EX-10.5



 Exhibit 10.5 

DaVita HealthCare Partners Inc. 

Stock Appreciation Rights Agreement under the 

DaVita HealthCare Partners Inc. 2011 Incentive Award Plan 

and Long-Term Incentive Program 
 This
Stock Appreciation Rights Agreement (this “Agreement”) is dated as of the Grant Date indicated below by and between DaVita HealthCare Partners Inc., a Delaware corporation (the “Company”) and the Grantee pursuant to the
DaVita HealthCare Partners Inc. 2011 Incentive Award Plan, as amended and restated (the “Plan”). 
 Primary Terms 

 

					
		 	Grantee:	  	«Grantee»
			
		 	Address:	  	 «Address_1»
 «City»,
«State» «Zip»

			
		 	Grant Date:	  	«Grant_Date»
			
		 	Base Shares:	  	«SSAR_Award»
			
		 	Base Price per Share:	  	$«Base_Price»
			
		 	Vesting Schedule:	  	«SSAR_Vesting_1»
		 		  	«SSAR_Vesting_2»
			
		 	Expiration Date:	  	«Expiration_Date»
			
		 	Plan Name:	  	2011 Incentive Award Plan
			
		 	Plan ID#:	  	2011

 This Agreement includes this cover page and the following Exhibits, which are expressly incorporated by reference in their
entirety herein: 
 Exhibit A – General Terms and Conditions 

Exhibit B – Events Causing Full Vesting of Awards 

Grantee hereby expressly acknowledges and agrees that he or she is an employee at will and may be terminated by the Company or its applicable Affiliate at any
time, with or without cause. Grantee’s acceptance of this Agreement indicates that he or she accepts and agrees to all the terms and provisions of this Agreement and to all the terms and provisions of the Plan, incorporated by reference herein.
Capitalized terms that are used but not defined in this Agreement shall have the meanings set forth in the Plan. 
 IN WITNESS WHEREOF, the Company and the
Grantee have executed this Agreement effective as of the Grant Date. 
  

					
	 DaVita HealthCare Partners Inc.
  

Martha Ha
 Corporate Secretary
	 		 	 Grantee
  

«Grantee»


 Note: Please mark and initial any correction to the Grantee’s name and/or address shown on this page before returning
a signed copy of this agreement to the Stock Plan Administrator. 

  

			
	Page 1	  	Award ID: «Award_ID»









 DaVita HealthCare Partners Inc. 

Stock Appreciation Rights Agreement 

Exhibit A – General Terms and Conditions 

For valuable consideration, the receipt of which is acknowledged, the parties hereto agree as follows: 

1. Grant of Stock Appreciation Rights Award 

The Company hereby grants to Grantee the right (“Award”) to receive with respect to all or any portion of
«SSAR_Award» shares (“Base Shares”) of the common stock of the Company (“Common Stock”) a number of shares (“Gain Shares”) of Common Stock with a Fair Market Value equal to the amount by which the
Fair Market Value of one share of Common Stock on the date on which the Award is exercised exceeds a base price of $«Base_Price» per share (“Base Price”). 

2. Term of Stock Appreciation Rights Award 

(a) This Award shall be effective for the period (“Term”) from the Grant Date shown above through
«Expiration_Date» (“Expiration Date”). 
 (b) In the case of the termination of Grantee’s employment with
the Company for any reason (whether voluntary or involuntary) (“Severance”), the following rules shall apply in determining the date on which the Award shall terminate. 

(i) If Grantee dies while employed by the Company or during the three (3) month period immediately subsequent to his or her Severance, the
Award shall terminate one (1) year from the date of the Severance. 
 (ii) If Grantee was disabled (within the meaning of
Section 22(e)(3) of the Code) at the time of his or her Severance, the Award shall terminate one (1) year following the Severance. 

(iii) In all other cases, the Award shall terminate three (3) months following the Severance. 

