<SEC-DOCUMENT>0001104659-23-024357.txt : 20230222
<SEC-HEADER>0001104659-23-024357.hdr.sgml : 20230222
<ACCEPTANCE-DATETIME>20230222171431
ACCESSION NUMBER:		0001104659-23-024357
CONFORMED SUBMISSION TYPE:	S-8
PUBLIC DOCUMENT COUNT:		8
FILED AS OF DATE:		20230222
DATE AS OF CHANGE:		20230222
EFFECTIVENESS DATE:		20230222

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			UNITEDHEALTH GROUP INC
		CENTRAL INDEX KEY:			0000731766
		STANDARD INDUSTRIAL CLASSIFICATION:	HOSPITAL & MEDICAL SERVICE PLANS [6324]
		IRS NUMBER:				411321939
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-8
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-269920
		FILM NUMBER:		23654562

	BUSINESS ADDRESS:	
		STREET 1:		UNITEDHEALTH GROUP CENTER
		STREET 2:		9900 BREN ROAD EAST
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55343
		BUSINESS PHONE:		9529361300

	MAIL ADDRESS:	
		STREET 1:		9900 BREN ROAD EAST
		CITY:			MINNETONKA
		STATE:			MN
		ZIP:			55343

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNITED HEALTHCARE CORP/
		DATE OF NAME CHANGE:	20000309

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNITED HEALTHCARE CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8
<SEQUENCE>1
<FILENAME>tm237390d1_s8.htm
<DESCRIPTION>FORM S-8
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>As filed with the Securities and Exchange Commission
on February&nbsp;22, 2023</B>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; text-indent: 4in"><B>Registration Statement No.&nbsp;333-</B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM&nbsp;S-8</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>REGISTRATION STATEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNDER</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>THE SECURITIES ACT OF 1933</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 24pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UnitedHealth Group Incorporated</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact name of registrant as specified in its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: bottom; font-size: 10pt; text-align: center; width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Delaware</B></FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt; width: 34%">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: bottom; font-size: 10pt; text-align: center; width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>41-1321939</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(State or other jurisdiction of</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">incorporation or organization)</P></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(I.R.S. Employer</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Identification No.)</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: bottom; width: 33%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UnitedHealth Group Center</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>9900 Bren Road East</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Minnetonka, Minnesota</B></P></TD>
    <TD STYLE="padding: 0.25pt 1.25pt; width: 34%">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: bottom; font-size: 10pt; text-align: center; width: 33%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>55343</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Address of Principal Executive Offices)</FONT></TD>
    <TD STYLE="padding: 1.75pt 1.25pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P></TD>
    <TD STYLE="padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Zip Code)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding: 1.75pt 1.25pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>LHC Group,&nbsp;Inc. 2018 Incentive Plan</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Full title of the plan)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding: 1.75pt 1.25pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Rupert M. Bondy</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Executive Vice President and Chief Legal Officer</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UnitedHealth Group Center</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>9900 Bren Road East</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Minnetonka, Minnesota 55343&nbsp;</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Name and address of agent for service)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding: 1.75pt 1.25pt">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(952) 936-1300</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Telephone number, including area code, of agent for service)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of
 &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer,&rdquo; &ldquo;smaller reporting company,&rdquo; and emerging growth company
in Rule&nbsp;12b-2 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: justify; text-indent: 13.5pt; width: 34%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Large accelerated filer</FONT></TD>
    <TD STYLE="padding: 1.75pt 1.25pt; font-size: 10pt; width: 2%"><FONT STYLE="font-family: Wingdings">&#120;</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt; width: 30%">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: justify; width: 32%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accelerated filer</FONT></TD>
    <TD STYLE="padding: 1.75pt 1.25pt; font-size: 10pt; width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: justify; text-indent: 13.5pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: justify; text-indent: 13.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-accelerated filer</FONT></TD>
    <TD STYLE="padding: 1.75pt 1.25pt; font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Smaller reporting company</FONT></TD>
    <TD STYLE="padding: 1.75pt 1.25pt; font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: justify; text-indent: 13.5pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; font-size: 10pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Emerging growth company</FONT></TD>
    <TD STYLE="padding: 1.75pt 1.25pt; font-size: 10pt"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section&nbsp;7(a)(2)(B)&nbsp;of the Securities Act.<FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Wingdings">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXPLANATORY NOTE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">This Registration Statement on Form&nbsp;S-8 (the
 &ldquo;Registration Statement&rdquo;) relates to shares of common stock of UnitedHealth Group Incorporated, a Delaware corporation (the
 &ldquo;Company&rdquo;), par value $0.01 per share (&ldquo;Company Common Stock&rdquo;) issuable in respect of certain outstanding and
unvested equity awards in respect of shares of common stock of LHC Group,&nbsp;Inc., a Delaware corporation (&ldquo;LHC&rdquo;), par value
$0.01 per share (&ldquo;LHC Common Stock&rdquo;), granted by LHC and held by employees and consultants of LHC and its affiliates, which
were assumed by the Company and converted into equity awards in respect of shares of Company Common Stock in connection with the Company&rsquo;s
acquisition of LHC, as described below. These equity awards were granted pursuant to the LHC Group,&nbsp;Inc. 2018 Incentive Plan (the
 &ldquo;2018 Plan&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Such shares represent the maximum number of shares
of Company Common Stock underlying outstanding equity awards issued to participants under the 2018 Plan (including shares of Company Common
Stock to be issued in respect of accrued dividend share equivalents that pay on vesting of such awards), subject to appropriate adjustments
thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><B>The Merger</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Pursuant to the Agreement and Plan of Merger,
dated as of March&nbsp;28, 2022 (the &ldquo;Merger Agreement&rdquo;), by and among the Company, LHC, and Lightning Merger Sub Inc., a
Delaware corporation and wholly owned subsidiary of the Company (&ldquo;Merger Sub&rdquo;), effective as of February&nbsp;22, 2023, Merger
Sub merged with and into LHC (the &ldquo;Merger&rdquo;), with LHC surviving the Merger as a wholly owned subsidiary of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Conversion
of Certain LHC Equity Awards in Connection with </B></FONT><B>the Merger</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">At the effective time of the Merger (the &ldquo;Effective
Time&rdquo;), each outstanding LHC restricted stock award granted under the 2018 Plan (each, an &ldquo;LHC RSA&rdquo;) that was unvested
was converted into a number of restricted shares of Company Common Stock (each, a &ldquo;Company RSA&rdquo;) equal to the product of the
total number of shares of LHC Common Stock subject to such LHC RSA immediately prior to the Effective Time <I>times </I>the Equity Award
Exchange Ratio (as defined in the Merger Agreement) (rounded up or down to the nearest whole number, with 0.5 rounding up).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">LHC equity-based awards converted into equity-based
awards denominated in Company Common Stock at the Effective Time are generally subject to the same terms and conditions as applied to
such awards immediately prior to the Effective Time, except to the extent such terms and conditions were rendered inoperative by the Merger
or with respect to such other changes that are necessary for the administration of the awards and that are not detrimental to the holder
of the award.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PART&nbsp;I.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INFORMATION REQUIRED IN THE SECTION&nbsp;10(a)&nbsp;PROSPECTUS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The documents containing the information specified
in this Part&nbsp;I of Form&nbsp;S-8 will be sent or given to participants in the 2018 Plan as specified by Rule&nbsp;428(b)(1)&nbsp;under
the Securities Act of 1933, as amended (the &ldquo;Securities Act&rdquo;). Such documents need not be filed with the Securities and Exchange
Commission (the &ldquo;SEC&rdquo;) either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant
to Rule&nbsp;424 under the Securities Act. These documents and the documents incorporated by reference pursuant to Item 3 of Part&nbsp;II
of this Registration Statement, taken together, constitute a prospectus that meets the requirements of Section&nbsp;10(a)&nbsp;of the
Securities Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PART&nbsp;II.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
3.</B></FONT><B> Incorporation of Documents by Reference.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The Company incorporates by reference herein the
following documents filed by it with the SEC under Commission File Number 1-10864 pursuant to the Securities Exchange Act of 1934, as
amended (the &ldquo;Exchange Act&rdquo;), other than any portion of such documents or information therein deemed to have been furnished
and not filed in accordance with SEC rules:</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in; border-left-width: 0in; border-left-color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)&nbsp;</FONT>the
Company&rsquo;s <A HREF="https://www.sec.gov/Archives/edgar/data/731766/000073176622000008/unh-20211231.htm" STYLE="-sec-extract: exhibit">Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 2021</A> (including those portions of the Company&rsquo;s
<A HREF="https://www.sec.gov/Archives/edgar/data/731766/000110465922048923/tm223410-1_def14a.htm" STYLE="-sec-extract: exhibit">Definitive Proxy Statement on Schedule 14A filed with the SEC on April&nbsp;22, 2022</A> that are incorporated by reference into <A HREF="https://www.sec.gov/ix?doc=/Archives/edgar/data/731766/000073176622000008/unh-20211231.htm" STYLE="-sec-extract: exhibit">Part&nbsp;III of such Annual Report on Form&nbsp;10-K), as filed with the SEC on February&nbsp;15, 2022</A>;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in; border-left-width: 0in; border-left-color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)&nbsp;the
Company&rsquo;s Quarterly Reports on <A HREF="https://www.sec.gov/Archives/edgar/data/731766/000073176622000019/unh-20220331.htm" STYLE="-sec-extract: exhibit">Form&nbsp;10-Q for the quarterly periods ended March&nbsp;31, 2022, as filed with the SEC on May&nbsp;4, 2022</A>, <A HREF="https://www.sec.gov/Archives/edgar/data/731766/000073176622000036/unh-20220630.htm" STYLE="-sec-extract: exhibit">June&nbsp;30, 2022, as filed with the SEC on August&nbsp;3, 2022</A> and <A HREF="https://www.sec.gov/Archives/edgar/data/731766/000073176622000044/unh-20220930.htm" STYLE="-sec-extract: exhibit">September&nbsp;30, 2022, as filed with the SEC on November&nbsp;2, 2022</A>;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in; border-left-width: 0in; border-left-color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)&nbsp;</FONT>the
Company&rsquo;s Current Reports on Form&nbsp;8-K filed with the SEC on <A HREF="https://www.sec.gov/Archives/edgar/data/731766/000073176622000010/unh-20220214.htm" STYLE="-sec-extract: exhibit">February&nbsp;17,
2022</A>, <A HREF="https://www.sec.gov/Archives/edgar/data/731766/000119312522156291/d288958d8k.htm" STYLE="-sec-extract: exhibit">May&nbsp;20,
2022</A>, <A HREF="https://www.sec.gov/Archives/edgar/data/731766/000073176622000028/unh-20220606.htm" STYLE="-sec-extract: exhibit">June&nbsp;10,
2022</A>, <A HREF="https://www.sec.gov/Archives/edgar/data/731766/000119312522272540/d363790d8k.htm" STYLE="-sec-extract: exhibit">October&nbsp;28,
2022</A> and <A HREF="https://www.sec.gov/Archives/edgar/data/731766/000073176622000051/unh-20221212.htm" STYLE="-sec-extract: exhibit">December&nbsp;12,
2022</A>; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.25in; border-left-width: 0in; border-left-color: Black"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)&nbsp;</FONT><A HREF="https://www.sec.gov/Archives/edgar/data/731766/000073176620000006/unhex4512312019.htm" STYLE="-sec-extract: exhibit">the Description of the Company&rsquo;s Common Stock set forth in Exhibit&nbsp;4.5 to the Company&rsquo;s Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 2019, including any amendment or report filed for the purpose of updating such description.</A></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">In addition, the Company incorporates by reference
all documents filed by it pursuant to Sections 13(a), 13(c), 14 and 15(d)&nbsp;of the Exchange Act (other than, in each case, documents
or information therein deemed to have been furnished and not filed in accordance with SEC rules, unless specifically incorporated by reference
in this Registration Statement) subsequent to the date hereof and prior to the filing of a post-effective amendment which indicates that
all securities offered have been sold or which deregisters all securities then remaining unsold. All such incorporated documents shall
be deemed to be a part of this Registration Statement from the dates of filing such documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Any statement contained in a document incorporated
or deemed to be incorporated by reference into this Registration Statement shall be deemed to be modified or superseded for purposes of
this Registration Statement to the extent that a statement contained in this Registration Statement or in any other subsequently filed
document which also is or is deemed to be incorporated into this Registration Statement modifies or supersedes that statement. Any statement
so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 4. Description of Securities.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 5. Interests of Named Experts and Counsel.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Faraz A. Choudhry, who has given an opinion of
counsel with respect to the securities to which this Registration Statement relates, is an employee and officer (Deputy General Counsel
and Assistant Corporate Secretary) of the Company. Mr.&nbsp;Choudhry owns Company securities and participates in various employee benefit
plans of the Company, but is not eligible to participate in the 2018 Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 6. Indemnification of Directors and Officers.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Delaware
General Corporation Law.</I></FONT> As a Delaware corporation, the Company is subject to the provisions of the General Corporation Law
of the State of Delaware (the &ldquo;Delaware General Corporation Law&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Section&nbsp;145(a)&nbsp;of the Delaware General
Corporation Law provides that a corporation may indemnify any person who was or is a party or is threatened to be made a party to any
threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an action
by or in the right of the corporation), by reason of the fact that the person is or was a director, officer, employee or agent of the
corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation,
partnership, joint venture, trust or other enterprise, against expenses (including attorneys&rsquo; fees), judgments, fines and amounts
paid in settlement actually and reasonably incurred by the person in connection with such action, suit or proceeding if the person acted
in good faith and in a manner the person reasonably believed to be in or not opposed to the best interests of the corporation, and, with
respect to any criminal action or proceeding, had no reasonable cause to believe the person&rsquo;s conduct was unlawful. The termination
of any action, suit or proceeding by judgment, order, settlement, conviction or upon a plea of nolo contendere or its equivalent, shall
not, of itself, create a presumption that the person did not act in good faith and in a manner which the person reasonably believed to
be in or not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, had reasonable
cause to believe that the person&rsquo;s conduct was unlawful.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Section&nbsp;145(b)&nbsp;of the Delaware General
Corporation Law states that a corporation may indemnify any person who was or is a party or is threatened to be made a party to any threatened,
pending or completed action or suit by or in the right of the corporation to procure a judgment in its favor by reason of the fact that
the person is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation
as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against expenses
(including attorneys&rsquo; fees) actually and reasonably incurred by the person in connection with the defense or settlement of such
action or suit if the person acted in good faith and in a manner the person reasonably believed to be in or not opposed to the best interests
of the corporation and except that no indemnification shall be made in respect of any claim, issue or matter as to which the person shall
have been adjudged to be liable to the corporation unless and only to the extent that the Delaware Court of Chancery or the court in which
such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances
of the case, the person is fairly and reasonably entitled to indemnity for such expenses as the Delaware Court of Chancery or such other
court shall deem proper.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Section&nbsp;145(c)&nbsp;of the Delaware General
Corporation Law provides that, to the extent that a present or former director or officer of a corporation has been successful on the
merits or otherwise in defense of any action, suit or proceeding referred to in subsections (a)&nbsp;and (b)&nbsp;of Section&nbsp;145,
or in defense of any claim, issue or matter therein, such person shall be indemnified against expenses (including attorneys&rsquo; fees)
actually and reasonably incurred by such person in connection therewith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Section&nbsp;145(d)&nbsp;of the Delaware General
Corporation Law states that any indemnification under subsections (a)&nbsp;and (b)&nbsp;of Section&nbsp;145 (unless ordered by a court)
shall be made by the corporation only as authorized in the specific case upon a determination that indemnification of the present or former
director, officer, employee or agent is proper in the circumstances because the person has met the applicable standard of conduct set
forth in subsections (a)&nbsp;and (b)&nbsp;of Section&nbsp;145. Such determination shall be made with respect to a person who is a director
or officer at the time of such determination (1)&nbsp;by a majority vote of the directors who are not parties to such action, suit or
proceeding, even though less than a quorum, (2)&nbsp;by a committee of such directors designated by majority vote of such directors, even
though less than a quorum, (3)&nbsp;if there are no such directors, or if such directors so direct, by independent legal counsel in a
written opinion or (4)&nbsp;by the shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Section&nbsp;145(f)&nbsp;of the Delaware General
Corporation Law states that the indemnification and advancement of expenses provided by, or granted pursuant to, the other subsections
of Section&nbsp;145 shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement of expenses
may be entitled under any bylaw, agreement, vote of shareholders or disinterested directors or otherwise, both as to action in such person&rsquo;s
official capacity and as to action in another capacity while holding such office.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Section&nbsp;145(g)&nbsp;of the Delaware General
Corporation Law provides that a corporation shall have the power to purchase and maintain insurance on behalf of any person who is or
was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer,
employee or agent of another corporation, partnership, joint venture, trust or other enterprise, against any liability asserted against
such person and incurred by such person in any such capacity or arising out of such person&rsquo;s status as such, whether or not the
corporation would have the power to indemnify such person against such liability under the provisions of Section&nbsp;145.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Section&nbsp;145(j)&nbsp;of the Delaware General
Corporation Law states that the indemnification and advancement of expenses provided by, or granted pursuant to, Section&nbsp;145 shall,
unless otherwise provided when authorized or ratified, continue as to a person who has ceased to be a director, officer, employee or agent
and shall inure to the benefit of the heirs, executors and administrators of such a person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Certificate
of Incorporation</I></FONT>. The Company&rsquo;s Certificate of Incorporation provides that, to the fullest extent permissible under the
Delaware General Corporation Law, the Company&rsquo;s directors shall not be personally liable to the Company or its shareholders for
monetary damages for breach of fiduciary duty as a director, except that a director shall be liable to the extent provided by applicable
law (1)&nbsp;for breach of the director&rsquo;s duty of loyalty to the Company or its shareholders, (2)&nbsp;for acts or omissions not
in good faith or which involve intentional misconduct or a knowing violation of law, (3)&nbsp;pursuant to Section&nbsp;174 of the Delaware
General Corporation Law or (4)&nbsp;for any transaction from which the director derived an improper personal benefit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Bylaws</I></FONT>.
