AVATAR HOLDINGS INC. AMENDED AND RESTATED FORM OF DEFERRED COMPENSATION AGREEMENT FOR NON-EMPLOYEE DIRECTOR’S FEESDeferred Compensation Agreement • March 16th, 2009 • Avatar Holdings Inc • Operative builders • Delaware
This Amended and Restated Deferred Compensation Agreement (this “Agreement”), dated as of [ ], 200[ ], is made by and between Avatar Holdings Inc., a Delaware corporation (the “Company”), and [DIRECTOR], a non-employee director of the Company (the “Participant”), pursuant to, and subject to the terms and conditions of, the Amended and Restated 1997 Incentive and Capital Accumulation Plan (2005 Restatement), as the same may be amended, restated, modified or supplemented from time to time (the “Plan”).
