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                                                                   EXHIBIT 10(j)

                            THE LAMSON & SESSION CO.

                           DEFERRED COMPENSATION PLAN
                             FOR EXECUTIVE OFFICERS
                (AS AMENDED AND RESTATED AS OF OCTOBER 18, 2001)

                                    ARTICLE I

                               PURPOSE OF THE PLAN

         The purpose of The Lamson & Sessions Co. Deferred Compensation Plan for
Executive Officers is to provide designated executive officers and other key
employees of the Company with the opportunity to defer receipt of bonus
compensation payable to them under the Company's annual incentive compensation
program and to help build loyalty to the Company through increased investment in
Company stock.

                                   ARTICLE II

                                   DEFINITIONS

         As used herein, the following words shall have the meanings stated
after them unless otherwise specifically provided:

         2.1 "Annual Incentive Compensation" shall mean cash incentive
compensation payable during a fiscal year to an Executive Officer pursuant to an
incentive compensation plan now in effect or hereafter established by the
Company, including, without limitation, the Company's Short-Term Incentive Plan.

         2.2 "Change in Control" shall be deemed to have occurred if any of the
following events shall occur:

                  (i) The acquisition by any individual, entity or group (within
         the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange
         Act of 1934, as amended (the "Exchange Act")) (a "Person") of
         beneficial ownership (within the meaning of Rule 13d-3 promulgated
         under the Exchange Act) of 15% or more of either: (A) the
         then-outstanding shares of common stock of the Company (the "Company
         Common Stock") or (B) the combined voting power of the then-outstanding
         voting securities of the Company entitled to vote generally in the
         election of directors ("Voting Stock"); provided, however, that for
         purposes of this subsection (i), the following acquisitions shall not
         constitute a Change in Control: (1) any acquisition directly from the
         Company, (2) any acquisition by the Company, (3) any acquisition by any
         employee benefit plan (or related trust) sponsored or maintained by the
         Company or any Subsidiary of the Company, or (4) any acquisition by any
         Person pursuant to a transaction which complies with clauses (A), (B)
         and (C) of subsection (iii) of this Section 2.2; or

                  (ii) Individuals who, as of the date hereof, constitute the
         Board of Directors of the Company (the "Incumbent Board") cease for any
         reason (other than death or disability) to constitute at least a
         majority of the Board of Directors of the Company; provided, however,
         that any individual becoming a director subsequent to the date hereof
         whose election, or nomination for election by the Company's
         shareholders, was approved by a vote of at least a majority of the
         directors then comprising the Incumbent Board (either by a specific
         vote or by approval of the proxy statement of the Company in

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         which such person is named as a nominee for director, without objection
         to such nomination) shall be considered as though such individual were
         a member of the Incumbent Board, but excluding for this purpose, any
         such individual whose initial assumption of office occurs as a result
         of an actual or threatened election contest (within the meaning of Rule
         14a-11 of the Exchange Act) with respect to the election or removal of
         directors or other actual or threatened solicitation of proxies or
         consents by or on behalf of a Person other than the Board of Directors
         of the Company; or

                  (iii) Consummation of a reorganization, merger or
         consolidation or sale or other disposition of all or substantially all
         of the assets of the Company (a "Business Combination"), in each case,
         unless, following such Business Combination, (A) all or substantially
         all of the individuals and entities who were the beneficial owners,
         respectively, of the Company Common Stock and Voting Stock immediately
         prior to such Business Combination beneficially own, directly or
         indirectly, more than 50% of, respectively, the then-outstanding shares
         of common stock and the combined voting power of the then-outstanding
         voting securities entitled to vote generally in the election of
         directors, as the case may be, of the entity resulting from such
         Business Combination (including, without limitation, an entity which as
         a result of such transaction owns the Company or all or substantially
         all of the Company's assets either directly or through one or more
         subsidiaries) in substantially the same proportions relative to each
         other as their ownership, immediately prior to such Business
         Combination, of the Company Common Stock and Voting Stock of the
         Company, as the case may be, (B) no Person (excluding any entity
         resulting from such Business Combination or any employee benefit plan
         (or related trust) sponsored or maintained by the Company or such
         entity resulting from such Business Combination) beneficially owns,
         directly or indirectly, 15% or more of, respectively, the
         then-outstanding shares of common stock of the entity resulting from
         such Business Combination, or the combined voting power of the
         then-outstanding voting securities of such corporation except to the
         extent that such ownership existed prior to the Business Combination
         and (C) at least a majority of the members of the board of directors of
         the corporation resulting from such Business Combination were members
         of the Incumbent Board at the time of the execution of the initial
         agreement, or of the action of the Board of Directors of the Company,
         providing for such Business Combination; or

                  (iv) Approval by the shareholders of the Company of a complete
         liquidation or dissolution of the Company.

