Document:

EX-10.1

 Exhibit 10.1 

EMPLOYMENT AGREEMENT 

This Employment Agreement (this “Agreement”) is made and entered into as of July 1, 2022, by and between Christopher L.
Fowler, a resident of the State of Alabama (the “Executive”), and Computer Programs and Systems, Inc., a Delaware corporation (the “Company”). 

WHEREAS, the Company desires to employ the Executive on the terms and conditions set forth herein; and 

WHEREAS, the Executive desires to be employed by the Company on such terms and conditions. 

NOW, THEREFORE, in consideration of the mutual covenants, promises, and obligations set forth herein, the parties agree as follows:

 1. Term. The Executive’s employment hereunder shall commence effective as of July 1, 2022 (the “Effective Date”) and
shall continue until the first anniversary thereof, unless terminated earlier pursuant to Section 4 of this Agreement; provided that, on such first anniversary of the Effective Date and each annual anniversary thereafter (such date and each
annual anniversary thereof, a “Renewal Date”), the Agreement shall be deemed to be automatically extended, upon the same terms and conditions, for successive periods of one year, unless either party provides written notice of its
intention not to extend the term of the Agreement at least ninety (90) days prior to the applicable Renewal Date. The period during which the Executive is employed by the Company hereunder is hereinafter referred to as the “Employment
Term.” 
 2. Position and Duties. 

2.1 Position. During the Employment Term, the Executive shall serve as the President and Chief Executive Officer of the Company,
reporting directly to the Company’s Board of Directors (the “Board”). In such positions, the Executive shall have such duties, authority, and responsibilities as shall be determined from time to time by the Board, which duties,
authority, and responsibilities are consistent with the Executive’s positions. The Executive shall, if requested, also serve as a member of the Board or as an officer or director of any affiliate of the Company for no additional compensation.

 2.2 Duties. During the Employment Term, the Executive shall devote substantially all of the Executive’s business time and
attention to the performance of the Executive’s duties hereunder and will not engage in any other business, profession, or occupation for compensation or otherwise which would conflict or interfere with the performance of such services either
directly or indirectly without the prior written consent of the Board. Notwithstanding the foregoing, the Executive will be permitted to, with the prior written consent of the Board (which consent can be withheld by the Board in its discretion), act
or serve as a director, trustee, committee member, or principal of any type of business, civic, or charitable organization, provided that (i) the Executive will only be permitted to serve on the board of directors of one (1) other public
company and (ii) such activities do not interfere with the performance of the Executive’s duties and responsibilities to the Company as provided hereunder, including, but not limited to, the obligations set forth in this Section 2.

 3. Compensation. 

3.1 Base Salary. The Company shall pay the Executive an annual base salary of $600,000 in periodic installments in accordance with the
Company’s customary payroll practices and applicable wage payment laws, but no less frequently than monthly. The Executive’s base salary shall be reviewed at least annually by the Compensation Committee of the Board (the
“Compensation Committee”) and the Board may, but shall not be required to, increase the base salary during the Employment Term. However, the Executive’s base salary may not be decreased during the Employment Term without the
Executive’s consent other than as part of an across-the-board salary reduction that applies in the same manner to all senior executives. The Executive’s annual
base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.” 
 3.2 Annual Bonus.
For each fiscal year of the Employment Term, the Executive shall be eligible to receive an annual bonus (the “Annual Bonus”). However, the decision to provide any Annual Bonus and the amount and terms of any Annual Bonus shall be in
the sole and absolute discretion of the Compensation Committee. 
 3.3 Equity Awards. 

(a) During the Employment Term, the Executive shall be eligible to participate in the Computer Programs and Systems, Inc.
Amended and Restated 2019 Incentive Plan or any successor plan in which similarly situated executives of the Company are eligible to participate, as determined by the Compensation Committee in its sole and absolute discretion. 

(b) The Compensation Committee shall grant the Executive an award of time-based restricted stock on the Effective Date with a
grant date fair value of $500,000, with one-third (1/3) of such shares of restricted stock vesting on each of the first three (3) anniversaries of the Effective Date, as set forth in and subject to the
terms provided for in an award agreement evidencing such award. 
 3.4 Employee Benefits. During the Employment Term, the Executive
shall be entitled to participate in all employee benefit plans, practices, and programs maintained by the Company, as in effect from time to time (collectively, “Employee Benefit Plans”), on a basis which is no less favorable than
is provided to other similarly situated executives of the Company, to the extent consistent with applicable law and the terms of the applicable Employee Benefit Plans. The Company reserves the right to amend or terminate any Employee Benefit Plans
at any time in its sole discretion, subject to the terms of such Employee Benefit Plan and applicable law. 
 3.5 Business Expenses.
The Executive shall be entitled to reimbursement for all reasonable and necessary out-of-pocket business, entertainment, and travel expenses incurred by the Executive in
connection with the performance of the Executive’s duties hereunder in accordance with the Company’s expense reimbursement policies and procedures. 

  
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 3.6 Indemnification. In the event that the Executive is made a party or threatened to
be made a party to any action, suit, or proceeding, whether civil, criminal, administrative, or investigative (a “Proceeding”), other than any Proceeding initiated by the Executive or the Company related to any contest or dispute
between the Executive and the Company or any of its affiliates with respect to this Agreement or the Executive’s employment hereunder, by reason of the fact that the Executive is or was a director or officer of the Company or any of its
affiliates or is or was serving at the request of the Company as a director, officer, member, employee, or agent of another corporation or a partnership, joint venture, trust, or other enterprise, the Executive shall be indemnified and held harmless
by the Company to the maximum extent permitted under applicable law and the Company’s organizational documents from and against any liabilities, costs, claims, expenses, and/or judgments, including all costs and expenses incurred in defense of
any Proceeding (including attorneys’ fees). The Executive shall be covered during the Employment Term and thereafter for at least six (6) years by officer and director liability insurance in amounts and on terms similar to that afforded to
other executives and/or directors of the Company or any of its affiliates. 
 3.7 Clawback Provisions. Notwithstanding any other
provisions in this Agreement to the contrary, any incentive-based or other compensation paid to the Executive under this Agreement or any other agreement or arrangement with the Company which is subject to recovery under any law, government
regulation, or stock exchange listing requirement will be subject to such deductions and clawback as may be required to be made pursuant to such law, government regulation, or stock exchange listing requirement (or any policy adopted by the Company
pursuant to any such law, government regulation or stock exchange listing requirement). 
 4. Termination of Employment. The Employment Term and the
Executive’s employment hereunder may be terminated by either the Company or the Executive at any time and for any reason; provided that, unless otherwise provided herein, either party shall be required to give the other party at least thirty
(30) days’ advance written notice of any termination of the Executive’s employment. On termination of the Executive’s employment during the Employment Term, the Executive shall be entitled to the compensation and benefits
described in this Section 4 and shall have no further rights to any compensation or any other benefits from the Company or any of its affiliates. 

