<html>
<head><title>
Prepared and filed by St Ives Burrups
</title>
</head>
<body bgcolor="#FFFFFF">

<div style="page-break-before:always">
  <div align="center">
    <p><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">As filed
        with the Securities and Exchange Commission, via EDGAR, on September
    15, 2004</font></p>
  </div>
  <div align="right">
    <p><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> Registration
    No. 333-</font><font face="TimesNewRoman,Times New Roman,Times,serif">____________</font><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif"></FONT></p>
  </div>
</div>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td height="4" valign="bottom" bgcolor="#000000"></td>
  </tr>
  <tr>
    <td height="2" valign="top"></td>
  </tr>
  <tr>
    <td height="1" valign="top" bgcolor="#000000"></td>
  </tr>
</table>
<P align="center"><font size="4" face="TimesNewRoman,Times New Roman,Times,serif"><b>SECURITIES
      AND EXCHANGE COMMISSION<br>
</b></font><b><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Washington,
D.C. 20549</font></b></P>
<hr align="center" width="150" size="2" noshade>
<P align="center"><b><FONT size="5" face="TimesNewRoman,Times New Roman,Times,serif">FORM
      S-8</FONT></b></P>
<hr align="center" width="150" size="2" noshade>
<P align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><b>REGISTRATION
      STATEMENT<br>
UNDER<br>
THE SECURITIES ACT OF 1933</b></font></P>
<P align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> <b><font size="5">Orleans
        Homebuilders, Inc.</font></b><br>
(Exact name of registrant as specified in its charter)</font></P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="48%" align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> Delaware</font></td>
    <td width="4%">&nbsp;</td>
    <td width="48%" align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><U>59-0874323</U></font><font size="2"><u></u></font></td>
  </tr>
  <tr>
    <td><hr noshade size=1>
    </td>
    <td>&nbsp;</td>
    <td><hr noshade size=1>
    </td>
  </tr>
  <tr>
    <td align="center" valign="top"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(State
        or other jurisdiction of<br>
incorporation or organization)</font></td>
    <td>&nbsp;</td>
    <td align="center" valign="top"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(I.R.S.
        Employer
Identification No.)</font></td>
  </tr>
  <tr>
    <td align="center" valign="top">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="center" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">One
        Greenwood Square, Suite 101,<br>
3333 Street Road, Bensalem, Pennsylvania 19020</font></td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><hr align="center" width="400" size=1 noshade>
    </td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(Address
        of principal executive offices)</font><font size="2"><font face="TimesNewRoman,Times New Roman,Times,serif">&nbsp;&nbsp;&nbsp;</font></font><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(Zip
    Code)</font></td>
  </tr>
  <tr>
    <td align="center" valign="top">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="center" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> Employment
        Agreement with</font><br>
      <font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Robert
    Fitzsimmons</font></td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><hr align="center" width="400" size=1 noshade>
    </td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> (Full
    title of the plan)</font></td>
  </tr>
  <tr>
    <td align="center" valign="top">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="center" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Joseph
        A.
Santangelo<br>
    </font><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Chief
    Financial Officer, Treasurer and Secretary<br>
Orleans Homebuilders, Inc.<br>
    </font><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">One
    Greenwood Square, Suite 101</font></td>
  </tr>
  <tr>
    <td align="center" valign="top">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="center" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Bensalem,
    Pennsylvania 19020</font></td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><hr align="center" width="400" size=1 noshade>
    </td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> (Name
    and address of agent for service)</font></td>
  </tr>
  <tr>
    <td align="center" valign="top">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="center" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> (215)
    245-7500</font></td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><hr align="center" width="400" size=1 noshade>
    </td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> (Telephone
    number, including area code, of agent for service)</font></td>
  </tr>
  <tr>
    <td align="center" valign="top">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="center" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> Copies
    to:</font></td>
  </tr>
  <tr>
    <td align="center" valign="top">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="center" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><p><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> Jason
          M. Shargel, Esquire<br>
Wolf, Block, Schorr and Solis-Cohen LLP<br>
    </font><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">1650
    Arch Street<br>
Philadelphia, PA 19103<br>
    </font><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(215)
    977-2000</font></p>
    </td>
  </tr>
  <tr>
    <td align="center" valign="top">&nbsp;</td>
    <td>&nbsp;</td>
    <td align="center" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td colspan="3" align="center" valign="top"><hr noshade align="center" width="150" size="2">
    </td>
  </tr>
</table>
<P align="center"><b><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">CALCULATION
OF REGISTRATION FEE</FONT></b></P>
<TABLE width="100%" border=1 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD><div align="center"><font size="1"><b><font face="TimesNewRoman,Times New Roman,Times,serif">Title
            of Securities<br>
to be
Registered</font></b></font></div>
    </TD>
    <TD><div align="center"><font size="1"><b><FONT face="TimesNewRoman,Times New Roman,Times,serif">Amount
          to be<br>
Registered<sup>(1)</sup> </FONT></b></font></div>
    </TD>
    <TD><div align="center"><FONT size="1" face="TimesNewRoman,Times New Roman,Times,serif"><b>Proposed Maximum<br>
Offering Price<br>
Per Share<sup>(2)</sup></b></FONT></div>
    </TD>
    <TD align="right"><div align="center"><font size="1"><b><FONT face="TimesNewRoman,Times New Roman,Times,serif">Proposed
            Maximum<br>
Aggregate<br>
Offering Price</FONT></b></font></div>
    </TD>
    <TD><div align="center"><font size="1"><b><FONT face="TimesNewRoman,Times New Roman,Times,serif">Amount
            of<br>
Registration Fee</FONT></b></font></div>
    </TD>
  </TR>
  <TR>
    <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">&nbsp;&nbsp;&nbsp;Common
    Stock, $.01 par value per share</FONT></TD>
    <TD width=15% align="center"><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">45,000</FONT></TD>
    <TD width=15% align="center"><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">$10.64</FONT></TD>
    <TD width=15% align="center"><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">$478,800.00</FONT></TD>
    <TD width=15% align="center"><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">$60.67</FONT></TD>
  </TR>
</TABLE>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
  <TR>
    <TD colspan="2" valign="top"><hr align="left" width="100" size="1" noshade>
    </TD>
  </TR>
  <TR>
    <TD width="3%" valign="top"><FONT size="1" face="TimesNewRoman,Times New Roman,Times,serif">(1)</FONT></TD>
    <TD valign="top"><FONT size="1" face="TimesNewRoman,Times New Roman,Times,serif">Pursuant
        to Rule 416 under the Securities Act of 1933, as amended (the "Securities
        Act"), this Registration Statement also covers such additional shares
        as may hereafter be offered or issued to prevent dilution resulting from
        stock splits, stock dividends, recapitalizations or certain other capital
    adjustments.</FONT></TD>
  </TR>
  <TR>
    <TD valign="top"><font size="1">&nbsp;</font></TD>
    <TD valign="top"><font size="1">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD valign="top"><FONT size="1" face="TimesNewRoman,Times New Roman,Times,serif">(2)</FONT></TD>
    <TD valign="top"><FONT size="1" face="TimesNewRoman,Times New Roman,Times,serif">Calculated
        pursuant to Rule 457(h) under the Securities Act based upon the price
    at which options may be exercised.</FONT></TD>
  </TR>
</TABLE>
<P align="center">&nbsp; </P>
<table width="100%" border="0" cellpadding="0" cellspacing="0">
  <tr>
    <td height="1" valign="top" bgcolor="#000000"></td>
  </tr>
  <tr>
    <td height="2" valign="top" bgcolor="#FFFFFF"></td>
  </tr>
  <tr>
    <td height="4" valign="bottom" bgcolor="#000000"></td>
  </tr>
</table>


