RESTRICTED STOCK AGREEMENTRestricted Stock Agreement • July 29th, 2021 • M.D.C. Holdings, Inc. • Operative builders • Delaware
Lapse Schedule: Except as provided otherwise in this Agreement, the Plan, and any employment agreement or change in control agreement Employee may have with the Company (as such agreement(s) may be amended from time to time), and subject to Employee’s continuous employment with the Company from the Grant Date through each lapse date set forth below, the Forfeiture Restrictions shall lapse as to the Restricted Stock in accordance with the following schedule:
EXECUTIVE OFFICER STOCK OPTION AGREEMENTOfficer Stock Option Agreement • July 29th, 2021 • M.D.C. Holdings, Inc. • Operative builders • Delaware
Vesting Schedule: Except as provided otherwise in this Agreement, the Plan, and any employment agreement or change in control agreement Employee may have with the Company (as such agreement(s) may be amended from time to time), which may provide for accelerated vesting upon certain terminations in connection with a Change of Control), Optionee’s right to purchase shares of Stock under this Option vests, as set forth below:
ContractIncentive Plan Stock Option Agreement • July 29th, 2021 • M.D.C. Holdings, Inc. • Operative builders • Delaware
Vesting Schedule: Except as provided otherwise in this Agreement and the Plan, Optionee’s right to purchase shares of Stock under this Option vests, as set forth below:
SENIOR EXECUTIVE OFFICER STOCK OPTION AGREEMENTOption Agreement • July 29th, 2021 • M.D.C. Holdings, Inc. • Operative builders • Delaware
This Option is also subject to the terms of any employment agreement or change in control agreement the Optionee may have with the Company (as such agreement(s) may be amended from time to time). Notwithstanding anything in this Agreement to the contrary, to the extent the provisions of this Agreement may conflict with provisions in the Optionee’s employment agreement with the Company (if any), the terms of the employment agreement shall control.
