exv10w35b






EXHIBIT 10.35b




COMMITMENT SCHEDULE




Revolving Loan Commitments



	 	 	 	 	 	 	 	 	 
	 	 	Amount of Revolving	 	% of Aggregate Revolving
	Lender	 	Loan Commitment	 	Loan Commitment
	 
	 	 	 	 	 	 	 	 
	JPMorgan Chase Bank, National
Association
	 	$	40,909,090.90	 	 	 	23.376623371	%
	Citibank, N.A.
	 	$	25,454,545.45	 	 	 	14.545454543	%
	LaSalle Bank National Association
	 	$	25,454,545.45	 	 	 	14.545454543	%
	National City Bank
	 	$	25,454,545.45	 	 	 	14.545454543	%
	Charter One N.A.
	 	$	15,909,090.91	 	 	 	9.090909091	%
	BMO Capital Markets Financing,
Inc.
	 	$	15,909,090.91	 	 	 	9.090909091	%
	Allied Irish Banks PLC
	 	$	6,818,181.83	 	 	 	3.896103903	%
	Fifth Third Bank
	 	$	9,545,454.55	 	 	 	5.454545457	%
	The Huntington National Bank
	 	$	9,545,454.55	 	 	 	5.454545457	%
	TOTAL
	 	$	175,000,000.00	 	 	 	100	%






TERM LOAN COMMITMENTS ON FOLLOWING PAGE






 









 








Term Loan Commitments




	 	 	 	 	 	 	 	 	 
	 	 	Amount of Term Loan	 	% of Aggregate Term
	Lender	 	Commitment	 	Loan Commitment
	 
	 	 	 	 	 	 	 	 
	JPMorgan Chase Bank, National
Association
	 	$	27,272,727.27	 	 	 	27.272727270	%
	Citibank, N.A.
	 	$	14,545,454.55	 	 	 	14.545454540	%
	LaSalle Bank National Association
	 	$	14,545,454.55	 	 	 	14.545454540	%
	National City Bank
	 	$	14,545,454.55	 	 	 	14.545454540	%
	Charter One N.A.
	 	$	9,090,909.09	 	 	 	9.090909090	%
	BMO Capital Markets Financing,
Inc.
	 	$	9,090,909.09	 	 	 	9.090909090	%
	Fifth Third Bank
	 	$	9,545,454.55	 	 	 	5.454545450	%
	The Huntington National Bank
	 	$	9,545,454.55	 	 	 	5.454545450	%
	TOTAL
	 	$	100,000,000.00	 	 	 	100	%






 









 






PRICING SCHEDULE




	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Applicable	 	Level I	 	 	Level II	 	 	Level III	 	 	Level IV	 	 	Level V	 	 	Level VI	 
	Margin	 	Status	 	 	Status	 	 	Status	 	 	Status	 	 	Status	 	 	Status	 
	Eurodollar Rate
	 	 	0.75	%	 	 	0.875	%	 	 	1.00	%	 	 	1.25	%	 	 	1.50	%	 	 	1.75	%
	Floating Rate
	 	 	0	%	 	 	0	%	 	 	0	%	 	 	0	%	 	 	0.25	%	 	 	0.50	%






	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Applicable	 	 	 	 	 	 	 	 	 	 	 	 
	Fee	 	Level I	 	Level II	 	Level III	 	Level IV	 	Level V	 	Level VI
	Rate	 	Status	 	Status	 	Status	 	Status	 	Status	 	Status
	Commitment Fee
	 	 	0.15	%	 	 	0.175	%	 	 	0.20	%	 	 	0.25	%	 	 	0.30	%	 	 	0.35	%






     For the purposes of this Schedule, the following terms have the following meanings, subject to
the final paragraph of this Schedule:



     “Financials” means the annual or quarterly financial statements of the Borrower delivered
pursuant to Section 6.1.



     “Level I Status” exists at any date if, as of the last day of the fiscal quarter of the
Borrower referred to in the most recent Financials, the Leverage Ratio is less than 1.00 to 1.00.



     “Level II Status” exists at any date if, as of the last day of the fiscal quarter of the
Borrower referred to in the most recent Financials, the Leverage Ratio is equal to or greater than
1.00 to 1.00 but less than 1.50 to 1.00.



     “Level III Status” exists at any date if, as of the last day of the fiscal quarter of the
Borrower referred to in the most recent Financials, the Leverage Ratio is equal to or greater than
1.50 to 1.00 but less than 2.00 to 1.00.



     “Level IV Status” exists at any date if, as of the last day of the fiscal quarter of the
Borrower referred to in the most recent Financials, the Leverage Ratio is greater than or equal to
2.00 to 1.00 but less than 2.50 to 1.00.



     “Level V Status” exists at any date if, as of the last day of the fiscal quarter of the
Borrower referred to in the most recent Financials, the Leverage Ratio is greater than or equal to
2.50 to 1.00 but less than 3.00 to 1.00.



