0000950123-05-012493 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • October 25th, 2005 • Cogdell Spencer Inc. • Real estate investment trusts • North Carolina

EMPLOYMENT AGREEMENT dated as of October 21, 2005, by and between Cogdell Spencer Inc., a Maryland corporation (the “REIT”), Cogdell Spencer LP, a Delaware Limited Partnership (the “Operating Partnership”) each with its principal place of business at 4401 Barclay Downs Drive, Suite 300, Charlotte, North Carolina 28209-4670, and Frank C. Spencer, residing at the address set forth on the signature page hereof (the “Executive”).

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COGDELL SPENCER INC. OPTION AWARD AGREEMENT
Employee Without Employment Agreement • October 25th, 2005 • Cogdell Spencer Inc. • Real estate investment trusts • Delaware

WHEREAS, the Company maintains the Cogdell Spencer Inc. 2005 Long Term Incentive Compensation Plan (as amended from time to time, the “Plan”) (capitalized terms used but not defined herein shall have the respective meanings ascribed thereto by the Plan);

COGDELL SPENCER INC. OPTION AWARD AGREEMENT
Employee With Employment Agreement • October 25th, 2005 • Cogdell Spencer Inc. • Real estate investment trusts • Delaware

WHEREAS, the Company maintains the Cogdell Spencer Inc. 2005 Long Term Incentive Compensation Plan (as amended from time to time, the “Plan”) (capitalized terms used but not defined herein shall have the respective meanings ascribed thereto by the Plan);

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