0000950137-05-006573 Sample Contracts

DANIELSON HOLDING CORPORATION AMENDMENT TO STOCK OPTION AGREEMENT
Stock Option Agreement • May 26th, 2005 • Danielson Holding Corp • Cogeneration services & small power producers

THIS AMENDMENT TO STOCK OPTION AGREEMENT, is made as of the 25th day of May, 2005, between Danielson Holding Corporation, a Delaware corporation (the “Company”), and Robert S. Silberman (the “Optionee”). Capitalized terms used herein that are not otherwise defined shall have the meaning ascribed to them in the Danielson Holding Corporation Equity Award Plan for Directors (the “Plan”) or in the Stock Option Agreement dated as of December 8, 2004 between the Company and the Optionee (the “Original Agreement”).

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