EXHIBIT 10.13(b)
AMENDMENT NO. 1 TO RETIREMENT BENEFIT AGREEMENT
          THIS AMENDMENT NO. 1 TO RETIREMENT BENEFIT AGREEMENT (this
“Amendment”) by and between Mylan Laboratories Inc., a Pennsylvania corporation
(the “Company”), and Stuart A. Williams (the “Executive”), is made as of
April 3, 2006.
          WHEREAS, the Company and the Executive are parties to that certain
Retirement Benefit Agreement dated as of December 31, 2004 (the “Agreement”);
          WHEREAS, the Company and the Executive wish to amend the Agreement,
effective as of April 1, 2006, as set forth below;
          NOW, THEREFORE, for good and valuable consideration, the receipt and
adequacy of which are hereby acknowledged, the parties hereto, intending to be
legally bound, agree as follows:

  1.   Section I(h) of the Agreement is hereby deleted and replaced in its
entirety to read as follows:

““NPV” shall mean the sum of the present value at any given time of the monthly
benefits to be paid, using a discount rate equal to the long-term applicable
federal rate then in effect (determined under Section 1274(d) of the Code),
compounded semiannually. For purposes of determining NPV of Executive’s
Retirement Benefit (or Partial Retirement Benefit) where Executive Retires prior
to attaining age 55, it shall be assumed that Executive’s Retirement Benefit (or
Partial Retirement Benefit) would have commenced at the date on which Executive
would have attained age 55 and the NPV of such Retirement Benefit (or Partial
Retirement Benefit) shall equal the present value of such Benefit at age 55
discounted back to the Executive’s actual age at Retirement using the rate
prescribed in the preceding sentence. Executive’s age for purposes of this
Agreement shall be Executive’s age at his nearest birthday.”

  2.   Section 2.1 is hereby deleted and replaced in its entirety to read as
follows:

“Upon his Retirement from the Company after completion of at least ten or more
continuous years of service (the “Full Vesting Date”), Executive shall receive
the NPV of an annual retirement benefit equal to one hundred and fifty thousand
dollars ($150,000) for a period of fifteen (15) years (the “Retirement
Benefit”), paid in accordance with Section 2.6 of this Agreement; provided,
however, that if Executive Retires on or after the completion of at least five
years of continuous service and prior to the Full Vesting Date, Executive shall
be entitled to receive the NPV of a portion of the Retirement Benefit determined
as follows (“Partial Retirement Benefit”) and paid in accordance with
Section 2.6 of this Agreement:
     (a) If such termination occurs on or after five years of continuous service
but prior to six years of continuous service, 50% of the Retirement Benefit;

 

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     (b) If such termination occurs on or after six years of continuous service
but prior to seven years of continuous service, 60% of the Retirement Benefit;
     (c) If such termination occurs on or after seven years of continuous
service but prior to eight years of continuous service, 70% of the Retirement
Benefit;
     (d) If such termination occurs on or eight years of continuous service but
prior to nine years of continuous service, 80% of the Retirement Benefit;
     (e) If such termination occurs on or after nine years of continuous service
but prior to the Full Vesting Date, 90% of the Retirement Benefit;
In computing years of service for purposes of this Section 2.1, a period of at
least six full months of employment and less than one year shall be deemed to be
one full year, and a period of less than six full months shall be deemed to be
zero years. If Executive Retires in connection with a Termination without Cause
or a Termination for Good Reason (pursuant to the Executive Employment Agreement
entered into by and between the Company and Executive effective as of July 1,
2004, as amended April 3, 2006 (the “Employment Agreement”)) (other than in the
event the Executive’s employment is terminated (i) by reason of disability or
(ii) by reason of the non-extension or non-renewal of the Employment Agreement),
then Executive shall be credited with additional years of service for purposes
of vesting under this Section 2.1 equal to the relevant multiplier applied for
purposes of computing such severance benefits.”

  3.   Section 2.6 of the Agreement shall be deleted and replaced in its
entirety with the following:

“Within ten (10) days following Executive’s Retirement, Executive’s Retirement
Benefit or Partial Retirement Benefit, as the case may be, shall be paid to
Executive in a lump sum payment equal to the NPV of the Retirement Benefit or
Partial Retirement Benefit, as the case may be. Notwithstanding the above, if
required by Section 409A of the Code to avoid the imposition of additional
taxes, such payment shall be made on the date that is six (6) months following
the date of such Retirement.”

  4.   This Amendment shall be governed by, interpreted under and construed in
accordance with the laws of the Commonwealth of Pennsylvania.     5.   This
Amendment may be executed in counterparts, each of which shall be an original
and all of which shall constitute the same document.     6.   Except as modified
by this Amendment, the Agreement is hereby confirmed in all respects.

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          IN WITNESS WHEREOF, this Amendment has been duly executed and
delivered as of the date and the year first written above.

                  MYLAN LABORATORIES INC.
 
               
By: 
/s/ Robert J. Coury    
 
              Name: Robert J. Coury     Title: Vice Chairman and CEO
 
                EXECUTIVE
 
                  /s/ Stuart A. Williams          
 
Stuart A. Williams  

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