Exhibit 10.13
REGISTRATION RIGHTS AGREEMENT
Dated as of October 28, 2003
by and among
Genesis HealthCare Corporation
as Issuer
Each of the Guarantors Listed
On the Signature Pages Herein
as the Guarantors
and
▇▇▇▇▇▇ Brothers Inc.
Credit Suisse First Boston LLC
UBS Securities LLC
▇▇▇▇▇▇▇, Sachs & Co.
Wachovia Securities, Inc.
▇▇▇▇▇▇▇▇ & Company, Inc.
▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, Inc.
as the Initial Purchasers
This Registration Rights Agreement (this "Agreement") is made and
entered into as of October 28, 2003, by and among Genesis HealthCare
Corporation, a Pennsylvania corporation (the "Company"), Genesis Health
Ventures, Inc. ("GHVI"), the subsidiaries listed on Schedule A attached hereto
(the "Guarantors"), and the several initial purchasers listed in Annex I to the
Purchase Agreement (as defined below) (each an "Initial Purchaser" and,
collectively, the "Initial Purchasers"), for whom ▇▇▇▇▇▇ Brothers Inc., Credit
Suisse First Boston LLC and UBS Warburg LLC are acting as representatives. The
Initial Purchasers have agreed to purchase the Company's 8% Senior Subordinated
Notes due October 15, 2013 (the "Notes") pursuant to the Purchase Agreement (as
defined below).
This Agreement is made pursuant to the Purchase Agreement, dated
October 23, 2003 (the "Purchase Agreement"), by and among the Company, the
Guarantors and the Initial Purchasers. In order to induce the Initial Purchasers
to purchase the Notes, the Company and the Guarantors have agreed to provide the
registration rights set forth in this Agreement. The execution and delivery of
this Agreement is a condition to the obligations of the Initial Purchasers set
forth in Section 7(n) of the Purchase Agreement. Capitalized terms used herein
and not otherwise defined shall have the meanings assigned to them in the
Indenture, dated the date hereof among the Company, Genesis Health Ventures,
Inc., a Pennsylvania corporation ("GHVI") the Guarantors and The Bank of New
York, as Trustee, relating to the Notes and the Exchange Notes (the
"Indenture").
The parties hereby agree as follows:
SECTION 1. DEFINITIONS
As used in this Agreement, the following capitalized terms shall have
the following meanings:
Act: The Securities Act of 1933, as amended.
Affiliate: As defined in Rule 144 of the Act.
Blackout Period: As defined in Section 5(a) hereof.
Broker-Dealer: Any broker or dealer registered under the Exchange Act.
Closing Date: The date hereof.
Commission: The Securities and Exchange Commission.
Consummate: An Exchange Offer shall be deemed "Consummated" for
purposes of this Agreement upon the occurrence of (a) the filing and
effectiveness under the Act of the Exchange Offer Registration Statement
relating to the Exchange Notes to be issued in the Exchange Offer, (b) the
maintenance of such Exchange Offer Registration Statement continuously effective
and the keeping of the Exchange Offer open for a period not less than the period
required pursuant to Section 3(b) hereof and (c) the delivery by the Company to
the Registrar under the Indenture of Exchange Notes in the same aggregate
principal amount as the aggregate principal amount of Notes tendered by Holders
thereof pursuant to the Exchange Offer.
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Consummation Deadline: As defined in Section 5 hereof.
Effectiveness Deadline: As defined in Section 3(a) and 4(a) hereof.
Exchange Act: The Securities Exchange Act of 1934, as amended.
Exchange Notes: The Company's 8% Senior Subordinated Notes due 2013,
registered under the Act, to be issued pursuant to the Indenture: (i) in the
Exchange Offer or (ii) as contemplated by Section 4 hereof.
Exchange Offer: The exchange and issuance by the Company of a principal
amount of Exchange Notes (which shall be registered pursuant to the Exchange
Offer Registration Statement) equal to the outstanding principal amount of Notes
that are tendered by such Holders in connection with such exchange and issuance.
Exchange Offer Registration Statement: The Registration Statement
relating to the Exchange Offer, including the related Prospectus.
Exempt Resales: The transactions in which the Initial Purchasers
propose to sell the Notes to certain "qualified institutional buyers," as such
term is defined in Rule 144A under the Act, and pursuant to Regulation S under
the Act.
Filing Deadline: As defined in Sections 3(a) and 4(a) hereof.
Guarantees: Guarantees by the Guarantors of the Company's obligations
under the Notes, the Exchange Notes and the Indenture.
Holders: As defined in Section 2 hereof.
Prospectus: The prospectus included in a Registration Statement at the
time such Registration Statement is declared effective, as amended or
supplemented by any prospectus supplement and by all other amendments thereto,
including post-effective amendments, and all material incorporated by reference
into such Prospectus.
Recommencement Date: As defined in Section 6(e) hereof.
Registration Default: As defined in Section 5 hereof.
Registration Statement: Any registration statement of the Company and
the Guarantors relating to (a) an offering of Exchange Notes and related
Guarantees pursuant to an Exchange Offer or (b) the registration for resale of
Transfer Restricted Securities pursuant to the Shelf Registration Statement, in
each case (i) that is filed pursuant to the provisions of this Agreement and
(ii) including the Prospectus included therein, all amendments and supplements
thereto (including post-effective amendments) and all exhibits and material
incorporated by reference therein.
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Regulation S: Regulation S promulgated under the Act.
Rule 144: Rule 144 promulgated under the Act.
Shelf Registration Statement: As defined in Section 4 hereof.
Spin-off: The one time dividend or distribution of all or substantially
all of the Capital Stock of GHC to the shareholders of GHVI at or prior to
February 27, 2004, provided that following such dividend or distribution, the
Company's outstanding shares of common stock are traded on the Nasdaq National
Market System or the New York Stock Exchange.
Suspension Notice: As defined in Section 6(e) hereof.
TIA: The Trust Indenture Act of 1939 (15 U.S.C. Section 77aaa-77bbbb)
as in effect on the date of the Indenture.
Transfer Restricted Securities: (i) Each Note and the related
Guarantees, until the earliest to occur of (a) the date on which such Note is
exchanged in the Exchange Offer for an Exchange Note which is entitled to be
resold to the public by the Holder thereof without complying with the prospectus
delivery requirements of the Act, (b) the date on which such Note has been
disposed of in accordance with a Shelf Registration Statement, or (c) the date
on which such Note is distributed to the public pursuant to Rule 144 under the
Act and (ii) each Exchange Note and the related Guarantees acquired by a
Broker-Dealer in exchange for a Note acquired for its own account as a result of
market making activities or other trading activities until the date on which
such Exchange Note is disposed of by a Broker-Dealer pursuant to the "Plan of
Distribution" contemplated by the Exchange Offer Registration Statement
(including the delivery of the Prospectus contained therein).
Underwritten Registration or Underwritten Offering: A registration in
which securities of the Company are sold to an underwriter for reoffering to the
public.
SECTION 2. HOLDERS
A person is deemed to be a holder of Transfer Restricted Securities
(each, a "Holder") whenever such person owns Transfer Restricted Securities.
SECTION 3. REGISTERED EXCHANGE OFFER
(a) Unless the Exchange Offer shall not be permitted by applicable
federal law, the Company and the Guarantors shall (i) cause the Exchange Offer
Registration Statement to be filed with the Commission on or prior to April 15,
2004 (the "Filing Deadline"), (ii) use their reasonable best efforts to cause
such Exchange Offer Registration Statement to become effective on or prior to
June 30, 2004 (the "Effectiveness Deadline"), (iii) in connection with the
foregoing, (A) file all pre-effective amendments to such Exchange Offer
Registration Statement as may be necessary in order to cause it to become
effective, (B) file, if applicable, a post-effective amendment to such Exchange
Offer Registration Statement pursuant to Rule 430A under the Act and (C) cause
all necessary filings, if any, in connection with the registration and
qualification of the Exchange Notes to be made under the blue sky laws of such
jurisdictions as are necessary to permit Consummation of the Exchange Offer, and
(iv) upon the effectiveness of such Exchange Offer Registration Statement,
commence and Consummate the Exchange Offer. The Exchange Offer shall be on the
appropriate form permitting (i) registration of the Exchange Notes to be offered
in exchange for the Notes that are Transfer Restricted Securities and (ii)
resales of Exchange Notes by Broker-Dealers that tendered into the Exchange
Offer Notes that such Broker-Dealer acquired for its own account as a result of
market making activities or other trading activities (other than Notes acquired
directly from the Company or any of its Affiliates) as contemplated by Section
3(c) below.
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(b) The Company and the Guarantors shall use their reasonable best
efforts to cause the Exchange Offer Registration Statement to be effective
continuously, and shall keep the Exchange Offer open for a period of not less
than the minimum period required under applicable federal and state securities
laws to Consummate the Exchange Offer; provided, however, that in no event shall
such period be less than 20 business days. The Company and the Guarantors shall
cause the Exchange Offer to comply with all applicable federal and state
securities laws. No securities other than the Exchange Notes shall be included
in the Exchange Offer Registration Statement. The Company and the Guarantors
shall use their reasonable best efforts to cause the Exchange Offer to be
Consummated within 30 business days, or longer, if required by the federal
securities laws, after the Exchange Offer Registration Statement has become
effective.
(c) The Company shall include a "Plan of Distribution" section in the
Prospectus contained in the Exchange Offer Registration Statement and indicate
therein that any Broker-Dealer who holds Transfer Restricted Securities that
were acquired for the account of such Broker-Dealer as a result of market-making
activities or other trading activities (other than Notes acquired directly from
the Company or any Affiliate of the Company), may exchange such Transfer
Restricted Securities pursuant to the Exchange Offer. Such "Plan of
Distribution" section shall also contain all other information with respect to
such sales by such Broker-Dealers that the Commission may require in order to
permit such sales pursuant thereto, but such "Plan of Distribution" shall not
name any such Broker-Dealer or disclose the amount of Transfer Restricted
Securities held by any such Broker-Dealer, except to the extent required by the
Commission as a result of a change in policy, rules or regulations after the
date of this Agreement.
Because such Broker-Dealer may be deemed to be an "underwriter" within
the meaning of the Act and must, therefore, deliver a prospectus meeting the
requirements of the Act in connection with its initial sale of any Exchange
Notes received by such Broker-Dealer in the Exchange Offer, the Company and the
Guarantors shall permit the use of the Prospectus contained in the Exchange
Offer Registration Statement by such Broker-Dealer to satisfy such prospectus
delivery requirement. To the extent necessary to ensure that the prospectus
contained in the Exchange Offer Registration Statement is available for sales of
Exchange Notes by Broker-Dealers, the Company and the Guarantors agree to use
their reasonable best efforts to keep the Exchange Offer Registration Statement
continuously effective, supplemented, amended and current as required by and
subject to the provisions of Section 6(a) and (c) hereof and in conformity with
the requirements of this Agreement, the Act and the policies, rules and
regulations of the Commission as announced from time to time, for a period of
one year from the date on which the Exchange Offer is Consummated or such
shorter period as will terminate when all Transfer Restricted Securities held by
such Broker-Dealers covered by such Registration Statement have been sold
pursuant thereto. The Initial Purchasers shall use their reasonable best efforts
to cooperate with the Company in determining when Transferred Restricted
Securities are acquired by Broker-Dealers and when such Transferred Restricted
Securities have been sold. The Company shall provide sufficient copies of the
latest version of such Prospectus to such Broker-Dealers, promptly upon request,
and in no event later than one day after such request, at any time during such
period.
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SECTION 4. SHELF REGISTRATION
(a) Shelf Registration. If (i) the Exchange Offer is not permitted by
applicable law or (ii) if any Holder of Transfer Restricted Securities shall
notify the Company within 20 business days following the Consummation of the
Exchange Offer that (A) such Holder was prohibited by law or Commission policy
from participating in the Exchange Offer or (B) such Holder may not resell the
Exchange Notes acquired by it in the Exchange Offer to the public without
delivering a prospectus and the Prospectus contained in the Exchange Offer
Registration Statement is not appropriate or available for such resales by such
Holder or (C) such Holder is a Broker-Dealer and holds Notes acquired directly
from the Company or any of its Affiliates, then the Company and the Guarantors
shall:
(x) use their reasonable best efforts to cause to be filed, on or prior
to 60 days after the earlier of (i) the date on which the Company determines
that the Exchange Offer Registration Statement cannot be filed as a result of
clause (a)(i) above and (ii) the date on which the Company receives the notice
specified in clause (a)(ii) above (such earlier date, the "Filing Deadline"), a
shelf registration statement pursuant to Rule 415 under the Act (which may be an
amendment to the Exchange Offer Registration Statement (the "Shelf Registration
Statement")), relating to all Transfer Restricted Securities; and
(y) use their reasonable best efforts to cause such Shelf Registration
Statement to become effective on or prior to 120 days after the Filing Deadline
for the Shelf Registration Statement (such 120th day the "Effectiveness
Deadline").
