Document:

Amendment No. 1 to Credit Agreement

 Exhibit 10.1 
 EXECUTION VERSION 
  

 
  

AMENDMENT NO. 1 TO CREDIT AGREEMENT 
 Dated as of September 9, 2011 
 to 

CREDIT AGREEMENT 
 Dated as of January 14, 2011 
 among 

O’REILLY AUTOMOTIVE, INC.,  
 as the Borrower, 
 BANK OF AMERICA, N.A., 

as Administrative Agent, Swing Line Lender L/C Issuer and a Lender, 

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED,  

as Sole Lead Arranger, 
 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED,  
 and

 J.P. MORGAN SECURITIES LLC, 
 as Joint Bookrunners, 
 JPMORGAN CHASE BANK, N.A., 

as Syndication Agent, 
 U.S. BANK, NATIONAL ASSOCIATION 
 and 

WELLS FARGO BANK, NATIONAL ASSOCIATION 
 as Co-Documentation Agents, 
 and 

THE OTHER LENDERS PARTY THERETO 
  

 
  

 AMENDMENT NO. 1 TO CREDIT AGREEMENT 

This AMENDMENT NO. 1 TO CREDIT AGREEMENT (this “Agreement”) dated as of September 9, 2011, is made by and
among O’REILLY AUTOMOTIVE, INC., a Missouri corporation (the “Borrower”), BANK OF AMERICA, N.A., a national banking association organized and existing under the laws of the United States, in its capacity as
Administrative Agent for the Lenders (this and each other capitalized term used in this Agreement and not otherwise defined herein shall have the meaning given to such term in the Credit Agreement (as defined below)), the L/C Issuer, the Swing Line
Lender and each of the Lenders signatory hereto. 
 W I T N E S S E T H: 

WHEREAS, the Borrower, the Administrative Agent, the L/C Issuer, the Swing Line Lender and the Lenders have entered into that
certain Credit Agreement dated as of January 14, 2011 (as hereby amended and as from time to time hereafter further amended, modified, supplemented, restated, or amended and restated, the “Credit Agreement”), pursuant to which
the Lenders and the L/C Issuer have made available to the Borrower a revolving credit facility; and 
 WHEREAS, the
Borrower has advised the Administrative Agent, the L/C Issuer, the Swing Line Lender and the Lenders that it desires to amend certain provisions of the Credit Agreement as set forth below and the Administrative Agent, the L/C Issuer, the Swing Line
Lender and the Lenders signatory hereto are willing to effect such amendment on the terms and conditions contained in this Agreement; 
 NOW, THEREFORE, in consideration of the premises and further valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 

1. Amendments to Credit Agreement. Subject to the terms and conditions set forth herein, the Credit Agreement is hereby
amended as follows: 
 (a) The existing definitions in Section 1.01 of the Credit Agreement for the
terms “Applicable Rate” and “Maturity Date” are deleted in their entirety and the following new definitions for such terms are added in lieu thereof: 
 “Applicable Rate” means, from time to time, the following percentages per annum, based upon the Borrower’s Debt Rating as set forth below: 

 

															
	 Applicable Rate
	 
	 Pricing

Level
	  	 Debt Ratings

S&P/Moody’s
	  	Facility Fee	 	 	Eurodollar Rate +
Letters 
of Credit	 	 	Base Rate	 
	 1
	  	3 BBB+/Baa1	  	 	0.150	% 	 	 	0.975	% 	 	 	0.000	% 
	 2
	  	BBB/Baa2	  	 	0.175	% 	 	 	1.200	% 	 	 	0.200	% 
	 3
	  	BBB-/Baa3	  	 	0.225	% 	 	 	1.275	% 	 	 	0.275	% 
	 4
	  	BB+/Ba1	  	 	0.275	% 	 	 	1.475	% 	 	 	0.475	% 
	 5
	  	< BB+/Ba1	  	 	0.400	% 	 	 	1.600	% 	 	 	0.600	% 

