Document:

Exhibit 10.2
                                                         [Director Annual Grant]

                               SAPIENT CORPORATION
                             RESTRICTED STOCK UNITS
                                    AGREEMENT

     In recognition of the important contributions that ___________ (the
"Director") makes to the success of Sapient Corporation (the "Company") and its
Affiliates (together with the Company, the "Company Group") as a member of the
Company's Board of Directors, the Company hereby grants to the Director,
pursuant to the Sapient Corporation 1998 Stock Incentive Plan (the "Plan"), the
Restricted Stock Units Award described below.

1.   The Restricted Stock Units Award. The Company hereby grants to the Director
     ________________ (________) Units, subject to the terms and conditions of
     this Agreement and the Plan. An Award shall be paid hereunder, only to the
     extent that such Award is Vested, as provided in this Agreement. The
     Director's rights to the Units are subject to the restrictions described in
     this Agreement and the Plan in addition to such other restrictions, if any,
     as may be imposed by law.

2.   Definitions. The following definitions will apply for purposes of this
     Agreement. Capitalized terms not defined in this Agreement are used as
     defined in the Plan.

     (a)  "Agreement" means this Restricted Stock Units Agreement granted by the
          Company and agreed to by the Director.

     (b)  "Award" means the grant of Units in accordance with this Agreement.

     (c)  "Change in Control" means the occurrence of any of the following
          events: (i) any "person", as such term is used in Sections 13(d) and
          14(d) of the Securities Exchange Act of 1934, as amended (the
          "Exchange Act") (other than the Company, Jerry A. Greenberg, J. Stuart
          Moore, any trustee or other fiduciary holding securities under an
          employee benefit plan of the Company, or any corporation owned
          directly or indirectly by the stockholders of the Company in
          substantially the same proportion as their ownership of stock of the
          Company), is or becomes the "beneficial owner" (as defined in Rule
          13d-3 under the Exchange Act), directly or indirectly, of securities
          of the Company representing 50% or more of the combined voting power
          of the Company's then outstanding securities; (ii) the stockholders of
          the Company approve a merger or consolidation of the Company with any
          other corporation, other than a merger or consolidation which would
          result in the voting securities of the Company outstanding immediately
          prior thereto continuing to represent (either by remaining outstanding
          or by being converted into voting securities of the surviving entity)
          more than 50% of the combined voting power of the voting securities of
          the Company or such surviving entity outstanding immediately after
          such merger or consolidation; (iii) the stockholders of the Company
          approve a plan of complete liquidation of the Company or an agreement
          for the sale of disposition by the Company of all or substantially all
          of the Company's assets; or (iv) individuals who, on the date on which
          the Plan was adopted by the Board, constituted the Board of Directors
          of the Company, together with any new director whose election by the
          Board or nomination for election by the Company's stockholders was
          approved by a vote of at least a majority of the directors then still
          in office who were directors on the date on which the Plan was adopted
          by the Board or whose election or nomination was previously so
          approved, cease for any reason to constitute at least a majority of
          the Board of Directors.

<PAGE>

     (d)  "Common Stock" means common stock of the Company, .01 par value.

     (e)  "Grant Date" means ________ __, 200 _.

     (f)  "Fair Market Value" means the average trading price of the Common
          Stock over the twenty trading days prior to the Valuation Date, based
          on the closing price on each such day. For this purpose, the "closing
          price" of the Common Stock on any trading day will be the last sale
          price with respect to such Common Stock reported on the NASDAQ, or, if
          on any such date such Common Stock is not quoted by NASDAQ, the
          average of the closing bid and asked prices with respect to such
          Common Stock, as furnished by a professional market maker making a
          market in such Common Stock selected by the Company in good faith; or,
          if no such market maker is available, the fair market value of such
          Common Stock as of such day as determined in good faith by the
          Company.

     (g)  "NASDAQ" means the Nasdaq Stock Market.

     (h)  "Payment Date" means, as to Vested Units, within 30 days of the date
          on which the Units become Vested, except that in connection with a
          Change in Control, the Payment Date shall mean immediately prior to or
          coincident with the occurrence of the Change in Control.

     (i)  "Unit" means a notional unit which is equivalent to a single share of
          Common Stock on the Grant Date, subject to Section 4.

     (j)  "Valuation Date" means the date on which the Fair Market Value of the
          Common Stock is to be determined.

     (k)  "Vested" means that portion of the Award to which the Director has a
          nonforfeitable right.

     (l)  "Vesting Dates" means the dates set forth in Section 3.

<PAGE>

3.   Vesting.

     (a)  An Award shall become Vested only upon the Vesting Dates described in
          this Section 3, except as otherwise provided herein or determined by
          the Company in its sole discretion. No portion of any Award shall
          become Vested on the Vesting Date unless the Director is then, and
          since the Grant Date has continuously been, a Director of the Company.

     (b)  Subject to subsections (c), (d) and (e), below, an Award shall become
          Vested based on the following schedule.

          Vesting Date                     Percentage Vested on Anniversary Date

          First Anniversary of Grant Date  100%

     (c)  Upon the occurrence of a Change in Control, an Award shall become 100%
          Vested, such shares to be distributed immediately prior to or
          coincident with the Change in Control.

     (d)  Notwithstanding Section 3(b), if the service of the Director
          terminates by reason of death or disability (within the meaning of
          Section 22(e)(3) of the Internal Revenue Code), the length of the
          Director's service shall be deemed to be six months longer than the
          actual length; provided, however, that in no event shall such deemed
          time extension serve to increase the number of Vested shares to more
          than the number of shares of Common Stock as equals that number of
          Units which have been awarded hereunder.

     (e)  Notwithstanding Section 3(b), in the event that the Director has
          completed the full term of service as a Director for which he or she
          was elected at an Annual Meeting of Stockholders of the Company, but
          is not standing for re-election to a subsequent term as a Director at
          the Annual Meeting of Stockholders of the Company at which he or she
          would otherwise have been re-elected (the "Retirement Meeting"), all
          Award shares which are scheduled to vest subsequent to the Retirement
          Meeting but within the same fiscal quarter in which the Retirement
          Meeting is held shall become Vested shares as of the date immediately
          preceding such Retirement Meeting; provided, however, that in no event
          shall such deemed time extension serve to increase the number of
          Vested Shares to more than the number of shares of Common Stock as
          equals that number of Units which have been awarded hereunder.

     (f)  In the event that the Director's tenure as a member of the Company's
          Board of Directors terminates prior to a Vesting Date for any reason
          other than as set forth in this Section 3, including without
          limitation termination by the Company or the Company Group, any
          portion of the Award that has not then become Vested will be forfeited
          automatically.

