Re: OPTIONS Dear Mr. Brodsky: In connection with that Stock Option Agreement dated July 1, 1997 between us wherein you granted me options to purchase 255,689 post-split shares of common stock of National Medical Health Card Systems, Inc. registered in...

                                  EXHIBIT 10.8


                                 XXXX X. XXXXXX
                                000 XXXXX XXXXXX
                              XXXXXXXXXXX, 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 July 1, 1997 between us
wherein you granted me options to purchase 255,689  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,


                                                              /s/Xxxx X. Xxxxxx
                                                              Xxxx X. Xxxxxx