Document:

Employment Agreement

 Exhibit 10.7 
  

 EMPLOYMENT AGREEMENT 
 (“Agreement”) 
 - by and between - 
 WYNN LAS VEGAS, LLC, 
 (“Employer”) 
 - and - 
 MATT MADDOX 
 (“Employee”) 
  

 DATED:        as of October 1, 2005 
  

 EMPLOYMENT AGREEMENT 
  

 THIS EMPLOYMENT AGREEMENT
(“Agreement”) is made and entered into the 1st day of October 2005, by and between WYNN LAS
VEGAS, LLC (“Employer”) and MATT MADDOX (“Employee”). 
 W I T N E S S E T H:

 WHEREAS, Employer is a limited liability company duly organized and existing under the laws of the State of Nevada,
maintains its principal place of business at 3131 Las Vegas Boulevard, South, Las Vegas, Nevada 89109, and is engaged in the business of developing, owning and operating a casino resort at such place of business; and, 
 WHEREAS, Employee is a party to that certain Employment Agreement dated as of March 14, 2003, as amended, (the “2003 Employment
Agreement”) with Worldwide Wynn, LLC, an affiliate of Employer; and 
 WHEREAS, Employee and Worldwide Wynn, LLC have agreed
to terminate the 2003 Employment Agreement in order to permit Employer and Employee to enter into this Agreement; and 
 WHEREAS, Employer has need of executive personnel who are qualified and experienced managers in the casino resort business, including without limitation an executive to perform the duties generally associated with the position
of Senior Vice President – Business Development; and 
 WHEREAS, Employee is an adult individual currently residing at
2834 Gallant Hills Las Vegas, Nevada 89135; and 
 WHEREAS, Employee has represented and warranted to Employer that Employee
possesses sufficient qualifications, expertise and experience in order to fulfill the terms of the employment stated in this Agreement; and 
 WHEREAS, Employer is willing to employ Employee, and Employee is desirous of accepting employment from Employer under the terms and pursuant to the conditions set forth herein; 
 NOW, THEREFORE, for and in consideration of the foregoing recitals, and in consideration of the mutual covenants, agreements,
understandings, undertakings, representations, warranties and promises hereinafter set forth, and intending to be legally bound thereby, Employer and Employee do hereby covenant and agree as follows: 

 1. DEFINITIONS. As used in this Agreement, the words and terms hereinafter defined
have the respective meanings ascribed to them, unless a different meaning clearly appears from the context: 
 (a)
“Affiliate” - means with respect to a specified Person, any other Person who or which is (i) directly or indirectly controlling, controlled by or under common control with the specified Person, or (ii) any
member, director, officer or manager of the specified Person. For purposes of this definition, only, “control”, “controlling”, and “controlled” mean the right to exercise, directly or indirectly, more than fifty percent
(50%) of the voting power of the stockholders, members or owners and, with respect to any individual, partnership, trust or other entity or association, the possession, directly or indirectly, of the power to direct or cause the direction of
the management or policies of the controlled entity. 
 (b) “Anniversary” - means each anniversary
date of the Effective Date during the Term (as defined in Section 6 hereof). 
 (c) “Benefits
Date” - means June 3, 2002. 
 (d) “Cause” - means 
 (i) the willful destruction by Employee of the property of Employer or an Affiliate having a material value to Employer or such Affiliate;

 (ii) fraud, embezzlement, theft, or comparable dishonest activity committed by Employee (excluding acts involving a de
minimis dollar value and not related to Employer or an Affiliate); 
 (iii) Employee’s conviction of or entering a
plea of guilty or nolo contendere to any crime constituting a felony or any misdemeanor involving fraud, dishonesty or moral turpitude (excluding acts involving a de minimis dollar value and not related to Employer or an Affiliate);

 (iv) Employee’s breach, neglect, refusal, or failure to materially discharge his duties (other than due to physical or
mental illness) commensurate with his title and function, or Employee’s failure to comply with the lawful directions of Employer, that is not cured within fifteen (15) days after Employee has received written notice thereof from Employer;

  

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 (v) a willful and knowing material misrepresentation to Employer’s or an
Affiliate’s Board of Directors; 
 (vi) a willful violation of a material policy of Employer or an Affiliate, which does
or could result in material harm to Employer or to Employer’s reputation, or that of an Affiliate; or 
 (vii)
Employee’s material violation of a statutory or common law duty of loyalty or fiduciary duty to Employer or an Affiliate, 
 provided, however, that Employee’s disability due to illness or accident or any other mental or physical incapacity shall not constitute “Cause” as defined herein. 
 (e) “Complete Disability” - means the inability of Employee, due to illness or accident or other mental or
physical incapacity, to perform his obligations under this Agreement for a period as defined by Employer’s local disability plan or plans. 
 (f) “Confidential Information” - means any information that is possessed or developed by or for Employer or its Affiliate and which relates to the Employer’s or Affiliate’s existing
or potential business or technology, which is not generally known to the public or to persons engaged in business similar to that conducted or contemplated by Employer or Affiliate, or which Employer or Affiliate seeks to protect from disclosure to
its existing or potential competitors or others, and includes without limitation know how, business and technical plans, strategies, existing and proposed bids, costs, technical developments, purchasing history, existing and proposed research
projects, copyrights, inventions, patents, intellectual property, data, process, process parameters, methods, practices, products, product design information, research and development data, financial records, operational manuals, pricing and price
lists, computer programs and information stored or developed for use in or with computers, customer information, customer lists, supplier lists, marketing plans, financial information, financial or business projections, and all other compilations of
information which relate to the business of Employer or Affiliate, and any other proprietary material of Employer or Affiliate, which have not been released to the general public. Confidential Information also includes information received by
Employer or any of its Affiliates from others that the Employer or Affiliate has an obligation to treat as confidential. 
 (g) “Effective Date” - means October 1, 2005. 
  

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 (h) “Trade Secrets” - means unpublished inventions or works of
authorship, as well as all information possessed by or developed by or for Employer or its Affiliate, including without limitation any formula, pattern, compilation, program device, method, technique, product, system, process, design, prototype,
procedure, computer programming or code that (i) derives independent economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by the public or other persons who can obtain
economic value from its disclosure or use; and (ii) is the subject of efforts that are reasonable to maintain its secrecy. 
 (i) “Work of Authorship” - means any computer program, code or system as well as any literary, pictorial, sculptural, graphic or audio visual work, whether published or unpublished, and whether copyrightable or not,
in whatever form and jointly with others that (i) relates to any of Employer’s or its Affiliate’s existing or potential products, practices, processes, formulations, manufacturing, engineering, research, equipment, applications or
other business or technical activities or investigations; or (ii) relates to ideas, work or investigations conceived or carried on by Employer or its Affiliate or by Employee in connection with or because of performing services for Employer or
its Affiliate. 
 2. BASIC EMPLOYMENT AGREEMENT. Subject to the terms and pursuant to the conditions hereinafter set
forth, Employer hereby employs Employee during the Term hereinafter specified to serve in a capacity, under a title, and with such duties not inconsistent with those set forth in Section 3 of this Agreement, as the same may be modified and/or
assigned to Employee by Employer from time to time; provided, however, that no change in Employee’s duties shall be permitted if it would result in a material reduction in the level of Employee’s duties as in effect prior to the change, it
being further understood that a change in Employee’s reporting responsibilities is not itself a basis for finding a material reduction in the level of duties. 
 3. DUTIES OF EMPLOYEE. Employee shall perform such duties assigned to Employee by Employer as are generally associated with the duties of Senior Vice President – Business Development
of Employer, or such similar duties as may be assigned to Employee as Employer may reasonably determine. Employee’s duties shall include, but not be limited to: (i) the preparation of relevant budgets and allocation of relevant funds;
(ii) the selection and delegation of duties and responsibilities of subordinates; (iii) the direction, review and oversight of all matters under Employee’s supervision; and (iv) such other and further duties as are consistent
with his position and which may be assigned by Employer to Employee from time to time. The foregoing notwithstanding, Employee shall devote such time to Employer’s Affiliates as may be required by Employer or its Affiliates, provided such
duties are not inconsistent with Employee’s primary duties hereunder. 
  

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 4. ACCEPTANCE OF EMPLOYMENT/ TERMINATION 2003 EMPLOYMENT AGREEMENT. Employee hereby
unconditionally accepts the employment set forth hereunder, under the terms and pursuant to the conditions set forth in this Agreement. Employee hereby covenants and agrees that, during the Term, Employee will devote the whole of Employee’s
normal and customary working time and best efforts solely to the performance of Employee’s duties under this Agreement, and will not perform any services for any casino, hotel/casino or other similar gaming or gambling operation which is not
owned by Employer or any of Employer’s Affiliates. 
 As a condition to the acceptance of the employment hereunder and concurrent the
execution of this Agreement, Employee agrees that as of the Effective Date and concurrent with the effectiveness of this Agreement Employee agrees to terminate the 2003 Employment Agreement by executing and delivering the Termination Agreement
attached hereto as Exhibit A. 
 5. TERM. Unless sooner terminated as provided in this Agreement, the term of
this Agreement (the “Term”) shall commence on the Effective Date and terminate at the end of the day on March 17, 2011. Following the Term, unless the parties enter into a new written contract of employment, (a) any
continued employment of Employee shall be at-will, (b) any or all of the other terms and conditions of Employee’s employment may be changed by Employer at its discretion, with or without notice, and (c) the employment relationship may
be terminated at any time by either party, with or without cause or notice. 
 6. SPECIAL TERMINATION PROVISIONS.
Notwithstanding the provisions of Section 5 of this Agreement, this Agreement shall terminate upon the occurrence of any of the following events: 
 (a) the death of Employee; 
 (b) the giving of written notice from Employer to Employee of
the termination of this Agreement upon the Complete Disability of Employee; 
 (c) the giving of written notice by Employer to
Employee of the termination of this Agreement upon the discharge of Employee for Cause; 
 (d) the giving of written notice by
Employer to Employee of the termination of this Agreement following a disapproval of this Agreement or the denial, suspension, limitation or revocation of Employee’s License (as defined in Subsection 8(b) of this Agreement); or 
 (e) the giving of written notice by Employee to Employer upon a material breach of this Agreement by Employer, which material breach
remains uncured for a period of thirty (30) days after the giving of such notice. 
  

