Document:

Exhibit 10.1

 

EXHIBIT 10.1

UTAH DEPARTMENT
OF HEALTH

Box 143104
288 North 1460 West, Salt Lake City, Utah 84114-3104

CONTRACT
AMENDMENT

	 	 	 	 	 	 	 
	H0535503

	 	 	 	 	066222	 
	 	 	 	 	 
	Department Log Number

	 	 
	 	State Contract Number

	 

	 	Amendment Number 04
	 	 

	 	 	 	 
	1.	 	CONTRACT NAME:
	 
	 	 	The name of this Contract is Health Plan - Molina.
	 
	2.	 	CONTRACTING PARTIES:
	 
	 	 	This Contract Amendment is between the Utah Department of Health (DEPARTMENT), and Molina Healthcare of Utah (CONTRACTOR).
	 
	3.	 	PURPOSE OF CONTRACT AMENDMENT:
	 
	 	 	To extend the Contract period to June 30, 2008 and to increase the Contract amount by $72,000,000.00 to cover the additional six
months. The DEPARTMENT and the CONTRACTOR will negotiate a new savings sharing provision for State Fiscal Year 2008.
	 
	4.	 	CHANGES TO CONTRACT:
	 
	 	 	A.  	On Page 1, paragraph 3, CONTRACT PERIOD, is changed to read as follows: 
	 
	 	 	  	“The service period of this Contract will be January 1, 2006 through June 30, 2008,
unless terminated or extended by agreement and in accordance with the terms and conditions of this Contract. This Contract may be extended 1 time, at the option of the
DEPARTMENT, by means of an amendment to this Contract. Such extension must be in writing.”
	 
	 	 	B.  	On Page 1, paragraph 4, CONTRACT AMOUNT, is changed to read as follows:
	 
	 	 	  	“The CONTRACTOR will be paid up to a maximum amount of $357,250,000.00 in accordance with
the provisions in this Contract. This Contract is funded with 71.26% Federal funds and with 28.74% State funds. The CFDA# is 93.778 and relates to the Federal funds
provided.
	 
	 	 	C.  	All other provisions of the Agreement remain unchanged.
	 
	5.	 	EFFECTIVE DATE OF AMENDMENT: This amendment is effective January 1, 2008.
	 
	6.	 	If the Contractor is not a local public procurement unit as defined by the Utah Procurement Code (UCA § 63-56-5), this Contract Amendment must be signed by a
representative of the State Division of Finance and the State Division of Purchasing to bind the State and the Department to this Contract Amendment.
	 
	7.	 	This Contract, its attachments, and all documents incorporated by reference constitute the entire agreement between the parties and supercede all prior negotiations,
representations, or agreements, either written or oral between the parties relating to the subject matter of this Contract.

IN WITNESS WHEREOF, the parties sign this Contract Amendment.

	 	 	 	 	 	 	 	 	 	 	 	 	 
	CONTRACTOR: Molina Healthcare of Utah
	 	UTAH DEPARTMENT OF HEALTH
	 
	By:

	 	/s/ Paul Muench	 	11/27/07	 	By:	 	/s/ Shari A. Watkins, C.P.A.	 	12/4/07
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	Signature of Authorized Individual
	 	Date
	 	 	 	Shari A. Watkins, C.P.A.
	 	Date
	 

	 	 	 	 	 	 	 	 	 	Director	 	 
	Print Name:

	Paul Muench
	 	 	 	 	 	Office of Fiscal Operations	 	 
	 
	Title:

	 	Executive Director	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 	 	CONTRACT RECEIVED AND

PROCESSED BY	 	 
	 

	 	 	 	 	 	 	 	 	 	DIVISION OF FINANCE	 	DEC 17, 2007
	 

	 	 	 	 	 	 	 	 	 	State Finance:
	 	Date
	 
	 

	 	 	 	 	 	 	 	 	 	/s/ Apichino	 	DEC 14, 2007
	 

	 	 	 	 	 	 	 	 	 	State Purchasing:
	 	Date

Page 1 of 1EX-10.1 AMENDMENT TO EMPLOYMENT AGREEMENT

 

Exhibit 10.1

AMENDMENT TO

EMPLOYMENT AGREEMENT

     THIS
AMENDMENT (this “Amendment”) is made and entered into
as of December 27, 2007, by and
between KENNETH D. RARDIN (the “Executive”) and MERGE TECHNOLOGIES INCORPORATED, a Wisconsin
corporation (the “Company”).

