Document:

Form of Executive Officers Indemnification Agreement

 Exhibit 10.34 
 INDEMNIFICATION AGREEMENT 
 This Indemnification Agreement (the “Agreement”) is made and
entered into as of the          day of                         ,
             by and between Standard Pacific Corp., a Delaware corporation (the “Company”), and
                         (“Indemnitee”). 
 RECITALS 
 WHEREAS, Indemnitee has been elected to serve as an officer and/or
director of the Company; and 
 WHEREAS, there is a general awareness that competent and experienced persons are becoming more reluctant to
serve as directors or officers of a corporation unless they are protected by comprehensive insurance or indemnification, especially since stockholder and derivative lawsuits against publicly held corporations, their directors and officers for
line-of-duty decisions and actions have increased in number in recent years for damages in amounts which have no reasonable or logical relationship to the amount of compensation received by the directors or officers from the corporation; and

 WHEREAS, the vagueries of “public policy” and the interpretations of ambiguous statutes, regulations and bylaws are too
uncertain to provide corporate officers and directors with adequate, reliable knowledge of legal risks to which they may be exposed; and 
 WHEREAS, damages sought by class action plaintiffs in some cases amount to tens of millions of dollars and, whether or not the case is meritorious, the cost of defending them is enormous with few individual directors and officers having the
resources to sustain such legal costs, not to mention the risk of a judgment running into millions even in cases where the defendant was neither culpable nor profited personally to the detriment of the corporation; and 
 WHEREAS, it is generally recognized that the issues and controversy in such litigation are usually related to the knowledge, motives and intent of the
director or officer and that he or she is usually the only witness with first-hand knowledge of the essential facts or of exculpating circumstances who is qualified to testify in his or her defense regarding matters of such subjective nature, and
that the long period of time which normally and usually lapses before such suits can be disposed of can extend beyond the normal time for retirement of a director or officer with the result that, after retirement or even in the event of death, his
or her spouse, heirs, executors or administrators, as the case may be, may be faced with limited ability, undue hardship and an intolerable burden in launching and maintaining a proper and adequate defense of the director or officer or his or her
estate against claims for damages; and 
 WHEREAS, the Board of Directors of the Company, based upon their experience as business managers,
have concluded that the continuation of present trends in litigation against corporate directors and officers will inevitably result in less effective direction and supervision of the Company and its subsidiaries’ and affiliates’ business
affairs and the operation of their facilities, as opposed to aggressive supervision and management in a search for profits, and the board deems such consequences to be so detrimental to the best interests of the Company’s 

 
stockholders that it has concluded that its directors and officers should be provided with maximum protection against inordinate risks in order to ensure
that the most capable persons otherwise available will be attracted to such positions and therefore, the directors have further concluded that it is not only reasonable and prudent but necessary for the Company contractually to obligate itself to
..indemnify in a reasonable and adequate manner its directors and officers and the directors and officers of its affiliates; and 
 WHEREAS,
Section 145 of the Delaware General Corporation Law, under which the Company is organized, empowers corporations to indemnify persons serving as a director, officer, employee or agent of the corporation or a person who serves at the request of
the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, and further specifies that the indemnification set forth in said section “shall not be deemed exclusive of
any other rights to which those seeking indemnification may be entitled under any bylaw, agreement, vote of stockholders or disinterested directors or otherwise,” and said section further empowers a corporation to “purchase and maintain
insurance” (on behalf of such persons) against any liability asserted against him or her or incurred by him or her .n any such capacity or arising out of his or her status as such, whether or not the corporation would have the power to
indemnify such person against such liability under the provisions of said laws; and 
 WHEREAS, the Company and its predecessors have
investigated the type of insurance available, the nature and extent of the coverage provided and the cost thereof to the Company to insure the directors and officers of the Company and of its affiliates against expenses (including attorneys’
fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by any such director or officer in connection with any action, suit or proceeding with which he or she is threatened or made a party by reason of such status
and/or his or her line-of-duty decisions or actions, and, upon receiving such information, the directors of the Company have determined that the coverage available is inadequate for the Company and its directors, officers and agents and that its
stockholders’ best interests would be served by the Company contracting to indemnify such persons and to thereby effectively self-insure against such potential liabilities not covered by insurance; and 
 WHEREAS, the Company desires to have Indemnitee serve and continue to serve as a director and/or officer of the Company or of any other corporation,
subsidiary, partnership, joint venture, or trust or other enterprise (herein called “an Affiliate of the Company”} of which he or she has been or is serving at the request, for the convenience of or to represent the interest of the Company
free from undue concern for unpredictable, inappropriate or unreasonable claims for damages by reason of his or her being a director or officer of the Company or of an Affiliate of the Company or by reason of his or her decisions or actions on their
behalf and Indemnitee desires to serve or continue to serve (provided that he or she is furnished the indemnity provided for hereinafter}, in one or more of such capacities. 
 NOW, THEREFORE, in consideration of the premises and covenants contained herein, the Company and the Indemnitee hereby agree as follows: 
  

