PARTICIPATION AGREEMENT among HEALTH NET FUNDING, INC. HEALTH NET, INC. LODGEMORE HOLDINGS INC. ING BANK N.V. and HEALTH NET FINANCING, L.P. dated as of December 19, 2007Participation Agreement • December 20th, 2007 • Health Net Inc • Hospital & medical service plans • New York
THIS PARTICIPATION AGREEMENT dated as of December 19, 2007 (as such agreement may from time to time be amended, supplemented or otherwise modified in accordance with the terms hereof, this "Agreement") is by and among HEALTH NET FUNDING, INC., a Delaware corporation (together with its successors and permitted assigns, "U.S. Investor"), HEALTH NET, INC., a Delaware corporation (together with its successors and permitted assigns, "U.S. Parent"), LODGEMORE HOLDINGS INC., a Canadian corporation (together with its successors and permitted assigns, "Canadian Investor"), ING BANK N.V., a public company (naamloze vennootschap) organized under the laws of the Netherlands (together with its successors and permitted assigns, "Credit Risk Bank"), and HEALTH NET FINANCING, L.P., a Delaware limited partnership (together with its successors and permitted assigns, the "Partnership").
