Document:

Amendment and Restatement of 2005 Restricted Stock Plan

 Exhibit 10.6 
 Amendment and Restatement of the 
 Computer Programs and Systems, Inc. 
 2005 Restricted Stock Plan 
 Effective as of May 12, 2005 
 (As Amended and Restated on January 27, 2006) 
 This 2005 Restricted Stock Plan (the “Plan”) is established by the Board of Directors of Computer Programs and Systems, Inc., a Delaware
corporation (the “Company”), has been adopted by the Board of Directors of the Company (the “Board”) and approved by the stockholders of the Company. The Compensation Committee of the Board approved the Amendment and Restatement
of the Plan on January 27, 2006. 
 ARTICLE I 
 Purpose 
 The purpose of this Plan is to promote the interests of the Company and its stockholders by
granting restricted stock to the Executives of the Company in order to: (1) attract, retain and motivate key Executives of the Company, (2) strengthen the mutuality of interests between such Executives and the Company’s stockholders
by providing incentives to maximize shareholder value, and (3) provide the Executives with a proprietary interest in maximizing the growth, profitability and overall success of the Company. 
 ARTICLE II 
 Definitions

 For purposes of this Plan, the following terms will have the meanings set forth below: 
 “Award” means a grant of Restricted Stock under the Plan, subject to the terms and conditions of the Plan and the applicable Award
Agreement. 
 “Award Agreement” means a Restricted Stock Award Agreement between the Company and an Executive evidencing the
terms and conditions of an Award of Restricted Stock. 
 “Board” means the Board of Directors of the Company. 
 “Cause” means a felony conviction of an Executive or the failure of an Executive to contest prosecution for a felony, or an
Executive’s willful misconduct or dishonesty which is harmful to the business or reputation of the Company, as determined by the Board in its sole discretion. 
 “Change in Control” will be deemed to have occurred if (i) any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) or any two or more persons acting as a
partnership, syndicate or other such group (other than the Company, any trustee or other fiduciary holding securities under any employee benefit plan of the Company, any company owned, directly or indirectly, by the stockholders of the Company in
substantially the same proportions as their ownership of Stock of the Company) is or becomes the “beneficial owner” (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing 50% or
more of the combined voting power of the Company’s then outstanding securities; (ii) during any period of two consecutive years (not including any period prior to the adoption of the Plan), individuals who at the beginning of such period
constitute the Board, and any new director (other than a director designated by a person who has entered into an agreement with the Company to effect a transaction described in clause (i), (iii), or (iv) of this paragraph) whose election by the
Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at the beginning of the two-year period or whose election or nomination
for election was previously so approved, cease for any reason to constitute at least a majority of the Board; (iii) the stockholders of the Company approve a merger or consolidation of the 
  

 1 

 Company with any other corporation, other than a merger or consolidation that would result in the voting
securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) more than 50% of the combined voting power of the voting
securities of the Company or such surviving entity outstanding immediately after such merger or consolidation; or (iv) the stockholders of the Company approve a plan of complete liquidation of the Company or an agreement for the sale or
disposition by the Company of all or substantially all of the Company’s assets. If any of the events enumerated in clauses (i) through (iv) occur, the Board shall determine the effective date of the Change in Control resulting
therefrom, for purposes of the Plan. 
 “Code” means the Internal Revenue Code of 1986, as amended. 
 “Committee” means the Compensation Committee of the Board, or such other committee of the Board as may be appointed by the Board to
administer the Plan. The Committee shall at all times consist of two or more members of the Board, and the Committee members must (i) satisfy the requirements of Rule 16b-3 under the Exchange Act and (ii) meet any applicable independence
standards promulgated by NASDAQ or by any stock exchange on which the Company’s Stock is then listed. To the extent the Board considers it necessary or desirable to qualify compensation under Section 162(m) of the Code, each member of the
Committee shall be an “outside director” within the meaning of Section 162(m) of the Code. The Board may from time to time remove members from, or add members to, the Committee. Vacancies on the Committee shall be filled by the Board.
The Committee shall select one of its members as Chairman and shall hold meetings at such times and places as it may determine. 
 “Company” means Computer Programs and Systems, Inc., a Delaware corporation, or any successor to such corporation. 
 “Disability” means a permanent and total disability as defined in the Company’s long term disability insurance program; provided, however, that in the event no such program is in effect, Disability shall mean a total
and permanent disability or incapacity resulting from medically demonstrable bodily injury or disease (i) which prevents the Executive from engaging in any regular occupation for compensation or profit, (ii) which has continuously existed
for a period of at least six months, and (iii) for which the Employee would be eligible for or is in receipt of disability benefits under the Federal Social Security Act. Disability will be determined by the Board who may reasonably require the
Executive to undergo examination by a qualified physician selected by the Board at any time or times for the purposes of determining whether the Employee incurred and continues to have a Disability. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended. 
 “Executive” means any ‘executive officer’ (as such term is defined in Rule 3b-7 under the Exchange Act) of the Company, as
determined by the Board, in its sole and absolute discretion. 
 “Fair Market Value” means, unless otherwise determined by
the Board, the closing price on the date of determination for a share of Stock, or if there were no sales on such date, the most recent prior date on which there were sales, as reported by the Nasdaq National Market. 
 “Performance Criteria” as defined in Article VIII. 
 “Plan” means this 2005 Restricted Stock Plan, as amended from time to time. 
 “Restricted Stock” means Stock issued pursuant to the Plan. 
 “Restricted Period” as defined in
Section 7.4. 
 “Rule 16b-3” means the exemption under Rule 16b-3, promulgated by the Securities and Exchange Commission
under Section 16(b) of the Exchange Act, or any successor to such rule, as in effect from time to time. 
  

