Document:

Exhibit 10.62

                          THE MIIX GROUP, INCORPORATED
                 AND NEW JERSEY STATE MEDICAL UNDERWRITERS, INC.
                        EMPLOYEE RETENTION INCENTIVE PLAN

1.   PURPOSE

     The MIIX Group, Incorporated's (the "Company") financial performance was
     adversely affected during FY 2001 due to unprecedented and unexpected
     losses. While individual performance of many of the staff and executives
     during the year was very good, and would normally merit an annual cash
     bonus, the Company has chosen not to pay such bonuses. Additionally, there
     is no assurance that the annual cash bonus will be paid over the next
     several years as the Company seeks to restructure its operations.

     In light of the current conditions, it is the desire of the Board to
     recognize and retain key employees and to cause them to remain committed to
     the Company. The purpose of this Employee Retention Incentive Plan ("the
     Plan") is to encourage eligible employees of the Company and New Jersey
     State Medical Underwriters, Inc. ("NJSMU") to continue their employment
     with the Company during the restructuring period. This will be accomplished
     through the establishment of a written policy governing the circumstances
     under which incentive payment ("Retention Incentive Payment") will be made
     available to such employees.

     The Retention Incentive Payment offered pursuant to the terms of this Plan
     is not intended to be in lieu of any other annual performance incentive
     plans or arrangements maintained by the Company or NJSMU as part of its
     general compensation programs or described in any employment contract or
     similar instrument entered into between the Company or NJSMU and an
     employee.

2.   ADMINISTRATION

     (a)  The Plan shall be administered by the Compensation Committee of the
          Board of Directors of the Company (the "Committee"). For purposes
          hereof, the Committee is authorized to designate those eligible
          employees who shall participate in the Plan and to establish the
          amount of Retention Incentive Payment to be granted to each such
          participant.

     (b)  Subject to the express provisions of this Plan, the Committee shall
          have sole authority to interpret the Plan (including any provisions
          determined to be ambiguous) and to make all other determinations
          deemed necessary or advisable for the administration of the Plan. All
          determinations and interpretations of the Committee shall be final,
          binding and conclusive as to all persons.

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3.   ELIGIBILITY AND PARTICIPATION

     (a)  The Compensation Committee shall review the recommendations of the CEO
          and in the Committee's sole discretion select the covered employees
          from the employees of the Company (including officers) who are
          employed on a full-time basis and actively at work as of the Effective
          Date (as defined below) of the Plan. Employees who commence employment
          with the Company subsequent to the Effective Date may be offered
          participation in the Plan, at the sole discretion of the Committee.

     (b)  Each eligible employee who is designated by the Committee as a
          participant in the Plan (a "Covered Employee") shall receive written
          notification of eligibility to participate in the Plan as soon as
          practicable after such designation. Such notification shall include
          the amount of the Retention Incentive Payment and the terms under
          which such incentive will be vested and paid.

     (c)  Senior executives ("Executives") as designated by the Committee are
          eligible to participate in this plan; however, certain of these
          Executives shall have Retention Incentive Payments which they would be
          eligible to receive applied as described in Section 5(e) below.

4.   AMOUNT OF RETENTION INCENTIVE PAYMENT

     (a)  The Plan shall be administered during the 18-month period beginning
          March 5, 2002 and ending September 5, 2003 (the "Retention Cycle").

     (b)  For the Retention Cycle, the Committee shall determine the amount of
          the Retention Incentive Payment to be offered to each Covered Employee
          as a percentage of current base salary. The Retention Incentive
          Payment for the Retention Cycle shall be equal to that percentage of a
          Covered Employee's base salary (excluding shift premiums, overtime,
          incentives, bonuses, or any allowances) at the beginning of the
          Retention Cycle. In determining such percentage, the Committee shall
          be guided by competitive marketplace practices, but may in its
          discretion specify a greater or lesser percentage for any Covered
          Employee. The Covered Employee will be entitled to receive the
          Retention Incentive Payment provided that such Covered Employee is
          vested in the Retention Incentive Payment as of the Payment Date (as
          defined below) of the Retention Cycle.

