Document:

EX-10.14

 Exhibit 10.14 

Execution Copy 

Chairman’s Agreement 

This Chairman’s Agreement (this “Agreement”) is made as of this
24th day of April, 2013, by and among Accretive Health, Inc. (the “Company”) and Mary A. Tolan (“Executive,” and together with the Company, the
“Parties”). 
 WHEREAS, Executive has been elected Chairman of the Board of the Company effective as of
April 3, 2013 (the “Transition Date); 
 WHEREAS, the Parties have agreed, except as specifically incorporated herein, to
terminate and replace with this Agreement that certain Employment Agreement, undated but effective as of November 3, 2003, as amended from time to time, by and between Executive and the Company (the “Executive Employment
Agreement”); 
 WHEREAS, Executive’s status as an employee with the Company has ended by agreement of the Parties (the
“Transition”) effective as of April 3, 2013 (the “Transition Date”); and 
 WHEREAS, the
Parties desire to enter into this Agreement in order to set forth the definitive rights and obligations of the Parties in connection with the Transition and their new relationship. 

NOW, THEREFORE, in consideration of the mutual covenants, commitments and agreements contained herein, and for other good and valuable
consideration the receipt and sufficiency of which is hereby acknowledged, the Parties intending to be legally bound hereby agree as follows: 

1. Engagement and Transition. 

(a) Transition Terms. Subject to Executive’s execution, delivery and effectuation of a standard Company Mutual General Release
Agreement (“General Release”), to the conditions otherwise set forth in this Section 1, and to Executive’s continued performance under this Agreement and the General Release, Executive will be entitled to the following
benefits and other consideration: 
 (i) Engagement as Chairman of the Board. Effective as of the Transition Date, Executive has
been appointed by the Company to the position of Chairman of its Board of Directors (the “Board”) in order to maintain current and generate new favorable business relationships for the Company and to otherwise actively promote the
interests of the Company, all as determined by the Board, with the usual rights, duties and obligations attendant to such role, as such rights, duties and obligations may be increased, decreased, otherwise modified or terminated by the Board at any
time in its sole discretion (the “Engagement”). The material terms of the Engagement are as follows: 
 (A)
Parties’ Relationship: Executive’s position as Chairman will be non-executive, meaning that during the Engagement Executive will be a non-employee independent contractor of the Company. The Engagement is a non-exclusive arrangement,
such that, subject to the terms and conditions of Section 3 of this Agreement, 

 
during the Engagement Executive will have the right to perform services for other persons or entities, provided that Executive additionally agrees that during the Engagement she will not accept
employment or engage in any work or business adverse to the interests of the Company or any of its subsidiaries or affiliates or that would substantially impair Executive’s ability to perform her duties as Chairman of the Board. 

(B) Fees: During the Engagement, Executive will be paid an annual fee of $731,000.00 by the Company, payable monthly in equal
pro rata installments, in arrears, on the first regular payroll date of each month. No taxes will be withheld from these payments to Executive (provided that Executive agrees to indemnify and hold the Company harmless from any tax-related
liabilities arising from such tax treatment of these fees, including legal fees and costs incurred by the Company in enforcing this indemnity), and the Company will provide Executive (and appropriate tax authorities) with an IRS Form-1099
reflecting all fees paid by the Company to Executive during the Engagement. 
 (C) Termination: Either Party may terminate the
Engagement at any time for any (or no) reason (a “Separation”), upon written 10-day notice to the other (the last date of such notice period being the “Separation Date”). 

(D) Medical Insurance: Effective as of the Transition Date, Executive will be offered the opportunity to elect continuation coverage
under the group medical plan(s) of the Company (“benefit continuation coverage”). Executive will be provided with the appropriate notice and election form for this purpose. If Executive elects benefit continuation coverage, the Company
will pay 100% of Executive’s (and her Dependents’) health insurance premiums, plus any administrative fee, for up to eighteen (18) months following the Transition Date; provided, however, that Executive will notify the Company
within two weeks of any change in Executive’s circumstances that would warrant discontinuation of her benefit coverage and benefits (including but not limited to Executive’s eligibility for group medical benefits from any other employer);
provided further, that the Company will be under no obligation to provide or pay the cost (or remaining cost) of such health insurance coverage if the Company determines in its sole discretion (upon consultation with counsel) that such
provision or payment may subject the Company to any penalty, excise or other tax associated with such payment or coverage. The existence and duration of Executive’s rights and/or the benefit continuation coverage rights of any of
Executive’s eligible dependents will be determined in accordance with Section 4980B of the U.S. Internal Revenue Code of 1986, as amended. 