(iv) Notwithstanding the foregoing, the Award shall terminate no later than the Expiration Date, regardless of whether or not Grantee remains
in the employ of the Company. 
 (c) If Grantee is transferred between the Company and a subsidiary thereof, or vice versa, or between
subsidiaries, Severance shall not be deemed to have occurred. 
 (d) If there is a meaningful reduction, determined in the Company’s
sole discretion, in both Grantee’s duties and responsibilities and the level of Grantee’s regular cash compensation for an extended or indefinite period of time, the Company reserves the right to unilaterally revoke some or all of the
unvested portion of the Award. 
 3. Exercisability 

(a) The Base Shares subject to this Award shall become exercisable (“vest”) on the dates indicated under the Vesting Schedule table
above such that this Award shall be fully exercisable on the last date listed on such table; provided, however, that such vesting shall cease at the time of Grantee’s Severance. 

  

			
	Page 2	  	Award ID: «Award_ID»









 (b) These installments shall be cumulative, so that this Award may be exercised as to any or all
of the Base Shares covered by an installment at any time or times after the installment becomes vested and until this Award terminates. 

(c) The foregoing notwithstanding, in the event of a Change of Control, the entire Award may vest immediately. The specific provisions
regarding circumstances in which full vesting would occur are set forth in Exhibit B. 
 (d) Except as otherwise provided for herein,
Grantee’s Severance (whether by reason of death or otherwise) shall not accelerate the number of Base Shares with respect to which an Award may be exercised. 

4. Method of Exercising 

This Award may be exercised by Grantee upon delivery of the following documents to the Company at its principal executive offices, or as
otherwise required in accordance with a broker-assisted cashless exercise program: 
 (a) Written notice, in the form of a completed exercise
election form, specifying the number of Base Shares with respect to which the Award is being exercised; 
 (b) Such agreements or
undertakings that are required by the Committee pursuant to the Plan; and 
 (c) Provision for the payment of any taxes (including
withholding taxes) which may be required by the Committee. 
 5. Settlement of Award 

Upon exercise of the Award, in whole or in part, the Company shall: 

(a) provide for the registration in book-entry form for Grantee’s benefit of the Gain Shares (rounded down to the nearest whole number,
and which may be reduced by any Gain Shares required to be withheld or sold on behalf of Grantee to satisfy tax withholding requirements), or 

(b) deliver to Grantee a stock certificate representing the Gain Shares (rounded down to the nearest whole number, and which may be reduced by
any Gain Shares required to be withheld or sold on behalf of Grantee to satisfy tax withholding requirements). 
 6. Clawback
Provision 
 Notwithstanding any other provision in this Agreement to the contrary, Grantee shall be subject to the written policies
of the Company’s Board of Directors applicable to Company executives, including without limitation any Board policy relating to recoupment or “clawback” of compensation arising from exercise of this Award, as they exist from time to
time during Grantee’s employment by the Company and thereafter. 
 7. Assignments  

(a) This Award shall be exercisable only by Grantee during Grantee’s lifetime, provided that in the event of the death of Grantee
while employed by the Company or during the three (3) month period immediately subsequent to his or her Severance, this Award may be exercised by any of Grantee’s executor, heirs or administrator to whom this Award may have been assigned
or transferred as provided in Section 7(b) below. 

  

			
	Page 3	  	Award ID: «Award_ID»









 (b) The rights of Grantee under this Award may not be assigned or transferred except by will or
by the laws of descent and distribution. 
 8. No Rights as a Stockholder  

Grantee shall have no rights as a stockholder of any Base Shares or Gain Shares unless and until the Gain Shares are issued to Grantee upon the
exercise of the Award. 
 9. Interpretation of Award 

(a) This Award is granted under the provisions of the Plan and shall be interpreted in a manner consistent with it. 

(b) Any provision in this Award inconsistent with the Plan shall be superseded and governed by the Plan. 

(c) For all purposes under this Award, employment by the Company shall include employment by the Company or any subsidiary thereof. 

10. Restrictions on Transfer of Shares  

Grantee acknowledges that any Gain Shares issued upon exercise of this Award may be subject to such restrictions on transfer as the Company may
deem necessary to comply with all applicable state and federal securities laws and regulations. 
 11. Amendments 

Except as provided in Section 2(d) above, this Award may be amended at any time with the consent of the Company and Grantee. 

