Document:

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                                                                  EXHIBIT 10.22

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                                 LOAN AGREEMENT

                            DATED AS OF MARCH 5, 2001

                                 BY AND BETWEEN

                              PRACTICEWORKS, INC.,
                                  AS BORROWER,

                                       AND

                           FINOVA CAPITAL CORPORATION,
                                    AS LENDER

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<PAGE>   2

                                TABLE OF CONTENTS

<TABLE>
<S>                                                                                                              <C>
ARTICLE I........................................................................................................ 1

DEFINITIONS AND DETERMINATIONS................................................................................... 1
         1.1      Definitions.................................................................................... 1
         1.2      Time Periods...................................................................................19
         1.3      Accounting Terms and Determinations............................................................19
         1.4      References.....................................................................................19
         1.5      Lender's Discretion............................................................................19
         1.6      Borrower's Knowledge...........................................................................20

ARTICLE II.......................................................................................................20

TERM LOAN AND TERMS OF PAYMENT; SYNDICATION......................................................................20
         2.1      Term Loan......................................................................................20
         2.2      Use of Proceeds, Term Note and Reborrowing.....................................................20
                  2.2.1    Use of Proceeds.......................................................................20
                  2.2.2    Term Note.............................................................................20
                  2.2.3    Reborrowing...........................................................................20
         2.3      Interest.......................................................................................20
                  2.3.1    Interest Rates and Payment............................................................20
                  2.3.2    Default Rate..........................................................................21
                  2.3.3    Interest and Fees Computation.........................................................21
                  2.3.4    Maximum Interest......................................................................21
         2.4      Intentionally Omitted..........................................................................22
         2.5      Intentionally Omitted..........................................................................22
         2.6      Scheduled Principal Repayments.................................................................22
         2.7      Late Charges...................................................................................22
         2.8      Optional/Voluntary and Mandatory Prepayment....................................................22
                  2.8.1    Voluntary Prepayments.................................................................22
                  2.8.2  Mandatory Prepayments...................................................................23
                  2.8.3    Intentionally Omitted.................................................................25
         2.9      Commitment Fee.................................................................................25
         2.10     Intentionally Omitted..........................................................................25
         2.11     Intentionally Omitted..........................................................................25
         2.12     Payments after Event of Default................................................................25
         2.13     Method of Payment; Good Funds..................................................................25
         2.14     Syndication....................................................................................25

ARTICLE III......................................................................................................26

SECURITY.........................................................................................................26

ARTICLE IV.......................................................................................................26

CONDITIONS OF CLOSING AND DISBURSEMENT; ACQUISITIONS.............................................................26
         4.1      Closing; Conditions of Disbursement............................................................26
                  4.1.1    Representations and Warranties........................................................26
                  4.1.2    Related Transactions..................................................................26
                  4.1.3    Delivery of Documents.................................................................26
                  4.1.4    Performance; No Default...............................................................28
                  4.1.5    Opinions of Counsel...................................................................28
</TABLE>

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<TABLE>
<S>                                                                                                              <C>
                  4.1.6    Approval of Loan Documents and Security Interests.....................................28
                  4.1.7    Security Interests....................................................................28
                  4.1.8    Licenses..............................................................................28
                  4.1.10   Financial Statements, Reports and Projections; Inspection.............................29
                  4.1.11   Material Adverse Effect...............................................................29
                  4.1.12   Use of Assets.........................................................................29
                  4.1.13   Broker Fees...........................................................................29
                  4.1.14   Insurance; Survey.....................................................................29
                  4.1.15   Intentionally Omitted.................................................................30
                  4.1.16   Payment of Fees, Expenses and Loans...................................................30
                  4.1.17   Due Diligence.........................................................................30
         4.2      Conditions to Acquisitions.....................................................................30
                  4.2.1    Evidence of Perfected First Priority Security Interest................................31
                  4.2.2    Additional Documentation..............................................................31

ARTICLE V........................................................................................................32

REPRESENTATIONS AND WARRANTIES...................................................................................32
         5.1      Existence and Power............................................................................32
         5.2      Authority......................................................................................32
         5.3      Capital Stock/Equity Interests and Related Matters.............................................32
                  5.3.1    Capital Stock; Equity Interests.......................................................32
                  5.3.2    Restrictions..........................................................................32
         5.4      Binding Agreements.............................................................................33
         5.5      Business and Property of Borrower..............................................................33
                  5.5.1  Business and Property...................................................................33
                  5.5.2  Licenses................................................................................33
                  5.5.3  Operating Agreements....................................................................33
                  5.5.4  Facility Sites..........................................................................33
                  5.5.5  Leases..................................................................................33
                  5.5.6  Real Estate.............................................................................33
                  5.5.7  Operation and Maintenance of Equipment..................................................34
                  5.5.8  License Agreements......................................................................34
         5.6      Title to Property; Liens.......................................................................34
         5.7      Projections and Financial Statements...........................................................34
                  5.7.1  Financial Statements....................................................................34
                  5.7.2  Projections.............................................................................35
         5.8      Litigation.....................................................................................35
         5.9      Defaults in Other Agreements; Consents; Conflicting Agreements.................................35
         5.10     Taxes..........................................................................................35
         5.11     Compliance with Applicable Laws................................................................36
         5.12     Patents, Trademarks, Franchises, Agreements....................................................36
         5.13     Regulatory Matters.............................................................................36
         5.14     Environmental Matters..........................................................................36
         5.15     Application of Certain Laws and Regulations....................................................37
                  5.15.1  Investment Company Act.................................................................37
                  5.15.2  Holding Company Act....................................................................37
                  5.15.3  Foreign or Enemy Status................................................................37
                  5.15.4  Regulations as to Borrowing............................................................37
         5.16     Margin Regulations.............................................................................37
         5.17     Other Indebtedness.............................................................................37
         5.18     No Misrepresentation...........................................................................38
         5.19     Employee Benefit Plans.........................................................................38
</TABLE>

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<TABLE>
<S>                                                                                                              <C>
                  5.19.1  No Other Plans.........................................................................38
                  5.19.2  ERISA and Code Compliance and Liability................................................38
                  5.19.3  Funding................................................................................38
                  5.19.4 Prohibited Transactions and Payments....................................................39
                  5.19.5 No Termination Event....................................................................39
                  5.19.6 ERISA Litigation........................................................................39
         5.20     Employee Matters...............................................................................39
                  5.20.1  Collective Bargaining Agreements; Grievances...........................................39
                  5.20.2  Claims Relating to Employment..........................................................39
         5.21     Burdensome Obligations.........................................................................39
         5.22     Insurance......................................................................................40
         5.23     Subsidiaries...................................................................................40
         5.24     Year 2000......................................................................................40
         5.25     Warrants.......................................................................................41

ARTICLE VI.......................................................................................................41

AFFIRMATIVE COVENANTS............................................................................................41
         6.1      Legal Existence; Good Standing.................................................................41
         6.2      Inspection.....................................................................................41
         6.3      Financial Statements and Other Information.....................................................42
                  6.3.1 Monthly Statements.......................................................................42
                  6.3.2  Quarterly Statements; Compliance Certificate............................................42
                  6.3.3  Annual Statements.......................................................................43
                  6.3.4 Intentionally Omitted....................................................................43
                  6.3.5  Audit Reports...........................................................................43
                  6.3.6  Notice of Defaults; Loss................................................................43
                  6.3.7  Notice of Suits, Adverse Events.........................................................44
                  6.3.8  Reports to Shareholders, Creditors and Governmental Bodies..............................44
                  6.3.9  ERISA Notices and Requests..............................................................44
                  6.3.10 Other Information.......................................................................45
         6.4      Reports to Governmental Bodies and Other Persons...............................................46
         6.5      Maintenance of Licenses, Franchises and Other Agreements.......................................46
         6.6      Insurance......................................................................................46
                  6.6.1  Maintenance of Insurance................................................................46
                  6.6.2  Proceeds................................................................................46
         6.7      Future Leases..................................................................................47
         6.8      Future Acquisitions of Real Estate.............................................................47
         6.9      Environmental Matters..........................................................................47
         6.10     Compliance with Laws...........................................................................48
         6.11     Taxes and Claims...............................................................................48
         6.12     Maintenance of Properties......................................................................48
         6.13     Governmental Approvals.........................................................................48
         6.14     Intentionally Omitted..........................................................................48
         6.15     Further Assurances.............................................................................48
         6.16     Landlord Consents..............................................................................49
         6.17     RESTRICTED FOREIGN SUBSIDIARIES................................................................49
         6.18     Lien Waivers...................................................................................49
         6.19     Common Stock Purchase Agreement................................................................49

ARTICLE VII......................................................................................................50

NEGATIVE COVENANTS...............................................................................................50
</TABLE>

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<TABLE>
<S>                                                                                                              <C>
         7.1      Borrowing......................................................................................50
         7.2      Liens..........................................................................................50
         7.3      Mergers and Acquisitions.......................................................................50
         7.4      Contingent Liabilities/Obligations.............................................................51
         7.5      Distributions/Restricted Junior Payments.......................................................51
         7.6      Capital Expenditures...........................................................................51
         7.7      Payments of Indebtedness for Borrowed Money....................................................51
         7.8      Investments; Loans.............................................................................52
         7.9      Fundamental Business Changes...................................................................52
         7.10     Facility Sites.................................................................................52
         7.11     Sale or Transfer of Assets.....................................................................53
         7.12     Amendment of Documents.........................................................................53
         7.13     Acquisition of Additional Properties...........................................................54
         7.14     Issuance of Capital Stock or Other Similar Interests...........................................54
         7.15     Transactions with Affiliates...................................................................54
         7.16     Compliance with ERISA..........................................................................55
         7.17     Minimum Net Worth..............................................................................55
         7.18     Intentionally Omitted..........................................................................56
         7.19     Intentionally Omitted..........................................................................56
         7.20     Subsidiaries...................................................................................56
         7.21     Acquisitions...................................................................................56
         7.22     Minimum Current Ratio..........................................................................56
         7.23     Minimum Liquidity..............................................................................56

ARTICLE VIII.....................................................................................................57

DEFAULT AND REMEDIES.............................................................................................57
         8.1      Events of Default..............................................................................57
                  8.1.1  Default in Payment......................................................................57
                  8.1.2  Breach of Covenants.....................................................................57
                  8.1.3  Breach of Warranty......................................................................58
                  8.1.4  Default Under Other Indebtedness for Borrowed Money.....................................58
                  8.1.5  Bankruptcy..............................................................................58
                  8.1.6  Judgments...............................................................................59
                  8.1.7  Impairment of Licenses; Other Agreements................................................59
                  8.1.8  Collateral..............................................................................59
                  8.1.9  Plans...................................................................................59
                  8.1.10  Change in Control......................................................................59
         8.2      Acceleration of Borrower's Obligations.........................................................61
         8.3      Remedies on Default............................................................................62
                  8.3.1  Enforcement of Security Interests.......................................................62
                  8.3.2  Other Remedies..........................................................................62
         8.4      Application of Funds...........................................................................62
                  8.4.1    Expenses..............................................................................62
                  8.4.2    Borrower's Obligations................................................................62
                  8.4.3    Surplus...............................................................................62
         8.5      Performance of Borrower's Obligations..........................................................62

ARTICLE IX.......................................................................................................63

CLOSING..........................................................................................................63

ARTICLE X........................................................................................................63
</TABLE>

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<TABLE>
<S>                                                                                                              <C>
EXPENSES AND INDEMNITY...........................................................................................63
         10.1  Attorneys' Fees and Other Fees and Expenses.......................................................63
                  10.1.1  Fees and Expenses for Preparation of Loan Documents....................................63
                  10.1.2  Fees and Expenses in Enforcement of Rights or Defense of Loan Documents................63
         10.2  Indemnity.........................................................................................64
                  10.2.1  Brokerage Fees.........................................................................64
                  10.2.2  General................................................................................64
                  10.2.3  Operation of Collateral; Joint Venturers...............................................64
                  10.2.4  Environmental Indemnity................................................................64
                  10.2.5  Distribution Transactions..............................................................65

ARTICLE XI.......................................................................................................65

TAXES AND ILLEGALITY.............................................................................................65
         11.1  Taxes.............................................................................................65
         11.2  Intentionally Omitted.............................................................................66
         11.3  Increased Costs and Reduction of Return...........................................................66
         11.4  Funding Losses....................................................................................67
         11.5  Certificates of Lender............................................................................67
         11.6  Survival..........................................................................................67

ARTICLE XII......................................................................................................67

MISCELLANEOUS....................................................................................................67
         12.1   Notices..........................................................................................67
         12.2   Survival of Loan Agreement; Indemnities..........................................................68
         12.3   Further Assurance................................................................................69
         12.4   Taxes and Fees...................................................................................69
         12.5   Severability.....................................................................................69
         12.6   Waiver...........................................................................................69
         12.7   Modification of Loan Documents...................................................................69
         12.8   Captions.........................................................................................69
         12.9   Successors and Assigns...........................................................................69
         12.10  Remedies Cumulative..............................................................................69
         12.11  Entire Agreement; Conflict.......................................................................70
         12.12  APPLICABLE LAW...................................................................................70
         12.13  JURISDICTION AND VENUE...........................................................................70
         12.14  WAIVER OF RIGHT TO JURY TRIAL....................................................................70
         12.15  TIME OF ESSENCE..................................................................................71
         12.16  Estoppel Certificate.............................................................................71
         12.17  Consequential Damages............................................................................71
         12.18  Counterparts.....................................................................................71
         12.19  No Fiduciary Relationship........................................................................71
         12.20  Notice of Breach by Lender.......................................................................71
         12.21  Unwind Agreement.................................................................................71
</TABLE>

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                       LIST OF EXHIBITS TO LOAN AGREEMENT

         Exhibit 1.1       --                 Compliance Certificate
         Exhibit 5.3.1     --                 Subsidiary Equity Interests
         Exhibit 5.5.1     --                 Business and Property
         Exhibit 5.5.2     --                 Licenses
         Exhibit 5.5.3     --                 Operating Agreements
         Exhibit 5.5.4     --                 Facility Sites
         Exhibit 5.5.5     --                 Leases
         Exhibit 5.5.6     --                 Real Estate
         Exhibit 5.5.8     --                 License Agreements
         Exhibit 5.7.1     --                 Financial Statements
         Exhibit 5.7.2     --                 Projections
         Exhibit 5.8       --                 Litigation
         Exhibit 5.12      --                 Intellectual Property
         Exhibit 5.19.1    --                 Employee Benefit Plans
         Exhibit 5.20.1    --                 Collective Bargaining
         Exhibit 7.1       --                 Existing Indebtedness

                                       xi
<PAGE>   8

                                 LOAN AGREEMENT

         This LOAN AGREEMENT, dated as of March 5, 2001 (this "Loan Agreement"),
is between PRACTICEWORKS, INC., a Delaware corporation ("Borrower"), and FINOVA
CAPITAL CORPORATION, a Delaware corporation ("Lender").

                             PRELIMINARY STATEMENT:

         WHEREAS, Borrower has requested, and Lender has agreed to make
available to Borrower, a term loan upon and subject to the terms and conditions
set forth in this Agreement;

         NOW, THEREFORE, in consideration of the mutual agreements, provisions
and covenants contained herein, the parties hereto agree as follows:

                                    ARTICLE I

                         DEFINITIONS AND DETERMINATIONS

         1.1      DEFINITIONS. As used in this Loan Agreement and in the other
Loan Documents, unless otherwise expressly indicated herein or therein, the
following terms shall have the following meanings (such meanings to be
applicable equally to both the singular and plural forms of the terms defined):

                  Accounting Changes - as defined in Section 1.3.

                  Acquisition means any transaction or series of related
         transactions for the purpose of or resulting in, directly or
         indirectly, (a) the acquisition of all or substantially all of the
         assets of a Person, or of any business or division of a Person, (b) the
         acquisition of in excess of fifty percent (50%) of the capital stock,
         partnership interests or other equity interests of a Person or
         otherwise causing a Person to become a Subsidiary of Borrower or (c) a
         merger or consolidation or any other combination with another Person
         (other than a Person that is a wholly-owned domestic Subsidiary of
         Borrower).

                  Acquisition Documents - as defined in subsection 4.2.2.

                  ADA means the Americans with Disabilities Act of 1990, as
         amended, any successor statute thereto, and the rules and regulations
         promulgated thereunder, as in effect from time to time.
<PAGE>   9

                  Adjusted EBITDA means, as of any determination date, without
         duplication, the sum of (a) EBITDA of Borrowers and their Subsidiaries
         (other than the Restricted Foreign Subsidiaries) on a consolidated
         basis for the period in question and except to the extent intended to
         be included in clauses (1), (2) or (3) below, plus (b) the sum of the
         following:

                           (1)      with respect to each Target owned by
                  Borrower or any Subsidiary of Borrower for which Lender has
                  not received financial statements for at least one quarter
                  pursuant to subsection 6.3.2, the sum of Pro Forma EBITDA for
                  each such Target; plus

                           (2)      with respect to any Target owned by Borrower
                  or any Subsidiary of Borrower for one (1) full quarter or more
                  for which Lender has received the financial statements for
                  such quarters required pursuant to subsection 6.3.2, but owned
                  by any such Person for less than four (4) full quarters, the
                  product obtained by multiplying EBITDA of such Target for the
                  full quarters that such Target has been owned by such Person
                  for which Lender has received such financial statements by a
                  fraction, the numerator of which is four (4) and the
                  denominator of which is the number of full quarters that such
                  Target has been owned by such Person for which Lender has
                  received such financial statements; plus

                           (3)      with respect to any Target owned by Borrower
                  or any Subsidiary of Borrower for four (4) full quarters or
                  more for which Lender has received financial statements for
                  not less than a four-quarter period, EBITDA of such Target for
                  the trailing four-quarter period ending on the last day of the
                  immediately preceding the quarter for which Lender has
                  received such financial statements.

                  Affiliate means, as to any Person, any other Person that,
         directly or indirectly, through one or more intermediaries, is in
         control of, is controlled by, or is under common control with, such
         Person. A Person shall be deemed to control another Person if the
         controlling Person possesses, directly or indirectly, the power to
         direct or cause the direction of the management and policies of the
         other Person, whether through the ownership of voting securities, by
         contract or otherwise. Without limitation, any director, executive
         officer or beneficial owner of five percent (5%) or more of the equity
         of a Person shall, for purposes of this Loan Agreement, be deemed to
         control the other Person. Notwithstanding the foregoing, Lender shall
         not be deemed to be an "Affiliate" of Borrower or any Subsidiary of
         Borrower.

                  Agreement and Plan of Distribution means that certain
         Agreement and Plan of Distribution dated as of February 21, 2001 by and
         between InfoCure Corporation and Practice Works, as the same from time
         to time may be amended, modified or supplemented.

                                       2
<PAGE>   10

                  Applicable Margin means (i) during the period from and after
         the Closing Date through and including June 30, 2001, one and one-half
         percent (1.50%), (ii) during the period from and after July 1, 2001
         through and including December 31, 2001, one and three-quarters percent
         (1.75%), and (iii) from and after January 1, 2002, two and one-quarter
         percent (2.25%).

                  Approved Replacement means, with respect to any initial
         person, a person reasonably acceptable to Lender hired or engaged by
         Borrower to replace and perform the tasks of such initial person whose
         employment or occupancy of an office shall have ceased for any reason,
         which replacement shall have occurred on or before the ninetieth (90th)
         day after the cessation of the employment of or office occupancy by
         such initial person.

                  Assignment of Leases means an assignment of leases executed by
         Borrower or any Subsidiary of Borrower, in form and substance
         satisfactory to Lender.

                  Bankruptcy Code means the Federal Bankruptcy Reform Act of
         1978 (11 U.S.C. 101, et seq.), any successor statute thereto, and the
         rules, regulations and legally binding policies promulgated thereunder,
         as amended and in effect from time to time.

                  Base Rate means, at any time and from time to time, the higher
         of:

                           (i)      the per annum rate of interest announced or
                  published publicly from time to time by Citibank, N.A. in New
                  York, New York as its corporate base (or equivalent) rate of
                  interest (which rate (a) shall change automatically without
                  notice and simultaneously with each change in such corporate
                  base rate, (b) is a reference rate and (c) does not
                  necessarily represent the lowest or best rate actually charged
                  to any customer by Citibank, N.A. in New York, New York), and

                           (ii)     the sum of, for any day, (a) the weighted
                  average (rounded upwards, if necessary, to the next 1/100 of
                  1%) of the rates on overnight Federal funds transactions with
                  members of the Federal Reserve System arranged by Federal
                  funds brokers, as published on the next succeeding Business
                  Day by the Federal Reserve Bank of New York, or, if such rate
                  is not so published for any day that is a Business Day, the
                  average (rounded upwards, if necessary, to the next 1/100 of
                  1%) of the quotations for such day for such transactions
                  received by Lender from three Federal funds brokers of
                  recognized standing selected by it, plus (b) 0.50%.

                  Basic Financial Statements - as defined in subsection 6.3.3.

                  Borrower - see the Preamble of this Loan Agreement.

                  Borrower's Obligations means, collectively, (i) any and all
         Loans, Indebtedness, liabilities, obligations and fees due or to become
         due, whether now existing or hereafter

                                       3
<PAGE>   11

         arising, of Borrower and its Subsidiaries to Lender (or any other
         Person required to be indemnified) pursuant to the terms of this Loan
         Agreement, any other Loan Document, any Rate Contracts (to the extent
         between Borrower and Lender or any Affiliate of Lender) or otherwise,
         including, without limitation, the Commitment Fee and indemnification
         obligations, and (ii) the performance of the covenants of Borrower and
         its Subsidiaries contained in the Loan Documents.

                  Business Day means any day other than a Saturday, Sunday or
         other day on which banks in Phoenix, Arizona or New York, New York are
         required to close.

                  Capital Adequacy Regulation means any guideline, request or
         directive of any central bank or other Governmental Body, or any other
         law, rule or regulation, whether or not having the force of law, in
         each case, regarding capital adequacy of Lender or of any corporation
         controlling Lender.

                  Capital Expenditures means for any period and with respect to
         any Person, the aggregate of all (i) payments that are made or
         liabilities that are incurred by such Person and its Subsidiaries for
         the lease, purchase, improvement, construction or use of any Property,
         the value or cost of which under GAAP is required to be capitalized and
         appears on such Person's consolidated balance sheet in the category of
         property, plant or equipment, and (ii) Capital Expenditures/Research
         and Development Costs, in any case, without regard to the manner in
         which such payments or the instruments pursuant to which they are made
         are characterized by such Person or any other Person.

                  Capital Expenditures/Research and Development Costs means for
         any period and with respect to any Person, the aggregate of all
         expenditures by and costs of such Person and its Subsidiaries for
         research and development which are capitalized, in accordance with
         GAAP, on a consolidated balance sheet of such Person and its
         Subsidiaries.

                  Capitalized Lease means any lease of Property, the obligations
         for the rental of which are required to be capitalized in accordance
         with GAAP.

                  Cash Equivalents means (a) securities issued or fully
         guaranteed or insured by the United States Government or any agency
         thereof having maturities of not more than six (6) months from the date
         of acquisition; (b) certificates of deposit, time deposits, repurchase
         agreements, reverse repurchase agreements or bankers' acceptances
         having in each case a tenor of not more than six (6) months, issued by
         any U.S. commercial bank or any branch or agency of a non-U.S. bank
         licensed to conduct business in the U.S. having combined capital and
         surplus of not less than $500,000,000; and (c) commercial paper of an
         issuer rated at least A-1 by Standard & Poor's Corporation or P-1 by
         Moody's Investors Service Inc. and in either case having a tenor of not
         more than three (3) months.

                  Chief Financial Officer means the chief financial officer or
         treasurer of Borrower.

                                       4
<PAGE>   12

                  Closing means the disbursement of the Term Loan on the Closing
         Date.

                  Closing Date means the date on which all conditions precedent
         set forth in Section 4.1 are satisfied or waived by Lender.

                  Code means the Internal Revenue Code of 1986, any successor
         statute thereto, and the rules, regulations and legally binding
         policies promulgated thereunder, as amended and in effect from time to
         time.

                  Collateral means, collectively, (i) all existing and
         after-acquired Property of Borrower and its Subsidiaries, including,
         without limitation, all existing and after-acquired accounts,
         machinery, equipment, inventory, goods, fixtures, chattel paper,
         investment property, instruments, documents, deposit accounts and
         general intangibles, (ii) the Subsidiary Equity Interests and (iii) all
         proceeds of the foregoing.

                  Collateral Assignment of Distribution Transaction Documents
         means a collateral assignment of the Distribution Transaction
         Documents, in form and substance satisfactory to Lender.

                  Collateral Assignment of Medical Dynamics Loan Documents means
         a collateral assignment of the Medical Dynamics Loan Documents, in form
         and substance satisfactory to Lender.

                  Collateral Documents means, collectively, the Security
         Agreement, the Assignment of Leases, the Mortgages, the Pledge
         Agreement, the Subsidiary Guaranty, the Subsidiary Security Agreement,
         the Collateral Assignment of Distribution Transaction Documents, the
         Collateral Assignment of Medical Dynamics Loan Documents and all other
         security agreements, mortgages, deeds of trust, patent and trademark
         assignments, lease and other assignments, guarantees and other similar
         agreements, and all amendments, restatements, modifications or
         supplements thereof or thereto, between Borrower or any Subsidiary of
         Borrower and Lender now or hereafter delivered to Lender pursuant to or
         in connection with the transactions contemplated hereby, and all
         financing statements (or comparable documents now on file or hereafter
         filed in accordance with the UCC or comparable law) against Borrower or
         any Subsidiary of Borrower as debtor in favor of Lender, as secured
         party.

                  Commitment(s) means the commitment of Lender to make the Term
         Loan.

                  Commitment Fee - as defined in Section 2.9.

                  Common Stock Purchase Agreement means that certain Stock
         Purchase Agreement dated as of the date immediately following the
         Closing Date by and between Crescent International Ltd. and Borrower,
         pursuant to and subject to the terms of which Crescent

                                       5
<PAGE>   13

         International Ltd. shall provide to Borrower a $35,000,000 equity line
         and Borrower shall issue shares of its common stock to Crescent
         International Ltd. thereunder, as the same from time to time may be
         amended, modified or supplemented in accordance with the terms hereof.

                  Common Stock Purchase Documents means, collectively, (i) the
         Common Stock Purchase Agreement, (ii) the Registration Rights Agreement
         dated as of the date immediately following the Closing Date by and
         between Crescent International Ltd. and Borrower, (iii) the Incentive
         Warrant to be issued by Borrower to Crescent International Ltd. in
         accordance with the terms and conditions of the Common Stock Purchase
         Agreement, together with any and all warrants issued in replacement
         thereof or substitution therefor, (iv) the Protective Warrant to be
         issued by Borrower to Crescent International Ltd. in accordance with
         the terms and conditions of the Common Stock Purchase Agreement,
         together with any and all warrants issued in replacement thereof or
         substitution therefor, and (v) all other agreements, documents and
         instruments executed and delivered under the Common Stock Purchase
         Agreement, in each such case as the same from time to time may be
         amended, modified, supplement or restated in accordance with the terms
         hereof.

                  Compliance Certificate means a compliance certificate executed
         by the Chief Financial Officer, in substantially the form of EXHIBIT
         1.1 hereto.

                  Consolidated Net Income means, for any period, the net income
         of Borrower and its Subsidiaries (other than the Restricted Foreign
         Subsidiaries) for such period, on a consolidated basis, computed in
         accordance with GAAP.

                  Consolidated Net Worth means, as of any date of determination,
         the sum of (i) the net worth of Borrower and its Subsidiaries (other
         than the Restricted Foreign Subsidiaries) on such date, on a
         consolidated basis, computed in accordance with GAAP, plus (ii) from
         and after the date, if any, of issuance, the book value of any
         preferred stock of Borrower, as set forth in its financial statements
         to the extent prepared in accordance with GAAP, that shall have been
         issued to (a) Crescent International, Ltd. on the Closing Date in
         exchange for $5,000,000 in accordance with the Equity Purchase
         Agreement,(b) Ceramco, Inc., a wholly-owned Subsidiary of DENTSPLY
         International, Inc., after the Closing Date in respect of, and as
         consideration for, an Acquisition by Borrower of 100% of the equity
         interests of SoftDent, LLC (which shall have been the transferee of
         certain assets by Ceramco, Inc.) (the "Contemplated DENTSPLY
         Acquisition") and (c) the shareholders of Medical Dynamics, Inc., a
         Colorado corporation, after the Closing Date in respect of, and as
         consideration for, an Acquisition by Borrower of 100% of the equity
         interests of Medical Dynamics, Inc., a Colorado corporation (the
         "Contemplated MEDY Acquisition"); provided, that, nothing contained in
         this definition shall be construed as consent of or approval by Lender
         of the Acquisitions described in the foregoing clauses

                                       6
<PAGE>   14

         (ii)(b) and (ii)(c) of this definition, each of which shall be subject
         to such consent and approval, which may be granted of withheld by
         Lender in its sole and absolute discretion.

