EX-25 6 d82518ex25.txt EX-25 STATEMENT OF ELIGIBILITY/QUALIFICATION 1 EXHIBIT 25 -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ---------- FORM T-1 STATEMENT OF ELIGIBILITY AND QUALIFICATION UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2) ---------- U.S. TRUST COMPANY OF TEXAS, N.A. (Exact name of trustee as specified in its charter) 75-2353745 (State of incorporation (I.R.S. employer if not a national bank) identification no.) 2001 Ross Avenue, Suite 2700 Dallas, Texas 75201 (Address of trustee's (Zip Code) principal executive offices) Compliance Officer U.S. Trust Company of Texas, N.A. 2001 Ross Avenue, Suite 2700 Dallas, TX 75201 (214) 754-1200 (Name, address and telephone number of agent for service) ---------- AdvancePCS (formerly known as Advance Paradigm, Inc.) (Exact name of guarantor as specified in its charter) Delaware 75-2493381 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification no.) 5215 North O'Connor Blvd., 75039 Suite 1600 Irving, TX (Address of principal (Zip Code) executive offices) 2 ADVP CONSOLIDATION, L. L. C. (Exact name of guarantor as specified in its charter) Delaware 75-2882133 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 103 Foulk Road, Suite 202 19801 Wilmington, DE (Address of principal executive offices) (Zip Code) ADVANCERX.COM, L.P. (Exact name of guarantor as specified in its charter) Delaware 75-2882135 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 909 E. Collins Blvd., Suite 103 75081 Richardson, TX (Address of principal executive offices) (Zip Code) ADVP MANAGEMENT, L. P. (Exact name of guarantor as specified in its charter) Delaware 75-2882131 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 5215 North O'Connor Blvd., Suite 1600 75039 Irving, TX (Address of principal executive offices) (Zip Code) ADVANCEPCS, L. P. (FORMERLY KNOWN AS ADVP OPERATIONS, L. P. (Exact name of guarantor as specified in its charter) Delaware 75-2882129 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 5215 N. O'Connor Blvd., Suite 1600 75039 Irving, TX (Address of principal executive offices) (Zip Code) 3 HMN HEALTH SERVICES, INC. (Exact name of guarantor as specified in its charter) Ohio 34-1885276 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) CT Corporation System 44114 1300 E. Ninth St., Suite 1010 Cleveland, OH (Address of principal executive offices) (Zip Code) INNOVATIVE PHARMACEUTICAL STRATEGIES, INC. (Exact name of guarantor as specified in its charter) Ohio 34-1842278 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) CT Corporation System 44114 1300 E. Ninth St., Suite 1010 Cleveland, OH (Address of principal executive offices) (Zip Code) MATURE RX PLUS OF NEVADA, INC. (Exact name of guarantor as specified in its charter) Nevada 88-0453974 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 1930 Village Center Circle #377 89134 Las Vegas, NV (Address of principal executive offices) (Zip Code) PHOENIX COMMUNICATIONS INTERNATIONAL, INC. (Exact name of guarantor as specified in its charter) Ohio 34-1815732 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) CT Corporation System 44114 1300 E. Ninth Street, Suite 1010 Cleveland, OH (Address of principal executive offices) (Zip Code) 4 FIRST FLORIDA INTERNATIONAL HOLDINGS, INC. (Exact name of guarantor as specified in its charter) Florida 59-3308648 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 5215 N. O'Connor Blvd., Suite 1600 75039 Irving, TX (Address of principal executive offices) (Zip Code) INNOVATIVE MEDICAL RESEARCH, INC. (Exact name of guarantor as specified in its charter) Maryland 52-1688790 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 1001 Cromwell Bridge Rd., Suite 302 21286 Baltimore, MD (Address of principal executive offices) (Zip Code) BAUMEL-EISNER NEUROMEDICAL INSTITUTE, INC. (Exact name of guarantor as specified in its charter) Florida 59-1931184 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 7301 N. University Drive, Suite 300 33321 Tamarac, FL (Address of principal executive offices) (Zip Code) FOUNDATION HEALTH PHARMACEUTICAL SERVICES, INC. (Exact name of guarantor as specified in its charter) California 68-0261388 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 5215 N. O'Connor Blvd., Suite 1600 75039 Irving, TX (Address of principal executive offices) (Zip Code) 5 PCS HOLDING CORPORATION (Exact name of guarantor as specified in its charter) Delaware 94-3040479 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 5215 N. O'Connor Blvd., #1600 75039-3742 Irving, TX (Address of principal executive offices) (Zip Code) PCS HEALTH SYSTEMS, INC. (Exact name of guarantor as specified in its charter) Delaware 86-0217882 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 9501 East Shea Blvd. 85206 Scottsdale, AZ (Address of principal executive offices) (Zip Code) CLINICAL PHARMACEUTICALS, INC. (Exact name of guarantor as specified in its charter) Delaware 62-1295160 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 