If, after the Company has and the Guarantors have filed an Exchange
Offer Registration Statement that satisfies the requirements of Section 3(a)
above, the Company is and the Guarantors are required to file and make effective
a Shelf Registration Statement solely because the Exchange Offer is not
permitted under applicable federal law (i.e., clause (a)(i) above), then the
filing of the Exchange Offer Registration Statement shall be deemed to satisfy
the requirements of clause (x) above; provided that, in such event, the Company
and the Guarantors shall remain obligated to meet the Effectiveness Deadline set
forth in clause (y).
To the extent necessary to ensure that the Shelf Registration Statement
is available for sales of Transfer Restricted Securities by the Holders thereof
entitled to the benefit of this Section 4(a) and the other securities required
to be registered therein pursuant to Section 6(b)(ii) and subject to Section
5(c) hereof, the Company and the Guarantors shall use their reasonable best
efforts to keep any Shelf Registration Statement required by this Section 4(a)
continuously effective, supplemented, amended and current as required by and
subject to the provisions of Sections 6(b) and (c) hereof and in conformity with
the requirements of this Agreement, the Act and the policies, rules and
regulations of the Commission as announced from time to time, for a period of at
least two years (as extended pursuant to Section 6(c)(i)) following the Closing
Date, or such shorter period as will terminate when all Transfer Restricted
Securities covered by such Shelf Registration Statement have been sold pursuant
thereto.
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(b) Provision by Holders of Certain Information in Connection with the
Shelf Registration Statement. No Holder of Transfer Restricted Securities may
include any of its Transfer Restricted Securities in any Shelf Registration
Statement pursuant to this Agreement unless and until such Holder furnishes to
the Company in writing, within 20 days after receipt of a request therefor, the
information specified in Item 507 or 508 of Regulation S-K, as applicable, of
the Act for use in connection with any Shelf Registration Statement or
Prospectus or preliminary Prospectus included therein. No Holder of Transfer
Restricted Securities shall be entitled to additional interest pursuant to
Section 5 hereof unless and until such Holder shall have provided all such
information. By its acceptance of Transfer Restricted Securities, each Holder
agrees to promptly furnish additional information required to be disclosed in
order to make the information previously furnished to the Company by such Holder
not materially misleading.
SECTION 5. ADDITIONAL INTEREST
(a) If (i) any Registration Statement required by this Agreement is not
filed with the Commission on or prior to the applicable Filing Deadline, (ii)
any such Registration Statement has not been declared effective by the
Commission on or prior to the applicable Effectiveness Deadline, (iii) the
Exchange Offer has not been Consummated on or prior to 30 business days or
longer, if required by federal securities laws, after the Effectiveness Deadline
(the "Consummation Deadline") or (iv) any Registration Statement required by
this Agreement is filed and declared effective but shall thereafter cease to be
effective or fail to be usable for its intended purpose without being succeeded
within seven business days by a post-effective amendment to such Registration
Statement that cures such failure and that is itself declared effective within
ten business days of filing such post-effective amendment to such Registration
Statement (except as permitted in paragraph (c) of this Section 5, such period
of time during which any such Registration Statement is not effective or any
such Registrations Statement or the related Prospectus is not usable being
referred to as a "Blackout Period") (each such event referred to in clauses (i)
through (iv), a "Registration Default"), then the Company and the Guarantors
hereby jointly and severally agree to pay to each Holder of Transfer Restricted
Securities affected thereby additional interest in an amount equal to $0.05 per
week per $1,000 in principal amount of Transfer Restricted Securities held by
such Holder for the first 90-day period immediately following the occurrence of
such Registration Default. The amount of the additional interest shall increase
by an additional $0.05 per week per $1,000 in principal amount of Transfer
Restricted Securities with respect to each subsequent 90-day period until all
Registration Defaults have been cured, up to a maximum amount of additional
interest of $0.50 per week per $1,000 in principal amount of Transfer Restricted
Securities; provided that the Company and the Guarantors shall in no event be
required to pay additional interest for more than one Registration Default at
any given time. Notwithstanding anything to the contrary set forth herein, (1)
upon filing of the Exchange Offer Registration Statement (and/or, if applicable,
the Shelf Registration Statement), in the case of (i) above, (2) upon the
effectiveness of the Exchange Offer Registration Statement (an/or, if
applicable, the Shelf Registration Statement), in the case of (ii) above, (3)
upon Consummation of the Exchange Offer, in the case of (iii) above, or (4) upon
the filing of a post-effective amendment to the Registration Statement or an
additional Registration Statement that causes the Exchange Offer Registration
Statement (and/or, if applicable, the Shelf Registration Statement) to again be
declared effective or made usable, in the case of (iv) above, the additional
interest payable with respect to the Transfer Restricted Securities as a result
of such clause (i), (ii), (iii) or (iv), as applicable, shall cease.
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(b) All accrued additional interest shall be paid to the Holders
entitled thereto, in the manner provided for the payment of interest in the
Indenture, on each Interest Payment Date, as more fully set forth in the
Indenture and the Notes. Notwithstanding the fact that any securities for which
additional interest are due cease to be Transfer Restricted Securities, all
obligations of the Company and the Guarantors to pay additional interest with
respect to securities shall survive until such time as such obligations with
respect to such securities shall have been satisfied in full.
(c) A Registration Default referred to in Section 5(a)(iv) shall be
deemed not to have occurred and be continuing in relation to a Registration
Statement or the related Prospectus if (i) the Blackout Period has occurred
solely as a result of (x) the filing of a post-effective amendment to such Shelf
Registration Statement to incorporate annual audited financial information with
respect to the Company where such post-effective amendment is not yet effective
and needs to be declared effective to permit Holders to use the related
Prospectus or (y) the occurrence of other material events with respect to the
Company that would need to be described in such Registration Statement or the
related Prospectus and (ii) in the case of clause (y), the Company is proceeding
promptly and in good faith to amend or supplement (including by way of filing
documents under the Exchange Act which are incorporated by reference into the
Registration Statement) such Registration Statement and the related Prospectus
to describe such events; provided, however, that in any case if such Blackout
Period occurs for a continuous period in excess of 30 days, a Registration
Default shall be deemed to have occurred on the 31st day of such Blackout Period
and additional interest shall be payable in accordance with paragraph (a) of
this Section 5 from the day such Registration Default occurred until such
Registration Default is cured or until the Company is no longer required
pursuant to this Agreement to keep such Registration Statement effective or such
Registration Statement or the related Prospectus usable; provided, further, that
in no event shall the total of all Blackout Periods exceed 45 days in the
aggregate of any 12-month period.
SECTION 6. REGISTRATION PROCEDURES
(a) Exchange Offer Registration Statement. In connection with the
Exchange Offer, the Company and the Guarantors shall (x) comply with all
applicable provisions of Section 6(c) below, (y) use their reasonable best
efforts to effect such exchange and to permit the resale of Exchange Notes by
any Broker-Dealer that tendered Notes in the Exchange Offer that such
Broker-Dealer acquired for its own account as a result of its market making
activities or other trading activities (other than Notes acquired directly from
the Company or any of its Affiliates) being sold in accordance with the intended
method or methods of distribution thereof, and (z) comply with all of the
following provisions:
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(i) As a condition to its participation in the Exchange Offer,
each Holder of Transfer Restricted Securities (including, without
limitation, any Holder who is a Broker Dealer) shall furnish, upon the
request of the Company, prior to the Consummation of the Exchange
Offer, a written representation to the Company and the Guarantors
(which may be contained in the letter of transmittal contemplated by
the Exchange Offer Registration Statement) to the effect that (A) it is
not an Affiliate of the Company, (B) it is not engaged in, and does not
intend to engage in, and has no arrangement or understanding with any
person to participate in, a distribution of the Exchange Notes to be
issued in the Exchange Offer and (C) it is acquiring the Exchange Notes
in its ordinary course of business. Each Holder using the Exchange
Offer to participate in a distribution of the Exchange Notes will be
required to acknowledge and agree that, if the resales are of Exchange
Notes obtained by such Holder in exchange for Notes acquired directly
from the Company or an Affiliate thereof, it (1) could not, under
Commission policy as in effect on the date of this Agreement, rely on
the position of the Commission enunciated in ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and Co.,
Inc. (available June 5, 1991) and Exxon Capital Holdings Corporation
(available May 13, 1988), as interpreted in the Commission's letter to
Shearman & Sterling dated July 2, 1993, and similar no-action letters
(including, if applicable, any no-action letter obtained pursuant to
clause (i) above), and (2) must comply with the registration and
prospectus delivery requirements of the Act in connection with a
secondary resale transaction and that such a secondary resale
transaction must be covered by an effective registration statement
containing the selling security holder information required by Item 507
or 508, as applicable, of Regulation S-K.
(ii) Prior to effectiveness of the Exchange Offer Registration
Statement, the Company and the Guarantors shall provide a supplemental
letter to the Commission (A) stating that the Company and the
Guarantors are registering the Exchange Offer in reliance on the
position of the Commission enunciated in Exxon Capital Holdings
Corporation (available May 13, 1988), ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and Co., Inc.
(available June 5, 1991) as interpreted in the Commission's letter to
Shearman & Sterling dated July 2, 1993, and (B) including a
representation that neither the Company nor any Guarantor has entered
into any arrangement or understanding with any person to distribute the
Exchange Notes to be received in the Exchange Offer and that, to the
best of the Company's and each Guarantor's information and belief, each
Holder participating in the Exchange Offer is acquiring the Exchange
Notes in its ordinary course of business and has no arrangement or
understanding with any person to participate in the distribution of the
Exchange Notes received in the Exchange Offer.
(b) Shelf Registration Statement. In connection with the Shelf
Registration Statement, the Company and the Guarantors shall:
(i) comply with all the provisions of Section 6(c) and 6(d)
below and use reasonable best efforts to effect such registration to
permit the sale of the Transfer Restricted Securities being sold in
accordance with the intended method or methods of distribution thereof
(as indicated in the information furnished to the Company pursuant to
Section 4(b) hereof), and pursuant thereto the Company and the
Guarantors will prepare and file with the Commission a Registration
Statement relating to the registration on any appropriate form under
the Act, which form shall be available for the sale of the Transfer
Restricted Securities in accordance with the intended method or methods
of distribution thereof within the time periods and otherwise in
accordance with the provisions hereof; and
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(ii) issue, upon the request of any Holder or purchaser of
Notes covered by any Shelf Registration Statement contemplated by this
Agreement, Exchange Notes having an aggregate principal amount equal to
the aggregate principal amount of Notes sold pursuant to the Shelf
Registration Statement and surrendered to the Company for cancellation;
the Company and the Guarantors shall register Exchange Notes and the
related Guarantees on the Shelf Registration Statement for this purpose
and issue the Exchange Notes to the purchaser(s) of securities subject
to the Shelf Registration Statement in the names as such purchaser(s)
shall designate.
(c) General Provisions. In connection with any Registration
Statement and any related Prospectus required by this Agreement, the Company and
the Guarantors shall:
(i) use reasonable best efforts to keep such Registration
Statement continuously effective and provide all requisite financial
statements for the period specified in Section 3 or 4 of this
Agreement, as applicable. Upon the occurrence of any event that would
cause any such Registration Statement or the Prospectus contained
therein (A) to contain an untrue statement of material fact or omit to
state any material fact necessary to make the statements therein not
misleading or (B) not to be effective and usable for resale of Transfer
Restricted Securities during the period required by this Agreement, the
Company and the Guarantors shall file promptly an appropriate amendment
to such Registration Statement curing such defect, and, if Commission
review is required, use their respective reasonable best efforts to
cause such amendment to be declared effective as soon as practicable.