 2 

 “Securities Act” means the Securities Act of 1933, as amended. 
 “Stock” means the $.001 par value common stock of the Company. 
 ARTICLE III 
 Stock Subject to Plan; Adjustments 
 3.1 Stock Reserved. Subject to adjustments as provided in Section 3.3 below, an aggregate of 300,000 shares of the Stock have been reserved
by the Company for the grant of Awards under the Plan. In the event that shares of Restricted Stock are issued under the Plan and thereafter are forfeited, such forfeited shares may again be issued under the Plan. 
 3.2 Type of Shares Distributable. Restricted Stock may consist, in whole or in part, of authorized and unissued Stock, of Stock reacquired by the
Company through purchase in open market or private transactions, or of Stock that was forfeited, as provided for in Section 3.1 above. 
 3.3 Adjustments. In the event of any merger, reorganization, consolidation, recapitalization, stock dividend or other distribution (whether in the form of cash, shares of stock, other securities or other property), stock split,
reverse stock split, combination, repurchase, or exchange of shares of Stock or other securities of the Company, or other similar corporate transactions or events or change in corporate structure affecting the Stock such that an adjustment is
determined by the Committee to be appropriate in order to prevent dilution or enlargement of the benefits and potential benefits inteneded to be made available under the Plan, then the Committee, in such a manner as it deems equitable, shall make an
appropriate substitution or adjustment in (i) the aggregate number of shares reserved for issuance under the Plan, and (ii) the kind, number and price of shares subject to outstanding Restricted Stock Awards granted under the Plan;
provided that the number of shares subject to any Award shall always be a whole number. Such substitutions or adjustments shall be made as may be determined by the Committee, in its sole discretion, and shall be conclusive and binding for purposes
of the Plan. 
 ARTICLE IV 
 Eligibility 
 Only Executives are eligible to be selected by the Committee to receive an Award of Restricted Stock under the
Plan. Participants in the Plan shall be selected by the Committee from those Executives who, in the estimation of the Committee, have a substantial opportunity to influence the long-term profitability of the Company. 
 ARTICLE V 
 Effective Date; Duration

 Upon adoption by the Board, the Plan becomes effective on the date the stockholders of the Company approve the Plan (the
“Effective Date”). The Plan shall terminate ten years from the Effective Date, unless terminated earlier pursuant to Article X, and no Awards may be granted thereafter. 
 ARTICLE VI 
 Administration 
 6.1 General. The Plan shall be administered by the Committee. Subject to the terms of the Plan and applicable law, and in addition to other
express powers and authorizations conferred on the Committee by the Plan, the Committee shall have full power and authority to: (i) select which Executives may receive Award under the Plan, (ii) determine the number of shares of Restricted
Stock to be awarded to an Executive, (iii) determine the form, terms and conditions of each Award Agreement, including, without limitation, the length of the Restricted Period and the applicable Performance Criteria, if any, (iv) determine
whether to designate if an Award is intended to be “performance-based compensation” as such term is used in Section 162(m) of the Code, (v) interpret and administer the Plan and any instrument or agreement relating to, or grant
made under, the Plan, (vi) establish, interpret, amend, 
  

 3 

 suspend, rescind or waive any rules and regulations relating to the Plan, (vii) appoint such agents as it shall deem
appropriate for the proper administration of the Plan; and (viii) make any other determination and take any other action that the Committee deems necessary to or desirable for the administration of the Plan. Other provisions of the Plan
notwithstanding, the Board may perform any function of the Committee under the Plan, including for the purpose of ensuring that transactions under the Plan by Executives who are then subject to Section 16 of the Exchange Act in respect of the
Company are exempt under Rule 16b-3 under the Exchange Act. In any case in which the Board is performing a function of the Committee under the Plan, each reference to the Committee herein shall be deemed to refer to the Board, except where the
context otherwise requires. 
 6.2 Committee Discretion Binding. Unless otherwise expressly provided under the Plan, all designations,
determinations, interpretations, and other decisions under or with respect to the Plan shall be within the sole discretion of the Committee, may be made at any time, and shall be final, conclusive, and binding upon all persons, including the
Company, any Executive, any holder or beneficial owner of Restricted Stock and any stockholder of the Company.  
 6.3 Limitation
of Liability. No member of the Committee and no Executive shall be liable for any act or failure to act hereunder, except in circumstances involving his or her bad faith, gross negligence or willful misconduct, or for any act or failure to act
hereunder by any other member or Executive or by any agent to whom duties in connection with the administration of the Plan have been delegated. 
 6.4 Indemnification. The Company shall indemnify members of the Committee against any and all liabilities or expenses to which they may be subjected by reason of any act or failure to act with respect to their duties on behalf of the
Plan, except in circumstances involving such person’s bad faith, gross negligence or willful misconduct. 
 Article VII

