EXHIBIT NO. 10. 3
AMENDMENTS TO FACILITIES AGREEMENT
AND
FACILITIES FEE REFUND AGREEMENT
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NOTE: THIS AGREEMENT WAS TERMINATED ON OCTOBER 1, 1995.
AMENDMENT TO FACILITIES AGREEMENT
AND
FACILITIES FEE REFUND AGREEMENT
Agreement dated as of the 24th day of September, 1984, between UCI Medical
Affiliates of South Carolina, Inc. ("Company"), a South Carolina corporation and
a wholly owned subsidiary of UCI Medical Affiliates, Inc. ("UCI"), and Doctor's
Care, P.A. ("PA") of South Carolina.
It is agreed that all provisions of the 1984 and Amendment shall remain in place
and that the following new provisions shall be added to the agreement and by
signature, each party is indicating their acceptance and ratification of the new
changes and the original/amended agreements.
(A) Additional compensation
1. Whereas, the Company does acknowledge the effort provided by the
PA, the Company wishes to recognize the results and provide the
following plan for the payment of the additional compensation:
a) All "Doctor's Care" facilities shall show a return on the
investment before calculation of any additional compensation being
paid to PA.
BASE PERCENTAGE
Seven Oaks $135,000 35%
Northeast 60,000 35%
60,000 25%
Columbia East - 0 - 50%
Lexington 22,500 35%
Forest Acres - 0 - 35%
Sumter 12,000 35%
West Columbia - 0 - 35%
Beltline - 0 - 25%
West Wateree - 0 - 25%
Xxxx Xxxxxx - 0 - 25%
Northwoods - 0 - 25%
Summerville - 0 - 25%
East Xxxxxxxxxx - 0 - 25%
Greenville - 0 - 25%
Upon the completion of the year end audit by the outside auditors,
the calculation shall be made for the amount of facility fee to be
due to PA.
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IN WITNESS WHEREOF, the parties have executed this Agreement on the
date of October 1, 1989.
UCI MEDICAL AFFILIATES, INC.
WITNESS: /s/ Xxxx Xxxxxx /s/ X.X. XxXxxxxxx
DOCTOR'S CARE, PA
WITNESS: /s/ Xxxx Xxxxxx /s/ X.X. XxXxxxxxx
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AMENDMENT TO FACILITIES AGREEMENT
AND
FACILITIES FEE REFUND AGREEMENT
Agreement dated as of the 24th day of September, 1984, between UCI Medical
Affiliates of South Carolina, Inc. ("Company"), a South Carolina corporation and
a wholly owned subsidiary of UCI Medical Affiliates, Inc. ("UCI"), and Doctor's
Care, P.A. ("PA"), of South Carolina.
In consideration of the Agreement of PA to utilize facilities, equipment and
other assets of the Company in South Carolina pursuant to the Facilities
Agreement between PA and Company dated September 24, 1984 (the "Facilities
Agreement"), Company and PA agree as follows:
1. PA and Company shall contemporaneously herewith execute the Facilities
Agreement and Facilities Fee Refund Agreement.
2. Should total fees collected by PA pursuant to the Facilities Agreement at
any time not be sufficient for PA to pay wages, salaries and other
compensation, including withholding, etc., for Professionals and other
medically related personnel employed by or under contract with PA, Company
shall, within five (5) days of written notice by PA of the amount of such
insufficiency and such documentation as may be reasonably required by
Company, pay over to Company an amount sufficient to enable PA to pay such
wages, salaries and other compensation.
3. Company agrees that the amounts to be paid pursuant to paragraph 1 of the
Facilities Fee Refund Agreement shall be paid to PA based upon the pre-tax
profit of the respective clinics regardless of the fee actually paid over
to Company under the Facilities Agreement, it being understood and agreed
by the parties that xxxxxxxx generated by a particular clinic will be used
to be extent necessary to pay wages, salaries and other compensation
required to be paid to Professionals and other medically related personnel
employed at existing clinics and clinics opened subsequent to the execution
of this Agreement.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
day and year first above written.
Attest: UCI MEDICAL AFFILIATES, INC.
/s/ Xxxx Xxxxx By: /s/ Xxxxxxx Xxxxxxxx
Secretary Its: Chairman of the Board
UCI MEDICAL AFFILIATES OF
SOUTH CAROLINA, INC.
/s/ Xxxx Xxxxx By: /s/ Xxxxxxx Xxxxxxxx
Secretary Its: President
DOCTOR'S CARE, P.A.
/s/ Xxxxxx X. Xxxxxxx By: /s/ X.X. XxXxxxxxx
Secretary Its: President
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