0000950124-08-000805 Sample Contracts

RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • February 25th, 2008 • Pulte Homes Inc/Mi/ • Operative builders • Michigan

Pursuant to the provisions of the Pulte Homes, Inc. 2004 Stock Incentive Plan (the “Plan”), the employee named in the Grant Acceptance (the “Holder”) has been granted a restricted stock award (the “Award”) of the number of shares of common stock, $.01 par value, of Pulte Homes, Inc., a Michigan corporation (the “Company”) set forth in the Grant Acceptance (the “Shares”), subject to adjustment as provided herein and in the Plan. The Award is subject to the restrictions, terms and conditions set forth below. Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Plan. This Agreement, together with the Grant Acceptance, constitute the Restricted Stock Agreement which is made and entered into as of the grant date set forth in the Grant Acceptance (the “Grant Date”).

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STOCK OPTION AGREEMENT UNDER 2002 / 2004 STOCK INCENTIVE PLAN
Stock Option Agreement • February 25th, 2008 • Pulte Homes Inc/Mi/ • Operative builders • Michigan

Pursuant to the provisions of the Pulte Homes, Inc. 2002 / 2004 Stock Incentive Plan (the “Plan”), the employee named in the Grant Acceptance (the “Optionee”) has been granted a non-qualified option (the “Option”) to purchase the number of shares of common stock, $.01 par value, of Pulte Homes, Inc., a Michigan corporation (together with its subsidiaries, the “Company”) (“Common Stock”) set forth in the Grant Acceptance at the price per share set forth in the Grant Acceptance (the “Exercise Price”), subject to adjustment as provided herein and in the Plan. Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Plan. This Agreement, together with the Grant Acceptance, constitute the Stock Option Agreement which is made and entered into as of the grant date set forth in the Grant Acceptance (the “Grant Date”).

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