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Exhibit 10.20e

                                    EXHIBIT F

                             PSS WORLD MEDICAL, INC.
                       LEADER'S STOCK OPTION GRANT PROGRAM
                        (as amended through July 1, 2003)

                                    ARTICLE 1
                             BACKGROUND AND PURPOSE

1.01 Purpose. PSS World Medical, Inc. desires to recognize the valuable
     contribution of its leadership employees by providing the Leader's Deferral
     Program, an executive benefit program consisting of (i) the Leader's
     Deferral Plan, under which participants may voluntarily defer compensation,
     which, together with a Company matching contribution on deferrals of up to
     10% of Compensation, will earn a return based on the performance of one or
     more benchmark investments, and (ii) this Leader's Stock Option Grant
     Program, which provides participants in the Leader's Deferral Plan the
     opportunity to purchase Company stock when the growth in the stock value
     exceeds a designated formula amount.

1.02 Employee Stock Option Plan. The Company maintains the PSS World Medical,
     Inc. 1999 Broad-Based Employee Stock Plan, or any successor plan(s) (the
     "Employee Stock Option Plan") under which the Compensation Committee of the
     Board of Directors has the discretion to grant to selected employees of the
     Company options to acquire common stock of the Company. Pursuant to such
     authority under the Employee Stock Option Plan, the Compensation Committee
     established, effective as of July 1, 1999, as a grant program for awards to
     participants in the Leader's Deferral Plan, this Leader's Stock Option
     Grant Program. Options granted pursuant to this program shall be issued
     under, and shall be subject to the terms and conditions of, the Employee
     Stock Option Plan.

                                    ARTICLE 2
                                   DEFINITIONS

2.01 Definitions. Certain terms used herein have defined meanings set forth in
     this Article and which shall govern unless the context in which they are
     used clearly indicates that some other meaning is intended.

     Annual Option Limit. The maximum aggregate number of stock options that may
     be granted in any one Plan Year (beginning with Plan Year 2004) under this
     Leader's Stock Option Grant Program, the Company's ELITe Stock Option Grant
     Program and the Company's Officers Stock Option Grant Program
     (collectively, the "PSS Deferred Compensation Programs") shall be a number
     to be determined

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     by the Committee from time to time (the "Annual Option Limit"). Until
     further changed by the Committee, the Annual Option Limit shall be 250,000.
     To the extent that the aggregate number of options that would otherwise be
     granted under the PSS Deferred Compensation Programs in any such Plan Year
     exceeds the Annual Option Limit, a prorata reduction shall be made in the
     option grants to each participant in the PSS Deferred Compensation Programs
     for such Plan Year. Such prorata reduction in the number of options for
     each participant shall be calculated by multiplying (i) the number of
     options that such participant would have earned in that Plan Year without
     regard for the Annual Option Limit, by (ii) a fraction, the numerator of
     which is the Annual Option Limit, and the denominator of which is the
     aggregate number of options that would have been earned by all participants
     under the PSS Deferred Compensation Programs for that Plan Year without
     regard for the Annual Option Limit, and (iii) rounding the resulting number
     to the next lowest whole number of shares.

     Beneficiary. Any person or persons designated by a Participant, in
     accordance with procedures established by the Committee or Program
     Administrator, to receive benefits hereunder in the event of the
     Participant's death. If any Participant shall fail to designate a
     Beneficiary or shall designate a Beneficiary who shall fail to survive the
     Participant, the Beneficiary shall be the Participant's surviving spouse,
     or, if none, the Participant's surviving descendants (who shall take per
     stirpes) and if there are no surviving descendants, the Beneficiary shall
     be the Participant's estate.

     Board. The Board of Directors of the Company.

     Company Matching Contribution. The matching contributions made by the
     Company to Participants' Deferral Accounts in accordance with the Deferred
     Compensation Plan.

     Committee. The committee of the Board described in Article 3.

     Company. PSS World Medical, Inc. and its corporate successors.

     Compensation. The total salary, commissions and cash bonus payable by the
     Company in the relevant Plan Year to a Participant for services to the
     Company or any of its affiliates, as such amount may be changed from time
     to time.

     Deferral Accounts. A Participant's deferral accounts under the Deferred
     Compensation Plan.

     Deferred Compensation Plan. The PSS World Medical, Inc. Leader's Deferral
     Plan, as amended from time to time.

