Document:

Prepared and filed by St Ives Financial

 Exhibit 10.2

AMENDMENT DATED AUGUST 30, 2005 TO EMPLOYMENT AGREEMENT

     The EMPLOYMENT AGREEMENT dated May 1, 2003 between PALL CORPORATION, a New York Corporation (the “Company”) and Marcus Wilson (“Executive”) as amended by AMENDMENT DATED NOVEMBER 19, 2003 TO EMPLOYMENT AGREEMENT (said Employment Agreement as so amended being hereinafter called the “Agreement”) is hereby further amended by adding, after §3 (d) of the Agreement, three new subsections reading and providing as follows: 

	 	
     “(e)      Severance.
In the event that, after the occurrence of a Change in Control (as defined in
the Bonus Plan) the Term of Employment is terminated by Executive by the giving
of notice under §4(c) hereof, Executive shall be entitled to receive from
the Company, as severance pay, a single lump sum cash payment in an amount equal
to the present value, determined as of the date on which the Term of Employment
ends as specified in Executive’s termination notice, of (i) the Base Salary
that would have been paid to Executive during or with respect to the 24-month
period following the end of the Term of Employment if Base Salary had continued
to be payable to Executive during or with respect to such period at the same
annual rate at which Executive’s Base Salary was payable immediately prior
to the end of the Term of Employment (the “Base Salary Severance Component”)
and (ii) an amount (the “Bonus Severance Component”) equal to the
Base Salary Severance Component multiplied by Executive’s Target Bonus
Percentage under §3 (b) of the Agreement as in effect on the date on which
the Term of Employment ends as specified in Executive’s termination notice.
In determining such present value, it shall be assumed (i) that the Base Salary
Severance Component is payable in equal periodic installments, at the same times
that Executive’s Base Salary would have been payable if the Term of Employment
had not ended and (ii) that Bonus Severance Component of the severance pay, provided
for in clause “(ii)” of the preceding sentence, is payable in two
equal installments, at the end of the 12th month and the 24th month of such 24-month
period. In determining such present value, the discount rate to be used

 

 

	 	
  shall be equal to the yield to maturity on the
      issue of two-year U.S. Treasury Notes most recently offered by the U.S.
      Treasury Department for sale to the public prior to the date on which the
      Term of Employment ends. The severance payment provided for herein shall
      be made within 20 days after the end of the Term of Employment to Executive
      (or if Executive has died, to “Executive’s
Successor” as defined in §3(f) below).

       (f)      Delay
        in Payment. Notwithstanding
        any provision in this Agreement to the contrary, any payment otherwise
        required to be made hereunder to Executive at any date as a result of
      the termination of the Term of Employment shall be delayed for such period
        of time as may be necessary to meet the requirements of section 409A(a)(2)(B)(i)
        of the Internal Revenue Code of 1986 as amended (the “Code”).
        On the earliest date on which such payments can be made without violating
        the requirements of section 409A(a)(2)(B)(i) of the Code (the “Delayed
        Payment Date”), there shall be paid to Executive (or if Executive
        has died, to “Executive’s Successor” as the quoted
        term is defined below), in a single cash lump sum, an amount equal to
        the aggregate amount of all payments delayed pursuant to the preceding
        sentence, plus interest thereon at the Delayed Payment Interest Rate
        (as defined below) computed from the date on which each such delayed
        payment otherwise would have been made to Executive until the Delayed
        Payment Date. For purposes of the foregoing: (i)  “Executive’s
        Successor” shall mean such payee or payees as Executive shall at
        any time (whether during or after the Term of Employment) designate by
        written notice to the Company or in his last will and testament or, if
        no such designation is made, then to the legal representatives of Executive’s
        estate, and (ii) the “Delayed Payment Interest Rate” shall
    mean the national average annual rate of interest payable on jumbo six-month
    bank certificates of deposit, as quoted in the business section of the most
    recently published Sunday edition of the New York Times preceding
    the date on which the Term of Employment ends.

