Document:

Personaland Services Agreement

 Exhibit 10.50 
  
 PERSONNEL AND SERVICES AGREEMENT 
  
 This Personnel and Services Agreement (the “Agreement”) made effective as of December 1, 2004, by and between
Imaging Initiatives, Inc., a New York corporation with its principal offices located at 2234 Colonial Boulevard, Ft. Myers, FL 33907 (“Imaging”) and 21st Century Oncology, Inc. a Florida corporation with its principal office located at 2234 Colonial Boulevard, Fort Myers, Florida 33907 (“21st Century”). 
  
 WHEREAS, Imaging operates various facilities (the “Imaging Facilities”) where it provides medical imaging services. 
  
 WHEREAS, 21st Century provides personnel and administrative services in
connection with the provision of medical services. 
  
 WHEREAS,
Imaging desires 21st Century to provide it with administrative services and personnel required by Imaging in connection with the provision of imaging services and 21st Century desires to provide such personnel. 
  
 NOW, THEREFORE, for and in consideration of the mutual covenants herein
contained, the parties hereto agree as follows: 
  
 1. Personnel.

  
 (a) 21st Century shall provide the services of (i) an
administrative assistant (ii) accounting clerk and (iii) development staff to Imaging on a full-time basis in the case of (i) and (ii) and on an as-needed basis in the case of (iii) (the “21st Century Personnel”). 21st Century shall be responsible for recruiting, training, managing, supervising, compensating and terminating such 21st Century
Personnel. 21st Century shall be responsible for all salaries, fringe benefits, taxes and insurance necessary with respect to such 21st Century Personnel. The 21st Century Personnel shall remain 21st Century employees, and not Imaging employees.

  
 (b) It is expressly acknowledged by the parties hereto that
21st Century and the 21st Century Personnel are “independent contractors” of Imaging and nothing in this Agreement is intended or shall be construed to create with Imaging an employer/employee relationship or/a joint venture relationship
or to permit 21st Century to incur any obligation or enter into any agreement on behalf of Imaging, or to allow Imaging to exercise control or direction over the manner or method by which 21st Century or 21st Century Personnel performs the services
which are the subject matter of this Agreement. 21st Century understands and agrees that Imaging will not make any payment to 21st Century or the 21st Century Personnel and will not withhold on behalf of 21st Century or the 21st Century Personnel
any sums for income tax, unemployment insurance, social security, or any other withholding pursuant to any law or requirement of any governmental body relating to 21st Century or the 21st Century Personnel, or make available to 21st Century or the
21st Century Personnel any of the benefits afforded to employees of Imaging and that all of such payments, withholdings, and benefits, if any, are the sole responsibility of 21st Century. 
  

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 2. Services. 
  
 21st Century shall also provide services related to the provision of accounting, management and development services. 
  
 3. Payments. 
  
 (a) Imaging shall pay 21st Century an amount equal to Three Thousand Two Hundred Dollars ($3,200.00) per month (the “Development Fee”). The
Development Fee shall be payable by Imaging to 21st Century on a monthly basis. 
  
 (b) Imaging shall reimburse 21st Century on a pass-through basis for
21st Century Personnel who provide services solely for Imaging, which reimbursement shall equal the actual cost
incurred by 21st Century in connection with the employment and retention of the 21st Century Personnel (the
“Pass Through Amount”). Imaging shall advance 21st Century Eight Thousand Five Hundred and Fifty Dollars
($8,550.00) per month and settle the advances to the pass-through amount on an annual basis. The Development Fee and the Pass Through Amount shall be collectively referred to herein as the Administrative Fee. 
  
 (c) The Administrative Fee shall be payable to 21st Century not later than
the fifth (5th) day of each month for services rendered in the prior month. 
  
 4. Insurance. 
  
 21st
Century shall maintain in full force and effect, at its own cost and expense, at all times during the term of this Agreement, commercial and professional liability insurance covering all risks and exposures arising out of the performance of services
pursuant to this Agreement by 21st Century or the 21st Century Personnel. 
  
 5. Term and Termination of Agreement. 
  
 (a) Term. This Agreement shall be deemed effective as of December 1,
2003 and shall remain in effect until November 30, 2006. 
  
 (b)
Termination. 
  
 (i) Termination by
Agreement. In the event 21st Century and Imaging shall mutually agree in writing, this Agreement may be terminated on the terms and date stipulated therein. 
  
 (ii) Termination on Notice of Breach of the Agreement. Either party may terminate this Agreement upon
thirty (30) days’ prior written notice to the other upon a breach hereof, which breach has not been cured to the reasonable satisfaction of the notifying party within such thirty (30) day period. 
  

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 (iii) Immediate Termination. Notwithstanding anything herein to the contrary,
either party may terminate this Agreement immediately upon written notice to the other party in the event (i) the other party fails to maintain the insurance required hereunder; or (ii) the other party loses or has suspended its license or other
authority to perform its obligations hereunder which loss or suspension is not stayed within thirty (30) days’ notice thereof. 
  
 (iv) Effects of Termination. Upon termination of this Agreement as herein above provided, neither party shall have any further
obligation hereunder except for: (i) obligations accruing prior to the date of termination; and (ii) obligations, promises or covenants contained herein which are expressly made to extend beyond the term of this Agreement. 
  
