AGREEMENT, dated 3/1/2012, between THE RYLAND GROUP, INC. (the “Corporation”) and (the “Optionee”).Executive Officer Non-Qualified Stock Option Agreement • October 2nd, 2012 • Ryland Group Inc • Operative builders
Contract Type FiledOctober 2nd, 2012 Company IndustryWHEREAS, pursuant to The Ryland Group, Inc. 2011 Equity and Incentive Plan (the “Plan”), which is amended effective October 1, 2012, the Board of Directors wishes to provide participation in the appreciated equity value of the Corporation by providing the Optionee with a grant of non-qualified stock options related to Ryland Common Stock (“Common Stock”), and thereby increase the Optionee’s proprietary interest in the success of the Corporation; and