0001025953-12-000004 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 9th, 2012 • Novastar Financial Inc • Real estate agents & managers (for others) • Missouri

This Employment Agreement (“Agreement”) is made and entered into as of March 2, 2012 (the “Effective Date”), by and between NovaStar Financial, Inc. (the “Company”) and Matthew Lautz (“Employee”).

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EMPLOYEE NON-QUALIFIED STOCK OPTION AGREEMENT
Employee Non-Qualified Stock Option Agreement • March 9th, 2012 • Novastar Financial Inc • Real estate agents & managers (for others) • Missouri

EMPLOYEE NON-QUALIFIED STOCK OPTION AGREEMENT, dated as of the 8th day of March, 2012, by and between NovaStar Financial, Inc., a Maryland corporation (the “Company”) and Brett Monger (the “Optionee”).

MEMBERSHIP INTEREST PURCHASE AGREEMENT
Membership Interest Purchase Agreement • March 9th, 2012 • Novastar Financial Inc • Real estate agents & managers (for others) • Indiana

THIS MEMBERSHIP INTEREST PURCHASE AGREEMENT (this “Agreement”) dated March 8, 2012 (the “Effective Date”), is by and between NOVASTAR FINANCIAL, INC., a Maryland corporation (“Buyer”), and STEVE HASLAM, an individual (“Seller”).

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