STEPHEN K. GRIESSEL AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • May 21st, 2009 • American Community Properties Trust • Land subdividers & developers (no cemeteries) • Maryland
THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”), dated May 14, 2009, is entered into between American Rental Management Company, a Delaware corporation (the “Company”) American Community Properties Trust, a Maryland real estate investment trust (the “Parent”), and Stephen K. Griessel (the “Executive”). Certain capitalized terms used herein shall have the respective meanings ascribed to them in Section 6 and Section 11 hereof. This Agreement amends and restates that certain Employment Agreement, dated as of October 1, 2008, by and between the Parent and Executive (the “Old Agreement”).
