EXHIBIT 10.13
XXXXXXXX X'XXXXXX
00 XXXXX XXXXX XXXX
XXXXXXXX, XX 00000
February 1, 2000
Xx. Xxxx X. Xxxxxxx
00 Xxxxxx Xxxx Xxxxx
Xxxx Xxxxxxxxxx, XX 00000
Re: OPTIONS
Dear Xx. Xxxxxxx:
In connection with that Stock Option Agreement dated December 7, 1998
between us wherein you granted me options to purchase 63,922 post-split shares
of common stock of National Medical Health Card Systems, Inc. registered in your
name at an exercise price of $5.87 per share (the "Options"), I hereby surrender
such Options effective immediately.
Very truly yours,
Xxxxxxxx X. X'Xxxxxx