5.   VESTING & PAYMENT OF RETENTION INCENTIVES

     (a)  A Covered Employee (who is not an Executive with a stock loan
          outstanding) shall vest in his or her Retention Incentive Payment if
          the Covered Employee continues to be a full-time active employee of
          the

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          Company during the entire period beginning on March 5, 2002 and ending
          on each of September 5, 2002, March 5, 2003 and September 5, 2003
          (each a "Vesting Date"). Payments of 1/4 of the retention incentive
          are earned as of September 5, 2002, and March 5, 2003 and a payment
          of1/2of the retention incentive as of September 5, 2003, and paid as
          soon as practicable thereafter. Retention Incentive Payments earned by
          Executives with current stock loans outstanding shall vest on March 5,
          2002 and September 5, 2003, provided they have been continuously
          employed on a full time basis since March 5, 2002. Equal payments
          of1/2of the retention incentive are earned as of March 5, 2002 and
          September 5, 2003, and paid as soon as practicable thereafter. A
          Covered Employee becomes entitled to a Retention Incentive Payment if,
          and only if, the Covered Employee vests in a Retention Incentive
          Payment.

     (b)  In the event (i) of a Change in Control (as defined below); (ii) of an
          infusion of equity into the Company in an amount exceeding $20
          million; (iii) the entry of an order by a court of rehabilitation or
          liquidation of any of the Company's New Jersey insurance subsidiaries;
          (iv) commencement of an involuntary proceeding of bankruptcy or a
          resolution of the Company to make a voluntary bankruptcy filing; and
          the Covered Employee is terminated by the Company without Cause (as
          defined in Section 6), all unvested payments become fully vested and
          payable as of the effective date of the event.

     (c)  Subject to Section 6 below, and unless otherwise agreed to between the
          Company and a Covered Employee, Retention Incentive Payments shall be
          paid to each Covered Employee as a supplemental payment accompanying
          the Covered Employee's pay for the payroll period in which the
          applicable Vesting Date falls, in accordance with the normal payroll
          practices of the Company.

     (d)  "Change in Control" shall mean the occurrence of any of the following
          events:

          1.   the acquisition in one or more transactions by any "Person" (as
               such term is used for purposes of Section 13(d) or Section 14(d)
               of the Securities Exchange Act of 1934, as amended (the "34
               Act")) but excluding, for this purpose, the Company or its
               affiliates or any employee benefit plan of the Company or its
               affiliates, of "Beneficial Ownership" (within the meaning of Rule
               13d-3 the 34 Act) of thirty-five percent (35%) or more of the
               combined voting power of the Company's then outstanding voting
               securities.

          2.   the individuals who, as of the date hereof, constitute the Board
               of Directors of the Company (the "Incumbent Board") cease for any
               reason to constitute at least a majority of the Board; provided,
               however, that if the election, or nomination for election by the

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               Company's shareholders, of any new director was approved by a
               vote of at least a majority of the Incumbent Board, such new
               director shall be considered as a member of the Incumbent Board,
               and provided further that any reductions in the size of the Board
               that are instituted voluntarily by the Incumbent Board shall not
               constitute a Change in Control, and after any such reduction the
               "Incumbent Board" shall mean the Board as so reduced;

          3.   a merger or consolidation involving the Company if the
               shareholders of the Company, immediately before such merger or
               consolidation, do not own, directly or indirectly, immediately
               following such merger or consolidation, more than sixty-five
               percent (65%) of the combined voting power of the outstanding
               voting securities of the corporation resulting from such merger
               or consolidation or a complete liquidation or dissolution of the
               Company or a sale or other disposition of all or substantially
               all of the assets of the Company; or

          4.   the acceptance by the shareholders of the Company of shares in a
               share exchange if the shareholders of the Company, immediately
               before such share exchange, do not own, directly or indirectly,
               immediately following such share exchange, more than sixty-five
               percent (65%) of the combined voting power of the outstanding
               voting securities of the corporation resulting from such share
               exchange.

     (e)  For purposes of Executives with outstanding stock loan balances, all
          Retention Incentive Payments made pursuant to this Plan shall be
          applied first against the Executive's outstanding loan balance with
          the remainder payable to the Executive. The specific provisions
          governing this section are contained in the Stock Loan Repayment
          Agreement dated as of March 5, 2002.

6.   TERMINATION OF EMPLOYMENT

     (a)  In the event a Covered Employee is terminated by the Company without
          Cause (as defined below) and not as the result of a Change in Control
          during the Retention Cycle, the Covered Employee shall be entitled to
          receive a Retention Incentive Payment for the Retention Cycle.

     (b)  In the event a Covered Employee voluntarily terminates employment with
          the Company during a Retention Cycle or gives notice of such voluntary
          termination, or employment is terminated by the Company for Cause,
          such Covered Employee shall not vest in and shall forfeit such
          employee's rights to the unvested and unpaid Retention Incentive
          Payment.

