Document:

Employment Agreement

 Exhibit 10.1 
 EMPLOYMENT AGREEMENT 
 This Employment Agreement (this “Agreement”) is entered into on
July 25, 2008, effective as of July 25, 2008 (the Effective Date”), between DaVita, Inc., a Delaware corporation (the “Company”), and Kent J. Thiry (the “Executive”). 
 WHEREAS, the Executive is currently employed as Chairman of the Board and Chief Executive Officer of the Company pursuant to an Employment Agreement
dated as of October 18, 1999, and as subsequently amended (the “Prior Employment Agreement”); and 
 WHEREAS, the Company
desires to continue the employment of the Executive, and the Executive desires to continue to be employed by the Company, upon the terms and subject to the conditions set forth herein. 
 NOW, THEREFORE, in consideration of the premises and the mutual agreements contained herein, the Company and the Executive hereby agree as follows:

 1. Employment. The Company hereby agrees to employ the Executive and the Executive hereby agrees to be employed by the
Company upon the terms and subject to the conditions contained in this Agreement. The term of employment of the Executive by the Company pursuant to this Agreement shall commence on the Effective Date and, unless earlier terminated pursuant to
Section 4 hereof, shall end on July 25, 2011 (the “Initial Term”); provided that the term of this Agreement shall be extended automatically for one additional year as of each anniversary of the Effective Date, commencing with the
second anniversary of the Effective Date, unless no later than 90 days prior to any such renewal date either the Board of Directors of the Company (the “Board”), on behalf of the Company, or the Executive gives written notice to the other
that the term of this Agreement shall not be so extended. The Initial Term and any extension of the Initial Term pursuant to this Section 1 shall be referred to herein as the “Employment Period.” 
 2. Positions and Duties; Responsibilities. (a) Positions and Duties. The Company shall employ the Executive during the
Employment Period as its Chairman of the Board and as its Chief Executive Officer. The Executive shall report to the Board. During the Employment Period, the Executive shall perform faithfully and loyally and to the best of the Executive’s
abilities the duties assigned to the Executive hereunder and shall devote the Executive’s full business time, attention and effort to the affairs of the Company and its subsidiaries and shall use the Executive’s reasonable best efforts to
promote the interests of the Company and its subsidiaries. 
 (b) Responsibilities. Subject to the powers, authority and
responsibilities vested in the Board and in duly constituted committees of the Board, the Executive shall have the authority and responsibility for the management, operation and overall conduct of the business of the Company. The Executive shall
also perform such other duties (not inconsistent with the positions of Chairman of the Board and Chief Executive Officer) on behalf of the Company and its subsidiaries as may from time to time be authorized or directed by the Board. 

 3. Compensation. (a) Base Salary. During the Employment Period, the Company
shall pay to the Executive a base salary at the rate of $1,050,000 per annum, payable in accordance with the Company’s executive payroll policy. Such base salary shall be reviewed annually, and shall be subject to such increases (and not
decreases), if any, as determined by the Compensation Committee of the Board. The Executive’s annual base salary in effect from time to time under this Section 3(a) is hereinafter referred to as “Base Salary.” 
 (b) Annual Incentive Bonus. During the Employment Period, the Executive shall be entitled to participate in the Company’s Executive Incentive
Plan or other annual bonus plan for senior executives (the “Incentive Plan”) in accordance with the terms of such plan. The target incentive bonus opportunity for the Executive for each fiscal year under the Incentive Plan shall be equal
to 100% of the Executive’s Base Salary in effect at the beginning of such fiscal year; provided that amount of the Executive’s bonus for a fiscal year may exceed 100% of the Executive’s Base Salary in effect at the beginning of such
fiscal year if target performance goals for the fiscal year are exceeded. The actual incentive bonus payable for any year shall be based upon objective criteria established and approved by the Compensation Committee of the Board, which shall be
similar to those applicable to other senior executives of the Company. 
 (c) Other Benefits. During the Employment Period, the
Executive shall be entitled to participate in the Company’s employee benefit plans generally available to executives of the Company (such benefits being hereinafter referred to as the “Employee Benefits”). The Executive shall be
entitled to take time off for vacation or illness in accordance with the Company’s policies and to receive all fringe benefits and perquisites as are from time to time made generally available to senior executives of the Company. 
 (d) Stock Options and Stock Appreciation Rights. During the Employment Period, the Executive shall be eligible to receive annual grants of stock
options and/or stock appreciation rights (“SARs”) under the Company’s 2002 Equity Compensation Plan (or a successor plan) with respect to such number of shares of Company common stock and with such terms and conditions established and
approved by the Compensation Committee of the Board, which shall be similar to those applicable to other senior executives of the Company. 
 (e) Restricted Stock Units. During the Employment Period, the Executive shall be eligible to receive annual grants of restricted stock units under the Company’s 2002 Equity Compensation Plan (or a successor plan) with respect to
such number of shares of Company common stock and with such financial performance requirements and other terms and conditions established and approved by the Compensation Committee of the Board, which shall be similar to those applicable to other
senior executives of the Company. 
 (f) Other Long-Term Incentives. During the Employment Period, the Executive shall be eligible to
participate in any other long-term incentives in which other senior executives of the Company participate. 
 (g) Expense
Reimbursement. The Company shall reimburse the Executive, in accordance with the Company’s policies and procedures, for all proper expenses incurred by the Executive during the Employment Period in the performance of the Executive’s
duties hereunder. 
  

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 4. Termination. (a) Death. Upon the death of the Executive, all rights of the
Executive and the Executive’s heirs, executors and administrators to compensation and other benefits under this Agreement shall cease immediately, except that the Executive’s heirs, executors or administrators, as the case may be, shall be
entitled to: 
 (i) accrued Base Salary through and including the Executive’s date of death; 
 (ii) the amount of any bonus earned and payable but not yet paid for the fiscal year prior to the year in which the Executive’s
termination of employment occurs; 
 (iii) other Employee Benefits to which the Executive was entitled on the date of death in
accordance with the terms of the plans and programs of the Company; and 
 (iv) the treatment of the options, SARs, restricted
stock units and any other long-term incentives granted to the Executive in accordance with the terms thereof. 
 (b) Disability. The
Company may, at its option, terminate the Executive’s employment upon written notice to the Executive if the Executive, because of physical or mental incapacity or disability, fails to perform the essential functions of the Executive’s
position, with or without reasonable accommodation, required of the Executive hereunder for a continuous period of 120 days or any 180 days within any 12-month period. Upon such termination, the Executive’s entitlement to compensation and
benefits shall cease immediately, except that the Executive shall be entitled to: 
 (i) accrued Base Salary through and
including the effective date of the Executive’s termination of employment; 
 (ii) the amount of any bonus earned and
payable but not yet paid for the fiscal year prior to the year in which the Executive’s termination of employment occurs; 
 (iii) other Employee Benefits to which the Executive is entitled upon termination of employment in accordance with the terms of the plans and programs of the Company; and 
 (iv) the treatment of the options, SARs, restricted stock units and any other long-term incentives granted to the Executive in accordance
with the terms thereof. 
 In the event of any dispute regarding the existence of the Executive’s incapacity or disability hereunder, the matter shall
be resolved by the determination of a physician mutually agreed upon by the Board and the Executive. The Executive shall submit to appropriate medical examinations for purposes of such determination. 
 (c) Cause. (i) The Company may, at its option, terminate the Executive’s employment under this Agreement for Cause (as
hereinafter defined) upon written notice to the Executive. Any such termination shall be authorized by the Board. 
 (ii) As
used in this Agreement, the term “Cause” shall mean any one or more of the following: 
 (A) the Executive’s
conviction of a felony; 
  

