Document:

Prepared by MERRILL CORPORATION

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Exhibit 10(b)    
  

 
  TENET HEALTHCARE CORPORATION
  2001 ANNUAL INCENTIVE PLAN    
  

1.  Purpose  

    The purpose of the Tenet Healthcare Corporation 2001 Annual Incentive Plan is to provide an incentive to enhance shareholder value and promote the attainment
of significant business objectives of the Company by basing a portion of a selected Employee's compensation on the performance of such Employee, the Company and/or a Business Unit. 

2.  Definitions  

	(a)
	"Award"
means any annual incentive award, payable in cash, made under the Plan, which award may be based on (1) the change (measured as a percentage or an amount) in or of
any one Performance Criterion or two or more Performance Criteria from one measurement period to another, (2) the difference (measured as a percentage or an amount) between (A) a
specified target or budget amount of any one Performance Criterion or two or more Performance Criteria and (B) the actual amount of that Performance Criterion or two or more Performance
Criteria, during any measurement period, (3) the extent to which a specified target or budget amount for any one Performance Criterion or two or more Performance Criteria is met or exceeded
during any measurement period, or (4) any other award, including a discretionary award, that may be paid from time to time under the Plan.

	(b)
	"Award
Schedule" means the Award Schedule established pursuant to Section 5.

	(c)
	"Board"
means the Board of Directors of the Company.

	(d)
	"Business
Unit" means any existing or future facility, region, division, group, subsidiary or other unit within the Company.

	(e)
	"Code"
means the Internal Revenue Code of 1986, as amended, and any successor statute and the regulations promulgated thereunder, as it or they may be amended from time to time.

	(f)
	"Code
Section 162(m) Award" means an Award intended to satisfy the requirements of Code Section 162(m) and designated as such in an Award Agreement.

	(g)
	"Committee"
means the Compensation Committee of the Board.

	(h)
	"Company"
means Tenet Healthcare Corporation, a Nevada corporation.

	(i)
	"Covered
Employee" means a Covered Employee within the meaning of Code Section 162(m)(3) or a person designated as a Covered Employee by the Committee.

	(j)
	"Employee"
means any executive officer or other employee of the Company, or of any of its Business Units.

	(k)
	"Participant"
means any Employee selected to receive an Award pursuant to the Plan for any Year.

	(l)
	"Performance
Criterion" and "Performance Criteria" means any one or more of the following performance measures, taken alone or in conjunction with each other, each of which may be
adjusted by the Committee to exclude the before-tax or after-tax effects of any significant 

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acquisitions or dispositions not included in the calculations made in connection with setting the Performance Criterion or Performance Criteria for the related Award: 

	(1)
	(A)
Basic or diluted earnings per share of common stock, which may be calculated (i) as income calculated in accordance with Section 2(l)(1)(D), divided by
(x) the weighted average number of shares, in the case of basic earnings per share, and (y) the weighted average number of shares and share equivalents of common stock, in the case of
diluted earnings per share, or (ii) using such other method as may be specified by the Committee;

	(B)
	Cash
flow, which may be calculated or measured in any manner specified by the Committee;

	(C)
	Economic
value added, which is after-tax operating profit less the annual total cost of capital;

	(D)
	Income,
which may include, without limitation, net income and operating income and may be calculated or measured (i) before or after income taxes, including or excluding
interest, depreciation and amortization, minority interests, extraordinary items and other material non-recurring items, discontinued operations, the cumulative effect of changes in
accounting policies and the effects of any tax law changes; or (ii) using such other method as may be specified by the Committee;

	(E)
	Quality
of service and/or patient care which may be measured by (i) the extent to which the Company achieves pre-set quality objectives including, without
limitation, patient satisfaction objectives, or (ii) such other method as may be specified by the Committee;

	(F)
	Return
measures (including, but not limited to, return on assets, capital, equity, or sales), which may be calculated or measured in any manner specified by the Committee; or

	(G)
	The
price of the Company's common or preferred stock (including, but not limited to, growth measures and total shareholder return), which may be calculated or measured in any manner
specified by the Committee. 

	(2)
	Except
for Code Section 162(m) Awards, any other criteria related to performance, including the performance of one or more of the Business Units, individual performance or
any other category of performance selected by the Committee. 

	(m)
	"Performance
Goals" means the performance objectives with respect to one Performance Criterion or two or more Performance Criteria established by the Committee for the Company, a
Business Unit
or an individual for the purpose of determining whether, and the extent to which, payments will be made for that Year or other measurement period with respect to an Award under the Plan.

	(n)
	"Plan"
means the Tenet Healthcare Corporation 2001 Annual Incentive Plan as set forth herein, as it has been or may be amended and/or restated from time to time.

	(o)
	"Target
Award" means the amount, which may be expressed as a dollar amount or as a percentage of a Participant's salary, payable to a Participant when actual performance with
respect to any one Performance Criterion or any two or more Performance Criteria equals the Performance Goals for that Performance Criterion or those Performance Criteria established by the Committee.

	(p)
	"Year"
means the Company's fiscal year. 

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3.  Administration  

	(a)
	The
Plan shall be administered by the Committee, which will consist of two or more persons (1) who satisfy the requirement of a "nonemployee director" for purposes of
Rule 16b-3 under the Exchange Act, and (2) who satisfy the requirements of an "outside director" for purposes of Code Section 162(m). The Committee's determinations
under the Plan need not be uniform and may be made by it selectively among persons who receive or are eligible to receive Awards under the Plan, whether or not any Awards are the same or such persons
are similarly situated. Without limiting the generality of the foregoing, the Committee will be entitled, among other things, to make non-uniform and selective determinations and to
establish non-uniform and selective Performance Criterion, Performance Criteria, Performance Goals, the weightings thereof, and Target Awards. Whenever the Plan refers to a determination
being made by the Committee, it shall be deemed to mean a determination by the Committee in its sole discretion. Without limiting the generality of the foregoing, the Committee may establish a Target
Award for any Participant based on any one Performance Criterion or any two or more Performance Criteria.

	(b)
	It
is the intent of the Company that this Plan and Code Section 162(m) Awards hereunder satisfy, and be interpreted in a manner that satisfy, in the case of Participants who
are or may be Covered Employees, the applicable requirements of Code Section 162(m), including the administration requirement of Code Section 162(m)(4)(C), so that the Company's tax
deduction for remuneration in respect of Code Section 162(m) Awards for services performed by such Covered Employees is not
disallowed in whole or in part by the operation of such Code section. If any provision of this Plan would otherwise frustrate or conflict with the intent expressed in this Section, that provision, to
the extent possible, shall be interpreted and deemed amended so as to avoid such conflict. To the extent of any remaining irreconcilable conflict with such intent, such provision shall be deemed void
as applicable to Covered Employees with respect to whom such conflict exists. Nothing herein shall be interpreted so as to preclude a Participant who is or may be a Covered Employee from receiving an
Award that is not a Code Section 162(m) Award.