The Company&rsquo;s Bylaws provide that the Company shall indemnify and hold harmless, to the fullest extent permitted by applicable law,
any person who was or is made or is threatened to be made a party or is otherwise involved in any threatened, pending, or completed action,
suit or proceeding because he or she, or a person for whom he or she is the legal representative, is or was a director or officer of the
Company or, while a director or officer of the Company, is or was serving at the request of the Company as a director, officer, employee
or agent of another corporation, partnership, joint venture, trust, enterprise or nonprofit entity against all liability and loss suffered
and expenses (including attorneys&rsquo; fees) reasonably incurred by such person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The Company&rsquo;s Bylaws provide that the Company
shall advance to indemnified persons expenses incurred in defending any such proceedings, subject to an obligation to repay amounts so
advanced if it shall ultimately be determined by final judicial decision from which there is no further right to appeal that such indemnified
person is not entitled to be indemnified for such expenses under the Company&rsquo;s Bylaws or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Indemnification
Agreements</I></FONT>. The Company has entered into an indemnification agreement with each of its directors and executive officers which
provides, among other things, that the Company will indemnify each such person to the fullest extent permitted by law, subject to certain
conditions, against all expenses and certain other amounts actually and reasonably incurred by such person in connection with proceedings
in which such person is involved, or is threatened to become involved, because such person is or was a director or officer of the Company,
by reason of any action or inaction on the part of such person, or by reason of the fact that such person is or was serving at the request
of the Company as a director, officer, trustee, partner, managing member, fiduciary, employee or agent of any other enterprise. The indemnification
agreement also requires the Company, under certain circumstances, to advance expenses incurred by such person in connection with the investigation,
defense, settlement or appeal of any such proceedings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Liability
Insurance</I></FONT>. The Company maintains directors&rsquo; and officers&rsquo; liability insurance which covers certain liabilities
and expenses of the Company&rsquo;s directors and officers and covers the Company for reimbursement of payments to the Company&rsquo;s
directors and officers in respect of such liabilities and expenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
8.</B></FONT><B> Exhibits.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: center; width: 8%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Number</B></FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Description</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/731766/000073176615000027/unhex31delawarecertificate.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.1</FONT></A></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/731766/000073176615000027/unhex31delawarecertificate.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certificate of Incorporation of UnitedHealth Group Incorporated (incorporated by reference to Exhibit&nbsp;3.1 to UnitedHealth Group Incorporated&rsquo;s Registration Statement on Form&nbsp;8-A/A, Commission File No.&nbsp;1-10864, filed on July&nbsp;1, 2015).</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: center"><A HREF="https://www.sec.gov/Archives/edgar/data/731766/000073176621000010/bylawsexhibit.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.2</FONT></A></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt"><A HREF="https://www.sec.gov/Archives/edgar/data/731766/000073176621000010/bylawsexhibit.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amended and Restated Bylaws of UnitedHealth Group Incorporated, effective February&nbsp;23, 2021 (incorporated by reference to Exhibit&nbsp;3.2 to UnitedHealth Group Incorporated&rsquo;s Current Report on Form&nbsp;8-K, Commission File No.&nbsp;1-10864, filed on February&nbsp;26, 2021).</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: center"><A HREF="tm237390d1_ex4-3.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.3</FONT></A></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt"><A HREF="tm237390d1_ex4-3.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">LHC Group,&nbsp;Inc. 2018 Incentive Plan.</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: center"><A HREF="tm237390d1_ex4-5.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.5</FONT></A></TD>
    <TD STYLE="padding: 0.25pt 1.25pt; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt"><A HREF="tm237390d1_ex4-5.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amendment to the LHC Group,&nbsp;Inc. 2018 Incentive Plan.</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: center"><A HREF="tm237390d1_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.1</FONT></A></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt"><A HREF="tm237390d1_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Opinion of Faraz A. Choudhry, the Company&rsquo;s Deputy General Counsel and Assistant Corporate Secretary.</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: center"><A HREF="tm237390d1_ex5-1.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23.1</FONT></A></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt"><A HREF="tm237390d1_ex5-1.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consent of Faraz A. Choudhry, the Company&rsquo;s Deputy General Counsel and Assistant Corporate Secretary (included in Exhibit&nbsp;5.1).</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: center"><A HREF="tm237390d1_ex23-2.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">23.2</FONT></A></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt"><A HREF="tm237390d1_ex23-2.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Consent of Deloitte&nbsp;&amp; Touche LLP.</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: center"><A HREF="tm237390d1_ex24-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">24.1</FONT></A></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt"><A HREF="tm237390d1_ex24-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Power of Attorney.</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: center"><A HREF="tm237390d1_exfilingfees.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">107</FONT></A></TD>
    <TD STYLE="padding: 0.25pt 1.25pt; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt"><A HREF="tm237390d1_exfilingfees.htm"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Filing Fee Table.</FONT></A></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt -0.25in; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Item
9.</B></FONT><B> Undertakings.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">(a)&nbsp;The undersigned registrant hereby undertakes:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(1)&nbsp;To file, during any period in which offers
or sales are being made, a post-effective amendment to this Registration Statement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: 0.5in">(i)&nbsp;To include any prospectus required by
Section&nbsp;10(a)(3)&nbsp;of the Securities Act of 1933;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: 0.5in; border-left-width: 0in; border-left-color: Black">(ii)&nbsp;To
reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration
Statement. Notwithstanding the foregoing, any increase or decrease in the volume of securities offered (if the total dollar value of securities
offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range
may be reflected in the form of prospectus filed with the Commission pursuant to Rule&nbsp;424(b)&nbsp;if, in the aggregate, the changes
in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the &quot;Calculation of
Registration Fee&quot; table in the effective Registration Statement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: 0.5in; border-left-width: 0in; border-left-color: Black">(iii)&nbsp;To
include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any
material change to such information in the Registration Statement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>provided,
however</I></FONT>, that paragraphs (a)(1)(i)&nbsp;and (a)(1)(ii)&nbsp;of this section do not apply if the information required to be
included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the registrant
pursuant to section 13 or section 15(d)&nbsp;of the Securities Exchange Act of 1934 that are incorporated by reference in the Registration
Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(2)&nbsp;That, for the purpose of determining any
liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating
to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial <I>bona fide</I>
offering thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(3)&nbsp;To remove from registration by means of
a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">(b)&nbsp;The undersigned registrant hereby undertakes
that, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant&rsquo;s annual report
pursuant to section 13(a)&nbsp;or section 15(d)&nbsp;of the Securities Exchange Act of 1934 (and, where applicable, each filing of an
employee benefit plan&rsquo;s annual report pursuant to section 15(d)&nbsp;of the Securities Exchange Act of 1934) that is incorporated
by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein,
and the offering of such securities at that time shall be deemed to be the initial <I>bona fide</I> offering thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">(c)&nbsp;Insofar as indemnification for liabilities
arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to
the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission
such indemnification is against public policy as expressed in the Securities Act of 1933 and is, therefore, unenforceable. In the event
that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a
director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by
such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion
of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the Securities Act of 1933 and will be governed by the final adjudication
of such issue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Pursuant to the requirements of the Securities
Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form&nbsp;S-8
and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City
of Minnetonka, State of Minnesota, on February&nbsp;22, 2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>UNITEDHEALTH GROUP INCORPORATED</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 3%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1.75pt 1.25pt; font-size: 10pt; text-indent: 3.75pt; width: 40%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Andrew P. Witty</FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD STYLE="padding: 2pt 1.25pt 1.75pt 0.9pt; vertical-align: bottom; font-size: 10pt; text-indent: -0.9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Andrew P. Witty</FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding: 1.75pt 1.25pt 1.75pt 0.9pt; font-size: 10pt; text-indent: -0.9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Executive Officer</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to the requirements of the Securities Act of 1933, this Registration
Statement has been signed by the following persons in the capacities indicated on February&nbsp;22, 2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Signature</B></FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Title</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Andrew P. Witty</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="padding: 1.75pt 1.25pt 1.75pt 14.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director and Chief Executive Officer<BR>
(principal executive officer)</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Andrew P. Witty</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ John F. Rex</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="padding: 1.75pt 1.25pt 1.75pt 14.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Financial Officer<BR>
(principal financial officer)</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">John F. Rex</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Thomas E. Roos</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="padding: 1.75pt 1.25pt 1.75pt 14.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Senior Vice President and Chief Accounting Officer<BR>
(principal accounting officer)</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Thomas E. Roos</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: top; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="padding: 1.75pt 1.25pt 1.75pt 14.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Timothy P. Flynn</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: top; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="padding: 1.75pt 1.25pt 1.75pt 14.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Paul R. Garcia</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: top; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="padding: 1.75pt 1.25pt 1.75pt 14.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Stephen J. Hemsley</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: top; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="padding: 1.75pt 1.25pt 1.75pt 14.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Michele J. Hooper</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: top; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="padding: 1.75pt 1.25pt 1.75pt 14.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">F. William McNabb III</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: top; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="padding: 1.75pt 1.25pt 1.75pt 14.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Valerie C. Montgomery Rice, M.D.</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; vertical-align: top; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="padding: 1.75pt 1.25pt 1.75pt 14.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: top; font-size: 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">John H. Noseworthy, M.D.</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding: 1pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: top; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">*</FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; padding: 1.75pt 1.25pt; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The undersigned, by signing below, does hereby execute this Registration Statement on behalf of the directors of UnitedHealth Group Incorporated listed above pursuant to the Power of Attorney filed herewith as Exhibit&nbsp;24.1.</FONT></TD></TR>
  <TR>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 40%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 58%">&nbsp;</TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: bottom; font-size: 10pt; text-align: right; width: 20%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="padding: 0.25pt 1.25pt; width: 3%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding: 1.75pt 1.25pt; vertical-align: bottom; font-size: 10pt; width: 40%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Faraz A. Choudhry</FONT></TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: bottom; font-size: 10pt; width: 37%">&nbsp;</TD></TR>
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    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Faraz A. Choudhry</FONT></TD>
    <TD STYLE="padding: 2pt 1.25pt 1.75pt; vertical-align: bottom; font-size: 10pt">&nbsp;</TD></TR>
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    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt 1.25pt">&nbsp;</TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>As Attorney-In-Fact</I></FONT></TD>
    <TD STYLE="padding: 1.75pt 1.25pt; vertical-align: bottom; font-size: 10pt">&nbsp;</TD></TR>
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<TYPE>EX-4.3
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<FILENAME>tm237390d1_ex4-3.htm
<DESCRIPTION>EXHIBIT 4.3
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 4.3</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>2018 INCENTIVE PLAN</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>LHC GROUP,&nbsp;INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>2018 INCENTIVE PLAN</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>TABLE OF CONTENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;1 - PURPOSE</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 7%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.1</FONT></TD>
    <TD STYLE="width: 81%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">General</FONT></TD>
    <TD STYLE="text-align: center; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-4</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;2 - DEFINITIONS</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Definitions</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-4</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;3 - EFFECTIVE TERM OF PLAN</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Effective Date</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-9</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Term of Plan</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-9</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;4 - ADMINISTRATION</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Committee</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-10</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Actions and Interpretations by the Committee</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-10</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Authority of Committee</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-10</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Delegation</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-11</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indemnification</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-11</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;5 - SHARES SUBJECT TO THE PLAN</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Number of Shares</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-12</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Share Counting</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-12</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Stock Distributed</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-13</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Limitation on Awards</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-13</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;6 - MINIMUM VESTING; DISCRETION TO ACCELERATE</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Minimum Vesting Requirements</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-13</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Limited Discretion to Accelerate Vesting</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-13</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;7 - STOCK OPTIONS</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">General</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-14</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Incentive Stock Options</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-14</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;8 - STOCK APPRECIATION RIGHTS</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Grant of Stock Appreciation Rights</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-14</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;9 - RESTRICTED STOCK AND RESTRICTED STOCK UNITS</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Grant of Restricted Stock and Restricted Stock Units</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-15</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Issuance and Restrictions</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-15</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dividends on Restricted Stock</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-15</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Forfeiture</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-15</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Delivery of Restricted Stock</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-15</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;10 - PERFORMANCE AWARDS</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Grant of Performance Awards</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-15</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Performance Goals</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-16</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;11 - DIVIDEND EQUIVALENTS</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Grant of Dividend Equivalents</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-16</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;12 - STOCK OR OTHER STOCK-BASED AWARDS</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Grant of Stock or Other Stock-Based Awards</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-16</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;13 - PROVISIONS APPLICABLE TO AWARDS</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Eligibility</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-16</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-Employee Director Awards</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-16</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Award Certificates</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-16</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form&nbsp;of Payment of Awards</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-16</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

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    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 7%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.5</FONT></TD>
    <TD STYLE="width: 81%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Limits on Transfer</FONT></TD>
    <TD STYLE="text-align: center; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-17</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.6</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Beneficiaries</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-17</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.7</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Stock Trading Restrictions</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-17</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.8</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Effect of a Change in Control</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-17</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.9</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Forfeiture Events</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-18</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.10</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Substitute Awards</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-18</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;14 - CHANGES IN CAPITAL STRUCTURE</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Mandatory Adjustments</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-18</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Discretionary Adjustments</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-18</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">General</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-18</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;15 - AMENDMENT, MODIFICATION AND TERMINATION</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Amendment, Modification and Termination</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-19</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Awards Previously Granted</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-19</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">15.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Compliance Amendments</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-19</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>ARTICLE&nbsp;16 - GENERAL PROVISIONS</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.1</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Rights of Participation</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-19</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.2</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Withholding</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-20</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.3</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Special Provisions Related to Section&nbsp;409A of the Code</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-20</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.4</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unfunded Status of Awards</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-21</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.5</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Relationship to Other Benefits</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-21</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.6</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Expenses</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-21</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.7</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Titles and Headings</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-21</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.8</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gender and Number</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-21</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.9</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Fractional Shares</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-21</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.10</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Government and Other Regulations</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-21</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.11</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Governing Law</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-2</FONT>2</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.12</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Severability</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-22</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">16.13</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">No Limitations on Rights of Company</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A-22</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>LHC GROUP,&nbsp;INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>2018 INCENTIVE PLAN</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE&nbsp;1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PURPOSE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.1. <U>GENERAL</U>. The purpose
of the LHC Group,&nbsp;Inc. 2018 Incentive Plan (the &ldquo;Plan&rdquo;) is to promote the success, and enhance the value, of LHC Group,&nbsp;Inc.
