Document:

Restricted Stock Agreement

 Exhibit 10.18 
  
 RESTRICTED STOCK AGREEMENT 
  
 This Restricted Stock Agreement (“Agreement”) is made and entered into as of the 31st day of March, 2006, by and among MCP-MSC Acquisition,
Inc., a Delaware corporation (the “Company”), and Patrick G. Dills (“Stockholder”). 
 WHEREAS, pursuant to the
Employment Agreement dated March 31, 2006 with an effective date of February 15, 2006 and by and between the Company and the Stockholder (the “Employment Agreement”), the Company agreed to issue to the Stockholder 900,000 shares
(the “Restricted Shares”) of the common stock in the Company, $0.001 par value per share (“Common Stock”), subject to the terms and conditions set forth herein; 
 NOW, THEREFORE, the Stockholder and the Company agree as follows: 
 1. Acquisition of Restricted Shares. The Stockholder hereby purchases from the Company, and the Company hereby sells to the Stockholder, the Restricted Shares at a purchase price of $0.001 per share (the “Original Purchase
Price”). The Restricted Shares and any shares of capital stock of the Company acquired by the Stockholder as a result of any subdivision, combination or reclassification of Restricted Shares into a greater or smaller number of shares,
recapitalization, reorganization, stock split, stock dividend or similar event (each a “Recapitalization Event”), are referred to herein as the “Shares” and such Shares are subject to the terms and conditions of this Agreement.

 2. Representations and Warranties. The Stockholder represents, warrants and covenants as follows: 
 2.1. The Stockholder has full legal capacity, power, and authority to execute and deliver this Agreement and the Stockholders’ Agreement dated as of
March 31, 2005, as from time to time in effect, among the Issuer, Monitor Clipper Equity Partners II, L.P., Monitor Clipper Equity Partners II (NQP), L.P. and the other parties thereto (the “Stockholders’ Agreement”) and to
perform the Stockholder’s obligations hereunder and thereunder. This Agreement and the Stockholders’ Agreement has been duly executed and delivered by the Stockholder and are the legal, valid, and binding obligations of the Stockholder
enforceable against the Stockholder in accordance with the terms hereof and thereof. 
 2.2. The execution, delivery, and performance by the
Stockholder of this Agreement and the Stockholders’ Agreement and the consummation by the Stockholder of the transactions contemplated hereby and thereby will not, with or without the giving of notice or lapse of time, or both (i) violate
any provision of law, statute, rule or regulation to which the Stockholder is subject, (ii) violate any order, judgment or decree applicable to the Stockholder, or (iii) conflict with, or result in a breach of default under, any term or
condition of any agreement or other instrument to which the Stockholder is a party or by which the Stockholder is bound. 
 2.3. Except as
provided by this Agreement and the Stockholders’ Agreement, the Stockholder is not a party to or subject to any agreement or arrangement with respect to the voting or transfer of the Shares. 
  

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 2.4. The Stockholder has thoroughly reviewed this Agreement and the Stockholders’ Agreement in their
entirety. The Stockholder has had an opportunity to obtain the advice of counsel (other than counsel to the Company or its affiliates) prior to executing this Agreement, and fully understands all provisions of this Agreement and the
Stockholders’ Agreement. 
 2.5. The Stockholder is acquiring the Shares solely for the Stockholder’s own account for investment
and not with a view to or for sale in connection with any distribution of the Shares or any portion thereof and not with any present intention of selling, offering to sell or otherwise disposing of or distributing the Shares or any portion thereof
in any transaction other than a transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The Stockholder further represents that the entire legal and beneficial interest of the Shares is
being acquired, and will be held, for the account of the Stockholder only and neither in whole nor in part for any other person. 
 2.6. The
Stockholder was not presented with or solicited by any form of general solicitation or general advertising, including, but not limited to, any advertisement, article, notice, or other communication published in any newspaper, magazine, or similar
media, or broadcast over television, radio or similar communications media, or presented at any seminar or meeting whose attendees have been invited by any general solicitation or general advertising. 
 2.7. The Stockholder’s principal residence is located at the address indicated in Exhibit A hereto. 
 2.8. The Stockholder is aware of the Company’s business affairs and financial condition and has acquired sufficient information about the Company to
reach an informed and knowledgeable decision to acquire the Shares. The Stockholder further represents and warrants that the Stockholder has discussed the Company and its plans, operations and financial condition with its officers, has received all
such information as the Stockholder deems necessary and appropriate to enable the Stockholder to evaluate the financial risk inherent in acquiring the Shares and has received satisfactory and complete information concerning the business and
financial condition of the Company in response to all inquiries in respect thereof. 
 2.9. The Stockholder has either (i) a preexisting
personal or business relationship with the Company or any of its officers, directors, or controlling persons, consisting of personal or business contacts of a nature and duration to enable the Stockholder to be aware of the character, business
acumen and general business and financial circumstances of the person with whom such relationship exists, or (ii) such knowledge and experience in financial and business matters as to make the Stockholder capable of evaluating the merits and
risks of an investment in the Shares and to protect the Stockholder’s own interests in the transaction, or (iii) both such relationship and such knowledge and experience. 
 2.10. The Stockholder can afford the complete loss of the value of the Shares and is able to bear the economic risk of holding such Shares for an
indefinite period. 
 2.11. The Stockholder understands that (x) the Shares have not been registered under the Securities Act and are
“restricted securities” within the meaning of Rule 144 under the Securities Act, (y) the Shares cannot be sold, transferred or otherwise disposed of unless they 

  

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are subsequently registered under the Securities Act or an exemption from registration is then available and (z) in any event, the exemption from
registration under Rule 144 will not be available unless a public market then exists for the Common Stock, adequate information concerning the Company is then available to the public, and other terms and conditions of Rule 144 are complied with.

 2.12. The Stockholder has executed and delivered to the Company a joinder to the Stockholders’ Agreement pursuant to which
Stockholder became a party to the Stockholders’ Agreement as an “Other Investor” (as such term is used in the Stockholders’ Agreement). The Stockholder understands and agrees that all of the Shares shall be subject to the
Stockholders’ Agreement as “Other Investor Shares” (as such term is used in the Stockholders’ Agreement), it being understood for the avoidance of doubt that all shares of Common Stock of the Company acquired by the Stockholder
pursuant to any exercise under a stock option plan or agreement to which he may be a party shall be subject to the Stockholders’ Agreement as “Manager Shares” (as such term is used in the Stockholders’ Agreement). 
 2.13. Subject to the obligations of the Company to Executive pursuant to the provisions of Sections 4(c) of the Employment Agreement, the Stockholder
agrees to pay to the Company from time to time any applicable withholding and employment taxes that will be owed as a result of Stockholder’s receipt of the Shares and the vesting thereof. 
 2.14. Stockholder has had the opportunity to consult with his own tax advisor regarding the tax consequences of entering into this Agreement. 

3. Repurchase Rights. 
 3.1. If the
Stockholder’s employment with the Company or any of its subsidiaries (collectively, “MSC”) is terminated by MSC or by the Stockholder voluntarily for any reason, or no reason, with or without “Cause” or “Good
Reason” (as each such term is used in the Employment Agreement), the Company (or, at the Company’s election, any parent or subsidiary of the Company) shall have the right to purchase (“Repurchase Right”), and the Stockholder
shall, at the election of the Company, be obligated to sell all or any part of the Unvested Shares (as such term is defined below) owned by him at the time of termination, and, if the Stockholder’s employment with MSC is terminated by MSC for
Cause or the Stockholder’s violation of any of Sections 10, 11 or 12 of the Employment Agreement, all or any part of the Vested Shares (as such term is defined below), in each case at the purchase price and on the terms provided in
Section 3.2. 
 3.2. The Company may exercise its Repurchase Right by giving written notice to the Stockholder (or his legal
representatives) at any time within 60 days following the termination of his employment with MSC, specifying the number of Vested Shares and Unvested Shares (as applicable) it wishes to purchase. The purchase price per Vested Share and Unvested
Share shall be its Original Purchase Price (subject to equitable adjustment upon the occurrence of any Recapitalization Event). 
 3.3.
Within thirty (30) days after receipt of the notice of the exercise of any Repurchase Right described in this Agreement, the Stockholder (or his legal representatives) 

  

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shall deliver to the Company the certificate(s), together with duly executed stock powers, representing the Vested Shares and Unvested Shares being
repurchased by the Company, against payment to the Stockholder (or his legal representatives), in the manner provided in Section 5, for the aggregate purchase price for such Vested Shares and Unvested Shares. Upon the date of such notice from
the Company to the Stockholder (or his legal representatives), the interest of the Stockholder (and of his legal representatives) in the Vested Shares and Unvested Shares specified in such notice shall automatically terminate, except for the right
to receive payment from the Company for such Vested Shares and Unvested Shares. 
 4. Vesting and Release of Shares from Repurchase Rights.