	 	 
	 	
     (g)     Section
4999 Excise Tax.  If any payments to Executive, whether under this Agreement
or otherwise, would be subject to excise tax under section

-2-

 

	 	4999 of the Code, then payments hereunder
        shall be reduced or deferred to the extent required (and only to the
        extent required) to avoid the application of section 4999; provided, however,
        that no such reduction or deferral shall be made unless as a result thereof
        Executive’s after-tax economic position (taking into account not
        only payments under this Agreement and the taxes thereon, but also the
        taxes that would otherwise be imposed on any payments to which Executive
        is otherwise entitled) would be improved. In making the determination
        whether Executive’s after-tax economic position would be so improved,
        the judgment of a certified public accountant or attorney chosen by Executive
        shall be final. In the event of a reduction or deferral of payments pursuant
        to this paragraph, Executive shall be entitled to specify which payments
    shall be reduced or deferred.”

Words and terms used herein with initial capital letters and not defined herein are used herein as defined in the Agreement.

This Amendment is effective on and as of the date first set forth above and the Agreement, as amended hereby, shall continue in full force and effect in accordance with its terms.

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

	 	PALL CORPORATION
	 	 
	 	By: ________________________ 
	 	     Eric Krasnoff, 
	 	     Chief Executive Officer
	 	 
	 	 
	 	EXECUTIVE
	 	 
	 	____________________________ 
	 	     Marcus Wilson

-3-Exhibit 10.13

    
      

    

    
      EXHIBIT
        10.13

      

      2003
        EQUITY INCENTIVE PLAN

       

      MEDIWARE
        INFORMATION SYSTEMS, INC.

       

      STOCK
        OPTION AGREEMENT

       

      THIS
        AGREEMENT,
        made as
        of the Grant Date set forth below, by and between Mediware Information Systems,
        Inc., a New York corporation having its principal place of business at the
        address set forth below (hereinafter called the “Company”), and the individual
        whose name and address appear below on the first page of this Agreement
        (hereinafter called “Optionee”).

      

      WHEREAS,
        the
        terms and conditions of the Options (the "Options") granted to Optionee and
        evidenced by this Agreement are as follows:

      

      
        	 	
                Name
                  of Optionee:

              	 	
                Grant
                  Date:

              
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	
                Address
                  of Optionee:

              	 	
                Type
                  of Option:

              
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	
                Number
                  of Option Shares: 

              
	 	 	 	 
	 	 	 	
                Expiration
                  Date:

              
	 	 	 	 
	 	 	 	
                Exercise
                  Price Per Share: 

              
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	 	
                Vesting
                  Date Provisions:

              
	 	 	 	 
	 	 	 	
                Vesting
                  

                Schedule

              	
                Shares
                  

                Becoming
                  

                Exercisable

              

      

       

       

      Company
        Address: 
        11711
        W.
        79th
        Street,
        Lenexa, KS 66214

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

      WHEREAS,
        Optionee
        is an employee of the Company; and 

      

      WHEREAS,
        as an
        incentive for the Optionee and as compensation and a benefit to him or her
        for
        serving as an employee, the Company has offered to issue, and the Optionee
        has
        agreed to accept, options to purchase shares of common stock of the Company
        pursuant to the Mediware Information Systems, Inc. 2003 Equity Incentive
        Plan
        (the “Plan”).

      

      NOW,
        THEREFORE,
        in
        consideration of the mutual covenants hereinafter set forth and for other
        good
        and valuable consideration, the parties hereto hereby agree as
        follows:

      

      1.    Grant
        of Options.
        Pursuant to and subject in all respects to the provisions of the Plan, the
        Company -hereby grants to the Optionee, under the terms and conditions set
        forth
        in this Agreement and the Plan, as of the Grant Date, Options to purchase
        the
        aggregate number of shares of common stock, par value $.10 per share, of
        the
        Company (“Common Stock”) set forth above on the first page of this Agreement
        subject to adjustment in accordance herewith (which shares are hereinafter
        called “Option Shares”). The Option Shares may be purchased by exercising the
        Options in accordance with the terms of this Agreement, at the exercise price
        per share set forth on the first page of this Agreement, which price is not
        less
        than 100% of the Fair Market Value of a share of Common Stock on the date
        of
        grant. Terms defined in the Plan shall have the same meaning in this Agreement
        unless the context requires otherwise.