12. Non-Competition/Non-Solicitation/Non-Disclosure 

(a) Non-Competition. Grantee acknowledges and recognizes the highly competitive nature of the business of the Company and accordingly
agrees that while Grantee is an employee of the Company and for the «NonCompete_Term» period following termination of such relationship for any reason (whether voluntary or involuntary) (the “Restricted Period”), Grantee shall
not, as an employee, independent contractor, consultant, or in any other form, prepare to provide or provide any of the same or similar services that Grantee performed during his/her employment with or service to the Company for any other
individual, partnership, limited liability company, corporation, independent practice association, management services organization, or any other entity (collectively, “Person”) that competes in any way with the area of business of the
Company, or any of its subsidiaries or affiliates, in which Grantee worked and/or performed services. For purposes of the above, preparing to provide any of the same or similar services includes, but is not limited to, planning with any Person on
how best to compete with the Company or any of its subsidiaries or affiliates, or discussing the Company’s, or any of its subsidiaries’ or affiliates’ business plans or strategies with any Person. 

Grantee further agrees that during the Restricted Period, Grantee shall not own, manage, control, operate, invest in, acquire an interest in,
or otherwise engage in, act for, or act on behalf of any Person (other than the Company and its subsidiaries and affiliates) engaged in any activity that Grantee was responsible for during Grantee’s employment with or engagement by the Company
where such activity is similar to or competitive with the activities carried on by the Company or any of its subsidiaries or affiliates. 

  

			
	Page 4	  	Award ID: «Award_ID»









 Grantee acknowledges that during the Restricted Period, Grantee may be exposed to confidential
information and/or trade secrets relating to business areas of the Company or any of its subsidiaries or affiliates that are different from and in addition to the areas in which Grantee primarily works for the Company (the “Additional
Protected Areas of Business”). As a result, Grantee agrees he/she shall not own, manage, control, operate, invest in, acquire an interest in, or otherwise act for, act on behalf, or provide the same or similar services to, any Person that
engages in the Additional Protected Areas of Business. 
 Grantee acknowledges and agrees that the geographical limitations and
duration of this covenant not to compete are reasonable. 
 To the extent that the provisions of this Section 12(a) conflict with any
other agreement signed by Grantee relating to non-competition, the provisions that are most protective of the Company’s, and any of its subsidiaries’ or affiliates’, interests shall govern. 

(b) Non-Solicitation. Grantee agrees that during the term of his/her employment and/or service to the Company or any of its subsidiaries
or affiliates and for the one-year period following the termination of his/her employment and/or service for any reason (whether voluntary or involuntary), Grantee shall not (i) solicit any of the Company’s or any of its subsidiaries’
or affiliates’ employees to work for any Person, (ii) hire any of the Company’s, or any of its subsidiaries’ or affiliates’, employees to work (as an employee or an independent contractor) for any Person, (iii) take any
action that may reasonably result in any of the Company’s, or any of its subsidiaries’ or affiliates’, employees going to work (as an employee or an independent contractor) for any Person, (iv) induce any patient or customer of
the Company, or any of its subsidiaries or affiliates, either individually or collectively, to patronize any competing business; (v) request or advise any patient, customer, or supplier of the Company, or any of its subsidiaries or affiliates,
to withdraw, curtail, or cancel such person’s business with the Company, or any of its subsidiaries or affiliates; (vi) enter into any contract the purpose or result of which would benefit Grantee if any patient or customer of the Company,
or any of its subsidiaries or affiliates, were to withdraw, curtail, or cancel such person’s business with the Company, or any of its subsidiaries or affiliates; (vii) solicit, induce, or encourage any physician (or former physician)
affiliated with the Company, or any of its subsidiaries or affiliates, or induce or encourage any other person under contract with the Company, or any of its subsidiaries or affiliates, to curtail or terminate such person’s affiliation or
contractual relationship with the Company, or any of its subsidiaries or affiliates; or (viii) disclose to any Person the names or addresses of any patient or customer of the Company, or any of its subsidiaries or affiliates. 