 4.1. The Term “Unvested Shares” shall initially include all of the Shares. 
 4.2. On February 14th of each of 2007, 2008 and 2009, one-third of the Shares shall become Vested Shares. 
 4.3. In addition, if a Change in
Control (as such term is defined in the Employment Agreement) shall occur, all Shares which are not then Vested Shares shall become Vested Shares. 
 4.4. From and following the first date that any Vested Share is sold in compliance with the Stockholders’ Agreement in connection with or following a Change in Control,, the Repurchase Rights of the Company shall terminate and the
provisions of Section 3 shall no longer be applicable with respect to such Share. 
 5. Method of Payment. The Company shall pay the purchase
price for any Shares repurchased by it hereunder in cash. 
 6. Restrictions on Transfer. In no event, without limitation, may the Stockholder sell,
assign, transfer, pledge, mortgage, encumber or dispose of all or any of the Shares except to the Company or as expressly provided in the Stockholders’ Agreement. Any attempted sale, assignment, transfer, pledge, hypothecation, mortgage,
disposition or encumbrance of any Shares other than in accordance with this Agreement and the Stockholders’ Agreement shall be null and void and the Company shall not (1) recognize any such sale, assignment, transfer, pledge,
hypothecation, mortgage, disposition or encumbrance or (2) reflect in its stock register any change in registered ownership pursuant thereto. 
 7.
Escrow Arrangement. 
 7.1. As security for the faithful performance by the Stockholder of the terms of this Agreement and to ensure
the availability for delivery of the Shares upon exercise of the Company’s right to repurchase as set forth in Section 3, the Stockholder agrees to deliver to and deposit with the Company, as escrow agent (herein called in this capacity
the “Escrow Agent”), concurrently with the execution hereof, a stock assignment duly endorsed to the Company (with date and number of Shares blank), together with the certificate or certificates evidencing the Shares. Said documents are to
be held by the Escrow Agent and delivered by the Escrow Agent pursuant to the terms hereinafter provided: 
  

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 7.2. In the event the Company exercises its right to repurchase as set forth in Section 3, the
Company shall give to the Stockholder and the Escrow Agent a written notice specifying the number of Shares which it is electing to repurchase, the appropriate purchase price, and the time for a closing hereunder at the Company’s offices. At
the closing, the Escrow Agent shall complete the stock assignment held in escrow and endorsed by such Stockholder and shall deliver the same, together with any certificates evidencing the Shares to be transferred, to the Company against the
simultaneous delivery to the Stockholder of payment in the form specified in Section 5 above to such Stockholder for the aggregate purchase price for the Shares which the Company has repurchased. In the event the Escrow Agent tenders to the
Company a certificate or certificates for more than the number of Shares being purchased, then the Company shall deliver to the Escrow Agent an appropriate replacement certificate registered in the Stockholder’s name, and the Escrow Agent shall
deliver such replacement certificate to such Stockholder. 
 7.3. The Stockholder irrevocably authorizes the Company to deposit with the
Escrow Agent any certificates evidencing Shares to be held by the Escrow Agent hereunder and any securities issued in exchange for or in respect of said Shares. The Stockholder does hereby irrevocably constitute and appoint the Escrow Agent as his
attorney-in-fact and agent for the term of this escrow to execute with respect to such securities all documents necessary or appropriate to make such Shares and other securities negotiable and to complete any transactions herein contemplated.
Subject to the provisions of this Section 7, the Stockholder shall exercise all rights and privileges of a stockholder of the Company while the Shares are held by the Escrow Agent. 
 7.4. All reasonable costs, fees and disbursements incurred by the Escrow Agent in connection with the performance of its duties hereunder shall be borne
by the Company. 
 8. Failure to Deliver Shares. If the Stockholder becomes obligated to sell Shares to the Company under this Agreement and fails to
deliver such Vested Shares or Unvested Shares to the Company in accordance with the terms of this Agreement, the Company may, at its option, in addition to all other remedies it may have, send to the Stockholder by registered mail, return receipt
requested, the purchase price for such Shares, determined as is herein specified. Thereupon, the Company, upon written notice to the Stockholder, (i) shall cancel on its books the certificate or certificates representing the Shares to be sold;
and (ii) shall issue, in lieu thereof, a new certificate or certificates in the name of the Company entitled thereto representing such Shares which may remain; and thereupon all of the Stockholder’s rights in and to such Shares shall
terminate. 
 9. Rights as Stockholder, Adjustments. It is understood that the Stockholder has the right to vote all of the Shares held by him and
that he shall be entitled to all dividends or distributions made by the Company arising in respect of the Shares, in cash, stock or other property, including warrants, options or other rights, subject to the provisions of the Stockholders Agreement.
Upon the happening of any Recapitalization Event, the number of Shares or other securities that may be repurchased under this Agreement and the purchase price therefor shall be appropriately adjusted by the Board, whose determination shall be
conclusive. 
  

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 10. Indemnity. The Stockholder hereby indemnifies and agrees to hold the Company harmless from and against all
losses, damages, liabilities and expenses (including without limitation reasonable attorneys fees and charges) resulting from any breach of any representation, warranty, or agreement of the Stockholder in this Agreement. 
 11. Legend. All certificates evidencing any of the Shares subject to this Agreement shall bear a legend in substantially the following form (the “Restricted
Stock Legend”), in addition to any other legends that may be required under federal or state securities laws or the Stockholders’ Agreement: 
  

	
	“The shares represented by this certificate are subject to restrictions on transfer and may not be sold, exchanged, transferred, pledged, hypothecated or otherwise disposed of except in
accordance with and subject to all the terms and conditions of a certain Restricted Stock Purchase Agreement, as amended, a copy of which the Company will furnish to the holder of this certificate upon request and without
charge.”

 Subject to the Repurchase Rights pertaining to Vested Shares in Section 3 above, from and following the date
that any Share becomes a Vested Share, the Stockholder may, at his option or election, deliver to the Escrow Agent and the Company a direction to release any such Vested Share(s) from the escrow arrangement of Section 7 hereof and remove the
Restricted Stock Legend from the certificate or certificates evidencing such Vested Share(s). Promptly thereafter, the Escrow Agent and Company shall undertake such actions as are necessary to deliver to the Stockholder a certificate or
certificates, with the Restricted Stock Legend removed, representing such Vested Shares, including such actions as delivering appropriate replacement certificates registered in the Stockholder’s name (a) to the Stockholder directly in the
case of Vested Shares, with the Restricted Stock Legend removed and (b) to the Escrow Agent in the case of any remaining Unvested Shares, with the Restricted Stock Legend in place. All costs and expenses incurred in connection with removal of
the Restricted Stock Legend shall be borne by the Company. 
 12. No Obligation as to Employment. The Company and MSC are not by reason of this
Agreement obligated to continue to employ the Stockholder in any capacity. 
 13. Governing Law; Successors and Assigns. This Agreement shall be
construed in accordance with and governed by the laws of Delaware and shall be binding upon the heirs, personal representatives, executors, administrators, successors and assigns of the parties. 
 14. Notices. All notices given hereunder shall be in writing and shall be personally delivered, mailed, postage prepaid, telecopied or telegraphed or delivered by
any nationally recognized delivery service to the address specified below or such other address of a party (as such party may subsequently notify the other parties in writing: 
  

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 If to the Company: 
  

			
	c/o Monitor Clipper Partners, LLC
	Two Canal Park, Fourth Floor
	Cambridge, MA 02141
	Attn:	 	Peter S. Laino
	Fax:	 	(617) 252-2211

 with a copy to: 
  

			
	Ropes & Gray LLP
	One International Place
	Boston, MA 02110-2624
	Attn:	 	Winthrop G. Minot
	Fax:	 	(617) 951-7050

 If to the Stockholder: 
  

			
	Patrick G. Dills
	 114 E. Sixth Street
 Hinsdale, IL
60521

	Fax:	 	(630) 920-0654

 with a copy to: 
  

			
	Schwartz Cooper
	180 N. LaSalle Street Suite 2700
	Chicago, Illinois 60601
	Attn:	 	Michael J. Legamaro
	Fax:	 	(312) 264-2506

 15. Entire Agreement and Amendments. This Agreement and the Stockholders’ Agreement constitute the
entire agreement of the parties with respect to the subject matter hereof and may not be modified, amended or terminated except by an agreement signed by the Company and the Stockholder. 
 16. Waivers. No waiver of any breach or default hereunder shall be considered valid unless in writing, and no such waiver shall be deemed a waiver of any subsequent breach or default of the same or similar
nature. 
 17. Severability. If any provision or this Agreement shall be held to be illegal, invalid or unenforceable, such illegality, invalidity or
unenforceability shall attach only to such provision and shall not in any manner affect or render illegal, invalid or unenforceable any other severable provision of this Agreement, and this Agreement shall be carried out as if any such illegal,
invalid or unenforceable provision were not contained herein. 
  

