Document:

Exhibit 4.4

      AGREEMENT made as of November 22, 2005 between GENERAL DATACOMM
INDUSTRIES, INC., a Delaware corporation having offices at 6 Rubber Avenue,
Naugatuck, Connecticut 06770("Grantor") and Howard S. Modlin ("Optionee").

                                   WITNESSETH:

      WHEREAS, Grantor is desirous of inducing Optionee to continue as a
director of the Grantor,

      NOW THEREFORE, in consideration of the promise of the Optionee to remain
as a director of the Grantor at the pleasure of the stockholders of Grantor, and
for other good and valuable consideration, the Grantor hereby grants the
Optionee Stock Options to purchase common stock of the Grantor on the following
terms and conditions:

l. OPTION. The Grantor hereby grants to the Optionee the option to purchase up
to 551,121 shares of common stock, par value .01 cent per share, of the Grantor
to be issued upon the exercise hereof, fully paid and non-assessable, during the
following periods.

(a) No shares may be purchased prior to the expiration of twelve (12) months
from the date of this option (unless otherwise authorized by the Stock Option
Committee of the Board of Directors) or after ten (10) years from the date
thereof.

(b) All or any part of 110,224 shares may be purchased during the period
commencing November 22, 2006 and terminating at 5:00 p.m. on November 21, 2015.

(c) All or any part of 110,224 shares may be purchased during the period
commencing November 22, 2007 and terminating at 5:00 p.m. on November 21, 2015

(d) All or any part of 110,224 shares may be purchased during the period
commencing November 22, 2008 and terminating at 5:00 p.m. on November 21, 2015.

(e) All or any part of 110,224 shares may be purchased during the period
commencing November 22, 2009 and terminating at 5:00 p.m. on November 21, 2015.

(f) All or any part of 110,225 shares may be purchased during the period
commencing November 22, 2010 and terminating at 5:00 p.m. on November 21, 2015.

2. PURCHASE PRICE. The purchase price shall be fifty cents ($.50) per share,
payable in cash or by check (subject to collection) to the Grantor. The Grantor
shall pay all original issue or transfer taxes on the exercise of this option
and all other fees and expenses necessarily incurred by the Grantor in
connection therewith.

3. EXERCISE OF OPTION. The Optionee shall notify the Grantor by certified or
registered mail addressed to its principal offices as to the number of shares
which Optionee desires to purchase under the options herein granted, which
notice shall be accompanied by payment by cash or check of the option price
therefore as specified in paragraph 2 above. As soon as possible thereafter the
Grantor shall, at its principal office, tender to Optionee certificates issued
in the Optionee's name evidencing the shares purchased by the Optionee.

<PAGE>

4. OPTION CONDITIONED ON CONTINUANCE AS A DIRECTOR.

(a) Each of the aforesaid options shall terminate and be void if the Optionee is
not a director of the Grantor on the date in which such option is first
exercisable.

(b) The Optionee shall have the right to purchase the shares as to which the
options shall become exercisable only while Optionee is a director of the
Grantor, except the options may be exercised to the extent that they are
exercisable upon the effective date the Optionee ceases to be a director, at any
time within three (3) months after the date of termination but in no event after
the expiration of the last option herein contained.

5. DIVISIBILITY AND NON-ASSIGNABILITY OF THE OPTIONS.

(a) The Optionee may exercise the options herein granted from time to time
during the periods of their respective effectiveness with respect to any whole
number of shares included therein.

(b) Except as provided in the Grantor's 2005 Stock and Bonus Plan for options
granted under such Plan as if this Option was granted thereunder, the Optionee
may not give, grant, sell, exchange, transfer legal title, pledge, assign or
otherwise encumber or dispose of the options herein granted or any interest
therein, otherwise than by will or the laws of descent and distribution, and
these options, or any of them, shall be exercisable during Optionee's lifetime
only by the Optionee.

(c) In the event of the Optionee's death (i) while a director of the Grantor or
(ii) within three (3) months after the effective date that the Optionee ceases
to be a director, or (iii) after the effective date that the Optionee ceases to
be a director by reason of permanent and total disability, then (x) under (i),
(ii) and (iii) above, all of the unexercised outstanding options granted under
this Agreement shall automatically be accelerated and become fully vested and
exercisable and (y) Optionee's estate, or any person who acquired the right to
exercise such option by bequest or inheritance or by reason of the death of the
Optionee, shall have the right at any time, but not after November 21, 2015, to
exercise this option in full notwithstanding the vesting schedule in paragraph
1.

