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EXHIBIT 10.33
AMENDMENT NO. 1 TO FULL SERVICE MANAGEMENT AGREEMENT
This Amendment No. 1 to the Full Service Management Agreement (the
"Amendment") is entered into effective September 1, 1996 by and between Ping X.
Xxx, M. D. an individual residing in Houston, Texas ("Chu") and Doctors
Practice Management, Inc., a Texas corporation ("DPMI").
WITNESSETH:
WHEREAS, Chu and DPMI desire to amend the Full Service Management
Agreement dated March 1, 1996 (the "Management Agreement"); and
WHEREAS, Chu and DPMI, following the execution and effectiveness of
this Amendment, desire to continue the Management Agreement in full force and
effect without further amendment thereto;
NOW, THEREFORE, for and in consideration of the premises and other
good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto agree as follows:
1. AMENDMENT. The parties hereto hereby agree that Section 5.1
of the Management Agreement is hereby amended to reduce the management fee from
40% of collections to 35% of collections.
2. ENTIRE AGREEMENT; NO FURTHER AMENDMENTS. The parties hereto
acknowledge and agree that this Amendment and the Management Agreement
represent the entire agreement of the parties with respect to the subject
matter thereof and that there exists no other agreements or understandings
between the parties with respect to the subject matter thereof. The Management
Agreement may not be further amended without the written consent of both
parties thereto.
IN WITNESS WHEREOF, the parties hereto have entered into this
Amendment effective as of September 1, 1996.
DOCTORS PRACTICE MANAGEMENT, INC.
By: /s/ Xxxxxx Xxxx
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XXXXXX XXXX, VICE PRESIDENT
PING X. XXX, M.D., INDIVIDUALLY
By: /s/ Ping X. Xxx
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PING X. XXX, M.D.
