Free Opening Brief in Support - District Court of Delaware - Delaware

Case 1 :04-cv—01565-SLR Document 44-5 Filed 05/11/2005 Page1 014
EXHIBIT C

0 V" ,..` ln L A ' G Y. ’ - iaooionnmev srzaer avert E500 U
00 0 D L, Ezirlll Q Cl 1.,,,0l 0 1 rt-1;t.zto:;r·s11a0`:·.~, l97¤3·?ZY3
0 ,ti·roit~ars»~T 5--==°·' 0 5 gesasizone-0e.\¤;tt,rs· 2:ca aenareilsw 0
0 0 ·-_` 0 r 0 ianuery 7, 2003 ‘ 0 0 0
· BARRY E. BRESSLER 0 _ · 0
tiirect Dial 2l5·75l-2050 ‘ 0 ' ~ 0 0 0' 0
Dir:c=0Fax 215-7si.g;¤_o5 0 _0 0 · _ __ _ 00 - 00 _ 0 g _ 0 _
Eniern¤r.=\¤idi·ess:bhr:s:ier:?}zscEenader0c¤in _ 0 ‘ 00 _ 0_ 0 ‘ 0 0 0_ 0 .
_ U 0 - 0 l _ 00 _ 0 ‘ E_$\·\\Bl -0 0
0 ~ _ 0 · 0 - [ 3 0 0_ 1% V:
Vid. FKCSIMILE #312 621 107"0 0 0 0 E Q7 00
_0 - p i}COKIl0\l.SCl1I€llD€I, Esquire _ 00 - I __ ` e 0
_ Much Sitelist Freed Denenberg Arnent 3: Rubenstein 0` 0 _ ` · J · ·
· 200 North LaSalle Street, Suite 2l00 0 0 0 0 0 0c
0 Cl1icago,lL 60601 0 ‘ V 0 0 A
0 - 0 Re: In rei Coram Healthcare Corp., Debtor 0 ‘ 0 0- 00
_‘ 0 _ _ - fDaniel D. Crowley P `0 _ 0
0 DEM M11 Sclireibertl 0 p r 0 ‘ · ‘ 0 0 0 _.
00 0 - Per our additional tiiscttssions, Arlin M. Adams, the Chapter ll Trustee for ·0
0 Coram Heaitlicam Corporation (“Coram”) and Daniel D. Crowley {“Dan"`) have entered into ia _0
_ letter agreement ( the Transition .¤.gtreement"}0 for terminating Danes prior 0Employme;—ii
0 0 0 .¤~.5_.zreement andpextending his ernpioyment. The Transition-.¤igreenientwill be submitted to time 0
‘ Banltm tc Court fora roval0 · 0 0 0 0 -·
p 0 P PP _ 0 0
0 0 0 0 ` 0 ` _ This letter will serve to reflect the intent as to an additional settlement agreement 0 0 -
€"Sertlen1ent Ags·eement°') to be entered into between the0'l`rustee and Dan, su‘oj;0ect0to aa formal. p
· ‘ agreement being drawn and snl¤ject,pot` cou.rse,_ to approvals of the Banlctuptcgr--Coe1·t. The _
Settlement Agreement is being negotiatetianci finalized in connection with the Tr-ansitioii _ _ - _
Agreement, and will include the following terms: 0 r · ·_ 0 `
0 0 i. All of Dans contractnai and employment claims for perforrnance bonuses. _
` S _ ?:C.E0RP0MIP, and otherwise, including any and all claims under his oid Eniployment .¤;gi·eenieiit_ ·
not dealt with in theiransition Agreement, will be comproniised and satisied by an aciditional ‘
i p · _ 0 payment, upon tinai Plan _co_ntEr:nation, of $2,000,000 and the exchange of releases proisideci 0
·· below. p 0 0 ‘ 0 ` p ‘ _ — ‘
0· 00 l 2.0 0 Dari will release tlie0"i`rustee and Debtors from any tu1·ttiei·0cla0itns as part of the
· _ 0 Plan md the Trustee and`Debtors will in turn release Dan from all proposed cietwative: claims 0 0
- and any other claims arising out of or related to such proposed derivative claims that tlte_Ti·tistee0 `
· 0 · 0 0* 0 »Schnade0r liarrtison Segal & Lewis tw 0 0 _
00 · 0 Q 0N==4.i was i;·r`¤aa0•LA0e;tP·iw¤A,PA Pl’T=;BuRGH,FA ‘SAr4i=aA>1c0l:€tl,eA iv0?l£lQf&0li1°tsl'tl]t§$r`i1lL2 .0
n _ acsr time · ~ =cH¤0HSwR0Gl,% NER-mH,i_L0r;i·itii·i¤1;a_¤¤¤.P»¤ · ` Q}-§-1*l`l‘FQUS“l'El§_