                  Contemplated DENTSPLY Acquisition - as defined within the
         definition of Consolidated Net Worth contained in this Section.

                  Contemplated MEDY Acquisition - as defined within the
         definition of Consolidated Net Worth contained in this Section.

                  Contribution means, collectively, (i) the contribution by
         InfoCure Corporation to PracticeWorks Systems of the "Included Assets"
         (as defined in the Agreement and Plan of Distribution) and the
         resulting issuance and delivery by PracticeWorks Systems to InfoCure
         Corporation of all of the equity interests of PracticeWorks Systems,
         (ii) the contribution by InfoCure Corporation to Borrower of all of the
         equity interests of PracticeWorks Systems and the resulting issuance
         and delivery by Borrower to InfoCure Corporation of all of the equity
         interests of PracticeWorks, and (iii) the contribution by InfoCure
         Corporation to Borrower of the equity interests of CADI Acquisition
         Corporation, a Colorado corporation, Swenam Holdings B.V., a
         Netherlands corporation, and InfoCure Australia Pty. Limited, a company
         organized under the laws of Australia, in each case pursuant to and in
         accordance with the terms of the Agreement and Plan of Distribution.

                  Default Rate means (i) with respect to the Term Loan, a rate
         equal to the Base Rate, plus the Applicable Margin then in effect, plus
         2.0% per annum, and (ii) with respect to any other amounts which may be
         owing by Borrower or any Subsidiary of Borrower to Lender pursuant to
         this Loan Agreement, the other Loan Documents or otherwise, the rate
         equal to the rate in the foregoing clause (i) of this definition.

                  Default Rate Period means a period of time commencing on the
         date an Event of Default has occurred and ending on the date that such
         Event of Default is cured or waived in writing by Lender.

                  Disposition means (a) the sale, lease, conveyance or other
         disposition of Property, other than sales or other dispositions
         expressly permitted under clause (i) and (ii) of Section 7.11, and (b)
         the sale or transfer by Borrower or any Subsidiary of Borrower of any
         equity securities issued by any Subsidiary of Borrower and held by such
         transferor Person.

                  Distribution means the "Distribution," as defined in the
         Agreement and Plan of Distribution, pursuant to which InfoCure
         Corporation shall distribute to the holders of its common stock the
         equity interests of Borrower that were the subject of the Contribution.

                                       7
<PAGE>   15

                  Distribution Transaction Documents means, collectively, (i)
         the Agreement and Plan of Distribution, (ii) the Employee Benefits and
         Compensation Allocation Agreement dated as of March 5, 2001 by and
         between InfoCure Corporation and Borrower, (iii) the Tax Disaffiliation
         Agreement dated as of March 5, 2001 by and between InfoCure Corporation
         and Borrower, (iv) the Transition Services Agreement, (v) the
         "Registration Statement" and the "Prospectus," in each case as defined
         in the Agreement and Plan of Distribution, (vi) the Software License
         Agreements, each dated as of March 5, 2001, by and between InfoCure
         Corporation and PracticeWorks Systems, (vii) the Assignment of
         Copyrights, each dated as of March 5, 2001, by InfoCure Corporation to
         and for the benefit of PracticeWorks Systems, (viii) all other
         "Ancillary Agreements" and "Intercompany Agreements", in each case as
         defined in the Agreement and Plan of Distribution, and (ix) all
         agreements, documents and instruments evidencing or otherwise
         pertaining to the ISI Merger and/or the Subsidiary Mergers, including,
         without limitation, amendments to constituent documents, certificates
         of merger and agreements and plans of merger, in each case as the same
         from time to time may be amended, modified or supplemented.

                  EBITDA means for any period, without duplication, net income
         (or loss) for the applicable period of measurement of Borrower and its
         Subsidiaries (other than the Restricted Foreign Subsidiaries) (or such
         other Persons as the context may require) on a consolidated basis
         determined in accordance with GAAP, plus the sum of the following to
         the extent deducted in determining such net income: (i) losses from
         sales, transactions, exchanges and other dispositions of Property and
         other extraordinary losses not in the ordinary course of business; (ii)
         interest, fees and other charges paid or accrued on Indebtedness for
         Borrowed Money; (iii) depreciation and amortization of Property; and
         (iv) income taxes which are accrued or paid during such period; less
         gains from sales, transactions, exchanges and other dispositions of
         Property and other extraordinary gains not in the ordinary course of
         business to the extent included in determining such net income.

                  Employee Benefit Plan means any employee benefit plan within
         the meaning of Section 3(3) of ERISA which (i) is maintained for
         employees of Borrower or any ERISA Affiliates of Borrower or (ii) has
         at any time within the preceding six (6) years been maintained for the
         employees of Borrower or any current or former ERISA Affiliates of
         Borrower.

                  Employment Agreements means, collectively, each of the
         employment agreements, dated as of the Closing Date, between Borrower
         and each of Richard E. Perlman, James K. Price, Dr. Jim Davis and James
         A. Cochran.

                  Environmental Certificate means an environmental certificate
         executed by Borrower, in form and substance satisfactory to Lender.

                                       8
<PAGE>   16

                  Environmental Laws means any and all federal, state and local
         laws that relate to or impose liability or standards of conduct
         concerning public or occupational health and safety or protection of
         the environment, as now or hereafter in effect and as have been or
         hereafter may be amended or reauthorized, including, without
         limitation, the Comprehensive Environmental Response, Compensation and
         Liability Act (42 U.S.C. ss. 9601 et seq.), the Hazardous Materials
         Transportation Act (42 U.S.C. ss. 1802 et seq.), the Resource
         Conservation and Recovery Act (42 U.S.C. ss. 6901 et seq.), the Federal
         Water Pollution Control Act (33 U.S.C. ss. 1251 et seq.), the Toxic
         Substances Control Act (15 U.S.C. ss. 2601 et seq.), the Clean Air Act
         (42 U.S.C. ss. 7901 et seq.), the National Environmental Policy Act (42
         U.S.C. ss. 4231, et seq.), the Refuse Act (33 U.S.C. ss. 407, et seq.),
         the Safe Drinking Water Act (42 U.S.C. ss. 300(f) et seq.), the
         Occupational Safety and Health Act (29 U.S.C. ss. 651 et seq.), and all
         rules, regulations, codes, ordinances and guidance documents
         promulgated or published thereunder, and the provisions of any
         licenses, permits, orders and decrees issued pursuant to any of the
         foregoing.

                  Equity Purchase Documents means, collectively, the Stock
         Purchase Agreement dated as of March 5, 2001 between Crescent
         International Ltd., an entity organized under the laws of Bermuda, and
         Borrower, and all agreements, documents and instruments executed and
         delivered in connection therewith, pursuant to which Crescent
         International Ltd. shall make a $5,000,000 capital contribution to
         Borrower on the Closing Date.

                  ERISA means the Employee Retirement Income Security Act of
         1974, and any successor statute thereto, and the rules, regulations and
         legally binding policies promulgated thereunder, as amended and in
         effect from time to time.

                  ERISA Affiliate means any Person who is a member of a group
         which is under common control with Borrower, who together with Borrower
         is treated as a single employer within the meaning of Section 414(b),
         (c) and (m) of the Code.

                  Event of Default means any of the Events of Default set forth
         in Section 8.1.

                  Excess Cash Flow means, for any period, (i) the Operating Cash
         Flow of Borrower and its Subsidiaries for such period, minus (ii) the
         aggregate of the following for such period: (A) Total Debt Service and
         (B) income taxes paid by Borrower and its Subsidiaries during such
         period.

                  Excess Interest - as defined in subsection 2.3.4.

                  Existing FINOVA Loan Agreement means that certain Loan
         Agreement dated August 11, 1999 among Lender, InfoCure Corporation and
         certain affiliates thereof, as amended from time to time.

                  FINOVA means FINOVA Capital Corporation, a Delaware
corporation.

                                       9
<PAGE>   17

                  Fiscal Year means the fiscal year of Borrower and its
         Subsidiaries for financial accounting purposes, which fiscal year ends
         on December 31. For example, a reference to the 2001 Fiscal Year of
         Borrower shall be deemed to refer to Borrower's Fiscal Year ended
         December 31, 2001.

                  Foreign Subsidiary means, with respect to Borrower or any
         Subsidiary of Borrower, a Subsidiary thereof that is not organized
         under the laws of any State of the United States.

                  GAAP means generally accepted accounting principles as in
         effect from time to time, which shall include but shall not be limited
         to the official interpretations thereof by the Financial Accounting
         Standards Board or any successor thereto.

                  Good Funds means United States Dollars available in Federal
         funds to Lender at or before 2:00 p.m., Phoenix time, on a Business
         Day.

                  Governmental Body means any foreign, federal, state, municipal
         or other government, or any department, commission, board, bureau,
         agency, public authority or instrumentality thereof or any court or
         arbitrator.

                  Hazardous Materials means any hazardous, toxic, dangerous or
         other waste, substance or material defined as such in, regulated by or
         for purposes of any Environmental Law.

                  HIPAA means the Health Insurance Portability & Accountability
         Act, as amended, any successor statute thereto, and the rules and
         regulations promulgated thereunder, as in effect from time to time.

                  Incipient Default means any event, circumstance or condition
         which, with the giving of notice, the lapse of time, or both, would
         constitute an Event of Default.

                  Indebtedness means all liabilities, obligations and reserves,
         contingent or otherwise, which, in accordance with GAAP, would be
         reflected as a liability on a balance sheet or would be required to be
         disclosed in a financial statement, including, without duplication: (i)
         Indebtedness for Borrowed Money, (ii) obligations secured by any Lien
         upon Property, (iii) guaranties, letters of credit and other contingent
         obligations and (iv) liabilities in respect of unfunded vested benefits
         under any Pension Plan or in respect of withdrawal liabilities incurred
         under ERISA by Borrower or any of its ERISA Affiliates to any
         Multiemployer Plan.

                  Indebtedness for Borrowed Money means, without duplication,
         all (i) Indebtedness in respect of borrowed money, (ii) Indebtedness
         evidenced by a note, debenture or other like written obligation to pay
         money (including, without limitation, all of Borrower's

                                       10
<PAGE>   18

         Obligations and Permitted Senior Indebtedness), (iii) Indebtedness in
         respect of rent or hire of Property under Capitalized Leases or for the
         deferred purchase price of Property or services, (iv) Indebtedness in
         respect of obligations under conditional sales or other title retention
         agreements, (v) all net obligations with respect to Rate Contracts and
         (vi) all guaranties of any or all of the foregoing.

                  InfoCure Corporation means InfoCure Corporation, a Delaware
         corporation.

                  InfoCure Systems means InfoCure Systems, Inc., a Georgia
         corporation.

                  Interest Payment Date means the first Business Day of each
         quarter.

                  ISI Merger means the merger of InfoCure Systems with and into
         InfoCure Corporation, with InfoCure Corporation being the surviving
         entity, pursuant to and in accordance with the terms of the Agreement
         and Plan of Distribution and the other Distribution Transaction
         Documents.

                  Landlord means a lessor under a Lease.

                  Landlord Consent means a consent from a Landlord in form and
         substance satisfactory to Lender.

                  Lease means any lease of real estate under which Borrower or
         any Subsidiary of Borrower is the lessee or sublessee.

                  Leasehold Property means any real estate which is the subject
         of a Lease.

                  License Agreements means all license agreements pursuant to
         which Borrower or any Subsidiary of Borrower is licensed to use the
         computer software or similar Property of any other Person in connection
         with the business of Borrower or such Subsidiary.

                  Licenses means all licenses, permits, consents, approvals and
         authority issued by any Governmental Body in connection with the
         operation of the business of Borrower or any Subsidiary of Borrower.

                  Lien means any mortgage, pledge, assignment, lien, charge,
         encumbrance or security interest of any kind, or the interest of a
         vendor or lessor under any conditional sale agreement, Capitalized
         Lease or other title retention agreement.

                  Loan Agreement means this Loan Agreement and any amendments or
         supplements hereto and restatements hereof.

                                       11
<PAGE>   19

                  Loan Documents means, collectively, this Loan Agreement, the
         Term Note, the Environmental Certificates, the Subsidiary Guaranty, the
         Collateral Documents, the Warrants, all agreements, documents and
         instruments delivered to Lender in connection therewith and all Rate
         Contracts between Borrower and Lender (or any Affiliate of Lender),
         including, without limitation, any subordination agreements covering or
         otherwise relating to any of the Subordinated Indebtedness.

                  Loans means the Term Loan or any portion thereof.

                  Loan Year means a period of time from the Closing Date or any
         anniversary of the Closing Date to the immediately succeeding
         anniversary of the Closing Date.

                  Material Adverse Effect means (i) a material adverse effect
         upon or change in the business, operations, Property, profits or
         condition (financial or otherwise) of Borrower and its Subsidiaries
         taken as a whole or upon the validity, enforceability or priority of
         the Security Interests or (ii) a material impairment of the ability of
         Borrower and its Subsidiaries taken as a whole to perform their
         obligations under any Loan Document or of Lender to enforce or collect
         any of Borrower's Obligations.

                  Maximum Rate - as defined in subsection 2.3.4.

                  Medical Dynamics Loan means the secured loan made by
         PracticeWorks Systems (by assignment from InfoCure Corporation) to
         Medical Dynamics, Inc., a Colorado corporation, and Computer Age
         Dentist, Inc., a California corporation, in the maximum principal
         amount of $1,650,000.

                  Medical Dynamics Loan Documents means, collectively, the Loan
         and Security Agreement dated as of October 28, 1999 among PracticeWorks
         Systems (by assignment from InfoCure Corporation), Medical Dynamics,
         Inc., a Colorado corporation, and Computer Age Dentist, Inc., a
         California corporation, and the other agreements, documents and
         instruments executed in connection therewith, in each case, as the same
         have been amended prior to the date hereof and as the same hereafter
         may be amended, modified or supplemented after the date hereof in
         accordance with the terms hereof.

                  Mortgage means any mortgage, deed of trust or other document
         creating a Lien on any parcel of Real Estate in favor of Lender, in
         form and substance satisfactory to Lender.

                  Multiemployer Plan means any multiemployer plan as defined
         pursuant to Section 3(37) of ERISA to which Borrower or any ERISA
         Affiliate of Borrower makes, or accrues an obligation to make
         contributions, or has made, or been obligated to make, contributions
         within the preceding six (6) years.

                                       12
<PAGE>   20

                  Net Issuance Proceeds means, in respect of any issuance of
         debt or equity, cash proceeds or non-cash proceeds received or
         receivable in connection therewith, net of reasonable out-of-pocket
         costs and expenses paid or incurred in connection therewith in favor of
         any Person not an Affiliate of Borrower; provided, however, that the
         term "Net Issuance Proceeds" shall not include any proceeds (i)
         received by PracticeWorks in connection with the issuance of stock to
         its employees in the ordinary course of business pursuant to a stock
         option plan maintained by PracticeWorks or (ii) of the Term Loan.

                  Net Proceeds means proceeds in cash, checks or other cash
         equivalent financial instruments (including cash equivalents) as and
         when received by the Person making a Disposition, net of: (a) the
         direct costs relating to such Disposition excluding amounts payable to
         Borrower or any Affiliate of Borrower, (b) sale, use or other
         transaction taxes paid or payable as a result thereof and (c) amounts
         required to be applied to repay principal, interest and prepayment
         premiums and penalties on Indebtedness secured by a Lien on the asset
         which is the subject of such Disposition.

                  Operating Agreements means all right-of-entry agreements,
         access agreements, advertising contracts, equipment leases, agreements
         pursuant to which any Person provides electronic data service to
         Borrower or any Subsidiary of Borrower, service contracts and similar
         agreements relating to the operation of the business of Borrower or any
         Subsidiary of Borrower, excluding Leases.

                  Operating Cash Flow means, for any period, Adjusted EBITDA of
         Borrower and its Subsidiaries (other than the Restricted Foreign
         Subsidiaries) for such period, less Capital Expenditures made or
         incurred by Borrower and its Subsidiaries during such period.

                  Operating Lease means any lease which, under GAAP, is not
         required to be capitalized.

                  PBGC means the Pension Benefit Guaranty Corporation or any
         Governmental Body succeeding to the functions thereof.

                  Pension Plan means any Employee Benefit Plan, other than a
         Multiemployer Plan, which is subject to the provisions of Part 3 of
         Title I of ERISA, Title IV of ERISA, or Section 412 of the Code and
         which (i) is maintained for employees of Borrower or any of its ERISA
         Affiliates of Borrower, or (ii) has at any time within the preceding
         six (6)years been maintained for the employees of Borrower or any
         current or former ERISA Affiliates of Borrower.

                  Permitted Liens means any of the following Liens:

                  (i)      the Security Interests;

                                       13
<PAGE>   21

                  (ii)     the Permitted Senior Indebtedness Liens;

                  (iii)    Liens for taxes or assessments and similar charges,
                           which either are (a) not delinquent or (b) being
                           contested diligently and in good faith by appropriate
                           proceedings, and as to which Borrower or any
                           Subsidiary of Borrower has set aside reserves on its
                           books which are satisfactory to Lender;

                  (iv)     statutory Liens, such as mechanic's, materialman's,
                           warehouseman's, carrier's or other like Liens,
                           incurred in good faith in the ordinary course of
                           business, provided that the underlying obligations
                           relating to such Liens are paid in the ordinary
                           course of business, or are being contested diligently
                           and in good faith by appropriate proceedings and as
                           to which Borrower has set aside reserves on its books
                           satisfactory to Lender, or the payment of which
                           obligations are otherwise secured in a manner
                           satisfactory to Lender;

                  (v)      zoning ordinances, easements, licenses, reservations,
                           provisions, covenants, conditions, waivers or
                           restrictions on the use of Property and other title
                           exceptions, in each case, that are acceptable to
                           Lender;

                  (vi)     Liens in respect of judgments or awards with respect
                           to which no Event of Default would exist pursuant to
                           subsection 8.1.6; and

                  (vii)    Liens to secure payment of insurance premiums (a) to
                           be paid in accordance with applicable laws in the
                           ordinary course of business relating to payment of
                           worker's compensation, or (b) that are required for
                           the participation in any fund in connection with
                           worker's compensation, unemployment insurance,
                           old-age pensions or other social security programs.

                  Permitted Prior Liens means any of the following Liens:

                  (i)      the Permitted Senior Indebtedness Liens;

                  (ii)     the Permitted Liens described in clauses (iii) and
                           (iv) of the definition of Permitted Liens that are
                           accorded priority to the Security Interests by law;
                           and

                  (iii)    the Permitted Liens described in clauses (v) and
                           (vii) of the definition of Permitted Liens, subject
                           to the limitations set forth therein.

                  Permitted Senior Indebtedness means Indebtedness, other than
         Borrower's Obligations, incurred to purchase tangible personal property
         or Indebtedness incurred to lease tangible personal property pursuant
         to Capitalized Leases, provided that (i) such aggregate Indebtedness of
         Borrower existing as of the Closing Date shall not exceed

                                       14
<PAGE>   22

         $3,700,000 in the aggregate, (ii) during any Loan Year after the
         Closing Date, the aggregate amount of such Indebtedness of Borrower and
         its Subsidiaries at any one time outstanding during such Loan Year
         shall not exceed $3,700,000 and principal payments made with respect to
         such Indebtedness during such Loan Year shall not exceed $1,100,000 in
         the aggregate, and (iii) no Event of Default exists at the time or will
         be caused as a result of the incurrence of any Indebtedness described
         in clause (ii) of this definition.

                  Permitted Senior Indebtedness Liens means Liens that secure
         Permitted Senior Indebtedness, provided that each such Lien attaches
         only to the Property purchased or leased with the proceeds of the
         Permitted Senior Indebtedness incurred with respect to such Property.

                  Person means any individual, firm, corporation, business
         enterprise, trust, association, joint venture, partnership, limited
         liability company or partnership, Governmental Body or other entity,
         whether acting in an individual, fiduciary or other capacity.

                  Pledge Agreement means, collectively, the pledge agreements
         executed by Borrower and such other Persons, pursuant to which Lender
         is granted a first Lien upon the Subsidiary Equity Interests, in form
         and substance satisfactory to Lender.

                  PracticeWorks Systems means PracticeWorks Systems, LLC, a
         Georgia limited liability company and a wholly-owned domestic
         Subsidiary of Borrower.

                  Principal Balance means the unpaid principal balance of the
         Term Loan or any specified portion thereof outstanding from time to
         time.

                  Pro Forma EBITDA means, with respect to any Target, EBITDA for
         such Target for the most recent twelve-month period (or, if otherwise
         designated, for any other applicable period or periods) for which
         financial statements are available at the time of determination
         thereof, adjusted for verifiable expense reductions which are expected
         to be realized, calculated by Borrowers and approved by Lender, in its
         sole and absolute discretion.

                  Property means all types of real, personal or mixed property
         and all types of tangible or intangible property.

                  Qualified Depository means a member bank of the Federal
         Reserve System having a combined capital and surplus of at least
         $100,000,000.

                                       15
<PAGE>   23

                  Rate Contracts means swap agreements (as such term is defined
         in Section 101 of the Bankruptcy Code) and any other agreements or
         arrangements designed to provide protection against fluctuations in
         interest or currency exchange rates.

                  Real Estate means any real estate which is owned, beneficially
         or otherwise, by Borrower or any Subsidiary of Borrower.

                  Related Transactions means, collectively, the ISI Merger, the
         Subsidiary Mergers, the Distribution, the Contribution and any
         Acquisitions consummated by Borrower or any of its Subsidiaries, and
         the other transactions contemplated by the Related Transaction
         Documents.

                  Related Transaction Documents means the Distribution
         Transaction Documents, the Common Stock Purchase Documents, any
         Acquisition Documents, the Equity Purchase Documents, the Medical
         Dynamics Loan Documents and the Employment Agreements.

                  Requirement of Law means, as to any Person, any law (statutory
         or common), treaty, rule or regulation or determination of an
         arbitrator or of a Governmental Body, in each case applicable to or
         binding upon such Person or any of its Property or to which such Person
         or any of its Property is subject.

                  Responsible Officer means the Chief Executive Officer or the
         president of Borrower, or any other officer having substantially the
         same authority and responsibility; or, with respect to compliance with
         financial covenants, the chief financial officer or the treasurer of
         Borrower, or any other officer having substantially the same authority
         and responsibility.

                  Restricted Foreign Subsidiaries means, collectively, Swenam
         Holdings, B.V., a Netherlands corporation, InfoCure Australia Pty.
         Limited, an Australian corporation, PracticeWorks Limited, a United
         Kingdom corporation, Scandic Dental Computer Systems AB, a Swedish
         corporation, Medical and Dental Business Solutions (Sweden) AB, a
         Swedish corporation, Devage Pty Limited, an Australian corporation, and
         InfoCure Orthodontics Pty. Limited, an Australian corporation,

                  Securities Act means the Securities Act of 1933, the
         Securities Exchange Act of 1934, any successor statute thereto, and the
         rules, regulations and legally binding policies of the Securities
         Exchange Commission promulgated thereunder, as amended and in effect
         from time to time.

                  Security Interests means the Liens in the Collateral granted
         to Lender pursuant to the Collateral Documents and any other agreement,
         document or instrument now or hereafter executed by Borrower, any
         Subsidiary of Borrower or any other Person which

                                       16
<PAGE>   24

         purports to grant a Lien on the Property of Borrower, such Subsidiary
         or such other Person in favor of Lender.

                  Security Agreement means a security agreement made by Borrower
         in favor of Lender, in form and substance satisfactory to Lender.

                  Stated Rate - as defined in subsection 2.3.4.

                  Subordinated Indebtedness means all unsecured Indebtedness for
         Borrowed Money of Borrower or any Subsidiary of Borrower approved and
         consented to by Lender and which is subordinated in right of payment
         and action to Borrower's Obligations, but specifically excluding the
         Indebtedness for Borrowed Money described on EXHIBIT 7.1 hereto.

                  Subsidiary of a Person means any other Person of which more
         than fifty percent (50%) of the voting stock or other equity interests
         (in the case of Persons other than corporations) is owned or
         controlled, directly or indirectly, by such Person, or one or more of
         the Subsidiaries of such Person, or any combination thereof.

                  Subsidiary Equity Interests means all of the issued and
         outstanding capital stock, partnership and limited liability company
         interests and other equity interests, any all warrants, options and
         other rights to purchase or otherwise acquire any capital stock,
         partnership and limited liability company interests or other equity
         interests, of the Subsidiaries of Borrower.

                  Subsidiary Guaranty means the guaranty made by the
         Subsidiaries of Borrower (subject to Section 6.15) in favor of Lender,
         in form and substance satisfactory to Lender.

                  Subsidiary Mergers means, collectively, the merger of Applied
         Professional Systems, Inc., a Delaware corporation, Technos
         Corporation, a New Hampshire corporation, and DataTrac Services
         Corporation, a Kansas corporation, with and into InfoCure Systems, with
         InfoCure Systems being the surviving entity.

                  Subsidiary Security Agreement means the security agreement
         made by the Subsidiaries of Borrower (subject to Section 6.15) in favor
         of Lender, in form and substance satisfactory to Lender.

                  Target means (i) any other Person engaged in business
         activities primarily related to the business activities of Borrower or
         (ii) a business unit or asset group of any other Person which is used
         in business activities primarily related to the business activities of
         Borrower, in each case acquired or proposed to be acquired in an
         Acquisition; provided, that, with respect to the calculation of
         Adjusted EBITDA, the term "Target" shall be deemed also to include any
         Person or business unit or asset group of any other Person that shall
         have been

                                       17
<PAGE>   25

         acquired by Borrower or any Subsidiary of Borrower pursuant to an
         Acquisition (which shall have been approved and consented to by Lender
         in writing in its sole and absolute discretion) during the twelve-month
         period ending on the Closing Date.

                  Term Loan means the term loan in the amount of $21,660,167.00
         to be made by Lender to Borrower pursuant to subsection 2.1.1.

                  Term Note means a promissory note of Borrower payable to the
         order of Lender evidencing the Term Loan.

                  Termination Event means (i) a "Reportable Event" described in
         Section 4043 of ERISA and the regulations issued thereunder; or (ii)
         the withdrawal of Borrower or any ERISA Affiliate of Borrower from a
         Pension Plan during a plan year in which it was a "substantial
         employer" as defined in Section 4001(a)(2); or (iii) the termination of
         a Pension Plan, the filing of a notice of intent to terminate a Pension
         Plan or the treatment of a Pension Plan amendment as a termination
         under Section 4041 of ERISA; or (iv) the institution of proceedings to
         terminate, or the appointment of a trustee with respect to, any Pension
         Plan by the PBGC; or (v) any other event or condition which would
         constitute grounds under Section 4042(a) of ERISA for the termination
         of, or the appointment of a trustee to administer, any Pension Plan; or
         (vi) the partial or complete withdrawal of Borrower or any ERISA
         Affiliate of Borrower from a Multiemployer Plan; or (vii) the
         imposition of a lien pursuant to Section 412 of the Code or Section 302
         of ERISA; or (viii) any event or condition which results in the
         reorganization or insolvency of a Multiemployer Plan under Sections
         4241 or 4245 of ERISA; or (ix) any event or condition which results in
         the termination of a Multiemployer Plan under Section 4041A of ERISA or
         the institution by the PBGC of proceedings to terminate a Multiemployer
         Plan under Section 4042 of ERISA.

                  Total Debt Service means during any period, all payments of
         principal, interest, premium, loan fees and other charges with respect
         to Indebtedness for Borrowed Money of Borrower and its Subsidiaries
         (including, without limitation, Borrower's Obligations, Permitted
         Senior Indebtedness and Subordinated Indebtedness), which payments are
         required or permitted to be made pursuant to this Loan Agreement and
         are due and payable during such period.

                  Transition Services Agreement means that certain Transition
         Services Agreement dated as of March 5, 2001 by and between InfoCure
         Corporation and Borrower, as the same from time to time may be amended,
         modified or supplemented.

