EXHIBIT 10.28
SECOND
AMENDMENT TO
PROMISSORY NOTE
$ 500,000.00 Date May 31, 2000
This Promissory Note amends and replaces that certain note dated May 31,
2000 made by the undersigned to the Lender in the principal amount of $500,000,
as amended.
On March 31, 2002 we promise to pay to the order of NATIONAL MEDICAL HEALTH
CARD SYSTEMS, INC. FIVE HUNDRED THOUSAND AND NO CENTS ($500,000.00) Dollars
Payable at 26 Harbor Park Drive, Port Washington, NY 11050
for value received with interest at nine and one-half percent (9-1/2%) per
annum payable quarterly. The Lender represents that this loan may be prepaid at
any time without penalty.
SANDATA, INC.
By:
/s/Bert E. Brodsky
Bert E. Brodsky, Chairman
Witness:
