Document:

SEVERANCE AND RELEASE AGREEMENT

                                                   SEVERANCE
AND RELEASE AGREEMENT

           
This Severance and Release Agreement (“Agreement”) is
made by and between David L. Ward (“Executive”) and
SYNCOR INTERNATIONAL CORPORATION (“Syncor”).

           
WHEREAS, Executive has been employed as Executive Vice President of
Syncor and President and Chief Executive Officer of Comprehensive
Medical Imaging, Inc. ("CMI"), a subsidiary of Syncor;
and

           
WHEREAS, in anticipation of Syncor's decision to make changes to
its overall strategies with respect to its investments in the
medical imaging business, Syncor and Executive have agreed to the
termination of Executive’s employment with Syncor, CMI and
all other subsidiaries and affiliates of Syncor (all of which
companies shall be included, for purposes of this Agreement, in any
reference to "Syncor") in return for certain benefits as described
in Paragraphs 3 and 5 of this Agreement, which benefits are also
provided by Syncor for and in consideration of the other covenants
of Executive contained in this Agreement, including
Executive’s confidentiality and non-solicitation commitments
in Paragraphs 10 and 11 of this Agreement.

           
NOW THEREFORE, the parties agree as follows:

           
1.           
Employment Status and Change in Employment Status. 
Syncor and Executive agree that Executive will change employment
status with Syncor to a non-working status (the "Status Date") upon
the earliest of the following dates:  (a) consummation of the
sale of CMI to a third party or a combination of third parties that
results in 90%or more of CMI's centers being sold; (b)
January 1, 2003; or (c) a date mutually agreed upon between the
Chief Executive Officer of Syncor and Executive.  It is agreed
that on the Status Date, Executive will relinquish the positions
(and corresponding job duties and responsibilities) of Executive
Vice President of Syncor and President and Chief Executive Officer
of CMI, and all other positions and titles that Executive may have
with any Syncor subsidiary or affiliate.

           
2.         Status Date
and Termination Date.  For a period of twenty seven (27)
months immediately following the Status Date, Executive will be on
inactive status.  It is agreed that Executive's last day of
employment (the "Termination Date") with Syncor will be the date
that is twenty seven (27) months following the Status
Date.

           
3.           
Compensation and Benefits Subject to Executive’s Continued
Fulfillment of Executive’s Obligations Under This
Agreement.  Subject to Executive's continued fulfillment
of his obligations under this Agreement, Syncor will provide
Executive with the following benefits, in lieu of any benefits that
may be available under any other program, plan, or agreement with
Syncor providing severance or other post-employment commitments or
arrangements:

           
           
(a)           
Base Pay Continuation.  Syncor will continue to pay
Executive his current salary for all hours up to and including the
Status Date, less standard withholdings and authorized
deductions.  Syncor agrees to continue to pay Executive his
base annual salary of $285,000 from the Status Date through the
Termination Date.  The base pay continuation will be paid in
regular payroll installments beginning on the first regular pay
date after the Status Date.  These payments are subject to
withholding and other deductions as required by
law. 

           
           
(b)           
Vacation.  On the first regular pay date following the
Status Date, Syncor will pay Executive his accrued but unused
vacation time and floating holidays as of the Status Date, in the
form of a lump sum payment.  This payment is subject to
withholding and other deductions as required by law. 
Executive shall continue to accrue vacation time for the period
after the Status Date through the Termination Date, based on his
employment during such period.

           
           
(c)           
Outplacement Counseling and Services.  Syncor will pay
all fees, up to $42,750, which represents 15% of annual base
salary, associated with Executive’s enrollment in Kevin Hand
& Associate’s Career Transition Senior Executive
Program.  Syncor and Executive agree that at Executive's
option, Executive can waive the outplacement services described in
this paragraph in exchange for $42,750, less authorized
withholdings and deductions.  Such payment will be included in
Executive's regular paycheck on the first payday following the
Status Date.

           
           
(d)           
Mortgage Differential Payments.  Executive and Syncor
agree that Syncor will continue to pay Executive's mortgage
differential payments each month through the final date originally
agreed between Syncor and Executive.

           
           
(e)           
Special Bonus Payment.  Executive and Syncor agree that
Syncor will provide a special bonus payment (the "Special Bonus
Payment") to Executive in the amount of $240,469, less authorized
withholdings and deductions.  The Special Bonus Payment will
be paid to Executive on the first regular payday following the
Status Date.

           
           
(f)           
Incentive Bonus Payment - 2002.  Executive shall also
be eligible to receive an additional payment of $500,000 (the
"Incentive Bonus Payment") after the Status Date if, and only if,
Syncor's Board of Directors makes a determination, based on the
recommendation of the Chief Executive Officer, that Executive has
acted in the best interest of Syncor from the effective date of
this Agreement until the Status Date, which determination will be
made within 15 days after the Status Date.  If the foregoing
condition is satisfied, Executive shall be entitled to receive the
Incentive Bonus Payment within 30 days after the Status
Date.