RECITALS:

     This Amendment amends that certain Employment Agreement entered into by and between the
Executive and the Company as of September 6, 2006 (the “Agreement”). All defined terms used herein
but not defined herein shall have the meanings set forth for such terms in the Agreement.

     NOW THEREFORE, in consideration of the promises, mutual covenants and agreements contained
herein, and for other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the Company and the Executive do hereby agree as follows:

     1. Section 7 of the Agreement is hereby deleted in its entirety and replaced with the
following:

Location of Job Responsibilities. The Executive and the Company
understand and agree that Executive’s duties under this Agreement shall be
primarily performed at the Company’s global administrative offices located in
Alpharetta, Georgia, as well as from such other offices of the Company as agreed
to by the Executive and the Board.

     2. Section 8 of the Agreement is hereby deleted in its entirety and replaced with the
following:

Disability Benefit. If at any time during the Employment Period the
Executive is unable to perform fully the material and substantial duties of the
Executive’s regular job position hereunder by reason of illness, accident, or
other disability (as confirmed by competent medical evidence by a physician
selected jointly by the Board and the Executive), the Executive shall be entitled
to receive periodic payments of Salary, Bonus and any and all benefits to which he
would otherwise be entitled pursuant to Section 4, 5, 6, 9, 11 and 12 of this
Agreement by reason of his employment for a period of ninety (90) days. If
the Executive is prevented by reason of any illness, accident or other disability

 

 

from performing the material and substantial duties of his regular job position
for a period of 180 days, whether or consecutive, in any 12 month period which
incapacity, in the opinion of a physician selected jointly by the Board and the
Executive is likely to continue to the same degree, he will be considered to be
suffering from a disability (“Disability”). Notwithstanding the foregoing
provisions (i) the amounts payable to the Executive pursuant to this Section 8
shall be reduced by any amounts received by the Executive with respect to any such
incapacity pursuant to any insurance policy, plan, or other employee benefit
provided to the Executive by the Company and paid for by the Company; and (ii) in
no event will the terms of this Agreement supersede any health or disability
benefit to which Executive is entitled under applicable law. Furthermore, the
Company will not materially reduce the long-term disability insurance benefits for
the Executive from the level currently in effect.

     3. Subsection 13(a)(2) of the Agreement is hereby deleted in its entirety and replaced with
the following:

(2) In the event of the Disability of the Executive as defined in Section
8 of this Agreement, subject to the Company discharging its duty to
accommodate under applicable law, by written notice to the Executive, or in the
event of the death of the Executive;

     4. Section 14 of the Agreement is hereby amended by deleting the words “Subsection 13(a)(3) or
(b)(2)” from the first sentence of the first paragraph and from the first sentence of the second
paragraph and replacing such words in both paragraphs with “Subsection 13(a)(2) in the case only of
termination due to Disability, Subsection 13(a)(3) or Subsection 13(b)(2)”.

     5. Section 20(d) of the Agreement is hereby deleted in its entirety and replaced with the
following:

Entire Agreement. The Agreement, as amended by that certain Amendment
entered into as of December 27, 2007 by and between the parties hereto, constitutes the
entire agreement between the parties with respect to the Executive’s duties and
compensation as an executive of the Company, and there are no representations,
warranties, agreements or commitments between the parties hereto with respect to
his employment except as set forth herein or in such Amendment. No presumption
shall be made in favor or against either party based upon who has served as
draftsman of the Agreement or any amendment.

 

 

     6. This Amendment may be executed simultaneously in counterparts, each of which shall be
deemed an original but all of which together shall constitute one and the same instrument.

[Signatures on following page]

 

 

     IN WITNESS WHEREOF, this Amendment is entered into as of the day and year first above written.

	 	 	 	 	 
	 	COMPANY:

MERGE TECHNOLOGIES INCORPORATED

 	 
	 	By:  	/s/ Michael Dunham
 	 
	 	 	Michael Dunham 	 
	 	 	Chairman of the Board of Directors 	 
	 
	 	EXECUTIVE:

 	 
	 	By:  	/s/ Kenneth D. Rardin
 	 
	 	 	Kenneth D. RardinEX-4.1

 

EXHIBIT 4.1

THIRD AMENDMENT TO SEVENTH AMENDED AND

RESTATED REVOLVING CREDIT AGREEMENT

     This Third Amendment to the Seventh Amended and Restated Revolving Credit Agreement (the
“Amendment”) is made as of December 26, 2007, by and among Developers Diversified Realty
Corporation, a corporation organized under the laws of the State of Ohio and DDR PR Ventures LLC,
S.E. (collectively, the “Borrower”), JPMorgan Chase Bank, N.A., not individually, but as
“Administrative Agent” for the several banks, financial institutions and other entities
from time to time parties to the Credit Agreement described below, including one or more new or
existing “Lenders” shown on the signature pages hereof (the “Lenders”).

