Document:

<PAGE>
                                                                    Exhibit 10.2

                                 LOAN AGREEMENT

                                       BY

                                       AND

                                     BETWEEN

                   FIRST TENNESSEE BANK NATIONAL ASSOCIATION,

                                     "BANK"

                                       AND

                          SCB COMPUTER TECHNOLOGY, INC.

                                   "BORROWER"

                              Dated: June 15, 2003

<PAGE>

                                TABLE OF CONTENTS

<TABLE>
<S>                                                                       <C>
1.    DEFINITIONS AND REFERENCE TERMS .....................................1

2.    LOAN ................................................................5

3.    REPRESENTATIONS AND WARRANTIES ......................................5

4.    AFFIRMATIVE COVENANTS ...............................................6

5.    NEGATIVE COVENANTS ..................................................9

6.    DEFAULT ............................................................10

7.    REMEDIES UPON DEFAULT ..............................................11

8.    NOTICE .............................................................11

9.    COSTS, EXPENSES AND ATTORNEYS' FEES ................................12

10.   MISCELLANEOUS ......................................................12

11.   NO ORAL AGREEMENT ..................................................14
</TABLE>

                                        i

<PAGE>
                                 LOAN AGREEMENT
                                      (SCB)

         This Loan Agreement (this "Agreement") dated as of June 15, 2003, by
and between FIRST TENNESSEE BANK NATIONAL ASSOCIATION, a national banking
association ("Bank"), and SCB COMPUTER TECHNOLOGY, INC., a Tennessee corporation
("Borrower").

                                    RECITALS:

                  A. Borrower has obtained the Commitment (as herein defined)
for the Loan (as herein defined) from the Bank to finance the purchase of the
Equipment (as herein defined) in accordance with the Commitment and the terms of
this Agreement.

                  B. One of the conditions of the Commitment is the execution of
this Agreement by Borrower in which the terms and conditions of the Loan are set
forth.

         NOW THEREFORE, in consideration of the Loan described below and the
mutual covenants and agreements contained herein, and intending to be legally
bound hereby, Bank and Borrower agree as follows:

         1. DEFINITIONS AND REFERENCE TERMS. In addition to any other terms
defined herein, the following terms shall have the meaning set forth with
respect thereto:

                  A. ACCOUNTING TERMS. All accounting terms not specifically
defined or specified herein shall have the meanings generally attributed to such
terms under generally accepted accounting principles ("GAAP"), as in effect from
time to time, consistently applied, with respect to the financial statements
referenced in Section 3.H. hereof.

                  B. ACCOUNTS: Accounts means all amounts owed to Borrower on
account of sales, leases or rentals of goods or services rendered in the
ordinary course of trade or business to or on behalf of any Person (as herein
defined) which is now or hereafter obligated or indebted to Borrower.

                  C. BORROWER: SCB Computer Technology, Inc., a Tennessee
corporation.

                  D. BORROWER'S ADDRESS:
                     3800 Forrest Hill-Irene Road, Suite 100
                     Memphis, Tennessee 38125

                  E. CHANGE OF CONTROL: Change of Control means (a) any "person"
or "group" (within the meaning of Sections 13(d) and 14(d) of the Securities
Exchange Act of 1934 (the "Exchange Act")), other than Ben C. Bryant or T. Scott
Cobb, becomes the beneficial owner (as defined in Rule 13d-3 under the Exchange
Act), directly or indirectly, of 10% or more of the Borrower's equity securities
having the right to vote for the election of members of the Board of Directors,
or (b) a majority of the members

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of the Board of Directors do not constitute directors as of the date of this
Agreement, or (c) Borrower ceases to directly own or control 100% of the
outstanding capital stock of each of the Subsidiaries.

                  F. COLLATERAL: Collateral means any and all collateral now or
hereafter pledged as collateral security for the Loan.

                  G. CONTRACTS: Contracts means collectively the IBM Contracts,
the Unisys Contracts and the Honeywell Contracts.

                  H. COMMITMENT: Commitment means that certain commitment letter
dated April 30, 2003, in which Bank agreed to make the Loan to Borrower with
which Borrower shall purchase the Equipment.

                  I. CURRENT LIABILITIES: Current Liabilities means the
aggregate amount of all current liabilities as determined in accordance with
GAAP, but in any event shall include all liabilities except those having a
maturity date which is more than one year from the date as of which such
computation is being made.

                  J. CUSTOMER SOLUTIONS AGREEMENT: Customer Solutions Agreement
means that certain agreement (as amended, modified or supplemented, including by
the Statement of Work, from time to time in accordance therewith, together with
all exhibits, schedules, annexes and other attachments thereto), dated as of
September 24, 1999 between Borrower and IBM, pursuant to which Borrower agreed
to provide certain services, and which services require Borrower to purchase the
Equipment in order to perform the same.

                  K. EBITDA: EBITDA means all earnings prior to interest
expense, taxes, depreciation and amortization.

                  L. EQUIPMENT: Equipment means certain computer hardware and
software licenses, as described in the Unisys Agreement, which Borrower is
obligated to purchase from Unisys to provide the services described in the
Customer Solutions Agreement, including, without limitation, such hardware as is
described in the Security Agreement.