                  UCC or Uniform Commercial Code means the Uniform Commercial
         Code as in effect from time to time in the State of Arizona.

                                       18
<PAGE>   26

                  Warrants means, collectively, those that certain Warrant
         Agreements with an original issue date of the Closing Date issued by
         Borrower to and for the benefit of Lender, together with any warrants
         issued in replacement thereof or substitution therefor, in each case as
         the same may be amended, modified, supplemented or restated from time
         to time.

                  WebMD means WebMD Corporation, a Delaware corporation.

         1.2      TIME PERIODS. In this Loan Agreement and the other Loan
Documents, in the computation of periods of time from a specified date to a
later specified date, (i) the word "from" means "from and including," (ii) the
words "to" and "until" each mean "to, but excluding" and (iii) the words
"through," "end of" and "expiration" each mean "through and including." Unless
otherwise specified, all references in this Loan Agreement and the other Loan
Documents to (i) a "month" shall be deemed to refer to a calendar month, (ii) a
"quarter" shall be deemed to refer to a calendar quarter and (iii) a "year"
shall be deemed to refer to a calendar year.

         1.3      ACCOUNTING TERMS AND DETERMINATIONS. All accounting terms not
specifically defined herein shall be construed, all accounting determinations
hereunder shall be made and all financial statements required to be delivered
pursuant hereto shall be prepared in accordance with GAAP as in effect at the
time of such interpretation, determination or preparation, as applicable. In the
event that any Accounting Changes (as hereinafter defined) occur and such
changes result in a change in the method of calculation of financial covenants,
standards or terms contained in this Loan Agreement, then Borrower and Lender
agree to enter into negotiations to amend such provisions of this Loan Agreement
so as to reflect such Accounting Changes with the desired result that the
criteria for evaluating the financial condition of Borrower shall be the same
after such Accounting Changes as if such Accounting Changes had not been made.
For purposes hereof, "Accounting Changes" shall mean (i) changes in generally
accepted accounting principles required by the promulgation of any rule,
regulation, pronouncement or opinion by the Financial Accounting Standards Board
of the American Institute of Certified Public Accountants (or any successor
thereto) or other appropriate authoritative body and (ii) changes in accounting
principles as approved by Borrower's accountants.

         1.4      REFERENCES. All references in this Loan Agreement to
"Article," "Section," "subsection," "subparagraph," "clause" or "Exhibit,"
unless otherwise indicated, shall be deemed to refer to an Article, Section,
subsection, subparagraph, clause or Exhibit, as applicable, of this Loan
Agreement.

         1.5      LENDER'S DISCRETION. Whenever the terms "satisfactory to
Lender," "determined by Lender," "acceptable to Lender," "Lender shall elect,"
"Lender shall request," "at the option or election of Lender," or similar terms
are used in the Loan Documents, except as otherwise specifically provided
therein, such terms shall mean satisfactory to, at the election or option of,
determined by, acceptable to or requested by Lender, in its sole and unlimited
discretion.

                                       19
<PAGE>   27

         1.6      BORROWER'S KNOWLEDGE. Any statements, representations or
warranties in the Loan Documents that are based upon the knowledge or best
knowledge of Borrower or an officer thereof shall be deemed to have been made
after due inquiry by the officer making such statements, representations or
warranties on behalf of Borrower or himself or herself, as applicable, with
respect to the matter in question, and Borrower shall not be imputed with
knowledge of any fact or circumstance unless a Responsible Officer of Borrower
shall have or should have had actual knowledge of such fact or circumstance.

                                   ARTICLE II

                   TERM LOAN AND TERMS OF PAYMENT; SYNDICATION

         2.1      TERM LOAN. Lender agrees, on the terms and conditions
hereinafter set forth, to disburse the proceeds of the Term Loan to or at the
direction of Borrower on the Closing Date. Borrower hereby agrees and
acknowledges that the Principal Balance of the Term Loan as of the Closing Date
equals $21,660,167.00, which amount equals the sum of (i) the principal portion
of the "Revolving Loans" (as defined in the Existing FINOVA Loan Agreement)
repaid with the proceeds of the Term Loan equal to $21,637,243.00, plus (ii) the
portion of accrued and unpaid interest on such "Revolving Loans" equal to
$22,924.00, which hereby is capitalized and a part of the initial Principal
Balance of the Term Loan. Borrower hereby authorizes Lender to so repay the
portion of the "Revolving Loans" (as defined in the Existing FINOVA Loan
Agreement) and such portion of accrued and unpaid interest thereon by internal
transfer.

         2.2      USE OF PROCEEDS, TERM NOTE AND REBORROWING.

                  2.2.1    USE OF PROCEEDS. The proceeds of the Term Loan shall
         be used solely to repay a portion of certain Indebtedness owed to
         Lender under the Existing FINOVA Loan Agreement, or to repay
         intercompany Indebtedness owing by Borrower to InfoCure Corporation (to
         the extent contemporaneously used by InfoCure Corporation to repay a
         portion of the Indebtedness owed to Lender under the Existing FINOVA
         Loan Agreement) and to pay related transaction costs.

                  2.2.2    TERM NOTE. The Term Loan shall be evidenced by the
         Term Note.

                  2.2.3    REBORROWING. Borrower may not reborrow all or any
         portion of the Term Loan which is repaid or prepaid.

         2.3      INTEREST.

                  2.3.1    INTEREST RATES AND PAYMENT. Except as provided in
         subsection 2.3.2, the Principal Balance of the Term Loan shall bear
         interest at a per annum rate equal to the Base Rate, plus the
         Applicable Margin. Interest shall be payable in arrears on each

                                       20
<PAGE>   28

         Interest Payment Date. Interest also shall be paid on the date of any
         payment or prepayment of the Term Loan pursuant to Sections 2.6 and
         2.8.

                  2.3.2    DEFAULT RATE. During a Default Rate Period,
         Borrower's Obligations shall bear interest at the applicable Default
         Rate.

                  2.3.3    INTEREST AND FEES COMPUTATION. Computations of
         interest on fees and all other Borrower's Obligations (other than the
         Term Loan) shall be computed on the basis of a year consisting of 360
         days and charged for the actual number of days during the period for
         which such interest and fees are being charged. Computations of
         interest on the Term Loan shall be computed on the basis of a year
         consisting of 365 days (or, in the case of a leap year, 366 days) and
         charged for the actual number of days during the period for which such
         interest is being charged. In computing interest and fees, the date of
         funding shall be included and the date of payment shall be excluded.

                  2.3.4    MAXIMUM INTEREST. Notwithstanding any provision to
         the contrary contained herein or in any other Loan Document, Lender
         shall not collect a rate of interest on any obligation or liability due
         and owing by Borrower to Lender in excess of the maximum contract rate
         of interest permitted by applicable law (such excess referred to as
         "Excess Interest"). Lender and Borrower agree that the interest laws of
         the State of Arizona shall govern the relationship among them and
         understand and believe that the transactions contemplated by the Loan
         Documents comply with the usury laws of the State of Arizona, but in
         the event of a final adjudication to the contrary, Borrower shall be
         obligated to pay, nunc pro tunc, to Lender only such interest as then
         shall be permitted by the laws of the state found to govern the
         contract relationship between Lender and Borrower. If any Excess
         Interest is provided for or determined by a court of competent
         jurisdiction to have been provided for in this Loan Agreement or any
         other Loan Document, then in such event (i) Borrower shall not be
         obligated to pay such Excess Interest, (ii) any Excess Interest
         collected by Lender shall be, at Lender's option, (A) applied to the
         Principal Balance in such manner as Lender may elect or to accrued and
         unpaid interest not in excess of the maximum rate permitted by
         applicable law (the "Maximum Rate") or (B) refunded to the payor
         thereof, (iii) the interest rates provided for herein (the "Stated
         Rate") shall be automatically reduced to the Maximum Rate and the Loan
         Documents shall be deemed to have been, and shall be, modified to
         reflect such reduction and (iv) Borrower shall not have any action
         against Lender for any damages arising out of the payment or collection
         of such Excess Interest; provided, however, that if at any time
         thereafter the Stated Rate is less than the Maximum Rate, Borrower
         shall, to the extent permitted by law, continue to pay interest at the
         Maximum Rate until such time as the total interest received by Lender
         is equal to the total interest which Lender would have received had the
         Stated Rate been (but for the operation of this provision) the interest
         rate payable. Thereafter, the interest rate payable shall be the Stated
         Rate unless and until the Stated Rate again exceeds the Maximum Rate,
         in which event the provisions contained in this subsection 2.3.4 shall
         again apply.

                                       21
<PAGE>   29

         2.4      INTENTIONALLY OMITTED.

         2.5      INTENTIONALLY OMITTED.

         2.6      SCHEDULED PRINCIPAL REPAYMENTS. The Principal Balance of the
Term Loan shall be paid in installments on the dates and in the respective
amounts shown below:

<TABLE>
<CAPTION>
                                         Amount of Payment (expressed as
                                         percentage of the Principal Balance
                Date of Payment          on the Closing Date)
                ---------------          -----------------------------------
                <S>                      <C>
                October 1, 2001                         5%
                January 1, 2002                         5%
                April 1, 2002                           5%
                July 1, 2002                            5%
                October 1, 2002                         5%
                January 1, 2003                         5%
                April 1, 2003                           5%
                June 30, 2003                          65%
</TABLE>

         The then remaining Principal Balance of the Term Loan, and any other
sums which then are due and payable pursuant to the terms of the Loan Documents,
shall be due and payable on June 30, 2003.

         2.7      LATE CHARGES. If a payment of principal, interest or any fee
to be made pursuant to this Loan Agreement or any other Loan Document becomes
past due for a period in excess of five (5) days, Borrower shall pay to Lender
on demand a late charge of five percent (5.0%) of the amount of such overdue
payment.

         2.8      OPTIONAL/VOLUNTARY AND MANDATORY PREPAYMENT.

                  2.8.1    VOLUNTARY PREPAYMENTS. Borrower may at any time and
         from time to time voluntarily prepay all or any portion of the
         Principal Balance, subject to the following terms and conditions:

                           (A)      NOTICE OF PREPAYMENT; NUMBER AND AMOUNT OF
                  PREPAYMENTS. Not less than ten (10) days prior to the date
                  upon which Borrower desires to make any such voluntary
                  prepayment, Borrower shall deliver to Lender notice of its
                  intention to prepay, which notice shall state the prepayment
                  date and the amount of the Principal Balance to be prepaid. No
                  partial prepayment of the Principal Balance shall be in an
                  amount less than $100,000 or integral multiples of $100,000 in
                  excess thereof. A voluntary prepayment of the Principal
                  Balance shall not be made more frequently than once each
                  month. If Borrower delivers to Lender a notice of prepayment
                  and fails to make such prepayment, Borrower shall reimburse

                                       22
<PAGE>   30

                  Lender on demand for any actual out-of-pocket loss, cost
                  and/or expense incurred by Lender as a result of Lender's
                  reliance on such notice.

                           (B)      ADDITIONAL PAYMENTS. Concurrently with any
                  prepayment pursuant to this subsection 2.8.1, Borrower shall
                  pay to Lender (i) accrued and unpaid interest on the Principal
                  Balance which is being prepaid to the date on which Lender is
                  in receipt of Good Funds, (ii) any amounts required to be paid
                  in connection therewith pursuant Section 11.4 and (iii) any
                  other sums which are due and payable pursuant to the terms of
                  any of the Loan Documents.

                           (C)      APPLICATION OF VOLUNTARY PREPAYMENTS.
                  Voluntary partial prepayments of the Term Loan shall be
                  applied against the scheduled installments of the Term Loan in
                  inverse order of maturity.

                  2.8.2    MANDATORY PREPAYMENTS.

                           (A)      EXCESS CASH FLOW PAYMENTS. Until Borrower's
                  Obligations are paid and performed in full, for the Fiscal
                  Year of Borrower ending December 31, 2001, Borrower shall pay
                  to Lender an amount equal to fifty percent (50%) of the Excess
                  Cash Flow for such Fiscal Year. Each such payment shall be
                  made within thirty (30) days after the date that Borrower is
                  required to deliver to Lender the audited financial statements
                  for such Fiscal Year pursuant to subsection 6.3.3.

                           (B)      DISPOSITIONS. If Borrower or any Subsidiary
                  of Borrower at any time or from time to time shall make or
                  agree to make a Disposition, then Borrower shall promptly
                  notify Lender of such proposed Disposition (including the
                  amount of the estimated Net Proceeds to be received by
                  Borrower in respect thereof). Borrower shall deliver to
                  Lender, promptly after receipt, 100% of all Net Proceeds of
                  any Disposition as a prepayment of the Term Loan; provided,
                  that, notwithstanding the foregoing, to the extent the
                  aggregate Net Proceeds of such Disposition and all other
                  Dispositions occurring during the then current Fiscal Year of
                  Borrower and its Subsidiaries do not exceed $370,000, and
                  Borrower reasonably expects such Net Proceeds to be reinvested
                  in productive assets of a kind then used or useable in the
                  business of Borrower and its Subsidiaries within ninety (90)
                  days after receipt thereof, then Borrower may use such Net
                  Proceeds for such purposes; provided, further, that, if
                  Borrower does not reasonably expect such Net Proceeds to be so
                  used or Borrower fails to so reinvest such Net Proceeds within
                  such ninety (90) days, Borrower shall promptly deliver 100% of
                  such Net Proceeds to Lender as a prepayment of the Term Loan.

                           (C)      EQUITY ISSUANCES. If Borrower or any
                  Subsidiary of Borrower shall issue equity securities (except
                  to the extent an Event of Default would otherwise arise or be
                  created, the provisions of this subsection (c) shall not apply
                  to the

                                       23
<PAGE>   31

                  following: (i) issuances by any Subsidiary of Borrower to
                  Borrower or a wholly-owned domestic Subsidiary of Borrower,
                  (ii) issuances on the Closing Date in connection with the
                  Distribution and pursuant to the Equity Purchase Documents
                  (including any conversion of preferred stock under the Equity
                  Purchase Documents), (iii) issuances by Borrower as
                  consideration for any Acquisition consummated by Borrower in
                  accordance with the terms of this Loan Agreement, (iv)
                  issuances of common stock by Borrower to plan participants
                  pursuant to its 401(k) plan or a comparable Employee Benefits
                  Plan or any employee stock option plan, (v) issuances of
                  common stock of Borrower upon the exercise of warrants and
                  (vi) issuance of common stock of Borrower to WebMD in
                  settlement of certain conversion rights of WebMD, if any, in
                  respect of WebMD's $10,000,000 cash investment in InfoCure
                  Corporation consummated prior to the Closing Date (which
                  issuance shall be on the same percentage basis as the
                  Distribution)), Borrower shall promptly notify Lender of the
                  estimated Net Issuance Proceeds of such issuance to be
                  received by Borrower or such Subsidiary in respect thereof.
                  With respect to Net Issuance Proceeds from any such issuances
                  by Borrower, if any Event of Default shall exist on the date
                  of either such issuance or Borrower's receipt of such Net
                  Issuance Proceeds, or if any Event of Default shall result
                  from the consummation of such issuance, promptly upon receipt
                  by Borrower of the Net Issuance Proceeds of such issuance,
                  Borrower shall deliver to Lender 100% of such Net Issuance
                  Proceeds as a prepayment of the Principal Balance. With
                  respect to Net Issuance Proceeds from any such issuances by
                  any Subsidiary of Borrower, promptly upon receipt by Borrower
                  or such Subsidiary of the Net Issuance Proceeds of such
                  issuance, Borrower and such Subsidiary shall deliver to Lender
                  100% of such Net Issuance Proceeds as a prepayment of the
                  Principal Balance.

                           (D)      PREPAYMENTS IN RESPECT OF EXERCISE OF
                  REMEDIES. Concurrently with any payment of the Principal
                  Balance received by Lender resulting from the exercise by
                  Lender of any remedy available to Lender subsequent to the
                  occurrence of an Event of Default and the acceleration of
                  Borrower's Obligations, Borrower shall pay to Lender such
                  other amounts, as applicable, in accordance with Section 11.4.

                           (E)      APPLICATION OF MANDATORY PREPAYMENTS.
                  Prepayments received by Lender pursuant to this subsection
                  2.8.2 shall be applied in the following order of priority to
                  the payment of: (i) any and all sums which are due and payable
                  pursuant to the terms of the Loan Documents, except the
                  Principal Balance and accrued and unpaid interest thereon but
                  specifically including fees payable in accordance with Section
                  11.4; (ii) accrued and unpaid interest on the portion of the
                  Principal Balance being prepaid; (iii) any other accrued and
                  unpaid interest which is unpaid; and (iv) the installments of
                  the Principal Balance of the Term Loan in inverse order of
                  maturity. Together with each prepayment under this subsection
                  2.8.2, Borrower shall pay any amounts required pursuant to
                  Section 11.4.

                                       24
<PAGE>   32

                  2.8.3    INTENTIONALLY OMITTED.

         2.9      COMMITMENT FEE. Borrower shall pay to Lender on the Closing
Date a commitment fee equal to $183,500 (the "Commitment Fee"), which fee shall
be deemed fully earned on the Closing Date.

         2.10     INTENTIONALLY OMITTED.

         2.11     INTENTIONALLY OMITTED.

         2.12     PAYMENTS AFTER EVENT OF DEFAULT. All payments received by
Lender during the existence of an Event of Default shall be applied in
accordance with Section 8.4.

         2.13     METHOD OF PAYMENT; GOOD FUNDS. All payments to be made
pursuant to the Loan Documents by Borrower shall be made by wire transfer of
Good Funds to the account of Lender at Citibank, N.A., 399 Park Avenue, New
York, New York, ABA 021000089, Credit: FINOVA Capital Corporation, Credit
Account No. 40701338, Reference: PracticeWorks Loan, Attention: Mary Kay Ross,
or to such other account as Lender shall notify Borrower. All payments
(including prepayments) to be made by Borrower on account of principal,
interest, fees and other amounts required hereunder shall be made without
off-set, recoupment or counterclaim.

         2.14     SYNDICATION. Borrower agree and acknowledge that (i) Lender
shall have the right at any time to sell, assign and transfer any portion of its
loan position to one or more lenders or otherwise syndicate the transaction
contemplated by this Loan Agreement, (ii) in connection with any such sale,
assignment, transfer or syndication, Lender shall have the right to disclose to
such prospective lender(s) any and all information regarding or relating to
Borrower, the transactions contemplated by this Loan Agreement and the other
Loan Documents which have or hereafter may be provided to or obtained by Lender,
(iii) until successful completion of the initial syndication of the Loans, in
the event such initial syndication of the Loans by Lender shall prove to be
impracticable, Borrower agrees to restructure the credit facilities evidenced by
this Loan Agreement and the other Loan Documents and, in furtherance thereof,
Lender may change pricing or make structural changes to the Loans and this Loan
Agreement if Lender determines that such changes are reasonably required in
order to ensure successful syndication of the Loans on terms which are
acceptable to Lender. In connection with any such sale, assignment, transfer or
syndication contemplated by this Section 2.14, Borrower agrees and acknowledges
that (a) Lender and Borrower will be required to re-document the transactions
contemplated by this Loan Agreement and the other Loan Documents, which
re-documentation shall contain such terms, agreements, provisions, covenants,
representations and warranties customarily contained in Lender's syndicated
transactions, and (b) the costs, fees, disbursements and expenses (including
attorneys' fees and expenses) for any such re-documentation shall be borne
solely by Borrower.

                                       25
<PAGE>   33

                                   ARTICLE III

                                    SECURITY

         Borrower's Obligations shall be secured by a Lien upon all of the
Collateral, which at all times shall be superior and prior to all other Liens
(except Permitted Prior Liens), and, subject to Section 6.15, unconditionally
guaranteed by each Subsidiary of Borrower.

                                   ARTICLE IV

              CONDITIONS OF CLOSING AND DISBURSEMENT; ACQUISITIONS

         4.1      CLOSING; CONDITIONS OF DISBURSEMENT. This Loan Agreement shall
not be deemed to be effective, and Lender shall not be obligated to disburse the
proceeds of the Term Loan, until all of the following conditions precedent shall
have been satisfied in a manner, form and substance satisfactory to Lender:

                  4.1.1    REPRESENTATIONS AND WARRANTIES. On the Closing Date
         the representations and warranties of Borrower and each of its
         Subsidiaries set forth in the Loan Documents and the Related
         Transaction Documents to which such Person is a party shall be true and
         correct.

                  4.1.2    RELATED TRANSACTIONS. (a) The Related Transactions
         contemplated to close on or before the Closing Date shall have closed
         in the manner contemplated by the Related Transaction Documents and
         shall otherwise be in form and substance satisfactory to Lender and (b)
         the Existing FINOVA Loan Agreement shall have been amended on terms and
         conditions satisfactory to Lender and all conditions precedent to the
         effectiveness thereof shall have been satisfied (and InfoCure
         Corporation shall have made a mandatory prepayment of certain of the
         Indebtedness owing by InfoCure Corporation to Lender under the Existing
         FINOVA Loan Agreement equal in amount to the proceeds of the Term
         Loan). Without limiting the foregoing, the Distribution and the
         Contribution shall have been consummated in accordance with applicable
         law and the terms of the Distribution Transaction Documents.

                  4.1.3    DELIVERY OF DOCUMENTS. The following shall have been
         delivered to Lender, each duly authorized and executed, where
         applicable:

                           (a)      this Loan Agreement, the Term Note, the
                  Warrant and an Environmental Certificate;

                           (b)      good standing certificates or their
                  equivalents for Borrower and each Subsidiary of Borrower from
                  each of the states in which such Person is organized,

                                       26
<PAGE>   34

                  maintains facilities or business locations or otherwise
                  conducts material business, each dated a recent date prior to
                  the Closing Date;

                           (c)      copies of (i) the articles of incorporation,
                  or its equivalent, of Borrower and each Subsidiary of
                  Borrower, together with all current and proposed amendments
                  thereto, certified by the Secretary of State of the state in
                  which each such Person is organized as of a recent date prior
                  to the Closing Date; (ii) the by-laws, or its equivalent, of
                  Borrower and each Subsidiary of Borrower, together with all
                  current and proposed amendments thereto, certified by the
                  corporate secretary of each such Person, (iii) copies of
                  resolutions adopted by the board of directors of Borrower and
                  each Subsidiary of Borrower, each authorizing the execution
                  and delivery by Borrower of the Loan Documents and the Related
                  Transaction Documents to which each such Person is a party and
                  the consummation of the transactions contemplated thereby,
                  certified as of the Closing Date by the corporate secretary of
                  each such Person;

                           (d)      signature and incumbency certificates of the
                  officers of Borrower and each Subsidiary of Borrower;

                           (e)      the Collateral Documents, in appropriate
                  form for recording where necessary, and such Loan Documents
                  executed by each Subsidiary of Borrower, or by Borrower in
                  respect thereof, including, without limitation, the Subsidiary
                  Guaranty and the Subsidiary Security Agreement;

                           (f)      certified copies or executed originals of
                  each of the following:

                                    (1)      all Leases;

                                    (2)      all Licenses;

                                    (3)      all material License Agreements;

                                    (4)      all material Operating Agreements;

                                    (5)      all Related Transaction Documents;
                                             and

                                    (6)      all instruments and documents
                                             evidencing Permitted Senior
                                             Indebtedness existing as of the
                                             Closing Date;

                           (g)      subordination agreements and/or
                  reaffirmation of subordination in respect of all Subordinated
                  Indebtedness outstanding as of the Closing Date;

                                       27
<PAGE>   35

                           (h)      a Landlord Consent from each Landlord under
                  each Lease (except to the extent previously delivered to
                  Lender pursuant to the requirements of previous credit
                  facilities provided to Borrower by Lender);

                           (i)      such other agreements, instruments,
                  documents, certificates, consents, waivers and opinions as
                  Lender reasonably may request; and

                           (j)      original stock certificates representing the
                  Subsidiary Equity Interests as of the date hereof and
                  assignments separate from certificate executed in blank.

                  4.1.4    PERFORMANCE; NO DEFAULT. Borrower and each Subsidiary
         of Borrower shall have performed and complied with all agreements and
         conditions contained in the Loan Documents and the Related Transaction
         Documents to be performed by or complied with by such Person prior to
         or at the Closing, and no Event of Default or Incipient Default shall
         then exist or result from the disbursement of the proceeds of the Term
         Loan on the Closing Date.

                  4.1.5    OPINIONS OF COUNSEL. Lender shall have received an
         opinion dated the Closing Date from Morris, Manning & Martin and King &
         Spalding, counsel to Borrower and its Subsidiaries, and such other
         opinions as Lender may request, including, without limitation, opinions
         of foreign counsel. Further, Lender shall have received copies of all
         solvency opinions and fairness opinions issued in connection with the
         Distribution.

                  4.1.6    APPROVAL OF LOAN DOCUMENTS AND SECURITY INTERESTS.
         Lender shall have received evidence that all filings have been filed
         with, and all approvals or consents shall have been obtained from, all
         Governmental Bodies and all other Persons which filing or whose
         approval or consent is required to enable Borrower and its Subsidiaries
         to (a) enter into and perform their respective obligations under the
         Loan Documents and the Related Transaction Documents to which each such
         Person is a party and (b) grant the Security Interests to Lender.

                  4.1.7    SECURITY INTERESTS. All filings of Uniform Commercial
         Code financing statements, all recordings of Mortgages and all other
         filings and actions necessary to perfect and maintain the Security
         Interests as first, valid and perfected Liens in the Property covered
         thereby, subject only to Permitted Prior Liens, shall have been filed
         or taken and Lender shall have received such UCC, state and federal tax
         Lien, pending suit, judgment and other Lien searches as it deems
         necessary to confirm the foregoing.

                  4.1.8    LICENSES. Lender shall have received evidence that
         (a) Borrower and each Subsidiary of Borrower is the licensee of all
         Licenses necessary for the operation of its business and (b) such
         Licenses are in full force and effect as of the Closing Date and no

                                       28
<PAGE>   36

         event has occurred which could result in the termination, revocation or
         non-renewal of any such License.

                  4.1.10   FINANCIAL STATEMENTS, REPORTS AND PROJECTIONS;
         INSPECTION. Lender shall have received the financial statements
         described in EXHIBIT 5.7.1 and the projections described in EXHIBIT
         5.7.2. Borrower shall have arranged for representatives of Lender to
         visit and inspect its offices and properties.

                  4.1.11   MATERIAL ADVERSE EFFECT. No event shall have occurred
         since September 30, 2000, which has had or could have a Material
         Adverse Effect. No litigation or governmental proceedings or
         investigation shall be pending, which in the opinion of Lender could,
         if adversely determined, have a Material Adverse Affect.

                  4.1.12   USE OF ASSETS. Lender shall be satisfied that
         Borrower at all times shall be entitled to the use and quiet enjoyment
         of all Property necessary for the continued ownership and operation of
         the business conducted by Borrower, including, without limitation, the
         use of equipment, fixtures, Licenses, offices and means of ingress and
         egress thereto, necessary for the operation of such business.

                  4.1.13   BROKER FEES. If the services of a broker or other
         agent have been used in connection with the Loans, all fees owed to
         such broker or agent shall have been paid by Borrower and Lender shall
         have received evidence of such payment.

                  4.1.14   INSURANCE; SURVEY.

                           (A)      BUSINESS AND FLOOD INSURANCE. At least three
                  (3) Business Days prior to the Closing Date Borrower shall
                  have delivered to Lender evidence satisfactory to Lender (i)
                  of flood insurance with respect to each parcel of Real Estate
                  other than a parcel as to which Borrower has supplied Lender
                  evidence that the improvements located on such parcel are not
                  in a flood hazard area and (ii) that all insurance coverage
                  required pursuant to Section 6.6 is in full force and effect
                  and all premiums then due thereon have been paid in full.

                           (B)      REAL ESTATE; LEASEHOLD PROPERTY. Lender
                  shall have received an ALTA mortgagee's policy of title
                  insurance (ALTA Revised 1987 Form) in favor of Lender with
                  respect to each parcel of Real Estate, issued by a title
                  company and in an amount showing that Borrower or the
                  applicable Subsidiary of Borrower has good and marketable
                  title to each such parcel of Real Estate and insuring that the
                  Mortgage covering such parcel constitutes a valid Lien on
                  Borrower's or such Subsidiary's interest in such parcel,
                  subject only to Permitted Prior Liens. Each policy shall
                  insure over all survey and other general exceptions contained
                  therein and shall include such affirmative endorsements as may
                  be required by Lender, including, without limitation,
                  comprehensive endorsement no. 1, contiguity (if

                                       29
<PAGE>   37

                  applicable), usury, doing business, variable rate, tie-in,
                  restrictions (where applicable), encroachment (where
                  applicable), 3.1 zoning (including parking), last dollar, tax
                  parcel, survey, location, access and future advances. Lender
                  shall have received copies of and found satisfactory the
                  provisions of each document referred to in each such policy.

