Retention and Severance Agreement (June 6th, 2005)
This letter will confirm our agreement that following consummation of the merger (the Merger) of MIM Corporation, a Delaware corporation (MIM), and Chronimed, Inc., a Minnesota corporation (Chronimed), pursuant to the Agreement and Plan of Merger, dated as of August 9, 2004, by and among MIM, Chronimed Acquisition Corp., a Minnesota corporation and a wholly-owned subsidiary of MIM, and Chronimed, as amended, you will step down from your positions of President and Chief Operating Officer of MIM but will continue to remain employed on a full time basis as a Executive Vice President of BioScrip, Inc. (BioScrip), as successor in interest of MIM. You will also have such day to day responsibilities as shall be assigned to you by the Chief Executive Officer of BioScrip, subject to the authority and direction of its Board of Directors, including responsibility for the integration of MIM and Chronimed as contemplated by the Summary Integration Information dated December 1, 2004.
Amendment No. 1 to the Agreement and Plan of Merger (January 5th, 2005)
Re: Severance Agreement (May 10th, 2004)