0000950134-09-001151 Sample Contracts

SECOND AMENDMENT TO RIGHTS AGREEMENT
Rights Agreement • January 27th, 2009 • Kb Home • Operative builders • New York

Second Amendment, dated as of January 22, 2009 (this “Amendment”), to the Rights Agreement, dated as of February 4, 1999, as amended (the “Rights Agreement”), by and between KB Home (formerly Kaufman and Broad Home Corporation), a Delaware corporation (the “Company”), and Mellon Investor Services LLC (formerly ChaseMellon Shareholder Services, L.L.C.), as rights agent (the “Rights Agent”).

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