                           (C)      PREMIUMS. Lender shall have received
                  evidence that all premiums with respect to such title
                  insurance have been paid by Borrower.

                           (D)      SURVEY. Lender shall have received an
                  "as-built" survey of each parcel of Real Estate dated not
                  earlier than 45 days prior to the Closing Date, certified to
                  Lender and the title company as being drawn in compliance with
                  the American Land Title Association and American Congress on
                  Surveying and Mapping Standards (as adopted in 1997),
                  containing a flood plain certification and showing no matters
                  or exceptions which are not Permitted Liens and otherwise in
                  sufficient detail as to permit the elimination of any survey
                  exceptions to the title policies described above.

                  4.1.15   INTENTIONALLY OMITTED.

                  4.1.16   PAYMENT OF FEES, EXPENSES AND LOANS. Borrower shall
         have paid (a) the Commitment Fee and (b) all fees and expenses
         described in subsection 10.1.1 incurred in connection with the Term
         Loan (including attorneys' fees and expenses).

                  4.1.17   DUE DILIGENCE. Lender shall have approved the results
         of such due diligence review with respect to the Borrower's assets,
         liabilities and business as Lender may elect to perform.

                  4.1.18   THIRD PARTY CONSENTS. Borrower shall have obtained
         and delivered to Lender all consents deemed by Lender to be necessary
         to permit the secured financing transaction contemplated by this Loan
         Agreement to be consummated in accordance herewith and the other Loan
         Documents.

                  4.1.19   LEGAL MATTERS. All legal matters incident to the
         transactions contemplated hereby shall be reasonably satisfactory to
         counsel for Lender.

         4.2      CONDITIONS TO ACQUISITIONS. The right of Borrower or any
Subsidiary of Borrower to make any Acquisition, in addition to the receipt of
written approval and consent by Lender, which may be granted or withheld in
Lender's sole and absolute discretion, shall be subject further to the
satisfaction of all of the following conditions in respect of each such
Acquisition, in a manner, form and substance satisfactory to Lender:

                                       30
<PAGE>   38

                  4.2.1    EVIDENCE OF PERFECTED FIRST PRIORITY SECURITY
         INTEREST. Lender shall have been granted a first priority Lien on and
         security interest in the subject Target, and shall have received,
         without limitation, the items described in subsection 4.1.3(b), (c) and
         (d) and Section 6.15, and shall have received evidence of the proper
         filing in all required filing offices of duly executed UCC financing
         statements or amendments to existing financing statements with respect
         to the subject Target, perfecting the first priority security interest
         of Lender in such Property. In the event real property is being
         acquired in connection with such Acquisition, Lender shall have
         received a fully executed Mortgage, together with an ALTA lender's
         title insurance policy issued by a title insurer satisfactory to Lender
         in an amount satisfactory to Lender insuring that the Mortgage is a
         valid and enforceable first priority Lien on the respective Property,
         free and clear of all defects, encumbrances and Liens, other than
         Permitted Liens. In addition, Lender shall have received then current
         surveys, certified to Lender by a licensed surveyor sufficient to allow
         the issuer of Lender's title insurance policy to issue such policy
         without a survey exception and an environmental site assessment
         prepared by a qualified firm acceptable to Lender.

                  4.2.2    ADDITIONAL DOCUMENTATION.

                           (i)      Lender shall have received complete executed
                  or conformed copies of each document, instrument and agreement
                  executed in connection with such Acquisition (collectively,
                  the "Acquisition Documents"), all of which shall be subject to
                  Lender's review and approval;

                           (ii)     the applicable Acquisition Documents shall
                  be in full force and effect and no material term or condition
                  thereof shall have been amended, modified or waived after the
                  execution thereof (other than solely to extend the date by
                  which the subject Acquisition is required to occur) except
                  with the prior written consent of Lender;

                           (iii)    none of the parties to any of the applicable
                  Acquisition Documents shall have failed to perform any
                  material obligation or covenant required to be performed or
                  complied with on or before the date on which the subject
                  Acquisition is to be consummated;

                           (iv)     Lender shall have received a collateral
                  assignment of the seller's representations, warranties and
                  indemnities to Borrowers or their Subsidiaries under the
                  applicable Acquisition Documents and the applicable seller
                  parties shall have consented thereto in writing; and

                           (v)      such other agreements, instruments,
                  documents, certificates, consents, waivers and opinions as
                  Lender may request (including without limitation, opinions
                  from the sellers' counsel).

                                       31

<PAGE>   39
                                    ARTICLE V

                         REPRESENTATIONS AND WARRANTIES

         Borrower represents and warrants to Lender as follows (after giving
effect to the Related Transactions):

         5.1      EXISTENCE AND POWER. Borrower and each Subsidiary of Borrower
is a corporation, partnership or limited liability company, as applicable, duly
formed, validly existing and in good standing under the laws of the state (or
country) of its incorporation, organization or formation and Borrower and each
Subsidiary of Borrower has all requisite power and authority to own its Property
and to carry on its business as now conducted and as proposed to be conducted
following the Closing Date, and is in good standing and authorized to do
business in each jurisdiction in which the failure so to qualify would be a
Material Adverse Effect.

         5.2      AUTHORITY. Borrower and each Subsidiary of Borrower has full
power and authority to enter into, execute, deliver and carry out the terms of
the Loan Documents and the Related Transaction Documents to which it is a party
and to incur the obligations provided for therein, all of which have been duly
authorized by all proper and necessary action and are not prohibited by the
organizational instruments of such Person.

         5.3      CAPITAL STOCK/EQUITY INTERESTS AND RELATED MATTERS.

                  5.3.1    CAPITAL STOCK; EQUITY INTERESTS. There is set forth
         in EXHIBIT 5.3.1 a complete description of the Subsidiary Equity
         Interests, all of which are validly issued, fully paid and
         non-assessable, and have been issued and sold in compliance with all
         applicable foreign, federal and state laws, rules and regulations,
         including, without limitation, all so-called "Blue-Sky" laws. The
         Subsidiary Equity Interests are owned beneficially and of record by the
         Persons set forth on EXHIBIT 5.3.1 and in the amounts therein
         described, free and clear of all Liens except the Security Interests.

                  5.3.2    RESTRICTIONS. Neither Borrower nor any Subsidiary of
         Borrower (i) is a party to or has knowledge of any agreements
         restricting the transfer of Subsidiary Equity Interests, except the
         Loan Documents, (ii) has issued any rights which can be convertible
         into or exchangeable or exercisable for any of Subsidiary Equity
         Interests, or any rights to subscribe for or to purchase, or any
         options for the purchase of, or any agreements providing for the
         issuance (contingent or otherwise) of, or any calls, commitments or
         claims of any character relating to, any of Subsidiary Equity Interests
         or any securities convertible into or exchangeable or exercisable for
         any of Subsidiary Equity Interests and (iii) is subject to any
         obligation (contingent or otherwise) to repurchase or otherwise acquire
         or retire any of Subsidiary Equity Interests or any convertible rights
         or options with respect thereto.

                                       32
<PAGE>   40
         5.4      BINDING AGREEMENTS. This Loan Agreement, the other Loan
Documents and the Related Transaction Documents, when executed and delivered,
will constitute the valid and legally binding obligations of Borrower and each
Subsidiary of Borrower to the extent such Person is a party thereto, enforceable
against such Person in accordance with their respective terms, except as such
enforceability may be limited by (i) applicable bankruptcy, insolvency,
reorganization, moratorium or similar laws now or hereafter in effect affecting
the enforcement of creditors' rights generally and (ii) equitable principles
(whether or not any action to enforce such document is brought at law or in
equity).

         5.5      BUSINESS AND PROPERTY OF BORROWER.

                  5.5.1    BUSINESS AND PROPERTY. Borrower and each Subsidiary
         of Borrower is the owner of all Property and the holder of all Leases,
         Licenses and Operating Agreements necessary to conduct its business as
         now conducted. Neither Borrower nor any Subsidiary of Borrower engages
         or proposes to engage in any business or activity other than as set
         forth in EXHIBIT 5.5.1.

                  5.5.2    LICENSES. There is set forth in EXHIBIT 5.5.2 a
         description of all Licenses which have been issued or assigned to
         Borrower and its Subsidiaries. All of such Licenses are in full force
         and effect and have been duly issued in the name of, or validly
         assigned to, Borrower or the applicable Subsidiary of Borrower, no
         default or breach exists thereunder and Borrower and each Subsidiary of
         Borrower has full power and authority thereunder to conduct its
         business.

                  5.5.3    OPERATING AGREEMENTS. There is set forth in EXHIBIT
         5.5.3 a description of all material Operating Agreements with respect
         to the businesses of Borrower and its Subsidiaries. All of Operating
         Agreements are in full force and effect and no event has occurred which
         could result in the cancellation or termination of any such Operating
         Agreement or the imposition thereunder of any liability upon Borrower
         or any Subsidiary of Borrower which could have a Material Adverse
         Effect.

                  5.5.4    FACILITY SITES. There is set forth in EXHIBIT 5.5.4
         the location of the chief executive office of Borrower and each
         Subsidiary of Borrower and all other locations of such Persons'
         Property.

                  5.5.5    LEASES. There is set forth in EXHIBIT 5.5.5 a list of
         all Leases, together with a complete and accurate address of each
         parcel of Leasehold Property. Each Lease is in full force and effect,
         there has been no material default in the performance of any of its
         terms or conditions by any party thereto, and no claims of default have
         been asserted with respect thereto.

                  5.5.6    REAL ESTATE. There is set forth in EXHIBIT 5.5.6 a
         complete and accurate address and legal description of each parcel of
         Real Estate. The present and contemplated use of the Leasehold Property
         and the Real Estate is in compliance with all applicable

                                       33
<PAGE>   41

         zoning ordinances and regulations and other laws and regulations, the
         violation of which could have a Material Adverse Effect.

                  5.5.7    OPERATION AND MAINTENANCE OF EQUIPMENT. Neither
         Borrower nor any Subsidiary of Borrower owning or operating any
         equipment necessary for the operation of its business has used,
         operated or maintained the same in a manner which now or hereafter
         could result in the cancellation or termination of the right of such
         Person to use or make use of the same or which could result in any
         material liability of such Person for damages in connection therewith.
         All of the equipment and other tangible personal property owned by
         Borrower and each Subsidiary of Borrower is, in all material respects,
         in good operating condition and repair and has been used, operated and
         maintained in substantial compliance with all applicable laws, rules
         and regulations.

                  5.5.8    LICENSE AGREEMENTS. There is set forth in EXHIBIT
         5.5.8 a description of all material License Agreements with respect to
         the businesses of Borrower and its Subsidiaries. All such License
         Agreements are in full force and effect and no event has occurred which
         could result in the cancellation or termination of any such License
         Agreement or the imposition thereunder of any liability upon Borrower
         or any Subsidiary of Borrower which could have a Material Adverse
         Effect.

         5.6      TITLE TO PROPERTY; LIENS. Borrower and each Subsidiary of
Borrower has (i) good and marketable title to all of its Property, except (A)
any License which cannot be transferred without the consent of a Governmental
Body and (B) the portion thereof consisting of a leasehold estate and (ii) a
valid leasehold estate in each portion of its Property which consists of a
leasehold estate. All of such Property is free and clear of all Liens, except
Permitted Liens. Upon the proper filing with the appropriate Governmental Bodies
of the Mortgages and appropriate Uniform Commercial Code financing statements,
the applicable Loan Documents will create valid and perfected Liens in the
Property described therein, subject only to Permitted Prior Liens.

         5.7      PROJECTIONS AND FINANCIAL STATEMENTS.

                  5.7.1    FINANCIAL STATEMENTS. Borrower has delivered to
         Lender the financial statements described in EXHIBIT 5.7.1 pertaining
         to the operations of Borrower and its Subsidiaries. Such financial
         statements present fairly in all material respects the results of
         operations of the business of Borrower and its Subsidiaries for the
         periods covered thereby and the financial condition of Borrower and its
         Subsidiaries as of the dates indicated therein. All of such financial
         statements have been prepared in conformity with GAAP, subject to
         normal year-end adjustments and the absence of footnotes. Since
         September 30, 2000, there has been no change which has had or could
         have a Material Adverse Effect. Borrower also has delivered to Lender a
         pro-forma balance sheet of Borrower and its Subsidiaries as of the
         Closing Date. Such pro-forma balance sheets, which assume the
         consummation of the transactions contemplated by the Related
         Transaction Documents,

                                       34
<PAGE>   42
         present fairly in all material respects the anticipated financial
         condition of Borrower and its Subsidiaries as of the Closing Date.

                  5.7.2    PROJECTIONS. Borrower has delivered to Lender the
         projections described in EXHIBIT 5.7.2 of the future operations of
         Borrower and its Subsidiaries. Such projections represent the best,
         good faith estimates of Borrower as of the Closing Date of the future
         financial performance of Borrower and its Subsidiaries.

         5.8      LITIGATION. There is set forth in EXHIBIT 5.8 a description of
all actions and suits, arbitration proceedings and claims pending or, to the
best knowledge of Borrower, threatened against Borrower or any Subsidiary of
Borrower or maintained by Borrower or any Subsidiary of Borrower at law or in
equity or before any Governmental Body. None of the matters set forth in such
EXHIBIT 5.8, if adversely determined, could have a Material Adverse Effect.

         5.9      DEFAULTS IN OTHER AGREEMENTS; CONSENTS; CONFLICTING
AGREEMENTS. Except as otherwise disclosed herein, neither Borrower nor any
Subsidiary of Borrower is in default under any agreement to which such Person is
a party or by which such Person or any of the Property of such Person is bound,
the effect of which default could have a Material Adverse Effect. No
authorization, consent, approval or other action by, and no notice to or filing
with, any Governmental Body or any other Person which has not already been
obtained, taken or filed, as applicable, is required (i) for the due execution,
delivery or performance by Borrower or any Subsidiary of Borrower of any of the
Loan Documents and the Related Transaction Documents to which such Person is a
party or (ii) as a condition to the validity or enforceability of any of the
Loan Documents or Related Transaction Documents to which Borrower or any
Subsidiary of Borrower is a party or any of the transactions contemplated
thereby or the priority of the Security Interests, except for certain filings to
establish and perfect the Security Interests. No provision of any mortgage,
indenture, contract, agreement, statute, rule, regulation, judgment, decree or
order binding on Borrower or any Subsidiary of Borrower or affecting the
Property of Borrower or any Subsidiary of Borrower conflicts with, or requires
any consent which has not already been obtained under, or would in any way
prevent the execution, delivery or performance of the terms of any of the Loan
Documents or Related Transaction Documents or affect the validity or priority of
the Security Interests. The execution, delivery or performance of the terms of
the Loan Documents and the Related Transaction Documents will not constitute a
default under, or result in the creation or imposition of, or obligation to
create, any Lien upon the Property of Borrower or any Subsidiary of Borrower
pursuant to the terms of any such mortgage, indenture, contract or agreement,
other than the Loan Documents.

         5.10     TAXES. Borrower and each Subsidiary of Borrower has filed all
tax returns required to be filed, and has paid, or made adequate provision for
the payment of, all taxes shown to be due and payable on such returns or in any
assessments made against any such Person, and no tax Liens have been filed and
no claims are being asserted in respect of such taxes which are required by GAAP
to be reflected in the financial statements of Borrower or any Subsidiary of
Borrower and are not so reflected therein. The charges, accruals and reserves on
the books of Borrower and

                                       35
<PAGE>   43
each Subsidiary of Borrower with respect to all federal, state, local and other
taxes are considered by the management of each such Person to be adequate, and
there is no unpaid assessment which is or might be due and payable by any such
Person or create a Lien against any such Person's Property, except such
assessments as are being contested in good faith and by appropriate proceedings
diligently conducted, and for which adequate reserves have been set aside in
accordance with GAAP. None of the tax returns of Borrower or any Subsidiary of
Borrower is under audit.

         5.11     COMPLIANCE WITH APPLICABLE LAWS. Neither Borrower nor any
Subsidiary of Borrower is in default in respect of any judgment, order, writ,
injunction, decree or decision of any Governmental Body, which default could
have a Material Adverse Effect. Except as otherwise provided herein, Borrower
and each Subsidiary of Borrower is in compliance in all material respects with
all applicable laws, statutes and regulations, including, without limitation,
health-care related laws (including anti-fee splitting laws, corporate practice
of medicine laws, fraud and abuse laws and HIPAA), all Environmental Laws,
ERISA, ADA and all laws and regulations relating to unfair labor practices,
equal employment opportunity and employee safety, of all Governmental Bodies
(including, without limitation, the Food and Drug Administration and the United
States Department of Health & Human Services), a violation of which could have a
Material Adverse Effect. No condemnation, eminent domain or expropriation has
been commenced or, to the best knowledge of Borrower, threatened against the
Property of Borrower or any Subsidiary of Borrower.

         5.12     PATENTS, TRADEMARKS, FRANCHISES, AGREEMENTS. There is set
forth on EXHIBIT 5.12 a description of all patents, patent applications,
trademarks, trademark applications, copyrights and copyright applications owned
or used by Borrower and each Subsidiary of Borrower. Borrower and each
Subsidiary of Borrower owns, possesses or has the right to use all patents,
trademarks, service marks, trade names, copyrights, franchises and rights with
respect thereto, necessary for the conduct of its business, without any known
conflict with the rights of others and, in each case, free of any Liens.

         5.13     REGULATORY MATTERS. Borrower and each Subsidiary of Borrower
(i) has duly and timely filed all reports, statements of account and other
filings which are required to be filed by such Person under any applicable law,
rule or regulation of any Governmental Body, the non-filing of which could have
a Material Adverse Effect, and (ii) is in compliance with all such laws, rules
and regulations, the noncompliance with which could have a Material Adverse
Effect.

         5.14     ENVIRONMENTAL MATTERS. To the best of Borrower's knowledge,
Borrower and each Subsidiary of Borrower is in compliance with all applicable
Environmental Laws and no portion of the Real Estate or Leasehold Property has
been used as a land fill. To the best of Borrower's knowledge there currently
are not any known Hazardous Materials generated, manufactured, released, stored,
buried or deposited over, beneath, in or on (or used in the construction and/or
renovation of) the Real Estate or Leasehold Property in violation of applicable
Environmental Laws.

                                       36
<PAGE>   44

         5.15     APPLICATION OF CERTAIN LAWS AND REGULATIONS. Neither Borrower
nor any Affiliate of Borrower is:

                  5.15.1   INVESTMENT COMPANY ACT. An "investment company," or a
         company "controlled" by an "investment company," within the meaning of
         the Investment Company Act of 1940, as amended.

                  5.15.2   HOLDING COMPANY ACT. A "holding company," or a
         "subsidiary company" of a "holding company," or an "affiliate" of a
         "holding company" or of a "subsidiary company" of a "holding company,"
         as such terms are defined in the Public Utility Holding Company Act of
         1935, as amended.

                  5.15.3   FOREIGN OR ENEMY STATUS. (i) An "enemy" or an "ally
         of an enemy" within the meaning of Section 2 of the Trading with the
         Enemy Act, (ii) a "national" of a foreign country designated in
         Executive Order No. 8389, as amended, or of any "designated enemy
         country" as defined in Executive Order No. 9095, as amended, of the
         President of the United States of America, in each case within the
         meaning of such Executive Orders, as amended, or of any regulation
         issued thereunder, (iii) a "national of any designated foreign country"
         within the meaning of the Foreign Assets Control Regulations or of the
         Cuban Assets Control Regulations of the United States of America (Code
         of Federal Regulations, Title 31, Chapter V, Part 515, Subpart B, as
         amended), or (iv) an alien or a representative of any alien or foreign
         government within the meaning of Section 310 of Title 47 of the United
         States Code.

                  5.15.4   REGULATIONS AS TO BORROWING. Subject to any statute
         or regulation which regulates the incurrence of any Indebtedness for
         Borrowed Money, including, without limitation, statutes or regulations
         relative to common or interstate carriers or to the sale of
         electricity, gas, steam, water, telephone, telegraph or other public
         utility services.

         5.16     MARGIN REGULATIONS. None of the transactions contemplated by
this Loan Agreement, any of the other Loan Documents or any of the Related
Transaction Documents, including the use of the proceeds of the Loans, will
violate or result in a violation of Section 7 of the Securities Exchange Act of
1934, as amended, or any regulations issued pursuant thereto, including, without
limitation, Regulations T, U and X, and neither Borrower nor any Subsidiary of
Borrower owns or intend to carry or purchase any "margin security" within the
meaning of such Regulation U.

         5.17     OTHER INDEBTEDNESS. After giving effect to the Closing and the
Related Transactions, on the Closing Date neither Borrower nor any Subsidiary of
Borrower shall have any Indebtedness for Borrowed Money, except (i) Borrower's
Obligations, (ii) Permitted Senior Indebtedness and (iii) Indebtedness for
Borrowed Money otherwise permitted under Section 7.1.

                                       37
<PAGE>   45
         5.18     NO MISREPRESENTATION. To the best of Borrower's knowledge
neither this Loan Agreement nor any other Loan Document, certificate,
information or report furnished or to be furnished by or on behalf of Borrower
or any Subsidiary of Borrower to Lender in connection with any of the
transactions contemplated hereby or thereby, contains or will contain a
misstatement of material fact, or omits or will omit to state a material fact
required to be stated in order to make the statements contained herein or
therein, taken as a whole, not misleading in the light of the circumstances
under which such statements were made. There is no fact, other than information
known to the public generally, known to or reasonably foreseen by Borrower after
diligent inquiry, that could have a Material Adverse Effect that has not
expressly been disclosed to Lender in writing.

         5.19     EMPLOYEE BENEFIT PLANS.

                  5.19.1   NO OTHER PLANS. Neither Borrower nor any ERISA
         Affiliate of Borrower maintains or contributes to, or has any
         obligation under, any Employee Benefit Plan other than those identified
         on EXHIBIT 5.19.1. Borrower has provided Lender accurate and complete
         copies of all material contracts, agreements and documents described on
         EXHIBIT 5.19.1.

                  5.19.2   ERISA AND CODE COMPLIANCE AND LIABILITY. Borrower and
         each ERISA Affiliate of Borrower is in compliance with all applicable
         provisions of ERISA and the regulations and published interpretations
         thereunder with respect to all Employee Benefit Plans except where
         failure to comply would not result in a material liability to Borrower
         or such other Person and except for any required amendments for which
         the remedial amendment period as defined in Section 401(b) of the Code
         has not yet expired. Each Employee Benefit Plan that is intended to be
         qualified under Section 401(a) of the Code has been determined by the
         Internal Revenue Service to be so qualified, and each trust related to
         such plan has been determined to be exempt under Section 401(a) of the
         Code. No material liability has been incurred by Borrower or any ERISA
         Affiliate of Borrower which remains unsatisfied for any taxes or
         penalties with respect to any Employee Benefit Plan or any
         Multiemployer Plan.

                  5.19.3   FUNDING. No Pension Plan has been terminated, nor has
         any accumulated funding deficiency (as defined in Section 412 of the
         Code) been insured (without regard to any waiver granted under Section
         412 of the Code), nor has any funding waiver from the Internal Revenue
         Service been received or requested with respect to any Pension Plan,
         nor has Borrower or any ERISA Affiliate of Borrower failed to make any
         contributions or to pay any amounts due and owing as required by
         Section 412 of the Code, Section 302 of ERISA or the terms of any
         Pension Plan prior to the due dates of such contributions under Section
         412 of the Code or Section 302 of ERISA, nor has there been any event
         requiring any disclosure under Section 4041(c)(3)(C), 4063(a) or 4068
         of ERISA with respect to any Pension Plan.

                                       38
<PAGE>   46
                  5.19.4   PROHIBITED TRANSACTIONS AND PAYMENTS. Neither
         Borrower nor any ERISA Affiliate of Borrower has: (i) engaged in a
         nonexempt "prohibited transaction" as such term is defined in Section
         406 of ERISA or Section 4975 of the Code; (ii) incurred any liability
         to the PBGC which remains outstanding other than the payment of
         premiums and there are no premium payments which are due and unpaid;
         (iii) failed to make a required contribution or payment to a
         Multiemployer Plan; or (iv) failed to make a required installment or
         other required payment under Section 412 of the Code.

                  5.19.5   NO TERMINATION EVENT. No Termination Event has
         occurred or is reasonably expected to occur.

                  5.19.6   ERISA LITIGATION. No material proceeding, claim,
         lawsuit and/or investigation is existing or, to the best knowledge of
         Borrower, threatened concerning or involving any (i) employee welfare
         benefit plan (as defined in Section 3(1) of ERISA) currently maintained
         or contributed to by Borrower or any of ERISA Affiliate of Borrower,
         (ii) Pension Plan or (iii) Multiemployer Plan.

         5.20     EMPLOYEE MATTERS.

                  5.20.1   COLLECTIVE BARGAINING AGREEMENTS; GRIEVANCES. (i)
         None of the employees of Borrower or any Subsidiary of Borrower is
         subject to any collective bargaining agreement, (ii) except as
         described in EXHIBIT 5.20.1, no petition for certification or union
         election is pending with respect to the employees of Borrower or any
         Subsidiary of Borrower and no union or collective bargaining unit has
         sought such certification or recognition with respect to the employees
         of Borrower or any Subsidiary of Borrower and (iii) there are no
         strikes, slowdowns, work stoppages, unfair labor practice complaints,
         grievances, arbitration proceedings or controversies pending or, to the
         best knowledge of Borrower, threatened against Borrower or any
         Subsidiary of Borrower by any of such Person's employees, other than
         employee grievances or controversies arising in the ordinary course of
         business that could not in the aggregate have a Material Adverse
         Effect.

                  5.20.2   CLAIMS RELATING TO EMPLOYMENT. Neither Borrower nor,
         to Borrower's best knowledge, any shareholder or employee of Borrower,
         is subject to any employment agreement or non-competition agreement
         with any former employer or any other Person which agreement could have
         a Material Adverse Effect due to (i) any information which Borrower
         would be prohibited from using under the terms of such agreement or
         (ii) any legal considerations relating to unfair competition, trade
         secrets or proprietary information.

         5.21     BURDENSOME OBLIGATIONS. After giving effect to the
transactions contemplated by the Loan Documents and the Related Transaction
Documents, (i) neither Borrower nor any Subsidiary of Borrower (A) will be a
party to or be bound by any franchise, agreement, deed, lease or other
instrument, or be subject to any restriction, which is so unusual or burdensome
so as

                                       39
<PAGE>   47
to cause, in the foreseeable future, a Material Adverse Effect and (B) intends
to incur, or believes that it will incur, debts beyond its ability to pay such
debts as they become due, and (ii) Borrower and each Subsidiary of Borrower (A)
owns and will own Property, the fair saleable value of which is (I) greater than
the total amount of its liabilities (including contingent liabilities) and (II)
greater than the amount that will be required to pay the probable liabilities of
its then existing debts as they become absolute and matured, and (B) has and
will have capital that is not unreasonably small in relation to its business as
presently conducted and as proposed to be conducted. Borrower does not presently
anticipate that future expenditures needed to meet the provisions of federal or
state statutes, orders, rules or regulations will be so burdensome so as to have
a Material Adverse Effect. Neither Borrower nor any Subsidiary of Borrower
voluntarily or involuntarily is consummating the transactions contemplated
hereunder or any of the Related Transaction Documents, or making any transfer or
incurring any obligation contemplated thereby, with actual intent to hinder,
delay or defraud any entity to which Borrower or any such Subsidiary was or
became, on or after the Closing Date, indebted.

         5.22     INSURANCE. The Property of Borrower and each Subsidiary of
Borrower is insured with financially sound and reputable insurance companies
which are not Affiliates of Borrower, in such amounts, with such deductibles and
covering such risks as are customarily carried by companies engaged in similar
businesses and owning similar Property in locales where Borrower or such
Subsidiary operates.

