EXHIBIT 10.8
MARY T. CASALE
822 CEDAR AVENUE
HADDONFIELD, NJ 08033
February 1, 2000
Mr. Bert. E. Brodsky
26 Harbor Park Drive
Port Washington, NY 11050
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 your name at
an exercise price of $5.87 per share (the "Options"), I hereby surrender such
Options effective immediately.
Very truly yours,
/s/Mary T. Casale
Mary T. Casale