Document:

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                                                                  EXHIBIT 10.150

                    SECOND AMENDMENT TO AMENDED AND RESTATED
                SUBORDINATED NOTE AND WARRANT PURCHASE AGREEMENT

         This SECOND AMENDMENT TO AMENDED AND RESTATED SUBORDINATED NOTE AND
WARRANT PURCHASE AGREEMENT (this "Amendment") is made and entered into as of
April 16, 2001, by and between RAMSAY YOUTH SERVICES, INC., a corporation
organized under the laws of the State of Delaware, as issuer of the Notes and
the Warrants (the "COMPANY"), each of the subsidiaries of the Company listed on
the signature pages hereto, as guarantors (individually, a "GUARANTOR" and,
collectively, the "GUARANTORS"), SUNTRUST BANKS, INC., ("SUNTRUST"), ING (U.S.)
CAPITAL, LLC ("ING"; ING and SunTrust individually a "PURCHASER" and
collectively the "PURCHASERS").

                              W I T N E S S E T H :
                               -------------------

         WHEREAS, Company, the Subsidiary Guarantors and the Purchasers are
parties to that certain Amended and Restated Subordinated Note and Warrant
Purchase Agreement, dated as of June 19, 2000, as amended by that certain First
Amendment to Amended and Restated Subordinated Note and Warrant Purchase
Agreement, dated as of July 31, 2000, (as amended, restated, modified or
otherwise supplemented from time to time, the "Purchase Agreement"), pursuant to
which the Purchasers made a $10,000,000 subordinated debt investment in the
Company;

         WHEREAS, Company has requested that the Purchasers make certain
amendments to the Purchase Agreement and the Purchasers are willing to do so on
the terms and conditions set forth herein;

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

A.       DEFINITIONS. Capitalized terms used but not otherwise defined herein
         shall have the meanings given to such terms in the Purchase Agreement.

B.       AMENDMENT TO SECTION 1.1 OF THE PURCHASE AGREEMENT. Section 1.1 of the
         Purchase Agreement is amended by replacing the definition therein of
         "Total Debt to EBITDA Ratio" with the following new definition:

                  "TOTAL DEBT TO EBITDA RATIO" shall mean, with respect to the
         Company and its Subsidiaries on a consolidated basis, as of any
         calculation date, the ratio of (a) Money Borrowed, less the amount of
         unrestricted cash balances of the Company, as of such date, to (b)
         EBITDA for the preceding four fiscal quarter period then ending.

<PAGE>   2

C.       AMENDMENT TO SECTION 8.12 OF THE PURCHASE AGREEMENT. Section 8.12 of
         the Purchase Agreement is amended by replacing such subsection in its
         entirety with the following new subsection 8.12:

                  "FINANCIAL COVENANTS. At any time during the term of this
         Agreement, have a Total Debt to EBITDA Ratio, calculated on the last
         day of each fiscal quarter of the Company, commencing with the quarter
         ending December 31, 1999, of more than 3.80:1.0.; PROVIDED, HOWEVER,
         that notwithstanding anything to the contrary contained herein, the
         following amounts shall be added to the Company's EBITDA for each of
         the following fiscal quarters for purposes of this Section 8.12:

                           FISCAL QUARTER ENDING                AMOUNT
                           ---------------------                ------

                           December 31, 1999                   $538,000
                           March 31, 2000                      $664,000
                           June 30, 2000                       $731,000
                           September 30, 2000                  $455,000
                           December 31, 2000                   $549,000"

D.       CONDITIONS TO EFFECTIVENESS OF AMENDMENT. This Amendment shall become
         effective (the "SECOND AMENDMENT EFFECTIVE DATE") when each Purchaser
         shall have received a duly executed counterpart of this Amendment
         executed by each party hereto.