 1. Definitions. 
 “Litigation Costs” means costs, charges and expenses, including attorneys’, accountants’ and expert witness fees, reasonably incurred in the investigation, defense or prosecution of or other
involvement in any Proceeding and any appeal therefrom, and the cost of appeal, attachment and similar bonds. 
 “Losses” means the
total amount which Indemnitee becomes legally obligated to pay in connection with any Proceeding, including judgments, fines, amounts paid in settlement and Litigation Costs. 
 “Proceeding” means any threatened, pending or completed action, suit, proceeding or investigation, whether civil, criminal, administrative or
investigative (whether external or internal to the Company, including an action by or in the right of the Company}, and whether formal or informal. 
 2. Agreement to Serve. Indemnitee will serve and/or continue to serve, at the will of the Company or its stockholders or under separate contract, if such exists, the Company or an Affiliate of the Company as a director and/or officer
faithfully and to the best of his or her ability so long as he or she is duly elected and qualified in accordance with the provisions of the bylaws thereof or until such time as he or she tenders his or her resignation in writing or is removed from
office. 
 3. Indemnification. 
 (a) The Company shall indemnify Indemnitee: 
 (i) If Indemnitee is a person who was or is a party or is threatened to be made a
party to, or otherwise becomes involved in, any Proceeding (other than an action by or in the right of the Company or an Affiliate of the Company) by reason of the fact that he or she is or was a director, officer, employee or agent of the Company
or is or was serving at the request of the Company as a director, officer, employee or agent of the Company or is or was serving at the request of the Company as a director, officer, employee or agent of another corporation, partnership, joint
venture, trust or other enterprise (hereinafter called an “Affiliate”), or by reason of anything done or not done by him or her in any such capacity, against Losses actually incurred by him or her in connection with such Proceeding if he
or she acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the corporation and, with respect to any criminal action or proceeding, had no reasonable cause to believe that his or her
conduct was unlawful; or 
 (ii) If Indemnitee is a person who was or is a party or is threatened to be made a party to, or otherwise
becomes involved in, any Proceeding by or in the right of the Company or an Affiliate of the Company to procure a judgment in its favor by reason of the fact that he or she is or was a director, officer, employee or agent of the Company or is or was
serving at the request of the Company or an Affiliate of the Company as a director, officer, 

 
employee or agent of another corporation, partnership, joint venture, trust or other enterprise or by reason of anything done or not done by him or her in
any such capacity, against Litigation Costs actually incurred by him or her in connection with such Proceeding if he or she acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the
Company and except that no indemnification under this subsection shall be made in respect of any claim, issue or matter as to which such person shall have been adjudged to be liable to the Company unless and only to the extent that the Court of
Chancery or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the relevant circumstances of the case, such person is fairly and reasonably entitled to
indemnity for such expenses which the Court of Chancery or such other court shall deem proper; or 
 (iii) To the extent Indemnitee has been
successful on the merits or otherwise in defense of any Proceedings referred to in subsections (a) or (b) of this section, or in the defense of any claim, issue or matter described therein, against Litigation Expenses actually incurred by
him or her in connection with the investigation, defense or appeal of such action, suit or proceeding. If Indemnitee is not wholly successful in such Proceedings, but is successful on the merits or otherwise as to one or more, but less than all,
claims, issues or matters in such Proceedings, the Company shall indemnify Indemnitee against all Litigation Expenses incurred by Indemnitee or on his or her behalf in connection with the successfully resolved claim, issue or matter. For purposes of
this Section 3 and without limitation, the termination of any Proceedings by judgment, order, settlement, conviction or upon a plea of nolo contendere or its equivalent shall not, of itself, create a presumption (1) that Indemnitee
did not act in good faith and in a manner which he or she reasonably believed to be in or not opposed to the best interests of the Company, or (2) with respect to any criminal action or proceeding, that Indemnitee had reasonable cause to
believe that his or her conduct was criminal. 
 (b) The protections afforded Indemnitee by this Agreement shall continue after Indemnitee
ceases as a director, officer, employee or agent of the Company or an Affiliate of the Company or to serve at the request of the Company as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other
enterprise, and shall inure to the benefit of the heirs, executors and administrators of such Indemnitee, except that no indemnification shall be due under the provisions of this subsection to the extent a court of competent jurisdiction shall have
found in such Proceeding that Indemnitee defrauded or stole from the Company or an Affiliate of the Company or converted to his or her own personal use and benefit business or properties of the Company or an Affiliate of the Company or was guilty of
gross negligence or willful misconduct of a culpable nature to the Company or an Affiliate of the Company. 
 4. The Company’s
Assumption of Defense. To the extent that it may wish, the Company jointly with any other indemnifying party similarly notified will be entitled to assume the defense thereof, with the counsel satisfactory to the Indemnitee. After notice from
the Company to Indemnitee of its election so to assume the defense thereof, the Company will not be liable to the Indemnitee under this Agreement for any Litigation Costs subsequently incurred by Indemnitee in connection with the defense thereof
other than reasonable costs of investigation or as otherwise provided below. Indemnitee shall have the right to employ personal counsel in such 

