0000950134-05-005178 Sample Contracts

EMPLOYEE NON-QUALIFIED STOCK OPTION GRANT
Employee Non-Qualified • March 16th, 2005 • Redwood Trust Inc • Real estate investment trusts • Maryland

NON-QUALIFIED STOCK OPTION GRANT, dated as of the day of , by and between Redwood Trust, Inc., a Maryland corporation (the “Company”), and , an employee of the Company (the “Optionee”).

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