0001193125-08-151895 Sample Contracts

HOMEOWNERS CHOICE, INC. NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • July 16th, 2008 • Homeowners Choice, Inc. • Fire, marine & casualty insurance • Florida

Homeowners Choice, Inc., a Florida corporation (the “Company”), hereby grants to the individual named below an option (the “Option Agreement”) to purchase certain shares of Common Stock of the Company pursuant to the Homeowners Choice, Inc. 2007 Stock Option and Incentive Plan, in the manner and subject to the provisions of this Option Agreement. Capitalized terms used but not defined herein shall have the meaning given to them in the Plan.

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WARRANT AGREEMENT
Warrant Agreement • July 16th, 2008 • Homeowners Choice, Inc. • Fire, marine & casualty insurance • Florida

This Warrant Agreement (the “Agreement”) is made as of , 2008 between Homeowners Choice, Inc., a Florida corporation, with offices at 145 N.W. Central Park Plaza, Suite 115, Port St. Lucie, Florida 34986 (the “Company”), and American Stock Transfer & Trust Company, LLC, a New York State limited liability trust company, with offices at 6201 15th Avenue, Brooklyn, New York 11219 (the “Warrant Agent”).

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