Exhibit 10.103


                     THIRD PARTY DEBT GUARANTOR AGREEMENT

This Third Party Debt Guarantor Agreement (this "Agreement"), made this 30th day
of  March,  2006 and effective as of 6/14/02, with respect to the fee earned for
lending  personally  owned  collateral  to  the  Company  (discussed  below) and
effective  as  of  6/14/02, with respect to the strike price of warrants granted
hereunder  and  the  provisions regarding Other Amounts as provided herein is by
and  between American Leisure Holdings, Inc., ("AMLH") and various third parties
who  may  guarantee  the  debt of AMLH in the future ("Third Party Guarantors").
The  Third  Party Guarantors and AMLH are collectively referred to herein as the
"Parties"  and  individually  as  a  "Party."

                                   WITNESSETH

Whereas,  AMLH  is  engaged  in  corporate enterprises which often require third
party  financing;

Whereas,  this  financing  sometimes  requires  the  guarantee  of certain third
parties  who  are  not  affiliated  with  AMLH;

Whereas  the  Parties  desire  to enter into this Agreement to provide for those
Third  Party  Guarantors  to  receive warrants to purchase shares of AMLH common
stock  in  connection  with  their  guaranties;  and

Now,  therefore, in consideration of the mutual promises herein contained, it is
agreed  as  follows.

1.  The  Parties  agree  that  while  AMLH may ask the Third Party Guarantors to
provide  guarantees  or  to  provide  collateral  for  debts  of  AMLH  or  its
subsidiaries,  no Third Party Guarantors are obligated in any context to provide
such  guarantees  or  collateral.

2. In the event that any Third Party Guarantor makes a guarantee for the benefit
of  AMLH  in  conjunction with third party financing, such Third Party Guarantor
shall  earn  a  fee  for such guarantee equal to three percent (3%) of the total
original  indebtedness.  The  fee shall be paid by the issuance of one (1) stock
warrant  for  the  common stock of AMLH at a strike price of $1.02 per share for
each  dollar  of  such  fee  which  is exercisable for a period beginning on the
effective date of the grant (which shall be the date that the Party provides the
personal  guarantee)  and  ending  five  (5)  years  after the date the Party is
released  or  otherwise  no  longer obligated to provide the personal guarantee.
If,  for  example,  a  Third  Party  Guarantor  was  to  guarantee $6,000,000 of
indebtedness on May 12, 2005, and was released from such guarantee on October 2,
2005,  the  Party would be entitled to a fee of $180,000 payable to the Party in
the  form  of  warrants  to purchase 180,000 shares of common stock of AMLH at a
strike  price of $1.02 per share which would be exercisable from May 12, 2005 to
October  1,  2010.  In the event that AMLH defaults regarding the payment of any
amounts  including  accrued  interest,  but  excluding  the  total  original
indebtedness (the "Other Amounts") pursuant to the terms of any indebtedness for
which  such  Third  Party Guarantor has provided a guarantee, then in that event
such  Party  shall  each  earn  a  fee  equal to three percent (3%) of the Other
Amounts  payable  in  the  manner  described  above and exercisable for a period
beginning  on  the  date of default and ending five (5) years after the date the
Party  is  no  longer  liable  for  the  Other  Amounts.

3.  In  the  event  that  the  Third  Party  Guarantor provides personally owned
collateral  for  the  benefit of AMLH in conjunction with third party financing,
whether  or not coupled with hypothecation or a personal guarantee, then in that
event  such  Party  shall  earn  an additional fee for such pledge of personally
owned  collateral  equal to two percent (2%) of the total original indebtedness.

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The  fee  shall  be paid by the issuance of one (1) stock warrant for the common
stock  of  AMLH at a strike price of $1.02 per share for each dollar of such fee
which  is  exercisable for a period beginning on the effective date of the grant
(which  shall  be  the  date  that  the  Party  provides  the  personally  owned
collateral)  and  ending  five  (5)  years  after  the date the personally owned
collateral  is released or otherwise no longer subject to the indebtedness.  If,
for  example,  the  Third  Party  Guarantor  was  to  provide  personally  owned
collateral  for  $6,000,000  of indebtedness on May 12, 2005, and the personally
owned collateral was released on October 2, 2005, the Party would be entitled to
an  additional  fee  of $120,000 payable to the Party in the form of warrants to
purchase  120,000  shares of common stock of AMLH at a strike price of $1.02 per
share  which  would be exercisable from May 12, 2005 to October 1, 2010.  In the
event that AMLH defaults regarding the payment of the Other Amounts, pursuant to
the  terms  of any indebtedness for which the Third Party Guarantor has provided
personally  owned  collateral to satisfy such debts, the Party is liable for any
accrued  and  unpaid interest or other amounts pursuant to the Party's guaranty,
then  in  that event the Party shall earn an additional fee equal to two percent
(3%)  of the Other Amounts payable in the manner described above and exercisable
for  a  period  beginning on the date of default and ending five (5) years after
the  date  the  personally  owned  collateral is released or otherwise no longer
subject  to  the  Other  Amounts.

4. AMLH agrees to indemnify the Third Party Guarantor against all loss, costs or
expense  relating to the incursion of or the collection of the AMLH debt against
the Third Party Guarantor or his/her collateral.  This indemnity shall extend to
the  cost of legal defense or other such reasonably incurred expenses charged to
or  assessed  against  such Third Party Guarantor.  Evidence of such concurrence
can  be  by  any  written  manner  of  expression.

5. The Parties agree that the roster of debts covered by this Agreement shall be
maintained  by  the Chief Financial Officer of AMLH.  The roster may change from
time  to  time  and  any  debt  to be included shall be posted on the roster and
initialed  by  the  Third  Party  Guarantor  and  the  Chairman  of the board of
directors  of  AMLH.  Initials  may  be  posted  by  facsimile.

6.  This  Agreement shall inure to the benefit of the Parties' respective heirs,
successors and assigns.  This Agreement shall be construed and enforced pursuant
to  the  laws  of the State of Florida and in Florida courts.  Enforcement costs
may  be recovered by the prevailing Party, including reasonable attorneys' fees.


Dated  this  30th  day  of  March,  2006.

AMERICAN  LEISURE  HOLDINGS,  INC.



/s/  Malcolm  J.  Wright
------------------------

Malcolm  J.  Wright
Chief  Executive  Officer  and  President

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