           
4.           
“Executive’s Continued Fulfillment of His
Obligations Under This Agreement.” As used in Paragraphs
3 and 5 of this Agreement, the term “Executive’s
continued fulfillment of his obligations under this
Agreement” shall mean his substantial compliance with all
material terms of this Agreement.  If Syncor has a good faith
and reasonable belief that Executive has materially breached a
material obligation under this Agreement, Syncor shall provide
forty-five days (45) written notice to Executive explaining in
detail the material breach.  At any time during the forty-five
day period following his receipt of that notice, Executive shall
have an opportunity to cure such material breach.

           
5.
           
Participation in Other Benefit Plans and Programs. 
Subject to Executive's continued fulfillment of his obligations
under this Agreement, during the term of this Agreement, concluding
on the Termination Date, unless specifically stated otherwise in
this paragraph, Executive shall be entitled to continue to
participate in the following benefit plans and programs sponsored
by Syncor, in accordance with their respective terms:

           
           
(a)           
Syncor Executive Benefit Plan. Executive will continue to
participate in all health, life and long-term care plans afforded
to Syncor officers.  Following the Status Date, Executive and
Syncor will continue to make contributions to this plan in the same
manner and form as when Executive was a working employee. The
benefits otherwise receivable by Executive pursuant to the Syncor
Executive Benefit Plan, however, shall be reduced to the extent
benefits of the same type are received by Executive at any time
during the term of this Agreement (and any such benefits received
by Executive shall be reported to Syncor by Executive).

           
           
(b)           
Syncor International Corporation Employees' Savings and Stock
Ownership Plan ("ESSOP").  Executive may continue to
participate in the ESSOP as an active, regular employee 
through the Termination Date.

           
           
(c)           
Executive Long Term Performance Equity Plan (the "Traunch
Plan").  Notwithstanding the conditions and provisions
agreed to in paragraph 5(e), Executive and Syncor agree that
Executive will continue to participate in the Traunch Plan as a
regular participant through the Termination Date; however,
Executive shall not be eligible to participate in any new targets
that may be offered under the Traunch Plan after the effective date
of this Agreement.

           
           
(d)           
Syncor International Corporation Deferred Compensation Plan (the
"Deferred Compensation Plan").  Executive will continue to
participate in the Deferred Compensation Plan as an active and
regular participant through the Termination Date.  Executive
will continue to receive employer contributions in the same form
and manner as other participants in this plan.

           
           
(e)           
2002 Corporate Management Incentive Plan.   
Executive and Syncor agree that Executive will not be eligible to
participate in the 2002 Corporate Management Incentive
Plan.

           
           
(f)           
Stock Options. Executive shall not be eligible to
participate in any new option grants that may be offered after the
effective date of this Agreement; however, any acceleration of
vesting or material amendment of any stock option previously
granted to Executive under any of Syncor's stock option plans which
occurs prior to the later of the Termination Date or the expiration
of any stock options, whether on account of a "change in control"
(as it may be defined in any such plan) or for any other reason,
shall also apply to Executive.

           
           
(g)           
Portable Medical Insurance Policy.  In the event that
Executive's employment with Syncor terminates after the Status
Date, for any reason, Syncor shall, upon reasonable notice from
Executive, assist Executive in the acquisition of a portable
medical insurance policy covering him and his eligible dependents,
with Executive as the policyholder and with the premiums thereunder
to be paid by Executive.

           
6.           
Non-Participation in Other Benefit Plans.  Except as
described in Paragraphs 3 and 5 above, Executive shall not be
eligible to participate in any other compensation plan, bonus plan,
or any other employee benefit plan offered by Syncor, and Executive
hereby waives any right to participate in such plans.  Without
limiting the scope of the foregoing sentence, except as provided
under this Agreement, Executive specifically waives any rights that
he would have been entitled to receive under the Severance
Agreement, dated August 24, 2001, between Executive and Syncor, and
the Benefits Agreement, dated March 8, 1999, between Executive and
Syncor.

           
7.
           
Indemnification.  Syncor shall indemnify Executive if
Executive was or is a party or is threatened to be made a party to
any threatened, pending or completed action, suit or proceeding
based on acts or omissions that occurred on or before the Status
Date, whether civil, criminal, administrative, or investigative,
and whether formal or informal, by reason of the fact that
Executive is or was a director, officer, advisory director,
executive or agent of Syncor, against expenses, including attorneys
fees, judgments, penalties, fines and amounts paid in settlement
actually and reasonably incurred by Executive in connection with
such action, suit or proceeding, to the fullest extent and in the
manner permitted by law, provided that Executive acted in good
faith and in a manner Executive reasonably believed to be in or not
opposed to the best interests of Syncor and, with respect to a
criminal action or proceeding, provided that Executive had no
reasonable cause to believe that his conduct was
unlawful.

           
8.
           