Notwithstanding the foregoing, the Company may allow the Shelf
Registration Statement to cease to become effective and usable if (x)
the board of directors of the Company determines in good faith that it
is in the best interests of the Company not to disclose the existence
of or facts surrounding any proposed or pending material corporate
transaction involving the Company or its Guarantors, and the Company
notifies the Holders within two business days after such board of
directors makes such determination or (y) the Prospectus contained in
the Shelf Registration Statement contains an untrue statement of a
material fact or omits to state a material fact necessary in order to
make the statements made therein, in the light of the circumstances
under which they were made, not misleading; provided that the two-year
period referred to in Section 4(a) hereof during which the Shelf
Registration Statement is required to be effective and usable shall be
extended by the number of days during which such Registration Statement
was not effective or usable pursuant to the foregoing provisions; and
provided further that additional interest shall accrue on the Notes as
provided in Section 5 hereof;
(ii) if at any time the Commission shall issue any stop order
suspending the effectiveness of any Registration Statement, or any
state securities commission or other regulatory authority shall issue
an order suspending the qualification or exemption from qualification
of the Transfer Restricted Securities under state securities or Blue
Sky laws, the Company and the Guarantors shall use their respective
best efforts to obtain the withdrawal or lifting of such order at the
earliest possible time;
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(iii) prepare and file with the Commission such amendments and
post-effective amendments to the applicable Registration Statement as
may be necessary to keep such Registration Statement effective for the
applicable period set forth in Section 3 or 4 hereof, as the case may
be; cause the Prospectus to be supplemented by any required Prospectus
supplement, and as so supplemented to be filed pursuant to Rule 424
under the Act, and to comply fully with Rules 424, 430A and 462, as
applicable, under the Act in a timely manner; and comply with the
provisions of the Act with respect to the disposition of all securities
covered by such Registration Statement during the applicable period in
accordance with the intended method or methods of distribution by the
sellers thereof set forth in such Registration Statement or supplement
to the Prospectus;
(iv) in connection with any sale of Transfer Restricted
Securities that will result in such securities no longer being Transfer
Restricted Securities, cooperate with the Holders to facilitate the
timely preparation and delivery of certificates representing Transfer
Restricted Securities to be sold and not bearing any restrictive
legends; and to register such Transfer Restricted Securities in such
denominations and such names as the selling Holders may request at
least two business days prior to such sale of Transfer Restricted
Securities;
(v) use reasonable best efforts to cause the disposition of
the Transfer Restricted Securities covered by the Registration
Statement to be registered with or approved by such other governmental
agencies or authorities as may be necessary to enable the seller or
sellers thereof to consummate the disposition of such Transfer
Restricted Securities; provided, however, that neither the Company nor
any Guarantor shall be required to register or qualify as a foreign
corporation where it is not now so qualified or to take any action that
would subject it to the service of process in suits or to taxation,
other than as to matters and transactions relating to the Registration
Statement, in any jurisdiction where it is not now so subject;
(vi) provide a CUSIP number for all Transfer Restricted
Securities not later than the effective date of a Registration
Statement covering such Transfer Restricted Securities and provide the
Trustee under the Indenture with certificates for the Transfer
Restricted Securities which are in a form eligible for deposit with The
Depository Trust Company;
(vii) otherwise use reasonable best efforts to comply with all
applicable rules and regulations of the Commission, and make generally
available to its security holders with regard to any applicable
Registration Statement, as soon as practicable, a consolidated earnings
statement meeting the requirements of Rule 158 (which need not be
audited) covering a twelve-month period beginning after the effective
date of the Registration Statement (as such term is defined in
paragraph (c) of Rule 158 under the Act); and
(viii) cause the Indenture to be qualified under the TIA not
later than the effective date of the first Registration Statement
required by this Agreement and, in connection therewith, cooperate with
the Trustee and the Holders to effect such changes to the Indenture as
may be required for such Indenture to be so qualified in accordance
with the terms of the TIA; and execute and use reasonable best efforts
to cause the Trustee to execute, all documents that may be required to
effect such changes and all other forms and documents required to be
filed with the Commission to enable such Indenture to be so qualified
in a timely manner.
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(d) Additional Provisions Applicable to Shelf Registration
Statements and Certain Exchange Offer Prospectuses. In connection with each
Shelf Registration Statement, and each Exchange Offer Registration Statement if
and to the extent that an Initial Purchaser has notified the Company that it is
a holder of Exchange Notes that are Transfer Restricted Securities (for so long
as such Exchange Notes are Transfer Restricted Securities or for the period
provided in Section 3, whichever is shorter), the Company and the Guarantors
shall:
(i) advise each Holder promptly and, if requested by such
Holder, confirm such advice in writing, (A) when the Prospectus or any
Prospectus supplement or post-effective amendment has been filed, and,
with respect to any applicable Registration Statement or any
post-effective amendment thereto, when the same has become effective,
(B) of any request by the Commission for amendments to the Registration
Statement or amendments or supplements to the Prospectus or for
additional information relating thereto, (C) of the issuance by the
Commission of any stop order suspending the effectiveness of the
Registration Statement under the Act or of the suspension by any state
securities commission of the qualification of the Transfer Restricted
Securities for offering or sale in any jurisdiction, or the initiation
of any proceeding for any of the preceding purposes, (D) of the
existence of any fact or the happening of any event that makes any
statement of a material fact made in the Registration Statement, the
Prospectus, any amendment or supplement thereto or any document
incorporated by reference therein untrue, or that requires the making
of any additions to or changes in the Registration Statement in order
to make the statements therein not misleading, or that requires the
making of any additions to or changes in the Prospectus in order to
make the statements therein, in the light of the circumstances under
which they were made, not misleading;
(ii) if any fact or event contemplated by Section 6(d)(i)(D)
above shall exist or have occurred, use reasonable best efforts to
prepare a supplement or post-effective amendment to the Registration
Statement or related Prospectus or any document incorporated therein by
reference or file any other required document so that, as thereafter
delivered to the purchasers of Transfer Restricted Securities, the
Prospectus will not contain an untrue statement of a material fact or
omit to state any material fact necessary to make the statements
therein, in the light of the circumstances under which they were made,
not misleading;
(iii) if requested in writing, furnish to each Holder in
connection with such exchange or sale, if any, before filing with the
Commission, copies of any Registration Statement or any Prospectus
included therein (except the Prospectus included in the Exchange Offer
Registration Statement at the time it was declared effective) or any
amendments or supplements to any such Registration Statement or
Prospectus (including all documents incorporated by reference after the
initial filing of such Registration Statement), which documents will be
subject to the review and comment of such Holders in connection with
such sale, if any, for a period of at least five business days, and the
Company will not file any such Registration Statement or Prospectus or
any amendment or supplement to any such Registration Statement or
Prospectus (including all such documents incorporated by reference) to
which such Holders shall reasonably object within five business days
after the receipt thereof a Holder shall be deemed to have reasonably
objected to such filing if such Registration Statement, amendment,
Prospectus or supplement, as applicable, as proposed to be filed,
contains an untrue statement of a material fact or omits to state any
material fact necessary to make the statements therein not misleading
or fails to comply with the applicable requirements of the Act;
12
(iv) promptly upon request, provide copies of any document
that is to be incorporated by reference into a Registration Statement
or Prospectus to each Holder in connection with such exchange or sale,
if any, make the Company's and the Guarantors' representatives
available for discussion of such document and other customary due
diligence matters, and include such information in such document prior
to the filing thereof as such Holders may reasonably request;
(v) make available, at reasonable times, for inspection by
each Holder and any attorney or accountant retained by such Holders,
all financial and other records, pertinent corporate documents of the
Company and the Guarantors and cause the Company's and the Guarantors'
officers, directors and employees to supply all information reasonably
requested by any such Holder, attorney or accountant in connection with
such Registration Statement or any post-effective amendment thereto
subsequent to the filing thereof and prior to its effectiveness;
provided, however, that the foregoing inspection and information
gathering shall be coordinated on behalf of the selling Holders by one
counsel designated by and on behalf of such Holders; provided, further,
that each such party shall be required to maintain in confidence and
not disclose to any other person any information or records reasonably
designated by the Company in writing as being confidential, until such
time as (A) such information becomes a matter of public record (whether
by virtue of its inclusion in such Registration Statement or
otherwise), (B) such person shall be required so to disclose such
information pursuant to a subpoena or order of any court or other
governmental agency or body having jurisdiction over the matter
(subject to the requirements of such order, and only after such person
shall have given the Company prompt prior written notice of such
requirement) or (C) such information is required to be set forth in
such Registration Statement or Prospectus included therein or in an
amendment to such Registration Statement or an amendment or supplement
to such Prospectus in order that such Registration Statement,
Prospectus, amendment or supplement, as the case may be, does not
contain an untrue statement of a material fact or omit to state therein
a material fact required to be stated therein or necessary to make the
statements made therein not misleading;
(vi) if requested by any Holders in connection with such
exchange or sale, promptly include in any Registration Statement or
Prospectus, pursuant to a supplement or post-effective amendment if
necessary, such information as such Holders may reasonably request to
have included therein, including, without limitation, information
relating to the "Plan of Distribution" of the Transfer Restricted
Securities; and make all required filings of such Prospectus supplement
or post-effective amendment as soon as practicable after the Company is
notified of the matters to be included in such Prospectus supplement or
post-effective amendment; provided, however, that the Company shall not
be required to take any action pursuant to this Section 6(d)(vi) that
would, in the opinion of counsel for the Company reasonably
satisfactory to the Initial Purchasers, violate applicable law;
13
(vii) furnish to each Holder in connection with such exchange
or sale without charge, at least one copy of the Registration
Statement, as first filed with the Commission, and of each amendment
thereto, including all documents incorporated by reference therein and
all exhibits (including exhibits incorporated therein by reference);
(viii) deliver to each Holder without charge, as many copies
of the Prospectus (including each preliminary prospectus) and any
amendment or supplement thereto as such persons reasonably may request;
and subject to Section 6(e), the Company and the Guarantors hereby
consent to the use (in accordance with law) of the Prospectus and any
amendment or supplement thereto by each selling Holder in connection
with the offering and the sale of the Transfer Restricted Securities
covered by the Prospectus or any amendment or supplement thereto;
(ix) enter into such agreements (including underwriting
agreements) and make such representations and warranties and take all
such other actions in connection therewith in order to expedite or
facilitate the disposition of the Transfer Restricted Securities
pursuant to any applicable Registration Statement contemplated by this
Agreement, all to such extent as may be reasonably requested by any
Holder or Holders of Transfer Restricted Securities who hold at least
25% in aggregate principal amount of such class of Transfer Restricted
Securities; provided that the Company and the Guarantors shall not be
required to enter into any such agreement more than once with respect
to all of the Transfer Restricted Securities and may delay entering
into such agreement if the board of directors of each of the Company
and the Guarantors determines in good faith that it is in the best
interests of the Company and the Guarantors not to disclose the
existence of or facts surrounding any proposed or pending material
corporate transaction involving the Company and the Guarantors; and
whether or not an underwriting agreement is entered into and whether or
not the registration is an Underwritten Registration, the Company and
the Guarantors shall:
(A) furnish (or in the case of paragraphs (2) and
(3), use reasonable best efforts to cause to be furnished) to
the Initial Purchasers, the Holders of Transfer Restricted
Securities who hold at least 25% in aggregate principal amount
of such class of Transfer Restricted Securities and each
underwriter, if any in such substance and scope as they may
reasonably request and as are customarily made in connection
with an offering of debt securities pursuant to a Shelf
Registration Statement (i) upon effective date of the Shelf
Registration Statement (and if such Shelf Registration
Statement contemplates an Underwritten Offering of Transfer
Restricted Securities upon the date of the closing under the
underwriting agreement related thereto) and (ii) upon the
filing of any amendment or supplement to the Shelf
Registration Statement or any other document that is
incorporated in the Shelf Registration Statement by reference
and includes financial data with respect to a fiscal quarter
or year:
14
(1) a certificate, dated such date, signed on behalf
of the Company and each Guarantor by (x) the President or any
Vice President and (y) a principal financial or accounting
officer of the Company and such Guarantor, confirming, as of
the date thereof, the matters set forth in paragraph (h) of
Sections 7 of the Purchase Agreement and such other similar
matters as such Holders may reasonably request;
(2) an opinion, dated the date of Consummation of the
Exchange Offer or the date of effectiveness of the Shelf
Registration Statement, as the case may be, of counsel for the
Company and the Guarantors covering matters similar to those
set forth in paragraph c and d of Section 7 of the Purchase
Agreement and such other matters as such Holder may reasonably
request, and in any event including a statement to the effect
that such counsel has participated in conferences with
officers and other representatives of the Company and the
Guarantors, representatives of the independent public
accountants for the Company and the Guarantors and has
considered the matters required to be stated therein and the
statements contained therein, although such counsel has not
independently verified the accuracy, completeness or fairness
of such statements; and that such counsel advises that, on the
basis of the foregoing, no facts came to such counsel's
attention that caused such counsel to believe that the
applicable Registration Statement, at the time such
Registration Statement or any post-effective amendment thereto
became effective and, in the case of the Exchange Offer
Registration Statement, as of the date of Consummation of the
Exchange Offer, contained an untrue statement of a material
fact or omitted to state a material fact required to be stated
therein or necessary to make the statements therein not
misleading, or that the Prospectus contained in such
Registration Statement as of its date and, in the case of the
opinion dated the date of Consummation of the Exchange Offer,
as of the date of Consummation, contained an untrue statement
of a material fact or omitted to state a material fact
necessary in order to make the statements therein, in the
light of the circumstances under which they were made, not
misleading. Without limiting the foregoing, such counsel may
state further that such counsel assumes no responsibility for,
and has not independently verified, the accuracy, completeness
or fairness of the financial statements, notes and schedules
and other financial or statistical data included or
incorporated by reference in any Registration Statement
contemplated by this Agreement or the related Prospectus; and
15
(3) a customary comfort letter, dated the date of
Consummation of the Exchange Offer, or as of the date of
effectiveness of the Shelf Registration Statement, as the case
may be, from the Company's independent accountants, in the
customary form and covering matters of the type customarily
covered in comfort letters to underwriters in connection with
underwritten offerings, and affirming the matters set forth in
the comfort letters delivered pursuant to paragraphs (f) and
(g) of Section 7 of the Purchase Agreement; and
(B) deliver such other documents and certificates as may
be reasonably requested by the selling Holders to evidence
compliance with the matters covered in clause (A) above and with
any customary conditions contained in any agreement entered into
by the Company and the Guarantors pursuant to this clause (ix);
and
(x) prior to any public offering of Transfer Restricted
Securities, cooperate with the selling Holders and their counsel in
connection with the registration and qualification of the Transfer
Restricted Securities under the securities or Blue Sky laws of such
jurisdictions as the selling Holders may request and do any and all
other acts or things necessary or advisable to enable the disposition
in such jurisdictions of the Transfer Restricted Securities covered by
the applicable Registration Statement; provided, however, that neither
the Company nor any Guarantor shall be required to register or qualify
as a foreign corporation where it is not now so qualified or to take
any action that would subject it to the service of process in suits or
to taxation, other than as to matters and transactions relating to the
Registration Statement, in any jurisdiction where it is not now so
subject.
