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EXHIBIT 10.32
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 Vista
Healthcare, Inc. a Texas corporation, ("Vista") and Doctors Practice
Management, Inc., a Texas corporation ("DPMI").
WITNESSETH:
WHEREAS, Vista and DPMI desire to amend the Full Service Management
Agreement dated May 1, 1996 (the "Management Agreement"); and
WHEREAS, Vista 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 increase the management fee
from 28% of collections to 38% 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 hereof and thereof and that there exists no other agreements or
understandings between the parties whether oral or written. 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.
VISTA HEALTHCARE, INC.
By: /s/ Xxxxx Xxxxxxxxx
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XXXXX XXXXXXXXX, VICE PRESIDENT
DOCTORS PRACTICE MANAGEMENT, INC.
By: /s/ Xxxxxx Xxxx
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XXXXXX XXXX, VICE PRESIDENT
