0000912057-01-544571 Sample Contracts

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • December 26th, 2001 • LTC Healthcare Inc • Services-nursing & personal care facilities • California

SECURITIES PURCHASE AGREEMENT, dated as of November 21, 2001 (this "Agreement"), by and among LTC Healthcare, Inc., a Nevada corporation ("Healthcare"), Andre C. Dimitriadis ("AD"), Christopher T. Ishikawa ("CI"), and James J. Pieczynski ("JP"), and together with Healthcare, AD, and CI, the "Transferors"), and LTC Properties, Inc., a Maryland corporation (the "Purchaser").

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STOCK PURCHASE AGREEMENT
Stock Purchase Agreement • December 26th, 2001 • LTC Healthcare Inc • Services-nursing & personal care facilities • California

THIS AGREEMENT ("Agreement") is made as of the 20th day of December, 2001 by and among LTC Healthcare, Inc., a Nevada corporation ("Seller") and LTC Properties, Inc., a Maryland corporation ("Buyer").

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