Document:

2006 Stock Incentive Plan

 Exhibit 10.5 
 CHG HEALTHCARE SERVICES, INC. 
 2006 STOCK INCENTIVE PLAN 

 TABLE OF CONTENTS 
  

							
	 	  	 	  	 	  	Page
	 1.
	  	Background and Purpose	  	1
			
	 2.
	  	Definitions	  	1
		  	2.1.	  	Award	  	1
		  	2.2.	  	Award Document	  	1
		  	2.3.	  	Board	  	1
		  	2.4.	  	Change in Control	  	1
		  	2.5.	  	Code	  	2
		  	2.6.	  	Committee	  	2
		  	2.7.	  	Company	  	2
		  	2.8.	  	Effective Date	  	3
		  	2.9.	  	Employee	  	3
		  	2.10.	  	Exercise Price	  	3
		  	2.11.	  	Fair Market Value	  	3
		  	2.12.	  	ISO	  	3
		  	2.13.	  	1933 Act	  	3
		  	2.14.	  	1934 Act	  	3
		  	2.15.	  	NQO	  	3
		  	2.16.	  	Option	  	3
		  	2.17.	  	Parent	  	3
		  	2.18.	  	Performance Goal	  	3
		  	2.19.	  	Plan	  	4
		  	2.20.	  	Restricted Stock	  	4
		  	2.21.	  	Restricted Stock Unit	  	4
		  	2.22.	  	Rule 16b-3	  	4
		  	2.23.	  	SAR or Stock Appreciation Right	  	4
		  	2.24.	  	Stock	  	4
		  	2.25.	  	Subsidiary	  	4
		  	2.26.	  	Ten Percent Stockholder	  	4
			
	 3.
	  	Shares Reserved Under Plan	  	4
			
	 4.
	  	Committee	  	5
			
	 5.
	  	Eligibility and Annual Grant Caps	  	5
			
	 6.
	  	Grants	  	5
			
	 7.
	  	Award Document	  	5
			
	 8.
	  	Exercise Price of Options and SARs	  	6
		  	8.1.	  	Amount	  	6
		  	8.2.	  	Payment of Exercise Price	  	6

							
	 9.
	  	Exercise Period for Options and SARs	  	6
			
	 10.
	  	Other Special ISO Rules	  	6
			
	 11.
	  	Restricted Stock	  	7
		  	 11.1.
	  	Vesting Conditions	  	7
		  	 11.2.
	  	Dividends and Voting Rights	  	7
		  	 11.3.
	  	Satisfaction of Vesting Conditions	  	7
			
	 12.
	  	Restricted Stock Units	  	7
		  	 12.1.
	  	Dividends and Voting Rights	  	7
		  	 12.2.
	  	Payment of Restricted Stock Units	  	7
			
	 13.
	  	Nontransferability	  	7
			
	 14.
	  	Securities Registration	  	8
			
	 15.
	  	Life of Plan	  	8
			
	 16.
	  	Adjustment	  	8
		  	 16.1.
	  	Capital Structure	  	8
		  	 16.2.
	  	Sale or Merger	  	8
		  	 16.3.
	  	Fractional Shares	  	8
			
	 17.
	  	Change in Control	  	9
		  	17.1.	  	Options and SARs	  	9
		  	17.2.	  	Restricted Stock and Restricted Stock Units	  	9
			
	 18.
	  	Amendment or Termination	  	9
			
	 19.
	  	Miscellaneous	  	10
		  	19.1.	  	Stockholder Rights	  	10
		  	19.2.	  	No Contract of Employment	  	10
		  	19.3.	  	Withholding	  	10
		  	19.4.	  	Tax Bonus Payment	  	10
		  	19.5.	  	Construction	  	10
		  	19.6.	  	Other Conditions	  	10
		  	19.7.	  	Performance-Based Compensation under Code Section 162(m)	  	10
		  	19.8.	  	Section 409A Compliance	  	10

  

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 CHG HEALTHCARE SERVICES, INC. 
 2006 STOCK INCENTIVE PLAN 
 1. Background and Purpose 
 The purpose of this Plan is to promote the interests of CHG Healthcare Services, Inc. through the granting of Options, Stock Appreciation Rights,
Restricted Stock and Restricted Stock Units in order to (a) attract and retain Employees, (b) provide an additional incentive to each Employee to work to increase the value of Stock, and (c) provide each Employee with a stake in the
future of the Company that corresponds to the stake of the Company’s other stockholders. 
 2. Definitions 
 Each term set forth in this § 2 shall have the meaning set forth opposite such term and any reference to the plural of a defined term shall
include the singular. 
 2.1. Award - an Option, SAR, Restricted Stock or Restricted Stock Unit award. 
 2.2. Award Document - the agreement, certificate or other document that sets forth the terms and conditions of an Award. 
 2.3. Board -the board of directors of the Company. 
 2.4. Change in Control - unless otherwise provided in the applicable Award Document, a Change in Control shall be deemed to occur upon: 
 (a) the sale by the Company of all or substantially all of its assets or the consummation by the Company of any merger, consolidation,
reorganization, or business combination with any person, in each case, other than in a transaction: 
 (1) in which persons
who were shareholders of the Company (immediately prior to such sale, merger, consolidation, reorganization, or business combination) own, immediately thereafter, (directly or indirectly) more than 50% of the combined voting power of the outstanding
voting securities of the purchaser of the assets or the merged, consolidated, reorganized or other entity resulting from such corporate transaction (the “Successor Entity”): 
 (2) in which the Successor Entity is an employee benefit plan (or related trust) sponsored or maintained by the Company or any person
controlled by the Company; or 
 (3) after which more than 50% of the members of the board of directors of the Successor
Entity were members of the Board at the time the Board approved the transaction; 

