Document:

<PAGE>
                                                                   EXHIBIT 10.60

THIS NOTE AND THE SECURITIES REPRESENTED HEREBY HAVE BEEN ISSUED WITHOUT
REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR UNDER ANY STATE
SECURITIES LAWS, AND MAY NOT BE SOLD, TRANSFERRED OR PLEDGED IN THE ABSENCE OF
AN EFFECTIVE REGISTRATION STATEMENT UNDER APPLICABLE FEDERAL AND STATE
SECURITIES LAWS OR AN OPINION OF COUNSEL SATISFACTORY TO THE BORROWER THAT THE
TRANSFER IS EXEMPT FROM REGISTRATION UNDER APPLICABLE FEDERAL AND STATE
SECURITIES LAWS.

THIS NOTE AND THE OBLIGATIONS OF THE BORROWER (AS DEFINED BELOW) ARISING
HEREUNDER ARE SUBORDINATED IN THE MANNER AND TO THE EXTENT SET FORTH IN THAT
CERTAIN DEBT SUBORDINATION AGREEMENT, DATED THE DATE HEREOF, AMONG BORROWER,
HOLDER (AS DEFINED BELOW) AND STANDARD FEDERAL BANK NATIONAL ASSOCIATION, AND
EACH SUBSEQUENT HOLDER OF THIS NOTE, BY ITS ACCEPTANCE HEREOF, SHALL BE BOUND BY
THE PROVISIONS OF SAID DEBT SUBORDINATION AGREEMENT.

                                 PROMISSORY NOTE

                         COMVEST VENTURE PARTNERS, L.P.

$2,000,000                                                    New York, New York
                                                                  March 15, 2002

                  1. General. FOR VALUE RECEIVED, COMVEST VENTURE PARTNERS,
L.P., a Delaware limited partnership (the "BORROWER"), promises on the date
hereof (the "ISSUANCE DATE") to pay to the order of BANC OF AMERICA COMMERCIAL
FINANCE CORPORATION, the holder hereof, or its order (the "HOLDER"), on March
15, 2007 (the "MATURITY DATE"), the aggregate principal amount of Two Million
Dollars ($2,000,000) or such lesser amount as shall then equal the outstanding
amount hereof. The Borrower also promises to pay interest on the unpaid
principal amount hereof (the "OUTSTANDING PRINCIPAL AMOUNT"), as provided in
this Note. This Note is entered into pursuant to the terms of a Contract for the
Assignment of Note and Other Loan Documents, dated as of February 22, 2002,
between the Borrower and the Holder of this Note (the "CONTRACT FOR
ASSIGNMENT").

                  2. Payments. All payments of principal and interest in respect
of this Note shall be made in lawful money of the United States of America in
same day funds at the principal office of the Holder to which notices are to be
given in accordance with Section 13. Whenever any payment on this Note shall be
stated to be due on a day which is not a Business Day, such payment shall be
made on the next succeeding Business Day and such extension of time shall be
included in the computation of the payment of interest on this Note.

                  3. Interest. Borrower shall pay interest at a rate of six
percent (6%) per annum (the "INTEREST Rate"). Interest shall be computed on the
basis of a 360-day year of twelve 30-day months for the actual number of days
elapsed and shall accrue, beginning upon the date hereof, on the unpaid
principal balance of this Note and will continue to accrue until the Note is
paid in full. Interest only payments shall be due and payable beginning on April
15, 2002 and shall be payable on the first day of each subsequent month until
and including March 15, 2003. Beginning on April 15, 2003, interest payments
together with a principal payment of Twenty-Two thousand Five Hundred Dollars
($22,500) shall be due and payable monthly on the first day of each month (each
such date a "PAYMENT DATE") until and including the Payment Date immediately
preceding the Maturity Date. On the Maturity Date, a balloon payment of the
Outstanding Principal Amount shall be due and payable.