E.       REPRESENTATIONS AND WARRANTIES. The Company hereby represents and
         warrants to the Purchasers that:

                  (a) the execution, delivery and performance of this Amendment
(i) is within Company's corporate power; (ii) has been duly authorized by all
necessary corporate and shareholder action; (iii) does not require the consent,
approval, authorization of, or registration or filing with, any Person under any
Material Contract, with any Person under the organizational documents of the
Consolidated Companies, or with any governmental authority other than such
consents, approvals, authorizations, registrations or filings which have been
made or obtained and are in full force and effect, and (iv) will not cause a
breach or default under any of any of the Consolidated Companies Material
Contracts or organizational documents of any of the Consolidated Companies
except as could not reasonably be expected to have a Material Adverse Effect;

                  (b) this Amendment has been duly executed and delivered for
the benefit or on behalf of Company and constitutes the legal, valid and binding
obligation of Company, enforceable against it in accordance with its terms,
except as the enforceability hereof may be limited by bankruptcy, insolvency,
reorganization, moratorium and other laws affecting creditors' rights and
remedies in general, and by general principles of equity; and

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<PAGE>   3

                  (c) after giving effect to this Amendment, all of
representations and warranties set forth in Article 6 of the Purchase Agreement
are true and correct in all material respects and no Default or Event of Default
has occurred and is continuing as of the date hereof.

F.       SURVIVAL. Except as expressly provided herein, the Purchase Agreement
         and the Subordination Agreement shall continue in full force and
         effect, and the unamended terms and conditions of the Purchase
         Agreement and the Subordination Agreement are expressly incorporated
         herein and ratified and confirmed in all respects. This Amendment is
         not intended to be or to create, nor shall it be construed as, a
         novation or an accord and satisfaction.

G.       EFFECT OF AMENDMENT. From and after the date hereof, references to the
         Purchase Agreement shall be references to the Purchase Agreement as
         amended hereby and references to the Subordination Agreement shall be
         references to the Subordination Agreement as amended hereby.

H.       ENTIRE UNDERSTANDING. This Amendment constitutes the entire agreement
         between the parties hereto with respect to the subject matter hereof.
         Neither this Amendment nor any provision hereof may be changed, waived,
         discharged, modified or terminated orally, but only by an instrument in
         writing signed by the parties required to be a party thereto pursuant
         to Section 10.4 of the Purchase Agreement.

I.       GOVERNING LAW. THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND
         BE GOVERNED BY THE LAW (WITHOUT GIVING EFFECT TO THE CONFLICT OF LAW
         PRINCIPLES THEREOF) OF THE STATE OF GEORGIA.

J.       COUNTERPARTS. This Amendment may be executed in any number of
         counterparts and by the different parties hereto on separate
         counterparts, each of which when so executed and delivered shall be an
         original, but all of which shall together constitute one and the same
         instrument.

                       [SIGNATURES TO FOLLOW ON NEXT PAGE]

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

                        COMPANY:

                        RAMSAY YOUTH SERVICES, INC.

                        By:
                            --------------------------------------------------
                                 Marcio C. Cabrera
                                 Executive Vice President

                        SUBSIDIARY GUARANTORS:

                        BETHANY PSYCHIATRIC HOSPITAL, INC., an Oklahoma
                        corporation

                        BOUNTIFUL PSYCHIATRIC HOSPITAL, INC., a Utah corporation

                        EAST CAROLINA PSYCHIATRIC SERVICES CORPORATION, a North
                        Carolina corporation

                        GREAT PLAINS HOSPITAL, INC., a Missouri corporation

                        GULF COAST TREATMENT CENTER, INC., a Florida corporation

                        H.C. CORPORATION, an Alabama corporation

                        HAVENWYCK HOSPITAL, INC., a Michigan corporation

                        HSA HILL CREST CORPORATION, an Alabama corporation

                        HSA OF OKLAHOMA, INC., an Oklahoma corporation

                        MICHIGAN PSYCHIATRIC SERVICES, INC., a Michigan
                        corporation

                                       4
<PAGE>   5

                        RAMSAY EDUCATIONAL SERVICES, INC., a Delaware
                        corporation

                        RAMSAY HOSPITAL CORPORATION OF LOUISIANA, INC., a
                        Louisiana corporation

                        RAMSAY LOUISIANA, INC., a Delaware corporation

                        RAMSAY MANAGED CARE, INC., a Delaware corporation

                        RAMSAY YOUTH SERVICES OF ALABAMA, INC., a Delaware
                        corporation

