PERFORMANCE SHARE AWARD AGREEMENT
UNDER THE CARE INVESTMENT TRUST INC. EQUITY PLAN
This Performance Share Award Agreement (the “Agreement”) is between Care Investment Trust Inc., a
Maryland corporation (the “Company”), and you, the Grantee named above, as an employee of CIT Healthcare
LLC, the manager of the Company pursuant to a management agreement (the “Manager”).
The Company wishes to award to you Performance Shares on the terms and conditions set forth in this
Agreement and in the Care Investment Trust Inc. Equity Plan (the “Plan”). Capitalized terms that are used in this
Agreement and that are not defined herein shall have the meanings set forth in the Plan.
Accordingly, for good and valuable consideration, the receipt and adequacy of which are hereby
acknowledged, the Company and you hereby agree as follows:
1. Award of Performance Shares.
The Company hereby grants to you, effective as of the Grant Date, the Target Award, which represents the
opportunity to receive a number of shares of the Company’s Common Stock, par value $0.001 per share (the
“Common Stock”), as are earned in accordance with Section 2 of this Agreement, as more fully set forth in
Section 3 of this Agreement.
2. Determination of Number of Shares of Common Stock Earned.
The number of shares of Common Stock earned as of the end of the Award Period, if any, will be determined
Number of Shares = Payout Percentage x Target Award
The “Payout Percentage” will be determined by the achievement of Company performance goals with respect
to the Award Period as set forth and provided in Schedule A (the “Performance Goals”), with the Payout
Percentage being 50% for “Threshold” performance, 100% for “Target” performance and 200% for “Maximum”
performance. As such, if “Threshold” performance is met with respect to the Award Period, you will earn 11,627
shares of Common Stock under this Agreement and if “Maximum” performance is met with respect to the Aw