                  4. Prepayment. This Note may be prepaid in whole or in part at
any time without premium or penalty.

<PAGE>

                  5. Late Fees. Any payment made more than ten (10) days after
becoming due and payable shall be subject to a two percent (2%) late fee.

                  6. Obligations Absolute. No provision of this Note shall alter
or impair the obligation of the Borrower, which is absolute and unconditional,
to pay the Outstanding Principal Amount of, and interest on, this Note at the
time, place and rate, and in the manner, herein prescribed.

                  7. Waivers of Demand, Etc. The Borrower hereby expressly
waives demand and presentment for payment, notice of nonpayment, protest, notice
of protest, notice of dishonor, notice of acceleration or intent to accelerate,
bringing of suit and diligence in taking any action to collect amounts called
for hereunder and will be directly and primarily liable for the payment of all
sums owing and to be owing hereon, regardless of and without any notice,
diligence, act or omission as or with respect to the collection of any amount
called for hereunder.

                  8. Defaults. Upon the occurrence of any of the following
events (herein individually referred to as an "EVENT OF DEFAULT"), (a) the
entire balance outstanding hereunder shall, at the option of Holder, become
immediately due and payable and/or (b) to the extent permitted by law, the rate
of interest on the unpaid principal shall be increased at Holder's discretion up
to 10% per annum (the "DEFAULT RATE"). The provisions herein for a Default Rate
shall not be deemed to extend the time for any payment hereunder or to
constitute a "grace period" giving Borrower a right to cure any default. At
Holder's option, any accrued and unpaid interest, fees or charges may, for
purposes of computing and accruing interest on a daily basis after the due date
of this Note, be deemed to be a part of the principal balance, and interest
shall accrue on a daily compounded basis after such date at the Default Rate
provided in this Note until the entire outstanding balance of principal and
interest is paid in full. Additionally, Holder shall have all rights and
remedies available under the Contract for Assignment, as well as all rights and
remedies available at law or in equity:

                  (a) Default in the payment of the principal and unpaid accrued
interest of this Note within five (5) days of becoming due and payable, whether
at maturity or by acceleration or otherwise; or

                  (b) Any other default by the Borrower of the performance of
any of its obligations hereunder, upon ten (10) days notice from Holder to
Borrower; or

                  (c) The Borrower shall make an assignment for the benefit of
creditors, file a petition in bankruptcy, consent to entry of an order for
relief against it in an involuntary case, be adjudicated insolvent or bankrupt,
petition or apply to any tribunal for the appointment of any receiver, trustee
or similar official for it or a substantial part of its assets, or commence any
proceedings under any bankruptcy, reorganization, arrangement, readjustment of
debt, dissolution or liquidation law or statute of any jurisdiction, whether now
or hereafter in effect; there shall occur the appointment of a receiver,
trustee, assignee, liquidator, custodian or similar official of it or a
substantial part of its assets; or there shall have been filed any such petition
or application or any such proceeding shall have been commenced against it,
which remains undismissed for a period of sixty (60) days or more; the Borrower
by any act or omission shall indicate its consent to, approval of or
acquiescence in any such petition, application or proceeding or the appointment
of any trustee for it or any substantial part of any of its properties; or

                  (d) A court of competent jurisdiction shall enter an order or
decree under any bankruptcy law that is for relief against the Borrower in an
involuntary case, appoints a receiver, trustee, assignee, liquidator or similar
official of the Borrower or for any substantial part of its property, or orders
the liquidation of the Borrower; and the order or decree remains unstayed and in
effect for 30 days.

                  (e) Any default by the Borrower (or, if applicable, the
Company) of the performance of any of its obligations under Sections 9 and 10
hereof, upon five (5) days notice from Holder to Borrower.

                  9. Assignment. The rights and obligations of the Borrower and
the Holder of this Note shall be binding upon and benefit the successors,
assigns, heirs, administrators and transferees of the parties. Notwithstanding
the foregoing, this Note and Borrower's obligations hereunder may be assigned at
any time by Borrower to Horizon Medical Products, Inc., a Georgia corporation
(the "COMPANY"), in which event Borrower shall be released from, and the Company
will assume, any and all obligations under or with respect to this Note;

                                      -2-
<PAGE>

provided, that in no event may the indebtedness under this Note be subordinated
to more than $22,000,000 of Senior Indebtedness (as defined below).