(e) Restrictions on Holders. Each Holder's acquisition of a Transfer
Restricted Security constitutes such Holder's agreement that, upon receipt of
the notice referred to in Section 6(d)(i)(C) or any notice from the Company of
the existence of any fact of the kind described in Section 6(d)(i)(D) hereof (in
each case, a "Suspension Notice"), such Holder will forthwith discontinue
disposition of Transfer Restricted Securities pursuant to the applicable
Registration Statement until (i) such Holder has received copies of the
supplemented or amended Prospectus contemplated by Section 6(d)(ii) hereof, or
(ii) such Holder is advised in writing by the Company that the use of the
Prospectus may be resumed, and has received copies of any additional or
supplemental filings that are incorporated by reference in the Prospectus (in
each case, the "Recommencement Date"). Each Holder receiving a Suspension Notice
shall be required to either (i) destroy any Prospectuses, other than permanent
file copies, then in such Holder's possession which have been replaced by the
Company with more recently dated Prospectuses or (ii) deliver to the Company (at
the Company's expense) all copies, other than permanent file copies, then in
such Holder's possession of the Prospectus covering such Transfer Restricted
Securities that was current at the time of receipt of the Suspension Notice. The
time period regarding the effectiveness of such Registration Statement set forth
in Section 3 or 4 hereof, as applicable, shall be extended by a number of days
equal to the number of days in the period from and including the date of
delivery of the Suspension Notice to the date of delivery of the Recommencement
Date and, provided that the Company uses its reasonable best efforts to file and
have declared effective (if an amendment) as soon as practicable an amendment or
supplement to the Shelf Registration Statement, the Company shall be deemed to
have used its reasonable best efforts to keep the Shelf Registration Statement
effective during such period of suspension.
16
(f) Holder Information. The Company and the Guarantors may require each
Holder of Transfer Restricted Securities as to which any registration is being
effected to furnish to the Company such information regarding such Holder and
such Holder's intended method of distribution of the applicable Transfer
Restricted Securities as the Company may from time to time reasonably request in
writing, but only to the extent that such information is required in order to
comply with the Act. Each such Holder agrees to notify the Company as promptly
as practicable of (i) any inaccuracy or change in information previously
furnished by such Holder to the Company or (ii) the occurrence of any event, in
either case, as a result of which any Prospectus relating to such registration
contains or would contain an untrue statement of a material fact regarding such
Holder or such Holder's intended method of distribution of the applicable
Transfer Restricted Securities or omits to state any material fact regarding
such Holder or such Holder's intended method of distribution of the applicable
Transfer Restricted Securities required to be stated therein or necessary to
make the statements made therein, in the light of the circumstances under which
they were made, not misleading and promptly furnish to the Company any
additional information required to correct and update any previously furnished
information or required so that such Prospectus shall not contain, with respect
to such Holder or the distribution of the applicable Transfer Restricted
Securities an untrue statement of a material fact or omit to state a material
fact required to be stated therein or necessary to make the statements therein
not misleading.
SECTION 7. REGISTRATION EXPENSES
(a) All expenses incident to the Company's and the Guarantors'
performance of or compliance with this Agreement will be borne by the Company,
regardless of whether a Registration Statement becomes effective, including
without limitation: (i) all registration and filing fees and expenses; (ii) all
fees and expenses of compliance with federal securities and state Blue Sky or
securities laws; (iii) all expenses of printing (including certificates for the
Exchange Notes to be issued in the Exchange Offer and printing of Prospectuses,
messenger and delivery services and telephone; (iv) all reasonable fees and
disbursements of counsel for the Company, the Guarantors and one counsel for the
Holders of Transfer Restricted Securities (which shall be ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ &
▇▇▇▇▇▇▇▇ LLP or such other counsel as may be selected by a majority of such
Holders); and (v) all fees and disbursements of independent certified public
accountants of the Company and the Guarantors (including the expenses of any
special audit and comfort letters required by or incident to such performance).
The Company will, in any event, bear its and the Guarantors' internal
expenses (including, without limitation, all salaries and expenses of its
officers and employees performing legal or accounting duties), the expenses of
any annual audit and the fees and expenses of any person, including special
experts, retained by the Company or the Guarantors.
(b) Each Holder of Transfer Restricted Securities will pay all
underwriting discounts and commissions (prior to the reduction thereof with
respect to selling concessions, if any), if any, and transfer taxes, if any,
relating to the disposition of such Holder's Transfer Restricted Securities.
17
SECTION 8. INDEMNIFICATION
(a) The Company and the Guarantors agree, jointly and severally, to
indemnify and hold harmless each Holder, its directors, officers and each
person, if any, who controls such Holder (within the meaning of Section 15 of
the Act or Section 20 of the Exchange Act), from and against any and all losses,
claims, damages, liabilities, judgments, (including without limitation, any
legal or other expenses incurred in connection with investigating or defending
any matter, including any action that could give rise to any such losses,
claims, damages, liabilities or judgments) caused by any untrue statement or
alleged untrue statement of a material fact contained in any Registration
Statement, preliminary prospectus or Prospectus (or any amendment or supplement
thereto) provided by the Company to any Holder or any prospective purchaser of
Transfer Restricted Securities, or caused by any omission or alleged omission to
state therein a material fact required to be stated therein or necessary to make
the statements therein not misleading, except insofar as such losses, claims,
damages, liabilities or judgments are caused by an untrue statement or omission
or alleged untrue statement or omission that is based upon information relating
to any of the Holders furnished to the Company by any of the Holders. The
foregoing indemnity with respect to any untrue statement contained in or any
omission from a preliminary prospectus or Prospectus shall not inure to the
benefit of any such Holder, its directors, officers or person who controls such
Holder from whom the person asserting any such loss, claim, damage, liability or
judgment purchased any of the Transfer Restricted Securities that are the
subject thereof if the Company shall sustain the burden of proving that such
person was not sent or given a copy of such preliminary prospectus or Prospectus
as amended or supplemented at or prior to the written confirmation of the sale
of such Transfer Restricted Securities to such person and the untrue statement
contained in or the omission from such preliminary prospectus or Prospectus was
corrected in such amended or supplemented preliminary prospectus or Prospectus,
unless such failure resulted from noncompliance by the Company with its
obligations hereunder to furnish the Initial Purchasers with copies of such
preliminary prospectus or Prospectus as amended or supplemented.
(b) By its acquisition of Transfer Restricted Securities, each Holder
of Transfer Restricted Securities agrees, severally and not jointly, to
indemnify and hold harmless the Company and the Guarantors, and their respective
directors and officers, and each person, if any, who controls (within the
meaning of Section 15 of the Act or Section 20 of the Exchange Act) the Company
or the Guarantors to the same extent as the foregoing indemnity from the Company
and the Guarantors set forth in section (a) above, but only with reference to
information relating to such Holder furnished in writing to the Company by such
Holder expressly for use in any Registration Statement, preliminary prospectus
or Prospectus (or any amendment or supplement thereto). In no event shall any
Holder, its directors, officers or any person who controls such Holder be liable
or responsible for any amount in excess of the amount by which the total amount
received by such Holder with respect to its sale of Transfer Restricted
Securities pursuant to a Registration Statement exceeds (i) the amount paid by
such Holder for such Transfer Restricted Securities and (ii) the amount of any
damages that such Holder, its directors, officers or any person who controls
such Holder has otherwise been required to pay by reason of such untrue or
alleged untrue statement or omission or alleged omission.
18
(c) In case any action shall be commenced involving any person in
respect of which indemnity may be sought pursuant to Section 8(a) or 8(b) (the
"indemnified party"), the indemnified party shall promptly notify the person
against whom such indemnity may be sought (the "indemnifying person") in writing
and the indemnifying party shall assume the defense of such action, including
the employment of counsel reasonably satisfactory to the indemnified party and
the payment of all fees and expenses of such counsel, as incurred (except that
in the case of any action in respect of which indemnity may be sought pursuant
to both Sections 8(a) and 8(b), a Holder shall not be required to assume the
defense of such action pursuant to this Section 8(c), but may employ separate
counsel and participate in the defense thereof, but the fees and expenses of
such counsel, except as provided below, shall be at the expense of the Holder).
Any indemnified party shall have the right to employ separate counsel in any
such action and participate in the defense thereof, but the fees and expenses of
such counsel shall be at the expense of the indemnified party unless (i) the
employment of such counsel shall have been specifically authorized in writing by
the indemnifying party, (ii) the indemnifying party shall have failed to assume
the defense of such action or employ counsel reasonably satisfactory to the
indemnified party or (iii) the named parties to any such action (including any
impleaded parties) include both the indemnified party and the indemnifying
party, and the indemnified party shall have been advised by such counsel that
there may be one or more legal defenses available to it which are different from
or additional to those available to the indemnifying party (in which case the
indemnifying party shall not have the right to assume the defense of such action
on behalf of the indemnified party). In any such case, the indemnifying party
shall not, in connection with any one action or separate but substantially
similar or related actions in the same jurisdiction arising out of the same
general allegations or circumstances, be liable for the fees and expenses of
more than one separate firm of attorneys (in addition to any local counsel) for
all indemnified parties and all such fees and expenses shall be reimbursed as
they are incurred. Such firm shall be designated in writing by a majority of the
Holders, in the case of the parties indemnified pursuant to Section 8(a), and by
the Company and the Guarantors, in the case of parties indemnified pursuant to
Section 8(b). The indemnifying party shall indemnify and hold harmless the
indemnified party from and against any and all losses, claims, damages,
liabilities and judgments by reason of any settlement of any action (i) effected
with its written consent or (ii) effected without its written consent if (x) the
settlement is entered into more than thirty business days after the indemnifying
party shall have received a request from the indemnified party for reimbursement
for the fees and expenses of counsel (in any case where such fees and expenses
are at the expense of the indemnifying party), (y) the indemnifying party shall
have received notice of the terms of such settlement at least twenty business
days prior to such settlement being entered into and, (z) prior to the date of
such settlement, the indemnifying party shall have failed to comply with such
reimbursement request. No indemnifying party shall, without the prior written
consent of the indemnified party, effect any settlement or compromise of, or
consent to the entry of judgment with respect to, any pending or threatened
action in respect of which the indemnified party is or could have been a party
and indemnity or contribution may be or could have been sought hereunder by the
indemnified party, unless such settlement, compromise or judgment (i) includes
an unconditional release of the indemnified party from all liability on claims
that are or could have been the subject matter of such action and (ii) does not
include a statement as to or an admission of fault, culpability or a failure to
act, by or on behalf of the indemnified party.
19
(d) To the extent that the indemnification provided for in this Section
8 is unavailable to an indemnified party in respect of any losses, claims,
damages, liabilities or judgments referred to therein, then each indemnifying
party, in lieu of indemnifying such indemnified party, shall contribute to the
amount paid or payable by such indemnified party as a result of such losses,
claims, damages, liabilities or judgments (i) in such proportion as is
appropriate to reflect the relative benefits received by the Company and the
Guarantors on the one hand, and the Holders, on the other hand, from their
initial sale of Transfer Restricted Securities (or in the case of Exchange Notes
that are Transfer Restricted Securities, the sale of the Notes for which such
Exchange Notes were exchanged) or (ii) if the allocation provided by clause
8(d)(i) is not permitted by applicable law, in such proportion as is appropriate
to reflect not only the relative benefits referred to in clause 8(d)(i) above
but also the relative fault of the Company and the Guarantors, on the one hand,
and of the Holder, on the other hand, in connection with the statements or
omissions which resulted in such losses, claims, damages, liabilities or
judgments, as well as any other relevant equitable considerations. The relative
fault of the Company and the Guarantors, on the one hand, and of the Holder, on
the other hand, shall be determined by reference to, among other things, whether
the untrue or alleged untrue statement of a material fact or the omission or
alleged omission to state a material fact relates to information supplied by the
Company or such Guarantor, on the one hand, or by the Holder, on the other hand,
and the parties' relative intent, knowledge, access to information and
opportunity to correct or prevent such statement or omission. The amount paid or
payable by a party as a result of the losses, claims, damages, liabilities and
judgments referred to above shall be deemed to include, subject to the
limitations set forth in the second paragraph of Section 8(a), any legal or
other fees or expenses reasonably incurred by such party in connection with
investigating or defending any action or claim.
