E-MedSoft.com Guaranty Agreement for Signing Bonuses and Additional Payments to Savitsky and Clift

Summary

E-MedSoft.com agrees to guarantee the payment of signing bonuses and additional payments owed by Tender Loving Care Health Care Services, Inc. to Stephen Savitsky, David Savitsky, and Dale R. Clift. If the company does not pay these amounts, E-MedSoft.com will either pay the individuals directly or provide the funds to the company to ensure payment. This agreement ensures that the specified payments under the related employment and additional payment agreements are made as promised.

EX-10.10 13 a2061795zex-10_10.txt EXHIBIT 10.10 Exhibit 10.10 E-MEDSOFT.COM 200 Brickstone Square, Suite 403 Andover, Massachusetts 01810 October 18, 2001 Mr. Stephen Savitsky Mr. David Savitsky Mr. Dale R. Clift c/o Tender Loving Care Health Care Services, Inc. 1983 Marcus Avenue Lake Success, New York 11042 Gentlemen: We refer to (i) the Employment Agreements, each dated as of the date hereof (collectively, the "Employment Agreements"), between Tender Loving Care Health Care Services, Inc. ("Company") and Stephen Savitsky, David Savitsky and Dale R. Clift, respectively, and (ii) the Agreement, dated the date hereof, by and among Company, Stephen Savitsky, David Savitsky and Dale R. Clift (the "Additional Payment Agreement"). E-MedSoft.com hereby guarantees the payment by Company to Stephen Savitsky, David Savitsky and Dale R. Clift of (i) their respective "Signing Bonus" (as such term is defined in the Employment Agreements) payable by Company to each such person and (ii) the amounts payable by Company to each such person under the Additional Payment Agreement. E-MedSoft.com shall make such payments to such persons directly or shall contribute such amounts to Company and cause Company to make such payments to such persons when due. E-MEDSOFT.COM By: /s/ Frank Magliochetti -------------------------------- Frank Magliochetti President and Co-Chief Executive Officer