(b) Continuing Indemnification of Executive. Both as a former officer of the Company and as a director and Chairman, Executive will
remain entitled to all indemnification rights and benefits provided from time to time to other officers and former officers of the Company. 

(c) Treatment of Outstanding Stock Options. Executive currently holds outstanding stock options to purchase an aggregate of
1,176,000 shares of common stock of the Company pursuant to stock option award agreements entered into under the Company’s equity compensation plans. As of the Transition Date, vested stock options to purchase 882,000 shares of
the common stock of the Company and unvested stock options to purchase 294,000 shares of common stock of the Company were outstanding and held by Executive. Except for 

  
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the foregoing stock options, Executive hereby acknowledges and agrees that Executive does not have any other rights with respect to any compensatory equity awards in the Company or its
affiliates, provided that nothing contained herein shall be construed as a waiver in any respect of any rights that Executive has with respect to any vested shares of common stock of the Company held by Executive. The foregoing stock options shall
continue to remain outstanding and become vested and exercisable during the Engagement on the same basis as if Executive remained in the continued employment of the Company in accordance with all of the terms and conditions of the applicable Company
equity plan and stock option award agreement under which each outstanding stock option held by Executive was granted. Upon termination of the Engagement for any reason, (a) each vested stock option will remain exercisable following termination
of the Engagement for the remainder of the maximum stated term of such vested stock option, and thereafter, will be automatically cancelled and forfeited without any consideration being paid in respect thereof and without any further action of the
Company, and (b) each unvested stock option will be automatically cancelled and forfeited without any consideration being paid in respect thereof and without any further action of the Company. To the extent that any provision of this
Section 1(c) conflicts with or is inconsistent with the provisions of the applicable stock option award agreement, the provisions of this Section 1(c) shall govern and control, and shall be deemed to amend the applicable
stock option award agreement to the extent necessary to eliminate any such conflict or inconsistency. 
 2. Executive’s
Acknowledgment of Consideration. Executive specifically acknowledges and agrees that certain of the obligations created and payments made to her by the Company under this Agreement are promises and payments to which she is not otherwise
entitled. 
 3. Certain Covenants.  

(a) Executive acknowledges, agrees and covenants that she will remain subject to the provisions set forth in Section 9 of the
Executive Employment Agreement in accordance with its terms and for the periods specified therein following the Transition Date. 
 (b)
Executive acknowledges, agrees and covenants that she will remain subject to all provisions set forth in Section 6 of the Executive Employment Agreement; provided, however, that the duration of each such covenant is hereby
modified and extended to encompass the maximum period of time permitted by law. 
 (c) The Parties acknowledge, agree and covenant that they
will remain subject to Section 20 of the Executive Employment Agreement; provided, however, that the Company’s obligations therein to compensate Executive on an hourly basis for requested litigation and regulatory cooperation
will arise only if the Engagement has ended; provided further, that the Company’s obligations therein to reimburse Executive for reasonable attorneys’ fees and costs will not arise if such fees and costs are incurred in any
proceeding or threatened proceeding adverse to the Company or any of its affiliates or subsidiaries. 
 (d) Executive acknowledges, agrees
and covenants that she remains subject to Section 6(e) of the Executive Employment Agreement, provided that the obligations of Executive thereunder shall apply at the end of the Engagement. 

  
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 (e) Executive acknowledges and agrees that all remedial rights of the Company set forth in the
Executive Employment Agreement, included but not limited to Sections 6(d) and 9(f) thereof, will remain in full force and effect during and after the Engagement. Should any provision of this Agreement be adjudged to any extent invalid
by any court or tribunal of competent jurisdiction, each provision will be deemed modified to the minimum extent necessary to render it enforceable. 