 
Proceeding, but the fees and expenses of such counsel incurred after notice from the Company of its assumption of the defense thereof shall be at the expense
of Indemnitee, unless (i) the employment of counsel by Indemnitee has been authorized by the Company, (ii) Indemnitee shall have reasonably concluded that there may be a conflict of interest between the Company and Indemnitee in the
conduct of the defense of such action, or (iii) the Company shall not in fact have employed counsel to assume the defense of such action, in each of which cases the fees and expenses of counsel shall be at the expense of the Company. The
Company shall not be entitled to assume the defense of any Proceeding brought by or on behalf of the Company or as to which Indemnitee shall have made the conclusion provided for in (ii) above. 
 5. Assumption of Liability by the Company. If Indemnitee is deceased and is entitled to indemnification under any provision of this Agreement, the
Company shall indemnify Indemnitee’s estate and his spouse, heirs, administrators and executors against, and the Company shall, and does hereby agree, to assume any and all Losses incurred by or for Indemnitee of his or her estate in connection
with the investigation, defense, settlement or appeal of any such Proceeding. Further, when requested in writing by the spouse of Indemnitee and/or the heirs, executors or administrators of Indemnitee’s estate, the Company shall provide
appropriate evidence of the Company’s Agreement set out herein, to indemnify Indemnitee against and to itself assume such Losses. 
 6.
Notice of Proceeding. Promptly after receipt by Indemnitee of notice of the commencement of any Proceeding, Indemnitee will, if a claim in respect thereof is to be made against the Company under the Agreement, notify the Company of the
commencement thereof. The omission so to notify the Company will not relieve it from any liability which it may have to the Indemnitee otherwise than under this Agreement. 
 7. Request for Indemnification. To obtain Indemnification under this Agreement, Indemnitee shall submit to the Company a written request,
including therein or therewith such documentation and information as is reasonably available to Indemnitee and is reasonably necessary to determine whether and to what extent Indemnitee is entitled to indemnification. 
 8. Determination of Right to Indemnification. Anything contained elsewhere herein to the contrary notwithstanding, the determination as to whether
or not Indemnitee has met the standard of conduct required to qualify and entitle him or her, partially or fully, to indemnification under the provisions of any subparagraph of Paragraph 3 hereof may be made either (i) by the Board of Directors
by majority vote of a quorum consisting of directors who were not parties to the Proceeding which gives rise to a claim made by Indemnitee under this Agreement, (ii) by independent legal counsel (who may not be the outside counsel regularly
employed by the Company) in a written opinion, or (iii) by the stockholders of the Company by majority vote of a quorum thereof consisting of stockholders who are not parties to the Proceeding which gives rise to a claim made by Indemnitee
under this Agreement, provided that the manner in which (and if applicable, the counsel by which) the right to indemnification is to be determined shall be approved in advance in writing by both Indemnitee and the Board of Directors of the Company
by majority vote of a quorum consisting of directors who were not parties to the Proceeding which gives rise to a claim made by Indemnitee under this Agreement. In the event that such parties are unable to agree on the manner in which the
determination of the 

