EXHIBIT 10.5 UNIVERSAL STANDARD MEDICAL LABORATORIES, INC. DIRECTORS STOCK OPTION PLAN (AS AMENDED AND RESTATED OCTOBER 24, 1996) I. GENERAL PROVISIONS 1.1 PURPOSE. The purpose of the Universal Standard Medical Laboratories, Inc. Directors Stock...Directors Stock Option Plan • November 14th, 1996 • Universal Standard Medical Laboratories Inc • Services-medical laboratories
November 6, 1996 Universal Standard Medical Laboratories, Inc. 26500 Northwestern Highway Southfield, MI 48037 Attn: Alan S. Ker, Chief Financial Officer RE: Second Waiver of Loan Agreement Covenants Dear Mr. Ker: This Second Waiver of Loan Agreement...Second Waiver of Loan Agreement Covenants • November 14th, 1996 • Universal Standard Medical Laboratories Inc • Services-medical laboratories