4.1 Non-Renewal by the Executive, For Cause or Without Good Reason. 

(a) The Executive’s employment hereunder may be terminated upon the Executive’s failure to renew the Agreement in
accordance with Section 1, by the Company for Cause, or by the Executive without Good Reason. If the Executive’s employment is terminated upon the Executive’s failure to renew the Agreement, by the Company for Cause, or by the
Executive without Good Reason, the Executive shall be entitled to receive: 

  
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 (i) any accrued but unpaid Base Salary which shall be paid within one
(1) month following the Termination Date (as defined below); 
 (ii) any earned but unpaid Annual Bonus with respect to
any completed fiscal year immediately preceding the Termination Date, which shall be paid on the otherwise applicable payment date; provided that, if the Executive’s employment is terminated by the Company for Cause, then any such accrued but
unpaid Annual Bonus shall be forfeited; 
 (iii) reimbursement for unreimbursed business expenses properly incurred by the
Executive, which shall be subject to and paid in accordance with the Company’s expense reimbursement policy; and 
 (iv)
such employee benefits (including equity compensation), if any, to which the Executive may be entitled under the terms of the Employee Benefit Plans applicable to former employees; provided that, in no event shall the Executive be entitled to any
payments in the nature of severance or termination payments except as specifically provided herein. 
 Items 4.1(a)(i)
through 4.1(a)(iv) are referred to herein collectively as the “Accrued Amounts.” 
 (b) For purposes of this
Agreement, “Cause” shall mean: 
 (i) the Executive’s willful failure to perform Executive’s
duties as shall be determined from time to time by the Board, which duties are consistent with the Executive’s positions (other than any such failure resulting from incapacity due to physical or mental illness); 

(ii) the Executive’s willful failure to comply with any valid and legal directive of the Board; 

(iii) the Executive’s willful engagement in dishonesty, illegal conduct, or gross misconduct; 

(iv) the Executive’s embezzlement, misappropriation, or fraud, whether or not related to the Executive’s employment
with the Company; 
 (v) the Executive’s conviction of or plea of guilty or nolo contendere to a crime that constitutes
a felony (or state law equivalent) or a crime that constitutes a misdemeanor involving moral turpitude; 
 (vi) the
Executive’s violation of the Company’s written policies or codes of conduct, including written policies related to discrimination, harassment, performance of illegal or unethical activities, and ethical misconduct; 

(vii) the Executive’s willful unauthorized disclosure of Confidential Information (as defined below); 

  
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 (viii) the Executive’s material breach of any material obligation under
this Agreement between the Executive and the Company; or 
 (ix) the Executive’s engagement in conduct that brings or is
reasonably likely to bring the Company negative publicity or into public disgrace, embarrassment, or disrepute. 
 For
purposes of this provision, no act or failure to act on the part of the Executive shall be considered “willful” unless it is done, or omitted to be done, by the Executive in bad faith or without reasonable belief that the Executive’s
action or omission was in the best interests of the Company. Any act, or failure to act, based on authority given pursuant to a resolution duly adopted by the Board or on the advice of counsel for the Company shall be conclusively presumed to be
done, or omitted to be done, by the Executive in good faith and in the best interests of the Company. 
 Termination of the
Executive’s employment shall not be deemed to be for Cause unless and until the Company delivers to the Executive a copy of a resolution duly adopted by the affirmative vote of not less than a majority of the Board finding that the Executive
has engaged in the conduct described in any of (i)-(ix) above. Except for a failure, breach, or refusal which, by its nature, cannot reasonably be expected to be cured, the Executive shall have ten (10) business days from the delivery of
written notice by the Company within which to cure any acts constituting Cause; provided however, that, if the Company reasonably expects irreparable injury from a delay of ten (10) business days, the Company may give the Executive notice of
such shorter period within which to cure as is reasonable under the circumstances. The Company may place the Executive on paid leave for up to sixty (60) days while it is determining whether there is a basis to terminate the Executive’s
employment for Cause. Any such action by the Company will not constitute Good Reason. 
 (c) For purposes of this Agreement,
“Good Reason” shall mean the occurrence of any of the following during the Employment Term, without the Executive’s written consent: 

(i) a material reduction in the Executive’s Base Salary other than a general reduction in Base Salary that affects all
similarly situated executives in substantially the same proportions; 
 (ii) any material breach by the Company of any
material provision of this Agreement; or 
 (iii) a material, adverse change in the Executive’s title, authority,
duties, or responsibilities (other than temporarily while the Executive is physically or mentally incapacitated or as required by applicable law). 

  
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 The Executive cannot terminate employment for Good Reason unless the
Executive has provided written notice to the Company of the existence of the circumstances providing grounds for termination for Good Reason within thirty (30) days of the initial existence of such grounds and the Company has had at least
thirty (30) days from the date on which such notice is provided to cure such circumstances. If the Executive does not terminate employment for Good Reason within ninety (90) days after giving written notice of the initial existence of the
applicable grounds, then the Executive will be deemed to have waived the right to terminate for Good Reason with respect to such grounds. 

4.2 Non-Renewal by the Company, Without Cause, or for Good Reason. The Employment Term and the
Executive’s employment hereunder may be terminated on account of the Company’s failure to renew the Agreement in accordance with Section 1, by the Company without Cause, or by the Executive for Good Reason. In the event of such
termination, the Executive shall be entitled to receive the Accrued Amounts (paid in accordance with Section 4.1(a) hereof) and, subject to the Executive’s compliance with Section 6, Section 7, and Section 8 of this
Agreement and the Executive’s execution of a release of claims in favor of the Company, its affiliates and their respective officers and directors in a form provided by the Company (the “Release”) and such Release becoming
effective within sixty (60) days following the Termination Date (such sixty (60)-day period, the “Release Execution Period”), the Executive shall be entitled to receive the following:

 (a) equal installment payments payable in accordance with the Company’s normal payroll practices, but no less
frequently than monthly, which are in the aggregate equal to one and one-half (1 1⁄2) times the sum of the Executive’s
Base Salary and target bonus for the year in which the Termination Date occurs, which shall be paid for eighteen (18) months following the Termination Date; provided that, such payments shall commence on the Specified Employee Payment Date (as
defined in Section 19.2), with the first installment payment including all amounts that would otherwise have been paid to the Executive during the period beginning on the Termination Date and ending on the first payment date if no delay had
been imposed; 
 (b) if the Executive timely and properly elects medical and/or dental continuation coverage under the
Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”), the Company shall reimburse the Executive for the COBRA premium paid by the Executive for such medical and/or dental continuation coverage, which reimbursement shall
be limited to the employer portion of the monthly health and/or dental premium (as applicable) that the Company pays on behalf of active employees (the “COBRA Payment”). The Executive shall provide evidence to the Company of such
premium payment no later than the last day of the month following the month of applicable coverage. If the Executive timely remits evidence of the applicable premium payment to the Company, the Company shall pay the Executive the COBRA Payment no
later than the last day of the second calendar month following the month of applicable coverage. The Executive shall be eligible to receive such reimbursement until the earliest of: (i) the eighteen (18)-month anniversary of the Termination
Date; (ii) the date the Executive is no longer eligible to receive COBRA continuation coverage; and (iii) the date on which the Executive becomes eligible to receive substantially similar coverage