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 18. Counterparts. This Agreement may be executed in counterparts, and not all
parties need execute the same counterpart. 
 IN WITNESS WHEREOF, this Agreement has been executed as an instrument under seal as of the date
and year first above written. 
  
  

			
	MCP-MSC Acquisition, Inc.
		
	By:	 	/s/    Adam Doctoroff
		 	Name: Adam Doctoroff
		 	Title
	
	STOCKHOLDER:
	
	/s/    Patrick G. Dills
	Patrick G. Dills

  

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 EXHIBIT A 
  

			
	NAME AND ADDRESS:	  	 Patrick G.
Dills
 114 E. Sixth Street
 Hinsdale, IL
60521

	 NUMBER OF RESTRICTED SHARES

 
  
	  	900,000
	 PRICE PER SHARE
  
  
	  	$0.001
	 FAIR MARKET VALUE PER SHARE*
  
	  	$0.88

 * The fair market value of the Restricted Shares is an estimate and subject
to change. 

 [Stock Power Separate from Certificate] 
  
 FOR VALUE RECEIVED,
                                        
                         hereby sells, assigns and transfers unto MCP-MSC Acquisition, Inc.
                         shares of the common stock, par value $0.001 per share, of MCP-MSC Acquisition, Inc. (the
“Corporation”) represented by Certificate No.             , and does hereby irrevocably constitute and appoint
                                        
as its attorney to transfer the said stock on the books of the Corporation with full power of substitution. 
  
  

					
		 		 	Assignor:
	  	 		 	  
	Witness	 		 	Name:

  
  
  
  

	Dated:	                                      
                      , 200Amended and Restated 2003 Stock Option and Incentive Equity Plan

 Exhibit 10.1 
 DOMINION HOMES, INC. 
 AMENDED AND RESTATED 2003 STOCK OPTION 
 AND INCENTIVE EQUITY PLAN 
 (adopted
March 11, 2003, as amended and restated May 12, 2004 and June 8, 2004, and as 
 amended May 10, 2006) 
 1.00 PURPOSE 
 Effective March 11, 2003, the
Company adopted the Dominion Homes, Inc. 2003 Stock Option and Incentive Equity Plan to foster and promote its long-term financial success and to materially increase shareholder value [1] by providing Employees and Eligible Directors an
opportunity to acquire an ownership interest in the Company and [2] by enabling the Company to attract and retain the services of outstanding Employees and Eligible Directors upon whose judgment, interest and special efforts the
successful conduct of the Company’s business is largely dependent. 
 2.00 DEFINITIONS 
 When used in this Plan, the following terms have the meanings given to them in this section unless another meaning is expressly provided elsewhere in this document or
clearly required by the context. When applying these definitions, the form of any term or word will include any of its other forms. 
 2.01 Act. The
Securities Exchange Act of 1934, as amended. 
 2.02 Affiliated SAR. An SAR that is granted in conjunction with an Option and which is always deemed
to have been exercised at the same time that the related Option is exercised. The deemed exercise of an Affiliated SAR will not reduce the number of shares of Stock subject to the related Option, except to the extent of the exercise of the related
Option. 
 2.03 Annual Meeting. The annual meeting of the Company’s shareholders. 
 2.04 Award. Any Incentive Stock Option, Nonstatutory Stock Option, Performance Share, Performance Unit, Restricted Stock, Whole Share and Stock Appreciation Right issued under the Plan. During any single Plan
Year, no Participant may be granted SARs affecting more than 50,000 shares of Stock allocated to the Plan (adjusted as provided in Section 5.03) and Options affecting more than 50,000 shares of Stock allocated to this Plan (adjusted as provided
in Section 5.03), including Options and SARs that are cancelled [or deemed to have been cancelled under Treas. Reg. §1.162-27(e)(2)(vi)(B)] during the Plan Year issued. 
 2.05 Award Agreement. The written agreement described in Section 4.03. 
  

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 2.06 Beneficiary. The person a Member designates to receive (or exercise) any Plan benefits (or rights) that are
unpaid (or unexercised) when he or she dies. A Beneficiary may be designated only by following the procedures described in Section 13.02; neither the Company nor the Committee is required to infer a Beneficiary from any other source.

 2.07 Board. The Company’s Board of Directors. 
 2.08 Cause. Unless the Committee specifies otherwise in the Award Agreement, with respect to any Member: 
 [1] Any
unauthorized disclosure of the Company’s or any Subsidiary’s business practices or accounts to a competitor that results in serious damage to the Company; 
 [2] Willful and wrongful misappropriation of funds, property or rights of the Company or any Subsidiary that results in serious damage to the Company or any Subsidiary; 
 [3] Willful and wrongful destruction of business records or other property that results in serious damage to the Company or any Subsidiary;

 [4] Conviction of a felony involving moral turpitude; 
 [5] Conviction of a misdemeanor involving moral turpitude but only if the conviction arose as part of a plea bargain and relates to acts that were originally charged as felonies; 
 [6] Gross and willful misconduct that results in serious damage to the Company or any Subsidiary; 
 [7] Material breach of, or inability to perform, regularly assigned duties, other than by reason of disability (as defined in the Company’s
short-term disability plan); or 
 [8] A Member’s failure to return to active employment with the Company or any Subsidiary within
30 days after the end of any disability (as defined in the Company’s short-term disability plan) but only if that period ends before the Member’s Retirement. 
 2.09 Change in Control. The occurrence of any of the following events: 
 [1] Douglas Borror and
David Borror both cease to be members of the Board; or 
 [2] Any direct or indirect acquisition by a “person,” including a
“group” [as such terms are used in Sections 13(d) and 14(d)(2) of the Securities Exchange Act of 1934, as amended (“Act”)] after which the “person” or “group” is the “beneficial owner” (as defined in
Rule 13d-3 under the Act), directly or indirectly, of securities of the Company representing more than 40 percent of the combined voting power of the Company’s then outstanding securities; provided, however, that “person” or
“group” will not include [a] the Company, [b] any entity under common control with the Company (within the meaning of Code §414), [c] BRC 
  

