0000950123-02-005668 Sample Contracts

AMENDMENT NO. 1
Registration Rights Agreement • May 24th, 2002 • St Joe Co • Paperboard mills
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STOCK OPTION AGREEMENT
Stock Option Agreement • May 24th, 2002 • St Joe Co • Paperboard mills • Florida
May 24, 2002 Alfred I. DuPont Testamentary Trust 4600 Touchton Road, E. Building 200, Suite 500 Jacksonville, Florida 32246 Ladies and Gentlemen: This letter sets forth the agreement between The St. Joe Company, a Florida corporation (the "Company")...
Stock Purchase Agreement • May 24th, 2002 • St Joe Co • Paperboard mills

This letter sets forth the agreement between The St. Joe Company, a Florida corporation (the "Company") and the Alfred I. DuPont Testamentary Trust (the "Trust") with respect to the Company's purchase of certain shares of the Company's Common Stock, no par value (the "Common Stock") owned by the Trust.

REGULAR VESTING SCHEDULE Forty percent of the Restricted Shares vest on the second anniversary of the Vesting Commencement Date (as shown in the Notice of Grant of Restricted Shares). An additional 20% of the Restricted Shares vest on each subsequent...
Restricted Shares Agreement • May 24th, 2002 • St Joe Co • Paperboard mills

TAX TREATMENT The Restricted Shares are granted pursuant to the St. Joe Company 1997 Stock Incentive Plan (the "Plan") and are intended to be restricted property as provided in Section 83 of the Internal Revenue Code of 1986.

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