0001104659-12-035767 Sample Contracts

WALKER & DUNLOP, INC.
Incentive Stock Option Agreement • May 10th, 2012 • Walker & Dunlop, Inc. • Finance services

Walker & Dunlop, Inc., a Maryland corporation (the “Company”), hereby grants an option to purchase shares of its common stock, par value $0.01 (the “Option”), to the optionee named below, subject to the vesting and other conditions set forth below. Additional terms and conditions of the grant are set forth on this cover sheet and in the attachment (collectively, the “Agreement”), in the Company’s 2010 Equity Incentive Plan (as amended from time to time, the “Plan”), and in any employment agreement between you and the Company or any Affiliate.

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WALKER & DUNLOP, INC. RESTRICTED STOCK AGREEMENT (Directors)
Restricted Stock Agreement • May 10th, 2012 • Walker & Dunlop, Inc. • Finance services • Maryland

Walker & Dunlop, Inc., a Maryland corporation (the “Company”), hereby grants its shares of common stock, par value $0.01 (“Restricted Stock”) to the Grantee named below, subject to the vesting and other conditions set forth below. Additional terms and conditions of the grant are set forth on this cover sheet and in the attachment (collectively, the “Agreement”) and in the Company’s 2010 Equity Incentive Plan (as amended from time to time, the “Plan”).

WALKER & DUNLOP, INC. RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • May 10th, 2012 • Walker & Dunlop, Inc. • Finance services • Maryland

Walker & Dunlop, Inc., a Maryland corporation (the “Company”), hereby grants its shares of common stock, par value $0.01 (“Restricted Stock”) to the Grantee named below, subject to the vesting and other conditions set forth below. Additional terms and conditions of the grant are set forth on this cover sheet and in the attachment (collectively, the “Agreement”), in the Company’s 2010 Equity Incentive Plan (as amended from time to time, the “Plan”), and in any employment agreement between you and the Company or any Affiliate.

WALKER & DUNLOP, INC.
Non-Qualified Option Agreement • May 10th, 2012 • Walker & Dunlop, Inc. • Finance services

Walker & Dunlop, Inc., a Maryland corporation (the “Company”), hereby grants an option to purchase shares of its common stock, par value $0.01 (the “Option”), to the optionee named below, subject to the vesting and other conditions set forth below. Additional terms and conditions of the grant are set forth on this cover sheet and in the attachment (collectively, the “Agreement”), in the Company’s 2010 Equity Incentive Plan (as amended from time to time, the “Plan”), and in any employment agreement between you and the Company or any Affiliate.

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