Document:

Form of Stock Appreciation Right Agreement

 Exhibit 10.6 
  
 CENTENE CORPORATION 
  
 Stock Appreciation Right Agreement Granted Under 
 Amended and Restated 2003 Stock Incentive Plan 
  
 THIS AGREEMENT is entered into by Centene Corporation, a Delaware corporation (hereinafter the “Company”), and the undersigned employee of the Company (hereinafter the “Participant”). 

 
 WHEREAS, the Participant renders important services to the Company and
acquires access to Confidential Information (as defined below) of the Company in connection with the Participant’s relationship with the Company; and 
  
 WHEREAS, the Company desires to align the long-term interests of its valued employees with those of the Company by providing the ownership interest
granted herein and to prevent former employees whose interest may become adverse to the Company from maintaining an ownership interest in the Company; 
  
 NOW, THEREFORE, in consideration of the foregoing and the mutual agreements herein contained, the parties hereto hereby agree as follows: 
  
 1. Grant of SAR. 
  
 This Agreement evidences the grant by the Company, on
                    , 20     (the “Grant Date”) to the Participant, of a stock appreciation right (the
“SAR”) exercisable, in whole or in part, with respect to a total of              shares (the “Shares”) of common stock, $.001 par value per share, of the Company
(“Common Stock”) at a price of $             per share (the “Exercise Price”) pursuant to the Company’s Amended and Restated 2003 Stock Incentive Plan (the
“Plan”). Unless earlier terminated, the SAR shall expire at 5:00 p.m., St. Louis time, on                     ,
200     (the “Final Exercise Date”). 
  
 2.
Vesting. 
  
 Subject to Sections 3 and 4 of this
Agreement, the SAR shall vest as to             % of the original number of Shares on the              anniversary
of the Grant Date and as to an additional             % of the original number of Shares at the end of each successive
             period following the first anniversary of the Grant Date until the              anniversary of the
Grant Date. The right of exercise shall be cumulative so that to the extent the SAR is not exercised to the maximum extent permissible in any period, the SAR shall continue to be exercisable, in whole or in part, with respect to all Shares for which
it is vested until the earlier of (a) the Final Exercise Date and (b) the termination of the SAR under the Plan or Section 3 hereof. 
  
 3. Reorganization Event. 
  
 Upon the occurrence of a “Change in Control,” all of the Shares that (but for the application of this clause) are not vested at the time of the
occurrence of such Change in Control event shall vest. A “Change in Control” shall be deemed to have occurred if any of the events set forth in any one of the following clauses shall occur: (i) any Person (as defined in section 3(a)(9) of
the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and as such term is modified in sections 13(d) and 14(d) of the Exchange Act), excluding a group of persons including the Participant, is or becomes the “beneficial
owner” (as defined in Rule 13(d)(3) under the Exchange Act), directly or indirectly, of securities of the Company representing forty percent or more of the combined voting power of the Company’s then-outstanding securities; (ii)
individuals who, as of the Grant Date, constitute the Board of Directors of the Company (the “Incumbent Board”), cease for any reason to constitute a majority thereof (provided, 

 
however, that an individual becoming a director subsequent to the Grant Date whose election, or nomination for election by the Company’s
stockholders, was approved by at least a majority of the directors then comprising the Incumbent Board shall be included within the definition of Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of
office occurs as a result of either an actual election contest (or such terms used in Rule 14a-11 of Regulation 14A promulgated under the Exchange Act) or other actual or threatened solicitation of proxies or consents by or on behalf of a person
other than the Board of Directors of the Company); or (iii) the stockholders of the Company consummate a merger or consolidation of the Company with any other corporation, other than a merger or consolidation that would result in the voting
securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) at least fifty percent of the combined voting power of the
voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation. 
  
 4. Exercise of SAR. 
  
 (a) Form of Exercise. Each election to exercise the SAR shall be in writing (substantially in the form attached hereto as EXHIBIT
A), signed by the Participant, and received by the Company at its principal office or such other location designated by the Company, accompanied by this Agreement. The Participant may exercise the stock appreciation right with respect to less
than the number of shares covered hereby, provided that no partial exercise of the SAR may be with respect to any fractional share or for fewer than ten whole shares. 
  
