Document:

EX-10.2

 Exhibit 10.2 
 AMENDMENT TO EMPLOYMENT AGREEMENT 
 This Amendment to Employment
Agreement (“Amendment”) is made and entered into as of April 25, 2012, by and between Acadia Management Company, Inc., a Delaware corporation (the “Company”), and Karen Prince (“Executive”). 

RECITALS 
 A. Executive and the Company entered into that certain Employment Agreement dated as of March 29, 2011 (the “Agreement”). 

B. Executive and the Company desire to modify the Agreement pursuant to the terms of this Amendment. 

In consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, the parties hereto agree as follows: 
 1. Defined Terms. All capitalized terms not defined in this Amendment
shall have the meanings given to such terms in the Agreement. 
 2. Non-Compete; Non-Solicit. Sections 7(a) and 7(b) of the Agreement are
hereby deleted in their entirety and replaced with the following. 
  

	 	(a)	Non-Compete. In further consideration of the compensation to be paid to Executive hereunder, Executive acknowledges that during the course of her employment with
the Company she has and shall become familiar with Holdings’ and the Subsidiaries’ trade secrets and with other Confidential Information concerning Holdings and the Subsidiaries and that his services have been and shall be of special,
unique and extraordinary value to Holdings and the Subsidiaries, and, therefore, Executive agrees that: 

  

	 	(i)	 during the Employment Period and for a period thereafter of six (6) months (the “Noncompete Period”), she shall not (i) directly or
indirectly own any interest in, manage, control, participate in, consult with, render services for, or in any manner engage in any business that derives at least 25% of its gross revenue from the business of providing behavioral healthcare and/or
related services or (ii) directly or indirectly manage, control, participate in, consult with or render services specifically with respect to any unit, division, segment or subsidiary of any other business that engages in or otherwise competes
with (or was organized for the purpose of engaging in or competing with) the business of providing behavioral healthcare and/or related services (provided that, this clause (ii) shall not be construed to prohibit Executive from directly or
indirectly owning any interest in, managing, controlling, participating in, consulting with, rendering services for, or in any manner engaging in any business activities with or for such business generally and, for the avoidance of doubt, not
specifically with respect to such unit, division, segment or subsidiary), in 

	 	
each case, within any geographical area in which Holdings and the Subsidiaries engage in such businesses; provided that Executive shall not be subject to the restrictions set forth in this
Section 7(a)(i) if the Employment Period is terminated by the Company without Cause or by Executive with Good Reason and for so long as the Company is in breach of its obligations under Section 4(b) and such breach is not the subject of a
good faith dispute between the Company and Executive. For purposes of this Agreement, the term “participate in” shall include, without limitation, having any direct or indirect interest in any Person, whether as a sole proprietor, owner,
stockholder, partner, joint venturer, creditor or otherwise, or rendering any direct or indirect service or assistance to any individual, corporation, partnership, joint venture and other business entity (whether as a director, officer, manager,
supervisor, employee, agent, consultant or otherwise). Nothing herein shall prohibit Executive from being a passive owner of not more than 2% of the outstanding stock of any class of a corporation which is publicly traded, so long as Executive has
no active participation in the business of such corporation; and 

  

	 	(ii)	during the Employment Period and for a period thereafter of twelve (12) months, Executive shall not shall not directly or indirectly own any interest in, manage,
control, participate in, consult with, render services for, or in any manner engage in any business with, for or on behalf of Behavioral Centers of America (the “BCA Noncompete Period”); provided that Executive shall not be subject to the
restrictions set forth in this Section 7(a)(ii) if the Employment Period is terminated by the Company without Cause or by Executive with Good Reason and for so long as the Company is in breach of its obligations under Section 4(b) and such
breach is not the subject of a good faith dispute between the Company and Executive. 

  

	 	(b)	Non-Solicit. During the Employment Period and for a period thereafter of twelve (12) months (the “Nonsolicit Period”), Executive shall not
directly or indirectly through another Person (other than on behalf of Holdings and the Subsidiaries) (i) induce or attempt to induce any employee or independent contractor of Holdings or the Subsidiaries to leave the employ or services of
Holdings or the Subsidiaries, or in any way interfere with the relationship between Holdings and the Subsidiaries and any employee or independent contractor thereof, (ii) hire or seek any business affiliation with any person who was an employee
or independent contractor of Holdings or the Subsidiaries at any time during the twelve (12) months prior to the Termination Date or (iii) induce or attempt to induce any customer, supplier, licensee, licensor or other business relation of
Holdings or any Subsidiary to cease doing business with Holdings or such Subsidiary; provided that Executive shall not be subject to the restrictions set forth in this Section 7(b) if the Employment Period is terminated by the Company without
Cause or by Executive with Good Reason and for so long as the Company is in breach of its obligations under Section 4(b) and such breach is not the subject of a good faith dispute between the Company and Executive; and provided further that the
restrictions of this Section 7(b) shall not prohibit, limit or in any way interfere with Executive’s ability to hire or affiliate with Norman K. Carter, III or Robert Swinson. 