	(c)
	The
Committee shall have the discretion, subject to the limitations described herein, including in Section 4 below relating to Code 162(m) Awards, to, among other actions,
(1) determine the Plan Participants; (2) determine who will be treated as a Covered Employee and designate whether an Award will be a Code Section 162(m) Award;
(3) determine the measurement period; (4) determine Performance Criterion, Performance Criteria, Performance Goals and Target Awards for each Year or other measurement period;
(5) determine how Performance Criteria or Performance Criteria will be calculated and/or adjusted; (6) establish an Award Schedule; (7) establish performance thresholds for the
payment of any Awards; (8) determine whether and to what extent the Performance Goals have been met or exceeded; (9) pay discretionary Awards, including awards from an exceptional
performance fund, as may be appropriate in order to assure the proper motivation and retention of personnel and attainment of business goals; (10) make adjustments to Performance Goals and
thresholds; and (11) determine the total amount of funds available for payment of Awards with respect to each Year or other measurement period.

	(d)
	Subject
to the provisions of the Plan, the Committee shall be authorized to interpret the Plan, make, amend and rescind such rules as it deems necessary for the proper
administration of the Plan, make all other determinations necessary or advisable for the administration of the Plan and correct any defect or supply any omission or reconcile any inconsistency in the
Plan in the manner and to the extent the Committee deems desirable to carry the Plan into effect. Any action taken or determination made by the Committee shall be conclusive and binding on 

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all
parties. In the event of any conflict between an Award Schedule and the Plan, the terms of the Plan shall govern. 

4.  Code Section 162(m) Awards  

    A Participant who is or may be a Covered Employee may receive a Code Section 162(m) Award and/or an Award that is not a Code Section 162(m)
Award. Notwithstanding anything elsewhere in the Plan to the contrary, as and to the extent required by Code Section 162(m), the grant of a Code Section 162(m) Award to a Participant
must state, in terms of an objective formula or standard, the method of computing the amount of compensation payable to each Covered Employee and must preclude discretion to increase the amount of
compensation payable that would otherwise be due upon attainment of such goals. All determinations made by the Committee pursuant to Section 3 above
related to a Code Section 162(m) Award will be made in a timely manner, as required by Code Section 162(m). An Award Schedule for a Covered Employee shall set forth for each Code
Section 162(m) Award, the terms and conditions applicable to the Award, as determined by the Committee, not inconsistent with the terms of the Plan, and shall specify that such Award is a Code
Section 162(m) Award. Before any Code Section 162(m) Award is paid, the Committee shall certify that the Performance Goals and any other material terms of such Award has been satisfied.
Notwithstanding the foregoing, the Performance Criteria with respect to Code Section 162(m) Awards shall be limited to the Performance Criteria set forth in Section 2(l)(1). 

5.  Awards  

    The Committee may establish a Performance Criterion and/or two or more Performance Criteria and Performance Goals for each Year or other measurement period. If
the Committee establishes two or more Performance Criteria, the Committee may in its discretion determine the weight to be given to each Performance Criteria in determining Awards. The Committee shall
establish an Award Schedule for each Participant for each Year, which Award Schedule shall set forth the Target Award for such Participant payable at specified levels of performance, based on the
Performance Goal for each Performance Criterion and the weighting, if any, established for such criterion. The Committee may vary the Performance Criteria, Performance Goals and weightings, if any,
from Participant to Participant, Award to Award, Year to Year and measurement period to measurement period. 

6.  Eligible Persons  

    Any Employee who is a key Employee in the judgment of the Committee shall be eligible to participate in the Plan. Board members who are not Employees are not
eligible to participate in the Plan. No Employee shall have a right to be selected to participate in the Plan, or, having once been selected, to be selected again, or, to continue as an Employee. 

7.  Amount Available for Awards  

    The Committee shall determine the amount available for payment of Awards in any Year or any other measurement period. Notwithstanding anything else in this
Plan to the contrary, the aggregate maximum amount that may be paid to a Participant during any Year with respect to all Awards under the Plan shall be $10,000,000. 

8.  Determination of Awards  

	(a)
	The
Committee shall select the Participants and determine which Participants, if any, are to be treated as Covered Employees and which Awards, if any, are to be Code
Section 162(m) Awards. Except in the case of Code Section 162(m) Awards, the Committee shall determine the actual Award to each Participant for each Year or other measurement period,
taking into 

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consideration,
as it deems appropriate, the performance of the Company and/or a Business Unit, as the case may be, for the Year or other measurement period in relation to the Performance Goals
theretofore established by the Committee, and the performance of the respective Participants during the Year or other measurement period. The fact that an Employee is selected as a Participant for any
Year or other measurement period shall not mean that such Employee necessarily will receive an Award for that Year or other measurement period. Notwithstanding any other provisions of the Plan to the
contrary, the Committee may make discretionary Awards as it sees fit under the Plan, except in the case of Code Section 162(m) Awards, which may be adjusted only downward. 

	(b)
	Code
Section 162(m) Awards shall be determined according to a Covered Employee's Award Schedule based on the level of performance achieved and such Covered Employee's Target
Award. All such determinations regarding the achievement of Performance Goals and the determination of actual Code Section 162(m) Awards will be made by the Committee; provided, however, that
the Committee may decrease, but not increase, the amount of the Code Section 162(m) Award that otherwise would be payable. 

9.  Distribution of Awards  

	(a)
	Unless
otherwise determined by the Committee, Awards under the Plan for a particular Year or other measurement period shall be paid as soon as practicable after the end of that
Year, unless the time of payment is otherwise specified in an Award Schedule.

	(b)
	To
the extent that the Company's tax deduction for remuneration in respect of the payment of an Award to a Covered Employee would be disallowed under Code Section 162(m) by
reason of the fact that such Covered Employee's applicable employee remuneration, as defined in Code Section 162(m)(4), either exceeds or, if such Award were paid, would exceed the $1,000,000
limitation in Code Section 162(m)(1), the Committee may, in its sole discretion, defer the payment of such Award; provided that the Committee may at any time accelerate the payment of
previously deferred Awards. Deferred awards will be deemed credited at a rate determined by the Committee from time to time. 

10. Termination of Employment  

    A Participant must be actively employed by the Company on the date the amount payable with respect to his/her Award is determined by the Committee (the
"Determination Date") in order to be entitled to payment of any Award for that Year or other measurement period. In the event active employment of a Participant shall be terminated before the
Determination Date for any reason other than discharge for cause or voluntary resignation, such Participant may receive such portion of his/her Award for the Year or other measurement period as may be
determined by the Committee. A Participant discharged for cause shall not be entitled to receive any Award for the Year or other measurement period. A Participant who voluntarily resigns prior to the
Determination Date shall not be entitled to receive payment of any Award for the Year or for any past measurement period, including any amount with respect to the portion of any Award remaining to be
paid over more than one Year or other measurement period, unless otherwise determined by the Committee. 