                        RAMSAY YOUTH SERVICES OF FLORIDA, INC., a Delaware
                        corporation

                        RAMSAY YOUTH SERVICES OF SOUTH CAROLINA, INC., a
                        Delaware corporation

                        RAMSAY YOUTH SERVICES PUERTO RICO, INC., a Puerto Rico
                        corporation

                        RHCI SAN ANTONIO, INC., a Delaware corporation

                        TRANSITIONAL CARE VENTURES, INC., a Delaware corporation

                        TRANSITIONAL CARE VENTURES (TEXAS), INC., a Delaware
                        corporation

                        By:
                            --------------------------------------------

                        Marcio C. Cabrera
                        Vice President

                                       5
<PAGE>   6

                                H.C. PARTNERSHIP

                                      By:  H.C. CORPORATION, an Alabama
                                            corporation, as a general partner
                                              By:
                                                  --------------------------
                                                Marcio C. Cabrera
                                                Vice President

                                      By:  HSA HILL CREST
                                      CORPORATION,
                                              an Alabama corporation, as a
                                              general partner

                                              By:
                                                  --------------------------
                                                Marcio C. Cabrera
                                                Vice President

                                       6
<PAGE>   7

                                      PURCHASERS:

                                      SUNTRUST BANKS, INC.

                                      By:
                                           -----------------------------------
                                           Robert L. Dudiak
                                           Group Vice President

                                      ING (U.S.) CAPITAL LLC

                                      By:
                                           -----------------------------------
                                           Steven G. Fleenor
                                           Director

                                       7<PAGE>   1
                                                                    EXHIBIT 10.1
                              EMPLOYMENT AGREEMENT

         THIS EMPLOYMENT AGREEMENT ("Agreement") is made and entered into as of
April 12th, 2001, by and between Michael J. Mark, an individual resident of the
State of Georgia ("Employee"), and Horizon Medical Products, Inc., a Georgia
corporation (the "Employer").

                              W I T N E S S E T H:

         WHEREAS, Employer desires to employ Employee and Employee desires to be
employed by Employer, on the terms and conditions hereinafter set forth;

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

         SECTION 1         EMPLOYMENT.

         Subject to the terms hereof, the Employer hereby employs Employee, and
Employee hereby accepts such employment. Employee will serve as Chief Operating
Officer of Employer and will be responsible for the day-to-day operations of
Employer, subject to the direction of the Board of Directors and as outlined in
the job description attached hereto as Exhibit "A". Employee agrees to devote
his full business time and best efforts to the performance of such duties that
the Board of Directors of Employer (the "Board of Directors") may assign
Employee from time to time and will report to the Board of Directors.

         SECTION 2         TERM OF EMPLOYMENT.

         The term of Employee's employment hereunder (the "Term") shall be from
April 16, 2001 (the "Effective Date") until termination upon the occurrence of
any of the following events, provided that the Term shall expire on April 16,
2004 if not previously terminated:

                  (I)      The death or total disability of Employee (total
                           disability meaning the failure to fully perform his
                           normal required services hereunder for a period of
                           three (3) consecutive months during the Term hereof,
                           by reason of mental or physical disability);

                  (II)     The termination by Employer of Employee's employment
                           hereunder, upon prior written notice to Employee, for
                           "good cause". For purposes of this Agreement, "good
                           cause" for termination of Employee's employment shall
                           exist (A) if Employee is convicted of, pleads guilty
                           to, or confesses to any felony or any act of fraud,
                           misappropriation, or embezzlement, (B) if Employee
                           has engaged in a dishonest act to the material damage
                           or prejudice of Employer or any subsidiary of
                           Employer, or in misconduct or unlawful or improper
                           activities materially damaging to the business of
                           Employer or any subsidiary of Employer, or (C) if
                           Employee fails to comply with the terms of this
                           Agreement, and, within thirty

