Form of Notice & Terms & Conditions (for Non-Employee Directors)



 Exhibit 10.10.4 
 [Non-Employee Director Version] 
 NOTICE OF
STOCK UNIT GRANT 
 SABRA HEALTH
CARE REIT, INC. 
 2009 PERFORMANCE INCENTIVE
PLAN 
  

			
	Name of Grantee:	  	[            ]
		
	Number of Stock Units:	  	[            ]
		
	Date of Grant:	  	[            ]
		
	Vesting:	  	 [Vesting Schedule for Initial RSU Awards: Subject to earlier termination as provided in the attached Terms and
Conditions of Director Stock Unit Award, if you are providing services as a member of the Board on the applicable vesting date, one twenty-fourths
( 1/24) of the units covered by the award shall
become earned and vested on the [            ]1 day of each of the first twenty-four months following the Date of Grant. In addition, your units, to the extent then outstanding and unvested, shall become earned and vested in full upon the date of
(A) your death or Disability or (B) a Change in Control. The terms Board, Disability and Change in Control are used as defined in the Plan.]
  

[Vesting Schedule for Annual RSU Awards: Subject to earlier termination as provided in the attached Terms and Conditions of Director Stock
Unit Award, if you are providing services as a member of the Board on the applicable vesting date, one-twelfth ( 1/12) of the units covered by the award shall become earned and vested on the [            ]1 day of each of the first twelve months following the Date of Grant.
In addition, your units, to the extent then outstanding and unvested, shall become earned and vested in full upon (A) the day before the annual meeting of the Corporation’s stockholders in the year following the year in which the award was
granted, (B) the date of your death or Disability, or (C) the date of a Change in Control. The terms Board, Disability and Change in Control are used as defined in the Plan.]2


 By signing your name below, you accept this stock unit award and acknowledge and agree that the units are granted under and governed by the terms and conditions of the Sabra Health Care REIT, Inc. 2009
Performance Incentive Plan (the “Plan”) and the attached Terms and Conditions of Director Stock Unit Award, both of which are hereby made a part of this document. 

 
  

 
 1
 Insert the day of the month on which the award was granted. 
 2 As to the Annual RSU Award component of the grant to a new director, modify the one-twelfth fraction and number of
scheduled vesting installments to reflect the appropriate number of months in the vesting period pursuant to the Terms based on the expected date of the next annual meeting of the Corporation’s stockholders. In addition, for such an award, if
the director commences service in the same year as the expected date of the next annual meeting of the Corporation’s stockholders, clause (A) should be modified to read “the day before the next annual meeting of the Company’s
stockholders”. 







  

					
	“GRANTEE”	 		 	 SABRA HEALTH CARE REIT, INC.,
 a Delaware corporation

			
	 	 		 	 
	Signature	 		 	By: [                    ]
		 		 	Its: [                    ]


  
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 TERMS AND CONDITIONS OF
DIRECTOR STOCK UNIT AWARD 
 SABRA
HEALTH CARE REIT, INC. 
 2009 PERFORMANCE
INCENTIVE PLAN 
 1. Grant of Stock Units. 