The Company, the Guarantors and, by its acquisition of Transfer
Restricted Securities, each Holder agree that it would not be just and equitable
if contribution pursuant to this Section 8(d) were determined by pro rata
allocation (even if the Holders were treated as one entity for such purpose) or
by any other method of allocation which does not take account of the equitable
considerations referred to in the immediately preceding paragraph. The amount
paid or payable by an indemnified party as a result of the losses, claims,
damages, liabilities or judgments referred to in the immediately preceding
paragraph shall be deemed to include, subject to the limitations set forth
above, any legal or other expenses reasonably incurred by such indemnified party
in connection with investigating or defending any matter, including any action
that could have given rise to such losses, claims, damages, liabilities or
judgments. Notwithstanding the provisions of this Section 8, no Holder, its
directors, its officers or any person, if any, who controls such Holder shall be
required to contribute, in the aggregate, any amount in excess of the amount by
which the total received by such Holder with respect to the sale of Transfer
Restricted Securities pursuant to a Registration Statement exceeds (i) the
amount paid by such Holder for such Transfer Restricted Securities and (ii) the
amount of any damages which such Holder has otherwise been required to pay by
reason of such untrue or alleged untrue statement or omission or alleged
omission. No person guilty of fraudulent misrepresentation (within the meaning
of Section 11(f) of the Act) shall be entitled to contribution from any person
who was not guilty of such fraudulent misrepresentation. The Holders'
obligations to contribute pursuant to this Section 8(d) are several in
proportion to the respective principal amount of Transfer Restricted Securities
held by each Holder hereunder and not joint.
20
SECTION 9. RULE 144A AND RULE 144
The Company and each Guarantor agrees with each Holder, for so long as
any Transfer Restricted Securities remain outstanding and during any period in
which the Company or such Guarantor (i) is not subject to Section 13 or 15(d) of
the Exchange Act, to make available, upon request of any Holder, to such Holder
or beneficial owner of Transfer Restricted Securities in connection with any
sale thereof and any prospective purchaser of such Transfer Restricted
Securities designated by such Holder or beneficial owner, the information
required by Rule 144A(d)(4) under the Act in order to permit resales of such
Transfer Restricted Securities pursuant to Rule 144A, and (ii) is subject to
Section 13 or 15(d) of the Exchange Act, to make all filings required thereby in
a timely manner in order to permit resales of such Transfer Restricted
Securities pursuant to Rule 144.
SECTION 10. PARTICIPATION IN UNDERWRITTEN REGISTRATIONS
No Holder may participate in an Underwritten Registration hereunder
unless such Holder (a) agrees to sell such Holder's Transfer Restricted
Securities on the basis provided in any underwriting arrangements approved by
the persons entitled hereunder to approve such arrangements and (b) completes
and executes all reasonable questionnaires, powers of attorney, indemnities,
underwriting agreements, lock-up letters and other documents required under the
terms of such underwriting arrangements.
SECTION 11. SELECTION OF UNDERWRITERS
In any such Underwritten Offering, the investment banker or investment
bankers and manager or managers that will administer the offering will be
selected by the Holders of a majority in aggregate principal amount of the
Transfer Restricted Securities included in such offering; provided that such
investment bankers and managers must be reasonably satisfactory to the Company.
SECTION 12. MISCELLANEOUS
(a) Spin-Off. If the Spin-off does not occur by February 27, 2004, the
Company and GHVI have agreed to merge and GHVI will expressly assume all
obligations under the Notes, this Agreement and any and all other related
documents. Any and all references to the Company and the Guarantors will be
deemed to refer to GHVI and all of its subsidiaries that guarantee GHVI's
obligations under the GHVI Existing Credit Agreement (as defined in the Purchase
Agreement).
(b) Remedies. The Company and the Guarantors acknowledge and agree that
any failure by the Company and/or the Guarantors to comply with their respective
obligations under Sections 3 and 4 hereof may result in material irreparable
injury to the Initial Purchasers or the Holders for which there is no adequate
remedy at law, that it will not be possible to measure damages for such injuries
precisely and that, in the event of any such failure, the Initial Purchasers or
any Holder may obtain such relief as may be required to specifically enforce the
Company's and the Guarantor's obligations under Sections 3 and 4 hereof. The
Company and the Guarantors further agree to waive the defense in any action for
specific performance that a remedy at law would be adequate.
21
(c) No Inconsistent Agreements. The Company and the Guarantors will
not, on or after the date of this Agreement, enter into any agreement with
respect to their respective securities that is inconsistent with the rights
granted to the Holders in this Agreement or otherwise conflicts with the
provisions hereof. Except for (i) that certain Registration Rights Agreement
among GHVI, ▇▇▇▇▇▇▇ ▇▇▇▇▇ & Co., and Highland Capital Management L.P., dated as
of October 2, 2001, regarding GHVI's common stock and (ii) that certain
Registration Rights Agreement among GHVI, ▇▇▇▇▇▇▇ Sachs & Co., and Highland
Capital Management L.P., dated as of October 2, 2001, regarding GHVI's Second
Priority Secured Notes due 2007, the Company and the Guarantors have not
previously entered into any agreement granting any registration rights with
respect to their respective securities to any person that would require such
securities to be included in any Registration Statement filed hereunder. The
rights granted to the Holders hereunder do not in any way conflict with and are
not inconsistent with the rights granted to the holders of the Company's and the
Guarantors' securities under any agreement in effect on the date hereof.
(d) Amendments and Waivers. The provisions of this Agreement may not be
amended, modified or supplemented, and waivers or consents to or departures from
the provisions hereof may not be given unless the Company has obtained the
written consent of Holders of a majority of the outstanding principal amount of
Transfer Restricted Securities (excluding Transfer Restricted Securities held by
the Company or its Affiliates). Notwithstanding the foregoing, a waiver or
consent to departure from the provisions hereof that relates exclusively to the
rights of Holders whose Transfer Restricted Securities are being tendered
pursuant to the Exchange Offer, and that does not affect directly or indirectly
the rights of other Holders whose Transfer Restricted Securities are not being
tendered pursuant to such Exchange Offer, may be given by the Holders of a
majority of the outstanding principal amount of Transfer Restricted Securities
subject to such Exchange Offer.
(e) Third Party Beneficiary. The Holders shall be third party
beneficiaries to the agreements made hereunder between the Company and the
Guarantors, on the one hand, and the Initial Purchasers, on the other hand, and
shall have the right to enforce such agreements directly to the extent they may
deem such enforcement necessary or advisable to protect their rights hereunder.
(f) Notices. All notices and other communications provided for or
permitted hereunder shall be made in writing by hand-delivery, first-class mail
(registered or certified, return receipt requested), telex, telecopier, or air
courier guaranteeing overnight delivery:
(i) if to a Holder, at the address set forth on the records of
the Registrar under the Indenture, with a copy to the Registrar under
the Indenture; and
(ii) if to the Company or any of the Guarantors:
Genesis HealthCare Corporation
▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Attention: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇.
Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇
22
All such notices and communications shall be deemed to have been duly
given at the time delivered by hand, when receipt acknowledged, if telecopied;
and on the next business day, if timely delivered to an air courier guaranteeing
overnight delivery.
Copies of all such notices, demands or other communications shall be
concurrently delivered by the person giving the same to the Trustee at the
address specified in the Indenture.
(g) Successors and Assigns. This Agreement shall inure to the benefit
of and be binding upon the successors and assigns of each of the parties,
including without limitation and without the need for an express assignment,
subsequent Holders; provided, that nothing herein shall be deemed to permit any
assignment, transfer or other disposition of Transfer Restricted Securities in
violation of the terms hereof or of the Purchase Agreement or the Indenture. If
any transferee of any Holder shall acquire Transfer Restricted Securities in any
manner, whether by operation of law or otherwise, such Transfer Restricted
Securities shall be held subject to all of the terms of this Agreement, and by
taking and holding such Transfer Restricted Securities such person shall be
conclusively deemed to have agreed to be bound by and to perform all of the
terms and provisions of this Agreement, including the restrictions on resale set
forth in this Agreement and, if applicable, the Purchase Agreement, and such
person shall be entitled to receive the benefits hereof.
(h) Counterparts. This Agreement may be executed in any number of
counterparts and by the parties hereto in separate counterparts, each of which
when so executed shall be deemed to be an original and all of which taken
together shall constitute one and the same agreement.
(i) Headings. The headings in this Agreement are for convenience of
reference only and shall not limit or otherwise affect the meaning hereof.
(j) Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE
CONFLICT OF LAW RULES THEREOF.
(k) Severability. In the event that any one or more of the provisions
contained herein, or the application thereof in any circumstance, is held
invalid, illegal or unenforceable, the validity, legality and enforceability of
any such provision in every other respect and of the remaining provisions
contained herein shall not be affected or impaired thereby.
23
(l) Entire Agreement. This Agreement is intended by the parties as a
final expression of their agreement and intended to be a complete and exclusive
statement of the agreement and understanding of the parties hereto in respect of
the subject matter contained herein. There are no restrictions, promises,
warranties or undertakings, other than those set forth or referred to herein
with respect to the registration rights granted with respect to the Transfer
Restricted Securities. This Agreement supersedes all prior agreements and
understandings between the parties with respect to such subject matter.
24
IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first written above.
GENESIS HEALTHCARE CORPORATION
By /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇.
------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇.
Title: Chief Executive Officer
GENESIS HEALTH VENTURES, INC.
By /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇.
-----------------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇.
Title: Senior Vice President and
Chief Financial Officer
25
GUARANTORS:
-----------
ACADEMY NURSING HOME, INC.
ADS APPLE VALLEY, INC.
ADS CONSULTING, INC.
ADS DANVERS ALF, INC.
ADS DARTMOUTH ALF, INC.
ADS HINGHAM ALF, INC.
ADS HINGHAM NURSING FACILITY, INC.
ADS HOME HEALTH, INC.
ADS MANAGEMENT, INC.
ADS PALM CHELMSFORD, INC.
ADS RECUPERATIVE CENTER, INC.
ADS RESERVOIR WALTHAM, INC.
ADS SENIOR HOUSING, INC.
ADS/MULTICARE, INC.
ANR, INC.
APPLEWOOD HEALTH RESOURCES, INC.
ASL, INC.
BERKS NURSING HOMES, INC.
BETHEL HEALTH RESOURCES, INC.
BRIGHTWOOD PROPERTY, INC.
BRINTON MANOR, INC.
BURLINGTON ▇▇▇▇▇ CONVALESCENT CENTER,
INC.
26
CAREFLEET, INC.
CENTURY CARE MANAGEMENT, INC.
CHATEAU VILLAGE HEALTH RESOURCES, INC.
CHELTENHAM LTC MANAGEMENT, INC.
CHG INVESTMENT CORP., INC
CHNR-I, INC.
COLONIAL HALL HEALTH RESOURCES, INC.
COLONIAL HOUSE HEALTH RESOURCES, INC.
CONCORD HEALTH GROUP, INC.
CONCORD HEALTHCARE CORPORATION
CONCORD SERVICE CORPORATION
CRESTVIEW CONVALESCENT HOME, INC.
CRESTVIEW NORTH, INC.
CRYSTAL CITY NURSING CENTER, INC.
CVNR, INC.
▇▇▇▇ VIEW MANOR, INC.
DELM NURSING, INC.
DERBY NURSING CENTER CORPORATION
▇▇▇▇▇ ▇▇▇▇▇▇ AND ASSOCIATES, INC.
DOVER HEALTHCARE ASSOCIATES, INC.
EIDOS, INC.
ELDERCARE RESOURCES CORP.
ELMWOOD HEALTH RESOURCES, INC.
ENCARE OF PENNYPACK, INC.
ENCARE OF QUAKERTOWN, INC.
27
ENCARE OF WYNCOTE, INC.
ENR, INC.
GENESIS ELDERCARE CENTERS - BELVEDERE,
INC. (f/k/a Genesis ElderCare Centers -
▇▇▇▇▇▇▇ and Danvers, Inc. f/k/a Genesis
ElderCare Centers I, Inc.)
GENESIS ELDERCARE CENTERS - CHAPEL MANOR,
INC. f/k/a Genesis ElderCare Centers II,
Inc.
GENESIS ELDERCARE CENTERS - ▇▇▇▇▇▇▇, INC.
f/k/a Genesis - Crozer Partnership
Holding Company, Inc.