<div style="page-break-before:always"></div>
<font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><a name="p3"></a><page></font><font size="2"><font size="2"><p><a href="#contents">Back to Contents</a></p>
</font></font>

<P align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
  <U>PART </U>I </font> </P>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">A
    prospectus setting forth the information required by Part I of Form S-8 will
    be sent or given to participants in the Employment Agreement with Robert
    Fitzsimmons as specified by Rule 428(b)(1)(i) under the Securities Act of
    1933. </font>
</P>
</div>
<P align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
  <U>PART </U>II </font> </P>
<P align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
  <U>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</U> </font> </P>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="6%"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Item
      3.</font></td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><U>Incorporation
      of Documents by Reference</U>. </font></td>
  </tr>
</table>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">The
      following documents filed with the Securities and Exchange Commission pursuant
      to the Securities Exchange Act of 1934 (the "Exchange Act") are incorporated
into this Registration Statement by reference: </font></P></div>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(a)&nbsp;
    The Registrant's Annual Report on Form 10-K for the fiscal year ended June
30, 2004. </font></P>
</div>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(b)&nbsp;
      The description of the Registrant's shares of Common Stock, $0.10 par value
      per share (the "Common Stock"), contained in the Registration Statement
      filed by the Registrant to register such securities under the Securities
      Exchange Act of 1934, including all amendments and reports filed for the
purpose of updating such description. </font></P></div>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(c)&nbsp;
    All documents subsequently filed by the Registrant pursuant to Sections 13(a),
    13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective
    amendment to this Registration Statement which indicates that all securities
    offered hereby have been sold or which deregisters all securities then remaining
    unsold, shall be deemed to be incorporated by reference in this Registration
    Statement and to be a part hereof from the date of filing such documents.
    Any statement contained in a document incorporated by reference herein shall
    be deemed to be modified or superseded for purposes hereof to the extent
    that a statement contained herein (or in any other subsequently filed document
    which also is incorporated by reference herein) modifies or supersedes such
    statement. Any statement so modified or superseded shall not be deemed to
    constitute a part hereof except as so modified or superseded. </font>
</P></div>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td colspan="2"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Item
    4.</font></td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><U>Description
      of Securities</U>. </font></td>
  </tr>
  <tr>
    <td width="3%">&nbsp;</td>
    <td width="3%">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> Not Applicable.
    </font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td colspan="2"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Item 5.</font></td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> <U>Interests
      of Named Experts and Counsel</U>. </font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> Not Applicable.
    </font> </td>
  </tr>
</table>

<P align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
2</font></P>


<hr noshade align="center" width="100%" size="2">

<div style="page-break-before:always"></div>
<font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><a name="p4"></a><page></font><font size="2"><font size="2"><p><a href="#contents">Back to Contents</a></p>
</font></font>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="6%"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Item
      6.</font></td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><U>Indemnification
      of Directors and Officers</U>. </font></td>
  </tr>
</table>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">For
    information regarding provisions under which a director or officer of the
    Registrant may be insured or indemnified in any manner against any liability
    which he may incur in his capacity as such, reference is made to Section
    145 of the Delaware General Corporation Law, which provides in its entirety
    as follows: </font>
</P></div>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">"(a)&nbsp;
      A corporation shall have power to indemnify any person who was or is a
      party or is threatened to be made a party to any threatened, pending or
      completed action, suit or proceeding, whether civil, criminal, administrative
      or investigative (other than an action by or in the right of the corporation)
      by reason of the fact that the person is or was a director, officer, employee
      or agent of the corporation, or is or was serving at the request of the
      corporation as a director, officer, employee or agent of another corporation,
      partnership, joint venture, trust or other enterprise, against expenses
      (including attorneys' fees), judgments, fines and amounts paid in settlement
      actually and reasonably incurred by the person in connection with such
      action, suit or proceeding if the person acted in good faith and in a manner
      the person reasonably believed to be in or not opposed to the best interests
      of the corporation, and, with respect to any criminal action or proceeding,
      had no reasonable cause to believe the person's conduct was unlawful. The
      termination of any action, suit or proceeding by judgment, order, settlement,
      conviction, or upon a plea of nolo contendere or its equivalent, shall
      not, of itself, create a presumption that the person did not act in good
      faith and in a manner which the person reasonably believed to be in or
      not opposed to the best interests of the corporation, and, with respect
      to any criminal action or proceeding, had reasonable cause to believe that
      the person's conduct was unlawful. </font>
</P></div>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(b)&nbsp;
    A corporation shall have power to indemnify any person who was or is a party
    or is threatened to be made a party to any threatened, pending or completed
    action or suit by or in the right of the corporation to procure a judgment
    in its favor by reason of the fact that the person is or was a director,
    officer, employee or agent of the corporation, or is or was serving at the
    request of the corporation as a director, officer, employee or agent of another
    corporation, partnership, joint venture, trust or other enterprise against
    expenses (including attorneys' fees) actually and reasonably incurred by
    the person in connection with the defense or settlement of such action or
    suit if the person acted in good faith and in a manner the person reasonably
    believed to be in or not opposed to the best interests of the corporation
    and except that no indemnification shall be made in respect of any claim,
    issue or matter as to which such person shall have been adjudged to be liable
    to the corporation unless and only to the extent that the Court of Chancery
    or the court in which such action or suit was brought shall determine upon
    application that, despite the adjudication of liability but in view of all
    the circumstances of the case, such person is fairly and reasonably entitled
    to indemnity for such expenses which the Court of Chancery or such other
    court shall deem proper. </font>
</P></div>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(c)&nbsp;
    To the extent that a present or former director or officer of a corporation
    has been successful on the merits or otherwise in defense of any action,
    suit or proceeding referred to in subsections (a) and (b) of this section,
    or in defense of any claim, issue or matter therein, such person shall be
    indemnified against expenses (including attorneys' fees) actually and reasonably
    incurred by such person in connection therewith. </font>
</P></div>
<P align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
  3</font> </P>


