0001140361-19-009655 Sample Contracts

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • May 22nd, 2019 • U S Physical Therapy Inc /Nv • Services-health services • Texas

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (“Agreement”) is entered into and effective as of the 21st day of May, 2019, by and between U. S. Physical Therapy, Inc. a Nevada corporation (“Employer”), and Graham Reeve (“Employee”), and supercedes that certain Employment Agreement between the parties dated as of January 2, 2018. Employer and Employee may be referred to herein collectively as the “Parties” and individually as a “Party.” For the purposes of this Agreement, “Employer” includes U.S.P.T. Management, Inc.; for the purposes of Sections 10, 11, and 12 “Employer” shall include all subsidiaries and affiliates (as defined under the Securities Exchange Act of 1934, as amended and regulations promulgated thereunder)

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RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • May 22nd, 2019 • U S Physical Therapy Inc /Nv • Services-health services • Nevada

THIS RESTRICTED STOCK AGREEMENT (this “Agreement”) is made and entered into by and between U.S. Physical Therapy, Inc., a corporation organized under the laws of the State of Nevada (the “Company”) and an employee of the Company (“Grantee”) on the ___ day of _______ , 20__ (the “Grant Date”), pursuant to the U.S. Physical Therapy, Inc. 2003 Stock Incentive Plan (the “Plan”). The Plan is incorporated by reference herein in its entirety. Capitalized terms not otherwise defined in this agreement shall have the meaning given to such terms in the Plan.

THIRD AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • May 22nd, 2019 • U S Physical Therapy Inc /Nv • Services-health services • Texas

THIS THIRD AMENDED AND RESTATED EMPLOYMENT AGREEMENT (“Agreement”) is entered into and effective as of the 21st day of May, 2019, by and between U. S. Physical Therapy, Inc. a Nevada corporation (“Employer”) and Lawrance W. McAfee (“Employee”), and supersedes that certain Second Amended and Restated Employment Agreement between the parties effective February 9, 2016. Employer and Employee may be referred to herein collectively as the “Parties” and individually as a “Party.” For the purposes of this Agreement, “Employer” includes U.S.P.T. Management, Inc.; for the purposes of Sections 11, 12, and 13 “Employer” shall include all subsidiaries and affiliates (as defined under the Securities Exchange Act of 1934, as amended and regulations promulgated thereunder).

SECOND AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • May 22nd, 2019 • U S Physical Therapy Inc /Nv • Services-health services • Texas

THIS SECOND AMENDED AND RESTATED EMPLOYMENT AGREEMENT (“Agreement”) is entered into and effective as of the 21st day of May, 2019, by and between U. S. Physical Therapy, Inc. a Nevada corporation (“Employer”), and Glenn D. McDowell (“Employee”), and supersedes that certain Amended and Restated Employment Agreement between the parties effective February 9, 2016. Employer and Employee may be referred to herein collectively as the “Parties” and individually as a “Party.” For the purposes of this Agreement, “Employer” includes U.S.P.T. Management, Inc.; for the purposes of Sections 10, 11, and 12 “Employer” shall include all subsidiaries and affiliates (as defined under the Securities Exchange Act of 1934, as amended and regulations promulgated thereunder)

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