AMENDMENT TO STOCK OPTION AGREEMENTStock Option Agreement • March 11th, 2008 • American Land Lease Inc • Real estate investment trusts • Florida
This AMENDMENT TO STOCK OPTION AGREEMENT (this “Amendment”), dated as of May 8, 2007, is entered into by and between AMERICAN LAND LEASE, INC., a Delaware corporation (the “Company”), and (“Employee”), and amends each of the Incentive Stock Option Agreements, dated as of , entered into by the Company and Employee (collectively, the “Stock Option Agreements”). Capitalized terms used but not otherwise defined in this Amendment shall have the respective meanings set forth in the Stock Option Agreements or, if not defined therein, the Company’s 1998 Stock Incentive Plan, as amended (the “Plan”).