<hr noshade align="center" width="100%" size="2">

<div style="page-break-before:always"></div>
<font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><a name="p5"></a><page></font><font size="2"><font size="2"><p><a href="#contents">Back to Contents</a></p>
</font></font>
<div style="text-indent:3%">
  <P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> (d)&nbsp;Any
    indemnification under subsections (a) and (b) of this section (unless ordered
    by a court) shall be made by the corporation only as authorized in the specific
    case upon a determination that indemnification of the present or former director,
    officer, employee or agent is proper in the circumstances because the person
    has met the applicable standard of conduct set forth in subsections (a) and
    (b) of this section. Such determination shall be made, with respect to a person
    who is a director or officer at the time of such determination, (1) by a majority
    vote of the directors who are not parties to such action, suit or proceeding,
    even though less than a quorum, or (2) by a committee of such directors designated
    by majority vote of such directors, even though less than a quorum, or (3)
    if there are no such directors, or if such directors so direct, by independent
    legal counsel in a written opinion, or (4) by the stockholders. </font> </P>
</div>
<div style="text-indent:3%">
  <P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> (e)&nbsp;Expenses
    (including attorneys' fees) incurred by an officer or director in defending
    any civil, criminal, administrative or investigative action, suit or proceeding
    may be paid by the corporation in advance of the final disposition of such
    action, suit or proceeding upon receipt of an undertaking by or on behalf
    of such director or officer to repay such amount if it shall ultimately be
    determined that such person is not entitled to be indemnified by the corporation
    as authorized in this section. Such expenses (including attorneys' fees) incurred
    by former directors and officers or other employees and agents may be so paid
    upon such terms and conditions, if any, as the corporation deems appropriate.
    </font> </P>
</div>
<div style="text-indent:3%">
  <P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> (f)&nbsp;The
    indemnification and advancement of expenses provided by, or granted pursuant
    to, the other subsections of this section shall not be deemed exclusive of
    any other rights to which those seeking indemnification or advancement of
    expenses may be entitled under any bylaw, agreement, vote of stockholders
    or disinterested directors or otherwise, both as to action in such person's
    official capacity and as to action in another capacity while holding such
    office. </font> </P>
</div>
<div style="text-indent:3%">
  <P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> (g)&nbsp;A
    corporation shall have power to purchase and maintain insurance on behalf
    of any person who is or was a director, officer, employee or agent of the
    corporation, or is or was serving at the request of the corporation as a director,
    officer, employee or agent of another corporation, partnership, joint venture,
    trust or other enterprise against any liability asserted against such person
    and incurred by such person in any such capacity, or arising out of such person's
    status as such, whether or not the corporation would have the power to indemnify
    such person against such liability under this section. </font> </P>
</div>
<div style="text-indent:3%">
  <P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> (h)&nbsp;For
    purposes of this section, references to "the corporation" shall include, in
    addition to the resulting corporation, any constituent corporation (including
    any constituent of a constituent) absorbed in a consolidation or merger which,
    if its separate existence had continued, would have had power and authority
    to indemnify its directors, officers, and employees or agents, so that any
    person who is or was a director, officer, employee or agent of such constituent
    corporation, or is or was serving at the request of such constituent corporation
    as a director, officer, employee or agent of another corporation, partnership,
    joint venture, trust or other enterprise, shall stand in the same position
    under this section with respect to the resulting or surviving corporation
    as such person would have with respect to such constituent corporation if
    its separate existence had continued. </font> </P>
</div>
<div style="text-indent:3%">
  <P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> (i)&nbsp;For
    purposes of this section, references to "other enterprises" shall include
    employee benefit plans; references to "fines" shall include any excise taxes
    assessed on a person with respect to any employee benefit plan; and references
    to "serving at the request of the corporation" shall include any service as
    a director, officer, employee or agent of the corporation which imposes duties
    on, or involves services by, such director, officer, employee, or agent with
    respect to an employee benefit plan, its participants or beneficiaries; and
    a person who acted in good faith and in a manner such person reasonably believed
    to be in the interest of the participants and beneficiaries of an employee
    benefit plan shall be deemed to have acted in a manner "not opposed to the
    best interests of the corporation" as referred to in this section. </font>
  </P>
</div>
<P align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
  4</font> </P>
<hr noshade align="center" width="100%" size="2">

<div style="page-break-before:always"></div>
<font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><a name="p6"></a><page></font><font size="2"><font size="2">
<p><a href="#contents">Back to Contents</a><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
  </font> </p>
</font></font>
<div style="text-indent:3%">
  <P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> (j)&nbsp;The
    indemnification and advancement of expenses provided by, or granted pursuant
    to, this section shall, unless otherwise provided when authorized or ratified,
    continue as to a person who has ceased to be a director, officer, employee
    or agent and shall inure to the benefit of the heirs, executors and administrators
    of such a person. </font> </P>
</div>
<div style="text-indent:3%">
  <P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> (k)&nbsp;The
    Court of Chancery is hereby vested with exclusive jurisdiction to hear and
    determine all actions for advancement of expenses or indemnification brought
    under this section or under any bylaw, agreement, vote of stockholders or
    disinterested directors, or otherwise. The Court of Chancery may summarily
    determine a corporation's obligation to advance expenses (including attorneys'
    fees)." </font> </P>
</div>
<div style="text-indent:3%"> <P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> See
    also Article Seven of the Registrant's Certificate of Incorporation, as amended,
    which obligates the Registrant, and Article V of the Registrant's By-Laws,
    which grants the Registrant the power, to indemnify its directors, officers,
    employees and agents. Section 5.8 of Article V of the Registrant's Bylaws,
    as amended, further permits the Registrant to purchase and maintain insurance
    on behalf of any person who is or was a director, officer, employee or agent
    of the Registrant, or who is or was serving at the Registrant's request as
    a director, officer employee or agent of another corporation, partnership,
    joint venture, trust or other enterprise against any liability asserted against
    him and incurred by him in any such capacity, or arising out of his status
    as such, whether or not we would have the power to indemnify him against
    such liability under the provisions of Article V of the Registrant's Bylaws.
    The Registrant has purchased directors' and officers' liability insurance. </font>
</P></div>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="6%"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Item
      7</font></td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><U>Exemption
      from Registration Claimed</U>. </font></td>
  </tr>
</table>
<div style="text-indent:3%"> <P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
  Not Applicable.
</font></P></div>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="6%"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Item
      8.</font></td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><U>Exhibits</U>.
      </font></td>
  </tr>
</table>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
  The following Exhibits are filed as part of this Registration Statement:
</font></P></div>

<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="3%">&nbsp;</td>
    <td width="4%"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">4&nbsp;</font></td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Employment
      Agreement with Robert Fitzsimmons </font> </td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">5</font></td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> Opinion
      of Wolf, Block, Schorr and Solis-Cohen LLP</font> </td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">23.1</font></td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Consent
      of PricewaterhouseCoopers LLP </font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">23.2</font></td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> Consent
      of Wolf, Block, Schorr and Solis-Cohen LLP (contained in Exhibit 5) </font>
    </td>
  </tr>
</table>
<P align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">5</font></P>
<hr noshade align="center" width="100%" size="2">

<div style="page-break-before:always"></div>
<font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><a name="p7"></a><page></font><font size="2"><font size="2"><p><a href="#contents">Back to Contents</a></p>
</font></font>

<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="3%">&nbsp;</td>
    <td width="3%"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> 24</font></td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> Power
    of Attorney (included on signature pages of this    Registration Statement) </font></td>
  </tr>
</table>

<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td>&nbsp;</td>
    <td><hr align="left" width="100" size="1" noshade></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td width="6%"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Item
    9.</font></td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><u>Undertakings</u>. </font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
</table>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(a) The undersigned
registrant hereby undertakes:</font></P>
</div>
<div style="text-indent:3%">
<p><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(1) To file,
    during
any period in which offers or sales are being made, a post-effective amendment
    to this registration statement:
</font></p>
</div>

