0001047469-03-009551 Sample Contracts

CENTERPOINT PROPERTIES TRUST STOCK OPTION AGREEMENT
Properties Trust Stock Option Agreement • March 21st, 2003 • Centerpoint Properties Trust • Real estate investment trusts • Maryland

THIS STOCK OPTION AGREEMENT (the "Agreement") is dated as of November 6, 2002 between CenterPoint Properties Trust, a Maryland real estate investment trust (the "Company"), and John C. Staley (the "Optionee").

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CENTERPOINT PROPERTIES TRUST DIRECTOR'S STOCK GRANT AGREEMENT
Stock Grant Agreement • March 21st, 2003 • Centerpoint Properties Trust • Real estate investment trusts • Maryland

THIS STOCK GRANT AGREEMENT (the "Agreement") is dated as of November 6, 2002 between CenterPoint Properties Trust, a Maryland real estate investment trust (the "Company"), and John C. Staley (the "Grantee").

AMENDED AND RESTATED NON-COMPETITION AGREEMENT
Non-Competition Agreement • March 21st, 2003 • Centerpoint Properties Trust • Real estate investment trusts • Illinois

THIS AMENDED AND RESTATED NON-COMPETIOTION AGREEMENT (the "Agreement") made this 31st day of July, 1996 by and between ROBERT L. STOVALL (the "executive") and CENTERPOINT PROPERTIES CORPORATION, a Maryland corporation (the "Company"), amends and restates the Non-Competition Agreement dated September, 1993 (the "Original Agreement") between Executive and the Company.

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