                  10. Subordination. This note and the obligations of the
Borrower hereunder are subordinated in the manner and to the extent set forth in
that certain Debt Subordination Agreement, dated the date hereof, among the
Borrower, the Holder and Standard Federal Bank National Association.

                  11. Change of Control. In the event the obligations of the
Borrower hereunder are assigned to the Company pursuant to Section 9 hereunder
and the Company effectuates a sale, lease, or other disposition of all or
substantially all of the Company's assets or the Company merges into or
consolidates with any other corporation or other entity, or effectuates any
other corporate reorganization, in which the holders of the Company's
outstanding voting stock immediately prior to such transaction own, immediately
after such transaction, securities representing less than fifty percent (50%) of
the voting power of the corporation or other entity surviving such transaction,
then this Note shall become immediately due and payable in full; provided that
this Section 11 shall not apply to a merger effected exclusively for the purpose
of changing the domicile of the Company.

                  12. Attorneys' and Collection Fees. Should the indebtedness
evidenced by this Note or any part hereof be collected at law or in equity or in
bankruptcy, receivership or other court proceedings, the Borrower agrees to pay,
in addition to principal and interest due and payable hereon, all costs of
collection, including reasonable attorneys' fees and expenses, incurred by the
Holder in collecting or enforcing this Note.

                  13. Miscellaneous. Whenever the sense of this Note requires,
words in the singular shall be deemed to include the plural and words in the
plural shall be deemed to include the singular. If more than one company is
named herein, the liability of each shall be joint and several. Paragraph
headings are for convenience only and shall not affect the meaning of this
document.

                  14. Amendments. Any provision of this Note may be amended and
the observance of any term may be waived (either generally or in a particular
instance and either retroactively or prospectively) only with the express
written consent of both the Borrower and the Holder. Any amendment or waiver
affected in accordance with this Section 14 shall be binding on each future
Holder and the Borrower.

                  15. Arbitration. EXCEPT AS SET OUT BELOW, ANY CONTROVERSY OR
CLAIM BETWEEN OR AMONG THE PARTIES HERETO INCLUDING BUT NOT LIMITED TO THOSE
ARISING OUT OF OR RELATING TO THIS NOTE OR ANY RELATED DOCUMENTS, INCLUDING ANY
CLAIM BASED ON OR ARISING FROM AN ALLEGED TORT (COLLECTIVELY, "CLAIM"), SHALL BE
DETERMINED BY BINDING ARBITRATION IN ACCORDANCE WITH THE FEDERAL ARBITRATION ACT
(OR IF NOT APPLICABLE, THE APPLICABLE STATE LAW), THE RULES OF PRACTICE AND
PROCEDURE FOR THE ARBITRATION OF COMMERCIAL DISPUTES OF J.A.M.S./ENDISPUTE OR
ANY SUCCESSOR THEREOF ("J.A.M.S."), AND THE "SPECIAL RULES" SET FORTH BELOW. IN
THE EVENT OF ANY INCONSISTENCY, THE SPECIAL RULES SHALL CONTROL. JUDGMENT UPON
ANY ARBITRATION AWARD MAY BE ENTERED IN ANY COURT HAVING JURISDICTION. ANY PARTY
TO THIS DOCUMENT MAY BRING AN ACTION, INCLUDING A SUMMARY OR EXPEDITED
PROCEEDING, TO COMPEL ARBITRATION OF ANY CLAIM IN ANY COURT HAVING JURISDICTION
OVER SUCH ACTION. THE INSTITUTION AND MAINTENANCE OF AN ACTION FOR ANY JUDICIAL
RELIEF SHALL NOT CONSTITUTE A WAIVER OF THE RIGHT OF ANY PARTY, INCLUDING THE
PLAINTIFF, TO SUBMIT THE CLAIM TO ARBITRATION IF ANY OTHER PARTY CONTESTS SUCH
ACTION FOR JUDICIAL RELIEF.