 (b) Receipt of Stock Upon Exercise. Upon exercise of the SAR, the Participant shall receive from the Company, with
respect to each Share so exercised, an amount equal to the excess of the Fair Market Value (as described in the Plan) of a share of Common Stock on the date of exercise over the Exercise Price of one Share. Such amount shall be paid to the
Participant in shares of Common Stock, based on the Fair Market Value of such shares on the date of exercise. 
  
 (c) Continuous Relationship with the Company Required. Except as otherwise provided in this Section 4, the SAR may not be exercised unless the
Participant, at the time the SAR is exercised, is, and has been at all times since the Grant Date, an employee or officer of, or consultant or advisor to, the Company or any other entity the employees, officers, directors, consultants or advisors of
which are eligible to receive grants under the Plan (an “Eligible Participant”). 
  
 (d) Termination of Relationship with the Company. If the Participant ceases to be an Eligible Participant for any reason, then, except as provided in paragraph (e) or (f) below, the right to exercise the SAR
shall terminate 30-days after such cessation (but in no event after the Final Exercise Date), provided that the SAR shall be exercisable only to the extent that the Participant was entitled to exercise the SAR on the date of such cessation.

  
 (e) Exercise Period Upon Death or Disability. If the
Participant dies or becomes disabled (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended) prior to the Final Exercise Date while he or she is an Eligible Participant and the Company has not terminated such
relationship for “cause” as specified in paragraph (f) below, the SAR shall be exercisable, within the period of 90-days following the date of death or disability of the Participant, by the Participant (or in the case of death by an
authorized transferee), provided that the SAR shall be exercisable only to the extent that the SAR was exercisable by the Participant on the date of his or her death or disability, and further provided that the SAR shall not be
exercisable after the Final Exercise Date. 
  
 (f) Discharge
for Cause. The right of the Participant to exercise the SAR shall terminate (i) if the Participant is discharged by the Company for “cause” (as defined below) prior to the Final Exercise Date, 

  

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then upon the effective date of such discharge or (ii) if the Participant violates any provision of this Agreement or any the non-competition or
confidentiality provision of any employment contract, confidentiality and nondisclosure agreement, or other agreement between the Participant and the Company, then upon such violation. For these purposes, “cause” shall mean willful
misconduct by the Participant or willful failure by the Participant to perform his or her responsibilities to the Company (including breach by the Participant of any provision of any employment, consulting, advisory, nondisclosure, non-competition
or other similar agreement between the Participant and the Company), as determined by the Company, which determination shall be conclusive. The Participant shall be considered to have been discharged for “cause” if the Company determines,
within 30 days after the Participant’s resignation, that discharge for cause was warranted. 
  
 (g) Compliance Restrictions. The Company shall not be obligated to issue to the Participant the Shares upon the vesting of the SAR (or otherwise)
unless (i) the Participant has complied with covenants set forth in Section 9 of this Agreement and (ii) the issuance and delivery of such Shares shall comply with all relevant provisions of law and other legal requirements including any applicable
federal or state securities laws and the requirements of any stock exchange or quotation system upon which Common Stock may then be listed or quoted. 
  
 5. Restrictions on Transfer. 
  
 The SAR may not be sold, assigned, transferred, pledged or otherwise encumbered by the Participant, either voluntarily or by operation of law, except by
will or the laws of descent and distribution, and, during the lifetime of the Participant, the SAR shall be exercisable only by the Participant. 
  
 6. No Rights as Stockholder. 
  
 Except as set forth in the Plan, neither the Participant nor any person claiming under or through the Participant shall be, or shall have any rights or
privileges of, a stockholder of the Company in respect of any Share issuable pursuant to the SAR granted hereunder until such Share has been delivered to the Participant. 
  
 7. Withholding Taxes. 
  
 No Shares will be issued pursuant to the exercise of the SAR unless and until the Participant pays to the Company, or makes provision satisfactory to the
Company for payment of, any federal, state or local withholding taxes required by law to be withheld in respect of the SAR. 
  
 8. Provisions of the Plan. 
  
 The SAR is subject to the provisions of the Plan, a copy of which is being furnished to the Participant with this Agreement. 
  
 9. Participant’s Covenants. 
  
 For and in consideration of the delivery of this Agreement, the Participant
agrees to the provisions of this Section 9. 
  