A I Case 1 :04-ox/-01565-SLR Document 44-5 Filed 05/1 1/2005 Page 3 Or 4
23t:iioeoier5 I e 5_ ij I 5 5 5_ -5
¤l'i"['C>¤.NE’r‘S·¤.T LAW I I _ . I I "
_ 5 5 Scott N. Schreiber, Esq. I I - I 5 - _ 5 I 5 . `
January 7, 2003 I _ 5 . · _
_ . Page 2 5 _ · __ ' ` _ ; 5 5
» 5 Corarn, any subsidiaries, `or any committees or entities claiming tltroogh them, may it-ave ageirisi
Dan, to the fullest ement approved by the Eankmptcy Court. _ p
I I I 5 I 3. The parties comemplate that tlie formal agreernent reflecting the above will be
finalized by January 31, 2003, and will be presented to the Bankruptcy Court for approval 5
thereafter, but in any event before a P-lan to be proposed by tljie Trustee ori. or before ?el:>roary 28,
2003, _ _ - ` - 5 , 5
I p I 4, lf the Bankruptcy Court fails to approve the Settlement Agreement, all of the
i ondeixakings of the parties will be void and the parties will return to their previous posltioiis, 5
5 retaining all claims which exist and all defenses thereto} The parties will only be legally bound
. . - ` upon approval of the formal agreement by the Bankruptcy Court. I . , 5 5
» .I ` I . 5 I I Sincerely, _ ,,/7 I _ _~ II - I _
p 5 f 5 5‘'` I · I ` 5~/If I li: I Q J! I I I
, 5 5 ie If i eg aaassL1-za 5 -,
I .I .Icct Arlin M, aeamg. Chapter ll Trustee . _ 5 _ I 5 I _ . p 5 _
_ i M:. Daniel Dr Crowley 5 5 5 a 5 It
. I . I . The Terms and Conditions above are hereby agreed to: e5 5 I I W 5 p I
. I DANZEL D. CROWLEY ` I I _I . p I 5 _ 5
_ I - ARLEN ADAMS, Cl-LAPTER ll TRUISTEE p - . ` - I _ ` I. I, W
_ 5 5 5_ - 5 _ 5 _. · J- 5 gb Ki . s=l-tD;·.T;¤ilossi1l“2 .
· _ U I Schgacler Harrison Segal & lewis ew X. Cl-l`-lin-l;$gST_EE· I

Case 1 :04-cv—01555-SLR 1
I I v I _ _ ’ I I I;)-0c0men1 44-5 4F|Ied:05/11/2005 Page 4 014
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_" . n. ` A _ U Barry E. Bressier, Esq. . l l l U I
. . I . _ ‘ . 1 1 _ 215-151-2050 . - ‘ .
- -· - 1 ‘ Fax 215-751-2205 1 1 ‘ · 1 `
_ U _ n ` nn TELECOPIER `I'RANS¥\!IISSiCI\i COVER SHEET 4 I ‘ T I
L I 1 I .1a¤iIei·; T, 200; I- 5 1
1 " 1 sane Tc; Scctt N. Schreiber Esquire I I 1
.C1OIVIPAN‘·(`; Much Sheéist 11 1 1 .
‘ _ FAX#: 1 (Z312)521-17501 . ‘ ‘ ‘ V I _ . 1 I _
‘ I 1 PHONE #: (312) 62141485 _ ‘ ° 1 ‘ 1 _ _ ‘ _ · · V
I 1 1 IF§.OMZ` I Barry E. Bresssier, Esq. I _ 1
._ - CLIENT #i1 3OG2511I000‘I . 1 1
‘_ AIIY#:1 ‘ 01295 1 . · ‘ · ..
, ‘ 1 RE: Coram ‘ 1 I 1 1 `
l I_ [ U . N_UN`|B5R OF PAGES INCLUDING COVER PAGE: 3 . M L I l l L U
_ 1 cemmamszl 5 5 -1 l ‘ I . I . _ I
1 I I ‘ A 1 1 ” L I 1 @i"I¥11TRL.i51‘g5 I
_ . I . . ‘ 1 1_ U 1 . _ · 005523 I
IF THERE I5 ;¤i·PROBLEi\II, CALL.: 215-751-2051 ` l . ` . U ‘ ·
I n n I Tiicniiifcmiaciun eeeieizied iii 111%-s fax eemmunicazinn is nransminecl by an aucmey. Iz is griviieged and c¤iw.§ciemiz¤.i. iniesnded . n
' . cniy Fer the use of the individuai ur eziziry named above. Hah: reader ufzhis message is nm me amended reeipiem. you are . 1
7 Iyereby vncciiied mat-any d·Issemi:sa1i¤n, diszribuiicn er repmducziun ufnhis fax cnmmunicariozi is szséltaiy prchibircd. IE`LI1is im 1.
. ccmmunicacicn Iw.s.ineeu received in erm:. please immediately nccify us by/xeiephcné. c0%Iee¢:‘i2`_ncces:¤r5·. and rcnum {Exe crigisml
_ message ¤.¤ us ea (he abgve address by mzii {Ive wiii rcimizurse gesazgei. Thank you. " ‘ _ . 1 ‘ `
I ”_ ‘_ · ` ` -- Sehnader Harrnisann S'-2Q5I'&rLQWi5`LLPV `I
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