ContractIncentive Stock Option Agreement • March 4th, 2005 • American Retirement Corp • Services-skilled nursing care facilities
Exhibit 10.53 AMERICAN RETIREMENT CORPORATION INCENTIVE STOCK OPTION AGREEMENT THIS STOCK OPTION AGREEMENT is made and entered into this _____ day of ______________, ______, by and between AMERICAN RETIREMENT CORPORATION, a Tennessee corporation (the “Company”), and _________________ (the “Optionee”). Capitalized terms not otherwise defined herein shall have the meaning ascribed to such terms in the American Retirement Corporation 1997 Stock Incentive Plan, as amended (the “Plan”). WHEREAS, the Company has adopted the Plan pursuant to which the Company is authorized to grant employees of the Company options to purchase shares of the Company’s common stock, par value $.01 per share (the “Common Stock”); WHEREAS, the Company desires to afford the Optionee an opportunity to purchase Common Stock as hereinafter provided in accordance with the provisions of the Plan. NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth and for other good and valuable consideration
ContractOutside Director Stock Option Agreement • March 4th, 2005 • American Retirement Corp • Services-skilled nursing care facilities
Exhibit 10.54 AMERICAN RETIREMENT CORPORATION OUTSIDE DIRECTOR STOCK OPTION AGREEMENT THIS STOCK OPTION AGREEMENT is made and entered into this ____ day of ___________ _____ by and between AMERICAN RETIREMENT CORPORATION, a Tennessee corporation (the “Company”), and _________________, (the “Optionee”). Capitalized terms not otherwise defined herein shall have the meaning ascribed to such terms in the American Retirement Corporation 1997 Stock Incentive Plan (the “Plan”). WHEREAS, the Company has adopted the Plan pursuant to which the Company is authorized on the date of each Annual Meeting of Shareholders to grant outside directors of the Company options to purchase shares of the Company’s common stock, par value $.01 per share (the “Common Stock”); WHEREAS, the Company desires to afford the Optionee an opportunity to purchase Common Stock as hereinafter provided in accordance with the provisions of the Plan. NOW, THEREFORE, in consideration of the mutual covenants hereinafter set for
ContractRestricted Stock Agreement • March 4th, 2005 • American Retirement Corp • Services-skilled nursing care facilities • Tennessee
Exhibit 10.55 AMERICAN RETIREMENT CORPORATION RESTRICTED STOCK AGREEMENT This RESTRICTED STOCK AGREEMENT (the “Agreement”) is by and between American Retirement Corporation, a Tennessee corporation (the “Company”), and ________________ (the “Grantee”). Section 1. Restricted Stock Award. The Grantee is hereby granted the right to receive ________ shares (the “Restricted Stock”) of the Company’s common stock, par value $0.01 per share (the “Common Stock”), subject to the terms and conditions of this Agreement and the American Retirement Corporation 1997 Stock Incentive Plan (as amended, the “Plan”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed thereto in the Plan. Section 2. Vesting of the Award. The shares of Restricted Stock granted pursuant to Section 1 hereof shall vest at such times (each, a “Vesting Date”) and in the percentages set forth below, if and only if the Grantee is continuously employed by the Company (or any Subsidiary or Affil
ContractNon-Qualified Stock Option Agreement • March 4th, 2005 • American Retirement Corp • Services-skilled nursing care facilities
Exhibit 10.52 AMERICAN RETIREMENT CORPORATION NON-QUALIFIED STOCK OPTION AGREEMENT THIS STOCK OPTION AGREEMENT is made and entered into this _____ day of _____________ ______, by and between AMERICAN RETIREMENT CORPORATION, a Tennessee corporation (the “Company”), and _______________________ (the “Optionee”). Capitalized terms not otherwise defined herein shall have the meaning ascribed to such terms in the American Retirement Corporation 1997 Stock Incentive Plan, as amended (the “Plan”). WHEREAS, the Company has adopted the Plan pursuant to which the Company is authorized to grant employees of the Company options to purchase shares of the Company’s common stock, par value $.01 per share (the “Common Stock”); WHEREAS, the Company desires to afford the Optionee an opportunity to purchase Common Stock as hereinafter provided in accordance with the provisions of the Plan. NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth and for other good and valuable consi