<PAGE>   2

                           (30) days after written notice from Employer of such
                           failure, Employee has not corrected such failure or,
                           having once received such notice of failure and
                           having so corrected such failure, Employee at any
                           time thereafter again so fails, provided, that
                           Employee will be given the opportunity to explain his
                           position in the matter at a meeting of the Board of
                           Directors of Employer prior to any termination under
                           this clause (C), or (D) if Employee wilfully neglects
                           or breaches his duties or engages in intentional
                           misconduct in discharging his duties as an officer
                           and employee of the Employer, or (E) if Employee
                           fails to meet either quarterly or annual management
                           business objectives that are specifically established
                           for Employee by the Board of Directors or the
                           Compensation Committee of the Board of Directors and
                           that are agreed to by Employee;

                  (III)    The termination of this Agreement by Employee upon at
                           least ninety (90) days prior written notice;

                  (IV)     The termination of this Agreement by Employer without
                           cause upon at least thirty (30) days prior written
                           notice; or

                  (V)      The termination of this Agreement by mutual written
                           agreement of Employer and Employee.

         SECTION 3         COMPENSATION.

               3.1         TERM OF EMPLOYMENT. Employer will provide Employee
with the following salary, expense reimbursement, and additional employee
benefits during the term of employment hereunder:

                  (A)      SALARY. Employee will be paid a salary (the "Salary")
                           of no less than Two Hundred Thousand Dollars
                           ($200,000.00) per annum, less deductions and
                           withholdings required by applicable law. The Salary
                           shall be paid to Employee in equal monthly
                           installments (or on such more frequent basis as other
                           executives of Employer are compensated). The Salary
                           shall be reviewed by the Board of Directors or the
                           Compensation Committee of the Board of Directors (the
                           "Compensation Committee") of Employer on at least an
                           annual basis, but shall not be below $200,000.00.

                  (B)      BONUS. For each calendar year during the Term
                           commencing with the year 2001 and each quarter
                           beginning with the second quarter of 2001, Employee
                           will be entitled to earn (i) a quarterly bonus of
                           $15,000.00, based upon quarterly management business
                           objectives established by the Compensation Committee
                           or the Chief Executive Officer of Employer, and (ii)
                           an annual bonus of

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<PAGE>   3

                           $60,000.00 for each calendar year, based upon
                           criteria established by the Compensation Committee or
                           the Chief Executive Officer of Employer.

                  (C)      CAR ALLOWANCE. Employer shall provide Employee with a
                           monthly automobile allowance of $1,000.00.

                  (D)      VACATION. Employee shall receive four (4) weeks
                           vacation time per calendar year during the term of
                           this Agreement commencing with the year 2001. Any
                           unused vacation days in any calendar year may not be
                           carried over to subsequent years.

                  (E)      EXPENSES. Employer shall reimburse Employee for all
                           reasonable and necessary expenses incurred by
                           Employee at the request of and on behalf of Employer.
                           Reimbursement requests will comply with the
                           Employer's procedures and policies and must be
                           approved by the Chief Executive Officer.

                  (F)      BENEFIT PLANS. Employee may participate in such
                           medical, dental, disability, hospitalization, life
                           insurance, and other benefit plans (such as pension
                           and profit sharing plans) as Employer maintains from
                           time to time for the benefit of vice-president
                           executives of Employer, on the terms and subject to
                           the conditions set forth in such plans, including
                           without limitation Employer's 401(k) Plan.

                  3.2      EFFECT OF TERMINATION. Except as hereinafter
provided, upon the termination of the employment of Employee hereunder for any
reason, Employee shall be entitled to all compensation and benefits earned or
accrued under Section 3.1 as of the effective date of Termination (the
"Termination Date"), but from and after the Termination Date no additional
compensation or benefits shall be earned by Employee hereunder. Except in the
case of a termination of the employment of Employee pursuant to Section 2(ii)
hereof or a termination by Employee of Employee's employment pursuant to Section
2(iii) hereof, Employee shall be deemed to have earned any bonus payable with
respect to the quarter and calendar year in which the Termination Date occurs on
a prorated basis (with the bonus calculated as of the end of the quarter and the
year in which the Termination Date occurs and with proration through the
Termination Date).