(c) Non-Disclosure. In addition, Grantee agrees not to disclose or use for his or her own benefit or purposes or for the benefit or
purposes of any Person other than the Company and any of its subsidiaries or affiliates, any trade secrets, information, data, or other confidential information relating to customers, development, programs, costs, marketing, trading, investment,
sales activities, promotion, credit and financial data, financing methods, plans, or the business and affairs of the Company or any of its subsidiaries or affiliates (“Information”); provided, however, the foregoing shall not apply to (i)
Information which is not unique to the Company or any of its subsidiaries or affiliates, or (ii) Information which is generally known to the industry or the public other than as a result of Grantee’s breach of this covenant, or
(iii) disclosure that is required by any applicable law, rule or regulation. If Grantee receives such a request to produce Information in his or her possession, Grantee shall provide the Company reasonable advance notice, in writing, prior to
producing said Information, so as to give the Company reasonable time to object to Grantee producing said Information. Grantee also agrees that Grantee will not become employed by or enter into service with any Person other than the Company and any
of its subsidiaries or affiliates in which Grantee will be obligated to disclose or use any Information, or where such disclosure would be inevitable because of the nature of the position. 

  

			
	Page 5	  	Award ID: «Award_ID»









 (d) If, at any time within (a) the Term of this Award, or (b) one (1) year after
termination of Grantee’s employment with the Company, or any of its subsidiaries or affiliates, for any reason (whether voluntary or involuntary), whichever is the latest, Grantee (i) breaches the non-competition provision of
Section 12(a), (ii) breaches the non-solicitation provision of Section 12(b), (iii) breaches the non-disclosure provision of Section 12(c), (iv) is convicted of a felony, (v) has been adjudicated by a court of
competent jurisdiction of having committed an act of fraud or dishonesty resulting or intending to result directly or indirectly in personal enrichment at the expense of the Company or any of its subsidiaries or affiliates, or (vi) is excluded
from participating in any federal health care program, then (1) this Award shall terminate effective on the date on which Grantee enters into such activity and (2) the Company may seek temporary, preliminary, and permanent injunctive
relief to prevent any actual or threatened breach or continuation of any breach of this Agreement without the necessity of proving actual damages or posting a bond or other security (which Grantee hereby agrees to) and/or an order requiring Grantee
to repay the Company any gain realized by Grantee from exercising all or a portion of this Award. 
 13. Compliance  

It is understood and agreed upon that at all times Grantee will act in full compliance with the Company’s Code of Conduct, Policies and
Procedures, JV Compliance Handbook, MDA Compliance Handbook, Gift Policy and the credentialing process (collectively, the “Policies”).

Grantee may not improperly use something of value to attempt to induce or actually induce, either directly or indirectly, a patient to switch
to, or continue to receive, treatment at a Company facility center in violation of the Policies. Inducement may include paying a patient, providing gifts, or otherwise providing something of value to a patient to switch to, or continue to
receive treatment at a Company facility center. Grantee also may not attempt to induce or actually induce a referral source with something of value to obtain referrals in violation of the Policies. 

If Grantee’s conduct, whether related to the Award granted under this Agreement or otherwise, violates the requirements of the
immediately preceding two paragraphs, then Grantee will forfeit any unvested portion of the Award granted under this Agreement and be subject to immediate disciplinary action, up to and including termination. 

If at any time Grantee has questions or concerns about the Compliance provisions in this Section 13, or suspects any improper conduct
related to this initiative, Grantee should immediately contact his or her supervisor or Team Quest. Grantee also may anonymously and confidentially call the Company’s Compliance Hotline at 888-458-5848. 

14. Compliance with Law  

No shares of Stock shall be issued and delivered for a Gain Share unless and until all applicable registration requirements of the Securities
Act of 1933, as amended, all applicable listing requirements of any national securities exchange on which the Stock is then listed, and all other requirements of law or of any regulatory bodies having jurisdiction over such issuance and delivery,
shall have been complied with. In particular, the Committee may require certain investment (or other) representations and undertakings in connection with the issuance of securities in connection with the Plan in order to comply with applicable law.

