Document:

Form of Restricted Stock Unit Agreement

 Exhibit 4.1 
 FORM OF RESTRICTED STOCK UNIT AGREEMENT 
 THIS RESTRICTED STOCK UNIT AGREEMENT (this
“Agreement”), dated as of May 1, 2007, (“Grant Date”) is by and between Amedisys, Inc., a Delaware corporation (“Company”), and William F. Borne (“Employee”). Capitalized terms
that are used but not defined in this Agreement shall have the meanings given to them in the Company’s 1998 Amended and Restated Stock Option Plan (the “Plan”). 
  

	1.	Nature of Award. The award of Restricted Stock Units (the “Units”) in accordance with Section 2 herein is a Performance Stock Award in accordance with
the Plan. 

  

	2.	Grant of Units. Subject to the terms and conditions of this Agreement and of the Plan, the Company hereby grants to Employee [$800,000 divided by the closing price of the
Company’s common stock on the Grant Date] Units. The Units comprising this award will be recorded in an unfunded Units account in Employee’s name maintained on the books of the Company (the “Account”). Each Unit
represents the right to receive one share of the Company’s common stock, $0.01 par value per share (the “Common Stock”) under the terms and conditions set forth below. 

  

	3.	Vesting and Delivery Schedule. 

  

	 	(a)	Subject to (b), (c) and (d) below, one-third of the Units shall vest on May 1, 2008, one-third of the Units shall vest on May 1, 2009, and one-third of the Units
shall vest on May 1, 2010, conditioned upon Employee’s continued employment with the Company on each such date. 

  

	 	(b)	If Employee’s employment with the Company is terminated, other than by reason of disability or death, any unvested portion of the Units shall be forfeited.

  

	 	(c)	If Employee’s employment with the Company is terminated by reason of disability or death, the restrictions on any unvested portion of the Units shall lapse, and Employee or his
heirs or estate shall be 100% vested in such Units. 

  

	 	(d)	 Upon termination of Employee’s employment with the Company, for any reason, all Units vested pursuant to this Agreement but not yet delivered shall be
delivered to Employee or his heirs or estate on the Delivery Date (as defined in Section 4, below). However, if the Committee finds by a majority vote after full consideration of the facts that Employee, before or after termination of his
employment with the Company for any reason (x) committed or engaged in fraud, embezzlement, theft, commission of a felony, or proven dishonesty in the course of his employment by the Company, which conduct damaged the Company, or disclosed
trade secrets of the Company, or (y) participated, engaged in or had a material financial or other interest, whether as an employee, officer, director, 

	 	 
consultant, contractor, stockholder, owner or otherwise, in any commercial endeavor in the United States that is competitive with the business of the Company
without the written consent of the Company, this Agreement shall terminate effective as of the commencement of business on the date of Employee’s termination of employment with the Company, and any Units not already delivered to Employee by the
Company shall be forfeited by Employee. Clause (y) shall not be deemed to have been violated solely by reason of Employee’s ownership of stock or securities of any publicly owned corporation, if that ownership does not result in effective
control of the corporation. The decision of the Committee as to the cause of Employee’s discharge, the damage done to the Company, and the extent of Employee’s competitive activity shall be final. No decision of the Committee, however,
shall affect the finality of the discharge of Employee by the Company in any manner. 

  

	4.	Delivery Date. The shares of Common Stock underlying the Units granted to Employee hereby shall be delivered to Employee (or his heirs or estate) on January 1, 2012 (the
“Delivery Date”). 

  

	5.	Transfer Restrictions. The Units granted hereunder may not be sold, assigned, margined, transferred, encumbered, conveyed, gifted, hypothecated, pledged, or otherwise
disposed of and may not be subject to lien, garnishment, attachment or other legal process, except as expressly permitted by the Plan. 

  

	6.	Stockholder Rights. Prior to the time that Employee’s Units vest and the Company has issued Common Stock relating to such Units on the Delivery Date, Employee will not
be deemed to be the holder of, or have any of the rights of a holder with respect to, any Common Stock deliverable with respect to such Units. 

  

	7.	Dividend Equivalents. Until such time as the Units are forfeited or become vested, whichever occurs first, the Company will pay Employee a cash amount equal to the number of
Units granted hereunder times any per share dividend payment made to shareholders of the Company’s Common Stock as long as Employee continues to be employed by the Company on the dividend payment date. Such payments shall be made on or around
the date the dividends are paid to shareholders, but in any event by the end of the year in which dividends are paid to shareholders. 

  

	8.	Changes in Stock. In the event of any change in the number and kind of outstanding stock by reason of any recapitalization, reorganization, merger, consolidation, stock split
or any similar change affecting the Common Stock (other than a dividend payable in Common Stock) the Company shall make an appropriate adjustment in the number and terms of the Units credited to Employee’s Account as provided in the Plan.

  

	9.	Compliance with Law. No Common Stock will be delivered to Employee (or his heirs or estate) on the Delivery Date unless counsel for the Company is satisfied that such
delivery will be in compliance with all applicable laws. 

  

 2 

	10.	Taxes. Employee shall be liable for any and all taxes, including withholding taxes, arising out of the grant or the issuance of the Common Stock underlying the Units on the
Delivery Date. The Company is authorized to deduct the amount of the tax withholding from the amount payable to Employee upon settlement of the Units on the Delivery Date. On the Delivery Date, the Company shall withhold from the total number of
shares of Common Stock Employee is entitled to receive the value equal to the amount necessary to satisfy any such withholding obligation at the minimum applicable withholding rate. 

