INCENTIVE COMPENSATION SCHEDULE
CFO BONUS COMPENSATION
PART I BONUS
For 2004 and 2005 (and any Renewal Term), Executive shall be entitled to a bonus equal to .20% of EBITDA if Companys ROA is in the top ½ of public homebuilders having revenues of $500 millions or more per year, and an additional .20% of EBITDA if the Companys ROE is in the top one-half of these public builders. If either measurement falls within the 33% to 49% percentile, the bonus shall be .13% of EBITDA for the applicable measurement. If either measurement falls below the 33% threshold, then there will not be any formula bonus paid with respect to such measurement.