SETTLEMENT AND INDEMNIFICATION AGREEMENTSettlement and Indemnification Agreement • March 31st, 2015 • Adcare Health Systems, Inc • Services-skilled nursing care facilities • Georgia
This Settlement and Indemnification Agreement (this "Agreement"), is made and entered into as of March 26, 2015, and is entered into by and between Adcare Health Systems, Inc and its wholly owned subsidiaries and affiliates (collectively, "Adcare") and Chris Brogdon ("Brogdon") and any affiliates or entities in which Chris Brogdon has an ownership interest including but not limited to the entities identified on the signature page hereof (such affiliates or entities are hereinafter collectively referred to as the "Brogdon Entities").