      

      2.    Vesting
        of Options.
        The
        Options shall vest as set forth on the first page of this Agreement. The
        Options
        shall remain exercisable until the “Expiration Date” set forth on the first page
        of this Agreement unless earlier terminated as provided herein. 

      The
        Options and exercisability of the Options shall be subject in all respects
        to
        the terms and conditions set forth in this Agreement, all other terms and
        conditions of the Plan and any rules, regulations or other determinations
        of the
        Compensation Committee of the Board of Directors (the “Committee”). Unless
        specifically indicated on the first page of this Agreement, it is not intended
        that the Options shall be incentive stock options for the purposes of the
        Internal Revenue Code of 1986, as amended (the "Code").

      If
        a
        Change of Control, as described in Section 9.6 of the Plan occurs, all Options
        shall become fully vested and fully exercisable immediately upon the occurrence
        of the Change of Control. 

      

      3.    Transferability.
        Subject
        to the exceptions noted in Section 6.6 of the Plan, no Option shall be
        transferable other than by will or the laws of descent and distribution.
        

      

      4.    Exercisable
        only during Employment; Death; Disability.
        During
        the lifetime of Optionee, the Options shall be exercisable only by such Optionee
        (or his or her court-appointed legal representative) subject to the terms
        of the
        Plan.

      

      5.    Confidential
        Information; Forfeiture;.

      (a)    The
        Optionee hereby acknowledges and agrees that any limitations and restrictions
        relating to the Optionee’s receipt and use of any confidential information under
        any other agreement between the Optionee and the Company shall be incorporated
        into this Agreement, and any unexercised Options shall be forfeited immediately
        upon a breach of such undertaking as determined reasonably by the Committee
        and
        set forth in a notice given to the Optionee and Company, any such determination
        to be final and binding on all parties.

      

      (b)  
         Any unexercised Options that have been awarded to the Optionee shall be
        terminated if the Committee determines that the Optionee’s employment has been
        terminated for Cause, as stated in Section 9.4 of the Plan. 

      

      (c)  
         Optionee acknowledges and agrees that the Restrictive Covenants (as
        defined below) are reasonable and necessary for the protection of the Company’s
        business interests. Nothing contained herein shall be construed as prohibiting
        the Company from pursuing any other remedies available to it including equitable
        relief and the recovery of any damages.

      

      (d)  
         If any court of competent jurisdiction shall at any time deem any term of
        this Agreement or any provision or provisions of any covenant, undertaking
        or
        agreement on the part of the Optionee contained in this Section 5, or
        incorporated by reference herein, (“Restrictive Covenants”) too lengthy or too
        restrictive or the territory too extensive, the other terms and provisions
        of
        Section 5 shall nevertheless stand, the restrictive periods shall be deemed
        to
        be the longest periods permissible by law under the circumstances, the other
        restrictive provisions and conditions shall be the most protective to the
        Company as may be permissible under law in the circumstances, and the territory
        in which activities are restricted shall be deemed to comprise the largest
        territory permissible by law under the circumstances. The court in each case
        shall reduce the Restrictive Covenants, time period, territory and/or other
        restrictions or provisions to the maximum permissible duration or size or
        reasonable restriction. 

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

      

      6.    No
        Rights as a Shareholder.
        Optionee shall have no rights as a shareholder with respect to any Shares
        covered by this Agreement until Optionee becomes the holder of record of
        such
        Shares, and Optionee shall not be entitled to any dividends or distributions
        or
        other rights in respect of such Shares for which the record date is prior
        to the
        date on which Optionee shall have become the holder of record
        thereof.