         5.23     SUBSIDIARIES. As of the Closing Date and after giving affect
to the Related Transactions, (i) Borrower has no Subsidiaries other than
PracticeWorks Systems, CADI Acquisition Corporation, a Colorado corporation,
Swenam Holdings, B.V., a Netherlands corporation, InfoCure Australia Pty.
Limited, an Australian corporation, PracticeWorks Limited, a United Kingdom
corporation, Scandic Dental Computer Systems AB, a Swedish corporation, Medical
and Dental Business Solutions (Sweden) AB, a Swedish corporation, Devage Pty
Limited, an Australian corporation, and InfoCure Orthodontics Pty. Limited, an
Australian corporation, (ii) Swenam Holdings B.V., a Netherlands corporation,
has no Subsidiaries other than PracticeWorks Limited, a United Kingdom
corporation, Scandic Dental Computer Systems AB, a Swedish corporation, Medical
and Dental Business Solutions (Sweden) AB, a Swedish corporation, (iii) InfoCure
Australia Pty. Limited, an Australian corporation, has no Subsidiaries other
than Devage Pty Limited, an Australian corporation, and InfoCure Orthodontics
Pty. Limited, an Australian corporation, and (iv) neither PracticeWorks Systems
nor CADI Acquisition Corporation, a Colorado corporation, has any Subsidiaries.

         5.24     YEAR 2000. Borrower and each Subsidiary of Borrower has made
an assessment of the microchip and computer-based systems and the software used
in its and its Subsidiaries' business and based upon such assessment believes
that it is "Year 2000 Compliant". For purposes of this paragraph, "Year 2000
Compliant" means that all software, embedded microchips and other processing
capabilities utilized by, and material to the business operations or financial
condition of, Borrower or any of its Subsidiaries are able to interpret, store,
transmit, receive and

                                       40
<PAGE>   48
manipulate date on and involving all calendar dates correctly and without
causing any abnormal ending scenarios in relation to dates in and after the year
2000.

         5.25     WARRANTS.

                  (A)      AUTHORITY. Borrower has full corporate power and
         authority to execute and deliver the Warrants and to perform all of its
         obligations thereunder, and the execution, delivery and performance
         thereof have been duly authorized by all necessary corporate action on
         its part. The Warrants have been duly executed on behalf of Borrower
         and constitute the legal, valid and binding obligation of Borrower
         enforceable in accordance with their terms.

                  (B)      NO LEGAL BAR. Neither the execution, delivery or
         performance of the Warrants will (a) conflict with or result in a
         violation of the articles or certificate of incorporation or by-laws of
         Borrower, (b) conflict with or result in a violation of any law,
         statute, regulation, order or decree applicable to Borrower or any
         Affiliate of Borrower, (c) require any consent or authorization or
         filing with, or other act by or in respect of, any Governmental Body,
         or (d) result in a breach of, constitute a default under or constitute
         an event creating rights of acceleration, termination or cancellation
         under any mortgage, lease, contract, franchise, instrument or other
         agreement to which Borrower is a party or by which it is bound.

                  (C)      VALIDITY OF SHARES. When issued upon the exercise of
         the Warrants as contemplated therein, shares of common stock of
         Borrower will have been validly issued and will be fully paid and
         nonassessable. Borrower has reserved for issuance, free of preemptive
         rights, the number of shares of common stock issuable from time to time
         upon the exercise of the Warrants.

                                   ARTICLE VI

                              AFFIRMATIVE COVENANTS

         Until all of Borrower's Obligations are paid and performed in full and
the Commitment shall have terminated, Borrower agrees that it shall, and shall
cause its Subsidiaries to:

         6.1      LEGAL EXISTENCE; GOOD STANDING. Maintain its existence and its
good standing in the jurisdiction of its formation and its qualification in each
jurisdiction in which the failure so to qualify could have a Material Adverse
Effect.

         6.2      INSPECTION. Permit representatives of Lender at any time to
(i) visit its offices, (ii) examine its books and records and accountants'
reports relating thereto, (iii) make copies or extracts therefrom, (iv) discuss
its affairs with its employees, (v) examine and inspect its Property

                                       41
<PAGE>   49
and (vi) meet and discuss its affairs with its accountants, and such
accountants, as a condition to their retention by Borrower, are hereby
irrevocably authorized by Borrower to fully discuss and disclose all such
affairs with Lender.

         6.3      FINANCIAL STATEMENTS AND OTHER INFORMATION. Maintain a system
of accounting in accordance with GAAP and furnish to Lender:

                  6.3.1    MONTHLY STATEMENTS. As soon as available and in any
         event within thirty (30) days after the close of each month of each
         year:

                           (a)      the consolidated balance sheet of Borrower
                  and its Subsidiaries as of the end of such month, and

                           (b)      the consolidated statements of operations of
                  Borrower and its Subsidiaries and the consolidated statements
                  of cash flows of Borrower and its Subsidiaries for such month
                  and for the period from the beginning of the then current year
                  to the end of such month,

         all in reasonable detail, containing such information as Lender
         reasonably may require, and certified by the Chief Financial Officer as
         complete and correct, subject to normal year-end adjustments.

                  6.3.2    QUARTERLY STATEMENTS; COMPLIANCE CERTIFICATE. As soon
         as available and in any event within forty-five (45) days after the
         close of each quarter of each year:

                           (a)      the consolidated balance sheet of Borrower
                  and its Subsidiaries and the consolidating balance sheet of
                  Borrower and each Subsidiary of Borrower as of the end of such
                  quarter, and

                           (b)      the consolidated statements of operations of
                  Borrower and its Subsidiaries, the consolidated statements of
                  cash flows of Borrower and its Subsidiaries and the
                  consolidating statements of operations and cash flows for
                  Borrower and each Subsidiary of Borrower for such quarter and
                  for the period from the beginning of the then current year to
                  the end of such quarter, setting forth in each case in
                  comparative form the corresponding figures for the
                  corresponding period in the preceding year, and showing a
                  comparison with the budget for such period,

         all in reasonable detail, containing such information as Lender
         reasonably may require, and certified by the Chief Financial Officer as
         complete and correct, subject to normal year-end adjustments. Each such
         financial statement shall be accompanied by a Compliance Certificate.

                                       42
<PAGE>   50

                  6.3.3    ANNUAL STATEMENTS. As soon as available and in any
         event within ninety (90) days after the close of each Fiscal Year:

                           (a)      the audited consolidated balance sheet of
                  Borrower and its Subsidiaries as of the end of such Fiscal
                  Year, the audited consolidated statements of operations, cash
                  flows and stockholders' equity of Borrower and its
                  Subsidiaries (collectively, the "Basic Financial Statements"),
                  the audited consolidating balance sheet of Borrower and each
                  Subsidiary of Borrower as of the end of such Fiscal Year, the
                  audited consolidating statements of operations, cash flows and
                  stockholders' equity for Borrower and each Subsidiary of
                  Borrower for such Fiscal Year, the audited statements of the
                  consolidated and consolidating cash flows for Borrower and
                  each Subsidiary of Borrower for such Fiscal Year, setting
                  forth in each case in comparative form the corresponding
                  figures for the preceding Fiscal Year,

                           (b)      an opinion of Borrower's accountants which
                  shall accompany the Basic Financial Statements, which opinion
                  shall be unqualified as to going concern and scope of audit,
                  stating that (i) the examination by the accountants in
                  connection with such Basic Financial Statements has been made
                  in accordance with generally accepted auditing standards, (ii)
                  such Basic Financial Statements have been prepared in
                  conformity with GAAP and in a manner consistent with prior
                  periods, and (iii) such Basic Financial Statements fairly
                  present in all material respects the financial position and
                  results of operations of Borrower and its Subsidiaries, and

                           (c)      a letter from the accountants stating that
                  the statements of cash flows were computed in accordance with
                  the requirements of this Loan Agreement.

                  6.3.4    INTENTIONALLY OMITTED.

                  6.3.5    AUDIT REPORTS. Promptly upon receipt thereof, a copy
         of each report, other than the reports referred to in subsection 6.3.3,
         including any so-called "management letter" or similar report,
         submitted to Borrower or any Subsidiary of Borrower by the accountants
         in connection with any annual, interim or special audit made by the
         accountants of the books of Borrower or such Subsidiary.

                  6.3.6    NOTICE OF DEFAULTS; LOSS. Prompt written notice if:
         (i) any Indebtedness of Borrower or any Subsidiary of Borrower in
         excess of $100,000 is declared or shall become due and payable prior to
         its declared or stated maturity, or called and not paid when due, (ii)
         an event has occurred that enables the holder of any note, or other
         evidence of such Indebtedness, certificate or security evidencing any
         such Indebtedness to declare such Indebtedness due and payable prior to
         its stated maturity, (iii) there shall occur and be continuing an
         Incipient Default or Event of Default, accompanied by a statement
         setting forth what action Borrower proposes to take in respect thereof,
         or (iv) any event shall

                                       43
<PAGE>   51
         occur which has or could have a Material Adverse Effect, including the
         amount or the estimated amount of any loss or depreciation or adverse
         effect.

                  6.3.7    NOTICE OF SUITS, ADVERSE EVENTS. Prompt written
         notice of: (i) any citation, summons, subpoena, order to show cause or
         other order naming Borrower or any Subsidiary of Borrower a party to
         any proceeding before any Governmental Body which could have a Material
         Adverse Effect and include with such notice a copy of such citation,
         summons, subpoena, order to show cause or other order, (ii) any lapse
         or other termination of any license, permit, franchise, agreement or
         other authorization issued to Borrower or any Subsidiary of Borrower by
         any Governmental Body or any other Person that is material to the
         operation of the Business of Borrower or such Subsidiary, (iii) any
         refusal by any Governmental Body or any other Person to renew or extend
         any such license, permit, franchise, agreement or other authorization
         and (iv) any dispute between Borrower and any Governmental Body or any
         other Person, which lapse, termination, refusal or dispute referred to
         in clauses (ii) and (iii) above or in this clause (iv) could have a
         Material Adverse Effect.

                  6.3.8    REPORTS TO SHAREHOLDERS, CREDITORS AND GOVERNMENTAL
         BODIES.

                           (a)      Promptly upon becoming available, copies of
                  all financial statements, reports, notices and other
                  statements sent or made available generally by Borrower to its
                  shareholders or members, of all regular and periodic reports
                  and all registration statements and prospectuses filed by
                  Borrower with any securities exchange or with the Securities
                  and Exchange Commission or any Governmental Body succeeding to
                  any of its functions, and of all statements generally made
                  available by Borrower or any Subsidiary of Borrower or others
                  concerning material developments in the business of Borrower
                  or such Subsidiary.

                           (b)      Promptly upon becoming available, copies of
                  any periodic or special reports filed by Borrower or any
                  Subsidiary of Borrower with any Governmental Body or Person,
                  if such reports indicate any material change in the business,
                  operations, affairs or condition of Borrower, or if copies
                  thereof are requested by Lender, and copies of any material
                  notices and other communications from any Governmental Body or
                  Person which specifically relate to Borrower or any Subsidiary
                  of Borrower.

                  6.3.9  ERISA NOTICES AND REQUESTS.

                           (a)      With reasonable promptness, and in any event
                  within thirty (30) days after occurrence of any of the
                  following Borrower will give notice of and/or deliver to
                  Lender copies of: (i) the establishment of any new material
                  Employee Benefit Plan, Pension Plan or Multiemployer Plan;
                  (ii) the commencement of contributions to any Employee Benefit
                  Plan, Pension Plan or Multiemployer Plan

                                       44
<PAGE>   52
                  to which Borrower or any ERISA Affiliate of Borrower was not
                  previously contributing or any increase in the benefits of any
                  existing Employee Benefit Plan, Pension Plan or Multiemployer
                  Plan; (iii) each funding waiver request filed with respect to
                  any Employee Benefit Plan and all communications received or
                  sent by Borrower or any ERISA Affiliate of Borrower with
                  respect to such request; and (iv) the failure of Borrower or
                  any ERISA Affiliate of Borrower to make a required installment
                  or payment under Section 302 of ERISA or Section 412 of the
                  Code by the due date.

                           (b)      Promptly and in any event within ten (10)
                  days of becoming aware of the occurrence of or forthcoming
                  occurrence of any (i) Termination Event or (ii) "prohibited
                  transaction", as such term is defined in Section 406 of ERISA
                  or Section 4975 of the Code, in connection with any Pension
                  Plan or any trust created thereunder Borrower shall deliver to
                  Lender a notice specifying the nature thereof, what action
                  Borrower or their ERISA Affiliate has taken, is taking or
                  proposes to take with respect thereto and, when known, any
                  action taken or threatened by the Internal Revenue Service,
                  the Department of Labor or the PBGC with respect thereto.

                           (c)      With reasonable promptness but in any event
                  within ten (10) days after the occurrence of any of the
                  following, Borrower shall deliver to Lender copies of: (i) any
                  favorable or unfavorable determination letter from the
                  Internal Revenue Service regarding the qualification of an
                  Employee Benefit Plan under Section 401(a) of the Code; (ii)
                  all notices received by Borrower or any ERISA Affiliate of
                  Borrower of the PBGC's intent to terminate any Pension Plan or
                  to have a trustee appointed to administer any Pension Plan;
                  (iii) each Schedule B (Actuarial Information) to the annual
                  report (Form 5500 Series) filed by Borrower or any ERISA
                  Affiliate of Borrower with the Internal Revenue Service with
                  respect to each Pension Plan; and (iv) all notices received by
                  Borrower or any ERISA Affiliate of Borrower from a
                  Multiemployer Plan sponsor concerning the imposition or amount
                  of withdrawal liability pursuant to Section 4202 of ERISA.
                  Borrower promptly will notify Lender in writing in the event
                  Borrower or any ERISA Affiliate of Borrower files or intends
                  to file a notice of intent to terminate any Pension Plan under
                  a distress termination within the meaning of Section 4041(c)
                  of ERISA.

                  6.3.10   OTHER INFORMATION.

                           (a)      Prompt notice of any change in the location
                  of any Property of Borrower or any Subsidiary of Borrower
                  which is material to or necessary for the continued operation
                  of such Person's business, any change in the name of Borrower
                  or any Subsidiary of Borrower, any sale or purchase of
                  Property outside the regular course of business of Borrower or
                  any Subsidiary of Borrower, and

                                       45
<PAGE>   53
                  any change in the business or financial affairs of Borrower or
                  any Subsidiary of Borrower, which change could have a Material
                  Adverse Effect.

                           (b)      Promptly upon request therefor, such other
                  information and reports relating to the past, present or
                  future financial condition, operations, plans and projections
                  of Borrower and its Subsidiaries as Lender reasonably may
                  request from time to time.

         6.4      REPORTS TO GOVERNMENTAL BODIES AND OTHER PERSONS. Timely file
all material reports, applications, documents, instruments and information
required to be filed pursuant to all rules, regulations or requests of any
Governmental Body or other Person having jurisdiction over the operation of the
business of Borrower and its Subsidiaries, including, but not limited to, such
of the Loan Documents as are required to be filed with any such Governmental
Body or other Person pursuant to applicable rules and regulations promulgated by
such Governmental Body or other Person.

         6.5      MAINTENANCE OF LICENSES, FRANCHISES AND OTHER AGREEMENTS.
Maintain in full force and effect at all times, and apply in a timely manner for
renewal of, all Licenses, trademarks, trademark applications, trademark
licenses, copyrights, copyright applications, copyright licenses, patents,
patent applications, patent licenses, trade names, License Agreements and
Operating Agreements necessary for the operation of business of Borrower or any
Subsidiary of Borrower, the loss of any of which could have a Material Adverse
Effect.

         6.6      INSURANCE.

                  6.6.1    MAINTENANCE OF INSURANCE. Maintain in full force and
         effect at all times such property, casualty, business interruption and
         other insurance required by Lender, all of which shall be written by
         insurers, contain terms and be in amounts and forms satisfactory to
         Lender, including public liability insurance, flood insurance required
         pursuant to this Loan Agreement, workmen's compensation, builders'
         risk, fire and extended coverage and flood insurance, with a standard
         mortgagee clause endorsed thereon in favor of Lender which shall
         provide, among other things, that the policies may not be canceled
         without thirty (30) days' prior notice to Lender. Deliver to Lender,
         from time to time as Lender may reasonably request, evidence of
         compliance with this subsection 6.6.1.

                  6.6.2    PROCEEDS. Borrower hereby directs all insurers under
         all policies of insurance to pay all proceeds payable thereunder
         directly to Lender and Borrower hereby authorizes Lender to collect all
         such proceeds subject to Borrower's rights as described below in this
         subsection 6.6.2 to receive certain proceeds. Borrower irrevocably
         appoints Lender (and all officers, employees or agents designated by
         Lender) as Borrower's true and lawful attorney and agent in fact for
         the purpose of and with power to make, settle and adjust claims under
         such policies of insurance, endorse the name of Borrower on any check,
         draft, instrument or other item of payment for the proceeds of such
         policies of

                                       46
<PAGE>   54
         insurance, and to make all determinations and decisions with respect to
         such policies of insurance. Borrower acknowledges that such appointment
         as attorney and agent in fact is a power, coupled with an interest, and
         therefore is irrevocable. Borrower shall notify Lender promptly of any
         loss, damage, destruction or other casualty to the Collateral in excess
         of $20,000. If the proceeds of a casualty do not exceed $50,000 and no
         Event of Default exists such proceeds shall be paid to Borrower or
         Subsidiary of Borrower and applied to repair or replace the Property
         which is the subject of such casualty. If the proceeds of a casualty
         exceed $50,000 or an Event of Default exists, at the option of Lender,
         such proceeds shall be applied to the (i) payment of Borrower's
         Obligations in accordance with Section 8.4 or (ii) repair or
         replacement of the Collateral. In the event the proceeds are to be
         applied to the repair or replacement of Collateral, the Collateral
         shall be repaired or replaced so as to be of at least equal value and
         substantially the same character as prior to such loss, damage,
         destruction or other casualty.

         6.7      FUTURE LEASES. Deliver to Lender, concurrently with
the execution by Borrower or any Subsidiary of Borrower, as lessee, of any
Lease, an executed copy thereof and a Landlord's Consent to the assignment of
such Lease pursuant to an Assignment of Leases.

         6.8      FUTURE ACQUISITIONS OF REAL ESTATE. Deliver to Lender
concurrently with the (i) execution by Borrower or any Subsidiary of Borrower of
any contract relating to the purchase by such Person of real estate, an executed
copy of such contract and (ii) closing of the purchase of such real estate (A) a
first mortgage or deed of trust in favor of Lender on such real estate, in form
and substance satisfactory to Lender, (B) a lender's policy of title insurance,
in such form and amount and containing such endorsements as shall be
satisfactory to Lender (C) an ALTA/ACSM survey of such real estate and (D) such
other documents and assurances with respect to such real estate as Lender may
require.

         6.9      ENVIRONMENTAL MATTERS. At all times comply with, and be
responsible for, its obligations under all Environmental Laws applicable to the
Real Estate, the Leasehold Property and any other Property owned by Borrower or
any Subsidiary of Borrower or used by any such Person in the operation of its
business. Borrower shall at its sole cost and expense (i) comply, and cause its
Subsidiaries to comply, in all respects with (A) any notice of any violation or
administrative or judicial complaint or order having been filed against any such
Person, any portion of any Leasehold Property or any other Property owned by
such Person or used by such Person in the operation of its business alleging
violations of any law, ordinance and/or regulation requiring such Person to take
any action in connection with the release, transportation and/or clean-up of any
Hazardous Materials, and (B) any notice from any Governmental Body or any other
Person alleging that such Person is or may be liable for costs associated with a
response or clean-up of any Hazardous Materials or any damages resulting from
such release or transportation, or (ii) diligently contest, and cause its
Subsidiaries to diligently contest, in good faith by appropriate proceedings any
demands set forth in such notices, provided (A) reserves in an amount
satisfactory to Lender to pay the costs associated with complying with any such
notice are established by such Person and (B) no Lien would or will attach to
the Property which is the

                                       47
<PAGE>   55
subject of any such notice as a result of any compliance by such Person which is
delayed during any such contest. Promptly upon receipt of any notice described
in the foregoing clause (i), Borrower shall deliver a copy thereof to Lender.

         6.10     COMPLIANCE WITH LAWS. Comply with all foreign, federal, state
and local laws, ordinances, requirements and regulations and all judgments,
orders, injunctions and decrees applicable to Borrower or any Subsidiary of
Borrower or their operations, the failure to comply with which could have a
Material Adverse Effect.

         6.11     TAXES AND CLAIMS. Pay and discharge all taxes, assessments and
governmental charges or levies imposed upon it or upon its income or profits, or
upon any Property belonging to it, prior to the date on which penalties attach
thereto, and all lawful claims which, if unpaid, might become a Lien (other than
a Permitted Lien) upon the Property of Borrower or any Subsidiary of Borrower,
provided that so long as no Lien has attached to the Property of Borrower or any
Subsidiary of Borrower as a result of any of the foregoing, neither Borrower nor
any Subsidiary of Borrower shall be required by this Section 6.11 to pay any
such amount if the same is being contested diligently and in good faith by
appropriate proceedings and as to which the applicable Person has set aside
reserves on its books satisfactory to Lender.

         6.12     MAINTENANCE OF PROPERTIES. Maintain all of its Properties
necessary in the operation of its business in good working order and condition.

         6.13     GOVERNMENTAL APPROVALS. Upon the exercise by Lender of any
power, right or privilege pursuant to the provisions of any of the Loan
Documents requiring any consent, approval or authorization of any Governmental
Body (including, without limitation, transfers of Licenses), promptly execute
and cause the execution of all applications, certificates, instruments and other
documents that Lender may be required to obtain for such consent, approval or
authorization.

         6.14     INTENTIONALLY OMITTED.

         6.15     FURTHER ASSURANCES. Promptly upon request of Lender, take such
additional actions as Lender may require from time to time in order to (i) carry
out more effectively the purposes of this Loan Agreement and the other Loan
Documents, (ii) subject to the Liens created by any of the Collateral Documents
any of the Property, rights or interests covered by any of the Collateral
Documents, (iii) perfect and maintain the validity, effectiveness and priority
of any of the Collateral Documents and the Liens intended to be created thereby
and (iv) better assure, convey, grant, assign, transfer, preserve, protect and
confirm to Lender the rights granted or now or hereafter intended to be granted
to Lender under any Loan Document or under any other document executed in
connection therewith. Without limiting the generality of the foregoing and
except as otherwise approved in writing by Lender, Borrower shall cause each of
its Subsidiaries (other than the Restricted Foreign Subsidiaries, unless
otherwise required to do so under Section 6.17) to guaranty Borrower's
Obligations and to cause each such Subsidiary to grant to Lender a security
interest in all of such Subsidiary's Property to secure such guaranty, and, in
connection

                                       48
<PAGE>   56
with Acquisitions, execute and deliver to Lender such other agreements,
documents and instruments as reasonably requested by Lender prior to the
consummation of any such Acquisition. Furthermore and except as otherwise
approved in writing by Lender, Borrower shall pledge the stock or other equity
interests of each of its Subsidiaries (other than the Restricted Foreign
Subsidiaries, unless otherwise required to do so under Section 6.17 hereof) to
Lender to secure Borrower's Obligations. Notwithstanding anything contained
herein to the contrary, neither any Foreign Subsidiary of Borrower nor any
Foreign Subsidiary of any Subsidiary of Borrower shall be required to execute
and deliver, or join in the execution and delivery of, the Subsidiary Guaranty
or grant a security interest in any of its Property to secure any such guaranty,
and Borrower shall not be required to pledge in excess of sixty-six and
two-thirds percent (66 2/3%) of the Subsidiary Equity Interests of any direct
Foreign Subsidiary, in any such case to the extent such guarantee and/or
granting of a security interest would result, in the opinion of Lender, in
material and adverse tax consequences to Borrower or such Foreign Subsidiary
under Section 956 of the Code.

         6.16     LANDLORD CONSENTS. Use its best efforts to obtain and deliver
to Lender, on or before the sixtieth (60) day after the Closing Date, a Landlord
Consent from the lessor and sublessor, as applicable, under each Lease under
which Borrower or such Subsidiary is a lessee or sublessee, except to the extent
a Landlord Consent from such lessor or sublessor, as applicable, shall have been
delivered previously to Lender.

         6.17     RESTRICTED FOREIGN SUBSIDIARIES. If EBITDA or revenues
generated by any of the Restricted Foreign Subsidiaries (or any combination
thereof) during any quarter shall account for or constitute ten percent (10%) or
more of aggregate EBITDA or revenues, respectively, generated by Borrowers and
their Subsidiaries during such quarter, comply with the provisions of Section
6.15 in respect of the Restricted Foreign Subsidiaries and, among other things,
(i) pledge or cause the pledge of the equity interests of such Restricted
Foreign Subsidiaries (in accordance with such Section 6.15) and (ii) cause such
Restricted Foreign Subsidiaries and such other appropriate Persons to join in
the execution of the Subsidiary Security Agreement and the Subsidiary Guaranty,
as applicable.

         6.18     LIEN WAIVERS. If Lender shall have approved any plans for
improvements and/or build-outs in respect of any Real Estate and permitted
Borrower to consummate such improvements and/or build-outs, provide to Lender,
and continue to provide to Lender on an on going basis when and as requested by
Lender, any lien waivers requested by Lender, including, without limitation,
mechanics' lien waivers, in form and substance satisfactory to Lender, and a
date down endorsement to the title policy in favor of Lender, as insured,
covering such Real Estate.

         6.19     COMMON STOCK PURCHASE AGREEMENT. Take all actions reasonably
necessary to ensure that the Common Stock Purchase Agreement shall have been
entered into between Borrower and Crescent International Ltd and in full force
and effect on or before the date immediately following the Closing Date and, on
or before the tenth (10th) Business Day after the

                                       49
<PAGE>   57
date of such effectiveness, deliver to Lender copies of all Common Stock
Purchase Documents, certified by a responsible officer of Borrower as being
true, correct and complete.

                                   ARTICLE VII

                               NEGATIVE COVENANTS

         Until all of Borrower's Obligations are paid and performed in full and
the Commitments shall have terminated, Borrower shall not, and shall not permit
or cause any of its Subsidiaries to:

         7.1      BORROWING/INDEBTEDNESS. Create, incur, assume or suffer to
exist any liability for Indebtedness for Borrowed Money, except:

                  (i)      the Borrower's Obligations;

                  (ii)     Permitted Senior Indebtedness;

                  (iii)    Subordinated Indebtedness disclosed to, and approved
         by, Lender;

                  (iv)     unsecured inter-company loans by (a) Borrower or any
         wholly-owned domestic Subsidiary of Borrower to Borrower or any of
         Borrower's wholly-owned domestic Subsidiaries, and (b) Borrower to any
         wholly-owned foreign Subsidiary of Borrower; provided that (A) the
         obligations of each obligor of such Indebtedness shall: (x) be
         evidenced by promissory notes which shall have been pledged to Lender
         as security for Borrower's Obligations, (y) if required by Lender, be
         subordinated in right of payment to Borrower's Obligations on terms and
         conditions acceptable to Lender and (z) have such other terms and
         provisions as Lender may reasonably require, and (B) in respect of such
         inter-company loans described in the foregoing clause (b), the
         aggregate outstanding amount thereof shall not exceed $100,000 at any
         time; and

                  (v)      other unsecured Indebtedness for Borrowed Money in an
         aggregate amount not to exceed $925,000 at any one time outstanding
         (which shall include the Indebtedness described on EXHIBIT 7.1 hereto).

         7.2      LIENS. Create, incur, assume or suffer to exist any Lien upon
any of its Property, whether now owned or hereafter acquired, except Permitted
Liens.

         7.3      MERGERS AND ACQUISITIONS. Consolidate with or merge with or
into any Person, or acquire directly or indirectly all or substantially all of
the capital stock, equity interests or Property of any Person, except: (i)
Acquisitions consented to by Lender in writing (in its sole and absolute
discretion), and the Contribution, and (ii) any Subsidiary of Borrower may merge
with or into any other wholly-owned domestic Subsidiary of Borrower, provided
that (A) no Event of

                                       50
<PAGE>   58
Default or Incipient Default would exist after giving effect to any such merger,
(B) Lender shall have received at least forty-five (45) days' prior written
notice of any such merger, (C) Borrower and its Subsidiaries shall have executed
and delivered to Lender such instruments, agreements and documents as Lender
shall require to preserve the validity and priority of the Security Interests in
the Property transferred to the surviving Subsidiary in connection with any such
merger and (D) Lender shall have received such other instruments, agreements and
documents in connection with any such merger as Lender shall require, including,
without limitation, certified copies of the related plan of merger and
certificates of merger.