<PAGE>

4.   Adjustments Based on Certain Changes in the Common Stock. In the event of
     any stock split, reverse stock split, stock dividend, recapitalization or
     similar change affecting the Common Stock, the Award shall be equitably
     adjusted.

5.   No Voting Rights/Dividends. The Award shall not be interpreted to bestow
     upon the Director any equity interest or ownership in the Company Group
     prior to the Payment Date. The Director is not entitled to vote any Common
     Stock by reason of the granting of this Award or to receive or be credited
     with any dividends declared and payable on any Common Stock underlying any
     Award prior to any Payment Date

6.   Payment of Award. On the Payment Date, the Company shall issue to the
     Director that number of shares of Common Stock as equals that number of
     Units which have become Vested.

7.   Unfunded Status. The obligations of the Company Group hereunder shall be
     contractual only. The Director shall rely solely on the unsecured promise
     of the Company and nothing herein shall be construed to give the Director
     or any other person or persons any right, title, interest or claim in or to
     any specific asset, fund, reserve, account or property of any kind
     whatsoever owned by the Company Group.

8.   No Assignment. No right or benefit or payment under the Plan shall be
     subject to assignment or other transfer nor shall it be liable or subject
     in any manner to attachment, garnishment or execution.

9.   Withholding. The Company's obligation to deliver to the Director shares of
     Common Stock under an Award shall be subject to the satisfaction of all
     applicable federal, state and local income tax withholding requirements as
     determined by the Company Group ("Withholding Taxes"). To satisfy any
     Withholding Taxes, if any, due upon vesting of the Director's Units, the
     Director agrees to pay to the Company, or make provision satisfactory to
     the Company for payment of, any Withholding Taxes, no later than the
     Payment Date. The Company and any Affiliate may, to the extent permitted by
     law, deduct any such tax obligations from any payment of any kind due to
     the Director. Such withheld amounts shall include shares retained from the
     Award creating the tax obligation, valued at their Fair Market Value on the
     date of retention.

     Further, as a condition of receiving any Vested Award, the Director hereby
     agrees to the terms of the Irrevocable Standing Order to Sell Shares (the
     "Standing Order"), attached as Exhibit A. Pursuant to the Standing Order,
     and in lieu of taking the actions described in the immediately preceding
     paragraph of this Section 9, the Company, in its sole discretion, may
     require, and, in such event the Director agrees, to the following:

<PAGE>

          (a) The Director authorizes the Company's agent to sell, at the market
          price and on each Vesting Date (or the first NASDAQ trading day
          thereafter if a Vesting Date is a day in which NASDAQ is closed), the
          number of Vested Shares that, per the Company's instructions to its
          agent, is necessary to obtain proceeds sufficient to satisfy the
          Withholding Taxes. The Director understands and agrees that the number
          of shares that such agent will sell will be based on the closing price
          of the Common Stock on the NASDAQ trading day immediately preceding
          the Vesting Date.

          (b) The Director agrees that the proceeds received from the sale of
          Vested Shares pursuant to this Section 9 will be used to satisfy the
          Withholding Taxes and, accordingly, the Director hereby authorizes the
          Company's agent to pay such proceeds to the Company for such purpose.
          The Director understands that to the extent that the proceeds obtained
          by such sale exceed the amount necessary to satisfy the Withholding
          Taxes, such excess proceeds shall be deposited into the Director's
          stock brokerage account with E*TRADE Financial or such other third
          party brokerage under which the Director maintains a brokerage account
          (the "Account"). The Director further understands that any remaining
          Vested Shares shall be deposited into the Account.

          (c) The Director acknowledges and agrees that, in the event that a
          market in the Common Stock does not exist, the Director shall pay to
          the Company amounts sufficient to pay the Withholding Taxes and, to
          the extent that such payment is not made, the Company shall have the
          right to make other arrangements to satisfy the Withholding Taxes due
          upon the vesting of the Director's Shares.

10.  Amendment or Termination. This Agreement may be amended by mutual written
     agreement of the parties.

11.  Governing Law. This Agreement shall be governed by, and construed in
     accordance with, the laws of the Commonwealth of Massachusetts.

<PAGE>

     IN WITNESS WHEREOF, Sapient Corporation has executed this Restricted Stock
Units Agreement as of the ____ day of ___________, 200___.

                                          Sapient Corporation

                                   By:    Jane E. Owens
                                          -------------
                                   Title: Sr. Vice President and General Counsel
                                          --------------------------------------

<PAGE>

                                                                       Exhibit A
                                                                       ---------

                    IRREVOCABLE STANDING ORDER TO SELL SHARES

I have received from the Company on a voluntary basis the right to acquire
shares of Company common stock (the "Shares") pursuant to the attached
Restricted Stock Units Agreement between the Company and me.

I understand that I must maintain a securities brokerage account with E*TRADE
Financial or such other third party brokerage (each of E*TRADE Financial or such
other third party brokerage is herein defined as the "Broker") to participate in
the stock unit plan described in detail in the Restricted Stock Units Agreement,
and the Company has informed me about this requirement as well as the
requirements for the opening of such a securities brokerage account so that the
vested Shares can be deposited into account. Furthermore, I understand that on
each vesting date, the vested Shares will be deposited into my stock brokerage
account with the broker and that I will incur taxable ordinary income ("Taxable
Income") upon my receipt of the vested Shares. Per the terms of the Agreement,
and if so directed by the Company, I understand and agree to do the following as
a condition of my receipt of vested Shares:

     Upon each vesting date, I must sell a number of Shares that is sufficient
     to satisfy all withholding taxes, as determined by Sapient, which are
     applicable to my Taxable Income (the "Withholding Taxes"). Accordingly, I
     HEREBY DIRECT THE BROKER TO SELL, ON EACH VESTING DATE LISTED ABOVE (OR THE
     FIRST NASDAQ TRADING DAY THEREAFTER IF A VESTING DATE IS A DAY ON WHICH
     NASDAQ IS CLOSED), THAT NUMBER OF SHARES THAT, PER THE COMPANY'S
     INSTRUCTIONS TO THE AGENT, IS SUFFICIENT TO OBTAIN SALE PROCEEDS SUFFICIENT
     TO SATISFY THE WITHHOLDING TAXES. THE PER SHARE SALES PRICE SHALL BE
     CALCULATED BASED ON THE CLOSING PRICE OF A SHARE OF COMPANY COMMON STOCK ON
     THE NASDAQ TRADING DAY IMMEDIATELY PRECEDING THE APPLICABLE VESTING DATE.

I understand that the Broker will remit the proceeds of the foregoing sale
promptly to the Company for payment by the Company of the Withholding Taxes, and
I authorize and direct the Broker to pay such proceeds to the Company for this
purpose.

