0001193125-08-109898 Sample Contracts

AMENDMENT TO STOCK OPTION AGREEMENTS
Stock Option Agreements • May 9th, 2008 • American Land Lease Inc • Real estate investment trusts • Florida

This AMENDMENT TO STOCK OPTION AGREEMENTS (this “Amendment”), dated as of February 14, 2008, is entered into by and between AMERICAN LAND LEASE, INC., a Delaware corporation (the “Company”), and (“Employee”), and amends the Incentive Stock Option Agreements, dated as of , , , , , and , , entered into by the Company and Employee (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”).

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