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Exhibit 10.5
XXXXXXX XXXXX XXXXX, ESQUIRE
LEGAL COUNSEL
DIRECT DIAL: (000) 000-0000
VIA FACSIMILE AND FEDERAL EXPRESS
January 7, 2000
Xxxxxxx X. Xxxxx
Ball & Xxxxxxx, Ltd., PLLC
X.X. Xxxx Plaza
000 X. Xxxxxx, Xxxxx 000
Xxxxxxxxxxxx, Xxxxxxxx 00000
Re: Acquisition of Balanced Care Corporation's Missouri Assets or
Lease Rights and Operations - Asset Purchase Agreement - Fourth
Amendment
Dear Xxx:
As we discussed today, the purpose of this letter is to memorialize in
writing our understanding of the following amendment to the Asset Purchase
Agreement (the "Agreement"):
Balanced Care Corporation, for itself and for each of its Subsidiaries
("Seller") and Christian Health Care of Missouri, Inc. ("Buyer") hereby agree
that Section 5.1(ii) is changed to read as follows: "(ii) January 11, 2000
(the "Closing")."
The parties further agree that, within ten (10) days of the Closing, they
will agree upon a pro-rata calculation for receivables for the month of January.
If this amendment meets with your approval, please have the Seller
acknowledge below and return this letter amendment to Xxxxxxx Xxxxx Xxxxx at the
address below. If you have any questions, please let me know.
Thank you for your consideration.
Acknowledged, Agreed to and Accepted:
SELLER: PURCHASER:
BALANCED CARE CORPORATION, CHRISTIAN HEALTH CARE OF
for itself and for each of its Subsidiaries MISSOURI, INC.
By:/s/Xxxx X. Xxxxxxxxx By: /s/Xxxxx X. Xxxxxxx
Xxxx X. Xxxxxxxxx Xxxxx X. Xxxxxxx
Chairman and CEO President