11. Miscellaneous  

	(a)
	Nonassignability. No Award will be assignable or transferable without the written consent of the Committee in its sole
discretion, except by will or by the laws of descent and distribution.

	(b)
	Withholding Taxes. Whenever payments under the Plan are to be made, the Company will withhold therefrom an amount sufficient
to satisfy any applicable governmental withholding tax requirements related thereto. 

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	(c)
	Amendment or Termination of the Plan. The Committee may at any time amend, suspend or discontinue the Plan, in whole or in
part. The Committee may at any time alter or amend any or all Award Schedules under the Plan to the extent permitted by law. No such action may be effective with respect to any Code
Section 162(m) Award to any Covered Employee without approval of the Company's shareholders if such approval is required by Code Section 162(m)(4)(C).

	(d)
	Other Payments or Awards. Nothing contained in the Plan will be deemed in any way to limit or restrict the Company from making
any Award or payment to any person under any other plan, arrangement or understanding, whether now existing or hereafter in effect.

	(e)
	Payments to Other Persons. If payments are legally required to be made to any person other than the person to whom any amount
is available under the Plan, payments will be made accordingly. Any such payment will be a complete discharge of the liability of the Company.

	(f)
	Limits of Liability.
	(1)
	Any
liability of the Company to any Participant with respect to an Award shall be based solely upon the obligations, if any, created by the Plan and the Award Schedule.

	(2)
	Neither
the Company, nor any member of its Board or of the Committee, nor any other person participating in any determination of any question under the Plan, or in the
interpretation, administration or application of the Plan, shall have any liability to any party for any action taken or not taken in good faith under the Plan. 

	(g)
	Rights of Employees.
	(1)
	Status
as an Employee eligible to receive an Award under the Plan shall not be construed as a commitment that any Award will be made under this Plan to such Employee or to other
such Employees generally.

	(2)
	Nothing
contained in this Plan or in any Award Schedule (or in any other documents related to this Plan or to any Award or Award Schedule) shall confer upon any Employee or
Participant any right to continue in the employ or other service of the Company or constitute a contract or limit in any way the right of the Company to change such person's compensation or other
benefits or to terminate the employment or other service of such person with or without cause. 

	(h)
	Section Headings. The section headings contained herein are for the purposes of convenience only, and in the event of any
conflict, the text of the Plan, rather than the section headings, will control.

	(i)
	Invalidity. If any term or provision contained herein will to any extent be invalid or unenforceable, such term or provision
will be reformed so that it is valid, and such invalidity or unenforceability will not affect any other provision or part hereof.

	(j)
	Applicable Law. The Plan, Awards and Award Schedules and all actions taken hereunder or thereunder shall be governed by, and
construed in accordance with, the laws of the state of Nevada without regard to the conflict of law principles thereof.

	(k)
	Effective Date. The Plan will become effective upon adoption by the Board, subject to approval by the affirmative vote of a
majority of the shares represented in person or by proxy and entitled to vote on the matter at the Company's Annual Meeting of Shareholders to be held on October 10, 2001 (or such other date as
shall be determined by the Board). 

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Exhibit 10(b)

TENET HEALTHCARE CORPORATION 2001 ANNUAL INCENTIVE PLANPrepared by MERRILL CORPORATION

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Exhibit 10(c)    
  

 
 
  TENET HEALTHCARE  CORPORATION
  
  
  AMENDED AND RESTATED
  
  
  SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
  
  
  As of October 9, 2001    
  

  

  

  

Originally Dated November 1, 1984

Amended May 21, 1986

Amended April 25, 1994

Amended July 25, 1994

Amended January 28, 1997

Restated as of May 31, 1998

Amended and Restated as of October 9, 2001  

 
 
 

TENET HEALTHCARE CORPORATION
  AMENDED AND RESTATED
  SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
  TABLE OF CONTENTS    
  

	 
	 
	Page

	Section 1 — Statement of Purpose	1
	
Section 2 — Definitions	

1
	2.1	Acquisition	1
	2.2	Actual Final Average Earnings	1
	2.3	Agreement	1
	2.4	Committee	1
	2.5	Change of Control	1
	2.6	Date of Employment	1
	2.7	Date of Enrollment	1
	2.8	Disability	1
	2.9	Early Retirement	2
	2.10	Earnings	2
	2.11	Eligible Children	2
	2.12	Employee	2
	2.13	Employment or Service	2
	2.14	Existing Retirement Benefit Plans Adjustment Factor	2
	2.15	Final Average Earnings	2
	2.16	Normal Retirement	3
	2.17	Participant	3
	2.18	Prior Service Credit Percentage	3
	2.19	Projected Earnings	3
	2.20	Projected Final Average Earnings	3
	2.21	Subsidiary	3
	2.22	Surviving	3
	2.23	Termination of Employment	3
	2.24	Year	3
	2.25	Year of Service	3
	
Section 3 — Retirement Benefits	

4
	3.1	Normal Retirement	4
	3.2	Early Retirement Benefit	4
	3.3	Vesting of Retirement Benefit	5
	3.4	Termination Benefit	5
	3.5	Duration of Benefit Payment	6
	3.6	Recipients of Benefit Payments	6
	3.7	Disability	6
	3.8	Change of Control	7
	3.9	Golden Parachute Cap	8
	
Section 4 — Payment	

8
	4.1	Commencement of Payments	8
	4.2	Withholding; Unemployment Taxes	8
	4.3	Recipients of Payments	8
	4.4	No Other Benefits	8
	4.5	Lump Sum Distributions	8
	
Section 5 — Conditions Related to Benefits	

10
	5.1	Administration of Plan	10

	5.2	No Right to Assets	10
	5.3	No Employment Rights	10
	5.4	Right to Terminate or Amend	10
	5.5	Eligibility	11
	5.6	Offset	11
	5.7	Conditions Precedent	11
	
Section 6 — Miscellaneous	

11
	6.1	Non-assignability	11
	6.2	Gender and Number	11
	6.3	Notice	11
	6.4	Validity	12
	6.5	Applicable Law	12
	6.6	Successors in Interest	12
	6.7	No Representation on Tax Matters	12

  

 
 

TENET HEALTHCARE CORPORATION
  AMENDED AND RESTATED
  SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN    
  

 
  Section 1—Statement of Purpose    
  

    The Supplemental Executive Retirement Plan (the "Plan") has been adopted by Tenet Healthcare Corporation ("Tenet") to attract, retain, motivate and provide
financial security to highly compensated or management employees (the "Participants") who render valuable services to Tenet and its Subsidiaries. 

 
 

Section 2—Definitions    
  

    2.1  Acquisition.  "Acquisition" refers to a company of which substantially all of its assets or a
majority of its capital stock are acquired by, or which is merged with or into, Tenet or a Subsidiary. 

    2.2  Actual Final Average Earnings.  "Actual Final Average Earnings" means the highest average monthly
Earnings for any 60 consecutive months during the ten years, or actual employment period if less, preceding Termination of Employment. 

