M:'__ (IJ6!?P2E-]#% P?]H /_VX'O1\G)Q*I5XF2D(M<H^XJT:^=,%2F#_
M@HU52-ZAZ?\ ' O/6NDMRU@Q"HW!Q--BB7U9V5!&:3,4O_N?=+@23( A]/PK
MA@9,4WMM@L9)M?JDNP$?0IY:LK"^; /^!.I%/C).TB /U'XUES>G^ ' R]IN
MR*/L!M]S4;+&S/M(!UFB*WQ234/IZ_=QCDJ+]MZ"/IZG3 HC_@1P*WP& P&
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M&67()$T%I%&[/S*D65.94S&*,D3Z)@ ALFX# 8# 8# 8# 8# U[^][0RZ?\
M,IXQ>!4ZO1[M3]$Q-]\CN]"V./=3#^HN-=_/2>>)*(%A*1X14L78RJX'([!=
MNL@]2,=!4@ 4P;"& P& P& P& P& P& P& P,(/(IW?J+QN\D[2ZMW&N*\32
M8T&%/J+9PDWF=D[)FDUT*3KV!%3W>CZ?DTO5=8"G*QCD7+Q0HI-U,#I>^O\
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M["I&/CF4]/<NU,( 'J( &Q;@,!@,!@,!@,!@,!@,!@,#J?/[0WE7<=\=KO\
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MJ/7]#=I1%HEWC)27KE8CF$ZK'/9V):O'+%U.).%4#+?&?XCE 2D /: 5)/\
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M'3R&,8YC'.8QSG,)C&,(F,8QA]3&,8?43&,(^HB/^<#QP& P& P&!R "(@
M(B(^@ 'U$1'_   !_J(X&U_XF?ZJ'5?;\=6]U]:24YR%S?,)-96&C9&$(KT!
MLR%<IE7;O*S39E,C.@0,BB8!1E9],RZA#$5;QCINH5; [ ;AOP^>/#QX1483
MFOG"EQ=X8-TTG6Y[LS0OVZ99<"^U=VOL.QHNI2%*\,'N49PX1D:!O^1L0/I@
M298# 8# HBXZWHU^;&;6VM1DN/L$J3Q5 $I)M]/0#-9-N*3]L)?_ +B@!_Q
M0P,#]J<>S4&FYF=:.W%CCDP,JI6WYDPGFZ8 )A".=E!)O+E* ?1,Q4E_] %0
MV!A4LBLW66;N$E6[ANJ=%=NNF=%=!9,PE41615*51)5,P>ABF ! ?\X'YX#
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MQM+C]^%;!]_NJO<+?57'UNVZ[N;XE8Z/62,*/J1=P4C<B:8AP4H[&]/+%Y9
M#6>F-9>LSQOQO,C]^%>![ZN:O<[E5G'I^]MU7<X)J1L:JD84O4B[@I&Y$TS
M*4=E^GE@\L90UCI'6'NF^-^.)HWWP0(/?]S5KM=:LO\ _.^Z+N;XE(R-52-\
M8F(NN0C<B:9PY(#;: ?]5WRS()ZPTOK !G.+>0)U8KP]>;O!!U"72ZU%<HGO
MNX[^K]HI&QBA!^$2IK."%;%2(</#X_Y8#_JM^6(H:LT%JT#3G'7',Z;[X(<K
MT!7K%[O=66'UO&Y+P84SQ<4JD82B8BRQ"-2$(H&ZGXZ^B[3UCQ=H3?MVUM/Z
MAM-_J2[N4UW:C'-8X!*-FY6&A5Y<%$D5".;)78]G+ 4Q"B5-^4/3 S5P& P&
M P& P& P& P&!!7W_N*^Z;\OWA4C*K,UJ/J'0<AV7IS:<6O3Z>]M5BAXW558
MM]/0:W9[".+M"PL3;B)N#LV+]NS<.!**R:F!.I@,!@,!@,!@," KMN"K=Q\\
M'A?8S5L=)2FN]8=Y["KE&3JR\@SDG<AJB-KCJ?>VA.221@31Y4TOA(HU5!8Z
M?L Q3' 0"?7 8%BM:]!4K:6V>BM-UYE86]IYEM= I]_=2K)DWAI"3V-J^K[:
M@U:RZ;R+MT_9H5NV-DW)ET6IB.RJ$*4Y *H8+MGLM<3G4JNI/PI+,NS-((5T
M\JQ+.K,">X#ODH@5PD%&9!*/JJ"8D#T'ZX!:R5UN^8QCB?A4)*3=NV$;'K2K
M%)](/H](J[]DQ:'7*X=NV2)RG633*8Z91 3  #@>O,V^IUUTT8V"T5V">OT7
