PARENT DISCLOSURE SCHEDULE
EXHIBIT 10.51
This Parent Disclosure Schedule has been prepared and delivered in accordance with that certain Agreement and Plan of Merger, dated as of October 15, 2002 (the “Agreement”), by and among SunLink Health Systems, Inc., an Ohio corporation (“SunLink” or “Parent”), HM Acquisition Corp., a Delaware corporation (“Merger Sub”), on the one hand, and HealthMont, Inc., a Tennessee corporation (the “Company”), on the other hand. Unless the context otherwise requires, terms that are not defined in this Parent Disclosure Schedule shall have the meanings set forth in the Agreement. The Parent Disclosure Schedule is qualified in its entirety by reference to specific provisions of the Agreement.
Section 1.6(a)
Consideration for Termination of Director Consulting Agreements
Parent shall issue an aggregate of 35,000 Parent Shares to the following individuals as indicated below in connection with the Consulting Termination Agreements:
| Name |
Number of Parent Shares | |
| Xxx X. Xxxxx |
5,000 | |
| Xxxx X. Xxxxxxxx |
5,000 | |
| X. Xxxxxx Xxxxxx |
5,000 | |
| Xxx X. Xxxx |
5,000 | |
| Xxxx X. Xxxxxx |
5,000 | |
| Xxxxxxx X. Xxxxxxxx |
5,000 | |
| Xxxxx X. Xxxxxxxx |
5,000 | |
| 35,000 |
Section 1.6(b)
Consideration for LOC Agreements
Parent shall issue an aggregate of 60,000 Parent Shares to the following individuals as indicated below in connection with the LOC Agreements:
| Name |
Number of Parent Shares | |
| Xxxx X. Xxxxxxxx |
7,273 | |
| X. Xxxxxx Xxxxxx |
14,545 | |
| Chicago Private Investments |
18,182 | |
| Xxxxxxx X. Xxxx |
1,818 | |
| Xxxxxxx X. Xxxxxxxx |
18,182 | |
| 60,000 |
Executed as of this 15th day of October, 2002.
SUNLINK HEALTH SYSTEMS, INC.
By: Xxxxxx X. Xxxxxxxx, Xx.
Its: President and CEO