 (b) the acquisition, directly or indirectly, by any “person” or
“group” (as those terms are used in Sections 13(d) and 14(d) of the 1934 Act, including without limitation, Rule 13d-5(b)) of “beneficial ownership” (as determined pursuant to Rule 13d-3 under the 1934 Act) of securities entitled
to vote generally in the election of directors (“voting securities”) of the Company that represent 40% or more of the combined voting power of the Company’s then outstanding voting securities, other than: 
 (1) an acquisition by a trustee or other fiduciary holding securities under any employee benefit plan (or related trust) sponsored or
maintained by the Company or any person controlled by the Company or by any employee benefit plan (or related trust) sponsored or maintained by the Company or any person controlled by the Company; 
 (2) an acquisition of voting securities by the Company or a person owned, directly or indirectly, by the holders of at least 50% of the
voting power of the Company’s then outstanding securities in substantially the same proportions as their ownership of the stock of the Company; or 
 (3) an acquisition of voting securities pursuant to a transaction described in paragraph (a) above that would not be a Change in Control under paragraph (a); 
 for purposes of clarification, an acquisition of the Company’s securities by the Company that causes the Company’s voting securities
beneficially owned by a person or group to represent 40% or more of the combined voting power of the Company’s then outstanding voting securities is not to be treated as an “acquisition” by any person or group for purposes of this
paragraph (b); 
 (c) as a result of or in connection with a contested election of directors, the persons who were directors
of the Company immediately before such election cease to constitute at least a majority of the Board; or 
 (d) a liquidation
or dissolution of the Company other than in connection with a transaction described in paragraph (a) above that would not be a Change in Control thereunder. 
 Except as otherwise specifically defined in this § 2.4, the term “person” shall mean an individual, corporation, partnership, trust, association or any other entity or organization. 
 2.5. Code - the Internal Revenue Code of 1986, as amended. 
 2.6. Committee - the Compensation & Management Development Committee of the Board. Each Committee member shall be a “non-employee director” within the meaning of Rule 16b-3 under the 1934 Act
and an “outside director” within the meaning of Code § 162(m). 
 2.7. Company - CHG Healthcare Services, Inc. and
any successor thereto. 
  

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 2.8. Effective Date - the date this Plan is approved by the stockholders of the Company.

 2.9. Employee - an employee of the Company or any Subsidiary or Parent. 
 2.10. Exercise Price - the price to purchase one share of Stock upon the exercise of an Option or the price to exercise one SAR. 
 2.11. Fair Market Value - as of any date, the average of the reported high and low sales price of the Stock on the Nasdaq Global Market (or, if
the Stock is not then quoted on such market, such other national securities exchange or market on which the Stock is then listed or quoted) on that date or, if no prices are reported on that date, on the most recent preceding date on which such
prices are reported. 
 2.12. ISO - an Option that is intended to satisfy the requirements of Code § 422. 

2.13. 1933 Act - the Securities Act of 1933, as amended. 
 2.14. 1934 Act - the Securities Exchange Act of 1934, as amended. 
 2.15. NQO - an Option that
either expressly or operationally does not satisfy the requirements of Code § 422. 
 2.16. Option - an option to purchase
Stock granted pursuant to § 6. 
 2.17. Parent - any corporation that is a parent corporation of the Company within the
meaning of Code § 424(e). 
 2.18. Performance Goal - the goal or goals, if any, established by the Committee based on one
or more of the following business criteria that are to be achieved during a performance period determined by the Committee: 
  

	 	•	 	share price; 

  

	 	•	 	earnings per share; 

  

	 	•	 	market share; 

  

	 	•	 	net income; 

  

	 	•	 	operating income; 

  

	 	•	 	earnings growth; 

  

	 	•	 	revenue; 

  

	 	•	 	return on assets; 

  

	 	•	 	return on equity; 

  

	 	•	 	return on investment; 

  

	 	•	 	return on capital employed; 

  

	 	•	 	cash flow; 

  

	 	•	 	operating margins; 

  

	 	•	 	gross margin; 

  

	 	•	 	unit growth; 

  

 3 

	 	•	 	working capital; 

  

	 	•	 	earnings before interest, tax, depreciation and amortization (EBITDA); 

  

	 	•	 	total stockholder return; and 

  

	 	•	 	total capitalization 

  
 Performance Goals may be based (as the Committee deems appropriate) on (a) Company-wide performance, (b) performance of a Subsidiary, division,
region, office, department, segment, function, or other operational unit of the Company, (c) individual performance (if applicable), or (d) any combination of the foregoing. Performance Goals may be set in any manner determined by the
Committee, including looking to achievement on an absolute basis or on a relative basis to prior periods or in relation to peer group, indexes or other external measure of the selected criteria. When the Committee establishes Performance Goals, the
Committee shall establish the general objective rules that the Committee will use to determine the extent, if any, that such Performance Goals have been met. In establishing the objective rules, the Committee may take into account any extraordinary
or one-time or other non-recurring items of income or expense or gain or loss or any events, transactions or other circumstances that the Committee deems relevant in light of the nature of the Performance Goals set for the Employee or the
assumptions made by the Committee regarding such goals. 
 2.19. Plan - this 2006 Stock Incentive Plan. 
 2.20. Restricted Stock - Stock granted pursuant to § 6. 
 2.21. Restricted Stock Unit - a unit granted pursuant to § 6, the value of which is equal to the Fair Market Value of one share of Stock and which is payable in cash or Stock as provided in the Award
Document. 
 2.22. Rule 16b-3 - the exemption provided by Rule 16b-3 under the 1934 Act. 
 2.23. SAR or Stock Appreciation Right - a right granted pursuant to § 6, the value of which is equal to the appreciation in the Fair
Market Value of a share of Stock on the date of exercise over the grant price, with payment to be made in cash or Stock, as provided in the Award Document. 
 2.24. Stock - $.01 par value common stock of the Company. 
 2.25. Subsidiary - a corporation
that is a subsidiary corporation of the Company within the meaning of Code § 424(f). 
 2.26. Ten Percent Stockholder - a
person who owns more than ten percent of the total combined voting power of all classes of stock of either the Company, a Subsidiary or Parent, after taking into account the attribution rules of Code § 424(d). 
 3. Shares Reserved Under Plan 
 There are 2,100,000
shares of Stock authorized for issuance under this Plan. No more than 1,000,000 shares of Stock may be issued through the exercise of ISOs. To the extent the Company deems appropriate, such shares of Stock may be reserved from authorized but
unissued 

  

