ContractEmployee Non-Qualified Stock Option Agreement • May 5th, 2020 • Missouri
Contract Type FiledMay 5th, 2020 JurisdictionEX-10.3 4 novc8-kx03052015ex103.htm EXHIBIT 10.3 AMENDED AND RESTATED EMPLOYEE NON-QUALIFIED STOCK OPTION AGREEMENT THIS AMENDED AND RESTATED EMPLOYEE NON-QUALIFIED STOCK OPTION AGREEMENT (“Agreement”), dated as of March 2, 2015, hereby amends and restates in its entirety the Employee Non-Qualified Stock Option Agreement dated November 10, 2009 (the “Existing Option Agreement”), by and between Novation Companies, Inc., a Maryland corporation (formerly known as NovaStar Financial, Inc., the “Company”) and Rodney E. Schwatken (the “Optionee”). WHEREAS, pursuant to the terms of the Company’s 2004 Incentive Stock Plan, as amended and restated (the “Plan”), the Compensation Committee of the Board of Directors of the Company (the “Committee”) has determined that the Optionee is to be granted an option to purchase a specified number of shares of the Company’s common stock on the terms and conditions set forth herein; WHEREAS, the Optionee is now an employee of the Company or a “Subsidiary” of
AMENDED AND RESTATED EMPLOYEE NON-QUALIFIED STOCK OPTION AGREEMENTEmployee Non-Qualified Stock Option Agreement • March 5th, 2015 • Novation Companies, Inc. • Real estate agents & managers (for others) • Missouri
Contract Type FiledMarch 5th, 2015 Company Industry JurisdictionTHIS AMENDED AND RESTATED EMPLOYEE NON-QUALIFIED STOCK OPTION AGREEMENT (“Agreement”), dated as of March 2, 2015, hereby amends and restates in its entirety the Employee Non-Qualified Stock Option Agreement dated November 10, 2009 (the “Existing Option Agreement”), by and between Novation Companies, Inc., a Maryland corporation (formerly known as NovaStar Financial, Inc., the “Company”) and Rodney E. Schwatken (the “Optionee”).