  
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from another employer or other source. Notwithstanding the foregoing, if the Company’s making payments under this Section 4.2(b) would violate the nondiscrimination rules applicable to non-grandfathered plans under the Affordable Care Act (the “ACA”), or result in the imposition of penalties under the ACA and the related regulations and guidance promulgated thereunder, the parties
agree to reform this Section 4.2(b) in a manner as is necessary to comply with the ACA; and 
 (c) notwithstanding the
terms of the applicable award agreements governing the Executive’s cash incentive and equity awards outstanding as of the Termination Date (the “Outstanding Awards”): 

(i) except as otherwise set forth herein, subject to the Executive’s continued compliance with Section 6,
Section 7, and Section 8 of this Agreement, during the Restricted Period (as defined in Section 7.2), the Executive’s outstanding unvested shares of restricted stock shall continue to vest according to the terms applicable to
such awards as set forth in the applicable award agreements; provided, however, that any requirement in the award agreements that the Executive remain employed on a vesting date shall no longer apply. Notwithstanding anything in this Agreement to
the contrary, if the Executive materially violates of any of the restrictive covenants set forth in Section 6, Section 7, or Section 8 of this Agreement which violation, if curable, has not been cured within thirty (30) days
after notice from the Company to the Executive, the Executive shall be deemed to have forfeited the right to the outstanding unvested shares of restricted stock as of the date such restrictive covenant is violated; and 

(ii) the Executive will receive a pro rata portion of all of the Executive’s outstanding cash incentive awards and
performance share awards that are earned based on the attainment of performance goals, with the Executive’s awards to be calculated in the manner set forth in the applicable award agreements based on the degree of attainment of the applicable
performance goals at the end of the applicable performance period, with the amount of the awards, if any, to be pro-rated based on the number of days that the Executive was employed by the Company between the
date of the beginning of the applicable performance period and the Termination Date as a percentage of the total number of days in the applicable performance period, and such awards, if any, shall be payable to the Executive in accordance with the
timing provisions of the applicable award agreements. 
 The parties acknowledge and agree that, to the extent that this Section 4.2(c)
affects any of the terms and conditions of the Outstanding Awards, this Agreement shall constitute an amendment of the applicable award agreements as they pertain to the Executive. 

4.3 Death or Disability. 

(a) The Executive’s employment hereunder shall terminate automatically on the Executive’s death during the Employment
Term, and the Company may terminate the Executive’s employment on account of the Executive’s Disability. 

  
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 (b) If the Executive’s employment is terminated during the Employment
Term on account of the Executive’s death or Disability, the Executive (or the Executive’s estate and/or beneficiaries, as the case may be) shall be entitled to receive the following: 

(i) the Accrued Amounts (paid in accordance with Section 4.1(a) hereof); and 

(ii) the treatment of any outstanding cash incentive and equity awards shall be determined in accordance with the terms of the
Computer Programs and Systems, Inc. Amended and Restated 2019 Incentive Plan or any successor plan in which similarly situated executives of the Company are eligible to participate and the applicable award agreements. 

Notwithstanding any other provision contained herein, all payments made in connection with the Executive’s Disability
shall be provided in a manner which is consistent with federal and state law. 
 (c) For purposes of this Agreement,
“Disability” shall have the meaning set forth in the Computer Programs and Systems, Inc. Amended and Restated 2019 Incentive Plan Agreement or any successor plan. 

4.4 Change in Control Termination. Notwithstanding any other provision contained herein, if the Executive’s employment hereunder
is terminated by the Executive for Good Reason or by the Company on account of its failure to renew the Agreement in accordance with Section 1 or without Cause (other than on account of the Executive’s death or Disability), in each case
within twelve (12) months following a Change in Control, the Executive shall be entitled to receive the Accrued Amounts (paid in accordance with Section 4.1(a) hereof) and, subject to the Executive’s compliance with Section 6,
Section 7, and Section 8 of this Agreement and the Executive’s execution of a Release which becomes effective within the Release Execution Period, the Executive shall be entitled to receive the following: 

(a) a lump sum payment equal to two (2) times the sum of the Executive’s Base Salary and target bonus for the year in
which the Termination Date occurs, which shall be paid within seventy (70) days following the Termination Date; provided that, if the Release Execution Period begins in one taxable year and ends in another taxable year, payment shall not be
made until the beginning of the second taxable year; 
 (b) if the Executive timely and properly elects medical and/or dental
continuation coverage under COBRA, the Company shall reimburse the Executive for the COBRA Payment. The Executive shall provide evidence to the Company of such premium payment no later than the last day of the month following the month of applicable
coverage. If the Executive timely remits evidence of the applicable premium payment to the Company, the Company shall pay the Executive the COBRA Payment no later than the last day of the second calendar month following the month of applicable
coverage. The Executive shall be eligible to receive such reimbursement until the earliest of: (i) the eighteen (18)-month anniversary of the Termination Date; (ii) the date the Executive is no longer eligible to receive COBRA continuation
coverage; and (iii) the 

  
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date on which the Executive becomes eligible to receive substantially similar coverage from another employer or other source. Notwithstanding the foregoing, if the Company’s making payments
under this Section 4.4(b) would violate the nondiscrimination rules applicable to non-grandfathered plans under the ACA, or result in the imposition of penalties under the ACA and the related regulations
and guidance promulgated thereunder, the parties agree to reform this Section 4.4(b) in a manner as is necessary to comply with the ACA; and 

(c) the treatment of any outstanding cash incentive and equity awards shall be determined in accordance with the terms of the
Computer Programs and Systems, Inc. Amended and Restated 2019 Incentive Plan or any successor plan in which similarly situated executives of the Company are eligible to participate and the applicable award agreements. 

(d) For purposes of this Agreement, “Change in Control” shall have the meaning set forth in the Computer
Programs and Systems, Inc. Amended and Restated 2019 Incentive Plan Agreement or any successor plan. 
 4.5 Notice of Termination.
Any termination of the Executive’s employment hereunder by the Company or by the Executive during the Employment Term (other than termination pursuant to Section 4.3(a) on account of the Executive’s death) shall be communicated by
written notice of termination (“Notice of Termination”) to the other party hereto in accordance with Section 22. The Notice of Termination shall specify: 

(a) The termination provision of this Agreement relied upon; 

(b) To the extent applicable, the facts and circumstances claimed to provide a basis for termination of the Executive’s
employment under the provision so indicated; and 
 (c) The applicable Termination Date. 