     “Level VI Status” exists at any date, if, as of the last day of the fiscal quarter of the
Borrower referred to in the most recent Financials, the Leverage Ratio is greater than or equal to
3.00 to 1.00.



 









 





     “Status” means either Level I Status, Level II Status, Level III Status, Level IV Status,
Level V Status or Level VI Status.



     The Applicable Margin and Applicable Fee Rate shall be determined in accordance with foregoing
table based on the Borrower’s Status as reflected in the then most recent Financials. Adjustments,
if any, to the Applicable Margin or Applicable Fee Rate shall be effective five Business Days after
the Administrative Agent has received the applicable Financials. If the Borrower fails to deliver
the Financials to the Administrative Agent at the time required pursuant to Section 6.1, then the
Applicable Margin and Applicable Fee Rate shall be the highest Applicable Margin and Applicable Fee
Rate set forth in the foregoing table until five days after such Financials are so delivered.



     Notwithstanding the foregoing, Level II Status shall be in effect until the Administrative
Agent receives the Financials for the Borrower’s fiscal quarter ending on June 30, 2007 and
adjustments to the Applicable Margin and Applicable Fee Rate shall thereafter be effected in
accordance with the preceding paragraph.



 









 





CREDIT AGREEMENT SCHEDULES




Schedule 2.20

Existing Letters of Credit



	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	(3)	 	 	 	(5)
	 	 	(1)	 	(2)	 	BANK	 	(4)	 	COMPANY/PURPOSE
	 	 	IN U.S. DOLLARS	 	RATE(c)	 	(L.C. NUMBER)	 	IN FAVOR OF	 	(PERIOD COVERED)
	(1)

	 	$	24,269	 	 	 	1.000	%	 	JP MORGAN CHASE

(SLT430047)
	 	LUMBERMENS MUTUAL
CASUALTY CO.
	 	CHEMED INSURANCE

(3/10/04-10/1/07)
	(2)

	 	$	4,093,000	 	 	 	1.000	%	 	JP MORGAN CHASE

(SLT430046)
	 	NATIONAL UNION FIRE

INSURANCE COMPANY OF

PITTSBURGH, PA
	 	CHEMED INSURANCE

(3/10/04-10/1/07)
	(3)

	 	$	25,000	 	 	 	1.000	%	 	JP MORGAN CHASE

(SLT335291)
	 	CITY OF CHICAGO, IL

DEPT OF

TRANSPORTATION
	 	RRSC STANDBY

(10/28/02-12/31/2009)
	(4)

	 	$	5,000	 	 	 	1.000	%	 	JP MORGAN CHASE

(SLT332674)
	 	TOWN OF RIVERHEAD, NY

RIVERHEAD SEWER

DISTRICT
	 	RRSC STANDBY

(8/13/03-7/31/07)
	(5)

	 	$	3,000,000	(f)	 	 	1.000	%	 	JP MORGAN CHASE

(SLT334126)
	 	FEDERAL INSURANCE

COMPANY CHUBB

COMMERCIAL INSURANCE
	 	CHEMED INSURANCE

(4/1/03-4/1/08)
	(6)

	 	$	3,529,000	(a)	 	 	1.000	%	 	JP MORGAN CHASE.
(SLT430044)
	 	CONTINENTAL CASUALTY
TRANSPORTATION
INSURANCE CO.
	 	CHEMED INSURANCE

(3/10/04-10/1/07)
	(7)

	 	$	13,000,000	(b)	 	 	1.000	%	 	JP MORGAN CHASE.
(SLT430109)
	 	ZURICH AMERICAN

INSURANCE CO
	 	CHEMED INSURANCE

(3/31/04-3/31/08)
	(8)

	 	$	1,647,190	(e)	 	 	1.000	%	 	JP MORGAN CHASE.
(SLT430043)
	 	RELIANCE INSURANCE

COMPANY
	 	VITAS INSURANCE

(3/10/04-10/1/07)
	(9)

	 	$	7,500,000	(d)	 	 	1.000	%	 	JP MORGAN CHASE

(SLT430041)
	 	SENTRY INSURANCE
	 	VITAS INSURANCE

(3/10/04-10/1/07)
	(10)

	 	$	1,500,000	 	 	 	1.000	%	 	JP MORGAN CHASE

(SLT430042)
	 	SENTRY INSURANCE
	 	VITAS INSURANCE

(3/10/04-10/1/07)
	(11)

	 	$	10,000	 	 	 	1.000	%	 	JP MORGAN CHASE

(S-214667)
	 	CITY OF LAKEWOOD, CO

DIRECTOR OR PUBLIC

WORKS
	 	RRSC STANDBY

(11/21/05-11/30/07)
	(12)	 	$	34,333,459	 	 	TOTAL LETTERS OF CREDIT








 




			
	(a)	 	Reduced by $3,985,000 on 2/2/05. Reduced by $1,649,000 on 12/8/05.
	 
