November 13, 1996Employment Agreement • December 20th, 1996 • Health Management Inc/De • Retail-drug stores and proprietary stores
This will confirm our agreement that the merger (the "Merger") and other transactions contemplated by (i) the Merger Agreement dated as of the date hereof between HMI, Transworld Home HealthCare, Inc. ("Transworld") and a wholly-owned subsidiary of Transworld, (ii) the Stock Purchase Agreement (the "Stock Purchase Agreement") dated the date hereof between HMI and Transworld and (iii) the Debt Purchase Agreement dated the date hereof between Transworld and HMI's senior lenders will not constitute a "Change in Control" as such term is used in the Employment Agreement and will not constitute a material reduction in the scope and/or authority of Jurewicz's duties with HMI within the meaning of the Employment Agreement, and Jurewicz agrees to remain employed with HMI through June 30, 1998, provided that notwithstanding all other agreements and understandings, including those contained in the above documents, the following conditions are met (the payments specified in clauses (i), (ii) and (
November 13, 1996Employment Agreement • December 20th, 1996 • Health Management Inc/De • Retail-drug stores and proprietary stores
