<PAGE>   1
                                                                  EXHIBIT 10.3

                              MANAGEMENT AGREEMENT


         THIS MANAGEMENT AGREEMENT ("Agreement") is made as of the 1st day of
October, 2000 by and among DIVERSICARE LEASING CORP. a Tennessee corporation
(the "Operator"), and DIVERSICARE MANAGEMENT SERVICES CO., a Tennessee
corporation (the "Manager").


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

         WHEREAS, Operator is the operator and/or licensee of nursing homes
located in various states as described in Exhibit A attached hereto
(individually a "Facility" or collectively the "Facilities"), and the personal
property, fixtures, equipment, records and supplies used in connection therewith
(the "Premises"); and

         WHEREAS, Operator wishes to engage Manager to manage the Facilities;
and

         WHEREAS, Manager desires to manage the Facilities in accordance with
the provisions of this Agreement.

         NOW, THEREFORE, in consideration of the premises and mutual covenants
herein contained, the receipt and sufficiency of which are hereby acknowledged,
the parties, intending to be legally bound hereby, agree as follows:

1.       DEFINITIONS. For the purposes of this Agreement:

         (a)      "Facility" means each of the nursing homes described on
                  Exhibit A.

         (b)      "Gross Operating Revenues" means the revenue of the Facility
                  from all sources during the term of this Agreement, including
                  ancillary revenues, prior to bad debt adjustment.

         (c)      "Operating Expenses" means any and all expenses and costs
                  related to and incurred in connection with the operation of a
                  Facility, including, without limitation, the payment of
                  salaries, taxes, capital expenditures, wages and fringe
                  benefits for such Facility's personnel, including its
                  administrator, but excluding federal, state or provincial
                  income taxes; if the facility is leased, rental payments under
                  the lease (the "Lease"), fees to be paid to the Manager under
                  paragraph 4, and deprecation or amortization of real or
                  personal property used in the operation of the Facility.

2.       TERM. This Agreement shall commence on 12:01 a.m., October 1, 2000 and
         shall continue in effect for a period of one year, and shall be subject
         to successive renewal at the option of the Manager for successive one
         year periods commencing upon expiration of each term. The initial term
         and renewal terms, if exercised by Manager, shall be defined


<PAGE>   2
         herein as the "Term." The option to extend this Agreement on the same
         terms and conditions herein provided will be deemed automatically
         exercised unless the Manager gives written notice to the Operator at
         least sixty (60) days prior to the expiration of the then current term
         that the Manager does not intend to renew this Agreement. It is
         understood that if any option period is not exercised, all rights to
         exercise any subsequent option periods will automatically lapse.


3.       DUTIES OF MANAGER. Subject to the provisions hereof and to the extent
         permitted by law consistent with the maintenance of Operator's licenses
         to operate the Facility granted by the applicable states, Operator
         hereby delegates to Manager the day to day responsibility of the
         management of the Facility and its operations in all respects, and
         Manager hereby assumes, and agrees to use its best efforts to exercise
         such control and responsibility with a view towards professional
         management of the Facility in accordance with customary industry
         standards. Such responsibility and control will include, without
         limiting the generality of the foregoing, the following powers,
         authorities and responsibilities:

         (a)      to have direct responsibility and authority for recruiting,
         negotiating with, hiring, training, supervising, promoting, assigning,
         setting the compensation level of (provided such amount is in
         compliance with applicable law), conducting labor negotiations to
         settling labor grievances with respect to, and discharging all
         operating and service personnel deemed by Manager to be necessary for
         the proper operation and maintenance of the Facility. All such
         employees, except the Facility's Administrator, (who shall be an
         employee of Manager) shall be employees of and shall be carried on the
         payroll of the Facility and shall not be employees of Manager;
         provided, however, that such employees shall be subject to the control
         of Manager on behalf of Operator;

         (b)      to supervise the rendering of all notices and statements
         required to be sent to the occupants of the Facility;

         (c)      to establish and maintain a system of patient care, including
         care planning, dietary care, use of staff, scheduling and quality
         assurance programs;

         (d)      to enter into contracts and take such other action in the
         ordinary course of business in the name of Operator as Manager deems
         appropriate to assure supply of pest control services, electricity,
         gas, fuel, water, telephone, television, linen services, garbage
         removal, snow removal, elevator maintenance, landscaping and other such
         services as may reasonably be required for the proper operation and
         maintenance of the Facility;