Further Assistance.  At Syncor’s reasonable
request, Executive agrees to provide Syncor with cooperation in any
lawsuits arising out of events during Executive’s employment
at Syncor, provided such assistance does not unreasonably and
materially interfere with Executive’s duties or
responsibilities under any subsequent employment.  Upon
reasonable notice from Syncor, Executive agrees to participate in
discovery and trial preparation, and to assist Syncor’s legal
counsel as and where needed, including attendance at depositions
and trials (“Litigation Assistance”).  Executive
will use reasonable efforts to timely respond to Syncor’s
requests for Litigation Assistance and to provide such Litigation
Assistance.  Upon termination of any Lawsuit in which
Executive provides services, Executive shall, at Syncor’s
request, deliver to Syncor all materials related to the
Lawsuit.  Executive will be reimbursed for out-of-pocket
expenses associated with Executive’s assistance, including
travel, lodging, meals, telephone, and similar expenses in
accordance with Syncor’s usual policies.  This
compensation is not related to or conditioned on the nature or
content of Executive’s testimony, if any, nor on the outcome
of any lawsuit.  Rather, it is intended solely to provide
Executive with reasonable compensation for actual expenses incurred
in Litigation Assistance.

           
9.
           
Waiver and Release.  In exchange for the payments
described above, Executive hereby waives, releases, gives up, and
promises never to make any claims of any kind (whether Executive
knows of them now or not) that Executive may have against Syncor,
its related entities, parent companies, and subsidiaries
(collectively referred to as the “Companies”), or any
officer, director, agent, executive, owner, insurer, benefit plan,
or other representative of the Companies as a result of facts now
in existence.  The claims that Executive is waiving,
releasing, giving up, and promising never to make include, but are
not limited to, all of the following:

           
           
(a)           
any claims for further compensation or benefits from the Companies
except as set forth in this Agreement;

           
           
(b)           
any claims arising out of Executive’s employment or
termination of employment with Syncor;

           
           
(c)           
any claims under the federal Age Discrimination in Employment Act;
the federal Civil Rights Act of 1964; 42 U.S.C. § 1981; the
federal Family and Medical Leave Act; the federal Equal Pay Act;
the federal Fair Labor Standards Act; the federal Older Workers
Benefit Protection Act; the federal Americans With Disabilities
Act; the federal Employee Retirement Income Security Act of 1974;
the federal Worker Adjustment and Retraining Notification Act;
California Government Code § 12920, California Government Code
§ 12940, California Labor Code § 2856, California Labor
Code § 970, and any other state, federal or local statute,
ordinance, order or regulation;

           
           
(d)           
Executive agrees that he has been fully advised of the contents of
§ 1542 of the California Civil Code (“§ 1542"), and
said section and the benefits thereof are expressly waived as to
any claims, known or unknown, which exist up to and including the
date of this Agreement.  Section 1542 reads as
follows:

           
           
           
§ 1542.  (General  release – claims
extinguished.)  A

            
           
general release does not extend to claims which the creditor

            
           
does not know or suspect  to exist in his favor at the time
of

            
           
executing  the  release,  which if  known 
to him  must  have

            
           
materially affected his settlement with the debtor.

           
           
Executive represents that he understands and acknowledges the
significance and the consequences of his release, as well as the
specific waiver of § 1542.

           
           
(e)           
any claim under any contract, agreement (except this Agreement),
promise or Syncor policy;

           
           
(f)           
any claim for violation of any other legal duty or public
policy;

           
           
(g)           
any claim for attorneys' fees; and

           
           
(h)           
Executive expressly acknowledges and agrees that, by entering into
this Agreement, Executive is waiving any and all rights and claims
that Executive may have arising under the Age Discrimination in
Employment Act of 1967, as amended, which have arisen on or before
the date of execution of this Agreement.  Executive further
expressly acknowledges and agrees that:

                       
           
(i)           
In return for entering into this Agreement, Executive will receive
compensation beyond that which Executive was already entitled to
receive before entering into this Agreement;

           
           
           
(ii)           
Executive was given a copy of this revised Agreement on April 5,
2002. Executive understands that Executive has a period of 45 days
within which to consider this Agreement;

                       
           
(iii)           
Executive understands that for a period of seven (7) days after
Executive signs this Agreement that Executive may revoke this
Agreement;

                       
           
(iv)           
Executive acknowledges receipt of Attachment A, which provides the
required information under the Older Workers Benefit and Protection
Act (OWBPA) regarding the ages and titles of other Syncor or CMI
employees selected or not selected for termination in connection
with the changes to CMI’s overall business
strategy;

                       
           
(v)           
Executive understands that this Agreement will not become effective
until eight (8) days after the Executive signs this Agreement;
and

                       
           
(vi)           
Executive agrees and represents as follows:

	
                                

	
"I hereby
acknowledge and understand that I have a period of 45 days to
review and consider this Agreement prior to signing it, and that by
executing and delivering this Agreement to Syncor, I am expressly
waiving any remaining portion of such 45 day period.  I may
revoke this Agreement within seven (7) days of the date I sign this
Agreement.  I understand and agree that such revocation will
only be effective if an originally executed written notice thereof
is in the possession of Sheila Coop, Senior Vice President, Human
Resources, on or before 5:00 p.m. Eastern Standard Time on the
seventh (7th) day after I sign this Agreement.  The foregoing
release will bind my heirs, executors, administrators, spouse,
successors and assigns and it may not be changed except by a
writing signed by both Syncor and me."

           
Executive accepts the payments described above in Paragraphs 3 and
5 in full satisfaction of all such claims.