M#ABSF9N-C'3UNT]OW2[1N]<H*N$6WO#Y#$ 2D]0]1#UP*<VE>Y37NN;)?:WK
MB\[EDH*.0D(W7.KAJ*MXN KNVK<&=8&\6NDU!1T1!R+@1>2S-(44C^TXG]I#
M!@QS!Y(%.H]CVFA0/%O7^N(K7>QKIJ3:FS=GL>=H_7VL=C42LLK1.5BT+U3H
M>WVEVX%K+L$47$5%R+,Z[Y+U6*F551()#XRT5F:B2S\-8H*6@C'.F6:C)>/?
MQ)E$UOME$RR35PJS$Y''Y8A[_4#_ (1^OTP/#]VU7[5X^_<U?^RCCRR<@\_6
M8W[5BI F DX1XX^Y^)L>&.8 =@<2BW$?13VX'ZI6:MKNHEBC8(19]/,592#9
MI2S!1U-1B)$U5I&);D<"M(L4DU2&,LB!TRE, B/H(8'V\!@:Y/\ :KW^OHSP
MV[SAHUZ#*;Z N>L=#1J@'$JQV5ALA;E;4$RE4(8Q'M(HLDV4_P E]BX@(?7
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M5%?:-WW'=S DI%1*B0^SW$66(1JFF0X<E+_+_M\KOE?*&I^>-3B,_P =<<V
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MZU(6QI1+&PI4Q8V6I=:6&;9-&KR=4=M_5DT;F$K9FL=0A PGY?\ )/Y']O\
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M;>;3EWERG[MGI^(O.\&//F_^9M<[LMNNY:VV^%E6MQ-"35_DFL/(SC62=MD
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MJ6*,S3H1].08SD="EL,,R6>1@NT2^X0MYK7RX\O;4M&JXFN5CH)E1]Q[8GM
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M]VAF5BJ-RJ<LRG:Y8X.12!9E)Q$M'K+LWK1<@_0Q##Z& 2CZ& 0 *PP& P&
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M!. N1)AB;XW[G5EB>(QL3MBNJ 'SMU&)$9%1D(.C,BM3$74"8W 8# 8# 8#
M8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8& _=ODSXV\<E(;VSI[;$? 3LVF):'
MJ2L(_NS=&SI RGV[6-H6N8Q49F3^Z>B5O]\X!K%-UCE*X=H^X!P(LJ9%^1WS
M/(W!ATQJ2P>.OQ;[&HTC7VVGG-CD8'O7>J;]S'2U?ME@GXE,J.D*N#F*3(\A
M'+<3R$8Z=,G"$@@Y1?-@F\Y@Y,YQXQU5"Z5YAU#3M.ZY@T4RIPM4C2HNI9V0
MHE4FK3/.3.9^W6)T)A%>1DW+MZL(_B4$/0 #(G 8# 8# 8# 8# 8# 8# 8#
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M:W+6:E5^0?2]:TX2T*QAG;IG6TVA .X.E\AT0(0H27X# 8# 8# 8# 8# 8#
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M_7[0EMJ$UN2VDUS5MHOIVKLUW]ABXIG,2GL4(\<+IN'!%0SVP& P& P& P&
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AXD+Z!>? 8# 8# 8# 8# 8# 8# 8# 8# 8# 8# 8# __9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>maadef14a010.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 maadef14a010.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    /   _^X #D%D
M;V)E &3      ?_; (0 !@0$! 4$!@4%!@D&!08)"P@&!@@+# H*"PH*#! ,
M# P,# P0# X/$ \.#!,3%!03$QP;&QL<'Q\?'Q\?'Q\?'P$'!P<-# T8$! 8
M&A41%1H?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?
