SCHULER HOMES, INC. STOCK PURCHASE AGREEMENT I hereby elect to participate in the Employee Stock Purchase Plan (the "ESPP") for the offering period specified below, and I hereby subscribe to purchase shares of Common Stock of Schuler Homes, Inc. (the...Stock Purchase Agreement • July 31st, 1998 • Schuler Homes Inc • Operative builders
Action Complete Sections: ------ ------------------ SECTION 1: / / New Enrollment 2, 3, 6, 7 AND sign attached ACTIONS Stock Purchase Agreement / / Payroll Deduction Change 2, 4, 7 / / Terminate Payroll Deductions 2, 5, 7 / / Beneficiary Change 2, 6, 7Employee Stock Purchase Plan • July 31st, 1998 • Schuler Homes Inc • Operative builders
----------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------- SECTION 3: Effective with the Purchase Interval Beginning: Payroll Deduction Amount: _____% of cash earnings* NEW / / March 1, 199_ ENROLLMENT / / September 1, 199_ * Must be a multiple of 1% up to a maximum of 15% of / / Initial Offering Period -- August 1, 1998 cash earnings