(f) Executive acknowledges, agrees and covenants that she will remain subject to Section 6(e) of the Executive Employment
Agreement with respect to the return of corporate property. 
 (g) Executive covenants and agrees that she will not, directly or indirectly,
incur any obligation or commitment, or enter into any contract, agreement or understanding, whether express or implied, and whether written or oral, which would be in conflict with her obligations, covenants or agreements hereunder or which could
cause any of her representations or warranties made herein to be untrue or inaccurate. 
 4. Complete Agreement;
Inconsistencies. Except as otherwise expressly referred to herein, this Agreement constitutes the complete and entire agreement and understanding of the Parties with respect to the subject matter hereof, and supersedes in its entirety and
terminates any and all prior understandings, commitments, obligations and/or agreements, whether written or oral, with respect thereto, including the Executive Employment Agreement. 

5. No Strict Construction. The language used in this Agreement will be deemed to be the language mutually chosen by the Parties
to reflect their mutual intent, and no doctrine of strict construction will be applied against any Party. 
 6. Tax
Withholdings. Notwithstanding any other provision herein, the Company will be entitled to withhold from any amounts otherwise payable hereunder to Executive any amounts required by applicable law to be withheld in respect of federal, state
or local taxes. 
 7. Governing Law. All issues and questions concerning the construction, validity, enforcement and
interpretation of this Agreement will be governed by, and construed in accordance with, the laws of the State of Illinois, without giving effect to any choice of law or conflict of law rules or provisions that would cause the application hereto of
the laws of any jurisdiction other than the State of Illinois. In furtherance of the foregoing, the internal law of the State of Illinois will control the interpretation and construction of this Agreement, even though under any other
jurisdiction’s choice of law or conflict of law analysis the substantive law of some other jurisdiction may ordinarily apply. 

8. Severability. The invalidity or unenforceability of any provision of this Agreement will not affect the validity or
enforceability of any other provision of this Agreement, which will otherwise remain in full force and effect. 

  
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 9. Counterparts. This Agreement may be executed in separate counterparts, each of
which will be deemed to be an original and all of which taken together will constitute one and the same agreement. 
 10.
Successors and Assigns. The Parties’ obligations hereunder will be binding upon their successors and assigns. The Parties’ rights and the rights of the other Released Parties will inure to the benefit of, and be enforceable by,
any of the Parties’ and Releasees’ respective successors and assigns. The Company may assign all rights and obligations of this Agreement to any successor in interest to the assets of the Company. In the event that the Company is
dissolved, all obligations of the Company under this Agreement will be provided for in accordance with applicable law. 
 11.
Amendments and Waivers. Except with respect to any non-competition or similar post-employment restrictive covenants, which will be subject to modification by a court of competent jurisdiction pursuant to their express terms (as may be
modified herein), no amendment to or waiver of this Agreement or any of its terms will be binding upon any Party unless consented to in writing by such Party. 

12. Headings. The headings of the Sections and subsections of this Agreement are for purposes of convenience only, and will not
be deemed to amend, modify, expand, limit or in any way affect the meaning of any of the provisions hereof. 
 13.
Disputes. Except as set forth in this paragraph, any dispute, claim or difference arising out of this Agreement will be settled exclusively by binding arbitration in accordance with the rules of the American Arbitration Association
(“AAA”). The arbitration will be held Chicago, Illinois, unless Executive and the Company mutually agree otherwise. Nothing contained in this Section 13 will be construed to limit or preclude a Party from bringing any
action in any court of competent jurisdiction for injunctive or other provisional relief to compel another party to comply with its obligations under this Agreement or any other agreement between or among the Parties during the pendency of the
arbitration proceedings. Subject to the proviso in this sentence below, the Company will bear the costs and fees of the arbitration, and the fees and expenses of the arbitrator will be borne by the Parties as set forth in the then-applicable
“Employment Arbitration Rules” of the AAA, except upon the arbitrator’s determination that a claim or counterclaim was filed for purposes of harassment or is patently frivolous, in which event the arbitrator will have the discretion
to require any one or more of the Parties to bear all or any portion of fees and expenses of the Parties and/or the fees and expenses of the arbitrator; provided, however, that with respect to claims that, but for this mandatory arbitration
clause, could be brought against the Company under any applicable federal or state labor or employment law (“Employment Law”), the arbitrator will be granted and will be required to exercise all discretion belonging to a court of
competent jurisdiction under such Employment Law to decide the dispute, whether such discretion relates to the provision of discovery, the award of any remedies or penalties, or otherwise. As to claims not relating to Employment Laws, the arbitrator
will have the authority to award any remedy or relief that a Court of the State of Illinois could order or grant. The decision and award of the arbitrator will be in writing and copies thereof will be delivered to each Party. The decision and award
of the arbitrator will be binding on all Parties. In rendering such decision and award, the arbitrator will not add to, subtract from or otherwise modify the provisions of this Agreement. Either Party to