    2.3  Agreement.  "Agreement" means a written agreement substantially in the form of Exhibit A
between Tenet and a Participant. 

    2.4  Committee.  "Committee" means the Compensation and Stock Option Committee of the Board of Directors
of Tenet. 

    2.5  Change of Control.  "Change of Control" of Tenet shall be deemed to have occurred if either
(a) any person as such term is used in Sections 13(c) and 14(d)(2) of the 

    Securities
Exchange Act of 1934, as amended, is or becomes the beneficial owner directly or indirectly of securities of Tenet representing 20% or more of the combined voting power of
Tenet's then outstanding securities or (b) individuals who, as of April 1, 1994, constitute the Board of Directors of Tenet (the "Incumbent Board") cease for any reason to constitute at
least a majority of the Board of Directors; provided, however, that (i) any individual who becomes a director of Tenet subsequent to April 1, 1994, whose election, or nomination for
election by the Tenet's stockholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be deemed to have been a member of the Incumbent Board
and (ii) no individual who was elected initially (after April 1, 1994) as a director as a result of an actual or threatened election contest, as such terms are used in
Rule 14a-11 of Regulation 14A promulgated under the Securities Exchange Act of 1934, as amended, or any other actual or threatened solicitations of proxies or consents by or
on behalf of any person other than the Incumbent Board shall be deemed to have been a member of the Incumbent Board. 

    2.6  Date of Employment.  "Date of Employment" means the date on which a person began to perform Services
directly for Tenet or a Subsidiary as a result of an Acquisition or becoming an Employee. 

    2.7  Date of Enrollment.  "Date of Enrollment" means the date on or after June 1, 1984 on which an
Employee first becomes a Participant in the Plan, provided that any Employee who becomes a Participant prior to June 1, 1985 shall be deemed to have a Date of Enrollment of the later of Date of
Employment or June 1, 1984. 

    2.8  Disability.  "Disability" means any Termination of Employment during the life of a Participant and
prior to Normal Retirement or Early Retirement by reason of a Participant's total and permanent disability, as determined by the Committee, in its sole and absolute discretion. A Participant, who
makes application for and qualifies for disability benefits under Tenet's Group 

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Long-Term Disability Plan or under any similar plan provided by Tenet or a Subsidiary, as now in effect or as hereinafter amended (the "LTD Plans"), shall usually qualify for Disability
under this Plan, unless the Committee determines that the Participant is not totally and permanently disabled. A Participant who fails to qualify for disability benefits under the LTD Plans
(whether or not the Participant makes application for disability benefits thereunder) shall not be deemed to be totally and permanently disabled under this Plan, unless the Committee otherwise
determines, based upon the opinion of a qualified physician or medical clinic selected by the Committee to the effect that a condition of total and permanent disability exists. 

    2.9  Early Retirement.  "Early Retirement" means any Termination of Employment during the life of a
Participant prior to Normal Retirement and after the Participant attains age 55 and has completed ten Years of Service or attains age 62 with no minimum Years of Service. 

    2.10  Earnings.  "Earnings" means the base salary paid to a Participant by Tenet or a Subsidiary,
excluding bonuses, car and other allowances and other cash and non-cash compensation. However, for all Participants actively at work on or after February 1, 1997 as
full-time, regular employees, "Earnings" means the base salary, any annual cash award paid under Tenet's annual incentive plan and any discretionary awards made under Tenet's deferred
compensation plan(s) by Tenet or a Subsidiary to such Participant, but shall exclude car and other allowances and other cash and non-cash compensation. 

    2.11  Eligible Children.  "Eligible Children" means all natural or adopted children of a Participant
under the age of 21, including any child conceived prior to the death of a Participant. 

    2.12  Employee.  "Employee" means any person who regularly performs Services on a full-time
basis (that is, works a minimum of 32 hours a week) for Tenet or a Subsidiary and receives a salary plus employee benefits normally made available to persons of similar status. 

    2.13  Employment or Service.  "Employment" or "Service" means any continuous period during which an
Employee is actively engaged in performing services for Tenet and its Subsidiaries plus the term of any leave of absence approved by the Committee. 

    2.14  Existing Retirement Benefit Plans Adjustment Factor.  "Existing Retirement Benefit Plans Adjustment
Factor or Factors" means the assumed benefit the Participant would be eligible for under Social Security and all retirement plans of Tenet and its Subsidiaries whether or not he participates in such
plans. This Factor will be used for calculating all benefits under the Plan and is a projection of the benefits payable under the Social Security regulations in effect June 1, 1984, and
retirement plans of Tenet in effect on June 1, 1984, or the participant's Date of Enrollment in the Plan, if later. Once established for a Participant this Factor will not thereafter be altered
to reflect any reduction in benefits under Social Security. This Factor will be adjusted to reflect changes in benefits under Tenet retirement plans if a Participant is transferred to different
retirement plans or the Company contribution to a retirement plan is increased or decreased from the percentage used for original calculation of the Participant's Factor or the Participant becomes
eligible for other retirement plans adopted by the Company which would provide benefits greater or less than the Plan considered in calculating the Participant's original Factor, except that such
Factor for Participant's who are regular, full-time employees actively at work with the Company on April 1, 1994, with the corporate office or a division or Subsidiary that is not
announced as a discontinued operation shall be revised based upon the Participant's actual base salary as of April 1, 1994, but no Factor will be increased as a result of revision of the Factor
to use the base salary as of April 1, 1994; provided, however, for a Participant who is a full-time, regular employee actively at work on or after February 1, 1997, the
Existing Retirement Benefit Plans Adjustment Factor shall be applied only to the base salary component of Final Average Earnings. 

    2.15  Final Average Earnings.  "Final Average Earnings" means the lesser of (i) Actual Final
Average Earnings, or (ii) if the Participant has completed at least sixty (60) months of service, 

– 2 –

 

Projected Final Average Earnings; however, for a Participant who is actively at work as a full-time, regular employee on or after February 1, 1997 "Final Average Earnings" means
Actual Final Average Earnings. 

    2.16  Normal Retirement.  "Normal Retirement" means any Termination of Employment during the life of a
Participant on or after the date on which the Participant attains age 65. 

    2.17  Participant.  "Participant" means any Employee selected to participate in this Plan by the
Committee, in its sole and absolute discretion. 

    2.18  Prior Service Credit Percentage.  "Prior Service Credit Percentage" means the percentage to be
applied to a Participant's Years of Service with Tenet and its Subsidiaries prior to his or her Date of Enrollment in the Plan, in accordance with the following formula: 

	Years of Service

After Date of Enrollment
	 	Prior Service Credit

Percentage

	 	 	 
	During 1st year	 	25
	During 2nd year	 	35
	During 3rd year	 	45
	During 4th year	 	55
	During 5th year	 	75
	After 5th year	 	100

    2.19  Projected Earnings.  "Projected Earnings" means the (a) actual Earnings of the Participant
on the Date of Enrollment plus an assumed increase of eight percent per annum, or (b) for Participants who are regular full-time employees actively at work on April 1, 1994,
with the corporate office or a division or a subsidiary that has not been declared to be a discontinued operation, the actual Earnings of the Participant on April 1, 1994, plus an assumed
increase of eight percent per annum. 