 (a)
Confidential Information. As used in this Agreement, “Confidential Information” shall mean the Company’s trade secrets and other non-public proprietary information relating to the Company or the business of the Company,
including information relating to financial statements, customer lists and identities, potential customers, customer contacts, employee skills and compensation, employee data, 

  

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suppliers, acquisition targets, servicing methods, equipment, programs, strategies and information, analyses, marketing plans and strategies, profit margins,
financial, promotional, marketing, training or operational information, and other information developed or used by the Company that is not known generally to the public or the industry. Confidential Information shall not include any information that
is in the public domain or becomes known in the public domain through no wrongful act on the part of the Participant. 
  
 (b) Non-Disclosure. The Participant agrees that the Confidential Information is a valuable, special and unique asset of the Company’s
business, that such Confidential Information is important to the Company and the effective operation of the Company’s business, and that during employment with the Company and at all times thereafter, the Participant shall not, directly or
indirectly, disclose to any competitor or other person or entity (other than current employees of the Company) any Confidential Information that the Participant obtains while performing services for the Company, except as may be required in the
Participant’s reasonable judgment to fulfill his duties hereunder or to comply with any applicable legal obligation. 
  
 (c) Non-Competition; Non-Solicitation. 
  
 (i) During the Participant’s employment with the Company and for the period of six months immediately after the termination of the Participant’s
employment with the Company for any cause whatsoever, the Participant shall not invest in (other than in a publicly traded company with a maximum investment of no more than 1% of outstanding shares), counsel, advise, consult or be otherwise engaged
or employed by any entity or enterprise (a “Competitor”) that competes with (A) the Company’s business of providing Medicaid managed care services, Medicaid-related services, and behavior health, nurse triage and pharmacy compliance
specialty services or (B) any other business in which, after the Grant Date, the Company becomes engaged (or has taken substantial steps in which to become engaged) on or prior to the date of termination of the Participant’s employment,
regarding which business the Participant has acquired confidential information, and regarding which business constitutes (or is expected to constitute if only then recently commenced) more than 5% of the annual gross revenues of the Company or, as
conducted by such Competitor, more than 35% of the Competitor’s annual gross revenues. 
  
 (ii) During the Participant’s employment with the Company and for the period of twelve months immediately after the termination of the Participant’s employment with the Company for any cause whatsoever (the
“Restricted Period”), the Participant will not, either directly or indirectly, either for himself or for any other person, firm, company or corporation, call upon, solicit, divert, or take away, or attempt to solicit, divert or take away
any of the customers, prospective customers, business, vendors or suppliers of the Company that the Participant had dealings with, or responsibility for, or the Participant had access to, confidential information of such customers, vendors or
suppliers. 
  
 (iii) The Participant shall not, at any time during
the Restricted Period, without the prior written consent of the Company, (A) directly or indirectly, solicit, recruit or employ (whether as an employee, officer, director, agent, consultant or independent contractor) any person who was or is at any
time during the previous six months an employee, representative, officer or director of the Company; or (B) take any action to encourage or induce any employee, representative, officer or director of the Company to cease their relationship with the
Company for any reason. 
  
 (d) Enforcement. If any of the
provisions or subparts of this Section 9 shall be held to be invalid or unenforceable by a court of competent jurisdiction, the remaining provisions or subparts thereof shall nevertheless continue to be valid and enforceable according to their
terms. Further, if any restriction contained in the provisions or subparts of this Section 9 is held to be overbroad or unreasonable as written, the parties agree that the applicable provision should be considered to be amended to reflect the
maximum period, scope or geographical area deemed reasonable and enforceable by the court and enforced as amended. 
  

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 (e) Remedy for Breach. 
  
 (i) Because the Participant’s services are unique and because the Participant has access to the Company’s
Confidential Information, the parties agree that any breach or threatened breach of this Section 9 will cause irreparable harm to the Company and that money damages alone would be an inadequate remedy. The parties therefore agree that, in the event
of any breach or threatened breach of this Section 9, and in addition to all other rights and remedies available to it, the Company may apply to any court of competent jurisdiction for specific performance and/or injunctive or other relief, without
a bond, in order to enforce or prevent any violations of the provisions of this Section 9. 
  