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     Designated Interest Rate. A rate to be determined annually by the Board,
     but which shall not be less than the 90 day U.S. Treasury Bill rate in
     effect on the first date of the Plan Year. Until changed by the Board, the
     Designated Interest Rate shall be 5.13%.

     Disability. A Disability as defined in the Employee Stock Option Plan.

     Effective Date. July 1, 1999.

     Employee Stock Option Plan. The PSS World Medical, Inc. 1999 Broad-Based
     Employee Stock Plan, as amended from time to time, or any successor plan(s)
     under which stock options may be granted to employees of the Company or its
     affiliates.

     Fair Market Value. The Fair Market Value of a share of Stock, as defined in
     the applicable Employee Stock Option Plan under which an Option is granted.

     Leader. Any non-officer employee of the Company or its subsidiaries who has
     been designated a Sales Leader, Operational Leader, General Leader or
     Corporate Department Leader and who is eligible to participate in the
     Deferred Compensation Plan.

     Normal Retirement. Termination of Employment after age 65, or after age 55
     with ten years of prior service with the Company or any of its affiliates.

     Option. A right granted to a Participant pursuant to the Option Grant
     Program to purchase Stock at a specified price during specified time
     periods. Options granted pursuant to the Option Grant Program are granted
     under, and pursuant to the terms and conditions of, the applicable Employee
     Stock Option Plan.

     Option Agreement. Any written agreement, contract, or other instrument or
     document evidencing an Option.

     Option Grant Program. The PSS World Medical, Inc. Leader's Stock Option
     Grant Program as set forth in this document, together with any subsequent
     amendments hereto.

     Participant. Any Leader who has been granted an Option pursuant to the
     Option Grant Program.

     Plan Year. A Plan Year under the Leader's Deferral Plan, which currently is
     the twelve-month period from July 1 of each year though June 30 of the
     following calendar year.

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     Program Administrator. The Committee or its delegee of administrative
     duties under the Option Grant Program pursuant to Section 3.02.

     Stock. The $0.01 par value common stock of the Company and such other
     securities of the Company as may be substituted for Stock pursuant to the
     Employee Stock Option Plan.

     Termination of Employment. A Termination of Employment occurs when a
     Participant ceases for any reason to be an employee of the Company or any
     of its affiliates.

                                    ARTICLE 3
                   ADMINISTRATION OF THE OPTION GRANT PROGRAM

3.01 Administration. The Option Grant Program shall be administered by the
     Committee that administers the Employee Stock Option Plan.

3.02 Authority of Committee. The Committee shall have the powers and authority
     set forth in the Employee Stock Option Plan, including, without limitation,
     full power and authority to: (i) interpret and construe the Option Grant
     Program and adopt such rules and regulations as it shall deem necessary and
     advisable to implement and administer the Option Grant Program, (ii) decide
     all matters that must be determined in connection with an Option
     (consistent with the provisions of the Employee Stock Option Plan), and
     (iii) do all things necessary to operate and administer the Option Grant
     Program in accordance with its provisions. The Committee may delegate
     administrative duties under the Option Grant Program to one or more agents
     as it shall deem necessary or advisable. Unless and until revoked by the
     Committee, the Committee hereby designates the Plan Administrator of the
     Deferred Compensation Plan to serve as the Program Administrator to perform
     the Committee's administrative duties under the Option Grant Program.

3.03 Effect of Committee Determinations. No member of the Committee or the Board
     or the Program Administrator shall be personally liable for any action or
     determination made in good faith with respect to the Option Grant Program
     or to any settlement of any dispute between a Participant and the Company.
     Any decision or action taken by the Committee or the Board with respect to
     the administration or interpretation of the Option Grant Program shall be
     conclusive and binding upon all persons.

                                    ARTICLE 4
                                   ELIGIBILITY

4.01 Eligibility. Options may be granted pursuant to the Option Grant Program
     only to individuals who are Leaders on the date of grant.

