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Exhibit 10(ap)    
  

January
8, 2001 

 
  AMENDMENT NUMBER ONE
  TO THE
  MAGELLAN HEALTH SERVICES, INC. 2000
  EMPLOYEE STOCK PURCHASE PLAN    
  

        Pursuant to the powers of amendment reserved in Section 18 of the Magellan Health Services, Inc. 2000 Employee Stock Purchase Plan (the "Plan"),
Magellan Health Services, Inc. hereby amends the Plan as follows: 

1.  

        Section 12 of the Plan hereby is amended by deleting the second sentence thereof in its entirety and by substituting the following therefor: 

        "The
maximum number of shares that shall be made available for sale under the Plan shall be 1,500,000 shares, and the maximum number of shares available for sale in each Offering Period
shall be determined by the Committee in its sole discretion, subject in each case to adjustment upon changes in capitalization of the Company as provided in Section 17." 

2.  

        This Amendment Number One shall be effective as of April 1, 2001. 

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Exhibit 10(ap)

AMENDMENT NUMBER ONE TO THE MAGELLAN HEALTH SERVICES, INC. 2000 EMPLOYEE STOCK PURCHASE PLANQuickLinks
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Exhibit 10(aq)    
  

 
  FIRST AMENDMENT
  TO THE
  EMPLOYMENT AGREEMENT
  BETWEEN
  DANIEL S. MESSINA
  AND MAGELLAN HEALTH SERVICES, INC.    
  

        THIS FIRST AMENDMENT TO THE EMPLOYMENT AGREEMENT ("Agreement"), dated June 18, 2001, is entered into on
this 9th day of May 2002, by and between DANIEL S. MESSINA ("Officer") and MAGELLAN HEALTH
SERVICES, INC. ("Employer"). 

        WHEREAS, Employer promoted Officer to Chief Executive Officer, effective October 1, 2001; and 

        WHEREAS, Officer and Employer desire to amend the Agreement for purposes of, among other things, documenting the terms of Officer's
employment as Employer's Chief Executive Officer. 

        NOW, THEREFORE, in consideration of the mutual covenants contained in this Agreement, the parties agree as follows: 

	1.
	Section 1
of the Agreement is deleted in its entirety and replaced with the following language:

	1.
	Employment. Employer agrees to employ Officer, and Officer accepts such employment in accordance with the terms of this Agreement, for a
term of three years commencing as of April 1, 2001 and ending, unless terminated earlier in accordance with the provisions of this Agreement, on March 31, 2004. Thereafter, this
Agreement shall automatically renew for twelve (12) month periods, unless sooner terminated as provided herein. If either party desires not to renew the Agreement, they must provide the other
party with written notice of their intent not to renew the Agreement at least ninety days prior to the next renewal date. Employer's notice of intent not to renew the Agreement shall be deemed to be a
termination without cause and the provisions of Section 6(b)(iii) shall apply. 

	2.
	Section 2
of the Agreement is deleted in its entirety and replaced with the following language:

	2.
	Position and Duties of Officer. Officer will serve as President and Chief Executive Officer of Employer and, subject to election by
Employer's shareholders, as a member of Employer's Board of Directors (the "Board"). Employer agrees that Officer's duties under this Agreement will be the usual and customary duties of a President
and Chief Executive Officer and, consistent with the foregoing, as are determined from time to time by the Board, and will not be inconsistent with the provisions of the Certificate of Incorporation
of Employer or applicable law. 

	3.
	Section 4(b)
is amended to read as follows:

	(b)
	Annual Bonus. Officer also will be eligible to receive an annual bonus conditioned upon he and/or Employer meeting certain goals or
objectives to be established for this purpose by the Board or its Compensation Committee. The target amount for such bonus shall be sixty percent of Officer's base salary and whether to pay an amount
in excess of the target shall be determined by the Board or its Compensation Committee as needed. 

	4.
	Section 6(b)
is modified to add a new subsection (iii) to read as follows:

	(iii)
	Non-Renewal of Agreement by Employer. If Employer does not renew this Agreement, Employer
will continue to pay Officer his base salary in effect as of the date this Agreement terminates, for a period of two years following the effective date of such termination. The continued salary
payments shall be made less taxes and other normal withholdings in accordance with Employer's normal payroll procedures. 

