Termination of Management Services Agreement between California Radiation Therapy Management Services, Inc. and 21st Century Oncology of California, A Medical Corporation
California Radiation Therapy Management Services, Inc. and 21st Century Oncology of California, A Medical Corporation have agreed to terminate their Management Services Agreement dated September 8, 2006, effective November 1, 2006. This termination is part of a consolidation of management agreements related to their California office locations, and follows the parties' entry into a new addendum that updates their ongoing business relationship. The agreement is signed by authorized representatives of both companies.
Exhibit 10.4
TERMINATION OF MANAGEMENT SERVICES AGREEMENT
This Termination of Management Services Agreement (the Termination) is entered into as of November 1, 2006, by and between CALIFORNIA RADIATION THERAPY MANAGEMENT SERVICES, INC., a California corporation (MANAGEMENT SERVICES) and 21ST CENTURY ONCOLOGY OF CALIFORNIA A MEDICAL CORPORATION, a California medical corporation (the PC).
WHEREAS, MANAGEMENT SERVICES and PC are parties to a Management Services Agreement dated September 8, 2006, which was assumed by MANAGEMENT SERVICES in conjunction with MANAGEMENT SERVICES acquisition of certain assets from Beverly Hills Radiation Oncology also on September 8, 2006;
WHEREAS, MANAGEMENT SERVICES and PC wish to consolidate the Management Services Agreement dated September 8, 2006 and Management Services Agreement dated May 1, 2006 between the parties with respect to its California office locations; and
WHEREAS, MANAGEMENT SERVICES and PC have entered into a Second Addendum to Management Services Agreement effective November 1, 2006, which amends the Management Services Agreement dated May 1, 2006 to: (i) provide for the addition of the Beverly Hills location as an office location.
NOW THEREFORE, MANAGEMENT SERVICES and PC desire to terminate the Management Services Agreement dated September 8, 2006 between the parties effective on the date first written above.
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 |