Sycamore Cc Inc – WILLIAM LYON HOMES 2012 EQUITY INCENTIVE AWARD PLAN STOCK OPTION GRANT NOTICE (December 27th, 2013)William Lyon Homes, a Delaware corporation, (the “Company”), pursuant to its 2012 Equity Incentive Award Plan, as may be amended from time to time (the “Plan”), hereby grants to the holder listed below (“Participant”), an option to purchase the number of shares of the Company’s Class A common stock (“Stock”), set forth below (the “Option”). This Option is subject to all of the terms and conditions set forth herein, as well as in the Plan and the Stock Option Agreement attached hereto as Exhibit A (the “Stock Option Agreement”), each of which are incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Grant Notice and the Stock Option Agreement.
Sycamore Cc Inc – WILLIAM LYON HOMES 2012 EQUITY INCENTIVE PLAN AMENDMENT TO STOCK OPTION AGREEMENT (December 27th, 2013)This Amendment to the Stock Option Agreement (the “Amendment”) is entered into by and between William Lyon Homes (the “Company”), and [ ] (the “Optionee”) on December 3, 2013 (the “Effective Date”) pursuant to the resolutions adopted by the Compensation Committee of the Board of Directors of the Company (the “Board”) on November 5, 2013 and amends the Stock Option Agreement under the Company’s 2012 Equity Incentive Plan between the parties hereto (the “Original Agreement”). Capitalized terms used here and not defined herein shall have the meaning given in the Original Agreement.
