LIMITED LIABILITY COMPANY AGREEMENT OF ABILENE MERGER, LLC
EXHIBIT 3.210
OF
ABILENE MERGER, LLC
This Limited Liability Company Agreement of Abilene Merger, LLC, effective as of August 30, 2002
(this “Agreement”), is entered into by Quorum, Inc., as the sole member (the “Member”).
WHEREAS, the Member desires to form a limited liability company under and subject to the laws of
the State of Delaware for the purpose described below; and
WHEREAS, the Member desires to enter into this Agreement to define formally and express the terms
of such limited liability company and its rights and obligations with respect thereto.
NOW, THEREFORE, the Member hereby forms a limited liability company pursuant to and in accordance
with the Delaware Limited Liability Company Act (6 Del. C. § 18-101, et seq.), as amended from time
to time (the “Act”), and hereby agrees as follows:
1. Name. The name of the limited liability company formed hereby is Abilene Merger, LLC (the
“Company”).
2. Purpose. The Company is formed for the object and purpose of, and the nature of the business to
be conducted and promoted by the Company is, carrying on any lawful business, purpose or activity
for which limited liability companies may be formed under the Act and engaging in any and all
activities necessary or incidental to the foregoing.
Registered Office. The address of the registered office of the Company in the State of Delaware is
0000 Xxxxxxxxxxx Xxxx, Xxxxx 000, in the City of Wilmington, County of Xxx Xxxxxx, Xxxxxxxx 00000.
4. Registered Agent. The name and address of the registered agent of the Company for service of
process on the Company in the State of Delaware is Corporation Service Company, 0000 Xxxxxxxxxxx
Xxxx, Xxxxx 000, in the City of Wilmington, County of Xxx Xxxxxx, Xxxxxxxx 00000.
5. Member and Capital Contribution. The name and the business address of the Member and the amount
of cash or other property contributed or to be contributed by the Member to the capital of the
Company are set forth on Schedule A attached hereto and shall be listed on the books and records of
the Company. The managers of the Company shall be required to update the books and records, and the
aforementioned Schedule, from time to time as necessary to accurately reflect the information
therein. The Member shall not be required to make any additional contributions of capital to the
Company, although the Member may from time to time agree to make additional capital contributions
to the Company.
6. Powers. The business and affairs of the Company shall be managed by the Member. The Member shall
have the power to do any and all acts necessary or convenient to or for the furtherance of the
purposes described herein, including all powers, statutory or otherwise,
possessed by members of a
limited liability company under the laws of the State of Delaware. Xxxxxx X. Xxx is hereby
designated as an authorized person, within the meaning of the Act, to execute, deliver and file the
Certificate of Formation of the Company (and any amendments and/or restatements thereof) and any
other certificates (and any amendments and/or restatements thereof) necessary for the Company to
qualify to do business in a jurisdiction in which the Company may wish to conduct business. The
Member hereby designates the following persons to serve as officers and managers in the capacity
set forth after their names, each until such person’s successor shall have been duly appointed or
until such person’s earlier resignation or removal:
Xxxxx X. Xxxxxxx
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President | |
Xxxxxx X. Xxx
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Executive Vice President, Secretary and Manager | |
Xxxxxxx X. Xxxxxx
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Vice President | |
Xxxxx X. Xxxxxxx
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Treasurer and Manager | |
W. Xxxxxxx Xxxx
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Manager | |
Xxxxxx X. Xxxxxxxx
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Vice President |
The officers and managers of the Company shall have such authority and perform such duties in the
management of the Company as may be determined by the Member or as provided herein or under the
Act.
7. Dissolution. The Company shall dissolve, and its affairs shall be wound up, upon the first to
occur of the following: (a) the written consent of the Member or (b) the entry of a decree of
judicial dissolution under Section 18-802 of the Act.
8. Allocation of Profits and Losses. The Company’s profits and losses shall be allocated to the
Member.
9. Distributions. Distributions shall be made to the Member at the times and in the aggregate
amounts determined by the Member.
10. Resignation. The Member shall not resign from the Company (other than pursuant to a transfer of
the Member’s entire limited liability company interest in the Company to a single substitute
member, including pursuant to a merger agreement that provides for a substitute member pursuant to
the terms of this Agreement) prior to the dissolution and winding up of the Company.