 
right to indemnity is to be made, such determination may be made by independent legal counsel retained by the Company especially for such purpose, provided
that such counsel be approved in advance in writing by both the Board of Directors and Indemnitee and, provided further, that such counsel shall not be outside counsel regularly employed by the Company. In the event that the Parties hereto are
unable to agree on the selection of such outside counsel, such outside counsel shall be selected by lot by the outside counsel regularly employed by the Company from among the California law firms having more than twenty (20) attorneys and
having a rating of “av” or better in the then current Martindale-Hubbell Law Directory. Such selection by lot shall be made in the presence of Indemnitee (and his or her legal counselor either of them, as Indemnitee may elect). The outside
counsel regularly employed by the Company and Indemnitee (and his or her legal counselor either of them as Indemnitee may elect) shall contact, in the order of their selection by lot, such law firms, requesting each such firm to accept engagement to
make the determination required hereunder until one of such firms accepts such engagement. The fees and expenses of counsel in connection with making said determination contemplated hereunder shall be paid by the Company, and if requested by such
counsel, the Company shall give such counsel an appropriate written agreement with respect to the payment of their fees and expenses and such other matters as may be reasonably requested by counsel. Notwithstanding the foregoing, Indemnitee may,
either before or within two (2) years after a determination has been made as provided above, petition the Court of Chancery of the State of Delaware or any other court of competent jurisdiction to determine whether Indemnitee is entitled to
indemnification under the provisions hereof under which he or she claims the right to indemnification, and such court shall thereupon have the exclusive authority to make such determination, unless and until such court dismisses or otherwise
terminates such action without having made such determination. The determination of the court, as petitioned, as to whether Indemnitee is entitled to indemnification hereunder, shall be independent and irrespective of any prior determination made by
the Board of Directors, the stockholders or counsel. If the Court shall determine that Indemnitee is entitled to indemnification hereunder as to any claim, issue or matter involved in the Proceeding with respect to which there has been no prior
determination pursuant hereto or with respect to which there has been a prior determination pursuant hereto that Indemnitee was not entitled to indemnification hereunder, the Company shall pay all expenses (including attorneys’ fees) actually
incurred by Indemnitee in connection with such judicial determination. If the person (including the Board of Directors, independent legal counsel in a written opinion, the stockholders, or a court) making the determination hereunder shall determine
that Indemnitee is entitled to indemnification as to some claims, issues or matters involved in the proceeding but not as to others, such persons shall reasonably prorate the losses with respect to which indemnification is sought by Indemnitee among
such claims, issues or matters. If, and to the extent it is finally determined hereunder that Indemnitee is not entitled to indemnification, then Indemnitee agrees to reimburse the Company for all expenses advanced or prepaid hereunder, or the
proper proportion thereof, other than the expenses of obtaining the judicial determination referred to above. Anything contained elsewhere herein to the contrary notwithstanding, the Company shall not be liable to indemnify Indemnitee under this
Agreement for any amounts paid in settlement of any Proceeding or claim effected without its written consent. The Company shall not settle any Proceeding or claim in any manner which would impose any penalty or limitation on Indemnitee without
Indemnitee’s written consent. Neither the Company nor Indemnitee will unreasonably withhold their consent to any proposed settlement. 
  

 9. Limitation of Actions and Release of Claims. No legal action shall be brought and no cause of
action shall be asserted by or on behalf of the Company or any Affiliate of the Company against Indemnitee, his or her spouse, heirs, executors or administrators after the expiration of two (2) years from the date Indemnitee ceases (for any
reason) to serve in anyone or more of the capacities covered by this Agreement, and any claim or cause of action of the Company or its Affiliate shall be extinguished and deemed released unless asserted by filing of a legal action within such two
(2) year period. 
 10. Advancement of Litigation Costs. The Litigation Costs incurred by Indemnitee in connection with any
Proceedings covered hereunder, shall be paid by the Company in advance as may be appropriate to properly defend any such Proceeding and/or paid in advance at the request of the Indemnitee and any judgments, fines or amounts paid in settlement shall
be paid by the Company in advance with the understanding and agreement hereby made and entered into by Indemnitee and the Company that in the event it shall ultimately be determined as provided hereunder that Indemnitee was not entitled to be
indemnified, or was not entitled to be fully indemnified, that Indemnitee shall repay to the Company such amount, or the appropriate portion thereof, so paid or advanced. Any request for advancement of Litigation Expenses under this Agreement shall
reasonably evidence the Litigation Expenses incurred by Indemnitee. Such advancement of Litigation Expenses by the Company shall be made promptly (but in any event within thirty (30) days) after receipt by the Company of Indemnitee’s
request thereof. 
 11. Other Rights and Remedies. The indemnification and advance payment of expenses as provided by any provision of
this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may be entitled under any provisions of law, the Certificate of Incorporation, and/or bylaws, this or other agreement, vote of stockholders or disinterested
directors or otherwise, both as to action in his or her official capacity and as to action in another capacity while occupying any of the positions or having any of the relationship referred to in Section 3 of this Agreement, and shall continue
after Indemnitee has ceased to occupy such position, or have such relationship and shall inure to the benefit of the heirs, executors and administrators of Indemnitee. 
 12. Partial Indemnification. If the Indemnitee is entitled under any provision of this Agreement to indemnification by the Company for some or a portion of Litigation Costs or Losses but not, however, for the
total amount thereof, the Company shall nevertheless indemnify the Indemnitee for the portion of Litigation Costs or Losses to which the Indemnitee is entitled. 
 13. Severability. If any provision or provisions of this Agreement shall be held to be invalid, illegal or unenforceable for any reason whatsoever (i) the validity, legality and enforceability of the
remaining provisions of this Agreement (including without limitation, all portions of any paragraph of this Agreement containing any such provision held to be invalid, illegal or unenforceable, that are not themselves invalid, illegal or
unenforceable) shall not in any way be affected or impaired thereby, and (ii) to the fullest extent possible, the provisions of this Agreement (including without limitation, all portions of any paragraph of this Agreement containing any such
provision held to be invalid, illegal or unenforceable, that are not themselves 

 
invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested by the provision held invalid, illegal or unenforceable.

