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  Exhibit 10.37    
    

 
 

  ALLIANCE IMAGING, INC.
  
    SECOND AMENDMENT OF EMPLOYMENT AGREEMENT    
    

        THIS SECOND AMENDMENT OF EMPLOYMENT AGREEMENT (the "Amendment") is entered into as of December 9, 2008 (the "Effective Date"),
between Howard K. Aihara ("Executive") and Alliance Imaging, Inc., a Delaware corporation (the "Company"). 

 RECITALS  

        WHEREAS, on December 1, 2005, the Company and the Executive entered into an Employment Agreement, as amended by that certain
Amendment of Employment Agreement entered into between Executive and the Company as of April 16, 2007 (the "First Amendment" and such amended agreement, the "Employment Agreement") and a
related Letter Agreement, as amended by the First Amendment (the "Letter Agreement" and collectively with the First Amendment and the Employment Agreement, the "Agreements"); and 

        WHEREAS,
the parties wish to amend certain provisions of the Agreements regarding the benefits to be provided upon the termination of the Executive's employment with the Company pursuant
to the terms and conditions set forth below. 

 AGREEMENT  

        NOW THEREFORE, in consideration of the foregoing and the mutual agreements contained herein and intending to be legally bound hereby,
the parties hereby agree as follows effective as of the Effective Date. Except as otherwise defined herein, capitalized terms shall have the meanings assigned to them in the Employment Agreement or
the Letter Agreement, as the case may be. 

        1.    Salary Continuation Period.    The following shall be inserted at the end of the last sentence of
Paragraph 5 of the Letter Agreement: 

        "within
sixty (60) days following the Date of Termination. Except as otherwise provided by Paragraph 3 of the Second Amendment of Employment Agreement entered into between
the Company and Executive, the payments provided by this Paragraph 5 shall commence within sixty (60) days of the Date of Termination." 

        2.    Term.    Paragraph 1(b) of the Employment Agreement shall be deleted in its entirety and replaced with
the following: 

        "(b)
Term. The term of the Executive's employment under this Agreement shall commence on the Effective Date and continue until terminated in accordance with Paragraph 8. The
period of employment as provided in this Paragraph 1(b) is sometimes referred to herein as the "Term"." 

        3.    Good Reason.    Paragraph 8(d)(iv) of the Employment Agreement shall be deleted in its entirety and
replaced with the following: 

        "(iv)
"Good Reason" shall mean the occurrence of any of the following without Executive's written consent: 

	(A)
	the
Corporation materially reduces Executive's base salary; or

	(B)
	the
assignment to the Executive of any duties which diminish in any material respect the Executive's positions with the Corporation (including status,
offices, titles and reporting requirements), authority, duties or responsibilities as contemplated by Paragraph 2; or

	(C)
	any
material failure by the Corporation to comply with this Agreement, which is not remedied within 15 days after notice thereof from the Executive;
or 

 

	(D)
	the
Corporation requires Executive to materially change the location of his principal office or offices to a location or locations more than fifty
(50) miles from Executive's then present office location or locations. 

The
Corporation and Executive further agree that for a resignation to constitute a resignation by Executive for "Good Reason", Executive must provide written notice to the Corporation of Executive's
intent to resign within thirty (30) days of one of the triggering events outlined in this Paragraph 8(d)(iv)." 

        4.    Excess Parachute Payments.    The following shall be inserted at the end of the last sentence of
Paragraph 10 of the Employment Agreement: 

        ",
provided that, the Gross-Up Payment shall in all events be paid prior to the last day of Executive's taxable year next
following Executive's taxable year in which the Excise Tax is remitted to the Internal Revenue Service or any other applicable taxing authority." 

        5.    Section 409A.    Paragraph 7 of the First Amendment is hereby deleted in its entirety and replaced
by this Paragraph 5. 

        (a)    Separation from Service.    Notwithstanding anything in this Amendment or the Agreements to the contrary, no
termination benefits deemed deferred compensation subject to Section 409A of the Code shall be payable pursuant to the Agreements unless Executive's termination of employment constitutes a
"separation from service" with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated thereunder (a "Separation
from Service") and, except as provided under Paragraph 5(b) of this Amendment, any such termination benefits shall not be paid, or, in the case of installments, shall not commence payment,
until the sixtieth (60th) day following Executive's Separation from Service. Any installment payments that would have been made to Executive during the sixty (60) day period
immediately following Executive's Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive's Separation from
Service and the remaining payments shall be made as provided in the Agreements. 