(the &ldquo;Company&rdquo;), by linking the personal interests of employees, officers, directors and consultants of the Company or any
Affiliate (as defined below) to those of Company stockholders and by providing such persons with an incentive for outstanding performance.
The Plan is further intended to provide flexibility to the Company in its ability to motivate, attract, and retain the services of employees,
officers, directors and consultants upon whose judgment, interest, and special effort the successful conduct of the Company&rsquo;s operation
is largely dependent. Accordingly, the Plan permits the grant of incentive awards from time to time to selected employees, officers, directors
and consultants of the Company and its Affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE&nbsp;2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>DEFINITIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.1. <U>DEFINITIONS</U>. When
a word or phrase appears in this Plan with the initial letter capitalized, and the word or phrase does not commence a sentence, the word
or phrase shall generally be given the meaning ascribed to it in this Section&nbsp;or in Section&nbsp;1.1 unless a clearly different meaning
is required by the context. The following words and phrases shall have the following meanings:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)
 &ldquo;Affiliate&rdquo; means (i)&nbsp;any Subsidiary or Parent, or (ii)&nbsp;an entity that directly or through one or more
intermediaries controls, is controlled by or is under common control with, the Company, as determined by the Committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b) &ldquo;Award&rdquo;
means an award of Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Awards, Other
Stock-Based Awards, or any other right or interest relating to Stock or cash, granted to a Participant under the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c) &ldquo;Award
Certificate&rdquo; means a written document, in such form as the Committee prescribes from time to time, setting forth the terms and
conditions of an Award. Award Certificates may be in the form of individual award agreements or certificates or a program document
describing the terms and provisions of an Award or series of Awards under the Plan. The Committee may provide for the use of
electronic,&nbsp;Internet or other non-paper Award Certificates, and the use of electronic,&nbsp;Internet or other non-paper means
for the acceptance thereof and actions thereunder by a Participant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d) &ldquo;Beneficial
Owner&rdquo; shall have the meaning given such term in Rule&nbsp;13d-3 of the General Rules&nbsp;and Regulations under the 1934
Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e) &ldquo;Board&rdquo;
means the Board of Directors of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f) &ldquo;Cause&rdquo;
as a reason for a Participant&rsquo;s termination of employment shall have the meaning assigned such term in the employment,
severance or similar agreement, if any, between such Participant and the Company or an Affiliate, provided, however that if there is
no such employment, severance or similar agreement in which such term is defined, and unless otherwise defined in the applicable
Award Certificate, &ldquo;Cause&rdquo; shall mean any of the following acts by the Participant, as determined by the Committee:
gross neglect of duty, prolonged absence from duty without the consent of the Company, intentionally engaging in any activity that
is in conflict with or adverse to the business or other interests of the Company, or willful misconduct, misfeasance or malfeasance
of duty which is reasonably determined to be detrimental to the Company. With respect to a Participant&rsquo;s termination of
directorship, &ldquo;Cause&rdquo; means an act or failure to act that constitutes cause for removal of a director under applicable
Delaware law. The determination of the Committee as to the existence of &ldquo;Cause&rdquo; shall be conclusive on the Participant
and the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g) &ldquo;Change in
Control&rdquo; means and includes the occurrence of any one of the following events:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)&nbsp;individuals
who, on the Effective Date, constitute the Board of Directors of the Company (the &ldquo;Incumbent Directors&rdquo;) cease for any
reason to constitute at least a majority of such Board, provided that any person becoming a director after the Effective Date and
whose election or nomination for election was approved by a vote of at least a majority of the Incumbent Directors then on the Board
shall be an Incumbent Director; provided, however, that no individual initially elected or nominated as a director of the Company as
a result of an actual or threatened election contest with respect to the election or removal of directors (&ldquo;Election
Contest&rdquo;) or other actual or threatened solicitation of proxies or consents by or on behalf of any &ldquo;Person&rdquo; (such
term for purposes of this definition being as defined in Section&nbsp;3(a)(9)&nbsp;of the 1934 Act and as used in
Section&nbsp;13(d)(3)&nbsp;and 14(d)(2)&nbsp;of the 1934 Act) other than the Board (&ldquo;Proxy Contest&rdquo;), including by
reason of any agreement intended to avoid or settle any Election Contest or Proxy Contest, shall be deemed an Incumbent Director;
or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(ii)&nbsp;any Person is or
becomes a Beneficial Owner, directly or indirectly, of either (A)&nbsp;30% or more of the then-outstanding shares of common stock of the
Company (&ldquo;Company Common Stock&rdquo;) or (B)&nbsp;securities of the Company representing 30% or more of the combined voting power
of the Company&rsquo;s then outstanding securities eligible to vote for the election of directors (the &ldquo;Company Voting Securities&rdquo;);
provided, however, that for purposes of this subsection (ii), the following acquisitions shall not constitute a Change of Control: (v)&nbsp;an
acquisition directly from the Company, (w)&nbsp;an acquisition by the Company or a Subsidiary of the Company, (x)&nbsp;an acquisition
by a Person who is on the Effective Date the Beneficial Owner, directly or indirectly, of 50% or more of the Company Common Stock or the
Company Voting Securities, (y)&nbsp;an acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company
or any Subsidiary of the Company, or (z)&nbsp;an acquisition pursuant to a Non-Qualifying Transaction (as defined in subsection (iii)&nbsp;below);
or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(iii)&nbsp;the consummation
of a reorganization, merger, consolidation, statutory share exchange or similar form of corporate transaction involving the Company or
a Subsidiary (a &ldquo;Reorganization&rdquo;), or the sale or other disposition of all or substantially all of the Company&rsquo;s assets
(a &ldquo;Sale&rdquo;) or the acquisition of assets or stock of another corporation (an &ldquo;Acquisition&rdquo;), unless immediately
following such Reorganization, Sale or Acquisition: (A)&nbsp;all or substantially all of the individuals and entities who were the Beneficial
Owners, respectively, of the outstanding Company Common Stock and outstanding Company Voting Securities immediately prior to such Reorganization,
Sale or Acquisition beneficially own, directly or indirectly, more than 60% of, respectively, the then outstanding shares of common stock
and the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, as the
case may be, of the corporation resulting from such Reorganization, Sale or Acquisition (including, without limitation, a corporation
which as a result of such transaction owns the Company or all or substantially all of the Company&rsquo;s assets or stock either directly
or through one or more subsidiaries, the &ldquo;Surviving Corporation&rdquo;) in substantially the same proportions as their ownership,
immediately prior to such Reorganization, Sale or Acquisition, of the outstanding Company Common Stock and the outstanding Company Voting
Securities, as the case may be, and (B)&nbsp;no Person (other than (x)&nbsp;the Company or any Subsidiary of the Company, (y)&nbsp;the
Surviving Corporation or its ultimate parent corporation, or (z)&nbsp;any employee benefit plan (or related trust) sponsored or maintained
by any of the foregoing is the Beneficial Owner, directly or indirectly, of 30% or more of the total common stock or 30% or more of the
total voting power of the outstanding voting securities eligible to elect directors of the Surviving Corporation, and (C)&nbsp;at least
a majority of the members of the board of directors of the Surviving Corporation were Incumbent Directors at the time of the Board&rsquo;s
approval of the execution of the initial agreement providing for such Reorganization, Sale or Acquisition (any Reorganization, Sale or
Acquisition which satisfies all of the criteria specified in (A), (B)&nbsp;and (C)&nbsp;above shall be deemed to be a &ldquo;Non-Qualifying
Transaction&rdquo;); or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(iv)&nbsp;approval by the
stockholders of the Company of a complete liquidation or dissolution of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h) &ldquo;Code&rdquo;
means the Internal Revenue Code of 1986, as amended from time to time. For purposes of this Plan, references to sections of the Code
shall be deemed to include references to any applicable regulations thereunder and any successor or similar provision.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)
 &ldquo;Committee&rdquo; means the committee of the Board described in Article&nbsp;4.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(j)
 &ldquo;Company&rdquo; means LHC Group,&nbsp;Inc., a Delaware corporation, or any successor corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(k) &ldquo;Continuous
Service&rdquo; means the absence of any interruption or termination of service as an employee, officer, consultant or director of
the Company or any Affiliate, as applicable; <U>provided</U>, <U>however</U>, that for purposes of an Incentive Stock Option
 &ldquo;Continuous Service&rdquo; means the absence of any interruption or termination of service as an employee of the Company or
any Parent or Subsidiary, as applicable, pursuant to applicable tax regulations. Continuous Service shall not be considered
interrupted in the following cases: (i)&nbsp;a Participant transfers employment between the Company and an Affiliate or between
Affiliates, (ii)&nbsp;in the discretion of the Committee as specified at or prior to such occurrence, in the case of a spin-off,
sale or disposition of the Participant&rsquo;s employer from the Company or any Affiliate, (iii)&nbsp;in the discretion of the
Committee as specified at or prior to such occurrence, a Participant&rsquo;s employment with the Company or an Affiliate is
terminated, but the Participant continues to serve as a director of the Company or of an Affiliate, or vice versa, (iv)&nbsp;in the
discretion of the Committee as specified at or prior to such occurrence, a Participant transfers from being an employee of the
Company or an Affiliate to being a consultant to the Company or of an Affiliate, or vice versa, or (v)&nbsp;any leave of absence
authorized in writing by the Company prior to its commencement; <U>provided</U>, <U>however</U>, that for purposes of Incentive
Stock Options, no such leave may exceed 90 days, unless reemployment upon expiration of such leave is guaranteed by statute or
contract. If reemployment upon expiration of a leave of absence approved by the Company is not so guaranteed, on the 91st day of
such leave any Incentive Stock Option held by the Participant shall cease to be treated as an Incentive Stock Option and shall be
treated for tax purposes as a Nonstatutory Stock Option. Whether military, government or other service or other leave of absence
shall constitute a termination of Continuous Service shall be determined in each case by the Committee at its discretion, and any
determination by the Committee shall be final and conclusive; <U>provided</U>, <U>however</U>, that for purposes of any Award that
is subject to Code Section&nbsp;409A, the determination of a leave of absence must comply with the requirements of a &ldquo;bona
fide leave of absence&rdquo; as provided in Treas. Reg. Section&nbsp;1.409A-1(h).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(l)
 &ldquo;Disability&rdquo; of a Participant means that the Participant (i)&nbsp;is unable to engage in any substantial gainful
activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be
expected to last for a continuous period of not less than 12 months, or (ii)&nbsp;is, by reason of any medically determinable
physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not
less than 12 months, receiving income replacement benefits for a period of not less than three months under an accident and health
plan covering employees of the Participant&rsquo;s employer. If the determination of Disability relates to an Incentive Stock
Option, Disability means Permanent and Total Disability as defined in Section&nbsp;22(e)(3)&nbsp;of the Code. In the event of a
dispute, the determination of whether a Participant is Disabled will be made by the Committee and may be supported by the advice of
a physician competent in the area to which such Disability relates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(m) &ldquo;Dividend
Equivalent&rdquo; means a right granted with respect to an Award pursuant to Article&nbsp;11.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(n) &ldquo;Effective
Date&rdquo; has the meaning assigned such term in Section&nbsp;3.1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(o) &ldquo;Eligible
Participant&rdquo; means an employee (including a leased employee), officer, director or consultant of the Company or any
Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(p)
 &ldquo;Exchange&rdquo; means any national securities exchange on which the Stock may from time to time be listed or traded.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(q) &ldquo;Fair Market
Value,&rdquo; on any date, means (i)&nbsp;if the Stock is listed on a securities exchange, the closing sales price on the principal
such exchange on such date or, in the absence of reported sales on such date, the closing sales price on the immediately preceding
date on which sales were reported, or (ii)&nbsp;if the Stock is not listed on a securities exchange, the mean between the bid and
offered prices as quoted by the applicable interdealer quotation system for such date, provided that if the Stock is not quoted on
an interdealer quotation system or it is determined that the fair market value is not properly reflected by such quotations, Fair
Market Value will be determined by such other method or procedures as the Committee determines in good faith to be reasonable and in
compliance with Code Section&nbsp;409A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(r) &ldquo;Full-Value
Award&rdquo; means an Award other than in the form of an Option or SAR, and which is settled by the issuance of Stock (or at the
discretion of the Committee, settled in cash valued by reference to Stock value).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(s) &ldquo;Good
Reason&rdquo; (or a similar term denoting constructive termination) has the meaning assigned such term in the employment agreement,
if any, between a Participant and the Company or an Affiliate, provided, however that if there is no such employment agreement in
which such term is defined, and unless otherwise defined in the applicable Award Certificate, &ldquo;Good Reason&rdquo; shall mean
any of the following acts by the Company or an Affiliate without the consent of the Participant (in each case, other than an
isolated, insubstantial and inadvertent action not taken in bad faith and which is remedied by the Company or an Affiliate promptly
after receipt of notice thereof given by the Participant): (i)&nbsp;the assignment to the Participant of duties materially
inconsistent with, or a material diminution in, the Participant&rsquo;s position, authority, duties or responsibilities as in effect
immediately prior to a Change of Control, (ii)&nbsp;a reduction by the Company or an Affiliate in the Participant&rsquo;s base
salary, (iii)&nbsp;the Company or an Affiliate requiring the Participant, without his or her consent, to be based at any office or
location more than 35 miles from the location at which the Participant was stationed immediately prior to a Change of Control, or
(iv)&nbsp;the continuing material breach by the Company or an Affiliate of any employment agreement between the Participant and the
Company or an Affiliate after the expiration of any applicable period for cure.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(t) &ldquo;Grant
Date&rdquo; of an Award means the first date on which all necessary corporate action has been taken to approve the grant of the
Award as provided in the Plan, or such later date as is determined and specified as part of that authorization process. Notice of
the grant shall be provided to the grantee within a reasonable time after the Grant Date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(u) &ldquo;Incentive
Stock Option&rdquo; means an Option that is intended to be an incentive stock option and meets the requirements of Section&nbsp;422
of the Code or any successor provision thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(v) &ldquo;Independent
Directors&rdquo; means those members of the Board of Directors who qualify at any given time as (a)&nbsp;an
 &ldquo;independent&rdquo; director under the applicable rules&nbsp;of each Exchange on which the Shares are listed, and (b)&nbsp;a
 &ldquo;non-employee&rdquo; director under Rule&nbsp;16b-3 of the 1934 Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(w) &ldquo;Non-Employee