  
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the arbitration may seek to have the ruling of the arbitrator entered in any court having jurisdiction thereof. Each Party agrees that it will not file suit, motion, petition or otherwise
commence any legal action or proceeding for any matter which is required to be submitted to arbitration as contemplated herein except in connection with the enforcement of an award rendered by an arbitrator and except to seek the issuance of an
injunction or temporary restraining order pending a final determination by the arbitrator. Upon the entry of any order dismissing or staying any action or proceeding filed contrary to the preceding sentence, the Party which filed such action or
proceeding will promptly pay to the other Party the reasonable attorney’s fees, costs and expenses incurred by such other Party prior to the entry of such order. All aspects of the arbitration will be considered confidential and will not be
disseminated by any Party with the exception of the ability and opportunity to prosecute its claim or assert its defense to any such claim. The arbitrator shall, upon request, issue all prescriptive orders as may be required to enforce and maintain
this covenant of confidentiality during the course of the arbitration and after the conclusion of same so that the result and underlying data, information, materials and other evidence are forever withheld from public dissemination with the
exception of its subpoena by a court of competent jurisdiction in an unrelated proceeding brought by a third party. This Section 13 will be construed and enforced under the Federal Arbitration Act, 9 U.S.C. §§ 1 et seq. 

14. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY LITIGATION, ACTION, PROCEEDING, CROSS-CLAIM, OR
COUNTERCLAIM IN ANY COURT (WHETHER BASED ON CONTRACT, TORT, OR OTHERWISE) ARISING OUT OF, RELATING TO OR IN CONNECTION WITH (i) THIS AGREEMENT OR THE VALIDITY, PERFORMANCE, INTERPRETATION, COLLECTION OR ENFORCEMENT HEREOF OR (ii) THE
ACTIONS OF SUCH PARTY IN THE NEGOTIATION, AUTHORIZATION, EXECUTION, DELIVERY, ADMINISTRATION, PERFORMANCE OR ENFORCEMENT HEREOF. 

[Intentionally Blank; Signature Page to Follow] 

  
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 IN WITNESS WHEREOF, the Parties have executed this Chairman’s Agreement effective as
of the date of the first signature affixed below or as otherwise provided in this Agreement. 
  

							
	DATE: April 24, 2013	 		 		 	 /s/    Mary A.
Tolan        

		 		 		 	Mary A. Tolan
			
	DATE: April 24, 2013	 		 	ACCRETIVE HEALTHCARE, INC.
				
		 		 	By:	 	 /s/ Daniel Zaccardo

		 		 		 	Daniel Zaccardo
				
		 		 	Title:	 	Senior Vice President, General Counsel

  
 7EX-10.15

 Exhibit 10.15 

Execution Copy 
 Date Given to Executive:
April 9, 2013 
 MUTUAL GENERAL RELEASE 

The Parties hereto, Mary A. Tolan (“Executive”) and Accretive Health, Inc. (the “Company”), hereby acknowledge
their obligations under the Chairman’s Agreement, dated as of April 24, 2013 (the “Chairman’s Agreement”), do hereby release and forever discharge each other as of the date hereof, and with respect to the Company,
such release by Executive to include its affiliates and all present and former directors, officers, agents, representatives, employees, successors and assigns of the Company and its affiliates and the Company’s direct or indirect owners
(collectively, the “Executive Released Parties”) to the extent provided below. 
  

	1.	Executive acknowledges and agrees that any payments, rights or benefits conferred upon her by the Chairman’s Agreement represent, in part, consideration for signing this Mutual General Release and are not salary,
wages or benefits to which she was already entitled. She understands and agrees that she will not receive the payments and benefits specified in Section 1 of the Chairman’s Agreement unless she executes this Mutual General Release
and does not revoke this Mutual General Release within the time period permitted hereafter or if she breaches this General Release. Such payments and benefits will not be considered compensation for purposes of any employee benefit plan, program,
policy or arrangement maintained or hereafter established by the Company or its affiliates. Executive also acknowledges and represents that she has received all payments and benefits to which she is entitled to receive (as of the date hereof) by
virtue of any employment by the Company. 

