Document:

<PAGE>
                                                                   Exhibit 10.52

May 26, 2003

Luis Wood

Dear Luis,

RE:      EMPLOYEE SHARE INCENTIVE PLAN AND EMPLOYEE SHARE OPTION PLAN

In accordance with the Employee Share Incentive Plan ("the Preference Share
Plan"), you are hereby advised that the Grant Date is June 4, 2003 for benefits
you have accrued during the year ended 31 December 2002.

Accordingly you are granted 146 Preference Shares in the Company. You have the
option to purchase an equal number of Preference Shares at a price of CI$7.46
each, which has been calculated in accordance to the terms of the Preference
Share Plan. If you intend to exercise this option, then payment must be received
in full no later than the close of business on July 4, 2003.

As a member of the Employee Share Option Plan ("the Option Plan"), you will also
be granted, as of June 30, 2003, the option to purchase 730 Ordinary Shares in
the Company. These options are exercisable in accordance to the terms of the
Option Plan. You furthermore have the opportunity to obtain an equal amount of
options to purchase Ordinary Shares of the Company, in accordance to the terms
of the Option Plan, if you exercise your right to purchase the above additional
Preference Shares before June 30, 2003.

Your continued dedication and hard work have contributed to another successful
year for Consolidated Water, and I look forward to a very bright future.

Yours sincerely,

/s/ Frederick McTaggart
Frederick W. McTaggart
President and COO<PAGE>
                                                                   Exhibit 10.53

May 26, 2003

Maggie Julier

Dear Maggie,

RE:      EMPLOYEE SHARE INCENTIVE PLAN AND EMPLOYEE SHARE OPTION PLAN

In accordance with the Employee Share Incentive Plan ("the Preference Share
Plan"), you are hereby advised that the Grant Date is June 4, 2003 for benefits
you have accrued during the year ended 31 December 2002.

Accordingly you are granted 279 Preference Shares in the Company. You have the
option to purchase an equal number of Preference Shares at a price of CI$7.46
each, which has been calculated in accordance to the terms of the Preference
Share Plan. If you intend to exercise this option, then payment must be received
in full no later than the close of business on July 4, 2003.

As a member of the Employee Share Option Plan ("the Option Plan"), you will also
be granted, as of June 30, 2003, the option to purchase 1,395 Ordinary Shares in
the Company. These options are exercisable in accordance to the terms of the
Option Plan. You furthermore have the opportunity to obtain an equal amount of
options to purchase Ordinary Shares of the Company, in accordance to the terms
of the Option Plan, if you exercise your right to purchase the above additional
Preference Shares before June 30, 2003.

Your continued dedication and hard work have contributed to another successful
year for Consolidated Water, and I look forward to a very bright future.

Yours sincerely,

/s/ Frederick McTaggart

Frederick W. McTaggart
President and COO<PAGE>

[USBANCORP LOGO]                                                  EXHIBIT 10.117

OLIVER-ALLEN
TECHNOLOGY LEASING

                                                                 PROMISSORY NOTE

                                 INTERLAND, INC.
                       303 PEACHTREE CENTER AVE., STE. 500
                                ATLANTA, GA 30303
                                Fax: 404.720.3708

$4,780,475.38               EFFECTIVE DATE:  2-1-2004          SCHEDULE NUMBER-

1. This Promissory Note (also known as "Note" or "Schedule") is made between
INTERLAND, INC. (FORMERLY KNOWN AS MICRON ELECTRONICS, INC.) ("Debtor"), and
U.S. BANCORP OLIVER-ALLEN TECHNOLOGY LEASING (which, together with its
successors and assigns, shall be called the "Creditor"). This Note is secured by
an assignment of and security interest in certain Collateral, as defined in a
Pledge Agreement ("Pledge Agreement") executed July 23, 2001, between Debtor and
Creditor, which Pledge Agreement is incorporated by reference herein.
Capitalized terms used in this Note which are not otherwise defined herein shall
have the meanings given in the Pledge Agreement.