           
10.           
Confidential Information.  Executive has been and will
continue to be employed by Syncor in a position that gives him
access to sensitive information of a confidential nature, about the
executives, officers and consultants of the Companies (collectively
referred to as the “Management”), as well as access to
confidential or proprietary information about the
Companies.

           
For the purposes of this Agreement, the term “Confidential
Information” shall include, without limitation, sensitive
information of a confidential nature or any nonpublic information
relating to the Management or Companies and with regard to the
Companies, nonpublic financial information, information concerning
compensation or benefit programs, internal projections, budgets,
financial plans, marketing and advertising strategies or plans,
promotional materials, vendor and product information, cost and
price information, the identity and lists of actual or potential
customers, vendors, executives, suppliers and distributors, sources
of supply for capital equipment, test results or market studies
concerning competitors and competitive products and any other
matters not specifically mentioned above which would constitute a
trade secret. Executive acknowledges that the Confidential
Information derives independent economic value from not being
readily known to or ascertainable by proper means by others who can
obtain economic value from its disclosure or use and that
reasonable efforts have been made to maintain the secrecy of such
Confidential Information.

           
           
(a)           
In addition to the obligations under any agreement regarding
confidentiality, trade secrets and intellectual property signed by
Executive (which shall remain in full force and effect to the
extent not inconsistent with this Agreement), and any ethical
commitments and common law obligations Executive may have to keep
confidences, but except as limited by Paragraphs 10(b) and 10(c)
below, Executive further covenants and agrees to hold in confidence
all Confidential Information, whether or not in written form and
without limitation as to when or how Executive may have acquired
such information, regarding the Management or the Companies, their
agents, officers, directors, executives, representatives, and their
predecessors, successors, heirs, executors, administrators and
assigns, both present and former.  Executive agrees to keep
such Confidential Information confidential at all times during and
after Executive’s employment with Syncor, and that Executive
will neither disclose, furnish, disseminate, make available nor use
any Confidential Information, for Executive’s own or a third
party’s benefit nor disclose or communicate such information
to any third party, person or entity, either before or after
Executive’s termination of employment with Syncor.

           
           
(b)           
Syncor agrees that once the sale of a CMI center has been
consummated, Executive's covenants under Paragraph 10(a) above
shall not apply to any part of the Confidential Information that
deals specifically and solely with the operations of that CMI
center that was sold, but only so long as such Confidential
Information does not constitute a valuable Syncor asset.  For
example, Confidential Information involving the financial
performance, marketing and advertising strategies, or cost or price
information of the sold CMI center will be covered by the foregoing
exception to Paragraph 10(a).  Any other Confidential
Information of Syncor involving that sold CMI center, including,
without limitation, Confidential Information of that CMI center
that relates to or that reveals Syncor's management of and
strategies with respect to CMI or the operations of Syncor, or
Confidential Information that relates to a valuable Syncor asset,
such as information relating to Project Light, shall not be
included within the foregoing exception, it being understood that
such Confidential Information will continue to be governed by
Paragraph 10(a).

           
           
(c)           
Executive’s obligations under Paragraph 10(a) shall not apply
to any part of the Confidential Information that was or became
generally available to the public other than as a result of
disclosure by Executive.  Further, Executive’s
obligations under Paragraph 10(a) shall not apply to the disclosure
of Confidential Information where such disclosure is required by
law and Executive is subject to civil or criminal sanctions or
penalties for failing to disclose information, provided Executive
gives Syncor prompt notice of any such situation and endeavors, and
cooperates fully (to the extent consistent with his legal or
ethical obligations) with Syncor’s efforts, to prevent such
disclosures, keep such disclosures to a minimum, and secure
protective orders or similar arrangements with respect to
Confidential Information.

           
           
(d)           
Executive will return to Syncor, prior to the Status Date, all
materials including, without limitation, all Confidential
Information, reports, files, memoranda, and records, keys, access
cards, security passes or badges, computer files or disks and all
other physical or personal property which Executive received,
prepared or helped to prepare, in connection with Executive’s
employment, together with copies in whatever form. 

           
11.           
Non-Solicitation. 

           
           
(a)           
Non-Solicitation of Employees.  During the term of this
Agreement and continuing for a period of six months after the
Termination Date, Executive shall not directly or indirectly
recruit or solicit any Syncor employee.  Notwithstanding the
foregoing, after the Status Date, Executive may solicit: (i) any
Syncor employee who is no longer an employee of Syncor; (ii) any
CMI employee whose employment with Syncor has been placed under
inactive status in connection with Syncor's decision to change its
overall strategies with respect to its investments in the medical
imaging business; and (iii) beginning in January 1, 2003, any
employee in Syncor's corporate headquarters whose principal
responsibilities as of the date hereof are to
CMI.   

           
           
(b)           
Non-Solicitation of Business.  During the term of this
Agreement, Executive shall not directly or indirectly solicit any
customer of or business from a CMI facility so long as such CMI
facility remains part of Syncor.  During the term of this
Agreement, Executive shall not directly or indirectly solicit any
customer of or business from any non-CMI, Syncor
facility.

           
           
(c)           
Application of Restrictions.  The provisions of this Paragraph
11 of this Agreement shall apply regardless of whether
Executive’s employment with Syncor is, or is deemed to be,
terminated voluntarily or involuntarily.

