0001157523-05-009741 Sample Contracts

LOAN AGREEMENT
Loan Agreement • November 7th, 2005 • American Retirement Corp • Services-skilled nursing care facilities • Texas

THIS LOAN AGREEMENT (this “Agreement”) is made as of September 22, 2005, by and between ARC LAKEWAY, L.P., a Tennessee limited partnership (together with its successors and assigns, “Borrower”), and GMAC COMMERCIAL MORTGAGE BANK, a Utah industrial bank (together with its successors and assigns, “Lender”).

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AMERICAN RETIREMENT CORPORATION RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • November 7th, 2005 • American Retirement Corp • Services-skilled nursing care facilities • Tennessee

This RESTRICTED STOCK AGREEMENT (the "Agreement") is by and between American Retirement Corporation, a Tennessee corporation (the "Company"), and ________________ (the "Grantee").

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