2. For value received, Debtor hereby promises to pay to the order of Creditor
the principal amount of Four Million Seven Hundred Eighty Thousand Four Hundred
Seventy Five and 38/100 Dollars $4,780,475.38 with interest on any outstanding
principal balance at the rate(s) specified herein from the Effective Date hereof
until this Schedule shall have been paid in full in accordance with the
following payment schedule: Sixty (60) installments in the amount of $93,570.43
each including the entire amount of interest accrued on this Schedule at the
time of payment of each installment. The first payment shall be due February 01,
2004 and a like payment shall be due on the same day of each succeeding month
thereafter until the entire principal and interest have been paid. At the time
of the final installment hereon, all unpaid principal and interest shall be due
and owing. As a result, such final installment may be substantially more or
substantially less than the installments specified herein.

3. Debtor promises to pay interest on the principal balance outstanding at a
rate of 6.75 percent per annum.

4. Interest shall be calculated on the basis of a 360-day year. In no event
shall this Note be enforced in any way which permits Creditor to collect
interest in excess of the maximum lawful rate. Should interest collected exceed
such rate, Creditor shall refund such excess interest to the Debtor. In such
event, the Debtor agrees that Creditor shall not be subject to any penalties
provided by law for contracting for or collecting interest in excess of the
maximum lawful rate.

5. EARLY TERMINATION. a. As long as no event of default has occurred hereunder,
Debtor shall have the option to prepay the obligations hereunder in whole, but
not in part, by paying to the Creditor the sum (such sum being referred to
herein as the "Prepayment Amount") of: (i) all applicable taxes, and (ii) for a
prepayment which occurs during months 1 through 18, an amount equal to the
present value of the remaining payments at a discount rate of 6.75% plus a fee
of 1.5% of the present value, and for a prepayment which occurs during months 19
through 60, an amount equal to the present value of the remaining payments at a
discount rate of 6.75%.

b. Debtor shall give Creditor written notice of Debtor's intention to prepay as
provided herein at least five (5) days prior to the date on which Debtor intends
to prepay (the "Prepayment Date"). On or prior to the Prepayment Date, Debtor
shall present Creditor with cash or a bank, cashier's or certified check for the
Prepayment Amount.

6. All payments on this Note shall be made in lawful money of the United States
at such address as Creditor may designate to Debtor in writing from time to
time.

7. Any notices or demands required to be given herein shall be given to the
parties in writing by facsimile transmission, or by overnight courier or United
States mail (first class, express, certified or otherwise) at the addresses set
forth herein or to such other addresses as the parties may hereafter substitute
by written notice. Notice may be given either before or reasonably soon after
the effective date of each change.

8. COLLATERAL. The starting balance of the Collateral in the investment account
shall be $5,020,000.00. As long as there is no Event of Default, the amount in
the account will be allowed to decline on a quarterly basis, provided that a
minimum balance is maintained equal to 105% of the amount which would be
calculated for the Prepayment Amount for the month in which the reduction is to
occur.

<PAGE>

10. DEFAULT AND REMEDIES. Each of the following shall be an Event of Default
hereunder: (i) failure on the part of Debtor to promptly perform in complete
accordance with its covenants made in the Pledge Agreement or this Note or in
any other agreement with Creditor, including, but not limited to, the payment of
any liability, with interest, when due, or default by Debtor under the
provisions of any other material agreement to which Debtor is party; (ii) the
death of Debtor if an individual or the dissolution of Debtor if a business
organization; (iii) the filing of any petition or complaint under the federal
Bankruptcy Code or other federal or state acts of similar nature, by or against
Debtor; or an assignment for the benefit of creditors by Debtor; (iv) an
application for or the appointment of a receiver, trustee or conservator,
voluntary or involuntary, by or against Debtor or for any substantial assets of
Debtor; (v) insolvency of Debtor under either federal or state law or applicable
principles of equity; (vi) entry of judgment, issuance of any garnishment or
attachment, or filing of any lien, claim or government attachment against the
Collateral or which, in Creditor's sole discretion, might impair the Collateral;
(vii) the determination by Creditor that a material misrepresentation of fact
has been made by Debtor in this Schedule or in any writing supplementary or
ancillary hereto; (viii) a determination by Creditor that Debtor has suffered a
material adverse change in its financial condition, business or operations from
the date of this Schedule; or (ix) bankruptcy, insolvency, termination, death,
dissolution or default of any guarantor for Debtor.

