HORIZON BLUE CROSS BLUE SHIELD OF NEW JERSEY
HORIZON HEALTHCARE OF NEW JERSEY, INC.
Three Xxxx Xxxxx Xxxx
Xxxxxx, Xxx Xxxxxx 00000
March 26, 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 (the "Agreement") 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.
This letter will confirm our agreement to amend the Agreement by substituting
the date May 31, 2001 for the date March 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.
CareAdvantage, Inc.
CW Ventures II, L.P.
March 26, 2001
Page 2
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
