Exhibit 2.9
Stephen A. Snyder
President
June 13, 2014
James Antonacci, Jr.
Practicare Medical Management, Inc.
4567 Crossroads Park Drive
Liverpool, NY 13088
Re: Closing Date Extension
Dear Mr. Antonacci:
Please allow this letter to memorialize the extension of the deadline for closing to July 31, 2014 as set out in Sections 8.1 (c), (d) of the Asset Purchase Agreement (“APA”) dated August 23, 2013. If this is acceptable, please countersign and return to my attention.
Thank you for your attention to this matter.
Sincerely,
/s/ Stephen A. Snyder
Stephen A. Snyder
Practicare Medical Management, Inc., | Ultimate Medical Management, Inc., |
a New York Corporation | a New York Corporation |
By: | /s/ James N. Antonacci, Jr. | By: | /s/ James N. Antonacci, Jr. |
James N. Antonacci, Jr.,
an Individual
By: | /s/ James N. Antonacci, Jr. |
* The parties agree that the APA shall be subject to an agreement, to be negotiated in good faith, allowing Practicare to benefit through the calculation of the Seller’s Revenue from revenues generated from former clients during the subject tailing 4 quarters to the extent such are reasonably anticipated to be offset by increased revenues from existing or new clients as of the Closing Date and/or allow Practicare to elect to take any “Excess Revenue Amount” in cash.
7 Clyde Road, Suite 201, Somerset, NJ 08873 Phone 732.873.5133 Facsimile 732.964.9036 www.MTBC.com