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EXHIBIT 2.5
AMENDMENT NO. 4 TO THE AMENDED AND
RESTATED OPERATIONS AND SETTLEMENT AGREEMENT
This Amendment No. 4 ("Amendment") to the Amended and Restated
Operations and Settlement Agreement (the "Agreement") is entered into as of
October 31, 1999, among the Commissioner of the Department of Corporations of
the State of California (the "Commissioner" acting for himself and the
Department of Corporations of the State of California (collectively, the
"State")), J. Xxxx Xxxxxxxxx, as Special Monitor-Examiner, Caremark Rx, Inc.,
f/k/a MedPartners, Inc., a Delaware corporation, and its successors and assigns
("MedPartners") and MedPartners Provider Network, Inc., a California
corporation ("MPN"), as a debtor and debtor in possession in the Bankruptcy
Case. Capitalized terms not otherwise defined herein shall have the meanings
ascribed to them in the Agreement.
RECITALS
WHEREAS, the parties entered into the Agreement as of June 16, 1999;
WHEREAS, the parties entered into Amendment No. 1 to the Agreement as
of July 31, 1999;
WHEREAS, the parties entered into Amendment No. 2 to the Agreement as
of August 31, 1999;
WHEREAS, the parties entered into Amendment No. 3 to the Agreement as
of September 30, 1999; and
WHEREAS, the parties desire to allow for additional time for
implementation of the Agreement to be effected.
NOW THEREFORE, in consideration of the mutual covenant and agreements
contained herein and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:
AGREEMENT
1. Section 13.2 of the Agreement is amended by deleting "October 31,
1999" and inserting in its place "November 30, 1999".
2. The second sentence of Section 3.8(b) of the Agreement is
amended by deleting "October 31, 1999" and inserting in its place "November 30,
1999."
3. The Agreement shall remain unchanged in all other respects.
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to
be executed as of the date first above written.
CAREMARK Rx, INC.
a Delaware corporation
By: /s/ Xxxxx X. Xxxxxxxxx, Xx.
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Title: EVP and CFO
MEDPARTNERS PROVIDER NETWORK, INC.
a California corporation
By: /s/ Xxx Xxxxxx
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Title: Secretary
COMMISSIONER OF THE DEPARTMENT OF
CORPORATIONS
By: /s/ Xxxxxxx Xxxxxxxx
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Xxxxxxx Xxxxxxxx
Title: Acting Commissioner of the
Department of Corporations
J. XXXX XXXXXXXXX,
as Special Monitor-Examiner and not
individually
By: /s/ J. Xxxx Xxxxxxxxx
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Title: J. Xxxx Xxxxxxxxx,
as Special Monitor-Examiner
