Document:

fouryearendorsement.htm

EX-4cc

 

APPROVED

 

 

 

[2900 Westchester Avenue

Purchase, New York 10577]

	
  

	
4 YEAR WITHDRAWAL CHARGE SCHEDULE ENDORSEMENT

This endorsement is made a part of the Contract to which it is attached and is effective on the Issue Date. To the extent any provisions contained in this endorsement are contrary to or inconsistent with those of the Contract to which it is attached, the provisions of this endorsement will control. The benefits described in this endorsement will cease upon termination of the Contract. This 4 Year Withdrawal Charge Schedule Benefit may only be elected prior to the Issue Date.

PLEASE NOTE THAT, DUE TO YOUR SELECTION OF THE 4 YEAR WITHDRAWAL CHARGE SCHEDULE ENDORSEMENT, YOU CANNOT MAKE PREMIUM PAYMENTS INTO YOUR CONTRACT AFTER THE FIRST CONTRACT YEAR.

The Contract is amended as follows:

The CONTRACT DATA PAGE is amended by the addition of the following:

	
1.  

	
The following language is added:

"4 Year Withdrawal Charge                                                           On an annual basis, this charge equals [0.40%] of the

Schedule Charge:                                                           daily net asset value of the Investment Divisions and is

                                                           assessed in the first four (4) Contract Years."

	
2.  

	
The Withdrawal Charge schedule is deleted and replaced with the following schedule:

	
"Withdrawal Charge:

	
Completed Years Since Receipt of Premium

	
Withdrawal Charge

Percentage

	  	  
	
0

	
6.5%

	
1

	
5.0%

	
2

	
3.0%

	
3

	
2.0%

	
4+

	
0.0%"

 

 

 

Signed for the Jackson National Life Insurance Company of New York

 

President and Chief Executive OfficerExhibit 10.1

AMENDMENT TO AGREEMENT

          This
Amendment dated as of the 15th day of March, 2011 (the “Amendment”) to the Option Agreement by and
between Somerset Hills Bancorp (the “Company”)
and Stewart E. McClure, Jr. (the “Optionee”)
dated as of March 19, 2001 (the “Agreement”).

WITNESSETH:

          WHEREAS, the Optionee has the right to
purchase up to 25,000 shares of the Company’s common stock pursuant to certain
options granted to the Optionee pursuant to the Agreement, as adjusted for
subsequent stock dividends (the “Options”); 

          WHEREAS, the Options are set to expire on
March 19, 2011; and 

          WHEREAS, the Company and Optionee believe
it is in the best interest of each party to extend the expiration date of the
Options until March 19, 2014; 

          NOW THEREFORE, for good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, and
intending to be legally bound hereby, the parties hereto agree as follows: 

          1.
Section 4(b) of the Agreement shall be amended to provide for an extension to
the expiration date for the Options until March 19, 2014. 

          2.
Optionee agrees and acknowledges that in connection with this Amendment, the
Options are being reclassified as non-qualified options, and shall no longer
qualify as incentive stock options pursuant to section 422 of the Internal
Revenue Code. The Company makes no representations to the Optionee regarding
the tax consequences of such reclassification. 

          3.
The Agreement, as amended by this Amendment, is in all respects ratified and
shall remain in full force and effect. The Agreement and this Amendment shall
be read, taken and construed as one and the same instrument. 

          4.
This Amendment may be executed in two counterparts, each of which shall be an
original, but both of which together shall constitute but one and the same
instrument. 

          IN
WITNESS WHEREOF, the parties hereto have caused this
Amendment to be duly executed by persons thereunto duly authorized as of the
date and year first written above.

	
  

 	
  

 	
  

 
	
  

 	
 SOMERSET
 HILLS BANCORP

 
	
  

 	
  

 	
  

 
	
  

 	
  

 	
 /s/ William S. Burns

 
	
  

 	
  

 	
  

 
	
  

 	
 By:

 	

 

 
	
  

 	
  

 	
 Name: William
 S. Burns

 
	
  

 	
  

 	
 Title: Chief
 Financial Officer

 
	
  

 	
  

 	
  

 
	
  

 	
 OPTIONEE

 
	
  

 	
  

 	
  

 
	
  

 	
 /s/ Stewart E. McClure, Jr.

 
	
  

 	
  

 	
  

 
	
  

 	

 

 
	
  

 	
 Stewart E.
 McClure, Jr.

 
	
  

 	
 President
 and CEO

 

 2exv10w1

Exhibit 10.1

 

STOCKHOLDERS’ AGREEMENT

OF

HCA HOLDINGS, INC.