 (ii) The Participant acknowledges and agrees that nothing contained herein shall be construed to be an excessive remedy to prohibit the Company from pursuing any other remedies available to it for such actual or
threatened breach, including the recovery of money damages, proximately caused by the Participant’s breach of this Section 9. 
  
 (f) Survival. The provisions of this Section 9 shall survive and continue in full force in accordance with their terms notwithstanding any
forfeiture, termination or expiration of this Agreement in accordance with its terms or any termination of the Participant’s employment for any reason (whether voluntary or involuntary). 
  
 10. Miscellaneous. 
  
 (a) Severability. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity
or enforceability of any other provision of this Agreement, and each other provision of this Agreement shall be severable and enforceable to the extent permitted by law. 
  
 (b) Waiver. Any provision for the benefit of the Company contained in this Agreement may be waived, either generally
or in any particular instance, by the Board of Directors of the Company. 
  
 (c) Binding Effect. This Agreement shall be binding upon and inure to the benefit of the Company and the Participant and their respective heirs, executors, administrators, legal representatives, successors and
assigns, subject to the restrictions on transfer set forth in Section 5 of this Agreement. 
  
 (d) Notice. All notices required or permitted hereunder shall be in writing and deemed effectively given upon personal delivery or five days after delivery to a United States Post Office, by registered or
certified mail, postage prepaid, addressed to the other party hereto at the address shown beneath his or its respective signature to this Agreement, or at such other address or addresses as either party shall designate to the other in accordance
with this paragraph (d). 
  
 (e) Entire Agreement. This
Agreement and the Plan constitute the entire agreement between the parties, and supersede all prior agreements and understandings, relating to the SAR. 
  
 (f) Participant’s Acknowledgments. The Participant acknowledges that he or she: (i) has read this Agreement; (ii) has been represented in the
preparation, negotiation, and execution of this Agreement by legal counsel of the Participant’s own choice or has voluntarily declined to seek such counsel; (iii) understands the terms and consequences of this Agreement; (iv) is fully aware of
the legal and binding effect of this Agreement; and (v) understands that the law firm of Wilmer Cutler Pickering Hale and Dorr LLP, is acting as counsel to the Company in connection with the transactions contemplated by the agreement, and is not
acting as counsel for the Participant. 
  

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 (g) Unfunded Rights. The right of the Participant to receive Common Stock pursuant to this
Agreement is an unfunded and unsecured obligation of the Company. The Participant shall have no rights under this Agreement other than those of an unsecured general creditor of the Company. 
  
 (h) Deferral. Neither the Company nor the Participant may defer
delivery of any Shares with respect to the unvested portion of the SAR except to the extent that such deferral complies with the provisions of Section 409A of the Internal Revenue Code of 1986, as amended. 
  
 Remainder of Page Intentionally Left Blank 
  

 6 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date set forth below.

  

					
	Dated:                     , 200    	 	CENTENE CORPORATION
			
	 	 	By:	 	  

	 	 	Name:	 	 
	 	 	Title:	 	 
		
	 	 	  

	 	 	[Name of Participant]
			
	 	 	Address:	 	  

	 	 	  

	 	 	  

  

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 EXHIBIT A 
  
 NOTICE OF EXERCISE 
  
 Date:                      
  
 Centene Corporation 
 Centene Place 
 7711 Carondelet Avenue 
 St. Louis, Missouri 63105 
  
 To Whom It May Concern: 
  
 I am the holder of a stock appreciation right agreement with respect to a
total of              shares of common stock, $.001 par value per share, of Centene Corporation delivered on
                    , 200     pursuant to the Centene Corporation Amended and Restated 2003 Stock Incentive Plan
with an exercise price of $             per share. I hereby exercise my stock appreciation right under such agreement with respect to
             shares of such common stock. 
  

			
	Very truly yours,
	
	  

		
	Name:	 	  

		
	Address:	 	  

	  

	  

  

 8Form of Restricted Stock Agreement

 Exhibit 10.7 
  
 CENTENE CORPORATION 
  
 Restricted Stock Agreement Granted Under 
 Amended and Restated 2003 Stock Incentive Plan 
  
 THIS AGREEMENT is entered into by Centene Corporation, a Delaware corporation (hereinafter the “Company”), and the undersigned [director] of the Company (hereinafter the “Participant”). 
  
