2012 Amendment to the Professional Agreement
From: Jane Strauss [mailto:institute@tampabay.rr.com] Dr. Kirkpatrick and Dr. Derasari, Attached is the document you requested. Jane Strauss Research Assistant |
From: Anthony Kirkpatrick MD PhD Dear Manny, Yesterday, we discussed the Foundation's significant risk in paying off the loan from SYNOVUS BANK for building 2. I rejected your proposal to pay off the loan from SYNOVUS BANK for building 2. I informed you that the payoff would place the Foundation at significant risk because the payoff would deplete the cash reserves to operate the surgery center. I changed my mind after you agreed to clarify the operating agreement for the LLC. On December 13, 2012, you signed the following agreement: Amendment to Professional Agreement 12/13/2012 On December 13, 2012, the amount owed to the bank was approximately $278,914. See attached document from SYNOVUS BANK for exact costs. Building #2 is owned by an LLC with 50% ownership share held by Dr. Kirkpatrick and 50% ownership share by Dr. Derasari. Therefore, Dr. Kirkpatrick's cost to pay off the loan was approximately $140,000. Also, Dr. Kirkpatrick gave you an interest-free loan to help you pay off the loan. A Kirkpatrick MD PhD |