Document:

Exhibit 10.1

Exhibit 10.1

Coventry Health Care, Inc.

2000 Management Incentive Plan (MIP)

Plan Objective

The objective of Coventry Health Care’s (CHC) 2000
Management Incentive Plan (MIP) is to reward employees for their contribution to
the achievement of company-wide, business unit, health plan, and team/individual
goals. 

Plan Year

The plan year will be consistent with CHC's fiscal year, January 1 through December 31, 2000.

Eligibility

The CEO of CHC will determine eligible employees prior to the
beginning of the plan year. Participants in CHC’s sales incentive plans are
not eligible for the MIP. Participants must be actively employed at the time
incentive checks are distributed to receive an incentive payment. MIP payouts
may be prorated based on hire date or the promotion date of each participant. 

Timing of Incentive Payouts

Incentive payouts will be made as soon as possible after the
close of the fiscal year and after CHC’s year-end financial results are
finalized (approximately, February/March, 2001). 

Target Incentive Opportunity

    ---------------------------------------------------- ---------------------------
                                                             Target Incentive %
    ---------------------------------------------------- ---------------------------
        Executive Vice Presidents                                    75%
    ---------------------------------------------------- ---------------------------
        Sr. Vice Presidents and Coaches                          50% to 70%
    ---------------------------------------------------- ---------------------------
        Vice Presidents                                              30%
    ---------------------------------------------------- ---------------------------
        Directors                                                15% to 25%
    ---------------------------------------------------- ---------------------------
        Managers (Inclusion must be reviewed by VP
                 Compensation and approved
                    by the CEO of CHC)                           10% to 15%
    ---------------------------------------------------- ---------------------------

The CEO of Coventry Health Care will have discretion to increase
the target incentive opportunity for a selected number of key employees. 

Performance Criteria

Criteria for incentive payouts includes the following three factors:
	CHC Financial Results

	Health Plan Financial Results

	Team and Individual Achievements

Coventry Health Care Results

The performance of CHC will be based on the achievement of its Earnings Per Share goal.

                  -----------------------------------------------
                                    2000 Goal
                  -----------------------------------------------
                  Earnings Per Share               $0.77
                  -----------------------------------------------

Health Plan Results

The performance of each Health Plan will be based on the
achievement of its Plan Contribution and Revenue Growth goals as set forth in
the 2000 Budget. The two key goals are weighted as follows: 

	Plan Contribution          75%

	Revenue Growth             25%

Incentive Pool Funding

Target incentive pools will be calculated separately for each
Health Plan and Corporate. The number of eligible employees, individual
incentive targets and each eligible employee’s base pay will determine each
budgeted target incentive pool. 

Actual funding of incentive pools is based on the results
achieved by each Health Plan and the overall performance of Coventry Health
Care, Inc. 

Health Plan Incentive Pool

Each Health Plan’s incentive pool is funded based on the
achievement of its Plan Contribution and Revenue Growth goals. Each Health
Plan’s pool will be modified based on the achievement of CHC’s EPS
goal. The following chart will be utilized to calculate the final incentive pool
for each Health Plan. 

--------------------------------------- ----------------------------------------------
      Level of Goal Achievement            % of Target Pool Available for Payout(1)
--------------------------------------- ----------------------------------------------
               < = 85%                                        0%
--------------------------------------- ----------------------------------------------
              86 to 99%                  Compensation & Benefits Committee Discretion
--------------------------------------- ----------------------------------------------
                 100%                                        100%
--------------------------------------- ----------------------------------------------
                 110%                                        110%
--------------------------------------- ----------------------------------------------
                 120%                                        120%
--------------------------------------- ----------------------------------------------
                 130%                                        130%
--------------------------------------- ----------------------------------------------
                 140%                                        140%
--------------------------------------- ----------------------------------------------
                 150%                                        150%
--------------------------------------- ----------------------------------------------

(1) Straight-line interpolation will be used to calculate the
incentive pools when performance falls between two levels. 

Once each Health Plan’s incentive pool is calculated, it will
be modified by the achievement of CHC’s Earnings Per Share goal. The
following chart displays the scale that will be used to modify each Health
Plan’s incentive pool. 

--------------------------------------- ----------------------------------------------
      Level of Goal Achievement             Health Plan Incentive Pool Modifier(2)
--------------------------------------- ----------------------------------------------
              < = 80%                                          0
--------------------------------------- ----------------------------------------------
                  85%                                         .50
--------------------------------------- ----------------------------------------------
                  90%                                         .75
--------------------------------------- ----------------------------------------------
                  95%                                         .90
--------------------------------------- ----------------------------------------------
                 100%                                        1.00
--------------------------------------- ----------------------------------------------
                 110%                                        1.05
--------------------------------------- ----------------------------------------------
                 120%                                        1.10
--------------------------------------- ----------------------------------------------
                 130%                                        1.20
--------------------------------------- ----------------------------------------------
                 140%                                        1.30
--------------------------------------- ----------------------------------------------

(2) Straight-line interpolation will be used to calculate the pool modifier when performance falls between two levels

Example Incentive Pool Calculation

Example 1:     The Health Plan achieves 90% of its Plan Contribution
goal, which results in the target incentive pool being decreased to 50% (as
determined in the discretion of the Compensation and Benefits Committee) of the
budgeted target pool. CHC achieves 95% of its Earnings Per Share Goal, thus
modifying the Health Plan’s pool downward by .90. The final incentive pool
equals 45% of the budgeted target pool. 

