Departure & Appointment of Manager
REPORT TO HOLDERS OF 10.750% SENIOR NOTES DUE 2018
Re:Departure and Appointment of Manager
Reference is made to the Indenture dated as of December 20, 2010, among Aurora Diagnostics Holdings, LLC (the “Company”), Aurora Diagnostics Financing, Inc. (the “Co-Issuer”; together with the Company, the “Issuers”), and U.S. Bank National Association, pursuant to which the Issuers issued their 10.750% Senior Notes due 2018 (“Senior Notes Pursuant to Section 4.02 of the Indenture, the Company hereby reports the following events.”).
Departure and Appointment of Manager.
On August 25, 2011, Mark M. King resigned as a member of the Company’s Board of Managers, and Bennett R. Thompson was appointed to the Board to serve in the vacancy created by Mr. King’s resignation. Mr. Thompson was designated to serve on the Board by KRG Capital Partners pursuant to the terms of the Company’s Second Amended and Restated Limited Liability Company Agreement, which provides for the designation of up to three of the Company’s managers by KRG Capital Partners, one of the Company’s principal equityholders. For information regarding related party transactions between the Company and KRG Capital Partners, see the Company’s Annual Report for the year ended December 31, 2010.
For questions and inquiries regarding the foregoing, please contact Gregory A. Marsh, Vice President and Chief Financial Officer, at gmarsh@auroradx.com.