 4 

 
shares of Stock and from shares of Stock that have been reacquired by the Company. Any shares of Stock subject to an Award that remain unissued after the
cancellation, expiration, exercise or exchange of the Award, and any shares subject to an Award that are forfeited, shall be available for use in future Awards under this Plan. In addition, any shares of Stock tendered to exercise an Option or to
satisfy a withholding obligation shall be available for use in future Awards under this Plan. 
 4. Committee 
 This Plan shall be administered by the Committee. The Committee acting in its absolute discretion shall interpret this Plan and take such action in the
administration and operation of this Plan as the Committee deems appropriate under the circumstances. For example, the Committee may delegate to the Chief Executive Officer of the Company the power to grant Awards to certain Employees pursuant to
guidelines established by the Committee from time to time and may delegate to any officers of the Company the power to carry out administrative duties with respect to this Plan. Any action of the Committee or its delegate shall be binding on the
Company, on each affected Employee and on each other person directly or indirectly affected by such action. 
 5. Eligibility and Annual Grant Caps

 Only Employees shall be eligible for the grant of Awards. The Committee shall determine which Employees are eligible for Awards
hereunder. No Employee shall be granted in any calendar year Options to purchase more than 250,000 shares of Stock or SARs with respect to more than 250,000 shares of Stock. No Employee shall be granted more than 100,000 shares of Restricted Stock
in any calendar year, and no Employee shall be granted Restricted Stock Units with respect to more than 100,000 shares of Stock in any calendar year. 
 6. Grants 
 The Committee or its delegate may grant Awards to Employees from time to time. Subject to § 8.1,
regarding Exercise Price, an Award may be granted in exchange for the cancellation of another Award or for the cancellation of an equity award under a plan maintained by an employer acquired by or merged with the Company or a Subsidiary. 

7. Award Document 
 Each Award shall be evidenced
by an Award Document that shall contain the terms and conditions of the Award as determined by the Committee. The Award Document shall specify all of the terms and conditions of the Award, for example, the type of Award, the Exercise Price (if any),
the time and method to exercise the Award, the vesting schedule and the conditions (including, but not limited to, Performance Goals) that must be satisfied and the deadlines by which such conditions must be satisfied to avoid forfeiture of the
Award, and whether the exercise of the Award is conditioned on the exercise or failure to exercise another Award. 
  

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 8. Exercise Price of Options and SARs. 
 8.1. Amount . The Exercise Price of an Option or SAR shall be no less than the Fair Market Value of a share of Stock on the date the Award is
granted; provided, however, if the Award is an ISO granted to an Employee who is a Ten Percent Stockholder, the Exercise Price shall be no less than 110% of the Fair Market Value of a share of Stock on the date such ISO is granted. Except as
provided in § 16, an outstanding Option or SAR may not be amended (directly or indirectly, for example, by exchange) to lower the Exercise Price thereof. 
 8.2. Payment of Exercise Price. An Award Document may provide for the payment of the Exercise Price either in cash or in shares of Stock, or in any combination of cash and such Stock. A payment by a check or
electronic funds transfer acceptable to the Committee or its delegate shall be treated as a payment in cash. In addition, the Award Document may provide for payment through any cashless exercise procedure acceptable to the Committee or its delegate.
If approved by the Committee, the Company may, in accordance with an Employee’s instructions, transfer Stock acquired upon the exercise of an Award directly to a third party in connection with any arrangement made by the Employee for financing
the exercise of such Award. The value of any Stock surrendered as payment in the exercise of an Award shall be equal to the Fair Market Value of such Stock on the date such Stock is properly surrendered to the Committee or its delegate. 

9. Exercise Period for Options and SARs 
 Each
Option or SAR shall be exercisable in whole or in part at such time or times as set forth in the related Award Document. However, no Option or SAR shall be exercisable after the tenth anniversary of the date the Option or SAR is granted; provided,
however, if the Option is an ISO that is granted to an Employee who is a Ten Percent Stockholder on the date the ISO is granted, the Option shall not be exercisable as an ISO after the fifth anniversary of the date the Option is granted. An Award
Document may provide for the exercise of an Award after the employment of an Employee has terminated for any reason whatsoever, including death or disability; provided an Award Document for an ISO must incorporate the post-employment exercise
restrictions of Code § 422. 
 10. Other Special ISO Rules 
 In addition to the special rules regarding Exercise Price described in § 8.1 and the Exercise Period described in § 9, if the Committee grants an ISO and a NQO to an Employee on the same date, the
right of the Employee to exercise the ISO shall not be conditioned on his or her failure to exercise the NQO. To the extent that the aggregate Fair Market Value of Stock subject to ISOs (determined as of the date the ISO is granted) that first
becomes exercisable in any calendar year exceeds $100,000, such Options shall be treated as NQOs. The Fair Market Value of Stock subject to any other option (determined as of the date the option is granted) that (a) satisfies the requirements
of Code § 422 and (b) is granted to an Employee under another plan maintained by the Company, a Subsidiary or Parent shall be treated (for purposes of this $100,000 limitation) as if granted under this Plan. The Committee shall
interpret and administer the limitation in this § 10 in accordance with Code § 422(d) or any successor section. 
  

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 11. Restricted Stock 
 11.1. Vesting Conditions. An Employee’s nonforfeitable interest in Restricted Stock shall depend on the extent to which he or she timely satisfies each condition specified in the Award Document for the
Restricted Stock to become nonforfeitable. The Company or its agent may retain custody of the Restricted Stock pending the satisfaction of any vesting conditions applicable thereto. 
 11.2. Dividends and Voting Rights. Except as otherwise provided in the Award Document, (a) any cash dividend declared on Restricted Stock
shall be paid directly to the Employee holding such Restricted Stock and (b) any Stock dividend shall be treated as Restricted Stock and an Employee’s interest in such Stock dividend shall be forfeited or shall become nonforfeitable at the
same time as the Restricted Stock is forfeited or becomes nonforfeitable. The disposition of each other form of dividend declared on Restricted Stock shall be made in accordance with such rules as the Committee shall adopt. An Employee shall have
the right to vote Restricted Stock. 
 11.3. Satisfaction of Vesting Conditions. Shares of Stock shall cease to be Restricted Stock at
such time as provided in the Award Document, and as soon as practicable thereafter, the Company shall take such action as may be necessary to cause the records of the Company to reflect that the Stock is no longer restricted and, if the Company or
its agent retained physical custody of the shares of Stock, shall transfer custody of such Stock to the Employee. 
 12. Restricted Stock Units

