0000950137-06-012366 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • November 14th, 2006 • Assisted Living Concepts Inc • Services-nursing & personal care facilities • Wisconsin

THIS EMPLOYMENT AGREEMENT (the “Agreement”) dated as of October 30, 2006 by and between Assisted Living Concepts, Inc. a Nevada corporation with its principal place of business at 111 West Michigan, Milwaukee, WI 53203, (the “Company”) and Eric Fonstad, Corporate Secretary, General Counsel, and Senior Vice President (the “Employee”).

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SEPARATION AGREEMENT Dated as of November 10, 2006 Between EXTENDICARE INC. and ASSISTED LIVING CONCEPTS, INC.
Separation Agreement • November 14th, 2006 • Assisted Living Concepts Inc • Services-nursing & personal care facilities • New York

SEPARATION AGREEMENT dated as of November 10, 2006 (this “Separation Agreement”), between EXTENDICARE INC., a corporation continued under the laws of Canada, and ASSISTED LIVING CONCEPTS, INC., a corporation organized under the laws of Nevada and, prior to the Separation, a wholly owned subsidiary of Extendicare.

ARRANGEMENT AGREEMENT
Arrangement Agreement • November 14th, 2006 • Assisted Living Concepts Inc • Services-nursing & personal care facilities • Ontario

WHEREAS the board of directors of Extendicare has approved and agreed to effect, subject to obtaining approval of Extendicare’s Shareholders at the Meeting, a statutory plan of arrangement under Section 192 of the CBCA on the terms and conditions set out in this Agreement and the Plan of Arrangement annexed hereto as Exhibit 1;

Contract
Separation Agreement • November 14th, 2006 • Assisted Living Concepts Inc • Services-nursing & personal care facilities • New York

TAX ALLOCATION AGREEMENT dated as of November 10, 2006 (this “Agreement”), among EXTENDICARE INC., a Canadian corporation (“Extendicare”), EXTENDICARE HOLDINGS, INC., a Wisconsin corporation (“EHI”), and ASSISTED LIVING CONCEPTS, INC., a Nevada corporation (“ALC” and, collectively with EHI and Extendicare, the “Companies”).

CREDIT AGREEMENT Dated as of November 10, 2006 among ASSISTED LIVING CONCEPTS, INC., as Borrower, THE LENDERS AND L/C ISSUERS PARTY HERETO and GENERAL ELECTRIC CAPITAL CORPORATION, as Administrative Agent and Collateral Agent w w w GE CAPITAL MARKETS,...
Credit Agreement • November 14th, 2006 • Assisted Living Concepts Inc • Services-nursing & personal care facilities • Illinois

This CREDIT AGREEMENT, dated as of November 10, 2006, is entered into among ASSISTED LIVING CONCEPTS, INC., a Nevada corporation (the “Borrower”), the Lenders (as defined below), the L/C Issuers (as defined below) and GENERAL ELECTRIC CAPITAL CORPORATION (“GE Capital”), as administrative agent and collateral agent for the Lenders and the L/C Issuers (in such capacity, and together with its successors and permitted assigns, the “Administrative Agent”).

Letterhead of Extendicare Health Services, Inc.]
Letter Agreement • November 14th, 2006 • Assisted Living Concepts Inc • Services-nursing & personal care facilities

This letter shall serve as the agreement (the “Agreement”) between Extendicare Health Services, Inc., a Delaware corporation, Milwaukee, Wisconsin (“EHSI”) and Assisted Living Concepts, Inc., a Nevada corporation, Milwaukee, Wisconsin (“ALC”) relating to the provision of certain specific reimbursement services to ALC by EHSI.

EMPLOYMENT AGREEMENT
Employment Agreement • November 14th, 2006 • Assisted Living Concepts Inc • Services-nursing & personal care facilities • Wisconsin

THIS EMPLOYMENT AGREEMENT (the “Agreement”) dated as of October 16, 2006 by and between Assisted Living Concepts, Inc. a Nevada corporation with its principal place of business at 111 West Michigan, Milwaukee, WI 53203, (the “Company”) and John Buono, Chief Financial Officer (the “Employee”).

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