MODIFICATION OF SETTLEMENT AND RELEASE AGREEMENTSettlement and Release Agreement • December 5th, 2014 • First Physicians Capital Group, Inc. • Services-general medical & surgical hospitals, nec
Upon mutual execution by the Parties hereto, this document shall amend and modify that certain Confidential Settlement and Release Agreement (the “Agreement”) made and entered into on November 30, 2011 by and between Carol Schuster, an individual (“Schuster”), Michael Schuster, an individual (“Michael Schuster”), First Physicians Capital Group, Inc. (f/k/a Tri-Isthmus Group, Inc.), a Delaware corporation ( “First Physicians”), and Rural Hospital Acquisition, LLC, an Oklahoma limited liability company (individually, “RHA” collectively with First Physicians, “Defendants”) (all of the foregoing, collectively, the “Parties”).
CONFIDENTIAL SETTLEMENT AND RELEASE AGREEMENTConfidential Settlement and Release Agreement • December 5th, 2014 • First Physicians Capital Group, Inc. • Services-general medical & surgical hospitals, nec • Oklahoma
This Confidential Settlement and Release Agreement (this “Agreement”) is made and entered into on November 30, 2011 (the “Effective Date”) by and between Carol Schuster, an individual (“Schuster”), Michael Schuster, an individual (“Michael Schuster”), First Physicians Capital Group, Inc. (f/k/a Tri-Isthmus Group, Inc.), a Delaware corporation (“First Physicians”), and Rural Hospital Acquisition, LLC, an Oklahoma limited liability company (“RHA”). Schuster, Michael Schuster, First Physicians, and RHA are referred to herein individually as a “Party” and collectively as the “Parties.”
Maturity Date Extension January 17, 2014First Physicians Capital Group, Inc. • December 5th, 2014 • Services-general medical & surgical hospitals, nec
For good and valuable consideration, the sufficiency of which is hereby acknowledged, the parties hereto agree to extend the maturity date of that certain Promissory Note, dated February 6, 2009 (the “Note”), granted by First Physicians Capital Group, Inc., a Delaware corporation (the “Company”), to the undersigned (the “Holder”), to June 30, 2014.