         2.3 "Committee" shall mean the Compensation and Organization Committee
of the Board of Directors.

         2.4 "Common Shares" shall mean the common shares, without par value, of
the Company.

         2.5 "Company" shall mean The Lamson & Sessions Co., an Ohio
corporation.

         2.6 "Disability" means permanent and total disability as determined
under the Company's long term disability program.

         2.7 "Executive Officer" shall mean any executive officer or other key
employee of the Company who is selected by the Committee to participate in this
Plan with respect to his or her Annual Incentive Compensation for a particular
year.

         2.8 "Retirement" means retirement from active employment with the
Company or any

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Subsidiary on or after the normal retirement date specified in the applicable
pension plan of such employer, or retirement, with the consent for purposes of
the Plan, of the Committee at or prior to the time of retirement, from active
employment with the Company or any Subsidiary pursuant to the early retirement
provisions of the applicable pension plan of such employer.

         2.9 "Subsidiary" means a corporation, partnership, joint venture,
unincorporated association or other entity in which the Company has a direct or
indirect ownership or other equity interest.

         2.10 "Trust Agreement" shall mean the Trust Agreement, dated June 30,
1999, between the Company and the Trustee in connection with the Plan.

         2.11 "Trustee" shall mean National City Bank, any corporate successor
to a majority of its trust business, or any successor Trustee hereunder.

                                   ARTICLE III

                         ELECTIONS BY EXECUTIVE OFFICERS

         3.1 ELECTION TO DEFER. No later than December 31 of any year, an
Executive Officer may elect to defer receipt of all or a specified part or the
Annual Incentive Compensation that may become payable to him or her for
performance in the following year that in the absence of such deferral would be
payable in the second following year. Such election shall be made on an election
form specified by the Committee ("Election Form") and filed with the Secretary
of the Company. Except as otherwise determined by the Committee, all elections
in effect prior to the effective date of this Plan to receive Deferred Shares
(as such term is defined in the Company's 1998 Incentive Equity Plan (the "1998
Plan")), in lieu of Annual Incentive Compensation under the 1998 Plan shall be
treated as elections to defer compensation under this Plan.

         3.2 EFFECTIVENESS OF ELECTION. An Election Form that is timely
delivered shall be effective for the Annual Incentive Compensation earned in the
succeeding calendar year.

         3.3 AMOUNT DEFERRED; DEFERRAL PERIOD. An Executive Officer shall
designate on the Election Form the percentage or the amount of his or her Annual
Incentive Compensation that is to be deferred pursuant to this Plan. All
deferred amounts shall be deferred until the earliest of: (i) the third
anniversary of the date the amount of such Compensation is fully determined by
the Committee (unless subsequently deferred pursuant to Section 3.4 hereof);
(ii) upon the termination of the employment of the Executive Officer by reason
of the Executive Officer's death, Disability or Retirement; or (iii) upon the
occurrence of a Change in Control.

         3.4 ONE-TIME SUBSEQUENT ELECTION TO DEFER. No later than one year prior
to the end of a deferral period set forth in Section 3.3(i) hereof, an Executive
Officer may make a subsequent election to extend the end of the deferral period
set forth in Section 3.3(i) hereof to a date chosen by the Executive Officer.
Such date shall be at least one year from the end of the deferral period
pursuant to Section 3.3(i). A subsequent election must be made on a subsequent
election form specified by the Committee and filed with the Secretary of the
Company. Such subsequent election is a one-time election and may not be changed
or revoked.

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                                   ARTICLE IV

                            ACCOUNTS AND INVESTMENTS

         4.1 CONTRIBUTIONS. The Company shall transfer an amount equal to one
hundred percent (100%) of the Annual Incentive Compensation deferred pursuant to
this Plan to the Trustee. Such transfer shall be made within thirty days after
such deferred amounts would otherwise have been paid to the Executive Officer.
In addition, the Company will match 20% of the Annual Incentive Compensation
deferred and use such amount to issue Restricted Shares (as such term is defined
in the 1998 Plan) to the Executive Officer. Such Restricted Shares will be
issued under the 1998 Plan and subject to the terms and conditions set forth in
the 1998 Plan.