Director&rdquo; means a director of the Company who is not a common law employee of the Company or an Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(x) &ldquo;Nonstatutory
Stock Option&rdquo; means an Option that is not an Incentive Stock Option.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(y) &ldquo;Option&rdquo;
means a right granted to a Participant under Article&nbsp;7 of the Plan to purchase Stock at a specified price during specified time
periods. An Option may be either an Incentive Stock Option or a Nonstatutory Stock Option.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(z) &ldquo;Other
Stock-Based Award&rdquo; means a right, granted to a Participant under Article&nbsp;12, that relates to or is valued by reference to
Stock or other Awards relating to Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(aa)
 &ldquo;Parent&rdquo; means a corporation, limited liability company, partnership or other entity which owns or beneficially owns a
majority of the outstanding voting stock or voting power of the Company. Notwithstanding the above, with respect to an Incentive
Stock Option, Parent shall have the meaning set forth in Section&nbsp;424(e)&nbsp;of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(ab)
 &ldquo;Participant&rdquo; means an Eligible Participant who has been granted an Award under the Plan; provided that in the case of
the death of a Participant, the term &ldquo;Participant&rdquo; refers to a beneficiary designated pursuant to Section&nbsp;13.6 or
the legal guardian or other legal representative acting in a fiduciary capacity on behalf of the Participant under applicable state
law and court supervision.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(ac) &ldquo;Performance
Award&rdquo; means any award granted under the Plan pursuant to Article&nbsp;10.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(ad)
 &ldquo;Person&rdquo; means any individual, entity or group, within the meaning of Section&nbsp;3(a)(9)&nbsp;of the 1934 Act and as
used in Section&nbsp;13(d)(3)&nbsp;or 14(d)(2)&nbsp;of the 1934 Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(ae) &ldquo;Plan&rdquo;
means the LHC Group,&nbsp;Inc. 2018 Incentive Plan, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(af) &ldquo;Prior
Plan&rdquo; means the LHC Group Inc. 2010 Long-Term Incentive Plan, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(ag) &ldquo;Restricted Stock&rdquo;
means Stock granted to a Participant under Article&nbsp;9 that is subject to certain restrictions and to risk of forfeiture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(ah) &ldquo;Restricted
Stock Unit&rdquo; means the right granted to a Participant under Article&nbsp;9 to receive shares of Stock (or the equivalent value
in cash or other property if the Committee so provides) in the future, which right is subject to certain restrictions and to risk of
forfeiture.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(ai)
 &ldquo;Retirement&rdquo; means a Participant&rsquo;s voluntary termination of employment with the Company or an Affiliate after
attaining any normal retirement age specified in any pension, profit sharing or other retirement program sponsored by the Company,
or, in the event of the inapplicability thereof with respect to the Participant in question, (i)&nbsp;after attaining age 62, or
(ii)&nbsp;after attaining age 55 and having at least 10 years of service with the Company or an Affiliate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(aj) &ldquo;Shares&rdquo;
means shares of the Company&rsquo;s Stock. If there has been an adjustment or substitution with respect to the Shares (whether or not
pursuant to Article&nbsp;14), the term &ldquo;Shares&rdquo; shall also include any shares of stock or other securities that are substituted
for Shares or into which Shares are adjusted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(ak) &ldquo;Stock&rdquo;
means the $0.01 par value common stock of the Company and such other securities of the Company as may be substituted for Stock
pursuant to Article&nbsp;14.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(al) &ldquo;Stock
Appreciation Right&rdquo; or &ldquo;SAR&rdquo; means a right granted to a Participant under Article&nbsp;8 to receive a payment
equal to the difference between the Fair Market Value of a Share as of the date of exercise of the SAR over the base price of the
SAR, all as determined pursuant to Article&nbsp;8.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(am)
 &ldquo;Subsidiary&rdquo; means any corporation, limited liability company, partnership or other entity of which a majority of the
outstanding voting stock or voting power is beneficially owned directly or indirectly by the Company. Notwithstanding the above,
with respect to an Incentive Stock Option, Subsidiary shall have the meaning set forth in Section&nbsp;424(f)&nbsp;of the Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(an) &ldquo;1933
Act&rdquo; means the Securities Act of 1933, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(ao) &ldquo;1934
Act&rdquo; means the Securities Exchange Act of 1934, as amended from time to time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE&nbsp;3</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EFFECTIVE TERM OF PLAN</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">3.1. <U>EFFECTIVE DATE</U>.
The Plan will become effective on the date that it is adopted by the Company&rsquo;s stockholders (the &ldquo;Effective Date&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">3.2. <U>TERM OF PLAN</U>.
Unless earlier terminated as provided herein, the Plan shall continue in effect until the tenth anniversary of the Effective Date or,
if the stockholders approve an amendment to the Plan that increases the number of Shares subject to the Plan, the tenth anniversary of
the date of such approval. The termination of the Plan on such date shall not affect the validity of any Award outstanding on the date
of termination, which shall continue to be governed by the applicable terms and conditions of the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE&nbsp;4</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ADMINISTRATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.1. <U>COMMITTEE</U>. The
Plan shall be administered by a Committee appointed by the Board (which Committee shall consist of at least two directors) or, at the
discretion of the Board from time to time, the Plan may be administered by the Board. It is intended that at least two of the directors
appointed to serve on the Committee shall be Independent Directors and that any such members of the Committee who do not so qualify shall
abstain from participating in any decision to make or administer Awards that are made to Eligible Participants who at the time of consideration
for such Award are persons subject to the short-swing profit rules&nbsp;of Section&nbsp;16 of the 1934 Act. However, the mere fact that
a Committee member shall fail to qualify as an Independent Director or shall fail to abstain from such action shall not invalidate any
Award made by the Committee which Award is otherwise validly made under the Plan. The members of the Committee shall be appointed by,
and may be changed at any time and from time to time in the discretion of, the Board. Unless and until changed by the Board, the Compensation
Committee of the Board is designated as the Committee to administer the Plan. The Board may reserve to itself any or all of the authority
and responsibility of the Committee under the Plan or may act as administrator of the Plan for any and all purposes. To the extent the
Board has reserved any authority and responsibility or during any time that the Board is acting as administrator of the Plan, it shall
have all the powers and protections of the Committee hereunder, and any reference herein to the Committee (other than in this Section&nbsp;4.1)
shall include the Board. To the extent any action of the Board under the Plan conflicts with actions taken by the Committee, the actions
of the Board shall control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.2. <U>ACTION AND INTERPRETATIONS
BY THE COMMITTEE</U>. For purposes of administering the Plan, the Committee may from time to time adopt rules, regulations, guidelines
and procedures for carrying out the provisions and purposes of the Plan and make such other determinations, not inconsistent with the
Plan, as the Committee may deem appropriate. The Committee may correct any defect, supply any omission or reconcile any inconsistency
in the Plan or in any Award in the manner and to the extent it deems necessary to carry out the intent of the Plan. The Committee&rsquo;s
interpretation of the Plan, any Awards granted under the Plan, any Award Certificate and all decisions and determinations by the Committee
with respect to the Plan are final, binding, and conclusive on all parties and shall be given the maximum deference permitted by applicable
law. Each member of the Committee is entitled to, in good faith, rely or act upon any report or other information furnished to that member
by any officer or other employee of the Company or any Affiliate, the Company&rsquo;s or an Affiliate&rsquo;s independent certified public
accountants, Company counsel or any executive compensation consultant or other professional retained by the Company or the Committee to
assist in the administration of the Plan. No member of the Committee will be liable for any good faith determination, act or omission
in connection with the Plan or any Award.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.3. <U>AUTHORITY OF COMMITTEE</U>.
Except as provided in Section&nbsp;4.1 hereof, the Committee has the exclusive power, authority and discretion to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">(a) <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Grant
Awards to Eligible Participants;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="text-indent: 0.5in; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">(b) <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Designate Participants;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;Determine the type
or types of Awards to be granted to each Participant;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;Determine the number
of Awards to be granted and the number of Shares or dollar amount to which an Award will relate;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;Determine the terms
and conditions of any Award granted under the Plan;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;Prescribe the form
of each Award Certificate, which need not be identical for each Participant;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;Decide all other
matters that must be determined in connection with an Award;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)&nbsp;Establish, adopt
or revise any rules, regulations, guidelines or procedures as it may deem necessary or advisable to administer the Plan;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(i)&nbsp;Make all other decisions
and determinations that may be required under the Plan or as the Committee deems necessary or advisable to administer the Plan; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(j)&nbsp;Amend the Plan or
any Award Certificate as provided herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.4. <U>DELEGATION</U>. The
Committee may, by resolution, expressly delegate to a special committee, consisting of one or more directors who may but need not be officers
of the Company, the authority, within specified parameters as to the number and terms of Awards, to (i)&nbsp;designate officers and/or
employees of the Company or any of its Affiliates to be recipients of Awards under the Plan, and (ii)&nbsp;to determine the number of
such Awards to be received by any such Participants; <U>provided</U>, <U>however</U>, that such delegation of duties and responsibilities
to an officer of the Company may not be made with respect to the grant of Awards to eligible participants who are subject to Section&nbsp;16(a)&nbsp;of
the 1934 Act at the Grant Date. The acts of such delegates shall be treated hereunder as acts of the Board and such delegates shall report
regularly to the Board and the Compensation Committee regarding the delegated duties and responsibilities and any Awards so granted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">4.5. <U>INDEMNIFICATION</U>.
Each person who is or shall have been a member of the Committee, or the Board, or an officer of the Company to whom authority was delegated
in accordance with this Article&nbsp;4, shall be indemnified and held harmless by the Company against and from any loss, cost, liability,
or expense that may be imposed upon or reasonably incurred by him or her in connection with or resulting from any claim, action, suit,
or proceeding to which he or she may be a party or in which he or she may be involved by reason of any action taken or failure to act
under the Plan and against and from any and all amounts paid by him or her in settlement thereof, with the Company&rsquo;s approval, or
paid by him or her in satisfaction of any judgment in any such action, suit, or proceeding against him or her, provided he or she shall
give the Company an opportunity, at its own expense, to handle and defend the same before he or she undertakes to handle and defend it
on his or her own behalf, unless such loss, cost, liability, or expense is a result of his or her own willful misconduct or except as
expressly provided by statute. The foregoing right of indemnification shall not be exclusive of any other rights of indemnification to
which such persons may be entitled under the Company&rsquo;s charter or bylaws, as a matter of law, or otherwise, or any power that the
Company may have to indemnify them or hold them harmless.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE&nbsp;5</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SHARES SUBJECT TO THE PLAN</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.1. <U>NUMBER OF SHARES</U>.
Subject to adjustment as provided in Sections 5.2 and Section&nbsp;14.1, the aggregate number of Shares reserved and available for issuance
pursuant to Awards granted under the Plan shall be 2,000,000, plus a number of additional Shares (not to exceed 300,000) underlying awards
outstanding as of the Effective Date under the Prior Plan that thereafter terminate or expire unexercised, or are canceled, forfeited
or lapse for any reason. The maximum number of Shares that may be issued upon exercise of Incentive Stock Options granted under the Plan
shall be 2,000,000. From and after the Effective Date, no further awards shall be granted under the Prior Plan and the Prior Plan shall
remain in effect only so long as awards granted thereunder shall remain outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.2. <U>SHARE COUNTING</U>.
Shares covered by an Award shall be subtracted from the Plan share reserve as of the Grant Date, but shall be added back to the Plan share
reserve or otherwise treated in accordance with this Section&nbsp;5.2.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;The full number of
Shares subject to the Option shall count against the number of Shares remaining available for issuance pursuant to Awards granted under
the Plan, even if the exercise price of an Option is satisfied through net-settlement or by delivering Shares to the Company (by either
actual delivery or attestation).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;Upon exercise of
Stock Appreciation Rights that are settled in Shares, the full number of Stock Appreciation Rights (rather than any lesser number based
on the net number of Shares actually delivered upon exercise) shall count against the number of Shares remaining available for issuance
pursuant to Awards granted under the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;Shares withheld from
an Award to satisfy tax withholding requirements shall count against the number of Shares remaining available for issuance pursuant to
Awards granted under the Plan, and Shares delivered by a participant to satisfy tax withholding requirements shall not be added to the
Plan share reserve.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;To the extent that
an Award is canceled, terminates, expires, is forfeited or lapses for any reason, any unissued or forfeited Shares subject to the Award
will be added back to the Plan share reserve and again be available for issuance pursuant to Awards granted under the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;Shares subject to
Awards settled in cash will be added back to the Plan share reserve and again be available for issuance pursuant to Awards granted under
the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;To the extent that
the full number of Shares subject to a Full Value Award is not issued for any reason, including by reason of failure to achieve maximum
performance goals, the unissued Shares originally subject to the Award will be added back to the Plan share reserve and again be available
for issuance pursuant to Awards granted under the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;Substitute Awards
granted pursuant to Section&nbsp;13.10 of the Plan shall not count against the Shares otherwise available for issuance under the Plan
under Section&nbsp;5.1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(h)&nbsp;Subject to applicable
Exchange requirements, shares available under a stockholder-approved plan of a company acquired by the Company (as appropriately adjusted
to Shares to reflect the transaction) may be issued under the Plan pursuant to Awards granted to individuals who were not employees of
the Company or its Affiliates immediately before such transaction and will not count against the maximum share limitation specified in
Section&nbsp;5.1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">5.3. <U>STOCK DISTRIBUTED</U>.
