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SHARED SERVICES AGREEMENT

Servicing Agreement

SHARED SERVICES AGREEMENT | Document Parties: Allscripts Healthcare Solutions, Inc | Misys Healthcare Systems, LLC You are currently viewing:
This Servicing Agreement involves

Allscripts Healthcare Solutions, Inc | Misys Healthcare Systems, LLC

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Title: SHARED SERVICES AGREEMENT
Date: 10/17/2008
Industry: Software and Programming     Sector: Technology

SHARED SERVICES AGREEMENT, Parties: allscripts healthcare solutions  inc , misys healthcare systems  llc
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Exhibit 10.1

 

 

 

 

 

 

STRICTLY PRIVATE & CONFIDENTIAL

 

Glen E Tullman

Chairman and Chief Executive Officer

Allscripts Healthcare Solutions, Inc.

222 Merchandise Mart Plaza, Suite 2024

Chicago, IL 60654

 

 

 

Misys plc

One Kingdom Street

Paddington, London W2 6BL

United Kingdom

 

Tel                    +44 (0)20 3320 5000

Fax                    +44 (0)20 3320 1771

 

www.misys.com

Our ref                    SSA/30717-00475 CO:8896520.1

9 October 2008

Dear Glen

Shared Services Agreement

This letter will serve to memorialize our agreement, reached on our call yesterday, on certain open items to be covered by the schedules to the Shared Services Agreement to be entered into between our two companies in substantially the form of the attached draft agreement (together with fully worked up schedules of services which are still in the process of negotiation) (the “Shared Services Agreement”). Our agreement on these items is effective as of closing (“Closing”) of the merger of Misys Healthcare Systems, LLC (“Misys Healthcare”) and a subsidiary of Allscripts Healthcare Solutions Inc. (“Allscripts”) and shall continue in full force and effect until the execution of the Shared Services Agreement (including the finalization of the schedules thereto). Our intention is to finalise and execute the Shared Services Agreement as soon as possible after Closing and in the period between Closing and execution of the Shared Services Agreement Allscripts agrees to pay for the services provided by Misys plc (“Misys”) and its affiliates in accordance with the agreement set out below. Specifically:

 

 

1.

HR Schedule (Schedule A) : There will be seven FTEs working on shared services at a total charge of US$600,000 for each 12-month period following Closing, which will be charged to Allscripts in accordance with the Shared Services Agreement. These FTEs will be moved from the Misys Healthcare payroll to become employees of an affiliate of Misys plc as soon as practicable after Closing but the US$600,000 annual fee will be charged beginning as of Closing. We will ask our respective human resource personnel to agree on the actual named individuals that will comprise these FTEs. (In respect of each 12 month period subsequent to the first one, the US$600,000 is subject to adjustment as may be agreed between our two companies at that time.)

 

 

2.

Financial Services (Schedule B) : We have signed off on the financial terms of this schedule, which is attached hereto.

 

 

3.

Management Services (Schedule C) : The


 
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