Second Amendment to Acquisition Agreement between Physicians Resource Group, Inc. and AmSurg Corp.

Summary

This amendment updates the Acquisition Agreement originally signed on January 31, 2000, between Physicians Resource Group, Inc. (and its affiliates) and AmSurg Corp. The main change is to extend certain deadlines in Section 2.4 of the agreement from May 15, 2000, to May 31, 2000. All other terms remain unchanged. The amendment is signed by authorized representatives of both parties and is effective as of May 12, 2000.

EX-2.5 3 g67550ex2-5.txt 2ND AMENDMENT TO THE ACQUISITION AGREEMENT 1 EXHIBIT 2.5 SECOND AMENDMENT TO THE ACQUISITION AGREEMENT This Second Amendment (the "Second Amendment") to the Acquisition Agreement (the "Agreement") dated as of January 31, 2000 by and among Physicians Resource Group, Inc. ("PRG") and each of its affiliated entities listed on the signature pages thereto, as Sellers and AmSurg Corp. ("AmSurg"), is hereby entered into this 12th day of May, 2000. WHEREAS, the parties executed the Agreement as of January 31, 2000; and WHEREAS, the parties entered into a First Amendment (the "First Amendment") to the Agreement on April 28, 2000; and WHEREAS, the parties desire to extend the date set forth in Section 2.4 of the Agreement. NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereby amend the Agreement as follows: 1. The first sentence of Section 2.4(b) of the Agreement, as amended by the First Amendment, is hereby amended by deleting the date "May 15, 2000" and replacing it with the following "May 31, 2000." 2. The first sentence of Section 2.4(c) of the Agreement, as amended by the First Amendment, is hereby amended by deleting the date "May 15, 2000" and replacing it with the following "May 31, 2000." Defined terms not otherwise defined herein shall have the meaning ascribed to them in the Agreement. IN WITNESS WHEREOF, the undersigned have caused this Amendment to be executed by their respective officers thereunto duly authorized, as of the date first written above. AMSURG CORP. By: /s/ Ken P. McDonald ---------------------------------------- Name: Ken P. McDonald -------------------------------------- Title: President and CEO -------------------------------------- PHYSICIANS RESOURCE GROUP, INC., for itself and the other entities listed on the signature pages of the Agreement By: /s/ Michael W. Yeary --------------------------------------- Name: Michael W. Yeary -------------------------------------- Title: President --------------------------------------