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 In the event of a termination of this Agreement pursuant to the provisions of Subsection 6(a), (b), (c), or (d),
Employer shall not be required to make any payments to Employee other than payment of Base Salary and vacation pay accrued but unpaid and expenses incurred but not reimbursed through the termination date; specifically, in such event, Employee shall
not be entitled to any benefits pursuant to any severance plan in effect by Employer or any of its Affiliates. 
 7. COMPENSATION TO
EMPLOYEE. For and in complete consideration of Employee’s full and faithful performance of Employee’s duties under this Agreement, Employer hereby covenants and agrees to pay to Employee, and Employee hereby covenants and
agrees to accept from Employer, the following items of compensation: 
 (a) Base Salary. Employer hereby
covenants and agrees to pay to Employee, and Employee hereby covenants and agrees to accept from Employer, a base salary at the rate of Three Hundred Seventy-Five Thousand Dollars ($375,000.00) per annum from the Effective Date through
September 30, 2006 and at a base salary of Four Hundred Thousand Dollars ($400,000.00) thereafter during the Term, payable in such installments as shall be convenient to Employer (the “Base Salary”). Such Base Salary shall be
subject to periodic merit reviews and may be increased, but not decreased, as a result of any such review. Such Base Salary shall be exclusive of and in addition to any other benefits which Employer, in its sole discretion, may make available to
Employee, including, but not limited to, any discretionary bonus, executive stock option plan, profit sharing plan, pension plan, retirement plan, disability or life insurance plan, medical and/or hospitalization plan, or any and all other benefit
plans which may be in effect during the Term. 
 (b) Bonus Compensation. Employee also will be eligible to
receive a bonus at such times and in such amounts as Employer, in its sole and exclusive discretion, may determine, until such time as Employer may adopt a performance-based bonus plan, and thereafter in accordance with such plan, provided, however,
that Employee’s bonus potential under any such plan (as a percentage of base salary) shall not be less than any vice president of Wynn Las Vegas or any of its Affiliates. Subject to and effective upon the approval of the Compensation Committee
of Wynn Resorts, Limited, Employee shall at the earliest possible time after the Effective Date be granted an additional 50,000 options of Wynn Resorts, Limited common stock under the Wynn Resorts, Limited 2002 Stock Incentive Plan. Nothing in this
Agreement shall limit Employer’s discretion to adopt, amend or terminate any bonus plan at any time. 
 (c)
Employee Benefit Plans. Employer hereby covenants and agrees that it shall include Employee, if otherwise eligible, in any profit sharing plan, pension plan, executive stock option plan, retirement plan, disability or life insurance
plan, medical and/or hospitalization plan, and/or 

  

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any and all other benefit plans that may be placed in effect by Employer or any of its Affiliates for the benefit of Employer’s employees during the
Term. Nothing in this Agreement shall limit Employer’s or any of its Affiliates’ ability to (i) exercise the discretion provided to it under any employee benefit plan, or (ii) adopt, amend or terminate any such benefit plan at
any time. 
 (d) Expense Reimbursement. During the Term and provided the same are authorized in advance by
Employer, Employer shall either pay directly or reimburse Employee for Employee’s reasonable expenses incurred for the benefit of Employer in accordance with Employer’s general policy regarding expense reimbursement, as the same may be
modified from time to time. Prior to such payment or reimbursement, Employee shall provide Employer with sufficient detailed invoices of such expenses as may be required by Employer’s policy. 
 (e) Vacations and Holidays. Commencing as of the Effective Date, Employee shall be entitled to annual paid vacation
and paid holidays (or, at Employer’s option, an equivalent number of paid days off) in accordance with Employer’s respective standard policies, but in no event shall Employee receive fewer than two (2) weeks of paid vacation in any full
year of the Term. 
 (f) Withholdings. All compensation provided to Employee by Employer under this
Section 7 shall be subject to applicable withholdings for federal, state or local income or other taxes, Social Security Tax, Medicare Tax, State Unemployment Insurance, State Disability Insurance, charitable contributions and the like.

 (j) Benefits Date. Employee’s Benefits Date shall be used for determining vacation and other benefits.

 8. LICENSING REQUIREMENTS. 
 (a) Employer and Employee hereby covenant and agree that this Agreement may be subject to the approval of one or more gaming regulatory
authorities (the “Authorities”) pursuant to the provisions of the relevant gaming regulatory statutes (the “Gaming Acts”) and the regulations promulgated thereunder (the “Gaming Regulations”).
Employer and Employee hereby covenant and agree to use their best efforts to obtain any and all approvals required by the Gaming Acts, Gaming Regulations, or the concession agreement. In the event that (i) an approval of this Agreement by the
Authorities is required for Employee to carry out his duties and responsibilities set forth in Section 3 of this Agreement, (ii) Employer and Employee have used their best efforts to obtain such approval, and (iii) this Agreement is
not so approved by the Authorities, then this Agreement shall immediately terminate and shall be null and void. 
  

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 (b) If applicable, Employer and Employee hereby covenant and agree that, in order for
Employee to discharge the duties required under this Agreement, Employee must apply for or hold a license, registration, permit or other approval (the “License”) as issued by the Authorities pursuant to the terms of the relevant
Gaming Act, Gaming Regulations or the concession agreement, and as otherwise required by this Agreement. In the event Employee fails to apply for and secure, or the Authorities refuse to issue or renew Employee’s License, Employee, at
Employer’s sole cost and expense, shall promptly defend such action and shall take such reasonable steps as may be required to either remove the objections or secure or reinstate the Authorities’ approval, respectively. The foregoing
notwithstanding, if the source of the objections or the Authorities’ refusal to renew or maintain Employee’s License arise as a result of any of the events described in Subsection 1(d) of this Agreement, then Employer’s
obligations under this Section 8 also shall not be operative and Employee shall promptly reimburse Employer upon demand for any expenses incurred by Employer pursuant to this Section 8. 
 (c) Employer and Employee hereby covenant and agree that the provisions of this Section 8 shall apply in the event Employee’s
duties require that Employee also be licensed by governmental agencies other than the Authorities. 
 9.
CONFIDENTIALITY. 
 (a) Employee hereby warrants, covenants and agrees that Employee shall not directly
or indirectly use or disclose any Confidential Information, Trade Secrets, or Works of Authorship, whether in written, verbal, or model form, at any time or in any manner, except as required in the conduct of Employer’s business or as expressly
authorized by Employer in writing. Employee shall take all necessary and available precautions to protect against the unauthorized disclosure of Confidential Information, Trade Secrets, or Works of Authorship. Employee acknowledges and agrees that
such Confidential Information, Trade Secrets, or Works of Authorship are the sole and exclusive property of Employer or its Affiliate. 
 (b) Employee shall not remove from Employer’s premises any Confidential Information, Trade Secrets, Works of Authorship, or any other documents pertaining to Employer’s or its Affiliate’s business,
unless expressly authorized by Employer in writing. Furthermore, Employee specifically covenants and agrees not to make any duplicates, copies, or reconstructions of such materials and that, if any such duplicates, copies, or reconstructions are
made, they shall become the property of Employer or its Affiliate upon their creation. 
  

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 (c) Upon termination of Employee’s employment with Employer, Employee shall turn
over to Employer the originals and all copies of any and all papers, documents and things, including information stored for use in or with computers and software, all files, Rolodex cards, phone books, notes, price lists, customer contracts, bids,
customer lists, notebooks, books, memoranda, drawings, or other documents: (i) made, compiled by, or delivered to Employee concerning any customer served by Employer or its Affiliate or any product, apparatus, or process manufactured, used,
developed or investigated by Employer; (ii) containing any Confidential Information, Trade Secret or Work of Authorship; or (iii) otherwise relating to Employee’s performance of duties under this Agreement. Employee further
acknowledges and agrees that all such documents are the sole and exclusive property of Employer or its Affiliate. 
 (d)
Employee hereby warrants, covenants and agrees that Employee shall not disclose to Employer, or any Affiliate, officer, director, employee or agent of Employer, any proprietary or confidential information or property, including but not limited to
any trade secret, formula, pattern, compilation, program, device, method, technique or process, which Employee is prohibited by contract, or otherwise, to disclose to Employer (the “Restricted Information”). In the event, Employer requests
Restricted Information from Employee, Employee shall advise Employer that the information requested is Restricted Information and may not be disclosed by Employee. 
 (e) The obligations of this Section 9 are continuing and shall survive the termination of Employee’s employment with Employer.

 10. RESTRICTIVE COVENANT/NO SOLICITATION. 
 (a) Employee hereby covenants and agrees that, during the Term or for such longer period so long as Employer pays to Employee the
compensation set forth in Subsection 7(a) of this Agreement, Employee shall not directly or indirectly, either as a principal, agent, employee, employer, consultant, partner, member of a limited liability company, shareholder of a closely held
corporation, or shareholder in excess of two (2%) per cent of a publicly traded corporation, corporate officer or director, manager, or in any other individual or representative capacity, engage or otherwise participate in any manner or fashion
in any business that is in competition in any manner whatsoever with the principal business activity of Employer or Employer’s Affiliates, in or about any market in which Employer or Employer’s Affiliates have or plan to have hotel or
gaming operations. Employee hereby further covenants and agrees that the restrictive covenant contained in this Subsection 10(a) is reasonable as to duration, terms and geographical area and that the same protects the legitimate interests of
Employer, imposes no undue hardship on Employee, and is not injurious to the public. 
  

