Addendum to Membership Interest Sale Agreement Between Clinic Management Associates, LLC and Unitholders

Summary

This addendum, signed by the former members of Clinic Management Associates, LLC, modifies a previous agreement for the sale of their membership interests. Instead of receiving cash as originally agreed, the unitholders will now accept stock compensation for the amount that was to be paid in cash. The agreement is dated August 31, 2018, and is signed by Jason Brame and Matt Wallis.

EX-10.18 2 ex10-18.htm

 

Exhibit 10.18

RESOLUTION

OF

THE MEMBERS OF

 

CLINIC MANAGEMENT ASSOCIATES, LLC

 

THE UNDERSIGNED, being the Unitholders of CLINIC MANAGEMENT ASSOCIATES, LLC, a Kentucky limited liability company (the “Company”), hereby adopts the following resolution:

 

WHEREAS, each person signing below executed the sale of membership interest in the Company for a combination of cash and stock in a transaction agreement dated June 29, 2018 (“Agreement”).

 

NOW, THEREFORE, LET IT BE:

 

RESOLVED, that the former members of the Company (the “Unitholders”) adopt this addendum to the Agreement;

 

RESOLVED FURTHER, that the Unitholders agree to accept stock compensation for the amount originally identified as cash compensation in the Agreement.

 

DATED this 31st day of August, 2018.

 

  UNITHOLDERS:
   
  /s/ Jason Brame
  Jason Brame
   
  /s/ Matt Wallis
  Matt Wallis