         (e)      to supervise the purchase of such inventories, food,
         beverages, provisions, supplies and equipment as may be required to
         properly maintain and operate the Facility and to contract for the
         purchase of same in the name of Operator;


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<PAGE>   3
         (f)      to take such steps and file such applications and reports as
         may be required to comply with the provisions of applicable
         legislation, rules and compliance orders issued by government agencies
         having jurisdiction over the Facility, including obtaining all
         necessary licenses and permits;

         (g)      to retain the services of counsel, accountants and other
         professional consultants as may be necessary for the purposes of
         carrying out Manager's duties hereunder;

         (h)      to perform or supervise the performance of financial services
         for the Facility, including the preparation and maintenance of the
         following:

                  (i)      annual operating and capital budgets for the Facility
                  outlining costs, charges, outlays and expenditures which the
                  Manager anticipates will be made and incurred by the Facility
                  in the ensuing year, together with anticipated revenues,
                  including without limitation, changes to rates and personnel
                  compensation levels;

                  (ii)     an annual marketing plan, which will include
                  estimated expenses for advertising and public relations
                  programs, to encourage the highest possible levels of
                  occupancy at the Facility;

                  (iii)    a monthly information package specifying monthly
                  revenues and expenses and a comparison of the same to revenues
                  and expenses as set forth in the annual operating budget,
                  aging of accounts receivable, a listing of capital
                  expenditures, and a written report of material events and
                  changes and variance analysis;

                  (iv)     all records for patient billing, billing for all
                  receivables and collection of same;

                  (v)      all medical records, trust account records and other
                  records pertaining to patients of each Facility;

                  (vi)     all records for payables and the payment of the same
                  out of Gross Operating Revenues;

                  (vii)    all payroll records, payment of employees of each
                  Facility out of Gross Operating Revenues of such Facility,
                  withholding and remittance of payroll deductions;

                  (viii)   all records of all reimbursable charges and
                  mechanisms for achieving such reimbursement;

                  (ix)     all returns for withheld income tax or other payroll
                  deductions;


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<PAGE>   4

                  (x)      all other books and records normally maintained by a
                  reasonably prudent business manager;

         (i)      In Manager's discretion, to initiate in the name of and at the
         expense of the applicable Facility, any and all legal actions or
         proceedings necessary to collect charges or other income due such
         Facility, to enforce any agreements between such Facility and third
         parties, to collect damages for breach or default by any such third
         party, to adjust, compromise and settle all accounts, claims, disputes
         and differences which Operator may have in connection with the
         operation of a Facility and to write off or make allowance for such
         accounts, claims, disputes and differences as it may reasonably deem
         necessary; so long as there is, in the reasonable opinion of the
         Manager, no material adverse effect to the Operator from any such
         action;

         (j)      to advise the Operator, to the extent reasonably possible, at
         least four (4) weeks in advance of any material funding requirements;
         and

         (k)      to prepare, or at Manager's option, select a third party to
         prepare, all cost reports pertaining to the Facility. If Manager elects
         to prepare the foregoing, Manager will be reimbursed by Operator at
         prevailing market rates. If a third party is selected to prepare the
         foregoing, Operator will pay the expenses of such party.

         (l)      to use its best efforts to cause the Facility to comply with
         and abide by the terms and provisions of any collective bargaining or
         union agreements binding the Facility.

         It is understood that, within the scope of the authority granted by
         this Agreement, Manager is acting as agent of Operator, and as such
         incurs no liability as principal with respect to any obligations
         undertaken by Manager hereunder other than in connection with its duty
         to act in such capacity. Manager will not have the obligation of
         preparing any tax returns or annual audits of the Facility, but will
         fully cooperate and supply all available information upon request as
         may be required in connection therewith.


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<PAGE>   5
4.       MANAGEMENT FEES.

         (a)      In consideration of, and as remuneration for, the services
         provided in this Agreement with respect to the Facility, Operator
         agrees to pay to Manager a management fee equal to six percent (6 %) of
         monthly Gross Operating Revenues for the Facility. The fee will be paid
         monthly within ten days of the first of each month based upon the
         operating results of the prior month.