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 Properties Inc. or any of its shareholders or members of the family (as defined in Code §318) of Donald Borror or
[d] any employee benefit plan of any entity described in Section 2.09[2][a], [b] and/or [c] of this definition; or 
 [3]
The adoption or authorization by the shareholders of the Company of a definitive agreement or a series of related agreements [a] for the merger or other business combination of the Company with or into another entity in which the
shareholders of the Company immediately before the effective date of that merger or other business combination own less than 50 percent of the voting power in the entity immediately after the effective date of that merger or other business
combination or [b] for the sale or other disposition of all or substantially all of the assets of the Company; or 
 [4]
The adoption by the shareholders of the Company of a plan relating to the liquidation or dissolution of the Company. 
 2.10 Change in Control
Price. The highest price per share of Stock offered in conjunction with any transaction resulting in a Change in Control (as determined in good faith by the Committee if any part of the offered price is payable other than in cash) or, in the
case of a Change in Control occurring solely by reason of events not related to a transfer of Stock, the highest Fair Market Value of a share of Stock on any of the 30 consecutive trading days ending on the last trading day before the Change in
Control occurs. 
 2.11 Code. The Internal Revenue Code of 1986, as amended, and any regulations issued under the Code and any applicable regulations
or rulings issued under the Code. 
 2.12 Committee. 
 [1] In the case of Awards to Eligible Directors, the Board; or 
 [2] In the case of all other
Awards, the Board’s Compensation Committee which also constitutes a “compensation committee” within the meaning of Treas. Reg. §1.162-27(c)(4). The Committee will be comprised of at least three persons [a] each
of whom is [i] an outside director, as defined in Treas. Reg. §1.162-27(e)(3)(i), and [ii] a “non-employee” director within the meaning of Rule 16b-3 under the Act and [b] none of whom may receive
remuneration from the Company or any Subsidiary in any capacity other than as a director, except as permitted under Treas. Reg. §1.162-27(e)(3)(ii). 
 2.13 Company. Dominion Homes, Inc., an Ohio corporation 
 2.14 Director Option. A Nonstatutory Stock Option granted to an Eligible
Director under Section 6.05. 
 2.15 Disability. Unless the Committee specifies otherwise in the Award Agreement: 
 [1] With respect to any Award other than an Incentive Stock Option, a Participant’s 
  

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 inability due to illness, accident or otherwise to perform his duties for the period of time during which
benefits are payable to the Participant under the Company’s short-term disability plan, as determined by an independent physician selected by the Committee and reasonably acceptable to the Participant (or to his or her legal representative),
provided that the Participant does not return to work on a substantially full-time basis within 30 days after the Company notifies the Participant that his employment is being terminated because of his or her Disability; or 
 [2] With respect to an Incentive Stock Option, as defined in Code §22(e)(3). 
 2.16 Effective Date. With respect to the Plan, March 11, 2003 and with respect to this amendment and restatement, the earlier of the date this amended and restated document is adopted by the Board or the
date it is approved by the Company’s shareholders. 
 2.17 Eligible Director. A person who, on an applicable Grant Date [1] is an
elected member of the Board (or has been appointed to the Board to fill an unexpired term and will continue to serve at the expiration of that term only if elected by shareholders) and [2] is not an Employee. For purposes of applying
this definition, an Eligible Director’s status will be determined as of the Grant Date applicable to each affected Award. 
 2.18 Employee. Any
person who, on an applicable Grant Date, is a common law employee of the Company or any Subsidiary and is performing services and to whom the Committee has granted an Award. A worker who is classified as other than a common law employee but who is
subsequently reclassified as a common law employee of the Company for any reason and on any basis will be treated as a common law employee only from the date of that determination and will not retroactively be reclassified as an Employee for any
purpose of this Plan. 
 2.19 Exercise Price. The price at which a Member may exercise an Award. 
 2.20 Fair Market Value. The value of one share of Stock on any relevant date, determined under the following rules: 
 [1] If the Stock is traded on the Nasdaq National Market or on an exchange, the reported “closing price” on the last trading day before
the relevant date; 
 [2] If the Stock is traded over-the-counter with no reported closing price, the mean between the lowest bid and
the highest asked prices on that quotation system on the last trading day before the relevant date; or 
 [3] If neither
Section 2.20[1] nor Section 2.20[2] applies, the fair market value as determined by the Committee in good faith. 
 2.21 Freestanding SAR.
An SAR that is not associated with an Option and is granted under Section 9.00. 
 2.22 Grant Date. The date an Award is granted to a
Participant, whether or not an Award Agreement is required. 
  

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 2.23 Incentive Stock Option. Any Option granted under Section 6.00 that meets the conditions imposed under
Code §422(b). 
 2.24 Member. Each Participant and Terminated Participant to whom an Award has been granted and which has not expired under the
terms of the Award Agreement or as provided in Section 10.00. 
 2.25 Nonstatutory Stock Option. Any Option granted under Section 6.00 that
is not an Incentive Stock Option. 
 2.26 Option. The right granted under the Plan to purchase a share of Stock at a stated price for a specified
period of time. An Option may be either [1] an Incentive Stock Option or [2] a Nonstatutory Stock Option. 
 2.27 Participant.
Any Employee or Eligible Director who has not Terminated. 
 2.28 Performance Goal. The conditions that must be met before an Employee will earn a
Performance Share or Performance Unit. 
 2.29 Performance Period. The period over which the Committee will determine if applicable Performance Goals
have been met. 
 2.30 Performance Share. An Award granted under Section 8.00. 
 2.31 Performance Unit. An Award granted under Section 8.00. 
 2.32 Plan. The Dominion Homes, Inc. 2003
Stock Option and Incentive Equity Plan. 
 2.33 Plan Year. The Company’s fiscal year. 
 2.34 Prior Plan. The Dominion Homes, Inc. Incentive Stock Plan. 
 2.35 Restricted Stock. An Award granted under Section 7.00. 
 2.36 Restriction Period. The period over which the Committee will
determine if an Employee has met conditions placed on Restricted Stock. 
 2.37 Retirement. Unless the Committee specifies otherwise in the Award
Agreement, the date an Employee Terminates on or after reaching age 55. 
 2.38 Stock. A common share, without par value, issued by the Company.

 2.39 Stock Appreciation Right (or “SAR”). An Award granted under Section 9.00 that is a Tandem SAR, an Affiliated SAR or a
Freestanding SAR. 
  

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 2.40 Subsidiary. Any corporation, partnership or other form of unincorporated entity of which the Company owns,
directly or indirectly, 50 percent or more of the total combined voting power of all classes of stock if the entity is a corporation; or of the capital or profits interest, if the entity is a partnership or another form of unincorporated entity.

 2.41 Tandem SAR. An SAR that is associated with an Option and which expires when that Option expires or is exercised, as described in
Section 9.00. 
 2.42 Termination or Terminated. Unless the Committee specifies otherwise in the Award Agreement, [1] cessation of
the employee-employer relationship between an Employee and the Company and all Subsidiaries for any reason or [2] cessation of an Eligible Director’s service on the Board for any reason. However, a Member will not be treated as
having Terminated if, without interruption, his or her status changes from Employee to Eligible Director or, if the Company agrees, from Employee or Eligible Director to consultant. 
 2.43 Whole Share. A share of Stock issued under Section 7.05. 
 3.00 PARTICIPATION

 3.01 Employees. 
 [1]
Consistent with the terms of the Plan and subject to Sections 3.02 and 3.03, the Committee will: 
 [a] Decide which Employees may
become Participants; 
 [b] Decide which Employees will be granted Awards; and 
 [c] Specify the type of Award to be granted and the terms upon which an Award will be granted. 
 [2] The Committee may establish different terms and conditions: 
 [a] For each type of Award; 
 [b] For each Employee receiving the same type of Award; and

 [c] For the same Employees for each Award the Employee receives, whether or not those Awards are granted at different times.

 3.02 Eligible Directors. Each Eligible Director [1] will become a Participant on the date he or she becomes an Eligible Director, [2]
will receive the Awards described in Section 6.05 without any further action by the Committee and [3] may be granted Awards pursuant to the provisions of Section 7.05. However, as of the date an Award is made, the Committee may
complete and deliver an Award Agreement to each affected Eligible Director describing the terms of the Award. 
  

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 3.03 Conditions of Participation. Each Participant receiving an Award agrees: 
 [1] If required by the Committee, to sign an Award Agreement acknowledging the terms of the Plan and of the Award; 
 [2] To be bound by the terms of the Award Agreement and the Plan; and 
 [3] To comply with other conditions imposed by the Committee. 
 4.00 ADMINISTRATION 

4.01 Committee Duties. The Committee is responsible for administering the Plan and has all powers appropriate and necessary to that purpose. Consistent with
the Plan’s objectives, the Committee may adopt, amend and rescind rules and regulations relating to the Plan, to the extent appropriate to protect the Company’s interests and has complete discretion to make all other decisions (including
whether a Participant has incurred a Disability) necessary or advisable for the administration and interpretation of the Plan. Any action by the Committee will be final, binding and conclusive for all purposes and upon all persons. 
 4.02 Delegation of Ministerial Duties. In its sole discretion and to the extent allowed by law and consistent with Plan objectives, the Committee may delegate any
duties associated with the Plan to any person (including Employees) that it deems appropriate. 
 4.03 Award Agreement. At the time any Award is made,
the Committee may prepare and deliver an Award Agreement to each affected Participant. The Award Agreement: 
 [1] Will describe:

 [a] The type of Award and when and how it may be exercised; 
 [b] The effect of exercising the Award; and 
 [c] Any Exercise Price associated with the Award. 
 [2] To the extent different from the terms of the Plan, will
describe: 
 [a] Any conditions that must be met before the Award may be exercised; 
 [b] Any objective restrictions placed on Restricted Stock, Performance Shares and Performance Units and any performance related conditions and
Performance Goals that must be met before those restrictions will be released; 
 [c] When and how an Award may be exercised; and

 [d] Any other applicable terms and conditions affecting the Award. 
  