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     (c)  The Company shall have "Cause" to terminate a Covered Employee's
          (other than an employee who has an employment agreement with the
          Company) employment as a result of any of the following: (i) the
          willful engaging by the Employee in conduct which is materially
          injurious to or contrary to the best interests of the Company,
          monetarily or otherwise; (ii) the willful failure by the Employee to
          perform such duties as may be delegated or assigned to the Employee by
          the Chief Executive Officer or such other superior officer of the
          Company; (iii) the willful failure by the Employee to follow the
          directives or instructions of the Chief Executive Officer or such
          other superior officer of the Company; or (iv) the repeated and
          consistent failure of the Employee to be present at work and devote
          his full time best efforts to the performance of his duties; (v) gross
          negligence in the performance of his duties on behalf of the Company;
          (vi) the Employee's conviction of, or plea of no contest to, a felony
          or any crime involving moral turpitude. In the case of a Covered
          Employee who has an employment agreement with the Company, the Company
          shall have "Cause" to terminate such employee as specified in the
          employment agreement.

7.   PLAN FUNDING

     (a)  Except insofar as the Committee may determine otherwise, each Covered
          Employee shall have no right, title, or interest whatsoever in or to
          any investments which the Company may make to aid it in meeting its
          obligations hereunder. Nothing contained in the Plan, and no action
          taken pursuant to its provisions, shall create or be construed to
          create a trust of any kind, or a fiduciary relationship between the
          Company and the Covered Employee or any other person. To the extent
          that any person acquires a right to receive payments from the Company
          under this Plan, such right shall be no greater than the right of an
          unsecured general creditor of the Company. All payments to be made in
          cash hereunder shall be paid from the general funds of the Company and
          no special or separate fund shall be established and no segregation of
          assets shall be made to assure payments of such amounts.

     (b)  The Committee may, in its sole discretion, arrange for the
          establishment of a trust to hold assets to be used to satisfy the
          Company's obligations arising under the Plan, which trust shall
          specify that its corpus may not be applied for any other purpose,
          including the satisfaction of the claims of the Company's creditors.
          If a trust is established and funded for this purpose, assets
          remaining in the trust subsequent to the payment of all benefits due
          to Covered Employees pursuant to the Plan shall be returned to the
          Company.

8.   GENERAL PROVISIONS

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     (a)  With respect to words used in this Plan, the singular form shall
          include the plural form, the masculine gender shall include the
          feminine gender, and vice-versa, as the context shall require.

     (b)  Payments under this Plan shall not constitute salary for the purpose
          of any benefit plan unless otherwise provided for in such plan of the
          Company and shall be paid by the Company from the general assets of
          the Company; provided that no director, officer or employee of the
          Company shall be personally liable in the event the Company is unable
          to make any payments under this Plan due to a lack of, or inability to
          access, funding or financing, legal prohibition (including statutory,
          regulatory or judicial limitations) or failure to obtain any required
          consent.

     (c)  Payments under this Plan are subject to federal, state and local
          income tax withholding and all other applicable federal, state and
          local taxes. The Company shall withhold, or cause to be withheld, from
          any payments made hereunder all applicable federal, state and local
          withholding taxes and may require the employee to file any certificate
          or other form in connection therewith.

     (d)  Nothing contained herein shall give any employee the right to be
          retained in the employment of the Company or any successor, or affect
          the Company's right to dismiss any employee at will.

     (e)  This Plan is not a term or condition of any individual's employment
          and no employee shall have any legal right to payments hereunder
          except to the extent all conditions relating to the receipt of such
          payments have been satisfied in accordance with the terms of this Plan
          as set forth herein.

     (f)  Nothing contained herein shall give an employee any right to any
          employee benefit upon termination of employment with the Company,
          except as required by law or provided by the terms of another employee
          benefit plan document relating to the treatment of former employees
          generally.

     (g)  No person having a benefit under this Plan may assign, transfer or in
          any other way alienate the benefit, nor shall any benefit under this
          Plan be subject to garnishment, attachment, execution or levy of any
          kind.

9.   APPLICABLE LAW

     This Plan and all actions taken under it shall be governed as to validity,
     construction, interpretation and administration by the laws of the State of
     New Jersey (without reference to principles of conflict of law) and
     applicable federal law.

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10.  AMENDMENT OR TERMINATION

     The Board of Directors of the Company may amend, suspend or terminate the
     Plan or any portion thereof at any time; provided, however, that unless the
     written consent of a Covered Employee is obtained, no such amendment or
     termination shall adversely affect the rights of such Covered Employee.

11.  EFFECTIVE DATE

     The MIIX, Incorporated and New Jersey State Medical Underwriters, Inc.
     Employee Retention Incentive Plan became effective on March 5, 2002.

                                     The MIIX Group, Incorporated

                                     By: _______________________

                                     Print Name:_________________

                                     Title:  ______________________

                                     New Jersey State Medical Underwriters, Inc.