         (b)      Upon the occurrence of any material default in monetary
         payments by the Operator under the Lease, which default is a result of
         the insufficiency of the Facility's funds to make payments required
         under the Lease, then until the earlier of the time when funds are
         available to cure the default, or until such default has been waived or
         otherwise ceases to exist, the Manager will not be entitled to payment
         of its Management Fees from the Facility's funds and such fees shall
         accrue for the account of the Manager pursuant to subparagraph 4(c).

         (c)      The Management Fees will be cumulative, meaning that if any
         portion of the Management Fees is not paid to the Manager when due as a
         result of the subordination pursuant to subparagraph 4(b), or
         otherwise, the Manager will be entitled to receive such deficiency as
         soon as funds become available, together with interest thereon at the
         per annum fluctuating rate of interest publicly announced by AmSouth
         Bank in Nashville, Tennessee from time to time as its prime rate
         applicable to United States dollar denominated borrowings.

5.       COVENANTS.  Operator agrees with Manager as follows:

         (a)      The Facility, at the Operator's expense, will employ and
         retain the personnel and counsel, solicitors accountants and
         professional consultants referenced in subparagraphs 3(a) and 3(g)
         respectively.

         (b)      Operator will at all times comply with and perform all
         conditions and obligations required under any leases or indebtedness
         pertaining to the Facility, so as to avoid a default thereunder.

         (c)      Operator will not sell, lease, assign or otherwise transfer
         any or all of its assets related to the Facility or its interests in
         the Facility, including a sale, lease, assignment or transfer
         accomplished by a sale of stock, exchange of stock, merger,
         consolidation or similar transaction, without the prior written
         approval of the Manager, which approval will not be unreasonably
         withheld; provided, however, that the Operator may transfer to, and
         lease back from, a third party any or all of its interests in the
         Facility so long as (i) the Operator remains as licensee of the
         Facility, (ii) the transferee agrees, in writing reasonably
         satisfactory to the Manager to recognize the Manager as manager of the
         Facility under the terms of this Agreement, and (iii) the transferee
         agrees, in writing reasonably satisfactory to the Manager not to
         terminate or alter the Manager's role as manager of the


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<PAGE>   6
         Facility under this Agreement due to any failure by the Operator or any
         affiliate of the Operator to satisfy any of its obligation under one or
         more leases or other agreements regarding any other adult care
         facilities in which both the transferee and the Operator and/or its
         affiliates hold an interest.

         (d)      The parties hereto recognize that irreparable damage will
         result in the event that the provisions of subparagraph 5(c) are not
         specifically enforced. If any dispute arises concerning subparagraph
         5(c), the parties hereto agree that an injunction may be issued
         restraining the consummation of any action prohibited by subparagraph
         5(c) pending a determination of such controversy and that no bond or
         other security will be required in connection therewith. In any dispute
         arising with respect to subparagraph 5(c), without limiting in any way
         any other rights or remedies to which Manager may be entitled, Operator
         agrees that the provisions of subparagraph 5(c) will be enforceable by
         a decree of specific performance.

         (e)      Operator represents and warrants to Manager that no consent or
         approval of any kind whatsoever is required by the landlord or any
         lender to landlord or Operator in order for Operator to execute and
         deliver this Agreement as a valid and binding contract or to perform
         its obligations hereunder.

         (f)      Manager may assign this Agreement to an affiliate or
         subsidiary. In addition, Manager may enter into an agreement with an
         affiliate or subsidiary (the "Sub Manager"), under which Sub Manager
         may agree to perform Manager's duties hereunder in exchange for
         Manager's benefits hereunder.

6.       INDEMNIFICATION.

         (a)      The Manager will indemnify and hold the Operator and the
         employees of the Operator harmless from any claim, loss, liability,
         cost, damage or expense (including court costs and attorney fees) they
         may suffer or incur by reason of the gross negligence or dishonest acts
         of the Manager, its agents, representatives or employees or by reason
         of any of them exceeding their authority.

         (b)      Operator will indemnify and hold Manager, its affiliates,
         officers, directors, employees, agents, successors and assigns harmless
         from any claim, loss, liability, cost, damage or expense (including
         court costs and attorney fees) which may arise from the management of
         the Facility, provided that the foregoing does not result solely from
         the gross negligence or dishonest acts of Manager or its agents,
         representative, or employees or from any of them exceeding their
         authority.

