Option Surrender Agreement between Marjorie G. O'Malley and Bert E. Brodsky

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Summary

Marjorie G. O'Malley agrees to surrender her stock options to purchase 63,922 shares of National Medical Health Card Systems, Inc. from Bert E. Brodsky at an exercise price of $5.87 per share. This agreement is effective immediately and formally ends her rights under the original Stock Option Agreement dated December 7, 1998.

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EX-10.13 4 0004.txt MATERIAL CONTRACTS EXHIBIT 10.13 MARJORIE O'MALLEY 28 LOYAL LEDGE LANE GUILFORD, CT 06437 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 December 7, 1998 between us wherein you granted me options to purchase 63,922 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, Marjorie G. O'Malley