                  If Employee's employment is terminated by Employer pursuant to
Section 2(ii) hereof prior to April 16, 2002, then Employer shall continue to
pay Employee his normal Salary pursuant to Section 3.1(a) for six (6) months
during the Termination Period (as defined below) in periodic payments (on the
same basis as if Employee continued to serve as an employee hereunder for such
period), and Employee shall continue to be eligible to receive his automobile
allowance and to have Employer pay his individual premiums for his COBRA health
insurance benefits during such six (6) month Termination Period without any
additional expense to Employee. If Employee's employment hereunder is terminated
by Employer pursuant to Section 2(iv) hereof, then, in addition to any other
amount payable hereunder, Employer shall continue to

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<PAGE>   4

pay Employee his normal Salary pursuant to Section 3.1(a) during the applicable
Termination Period (as defined below) in periodic payments (on the same basis as
if Employee continued to serve as an employee hereunder for such period) and
Employee shall continue to be eligible to receive his automobile allowance and
to have Employer pay his individual premiums for his COBRA health insurance
benefits during the applicable Termination Period without any additional expense
to Employee. The "Termination Period" shall mean a period that commences on the
Termination Date and continues thereafter for (i) six (6) months if Employee is
given notice of termination by Employer prior to April 16, 2002 under either
Section 2(ii) or Section 2(iv) hereof, and (ii) twelve (12) months if Employee
is given notice of termination by Employer under Section 2(iv) hereof after
April 15, 2002.

                  If within thirty (30) days after the effective date of an
acquisition of Employer (as a result of a merger, sale of substantially all of
Employer's assets, sale of more than fifty percent (50%) of Employer's
outstanding shares, or otherwise), Employer or its successor has not offered to
Employee a position of employment (under which employment Employee would have an
office within a fifty (50) mile radius of his home in Suwanee or a fifty (50)
mile radius of the Employer's office in Manchester, Georgia) that is mutually
acceptable to Employee and Employer or its successor, then Employee may
thereafter resign from his employment under Section 2(iii) above and in the
event of such resignation Employer or its successor shall continue to pay
Employee his normal Salary pursuant to Section 3.1(a) during the Termination
Period in periodic payments (on the same basis as if Employee continued to serve
as an employee hereunder for such period) and Employee shall continue to be
eligible to receive his automobile allowance and to have Employer pay his
individual premiums for his COBRA health insurance benefits during the
Termination Period without any additional expense to Employee.

         SECTION 4         STOCK OPTIONS.

         The Compensation Committee of the Board of Directors of the Employer
will grant to Employee options to purchase One Hundred Fifty Thousand (150,000)
shares of common stock of Employer under and subject to Employer's 1998 Stock
Incentive Plan (the "Plan"), and Employer will use its best efforts to finalize
such grant prior to May 1, 2001. The option price will be the closing stock
price on the day the options are granted by the Compensation Committee. The
options will vest on the following schedule under the Plan: one-third on the
first anniversary date of the Effective Date, one-third on the second
anniversary date of the Effective Date, and one-third on the third anniversary
date of the Effective Date.

         If the shareholders of Employer at the annual meeting of shareholders
scheduled for May 8, 2001 approve the proposed increase in the number of shares
that are authorized and available for options under the Plan, the Compensation
Committee will grant to Employee options to purchase fifty thousand (50,000)
shares of common stock of Employer under and subject to the Plan. The option
price will be the closing stock price on the date the options are granted by the
Compensation Committee, and the options will vest on the following schedule
under the Plan: one-third on the first anniversary date of the Effective Date,
one-third on the second anniversary date of the Effective Date, and one-third on
the third anniversary date of the Effective Date.

                                      -4-
<PAGE>   5

         Any of the options that are granted to Employee and that are not vested
shall fully and immediately vest and become exercisable upon a Change in Control
of Employer (as defined in the Plan).

         SECTION 5         NON-DISCLOSURE OF TRADE SECRETS AND CONFIDENTIAL
                           INFORMATION; INVENTIONS.

                  5.1      TRADE SECRETS. During the term of the Employee's
employment by the Employer and after the termination of such employment, whether
such termination is by the Employee or the Employer, the Employee shall not use
or disclose, or permit any unauthorized person access to, any Trade Secrets
belonging to the Employer or any third party whose Trade Secrets are in the
possession of the Employer.