    2.20  Projected Final Average Earnings.  "Projected Final Average Earnings" means the average of a
Participant's Projected Earnings during the 60 months preceding Termination of Employment. 

    2.21  Subsidiary.  A "Subsidiary" of the Company is any corporation, partnership, venture or other entity
in which the Company owns 50% of the capital stock or otherwise has a controlling interest as determined by the Committee, in its sole and absolute discretion. 

    2.22  Surviving Spouse.  "Surviving Spouse" means the person legally married to a Participant for at
least one year prior to the Participant's death or Termination of Employment. 

    2.23  Termination of Employment.  "Termination of Employment" means the ceasing of 

    the
Participant's Employment for any reason whatsoever, whether voluntarily or involuntarily. 

    2.24  Year.  A "Year" is a period of twelve consecutive calendar months. 

    2.25  Year of Service.  "Year of Service" means each complete year (up to a maximum of 20) of
continuous Service (up to age 65) as an Employee of Tenet and its Subsidiaries beginning with the Date of Employment with Tenet and its Subsidiaries. Years of Service shall be deemed to have
begun as of the first day of the calendar month of Employment and to have ceased on the last day of the calendar month of Employment. 

– 3 –

  

 
 

Section 3—Retirement Benefits    
  

    3.1  Normal Retirement Benefit.  

	a.
	Upon
a Participant's Normal Retirement, the Company agrees to pay to the Participant a monthly Normal Retirement Benefit for the Participant's lifetime which is determined in
accordance with the Benefit Formula set forth below, adjusted by the Vesting Percentage in Section 3.3. Except as provided below, the amount of such monthly Normal Retirement Benefit will be
determined by using the following formula: 

	X	=	A × [B1 + [B2 X C]] × [2.7% - D] × E
	 	 	 
	X	=	Normal Retirement Benefit
	A	=	Final Average Earnings
	B1	=	Years of Service After Date of Enrollment
	B2	=	Years of Service Prior to Date of Enrollment
	C	=	Prior Service Credit Percentage
	D	=	Existing Retirement Benefit Plans Adjustment Factor
	E	=	Vesting Percentage

Note:
B1 and B2 Years of Service combined cannot exceed 20 years. 

	b.
	In
the event of the death or Disability of a Participant at any age or the Normal or Early Retirement of a Participant after age 60, the Normal or Early Retirement Benefit will be
determined on the basis of a Prior Service Credit Percentage of 100.

	c.
	If
a Participant who is receiving a Normal Retirement Benefit dies, his or her Surviving Spouse or Eligible Children shall be entitled to receive (in accordance with Sections 3.5
and 3.6) 50% of the Participant's Normal Retirement Benefit.

	d.
	If
a Participant who is eligible for Normal Retirement dies while an Employee of the Company after attaining age 65, his or her Surviving Spouse or Eligible Children shall be
entitled to receive (in accordance with Sections 3.5 and 3.6) the installments of the Normal Retirement Benefit which would have been payable to the Surviving Spouse or Eligible Children in accordance
with this Section 3.1 as if the Participant had retired on the day before he or she died. 

    3.2  Early Retirement Benefit.  

	a.
	Upon
a Participant's Early Retirement, Tenet shall pay the Participant a monthly Early Retirement Benefit for the Participant's lifetime commencing on the first day of the calendar
month following the date he or she attains age 65, calculated in accordance with Section 3.1 and Section 3.3 with the following adjustments:

	(i)
	Only
the Participant's actual Years of Service, adjusted appropriately for the Prior Service Credit Percentage, as of the date of Early Retirement
shall be used.

	(ii)
	For
purposes of determining the Actual Final Average Earnings and Projected Final Average Earnings, only the Participant's Earnings and Projected
Earnings as of the date of Early Retirement shall be used.

	(iii)
	To
arrive at the payments to commence at age 65 for a Participant whose termination occurs prior to February 1, 1997 the amount calculated
under paragraphs a(i) and a(ii) of this Section 3.2 will be reduced by 0.42% for each month Early Retirement commences before age 62. To arrive at the payments to commence at age
65 for a Participant who is actively at work as a full-time, regular employee on or after February 1, 1997, the amount calculated under paragraphs a(i) and a(ii) of
this Section 3.2 will be reduced by 0.25% for each month Early Retirement commences before age 62. 

– 4 –

 

	b.
	Upon
the written request of a Participant prior to termination of employment, the Committee, in its sole and absolute discretion, may authorize payment of the Early Retirement
Benefit at a date prior to the Participant's attainment of age 65; provided, however, that in such event the amount calculated under paragraphs a(i) and a(iii) of this Section 3.2
shall be further reduced by 0.42% for each month that the date of the commencement of payment precedes the date on which the Participant will attain age 62; however, for a Participant who is actively
at work as a full-time, regular employee on or after February 1, 1997, the amount of further reduction under paragraphs a(i) and a(iii) of this Section 3.2
shall be 0.25% for each month that the date of commencement of payment precedes the date on which the Participant will attain age 62.

	c.
	If
a Participant dies after commencement of payment of his or her Early Retirement Benefit, the Surviving Spouse or Eligible Children shall be entitled to receive (in accordance
with Sections 3.5 and 3.6) 50% of the Participant's Early Retirement Benefit.

	d.
	If
a Participant dies after his or her Early Retirement but before benefits have commenced, or while on Disability, the Surviving Spouse or Eligible Children shall be entitled to
receive (in accordance with Sections 3.5 and 3.6) 50% of the benefit that would have been payable on the date the Participant elected to have benefits commence.

	e.
	If
a Participant dies after becoming eligible for Early Retirement but before taking Early Retirement or while on Disability, the Surviving Spouse or Eligible Children shall be
entitled to receive (in accordance with Sections 3.5 and 3.6) 50% of the Participant's Early Retirement Benefit determined as if the Participant had retired on the day prior to his or her death with
payments commencing on the first of the month following the Participant's death. The benefits payable to a Surviving Spouse or Eligible Children under this paragraph shall be no less than the benefits
payable to a Surviving Spouse or Eligible Children under Section 3.4 as if the Participant had died immediately prior to age 55. 

    3.3  Vesting of Retirement Benefit.  A Participant's interest in his or her Retirement Benefit shall,
subject to Sections 5.5 and 5.7, vest in accordance with the following schedule: 

	Years of Service
	 	Vesting

	 	 	 
	Less than 5	 	-0-
	

5 but less than 6	
 	

25%
	

6 through 20	
 	

5% per year

Notwithstanding
the foregoing, a Participant who is at least 60 years old and who has completed at least five years of Service will be fully vested, subject to Sections 5.5 and 5.7, in his or
her Retirement Benefits. No Years of Service will be credited for Service after age 65 or for more than 20 years. 

