AMENDED AND RESTATED EMPLOYMENT AGREEMENT
The Amended and Restated Employment Agreement (the "Agreement") made this 7th day of August 1998, by
and between Camden Property Trust, a Texas real estate investment trust, (the "Company") and MR.
RICHARD J. CAMPO (the "Executive").
WHEREAS the Company is engaged in the business of multifamily management and development and
WHEREAS the Executive is experienced and knowledgeable in the field; and
WHEREAS Mr. Campo shall work as Chairman & Chief Executive Officer; and
WHEREAS this Agreement shall supersede and replace all prior employment agreements between the Company
and the Executive, including, but not limited to the Employment Agreement dated July, 22, 1996 (the "Prior
NOW THEREFORE, in consideration of the mutual covenants and conditions contained herein, the parties agree
1. EMPLOYMENT The Company employs Mr. Campo as Chairman and Chief Executive Officer (the
"Officer") to perform the duties normally associated with that office under the control and at the direction of the
Board of Trust Managers (the "Board") and other such duties as may, from time to time, be assigned and are
consistent with the position.
2. EMPLOYMENT TERM
(a) EMPLOYMENT TERM The term of employment shall begin the 7th day of August,1998, (the
"Commencement Date"). This agreement will expire on July 22nd , 1999 or after the expiration of any Renewal
Period (the "Expiration Date"). The term of employment shall annually be extended by one (1) year (the "Renewal
Period") unless written notification is given by either party to the other at least six (6) months prior to the
Expiration Date. The Commencement Date through and including the Expiration Date is hereinafter referred to as
the "Employment Term."
(b) TERMINATION The Company agrees to employ the Executive for the period beginning on the
Commencement Date and continuing through the earliest of:
(i) death of the Executive; or
(ii) termination of the Execut