           
           
(d)           
Abatement of Period of Restriction in Case of Breach.  In the
event of any breach or violation of the restrictions contained in
this Paragraph 11, the specified time period for observance of
those restrictions shall abate during the time of any such breach
or violation, and such time period remaining at the time of the
breach shall not begin to run again until the breach has been fully
and finally cured.

           
12.           
Enforcement.  Because Executive’s services are
unique and because Executive has access to Confidential Information
and work product, the parties hereto agree that Syncor would be
damaged irreparably in the event any of the provisions of
Paragraphs 8, 9, 10 or 11 hereof were not performed in accordance
with their specific terms or were otherwise breached and that money
damages would be an inadequate remedy for any such non-performance
or breach.  Therefore, Syncor or its successors or assigns
shall be entitled, in addition to other rights and remedies
existing in their favor, to an injunction or injunctions to prevent
any breach or threatened breach of any of such provisions and to
enforce such provisions specifically (without posting a bond or
other security).

           
13.           
Costs of Enforcement.  If Syncor complies with this
Agreement but Executive violates Executive’s commitments in
Paragraphs 8, 9, 10 or 11 of this Agreement, it is agreed that
Syncor may seek judicial enforcement of its rights under Paragraphs
8, 9, 10 or 11, and it is agreed that Syncor shall be entitled to
recover from Executive any costs it incurs (including reasonable
attorney fees) in obtaining judicial enforcement, provided that
such costs recoveries shall not exceed the net amounts paid to
Executive under Paragraphs 3 and 5 of this Agreement.  If
Executive complies with this Agreement but Syncor violates its
commitments in Paragraphs 1, 3, 5, or 7 of this Agreement, it is
agreed that Executive may seek judicial enforcement of its rights
under Paragraphs 1, 3, 5, or 7 and Executive shall be entitled to
recover from Syncor any costs it incurs (including reasonable
attorney fees) in obtaining judicial enforcement.

           
14.           
No Admission.  This Agreement is not an admission by
any party of any violation of law or intention to violate any
law.

           
15.           
Period for Review and Consultation.  Executive has been
advised by Syncor to consult with an attorney regarding this
Agreement before signing it. Executive has been given 45 days after
the date on which Executive received this Agreement to decide
whether to sign it, but has waived such 45-day period pursuant to
Paragraph 9(h)(vi) above.  By signing this Agreement,
Executive acknowledges that Executive has read this Agreement,
understands all of its provisions, and knowingly and voluntarily
agrees to all of its terms and provisions.

           
16.           
Revocation Period.  Once Executive has signed this
Agreement, Executive may still revoke it at any time during the
7-day period after Executive received this Agreement, by delivering
written notice of revocation to Syncor within this 7-day period, as
provided in Paragraph 9(h)(vi) above.  This Agreement shall
not become effective or enforceable until this revocation period
has expired without Executive having revoked this Agreement. 
Once this revocation period expires, if Executive has not revoked
this Agreement it will be a binding, nonrevocable agreement between
Executive and Syncor.

           
17.           
Notice.  Any notice or delivery under this Agreement
shall be made respectively to:

	
                                 

	
Sheila E. Coop

		
Senior Vice President,
Human Resources and Communications

		
Syncor International
Corporation

		
6464 Canoga
Avenue

		
Woodland Hills, CA 
91367-2407

		
  

		
David L. Ward

		
2535 Montecito
Avenue

		
Thousand Oaks, CA 
91362

           
18.           
No Mitigation.  Syncor agrees that the Executive is not
required to seek other employment or to attempt in any way to
reduce any amounts payable to the Executive by Syncor. 
Further, the amount of any payment or benefit provided in this
Agreement (other than as provided for in Paragraph 5(a)) shall not
be reduced by any compensation earned by the Executive as a result
of Employment by another employer.

           
19.
           
Successors; Binding Agreement. In addition to any
obligations imposed by law upon any successor to Syncor, Syncor
will require any successor (whether direct or indirect, by
purchase, merger, consolidation or otherwise) to all or
substantially all of the business or assets of Syncor, to expressly
assume and agree to perform this Agreement in the same manner and
extent to which Syncor would be required to perform it if no such
succession had taken place.  Failure of Syncor to obtain such
assumption and agreement shall constitute a breach of this
Agreement and shall entitle the Executive to compensation and
benefits from Syncor in the same amount and on the same terms
herein.

This Agreement shall inure
to the benefit of and be enforceable by the Executive’s
personal or legal representatives, executors, administrators,
successors or heirs.  If the Executive shall die while any
amount would still be payable to the Executive hereunder if the
Executive had continued to live, all such amounts will be paid in
accordance with the terms of this Agreement to the executors,
personal representatives or administrators of the Executive’s
estate.

           
20.           
Severability.  The provisions of this Agreement are
severable.  If any part of it is found to be unenforceable,
all other provisions shall remain fully valid and
enforceable.

           
21.           
Choice of Laws.  This Agreement shall be governed by
the substantive laws of the State of California as applied to
contracts entered into and to be performed entirely within such
state by residents thereof.