Dated as of March 9, 2011

 

 

 

Table of Contents

	 	 	 	 	 
	 	 	Page	 
	ARTICLE I DEFINITIONS
	 	 	2	 
	SECTION 1.1. Definitions
	 	 	2	 
	SECTION 1.2. Construction
	 	 	4	 
	ARTICLE II CORPORATE GOVERNANCE
	 	 	5	 
	SECTION 2.1. Board of Directors
	 	 	5	 
	SECTION 2.2. Committees
	 	 	6	 
	SECTION 2.3. Consent Rights
	 	 	6	 
	SECTION 2.4. VCOC Rights
	 	 	7	 
	ARTICLE III GENERAL PROVISIONS
	 	 	7	 
	SECTION 3.1. Notices
	 	 	7	 
	SECTION 3.2. Amendment; Waiver
	 	 	10	 
	SECTION 3.3. Further Assurances
	 	 	10	 
	SECTION 3.4. Assignment
	 	 	10	 
	SECTION 3.5. Third Parties
	 	 	10	 
	SECTION 3.6. Governing Law
	 	 	10	 
	SECTION 3.7. Jurisdiction
	 	 	10	 
	SECTION 3.8. Specific Performance
	 	 	10	 
	SECTION 3.9. Entire Agreement
	 	 	11	 
	SECTION 3.10. Severability
	 	 	11	 
	SECTION 3.11. No Waiver
	 	 	11	 
	SECTION 3.12. Table of Contents, Headings and Captions
	 	 	11	 
	SECTION 3.13. Grant of Consent
	 	 	11	 
	SECTION 3.14. Counterparts
	 	 	12	 
	SECTION 3.15. Effectiveness
	 	 	12	 
	SECTION 3.16. No Recourse
	 	 	12	 

i

 

STOCKHOLDERS’ AGREEMENT

OF

HCA HOLDINGS, INC.

          This STOCKHOLDERS’ AGREEMENT (as the same may be amended, modified or supplemented from time
to time, the “Agreement”), dated as of March 9, 2011, is entered into by and among HCA
Holdings, Inc. (the “Company”), a Delaware corporation, Hercules Holding II, LLC, a
Delaware limited liability company (“Parent”) and the other signatories hereto (each, an
“Investor”).

R E C I T A L S:

          WHEREAS, as of the date of this Agreement, the Investor Groups (as defined below), indirectly
through Parent, own greater than a majority of the outstanding shares of common stock, par value
$0.01 per share (the “Common Stock”), of the Company;

          WHEREAS, in connection with such ownership the Investor Groups and other members have entered
into the Amended and Restated Limited Liability Company Agreement of Parent, dated as of November
17, 2006, as amended, modified or supplemented from time to time (the “LLC Agreement”),
setting forth certain rights of the Investor Groups related to corporate governance and other
matters of Parent and the Company;

          WHEREAS, the Company is currently contemplating an underwritten initial public offering (the
“IPO”) of shares of its Common Stock; and

          WHEREAS, with respect to the Company on and following the date of completion of the IPO (the
“Closing Date”), the parties hereto now wish to provide for certain corporate governance
matters.

          NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties
to this Agreement hereby agree as follows:

ARTICLE I

DEFINITIONS

          SECTION 1.1. Definitions. Capitalized terms used herein shall have the following
meanings:

     “Affiliate” shall mean, with respect to any Person, an “affiliate” as defined in Rule
405 of the regulations promulgated under the Securities Act.

2

 

     “Agreement” shall have the meaning set forth in the Preamble.

     “Bain Group” shall mean Bain Capital Integral Investors 2006, LLC, BCIP TCV, LLC and
Bain Capital Hercules Investors, LLC and their Permitted Transferees, in each case that from time
to time directly or indirectly hold any interest in the Company.

     “BAML Group” shall mean ML Global Private Equity Fund, L.P., Merrill Lynch Ventures
L.P. 2001, ML HCA Co-Invest, L.P. and their respective Permitted Transferees, in each case, that
from time to time hold any interest in the Company.

     “beneficially own” shall have the meaning ascribed to such term in Rule 13d-3 under
the Exchange Act.

     “Board” shall mean the board of directors of the Company.

     “Closing Date” shall have the meaning set forth in the Recitals.

     “Common Stock” shall have the meaning set forth in the Recitals.

     “Company” shall have the meaning set forth in the Preamble.

