0000950137-08-005051 Sample Contracts

Assisted Living Concepts, Inc. TANDEM STOCK OPTION/STOCK APPRECIATION RIGHTS AWARD AGREEMENT
Tandem Stock Option/Stock Appreciation Rights Award Agreement • April 3rd, 2008 • Assisted Living Concepts Inc • Services-nursing & personal care facilities

This Tandem Stock Option/Stock Appreciation Rights Award Agreement (the “Award Agreement”) is entered into as of March 29, 2008, between Assisted Living Concepts, Inc. (“ALC”) and Employee. In consideration of the mutual promises and covenants made in this Award Agreement and the mutual benefits to be derived from this Award Agreement, ALC and the Employee agree as follows:

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