(a) Award. These Terms and Conditions of Director Stock Unit Award (these “Terms”) apply to a particular
stock unit award (the “Award”) if incorporated by reference in the Notice of Stock Unit Grant (the “Grant Notice”) corresponding to that particular grant. The recipient of the Award identified in the Grant Notice is
referred to as the “Grantee.” The effective date of grant of the Award as set forth in the Grant Notice is referred to as the “Date of Grant.” The Award was granted under and subject to the Sabra Health Care REIT,
Inc. 2009 Performance Incentive Plan (the “Plan”). The number of shares covered by the Award are subject to adjustment under Section 7.1 of the Plan. Capitalized terms are defined in the Plan if not defined herein. The Award
has been granted to the Grantee in addition to, and not in lieu of, any other form of compensation otherwise payable or to be paid to the Grantee. The Grant Notice and these Terms are collectively referred to as the “Award
Agreement” applicable to the Award. 
 (b) Stock Units. As used herein, a “Stock Unit”
is a non-voting unit of measurement which is deemed for bookkeeping purposes to be equivalent in value to one outstanding share of Common Stock of the Corporation. The Stock Units shall be used solely as a device for the determination of any payment
to eventually be made to the Grantee if and when such Stock Units vest and become earned pursuant to Section 2. The Stock Units create no fiduciary duty to the Grantee and shall create only a contractual obligation on the part of the
Corporation to make payments, subject to vesting and the other terms and conditions hereof, as provided in Section 6 below. The Stock Units shall not be treated as property or as a trust fund of any kind. No assets have been secured or set
aside by the Corporation with respect to the Award and, if amounts become payable to the Grantee pursuant to this Award Agreement, the Grantee’s rights with respect to such amounts shall be no greater than the rights of any general unsecured
creditor of the Corporation. 
 2. Vesting. As set forth in the Grant Notice, this Award shall vest and
become earned in percentage installments, subject to earlier termination or acceleration and subject to adjustment as provided herein and in the Plan. Except as expressly provided in the Grant Notice, no portion of the Award will be earned or vested
(regardless of performance) unless the applicable time-based vesting requirement is satisfied. The Award may be subject to time and/or performance-based vesting conditions, as set forth in the Grant Notice. Continued service or employment will not
entitle the Grantee to any proportionate vesting or avoid or mitigate a termination of rights or benefits in connection with the end of a performance period to the extent the related performance condition(s) are not satisfied. If the Date of Grant
of the Award is on the 29th, 30th, or 31st day of a particular month and the particular vesting installment is otherwise scheduled to occur in a month that has fewer days, the scheduled vesting date for that month will be deemed to be the last day
of that month. 
 3. Continuance of Employment/Service Required; No Employment/Service Commitment. The
vesting schedule requires continued employment or service through each applicable vesting date as a condition to the vesting of the applicable installment of the Award and the rights and benefits under this Award Agreement. Employment or service for
only a portion of the vesting period, even if a substantial portion, will not entitle the Grantee to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or services as
provided in Section 7 below or under the Plan. 







 Nothing contained in this Award Agreement or the Plan constitutes a continued employment or
service commitment by the Corporation or any of its Subsidiaries, affects the Grantee’s status, if he or she is an employee, as an employee at will who is subject to termination without cause, confers upon the Grantee any right to remain
employed by or in service to the Corporation or any Subsidiary, interferes in any way with the right of the Corporation or any Subsidiary at any time to terminate such employment or service, or affects the right of the Corporation or any Subsidiary
to increase or decrease the Grantee’s other compensation. Nothing in this paragraph, however, is intended to adversely affect any independent contractual right of the Grantee under any written employment agreement with the Corporation.

 4. Dividend and Voting Rights. 
 (a) Limitations on Rights Associated with Units. The Grantee shall have no rights as a stockholder of the Corporation, no dividend rights (except as expressly provided in Section 4(b)
hereof) and no voting rights with respect to the Stock Units or any shares of Common Stock issuable in respect of such Stock Units, until shares of Common Stock are actually issued to and held of record by the Grantee. No adjustments will be made
for dividends or other rights of a holder for which the record date is prior to the date of issuance of the stock certificate evidencing the shares. 
 (b) Dividend Equivalent Reinvestment. As of each date that the Corporation pays an ordinary cash dividend on its outstanding Common Stock for which the related record date occurs after the
Date of Grant and prior to the date all Stock Units subject to the Award have either been paid or have terminated, the Corporation shall credit the Grantee with an additional number of Stock Units equal to (a) the amount of the ordinary cash
dividend paid by the Corporation on a single share of Common Stock on that date, multiplied by (b) the number of Stock Units subject to the Award outstanding and unpaid as of such record date (including any Stock Units previously credited under
this Section 4(b) and with such total number subject to adjustment pursuant to Section 7.1 of the Plan), divided by (c) the closing price of a share of Common Stock on that date. Any Stock Units credited pursuant to the foregoing
provisions of this Section 4(b) will be subject to the same vesting, payment, termination and other terms, conditions and restrictions as the original Stock Units to which they relate. No crediting of Stock Units will be made pursuant to this
Section 4(b) with respect to any Stock Units which, as of the related record date, have either been paid or have terminated. 
 5. Restrictions on Transfer. Prior to the time the Stock Units are vested and paid, neither the Stock Units comprising the Award nor any interest therein or amount payable in respect
thereof may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or encumbered, either voluntarily or involuntarily, other than by will or the laws of descent and distribution. 