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 [3] Except as provided in Section 4.03[3][d], will not: 
 [a] Establish an Exercise Price that is less than Fair Market Value on the Grant Date; 
 [b] Provide that the Restriction Period applying to any time-based Restricted Stock will be shorter than 36 consecutive calendar months beginning
after the Grant Date; or 
 [c] Provide that the Restriction Period applying to any performance-based Restricted Stock or the
Performance Period applying to any Performance Stock will be shorter than 12 consecutive calendar months beginning after the Grant Date; but 
 [d] The restrictions described in Section 4.03[3][a], [b] and [c] will not apply to Awards affecting, in the aggregate, no more than 50,000 shares, adjusted as provided in Sections 5.02 and 5.03 or to any grant of
time-based Restricted Stock that vests in equal annual increments of not more than 33-1/3 percent. 
 4.04 Repricing/Settlement. With the approval of
the Company’s shareholders, the Committee may “reprice” (as defined under rules issued by the Nasdaq National Market or any national securities exchange or system on which shares of Stock are then listed or traded) any Award on any
basis approved by the Company’s shareholders. Also, in its sole discretion, the Company may repurchase or settle any outstanding Award for cash at any time and on any basis it believes is appropriate and consistent with the Plan’s
purposes. 
 5.00 STOCK SUBJECT TO PLAN 
 5.01 Number of Shares of Stock. Subject to Sections 5.02 and 5.03, the number of shares of Stock subject to Awards under the Plan may not be larger than 1,250,000. The shares of Stock to be delivered under the Plan may consist, in
whole or in part, of treasury Stock or authorized but unissued Stock not reserved for any other purpose. 
 5.02 Cancelled, Terminated or Forfeited Awards
or Awards Settled for Cash. Any Stock subject to an Award that, for any reason, is cancelled, terminated or forfeited or otherwise settled without the issuance of the Stock may again be granted under the Plan. 
 5.03 Adjustment in Capitalization. If, after the Effective Date, there is a Stock dividend or Stock split, recapitalization (including payment of an extraordinary
dividend), merger, consolidation, combination, spin-off, distribution of assets to shareholders, exchange of shares or other similar corporate change affecting Stock, the Committee will adjust as it deems appropriate [1] the number of
Awards that may or will be issued to Participants during a Plan Year, [2] the aggregate number of shares of Stock available for Awards under Section 5.01 or subject to outstanding Awards (as well as any share-based limits imposed
under this Plan), [3] the 
  

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 respective Exercise Price, number of shares and other limitations applicable to outstanding or subsequently issued Awards
and [4] any other factors, limits or terms affecting any outstanding or subsequently issued Awards. 
 6.00 OPTIONS

 6.01 Grant of Options. The Committee may grant Options to Employees and Eligible Directors at any time during the term of this Plan. Options
may be either [1] Incentive Stock Options or [2] Nonstatutory Stock Options. However, Options issued to Eligible Directors must always be Nonstatutory Stock Options. 
 6.02 Option Price. Subject to Section 4.03[3], each Option will bear the Exercise Price the Committee specifies in the Award Agreement. However, in the case
of an Incentive Stock Option, the Exercise Price [1] will not be less than the Fair Market Value of a share of Stock on the Grant Date and [2] will be at least 110 percent of the Fair Market Value of a share of Stock on the
Grant Date with respect to any Incentive Stock Options issued to an Employee who, on the Grant Date, owns [as defined in Code §424(d)] Stock possessing more than 10 percent of the total combined voting power of all classes of Stock.

 6.03 Exercise of Options. Subject to the terms of the Plan, Options will be exercisable under the conditions specified in the Award Agreement.
However: 
 [1] Any Option to purchase a fraction of a share of Stock will be liquidated as of the date it arises and the Participant
will be given cash equal to Fair Market Value multiplied by the fractional share. 
 [2] Unless the Committee specifies otherwise in
the Award Agreement, no Employee may exercise Options for fewer than the smaller of: 
 [a] 100 shares of Stock; or 
 [b] The full number of shares of Stock for which Options are then exercisable. 
 [3] No Option may be exercised more than ten years after it is granted (five years in respect of an Incentive Stock Option, if the Employee owns
[as defined in Code §424(d)] Stock possessing more than 10 percent of total combined voting power of all classes of Stock on the Grant Date). 
 6.04
Incentive Stock Options. Notwithstanding anything in the Plan to the contrary: 
 [1] No provision of this Plan relating to
Incentive Stock Options will be interpreted, amended or altered; nor will any discretion or authority granted under the Plan be exercised, in a manner that is inconsistent with Code §422, or, without the consent of any affected Member, to cause
any Incentive Stock Option to fail to qualify for the federal income tax treatment afforded under Code §421; 
  

 -9- 

 [2] The aggregate Fair Market Value of the Stock (determined as of the Grant Date) with respect to
which Incentive Stock Options are exercisable for the first time by any Member during any calendar year (under all option plans of the Company and all Subsidiaries of the Company) will not exceed $100,000 [or other amount specified in Code
§422(d)]; and 
 [3] No Incentive Stock Option will be granted to any person who is not an Employee on the Grant Date. 

6.05 Director Options. 
 [1] On the first
business day after each Annual Meeting, each Eligible Director will be issued Director Options to purchase 2,500 shares of Stock. The Director Options issued under this section will be reduced (but not below zero) by any options issued for the same
purpose under the Prior Plan. 
 [2] Subject to the terms of the Plan and the Award Agreement, each Director Option may be exercised at
any time during the ten years beginning on the Grant Date. 
 [3] However: 
 [a] Any Director Option to purchase a fraction of a share of Stock will be liquidated as of the date it arises and the Participant will be given
cash equal to Fair Market Value multiplied by the fractional share; 
 [b] Unless the Committee specifies otherwise in the Award
Agreement, no Eligible Director may exercise Director Options for fewer than the smaller of: 
  

	 	[i]	100 shares of Stock; or 

  

	 	[ii]	The full number of shares of Stock for which Director Options are then exercisable. 

 6.06 Payment for Options. Unless the Committee specifies otherwise in the Award Agreement, the Exercise Price associated with each Option must be paid in cash. However, the Committee may, at any time and in its
discretion, develop, and extend to some or all Members, procedures through which Members may pay an Option’s Exercise Price, including allowing a Member to tender Stock he or she already has owned for at least six months before the exercise
date, either by actual delivery of the previously owned Stock or by attestation, valued at its Fair Market Value on the exercise date, as partial or full payment of the Exercise Price. 
 6.07 Transferability of Stock. Unless the Committee specifies otherwise in the Award Agreement, Stock acquired through an Option will be transferable, subject to applicable federal securities laws, the
Company’s stock trading policy, the requirements of the Nasdaq National Market or any national securities exchange or system on which shares of Stock are then listed or traded or any blue sky or state securities laws. 
  