M'Q\?'Q\?'Q\?_\  $0@!=0** P$1  (1 0,1 ?_$ +D  0 " @,! 0
M       $!@,% @<( 0D! 0$! 0$                " 0,$$  ! P," P0#
M"PD$" 0$!P ! @,$ !$%$@8A,2)!$Q0',A4646%Q0M(CE%65U5:!<C-S)+0E
M-@B1H5(FL<'18I)#-$2"HE,UX<*3U/%CH[/#5$41 0 " 0$%!@0% P4!
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M5EJ//="E_.-,)4AI&F^E.E*R.D"LF+B8G9EM]FQ-3$_QV>Z- V+M7'JPJH<
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M2)8/46E.=0U6!'4KA84$S^*JR<J\UIK<O<WW'N"Z51=NPRG4(<35T]XI/O\
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M945\+)^;M:@R[3QN(W1Y\Y;(P\=&BX/831@P%1V6VDN9&2+/N*4V!J[M*2D
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MN)QI6I6R=E76EV:\DZ_6&2))*4W.OKY<S=7"@RE<KQ&5>.82S/;&G>&]A;1
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MR4 /6@5E"0D$[[WB!8I  /JO&$7(TGIZ/1_.-!\!(]5]SB@%65[ [-4"A)2
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M^0S.+QSL-J=)1'<R+XBP4K-BZ^I*EAM'NJ*4$_DH--G?,C8V R!Q^9S#$*:
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M6-0=4IQ3JEK6LJM;L2/AH+O0*!0:K=GC?9K)^ 8;DS?#N>&8?-FE.:>C6?\
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M9:@V_P!TJUE%E>EQ(X]HH-DAQ#B0I"@M)Y*2;C^Z@^T'%QUMM.IQ:4)O:ZB
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MH-QLC=>[\[*C37FFO5;\F;&DMDLH+(C.+;:* '%/*<);ZTJ2.=^%J"7Y@8R
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M;Z>0&V#&/ 0,8DWL=-D@IY<S=5!K$H:0C"MG%+"6;*V+L:ZDN$H4?XADR;V
M/7U>C[ZC0?5+L,LM>6!U$)WKO/AI5IZ3B,:GFDB^FZ>7OJ-!];0I"\,VWART
M\R=6R-DJNE3!2;*R63(O8"^H:N7OJ-!Q[R.EK++3F3X=92G>V]R;=XM)*?5F
M-%N'I:>CT;]JJ#GH?[[$-G%A,IFRMF;'  \"$W2,EDE)/)/I<>5^U5!QU,IB
MYA?K7N\8M8]N-Z]25RGDG08&- !(2F^BZ>7(750<AWYE8E!PP7/80D[0V6"G
M1CF0- R>14.WMX\N0NJYH,7['X/+..Y-7JAU8&]-WH!2YDWQT)@8T(U62D_-
MG1\ XW-!)4<AX[%AS&-IS;30]D=GA0[C%QK%'K+($#3K1_=Z*>JYH(B1CC R
M:_&K.%D.?YLW=I^>S3_H>!QR4W(3JNWT? GM-!*'CADL6GP"#N5EE)VEM.ZA
M&P\/24";D"!;O GY*>-S01@8!QT\C*+&WWW;;EW3P,G.RB-)@P+=26TD%OH_
M-3VF@E(3D_6F-2QCVD[F:8MMC;BN$7!0E H,J>4\"X4\AS^*GM-!$)QAQ<Y/
MCG5[;D2+;BSX)\5G\@1I,""/2#.H:.CA;I3VF@F!.65EH($9GVG:9/L_@0!X