         7.4      CONTINGENT LIABILITIES/OBLIGATIONS. Assume, guarantee,
endorse, contingently agree to purchase, become liable in respect of any letter
of credit, or otherwise become liable upon the obligation of any Person, except:
(i) liabilities arising from the endorsement of negotiable instruments for
deposit or collection in the ordinary course of business, (ii) the posting of
bonds to secure performance to the extent necessary in connection with its
business and similar transactions in the ordinary course of business, (iii)
Borrower may guarantee the Indebtedness of any of its wholly-owned domestic
Subsidiaries, and any Subsidiary of Borrower may guarantee the Indebtedness of
Borrower or any of its wholly-owned domestic Subsidiaries to the extent, in each
such case, such underlying Indebtedness so guaranteed is otherwise permitted
under the terms of this Loan Agreement and (iv) customary indemnification
obligations under Acquisition Documents and, to the extent entered into in the
ordinary course of business, other contracts and agreements.

         7.5      DISTRIBUTIONS/RESTRICTED JUNIOR PAYMENTS. Make any dividends,
distributions or other shareholder expenditures with respect to its capital
stock or other equity interests or apply any of its Property to the purchase,
redemption or other retirement of, or set apart any sum for the payment of, or
make any other distribution by reduction of capital or otherwise in respect of,
any of such capital stock or equity interests, except any Subsidiary of Borrower
may make dividends or other distributions to Borrower.

         7.6      CAPITAL EXPENDITURES. Make or incur any Capital Expenditures
(other than Acquisitions consented to by Lender in writing, in its sole and
absolute discretion) to the extent the aggregate amount of all Capital
Expenditures of Borrower and its Subsidiaries for any period set forth below
exceeds the amount set forth below opposite such period:

<TABLE>
<CAPTION>
<S>                                                      <C>
                           Period                        Maximum Amount
                           ------                        --------------

                  Fiscal Year 2001                       $2,600,000
                  Fiscal Year 2002                       $3,100,000
                  Each Fiscal Year Thereafter            $3,300,000
</TABLE>

         7.7      PAYMENTS OF INDEBTEDNESS FOR BORROWED MONEY. Make any
voluntary or optional payment or prepayment of any Indebtedness for Borrowed
Money or make any payment in respect of Subordinated Indebtedness, other than in
respect of Borrower's Obligations.

                                       51
<PAGE>   59
         7.8      INVESTMENTS; LOANS. At any time purchase or otherwise acquire,
hold or invest in the capital stock of, or any other interest in, any Person
(including the creation of any Subsidiary), or make any loan or advance to, or
enter into any arrangement for the purpose of providing funds or credit to, or
make any other investment, whether by way of capital contribution or otherwise,
in or with any Person, including, without limitation, any Affiliate, except:

                  (i)      investments in direct obligations of, or instruments
         unconditionally guaranteed by, the United States of America or in
         certificates of deposit issued by a Qualified Depository;

                  (ii)     investments in commercial or finance paper which, at
         the time of investment, is rated "A" or better by Moody's Investors
         Service, Inc., or Standard & Poor's Ratings Group, a Division of
         McGraw-Hill, Inc., respectively, or at the equivalent rate by any of
         their respective successors;

                  (iii)    any interests in any money market account maintained,
         at the time of investment, with a Qualified Depository, the investments
         of which, at the time of investment, are restricted to the types
         specified in clause (i) above;

                  (iv)     unsecured inter-company loans otherwise permitted
         under Section 7.1;

                  (v)      current outstanding investments in Subsidiaries in
         existence on the Closing Date;

                  (vi)     Acquisitions consented to by Lender in writing (in
         its sole and absolute discretion), including establishment or creation
         of, and equity investments in, wholly-owned Subsidiaries consented to
         by Lender in writing in connection with any such Acquisitions; and

                  (vii)    until the maturity date set forth in the Medical
         Dynamics Loan Documents as in effect on the Closing Date (or such later
         date, as consented to by Lender), investments by PracticeWorks Systems
         in Medical Dynamics, Inc., a Colorado corporation, and Computer Agent
         Dentist, Inc., a California corporation, due to the Medical Dynamics
         Loans and the Liens in favor of PracticeWorks Systems securing such
         Medical Dynamics Loans.

All investments permitted pursuant to clauses (i), (ii) and (iii) of this
Section 7.8 shall have a maturity not exceeding one year.

         7.9      FUNDAMENTAL BUSINESS CHANGES. Materially change the nature of
its business.

         7.10     FACILITY SITES. Change the locations of its chief executive
office or other Property used in the operation of its business (except to the
extent Borrower shall close any facilities at

                                       52
<PAGE>   60
which such Property is located (other than the locations of its chief executive
office) and only to the extent Borrower shall have complied with the provisions
of this Section 7.10 in respect of the locations at which such Property is to be
moved), unless (i) Lender shall have received at least thirty (30) days' prior
written notice thereof, (ii) Borrower or the applicable Subsidiary shall have
complied with all applicable laws, rules and regulations and shall have received
all required consents and approvals from any Governmental Body, (iii) Lender
shall have received satisfactory evidence that such change could not reasonably
be expected to affect adversely the operations or business prospects of Borrower
or the applicable Subsidiary and (iv) Borrower or the applicable Subsidiary
shall have executed and delivered to Lender any documents, agreements and
instruments Lender may reasonably require in order to maintain the validity and
priority of the Security Interests, including, without limitation, UCC financing
statements and amendments.

         7.11     SALE OR TRANSFER OF ASSETS. Sell, lease, assign, transfer or
otherwise dispose of any Property (whether in one transaction or a series of
transactions), or enter into any agreement to do any of the foregoing, except:

                  (i)      the disposition of Property which is not material to
         or necessary for the continued operation of its business;

                  (ii)     obsolete or unusable items of equipment which
         promptly are replaced with new items of equipment of like function and
         comparable value to the obsolete or unusable items of equipment when
         the same were new or not obsolete or unusable, provided such
         replacement items of equipment shall become subject to the Security
         Interests;

                  (iii)    dispositions not otherwise permitted hereunder which
         are made for fair market value and the mandatory prepayment, if any, in
         the amount of the Net Proceeds of such disposition is made as provided
         in subsection 2.8.2(b); provided, that (i) at the time of any such
         disposition, no Event of Default shall exist or shall result from such
         disposition, (ii) not less than the greater of eighty-five percent
         (85%) of aggregate sales price from such disposition and the amount of
         the mandatory prepayment required pursuant to subsection 2.8.2(b) shall
         be paid in cash, (iii) the aggregate value of assets so sold by
         Borrower and its Subsidiaries, together, shall not exceed in any year
         $500,000 and (iv) any non-cash portion of the sales price shall be
         pledged to Lender as security for Borrower's Obligations; and

                  (iv)     as expressly permitted pursuant to Section 7.3.

         7.12     AMENDMENT OF DOCUMENTS. Amend or modify in a manner adverse to
Lender or the Collateral (i) its articles of incorporation (including any
certificates of designations, preferences and rights), bylaws or other corporate
governance documents or organization instruments, except if required by law,
(ii) any of the Medical Dynamics Loan Documents or (iii) any other Related
Transaction Agreements to the extent reasonably expected to have a Material
Adverse Effect.

                                       53
<PAGE>   61

         7.13     ACQUISITION OF ADDITIONAL PROPERTIES. Acquire any additional
Property except (i) such Property as is necessary to or useful in the operation
of its business, provided such acquisitions shall be subject to the conditions
and limitations set forth in this Loan Agreement, and (ii) acquisitions of
Property as are permitted pursuant to Section 7.3 and Section 7.21.

         7.14     ISSUANCE OF CAPITAL STOCK OR OTHER SIMILAR INTERESTS. Issue or
sell, permit to be issued or sold, or otherwise consent to the transfer of, any
additional capital stock or equity interests or any interests convertible into
or exercisable for any such capital stock or additional equity interests, except
(i) the issuance of capital stock of Borrower, provided that (a) Borrower shall
not be required or permitted to pay cash dividends, redeem such capital stock or
make other distributions with respect thereto and, without limiting the
foregoing, any preferred stock of Borrower so issued shall not contain, provide
for or otherwise have any mandatory redemption or put rights during the term of
this Loan Agreement or until Borrower's Obligations shall have been performed
and paid in full and the Commitment shall have terminated, and (b) Borrower
shall comply with the provisions of subsection 2.8.2(c), (ii) the convertible
rights granted pursuant to promissory notes evidencing Subordinated Indebtedness
or other Indebtedness for Borrowed Money otherwise permitted hereunder, (iii)
Borrower may issue, sell or otherwise transfer, and InfoCure Australia Pty
Limited, a company organized under the laws of Australia, may permit the
issuance, sale or other transfer, of the equity interests of InfoCure Australia
Pty Limited, provided that Borrower shall continue to own and control at all
times (a) at least 51% of the issued and outstanding equity interests of
InfoCure Australia Pty Limited and (b) such percentage of the voting securities
of InfoCure Australia Pty Limited at least sufficient to enable Borrower to
direct the direction of management and policies of such Person and (iv) in
connection with the Contribution and the Distribution, in each instance, in
accordance with the Distribution Transaction Documents.

         7.15     TRANSACTIONS WITH AFFILIATES. Sell, lease, assign, transfer or
otherwise dispose of any Property to any Affiliate of Borrower, lease Property,
render or receive services or purchase assets from any such Affiliate, or
otherwise enter into any contractual relationship with any Affiliate, except:

                  (i)      as expressly permitted by this Loan Agreement; and

                  (ii)     in the ordinary course of business and pursuant to
         the reasonable requirements of the business of Borrower or the
         applicable Subsidiary;

and, in the case of each of (i) and (ii) above, upon fair and reasonable terms
no less favorable to Borrower or the applicable Subsidiary than would be
obtained in a comparable arm's-length transaction with a Person not an Affiliate
of such Person and which are disclosed in writing to Lender.

                                       54
<PAGE>   62

         7.16     COMPLIANCE WITH ERISA.

                  (i)      Permit the occurrence of any Termination Event which
         would result in a liability to Borrower or any ERISA Affiliate of
         Borrower in excess of $250,000;

                  (ii)     Permit the present value of all benefit liabilities
         under all Pension Plans to exceed the current value of the assets of
         such Pension Plans allocable to such benefit liabilities by more than
         $250,000;

                  (iii)    Permit any accumulated funding deficiency in excess
         of $250,000 (as defined in Section 302 of ERISA and Section 412 of the
         Code) with respect to any Pension Plan, whether or not waived;

                  (iv)     Fail to make any contribution or payment to any
         Multiemployer Plan which Borrower or any ERISA Affiliate of Borrower
         may be required to make under any agreement relating to such
         Multiemployer Plan, or any law pertaining thereto which results in or
         is likely to result in a liability in excess of $250,000;

                  (v)      Engage, or permit Borrower or any ERISA Affiliate of
         Borrower to engage, in any "prohibited transaction" as such term is
         defined in Section 406 of ERISA or Section 4975 of the Code for which a
         civil penalty pursuant to Section 502(i) of ERISA or a tax pursuant to
         Section 4975 of the Code in excess of $250,000 is imposed;

                  (vi)     Permit the establishment of any Employee Benefit Plan
         providing post-retirement welfare benefits or establish or amend any
         Employee Benefit Plan which establishment or amendment could result in
         liability to Borrower or any ERISA Affiliate of Borrower or increase
         the obligation of Borrower or any ERISA Affiliate of Borrower to a
         Multiemployer Plan which liability or increase, individually or
         together with all similar liabilities and increases, is material to
         Borrower or any ERISA Affiliate of Borrower; or

                  (vii)    Fail, or permit any of its ERISA Affiliates to fail,
         to establish, maintain and operate each Employee Benefit Plan in
         compliance in all material respects with ERISA, the Code and all other
         applicable laws and regulations and interpretations thereof.

         7.17     MINIMUM NET WORTH. Permit Consolidated Net Worth as of the
last day of any quarter set forth below to be less than the amount set forth
below opposite such quarter:

<TABLE>
<CAPTION>
             Quarter                             Minimum Amount
             -------                             --------------
         <S>                                     <C>
         March 31, 2001                           $41,760,000
         June 30, 2001                            $34,720,000
         September 30, 2001                       $28,200,000
         December 31, 2001                        $22,360,000
         March 31, 2002                           $18,100,000

</TABLE>

                                       55
<PAGE>   63
<TABLE>
         <S>                                      <C>
         June 30, 2002                            $30,480,000
         September 30, 2002                       $28,020,000
         December 31, 2002                        $27,000,000
         March 31, 2003                           $27,600,000
         June 30, 2003                            $29,700,000
           and Thereafter
</TABLE>

provided, that, to the extent (i) the Contemplated DENTSPLY Acquisition shall
not have been consummated on or before the last day of any such quarter set
forth above, the minimum amount of Consolidated Net Worth set forth above
opposite such quarter shall be reduced by $21,000,000, and (ii) the Contemplated
MEDY Acquisition shall not have been consummated on or before the last day of
any such quarter set forth above, the minimum amount of Consolidated Net Worth
set forth above opposite such quarter shall be reduced by $3,500,000.

         7.18     INTENTIONALLY OMITTED.

         7.19     INTENTIONALLY OMITTED.

         7.20     SUBSIDIARIES. Create or permit to exist any Subsidiary, except
(i) Borrower and its Subsidiaries may permit the existence of the Subsidiaries
in existence on the Closing Date (as described in Section 5.23) and (ii)
Borrower may create and permit the existence of wholly-owned domestic
Subsidiaries in connection with Acquisitions otherwise consented to by Lender in
writing, which consent may be withheld or granted in Lender's sole and absolute
discretion; provided, that each such Subsidiary described in the foregoing
clauses (i) and (ii) shall have executed and delivered all agreements, documents
and instruments required under Section 6.15.

         7.21     ACQUISITIONS. Consummate, or permit any of its Subsidiaries to
consummate, any Acquisitions, or enter into any binding letter of intent or
other binding agreement or contract in contemplation thereof, or any other
agreement, contract or written understanding in respect thereof that does not
provide for a financing contingency and that the contemplated acquisition
remains subject to Lender's consent and approval.

         7.22     MINIMUM CURRENT RATIO. Permit the ratio of (i) consolidated
current assets of Borrower and its Subsidiaries (other than the Restricted
Foreign Subsidiaries) as of any date to (ii) consolidated current liabilities of
Borrower and its Subsidiaries, less, to the extent included in such consolidated
current liabilities, (a) the amount of so-called "deferred revenues and customer
deposits" of Borrower as of such date and (b) current maturities of long term
debt to the extent attributable to or otherwise constituting Borrower's
Obligations, in each case as accurately reflected on the financial statements of
Borrower and its Subsidiaries, determined in accordance with GAAP as of such
date, to be less than 1.00 to 1.00.

         7.23     MINIMUM LIQUIDITY. Permit the sum of (i) cash and Cash
Equivalents of Borrower and its Subsidiaries as of the last day of any quarter
set forth below, plus (ii) the lesser

                                       56
<PAGE>   64
of (a) the aggregate amount of cash proceeds that shall be immediately available
to Borrower in accordance with and under the Common Stock Purchase Agreement
(subject to no conditions or consent or approval rights of any Person thereunder
that shall not have been actually satisfied as of such date) in the event, or as
if, Borrower shall have previously delivered a "Sale Notice" (as defined in the
Common Stock Purchase Agreement) and such last day shall be the respective
"Closing Date" (as defined in the Common Stock Purchase Agreement) (net of costs
and expenses of Borrower paid, to be paid or otherwise incurred in connection
therewith) and (b) $2,500,000, to be less than the amount set forth below
opposite such date:

<TABLE>
<CAPTION>
          Date                                     Minimum Amount
          ----                                     --------------
         <S>                                       <C>
         March 31, 2001                              $ 6,375,000
         June 30, 2001                               $ 5,395,000
         September 30, 2001                          $ 4,255,000
         December 31, 2001                           $ 2,932,000
         March 31, 2002                              $ 2,835,000
         June 30, 2002                               $ 3,455,000
         September 30, 2002                          $ 4,955,000
         December 31, 2002                           $ 7,575,000
         March 31, 2003                              $11,125,000
         June 30, 2003                               $15,715,000
            and Thereafter
</TABLE>

                                  ARTICLE VIII

                              DEFAULT AND REMEDIES

         8.1      EVENTS OF DEFAULT. The occurrence of any of the following
shall constitute an "Event of Default" under the Loan Documents:

                  8.1.1    DEFAULT IN PAYMENT. If Borrower shall fail to pay all
         or any portion of Borrower's Obligations when the same become due and
         payable.

                  8.1.2    BREACH OF COVENANTS.

                           (a)      If Borrower shall fail to observe or perform
                  any covenant or agreement made by or on behalf of such Person
                  contained in Section 6.1, 6.2, 6.3, 6.5, 6.6, 6.9, 6.11, 6.15,
                  6.16 or 6.17 or in Article VII;

                           (b)      If Borrower or any Subsidiary of Borrower
                  shall fail to observe or perform any covenant or agreement
                  (other than those referred to in subparagraph (a) above or
                  specifically addressed elsewhere in this Section 8.1) made by
                  such

                                       57
<PAGE>   65

                  Person in any of the Loan Documents to which such Person is a
                  party, and such failure shall continue for a period of thirty
                  (30) days after written notice of such failure is given by
                  Lender.

                  8.1.3    BREACH OF WARRANTY. If any representation or warranty
         made by or on behalf of Borrower or any Subsidiary of Borrower in or
         pursuant to any of the Loan Documents or in any instrument or document
         furnished in compliance with the Loan Documents (including, without
         limitation, any Compliance Certificate) shall prove to be false or
         misleading in any material respect on the date made.

                  8.1.4    DEFAULT UNDER OTHER INDEBTEDNESS FOR BORROWED MONEY.
         If (i) Borrower or any Subsidiary of Borrower at any time shall be in
         default (as principal or guarantor or other surety) in the payment of
         any principal of or premium or interest on any Indebtedness for
         Borrowed Money (other than Borrower's Obligations) beyond the grace
         period, if any, applicable thereto and the aggregate amount of such
         payments then in default beyond such grace period shall exceed $500,000
         or (ii) any default shall occur in respect of any issue of Indebtedness
         for Borrowed Money of Borrower or any Subsidiary of Borrower (other
         than Borrower's Obligations) outstanding in a principal amount of at
         least $500,000, or in respect of any agreement or instrument relating
         to any such issue of Indebtedness for Borrowed Money, and such default
         shall continue beyond the grace period, if any, applicable thereto.

                  8.1.5    BANKRUPTCY.

                           (a)      If Borrower or any Subsidiary of Borrower
                  shall (i) generally not be paying its debts as they become
                  due, (ii) file, or consent, by answer or otherwise, to the
                  filing against it of a petition for relief or reorganization
                  or arrangement or any other petition in bankruptcy or
                  insolvency under the laws of any jurisdiction, (iii) make an
                  assignment for the benefit of creditors, (iv) consent to the
                  appointment of a custodian, receiver, trustee or other officer
                  with similar powers for Borrower or such Subsidiary, or for
                  any substantial part of the Property of Borrower or such
                  Subsidiary or (v) be adjudicated insolvent.

                           (b)      If any Governmental Body of competent
                  jurisdiction shall enter an order appointing, without consent
                  of Borrower or such Subsidiary, a custodian, receiver, trustee
                  or other officer with similar powers with respect to Borrower
                  or any Subsidiary of Borrower, or with respect to any
                  substantial part of the Property belonging to any such Person,
                  or if an order for relief shall be entered in any case or
                  proceeding for liquidation or reorganization or otherwise to
                  take advantage of any bankruptcy or insolvency law of any
                  jurisdiction, or ordering the dissolution, winding-up or
                  liquidation of Borrower or any Subsidiary of Borrower or if
                  any petition for any such relief shall be filed against
                  Borrower and such petition shall not be dismissed or stayed
                  within sixty (60) days.

                                       58
<PAGE>   66

                  8.1.6    JUDGMENTS. If the aggregate amount of all judgments
         or awards against Borrower and its Subsidiaries exceeds $500,000 at any
         one time outstanding, excluding judgments or awards (i) for which there
         is full insurance and with respect to which the insurer has assumed
         responsibility in writing, (ii) for which there is full indemnification
         (upon terms and by credit worthy indemnitors which are satisfactory to
         Lender) or (iii) which have not been discharged in full or stayed
         pending appeal.

                  8.1.7    IMPAIRMENT OF LICENSES; OTHER AGREEMENTS. If (i) any
         Governmental Body shall (A) revoke, terminate, suspend or adversely
         modify any License of Borrower or any Subsidiary of Borrower, the
         non-continuation of which could have a Material Adverse Effect, or (B)
         enter a final order or decision to suspend, revoke, terminate or
         adversely modify any such License or (ii) there shall exist any
         violation or default in the performance of, or a material failure to
         comply with any agreement, or condition or term of any License or
         License Agreement, which violation, default or failure could have a
         Material Adverse Effect, or any such License or License Agreement shall
         cease to be in full force and effect, or (iii) any Operating Agreement
         or License Agreement shall expire or be revoked or terminated and not
         replaced by a substitute acceptable to Lender within thirty (30) days
         after the date of such expiration, revocation or termination, and such
         expiration, revocation or termination and non-replacement could have a
         Material Adverse Effect.

                  8.1.8    COLLATERAL. If any material portion of the Collateral
         shall be seized or taken by a Governmental Body or Person, or Borrower
         and its Subsidiaries shall fail to maintain or cause to be maintained
         the Security Interests and priority of the Loan Documents as against
         any Person, or the title and rights of Borrower or any Subsidiary of
         Borrower to any material portion of the Collateral shall have become
         the subject matter of litigation which reasonably could be expected to
         result in impairment or loss of the security provided by the Loan
         Documents.

                  8.1.9    PLANS. If an event or condition specified in
         subsection 6.3.9 hereof shall occur or exist with respect to any Plan
         or Multiemployer Plan and, as a result of such event or condition,
         together with all other such events or conditions, Borrower or any
         ERISA Affiliates of Borrower shall incur, or in the opinion of Lender
         be reasonably likely to incur, a liability to a Plan or Multiemployer
         Plan or the PBGC (or any of them) which, in the reasonable judgment of
         Lender, could have a Material Adverse Effect.

                  8.1.10   CHANGE IN CONTROL. If at any time (i) Borrower ceases
         to own and control all of the issued and outstanding Subsidiary Equity
         Interests, or (ii) any Person or any Persons acting together which
         would constitute a "group" (a "Group") for purposes of Section 13(d) of
         the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
         or any successor provision thereto, other than a Group whose nominees
         constitute a majority of the board of directors of Borrower as of the
         Closing Date and after giving effect to the Related Transactions to be
         consummated on or before the Closing Date, together with any Affiliates
         or "Related Persons" (as defined in Rule 13d-3 of the Securities and
         Exchange Commission under the Exchange Act or any successor provision
         thereto) thereof, shall beneficially own 50% or more of the aggregate
         voting power of all classes of capital stock of Borrower entitled to
         vote generally in the election of directors of Borrower; or (iii) any
         Person or Group, other than any Person or Group whose nominees
         constituted a majority of the board of directors of Borrower as of the
         Closing Date,

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<PAGE>   67

         together with any Affiliates or Related Persons thereof, shall succeed
         in having sufficient of its or their nominees elected to the board of
         directors of Borrower, such that such nominees, when added to any
         existing director remaining on the board of directors of Borrower after
         such election who is an Affiliate or a Related Person of such Group,
         shall constitute a majority of the board of directors of Borrower; or
         (iv) Lender shall cease at any time to have a first Lien on all of the
         issued and outstanding Subsidiary Equity Interests (subject to the
         provisions of Section 6.15).

                  8.1.11   CHANGE IN MANAGEMENT. If for any reason each of
         Richard E. Perlman or James K. Price shall have ceased to (i) hold the
         office or offices maintained by such Persons as of the Closing Date, or
         (ii) otherwise perform the corporate and day to day management
         functions performed by such Persons as of the Closing Date, and
         Borrower shall have failed to engage or otherwise hire an Approved
         Replacement for at least one of them. Thereafter, at least one Approved
         Replacement must continue to hold the office or offices maintained by
         such Person as of the date of hire or engagement or otherwise perform
         the corporate and day to day management functions performed by such
         Person as of such date (and Borrower acknowledges that the cessation
         thereof shall constitute an Event of Default hereunder, unless replaced
         by another Approved Replacement, and, in such case, the terms hereof
         shall apply to such Person).

                  8.1.12   INVALIDITY OF SUBORDINATION AGREEMENTS AND TERMS. The
         subordination provisions of any agreement, document or instrument
         governing any Subordinated Indebtedness shall, for any reason at any
         time, be revoked or invalidated, or otherwise cease to be in full force
         and effect, or Borrower or any Subsidiary of Borrower shall contest in
         any manner the validity or enforceability thereof, or Borrower's
         Obligations shall for any reason not have the priority contemplated by
         this Loan Agreement or such subordination provisions.

                  8.1.13   TRANSITION SERVICES AGREEMENT. The Transition
         Services Agreement or any of the material terms, provisions, agreements
         or covenants set forth in the Transition Services Agreement shall, for
         any reason at any time, be revoked or invalidated, or otherwise cease
         to be in full force and effect, or Borrower, any Subsidiary of Borrower
         or InfoCure Corporation shall contest in any manner the validity or
         enforceability thereof, or their obligations or liabilities thereunder,
         except in connection with the termination thereof due to reasons other
         than the exercise of rights of termination resulting from a party's
         failure to comply with the terms thereof and to the extent such
         termination could not

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<PAGE>   68
         reasonably be expected to have, and does not have, a material and
         adverse effect on the business of the Borrower.

                  8.1.14   CERTAIN QUALIFICATIONS. If for any reason at any time
         (i) the Contribution, the ISI Merger and/or the Distribution shall
         cease or fail to qualify as tax-free "reorganizations" under Section
         368(a)(1)(D) of the Code or to otherwise qualify for non-recognition
         treatment under the Code or applicable state law or otherwise; or (ii)
         the Distribution shall cease or fail to qualify as a tax-free
         transaction described in Section 355 of the Code or applicable state
         law or otherwise; or (iii) the Borrower or any of its Subsidiaries
         shall incur any material and adverse tax consequences or liabilities
         due to deferred intercompany gains and excess loss accounts, if any, as
         a result of the Distribution or the transactions undertaken in
         connection therewith or otherwise.

                  8.1.15   COMMON STOCK PURCHASE DOCUMENTS. (i) The Common Stock
         Purchase Agreement for any reason shall not have been entered into
         between Borrower and Crescent International Ltd. on or before the date
         immediately following the Closing Date (in form and substance
         materially similar to the draft thereof most recently provided to
         Lender and its counsel before the Closing Date), or (ii) thereafter,
         the Common Stock Purchase Agreement or any of the material terms,
         provisions, agreements or covenants set forth in the Common Stock
         Purchase Agreement shall, for any reason at any time, be revoked or
         invalidated, or otherwise cease to be in full force and effect, or
         Borrower, any Subsidiary of Borrower or any other Person party thereto
         shall contest in any manner the validity or enforceability thereof, or
         their obligations and liabilities thereunder, or (ii) Borrower shall be
         obligated to pay in cash or other Property (other than common stock of
         Borrower) any penalty or fees in excess of $250,000 in the aggregate
         during any year of the type described in Section 1.1(c), (d) and/or (e)
         of the "Registration Rights Agreement" described in the definition of
         "Common Stock Purchase Documents" herein contained and under any other
         registration rights agreement executed and delivered in connection with
         the Common Stock Purchase Agreement or the Equity Purchase Documents.

         8.2      ACCELERATION OF BORROWER'S OBLIGATIONS.  Upon the occurrence
of:

                  (a)      any Event of Default described in clauses (ii),
         (iii), (iv) or (v) of subsection 8.1.5(a) or in subsection 8.1.5(b),
         all Commitments shall terminate automatically and all of Borrower's
         Obligations at that time outstanding automatically shall mature and
         become due and payable, and

                  (b)      any other Event of Default, Lender, at any time
         (unless such Event of Default shall have been waived in writing or
         remedied), at its option, without further notice or demand may
         terminate the Commitments and/or declare all of Borrower's Obligations
         due and payable, whereupon Borrower's Obligations immediately shall
         mature and become due and payable,

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<PAGE>   69
all without presentment, demand, protest or notice (other than the declaration
referred to in clause (b) above), all of which hereby are waived.