                                     By: ________________________

                                     Print Name:  _________________

                                     Title:  ______________________Exhibit 10.75

                              EMPLOYMENT AGREEMENT

     EMPLOYMENT AGREEMENT (this "Agreement"), dated as of December 18, 2002,
among THE MIIX GROUP, INCORPORATED, a Delaware corporation ("MIIX Group"), NEW
JERSEY STATE MEDICAL UNDERWRITERS, INC., a New Jersey corporation
("Underwriter"), each having offices at Two Princess Road, Lawrenceville, New
Jersey (together, the "Company") and JAMES ROYNAN (the "Employee").

                                   WITNESSETH:

     WHEREAS, MIIX Group is the parent company of Underwriter owning all of the
issued and outstanding common stock of Underwriter; and

     WHEREAS, the Company deems it to be in its best interest to secure and
retain for the Company the services of the Employee and the Employee desires to
work for the Company upon the terms and conditions hereinafter set forth;

     NOW, THEREFORE, in consideration of the mutual promises and undertakings
contained herein and intending to be legally bound hereby, the parties hereto
agree, as follows:

     1. Position and Duties. The Employee is engaged hereunder as Senior Vice
President of MIIX Group and agrees to perform the duties and services incident
to that position, or such other or further duties and services of a similar
nature as may be required of him by the Chief Executive Officer or such other
superior officer of MIIX Group. The Employee agrees that, if requested, she
shall serve as an officer of the Company and/or of any affiliate, without
additional compensation. The Employee shall have the power and authority as
shall reasonably be required to enable his to perform his duties under this
Agreement in an efficient manner. The Employee agrees to perform the duties and
responsibilities called for hereunder to the best of his ability and to devote
his full time, energies and skills to such duties and to the promotion of the
business and interests of the Company and any affiliate. The Employee may
participate in charitable and similar activities, may be a director of a company
that does not compete with the Company or any

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affiliate (which shall not include a "competitor" as defined by Section 5.1 of
this Agreement) and may have business interests in passive investments which,
from time to time, may require portions of his time, but such activities shall
be performed in a manner consistent with his obligations hereunder.

     2.   Compensation and Other Benefits.

          2.1. Base Salary. The Company shall pay to the Employee for the
performance of his duties hereunder, a base salary of $150,000 per annum (the
"Base Salary"), payable in accordance with the Company's normal payroll
practices. Thereafter, the amount of the Base Salary may be reviewed and
adjusted as appropriate by the Board of Directors of MIIX Group, taking into
account the recommendation of the Chief Executive Officer or such other superior
officer of MIIX Group, in accordance with executive compensation review
practices.

          2.2. Cash Incentive Plan. The Employee shall be eligible to receive an
annual bonus pursuant to MIIX Group's Cash Incentive Plan, or similar plans
which may be in effect from time to time, at the discretion of the Board of
Directors of MIIX Group, based on the Company's and the Employee's achievement
of goals and objectives established by the Board on an annual basis. The Board
shall use its reasonable judgment in determining whether such goals and
objectives have been met and the amount, if any, of the bonus to be paid to the
Employee. It is anticipated that any bonus will be paid on or before March 31 of
the succeeding year.

          2.3. Amended and Restated 1998 Long Term Incentive Equity Plan. The
Employee shall be entitled to participate in MIIX Group's Amended and Restated
1998 Long Term Incentive Equity Plan (the "Long Term Incentive Equity Plan"), or
similar plans which may be in effect from time to time for executives of the
Company. Any awards to the Employee under the Long Term Incentive Equity Plan
shall be at the sole discretion of the Board of Directors of MIIX Group and
shall be based on the achievement of performance goals established by the Board.
The Employee shall be entitled to receive dividend equivalents on option shares
under Stock Options granted to the Employee pursuant to the

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Long Term Incentive Equity Plan as dividends are declared and paid on the common
stock of MIIX Group, provided, however, that any such dividend equivalents, and
the interest earned thereon, shall be forfeited as to any unvested option shares
that are forfeited by the Employee pursuant to the terms of the Long Term
Incentive Equity Plan.

          2.4. Deferred Compensation. The Employee shall be eligible to
participate in the Company's Deferred Compensation Plan, or similar plans, which
may be in effect from time to time, by which the Employee is permitted to defer
compensation and receive benefits in a future year in accordance with the terms
of the Deferred Compensation Plan. The Employee and the Company shall,
simultaneous with the execution of this Agreement, execute the Deferred
Compensation Plan, a copy of which is attached hereto as Exhibit A.