<div style="text-indent:6%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(i)
    To include any prospectus required by Section 10(a)(3) of the Securities
Act of 1933; </font></P>
</div>
<div style="text-indent:6%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(ii)
      To reflect in the prospectus any facts or events arising after the effective
      date of the registration statement (or the most recent post-effective amendment
      thereof) which, individually or in the aggregate, represent a fundamental
      change in the information set forth in the registration statement. Notwithstanding
      the foregoing, any increase or decrease in volume of securities offered
      (if the total dollar value of securities offered would not exceed that
      which was registered) and any deviation from the low or high and of the
      estimated maximum offering range may be reflected in the form of a prospectus
      filed with the Commission pursuant to Rule 424(b) if, in the aggregate,
      the changes in volume and price represent no more than a 20 percent change
      in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table
in the effective registration statement; </font></P>
</div>
<div style="text-indent:6%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(iii)
    To include any material information with respect to the plan of distribution
    not previously disclosed in the registration statement or any material change
to such information in the registration statement; </font></P>
</div>
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
provided, however, that effective amendment by those paragraphs iparagraphs (a)(1)(i)
    and (a)(1)(ii) do not apply if the registration statement is on Form S-3
    or Form S-8, and the information required
    to be included in a post-s contained
    in periodic reports filed by the registrant pursuant to Section 13 or 15(d)
    of the Securities Exchange Act of 1934 that are incorporated by reference
    in the registration statement.
</font></P>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(2)
    That, for the purpose of determining any liability under the Securities Act
    of 1933, each such post-effective amendment shall be deemed to be a new registration
    statement relating to the securities offered therein, and the offering of
    such securities at that time shall be deemed to be the initial bona fide
offering thereof. </font></P>
</div>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(3)
    To remove from registration by means of a post-effective amendment any of
    the securities being registered which remain unsold at the termination of
the offering. </font></P>
</div>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(b)
    The undersigned registrant hereby undertakes that, for purposes of determining
    any liability under the Securities Act of 1933, each filing of the registrant's
    annual report pursuant to Section 13(a) or Section 15(d) of the Securities
    Exchange Act of 1934 (and, where applicable, each filing of an employee benefit
plan's annual report pursuant to Section 15(d) of the Securities </font></P>
</div>
<p align="center"><font size="2" face="Times New Roman, Times, serif">6</font></p>


<hr noshade align="center" width="100%" size="2">

<div style="page-break-before:always"></div>
<font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><a name="p8"></a><page></font><font size="2"><font size="2"><p><a href="#contents">Back to Contents</a></p>
</font></font>

<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
Exchange Act of 1934) that is incorporated by reference in the registration statement
    shall be deemed to be a new registration statement relating to the securities
    offered therein, and the offering of such securities at that time shall be
    deemed to be the initial bona fide offering thereof.
</font></P>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(c)
    Insofar as indemnification for liabilities arising under the Securities Act
    of 1933 may be permitted to directors, officers and controlling persons of
    the registrant pursuant to the foregoing provisions, or otherwise, the registrant
    has been advised that in the opinion of the Securities and Exchange Commission
    such indemnification is against public policy as expressed in the Act and
    is, therefore, unenforceable. In the event that a claim for indemnification
    against such liabilities (other than the payment by the registrant of expenses
    incurred or paid by a director, officer or controlling person of the registrant
    in the successful defense of any action, suit or proceeding) is asserted
    by such director, officer or controlling person in connection with the securities
    being registered, the registrant will, unless in the opinion of its counsel
    the matter has been settled by controlling precedent, submit to a court of
    appropriate jurisdiction the question whether such indemnification by it
    is against public policy as expressed in the Act and will be governed by
the final adjudication of such issue. </font></P>
</div>
<P align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
7</font></P>


<hr noshade align="center" width="100%" size="2">

<div style="page-break-before:always"></div>
<font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><a name="p9"></a><page></font><font size="2"><font size="2"><p><a href="#contents">Back to Contents</a></p>
</font></font>

<P align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
<b>SIGNATURES AND POWER OF ATTORNEY</b> </font>
</P>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Pursuant
    to the requirements of the Securities Act of 1933, the Registrant certifies
    that it has reasonable grounds to believe that it meets all of the requirements
    for filing on Form S-8 and has duly caused this Registration Statement to
    be signed on its behalf by the undersigned, thereunto duly authorized, in
    the City of Bensalem, State of Pennsylvania, on this 15th day of September,
    2004. </font><font size="2">&nbsp;</font>
</P>
</div>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr valign="top">
    <td width="70%"><font size="2">&nbsp;</font></td>
    <td colspan="3"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">ORLEANS
    HOMEBUILDERS, INC. </font><font size="2">&nbsp;</font></td>
  </tr>
  <tr valign="top">
    <td><font size="2">&nbsp;</font></td>
    <td colspan="3"><font size="2">&nbsp;</font></td>
  </tr>
  <tr valign="top">
    <td>&nbsp;</td>
    <td colspan="3">&nbsp;</td>
  </tr>
  <tr valign="top">
    <td>&nbsp;</td>
    <td colspan="3">&nbsp;</td>
  </tr>
  <tr valign="top">
    <td><font size="2">&nbsp;</font></td>
    <td colspan="3"><font size="2">&nbsp;</font></td>
  </tr>
  <tr valign="top">
    <td>&nbsp;</td>
    <td width="2%"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">By:<u></u></font></td>
    <td width="2%">&nbsp;</td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Jeffrey
    P. Orleans</font></td>
  </tr>
  <tr valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><hr size="1" noshade></td>
    <td><hr size="1" noshade></td>
  </tr>
  <tr valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Jeffrey
    P. Orleans<br>
    Chairman and<br>
    Chief
    Executive Officer</font></td>
  </tr>
  <tr valign="top">
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
</table>

<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">KNOW
    ALL MEN BY THESE PRESENTS, that each person whose signature appears below
    constitutes and appoints each of Jeffrey P. Orleans, Joseph A. Santangelo
    and Benjamin D. Goldman, acting individually, the undersigned's true and
    lawful attorney-in-fact and agent, with full power of substitution and resubstitution,
    for the undersigned and in the undersigned's name, place and stead, in any
    and all capacities, to sign any and all amendments to this Registration Statement,
    and to file the same, with all exhibits thereto, and other documents in connection
    therewith, with the Securities and Exchange Commission, granting unto said
    attorney-in-fact and agent full power and authority to do and perform each
    and every act and thing requisite and necessary to be done in and about the
    premises, as fully to all intents and purposes as the undersigned might or
    could do in person, hereby ratifying and confirming all that said attorney-in-fact
    and agent, or his substitute or substitutes, may lawfully do or cause to
be done by virtue hereof. </font></P>
</div>
<div style="text-indent:3%">
<P><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"> Pursuant
    to the requirements of the Securities Act of 1933, this registration statement
    has been signed by the following persons in the capacities and on the dates
    indicated. </font>
</P>
</div>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="top">
   <TD align="center"><b><font size="1" face="TimesNewRoman,Times New Roman,Times,serif">Signatures
    </font></b></TD>
   <TD width=2% align="left"><font size="1">&nbsp;</font></TD>
   <TD width=40% align="center"><b><font size="1" face="TimesNewRoman,Times New Roman,Times,serif">Title</font></b></TD>
   <TD width="2%" align="center"><font size="1">&nbsp;</font>
   <TD width="25%" align="center"><p><font size="1"><b><font face="TimesNewRoman,Times New Roman,Times,serif">Date</font></b></font></p>
  </TR>
<TR>
   <TD><hr noshade size=1></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><hr noshade size=1></TD>
   <TD>&nbsp;</TD>
   <TD align="center"><hr noshade size=1></TD>
  </TR>
<TR>
  <TD>&nbsp;</TD>
  <TD align="left">&nbsp;</TD>
  <TD align="left">&nbsp;</TD>
  <TD align="left">&nbsp;</TD>
  <TD align="center">&nbsp;</TD>
</TR>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Jeffery
    P. Orleans </font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD align="center">&nbsp;</TD>
  </TR>
<TR>
   <TD><hr noshade size=1></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Chairman
    of the Board of Directors</font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="center"><font size="2">&nbsp;</font><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">September,
    15, 2004</FONT></TD>
  </TR>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Jeffery
    P. Orleans </font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">and
    Chief Executive Officer</font><font size="2">&nbsp;</font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="center"><font size="2">&nbsp;</font></TD>
  </TR>
<TR>
  <TD>&nbsp;</TD>
  <TD align="left">&nbsp;</TD>
  <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(Principal
    Executive Officer)</font><font size="2">&nbsp;</font></TD>
  <TD align="left">&nbsp;</TD>
  <TD align="center">&nbsp;</TD>
</TR>
<TR>
   <TD>&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2">&nbsp;</font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="center"><font size="2">&nbsp;</font></TD>
  </TR>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Joseph
    A. Santangelo</font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">&nbsp; </font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="center">&nbsp;</TD>
  </TR>
<TR>
   <TD><HR noshade size=1></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Chief
    Financial Officer</font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="center"><font size="2">&nbsp;</font><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">September
    15, 2004</font></TD>
  </TR>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Joseph
    A. Santangelo </font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">(Principal
    Financial Officer and</font><font size="2">&nbsp;</font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="center"><font size="2">&nbsp;</font></TD>
  </TR>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">&nbsp; </font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Principal
    Accounting Officer)</font><font size="2">&nbsp;</font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="center"><font size="2">&nbsp;</font></TD>
  </TR>
</TABLE>
<P align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
8</font></P>