    3.4  Termination Benefit.  Upon any Termination of Employment of the Participant before Normal Retirement
or Early Retirement for reasons other than death or Disability, Tenet shall pay, commencing at age 65, to the Participant a Retirement Benefit calculated under Section 3.1 and 3.3 but with the
following adjustments: 

	a.
	Only
the Participant's actual Years of Service, adjusted appropriately for the Prior Service Credit Percentage, as of the date of Termination of Employment shall be used.

	b.
	For
purposes of determining the Actual Final Average Earnings and the Projected Final Average Earnings, as used in Section 3.1, only the Participant's Earnings and Projected
Earnings prior to the date of his or her Termination of Employment shall be used. 

– 5 –

  

	c.
	
	(i)
	If
 a Participant dies after commencement of payment of his or her Retirement Benefit under this Section 3.4, the Surviving Spouse or Eligible Children shall be entitled at
Participant's death to receive (in accordance with Sections 3.5 and 3.6) 50% of the Participant's Retirement Benefit.

	(ii)
	If
a Participant, who has a vested interest under Section 3.3, dies after Termination of Employment but at death is not receiving any
Retirement Benefits under this Plan, the Surviving Spouse or Eligible Children shall be entitled to receive (in accordance with Sections 3.5 and 3.6) commencing on the date when the Participant would
have attained age 65, 50% of the Retirement Benefit which would have been payable to the Participant at age 65.

	(iii)
	If
a Participant, who has a vested interest under Section 3.3, dies while still actively employed by Tenet or a Subsidiary or on Disability
before he or she was eligible for Early Retirement, his or her Surviving Spouse or Eligible Children shall be entitled at the Participant's death to receive 50% of the Retirement Benefit (in
accordance with Sections 3.5 and 3.6) calculated as if the Participant was age 55 and eligible for Early Retirement on the day before the Participant's death; provided, however, that the combined
reductions for Early Retirement and early payment shall not exceed 21% of the amount calculated under paragraphs a(i) and a(ii) of Section 3.2. 

	d.
	To
arrive at the payments to commence at age 65, the amount calculated under paragraphs (a), (b), (c)(i) and (c)(ii) of this Section 3.4 will be reduced by the
maximum percentage reduction for Early Retirement at age 55 (i.e., 21%). 

    3.5  Duration of Benefit Payment.  Normal and Early Retirement Benefit payments shall be for the life of
the Participant. Surviving Spouse Benefit payments shall be for the Spouse's lifetime. All benefits payable to the Surviving Spouse are subject to actuarial reduction if spouse is more than three
years younger than the Participant. Eligible Children Benefit payments shall be made until the youngest of the Eligible Children reaches 21. 

    3.6  Recipients of Benefit Payments.  If a Participant dies without a Surviving Spouse but is survived by
any Eligible Children, then benefits will be paid to the Eligible Children or their legal guardian, if applicable. The total monthly benefit payable will be equal to the monthly benefit that a
Surviving Spouse would have received without actuarial reduction. This benefit will be paid in equal shares to all Eligible Children until the youngest of the Eligible Children attains age 21. 

    If
the Surviving Spouse dies after the death of the Participant but is survived by Eligible Children then the total monthly benefit previously paid to the Surviving Spouse will be
paid in equal shares to all Eligible Children until the youngest of the Eligible Children attains age 21. When any of the Eligible Children reaches 21, his or her share will be reallocated equally to
the remaining Eligible Children. 

    3.7  Disability. Any Participant, who is under Disability upon reaching age 65 will be paid the Normal Retirement Benefit in accordance with
Sections 3.1 and 3.3.  

    Upon a Participant's Disability while an Employee of the Company, the Participant will continue to accrue Years of Service during his or her Disability until
the earliest of his or her: 

	a.
	Recovery
from Disability,

	b.
	His
or her 65th Birthday, or

	c.
	Death,

If
a Participant is receiving Disability payments, he or she shall not be entitled to receive an Early Retirement Benefit. 

– 6 –

 

    For purposes of calculating the foregoing benefits, the Participant's Actual Final Average Earnings and Projected Final Average Earnings shall be determined using his or her Earnings
and Projected Earnings up to the date of Disability. 

    3.8  Change of Control.  

	a.
	In
the event of a Change of Control of Tenet while this Plan remains in effect, (i) a Participant's Retirement Benefits hereunder (a) will be determined on the basis
of receiving full Prior Service Credit under Sections 3.1 and 3.2 for all Years of Service prior to his or her Date of Enrollment and (b) will
be fully vested in the Participant without regard to his or her Years of Service with Tenet and its Subsidiaries and (ii), notwithstanding any other provisions of the Plan, a Participant will be
entitled to receive the Normal Retirement Benefit on or after age 60 with no reduction by virtue of paragraphs a(iii) and b of Section 3.2.

	b.
	For
a Participant who is a regular, full-time employee actively at work on April 1, 1994, with the corporate office or a division or a Subsidiary which has not
been declared to be a discontinued operation, who has not yet begun to receive benefit payments under the Plan and whose employment is Terminated without cause or who voluntarily Terminates Employment
following (a) a material downward change in the functions, duties, or responsibilities which reduce the rank or position of the Participant, (b) (i) a reduction in the Participant's
annual base salary, or (ii) a material reduction in the Participant's annual incentive plan bonus payment other than for financial performance as it broadly applies to all similarly situated
active Participants in the same plan, or (iii) a material reduction in the Participant's retirement or supplemental retirement benefits that does not broadly apply to all active Participant's
in the same plan, or (c) a transfer of a Participant's office to a location that is more than fifty (50) miles from the Participant's current principal office location, if such
Termination of Employment occurs within two years following a Change of Control of Tenet while this Plan remains in effect, the provisions of Section 3.8(a) above shall not apply and
(i) a Participant's Early or Normal Retirement Benefits under this Plan (a) will be determined on the basis of (I) receiving full Prior Service Credit under Sections 3.1 and 3.2
for all Years of Service prior to his or her Date of Enrollment and (II) being credited with three additional years to his or her Years of Service (with total Years of Service not to exceed
20 years) and (b) will be fully vested in the Participant without regard to his or her Years of Service with Tenet and its Subsidiaries, (ii) will be determined by replacing the
definition of "Earnings" under Section 2.10 hereof with the following "the base salary and the annual cash bonus paid to a Participant by Tenet or a Subsidiary, excluding (A) any cash
bonus paid under the LTIP, (B) any car and other allowances and (C) other cash and non-cash compensation", and (iii) notwithstanding any other provision of this Plan
to the contrary, a Participant will be entitled to receive the Normal Retirement Benefit on or after the age of 60, without reduction, and after the age of 55 with a reduction of 0.25% per month for
each month for which the benefit commences to be paid prior to the Participant's attaining the age of 60 and after the age of 50 with the foregoing reduction from age 60 to age 55 and with a reduction
to 0.56% per month for each month for which the benefit commences to be paid prior to the Participant's attaining the age of 55. No other reductions set forth in Sections 3.2(a)(iii) and 3.2(b)
will apply.

	c.
	For
a Participant who (a) is an active, full-time employee, (b) has not yet begun to receive benefit payments under the Plan and (c) is
involuntarily terminated from employment without cause or voluntarily terminates employment pursuant to Section 3.8(b) above, within two years following a Change of Control of Tenet while this
Plan remains in effect, the provisions of Section 5.7(ii) below shall not apply. 