           
22.           
Entire Agreement.  This Agreement is the complete
understanding between Syncor and Executive on the matters to which
the parties agree in it, and Executive is not relying on any
statement other than the provisions of this Agreement.  No
other promises or agreements shall be binding unless in a writing
signed by the parties to this Agreement.  This Agreement
cancels any and all prior employment agreements, written or oral,
if any, between Syncor and Executive, except that any commitment of
Executive concerning confidentiality, non-competition,
non-solicitation and intellectual property shall remain in effect
until the Status Date, it being understood that such commitments
would strictly be governed by this Agreement thereafter.

  

	
                                                 

	
SYNCOR INTERNATIONAL
CORPORATION

  

		
By:  /s/ Sheila
Coop

		
Its:  Sr. Vice
President,

         Human Resources
& Communications

		
Date:  April 5,
2002

		
		
  

DAVID L.
WARD

  

                                                                                   

		
Date:  April 5,
2002Document

> 

AMENDMENT TO EXECUTIVE EMPLOYMENT
AGREEMENT

 

           THIS
AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT (this "Amendment") is
entered into this 10th day of April, 2002 (the "Amendment Date") by
and between BMC Industries, Inc. (the "Company") and Paul B. Burke ("Executive")
with respect to that certain Executive Employment Agreement dated
January 1, 1999 (the "Agreement"). In consideration of the
parties' respective undertakings and covenants herein and in the Agreement, and
other good and valuable consideration (the receipt and sufficiency of which are
hereby acknowledged by each party), the Company and Executive hereby agree as
follows:

           1.        Definitions,
References, etc. Unless otherwise defined herein, each capitalized
term used herein shall have the meaning (if any) provided therefor in the
Agreement. Unless otherwise specified herein, each provision hereof shall
take effect on the Amendment Date. In the case of any inconsistency
between this Amendment and the Agreement, this Amendment shall govern.

           2.        Duties. In
addition to the duties stated in the Agreement, Executive's duties also include
identifying and recruiting qualified candidates to succeed Executive as chief
executive officer of the Company (subject in each case to approval by the
Board). Executive and the Company acknowledge the possibility that the
Company may hire a chief executive officer for each of its two principal
operating units, that the two so hired may jointly act as chief executive
officer of the Company, and that the Company's doing so (with approval of the
Board) will constitute completion of Executive's additional duties under this
paragraph 2. The date on which such successor (or, if two are hired, the
second of them) commences work at the Company as chief executive officer shall
be the "Succession Date." If the Succession Date is before
December 31, 2002, then Executive shall, on the Succession Date, (a) resign
from all positions as an officer and a director of the Company and (b) become
an advisor to the Company for the period from the Succession Date through
December 31, 2002. During such period, Executive's duties shall consist
solely of advising the Board and officers of the Company, and he shall devote
to such duties such time and attention as the Board may request from time to
time, but shall not be required to devote time exceeding 25% of a full-time
executive position.

           3.        Termination. Unless
terminated earlier, the Agreement (and all of Executive's service) shall
terminate on December 31, 2002 (and the automatic extension under Section 4(a)
of the Agreement is hereby deleted).   Such termination shall be
a termination under Section 4(b)(iii) of the Agreement, and this Amendment is
the "mutual agreement in writing" referred to therein.  

           4.        Compensation
and Benefits. 

                       (a)       Salary
and Benefits. During the period from the Amendment Date through
December 31, 2002 (or, if Executive resigns from his advisor position before
December 31, 2002, then through the date of resignation), the Company shall
continue to pay and provide to Executive the same salary and benefits as in
effect immediately before the Amendment Date (except that any changes to
benefit plans that apply to management employees of the Company in general
shall also apply to Executive). 

                       (b)       Bonus
for 2002.  Executive's bonus for 2002 shall be determined on the same
basis as that by which his bonus was determined for 2001 (provided, however,
that such bonus for 2002 shall not be withheld or otherwise reduced solely
because Executive is no longer employed by the Company when bonuses for 2002
are paid). If Executive resigns from his advisor position before December
31, 2002, then such bonus for 2002 shall be pro-rated through the date of
resignation.

                       (c)       Stock
Bonus Award. If the Succession Date is before December 31, 2002, then
the Company shall award to Executive, within 10 days after the Succession Date,
a Stock Bonus (as defined in the Company's Restated and Amended 1994 Stock
Incentive Plan) consisting of so many shares of common stock of the Company ("Common
Stock") as equals $50,000 divided by the average of the high and low
publicly reported prices of Common Stock on the fifth trading day after the
Succession Date. 

                       (d)       Stock
Option. The Company shall grant to Executive a non-statutory stock
option to purchase 150,000 shares of Common Stock at an exercise price equal to
100% of the Fair Market Value of Common Stock on the date of such grant (and
the Company shall grant such option to Executive at the time when the Company
grants to its management employees known as the "Leadership Group"
the options or other equity interests for 2002 now under consideration by the
Board). Such option shall be subject to and represented by an agreement in
form and substance customarily entered into for granting of non-statutory stock
options by the Company, shall include the requirement that such option shall
vest on the Succession Date (unless Executive has previously voluntarily
terminated his employment, in which case such option shall terminate without
vesting), and shall establish December 31, 2005, as the last date on which
such option may be exercised.