<hr noshade align="center" width="100%" size="2">

<div style="page-break-before:always"></div>
<font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><a name="p10"></a><page></font><font size="2"><font size="2"><p><a href="#contents">Back to Contents</a></p>
</font></font>

<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Michael
    T. Vesey </font></TD>
   <TD width=2% align="left">&nbsp;</TD>
   <TD width=40% align="left">&nbsp;</TD>
   <TD width=2% align="center">&nbsp;</TD>
   <TD width=25% align="center">&nbsp;</TD>
  </TR>
<TR>
   <TD><HR noshade size=1></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">President,
    Chief Operating Officer</font></TD>
   <TD>&nbsp;</TD>
   <TD><div align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">September
    15, 2004</font></div></TD>
  </TR>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Michael
    T. Vesey </font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">and
    Director</font></TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
  <TD></TD>
  <TD align="left">&nbsp;</TD>
  <TD align="left">&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR>
   <TD> </TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Benjamin
    D. Goldman</font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">&nbsp; </font></TD>
   <TD align="center">&nbsp;</TD>
   <TD align="center">&nbsp;</TD>
  </TR>
<TR>
   <TD><HR noshade size=1></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Vice
    Chairman of the Board of</font></TD>
   <TD>&nbsp;</TD>
   <TD><div align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">September 15,
    2004</font></div></TD>
  </TR>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Benjamin
    D. Goldman </font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Directors</font></TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
   <TD> </TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
   <TD> </TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Jerome
    S. Goodman</font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">&nbsp; </font></TD>
   <TD align="center">&nbsp;</TD>
   <TD align="center">&nbsp;</TD>
  </TR>
<TR>
   <TD><HR noshade size=1></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Director</font></TD>
   <TD>&nbsp;</TD>
   <TD><div align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">September 15,
    2004</font></div></TD>
  </TR>
<TR>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">Jerome S. Goodman </FONT></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
  <TD></TD>
  <TD align="left">&nbsp;</TD>
  <TD align="left">&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR>
   <TD> </TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Robert
    N. Goodman </font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD align="center">&nbsp;</TD>
   <TD align="center">&nbsp;</TD>
  </TR>
<TR>
   <TD><HR noshade size=1></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">Director </FONT></TD>
   <TD>&nbsp;</TD>
   <TD><div align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">September 15,
    2004</font></div></TD>
  </TR>
<TR>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">Robert N. Goodman </FONT></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
  <TD></TD>
  <TD align="left">&nbsp;</TD>
  <TD align="left">&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR>
   <TD> </TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Andrew
    N. Heine</font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">&nbsp; </font></TD>
   <TD align="center">&nbsp;</TD>
   <TD align="center">&nbsp;</TD>
  </TR>
<TR>
   <TD><HR noshade size=1></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Director</font></TD>
   <TD>&nbsp;</TD>
   <TD><div align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">September 15,
    2004</font></div></TD>
  </TR>
<TR>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">Andrew N. Heine </FONT></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
  <TD></TD>
  <TD align="left">&nbsp;</TD>
  <TD align="left">&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR>
   <TD> </TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">&nbsp; </font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD align="center">&nbsp;</TD>
   <TD align="center">&nbsp;</TD>
  </TR>
<TR>
   <TD><HR noshade size=1></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Director</font></TD>
   <TD>&nbsp;</TD>
   <TD><div align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">September__,
    2004</font></div></TD>
  </TR>
<TR>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">David Kaplan </FONT></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
  <TD></TD>
  <TD align="left">&nbsp;</TD>
  <TD align="left">&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR>
   <TD> </TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Lewis
    Katz </font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD align="center">&nbsp;</TD>
   <TD align="center">&nbsp;</TD>
  </TR>
<TR>
   <TD><HR noshade size=1></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Director</font></TD>
   <TD>&nbsp;</TD>
   <TD><div align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">September 15,
    2004</font></div></TD>
  </TR>
<TR>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">Lewis Katz </FONT></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
  <TD></TD>
  <TD align="left">&nbsp;</TD>
  <TD align="left">&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR>
   <TD> </TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Robert
    M. Segal </font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD align="center">&nbsp;</TD>
   <TD align="center">&nbsp;</TD>
  </TR>
<TR>
   <TD><HR noshade size=1></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Director</font></TD>
   <TD>&nbsp;</TD>
   <TD><div align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">September 15,
    2004</font></div></TD>
  </TR>
<TR>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">Robert M. Segal </FONT></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
  <TD></TD>
  <TD align="left">&nbsp;</TD>
  <TD align="left">&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR>
   <TD> </TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
<TR>
   <TD><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">John
    W. Temple </font></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD align="center">&nbsp;</TD>
   <TD align="center">&nbsp;</TD>
  </TR>
<TR>
   <TD><HR noshade size=1></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">Director</font></TD>
   <TD>&nbsp;</TD>
   <TD><div align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">September 15,
    2004</font></div></TD>
  </TR>
<TR>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">John W. Temple </FONT></TD>
   <TD align="left">&nbsp;</TD>
   <TD align="left">&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
  </TR>
</TABLE>
<P align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
9</font></P>

<hr noshade align="center" width="100%" size="2">

<div style="page-break-before:always"></div>
<font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><a name="p11"></a><page></font><font size="2"><font size="2"><p><a href="#contents">Back to Contents</a></p>
</font></font>

