Exhibit 10.49



                              EMPLOYMENT AGREEMENT

     This  Employment Agreement ("Agreement"), is made effective as of March 15,
2006,  between  American  Leisure  Holdings, Inc. and its successors and assigns
("AMLH")  and  Michael  D.  Crosbie  ("You").

     You  and  the  Company desire to set forth the terms and conditions of your
employment  by  the  Company  and  agree  as  follows:

     1.  Term  of  Employment:  Your  term  of employment as this phrase is used
throughout  the  Agreement,  shall be for the period beginning on effective date
and ending March 15, 2009, subject, however, to earlier termination as set forth
in  this  Agreement.

     2.  Employment: During the term of employment, you shall serve as Executive
Vice  President,  General  Counsel  and Secretary of AMLH and you shall have the
authority,  functions,  duties,  and  powers  and  responsibilities  normally
associated with such positions and such additional authority, functions, duties,
powers  and responsibilities as may be assigned to you from time to time by AMLH
consistent  with  your senior position with AMLH. During the term of employment,
(i)  your  services  will be rendered on a substantially full-time basis for the
benefit of AMLH and interests that effect it, including subsidiaries and related
companies, except to the extent that you conclude a conflict exists between AMLH
and  the other entity, in which case you may not perform services for related or
other  companies,  and  you  will  apply all of your skill and experience to the
performance of your duties, (ii) you shall report to the Chief Executive Officer
and/or President of AMLH, and you shall advise the board of directors, (iii) you
shall  have no other employment, except with subsidiaries and related companies,
and,  without  the prior written consent of the Chief Executive Officer or Chief
Operating  Officer,  no outside business activities that require the devotion of
substantial  amounts  of  your time except for business activities that benefit,
directly  or  indirectly,  AMLH  and its subsidiaries and related companies, and
(iv)  the  place  for the performance of your services shall be in the principal
executive offices of AMLH in Orlando, Florida, subject to such reasonable travel
as  may  be  required  in  the  performance  of  your  duties.  Employment by or
performance  for subsidiaries or related companies shall not interfere with your
primary  obligation  to  serve  AMLH.  For  purposes of this Agreement, "related
companies"  means companies owned in whole or part by AMLH, Malcolm Wright, Fred
Pauzar,  or  Roger  Maddock.

     3.  Compensation

          3.1  Base  Salary: AMLH shall pay you a base salary at the rate of not
     less  than  $170,000  per  annum  during the first year of your employment,
     prorated  from  the effective date ("Base Salary"). AMLH shall increase the
     Base Salary by no less than ten percent (10%) annually, effective January 1
     of  each  year  during the term of employment. Base Salary shall be paid in
     accordance  with  the  Company's  customary  payroll  practices.

          3.2  Bonus:  In  addition  to  Base  Salary,  AMLH  typically pays its
     executives  cash  bonuses  ("Bonus"). Your Bonus is discretionary, but your
     target  bonus  is  an  amount  not  less  than your Base Salary. Each bonus

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     period, your personal performance will be considered in the context of your
     executive  duties  and  any  individual  goals set for you, and your actual
     Bonus  will be determined. Although as a general matter AMLH expects to pay
     substantial  bonuses  in  relation  to  your  Base  Salary  in  cases  of
     satisfactory  individual performance, it does not commit to do so, and your
     Bonus  may  be  negatively affected by the exercise of AMLH's discretion or
     overall  company  performance.  You  may  also receive a Bonus for business
     opportunities  or savings you deliver to AMLH or for its benefit, as may be
     paid  under  generally  applicable  circumstances  by  AMLH.

          3.3  Stock  Warrants/Options:  You  will  receive  50,000  stock
     warrants/options  effective March 15, 2006, exercisable at $1.02 per share,
     and  25,000  stock  warrants/options  on  March  15,  2007 and 25,000 stock
     warrants/options  on March 15, 2008 exercisable at $1.02 a share, to induce
     you  to  become employed by AMLH. So long as the term of employment has not
     terminated,  you  will  receive no fewer than annual grants of 25,000 stock
     warrants/options.  Each such subsequent stock warrant/option grant shall be
     at  an exercise price equal to the exercise price of stock warrants/options
     of  contemporaneous  grants  to  other  senior executives of AMLH. AMLH may
     require the grants to be reflected in a separate Stock Warrant Agreement or
     Stock  Option  Agreement  in  accordance  with  AMLH's  customary practice.