M/;L-2=/B9I3P4YHL/AX)[300_P"%JPDP>+=3LUY^^;S=U>.W!D%\#'B!(U!E
M2TZ>GF.E/"YH)A.57F8RS"95NMIDC$8GI,';,):0 _*(Z5.J2+^Z;63PXT&P
MV?L61O)F1C,:IY6T'WB[N#/+*FWLY,^.IMQ/H14J%NGGZ*>%S0=Z[>V-B,/*
M;G! =G,L>%C+XAMA@6^;8;OI1>PU'F;>YPH+'0*!01E8S'JFKG*C-F8MGPRY
M!2-99U%7=E7/3J-[4&O.S=J&1!D>J8O?XQ ;@.!M(+*$^BA%N24]@[*#E/VA
MM;(-AJ=BHTA"7URPEQM)L^YZ;G+TE_&]V@YN;6VXX817C8Y..0IJ#\VD=RVM
M.A2$6Y)*>%N5!]&V-NAS&.#&Q^\PR2C$J[M-XR2CNR&>'0-'3P[*#['VU@(V
M7?S,?'L-922+/S$( <7>U[D=IL+F@F28,.4IA4AE#JHS@>CE8!*' " M-^1L
MH\:"![*[;]=>O/5L?UO_ /W>[3WM[:;W]VW"_.@R)VW@$LLLIQ\<-1I)G1T!
MM-D2BI2B\GAP65+4=7/C0;&@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@
M4"@4"@4%;V__ #;NK]=#_=$4%DH% H% H% H% H% H% H% H% H% H(N3Q.+
MRD81LE$9F1PM+@:?0EQ(6@W2H!0/4D\0:#JG<_DSE0[-5MV>I"L\^M6=RCZR
MK(-1!Q1&@* "4)^*+\N?$T'7$N)-A9''QW\+W<Q@J:V=LE=M">[-CELBH72D
MIY\;V]]1H(S@;2QF$KRRE,!1.^-[I24N+*2"G&XW25<!Z'1Z/YQH,BE2_%8I
M1Q#:9@;(V7LD* 90T+7R61-BE*TI-['ER%U&@Q%,<1,JD9-9@I6H[SWSI >E
MK2>.-Q]B5:?B='!/(74:#(5."?BE>JT^LPU;9.R>*8\:.D\)^1M=*'-))ZN7
M(75QH,-HW@,H/7"V\2ETG=V]/^XFR ;'&0/C]VF^D:+V]%/&]!*O-3/QBT8E
MI&:[I0V;LXC3%QT<&RI^04CI2YIXB_$>B.-S00D^K!B\BE&5?7@0]?=>[U:O
M%Y&4%6]700.KNCZ/1P[!VF@G'UD,ICE''L^T!:/LKL^R?!X>.#;Q\THZ0X$_
MZ=*>-S00U> &'R*#D74[92__ )JW9UB=E)H78PH21U=SJLBZ>%NE/::"7?(^
MMH9]5LKW*6?\O;7Z#"PD,&WCY1'0'5#CRO\ %3VF@AK3B1AYJ'9[QVLF0/:;
M<R0H3LY.UZ1$B:#J+-^BZ>%NE/"YH)H.3.8B:8+*=RF,!@=NDCP6#QW+Q\F_
M1W]NP<?BCM-!#TX?U-(!D/\ LDEZ^=S^F\_<<S7;PT<)/>%DKZ;I-B.E/"YH
M-C$BYV7N&,B/ ;?WJN.E.&V^BYQV"@<4B0\1\WW^G\I/2.%!V7A_(B(C%L8_
M)Y%]V,X[XC.%) D91PDG3+?'5W79W:3RX7M0=I0X4.%%:B0V$1HK"0VRPTD(
M0A"18)2E-@ *#-0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0*!0
M*!0*!0*!0*!0*!0*!05O;_\ -NZOUT/]T1062@4"@4"@4"@4"@4"@4"@4"@4
M"@4"@4"@A9;"XO+0I$.?'2\Q):4P[S2ONUBR@%ILM//L-!UYGO)2 E,21M[N
MVSA&"-O823<8]F601XAS0"M:OSKVY\S04/*^6^Z\2B1&?\26)C(F;SW4T2Y)
ME!(/[%!;0"MM!XCI TIY<305]0E"3CM6-",@D6V3LHI2E&-1ITC(Y)(Y$>EU
M7M>PZJ#$.X$')7R)3A]85OG=H*@]D9%K>"QM@3HOT='+D.-Z#,52O&8]1Q27