7.       TERMINATION BY OPERATOR OR MANAGER.

         (a)      Either party may terminate this Agreement if the other is in
         material default of any of its obligations under this Agreement and
         such breach continues for a period of thirty


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<PAGE>   7
         (30) days after the defaulting party is notified by the other of such
         default in writing; provided, however, that if the nature of the breach
         is such that more than thirty (30) days are required for the cure, this
         Agreement may not be terminated if the defaulting party commences to
         cure such default within the thirty (30) day period and diligently and
         in good faith pursues completion of such curative measures.

         (b)      Either party may immediately terminate this Agreement if the
         other becomes the subject of a voluntary or involuntary bankruptcy,
         insolvency, reorganization, liquidation or similar proceeding (which,
         in the case of an involuntary proceeding, is not stayed within 30
         days), makes a general assignment for the benefit of creditors or
         admits in writing its inability to pay its debts when due.

         (c)      In the event the Agreement is terminated under this paragraph
         7, Manager will tender a final accounting to Operator and surrender all
         contracts, records, files and other information which may be pertinent
         to the continuing operation of the Facility, and Operator will pay to
         Manager any Management Fees and/or net profits due hereunder.

8.       INSURANCE.

         (a)      Manager agrees to use its best efforts to negotiate, procure
         and maintain in full force and effect, at the expense of the Facility,
         insurance against fire and other hazards, including, without
         limitation, personal injury, workmen's compensation, property damage,
         liability and such other insurance in such amounts and covering such
         risks as are normally maintained by and for the protection of owners
         and operators of Facility of a type similar to the Facility, such as
         professional negligence insurance. Operator agrees that the insurance
         in force upon execution of this Agreement is acceptable.

         (b)      Operator and Manager hereby waive subrogation against the
         other for any claims that might be brought from any loss which is fully
         covered by insurance and agree to look solely to the insurance
         proceeds. To the extent that claims are not covered by insurance and
         paid out of insurance proceeds entirely, nothing in this clause will
         prevent the parties from enforcing their rights at law or in equity
         against each other.

9.       USE OF PREMISES. Manager agrees that it will not at any time use, or
         permit to be used, the Facility for purposes other than a nursing home
         facility without the prior written consent of Operator.

10.      BOOKS AND RECORDS. All books, records and reports prepared by Manager
         for use of or in connection with the operation of the Facility will be
         the property of Operator, provided that Manager may make copies thereof
         for its own use as Manager may desire.

11.      ASSIGNMENT. The provisions of this Agreement will be binding upon the
         parties hereto and their respective successors and assigns; provided,
         however, that neither party will have the right to assign or delegate,
         by operation of law or otherwise, its rights or obligations


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<PAGE>   8
         under this Agreement, other than as provided in Section 5; and,
         provided further that such assignment or delegation will not relieve
         either party from its obligations under this Agreement.

12.      RIGHT TO INSPECT; AUDIT. The parties hereto agree that at all
         reasonable times Manager will permit the Operator or its
         representatives to inspect the buildings, premises and records of the
         Facility and to perform such audits of Manager's financial books and
         records relating to the Facility as Operator may request to confirm the
         financial results reported by Manager.

13.      NOTICE. All notices required or permitted under this Agreement will be
         in writing and will be deemed delivered the same day as personally
         delivered or delivered by confirmed facsimile transmission, one day
         after confirmed delivery to an overnight courier service, or three (3)
         days after mailing by registered mail, return receipt requested,
         postage paid, at the addresses set forth below or such other addresses
         as either party may specify to the other in accordance with this
         paragraph 13:

         Operator:               Diversicare Leasing Corp.
                                 277 Mallory Station Road
                                 Suite 130
                                 Franklin, Tennessee 37067
                                 Attn: President

         With a copy to:         Harwell Howard Hyne Gabbert & Manner, P.C.
                                 315 Deaderick Street, Suite 1800
                                 Nashville, Tennessee  37238-1800
                                 Attention:  Mark Manner, Esq.


         Manager:                Diversicare Management Services Co.
                                 277 Mallory Station Road
                                 Suite 130
                                 Franklin, Tennessee 37067
                                 Attn: President
                                 Attention: President

         With a copy to:         Harwell Howard Hyne Gabbert & Manner, P.C.
                                 315 Deaderick Street, Suite 1800
                                 Nashville, Tennessee  37238-1800
                                 Attention:  Mark Manner, Esq.