6. Timing and Manner of Payment of Stock Units. Except as otherwise provided in the Grant Notice, the Stock Units
subject to this Award Agreement that are then earned and vested shall be paid in an equivalent number of whole shares of Common Stock (with any fractional Stock Units credited in respect of the Stock Units that are paid rounded down to the nearest
whole number of shares of Common Stock) within thirty (30) days after the first to occur of (i) the five-year anniversary of the Date of Grant, (ii) the date of the Grantee’s Separation from Service or
(iii) the date of a Change in Control that also constitutes a “change in the ownership” of the Corporation, a “change in the effective control” of the Corporation, or a “change in the ownership of a substantial portion
of the assets” of the Corporation, each within the meaning of Section 409A of the Code. Each such payment of Stock Units shall be subject to the tax withholding provisions of Section 9 hereof and Section 8.5 of the Plan and
subject to adjustment as provided in Section 7.1 of the Plan and shall be in complete satisfaction of such earned and vested Stock Units. The Grantee or any other person entitled under the Plan to receive a payment of shares of Common Stock
shall deliver to the Corporation any representations or other documents or assurances required pursuant to Section 8.1 of the Plan. 

  
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 7. Effect of Termination of Employment or Services. Except as otherwise
provided in the Grant Notice, the Grantee’s Stock Units shall terminate to the extent such units have not become earned and vested upon the first date the Grantee is no longer employed by or providing services to the Corporation or one of its
Subsidiaries, regardless of the reason for the termination of such employment or services, whether with or without cause, voluntarily or involuntarily. If the Grantee is employed by a Subsidiary and that entity ceases to be a Subsidiary, such event
shall be deemed to be a termination of employment of the Grantee for purposes of this Award Agreement, unless the Grantee otherwise continues to be employed by the Corporation or another of its Subsidiaries following such event. If the Grantee is
not an employee or director of the Corporation or a Subsidiary, the Administrator shall be the sole judge for purposes of this Award Agreement whether the Grantee continues to render services to the Corporation or a Subsidiary and the date, if any,
upon which such services shall be deemed to have terminated. The Corporation shall have no obligation as to any Stock Units that are terminated pursuant to the Grant Notice or this Section 7. 

8. Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock
contemplated by Section 7.1 of the Plan, the Administrator will make adjustments if appropriate in the number of Stock Units contemplated hereby and the number and kind of securities that may be issued in respect of the Award. 

