Letter Agreement, dated as of November 9, 2017, by and between the Company and Kathleen P. Leneghan

November 9, 2017

Ms. Kathleen P. Leneghan

Dear Kathy:

We are pleased to appoint you the position of Interim Chief Financial Officer reporting directly to Matt Monaghan, Chairman, President and CEO. Your responsibilities as Interim Chief Financial Officer will commence effective upon the termination of employment of the current CFO.

The following represents the terms and conditions of your employment:

The term of this agreement shall begin on November 1, 2017 and will continue until a non-interim Chief Financial Officer commences employment with the Company.

Effective November 1, 2017, you will receive $9,000.00 per month in addition to your current monthly rate for as long as you serve as Interim Chief Financial Officer, or for a minimum of six months. After such time, you will cease to receive the additional $9,000.00 per month.

Additionally, when a non-interim Chief Financial Officer commences employment, you will receive a one-time lump sum bonus equal to $9,000.00 per month for each month you performed duties as Interim Chief Financial Officer. In the event you resign prior to the hire date of a non-interim Chief Financial Officer, you will not receive this one-time lump sum bonus.

Ms. Kathleen P. Leneghan

November 9, 2017

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Separation Protection

Termination Pay - If the Company terminates your employment without cause, the Company will continue to pay your salary (as Vice President & Corporate Controller), in accordance with normal payroll practice, for a period of six months.

For purposes of determining termination pay, termination by Invacare without cause shall mean termination by Invacare for any reason other than (a) death, (b) disability, (c) conduct by you which adversely affects Invacare’s business reputation or which is otherwise contrary to the best interest of Invacare and/or (d) breach by you of the terms of this letter or the Technical Information and Non-competition Agreement and conflict of interest documents signed by you.

Kathy, we are excited to have you accept this interim role. If there are any questions regarding this offer, please contact me at ###-###-####.

Sincerely,

/s/ Matthew E. Monaghan

Matthew E. Monaghan

Chairman, President & CEO