Exhibit 3 September 30, 1996 Blue Cross Blue Shield of Texas, Inc. 901 South Central Expressway Richardson, Texas 75080 Gentlemen: The undersigned understands that Blue Cross Blue Shield of Texas, Inc. ("BCBSTX") proposes to enter into Secured...Secured Convertible Term Loan Agreement • January 14th, 1997 • Burns James A • Services-management services
The undersigned understands that Blue Cross Blue Shield of Texas, Inc. ("BCBSTX") proposes to enter into Secured Convertible Term Loan Agreement with Managed Care Solutions, Inc. ("MCS") pursuant to which BCBSTX proposes to loan MCS $3,000,000 (the "Loan").