4.6 Termination Date. The Executive’s “Termination Date” shall be: 

(a) If the Executive’s employment hereunder terminates on account of the Executive’s death, the date of the
Executive’s death; 
 (b) If the Executive’s employment hereunder is terminated on account of the Executive’s
Disability, the date specified in the Notice of Termination; 
 (c) If the Company terminates the Executive’s employment
hereunder for Cause, the date the Notice of Termination is delivered to the Executive; 
 (d) If the Company terminates the
Executive’s employment hereunder without Cause, the date specified in the Notice of Termination, which shall be no less than thirty (30) days following the date on which the Notice of Termination is delivered; 

  
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 (e) If the Executive terminates the Executive’s employment hereunder
with or without Good Reason, the date specified in the Executive’s Notice of Termination, which shall be no less than thirty (30) days following the date on which the Notice of Termination is delivered; provided that, the Company may waive
all or any part of the 30-day notice period for no consideration by giving written notice to the Executive and for all purposes of this Agreement, the Executive’s Termination Date shall be the date
determined by the Company; and 
 (f) If the Executive’s employment hereunder terminates because either party provides
notice of non-renewal pursuant to Section 1, the Renewal Date immediately following the date on which the applicable party delivers notice of non-renewal. 

Notwithstanding anything contained herein, the Termination Date shall not occur until the date on which the Executive incurs a
“separation from service” within the meaning of Section 409A. 
 4.7 Resignation of All Other Positions. On
termination of the Executive’s employment hereunder for any reason, the Executive shall be deemed to have resigned from all positions that the Executive holds as an officer or member of the Board (or a committee thereof) of the Company or any
of its affiliates. 
 4.8 Section 280G. 

(a) If any of the payments or benefits received or to be received by the Executive (including, without limitation, any payment
or benefits received in connection with the Executive’s termination of employment, whether pursuant to the terms of this Agreement or any other plan, arrangement, or agreement, or otherwise) (all such payments collectively referred to herein as
the “280G Payments”) constitute “parachute payments” within the meaning of Section 280G of the Code and would, but for this Section 4.8(a), be subject to the excise tax imposed under Section 4999 of the Code
(the “Excise Tax”), then such 280G Payments shall be reduced in a manner determined by the Company (by the minimum possible amounts) that is consistent with the requirements of Section 409A until no amount payable to the
Executive will be subject to the Excise Tax. If two economically equivalent amounts are subject to reduction but are payable at different times, the amounts shall be reduced (but not below zero) on a pro rata basis. 

(b) All calculations and determinations under Section 4.8(a) shall be made by an independent accounting firm or
independent tax counsel appointed by the Company (the “Tax Counsel”) whose determinations shall be conclusive and binding on the Company and the Executive for all purposes. For purposes of making the calculations and
determinations required by Section 4.8(a), the Tax Counsel may rely on reasonable, good faith assumptions and approximations concerning the application of Section 280G and Section 4999 of the Code. The Company and the Executive shall
furnish the Tax Counsel with such information and documents as the Tax Counsel may reasonably request in order to make its determinations under Section 4.8(a). The Company shall bear all costs the Tax Counsel may reasonably incur in connection
with its services. 

  
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 5. Cooperation. The parties agree that certain matters in which the Executive will be involved during
the Employment Term may necessitate the Executive’s cooperation in the future. Accordingly, following the termination of the Executive’s employment for any reason, to the extent reasonably requested by the Board, the Executive shall
cooperate with the Company in connection with matters arising out of the Executive’s service to the Company; provided that, the Company shall make reasonable efforts to minimize disruption of the Executive’s other activities. The Company
shall reimburse the Executive for reasonable expenses incurred in connection with such cooperation and, to the extent that the Executive is required to spend substantial time on such matters, the Company shall compensate the Executive at an hourly
rate based on the Executive’s Base Salary on the Termination Date. 
 6. Confidential Information. The Executive understands and acknowledges
that during the Employment Term, the Executive will have access to and learn about Confidential Information, as defined below. 
 6.1
Confidential Information Defined. 
 (a) Definition. For purposes of this Agreement, “Confidential
Information” includes, but is not limited to, all information not generally known to the public, in spoken, printed, electronic or any other form or medium, relating directly or indirectly to: business processes, practices, methods,
policies, plans, publications, documents, research, operations, services, strategies, techniques, agreements, contracts, terms of agreements, transactions, potential transactions, negotiations, pending negotiations,
know-how, trade secrets, computer programs, computer software, applications, operating systems, software design, web design,
work-in-process, databases, device configurations, embedded data, compilations, metadata, technologies, manuals, records, articles, systems, material, sources of
material, supplier information, vendor information, financial information, results, accounting information, accounting records, legal information, marketing information, advertising information, pricing information, credit information, design
information, payroll information, staffing information, personnel information, employee lists, supplier lists, vendor lists, developments, reports, internal controls, security procedures, graphics, market studies, sales information, revenue, costs,
formulae, notes, communications, algorithms, product plans, designs, styles, models, ideas, audiovisual programs, inventions, unpublished patent applications, original works of authorship, discoveries, experimental processes, experimental results,
specifications, customer information, customer lists, client information, client lists, manufacturing information, factory lists, distributor lists, and buyer lists of the Company or any of its affiliates (collectively, the “Company
Group”) or the Company Group’s businesses or any existing or prospective customer, supplier, investor or other associated third party, or of any other person or entity that has entrusted information to the Company Group in confidence.

 The Executive understands that the above list is not exhaustive, and that Confidential Information also includes other
information that is marked or otherwise identified as confidential or proprietary, or that would otherwise appear to a reasonable person to be confidential or proprietary in the context and circumstances in which the information is known or used.

  
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 The Executive understands and agrees that Confidential Information includes
information developed by the Executive in the course of employment by the Company as if the Company furnished the same Confidential Information to the Executive in the first instance. Confidential Information shall not include information that is
generally available to and known by the public at the time of disclosure to the Executive; provided that, such disclosure is through no direct or indirect fault of the Executive or person(s) acting on the Executive’s behalf. 

