SECOND ADDENDUM TO MANAGEMENT SERVICES AGREEMENT
Exhibit 10.3
SECOND ADDENDUM TO MANAGEMENT SERVICES AGREEMENT
This Second Addendum (the “Addendum”) is entered into as of November 1, 2006, by and between CALIFORNIA RADIATION THERAPY MANAGEMENT SERVICES, INC., a California corporation (“Manager”) and 21ST CENTURY ONCOLOGY OF CALIFORNIA A MEDICAL CORPORATION, a California medical corporation (“Medical Group”). This Addendum amends Sections 1.(a) of the Management Services Agreement dated May 1, 2006, as set forth below.
From and after the date here of,
(i) Section 1.(a) shall be amended to read as follows:
“(a) Management. The Manager will be responsible for general management and administration operations of the Office locations, excluding the provision of medical services, set forth on Exhibit B hereto. The Manager shall not engage in the practice of medicine.”
| Accepted: | CALIFORNIA RADIATION THERAPY | |||
| MANAGEMENT SERVICES, INC. | ||||
| By: | /s/ David M. Koeninger | |||
| David M. Koeninger | ||||
| Chief Financial Officer | ||||
| Accepted: | ||||
| 21ST CENTURY ONCOLOGY OF CALIFORNIA, A MEDICAL CORPORATION | ||||
| By: | /s/ Daniel E. Dosoretz | |||
| Daniel E. Dosoretz, M.D. | ||||
| Vice President | ||||
EXHIBIT B
ADDENDUM TO MANAGEMENT SERVICES AGREEMENT
Office Locations and Manager Compensation
| Office Location | Manager as a % of Net Collected Dollars | ||
| Palm Desert 77840 Flora Road Palm Desert, CA 92211 | 77 | % | |
| Santa Monica 2428 Santa Monica Boulevard Suite 103 Santa Monica, CA 90404 | 77 | % | |
| Beverly Hills Radiation Oncology 150 N. Robertson Blvd. Suite 160 Beverly Hills, CA 90221 | 77 | % |