                  (a) Special Rules. ANY ARBITRATION SHALL BE CONDUCTED IN THE
COUNTY OF ANY BORROWER'S DOMICILE AT THE TIME OF THE EXECUTION OF THIS DOCUMENT,
OR IF THERE IS REAL OR TANGIBLE PERSONAL PROPERTY COLLATERAL, IN THE COUNTY
WHERE SUCH REAL OR TANGIBLE PERSONAL PROPERTY IS LOCATED, AND ADMINISTERED BY
J.A.M.S. WHO WILL APPOINT AN ARBITRATOR; IF J.A.M.S. IS UNABLE OR LEGALLY
PRECLUDED FROM ADMINISTERING THE ARBITRATION, THEN THE AMERICAN ARBITRATION
ASSOCIATION WILL SERVE. ALL ARBITRATION HEARINGS WILL BE COMMENCED WITHIN 90
DAYS OF THE DEMAND

                                      -3-
<PAGE>

FOR ARBITRATION; FURTHER, THE ARBITRATOR SHALL ONLY, UPON A SHOWING OF CAUSE, BE
PERMITTED TO EXTEND THE COMMENCEMENT OF SUCH HEARING FOR UP TO AN ADDITIONAL 60
DAYS. ANY DISPUTE CONCERNING THIS ARBITRATION PROVISION OR WHETHER A CLAIM IS
ARBITRABLE SHALL BE DETERMINED BY THE ARBITRATOR. THE ARBITRATOR SHALL HAVE THE
POWER TO AWARD LEGAL FEES PURSUANT TO THE TERMS OF THIS DOCUMENT.

                  (b) Reservation of Rights. NOTHING IN THIS ARBITRATION
PROVISION SHALL BE DEEMED TO (I) LIMIT THE APPLICABILITY OF ANY OTHERWISE
APPLICABLE STATUTES OF LIMITATION OR REPOSE AND ANY WAIVERS CONTAINED IN THIS
DOCUMENT; OR (II) BE A WAIVER BY HOLDER OF THE PROTECTION AFFORDED TO IT BY 12
U.S.C. SEC. 91 OR ANY SUBSTANTIALLY EQUIVALENT STATE LAW; OR (III) LIMIT THE
RIGHT OF ANY PARTY HERETO (A) TO EXERCISE SELF HELP REMEDIES SUCH AS (BUT NOT
LIMITED TO) SETOFF, OR (B) TO FORECLOSE AGAINST OR SELL ANY REAL OR PERSONAL
PROPERTY COLLATERAL, OR (C) TO OBTAIN FROM A COURT PROVISIONAL OR ANCILLARY
REMEDIES SUCH AS (BUT NOT LIMITED TO) INJUNCTIVE RELIEF, WRIT OF POSSESSION OR
THE APPOINTMENT OF A RECEIVER. ANY PARTY MAY EXERCISE SUCH SELF HELP RIGHTS,
FORECLOSE OR SELL COLLATERAL OR OBTAIN SUCH PROVISIONAL OR ANCILLARY REMEDIES
BEFORE, DURING OR AFTER THE PENDENCY OF ANY ARBITRATION PROCEEDING BROUGHT
PURSUANT TO THIS NOTE. NONE OF THESE ACTIONS SHALL CONSTITUTE A WAIVER OF THE
RIGHT OF ANY PARTY, INCLUDING THE CLAIMANT IN ANY SUCH ACTION, TO ARBITRATE THE
MERITS OF THE CLAIM OCCASIONING RESORT TO SUCH REMEDIES OR PROCEDURES.