     “Controlled Company” means a company that is a “controlled company” within the meaning
of such term under the New York Stock Exchange rules or the rules of such other securities exchange
on which shares of Common Stock are then listed.

     “Director” shall have the meaning set forth in Section 2.1(a).

     “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended from time to
time, and the rules and regulations promulgated pursuant thereto.

     “Frist Group” shall mean any of the individuals or entities identified in Exhibit A to
the LLC Agreement, the Frist Foundation, the Frist Center for the Visual Arts, the Ensworth School
and their respective Permitted Transferees that from time to time directly or indirectly hold any
interest in the Company.

     “Group” shall mean “group”, as such term is used for purposes of Section 13(d) or
14(d) of the Exchange Act.

     “Independent Director” shall mean an individual that is independent within the meaning
of “independent director” under the New York Stock Exchange rules or the rules of such other
securities exchange on which shares of Common Stock are then listed.

     “Investor” shall have the meaning set forth in the Preamble.

     “Investor Group” shall mean any Sponsor Group or the Frist Group.

     “IPO” shall have the meaning set forth in the Recitals.

3

 

     “KKR Group” shall mean KKR Millennium Fund L.P., KKR PEI Investments, L.P., KKR 2006
Fund L.P., KKR Partners III, L.P., OPERF Co-Investment LLC, 8 North America Investor L.P. and their
respective Permitted Transferees, in each case, that from time to time directly or indirectly hold
any interest in the Company.

     “LLC Agreement” shall have the meaning set forth in the Recitals.

     “Parent” shall have the meaning set forth in the Preamble.

     “pecuniary interest” shall have the meaning ascribed to such term in Rule 16a-1 under
the Exchange Act.

     “Permitted Transferee” shall have the meaning set forth in the LLC Agreement.

     “Person” shall mean any individual, corporation, partnership, trust, joint stock
company, business trust, unincorporated association, joint venture or other entity of any nature
whatsoever.

     “Requisite Consent” shall mean the consent of the Investor Groups having a pecuniary
interest over a majority of the shares of Common Stock over which the Investor Groups then have a
pecuniary interest, including at all times for so long as there are at least two Sponsor Groups
that each have a pecuniary interest in at least 20% of the shares of Common Stock over which such
Sponsor Group has a pecuniary interest as of the date of this Agreement, the consent of at least
two of the Sponsor Groups and at any time as there is only one Sponsor Group that has a pecuniary
interest in at least 20% of the shares of Common Stock over which such Sponsor Group has a
pecuniary interest as of the date of this Agreement, the consent of such Sponsor Group.

     “Securities Act” shall mean the Securities Act of 1933, as amended from time to time,
and the rules and regulations promulgated pursuant thereto.

     “Sponsor Group” shall mean, as applicable, (i) the Bain Group, (ii) the KKR Group and
(iii) the BAML Group.

          SECTION 1.2. Construction. Whenever the context requires, the gender of all words
used in this Agreement includes the masculine, feminine and neuter forms and the singular form of
words shall include the plural and vice versa. All references to Articles and Sections refer to
articles and sections of this Agreement. Whenever the words “include,” “includes” or “including”
are used in this Agreement, they shall be deemed to be followed by the words “without limitation”.
This Agreement shall be construed without regard to any presumption or rule requiring construction
or interpretation against the party drafting or causing any instrument to be drafted. Any
percentage set forth herein shall be deemed to be automatically adjusted without any action on the
part of any party hereto to take into account any stock split, stock dividend or similar
transaction occurring after the date of this Agreement so that the rights provided to the Investors
shall continue to apply to the same extent such rights would have applied absent such stock split,
stock dividend or similar transaction.

4

 

ARTICLE II

CORPORATE GOVERNANCE

          SECTION 2.1. Board of Directors.

          (a) Effective as of the Closing Date, the Board shall be comprised of fifteen members (each, a
“Director”), of whom (i) three (3) shall be designees of the Bain Group, (ii) three (3)
shall be designees of the KKR Group, (iii) three (3) shall be designees of the BAML Group, (iv)
two (2) shall be designees of the Frist Group, (v) one (1) shall be the Chief Executive Officer of
the Company, (vi) one (1) shall be the Chief Financial Officer of the Company and (vii) two (2)
shall be Independent Directors; provided that within one year of the Closing Date, the Board shall
be expanded to add an additional Independent Director and each Investor Group shall take all action
reasonably necessary to increase the size of board to add such additional Independent Director.