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 (B) any act of fraud or dishonesty by the Executive resulting or intended to result in
personal enrichment at the Company’s expense; 
 (C) repeated failure or refusal by the Executive to follow policies
established by the Board or written directives of the Board, that is not corrected within 30 days after notice of such failure or refusal, and that is material and willful and has a material adverse effect on the Company’s business; or

 (D) material breach by the Executive of this Agreement, that is not corrected within 30 days after notice of such breach.

 (iii) The exercise of the right of the Company to terminate the Executive’s employment under this Agreement pursuant
to this Section 4(c) shall not abrogate the rights or remedies of the Company in respect of the breach giving rise to such termination. 
 (iv) If the Company terminates the Executive’s employment for Cause, the Executive’s entitlement to compensation and benefits shall cease immediately, except that the Executive shall be entitled to the
payments and benefits specified in Sections 4(b)(i) through 4(b)(iv) hereof. 
 (d) Termination Without Cause. (i) The Company
may, at its option, terminate the Executive’s employment under this Agreement upon written notice to the Executive for a reason other than a reason set forth in Section 4(a), 4(b) or 4(c). Any such termination shall be authorized by the
Board. If the Company terminates the Executive’s employment for any such reason, the Executive’s entitlement to compensation and benefits shall cease immediately, except that the Executive shall be entitled to: 
 (A) the payments and benefits specified in Sections 4(b)(i) through 4(b)(iv) hereof, inclusive; 
 (B) a prorated annual incentive bonus (based on the actual bonus earned under the objective standards set forth in the Incentive Plan for
the fiscal year in which the Executive’s termination of employment occurs) through and including the Executive’s date of termination; 
 (C) an amount equal to the product of (x) three, and (y) the sum of the Base Salary and the Prior Bonus (as defined below), which shall be payable in a lump sum within the 90 days following the
Executive’s termination of employment, subject to satisfaction of Sections 6 and 7 hereof; 
 (D) if the Executive has
been employed by the Company for at least ten years on the date of the Executive’s termination pursuant to this Section 4(d)(i), 50% of any unvested stock options, stock appreciation rights and restricted stock units held by the Executive
on the date of the Executive’s termination shall become vested, and the remaining unvested stock options, stock appreciation rights and restricted stock units may continue to vest, contingent upon the Executive’s completion of any
consulting, board service, or other projects on behalf of the Company as may be determined by the Board; 
  

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 (E) the use of an office and the services of an administrative assistant for the lesser
of 36 months or until the Executive obtains other full-time employment; and 
 (F) continued health insurance coverage, at the
rates charged by the Company to active senior executives of the Company, for the lesser of 36 months or until comparable coverage is available to the Executive from another employer. 
 As used in this Agreement, the term “Prior Bonus” shall mean the average of the annual incentive bonus earned under the Incentive Plan
(including any bonus earned and payable but not yet paid) for the last two full fiscal years before the fiscal year in which the Executive’s employment was terminated. 
 (ii) In the event that, prior to the date on which the Executive attains age 62, the Board gives the Executive a notice pursuant to Section 1 hereof
that the term of this Agreement shall not be extended, upon the termination of the Executive’s employment at the end of the Employment Period the Executive shall be entitled to: 
 (A) the payments and benefits specified in Sections 4(b)(i) through 4(b)(iv) hereof, inclusive; 
 (B) a prorated annual incentive bonus (based on the actual bonus earned under the objective standards set forth in the Incentive Plan for
the fiscal year in which the Executive’s termination of employment occurs) through and including the Executive’s date of termination; 
 (C) an amount equal to the product of (x) one and one-half, and (y) the sum of the Base Salary and the Prior Bonus, which shall be payable in a lump sum within the 90 days following the Executive’s
termination of employment, subject to satisfaction of Sections 6 and 7 hereof; 
 (D) if the Executive has been employed by
the Company for at least ten years on the date of the Executive’s termination pursuant to this Section 4(d)(ii), 50% of any unvested stock options, stock appreciation rights and restricted stock units held by the Executive on the date of
the Executive’s termination shall become vested, and the remaining unvested stock options, stock appreciation rights and restricted stock units may continue to vest, contingent upon the Executive’s completion of such consulting, board
service, or other projects on behalf of the Company as may be determined by the Board; 
 (E) the use of an office and the
services of an administrative assistant for the lesser of 36 months or until the Executive obtains other full-time employment; and 
 (F) continued health insurance coverage, at the rates charged by the Company to active senior executives of the Company, for the lesser of 36 months or until comparable coverage is available to the Executive from another employer.

  

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 (e) Voluntary Termination. Upon 60 days prior written notice to the Company (or such shorter
period as may be permitted by the Board), the Executive may voluntarily terminate the Executive’s employment with the Company for any reason. If the Executive voluntarily terminates the Executive’s employment pursuant to this
Section 4(e), the Executive’s entitlement to compensation and benefits shall cease immediately, except that the Executive shall be entitled to the payments and benefits specified in Sections 4(b)(i) through 4(b)(iv) hereof. The
Executive’s resignation, without the consent of the Board, from either his position as Chairman of the Board or his position as Chief Executive Officer shall constitute a voluntary termination of employment by the Executive under this
Section 4(e). 
 (f) Termination for Good Reason. (i) Upon 30 days prior written notice to the Company (or such shorter
period as may be permitted by the Board), the Executive may voluntarily terminate the Executive’s employment with Good Reason (as hereinafter defined). If the Executive voluntarily terminates the Executive’s employment pursuant to this
Section 4(f), the Executive’s entitlement to compensation and benefits shall cease immediately, except that the Executive shall be entitled to: 
 (A) the payments and benefits specified in Sections 4(b)(i) through 4(b)(iv) hereof, inclusive; 
 (B) a prorated annual incentive bonus (based on the actual bonus earned under the objective standards set forth in the Incentive Plan for the fiscal year in which the Executive’s termination of employment occurs) through and including
the Executive’s date of termination; 
 (C) an amount equal to the product of (x) three, and (y) the sum of the
Base Salary and the Prior Bonus, which shall be payable in a lump sum within the 90 days following the Executive’s termination of employment, subject to satisfaction of Sections 6 and 7 hereof; 
 (D) if the Executive has been employed by the Company for at least ten years on the date of the Executive’s termination pursuant to
this Section 4(f), 50% of any unvested stock options, stock appreciation rights and restricted stock units held by the Executive on the date of the Executive’s termination shall become vested, and the remaining unvested stock options,
stock appreciation rights and restricted stock units may continue to vest, contingent upon the Executive’s completion of any consulting, board service, or other projects on behalf of the Company as may be determined by the Board; 
 (E) the use of an office and the services of an administrative assistant for the lesser of 36 months or until the Executive obtains other
full-time employment; and 
 (F) continued health insurance coverage, at the rates charged by the Company to active senior
executives of the Company, for the lesser of 36 months or until comparable coverage is available to the Executive from another employer. 
 (ii) As used in this Agreement, the term “Good Reason” shall mean during the Employment Period, without the written consent of the Executive, any one or more of the following, provided that an isolated,
insubstantial or inadvertent action not 