GENESIS ELDERCARE CENTERS - PENNSBURG,
INC. f/k/a Genesis ElderCare Centers -
III, Inc.
GENESIS ELDERCARE CORP.
GENESIS ELDERCARE DIAGNOSTIC SERVICES,
INC.
GENESIS ELDERCARE HOME CARE SERVICES,
INC.
GENESIS ELDERCARE HOME HEALTH SERVICES -
SOUTHERN, INC.
GENESIS ELDERCARE HOSPITALITY SERVICES,
INC.
GENESIS ELDERCARE LIVING FACILITIES, INC.
GENESIS ELDERCARE NATIONAL CENTERS, INC.
GENESIS ELDERCARE NETWORK SERVICES OF
MASSACHUSETTS, INC.
GENESIS ELDERCARE NETWORK SERVICES, INC.
GENESIS ELDERCARE PARTNERSHIP CENTERS,
INC.
GENESIS ELDERCARE PHYSICIAN SERVICES,
INC.
GENESIS ELDERCARE PROPERTIES, INC.
28
GENESIS ELDERCARE REHABILITATION
SERVICES, INC.
GENESIS ELDERCARE STAFFING SERVICES, INC.
GENESIS ELDERCARE TRANSPORTATION
SERVICES, INC.
GENESIS HEALTH VENTURES OF ARLINGTON,
INC.
GENESIS HEALTH VENTURES OF BLOOMFIELD,
INC.
GENESIS HEALTH VENTURES OF CLARKS SUMMIT,
INC.
GENESIS HEALTH VENTURES OF INDIANA, INC.
GENESIS HEALTH VENTURES OF ▇▇▇▇▇▇, INC.
GENESIS HEALTH VENTURES OF MASSACHUSETTS,
INC.
GENESIS HEALTH VENTURES OF NAUGATUCK,
INC.
GENESIS HEALTH VENTURES OF NEW GARDEN,
INC.
GENESIS HEALTH VENTURES OF POINT
PLEASANT, INC.
GENESIS HEALTH VENTURES OF SALISBURY,
INC.
GENESIS HEALTH VENTURES OF ▇▇▇▇▇, INC.
GENESIS HEALTH VENTURES OF WEST VIRGINIA,
INC.
GENESIS HEALTH VENTURES OF ▇▇▇▇▇▇-▇▇▇▇▇,
INC.
GENESIS HEALTH VENTURES OF WINDSOR, INC.
GENESIS HEALTHCARE CENTERS HOLDINGS, INC.
29
GENESIS HEALTHCARE HOLDING COMPANY II
GENESIS IMMEDIATE MED CENTER, INC.
GENESIS PROPERTIES OF DELAWARE
CORPORATION
GENESIS SELECTCARE CORP.
GENESIS/VNA PARTNERSHIP HOLDING COMPANY,
INC.
GERIATRIC & MEDICAL COMPANIES, INC.
GERIATRIC AND MEDICAL SERVICES, INC.
GERIATRIC AND MEDICAL INVESTMENTS
CORPORATION
GERIMED CORP.
GHV at SALISBURY CENTER, INC.
GLENMARK ASSOCIATES - ▇▇▇▇ VIEW MANOR,
INC.
GLENMARK ASSOCIATES, INC.
GLENMARK PROPERTIES, INC.
GMA - BRIGHTWOOD, INC.
GMA - MADISON, INC.
GMA - UNIONTOWN, INC.
GMA PARTNERSHIP HOLDING COMPANY, INC.
GMC LEASING CORPORATION
GMC - LTC MANAGEMENT, INC.
GMS INSURANCE SERVICES, INC.
GOVERNOR'S HOUSE NURSING HOME, INC.
30
HEALTH RESOURCES OF ACADEMY MANOR, INC.
HEALTH RESOURCES OF ▇▇▇▇▇▇▇▇, INC.
HEALTH RESOURCES OF BROOKLYN, INC.
HEALTH RESOURCES OF CEDAR GROVE, INC.
HEALTH RESOURCES OF CINNAMINSON, INC.
HEALTH RESOURCES OF COLCHESTER, INC.
HEALTH RESOURCES OF COLUMBUS, INC.
HEALTH RESOURCES OF CUMBERLAND, INC.
HEALTH RESOURCES OF ENGLEWOOD, INC.
HEALTH RESOURCES OF ▇▇▇▇▇, INC.
HEALTH RESOURCES OF FARMINGTON, INC.
HEALTH RESOURCES OF ▇▇▇▇▇▇▇, INC.
HEALTH RESOURCES OF GLASTONBURY, INC.
HEALTH RESOURCES OF GROTON, INC.
HEALTH RESOURCES OF KARAMENTA AND
MADISON, INC.
HEALTH RESOURCES OF LAKEVIEW, INC.
HEALTH RESOURCES OF LEMONT, INC.
HEALTH RESOURCES OF ▇▇▇▇▇▇▇▇, INC.
HEALTH RESOURCES OF MIDDLETOWN (RI), INC.
HEALTH RESOURCES OF MORRISTOWN, INC.
HEALTH RESOURCES OF NORTH ANDOVER, INC.
HEALTH RESOURCES OF ROCKVILLE, INC.
HEALTH RESOURCES OF SOLOMONT/BROOKLINE,
INC.
31
HEALTH RESOURCES OF ▇▇▇▇ HILLS, INC.
HEALTH RESOURCES OF WALLINGFORD, INC.
HEALTH RESOURCES OF WARWICK, INC.
HEALTH RESOURCES OF WESTWOOD, INC.
HEALTHCARE RESOURCES CORP.
HELSTAT, INC.
HILLTOP HEALTH CARE CENTER, INC.
HMNH REALTY, INC.
HNCA, INC.
HORIZON ASSOCIATES, INC.
HORIZON MOBILE, INC.
HORIZON REHABILITATION, INC.
HR OF CHARLESTON, INC.
HRWV HUNTINGTON, INC.
INNOVATIVE HEALTH CARE MARKETING, INC.
KEYSTONE NURSING HOME, INC.
KNOLLWOOD MANOR, INC.
KNOLLWOOD NURSING HOME, INC.
LAKE MANOR, INC.
LAKEWOOD HEALTH RESOURCES, INC.
LAUREL HEALTH RESOURCES, INC.
LEHIGH NURSING HOMES, INC.
LIFE SUPPORT MEDICAL EQUIPMENT, INC.
LIFE SUPPORT MEDICAL, INC.
LINCOLN NURSING HOME, INC.
32
LRC HOLDING COMPANY
LWNR, INC.
MABRI CONVALESCENT CENTER, INC.
MADISON AVENUE ASSISTED LIVING, INC.
MANOR MANAGEMENT CORPORATION OF GEORGIAN
MANOR, INC.
MARLINTON PARTNERSHIP HOLDING COMPANY,
INC.
MARLINTON ASSOCIATES, INC.
MARSHFIELD HEALTH RESOURCES, INC.
▇▇▇▇▇▇▇▇ HEALTH CARE CENTER - CONCORD
INC.
▇▇▇▇▇▇▇▇ HEALTH CARE CENTERS, INC.
MERIDIAN HEALTH, INC.
MERIDIAN HEALTHCARE INVESTMENTS, INC.
MERIDIAN HEALTHCARE, INC.
MHNR, INC.
MNR, INC.
▇▇▇▇▇▇▇▇▇▇ NURSING HOMES, INC.
MULTICARE AMC, INC.
MULTICARE PAYROLL CORP.
NURSING AND RETIREMENT CENTER OF THE
ANDOVERS, INC.
OAK HILL HEALTH CARE CENTER
PHC OPERATING CORP.
PHILADELPHIA AVENUE CORPORATION
33
POCAHONTAS CONTINUOUS CARE CENTER, INC.
PRESCOTT NURSING HOME, INC.
PROSPECT PARK LTC MANAGEMENT, INC.
PROVIDENCE FUNDING CORPORATION
PROVIDENCE HEALTH CARE, INC.
REST HAVEN NURSING HOME, INC.
RHS MEMBERSHIP INTEREST HOLDING COMPANY
(formerly known as Genesis Eldercare
Adult Day Health Services, Inc.)
RIDGELAND HEALTH RESOURCES, INC.
RIVER PINES HEALTH RESOURCES, INC.
RIVERSHORES HEALTH RESOURCES, INC.
RLNR, INC.
ROSE HEALTHCARE, INC.
ROSE VIEW MANOR, INC.
RSNR, INC.
RVNR, INC.
S.T.B. INVESTORS, LTD
SCHUYLKILL NURSING HOMES, INC.
SCHUYLKILL PARTNERSHIP ACQUISITION CORP.
SENIOR LIVING VENTURES, INC.
SENIOR SOURCE, INC.
SNOW VALLEY HEALTH RESOURCES, INC.
SOLOMONT FAMILY MEDFORD VENTURE, INC.
THE SOMERSET-▇▇▇▇▇ ▇▇▇▇▇▇▇ PARTNERSHIP
HOLDING COMPANY, INC.
34
▇▇▇▇▇▇▇▇ CONVALESCENT CENTER, INC.
STATE STREET ASSOCIATES, INC.
SVNR, INC.
THE ADS GROUP, INC.
THE APPLE VALLEY PARTNERSHIP HOLDING
COMPANY, INC.
THE ASSISTED LIVING ASSOCIATES OF
BERKSHIRE, INC.
THE ASSISTED LIVING ASSOCIATES OF LEHIGH,
INC.
THE ASSISTED LIVING ASSOCIATES OF
SANATOGA, INC.
THE HOUSE OF ▇▇▇▇▇▇▇▇, INC.
THE MULTICARE COMPANIES, INC.
TMC ACQUISITION CORP.
TRI STATE MOBILE MEDICAL SERVICES, INC.
VALLEY MEDICAL SERVICES, INC.
VALLEY TRANSPORT AMBULANCE SERVICE, INC.
VERSALINK, INC.
VILLAS REALTY & INVESTMENTS, INC.
WALNUT LTC MANAGEMENT, INC.
WAYSIDE NURSING HOME, INC.
▇▇▇▇▇▇▇▇▇▇ AMBULANCE SERVICE, INC.
WEST PHILA. LTC MANAGEMENT, INC.
WESTFORD NURSING AND RETIREMENT CENTER,
INC.
35
WILLOW MANOR NURSING HOME, INC.
WYNCOTE HEALTHCARE CORP.
YE OLDE AMBULANCE COMPANY, INC. (formerly
known as Network Ambulance Services,
Inc.)
YORK LTC MANAGEMENT, INC.
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇
-----------------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇.
On behalf of each of the foregoing
entities as an Authorized Signatory of
such entities
36
ADS APPLE VALLEY LIMITED PARTNERSHIP, by
ADS Apple Valley, Inc., its General
Partner
ADS HINGHAM LIMITED PARTNERSHIP, by ADS
Hingham Nursing Facility, Inc., its
General Partner
ADS RECUPERATIVE CENTER LIMITED
PARTNERSHIP, by ADS Recuperative Center,
Inc., its General Partner
ARCADIA ASSOCIATES, by ADS/Multicare,
Inc. and Health Resources of Arcadia,
Inc., its General Partners
BREVARD MERIDIAN LIMITED PARTNERSHIP, by
Meridian Healthcare, Inc., its General
Partner
CARE HAVEN ASSOCIATES LIMITED
PARTNERSHIP, by Glenmark Associates, Inc.
and GMA Partnership Holding Company,
Inc., its General Partners
CATONSVILLE MERIDIAN LIMITED PARTNERSHIP,
by Meridian Health, Inc. and Meridian
Healthcare, Inc., its General Partners
CUMBERLAND ASSOCIATES OF RHODE ISLAND,
L.P., by Health Resources of Cumberland,
Inc., its General Partner
EASTON MERIDIAN LIMITED PARTNERSHIP, by
Meridian Health, Inc. and Meridian
Healthcare, Inc., its General Partners
EDELLA STREET ASSOCIATES, by Genesis
Health Ventures of Clarks Summit, Inc.,
its General Partner
GENESIS ELDERCARE CENTERS I, L.P., by
Genesis Eldercare Partnership Centers,
Inc., its General Partner
GENESIS ELDERCARE CENTERS II, L.P., by
Genesis Eldercare Partnership Centers,
Inc., its General Partner
GENESIS ELDERCARE CENTERS III, L.P., by
Genesis Eldercare Partnership Centers,
Inc., its General Partner
37
GENESIS HEALTH VENTURES OF WEST VIRGINIA,
LIMITED PARTNERSHIP, by Genesis Eldercare
Network Services, Inc. and Genesis
Eldercare Rehabilitation Services, Inc.,
its General Partners
GENESIS PROPERTIES LIMITED PARTNERSHIP,
by Genesis Health Ventures of Arlington,
Inc., its General Partner
GENESIS PROPERTIES OF DELAWARE LTD.
