0001299933-05-001090 Sample Contracts

Annual and Long-Term Incentive Plan Director Restricted Stock Grant Agreement
Director Restricted Stock Grant Agreement • March 4th, 2005 • Technical Olympic Usa Inc • General bldg contractors - residential bldgs • Delaware

To carry out the purposes of the Technical Olympic USA, Inc. Annual and Long-Term Incentive Plan (the “Plan”) and the Policy for Compensation of Outside Directors, by granting Director an ownership interest in Technical Olympic USA, Inc. (the “Company”), by aligning the Director’s financial interests more closely with those of the stockholders of the Company, and in recognition of Director’s significant duties and responsibilities as a member of the Company Board of Directors, the Company and Director hereby agree as follows:

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Annual and Long-Term Incentive Plan Director Non-Qualified Stock Option Agreement
Director Non-Qualified Stock Option Agreement • March 4th, 2005 • Technical Olympic Usa Inc • General bldg contractors - residential bldgs • Delaware

AGREEMENT made as of [insert date of grant], between Technical Olympic USA, Inc., a Delaware corporation (the “Company”), and (“Director”).

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