 “Debt Rating” means, as of any date of determination, the
rating as determined by either S&P or Moody’s (collectively, the “Debt Ratings”) of the Borrower’s non-credit-enhanced, senior unsecured long-term debt; provided that (a) if the respective Debt Ratings
issued by the foregoing rating agencies differ by one level, then the Pricing Level for the higher of such Debt Ratings shall apply (with the Debt Rating for Pricing Level 1 being the highest and the Debt Rating for Pricing Level 5 being the
lowest); (b) if there is a split in Debt Ratings of more than one level, then the Pricing Level that is one level lower than the Pricing Level of the higher Debt Rating shall apply; (c) if the Borrower has only one Debt Rating, the Pricing
Level for such Debt Rating shall apply; and (d) if the Borrower does not have any Debt Rating, then Pricing Level 5 shall apply. 
 As of the Closing Date, the Applicable Rate shall be determined based upon the Debt Rating specified in the certificate delivered pursuant to Section 4.01(a)(vii). Thereafter, each change in
the Applicable Rate resulting from a publicly announced change in the Debt Rating shall be effective, in the case of an upgrade, during the period commencing on the date of the public announcement thereof and ending on the date immediately preceding
the effective date of the next change in Applicable Rate and, in the case of a downgrade, during the period commencing on the date of the public announcement thereof and ending on the date immediately preceding the effective date of the next change
in Applicable Rate. 
 “Maturity Date” means September 9, 2016; provided, however, that if
such date is not a Business Day, the Maturity Date shall be the next preceding Business Day. 
 (b) The existing
Schedule 2.01 to the Credit Agreement is replaced in its entirety with new Schedule 2.01 attached hereto. 

  
 2 

 2. Consent to Reallocation of Commitments. The Commitments of each Lender
under the Credit Agreement immediately prior to the effectiveness of this Agreement that is not a party hereto (each, a “Non-Consenting Lender”) shall be deemed terminated on the date hereof. Each Lender party hereto hereby
(a) confirms its Commitment as set forth on Schedule 2.01 attached hereto and made a part of the Credit Agreement and (b) agrees that its Applicable Percentage shall be deemed adjusted as set forth thereon as of the date hereof for
all purposes of the Credit Agreement, including, without limitation, the effect of any such adjustment in its Applicable Percentage on its participation obligations with respect to issued and outstanding Letters of Credit and outstanding Swing Line
Loans, if any. 
 3. Waiver of Pro Rata Treatment. To the extent necessary to permit the implementation of this
Agreement, each Lender party hereto hereby waives any requirement in the Credit Agreement that any payment in respect of any principal or interest on any of the Committed Loans made by it, or the participations in L/C Obligations or in Swing Line
Loans held by it, or the termination and/or reduction of any Commitments, be made on a pro rata basis or in accordance with the Applicable Percentages in effect immediately prior to the effectiveness of this Agreement. All requirements for prior
notification of borrowings or prepayments of Loans or terminations and/or reductions of Commitments are hereby waived with respect to all borrowings, prepayments and Commitment terminations and/or reductions contemplated by this Agreement.

 4. Effectiveness; Conditions Precedent. This Agreement and the amendments to the Credit Agreement herein
provided shall become effective upon satisfaction of the following conditions precedent: 
 (a) the
Administrative Agent shall have received each of the following documents or instruments in form and substance reasonably acceptable to the Administrative Agent: 
 (i) executed counterparts of this Agreement, each of which shall be originals or telecopies or other electronic imaging transmission (e.g. “pdf” via e-mail) (followed promptly by originals),
duly executed by the Borrower, the Administrative Agent and each of the Lenders; 
 (ii) executed counterparts
(each of which shall be originals or telecopies or other electronic imaging transmission (e.g. “pdf” via e-mail) (followed promptly by originals)), of an acknowledgement and consent of the Guarantors (“Acknowledgement and Consent
of Guarantors”) whereby each Guarantor acknowledges and consents to the amendments to the Credit Agreement set forth herein and reaffirms its obligations under the Guaranty after giving effect to this Agreement, in form and substance
satisfactory to the Administrative Agent, duly executed by each Guarantor; 
 (iii) such certificates of
resolutions or other action, incumbency certificates and/or other certificates of Responsible Officers of each Loan Party as 