  

	2.	The Company agrees that, no later than the second regular payroll date following the Transition Date (as such term is defined in the Chairman’s Agreement), it will pay Executive a lump sum payment of all
then-outstanding earned compensation, including accrued unused vacation pay, minus applicable federal, state and local tax withholdings, for services performed as an employee of the Company through and including the Transition Date.

  

	3.	Effective as of the Transition Date, Executive shall be deemed to have voluntarily resigned her positions as President and Chief Executive Officer of the Company, and from any and all other offices which she holds at
the Company or any of the Company’s subsidiaries or affiliates. Executive will execute any documents required of her by the Company to effectuate these resignations. 

 

	4.	 Except as provided in Sections 7 and 8 below and except for the provisions of the Chairman’s Agreement which expressly survive the
termination of her employment with the Company, Executive hereby knowingly and voluntarily (for herself, her heirs, executors, administrators and assigns) release and forever discharge the Company and the other Executive Released Parties from any
and all claims, suits, controversies, actions, causes of action, cross-claims, counter-claims, demands, debts, compensatory damages, liquidated damages, punitive or
exemplary damages, other damages, claims for costs and attorneys’ fees, or liabilities of any nature whatsoever in law and in equity, both past and present (through the date this Mutual General Release becomes effective and enforceable) and
whether known or unknown, suspected, or claimed against the Company or any of the Executive Released Parties which she, her spouse, or any of her heirs, executors, administrators or assigns, may have, including, but not limited to, any allegation,
claim or violation, arising under: Title VII of the Civil Rights Act of 1964, as amended; the Civil Rights Act of 1991; the Age Discrimination in Employment Act of 1967, as amended (including the Older Workers Benefit Protection Act); the Equal Pay
Act of 1963, as 

  
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amended; the Americans with Disabilities Act of 1990; the Family and Medical Leave Act of 1993; the Worker Adjustment Retraining and Notification Act; the Employee Retirement Income Security Act
of 1974; any applicable Executive Order Programs; the Fair Labor Standards Act; or their state or local counterparts; or under any other federal, state or local civil or human rights law, or under any other local, state, or federal law, regulation
or ordinance; or under any public policy, contract or tort, or under common law; or arising under any policies, practices or procedures of the Company; or any claim for wrongful discharge, breach of contract, infliction of emotional distress,
defamation; or any claim for costs, fees, or other expenses, including attorneys’ fees incurred in these matters) (all of the foregoing collectively referred to herein as the “Claims”); provided, however, that,
notwithstanding the foregoing, it is agreed and understood that such release does not include any Claim arising prior to the date hereof arising from (i) any indemnification obligations owing from the Company or any of its affiliates to
Executive by virtue of her position as an officer, director or employee of the Company or any of its affiliates, (ii) any salary earned and accrued since the date of the Company’s last salary payment to her prior to the date hereof,
(iii) amounts owing to her in accordance with Company policy for vacation pay earned and accrued prior to the date hereof, (iv) amounts owing to her in accordance with Company policy under the Company’s group medical, disability or
life plans, (v) amounts owing to her in accordance with Company policy under the Company’s 401(k) plan(s), (vi) amounts owing to her pursuant to Section 4980B of the Internal Revenue Code (COBRA); or (vii) any expense
reimbursement amounts owing to her in accordance with Company policy from the Company or any Released Party accruing prior to the date hereof. 

  

	5.	The waiver and release of claims reflected in Section 2 above is mutual. Accordingly, the Company hereby knowingly and voluntarily (for itself, its successors and assigns) releases and forever discharges
Executive from any and all Claims (through the date this Mutual General Release becomes effective and enforceable) which it, or its successors or assigns, may have against Executive, including, without limitation, Claims which arise out of or are
connected with Executive’s employment with the Company or under any other federal, state or local law, regulation or ordinance; or under any public policy, contract or tort, or under common law; or any claim for breach of contract or
defamation; or (except as governed by the Chairman’s Agreement) any claim for costs, fees, or other expenses, including attorneys’ fees incurred in these matters. 