	 
	R  E  C  I  T  A  L  S

 

     A. Borrower, Administrative Agent and certain other Lenders have entered into an Seventh
Amended and Restated Credit Agreement dated as of June 29, 2006, as amended by amendments dated
March 30, 2007 and December 7, 2007 (as further amended from time to time, the “Credit Agreement”).
All capitalized terms used herein and not otherwise defined shall have the meanings given to them
in the Credit Agreement.

     B. Pursuant to the terms of the Credit Agreement, the Lenders have agreed to provide Borrower
with a Domestic Revolving Facility in an aggregate principal amount of $900,000,000 and a Global
Revolving Facility in an aggregate principal amount of $300,000,000. The Borrower, the
Administrative Agent and the Lenders now desire to amend the Credit Agreement in order to increase
the Domestic Revolving Facility to $950,000,000 and JPMorgan Chase Bank, N.A., in its capacity as a
Lender, has agreed to provide the increased Commitment.

     NOW, THEREFORE, in consideration of the foregoing Recitals and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto
agree as follows:

	 
	AGREEMENTS

 

     1. The foregoing Recitals to this Amendment hereby are incorporated into and made part of this
Amendment.

     2. From and after the date hereof (the “Effective Date”) JPMorgan Chase Bank, N.A. shall be
deemed to have increased its Domestic Revolving Commitment to $98,010,474 and its total Commitment
shall be increased to $120,000,000. Schedule 1 of the Credit Agreement is hereby amended to
reflect the foregoing amounts, and a copy of the updated Schedule 1 is attached hereto.

     3. From and after the Effective Date, the Aggregate Commitment shall equal One Billion Two
Hundred Fifty Million Dollars ($1,250,000,000) and the Domestic Revolving Facility shall be Nine
Hundred Fifty Million Dollars ($950,000,000).

 

 

     4. The Borrower hereby represents and warrants that, as of the Effective Date, there is no
Default or Unmatured Default, the representations and warranties contained in Article V of the
Credit Agreement are true and correct as of such date and the Borrower has no offsets or claims
against any of the Lenders.

     5. As expressly modified as provided herein, the Credit Agreement shall continue in full force
and effect.

     6. This Amendment may be executed in any number of counterparts, all of which taken together
shall constitute one agreement, and any of the parties hereto may execute this Amendment by signing
any such counterpart.

[Remainder of Page Intentionally Left Blank]

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     IN WITNESS WHEREOF, the parties have executed and delivered this Amendment as of the date
first written above.

DEVELOPERS DIVERSIFIED REALTY CORPORATION

 

	 	 	 	 	 
	By

	 	 	 	/s/ Francine J. Glandt
	 

	 	 	 	 

	 	 	 	 	 
	Print Name:

	 	 	 	Francine J. Glandt
	 

	 	 	 	 

	 	 	 	 	 
	Title:

	 	 	 	Treasurer & Vice President of Finance
	 

	 	 	 	 

 
 
 

DDR

PR VENTURES LLC, S.E.

	 	 	 	 	 
	By

	 	 	 	/s/ Francine J. Glandt
	 

	 	 	 	 

	 	 	 	 	 
	Print Name:

	 	 	 	Francine J. Glandt
	 

	 	 	 	 

	 	 	 	 	 
	Title:

	 	 	 	Treasurer & Vice President Finance
	 

	 	 	 	 

 
 
 

3300

Enterprise Parkway

Beachwood, Ohio 44122

Phone:  216/755-5775

Facsimile:  216/755-1775

Attention:  Chief Financial Officer

JPMORGAN CHASE BANK, N.A.,

Individually and as Administrative Agent

	 	 	 	 	 
	By

	 	 	 	/s/ Thomas Kostal
	 

	 	 	 	 

	 	 	 	 	 
	Print Name:

	 	 	 	Thomas Kostal
	 

	 	 	 	 

	 	 	 	 	 
	Title:

	 	 	 	Vice President
	 

	 	 	 	 

 
 
 

277

Park Avenue

Third Floor

New York, NY 10172

Attention:  Kimberly Turner

Telephone:  (212) 622-8177

Facsimile:  (646) 534-0574

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