  
 3 

 
the Administrative Agent may require evidencing the identity, authority and capacity of each Responsible Officer thereof authorized to act as a Responsible Officer in connection with this
Agreement; 
 (iv) such documents and certifications as the Administrative Agent may reasonably require to
evidence that each Loan Party is duly organized or formed, validly existing, in good standing and qualified to engage in business in its jurisdiction of organization; 

(v) favorable opinions of Skadden, Arps, Slate, Meagher & Flom LLP, counsel to the Loan Parties, and Arizona and
Missouri local counsel to certain Loan Parties, in each case, addressed to the Administrative Agent and each Lender, addressing such matters as reasonably requested by and in form and substance satisfactory to the Administrative Agent and its
counsel; and 
 (b) all Obligations owing to any Non-Consenting Lender in respect of the principal amount of
Loans and accrued and unpaid interest or fees owed to such Non-Consenting Lender as of the date hereof shall have been paid to such Non-Consenting Lender, and such Non-Consenting Lender shall have consented to the termination of its status as a
Lender under the Credit Agreement upon the effectiveness of this Agreement; and 
 (c) all fees and expenses
required, pursuant to Section 10.04 of the Credit Agreement to be paid by the Borrower to the Administrative Agent, the L/C Issuer and the Lenders (including the fees and expenses of McGuireWoods LLP, as counsel to the Administrative
Agent) to the extent such fees have been invoiced on or prior to the date hereof; provided that such fees and expenses shall be limited to $40,000. 
 5. Representations and Warranties. In order to induce the Administrative Agent and the Lenders to enter into this Agreement, the Borrower represents and warrants to the Administrative Agent
and the Lenders as follows: 
 (a) The representations and warranties made by each Loan Party in
Article V of the Credit Agreement and in each of the other Loan Documents to which such Loan Party is a party are true and correct in all material respects on and as of the date hereof, except to the extent that such representations and
warranties expressly relate to an earlier date, in which case such representations and warranties shall have been true and correct in all material respects on and as of such earlier date; 

(b) Since the date of the most recent financial reports of the Borrower delivered pursuant to Section 6.01 of
the Credit Agreement, there has been no event or circumstance either individually or in the aggregate that has had or could reasonably be expected to have a Material Adverse Effect; 

(c) The Persons executing the Acknowledgement and Consent of Guarantors constitute all Persons who are required to be
Guarantors pursuant to the terms of the 

  
 4 

 
Credit Agreement and the other Loan Documents, including without limitation all Persons who became Subsidiaries (other than an Immaterial Subsidiary) or were otherwise required to become
Guarantors after the Closing Date pursuant to Section 6.12 of the Credit Agreement, and each of such Persons has become and remains a party to the Guaranty as a Guarantor; 

(d) This Agreement has been duly authorized, executed and delivered by the Borrower, and constitutes a legal, valid and
binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to
general principles of equity, regardless of whether considered in a proceeding in equity or at law; 
 (e) The
Acknowledgement and Consent of Guarantors has been duly authorized and executed by each Guarantor, and simultaneously with the delivery of this Agreement, will have been duly delivered by each Guarantor, and constitutes a legal, valid and binding
obligation of each Guarantor, enforceable against each Guarantor in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general
principles of equity, regardless of whether considered in a proceeding in equity or at law; 
 (f) No Default or
Event of Default has occurred and is continuing. 
 6. Entire Agreement. This Agreement, together with all the
Loan Documents (collectively, the “Relevant Documents”), sets forth the entire understanding and agreement of the parties hereto in relation to the subject matter hereof and supersedes any prior negotiations and agreements among the
parties relating to such subject matter. No promise, condition, representation or warranty, express or implied, not set forth in the Relevant Documents shall bind any party hereto, and no such party has relied on any such promise, condition,
representation or warranty. Each of the parties hereto acknowledges that, except as otherwise expressly stated in the Relevant Documents, no representations, warranties or commitments, express or implied, have been made by any party to the other in
relation to the subject matter hereof or thereof. None of the terms or conditions of this Agreement may be changed, modified, waived or canceled orally or otherwise, except in writing and in accordance with Section 10.01 of the Credit
Agreement. 
 7. Full Force and Effect of Agreement. Except as hereby specifically amended, modified or
supplemented, the Credit Agreement and all other Loan Documents are hereby confirmed and ratified in all respects and shall be and remain in full force and effect according to their respective terms. 

8. Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original as
against any party whose signature appears thereon, and all of which shall together constitute one and the same instrument. 

  
 5 

 9. Governing Law. This Agreement shall in all respects be governed by, and
construed in accordance with, the laws of the State of New York and shall be further subject to the provisions of Section 10.14 of the Credit Agreement. 
 10. Enforceability. Should any one or more of the provisions of this Agreement be determined to be illegal or unenforceable as to one or more of the parties hereto, all other provisions
nevertheless shall remain effective and binding on the parties hereto. 
 11. References. On or after the date
hereof, all references in any of the Loan Documents to the “Credit Agreement” shall mean the Credit Agreement, as amended by this Agreement. 
 12. Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the Borrower, the Administrative Agent, the L/C Issuer, the Swing Line Lender and each of the
Lenders, and their respective successors, legal representatives, and assignees to the extent such assignees are permitted assignees as provided in Section 10.06 of the Credit Agreement. 

[Signature pages follow.] 

  
 6 

 IN WITNESS WHEREOF, the parties hereto have caused this instrument to be made,
executed and delivered by their duly authorized officers as of the day and year first above written. 
  

			
	BORROWER:
	
	O’REILLY AUTOMOTIVE, INC.
		
	By:	 	 /s/ Thomas McFall

	Name:	 	Thomas McFall
	Title:	 	Executive Vice President of Finance and Chief Financial Officer

  
 AMENDMENT NO.
1 TO CREDIT AGREEMENT 
 Signature Page 

			
	
	ADMINISTRATIVE AGENT:
	
	BANK OF AMERICA, N.A., as Administrative Agent
		
	By:	 	 /s/ Bozena Janociak

	Name:	 	Bozena Janociak
	Title:	 	Assistant Vice President

  
 AMENDMENT NO.
1 TO CREDIT AGREEMENT 
 Signature Page 

			
	
	LENDERS:
	
	BANK OF AMERICA, N.A., as a Lender, L/C Issuer and Swing Line Lender
		
	By:	 	 /s/ Eric A. Escagne

	Name:	 	Eric A. Escagne
	Title:	 	Senior Vice President

  
 AMENDMENT NO.
1 TO CREDIT AGREEMENT 
 Signature Page 

			
	
	JPMORGAN CHASE BANK, N.A., as a Lender
		
	By:	 	 /s/ Brandon Watkins

	Name:	 	Brandon Watkins
	Title:	 	Vice President

  
 AMENDMENT NO.
1 TO CREDIT AGREEMENT 
 Signature Page 

			
	
	U.S. BANK, NATIONAL ASSOCIATION, as a Lender
		
	By:	 	 /s/ Michael P. Dickman

	Name:	 	Michael P. Dickman
	Title:	 	Vice President

  
 AMENDMENT NO.
1 TO CREDIT AGREEMENT 
 Signature Page 

			
	
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as a Lender
		
	By:	 	 /s/ Kevin L. Handley

	Name:	 	Kevin L. Handley
	Title:	 	Senior Vice President

  
 AMENDMENT NO.
1 TO CREDIT AGREEMENT 
 Signature Page 

			
	
	BRANCH BANKING AND TRUST COMPANY, as a Lender
		
	By:	 	 /s/ Candace C. Moore

	Name:	 	Candace C. Moore
	Title:	 	Assistant Vice President

  
 AMENDMENT NO.
1 TO CREDIT AGREEMENT 
 Signature Page 

			
	
