LANDMARK LAND COMPANY, INC. Stock Option AgreementLandmark Land Co Inc/De • January 9th, 2007 • Savings institutions, not federally chartered
Pursuant to a resolution duly adopted on April 29, 2006, the Board of Directors of Landmark Land Company, Inc. (the "Company") has granted to you effective as of May 1, 2006 an option (the "Option") to purchase the number of the Company's Common Shares set forth above. Such number of shares (as may be adjusted as described in Section 8 below) are herein referred to as the "Option Shares." The terms and conditions of your Option are set out below.