I acknowledge that I have not been induced to participate in any trade in return
for or as an expectation of employment or continued employment. I understand and
agree that by signing below, I am making an Irrevocable Standing Order to Sell
Shares that will remain in effect until such time as I have received all Shares
to which I am entitled under this Agreement. I also agree that this Irrevocable
Standing Order to Sell Shares is in addition and subject to the terms and
conditions of any existing Account Agreement that I have with the Broker.EMPLOYMENT AGREEMENT

EMPLOYMENT AGREEMENT

 

THIS EMPLOYMENT AGREEMENT (this "Agreement"), effective as of the 7th day of June, 2006, is by and between AMEDISYS INC., ("Amedisys" or the "Company"), a Delaware corporation having its principal place of business at 11100 Mead Road, Suite 300, Baton Rouge, Louisiana, 70816, and Donald Loverich, Jr. ("Loverich"), an individual of the full age of majority and capacity residing at 3703 Belvedere Parkway, Lake Charles, Louisiana 70605.

RECITALS

WHEREAS, Amedisys owns, manages, and/or operates agencies and facilities for the provision of home health nursing services, in-home hospice care services, therapy staffing services and nurse practitioner medical services to patients and customers (collectively, the "Business"); and

WHEREAS, Amedisys has offered, and Loverich has accepted, the positions of Principal Accounting Officer and Treasurer.

NOW THEREFORE, in consideration of the premises, as well as other mutual promises and covenants contained in this Agreement, the parties hereto agree as follows:

1.Incorporation of Recitals.  

1.1Recitals.  The above recitations are incorporated herein by this reference.

2.Performance of Duties.  

2.1Duties.  Loverich shall perform such duties as are usually performed by the chief accounting officer of a publicly-traded company similar in size and scope to the Company.  Loverich shall also perform such other reasonable additional duties as may be prescribed from time to time by the Company's Board of Directors, consistent with the expectation of the Company and the Company's operations and taking into account Loverich's expertise and job responsibilities, including but not limited to adherence to internal compliance policies, regulatory agency rules and regulations and applicable Federal and State laws.  Loverich shall have the titles of Principal Accounting Officer and Treasurer and shall report directly to the Company's Chief Executive Officer or his designee.  Loverich's former title of Senior Vice President of Accounting and Corporate Controller shall be retired.  Nothing herein shall prohibit or restrict the Company's Board of Directors or Chief Executive Officer from changing the title and job responsibilities of Loverich, in their discretion, as may be necessitated by the ongoing conduct of the Company's Business. 

 

	Devotion of Time.  Loverich agrees to devote his full time and attention to the business affairs of the Company to the extent necessary to discharge the responsibilities assigned to him and to use his reasonable best efforts to perform faithfully and efficiently such responsibilities.

	Interim Assumption of Duties of "Principal Financial Officer."  As of the date of this Agreement, Gregory Browne has resigned as the Company's Chief Financial Officer.  Until such date that the Company's Board of Directors appoints a new Chief Financial Officer (as such term is defined in the Company's Bylaws) or until such earlier or later date as determined by the Board of Directors, Loverich (contingent upon his continued employment with the Company as its Principal Accounting Officer) shall (i) serve as the Company's "principal financial officer" for purposes of executing the certifications required by Rule 13a-14(a) under the Securities Exchange Act of 1934 (the "1934 Act") and the certifications required by Section 1350 of Chapter 63 of Title 18 of the United States Code, (ii) be considered an "officer" for purposes of Section 16 of the 1934 Act and (iii) function as the authorized signatory for the monthly financial statement reports and other certifications required to be delivered to the lenders under the Company's Credit Agreement dated July 11, 2005, with Wachovia National Bank and the other lenders thereunder, as amended.

	Term of Employment.  This Agreement shall be effective as of the execution hereof and shall continue for an indefinite period of time, subject to the provisions of Section 5 hereto, it being expressly understood and agreed to by the parties that the employment relationship between the Company and Loverich shall be considered "at will."

	Compensation.  

	Base Salary.  In consideration of Loverich's employment, Company shall pay Loverich an annual salary in the amount of One Hundred Fifty Thousand and No/100 Dollars ($150,000.00), which amount shall be payable in twenty-six (26) biweekly payments according to the Company's regular payroll distribution schedule, subject to applicable withholding and other taxes.  Loverich is eligible to receive annual salary adjustments in conformity with Amedisys company policies.

	Bonus.  Loverich shall be eligible for a bonus in accordance with the terms of the Company's Corporate Incentive Plan in an amount up to 40% of his annual base salary.

	Incentive Compensation.  As soon as practicable after the execution date of this Agreement, Loverich and the Company shall enter into a restricted stock Agreement (the "Restricted Stock Agreement") pursuant to the terms of the Company's 1998 Stock Option Plan (which governs the terms of all equity-based incentive compensation awarded to Company employees).  The Restricted Stock Agreement shall provide that Loverich be granted 10,000 shares of restricted stock.  The shares of restricted stock shall vest according to the following schedule: 3,333 shares shall vest on the day before the fourth anniversary of the execution date of the Restricted Stock Agreement; 3,333 shares shall vest on the day before the fifth anniversary of the execution date of the Restricted Stock Agreement; and 3,334 shares shall vest on the day before the sixth anniversary of the execution date of the Restricted Stock Agreement.  The Restricted Stock Agreement shall also provide that if Loverich is terminated by the Company for cause (as defined in Section 5, below) or if Loverich voluntarily terminates his employment with the Company, he shall forfeit his right to all unvested shares of restricted stock in accordance with the forfeiture terms of the Restricted Stock Agreement.  

	Temporary Living Expenses.  The Company shall pay Loverich's Temporary Living Expenses (as defined below) for a period of one year from the date of this Agreement.  Upon written approval of the Company's Chief Executive Officer, this term may be extended for an additional one-year period, expiring on the second anniversary of this Agreement.  For purposes of this Agreement, "Temporary Living Expenses" shall include (i) monthly rent/mortgage payments (in an amount no greater than $1,500) and (ii) monthly utility/services payments (sewerage and water, trash pick-up, electricity, cable television, high-speed internet service and maid/cleaning service).  Loverich shall also be reimbursed by the Company (in an aggregate amount no greater than $10,000) for furniture purchased by him in connection with his relocation to the Baton Rouge metropolitan area.  Such furniture must be purchased within three months of the date of this Agreement.  It is acknowledged and understood that Loverich is solely responsible for the payment of all federal and state taxes associated with the Temporary Living Expense payments.  In the event Loverich relocates to Baton Rouge, Louisiana during the one year period from the date of this Agreement (or, if applicable, during the additional one-year period described above if it is implemented at the discretion of the Company's Chief Executive Officer), the Company shall continue to make such monthly payments until the expiry of such period.

	Termination of Employment.  Loverich's employment may be terminated at any time in accordance with, and subject to, the following terms and conditions:

	Termination by Company.  The Company shall have the right to terminate Loverich's employment, with or without cause, at any time and subject to the sole discretion of the Company.  