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 (b) Employee hereby further covenants and agrees that, during the Term and for a period
of one (1) year following the scheduled expiration of the Term, Employee shall not directly or indirectly, and Employee shall not suffer others to, solicit or attempt to solicit for employment any management level employee of Employer or
Employer’s Affiliates with or on behalf of any business that is in competition in any manner whatsoever with the principal business activity of Employer or Employer’s Affiliates, in or about any market in which Employer or Employer’s
Affiliates have or plan to have hotel or gaming operations. 
 11. BEST EVIDENCE. This Agreement shall be executed in
original and “Xerox” or photostatic copies and each copy bearing original signatures in ink shall be deemed an original. 
 12. SUCCESSION. This Agreement shall be binding upon and inure to the benefit of Employer and Employee and their respective successors and assigns. 
 13. ASSIGNMENT. Employee shall not assign this Agreement or delegate his duties hereunder without the prior express written consent
of Employer thereto. Any purported assignment by Employee in violation of this Section 13 shall be null and void and of no force or effect. Employer shall have the right to assign this Agreement freely. 
 14. AMENDMENT OR MODIFICATION. This Agreement may not be amended, modified, changed or altered except by a writing signed by both
Employer and Employee. 
 15. GOVERNING LAW. This Agreement shall be governed by and construed in accordance with the
laws of the State of Nevada, without regard to conflicts of law principles. 
 16. NOTICES. Any and all notices required
under this Agreement shall be in writing and shall be either hand-delivered or mailed, certified mail, return receipt requested, addressed to: 
 TO EMPLOYER:                         Wynn Las Vegas, LLC 
                                        
                3131  Las Vegas Boulevard South 
                                        
                Las Vegas, Nevada 89109 
 WITH A
COPY                            Wynn Resorts, Limited 
 THAT SHALL NOT BE              3131  Las Vegas Boulevard South

 NOTICE
TO:                                 Las Vegas, Nevada 89109 
                                        
                Attn: Legal Department 
  

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 TO EMPLOYEE:
                        Matt Maddox 
                                        
               2834 Gallant Hills 
                                        
               Las Vegas, Nevada 89135 
 All notices hand-delivered shall be
deemed delivered as of the date actually delivered. All notices mailed shall be deemed delivered as of three (3) business days after the date postmarked. Any changes in any of the addresses listed herein shall be made by notice as provided in
this Section 16. 
 17. INTERPRETATION. The preamble recitals to this Agreement are incorporated into and made a
part of this Agreement; titles of Sections are for convenience only and are not to be considered a part of this Agreement; and, this Agreement is not to be construed either for or against Employer or Employee, but shall be interpreted in accordance
with the general tenor of its language. 
 18. SEVERABILITY. In the event any one or more provisions of this Agreement
is declared judicially void or otherwise unenforceable, the remainder of this Agreement shall survive and such provision(s) shall be deemed modified or amended so as to fulfill the intent of the parties hereto. 
 19. DISPUTE RESOLUTION. Except for equitable actions seeking to enforce the provisions of Sections 9 and 10 of this Agreement,
jurisdiction and venue for which is hereby granted to the court of general trial jurisdiction in Las Vegas, Nevada, any and all claims, disputes, or controversies arising between the parties hereto regarding any of the terms of this Agreement or the
breach thereof, on the written demand of either of the parties hereto, shall be submitted to and be determined by final and binding arbitration held in Las Vegas, Nevada, in accordance with Employer’s or Employer’s Affiliates’
arbitration policy governing employment disputes, or, in the absence of any such policy, as conducted by and in accordance with the labor arbitration rules of the American Arbitration Association. This agreement to arbitrate shall be specifically
enforceable in any court of competent jurisdiction. 
 20. WAIVER. None of the terms of this Agreement, including this
Section 20, or any term, right or remedy hereunder shall be deemed waived unless such waiver is in writing and signed by the party to be charged therewith and in no event by reason of any failure to assert or delay in asserting any such term,
right or remedy or similar term, right or remedy hereunder. 
 21. PAROL. This Agreement constitutes the entire
agreement between Employer and Employee with respect to the subject matter hereto and supersedes any prior understandings, agreements, undertakings or severance policies or plans by and between Employer or Employer’s Affiliates, on the one
side, and Employee, on the other side, with respect to the subject matter hereof or Employee’s employment with Employer or Employer’s Affiliates. 
  

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 IN WITNESS WHEREOF AND INTENDING TO BE LEGALLY BOUND THEREBY, the parties hereto have
executed and delivered this Agreement as of the year and date first above written. 
  

					
	WYNN LAS VEGAS, LLC	 		 	EMPLOYEE
			
	 /s/ Andrew Pascal
	 		 	 /s/ Matt Maddox

	 Andrew Pascal
	 		 	 Matt Maddox

	 President and Chief Operating Officer
	 		 	

  

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 EXHIBIT A 
 TERMINATION AGREEMENT 
 This Termination Agreement (“Termination Agreement”) is made and
entered into as of the 1st day of October 2005, by and between Matt Maddox (“Employee”) and
Worldwide Wynn, LLC (“WWW”). 
 WHEREAS, Employee has entered into that certain Employment Agreement dated as of
March 14, 2003 (the “2003 Employment Agreement”) with WWW; and 
 WHEREAS, Employee has agreed to enter into an
employment agreement with Wynn Las Vegas, LLC (the “WLV Employment Agreement”) subject to and concurrent with the termination of the 2003 Employment Agreement; and 
 WHEREAS, Employee and WWW have agreed to terminate the 2003 Employment Agreement concurrent with the effectiveness of the WLV Employment
Agreement. 
 NOW, THEREFORE, for and in consideration of the foregoing recitals, and in consideration of the mutual covenants,
agreements, understandings, undertakings, representations, warranties and promises hereinafter set forth, and intending to be legally bound thereby, WLV and Employee do hereby covenant and agree as follows: 
  

	1.	TERMINATION OF AGREEMENT. Employee and WWW agree that the 2003 Employment Agreement shall terminated and be of no further force or effect concurrent with the effectiveness of
the WLV Employment Agreement which is scheduled to become effective as of October 1, 2005. 

 IN WITNESS WHEREOF AND
INTENDING TO BE LEGALLY BOUND THEREBY, the parties hereto have executed and delivered this Agreement as of the year and date first above written. 
  

					
	WORLDWIDE WYNN, LLC	 		 	EMPLOYEE
			
	 /s/ Marc D. Schorr
	 		 	 /s/ Matt Maddox

	 Marc D. Schorr
	 		 	
	 President
	 		 	 Matt Maddox

  

 13Amended and Restated Non-Qualified Deferred Compensation Plan

 EXHIBIT 10.9(kk) 
  
 PEDIATRIC SERVICES OF AMERICA, INC. 
  
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
  
 (As Amended and Restated Effective January 1, 2006) 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective
January 1, 2006) 
  
 THIS AMENDED AND RESTATED NON-QUALIFIED
DEFERRED COMPENSATION PLAN, adopted by PEDIATRIC SERVICES OF AMERICA, INC., a Georgia corporation (the “Company”), effective as of January 1, 2006 (the “Effective Date”); 
  
 W I T N E S S E
T H: 
  
 WHEREAS, the Company established this Plan
effective January 1, 2000, to provide key employees a non-qualified deferred compensation program and subsequently amended the Plan as of January 1, 2004 and January 1, 2005; 
  
 WHEREAS, this Plan is intended to provide benefits to a select group of
management or highly compensated personnel in order to attract and retain the highest quality executives and, therefore, is not intended to be a qualified plan within the meaning of sections 401(a) and 501(a) of the Internal Revenue Code of 1986, as
amended (the “Code”); 
  
 WHEREAS, this Plan is intended
to be an unfunded plan for purposes of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), although Company contributions and voluntary compensation deferrals shall be held in a “rabbi trust,” viz.
an irrevocable grantor trust, the assets of which can be used only to pay benefits under this Plan or, in the case of the Company’s insolvency, to pay claims of Company creditors; 
  
 WHEREAS, the Plan, as amended and restated as of January 1, 2005, includes provisions that are inconsistent with Code
Section 409A, as added by the American Jobs Creation Act of 2004. 
  
 WHEREAS, the Company now desires to amend and restate the Plan to reflect the changes required by Code Section 409A and to make certain other modifications; 
  
 NOW, THEREFORE, the Company hereby adopts this amendment and restatement of the PEDIATRIC SERVICES OF AMERICA, INC.
NON-QUALIFIED DEFERRED COMPENSATION PLAN on the following terms and conditions: 
  
 1. Definitions. Whenever used in this Plan, the following words and phrases shall have the meaning set forth below, unless a different meaning is expressly provided or plainly required by the context in
which the words or phrases are used 
  
 Active Participant
means a Participant who has a currently-effective Written Election to defer a portion of his Plan Year Compensation in accordance with Section 3.1. 
  
 Beneficiary means a person designated by a Participant pursuant to Section 9.1 to receive Plan benefits in the event of the Participant’s
death. 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 Board means the Board of Directors of the Company and its successors. 
  
 Change in Control means, as to Pre-AJCA Accounts: 
  
 (A) a change in ownership, holding or power to vote more than fifty percent
(50%) of the voting stock of the Company; 
  
 (B) the
shareholders of the Company approve any plan or proposal for the liquidation or dissolution of the Company, other than in connection with a transfer of substantially all of the assets of the Company to parties in the “controlled group of
corporations” (as defined in section 1563 of the Internal Revenue Code of 1986) in which the Company is a member; 
  
 (C) substantially all of the assets of the Company are sold or otherwise transferred to parties that are not within the “controlled group of
corporations” (as defined in section 1563 of the Internal Revenue Code of 1986) in which the Company is a member; 
  
 (D) the Company voluntarily files a petition for bankruptcy under federal bankruptcy law, or an involuntary bankruptcy petition is filed against the
Company under federal bankruptcy law, which is not dismissed within 120 days of the filing; 
  
 (E) the Company makes a general assignment for the benefit of creditors; 
  
 (F) the Company seeks or consents to the appointment of a trustee, receiver, liquidator or similar person; 
  
 (G) a merger, consolidation or reorganization of the Company with or
involving any other corporation, other than a merger, consolidation or reorganization 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) more than fifty percent (50%) of the combined voting power of the voting securities of the Company (or such surviving entity) outstanding immediately after such merger,
consolidation, or reorganization; or 
  
 (H) during any period of
two consecutive years, individuals who at the beginning of such period constitute the Board cease for any reason to constitute at least a majority thereof; unless the election or the nomination for election by the Company’s shareholders of each
new director was approved by a vote of at least three quarters of the directors still in office of the Company who were directors at the beginning of the period. 
  
