Form of Share Option Award Agreement under the Centerline Holding Company 2007 Incentive Share PlanShare Option Award Agreement • February 25th, 2008 • Centerline Holding Co • Real estate • Delaware
You are hereby awarded share options (the “Options”) to purchase Shares of Centerline Holding Company (the “Company”), subject to the terms and conditions set forth in this Share Option Award Agreement (the “Award Agreement” or “Award”) and in the Centerline Holding Company 2007 Incentive Share Plan (the “2007 Plan”). A copy of the 2007 Plan is attached hereto as Exhibit A, and a summary of the 2007 Plan appears in the 2007 Plan Prospectus attached as Exhibit B. You should carefully review these documents and consult with your personal financial advisor, in order to fully understand the implications of this Award Agreement, including your tax consequences upon exercise of the Options.