         8.3      REMEDIES ON DEFAULT. If an Event of Default shall have
occurred, Lender, at its option, may:

                  8.3.1    ENFORCEMENT OF SECURITY INTERESTS. Enforce or cause
         to be enforced any of the rights or remedies accorded to Lender under
         the Loan Documents.

                  8.3.2    OTHER REMEDIES. Enforce or cause to be enforced any
         of the rights or remedies accorded to Lender at equity or law, by
         virtue of statute or otherwise.

         8.4      APPLICATION OF FUNDS. Any funds received by Lender pursuant to
the exercise of any rights accorded to Lender pursuant to, or by the operation
of any of the terms of, any of the Loan Documents, including, without
limitation, insurance proceeds, condemnation proceeds or proceeds from the sale
of Collateral, shall be applied to Borrower's Obligations in the following order
of priority:

                  8.4.1    EXPENSES. First, to the payment of all fees and
         expenses actually incurred, including, without limitation, court costs,
         fees of appraisers, title charges, costs of maintaining and preserving
         the Collateral, costs of sale, and all other costs incurred by Lender,
         in exercising any rights accorded to Lender pursuant to the Loan
         Documents or by applicable law, including, without limitation,
         reasonable attorney's fees.

                  8.4.2    BORROWER'S OBLIGATIONS. Next, to the payment of
         Borrower's Obligations in such manner as Lender shall determine.

                  8.4.3    SURPLUS. Any surplus, to the Person or Persons
         entitled thereto.

         8.5      PERFORMANCE OF BORROWER'S OBLIGATIONS. If Borrower or any
Subsidiary of Borrower fails to (i) maintain in force and pay for any insurance
policy or bond which such Person is required to provide pursuant to any of the
Loan Documents, (ii) keep the Collateral free from all Liens except for
Permitted Liens, (iii) pay when due all taxes, levies and assessments on or in
respect of the Collateral, except as otherwise permitted pursuant to the terms
hereof, (iv) make all payments and perform all acts on the part of such Person
to be paid or performed in the manner required by the terms hereof and by the
terms of the other Loan Documents with respect to any of the Collateral,
including, without limitation, all expenses of protecting, storing, warehousing,
insuring, handling and maintaining the Collateral, (v) keep fully and perform
promptly any other of the obligations of such Person hereunder or under any of
the other Loan Documents, and (vi) keep fully and perform promptly the
obligations of Borrower with respect to any issue of Indebtedness for Borrowed
Money secured by a Permitted Prior Lien, then Lender may (but shall not be
required to) procure and pay for such insurance policy or bond, place such
Collateral in good repair and operating condition, pay, contest or settle such
Liens or taxes or any judgments

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<PAGE>   70
based thereon or otherwise make good any other aforesaid failure of such Person.
Borrower shall reimburse Lender immediately upon demand for all reasonable sums
paid or advanced on behalf of Borrower or any Subsidiary of Borrower for any
such purpose, together with reasonable and/or necessary costs and expenses
(including reasonable attorneys' fees) paid or incurred by Lender in connection
therewith and interest on all sums advanced from the date of advancement until
repaid to Lender at the Default Rate applicable thereto. All such sums advanced
by Lender, with interest thereon, immediately upon advancement thereof, shall be
deemed to be part of Borrower's Obligations and secured by the Security
Interests.

                                   ARTICLE IX

                                     CLOSING

         The Closing Date shall be such date as the parties shall determine, and
the Closing shall take place on such date, provided all conditions for the
Closing as set forth in this Loan Agreement have been satisfied or otherwise
waived by Lender. The Closing shall take place at the office of Katten Muchin
Zavis or such other place as the parties hereto shall agree. Unless the Closing
occurs on or before March 10, 2001, this Loan Agreement shall terminate and be
of no further force or effect and, except for any obligations of Borrower to
Lender pursuant to Article X, none of the parties hereto shall have any further
obligation to any other party.

                                    ARTICLE X

                             EXPENSES AND INDEMNITY

         10.1     ATTORNEYS' FEES AND OTHER FEES AND EXPENSES. Whether or not
any of the transactions contemplated by this Loan Agreement shall be
consummated, subject to the limitations set forth in subsection 10.1.1, Borrower
agrees to pay to Lender on demand all expenses incurred by Lender in connection
with the transactions contemplated hereby and in connection with any amendments,
modifications or waivers (whether or not the same become effective) under or in
respect of any of the Loan Documents, including, without limitation:

                  10.1.1   FEES AND EXPENSES FOR PREPARATION OF LOAN DOCUMENTS.
         All expenses, disbursements (including, without limitation, charges for
         required mortgagee's title insurance, lien searches, reproduction of
         documents, long distance telephone calls and overnight express
         carriers) and reasonable attorneys' fees, actually incurred by Lender
         in connection with the (i) preparation and negotiation of the Loan
         Documents or any amendments, modifications or waivers thereto or any
         documents delivered pursuant thereto and (ii) administration of the
         Term Loan.

                  10.1.2   FEES AND EXPENSES IN ENFORCEMENT OF RIGHTS OR DEFENSE
         OF LOAN DOCUMENTS. Any expenses or other costs, including reasonable
         attorneys' fees and expert

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<PAGE>   71

         witness fees, actually incurred by Lender in connection with the
         enforcement or collection against Borrower or any Subsidiary of
         Borrower of any provision of any of the Loan Documents, and in
         connection with or arising out of any litigation, investigation or
         proceeding instituted by any Governmental Body or any other Person with
         respect to any of the Loan Documents, whether or not suit is
         instituted, including, but not limited to, such costs or expenses
         arising from the enforcement or collection against Borrower or any
         Subsidiary of Borrower of any provision of any of the Loan Documents in
         workout or restructuring, any state or federal bankruptcy or
         reorganization proceeding.

         10.2     INDEMNITY. Borrower agrees to indemnify and save Lender
harmless of and from the following:

                  10.2.1   BROKERAGE FEES. The fees, if any, of brokers and
         finders engaged by Borrower.

                  10.2.2   GENERAL. Any loss, cost, liability, damage or expense
         (including reasonable attorneys' fees and expenses) incurred by Lender
         in investigating, preparing for, defending against, providing evidence,
         producing documents or taking other action in respect of any commenced
         or threatened litigation, administrative proceeding, suit instituted by
         any Person or investigation under any law, including any federal
         securities law, the Bankruptcy Code, any relevant state corporate
         statute or any other securities law, bankruptcy law or law affecting
         creditors generally of any jurisdiction, or any regulation pertaining
         to any of the foregoing, or at common law or otherwise, relating,
         directly or indirectly, to the transactions contemplated by or referred
         to in, or any other matter related to, the Loan Documents.

                  10.2.3   OPERATION OF COLLATERAL; JOINT VENTURERS. Any loss,
         cost, liability, damage or expense (including reasonable attorneys'
         fees and expenses) incurred in connection with the ownership, operation
         or maintenance of the Collateral, the construction of Lender and
         Borrower or any Subsidiary of Borrower as having the relationship of
         joint venturers or partners or the determination that Lender has acted
         as agent for Borrower or any Subsidiary of Borrower.

                  10.2.4   ENVIRONMENTAL INDEMNITY. Any and all claims, losses,
         damages, response costs, clean-up costs and expenses suffered and/or
         incurred at any time by Lender arising out of or in any way relating to
         the existence at any time of any Hazardous Materials in, on, under, at,
         transported to or from, or used in the construction and/or renovation
         of, any of the Real Estate or Leasehold Property, or otherwise with
         respect to any Environmental Law, and/or the failure of Borrower or any
         Subsidiary of Borrower to perform its obligations and covenants
         hereunder with respect to environmental matters, including, but not
         limited to: (i) claims of any Persons for damages, penalties, response
         costs, clean-up costs, injunctive or other relief, (ii) costs of
         removal and restoration, including fees of attorneys and experts, and
         costs of reporting the existence of Hazardous Materials to any

                                       64
<PAGE>   72

         Governmental Body, and (iii) any expenses or obligations, including
         attorneys' fees and expert witness fees, incurred at, before and after
         any trial or other proceeding before any Governmental Body or appeal
         therefrom whether or not taxable as costs, including, without
         limitation, witness fees, deposition costs, copying and telephone
         charges and other expenses, all of which shall be paid by Borrower to
         Lender.

                  10.2.5   DISTRIBUTION TRANSACTIONS. Any and all claims,
         losses, damages and expenses suffered and/or incurred at any time by
         Lender arising out of or in any way relating to the Distribution
         Transaction Documents and the transactions contemplated thereby,
         including, without limitation, from any failure of the Distribution to
         be consummated or otherwise of full force and effect or of the
         Contribution, the Internal ISI Merger and/or the Distribution to
         qualify as a tax-free reorganization under Section 368(a)(1)(D) of the
         Code or to otherwise qualify for non-recognition treatment under the
         Code and/or the Distribution to qualify as a tax-free transaction
         described in Section 355 of the Code.

                                   ARTICLE XI

                              TAXES AND ILLEGALITY

         11.1     TAXES. (a) Any and all payments by Borrower to Lender under
this Loan Agreement shall be made free and clear of, and without deduction or
withholding for, any and all present or future taxes, levies, imposts,
deductions, charges or withholdings, and all liabilities with respect thereto,
excluding, in the case of Lender, such taxes (including income taxes or
franchise taxes) as are imposed on or measured by Lender's net income by the
jurisdiction under the laws of which such Lender, as the case may be, is
organized or maintains a lending office or any political subdivision thereof
(all such non-excluded taxes, levies, imposts, deductions, charges, withholdings
and liabilities being hereinafter referred to as "Taxes").

         (b)      In addition, Borrower shall pay any present or future stamp or
documentary taxes or any other excise or property taxes, charges or similar
levies which arise from any payment made hereunder or from the execution,
delivery or registration of, or otherwise with respect to, this Loan Agreement
or any other Loan Documents (hereinafter referred to as "Other Taxes").

         (c)      Borrower shall indemnify and hold harmless Lender for the full
amount of Taxes or Other Taxes (including any Taxes or Other Taxes imposed by
any jurisdiction on amounts payable under this Section 11.1) paid by Lender and
any liability (including penalties, interest, additions to tax and expenses)
arising therefrom or with respect thereto, whether or not such Taxes or Other
Taxes were correctly or legally asserted. Payment under this indemnification
shall be made within thirty (30) days from the date Lender makes written demand
therefor.

         (d)      If Borrower shall be required by law to deduct or withhold any
Taxes or Other Taxes from or in respect of any sum payable hereunder to Lender,
then:

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<PAGE>   73

                  (i)      the sum payable shall be increased as necessary so
         that after making all required deductions (including deductions
         applicable to additional sums payable under this Section 10.1) Lender
         receives an amount equal to the sum it would have received had no such
         deductions been made;

                  (ii)     Borrower shall make such deductions; and

                  (iii)    Borrower shall pay the full amount deducted to the
         relevant taxation authority or other authority in accordance with
         applicable law.

         (e)      Within thirty (30) days after the date of any payment by
Borrower of Taxes or Other Taxes, Borrower shall furnish to Lender the original
or a certified copy of a receipt evidencing payment thereof or other evidence of
payment satisfactory to Lender.

         (f)      If Borrower is required to pay additional amounts to Lender
pursuant to subsection 11.1(d), then Lender shall use its reasonable best
efforts (consistent with legal and regulatory restrictions) to change the
jurisdiction of its lending office so as to eliminate any such additional
payment by Borrower which may thereafter accrue if such change in the judgment
of Lender is not otherwise disadvantageous to Lender.

         11.2     INTENTIONALLY OMITTED.

         11.3     INCREASED COSTS AND REDUCTION OF RETURN. If Lender shall have
determined that:

                  (a)      the introduction of any Capital Adequacy Regulation;

                  (b)      any change in any Capital Adequacy Regulation;

                  (c)      any change in the interpretation or administration of
         any Capital Adequacy Regulation by any central bank or other
         Governmental Body charged with the interpretation or administration
         thereof; or

                  (d)      compliance by Lender (or its lending office) or any
         corporation controlling Lender, with any Capital Adequacy Regulation;

affects the amount of capital required or expected to be maintained by Lender or
any corporation controlling Lender and (taking into consideration Lender's or
such corporation's policies with respect to capital adequacy and Lender's
desired return on capital) determines that the amount of such capital is
increased as a consequence of its Commitment(s), loans, credits or obligations
under this Loan Agreement, then, within thirty (30) days of demand of Lender,
Borrower shall upon demand pay to Lender, from time to time as specified by
Lender, additional amounts sufficient to compensate Lender for such increase.

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<PAGE>   74
         11.4     FUNDING LOSSES. Borrower agrees to reimburse Lender and to
hold Lender harmless from any loss or expense which Lender may sustain or incur
as a consequence of:

                  (a)      the failure of Borrower to borrow the Term Loan; or

                  (b)      the failure of Borrower to make any prepayment after
         Borrower has given a notice in accordance with Section 2.8.1.

         11.5     CERTIFICATES OF LENDER. If Lender claims reimbursement or
compensation pursuant to this Article XI, Lender shall deliver to Borrower a
certificate setting forth in reasonable detail the amount payable to Lender
hereunder and such certificate shall be conclusive and binding on Borrower in
the absence of manifest error.

         11.6     SURVIVAL. The agreements and obligations of Borrower in this
Article XI shall survive the payment of all other Borrower's Obligations.

                                   ARTICLE XII

                                  MISCELLANEOUS

         12.1     NOTICES. All notices and communications under this Loan
Agreement shall be in writing and shall be (i) delivered in person, (ii) sent by
telecopy, or (iii) mailed, postage prepaid, either by registered or certified
mail, return receipt requested, or by overnight express carrier, addressed in
each case as follows:

         To Borrower:            c/o PracticeWorks, Inc.
                                 1765 The Exchange
                                 Suite 400
                                 Atlanta, Georgia  30339
                                 Attention:        Richard Perlman
                                 Telecopy No.: (770) 857-1300

         Copy to:                Morris, Manning & Martin, L.L.P.
                                 1600 Atlanta Financial Center
                                 3343 Peachtree Road, N.E.
                                 Atlanta, Georgia  30326-1044
                                 Attention:        Richard L. Haury, Jr., Esq.
                                 Telecopy No.: (404) 365-9532

         To FINOVA:              FINOVA Capital Corporation
                                 311 South Wacker Drive
                                 Suite 4400

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<PAGE>   75
                                 Chicago, Illinois  60606
                                 Attention:        Portfolio Manager
                                 Telecopy No.: (312) 322-3527

         Copy to:                FINOVA Capital Corporation
                                 1850 N. Central Avenue
                                 Phoenix, Arizona  85077
                                 Attention:        Vice President, Law
                                 Telecopy No.: (602) 207-5036

         Copy to:                Katten Muchin  Zavis
                                 525 West Monroe Street, Suite 1600
                                 Chicago, Illinois  60661
                                 Attention:        Michael A. Jacobson, Esq.
                                 Telecopy No.: (312) 902-1061

or to any other address or telecopy number, as to any of the parties hereto, as
such party shall designate in a written notice to the other parties hereto. All
notices sent pursuant to the terms of this Section 12.1 shall be deemed received
(i) if personally delivered, then on the Business Day of delivery, (ii) if sent
by telecopy before 2:00 p.m. Phoenix time, on the day sent if a Business Day or
if such day is not a Business Day or if sent after 2:00 p.m. Phoenix time, then
on the next Business Day, (iii) if sent by overnight, express carrier, on the
next Business Day immediately following the day sent, or (iv) if sent by
registered or certified mail, on the earlier of the fifth (5th) Business Day
following the day sent or when actually received. Any notice by telecopy shall
be followed by delivery on the next Business Day by overnight, express carrier
or by hand.

         12.2     SURVIVAL OF LOAN AGREEMENT; INDEMNITIES. All covenants,
agreements, representations and warranties made in this Loan Agreement and in
the certificates delivered pursuant hereto shall survive the making by Lender of
the Term Loan and the execution and delivery to Lender of the Term Note and of
all other Loan Documents, and shall continue in full force and effect so long as
any of Borrower's Obligations remain outstanding, unperformed or unpaid and the
Commitments have not been terminated. Notwithstanding the repayment of all
amounts due under the Loan Documents, the cancellation of the Term Note and the
release and/or cancellation of any and all of the Loan Documents or the
foreclosure of any Liens on the Collateral or the termination of the
Commitments, the obligations of Borrower to indemnify Lender with respect to the
expenses, damages, losses, costs and liabilities described in Section 10.2 shall
survive until all applicable statute of limitations periods with respect to
actions which may be brought against Lender have run.

         12.3     FURTHER ASSURANCE. From time to time, Borrower shall execute
and deliver to Lender such additional documents as Lender reasonably may require
to carry out the purposes of the Loan Documents and to protect rights of Lender
thereunder, including, without limitation, using its best efforts in the event
any Collateral is to be sold to secure the approval by any

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<PAGE>   76
Governmental Body of any application required by such Governmental Body in
connection with such sale, and not take any action inconsistent with such sale
or the purposes of the Loan Documents.

         12.4     TAXES AND FEES. Should any tax (other than taxes based upon
the net income of any Lender), recording or filing fees become payable in
respect of any of the Loan Documents, or any amendment, modification or
supplement thereof, Borrower agrees to pay the same on demand, together with any
interest or penalties thereon attributable to any delay by Borrower in meeting
any Lender demand, and agrees to hold Lender harmless with respect thereto.

         12.5     SEVERABILITY. In the event that any provision of this Loan
Agreement is deemed to be invalid by reason of the operation of any law, or by
reason of the interpretation placed thereon by any court or Governmental Body,
as applicable, this Loan Agreement shall be construed as not containing such
provision and the invalidity of such provision shall not affect the validity of
any other provisions hereof, and any and all other provisions hereof which
otherwise are lawful and valid shall remain in full force and effect.

         12.6     WAIVER. No delay on the part of Lender in exercising any
right, power or privilege hereunder shall operate as a waiver thereof, and no
single or partial exercise of any right, power or privilege hereunder shall
preclude other or further exercise thereof, or be deemed to establish a custom
or course of dealing or performance between the parties hereto, or preclude the
exercise of any other right, power or privilege.

         12.7     MODIFICATION OF LOAN DOCUMENTS. No modification or waiver of
any provision of any of the Loan Documents shall be effective unless the same
shall be in writing and signed by Borrower and Lender, and then such waiver or
consent shall be effective only in the specific instance and for the purpose for
which given. No notice to or demand on Borrower in any case shall entitle
Borrower to any other or further notice or demand in the same, similar or other
circumstances.

         12.8     CAPTIONS. The headings in this Loan Agreement are for purposes
of reference only and shall not limit or otherwise affect the meaning hereof.

         12.9     SUCCESSORS AND ASSIGNS. This Loan Agreement shall be binding
upon and inure to the benefit of and be enforceable by the respective successors
and assigns of the parties hereto.

         12.10    REMEDIES CUMULATIVE. All rights and remedies of the parties
hereto, any other Loan Documents or otherwise, shall be cumulative and
non-exclusive, and may be exercised singularly or concurrently. Lender shall not
be required to prosecute collection, enforcement or other remedies against
Borrower before proceeding against any Subsidiary of Borrower or to enforce or
resort to any security, liens, collateral or other rights of Lender. One or more
successive actions may be brought against Borrower and/or any Subsidiary of
Borrower, either in the same action or in separate actions, as often as Lender
deems advisable, until all of Borrower's Obligations are paid and performed in
full and the Commitments shall have terminated.

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<PAGE>   77
         12.11    ENTIRE AGREEMENT; CONFLICT. This Loan Agreement and the other
Loan Documents executed prior or pursuant hereto constitute the entire agreement
among the parties hereto with respect to the transactions contemplated hereby or
thereby and supersede any prior agreements, whether written or oral, relating to
the subject matter hereof. In the event of a conflict between the terms and
conditions set forth herein and the terms and conditions set forth in any other
Loan Document, the terms and conditions set forth herein shall govern.

         12.12    APPLICABLE LAW. THE LOAN DOCUMENTS SHALL BE CONSTRUED IN
ACCORDANCE WITH AND GOVERNED BY THE LAWS AND DECISIONS OF THE STATE OF ARIZONA.

         12.13    JURISDICTION AND VENUE. BORROWER HEREBY AGREES THAT ALL
ACTIONS OR PROCEEDINGS INITIATED BY BORROWER AND ARISING DIRECTLY OR INDIRECTLY
OUT OF THE LOAN DOCUMENTS SHALL BE LITIGATED IN THE SUPERIOR COURT OF MARICOPA
COUNTY, OR THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF ARIZONA OR, IF
LENDER INITIATES SUCH ACTION, IN ADDITION TO THE FOREGOING COURTS, ANY COURT IN
WHICH LENDER SHALL INITIATE SUCH ACTION, TO THE EXTENT SUCH COURT HAS
JURISDICTION. BORROWER HEREBY EXPRESSLY SUBMITS AND CONSENTS IN ADVANCE TO SUCH
JURISDICTION IN ANY ACTION OR PROCEEDING COMMENCED BY LENDER IN ANY OF SUCH
COURTS IN THE STATE OF ARIZONA. BORROWER WAIVES ANY CLAIM THAT MARICOPA COUNTY,
ARIZONA OR THE DISTRICT OF ARIZONA IS AN INCONVENIENT FORUM OR AN IMPROPER FORUM
BASED ON LACK OF VENUE. THE EXCLUSIVE CHOICE OF FORUM FOR BORROWER SET FORTH IN
THIS SECTION 12.13 SHALL NOT BE DEEMED TO PRECLUDE THE ENFORCEMENT BY OR LENDER
OF ANY JUDGMENT OBTAINED IN ANY OTHER FORUM TO THE EXTENT SUCH FORUM HAS
JURISDICTION OR THE TAKING BY LENDER OF ANY ACTION TO ENFORCE THE SAME IN ANY
OTHER JURISDICTION PERMITTED BY LAW, AND BORROWER HEREBY WAIVES THE RIGHT TO
COLLATERALLY ATTACK ANY SUCH JUDGMENT OR ACTION.

         12.14    WAIVER OF RIGHT TO JURY TRIAL. LENDER AND BORROWER ACKNOWLEDGE
AND AGREE THAT ANY CONTROVERSY WHICH MAY ARISE UNDER ANY OF THE LOAN DOCUMENTS
OR WITH RESPECT TO THE TRANSACTIONS CONTEMPLATED THEREBY WOULD BE BASED UPON
DIFFICULT AND COMPLEX ISSUES AND, THEREFORE, THE PARTIES AGREE THAT ANY LAWSUIT
ARISING OUT OF ANY SUCH CONTROVERSY WILL BE TRIED IN A COURT OF COMPETENT
JURISDICTION BY A JUDGE SITTING WITHOUT A JURY.

                                       70
<PAGE>   78

         12.15    TIME OF ESSENCE. TIME IS OF THE ESSENCE FOR THE PERFORMANCE BY
BORROWER OF THE OBLIGATIONS SET FORTH IN THIS LOAN AGREEMENT AND THE OTHER LOAN
DOCUMENTS.

         12.16    ESTOPPEL CERTIFICATE. Within fifteen (15) days after Lender
requests Borrower to do so, Borrower will execute and deliver to Lender a
statement certifying (i) that this Loan Agreement is in full force and effect
and has not been modified except as described in such statement, (ii) the date
to which interest and principal on the Term Note have been paid, (iii) the
Principal Balance, (iv) whether or not to its knowledge an Incipient Default or
Event of Default has occurred and is continuing, and, if so, specifying in
reasonable detail each such Incipient Default or Event of Default of which they
have knowledge, (v) whether to its knowledge Borrower has any defense, setoff or
counterclaim to the payment of the Term Note in accordance with its terms, and,
if so, specifying each defense, setoff or counterclaim of which they have
knowledge in reasonable detail (including where applicable the amount thereof),
and (vi) as to any other matter reasonably requested by Lender.

         12.17    CONSEQUENTIAL DAMAGES. Neither Lender nor any agent or
attorney of Lender shall be liable to Borrower or any Subsidiary of Borrower for
consequential damages arising from any breach of contract, tort or other wrong
relating to the establishment, administration or collection of the Borrower's
Obligations.

         12.18    COUNTERPARTS. This Loan Agreement may be executed by the
parties hereto in several counterparts and each such counterpart shall be deemed
to be an original, but all such counterparts shall together constitute one and
the same agreement.

         12.19    NO FIDUCIARY RELATIONSHIP. No provision in this Loan Agreement
or in any other Loan Document, and no course of dealing among the parties
hereto, shall be deemed to create any fiduciary duty by Lender to Borrower or
its Subsidiaries.

         12.20    NOTICE OF BREACH BY LENDER. Borrower agrees to give Lender
written notice of (i) any action or inaction by Lender or any agent or attorney
of Lender in connection with the Loan Documents that may be actionable against
Lender or any agent or attorney of Lender or (ii) any defense to the payment of
Borrower's Obligations for any reason, including, but not limited to, commission
of a tort or violation of any contractual duty implied by law.

         12.21    UNWIND AGREEMENT. If for any reason at any time the
Distribution shall fail, shall fail to be consummated or shall be unwound,
terminated, repealed or otherwise not of full force and effect, then the
Borrower agrees, and agrees to cause its Subsidiaries, to (a) take such action
as Lender may require, if any, in its sole and absolute discretion, to unwind or
otherwise amend and modify the transactions contemplated by this Loan Agreement,
the other Loan Documents and/or the Related Transaction Documents and/or
otherwise evidenced by the Existing FINOVA Loan Agreement and (b) execute and
deliver such agreements, documents and instruments, and procure the issuance of
such legal opinions, in each case as Lender may require in its sole and

                                       71
<PAGE>   79
absolute discretion. The Borrowers acknowledges that the agreements and
covenants contained in this Section 12.21 constitute a material inducement to
Lender's agreement to execute and deliver, and consent to the transactions
contemplated by, this Loan Agreement and the other Loan Documents. All costs,
expenses and fees incurred by Lender and its representatives under this Section
12.21 shall be borne solely by the Borrower and shall be due and payable by
Borrower to Lender on demand. The failure of Borrower or any Subsidiary of
Borrower, or any debtor, guarantor, borrower or other obligor under the Existing
FINOVA Loan Agreement, to comply with the terms and conditions of this Section
12.21 shall constitute an immediate Event of Default, without further action or
notice by or on behalf of Lender or any other Person.

                                       72
<PAGE>   80
         IN WITNESS WHEREOF, this Loan Agreement has been executed and delivered
by each of the parties hereto by a duly authorized officer of each such party on
the date first set forth above. This Loan Agreement shall be deemed to have been
delivered and accepted in the State of Arizona.

                              PRACTICEWORKS, INC., a Delaware corporation

                              By:      /s/ Richard E. Perlman
                                 -----------------------------------------
                              Name:    Richard E. Perlman
                                       A duly authorized officer of Borrower

                              FEIN:    52-2259090

                              Wire Transfer Instructions:

                              c/o
                                  ---------------------------------------
                              --------------------, -------
                              Account No.
                                         --------------------------------
                              ABA No.
                                     ------------------------------------

                              FINOVA CAPITAL CORPORATION, a Delaware
                                corporation

                              By:      /s/ Mike Keller
                                 ----------------------------------------
                              Name:  Mike Keller
                                     Vice President<PAGE>   1
                                                                   EXHIBIT 10.23

                                INCENTIVE WARRANT

         THE SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
         UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES
         ACT"), OR ANY OTHER APPLICABLE SECURITIES LAWS AND HAVE BEEN ISSUED IN
         RELIANCE UPON AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE
         SECURITIES ACT AND SUCH OTHER SECURITIES LAWS. NEITHER THIS SECURITY
         NOR ANY INTEREST OR PARTICIPATION HEREIN MAY BE REOFFERED, SOLD,
         ASSIGNED, TRANSFERRED, PLEDGED, ENCUMBERED, HYPOTHECATED OR OTHERWISE
         DISPOSED OF, EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT
         UNDER THE SECURITIES ACT OR PURSUANT TO A TRANSACTION WHICH IS EXEMPT
         FROM, OR NOT SUBJECT TO, SUCH REGISTRATION. THE HOLDER OF THIS
         CERTIFICATE IS THE BENEFICIARY OF CERTAIN OBLIGATIONS OF THE COMPANY
         SET FORTH IN A STOCK PURCHASE AGREEMENT, DATED AS OF MARCH 6, 2001,
         BETWEEN PRACTICEWORKS, INC. AND CRESCENT INTERNATIONAL LTD. A COPY OF
         THE PORTION OF THE AFORESAID AGREEMENT EVIDENCING SUCH OBLIGATIONS MAY
         BE OBTAINED FROM PRACTICEWORKS, INC.'S EXECUTIVE OFFICES.