          (b) Following the Closing Date and until such time as the Company ceases to be a Controlled
Company, (i) each Sponsor Group shall have the right (but not the obligation) pursuant to this
Agreement to nominate to the Board, three (3) Directors and (ii) the Frist Group shall have the
right (but not the obligation) pursuant to this Agreement to nominate to the Board two (2)
Directors. In the event that any Investor Group has nominated less than the total number of
designees that such Investor Group shall be entitled to nominate pursuant to this Section 2.1(b) or
Section 2.1(c), then such Investor Group shall have the right, at any time, to nominate such
additional designee(s) to which it is entitled, in which case, the Directors shall take all
necessary corporate action to (x) increase the size of the Board as required to enable such
Investor Group to so nominate such additional designees and (y) designate such additional designees
nominated by such Investor Group to fill such newly created vacancies.

          (c) Following such time that the Company ceases to be a Controlled Company, (i) each Sponsor
Group shall have the right (but not the obligation) pursuant to this Agreement to nominate to the
Board, three (3) Directors; provided that at such time as a Sponsor Group ceases to have a
pecuniary interest in at least 10% of the outstanding shares of Common Stock, such Sponsor Group
shall only have the right (but not the obligation) pursuant to this Agreement to nominate to the
Board one (1) Director; provided further that a Sponsor Group shall cease to have the right to
nominate any Directors to the Board pursuant to this Agreement at such time as such Sponsor Group
ceases to have a pecuniary interest in at least 3% of the outstanding shares of Common Stock and
(ii) the Frist Group shall have the right (but not the obligation) pursuant to this Agreement to
nominate to the Board two (2) Directors; provided that the Frist Group shall cease to have the
right to nominate any Directors to the Board pursuant to this Agreement at such time as the Frist
Group ceases to have a pecuniary interest in at least 3% of the outstanding shares of Common Stock.
For so long as any Investor Group has the right to nominate a Director to the Board pursuant to
the preceding sentence, the Board shall not have a number of Independent Directors that is greater
than the minimum number necessary to comply with applicable law, rule, regulation or listing
standards (calculated by assuming that each Investor Group that then has a right to nominate
Director(s) to the Board has exercised such right) unless the Investor Groups then entitled to
nominate one or more Director(s) (acting based

5

 

on the Requisite Consent of such Investor Groups) have consented to a greater number of
Independent Directors.

          (d) In the event that a party hereto ceases to have the right to designate a person to serve
as a Director pursuant to this Section 2.1, such party’s designee to the Board shall resign
immediately or such party shall take all action necessary to remove such designee.

          (e) Any Director designated by an Investor Group pursuant to Section 2.1 may be removed (with
or without cause) from time to time and at any time by the applicable Investor Group upon notice to
the Company, and may otherwise only be removed for cause. Any replacement nominee may only be
nominated by the Investor Group who nominated the Director so removed.

          (f) In the event that a vacancy is created at any time by the death, disability, retirement or
resignation of any Director designated by an Investor Group pursuant to this Section 2.1, the
remaining Directors and the Company shall cause the vacancy created thereby to be filled by a new
designee of the Investor Group who designated such Director as soon as possible, and the Company
hereby agrees to take, at any time and from time to time, all actions necessary to accomplish the
same.

          (g) The Company agrees to include in the slate of nominees recommended by the Board the
persons designated pursuant to this Section 2.1 and to use its best efforts to cause the election
of each such designee to the Board, including nominating such individuals to be elected as
Directors as provided herein.

          SECTION 2.2. Committees.

          (a) Until such time as the Company ceases to be a Controlled Company, (i) each Investor Group
shall have the right (but not the obligation) to designate one member of each committee of the
Board except to the extent that a designee of the Investor Group is not permitted to serve on a
committee under applicable law, rule, regulation or listing standards and (ii) any additional
members of any committee shall be determined by the Board.

          (b) Following such time as the Company ceases to be a Controlled Company, the composition of
each committee of the Board shall be determined by the Board, subject to compliance with applicable
law, rule, regulation or listing standards; provided that if the Board shall delegate
substantially all of its responsibility or authority to any committee then each Investor Group
shall have the right, but not the obligation, to designate one member to such committee of the
Board for so long as such Investor Group as the right to nominate a Director pursuant to Section
2.1.

