EXHIBIT 10.7
X-XXXXXXX.XXX
000 Xxxxxxxxxx Xxxxxx, Xxxxx 000
Xxxxxxx, Xxxxxxxxxxxxx 00000
October 18, 2001
Xx. Xxxxxxx Xxxxxxxx
Xx. Xxxxx Xxxxxxxx
Xx. Xxxx X. Xxxxx
c/o Tender Loving Care Health
Care Services, Inc.
0000 Xxxxxx Xxxxxx
Xxxx Xxxxxxx, Xxx Xxxx 00000
Gentlemen:
We refer to (i) the Employment Agreements, each dated as of
the date hereof (collectively, the "Employment Agreements"), between Tender
Loving Care Health Care Services, Inc. ("Company") and Xxxxxxx Xxxxxxxx, Xxxxx
Xxxxxxxx and Xxxx X. Xxxxx, respectively, and (ii) the Agreement, dated the date
hereof, by and among Company, Xxxxxxx Xxxxxxxx, Xxxxx Xxxxxxxx and Xxxx X. Xxxxx
(the "Additional Payment Agreement").
X-XxxXxxx.xxx hereby guarantees the payment by Company to
Xxxxxxx Xxxxxxxx, Xxxxx Xxxxxxxx and Xxxx X. Xxxxx of (i) their respective
"Signing Bonus" (as such term is defined in the Employment Agreements) payable
by Company to each such person and (ii) the amounts payable by Company to each
such person under the Additional Payment Agreement. X-XxxXxxx.xxx shall make
such payments to such persons directly or shall contribute such amounts to
Company and cause Company to make such payments to such persons when due.
X-XXXXXXX.XXX
By: /s/ Xxxxx Xxxxxxxxxxxx
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Xxxxx Xxxxxxxxxxxx
President and Co-Chief
Executive Officer