  

	11.	Discretionary Nature of Plan. Employee acknowledges and agrees that the Plan is discretionary in nature and may be amended, cancelled, or terminated by the Company, in its
sole discretion, at any time. The grant of Units under the Plan is a one-time benefit and does not create any contractual or other right to receive a grant of Units, other types of grants under the Plan, or benefits in lieu of such grants in the
future. Future grants, if any, will be at the sole discretion of the Company, including, but not limited to, the timing of any grant, the number of Units granted, the payment of dividend equivalents, and vesting provisions. 

 

	12.	Section 409A. To the extent the Company determines that this agreement is subject to Code section 409A, but does not conform with the requirements of Code section 409A
the Company may at its sole discretion amend or replace the agreement to cause the agreement to comply with Code section 409A. 

  

	13.	Miscellaneous 

  

	 	(a)	All amounts credited to Employee’s Account under this Agreement shall continue for all purposes to be a part of the general assets of the Company. Employee’s interest in
the Account shall make Employee only a general, unsecured creditor of the Company. 

  

	 	(b)	The parties agree to execute such further instruments and to take such action as may reasonably be necessary to carry out the intent of this Agreement. 

  

	 	(c)	Neither the Plan nor this Agreement nor any provisions under either shall be construed so as to grant Employee any right to remain in the employ of the Company.

  

	 	(d)	This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof. 

 * * * * 
  

 3 

 DATE OF GRANT: May 1, 2007 
  

			
	AMEDISYS, INC.
		
	BY:	 	  
		 	Larry R. Graham, President
	
	GRANTEE
	
	  
	William F. Borne

 SPOUSE OF GRANTEE: 
 The spouse of the Grantee has read and understands this Agreement and the Plan and is executing this Agreement to evidence her consent and agreement to be bound by all of the terms and conditions of this Agreement and
the Plan (including those relating to the appointment of the Grantee as agent for any interest that the Grantee’s spouse may have in this Agreement and the Shares). 
  

			
		
	Spouse:	 	  
		 	Wendy Borne

  

 4Exhibit-10.1

Exhibit 10.1

THIRD AMENDMENT

TO

CHANGE IN CONTROL EMPLOYMENT AGREEMENT

This Third Amendment to Change in Control Employment Agreement (this "Amendment") is made and entered into by and between Healthaxis, Ltd., a Texas limited partnership ("Healthaxis"), and John Carradine (the "Executive"), to be effective as of the 20th day of April 2007.

WHEREAS, Healthaxis and Executive are parties to that certain Change in Control Employment Agreement dated as of January 1, 2002 (the "Agreement"), as amended pursuant to that certain First Amendment to Change in Control Employment Agreement dated as of January 1, 2003, and that certain Second Amendment to Change in Control Employment Agreement dated as of May 13, 2005, which sets forth, among other things, the terms and conditions pursuant to which Healthaxis or its successor will continue to employ the Executive and/or the amount of certain payments that would be made to the Executive upon certain events;

WHEREAS, the parties desire to further amend the Agreement as provided herein; and

WHEREAS, except as otherwise defined herein, all capitalized terms used in this Amendment shall have the meaning specified in the Agreement.

NOW, THEREFORE, for and in consideration of the mutual covenants and agreements contained herein and in the Agreement, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged and confessed, Healthaxis and Executive do hereby agree as follows:

1. Employment Period. The current "Employment Period" as referenced in the Agreement commenced on May 13, 2005 and runs through May 13, 2008. As of the effective date of this Amendment, Healthaxis and Executive agree that the Employment Period is extended through April 20, 2009, and that beginning on April 21, 2007, and on each day thereafter, that the Employment Period shall be automatically extended by an additional one (1) day period. As a result, at any given time from and after the effective date of this Amendment, the remaining term of the Employment Period will be two (2) years.

2. Severance Payments. Section 5(a)(i)(B) of the Agreement is hereby amended to provide that the Executive shall be entitled thereunder to a lump sum payment equal to the sum of "(x) two (2) times the Executive's Annual Base Salary and (y) the Executive's Target Bonus" [rather than the current language in the Agreement providing that the Executive shall be entitled thereunder to a lump sum payment of one and one-half (1 1/2) times the Executive's Annual Base Salary and the Executive's Target Bonus].

3. Notices. The addresses for notice purposes in Section 11(b) of the Agreement are hereby amended to read as follows:

  

	IF TO THE EXECUTIVE:
	 	 	 
	 	 	 	 	 
	 	JOHN CARRADINE	 	 	 
	 	At his current primary residence address as shown in the Healthaxis human resources records as of the date
      of the notice
    
	 	 	 	 	 
	 	 	 	 	 
	
      IF TO THE COMPANY:

    
	 	 	 
	 	 	 	 	 
	 	HEALTHAXIS, LTD. 
	 	7301 North State Highway 161, Suite 300
	 	Irving, Texas 75039 
	 	              Attention: General Counsel 

Except as expressly amended as provided herein, the Agreement shall continue in full force and effect in accordance with its terms.

EXECUTED by the parties to be effective as of the date set forth hereinabove.

	HEALTHAXIS:	 	 	 	EXECUTIVE:
	 	 	 	 	 	 
	Healthaxis, Ltd.	 	 	 	 	 
	 	 	/s/ John Carradine
	 	 	

	 	 	 John Carradine

          

    
	 	 	 
	By:	Healthaxis Managing Partner, LLC,

      General Partner	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 	

    	 	 	 	 	 	 	 
	By:	/s/ J. Brent Webb

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