0000950144-07-009315 Sample Contracts

THIRD AMENDMENT TO RIGHTS AGREEMENT
Rights Agreement • October 16th, 2007 • Bluegreen Corp • Real estate agents & managers (for others) • New York

Third Amendment (this “Amendment”) dated as of October 15, 2007 to the Rights Agreement, dated as of July 27, 2006, between Bluegreen Corporation, a Massachusetts corporation (the “Company”), and Mellon Investor Services LLC, a New Jersey limited liability company, as rights agent (the “Rights Agent”), as amended on October 16, 2006 and further amended on May 21, 2007 (as so amended, the “Agreement”). Capitalized terms used but not defined herein shall have the meanings set forth in the Agreement.

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SECOND AMENDMENT TO STIPULATION AND ORDER
Stipulation and Order • October 16th, 2007 • Bluegreen Corp • Real estate agents & managers (for others) • Florida

THIS SECOND AMENDMENT TO STIPULATION AND ORDER (this “Amendment”) is made and entered into as of the 15th day of October, 2007, by and between David A. Siegel, David A. Siegel Revocable Trust, Central Florida Investments (collectively, the “Shareholders”) and Bluegreen Corporation, a Massachusetts corporation (the “Company”).

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