 WHEREAS, the Company desires to align the long-term interests of its
directors with those of the Company by providing the ownership interest granted herein; 
  
 NOW, THEREFORE, in consideration of the foregoing and the mutual agreements herein contained, the parties hereto hereby agree as follows: 
  
 1. Issuance of Shares. 
  
 The Company is issuing to the Participant as of the date hereof, subject to the terms and conditions set forth in this Agreement and in the Company’s
Amended and Restated 2003 Stock Incentive Plan (the “Plan”),              shares (the “Shares”) of common stock, $.001 par value, of the Company (“Common
Stock”). The Participant agrees that the Shares shall be subject to the purchase option set forth in Section 2 of this Agreement and the restrictions on transfer set forth in Section 4 of this Agreement. 
  
 2. Purchase Option. 
  
 In the event that the Participant ceases to be a director of the Company,
for any reason or no reason, the Company shall have the right and option (the “Purchase Option”) to purchase from the Participant, for a sum of $.001per share (the “Option Price”), some or all of the Shares prior to the earliest
of (a) the date of the first annual meeting of stockholders of the Company to occur after the date hereof (or any special meeting held in lieu thereof), (b) the occurrence of a “Change in Control,” (c) the death of the Participant and (d)
the resignation or other termination of the Participant as a director of the Company due to his or her “permanent and total disability,” as defined in the first sentence of Section 22(e)(3) (or any successor provision) of the Internal
Revenue Code of 1986, as amended from time to time. 
  
 A
“Change in Control” shall be deemed to have occurred if any of the events set forth in any one of the following clauses shall occur: (i) any Person (as defined in section 3(a)(9) of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), and as such term is modified in sections 13(d) and 14(d) of the Exchange Act), excluding a group of persons including the Participant, is or becomes the “beneficial owner” (as defined in Rule 13(d)(3) under the
Exchange Act), directly or indirectly, of securities of the Company representing forty percent or more of the combined voting power of the Company’s then-outstanding securities; (ii) individuals who, as of the date of this Agreement, constitute
the Board of Directors of the Company (the “Incumbent Board”), cease for any reason to constitute a majority thereof (provided, however, that an individual becoming a director subsequent to the date of this Agreement whose election,
or nomination for election by the Company’s stockholders, was approved by at least a majority of the directors then comprising the Incumbent Board shall be included within the definition of Incumbent Board, but excluding, for this purpose, any
such individual whose initial assumption of office occurs as a result of either an actual election contest (or such terms used in Rule 14a-11 of Regulation 14A promulgated under the Exchange Act) or other actual or threatened solicitation of proxies
or consents by or on behalf of a person other than the Board of Directors of the Company); or (iii) the stockholders of the Company consummate a merger or consolidation of the Company with any other corporation, other than a merger or consolidation
that would result in the voting securities of the 

 
Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the
surviving entity) at least fifty percent of the combined voting power of the voting securities of the Company or such surviving entity outstanding immediately after such merger or consolidation. 
  
 3. Exercise of Purchase Option and Closing. 
  
 (a) The Company may exercise the Purchase Option by delivering or mailing to
the Participant (or his estate), within 90 days after the date on which the Participant ceases to be a director of the Company, a written notice of exercise of the Purchase Option. Such notice shall specify the number of Shares to be purchased. If
and to the extent the Purchase Option is not so exercised by the giving of such a notice within such 90-day period, the Purchase Option shall automatically expire and terminate effective upon the expiration of such 90-day period. 
  
 (b) Within 10 days after delivery to the Participant of the Company’s
notice of the exercise of the Purchase Option pursuant to subsection (a) above, the Participant (or his estate) shall, pursuant to the provisions of the Joint Escrow Instructions referred to in Section 5 below, tender to the Company at its principal
offices the certificate or certificates representing the Shares which the Company has elected to purchase in accordance with the terms of this Agreement, duly endorsed in blank or with duly endorsed stock powers attached thereto, all in form
suitable for the transfer of such Shares to the Company. Promptly following its receipt of such certificate or certificates, the Company shall pay to the Participant the aggregate Option Price for such Shares (provided that any delay in making such
payment shall not invalidate the Company’s exercise of the Purchase Option with respect to such Shares). 
  