Any Stock distributed pursuant to an Award may consist, in whole or in part, of authorized and unissued Stock, treasury Stock or Stock
purchased on the open market.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">5.4. <U>LIMITATION ON AWARDS</U>. Notwithstanding
any provision in the Plan to the contrary (but subject to adjustment as provided in Article&nbsp;14):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;<U>Options</U>. The
maximum number of Options granted under the Plan in any calendar year to any one Participant shall be for 300,000 Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;<U>SARs</U>. The
maximum number of Stock Appreciation Rights granted under the Plan in any calendar year to any one Participant shall be with respect to
300,000 Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(c)&nbsp;<U>Restricted Stock or Restricted Stock
Units</U>. The maximum number of Shares underlying of Awards of Restricted Stock or Restricted Stock Units granted under the Plan in any
calendar year to any one Participant shall be 3000,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;<U>Awards to Non-Employee
Directors</U>. The maximum number of Shares subject to Non-Employee Director Awards that may be granted under the Plan to any Non-Employee
Director in any calendar year shall be limited to a number that, combined with any cash fees or other compensation paid to such Non-Employee
Director, shall not exceed $400,000 in total value (calculating the value of any such Non-Employee Director Awards based on the grant
date fair value of such Awards for financial reporting purposes).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE&nbsp;6</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>MINIMUM VESTING; DISCRETION TO ACCELERATE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">6.1. <U>MINIMUM VESTING REQUIREMENTS</U>.
Except in the case of substitute Awards granted pursuant to Section&nbsp;13.10 and to the following sentence, Full Value Awards, Options
and SARs granted under the Plan to an Eligible Participant shall be subject to a minimum vesting period of one year (with provision for
accelerated vesting permitted only in the event of the Participant&rsquo;s termination service due to death or Disability). Notwithstanding
the foregoing, the Committee may grant Awards without the above-described minimum vesting requirements with respect to Awards covering
5% or fewer of the total number of Shares authorized under the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">6.2. <U>LIMITED DISCRETION
TO ACCELERATE VESTING</U>. The Committee may in its sole discretion at any time determine that, upon the Participant&rsquo;s death or
Disability or Retirement, all or a portion of such Participant&rsquo;s Options, SARs and other Awards in the nature of rights that may
be exercised shall become fully or partially exercisable, that all or a part of the restrictions on all or a portion of the Participant&rsquo;s
outstanding Awards shall lapse, and/or that any performance-based criteria with respect to any Awards held by that Participant shall be
deemed to be wholly or partially satisfied, in each case, as of such date as the Committee may, in its sole discretion, declare. The Committee
may discriminate among Participants and among Awards granted to a Participant in exercising its discretion pursuant to this Section&nbsp;6.2.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>



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<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>ARTICLE&nbsp;7</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>STOCK OPTIONS</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.1. <U>GENERAL</U>. The Committee
is authorized to grant Options to Eligible Participants on the following terms and conditions:</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;<U>EXERCISE PRICE</U>.
The exercise price per Share under an Option shall be determined by the Committee, provided that the exercise price for any Option (other
than an Option issued as a substitute Award pursuant to Section&nbsp;13.10) shall not be less than the Fair Market Value as of the Grant
Date.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;<U>PROHIBITION ON
REPRICING</U>. Except as otherwise provided in Article&nbsp;14, without the prior approval of stockholders of the Company: (i)&nbsp;the
exercise price of an Option may not be reduced, directly or indirectly, (ii)&nbsp;an Option may not be canceled in exchange for an Option,
SAR or other Award with an exercise or base price that is less than the exercise price of the original Option, or otherwise, and (iii)&nbsp;the
Company may not repurchase an Option for value (in cash or otherwise) from a Participant if the current Fair Market Value of the Shares
underlying the Option is lower than the exercise price per share of the Option</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;<U>TIME AND CONDITIONS
OF EXERCISE</U>. The Committee shall determine the time or times at which an Option may be exercised in whole or in part, subject to Sections
6.1 and 7.1(e), including a provision that an Option that is otherwise exercisable and has an exercise price that is less than the Fair
Market Value of the Stock on the last day of its term will be automatically exercised on such final date of the term by means of a &ldquo;net
exercise,&rdquo; thus entitling the optionee to Shares equal to the intrinsic value of the Option on such exercise date, less the number
of Shares required for tax withholding. The Committee shall also determine the performance or other conditions, if any, that must be satisfied
before all or part of an Option may be exercised or vested.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;<U>PAYMENT</U>. The
Committee shall determine the methods by which the exercise price of an Option may be paid, the form of payment, and the methods by which
Shares shall be delivered or deemed to be delivered to Participants. As determined by the Committee at or after the Grant Date, payment
of the exercise price of an Option may be made, in whole or in part, in the form of (i)&nbsp;cash or cash equivalents, (ii)&nbsp;delivery
(by either actual delivery or attestation) of previously-acquired Shares based on the Fair Market Value of the Shares on the date the
Option is exercised, (iii)&nbsp;withholding of Shares from the Option based on the Fair Market Value of the Shares on the date the Option
is exercised, (iv)&nbsp;broker-assisted market sales, or (iv)&nbsp;any other &ldquo;cashless exercise&rdquo; arrangement.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;<U>EXERCISE TERM</U>.
Except for Nonstatutory Options granted to Participants outside the United States, no Option granted under the Plan shall be exercisable
for more than ten years from the Grant Date.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;<U>NO DEFERRAL FEATURE</U>.
No Option shall provide for any feature for the deferral of compensation other than the deferral of recognition of income until the exercise
or disposition of the Option.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;<U>NO DIVIDEND EQUIVALENTS</U>.
No Option shall provide for Dividend Equivalents.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">7.2. <U>INCENTIVE STOCK OPTIONS</U>.
The terms of any Incentive Stock Options granted under the Plan must comply with the requirements of Section&nbsp;422 of the Code. Without
limiting the foregoing, any Incentive Stock Option granted to a Participant who at the Grant Date owns more than 10% of the voting power
of all classes of shares of the Company must have an exercise price per Share of not less than 110% of the Fair Market Value per Share
on the Grant Date and an Option term of not more than five years. If all of the requirements of Section&nbsp;422 of the Code (including
the above) are not met, the Option shall automatically become a Nonstatutory Stock Option.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>ARTICLE&nbsp;8</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>STOCK APPRECIATION RIGHTS</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">8.1. <U>GRANT OF Stock Appreciation
Rights</U>. The Committee is authorized to grant Stock Appreciation Rights to Eligible Participants on the following terms and conditions:</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;<U>RIGHT TO PAYMENT</U>.
Upon the exercise of a SAR, the Participant has the right to receive, for each Share with respect to which the SAR is being exercised,
the excess, if any, of:</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(1)&nbsp;The Fair Market
Value of one Share on the date of exercise; over</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(2)&nbsp;The base price of
the SAR as determined by the Committee and set forth in the Award Certificate, which shall not be less than the Fair Market Value of one
Share on the Grant Date.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;<U>PROHIBITION ON
REPRICING</U>. Except as otherwise provided in Article&nbsp;14, without the prior approval of stockholders of the Company: (i)&nbsp;the
base price of a SAR may not be reduced, directly or indirectly, (ii)&nbsp;a SAR may not be canceled in exchange for an Option, SAR or
other Award with an exercise or base price that is less than the base price of the original SAR, or otherwise, and (iii)&nbsp;the Company
may not repurchase a SAR for value (in cash or otherwise) from a Participant if the current Fair Market Value of the Shares underlying
the SAR is lower than the base price per share of the SAR.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;<U>TIME AND CONDITIONS
OF EXERCISE</U>. The Committee shall determine the time or times at which a SAR may be exercised in whole or in part, subject to Section&nbsp;6.1,
including a provision that a SAR that is otherwise exercisable and has a base price that is less than the Fair Market Value of the Stock
on the last day of its term will be automatically exercised on such final date of the term, thus entitling the holder to cash or Shares
equal to the intrinsic value of the SAR on such exercise date, less the cash or number of Shares required for tax withholding. Except
for SARs granted to Participants outside the United States, no SAR shall be exercisable for more than ten years from the Grant Date.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;<U>NO DEFERRAL FEATURE</U>.
No SAR shall provide for any feature for the deferral of compensation other than the deferral of recognition of income until the exercise
or disposition of the SAR.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;<U>NO DIVIDEND EQUIVALENTS</U>.
No SAR shall provide for Dividend Equivalents.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>ARTICLE&nbsp;9</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>RESTRICTED STOCK AND RESTRICTED STOCK UNITS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">9.1. <U>GRANT OF RESTRICTED
STOCK AND RESTRICTED STOCK UNITS</U>. The Committee is authorized to make Awards of Restricted Stock or Restricted Stock Units to Eligible
Participants in such amounts and subject to such terms and conditions as may be selected by the Committee and set forth in an Award Certificate
setting forth the terms, conditions and restrictions applicable to the Award.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">9.2. <U>ISSUANCE AND RESTRICTIONS</U>.
Restricted Stock or Restricted Stock Units shall be subject to such restrictions on transferability and other restrictions as the Committee
may impose (including, for example, limitations on the right to vote Restricted Stock or the right to receive dividends on the Restricted
Stock). These restrictions may lapse separately or in combination at such times, under such circumstances, in such installments, upon
the satisfaction of performance goals or otherwise, as the Committee determines at the time of the grant of the Award or thereafter, subject
to Section&nbsp;6.1. Except as otherwise provided in an Award Certificate or any special Plan document governing an Award, a Participant
shall have none of the rights of a stockholder with respect to Restricted Stock Units until such time as Shares of Stock are paid in settlement
of such Awards.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">9.3 <U>DIVIDENDS ON RESTRICTED
STOCK</U>. In the case of Restricted Stock, the Committee may provide that ordinary cash dividends declared on the Shares before they
are vested (i)&nbsp;will be forfeited; (ii)&nbsp;will be deemed to have been reinvested in additional Shares or otherwise reinvested (subject
to Share availability under Section&nbsp;5.1 hereof and subject to the same vesting provisions as provided for the host Award); or (iii)&nbsp;will
be credited by the Company to an account for the Participant and accumulated without interest until the date upon which the host Award
becomes vested, and any dividends accrued with respect to forfeited Restricted Stock will be reconveyed to the Company without further
consideration or any act or action by the Participant. In no event shall dividends be paid or distributed until the vesting restrictions
of the underlying Restricted Stock Award lapse.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">9.4. <U>FORFEITURE</U>. Subject
to the terms of the Award Certificate and except as otherwise determined by the Committee at the time of the grant of the Award or thereafter,
upon termination of Continuous Service during the applicable restriction period or upon failure to satisfy a performance goal during the
applicable restriction period, Restricted Stock or Restricted Stock Units that are at that time subject to restrictions shall be forfeited.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">9.5. <U>DELIVERY OF RESTRICTED
STOCK</U>. Shares of Restricted Stock shall be delivered to the Participant at the Grant Date either by book-entry registration or by
delivering to the Participant, or a custodian or escrow agent (including, without limitation, the Company or one or more of its employees)
designated by the Committee, a stock certificate or certificates registered in the name of the Participant. If physical certificates representing
shares of Restricted Stock are registered in the name of the Participant, such certificates must bear an appropriate legend referring
to the terms, conditions, and restrictions applicable to such Restricted Stock.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>ARTICLE&nbsp;10</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>PERFORMANCE AWARDS</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.1. <U>GRANT OF
PERFORMANCE AWARDS</U>. The Committee is authorized to grant any Award under this Plan, including cash-based Awards, with
performance-based vesting criteria, on such terms and conditions as may be selected by the Committee. Any such Awards with
performance-based vesting criteria are referred to herein as Performance Awards. The Committee shall have the complete discretion to
determine the number of Performance Awards granted to each Participant, subject to Section&nbsp;5.4, and to designate the provisions
of such Performance Awards as provided in Section&nbsp;4.3.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">10.2. <U>PERFORMANCE GOALS</U>.
The Committee may establish performance goals for Performance Awards which may be based on any criteria selected by the Committee. Such
performance goals may be described in terms of Company-wide objectives or in terms of objectives that relate to the performance of the
Participant, an Affiliate or a division, region, department or function within the Company or an Affiliate. If the Committee determines
that a change in the business, operations, corporate structure or capital structure of the Company or the manner in which the Company
or an Affiliate conducts its business, or other events or circumstances render performance goals to be unsuitable, the Committee may equitably
modify such performance goals in whole or in part, as the Committee deems appropriate. If a Participant is promoted, demoted or transferred
to a different business unit or function during a performance period, the Committee may determine that the performance goals or performance
period are no longer appropriate and may (i)&nbsp;adjust, change or eliminate the performance goals or the applicable performance period
as it deems appropriate to make such goals and period comparable to the initial goals and period, or (ii)&nbsp;make a cash payment to
the participant in an amount determined by the Committee.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>ARTICLE&nbsp;11</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>DIVIDEND EQUIVALENTS</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">11.1. <U>GRANT OF DIVIDEND
EQUIVALENTS</U>. The Committee is authorized to grant Dividend Equivalents with respect to Full-Value Awards granted hereunder, subject
to such terms and conditions as may be selected by the Committee. Dividend Equivalents shall entitle the Participant to receive payments
equal to ordinary cash dividends or distributions with respect to all or a portion of the number of Shares subject to a Full-Value Award,
as determined by the Committee. The Committee may provide that Dividend Equivalents (i)&nbsp;will be deemed to have been reinvested in
additional Shares or otherwise reinvested, which shall be subject to the same vesting provisions as provided for the host Award, or (ii)&nbsp;will
be credited by the Company to an account for the Participant and accumulated without interest until the date upon which the host Award
becomes vested, and any Dividend Equivalents accrued with respect to forfeited Awards will be reconveyed to the Company without further
consideration or any act or action by the Participant. In no event shall Dividend Equivalents be paid or distributed until the host Award
is earned and vested.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>ARTICLE&nbsp;12</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>STOCK OR OTHER STOCK-BASED AWARDS</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">12.1. <U>GRANT OF STOCK OR
OTHER STOCK-BASED AWARDS</U>. The Committee is authorized, subject to limitations under applicable law, to grant to Eligible Participants
such other Awards that are payable in, valued in whole or in part by reference to, or otherwise based on or related to Shares, as deemed
by the Committee to be consistent with the purposes of the Plan, including without limitation (but subject to Section&nbsp;6.1), Shares
awarded purely as a &ldquo;bonus&rdquo; and not subject to any restrictions or conditions, convertible or exchangeable debt securities,
other rights convertible or exchangeable into Shares, and Awards valued by reference to book value of Shares or the value of securities
of or the performance of specified Parents or Subsidiaries. The Committee shall determine the terms and conditions of such Awards.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>ARTICLE&nbsp;13</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>PROVISIONS APPLICABLE TO AWARDS</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">13.1. <U>ELIGIBILITY</U>.
