EMPLOYMENT AGREEMENTEmployment Agreement • September 9th, 2004 • Simon Property Group Inc /De/ • Real estate investment trusts • New Jersey
EMPLOYMENT AGREEMENT (this “Agreement”), dated as of this 20th day of June, 2004, between Chelsea Property Group, Inc., a Maryland corporation (the “Company”), and David C. Bloom (the “Executive”). This Agreement shall become effective immediately and will govern the terms of the Executive’s employment as of the closing date (the “Effective Date”) of the agreement and plan of merger (the “Merger Agreement”) among Simon Property Group, Inc. a Delaware corporation (“SPG”), Simon Property Group, L.P., a Delaware limited partnership (“SPG L.P.”), Simon Acquisition I, LLC, a Maryland limited liability company, and a wholly owned subsidiary of SPG L.P., Simon Acquisition II, LLC, a Delaware limited liability company, and an indirect wholly owned subsidiary of SPG L.P., Company, and CPG Partners, L.P., a Delaware limited partnership, dated as of June 20, 2004; provided, that this Agreement shall be null and void ab initio upon any termination of the Merger Agreement in accordance with its ter