If any of the obligations hereunder remains overdue for more than ten (10) days,
Debtor hereby agrees to pay on demand, as a late charge, an amount equal to the
lesser of (i) five percent (5%) of each such overdue amount; or (ii) the maximum
percentage of any such overdue amount permitted by applicable law as a late
charge. Debtor agrees that the amount of such late charge represents a
reasonable estimate of the cost to Creditor of processing a delinquent payment
and that the acceptance of any late charge shall not constitute a waiver of
default with respect to the overdue amount or prevent Creditor from exercising
any other available rights and remedies. Upon the happening of any Event of
Default which is not cured within ten (10) days or at any time thereafter, all
liabilities of Debtor shall, at the option of Creditor, become immediately due
and payable and Creditor shall have and may exercise any and all of the rights
and remedies granted in the Pledge Agreement.

9. The waiver by Creditor of any default hereunder or of any provisions hereof
shall not discharge any party hereto from liability hereunder and such waiver
shall be limited to the particular Event of Default and shall not operate as a
waiver of any other or subsequent default. No modification of this Note or
waiver of any right of Creditor hereunder shall be valid unless in writing and
signed by an authorized officer of Creditor. No failure on the part of Creditor
to exercise, or delay in exercising, any right or remedy hereunder shall operate
as a waiver thereof, nor shall any single or partial exercise of any right or
remedy hereunder preclude any other or further exercise thereof or the exercise
of any other right or remedy. The provisions of this Note and the rights and
remedies granted to Creditor herein shall be in addition to, and not in
limitation of those of any other agreement with Creditor or any other evidence
of any liability held by Creditor or under any applicable law or in equity. The
Pledge Agreement and this Note embody the entire agreement between the parties
and supersede all prior agreements and understandings relating to the same
subject matter. The rights and liabilities of the parties under this Note shall
be governed by the laws of the state of California, and venue shall be in Marin
County, California.

10. Each of the Debtor, if more than one, and all other parties who at any time
may be liable hereon in any capacity, hereby jointly and severally waive
diligence, demand, presentment, presentment for payment, protest, notice of
protest and notice of dishonor of this Note, and authorize the Creditor, without
notice, to grant extensions in the time of payment of and reductions in the rate
of interest on any monies owing on this Note. It is hereby stipulated that all
acts, conditions and things necessary to be done precedent to and in the
issuance of this Note, in order to make it a legal, valid and binding obligation
of the Debtor, have happened and have been done and performed in regular and due
form as required by law.

11. The Debtor hereby appoints Creditor as its Attorney-in-Fact to insert in
this Note the Effective Date in accordance with instructions executed by Debtor
in connection herewith.

IN WITNESS WHEREOF, the Debtor has executed this Note as of this ________ day of
_________ , 2004.

                                 INTERLAND, INC.

                                 By: ___________________________________________
                                     ALLEN SHULMAN
                                     SENIOR VP/CHIEF FINANCIAL OFFICER/EXECUTIVE
                                     COUNSEL

                      ADDRESS FOR ALL NOTICES TO CREDITOR:
                              801 LARKSPUR LANDING
                               LARKSPUR, CA 94939
                               FAX : 415.461.4675

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00064-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00064-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00064-of-00352.parquet"}]]