Document:

Form of Letter Agreement, Former Directors

 EXHIBIT 10.32 
  
 [HealthSouth Letterhead] 
  
 [Date] 
  
 [Director] 
 [Address] 
  
 Dear Mr./Ms. [Director]: 
  
 This is to confirm our agreement with respect to the matters set forth below, all of which have been agreed to in connection with the implementation of an
orderly transition plan of the Board of Directors of HealthSouth Corporation (the “Company”). 
  
 1. Indemnity Agreement. Reference is made to that certain Indemnity Agreement (“Indemnity Agreement”), dated as of [date], by and
between you (“Director”) and the Company. The Company hereby acknowledges, reaffirms and agrees that the Indemnity Agreement is and will continue to be in full force and effect, enforceable in accordance with the terms thereof,
including after Director ceases to be a member of the Company’s Board of Directors. 
  
 2. Access to Information. The Company hereby agrees that, subject to appropriate confidentiality undertakings by Director, applicable attorney-client and other applicable privileges and to the extent not
otherwise precluded by applicable law or contrary to a request of governmental authorities, at the request from time to time by Director or Director’s authorized representative, the Company shall, and shall cause its General Counsel or his
designees (or, if there is no General Counsel, by its Chief Financial Officer or his designees) to, furnish to Director or Director’s authorized representatives updates and other requested information with respect to any actions, suits, or
proceedings against, or any governmental investigations or negotiations with third parties involving, the Company or any of its present or former members of the Board of Directors, in each case only to the extent that such matter (i) arises from
facts that took place prior to the date on which Director ceases to be a director of the Company and (ii) reasonably relates to the interests of Director (collectively, “Actions”). To the extent that any such requested information
constitutes legal advice or other information subject to the attorney-client or related privilege, the Company shall provide such information to 

  

 
Director, so long as such information will continue to be subject to the attorney-client or other privilege (it being understood that the Company will enter
into joint defense or other arrangements to protect the status of such information as privileged, if such arrangement would be effective to provide such protection), unless, (i) such information addresses a matter as to which the parties have a
conflict of interests, or (ii) the Company has reasonably determined that providing such information will be materially prejudicial to the Company; provided that the immediately preceding clause (ii) shall not be a basis for denial of any Director
request for privileged information if such information refers to Director or reflects Director’s conduct or statements and, in such case, such information shall be made available to Director under a joint defense agreement, so long as it would
remain privileged. In addition, and subject to the same limitations as set forth in the two preceding sentences, the Company agrees (a) to provide Director and Director’s authorized representatives with reasonable access to the books and
records of the Company and its subsidiaries with respect to any such Action, (b) to cause its officers, employees, and advisors to furnish Director with such information to the extent that such information is necessary in connection with
Director’s evaluation or defense of any such Action, and (c) to notify and consult with Director and Director’s authorized representatives before initiating any Action within the scope of this paragraph 2. The Company has designated the
General Counsel of the Company as the point of contact for Director and Director’s authorized representatives to seek the updates, documents, and other information contemplated by this paragraph. Director acknowledges and agrees that
Director’s sole remedy for any breach of this paragraph 2 shall be to seek specific performance of the Company’s obligations hereunder, so long as the Company acts in good faith. 
  
 3. Insurance & Indemnification. In (i) resolving any coverage
disputes by insurers with respect to currently existing directors’ and officers’ insurance policies that provide coverage for Actions that relate to actions or omissions prior to Director’s voluntary resignation, (ii) seeking coverage
under any currently existing directors’ and officers’ insurance policies with respect to any Action, or (iii) interpreting and applying the terms of the Indemnity Agreement, the Company shall not enter into agreements or support or take
positions that disadvantage Director, or treat Director less favorably, as compared to any then current director, because Director is no longer a member of the Company’s Board of Directors. Nothing contained herein is intended to prohibit or
limit the application of any currently existing directors’ and officers’ insurance policy in accordance with its terms. For purposes of this paragraph 3, the term “currently existing directors’ and officers’ insurance
policies” is intended to include within its scope all insurance policies of the Company obtained prior to [Date], including those that have purportedly been rescinded or otherwise challenged by the issuers thereof. 
  
 4. Cooperation. Director hereby agrees, subject to applicable
attorney-client privileges and other applicable privileges, to cooperate in good faith with all reasonable requests by the Company in connection with any governmental investigation or defense or prosecution of any Action. The Company agrees to take
due account of Director’s regular employment and other business obligations in requesting Director to make personal appearances or travel and agrees to reimburse Director for 

  

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reasonable out-of-pocket travel and similar expenses incurred by Director in response to the Company’s requests. The Company acknowledges and agrees
that the Company’s sole remedy for any breach of this paragraph 4 shall be to seek specific performance of the Director’s obligations hereunder, so long as Director acts in good faith. 
  
