Item 1.01. Entry into a Material Definitive Agreement.
On June 12, 2009, National Retail Properties, Inc. (the "Company") entered into an indemnification agreement (the "Indemnification Agreement") with each of the following directors and executive officers: Craig Macnab, Ted B. Lanier, Don DeFosset, Dennis E. Gershenson, Kevin B. Habicht, Richard B. Jennings, Robert C. Legler, Robert Martinez, Julian E. Whitehurst, Paul E. Bayer, and Christopher P. Tessitore (collectively, the "Indemnitees" and each an "Indemnitee"). The Indemnification Agreement provides that the Company shall, to the maximum extent permitted by law, indemnify each Indemnitee and advance expenses and costs in connection with any claims, suits or proceedings arising as a result of the Indemnitee's service as a director or executive officer of the Company. Each Indemnification Agreement affirms the rights to indemnification and expense advancement already provided to such directors and executive officers under the Company's articles of incorporation and bylaws.
The description of the Indemnification Agreement set forth in this Item 1.01 is not complete and is qualified in its entirety by reference to the full text of the form of Indemnification Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference. Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
10.1 Form of Indemnification Agreement.

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