0000950134-06-012860 Sample Contracts

KB HOME AMENDED AND RESTATED 1999 INCENTIVE PLAN NON-QUALIFIED STOCK OPTION AGREEMENT
1999 Incentive Plan Non-Qualified Stock Option Agreement • July 7th, 2006 • Kb Home • Operative builders • California

This Stock Option Agreement (this “Agreement”) is made on (the “Grant Date”) between KB Home, a Delaware corporation (the “Company”), and (“Optionee”). Capitalized terms used in this Agreement and not defined herein have the respective meanings given them in the KB Home Amended and Restated 1999 Incentive Plan (the “Plan”).

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KB HOME AMENDED AND RESTATED 1999 INCENTIVE PLAN INCENTIVE STOCK OPTION AGREEMENT
1999 Incentive Plan Incentive Stock Option Agreement • July 7th, 2006 • Kb Home • Operative builders • California

This Stock Option Agreement (this “Agreement”) is made on (the “Grant Date”) between KB Home, a Delaware corporation (the “Company”), and (“Optionee”). Capitalized terms used in this Agreement and not defined herein have the respective meanings given them in the KB Home Amended and Restated 1999 Incentive Plan (the “Plan”).

KB HOME AMENDED AND RESTATED 1999 INCENTIVE PLAN RESTRICTED STOCK AGREEMENT
1999 Incentive Plan Restricted Stock Agreement • July 7th, 2006 • Kb Home • Operative builders • California

This Restricted Stock Agreement (this “Agreement”) is made on (the “Award Date”) between KB Home, a Delaware corporation (the “Company”), and (“Participant”). Capitalized terms used in this Agreement and not defined herein have the respective meanings given them in the KB Home Amended and Restated 1999 Incentive Plan (the “Plan”).

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