                  M. FIXED CHARGE COVERAGE RATIO: Fixed Charge Coverage Ratio
means the ratio of (a) EBITDA to (b) Fixed Charges.

                  N. FIXED CHARGES: Fixed Charges means the sum of (a) all
principal indebtedness scheduled to be paid or prepaid during the applicable
period, plus (b) interest expense for such period, plus (c) income taxes paid or
payable during such period, plus (d) cash dividends or distributions paid (other
than dividends or distributions paid by Borrower to a subsidiary or a Subsidiary
to Borrower or any other Subsidiary) during such period, plus (e) capital
expenditures made during such period.

                  O. FUNDED DEBT: Funded Debt means the total indebtedness
outstanding under all recourse notes payable of Borrower, excluding debt issued
by Borrower to selling shareholders in

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connection with acquisitions completed by Borrower, plus funded or unfunded
letters of credit issued pursuant to Borrower's application therefor, plus
capital leases of Borrower.

                  P. GENERAL INTANGIBLES: General Intangibles shall have the
meaning set forth in the UCC.

                  Q. GUARANTORS: All existing Subsidiaries of Borrower,
including, without limitation, Partners Resources Inc., an Arizona corporation,
SCB Computer Technology of Alabama, Inc., an Alabama corporation, and Remtech
Services, Inc., a Virginia corporation, as well as any other Persons from time
to time executing guaranty agreements in regards to the Loan.

                  R. HAZARDOUS MATERIALS: Hazardous Materials include all
materials defined as hazardous materials or substances under any local, state or
federal environmental laws, rules or regulations, and petroleum, petroleum
products, oil and asbestos.

                  S. HONEYWELL: Honeywell means Honeywell Corporation.

                  T. HONEYWELL CONTRACTS: Honeywell Contracts means all
agreements now or hereafter entered into by and between the Borrower and
Honeywell relating to services provided by the Borrower to Honeywell using,
relating to, or arising under the equipment.

                  U. IBM: IBM means International Business Machines Corporation.

                  V. IBM CONTRACTS: IBM Contracts means all agreements now or
hereafter entered into by and between Borrower and IBM relating to services
provided by Borrower to IBM using, relating to or arising under the Equipment,
including to, but not limited to, the Customer Solutions Agreement and the
Statement of Work.

                  W. LOAN: The Loan, as described in Section 2 hereof, and any
subsequent loan which states that it is subject to this Agreement.

                  X. LOAN DOCUMENTS: Loan Documents means this Agreement and any
and all promissory notes executed by Borrower in favor of Bank and all other
documents, instruments, guarantees, certificates and agreements executed and/or
delivered by Borrower, any Guarantor or third party in connection with the Loan.

                  Y. NET INCOME: Net Income means for any period, the net income
(or loss) of Borrower after provision for or benefit from income and franchise
taxes determined in accordance with GAAP, but excluding: (i) the income (or
loss) of any Person (other than a subsidiary of Borrower) in which Borrower has
an ownership interest unless received by Borrower in a cash distribution; and
(ii) the income (or loss) of any Person accrued prior to the date it is merged
into or consolidated with Borrower.

                  Z. NET WORTH. Net Worth means the amount by which total assets
exceed total liabilities in accordance with GAAP.

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                  AA. NOTE: The promissory note evidencing the Loan, modified,
as amended and/or restated from time to time.

                  BB. PERSON: Person means any individual, partnership,
corporation, trust, unincorporated organization, limited liability company,
association, joint venture or other legally recognized entity having the
capacity to contract in its own name.

                  CC. SECURITY AGREEMENT: Security Agreement means that certain
Security Agreement executed by Borrower of even date herewith.

                  DD. SERVICE FEES: Service Fees means the sums payable by IBM
to Borrower under the IBM Agreement including, without limitation, the Customer
Solutions Agreement and the Statement of Work, for services performed by
Borrower thereunder.

                  EE. STATEMENT OF WORK: Statement of Work means that certain
agreement (as amended, modified or supplemented from time to time, together with
all exhibits, schedules, annexes and other attachments thereto) between Borrower
and IBM entitled "statement of work" composing part of the Customer Solutions
Agreements.

                  FF. SUBSIDIARY: Any entity existing on the date hereof in
which Borrower owns at least a majority share or has control, all of which are
listed in Exhibit "A" hereto, and being one and the same herein as a Guarantor.

                  GG. TANGIBLE STOCKHOLDERS' EQUITY: Tangible Stockholders'
Equity means stockholders" equity less goodwill, plus subordinated debt.

                  HH. TERMINATION FEE: Termination Fee means the sum payable by
IBM to Borrower upon the termination of the Customer Solutions Agreement and the
Statement of Work.

                  II. UNISYS: Unisys means Unisys Corporation.

                  JJ. UNISYS AGREEMENT: Unisys Agreement means that certain
Master Agreement for Products and Services, including the Additional Terms and
Conditions, by and between Borrower and Unisys Corporation dated March 31, 2003.

                  KK. UNISYS CONTRACTS: Unisys Contracts means all agreements
now or hereafter entered into by and between Borrower and Unisys relating to the
Equipment, including, without limitation, that certain Master Agreement for
Products and Services dated May, 2003.

                  LL. UCC: UCC means the Uniform Commercial Code as adopted by
the state of Tennessee.

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         2. LOAN; SECURITY. As set forth in the Commitment, Bank has agreed to
make a term loan to Borrower in the principal face amount of Six Million Five
Hundred Thousand and No/100 Dollars ($6,500,000.00). The obligation to repay the
Loan is evidenced by the Note having a maturity date, repayment terms and
interest rate as set forth in the Note. The Loan shall be used by Borrower to
acquire the Equipment and to reimburse Borrower for advances and additional
deposits paid to Unisys.