	Termination of Employment for Cause.  The Company may terminate Loverich's employment if such termination is for "cause," which shall specifically include, but shall not be limited to the following occurrences:

	A material default or breach by Loverich of any of the provisions of this Agreement which breach is detrimental to the Company or the Business;

	Actions by Loverich constituting fraud, abuse, or embezzlement;

	Intentionally furnishing materially false, misleading, or ommissive information to the Company's Chief Executive Officer, Chief Operating Officer, or Chief Financial Officer, or to the Company's Board of Directors or any committee thereof (specifically including the Company's Audit Committee and/or Compliance Committee);

	Actions constituting an intentional breach of the confidentiality of the Business and/or trade secrets of the Company;

	Violation of the restrictive covenants contained in this Agreement; and

	Willful failure to follow reasonable and lawful directives of the Company's Chief Executive Officer or Board of Directors, which are consistent with Loverich's job responsibilities and performance.

	Effect of Termination of Employment for Cause.  In the event that the Company terminates the employment of Loverich for cause, Loverich shall cease to be an employee of Company and shall cease to have any power or authority of his position as of the effective date of the termination.  In such event, Loverich shall forfeit any unearned salary or other compensation, and the Company shall be relieved of any further obligation under this Agreement.  In such event, Loverich shall also not be entitled to receive Severance Compensation (as defined in Section 5.3, below).  Notwithstanding the foregoing, in the event that Loverich is terminated for cause, Loverich shall nonetheless remain bound by the provisions of Sections 7 and 8 hereto and shall continue to abide by its restrictions for the duration provided therein.

	Effect of Termination of Employment Without Cause or upon a Change In Control.  

	In the event that the Company terminates the employment of Loverich without cause or if Loverich's employment is terminated by the Company or by the acquiring surviving entity upon a Change of Control (as defined below), Loverich shall cease to be an employee of Company and shall cease to have any power or authority of his position as of the effective date of the termination.  In such event, the Company will discontinue compensation payments (as outlined in Section 4 herein) to Loverich and shall be relieved of further obligation to Loverich under this Agreement, except for the obligation to provide Severance Compensation to Loverich pursuant to Section 5.3 below.  Loverich shall at all times remain bound by the provisions of Sections 7 and 8 hereto and shall continue to abide by its restrictions for the duration provided therein.  

	For purposes of this Agreement, a "Change in Control" is the acquisition by any person, entity or "group" within the meaning of Section 13(d) or 14(d) of the Securities Exchange Act of 1934 (the "Exchange Act") of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of fifty-one (51%) percent or more of either the then outstanding shares of the Company's common stock or the combined voting power of the Company's then outstanding voting securities entitled to vote generally in the election of directors; provided however, purchase by underwriters in a firm commitment public offering of the Company's securities or any securities purchased for investment only by professional investors shall not constitute a Change of Control.

	In the event that Loverich's employment is terminated by the acquiring surviving entity upon a Change of Control, all unvested equity-based compensation (for example, stock options, restricted stock, stock appreciation rights, etc.) previously awarded to Loverich under the terms of any employee stock incentive plan adopted by the Company shall immediately vest and shall automatically become exercisable or transferable, as the case may be.

5.2.Termination of Employment by Loverich.  Loverich may terminate his employment with the Company upon ninety (90) days written notice to the Company.  Such notice shall set forth in sufficient detail the reasons underlying said termination.  In such event, Loverich shall cease to be an employee of Company and shall cease to have any power or authority of his position as of the effective date of termination (i.e., ninety (90) days following submission of notice) or such earlier time as the Company may elect in its sole discretion; at which time the Company shall be relieved of further obligation to Loverich, including the payment of further compensation as outlined in Section 4 herein.  In the event that Loverich terminates his employment with the Company, the Company may but shall have no obligation to issue Severance Compensation to Loverich pursuant to Section 5.3 below.  Notwithstanding the foregoing, Loverich agrees to remain bound by the provisions of Sections 7 and 8 hereto upon voluntary termination of his employement, and shall continue to abide by its restrictions for the duration provided therein.

5.3Severance Compensation.  In the event that the Company is obligated to (pursuant to Section 5.1 above) or agrees to (pursuant to Section 5.2 above) provide Loverich Severance Compensation, Loverich hereby agrees that any such Agreement or obligation on the part of Company shall be conditioned upon and subject to Loverich's execution of a Severance Agreement addendum to this Agreement (hereinafter referred to as "Severance Agreement") which shall contain all terms and conditions governing Loverich's ongoing entitlement to receipt of, specifically including but not limited to any restrictive covenants contained therein.  In such circumstances, Loverich shall be entitled to Severance Compensation in an amount equal to twelve (12) months of Loverich's salary as set forth in Section 4.1 hereto, (hereinafter referred to as "Severance Compensation"), payable in one lump sum on the date Loverich's employment is terminated.  Should, for any reason, Loverich refuse or fail to timely execute the Severance Agreement as presented by the Company, Loverich shall be deemed to have foregone the entirety of Severance Compensation otherwise due or offered to him, and Loverich shall not be entitled to any further compensation from Company.

	Representations by Loverich.  Loverich hereby represents to the Company that he is physically and mentally capable of performing his duties hereunder and he has no knowledge of present or past physical or mental conditions that would cause him not to be able to perform his duties hereunder.  Loverich further represents to the Company that he has never been convicted of any criminal offense or found (either through adjudication or settlement) civilly liable for any violation of any federal or state health care fraud or abuse law.  Loverich further represents to the Company that he has not been sanctioned, excluded, debarred, suspended, or otherwise prohibited from participation in a federal health care program pursuant to the provisions of 42 U.S.C. Section 1320a et seq. 

	Confidentiality and Non-Disclosure of Information.

	Confidentiality.  Loverich shall not, during his employment with the Company or at any time thereafter, divulge, disclose, communicate, furnish, distribute, or make available or accessible to anyone, without the Company's prior written consent, any knowledge or information with respect to any confidential or secret aspect or trade secret of the Company or its Business which, if disclosed, could reasonably be expected to have a material adverse effect on the Company or its Business (the "Confidential Information").

	Ownership of Information.  Loverich recognizes that any and all Confidential Information and copies or reproductions or portions thereof relating to the Company's operations and activities made or received by Loverich in the course of his employment are and shall be the exclusive property of the Company, and Loverich holds and uses same as trustee and a fiduciary for the Company and, at all times, subject to the Company's sole control; and Loverich will deliver same to the Company at the termination of his employment, or earlier if so requested by the Company in writing.  All of such Confidential Information, and/or any portion(s) thereof, which if lost or used by Loverich outside the scope of his employment, could cause irreparable and continuing injury to the Company and its Business for which there may not be an adequate remedy at law, and for which the Company is entitled to secure the relief afforded in Section 9, in addition to any other right or remedy available under law, equity, or this Agreement.  Accordingly, Loverich acknowledges that compliance with the provisions of this Section 7 is necessary to protect the goodwill and other proprietary interests of the Company and is a material condition of employment. 