	(b)	 	Increased by $4,000,000 on 4/19/05, Increased by $3.0 million on 4/7/06, Increased by $1.0
million on 4/17/07.
	 
	(c)	 	As of 3/8/07 Level Pricing Changed to 1.00%
	 
	(d)	 	Increased by $2,000,000 on 10/18/05. Increased $3.8 million on 7/11/06.
	 
	(e)	 	Increased by $47,190 on 7/11/06.
	 
	(f)	 	Reduced by $1,800,000 on 9/7/06.




 









 










Schedules 5.8 — Subsidiaries




Comfort Care Holdings Co.

Jet Resource, Inc.

Roto-Rooter Corporation

Roto-Rooter Services Company

Nurotoco of Massachusetts, Inc.

Roto-Rooter Group, Inc.

RR UK, Inc.

Roto-Rooter Development Company

Consolidated HVAC, Inc.

Vitas Healthcare Corporation

Vitas Hospice Services, L.L.C.

Vitas Healthcare Corporation of Illinois

Vitas Healthcare Corporation of California

Vitas Healthcare Corporation of Ohio

Vitas Healthcare Corporation of Florida

Vitas Healthcare Corporation of Central Florida

Vitas HME Solutions, Inc.

Vitas Holdings Corporation

Vitas Healthcare of Texas, L.P.

Hospice Care Incorporated

Vitas Healthcare Corporation of Georgia

Vitas Healthcare Corporation of Arizona

Vitas Healthcare Corporation Atlantic

Vitas Healthcare Corporation Midwest

Vitas Care Solutions, Inc.





 











 





Schedule 6.13

Existing Investments




	 	 	 	 	 	 	 	 	 	 	 
	 	 	Grantor	 	Issuer	 	Type	 	Amount
	(1)	 	Chemed Corporation	 	Roto-Rooter Development Company	 	Intercompany Receivable	 	$	3,761,617	 
	(2)	 	Chemed Corporation	 	Roto-Rooter Corporation	 	Intercompany Receivable	 	$	5,716,700	 
	(3)	 	Chemed Corporation	 	Consolidated HVAC, Inc.	 	Intercompany Receivable	 	$	51,570,376	 
	(4)	 	Chemed Corporation	 	Comfort Care Holdings Co.	 	Intercompany Receivable	 	$	39,721,071	 
	(5)	 	Chemed Corporation	 	Jet Resource, Inc.	 	Intercompany Receivable	 	$	1,193,640	 
	(6)	 	Chemed Corporation	 	Comfort Care Holdings Co.	 	Note Receivable	 	$	312,397,376	 
	(7)	 	Chemed Corporation	 	Patient Care, Inc.	 	Note Receivable	 	$	14,701,379	 
	(8)	 	Chemed Corporation	 	Patient Care, Inc.	 	Warrants	 	$	1,445,000	 
	(9)	 	Roto-Rooter Services Co.	 	Various independent contractors (total of 29)	 	Notes Receivable	 	$	1,802,748	 
	(10)	 	Roto-Rooter Group Inc.	 	Roto-Rooter of Canada Ltd.	 	Intercompany Receivable	 	$	162,331	 
	(11)	 	Roto-Rooter Services Co.	 	Roto-Rooter of Canada Ltd.	 	Intercompany Receivable	 	$	2,633,769	 
	(12)	 	Various Roto Rooter 
wholly owned 
subsidiaries	 	Complete Plumbing 
Service Inc. 	 	Intercompany 
Receivable	 	$	2,264,334	 






 









 






Schedule 6.14

Existing Indebtedness




	 	 	 	 	 	 	 
	Credit Party	 	Payable to	 	Amount
	Roto-Rooter Service Company
	 	Wray	 	$	46,665	 
	Roto-Rooter Service Company
	 	Kissans	 	$	4,579	 
	Roto-Rooter Service Company
	 	McCoy	 	$	148,753	 
	Roto-Rooter Service Company
	 	Logar, Inc.	 	$	198,794	 





Each of these promissory notes is part of the purchase price for an acquisition of certain assets.




VITAS ENTITIES



None.






 









 








Schedule 6.15

Existing Liens; Closing Date Surety Bond Liens



Debtor Name: Vitas Healthcare of Texas, L.P.




	 	 	 	 	 	 	 
	 	 	 	 	Filing Date;	 	 
	Jurisdiction/Filing Office	 	Thru Date	 	Number	 	Secured Party; Collateral
	 
	 	 	 	 	 	 
	Texas
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	UCC Liens — Secretary of
State

	 	12/03/03
	 	04/16/02;
020026788003
	 	RSCPF
Fredricksburg,
L.P.; Blanket Lien
on all property
located in leased
premises at 5430
Fredricksburg Road,
San Antonio, TX






 









 






Schedule 6.16

Transactions with Affiliates



None.






 









 








Schedule 6.18

Subsidiary Covenants



None.