 6. Miscellaneous. 
  
 (a) Governing Law. This Agreement has been executed and delivered in
and shall be interpreted, construed and enforced pursuant to and in accordance with the laws of the state of Florida, without consideration of principles of conflicts of law. 
  
 (b) Assignment. No assignment of this Agreement or the rights and obligations hereunder shall be valid without the
specific written consent of both parties hereto. 
  
 (c) Waiver
of Breach. The waiver by either party of a breach or violation of any provision of this Agreement shall not operate as, or be construed to be, a waiver of any subsequent breach of the same or other provision hereof. 
  
 (d) Severability. In the event any provision of this Agreement is held
to be unenforceable for any reason, the unenforceability thereof shall not affect the remainder of this Agreement, which shall remain in full force and effect and enforceable in accordance with its terms. 
  
 (e) Amendments. Any amendments to this Agreement shall be in writing
and shall be executed by a duly authorized representative of each party. 
  
 (f) Entire Agreement. This Agreement constitutes the entire Agreement between the parties relating to the subject matter of this Agreement. 
  
 (g) Counterparts. This Agreement may be executed in counterparts, each of which shall be considered an original and
all of which taken together shall constitute a single instrument. 
  

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 IN WITNESS WHEREOF, the undersigned have executed this Agreement as of this
     day of November 2003. 
  

			
	21ST CENTURY ONCOLOGY, INC.
		
	By:	 	 /s/ David M. Koeninger

	Name:	 	David M. Koeninger
	Title:	 	Vice President and Chief Financial Officer
	
	IMAGING INITIATIVES, INC.
		
	By:	 	 /s/ Howard S. Sheridan, M.D.

	Name:	 	Howard S. Sheridan, M.D.
	Title:	 	President and CEO

  

 4Amendment to Employment Agreement

 Exhibit 10.1 
  
 ON SEMICONDUCTOR CORPORATION 
 SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC 
  
 February 17, 2005 
  
 William George 

3617 E. Camino Sin Nombre 
 Paradise Valley, AZ 85253 
  
 Dear Bill: 
  
 As you know, ON Semiconductor Corporation and Semiconductor Components Industries, L.L.C. (collectively, the
“Company”) executed a letter agreement with you on August 5, 2003 to modify certain of your employment and compensation arrangements with the Company. Since that time, we have conducted additional discussions regarding your anticipated
retirement from the Company. As a result of those discussions, the Board of Directors (“Board”) of the Company approved a one-year extension of your Employment Agreement dated October 27, 1999, as previously amended on October 1, 2001
(“Amendment 1”) and August 5, 2003 (“Amendment 2”). Accordingly, we have prepared this letter agreement of today’s date (“Amendment 3”) in order to memorialize our mutual understanding of your current anticipated
retirement date and the Board’s approval of that understanding. All defined terms used herein that are not otherwise defined herein shall have the meanings ascribed to such terms in the Employment Agreement. 
  
 I. Amendment 3 to Employment Agreement, as Previously Amended. 
  
 (a) Section 3 of the Employment Agreement, Sub-Section I(a) of Amendment 1
and Sub-Section I(a) of Amendment 2 are each hereby amended by extending the “Scheduled Termination Date” to be August 4, 2006; 
  
 (b) Sub-Section 2(a) of the Employment Agreement and Sub-Section I(b) of Amendment 2 are hereby amended and replaced in their entirety by the following:

  
 “As compensation for the agreements made by the
Executive herein and the performance by the Executive of his obligations hereunder during the Employment Period, the Company shall pay the Executive, pursuant to the Company’s normal and customary payroll procedures, a base salary at the rate
of $345,000 per annum, (the “Base Salary”). The Board of Directors of the Company (the “Board”) shall review the Executive’s Base Salary from time to time.” 
  
 (c) Except as specifically provided herein, all other terms and conditions provided in the Employment Agreement, as
previously amended, shall remain in full force and effect. 
  
 With regard to Sub-Section I(b) immediately above, your new Base Salary of $345,000 per annum has already been put into effect with the approval of the Board as of August 9, 2004. 

 George Amendment 3 
 February
17, 2005 
 Page Two 
  
 II. Stock Option. 
  
 (a) For purposes of paragraph 8.1(a) only of the stock option agreement dated as of February 5, 2004 between you and the Company, the “Scheduled
Termination Date” shall remain August 4, 2005. 
  
 (b) Except
as otherwise specifically provided in this Amendment 3, all terms and conditions of your February 5, 2004 stock option agreement shall remain in full force and effect. 
  
 Please acknowledge your agreement to this Amendment 3 by signing in the appropriate space below. Amendment 3 shall be
effective as of August 5, 2004 provided that it is executed by each of the parties hereto. A facsimile of a signature shall be deemed to be and have the same force and effect as an original. 
  

			
	Sincerely,
	
	ON SEMICONDUCTOR CORPORATION
	SEMICONDUCTOR COMPONENTS INDUSTRIES, LLC
		
	By:	 	 /S/ KEITH D. JACKSON

	 	 	Keith D. Jackson, President and Chief Executive Officer

  
 Agreed and acknowledged to as of
17th day of February 2005: 
  

	
	 /S/ WILLIAM GEORGE

	WILLIAM GEORGE

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