 

	6.	Executive represents that she has made no assignment or transfer of any right, Claim, demand, cause of action, or other matter covered by Section 2 above. The Company represents that it has made no
assignment or transfer of any right, Claim, demand, cause of action, or other matter covered by Section 3 above. 

  

	7.	Executive agrees that this Mutual General Release does not waive or release any rights or claims that she may have under the Age Discrimination in Employment Act of 1967 which arise after the date she executes this
Mutual General Release. Executive acknowledges and agrees that her separation from employment with the Company in compliance with the terms of the Agreement shall not serve as the basis for any claim or action (including, without limitation, any
claim under the Age Discrimination in Employment Act of 1967). 

  

	8.	 Executive agrees that she is waiving all rights to sue or obtain equitable, remedial or punitive relief from any or all Executive Released Parties of
any kind whatsoever, including, without limitation, reinstatement, back pay, front pay, attorneys’ fees and any form of injunctive relief. Notwithstanding the above, Executive further acknowledges that she is not waiving and is not being
required to waive any right that cannot be waived by law, including the right to file an 

  
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administrative charge or participate in an administrative investigation or proceeding; provided, however, that Executive hereby disclaims and waives any right to share or participate in
any monetary award resulting from the prosecution of such charge or investigation or proceeding. 

  

	9.	In signing this Mutual General Release, the Parties acknowledge and intend that it shall be effective as a bar to each and every one of the Claims hereinabove mentioned or implied. The Parties expressly consent that
this Mutual General Release shall be given full force and effect according to each and all of its express terms and provisions, including those relating to unknown and unsuspected Claims (notwithstanding any state statute that expressly limits the
effectiveness of a general release of unknown, unsuspected and unanticipated Claims), if any, as well as those relating to any other Claims hereinabove mentioned or implied. The Parties acknowledge and agree that this waiver is an essential and
material term of this Mutual General Release and that without such waiver each Party would not have agreed to the terms of the Chairman’s Agreement. The Parties further agree that in the event either should bring a Claim seeking damages against
the other, or in the event either should seek to recover against the other in any Claim brought by a governmental agency on their behalf, this Mutual General Release shall serve as a complete defense to such Claims to the maximum extent permitted by
law. The Parties further agree that they are not aware of any pending Claim of the type described in Sections 2 and 3 above as of the execution date of this Mutual General Release. 

 

	10.	The Parties agree that neither this Mutual General Release, nor the furnishing of the consideration for this Mutual General Release, shall be deemed or construed at any time to be an admission by either Party of any
improper or unlawful conduct. 

  

	11.	Executive agrees that she will forfeit all amounts payable by the Company pursuant to the Chairman’s Agreement if she challenges the validity of this Mutual General Release. Executive also agrees that if she
violates this Mutual General Release by suing the Company or the other Executive Released Parties, she will pay all costs and expenses of defending against the suit incurred by the Executive Released Parties, including reasonable attorneys’
fees, and will return all payments received by her pursuant to the Agreement that are requested by the Company. 

  

	12.	Executive covenants and agrees that she will not, directly or indirectly, make or solicit or encourage others to make or solicit any disparaging remarks concerning the Company, any of its subsidiaries or affiliates, or
any of their respective officers, directors, employees, businesses, products, services, or activities. The Company covenants and agrees that promptly upon the termination of the Engagement it will issue a written directive to its officers and
directors instructing them that, while in such capacities, they must not, directly or indirectly, make or solicit or encourage others to make any disparaging remarks concerning Executive. 

 

	13.	 The Parties agree that this Mutual General Release is confidential and agree, except as required by law (as reasonably determined by each Party), not
to disclose any information regarding the terms of this Mutual General Release to any person or entity other than (with respect to Executive) to her immediate family and any tax, legal or other advisers she has consulted regarding this Mutual
General Release and the Chairman’s Agreement, and (with respect to the Company), to its directors and officers and (on a need-to-know basis) its employees, and to any tax, legal or other advisers it has consulted regarding this Mutual General
Release and the Chairman’s Agreement. Notwithstanding anything herein to the contrary, the Parties (and each affiliate and person acting on behalf of any such Party) may disclose to any and all persons, without limitation of any kind, the tax
treatment and tax structure of the arrangements contemplated in this Mutual General Release and the Chairman’s Agreement and all materials of 

  
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any kind (including opinions or other tax analyses) that are provided to such party or such person relating to such tax treatment and tax structure, except to the extent necessary to comply with
any applicable federal or state securities laws. 
  