 Restricted Stock 
 7.1 Award of Restricted Stock; Award Agreement. The Committee may grant an Award of Restricted Stock to an Executive. Any Award of Restricted Stock granted to an Executive shall include a Restricted Period of at least three
(3) years. After the Committee determines that it will offer an Award to an Executive, it will advise the Executive in writing, by means of an Award Agreement, of the terms, conditions, and restrictions, if any, related to the Award, including
the terms under which the Restricted Stock may become vested and the number of shares the Executive shall be entitled to receive. The Award shall be accepted by the Executive upon execution of an Award Agreement in the manner determined by the
Committee. 
 7.2 Maximum Award. The maximum number of shares of Restricted Stock that can vest to any Executive in any one calendar
year, determined as of the date of the grant of the Award, shall be that number of shares the Fair Market Value of which is equal to fifty percent (50%) of Executive’s annual base salary in effect on the date of the Award. For purposes of
calculating the number of shares of Restricted Stock that can vest under this provision of Section 7.2, the Restricted Stock will be valued at Fair Market Value as of the close of business on the date of the grant of such Award. 
 7.3 Purchase Price. Restricted Stock shall be offered under the Plan for such consideration in cash, other property or services as is determined
by the Committee and set forth in the Award Agreement.  
 7.4 Restricted Period. At the time an Award of Restricted Stock is
made, the Committee shall establish a period of time during which the transfer of shares of Restricted Stock shall be restricted and be subject to forfeiture, as provided in Section 7.5 (the “Restricted Period”). The duration of the
Restricted Period and the limitations on transferability will be set forth in the Award Agreement. The minimum Restricted Period, however, shall be three years from the date of the Award. Each Award may have a different Restricted Period.

 7.5 Risk of Forfeiture. In the event of the termination of an Executive’s employment or affiliation with the Company, or in
the event that the recipient of an Award no longer satisfies the definition of an Executive, for any reason other than those set forth in this Section 7.5 or in Section 7.10, the Executive, or former Executive, as 
  

 4 

 the case may be, shall, for no consideration, forfeit to the Company all shares of Restricted Stock issued pursuant to
this Plan that have not previously vested. In the event the Company terminates an Executive’s employment without Cause, the Executive shall forfeit to the Company all shares of Restricted Stock issued pursuant to this Plan that have not
previously vested as of the date of such termination; provided, however, that the Board of Directors may determine, in its sole discretion, at the time of the executive’s termination without Cause, to accelerate the vesting of all or any
portion of the shares of Restricted Stock that had not vested prior to such termination. In the event of such an acceleration of vesting, a stock certificate shall be delivered in accordance with Section 7.9 below. 
 7.6 Transferability of Awards. Except as otherwise provided by the Committee, no Restricted Stock awarded under this Plan shall be transferred,
sold, exchanged, pledged or otherwise disposed of by an Executive during the Restricted Period, other than (i) by the Executive’s last will and testament, (ii) by the applicable laws of descent and distribution, or (iii) as
otherwise determined by the Committee. 
 7.7 Stock Certificate Representing Restricted Stock. The Company shall issue stock
certificates that evidence Restricted Stock pending the lapse of applicable restrictions, and that bear a legend making appropriate reference to such restrictions substantially in the form provided below: 
 The transferability of this certificate and the shares of stock represented by this certificate are subject to the terms and conditions (including
forfeiture) of the Computer Programs and Systems, Inc. 2005 Restricted Stock Plan and an Award Agreement entered into by the registered owner and Computer Programs and Systems, Inc. Copies of such Plan and Agreement are on file in the offices of
Computer Programs and Systems, Inc. 
 7.8 Escrow of Stock. To facilitate the enforcement of the transfer restrictions prior to
vesting, the Company may require that the stock certificate(s) evidencing shares of Restricted Stock be held in custody by a designated escrow agent (which may, but need not be, the Company) until the restrictions thereon have lapsed. The Company
may require the Executive to execute a stock power endorsed in blank related to the shares covered by the Award. 
 7.9 Issuance of Shares
Upon Vesting. Upon the expiration or termination of the Restricted Period and the satisfaction of any other conditions prescribed by the Committee, including without limitation a determination by the Committee that the Performance Criteria have
been met, the restrictions applicable to the Restricted Stock shall lapse and a stock certificate for the number of shares of Restricted Stock with respect to which the restrictions have lapsed shall be delivered as soon as administratively
possible, free of all such restrictions and legends, except any that may be imposed by law. A new stock certificate for the balance of any shares that remain Restricted Stock shall be issued with appropriate restrictive legends and may be held in
escrow pursuant to Section 7.8 above, pending the lapse of such restrictions with respect to those shares. 
 7.10 Accelerated
Vesting. In the event of (i) a Change in Control of the Company, (ii) the death of the Executive, or (iii) the Disability of the Executive, the Restricted Period will be deemed to have lapsed and all conditions, including without
limitation the Performance Criteria, will be deemed to have been satisfied, and all Awards granted to such Executive under this Plan shall become 100% vested as of the date of the Change in Control, the death, or the Disability, as the case may be,
and a stock certificate shall be delivered in accordance with Section 7.9 above. 
 7.11 Voting and Dividend Rights. The
Executive will be entitled to voting rights and dividend rights during the Restricted Period. The Executive will be entitled to retain cash dividends even if the shares of Restricted Stock are later forfeited.  
 ARTICLE VIII 
 Performance Criteria

