CAMDEN PROPERTY TRUST
1999 EMPLOYEE SHARE PURCHASE PLAN
NOVEMBER 3, 1999
The primary purpose of this Plan is to encourage Share ownership by each Eligible Employee in the belief that
such Share ownership will increase his or her interest in the success of Camden Property Trust, a Texas real
estate investment trust (the "Company").
2.1. The term "Account" shall mean the separate bookkeeping account established and maintained by the Plan
Administrator for each Participant for each Purchase Period to record the contributions made on his or her behalf
to purchase Shares under this Plan.
2.2. The term "Beneficiary" shall mean the person designated as such in accordance with Section 8.
2.3. The term "Board" shall mean the Board of Trust Managers of the Company.
2.4. The term "Closing Price" shall mean the closing price for a Share as reported for such day in The Wall Street
Journal or in any successor to The Wall Street Journal or, if there is no such successor, in any publication
selected by the Committee or, if no such closing price is so reported for such day.
2.5. The term "Committee" shall mean the Compensation Committee of the Board.
2.6. The term "Company" shall mean Camden Property Trust, a Texas real estate investment trust.
2.7. The term "Election Form" shall mean the form which an Eligible Employee shall be required to properly
complete in writing and timely file at least 15 days prior to the commencement of any Purchase Period in order to
make any of the elections available to an Eligible Employee under this Plan.
2.8. The term "Eligible Employee" shall mean each officer or employee of a Participating Employer who is shown
on the payroll records of a Participating Employer as an employee for at least twelve (12) months prior to the
commencement of a Purchase Period.
2.9. The term "Participant" shall mean (a) for each Purchase Period an Eligible Employee who has elected to
purchase Shares in accordance with Section 4 in such Pur