                  The Loan shall be secured by the Collateral described in the
Security Agreement including, without limitation, the Equipment, the Termination
Fee and the Service Payments, whether such Termination Fee and Service Payments
constitute Accounts or General Intangibles.

         3. REPRESENTATIONS AND WARRANTIES. Borrower hereby represents and
warrants to Bank as follows:

                  A. GOOD STANDING. Borrower is a corporation, duly organized,
validly existing and in good standing under the laws of the state of its
formation and has the power and authority to own its property and to carry on
its business as currently conducted.

                  B. AUTHORITY AND COMPLIANCE. Borrower has full power and
authority to execute and deliver the Loan Documents and to incur and perform the
obligations provided for therein, all of which have been duly authorized by all
proper and necessary action of the appropriate governing body of Borrower. No
consent or approval of any public authority or other third party is required as
a condition to the validity of any Loan Document, and Borrower is in material
compliance with all laws and regulatory requirements to which it is subject.

                  C. BINDING AGREEMENT. This Agreement and the other Loan
Documents executed by Borrower constitute valid and legally binding obligations
of Borrower, enforceable in accordance with their terms.

                  D. LITIGATION. There is no material proceeding involving
Borrower pending or, to the knowledge of Borrower, threatened before any court
or governmental authority, agency or arbitration authority, except as disclosed
to Bank in writing and acknowledged by Bank prior to the date of this Agreement.

                  E. NO CONFLICTING AGREEMENTS. There is no charter, bylaw,
stock provision, partnership agreement or other document pertaining to the
organization, power or authority of Borrower and no provision of any existing
material agreement, mortgage, indenture or contract binding on Borrower or
affecting its property, which would conflict with or in any way prevent the
execution, delivery or carrying out of the terms of this Agreement and the other
Loan Documents.

                  F. OWNERSHIP OF ASSETS. Borrower has good title to its assets,
and its assets are free and clear of liens, except for those liens disclosed to
and approved by Bank, and certain limited liens involving non-recourse lease
related loans, and except for those granted to Bank and as disclosed to Bank in
writing prior to the date of this Agreement or liens filed of record.

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                  G. TAXES. All taxes and assessments due and payable by
Borrower have been paid or are being contested in good faith by appropriate
proceedings and Borrower has filed all tax returns which it is required to file.

                  H. FINANCIAL STATEMENTS. The financial statements of Borrower
and Guarantors heretofore delivered to Bank have been prepared in accordance
with GAAP applied on a consistent basis throughout the period involved and
fairly present Borrower's and Guarantors' financial condition as of the date or
dates thereof, and there has been no material adverse change in Borrower's or
Guarantor's financial condition or operations since said delivery. All factual
information furnished by Borrower to Bank in connection with this Agreement and
the other Loan Documents is and will be accurate and complete in all material
respects on the date as of which such information is delivered to Bank and is
not and will not be incomplete by the omission of any material fact necessary to
make such information not misleading.

                  I. PLACE OF BUSINESS. Borrower's chief executive office is
                     located at 3800 Forrest Hill-Irene Road, Suite 100
                     Memphis, Tennessee 38125

                  J. ENVIRONMENTAL. The conduct of Borrower's business
operations and the condition of Borrower's properties does not and will not
violate any federal laws, rules or ordinances for environmental protection,
regulations of the Environmental Protection Agency, any applicable local or
state law, rule, regulation or rule of common law or any judicial interpretation
thereof relating primarily to the environment or Hazardous Materials.

                  K. CONTINUATION OF REPRESENTATIONS AND WARRANTIES. All
representations and warranties made under this Agreement shall be deemed to be
made at and as of the date hereof.

                  L. SUBSIDIARIES. Other than as shown on Exhibit "A," there are
no other Subsidiaries.

                  M. LOCATION OF EQUIPMENT. The Equipment is and at all times
will be located on property owned by Honeywell bearing a street address of
Honeywell Building 01504, 21111 N. 19th Avenue, Phoenix, Arizona 85027.

                  N. NO DEFAULT UNDER OTHER AGREEMENTS. There are no defaults
known to Borrower under any of the Contracts, or under any other loan agreement
to which the Borrower is a party, or under any license agreements to which the
Borrower is a party, or is subject. Borrower has provided Bank with a complete
copy of the Customer Solutions Agreement and all Statements of Work and
amendments thereto.

         4. AFFIRMATIVE COVENANTS. Until full payment and performance of all
indebtedness and obligations of Borrower under the Loan Documents, Borrower
will, and shall cause Guarantors to, on a consolidated basis unless Bank
consents otherwise in writing (and without limiting any requirement of any other
Loan Document):

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<PAGE>

                  A. FINANCIAL CONDITION. Maintain at all times Borrower's and
Guarantors' financial conditions, on a consolidated basis, as follows and as
determined in accordance with GAAP applied on a consistent basis throughout the
period involved, except to the extent modified by the following:

                     i.    Minimum EBITDA for the twelve month period ending
                           each fiscal quarter of SCB after April 30, 2002 shall
                           not be less than 80% of Borrower's projected EBITDA
                           for each twelve month period as set forth in the
                           projections delivered to Bank which projections shall
                           be in the form acceptable to Bank; provided, if Bank
                           and Borrower cannot agree on such projections, for
                           the purposes of this requirement, minimum EBITDA for
                           each twelve month period shall not be less than
                           $10,000,000.