 The Committee may condition the lapse of restrictions under an Award Agreement on the achievement of certain financial goals or
measurements (the “Performance Criteria”). Such Performance Criteria may include the 
  

 5 

 following: (i) annual growth in net income, (ii) annual cash collections on sales, (iii) annual growth in
new system installation contracts, (iv) annual growth in the average size of installation contracts, (v) annual growth in revenue, (vi) annual growth in the number of hospital clients, (vii) net income per diluted share, or
(viii) any other reasonable basis that the Committee selects; provided that, to the extent the Committee determines that it is necessary to qualify compensation under Section 162(m) of the Code, the Performance Criteria shall be based on
one or more criteria listed in (i) through (vii) above. The Committee shall make all determinations as to whether the selected Performance Criteria has been satisfied and shall reserve the right to modify or amend the Performance Criteria,
in accordance with Article X. For Awards expressly intended to comply with Section 162(m) of the Code, discretion used by the Committee pursuant to this Article may only be used if permissible under Section 162(m). 
 ARTICLE IX 
 Withholding of Tax;
83(b) Election 
 9.1 Withholding of Tax. To the extent that the receipt of the Restricted Stock or the lapse of any restrictions
results in income to an Executive for federal or state income tax purposes, the Executive shall deliver to the Company at the time of such receipt or lapse, as the case may be, such amount of money or shares of unrestricted Stock as the Company may
require to meet its withholding obligation under applicable tax laws or regulations, and, if Executive fails to do so, the Company is authorized to withhold from any cash or Stock remuneration then or thereafter payable to Executive any tax required
to be withheld. 
 9.2 83(b) Election. Section 83(b) of the Code allows a recipient of Restricted Stock to elect to immediately
recognize ordinary compensation income in an amount equal to the Fair Market Value of the Restricted Stock on the date of the grant (an “83(b) Election”). An Executive of the Company may make an 83(b) Election only with the prior written
approval of the Committee. 
 ARTICLE X 
 Amendment; Termination 
 Unless applicable laws, regulations, or Nasdaq listing standards provide
otherwise, the Committee may at any time terminate the Plan or make such changes in or additions to the Plan as it deems advisable without further action on the part of the Company’s stockholders, provided that no such termination or amendment
shall adversely affect or impair any then outstanding Award without the consent of the Executive holding that Award. 
 ARTICLE XI

 General Provisions 
 11.1 No Right to Continued Employment. Neither the Plan nor any action taken thereunder shall be construed as giving any Executive the right to be retained in the employ of the Company, nor shall it interfere in any way with the
right the Company may have to terminate the Executive. 
 11.2 No Right to Awards. No Executive shall have any claim to be granted
Restricted Stock and there is no obligation for uniformity of treatment of Executives. The terms and conditions of Awards need not be the same with respect to each recipient.  
 11.3 Compliance with Legal and Nasdaq Requirements. The Plan, the granting of Awards thereunder, and the other obligations of the Company under
the Plan and any Award Agreement, shall be subject to all applicable federal and state laws, rules and regulations, and to such approvals by any regulatory or governmental agency as may be required. The Company, in its discretion, may postpone the
issuance or delivery of Shares under any Award until completion of such listing with Nasdaq or registration or qualification of such Stock or other required action under any state, federal or foreign law, rule or regulation as the Company may
consider appropriate, and may require any Executive to make such representations and furnish such information as it may consider appropriate in connection with the issuance or delivery of Shares in compliance with applicable laws, rules and
regulations. 
 11.4 Compliance with Section 162(m) of the Code and Rule 16b-3 of the Exchange Act. If any provision of the Plan
or any Award Agreement relating to a qualified performance based award or to a person 
  

 6 

 subject to Section 16 of the Exchange Act does not comply or is inconsistent with the requirements of
Section 162(m) of the Code or Rule 16b-3 under the Exchange Act, such provision shall be construed or deemed to be amended or to be null and void to the extent necessary to conform to such requirements. 
 11.5 Governing Law. The validity, construction, and effect of the Plan, any rules and regulations relating to the Plan, and any Award Agreement
shall be determined in accordance with the laws of the State of Delaware. 
 11.6 Headings. Headings are given to the Articles and
sections of the Plan solely as a convenience to facilitate reference. Such headings shall not be deemed in any way material or relevant to the construction or interpretation of the Plan or any provisions thereof.  
  

