Hudson Hospital Holdco, LLC c/o Bruce R. GilbertNew Jersey • December 23rd, 2011
Jurisdiction FiledDecember 23rd, 2011Please accept this Letter of Intent (“Letter”) related to a possible transaction (the “Transaction”) in which Hudson Hospital Holdco, LLC (the “Buyer”) will, together with its representatives and agents, be afforded the non-exclusive opportunity to conduct due diligence investigations and acquisition negotiations with respect to the proposed acquisition of substantially all of the assets of Christ Hospital (the “Hospital). As used herein, the term “Parties” means the Buyer and the Seller. The Buyer is currently in discussions with LibertyHealth, Inc to determine if there is mutual interest for LibertyHealth and the Buyer to participate in a transaction through a Joint Venture. The Buyer’s proposal is not contingent upon LibertyHealth’s participation. The Buyer is owned by the principals of Bayonne Medical Center and Hoboken University Medical Center.