	5.
	Sections
6(b)(iii) and 6(b)(iv) are renumbered to read 6(b)(iv) and 6(b)(v). 

	6.
	Section 6(c)(v) is
deleted and the last paragraph in Section 6(c) is modified to delete the following language "(other than a termination pursuant to
Section 6(c)(5))."

	7.
	Except
as modified by this First Amendment, all terms and conditions of the agreement other than those as outlined above, will remain in full force. 

        IN WITNESS WHEREOF, the parties have executed this First Amendment under their respective hands and seals as of the day and year first
above written. 

	OFFICER	 	MAGELLAN HEALTH SERVICES, INC.
	

Daniel S. Messina	 	By:	    
 Henry T. Harbin, M.D.
 Chairman of the Board

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Exhibit 10(aq)

FIRST AMENDMENT TO THE EMPLOYMENT AGREEMENT BETWEEN DANIEL S. MESSINA AND MAGELLAN HEALTH SERVICES, INC.QuickLinks
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Exhibit 10(ar)    
  

PERSONAL AND CONFIDENTIAL  

October 31,
2002 

Daniel
S. Messina

545 Highland Street

Wethersfield, CT 06109 

Re: Severance Agreement  

Dear
Dan: 

        As
you know, we have discussed the termination of your employment with Magellan Health Services, Inc. ("Magellan"), effective November 30, 2002. Set forth below are the
details of your separation and information regarding your benefits. 

	1.
	Your
employment with Magellan will terminate on November 30, 2002 ("Termination Date"). Provided that your employment is not terminated for cause prior to the Termination Date,
Magellan will pay you a lump sum payment equal to thirteen months of your current annual salary. This payment will be made on December 1, 2002. In addition, you will be paid your accrued and
unused PTO pay. If you die before Magellan has made all of these payments, Magellan shall make these payments to your estate.

	2.
	In
addition to the payments set forth above, Magellan will reimburse you for the cost of leasing your current apartment in Columbia, Maryland for the months of November and
December 2002. Magellan will also reimburse your moving expenses from Columbia, Maryland to Connecticut, up to a maximum of $5,000.

	3.
	The
following benefits will terminate upon the end of the month in which your termination occurs:

	(i)
	health
insurance;

	(ii)
	dental
insurance;

	(iii)
	vision
insurance;

	(iv)
	Group
Universal life insurance;

	(v)
	dependent
life insurance;

	(vi)
	accidental
death and dismemberment. 

        COBRA
coverage may be elected to continue your health, dental, and vision insurance. If you elect COBRA coverage, you pay the previous contribution rate for such coverage during the
12 months following the Termination Date. 

	4.
	The
following benefits will cease as of your Termination Date:

	(i)
	participation
in Magellan's 401(k) Plan;

	(ii)
	participation
in Flexible Spending Accounts ("FSAs"), although you may continue to receive reimbursement from your FSA balances for expenses incurred
prior to your Termination Date by submitting the appropriate invoices and receipts up to sixty (60) days past the date of the Termination Date. In the alternative, you may elect, under COBRA,
to continue a Health Care FSA through the
end of the current calendar year. Any contributions made to the Health Care FSA after your Termination Date must be made with after-tax dollars.

	(iii)
	short
term and long term disability coverage;

	(iv)
	PTO
accrual; 

	(v)
	Employer
paid portion of life insurance;

	(vi)
	Participation
in Magellan's Employee Stock Purchase plan. Any contributions you made to the stock purchase plan prior to the Termination Date will be
refunded unless such date occurs during the calendar month in which the last day of the offering period occurs. In that case, your payroll deductions will be used to purchase shares on the last day of
the offering period. 

	5.
	Any
stock option or other stock-based compensation plan will be governed by the terms of such plans (and any related stock option or similar agreements) and the portion or portions, of
any bonus or other cash incentive compensation relating to you that may have been accrued on Magellan's books through the date of termination will be paid to you in accordance with the applicable
plan.

	6.
	Magellan
agrees to release you from any and all claims or demands that it may presently have known or unknown against you. Further, Magellan covenants not to sue or bring any legal or
administrative claim against you, presently known or unknown, which it may presently have against you.