(d) In the event Optionee ceases to be a director by reason of the Optionee's
permanent and total disability while a director of the Grantor, all of the
unexercised outstanding options granted under this Agreement shall automatically
be accelerated and become fully vested and exercisable and the Optionee shall
have the right at any time after Optionee ceases to be a director, but not after
November 21, 2015, to exercise this option in full notwithstanding the vesting
schedule in paragraph 1.

      For this purpose, the Optionee shall be considered permanently and totally
disabled if Optionee is unable to engage in any substantial gainful activity by
reason of any medically determinable physical or mental impairment which can be
expected to result in death or which has lasted or can be expected to last for a
continuous period of not less than twelve (12) months. The Optionee shall not be
considered permanently and totally disabled unless Optionee furnishes proof of
the existence thereof in such form and manner and at such times as the Stock
Option Committee of the Board of Directors administering the Plan may require.

<PAGE>

      The Optionee agrees that said committee's determination as to whether the
Optionee is permanently and totally disabled shall be final and absolute, and
not subject to question by the Optionee, a representative of the Optionee, or
the Grantor.

6. STOCK AS INVESTMENT. By accepting this option the Optionee agrees for the
Optionee, Optionee's heirs and legatees that, unless the shares have been
registered under the Securities Act of 1933, as amended, any and all shares
purchased hereunder shall be acquired for investment and not for distribution,
and upon the issuance of any or all of the shares subject to the option granted
hereunder, the Optionee, or Optionee's heirs or legatees receiving such shares,
shall deliver to the Grantor a representation in writing that such shares are
being acquired in good faith for investment and not for distribution. Grantor
may place a "stop transfer" order with respect to such shares with its transfer
agent and place an appropriate restrictive legend on the stock certificate
unless such shares are registered.

7. RESTRICTION ON ISSUANCE OF SHARES. The Grantor shall not be required to issue
or deliver any certificate for shares of its capital stock purchased upon the
exercise of this option:

(a) prior to the admission of such shares to listing on any stock market or
exchange on which the stock may at that time be listed and, in the event of the
exercise of this option with respect to any shares of stock subject hereto, the
Grantor shall make prompt application for such listing;

(b) unless the prior approval of such sale or issuance has been obtained from
any state regulatory body having jurisdiction; or

(c) unless the shares with respect to which the option is being exercised have
been registered under the Securities Act of 1933, as amended, or are exempt from
registration.

8. ADJUSTMENT OF SHARES.

(a) If additional shares of common stock are issued by the Grantor pursuant to a
stock split or stock dividend or distribution in excess of 5% in the aggregate
in any one fiscal year of the Grantor, the number of shares of common stock then
covered by each option granted herein shall be increased proportionately with no
increase in the total purchase price of the shares then so covered. In the event
that the shares of common stock of the Grantor are reduced at any time by a
combination of shares, the number of shares of common stock then covered by each
option granted herein shall be reduced proportionately with no reduction in the
total price of the shares then so covered. If the Grantor shall be reorganized,
consolidated or merged with another corporation, or if all or substantially all
of the assets of the Grantor shall be sold or exchanged, the Optionee shall, at
the time of issuance of the stock under such a corporate event, be entitled to
receive upon the exercise of his option, the same number and kind of shares of
stock or the same amount of property, cash or securities as he would have been
entitled to receive upon the happening of any such corporate event as if he had
been, immediately prior to such event, the holder of the number of shares
covered by this option. No option adjustment shall be made for stock dividends,
stock distributions or stock splits which are not in excess of 5% in any one
fiscal year in the aggregate (even though the cumulated total of such stock
dividends, distributions or splits over the life of an option may be in excess
of 5% in the aggregate), cash dividends or the issuance to stockholders of the
Company of rights to subscribe for additional common stock or other securities.

<PAGE>

(b) Any adjustment in the number of shares shall apply proportionately to only
the unexercised portion of an option granted hereunder. If fractions of a share
would result from any such adjustment, the adjustment shall be revised to the
next higher whole number of shares.

9. NO RIGHTS IN OPTION STOCK. Optionee shall have no rights as a stockholder in
respect of shares as to which the option shall not have been exercised and
payment made as herein provided and shall have no rights with respect to such
shares not herein provided.

