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Non-Tech : pamc
PAMC 46.54+1.8%Nov 5 4:00 PM EST
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To: Steven M. Kaplan who wrote (195)4/4/1999 9:42:00 PM
From: Steven M. Kaplan   of 570
 
AOL's first right of refusal:

>>The Stockholders' Agreement dated, November 13, 1998 (the "Stockholders' Agreement") between HealthAxis, AOL, HPS, PAMCO, PILIC and Messrs. Ashker and Clemens provides that in the event a Selling Group Stockholder, which includes all parties to the Stockholders' Agreement other than AOL and HealthAxis, intends to sell or transfer any shares of capital stock of HealthAxis, such Selling Group Stockholder shall give notice to AOL of the name and terms offered by the proposed purchaser and provide AOL with the right to purchase such shares at the same price offered by the proposed purchaser for
a period of 30 days. <<
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