0001125282-06-003650 Sample Contracts

AT-WILL EMPLOYMENT AGREEMENT
At-Will Employment Agreement • June 23rd, 2006 • Orleans Homebuilders Inc • Operative builders • Pennsylvania

THIS AGREEMENT, made as of this 19th day of June, 2006, is between Orleans Homebuilders, Inc., a Delaware corporation with offices at 3333 Street Road, One Greenwood Square, Bensalem, Pennsylvania 19020 (hereinafter “the Company”) and C. Dean Amann, II, an individual (hereinafter the “Employee”).

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ORLEANS HOMEBUILDERS, INC. NON-QUALIFIED STOCK OPTION
Non-Qualified Stock Option • June 23rd, 2006 • Orleans Homebuilders Inc • Operative builders

THIS NON-QUALIFIED STOCK OPTION (the “Option”) is granted this ________ day of _______, 20__ by Orleans Homebuilders, Inc., a Delaware corporation (the “Company”), to _________________ (the “Optionee”) pursuant to the Orleans Homebuilders, Inc. 2004 Omnibus Stock Incentive Plan, as amended and restated (the “Plan”). All capitalized terms used herein shall have the same meaning as set forth in the Plan except as otherwise specifically provided or as may be required by context. This Option is subject in all regards to the terms, conditions and limitations set forth in the Plan.

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