Example 2:     The Health Plan achieves 120% of its Plan
Contribution goal, which results in the target incentive pool being increased to
120% of the budgeted target pool. CHC achieves 130% of its Earnings Per Share
Goal, thus modifying the Health Plan’s pool upward by 1.2. The final
incentive pool equals 144% of the budgeted target pool. 

Corporate Incentive Pool

The corporate incentive pool is funded based on the achievement of CHC's EPS goal.

--------------------------------------------- --------------------------------------
  Level of Target CHC Earnings Per Share Goal      % of Target Pool Available for
                  Achievement                                Payout(1)
--------------------------------------------- --------------------------------------
                    < = 85%                                      0%
--------------------------------------------- --------------------------------------
                   86 to 99%                     Compensation & Benefits Committee
                                                             Discretion
--------------------------------------------- --------------------------------------
                     100%                                       100%
--------------------------------------------- --------------------------------------
                     110%                                       110%
--------------------------------------------- --------------------------------------
                     120%                                       120%
--------------------------------------------- --------------------------------------
                     130%                                       130%
--------------------------------------------- --------------------------------------
                     140%                                       140%
--------------------------------------------- --------------------------------------
                     150%                                       150%
--------------------------------------------- --------------------------------------

(1) Straight-line interpolation will be used to calculate the incentive pools when performance falls between two levels

Individual Incentive Payout Calculation

Individual incentive awards will be determined by the following:
	Individual target incentive opportunity,

	Pool funding, and

	Achievement of pre-established financial goals and individual/team non-financials goals.

Individual incentive awards can vary between 0% and 200% of
their incentive target opportunity. 

Form of Payment

Amounts < = $10,000 (Net) - 100% paid in cash.

Amounts > $10,000 (Net) – first $10,000 (Net) paid in
cash. Remaining net award will be paid 50% in cash and 50% in CHC stock (valued
at the date of payout or such earlier date as the Compensation and Benefits
Committee may determine), or in such other proportions as the CEO may determine
to be appropriate. 

Miscellaneous

Coventry Health Care reserves the right to amend or discontinue
this plan at any time and/or add, reduce or limit the number of participants at
any time such actions are deemed appropriate and in the best interest of CHC.
This document shall not be construed as a contract with the employee and is in
no way intended to limit the employment at will status of employees of Coventry
Health Care, Inc. or its Health Plans.<PAGE>

                                                                    EXHIBIT 10.1

EXHIBIT 10.1 Subscription Agreement dated as of April 17, 2000, between the
Company and Hayden H. Harris

THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, OR ANY STATE SECURITIES LAWS. THEY MAY NOT BE SOLD OR OFFERED FOR SALE
IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO THE SECURITIES UNDER
SAID ACT AND ANY APPLICABLE STATE SECURITIES LAWS OR THE AVAILABILITY OF AN
EXEMPTION FROM REGISTRATION UNDER SAID ACT AND APPLICABLE STATE SECURITIES LAWS.

                             SUBSCRIPTION AGREEMENT

         THIS SUBSCRIPTION AGREEMENT (the "Agreement") is made as of April 17,
2000, by and between HAYDEN H. HARRIS, TRUSTEE OF THE HAYDEN H. HARRIS LIVING
TRUST DATE MARCH 6, 1998, located at 13875 Waters Road, Chelsea, Michigan 48118
("Investor"), and MCLAREN AUTOMOTIVE GROUP, INC., a Delaware corporation with
offices at 32233 West Eight Mile Road, Livonia, Michigan 48152 ("McLaren").

                                    RECITALS:

A. McLaren has offered to sell, and Investor desires to acquire, Four Hundred
Thousand (400,000) shares of the common stock of McLaren, par value $0.00001 per
share (the "Shares"), for the aggregate purchase price of $800,000 (the
"Purchase Price") at a per share price equal to $2.00 (the "Offering"); and

B. McLaren and Investor desire to consummate the Offering in accordance with the
terms of this Agreement.

         NOW, THEREFORE, in consideration of the mutual undertakings contained
herein and other good and valuable consideration, the sufficiency of which is
hereby acknowledged, the parties hereto do hereby agree as follows:

1. Purchase and Sale of Shares. McLaren hereby agrees to sell to Investor, and
Investor hereby agrees to purchase from McLaren, the Shares at the Purchase
Price and on the terms and conditions described herein. Investor shall deliver
the Purchase Price in immediately available funds to:

                                    Jacqueline K. Kurtz
                                    Chief Financial Officer
                                    McLaren Automotive Group, Inc.
                                    32233 West Eight Mile Road
                                    Livonia, Michigan 48152

Upon receipt of the Purchase Price, McLaren will cause the Shares to be issued
by its stock transfer agent and delivered to Investor at Investor's address set
forth above. The purchase of the Shares shall be deemed to have occurred on the
date that the immediately available funds representing the Purchase Price are
received by McLaren.
<PAGE>

2. Representations and Warranties of Investor. Investor hereby acknowledges,
represents and warrants as follows:

         (a) INVESTOR ACKNOWLEDGES THAT THE SHARES HAVE NOT BEEN REGISTERED
UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES
ACT"), AND MAY NOT BE OFFERED OR SOLD EXCEPT IN ACCORDANCE WITH THE PROVISIONS
OF REGULATION D UNDER THE SECURITIES ACT, PURSUANT TO REGISTRATION UNDER THE
SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION.

