0000950134-08-017541 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • October 3rd, 2008 • HealthMarkets, Inc. • Accident & health insurance • Delaware

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of September 30, 2008 (the “Effective Date”), by and between HealthMarkets, Inc., a Delaware corporation (together with its successors and assigns, “HealthMarkets” or the “Company”) and Steven P. Erwin (the “Executive”). Certain capitalized terms used herein are defined in Section 24. WHEREAS, the Company desires to employ the Executive, and the Executive desires to be employed by the Company;

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NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • October 3rd, 2008 • HealthMarkets, Inc. • Accident & health insurance • Delaware

This AGREEMENT (this “Agreement”) is made as of September 30, 2008 (the “Effective Date”) by and between HealthMarkets, Inc. (formerly UICI), a Delaware corporation (together with its successors and assigns, the “Company”), and Steven P. Erwin (“Optionee”).

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