          SECTION 2.3. Consent Rights. For so long as Parent and/or the Investor Groups
beneficially own 35% or more of the then outstanding shares of Common Stock, the following actions
shall require the Requisite Consent, in addition to the Board’s approval (or the approval of the
requisite governing body of any subsidiary of the Company):

6

 

          (a) the Company entering into any merger, consolidation, recapitalization, liquidation, or
sale of the Company or all or substantially all of the assets of the Company or consummation of a
similar transaction involving the Company (other than a merger, consolidation or similar
transaction between or among the Company and one or more direct or indirect wholly-owned
subsidiaries of the Company which transaction would not adversely impact the rights of any
Investor) or entering into any agreement providing therefor;

          (b) voluntarily initiating any liquidation, dissolution or winding up of the Company or
permitting the commencement of a proceeding for bankruptcy, insolvency, receivership or similar
action with respect to the Company or any of its subsidiaries; or

          (c) the Company or its subsidiaries commencing or entering into, or agreeing or otherwise
committing to enter into, any business or operations other than those businesses and operations of
the same or similar nature to those which are being conducted by the Company or its subsidiaries as
of the date of this Agreement.

          SECTION 2.4. VCOC Rights. The Company shall take any actions reasonably requested
by Parent in order for Parent to comply with its obligations under Section 7.7 (VCOC Members;
Information Rights) and Section 9.9 (VCOC Distributions) of the LLC Agreement.

ARTICLE III

GENERAL PROVISIONS

          SECTION 3.1. Notices All notices, requests or consents provided for or required
to be given hereunder shall be in writing and shall be deemed to be duly given if personally
delivered, faxed and confirmed, or mailed by certified mail, return receipt requested, or
nationally recognized overnight delivery service with proof of receipt maintained, at the following
addresses (or any other address that any such party may designate by written notice to the other
parties):

	 	 	 	 	 

	 

	 	(i)
	 	if to the Company:
	 
	 	 	 	 
	 

	 	 	 	HCA Holdings, Inc.
	 
	 	 	 	 
	 

	 	 	 	One Park Plaza
	 

	 	 	 	Nashville, TN 37203
	 

	 	 	 	Attention: John M. Franck II
	 

	 	 	 	Fax: (615) 344-1600

7

 

	 	 	 	 	 

	 

	 	 	 	with a copy (which shall not constitute notice) to:
	 
	 	 	 	 
	 

	 	 	 	Simpson Thacher & Bartlett LLP
	 

	 	 	 	425 Lexington Avenue
	 

	 	 	 	New York, NY 10017
	 

	 	 	 	Attention: Joseph Kaufman
	 

	 	 	 	Fax: (212) 455-2502
	 
	 	 	 	 
	 

	 	(ii)
	 	if to Parent:
	 
	 	 	 	 
	 

	 	 	 	c/o
	 
	 	 	 	 
	 

	 	 	 	Bain Capital Integral Investors 2006, LLC
	 

	 	 	 	c/o Bain Capital Partners, LLC
	 

	 	 	 	111 Huntington Avenue
	 

	 	 	 	Boston, MA 02199
	 

	 	 	 	Attention: Chris Gordon
	 

	 	 	 	Fax: (617) 516-2010
	 
	 	 	 	 
	 

	 	 	 	c/o:
	 
	 	 	 	 
	 

	 	 	 	Dr. Thomas F. Frist, Jr.
	 

	 	 	 	3100 West End Ave., Suite 500
	 

	 	 	 	Nashville, TN 37203
	 

	 	 	 	Fax: (615) 385-9101
	 
	 	 	 	 
	 

	 	 	 	c/o:
	 
	 	 	 	 
	 

	 	 	 	KKR Millennium Fund, L.P.
	 

	 	 	 	c/o Kohlberg Kravis Roberts & Co. L.P.
	 

	 	 	 	2800 Sand Hill Road, Suite 200
	 

	 	 	 	Menlo Park, CA 94025
	 

	 	 	 	Attention: James C. Momtazee
	 

	 	 	 	Fax: (650) 233-6584
	 
	 	 	 	 
	 

	 	 	 	c/o:
	 
	 	 	 	 
	 

	 	 	 	ML Global Private Equity Fund, L.P.
	 

	 	 	 	c/o BAML Capital Partners
	 

	 	 	 	Four World Financial Center, Floor 23
	 

	 	 	 	New York, NY 10080
	 

	 	 	 	Attention: Christopher Birosak
	 

	 	 	 	Fax: (212) 449-1119

8

 

	 	 	 	 	 

	 

	 	(iii)
	 	if to the Bain Group:
	 
	 	 	 	 
	 

	 	 	 	c/o:
	 
	 	 	 	 
	 

	 	 	 	Bain Capital Integral Investors 2006, LLC
	 

	 	 	 	c/o Bain Capital Partners, LLC
	 

	 	 	 	111 Huntington Avenue
	 

	 	 	 	Boston, MA 02199
	 

	 	 	 	Attention: Chris Gordon
	 

	 	 	 	Fax: (617) 516-2010
	 
	 	 	 	 
	 

	 	(iv)
	 	if to Frisco Inc.:
	 
	 	 	 	 
	 

	 	 	 	Dr. Thomas F. Frist, Jr.
	 