10. NO CONTRACT TO BE A DIRECTOR. Optionee further represents, covenants and
warrants this Agreement does not constitute a contract to be a director of the
Grantor or any of its subsidiaries or affiliates, nor does it give the Optionee
any right to be a director of the Grantor, and Optionee's continuance as a
director is terminable as provided in the Grantor's Certificate of Incorporation
and by-laws.

11. BINDING EFFECT. Except as herein otherwise expressly provided, this
Agreement shall be binding upon and inure to the benefit of the parties hereto,
their legal representatives and assigns.

12. JURISDICTION OF DISPUTES. The appropriate Federal or State Courts of or
located in the State in which the Grantor has its principal executive offices
shall have exclusive jurisdiction of all disputes arising under this Agreement.

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

                                     GENERAL DATACOMM INDUSTRIES, INC. (Grantor)

                                     By:
                                        ----------------------------------------
                                        William G. Henry, Vice President

---------------------------------
First/Middle/Last Name (Optionee)
         Howard S. ModlinUnassociated Document

    

    FIRST
      AMENDEMENT TO EMPLOYMENT AGREEMENT

    

    THIS
      FIRST AMENDEMENT OF EMPLOYMENT AGREEMENT made as of the 28th day of June, 2000
      between and among HALSEY DRUG CO., INC., a New York corporation (the
      "Corporation"), with principal executive offices at 695 No. Perryville Road,
      Rockford, Illinois 61107 and PETER CLEMENS residing at 20860 Valley Road,
      Kideer, Illinois 60047 (the "Employee").

    

    

    RECITALS

    

    
      	A.            	
              The
                Corporation and the Employee executed an employment agreement on
                March 10,
                1998 (the "Agreement").

            

    

    

    
      	B.             	
              The
                Corporation desires to continue to employ the Employee and the Employee
                desires to continue to be employed by the
                Corporation.

            

    

    

    
      	C.           
               	
              The
                Corporation and the Employee now desire to amend the Agreement to
                provide
                for, inter alia,
                (i) an increase in the length of the initial term of the Agreement,
                (ii)
                the addition of a provision whereby Employee may terminate his employment
                for Good Reason, (iii) the payments of severance and benefits to
                Employee
                upon termination without cause or for Good Reason, (iv) restrictions
                on
                the ability of the Employee to sell incentive stock options; and
                (v) the
                ability of the Employee, upon termination, to continue to exercise
                certain
                stock options of the Corporation. 

            

    

    

    NOW,
      THEREFORE, in consideration of the mutual covenants and undertakings herein
      contained, the parties agree as follows:

    

    
      	1.         
                	
              Section
                2 of the Agreement "Term of Employment" is hereby deleted and the
                following inserted in its place:

            

    

    

    "The
      term
      of Employee's employment under this Agreement shall commence on the date of
      the
      Agreement and shall terminate on April 30, 2005, (the "Initial Term"), unless
      sooner terminated pursuant to Section 8 of the Agreement; provided, however,
      that if the Corporation shall fail to give the Employee written notice of
      non-renewal of the Employee’s employment with the Corporation not less than 180
      days prior to the Initial Term or any Renewal Period (as defined), Employee’s
      term hereunder shall automatically be extended for successive one (1) year
      periods (each a "Renewal Period" and together with the Initial Term, the
      "Term")."

    

    
      
        
          	                 
                  2.	
                  Paragraph
                    5 (c) of the Agreement, "Purchase of Options" is hereby deleted
                    and the
                    following inserted in its place:

                

        

      

    

     

    

    "5(c)
      Purchase
      of Options. 

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    (I).
      In
      the event that Employee is terminated for cause (as defined in Paragraph 8.3)
      or
      resigns other than for Good Reason (as provided in paragraph 8.5), the
      Corporation shall have the right, but not the obligation, to purchase Employee's
      vested Option at the Fair Market Value thereof. In the event that the
      Corporation does not elect to purchase Employee's vested Option within seven
      days of the date of Employee's termination for cause or resignation, Employee
      shall be obligated to exercise his Options in writing within 37 days of such
      termination or resignation, failing which he shall be deemed to have forfeited
      his Option to the Corporation. For purposes of this paragraph 5(c), "Fair Market
      Value" shall mean the product of (i) the positive difference, if any, between
      the average of the closing price of the Company's Common Stock as reported
      by
      the American Stock Exchange, or such other exchange or over-the-counter market
      on which the Company's Common Stock may then be listed or admitted for trading,
      for the five (5) trading days prior to the date of termination, and the Option
      exercise price, multiplied by (ii) the number of Option Shares which, as of
      the
      date of termination, are vested under the Option.