  
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 3. Counterparts. This Amendment may be executed in one or more counterparts by the different parties
on separate counterparts and each of which when so executed and delivered shall be an original document but all such counterparts shall together constitute one and the same instrument. 
 4. Conflict. In the event of any conflict between the terms of this Amendment and the terms of the Agreement, the terms of this Amendment shall supersede and be controlling. As modified in this
Amendment, the terms of the Agreement shall continue in full force and effect. 
 [SIGNATURES APPEAR ON THE FOLLOWING PAGE]

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

			
	COMPANY:
	
	Acadia Management Company, Inc.
		
	By:	 	/s/ Christopher L. Howard
	Name:	 	Christopher L. Howard
	Its:	 	Vice President and Secretary

  

	
	EXECUTIVE:
	
	/s/ Karen Prince
	Name: Karen Prince

  
 4EX-10.3

 Exhibit 10.3 
 FIFTH AMENDMENT 
 THIS FIFTH AMENDMENT (this “Amendment”), dated
as of June 15, 2012, to the Credit Agreement referenced below is by and among Acadia Healthcare Company, Inc. (f/k/a Acadia Healthcare Company, LLC), a Delaware corporation (the “Borrower”), the Guarantors identified on the
signature pages hereto, the Lenders identified on the signature pages hereto and Bank of America, N.A., in its capacity as Administrative Agent (in such capacity, the “Administrative Agent”). 

W I T N E S S E T H 
 WHEREAS, revolving credit and term loan facilities have been extended to the Borrower pursuant to the Credit Agreement (as amended, modified, supplemented, increased and extended from time to time, the
“Credit Agreement”) dated as of April 1, 2011, by and among the Borrower, the Guarantors identified therein, the Lenders identified therein and the Administrative Agent; and 

WHEREAS, the Borrower has requested certain modifications to the Credit Agreement and the Required Lenders have agreed to such
modifications to the Credit Agreement on the terms and conditions set forth herein. 
 NOW, THEREFORE, IN CONSIDERATION of the
premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Defined Terms. Capitalized terms used herein but not otherwise defined herein shall have the meanings provided to such terms in the Credit Agreement. 

2. Amendments. The Credit Agreement is amended as follows: 
 2.1 In clause (b) of the definition of Consolidated EBITDA in Section 1.01 of the Credit Agreement the “and” immediately before clause (xxvi) is deleted and replaced with
“;” and new clauses (xxvii) and (xxviii) are added after clause (xxvi) to read “(xxvii) any fees, expenses or charges related to any repayment of Permanent Senior Unsecured Indebtedness with the proceeds of the Equity
Issuance made by the Borrower on May 21, 2012 in an aggregate amount not to exceed $6,900,000 and (xxviii) any non-cash write-off of deferred financing costs and any other non-cash loss related, in each case, to the repayment of Permanent
Senior Unsecured Indebtedness (including refinancings, amendments, waivers or other modifications) permitted hereunder;” 

2.2 In clause (c) of the definition of Consolidated EBITDA in Section 1.01 of the Credit Agreement the “and”
immediately before clause (ii) is deleted and replaced with “;” and a new clause (iii) is added after clause (ii) to read “and (iii) any non-cash gains related to the repayment of Permanent Senior Unsecured
Indebtedness (including refinancings, amendments, waivers or other modifications) permitted hereunder.” 
 2.3
Section 2.05(b)(vi) of the Credit Agreement is amended in its entirety to read as follows: 
 (vi) Equity Issuances.
Immediately upon the expiration of the 180 day period after the receipt by the Borrower or any Subsidiary of the Net Cash Proceeds of any Equity Issuance (other than an Excluded Equity Issuance described in clauses (a), (b) or (e) of such
definition), the Borrower shall prepay the Loans and/or Cash Collateralize the L/C 

 
Obligations in an aggregate amount equal to 50% of the difference between such Net Cash Proceeds and amounts used or expended by the Borrower or any Subsidiary as permitted by clauses
(c) and (d) of the definition of Excluded Equity Issuance. 
 2.4 Section 7.02(a) of the Credit Agreement is
deleted in its entirety and amended to read “[Reserved]”. 
 2.5 Section 8.15 of the Credit Agreement is amended
in its entirety to read as follows: 
 8.15 Capital Expenditures. 

