HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY HORIZON HEALTHCARE
OF NEW JERSEY, INC.
Three Xxxx Xxxxx Xxxx
Xxxxxx, Xxx Xxxxxx 00000
August 9, 2001
CareAdvantage, Inc.
Metropolitan Corporate Plaza
000-X Xxxxx 0 Xxxxx
Xxxxxx, Xxx Xxxxxx 00000
CW Ventures II, L.P.
0000 Xxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Re: Satisfaction of Debt Agreement
Ladies and Gentlemen:
Reference is made to the Satisfaction of Debt Agreement dated as of November 1,
2000 among Horizon Blue Cross Blue Shield of New Jersey, Horizon Healthcare of
New Jersey, Inc., CareAdvantage, Inc., CareAdvantage Health Systems, Inc. and
Contemporary HealthCare Management, Inc. (as amended by letter agreement dated
March 26, 2001, the "Agreement").
This letter will confirm our agreement to further amend the Agreement, effective
as of May 31, 2001, by substituting the date September 30, 2001 for the date May
31, 2001 in Section 2.1 of the Agreement.
Except as set forth in the preceding paragraph, the Agreement remains in full
force and effect.
Please acknowledge your acceptance of and agreement with the foregoing by
signing and returning the enclosed copy of this letter.
Very truly yours,
HORIZON BLUE CROSS BLUE
SHIELD OF NEW JERSEY
By:/s/ Xxxxxx X. Pures
-------------------------------------
Name: Xxxxxx X. Pures
Title: Senior Vice President, Chief
Executive Officer and Treasurer
HORIZON HEALTHCARE OF
NEW JERSEY, INC.
By:/s/ Xxxxxxx X. Xxxxxxx
-------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Title: Treasurer
ACCEPTED AND AGREED:
CAREADVANTAGE, INC.
By: /s/ Xxxxxx X. Xxxxxx
----------------------------------------
Name: Xxxxxx X. Xxxxxx
Title: Chief Executive Officer
CW VENTURES II, L.P.
By: CW PARTNERS III, L.P., its General Partner
By:/s/ Xxxxx Xxxxxxxx
-----------------------------------
Name: Xxxxx Xxxxxxxx
Title: General Partner
