This excerpt taken from the EQR 10-Q filed May 8, 2008.
7.2 Termination of Service
Upon termination of a Participants service as a member of EQRs Board of Trustees, or termination of a Participants employment with all Employers and Extended Companies, as the case may be, for any reason other than death, the vested portion of the Participants Account shall be paid to the Participant according to the Participants distribution election, unless the Plan Administrator elects, in its sole discretion, to pay out a Participants Account balance in a single lump sum as soon as practicable following the date of termination. An Employer shall have the right to offset against any payments made to a Participant under this Section 7.2 an amount as is
necessary to reimburse the Employer for liabilities or obligations of the Participant to the Employer, including for amounts misappropriated by the Participant.