Permit Consolidated Capital Expenditures (a) for the fiscal year ending December 31, 2011, to exceed an amount
equal to four percent (4.0%) of total revenues of the Borrower and its Subsidiaries on a consolidated basis for the immediately preceding fiscal year of the Borrower and (b) for any fiscal year thereafter, commencing with the fiscal year
ending December 31, 2012, to exceed an amount equal to ten percent (10.0%) of total revenues of the Borrower and its Subsidiaries on a consolidated basis for the immediately preceding fiscal year of the Borrower. 

2.6 In Section 8.17(b) of the Credit Agreement clause (ii) is amended to read as follows: 

(ii) the purchase, payment, prepayment or redemption of Permanent Senior Unsecured Indebtedness with up to 50% of the Net Cash Proceeds of
any Equity Issuance so long as such Net Cash Proceeds are used to make such purchase, payment, prepayment or redemption within 120 days of the receipt of such Net Cash Proceeds by the Borrower or any Subsidiary. 

3. Conditions Precedent. This Amendment shall become effective as of the date hereof upon receipt by the Administrative Agent of
counterparts of this Amendment executed by the Borrower, the Guarantors, the Required Lenders and the Administrative Agent. 

4. Amendment is a “Loan Document”. This Amendment is a Loan Document and all references to a “Loan Document”
in the Credit Agreement and the other Loan Documents (including, without limitation, all such references in the representations and warranties in the Credit Agreement and the other Loan Documents) shall be deemed to include this Amendment.

 5. Representations and Warranties; No Default. Each Loan Party represents and warrants to the Administrative Agent and
each Lender that after giving effect to this Amendment (a) the representations and warranties of each Loan Party contained in the Credit Agreement or any other Loan Document, or which are contained in any document furnished at any time under or
in connection with the Credit Agreement or any other Loan Document are true and correct in all material respects on and as of the date hereof, except to the extent that such representations and warranties specifically refer to an earlier date, in
which case such representations and warranties are true and correct in all material respects as of such earlier date, and (b) no Default exists. 
 6. Reaffirmation of Obligations. Each Loan Party (a) acknowledges and consents to all of the terms and conditions of this Amendment, (b) affirms all of its obligations under the Loan
Documents and (c) agrees that this Amendment does not operate to reduce or discharge such Loan Party’s obligations under the Loan Documents. 

  
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 7. Reaffirmation of Security Interests. Each Loan Party (a) affirms that each of
the Liens granted in or pursuant to the Loan Documents are valid and subsisting and (b) agrees that this Amendment does not in any manner impair or otherwise adversely effect any of the Liens granted in or pursuant to the Loan Documents.

 8. No Other Changes. Except as modified hereby, all of the terms and provisions of the Loan Documents shall remain in
full force and effect. 
 9. Counterparts; Delivery. This Amendment may be executed in counterparts (and by different
parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed counterpart of this Amendment by facsimile or other electronic
imaging means shall be effective as an original. 
 10. Governing Law. This Amendment shall be deemed to be a contract
made under, and for all purposes shall be construed in accordance with, the laws of the State of New York. 
 [SIGNATURE PAGES
FOLLOW] 

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

							
	BORROWER:	  	 ACADIA HEALTHCARE COMPANY, INC.,
 a Delaware corporation
	  	
				
		  	By:	  	/s/ Brent Turner	  	
		  	Name:	  	Brent Turner	  	
		  	Title:	  	President	  	
		