      

      7.    Adjustment
        in Option Shares; Change of Control.
        Optionee shall be entitled to appropriate adjustments to the number of Option
        Shares and/or their Exercise Price, as determined by the Committee in accordance
        with Section 9.1 of the Plan, in order to preserve the benefits or potential
        benefits intended to be made under this Agreement in the event of any stock
        dividend, extraordinary cash dividend, reclassification, recapitalization,
        reorganization, split-up, spin-off, combination, exchange of shares, warrants
        or
        rights offering to purchase Shares, or other corporate event (including mergers
        or consolidations).

      

      8.    Exercise.
        The
        exercise of an Option must be by written notice to the Company at its principal
        place of business which must state the election to exercise the Option, the
        number of shares for which the Option is being exercised and such other
        representations and agreements as to the Optionee's investment intent with
        respect to such shares as may be required pursuant to Article VII of the
        Plan.
        The written notice must be signed by the Optionee and must be delivered in
        person, by certified or registered mail, return receipt requested, or by
        confirmed facsimile transmission, to the Chief Financial Officer or other
        authorized representative of the Company, prior to the termination of the
        Option, accompanied by full payment of the exercise price for the number
        of
        shares being purchased. The Option Shares to be purchased upon each exercise
        of
        any Option shall be paid for in full at the time of such exercise, such payment
        to be made (i) cash, (ii) check, (iii) promissory note, (iv) the tendering,
        by
        either actual delivery or by attestation, of those shares of Stock, having
        a
        Fair Market Value as of the day of exercise equal to the aggregate exercise
        price, or (v) through a special sale and remittance procedure pursuant to
        which
        the Optionee shall concurrently provide irrevocable written instructions
        as
        provided in Section 7.3 of the Plan.

      

      9.    Compliance
        with Laws and Regulations.
        The
        grant and exercise of the Options, and the Company’s obligation to sell and
        deliver stock hereunder, are subject to such approvals by any regulatory
        or
        governmental agency as may be required and shall comply with all relevant
        provisions of applicable Federal and state laws, rules and regulations,
        including, without limita-tion, the Securities Act of 1933, as amended (the
        "Securities Act"), the Securities Exchange Act of 1934, as amended, state
        securities laws, the rules and regulations promul-gated thereunder, and the
        require-ments of any stock exchange or of any quotation association or
        organization upon which the Option Shares may then be listed or quoted, and
        shall be further subject to the approval of counsel for the Company with
        respect
        to such compliance. The Company may imprint any legends on the Option Shares
        restricting their subsequent sale or transfer that may be required by state
        or
        Federal law.

      

      Unless
        the Option Shares shall be duly registered under the Securities Act and
        registered, qualified or authorized under applicable state securities law,
        the
        Optionee, by accepting these Options, represents and warrants for himself
        and
        any other person or persons properly exercising these Options that any and
        all
        shares purchased hereunder shall be acquired for investment and not with
        the
        intention to sell or distribute such shares and agrees to deliver to the
        Company, upon request, a written representation that the shares being purchased
        are being acquired for investment and not with a present intention of sale
        or
        with a view to distribution, and a consent that the certificate representing
        such shares be endorsed to indicate such representation. The Company shall
        not
        be liable in the event it is unable to issue or sell shares of Common Stock
        or
        other securities to the Optionee if such issuance or sale would be unlawful,
        nor
        shall the Company be liable if the issuance or sale of shares of Common Stock
        or
        other securities to an Optionee is subsequently invalidated.

      

      So
        long
        as is required, in the opinion of the Company’s general counsel, to avoid
        adverse tax, legal or accounting consequences to the Company, Optionee may
        not
        exercise an Option through the tendering, by either actual delivery or by
        attestation, of whole Shares unless the Committee specifically authorized
        such a
        transaction in the applicable Agreement.