 Change in Control, as to Post-AJCA Accounts, shall have the meaning prescribed by Regulations pursuant to Code
Section 409A(2)(A). 
  
 Company means Pediatric
Services of America, Inc., a Georgia corporation. 
  
 Company
Contribution Account means an account under the Plan to which amounts which the Company contributes under Section 3.2 with respect to a Participant, together with adjustments pursuant to Section 3.5(C), are credited in accordance with
Section 3.5. 
  

 2 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 Crediting Date means the date specified by the Committee for crediting the amount of any
Participant contributions to the Participant Deferral Account of a Participant. 
  
 Designated Participant means a Participant whom the Board has authorized to defer a portion of his/her cash discretionary bonus compensation/incentive pursuant to this Plan. 
  
 Disability means, as to Pre-AJCA Accounts,
(A) “disability” as defined in any group long-term disability policy or program sponsored by the Company and in effect at the time a Participant who has suffered a physical or mental impairment makes application under this Plan for a
disability distribution, or (B) if no such policy or program is in force at such time, “disability” as defined in section 1382c(a)(3) of volume 42 of the United States Code and regulations promulgated thereunder, provided, however,
that the disability (whether under the definition in (A) or in (B)) must be of a duration of at least six (6) consecutive months from the date the Participant suffers the disability, notwithstanding any different requirements of duration
under either definition in the actual policy or program or in the United States Code, respectively. A Participant who has suffered a Disability shall be referred to as “Disabled” under this Plan. Notwithstanding anything in this definition
to the contrary, a Participant shall also be deemed to be Disabled under this Plan without regard to the six month waiting period described in this section if the Plan Committee receives from the physician treating the Participant for the disabling
condition written evidence satisfactory to the Plan Committee (in its sole discretion) to the effect that the Participant has incurred a disabling condition described in clauses (A) or (B) of this section and a certification that, in
his/her professional opinion, such condition will continue for a duration of at least six months. For purposes of this section, the term “physician” means a doctor of medicine who is licensed and authorized to treat the type of condition
which the Participant claims is disabling. 
  
 Disability
means, as to Post-AJCA Accounts, a medically determinable physical or mental impairment that (A) renders the Participant unable to engage in any substantial gainful activity, provided that such impairment can be expected to result in death or
can be expected to last for a continuous period of not less than 12 months, or (B) is expected to result in death or can be expected to last for a continuous period of not less than 12 months, provided that the Participant is, on account of
such impairment, receiving income replacement benefits for a period of not less than 3 months under an accident and health plan covering employees of the Company. 
  
 Entry Date means the date a Participant’s participation in the Plan commences, as specified in Section 2.2.

  
 Key Employee means an employee of the Company, selected
by the Board, who is a member of a select group of management or highly compensated employees within the meaning of §2520.104-23 of the Department of Labor ERISA Regulations. In addition, “Key Employee” shall also mean any member of
the Board, notwithstanding that Board members are not employees of the Company by virtue of their status as Board members. 
  
 Life Insurance Contract means a life insurance policy described in Section 3.8. 
  

 3 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 Non-Qualified Deferred Compensation Grant means additional remuneration to the Participant for
his or her prior year fiscal service as a member of the Board made during the first quarter of the Company’s fiscal year. Notwithstanding the foregoing, to the extent that a Participant is a Key Employee by virtue of being a member of the
Board, the Participant’s compensation shall be, for purpose of the elections under Section 2.4 of the Plan, the amount designated by the Company as a Non-Qualified Deferred Compensation Grant to that Participant, which grant is additional
remuneration to the Participant for his or her service as a member of the Board. 
  
 Participant means (A) a Key Employee designated by the Board, in writing, to participate in the benefits under the Plan who timely files a written election pursuant to Section 2.4, below, and
(B) a former Employee who, at the time of his termination from employment, retirement, death, or occurrence of Disability, retains, or whose Beneficiary retains, benefits earned under the Plan in accordance with its terms. 
  
 Participant Deferral Account means an account under the Plan to which
amounts which a Participant elects to defer under Section 3.1, together with adjustments pursuant to Section 3.5(C), are credited in accordance with Section 3.5. 
  
 Performance-based Compensation means Plan Year Compensation that constitutes performance-based compensation within
the meaning of Code Section 409A(a)(4)(B)(iii) and the Regulations thereunder, and that is based on services performed over a period of at least twelve months. 
  
 Plan means the Pediatric Services of America, Inc. Non-Qualified Deferred Compensation Plan, as amended from time to
time, and the Trust Agreement established in connection herewith. 
  
 Plan Committee means the body of individuals appointed by the Board to handle the day-to-day responsibilities of administering the Plan. The Committee shall consist of at least three individuals who shall be appointed by the Board to
serve at the pleasure of the Board. Unless the Board specifies otherwise, the Committee members shall be the Company’s Chief Executive Officer; Chief Financial Officer; and Vice President, Human Resources, and each member shall be removed from
the Committee immediately upon the termination of his service in such capacity and assumed by any successor to the designated office. Any member of the Committee may resign, and his successor, if any, shall be appointed by the Board. The Committee
shall be responsible for the general administration and interpretation of the Plan and for carrying out its provisions, except to the extent all or any of such obligations are specifically imposed on the Board. Any Committee member who is an
employee of the Company shall be deemed to have been removed by the Board immediately as of his termination of employment with the Company, without the necessity of further action by the Board. 
  
 Plan Year means the twelve (12) consecutive month period
beginning each January 1 and ending each December 31. 
  
 Plan Year Compensation means for purposes of the elections under Section 2.4 of the Plan, the annual base salary paid to a Participant by the Company during any Plan Year, or portion thereof during which he is a Participant in
this Plan, as reflected on the Participant’s form W-2. In addition, for 

  

 4 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 
Designated Participants (as defined above), Plan Year Compensation shall include cash bonus compensation, if any, in addition to base salary and subject to
the provisions of Section 3.1(C); provided that a Participant shall be a Designated Participant for purposes of making deferrals out of bonus compensation only for such Plan Year or Plan Years as the Board may determine in its sole discretion.

  
 Post-AJCA Account shall mean the portion of each
Participant’s Participant Deferral Account that is attributable to compensation that would, but for the existence of a Written Election under this Plan, have been paid to the Participant in Plan Years beginning on and after January 1,
2005, as such amounts are adjusted for earnings and losses pursuant to Section 3.5. The Post –AJCA Account also shall include the portion of each Participant’s Company Contribution Account that is attributable to Company contributions
that are made to the Plan on and after January 1, 2005, except to the extent allowable under Regulations pursuant to which the Plan may treat amounts contributed in 2005 as having been made before January 1, 2005, for purposes of Code
Section 409A because, for example, such amounts were attributable to Participant Contributions made before January 1, 2005. 
  
 Retirement Benefit means, with respect to a particular Written Election, the unpaid balance of a Participant’s Participant Deferral Account
and his Company Contribution Account attributable to such Written Election, which equals the total of (i) all contributions made by the Participant and allocated to his Participant Deferral Account pursuant to such Written Election,
(ii) all contributions made by the Company and allocated to his Company Contribution Account with respect to contributions described in clause (i) of this section and (iii) all earnings deemed credited to his Participant Deferral
Account and his Company Contribution Account from time to time in accordance with Section 3.5(C) with respect to amounts described in clauses (i) and (ii) of this section, reduced by (iv) losses and expenses deemed charged
against such accounts from time to time in accordance with Section 3.5(C) with respect to amounts described in clauses (i) and (ii) of this section and (v) any distributions already paid from amounts described in clauses
(i) through (iv) of this section. 
  
 Retirement
means termination of employment with the Company on or after attainment of age 65. 
  
 Separation from Service shall mean the Participant’s termination of employment with the Company for any reason, as such definition is modified by Code Section 409A or any Regulations thereunder that
address transfers of employment to affiliates or other issues. In the case of a Board member, such a Participant shall be deemed to have experienced a Separation from Service as to the portion of his Account attributable to Non-Qualified Deferred
Compensation Grants, as adjusted for earnings and losses, when his term as a member of the Boards ends and is not immediately followed by a his election to a new term. 
  
 Trust means the grantor (or “rabbi”) trust established by the Company in connection with this Plan.

  
 Trust Agreement means the agreement between the Trustee
and the Company establishing the Trust. 
  
 Trustee means
Banker’s Life, or any successor trustee named to succeed such Trustee under the terms of the Trust Agreement established in connection with this Plan. 
  

 5 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 Written Election means the written deferral election document described in Section 2.4.

  
 2. Participation. 
  
 2.1. Eligibility. A Key Employee of the Company is eligible to
participate in this Plan on the Entry Date first following the date as of which each of the following events has occurred: 
  
 (A) the Board has designated him in writing as a Participant in the Plan; 
  
 (B) the Key Employee has made a Written Election in accordance with the terms of Section 2.4 below; and 
  
 (C) the Key Employee has completed the lesser of either: (i) twelve
months of continuous service, or (ii) another number of months of continuous service determined and approved by the President of the Company. 
  