          2.5. Employee Benefits. During the term of this Agreement, the
Employee shall be entitled to participate in all of the benefit programs
provided to similar employees of the Company, including, without limitation, all
medical, disability, dental and life insurance benefits, retirement programs,
incentive compensation plans, automobile expense reimbursement programs and
other employee benefit programs now in existence or hereafter adopted by the
Company, as such plans, programs, practices or policies may be in effect from
time to time.

          2.6. Paid Time Off. In addition to such holidays as are established by
the policies of the Company, the Employee shall be entitled to paid time off in
accordance with the Company's Paid Time Off policy as applicable to executives
of the Company, as in effect from time to time, during which his compensation
shall be paid, provided, however, that the Employee may not take more than two
consecutive weeks of vacation without the prior approval of the Chief Executive
Officer or such other superior officer of MIIX Group. Unused vacation time can
be carried over only in accordance with the Company's Paid Time Off policy.

          2.7. Reimbursement of Expenses. The Company shall reimburse the
Employee for all reasonable expenses incurred by the Employee in connection with
his

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employment hereunder, provided, however, that such expenses were incurred in
conformance with the policies of the Company, as established from time to time,
and the Employee submits detailed vouchers and other records reasonably required
by the Company in support of the amount and nature of such expenses.

          2.8. Taxes and Withholding. All compensation payable and other
benefits provided under this Agreement shall be subject to customary withholding
for income, F.I.C.A. and other employment taxes.

          2.9. Physical Examination. The Employee shall submit to a physical
examination by a qualified physician on an annual basis which shall be paid for
by the Company and the results of such examination shall be made available to
the Company.

     3.   Termination of Employment.

          3.1. Death of the Employee. The Employee's employment under this
Agreement shall terminate immediately upon the Employee's death and the
Employee's estate (or his beneficiary as may be appropriate) shall be entitled
to receive:

               (a)  the balance of his accrued and unpaid Base Salary,

               (b)  unreimbursed expenses,

               (c)  unused accrued Paid Time Off through the date of his death,
     and

               (d)  any other benefits earned by the Employee and vested (if
     applicable) as of the date of his death under any employee benefit plan of
     MIIX Group or its affiliates in which the Employee participates.

          3.2. Disability of Employee. If the Employee, in the reasonable
opinion of the Company, is unable to perform his duties under this Agreement by
reason of incapacity, either physical or mental, as determined in accordance
with the MIIX Group of Companies Long Term Disability Group Benefit Plan (the
"LTD Plan"), or similar plan which may be in effect from time to time, the
Company shall have the right to terminate the Employee's employment upon written
notice to the Employee, whereupon such termination shall be effective as of the
date specified in such notice (the "Termination Date") and the Company

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shall have no further obligations under this Agreement, except the obligation to
pay to the Employee:

               (a)  the balance of his accrued and unpaid Base Salary,

               (b)  unreimbursed expenses,

               (c)  unused, accrued Paid Time Off through the Termination Date,

               (d)  any other applicable severance payments provided for in
     Section 4 hereof, and

               (e)  any other benefits earned by the Employee and vested (if
     applicable) as of the Termination Date under any employee benefit plan of
     the Company or its affiliates in which the Employee participates.

     If the Company determines not to terminate the Employee's employment in the
event of a disability as allowed under this Section 3.2, the Company shall
continue to pay Base Salary to the Employee for a period of up to ninety days,
and shall pay the difference between Base Salary and benefits paid to the
Employee under the LTD Plan for a period of up to six months thereafter, paid in
accordance with the Company's normal payroll practices, while the Employee is
not working. If the Employee, in the reasonable opinion of the Company, remains
disabled at the end of such nine month period, his employment shall be deemed
terminated and she shall receive the benefits provided for in this Section 3.2.

          3.3. Termination for Cause.

     1. For purposes of this Agreement, "for cause" shall mean the termination
of the Employee's employment with the Company as a result of any of the
following:

               (a) the willful engaging by the Employee in conduct which is
     materially injurious to or contrary to the best interests of the Company,
     monetarily or otherwise;

               (b) the willful failure by the Employee to perform such duties as
     may be delegated or assigned to the Employee by the Chief Executive Officer
     or such other superior officer of MIIX Group;

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               (c) the willful failure by the Employee to follow the directives
     or instructions of the Chief Executive Officer or such other superior
     officer of MIIX Group;

               (d) the repeated and consistent failure of the Employee to be
     present at work and devote his full time best efforts to the performance of
     his duties under this Agreement, except as set forth above in connection
     with the Employee's disability;

               (e) gross negligence in the performance of his duties on behalf
     of the Company;

               (f) the Employee's conviction of, or plea of no contest to, a
     felony or any crime involving moral turpitude; or

               (g) the commission by the Employee of an act, or the omission of
     an act, that would constitute a material breach of this Agreement.

