Employment AgreementEmployment Agreement • November 9th, 2007 • Skilled Healthcare Group, Inc. • Services-skilled nursing care facilities • California
This Employment Agreement dated as of August 14, 2007 (the “Agreement”), is made by and between Skilled Healthcare, LLC., a Delaware limited liability company (together with its Parent and any successor thereto, the “Company”) and Chris Felfe (the “Executive”).
August 14, 2007 Mr. Chris Felfe 1524 Sylvia Lane Newport Beach, CA 92660 Dear Chris:Skilled Healthcare Group, Inc. • November 9th, 2007 • Services-skilled nursing care facilities
This letter is to supplement your employment agreement of this same date and effective August 10, 2007 (“Employment Agreement”). In regards to your employment pursuant to the Employment Agreement we hereby agree to pay a sign-on bonus of $100,000 subject to the terms, limitations and potential forfeiture as described herein. We will pay this bonus in four semi-annual payments of $25,000 as follows: February 10, 2008; August 10, 2008; February 10, 2009; and August 10, 2009. Should your employment end for any reason prior any of these payment dates other than a termination by the Company without cause the unpaid payments will be forfeited and this obligation shall be null and void. In the event of a termination without cause the payments remaining at that time shall be paid on the termination date.