 12.1. Dividends and Voting Rights. Except as otherwise provided in the Award Document, there shall be no adjustment to
Restricted Stock Units for dividends paid by the Company other than for dividend equivalent adjustments made by the Committee for stock dividends in accordance with § 16.1. An Employee shall not have any right to vote Stock underlying a
Restricted Stock Unit. 
 12.2. Payment of Restricted Stock Units. Unless otherwise provided in the Award Document, payment of a
vested Restricted Stock Unit Award or, if an Award provides for partial vesting, the vested portion of such Award shall be made in a single sum of cash or Stock (as provided in the Award Document) as soon as practicable after the Committee certifies
that the Award or portion of the Award is payable, but in no event later than 2 1/2 months after the calendar
year in which the Award or portion of the Award becomes vested. 
 13. Nontransferability 
 Absent the Committee’s consent, (a) an Award shall not be transferable by an Employee other than by will or by the laws of descent and
distribution, and (b) during an Employee’s lifetime, an Award shall be exercisable only by the Employee; provided, however, the person or persons to whom an Award is transferred by will or by the laws of descent and distribution (or with
the Committee’s consent) thereafter shall be treated as the Employee under this Plan. 
  

 7 

 14. Securities Registration 
 Each Award Document shall provide that, upon the receipt of Stock, the Employee shall, if so requested by the Company, (a) hold such Stock for investment and not with a view of resale or distribution to the
public and (b) deliver to the Company a written statement satisfactory to the Company to that effect. As for Stock issued pursuant to this Plan, the Company at its expense shall take such action as it deems necessary or appropriate to register
the original issuance of such Stock to an Employee under the 1933 Act or under any other applicable securities laws or to qualify such Stock for an exemption under any such laws prior to the issuance of such Stock to an Employee; however, the
Company shall have no obligation whatsoever to take any such action in connection with the transfer, resale or other disposition of such Stock by an Employee. 
 15. Life of Plan 
 This Plan automatically shall terminate on the earlier of (1) the tenth anniversary of the
effective date of this Plan (as determined under § 2.8) or (2) the date on which all of the Stock authorized for issuance under § 3 has been issued and the forfeiture conditions with respect to any outstanding Restricted
Stock Awards have been satisfied, and no Award shall be granted after such date. In the event the Plan terminates as a result of clause (1) of the preceding sentence, the outstanding Awards shall continue to be governed by the terms of the Plan
until all outstanding Awards have been exercised in full or are no longer exercisable or forfeited or the conditions thereof satisfied. 
 16. Adjustment

 16.1. Capital Structure. In the event of any change in the capitalization of the Company, including, but not limited to, such
changes as stock dividends or stock splits, the Committee shall adjust in an equitable manner (a) the number, kind or class (or any combination thereof) of shares of Stock authorized for issuance under § 3 and subject to Options or
Restricted Stock or reflected by SARs or Restricted Stock Units and (b) the Exercise Price of Options and SARs, to reflect such change; provided, however, no adjustment shall be made for the forward stock split effected in connection with the
initial public offering of the Company’s common stock. 
 16.2. Sale or Merger. The Committee as part of any corporate
transaction, such as a merger, consolidation, acquisition or disposition of property or stock, extraordinary dividend, separation (including a spin-off), reorganization or partial or complete liquidation, shall have the right to adjust the number,
kind or class (or any combination thereof) of shares of Stock authorized for issuance under § 3 and subject to Options (including the Exercise Price of such Options) or Restricted Stock or reflected by SARs (including the grant price of
such SARs) or Restricted Stock Units and related forfeiture and vesting conditions. The Committee may grant Awards to effect the assumption of, or the substitution for, awards previously granted by any other entity to the extent that such
transaction calls for such substitution or assumption of such awards. 
 16.3. Fractional Shares. If any adjustment under this
§ 16 would create a fractional share of Stock or a right to acquire a fractional share of Stock, such fractional share shall be 

  

 8 

 
disregarded and the number of shares of Stock that otherwise would result from such adjustment shall be the next lower number of shares of Stock, rounding
all fractions downward. An adjustment made under this § 16 by the Committee shall be conclusive and binding on all affected persons. 
 17.
Change in Control 
 If there is a Change in Control, then the terms of an Employee’s employment agreement, if any, governing Awards
shall apply. In addition, if there is a Change in Control and the agreement relating to the Change in Control does not provide for the assumption or substitution of Awards, the following rules shall apply: 
 17.1. Options and SARs. Each Option and SAR Award Document in the discretion and at the direction of the Committee may be canceled unilaterally if
(a) any restrictions on the exercise of the Option or SAR are waived before the Award Document is canceled such that the Employee has the opportunity to exercise the Option or SAR in full before such cancellation, (b) the Company transfers
to the Employee that number of shares of Stock obtained by dividing (1) the excess of the Fair Market Value of the number of shares which remain subject to the exercise of such Option or SAR as of any date over the total Exercise Price by
(2) the Fair Market Value of a share of Stock on such date, which number shall be rounded down to the nearest whole number, or (c) the Company transfers to the Employee the same consideration that the Employee otherwise would receive as a
shareholder of the Company in connection with such Change in Control if the Employee held the number of shares of Stock that would have been transferable to him or to her under clause (b) above if such number had been determined immediately
before such Change in Control. 
 17.2. Restricted Stock and Restricted Stock Units. In the sole discretion and at the direction of
the Committee, vesting of Restricted Stock and Restricted Stock Units may be accelerated. 
 18. Amendment or Termination 
 This Plan may be amended by the Board or the Committee from time to time to the extent that the Board or the Committee deems necessary or
appropriate; provided, however, that if any such amendment would require stockholder approval under applicable law or stock exchange rules, such amendment shall be subject to stockholder approval. The Board or the Committee also may suspend the
granting of Awards at any time and may terminate this Plan at any time; provided, however, neither the Board nor the Committee shall have the right unilaterally to modify, amend or cancel any Awards granted before such suspension or termination
unless (a) the Employee consents in writing to such modification, amendment or cancellation or (b) there is a dissolution or liquidation of the Company or a transaction described in § 16 or § 17. Notwithstanding the
foregoing, unless otherwise determined by the Board or the Committee upon amending the Plan, any outstanding Awards automatically shall incorporate any amendments to the Plan. 
  