 2.2. Entry Date. Any Key Employee who is already participating in this Plan or who has met the Eligibility requirements specified in
Section 2.1 as of the Effective Date shall remain a Participant in the Plan as of the Effective Date. Any Key Employee of the Company who meets the Eligibility requirements specified in Section 2.1 on or after the Effective Date of this
Plan shall become a Participant on the first day of the payroll period immediately following the date on which he has met the Eligibility requirements. 
  
 2.3. Designation. The Board shall designate from time to time, in writing, the name of each Key Employee who shall be entitled to participate as an
Active Participant in the Plan. The Board’s designation shall specify: (i) the tier (for purposes of Section 3.1) to which each such Key Employee shall be assigned; (ii) whether the Key Employee will be a Designated Participant;
and (iii) the effective date of the designation. 
  
 The
Board’s designations shall continue as if reaffirmed each Plan Year without further action of the Board until the earliest of the Participant’s termination of employment from the Company for any reason, the Board’s written rescission
of such designation (which may not be retroactive from the date of the Board’s action) or the termination of this Plan. 
  
 The Board generally shall make its designations in its meeting during the first quarter (October-December) of the Company’s fiscal year (October 1
through September 30), to be effective as of the first day of the following Plan Year. The Board also, however, may designate that individuals may 

  

 6 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 
become Active Participants as of any date other than the first day of the Plan Year. Individuals so designated shall, as set forth in Section 2.4, have
30 days to submit a Written Election. 
  
 In the case of an
individual who is a Key Employee by virtue of his or her status as a member of the Board, the Board member shall be deemed to be a Key Employee as to compensation payable on account of his or her service as a Board member, immediately upon the
commencement of his or her term on the Board or, if later, May 3, 2006. Such designation shall continue until his or her term on the Board ends. Board members may not be Designated Participants. 
  
 2.4. Written Election by Participant. Except as set forth below, each
Key Employee designated by the Board as a Participant for a Plan Year shall submit to the Plan Committee a Written Election before the first day of the Plan Year for which he has been designated as a Participant. If a Key Employee will become a
Participant after the first day of Plan Year, he shall have 30 days before or after his Entry Date to submit the Written Election. If a Participant fails to submit a Written Election within the period specified in this Section 2.4, he may not
participate in the Plan until the first Entry Date of the next succeeding Plan Year (provided that he continues to be eligible under Section 2.1). Notwithstanding the foregoing, any Written Election to defer Plan Year Compensation that is
Performance-based Compensation shall be made not later than six months before the end of the period over which the services to which it applies are performed. Also notwithstanding the foregoing, any Written Election to defer a Non-Qualified Deferred
Compensation Grant that is attributable to services performed in a Plan Year prior to the Plan Year in which the Non-Qualified Deferred Compensation Grant is paid but that is not Performance-based Compensation shall be made not later than the end of
the Plan Year before the Plan Year in which the services are performed. For example, a bonus that is not Performance-based Compensation but that is paid in February, 2007, for services performed in 2006, may be deferred pursuant to a Written
Election submitted before December 31, 2005. 
  
 (A) Each
Written Election shall be made on the form or in the manner specified by the Plan Committee for this purpose and shall set forth: 
  

	 	(1)	the percentage of Plan Year Compensation or the dollar amount the Key Employee has determined to defer under the Plan for the Plan Year, pursuant to Section 3.1 below;

  

	 	(2)	the investment vehicles into which the Key Employee directs that his Participant Deferral Account and his Company Contribution Account be invested and the percentage of his
Participant Deferral Account and his Company Contribution Account allocated to each elected investment vehicle; 

  

	 	(3)	the date on which his benefit is to be distributed (or a distribution will commence) which is the earlier of the date specified by the Participant or when he has a Separation from
Service with the Company; 

  

 7 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

	 	(4)	the form in which his benefit with respect to the Written Election in question is to be distributed, which form must be available for selection on the Written Election form provided
by Committee. 

  
 (B) The Written Election shall
become effective with respect to such Participant as of the first day of the Plan Year that occurs after the date such Written Election is received by the Committee; provided, that a Participant who first becomes a Participant in the Plan during a
Plan Year may enter into a Written Election to be effective as of the first payroll period next following the date he enters the Plan or, if later, the first payroll period that begins after the Participant submits his Written Election to the
Committee. Unless earlier modified by the Participant under the terms of this Plan, a Participant’s election shall continue in effect until the Participant’s employment with the Company is terminated or, if earlier, until the Participant
ceases to be an Active Participant under the Plan. Notwithstanding the foregoing, the portion of a Written Election directing the investment of the Participant’s Participant Deferral Account and Company Contribution Account shall remain in
effect until modified by the Participant, notwithstanding the Participant’s termination of employment or cessation of active participation in the Plan. 
  
 (C) A Participant may change a submitted Written Election in accordance with the following: 
  

	 	(1)	A Participant may change the investment vehicle(s) and the percentage allocation of his Participant Deferral Account and his Company Contribution Account allocated to each
investment vehicle in the manner and frequency and as of the dates specified by the Committee, and only in such funds as designated by the Plan Committee and as included in the Plan. Such a change may be made by the Beneficiary of a deceased
Participant to the extent that the Beneficiary is entitled to a benefit under this Plan. 

  

	 	(2)	A Participant may change the date or form of distribution as to his Pre-AJCA Account by submitting a new Written Election to the Plan Committee, provided that such change is
submitted at least ninety (90) days prior to the original date of distribution, the new date of distribution is subsequent to the original date of distribution, and only one such change may be made after the original election. Notwithstanding
anything contained herein to the contrary, the date and form of distribution selected on the Written Election made for the Plan Year beginning January 1, 2004, shall supercede any contrary election for any previous Plan Year.

  
 A Participant may change the date or form of
distribution as to his Post-AJCA Account only as set forth in Section 6.3. 
  

	 	(3)	The portion of Plan Year Compensation deferred pursuant to Section 3.1 and specified in the Written Election for a given Plan Year (or part of a Plan Year) may not be changed.

  
 (D) Notwithstanding anything as set forth above,
including (A)(1), to the extent that a Participant is a Participant by virtue of his or her status as a member of the Board, 

  

 8 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 
the Participant shall be deemed to have elected to defer 100 percent of his or her Plan Year Non-Qualified Deferred Compensation Grant for each Plan Year in
which he or she is an Active Participant in this Plan. Such a Participant shall nevertheless be required to submit a Written Election solely selecting for the purpose of investment vehicles, a distribution date and a form of distribution in the same
manner as any other Participant. 
  
 2.5. Duration of
Participation/Designated Participation. Any Key Employee who has become a Participant at any time shall remain a Participant, even though he is no longer an Active Participant, until his entire benefit under the terms of the Plan has been paid
to him (or to his Beneficiary in the event of his death), at which time he ceases to be a Participant. Once identified by the Board as a Designated Participant, a Participant shall remain in that status for purposes of this Plan until the earlier of
(i) the termination of the Participant’s employment with the Company for any reason, (ii) the Board’s revocation of the Participant’s status as such or as a Designated Participant or (iii) the termination of this Plan
by the Company. 
  
 2.6. Maintenance of Records. Records
regarding the designation of Participants by the Board shall be maintained in the corporate minute book. The Written Elections by Participants shall be maintained in the corporate records with all other files pertaining to this Plan. 
  
 3. Contributions and Allocation. 
  
 3.1. Participant Contributions. 
  
 (A) A Participant may elect to defer a portion of his Plan Year Compensation
each Plan Year (described either as a percentage of Plan Year compensation or a flat dollar amount), up to the maximum amount allowed pursuant to following schedule for the tier to which such Participant belongs (as determined by the Board pursuant
to Section 2.3): 
  

			
	 Tier

	  	Maximum Deferral %

	 Tier 1
	  	100%
	 Tier 2
	  	  25%
	 Tier 3
	  	  12%
	 Tier 4
	  	  10%
	 Tier 5
	  	100%

  
 In
the case of a Participant in Tier 5, which shall be limited to Participants who are Board members, and notwithstanding the preceding paragraph, to the extent that the Participant is a Participant because he or she is a Board member, in accordance
with Section 2.4(D) he or she shall not have an election to defer Non-Qualified Deferred Compensation Grant attributable to his or her status as a Board member. Instead, each such Participant shall be deemed to have elected to defer 100 percent
of the Non-Qualified Deferred Compensation Grant he or she receives on account of his or her Board membership. 
  

 9 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 (B) If the Participant has elected to defer a specified dollar amount for a given Plan Year in
accordance with Sections 2.4 and 3.1(A), once a Participant’s contributions for that Plan Year have reached such elected dollar amount, such Participant shall not be allowed to defer additional portions of his Plan Year Compensation for the
remainder of the Plan Year. Any deferred amounts in excess of his elected dollar amount can be refunded to the Participant as soon as practicable. 
  
 (C) Subject to the limitations of Section 3.1(A), for purposes of the elections under Section 2.4 and the limitations under Section 3.1 of
the Plan, the election by Designated Participants to defer amounts out of cash bonus compensation shall be made, if at all: 
  
 (1) by Written Election but separately from the election to defer out of base salary, but subject to the same maximum deferral percentage
applicable to regular Plan Year Compensation; 
  
 (2) prior to both (i) the date a discretionary bonus is declared and (ii) the beginning of the Plan Year in which the bonus is paid. 
  
 (3) If a bonus constitutes performance-based compensation within the meaning of Code Section 409A(a)(4)(B)(iii), and is based on
services performed over a period of at least 12 months, then notwithstanding (2) above, a Participant may make a Written Election as to such bonus no later than six months before the end of the period over which it is based. The rule in this
paragraph (3) regarding the timing of a Written Election shall take precedence over the timing rule in (2) above if the bonus constitutes performance-based compensation subject to this paragraph (3). As to performance-based compensation
paid in 2005, the Plan shall apply any transition rules as the IRS may prescribe by regulation or otherwise, to ensure that Participants may make deferral elections from performance-based bonuses paid in 2005 that are attributable to service in 2004
or earlier periods. 
  