11. Assignment and Transfer. The Member may assign or transfer in whole but not in part its limited
liability company interest to a single acquiror.
12. Admission of Substitute Member. A person who acquires the Member’s entire limited liability
company interest by transfer or assignment shall be admitted to the Company as a
member upon the
execution of this Agreement or a counterpart of this Agreement and thereupon shall become the
“Member” for purposes of this Agreement.
SCHEDULE A
Member and | Capital | Limited Liability | ||
Business Address | Contribution | Company Interest | ||
Quorum, Inc. |
$1,000.00 | 100% | ||
00000 Xxxx Xxxx, 00xx Xxxxx |
||||
Xxxxx XX |
||||
Xxxxxx, XX 00000 |
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Attn: Xxxxxx X. Xxx |
13. Liability of Member and Managers. Neither the Member nor any officer or manager of the Company
shall have any liability for the obligations or liabilities of the Company except to the extent
provided herein or in the Act.
14. Indemnification. The Company shall indemnify and hold harmless the officers and managers of the
Company and the Member and its partners, shareholders, officers, directors, managers, employees,
agents and representatives and the partners, shareholders, officers, directors, managers,
employees, agents and representatives of such persons to the fullest extent permitted by the Act.
15. Certificate(s) of Interest. Interest in the Company shall be represented by certificate(s)
issued by the Company, shall be deemed “securities” within the meaning of Section 8-102 of Article
8 of the Delaware Uniform Commercial Code and shall be governed by Article 8 of the Uniform
Commercial Code.
16. Amendment. This Agreement may be amended from time to time with the consent of the Member.
17. Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws
of the State of Delaware.
18. Federal Income Tax Treatment. The Member, officers and managers shall not cause the Company to
“check-the-box” pursuant to Treasury Regulations Section 301.7701-3 to be treated in any manner
other than the Company’s default classification which is currently “disregarded as an entity
separate from its owner.” Written consent of the Member and all of the managers shall be required
prior to electing any other treatment of the Company.
IN WITNESS WHEREOF, the undersigned has executed this Limited Liability Company Agreement to be
effective as of the 30th day of August, 2002.
QUORUM, INC.
By: /s/ Xxxxxx X. Xxx
Name: Xxxxxx X. Xxx
Title: Executive Vice President
Name: Xxxxxx X. Xxx
Title: Executive Vice President
MASTER AGREEMENT
By and Among
QUORUM, INC.,
NC-SCHI, INC.,
TRIAD-ARMC, LLC,
ABILENE HOSPITAL, LLC,
ARMC, L.P.,
AND
ABILENE MERGER, LLC
AUGUST 30, 2002
MASTER AGREEMENT
THIS MASTER AGREEMENT (“Agreement”) dated August 30, 2002, is entered into by and among Quorum,
Inc., a Delaware corporation (“Quorum”), NC-SCHI, Inc., a Georgia corporation (“SCHI”), Abilene
Hospital, LLC, a Delaware limited liability company (“Abilene Hospital”), Triad-ARMC, LLC, a
Delaware limited liability company (“Triad-ARMC”), ARMC, L.P., a Delaware limited partnership
(“ARMC LP”), and Abilene Merger, LLC, a Delaware limited liability company (“Abilene Merger”). All
of the foregoing parties to this Agreement are collectively referred to herein as the “Parties.”
RECITALS
WHEREAS, Quorum is the sole shareholder of SCHI; and
WHEREAS, SCHI owns and operates Abilene Regional Medical Center, an acute care hospital located in
Abilene, Texas (“ARMC”); and
WHEREAS, SCHI is the sole shareholder of QHG of Enterprise, Inc., an Alabama corporation (“QHG”);
and
WHEREAS, QHG owns and operates Medical Center Enterprise, an acute care hospital located in Alabama
(“MCE”); and
WHEREAS, the parties desire to restructure the ownership of ARMC and MCE; and
WHEREAS, Abilene Hospital, Triad-ARMC, ARMC LP and Abilene Merger are entities newly formed for the
purpose of carrying out the transactions described in this Agreement.
NOW THEREFORE, the Parties agree as follows:
ARTICLE I.