 9 

 19. Miscellaneous 
 19.1. Stockholder Rights. No Employee shall have any rights as a stockholder of the Company as a result of the grant of an Option or SAR, or his or her exercise of such Option or SAR, or the grant of a
Restricted Stock Unit, pending the actual delivery to the Employee of Stock upon the exercise or vesting, as the case may be, of such Award. Subject to § 11.2, an Employee’s rights as a holder of Restricted Stock shall be set forth in the
related Award Document. 
 19.2. No Contract of Employment. The grant of an Award shall not constitute a contract of employment and
shall not confer on an Employee any rights upon his or her termination of employment in addition to those rights, if any, expressly set forth in the related Award Document. 
 19.3. Withholding. Each Award shall be made subject to the condition that the Employee consents to whatever action the Committee directs to
satisfy the minimum statutory federal, state and local tax withholding requirements, if any, that the Committee in its discretion deems applicable to the exercise of such Award or the satisfaction of any forfeiture or vesting conditions with respect
to such Award. No withholding shall be effected under this Plan that exceeds the minimum statutory federal and state withholding requirements. 
 19.4. Tax Bonus Payment. The Committee acting in its absolute discretion shall have the power to authorize and direct the payment of a cash bonus to an Employee to pay his or her federal, state and local income and excise tax
liability that the Committee deems attributable to (a) his or her interest in an Award becoming nonforfeitable or vesting and (b) to such cash bonus. Any such bonus shall be paid in no event later than the date that is 2 1/2 months after the end of the calendar year in which Award becomes vested. 
 19.5. Construction. All references to sections (§) are to sections (§) of this Plan unless otherwise indicated. The headings
in this Plan have been included for convenience of reference only. This Plan shall be construed under the laws of the State of Delaware. 
 19.6. Other Conditions. Each Award Document may require that an Employee enter into any agreement or make such representations prepared by the Company, including any agreement that restricts the transfer of Stock acquired pursuant to
such Award or provides for the repurchase of such Stock by the Company under certain circumstances. 
 19.7. Performance-Based
Compensation under Code Section 162(m). The Committee shall have full and absolute discretion to determine whether an Award granted under this Plan is intended to comply with the requirements of Code § 162(m) and the regulations
thereunder as “performance-based” compensation. 
 19.8. Section 409A Compliance. The Company intends that any Awards
granted under this Plan either (a) comply (in form and operation) with § 409A of the Code and the regulations, rulings and other guidance issued thereunder (the “Requirements”) or (b) be exempt from the application of the
Requirements. Any ambiguities in this Plan shall be construed to effect the intent as described in this § 19.8. If any provision of this Plan is found to be in violation of the Requirements, then such provision shall be deemed to be
modified or restricted to the extent and in the manner necessary to render such provision in conformity with the Requirements, or shall be deemed excised from this Plan, and this Plan shall be construed and enforced to the maximum extent permitted
by the Requirements as if such provision had been originally incorporated in this Plan as so modified or restricted, or as if such provision had not been originally incorporated in this Plan, as the case may be. 
  

 10Employee Stock Purchase Plan

 Exhibit 10.6 
 CHG HEALTHCARE SERVICES, INC. 
 EMPLOYEE STOCK PURCHASE PLAN 

 TABLE OF CONTENTS 
  

							
	 Section
	 	 	  	Page
	§ 1.	 	Purpose	  	1
			
	§ 2.	 	Effective Date	  	1
			
	§ 3.	 	Definitions	  	1
		 	3.1	 	Administrator	  	1
		 	3.2	 	Board	  	1
		 	3.3	 	Code	  	1
		 	3.4	 	Company	  	1
		 	3.5	 	Compensation	  	1
		 	3.6	 	Eligible Employee	  	1
		 	3.7	 	Fair Market Value	  	2
		 	3.8	 	Offering Period	  	2
		 	3.9	 	Participating Employer	  	2
		 	3.10	 	Plan	  	2
		 	3.11	 	Purchase Date	  	2
		 	3.12	 	Purchase Period	  	2
		 	3.13	 	Purchase Price	  	2
		 	3.14	 	Recordkeeper	  	2
		 	3.15	 	Share Account	  	2
		 	3.16	 	Stock	  	2
		 	3.17	 	Subscription	  	2
		 	3.18	 	Subscription Account	  	2
		 	3.19	 	Subsidiary	  	2
			
	§ 4.	 	Stock Available for Purchase Under this Plan	  	3
			
	§ 5.	 	Administration	  	3
		 	(a)	 	Generally	  	3
		 	(b)	 	Deadlines	  	3
		 	(c)	 	Forms and Procedures	  	3
		 	(d)	 	Communications	  	3
		 	(e)	 	Corrections	  	3
			
	§ 6.	 	Term of Plan	  	4
			
	§ 7.	 	Participation	  	4
		 	(a)	 	General	  	4
		 	(b)	 	Effective Time of Subscription	  	4
			
	§ 8.	 	Payroll Deductions	  	4
		 	(a)	 	Subscription Amounts	  	4
		 	(b)	 	Subscription Account Credits	  	4

							
	 	 	(c)	  	Effect of Subscription	  	4
		 	(d)	  	Election Revocation Rights	  	5
		 	(e)	  	Termination of Eligible Employee Status	  	5
		 	(f)	  	No Cash Payments	  	5
			
	§ 9.	 	Purchase of Stock	  	5
			
	§ 10.	 	Delivery of Stock	  	6
			
	§ 11.	 	Transferability	  	6
			
	§ 12.	 	Adjustment	  	7
			
	§ 13.	 	Securities Registration	  	7
			
	§ 14.	 	Amendment or Termination	  	7
			
	§ 15.	 	Limitation on Liability	  	7
			
	§ 16.	 	Employment	  	8
			
	§ 17.	 	Headings, References and Construction	  	8
			
	§ 18.	 	Plan Document Controls	  	8
			
	§ 19.	 	Severability	  	8
			
	§ 20.	 	General Creditor Status	  	8

  

 -ii- 

 CHG HEALTHCARE SERVICES, INC. 
 EMPLOYEE STOCK PURCHASE PLAN 
 § 1. Purpose.