  

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taken in bad faith or failure not occurring in bad faith which is remedied by the Company promptly after receipt of notice thereof given by the Executive
shall not constitute Good Reason: 
 (A) the assignment to the Executive of any duties inconsistent in any material and
adverse respect with the Executive’s then current duties and responsibilities; 
 (B) the material and adverse change in
the Executive’s titles or positions; 
 (C) reduction in the Executive’s Base Salary or target annual incentive
opportunity, unless such reductions are part of an across-the-board reduction that applies to all senior executives of the Company and takes effect prior to a Change in Control (as hereinafter defined); or 
 (D) any material breach by the Company of this Agreement, that is not corrected within 30 days after notice of such breach. 
 (iii) As used in this Agreement, the term “Change in Control” means: 
 (A) any transaction or series of transactions in which any person or group (within the meaning of Rule 13d-5 under the Exchange Act and
Sections 13(d) and 14(d) under the Exchange Act) becomes the direct or indirect “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), by way of a stock issuance, tender offer, merger, consolidation, other business
combination or otherwise, of greater than 40% of the total voting power (on a fully diluted basis as if all convertible securities had been converted and all warrants and options had been exercised) entitled to vote in the election of directors of
the Company (including any transaction in which the Company becomes a wholly-owned or majority-owned subsidiary of another corporation), or 
 (B) consummation of any merger or consolidation in which the shares of the Company’s common stock outstanding immediately prior to such merger or consolidation represent 50% or less of the voting power of the
corporation resulting from such merger or consolidation, or, if applicable, the ultimate parent corporation of such corporation, or 
 (C) during any twenty-four month period, individuals who, as of the beginning of such period, constitute the Board (the “Incumbent Board”) cease for any reason to constitute at least a majority of such Board; provided that any
individual who becomes a director of the Company subsequent to the beginning of such period whose election, or nomination for election by the Company’s stockholders, was approved by the vote of at least a majority of the directors then
comprising the Incumbent Board shall be deemed a member of the Incumbent Board; and provided further, that any individual who was initially elected as a director of the Company as a result of an actual or threatened solicitation by a Person other
than the Board for the purpose of opposing a solicitation by any other Person with respect to the election or removal of directors, or any other actual or threatened solicitation of proxies or consents by or on behalf of any Person other than the
Board shall not be deemed a member of the Incumbent Board, or 
  

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 (D) consummation of any transaction in which all or substantially all of the
Company’s assets are sold, or 
 (E) the approval by the Company’s shareholders of a plan of complete liquidation or
dissolution of the Company; 
 provided, however, that no transaction contemplated by clauses (A) through (D) above
shall constitute a Change of Control if the person acting as the Chief Executive Officer of the Company for the twelve (12) months prior to such transaction continues as the Chief Executive Officer or Executive Chairman of the Board of
Directors of the Company or becomes the Chief Executive Officer or Executive Chairman of the Board of Directors of the entity that has acquired control of the Company as a result of such transaction (the “Acquiror”) immediately after such
transaction and remains the Chief Executive Officer or Executive Chairman of the Board of Directors for not less than twelve (12) months following the transaction, and further provided, that in the event that the person acting as the Chief
Executive Officer of the Company for the twelve (12) months prior to such transaction ceases to be Chief Executive Officer or Executive Chairman of the Board of Directors of the Company or of the Acquiror during the twelve (12) months
following the transaction, a Change of Control shall be deemed to have occurred on the date on which such person ceases to be Chief Executive Officer or Executive Chairman of the Board of Directors. 
 (g) Definition of Termination of Employment. For purposes of this Agreement, the Executive’s termination of employment shall mean the
Executive’s “separation from service”, as defined in Treasury Regulation §1.409A-1(h) (without regard to any permissible alternate definition thereunder). 
 5. Federal and State Withholding. The Company shall deduct from the amounts payable to the Executive pursuant to this Agreement the amount
of all required federal, state and local withholding taxes in accordance with the Executive’s Form W-4 on file with the Company, and all applicable federal employment taxes. 
 6. Noncompetition; Nonsolicitation. (a) General. The Executive acknowledges that in the course of the Executive’s
employment with the Company the Executive has and will become familiar with trade secrets and other confidential information concerning the Company and its subsidiaries and that the Executive’s services will be of special, unique and
extraordinary value to the Company and its subsidiaries. 
 (b) Noncompetition. The Executive agrees that during the period of the
Executive’s employment with the Company and for a period of two years thereafter (the “Noncompetition Period”), the Executive shall not in any manner, directly or indirectly, through any person, firm or corporation, alone or as a
member of a partnership or as an officer, director, stockholder, investor or employee of or consultant to any other corporation or enterprise or otherwise, engage or be engaged, or assist any other person, firm, corporation 

  

