Common use of Severance Compensation in the Event of a Termination Upon a Change in Control Clause in Contracts

Severance Compensation in the Event of a Termination Upon a Change in Control. (1) Upon a Change in Control, (i) all unvested Performance Shares held by the Employee shall become immediately vested in full, (ii) all Performance Units issued to the Employee pursuant to Section 3.7 hereof shall become immediately vested in full with the value of each Unit deemed to be $50, (iii) any unvested options to purchase shares of The Meditrust Companies held by the Employee shall become immediately vested and exercisable in accordance with the Plan in full. In the event the Employee's employment is terminated in a Termination Upon a Change in Control, subject to the signing by the Employee of a general release of employment-related claims (other than continuing rights under this Agreement) in a form and manner reasonably satisfactory to the Employer, the Employee shall be paid a lump sum in cash within 30 days of such termination in an amount equal to the full value of his Performance Units and an amount equal to the greater of two (2) or the Unexpired Term times the sum of (A) his Base Salary and (B) Maximum Bonus for the year of termination. The Employee shall continue to enjoy the benefits under the medical and dental insurance plan and the non-qualified retirement plan, if any, for the greater of two (2) years or the Unexpired Term and any and all debts of the Employee to the Employer will be forgiven by the Employer. The Employee shall also be provided with an automobile allowance for the greater of two (2) years or the Unexpired Term at a level which is not less than the level provided to the Employee immediately prior to such termination.

Severance Compensation in the Event of a Termination Upon a Change in Control. (1) Upon a Change in Control, (i) all unvested Performance Shares held by the Employee shall become immediately vested in full, (ii) all Performance Units issued to the Employee pursuant to Section 3.7 hereof shall become immediately vested in full with the value of each Unit deemed to be $50, (iii) any unvested options to purchase shares of The Meditrust Companies held by the Employee shall become immediately vested and exercisable in accordance with the Plan in full. In the event the Employee's employment is terminated in a Termination Upon a Change in Control, subject to the signing by the Employee of a general release of employment-related claims (other than continuing rights under this Agreement) in a form and manner reasonably satisfactory to the Employer, the Employee shall be paid a lump sum in cash within 30 days of such termination in an amount equal to the full value of his Performance Units and an amount equal to the greater of two three (23) or the Unexpired Term times the sum of (A) his Base Salary and (B) Maximum Bonus for the year of termination. The Employee shall continue to enjoy the benefits under the medical and dental insurance plan and the non-qualified retirement plan, if any, for the greater of two three (23) years or the Unexpired Term and any and all debts of the Employee to the Employer will be forgiven by the Employer. The Employee shall also be provided with an automobile allowance for the greater of two three (23) years or the Unexpired Term at a level which is not less than the level provided to the Employee immediately prior to such termination. In addition, the Employee shall be entitled to an additional payment for taxes imposed under Section 4999 of the Internal Revenue Code of 1986, as amended (the "Code"), in accordance with the terms of Schedule 1 attached hereto.

Severance Compensation in the Event of a Termination Upon a Change in Control. (1) Upon a Change in Control, (i) all unvested Performance Shares held by the Employee shall become immediately vested in full, (ii) all Performance Units issued to the Employee pursuant to Section 3.7 hereof shall become immediately vested in full with the value of each Unit deemed to be $50, (iii) any unvested options to purchase shares of The Meditrust Companies held by the Employee shall become immediately vested and exercisable in accordance with the Plan in full. In the event the Employee's employment is terminated in a Termination Upon a Change in Control, subject to the signing by the Employee of a general release of employment-related claims (other than continuing rights under this Agreement) in a form and manner reasonably satisfactory to the Employer, the Employee shall be paid a lump sum in cash within 30 days of such termination in an amount equal to the full value of his her Performance Units and an amount equal to the greater of two (2) or the Unexpired Term times the sum of (A) his her Base Salary and (B) Maximum Bonus for the year of termination. The Employee shall continue to enjoy the benefits under the medical and dental insurance plan and the non-qualified retirement plan, if any, for the greater of two (2) years or the Unexpired Term and any and all debts of the Employee to the Employer will be forgiven by the Employer. The Employee shall also be provided with an automobile allowance for the greater of two (2) years or the Unexpired Term at a level which is not less than the level provided to the Employee immediately prior to such termination.