0000912057-02-011179 Sample Contracts

NON-EMPLOYEE DIRECTOR PHANTOM STOCK UNIT AGREEMENT
Non-Employee Director Phantom Stock Unit Agreement • March 22nd, 2002 • Arden Group Inc • Retail-grocery stores • California

THIS PHANTOM STOCK UNIT AGREEMENT (the "Agreement"), dated as of this 19th day of June, 2001, by and between Arden Group, Inc., a Delaware corporation (the "Company"), and Kenneth A. Goldman (the "Unit Holder"), is made with reference to the following facts:

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