                       (e)       COBRA.  If
and to the extent that Executive elects to continue medical-expense coverage
under the Consolidated Omnibus Budget Reconciliation Act of 1985 ("COBRA")
and would, in the absence of this paragraph, have an obligation to pay any
amount to the Company for such continued coverage, such obligation is hereby
waived by the Company for any amount payable for the period beginning on the
Termination Date and ending on the earlier of (i) the end of the 18-month
period specified by COBRA or (ii) such date on which Executive and his
dependants begin to receive medical-expense coverage under a plan of another
employer (after satisfaction of any requirements for a waiting period or
pre-existing conditions).

           5.        Extension
of Certain Options. Reference is hereby made to certain options
heretofore granted to Executive and identified below by date of grant. For
each such option, Executive and the Company hereby acknowledge and agree that

                       (a)       the
number of shares for which such option is now exercisable is that stated below
under "Shares Exercisable" (and such option is not, and will not
become, exercisable for any other shares); and 

                       (b)       such
option (and the Stock Option Agreement heretofore signed by the Company and
Executive that governs such option) is hereby amended so that the last date on
which such option may be exercised is that set forth below under "Last
Exercise Date" (and, unless previously exercised, such option shall expire
and cease to be exercisable at the close of business on the Last Exercise
Date).

2

           Date of
Grant                           Shares
Exercisable                               Last
Exercise Date

           December
10,
1993                        160,000                                         December
9, 2003

           February 18,
1999                          300,000                                         December
31, 2005

           February 14,
2001                          150,000                                         December
21, 2005

           6.        Supplemental
Pension.

                    (a)       Benefit.  If the
Succession Date is on or before December 31, 2002 and Executive completes his
other obligations under the Agreement and this Amendment, then the Company
shall pay to Executive a retirement benefit of $7,917 per month, commencing on
the first day of the month immediately following that which includes Executive's
60th birthday (and such first day shall be the "First Payment
Date"). "Benefit" means amounts payable under this
paragraph (a). 

                   
(b)       Survivor.  The
individual to whom the Executive is married on the Amendment Date is his "Current
Spouse." If Executive dies before payment of any Benefit and his
Current Spouse survives until the First Payment Date, then the Company shall
pay the Benefit to his Current Spouse, commencing on the First Payment
Date.  If Executive dies after the first payment of a Benefit and his
Current Spouse survives Executive, then the Company shall continue to pay the
Benefit to his Current Spouse for the balance of her life. 

                  
(c)       Incapacity. If any
person entitled to receive any Benefit shall be physically, mentally or legally
incapable of receiving such Benefit or acknowledging receipt thereof, and no
legal representative has been appointed for such person, the Company may (but
shall not be required to) cause such Benefit to be paid to the institution
having custody of such person, or to such person's spouse, children, parents or
other relatives by blood or marriage or any other person determined by the
Company to be responsible for such person (each a "Responsible Recipient"). The
Company's good-faith payment of a Benefit based on its actual knowledge of the
incapacity of such person and the existence of any Responsible Recipient shall
be conclusive and binding on all persons, and such payment shall completely discharge
the Company's obligation to pay such Benefit.

                   
(d)       Nonassignability.  The
Benefit is personal to Executive, and shall not be subject to any voluntary or
involuntary alienation, assignment, pledge, transfer, seizure or other disposition,
including, without limitation, transfer by operation of law in the event of any
person's bankruptcy or insolvency.

                   
(e)       Effect on Plans.  The
Benefit shall not be considered to be salary or other compensation for purposes
of computing benefits to which any person may be entitled under any pension
plan or other employee benefit plan or arrangement sponsored by the Company (in
each case, unless otherwise specified in such Plan).

                   
(f)       No Funding; Taxes.  
The Benefit will not be funded by the Company and neither Executive nor any
other person shall have any right, title or interest in any of the Company's
assets or be preferred over general creditors of the Company with regard to any
Benefit. Except for any taxes that the Company in fact withholds from any
Benefit under section 6(n) of the Agreement, Executive (and each other person
receiving a Benefit) shall pay and be responsible for all taxes owed with
respect to such Benefit (including without limitation all income taxes and FICA
taxes).

3

                       (g)       Effect
of Change in Control

  
    

 (i)        In
the event of a Change in Control (as hereinafter defined) at a time when any
Benefit remains unpaid, the Company shall, before the effective date of such
Change in Control, create a trust in the form known as a "rabbi trust,"
appoint the Bank Trustee (as defined below) as trustee thereof, deposit with
the trustee cash equal to the Present Value (as hereinafter defined) and
instruct the trustee to apply the assets of the trust to pay the
Benefit. If, at any time, the Benefit has been completely paid and any
amount is then held by the trustee, then such amount shall be paid to the
Company. (Notwithstanding the foregoing, however, if such Change in
Control is a result of a proxy contest, unsolicited tender offer or other
proceeding or transaction not requiring Company consent, then the Company shall
take the actions required by the immediately proceeding sentence as soon as
possible following the effective date of such Change in Control.) "Bank
Trustee" means such national bank (or trust-company subsidiary thereof),
as may be specified by Executive (subject to the Company's approval which shall
not be unreasonably withheld or delayed), that is a member of the United States
Federal Reserve system and has deposits of not less than $10 billion or, if
Executive fails to specify a Bank Trustee, then such as the Company may select.