(b) Disclosure and Use Restrictions. The Executive agrees and covenants: (i) to treat all Confidential Information
as strictly confidential; (ii) not to directly or indirectly disclose, publish, communicate, or make available Confidential Information, or allow it to be disclosed, published, communicated, or made available, in whole or part, to any entity or
person whatsoever (including other employees of the Company Group) not having a need to know and authority to know and use the Confidential Information in connection with the business of the Company Group and, in any event, not to anyone outside of
the direct employ of the Company Group except as required in the performance of the Executive’s authorized employment duties to the Company in each instance (and then, such disclosure shall be made only within the limits and to the extent of
such duties); and (iii) not to access or use any Confidential Information, and not to copy any documents, records, files, media, or other resources containing any Confidential Information, or remove any such documents, records, files, media, or
other resources from the premises or control of the Company Group, except as required in the performance of the Executive’s authorized employment duties to the Company in each instance (and then, such disclosure shall be made only within the
limits and to the extent of such duties). 
 (c) Permitted Disclosures. Nothing herein shall be construed to
prevent disclosure of Confidential Information as may be required by applicable law or regulation, a subpoena, or pursuant to an order of a court of competent jurisdiction or an authorized government agency, provided that the disclosure does not
exceed the extent of disclosure required by such law, regulation, or order. 
 (d) Permitted Communications. Nothing
herein prohibits or restricts the Executive (or the Executive’s attorney) from initiating communications directly with, responding to an inquiry from, or providing testimony before the Securities and Exchange Commission (SEC),
the Financial Industry Regulatory Authority (FINRA), any other self-regulatory organization, or any other federal or state regulatory authority regarding a possible securities law violation. 

(e) Notice of Immunity Under the Economic Espionage Act of 1996, as amended by the Defend Trade Secrets Act of 2016
(“DTSA”). Notwithstanding any other provision of this Agreement: 
 (i) The Executive will not be held
criminally or civilly liable under any federal or state trade secret law for any disclosure of a trade secret that: (A) is made (1) in confidence to a federal, state, or local government official, either directly or indirectly, or to an
attorney; and (2) solely for the purpose of reporting or investigating a suspected violation of law; or (B) is made in a complaint or other document filed under seal in a lawsuit or other proceeding. 

  
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 (ii) If the Executive files a lawsuit for retaliation by the Company for
reporting a suspected violation of law, the Executive may disclose the Company’s trade secrets to the Executive’s attorney and use the trade secret information in the court proceeding if the Executive: (A) files any document
containing trade secrets under seal; and (B) does not disclose trade secrets, except pursuant to court order. 
 The
Executive understands and acknowledges that the Executive’s obligations under this Agreement with regard to any particular Confidential Information shall commence immediately upon the Executive first having access to such Confidential
Information (whether before or after the Executive begins employment by the Company) and shall continue during and after the Executive’s employment by the Company until such time as such Confidential Information has become public knowledge
other than as a result of the Executive’s breach of this Agreement or breach by those acting in concert with the Executive or on the Executive’s behalf. 

7. Restrictive Covenants. 
 7.1
Acknowledgement. The Executive understands that the nature of the Executive’s position gives the Executive access to and knowledge of Confidential Information and places the Executive in a position of trust and confidence with the
Company Group. The Executive understands and acknowledges that the services the Executive provides to the Company Group are unique, special, or extraordinary. The Executive further understands and acknowledges that the Company Group’s ability
to reserve these services for the exclusive knowledge and use of the Company Group is of great competitive importance and commercial value to the Company Group, and that improper use or disclosure by the Executive is likely to result in unfair or
unlawful competitive activity. 
 7.2 Non-Competition. Because of the Company Group’s
legitimate business interest as described herein and the good and valuable consideration offered to the Executive, during the Employment Term and for eighteen (18) months, to run consecutively, beginning on the Termination Date, regardless of
the reason for the termination and whether employment is terminated at the option of the Executive or the Company (the “Restricted Period”), the Executive agrees and covenants not to engage in Prohibited Activity in the Geographic
Area. 
 For purposes of this Section 7, “Prohibited Activity” is activity in which the Executive contributes the
Executive’s knowledge or services, directly or indirectly, in whole or in part, as an employee, employer, owner, operator, manager, advisor, consultant, agent, employee, partner, director, stockholder, officer, volunteer, intern, or any other
similar capacity to an entity engaged in the same or similar business as the Company Group as conducted or proposed to be conducted as of the end of the Employment Term. Prohibited Activity also includes activity that may require or inevitably
requires disclosure of trade secrets, proprietary information, or Confidential Information. For purposes of this Section 7, “Geographic Area” shall mean North America and anywhere else the Company Group is conducting business
as of the end of the Employment Term. 

  
 13 

 Nothing herein shall prohibit the Executive from purchasing or owning less than five percent
(5%) of the publicly traded securities of any corporation, provided that such ownership represents a passive investment and that the Executive is not a controlling person of, or a member of a group that controls, such corporation. 

This Section 7 does not, in any way, restrict or impede the Executive from exercising protected rights to the extent that such rights
cannot be waived by agreement or from complying with any applicable law or regulation, a subpoena, or an order of a court of competent jurisdiction or an authorized government agency, provided that such compliance does not exceed that required by
the law, regulation, or order. 
 7.3 Non-Solicitation of Employees. The Executive agrees and
covenants not to directly or indirectly solicit, hire, recruit, attempt to hire or recruit, or induce the termination of employment of any employee of the Company Group, or attempt to do so, during the Restricted Period. 

7.4 Non-Solicitation of Customers. The Executive agrees and covenants not to directly or
indirectly solicit, contact (including but not limited to email, regular mail, express mail, telephone, fax, instant message, or social media), attempt to contact, or meet with the Company’s current, former or prospective customers for purposes
of offering or accepting goods or services similar to or competitive with those offered by the Company during the Restricted Period. 
 8. Mutual Non-Disparagement. The Executive and the Company agree and covenant that neither party will make, publish, or communicate to any person or entity or in any public forum any defamatory or disparaging remarks,
comments, or statements concerning either the Executive or the Company Group or its businesses, or any of its employees, officers, and existing and prospective customers, suppliers, investors and other associated third parties. 

This Section 8 does not, in any way, restrict or impede the Executive or the Company from exercising protected rights to the extent that
such rights cannot be waived by agreement or from complying with any applicable law or regulation, subpoena, or an order of a court of competent jurisdiction or an authorized government agency, provided that such compliance does not exceed that
required by the law, regulation, or order. Furthermore, good faith allegations asserted in any civil action between the parties shall not violation this provision. Additionally, the Company shall not be restricted from providing a neutral employment
reference with respect the Executive. 
 With respect to the Company, the non-disparagement
obligations set forth in this Section 8 shall apply only to the Company’s “executive officers” as designated by the Board and the Company’s directors. The Company and Executive hereby knowingly and expressly disclaim the
applicability of the Alabama Non-Disparagement Obligations Act (Ala. Code § 8-1-220, et seq.). 

  
 14 

 9. Acknowledgement. The Executive acknowledges and agrees that the services to be rendered by the
Executive to the Company are of a special and unique character; that the Executive will obtain knowledge and skill relevant to the Company’s industry, methods of doing business and marketing strategies by virtue of the Executive’s
employment; and that the restrictive covenants and other terms and conditions of this Agreement are reasonable and reasonably necessary to protect the legitimate business interest of the Company Group. 