 7Real Property Lease, dated March 15, 2005

 Exhibit 10.12 
 LEASE AGREEMENT 
 THIS LEASE AGREEMENT (“this Lease”) is entered into as of
the 15th day of March, 2005 between C.P. INVESTMENTS, INC., an Alabama corporation (hereinafter referred to as the “Landlord”), and COMPUTER PROGRAMS AND SYSTEMS, INC., a Delaware corporation (hereinafter referred to as the
“Tenant”). 
 WITNESSETH: 
 The Landlord, for and in consideration of the rents, conditions, terms and covenants herein specified to be paid, performed and observed by the Tenant, does hereby let, lease and demise to the Tenant, and the Tenant
does hereby lease and take from the Landlord, that certain real estate with accompanying improvements and appurtenances located at 6508 Wall Street in the City and County of Mobile, State of Alabama and more particularly identified as Building
9 on Exhibit A attached hereto and incorporated herein by reference (the “Demised Premises”) upon the following terms and conditions: 
 NOW, THEREFORE, in consideration of the premises and the rents, covenants and conditions hereinafter contained, the Landlord and the Tenant do hereby covenant, promise and agree as follows: 
 1. Landlord does hereby lease unto Tenant and Tenant does hereby lease from Landlord the Demised Premises for a term of one hundred twenty
(120) calendar months commencing as of March 15, 2005 (hereinafter referred to as the “Lease Term”). 
 2. Tenant shall
during the first year of the Lease Term, pay to the Landlord an annual rental of Seventy Two Thousand, and No/100 Dollars ($72,000.00) unless abated or diminished as hereinafter provided, in equal monthly installments of Six Thousand, and No/100
Dollars ($6,000.00) in advance, on the 1st day of each month, commencing upon the 15th day of March, 2005. For each of the remaining nine years of the Lease Term, the rental rate shall be adjusted, as of March 31, 2006 and on March 31 of
each year thereafter, in accordance with changes in the Consumer Price Index (“CPI”) as published by the Bureau of Labor Statistics for All Urban Consumers (CPI-U), 1982-84 = 100. Upon each such lease rate adjustment date, the lease rate
for the upcoming year of the Lease Term shall be an amount equal to the monthly lease rate for the immediately preceding year multiplied by a fraction, the denominator of which shall be the CPI for January, 2005 and the numerator of which shall be
the CPI for the month of such lease rate adjustment. It is the intention of the parties that the determination of the adjusted lease rate shall not be distorted by any changes in the method by which the CPI is determined or the form in which the CPI
is presented, including but not limited to, changes in the reference year on which the CPI is based or changes in the components of the CPI. Accordingly, if the method by which the CPI is determined or the form in which the CPI is presented is
hereafter changed, the index used in the numerator of the fraction described above shall be adjusted so that such index is determined and presented on the same basis as the CPI used in the denominator of such fraction. To the extent 

 possible, such adjustment shall be based on any adjustment factor published by the U.S. Department of Labor or any
successor governmental agency. If for any reason the index used in the numerator of such fraction cannot be determined on the same basis as the CPI used in the denominator of such fraction, or if the CPI is not hereafter published, the adjusted
lease rate shall be determined by reference to the index of consumer prices then published by the U.S. Government, or an agency thereof, that most nearly resembles the CPI as in effect for January, 2005. 
 In addition to the foregoing, the rental may also be re-negotiated at such future times that additional rental space may become available for use by
Tenant at the Demised Premises. 
 Notwithstanding the foregoing, the parties hereby agree that ninety (90) days prior to the expiration
of the first five (5) years of the Lease Term, they shall obtain an appraisal, in accordance with the procedures set forth below, in order to determine the Fair Market Rental Value of the Demised Premises. Upon the completion of such appraisal,
the rental rate for the sixth (6th) year of the Lease Term shall be adjusted to an amount equal to the Fair
Market Rental Value as set forth in said appraisal. 
 On or about the date that is ninety (90) days prior to the expiration of the
fifth (5th) year of the Lease Term, Landlord and Tenant shall consult with one another for the purpose of
appointing a mutually acceptable qualified independent appraiser. If the parties are unable to agree on an appraiser within ten (10) days, such Fair Market Rental Value shall be determined by a panel of three independent appraisers, one of whom
shall be selected by each of Landlord and Tenant within five (5) days thereafter. If one party appoints an appraiser pursuant to the immediately preceding sentence, and if the other party fails to appoint a second appraiser within the
applicable time limit, the appraisal shall be made by such appraiser. On or before the tenth day after appointment of the second appraiser, a third appraiser shall be selected by agreement of the first two appraisers. Landlord and Tenant shall split
all fees and expenses of the appraisers. Each appraiser appointed pursuant to the foregoing procedure shall be experienced, have equivalent qualifications to those of a senior member of the American Society of Appraisers, shall be independent of
Landlord and Tenant, and shall be instructed to determine Fair Market Rental Value in accordance with the uniform standards for professional appraisal practice or the equivalent, before the 45th day after the appointment of the last of such appraisers to be appointed, and such determination shall be final, binding and conclusive upon the parties. If
three appraisers shall be appointed, the determination of Fair Market Rental Value shall be the average of the three appraisals rendered by the appraisers. In the event, however, that the lowest or the highest of the three appraisals, or both,
varies by more than ten percent (10%) from the middle appraisal, the appraisal or appraisals so varying shall be disregarded and the average of the remaining appraisals, or the remaining appraisal, shall be the determination of Fair Market
Rental Value. 
 For purposes of this section, (i) “Fair Market Rental Value” means an amount determined by an Independent
Appraisal (as defined below) on the basis of, and shall be equal in amount to, the rental rate which would be obtained in an arm’s-length transaction between an informed and willing tenant under no compulsion to lease and an informed and
willing landlord under no compulsion to rent; and (ii) “Independent Appraisal” means the procedure specified above for determining Fair Market Rental Value. 
  