Order Of Transactions
Section 1.1 Transactions Described in Articles II through V. The Parties agree that it is their
intent that the order of the transactions described in Articles II-V below shall occur and be
effective on or before September 1, 2002 in the following sequence:
(a) First, on or prior to the effective date of this Agreement, SCHI shall have formed Triad-ARMC
and Abilene Hospital in the manner described in Article II below; and Quorum shall have formed
Abilene Merger in the manner described in Article II below.
(b) Second, on or prior to the effective date of this Agreement, SCHI and Triad-ARMC shall have
formed ARMC LP, in the manner described in Article III below.
(c) Third, effective as of 12:01 a.m. on September 1, 2002, SCHI shall contribute the assets and
liabilities of ARMC to ARMC LP, and Triad-ARMC shall contribute cash to ARMC LP, in the manner
described in Article IV below.
(d) Fourth, effective as of 12:01 a.m. on September 1, 2002, SCHI shall contribute its limited
partner interest in ARMC LP to Abilene Hospital in the manner described in Article V below.
Section 1.2 Transactions Described in Articles VI and VII. The Parties agree that it is their
intent that the transactions described in Articles VI and VII below shall occur and be effective as
of December 31, 2002:
(a) First, effective as of December 31, 2002, SCHI shall merge with and into Abilene Merger in the
manner described in Article VI below.
(b) Second, effective as of December 31, 2002 SCHI shall contribute all of the capital stock of QHG
to Quorum in the manner described in Article VII below.
Section 1.3 Order of Occurrence. The Parties agree that all filings will be deemed to have occurred
in the order described in this Agreement regardless of the exact time the filings are recorded by
the Secretary of the State of Delaware, Secretary of the State of Georgia, Secretary of the State
of Texas, or any other governmental agency or authority. The Parties agree that the transactions
may not occur in any order other than in the manner described in this Agreement, and that each
document, certificate or instrument to be filed with any Secretary of State or other governmental
agency or authority shall be deemed filed as though the preceding transaction as described herein
had taken place immediately prior to such filing.
ARTICLE II.
FORMATION OF NEW ENTITIES
Section 2.1 Formation of SCHI Entities. Effective on or before the date of this Agreement, SCHI
shall have formed two limited liability companies in accordance with the laws of the State of
Delaware. The limited liability companies formed by SCHI in accordance with this Section are
parties to this Agreement and are referred to herein as Triad-ARMC and Abilene Hospital. The
limited liability company agreements of Triad-ARMC and Abilene Hospital, respectively, each shall
provide that the company may engage in any lawful business permitted by the Delaware Limited
Liability Company Act.
Section 2.2 Formation of Quorum Entity. Effective on or before the date of this Agreement, Quorum
shall have formed a limited liability company in accordance with the laws of the State of Delaware.
The limited liability company formed by Quorum in accordance with this Section is a party to this
Agreement and is referred to herein as Abilene Merger. The limited liability company agreement of
Abilene Merger shall provide that the company may engage in any lawful business permitted by the
Delaware Limited Liability Company Act.
Section 2.3 Authority to Conduct Business. Triad-ARMC shall be registered as a foreign entity
authorized to conduct business in the State of Texas. Abilene Hospital shall be registered as a
foreign entity authorized to conduct business in the State of Arizona.
ARTICLE III.
FORMATION OF ARMC LP
Section 3.1 Formation of ARMC LP. Effective on or before the date of this Agreement, SCHI, as the
limited partner, and Triad-ARMC, as the general partner, shall have formed a limited partnership in
accordance with the laws of the State of Delaware. The limited partnership formed by SCHI and
Triad-ARMC in accordance with this Section is a party to this Agreement and is referred to herein
as ARMC LP. The limited partnership agreement of ARMC LP shall provide that the Partnership may
engage in any lawful business permitted by the Delaware Revised Uniform Limited Partnership Act.
Section 3.2 Authority to Conduct Business. ARMC LP shall be registered as a foreign entity
authorized to conduct business in the State of Texas.
Section 3.3 Condition Precedent. The formation of the limited partnership described in this Article
III is conditioned upon the prior occurrence of the transaction described in Article II.
ARTICLE IV.
