OMNIBUS AMENDMENTOmnibus Amendment • May 14th, 2008 • Proxymed Inc /Ft Lauderdale/ • Services-computer processing & data preparation • New York
This Omnibus Amendment (this “Amendment”), dated as of May 8, 2008, is entered into by Proxymed, Inc., a Florida corporation doing business as MedAvant (the “Parent”), ProxyMed Transaction Services, Inc., (f/k/a MedUnite, Inc.) a Delaware corporation (“PTS”) and ProxyMed Lab Services LLC (f/k/a Key Communications Service, Inc.), a Delaware limited liability company (“PLS”, and together with the Parent and PTS, the “Companies” and each, a “Company”) and LV Administrative Services, Inc., as administrative and collateral agent (the “Agent”) for Laurus Master Fund, Ltd., a Cayman Islands company (“Laurus”, and together with Agent, the “Creditors”) for the purpose of amending the terms of each of (i) that certain Security and Purchase Agreement, dated as of December 6, 2005, by and among the Companies and Laurus (as amended, restated, modified, assigned and/or supplemented from time to time, the “Security Agreement”) and (ii) that certain Secured Revolving Note, dated as of December 6, 2005