The Executive further acknowledges that the benefits provided to the Executive under this Agreement, including the amount of the
Executive’s compensation, reflects, in part, the Executive’s obligations and the Company’s rights under Section 6, Section 7, and Section 8 of this Agreement. 

10. Remedies. In the event of a breach by the Executive of Section 6, Section 7, or Section 8 of this Agreement, the Executive agrees
that the Company may seek, in addition to other available remedies, a temporary or permanent injunction or other equitable relief against such material breach from any court of competent jurisdiction. 

11. Governing Law: Jurisdiction and Venue. This Agreement, for all purposes, shall be construed in accordance with the laws of the State of Alabama
without regard to conflicts of law principles. Any action or proceeding by either of the parties to enforce this Agreement shall be brought only in a state or federal court located in the State of Alabama. The parties hereby irrevocably submit to
the exclusive jurisdiction of such courts and waive the defense of inconvenient forum to the maintenance of any such action or proceeding in such venue. 

12. Entire Agreement. Unless specifically provided herein, this Agreement contains all of the understandings and representations between the Executive
and the Company pertaining to the subject matter hereof and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, with respect to such subject matter. The parties mutually agree
that the Agreement can be specifically enforced in court and can be cited as evidence in legal proceedings alleging breach of the Agreement. 
 13.
Modification and Waiver. No provision of this Agreement may be amended or modified unless such amendment or modification is agreed to in writing and signed by the Executive and by an authorized officer of the Company. No waiver by either of
the parties of any breach by the other party hereto of any condition or provision of this Agreement to be performed by the other party hereto shall be deemed a waiver of any similar or dissimilar provision or condition at the same or any prior or
subsequent time, nor shall the failure of or delay by either of the parties in exercising any right, power, or privilege hereunder operate as a waiver thereof to preclude any other or further exercise thereof or the exercise of any other such right,
power, or privilege. 
 14. Severability. Should any provision of this Agreement be held by a court of competent jurisdiction to be enforceable only
if modified, or if any portion of this Agreement shall be held as unenforceable and thus stricken, such holding shall not affect the validity of the remainder of this Agreement, the balance of which shall continue to be binding upon the parties with
any such modification to become a part hereof and treated as though originally set forth in this Agreement. 

  
 15 

 The parties further agree that any such court is expressly authorized to modify any such
unenforceable provision of this Agreement in lieu of severing such unenforceable provision from this Agreement in its entirety, whether by rewriting the offending provision, deleting any or all of the offending provision, adding additional language
to this Agreement, or by making such other modifications as it deems warranted to carry out the intent and agreement of the parties as embodied herein to the maximum extent permitted by law. 

The parties expressly agree that this Agreement as so modified by the court shall be binding upon and enforceable against each of them. In any
event, should one or more of the provisions of this Agreement be held to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provisions hereof, and if such provision or
provisions are not modified as provided above, this Agreement shall be construed as if such invalid, illegal, or unenforceable provisions had not been set forth herein. 

15. Counterparts. This Agreement may be executed in separate counterparts, each of which shall be deemed an original, but all of which taken together
shall constitute one and the same instrument. 
 16. Tolling. In the event of any violation of the provisions of Section 6, Section 7, or
Section 8, the Executive acknowledges and agrees that the post-termination restrictions contained in such sections that are the subject of the violation shall be extended by a period of time equal to the period of such violation, it being the
intention of the parties hereto that the running of the applicable post-termination restriction period shall be tolled during any period of such violation. 

17. Section 409A. 
 17.1 General
Compliance. This Agreement is intended to comply with Section 409A or an exemption thereunder and shall be construed and administered in accordance with Section 409A. Notwithstanding any other provision of this Agreement, payments
provided under this Agreement may only be made upon an event and in a manner that complies with Section 409A or an applicable exemption. Any payments under this Agreement that may be excluded from Section 409A either as separation pay due
to an involuntary separation from service or as a short-term deferral shall be excluded from Section 409A to the maximum extent possible. For purposes of Section 409A, each installment payment provided under this Agreement shall be treated
as a separate payment. Any payments to be made under this Agreement upon a termination of employment shall only be made upon a “separation from service” under Section 409A. Notwithstanding the foregoing, the Company makes no
representations that the payments and benefits provided under this Agreement comply with Section 409A, and in no event shall the Company be liable for all or any portion of any taxes, penalties, interest, or other expenses that may be incurred
by the Executive on account of non-compliance with Section 409A. 
 17.2 Specified
Employees. Notwithstanding any other provision of this Agreement, if any payment or benefit provided to the Executive in connection with the Executive’s termination of employment is determined to constitute “nonqualified deferred
compensation” within the meaning of Section 409A and the Executive is determined to be a “specified employee” as defined in Section 409A(a)(2)(b)(i), then such payment or benefit shall not be paid until the first payroll
date following the six-month anniversary of the Termination Date or, if earlier, on the Executive’s death (the “Specified Employee Payment Date”). The aggregate of any payments that would
otherwise have been paid before the Specified Employee Payment Date shall be paid to the Executive in a lump sum on the Specified Employee Payment Date and thereafter, any remaining payments shall be paid without delay in accordance with their
original schedule. 

  
 16 

 17.3 Reimbursements. To the extent required by Section 409A, each reimbursement
or in-kind benefit provided under this Agreement shall be provided in accordance with the following: 

(a) the amount of expenses eligible for reimbursement, or in-kind benefits provided,
during each calendar year cannot affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year; 

(b) any reimbursement of an eligible expense shall be paid to the Executive on or before the last day of the calendar year
following the calendar year in which the expense was incurred; and 
 (c) any right to reimbursements or in-kind benefits under this Agreement shall not be subject to liquidation or exchange for another benefit. 
 18.
Notification to Subsequent Employer. When the Executive’s employment with the Company terminates, the Executive agrees to notify any subsequent employer of any restrictive covenants sections contained in this Agreement that remain
ongoing at such time. 
 19. Successors and Assigns. This Agreement is personal to the Executive and shall not be assigned by the Executive. Any
purported assignment by the Executive shall be null and void from the initial date of the purported assignment. The Company may assign this Agreement to any successor or assign (whether direct or indirect, by purchase, merger, consolidation, or
otherwise) to all or substantially all of the business or assets of the Company. This Agreement shall inure to the benefit of the Company and permitted successors and assigns. 

20. Notice. Notices and all other communications provided for in this Agreement shall be in writing and shall be delivered personally or sent by
registered or certified mail, return receipt requested, or by overnight carrier to the parties at the addresses set forth below (or such other addresses as specified by the parties by like notice): 

If to the Company: 

Computer Programs and Systems, Inc. 

54 St. Emanuel Street 

Mobile, AL 36602 

Attention: Chief Financial Officer 

Matt.chambless@cpsi.com 

If to the Executive: 

Executive’s home address most recently on file with the Company. 