    

    (II).
      In
      the event of a termination of Employee's employment with the Corporation by
      the
      Corporation without cause (as defined in paragraph 8.3) or a termination by
      Employee of his employment with the Corporation for Good Reason (as provided
      in
      paragraph 8.5), notwithstanding any language to the contrary contained in any
      Option Agreements with the Employee, any outstanding stock options of the
      Corporation, held by the Employee, which are not incentive stock options
      (non-qualified stock options), and only to the extent these options are vested
      on the date of termination, shall continue to be exercisable by the Employee
      for
      two (2) years from the date of termination and shall not be subject to earlier
      termination."

    

    
      	 	
              3.

            	
              Paragraph
                5(d) "Automobile" is hereby amended by changing this paragraph (d)
                to
                paragraph (f) and adding a new paragraph (d) "Restriction on Sale
                by
                Employee of Incentive Stock Options" which provides as
                follows:

            

    

    

    "5(d).
      Restriction on Sale by Employee of Incentive Stock Options. During the Term
      of
      the Agreement, Employee agrees that upon any exercise of incentive stock
      options, Employee shall be restricted from selling, transferring or otherwise
      disposing of these option shares received upon such exercise for a period of
      two
      (2) years from the date of such exercise; provided, however, that subject to
      compliance with IRS Code 422, and applicable securities laws, the Employee
      shall
      be permitted to (i) sell, transfer or otherwise dispose of (including the pledge
      of such shares) not more than 100,000 of such option shares without regard
      to
      the two (2) year holding period provided in this paragraph 5(d), and (ii) to
      sell, transfer or otherwise dispose of (including the pledge of such shares)
      the
      number of option shares necessary to pay all federal, state and local income
      taxes incurred by the Employee due to such exercise.

    

    
      	4.             	
              A
                new Paragraph, entitled Paragraph 5 (e), "Form S-8 Registration Statement"
                is hereby added as follows:

            

    

    

    

    "5
      (e).
      Not later than August 31, 2000, the Company shall file with the Securities
      and
      Exchange Commission a registration statement on Form S-8 to register the
      Company's 1998 Stock Option Plan and the shares subject to issuance upon
      exercise of stock options issued under such plan. The Company also covenants
      to
      file the reports required under the Securities Exchange Act of 1934, as amended
      to update and keep effective the Form S-8 registration statement.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	 	
              5.

            	
              Paragraph
                8.3 of the Agreement, "Termination for Cause" is hereby amended to
                include
                the following additional language:

            

    

    

    "Any
      termination of Employee by Corporation for cause shall be communicated in
      writing thirty (30) days prior to date of termination. The notice shall state
      that the Employee's employment hereunder has been or shall be terminated,
      indicating the specific termination provisions in this Agreement relied upon
      and
      setting forth in reasonable detail the facts and circumstances claimed to
      provide a basis for such termination of employment."

    

    
      	 	
              6.

            	
              Paragraph
                8.4 of the Agreement, "Termination Without Cause" is hereby deleted
                and
                the following inserted in its
                place:

            

    

    

    "8.4.
      The
      Corporation may terminate Employee's employment with the Corporation at any
      time
      "Without Cause", upon thirty (30) days' written notice to Employee. A
      termination "Without Cause" shall mean a termination by the Corporation of
      Employee's employment other than due to death or disability as defined in
      Paragraphs 8.1 and 8.2 or Cause as defined in Paragraph 8.3."

    

    
      	 	
              7.

