CAVCO INDUSTRIES, INC.Cavco Industries Inc • May 20th, 2005 • Mobile homes
Effective _____________ , you have been granted a Non-qualified Option to purchase up to ______ shares of the common stock, par value $.01 per share, of Cavco Industries, Inc., a Delaware Corporation (the “Company”), for $ _______ per share (the “Option”). This Option is granted under the Cavco Industries, Inc. Stock Incentive Plan (as such plan may be amended from time to time, the “Plan”). A copy of the Plan is available to you upon request to the Corporate Secretary during the term of this Option. This Option will terminate upon the close of business on [date not later than seven years from grant date], unless earlier terminated as described herein or in the Plan. This Option will vest and become exercisable in the amounts and on the dates shown below:
Correction Amendment to Credit AgreementCredit Agreement • May 20th, 2005 • Cavco Industries Inc • Mobile homes
This agreement is dated as of November 10, 2004, by and between Cavco Industries, Inc. (the “Borrower”) and Bank One, NA, with its main office in Chicago, IL (the “Bank”), and its successors and assigns. The provisions of this agreement are effective on the date that this agreement has been executed by all of the signers and delivered to the Bank (the “Effective Date”). This is a Correction Amendment to Credit Agreement and supercedes and replaces that certain Amendment to Credit Agreement (“Prior Amendment”) dated as of July 13, 2004 between Borrower and Bank wherein certain mistakes were made in the amending provisions of the Prior Amendment. The Prior Amendment is hereby rendered null and void and of no force or effect.
