0001275477-06-000081 Sample Contracts

OPTEUM INC. (FORMERLY BIMINI MORTGAGE MANAGEMENT, INC.) RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • December 20th, 2006 • Opteum Inc. • Real estate investment trusts • Florida

WHEREAS, the Company maintains the Opteum Inc. (formerly Bimini Mortgage Management, Inc.) 2003 Long Term Incentive Compensation Plan (the “Plan”) (capitalized terms used but not defined herein shall have the respective meanings ascribed thereto by the Plan);

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OPTEUM INC. (FORMERLY BIMINI MORTGAGE MANAGEMENT, INC.) PHANTOM SHARE AWARD AGREEMENT
Phantom Share Award Agreement • December 20th, 2006 • Opteum Inc. • Real estate investment trusts • Florida

WHEREAS, the Company maintains the Opteum Inc. (formerly Bimini Mortgage Management, Inc.) 2003 Long Term Incentive Compensation Plan, as it may be amended from time to time (the “Plan”) (capitalized terms used but not defined herein shall have the respective meanings ascribed thereto by the Plan);

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