         4.2 ESTABLISHMENT OF ACCOUNTS. The Trustee shall establish a separate
"Deferred Compensation Account" for any Executive Officer who defers Annual
Incentive Compensation pursuant to this Plan. Amounts deferred by each Executive
Officer shall be paid in cash to the Trustee by the Company. Such amounts shall
be applied by the Trustee to the purchase of Common Shares, which shall be held
by the Trustee and credited to such Executive Officer's Deferred Compensation
Account pending distribution as permitted in Article V hereof, together with any
Common Shares acquired through reinvested dividends as herein provided.

         4.3 ADJUSTMENT OF ACCOUNTS. Each Executive Officer's Deferred
Compensation Account shall be credited from time to time with all dividends or
other distributions paid on the number of Common Shares reflected in the
Deferred Compensation Account. As of December 31 of each year and on such other
dates as the Committee directs, the fair market value of the assets of the Trust
allocated to all Deferred Compensation Accounts (the "Trust Fund") shall be
determined by the Trustee.

         4.4 INVESTMENT OF ASSETS. The assets of the Trust Fund shall be held by
the Trustee in the name of the Trust. Except as provided in Section 4.5 hereof,
all amounts received by the Trustee pursuant to this Plan, shall be invested and
reinvested only in whole Common Shares.

         4.5 ASSETS HELD IN CASH. The Trustee may, in its sole discretion,
maintain in cash such amounts as it deems necessary. Amounts maintained in cash
by the Trustee shall be kept to a minimum consistent with the duties and
obligations of the Trustee as set forth in the Trust Agreement and shall not be
required to be invested at interest.

                                    ARTICLE V

                               PAYMENT OF ACCOUNTS

         5.1 TIME OF PAYMENT. Distribution of an Executive Officer's account
shall be made at the end of the deferral period determined in accordance with
Section 3.3. hereof.

         5.2 METHOD OF DISTRIBUTION. The number of Common Shares held pursuant
to this Plan in an Executive Officer's Deferred Compensation Account shall be
transferred by the Trustee to the Executive Officer as soon as practicable
following the end of the period of deferral as specified in Section 3.3 hereof.
All amounts credited to such Deferred Compensation Account in respect of
dividends and distributions shall be included in the amounts paid to the
Executive Officer at such time.

         5.3 HARDSHIP DISTRIBUTIONS. Prior to the time an Executive Officer's
account becomes payable, the Committee, in its sole discretion, may elect to
distribute all or a portion of an Executive Officer's account in the event such
Executive Officer requests a distribution on account of severe financial
hardship. For purposes of this Plan, severe financial hardship shall be deemed
to exist in the event the Committee determines that an Executive Officer needs a

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distribution to meet immediate and heavy financial needs resulting from a sudden
or unexpected illness or accident of the Executive Officer or a member of his or
her family, loss of the Executive Officer's property due to casualty, or other
similar extraordinary and unforeseeable circumstances arising as a result of
events beyond the control of the Executive Officer. A distribution based on
financial hardship shall not exceed the amount required to meet the immediate
financial need created by the hardship.

         5.4 DESIGNATION OF BENEFICIARY. Upon the death of an Executive Officer,
his or her account shall be paid to the beneficiary or beneficiaries designated
by him or her. If there is no designated beneficiary, or no designated
beneficiary surviving at an Executive Officer's death, payment of an Executive
Officer's account shall be made to his or her estate. Beneficiary designations
shall be made in writing. An Executive Officer may designate a new beneficiary
or beneficiaries at any time by notifying the Committee.

         5.5 TAXES. In the event any taxes are required by law to be withheld or
paid from any payments made pursuant to the Plan, the Trustee shall deduct such
amounts from such payments and shall transmit the withheld amounts to the
appropriate taxing authority.

                                   ARTICLE VI

                            CREDITORS AND INSOLVENCY

         6.1 CLAIMS OF THE COMPANY'S CREDITORS. All assets held in trust
pursuant to the provisions of this Plan, and any payment to be made by the
Trustee pursuant to the terms and conditions of the Trust, shall be subject to
the claims of general creditors of the Company, including judgment creditors and
bankruptcy creditors. The rights of an Executive Officer or his or her
beneficiaries to any assets of the Trust Fund shall be no greater than the
rights of an unsecured creditor of the Company.

