0001047469-05-016897 Sample Contracts

NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • June 9th, 2005 • KKR Financial Corp • Real estate investment trusts • New York

THIS AGREEMENT (the “Agreement”), is made effective as of the day of (hereinafter called the “Date of Grant”), between KKR Financial Corp., a Maryland corporation (hereinafter called the “Company”), and (hereinafter called the “Participant”):

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RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • June 9th, 2005 • KKR Financial Corp • Real estate investment trusts • New York

THIS AGREEMENT (the “Agreement”) is made, effective as of the day of (the “Date of Grant”), between KKR Financial Corp., a Maryland corporation (hereinafter called the “Company”), (hereinafter called the “Participant”).

Sample 1
RESTRICTED STOCK AWARD AGREEMENT (Non-Employee Director)
Restricted Stock Award Agreement • June 9th, 2005 • KKR Financial Corp • Real estate investment trusts • New York

THIS AGREEMENT (the “Agreement”) is made, effective as of the day of (the “Date of Grant”), between KKR Financial Corp., a Maryland corporation (hereinafter called the “Company”), and (hereinafter called the “Participant”).

Sample 1
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