	 	 	 	3100 West End Ave., Suite 500
	 

	 	 	 	Nashville, TN 37203
	 

	 	 	 	Fax: (615) 385-9101
	 
	 	 	 	 
	 

	 	(v)
	 	if to the KKR Group:
	 
	 	 	 	 
	 

	 	 	 	KKR Millennium Fund, L.P.
	 

	 	 	 	c/o Kohlberg Kravis Roberts & Co. L.P.
	 

	 	 	 	2800 Sand Hill Road, Suite 200
	 

	 	 	 	Menlo Park, CA 94025
	 

	 	 	 	Attention: James C. Momtazee
	 

	 	 	 	Fax: (650) 233-6584
	 
	 	 	 	 
	 

	 	(vi)
	 	if to the BAML Group:
	 
	 	 	 	 
	 

	 	 	 	ML Global Private Equity Fund, L.P.
	 

	 	 	 	c/o BAML Capital Partners
	 

	 	 	 	Four World Financial Center, Floor 23
	 

	 	 	 	New York, NY 10080
	 

	 	 	 	Attention: Christopher Birosak
	 

	 	 	 	Fax: (212) 449-1119

          Any such notice shall, if delivered personally, be deemed received upon delivery; shall, if
delivered by fax, be deemed received on the first business day following confirmation; shall, if
delivered by nationally recognized overnight delivery service, be deemed received the first
business day after being sent; and shall, if delivered by mail, be deemed received upon the earlier
of actual receipt thereof or five (5) business days after the date of deposit in the United States
mail.

          (b) Whenever any notice is required to be given by law or this Agreement, a written waiver
thereof, signed by the Person entitled to notice, whether before or after the time stated therein,
shall be deemed equivalent to the giving of such notice.

9

 

          SECTION 3.2. Amendment; Waiver. This Agreement may be amended, supplemented or
otherwise modified only by a written instrument executed by the Company, Parent and Investors
representing the Requisite Consent; provided however that any amendment of this
Agreement that would subject any Investor to materially adverse differential treatment relative to
the other Investors shall require the agreement of the differentially treated Investor. No waiver
by any party of any of the provisions hereof will be effective unless explicitly set forth in
writing and executed by the party so waiving. The waiver by any party hereto of a breach of any
provision of this Agreement will not operate or be construed as a waiver of any subsequent breach.

          SECTION 3.3. Further Assurances. The parties hereto will sign such further
documents, cause such meetings to be held, resolutions passed, exercise their votes and do and
perform and cause to be done such further acts and things necessary, proper or advisable in order
to give full effect to this Agreement and every provision hereof. The Company shall not directly
or indirectly take any action that is intended to, or would reasonably be expected to result in,
Parent or any Investor being deprived of the rights contemplated by this Agreement.

          SECTION 3.4. Assignment. This Agreement will inure to the benefit of and be binding
on the parties hereto and their respective successors, Permitted Transferees and permitted assigns.
Except in connection with a transfer made to a Permitted Transferee in accordance with the terms
of the LLC Agreement, this Agreement may not be assigned without the express prior written consent
of the other parties hereto, and any attempted assignment, without such consents, will be null and
void.

          SECTION 3.5. Third Parties. This Agreement does not create any rights, claims or
benefits inuring to any person that is not a party hereto nor create or establish any third party
beneficiary hereto. Any rights provided to the Frist Group hereunder may only be exercised by
Frisco Inc. or its successor or permitted assigns.

          SECTION 3.6. Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of Delaware.

          SECTION 3.7. Jurisdiction. In any judicial proceeding involving any dispute,
controversy or claim arising out of or relating to this Agreement, each of the parties
unconditionally accepts the non-exclusive jurisdiction and venue of any United States District
Court located in the State of Delaware, or of the Court of Chancery of the State of Delaware, and
the appellate courts to which orders and judgments thereof may be appealed. In any such judicial
proceeding, the parties agree that in addition to any method for the service of process permitted
or required by such courts, to the fullest extent permitted by law, service of process may be made
by delivery provided pursuant to the directions in Section 3.1. EACH OF THE PARTIES HEREBY WAIVES
TRIAL BY JURY IN ANY JUDICIAL PROCEEDING INVOLVING ANY DISPUTE, CONTROVERSY OR CLAIM ARISING OUT OF
OR RELATING TO THIS AGREEMENT.

