neWeigh January 30, 2009Mr. Tony RotondoPresident and CEOFirst Street Hospital411 First StreetBellaire, Texas 77401

 

 

January 30, 2009   Mr. Tony Rotondo President and CEO First Street Hospital 411 First Street Bellaire, Texas 77401

Subject: Termination of Contract and Demand for Payment Dear Mr. Rotondo:

 

Pursuant to the provisions of the contract by and between First Street Hospital and Vital Weight Control, Inc., ("Vital") dated March 22, 2006 and as amended February 13, 2008 ("the Agreement"), you were given notice on January 21, 2009 that a breach had occurred in the payment terms of the Agreement. As of today, January 30, 2009, this breach has not been cured. Therefore, pursuant to Section 5.2(b) of the Agreement, this letter will serve as notice that Vital terminates the Agreement effective immediately.

 

Attached to this letter is Vital's invoice for the monies that are owed for the remaining term of the contract in accordance with Section 5.4 of the Agreement. Payment of said invoice will be expected within 10 days from the date hereof. If Vital has not received full payment of the invoice within the 10 day period, Vital will request a court appointed mediator mediate the issue pursuant to the Alternative Dispute Resolution provisions of the Agreement.

 

I regret that this action has become necessary.

 

Sincerely,

 

 

/s/Diane Crumley

 

8111 N. Stadium Dr., Suite 200 • Houston, Texas 77054 • Tel. (713) 795-0200 • Fax: (713) 795-0300

 

 

 

8111 N. Stadium Dr., Suite 200 • Houston, Texas 77054 • Tel. (713) 795-0200 • Fax: (713) 795-0300