– 7 –

 

    3.9  Golden Parachute Cap.  Notwithstanding any provision in this Plan to the contrary, in no event shall
the total present value of all payments under this Plan that are payable to a Participant and are contingent upon a Change of Control in accordance with the rules set forth in Section 280G of
the
Internal Revenue Service Code of 1986, as amended (the "Code") and the Treasury Regulations thereunder, when added to the present value of all other payments, other than payments that are made
pursuant to this Plan, that are payable to a Participant and are contingent upon a Change of Control, exceed an amount equal to two hundred and ninety-nine percent (299%) of the
Participant's "base amount" as that term is defined in Section 280G of the Code. For purposes of making a calculation under this Section 3.9, the determination of the portion of a
payment that shall be treated as contingent upon a Change of Control shall be made in accordance with Proposed Treasury Regulations Section 1.280G-1Q/A-24. 

 
 

Section 4—Payment    
  

    4.1  Commencement of Payments.  Payments under this Plan shall begin not later than the first day of the
calendar month following the occurrence of an event which entitles a Participant (or a Surviving Spouse or Eligible Children) to payments under this Plan. 

    4.2  Withholding; Unemployment Taxes.  To the extent required by the law in effect at the time payments
are made, Tenet shall withhold from payments made hereunder any taxes required to be withheld by the Federal or any state or local government. 

    4.3  Recipients of Payments.  All payments to be made by Tenet under the Plan shall be made to the
Participant during his or her lifetime. All subsequent payments under the Plan shall be made by Tenet to Participant's Surviving Spouse, Eligible Children or their guardian, if applicable. 

    4.4  No Other Benefits.  Tenet shall pay no benefits hereunder to the Participant, his or her Surviving
Spouse, Eligible Children or their legal guardian, if applicable, by reason of Termination of Employment or otherwise, except as specifically provided herein. 

    4.5  Lump Sum Distributions.  At any time following a Termination of Employment which occurs within two
(2) years after a Change of Control or following an Early Retirement or a Normal Retirement, a Participant, or the Surviving Spouse of a Participant, who has a vested interest in the Plan may
elect to receive a lump sum payment, in an amount determined below, sixty (60) days after giving notice to the Committee of the Participant's, or the Participant's Surviving Spouse's, desire to
receive such lump sum benefit. The date of the notice shall be the "Commencement Date." The lump sum payment shall be determined in accordance with the following provisions of this Section 4.5,
and then shall be reduced by a penalty equal to ten percent (10%) of such payment which shall be forfeited to Tenet. However, the penalty shall not apply if the Committee determines, based on the
advice of counsel or a final determination by the Internal Revenue Service or any court of competent jurisdiction, that by reason of the foregoing elective provisions of this Section 4.5 any
Participant, Surviving Spouse or Eligible Children has recognized or will recognize gross income for federal income tax purposes under this Plan
in advance of payment to him or her of Plan benefits. Tenet shall notify all Participants (and Surviving Spouses or Eligible Children of deceased Participants) of any such determination. Wherever any
such determination is made, Tenet shall refund all penalties which were imposed hereunder on account of making lump sum payments at any time during or after the first year to which such determination
applies (i.e., the first year when gross income is recognized for federal income tax purposes). Interest shall be paid on any such refunds based on an interest factor determined under
Section 4.5b hereof. The Committee may also reduce or eliminate the penalty if it determines that this action will not cause any Participant to recognize gross income for federal income tax
purposes under this Plan in advance of payment to him or her of Plan benefits. 

    Notwithstanding
any other provision of this Plan, a penalty shall not apply if a retired Participant or the Surviving Spouse or Eligible Children of a deceased Participant receives a
lump sum distribution 

– 8 –

 

due to a financial hardship. The Committee shall determine whether a financial hardship exists in its sole discretion, but in good faith and on a uniform, nondiscriminatory and reasonable basis. A
hardship distribution shall be a cash payment not to exceed the amount necessary to relieve the hardship. 

	a.
	When
monthly benefit payments have not yet commenced and the Participant is living on the Commencement Date, the lump sum payment (prior to the ten percent (10%) reduction) shall
equal the lump sum value of the Participant's Early Retirement Benefit or Normal Retirement Benefit as of the Commencement Date. The amount described in this Section 4.5a shall include, in
addition, in the case of a Participant who has a spouse or Eligible Children on the Commencement Date, the lump sum value, determined as of such date, of any benefit payable to a Surviving Spouse or
Eligible Children by reason of the Participant's death on or after such date assuming such spouse would qualify as a Surviving Spouse on and after such date. The lump sum amount representing the value
of the benefits described in the preceding two sentences shall be computed (i) first by reducing the amount of the Participant's monthly benefit payable under Section 3.2 hereof, if the
Participant's Commencement Date occurs before the Participant's Normal Retirement date, (ii) then determining the survivor benefit which would be payable to a Surviving Spouse or Eligible
Children in respect of such monthly benefit under Section 3.1c or Section 3.2c whichever is applicable, and (iii) next commuting such benefits to their lump sum equivalent at the
Commencement Date by reference to the factor described in Section 4.5b. In computing the Participant's monthly benefit under clause (i) of the preceding sentence, if the Commencement
Date occurs before the earliest date when the Participant may commence to receive his or her Early Retirement Benefit, the Participant's Early Retirement Benefit shall be computed as the annual
actuarial equivalent of the Early Retirement Benefit which would be payable to him or her at the earliest date when benefits could commence under the Early Retirement provisions of Section 3.2,
in the form of a single life annuity. 

– 9 –

  

When
annual benefits have previously commenced, the lump sum payment (prior to the ten percent (10%) reduction) shall be equal to the difference between (A) minus (B) below, determined
as of the Participant's Commencement Date, accumulated to the date of the lump sum payment using the same interest rate which is used in calculating the amounts (A) and (B): 

	(A)
	The
lump sum value of the monthly benefits payable to the Participant (including any benefit payable to the Surviving Spouse or Eligible Children) determined as of the Participant's
Commencement Date in the same manner as described in the previous paragraph.

	(B)
	The
lump sum value of the monthly benefits previously paid to the Participant discounted to the Participant's Commencement Date. 

When
a Surviving Spouse of a deceased Participant elects to receive a lump sum payment, the amount of the lump sum payment shall be determined by the Committee in a manner similar to that used for a
Participant, except that the lump sum payment shall only reflect the benefit which would be payable to a Surviving Spouse and Eligible Children. All lump sum equivalents hereunder shall be determined
by reference to the factor described in Section 4.5b. 

	b.
	The
factor described in this Section 4.5b is the actuarial equivalence factor of the Pension Benefit Guaranty Corporation applicable to plans terminating on the Commencement
Date. 

