GUARANTY INDUCEMENT AND OFFSET AGREEMENTGuaranty Inducement and Offset Agreement • October 21st, 2004 • Prospect Medical Holdings Inc • Services-offices & clinics of doctors of medicine • California
Contract Type FiledOctober 21st, 2004 Company Industry JurisdictionTHIS GUARANTY INDUCEMENT AND OFFSET AGREEMENT, dated as of September 27, 2004 (this "Agreement") is entered into by and among Prospect Medical Group, Inc., a California professional corporation ("PMG"), Prospect Medical Holdings, Inc., a Delaware corporation ("Holdings"; and together with PMG, each a "Borrower" and collectively, "Borrowers"), Prospect Medical Systems, Inc., a Delaware corporation ("PMS"), Sierra Medical Management, Inc., a Delaware corporation ("SMM"), and Pinnacle Health Resources, a California corporation ("PHR"), Sierra Primary Care Medical Group, A Medical Corporation, a California professional corporation ("Sierra Primary"), Santa Ana/Tustin Physicians Group, Inc., a California professional corporation ("Santa Ana/Tustin"), Pegasus Medical Group, Inc., a California professional corporation ("Pegasus"), Antelope Valley Medical Associates, Inc., a California professional corporation ("Antelope"), Nuestra Familia Medical Group, Inc., a California professional corpora