	7.
	The
compensation and benefits that Magellan is offering to you, as outlined above, are in excess of the compensation and/or benefits that you would normally receive upon separation
from Magellan. In return for this additional compensation and benefits, you agree as follows:

	a.
	Except
as expressly provided below, you agree to release Magellan, its directors, officers, agents, employees, parent corporation, corporate affiliates and successors from any and all
claims or demands that you may presently have known or unknown against them. This includes, but is not limited to, claims under Title VII of the Civil Rights Act of 1964, as amended; the Vocational
Rehabilitation Act of 1973; the Americans with Disabilities Act of 1990; the Older Workers Benefit Protection Act of 1990 and all other federal, state and local laws. Magellan, its directors,
officers, agents, employees, parent, and corporate affiliates expressly deny that they have any liability to you, and this agreement should
not be construed as an admission of such liability. You are advised to consult with an attorney before signing this agreement. The parties acknowledge and agree that nothing herein shall be construed
to waive or release any right or claim you may have pursuant to: (i) any 401K or other retirement or benefit plan which you were vested in; (ii) to any disability benefits claimed by you
on or prior to the Termination Date; (iii) enforcement of any provision contained in your Employment Agreement dated as of June 18, 2001 ("Employment Agreement"), which arose on or
before the Termination Date, or under this Agreement; (iv) for any workers compensation benefits for injuries sustained by you on or before the Termination Date; (v) pursuant to any
option to purchase shares of Magellan stock which has been granted to you, and or (vi) any claims for indemnification for actions taken as an officer, director or employee of Magellan pursuant
to any indemnification provisions contained in any agreement between you and Magellan, pursuant to the charter documents or bylaws of Magellan, or pursuant to pursuant to common law.

	b.
	You
also agree to waive and relinquish all rights and benefits afforded under any applicable federal, state or local law which provides in substance that a release shall not extend to
claims or injuries which are unknown or unsuspected to exist at the time the release is executed.

	c.
	Nothing
in this letter shall be construed to mean that you are prevented or prohibited from seeking unemployment benefits. 

	8.
	You
agree that you will not express yourself or act in any manner, which would be detrimental to the best interests of Magellan. You agree that, except as may be required by law, you
will not make negative reference to the character, quality or propriety of Magellan's personnel or business operations.

	9.
	Magellan
agrees not to make disparaging remarks concerning you to any individual and/or entity. Magellan corporate policy requires that all job references regarding current or former
employees 

of
Magellan be directed to its Human Resources department. The only job references provided to prospective employers, or any other third parties regarding former employees are limited to the
employee's dates of employment and position(s). Any agent or employee of Magellan who provides a job reference that is not limited to the employee's dates of employment and position(s) does so in his
or her individual capacity and is acting outside the scope of his or her authority and responsibilities. 

	10.
	The
Employment Agreement and the provisions included in this letter constitute the entire agreement between yourself and Magellan and supersede any other existing agreement(s) between
yourself and Magellan, which include current and former parent, affiliate and subsidiary companies or organizations related to such entities. No other subsequent agreement shall have any force or
effect unless it is reduced to writing and signed by both parties. Please remember that you have continuing obligations to Magellan pursuant to Sections 8, 9 and 10 of the Employment Agreement. With
respect to Section 8(b), however, the non-competition obligation will terminate 13 months following the Termination Date.

	11.
	You
will have twenty-one (21) days from the date of this agreement in which to review this proposed agreement. You may return it sooner if you would like. After you
sign this agreement, you will have seven (7) days in which to revoke it in writing, in which case you will not be entitled to receive any severance pay and other benefits. 

We
wish you well in your future endeavors. 

Sincerely,

Henry
T. Harbin, M.D.

Chairman of the Board 

I AGREE THAT I HAVE READ THE RELEASE, HAVE HAD SUFFICIENT TIME TO REVIEW CAREFULLY THE CONTENTS THEREOF, UNDERSTAND THE CONTENTS THEREOF, HAVE BEEN GIVEN THE OPPORTUNITY TO
HAVE IT REVIEWED BY MY OWN COUNSEL, FREELY AND VOLUNTARY ASSENT, TO ALL THE TERMS AND CONDITIONS THEREOF, AND SIGN THE SAME AS MY OWN FREE ACT.

	
 Daniel S. Messina	 
	
	

 

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Exhibit 10(ar)

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