                  16. Governing Law. THIS NOTE SHALL BE GOVERNED BY, AND SHALL
BE CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF GEORGIA (WITHOUT
GIVING EFFECT TO PRINCIPLES OF CONFLICTS OF LAWS OF THE STATE OF GEORGIA OR ANY
OTHER STATE).

                  17. Notices. All notices hereunder shall be in writing and
shall be conclusively deemed to have been received and shall be effective (a) on
the day on which delivered if delivered personally or transmitted by telex or
telegram or telecopier, or (b) one business day after the date on which the same
is delivered to a nationally recognized overnight courier service, and shall be
addressed:

                           in the case of the Company, to:

                           Horizon Medical Products, Inc.
                           Seven North Parkway Square
                           4200 Northside Parkway
                           Atlanta, Georgia  30327
                           Attention: President

                           with a copy to:

                           King & Spalding
                           191 Peachtree St.
                           Atlanta, Georgia  30303
                           Attention: Jon R. Harris, Jr., Esq.

                           in the case of the Borrower to:

                           ComVest Venture Partners, L.P.
                           830 Third Avenue
                           New York, NY  10022
                           Attention: Carl G. Kleidman, Esq.

                           with a copy to:

                           Brown Raysman Millstein Felder & Steiner LLP

                                      -4-
<PAGE>

                           900 Third Avenue
                           New York, NY 10022
                           Attention:  Stuart Bressman, Esq.

                           in the case of the Holder:

                           Bank of America
                           101 North Tryon Street
                           Charlotte, NC 28255
                           Attention:  Tom Elkins

                           with a copy to:

                           Morris, Manning & Martin, L.L.P.
                           1600 Atlanta Financial Center
                           3343 Peachtree Road, N.E.
                           Attention:  Frank W. DeBorde, Esq.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                      -5-
<PAGE>

         IN WITNESS WHEREOF, the Borrower has caused this instrument to be duly
executed by an officer thereunto duly authorized.

                                Dated:  March 15,  2002

                                COMVEST VENTURE PARTNERS, L.P.

                                By:  ComVest Management LLC, its General Partner

                                By: /s/ Travis L. Provow
                                   ---------------------------------------
                                Name: Travis L. Provow
                                Title: President and Managing Director

                                      -6-<PAGE>
                                                                   EXHIBIT 10.61

                           SECURITIES PLEDGE AGREEMENT

         THIS SECURITIES PLEDGE AGREEMENT (this "Agreement") is dated as of this
___ day of March, 2002, by and between Marshall Hunt and Hunt Family
Investments, L.L.L.P. (collectively, the "Pledgor") and ComVest Venture
Partners, L.P., a Delaware limited partnership with its principal place of
business at 800 Third Avenue, New York, New York 10022 (the "Pledgee").

                                   WITNESSETH:

         WHEREAS, in order to provide financing for the repayment of certain
indebtedness of Horizon Medical Products, Inc., a Delaware corporation (the
"Company"), the Company has proposed to issue and sell to Pledgee and, if so
elected by Pledgee, certain Additional Note Purchasers (as such term is defined
in the Note Purchase Agreement referred to below) its Senior Subordinated
Convertible Notes (the "Notes") upon the terms and subject to the conditions
contained in that certain Note Purchase Agreement, dated as of the date hereof
(the "Note Purchase Agreement") by and between the Company, Pledgee and such
Additional Note Purchasers as are parties thereto (capitalized terms used, but
not otherwise defined herein, shall have the meaning given to such terms in the
Note Purchase Agreement);

         WHEREAS, in order to induce Pledgee and any Additional Note Purchasers
to enter into the Note Purchase Agreement and to purchase the Notes in
accordance therewith, Pledgor has agreed to enter into this Agreement and, on
the terms and subject to the conditions contained herein, to pledge all of the
Pledged Securities (as defined below) to Pledgee, for the ratable benefit of
Pledgee and each Additional Note Purchaser, if any.