        (b)    Specified Employee.    Notwithstanding any provision to the contrary in this Amendment or the Agreements, if
Executive is deemed by the Company at the time of his Separation from Service to be a "specified employee" for purposes of Section 409A(a)(2)(B)(i) of the Code, to the extent delayed
commencement of any portion of the termination benefits to which Executive is entitled under the Agreements is required in order to avoid a prohibited distribution under
Section 409A(a)(2)(B)(i) of the Code, such portion of Executive's benefits shall not be provided to Executive prior to the earlier of (i) the expiration of the six-month
period measured from the date of the Executive's Separation from Service or (ii) the date of Executive's death. Upon the first business day following the expiration of the applicable Code
Section 409A(a)(2)(B)(i) period, all payments deferred pursuant to this Paragraph 5(b) shall be paid in a lump sum to Executive, and any remaining payments due under the Agreements shall
be paid as otherwise provided therein. 

        (c)    Expense Reimbursements.    To the extent that any reimbursements payable pursuant to the Agreements are subject
to the provisions of Section 409A of the Code, any such reimbursements payable to Executive pursuant to the Agreements shall be paid to Executive no later than December 31 of the year
following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive's right
to reimbursement under the Agreements will not be subject to liquidation or exchange for another benefit. 

        (d)    Installments.    For purposes of Section 409A of the Code (including, without limitation, for purposes
of Treasury Regulation Section 1.409A-2(b)(2)(iii)), Executive's right to receive the 

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installment
payments under this Amendment and the Agreements shall be treated as a right to receive a series of separate payments and, accordingly, each such installment payment shall at all times be
considered a separate and distinct payment. 

        6.    Continuation of Other Terms.    Except as set forth herein, all other terms and conditions of the Agreements
shall remain in full force and effect. 

        7.    Complete Agreement.    This Amendment and the Agreements collectively constitute the entire agreement between
Executive and the Company with respect to the subject matter described herein and they are the complete, final and exclusive embodiment of their agreement with regard to this subject matter. However,
if there are any ancillary benefits set forth in the form of Executive Severance Agreement attached as Exhibit 10.2 to the Form 8-K filed by the Company on March 22,
2007, as such form may be amended from time to time, which are more beneficial to Executive in any respect than what is provided for in this Amendment and/or the Agreements, such ancillary benefits
shall be made available to Executive. This Amendment is entered into without reliance on any promise or representation other than those expressly contained herein. 

        8.    Applicable Law.    This Amendment shall be governed by the law of the State of California as such laws are
applied to agreements between California residents entered into and to be performed entirely within the State of California. 

[Signature
page follows] 

3

 

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

				
	 	 ALLIANCE IMAGING, INC.
	
 	
 By:	
 	
/s/ ELI H. GLOVINSKY

 
	
 	
 Name:	
 	
Eli H. Glovinsky

 
	
 	
 Title:	
 	
 Executive Vice President, General Counsel and Corporate Secretary

 
	
 	
 EXECUTIVE
	
 	
 /s/ HOWARD K. AIHARA

  Howard K. Aihara

4

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Exhibit 10.37

ALLIANCE IMAGING, INC. SECOND AMENDMENT OF EMPLOYMENT AGREEMENTQuickLinks
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  Exhibit 10.38    
    

 
 

  ALLIANCE IMAGING, INC.
  
    AMENDMENT OF EXECUTIVE SEVERANCE AGREEMENT    
    

        THIS AMENDMENT OF EXECUTIVE SEVERANCE AGREEMENT (the "Amendment") is entered into as of
[                        , 2008]
(the "Effective Date"), between [                                    ]
("Executive") and Alliance Imaging, Inc., a Delaware corporation (the "Company"). 

 RECITALS  

        WHEREAS, on
[                                    ], the Company and the Executive
entered into an Executive Severance Agreement (the
"Agreement"); and 

        WHEREAS,
the parties wish to amend certain provisions of the Agreement regarding the benefits to be provided upon the termination of the Executive's employment with the Company pursuant
to the terms and conditions set forth below. 

 AGREEMENT  

        NOW THEREFORE, in consideration of the foregoing and the mutual agreements contained herein and intending to be legally bound hereby,
the parties hereby agree as follows effective as of the Effective Date. Except as otherwise defined herein, capitalized terms shall have the meanings assigned to them in the Agreement. 

        1.    Timing of Payments.    The following sentence shall be added to the end of Section 1 of the Agreement: 

        "Except
as otherwise provided by Section 3(d) below, the payments provided under this Section 1 shall commence within sixty (60) days of Executive's termination of
employment." 

        2.    Timing of Release.    The words "upon the termination or end" in the second sentence of Section 3(a) of
the Agreement shall be deleted and replaced with the following: 

        "within
sixty (60) days of the termination or end" 

        3.    Section 409A.    Section 3(d) of the Agreement shall be deleted in its entirety and replaced with
the following: 

        "(d)
Section 409A. 

