Document:

EX-10.1

 Exhibit 10.1 

RESTRICTED SHARE AWARD AGREEMENT 

THIS AGREEMENT, made as of this      day of             ,
20     between Kindred Healthcare, Inc., a Delaware corporation and its successors (the “Company”), and
                     (the “Participant”). 

WHEREAS, the Company adopted and maintains the Kindred Healthcare, Inc. 2011 Stock Incentive Plan, Amended and Restated (the
“Plan”); 
 WHEREAS, the Plan provides for the award to participants in the Plan of restricted shares of common stock of Kindred
Healthcare, Inc., par value $0.25 per share (the “Common Stock”). 
 NOW THEREFORE, in consideration of the premises and the
mutual covenants hereinafter set forth, the parties hereto hereby agree as follows: 
 1. Grant of Restricted Stock. Pursuant and
subject to the terms and conditions set forth herein and in the Plan, the Company hereby grants to the Participant             
(            ) shares of Common Stock (the “Shares,” and this grant shall be referred to herein as the “Award”). The Shares shall vest only in accordance with the
provisions of this Agreement and of the Plan. The certificates representing the Shares, together with stock powers duly authorized in blank by the Participant, shall be deposited with the Company to be held by it until the Shares vest in accordance
with Section 3 hereof or are forfeited in accordance with Section 4. All capitalized terms used herein and not defined herein shall have the meanings assigned to them in the Plan. 

2. Non-Transferability. Prior to the vesting of the Shares as described in Section 3 hereof, neither the Shares nor the rights
represented thereby shall be assignable, transferable, pledged or otherwise encumbered under any circumstances. Any purported or attempted transfer of such Shares or such rights in contravention of this Section 2 shall be null and void and
shall result in the immediate forfeiture of the Shares. 
 3. Vesting of Shares. 

(a) Except as provided in Section 3(b) and Section 4, the Shares subject to this Award shall vest and become fully transferable
without restriction according to the following schedule: 
  

	 	(i)	             of the Shares subject to this Award shall vest             ,
            . 

  

	 	(ii)	An additional              of the Shares subject to this Award shall vest on             ,
            . 

	 	(iii)	An additional              of the Shares subject to this Award shall vest on             ,
            . 

  

	 	(iv)	An additional              of the Shares subject to this Award will vest on             ,
            . 

 (b) Notwithstanding paragraph (a) of this
Section 3, in the event that the employment of Participant with the Company is terminated by the Company other than for Cause, or by the Participant for Good Reason, in either case within the 18-month period immediately following a Change in
Control, all restrictions on the Shares shall lapse and the Company shall deliver to Participant a certificate representing the Shares; provided, however, in no event may the vesting of any Shares held by a Participant subject to Section 16(b)
of the Exchange Act be accelerated until such time as the vesting would not violate Section 16(b). 
 (c) Notwithstanding paragraphs
(a) or (b) of this Section 3, in the event of the death or Disability of the Participant, the Shares shall automatically vest, all restrictions on the Shares shall lapse and the Company shall deliver to Participant a certificate
representing the Shares; provided, however, in no event may the vesting of any Shares held by a Participant subject to Section 16(b) of the Exchange Act be accelerated until such time as the vesting would not violate Section 16(b). 

4. Forfeiture of Shares. If the employment of the Participant with the Company shall terminate for any reason other than death or
Disability, all of the Shares which have not vested in accordance with Section 3 of this Agreement shall be forfeited and reconveyed to the Company by Participant without additional consideration and Participant shall have no further rights
with respect thereto. 
 5. Modification and Waiver. Except as provided in this Agreement and in the Plan with respect to
determinations of the Committee and subject to the Company’s right to amend the Plan, neither this Agreement nor any provision hereof can be changed, modified, amended, discharged, terminated or waived orally or by any course of dealing or
purported course of dealing, but only by an agreement in writing signed by the Participant and the Company. No such agreement shall extend to or affect any provision of this Agreement not expressly changed, modified, amended, discharged, terminated
or waived or impair any right consequent on such a provision. The waiver of or failure to enforce any breach of this Agreement shall not be deemed to be a waiver or acquiescence in any other breach thereof. 