         NOW, THEREFORE, in consideration of the foregoing, the parties agree as
follows:

         1. Definitions. The term "Pledged Securities" shall mean the securities
described in Schedule I hereto and any shares of the Company's Capital Stock
(including securities exercisable for or convertible into Capital Stock) that
Pledgor purchases or otherwise acquires beneficial ownership of after the
execution of this Agreement, together with all certificates, options, rights, or
other distributions issued as an addition to, in substitution or in exchange
for, or on account of, any such securities, and all proceeds of all of the
foregoing, now or hereafter owned or acquired by the Pledgor.

         2. Agreement to Pledge.

         (a) As security for the obligations of Pledgor under Section 5.5, 5.8
and 1.11 of the Securityholders Agreement (as defined in the Note Purchase
Agreement), the Pledgor hereby pledges, hypothecates, assigns, transfers and
delivers unto Pledgee, its successors and assigns, for the ratable benefit of
the Pledgee and each Additional Note Purchaser, if any, the Pledged Securities
in form transferable for delivery, together with all right, title, interest,
powers, privileges and preferences pertaining or incidental thereto, and grants
the Pledgee a lien on and security interest therein.

<PAGE>

         (b) If the Pledgor shall become entitled to receive or shall receive,
in connection with any of the Pledged Securities, any:

         (i) certificate representing such Pledged Securities, including, but
without limitation, any certificate representing a dividend or in connection
with any increase or reduction of capital, reclassification, merger,
consolidation, sale of assets, combination of shares, stock split, spin-off or
split-off;

         (ii) option, warrant, or right, whether as an addition to or in
substitution or in exchange for any of the Pledged Securities, or otherwise;

         (iii) dividend or distribution payable in cash or in property,
including securities issued by other than the issuer of any of the Pledged
Securities; or

         (iv) extraordinary or liquidating dividends, redemptions or
distributions, then:

the Pledgor shall accept the same as the Pledgee's agent, in trust for the
Pledgee, and shall deliver them forthwith to the Pledgee in the exact form
received with, as applicable, the Pledgor's endorsement when necessary, or
appropriate stock powers duly executed in blank, to be held by the Pledgee,
subject to the terms hereof, as part of the Pledged Securities.

         3. Pledgor's Warranties and Representations. The Pledgor represents and
warrants that:

         (a) It has, and has duly exercised, all requisite power and authority
to enter into this Agreement, to pledge the Pledged Securities for the purposes
described in Section 2(a), and to carry out the transactions contemplated by
this Agreement;

         (b) It is the legal and beneficial owner of all of the Pledged
Securities and the Pledged Securities constitute all of the Capital Stock of the
Company which is owned of record or beneficially by the Pledgor and which, as of
the date hereof, is not subject to any pledge, mortgage, hypothecation, lien,
charge, encumbrance or security interest in favor of any third party other than
Pledgee and the Additional Note Purchasers as provided herein;

         (c) Except as provided herein, all of the Pledged Securities are owned
by the Pledgor of record and beneficially, free of any pledge, mortgage,
hypothecation, lien, charge, encumbrance or security interest in such securities
or the proceeds thereof; and

         (d) Upon delivery of the Pledged Securities to the Pledgee or its
agent, this Agreement shall create, for the ratable benefit of Pledgee and each
Additional Note Purchaser, a valid first lien upon and perfected security
interest in the Pledged Securities and the proceeds thereof, subject to no prior
security interest, lien, charge or encumbrance, or agreement purporting to grant
to any third party a security interest in the property or assets of the Pledgor
which would include the Pledged Securities.

                                       2
<PAGE>

         4. Pledgor's Covenants.

         (a) The Pledgor hereby covenants that, until the indebtedness
represented by the Notes has been repaid in full and the Notes cancelled, it
will not sell, convey, or otherwise dispose of any of the Pledged Securities or
any interest therein or create, incur, or permit to exist any pledge, mortgage,
lien, charge, encumbrance or any security interest whatsoever in or with respect
to any Pledged Securities or the proceeds thereof, other than created hereby.