        (i)    Separation from Service.    Notwithstanding anything in this Agreement to the contrary, no termination benefits
deemed deferred compensation subject to Section 409A of the Internal Revenue Code of 1986, as amended (the "Code"), shall be payable pursuant to this Agreement unless Executive's termination of
employment constitutes a "separation from service" with the Company within the meaning of Section 409A of the Code and the Department of Treasury regulations and other guidance promulgated
thereunder (a "Separation from Service") and, except as provided under Section 3(d)(ii) of this Agreement, any such termination benefits shall not be paid, or, in the case of installments,
shall not commence payment, until the sixtieth (60th) day following Executive's Separation from Service. Any installment payments that would have been made to Executive during the sixty
(60) day period immediately following Executive's Separation from Service but for the preceding sentence shall be paid to Executive on the sixtieth (60th) day following Executive's Separation
from Service and the remaining payments shall be made as provided in this Agreement. 

        (ii)    Specified Employee.    Notwithstanding any provision to the contrary in this Agreement, if Executive is deemed
by the Company at the time of his Separation from Service to be a "specified employee" for purposes of Section 409A(a)(2)(B)(i) of the Code, to the extent delayed commencement of any portion of
the benefits to which Executive is entitled under this Agreement 

 

is
required in order to avoid a prohibited distribution under Section 409A(a)(2)(B)(i) of the Code, such portion of Executive's benefits shall not be provided to Executive prior to the earlier
of (i) the expiration of the six-month period measured from the date of the Executive's Separation from Service or (ii) the date of Executive's death. Upon the first business
day following the expiration of the applicable Code Section 409A(a)(2)(B)(i) period, all payments deferred pursuant to this Section 3(d)(ii) shall be paid in a lump sum to Executive, and
any remaining payments due under this Agreement shall be paid as otherwise provided herein. 

        (iii)    Expense Reimbursements.    To the extent that any reimbursements payable pursuant to this Agreement are
subject to the provisions of Section 409A of the Code, any such reimbursements payable to Executive pursuant to this Agreement shall be paid to Executive no later than December 31 of the
year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive's
right to reimbursement under this Agreement will not be subject to liquidation or exchange for another benefit. 

        (iv)    Installments.    For purposes of Section 409A of the Code (including, without limitation, for purposes
of Treasury Regulation Section 1.409A-2(b)(2)(iii)), Executive's right to receive the installment payments under this Agreement shall be treated as a right to receive a series of
separate payments and, accordingly, each such installment payment shall at all times be considered a separate and distinct payment." 

        4.    Good Reason.    Section 5 of the Agreement shall be deleted in its entirety and replaced with the
following: 

        "5.    Resignation for Good Reason.    For purposes of this Agreement, resignation by Executive for "Good Reason"
shall mean resignation for the following events that occurs without the Executive 's written consent: (a) the Company materially reduces Executive's base salary, (b) the assignment to
the Executive of any duties which diminish in any material respect the Executive's position with the Company (including status, offices, titles and reporting requirements), authority, duties or
responsibilities, (c) any material failure by the Company to comply with any of the provisions of any employment agreement between Executive and the Company, which is not remedied within
15 days after notice thereof from
the Executive, or (d) the Company requires Executive to materially change the location of his principal office to a facility or a location more than fifty (50) miles from Executive's
then present office location. The Company and Executive further agree that for a resignation to constitute a resignation by Executive for "Good Reason", Executive must provide written notice to the
Company of his/her intent to resign within thirty (30) days of one of the triggering events outlined in this Section 5." 

        5.    Excess Parachute Payments.    The following shall be inserted at the end of the last sentence of
Section 6(c) of the Agreement: 

        ",
provided that, the Gross-Up Payment shall in all events be paid prior to the last day of Executive's taxable year next
following Executive's taxable year in which the Excise Tax is remitted to the Internal Revenue Service or any other applicable taxing authority." 

        6.    Continuation of Other Terms.    Except as set forth herein, all other terms and conditions of the Agreement
shall remain in full force and effect. 

        7.    Complete Agreement.    This Amendment and the Agreement together constitute the entire agreement between
Executive and the Company with respect to the subject matter described herein and they are the complete, final and exclusive embodiment of their agreement with regard to this subject matter. This
Amendment is entered into without reliance on any promise or representation other than those expressly contained herein. 

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        8.    Applicable Law.    This Amendment shall be governed by the law of the State of California as such laws are
applied to agreements between California residents entered into and to be performed entirely within the State of California. 

[Signature
page follows] 

3

 

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

				
	 	 ALLIANCE IMAGING, INC.
	
 	
 By:	
 	
  

 
	
 	
 Name:	
 	
 

 
	
 	
 Title:	
 	
  

 
	
 	
 EXECUTIVE
	
 	
  

 

4

QuickLinks

Exhibit 10.38

ALLIANCE IMAGING, INC. AMENDMENT OF EXECUTIVE SEVERANCE AGREEMENT

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