 If any provision of this Agreement is determined to be unenforceable or invalid under any applicable law, such provision will be applied
to the maximum extent permitted by applicable law, and shall automatically be deemed amended in a manner consistent with its objectives to the extent necessary to conform to any limitations required under applicable law. Furthermore, if any
provision of this Agreement is determined to be illegal under any applicable law, such provision shall be null and void to the extent necessary to comply with applicable law, but the other provisions of this Agreement shall remain in full force and
effect. 

  

			
	Page 6	  	Award ID: «Award_ID»









 15. Execution 

This Agreement and the Award may be considered null and void at the discretion of the Company if a signed copy is not returned to Stock Plan
Administration no later than «Agmt_Deadline». 

  

			
	Page 7	  	Award ID: «Award_ID»









 DaVita HealthCare Partners Inc. 

Stock Appreciation Rights Agreement 

Exhibit B – Events Causing Full Vesting of Awards 

The Award shall automatically vest in its entirety (i) immediately prior to the effective date of a “Change of Control” (defined below) if the
“Acquiror” (defined below) fails to assume, convert or replace this Award, or (ii) as of the date of termination of Grantee’s employment if such termination occurs within twenty-four (24) months following a Change of Control
by the Company (or the Acquiror) other than for “Cause” (defined below) or, if applicable, by Grantee in accordance with the termination for “Good Reason” provisions of Grantee’s employment agreement, if any. 

“Change of Control” means: 
 (i) any
transaction or series of transactions in which any person or group (within the meaning of Rule 13d-5 under the Exchange Act and Sections 13(d) and 14(d) under the Exchange Act) becomes the direct or indirect “beneficial owner” (as defined
in Rule 13d-3 under the Exchange Act), by way of a stock issuance, tender offer, merger, consolidation, other business combination or otherwise, of greater than 50% of the total voting power (on a fully diluted basis as if all convertible securities
had been converted and all warrants and options had been exercised) entitled to vote in the election of directors of the Company (including any transaction in which the Company becomes a wholly-owned or majority-owned subsidiary of another
corporation); 
 (ii) any merger or consolidation or reorganization in which the Company does not survive; 

(iii) any merger or consolidation in which the Company survives, but the shares of the Company’s Common Stock outstanding immediately
prior to such merger or consolidation represent 50% or less of the voting power of the Company after such merger or consolidation; or 
 (iv)
any transaction in which more than 50% of the Company’s assets are sold; 
 provided, however, that no transaction contemplated by clauses
(i) through (iv) above shall constitute a Change of Control if both (x) the person acting as the Chief Executive Officer of the Company for the six months prior to such transaction becomes the Chief Executive Officer or the Executive
Chairman of the Board of Directors of the entity that has acquired control of the Company as a result of such transaction (the “Acquiror”) immediately after such transaction and remains the Chief Executive Officer or Executive Chairman of
the Board of Directors for not less than one year following the transaction and (y) a majority of the Acquiror’s board of directors immediately after such transaction consist of persons who were directors of the Company immediately prior
to such transaction. 
 “Cause” means: (1) a material breach by Grantee of his or her duties and responsibilities which do not differ in any
material respect from the duties and responsibilities of Grantee during the ninety (90) days immediately prior to a Change of Control (other than as a result of incapacity due to physical or mental illness) which is demonstrably willful and
deliberate on Grantee’s part, which is committed in bad faith or without reasonable belief that such breach is in the best interests of the Company and which is not remedied in a reasonable period of time after receipt of written notice from
the Company specifying such breach; (2) willful misconduct or gross negligence which results in material harm to the Company; (3) the conviction of Grantee of, or a plea of nolo contendere by Grantee to, a felony or other crime
involving fraud or dishonesty; or (4) willful violation of Company policies which results in material harm to the Company. 

  

			
	Page 8	  	Award ID: «Award_ID»