0000950123-11-011116 Sample Contracts

11,750,000 Shares HOVNANIAN ENTERPRISES, INC. Class A Common Stock UNDERWRITING AGREEMENT
Underwriting Agreement • February 9th, 2011 • Hovnanian Enterprises Inc • Operative builders • New York
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Underwriting Agreement • February 9th, 2011 • Hovnanian Enterprises Inc • Operative builders • New York

CREDIT SUISSE SECURITIES (USA) LLC CITIGROUP GLOBAL MARKETS INC. DEUTSCHE BANK SECURITIES INC. J.P. MORGAN SECURITIES LLC As Representatives of the Several Underwriters,

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