Document:

EX-10.1

 

Exhibit 10.1

May 18, 2006

Mr. Barry A. Posner

Executive Vice President and

General Counsel

BioScrip Inc.

100 Clearbrook Road

Elmsford, New York 10523

     Re: Employment Agreement

Dear Barry:

     Reference is made to the Employment Agreement, dated as of March 1, 1999, by and between MIM
Corporation (now known as BioScrip Inc.), a Delaware corporation, and yourself (as amended to date,
the “Employment Agreement). Capitalized terms used herein and not defined shall have the meaning
ascribed thereto in the Employment Agreement.

     This will confirm our agreement that notwithstanding (i) the expiration of the term of your
Employment Agreement on March 31, 2006 and (ii) your agreement to waive the payment of any
severance pending the negotiation of a new employment or severance agreement following the
expiration of the term of your Employment Agreement, you shall continue to have the right to
receive the termination benefits set forth in Section 5.2(b) of Employment Agreement in the event
that the Company does not enter into a new employment or severance agreement with you on or before
June 30, 2006, except that the period during which you shall be entitled to receive continuation of
your Annual Salary as set forth in Section 5(b)(ii) shall be for a period of one (1) year from June
30, 2006.

     Kindly signify your agreement to the foregoing by signing below.

	 	 	 	 	 	 	 
	 

	 	 	 	 	 	BIOSCRIP INC.
	 
	 	 	 	 	 	 
	 

	 	 	 	By:
	 	/s/ Richard H. Friedman
	 

	 	 	 	 	 	 
	 

	 	 	 	 	 	Richard H. Friedman, Exec. Chmn.
	 
	 	 	 	 	 	 
	Agreed and Accepted
	 	 	 	 	 	 
	May 18, 2006
	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	/s/ Barry A. Posner
	 	 	 	 	 	 
	 

Barry A. Posnerexv4w1

 

EXHIBIT 4.1

CERTIFICATE OF

VICE CHAIRMAN AND CHIEF FINANCIAL OFFICER AND

SENIOR VICE PRESIDENT, TREASURER

AND ASSISTANT SECRETARY

PURSUANT TO SECTIONS 201, 301 AND 303

OF THE INDENTURE

Dated: May 18, 2006

          The undersigned, ALAN H. LUND and PAMELA S. HENDRY, do hereby certify that they are the duly
appointed and acting Vice Chairman and Chief Financial Officer and Senior Vice President, Treasurer
and Assistant Secretary, respectively, of INTERNATIONAL LEASE FINANCE CORPORATION, a California
corporation (the “Company”). Each of the undersigned also hereby certifies, pursuant to Sections
201, 301 and 303 of the Indenture, dated as of November 1, 2000 (the “Indenture”), between the
Company and The Bank of New York, as Trustee, as amended, that:

          A. There has been established pursuant to resolutions duly adopted by the Board of Directors
of the Company (a copy of such resolutions being attached hereto as Exhibit B) and by a Special
Committee of the Board of Directors (a copy of such resolutions being attached hereto as Exhibit C)
a series of Securities (as that term is defined in the Indenture) to be issued under the Indenture,
with the following terms:

1. The title of the Securities of the series is “Medium-Term Notes, Series Q” (the
“Medium-Term Notes”).

2. The limit upon the aggregate principal amount of the Medium-Term Notes which may
be authenticated and delivered under the Indenture (except for Medium-Term Notes
authenticated and delivered upon registration of, transfer of, or in exchange for,
or in lieu of other Medium-Term Notes pursuant to Sections 304, 305, 306, 906 or
1107 of the Indenture) is $4,495,000,000. The Company may, without the consent of
the Holders of the Medium-Term Notes, issue additional notes having the same
ranking, interest rate, Stated Maturity, CUSIP number and terms as to status,
redemption or otherwise as Medium-Term Notes that have been previously issued, in
which event such notes and such previously issued Medium-Term Notes shall constitute
one issue for all purposes under the Indenture including without limitation,
amendments and waivers.

3. The date on which the principal of each of the Medium-Term Notes is payable shall
be any Business Day (as defined in the forms of Global Fixed Rate Note and Global
Floating Rate Note attached hereto as Exhibit A and incorporated herein by
reference) nine months or more from the date of issuance
as determined from time to time by any one of Steven F. Udvar-Hazy, John L.

 

 

Plueger, Alan H. Lund, Pamela S. Hendry or Kurt Schwarz (each a “Designated Person”).

4. The rate at which each of the Medium-Term Notes shall bear interest shall be
established by any one Designated Person, and may be either a fixed interest rate
(which may be zero) (hereinafter, a “Fixed Rate Note”) or may vary from time to time
in accordance with one of the interest rate formulas more fully described in Exhibit
A hereto (hereinafter, a “Floating Rate Note”) or otherwise as specified by a
Designated Person.

5. Unless otherwise specified by a Designated Person, the date from which interest
shall accrue for each Medium-Term Note shall be the respective date of issuance of
each of the Medium-Term Notes.

6. The interest payment dates on which interest on the Medium-Term Notes shall be
payable are, in the case of Fixed Rate Notes, April 15 and October 15, unless
otherwise specified by any Designated Person, and, in the case of Floating Rate
Notes, such dates as specified by any Designated Person. The initial interest
payment on each outstanding Medium-Term Note shall be made on the first interest
payment date falling at least 15 days after the date the Medium-Term Note is issued,
unless otherwise specified by any Designated Person.