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                                    ARTICLE 5
                                  STOCK OPTIONS

5.01 General. The Committee shall grant Options to Leaders on the following
     terms and conditions:

     (a)  Automatic Grant of Options. Subject to the availability of shares
          under the Employee Stock Option Plan, and subject to the Annual Option
          Limit for Plan Years 2004 and later, on the first day of each Plan
          Year (July 1, 1999 for the first Plan Year), each Leader who elected
          to make a deferral into any of his or her Deferral Accounts for such
          Plan Year, shall be granted an Option to purchase that number of
          shares of Stock (rounded up to the nearest whole share) equal to the
          quotient of (i) the amount elected to be deferred (up to 10% of
          Compensation) by the Participant for such Plan Year under the Deferred
          Compensation Plan, divided by (ii) the Fair Market Value as of such
          date. For example, if on July 1, 2003 a Participant's deferral into
          his or her Deferral Accounts for Plan Year 2004 eligible for a Company
          Matching Contribution was $1,500 (annualized based on the
          Participant's rate of Compensation as in effect on July 1, 2003), and
          the Fair Market Value on July 1, 2003 was $20.00, then, the
          Participant would be granted on July 1, 2003 an Option to purchase 75
          shares of Stock ($1,500 / $20).

     (b)  Exercise Price. The exercise price per share under an Option shall be
          the amount (rounded up to the nearest cent) which is the product of
          (i) the Fair Market Value on the date of grant, times (ii) one plus
          the Designated Interest Rate then in effect, compounded annually over
          four years. For example, if the Fair Market Value on the date of grant
          of an Option is $8.00 and the Designated Interest Rate as of that date
          is 5.13%, the exercise price of the Option would be $8.00 x 1.0513/4/,
          or $9.78.

     (c)  Time and Conditions of Exercise. Options granted to a Participant
          pursuant to the Option Grant Program (regardless of when granted)
          shall become vested cumulatively at the rate of 20% of the shares
          covered by such Option on the fourth, fifth, sixth, seventh and eighth
          anniversaries of the date the Participant first made a deferral under
          the Deferred Compensation Plan. For example, if a Participant first
          made a deferral under the Deferred Compensation Plan with respect to
          any part of Plan Year 2003, he or she will become vested in all
          Options granted hereunder, based on the 4/th/ to 8/th/ anniversaries
          of the first day of such 2003 Plan Year, which is July 1, 2002 (i.e.,
          all Options granted to such Participant, whenever made, will be 20%
          vested on July 1, 2006, 40% vested on July 1, 2007, and so on.)
          Notwithstanding the above, an Option granted to a Participant pursuant
          to the Option Grant Program shall become vested and

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          exercisable in full (i) upon the death or Disability of the
          Participant, (ii) upon such date as a successor to the Company
          terminates the Deferred Compensation Plan, or (iii) if within 24
          months after a Change in Control (as defined in the Deferred
          Compensation Plan), a successor to the Company terminates the
          employment of the Participant without cause or the Participant resigns
          for Good Reason, as defined in the Participant's Employment Agreement,
          if any, with the Company. The Options shall not automatically vest
          upon the occurrence of a Change in Control.

     (d)  Payment. Payment of the exercise price of an Option may be paid in
          such manner as may be permitted under the Employee Stock Option Plan.

     (e)  Evidence of Grant. All Options shall be evidenced by a written Option
          Agreement between the Company and the Participant. The Option
          Agreement shall include such provisions, consistent with the Employee
          Stock Option Plan, as may be specified by the Committee.

     (f)  Lapse of Option. An Option shall lapse under the earliest of the
          following circumstances:

               (1)  The Option shall lapse as of the day following the tenth
          anniversary of the date of grant.

               (2)  If the Participant terminates employment by reason of
          his Normal Retirement or for any reason other than as provided in
          paragraph (3) or (4) below, the Option shall lapse, unless it is
          previously exercised, two years after the Participant's Termination of
          Employment.

               (3)  If the Participant terminates employment by reason of
          his Disability, the Option shall lapse, unless it is previously
          exercised, 12 months after the Participant's Termination of
          Employment.

               (4)  If the Participant dies while employed, or during the
          two-year period described in paragraph (2) or during the 12-month
          period described in paragraph (3) and before the Option otherwise
          lapses, the Option shall lapse 12 months after the Participant's
          death. Upon the Participant's death, any exercisable Options may be
          exercised by the Participant's Beneficiary.

          Unless the exercisability of the Option is accelerated as provided
          herein or in the Employee Stock Option Plan, if a Participant
          exercises an Option after Termination of Employment, the Option may be
          exercised only with respect to the shares that were otherwise vested
          on the Participant's Termination of Employment.