         (b) The Pledgor warrants and will, at its own expense, defend the
Pledgee's right, title, special property and security interest in and to the
Pledged Securities against the claims of any person, firm, corporation or other
entity.

         5. Notices in Regard of Pledged Securities. The Pledgor will promptly
deliver to the Pledgee all written notices, and will promptly give the Pledgee
written notice of any other notices, received by it with respect to Pledged
Securities, and the Pledgee will promptly give like notice to the Pledgor of any
such notices received by it or its nominee.

         6. Agreement to Execute Further Documents. The Pledgor shall at any
time, and from time to time, promptly upon the written request of the Pledgee,
execute and deliver such further documents and do such further acts and things
as the Pledgee may reasonably request to effect the purposes of this Agreement,
including, without limitation, delivering to the Pledgee upon the occurrence of
an Event of Default irrevocable proxies with respect to the Pledged Securities
in form satisfactory to the Pledgee. Until receipt thereof, this Agreement shall
constitute the Pledgor's proxy to the Pledgee or its nominee to vote all of the
Pledged Securities then registered in the Pledgor's name.

         7. Power of Attorney. From and after an Event of Default, the Pledgor
hereby appoints the Pledgee as the Pledgor's attorney-in-fact for the purpose of
carrying out the provisions of this Agreement and taking any action and
executing any instrument which either may deem necessary or advisable to
accomplish the purposes hereof. Without limiting the generality of the
foregoing, the Pledgee shall have the right and power to receive, endorse and
collect all checks and other orders for the payment of money made payable to the
Pledgor representing any interest or dividend or other distribution payable in
respect of the Pledged Securities or any part thereof and to give full discharge
for the same.

         8. Return of Pledged Securities. Pledgee shall continue to hold the
Pledged Securities as collateral and security, for the ratable benefit of itself
and each Additional Note Purchaser, if any, unless and until the indebtedness
represented by the Notes is fully paid and satisfied. Upon the repayment in full
of all of the indebtedness represented by the Notes and the satisfaction of all
additional costs and expenses of the Pledgee as provided herein, this Agreement
shall terminate and the Pledgee shall deliver to the Pledgor, at the Pledgor's
expense, such of the Pledged Securities as shall not have been sold or otherwise
applied pursuant to this Agreement.

                                       3
<PAGE>

         9. General.

         (a) Beyond the exercise of reasonable care to assure the safe custody
of the Pledged Securities while held hereunder, the Pledgee shall have no duty
or liability to preserve rights pertaining thereto and shall be relieved of all
responsibility for the Pledged Securities upon surrendering it or them or
tendering surrender of it or them to the Pledgor.

         (b) No course of dealing between the Pledgor and the Pledgee, nor any
failure to exercise, nor any delay in exercising, any right, power or privilege
of the Pledgee hereunder shall operate as a waiver thereof; nor shall any single
or partial exercise of any right, power or privilege hereunder or thereunder
preclude any other or further exercise thereof or the exercise of any other
right, power or privilege.

         (c) The rights and remedies provided herein are cumulative and are in
addition to and not exclusive of any rights or remedies provided by law,
including, but without limitation, the rights and remedies of a secured party
under the Uniform Commercial Code.

         (d) The provisions of this Agreement are severable, and if any clause
or provision shall be held invalid or unenforceable in whole or in part in any
jurisdiction, then such invalidity or unenforceability shall affect only such
clause or provision or part thereof in such jurisdiction and shall not in any
manner affect such clause or provision in any other jurisdiction or any other
clause or provision in this Agreement in any jurisdiction.

         (e) Any notice required or permitted by this Agreement shall be
effective if mailed, postage prepaid, by registered or certified mail, return
receipt requested, or if delivered to the Pledgor or Pledgee at their addresses
specified below, or at such other addresses as the Pledgor or the Pledgee may
theretofore have designated in writing and given in like manner to the other.

         (f) This Agreement shall inure to the benefit of and shall be binding
upon the successors and assigns of the parties hereto.