 (4) The percentage
limitation on deferrals in Section 3.1(A) shall apply separately to deferrals from base compensation and bonus compensation (in the case of Designated Participants); accordingly, bonuses shall not be taken into account when determining the
maximum deferral from base compensation and vice-versa. 
  
 (D)
Participant deferral contributions (including without limitation bonus deferral contributions described in Section 3.1(C)) shall be collected by payroll deduction. In the case of a Written Election that specifies a flat dollar amount, the
amount specified (other than amounts deferred from cash bonuses by Designated Participants) shall be deducted on pro-rated basis over the payroll periods during the affected Plan Year; in the case of a Written Election to defer a flat dollar amount
of a cash bonus, the specified amount shall be deducted from the bonus payment. 
  
 3.2. Company Contributions. On behalf of each Participant for any Plan Year, the Company may contribute to the Plan an amount equal to a percentage of the amount each Participant contributes to the Plan as a
Participant Contribution. The applicable percentage of the amount contributed by each Participant shall be determined and authorized by the Board in its sole discretion. The contribution rate may (1) differ among Participants in the various
Tiers; (2) differ as to Participant 

  

 10 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 
Contributions from base compensation or bonus; (3) be limited to Participant Contributions that do not exceed a specified percentage of Plan Year
Compensation or a particular dollar amount; or (4) be allocated taking into account any combination of (1)-(3) preceding or in any other manner specified by the Board. Notwithstanding the foregoing, each Plan Year, the Company shall
contribute, on behalf of each Participant who is a member of the Board, an amount equal to fifty percent (50%) of each such Participant’s contributions to the Plan from his or her Non-Qualified Deferred Compensation Grant to the extent
that such deferrals are made from Non-Qualified Deferred Compensation Grant paid on account of his or her Board membership. 
  
 3.3. Allocation of Participant Contributions. All amounts which a Participant elects to defer under the terms of this Plan shall be allocated to
his Participant Deferral Account. Each such Participant Deferral Account shall be credited with earnings as provided in Section 3.5 below. 
  
 3.4. Allocation of Company Contributions. In each Plan Year, the amount of any contribution determined for each Participant under Section 3.1
above shall be allocated to the Company Contribution Account of each Participant by the first day of the month following the time in which the deferral from pay was made. Each such Company Contribution Account shall be credited with earnings as in
Section 3.5 below. 
  
 3.5. Adjustments to Participant
Deferral Account and Company Contribution Account. With respect to each Participant who has a Participant Deferral Account or a Company Contribution Account under the Plan, the amount credited to each such account shall be adjusted by the
following debits and credits, at the times and in the order stated: 
  

	 	(A)	Each account shall be debited each business day with the total amount of any payments made from such account since the last preceding business day. 

  

	 	(B)	The Participant Deferral Account shall be credited on each Crediting Date with the total amount of any Participant deferrals to such account since the last preceding Crediting Date.

  

	 	(C)	The Company Contribution Account shall be credited on each date specified by the Committee with the total amount of Company Contributions to such account since the last date that
Company Contributions were credited. 

  

	 	(D)	The Participant Deferral Account and the Company Contribution Account shall be credited or debited on each day securities are traded on a national stock exchange with the amount of
deemed investment gain or loss resulting from the performance of the investment funds elected by the Participant in accordance with Section 2.4. The amount of such deemed investment gain or loss shall be determined by the Committee and such
determination shall be final and conclusive upon all concerned. 

  

	 	(E)	A Participant, by electing to participate in this Plan, agrees that neither the Company nor the Plan Committee has any liability for the investment results of the assets set aside
in the Trust. 

  

 11 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

	 	(F)	The Trustee, as directed by the Plan Committee, shall have the duty and sole authority to invest the Trust assets and funds in accordance with the terms of the Trust Agreement, and
all rights associated with the Trust assets shall be exercised by the Trustee, as designated by the Board. 

  
 3.6. Forfeitures. If any amount of Participant Contributions are forfeited in any year, such forfeited amounts shall be used to reduce future
Company Contributions. 
  
 3.7. Funding. The assets of the
Plan shall be held under the Trust Agreement (a “grantor” or “rabbi” trust). As such, the Plan is intended to be an unfunded plan for purposes of the requirements of ERISA and the Code. Notwithstanding the provisions under the
terms of the Plan that amounts contributed to this Plan, plus earnings thereon, shall be allocated to separate accounts of Participants or that such amounts may become “vested”, all such amounts credited to such individual accounts shall
remain the general assets of the Company, and as such shall remain subject to the claims of the general creditors of the Company. This Plan and the related Trust Agreement do not create, nor does any Employee, Participant or Beneficiary have any
right with respect to any specific assets of the Company. 
  
 Under no circumstances shall the assets of the Plan, whether held under the Trust Agreement or otherwise, be located outside the United States. 
  
 3.8 Insurance Contracts. In connection with this Plan, the Company may, in its sole discretion, direct the Trustee to purchase life insurance
contracts insuring Participants in this Plan but owned solely by the Trust (“Life Insurance Contract(s)”). All premiums with respect to Life Insurance Contracts shall be paid out of contributions to the Plan that have been transferred to
the Trustee, and the Trust shall be the sole beneficiary under such policies. The Company has no obligation to direct the purchase of a Life Insurance Contract with respect to any Participant. Whether a given life insurance policy owned by the Trust
and covering a Participant in this Plan is a Life Insurance Contract under this Plan with respect to such Participant shall be determined by the Plan Committee in its sole discretion. 
  
 4. Vesting of Benefits. 
  
 4.1. Vesting of Participant Deferral Accounts. The Participant Deferral Account of each Participant shall be one
hundred percent (100%) vested in such Participant at all times, provided, however, that in the event of a Haircut Withdrawal, a portion of such account shall be forfeited in accordance with Section 5.5. 
  
 4.2. Company Contribution Account. The Company Contribution Account of
each Participant shall be one hundred percent (100%) vested in such Participant at all times, provided, however, that in the event of a Haircut Withdrawal described in Section 5.5, a portion of such account shall be forfeited in accordance
with Section 5.5. 
  

 12 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 5. Types of Benefits. 
  
 5.1. Age 65 Benefit. If a Participant so elects in his Written Election, he shall receive his Retirement Benefit(s)
with respect to all his Written Election(s) upon Retirement in the form(s) specified on the respective Written Election(s) governing such benefit. 
  
 5.2 Termination of Service Benefit. If a Participant’s employment with or service to the Company terminates prior to distribution, he will
receive his Retirement Benefit calculated under the definition of Retirement Benefit under Section 1 in the manner specified in Section 6.1(B). 
  
 5.3. Disability Benefit. 
  
 (A) If a Participant is determined to be Disabled as defined in the definition of Disabled in Section 1, he will receive his Retirement Benefit with
respect to all his Written Elections, in the applicable form(s) elected by the Participant in his Written Election(s), commencing as soon as practical after the Committee’s determination that the Participant is disabled. 
  
 (B) The determination of whether a Participant is Disabled shall be made by
the Plan Committee as follows: 
  

	 	(1)	A Participant who believes he has suffered a Disability shall make application to the Plan Committee, on a form prescribed by the Plan Committee, for a determination of whether he
is Disabled. The Participant shall make such written application to the Plan Committee on or after the date which is at least five (5) consecutive months following the date he first suffered the impairment under consideration. Any determination
by the Plan Committee that a Disability exists shall be effective only after the date the Disability has continued for six (6) consecutive months. 

  

	 	(2)	The Plan Committee shall notify each Participant who has made application under this Section 5.3(B), in writing, of its determination within three (3) months of the date
the Plan Committee receives the Participant’s application hereunder. The Participant shall cooperate in providing any information to the Plan Committee which it requires in making its determination, including, but not limited to, access to the
Participant’s medical records, direct contact with his physician and physical examination by a physician selected by the Company. Any Participant who does not fully cooperate shall be deemed not Disabled by the Plan Committee and so notified.

  

	 	(3)	 Notwithstanding anything in Sections 5.3(B)(1) and (2) to the contrary, a Participant may file a claim for Disability benefits at any time after incurring a
Disability and prior to the dates specified in such sections, provided that the physician treating the Participant for the disabling condition submits the evidence and certification described in the definition of Disabled in Section 1, and
provided further that the Participant must still file the written application contemplated in Section 5.3(B)(1) and provide the requisite cooperation described in Section 5.3(B)(2) in order to receive such benefits. Any determination by
the Plan 

  

 13 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

	 	 
Committee that a Disability exists under this Section 5.3(B)(3) will be effective on the date of such determination. 

  

	 	(4)	Except to the extent an appeal is available under this Plan, all determinations made by the Plan Committee shall be final, and no Participant shall be considered Disabled for any
purpose whatsoever under the provisions of this Plan if determined not to be Disabled by the Plan Committee under the procedures set forth in this Section 5.3(B). 

  
 5.4. Death Benefit. 
  
 (A) If a Participant dies after a distribution under Sections 5.1, 5.2, 5.3, 5.5 or 5.6 of this Plan has commenced, the payments of such distribution
otherwise due to the Participant will continue to his designated Beneficiary, in the applicable form elected by the Participant in his Written Election. 
  
 (B) If a Participant dies before a distribution under this Plan has commenced and the Trustee has not purchased a Life Insurance Contract in connection
with such Participant’s participation in this Plan, the Participant’s designated Beneficiary will receive the Participant’s Retirement Benefit with respect to all his Written Elections, in the applicable form(s) elected by the
Participant in his Written Election(s). 
  
 (C) If a Participant
dies before a distribution under this Plan has commenced the Participant’s designated Beneficiary will receive the group term life insurance policy benefit ($200,000 for 2004) and the vested balance of all accounts under this Plan. 