 (c) After the time at which any Shares are required to be delivered to the Company for transfer to the Company pursuant to subsection (b) above, the
Company shall not pay any dividend to the Participant on account of such Shares or permit the Participant to exercise any of the privileges or rights of a stockholder with respect to such Shares, but shall, in so far as permitted by law, treat the
Company as the owner of such Shares. 
  
 (d) The Option Price is
payable in cash (by check). 
  
 (e) The Company shall not purchase
any fraction of a Share upon exercise of the Purchase Option, and any fraction of a Share resulting from a computation made pursuant to Section 2 of this Agreement shall be rounded to the nearest whole Share (with any one-half Share being rounded
upward). 
  
 (f) The Company may assign its Purchase Option to one
or more persons or entities. 
  
 4. Restrictions on
Transfer. 
  
 (a) The Participant shall not sell, assign,
transfer, pledge, hypothecate or otherwise dispose of, by operation of law or otherwise (collectively “transfer”) any Shares, or any interest therein, that are subject to the Purchase Option, except that the Participant may transfer such
Shares (i) to or for the benefit of any spouse, children, parents, uncles, aunts, siblings, grandchildren and any other relatives approved by the Board of Directors (collectively, “Approved Relatives”) or to a trust established solely for
the benefit of the Participant and/or Approved Relatives, provided that such Shares shall remain subject to this Agreement (including without limitation the restrictions on transfer set forth in this Section 4, the Purchase Option and the
right of first refusal set forth in Section 5) and such permitted transferee shall, as a condition to such transfer, deliver to the Company a written instrument confirming that such transferee shall be bound by all of the terms and conditions of
this Agreement or (ii) as part of the sale of 

  

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all or substantially all of the shares of capital stock of the Company (including pursuant to a merger or consolidation), provided that, in accordance
with the Plan, the securities or other property received by the Participant in connection with such transaction shall remain subject to this Agreement. 
  
 (b) The Participant shall not transfer any Shares, or any interest therein, that are no longer subject to the Purchase Option, except in accordance with
Section 5 below. 
  
 5. Escrow. 
  
 The Participant shall, upon the execution of this Agreement, execute Joint
Escrow Instructions in the form attached to this Agreement as Exhibit A. The Joint Escrow Instructions shall be delivered to the Secretary of the Company, as escrow agent thereunder. The Participant shall deliver to such escrow agent a stock
assignment duly endorsed in blank, in the form attached to this Agreement as Exhibit B, and hereby instructs the Company to deliver to such escrow agent, on behalf of the Participant, the certificate(s) evidencing the Shares issued hereunder.
Such materials shall be held by such escrow agent pursuant to the terms of such Joint Escrow Instructions. 
  
 6. Restrictive Legends. 
  
 All certificates representing Shares shall have affixed thereto legends in substantially the following form, in addition to any other legends that may be
required under federal or state securities laws: 
  
 “The
shares of stock represented by this certificate are subject to restrictions on transfer and an option to purchase set forth in a certain Restricted Stock Agreement between the corporation and the registered owner of these shares (or his predecessor
in interest), and such Agreement is available for inspection without charge at the office of the Secretary of the corporation.” 
  
 7. Provisions of the Plan. 
  
 (a) This Agreement is subject to the provisions of the Plan, a copy of which is furnished to the Participant with this Agreement. 
  
 (b) As provided in the Plan, upon the occurrence of a Reorganization Event
(as defined in the Plan), the repurchase and other rights of the Company hereunder shall inure to the benefit of the Company’s successor and shall apply to the cash, securities or other property which the Shares were converted into or exchanged
for pursuant to such Reorganization Event in the same manner and to the same extent as they applied to the Shares under this Agreement. If, in connection with a Reorganization Event, a portion of the cash, securities and/or other property received
upon the conversion or exchange of the Shares is to be placed into escrow to secure indemnification or similar obligations, the mix between the vested and unvested portion of such cash, securities and/or other property that is placed into escrow
shall be the same as the mix between the vested and unvested portion of such cash, securities and/or other property that is not subject to escrow. 
  