                  5.2      CONFIDENTIAL INFORMATION. During the term of the
Employee's employment by the Employer and for a period of two (2) years after
termination of such employment, whether such termination is by the Employee or
by the Employer, the Employee shall not use or disclose, or permit any
unauthorized person access to, any Confidential Information belonging to the
Employer or any third party whose Confidential Information is in the possession
of the Employer.

                  5.3      DELIVERY OF INFORMATION. Upon request of the
Employer and in any event upon the termination of employment with the Employer,
the Employee shall deliver to the Employer all memoranda, notes, records, tapes,
documentation, disks, manuals, files, or other documents, and all copies
thereof, concerning or containing Confidential Information or Trade Secrets that
are in the Employee's possession, whether made or compiled by the Employee or
furnished to the Employee by the Employer.

                  5.4      DEFINITION OF TRADE SECRETS. For purposes of this
Agreement, "Trade Secrets" shall refer to the trade secrets of the Employer as
that term is defined in the Official Code of Georgia Annotated, ss.10-1-761, as
amended from time to time. Trade Secrets also include any information described
herein which the Employer obtains from a third party, which Employer or such
third party treats as proprietary or designates as Trade Secrets, whether or not
owned or developed by the Employer.

                  5.5      DEFINITION OF CONFIDENTIAL INFORMATION. For purposes
of this Agreement, "Confidential Information" shall mean any data or
information, other than Trade Secrets, that is of value to the Employer and is
not generally known to competitors of the Employer and that is treated by the
Employer as confidential (whether or not such material or information is marked
"confidential"). To the extent consistent with the foregoing and to the extent
not Trade Secrets, Confidential Information includes, but is not limited to,
lists of any information about the Employer's executives and employees,
marketing techniques, price lists, pricing policies, business methods,
manufacturing processes and records, product design or inventions, regulatory
files and information, supplier and vendor information and contracts, and
financial information. Confidential Information also includes any information
described in this paragraph which the Employer obtains from a third party, which
the Employer or the third party

                                      -5-
<PAGE>   6

treats as proprietary or designates as Confidential Information, whether or not
owned or developed by the Employer.

                  5.6      DEFINITION OF EMPLOYER. For purposes of this Section
5, the term "Employer" includes Horizon Medical Products, Inc. and its
subsidiaries.

                  5.7      INVENTIONS. Any invention developed by Employee
during the course of his employment while working at Employer shall be the sole
property of Employer, and Employee agrees to execute an appropriate assignment
instrument upon request by Employer transferring all rights in any such
invention to Employer.

         SECTION 6         NON-COMPETITION AND NON-SOLICITATION OF EMPLOYEES.

                  6.1      NON-COMPETITION. During the Term and for the period
of years described below after the termination of Employee's employment with
Employer, whether such termination is by Employee or Employer, or after
expiration of the Term, Employee shall not, on his own behalf or on behalf of
others, engage within the United States as chief executive officer or chief
operating officer for any company or firm (or chief executive officer or head of
any business unit or division of any such company or firm) that manufactures or
markets products that compete with any products of the Employer. The period of
years for the non-competition covenant in the preceding sentence shall be (i)
six (6) months after such termination of employment if Employee's employment is
terminated prior to April 16, 2002, and (ii) one (1) year after such termination
of employment if Employee's employment is terminated on or after April 16, 2002,
and (iii) one (1) year after expiration of the Term.

                  6.2      NON-SOLICITATION. For a period of two (2) years after
the termination of his employment with Employer, whether such termination is by
Employee or Employer, Employee, on his own behalf or on behalf of others, shall
not hire or induce or solicit to leave employment with Employer any employee of
Employer.

         SECTION 7         MISCELLANEOUS.

                  7.1      INDEMNIFICATION. Employee is entitled to
indemnification from Employer for claims against Employee in his capacity as an
officer or employee of Employer in the manner provided in the bylaws of Employer
and Georgia law.

                  7.2      SEVERABILITY. The covenants in this Agreement shall
be construed as covenants independent of one another and as obligations distinct
from any other contract between Employee and Employer. The invalidity or
unenforceability of any particular provision of this Employment Agreement shall
not affect the other provisions hereof, and this Employment Agreement shall be
construed in all respects as if such invalid or unenforceable provision were
omitted. Any claim that Employee may have against Employer shall not constitute
a defense to enforcement by Employer of this Agreement.

