0001047469-05-017082 Sample Contracts

HOVNANIAN ENTERPRISES, INC., , As Depositary AND THE HOLDERS FROM TIME TO TIME OF THE DEPOSITARY RECEIPTS DESCRIBED HEREIN
Deposit Agreement • June 10th, 2005 • Hovnanian Enterprises Inc • Operative builders • New York

DEPOSIT AGREEMENT dated as of , among HOVNANIAN ENTERPRISES, INC., a Delaware corporation, , a corporation, and the holders from time to time of the Receipts described herein.

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HOVNANIAN ENTERPRISES, INC. and [WARRANT AGENT] As Warrant Agent Warrant Agreement — [Common Stock] [Preferred Stock] [Depositary Shares](1) Dated as of
Warrant Agreement • June 10th, 2005 • Hovnanian Enterprises Inc • Operative builders • New York

THIS WARRANT AGREEMENT dated as of between Hovnanian Enterprises, Inc., a Delaware corporation (the “Company”), and [Warrant Agent], as Warrant Agent (herein called the “Warrant Agent”).

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