7. The regular record dates for the interest payable on any Fixed Rate Note on any
interest payment date shall be April 1 and October 1, unless otherwise specified by
any Designated Person, and the regular record dates for the interest payable on any
Floating Rate Note on any interest payment date shall be on the day 15 calendar days
prior to any such interest payment date, unless otherwise specified by any
Designated Person.

8. Interest on the Fixed Rate Notes shall be computed on the basis of a 360-day year
of twelve (12) 30-day months. Interest on the Floating Rate Notes shall be computed
on the basis set forth in Exhibit A hereto.

9. The place or places where the principal (and premium, if any) and interest on
Medium-Term Notes shall be payable is at the office of the Trustee, 101 Barclay
Street, Ground Floor Window, New York, New York 10286, provided that payment of
interest, other than at Stated Maturity (as defined in the Indenture) or upon
redemption or repurchase, may be made at the option of the Company by check mailed
to the address of the person entitled thereto as such address shall appear in the
Security Register (as defined in the Indenture) and provided further that (i) the
Depositary (as designated below), as holder of Global Securities (as defined in the
Indenture), shall be entitled to receive payments of interest by wire transfer of
immediately available funds, and (ii) a Holder of $10,000,000 or more in aggregate
principal amount of certificated Medium-Term Notes, having identical Interest
Payment Dates, shall be entitled to receive
payments of interest, other than interest due at Stated Maturity or upon

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redemption,
by wire transfer in immediately available funds to a designated account maintained
in the United States upon receipt by the Trustee of written instructions from such
Holder not later than the Regular Record Date for the related Interest Payment Date.
Such instructions shall remain in effect with respect to payments of interest made
to such Holder on subsequent Interest Payment Dates unless revoked or changed by
written instructions received by the Trustee from such Holder; provided that any
such written revocation or change which is received by the Trustee after a Regular
Record Date and before the related Interest Payment Date shall not be effective with
respect to the interest payable on such Interest Payment Date.

10. The date, if any, on which each Medium-Term Note may be redeemed at the option
of the Company shall be established by any Designated Person.

11. The terms under which any of the Medium-Term Notes shall be repaid at the option
of the Holder shall be as set forth in the forms of the Global Fixed Rate Note and
Global Floating Rate Note attached hereto and the obligation of the Company, if any,
to repay any of the Medium-Term Notes at the option of a Holder shall be established
by any Designated Person.

12. The Medium-Term Notes shall be issued in fully registered form in denominations
of $1,000 or any amount in excess thereof which is an integral multiple of $1,000.

13. The principal amount of the Medium-Term Notes shall be payable upon declaration
of acceleration of the maturity thereof pursuant to Section 502 of the Indenture.

14. The Medium-Term Notes shall be issued as Global Securities under the Indenture,
unless otherwise specified by any Designated Person, and The Depository Trust
Company is designated the Depositary under the Indenture for the Medium-Term Notes.

15. The terms of the Medium-Term Notes include the provisions set forth in Exhibit A
hereto.

16. If specified by a Designated Person, Medium-Term Notes may be issued as
Amortizing Notes, Original Issue Discount Notes or Indexed Notes, each as described
in the Prospectus Supplement dated May 18, 2006 to the Prospectus dated May 18, 2006
relating to the Medium-Term Notes, including any subsequent amendments or
supplements thereto.

          B. The forms of the Global Fixed Rate Notes and the Global Floating Rate Notes are attached
hereto as Exhibit A.

          C. The Trustee is appointed as Paying Agent (as defined in the Indenture) and
The Bank of New York is appointed as Calculation Agent.

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          D. The foregoing form and terms of the Medium-Term Notes have been established in conformity
with the provisions of the Indenture.

          E. Each of the undersigned has read the provisions of Sections 301 and 303 of the Indenture
and the definitions relating thereto and the resolutions adopted by the Board of Directors of the
Company and delivered herewith. In the opinion of each of the undersigned, he or she has made such
examination or investigation as is necessary to enable him or her to express an informed opinion as
to whether or not all conditions precedent provided in the Indenture relating to the establishment,
authentication and delivery of a series of Securities under the Indenture, designated as the
Medium-Term Notes in this Certificate, have been complied with. In the opinion of each of the
undersigned, all such conditions precedent have been complied with.

          F. The undersigned Assistant Secretary, by execution of this Certificate, thereby certifies
the actions taken by the Special Committee of the Board of Directors of the Company in determining
and setting the specific terms of the Medium-Term Notes, and hereby further certifies that attached
hereto as Exhibits A, B, and C respectively, are the forms of certificates representing the Global
Fixed Rate Notes and Global Floating Rate Notes as duly approved by the Special Committee of the
Board of Directors of the Company, a copy of resolutions duly adopted by the Board of Directors of
the Company as of November 19, 2004 and a copy of resolutions duly adopted by the Special Committee
of the Board of Directors as of December 28, 2004 and May 18, 2006, pursuant to which the terms of
the Medium-Term Notes set forth above have been established.

          G. This certificate supersedes in its entirety the Officers’ Certificate, dated December 28,
2004, with respect to the Notes previously delivered to you.

[remainder of page intentionally left blank]

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     IN WITNESS WHEREOF, the undersigned have hereunto executed this Certificate as of the
date first above written.

	 	 	 	 	 
	 	 	 
	 	     /s/ Alan H. Lund
 	 
	 	Alan H. Lund 	 
	 	Vice Chairman and

Chief Financial Officer 	 
	 

	 	 	 	 	 
	 	 	 
	 	     /s/ Pamela S. Hendry
 	 
	 	Pamela S. Hendry 	 
	 	Senior Vice President, Treasurer and

Assistant Secretary 	 
	 

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