         6.2 NOTIFICATION OF INSOLVENCY. In the event the Company becomes
insolvent, the Board of Directors of the Company and the chief executive officer
of the Company shall immediately notify the Trustee of that fact. The Trustee
shall not make any payments from the Trust Fund to any Executive Officer or any
beneficiary under the Plan after such notification is received or at any time
after the Trustee has knowledge of such insolvency. Under any such circumstance,
the Trustee shall deliver any property held in the Trust Fund only as a court of
competent jurisdiction may direct to satisfy the claims of the Company's
creditors. For purposes of this Plan, the Company shall be deemed to be
insolvent if the Company is subject to a pending voluntary or involuntary
proceeding as a debtor under the United States Bankruptcy Code, as amended, or
is unable to pay its debts as they mature.

                                   ARTICLE VII

                                 ADMINISTRATION

         The Committee shall administer the Plan and resolve all questions of
interpretation arising under the Plan with the help of legal counsel, if
necessary. Whenever directions, designations, applications, requests or other
notices are to be given by an Executive Officer under the Plan, they shall be
filed with the Committee.

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                                  ARTICLE VIII

                                  MISCELLANEOUS

         8.1 TERM OF PLAN. The Company reserves the right to amend or terminate
the Plan at any time; PROVIDED, HOWEVER, that no amendment or termination shall
affect the rights of Executive Officers to amounts previously credited to their
accounts. The Trust shall remain in effect until such time as the entire corpus
of the Trust Fund has been distributed pursuant to the terms of the Plan.

         8.2 ASSIGNMENT. No right or interest of any Executive Officer (or any
person claiming through or under such Executive Officer) other than the
surviving spouse of such Executive Officer after he or she is deceased in any,
benefit or payment herefrom shall be assignable or transferable in any manner or
be subject to alienation, anticipation, sale, pledge, encumbrance or other legal
process or in any manner be liable for or subject to the debts or liabilities of
such Executive Officer. If any Executive Officer or any such person (other than
the surviving spouse of such Executive Officer after he or she is deceased)
shall attempt to or shall transfer, assign, alienate, anticipate, sell, pledge
or otherwise encumber his or her benefits hereunder or any part thereof, or if
by reason of his or her bankruptcy or other event happening at any time such
benefits would devolve upon anyone else or would not be enjoyed by him or her,
then the Committee, in its discretion, may terminate his or her interest in any
such benefit to the extent the Committee considers necessary or advisable to
prevent or limit the effects of such occurrence. Termination shall be effected
by filing a written "termination declaration" with the Committee records and
making reasonable efforts to deliver a copy to such Executive Officer or his or
her legal representative.

         As long as any Executive Officer is alive, any benefits affected by the
termination shall be retained by the Trust and, in the Committee's sole and
absolute judgment, may be paid to or expended for the benefit of such Executive
Officer, his or her spouse, his or her children or any other person or persons
in fact dependent upon him or her in such a manner as the Committee shall deem
proper. Upon the death of any Executive Officer, all benefits withheld from him
or her and not paid to others in accordance with the preceding sentence shall be
distributed to such Executive Officer's estate or to his or her creditors and if
such Executive Officer shall have descendants, including adopted children, then
living, distribution shall be made to such Executive Officer's then living
descendants, including adopted children, per stirpes.

         In addition, an Executive Officer or beneficiary shall have no rights
against or security interest in the assets of the Trust Fund and shall have only
the Company's unsecured promise to pay benefits. All assets of the Trust Fund
shall remain subject to the claims of the Company's general creditors.

         8.3 TAXES. This Plan is intended to be treated as an unfunded deferred
compensation plan under the Internal Revenue Code. It is the intention of the
Company that the amounts deferred pursuant to this Plan shall not be included in
the gross income of the Executive Officers or their beneficiaries until such
time as the deferred amounts are distributed from the Plan. If, at any time, it
is determined that amounts deferred pursuant to the Plan are currently taxable
to the Executive Officers or their beneficiaries, the Trust shall terminate and
any amounts held in the Trust Fund shall be distributed immediately to the
Executive Officers or their beneficiaries.