 -2- 

 3. Landlord represents and warrants that (A) it is the owner in fee simple of the Demised Premises;
(B) the Demised Premises are free and clear of all liens and encumbrances other than the lien of current ad valorem taxes, easements for roads and utilities serving the Demised Premises, setbacks and other conditions of title as may be set
forth in any recorded plat, easements and restrictions of record that do not interfere with the present use of the Demised Premises, and those liens and encumbrances set forth on Exhibit B attached hereto (the “Permitted Encumbrances”);
(C) Landlord has not received any notification from any governmental authority of any pending public improvements affecting the Demised Premises or requiring any repairs, replacements or alterations to the Demised Premises that have not been
satisfactorily made; (D) Landlord has no knowledge of any pending or threatened condemnation or appropriation of all or any part of the Demised Premises by any governmental authority or other entity having the right of eminent domain; and
(E) to the best of Landlord’s knowledge and belief, there are no applicable laws, ordinances or regulations that would prohibit or interfere with the use of the Demised Premises by Tenant for its intended use thereof. 
 Landlord covenants that Tenant, by paying the rent herein reserved and performing and observing all of the covenants and agreements herein agreed by
Tenant to be kept and performed, may peaceably hold and enjoy the Demised Premises with exclusive control and possession thereof during the full Lease Term without hindrance or interruption by Landlord and that Landlord will warrant and defend
Tenant in peaceful and quiet enjoyment of the Demised Premises against the claims of all persons claiming through or under Landlord, except condemning and similar authorities. 
 4. The Tenant shall assess the Demised Premises and shall pay promptly as and when they become due all real estate taxes and all assessments, water rates
and water charges, and other governmental levies and charges, general and special, ordinary and extraordinary, unforeseen as well as foreseen, of any kind, which are assessed or imposed upon the Demised Premises or any part thereof, or become
payable during the term of this Lease. 
 During the term of this Lease, Tenant may attempt to have the assessed valuation of the Demised
Premises reduced or may initiate proceedings to contest the Taxes and Assessments. If requested by Tenant, Landlord shall join in any such proceedings initiated by Tenant; provided that Tenant shall pay all costs and expenses in connection
therewith, including reasonable costs and expenses incurred by Landlord. Upon the final determination of any such proceedings, Tenant immediately shall pay the Taxes and Assessments, together with all costs, charges, interest and penalties,
incidental to the proceedings. 
 5. Landlord hereby demises said premises in “as is” condition and Tenant accepts same “as
is”. Tenant shall make and pay for all repairs and replacements to the Demised Premises including all water, plumbing, gas or electrical lines or conduits originally furnished by the Landlord. 
  