	FIFTH THIRD BANK, AN OHIO BANKING CORPORATION, as a Lender
		
	By:	 	 /s/ John Antonczak

	Name:	 	John Antonczak
	Title:	 	Vice President

  
 AMENDMENT NO.
1 TO CREDIT AGREEMENT 
 Signature Page 

			
	
	RBS CITIZENS, NATIONAL ASSOCIATION, as a Lender
		
	By:	 	 /s/ Mark A. Wegener

	Name:	 	Mark A. Wegener
	Title:	 	Senior Vice President

  
 AMENDMENT NO.
1 TO CREDIT AGREEMENT 
 Signature Page 

			
	
	CAPITAL ONE, NATIONAL ASSOCIATION, as a Lender
		
	By:	 	 /s/ Gina Monette

	Name:	 	Gina Monette
	Title:	 	Vice President

  
 AMENDMENT NO.
1 TO CREDIT AGREEMENT 
 Signature Page 

			
	
	BOKF, dba BANK OF OKLAHOMA, as a Lender
		
	By:	 	 /s/ Jessica Johnson

	Name:	 	Jessica Johnson
	Title:	 	Assistant Vice President

  
 AMENDMENT NO.
1 TO CREDIT AGREEMENT 
 Signature Page 

			
	
	UMB BANK, N.A., as a Lender
		
	By:	 	 /s/ Charles J. Wolf

	Name:	 	Charles J. Wolf
	Title:	 	Senior Vice President

  
 AMENDMENT NO.
1 TO CREDIT AGREEMENT 
 Signature Page 

			
	
	COMMERCE BANK, N.A., as a Lender
		
	By:	 	 /s/ Dennis R. Block

	Name:	 	Dennis R. Block
	Title:	 	Senior Vice President

  
 AMENDMENT NO.
1 TO CREDIT AGREEMENT 
 Signature Page 

			
	
	FIRST TENNESSEE BANK NATIONAL ASSOCIATION, as a Lender
		
	By:	 	 /s/ Matthew A. Wages

	Name:	 	Matthew A. Wages
	Title:	 	Vice President

  
 AMENDMENT NO.
1 TO CREDIT AGREEMENT 
 Signature Page 

 SCHEDULE 2.01 

COMMITMENTS 
 AND APPLICABLE PERCENTAGES 
  

									
	 Lender
	  	Commitment	 	  	Applicable
Percentage	 
			
	 Bank of America, N.A.
	  	$	90,000,000.00	  	  	 	13.636363636	% 
			
	 JPMorgan Chase Bank, N.A.
	  	$	85,000,000.00	  	  	 	12.878787879	% 
			
	 U.S. Bank, National Association
	  	$	80,000,000.00	  	  	 	12.121212121	% 
			
	 Wells Fargo Bank, National Association
	  	$	80,000,000.00	  	  	 	12.121212121	% 
			
	 Branch Banking and Trust Company
	  	$	60,000,000.00	  	  	 	9.090909091	% 
			
	 Fifth Third Bank, an Ohio Banking Corporation
	  	$	60,000,000.00	  	  	 	9.090909091	% 
			
	 RBS Citizens, National Association
	  	$	60,000,000.00	  	  	 	9.090909091	% 
			
	 Capital One, National Association
	  	$	35,000,000.00	  	  	 	5.303030303	% 
			
	 UMB Bank, N.A.
	  	$	35,000,000.00	  	  	 	5.303030303	% 
			
	 BOKF, dba Bank of Oklahoma
	  	$	25,000,000.00	  	  	 	3.787878788	% 
			
	 Commerce Bank, N.A.
	  	$	25,000,000.00	  	  	 	3.787878788	% 
			
	 First Tennessee Bank National Association
	  	$	25,000,000.00	  	  	 	3.787878788	% 
		  	  
	  
	 	  	  
	  
	 
			
	 Total
	  	$	660,000,000.00	  	  	 	100.000000000	%Form of Subscription Agreement between the Company and the Investor

 Exhibit 4.1 
 SUBSCRIPTION AGREEMENT 
 THIS SUBSCRIPTION AGREEMENT (the
“Agreement”) is entered as of August 30, 2011, by and between Comprehensive Care Corporation, a Delaware Corporation (the “Company”), and the investor whose name appears at the end of the Agreement (“Purchaser”).