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 7.00 RESTRICTED STOCK AND WHOLE SHARES. 
 7.01 Restricted Stock Grants. Subject to the terms of the Plan (including Section 4.03[3]) and the Award Agreement, the Committee may grant Restricted Stock
to Employees at any time during the term of this Plan. 
 7.02 Transferability. Shares of Restricted Stock may not be sold, transferred, pledged,
assigned or otherwise alienated or hypothecated until the end of the applicable Restriction Period. Restricted Stock normally will be held by the Company as escrow agent during the Restriction Period and will be distributed as described in
Section 7.03. However, at any time during the Restriction Period, the Committee may, in its sole discretion, issue the Restricted Stock to the Employee in the form of certificates containing a legend describing restrictions imposed on the
Restricted Stock. 
 7.03 Removal of Restrictions. Shares of Restricted Stock will be: 
 [1] Forfeited, if all restrictions have not been met at the end of the Restriction Period and again become available to be granted under the Plan;
or 
 [2] Released from escrow and distributed to the affected Employee (or any restrictions imposed on the distributed certificate
removed) as soon as practicable after the last day of the Restriction Period if all restrictions have then been met. 
 7.04 Rights Associated with
Restricted Stock. During the Restriction Period: 
 [1] Employees may exercise full voting rights associated with their Restricted
Stock; and 
 [2] All dividends and other distributions paid with respect to any Restricted Stock will be held by the Company as escrow
agent during the Restriction Period. At the end of the Restriction Period, these dividends will be distributed to the Employee or forfeited as provided in Section 7.03. No interest or other accretion will be credited with respect to any
dividends held in this escrow account. If any dividends or other distributions are paid in shares of Stock, those shares will be subject to the same restrictions on transferability and forfeitability as the shares of Restricted Stock with respect to
which they were issued. 
 7.05 Whole Share Grants. 
 [1] Subject to the terms of the Plan and any Award Agreement, the Committee may elect to grant Whole Shares to Eligible Directors. If, from time to time, the Committee elects to grant Whole Shares, it may issue
a number of Whole Shares equal to [a] all, or any portion, as determined by the Committee, of the Fees payable to an Eligible Director for any fiscal quarter, divided by [b] the Fair Market Value of a share of Stock on the first
day of such fiscal quarter. 
  

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 [2] Subject to the terms of the Plan and any Award Agreement, an Eligible Director may elect to
receive Whole Shares in lieu of the payment of up to 100 percent of any Fees to which such Eligible Director is otherwise entitled to receive; provided that such election is communicated to the Committee prior to the first day of the fiscal quarter
for which such Fees are otherwise payable. If an Eligible Director makes such an election, the Committee shall issue a number of Whole Shares equal to [a] the portion of the Fees elected by the Eligible Director to be paid in Whole Shares for
any fiscal quarter, divided by [b] the Fair Market Value of a share of Stock on the first day of such fiscal quarter. 
 [3] Any
Whole Shares issued under this Section 7.05 will be in lieu of any cash payment for such Fees to which the Eligible Director would otherwise be entitled. Share certificates for any Whole Shares issued under this Section 7.05 will be
distributed as soon as administratively practicable following the last day of each fiscal quarter. For purposes of this Section 7.05, ‘Fees’ means the fees otherwise payable in cash to the Eligible Director by the Company as
compensation for the Eligible Director’s service on the Board or any committee thereof for the applicable fiscal quarter of a Plan Year. 
 [4] Whole Shares may not be issued to any Participant other than Eligible Directors.” 
 8.00 PERFORMANCE SHARES AND
PERFORMANCE UNITS 
 8.01 Performance Shares and Performance Unit Grants. Subject to the terms of the Plan (including Section 4.03[3]) and
the Award Agreement, the Committee may grant Performance Shares or Performance Units to Employees at any time during the term of this Plan. However, Performance Shares and Performance Units will be granted to Participants whose compensation is
subject to Code §162(m) [“Code §162(m) Participants”] solely under the terms of Section 8.02, while Performance Shares and Performance Units will be granted to Participants who are not Code §162(m) Participants
solely under the terms of Section 8.03 
 8.02 Code §162(m) Participants. 
 [1] For each Performance Period, the Committee will establish the Performance Goal that will be applied to determine the Performance Shares or
Performance Units that may be distributed at the end of the Performance Period to any Code §162(m) Participant. 
 [2] In
establishing each affected Code §162(m) Participant’s Performance Goal, the Committee will consider the relevance of his or her assigned duties and responsibilities to factors that preserve and increase the Company’s value. These
factors will include: 
 [a] Increasing sales; 
  

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 [b] Developing new products and lines of revenue; 
 [c] Reducing operating expenses; 
 [d] Increasing customer satisfaction; 
 [e] Developing new markets and increasing the Company’s share of existing
markets; 
 [f] Meeting completion schedules; 
 [g] Increasing standardized pricing; 
 [h] Developing and managing relationships with
regulatory and other governmental agencies; 
 [i] Managing cash; 
 [j] Managing claims against the Company, including litigation; 
 [k] Identifying and completing strategic acquisitions; and 
 [l] Increasing the Company’s
book value. 
 [3] The Committee will make adjustments that appropriately reflect: 
 [a] The effect on any Performance Goal of any Stock dividend or Stock split, recapitalization (including, without limitation, the payment of an
extraordinary dividend), merger, consolidation, combination, spin-off, distribution of assets to shareholders, exchange of shares or similar corporate change. This adjustment to the Performance Goal will be made [i] to the extent the
Performance Goal is based on Stock, [ii] as of the effective date of the event and [iii] for the Performance Period in which the event occurs. Also, the Committee will make a similar adjustment to any portion of a Performance
Goal that is not based on Stock but which is affected by an event having an effect similar to those just described. 
 [b] A
substantive change in a Code §162(m) Participant’s job description or assigned duties and responsibilities. 
 [4]
Performance Goals will be established and communicated to each affected Code §162(m) Participant in an Award Agreement no later than the earlier of: 
 [a] 90 days after the beginning of the applicable Performance Period; or 
 [b] The expiration
of 25 percent of the applicable Performance Period. 
  

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 [5] As of the end of each Performance Period, the Committee will certify to the Board the extent
to which each Code §162(m) Participant has or has not met the Performance Goals established under this section. These Performance Shares or Performance Units will be: 
 [a] Forfeited, to the extent that Performance Goals have not been met at the end of the Performance Period, and again become available to be granted under the Plan; or 
 [b] Valued and distributed, in a single lump sum in the form of cash, Stock or a combination of both (as determined by the Committee) as soon as
practicable after the last day of the Performance Period, to the extent that related Performance Goals have been met. 
 8.03 Non-Code §162(m)
Participants. At its discretion, the Committee may issue Performance Shares and Performance Units to Participants who are not Code §162(m) Participants (“Non-Code §162(m) Participants”) by applying the procedures described in
Section 8.02 or on any other basis it deems appropriate. These Performance Shares or Performance Units will be: 
 [1] Forfeited,
to the extent that any Performance Goals or other standards (if any) have not been met, and again become available to be granted under the Plan; or 
 [2] Valued and distributed, in a single lump sum in the form of cash, Stock or a combination of both (as determined by the Committee) at a time determined by the Committee, to the extent that related Performance Goals (if any) have
been met. 
 8.04 Rights Associated with Performance Shares and Performance Units. During the Performance Period, and unless any Award Agreement
provides otherwise: 
 [1] Employees may not exercise voting rights associated with their Performance Shares or Performance Units; and

 [2] No dividends or other distributions made or declared during the Performance Period will be paid with respect to any Performance
Shares or Performance Units. 
 9.00 STOCK APPRECIATION RIGHTS 
 9.01 SAR Grants, Subject to the terms of the Plan and the Award Agreement, the Committee may grant Affiliated SARs, Freestanding SARs and Tandem SARs (or a combination of each) to Employees at any time during
the term of this Plan. 
 9.02 Exercise Price. Unless the Committee specifies otherwise in the Award Agreement, the Exercise Price specified in the
Award Agreement will: 
 [1] In the case of an Affiliated SAR, not be less than 100 percent of the Fair Market Value of a share of
Stock on the Grant Date; 
  

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 [2] In the case of a Freestanding SAR, not be less than 100 percent of the Fair Market Value of a
share of Stock on the Grant Date; and 
 [3] In the case of a Tandem SAR, not be less than the Exercise Price of the related Option.