PARTNERSHIP, L.P., by Genesis Properties
of Delaware Corporation, its General
Partner
GLENMARK PROPERTIES I, LIMITED
PARTNERSHIP, by Glenmark Associates, Inc.
and GMA Partnership Holding Company,
Inc., its General Partners
GREENSPRING MERIDIAN LIMITED PARTNERSHIP,
by Meridian Healthcare, Inc., its General
Partner
GROTON ASSOCIATES OF CONNECTICUT, L.P.,
by Health Resources of Groton, Inc., its
General Partner
▇▇▇▇▇▇▇▇ ▇▇▇▇ MERIDIAN LIMITED
PARTNERSHIP, by Meridian Healthcare, Inc.
and Meridian Health, Inc., its General
Partners
▇▇▇▇▇ ▇▇▇▇▇ ASSOCIATES OF NEW JERSEY,
L.P., by Encare of Mendham, L.L.C., its
General Partner, by The Multicare
Companies, Inc. and ▇▇▇▇▇▇▇▇ Convalescent
Center, Inc. its authorized Members
LAKE WASHINGTON, LTD., by Lake Manor,
Inc., its General Partner
▇▇▇▇▇▇▇▇ HEALTH FACILITIES, by Meridian
Health, Inc., and Meridian Healthcare,
Inc., its General Partners
▇▇▇▇▇▇▇▇ HEALTH CARE CENTER - CONCORD
LIMITED PARTNERSHIP, by ▇▇▇▇▇▇▇▇ Health
Care Center - Concord, Inc., its General
Partner
38
MERCERVILLE ASSOCIATES OF NEW JERSEY,
L.P., by Breyut Convalescent Center,
L.L.C., its General Partner by The
Multicare Companies, Inc. and ▇▇▇▇▇▇▇▇
Convalescent Center, Inc., its authorized
Members
MERIDIAN EDGEWOOD LIMITED PARTNERSHIP, by
Meridian Healthcare, Inc., its General
Partner
MERIDIAN PERRING LIMITED PARTNERSHIP, by
Meridian Healthcare, Inc., its General
Partner
MERIDIAN VALLEY LIMITED PARTNERSHIP, by
Meridian Healthcare, Inc., its General
Partner
MERIDIAN VALLEY VIEW LIMITED PARTNERSHIP,
by Meridian Healthcare, Inc., its General
Partner
MERIDIAN/CONSTELLATION LIMITED
PARTNERSHIP, by Meridian Healthcare, Inc.
and Meridian Health Inc., its General
Partners
MIDDLETOWN (RI) ASSOCIATES OF RHODE
ISLAND, L.P., by Health Resources of
Middletown (R.I.), Inc., its General
Partner
MILLVILLE MERIDIAN LIMITED PARTNERSHIP,
by Meridian Healthcare, Inc., its General
Partner
NORRISTOWN NURSING AND REHABILITATION
CENTER ASSOCIATES, L.P., by GMC-LTC
Management, Inc., its General Partner
NORTH CAPE CONVALESCENT CENTER
ASSOCIATES, L.P., by Geriatric and
Medical Services, Inc., its General
Partner
PHILADELPHIA AVENUE ASSOCIATES, by
Philadelphia Avenue Corporation, its
General Partner
POINT PLEASANT HAVEN LIMITED PARTNERSHIP,
by Glenmark Associates, Inc., its General
Partner
39
POMPTON ASSOCIATES L.P., by Pompton Care
L.L.C., its General Partner By The
Multicare Cmpanies, Inc. and ▇▇▇▇▇▇▇▇
Convalescent Center, Inc., its authorized
Members
RALEIGH MANOR LIMITED PARTNERSHIP, by
Glenmark Associates, Inc., its General
Partner
RIVER STREET ASSOCIATES, by Genesis
Health Ventures of ▇▇▇▇▇▇-▇▇▇▇▇, Inc.,
its General Partner
ROMNEY HEALTH CARE CENTER LTD., LIMITED
PARTNERSHIP, by Glenmark Associates,
Inc., its General Partner
SEMINOLE MERIDIAN LIMITED PARTNERSHIP, by
Meridian Health, Inc., its General
Partner
SISTERVILLE HAVEN LIMITED PARTNERSHIP, by
Glenmark Associates, Inc., its General
Partner
STATE STREET ASSOCIATES, L.P., by State
Street Associates, Inc., its General
Partner
TEAYS VALLEY HAVEN LIMITED PARTNERSHIP,
by Glenmark Associates, Inc., its General
Partner
THE ▇▇▇▇▇▇▇ GROUP - ▇▇▇▇▇▇▇ HOUSE, L.P.,
by Encare of Wyncote, Inc., its General
Partner
THE ▇▇▇▇▇▇ GROUP - OLD BRIDGE, L.P., by
Health Resources of ▇▇▇▇▇, L.L.C., its
General Partner by The Multicare
Companies, Inc. and ▇▇▇▇▇▇▇▇ Convalescent
Center, Inc., its authorized Members
THE ▇▇▇▇▇▇ GROUP - QUAKERTOWN MANOR,
L.P., by Encare of Quakertown, Inc., its
General Partner
THE ▇▇▇▇▇▇ GROUP - RIDGEWOOD, L.P., by
Health Resources of Ridgewood, L.L.C.,
its General Partner, by The Multicare
Companies, Inc. and ▇▇▇▇▇▇▇▇ Convalescent
Center, Inc., its authorized Members
WALLINGFORD ASSOCIATES OF CONNECTICUT,
L.P., by Health Resources of Wallingford,
Inc., its General Partner
40
THERAPY CARE SYSTEMS, L.P., Genesis
ElderCare Rehabilitation Services, Inc.,
its General Partner
VOLUSIA MERIDIAN LIMITED PARTNERSHIP, by
Meridian Health, Inc., its General
Partner
WARWICK ASSOCIATES OF RHODE ISLAND, L.P.,
by Health Resources of Warwick, Inc., its
General Partner
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇.
------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇.
On behalf of each of the foregoing
entities as an Authorized Signatory of
each respective authorized
General Partner
41
BREYUT CONVALESCENT CENTER, L.L.C., by
The Multicare Companies, Inc. and
▇▇▇▇▇▇▇▇ Convalescent Center, Inc., its
authorized Members
ENCARE OF MENDHAM, L.L.C., by The
Multicare Companies, Inc. and ▇▇▇▇▇▇▇▇
Convalescent Center, Inc., its authorized
Members
GENESIS-GEORGETOWN SNF/JV, L.L.C., by
Genesis Health Ventures, Inc., its
authorized Member
GLENMARK LIMITED LIABILITY COMPANY I, by
Glenmark Associates, Inc. and Horizon
Associates, Inc., its authorized Members
HEALTH RESOURCES OF BRIDGETON, L.L.C., by
The Multicare Companies, Inc. and
▇▇▇▇▇▇▇▇ Convalescent Center, Inc., its
authorized Members
HEALTH RESOURCES OF CINNAMINSON, L.L.C.,
by The Multicare Companies, Inc. and
▇▇▇▇▇▇▇▇ Convalescent Center, Inc., its
authorized Members
HEALTH RESOURCES OF CRANBURY, L.L.C., by
The Multicare Companies, Inc. and
▇▇▇▇▇▇▇▇ Convalescent Center, Inc., its
authorized Members
HEALTH RESOURCES OF EATONTOWN, LLC by The
Multicare Companies, Inc. and ▇▇▇▇▇▇▇▇
Convalescent Center, Inc., its authorized
Members
HEALTH RESOURCES OF ▇▇▇▇▇, L.L.C., by The
Multicare Companies, Inc. and ▇▇▇▇▇▇▇▇
Convalescent Center, Inc., its authorized
Members
HEALTH RESOURCES OF ENGLEWOOD, L.L.C., by
The Multicare Companies, Inc. and
▇▇▇▇▇▇▇▇ Convalescent Center, Inc., its
authorized Members
HEALTH RESOURCES OF ▇▇▇▇▇, L.L.C., by The
Multicare Companies, Inc. and ▇▇▇▇▇▇▇▇
Convalescent Center, Inc., its authorized
Members
42
HEALTH RESOURCES OF FAIRLAWN, L.L.C., by
The Multicare Companies, Inc. and
▇▇▇▇▇▇▇▇ Convalescent Center, Inc., its
authorized Members
HEALTH RESOURCES OF ▇▇▇▇▇▇▇, L.L.C., by
The Multicare Companies, Inc. and
▇▇▇▇▇▇▇▇ Convalescent Center, Inc., its
authorized Members
HEALTH RESOURCES OF RIDGEWOOD, L.L.C., by
The Multicare Companies, Inc. and
▇▇▇▇▇▇▇▇ Convalescent Center, Inc., its
authorized Members
HEALTH RESOURCES OF SOUTH BRUNSWICK, LLC
by The Multicare Companies, Inc. and
▇▇▇▇▇▇▇▇ Convalescent Center, Inc., its
authorized Members
HEALTH RESOURCES OF WEST ORANGE, L.L.C.,
by The Multicare Companies, Inc. and
▇▇▇▇▇▇▇▇ Convalescent Center, Inc., its
authorized Members
MILFORD ALF L. L. C. by Genesis Health
Ventures of Salisbury, Inc., its
authorized Member
POMPTON CARE L.L.C., by The Multicare
Companies, Inc. and ▇▇▇▇▇▇▇▇ Convalescent
Center, Inc., its authorized Members
RESPIRATORY HEALTH SERVICES, L.L.C., by
RHS Membership Interest Holding Company,
Inc., its authorized Member
ROEPHEL CONVALESCENT CENTER, L.L.C., by
The Multicare Companies, Inc. and
▇▇▇▇▇▇▇▇ Convalescent Center, Inc., its
authorized Members
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇.
------------------------
Name: ▇▇▇▇▇▇ ▇.▇▇▇▇▇, ▇▇.
On behalf of each of the foregoing
entities as an Authorized Signatory of
each respective authorized Member
43
▇▇▇▇▇▇ BROTHERS INC.
CREDIT SUISSE FIRST BOSTON LLC
UBS WARBURG LLC
BY ▇▇▇▇▇▇ BROTHERS INC., AS AUTHORIZED REPRESENTATIVE
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ III
-------------------------
Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ III
Title: Managing Director
44
Schedule A
Guarantors
Academy Nursing Home, Inc.
ADS Apple Valley, Inc.
ADS Consulting, Inc. (ADS Consulting Acquisition Corp. merged into this entity)
ADS Danvers ALF, Inc.
ADS Dartmouth ALF, Inc.
ADS Hingham ALF, Inc.
ADS Hingham Nursing Facility, Inc.
ADS Palm Chelmsford, Inc.
ADS Recuperative Center, Inc.
ADS Reservoir Waltham, Inc.
ADS Senior Housing, Inc.
ANR, Inc. (f/k/a Adacom Network Routers, Inc.)
Applewood Health Resources, Inc.
ASL, Inc.
Berks Nursing Homes, Inc.
Brightwood Property, Inc.
Brinton Manor, Inc.
Burlington ▇▇▇▇▇ Convalescent Center, Inc.
Carefleet, Inc.
Cheltenham LTC Management, Inc.
CHG Investment Corp., Inc.
CHNR-I, Inc.
Colonial Hall Health Resources, Inc.
Colonial House Health Resources, Inc.
Concord Health Group, Inc.
Concord Healthcare Corporation t/b/n Genesis HealthCare Holding Company I, Inc.
Concord Service Corporation
Crestview Convalescent Home, Inc.
Crestview North, Inc.
Crystal City Nursing Center, Inc.
CVNR, Inc.
▇▇▇▇ View Manor, Inc.
DELM Nursing, Inc.
Derby Nursing Center Corporation
▇▇▇▇▇ ▇▇▇▇▇▇ and Associates, Inc. d/b/a DM & a Rehab
Dover Healthcare Associates, Inc.
EIDOS, Inc.
ElderCare Resources Corp. f/k/a Health Resources of Tazewell, Inc.
Elmwood Health Resources, Inc.
Encare of Pennypack, Inc.
Encare of Quakertown, Inc.
45
Encare of Wyncote, Inc.
Genesis ElderCare Centers - Belvedere, Inc. f/k/a Genesis ElderCare Centers I,
Inc. f/k/a Genesis ElderCare
Centers - ▇▇▇▇▇▇▇ and Davners, Inc.
Genesis ElderCare Centers - Chapel Manor, Inc. f/k/a Genesis ElderCare Centers
II, Inc.
Genesis ElderCare Centers - ▇▇▇▇▇▇▇, Inc. f/k/a Genesis-Crozer Partnership
Holding Company, Inc.
Genesis ElderCare Centers - Pennsburg, Inc. f/k/a Genesis ElderCare Centers III,
Inc.
Genesis Eldercare Corp.
Genesis ElderCare Diagnostic Services, Inc. f/k/a Diversified Diagnostics, Inc.
Genesis Eldercare Home Care Services, Inc. f/k/a Healthcare Services Network,
Inc.