 14. Prior Agreements. This Agreement shall be of no force and effect with regard to the cost of settlement borne or paid by
Indemnitee under the provisions of any agreement executed by the Company and/or Indemnitee prior to the date hereof. 
 15.
Counterparts. This Agreement may be executed in counterparts, each of which shall for all purposes be deemed to be an original and all of which shall constitute the same instrument, but only one of which need be produced. 
 16. Headings. The headings of the paragraphs of this Agreement are inserted for convenience only and shall not be deemed to constitute part of
this Agreement or to affect the construction of any provision thereof. 
 17. Use of Certain Terms. As used in this Agreement, the
words “herein”, “hereof”, “hereunder” and other words of similar import refer to this Agreement as a whole and not to any particular paragraph or subparagraph. 
 18. Modification and Waiver. No supplement, modification or amendment of this Agreement shall be binding unless executed in writing by both of the
parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not similar) nor shall such waiver constitute a continuing waiver. 
 19. Choice of Law. This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Delaware. Nothing in
this Agreement is intended to eliminate the requirement that Indemnitee satisfy the applicable standards of conduct for indemnification required by Delaware law. 
 20. Consent to Jurisdiction. The Company and the Indemnitee each hereby irrevocably consent to the jurisdiction of the courts of the State of Delaware for all purposes in connection with any action or
proceeding which arises out of or is related to this Agreement and agree that any action instituted under this Agreement shall be tried only in the state courts of the State of Delaware. 
 21. Notice by Indemnitee. The Indemnitee agrees to promptly notify the Company in writing upon being served with any citation, complaint,
indictment or other document covered hereunder, either civil or criminal. 
 22. Notices. All notices, requests, demands and other
communications hereunder shall be in writing and shall be deemed to have been duly given if in writing and (i) delivered personally, (ii) sent by facsimile transmission, (iii) sent by guaranteed overnight delivery service, or
(iv) mailed as certified or registered mail, return receipt requested, postage prepaid to the parties at the following addresses (or at such other address for a party as shall be specified by like notice; provided that notices of a change of
address shall be effective only upon receipt thereof): 

	 If to the Indemnitee: 
	at the address indicated on the signature page hereof. 

  

	 If to the Company: 
	Standard Pacific Corp. 

	 	15326 Alton Parkway 

	 	Irvine, CA 92618 

	 	Facsimile: (949) 789-1608 

	 	Attention: Clay A. Halvorsen 

 A notice shall be deemed given when delivered, in the
case of personal delivery, or upon confirmation of receipt of facsimile transmission, or on the day after being sent by guaranteed overnight delivery service (with proof of delivery), or four (4) business days after mailing in the manner
prescribed herein 
 23. Successors and Assigns. This Agreement shall be (i) binding upon all successors and assigns of the
Company (including by any transfer of substantially all of its assets and any successor by merger or otherwise by operation of law) and (ii) shall be binding on and inure to the benefit of the heirs, personal representatives and estates of the
Indemnitee. 
 IN WITNESS WHEREOF, the Company and the Indemnitee have executed this Agreement as of the date and year first above written.

  

									
	ATTEST:	 		 	STANDARD PACIFIC CORP.
					
	By:	 	 	 		 	By:	 	 
		 	 Clay A. Halvorsen
 Executive Vice President,
General
 Counsel and Secretary
	 		 		 	 Stephen J. Scarborough
 Chairman, Chief Executive
Officer
 and President

 INDEMNITEE: 
  

			
		
	By:	 	 
	 Name:
 Position:
 Title:
	 	

 Address:Form of Restricted Stock Award Agreement

 Exhibit 10.20 
 NATIONWIDE HEALTH PROPERTIES, INC. 
 2005 PERFORMANCE INCENTIVE PLAN 
 RESTRICTED STOCK AWARD AGREEMENT 
 THIS RESTRICTED STOCK AWARD AGREEMENT (this “Award Agreement”) is dated as of [                    ] (the
“Award Date”) by and between Nationwide Health Properties, Inc., a Delaware corporation (the “Corporation”), and [            ] (the
“Participant”). 
 WITNESSETH 
 WHEREAS, pursuant to the Nationwide Health Properties, Inc. 2005 Performance Incentive Plan (the “Plan”), the Corporation hereby grants to the Participant, effective as of the date hereof, a
restricted stock award (the “Award”), upon the terms and conditions set forth herein and in the Plan. 
 NOW
THEREFORE, in consideration of services rendered and to be rendered by the Participant, and the mutual promises made herein and the mutual benefits to be derived therefrom, the parties agree as follows: 
 1. Defined Terms. Capitalized terms used herein and not otherwise defined herein shall have the meaning assigned to such terms in the Plan.