                    ii.    The maximum amount of capital expenditures that
                           Borrower may make during each fiscal quarter after
                           April 30, 2002 shall not exceed 120% of Borrower's
                           projected amount of capital expenditures for each
                           such fiscal quarter as set forth in the projection
                           delivered to Bank, which projections shall be in form
                           and substance acceptable to Bank; provided, if Bank
                           and Borrower cannot agree on such projections, for
                           the purposes of this requirement, the amount of
                           Borrower's capital expenditures for each such fiscal
                           quarter shall not exceed $300,000.

                   iii.    The Fixed Charge Coverage Ratio for any fiscal
                           quarter for Borrower shall not be less than 1.25 to 1
                           through April 30, 2004. After April 30, 2004, the
                           Fixed Charge Coverage Ratio for any fiscal quarter
                           shall not be less than 1.5 to 1 (it being understood
                           and agreed that Borrower and Bank intend to negotiate
                           for a revised Fixed Charge Coverage Ratio promptly
                           after receipt by Bank of projections of Borrower for
                           the fiscal year beginning on May 1, 2004, but that
                           until Borrower and Bank have entered into a written
                           amendment to this provision, the requirement set
                           forth in this clause (iii) will remain in full force
                           and effect).

                  B. FINANCIAL STATEMENTS AND OTHER INFORMATION. Maintain a
system of accounting satisfactory to Bank and in accordance with GAAP applied on
a consistent basis throughout the period involved, permit Bank's officers or
authorized representatives to visit and inspect Borrower's books of account and
other records at such reasonable times and as often as Bank may desire, and pay
the reasonable fees and disbursements of any accountants or other agents of Bank
selected by Bank for the foregoing purposes. Unless written notice of another
location is given to Bank, Borrower's books and records will be located at
Borrower's chief executive office set forth above. All financial statements
called for below shall be prepared in form and content acceptable to Bank and by
independent certified public accountants acceptable to Bank.

In addition, Borrower will:

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                           i. Furnish to Bank audited year end financial
statements of Borrower for each fiscal year of Borrower, within one hundred
twenty (120) days after the close of each such fiscal year, prepared by a public
accounting firm acceptable to Bank.

                           ii. Furnish to Bank Borrower's quarterly 10-Q for
each quarter of each fiscal year of Borrower, within fifty (50) days after the
close of each such period, such financial statements to be certified by the
president, vice president or chief financial officer of Borrower.

                           iii. Furnish to Bank a quarterly compliance
certificate for (and executed by an authorized representative of) Borrower in
the form of Exhibit "B" attached hereto, concurrently with and dated as of the
date of delivery of each of the financial statements as required in paragraphs i
and ii above, and at such other times as Bank may request, containing (a) a
certification that the financial statements of even date are true and correct
and that Borrower is not in default under the terms of this Agreement, and (b)
computations and conclusions, in such detail as Bank may request, with respect
to compliance with this Agreement, and the other Loan Documents, including
computations of all quantitative covenants.

                           iv. Furnish to Bank promptly any such additional
information, reports and statements respecting the business operations and
financial condition of Borrower and its Subsidiaries, respectively, from time to
time, as Bank may reasonably request.

                  All such statements and certificates required in paragraphs i
through iv above shall be consolidated with and between Borrower and the
Subsidiaries.

                  C. INSURANCE. Maintain insurance on the Equipment with an
insurance company, in such amounts and against such risks as is reasonably
acceptable to Bank and as is customarily maintained by similar businesses
operating in the same vicinity, specifically to include fire and extended
coverage insurance, and providing for at least thirty (30) days prior notice to
Bank of any cancellation thereof, and all to name Bank as loss payee as
applicable and as Bank's interest may appear. Satisfactory evidence of such
insurance will be supplied to Bank prior to funding under the Loan(s) and thirty
(30) days prior to each policy renewal.

                  D. EXISTENCE AND COMPLIANCE. Maintain its, as well as that of
its Subsidiaries, existence, good standing and qualification to do business,
where failure to do so would have a material adverse effect on Borrower or its
Subsidiaries, and comply with all laws, regulations and governmental
requirements including, without limitation, applicable environmental laws or to
any of its or their property, business operations and transactions.

                  E. ADVERSE CONDITIONS OR EVENTS. Promptly advise Bank in
writing of (i) any condition, event or act which comes to its attention that
would or might materially adversely affect Borrower's, Subsidiary's or any
Guarantor's financial condition or operations or Bank's rights under the Loan
Documents, (ii) any material litigation filed by or against Borrower, Subsidiary
or any Guarantor, (iii) any event that has occurred that would constitute an
event of default under any Loan Documents and (iv) any uninsured or partially
uninsured loss through fire, theft, liability or property damage in excess of an
aggregate of Five Hundred Thousand and No/100 Dollars ($500,000.00).

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                  F. TAXES AND OTHER OBLIGATIONS. Pay all of its taxes,
assessments and other obligations, including, but not limited to taxes, costs or
other expenses arising out of this transaction, as the same become due and
payable, except to the extent the same are being contested in good faith by
appropriate proceedings in a diligent manner.

                  G. MAINTENANCE. Maintain all of the Equipment in good
condition and repair and make all necessary replacements thereof, and preserve
and maintain all licenses, trademarks, privileges, permits, franchises,
certificates and the like necessary for the operation of the Equipment.