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<PAGE>   9
14.      GENERAL.

         (a)      Nothing herein contained will prevent either party from
         owning, leasing, operating, managing, cooperating or having an interest
         in any other nursing home, retirement center or other long term care or
         residential facility, whether or not neighboring one of the Facility,
         nor preclude either party from engaging in any other activity.

         (b)      This Agreement will be governed by and construed in accordance
         with the laws of the State of Tennessee, without giving effect to
         conflict of law rules.

         (c)      It is understood and agreed that this Agreement contains all
         terms and conditions relating to the subject matter of this Agreement
         and supersedes all prior and contemporaneous agreements, negotiations,
         correspondence, undertakings and communications of the parties or their
         representatives, oral or written, respecting such subject matter.

         (d)      Any interpretation of the terms of this Agreement will not
         take into consideration which party hereto drafted this instrument, it
         being agreed and understood that the parties have agreed to the terms
         of this Agreement only after extensive negotiations.

         (e)      This Agreement shall not be amended or modified except by a
         writing duly executed by the parties hereto. Waiver of any term or
         condition of this Agreement by any party shall only be effective if in
         writing and shall not be construed as a waiver of any subsequent breach
         or failure of the same term or condition, or a waiver of any other term
         or condition of this Agreement.

         (f)      This Agreement may be executed in one or more counterparts,
         each of which will be deemed an original, but all of which together
         will constitute one and the same instrument.

         (g)      If any provision of this Agreement is deemed invalid, illegal
         or unenforceable, the validity, legality and enforceability of all
         other provisions will not be affected thereby. Further, a substitute
         and equitable provision shall be automatically substituted therefor in
         order to carry out, so far as may be valid, legal and enforceable, the
         intent and purpose of the invalid, illegal or unenforceable provision.

         (h)      If the Manager's role as manager under this Agreement is
         terminated or significantly altered by any Landlord due to a default by
         the Operator of its obligations under the Lease, the Operator will pay
         the Manager an amount equal to the product of (i) one-half (1/2) of the
         Management Fees earned by the Manager during the immediately preceding
         fiscal year of the Facility, annualized if necessary, multiplied by
         (ii) the number of years remaining in the then current term. Amounts
         payable under this Section 15(h) shall be paid annually over the period
         remaining in the then current term.


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<PAGE>   10
         (i)      The parties acknowledge that the Manager will sustain an
         amount of damages which will be substantial and irreparable but
         difficult to determine as a result of (i) the failure of the Operator
         to provide the Manager notice of expiration as required by subparagraph
         2(b); or (ii) the termination of this Agreement or the alteration of
         the Manager's role due to the Operator's default under either the Lease
         or the Indebtedness (collectively, the "Liquidated Damages Events").
         Accordingly, the parties agree that the liquidated damages described in
         subparagraphs 2(b) and 15(b) will constitute full satisfaction for the
         respective claims for damages which the Manager shall have against the
         Operator in respect of either of the Liquidated Damages Events, and
         each of the parties hereby agrees not to contest the existence or the
         amount of any damages resulting solely from either of the Liquidated
         Damages Events.

         (j)      A party's decision to terminate this Agreement in accordance
         with its terms will not limit or alter in any way its right, at law or
         in equity, to seek damages or another form of remedy for the breach or
         other action which precipitated termination. If any party exercises any
         right hereunder against the other, the prevailing party in the exercise
         of such right will be entitled to costs and expenses associated with
         such enforcement, including without limitation, court costs and
         reasonable attorneys' fees.

         (k)      Nothing contained in this Agreement is intended or is to be
         construed to create any association, partnership or joint venture
         between Operator and Manager. Manager is an independent contractor
         retained by Operator.

         (l)      The headings contained in this Agreement are intended solely
         for convenience of reference and shall not affect the rights of the
         parties to this Agreement.

         IN WITNESS WHEREOF, the parties have hereunto executed this Agreement
as of the date set forth above.

MANAGER:                                    OPERATOR:
--------                                    ---------

Diversicare Management Services Co.         Diversicare Leasing Corp.

