FORM OF SEVERANCE AGREEMENT AND GENERAL RELEASEForm of Severance Agreement • February 9th, 2006 • National Medical Health Card Systems Inc • Insurance agents, brokers & service • New York
This Severance Agreement and General Release (the “Agreement”) is between National Medical Health Card Systems, Inc. (“Company”) and (“Employee”) and is a complete, final and binding settlement of all claims and potential claims, if any, with respect to their employment relationship. The term “Company” includes subsidiaries or related companies, directors, officers, shareholders, employees, agents, attorneys, and successors of the Company. Employee and the Company may sometimes be referred to collectively as the “Parties.”
FORM OF STOCK OPTION AGREEMENT FOR NON-EMPLOYEE DIRECTORSForm of Stock Option Agreement • February 9th, 2006 • National Medical Health Card Systems Inc • Insurance agents, brokers & service
NOW, THEREFORE, in consideration of the foregoing, the Company hereby grants to the Optionee (the “Grant”) the right and option to purchase Common Shares of the Company under and pursuant to the terms and conditions of the 1999 Stock Option Plan, as amended, (the “Plan”) and upon and subject to the following terms and conditions:
FORM OF STOCK OPTION AGREEMENT FOR SENIOR EXECUTIVE OFFICERS STOCK OPTION AGREEMENT made as of the between NATIONAL MEDICAL HEALTH CARD SYSTEMS, INC., a Delaware corporation (the “Company”), and (“Optionee”). WHEREAS, the Optionee is an employee of...Form of Stock Option Agreement • February 9th, 2006 • National Medical Health Card Systems Inc • Insurance agents, brokers & service
NOW, THEREFORE, in consideration of the foregoing, the Company hereby grants to the Optionee (the “Grant”) the right and option to purchase Common Shares of the Company under and pursuant to the terms and conditions of the 1999 Stock Option Plan (the “Plan”) and upon and subject to the following terms and conditions:
