0001299933-10-002404 Sample Contracts

FORM RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • June 17th, 2010 • 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. 2006 LONG-TERM INCENTIVE PLAN, AS AMENDED
Form of Nonqualified Stock Option Agreement • June 17th, 2010 • Health Net Inc • Hospital & medical service plans

This agreement (together with the Notice of Grant of Stock Options (the “Grant Notice”) attached hereto and incorporated by reference herein, the “Option Agreement”) is made as of the grant date set forth on the Grant Notice (the “Grant Date”), by and between Health Net, Inc., a Delaware corporation (the “Company”), and the participant identified on the Grant Notice, an employee of the Company or a Subsidiary of the Company (the “Optionee”).

FORM OF PERFORMANCE SHARE AWARD AGREEMENT
Form of Performance Share Award Agreement • June 17th, 2010 • Health Net Inc • Hospital & medical service plans • Delaware

This Performance Share Award Agreement (together with the Notice of Grant of Performance Share Award (the “Grant Notice”) attached hereto and incorporated by reference herein, the "Performance Share Award Agreement”) is made and entered into as of the grant date set forth on the Grant Notice (the “Date of Grant”), by and between Health Net, Inc., a Delaware corporation (the “Company”), and the recipient identified on the Grant Notice, an employee of the Company or a subsidiary of the Company (the “Recipient”).

FORM RESTRICTED STOCK UNIT AGREEMENT
Form Restricted Stock Unit Agreement • June 17th, 2010 • Health Net Inc • Hospital & medical service plans • Delaware

This Restricted Stock Unit Agreement (together with the Notice of Grant of Restricted Stock Units (the “Grant Notice”) attached hereto and incorporated by reference herein, the "Restricted Stock Unit Agreement”) is made and entered into as of the grant date set forth on the Grant Notice (the “Date of Grant”), by and between Health Net, Inc., a Delaware corporation (the “Company”), and the recipient identified on the Grant Notice, an employee of the Company or a subsidiary of the Company (the “Recipient”).

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