Awards may be granted only to Eligible Participants. Incentive Stock Options may be granted only to Eligible Participants who are employees
of the Company or a Parent or Subsidiary as defined in Section&nbsp;424(e)&nbsp;and (f)&nbsp;of the Code. Eligible Participants who are
service providers to an Affiliate may be granted Options or SARs under this Plan only if the Affiliate qualifies as an &ldquo;eligible
issuer of service recipient stock&rdquo; within the meaning of &sect;1.409A-1(b)(5)(iii)(E)&nbsp;of the final regulations under Code Section&nbsp;409A.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">13.2. <U>NON-EMPLOYEE DIRECTOR
AWARDS</U>. Notwithstanding any of the foregoing, grants of Awards to Non-Employee Directors hereunder shall (i)&nbsp;be subject to the
applicable award limits set forth in Section&nbsp;5.4 hereof, and (ii)&nbsp;be made only in accordance with the terms, conditions and
parameters of a plan, program or policy for the compensation of Non-Employee Directors as in effect from time to time that is approved
and administered by a committee of the Board consisting solely of Independent Directors. The Committee may not make other discretionary
grants hereunder to Non-Employee Directors.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">13.3. <U>AWARD CERTIFICATES</U>.
Each Award shall be evidenced by an Award Certificate. Each Award Certificate shall include such provisions, not inconsistent with the
Plan, as may be specified by the Committee.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">13.4. <U>FORM&nbsp;OF
PAYMENT FOR AWARDS</U>. At the discretion of the Committee, payment of Awards may be made in cash, Stock, a combination of cash and
Stock, or any other form of property as the Committee shall determine. In addition, payment of Awards may include such terms,
conditions, restrictions and/or limitations, if any, as the Committee deems appropriate, including, in the case of Awards paid in
the form of Stock, restrictions on transfer and forfeiture provisions. Further, payment of Awards may be made in the form of a lump
sum, or in installments, as determined by the Committee.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">13.5. <U>LIMITS ON TRANSFER</U>.
No right or interest of a Participant in any unexercised or restricted Award may be pledged, encumbered, or hypothecated to or in favor
of any party other than the Company or an Affiliate, or shall be subject to any lien, obligation, or liability of such Participant to
any other party other than the Company or an Affiliate. No unexercised or restricted Award shall be assignable or transferable by a Participant
other than by will or the laws of descent and distribution; <U>provided</U>, <U>however</U>, that the Committee may (but need not) permit
other transfers (other than transfers for value) where the Committee concludes that such transferability (i)&nbsp;does not result in accelerated
taxation, (ii)&nbsp;does not cause any Option intended to be an Incentive Stock Option to fail to be described in Code Section&nbsp;422(b),
and (iii)&nbsp;is otherwise appropriate and desirable, taking into account any factors deemed relevant, including without limitation,
state or federal tax or securities laws applicable to transferable Awards.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">13.6. <U>BENEFICIARIES</U>.
Notwithstanding Section&nbsp;13.5, a Participant may, in the manner determined by the Committee, designate a beneficiary to exercise the
rights of the Participant and to receive any distribution with respect to any Award upon the Participant&rsquo;s death. A beneficiary,
legal guardian, legal representative, or other person claiming any rights under the Plan is subject to all terms and conditions of the
Plan and any Award Certificate applicable to the Participant, except to the extent the Plan and Award Certificate otherwise provide, and
to any additional restrictions deemed necessary or appropriate by the Committee. If no beneficiary has been designated or survives the
Participant, any payment due to the Participant shall be made to the Participant&rsquo;s estate. Subject to the foregoing, a beneficiary
designation may be changed or revoked by a Participant, in the manner provided by the Company, at any time provided the change or revocation
is filed with the Company.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">13.7. <U>STOCK TRADING RESTRICTIONS</U>.
All Stock issuable under the Plan is subject to any stop-transfer orders and other restrictions as the Committee deems necessary or advisable
to comply with federal or state securities laws, rules&nbsp;and regulations and the rules&nbsp;of any national securities exchange or
automated quotation system on which the Stock is listed, quoted, or traded. The Committee may place legends on any Stock certificate or
issue instructions to the transfer agent to reference restrictions applicable to the Stock.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">13.8. <U>EFFECT OF A CHANGE
IN CONTROL</U>. The provisions of this Section&nbsp;13.8 shall apply in the case of a Change in Control.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;<U>Awards Assumed
or Substituted by Surviving Entity</U>. With respect to Awards assumed by the surviving entity or otherwise equitably converted or substituted
in connection with a Change in Control: if within two years after the effective date of the Change in Control, a Participant&rsquo;s employment
is terminated without Cause or the Participant resigns for Good Reason, then (i)&nbsp;all of that Participant&rsquo;s outstanding Options,
SARs and other Awards in the nature of rights that may be exercised shall become fully exercisable, (ii)&nbsp;all time-based vesting restrictions
on his or her outstanding Awards shall lapse, and (iii)&nbsp;the payout level under all of that Participant&rsquo;s performance-based
Awards that were outstanding immediately prior to effective time of the Change in Control shall be determined and deemed to have been
earned as of the date of termination based upon (A)&nbsp;an assumed achievement of all relevant performance goals at the &ldquo;target&rdquo;
level if the date of termination occurs during the first half of the applicable performance period, or (B)&nbsp;the actual level of achievement
of all relevant performance goals against pro rata target levels (measured as of the end of the calendar quarter immediately preceding
the date of termination), if the date of termination occurs during the second half of the applicable performance period, and, in either
such case, there shall be a prorata payout to such Participant within sixty (60) days following the date of termination of employment
(unless a later date is required by Section&nbsp;16.3 hereof), based upon the length of time within the performance period that has elapsed
prior to the date of termination of employment. With regard to each Award, a Participant shall not be considered to have resigned for
Good Reason unless either (i)&nbsp;the Award Certificate includes such provision or (ii)&nbsp;the Participant is party to an employment,
severance or similar agreement with the Company or an Affiliate that includes provisions in which the Participant is permitted to resign
for Good Reason. Any Awards shall thereafter continue or lapse in accordance with the other provisions of the Plan and the Award Certificate.
To the extent that this provision causes Incentive Stock Options to exceed the dollar limitation set forth in Code Section&nbsp;422(d),
the excess Options shall be deemed to be Nonstatutory Stock Options.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;<U>Awards not
Assumed or Substituted by Surviving Entity</U>. Upon the occurrence of a Change in Control, and except with respect to any Awards
assumed by the surviving entity or otherwise equitably converted or substituted in connection with the Change in Control in a manner
approved by the Committee or the Board: (i)&nbsp;outstanding Options, SARs, and other Awards in the nature of rights that may be
exercised shall become fully exercisable, (ii)&nbsp;time-based vesting restrictions on outstanding Awards shall lapse, and
(iii)&nbsp;the payout level under outstanding performance-based Awards shall be determined and deemed to have been earned as of the
effective date of the Change in Control based upon (A)&nbsp;an assumed achievement of all relevant performance goals at the
 &ldquo;target&rdquo; level if the Change in Control occurs during the first half of the applicable performance period, or
(B)&nbsp;the actual level of achievement of all relevant performance goals against pro rata target levels measured as of the date of
the Change in Control, if the Change in Control occurs during the second half of the applicable performance period, and, in either
such case, there shall be a prorata payout to Participants within sixty (60) days following the Change in Control (unless a later
date is required by Section&nbsp;16.3 hereof), based upon the length of time within the performance period that has elapsed prior to
the Change in Control. Any Awards shall thereafter continue or lapse in accordance with the other provisions of the Plan and the
Award Certificate. To the extent that this provision causes Incentive Stock Options to exceed the dollar limitation set forth in
Code Section&nbsp;422(d), the excess Options shall be deemed to be Nonstatutory Stock Options.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">13.9. <U>FORFEITURE EVENTS</U>.
Awards under the Plan shall be subject to any compensation recoupment policy that the Company may adopt from time to time that is applicable
by its terms to the Participant. In addition, the Committee may specify in an Award Certificate that the Participant&rsquo;s rights, payments
and benefits with respect to an Award shall be subject to reduction, cancellation, forfeiture or recoupment upon the occurrence of certain
specified events, in addition to any otherwise applicable vesting or performance conditions of an Award. Such events may include, but
shall not be limited to, (i)&nbsp;termination of employment for cause, (ii)&nbsp;violation of material Company or Affiliate policies,
(iii)&nbsp;breach of noncompetition, confidentiality or other restrictive covenants that may apply to the Participant, (iv)&nbsp;other
conduct by the Participant that is detrimental to the business or reputation of the Company or any Affiliate, or (v)&nbsp;a later determination
that the vesting of, or amount realized from, a Performance Award was based on materially inaccurate financial statements or any other
materially inaccurate performance metric criteria, whether or not the Participant caused or contributed to such material inaccuracy.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">13.10. <U>SUBSTITUTE AWARDS</U>.
The Committee may grant Awards under the Plan in substitution for stock and stock-based awards held by employees of another entity who
become employees of the Company or an Affiliate as a result of a merger or consolidation of the former employing entity with the Company
or an Affiliate or the acquisition by the Company or an Affiliate of property or stock of the former employing corporation. The Committee
may direct that the substitute awards be granted on such terms and conditions as the Committee considers appropriate in the circumstances.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>ARTICLE&nbsp;14</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>CHANGES IN CAPITAL STRUCTURE</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">14.1. <U>MANDATORY ADJUSTMENTS</U>.
In the event of a nonreciprocal transaction between the Company and its stockholders that causes the per-share value of the Stock to change
(including, without limitation, any stock dividend, stock split, spin-off, rights offering, or large nonrecurring cash dividend), the
authorization limits under Sections 5.1 and 5.4 shall be adjusted proportionally, and the Committee shall make such adjustments to the
Plan and Awards as it deems necessary, in its sole discretion, to prevent dilution or enlargement of rights immediately resulting from
such transaction. Action by the Committee may include: (i)&nbsp;adjustment of the number and kind of shares that may be delivered under
the Plan; (ii)&nbsp;adjustment of the number and kind of shares subject to outstanding Awards; (iii)&nbsp;adjustment of the exercise price
of outstanding Awards or the measure to be used to determine the amount of the benefit payable on an Award; and (iv)&nbsp;any other adjustments
that the Committee determines to be equitable. Notwithstanding the foregoing, the Committee shall not make any adjustments to outstanding
Options or SARs that would constitute a modification or substitution of the stock right under Treas. Reg. Sections 1.409A-1(b)(5)(v)&nbsp;that
would be treated as the grant of a new stock right or change in the form of payment for purposes of Code Section&nbsp;409A. Without limiting
the foregoing, in the event of a subdivision of the outstanding Stock (stock-split), a declaration of a dividend payable in Shares, or
a combination or consolidation of the outstanding Stock into a lesser number of Shares, the authorization limits under Section&nbsp;5.1
and 5.4 shall automatically be adjusted proportionately, and the Shares then subject to each Award shall automatically, without the necessity
for any additional action by the Committee, be adjusted proportionately without any change in the aggregate purchase price therefor.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">14.2 <U>DISCRETIONARY ADJUSTMENTS</U>.
Upon the occurrence or in anticipation of any corporate event or transaction involving the Company (including, without limitation, any
merger, reorganization, recapitalization, combination or exchange of shares, or any transaction described in Section&nbsp;14.1), the Committee
may, in its sole discretion, provide (i)&nbsp;that Awards will be settled in cash rather than Stock, (ii)&nbsp;that Awards will become
immediately vested and non-forfeitable and exercisable (in whole or in part) and will expire after a designated period of time to the
extent not then exercised (provided that Participants shall be provided with advance written notice of any such exercise period and such
period shall allow Participants a reasonable period of time in which to exercise such Awards), (iii)&nbsp;that Awards will be assumed
by another party to a transaction or otherwise be equitably converted or substituted in connection with such transaction, (iv)&nbsp;that
outstanding Awards may be settled by payment in cash or cash equivalents equal to the excess of the fair market value of the underlying
Stock, as of a specified date associated with the transaction (or the per-shares transaction price), over the exercise or base price of
the Award, (v)&nbsp;that performance targets and performance periods for Performance Awards will be modified, or (vi)&nbsp;any combination
of the foregoing. The Committee&rsquo;s determination need not be uniform and may be different for different Participants whether or not
such Participants are similarly situated.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">14.3 <U>GENERAL</U>. Any discretionary
adjustments made pursuant to this Article&nbsp;14 shall be subject to the provisions of Section&nbsp;15.2. To the extent that any adjustments
made pursuant to this Article&nbsp;14 cause Incentive Stock Options to cease to qualify as Incentive Stock Options, such Options shall
be deemed to be Nonstatutory Stock Options.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>ARTICLE&nbsp;15</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>AMENDMENT, MODIFICATION AND TERMINATION</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">15.1. <U>AMENDMENT, MODIFICATION
AND TERMINATION</U>. The Board or the Committee may, at any time and from time to time, amend, modify or terminate the Plan without stockholder
approval; <U>provided</U>, <U>however</U>, that if an amendment to the Plan would, in the reasonable opinion of the Board or the Committee,
either (i)&nbsp;materially increase the number of Shares available under the Plan, (ii)&nbsp;expand the types of awards under the Plan,
(iii)&nbsp;materially expand the class of participants eligible to participate in the Plan, (iv)&nbsp;materially extend the term of the
Plan, or (v)&nbsp;otherwise constitute a material change requiring stockholder approval under applicable laws, policies or regulations
or the applicable listing or other requirements of an Exchange, then such amendment shall be subject to stockholder approval; and <U>provided</U>,
<U>further</U>, that the Board or Committee may condition any other amendment or modification on the approval of stockholders of the Company
for any reason, including by reason of such approval being necessary or deemed advisable (i)&nbsp;to comply with the listing or other
requirements of an Exchange, or (ii)&nbsp;to satisfy any other tax, securities or other applicable laws, policies or regulations. Without
the prior approval of the stockholders of the Company, the Plan may not be amended to permit: (i)&nbsp;the exercise price or base price
of an Option or SAR to be reduced, directly or indirectly, (ii)&nbsp;an Option or SAR to be canceled in exchange for cash, other Awards,
or Options or SARs with an exercise or base price that is less than the exercise price or base price of the original Option or SAR, or
otherwise, or (iii)&nbsp;the Company to repurchase an Option or SAR for value (in cash or otherwise) from a Participant if the current
Fair Market Value of the Shares underlying the Option or SAR is lower than the exercise price or base price per share of the Option or
SAR.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">15.2. <U>AWARDS PREVIOUSLY
GRANTED</U>. At any time and from time to time, the Committee may amend, modify or terminate any outstanding Award without approval of
the Participant; <U>provided</U>, <U>however</U>:</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;Subject to the terms
of the applicable Award Certificate, such amendment, modification or termination shall not, without the Participant&rsquo;s consent, reduce
or diminish the value of such Award determined as if the Award had been exercised, vested, cashed in or otherwise settled on the date
of such amendment or termination (with the per-share value of an Option or SAR for this purpose being calculated as the excess, if any,
of the Fair Market Value as of the date of such amendment or termination over the exercise or base price of such Award);</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;Except as otherwise
provided in Article&nbsp;14, without the prior approval of the stockholders of the Company: (i)&nbsp;the exercise price or base price
of an Option or SAR may not be reduced, directly or indirectly, (ii)&nbsp;an Option or SAR may not be canceled in exchange for an Option,
SAR or other Award with an exercise or base price that is less than the exercise price or base price of the original Option or SAR, or
otherwise, and (iii)&nbsp;the Company may not repurchase an Option or SAR for value (in cash or otherwise) from a Participant if the current
Fair Market Value of the Shares underlying the Option or SAR is lower than the exercise price or base price per share of the Option or
SAR; and</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;No termination, amendment,
or modification of the Plan shall adversely affect any Award previously granted under the Plan, without the written consent of the Participant
affected thereby. An outstanding Award shall not be deemed to be &ldquo;adversely affected&rdquo; by a Plan amendment if such amendment
would not reduce or diminish the value of such Award determined as if the Award had been exercised, vested, cashed in or otherwise settled
on the date of such amendment (with the per-share value of an Option or SAR for this purpose being calculated as the excess, if any, of
the Fair Market Value as of the date of such amendment over the exercise or base price of such Award).</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">15.3. <U>COMPLIANCE AMENDMENTS</U>.