                  H. ENVIRONMENTAL. Immediately advise Bank in writing of (i)
any and all enforcement, cleanup, remedial, removal, or other governmental or
regulatory actions instituted, completed or threatened pursuant to any
applicable federal, state, or local laws, ordinances or regulations relating to
any Hazardous Materials affecting Borrower's or any Subsidiary's business
operations; and (ii) all claims made or threatened by any third party against
Borrower or any Subsidiary relating to damages, contribution, cost recovery,
compensation, loss or injury resulting from any Hazardous Materials. Borrower
shall immediately notify Bank of any remedial action taken by Borrower with
respect to Borrower's business operations. Borrower will not use or permit any
other party to use any Hazardous Materials at any of Borrower's places of
business or at any other property owned by Borrower except such materials as are
incidental to Borrower's normal course of business, maintenance and repairs and
which are handled in compliance with all applicable environmental laws. Borrower
agrees to permit Bank, its agents, contractors and employees to enter and
inspect any of Borrower's places of business or any other property of Borrower
at any reasonable times upon three (3) days prior notice for the purposes of
conducting an environmental investigation and audit (including taking physical
samples) to insure that Borrower is complying with this covenant and Borrower
shall reimburse Bank on demand for the costs of any such environmental
investigation and audit. Borrower shall provide Bank, its agents, contractors,
employees and representatives with access to and copies of any and all data and
documents relating to or dealing with any Hazardous Materials used, generated,
manufactured, stored or disposed of by Borrower's business operations within
five (5) days of the request therefore.

                  I. ACQUISITIONS. In the event Borrower acquires any other
Subsidiary, such Subsidiary shall sign an unlimited guaranty of the indebtedness
and obligations of Borrower to Bank, such guaranty to be in form and substance
prepared by and acceptable to Bank.

                  J. OTHER DOCUMENTS. Use its best efforts to provide to Bank
such other documents as Bank may reasonably require including, without
limitation, release documents releasing any and all liens possessed by any
Person other than Bank, Wells Fargo Foothill, Inc., formerly known as Foothill
Capital Corporation or State Bank & Trust, encumbering any of the Collateral,
and an intercreditor agreement with or a consent and waiver from any other
Person claiming any lien on any of Borrower's property agreeing not to interfere
with Bank's enforcement of its liens against, any of the Collateral.

         5. NEGATIVE COVENANTS. Until full payment and performance of all
obligations of Borrower under the Loan Documents, Borrower will not, without the
prior written consent of Bank (and without limiting any requirement of any other
Loan Documents):

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                  A. TRANSFER OF ASSETS OR CONTROL. Sell, lease, assign or
otherwise dispose of or transfer any of the Collateral, or cause, permit, or
suffer, directly or indirectly, any Change of Control.

                  B. LIENS. Except as set forth in Section 4(J) above, grant,
suffer or permit any contractual or noncontractual lien on or security interest
in the Collateral, except in favor of Bank and except for limited liens
involving non-recourse lease related loans, or fail to promptly pay when due all
lawful claims, whether for labor, materials or otherwise related to the
Equipment.

                  C. CHARACTER OF BUSINESS. Change the general character of
business as conducted at the date hereof, or engage in any type of business not
reasonably related to its business as presently conducted.

                  D. NEGATIVE PLEDGE LIMITATION. Enter into any agreement with
any person other than Bank pursuant hereto which prohibits or limits the ability
of Borrower, Subsidiary or any Guarantor to create, incur, assume or suffer to
exist any lien upon the Collateral, including without limitation, the Equipment.

                  E. LOCATION OF EQUIPMENT. Move the Equipment from Honeywell's
premises as identified to Bank without Bank's prior written consent.

                  F. CUSTOMER SOLUTIONS AGREEMENT; STATEMENT OF WORK. Amend,
modify or supplement the Customer Solutions Agreement or the Statement of Work
without Bank's prior written consent.

         6. DEFAULT. Subject to any applicable notice and right to cure
provision contained herein or in any of the other Loan Documents, Borrower shall
be in default under this Agreement and under each of the other Loan Documents if
any of the following should occur:

                  A. It shall default in the payment of any amounts due and
owing under the Loan within fifteen (15) days of the date when due or;

                  B. It should fail to timely and properly observe, keep or
perform any term, covenant, agreement or condition herein or in any other Loan
Document or in any other loan agreement, promissory note, security agreement,
deed of trust, deed to secure debt, mortgage, assignment or other contract
securing or evidencing payment of any indebtedness of Borrower to Bank; or

                  C. There should occur any material adverse change in
Borrower's financial condition or business affairs from that shown on Borrower's
most recent financial statements provided to Bank, including, without
limitation, any legal proceedings commenced against Borrower or any of its
officers which Bank determines in its reasonable discretion could have a
material adverse effect on Borrower's financial condition or business affairs;
or

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<PAGE>

                  D. Any material default should occur under any loan
documentation between Borrower and any other Person, including, without
limitation, Wells Fargo Foothill, Inc., f/k/a Foothill Capital Corporation, The
State Bank and Trust Company, and IBM, which default continues to exist after
the expiration of any applicable cure period and which default in the reasonable
opinion of the Bank could have a material adverse effect on Borrower's ability
to perform its obligation under the Loan Documents.

                  E. The Service Fees should be insufficient at any time to
fully service the regularly scheduled payments of principal and interest due
under the Note, and/or should the Service Fees fail, regardless of the reason
for such failure, to be received by Bank for application to the payments due
under the Note.