6. Rights as Stockholder. Participant shall be considered a stockholder of the Company with respect to all such Shares that have not
been forfeited and shall have all rights appurtenant thereto, including the right to vote or consent to all matters that may be presented to the stockholders and to receive all dividends and other distributions paid on such Shares; provided,
however, that, with respect to Shares which have not vested in accordance with Section 3 of this Agreement, all dividends or other distributions will be subject to applicable tax withholding requirements and may in the Company’s discretion
be paid in accordance with the Company’s regular payroll procedures on Participant’s next regularly scheduled payroll date following the declared payment date. If any dividends or distributions are paid in Common Stock, such Common Stock
shall be subject to the same restrictions as the Shares with respect to which it was paid. 

  
 2 

 7. Adjustment Upon Changes in Common Stock. 

(a) In the event of any change in the capitalization of the Company or other corporate change or transaction involving the Company or its
securities, the Committee shall, to the extent it deems appropriate, make equitable adjustments in the number and class of shares subject to the Award outstanding on the date on which such change occurs. 

(b) In the event of (i) a dissolution or liquidation of the Company, (ii) a sale of all or substantially all of the Company’s
assets, (iii) a merger or consolidation involving the Company in which the Company is not the surviving corporation or (iv) a merger or consolidation involving the Company in which the Company is the surviving corporation but the holders
of shares of Common Stock receive securities of another corporation and/or other property, including cash, the Committee shall either: 
 (i)
cancel each Share outstanding immediately prior to such event (whether or not then vested), and, in full consideration of such cancellation, pay to the Participant an equitable amount in cash for each Share equal to the value of the property
(including cash) received by the holder of a share of Common Stock; or 
 (ii) provide for the exchange of each Share outstanding immediately
prior to such event (whether or not then vested) for an option, a stock appreciation right or a share of restricted stock with respect to, as appropriate, some or all of the property which a holder of the number of shares of Common Stock subject to
the Award would have received in such transaction and, incident thereto, make an equitable adjustment in the exercise price of the option or stock appreciation right, or the number of shares or amount of property subject to the option, stock
appreciation right or share of restricted stock, or, if appropriate, provide for a cash payment to the Participant in partial consideration for the exchange of the Shares. 

8. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Kentucky. 

9. Participant Acknowledgment. The Participant hereby acknowledges receipt of a copy of the Plan and a Plan prospectus. The Participant
hereby acknowledges that all decisions, determinations and interpretations of the Committee in respect of the Plan, this Agreement and the Shares shall be final and conclusive. 

10. Incorporation of Plan. All terms and provisions of the Plan are incorporated herein and made part hereof as if stated herein. If any
provision hereof and of the Plan shall be in conflict, the terms of the Plan shall govern. 

  
 3 

 11. Entire Agreement. This Agreement and the Plan represent the final, complete and total
agreement of the parties hereto respecting the Shares and the matters discussed herein and this Agreement supersedes any and all previous agreements and understandings, whether written, oral or otherwise, relating to the Shares and such matters.

 12. No Contract of Employment. This Agreement shall not confer upon the Participant any right with respect to the continuation of
such Participant’s employment by the Company or prohibit the Company at any time from terminating such employment or increasing or decreasing the base salary or other compensation for such Participant. 

13. Recoupment. The Participant acknowledges and agrees that the Company will be entitled to recoup compensation of whatever kind paid
by the Company hereunder pursuant to Section 23 of the Plan. 

  
 4 

 IN WITNESS WHEREOF, the Company has caused this Agreement to be duly executed by its duly
authorized officer and said Participant has hereunto signed this Agreement on the Participant’s own behalf, thereby representing that the Participant has carefully read and understands this Agreement and the Plan, as of the day and year first
above written. 
  