Notwithstanding anything in the Plan or in any Award Certificate to the contrary, the Board may amend the Plan or an Award Certificate,
to take effect retroactively or otherwise, as deemed necessary or advisable for the purpose of conforming the Plan or Award Certificate
to any present or future law relating to plans of this or similar nature (including, but not limited to, Section&nbsp;409A of the Code),
and to the administrative regulations and rulings promulgated thereunder. By accepting an Award under this Plan, a Participant agrees
to any amendment made pursuant to this Section&nbsp;15.3 to any Award granted under the Plan without further consideration or action.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>ARTICLE&nbsp;16</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>GENERAL PROVISIONS</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">16.1. <U>RIGHTS OF PARTICIPANTS</U>.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;No Participant or
any Eligible Participant shall have any claim to be granted any Award under the Plan. Neither the Company, its Affiliates nor the Committee
is obligated to treat Participants or Eligible Participants uniformly, and determinations made under the Plan may be made by the Committee
selectively among Eligible Participants who receive, or are eligible to receive, Awards (whether or not such Eligible Participants are
similarly situated).</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;Nothing in the
Plan, any Award Certificate or any other document or statement made with respect to the Plan, shall interfere with or limit in any
way the right of the Company or any Affiliate to terminate any Participant&rsquo;s employment or status as an officer, or any
Participant&rsquo;s service as a director, at any time, nor confer upon any Participant any right to continue as an employee,
officer, or director of the Company or any Affiliate, whether for the duration of a Participant&rsquo;s Award or otherwise.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;Neither an Award
nor any benefits arising under this Plan shall constitute an employment contract with the Company or any Affiliate and, accordingly, subject
to Article&nbsp;15, this Plan and the benefits hereunder may be terminated at any time in the sole and exclusive discretion of the Committee
without giving rise to any liability on the part of the Company or an of its Affiliates.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;No Award gives a
Participant any of the rights of a stockholder of the Company unless and until Shares are in fact issued to such person in connection
with such Award.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">16.2. <U>WITHHOLDING</U>.
The Company or any Affiliate shall have the authority and the right to deduct or withhold, or require a Participant to remit to the Company
or such Affiliate, an amount sufficient to satisfy federal, state, and local taxes (including the Participant&rsquo;s FICA obligation)
required by law to be withheld with respect to any exercise, lapse of restriction or other taxable event arising as a result of the Plan.
The obligations of the Company under the Plan will be conditioned on such payment or arrangements and the Company or such Affiliate will,
to the extent permitted by law, have the right to deduct any such taxes from any payment of any kind otherwise due to the Participant.
Unless otherwise determined by the Committee at the time the Award is granted or thereafter, any such withholding requirement may be satisfied,
in whole or in part, by withholding from the Award Shares having a Fair Market Value on the date of withholding equal to the amount required
to be withheld in accordance with applicable tax requirements (up to the maximum individual statutory rate in the applicable jurisdiction
as may be permitted under then-current accounting principles to qualify for equity classification), all in accordance with such procedures
as the Committee establishes. All such elections shall be subject to any restrictions or limitations that the Committee, in its sole discretion,
deems appropriate.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">16.3. <U>SPECIAL PROVISIONS
RELATED TO SECTION&nbsp;409A OF THE CODE</U>.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;<U>General</U>. It
is intended that the payments and benefits provided under the Plan and any Award shall either be exempt from the application of, or comply
with, the requirements of Section&nbsp;409A of the Code. The Plan and all Award Certificates shall be construed in a manner that effects
such intent. Nevertheless, the tax treatment of the benefits provided under the Plan or any Award is not warranted or guaranteed. Neither
the Company, its Affiliates nor their respective directors, officers, employees or advisers (other than in his or her capacity as a Participant)
shall be held liable for any taxes, interest, penalties or other monetary amounts owed by any Participant or other taxpayer as a result
of the Plan or any Award.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;<U>Definitional Restrictions</U>.
Notwithstanding anything in the Plan or in any Award Certificate to the contrary, to the extent that any amount or benefit that would
constitute non-exempt &ldquo;deferred compensation&rdquo; for purposes of Section&nbsp;409A of the Code (&ldquo;Non-Exempt Deferred Compensation&rdquo;)
would otherwise be payable or distributable, or a different form of payment (e.g., lump sum or installment) of such Non-Exempt Deferred
Compensation would be effected, under the Plan or any Award Certificate by reason of the occurrence of a Change in Control, or the Participant&rsquo;s
Disability or separation from service, such Non-Exempt Deferred Compensation will not be payable or distributable to the Participant,
and/or such different form of payment will not be effected, by reason of such circumstance unless the circumstances giving rise to such
Change in Control, Disability or separation from service meet any description or definition of &ldquo;change in control event&rdquo;,
 &ldquo;disability&rdquo; or &ldquo;separation from service&rdquo;, as the case may be, in Section&nbsp;409A of the Code and applicable
regulations (without giving effect to any elective provisions that may be available under such definition). This provision does not affect
the dollar amount or prohibit the <I>vesting</I> of any Award upon a Change in Control, Disability or separation from service, however
defined. If this provision prevents the payment or distribution of any amount or benefit, or the application of a different form of payment
of any amount or benefit, such payment or distribution shall be made at the time and in the form that would have applied absent the non-409A-conforming
event.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(c)&nbsp;<U>Allocation among
Possible Exemptions</U>. If any one or more Awards granted under the Plan to a Participant could qualify for any separation pay exemption
described in Treas. Reg. Section&nbsp;1.409A-1(b)(9), but such Awards in the aggregate exceed the dollar limit permitted for the separation
pay exemptions, the Company shall determine which Awards or portions thereof will be subject to such exemptions.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(d)&nbsp;<U>Six-Month Delay
in Certain Circumstances</U>. Notwithstanding anything in the Plan or in any Award Certificate to the contrary, if any amount or benefit
that would constitute Non-Exempt Deferred Compensation would otherwise be payable or distributable under this Plan or any Award Certificate
by reason of a Participant&rsquo;s separation from service during a period in which the Participant is a Specified Employee (as defined
below), then, subject to any permissible acceleration of payment by the Committee under Treas. Reg. Section&nbsp;1.409A-3(j)(4)(ii)&nbsp;(domestic
relations order), (j)(4)(iii)&nbsp;(conflicts of interest), or (j)(4)(vi)&nbsp;(payment of employment taxes):</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(i)&nbsp;the amount of
such Non-Exempt Deferred Compensation that would otherwise be payable during the six-month period immediately following the
Participant&rsquo;s separation from service will be accumulated through and paid or provided on the first day of the seventh month
following the Participant&rsquo;s separation from service (or, if the Participant dies during such period, within 30 days after the
Participant's death) (in either case, the &ldquo;Required Delay Period&rdquo;); and</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in">(ii)&nbsp;the normal payment
or distribution schedule for any remaining payments or distributions will resume at the end of the Required Delay Period.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">For purposes of this Plan,
the term &ldquo;Specified Employee&rdquo; has the meaning given such term in Code Section&nbsp;409A and the final regulations thereunder;
<U>provided</U><I>, </I><U>however</U>, that, as permitted in such final regulations, the Company&rsquo;s Specified Employees and its
application of the six-month delay rule&nbsp;of Code Section&nbsp;409A(a)(2)(B)(i)&nbsp;shall be determined in accordance with rules&nbsp;adopted
by the Board or any committee of the Board, which shall be applied consistently with respect to all nonqualified deferred compensation
arrangements of the Company, including this Plan.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(e)&nbsp;<U>Installment Payments</U>.
If, pursuant to an Award, a Participant is entitled to a series of installment payments, such Participant&rsquo;s right to the series
of installment payments shall be treated as a right to a series of separate payments and not to a single payment. For purposes of the
preceding sentence, the term &ldquo;series of installment payments&rdquo; has the meaning provided in Treas. Reg. Section&nbsp;1.409A-2(b)(2)(iii)&nbsp;(or
any successor thereto).</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(f)&nbsp;<U>Timing of Release
of Claims</U>. Whenever an Award conditions a payment or benefit on the Participant&rsquo;s execution and non-revocation of a release
of claims, such release must be executed and all revocation periods shall have expired within 60 days after the date of termination of
the Participant&rsquo;s employment; failing which such payment or benefit shall be forfeited. If such payment or benefit is exempt from
Section&nbsp;409A of the Code, the Company may elect to make or commence payment at any time during such 60-day period. If such payment
or benefit constitutes Non-Exempt Deferred Compensation, then, subject to subsection (d)&nbsp;above, (i)&nbsp;if such 60-day period begins
and ends in a single calendar year, the Company may make or commence payment at any time during such period at its discretion, and (ii)&nbsp;if
such 60-day period begins in one calendar year and ends in the next calendar year, the payment shall be made or commence during the second
such calendar year (or any later date specified for such payment under the applicable Award), even if such signing and non-revocation
of the release occur during the first such calendar year included within such 60-day period. In other words, a Participant is not permitted
to influence the calendar year of payment based on the timing of signing the release.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(g)&nbsp;<U>Permitted Acceleration</U>.
The Company shall have the sole authority to make any accelerated distribution permissible under Treas. Reg. section 1.409A-3(j)(4)&nbsp;to
Participants of deferred amounts, provided that such distribution(s)&nbsp;meets the requirements of Treas. Reg. section 1.409A-3(j)(4).</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">16.4. <U>UNFUNDED STATUS OF
AWARDS</U>. The Plan is intended to be an &ldquo;unfunded&rdquo; plan for incentive and deferred compensation. With respect to any payments
not yet made to a Participant pursuant to an Award, nothing contained in the Plan or any Award Certificate shall give the Participant
any rights that are greater than those of a general creditor of the Company or any Affiliate. In its sole discretion, the Committee may
authorize the creation of grantor trusts or other arrangements to meet the obligations created under the Plan to deliver Shares or payments
in lieu of Shares or with respect to Awards. This Plan is not intended to be subject to ERISA.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">16.5. <U>RELATIONSHIP TO OTHER
BENEFITS</U>. No payment under the Plan shall be taken into account in determining any benefits under any pension, retirement, savings,
profit sharing, group insurance, welfare or benefit plan of the Company or any Affiliate unless provided otherwise in such other plan.
Nothing contained in the Plan will prevent the Company from adopting other or additional compensation arrangements, subject to stockholder
approval if such approval is required; and such arrangements may be either generally applicable or applicable only in specific cases.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">16.6. <U>EXPENSES</U>. The
expenses of administering the Plan shall be borne by the Company and its Affiliates.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">16.7. <U>TITLES AND HEADINGS</U>.
The titles and headings of the Sections in the Plan are for convenience of reference only, and in the event of any conflict, the text
of the Plan, rather than such titles or headings, shall control.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">16.8. <U>GENDER AND NUMBER</U>.
Except where otherwise indicated by the context, any masculine term used herein also shall include the feminine; the plural shall include
the singular and the singular shall include the plural.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">16.9. <U>FRACTIONAL SHARES</U>.
No fractional Shares shall be issued and the Committee shall determine, in its discretion, whether cash shall be given in lieu of fractional
Shares or whether such fractional Shares shall be eliminated by rounding up or down.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">16.10. <U>GOVERNMENT AND OTHER
REGULATIONS</U>.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(a)&nbsp;Notwithstanding
any other provision of the Plan, no Participant who acquires Shares pursuant to the Plan may, during any period of time that such
Participant is an affiliate of the Company (within the meaning of the rules&nbsp;and regulations of the Securities and Exchange
Commission under the 1933 Act), sell such Shares, unless such offer and sale is made (i)&nbsp;pursuant to an effective registration
statement under the 1933 Act, which is current and includes the Shares to be sold, or (ii)&nbsp;pursuant to an appropriate exemption
from the registration requirement of the 1933 Act, such as that set forth in Rule&nbsp;144 promulgated under the 1933 Act.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">(b)&nbsp;Notwithstanding any
other provision of the Plan, if at any time the Committee shall determine that the registration, listing or qualification of the Shares
covered by an Award upon any Exchange or under any foreign, federal, state or local law or practice, or the consent or approval of any
governmental regulatory body, is necessary or desirable as a condition of, or in connection with, the granting of such Award or the purchase
or receipt of Shares thereunder, no Shares may be purchased, delivered or received pursuant to such Award unless and until such registration,
listing, qualification, consent or approval shall have been effected or obtained free of any condition not acceptable to the Committee.
Any Participant receiving or purchasing Shares pursuant to an Award shall make such representations and agreements and furnish such information
as the Committee may request to assure compliance with the foregoing or any other applicable legal requirements. The Company shall not
be required to issue or deliver any certificate or certificates for Shares under the Plan prior to the Committee&rsquo;s determination
that all related requirements have been fulfilled. The Company shall in no event be obligated to register any securities pursuant to the
1933 Act or applicable state or foreign law or to take any other action in order to cause the issuance and delivery of such certificates
to comply with any such law, regulation or requirement.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">16.11. <U>GOVERNING LAW.</U>
To the extent not governed by federal law, the Plan and all Award Certificates shall be construed in accordance with and governed by the
laws of the State of Delaware.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">16.12. <U>SEVERABILITY</U>.