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or enterprise in engaging or being engaged, in any business, in which the Executive was involved or had knowledge, being conducted by, or being planned by,
the Company or any of its subsidiaries as of the termination of the Executive’s employment in any geographic area in which the Company or any of its subsidiaries is then conducting such business. Nothing in this Section 6(b) shall prohibit
the Executive from serving on any civic or industry board. 
 (c) Nonsolicitation. The Executive further agrees that during the
Noncompetition Period the Executive shall not (i) in any manner, directly or indirectly, induce or attempt to induce any employee of the Company or any of its subsidiaries to terminate or abandon his or her employment for any purpose whatsoever
or (ii) in connection with any business to which Section 6(b) applies, call on, service, solicit or otherwise do business with any customer of the Company or any of its subsidiaries. 
 (d) Exceptions. Nothing in this Section 6 shall prohibit the Executive from being (i) a stockholder in a mutual fund or a diversified
investment company or (ii) an owner of not more than two percent of the outstanding stock of any class of a corporation, any securities of which are publicly traded, so long as the Executive has no active participation in the business of such
corporation. 
 (e) Reformation. If, at any time of enforcement of this Section 6, a court or an arbitrator holds that the
restrictions stated herein are unreasonable under circumstances then existing, the parties hereto agree that the maximum period, scope or geographical area reasonable under such circumstances shall be substituted for the stated period, scope or area
and that the court or arbitrator shall be allowed to revise the restrictions contained herein to cover the maximum period, scope and area permitted by law. This Agreement shall not authorize a court or arbitrator to increase or broaden any of the
restrictions in this Section 6. 
 7. Confidentiality. (a) Executive acknowledges and agrees that: (i) in the
course of his employment or continued employment by the Company, it will or may be necessary for Executive to create, use or have access to (A) technical, business, or customer information, materials, or data relating to the Company’s
present or planned business which has not previously been released to the public with the Company’s authorization, including, but not limited to, confidential information, materials or proprietary data belonging to the Company or relating to
the Company’s affairs (collectively, “Confidential Information”) and (B) information and materials that concern the Company’s business that come into Executive’s possession by reason of employment with the Company
(collectively, “Business Related Information”); (ii) all Confidential Information and Business Related Information are the property of the Company; (iii) the use, misappropriation or disclosure of any Confidential Information or
any Business Related Information would constitute a breach of trust and could cause serious and irreparable injury to the Company; and (iv) it is essential to the protection of the Company’s goodwill and to the maintenance of the
Company’s competitive position that all Confidential Information and Business Related Information be kept confidential and that Executive not disclose any Confidential Information or Business Related Information to others or use any
Confidential Information or Business Related Information to Executive’s own advantage or the advantage of others. 
  

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 (b) In recognition of the acknowledgments contained in Section 7(a) above, Executive agrees that,
during the period when the Executive is performing services for the Company in any capacity and for a period of two years thereafter, or such earlier date on which the Confidential Information and Business Related Information becomes publicly
available (otherwise than through breach by Executive), Executive shall: (i) hold and safeguard all Confidential Information and Business Related Information in trust for the Company, its successors and assigns; (ii) not appropriate or
disclose or make available to anyone for use outside of the Company’s organization at any time, either during employment with the Company or subsequent to the termination of employment with the Company for any reason, any Confidential
Information or Business Related Information, whether or not developed by Executive, except as required in the performance of Executive’s duties to the Company; (iii) keep in strictest confidence any Confidential Information or Business
Related Information; and (iv) not disclose or divulge, or allow to be disclosed or divulged by any person within Executive’s control, to any person, firm or corporation, or use directly or indirectly, for Executive’s own benefit or
the benefit of others, any Confidential Information or Business Related Information. 
 8. Enforcement. The parties hereto
agree that the Company and its subsidiaries would be damaged irreparably in the event that any provision of Section 6 or 7 of this Agreement were not performed in accordance with its terms or were otherwise breached and that money damages would
be an inadequate remedy for any such nonperformance or breach. Accordingly, the Company and its successors and permitted assigns shall be entitled, in addition to other rights and remedies existing in their favor, to seek an injunction or
injunctions to prevent any breach or threatened breach of any of such provisions and to enforce such provisions specifically (without posting a bond or other security). The Executive agrees that the Executive will submit to the personal jurisdiction
of the courts of the State of California in any action by the Company to enforce an arbitration award against the Executive or to obtain interim injunctive or other relief pending an arbitration decision. 
 9. Representations. The Executive represents and warrants to the Company that (a) the execution, delivery and performance of this
Agreement by the Executive does not and will not conflict with, breach, violate or cause a default under any contract, agreement, instrument, order, judgment or decree to which the Executive is a party or by which the Executive is bound,
(b) the Executive is not a party to or bound by any employment agreement, noncompetition agreement or confidentiality agreement with any other person or entity that would interfere with the execution, delivery or performance of this Agreement
by the Executive, and (c) upon the execution and delivery of this Agreement by the Company, this Agreement shall be the valid and binding obligation of the Executive, enforceable in accordance with its terms. 
 10. Survival. This Agreement shall survive and continue in full force and effect in accordance with its terms, notwithstanding any
termination of the Employment Period. 
 11. Dispute Resolution. (a) Mediation. Except as otherwise set forth in
Section 8 hereof, in the event of any dispute concerning Executive’s employment by the Company, whether or not relating to this Agreement, the Executive and the Company shall first attempt to resolve such dispute through mediation as
provided in this Section 11(a); provided, however, that neither party shall be required to utilize such mediation procedures to the extent that injunctive relief is being sought by a party in the good faith 

  

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belief that an immediate remedy is required to avoid irreparable injury to such party. Except as otherwise provided in the proviso to the immediately
preceding sentence, in the event that either party desires to resolve a dispute concerning the Executive’s employment by the Company, such party shall first give written notice to the other party identifying the nature of the dispute. The
parties shall then promptly (and, in any event, within ten (10) business days of the giving of notice of a dispute) engage the services of an impartial, experienced employment mediator (the “Mediator”) under the auspices of
JAMS/Endispute (or such other mediation service as the parties may mutually select) in Los Angeles County, California and shall promptly schedule a mediation session with the Mediator which is not later than forty five (45) days after the date
of the selection of the Mediator. The Mediator shall conduct a one-day mediation session, attended by both parties and their counsel, in an attempt to informally resolve the dispute. By oral or written agreement of both parties, follow-up or
additional mediation sessions may be scheduled, but neither party shall be required to participate in more than one day of mediation. Neither party shall be required to submit briefs or position papers to the Mediator, but both parties shall have
the right to do so, subject to such rules and procedures as the Mediator may establish in his or her sole discretion. Except as otherwise agreed by the parties, all written submissions to the Mediator shall remain confidential as between the
submitting party and the Mediator. The mediation process shall be treated as a settlement negotiation and no evidence introduced or statements made in the mediation process may be used in any way by either party or any other person in connection
with any subsequent litigation or other legal proceedings (except to the extent independently obtained through discovery in such litigation or proceedings) and the disclosure of any privileged information to the Mediator shall not operate as a
waiver of the privilege with respect to such information. Each party shall bear all of its own costs, attorneys’ fees and expenses related to preparing for and attending any mediation conducted under this Agreement. The fees and expenses of the
Mediator and the mediation service used, if any, shall be borne equally by the Company and the Executive, and will be borne exclusively by the Company when such is required by law. 
 (b) Arbitration. Except as otherwise set forth in Section 8 hereof, in the event that a dispute concerning Executive’s employment by the
Company, whether or not relating to this Agreement, is not resolved pursuant to the mediation process described in Section 11(a), such dispute shall be settled by final and binding arbitration in Los Angeles, California administered by the
American Arbitration Association, with any such dispute arising under this Agreement being so administered in accordance with its Employment Dispute Rules then in effect, and judgment on the award rendered by the arbitrator may be entered in any
court having jurisdiction thereof. Adequate discovery will be permitted by the arbitrator consistent with applicable law and the objectives of the arbitration. The arbitrator shall apply California and federal substantive law, including any
applicable statutes of limitation. The arbitrator shall have the authority to award any remedy or relief that a court of competent jurisdiction could order or grant, including, without limitation, the issuance of an injunction, and may award the
prevailing party legal fees and expenses and arbitration fees and expenses that are incurred by the prevailing party if the substantive law at issue, or other applicable law, permits. Either party may, without inconsistency with this arbitration
provision, apply to any court having jurisdiction over such dispute or controversy and seek interim provisional, injunctive or other equitable relief until the arbitration award is rendered or the controversy is otherwise resolved. The award of the
arbitrator, which shall be in writing summarizing the basis for the decision, shall be final and binding upon the parties and subject only to limited review as required by law. To the extent required by law, the Company shall pay the fees and costs