                  F. The Termination Fee should be insufficient at any time to
fully pay the outstanding balance then due under the Loan, and/or should the
Termination Fee fail, regardless of the reason for such failure, to be received
by Bank when due and payable by IBM for application to the outstanding balance
due under the Loan.

                  G. As for any default which is capable of cure, before any
such default becomes an event of default under this Agreement entitling Bank to
exercise any remedies as a result, Bank shall give Borrower written notice of
default, specifying the nature thereof, and Borrower shall have thirty (30) days
from the date appearing on such written notice to cure any such default to the
complete satisfaction of Bank. If Borrower has not cured such default within
such thirty (30) day period to the complete satisfaction of Bank, or if such
default is curable but not within thirty (30) days and Borrower fails to
institute a curative action promptly upon such notice and diligently and
continuously prosecute the same to conclusion as determined in Bank's sole
discretion, then Bank may exercise any or all remedies available hereunder or
under any other instrument now or hereafter in any manner evidencing, securing
or relating to the indebtedness evidenced hereby.

         7. REMEDIES UPON DEFAULT. If any of the foregoing defaults shall occur,
Bank shall have all rights, powers and remedies available under each of the Loan
Documents as well as all rights and remedies available at law or in equity,
including, without limitation, the rights and remedies provided in the Note and
the Security Agreement.

         8. NOTICES. All notices, requests or demands which any party is
required or may desire to give to any other party under any provision of this
Agreement must be in writing delivered to the other party at the following
address:

         Borrower:
         SCB Computer Technology, Inc.
         3800 Forrest Hill-Irene Road, Suite 100
         Memphis, Tennessee 38125
         Attn: ___________________
         Fax. No. ________________

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         with a copy to:
         Burch, Porter & Johnson
         130 North Court Avenue
         Memphis, Tennessee 38103
         Attn: Jay H. Lindy
         Fax No. 901/524-5024

         Bank:
         First Tennessee Bank National Association
         165 Madison Avenue
         Memphis, Tennessee 38103
         Attention: ________________
         Fax No. 901/523-4259

         with a copy to:
         Martin, Tate, Morrow & Marston, PC
         6000 Poplar Avenue, Suite 340
         Memphis, Tennessee 38119
         Attention: J. Philip Jones, Esq.
         Fax No. 901/767-2109

or to such other address as any party may designate by written notice to the
other party. Each such notice, request and demand shall be deemed given or made
as follows:

                  A. If sent by mail, upon the earlier of the date of receipt or
five (5) days after deposit in the U.S. Mail, first class postage prepaid;

                  B. If sent by any other means, upon delivery.

         9. COSTS, EXPENSES AND ATTORNEYS' FEES. Borrower shall pay to Bank
immediately upon demand the full amount of all costs and expenses, including
reasonable attorneys' fees (to include outside counsel fees and all allocated
costs of Bank's in-house counsel if permitted by applicable law), incurred by
Bank in connection with (a) negotiation and preparation of this Agreement and
each of the Loan Documents, and (b) all other costs and attorneys' fees incurred
by Bank for which Borrower is obligated to reimburse Bank in accordance with the
terms of the Loan Documents.

         10. MISCELLANEOUS. Borrower and Bank further covenant and agree as
follows, without limiting any requirement of any other Loan Document:

                  A. CUMULATIVE RIGHTS AND NO WAIVER. Each and every right
granted to Bank under any Loan Document, or allowed it by law or equity shall be
cumulative of each other and may be exercised in addition to any and all other
rights of Bank, and no delay in exercising any right shall operate as a waiver

                                       12
<PAGE>

thereof, nor shall any single or partial exercise by Bank of any right preclude
any other or future exercise thereof or the exercise of any other right.
Borrower expressly waives any presentment, demand, protest or other notice of
any kind, including but not limited to notice of intent to accelerate and notice
of acceleration. No notice to or demand on Borrower in any case shall, of
itself, entitle Borrower to any other or future notice or demand in similar or
other circumstances.

                  B. APPLICABLE LAW. This Agreement and the rights and
obligations of the parties hereunder shall be governed by and interpreted in
accordance with the laws of the state of Tennessee and applicable United States
federal law.

                  C. AMENDMENT. No modification, consent, amendment or waiver of
any provision of this Agreement, nor consent to any departure by Borrower
therefrom, shall be effective unless the same shall be in writing and signed by
an officer of Bank, and then shall be effective only in the specified instance
and for the purpose for which given. This Agreement is binding upon Borrower,
its successors and assigns, and inures to the benefit of Bank, its successors
and assigns; however, no assignment or other transfer of Borrower's rights or
obligations hereunder shall be made or be effective without Bank's prior written
consent, nor shall it relieve Borrower of any obligations hereunder. There is no
third party beneficiary of this Agreement.

                  D. DOCUMENTS. All documents, certificates and other items
required under this Agreement to be executed and/or delivered to Bank shall be
in form and content satisfactory to Bank and its counsel.

                  E. PARTIAL INVALIDITY. The unenforceability or invalidity of
any provision of this Agreement shall not affect the enforceability or validity
of any other provision herein and the invalidity or unenforceability of any
provision of any Loan Document to any person or circumstance shall not affect
the enforceability or validity of such provision as it may apply to other
persons or circumstances.