            	
              Paragraph
                8.5 of the Agreement "Change of Control" is hereby amended by moving
                such
                Paragraph to a newly created Paragraph 8.7, and to be put in its
                place, a
                new Paragraph 8.5 "Termination by Employee" which provides as
                follows:

            

    

    

    "8.5.
      Termination
      By Employee For Good Reason.
      The
      Employee may terminate his employment for "Good Reason", upon thirty (30) days'
      written notice to Corporation. "Good
      Reason"
      shall
      mean a termination of employment by Employee following, without Employee's
      express prior written consent, (i) any material diminution by the Board or
      an
      Executive Officer, in Employee's duties, status, offices, reporting
      requirements, or job title, except in connection with termination of Employee's
      employment for Cause as provided in Paragraph 8.3 or death or disability as
      provide in Paragraphs 8.1 and 8.2, (ii) any requirement by the Board that
      Employee change the location at which the Employee performs his principal duties
      for the Corporation to a new location that is more than 35 miles from the
      location at which the Employee performed his principal duties for the
      Corporation immediately prior to date of termination, (iii) the failure of
      the
      Corporation timely to pay Employee's salary, bonus or benefits due Employee
      within seven days of the date such compensation or benefits are due, or any
      material breach by the Corporation of this Agreement, (iv) any change in the
      Corporation's pay plan or employment agreement with Employee that results in
      a
      material diminution of Employee's annual base salary or eligible bonus amounts,
      or (v) the failure of the Corporation to obtain the agreement, in a form
      reasonably satisfactory to Employee, from any successor to the Corporation
      to
      assume and agree to perform this Agreement." 

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	 	
              8.

            	
              A
                new Paragraph, entitled Paragraph 8.6, of the Agreement "Payment
                upon
                Termination Without Cause or for Good Reason" is hereby added as
                follows:

            

    

    

    "8.6.
      Payment
      Upon Termination Without Cause Or For Good Reason. 

    

    (A)
      In
      the event of a termination of Employee's employment with the Corporation without
      Cause or a termination by Employee of his employment with the Corporation for
      Good Reason, prior to the last day of the Initial Term or any Renewal Term,
      the
      Corporation shall pay to Employee, in a single lump sum in cash within thirty
      (30) days after the date of termination an amount equal to (a) his then accrued
      and unpaid base salary plus
      bonuses
      through and including the date of termination, plus
      (b) the
      greater of (i) $280,000, or (ii) twice the Employee's Annual Base Salary in
      effect immediately prior to the date of termination. 

    

    (B)
      In
      addition, during the twenty four (24) full months following the date of
      termination (the "Coverage Period"), Employee will continue to receive all
      benefits to which he was entitled pursuant to Paragraph 5 of the Agreement
      as of
      the date of termination, and Employee shall be entitled to any vested benefits
      under any employee benefit plans. This is to include continued medical, dental
      and life insurance coverage to the Employee and the Employee's family, on terms
      substantially as in effect on the date of termination, subject to the payment
      by
      the Employee of all applicable employee contributions health and welfare
      benefits. If for any reason at any time the Corporation is unable to treat
      Employee as being or having been an employee of the Corporation under any
      benefits plan in which he is entitled to participate and as a result thereof
      Employee receives reduced benefits under such plan during the period that
      Employee is continuing to receive payments pursuant to this Paragraph 8.5 (B),
      the Corporation shall provide Employee with such benefits by direct payment
      or
      at the Corporation's option by making available equivalent benefits from other
      sources. During the Coverage Period, Employee shall not be entitled to receive
      compensation and shall not be entitled to participate in any employee benefit
      plan of, or receive any other benefit from, the Corporation that is introduced
      after the date of termination, except that an appropriate adjustment shall
      be
      made if such new employee benefit or employee benefit plan is a replacement
      for
      or amendment to an employee benefit or employee benefit plan in effect as of
      the
      date of termination."

    

    
      	 	
              9.

            	
              Except
                as amended herein the Agreement remains in full force and effect.
                Defined
                terms herein shall have the same meaning as in the Agreement unless
                otherwise defined herein. This Amendment shall be governed and construed
                and enforced in accordance with the local laws of the State of New
                York
                applicable to agreements made and to be performed entirely in New
                York.

            

    

    

    
      	
            	10.	
              This
                Amendment may be executed in one or more counterparts, each of which
                shall
                be deemed an original, but all of which taken together will constitute
                one
                and the same instrument.

            

    

     

    IN
      WITNESS WHEREOF, the parties have executed this Amendment as of the date first
      above written.

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	 	 	 	 
	ATTEST:	 	 	HALSEY DRUG CO., INC.
	 	 	 	 
	 	 	
               By:
                 

            	 /s/ William
              Skelly
	
              

            	 	 	
              
William
              Skelly, Chairman
	 	 	 	 

    

    
      	 	 	 	 
	WITNESS:	 	 	EMPLOYEE
	 	 	 	 
	 	 	
               By:  

            	/s/ Peter
              Clemens

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