			
	KINDRED HEALTHCARE, INC.
	
	 
	By:	 	Stephen D. Farber
	Title:	 	Executive Vice President,
		 	Chief Financial Officer
	
	 

  
 5EX-10.2

 Exhibit 10.2 

PERFORMANCE UNIT AWARD AGREEMENT 

THIS AGREEMENT, made as of this      day of             ,
20     between Kindred Healthcare, Inc., a Delaware corporation and its successors (the “Company”), and
                     (the “Participant”). 

WHEREAS, the Company adopted and maintains the Kindred Healthcare, Inc. 2011 Stock Incentive Plan, Amended and Restated (the
“Plan”); 
 WHEREAS, the Plan provides for the award to participants in the Plan of the right to receive shares of common stock of
Kindred Healthcare, Inc., par value $0.25 per share (the “Common Stock”), upon the achievement of specified performance targets. 

NOW THEREFORE, in consideration of the premises and the mutual covenants hereinafter set forth, the parties hereto hereby agree as follows:

 1. Grant of Performance Units. Pursuant and subject to the terms and conditions set forth herein and in the Plan, the Company
hereby grants to the Participant                      Performance Units. The Performance Units shall vest only in accordance with the provisions of
this Agreement and of the Plan. All capitalized terms used herein and not defined herein shall have the meanings assigned to them in the Plan. 

2. Performance Targets/Performance Period. 

(a) The Committee shall establish the Performance Targets applicable to a particular Performance Period within ninety (90) days of the
commencement of such Performance Period in accordance with the terms and conditions of Section 9(b) of the Plan. As soon as reasonably practicable following the establishment of such Performance Targets, the Committee shall communicate the
Performance Targets to the Participant. 
 (b) The Performance Periods applicable to the Performance Units during which the Performance
Targets shall be measured shall be as follows: 
 (i) With respect to one-third (1/3) of the Performance Units, the Performance Period
shall be calendar year 20    ; 
 (ii) With respect to one-third (1/3) of the Performance Units, the Performance
Period shall be calendar year 20    ; and 
 (iii) With respect to one-third (1/3) of the Performance Units, the
Performance Period shall be calendar year 20    . 
 (c) As soon as practicable after the end of the applicable
Performance Period, the Committee shall determine and certify the extent to which the Performance Targets for such Performance Period were achieved, if at all. If the Performance Targets are achieved in full, and the

 
Participant remains employed with the Company as of the last day of the applicable Performance Period, the Company shall pay to the Participant an amount equal to the number of Units earned with
respect to such Performance Period, such payment to be made as soon as reasonably practicable following the Committee’s certification pursuant to this Section 2(c) of this Agreement, but in no event later than March 15th of the calendar year immediately following the calendar year in which the relevant Performance Period ends. The Committee may determine, in its sole and absolute discretion, at the time of payment
hereunder whether such payment shall be made (a) in cash (equal to the Fair Market Value of a Share multiplied by the number of Performance Units), (b) in Shares or (c) in a combination of cash and Shares. 

3. Non-Transferability. No Performance Unit shall be assignable or transferable otherwise than by will or the laws of descent and
distribution, in accordance with the terms and conditions of Section 17 of the Plan. Any purported or attempted transfer of a Performance Unit in contravention of this Section 3 shall be null and void and shall result in the
immediate forfeiture of the Performance Unit. 
 4. Consequences Upon Change in Control. In the event that the employment of
Participant with the Company is terminated by the Company other than for Cause, or by the Participant for Good Reason, in either case within the 18-month period immediately following a Change in Control, then, to the extent not already vested and
paid, the Performance Units shall become fully vested and immediately payable as if the Performance Targets were fully achieved, without any proration. 

