Document:

Prepared by MerrillDirect

Exhibit 10.2

FIRST AMENDMENT TO THE

UNITED SURGICAL PARTNERS INTERNATIONAL, INC.

2001 EQUITY-BASED COMPENSATION PLAN

             THIS FIRST AMENDMENT is effective
June 7, 2001 and is made by United Surgical Partners International, Inc., a
Delaware corporation (the “Corporation”).

WITNESSETH:

             WHEREAS,
the Corporation sponsors the United Surgical Partners International, Inc. 2001
Equity-Based Compensation Plan (the “Equity Compensation Plan”) for the benefit
of its eligible employees and their beneficiaries;

             WHEREAS,
pursuant to Section 10(c) of the Equity Compensation Plan the Board of
Directors of the Corporation (the “Board”) may amend or alter the Equity
Compensation Plan without the consent of stockholders or participants, except
that any such amendment or alteration, including any increase in any share
limitation, shall be subject to the approval of the Corporation’s stockholders
not later than the annual meeting next following such Board action if such
stockholder approval is required by any federal or state law or regulation or
the rules of the National Association of Securities Dealers, Inc. Automated
Quotations, Inc., and the Board may otherwise, in its discretion, determine to
submit other such changes to the Equity Compensation Plan to stockholders for
approval; provided that, without the consent of an affected participant, no
such Board action may materially and adversely affect the rights of such
participant under any previously granted and outstanding award;

             WHEREAS,
pursuant to Section 2(n) of the Equity Compensation Plan, the Equity
Compensation Plan will be effective as of the date of the consummation of a
firm commitment underwritten public offering of the common stock of the
Corporation for cash;

             WHEREAS,
the Board believes it is in the best interests of the Corporation and the
participants under the Equity Compensation Plan to specify with particularity
the effective date of the Equity Compensation Plan;

             WHEREAS,
pursuant to Section 2(r) of the Equity Compensation Plan, “Fair Market Value”
of a share of common stock issued on a particular day is defined; and

             WHEREAS,
the Board believes it is in the best interest of the Corporation and
participants under the Equity Compensation Plan to amend the definition of Fair
Market Value under the Equity Compensation Plan.

             NOW, THEREFORE, the Equity Compensation Plan is hereby
amended as follows:

	 	1.	Section 2(n) is hereby amended in its
  entirety, effective June 7, 2001, to read as follows:
	 	 	 
	 	 	             (n)        “Effective Date” means the date of a
  firm commitment underwritten public offering of the Stock for cash, which
  date is June 7, 2001.	 
	 	 	 	 
	 	2.	Section 2(r) is hereby amended in its
  entirety, effective June 7, 2001, to read as follows:
	 	 	 
	 	 	             (r)         “Fair Market Value” of a share of
  Stock means, for a particular day, the opening sales price on such business
  day as reported by the National Association of Securities Dealers, Inc.
  Automated Quotations, Inc. National Market System or, if no such sale takes
  place on that day, the opening sales price so reported on the last business
  day before the date in question.  If
  the Board determines in good faith that such price is not indicative of the
  fair value of the Stock, then the value determined in good faith by the
  Committee shall be the Fair Market Value, which determination shall be
  conclusive for all purposes.	 

 

             NOW,
THEREFORE, be it further provided that, except as provided above,
the Equity Compensation Plan shall continue to read in its current state.

             IN
WITNESS WHEREOF, this First Amendment has been executed by a duly authorized
officer of the Corporation as of the effective date and effective as set forth
herein.

	 	UNITED SURGICAL PARTNERS
  INTERNATIONAL, INC.,
a Delaware
  corporation
	 	 	 
	 	By:	/s/
  John J. Wellik

	 	Name:	John
  J. Wellik

	 	Title:	Vice
  PresidentPrepared by MerrillDirect

 

Exhibit 10.3

FIRST AMENDMENT TO THE

UNITED SURGICAL PARTNERS INTERNATIONAL, INC.

EMPLOYEE STOCK PURCHASE PLAN

                THIS FIRST AMENDMENT is
effective June 7, 2001 and is made by United Surgical Partners International,
Inc., a Delaware corporation (the “Corporation”).

WITNESSETH:

                WHEREAS, the Corporation sponsors the United Surgical Partners
International, Inc. Employee Stock Purchase Plan (the “ESPP”) for the benefit
of its eligible employees;

                WHEREAS, pursuant to paragraph 15 of the Plan the Board of
Directors of the Corporation (the “Board”) in its discretion shall have the
right to alter or amend the ESPP or any part thereof from time to time without
the approval of the stockholders of the Corporation, except that the Board may
not make any alteration or amendment which would increase the aggregate number
of shares which may be purchased pursuant to the provisions of the ESPP (other
than as a result of the anti-dilution provisions of the ESPP), change the class
of individuals eligible to receive options under the ESPP, or cause options to
be delivered under the ESPP to fail to meet the requirements  for employee stock purchase plans as defined
in section 423 of the Internal Revenue Code of 1986, as amended, without approval
of the stockholders of the Corporation;