 RECITALS 

The Company wishes to obtain financing and Purchaser desires to provide such financing to the Company through the purchase of the Company’s
Convertible Promissory Note with a Face Value of $             (the “Securities”), being privately offered by the Company. 

NOW, THEREFORE, in consideration of the premises hereof and the agreements set forth herein below and in the Convertible Promissory Note and the
Addendum thereto, the parties hereto hereby agree as follows: 
 1. Sale and Purchase of the Securities. Subject to the
terms and conditions herein, on the Closing Date, as defined in Section 3 hereof, the Company agrees to issue and sell, and Purchaser agrees to purchase, the Securities for the aggregate consideration of
                             dollars
($            ) (the “Purchase Price”). 
 2.
Description of Securities. The Securities will be an interest bearing convertible promissory note with the following terms: 
  

	 	i.	Term will be 18 months from date of issue. Purchaser shall have the right to extend the maturity date of the Note, in whole or in part, for an additional six
(6) months; 

  

	 	ii.	Coupon rate will be 14%, and any unpaid interest shall compound and shall be payable quarterly; 

 

	 	iii.	The outstanding principal plus accrued interest of the Securities are convertible at anytime at the holders discretion, in whole or in part, into the Company’s
Common Stock, par value $0.01 per share, at a conversion price equal to $0.25 per share; 

  

	 	iv.	One five year Warrant for every two dollars of face value convertible into the Company’s Common Stock at a price of $0.44 per share. 

3. Closing. The closing of the purchase and sale of the Securities hereunder (the “Closing”) shall be held on
August 30, 2011 (the “Closing Date”) with the signing of this Agreement and payment of the Purchase Price. 
 4.
Delivery by the Company. Within five (5) business days following the Closing, the Company shall deliver to Purchaser the Securities executed by the appropriate officers and registered in Purchaser’s name. 

  

Purchaser’s Initials              

 5. Delivery by Purchaser. Purchaser shall deliver the Purchase Price, as defined in
Section 1 herein, by check, wire transfer or bank check. 
 6. Representation by Purchaser. Purchaser represents and
warrants to the Company as follows: 
 (a) Access to Information. Purchaser has had access to all material and relevant
information concerning the Company necessary to enable Purchaser to make an informed investment decision with respect to his/her investment in the Company. Purchaser acknowledges that he/she or his/her representative has had the opportunity to ask
questions of and receive answers from and to obtain additional information from the Company or its representatives concerning the terms and conditions of the acquisition of the Securities and the present and proposed business and financial condition
of the Company and has had all such questions answered to his/her satisfaction and has been supplied all information requested. The Company acknowledges its understating that Purchaser has relied on the information so provided. 

(b) Financial Matters and Sophistication. Purchaser or his/her representatives has such knowledge and experience in business and
financial matters, such that he/she is capable of evaluating the merits and risks of investing in the Company. Purchaser represents that he/she is (i) an “accredited investor” as defined in Rule 501(a) of Regulation D promulgated
under the Securities and Exchange Act of 1933, as amended (the “1933 Act”); (ii) is capable of assuming the risk of investing in the Company; and (iii) satisfies the suitability standards of the Company as an individual as set
forth in sub-paragraphs “6 (i)” and “6 (ii)” below. 
 7. Important Considerations; Suitability
Standards-Who Should Invest 
 All subscribers for the Securities must be sophisticated investors with substantial net worth
and experience in making investments of this nature and be “accredited investors,” as defined in Rule 501 of Regulation D under the Act, by meeting any of the following conditions (please check appropriate box): 

 ̈ (i) has an individual income in excess of $200,000 in each of the two most recent years
or joint income with his or her subscriber spouse in excess of $300,000 in each of those years, and he or she reasonably expects an income in excess of the aforesaid levels in the current year; or 

 ̈ (ii) he or she has an individual net worth, or a joint net worth with his or her
spouse, at the time of his or her purchase in excess of $1,000,000 (net worth for these purposes includes homes, home furnishings and automobiles); or 
  ̈ (iii) he or she otherwise satisfies the Company that he or she is an accredited investor as defined in Rule 501 under the Act. 

