0001628280-16-012298 Sample Contracts

AV HOMES, INC. Performance Share Award Agreement
Performance Share Award Agreement • March 4th, 2016 • AV Homes, Inc. • Operative builders • Delaware

AV Homes, Inc. (the “Company”), pursuant to its 2015 Incentive Compensation Plan (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.

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AV HOMES, INC. Restricted Share Award Agreement
Restricted Share Award Agreement • March 4th, 2016 • AV Homes, Inc. • Operative builders • Delaware

AV Homes, Inc. (the “Company”), pursuant to its 2015 Incentive Compensation Plan (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.

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