December 1, 2004
        


        Mr. Russel J. Corvese
        

        c/o Scrip Pharmacy, Inc.
        

        2791 Charter Street
        

        Columbus, Ohio 43228
        


                  
        Re:  Amendment to Employment Letter Agreement
        


        Dear Russ:
        


                  
        Reference is made to that certain Employment Letter Agreement entered into as of October 15, 2001,
        by and between MIM Corporation, a Delaware corporation (the "Company") and yourself ("Employee"),
        as amended to date (the "Agreement").  This letter shall serve to amend the Agreement, effective as
        of the date hereof, on the following terms and conditions:
        





	
             1.   
	
        Capitalized terms used herein and not defined herein shall have the meanings given to those terms in
        the Agreement.
        




	
             2.   
	
        Section 1 of the Employment Agreement is deleted in its entirety and substituted in lieu thereof
        shall be the following:  "1.  POSITION AND DUTIES:       Vice President - Operations
        of Scrip Solutions, Inc.  You will report to the Company's Chief Executive Officer or its Chief
        Operating Officer and shall have such day to day responsibilities as shall be assigned to you by
        either of them or Executive Management generally, in any event subject to the authority of the Board
        of Directors.  Subject to the terms and conditions of this Agreement, you acknowledge and understand
        that you are an employee at will."
        




	
             2.   
	
        Section 7 of the Employment Agreement is hereby deleted in its entirety and substituted in lieu
        thereof shall be the following:
        


         "SECTION 7.  Termination; Severance..
        


        If you are terminated by the Company (or any successor) other than for "Cause" (as defined below) or
        you terminate your employment with the Company (or any successor) for "Good Reason" (as defined
        below), (i) you will be entitled to receive severance payments equal to one year of salary at your
        then current salary level, payable in accordance with the Company's then applicable payroll practices
        and subject to all applicable federal, state and local withholding; (ii) all outstanding unvested
        options granted to you and held by you at the time of termination shall vest and become immediately
        exercisable and shall otherwise be exercisable in accordance with their terms and (iii) all
        Performance Shares held by you shall vest and become immediately transferable free of any
        restrictions on transferability (other than restrictions on transfer imposed under Federal and state
        securities laws) by you and all other restrictions imposed thereon shall cease other than those
        restrictions,














	

        Mr. Russel J. Corvese
        

        December 1, 2004
        

        Page 2 of 3







	
	
                  
	
        limitations and/or obligations set forth in the grant document that expressly survive the termination
        of your employment with the Company or any successor entity, as the case may be.  If your employment
        with the Company is terminated for any reason whatsoever, whether by you or the Company, the Company
        would not be liable for, or obligated to pay you any bonus compensation or any other compensation
        contemplated hereby not already paid or not already accrued at the date of such termination, and no
        other benefits shall accrue or vest subsequent to such date.
        




        For purposes of this Agreement, "Cause" shall mean any of the following:  (1) commission by you of
        criminal conduct which involves moral turpitude; (2) acts which constitute fraud or self-dealing by or
        on the part of you against the Company, including, without limitation, misappropriation or
        embezzlement; (3) your willful engagement in conduct which is materially injurious to the Company; or
        (4) your gross misconduct in the performance of duties as an employee of the Company, including,
        without limitation, failure to obey lawful written instructions of the Board of Directors of the
        Company, any committee thereof or the Chief Executive Officer of the Company or failure to correct
        any conduct which constitutes a breach of this agreement between you and the Company or of any written
        policy promulgated by the Board of Directors of the Company, any committee thereof or the Chief
        Executive Officer of the Company, in either case after not less than ten days' notice in writing to
        you of the Company's intention to terminate you if such failure is not corrected within the specified
        period (or after such shorter notice period if the Company in good faith deems such shorter notice
        period to be necessary due to the possibility of material injury to the Company).
        


         For purposes of this Agreement, "Good Reason" shall mean the existence of any one or more of the
        following conditions that shall continue for more than 30 days following written notice thereof by
        the Employee to the Company: (i) the assignment to the Employee of duties materially inconsistent
        with the Employee's position or positions with the Company, (ii) the reduction of your then current
        annual salary rate, without your consent (iii) the relocation of your principal location of
        employment more than 50 miles from your current location without your consent; or (iv) if you shall
        no longer report to the Chief Executive Officer or Chief Operating Officer."
        




	
             4.   
	
        Except as modified hereby, the Agreement shall remain unmodified and in full force and effect.
        




	
             5.   
	
        This letter amendment shall be construed in accordance with, and its interpretation shall otherwise
        be governed by, the laws of the State of New York, without giving effect to otherwise applicable
        principles of conflicts of law.














	

        Mr. Russel J. Corvese
        

        December 1, 2004
        

        Page 3 of 3







	
        


                  
        Kindly signify your agreement to the foregoing by signing below and forward an executed copy to me
        for our files.
        


        Sincerely,
        


        MIM Corporation
        



        By: /s/ Barry A. Posner
                  
                  
                  
                  
                  
        

              
        Barry A. Posner, Executive Vice President
        


        


        Agreed and Accepted as of
        

        the 1st day of December, 2004:
        


        /s/ Russel J. Corvese
                  
                  
                  
                  
        

        Russel J. Corvese