 9.03 Exercise of Affiliated SARs. Affiliated SARs will be deemed to be exercised on the date the related Option is exercised. However: 

[1] An Affiliated SAR will expire no later than the date the related Option expires; 
 [2] The value of the payout with respect to the Affiliated SAR will not be more than the Exercise Price of the related Option; and 
 [3] An Affiliated SAR may be exercised only if the Fair Market Value of the shares of Stock subject to the related Option is larger than the
Exercise Price of the related Option. 
 9.04 Exercise of Freestanding SARs. Freestanding SARs will be exercisable subject to the terms specified in
the Award Agreement. 
 9.05 Exercise of Tandem SARs. Tandem SARs may be exercised with respect to all or part of the shares of Stock subject to the
related Option by surrendering the right to exercise the equivalent portion of the related Option. A Tandem SAR may be exercised only with respect to the shares of Stock for which its related Option is then exercisable. However: 
 [1] A Tandem SAR will expire no later than the date the related Option expires; 
 [2] The value of the payout with respect to the Tandem SAR will not be more than 100 percent of the difference between the Exercise Price of the
related Option and the Fair Market Value of a share of Stock subject to the related Option at the time the Tandem SAR is exercised; and 
 [3] A Tandem SAR may be exercised only if the Fair Market Value of a share of Stock subject to the Option is larger than the Exercise Price of the related Option. 
 9.06 Settling SARs. 
 [1] A Member exercising a Tandem SAR or a Freestanding SAR will receive
an amount equal to: 
 [a] The difference between the Fair Market Value of a share of Stock on the exercise date and the Exercise
Price; multiplied by 
  

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 [b] The number of shares of Stock with respect to which the Tandem SAR or Freestanding SAR is
exercised. 
 [2] A Member will not receive any cash or other amount when exercising an Affiliated SAR. Instead, the value of the
Affiliated SAR being exercised will be applied to reduce (but not below zero) the Exercise Price of the related Option. 
 At the discretion of the
Committee, the value of any Tandem SAR or Freestanding SAR being exercised will be settled in cash, shares of Stock or any combination of both. 
 10.00 TERMINATION 
 10.01 Retirement. Unless otherwise specified in the Award Agreement, all Awards that are outstanding (whether or
not then exercisable) when a Participant Retires may be exercised at any time before the earlier of [1] the expiration date specified in the Award Agreement or [2] 12 months (three months in the case of Incentive Stock
Options) beginning on the Retirement date (or any shorter period specified in the Award Agreement). 
 10.02 Death or Disability. Unless otherwise
specified in the Award Agreement, all Awards that are outstanding (whether or not then exercisable) when a Participant Terminates because of death or Disability may be exercised by the Participant or the Participant’s Beneficiary at any time
before the earlier of [1] the expiration date specified in the Award Agreement or [2] 12 months beginning on the date of death or Termination because of Disability (or any shorter period specified in the Award Agreement).

 10.03 Termination for Cause. Unless otherwise specified in the Award Agreement, all Awards that are outstanding (whether or not then exercisable)
if a Participant Terminates for Cause will be forfeited. 
 10.04 Termination for any Other Reason. Unless otherwise specified in the Award Agreement
or subsequently, any Awards that are outstanding when a Participant Terminates for any reason not described in Sections 10.01 through 10.03 and which are then exercisable, or which the Committee has, in its sole discretion, decided to make
exercisable, may be exercised at any time before the earlier of [1] the expiration date specified in the Award Agreement or [2] 90 days beginning on the date the Participant Terminates. 
 10.05 Limits on Exercisability/Forfeiture of Exercised Awards. Regardless of any other provision of this section or the Plan and unless the Committee specifies
otherwise in the Award Agreement or the Company subsequently consents in writing, a Member who fails to comply with Section 10.05[3] will: 
 [1] Forfeit all outstanding Awards; and 
 [2] Forfeit all shares of Stock or cash (including dividends held in escrow
under 
  

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 Section 7.04[2]) acquired or received by the exercise of any Award, lapse of any restrictions or
attainment of any Performance Goals on the date of Termination or within 180 days before and 365 days after Terminating, including any amounts received under a cash settlement described in Section 4.04 but excluding amounts received as a
consequence of a Change in Control as described in Section 11.00. 
 [3] The forfeiture described in Sections 10.05[1] and [2]
will apply if, within the time period described in Section 10.05[2] the Member “competes” with the Company or any Subsidiary. For purposes of this section, “compete” means: 
 [a] Anywhere in the State of Ohio or in any other state in which the Company or any Subsidiary is conducting business when benefits are paid, the
Member, without the written consent of the Company, provides advice with respect to, engages in or directly or indirectly supervises or assists the provision of any service or sale of any product that competes with any service or product of the
Company or any Subsidiary; or 
 [b] Anywhere in any state, the Member accepts employment with, the Member provides advice to, or
engages in or directly or indirectly supervises or assists the provision of any service or sale of any product by any person, company, partnership, corporation or other entity that builds homes, develops land or otherwise competes with the Company
or any Subsidiary in any market, city or area in which the Company or any Subsidiary conducts business when benefits are paid. 
 11.00
CHANGE IN CONTROL 
 11.01 Accelerated Vesting and Settlement. Subject to Section 11.02, on the date of any Change in Control: 
 [1] [a] Each Option (other than Director Options) outstanding on the date of a Change in Control (whether or not exercisable) will be
cancelled in exchange [i] for cash equal to the excess of the Change in Control Price over the Exercise Price associated with the cancelled Option or, [ii] at the Committee’s discretion, for whole shares of Stock with a
Fair Market Value equal to the excess of the Change in Control Price over the Exercise Price associated with the cancelled Option and the Fair Market Value of any fractional share of Stock will be distributed in cash, and [b] all related
Affiliated and Tandem SARs will be cancelled. However, the Committee, in its sole discretion, may offer the holders of the Options to be cancelled a reasonable opportunity (not longer than 15 days beginning on the date of the Change in Control) to
exercise all their outstanding Options (whether or not otherwise then exercisable) by following the exercise procedures described in Section 6.00; 
 [2] All Performance Goals associated with Performance Shares or Performance Units will be deemed to have been met on the date of the Change in Control, all Performance 
  

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 Periods accelerated to the date of the Change in Control and all outstanding Performance Shares and
Performance Units (including those subject to the acceleration described in this subsection) will be distributed in a single lump sum cash payment; 
 [3] All Freestanding SARs will be deemed to be exercisable and will be liquidated in a single lump sum cash payment; and 
 [4] All Restricted Stock will be released from escrow and distributed to the affected Employee (or any restrictions imposed on the distributed certificate removed). 
 11.02 Alternative Awards. Section 11.01 will not apply to the extent that the Committee reasonably concludes in good faith before the Change in Control occurs that Awards will be honored or assumed or new
rights substituted for the Award (collectively “Alternative Awards”) by the Employee’s employer (or the parent or a subsidiary of that employer) immediately after the Change in Control, provided that any Alternative Award must:

 [1] Be based on stock that is (or, within 60 days of the Change in Control, will be) traded on the Nasdaq National Market or a
national securities exchange or system; 
 [2] Provide the Employee (or each Employee in a class of Employees) rights and entitlements
substantially equivalent to the rights, terms and conditions of each Award for which it is substituted, including an identical or better exercise or vesting schedule and identical or better timing and methods of payment, provided that such
substitution of an Award will not constitute a modification, extension or renewal of any Award; 
 [3] Have substantially equivalent
economic value to the Award (determined at the time of the Change in Control) for which it is substituted; and 
 [4] Provide that, if the
Employee’s employment is involuntarily Terminated without Cause or constructively Terminated by the Employee, any conditions on the Employee’s rights under, or any restrictions on transfer or exercisability applicable to, each Alternative
Award will be waived or lapse. 
 For purposes of this section, a constructive Termination means a Termination by an Employee following a material reduction
in the Employee’s compensation or job responsibilities (when compared to the Employee’s compensation and job responsibilities on the date of the Change in Control) or the relocation of the Employee’s principal place of employment to a
location at least 50 miles from his or her principal place of employment on the date of the Change in Control (or other location to which the Employee has been reassigned with his or her written consent), in each case without the Employee’s
written consent but only if the material reduction or relocation occurs within 24 months after the Change in Control. 
 11.03 Director Options. Upon
a Change in Control, each outstanding Director Option will be cancelled unless [1] the Stock continues to be traded on an established securities market after the Change in Control or [2] the Eligible Director continues to be
a Board member after the Change in Control. In the situations just described, the Director Option will be unaffected by a Change in 
  