 2. Grant. Subject to the terms of this Award Agreement, the Corporation hereby grants to the Participant an Award with
respect to an aggregate of [    ] restricted shares of Common Stock of the Corporation (the “Restricted Stock”). 
 3. Vesting. Subject to Section 8 below, the Award shall vest, and restrictions (other than those set forth in Section 8.1 of the Plan) shall lapse, with respect to
[            ] of the total number of shares of Restricted Stock (subject to adjustment under Section 7.1 of the Plan) on each of
[                                       
 ]. The Board reserves the right to accelerate the vesting of the Restricted Stock in such circumstances as it, in its sole discretion, deems appropriate and any such acceleration shall be effective only when set forth in a written
instrument executed by an officer of the Corporation. 
 4. Continuance of Employment. The vesting schedule requires continued
employment or service through each applicable vesting date as a condition to the vesting of the applicable installment of the Award and the rights and benefits under this Award Agreement. Employment or service for only a portion of the vesting
period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or services as provided in Section 8
below or under the Plan. 
 Nothing contained in this Award Agreement or the Plan constitutes an employment or service commitment by the
Corporation, affects the Participant’s status as an employee at will who is subject to termination without cause, confers upon the Participant any right to remain employed by or in service to the Corporation or any of its Subsidiaries,
interferes in any way with the right of the Corporation or any of its Subsidiaries at any time to terminate such 

  

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employment or services, or affects the right of the Corporation or any of its Subsidiaries to increase or decrease the Participant’s other compensation
or benefits. Nothing in this paragraph, however, is intended to adversely affect any independent contractual right of the Participant without his or her consent thereto. 
 5. Dividend and Voting Rights. After the Award Date, the Participant shall be entitled to cash dividends and voting rights with respect to the shares of Restricted Stock subject to the Award even though
such shares are not vested, provided that such rights shall terminate immediately as to any shares of Restricted Stock that are forfeited pursuant to Section 8 below. 
 6. Restrictions on Transfer. Prior to the time that they have become vested pursuant to Section 3 hereof or Section 7 of the
Plan, neither the Restricted Stock, nor any interest therein, amount payable in respect thereof, or Restricted Property (as defined in Section 9 hereof) may be sold, assigned, transferred, pledged or otherwise disposed of, alienated or
encumbered, either voluntarily or involuntarily. The transfer restrictions in the preceding sentence shall not apply to (a) transfers to the Corporation, or (b) transfers by will or the laws of descent and distribution. 
 7. Stock Certificates. 
 (a)
Book Entry Form. The Corporation shall issue the shares of Restricted Stock subject to the Award either: (a) in certificate form as provided in Section 7(b) below; or (b) in book entry form, registered in the name of the
Participant with notations regarding the applicable restrictions on transfer imposed under this Award Agreement. 
 (b) Certificates to be
Held by Corporation; Legend. Any certificates representing shares of Restricted Stock that may be delivered to the Participant by the Corporation prior to vesting shall be redelivered to the Corporation to be held by the Corporation until the
restrictions on such shares shall have lapsed and the shares shall thereby have become vested or the shares represented thereby have been forfeited hereunder. Such certificates shall bear the following legend and any other legends the Corporation
may determine to be necessary or advisable to comply with all applicable laws, rules, and regulations: 
 “The ownership of this
certificate and the shares of stock evidenced hereby and any interest therein are subject to substantial restrictions on transfer under an Agreement entered into between the registered owner and Nationwide Health Properties, Inc. A copy of such
Agreement is on file in the office of the Secretary of Nationwide Health Properties, Inc.” 
 (c) Delivery of Certificates Upon
Vesting. Promptly after the vesting of any shares of Restricted Stock pursuant to Section 3 hereof or Section 7 of the Plan and the satisfaction of any and all related tax withholding obligations pursuant to Section 10, the
Corporation shall, as applicable, either remove the notations on any shares of Restricted Stock issued in book entry form which have vested or deliver to the Participant a certificate or certificates evidencing the number of shares of Restricted
Stock which have vested (or, in either case, such lesser number of shares as may result after giving effect to Section 10). The Participant (or the beneficiary or personal representative of the Participant in the event of the 