          SECTION 3.8. Specific Performance. Each party hereto acknowledges and agrees that
in the event of any breach of this Agreement by any of them, the other parties hereto would be
irreparably harmed and could not be made whole by monetary damages. Each party

10

 

accordingly agrees
to waive the defense in any action for specific performance that a remedy at law would be adequate
and that the parties, in addition to any other remedy to which they may be entitled at law or in
equity, shall be entitled to specific performance of this Agreement without the posting of bond.

          SECTION 3.9. Entire Agreement. This Agreement, together with the LLC Agreement,
sets forth the entire understanding of the parties hereto with respect to the subject matter
hereof. Except for the LLC Agreement, there are no agreements, representations, warranties,
covenants or understandings with respect to the subject matter hereof or thereof other than those
expressly set forth herein and therein. This Agreement, together with the LLC Agreement,
supersedes all other prior agreements and understandings between the parties with respect to such
subject matter.

          SECTION 3.10. Severability. If any provision of this Agreement, or the application
of such provision to any Person or circumstance or in any jurisdiction, shall be held to be invalid
or unenforceable to any extent, (i) the remainder of this Agreement shall not be affected thereby,
and each other provision hereof shall be valid and enforceable to the fullest extent permitted by
law, (ii) as to such Person or circumstance or in such jurisdiction such provision shall be
reformed to be valid and enforceable to the fullest extent permitted by law and (iii) the
application of such provision to other Persons or circumstances or in other jurisdictions shall not
be affected thereby.

          SECTION 3.11. No Waiver. Neither the failure nor delay on the part of any party
hereto to exercise any right, remedy, power or privilege under this Agreement shall operate as a
waiver thereof, nor shall any single or partial exercise of any right, remedy, power or privilege
preclude any other or further exercise of the same or of any other right, remedy, power or
privilege, nor shall any waiver of any right, remedy, power or privilege with respect to any
occurrence be construed as a waiver of such right, remedy, power or privilege with respect to any
other occurrence. No waiver shall be effective unless it is in writing and is signed by the party
asserted to have granted such waiver.

          SECTION 3.12. Table of Contents, Headings and Captions. The table of contents,
headings, subheadings and captions contained in this Agreement are included for convenience of
reference only, and in no way define, limit or describe the scope of this Agreement or the intent
of any provision hereof.

          SECTION 3.13. Grant of Consent. Any vote, consent or approval of a Sponsor Group
hereunder (including for purposes of determining whether the Requisite Consent has been obtained)
shall be deemed to be given with respect to all members of a Sponsor Group if such vote, consent or
approval is given by members of such Sponsor Group having a pecuniary interest in a majority of the
shares of Common Stock over which all members of such Sponsor Group then have a pecuniary interest.
Any vote, consent or approval of the Frist Group
(including for purposes of determining whether the Requisite Consent has been obtained)
hereunder shall be deemed to be given with respect to all members of the Frist Group if, and only
if, such vote, consent or approval is given by Frisco Inc.

11

 

          SECTION 3.14. Counterparts. This Agreement and any amendment hereto may be signed
in any number of separate counterparts, each of which shall be deemed an original, but all of which
taken together shall constitute one Agreement (or amendment, as applicable).

          SECTION 3.15. Effectiveness This Agreement shall become effective upon the Closing
Date.

          SECTION 3.16. No Recourse. This Agreement may only be enforced against, and any
claims or cause of action that may be based upon, arise out of or relate to this Agreement, or the
negotiation, execution or performance of this Agreement may only be made against the entities that
are expressly identified as parties hereto and no past, present or future Affiliate, director,
officer, employee, incorporator, member, manager, partner, stockholder, agent, attorney or
representative of any party hereto shall have any liability for any obligations or liabilities of
the parties to this Agreement or for any claim based on, in respect of, or by reason of, the
transactions contemplated hereby.

[Remainder of Page Intentionally Left Blank]

12

 

     IN WITNESS WHEREOF, the parties hereto have caused this Stockholders’ Agreement to be duly
executed as of the date first above written.

	 	 	 	 	 
	 	HCA HOLDINGS, INC.

