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<br />1.1.1 <br />Lessee agrees that it will not, or permit CCF to, terminate the Defmitive <br />Agreement or assign or purport to assign its rights under the Definitive <br />CCF's Approval of Certain Actions <br />• Changes to Articles of Incorporation and Code of Regulations <br />• Merger, consolidation or dissolution of Hospital <br />• Management contract, lease or similar contract, involving <br />significant portion of assets or operations, with third party <br />• Appointment of auditors <br />• Unbudgeted capital projects in excess of $500,000 <br />Incurrence of indebtedness, capital expenditures, or disposal of <br />assets in excess of $500,000 , <br />' ~ • Annual operating and capital budgets <br />• Strategic and financial plans, including implementation of new <br />or elimination of existing services <br />s <br />Lease requirements. <br />Lakewood Hospital 1Vledical Staff-will continue to have same rights <br />privileges. Lakewood will establish medical staff development and <br />Hospital will be an active participant CCF regional health caze system an <br />a Member of CHN. Integration will enabler CCF and Hospital to develop <br />and implement a continuing health care system and evolve or expand <br />Itt Coriraplian <br />response to <br />fi <br />approved solely by LHA Board; LHA is part of the <br />In <br />Page 7 <br />G:~IvlemberReports~2007.Lkw.MemberReport.doc <br />