  

Purchaser’s Initials              

 8. Warranties and Representation of the Company. The Company represents and warrants
to Purchaser as follows: 
 (a) Organization and Standing of the Company. The Company is a duly organized and validly
existing corporation in good standing under the laws of the State of Delaware with adequate power and authority to conduct the business in which it is now engaged and has the corporate power and authority to enter into this Agreement, and is in good
standing in such other states of jurisdictions as is necessary to enable it to carry on its business. 
 (b) Corporate Power
and Authority. The execution and delivery of this Agreement and the transaction contemplated hereby has been duly authorized by the Company’s Board of Directors. No other corporate proceeding on the part of the Company is necessary to
authorize this Agreement or the consummation of the transaction contemplated hereby. When duly executed and delivered by the parties hereto, this Agreement will constitute a valid and legally binding obligation of the Company enforceable against the
Company in accordance with its terms. 
 (c) Securities. All the Securities have been duly authorized and, upon issuance
and sale pursuant to the terms of this Agreement, will have been validly issued fully paid and non-assessable and will be free and clear of all liens, claims and encumbrances. 
 9. Notices. All notices, requests, consents or other communications required or permitted hereunder shall be in writing and shall be hand delivered or mailed first class postage prepaid, registered or
certified mail, to the following address: 
 In the case of the Company: 

Clark A. Marcus 

Chairman and CEO 

Comprehensive Care Corporation 
 3405 W. Martin Luther King Jr. Blvd, Suite 101 
 Tampa, FL 33607 

In the case of Purchaser, to the address set forth at the end of this Agreement or to such other addresses as may be specified in
accordance herewith from time to time. 
 Such notices and other communications shall, for all purposes of this Agreement, be
treated as being effective upon being delivered personally, or, if sent by mail, five days after the same has been deposited in a regularly maintained receptacle for the deposit of United States mail, addressed as set forth above, and postage
prepaid, or, if sent by overnight courier, one day after the same has been sent. 
 10. Parties in Interest. All the
terms and provisions of this Agreement shall be binding upon and inure to the benefit of and be enforceable by the respective 

  

Purchaser’s Initials              

 
successor and permitted assigns of the parties hereto, provided that this Agreement and the interests herein may not be assigned by either party without the express written consent of the other
party. 
 11. Governing Law. Any dispute relating to the terms of this Agreement shall be governed by the laws of the
State of New York, without regards to the conflict of law principles thereof, and the parties hereto hereby agree to submit themselves to the exclusive jurisdiction of the courts of the State of New York, County of New York. 

12. Sections and Other Headings. The section and other headings contained in this Agreement are for the convenience of reference
only, do not constitute part of this Agreement or otherwise affect any of the provision hereof. 
 13. Counterpart
Signatures. This Agreement may be signed in counterpart and all counterparts together shall become effective only when the counterpart(s) have been executed and delivered by and on behalf of the Company and the Purchaser; and the parties agree
to deliver by overnight courier a copy of this Agreement with original signatures. 
 IN WITNESS WHEREOF, intending to be
legally bound, the parties hereto have caused this Agreement to be signed by their duly authorized offices. 
  

									
	Comprehensive Care Corporation, Inc.	 	
				
	By:	 	  
	  		 	
		 		 	Robert J. Landis	  		 	
		 		 	Acting Chief Financial Officer	  		 	
			
	Purchaser	  		 	Address of Purchaser:
				
	By:	 	  
	  		 	  

				
	Print Name	 	  
	  		 	  

			
	Social Security No. or Tax I.D. No.:	  		 	
			
	  
	  		 	

  

Purchaser’s Initials

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