V.R. DeAngelis M.D.P.C. & R.T. Domingo M.D.P.C., V. R. DeAngelis M.D.P.C., Tax Matters Partner, et al. - Page 49




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          period before termination of employment was $323,334.  Attached             
          to the request was the same “Reason for Termination of Service”             
          that Dr. Domingo had attached to his benefit request.  Both forms           
          were signed by Dr. DeAngelis on June 30, 2001.  Before that                 
          request, neither VRD/RTD nor Dr. Domingo notified STEP that Dr.             
          Domingo had stopped providing services to VRD/RTD on January 1,             
          1999.                                                                       
               On August 10, 2001, Teplitzky & Co. forwarded Dr. Domingo’s            
          claim for severance benefits to Mr. Pagano, asking Mr. Pagano if            
          he agreed or disagreed with the claim.  On September 4, 2001, Mr.           
          Pagano informed Teplitzky & Co. that he had reviewed Dr.                    
          Domingo’s claim for severance benefits and that he confirmed that           
          it was an “induced termination due to non renewal of contract”              
          which would be a qualifying event for severance benefits under              
          the STEP plan.                                                              
               On September 20, 2001, Teplitzky & Co. notified Dr. Domingo            
          that his severance benefit had been approved in the estimated               
          amount of $233,661 and offered Dr. Domingo the opportunity to               
          “purchase” the Domingos survivor whole life policy, coverage of             
          which was $587,232, for $5,496.  On September 25, 2001, Dr.                 
          Domingo wrote to Teplitzky & Co. asking for answers to certain              
          questions he had about his benefits and his life insurance                  
          policies, including a question as to why he had to pay so much to           
          purchase the Domingos survivor whole life policy.  On September             







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