  

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Participant’s death or disability, as the case may be) shall deliver to the Corporation any representations or other documents or assurances as the
Corporation or its counsel may determine to be necessary or advisable in order to ensure compliance with all applicable laws, rules, and regulations with respect to the grant of the Award and the delivery of shares of Common Stock in respect
thereof. The shares so delivered shall no longer be restricted shares hereunder. 
 (d) Stock Power; Power of Attorney. Concurrently
with the execution and delivery of this Award Agreement, the Participant shall deliver to the Corporation an executed stock power in the form attached hereto as Exhibit A, in blank, with respect to such shares. The Corporation shall not
deliver any share certificates in accordance with this Agreement unless and until the Corporation shall have received such stock power executed by the Participant. The Participant, by acceptance of the Award, shall be deemed to appoint, and does so
appoint by execution of this Award Agreement, the Corporation and each of its authorized representatives as the Participant’s attorney(s)-in-fact to effect any transfer of unvested forfeited shares (or shares otherwise reacquired by the
Corporation hereunder) to the Corporation as may be required pursuant to the Plan or this Award Agreement and to execute such documents as the Corporation or such representatives deem necessary or advisable in connection with any such transfer.

 8. Effect of Termination of Employment or Services. If the Participant ceases to be employed by or ceases to provide
services to the Corporation or a Subsidiary (the date of such termination of employment or service is referred to as the Participant’s “Severance Date”), the Participant’s shares of Restricted Stock (and related Restricted
Property as defined in Section 9 hereof) shall be forfeited to the Corporation to the extent such shares have not become vested pursuant to Section 3 hereof or Section 7 of the Plan upon the Severance Date (regardless of the reason
for such termination of employment or service, whether with or without cause, voluntarily or involuntarily, or due to death or disability). Upon the occurrence of any forfeiture of shares of Restricted Stock hereunder, such unvested, forfeited
shares and related Restricted Property shall be automatically transferred to the Corporation as of the Severance Date, without any other action by the Participant (or the Participant’s beneficiary or personal representative in the event of the
Participant’s death or disability, as applicable). No consideration shall be paid by the Corporation with respect to such transfer. The Corporation may exercise its powers under Section 7(d) hereof and take any other action necessary or
advisable to evidence such transfer. The Participant (or the Participant’s beneficiary or personal representative in the event of the Participant’s death or disability, as applicable) shall deliver any additional documents of transfer that
the Corporation may request to confirm the transfer of such unvested, forfeited shares and related Restricted Property to the Corporation. 
 9. Adjustments Upon Specified Events. Upon the occurrence of certain events relating to the Corporation’s stock contemplated by Section 7.1 of the Plan, the Administrator shall make adjustments in accordance with
such section in the number and kind of securities that may become vested under the Award. If any adjustment shall be made under Section 7.1 of the Plan or an event described in Section 7.2 of the Plan shall occur and the shares of
Restricted Stock are not fully vested upon such event or prior thereto, the restrictions applicable to such shares of Restricted Stock shall continue in effect with respect to any consideration, property or other securities (the “Restricted
Property” and, for the purposes of this Award Agreement, “Restricted Stock” shall include “Restricted Property”, unless the context otherwise requires) 

  

