AMENDED AND RESTATED STOCK OPTION AGREEMENT (W. Lance Anderson)Stock Option Agreement • March 5th, 2015 • Novation Companies, Inc. • Real estate agents & managers (for others) • Maryland
THIS AMENDED AND RESTATED STOCK OPTION AGREEMENT (this “Agreement”), dated this 2nd day of March, 2015, by and between Novation Companies, Inc., a Maryland corporation (formerly known as NovaStar Financial, Inc., the “Company”) and W. Lance Anderson, an individual employee of the Company (the “Optionee”). The Company and the Optionee are sometimes referred to herein individually as a “Party” and collectively as the “Parties”.
AMENDED AND RESTATED EMPLOYEE NON-QUALIFIED STOCK OPTION AGREEMENTEmployee Non-Qualified Stock Option Agreement • March 5th, 2015 • Novation Companies, Inc. • Real estate agents & managers (for others) • Missouri
THIS AMENDED AND RESTATED EMPLOYEE NON-QUALIFIED STOCK OPTION AGREEMENT (“Agreement”), dated as of March 2, 2015, hereby amends and restates in its entirety the Employee Non-Qualified Stock Option Agreement dated November 10, 2009 (the “Existing Option Agreement”), by and between Novation Companies, Inc., a Maryland corporation (formerly known as NovaStar Financial, Inc., the “Company”) and Rodney E. Schwatken (the “Optionee”).