9. Tax Withholding. The Corporation shall reasonably determine the amount of any federal, state, local or other
income, employment, or other taxes which the Corporation or any of its affiliates may reasonably be obligated to withhold with respect to the grant, vesting, payment or other event with respect to the Stock Units. The Corporation may, in its sole
discretion, withhold a sufficient number of shares of Common Stock in connection with the vesting or payment of the Stock Units at the then fair market value of the Common Stock (determined either as of the date of such withholding or as of the
immediately preceding trading day, as determined by the Corporation in its discretion) to satisfy the minimum amount of any such withholding obligations that arise with respect to the vesting or payment of such Stock Units. The Corporation may take
such action(s) without notice to the Grantee and shall remit to the Grantee the balance of any proceeds from withholding such shares in excess of the amount reasonably determined to be necessary to satisfy such withholding obligations. The Grantee
shall have no discretion as to the satisfaction of tax withholding obligations in such manner. If, however, any withholding event occurs with respect to the Stock Units other than the vesting or payment of such units, or if the Corporation for any
reason does not satisfy the withholding obligations with respect to the vesting or payment of the Stock Units as provided above in this Section 9, the Corporation shall be entitled to require a cash payment by or on behalf of the Grantee and/or
to deduct from other compensation payable to the Grantee the amount of any such withholding obligations. 
 10.
Notices. Any notice to be given under the terms of this Award Agreement shall be in writing and addressed to the Corporation at its principal office to the attention of the Secretary, and to the Grantee at the Grantee’s last
address reflected on the Corporation’s records, or at such other address as either party may hereafter designate in writing to the other. Any such notice shall be given only when received, but if the Grantee is no longer an employee of the
Corporation or one of its Subsidiaries, shall be deemed to have been duly given by the Corporation when enclosed in a properly sealed envelope addressed as aforesaid, registered or certified, and deposited (postage and registry or certification fee
prepaid) in a post office or branch post office regularly maintained by the United States Government. 
 11.
Plan. The Award and all rights of the Grantee under this Award Agreement are subject to, and the Grantee agrees to be bound by, all of the terms and conditions of the provisions of the Plan, incorporated herein by this reference. The
Grantee agrees to be bound by the terms of the Plan and of this Award Agreement. The Grantee acknowledges reading and understanding the Plan, the Prospectus for the Plan, and this Award Agreement. Unless otherwise expressly provided in other
sections of this Award 

  
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Agreement, provisions of the Plan that confer discretionary authority on the Board or the Administrator do not (and shall not be deemed to) create any rights in the Grantee unless such rights are
expressly set forth herein or are otherwise in the sole discretion of the Board or the Administrator so conferred by appropriate action of the Board or the Administrator under the Plan after the date hereof. 

12. Entire Agreement. This Award Agreement and the Plan together constitute the entire agreement and supersede all
prior understandings and agreements, written or oral, of the parties hereto with respect to the subject matter hereof. The Plan and this Award Agreement may be amended pursuant to Section 8.6 of the Plan. Such amendment must be in writing and
signed by the Corporation. The Corporation may, however, unilaterally waive any provision hereof in writing to the extent such waiver does not adversely affect the interests of the Grantee hereunder, but no such waiver shall operate as or be
construed to be a subsequent waiver of the same provision or a waiver of any other provision hereof. 
 13.
Counterparts. This Award Agreement may be executed simultaneously in any number of counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument. 

14. Section Headings. The section headings of this Award Agreement are for convenience of reference only and shall
not be deemed to alter or affect any provision hereof. 
 15. Governing Law. This Award Agreement and the
rights of the parties hereunder with respect to the Award shall be governed by and construed and enforced in accordance with the laws of the State of Delaware without regard to conflict of law principles thereunder. 

16. Clawback Policy. The Stock Units are subject to the terms of the Corporation’s recoupment, clawback or
similar policy as it may be in effect from time to time, as well as any similar provisions of applicable law, any of which could in certain circumstances require repayment or forfeiture of the Stock Units or any shares of Common Stock or other cash
or property received with respect to the Stock Units (including any value received from a disposition of the shares acquired upon payment of the Stock Units). 
 17. Six-Month Delay. Notwithstanding any provision of these Terms to the contrary, if the Grantee is a “specified employee” as defined in Section 409A of the Code, the
Grantee shall not be entitled to any payment with respect to the Award in connection with the Grantee’s Separation from Service until the earlier of (a) the date which is six (6) months after the Grantee’s Separation from Service
for any reason other than the Grantee’s death, or (b) the date of the Grantee’s death. Any amounts otherwise payable to the Grantee following the Grantee’s Separation from Service that are not so paid by reason of this
Section 17 shall be paid as soon as practicable for the Corporation (and in all events within thirty (30) days) after the date that is six (6) months after the Grantee’s Separation from Service (or, if earlier, the date of the
Grantee’s death). The provisions of this Section 17 shall only apply if, and to the extent, required to comply with Section 409A of the Code. 
 18. Construction. It is intended that the terms of the Award will not result in the imposition of any tax liability pursuant to Section 409A of the Code. This Award Agreement
shall be construed and interpreted consistent with that intent. 

  
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