CONTRIBUTIONS TO ARMC LP
Section 4.1 Partner Contributions to ARMC LP. Effective as of 12:01 a.m. on September 1, 2002, the
following contributions shall occur in accordance with the terms and conditions of a Contribution
Agreement dated on or about August 31, 2002 among SCHI, Triad-ARMC and ARMC LP:
(a) SCHI shall contribute the assets and liabilities of ARMC to ARMC LP in exchange for a 99%
limited partner interest in ARMC LP; and
(b) Triad-ARMC will contribute cash in the amount of One Million One Hundred Forty-Eight Thousand
Two Hundred Ninety-Nine Dollars ($1,148,299) to ARMC LP in exchange for a 1% general partner
interest in ARMC LP.
Section 4.2 Conditions Precedent. The transactions described in this Article IV are conditioned
upon the prior occurrence of the transactions described in Article II followed by the transaction
described in Article III.
ARTICLE V.
CONTRIBUTION OF ARMC LP INTEREST
Section 5.1 Contribution of Partnership Interest. Effective as of 12:01 a.m. on September 1, 2002,
SCHI shall contribute its limited partner interest in ARMC LP to Abilene Hospital in accordance
with the terms and conditions of a Contribution Agreement dated on or about August 31, 2002 between
SCHI and Abilene Hospital.
Section 5.2 Conditions Precedent. The transaction described in this Article V is conditioned upon
the prior occurrence of the transactions described in Article II followed by the transaction
described in Article III followed by the transactions described in Article IV.
ARTICLE VI.
MERGER OF SCHI AND ABILENE MERGER
Section 6.1 Merger. Effective as of December 31, 2002, SCHI shall merge with and into Abilene
Merger in accordance with the terms and conditions set forth in the Agreement and Plan of Merger
between SCHI and Abilene Merger dated August 31, 2002. Abilene Merger shall be the surviving
entity.
Section 6.2 Conditions Precedent. The transaction described in this Article VI is conditioned upon
the prior occurrence of the transactions described in Article II followed by the transaction
described in Article III followed by the transactions described in Article IV followed by the
transaction described in Article V.
ARTICLE VII.
DISTRIBUTION OF QHG STOCK
Section 7.1 Distribution of QHG Stock to Quorum. Effective as of December 31, 2002, SCHI shall
distribute to Quorum, the sole shareholder of SCHI, all of the capital stock of QHG owned by SCHI.
Section 7.2 Conditions Precedent. The transaction described in this Article VII is conditioned upon
the prior occurrence of the transactions described in Article II followed by the transaction
described in Article III followed by the transactions described in Article IV followed by the
transaction described in Article V followed by the transaction described in Article VI.
ARTICLE VIII.
TRANSACTION SUMMARY
The parties intend that the foregoing transactions will result in the following organizational
structure:
(a) Abilene Merger will be the sole member of Triad-ARMC and the sole member of Abilene Hospital.
(b) Triad-ARMC and Abilene Hospital will be the general partner and limited partner, respectively,
of ARMC LP.
(c) ARMC LP will own all of the assets of ARMC.
(d) Quorum will be the sole shareholder of QHG.
(Remainder of page intentionally left blank)
IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by their duly authorized
representatives effective as of the 30th day of August, 2002.
QUORUM, INC.
|
NC-SCHI, INC. | |
By: /s/Xxxxxx X. Xxx
|
By: /s/Xxxxxx X. Xxx | |
Name: Xxxxxx X. Xxx
|
Name: Xxxxxx X. Xxx | |
Title: EVP
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Title: EVP | |
TRIAD-ARMC, LLC
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ABILENE HOSPITAL, LLC | |
By: /s/Xxxxxx X. Xxx
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By: /s/Xxxxxx X. Xxx | |
Name: Xxxxxx X. Xxx
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Name: Xxxxxx X. Xxx | |
Title: EVP
|
Title: EVP | |
ABILENE MERGER, LLC
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ARMC, L.P. | |
By: /s/Xxxxxx X. Xxx
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By: /s/Xxxxxx X. Xxx | |
Name: Xxxxxx X. Xxx
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Name: Xxxxxx X. Xxx | |
Title: EVP
|
Title: EVP |