                  F. INDEMNIFICATION. Notwithstanding anything to the contrary
contained in Section 10(G), except for gross negligence or willful misconduct,
Borrower shall indemnify, defend and hold Bank and its successors and assigns
harmless from and against any and all claims, demands, suits, losses, damages,
assessments, fines, penalties, costs or other expenses (including reasonable
attorneys' fees and court costs) arising from or in any way related to any of
the transactions contemplated hereby, including but not limited to actual or
threatened damage to the environment, agency costs of investigation, personal
injury or death, or property damage, due to a release or alleged release of
Hazardous Materials, arising from Borrower's business operations, any other
property owned by Borrower or in the surface or ground water arising from
Borrower's business operations, or gaseous emissions arising from Borrower's
business operations or any other condition existing or arising from Borrower's
business operations resulting from the use or existence of Hazardous Materials,
whether such claim proves to be true or false. Borrower further agrees that its
indemnity obligations shall include, but are not limited to, liability for
damages resulting from the personal injury or death of an employee of Borrower,
regardless of whether Borrower has paid the employee under the workmen's
compensation laws of any state or other similar federal or state legislation for
the protection of employees. The term "property damage" as used in this
paragraph includes, but is not limited to, damage to any real or personal
property of Borrower, Bank, and of any

                                       13
<PAGE>

third parties. Borrower's obligations under this paragraph shall survive the
repayment of the Loan and any deed in lieu of foreclosure or foreclosure of any
Deed to Secure Debt, Deed of Trust, Security Agreement or Mortgage securing the
Loan.

                  G. SURVIVABILITY. All covenants, agreements, representations
and warranties made herein or in the other Loan Documents shall survive the
making of the Loan and shall continue in full force and effect so long as the
Loan is outstanding or the obligation of Bank to make any advances under the
Loan shall not have expired.

         11. NO ORAL AGREEMENT. This written loan agreement and the other loan
documents represent the final agreement between the parties and may not be
contradicted by evidence of prior, contemporaneous or subsequent oral agreements
of the parties.

         IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed under seal by their duly authorized representatives as of the date
first above written.

BORROWER:                                 BANK:

SCB COMPUTER TECHNOLOGY, INC.             FIRST TENNESSEE BANK NATIONAL
                                            ASSOCIATION

By: /s/ Michael J. Boling                 By: /s/ Bob Nieman
   -----------------------------------        ----------------------------------

Name: Michael J. Boling                   Name: Bob Nieman
      --------------------------------          --------------------------------

Title: Executive Vice President           Title: Senior Vice President
       -------------------------------           -------------------------------

                                       14

<PAGE>

                                   EXHIBIT "A"

                                  SUBSIDIARIES

1.    Partners Resources Inc., an Arizona corporation
2.    SCB Computer Technology of Alabama, Inc., an Alabama corporation
3.    Remtech Services, Inc., a Virginia corporation

<PAGE>
                                   EXHIBIT "B"

                             COMPLIANCE CERTIFICATE
                                      (SCB)

         This Compliance Certificate is furnished pursuant to the Loan Agreement
dated as of June ____, 2003 (as the same may be amended, modified, supplemented
or replaced from time to time, the "Loan Agreement"), by and between SCB
COMPUTER TECHNOLOGY, INC. ("Borrower"), and FIRST TENNESSEE BANK NATIONAL
ASSOCIATION, a national banking association ("Bank"). Unless otherwise defined
herein, capitalized terms defined in the Loan Agreement are used herein as
defined therein.

<TABLE>
<S>      <C>                                                     <C>
1.       Minimum EBITDA
         (a)      Loan Agreement:                                $___________
         (b)      Actual:                                        $___________

2.       Maximum Capital Expenditures
         (a)      Loan Agreement                                 ____________
         (b)      Actual:                                        ____________

3.       Fixed Charge Coverage Ratio
         (a)      Loan Agreement:                                ____________
         (b)      Actual:                                        ____________
</TABLE>

The undersigned authorized officer on behalf of Borrower hereby certifies that
the foregoing covenant calculations are true and correct as of the end of the
prior reporting period.

                                      SCB COMPUTER TECHNOLOGY, INC.

                                      By:___________________________________
                                      Name: ________________________________
                                      Title:________________________________
                                      Date: ________________________________<PAGE>
                                                                    Exhibit 10.3

                             INTERCREDITOR AGREEMENT
                                      (SCB)

THIS INTERCREDITOR AGREEMENT (this "Agreement") is made and entered into as of
June 15, 2003, by and between Wells Fargo Foothill, Inc., f/k/a Foothill Capital
Corporation, California corporation ("Foothill") and The State Bank and Trust
Company, a state bank chartered under the laws of Ohio ("STATE BANK", and
collectively with Foothill, the "EXISTING CREDITORS"); SCB Computer Technology,
Inc., a Tennessee corporation; ("SCB") and First Tennessee Bank National
Association, a national banking association (the "BANK").

                                    RECITALS:

         A. The Existing Creditors provide financing to SCB pursuant to the
terms and conditions of the Existing Creditors' Financing Documents (hereinafter
defined). The Existing Creditors' Claims (hereinafter defined) are secured by
blanket security interests in all the personal property of SCB;

         B. SCB has asked the Bank to provide financing to SCB to purchase or
reimburse SCB for the Equipment (hereinafter defined) pursuant to the Bank's
Financing Documents (hereinafter defined). The Bank's Claims (hereinafter
defined) are to be secured by a security interest in the Bank's Collateral
(hereinafter defined);

         C. As an inducement to the Bank to provide financing for the Equipment
to SCB, the Existing Creditors have agreed to enter into this Agreement to
establish and clarify their respective rights and priorities, and to establish
and recognize the Bank's security interest in the Bank's Collateral in the
manner hereinafter set forth, regardless of the order of filing any UCC
financing statements.