         (g) This Agreement shall be construed in accordance with the
substantive law of the State of New York without regard to principles of
conflicts of law and is intended to take effect as an instrument under seal.

                                       4
<PAGE>

         IN WITNESS WHEREOF, the parties hereto have duly executed this
Agreement as of the date and year first above written.

Signed, sealed, sworn to and           PLEDGOR:
delivered in the presence of:
                                       MARSHALL B. HUNT

                                       /s/ Marshall B. Hunt
--------------------------------       ----------------------------------------
Witness                                Marshall B. Hunt
/s/ Marjorie Rogers
--------------------------------
Notary Public

Notarized this 15th day of March, 2002. Address:

                                       3935 Paces Manor
My commission expires:                 Atlanta, Georgia 30339

    (NOTARIAL SEAL)

Signed, sealed, sworn to and           PLEDGOR:
delivered in the presence of:
                                       HUNT FAMILY INVESTMENTS, L.L.L.P.

--------------------------------       By: /s/ Marshall B. Hunt
                                          -------------------------------------
/s/ Marjorie Rogers                    Name: Marshall B. Hunt
--------------------------------       Title: Managing General Partner
Notary Public

Notarized this 15th day of March, 2002. Address:

                                       3935 Paces Manor
My commission expires:                 Atlanta, Georgia 30339

     (NOTARIAL SEAL)

<PAGE>

                      COMVEST COUNTERPART SIGNATURE PAGE TO
                                PLEDGE AGREEMENT

Signed, sealed, sworn to and           PLEDGEE:
delivered in the presence of:

--------------------------------       COMVEST VENTURE PARTNERS, L.P.
Witness

/s/ Marjorie Rogers
---------------------------------      By: /s/ Travis L. Provow
Notary Public                             -------------------------------------
                                       Name: Travis L. Provow
                                            -----------------------------------
                                       Title: President and Managing Director
                                             ----------------------------------

Notarized this 15th day of March, 2002.
                                       Address:
My commission expires:
                                       830 Third Avenue
  (NOTARIAL SEAL)                      New York, New York 10022

<PAGE>

                                   SCHEDULE I

<TABLE>
<CAPTION>
                                                Amount and Description of Pledged
Issuer                                                     Securities                         Name of Holder
------                                          ---------------------------------             --------------
<S>                                             <C>                                           <C>

Horizon Medical Products, Inc.                  2,814,198  Shares of Company common           Marshall B. Hunt and
                                                stock, Cert. Nos. HMP0025, HMP0073,           Hunt Family
                                                HMP0072 and ___________                       Investments, L.L.L.P.
</TABLE>

<PAGE>

                    POWER OF ATTORNEY TO TRANSFER SECURITIES

         FOR VALUE RECEIVED, the undersigned, Marshall B. Hunt and Hunt Family
Investments, L.L.L.P., hereby sell, assign and transfer to ComVest Venture
Partners, L.P., 2,814,198 shares of Company common stock, Certificate Nos.
HMP0025, HMP0073, HMP0072, and ___________ standing in their names on the books
of Horizon Medical Products, Inc. and do hereby irrevocably constitute and
appoint any officer or transfer agent of the corporation the power of attorney
to transfer all said shares on the books of the within named corporation with
full power of substitution.

Signed, sealed, sworn to and           HUNT FAMILY INVESTMENTS, L.L.L.P.
delivered in the presence of:

--------------------------------       By:
Witness                                   -------------------------------------
                                       Name: Marshall B. Hunt
                                       Title: Managing Partner

--------------------------------
Notary Public

Notarized this ___ day of March, 2002.

My commission expires:

    (NOTARIAL SEAL)

Signed, sealed, sworn to and           MARSHALL B. HUNT
delivered in the presence of:

--------------------------------       ----------------------------------------
Witness                                Marshall B. Hunt

--------------------------------
Notary Public

Notarized this ___ day of March, 2002.

My commission expires:

   (NOTARIAL SEAL)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00038-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00038-of-00352.parquet"}]]