	14.	The non-disclosure provisions in this Mutual General Release do not prohibit or restrict the Parties (or their counsel) from responding to any inquiry about this Mutual General
Release or its underlying facts and circumstances by the Securities and Exchange Commission (SEC), the National Association of Securities Dealers, Inc. (NASD), any other self-regulatory organization or
governmental entity. 

  

	15.	Notwithstanding anything in this Mutual General Release to the contrary, this Mutual General Release shall not relinquish, diminish, or in any way affect any rights or claims arising out of any breach by either Party of
the Chairman’s Agreement after the date hereof. 

  

	16.	The Executive Released Parties are intended third-party beneficiaries of this Mutual General Agreement and the Chairman’s Agreement, which may be enforced by each of them in accordance with such agreements’
respective terms in respect of the rights granted to such Executive Released Parties therein. Except and to the extent set forth in the preceding sentence, this Mutual General Release Agreement and the Chairman’s Agreement are not intended for
the benefit of any person other than the Parties, and no such other person will be deemed to be a third party beneficiary hereof or thereof. 

  

	17.	Whenever possible, each provision of this Mutual General Release shall be interpreted in, such manner as to be effective and valid under applicable law, but if any provision of this Mutual General Release is held to be
invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other provision or any other jurisdiction, but this Mutual General Release
shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein. 

BY SIGNING THIS GENERAL RELEASE, EXECUTIVE REPRESENTS AND AGREES THAT: 
  

	 	(i)	SHE HAS READ IT CAREFULLY; 

  

	 	(ii)	SHE UNDERSTAND ALL OF ITS TERMS AND KNOWS THAT SHE IS GIVING UP IMPORTANT RIGHTS, INCLUDING BUT NOT LIMITED TO, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS
ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED; 

 

	 	(iii)	SHE VOLUNTARILY CONSENT TO EVERYTHING IN IT; 

  

	 	(iv)	SHE HAS BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAS DONE SO OR, AFTER CAREFUL READING AND CONSIDERATION, SHE HAS CHOSEN NOT TO DO SO OF HER OWN VOLITION; 

  
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	 	(v)	SHE HAS HAD ALL TIME PERIODS REQUIRED BY LAW, INCLUDING AT LEAST 21 DAYS FROM THE DATE OF HER RECEIPT OF THIS MUTUAL GENERAL RELEASE SUBSTANTIALLY IN ITS FINAL FORM TO CONSIDER IT AND ANY CHANGES MADE SINCE SUCH DATE
ARE NOT MATERIAL AND WILL NOT RESTART THE REQUIRED 21-DAY PERIOD; 

  

	 	(vi)	THE CHANGES TO THE AGREEMENT SINCE HER RECEIPT OF THIS MUTUAL GENERAL RELEASE EITHER ARE NOT MATERIAL OR WERE MADE AT HER REQUEST. 

  

	 	(vii)	SHE UNDERSTANDS THAT SHE HAS SEVEN DAYS AFTER THE EXECUTION OF THIS MUTUAL GENERAL RELEASE TO REVOKE IT AND THAT THIS RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED;

  

	 	(viii)	SHE HAS SIGNED THIS MUTUAL GENERAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO ADVISE HER WITH RESPECT TO IT; AND 

 

	 	(ix)	SHE AGREES THAT THE PROVISIONS OF THIS MUTUAL GENERAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF EACH OF THE PARTIES HERETO.

  

							
	DATE: April 24, 2013	 		 		 	 /s/    Mary A.
Tolan        

		 		 		 	Mary A. Tolan
			
	DATE: April 24, 2013	 		 	ACCRETIVE HEALTHCARE, INC.
				
		 		 	By:	 	 /s/ Daniel Zaccardo

		 		 		 	Daniel Zaccardo
				
		 		 	Title:	 	Senior Vice President, General Counsel

  
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