 5. Specific Performance. The Company and Director acknowledge and
agree that the Company or Director, as the case may be, will be irreparably damaged if this agreement is not specifically enforced. Upon a breach or threatened breach of any provision of this agreement by the Company or Director, the other party to
this agreement, shall, in addition to all other remedies, be entitled to seek specific performance. 
  
 6. Counterparts. This letter agreement may be executed in one or more counterparts. All such counterparts shall constitute one and the same
agreement and shall become effective when one or more counterparts have been signed by each party and delivered to the other party. 
  
 7. Governing Law. This letter agreement shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware,
applied without giving effect to any conflicts-of-law principles. 
  
 If the foregoing correctly and completely sets forth our understanding, please sign the enclosed copy of this letter in the space provided and return it to the Company. 
  

			
	 Very truly yours,

	
	 HEALTHSOUTH CORPORATION

		
	By:	 	 
	 	 	 Name:

	 	 	 Title:

  
 Confirmed and agreed to as of
the date first written above: 
 [DIRECTOR] 
  
 __________________________________________ 
  

 32005 Annual Bonus Plan

 EXHIBIT 10.1 
  
 KFORCE INC. 
 2005 ANNUAL PERFORMANCE BONUS PLAN 
  
 1.
Purpose. The purpose of the Kforce Inc. Annual Performance Bonus Plan is to motivate and reward short-term performance by providing cash bonus payments based upon the achievement of pre-established and objective performance goals for each fiscal
year. 
  
 2. Definitions. The following definitions are
applicable to the Plan: 
  
 (a) “Annual
Performance Bonus Award” means a target annual performance bonus award made pursuant to Section 5 of the Plan. 
  
 (b) “Award” means an Annual Performance Bonus Award. 
  
 (c) “Base Salary” means the base rate of cash compensation paid by the Firm to or for the
benefit of a Participant for services rendered or labor performed while a Participant in this Plan, including base pay a Participant could have received in cash in lieu of deferrals under any deferred compensation plan or to any cafeteria plan under
Section 125 of the Code maintained by the Firm. 
  
 (d) “Board” means the Board of Directors of the Firm. 
  
 (e) “Code” means the Internal Revenue Code of 1986, as amended, including Treasury Regulations. 
  
 (f) “Committee” means the Compensation
Committee of the Board, which shall be appointed by, and serve at the pleasure of, the Board, and shall consist of members of the Board who are not employees of the Firm or any affiliate thereof and who qualify as “outside directors” under
Section 162(m) of the Internal Revenue Code, as amended from time to time, and the regulations promulgated thereunder. 
  
 (g) “Executive Officer” means an employee of the Firm whom the Board has designated as an executive officer of the Firm
for purposes of reporting under the Securities Exchange Act of 1934, as amended from time to time, or any successor thereto. 
  
 (h) “Firm” means Kforce Inc. 
  
 (i) “Fiscal Year” means the calendar year. 
  
 (j) “Participant” means any Executive Officers designated by the Committee to participate
in the Plan. 
  
 (k) “Plan”
means this Kforce Inc. 2005 Annual Performance Bonus Plan, as it may be amended from time to time. 
  
 3. Administration of Plan. The Plan shall be administered by the Committee. The Committee shall have the authority to select Executive Officers to
participate in the Plan, to determine performance goals and the Annual Performance Bonus Award amounts to be paid upon achievement of the performance goals, to determine other terms and conditions of Awards under the Plan, to establish and amend
rules and regulations relating to the Plan, and to make all other determinations necessary and advisable for the administration of the Plan. The Committee may correct any defect, supply any omission or reconcile any inconsistency in the Plan or any
Award in the manner and to the extent it shall deem desirable to carry it into effect. All decisions made by the Committee pursuant to the Plan shall be made in the Committee’s sole and absolute discretion and shall be final and binding on
Executive Officers, Participants, and the Firm. 
  
 4.
Designation of Participants. Participants in the Plan shall be selected by the Committee on an annual basis from among the Executive Officers. 
  

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 5. Annual Performance Bonus Awards. 
  
 (a) Each Participant shall be eligible to receive such Annual Performance Bonus Award, if any, for each
Fiscal Year as may be payable pursuant to the performance criteria described below. Annual Performance Bonus Awards consist of cash amounts payable upon the achievement during a Fiscal Year of specified objective performance goals. Within the first
90 days of the Fiscal Year, the Committee will establish the performance goals and the amounts to be paid if the performance goals are achieved. The Annual Performance Bonus Award, if any, for each Participant will be determined as a percentage of
the Participant’s Base Salary. The maximum Annual Performance Bonus Award that may be awarded to a Participant for a Fiscal Year shall be 300% of the Participant’s Base Salary for such Fiscal Year. 
  
