0001548981-15-000013 Sample Contracts

FIRST AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • April 17th, 2015 • American Residential Properties, Inc. • Real estate investment trusts

This is the first amendment to that certain Amended and Restated Employment Agreement, dated as of April 19, 2013 (the “Agreement”), by and between Laurie A. Hawkes and American Residential Properties, Inc. All capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Agreement.

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LONG-TERM INCENTIVE PLAN UNIT TIME-BASED VESTING AGREEMENT Under the American Residential Properties, Inc.
Vesting Agreement • April 17th, 2015 • American Residential Properties, Inc. • Real estate investment trusts • Arizona

Pursuant to the American Residential Properties, Inc. 2012 Equity Incentive Plan (the “Plan”), as amended through the date hereof, and the Agreement of Limited Partnership, dated as of May 11, 2012, as amended through the date hereof (the “Partnership Agreement”), of American Residential Properties OP, L.P., a Delaware limited partnership (“ARP OP”), American Residential Properties, Inc., a Maryland corporation (the “Company”) and the sole member of American Residential GP, LLC, a Delaware limited liability company, the general partner of ARP OP (the “General Partner”), and for the provision of services to or for the benefit of ARP OP in a partner capacity or in anticipation of being a partner, hereby grants to the Grantee an Other Equity-Based Award (as defined in the Plan) (an “Award”) in the form of, and by causing ARP OP to issue to the Grantee named above, the number of LTIP Units specified above (the “LTIP Units”) having the rights, voting powers, restrictions, limitations as to

AMENDMENT TO EXECUTIVE SEVERANCE AND CHANGE IN CONTROL VESTING AGREEMENT
Executive Severance and Change in Control Vesting Agreement • April 17th, 2015 • American Residential Properties, Inc. • Real estate investment trusts

FIRST AMENDMENT TO EXECUTIVE SEVERANCE AND CHANGE IN CONTROL VESTING AGREEMENT, dated as of June 12, 2014 (the “Agreement”), by and between Patricia B. Dietz and American Residential Properties, Inc. All capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Agreement.

FIRST AMENDMENT TO AMENDED AND RESTATED EXECUTIVE SEVERANCE AND CHANGE IN CONTROL VESTING AGREEMENT
Control Vesting Agreement • April 17th, 2015 • American Residential Properties, Inc. • Real estate investment trusts

This is the first amendment to that certain Amended and Restated Executive Severance and Change in Control Agreement, dated as of December 23, 2014 (the “Agreement”), by and between Christopher J. “Jay” Byce and American Residential Properties, Inc. All capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Agreement.

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • April 17th, 2015 • American Residential Properties, Inc. • Real estate investment trusts

This is the first amendment to that certain Employment Agreement, dated as of April 19, 2013 (the “Agreement”), by and between Shant Koumriqian and American Residential Properties, Inc. All capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Agreement.

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • April 17th, 2015 • American Residential Properties, Inc. • Real estate investment trusts

This is the first amendment to that certain Employment Agreement, dated as of April 19, 2013 (the “Agreement”), by and between Lani B Porter and American Residential Properties, Inc. All capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Agreement.

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