 
 5.5 Haircut Withdrawals. A Participant, while he is employed
by the Company, may make one withdrawal from his Deferred Compensation Account by written request to the Committee; provided, however, that a Participant who requests a withdrawal under this Section 5.5 shall incur a penalty (the
“haircut”) equal to the greater of $500 or 5% of the amount withdrawn, and this penalty shall be forfeited from the Deferred Compensation Account of the Participant. The Participant must also forgo participation in the Plan until the
beginning of the first Plan Year that begins at least six months after the date of the withdrawal. At that time, the Participant must make a new Written Election to make deferrals under the Plan as of the beginning of a Plan Year, provided he is
still eligible to do so, as his previous election will not automatically be reinstated. 
  
 Notwithstanding the foregoing, a Participant may not make the withdrawal described in the previous paragraph from any amounts deferred under the Plan on and after January 1, 2005. 
  
 5.6 Financial Hardship Withdrawals. A distribution from a
Participant’s Deferral Account and/or Company Contribution Account may be made to a Participant on account of financial hardship, subject to the following provisions: 
  
 (A) A Participant may, at any time prior to his Retirement or termination of employment with the Company for any reason,
including Disability, make application to the Committee to receive a distribution in a lump sum of all or a portion of his Deferred Compensation and Participant 

  

 14 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 
Contribution Accounts (determined as of the date the distribution, if any, is made under this Section 5.6) because of an unforeseeable emergency that
results in severe financial hardship to the Participant. A distribution because of an unforeseeable emergency shall not exceed the amount required to meet the immediate financial need created by the unforeseeable emergency and not otherwise
reasonably available from other resources of the Participant. 
  
 (B) The Participant’s request for a distribution on account of financial hardship must be made in writing to the Plan Committee. The request must specify the nature of the financial hardship, the total amount requested to be
distributed from the Deferred Compensation or Participant Contribution Account, and the total amount of the actual expense incurred on account of financial hardship. 
  
 (C) If a distribution under this Section 5.6 is approved by the Committee, such distribution will be made as soon as
practicable following the date it is approved. The processing of the request shall be completed as soon as practicable from the date on which the Committee receives the properly completed written request for a distribution on account of a financial
hardship. If a Participant’s termination of service occurs after a request is approved in accordance with this Section 5.6, but prior to distribution of the full amount approved, the approval of the request shall be automatically null and
void and the benefits which the Participant is entitled to receive under the Plan shall be distributed in accordance with the applicable distribution provisions of the Plan. Only one financial hardship distribution shall be made within any Plan
Year. 
  
 (D) The Committee may from time to time adopt additional
policies or rules governing the manner in which such distributions may be made so that the Plan may be conveniently administered. 
  
 (E) As to a hardship withdrawal from a Participant’s Post-AJCA Account, an unforeseeable emergency means a severe financial hardship to the
Participant resulting from an illness or accident of the Participant, the Participant’s spouse or a dependent (as defined in Code Section 152(a)) of the Participant, loss of the Participant’s property due to casualty or other similar
extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant. The Committee may, but is not required, to impose the definition of an unforeseeable emergency under this paragraph (E) on any
withdrawal from a Participant’s Pre-AJCA Account. 
  
 (F) A
distribution from a Participant’s Post-AJCA Account because of a hardship under this Section 5.6 shall not exceed the amount necessary to satisfy such emergency, plus amounts necessary to pay taxes reasonably anticipated as a result of the
distribution, after taking into account the extent to which such hardship is or may be relieved through reimbursement or compensation by insurance or otherwise or by liquidation of the Participant’s assets (to the extent the liquidation of such
assets would not itself cause severe financial hardship). 
  

 15 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 6. Distributions. 
  
 6.1. Form of Benefits. Benefits under the Plan shall be paid in the form associated with Type of Benefit to be
received by the Participant under Section 5, and to the extent a Type of Benefit may be distributed in various forms, the Company shall pay benefits in the form elected by the Participant in his Written Election. Where yearly installments are
contemplated, such installments shall be as nearly equal as possible. The forms of benefits associated with the Types of Benefits are the following: 
  
 (A) Benefits upon Retirement (Section 5.1), Disability (Section 5.3) or death (Section 5.4) may be paid in (i) one lump sum; (ii) 5 yearly
installments; (iii) 10 yearly installments; or (iv) 15 yearly installments, as elected by the Participant in his Written Election deferring such amounts. The form of payment elected by a Participant in his Written Election for any Plan
Year shall apply both to Participant Contributions and to Company Contributions that are made in or are allocable to such Plan Year. 
  
 (B) Benefits from a Participant’s Pre-AJCA Account shall, upon the Participant’s termination of employment with the Company for reasons other
than Retirement, Disability or death (Section 5.2), be paid in one lump sum or five yearly installments, notwithstanding the pay-out election on the Participant’s Written Election. Within thirty days after the Participant’s termination of
employment with the Company for a reason other than Retirement, Disability or death, the Participant shall elect to have his Pre-AJCA Account paid in one lump sum or in five yearly installments. If the Participant does not make an election during
this thirty-day period, he shall receive his entire Pre-AJCA Account in a single lump sum. 
  
 Benefits from a Participant’s Post-AJCA Account shall, upon the Participant’s termination of employment with the Company for reasons other than Retirement, Disability or death, be paid in the form and at the
time specified by the Participant in the applicable Written Election, except to the extent that the Participant has amended such directions where such a change is otherwise allowable under this Plan. 
  
 (C) A Haircut Withdrawal (Section 5.5) shall be paid in one lump sum; and

  
 (D) Financial Hardship Benefit (Section 5.6) shall be paid in
one lump sum. 
  
 6.2. Commencement of Payments. Payment of
benefits under this Plan to the Participant will commence in accordance with the following: 
  
 (A) Retirement Benefit (Section 5.1), Disability Benefit (Section 5.3) and Death Benefit (Section 5.4) payments shall commence no later than January 15 of the Plan Year following the Plan Year in which the
Participant retires, becomes disabled or dies, as the case may be. Termination of Service Benefits (Section 5.2) shall commence no earlier than the end of the seventh month that begins after the month in which the Participant’s termination of
service occurs. Notwithstanding the foregoing, as to Post-AJCA Deferrals, Retirement Benefits and Termination of Service Benefits shall not be paid to any Specified Employee earlier than (i) six months after the date of the Participant’s
Separation from Service (as defined by Regulations) or, (ii) if earlier, the date of the Participant’s death. A Specified Employee is any Participant who is a key employee of the Company or any affiliate of the Company, as “key
employee” is defined in Code Section 416(i) without regard to paragraph (5) thereof, and as affiliate is defined in Regulations. 
  
 (B) Financial Hardship Benefit (Section 5.6 and 5.6A) payments and Haircut Withdrawals (Section 5.5) payments shall commence no later than sixty
(60) days after a request is approved by the Plan Committee. 
  

 16 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 6.3 Changes to Form and Time of Distribution. Changes to the form and time of distribution a
Participant specified in his Written Election as to Post-AJCA Deferrals may be made only as set forth in this Section 6.3. Such an election shall be effective only if: 
  
 (A) The election does not take effect until at least twelve months after the date on which the election is made. An election
is deemed to have been made for this purpose on the date it is received by the Committee or its designee. 
  
 (B) The first payment with respect to which the election shall apply is deferred for a period of not less than five years from the date as of which it
would otherwise have been made. 
  
 (C) The election does not
accelerate the distribution. 
  
 (D) If the election related to a
distribution that was to have been made pursuant to the Participant’s selection of a specific date for the distribution to be made or to commence, the election is made not less than twelve months prior to the date of the first scheduled
payment. 
  
 7. Amendment, Termination of Plan, Change in
Control. 
  
 7.1. Amendment. The Company reserves
the right to amend the Plan at any time by resolution of the Board. The Board will determine the effective date of any such amendment. The amendment may not deprive any Participant or Beneficiary of any portion of a benefit accrued under the terms
of this Plan at the time of the amendment. 
  
 7.2. Termination
of Plan. The Company reserves the right to terminate the Plan at any time by resolution of the Board. In the event of Plan termination, the Company will calculate the Retirement Benefit of each Participant as of the effective date of the
termination and distribute such amounts to the Participant or Beneficiary in a lump sum within thirty (30) days of the Plan’s termination. This Section 7.2 shall not apply to the extent not allowable under Regulations. 
  
 7.3. Change in Control. In the event of a Change in Control, the Plan
shall automatically terminate and the provisions of Section 7.2 shall control. 
  
 8. Benefits not Funded. 
  
 (A) Participants Unsecured Creditors. Participants and Beneficiaries have the status of unsecured creditors of the Company, and the Plan constitutes a mere promise by the Company to make benefit payments in the future. A
Participant’s or Beneficiary’s interest in the Plan is an unsecured claim against the general assets of the Company, and neither the Participant nor a Beneficiary has any right against the Participant’s account balances until the Plan
has distributed the Participant’s benefit. 
  
 (B)
Deposits to Trust. Notwithstanding anything in Section 8(A) to the contrary, the Company will make a transfer of cash to the Trust in the amount necessary to fund the deferred compensation. A copy of the Trust Agreement is attached to
this Plan. However, such Trust created by 

  

 17 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 
the Company is intended to be a grantor or “rabbi” trust, and any assets held by such Trust to be used to assist the Company in meeting its
obligations under the Plan, provided that all such assets shall at all times remain subject to the claims of creditors of the Company. 
  
 (C) “Top Hat” Plan. It is the intention of the Company that this Plan and the accompanying Trust shall constitute an unfunded arrangement
maintained for the purpose of providing deferred compensation for a select group of management or highly compensated employees for purposes of Title I of the Employee Retirement Income Security Act of 1974, as amended, and the regulations
promulgated thereunder. 
  
 9. Miscellaneous.

  
 9.1. Designation of Beneficiary. 
  
 (A) Designation. Each Participant shall designate, in writing, prior
to the date he first becomes a Participant in the Plan, one or more Beneficiaries to receive his benefit under the provisions of Section 5.4. The Participant shall file the written designation with the Plan Committee. The Participant may revoke
a previous Beneficiary designation by filing a new written beneficiary designation with the Plan Committee, which shall be effective upon receipt by the Plan Committee. 
  
