Amendment to Equity Award Agreements between DaVita Inc. and Patricia Jones
DaVita Inc. and Patricia Jones have agreed to amend previous equity award agreements, including a Non-Qualified Stock Appreciation Rights Agreement and a Restricted Stock Unit Agreement, both dated July 16, 2007. As of March 1, 2008, Patricia Jones agrees to give up any rights to unvested equity awards granted under these agreements in exchange for continued employment with DaVita. This amendment is signed by both parties and approved by DaVita's legal counsel.
Exhibit 10.3
AMENDMENT TO EQUITY AWARD AGREEMENT
This amendment to equity award agreements (Amendment) is entered into by and between DaVita Inc. (DaVita), a Delaware corporation, and Patricia Jones (Optionee), an individual, as of the 1st day of March, 2008.
WHEREAS, Optionee and DaVita have entered into separate agreements concerning the grant of equity awards, including a Non-Qualified Stock Appreciation Rights Agreement and a Restricted Stock Unit Agreement (collectively, Agreements), both with the grant date of July 16, 2007; and
WHEREAS, both DaVita and Optionee desire to amend the Agreements through this Amendment;
THEREFORE, the parties agree as follow:
In consideration for DaVita continuing to employ Optionee, Optionee agrees, as of March 1, 2008, to relinquish, waive, and cancel any and all rights, title, ownership, or interest in any unvested equity awards as of that date granted to her by DaVita pursuant to the Agreements.
Patricia Jones | DaVita Inc. | |||
/s/ Patricia Jones | /s/ Joseph Schohl | |||
Signature | By: Joseph Schohl | |||
Its: Vice President, General Counsel & Secretary |
Approved as to Form | ||||
/s/ Steven M. Cooper | ||||
Steven M. Cooper | ||||
Assistant General Counsel - Labor |