          3.4  Vehicle  Allowance:  You shall receive a vehicle allowance in the
     amount  of  5% of your annual salary, plus expenses related to business use
     of  the  vehicle.  The  vehicle  allowance  shall  be  paid  monthly.

          3.5  Indemnification:  You  shall  be  entitled throughout the term of
     employment  (and  after  the  end  of the term of employment, to the extent
     relating  to  service  during the term of employment) to the benefit of the
     indemnification  provisions contained on the date hereof in the certificate
     of incorporation, by-laws, and insurance of AMLH. AMLH will defend and hold
     you  harmless  from  and  against any and all claims, demands, liabilities,
     damages,  losses  and  expenses (including attorney's fees, court costs and
     disbursements) arising out of the performance of duties hereunder except in
     the  case  of  willful  misconduct  and  breach  of  fiduciary  duty.

          3.6  Directors  and Officers Insurance: You shall be covered by AMLH's
     Directors  and  Officers liability or errors and omissions insurance during
     the  term  of  employment.

          3.7  Paid  Vacation:  You  shall  receive,  in  addition  to  holidays
     recognized  by  the  company,  four  weeks  paid  vacation.

     4.  Termination:

          4.1  Termination  for Cause: AMLH may terminate the term of employment
     and  all  of  AMLH's  obligations  under  this  Agreement,  other  than its
     obligations  set  forth below in this Section 4.1, for "cause." Termination
     by  AMLH  shall  mean termination by action of AMLH because of (a) pleading
     guilty  to  or  your  conviction  of  a felony (whether or not any right to
     appeal  has  been  or may be exercised), (b) willful refusal without proper
     cause  to  perform  your obligations under this Agreement or the reasonable
     requests  of  the  CEO  or  President,  (c)  fraud,  embezzlement,
     misappropriation,  or  sexual  harassment, or (d) because of your breach of
     any  of  the covenants provided for in Section 9. Such termination shall be

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     effected  by  written  notice  to you, and effective as of the date of such
     notice;  provided, however, that if (i) such termination is because of your
     willful  refusal  without  proper  cause to perform any one or more of your
     obligations under this Agreement, (ii) such notice is the first such notice
     of termination for any reason delivered to you by AMLH, and (iii) within 15
     days  following  the  date  of such notice you shall cease your refusal and
     shall  use  your  best efforts to perform such obligations, the termination
     shall  not  be  effective.

          4.2  Termination by You for Material Breach by AMLH and Termination by
     AMLH  Without  Cause:  Unless  previously  terminated pursuant to any other
     provision  of  this  Agreement,  and unless a Disability Period shall be in
     effect, you shall have the right, exercisable by written notice to AMLH, to
     terminate the term of employment effective 15 days after the giving of such
     notice,  if,  at  the  time  of  giving  of  such notice, the Company is in
     material breach of its obligations under this Agreement; provided, however,
     that  with  the  exception of clause 9i) below, this Agreement shall not so
     terminate  if such notice is the first such notice of termination delivered
     by  you  and  within  such  15-day  period  AMLH  shall have cured all such
     material  breaches.

          AMLH  shall  have  the  rights,  exercisable  by  written  notice,  to
     terminate  your employment under this Agreement without cause, which notice
     shall  specify  the  effective  date  of  such  termination.

               4.2.1  After the effective date of a termination this Section 4.2
          (a  "termination without cause"), you shall remain an employee of AMLH
          for  a  period ending on the date (the "Severance Term Date") which is
          the  later  of  (i)  the  last  day  of the term of this Agreement (if
          applicable, as extended or renewed) and (ii) the date which is one and
          one  half year after the effective date of such termination and during
          such  period  you  shall  be  entitled to received, whether or not you
          become  disabled  during  such  period  but subject to Section 6, Base
          Salary  at  an  annual  rate  equal  to  your  Base  Salary  in effect
          immediately  prior  to  the  notice of termination. Except as provided
          below,  if you accept other full-time employment during such period or
          notify  AMLH of your intention to terminate your status as an employee
          during  such  period,  you  shall  cease  to  be  an  employee of AMLH
          effective  upon  the  commencement  of  such  other  employment or the
          effective date of such termination as specified by you in such notice,
          and you shall be entitled to receive, as severance, a lump sum payment
          within  30  days  after  such  commencement  or such effective date or
          periodic  payment  as  revenues allow, at AMLH's option, discounted as
          provided  below,  equal  to the balance of the payments you would have
          received  pursuant to this section had you remained on AMLH's payroll.
          That  lump  sum shall be discounted to present value as of the date of
          payment  from  the  times  at  which such amounts would otherwise have
          become  payable.