     2. The Employee's employment under this Agreement shall terminate
immediately upon written notice from the Company that the Company is terminating
the Employee for cause. Upon the Company's termination of the Employee for
cause, the Company shall be required to pay to the Employee:

               (a)  the balance of his accrued and unpaid Base Salary,

               (b)  unreimbursed expenses,

               (c)  unused, accrued Paid Time Off through the Termination Date,
     and

               (d)  any other benefits earned by the Employee and vested (if
     applicable) as of the Termination Date under any employee benefit plan of
     the Company or any affiliate in which the Employee participates.

          3.4. Termination Without Cause. The Company may terminate the
Employee's employment without cause under this Agreement at any time upon
written

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notice to the Employee specifying the date of termination. In the event of a
termination without cause, the Company shall make payments to the Employee in
accordance with Section 4 below.

          3.5. Termination Following a Change in Control.

     1. In the event that the Company terminates the Employee's employment
during the six month period following a Change in Control (as hereinafter
defined), the Employee shall be entitled to receive:

               (a)  the accrued and unpaid balance of his Base Salary,

               (b)  Base Salary for the 24 month period following the
     Termination Date, paid, at the option of the Company, in accordance with
     the Company's normal payroll practices or in a lump sum,

               (c)  unreimbursed expenses,

               (d)  unused, accrued Paid Time Off through the Termination Date,

               (e)  any other benefits earned by the Employee and vested (if
     applicable) as of the Termination Date under the terms of any employee
     benefit plan of the Company or its affiliates in which the Employee
     participates, and

               (f)  for the 24 month period following the Termination Date,
     coverage for the Employee and his dependents (if applicable) under the
     standard health benefit plans of the Company in which the Employee
     participates.

     The Company shall also be responsible for any tax penalty, which may be
imposed upon the Employee in connection with the payments to be made under this
Section 3.5.

     2. For purposes of this Agreement, "Change in Control" shall mean the
occurrence of any of the following events:

          (a) the acquisition in one or more transactions by any "Person" (as
such term is used for purposes of Section 13(d) or Section 14(d) of the
Securities Exchange Act of 1934, as amended) but excluding, for this purpose,
MIIX Group or its affiliates or any employee benefit plan of MIIX Group or its
affiliates, of "Beneficial Ownership" (within the

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meaning of Rule 13d-3 under the Securities Exchange Act of 1934, as amended) of
thirty-five percent (35%) or more of the combined voting power of MIIX Group's
then outstanding voting securities.

          (b) the individuals who, as of the date hereof, constitute the Board
of Directors of MIIX Group (the "Incumbent Board") cease for any reason to
constitute at least a majority of the Board; provided, however, that if the
election, or nomination for election by MIIX Group's shareholders, of any new
director was approved by a vote of at least a majority of the Incumbent Board,
such new director shall be considered as a member of the Incumbent Board, and
provided further that any reductions in the size of the Board that are
instituted voluntarily by the Incumbent Board shall not constitute a Change in
Control, and after any such reduction the "Incumbent Board" shall mean the Board
as so reduced;

          (c) a merger or consolidation involving MIIX Group if the shareholders
of MIIX Group, immediately before such merger or consolidation, do not own,
directly or indirectly, immediately following such merger or consolidation, more
than sixty-five percent (65%) of the combined voting power of -the outstanding
voting securities of the corporation resulting from such merger or consolidation
or a complete liquidation or dissolution of MIIX Group or a sale or other
disposition of all or substantially all of the assets of MIIX Group; or

          (d) the acceptance by the shareholders of MIIX Group of shares in a
share exchange if the shareholders of MIIX Group, immediately before such share
exchange, do not own, directly or indirectly, immediately following such share
exchange, more than sixty-five percent (65%) of the combined voting power of the
outstanding voting securities of the corporation resulting from such share
exchange.

          3.6. Termination by the Employee. The Employee may terminate his
employment under this Agreement at any time upon not less than thirty days prior
written notice to the Company. The Company may, however, elect to accelerate the
date of termination. In the event of such a termination, the Company shall be
required to pay to the Employee:

               (a)  the balance of his accrued and unpaid Base Salary,

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               (b)  unreimbursed expenses,

               (c)  unused, accrued Paid Time Off through the Termination Date,

               (d)  any other benefits earned by the Employee and vested (if
     applicable) as of the Termination Date under any employee benefit plan of
     the Company or its affiliates in which the Employee participates.