 (b) Participants shall have their Annual Performance Bonus
Awards, if any, determined on the basis of the degree of achievement of performance goals which shall be established by the Committee in writing and which goals shall be stated in terms of the attainment of specified levels of or percentage changes
in any one or more of the following measurements. 
  

	 	•	 	common stock price 

  

	 	•	 	average annual growth in earnings per share 

  

	 	•	 	increase in shareholder value 

  

	 	•	 	earnings per share 

  

	 	•	 	net income 

  

	 	•	 	return on assets 

  

	 	•	 	return on shareholders’ equity 

  

	 	•	 	increase in cash flow 

  

	 	•	 	operating profit or operating margins 

  

	 	•	 	revenue growth of Kforce 

  

	 	•	 	operating expenses 

  

	 	•	 	gross profit percentage 

  

	 	•	 	working capital 

  

	 	•	 	revenue levels 

  

	 	•	 	selling, general and administrative expense levels 

  

	 	•	 	debt or debt-to-equity 

  

	 	•	 	accounts receivable write-offs 

  

	 	•	 	cash levels 

  

	 	•	 	liquidity 

  
 The Committee shall, for each Fiscal Year, establish the performance goal or goals from among the foregoing to apply to each Participant and a formula or matrix prescribing the extent to which such Participant’s
annual performance bonus award shall be earned based upon the achievement of such performance goal or goals. 
  
 (c) Each Annual Performance Bonus Award shall be based solely on achievement of one or more of the applicable performance goals as
established by the Committee pursuant to Section 5(a) above and the Committee shall not have the discretion to increase the amount of the Annual Performance Bonus Award. No Annual Performance Bonus Award shall be payable except upon written
certification by the Committee that the performance goals have been satisfied to a particular extent and that any other material terms and conditions precedent to payment of an Annual Performance Bonus Award have been satisfied. 
  

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 (d) Payment of any Annual Performance Bonus Award amount to be paid to a Participant
based upon the degree of attainment of the applicable performance goals shall be made at such time(s) as the Committee may in its discretion determine. However, the Award amount shall be paid in full within 30 days after the public release of its
audited results. 
  
 6. Participant’s Interests. A
Participant’s interest in any Awards shall at all times be reflected on the Firm’s books as a general unsecured and unfunded obligation of the Firm subject to the terms and conditions of the Plan. The Plan shall not give any person any
right or security interest in any asset of the Firm or any fund in which any deferred payment is deemed invested. Neither the Firm, the Board, nor the Committee shall be responsible for the adequacy of the general assets of the Firm to discharge, or
required to reserve or set aside funds for, the payment of its obligations hereunder. 
  
 7. Non-Alienation of Benefits; Beneficiary Designation. All rights and benefits under the Plan are personal to the Participant and neither the Plan nor any right or interest of a Participant or any other person
arising under the Plan is subject to voluntary or involuntary alienation, sale, transfer, or assignment. Subject to the foregoing, the Firm shall establish such procedures as it deems necessary for a Participant to designate one or more
beneficiaries to whom any payment the Committee determines to make would be payable in the event of the Participant’s death. 
  
 8. Withholding for Taxes. Notwithstanding any other provisions of this Plan, the Firm may withhold from any payment made by it under the Plan such
amount or amounts as may be required for purposes of complying with any federal, state and local tax or withholding requirements. 
  
 9. Rights of Employees. Nothing in the Plan shall interfere with or limit in any way the right of the Firm to terminate a Participant’s
employment at any time, or confer upon any Participant any right to continued employment with the Firm or any of its subsidiaries or affiliates. 
  
 10. Determinations Final. Each determination provided for in the Plan shall be made by the Committee under such procedures as may from time to time
be prescribed by the Committee and shall be made in the sole discretion of the Committee. Any such determination shall be conclusive. 
  
 11. Adjustment of Awards. The Committee shall be authorized to make adjustments in the method of calculating attainment of performance goals in
recognition of unusual or nonrecurring events affecting the Firm or its financial statements or changes in applicable laws, regulations or accounting principles; provided, however, that no such adjustment shall impair the rights of any Participant
without his consent and that any such adjustments with respect to Annual Performance Bonus Awards shall be made in a manner consistent with Section 162(m) of the Code. 
  
 12. Amendment or Termination. The Board may, in its sole discretion, amend, suspend or terminate the Plan from time
to time. No such termination or amendment shall alter a Participant’s right to receive a distribution as previously earned, as to which this Plan shall remain in effect following its termination until all such amounts have been paid, except as
the Firm may otherwise determine. 
  

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