0001206774-11-000564 Sample Contracts

NOVASTAR FINANCIAL, INC. STOCK OPTION AGREEMENT (W. Lance Anderson)
Stock Option Agreement • March 21st, 2011 • Novastar Financial Inc • Real estate agents & managers (for others) • Maryland

THIS STOCK OPTION AGREEMENT (this “Agreement”), dated this 15th day of March, 2011 (the “Date of Grant”), is by and between NovaStar Financial, Inc., a Maryland corporation (the “Company”) and W. Lance Anderson, an individual employee of the Company (the “Optionee”). The Company and the Optionee are sometimes referred to herein individually as a “Party” and collectively as the “Parties”.

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REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • March 21st, 2011 • Novastar Financial Inc • Real estate agents & managers (for others) • Maryland

This REGISTRATION RIGHTS AGREEMENT, dated as of March 15, 2011 (this “Agreement”), is made by and between NovaStar Financial, Inc., a Maryland corporation (the “Company”) and W. Lance Anderson (“Anderson”).

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