	GUARANTORS:            	  	ACADIA MANAGEMENT COMPANY, INC., a Delaware corporation
		  	ACADIA-YFCS HOLDINGS, INC., a Delaware corporation
		  	YOUTH & FAMILY CENTERED SERVICES, INC., a Georgia corporation
		  	ACADIA HOSPITAL OF LONGVIEW, LLC, a Delaware limited liability company
		  	KIDS BEHAVIORAL HEALTH OF MONTANA, INC., a Montana corporation
		  	ACADIA VILLAGE, LLC, a Delaware limited liability company
		  	LAKEVIEW BEHAVIORAL HEALTH SYSTEM LLC, a Delaware limited liability company
		  	ACADIA RIVERWOODS, LLC, a Delaware limited liability company
		  	ACADIA LOUISIANA, LLC, a Delaware limited liability company
		  	ACADIA ABILENE, LLC, a Delaware limited liability company
		  	ACADIA HOSPITAL OF LAFAYETTE, LLC, a Delaware limited liability company
		  	YFCS MANAGEMENT, INC., a Georgia corporation
		  	YFCS HOLDINGS-GEORGIA, INC., a Georgia corporation
		  	OPTIONS COMMUNITY BASED SERVICES, INC., an Indiana corporation
		  	OPTIONS TREATMENT CENTER ACQUISITION CORPORATION, an Indiana corporation
		  	RESOLUTE ACQUISITION CORPORATION, an Indiana corporation
		  	RESOURCE COMMUNITY BASED SERVICES, INC., an Indiana corporation
		  	RTC RESOURCE ACQUISITION CORPORATION, an Indiana corporation
		  	SUCCESS ACQUISITION CORPORATION, an Indiana corporation
		  	ASCENT ACQUISITION CORPORATION, an Arkansas corporation
		  	SOUTHWOOD PSYCHIATRIC HOSPITAL, INC., a Pennsylvania corporation
		  	MEMORIAL HOSPITAL ACQUISITION CORPORATION, a New Mexico corporation
		  	MILLCREEK MANAGEMENT CORPORATION, a Georgia corporation
		  	REHABILITATION CENTERS, INC., a Mississippi corporation
		  	LAKELAND HOSPITAL ACQUISITION CORPORATION, a Georgia corporation
		  	PSYCHSOLUTIONS ACQUISITION CORPORATION, a Florida corporation
		  	YOUTH AND FAMILY CENTERED SERVICES OF NEW MEXICO, INC., a New Mexico corporation
				
		  	By:	  	/s/ Brent Turner	  	
		  	Name:	  	Brent Turner	  	
		  	Title:	  	President	  	

 [SIGNATURE PAGES CONTINUE] 

							
		  	SOUTHWESTERN CHILDREN’S HEALTH SERVICES, INC., an Arizona corporation
		  	 YOUTH AND FAMILY CENTERED SERVICES OF FLORIDA, INC., a Florida corporation

		  	 PEDIATRIC SPECIALTY CARE, INC., an Arkansas corporation

		  	 CHILD & YOUTH PEDIATRIC DAY CLINICS, INC, an Arkansas corporation

		  	 MED PROPERTIES, INC., an Arkansas corporation

		  	 ASCENT ACQUISITION CORPORATION-CYPDC, an Arkansas corporation

		  	 ASCENT ACQUISITION CORPORATION-PSC, an Arkansas corporation

		  	 MEDUCARE TRANSPORT, L.L.C., an Arkansas limited liability company

		  	 PEDIATRIC SPECIALTY CARE PROPERTIES, LLC, an Arkansas limited liability company

		  	 CHILDRENS MEDICAL TRANSPORTATION SERVICES, LLC, an Arkansas limited liability company

