0001299933-06-001473 Sample Contracts

FORM RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • March 6th, 2006 • Health Net Inc • Hospital & medical service plans • Delaware

This Restricted Stock Agreement (this “Restricted Stock Agreement”) is made and entered into as of [DATE OF GRANT] (the “Date of Grant”), by and between Health Net, Inc., a Delaware corporation (the “Company”), and [NAME] (the “Recipient”).

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FORM OF NONQUALIFIED STOCK OPTION AGREEMENT UNDER THE HEALTH NET, INC. [NAME OF PLAN]
Nonqualified Stock Option Agreement • March 6th, 2006 • Health Net Inc • Hospital & medical service plans

This agreement (the “Option Agreement”) is made as of [DATE] (the “Grant Date”), between Health Net, Inc., a Delaware corporation (the “Company”), and [EMPLOYEE NAME], an employee of the Company or a Subsidiary of the Company (the “Optionee”).

FORM RESTRICTED STOCK UNIT AGREEMENT
Restricted Stock Unit Agreement • March 6th, 2006 • Health Net Inc • Hospital & medical service plans • Delaware

This Restricted Stock Unit Agreement (this “Restricted Stock Unit Agreement”) is made and entered into as of [DATE OF GRANT] (the “Date of Grant”), by and between Health Net, Inc., a Delaware corporation (the “Company”), and [NAME] (the "Recipient”).

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