0001193125-08-178533 Sample Contracts

TRANSACTION BONUS AGREEMENT
Transaction Bonus Agreement • August 14th, 2008 • LifeCare Holdings, Inc. • Services-nursing & personal care facilities • Texas

TRANSACTION BONUS AGREEMENT (this “Agreement”) made and entered into in Plano, Texas, by and between LCI Holding Company, Inc. (the “Company”), a Delaware corporation, LifeCare Holdings, Inc., a Delaware corporation (the “Principal Subsidiary”) with its principal place of business at 5560 Tennyson Parkway, Plano, TX 75024, and [NAME], of [________, Texas] (the “Employee”), effective as of the [__] day of [ ], 2008.

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AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • August 14th, 2008 • LifeCare Holdings, Inc. • Services-nursing & personal care facilities • Texas

AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT (the “Agreement”) made and entered into in Plano, Texas, by and between LCI Holding Company, Inc. (the “Company”), a Delaware corporation, LifeCare Holdings, Inc., a Delaware corporation (the “Principal Subsidiary”) with its principal place of business at 5560 Tennyson Parkway, Plano, TX 75024, and Chris Walker, of McKinney, Texas (the “Executive”), effective as of the 15th day of April, 2008 (the “Effective Date”), amending and restating in its entirety that certain Executive Employment Agreement, dated as of June 22, 1998, by and between LifeCare Management Services, L.L.C., a Louisiana limited liability company (the “LLC”), and the Executive (the “Original Agreement”).

Employment Agreement June 19, 2006
Employment Agreement • August 14th, 2008 • LifeCare Holdings, Inc. • Services-nursing & personal care facilities • Texas

THIS EMPLOYMENT AGREEMENT (this “Agreement”), is made as of this 19th day of June, 2006, by and between (i) LIFECARE MANAGEMENT SERVICES, L.L.C., A Louisiana limited liability company (“LifeCare”), and GRANT B. ASAY, (“Employee”). LifeCare and Employee are collectively referred to in this Agreement as the “Parties.”

AMENDMENT NO. 1 TO AGREEMENT
Employment Agreement • August 14th, 2008 • LifeCare Holdings, Inc. • Services-nursing & personal care facilities • Texas

This Amendment No. 1 to Agreement, effective as of April 15, 2008 (the “Amendment”), between LCI Holding Company, Inc. (the “Company”), a Delaware corporation, LifeCare Holdings, Inc., a Delaware corporation (the “Principal Subsidiary”) with its principal place of business at 5560 Tennyson Parkway, Plano, TX 75024, and Phillip B. Douglas, of Louisville, Kentucky (the “Executive”), amends the Agreement between the parties dated as of January 30, 2006 (the “Employment Agreement”). Capitalized terms used but not defined herein shall have the meanings set forth in the Employment Agreement.

AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
Employment Agreement • August 14th, 2008 • LifeCare Holdings, Inc. • Services-nursing & personal care facilities • Texas

This Amendment No. 1 to Employment Agreement, effective as of April 15, 2008 (the “Amendment”), between LifeCare Management Services, L.L.C., a Louisiana limited liability company (“LifeCare”) and Grant B. Asay (the “Employee”), amends the Employment Agreement between the parties dated as of June 19, 2006 (the “Employment Agreement”). Capitalized terms used but not defined herein shall have the meanings set forth in the Employment Agreement.

AMENDMENT NO. 1 TO AGREEMENT
Employment Agreement • August 14th, 2008 • LifeCare Holdings, Inc. • Services-nursing & personal care facilities • Texas

This Amendment No. 1 to Agreement, effective as of April 15, 2008 (the “Amendment”), between LCI Holding Company, Inc. (the “Company”), a Delaware corporation, LifeCare Holdings, Inc., a Delaware corporation (the “Principal Subsidiary”) with its principal place of business at 5560 Tennyson Parkway, Plano, TX 75024, and Wayne McAlister, of Dallas, Texas (the “Executive”), amends the Agreement between the parties dated as of January 14th, 2008 (the “Employment Agreement”). Capitalized terms used but not defined herein shall have the meanings set forth in the Employment Agreement.

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