		  	 MILLCREEK SCHOOLS INC., a Mississippi corporation

		  	 HABILITATION CENTER, INC., an Arkansas corporation

		  	 MILLCREEK SCHOOL OF ARKANSAS, INC., an Arkansas corporation

		  	 PSYCHSOLUTIONS, INC., a Florida corporation

		  	 WELLPLACE, INC., a Massachusetts corporation

		  	 DETROIT BEHAVIORAL INSTITUTE, INC., a Massachusetts corporation

		  	 RENAISSANCE RECOVERY, INC., a Massachusetts corporation

		  	 PHC OF MICHIGAN, INC., a Massachusetts corporation

		  	 NORTH POINT PIONEER, INC., a Massachusetts

		  	 PHC MEADOWWOOD, INC., a Delaware corporation

		  	 PHC OF UTAH, INC., a Massachusetts corporation

		  	 PHC OF VIRGINIA, INC., a Massachusetts corporation

		  	 PHC OF NEVADA, INC., a Massachusetts corporation

		  	 SEVEN HILLS HOSPITAL, INC., a Delaware corporation

		  	 BEHAVIORAL HEALTH ONLINE, INC., a Massachusetts corporation

		  	 REBOUND BEHAVIORAL HEALTH, LLC, a South Carolina limited liability company

		  	 PSYCHIATRIC RESOURCE PARTNERS, INC., a Delaware limited liability company

		  	 SUNCOAST BEHAVIORAL, LLC, a Delaware limited liability company

		  	 ACADIA MERGER SUB, LLC, a Delaware limited liability company

		  	 HERMITAGE BEHAVIORAL, LLC, a Delaware limited liability company

		  	 HAVEN HOSPITAL HOLDINGS, LLC, a Delaware limited liability company

		  	 HAVEN HOSPITAL HOLDINGS OF TEXAS, LLC, a Delaware limited liability company

		  	 HAVEN HOSPITALS, LLC, a Delaware limited liability company

		  	 RED RIVER HOSPITAL, LLC, a Delaware limited liability company

		  	 SONORA BEHAVIORAL HEALTH HOSPITAL, LLC, a Delaware limited liability company

		  	 ROLLING HILLS PROPERTIES, INC., an Oklahoma corporation

		  	 ROLLING HILLS HOSPITAL, INC., an Oklahoma corporation

				
		  	By:	 	 /s/ Brent Turner
	  	
		  	Name:	 	Brent Turner	  	
		  	Title:	 	President	  	

 [SIGNATURE PAGES FOLLOW] 

							
	ADMINISTRATIVE AGENT:	 		 	BANK OF AMERICA, N.A., as Administrative Agent
				
		 		 	By:	 	/s/ Roberto Salazar
		 		 	Name:	 	Roberto Salazar
		 		 	Title:	 	Vice President

 [SIGNATURE PAGES FOLLOW] 

							
	LENDERS:	 	BANK OF AMERICA, N.A., as a Lender, L/C Issuer and Swing Line Lender
				
		 	By:	 	 /s/ Suzanne B. Smith
	  	
		 	Name:	 	Suzanne B. Smith	  	
		 	Title:	 	Senior Vice President	  	
			
		 	FIFTH THIRD BANK	  	
				
		 	By:	 	 /s/ William D. Priester
	  	
		 	Name:	 	William D. Priester	  	
		 	Title:	 	Senior Vice President	  	
			
		 	CITIBANK, N.A.	  	
				
		 	By:	 	 /s/ Laura Fogarty
	  	
		 	Name:	 	Laura Fogarty	  	
		 	Title:	 	Vice President	  	
			
		 	REGIONS BANK	  	
				
		 	By:	 	 /s/ Gregory M. Ratliff
	  	
		 	Name:	 	Gregory M. Ratliff	  	
		 	Title:	 	Senior Vice President	  	
			
		 	RAYMOND JAMES BANK, N.A.	  	
				
		 	By:	 	 /s/ Alexander L. Rody
	  	
		 	Name:	 	Alexander L. Rody	  	
		 	Title:	 	Senior Vice President	  	
			
		 	ROYAL BANK OF CANADA	  	
				
		 	By:	 	 /s/ Sharon M. Liss
	  	
		 	Name:	 	Sharon M. Liss	  	
		 	Title:	 	Authorized Signatory	  	
			
		 	FIRST TENNESSEE BANK	  	
				
		 	By:	 	 /s/ Cathy Wind
	  	
		 	Name:	 	Cathy Wind	  	
		 	Title:	 	Senior Vice President	  	
			
		 	CAPSTAR BANK	  	
				
		 	By:	 	 /s/ Timothy B. Fouts
	  	
		 	Name:	 	Timothy B. Fouts	  	
		 	 Title:
	 	Senior Vice President	  	

 [SIGNATURE PAGES FOLLOW] 

							
		 	GE CAPITAL FINANCIAL INC.
				
		 	By:	 	 /s/ Heather-Leigh Glade
	  	
		 	Name:	 	Heather-Leigh Glade	  	
		 	Title:	 	Duly Authorized Signatory	  	
			
		 	GENERAL ELECTRIC CAPITAL CORPORATION	  	
				
		 	By:	 	 /s/ John Dale
	  	
		 	Name:	 	John Dale	  	
		 	Title:	 	Duly Authorized Signatory	  	
			
		 	JFIN FUND III, LLC	  	
				
		 	By:	 	 /s/ E. Joseph Hess
	  	
		 	Name:	 	E. Joseph Hess	  	
		 	Title:	 	Managing Director	  	
			
		 	JEFFERIES GROUP INC.	  	
				
		 	By:	 	 /s/ John F. Stacconi
	  	
		 	Name:	 	John F. Stacconi	  	
		 	Title:	 	Global Treasurer

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