          4.3  After  the Term Date: If at the Term Date, the term of employment
     shall  not  have  been  previously terminated pursuant to the provisions of
     this  Agreement,  no  Disability  Period  is then in effect and the parties
     shall  not  have  agreed to an extension or renewal of this Agreement or on
     the  terms of a new employment agreement, then the term of employment shall
     continue  in  six-month increments and you shall continue to be employed by
     AMLH  pursuant  to  the  terms of this Agreement, subject to termination by
     either  party hereto on 60 days written notice. If AMLH shall terminate the

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     term  of  employment  on or after the Term Date for any reasons (other than
     for cause as defined in Section 4.1), which AMLH shall have the right to do
     so long as no Disability Date has occurred prior to the delivery by AMLH of
     written  notice  of  termination, then such termination shall be deemed for
     all  purposes to be a "termination without cause" under Section 4.2 and the
     provision  of  Section  4.2.1  shall  apply.

          4.4  Release:  A  condition precedent to AMLH's obligation to make the
     payments  associated  with  a  termination  without  cause  shall  be  your
     execution  and  delivery  of  a  general  release,  excepting  claims  and
     assertions  for  which you would be indemnified had the employment not been
     terminated.

          4.5  Payments:  So  long  as  you remain on the payroll of AMLH or any
     subsidiary  of  AMLH, payments of Base Salary and Bonus required to be made
     after  a  termination  without  cause  shall  be  made at the same times as
     similar  payments  are  made  to  other  senior  executives  of  AMLH.

          4.6  Termination  by  You  Without Material Breach or Cause: You shall
     have the right to terminate your employment at any time, for any reason. In
     the  event  of  such  a termination, AMLH shall be required to pay you only
     accrued,  but  then unpaid Base Salary, Bonus, and expenses, and shall have
     no  other obligations except those provided by COBRA or any other generally
     applicable  statute  or  regulation.

     5.  Disability

          5.1 Disability Payments: If during the term of employment and prior to
     the  delivery  of  any  notice  of  termination,  you  become physically or
     mentally  disabled, whether totally or partially, so that you are prevented
     from  performing  your usual duties for a period of six consecutive months,
     or  for  shorter periods aggregating six months in any twelve-month period,
     AMLH  shall  continue to pay your full compensation through the last day of
     the  sixth consecutive month of disability or the date on which the shorter
     periods  of  disability shall have equaled a total of six months (such last
     day  or  date  being referred to as the "Disability Date"). If you have not
     resumed you usual duties on or prior to the Disability Date, AMLH shall pay
     you  a  pro rata Bonus (based on your Average Annual bonus) for the year in
     which  the  Disability  Date occurs and thereafter shall pay you disability
     benefits  for  the  period ending on the later of (i) the Term Date or (ii)
     the date that is two years after the Disability Date (in the case of either
     (i) or (ii), the "Disability Period") in an annual amount equal to 75% your
     Base  Salary  at  the  time  you  become  disabled.

          5.2 Other Disability Provisions: AMLH shall be entitled to deduct from
     all payments made to you during the Disability Period pursuant to Section 5
     an  amount equal to all disability payments received by you from disability
     insurance  policies  maintained  by  AMLH  if  any.

     6.  Death: If you die during the term of employment, this Agreement and all
obligations  of  AMLH to make any payments hereunder shall terminate except that
your estate (or designated beneficiary) shall be entitled to receive Base Salary
to  the  last  day  of the month three months after the month in which you death

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occurs  and  Bonus compensation (at the time Bonuses are normally paid) based on
the  Average  Annual  bonus,  but  prorated  according to the number of whole or
partial  months  you  were  employed  by  AMLH  in  such  calendar  year.