         8.4 EFFECTIVE DATE OF PLAN. The Plan was originally effective as of
June 30, 1999. The Plan as Amended and Restated shall be effective as of October
18, 2001.

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                                                                    Exhibit 10.2

                             STOCK OPTION AGREEMENT

                           (ELIGIBLE DIRECTOR OPTION)

THIS AGREEMENT is made to be effective as of May 3, 2001 (the "GRANT DATE"), by
and between Dominion Homes, Inc., an Ohio corporation (the "COMPANY"), and Pete
A. Klisares (the "OPTIONEE").

                                   WITNESSETH:
                                   ----------

     WHEREAS, the Board of Directors of the COMPANY adopted the Borror
Corporation Incentive Stock Plan (the "PLAN") on February 28, 1994;

     WHEREAS, the shareholders of the COMPANY, upon the recommendation of the
COMPANY's Board of Directors, approved the PLAN on March 3, 1994; and

     WHEREAS, the PLAN was amended as of December 5, 1995, May 7, 1997, and July
28, 1998, to, among other things, change the name of the PLAN to the Dominion
Homes, Inc. Incentive Stock Plan; and

     WHEREAS, pursuant to the terms of the PLAN, a Director Option (as that term
is defined in the PLAN) to acquire two thousand five hundred (2,500) common
shares, without par value, of the COMPANY (the "SHARES") is to be granted to
each Eligible Director (as that term is defined in the PLAN), including the
OPTIONEE, on the first business day after each annual meeting of shareholders of
the COMPANY, provided that the Eligible Director is serving as a member of the
Board of Directors of the COMPANY on such date, upon the terms and conditions
set forth in the PLAN and in this Agreement;

     NOW, THEREFORE, in consideration of the premises, the parties hereto make
the following agreement, intending to be legally bound thereby:

     1. PLAN AS CONTROLLING. All terms and conditions of the PLAN, as it may be
amended from time to time, applicable to Director Options granted thereunder
shall be deemed incorporated herein by reference. A copy of the PLAN as in
effect on the date of this Agreement is attached hereto as Annex A. In the event
that any provision in this Agreement conflicts with any term in the PLAN, the
term in the PLAN shall be deemed controlling.

     2. GRANT OF OPTION. Subject to the terms and conditions of both the PLAN
and this Agreement, the COMPANY hereby grants to the OPTIONEE a Director Option
(the "OPTION") to purchase 2,500 SHARES. The OPTION is not intended to qualify
as an incentive stock option under Section 422 of the Internal Revenue Code of
1986, as amended (the "CODE").

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     3. TERMS AND CONDITIONS OF THE OPTION.

         (A) EXERCISE PRICE. The purchase price (the "EXERCISE PRICE") to be
paid by the OPTIONEE to the COMPANY upon the exercise of the OPTION shall be Ten
and 33/100 Dollars ($10.33) per SHARE, being 100% of the Fair Market Value (as
that term is defined in the PLAN) of the SHARES on the GRANT DATE.

         (B) EXERCISE OF THE OPTION. Subject to the provi-sions of the PLAN and
the other provisions of this Agreement, the OPTION shall remain exercisable on
the GRANT DATE and shall remain exercisable until the date of expiration of the
OPTION term.

         The grant of this OPTION shall not confer upon the OPTIONEE any right
to continue as a Director of the COMPANY nor limit in any way the right of the
shareholders of the COMPANY to terminate the services of the OPTIONEE at any
time.

         (C) OPTION TERM. The OPTION shall in no event be exercisable after the
expiration of ten (10) years from the GRANT DATE.

         (E) METHOD OF EXERCISE. The OPTION may be exercised by giving written
notice of exercise to the COMMITTEE in care of the Treasurer of the COMPANY
stating the number of SHARES subject to the OPTION in respect of which it is
being exercised. The OPTIONEE shall be required, as a condition precedent to the
OPTIONEE's right to exercise the OPTION and at the OPTIONEE's expense, to supply
the COMMITTEE with such evidence, representa-tions and agreements as the
COMMITTEE may deem necessary or desirable to establish the OPTIONEE's right to
exercise the OPTION and the propriety of the sale of the SHARES by reason of
such exercise under the Securities Act of 1933, as amended from time to time
(the "Securities Act"), and any other laws or requirements of any governmental
authority. Without limiting the generality of the foregoing, the OPTION shall
not be exercisable unless the sale of the SHARES by reason of such exercise has
been registered under the Securities Act and all other applicable securities
laws of any jurisdiction or unless such sale is exempt from such registration
requirements.