  
 17 

 21. Representations of the Executive. The Executive represents and warrants to the Company that: 

(a) The Executive’s acceptance of employment with the Company and the performance of duties hereunder will not conflict
with or result in a violation of, a breach of, or a default under any contract, agreement, or understanding to which the Executive is a party or is otherwise bound. 

(b) The Executive’s acceptance of employment with the Company and the performance of duties hereunder will not violate any
non-solicitation, non-competition, or other similar covenant or agreement of a prior employer. 

22. Withholding. The Company shall have the right to withhold from any amount payable hereunder any Federal, state, and local taxes in order for the
Company to satisfy any withholding tax obligation it may have under any applicable law or regulation. 
 23. Survival. Upon the expiration or other
termination of this Agreement, the respective rights and obligations of the parties hereto shall survive such expiration or other termination to the extent necessary to carry out the intentions of the parties under this Agreement. 

24. Acknowledgement of Full Understanding. THE EXECUTIVE ACKNOWLEDGES AND AGREES THAT THE EXECUTIVE HAS FULLY READ, UNDERSTANDS AND VOLUNTARILY ENTERS
INTO THIS AGREEMENT. THE EXECUTIVE ACKNOWLEDGES AND AGREES THAT THE EXECUTIVE HAS HAD AN OPPORTUNITY TO ASK QUESTIONS AND CONSULT WITH AN ATTORNEY OF THE EXECUTIVE’S CHOICE BEFORE SIGNING THIS AGREEMENT. 

[SIGNATURE PAGE FOLLOWS] 

  
 18 

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

			
	COMPANY:
	
	COMPUTER PROGRAMS AND SYSTEMS, INC.
		
	By:	 	 /s/ Matt J. Chambless 

	Name: Matt J. Chambless
	Title: Chief Financial Officer
	
	EXECUTIVE:
	
	 /s/ Christopher L. Fowler

	 Christopher L. Fowler

  
 19EX-10.2

 Exhibit 10.2 

COMPUTER PROGRAMS AND SYSTEMS, INC. 

AMENDED AND RESTATED 2019 INCENTIVE PLAN 

RESTRICTED STOCK AWARD AGREEMENT 

This Restricted Stock Award Agreement (this “Agreement”) is made and entered into as of July 1, 2022 (the “Grant
Date”) by and between Computer Programs & Systems, Inc., a Delaware corporation (the “Company”), and Christopher L. Fowler (the “Grantee”). 

WHEREAS, the Company has adopted the Computer Programs and Systems, Inc. Amended and Restated 2019 Incentive Plan (the
“Plan”) pursuant to which awards of Restricted Stock may be granted; and 
 WHEREAS, the Compensation Committee of
the Board of Directors (the “Committee”) has determined that it is in the best interests of the Company and its shareholders to grant the award of Restricted Stock provided for herein. 

NOW, THEREFORE, the parties hereto, intending to be legally bound, agree as follows: 

1. Grant of Restricted Stock. Pursuant to Section 7.2 of the Plan, the Company hereby issues to the Grantee on the Grant Date a Restricted Stock
Award consisting of shares of Common Stock of the Company (the “Restricted Stock”) with an aggregate value on the Grant Date of $500,000, on the terms and conditions and subject to the restrictions set forth in this Agreement and
the Plan. Capitalized terms that are used but not defined herein have the meaning ascribed to them in the Plan. 
 2. Consideration. The grant of the
Restricted Stock is made in consideration of the services to be rendered by the Grantee to the Company. 
 3. Restricted Period; Vesting and
Settlement. 
 3.1 Except as otherwise provided herein, provided that the Grantee remains in Continuous Service through the applicable
vesting date, the Restricted Stock will vest in accordance with the following schedule: 
  

			
	Vesting Date	  	Shares of Common Stock
		
	 First anniversary of the
 Grant Date
	  	 One-third (1/3) of the

Restricted Stock

		
	 Second anniversary of the
 Grant Date
	  	 One-third (1/3) of the

Restricted Stock

		
	 Third anniversary of the
 Grant Date
	  	 One-third (1/3) of the

Restricted Stock

 The period over which the Restricted Stock vests is referred to as the “Restricted
Period.” Vested Restricted Stock will be settled in shares of Common Stock as soon as reasonably practicable following the date on which the Restricted Stock vests; provided, however, that in no event shall such shares of Common Stock be
settled more than thirty (30) days after such vesting date. 
 3.2 The foregoing vesting schedule notwithstanding: 

(a) if the Grantee’s Continuous Service is terminated as a result of the Grantee’s death or Disability, one hundred percent (100%)
of the unvested Restricted Stock shall vest as of the date of such termination; 
 (b) if the Grantee’s Continuous Service is
terminated by the Company or an Affiliate without Cause (other than within twelve (12) months following a Change in Control which shall be governed by Section 3.2(c) below), the Compensation Committee may determine, in its sole discretion,
at the time of your termination, to accelerate the vesting of all or any portion of the Restricted Stock; and 
 (c) if the Grantee’s
Continuous Service is terminated by the Company or an Affiliate without Cause (other than on account of the Grantee’s death or Disability) within twelve (12) months following a Change in Control, one hundred percent (100%) of the unvested
Restricted Stock shall vest as of the date of such termination. 
 4. Restrictions. The Restricted Stock and any rights relating thereto may not be
sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than in accordance with the terms of the Plan. 
 5. Rights as
Shareholder; Dividends. 
 5.1 The Grantee shall be the record owner of the Restricted Stock until the shares of Common Stock are sold
or otherwise disposed of, and shall be entitled to all of the rights of a shareholder of the Company including without limitation the right to vote such shares and receive all dividends or other distributions paid with respect to such shares. 

5.2 The Company may issue stock certificates or evidence the Grantee’s interest by using a restricted book entry account with the
Company’s transfer agent. Physical possession or custody of any stock certificates that are issued shall be retained by the Company until such time as the Restricted Stock vests. 

5.3 If the Grantee forfeits any rights he or she has under this Agreement in accordance with Section 3, the Grantee shall, on the date of
such forfeiture, no longer have any rights as a shareholder with respect to the Restricted Stock and shall no longer be entitled to vote or receive dividends on such shares. 