 3 

 
received in respect of such Restricted Stock. Such Restricted Property shall vest at such times and in such proportion as the shares of Restricted Stock to
which the Restricted Property is attributable vest, or would have vested pursuant to the terms hereof if such shares of Restricted Stock had remained outstanding. To the extent that the Restricted Property includes any cash (other than regular cash
dividends), such cash shall be invested, pursuant to policies established by the Administrator, in interest bearing, FDIC-insured (subject to applicable insurance limits) deposits of a depository institution selected by the Administrator, the
earnings on which shall be added to and become a part of the Restricted Property. 
 10. Tax Withholding. Subject to
Section 8.1 of the Plan, upon any vesting of the Restricted Stock, the Corporation shall automatically withhold and reacquire the appropriate number of whole shares of Restricted Stock, valued at their then fair market value (with the
“fair market value” of such shares determined in accordance with the applicable provisions of the Plan), to satisfy any withholding obligations of the Corporation or its Subsidiaries with respect to such vesting at the minimum applicable
withholding rates. In the event that the Corporation cannot satisfy such withholding obligations by withholding and reacquiring shares of Restricted Stock, or in the event that the Participant makes or has made an election pursuant to
Section 83(b) of the Code or the occurrence of any other withholding event with respect to the Award, the Corporation (or a Subsidiary) shall be entitled to require a cash payment by or on behalf of the Participant and/or to deduct from other
compensation payable to the Participant any sums required by federal, state or local tax law to be withheld with respect to such vesting of any Restricted Stock or such Section 83(b) election. 
 11. Notices. Any notice to be given under the terms of this Award Agreement shall be in writing and addressed to the Corporation at its
principal office to the attention of the Secretary, and to the Participant at the Participant’s last address reflected on the Corporation’s payroll records. Any notice shall be delivered in person or shall be enclosed in a properly sealed
envelope, addressed as aforesaid, registered or certified, and deposited (postage and registry or certification fee prepaid) in a post office or branch post office regularly maintained by the United States Government. Any such notice shall be given
only when received, but if the Participant is no longer an Eligible Person, shall be deemed to have been duly given five business days after the date mailed in accordance with the foregoing provisions of this Section 11. 
 12. Plan. The Award and all rights of the Participant under this Award Agreement are subject to the terms and conditions of the provisions
of the Plan, incorporated herein by reference. The Participant agrees to be bound by the terms of the Plan and this Award Agreement. The Participant acknowledges having read and understanding the Plan, the Prospectus for the Plan, and this Award
Agreement. Unless otherwise expressly provided in other sections of this Award Agreement, provisions of the Plan that confer discretionary authority on the Board or the Administrator do not (and shall not be deemed to) create any rights in the
Participant unless such rights are expressly set forth herein or are otherwise in the sole discretion of the Board or the Administrator so conferred by appropriate action of the Board or the Administrator under the Plan after the date hereof.

 13. Entire Agreement. This Award Agreement and the Plan together constitute the entire agreement and supersede all prior
understandings and agreements, written or oral, of the parties hereto with respect to the subject matter hereof. The Plan may be amended pursuant to 

  

 4 

 
Section 8.6 of the Plan. This Agreement may be amended by the Board from time to time. Any such amendment must be in writing and signed by the
Corporation. Any such amendment that materially and adversely affects the Participant’s rights under this Agreement requires the consent of the Participant in order to be effective with respect to the Award. The Corporation may, however,
unilaterally waive any provision hereof in writing to the extent such waiver does not adversely affect the interests of the Participant hereunder, but no such waiver shall operate as or be construed to be a subsequent waiver of the same provision or
a waiver of any other provision hereof. 
 14. Counterparts. This Award Agreement may be executed simultaneously in any number
of counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument. 
 15.
Section Headings. The section headings of this Award Agreement are for convenience of reference only and shall not be deemed to alter or affect any provision hereof. 
 16. Governing Law. This Award Agreement shall be governed by and construed and enforced in accordance with the laws of the State of
Maryland without regard to conflict of law principles thereunder. 
 [Remainder of page intentionally left blank] 
  

 5 

 IN WITNESS WHEREOF, the Corporation has caused this Award Agreement to be executed on its behalf
by a duly authorized officer and the Participant has hereunto set his or her hand as of the date and year first above written. 
  

			
	NATIONWIDE HEALTH PROPERTIES, INC.,
	a Maryland corporation
		
	By:	 	  

			
		
	Print Name:	 	  

			
		
	Its:	 	  

	
	PARTICIPANT
	
	  

	Signature
	
	  

	Print Name

  

 6 

 CONSENT OF SPOUSE 
 In consideration of the execution of the foregoing Restricted Stock Award Agreement by Nationwide Health Properties, Inc., I,
                                        
                    , the spouse of the Participant therein named, do hereby join with my spouse in executing the foregoing Restricted Stock Award
Agreement and do hereby agree to be bound by all of the terms and provisions thereof and of the Plan. 
 Dated:
                     
  

	
	  

	Signature of Spouse
	
	  

	Print Name

  

 7 

 EXHIBIT A 
 STOCK POWER 
 FOR VALUE RECEIVED and pursuant to that certain Restricted Stock Award Agreement
between Nationwide Health Properties, Inc., a Maryland corporation (the “Corporation”), and the individual named below (the “Individual”) dated as of
                    , the Individual, hereby sells, assigns and transfers to the Corporation, an aggregate
             shares of Common Stock of the Corporation, standing in the Individual’s name on the books of the Corporation and represented by stock certificate number(s)
                                        
                                         to
which this instrument is attached, and hereby irrevocably constitutes and appoints
                                        
                                         as
his or her attorney in fact and agent to transfer such shares on the books of the Corporation, with full power of substitution in the premises. 
 Dated
                    ,              
  

	
	  

	Signature
	
	  

	Print Name

 (Instruction: Please do not fill in any blanks other than the signature line. The purpose of the
assignment is to enable the Corporation to exercise its sale/purchase option set forth in the Restricted Stock Award Agreement without requiring additional signatures on the part of the Individual.)

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