EXHIBIT 10(f)


For 1996, the Company has instituted an Incentive Compensation Plan which will
align your and other Senior Management compensation with Shareholder interests
through fixed salaries plus cash bonuses and option grants tied to pre-set
objective performance goals.  The Plan will be reviewed year to year for
fairness and objectivity by the Compensation Committee of the Board of
Trustees.

Details of the Incentive Compensation Plan are as follows:

         1.      Your base salary will be fixed at the 1996 level, subject only
                 to merit, cost of living increases and promotions and/or
                 material changes in responsibility.

         2.      Cash bonuses will be paid only if WRIT's FFO per share grows
                 by at least 5% in the year in question.  When this minimum
                 threshold is achieved, a bonus pool will be created as
                 follows:

                 A.       If the growth in FFO per share is less than 7%, then
                          8% of the growth in FFO per share will go into the
                          bonus pool, but in no event will this bonus pool
                          exceed an amount which would cause the FFO per share
                          growth, net of the bonus pool, to be less than 5%.

                 B.       If the growth in FFO per share is greater than 7%,
                          then 8% of the first 7% of the growth in FFO per 
                          share, plus 15% of the growth in FFO per share in 
                          excess of 7% will go into the bonus pool.

                 C.       Senior Management and selected middle management will
                          share the bonus pool pro-rata based on their
                          salaries.

         3.      Senior Management and selected middle management will receive
                 option grants equal to the total of their salary and cash
                 bonus divided by the exercise price i.e., the average of the
                 high and low WRIT stock price on the date of the grant.  The
                 first $100,000 of this total salary and cash bonus will result
                 in Qualified Option Grants with the balance being Non
                 Qualified Option Grants.  All Options will be subject to
                 the terms of the Writ Qualified and Non Qualified Stock Option
                 Plans which are currently being revised and will be provided
                 to you shortly.

         4.      Plan Participants must remain in WRIT'S employ through the end
                 of the calendar year to receive their bonus and stock options.

         5.      Additional subjective bonuses may, at the discretion of the
                 President/CEO, be granted to non-Plan participants for
                 extraordinary performance and these bonuses, if any, will
                 reduce the bonus pool to be shared by Plan participants.

Should you have any questions regarding the Plan, please direct them to me.