  

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of the arbitrator that exceed those normally incurred in the filing of a lawsuit in court. Except as necessary in court proceedings to enforce this
arbitration provision or an award rendered hereunder, or to obtain interim relief, neither a party nor an arbitrator may disclose the existence, content or results of any arbitration hereunder without the prior written consent of the Company and the
Executive. The Company and the Executive acknowledge that this Agreement evidences a transaction involving interstate commerce. Notwithstanding any choice of law provision included in this Agreement, the United States Federal Arbitration Act shall
govern the interpretation and enforcement of this arbitration provision. 
 12. Delay of Payments. In the event that any
payment to be made to the Executive hereunder within six months following the Executive’s termination of employment as a result of the Executive’s termination of employment would be subject to a penalty tax under Section 409A of the
Internal Revenue Code of 1986, such payment shall be delayed and paid to the Executive in the seventh calendar month following the calendar month in which the Executive’s termination of employment occurs. 
 13. Indemnification. The Company shall maintain, for the benefit of the Executive, director and officer liability insurance in form
at least as comprehensive as, and in an amount that is at least equal to, that maintained by the Company for any other officer or director. In addition, the Executive shall be indemnified by the Company against liability as an officer and director
of the Company and any subsidiary or affiliate of the Company to the maximum extent permitted by applicable law. The Executive’s rights under this Section 13 shall continue so long as he may be subject to such liability, whether or not
this Agreement may have terminated prior thereto. 
 14. Notices. All notices and other communications required or permitted
hereunder shall be in writing and shall be deemed given when (a) delivered personally or by overnight courier to the following address of the other party hereto (or such other address for such party as shall be specified by notice given
pursuant to this Section) or (b) sent by facsimile, with the confirmatory copy delivered by overnight courier to the address of such party pursuant to this Section 14: 
 If to the Company, to: 
 DaVita Inc.

 601 Hawaii Street 
 El
Segundo, CA 90245 
 Attention: 
 with a copy to: 
 Sidley Austin LLP 
 1 South Dearborn Street 
 Chicago, Illinois 60603 
 Attention: John M. O’Hare, Esq. 
  

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 If to the Executive, to the last known mailing address for the Executive contained in the
records of the Company. 
 15. Severability. Whenever possible, each provision of this Agreement shall be interpreted in such
manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under applicable law or rule in any jurisdiction, such invalidity, illegality or
unenforceability shall not affect the validity, legality or enforceability of any other provision of this Agreement or the validity, legality or enforceability of such provision in any other jurisdiction, but this Agreement shall be reformed,
construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein. 
 16.
Certain Additional Payments by the Company. 
 (a) In the event it shall be determined that any payment or distribution by the
Company or its affiliated companies to or for the benefit of the Executive (whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise, but determined without regard to any additional payments
required under this Section 16) (a “Payment”) would be subject to the excise tax imposed by Section 4999 of the Internal Revenue Code of 1986, as amended (the “Code”), or any interest or penalties are incurred by the
Executive with respect to such excise tax (such excise tax, together with any such interest and penalties, are hereinafter collectively referred to as the “Excise Tax”), then the Executive shall be entitled to receive an additional payment
(a “Gross-Up Payment”) in an amount such that after payment by the Executive of all taxes (including any interest or penalties imposed with respect to such taxes), including, without limitation, any income taxes (and any interest and
penalties imposed with respect thereto) and Excise Tax imposed upon the Gross-Up Payment, the Executive retains an amount of the Gross-Up Payment equal to the Excise Tax imposed upon the Payments. 
 (b) Subject to the provisions of Section 16(c), all determinations required to be made under this Section 16, including whether and when a
Gross-Up Payment is required and the amount of such Gross-Up Payment and the assumptions to be utilized in arriving at such determination, shall be made by the Company’s public accounting firm (the “Accounting Firm”) which shall
provide detailed supporting calculations both to the Company and the Executive within 15 business days of the receipt of notice from the Executive that there has been a Payment, or such earlier time as is requested by the Company. In the event that
the Accounting Firm is serving as accountant or auditor for the individual, entity or group effecting the Change in Control, the Company shall appoint another nationally recognized public accounting firm to make the determinations required hereunder
(which accounting firm shall then be referred to as the Accounting Firm hereunder). All fees and expenses of the Accounting Firm shall be borne solely by the Company. Any Gross-Up Payment, as determined pursuant to this Section 16, shall be
paid by the Company to the Executive within five days of the receipt of the Accounting Firm’s determination, and in no event later than the end of the calendar year following the calendar year in which the Executive pays the Excise Tax. Any
determination by the Accounting Firm shall be binding upon the Company and the Executive. As a result of the uncertainty in the application of Section 4999 of the Code at the time of the initial determination by the Accounting Firm hereunder,
it is possible that Gross-Up Payments which will not have been made by the 

  

 13 

 
Company should have been made (“Underpayment”), consistent with the calculations required to be made hereunder. In the event that the Company
exhausts its remedies pursuant to Section 16(c) and the Executive thereafter is required to make a payment of any Excise Tax, the Accounting Firm shall determine the amount of the Underpayment that has occurred and any such Underpayment shall
be promptly paid by the Company to or for the benefit of the Executive. 
 (c) The Executive shall notify the Company in writing of any claim
by the Internal Revenue Service that, if successful, would require the payment by the Company of the Gross-Up Payment. Such notification shall be given as soon as practicable but no later than 10 business days after the Executive is informed in
writing of such claim and shall apprise the Company of the nature of such claim and the date on which such claim is requested to be paid. The Executive shall not pay such claim prior to the expiration of the 30-day period following the date on which
the Executive gives such notice to the Company (or such shorter period ending on the date that any payment of taxes with respect to such claim is due). If the Company notifies the Executive in writing prior to the expiration of such period that it
desires to contest such claim, the Executive shall: 
 (1) give the Company any information reasonably requested by the
Company relating to such claim; 
 (2) take such action in connection with contesting such claim as the Company shall
reasonably request in writing from time to time, including, without limitation, accepting legal representation with respect to such claim by an attorney reasonably selected by the Company; 
 (3) cooperate with the Company in good faith in order effectively to contest such claim; and 
 (4) permit the Company to participate in any proceedings relating to such claim; 
 provided, however, that the Company shall bear and pay directly all costs and expenses (including additional interest and penalties) incurred in connection
with such contest and shall indemnify and hold the Executive harmless, on an after-tax basis, for any Excise Tax or income tax (including interest and penalties with respect thereto) imposed as a result of such representation and payment of costs
and expenses. Without limitation on the foregoing provisions of this Section 16(c), the Company shall control all proceedings taken in connection with such contest and, at its sole option, may pursue or forgo any and all administrative appeals,
proceedings, hearings and conferences with the taxing authority in respect of such claim and may, at its sole option, either direct the Executive to pay the tax claimed and sue for a refund or contest the claim in any permissible manner, and the
Executive agrees to prosecute such contest to a determination before any administrative tribunal, in a court of initial jurisdiction and in one or more appellate courts, as the Company shall determine; provided further, that if the
Company directs the Executive to pay such claim and sue for a refund, the Company shall advance the amount of such payment to the Executive on an interest-free basis and shall indemnify and hold the 