Genesis ElderCare Hospitality Services, Inc. f/k/a HCHS, Inc.
Genesis ElderCare Living Facilities, Inc.
Genesis Eldercare National Centers, Inc. f/k/a National Health Care Affiliates,
Inc.
Genesis ElderCare Network Services of Massachusetts, Inc.
Genesis Eldercare Network Services, Inc. f/k/a Genesis Management Resources,
Inc. f/k/a Total Care Systems, Inc.
Genesis ElderCare Partnership Centers, Inc.
Genesis Eldercare Physician Services, Inc. f/k/a Genesis Physician Services,
Inc. f/k/a Genesis Health Ventures Linen Services, Inc.
Genesis Eldercare Properties, Inc.
Genesis Eldercare Staffing Services, Inc. f/k/a Staff Replacement Services, Inc.
f/k/a SRS Acquisition Corporation
Genesis ElderCare Transportation Services, Inc. f/k/a HSS-PARA Transit, Inc.
Genesis Health Ventures of Arlington, Inc.
Genesis Health Ventures of Bloomfield, Inc.
Genesis Health Ventures of Clarks Summit, Inc.
Genesis Health Ventures of Indiana, Inc.
Genesis Health Ventures of ▇▇▇▇▇▇, Inc.
Genesis Health Ventures of Massachusetts, Inc.
Genesis Health Ventures of Naugatuck, Inc.
Genesis Health Ventures of New Garden, Inc.
Genesis Health Ventures of Point Pleasant, Inc.
Genesis Health Ventures of Salisbury, Inc.
Genesis Health Ventures of ▇▇▇▇▇, Inc.
Genesis Health Ventures of West Virginia, Inc.
Genesis Health Ventures of ▇▇▇▇▇▇-▇▇▇▇▇, Inc.
Genesis Health Ventures of Windsor, Inc.
Genesis Healthcare Centers Holdings, Inc.
Genesis HealthCare Holding Company II, Inc.
Genesis Immediate Med Center, Inc.
Genesis Properties of Delaware Corporation
Genesis SelectCare Corp.
Genesis-VNA Partnership Holding Company, Inc.
Geriatric & Medical Companies, Inc. f/k/a Geriatric & Medical Centers, Inc.
Geriatric & Medical Services, Inc.
Geriatric and Medical Investments Corporation
46
▇▇▇▇-Med Corp.
GHV at Salisbury Center, Inc.
Glenmark Associates, Inc.
Glenmark Associates-▇▇▇▇ View Manor, Inc.
Glenmark Properties, Inc.
GMA Partnership Holding Company, Inc.
GMA-Brightwood, Inc.
GMA-Madison, Inc.
GMA-Uniontown, Inc.
GMC Leasing Corporation
GMC-LTC Management, Inc.
GMS Insurance Services, Inc.
Governor's House Nursing Home, Inc.
Health Resources of Academy Manor, Inc.
Health Resources of ▇▇▇▇▇▇▇▇, Inc.
Health Resources of Brooklyn, Inc.
Health Resources of Cedar Grove, Inc.
Health Resources of Cinnaminson, Inc.
Health Resources of Colchester, Inc.
Health Resources of Columbus, Inc. (f/k/a MRD Realty, Inc.)
Health Resources of Cumberland, Inc.
Health Resources of Englewood, Inc.
Health Resources of ▇▇▇▇▇, Inc.
Health Resources of Farmington, Inc.
Health Resources of ▇▇▇▇▇▇▇, Inc.
Health Resources of Glastonbury, Inc.
Health Resources of Groton, Inc.
Health Resources of Karmenta and Madison, Inc.
Health Resources of Lakeview, Inc.
Health Resources of Lemont, Inc,
Health Resources of ▇▇▇▇▇▇▇▇, Inc.
Health Resources of Morristown, Inc. (f/k/a P.W.O.N. Associates, Inc.)
Health Resources of North Andover, Inc.
Health Resources of Rockville, Inc.
Health Resources of Solomont/Brookline, Inc.
Health Resources of ▇▇▇▇ Hills, Inc. (f/k/a F.L. Associates, Inc.)
Health Resources of Wallingford, Inc.
Health Resources of Warwick, Inc. (f/k/a ▇▇▇▇▇ Acquisition Corp. f/k/a RAC
Acquisition Corp.)
Health Resources of Westwood, Inc. (f/k/a Health Resources of Rhode Island,
Inc.)
Healthcare Resources Corp.
Helstat, Inc.
Hilltop Health Care Center, Inc.
HMNH Realty, Inc.
HNCA, Inc.
Horizon Associates, Inc.
47
Horizon Mobile, Inc.
Horizon Rehabilitation, Inc.
HR of Charleston, Inc.
HRWV Huntington, Inc.
Innovative Health Care Marketing, Inc.
Keystone Nursing Home, Inc.
Knollwood Manor, Inc.
Knollwood Nursing Home, Inc.
Lakewood Health Resources, Inc.
Laurel Health Resources, Inc.
Lehigh Nursing Homes, Inc.
Life Support Medical Equipment, Inc.
Life Support Medical, Inc.
Lincoln Nursing Home, Inc.
LRC Holding Company
LWNR, Inc.
Mabri Convalescent Center, Inc.
Madison Avenue Assisted Living, Inc.
Manor Management Corporation of Georgian Manor, Inc.
Marlinton Associates, Inc.
Marlinton Partnership Holding Company, Inc.
Marshfield Health Resources, Inc.
▇▇▇▇▇▇▇▇ Health Care Center - Concord, Inc.
▇▇▇▇▇▇▇▇ Health Care Centers, Inc.
Meridian Health, Inc. f/k/a MI Acquisition Corp.
Meridian Healthcare Investments, Inc.
Meridian Healthcare, Inc. f/k/a MHC Acquisition Corp.
MHNR, Inc.
MNR, Inc,
▇▇▇▇▇▇▇▇▇▇ Nursing Homes, Inc.
Multicare AMC, Inc.
Multicare Payroll Corp.
Nursing and Retirement Center of the Andovers, Inc.
Oak Hill Health Care Center, Inc.
PHC Operating Corp.
Philadelphia Avenue Corporation
Pocahontas Continuous Care Center, Inc.
Prescott Nursing Home, Inc.
Prospect Park LTC Management, Inc.
Providence Funding Corporation
Providence Health Care, Inc.
Rest Haven Nursing Home, Inc.
RHS Membership Interest Holding Company f/k/a Genesis Eldercare Adult Day Health
Services, Inc.
Ridgeland Health Resources, Inc.
River Pines Health Resources, Inc.
48
Rivershores Health Resources, Inc.
RLNR, Inc.
Rose Healthcare, Inc.
RSNR, Inc.
RVNR, Inc.
S.T.B. Investors, LTD Schuylkill Nursing Home, Inc.
Schuylkill Partnership Acquisition Corp.
Senior Living Ventures, Inc.
Senior Source, Inc.
Snow Valley Health Resources, Inc.
Solomont Family Medford Venture, Inc.
State Street Associates, Inc. (f/k/a Genesis Health Ventures of Brackenridge,
Inc.)
SVNR, Inc.
The ADS Group, Inc.
The Apple Valley Partnership Holding Company, Inc.
The Assisted Living Associates of Berkshire, Inc.
The Assisted Living Associates of Lehigh, Inc.
The Assisted Living Associates of Sanatoga, Inc.
The House of ▇▇▇▇▇▇▇▇, Inc.
The Multicare Companies, Inc. (a/k/a Century Care Corporation in New Jersey)
TMC Acquisition Corp. f/k/a ▇▇▇▇ Hills Assisted Living, Inc.
Tri State Mobile Medical Services, Inc.
Valley Medical Services, Inc.
Valley Transport Ambulance Service, Inc.
Versalink, Inc.
Villas Realty & Investments, Inc.
Walnut LTC Management, Inc.
Wayside Nursing Home, Inc.
▇▇▇▇▇▇▇▇▇▇ Ambulance Service, Inc.
West Phila. LTC Management, Inc.
Westford Nursing and Retirement Center, Inc.
Willow Manor Nursing Home, Inc.
Wyncote Healthcare Corp.
Ye Olde Ambulance Company, Inc. f/k/a Network Ambulance Services, Inc. f/k/a
Life Support Ambulance, Inc.
York LTC Management, Inc.
ADS Home Health, Inc.
ADS Management, Inc. a/k/a ADS/TMCI Management, Inc.
The Somerset-▇▇▇▇▇ ▇▇▇▇▇▇▇ Partnership Holding Company, Inc. f/k/a ADS Village
Manor, Inc.
ADS/Multicare, Inc.
Bethel Health Resources, Inc.
Century Care Management, Inc. (f/k/a Century Management, Inc.)
Chateau Village Health Resources, Inc.
ENR, Inc.
Genesis Eldercare Rehabilitation Services, Inc. f/k/a Team Rehabilitation, Inc.
49
Health Resources of Middletown (RI), Inc.
Lake Manor, Inc.
Rose View Manor, Inc.
▇▇▇▇▇▇▇▇ Convalescent Center, Inc. f/k/a MCV Realty, Inc.
Arcadia Associates
▇▇▇▇▇▇▇▇ Health Facilities
Breyut Convalescent Center, L.L.C.
Encare of Mendham, L.L.C.
Genesis-Georgetown SNF/JV, L L C
Glenmark Limited Liability Company I
Health Resources of Bridgeton, L.L.C.
Health Resources of Cinnaminson, L.L.C.
Health Resources of Cranbury, L.L.C. (Health Resources of Cranbury, Inc. and
Cranbury Care Center, Inc. (a non GEC entity) merged into Cranbury LLC in 09/99)
Health Resources of Eatontown, LLC (Laurel Associates, Inc., a non Multicare
entity, merged into Eatontown LLC)
Health Resources of ▇▇▇▇▇, L.L.C.
Health Resources of Englewood, L.L.C.
Health Resources of ▇▇▇▇▇, L.L.C.
Health Resources of Fairlawn, L.L.C.
Health Resources of ▇▇▇▇▇▇▇, L.L.C.
Health Resources of Ridgewood, L.L.C.
Health Resources of South Brunswick, LLC
Health Resources of West Orange, L.L.C.
Milford ALF L. L. C. f/k/a Milford/Dover ALF, L. L. C.
Pompton Care L.L.C.
Respiratory Health Services, L. L. C.
Roephel Convalescent Center, L.L.C.
ADS Apple Valley Limited Partnership
ADS Hingham Limited Partnership
Brevard Meridian Limited Partnership
Catonsville Meridian Limited Partnership
Cumberland Associates of Rhode Island, ▇.▇.
▇▇▇▇▇▇ Meridian Limited Partnership
Edella Street Associates
Genesis ElderCare Centers I, L. P.
Genesis ElderCare Centers II, L. P.
Genesis ElderCare Centers III, L. P.
Genesis Health Ventures of West Virginia, Limited Partnership
Genesis Properties Limited Partnership
Genesis Properties of Delaware Ltd. Partnership, L. P.
Glenmark Properties I, Limited Partnership
Greenspring Meridian Limited Partnership
Groton Associates of Connecticut, ▇.▇.
▇▇▇▇▇▇▇▇ ▇▇▇▇ Meridian Limited Partnership
▇▇▇▇▇ ▇▇▇▇▇ Associates of New Jersey, L.P.
50
▇▇▇▇▇▇▇▇ Health Care Center - Concord Limited Partnership
Mercerville Associates of New Jersey, L.P.
Meridian Edgewood Limited Partnership
Meridian Perring Limited Partnership
Meridian Valley Limited Partnership
Meridian Valley View Limited Partnership
Meridian/Constellation Limited Partnership
Middletown (RI) Associates of Rhode Island,L.P.
Millville Meridian Limited Partnership
Norristown Nursing and Rehabilitation Center Associates, L. P.
North Cape Convalescent Center Associates, L. P.
Philadelphia Avenue Associates
Point Pleasant Haven Limited Partnership
Pompton Associates, L.P.
Raleigh Manor Limited Partnership
River Street Associates
Romney Health Care Center Ltd., Limited Partnership
Seminole Meridian Limited Partnership
Sisterville Haven Limited Partnership
State Street Associates, ▇.▇.
▇▇▇▇▇ Valley Haven Limited Partnership
The ▇▇▇▇▇▇ Group-▇▇▇▇▇▇▇ House, L.P.
The ▇▇▇▇▇▇ Group-Old Bridge, L.P.
The ▇▇▇▇▇▇ Group-Quakertown Manor, L.P.
The ▇▇▇▇▇▇ Group-Ridgewood,L.P.
Therapy Care Systems, L. P. a/k/a Therapy Care Systems Limited Partnership
Volusia Meridian Limited Partnership
Wallingford Associates of Connecticut, L.P.
Warwick Associates of Rhode Island, L.P.
ADS Recuperative Center Limited Partnership
Care Haven Associates Limited Partnership
Lake Washington, Ltd.
51