9501 East Shea Blvd. 85260 Scottsdale, AZ (Address of principal executive offices) (Zip Code) PCS MAIL SERVICES, INC. (Exact name of guarantor as specified in its charter) Arizona 86-0946910 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 9501 East Shea Blvd. 85260 Scottsdale, AZ (Address of principal executive offices) (Zip Code) 6 PCS SERVICES, INC. (Exact name of guarantor as specified in its charter) Delaware 94-3075526 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 9501 East Shea Blvd. 85260 Scottsdale, AZ (Address of principal executive offices) (Zip Code) PCS MAIL SERVICES OF BIRMINGHAM, INC. (Exact name of guarantor as specified in its charter) Alabama 63-1222539 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 2700 Milan Court 35211 Birmingham, AL (Address of principal executive offices) (Zip Code) PCS MAIL SERVICES OF FT. WORTH, INC. (Exact name of guarantor as specified in its charter) Delaware 75-2653427 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 2105 Eagle Parkway 76177 Ft. Worth, TX (Address of principal executive offices) (Zip Code) PCS MAIL SERVICES OF SCOTTSDALE, INC. (Exact name of guarantor as specified in its charter) Arizona 86-0945941 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 9501 E. Shea Blvd. 85260 Scottsdale, AZ (Address of principal executive offices) (Zip Code) 7 FFI RX MANAGED CARE, INC. (Exact name of guarantor as specified in its charter) Florida 59-3236503 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 3502 Henderson Blvd., Suite 300 33609 Tampa, FL (Address of principal executive offices) (Zip Code) FIRST FLORIDA MANAGED CARE, INC. (Exact name of guarantor as specified in its charter) Florida 59-3220513 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 3502 Henderson Blvd., Suite 300 33609 Tampa, FL (Address of principal executive offices) (Zip Code) AMBULATORY CARE REVIEW SERVICES, INC. (Exact name of guarantor as specified in its charter) Ohio 34-1754130 (State or other jurisdiction of (I.R.S. employer incorporation or organization) identification No.) 3502 Henderson Blvd., Suite 300 33609 Tampa, FL (Address of principal executive offices) (Zip Code) ---------- Senior Subordinated Notes, Due 2010 (Title of the indenture securities) -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 8 GENERAL 1. General Information Furnish the following information as to the Trustee: (a) Name and address of each examining or supervising authority to which it is subject. Federal Reserve Bank of Dallas (11th District), Dallas, Texas (Board of Governors of the Federal Reserve System) Federal Deposit Insurance Corporation, Dallas, Texas The Office of the Comptroller of the Currency, Dallas, Texas (b) Whether it is authorized to exercise corporate trust powers. The Trustee is authorized to exercise corporate trust powers. 2. Affiliations with Obligor and Underwriters If the obligor or any underwriter for the obligor is an affiliate of the Trustee, describe each such affiliation. None. 3. Voting Securities of the Trustee Furnish the following information as to each class of voting securities of the Trustee: As of December 12,2000

Capital Stock - par value $100 per share 5000 shares 4. Trusteeships Under Other Indentures Not applicable. 5. Interlocking Directorates and Similar Relationships with the Obligor or Underwriters Not applicable. 6. Voting Securities of the Trustee Owned by the Obligor or its Officials Not applicable. 9 7. Voting Securities of the Trustee Owned by Underwriters or their Officials Not applicable. 8. Securities of the Obligor Owned or Held by the Trustee Not applicable. 9. Securities of Underwriters Owned or Held by the Trustee Not applicable. 10. Ownership or Holdings by the Trustee of Voting Securities of Certain Affiliates or Security Holders of the Obligor Not applicable. 11. Ownership or Holdings by the Trustee of any Securities of a Person Owning 50 Percent or More of the Voting Securities of the Obligor Not applicable. 12. Indebtedness of the Obligor to the Trustee Not applicable. 13. Defaults by the Obligor Not applicable. 14. Affiliations with the Underwriters Not applicable. 15. Foreign Trustee Not applicable. 16. List of Exhibits T-1.1 - A copy of the Articles of Association of U.S. Trust Company of Texas, N.A.; incorporated herein by reference to Exhibit T-1.1 filed with Form T-1 Statement, Registration No. 22-21897. T-1.2 - A copy of the certificate of authority of the Trustee to commence business; incorporated herein by reference to Exhibit T-1.2 filed with Form T-1 Statement, Registration No. 22-21897. T-1.3 - A copy of the authorization of the Trustee to exercise corporate trust powers; incorporated herein by reference to Exhibit T-1.3 filed with Form T-1 Statement, Registration No. 22-21897. T-1.4 - A copy of the By-laws of the U.S. Trust Company of Texas, N.A., as amended to date; 10 incorporated herein by reference to Exhibit T-1.4 filed with Form T-1 Statement, Registration No., 22-21897. T-1.5 - The consent of the Trustee required by Section 321(b) of the Trust Indenture Act of 1939. T-1.6 - A copy of the latest report of condition of the Trustee published pursuant to law or the requirements of its supervising or examining authority. NOTE As of December 12, 2000, the Trustee had 5,000 shares of Capital Stock outstanding, all of which are owned by U.S. T.L.P.O. Corp. As of December 12, 2000, U.S. T.L.P.O. Corp. had 35 shares of Capital Stock outstanding, all of which are owned by U.S. Trust Corporation. The term "Trustee" in Items 2, 5, 6, 7, 8, 9, 10, and 11 refers to each of U.S. Trust Company of Texas, N.A., U.S. T.L.P.O. Corp. and U.S. Trust Corporation. In as much as this Form T-1 is filed prior to the ascertainment by the Trustee of all the facts on which to base responsive answers to Items 2, 5, 6, 7, 9, 10 and 11 may, however, be considered correct unless amended by an amendment to this Form T-1. In answering any items in this Statement of Eligibility and Qualification which relates to matters peculiarly within the knowledge of the obligors or their directors or officers, or an underwriter for the obligors, the Trustee has relied upon information furnished to it by the obligors and will rely on information to be furnished by the obligors or such underwriter, and the Trustee disclaims responsibility for the accuracy or completeness of such information. ---------- 11 SIGNATURE Pursuant to the requirements of the Trust Indenture Act of 1939 the Trustee, U.S. Trust Company of Texas, N.A., a national banking association organized under the laws of the United States of America, has duly caused this statement of eligibility and qualification to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Dallas, and State of Texas on the 12th of December 2000. U.S. Trust Company of Texas, N.A., Trustee By: /s/ John C. Stohlmann ---------------------- John C. Stohlmann Vice President 12 EXHIBIT T-1.6 CONSENT OF TRUSTEE Pursuant to the requirements of Section 321(b) of the Trust Indenture Act of 1939 as amended in connection with the proposed issue of , we hereby consent that reports of examination by Federal, State, Territorial or District authorities may be such authorities to the Securities and Exchange Commission upon request therefore. U.S. Trust Company of Texas, N.A., Trustee By: /s/ John C. Stohlmann ---------------------- John C. Stohlmann Vice President 13 OMB NUMBER: 7100-003 FEDERAL DEPOSIT INSURANCE CORPORATION OMB NUMBER: 3064-005 OFFICE OF THE COMPTROLLER OF THE CURRENCY EXPIRES MARCH 31, 2002 FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL ------------------------------------------------------------------------------------------------------------------------------------ [1] PLEASE REFER TO PAGE I, TABLE OF CONTENTS, FOR THE REQUIRED DISCLOSURE OF ESTIMATED BURDEN. ------------------------------------------------------------------------------------------------------------------------------------ CONSOLIDATED REPORTS OF CONDITION AND INCOME FOR A BANK WITH DOMESTIC OFFICES ONLY AND TOTAL ASSETS OF $100 MILLION OR MORE BUT LESS THAN $300 MILLION - FFIEC 033 REPORT AT THE CLOSE OF BUSINESS SEPTEMBER 30, 2000 20000930 -------- (RCRI 9999) This report is required by law: 12 U.S.C. Section 324 (State This report form is to be filed by banks with domestic offices member banks); 12 U.S.C. Section 1817 (State nonmember banks); only. Banks with foreign offices (as defined in the and 12 U.S.C. Section 161 (National banks). instructions) must file FFIEC 031. ------------------------------------------------------------------------------------------------------------------------------------ NOTE: The Reports of Condition and Income must be signed The Reports of Condition and Income are to be prepared in by an authorized officer and the Report of Condition must be Accordance with Federal regulatory authority instructions. attested to by not less than two directors (trustees) for State nonmember banks and three directors for State member and national Banks. We, the undersigned directors (trustees), attest to the I, Alfred B. Childs, Managing Director correctness of the Report of Condition (including the ------------------------------------------------------------------- supporting schedules) for this report date and declare that Name and Title of Officer Authorized to Sign Report it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the Of the named bank do hereby declare that the Reports of instructions issued by the appropriate Federal regulatory Condition and Income (including the supporting schedules) for authority and is true and correct. this report date have been prepared in conformance with the instructions issued y the appropriate Federal regulatory authority and are true to the best of my knowledge. /s/ J. T. Moore -------------------------------------------------------------- Director (Trustee) /s/ Alfred B. Childs /s/ Peter J. Denker ------------------------------------------------------------------- -------------------------------------------------------------- Signature of Officer Authorized to Sign Report Director (Trustee) 10/16/00 /s/ William J. Goodwin ------------------------------------------------------------------- -------------------------------------------------------------- Date of Signature Director (Trustee) ------------------------------------------------------------------------------------------------------------------------------------ SUBMISSION OF REPORTS Each bank must prepare its Reports of Condition and Income (if other than EDS) must transmit the bank's computer either: data file to EDS. (a) in electronic form and then file the computer data file For electronic filing assistance, contact EDS Call Report directly with the banking agencies' collection agent, Services, 2150 N. Prospect Ave., Milwaukee, WI 53202, Electronic Data Systems Corporation (EDS), by modem or telephone (800) 255-1571. on computer diskette; or To fulfill the signature and attestation requirement for the (b) in hard-copy (paper) form and arrange for another party to Reports of Condition and Income for this report date, attach convert the paper report to electronic form. That party this signature page (or a photocopy or a computer-generated version of this page) to the hard-copy record of the completed report that the bank places in its files. ------------------------------------------------------------------------------------------------------------------------------------ FDIC Certificate Number: 33217 U.S. TRUST COMPANY OF TEXAS, N.A. ----- -------------------------------------------------------------- (RCRI 9050) Legal Title of Bank (TEXT 9010) DALLAS -------------------------------------------------------------- City (TEXT 9130) TX 75201 -------------------------------------------------------------- State Abbrev. (TEXT 9200) Zip Code (TEXT 9220) Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency

14 U.S. TRUST COMPANY OF TEXAS, N.A. Call Date: 09/30/2000 State #: FFIEC 033 2001 ROSS AVENUE, SUITE 2700 Vendor ID: D Cert #: 33217 RC-1 DALLAS, TX 75201 Transit #: 11101765 [9] CONSOLIDATED REPORT OF CONDITION FOR INSURED COMMERCIAL AND STATE-CHARTERED SAVINGS BANKS FOR SEPTEMBER 30, 2000 All Schedules are to be reported in thousands of dollars. Unless otherwise indicated, report the amount outstanding as of the last business day of the quarter. SCHEDULE RC - BALANCE SHEET C200<- Dollar Amounts In Thousands ------------------------------------------------------------------------------------------------------------------------------------ ASSETS 1. Cash and balances due from depository institutions (from Schedule RC-A): RCON ---- a. Noninterest-bearing balances and currency and coin(1) ...................................... 0081 1,856 1.a ---------- b. Interest-bearing balances(2) ............................................................... 0071 1,152 1.b ---------- 2. Securities: a. Held-to-maturity securities (from Schedule RC-B, Column A) ................................. 1754 0 2.a ---------- b. Available-for-sale securities (from Schedule RC-B, column D) ............................... 1773 121,989 2.b ---------- 3. Federal funds sold and securities purchased under agreements to resell ......................... 1350 29,300 3. ---------- 4. Loans and lease financing receivables: RCON ---- a. Loans and leases, net of unearned income (from Schedule RC-C) .......... 2122 27,084 4.a ----------- b. LESS: Allowance for loan and lease losses ............................. 3123 260 4.b ----------- c. LESS: Allocated transfer risk reserve ................................. 3128 0 4.c ----------- d. Loans and leases, net of unearned income, allowance, and reserve (item 4.a minus 4.b and 4.c) ........................................................................ 2125 26,824 4.d ---------- 5. Trading assets ................................................................................. 3545 0 5. ---------- 6. Premises and fixed assets (including capitalized leases) ....................................... 2145 903 6. ---------- 7. Other real estate owned (from Schedule RC-M) ................................................... 2150 0 7. ---------- 8. Investments in unconsolidated subsidiaries and associated companies (from Schedule RC-M) ....... 2130 0 8. ---------- 9. Customers' liability to this bank on acceptances outstanding ................................... 2155 0 9. ---------- 10. Intangible assets (from Schedule RC-M) ......................................................... 2143 2,210 10. ---------- 11. Other assets (from Schedule RC-F) .............................................................. 2160 3,560 11. ---------- 12. Total assets (sum of items 1 through 11) ....................................................... 2170 187,794 12. ---------- (1) Includes cash items in process of collection and unposted debits. (2) Includes time certificates of deposit not held for trading.