     4.   Severance.

          4.1. Payments by the Company. In the event that the Company terminates
the Employee's employment without cause, or in the event that the Company
determines to terminate the Employee's employment under Section 3.2 hereof, the
Employee shall be entitled to receive:

               (a)  the balance of his accrued and unpaid Base Salary,

               (b)  unreimbursed expenses,

               (c)  unused, accrued Paid Time Off through the Termination Date,

               (d)  any other benefits earned by the Employee and vested (if
     applicable) as of the Termination Date under any employee benefit plan of
     the Company or any affiliate in which the Employee participates,

               (e)  for the 12 month period following the Termination Date,
     coverage for the Employee and his dependents (if applicable) under the
     standard health benefits plans of the Company in which the Employee
     participates, and

               (f)  Base Salary, paid in accordance with the Company's normal
     payroll practices, commencing on the Termination Date and ending on the
     earlier of: (i) 12 months from the Termination Date or (ii) the date on
     which the Employee obtains full-time employment with any third party or as
     an independent consultant, whichever is earlier.

     Except during any period of disability as described in Section 3.2, the
Employee shall have a duty to undertake to secure new employment immediately
upon termination of employment with the Company. The Employee shall immediately
notify the Company in writing of such employment and any payments received by
the Employee pursuant to this

                                       9
<PAGE>

Section 4.1 subsequent to the commencement of such employment shall be promptly
remitted to the Company. Notwithstanding the foregoing, in the event that the
Employee obtains full-time employment with any third party or as an independent
consultant at an annual amount lower than his Base Salary at the Company on the
date of his termination, the Company shall pay to the Employee an amount equal
to such difference from the date on which the Employee obtains such full-time
employment for a period not to exceed 12 months from the Termination Date.

          4.2. Resignations from Positions. The Employee specifically agrees
that upon his termination of employment with the Company, whether voluntary or
involuntary, his position as an officer or as a member of the Board of Directors
of MIIX Group, MIIX Insurance Company, Underwriter or any affiliate shall cease
and this Agreement shall constitute notice of the Employee's resignation in such
regard.

     5.   Non-Competition.

          5.1. Definition of "Competitor". For purposes of this Agreement,
"competitor" shall mean any company engaged in or about to be engaged in the
business of selling or marketing a product or service in the medical
professional liability insurance business which is similar to any product or
service sold or marketed or about to be sold or marketed by the Company or any
affiliate and the successors thereof, respectively.

          5.2. Term of Non-Competition. The Employee agrees that for so long as
she is employed by the Company and for a period of one year after the
termination thereof, whether voluntary or involuntary, she will not, directly or
indirectly, whether for compensation or not, own, manage, operate, join, control
or participate in, or be connected as a stockholder, officer, employee, partner,
creditor, guarantor, consultant, advisor or otherwise, with a competitor that is
engaged in or about to be engaged in business in any geographic area where the
Company or any affiliate are doing business. The foregoing shall not be
construed, however, as preventing the Employee from investing his assets in such
form or manner as will not require services on the part of the Employee in the
operations of the businesses in which such investments are made and provided
that any such business is

                                       10
<PAGE>

publicly-owned and the interest of the Employee therein is solely that of a
passive investor owning not more than five (5%) percent of the outstanding
equity securities of any such business.

          5.3. Solicitation of Company Clients. For the period of one year after
the termination of the Employee's employment with the Company or any affiliate,
whether voluntary or involuntary, the Employee shall not, directly or
indirectly, call upon or solicit insurance or consulting business from any
person or entity who is or was a client of the Company or any affiliate at any
time within a period of twelve months immediately prior to the Termination Date,
or any broker, agent or consultant of such person or entity, without the express
written consent of the Company.

          5.4. Solicitation of Company Employees. For the period of one year
after the termination of the Employee's employment with the Company or any
affiliate, whether voluntary or involuntary, the Employee shall not, directly or
indirectly, hire, retain or engage as a director, officer, employee, agent,
consultant, advisor or in any other capacity any person or persons who are
employed by the Company or any affiliate or who were at any time within a period
of six months immediately prior to the Termination Date employed by the Company
or any affiliate or otherwise interfere with the relationship between such
persons and the Company or its affiliates, without the express written consent
of the Company.

          5.5. Remedies. The parties acknowledge and agree that the Employee's
services hereunder are special, unique, unusual and extraordinary, giving them
peculiar value, the loss of which cannot be reasonably or adequately compensated
solely by damages, and in the event that the Employee breaches any provision of
this Section 5, the Company shall be entitled to equitable relief by way of
injunction or otherwise. In the event that the period of time or geographic area
herein specified should be adjudged unreasonable in any court proceeding, then
the period of time shall be reduced by such number of months or the geographic
area shall be reduced by elimination of such portion thereof as deemed
unreasonable, so that this Agreement may be enforced during such period of time
and in such

                                       11
<PAGE>

geographic area as is adjudged to be reasonable. In the event that the Employee
breaches any of the provisions of this Section 5, the Company also shall be
entitled to cease all payments and benefits under the terms of this Agreement
and to pursue all remedies which the Company might have including, but not
limited to, those contained in this Agreement.