	Restrictive Covenants.

	Non-Solicitation/Non-Tamper Covenants.  As an inducement to cause the Company to enter into this Agreement, and for all consideration contained herein and afforded hereby, Loverich covenants and agrees that during his employment and for a period of twenty-four (24) months after he ceases to be employed by the Company, regardless of the manner or cause of termination:

	Solicitation of Business.  He will not initiate any contact with, call upon, solicit business from, sell or render services to any client, referral source, or patient of the Company or any affiliate of the Company within the area in which such entities conduct business, a descriptive list of which is included in Schedule A, which is attached hereto and expressly incorporated herein (hereinafter referred to as "Restricted Areas"), for or on behalf of himself or any business, firm, proprietorship, corporation, partnership, company, association, entity, or venture primarily engaged in the Business (hereinafter referred to as a "Competing Business"), and Loverich shall not directly or indirectly aid, assist, or consult with any other person, firm, or organization to do any of the aforesaid acts.

	Solicitation of Employees.  He will not directly or indirectly, as principal, agent, owner, partner, stockholder, member, officer, director, employee, independent contractor, representative, or consultant of any Competing Business, or in any individual or representative capacity hire or solicit, directly or indirectly, or to cause (an)other(s) to hire or solicit, directly or indirectly,  the employment of any officer, agent, employee (inclusive of nurses, sales persons, office staff, or corporate personnel) of the Company or any affiliate of the Company, for the purpose of causing said individual(s) to terminate employment with the Company or any affiliate of the Company and be employed by such Competing Business.

	The parties acknowledge that the Business is rapidly expanding, and it is the parties' intent that Loverich's responsibilities extend to the entirety of the service area in which the Company conducts business; and in order to prevent ongoing, repetitious amendments to this agreement solely for the purpose of updating the Restricted Areas, the parties agree that the Restricted Areas, inclusive of Schedule A shall be self-amending to include all counties and States in which the Company conducts business at any time during Loverich's tenure with the Company, and in no event shall such Restricted Area be less than that contained in Schedule A.   In the event Company's service area extends into counties and/or States beyond those specifically denominated in Schedule 8A, the parties intend and agree that Loverich's continued employment thereafter shall serve as the parties' constructive acceptance of an amendment to the Restricted Areas. 

	Employment Covenant.  As an inducement to cause the Company to enter into this Agreement, and for other consideration contained herein, Loverich covenants and agrees that during his employment, and for a period of twenty-four (24) months after he ceases to be employed by the Company, regardless of the manner or cause of termination:  He will not accept, engage, or commence employment with, or consult, contract, or otherwise provide services to any Competing Business within the Restricted Areas.  Loverich acknowledges, represents, and agrees that such restriction does not nor will not preclude him from earning a livelihood.

	Material Violation.  A proven material violation of this Section 8 shall constitute a material and substantial breach of this Agreement and shall result in the imposition of the Company's remedies contained in Section 9 herein.  Loverich acknowledges, represents, and agrees that proof of such personal solicitation by Loverich of any employee, client, referral source, or patient shall constitute absolute and conclusive evidence that Loverich has substantially and materially breached the provisions of this Agreement.

	Covenants.  It is understood by and between the parties that the covenants set forth in Sections 7 and 8 are essential elements of this Agreement, and that, but for the Agreement of Loverich to comply with such covenants, the Company would not have entered into this Agreement.  Such covenants by Loverich shall be construed as Agreements independent of any other provision of this Agreement and the existence of any claim or cause of action Loverich may have against the Company, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement by the Company of these covenants.

	Loverich Default and Deferred Compensation.  In the event that Loverich breaches any of the covenants set forth in Sections 7 and 8, in addition to any other remedy of which the Company may be entitled to avail itself, Loverich shall return to the Company any Severance Compensation already paid to Loverich at the time of said breach, and all of Loverich's rights to receive any portion of his Severance Compensation not already paid to him shall immediately terminate.  The right to receive unpaid Severance Compensation will not be reinstated notwithstanding any cessation by Loverich of any breach by him of the covenants in Sections 7 and 8.

9.Remedies.  Loverich hereby acknowledges, covenants, and agrees that in the event of a material default or breach under this Agreement, in addition to any other remedy set forth herein:

	Scope of Remedies.  Loverich acknowledges that the Company may suffer irreparable and continuing damages as a result of such breach and that its remedy at law will be inadequate.  Loverich agrees that in the event of a violation or a breach of this Agreement, in addition to any other remedies available to it, the Company shall be entitled to an injunction restraining any such default or any other appropriate decree of specific performance, without the requirement to prove actual damages or to post any bond or other security, and the Company shall also be entitled to any other equitable relief the court deems proper.

	Non-Exclusivity of Remedies.  Any and all of the Company's remedies described in this Agreement shall not be exclusive, both as among themselves and as applied with other modes of legal redress, and shall be in addition to any and all other remedies which the Company may have at law, contract, or in equity, including, but not limited to, the right to monetary damages. 

10.Additional Benefits.  

	Paid Time Off.  Loverich shall be entitled to paid time off based upon years of service in accordance with Company policy.  In addition, Loverich shall be entitled to paid time off for Company holidays, as established by the Company's Board of Directors.  

	Reimbursement of Expenses.  Loverich is entitled to incur reasonable travel and other expenses in connection with the Business and the performance of his duties under this Agreement.  The Company shall reimburse Loverich for all reasonably incurred business expenses.  All reimbursable travel expenses shall be in accordance with Company policy.

	Participation in Employee Benefit Plans.  Until the termination of his employment in accordance with Section 5 herein, Loverich shall be entitled to participate in any employee benefit plan (including but not limited to life insurance plans, long-and short-term disability, incentive compensation plans, group hospitalization, health, dental care plans, profit sharing and pension plans, and other benefit plans), as may be adopted or amended by the Company from time to time. 

	Directors' and Officers' Insurance; Indemnity.  From the date of this Agreement, the Company shall name Loverich as a covered participant under the Company's directors' and officers' liability insurance policy, and the Company will not reduce such coverage except as part of a reduction applicable to all officers of the Company.  Further, Loverich shall also be covered under the Company's indemnification arrangements for its officers. 

