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&lt;div&gt;&lt;font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt"&gt;13.&amp;nbsp;&amp;nbsp;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;
&lt;td&gt;

&lt;div style="text-indent: 0pt; margin-left: 0pt; margin-right: 0pt;" align="justify"&gt;&lt;font style="display: inline; font-family: Times New Roman; font-size: 10pt; font-weight: bold;" class="_mt"&gt;&lt;font style="display: inline; text-decoration: underline;" class="_mt"&gt;EMPLOYEE BENEFIT 401(k) PLANS&lt;/font&gt;&lt;/font&gt;&lt;/div&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&lt;/div&gt;

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&lt;div style="text-indent: 0pt; display: block; margin-left: 0pt; margin-right: 0pt;" align="justify"&gt;&lt;font style="display: inline; font-family: Times New Roman; font-size: 10pt;" class="_mt"&gt;Employees of the Corporation, who meet certain minimum age and service requirements, are eligible to participate in the Mack-Cali Realty Corporation 401(k) Savings/Retirement Plan (the "401(k) Plan").&amp;nbsp;&amp;nbsp;Eligible employees may elect to defer from one percent up to 60 percent of their annual compensation on a pre-tax basis to the 401(k) Plan, subject to certain limitations imposed by federal law.&amp;nbsp;&amp;nbsp;The amounts contributed by employees are immediately vested and non-forfeitable.&amp;nbsp;&amp;nbsp;The Corporation may make discretionary matching or profit sharing contributions to the 401(k) Plan on behalf of eligible participants in any plan year.&amp;nbsp;&amp;nbsp;Participants are always 100 percent vested in their pre-tax contributions and will begin vesting in any matching or profit sharing contributions made on their behalf after two years of service with the Corporation at a rate of 20 percent per year, becoming 100 percent vested after a total of six years of service with the Corporation.&amp;nbsp;&amp;nbsp;All contributions are allocated as a percentage of compensation of the eligible participants for the Plan year.&amp;nbsp;&amp;nbsp;The assets of the 401(k) Plan are held in trust and a separate account is established for each participant.&amp;nbsp;&amp;nbsp;A participant may receive a distribution of &lt;a name="page_do17402_1_36"&gt; &lt;/a&gt;his or her vested account balance in the 401(k) Plan in a single sum or in installment payments upon his or her termination of service with the Corporation.&amp;nbsp;&amp;nbsp;Total expense recognized by the Company for the 401(k) Plan for each of the three years ended December 31, 2010, 2009 and 2008 was $0, $0 and $471,000, respectively. The Company did not make contributions to the 401(k) Plan in 2010 and 2009.&lt;/font&gt;&lt;/div&gt;&lt;/div&gt; &lt;/div&gt;</NonNumbericText><NonNumericTextHeader>13.&amp;nbsp;&amp;nbsp;


EMPLOYEE BENEFIT 401(k) PLANS



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