<p align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif"><b>ORLEANS HOMEBUILDERS,
    INC.<br>
    STOCK AWARD PLAN</b></font></p>
<p>&nbsp;</p>
<p align="center"><b><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">REGISTRATION
STATEMENT ON FORM S-8<br>
<br>
EXHIBIT INDEX</font></b></p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR>
   <TD width=10% align="center"><font size="1" face="TimesNewRoman,Times New Roman,Times,serif"><B>Exhibit No.</B></font></TD>
   <TD width=2% align="center"><font size="1">&nbsp;</font></TD>
   <TD align="center"><font size="1" face="TimesNewRoman,Times New Roman,Times,serif"><B>Document</B></font></TD>
</TR>
<TR>
   <TD><HR noshade size=1></TD>
   <TD>&nbsp;</TD>
   <TD><HR noshade size=1></TD>
</TR>
<TR>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
</TR>
<TR>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">4</FONT></TD>
   <TD>&nbsp;</TD>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">Employment Agreement with Robert Fitzsimmons</FONT></TD>
</TR>
<TR>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">5</FONT></TD>
   <TD>&nbsp;</TD>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">Opinion of Wolf, Block, Schorr and Solis-Cohen LLP</FONT></TD>
</TR>
<TR>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">23.1</FONT></TD>
   <TD>&nbsp;</TD>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">Consent of PricewaterhouseCoopers LLP</FONT></TD>
</TR>
<TR>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">23.2</FONT></TD>
   <TD>&nbsp;</TD>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">Consent of Wolf, Block, Schorr and Solis-Cohen LLP (contained in</FONT></TD>
</TR>
<TR>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">Exhibit 5)</FONT></TD>
</TR>
<TR>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
</TR>
<TR>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">24</FONT></TD>
   <TD>&nbsp;</TD>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">Power of Attorney (included on signature pages of this Registration</FONT></TD>
</TR>
<TR>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD><FONT size="2" face="TimesNewRoman,Times New Roman,Times,serif">Statement)</FONT></TD>
</TR>
<TR>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
</TR>
<TR>
   <TD><HR noshade size=2></TD>
   <TD>&nbsp;</TD>
   <TD>&nbsp;</TD>
</TR>
</TABLE>
<P align="center"><font size="2" face="TimesNewRoman,Times New Roman,Times,serif">
10</font></P>
<hr noshade align="center" width="100%" size="2">
</body>
</html>
[{"type": "S-8", "sequence": "1", "filename": "b400888.htm", "description": "FORM S-8", "secsgml_size_bytes": 59658}]
{"company-data": {"conformed-name": "ORLEANS HOMEBUILDERS INC", "cik": "0000038570", "assigned-sic": "1531", "irs-number": "590874323", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-119006", "film-number": "041031717"}, "business-address": {"street1": "ONE GREENWOOD SQUARE", "street2": "3333 STREET ROAD SUITE 101", "city": "BENSALEM", "state": "PA", "zip": "19020", "phone": "2152457500"}, "mail-address": {"street1": "ONE GREENWOOD SQUARE", "street2": "3333 STREET RD STE 101", "city": "BENSALEM", "state": "PA", "zip": "19020"}, "former-company": [{"former-conformed-name": "FPA CORP /DE/", "date-changed": "19920703"}, {"former-conformed-name": "FLORIDA PALM AIRE CORP", "date-changed": "19720106"}, {"former-conformed-name": "FLORIDA PLAN AIRE CORP", "date-changed": "19700217"}]}
Prepared and filed by St Ives Burrups
As filed
        with the Securities and Exchange Commission, via EDGAR, on September
    15, 2004
Registration
    No. 333-
____________
SECURITIES
      AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
      S-8
REGISTRATION
      STATEMENT
UNDER
THE SECURITIES ACT OF 1933
Orleans
        Homebuilders, Inc.
(Exact name of registrant as specified in its charter)
Delaware
59-0874323
(State
        or other jurisdiction of
incorporation or organization)
(I.R.S.
        Employer
Identification No.)
One
        Greenwood Square, Suite 101,
3333 Street Road, Bensalem, Pennsylvania 19020
(Address
        of principal executive offices)
(Zip
    Code)
Employment
        Agreement with
Robert
    Fitzsimmons
(Full
    title of the plan)
Joseph
        A.
Santangelo
Chief
    Financial Officer, Treasurer and Secretary
Orleans Homebuilders, Inc.
One
    Greenwood Square, Suite 101
Bensalem,
    Pennsylvania 19020
(Name
    and address of agent for service)
(215)
    245-7500
(Telephone
    number, including area code, of agent for service)
Copies
    to:
Jason
          M. Shargel, Esquire
Wolf, Block, Schorr and Solis-Cohen LLP
1650
    Arch Street
Philadelphia, PA 19103
(215)
    977-2000
CALCULATION
OF REGISTRATION FEE
Title
            of Securities
to be
Registered
Amount
          to be
Registered
(1)
Proposed Maximum
Offering Price
Per Share
(2)
Proposed
            Maximum
Aggregate
Offering Price
Amount
            of
Registration Fee
Common
    Stock, $.01 par value per share
45,000
$10.64
$478,800.00
$60.67
(1)
Pursuant
        to Rule 416 under the Securities Act of 1933, as amended (the "Securities
        Act"), this Registration Statement also covers such additional shares
        as may hereafter be offered or issued to prevent dilution resulting from
        stock splits, stock dividends, recapitalizations or certain other capital
    adjustments.
(2)
Calculated
        pursuant to Rule 457(h) under the Securities Act based upon the price
    at which options may be exercised.
Back to Contents
PART
I
A
    prospectus setting forth the information required by Part I of Form S-8 will
    be sent or given to participants in the Employment Agreement with Robert
    Fitzsimmons as specified by Rule 428(b)(1)(i) under the Securities Act of
    1933.
PART
II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item
      3.
Incorporation
      of Documents by Reference
.
The
      following documents filed with the Securities and Exchange Commission pursuant
      to the Securities Exchange Act of 1934 (the "Exchange Act") are incorporated
into this Registration Statement by reference:
(a) 
    The Registrant's Annual Report on Form 10-K for the fiscal year ended June
30, 2004.
(b) 
      The description of the Registrant's shares of Common Stock, $0.10 par value
      per share (the "Common Stock"), contained in the Registration Statement
      filed by the Registrant to register such securities under the Securities
      Exchange Act of 1934, including all amendments and reports filed for the
purpose of updating such description.
(c) 
    All documents subsequently filed by the Registrant pursuant to Sections 13(a),
    13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective
    amendment to this Registration Statement which indicates that all securities
    offered hereby have been sold or which deregisters all securities then remaining
    unsold, shall be deemed to be incorporated by reference in this Registration
    Statement and to be a part hereof from the date of filing such documents.
    Any statement contained in a document incorporated by reference herein shall
    be deemed to be modified or superseded for purposes hereof to the extent
    that a statement contained herein (or in any other subsequently filed document
    which also is incorporated by reference herein) modifies or supersedes such
    statement. Any statement so modified or superseded shall not be deemed to
    constitute a part hereof except as so modified or superseded.
Item
    4.
Description
      of Securities
.
Not Applicable.
Item 5.
Interests
      of Named Experts and Counsel
.
Not Applicable.
2
Back to Contents
Item
      6.
Indemnification
      of Directors and Officers
.
For
    information regarding provisions under which a director or officer of the
    Registrant may be insured or indemnified in any manner against any liability
    which he may incur in his capacity as such, reference is made to Section
    145 of the Delaware General Corporation Law, which provides in its entirety
    as follows:
"(a) 
      A corporation shall have power to indemnify any person who was or is a
      party or is threatened to be made a party to any threatened, pending or
      completed action, suit or proceeding, whether civil, criminal, administrative
      or investigative (other than an action by or in the right of the corporation)
      by reason of the fact that the person is or was a director, officer, employee
      or agent of the corporation, or is or was serving at the request of the
      corporation as a director, officer, employee or agent of another corporation,
      partnership, joint venture, trust or other enterprise, against expenses
      (including attorneys' fees), judgments, fines and amounts paid in settlement
