0001437749-16-024659 Sample Contracts

Contract
Restricted Stock Agreement • February 3rd, 2016 • MDC Holdings Inc • Operative builders • Delaware

Lapse Schedule: Except as provided otherwise in this Agreement and the Plan, and subject to Employee’s continuous employment with the Company from the Award Date through each lapse date set forth below, the Forfeiture Restrictions shall lapse as to the Restricted Stock in accordance with the following schedule:

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