EXHIBIT 10.51
First Amendment to Services
and License Agreement
First Amendment to Services and License
Agreement made as of the 1st day of January 2006 (“Effective
Date of Amendment”), by CareAdvantage, Inc.
(“CareAdvantage” or “CAI”), a Delaware
corporation with its principal place of business at 485-C Route One
South, Iselin, New Jersey 08830, and Kaiser Foundation Health Plan
of the Northwest (“Kaiser”), with its principal place
of business at 500 NE Multnomah St., Suite 100, Portland, Oregon
97232.
Whereas, Kaiser
and CareAdvantage have entered into a Services and License
Agreement as of January 1, 2005 (the
“Agreement”);
Whereas, the
parties desire to amend the Agreement to provide for semi-annual
updates of paid claims data and to extend the term of the
Agreement;
Whereas, the
parties also to amend the payment provisions of the
Agreement;
Now, Therefore,
in consideration of the premises the parties agree as
follows:
1.1
Semi-Annual Processing of Paid
Claims Data . Commencing
as of the Effective Date of the Amendment, Attachment 1.1 of the
Agreement is amended in its entirety as provided in Attachment 1.1A
attached hereto.
1.2 Compensation. Commencing as of the Effective Date of the
Amendment:
1.2.1 Section 4.1 of the Agreement is amended in its
entirety as follows:
4.1.
Generally
. Kaiser shall pay CareAdvantage for
the services and license provided under this Agreement the sum *
PMPM for each member in the Covered Population. Compensation shall
be payable without invoice as follows: (a) on January 15, 2006, the
sum of *, and (b) on July 15, 2006, the sum of *. (These payments
assume the Covered Population is * members.) Payments made pursuant
to the foregoing sentence shall be reconciled to the eligibility
data for the Covered Population Kaiser makes available to
CareAdvantage pursuant to Attachment 1.1A, and CareAdvantage
shall