         Payment of the EXERCISE PRICE for all such SHARES shall be made to the
COMPANY at the time the OPTION is exercised in such form as authorized by
Section 6(d) of the PLAN. After payment in full for the SHARES purchased under
the OPTION has been made, the COMPANY shall take all such action as is necessary
to deliver appropriate stock certificates evidencing the SHARES purchased upon
the exercise of the OPTION as promptly thereafter as is reasonably practicable.

         (F) SATISFACTION OF TAXES AND TAX WITHHOLDING REQUIREMENTS. The COMPANY
or a Subsidiary shall be entitled and is authorized, if the COMMITTEE deems it
necessary or desirable, to withhold (or secure payment from the OPTIONEE in lieu
of withholding) as provided in Section 10(e) of the PLAN. The COMPANY may

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defer delivery of any SHARES pursuant to the exercise of the OPTION unless
indemnified to its satisfaction in this regard.

         4. ADJUSTMENTS AND CHANGES IN THE SHARES SUBJECT TO THE OPTION.

         In the event that any dividend or other distribution (whether in the
form of SHARES, other securities or other property), recapitalization, stock
split, reverse stock split, reorganization, merger, consolidation, split-up,
spin-off, combination, repurchase, or exchange of SHARES or other securities of
the COMPANY, issuance of warrants or other rights to purchase SHARES or other
securities of the COMPANY, or other similar corporate transaction or event
affects the SHARES such that an adjustment is necessary in regard to outstanding
Options (as that term is defined in the PLAN) held by Participants (as that
terms is defined in the PLAN) and such adjustment is made by the COMMITTEE
pursuant to the first sentence of Section 4(b) of the PLAN in order to prevent
dilution or enlargement of the benefits or potential benefits intended to be
made available under the PLAN, the COMMITTEE shall make a corresponding
adjustment to the OPTION.

         5. NON-ASSIGNABILITY OF THE OPTION.

            (A) During the lifetime of the OPTIONEE, the OPTION shall not be
assignable or trans-ferable and may be exercised only by the OPTIONEE, or, if
permissible under applicable law, by the OPTIONEE's guardian or legal
representative or a transferee receiving the OPTION pursuant to a qualified
domestic relations order ("QDRO"), as determined by the COMMITTEE.

            (B) The OPTION may not be assigned, alienated, pledged, attached,
sold or otherwise transferred or encumbered by the OPTIONEE otherwise than by
will or the laws of descent and distribution or pursuant to a QDRO, and any such
purported assignment, alienation, pledge, attachment, sale, transfer or
encumbrance shall be void and unenforceable against the COMPANY or any
Subsidiary.

         6. EXERCISE AFTER TERMINATION OF EMPLOYMENT.

            (A) Except as otherwise provided in this Agreement or in the PLAN,
the OPTION is exercisable only by the OPTIONEE.

            (B) Except as otherwise provided in this Section 6, if the OPTIONEE
ceases to be a member of the Board of Directors of the COMPANY, the OPTION must
be exercised on or before the earlier of three months after the date the
OPTIONEE ceases to be a member of the Board of Directors of the COMPANY or the
fixed expiration date of the OPTION, after which period the OPTION shall expire;
provided, however, that if the OPTIONEE ceases to be a member of the Board of
Directors of the COMPANY after having been convicted of, or pled guilty or nolo
contendere to, a felony, the OPTION shall be cancelled on the date the OPTIONEE
ceases to be a member of the Board of Directors of the COMPANY.

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             (C) In the event of the death of the OPTIONEE while a member of the
Board of Directors of the COMPANY, the OPTION shall be exercisable by his estate
for a period ending on the earlier of the fixed expiration date of the OPTION or
twelve months after the date of death, after which period the OPTION shall
expire. For purposes hereof, the estate of the OPTIONEE shall be defined to
include the legal representative thereof or any person who has acquired the
right to exercise the OPTION by reason of the death of the OPTIONEE.

