Third Addendum to Management Services Agreement between California Radiation Therapy Management Services, Inc. and 21st Century Oncology of California, A Medical Corporation
This addendum, effective August 1, 2007, updates the Management Services Agreement between California Radiation Therapy Management Services, Inc. and 21st Century Oncology of California, A Medical Corporation. It clarifies that the Manager is responsible for general management and administrative operations at specified office locations, but will not provide medical services. The Manager will receive 77% of net collected dollars from each listed office. The agreement is signed by authorized representatives of both parties.
Exhibit 10.6
THIRD ADDENDUM TO MANAGEMENT SERVICES AGREEMENT
This Third Addendum (the “Addendum”) is entered into as of August 1, 2007, 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 N.T. Watson | |||
| David N.T. Watson | ||||
| Vice President | ||||
| Accepted: | 21ST CENTURY ONCOLOGY OF CALIFORNIA, A MEDICAL CORPORATION | |||
| By: | /s/ Daniel E. Dosoretz | |||
| Daniel E. Dosoretz, M.D. | ||||
| Vice President | ||||
EXHIBIT B
THIRD ADDENDUM TO MANAGEMENT SERVICES AGREEMENT
Office Locations and Manager Compensation
| Office Location | Manager Compensation 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% | |
| Vidya S. Bobba, M.D., Inc. 963 Butte Street Redding, CA 96001 | 77% | |