                WHEREAS, pursuant to paragraph 6(a) of the ESPP, the initial
option period under the ESPP will begin on the effective date thereunder and
end on the next following June 30 or December 31;

                WHEREAS, the Board believes it is in the best interests of the
Corporation and the participants under the ESPP for the initial option period
under the ESPP to begin on June 8, 2001 and end on December 31, 2001;

                WHEREAS, pursuant to paragraph 7(b) of the ESPP, the “Fair
Market Value” of a share of common stock issued under the ESPP is defined;

                WHEREAS, the Board believes it is in the best interest of the
Corporation and participants under the ESPP to amend the definition of Fair
Market Value under the ESPP;

                WHEREAS, pursuant to paragraph 14 of the ESPP, the ESPP will
be effective as of the date of the consummation of a firm commitment
underwritten public offering of the common stock of the Corporation for cash,
provided that the ESPP is approved by the stockholders of the Corporation
within twelve months of the date of adoption by the Board; and

                WHEREAS, the Board believes it is in the best interests of the
Corporation and the participants under the ESPP to specify with particularity
the effective date of the ESPP.

                NOW, THEREFORE, the ESPP is hereby amended as follows;

                1.             Paragraph 6(a) is hereby amended in its entirety,
effective June 7, 2001, to read as follows:

	                6.             Grant Of Options.  (a)  General Statement; “Date of Grant;”
  “Option;” “Date of Exercise.” 
  Upon the effective date of the Plan, as provided in paragraph 14 and
  continuing while the Plan remains in effect, the Company shall offer options
  under the Plan to all Eligible Employees to purchase shares of Stock.  Except as otherwise determined by the
  Committee and except as provided below, these options shall be granted on the
  effective date of the Plan, the next subsequent January 1, and each six month
  anniversary of such date (each of which dates is herein referred to as the
  “Date of Grant”).  The term of each
  option, except as provided below, shall begin on a Date of Grant and shall be
  for a period ending on the next subsequent June 30 or December 31 (each such
  six month period, or longer period in the case of the first period, shall be
  referred to as an “Option Period.”) 
  The first day of the Option Period shall be a Date of Grant and the
  last day of such Option Period shall be a “Date of Exercise.”  Notwithstanding the foregoing, the first
  Date of Grant shall be June 8, 2001 and the first Date of Exercise shall be December
  31, 2001.  The number of shares subject
  to each Option Period shall be the quotient of the sum of the payroll
  deductions withheld on behalf of each participant in accordance with
  subparagraph 6(b) for the Option Period and any amount carried forward from
  the preceding Option Period pursuant to subparagraph 7(a), divided by the
  “Option Price” (as defined in subparagraph 7(b)) of the Stock, excluding all
  fractions; provided, however, that the maximum number of shares that may be
  subject to any option may not exceed 5,000 shares (subject to adjustment as
  provided in paragraph 12).

                2.             Paragraph 7(b) is hereby amended in its entirety,
effective June 7, 2001, to read as follows:

	                (b)           “Option Price”
  defined.  The Option Price
  per share of Stock to be paid by each Optionee on each exercise of his option
  shall be an amount equal to the lesser of the 85% of the Fair Market Value of
  the Stock on the Date of Exercise or on the Date of Grant.  For all purposes under the Plan the “Fair
  Market Value” of a share of Stock means, for a particular day, the opening
  sales price on such business day as reported by the National Association of
  Securities Dealers, Inc. Automated Quotations, Inc. (“NASDAQ”) National
  Market System or, if no such sale takes place on that day, the opening sales
  price so reported on the last business day before the date in question.  If the Board determines in good faith that
  such price is not indicative of the fair value of the Stock, then the value
  determined in good faith by the Committee shall be the Fair Market Value,
  which determination shall be conclusive for all purposes.

                3.             Paragraph
14 is hereby amended in its entirety, effective June 7, 2001, to read as
follows:

	                14.           Term of the Plan.  The effective date of the Plan shall be the
  date of a firm commitment underwritten public offering of the stock for cash,
  which date is June 7, 2001; provided that the Plan is approved by the
  stockholders of the Company within twelve months of the date of adoption by
  the Board.  Notwithstanding any provision
  in the Plan, no option granted under the Plan shall be exercisable prior to
  such stockholder approval, and, if the stockholders of the Company do not
  approve the Plan within twelve months after its adoption by the Board, then
  the Plan shall automatically terminate.

                NOW, THEREFORE, be it further provided that, except as
provided above, the ESPP shall continue to read in its current state.

                IN WITNESS WHEREOF, this First Amendment
has been executed by a duly authorized officer of the Corporation as of the
effective date and effective as set forth herein.

 

	 	UNITED SURGICAL PARTNERS
  INTERNATIONAL, INC., 
a Delaware
  corporation

	 	By:	/s/
  John J. Wellik
	 	 	

	 	

  Name:	

  John J. Wellik
	 	 	

	 	Title:	Vice
  President

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