 
 

Section 5—Conditions Related to Benefits    
  

    5.1  Administration of Plan.  The Committee has been authorized to administer the Plan and to interpret,
construe and apply its provisions in accordance with its terms. The Committee shall administer the Plan and shall establish, adopt or revise such rules and regulations as it may deem necessary or
advisable for the administration of the Plan. All decisions of the Committee shall be by vote or written consent of the majority of its members and shall be final and binding. Members of the Committee
shall not be eligible to participate in the Plan while serving as a member of the Committee. 

    5.2  No Right to Assets.  Neither a Participant nor any other person shall acquire by reason of the Plan
any right in or title to any assets, funds or property of Tenet and its subsidiaries whatsoever including, without limiting the generality of the foregoing, any specific funds or assets which Tenet,
in its sole discretion, may set aside in anticipation of a liability hereunder. Tenet has established the 1994 Supplemental Executive Retirement Plan Trust, dated May 25, 1994 and amended and
restated on July 25, 1994 (the "Trust"). Without limiting the generality of the foregoing, Section 1(d) of the Trust provides as follows: 

Plan
participants and their beneficiaries shall have no preferred claim on, or any beneficial ownership interest in, any assets of Tenet. Any rights created under the Plan and this Agreement shall be
mere unsecured contractual rights of Plan participants and their beneficiaries against Company. Any assets held by the Trust will be subject to the claims of Company's general creditors under federal
and state law in the event of Insolvency, as defined in Section 3(a) herein. 

A
Participant shall have only an unsecured contractual right to the amounts, if any, payable hereunder. 

    5.3  No Employment Rights.  Nothing herein shall constitute a contract of continuing employment or in any
manner obligate Tenet and its Subsidiaries to continue the service of a Participant, or obligate a Participant to continue in the service of Tenet and its Subsidiaries, and nothing herein shall be
construed as fixing or regulating the compensation paid to a Participant. 

    5.4  Right to Terminate or Amend.  Except during any two year period after any Change of Control of
Tenet, Tenet reserves the sole right to terminate the Plan at any time and to terminate an 

– 10 –

 

Agreement with any Participant at any time. In the event of termination of the Plan or of a Participant's Agreement, a Participant shall be entitled to only the vested portion of his or her accrued
benefits under Section 3 of the Plan as of the time of the termination of the Plan or his or her Agreement. All further vesting and benefit accrual shall cease on the date of Plan or Agreement
termination. Benefit payments would be in the amounts specified and would commence at the time specified in Section 3 as appropriate. Tenet further reserves the right in its sole discretion to
amend the Plan in any respect except that Plan benefits cannot be reduced during any two-year period after any Change of Control of Tenet. No amendment of the Plan (whether there has or
has not been a Change of Control of Tenet) that reduces the value of the benefits theretofore accrued and vested by the Participant shall be effective. 

    5.5  Eligibility.  Eligibility to participate in the Plan is expressly conditional upon an Employee's
furnishing to Tenet certain information and taking physical examinations and such other relevant action as may be reasonably requested by Tenet. Any Employee Participant who refuses to provide such
information or to take such action shall not be enrolled as or cease to be a Participant under the Plan. Any Participant
who commits suicide during the two-year period beginning on the date of his or her Agreement, or who makes any material misstatement of information or non-disclosure of medical
history, will not receive any benefits hereunder unless, in the sole discretion of the Committee, benefits in a reduced amount are awarded. 

    5.6  Offset.  If at the time payments or installments of payments are to be made hereunder, any
Participant or his or her Surviving Spouse or both are indebted to Tenet and its Subsidiaries, then the payments remaining to be made to the Participant or his or her Surviving Spouse or both may, at
the discretion of the Committee, be reduced by the amount of such indebtedness; provided, however, than an election by the Committee not to reduce any such payment or payments shall not constitute a
waiver of any claim for such indebtedness. 

    5.7  Conditions Precedent.  No Retirement Benefits will be payable hereunder to any Participant
(i) whose Employment with Tenet or a Subsidiary is terminated because of his or her willful misconduct or gross negligence in the performance of his or her duties or (ii) who within
3 years after Termination of Employment becomes an employee with or consultant to any third party engaged in any line of business in competition with Tenet and its Subsidiaries (a) in a
line of business in which Participant has performed Services for Tenet and its Subsidiaries or (b) that accounts for more than ten percent (10%) of the gross revenues of Tenet and its
Subsidiaries taken as a whole. 

 
 

Section 6—Miscellaneous.    
  

    6.1  Non-assignability.  Neither a Participant nor any other person shall have any right to
commute, sell, assign, transfer, pledge, anticipate, mortgage or otherwise encumber, transfer, hypothecate or convey in advance any provision hereunder, or any part thereof, which are, and all rights
to which are, expressly declared to be unassignable and non-transferable. No part of the amounts payable shall, prior to actual payment, be subject to seizure or sequestration for the
payment of any debts, judgments, alimony or separate maintenance owed by a Participant or any other person, nor be transferable by operation of law in the event of a Participant's or any person's
bankruptcy or insolvency. Tenet may assign this Plan to any Subsidiary which employs any Participant. 

    6.2  Gender and Number.  Wherever appropriate herein, the masculine may mean the feminine and the
singular may mean the plural or vice versa. 

    6.3  Notice.  Any notice required or permitted to be given to the Committee under the Plan shall be
sufficient if in writing and hand delivered, or sent by registered or certified mail, to the principal office of Tenet, directed to the attention of the Secretary of the Committee. Such notice shall
be deemed given as of the date of delivery or, if delivery is made by mail, as of the date shown on the postmark or on the receipt for registration or certification. 

– 11 –

 

    6.4  Validity.  In the event any provision of this Plan is held invalid, void or unenforceable, the same
shall not affect, in any respect whatsoever, the validity of any other provision of this Plan. 

    6.5  Applicable Law.  This Plan shall be governed and construed in accordance with the laws of the State
of California. 

    6.6  Successors in Interest.  This Plan shall inure to the benefit of, be binding upon, and be
enforceable by, any corporate successor to Tenet or successor to substantially all of the assets of Tenet. 

    6.7  No Representation on Tax Matters.  Tenet makes no representation to Participants regarding current
or future income tax ramifications of the Plan. 

– 12 –

QuickLinks

Exhibit 10(c)

TENET HEALTHCARE CORPORATION AMENDED AND RESTATED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

TABLE OF CONTENTS

TENET HEALTHCARE CORPORATION AMENDED AND RESTATED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

Section 1—Statement of Purpose

Section 2—Definitions

Section 3—Retirement Benefits

Section 4—Payment

Section 5—Conditions Related to Benefits

Section 6—Miscellaneous.

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