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EXHIBIT 10.7
JOSEPH A. PAUL Letterhead
October 27, 2000
US Diagnostic Inc.
250 S. Australian Avenue
9th Floor
West Palm Beach, Florida 33401
Attn: Board of Directors
Gentlemen:
I hereby resign as a Director, President & Chief Executive Officer of US
Diagnostic Inc. effective as of January 5, 2001. The resignation shall not be
construed to amend or cancel the current agreement between US Diagnostic Inc.
and Joseph A. Paul regarding Joseph A. Paul's current employment agreement,
including but not limited to the retention bonus payments as outlined and
approved by the Board of Directors on April 19, 2000.
Sincerely,
/s/ Joseph A. Paul
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Joseph A. Paul