 -3- 

 6. Tenant may, at its own expense, from time to time, make such alterations, additions or changes,
structural or otherwise, in and to the Demised Premises as it may deem necessary or suitable; provided, however, Tenant shall obtain Landlord’s prior written consent to plans and specifications for structural alterations, additions or changes;
provided, further, Landlord shall not unreasonably withhold its consent thereto if the structural strength or value of the building will not be reduced or impaired by such work. The term “structural changes”, as used herein, shall not
include moving of stud partitions, minor plumbing and electrical work, modification and rearrangement of fixtures or other minor changes. 
 7. Tenant shall contract in its own name for and pay when due, all charges and bills for utility services used on or charged against the Demised Premises, including, without limitation, all gas, water, sewer, electricity and telephone
services, during the term of this Lease, and any extensions or renewals thereof. 
 8. If, as the result of any neglect of the Tenant, its
agents, servants or invitees, or the nature of the use and occupancy of the Demised Premises by the Tenant, any Federal, State or Municipal government or any department or division thereof has or hereafter shall condemn the Demised Premises or any
part thereof as unsafe or as not in conformity with the laws, regulations or orders relating to the use, occupancy and construction thereof, or has ordered or required or shall hereafter order or require any rebuilding, alteration or repair thereof
or installation therein, the Tenant, at its own expense, will proceed with due diligence to comply with such laws, regulations or orders and no abatement of rent shall be effective. 
 9. Tenant shall comply with, at all times and in all respects, all laws and ordinances relating to nuisances, health, safety and sanitation as respects
Tenant’s use of the Demised Premises and the street abounding same. Tenant will not commit any waste or permit the same to be done, and shall keep the Demised Premises in a neat and orderly condition. 
 10. Tenant shall insure the Demised Premises against damage or destruction by fire and other casualties insured under a standard extended coverage
endorsement. Said insurance shall be in an amount equal to not less than eighty percent (80%) of the insurable value of the permanent improvements thereof. The cost of such insurance shall be borne by the Tenant and all policies with respect to
the Demised Premises shall bear endorsements naming the Landlord and Tenant as loss payees as their interest may appear. 
 In the event
that, at any time during the Lease Term the permanent improvements then constituting the Demised Premises shall be damaged or destroyed (partially or totally) by fire, the elements or any other casualty, Landlord shall, with due diligence repair,
rebuild and restore the same as nearly as practicable to the condition existing just prior to such damage or destruction. The cost of such repair, restoration and rebuilding shall be borne by Tenant, provided that if (a) the amount recovered on
said insurance is less than eighty percent (80%) of the reasonably estimated cost of such repairs, restoration and rebuilding and (b) such estimated cost is more than $100,000.00, then either party may terminate this Lease as of the date
of such damage or destruction by giving written notice to the other party within thirty (30) days after receipt of such estimate and Tenant shall have an additional sixty (60) days within which to remove its property from the Demised
Premises. 
  

 -4- 

 During any period commencing upon the date of any such damage or destruction and ending upon the
completion of the repairs, rebuilding and restoration required herein, there shall be a reasonable abatement in the annual rental and any other charges payable under this Lease equal to any insurance proceeds received by Landlord therefor.

 11. In the event of condemnation or sale under threat of condemnation, in whole or in part, of the Demised Premises, the proceeds
therefrom shall be paid to Landlord and Tenant as owners and Tenant shall not receive compensation in addition thereto because of the termination in whole or in part of Tenant’s tenancy. 
 In the event the Demised Premises, or such portion thereof rendering the same untenable, shall be expropriated by public or quasi-public authority, this
Lease shall terminate as of the date Tenant shall be deprived of the physical possession thereof. 
 12. The Demised Premises shall not be
used for any unlawful purpose. 
 13. If the rent reserved in this Lease, or any part thereof, shall remain unpaid for a period of thirty
(30) days or if Tenant shall be in default under any other provision of this Lease and shall remain so for a period of thirty (30) days after notice to Tenant of said nonpayment or other default, then Landlord may, by giving notice to
Tenant at any time thereafter during the continuance of such default, terminate this Lease and either (a) re-enter the Demised Premises by summary proceedings or otherwise, expel Tenant and remove all property therefrom, relet the same and
receive the rent therefrom, and Tenant shall remain liable for the equivalent of the amount of all rent reserved herein less the net rent received from reletting, if any, after deducting therefrom the cost (including attorney’s fees) of
obtaining possession of the Demised Premises and of any repairs and alterations necessary to prepare it for reletting, or (b) sue for and recover the entire unpaid rent for the remainder of the term of this Lease. In the event of default by
Tenant in payment of any rental due hereunder and employment of an attorney for the collection of the same, Tenant agrees to pay a reasonable attorney’s fee for the services of such attorney. 
 14. If a petition in bankruptcy shall be filed by Tenant, or if Tenant shall be adjudicated bankrupt, or if Tenant shall make a general assignment for
the benefit of creditors, or if in any proceeding based upon the insolvency of Tenant a receiver of all the property of Tenant shall be appointed, then Landlord may, at its option, terminate this Lease by giving notice to Tenant of its intention so
to do. 
 15. During the Lease Term, Tenant and its assignees and sublessees shall indemnify and save Landlord harmless against all
penalties, claims, or demands arising from Tenant’s negligence or wrongful use of the Demised Premises, except those which shall result from the act, default or negligence of Landlord, Landlord’s employees, agents, licensees, invitees or
contractors. 
  