(ii)       For
any Trust Notice, the "Present Value" shall be the present value of
all future payments of the Benefit, determined as of the Trust Notice Date,
using: 

    

  

                                         (A)      a
mortality factor based on life expectancy as of the Trust Notice Date, which
life expectancy shall be

  
    
      
        

(1)       if
Executive is then living and married to Current Spouse, the joint-and-survivor
life expectancy of Executive and Current Spouse; 

(2)       if
Executive is not then living, but was married to Current Spouse when he died,
the life expectancy of Current Spouse; or

        

      

    

  

                                                  (3)       if
Executive is then living, but is not then married to Current Spouse, the life
expectancy of Executive,

                                        in any case as specified under the 1994 Group Annuity Reserving Table; and 

  
    
      

(B)      
a discount rate equal to the monthly average yield on obligations of the United
States Treasury, adjusted to a constant maturity of ten years, as published and
made available by the Federal Reserve Board pursuant to its Federal Reserve
Statistical Release (H.15(519)) last published before the date of such

      

    

  

4

  
    
      

determination (or, if such
Federal Reserve Statistical Release is not then published or does not then
include such monthly average yield, as published in the most comparable
publication which is then published and does include such monthly average
yield).

      

    

  

                           (iii)      "Change
in Control" means 

  
    
      

(A)      a
majority of the directors of the Company are persons other than (1) persons for
whose election proxies have been solicited by the Board or (2) persons
then serving as directors appointed by the Board to fill vacancies on the Board
caused by death or resignation (but not by removal) or to fill newly created
directorships;

(B)      beneficial
ownership (as determined by Rule 13d‐3 under the Securities Exchange Act
of 1934, as amended (or any successor thereto)) of more than 50% of all
outstanding voting stock of the Company is acquired in one or more transactions
by any person or group of persons acting in concert (other than the Company);
or 

      

    

  

                                        (C)      the
stockholders of the Company approve a definitive agreement or plan to 

  
    
      
        

(1)       merge
or consolidate the Company with or into another corporation (other than
(a) a merger or consolidation with a corporation controlling the Company
or controlled by the Company within the meaning of Section 368(c) of the
Internal Revenue Code of 1986, as amended, or (b) a merger in which the
Company is the surviving corporation and either (x) no outstanding voting stock
of the Company (other than fractional shares) held by stockholders immediately
prior to the merger is converted into cash, securities or other property or (y)
all holders of outstanding voting stock of the Company (other than fractional
shares) immediately prior to the merger have substantially the same
proportionate ownership of the voting stock of the Company or its parent
corporation immediately after the merger), 

(2)       exchange,
pursuant to a statutory exchange of shares of voting stock of the Company held
by stockholders of the Company immediately prior to the exchange, shares of one
or more classes or series of voting stock of the Company for shares of another
corporation, or 

        

      

    

  

5

  
    
      
        

(3)       sell
or otherwise dispose of all or substantially all the assets of the Company (in
one transaction or a series of transactions).

        

      

    

  

           7.        Continued
Arrangements; Certain Equipment. 

                       (a)       From
the Amendment Date to the Termination Date, the Company shall continue to
provide to Executive the executive-assistant support, office space and other
similar arrangements as were provided to Executive immediately before the
Amendment Date. 

                       (b)       The
Company and Executive acknowledge that Executive currently has exclusive use of
a computer and certain other office equipment now located in the office
occupied by Executive at the Company (the "Equipment"). Executive
may, before the Termination Date, give notice to the Company of his desire to
receive a price for such items of Equipment as may be listed in such
notice. Promptly after receiving such notice, the Company shall deliver to
Executive a list of such items and the depreciated book value of each, as then
shown on the Company's records. Executive may give notice to the Company
within 10 days after receiving such list and, if he does so, the Company shall
sell to Executive such Equipment as specified in such notice, upon payment
by Executive to the Company of cash equal to such depreciated book value.

            8.        Status
of Agreement. Except as amended by the foregoing, the Agreement and
each provision thereof shall remain in full force and effect. The
Agreement and this Amendment state the entire agreement between Executive and
the Company regarding employment of Executive by the Company and termination of
such employment, and neither party has any obligation related to such
employment or termination thereof other than stated in the Agreement and this
Amendment (plus such obligations, if any, that are imposed by law or by any
benefit plan of the Company in which Executive is a participant).

           IN WITNESS
WHEREOF, the parties have executed this Amendment, effective on the Amendment
Date.

	
  EXECUTIVE:

  	
  THE COMPANY:

  
	
   

  	
   

  
	
  /s/Paul B.
  Burke           

  	
  BMC INDUSTRIES, INC.

  
	
  Paul B. Burke

  	
   

  
	
   

  	
   

  
	
   

  	
  By: /s/Curtis E.
  Petersen          

  
	
   

  	
  Title: Senior Vice President and CFO

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