M,N$ ;-VB-/<XJ/HTC(9&W!*SS.J]O13U7-!'4F#X/(!W(+<PA7?>FZ$W#^8D
MVLB%CBB_0%=!#?YHXW-!*6K*>L(*G,>T-Q%JVT=L CPN(AZ-/CYX TAP#W?S
M4\;F@BE.-\!.0)3JMOEPG=NYB!XG/22+>#@:3J*"JZ?F^'Q4]IH)%\AZR@E,
M)M6Z^Y_REMTW\'A8)3I3)G@=*7=/N\;]*?=H(Y]5^K9:1D74[7+JCN3<!(,S
M<$TBQAPB.LM:KHZ/S4]IH);3>9=RL01,>VK=A9*=KX+3>)@8!3I[Z:&Q;OE)
MY"Q-^D=M!8,%Y7;@S+S^&2S)B;>4Z7MSYB7J9E9F98:FV[C6F)<<;6!'2GAQ
MH.P-N>3T5G,HS6X7T3WX(4U@<<PCNH>.8/39I(L5N*38*6?@%J"_P,9C\>VI
MN%';CH6HK<#:0G4H\U*/-1]\T$F@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"
M@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@K>W_YMW5^NA_NB*"R4"@4"@4"@
M4"@4"@4"@4"@4"@4"@4"@4"@4"@@SL%AIX?$R$R\9+98D+4A.M;9%M!6.JW'
MW:"O/^5&Q77<4L8X--X06Q<9M:TQV5=CB6;]V5CL41<4%?D>1.-5"D,1<Y/8
MDY)_O<UDU=VN9+9%QX93VE);;"3I 0!84'!?D@TC((FQL@TE&,:#6V,:J-^Q
MX]5K*>[I#B>]</\ B)%NR@B)\@E)@&"G<#Y.0=#VY<DIN\W(!(MW'>Z[-,F^
MG2D<$\!VT$UGR19&3$YW)I+6/;[O;6.1%2F)CK)L'4-:[.._[QY=E!SC^1&#
M1A7L8]E9SCF1=#^>R"%);DSR/20XX 2ALCIT(M9/ 4%D9\L-D-RX$DXQMQ6*
M0$8QI9)9C6%M335^[2JWQK7H-]!Q&*@./N08;,9R4H+DK:0E"G% 6!60+J('
MNT$N@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4"@4
M"@4"@4"@4"@4"@4%;V__ #;NK]=#_=$4%DH% H% H% H% H% H% H% H% H%
M H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H%
M H% H% H% H% H% H% H% H% H% H% H% H*WM_^;=U?KH?[HB@LE H% H%
MH% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H% H%
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;Z!XS?7U1B_M.1]WT#QF^?JC%_:<C_P"PH/_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>maadef14a011.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 maadef14a011.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    /   _^X #D%D
M;V)E &3      ?_; (0 !@0$! 4$!@4%!@D&!08)"P@&!@@+# H*"PH*#! ,
M# P,# P0# X/$ \.#!,3%!03$QP;&QL<'Q\?'Q\?'Q\?'P$'!P<-# T8$! 8
M&A41%1H?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?
M'Q\?'Q\?'Q\?_\  $0@ )0!D P$1  (1 0,1 ?_$ ',   (#  ,!
M       %! 8' 0,( @$!                     !   0,$  0% P$&!P
M     @$#!  1!08A$A,',4$B%!51@3(687&A0E((8G)#4W,T)1$!