5. Effect of Termination of Employment. 

(a) If the employment of Participant shall terminate with the Company prior to the expiration of the applicable Performance Period for any
reason other than for death or Disability, the Performance Units shall immediately terminate and be of no further force or effect. 
 (b) In
the event that the employment of Participant with the Company shall terminate on account of the Disability or death of Participant prior to the expiration of the Performance Period, all Performance Units shall be paid to Participant or
Participant’s estate, as the case may be, as if all applicable Performance Targets had been fully achieved; provided that such payment shall be prorated to reflect the portion of the Performance Period during which Participant was
employed; provided further that such payment shall be made as soon as reasonably practicable following the date of such termination of employment but in no event later than March 15th
of the calendar year immediately following the calendar year in which such termination occurs. 
 6. Modification and Waiver. Except
as provided in the Plan with respect to determinations of the Committee and subject to the Company’s right to amend the Plan, neither this Agreement nor any provision hereof can be changed, modified, amended, discharged, terminated or waived
orally or by any course of dealing or purported course of dealing, but only by an agreement in writing signed by the Participant and the Company. No such agreement shall extend to or affect any provision of this Agreement not expressly changed,
modified, amended, discharged, terminated or waived or impair any right consequent on such a provision. The waiver of or failure to enforce any breach of this Agreement shall not be deemed to be a waiver or acquiescence in any other breach thereof.

  
 2 

 7. Governing Law. This Agreement shall be governed by and construed in accordance with the
laws of the State of Kentucky. 
 8. Participant Acknowledgment. The Participant hereby acknowledges receipt of a copy of the Plan and
a Plan prospectus. The Participant hereby acknowledges that all decisions, determinations and interpretations of the Committee in respect of the Plan, this Agreement and the Option shall be final and conclusive. 

9. Incorporation of Plan. All terms and provisions of the Plan are incorporated herein and made part hereof as if stated herein. If any
provision hereof and of the Plan shall be in conflict, the terms of the Plan shall govern. 
 10. Entire Agreement. This Agreement and
the Plan represent the final, complete and total agreement of the parties hereto respecting the Performance Units and the matters discussed herein and this Agreement supersedes any and all previous agreements and understandings, whether written,
oral or otherwise, relating to the Performance Units and such matters. 
 11. No Contract of Employment. This Agreement shall not
confer upon the Participant any right with respect to the continuation of such Participant’s employment by the Company or prohibit the Company at any time from terminating such employment or increasing or decreasing the base salary or other
compensation for such Participant. 
 12. Code Section 409A. Each Performance Unit is intended not to be subject to
Section 409A of the Code by reason of being a short-term deferral and shall be interpreted accordingly. In the event any of the payments provided to a Participant pursuant to this Agreement would result in a violation of Section 409A of
the Code (including any regulations promulgated thereunder), the Company will use its reasonable best efforts to amend this Agreement in the least restrictive manner necessary in order, where applicable (i) to ensure that such compensation is
not considered “nonqualified deferred compensation” for purposes of Section 409A of the Code, or (ii) to comply with the provisions of Section 409A, in each case, where possible, without any diminution in the value of the
compensation to be paid or provided to the Participant pursuant to this Agreement; provided, that nothing in this Agreement shall require the Company to provide any gross-up or other tax reimbursement to a Participant in connection with any
violation of Section 409A or otherwise. 
 13. Recoupment. The Participant acknowledges and agrees that the Company will be
entitled to recoup compensation of whatever kind paid by the Company hereunder pursuant to Section 23 of the Plan. 

  
 3 

 IN WITNESS WHEREOF, the Company has caused this Agreement to be duly executed by its duly
authorized officer and said Participant has hereunto signed this Agreement on the Participant’s own behalf, thereby representing that the Participant has carefully read and understands this Agreement and the Plan, as of the day and year first
above written. 
  

			
	KINDRED HEALTHCARE, INC.
	
	 
	By:	 	Stephen D. Farber
	Title:	 	Executive Vice President,
		 	Chief Financial Officer
	
	 

  
 4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00233-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00233-of-00352.parquet"}]]