0001628280-15-001189 Sample Contracts

AV HOMES, INC. AMENDED AND RESTATED 1997 INCENTIVE AND CAPITAL ACCUMULATION PLAN (2011 Restatement) Form of Performance Share Award Agreement

Performance Share Award Agreement • February 27th, 2015 • AV Homes, Inc. • Operative builders • Delaware

• Contract Type
  Performance Share Award Agreement
• Filed
  February 27th, 2015
• Company
  AV Homes, Inc.
• Industry
  Operative builders
• Jurisdiction
  Delaware

AV Homes, Inc. (the “Company”), pursuant to its Amended and Restated 1997 Incentive and Capital Accumulation Plan (2011 Restatement) (the “Plan”), hereby grants to you, the Participant named below, an award of shares of the Company’s common stock whose vesting is subject the satisfaction of both service-based and performance-based conditions (the “Performance Shares”). The terms and conditions of this Performance Share Award are set forth in this Performance Share Award Agreement (the “Agreement”), consisting of this cover page and the Terms and Conditions on the following pages, and in the Plan document, a copy of which has been provided to you.

AV HOMES, INC. AMENDED AND RESTATED 1997 INCENTIVE AND CAPITAL ACCUMULATION PLAN (2011 Restatement) Form of Restricted Share Award Agreement

Restricted Share Award Agreement • February 27th, 2015 • AV Homes, Inc. • Operative builders • Delaware

• Contract Type
  Restricted Share Award Agreement
• Filed
  February 27th, 2015
• Company
  AV Homes, Inc.
• Industry
  Operative builders
• Jurisdiction
  Delaware

AV Homes, Inc. (the “Company”), pursuant to its Amended and Restated 1997 Incentive and Capital Accumulation Plan (2011 Restatement) (the “Plan”), hereby grants to you, the Participant named below, an award of shares of the Company’s common stock whose vesting is subject the satisfaction of service-based conditions (the “Restricted Shares”). The terms and conditions of this Restricted Share Award are set forth in this Restricted Share Award Agreement (the “Agreement”), consisting of this cover page and the Terms and Conditions on the following pages, and in the Plan document, a copy of which has been provided to you.

FORM OF EXECUTIVE EMPLOYMENT AGREEMENT

Executive Employment Agreement • February 27th, 2015 • AV Homes, Inc. • Operative builders • New York

• Contract Type
  Executive Employment Agreement
• Filed
  February 27th, 2015
• Company
  AV Homes, Inc.
• Industry
  Operative builders
• Jurisdiction
  New York

THIS EXECUTIVE EMPLOYMENT AGREEMENT (“Agreement”) is made and entered into by and between AV Homes, Inc. (“Company”) and ___________ (“Executive”). Once signed by both of the parties, this Agreement will be deemed effective as of _________ (“Effective Date”). This Agreement supersedes all previous agreements, promises, representations, understandings and negotiations between the parties, whether written or oral, with respect to the subject matter hereof, except as expressly provided herein.