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J]3\?5^%_#C01M1^ _3&+_3O)\%[5KXSIWY?;\J=.U^/A]:!O0% 4'__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>maadef14a012.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 maadef14a012.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    /   _^X #D%D
M;V)E &3      ?_; (0 !@0$! 4$!@4%!@D&!08)"P@&!@@+# H*"PH*#! ,
M# P,# P0# X/$ \.#!,3%!03$QP;&QL<'Q\?'Q\?'Q\?'P$'!P<-# T8$! 8
M&A41%1H?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?
M'Q\?'Q\?'Q\?_\  $0@ 1@#( P$1  (1 0,1 ?_$ (X   ,  P$! 0$
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MFRVDI2$LNHL5*4H@!(*!0+*+RRC"XAW.<0-0L8C&QT[SS,4>*YY$!:K)WCT
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2"@* H"@* H"@* H"@* H/__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>proxycard001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 proxycard001.jpg
M_]C_X  02D9)1@ ! @  9 !D  #_[  11'5C:WD  0 $    /   _^X #D%D
M;V)E &3      ?_; (0 !@0$! 4$!@4%!@D&!08)"P@&!@@+# H*"PH*#! ,
M# P,# P0# X/$ \.#!,3%!03$QP;&QL<'Q\?'Q\?'Q\?'P$'!P<-# T8$! 8
M&A41%1H?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?
M'Q\?'Q\?'Q\?_\  $0@ 50#Z P$1  (1 0,1 ?_$ (L   (" P$! 0
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M/F-H'.I1V" I+A[U&OV>:G9/>+HLH:[@TBBH4J):8:#VQ*0?2/*H\Y@&)@"
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M^* YK5WXS4_:W/I3 //J1I;:=0<)8H*@)9NE.PERU5\NLTZ4#89<J%RDH=,
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M#M.R%U2N]L]:H<Z[I\_UC 26LRK"*ND>I*B]6YRGJ$*:>0:IF2D+!2H>=X#
M(+E]H&,YC<;?052'F[=5E5!6,+#B2@*[1E:5))!D)0#V:59FWF6!VF^A0-0\
MT&ZU(]&H:ZCH^4)P$MY(!"M>,X5E^I%RJVE]I;[>HT-N Y.S9,E*'MN3, T>
MBZ<.PW3RU6ER]6Y%<XWWJX'O3,S4/=90/6]$23T0$V<R_#'&U-N7RW*0L%*T
MFJ8D01(CSH!"]2<?H\=SN[6VV5#;]O:?+UNJ&'$N)[%P[[<EI*A-$Y<O- .I
MHIG S+3NV7-U85<&4=TN(V3[=D!*C+](25TP$\@-5<,6QJXU)J;C::.LJ2 D
MO/T[3J]T<@WEI)D(#097:M-\8QVOOMRL5M11V]E3SGU1B:B!U4)ZG*I6P0"!
MY%?JF^W>LN+R$,-U3ZWVZ)H!##(4>JEML=5,DR$!KPJ V>.W9RTW^V71LR70
MU3+X(\"%@G^" OSC&R--7<\8M3*]YI%*Y<%)'A?(0@_)28!<2J Q2M2'$N()
M2X@S0M)DH'P@C; -+PK7[%,DM55B]\M=#57JVS?I:E^G:6Z_3+5UMY:DDJ4V
MHR\A@+__ -AX1^[UM_NC'\R W+333+2&FD);:;2$MMI "4I D  .0" R=^:7
M[)^* YK5WXS4_:W/I3 =(K9^&TG]BW_($!Z8#PT%EM-N>JGJ"C9I7:YSMJQQ
MI"4*=<E+?60.L?+ >Z 7OC*_*-@_U!?T)@(CP:?FS(OL#7TT!;_$=G"L6TVJ
MT4SO9W*\'N%&09* <$W5B7JMS^& 3;%L)RO*GWZ;'+8[<GJ5 6^AHH&XE1D"
M2M21M,!(?^O^KO[I5/RJ?]I '_7_ %=_=*I^53_M(#69%I9J%C%L^\K[8G[?