 The purpose of this Plan is to encourage ownership in CHG Healthcare Services, Inc. (the “Company”) by allowing employees of the
Company and other Participating Employers a convenient means to purchase Stock in the Company and thereby (a) attract and retain Eligible Employees, (b) provide an additional incentive to each Eligible Employee to work to increase the
value of Stock, and (c) provide each Eligible Employee with a stake in the future of the Company that corresponds to the stake of each of the Company’s stockholders. The Company intends that this Plan constitute an “employee stock
purchase plan” within the meaning of Code § 423 and will not be subject to the compensation reporting rules of FASB Statement No. 123 (revised 2004) (“FAS 123(R)”), further, intends that any ambiguity in this Plan or
any related offering be resolved to effect such intent. 
 § 2. Effective Date. 
 This Plan is effective as of October 1, 2006. 
 § 3. Definitions. 
 The following terms shall have the meanings set forth below whenever the
initial letters of such term are capitalized: 
 3.1 Administrator means the Compensation Committee of the Board or the Compensation
Committee’s delegate. 
 3.2 Board means the Board of Directors of the Company. 
 3.3 Code means the Internal Revenue Code of 1986, as amended. 
 3.4 Company means CHG Healthcare Services, Inc., a corporation incorporated under the laws of the State of Delaware, and any successor to CHG Healthcare Services, Inc. 
 3.5 Compensation means base salary, hourly wages, overtime, commissions and cash bonuses. “Compensation” does not include taxable
expense allowances, and “Compensation” will be interpreted consistent with the Company’s 401(k) plan. 
 3.6 Eligible
Employee means each person classified on the payroll of a Participating Employer as an employee, except 
 (a) an employee
who customarily is employed (within the meaning of Code § 423(b)(4)(B)) less than 20 hours per week by a Participating Employer, and 

 (b) an employee who has been continuously employed (within the meaning of Code
§ 423(b)(4)(A)) less than six months by a Participating Employer as of the first day of the Purchase Period. 
 3.7 Fair Market
Value means as of any date, the average of the reported high and low sales prices of the Stock on the Nasdaq Global Market (or, if the Stock is not then quoted on such market, such other national securities exchange or market on which the Stock
is then listed or quoted) on that date or, if no prices are reported on that date, on the most recent preceding date on which such prices are reported. 
 3.8 Offering Period means the first calendar month in each Purchase Period or such other period as may be set by the Administrator. 
 3.9 Participating Employer means (a) the Company and (b) any Subsidiary that has been designated by the Administrator. 
 3.10 Plan means this CHG Healthcare Services, Inc. Employee Stock Purchase Plan, as amended from time to time. 
 3.11 Purchase Date means for each Purchase Period the last business day of such Purchase Period. 
 3.12 Purchase Period means each calendar quarter during the term of this Plan. 
 3.13 Purchase Price means for each
Purchase Period, 95% of the Fair Market Value of the Stock as of the Purchase Date for such Purchase Period. 
 3.14 Recordkeeper
means the entity selected by the Administrator to provide administrative services under this Plan. 
 3.15 Share Account means the
separate bookkeeping account established and maintained by the Recordkeeper for each Eligible Employee who purchases Stock under this Plan to record, at a minimum, the number of shares of Stock purchased by such Eligible Employee pursuant to this
Plan. 
 3.16 Stock means the $.01 par value common stock of the Company. 
 3.17 Subscription means an election by an Eligible Employee to purchase shares of Stock under this Plan, including the authorization to make the
corresponding payroll deductions. 
 3.18 Subscription Account means the separate bookkeeping account that is established and
maintained by the Recordkeeper for each Eligible Employee to record the dollar amount of payroll deductions to be applied to the purchase Stock under this Plan. 
 3.19 Subsidiary means each corporation that is in an unbroken chain of corporations beginning with the Company in which each corporation in such chain (except for the last corporation in such chain) owns stock
possessing 80% or more of the total combined voting power of all classes of stock in one of the other corporations in such chain. 
  

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 § 4. Stock Available for Purchase Under this Plan. 
 There shall be 500,000 shares of Stock available under this Plan (subject to adjustment pursuant to § 12), which shares of Stock may be reserved
to the extent that the Administrator deems appropriate from authorized but unissued shares of Stock or from shares of Stock that have been reacquired by the Company. Such shares of Stock shall be available for purchase from the Company pursuant to
§ 9. 
 § 5. Administration. 
 (a) Generally. The Administrator shall be responsible for the administration of this Plan and shall have the absolute power and discretion to
interpret this Plan and to take such other action in connection with the administration of this Plan as it deems necessary or equitable under the circumstances. The Administrator may rely on an opinion of counsel in making any decisions or
determinations required in administering the Plan. The Administrator shall have the power to delegate to the Recordkeeper, or to any other person or entity, the duty to perform such administrative functions as it deems appropriate under the
circumstances. Any person to whom the duty to perform an administrative function is delegated shall act on behalf of and shall be responsible to the Administrator for such function. Any action or inaction by or on behalf of the Administrator under
this Plan shall be final and binding on each Eligible Employee and on each other person who makes a claim under this Plan. 
 (b)
Deadlines. The Administrator shall establish and communicate to Eligible Employees the deadlines for making elections under this Plan. The Administrator shall have the right to change such deadlines from time to time. 
 (c) Forms and Procedures. The Administrator shall develop such forms and procedures as the Administrator in its discretion deems necessary or
helpful to the orderly administration of this Plan. 
 (d) Communications. All communications from an Eligible Employee to the
Administrator under, or in connection with, this Plan shall be deemed to have been filed with the Administrator when actually received in the form specified by the Administrator at the location, or by the person, designated by the Administrator for
the receipt of such communications. The Administrator, in its sole discretion, may accept or reject communications not complying with the forms and procedures developed by the Administrator. 
 (e) Corrections. If payroll deductions are made or shares of Stock are purchased in error, the Administrator shall take such action as the
Administrator in its absolute discretion deems necessary or appropriate to correct such error as soon as practicable after the Administrator has knowledge of the error. 
  