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 Control. Any Director Option to be cancelled under the next preceding sentence will be exchanged [3] for cash
equal to the excess of the Change in Control Price over the Exercise Price associated with the cancelled Director Option or [4] at the Committee’s discretion, for whole shares of Stock with a Fair Market Value equal to the excess of
the Change in Control Price over the Exercise Price associated with the cancelled Director Option and the Fair Market Value of any fractional share of Stock will be distributed in cash. However, the Committee, in its sole discretion, may offer the
holders of the Director Options to be cancelled a reasonable opportunity (not longer than 15 days beginning on the date of the Change in Control) to exercise all their outstanding Director Options (whether or not otherwise then exercisable) by
following the exercise procedures described in Section 6.00. 
 11.04 Coordination of Change In Control Benefits. Unless otherwise specified in a
separate agreement between the Company and the Participant (including an Award Agreement), if the sum of the benefits received due to a Change in Control and those provided under all other plans, programs or agreements between the Participant and
the Company or any Subsidiary constitute “excess parachute payments” as defined in Code §280G(b)(1), the Company and or Subsidiary will reduce the amounts paid to the Participant under this Plan so that his or her total
“parachute payment” as defined in Code §280G(b)(2)(A) under this and all other plans, programs or agreements between the Participant and the Company or Subsidiary will be $1.00 less than the amount that would be an “excess
parachute payment.” 
 12.00 AMENDMENT, MODIFICATION AND TERMINATION OF PLAN 
 The Board or the Committee may terminate, suspend or amend the Plan at any time without shareholder approval except to the extent that shareholder approval is required
to satisfy applicable requirements imposed by [1] Rule 16b-3 under the Act, or any successor rule or regulation, [2] applicable requirements of the Code or [3] the Nasdaq National Market or any securities
exchange, market or other quotation system on or through which the Company’s securities are listed or traded. Also, no Plan amendment may [4] result in the loss of a Committee member’s status as a “non-employee
director” as defined in Rule 16b-3 under the Act, or any successor rule or regulation, with respect to any employee benefit plan of the Company, [5] cause the Plan to fail to meet requirements imposed by Rule 16b-3 or
[6] without the consent of the affected Member, adversely affect any Award issued before the amendment, modification or termination. 
 13.00 MISCELLANEOUS 
 13.01 Assignability. Except as described in this section, an Award may not be transferred except by will or the
laws of descent and distribution and, during the Member’s lifetime, may be exercised only by the Member, the Member’s guardian or legal representative. However, with the permission of the Committee, a Member or a specified group of Members
may transfer Awards (other than Incentive Stock Options) to a revocable inter vivos trust, of which the Member is the settlor, or may transfer Awards (other than an Incentive Stock Option) to any member of the 
  

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 Member’s immediate family, any trust, whether revocable or irrevocable, established solely for the benefit of the
Member’s immediate family, any partnership or limited liability company whose only partners or members are members of the Member’s immediate family or an organization described in Code §501(c)(3) (“Permissible Transferees”).
Any Award transferred to a Permissible Transferee will continue to be subject to all of the terms and conditions that applied to the Award before the transfer and to any other rules prescribed by the Committee. A Permissible Transferee [other than
an organization described in Code §501(c)(3)] may not retransfer an Award except by will or the laws of descent and distribution and then only to another Permissible Transferee. 
 13.02 Beneficiary Designation. Each Member may name a Beneficiary or Beneficiaries (who may be named contingently or successively) to receive or to exercise any
vested Award that is unpaid or unexercised at the Member’s death. Each designation made will revoke all prior designations made by the same Member, must be made on a form prescribed by the Committee and will be effective only when filed in
writing with the Committee. If a Member has not made an effective Beneficiary designation, the deceased Member’s Beneficiary will be his or her surviving spouse or, if none, the deceased Member’s estate. The identity of a Member’s
designated Beneficiary will be based only on the information included in the latest beneficiary designation form completed by the Member and will not be inferred from any other evidence. 
 13.03 No Guarantee of Employment or Participation. Nothing in the Plan may be construed as: 
 [1]
Interfering with or limiting the right of the Company or any Subsidiary to Terminate any Employee’s employment at any time; 
 [2]
Conferring on any Participant any right to continue as an employee or director of the Company or any Subsidiary; 
 [3]
Guaranteeing that any common-law employee will be selected to be a Participant; or 
 [4] Guaranteeing that any Member will receive
any future Awards. 
 13.04 Tax Withholding. 
 [1] The Company will withhold from other amounts owed to the Member, or require a Member to remit to the Company, an amount sufficient to satisfy federal, state and local withholding tax requirements on any Award, exercise or
cancellation of an Award or purchase of Stock. If these amounts are not to be withheld from other payments due to the Member (or if there are no other payments due to the Member), the Company will defer payment of cash or issuance of shares of Stock
until the earlier of: 
 [a] Thirty days after the settlement date; or 
 [b] The date the Member remits the required amount. 
  

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 If the Member has not remitted the required amount within 30 days after the settlement date, the Company
will permanently withhold from the value of the Awards to be distributed the minimum amount required to be withheld to comply with applicable federal, state and local income, wage and employment taxes and distribute the balance to the Member.

 [2] In its sole discretion, which may be withheld for any reason or for no reason, the Committee may permit a Member to elect,
subject to conditions the Committee establishes, to reimburse the Company for this tax withholding obligation through one or more of the following methods: 
 [a] By having shares of Stock otherwise issuable under the Award withheld by the Company (but only to the extent of the minimum amount that must be withheld to comply with applicable state, federal and local
income, employment and wage tax laws); 
 [b] By delivering to the Company previously acquired shares of Stock that the Member has
owned for at least six months; 
 [c] By remitting cash to the Company; or 
 [d] By remitting a personal check immediately payable to the Company. 
 13.05 Indemnification. Each individual who is or was a member of the Committee or of the Board will be indemnified and held harmless by the Company against and from any loss, cost, liability or expense that may
be imposed upon or reasonably incurred by him or her in connection with or resulting from any claim, action, suit or proceeding to which he or she may be made a party or in which he or she may be involved by reason of any action taken or failure to
take action under the Plan as a Committee member and against and from any and all amounts paid, with the Company’s approval, by him or her in settlement of any matter related to or arising from the Plan as a Committee member or paid by him or
her in satisfaction of any judgment in any action, suit or proceeding relating to or arising from the Plan against him or her as a Committee member, but only if he or she gives the Company an opportunity, at its own expense, to handle and defend the
matter before he or she undertakes to handle and defend it in his or her own behalf. The right of indemnification described in this section is not exclusive and is independent of any other rights of indemnification to which the individual may be
entitled under the Company’s organizational documents, by contract, as a matter of law or otherwise. 
 13.06 No Limitation on Compensation.
Nothing in the Plan is to be construed to limit the right of the Company to establish other plans or to pay compensation to its employees or directors, in cash or property, in a manner not expressly authorized under the Plan. 
 13.07 Requirements of Law. The grant of Awards and the issuance of shares of Stock will be subject to all applicable laws, rules and regulations and to all
required approvals of any 
  

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 governmental agencies or national securities exchange, market or other quotation system. Also, no shares of Stock will be
issued under the Plan unless the Company is satisfied that the issuance of those shares of Stock will comply with applicable federal and state securities laws. Certificates for shares of Stock delivered under the Plan may be subject to any stock
transfer orders and other restrictions that the Committee believes to be advisable under the rules, regulations and other requirements of the Securities and Exchange Commission, the Nasdaq National Market or any stock exchange or other recognized
market or quotation system upon which the Stock is then listed or traded, or any other applicable federal or state securities law. The Committee may cause a legend or legends to be placed on any certificates issued under the Plan to make appropriate
reference to restrictions within the scope of this section. 
 13.08 Term of Plan. The Plan will be effective upon its adoption by the Board and
approval by the affirmative vote of the holders of at least a majority of the common shares issued and outstanding as of the record date for the first Annual Meeting occurring after the Board approves the Plan. Subject to Section 12.00, the
Plan will continue until the tenth anniversary of the Effective Date. 
 13.09 Governing Law. The Plan, and all agreements hereunder, will be
construed in accordance with and governed by the laws (other than laws governing conflicts of laws) of the State of Ohio. 
 13.10 No Impact on Other
Benefits. Plan Awards are incentives designed to promote the objectives described in Section 1.00. Also, Awards are not compensation for purposes of calculating a Member’s rights under any other employee benefit plan. 
 13.11 Effect on Prior Plan. Upon shareholder approval of the Plan, the Prior Plan will terminate; however, all outstanding Awards at the time of termination will
continue to be governed by the rights and terms of the Prior Plan until exercised or forfeited. 
  

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