M;PM+1J%EI20M?F@[BU'; 6YPB9R:*_U^'U3OU>Y(-70)4=@?:'O$CVT;>B N
M_7?.#B&G%RK67-RX5B>XV\@[0Z^"-X>PF:H!(\8Q#)\IKG*''[>[<ZQILO.M
MME((1, J)64CE/A@))_U_P!7?W2J?E4_[2 /^O\ J[^Z53\JG_:0&OOVDNHV
M.6IVZ7FP5%!;6"D.U"RT4I*SNIF$+4=I/@@+)X3<Y-HS.HQFI<E17U&]3I)Z
MJ:ID$B7MHF.@0#A0! *UQDY)DO\ AU@;HZAC&]E155Y2>PJ*C^C:WQL]WRR/
M/ *_. R!@ GJGP2Y8"7:E9!=KW=[;47-AVF>8M%!3M-O)W2IMMG8Z!ZKGG P
M$1)@/PF D.GE]R*QYK:;ECC3M1=V7T]C2,I*EOH49.,[HG,+3L,!T:H*E=50
ML5+C*Z9QYM#BZ=W8MLJ2"4*ESIY# >F Q<!*% <I! @$BJ^'#5YRYOO)LZ2V
MNH6XD]NUYI<*@>7P0#KT+:VJ&G:6)+;:0E0\82 8#T0! $!3G$M@&49ICEHH
M\=I!5U%+6*>>25I1)!;*9S41SP$=X:=*\XPO(;S5Y%0BD8JZ1MIA0<0N:TN;
MQ$DD\T!X.(;3G57.LN9-IMG:V&V,ANC4IYM.^ZYUG7-TF?@3T0$^X=],:[!L
M0?%W82S?;F^7:Q*5!>ZVCJM(WALV"9Z8"UH @(_GN*4N68A=;!4 $5S"D-*/
MHN@;S2_U5@& 4G'=!];L?O\ 07FAM*15VY]#[2@^U)6XK:.7D4F8@+*XA<%U
M4SV[6IFT6J=FH*<.%*GFTSJG@"YL)_HQU?A@)3PWZ4W/![%<*F^TZ6+[<GI+
M0%!913M;&T[R=G6)*H"XX @-3E6/T>18[<;'6)"J:X,+86#S%0ZJOU52, G5
M!P]:UV>[T]?;[<GO5O?2]2U"7VQ-32YI5M/I2@&S^^LN_P F5^$]X\]'XC_X
MW+R?I<D!*(#S5]NH+C2KI*^F:JZ5P2<8?0EQ"@?"E0(@%UU3X2+?7=M=,$=%
M#5F:UV9X_5W%$\C*R1V7D,QY(!7L@QR^X[<G+9?*%ZWUS1(+3R2G>EZ2%'8M
M/C3L@)IH3ILYGN>TM$^V39K?*KNR^;LT'JM3\+BMGDG ,#Q5:5M7C$VLHM%,
M!<K C<J&FD@%RAY")#^J\X>*< G,YREMGL '//P0%Q:7<,^9YAV5PNJ56&Q*
MZW;/H^L.@':&V5%*D@CD4K9Y8!M<"TLPK!Z)--8K<AMZ7O:]T)<JG#^FZ1O=
M V0$N@" ( @" ( @" ( @" ( @" ( @" ( @" ( @" ( @" @>K/_$_W&K_D
M+N/==U7=^\[O>9_^O+WLY^KTP$:X;1I9_MBX?[#-21WM7WA]XAL5LY#L][<)
M]WN^9T\\!;-=W3N;_?=SN?9K[SVDMSL]T[^_/9N[O+ +EI .&#_<U=]U$&[]
MZ7W+[\#81+>,NY3);W/5WNOR0#*"4A+DYI0'[ $ 0! $ 0! $ 0! $ 0! $
/0! $ 0! $ 0! $ 0'__9

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