 8. Withholding Taxes; Section 83(b) Election. 
  
 (a) The Participant acknowledges and agrees that the Company has the right to deduct from payments of any kind otherwise due to the Participant any
federal, state or local taxes of any kind required by law to be withheld with respect to the purchase of the Shares by the Participant or the lapse of the Purchase Option. 
  

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 (b) The Participant has reviewed with the Participant’s own tax advisors the federal, state, local
and foreign tax consequences of this investment and the transactions contemplated by this Agreement. The Participant is relying solely on such advisors and not on any statements or representations of the Company or any of its agents. The Participant
understands that the Participant (and not the Company) shall be responsible for the Participant’s own tax liability that may arise as a result of this investment or the transactions contemplated by this Agreement. The Participant understands
that it may be beneficial in many circumstances to elect to be taxed at the time the Shares are purchased rather than when and as the Company’s Purchase Option expires by filing an election under Section 83(b) of the Internal Revenue Code of
1986 with the I.R.S. within 30 days from the date of purchase. 
  
 THE PARTICIPANT ACKNOWLEDGES THAT IT IS THE PARTICIPANT’S SOLE RESPONSIBILITY AND NOT THE COMPANY’S TO FILE TIMELY THE ELECTION UNDER SECTION 83(b), EVEN IF THE PARTICIPANT REQUESTS THE COMPANY OR ITS REPRESENTATIVES TO MAKE
THIS FILING ON THE PARTICIPANT’S BEHALF. 
  
 9.
Miscellaneous. 
  
 (a) Severability. The invalidity
or unenforceability of any provision of this Agreement shall not affect the validity or enforceability of any other provision of this Agreement, and each other provision of this Agreement shall be severable and enforceable to the extent permitted by
law. 
  
 (b) Waiver. Any provision for the benefit of the
Company contained in this Agreement may be waived, either generally or in any particular instance, by the Board of Directors of the Company. 
  
 (c) Binding Effect. This Agreement shall be binding upon and inure to the benefit of the Company and the Participant and their respective heirs,
executors, administrators, legal representatives, successors and assigns, subject to the restrictions on transfer set forth in Section 4 of this Agreement. 
  
 (d) Notice. All notices required or permitted hereunder shall be in writing and deemed effectively given upon personal delivery or five days after
deposit in the United States Post Office, by registered or certified mail, postage prepaid, addressed to the other party hereto at the address shown beneath his or its respective signature to this Agreement, or at such other address or addresses as
either party shall designate to the other in accordance with this Section 9(d). 
  
 (e) Pronouns. Whenever the context may require, any pronouns used in this Agreement shall include the corresponding masculine, feminine or neuter forms, and the singular form of nouns and pronouns shall include
the plural, and vice versa. 
  
 (f) Entire Agreement. This
Agreement and the Plan constitute the entire agreement between the parties, and supersedes all prior agreements and understandings, relating to the subject matter of this Agreement. 
  
 (g) Amendment. This Agreement may be amended or modified only by a written instrument executed by both the Company
and the Participant. 
  

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 (h) Governing Law. This Agreement shall be construed, interpreted and enforced in accordance with
the internal laws of the State of Delaware without regard to any applicable conflicts of laws. 
  
 (i) Participant’s Acknowledgments. The Participant acknowledges that he or she: (i) has read this Agreement; (ii) has been represented in the preparation, negotiation, and execution of this Agreement by
legal counsel of the Participant’s own choice or has voluntarily declined to seek such counsel; (iii) understands the terms and consequences of this Agreement; (iv) is fully aware of the legal and binding effect of this Agreement; and (v)
understands that the law firm of Wilmer Cutler Pickering Hale and Dorr LLP, is acting as counsel to the Company in connection with the transactions contemplated by the Agreement, and is not acting as counsel for the Participant. 
  
 -Remainder of Page Intentionally Left Blank- 
  

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 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year indicated
below. 
  

									
	 	 	 	 	CENTENE CORPORATION
				
	Date: 	 	  

	 	 	 	  

	 	 	 	 	 	 	 By:
 Its:
	 	 
	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	
 [Name of Participant]

	 	 	 	 	 	 	  
 Address: 
	 	

	 	 	 	 	 	 	  

  

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Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00088-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00088-of-00352.parquet"}]]