 	 
	 	By:  	/s/
R. Milton Johnson	 
	 	 	Name:  	R. Milton Johnson	 
	 	 	Title:  	President and Chief Financial Officer	 
	 
	 	HERCULES HOLDING II, LLC

 	 
	 	By:  	/s/
William Janetschek	 
	 	 	Name:  	William Janetschek	 
	 	 	Title:  	Director	 
	 

 

 

	 	 	 	 	 	 	 

	 	 	KKR 2006 FUND L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	KKR Associates 2006 L.P.,
its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	KKR 2006 GP LLC, its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ William Janetschek	 	 
	 

	 	 	 	 

Name: William Janetschek
		 
	 

	 	 	 	Title: Director	 	 
	 
	 	 	 	 	 	 
	 	 	KKR MILLENNIUM FUND L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	KKR Associates Millennium L.P.,
its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	KKR Millennium GP LLC, its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ William Janetschek	 	 
	 

	 	 	 	 

Name: William Janetschek
	 	 
	 

	 	 	 	Title: Director	 	 
	 
	 	 	 	 	 	 
	 	 	KKR PEI INVESTMENTS, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	KKR PEI Associates, L.P.,
its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	KKR PEI GP Limited, its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ William Janetschek	 	 
	 

	 	 	 	 

Name: William Janetschek
	 	 
	 

	 	 	 	Title: Director	 	 

 

 

	 	 	 	 	 	 	 

	 	 	KKR PARTNERS III, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	KKR III GP LLC,
its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ William Janetschek	 	 
	 

	 	 	 	 

Name: William Janetschek
	 	 
	 

	 	 	 	Title: Director	 	 
	 
	 	 	 	 	 	 
	 	 	OPERF CO-INVESTMENT LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	KKR Associates 2006 L.P.,
its manager	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	KKR 2006 GP LLC, its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ William Janetschek	 	 
	 

	 	 	 	 

Name: William Janetschek
	 	 
	 

	 	 	 	Title: Director	 	 
	 
	 	 	 	 	 	 
	 	 	8 NORTH AMERICA INVESTOR L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	KKR Associates 8 NA L.P.,
its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	KKR 8 NA Limited, its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ William Janetschek	 	 
	 

	 	 	 	 

Name: William Janetschek
	 	 
	 

	 	 	 	Title: Director	 	 

 

 

	 	 	 	 	 	 	 

	 	 	BAIN CAPITAL INTEGRAL INVESTORS 2006, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Bain Capital Investors, LLC,
its administrative member	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Christopher Gordon	 	 
	 

	 	 	 	 

Name: Christopher  Gordon
	 	 
	 

	 	 	 	Title: Managing Director	 	 
	 
	 	 	 	 	 	 
	 	 	BCIP TCV, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Bain Capital Investors, LLC,
its administrative member	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Christopher Gordon	 	 
	 

	 	 	 	 

Name: Christopher  Gordon
	 	 
	 

	 	 	 	Title: Managing Director	 	 
	 
	 	 	 	 	 	 
	 	 	BAIN CAPITAL HERCULES INVESTORS, LLC	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Bain Capital Investors, LLC,
its administrative member	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Christopher Gordon	 	 
	 

	 	 	 	 

Name: Christopher  Gordon
	 	 
	 

	 	 	 	Title: Managing Director	 	 

 

 

	 	 	 	 	 	 	 

	 	 	MERRILL LYNCH VENTURES L.P. 2001	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	Merrill Lynch Ventures, LLC,
its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Christopher Birosak	 	 
	 

	 	 	 	 

Name: Christopher Birosak
	 	 
	 

	 	 	 	Title: Executive Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	ML GLOBAL PRIVATE EQUITY FUND, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	MLGPE LTD,
its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Christopher Birosak	 	 
	 

	 	 	 	 

Name: Christopher Birosak
	 	 
	 

	 	 	 	Title:  Executive Vice President	 	 
	 
	 	 	 	 	 	 
	 	 	ML HCA CO-INVEST, L.P.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	ML HCA CO-INVEST LTD.,
its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Lisa P. McAlister	 	 
	 

	 	 	 	 

Name: Lisa P. McAlister
	 	 
	 

	 	 	 	Title: Director	 	 

 

 

	 	 	 	 	 	 	 

	 	 	FRISCO INC.	 	 
	 
	 	 	 	 	 	 
	 

	 	By:	 	/s/ Thomas F. Frist, Jr.	 	 
	 

	 	 	 	 

Name: Dr. Thomas F. Frist, Jr.
	 	 
	 

	 	 	 	Title: Authorized Person

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}]]