0001104659-06-066816 Sample Contracts

Change of Control Agreement
Meritage Homes CORP • October 16th, 2006 • Operative builders • Texas

The Board of Directors believes that it is in the best interests of Meritage Homes Corporation (“Meritage”) to take appropriate steps to allay any concerns you may have about your future employment opportunities with Meritage and its subsidiaries (Meritage and its subsidiaries are collectively referred to as the “Company”). As a result, the Board has decided to offer to you the benefits described below in this Change of Control Agreement.

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STEVEN DAVIS EMPLOYMENT AGREEMENT
Steven Davis Employment Agreement • October 16th, 2006 • Meritage Homes CORP • Operative builders • Arizona

This Employment Agreement (the “Agreement”) is effective as of October 16, 2006 by and between Meritage Homes Corporation, a Maryland corporation (the “Company”) and Steven Davis, an individual (“Executive”).

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