  

 14 

 
Executive harmless, on an after-tax basis, from any Excise Tax or income tax (including interest or penalties with respect thereto) imposed with respect to
such advance or with respect to any imputed income with respect to such advance; and provided further, that any extension of the statute of limitations relating to payment of taxes for the taxable year of the Executive with respect to
which such contested amount is claimed to be due is limited solely to such contested amount. Furthermore, the Company’s control of the contest shall be limited to issues with respect to which a Gross-Up Payment would be payable hereunder and
the Executive shall be entitled to settle or contest, as the case may be, any other issue raised by the Internal Revenue Service or any other taxing authority. 
 (d) If, after the receipt by the Executive of an amount advanced by the Company pursuant to Section 16(c), the Executive becomes entitled to receive, and receives, any refund with respect to such claim, the shall
(subject to the Company’s complying with the requirements of Section 16(c)) promptly pay to the Company the amount of such refund (together with any interest paid or credited thereon after taxes applicable thereto). If, after the receipt
by the Executive of an amount advanced by the Company pursuant to Section 16(c), a determination is made that the Executive shall not be entitled to any refund with respect to such claim and the Company does not notify the Executive in writing
of its intent to contest such denial of refund prior to the expiration of 30 days after such determination, then such advance shall be forgiven and shall not be required to be repaid and the amount of such advance shall offset, to the extent
thereof, the amount of Gross-Up Payment required to be paid. 
 17. Entire Agreement. This Agreement constitutes the entire
agreement and understanding between the parties with respect to the subject matter hereof or thereof and supersedes and preempts the Prior Employment Agreement and any other prior understandings, agreements or representations by or between the
parties, written or oral, which may have related in any manner to the subject matter hereof or thereof. 
 18. No Mitigation.
In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement, and such amounts shall not be reduced whether
or not the Executive obtains other employment. 
 19. Successors and Assigns. This Agreement shall be enforceable by the
Executive and the Executive’s heirs, executors, administrators and legal representatives, and by the Company and its successors and assigns. 
 20. Governing Law. This Agreement shall be governed by and construed and enforced in accordance with the internal laws of the State of California without regard to principles of conflict of laws. 
 21. Amendment and Waiver. The provisions of this Agreement may be amended or waived only by the written agreement of the Company and the
Executive, and no course of conduct or failure or delay in enforcing the provisions of this Agreement shall affect the validity, binding effect or enforceability of this Agreement. 
  

 15 

 22. Counterparts. This Agreement may be executed in two counterparts, each of which shall
be deemed to be an original and both of which together shall constitute one and the same instrument. 
 IN WITNESS WHEREOF, the parties
hereto have executed this Agreement as of the date first written above. 
  

					
	DAVITA INC.
			
		 	By:	 	 /s/    Joseph Schohl

		 	Name:	 	Joseph Schohl
		 	Title:	 	Vice President, General Counsel and Secretary

  

			
	 EXECUTIVE

		
		 	 /s/    Kent J. Thiry

		 	 Kent J. Thiry

  

 16Senior Executive Retirement Plan, as amended and restated

 EXHIBIT 10.1 
 ROBERT HALF INTERNATIONAL INC. 
 SENIOR EXECUTIVE RETIREMENT PLAN 
 (As Amended and Restated Effective July 29, 2008) 
 1. INTRODUCTION. This Plan was adopted by the Company to provide retirement benefits to those individuals, other than any individual holding the office of Chief Executive Officer or President, who
participated in the Company’s Deferred Compensation Plan and, with respect to those individuals, this Plan shall supersede the Deferred Compensation Plan. The Administrator or the Chief Executive Officer may also select other Participants to be
eligible for benefits hereunder. It is amended and restated effective July 29, 2008, to comply with the regulations adopted by the Internal Revenue Service in connection with Section 409A of the Internal Revenue Code (“Section 409A).

 2. DEFINITIONS. As used in this Plan, the following terms have the meanings set forth below: 
 ADMINISTRATOR means the Compensation Committee of the Board. 
 BOARD means the Board of Directors of the Company. 
 CHANGE IN CONTROL means the occurrence of any of the following: 
 (a) Any person or group (as such terms are defined in Section 13(d)(3) of the Exchange Act), other than an employee benefit plan
sponsored by the Company or a subsidiary thereof or a corporation owned (directly or indirectly), by the stockholders of the Company in substantially the same proportions of the ownership of stock of the Company, shall become the beneficial owner of
securities of the Company representing 20% or more, or commences a tender or exchange offer following the successful consummation of which the offerer and its affiliates would beneficially own securities representing 20% or more, of the combined
voting power of then outstanding securities ordinarily (and apart from rights accruing in special circumstances) having the right to vote in the election of directors, as a result of a tender or exchange offer, open market purchases, privately
negotiated purchases or otherwise; PROVIDED, HOWEVER, that a Change in Control shall not be deemed to include the acquisition by any such person or group of securities representing 20% or more of the Company if such party has acquired such
securities not with the purpose nor with the effect of changing or influencing the control of the Company, nor in connection with or as a participant in any transaction having such purposes or effect, including, without limitation, not in connection
with such party (i) making any public announcement with respect to the voting of such shares at any meeting to consider a merger, consolidation, sale of substantial assets or other business combination or extraordinary transaction involving the
Company, (ii) making, or in any way participating in, any “solicitation” of “proxies” (as such terms are defined or used in Regulation 14A under the Exchange Act) to vote any voting securities of the Company (including,
without limitation, any such solicitation subject to Rule 14a-11 under the Exchange Act) or seeking to advise or influence any party with respect to the voting of any voting securities of the Company, directly or indirectly, relating to a merger or
other business combination involving the Company or the sale or transfer of substantial assets of the Company, (iii) forming, joining or in any way participating in any “group” within the meaning of Section 13(d)(3) of the
Exchange Act with respect to any voting securities of the Company, directly or indirectly, relating to a merger or other business combination involving the Company or the sale or transfer of any substantial assets of the Company, or
(iv) otherwise acting, alone or in concert with others, to seek control of the Company or to seek to control or influence the management or policies of the Company. 
 (b) The stockholders of the Company shall approve any plan or proposal for the liquidation or dissolution of the Company. 
 (c) A change in the composition of the Board of Directors of the Company occurring within a two-year period, as a result of which fewer
than a majority of the directors are Incumbent Directors. “Incumbent Directors” shall mean directors who either (i) are directors of the Company as of the date hereof, or (ii) are elected, or nominated for election, to the Board
of Directors of the Company with the affirmative votes of at least a majority of the Incumbent Directors at the time of such election or nomination (but shall not include 

