0001104659-03-004632 Sample Contracts

FORM OF STOCK OPTION AGREEMENT
Form of Stock Option Agreement • March 20th, 2003 • Arden Group Inc • Retail-grocery stores • California

THIS STOCK OPTION AGREEMENT (the “Agreement”), dated this ______ day of ______________, ______, by and between Arden Group, Inc., a Delaware corporation (the “Company”), and _____________________ (the “Option Holder”), is made with reference to the following facts:

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FORM OF AMENDMENT TO NON-EMPLOYEE DIRECTOR PHANTOM STOCK UNIT AGREEMENT
Stock Unit Agreement • March 20th, 2003 • Arden Group Inc • Retail-grocery stores • California

This AMENDMENT TO NON-EMPLOYEE DIRECTOR PHANTOM STOCK UNIT AGREEMENT (the “Amendment”), dated as of December 9, 2002, is made by and between Arden Group, Inc., a Delaware corporation (the “Company”), and _____________________ (the “Unit Holder”), with reference to the following facts:

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