 -3- 

 § 6.Term of Plan. 
 The Company expects to continue this Plan for an indefinite period, subject to continued availability of shares of Stock for use under this Plan as
described in § 4. However, the Company reserves the right to terminate this Plan at any time in accordance with § 14. 
 § 7. Participation. 
 (a) General. Each person who is an Eligible Employee on the
first day of a Purchase Period may elect to participate during such Purchase Period by completing and filing a Subscription with the Administrator or the Recordkeeper at any time during or before the Offering Period for that Purchase Period.

 (b) Effective Time of Subscription. No Subscription for the purchase of shares of Stock shall become binding upon the Company until
it has been accepted by the Administrator or the Recordkeeper. Only the Administrator or the Recordkeeper is authorized to accept Subscriptions and the actions of any person other than the Administrator (subject to the Administrator’s right to
delegate pursuant to § 5(a)) or the Recordkeeper shall be of no effect. The Administrator shall have the right, in its sole discretion, to reject any Subscription that (x) does not comply with the requirements of this Plan or the
deadlines, forms or procedures developed by the Administrator or (y) is submitted by a person who is not an Eligible Employee or whose status as Eligible Employee is suspended or revoked. Such rejection may be effected by not making payroll
deductions under this Plan or, if such deductions have been made, by returning, without interest, such amounts to the person for whose benefit such deductions were made. The rejection of a Subscription for one or more Purchase Periods shall not
affect the ability or right of the Administrator to accept or reject a Subscription for any subsequent Purchase Period. In any event, all Eligible Employees shall have the same rights and privileges under this Plan to the extent required to satisfy
the requirements of Code § 423(b)(5). 
 § 8. Payroll Deductions. 
 (a) Subscription Amounts. Each Eligible Employee’s Subscription shall specify the amount that he or she authorizes his or her Participating
Employer to deduct from his or her Compensation otherwise due him or her from such Participating Employer each pay period during the Purchase Period. A Subscription shall apply prospectively and payroll deductions shall begin as soon as practicable
after the Administrator accepts the Subscription. The minimum deduction may not be less than 1% of the Eligible Employee’s Compensation during the pay period, and the maximum deduction may not exceed 15% of the Eligible Employee’s
Compensation during the pay period. An Eligible Employee’s “pay period” shall be determined in accordance with his or her Participating Employer’s standard payroll policies and practices. 
 (b) Subscription Account Credits. All payroll deductions received on behalf of an Eligible Employee shall be credited to his or her Subscription
Account. 
 (c) Effect of Subscription. A Subscription shall remain in effect for the Purchase Period for which it was made and
subsequent Purchase Periods and amounts shall continue to be deducted pursuant to such Subscription until such Subscription is amended or until the person 

  

 -4- 

 
who made the Subscription is no longer an Eligible Employee. A participating Eligible Employee shall have the right once during any Purchase Period to
increase or reduce the payroll deductions that he or she previously had authorized, and such increase or reduction shall be effective as soon as practicable after the Administrator actually receives an amended Subscription to such effect.

 (d) Election Revocation Rights. A participating Eligible Employee shall have the right at any time during any Purchase Period to
revoke an election made on a Subscription, and stop the payroll deductions that he or she previously had authorized for such Purchase Period, if he or she files an election revocation form with the Plan Administrator at least five business days
before the Purchase Date for such Purchase Period. In such case, payroll deductions shall stop as soon as practicable after the Plan Administrator actually receives the election revocation and the entire balance credited to his or her Account for
such Purchase Period balance shall be paid to the Participant in cash (without interest) as soon as practicable after the Plan Administrator receives his or her election revocation form. 
 (e) Termination of Eligible Employee Status. If an individual’s status as an Eligible Employee terminates on or before the Purchase Date for
a Purchase Period for any reason whatsoever, so that he or she is not an Eligible Employee, his or her payroll deductions shall cease and the balance credited to his or her Subscription Account shall be used for the purchase of shares of Stock on
the Purchase Date pursuant to § 9. Employment as an Eligible Employee shall not be treated as interrupted by a transfer directly between the Company and any other Participating Employer or between other Participating Employers. 

(f) No Cash Payments. An Eligible Employee may not make any contribution to his or her Subscription Account except through payroll deductions
made in accordance with this § 8. 
 § 9. Purchase of Stock. 
 On each Purchase Date, the balance then credited to an Eligible Employee’s Subscription Account will be used to purchase as many whole shares of
Stock as can be purchased at the Purchase Price for the Purchase Period. If the number of shares of Stock available for purchase under the Plan on any Purchase Date is insufficient to cover the number of shares that the Subscription Account balances
otherwise could purchase, then the number of shares that each participating Eligible Employee could purchase shall be reduced proportionately based on the ratio of (a) the number of shares of Stock that would have been purchased for such
Eligible Employee if sufficient shares were available to (b) the total number of shares of Stock that would have been purchased for all participating Eligible Employees if sufficient shares were available. 
 If an Eligible Employee has a credit balance in his or her Subscription Account remaining after the purchase of Stock, such credit balance shall be
refunded to such Eligible Employee in cash (without interest), unless such Subscription Account balance is attributable to a fractional share, in which event such balance will be carried forward (without interest) to the immediately following
Purchase Period. 
 In any event, no Eligible Employee shall have the right to purchase shares of Stock under this Plan or under any other
employee stock purchase plan (within the meaning of Code § 423) 

  

