0000023795-11-000021 Sample Contracts

CONSOLIDATED-TOMOKA LAND CO. NONQUALIFIED STOCK OPTION AWARD AGREEMENT
Nonqualified Stock Option Award Agreement • July 6th, 2011 • Consolidated Tomoka Land Co • Real estate • Florida

This NONQUALIFIED STOCK OPTION AWARD AGREEMENT (the "Agreement") is made as of the 1st day of August, 2011 (the "Grant Date") between CONSOLIDATED-TOMOKA LAND CO., a Florida corporation (the "Company") and John P. Albright (the "Grantee").

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EMPLOYMENT AGREEMENT
Employment Agreement • July 6th, 2011 • Consolidated Tomoka Land Co • Real estate • Florida

This employment agreement (the “Agreement”) is made and entered into as of June 30, 2011, by and between Consolidated-Tomoka Land Co., a Florida corporation (the “Company”), and John P. Albright (the “Executive”).

CONSOLIDATED-TOMOKA LAND CO. RESTRICTED SHARE AWARD AGREEMENT
Restricted Share Award Agreement • July 6th, 2011 • Consolidated Tomoka Land Co • Real estate • Florida

The Company’s Board of Directors has granted Restricted Shares to the Grantee as of the Grant Date pursuant to this Agreement. The Company has adopted the Consolidated-Tomoka Land Co. 2010 Equity Incentive Plan (the “Plan”), which provides the general terms and restrictions for certain equity incentive awards to the Company's employees and directors and which is administered by the Compensation Committee of the Company’s Board of Directors (the “Committee”). The Award of Restricted Shares pursuant to this Agreement is not granted pursuant to the Plan, but rather is intended to constitute a non-plan based "inducement grant," as described in Section 711(a) of the NYSE Amex Company Guide. Nonetheless, the terms and provisions of the Plan relating to restricted shares are hereby incorporated into this Agreement by this reference, as though fully set forth herein, as if the Restricted Shares were granted pursuant to the Plan. The Grantee desires to accept the grant of Restricted Shares and

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