pursuant to The Ryland Group, Inc.Non-Qualified Stock Option Agreement • April 27th, 2007 • Ryland Group Inc • Operative builders
WHEREAS, pursuant to The Ryland Group, Inc. 2007 Equity Incentive Plan (the “Plan”), the Board of Directors wishes to provide participation in the appreciated equity value of the Corporation by providing the Optionee with a grant of non-qualified stock options related to Ryland Common Stock (“Common Stock”), and thereby increase the Optionee’s proprietary interest in the success of the Corporation; and