 -5- 

 
or any other shares of stock of the Company and any of its Subsidiaries under any other employee stock purchase plans (within the meaning of Code
§ 423) to accrue (within the meaning of Code § 423(b)(8)) at a rate that exceeds $15,000 of the Fair Market Value of such stock for any calendar year. Such Fair Market Value shall be determined as of the Purchase Date for a
Purchase Period. In addition, no Eligible Employee shall have the right to purchase shares of Stock under this Plan if he or she would own (immediately after the purchase of such Stock) stock possessing 5% or more of the total combined voting power
or value of all classes of stock of the Company based on the rules set forth in Code § 423(b)(3) and Code § 424. 
 § 10. Delivery of Stock. 
 The Administrator will cause shares of Stock to be registered in
book-entry form in the Eligible Employee’s name. The Recordkeeper shall record the purchase of shares of Stock pursuant to this Plan to the Eligible Employee’s Share Account and shall credit the Eligible Employee’s Share Account with
any Stock dividends paid on such shares. 
 The Recordkeeper shall provide periodic statements to each Eligible Employee or former Eligible
Employee of the number of shares of Stock held for his or her Share Account and of the dividends paid on those shares. 
 An Eligible
Employee or former Eligible Employee may request the Recordkeeper to deliver to the Eligible Employee or former Eligible Employee certificates representing all of the shares of Stock credited to his or her Share Account. Such certificates shall be
provided at the Eligible Employee’s or former Eligible Employee’s expense, and the Recordkeeper may take such action as the Administrator deems appropriate for the Eligible Employee or former Eligible Employee to pay such expense. Any
request for a certificate shall be treated as a request for certificates for all shares of Stock credited to the Eligible Employee’s or former Eligible Employee’s Share Account. 
 No Eligible Employee (or any person who makes a claim through an Eligible Employee) shall have any interest in any shares of Stock until such Stock has
been purchased pursuant to § 9 and the related shares of Stock actually have been registered in book-entry form in the Eligible Employee’s name. 
 § 11. Transferability. 
 Neither the balance credited to an Eligible Employee’s Subscription Account nor any rights to purchase and receive shares of Stock under this Plan may be assigned, encumbered, alienated, transferred, pledged, or
otherwise disposed of in any way (a “Transfer”), by an Eligible Employee during his or her lifetime or by any other person, and any attempt to do so shall be without effect; provided, however, upon any such attempted Transfer, the
Administrator may distribute the balance credited to the Eligible Employee’s Subscription Account in cash (without interest) as soon as practicable thereafter. In such case, no further payroll deductions will be made on the Eligible
Employee’s behalf for the remainder of the Purchase Period, and the Eligible Employee’s Subscription Account will be closed and will remain closed until such time as the Eligible Employee submits a new Subscription. 
  

 -6- 

 § 12. Adjustment. 
 The number of shares of Stock available under this Plan shall be adjusted by the Board in an equitable manner to reflect any increase or decrease in the
number of issued and outstanding shares of Stock resulting from a subdivision or consolidation of shares of Stock or the payment of dividends in the form of Stock (but only such a payment with respect to Stock) or any other increase or decrease in
the number of shares of Stock effected without receipt of consideration by the Company; provided, however, no adjustment shall be made for the forward stock split effected in connection with the initial public offering of the Stock. Furthermore, the
Board shall adjust (in a manner that satisfies the requirements of Code § 424(a)) the number of shares of Stock available under this Plan and the related Purchase Price in the event of any corporate transaction described in Code
§ 424(a) or the treasury regulations issued thereunder. An adjustment made under this § 12 by the Board shall be conclusive and binding on all affected persons. 
 § 13. Securities Registration. 
 If the Company deems it necessary to register under the Securities Act of 1933, as amended, or any other applicable statutes any shares of Stock under this Plan or to qualify any such shares of Stock for an exemption
from any such statutes, the Company shall take such action at its own expense before the purchase of such shares of Stock. If shares of Stock are listed on any national stock exchange or market at the time of the purchase of Stock under this Plan,
the Company shall make prompt application for the listing on such national stock exchange or market of such shares at the expense of the Company. 
 § 14. Amendment or Termination. 
 This Plan may be amended by the Board from time to time to
the extent that the Board deems necessary or appropriate in light of, and consistent with, Code § 423, FAS 123(R), and the laws of the State of Delaware, and any such amendment shall be subject to the approval of the Company’s
stockholders to the extent such approval is required under Code § 423, the laws of the State of Delaware, applicable stock exchange or market requirements, or other applicable law. The Board may terminate this Plan or any offering made
under this Plan at any time. Upon the effective date of such termination, all Subscriptions shall be of no further effect, no further payroll deductions shall be made by the Administrator for the purchase of Stock, and each participating Eligible
Employee’s Subscription Account balance shall be distributed to the Eligible Employee in cash (without interest) as soon as practicable. 
 § 15. Limitation on Liability. 
 Neither the Company nor any affiliate or anyone acting on
the behalf of the Company or an affiliate shall be responsible in whole or in part for any act done in good faith or any good faith omission to act. Without limiting the first sentence, such entities shall not be responsible for any prices at which
shares of Stock are purchased or sold, the time at which any purchase or sale is made under this Plan, or the change in value of any class of stock of the Company. 
  

 -7- 

 § 16. Employment. 
 Nothing in this Plan shall interfere with or limit in any way the right of a Participating Employer to terminate any Eligible Employee’s employment
at any time, nor confer upon any Eligible Employee any right to continue in the employ of such Participating Employer. 
 § 17. Headings,
References and Construction. 
 The headings in this Plan have been included for convenience of reference only. Except as otherwise
expressly indicated, all references to sections (§) in this Plan shall be to sections (§) of this Plan. This Plan shall be interpreted and construed in accordance with the laws of the State of Delaware. 
 § 18. Plan Document Controls. 
 In the event of any conflict between the provisions of this Plan and any other document or communication, this Plan shall control, and the conflicting provisions of any other document or communication shall be null
and void. 
 § 19. Severability. 
 If any provision of this Plan shall be held illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining parts of this
Plan, and this Plan shall be construed and enforced as if the illegal or invalid provision had not been included. 
 § 20. General Creditor Status. 
 All amounts credited to a Subscription Account shall be held by the Company, by
the Company’s agent or by one, or more than one, other Participating Employers (as determined by the Administrator) as part of the general assets of the Company or any such Participating Employer, and each Eligible Employee’s rights to the
amounts credited to his or her Subscription Account shall be those of a general and unsecured creditor. 
  

 -8-

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