 
an individual whose election or nomination is in connection with an actual or threatened proxy contest relating to the election of directors to the Company).
As a result of or in connection with any cash tender offer, merger, or other business combination, sale of assets or contested election, or combination of the foregoing, the persons who were directors of the Company just prior to such event shall
cease within one year to constitute a majority of the Board. 
 (d) The Company’s stockholders approve a definitive
agreement providing for a transaction in which the Company will cease to be an independent publicly owned corporation. 
 (e)
The stockholders of the Company approve a definitive agreement (i) to merge or consolidate the Company with or into another corporation in which the holders of the Stock immediately before such merger or reorganization will not, immediately
following such merger or reorganization, hold as a group on a fully-diluted basis both the ability to elect at least a majority of the directors of the surviving corporation and at least a majority in value of the surviving corporation’s
outstanding equity securities, or (ii) to sell or otherwise dispose of all or substantially all of the assets of the Company. 
 COMPANY
means Robert Half International Inc., a Delaware corporation. 
 EARLIEST PAYMENT DATE shall mean six months following Separation from
Service or such alternate date as future modifications or amendments to Section 409A and the rules and regulations thereunder may specify as the earliest permitted date for a payment to be made, or, if earlier the date of Employee’s death.

 EXCHANGE ACT means the Securities Exchange Act of 1934, as amended. 
 OFFER means a tender offer or an exchange offer for shares of the Company’s Stock. 
 PARTICIPANT means any elected executive officer or any key executive, other than any individual holding the office of Chief Executive Officer or
President, approved by the Administrator or the Chief Executive Officer for participation in the Plan. The benefits of individuals (other than any individual holding the office of Chief Executive Officer or President) who had accounts (whether or
not vested) under the Deferred Compensation Plan shall be transferred to this Plan, effective December 31, 1995, with interest for 1995 credited at the rate and as provided in Section 7 hereof instead of at the rate and as provided in the
Deferred Compensation Plan. With respect to the year ended December 31, 1995 those individuals will thereafter be Participants hereunder and will no longer participate in the Deferred Compensation Plan. 
 PLAN means the Senior Executive Retirement Plan. 
 SEPARATION FROM SERVICE shall have the meaning specified by Section 409A and the rules and regulations thereunder, as such meaning may be modified or amended from time to time. 
 SPECIFIED EMPLOYEE shall have the meaning specified by Section 409A and the rules and regulations thereunder, as such meaning may be modified or
amended from time to time. 
 VOTING SHARES means the outstanding shares of the Company entitled to vote for the election of directors.

 3. PURPOSE OF THE PLAN. The purpose of the Plan is to attract, retain and reward Participants by providing them with
supplemental income for use after their retirement. The Plan is designed to qualify as an unfunded ERISA “top-hat” plan for a select group of management or highly compensated employees of the Company and its subsidiaries designated by the
Administrator. The Plan is intended to satisfy the requirements of, and shall be implemented and administered in a manner consistent with, Section 409A of the Internal Revenue Code of 1986, as amended (the “Section 409A”). 

4. ADMINISTRATION. The Administrator shall have full power to interpret, construe and administer the Plan, except as otherwise provided in
the Plan. The expense of administering the Plan shall be borne by the Company and shall not be charged against benefits payable hereunder. 

 5. DEFERRED COMPENSATION FORMULA. Each Participant shall receive the base salary and annual
cash bonus payable to that Participant for services rendered in his capacity as an employee of the Company or a designated subsidiary during the calendar year of participation, plus fifteen percent (15%) of such base salary and annual cash
bonus as deferred compensation pursuant to this Plan, provided he is employed by the Company on the last day of such calendar year (December 31, 1995 for the first year). A Participant’s allocation of deferred compensation hereunder shall be
deemed to have been made, for all purposes relating to this Plan, as of the first business day of the year following the year with respect to which the deferred compensation has been earned. 
 The Administrator or the Chief Executive Officer may at any time designate any Participant as entitled to receive a Change in Control Allocation. Once a
Participant is so designated, such designation may not be rescinded. With respect to any Participant who has been designated as entitled to receive a Change in Control Allocation, there shall be allocated to such Participant’s account promptly
following a Change in Control (if such Participant is employed by the Company on the date of the Change in Control) an amount equal to the product of (a) the number of whole years remaining until the Participant attains age 62 and (b) the
last annual allocation made under the Plan. After such Change in Control Allocation has been made, each subsequent annual allocation under the Plan for such Participant following the Change in Control and prior to such Participant’s 62nd
birthday shall be reduced by an amount equal to the last annual allocation made to such Participant prior to the Change in Control. 
 6. SEPARATE ACCOUNTS. The Administrator shall maintain two individual accounts under the name of each Participant entitled to allocations pursuant to the Plan. Each such account shall be adjusted, as described in the next
paragraph, to reflect any amounts transferred from the Deferred Compensation Plan, deferred compensation credited hereunder, interest credited on such amounts and any distribution of such amounts hereunder. The establishment and maintenance of
separate accounts for each Participant shall not be construed as giving any person any interest in any assets of the Company or any right to payment other than as provided hereunder or any right to participate hereunder or in future years of
employment. Such accounts shall be unfunded and maintained only for bookkeeping convenience; provided, however, the Company may establish an irrevocable grantor trust and contribute amounts to such trust to support its obligations hereunder.