By: James F. Mills Jr.                      By:
   ---------------------------------           ---------------------------------
Title: Sr. Vice President                   Title: Sr. Vice President
      ------------------------------              ------------------------------


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<PAGE>   11
                       EXHIBIT A TO MANAGEMENT AGREEMENT

                               LIST OF FACILITIES



LOCATION/ADDRESS


ALABAMA

         CANTERBURY HEALTH FACILITY
         1720 Knowles Road
         Phenix City, Alabama 36869

         LYNWOOD NURSING HOME
         4164 Halls Mills Road
         Mobile, Alabama 36693

         NORTHSIDE HEALTHCARE
         700 Hutchins Avenue
         Gadsden, Alabama 35904

         WESTSIDE HEALTHCARE
         4320 Judith Lane
         Huntsville, Alabama 35805


ARKANSAS

         ASH FLAT NURSING & REHAB CENTER
         HC-67, Box 5A
         Ash Flat, Arkansas 72513

         DES ARC NURSING & REHAB CENTER
         2216 W. Main Street
         Des Arc, Arkansas 72040

         EUREKA SPRINGS NURSING & REHAB CENTER
         235 Huntsville Road
         Eureka Springs, Arkansas 72632
<PAGE>   12


LOCATION/ADDRESS


         FAULKNER NURSING & REHAB CTR.
         2603 Dave Ward Drive
         Conway, Arkansas 72032

         POCAHONTAS NURSING & REHAB CTR.
         105 Country Club Rd
         Pocahontas, Arkansas 72455

         WALNUT RIDGE NURSING & REHAB CTR.
         1500 West Main
         Walnut Ridge, Arkansas 72476

         GARLAND NURSING & REHAB CTR.
         610 Carpenter Dam Road
         Hot Springs, Arkansas 71901

         THE PINES NURSING & REHAB CTR.
         534 Carpenter Dam Road
         Hot Springs, Arkansas 71901

         SHERIDAN NURSING & REHAB CTR.
         113 South Briarwood Dr.
         Sheridan, Arkansas 72150

         OUACHITA NURSING & REHAB CTR.
         1411 Country Club Road
         Camden, Arkansas 71701

         RICH MT. NURSING & REHAB CTR.
         306 Hornbeck
         Mena, Arkansas 71953

         STILLMEADOW NURSING & REHAB CTR.
         105 Russelville Road
         Malvern, Arkansas 72104


FLORIDA


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<PAGE>   13


LOCATION/ADDRESS

         MAYFIELD REHAB. & SPECIAL CARE CTR.
         200 Mayfield Drive
         Smyrna, Tennessee 37167

         LAUREL MANOR HEALTH CARE FACILITY
         902 Buchanan Road
         New Tazwell, Tennessee 37825

         MANOR HOUSE OF DOVER
         Hwy 49 East P.O. Box 399
         Dover, TN. 37058


KENTUCKY

         CARTER NURSING & REHAB CTR.
         P.O. Box 904 - 250 McDavid Blvd.
         Grayson, Kentucky 41143

         SOUTH SHORE NURSING & REHAB CTR.
         P.O. BOX 489 (James Hannah Drive)
         South Shore, Kentucky 41175

         WEST LIBERTY NURSING & REHAB CTR.
         P.O. Box 219 (744 Liberty Rd.)
         West Liberty, Kentucky 41472

         WURTLAND HEALTH CARE CENTER
         P.O. Box 677 (100 Wurtland Ave.)
         Greenup, Kentucky 41144-0677

         BOYD NURSING & REHABILITATION
         12800 Princeland Drive
         Ashland, Kentucky 41102

         ELLIOTT NURSING & REHAB CTR.
         RTE 32 East, (P.O. Box 694) Howard Crk Rd.
         Sandy Hook, Kentucky 41171


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<PAGE>   14


LOCATION/ADDRESS

OHIO

         BEST CARE
         2159 Dogwood Ridge
         Wheelersburg, Ohio 45694


WEST VIRGINIA

         BOONE HEALTHCARE
         P.O. Box 605 (Route 119) Lick Creek Rd.
         Danville, West Virginia 25053

         LAUREL NURSING & REHAB CENTER
         H.C. 75, Box 153 Clinic Rd.
         Ivydale, West Virginia 25113





NOTES:

Omega(1)          - 1992 Omega Master Lease

Omega(2)          - 1994 Omega Master Lease

Omega(3)          - 1994 Omega Master Sublease

Omega(4)          - 1997 Omega Master Lease


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