WITNESSETH:Option Agreement • February 23rd, 1996 • Kaufman & Broad Home Corp • Operative builders
1 EXHIBIT 10.20 [KAUFMAN & BROAD LOGO] December 1, 1995 Mr. Bruce Karatz Chairman, President and Chief Executive Officer Kaufman and Broad Home Corporation 10990 Wilshire Boulevard, 7th Floor Los Angeles, California 90024 Re: Employment Agreement Dear...Stock Restriction Agreement • February 23rd, 1996 • Kaufman & Broad Home Corp • Operative builders • Delaware