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                                    ARTICLE 6
                     OTHER PROVISIONS APPLICABLE TO OPTIONS

6.01 Beneficiaries. A Participant may, in the manner determined by the
     Committee, designate a Beneficiary to exercise the rights of the
     Participant and to receive any distribution with respect to any Option upon
     the Participant's death. A Beneficiary, legal guardian, legal
     representative, or other person claiming any rights under the Option Grant
     Program is subject to all terms and conditions of the Option Grant Program,
     the Employee Stock Option Plan and any Option Agreement applicable to the
     Participant, except to the extent the Option Grant Program, the Employee
     Stock Option Plan and the Option Agreement otherwise provide, and to any
     additional restrictions deemed necessary or appropriate by the Committee.
     Subject to the foregoing, a Beneficiary designation may be changed or
     revoked by a Participant at any time provided the change or revocation is
     filed with the Committee.

6.02 Stock Certificates. All Stock certificates delivered pursuant to the Option
     Grant Program are subject to any stop-transfer orders and other
     restrictions as the Committee deems necessary or advisable to comply with
     federal or state securities laws, rules and regulations and the rules of
     any national securities exchange or automated quotation system on which the
     Stock is listed, quoted, or traded. The Committee may place legends on any
     Stock certificate to reference restrictions applicable to the Stock.

                                    ARTICLE 7
                     AMENDMENT, MODIFICATION AND TERMINATION

7.01 Amendment, Modification and Termination. The Committee may, at any time and
     from time to time, amend, modify or terminate the Option Grant Program.

7.02 Awards Previously Granted. At any time and from time to time, the Committee
     may amend, modify or terminate any outstanding Option without approval of
     the Participant; provided, however, that such amendment, modification or
     termination shall not, without the Participant's consent, reduce or
     diminish the value of such Option determined as if the Option had been
     exercised on the date of such amendment or termination. No termination,
     amendment, or modification of the Option Grant Program shall, without the
     written consent of the Participant, adversely affect any Option previously
     granted.

                                    ARTICLE 8
                                  MISCELLANEOUS

8.01 No Implied Rights. Nothing contained in the Option Grant Program shall be
     deemed to give any Leader the right to continue in such status or to remain
     as an employee of the Company.

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8.02 Spendthrift Clause. None of the rights or benefits under the Option Grant
     Program shall be subject to the claim of any creditor of any Participant or
     Beneficiary, or to any legal process by any creditor of such Participant or
     Beneficiary, and none of them shall have any right to alienate, commute,
     anticipate or assign any of the rights or benefits under the Option Grant
     Program except to the extent expressly provided herein to the contrary.

8.03 Relationship to Other Benefits. No benefit under the Option Grant Program
     shall be taken into account in determining any benefits under any pension,
     retirement, savings, profit sharing, group insurance, welfare or benefit
     plan of the Company or its affiliates unless provided otherwise in such
     other plan.

8.04 Expenses. The expenses of administering the Option Grant Program shall be
     borne by the Company.

8.05 Titles and Headings. The headings and sub-headings in the Option Grant
     Program have been inserted for convenience of reference only and are to be
     ignored in any construction of the provisions hereof.

8.06 Gender and Number. Except where otherwise indicated by the context, any
     masculine term used herein also shall include the feminine; the plural
     shall include the singular and the singular shall include the plural.

8.07 Fractional Shares. No fractional shares of Stock shall be issued and the
     Committee shall determine, in its discretion, whether cash shall be given
     in lieu of fractional shares or whether such fractional shares shall be
     eliminated by rounding up.

8.08 Effective Date. The Option Grant Program became effective as of July 1,
     1999, and was amended and restated as of July 1, 2000, April 1, 2002, and
     July 1, 2003.

     The foregoing is hereby acknowledged as being the PSS World Medical, Inc.
     Leader's Stock Option Grant Program as adopted by the Compensation
     Committee of the Board of Directors of the Company effective as of July 1,
     1999, and amended as of July 1, 2000, April 1, 2002, and July 1, 2003.

                                          PSS WORLD MEDICAL, INC.


                                          By:        /s/ David A. Smith
                                             ---------------------------------
                                                        David A. Smith
                                                       President and CEO

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