             (D) In the event the OPTIONEE ceases to be a member of the
Board of Directors of the COMPANY by reason of the "disability" of the OPTIONEE,
the OPTION shall be exercisable by the OPTIONEE or his guardian or legal
representative for a period ending on the earlier of twelve months after the
OPTIONEE ceases to be a member of the Board of Directors of the COMPANY or the
fixed expiration date of the OPTION. For purposes hereof, "disability" shall
have the same meaning as that set forth for that term in Section 22(e)(3) of the
CODE, or any successor provision as in effect from time to time.

         7. RESTRICTIONS ON TRANSFERS OF SHARES. Anything contained in this
Agreement or elsewhere to the contrary not-withstanding, the OPTION may not be
exercised if the COMMITTEE determines that the sale of SHARES upon exercise of
the OPTION may violate the Securities Act or any other law or require-ment of
any governmental authority. An appropriate restrictive legend shall be placed on
certificates representing SHARES acquired upon the exercise of the OPTION,
unless the COMMITTEE determines, upon the advice of counsel to the COMPANY, that
such legend is not required because of the existence of an effective
registration statement registering the SHARES under the Securities Act or
because all applicable federal and state legal requirements have been satisfied.

         8. NO RIGHTS OF THE OPTIONEE AS A SHAREHOLDER. The OPTIONEE shall have
no rights as a shareholder of the COMPANY with respect to any SHARES covered by
the OPTION until the date of issuance of a certificate to the OPTIONEE
evidencing such SHARES.

         9. GOVERNING LAW. The rights and obligations of the OPTIONEE and the
COMPANY under this Agreement shall be governed by and construed in accordance
with the laws of the State of Ohio (without giving effect to the conflict of
laws principles there-of) in all respects, including, without limitation,
matters relating to the validity, construction, interpretation, adminis-tration,
effect, enforcement, and remedies provisions of the PLAN and its rules and
regulations, except to the extent preempted by applicable federal law.

         10. RIGHTS AND REMEDIES CUMULATIVE. All rights and remedies of the
COMPANY and of the OPTIONEE enumerated in this Agreement shall be cumulative
and, except as expressly provided otherwise in this Agreement, none shall
exclude any

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other rights or remedies allowed by law or in equity, and each of
said rights or remedies may be exercised and enforced concurrently.

         11. CAPTIONS. The captions contained in this Agreement are included
only for convenience of reference and do not define, limit, explain or modify
this Agreement or its interpretation, construction or meaning and are in no way
to be construed as a part of this Agreement.

         12. SEVERABILITY. If any provision of this Agreement or the application
of any provision hereof to any person or any circumstance shall be determined to
be invalid or unenforceable, then such determination shall not affect any other
provision of this Agreement or the application of said provision to any other
person or circumstance, all of which other provisions shall remain in full force
and effect, and it is the intention of each party to this Agreement that if any
provision of this Agreement is susceptible of two or more constructions, one of
which would render the provision enforceable and the other or others of which
would render the provision unenforceable, then the provision shall have the
meaning which renders it enforceable.

         13. NUMBER AND GENDER. When used in this Agreement, the number and
gender of each pronoun shall be construed to be such number and gender as the
context, circumstances or its antecedent may require.

         14. AMENDMENT, ETC. OF OPTION. The COMMITTEE may waive any conditions
or rights under, amend any terms of, or alter, suspend, discontinue, cancel or
terminate, the OPTION, prospectively or retroactively; provided that any such
waiver, amendment, alteration, suspension, discontinuance, cancellation or
termination that would impair the rights of the OPTIONEE or any holder or
beneficiary of the OPTION shall not to that extent be effective without the
consent of the OPTIONEE, holder or beneficiary.

         15. ENTIRE AGREEMENT. This Agreement, including the PLAN as amended
from time to time incorporated by reference herein, constitutes the entire
agreement between the COMPANY and the OPTIONEE in respect of the subject matter
of this Agreement, and this Agreement supersedes all prior and contempor-aneous
agreements between the parties hereto in connection with the subject matter of
this Agreement. No change, termination or attempted waiver of any of the
provisions of this Agreement shall be binding upon any party hereto unless
contained in a writing signed by the party to be charged.

                                       26
<PAGE>

         IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed to be effective as of the date first above written.

                                       COMPANY:
                                       -------

                                       DOMINION HOMES, INC.

                                       By: /s/  ROBERT A. MEYER, JR.
                                          --------------------------
                                       Robert A. Meyer, Jr.
                                       Senior Vice President

                                       OPTIONEE:
                                       --------

                                       By: /s/ PETE A. KLISARES

                                       27

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