 (B) No Designated Beneficiary. If a Participant fails to file a valid designation of beneficiary with the Plan
Committee under the provisions of this Section 9.1, or if no designated Beneficiary survives the Participant, then the death benefit under this Plan shall be payable to the Participant’s spouse or, if no spouse survives, then to the
Participant’s estate. If a Participant names more than one primary Beneficiary, one or more primary Beneficiary(ies) does not survive the Participant, and the Participant has not named a contingent Beneficiary for the share allocated to the
deceased Beneficiary, the portion allocable to the deceased Beneficiary(ies) shall pass as if there is no surviving Beneficiary (i.e., to the Participant’s spouse or estate, as applicable). 
  
 (C) Secondary Beneficiaries. If a Beneficiary becomes entitled to
payments under this Plan as the result of having survived the Participant, the Beneficiary may designate his own Beneficiary to receive such Plan benefits as may be due to him and unpaid at the time of his death. Any Beneficiary designation under
this Section 9.1(C) shall be subject to the same terms and conditions applicable to a Beneficiary designation by a Participant (as specified in this Section 9.1), including the default beneficiary designations described in 9.1(B).

  
 (D) Automatic Revocation Upon Divorce. Notwithstanding
anything in this Section 9.1 to the contrary, if a Participant or Beneficiary who has designated another Beneficiary under Section 9.2 is subsequently divorced, all beneficiary designations executed by such Participant or Beneficiary prior
to the effective date of the dissolution of marriage are automatically revoked under the terms of this Section 9.1. In such event, the Participant or Beneficiary may thereafter designate one or more Beneficiaries in accordance with the terms of
this Section 9.1. If none is made following the effective date of the dissolution of the marriage, the individual’s benefit shall be distributed upon his death pursuant to the terms of Section 9.1(B). 
  

 18 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 9.2. Benefits Not Assignable. The rights of each Participant or Beneficiary are not subject in
any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, attachment, or garnishment by creditors of the Participant or any Beneficiary. Neither the Participant nor Beneficiary may assign, transfer or pledge the
benefits under this Plan. Any attempt to assign, transfer or pledge a Participant’s benefits under this Plan is void. 
  
 9.3. Benefit. This Plan constitutes an agreement between the Company and each of the Participants which is binding upon and inures to the Company,
its successors and assigns and upon the Participant and his heirs and legal representatives. 
  
 9.4. Headings. The headings of the Articles and Sections of this Plan are included for purposes of convenience only, and shall not affect the construction or interpretation of any of its provisions. 

 
 9.5. Notices. All notices, requests, demands, and other
communications under this Plan shall be in writing and shall be deemed to have been duly given on the date of service if served personally on the party to whom notice is to be given, or (except as otherwise specified in this Plan) on the third day
after mailing if mailed to the party to whom notice is to be given, by first class mail, registered or certified (return receipt requested), postage prepaid, and properly addressed to the last known address to each party as set forth on the first
page thereof. Any party may change its address for purposes of this Section by giving the other parties written notice of the new address in the manner set forth above. 
  
 9.6. No Loans. The Plan does not permit any loans to be made to any Participant or Beneficiary. 
  
 9.7. Gender Usage. The use of the masculine gender includes the
feminine gender for all purposes of this Plan. 
  
 9.8.
Expenses. Costs of administration of the Plan shall be paid by the Company. 
  
 9.9. Claims Review Procedure. 
  
 (A) A claim for benefits must be filed, in writing, with the Company’s Human Resources Department. A written disposition of a claim shall be furnished to the claimant within ninety (90) days (forty-five (45) days in the case
of a Disability claim) after the claim for benefits is filed, subject to an extension of up to ninety (90) days (for Disability claims, two, thirty (30) day extensions). In the event that an extension is required, the Human Resources
Department will notify the Participant in writing (including a statement of the reasons for the extension) before the expiration of the then-pending response period. In the event a claim for benefits is denied, the Human Resources Department shall
provide the claimant with the reasons for denial (including, without limitation, a reference to any section of the Plan that may be implicated and/or any additional information needed to perfect the claim and the reason it is required) and
notification of his rights of appeal under this Plan (and such other applicable information of documentation germane to the decision as may be required by law). 
  

 19 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 (B) A claimant whose claim for benefits is denied in whole or in part may file for a review of such
denial with the Plan Committee, no later than sixty (60) days (one hundred eighty (180) days for Disability cases) after he has received written notification of the denial. 
  
 (C) The Plan Committee shall give a request for review a full and fair review, without deference to the initial review of
the Human Resources Department. No person who participated in the initial review of the claim (or any subordinate of such person) may participate in the decision on the appeal of the claim. If the claim for benefits is denied upon completion of a
full and fair review, notice of such denial shall be provided to the claimant within sixty (60) days (forty-five (45) days in the case of a Disability claim) after the Plan Committee’s receipt of such written claim for review. This
initial period may be extended by a period of equal length in the event of special circumstances. Such special circumstances shall be communicated to the claimant in writing within the initial period. If there is an extension, a decision shall be
made as soon as possible, but not later than 120 days (90 days for Disability claims) after receipt by the Plan Committee of such claim for review. In the case of an appealed Disability claim, the determination of which is based in whole or in part
on medical judgment, the Plan Committee shall consult with a health care professional with appropriate training in the applicable field of medicine and shall identify those consulted, provided that the selected health care professional may not be
any individual who was consulted in connection with the initial adverse decision (or any subordinate of such individual). 
  
 (D) If benefits are provided or administered by an insurance company, insurance service, or other similar organization which is subject to regulation
under the insurance laws, the claims procedure relating to these benefits may provide for review. If so, that company, service, or organization will be the entity to which claims are addressed. 
  
 9.10. No Other Agreements or Understandings. This Plan represents the
sole agreement between the Company and Participants concerning its subject matter and it supersedes all prior agreements, arrangements, understandings, warranties, representations, and statements between the parties concerning its subject matter.

  
 10. Administration. 
  
 10.1 Responsible Parties. The persons responsible for the Plan and the
duties and responsibilities allocated to each are as follows: 
  
 (A) Board. 
  

	 	(i)	To amend the Plan; 

  

	 	(ii)	To appoint and remove member of the Committee; 

  

	 	(iii)	To designate Participants; and 

  

	 	(iv)	To terminate the Plan. 

  

 20 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 (B) Committee. 
  

	 	(i)	To interpret the provisions of the Plan and to determine the rights of the Participants under the Plan, except to the extent otherwise provided in Section 9.9 relating to
claims review procedures; 

  

	 	(ii)	To administer the Plan in accordance with its terms, except to the extent powers to administer the Plan are specifically delegated to another person or persons as provided in the
Plan; 

  

	 	(iii)	To account for the Retirement Benefits of Participants; and 

  

	 	(iv)	To direct the Company in the payment of benefits. 

  

	 	(v)	To file such reports as may be required with the United States Department of Labor, the Internal Revenue Service and any other government agency to which reports may be required to
be submitted from time to time; and 

  

	 	(vi)	To administer the claims procedure to the extent provided in Section 9.9. 

  

10.2 Authority to Interpret Plan. Subject to the claims procedure set forth in Section 9.9, the Committee shall have the duty and
discretionary authority to interpret and construe the provisions of the Plan and to decide any dispute which may arise regarding the rights of Participants hereunder, including the discretionary authority to construe the Plan and to make
determinations as to eligibility and benefits under the Plan. Determinations by the Committee shall apply uniformly to all persons similarly situated and shall be binding and conclusive upon all interested persons. 
  
 10.3 Third Party Advisors. The Committee may engage an attorney,
accountant, actuary or any other technical advisor on matters regarding the operation of the Plan and to perform such other duties as shall be required in connection therewith, and may employ such clerical and related personnel as the Committee
shall deem requisite or desirable in carrying out the provisions of the Plan. The Committee shall from time to time, but no less frequently than annually, review the financial condition of the Plan and determine the financial and liquidity needs of
the Plan. The Committee shall communicate such needs to the Company so that its policies may be appropriately coordinated to meet such needs. 
  
 10.4 Compensation of Members. No fee or compensation shall be paid to any member of the Committee for his service as such. 
  
 10.5 Indemnification. No member of the Committee shall be personally
liable by reason of any contract or other instrument executed by him or on his behalf as a member of the Committee nor for any mistake of judgment made in good faith, and the Company shall indemnify and hold harmless, directly from its own assets
(including the proceeds of any insurance policy the premiums for which are paid from the Company’s own assets), each member of the Committee and each other officer, employee, or director of the Company to whom any duty or power relating to the
administration or interpretation of the Plan may be delegated or allocated, against any unreimbursed or uninsured cost or expense (including any sum paid in settlement of a claim with the prior written approval of the Board) arising out of any act
or omission to act in connection with the Plan unless arising out of such person’s own fraud, bad faith, willful misconduct or gross negligence. 
  

 21 

 PEDIATRIC SERVICES OF AMERICA, INC. 
 NON-QUALIFIED DEFERRED COMPENSATION PLAN 
 (As Amended and Restated Effective January 1,
2006) 
  

 10.6. Liability. To the extent permitted by law, neither the Plan Committee nor any other
person shall incur any liability for any acts or for any failure to act except for liability arising out of such person’s own willful misconduct or willful breach of the Plan. 
  
 IN WITNESS WHEREOF, the Company has adopted this amended and restated Plan effective on January 1, 2006. 
  

			
	PEDIATRIC SERVICES OF AMERICA, INC.
		
	By:	 	 /s/ Daniel J. Kohl

	 	 	 Daniel J. Kohl

	 	 	 President and Chief Executive Officer

  
 Approved by
the Compensation Committee of the Board of Directors 
 on May 3, 2006 
  

 22

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