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<br /> )bW <br />~eb't:.or and any other Affiliates may utilize any of their pre-petition net <br />operating loss carryovers and other tax att~ibutes on their consolidated <br />federal tax returns filed for their first taxable year that ends after the <br />Effective Date. Thereafter, all unused pre-petition net operating loss <br />carryovers and other tax attributes of the Debtor and any Affiliates will be <br />eliminated pursuant to the compromise with the IRS. The elimination of <br />Healthcare'g, the Debtor's and any Affiliates' tax attributes will not affect <br />the net operating loss carryovers and other tax attributes being transferred <br />to Reorganized Healthcare by HealthVest pursuant to the Parent Plan. <br /> 5. Treatment of HealthVest's Claim: HealthVest will' receive the <br />modified San Marcos Note in full satisfaction of its Claim. The existing ~-< <br />promissory note executed by San Marcos and payable to HealthVest will be <br />modified as follows: i <br /> (i) the term of the Modified San Marcos Note shall be five (5) <br /> years; <br /> (ii) the interest rate under the modified San Ma rcos Note shall be <br /> nine percent (9%) per annum; <br /> . . <br /> (iii) principal payments shall be made based on a thirty (30) year <br /> amortization; - <br /> (iv) additional principal payments shall be calculated in accordance <br /> with the HealthVest Term Sheet; and <br /> (v) a continuing Lien on the collateral presen~ly securing the San <br /> Marcos Note. <br /> 6. Treatment of Unsecured Claims: Holders of Allowed Unsecured Claims <br />shall be paid as follows: <br /> (a) 25% of the Allowed Amount of Allowed Class 4 Claims ln <br /> Cash on the later of the Effective Date or date the Claim <br /> becomes an Allowed Claim; and <br /> (b) the balance of the Allowed Amount of Allowed Class 4 <br /> Claims in six (6) equal semi-annual (March 15 and <br /> September 15) installments of principal and interest, with ! <br /> interest calculated at the rate of eight percent (8%) per <br /> annum beginning on March 15,1994. <br /> The Plan Proponents estimate that the amount of the Unsecured Claims that <br />will be Allowed, excluding disputed Tort Claims and any Claim of Hea1thcare, <br />is $259,509. <br /> Holders of Unsecured Claims in an Allowed Amount of $150 or less will be <br />paid in Cash in full on the Effective Date. Holders of Allowed Unsecured <br />Claims in an amount in excess of $150 may elect to reduce their Allowed Claims <br />to $150 and be paid $150 in Cash on the Effective Date. <br /> - 22 - <br />a-ZeISS <br />