 -5- 

 In addition, Tenant agrees to maintain insurance against all liabilities for damages on account of
injuries to property or person, including death, sustained by any person or persons while on the Demised Premises, in a general liability combined limits policy or policies in the amount of One Million and No/100 Dollars ($1,000,000.00) with respect
to injury to any one person, to any one accident or disaster, and with respect to damage to property. 
 16. In the event Landlord shall fail
to perform any obligations on any mortgage or encumbrance affecting title to the Demised Premises and to which this Lease shall be subordinate, or shall fail to perform any obligation specified in this Lease, then Tenant may, after the thirty
(30) days notice thereof by Tenant, cure such default, all on behalf of and at the expense of Landlord, and do all necessary work and make all necessary payments in connection therewith, and Landlord shall on demand pay Tenant forthwith the
amount so paid by Tenant together with interest thereon at the rate of 10%, but Tenant may not withhold rental payments and other payments thereafter due to Landlord. 
 17. At the expiration or earlier termination of the Lease Term, Tenant shall surrender the Demised Premises, together with alterations, additions and improvements then a part of said premises, in good order and
condition except for the following: ordinary wear and tear, repairs required to be made by Landlord, and loss or damage by fire, the elements and other casualty. All furniture and trade fixtures installed in said building at the expense of Tenant or
other occupant shall remain the property of Tenant or such other occupant. 
 18. Tenant may hereinafter sublet all of the Demised Premises
or assign this Lease to a parent, affiliate or subsidiary of the Tenant without Landlord’s prior written approval. Tenant may not, however, sublet all or any part of the Demised Premises or assign this Lease under circumstances not listed above
without Landlord’s prior written approval, which consent shall not be unreasonably withheld. 
 19. Landlord hereby agrees to and shall
indemnify Tenant and his successors and assigns, and Tenant hereby agrees to and shall indemnify Landlord and its successors and assigns in respect of: any liability, damage, cost, expense or deficiency resulting from any misrepresentations, breach
of warranty or nonfulfillment of any representation or agreement of the indemnifying party made herein, and from any misrepresentation in or omission from any certificate or other instrument furnished or to be furnished to the indemnified party
hereunder as well as against all actions, suits, process, demands, assessments, judgments, costs and expenses, including counsel fees, incident to any of the foregoing. This indemnity shall survive the expiration or termination of this Lease for a
term of two (2) years. 
 20. Notices required under this Lease shall be in writing and deemed to be properly served on receipt thereof
if sent by certified or registered mail to Landlord at the last address where rent was paid or to Tenant at its principal office in Mobile, Alabama, or to any subsequent address which Tenant shall designate for such purpose. 
  

 -6- 

 21. Landlord shall have the right to enter upon the Demised Premises at all reasonable hours for the
purpose of inspection and making any repairs or restorations which it may be required to make under the terms of this Lease, but such rights shall be exercised in such a manner as not to unreasonably interfere with the business of Tenant.

 22. The failure of Landlord or Tenant to insist, in any one or more instances, upon a strict performance of any of the covenants of this
Lease, or to exercise an option herein contained shall not be construed as a waiver or a relinquishment for the future, of such covenant or option, but the same shall continue and remain in full force and effect. The receipt by Landlord of rent,
with knowledge of the breach of any covenant hereof, shall not be deemed a waiver of such breach, and no waiver by Landlord or Tenant of any provision hereof shall be deemed to have been made unless expressed in writing, and signed by Landlord or
Tenant, or their agents. 
 23. Both Landlord and Tenant waive their right of subrogation against the other party for any reason whatsoever,
and any insurance policies herein required to be procured shall contain a waiver of any right of subrogation by the insurance company against such other party. 
 24. The necessary grammatical changes which shall be require make the provisions of this Lease apply (a) in the plural sense if there shall be more than one Landlord, and (b) to any Landlord which shall be
either a corporation, an association, a partnership, or and individual, male or female, shall in all instances be assumed as though in each case fully expressed. Unless otherwise provided, upon the termination of this Lease under any of the sections
hereof, the parties hereto shall be relieved of any further liability hereunder except as to acts, omissions or defaults occurring prior to such termination. 
 25. If any term or provision of this Lease, or the application thereof to any person or circumstance shall, to any extent, be invalid or unenforceable, the remainder of this Lease or the application of such term or
provision to persons or circumstances other than those as to which it is held invalid or unenforceable, shall not be affected thereby, and each term and provision of this Lease shall be valid and enforced to the fullest extent permitted by law.

 26. This Lease shall be interpreted and construed pursuant to and in accordance with the laws of the State of Alabama. Time is of the
essence of this Lease. 
 27. The conditions, covenants and agreements contained in this Lease shall be binding upon and inure to the benefit
of the parties hereto and their respective heirs, executors, administrators, successors and assigns. All covenants and agreements of this Lease shall run with the land. 
  

 -7- 

 IN WITNESS WHEREOF, the parties hereto have executed these presents in duplicate and affixed their
seals hereto as of the day and year first above written. 
  

			
	C.P. INVESTMENTS, INC.
		
	By:	 	 /s/ William E. Stillings

		 	Its Vice President
	
	COMPUTER PROGRAMS AND SYSTEMS, INC.
		
	By:	 	 /s/ M. Stephen Walker

		 	Its Vice President of Finance and CFO

  

 -8-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00099-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00099-of-00352.parquet"}]]