0001437749-17-015703 Sample Contracts

MARKET SHARE UNIT AGREEMENT (Pre-tax Profit Performance Vesting)
Market Share Unit Agreement • September 7th, 2017 • Hovnanian Enterprises Inc • Operative builders • Delaware

Participant: Date of Grant: Target Number of MSUs: Grant Price: Maximum Number of MSUs: Dates of Vesting: Date Number of Eligible MSUs Per Vesting Date at Target Level

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MARKET SHARE UNIT AGREEMENT (Gross Margin Improvement Performance Vesting)
Hovnanian Enterprises Inc • September 7th, 2017 • Operative builders • Delaware

Participant: Date of Grant: Target Number of MSUs: Grant Price: Maximum Number of MSUs: Dates of Vesting: Date Number of Eligible MSUs Per Vesting Date at Target Level

Sample 1
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