Common use of Sign-On Equity Clause in Contracts

Sign-On Equity. So long as the Executive remains employed by the Company through the date of completion of the IPO (the “IPO Date”), then the Executive will be entitled to receive a sign-on equity grant (the “Sign-on Equity Award”) as follows. 85,000 shares under the Sign-on Equity Award will be delivered in the form of stock options and 25,000 shares under the Sign-on Equity Award will be delivered in the form of restricted shares, in each case subject to the terms of the Woodside Homes, Inc. 2014 Equity Incentive Plan and the terms of the applicable award agreements, attached hereto as Exhibit A. The Sign-on Equity Award will be granted on the IPO Date and the per share exercise price of each option to acquire Company stock will be equal to the per share IPO price.

Sign-On Equity. So long as the Executive remains employed by the Company through the date of completion of the IPO (the “IPO Date”), then the Executive will be entitled to receive a sign-on equity grant (the “Sign-on Equity Award”) as follows. 85,000 250,000 shares under the Sign-on Equity Award will be delivered in the form of stock options and 25,000 75,000 shares under the Sign-on Equity Award will be delivered in the form of restricted shares, in each case subject to the terms of the Woodside Homes, Inc. 2014 Equity Incentive Plan and the terms of the applicable award agreements, attached hereto as Exhibit A. The Sign-on Equity Award will be granted on the IPO Date and the per share exercise price of each option to acquire Company stock will be equal to the per share IPO price.

Sign-On Equity. So long as the Executive remains employed by the Company through the date of completion of the IPO (the “IPO Date”), then the Executive will be entitled to receive a sign-on equity grant (the “Sign-on Equity Award”) as follows. 85,000 shares under the Sign-on Equity Award will be delivered in the form of stock options and 25,000 shares under the Sign-on Equity Award will be delivered in the form of restricted shares, in each case subject to the terms of the Woodside Homes, Inc. 2014 Equity Incentive Plan and the terms of the applicable award agreements, attached hereto as Exhibit A. A, The Sign-on Equity Award will be granted on the IPO Date and the per share exercise price of each option to acquire Company stock will be equal to the per share IPO price.