     7.  Life  Insurance:  During  your employment with AMLH, AMLH shall pay you
annually  an  amount equal to the premiums you pay to obtain term life insurance
coverage  of  $1 million, or will secure for you term life insurance coverage of
$1  million.  The  payments  made  to  you  hereunder shall not be considered as
"salary"  or  "compensation" or "bonus" in determining the amount of any payment
under  any  benefit  plan  of  AMLH.

     8.  Other  Benefits:

          8.1  General  Availability:  To  the  extent that (a) you are eligible
     under  the  general  provisions thereof and (b) AMLH maintains such plan or
     program  for  the  benefit of its executives, during the term of employment
     and  so  long  as  you  are  an  employee of AMLH, you shall be eligible to
     participate in any savings or similar plan or program and in any insurance,
     hospitalization,  medical,  dental  accident,  disability  or  similar plan
     program  of  AMLH.

          8.2  Payments  in  Lieu  of  Other  Benefits: In the event the term of
     employment  and  your  employment  with  AMLH is terminated pursuant to any
     section  of  this  Agreement,  you  shall  not  be  entitled  to notice and
     severance  under  the Company's general employee policies or to be paid for
     any  accrued  vacation time or unused sabbatical, the payments provided for
     in  such  sections  being  in  lieu  thereof.

          8.3 Professional Benefits and Development: AMLH shall, during the term
     of  employment,  caused  to  be  paid  on  your behalf all professional and
     license  fees  required  by  The  Florida  Bar  and  other  professional
     organizations  reasonably necessary to your duties as General Counsel. AMLH
     will pay or reimburse you for continuing legal education expenses. You will
     have the authority and responsibility to determine the appropriate level of
     resources  maintained  in-house  and  through  outside  providers, and will
     provide, upon request, justification to the Chief Operating Officer for any
     expenses  so incurred on your behalf or on behalf of those legal department
     employees  reporting  to  you.

     9.  Protection  of  Confidential  Information:  You  acknowledge  that your
employment by AMLH will, throughout the term of employment, bring you into close
contact  with  many  confidential  affairs  of  AMLH.  You shall keep secret all
confidential  matters  of  AMLH  and  shall  not disclose such matters to anyone
outside  of the AMLH or to anyone inside AMLH who dos not have a need to know or
use such information, and shall not use such information for personal benefit or
the  benefit  of  a  third  party.

     10.  Successors.

          (a)  This  Agreement shall inure to the benefit of and be binding upon
     (i)  AMLH  and  its  successors and assigns and (ii) you and your heirs and
     legal  representatives,  except that your duties and responsibilities under
     this  Agreement  are  of  a  personal  nature and will not be assignable or
     delegable  in  whole  or  in  part.

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          (b)  AMLH  will  require any successor (whether direct or indirect, by
     purchase,  merger,  consolidation or otherwise) to all or substantially all
     of  the  business  and/or  assets  of AMLH to assume expressly and agree to
     perform  this Agreement in the same manner and to the same extent that AMLH
     would  be  required  to  perform  it if no such succession had taken place.

     11.  General:

          11.1  Governing  Law:  This Agreement shall be governed by the laws of
     the  State  of  Florida.

          11.2  Assignability:  This  Agreement  and your rights and obligations
     hereunder  may  not  be  assigned  by  you.

          11.3  Withholding  Taxes:  Payments  made  to  you  pursuant  to  this
     Agreement  shall  be  subject  to withholding and social security taxes and
     other  ordinary  and  customary  payroll  deductions.

          11.4  This  Agreement  sets  forth the entire agreement of the parties
     concerning  the  subjects;  there  are  no  promises,  understandings,
     representations, or warranties of any kind concerning those subjects except
     as  expressly  set  forth  in  this  Agreement.

          11.5  If any provision of this Agreement, or its application to anyone
     or  under  any circumstances, is adjudicated to be invalid or unenforceable
     in  any  jurisdiction,  such invalidity or unenforceability will not affect
     any  other  provision.


/s/ Malcolm J. Wright
-------------------------------
American Leisure Holdings, Inc.

By: Malcolm J. Wright
    ------------------------------
Its:   CEO
    ------------------------------


/s/ Michael D. Crosbie
-------------------------------
Michael D. Crosbie

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