      actually and reasonably incurred by the person in connection with such
      action, suit or proceeding if the person acted in good faith and in a manner
      the person reasonably believed to be in or not opposed to the best interests
      of the corporation, and, with respect to any criminal action or proceeding,
      had no reasonable cause to believe the person's conduct was unlawful. The
      termination of any action, suit or proceeding by judgment, order, settlement,
      conviction, or upon a plea of nolo contendere or its equivalent, shall
      not, of itself, create a presumption that the person did not act in good
      faith and in a manner which the person reasonably believed to be in or
      not opposed to the best interests of the corporation, and, with respect
      to any criminal action or proceeding, had reasonable cause to believe that
      the person's conduct was unlawful.
(b) 
    A corporation shall have power to indemnify any person who was or is a party
    or is threatened to be made a party to any threatened, pending or completed
    action or suit by or in the right of the corporation to procure a judgment
    in its favor by reason of the fact that the person is or was a director,
    officer, employee or agent of the corporation, or is or was serving at the
    request of the corporation as a director, officer, employee or agent of another
    corporation, partnership, joint venture, trust or other enterprise against
    expenses (including attorneys' fees) actually and reasonably incurred by
    the person in connection with the defense or settlement of such action or
    suit if the person acted in good faith and in a manner the person reasonably
    believed to be in or not opposed to the best interests of the corporation
    and except that no indemnification shall be made in respect of any claim,
    issue or matter as to which such person shall have been adjudged to be liable
    to the corporation unless and only to the extent that the Court of Chancery
    or the court in which such action or suit was brought shall determine upon
    application that, despite the adjudication of liability but in view of all
    the circumstances of the case, such person is fairly and reasonably entitled
    to indemnity for such expenses which the Court of Chancery or such other
    court shall deem proper.
(c) 
    To the extent that a present or former director or officer of a corporation
    has been successful on the merits or otherwise in defense of any action,
    suit or proceeding referred to in subsections (a) and (b) of this section,
    or in defense of any claim, issue or matter therein, such person shall be
    indemnified against expenses (including attorneys' fees) actually and reasonably
    incurred by such person in connection therewith.
3
Back to Contents
(d) Any
    indemnification under subsections (a) and (b) of this section (unless ordered
    by a court) shall be made by the corporation only as authorized in the specific
    case upon a determination that indemnification of the present or former director,
    officer, employee or agent is proper in the circumstances because the person
    has met the applicable standard of conduct set forth in subsections (a) and
    (b) of this section. Such determination shall be made, with respect to a person
    who is a director or officer at the time of such determination, (1) by a majority
    vote of the directors who are not parties to such action, suit or proceeding,
    even though less than a quorum, or (2) by a committee of such directors designated
    by majority vote of such directors, even though less than a quorum, or (3)
    if there are no such directors, or if such directors so direct, by independent
    legal counsel in a written opinion, or (4) by the stockholders.
(e) Expenses
    (including attorneys' fees) incurred by an officer or director in defending
    any civil, criminal, administrative or investigative action, suit or proceeding
    may be paid by the corporation in advance of the final disposition of such
    action, suit or proceeding upon receipt of an undertaking by or on behalf
    of such director or officer to repay such amount if it shall ultimately be
    determined that such person is not entitled to be indemnified by the corporation
    as authorized in this section. Such expenses (including attorneys' fees) incurred
    by former directors and officers or other employees and agents may be so paid
    upon such terms and conditions, if any, as the corporation deems appropriate.
(f) The
    indemnification and advancement of expenses provided by, or granted pursuant
    to, the other subsections of this section shall not be deemed exclusive of
    any other rights to which those seeking indemnification or advancement of
    expenses may be entitled under any bylaw, agreement, vote of stockholders
    or disinterested directors or otherwise, both as to action in such person's
    official capacity and as to action in another capacity while holding such
    office.
(g) A
    corporation shall have power to purchase and maintain insurance on behalf
    of any person who is or was a director, officer, employee or agent of the
    corporation, or is or was serving at the request of the corporation as a director,
    officer, employee or agent of another corporation, partnership, joint venture,
    trust or other enterprise against any liability asserted against such person
    and incurred by such person in any such capacity, or arising out of such person's
    status as such, whether or not the corporation would have the power to indemnify
    such person against such liability under this section.
(h) For
    purposes of this section, references to "the corporation" shall include, in
    addition to the resulting corporation, any constituent corporation (including
    any constituent of a constituent) absorbed in a consolidation or merger which,
    if its separate existence had continued, would have had power and authority
    to indemnify its directors, officers, and employees or agents, so that any
    person who is or was a director, officer, employee or agent of such constituent
    corporation, or is or was serving at the request of such constituent corporation
    as a director, officer, employee or agent of another corporation, partnership,
    joint venture, trust or other enterprise, shall stand in the same position
    under this section with respect to the resulting or surviving corporation
    as such person would have with respect to such constituent corporation if
    its separate existence had continued.
(i) For
    purposes of this section, references to "other enterprises" shall include
    employee benefit plans; references to "fines" shall include any excise taxes
    assessed on a person with respect to any employee benefit plan; and references
    to "serving at the request of the corporation" shall include any service as
    a director, officer, employee or agent of the corporation which imposes duties
    on, or involves services by, such director, officer, employee, or agent with
    respect to an employee benefit plan, its participants or beneficiaries; and
    a person who acted in good faith and in a manner such person reasonably believed
    to be in the interest of the participants and beneficiaries of an employee
    benefit plan shall be deemed to have acted in a manner "not opposed to the
    best interests of the corporation" as referred to in this section.
4
Back to Contents
(j) The
    indemnification and advancement of expenses provided by, or granted pursuant
    to, this section shall, unless otherwise provided when authorized or ratified,
    continue as to a person who has ceased to be a director, officer, employee
    or agent and shall inure to the benefit of the heirs, executors and administrators
    of such a person.
(k) The
    Court of Chancery is hereby vested with exclusive jurisdiction to hear and
    determine all actions for advancement of expenses or indemnification brought
    under this section or under any bylaw, agreement, vote of stockholders or
    disinterested directors, or otherwise. The Court of Chancery may summarily
    determine a corporation's obligation to advance expenses (including attorneys'
    fees)."
See
    also Article Seven of the Registrant's Certificate of Incorporation, as amended,
    which obligates the Registrant, and Article V of the Registrant's By-Laws,
    which grants the Registrant the power, to indemnify its directors, officers,
    employees and agents. Section 5.8 of Article V of the Registrant's Bylaws,
    as amended, further permits the Registrant to purchase and maintain insurance
    on behalf of any person who is or was a director, officer, employee or agent
