0000950123-10-027570 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 24th, 2010 • American Campus Communities Inc • Real estate investment trusts • Texas

This EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of January 30, 2009, by and between American Campus Communities, Inc. (the “Company”) and James E. Wilhelm III (“Executive”).

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THIRD AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • March 24th, 2010 • American Campus Communities Inc • Real estate investment trusts

This Third Amendment to Employment Agreement (this “Amendment”), dated as of March 23, 2010, by and between American Campus Communities, Inc. (the “Company”) and William C. Bayless, Jr. (“Executive”).

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • March 24th, 2010 • American Campus Communities Inc • Real estate investment trusts

This First Amendment to Employment Agreement (this “Amendment”), dated as of March 23, 2010, by and between American Campus Communities, Inc. (the “Company”) and Jonathan A. Graf (“Executive”).

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