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<PAGE>   7

                  7.3      NOTICES. Any and all notices hereunder should be
given in writing by personal delivery or by certified United States mail (return
receipt requested), and addressed to such party at the addresses designated
below:

                           EMPLOYER:        Horizon Medical Products, Inc.
                                            ATTN:  CHIEF EXECUTIVE OFFICER
                                            Seven North Parkway Square
                                            4200 Northside Parkway, N.W.
                                            Atlanta, Georgia  30327

                           EMPLOYEE:        Michael J. Mark
                                            118 Riverview Drive
                                            Suwanee, Georgia  30024

or at such other address or number for a party as shall be specified by like
notice. Any notice which is delivered in the manner provided herein shall be
deemed to have been duly given to the party to whom it is directed upon actual
receipt by such party or its agent.

                  7.4      BINDING EFFECT.  This Agreement inures to the
benefit of, and is binding upon, Employer and its successors and assigns, and
Employee, together with Employee's executor, administrator, personal
representative, heirs, and legatees.

                  7.5      ENTIRE AGREEMENT. This Agreement is intended by the
parties hereto to be the final expression of their agreement with respect to the
subject matter hereof and is the complete and exclusive statement of the terms
thereof, notwithstanding any representations, statements, or agreements to the
contrary heretofore made. This Agreement supersedes and terminates all prior
employment and compensation agreements, arrangements, and understandings between
or among Employer and Employee. This Agreement may be modified only by a written
instrument signed by all of the parties hereto.

                  7.6      GOVERNING LAW. This Agreement shall be deemed to be
made in, and in all respects shall be interpreted, construed, and governed by
and in accordance with, the laws of the State of Georgia. No provision of this
Agreement shall be construed against or interpreted to the disadvantage of any
party hereto by any court or other governmental or judicial authority or by any
board of arbitrators by reason of such party or its counsel having or being
deemed to have structured or drafted such provision.

                  7.7      HEADINGS. The section and paragraph headings
contained in this Agreement are for reference purposes only and shall not affect
in any way the meaning or interpretation of this Agreement.

                  7.8      SPECIFIC PERFORMANCE. Each party hereto hereby
agrees that any remedy at law for any breach of the provisions contained in
Section 5 or Section 6 of this Agreement shall be inadequate and that the other
parties hereto shall be entitled to specific performance and any other
appropriate injunctive relief in addition to any other remedy such party might
have under this Agreement or at law or in equity.

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<PAGE>   8

                  7.9      COUNTERPARTS. This Agreement may be executed in two
or more counterparts, each of which shall be deemed to be an original, but all
of which together shall constitute one and the same instrument.

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

                                 HORIZON MEDICAL PRODUCTS, INC.

                                 By:    /s/ Marshall B. Hunt
                                    ------------------------------------------
                                    Marshall B. Hunt, Chief Executive Officer

                                 EMPLOYEE:

                                        /s/ Michael J. Mark
                                 ---------------------------------------------
                                 Michael J. Mark

<PAGE>   9

                       EXHIBIT "A" TO EMPLOYMENT AGREEMENT

                         Horizon Medical Products, Inc.

                              Description of Duties

He is responsible for the plans, policies, and profitability of the total
company. His major objective is to achieve the plan, which will maximize value
for the shareholders and creditors. He is responsible for bank relations and
communications. He serves much as the CEO and should be promotable to that
position within two years. Specific duties are as follows, but not limited to:

         -        Board relations and communications

         -        Bank relations and communications

         -        Achievement of the sales and profit objectives of the company

         -        Compliance with the policies and procedures of the company

         -        Compliance and modifications where necessary to the Business
                  Strategic Plan for 2001-2004

         -        Utilization of the Chairman and Vice Chairman to assist him in
                  the accomplishment of this objectives

         -        Utilization and direction of the manufacturing division of the
                  company

         -        Utilization and direction of sales and marketing of the
                  company

         -        Direction and utilization of IT and financial/administrative
                  functions.

In summary, he is responsible for all that happens or fails to happen in the
company.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00025-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00025-of-00352.parquet"}]]