     6.   Confidentiality.

          6.1. Definition of "Confidential Information". For the purposes of
this Agreement, "Confidential Information" shall mean all information about the
Company or any affiliate relating to any of their products or services or any
phase of their operations, including, without limitation, business plans and
strategies, trade secrets, marketing and distribution information, business
results, underwriting information and methods, identities of insureds and claims
defense and recovery methods and procedures not generally known through
legitimate means to any of its competitors, with which the Employee becomes
acquainted during the term of his employment.

          6.2. Confidential Treatment. During the time of employment, or at any
time thereafter, the Employee shall not disclose or make available to any person
or entity any Confidential Information without the express prior written
authorization of the Company. All records, files, materials and Confidential
Information obtained by the Employee in the course of his employment with the
Company are confidential and proprietary and shall remain the exclusive property
of the Company or its affiliates, as the case may be. Upon the termination of
the Employee's employment with the Company or any affiliate, or at any time upon
the request of the Company, the Employee (or his heirs or personal
representatives, as applicable) shall deliver to the Company (a) all documents
and materials containing Confidential Information relating to the business or
affairs of the Company or its affiliates, or their customers or clients, and (b)
all other documents, materials and other property belonging to the Company or
its affiliates, or their customers or clients that are in the possession or
under the control of the Employee.

          6.3. Remedies. The parties acknowledge and agree that Confidential
Information is vital to the operations of the Company and its affiliates and
that the loss

                                       12
<PAGE>

suffered by breach of any of the provisions of this Section 6 cannot be
reasonably or adequately compensated for by damages, and in the event that the
Employee breaches this Section, the Company shall be entitled to equitable
relief by way of injunction or otherwise. In the event that the Employee
breaches any of the provisions of this Section 6, the Company also shall be
entitled to cease all payments and benefits under the terms of this Agreement
and shall be entitled to pursue all remedies which the Company might have
including, but not limited to, those contained in this Agreement.

     7. Severability. The terms of this Agreement and each Paragraph and Section
hereof shall be considered severable and the invalidity or unenforceability of
any part thereof shall not affect the validity or enforceability of the
remaining portions or provisions hereof.

     8. Notices. Any notice required or permitted to be given under this
Agreement shall be sufficient, if in writing and delivered by mail or overnight
delivery service, to his residence, in the case of the Employee or to its
principal office in the case of the Company.

     9. Assignment. The rights and obligations of the Company under this
Agreement shall inure to the benefit of and be binding upon its successors and
assigns. Neither this Agreement nor any rights or interests herein or created
hereby may be assigned or otherwise transferred voluntarily or involuntarily by
the Employee.

     10. Waiver. The waiver by the Company or the Employee of a breach of any
provision of this Agreement by the other party shall not operate or be construed
as a waiver of any subsequent breach.

     11. Applicable Law. This Agreement shall be interpreted and construed under
the laws of the State of New Jersey without reference to principles of conflicts
of laws.

     12. Jurisdiction. Employee and the Company agree to submit to the
jurisdiction of the federal and state courts in New Jersey for purposes of the
enforcement of or any dispute concerning this Agreement and that any proceeding
to enforce or involving any dispute concerning this Agreement shall be brought
exclusively in the federal or state courts in New Jersey.

                                       13
<PAGE>

     13. Entire Agreement. This Agreement contains the entire agreement of the
parties with respect to the subject matter hereof and supersedes all prior or
contemporaneous agreements with respect to the subject matter hereof. This
Agreement may not be changed, altered or amended except by an agreement in
writing signed by the party against whom enforcement of any waiver, change,
modification, extension or discharge is sought.

     14. Counterparts. This Agreement may be executed in counterparts, each of
which shall be deemed an original and all of which taken together shall
constitute one and the same instrument.

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year first above written.

                                           THE MIIX GROUP, INCORPORATED

                                           By:__________________________________
                                                    Patricia A. Costante
                                                    Chairman & CEO

                                           NEW JERSEY STATE MEDICAL
                                           UNDERWRITERS, INC.

                                           By:__________________________________
                                                    Patricia A. Costante
                                                    Chairman and CEO

                                           _____________________________________
                                                    JAMES ROYNAN

                                       14

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