    of the Registrant, or who is or was serving at the Registrant's request as
    a director, officer employee or agent of another corporation, partnership,
    joint venture, trust or other enterprise against any liability asserted against
    him and incurred by him in any such capacity, or arising out of his status
    as such, whether or not we would have the power to indemnify him against
    such liability under the provisions of Article V of the Registrant's Bylaws.
    The Registrant has purchased directors' and officers' liability insurance.
Item
      7
Exemption
      from Registration Claimed
.
Not Applicable.
Item
      8.
Exhibits
.
The following Exhibits are filed as part of this Registration Statement:
4
Employment
      Agreement with Robert Fitzsimmons
5
Opinion
      of Wolf, Block, Schorr and Solis-Cohen LLP
23.1
Consent
      of PricewaterhouseCoopers LLP
23.2
Consent
      of Wolf, Block, Schorr and Solis-Cohen LLP (contained in Exhibit 5)
5
Back to Contents
24
Power
    of Attorney (included on signature pages of this    Registration Statement)
Item
    9.
Undertakings
.
(a) The undersigned
registrant hereby undertakes:
(1) To file,
    during
any period in which offers or sales are being made, a post-effective amendment
    to this registration statement:
(i)
    To include any prospectus required by Section 10(a)(3) of the Securities
Act of 1933;
(ii)
      To reflect in the prospectus any facts or events arising after the effective
      date of the registration statement (or the most recent post-effective amendment
      thereof) which, individually or in the aggregate, represent a fundamental
      change in the information set forth in the registration statement. Notwithstanding
      the foregoing, any increase or decrease in volume of securities offered
      (if the total dollar value of securities offered would not exceed that
      which was registered) and any deviation from the low or high and of the
      estimated maximum offering range may be reflected in the form of a prospectus
      filed with the Commission pursuant to Rule 424(b) if, in the aggregate,
      the changes in volume and price represent no more than a 20 percent change
      in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table
in the effective registration statement;
(iii)
    To include any material information with respect to the plan of distribution
    not previously disclosed in the registration statement or any material change
to such information in the registration statement;
provided, however, that effective amendment by those paragraphs iparagraphs (a)(1)(i)
    and (a)(1)(ii) do not apply if the registration statement is on Form S-3
    or Form S-8, and the information required
    to be included in a post-s contained
    in periodic reports filed by the registrant pursuant to Section 13 or 15(d)
    of the Securities Exchange Act of 1934 that are incorporated by reference
    in the registration statement.
(2)
    That, for the purpose of determining any liability under the Securities Act
    of 1933, each such post-effective amendment shall be deemed to be a new registration
    statement relating to the securities offered therein, and the offering of
    such securities at that time shall be deemed to be the initial bona fide
offering thereof.
(3)
    To remove from registration by means of a post-effective amendment any of
    the securities being registered which remain unsold at the termination of
the offering.
(b)
    The undersigned registrant hereby undertakes that, for purposes of determining
    any liability under the Securities Act of 1933, each filing of the registrant's
    annual report pursuant to Section 13(a) or Section 15(d) of the Securities
    Exchange Act of 1934 (and, where applicable, each filing of an employee benefit
plan's annual report pursuant to Section 15(d) of the Securities
6
Back to Contents
Exchange Act of 1934) that is incorporated by reference in the registration statement
    shall be deemed to be a new registration statement relating to the securities
    offered therein, and the offering of such securities at that time shall be
    deemed to be the initial bona fide offering thereof.
(c)
    Insofar as indemnification for liabilities arising under the Securities Act
    of 1933 may be permitted to directors, officers and controlling persons of
    the registrant pursuant to the foregoing provisions, or otherwise, the registrant
    has been advised that in the opinion of the Securities and Exchange Commission
    such indemnification is against public policy as expressed in the Act and
    is, therefore, unenforceable. In the event that a claim for indemnification
    against such liabilities (other than the payment by the registrant of expenses
    incurred or paid by a director, officer or controlling person of the registrant
    in the successful defense of any action, suit or proceeding) is asserted
    by such director, officer or controlling person in connection with the securities
    being registered, the registrant will, unless in the opinion of its counsel
    the matter has been settled by controlling precedent, submit to a court of
    appropriate jurisdiction the question whether such indemnification by it
    is against public policy as expressed in the Act and will be governed by
the final adjudication of such issue.
7
Back to Contents
SIGNATURES AND POWER OF ATTORNEY
Pursuant
    to the requirements of the Securities Act of 1933, the Registrant certifies
    that it has reasonable grounds to believe that it meets all of the requirements
    for filing on Form S-8 and has duly caused this Registration Statement to
    be signed on its behalf by the undersigned, thereunto duly authorized, in
    the City of Bensalem, State of Pennsylvania, on this 15th day of September,
    2004.
ORLEANS
    HOMEBUILDERS, INC.
By:
Jeffrey
    P. Orleans
Jeffrey
    P. Orleans
Chairman and
Chief
    Executive Officer
KNOW
    ALL MEN BY THESE PRESENTS, that each person whose signature appears below
    constitutes and appoints each of Jeffrey P. Orleans, Joseph A. Santangelo
    and Benjamin D. Goldman, acting individually, the undersigned's true and
    lawful attorney-in-fact and agent, with full power of substitution and resubstitution,
    for the undersigned and in the undersigned's name, place and stead, in any
    and all capacities, to sign any and all amendments to this Registration Statement,
    and to file the same, with all exhibits thereto, and other documents in connection
    therewith, with the Securities and Exchange Commission, granting unto said
    attorney-in-fact and agent full power and authority to do and perform each
    and every act and thing requisite and necessary to be done in and about the
    premises, as fully to all intents and purposes as the undersigned might or
    could do in person, hereby ratifying and confirming all that said attorney-in-fact
    and agent, or his substitute or substitutes, may lawfully do or cause to
be done by virtue hereof.
Pursuant
    to the requirements of the Securities Act of 1933, this registration statement
    has been signed by the following persons in the capacities and on the dates
    indicated.
Signatures
Title
Date
Jeffery
    P. Orleans
Chairman
    of the Board of Directors
September,
    15, 2004
Jeffery
    P. Orleans
and
    Chief Executive Officer
(Principal
    Executive Officer)
Joseph
    A. Santangelo
Chief
    Financial Officer
September
    15, 2004
Joseph
    A. Santangelo
(Principal
    Financial Officer and
Principal
    Accounting Officer)
8
Back to Contents
Michael
    T. Vesey
President,
    Chief Operating Officer
September
    15, 2004
Michael
    T. Vesey
and
    Director
Benjamin
    D. Goldman
Vice
    Chairman of the Board of
September 15,
    2004
Benjamin
    D. Goldman
Directors
Jerome
    S. Goodman
Director
September 15,
    2004
Jerome S. Goodman
Robert
    N. Goodman
Director
September 15,
    2004
Robert N. Goodman
Andrew
    N. Heine
Director
September 15,
    2004
Andrew N. Heine
Director
September__,
    2004
David Kaplan
Lewis
    Katz
Director
September 15,
    2004
Lewis Katz
Robert
    M. Segal
Director
September 15,
    2004
Robert M. Segal
John
    W. Temple
Director
September 15,
    2004
John W. Temple
9
Back to Contents
ORLEANS HOMEBUILDERS,
    INC.
STOCK AWARD PLAN
REGISTRATION
STATEMENT ON FORM S-8
EXHIBIT INDEX
Exhibit No.
Document
4
Employment Agreement with Robert Fitzsimmons
5
Opinion of Wolf, Block, Schorr and Solis-Cohen LLP
23.1
Consent of PricewaterhouseCoopers LLP
23.2
Consent of Wolf, Block, Schorr and Solis-Cohen LLP (contained in
Exhibit 5)
24
Power of Attorney (included on signature pages of this Registration
Statement)
10