11.Severability/Savings Clause.  The invalidity of any one or more of the words, phrases, sentences, clauses, sections, subdivisions, or subparagraphs contained in this Agreement shall not affect the enforceability of the remaining portions of this Agreement or any part thereof, all of which are inserted conditionally on their being legally valid.  If any court of competent and proper jurisdiction finds that this Agreement is overly broad or otherwise unenforceable, for any reason whatsoever, then it is hereby agreed that this Agreement shall be reduced and/or amended so as to render it enforceable to the fullest extent allowable under the applicable law, and that any court of competent jurisdiction shall have the power to alter the scope of any provision herein in order that said provision would be made legal and enforceable upon the effectiveness of said alteration.  Further, all parties hereby agree that such revisions and alterations shall be effective and binding as if they were in existence as of the effective date of this Agreement and continuously thereafter.   

12.Successors/Assigns

	Successors.  This Agreement shall be binding upon all the parties hereto and their successors and assigns.  For purposes of this Agreement, the term "successor" of Company shall include any person or entity that, whether directly or indirectly, and/or whether by purchase, merger, consolidation, operation of law, assignment, or otherwise acquires or controls (with or without the consent of the Company's stockholders): (i) all or substantially all of the assets of Company or (ii) fifty-one percent (51%) or more of the total voting capital stock of the Company, and was not affiliated with or in common control of Company as of the date of this Agreement. 

	Assignment.  This Agreement shall be non-assignable by either Company or Loverich without the written consent of the other party, it being understood that the obligations and performance of this Agreement are entirely and wholly personal in nature.

13.Miscellaneous Provisions.

	Amendment.  No amendment, waiver, or modification of this Agreement or any provisions of this Agreement shall be valid unless in writing and duly executed by both parties.

	Binding Agreement.  This Agreement shall be binding and inure to the benefit of the parties and their respective heirs, legal representatives, successors, and assigns.

	Waiver.  Any waiver by any party of any breach of any provision of this Agreement shall not be considered as or constitute a continuing waiver or waiver of any other breach of any provision of this Agreement.

	Captions.  Captions contained in this Agreement are inserted only as a matter of convenience or for reference and in no way define, limit, extend, or describe the scope of this Agreement or the intent of any provisions of this Agreement.

	Interpretation.  No inference or interpretation of the provisions of this Agreement shall be made based on the authorship of this document by any particular party.

	Attorneys' Fees.  In the event of any litigation arising out of this Agreement, the prevailing party shall be entitled to recover from the other party its attorneys' fees and costs, including those attorneys' fees and costs incurred on appeal.

	Prior Agreements.  This Agreement supersedes and replaces all prior Agreements between the parties hereto (written or oral) dealing with the subject matter hereof.

	Governing Law and Forum.  This Agreement shall be governed by, and interpreted in accordance with, the laws of the State of Louisiana.  The parties stipulate and agree that venue and jurisdiction for any controversies, disputes, or legal proceedings involving or arising out of this Agreement shall be proper in the Nineteenth Judicial District Court in the Parish of East Baton Rouge, State of Louisiana.

	Execution.  It is the intention of the parties hereto that this Agreement will not be valid and binding upon the parties hereto until such time as this Agreement is executed by both parties in accordance herewith.  

[Signature page follows]

IN WITNESS WHEREOF, the parties have signed and executed this Agreement as of the day and year first written hereinabove.

 

AMEDISYS, INC.

 

By:  _/s/ William F. Borne________

William F. Borne

Chief Executive Officer

 

LOVERICH

 

/s/ Donald Loverich, Jr.

Donald Loverich, Jr.

SCHEDULE A

RESTRICTED AREA

See next page

 

 

 

 

 

 

RESTRICTED AREA

 

Alabama Counties

AutaugaBaldwinBibbBlountBullock ButlerCalhounChambersCherokeeChilton

ChoctawClarkeClayCleburneCoosa

CrenshawCullmanDallasDeKalbElmore

EscambiaEtowahFayetteGreeneHale

JacksonJeffersonLamarLimestone              Lowndes

Macon MadisonMarengoMarionMarshall

MobileMonroeMontgomeryMorganPerry

PickensPikeRandolphShelbySt. Clair

SumterTalladegaTallapoosaTuscaloosaWalker

WashingtonWilcoxWinston

 

Arkansas Counties

CrawfordFranklinJohnsonLogan             Sebastian

Washington

Florida Counties

AlachuaBakerBayBradfordBrevard

BrowardCalhounCharlotteCitrusClay

CollierColumbiaDeSotoDixieDuval

FlaglerFranklinGadsdenGilchristGlades

GulfHardeeHendryHernando              Wakulla HighlandsHillsboroughHolmesJackson              Jefferson LafayetteSeminoleDadeWashingtonVolusia

LakeLeeLeonLevyLiberty

MadisonManateeMarionMartinMiami-

NassauOrangeOsceolaPalm BeachPasco

PinellasPolkPutmanSarasota

St. JohnsSumterSuwanneeTaylorUnion

 

Georgia Counties

BaldwinBanksBarrowBartowBibb

ButtsCarrollCatoosaChattooga             Cherokee

ClarkeClaytonCobbColumbiaCoweta

CrawfordDadeDawsonDeKalbDouglas

ElbertFanninFayetteFloydForsyth

FranklinFultonGilmerGordonGreene

GwinnettHabershamHallHartHeard

HenryJacksonJasperJonesLamar

LowndesLumpkinMadison MeriwetherMonroe

MorganMurrayNewtonOconee

PauldingPickensPikePolkRabun

RichmondRockdaleSchleySpalding               Stephens Oglethorpe

TaylorTownsTroupUnionUpson

WalkerWaltonWhiteWhitfield

 

Illinois Counties

EdwardsHamiltonHardinGallatinLawrence

RichlandSalineWabashWayne

White

Indiana Counties

BooneClarkCrawfordDaviesDubois

FloydGibsonHancockHamiltonHarrison

HendricksJeffersonJohnsonKnoxMarion

MartinMorganPerryPikePosey

ScottShelbySpencerVanderburghWarrick

Washington

Kentucky Counties

AndersonBathBooneBullittCampbell

ClarkFayetteHendersonHenryJefferson

JessamineKentonMenifeeMontgomeryOldham

ScottShelbySpencerTrimbleWoodford

 

Louisiana Parishes

AcadiaAllenAscensionAssumptionAvoyelles

BeauregardCaldwellCarrollCatahoulaClaiborne

ConcordiaEast Baton RougeEast BienvilleEast FelicianaEvangeline

FranklinGrantIberiaIbervilleJackson

JeffersonJefferson DavisLafayetteLafourcheLaSalle

LincolnLivingstonNorth East WinnNorth LaSalleNorth St. Martin

North West MadisonNorth West TensasMorehouseNatchitochesOrleans

OuachitaPlaqueminesPoint CoupeeRapidesRichland

St. BernardSt. CharlesSt. HelenaSt. JamesSt. John

St. John the BaptistSt. LandrySt. MartinSt. MarySt. Tammany

TangipahoaTensasTerrebonneUnionVermillion

VernonWashingtonWest Baton RougeWest CarrollWest Feliciana

West IberiaWinn

Maryland Counties

Anne ArundelBaltimoreBaltimore CityPrince George's

 