         (b) Investor has the financial ability to bear the economic risk of
Investor's investment in the Shares (including a complete loss of Investor's
investment) and has no need for liquidity with respect to Investor's investment
in the Shares.

         (c) Investor has such knowledge and experience in financial and
business matters so as to be capable of evaluating the merits and risks of an
investment in the Shares and has obtained, in Investor's judgment, sufficient
information from McLaren to evaluate the merits and risks of an investment in
the Shares.

         (d) Investor is an "accredited investor" as that term is defined in
Rule 501(a) promulgated under Regulation D of the Securities Act.

         (e) Investor is acquiring the Shares for his own account and not with a
view to the distribution thereof within the meaning of the Securities Act.

         (f) The Shares are not being subscribed for by Investor as a result of
any material information about McLaren's business that has not been publicly
disclosed.

         (g) Investor has been given the opportunity to ask questions of, and
receive answers from, the management of McLaren concerning the terms and
conditions of the Offering and other matters pertaining to Investor's
investment, and has been given the opportunity to obtain such additional
information necessary to verify the accuracy of the information which was
otherwise provided in order for Investor to evaluate the merits and risks of an
investment in the Shares to the extent McLaren possesses such information or can
acquire it without unreasonable effort or expense.

         (h) Investor has received and reviewed McLaren's Annual Report on Form
10-KSB for the year ended September 30, 1999, Quarterly Report on Form 10-QSB
for the quarter ended December 31, 1999, Current Report on Form 8-K filed March
28, 2000, 1999 Annual Report to Shareholders, and Definitive Proxy Statement for
the Annual Meeting of Shareholders to be held April 18, 2000.

         (i) Investor acknowledges that the representations, warranties,
agreements, undertaking and acknowledgments made by Investor in this Agreement
are made with the intent that they be relied upon by McLaren and its management
in determining Investor's suitability as a purchaser of the Shares.
<PAGE>

3. Representations and Warranties of McLaren. McLaren hereby acknowledges,
represents and warrants that the Shares, when issued to Investor, shall be
validly issued, fully paid and non-assessable.

4. Registration of Shares. Investor shall have no right to demand or participate
in the registration of the Shares except as, and only to the extent, provided in
a separate registration rights agreement, if any, which is executed on behalf of
the Company.

5.  Miscellaneous.

         (a) Modification. Neither this Agreement nor any provision hereof shall
be modified, discharged or terminated except by an instrument in writing signed
by the party against whom any waiver, change, discharge or termination is
sought.

         (b) Notices. Any notice, demand or other communication which any party
hereto may be required, or may elect, to give to anyone interested hereunder
shall be sufficiently given if (i) delivered by a recognized national courier
service to such address as may be given herein, or (ii) delivered personally at
such address.

         (c) Binding Effect. Except as otherwise provided herein, this Agreement
shall be binding upon and inure to the benefit of the parties and their heirs,
executors, administrators, successors, legal representatives and permitted
assigns.

         (d) Entire Agreement. This Agreement contains the entire agreement of
the parties with respect to the subject matter hereof, and there are no
representations, covenants or other agreements except as stated or referred to
herein.

         (e) Assignability. This Agreement is not transferable or assignable by
either party.

         (f) Applicable Law. This Agreement shall be governed by and construed
in accordance with the laws of the State of Michigan applicable to contracts
made and to be performed entirely within such state without giving effect to the
choice of law provisions of such state.

         (g) Counterparts; Facsimile Execution. This Agreement may be executed
through the use of separate signature pages or in any number of counterparts,
and each of such counterparts shall, for all purposes, constitute one agreement
binding on all the parties, notwithstanding that all parties are not signatories
to the same counterpart. This Agreement may be signed by fax delivery of a
signed signature page to the other party and such fax execution shall be valid
in all respects.
<PAGE>

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

                                           McLAREN AUTOMOTIVE GROUP, INC.

                                           By:  /s/ Wiley R. McCoy
                                              ----------------------------------
                                                Wiley R. McCoy, President

                                           INVESTOR:

                                           /s/ Hayden H. Harris
                                           -------------------------------------
                                           HAYDEN H. HARRIS, TRUSTEE OF THE
                                           HAYDEN H. HARRIS LIVING TRUST DATED
                                           MARCH 6, 1998

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00013-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00013-of-00352.parquet"}]]