 One account for each individual (the “First Account”) shall consist of (a) all vested allocations for the individual as of
December 31, 2004, and (b) all interest on such allocations, regardless of when credited. The other account for each individual (the “Second Account”) shall consist of (a) all allocations earned after December 31, 2004,
(b) all allocations that become vested after December 31, 2004, (c) all interest on such amounts and (d) any other amounts that may be credited to the individual hereunder from time-to-time. 
 7. INVESTMENT PERFORMANCE. Each account shall be credited on the last day of each calendar year with interest on the balance of such account as
of the first day of the calendar year. Interest credited for a calendar year shall be at a rate equal to one hundred (100%) of the Moody’s Corporate bond Yield Average reported in THE WALL STREET JOURNAL on the last business day of the
calendar year (or the valuation date selected by the Administrator preceding a distribution). 
 8. VESTING. Each Participant’s interest under the Plan shall be forfeitable upon such Participant’s termination of employment for any reason, except to the extent it becomes vested hereunder. Each
Participant’s interest, regardless of when allocated, will be deemed unvested unless and until such Participant has completed ten years of service with the Company. “Years of Service” shall be based on the anniversary of the later of
the Participant’s date of hire or his or her transfer to Company headquarters. At such time as the Participant has completed ten years service with the Company, the amount vested at any given time shall be (a) 50%, if Participant is age 50
or younger, (b) the sum of (i) 50% and (ii) 4 1/6% times the difference between Participant’s age and 50, if
Participant is between age 51 and age 62, or (c) 100%, if Participant is age 62 or older. In the event of a Change in Control, all amounts credited under the Plan to each affected Participant shall become fully vested and nonforfeitable as a
result of such event. Notwithstanding the foregoing, amounts shall vest hereunder in accordance with the terms of any severance agreement or other written arrangement between the Participant and the Company. In addition and notwithstanding the
foregoing, the accounts transferred to this Plan from the Company’s Deferred Compensation Plan, including any and all investment performance hereunder, shall continue to vest under the terms of the Deferred Compensation Plan. 

 9. TIME OF DISTRIBUTION. No vested amounts shall be payable hereunder until the first to occur
of the following events, the first date on which any such event occurs being hereinafter referred to as the “Termination Date”: 
 (a) The date of the Participant’s complete and total disability, as determined by the Administrator in its sole discretion (without regard to eligibility for benefits under any disability plan or program of the
Company and/or its subsidiaries); 
 (b) The Participant’s death; or 
 (c) The date of the Participant’s Separation from Service with the Company and/or its subsidiaries for any reason. 
 Notwithstanding anything to the contrary, the date of a Participant’s “complete and total disability” shall be determined by the
Administrator in a manner consistent with any applicable provisions of Section 409A and the rules and regulations promulgated thereunder. 
 Notwithstanding the foregoing, distribution may occur at an earlier date as provided in Section 10 hereunder. 
 If
distribution occurs before the end of a year a Participant shall receive a pro rata amount of deferred compensation under Section 5 hereof. 
 All vested amounts in a Participant’s First Account shall be valued and paid within 90 days following the occurrence of any of the events referred to above in clauses (a) through (c) of this Section 9. 
 In the event of a Participant’s death, all vested amounts in the Participant’s Second Account shall be valued and paid within 90 days
thereafter. In the event of a Participant’s Separation from Service pursuant to clauses (a) or (c) above, all vested amounts in the Participant’s Second Account shall be valued and paid within 90 days thereafter, provided,
however, that if Participant is a Specified Employee, vested amounts in the Second Account shall be paid no earlier than the Earliest Payment Date and no later than ten business days thereafter. 
 10. WITHDRAWALS. Notwithstanding Section 9, the Administrator may direct payment of all or any portion of a Participant’s First
Account, after application by the Participant. Any such application must show demonstrable financial need for distribution in order to meet extraordinary medical or medically related expenses, substantial costs related to residential requirements of
the Participant, family educational expenses in an amount considered by the Administrator burdensome in relation to the Participant’s other available financial resources for meeting such expenses, extraordinary expenses related to an
unanticipated casualty, accident or other misfortune or any other similar need approved by the Administrator. 
 Any such distribution shall
be made in the sole discretion of the Administrator. 
 11. METHOD OF DISTRIBUTION. Upon a Separation from Service, the Participant
shall receive a lump-sum distribution of all amounts payable hereunder. 
 12. DEATH OF PLAN PARTICIPANT. In the event that a
Participant shall die at any time prior to complete distribution of all amounts payable to him hereunder, the remaining unpaid amounts shall be paid in a lump-sum to the beneficiary or beneficiaries designated by the Participant, or in the absence
of any such designation, to his estate. Each Participant shall have the right to designate a beneficiary (or beneficiaries) in the event of his death; provided that in the event that the Participant is married and designates a beneficiary other than
his spouse, his spouse must consent to such designation. 

 13. PAYMENT IN THE EVENT OF DISABILITY. If a person entitled to any payment hereunder shall be
under a legal disability, or in the sole judgment of the Administrator shall otherwise be unable to apply such payment to his own interest and advantage, the Administrator in the exercise of its discretion may direct the Company to make any such
payment in any one (1) or more of the following ways: 
 (a) Directly to such person; 
 (b) To his legal guardian or conservator; or 
 (c) To his spouse or to any person charged with his support; 
 to be expended for the benefit of Participant. The decision
of the Administrator shall in each case be final and binding upon all persons in interest. Any such payment shall completely discharge the obligations of the Administrator and Company with regard to such payment. 
 14. ASSIGNMENT. No Participant or beneficiary of a Participant shall have any right to assign, pledge, hypothecate, anticipate or in any way
create a lien upon any amounts payable hereunder. No amounts payable hereunder shall be subject to assignment or transfer or otherwise be alienable, either by voluntary or involuntary act or by operation of law, or subject to attachment, execution,
garnishment, sequestration or other seizure under any legal, equitable or other process, or be liable in any way for the debts or defaults of Participants and their beneficiaries, except to the extent permitted by applicable law and pursuant to the
Administrator’s receipt and approval of a “qualified domestic relations order.” 
 15. WITHHOLDING. Any taxes
required to be withheld from deferrals or payments to Participants hereunder shall be deducted and withheld by the Company. 
 16. AMENDMENT AND TERMINATION. This Plan may be amended in whole or in part by action of the Administrator and may be terminated at any time by action of the Administrator; provided, however, that no such amendment or termination
shall reduce any amount credited hereunder to the extent such amount was credited prior to the date of amendment or termination; and provided, further, that the duties and liabilities of the members of the Administrator hereunder shall not be
increased without their consent. 
 17. RIGHTS OF PARTICIPANTS. The Company’s sole obligation to Participants and their
beneficiaries shall be to make payment as provided hereunder. All payments shall be made from the general assets of the Company, and no Participant shall have any right hereunder to any specific assets of the Company or to be retained in the
employment of the Company. All amounts of compensation allocated under this Plan, any property purchased therewith and all income attributable thereto shall remain the property and rights of the Company subject to the claims of the Company’s
general creditors. 
 18. BINDING PROVISIONS. All of the provisions of this Plan shall be binding upon all persons who shall be
entitled to any benefits hereunder, and their heirs, and personal representatives. 
 19. EFFECTIVE DATE. This Plan shall be
effective December 31, 1995, as amended and rested effective July 29, 2008. 
 20. GOVERNING LAW. This Plan and all
determinations made and actions taken pursuant hereto shall, to the extent not preempted by ERISA, be governed by the law of the State of California and construed accordingly. 
 21. SEVERABILITY. If any provision of this Plan is held to be unenforceable for any reason, it shall be adjusted rather than voided, if
possible, in order to achieve the intent of the parties to the extent possible. In any event, all other provisions of this Plan shall be deemed valid and enforceable to the full extent possible.

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