15 U.S. TRUST COMPANY OF TEXAS, N.A. Call Date: 09/30/2000 State #: FFIEC 033 2001 ROSS AVENUE, SUITE 2700 Vendor ID: D Cert #: 33217 RC-1 DALLAS, TX 75201 Transit #: 11101765 [10] SCHEDULE RC - CONTINUED Dollar Amounts In Thousands ------------------------------------------------------------------------------------------------------------------------------------ LIABILITIES 13. Deposits: RCON ---- a. In domestic offices (sum of totals of columns A and C From Schedule RC-E) RCON 2200 162,345 13.a ---- ---------- (1) Noninterest-bearing(1) ............................................. 6631 17,928 13.a.1 ----------- (2) Interest-bearing ................................................... 6636 144,417 13.a.2 ----------- b. In foreign offices, Edge and Agreement subsidiaries, and IBFs (1) Noninterest-bearing ................................................ (2) Interest-bearing ................................................... 14. Federal funds purchased and securities sold under agreements to repurchase ..................... 2800 0 14. ---------- 15. a. Demand notes issued to the U.S. Treasury ................................................... 2840 0 15.a ---------- b. Trading liabilities ........................................................................ 3548 0 15.b ---------- 16. Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases): a. With a remaining maturity of one year or less .............................................. 2332 1,000 16.a ---------- b. With a remaining maturity of more than one year through three years ........................ A547 1,000 16.b ---------- c. With a remaining maturity of more than three years ......................................... A548 0 16.c ---------- 17. Not applicable 18. Bank's liability on acceptances executed and outstanding ....................................... 2920 0 18. ---------- 19. Subordinated notes and debentures(2) ........................................................... 3200 0 19. ---------- 20. Other liabilities (from Schedule RC-G) ......................................................... 2930 3,335 20. ---------- 21. Total liabilities (sum of items 13 through 20) ................................................. 2948 167,680 21. ---------- 22. Not applicable EQUITY CAPITAL 23. Perpetual preferred stock and related surplus .................................................. 3838 2,000 23. ---------- 24. Common stock ................................................................................... 3230 500 24. ---------- 25. Surplus (exclude all surplus related to preferred stock) ....................................... 3839 8,651 25. ---------- 26. a. Undivided profits and capital reserves ..................................................... 3632 9,441 26.a ---------- b. Net unrealized holding gains (losses) on available-for-sale securities ..................... 8434 (478) 26.b ---------- C. ACCUMULATED NET GAINS (LOSSES ON CASH FLOW HEDGES) ......................................... 4336 0 26.c ---------- 27. Cumulative foreign currency translation adjustments ............................................ 28. Total equity capital (sum of items 23 through 27) .............................................. 3210 20,114 28. ---------- 29. Total liabilities and equity capital (sum of items 21 and 28) .................................. 3300 187,794 29. ---------- MEMORANDUM TO BE REPORTED ONLY WITH THE MARCH REPORT OF CONDITION. 1. Indicate in the at the right, the number of the statement below that best describes the NUMBER most comprehensive level of auditing work performed for the bank by independent external ---------- auditors as of any date during 1998 ............................................................. 6724 N/A M.1 ---------- 1 = Independent audit of the bank conducted in accordance 4 = Directors' examination of the bank performed by other with generally accepted auditing standards by a certified external auditors (may be required by state chartering public accounting firm which submits a report on the bank authority) 2 = Independent audit of the bank's parent holding company 5 = Review of the bank's financial statements by external conducted in accordance with generally accepted auditors auditing standards by a certified public accounting firm which submits a report on the consolidated holding 6 = Compilation of the bank's financial statements by external company (but not on the bank separately) auditors 3 = Directors' examination of the bank conducted in 7 = Other audit procedures (excluding tax preparation work) accordance with generally accepted auditing standards by a certified public accounting firm (may be required by 8 = No external audit work state chartering authority) (1) Includes total demand deposits and noninterest-bearing time and savings deposits. (2) Includes limited-life preferred stock and related surplus.