0001193125-09-234232 Sample Contracts

AMENDED AND RESTATED TRANSACTION BONUS AGREEMENT
Transaction Bonus Agreement • November 13th, 2009 • LifeCare Holdings, Inc. • Services-nursing & personal care facilities • Texas

AMENDED AND RESTATED 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 Grant B. Asay, of Flower Mound, Texas (the “Employee”), effective as of the 21st day of September, 2009, amending and restating in its entirety that certain Transaction Bonus Agreement, effective as of April 15, 2008, by and between the Company, the Principal Subsidiary and the Employee (the “Original Agreement”).

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AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • November 13th, 2009 • 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 Grant B. Asay, of Flower Mound, Texas (the “Executive”), effective as of the 21st day of September, 2009 (the “Effective Date”), amending and restating in its entirety that certain Employment Agreement, dated as of June 19, 2006, by and between LifeCare Management Services, L.L.C., a Louisiana limited liability company (the “LLC”), and the Executive, as amended by Amendment No. 1 thereto effective as of April 15, 2008 (as so amended, the “Original Agreement”).

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