Mississippi Counties

ClaiborneCopiahCovingtonForrestGeorge

HindsIssaquenaJacksonJasperJefferson

Jefferson DavisJonesHancockHarrisonLamar

LawrenceMarionPearl RiverPerrySharkey

SimpsonSmithStoneWalthallWarren

WayneYazoo

North Carolina Counties

AlamanceCaswellChathamDavidsonDavie

DurhamForsythFranklinGranvilleGuilford

HarnettJohnstonLeeMooreNash

OrangePersonRandolphRockinghamStokes

SurryVanceWakeYadkin

 

Ohio Counties

ButlerClarkClermontClintonDarke

GreeneHamiltonMiamiMontgomeryPreble

Warren

 

OklahomaCounties

AdairAlfalfaAtokaBlaineBryan

CaddoCanadianCarterCherokeeCleveland

CoalComancheCottonCraigCreek

DelawareGarfieldGarvinGradyGrant

HaskellHughesJacksonJeffersonJohnston

KayKingfisherKiowaLatimerLeflore

LincolnLoganMajorMarshallMayes

McClainMcCurtainMcIntoshMurrayMuskogee

NobleNowataOkfuskeeOklahomaOkmulgee

OsageOttawaOttawa RogersPawneePayne

PittsburgPontotocPottawatomiePushmatahaRogers

SeminoleSequoyahStephensTillmanTulsa

WagonerWashington

South Carolina Counties

AbbevilleBeaufortBerkleyCalhounCharleston

ColletonDorchesterEdgefieldGeorgetownGreenville

GreenwoodHamptonHorryJasperLaurens

LeeLexingtonNewberryOrangeburgRichland

SumterWilliamsburg

Tennessee Counties

AndersonBedfordBentonBledsoeBlount

BradleyCampbellCannonCarrollCater

CarterCheathamChesterClaiborneClay

Cocke CoffeeCrockettCumberlandDavidson

DecaturDeKalbDicksonDyerFayette

FentressFranklinGibsonGilesGrainger

GreeneGrundyHamblenHamiltonHancock

HardemanHardinHawkinsHaywoodHenderson

HenryHickmanHoustonHumphreysJackson

JeffersonJohnsonKnoxLauderdaleLawrence

LewisLincolnLoudonMaconMadison

MarionMarshallMauryMcMinnMcNairy

MeigsMonroeMontgomeryMooreMorgan

ObionOvertonPickettPolkPutnam

RheaRoaneRobertsonRutherfordScott

SevierSequatchieShelbySmithStewart

SullivanSumnerTiptonTrousdaleUnicoi

UnionVan BurenWarrenWashingtonWeakley

WhiteWilliamsonWilson

Texas Counties

AransasAtascosaBeeBrazoriaBrooks

ChambersCollinCookeDallasDenton

DuvalEllisFanninFort BendGalveston

GoliadGraysonGrimesHarrisHood

HoustonHuntJim HoggJim WellsJohnson

KarnesKaufmanKennedyKlebergLasalle

LibertyLive OakMcMullenMontagueMontgomery

NuecesParkerRainsRefugioRockwall

San JacintoSan PatricioTarrantTrinityVan Zandt

WalkerWallerWashingtonWebbWise

Virginia Counties

AlbemarleAlleghanyAmeliaBedfordBedford City

BoutetourtBrunswickBuchananBuckinghamBristol

CampbellCarolineCharles CityCharlotteCharlottesville City

Chesapeake (City)ChesterfieldColonial HeightsCovingtonCraig

CumberlandDanvilleDickinsonDinwiddieEssex

FluvannaFloydFranklinGloucesterGoochla

GreeneGreensvilleHampton (City)HanoverHenrico

HenryHopewellIsle of WightJames CityKing and Queen

King WilliamLeeLouisaLunenburgLynchburg City

MecklenburgMontgomeryNelsonNew KentNewport News (City)

NorfoldNortonNottowayOrangePatrick

PetersburgPittsylvaniaPoquoson (City)Portsmouth (City)Powhatan

Prince EdwardPrince GeorgePulaskiRadfordRichmond City

RoanokeRussellSalemScottSmyth Suffolk (City)SurrySussexTazewellVirginia Beach (City)

WashingtonWilliamsburg CityWiseYork

SEVERANCE AGREEMENT ADDENDUM

 

THIS SEVERANCE AGREEMENT (this "Agreement") entered into as of the _______ day of _______________________________, 200_____, ("Effective Date") by and between Amedisys Inc., a corporation organized under the laws of the State of Delaware, ("Company") and Don Loverich, Jr. ("Employee"), a person of the full age of majority.

	Severance of Relationship.  Effective as of the date first written above, Employee shall no longer be employed by Company or any of its affiliates ("Termination").

	Severance Compensation.   In consideration of the obligations contained herein, Company shall pay Employee severance compensation in an aggregate amount equivalent Employee's regular compensation for a period of one- (1) year, said payments to be made in equal, bi-weekly payments in accordance with normal Company payroll practices, and to begin on the payroll distribution date following the payroll distribution in which Employee receives compensation for the last period actually worked plus accrued Paid Time Off (PTO) payout, or the first payroll distribution thereafter following Employee's execution of this Agreement ("Severance Compensation").  Employee acknowledges that all Severance Compensation paid pursuant this Agreement will be subject to all applicable federal and state tax withholdings and deductions.  

3.  Obligations of Employee

	Employee agrees to return, upon termination, or as shortly thereafter as reasonably possible or necessary, as determined by Company, all property of Company in Employee's possession, including but not limited to, keys to any Company building or office, pager, computer equipment, books, manuals, office equipment, and office supplies.

	Employee shall not divulge, furnish or make accessible to anyone, without Company's prior written consent, any knowledge or information with respect to any confidential or secret aspect of Amedisys' business or the business of any Amedisys affiliate or subsidiary, which, if disclosed, could reasonably be expected to have a material adverse effect on Company's business ("Confidential Information").  Employee recognizes that all Confidential Information and copies or reproductions thereof, relating to Company's operations and activities, or the operations and activities of any Company affiliate, made or received by Employee in the course of his/her employment are the exclusive property of Company and/or its affiliates, as the case may be.  All of such Confidential Information, which if misappropriated or used by Employee to the detriment of Company, could cause irreparable and continuing injury to Company's business for which there may not be an adequate remedy at law.  Employee acknowledges that compliance with the provisions of this Section is necessary to protect the goodwill and other proprietary interests of Company and its affiliates and is a material condition of this Agreement.

