Date of Grant: [Date] Deemed Share Price: $XX.XX Maximum LTIP Award (total): Target LTIP Award (total): Maximum Number of Class A Shares: Target Number of Class A Shares:2025 Long-Term Incentive Program Award Agreement • February 28th, 2025 • Hovnanian Enterprises Inc • Operative builders • Delaware
Date of Grant: [Date] Deemed Share Price: $XX.XX Maximum LTIP Award (total): Target LTIP Award (total): Maximum Number of Class B Shares: Target Number of Class B Shares:2025 Long-Term Incentive Program Award Agreement • February 28th, 2025 • Hovnanian Enterprises Inc • Operative builders • Delaware