                                                                          [DATE]

         Warrant to Purchase up to [$3,500,000 divided by Purchase Price of
First Sale] shares of Common Stock of PracticeWorks, Inc. (hereinafter, the
"Incentive Warrant").

         PracticeWorks, Inc., an entity organized and existing under the laws of
the State of Delaware (the "Company"), hereby agrees that Crescent International
Ltd. (the "Investor") or any other Warrant Holder is entitled, on the terms and
conditions set forth below, to purchase from the Company at any time during the
Exercise Period (as defined below) up to [$3,500,000 divided by Purchase Price
of First Sale] fully paid and nonassessable shares of Common Stock, par value
$0.01 per share, of the Company (the "Common Stock"), as the same may be
adjusted from time to time pursuant to Section 6 hereof, at the Exercise Price
(as defined below), as the same may be adjusted pursuant to Section 6 hereof.
The resale of the shares of Common Stock or other securities issuable upon
exercise or exchange of this Incentive Warrant is subject to the provisions of
the Registration Rights Agreement (as defined below).

         Section 1.        Definitions.

                  "Aggregate Exercise Price" shall mean, with respect to any
exercise (in whole or in part) of this Incentive Warrant, the Exercise Price
multiplied by the total number of shares of Common Stock for which this
Incentive Warrant is being exercised.

                  "Agreement" shall mean the Stock Purchase Agreement, dated as
of March 6, 2001, between the Company and the Investor.

                  "Capital Shares" shall mean the Common Stock and any shares of
any other class of common stock whether now or hereafter authorized, having the
right to participate in the distribution of dividends (as and when declared) or
assets (upon liquidation of the Company).
<PAGE>   2

                  "Exercise Date" shall mean, with respect to any exercise (in
whole or in part) of this Incentive Warrant either (i) the date this Incentive
Warrant, the Exercise Notice and the Aggregate Exercise Price are received by
the Company or (ii) the date a copy of the Exercise Notice is sent by facsimile
to the Company, provided that this Incentive Warrant, the original Exercise
Notice, and the Aggregate Exercise Price are received by the Company within five
Trading Days thereafter and provided further that if this Incentive Warrant, the
original Exercise Notice and the Aggregate Exercise Price are not received
within five Trading Days in accordance with clause (ii) above, the Exercise Date
for this clause (ii) shall be the date that the Company receives this Incentive
Warrant, the original Exercise Notice and the Aggregate Exercise Price.

                  "Exercise Notice" shall mean, with respect to any exercise (in
whole or in part) of this Incentive Warrant the exercise form attached hereto as
Exhibit A, duly executed by the Warrant Holder.

                  "Exercise Period" shall mean the period beginning on the date
hereof and continuing until the expiration of the five-year period thereafter;
provided that such period shall be extended one day for each day after the date
hereof, that the Registration Statement covering (i) Commitment Shares purchased
by the Investor, (ii) the Protective Warrant Shares, if any, related to any
Sales and (iii) the Incentive Warrant Shares purchasable through exercise of
this Incentive Warrant, is not effective during the period such Registration
Statement is required to be effective pursuant to the Registration Rights
Agreement.

                  "Exercise Price" as of the date hereof shall mean [150% of
Purchase Price of First Sale] per share of Common Stock, subject to the
adjustments provided for in Section 6 of this Incentive Warrant.

                  "Per Share Warrant Value" shall mean, with respect to any
exercise (in whole or in part) of this Incentive Warrant, the difference
resulting from subtracting the Exercise Price from the Bid Price of one share of
Common Stock on the Trading Day immediately preceding the Exercise Date.

                  "Registration Rights Agreement" shall mean the registration
rights agreement, dated March 6, 2001 between the Company and the Investor.

                  "Warrant Holder" shall mean the Investor or any assignee or
transferee of all or any portion of this Incentive Warrant.

                  Other capitalized terms used but not defined herein shall have
their respective meanings set forth in the Agreement.

         Section 2.        Exercise; Cashless Exercise.

                  (a) Method of Exercise. This Incentive Warrant may be
exercised in whole or in part (but not as to a fractional share of Common
Stock), at any time and from time to time during the Exercise Period, by the
Warrant Holder by (i) the surrender of this Incentive Warrant, the Exercise
Notice and the Aggregate Exercise Price to the Company at the address set forth
in Section 11 hereof or (ii) the delivery by facsimile of an executed and
completed Exercise Notice to the Company and delivery to the Company within five
Trading Days thereafter of this Incentive Warrant, the original Exercise Notice
and the Aggregate Exercise Price.

                                       2
<PAGE>   3

                  (b) Payment of Aggregate Exercise Price. Subject to paragraph
(c) below, payment of the Aggregate Exercise Price shall be made by check or
bank draft payable to the order of the Company or by wire transfer to an account
designated by the Company. If the amount of the payment received by the Company
is less than the Aggregate Exercise Price, the Warrant Holder will be notified
of the deficiency and shall make payment in that amount within five Trading Days
of such notice. In the event the payment exceeds the Aggregate Exercise Price,
the Company will refund the excess to the Warrant Holder within three Trading
Days of both the receipt of such payment and the knowledge of such excess.

                  (c) Cashless Exercise. As an alternative to payment of the
Aggregate Exercise Price in accordance with Section 2(b) above, the Warrant
Holder may elect to effect a cashless exercise by so indicating on the Exercise
Notice and including a calculation of the number of shares of Common Stock to be
issued upon such exercise in accordance with the terms hereof (a "Cashless
Exercise"). In the event of a Cashless Exercise, the Warrant Holder shall
surrender this Incentive Warrant for that number of shares of Common Stock
determined by (i) multiplying the number of Incentive Warrant Shares for which
this Incentive Warrant is being exercised by the Per Share Warrant Value and
(ii) dividing the product by the Bid Price of one share of the Common Stock on
the Trading Day immediately preceding the Exercise Date.

                  (d) Replacement Warrant. In the event that the Incentive
Warrant is not exercised in full, the number of Incentive Warrant Shares shall
be reduced by the number of such Incentive Warrant Shares for which this
Incentive Warrant is exercised, and the Company, at its expense, shall forthwith
issue and deliver to the Warrant Holder a new Incentive Warrant of like tenor in
the name of the Warrant Holder or as the Warrant Holder may request, reflecting
such adjusted number of Incentive Warrant Shares.

         Section 3.        Ten Percent Limitation. At no time may the Warrant
Holder exercise this Incentive Warrant such that the number of Incentive Warrant
Shares to be received pursuant to such exercise aggregated with all other shares
of Common Stock then owned by the Warrant Holder beneficially or deemed
beneficially owned (as such term is defined in Rule 13(d) under the Exchange
Act) by the Warrant Holder and its affiliates would result in the Warrant Holder
and its affiliates owning more than 9.9% of all of such Common Stock as would be
outstanding on such Exercise Date, as determined in accordance with Section
13(d) of the Exchange Act and the rules and regulations promulgated thereunder.

         Section 4.        Delivery of Stock Certificates.

                  (a) Subject to the terms and conditions of this Incentive
Warrant, as soon as practicable after the exercise of this Incentive Warrant in
full or in part, and in any event within five Trading Days thereafter, the
Company at its expense (including, without limitation, the payment by it of any
applicable issue taxes) will cause to be issued in the name of and delivered to
the Warrant Holder, or as the Warrant Holder lawfully may direct, a certificate
or certificates for the number of validly issued, fully paid and non-assessable
Incentive Warrant Shares to which the Warrant Holder shall be entitled on such
exercise, together with any other stock or other securities or property
(including cash, where applicable) to which the Warrant Holder is entitled upon
such exercise in accordance with the provisions hereof; provided, however, that

                                       3
<PAGE>   4

any such delivery to a location outside of the United States also shall be made
within five Trading Days after the exercise of this Incentive Warrant in full or
in part.

                  (b) This Incentive Warrant may not be exercised as to
fractional shares of Common Stock. In the event that the exercise of this
Incentive Warrant, in full or in part, would result in the right to acquire any
fractional share of Common Stock, then in such event such fractional share shall
be considered a whole share of Common Stock and shall be added to the number of
Incentive Warrant Shares issuable to the Investor upon exercise of this
Incentive Warrant.

         Section 5.        Representations, Warranties and Covenants of the
Company.

                  (a) The Company shall take all necessary action and
proceedings as may be required and permitted by applicable law, rule and
regulation for the legal and valid issuance of this Incentive Warrant and the
Incentive Warrant Shares to the Warrant Holder.

                  (b) At all times during the Exercise Period, the Company shall
take all steps reasonably necessary and within its control to insure that the
Common Stock remains listed or quoted on the Principal Market.

                  (c) The Incentive Warrant Shares, when issued in accordance
with the terms hereof, will be duly authorized and, when paid for or issued in
accordance with the terms hereof, shall be validly issued, fully paid and
non-assessable.

                  (d) The Company has authorized and reserved for issuance to
the Warrant Holder the requisite number of shares of Common Stock to be issued
pursuant to this Incentive Warrant. The Company at all times shall reserve and
keep available, solely for issuance and delivery as Incentive Warrant Shares
hereunder, such shares of Common Stock as from time to time shall be issuable as
Incentive Warrant Shares, and accordingly shall adjust the number of such shares
of Common Stock promptly upon the occurrence of any of the events specified in
Section 6 hereof.

         Section 6.        Adjustment of the Exercise Price. The Exercise Price
and, accordingly, the number of Incentive Warrant Shares issuable upon exercise
of the Incentive Warrant, shall be subject to adjustment from time to time upon
the happening of certain events as follows:

                  (a) Reclassification, Consolidation, Merger; Mandatory Share
Exchange; Sale Transfer or Lease of Assets. If the Company, at any time while
this Incentive Warrant is unexpired and not exercised in full, (i) reclassifies
or changes its Outstanding Capital Shares (other than a change in par value, or
from par value to no par value per share, or from no par value per share to par
value or as a result of a subdivision or combination of outstanding securities
issuable upon exercise of this Incentive Warrant) or (ii) consolidates, merges
or effects a mandatory share exchange (x) with or into another corporation
(other than a merger or mandatory share exchange with another corporation in
which the Company is a continuing corporation and that does not result in any
reclassification or change, other than a change in par value, or from par value
to no par value per share, or from no par value per share to par value, or (y)
as a result of a subdivision or combination of Outstanding Capital Shares
issuable upon exercise of this Incentive Warrant) or (iii) sells, transfers or
leases all or substantially all of its assets, then in any such event the
Company, or such successor or purchasing corporation, as the

                                       4
<PAGE>   5

case may be, shall, without payment by the Warrant Holder of any additional
consideration therefor, amend this Incentive Warrant or issue a new warrant
providing that the Warrant Holder shall have rights not less favorable to the
Warrant Holder than those then applicable to this Incentive Warrant and to
receive upon exercise under such amendment of this Incentive Warrant or new
warrant, in lieu of each share of Common Stock theretofore issuable upon
exercise of this Incentive Warrant hereunder, the kind and amount of shares of
stock, other securities, money or property receivable upon such
reclassification, change, consolidation, merger, mandatory share exchange,
lease, sale or transfer by the holder of one share of Common Stock issuable upon
exercise of this Incentive Warrant had this Incentive Warrant been exercised
immediately prior to such reclassification, change, consolidation, merger,
mandatory share exchange or sale or transfer (without giving effect to the
limitation on ownership set forth in Section 3 hereof), and an appropriate
provision for the foregoing shall be made by the Company as part of any such
event. Such amended Incentive Warrant or new warrant shall provide for
adjustments that shall be as nearly equivalent as may be practicable to the
adjustments provided for in this Section 6. The provisions of this Section 6(a)
shall similarly apply to successive reclassifications, changes, consolidations,
mergers, mandatory share exchanges, sales, transfers and leases.

                  (b) Subdivision or Combination of Shares; Stock Dividends. If
the Company, at any time while this Incentive Warrant is unexpired and not
exercised in full, shall subdivide its Common Stock, combine its Common Stock
pay a dividend in its Capital Shares, or make any other distribution of its
Capital Shares, then the Exercise Price shall be adjusted, as of the date the
Company shall take a record of the holders of its Capital Shares for the purpose
of effecting such subdivision, combination or dividend or other distribution (or
if no such record is taken, as of the effective date of such subdivision,
combination, dividend or other distribution), to that price determined by
multiplying the Exercise Price in effect immediately prior to such subdivision,
combination, dividend or other distribution by a fraction:

                           (i)      the numerator of which shall be the total
number of Outstanding Capital Shares immediately prior to such subdivision,
combination, dividend or other distribution, and

                           (ii)     the denominator of which shall be the total
number of Outstanding Capital Shares immediately after such subdivision,
combination, dividend or other distribution. The provisions of this Section 6(b)
shall not apply under any of the circumstances for which an adjustment is made
pursuant to Section 6(a).

                  (c) Liquidating Dividends, Etc. If the Company, at any time
while this Incentive Warrant is unexpired and not exercised in full, makes a
distribution of its assets or evidences of indebtedness to the holders of its
Capital Shares as a dividend in liquidation or by way of return of capital or
other than as a dividend payable out of earnings or surplus legally available
for dividends under applicable law or any distribution to such holders made in
respect of the sale of all or substantially all of the Company's assets, or any
spin-off of any of the Company's lines of business, divisions or subsidiaries
(other than under the circumstances provided for in the foregoing subsections
(a) and (b)), then the Warrant Holder shall be entitled to receive upon such
exercise of the Incentive Warrant in addition to the Incentive Warrant Shares
receivable in connection therewith, and without payment of any consideration
other than the Exercise Price, an amount in cash equal to the value of such
distribution per Capital Share multiplied by the number

                                       5
<PAGE>   6

of Incentive Warrant Shares that, on the record date for such distribution, are
issuable upon such exercise of the Incentive Warrant (without giving effect to
the limitation on ownership set forth in Section 3 hereof), and an appropriate
provision therefor shall be made by the Company as part of any such
distribution. No further adjustment shall be made following any event that
causes a subsequent adjustment in the number of Incentive Warrant Shares
issuable. The value of a distribution that is paid in other than cash shall be
determined in good faith by the Board of Directors of the Company.

                  (d) Adjustment of Number of Shares. Upon each adjustment of
the Exercise Price pursuant to any provisions of this Section 6, the number of
Incentive Warrant Shares issuable hereunder at the option of the Warrant Holder
shall be calculated, to the nearest one hundredth of a whole share, multiplying
the number of Incentive Warrant Shares issuable prior to an adjustment by a
fraction:

                           (i)      the numerator of which shall be the Exercise
Price before any adjustment pursuant to this Section 6; and

                           (ii)     the denominator of which shall be the
Exercise Price after such adjustment.

                  (e) Other Action Affecting Capital Shares. In the event after
the date hereof the Company shall take any action affecting the number of
Outstanding Capital Shares, other than an action specifically described in any
of the foregoing subsections (a) through (c) hereof, inclusive (including,
without limitation, a subdivision or combination of Common Stock, or the payment
of a dividend in its Capital Shares or any other distribution), that in the
reasonable opinion of the Warrant Holder would have a materially adverse effect
upon the rights of the Warrant Holder at the time of exercise of the Incentive
Warrant, the Exercise Price shall be adjusted in such manner and at such time as
the Board of Directors on the advice of the Company's independent public
accountants shall in good faith determine to be equitable in the circumstances.

                  (f) Notice of Certain Actions. In the event the Company shall,
at a time while the Incentive Warrant is unexpired and outstanding, take any
action pursuant to subsections (a) through (e) of this Section 6 that may result
in an adjustment of the Exercise Price, the Company shall notify the Warrant
Holder of such action 10 days in advance of its effective date in order to
afford to the Warrant Holder an opportunity to exercise the Incentive Warrant
prior to such action becoming effective.

                  (g) Notice of Adjustments. Whenever the Exercise Price or
number of Incentive Warrant Shares shall be adjusted pursuant to Section 6
hereof, the Company shall promptly deliver by facsimile, with the original
delivered by express courier service in accordance with Section 11 hereof, a
certificate, which shall be signed by the Company's President or a Vice
President and by its Treasurer or Assistant Treasurer or its Secretary or
Assistant Secretary, setting forth in reasonable detail the event requiring the
adjustment, the amount of the adjustment, the method by which such adjustment
was calculated (including a description of the basis on which the Company's
Board of Directors made any determination hereunder), and the Exercise Price and
number of Incentive Warrant Shares purchasable at that Exercise Price after
giving effect to such adjustment.

                                       6
<PAGE>   7

         Section 7.        No Impairment. The Company will not, by amendment of
its Certificate or By-Laws or through any reorganization, transfer of assets,
consolidation, merger, dissolution, issue or sale of securities or any other
voluntary action, avoid or seek to avoid the observance or performance of any of
the terms of this Incentive Warrant, but will at all times in good faith assist
in the carrying out of all such terms and in the taking of all such action as
may be necessary or appropriate in order to protect the rights of the Warrant
Holder against impairment. Without limiting the generality of the foregoing, the
Company (a) will not increase the par value of any Incentive Warrant Shares
above the amount payable therefor on such exercise, and (b) will take all such
action as may be reasonably necessary or appropriate in order that the Company
may validly and legally issue fully paid and nonassessable Incentive Warrant
Shares on the exercise of this Incentive Warrant.

         Section 8.        Rights As Stockholder. Prior to exercise of this
Incentive Warrant and except as provided in Section 6 hereof, the Warrant Holder
shall not be entitled to any rights as a stockholder of the Company with respect
to the Incentive Warrant Shares, including (without limitation) the right to
vote such shares, receive dividends or other distributions thereon or be
notified of stockholder meetings. However, in the event of any taking by the
Company of a record of the holders of any class of securities for the purpose of
determining the holders thereof who are entitled to receive any dividend (other
than a cash dividend) or other distribution, any right to subscribe for,
purchase or otherwise acquire any shares of stock of any class or any other
securities or property, or to receive any other right, the Company shall mail to
each Warrant Holder, at least ten days prior to the date specified therein, a
notice specifying the date on which any such record is to be taken for the
purpose of such dividend, distribution or right, and the amount and character of
such dividend, distribution or right.

         Section 9.        Replacement of Incentive Warrant. Upon receipt of
evidence reasonably satisfactory to the Company of the loss, theft, destruction
or mutilation of the Incentive Warrant and, in the case of any such loss, theft
or destruction of the Incentive Warrant, upon delivery of an indemnity agreement
or security reasonably satisfactory in form and amount to the Company or, in the
case of any such mutilation, on surrender and cancellation of such Incentive
Warrant, the Company at its expense will execute and deliver, in lieu thereof, a
new Incentive Warrant of like tenor.

         Section 10.       Restricted Securities.

                  (a) Registration or Exemption Required. This Incentive Warrant
has been issued in a transaction exempt from the registration requirements of
the Securities Act in reliance upon Section 4(2) of the Securities Act. This
Incentive Warrant and the Incentive Warrant Shares issuable upon exercise of
this Incentive Warrant may not be resold except pursuant to an effective
registration statement or an exemption to the registration requirements of the
Securities Act and applicable state laws.

                  (b) Legend. Any replacement Incentive Warrants issued pursuant
to Section 2 hereof and any Incentive Warrant Shares issued upon exercise
hereof, shall bear the following legend:

                                       7
<PAGE>   8

                  "THE SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN
                  REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED
                  (THE "SECURITIES ACT"), OR ANY OTHER APPLICABLE SECURITIES
                  LAWS AND HAVE BEEN ISSUED IN RELIANCE UPON AN EXEMPTION FROM
                  THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND SUCH
                  OTHER SECURITIES LAWS. NEITHER THIS SECURITY NOR ANY INTEREST
                  OR PARTICIPATION HEREIN MAY BE REOFFERED, SOLD, ASSIGNED,
                  TRANSFERRED, PLEDGED, ENCUMBERED, HYPOTHECATED OR OTHERWISE
                  DISPOSED OF, EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION
                  STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO A
                  TRANSACTION WHICH IS EXEMPT FROM, OR NOT SUBJECT TO, SUCH
                  REGISTRATION. THE HOLDER OF THIS CERTIFICATE IS THE
                  BENEFICIARY OF CERTAIN OBLIGATIONS OF THE COMPANY SET FORTH IN
                  A STOCK PURCHASE AGREEMENT, DATED AS OF MARCH 6, 2001, BETWEEN
                  PRACTICEWORKS, INC. AND CRESCENT INTERNATIONAL LTD. A COPY OF
                  THE PORTION OF THE AFORESAID AGREEMENT EVIDENCING SUCH
                  OBLIGATIONS MAY BE OBTAINED FROM THE PRACTICEWORKS, INC.'S
                  EXECUTIVE OFFICES."

     Removal of such legend shall be in accordance with the legend removal
provisions in the Agreement.

                  (c) No Other Legend or Stock Transfer Restrictions. No legend
other than the one specified in paragraph (b) of this Section 10 has been or
shall be placed on the share certificates representing the Incentive Warrant
Shares and no instructions or "stop transfer orders," so called, "stock transfer
restrictions" or other restrictions have been or shall be given to the Company's
transfer agent with respect thereto other than as expressly set forth in this
Section 10.

                  (d) Assignment. Assuming the conditions of Section 10(a) above
regarding registration or exemption have been satisfied, the Warrant Holder may
sell, transfer, assign, pledge or otherwise dispose of this Incentive Warrant,
in whole or in part. The Warrant Holder shall deliver a written notice to the
Company substantially in the form of the assignment form attached hereto as
Exhibit B (the "Assignment Notice") indicating the person or persons to whom
this Incentive Warrant shall be assigned and the respective number of warrants
to be assigned to each assignee. The Company shall effect the assignment within
ten days of receipt of such Assignment Notice, and shall deliver to the
assignee(s) designated by the Warrant Holder a Incentive Warrant or Incentive
Warrants of like tenor and terms for the specified number of shares.

                  (e) Investor's Compliance. Nothing in this Section 10 shall
affect in any way the Investor's obligations under any agreement to comply with
all applicable securities laws upon resale of the Common Stock.

                                       8
<PAGE>   9

         Section 11.       Notices. All notices, demands, requests, consents,
approvals, and other communications required or permitted hereunder shall be in
writing and shall be deemed duly given (i) upon delivery if hand delivered at
the address designated below (if delivered on a business day during normal
business hours where such notice is to be received), or the first business day
following such delivery (if delivered other than on a business day during normal
business hours where such notice is to be received), (ii) on the fifth business
day after deposit into the mail, if deposited in the mail, registered or
certified, return receipt requested, postage prepaid, addressed to the address
designated below, (iii) upon delivery if delivered by reputable express courier
service to the address designated below, or (iv) upon confirmation of
transmission if transmitted by facsimile to the facsimile number designated
below (if delivered on a business day during normal business hours where such
notice is to be received), or the first business day following such delivery (if
delivered other than on a business day during normal business hours where such
notice is to be received). The addresses and facsimile numbers for such
communications shall be:

         if to the Company:

                           PracticeWorks, Inc.
                           1765 The Exchange, Suite 300
                           Atlanta, GA 30339
                           Attention:  Richard E. Perlman
                           Telephone:  (770) 850-5006
                           Facsimile:  (770) 857-1300

         with a copy (which shall not constitute notice) to:

                           King & Spalding
                           191 Peachtree Street
                           Atlanta, GA 30303
                           Attention:  John J. Kelley III
                           Telephone:  (404) 572-4600
                           Facsimile:  (404) 572-5100

         if to the Investor:

                           Crescent International Ltd.
                           c/o GreenLight (Switzerland) SA
                           84, av Louis-Casai
                           P.O. Box 42
                           1216 Geneva, Cointrin
                           Switzerland
                           Attention:  Mel Craw/Maxi Brezzi
                           Telephone:  +41 22 791 71 69
                           Facsimile:  +41 22 929 53 94
         with a copy (which shall not constitute notice) to:

                       Clifford Chance Rogers & Wells LLP
                       200 Park Avenue

                                       9
<PAGE>   10

                       New York, NY  10166
                       Attention:  Sara P. Hanks, Esq./Earl S. Zimmerman, Esq.
                       Telephone:  (212) 878-8000
                       Facsimile:  (212) 878-8375

     Either party hereto may from time to time change its address or facsimile
     number for notices under this Section 11 by giving at least ten (10) days'
     prior written notice of such changed address or facsimile number to the
     other party hereto.

         Section 12.       Miscellaneous. This Incentive Warrant and any term
hereof may be changed, waived, discharged or terminated only by an instrument in
writing signed by the party against which enforcement of such change, waiver,
discharge or termination is sought. The headings in this Incentive Warrant are
for purposes of reference only, and shall not limit or otherwise affect any of
the terms hereof. The invalidity or unenforceability of any provision hereof
shall in no way affect the validity or enforceability of any other provision.

                                       10
<PAGE>   11

                  IN WITNESS WHEREOF, this Incentive Warrant was duly executed
by the undersigned, thereunto duly authorized, as of the date first set forth
above.

PRACTICEWORKS, INC.

By:
   -----------------------------------------------
   Name:
   Title:

Attested:

By:
   -----------------------------------------------
   Name:
   Title:  Secretary

<PAGE>   12

                       EXHIBIT A TO THE INCENTIVE WARRANT

                                  EXERCISE FORM

                               PRACTICEWORKS, INC.

         The undersigned (the "Registered Holder") hereby irrevocably exercises
the right to purchase __________________ shares of Common Stock of
PracticeWorks, Inc., an entity organized and existing under the laws of the
State of Delaware (the "Company"), evidenced by the attached Incentive Warrant,
and herewith makes payment of the Exercise Price with respect to such shares in
full in the form of (check the appropriate box) (i) Ycash or certified check in
the amount of $________; (ii) Ywire transfer to the Company's account at
__________________, _________, _________ (Account No.:_________); or (iii)
Y ______ Incentive Warrant Shares, which represent the amount of Incentive
Warrant Shares as provided in the attached Incentive Warrant to be canceled in
connection with such exercise, all in accordance with the conditions and
provisions of said Incentive Warrant.

         The undersigned requests that stock certificates for such Incentive
Warrant Shares be issued, and an Incentive Warrant representing any unexercised
portion hereof be issued, pursuant to this Incentive Warrant in the name of the
Registered Holder and delivered to the undersigned at the address set forth
below.

Dated:
      -------------------------------------------

-------------------------------------------------
Signature of Registered Holder

-------------------------------------------------
Name of Registered Holder (Print)

-------------------------------------------------
Address
<PAGE>   13

                                     NOTICE

         The signature to the foregoing Exercise Form must correspond to the
name as written upon the face of the attached Incentive Warrant in every
particular, without alteration or enlargement or any change whatsoever.
<PAGE>   14

                       EXHIBIT B TO THE INCENTIVE WARRANT

                                   ASSIGNMENT

         (To be executed by the registered Warrant Holder (the "Registered
Holder") desiring to transfer the Incentive Warrant, in whole or in part.)

         FOR VALUED RECEIVED, the undersigned Warrant Holder of the attached
Incentive Warrant hereby sells, assigns or transfers unto the person(s) named
below (the "Assignee") the right to purchase ______________ shares of the Common
Stock of PracticeWorks, Inc. evidenced by the attached Incentive Warrant and
does hereby irrevocably constitute and appoint ______________________ (attorney)
to transfer the number of shares specified of the said Incentive Warrant on the
books of the Company, with full power of substitution in the premises.

         The undersigned requests that such Incentive Warrant be issued, and an
Incentive Warrant representing any unsold, unassigned or non-transferred portion
hereof be issued, pursuant to this Incentive Warrant in the name of the
Registered Holder and delivered to the undersigned at the address set forth
below.

Dated:
      -------------------------------------------

-------------------------------------------------
Signature of Registered Holder

-------------------------------------------------
Name of Registered Holder (Print)

-------------------------------------------------
Address of Registered Holder

-------------------------------------------------
Name of Assignee (Print)

-------------------------------------------------
Address of Assignee (including zip code number)
<PAGE>   15

Fill in for new Registration of Incentive Warrant:

-------------------------------------------------
Name

-------------------------------------------------
Address

-------------------------------------------------
Please print name and address of assignee
        (including zip code number)
<PAGE>   16

                                     NOTICE

         The signature to the foregoing Assignment must correspond to the name
as written upon the face of the attached Incentive Warrant in every particular,
without alteration or enlargement or any change whatsoever.

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