	Employee agrees not to disclose, either directly or indirectly, any information regarding the existence or substance of this Agreement to any person or party, except to an attorney or accountant retained by Employee, or under direction of subpoena or court order.

d.In consideration of the Severance Compensation obligation of Amedisys herein, Employee covenants and agrees that, for a period of twenty-four (24) months from the Effective Date of this Addendum, he will continue to abide by the Restrictive Covenants contained in Section 8 of Loverich's Employment Agreement, which are expressly incorporated herewith and made a part of this Addendum.

e.Employee shall not speak negatively regarding Company or any affiliate thereof, or otherwise cause destruction to the good will or going concern of Company's business, or the business of any Company affiliate.

	Employee agrees to forever hold Company and/or any Company affiliate and/or subsidiary harmless for, from, and against any claim(s), liability(s), damage(s), or cause(s) of action Employee may have against such entities, arising out of Employee's employment with and separation of employment from Company and/or any Company affiliate, including but not limited to, any action for wrongful termination, any action for breach of contract, any action under the Older Worker Benefit Protection Act, Title VII of the Civil Rights Act of 1964, as amended, the Age Discrimination in Employment Act (ADEA), the Worker Adjustment and Retraining Notification Act (WARN), or any action under any other federal or state law pertaining to any form of discrimination.

4.Remedies

	It is understood by and between the parties that the foregoing covenants contained in Section 3 are essential elements of this Agreement, and that but for the Agreement of Employee to comply with such covenants, Company would not have entered into this Agreement.  Such covenants by Employee shall be construed as agreements independent of any other provision of this Agreement and the existence of any claim or cause of action Employee may have against Company whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement by Company of these covenants.

	If Employee breaches any requirement of Section 3 hereinabove, in addition to any other remedy to which the Company may be entitled, all of Employee's rights to receive any portion of the severance compensation not already paid to Employee shall terminate, and Employee shall be deemed to have so waived such rights.  The right to receive unpaid severance compensation will not be reinstated notwithstanding any cessation by Employee of her breach of Section 3.

	Employee hereby acknowledges, covenants and agrees that in the event of a material default or breach by Employee under this Agreement:

	Company may suffer irreparable and continuing damages as a result of such breach and its remedy at law will be inadequate.  Employee agrees that in the event of a violation or breach of this Agreement, in addition to any other remedies available to it, Company shall be entitled to an injunction restraining any such default or any other appropriate decree of specific performance, with the requirement to prove actual damages or to post any bond or any other security being waived, and to any other equitable relief the court deems proper; and

	Employee shall be obligated to pay all costs incurred by Company in the enforcement of this Agreement, including but not limited to attorneys' fees and court costs.

	Any and all of Amedisys' remedies described in this Agreement shall not be exclusive and shall be in addition to any other remedies which Amedisys may have at law or in equity including, but not limited to, the right to monetary damages.

5.Miscellaneous

a. Time to Consider Agreement/Right to Revoke Acceptance

	Employee represents and certifies that he/she has carefully read and fully understands all of the provisions and effects of the Agreement.  Employee represents that he/she has been advised by Company to seek legal advice of counsel regarding the Agreement prior to executing same and that he/she has been afforded a reasonable time, not less than twenty-one (21) days, in which to seek this advice.  Employee further represents that he/she is voluntarily entering into the Agreement and that neither Company nor any affiliate thereof, nor any of their respective agents, representatives, or attorneys have made any representations other than those set forth herein. 

	Employee understands that for a period of seven (7) days after execution of the Agreement, Employee will retain the right to revoke the Agreement.  Employee further understands that the Agreement shall not become effective or enforceable until the seven (7) day revocation period has expired.

	The Agreement does not attempt to waive any claims that may arise after its date of execution.  The Agreement is intended to be construed as broadly as possible and is intended to cover Employee's entire period of employment by Company and any of Company's owners, managers, predecessors, successors, or their respective affiliates.

b.Amendment.  No amendment, waiver or modification of this Agreement or any provisions of this Agreement shall be valid unless in writing and duly executed by both parties.

c.Successors.  This Agreement shall be binding upon the parties hereto and their successors and assigns.  For purposes of this Agreement, the term "successor" of Company shall include any person or entity, whether direct or indirect, whether by purchase, merger, consolidation, operation of law, assignment, or otherwise acquires or controls: (i) all or substantially all of the assets of Company, or (ii) fifty-one percent (51%) or more of the total voting capital stock, and was not affiliated with or in common control of Amedisys as of the date of this Agreement.

	Assignment.  This Agreement shall be non-assignable by Employee without the written consent of Company, it being understood that the obligations and performance of this Agreement are personal in nature.

	Waiver.  Any waiver by any party of any breach of any provision of this Agreement shall not be considered as or constitute a continuing waiver or waiver of any other breach of any provision of this Agreement.

	Severability.  The invalidity of any one or more of the words, phrases, sentences, clauses, sections, subdivisions, or subparagraphs contained in this Agreement shall not affect the enforceability of the remaining portions of this Agreement or any part thereof, all of which are inserted conditionally on their being legally valid.  If any court of proper jurisdiction finds that this agreement is overly broad or unenforceable for any reason whatsoever, then it is hereby agreed that this Agreement will be reduced or amended to be enforceable to the extent allowable under applicable law, and that any court of competent jurisdiction shall have the power to alter the scope of any provision herein in order that said provision would be made legal and enforceable upon the effectiveness of said alteration.  

	Interpretation.  Should any provision of this Agreement require judicial interpretation, the parties hereto agree that the court interpreting or construing the same shall not apply a presumption that the terms hereof shall be more strictly construed against one party by reason of the rule of construction that a document is to be construed more strictly against the party which itself or through its agent prepared the same.

	Captions.  Captions contained in this Agreement are inserted only as a matter of convenience or for reference and in no way define, limit, extend, or describe the scope of this Agreement or the intent of any provisions of this Agreement.

	Prior Agreements.  Except as may otherwise be provided in Section 8 and Section 9(c) of the Employment Agreement between Amedisys and Loverich, this Agreement supersedes and replaces all prior agreements between the parties hereto dealing with the subject matter hereof.

	Governing Law.  This Agreement shall be governed by the laws of the State of Louisiana, without regard to the conflicts of laws provisions thereof.

	Execution.  It is the intention of the parties hereto that this Agreement will not be valid and binding upon the parties hereto until such time as this Agreement is executed by both parties in accordance herewith.

IN WITNESS WHEREOF, the parties have executed this Severance Agreement as of the day and year first written hereinabove.

 
AMEDISYS INC.

 

 

By:_________________________________

William F. Borne, Chief Executive Officer

 

EMPLOYEE:

 

____________________________________

Don Loverich

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}]]