0001104659-06-016914 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 15th, 2006 • California Coastal Communities Inc • Operative builders • California

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is entered into as of May 1, 1998 by and between ED MOUNTFORD (“Executive”) and Hearthside Homes, Inc., a California corporation (“Employer”), which is an indirect wholly-owned subsidiary of California Coastal Communities, Inc., a Delaware corporation (“Parent”).

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FOURTH EXTENSION AND MODIFICATION OF EMPLOYMENT AGREEMENT
Employment Agreement • March 15th, 2006 • California Coastal Communities Inc • Operative builders

THIS FOURTH EXTENSION AND MODIFICATION OF EMPLOYMENT AGREEMENT (the “Extension”) is entered into as of July 20, 2005 by and between Hearthside Homes, Inc., a California corporation (“Employer”), which is an indirect wholly-owned subsidiary of California Coastal Communities, Inc., a Delaware corporation (“Parent”), and ED MOUNTFORD (“Executive”).

MODIFICATION OF EMPLOYMENT AGREEMENT
Employment Agreement • March 15th, 2006 • California Coastal Communities Inc • Operative builders

THIS MODIFICATION OF EMPLOYMENT AGREEMENT (the “Extension”) is entered into as of November 12, 2003 by and between Hearthside Homes, Inc., a California corporation (“Employer”), which is an indirect wholly-owned subsidiary of California Coastal Communities, Inc., a Delaware corporation (“Parent”), and ED MOUNTFORD (“Executive”).

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