PREPAYMENT AND SETTLEMENT ALLOCATION AGREEMENTPrepayment and Settlement Allocation Agreement • September 7th, 2004 • Wellcare Health Plans, Inc. • Hospital & medical service plans • New York
This PREPAYMENT AND SETTLEMENT ALLOCATION AGREEMENT (this “Agreement”) is made and entered into as of August 31, 2004, by and among WellCare Health Plans, Inc., a Delaware corporation and successor-in-interest to WellCare Holdings, LLC, a Delaware limited liability company (“Parent”); WCG Health Management, Inc., a Delaware corporation f/k/a WellCare Health Plans, Inc. and WellCare Acquisition Company (“WellCare”); and Kiran C. Patel (the “Stockholder Representative”), acting on behalf of Pallavi Patel, Pradip C. Patel, Swati Patel, Rupesh Shah and Nita Shah as well as himself (collectively, the “Stockholders”). Parent, WellCare and the Stockholder Representative are sometimes referred to in this Agreement individually as a “Party” and collectively as the “Parties,” and Parent, WellCare and its Subsidiaries are sometimes referred to in this Agreement collectively as the “WellCare Companies”.
