NONQUALIFIED STOCK OPTION AGREEMENTNonqualified Stock Option Agreement • September 6th, 2006 • HealthMarkets, Inc. • Accident & health insurance • Delaware
This AGREEMENT (this “Agreement”) is made as of August 30, 2006 (the “Grant Date”) by and between HealthMarkets, Inc., a Delaware corporation (the “Company”), and Andrew Kahr (“Optionee”). As a condition precedent to the Company’s grant of the Option (as defined in Section 2 of this Agreement) to Optionee, Optionee is executing and delivering a counterpart of the Stockholders’ Agreement and thereby agrees to be bound by the terms thereof.
