0001437749-21-002829 Sample Contracts

PERFORMANCE AWARD AGREEMENT
Performance Award Agreement • February 12th, 2021 • New Home Co Inc. • Operative builders

The New Home Company Inc. (the “Company”) has granted to the participant listed below (“Participant”) a Performance Award (the “Performance Award”) described in this Performance Award Agreement Grant Notice (the “Grant Notice”), subject to the terms and conditions of the 2016 Incentive Award Plan (as amended from time to time, the “Plan”) and the Performance Award Agreement attached as Exhibit A (the “Agreement”), both of which are incorporated into this Grant Notice by reference. Capitalized terms not specifically defined in this Grant Notice or the Agreement have the meanings given to them in the Plan.

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