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      10.   Withholding.
        Option
        shall be required to pay the Company at the time of exercise of a Nonqualified
        Option, such amount as the Company deems necessary to satisfy the Company’s
        obligation to withhold federal or state income or other taxes incurred by
        reason
        of the exercise or the transfer of Shares thereupon. Optionee my satisfy
        such
        withholding requirements by having the Company withhold from the number of
        Shares otherwise issuable upon exercise of the Option that number of shares
        having an aggregate Fair Market Value on the date of exercise equal to the
        minimum amount required by law to be withheld or such other amount that may
        not
        be exceeded in the opinion of the Independent Auditor, to avoid adverse
        financial accounting results.

      

      11.   Employment
        Rights.
        Nothing
        contained in the Plan or in this Option Agreement shall confer upon the Optionee
        any right to be employed by, or to be continued in the employ of, the Company
        or
        of any of its subsidiaries or interfere in any way with the right of the
        Company
        or any subsidiary by whom such person may be employed to terminate his
        employment at any time.

      

      12.   Notice
        of Disposition.
        If
        these Options shall be incentive stock options the following shall apply:
        Optionee or his estate or legal representative shall immediately notify the
        Company in the event of any disposition of any kind by him of Option Shares
        acquired pursuant to these Options. If the disposition shall be a
“disqualifying” disposition within the meaning of Section 422 of the Code, the
        Optionee or his estate or legal representation shall immediately pay any
        federal, state or local taxes owing by reason of the exercise or disposition
        and
        provide proof of payment to the Company.

      

      13.   Notices.
        Any
        notice or other communication required or permitted hereunder shall be in
        writing and shall be delivered personally (including by courier or overnight
        carrier), or sent by facsimile transmission, or by certified or registered
        first
        class mail, postage prepaid. Any such notice shall be deemed given when so
        delivered personally; or if sent by facsimile transmission, when transmitted;
        or, if mailed, forty-eight (48) hours after the date of deposit in the mail,
        as
        follows:

      

      
        	 	
                (i)

              	
                if
                  to the Company, to Chief Financial Officer, Mediware Information
                  Systems,
                  Inc., 11711 W. 79th Street, Lenexa, KS 66214, telecopier (913)
                  307-1166
                  and 

              

      

      

      
        	 	
                (ii)

              	
                if
                  to the Optionee, to the address set forth on the first page of
                  this
                  Agreement.

              

      

      

      14.   Interpretation
        of this Agreement.
        Any
        dispute regarding the interpretation of this Agreement shall be resolved
        in
        accordance with the Plan and may be submitted by the Optionee or by the Company
        forthwith to the Committee for resolution, which shall review such dispute
        at
        the time of the next regular meeting of the Board or such Committee, or earlier
        at the Committee’s discretion. The decision of the Committee, as the case may
        be, with regard to such dispute shall be final and binding upon the Company
        and
        upon the Optionee.

      

      15.   Successors
        and Assigns.
        This
        Agreement shall be binding on all successors and permitted assigns as provided
        in the Plan.

      

      16.   Governing
        Law.
        This
        Agreement shall be governed by and construed in accordance with the laws
        of the
        State of Kansas, without giving effect to the principles of conflicts of
        law.

      

      17.   Amendments.
        No
        provision of this Agreement shall be modified, amended, extended or waived
        except in writing signed by the parties hereto or as otherwise be permitted
        or
        con-templated by the Plan.

      

      

      REMAINDER
        OF PAGE INTENTIONALLY LEFT BLANK

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      IN
        WITNESS WHEREOF,
        the
        Company has caused this Agreement to be duly executed by its duly authorized
        officer, and Optionee has executed this Agreement, all as of the date and
        year
        first above written.

       

      

        
          	 	
                  MEDIWARE
                    INFORMATION SYSTEMS, INC.

                
	 	 	 
	 	 	 
	 	 	 
	 	
                  By:

                	
                     

                	 
	 	 	 
	 	
                  Name:

                	
                  George
                    J. Barry

                
	 	
                  Title:

                	
                  President
                    & CEO

                
	 	 	 
	 	 	 
	 	 	 
	 	
                  Optionee

                
	 	 	 
	 	 	 
	 	
                    

                	 
	 	 	 
	 	 	 
	 	
                  Print
                    Name:

                

        

      

       

    

    
       

      5

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