In the event that any provision of this Plan is found to be invalid or otherwise unenforceable under any applicable law, such invalidity
or unenforceability will not be construed as rendering any other provisions contained herein as invalid or unenforceable, and all such
other provisions will be given full force and effect to the same extent as though the invalid or unenforceable provision was not contained
herein.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">16.13. <U>NO LIMITATIONS ON
RIGHTS OF COMPANY</U>. The grant of any Award shall not in any way affect the right or power of the Company to make adjustments, reclassification
or changes in its capital or business structure or to merge, consolidate, dissolve, liquidate, sell or transfer all or any part of its
business or assets. The Plan shall not restrict the authority of the Company, for proper corporate purposes, to draft or assume awards,
other than under the Plan, to or with respect to any person. If the Committee so directs, the Company may issue or transfer Shares to
an Affiliate, for such lawful consideration as the Committee may specify, upon the condition or understanding that the Affiliate will
transfer such Shares to a Participant in accordance with the terms of an Award granted to such Participant and specified by the Committee
pursuant to the provisions of the Plan.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The foregoing is hereby acknowledged
as being the LHC Group,&nbsp;Inc. 2018 Incentive Plan as adopted by the Board on April&nbsp;26, 2018 and by the stockholders on June&nbsp;7,
2018.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; border-collapse: collapse; width: 100%">
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">LHC GROUP,&nbsp;INC.</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Its:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
  </TABLE>


<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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<DOCUMENT>
<TYPE>EX-4.5
<SEQUENCE>3
<FILENAME>tm237390d1_ex4-5.htm
<DESCRIPTION>EXHIBIT 4.5
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 4.5</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>AMENDMENT TO THE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>LHC GROUP,&nbsp;INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>2018 INCENTIVE PLAN</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">T</FONT>his
Amendment (the &ldquo;<U>Amendment</U>&rdquo;) to the LHC Group,&nbsp;Inc. 2018 Incentive Plan (the &ldquo;<U>Plan</U>&rdquo;), has been
adopted by the Compensation Committee of the Board of Directors of LHC Group,&nbsp;Inc. (the &ldquo;<U>Company</U>&rdquo;), to be effective
as of and contingent on the closing of the transaction contemplated by that certain Agreement and Plan of Merger, dated as of March&nbsp;28,
2022, by and among the Company, UnitedHealth Group Incorporated and Lightning Merger Sub Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Plan is hereby amended by deleting Section&nbsp;2.1(f)&nbsp;in its entirety and replacing it with the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;(f)&nbsp;
 &ldquo;Cause&rdquo; as a reason for a Participant&rsquo;s termination of employment, unless otherwise defined in the applicable Award
Certificate, shall mean any of the following acts by the Participant, as determined by the Committee: gross neglect of duty, prolonged
absence from duty without the consent of the Company, intentionally engaging in any activity that is in conflict with or adverse to the
business or other interests of the Company, or willful misconduct, misfeasance or malfeasance of duty which is reasonably determined to
be detrimental to the Company. With respect to a Participant&rsquo;s termination of directorship, &ldquo;Cause&rdquo; means an act or
failure to act that constitutes cause for removal of a director under applicable Delaware law.&nbsp; The determination of the Committee
as to the existence of &ldquo;Cause&rdquo; shall be conclusive on the Participant and the Company.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
Plan is hereby amended by deleting Section&nbsp;2.1(s)&nbsp;in its entirety and replacing it with the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: 0.5in">&ldquo;(s)&nbsp;
 &ldquo;Good Reason&rdquo; (or a similar term denoting constructive termination), unless otherwise defined in the applicable Award Certificate,
shall mean any of the following acts by the Company or an Affiliate without the consent of the Participant (in each case, other than an
isolated, insubstantial and inadvertent action not taken in bad faith and which is remedied by the Company or an Affiliate promptly after
receipt of notice thereof given by the Participant): (i)&nbsp;the assignment to the Participant of duties materially inconsistent with,
or a material diminution in, the Participant&rsquo;s position, authority, duties or responsibilities as in effect immediately prior to
a Change of Control, (ii)&nbsp;a reduction by the Company or an Affiliate in the Participant&rsquo;s base salary, (iii)&nbsp;the Company
or an Affiliate requiring the Participant, without his or her consent, to be based at any office or location more than 35 miles from the
location at which the Participant was stationed immediately prior to a Change of Control, or (iv)&nbsp;the continuing material breach
by the Company or an Affiliate of any employment agreement between the Participant and the Company or an Affiliate after the expiration
of any applicable period for cure.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">3.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Except
as expressly amended hereby, the terms of the Plan shall be and remain unchanged and the Plan as amended hereby shall remain in full force
and effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">IN WITNESS WHEREOF, the Company
has caused this Amendment to be executed by its duly authorized representative on the day and year first above written.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD></TD><TD COLSPAN="2" STYLE="text-align: left">LHC GROUP,&nbsp;INC.</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 50%">&nbsp;</TD><TD STYLE="text-align: left; width: 3%">&nbsp;</TD><TD STYLE="text-align: justify; width: 47%">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">By:</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">Authorized Officer</TD></TR>
     </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>4
<FILENAME>tm237390d1_ex5-1.htm
<DESCRIPTION>EXHIBIT 5.1
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit&nbsp;5.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: Red"><IMG SRC="tm237390d1_ex5-1img001.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; margin: 0pt 0; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">February&nbsp;22, 2023</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Board of Directors</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">UnitedHealth Group Incorporated</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">9900 Bren Road East</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Minnetonka, Minnesota
55343</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Re: Registration Statement on Form&nbsp;S-8</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt -0.25in; text-indent: 0.25in">Ladies
and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">I have acted as Deputy General Counsel to UnitedHealth Group
Incorporated, a Delaware corporation (the &ldquo;Company&rdquo;), in connection with the preparation of its registration statement
on Form&nbsp;S-8 (the &ldquo;Registration Statement&rdquo;) relating to the registration of the offer and sale by the Company of
169,189 shares (the &ldquo;2018 Shares&rdquo;) of common stock, $0.01 par value per share, of the Company (the &ldquo;Common
Stock&rdquo;) pursuant to outstanding awards under the LHC Group,&nbsp;Inc. 2018 Incentive Plan (the &ldquo;2018 Plan&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">I have examined such documents and have reviewed such questions of
law as I have considered necessary and appropriate for the purposes of the opinions set forth below. I have assumed the authenticity of
all documents submitted to me as originals, the genuineness of all signatures and the conformity to authentic originals of all documents
submitted to me as copies. I have also assumed the legal capacity for all purposes relevant hereto of all natural persons. As to questions
of fact material to my opinions,&nbsp;I have relied upon certificates of officers of the Company and of public officials.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Based on the foregoing,&nbsp;I am of the opinion that the 2018 Shares
have been duly authorized and, following the effectiveness of the Registration Statement and upon issuance, delivery and payment therefor
in accordance with the terms of the 2018 Plan and any relevant agreements thereunder, will be validly issued, fully paid and nonassessable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This opinion letter has been prepared for your use in connection with
the Registration Statement and speaks as of the date hereof. I assume no obligation to advise you of any changes in the foregoing subsequent
to the effective date of the Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The opinions expressed above are limited to the Delaware General Corporation
Law. I express no opinion herein as to any other statutes, rules&nbsp;or regulations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">I hereby consent to the filing of this opinion as an exhibit to the
Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 49%"></TD><TD STYLE="width: 2%; text-align: left">&nbsp;</TD><TD STYLE="text-align: justify; width: 49%">Very truly yours,</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: justify">/s/ Faraz A. Choudhry</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">Faraz A. Choudhry</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD>&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">Deputy General Counsel</TD></TR>
     </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 354.7pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<TYPE>EX-23.2
<SEQUENCE>5
<FILENAME>tm237390d1_ex23-2.htm
<DESCRIPTION>EXHIBIT 23.2
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: white"><B>Exhibit&nbsp;23.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><B>CONSENT OF INDEPENDENT
REGISTERED PUBLIC ACCOUNTING FIRM</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">We consent to the incorporation by reference
in this Registration Statement on Form&nbsp;S-8&nbsp;of our reports dated February&nbsp;15, 2022, relating to the financial statements
and financial statement schedule of UnitedHealth Group Incorporated and the effectiveness of UnitedHealth Group Incorporated&rsquo;s internal
control over financial reporting, appearing in the Annual Report on Form&nbsp;10-K&nbsp;of UnitedHealth Group Incorporated for the year
ended December&nbsp;31, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">/s/ Deloitte&nbsp;&amp; Touche LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Minneapolis, MN</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">February&nbsp;22, 2023</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<TYPE>EX-24.1
<SEQUENCE>6
<FILENAME>tm237390d1_ex24-1.htm
<DESCRIPTION>EXHIBIT 24.1
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 24.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>POWER OF ATTORNEY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">KNOW ALL PERSONS BY THESE PRESENTS, that each
person whose signature appears below constitutes and appoints Rupert M. Bondy, Kuai H. Leong and Faraz A. Choudhry, and each of them,
his or her true and lawful attorneys-in-fact and agents, each acting alone, with full power of substitution and resubstitution, to sign,
execute and file with the Securities and Exchange Commission (or any other governmental or regulatory authority), for us and in our names
in the capacities indicated below, a registration statement on Form&nbsp;S-8, and any and all amendments (including post-effective amendments)
thereto, relating to the registration of shares of common stock of UnitedHealth Group Incorporated pursuant to the assumption of equity
awards issued under the LHC Group,&nbsp;Inc. 2010 Long-Term Incentive Plan and LHC Group,&nbsp;Inc. 2018 Incentive Plan, with all exhibits
and any and all documents required to be filed with respect thereto, granting unto said attorneys-in-fact and agents and each of them,
full power and authority to do and to perform each and every act and thing necessary or desirable to be done in and about the premises
in order to effectuate the same as fully to all intents and purposes as he or she might or could do if personally present, hereby ratifying
and confirming all that said attorneys-in-fact and agents, or any of them, may lawfully do or cause to be done by virtue hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">IN WITNESS WHEREOF, the undersigned have executed
this Power of Attorney as of the date set forth below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; width: 48%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ F. William McNabb III</FONT></TD>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 49%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Valerie C. Montgomery Rice, M.D.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">F. William McNabb III</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Valerie C. Montgomery Rice, M.D.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director </FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated:&nbsp;&nbsp;April 13, 2022</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated:&nbsp;&nbsp;April 10, 2022</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Timothy P. Flynn</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ John H. Noseworthy, M.D.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Timothy P. Flynn</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">John H. Noseworthy, M.D.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director </FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated:&nbsp;&nbsp;April 12, 2022</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated:&nbsp;&nbsp;&nbsp;April 13, 2022</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Stephen J. Hemsley</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Paul R. Garcia</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Stephen J. Hemsley</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Paul R. Garcia</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated:&nbsp;&nbsp;April 13, 2022</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated:&nbsp;&nbsp;April 13, 2022</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Michele J. Hooper</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Michele J. Hooper</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Director </FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated:&nbsp;&nbsp;April 13, 2022</FONT></TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
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<DOCUMENT>
<TYPE>EX-FILING FEES
<SEQUENCE>7
<FILENAME>tm237390d1_exfilingfees.htm
<DESCRIPTION>EX-FILING FEES
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>EXHIBIT 107 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Calculation of Filing Fee Tables </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM S-8 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Form Type)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UnitedHealth Group Incorporated</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact Name of Registrant as Specified in its Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Table 1: Newly Registered Securities</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 13%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 13%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 13%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 4%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 13%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; padding: 1pt"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-top: black 2.25pt double; border-left: black 1pt solid; padding: 2.5pt 1.25pt 1.75pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Security <BR>
Type</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 2.25pt double; border-left: black 1pt solid; padding: 2.5pt 1.25pt 1.75pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Security <BR>
Class Title</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 2.25pt double; border-left: black 1pt solid; padding: 2.5pt 1.25pt 1.75pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Fee <BR>
Calculation <BR>
Rule</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 2.25pt double; border-left: black 1pt solid; padding: 2.5pt 1.25pt 1.75pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Amount <BR>
Registered<SUP>(1) (2)</SUP></FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 2.25pt double; border-left: black 1pt solid; padding: 2.5pt 1.25pt 1.75pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Proposed <BR>
Maximum <BR>
Offering Price <BR>
Per Unit<SUP>(3)</SUP></FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 2.25pt double; border-left: black 1pt solid; padding: 2.5pt 1.25pt 1.75pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Proposed<BR>
 Maximum<BR>
 Aggregate<BR>
 Offering Price</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 2.25pt double; border-left: black 1pt solid; padding: 2.5pt 1.25pt 1.75pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Fee Rate</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 2.25pt double; border-right: black 1pt solid; border-left: black 1pt solid; padding: 2.5pt 1.25pt 1.75pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Amount of<BR>
 Registration<BR>
 Fee</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Equity</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Common stock, par value $0.01 per share</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Other</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center">169,189</TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">$490.64</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center">$83,010,890.96</TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">0.00011020</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center">$9,147.80</TD></TR>
  <TR>
    <TD COLSPAN="12" STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Total Offering Amounts</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 1.25pt; padding-left: 1.25pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-top: black 1pt solid; border-left: black 1pt solid; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center">$83,010,890.96</TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 1.25pt; padding-left: 1.25pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center">$9,147.80</TD></TR>
  <TR>
    <TD COLSPAN="12" STYLE="border-left: black 1pt solid; padding: 1.75pt 1.25pt; border-bottom: black 1pt solid; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Total Fee Offsets</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 1.25pt; padding-left: 1.25pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 1.25pt; padding-left: 1.25pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 1.25pt; padding-left: 1.25pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; padding: 1.75pt 1.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">$0</FONT></TD></TR>
  <TR>
    <TD COLSPAN="12" STYLE="border-left: black 1pt solid; padding: 1.75pt 1.25pt 2.5pt; border-bottom: black 2.25pt double; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Net Fee Due</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; border-left: black 1pt solid; padding-right: 1.25pt; padding-left: 1.25pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; border-left: black 1pt solid; padding-right: 1.25pt; padding-left: 1.25pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: black 1pt solid; border-bottom: black 2.25pt double; border-left: black 1pt solid; padding-right: 1.25pt; padding-left: 1.25pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top; border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; border-bottom: black 2.25pt double; padding: 1.75pt 1.25pt 2.5pt; font-size: 10pt; text-align: center">$9,147.80</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Table 2: Fee Offset Claims and Sources</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">N/A</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%; font-size: 10pt"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Pursuant to Rule 416(a) promulgated under the Securities Act of 1933, as amended (the &ldquo;Securities Act&rdquo;), the registration statement on Form S-8 (the &ldquo;Registration Statement&rdquo;) to which this exhibit relates shall also cover any additional shares of the common stock of UnitedHealth Group Incorporated (the &ldquo;Company&rdquo;, and such shares, &ldquo;Company Common Stock&rdquo;) that become issuable by reason of any stock dividend, stock split, recapitalization or other similar transaction that results in an increase in the number of outstanding shares of Company Common Stock.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Pursuant to the Agreement and Plan of Merger, dated as of March 28, 2022, by and among the Company, LHC Group, Inc. (&ldquo;LHC&rdquo;), and Lightning Merger Sub Inc., a wholly owned subsidiary of the Company (&ldquo;Merger Sub&rdquo;), effective as of February 22, 2023, Merger Sub merged with and into LHC (the &ldquo;Merger&rdquo;), with LHC surviving the Merger as a wholly owned subsidiary of the Company. At the effective time of the Merger, certain outstanding and unvested equity awards with respect to shares of common stock of LHC held by employees and consultants of LHC or its affiliates (or their respective legal successors) were converted into equity awards with respect to shares of Company Common Stock, subject to appropriate adjustments to the number of shares. The number of shares registered hereunder represents the maximum number of shares of Company Common Stock underlying outstanding equity awards (including shares of Company Common Stock to be issued in respect of accrued dividend share equivalents that pay on vesting of such awards), subject to appropriate adjustments thereto. </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">Estimated solely for the purpose of calculating the registration fee required by Section 6(b) of the Securities Act and calculated in accordance with Rules 457(c) and 457(h) promulgated thereunder. The aggregate offering price is the average of the high and low prices of Company Common Stock as reported on the New York Stock Exchange on February 16, 2023.</FONT></TD></TR>
  </TABLE>
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<SEQUENCE>8
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