  
 2 

 6. No Right to Continued Service. Neither the Plan nor this Agreement shall confer upon the Grantee
any right to be retained in any position or as an Employee of the Company. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Grantee’s Continuous Service at any time, with
or without Cause. 
 7. Adjustments. If any change is made to the outstanding Common Stock or the capital structure of the Company, if required, the
shares of Common Stock subject to the award of Restricted Stock shall be adjusted in any manner as contemplated by Section 11 of the Plan. 
 8. Tax
Liability and Withholding. 
 8.1 The Grantee shall be required to pay to the Company, and the Company shall have the right to deduct
from any compensation paid to the Grantee pursuant to the Plan, the amount of any required withholding taxes in respect of the Restricted Stock and to take all such other action as the Committee deems necessary to satisfy all obligations for the
payment of such withholding taxes. The Committee may permit the Grantee to satisfy any federal, state or local tax withholding obligation by any of the following means, or by a combination of such means: 

(a) tendering a cash payment; 

(b) authorizing the Company to withhold shares of Common Stock from the shares of Common Stock otherwise issuable or deliverable to the
Grantee as a result of the vesting of the Restricted Stock; provided, however, that no shares of Common Stock shall be withheld with a value exceeding the minimum amount of tax required to be withheld by law; or 

(c) delivering to the Company previously owned and unencumbered shares of Common Stock. 

8.2 Notwithstanding any action the Company takes with respect to any or all income tax, social insurance, payroll tax, or other tax-related withholding (“Tax-Related Items”), the ultimate liability for all Tax-Related Items is and remains the
Grantee’s responsibility and the Company (a) makes no representation or undertakings regarding the treatment of any Tax-Related Items in connection with the grant or vesting of the Restricted Stock
or the subsequent sale of any shares; and (b) does not commit to structure the Restricted Stock to reduce or eliminate the Grantee’s liability for Tax-Related Items. 

9. Section 83(b) Election. The Grantee may make an election under Code Section 83(b) (a “Section 83(b)
Election”) with respect to the Restricted Stock. Any such election must be made within thirty (30) days after the Grant Date. If the Grantee elects to make a Section 83(b) Election, the Grantee shall provide the Company with a
copy of an executed version and satisfactory evidence of the filing of the executed Section 83(b) Election with the US Internal Revenue Service. The Grantee agrees to assume full responsibility for ensuring that the Section 83(b) Election
is actually and timely filed with the US Internal Revenue Service and for all tax consequences resulting from the Section 83(b) Election. 

  
 3 

 10. Compliance with Law. The issuance and transfer of shares of Common Stock shall be subject to
compliance by the Company and the Grantee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company’s shares of Common Stock may be listed. No shares of
Common Stock shall be issued or transferred unless and until any then applicable requirements of state and federal laws and regulatory agencies have been fully complied with to the satisfaction of the Company and its counsel. 

11. Legends. A legend may be placed on any certificate(s) or other document(s) delivered to the Grantee indicating restrictions on transferability of
the shares of Restricted Stock pursuant to this Agreement or any other restrictions that the Committee may deem advisable under the rules, regulations and other requirements of the Securities and Exchange Commission, any applicable federal or state
securities laws or any stock exchange on which the shares of Common Stock are then listed or quoted. 
 12. Notices. Any notice required to be
delivered to the Company under this Agreement shall be in writing and addressed to the Secretary of the Company at the Company’s principal corporate offices. Any notice required to be delivered to the Grantee under this Agreement shall be in
writing and addressed to the Grantee at the Grantee’s address as shown in the records of the Company. Either party may designate another address in writing (or by such other method approved by the Company) from time to time. 

13. Governing Law. This Agreement will be construed and interpreted in accordance with the laws of the State of Delaware without regard to conflict of
law principles. 
 14. Interpretation. Any dispute regarding the interpretation of this Agreement shall be submitted by the Grantee or the Company to
the Committee for review. The resolution of such dispute by the Committee shall be final and binding on the Grantee and the Company. 
 15. Restricted
Stock Subject to Plan. This Agreement is subject to the Plan as approved by the Company’s shareholders. The terms and provisions of the Plan as it may be amended from time to time are hereby incorporated herein by reference. In the event of
a conflict between any term or provision contained herein and a term or provision of the Plan, the applicable terms and provisions of the Plan will govern and prevail. 

16. Successors and Assigns. The Company may assign any of its rights under this Agreement. This Agreement will be binding upon and inure to the benefit
of the successors and assigns of the Company. Subject to the restrictions on transfer set forth herein, this Agreement will be binding upon the Grantee and the Grantee’s beneficiaries, executors, administrators and the person(s) to whom the
Restricted Stock may be transferred by will or the laws of descent or distribution. 
 17. Severability. The invalidity or unenforceability of any
provision of the Plan or this Agreement shall not affect the validity or enforceability of any other provision of the Plan or this Agreement, and each provision of the Plan and this Agreement shall be severable and enforceable to the extent
permitted by law. 

  
 4 

 18. Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or
terminated by the Company at any time, in its discretion. The grant of the Restricted Stock in this Agreement does not create any contractual right or other right to receive any Restricted Stock or other Awards in the future. Future Awards, if any,
will be at the sole discretion of the Company. Any amendment, modification or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Grantee’s employment with the Company. 

19. Amendment. In accordance and consistent with Section 409A of the Code, as applicable, the Committee has the right to amend, alter, suspend,
discontinue or cancel the Restricted Stock, prospectively or retroactively; provided, that, no such amendment shall adversely affect the Grantee’s material rights under this Agreement without the Grantee’s consent. 

20. Section 409A. This Agreement is intended to either comply with or be exempt from Section 409A of the Code and shall be construed and
interpreted in a manner that is consistent with the requirements for avoiding additional taxes or penalties under Section 409A of the Code. Notwithstanding the foregoing, the Company makes no representations that the payments and benefits
provided under this Agreement either comply with Section 409A of the Code or are exempt therefrom and in no event shall the Company be liable for all or any portion of any taxes, penalties, interest or other expenses that may be incurred by the
Grantee on account of non-compliance with Section 409A of the Code. 
 21. No Impact on Other Benefits.
The value of the Grantee’s Restricted Stock is not part of his or her normal or expected compensation for purposes of calculating any severance, retirement, welfare, insurance or similar employee benefit. 

22. Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original but all of which together will constitute
one and the same instrument. Counterpart signature pages to this Agreement transmitted by facsimile transmission, by electronic mail in portable document format (.pdf), or by any other electronic means intended to preserve the original graphic and
pictorial appearance of a document, will have the same effect as physical delivery of the paper document bearing an original signature. 
 23.
Acceptance. The Grantee hereby acknowledges receipt of a copy of the Plan and this Agreement. The Grantee has read and understands the terms and provisions thereof, and accepts the Restricted Stock subject to all of the terms and conditions
of the Plan and this Agreement. The Grantee acknowledges that there may be adverse tax consequences upon the grant or vesting of the Restricted Stock or disposition of the underlying shares and that the Grantee has been advised to consult a tax
advisor prior to such grant, vesting or disposition. 
 [signature page follows] 

  
 5 

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

			
	COMPUTER PROGRAMS AND SYSTEMS, INC.
		
	By:	 	 /s/ Matt J. Chambless

		 	Name: Matt J. Chambless
		 	Its: Chief Financial Officer
	
	 /s/ Christopher L. Fowler

	Christopher L. Fowler

  
 6

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