         NOW, THEREFORE, for good and valuable consideration, the receipt and
adequacy of which hereby are acknowledged by each party hereto, the parties
hereto hereby agree that:

1. Definitions. Terms used herein that are defined in the UCC have the meanings
defined for those terms in the UCC unless otherwise expressly defined herein. As
used herein, the following terms shall have the meanings respectively set forth
after each:

                  "ACCOUNTS" means all rights to receive the Servicing Fees and
                  Termination Fee payable under the IBM Contracts.

                  "BANK ACCOUNT" shall mean deposit account number 170569022
                  maintained at the Bank into which the Servicing Fees are to be
                  sent by IBM each month, and into which the Termination Fee is
                  to be sent by IBM if and when the same becomes due and payable
                  by IBM to SCB.

<PAGE>

                  "BANK'S CLAIMS" means all present and future claims of the
                  Bank against SCB for the payment of money relating to that
                  certain term loan in the principal amount of $6,500,000 (the
                  "Bank Loan") evidenced by a promissory note of even date
                  herewith made by SCB to the order of the Bank in the principal
                  amount of $6,500,000, including all claims for principal and
                  interest under the Bank Loan (including interest accruing
                  after the commencement of a bankruptcy proceeding by or
                  against SCB), or for reimbursement of fees, costs or expenses,
                  or otherwise, whether fixed or contingent, matured or
                  unmatured, liquidated or unliquidated, but in each case
                  arising under the Bank's Financing Documents (as in effect on
                  the date hereof).

                  "BANK'S COLLATERAL" means:

                  (i)      the Equipment;
                  (ii)     the Accounts;
                  (iii)    the General Intangibles; and
                  (iv)     all proceeds of any and all of the Bank's Collateral.

                  "BANK EVENT OF DEFAULT" means any event of default described
                  in Section 6 of the Bank Loan Agreement as in effect on the
                  date hereof.

                  "BANK'S FINANCING DOCUMENTS" means all present and future loan
                  agreements, including, without limitation, the Bank Loan
                  Agreement, notes, reimbursement agreements, security documents
                  or other documents or agreements in any way evidencing or
                  documenting the Bank's Claims against SCB, as the same may
                  from time to time be amended, modified, renewed, extended or
                  restated.

                  "BANK LOAN AGREEMENT" means that certain Loan Agreement, dated
                  the date hereof, by and between the Bank and SCB.

                  "CLAIMS" mean collectively the Existing Creditors' Claims and
                  the Bank's Claims.

                  "COLLATERAL" means the Bank's Collateral collectively with the
                  Existing Creditor's Collateral.

                  "CONTRACTS" means collectively the IBM Contracts and the
                  Unisys Contracts.

                  "CREDITORS" means collectively the Existing Creditors and the
                  Bank.

                  "CUSTOMER SOLUTIONS AGREEMENT" means that certain agreement
                  dated December 24, 1999, as amended by the Statement of Work,
                  entered into by and between SCB and IBM.

                                       2
<PAGE>

                  "ENFORCEMENT ACTION" means, with respect to any of the
                  Collateral; repossessing, selling, leasing or otherwise
                  disposing of all or any part of such Collateral, or exercising
                  notification or collection rights with respect to all or any
                  portion thereof, or attempting or agreeing to do so;
                  commencing the enforcement with respect to such Collateral of
                  any of the default remedies under any of such Creditor's
                  Financing Documents, the UCC or other applicable laws; or
                  appropriating, setting off, or applying any part or all of
                  such Collateral in the possession of, or coming into the
                  possession of, such Creditor or its agent or bailee, to such
                  Creditor's Claim.

                  "ENFORCEMENT PERIOD" means, with respect to any Claim of any
                  of the Creditors, any period of time commencing upon the
                  occurrence of any event of default with respect to such Claim
                  that permits such Creditor to take any of the Enforcement
                  Actions, and continuing until either (a) the final payment or
                  satisfaction in full of such Creditor's Claims, or (b) the
                  Creditors agree in writing to terminate such Enforcement
                  Period.

                  "EQUIPMENT" means the equipment purchased from Unisys
                  identified in Exhibit "A" attached hereto with loan proceeds
                  from the Bank Loan, wherever located, and whether now or
                  hereafter existing, and all parts thereof, replacements
                  therefor, and additions and accessions thereto.

                  "EXISTING CREDITORS' CLAIMS" means all present and future
                  claims of the Existing Creditors against SCB for the payment
                  of money, including all claims for principal and interest
                  (including interest accruing after the commencement of a
                  bankruptcy proceeding by or against SCB), or for reimbursement
                  in connection with amounts paid under letters of credit, or
                  for reimbursement of fees, costs or expenses, or otherwise,
                  whether fixed or contingent, matured or unmatured, liquidated
                  or unliquidated, and whether arising under contract, in tort
                  or otherwise, as further defined and prioritized in the Prior
                  Subordination Agreement.

                  "EXISTING CREDITORS' COLLATERAL" means all tangible and
                  intangible personal property of SCB, including, without
                  limitation, its accounts, general intangibles, intellectual
                  property, documents, chattel paper, instruments, money,
                  deposit accounts, securities, machinery, equipment,
                  furnishings, fixtures, inventory, whether now owned or
                  hereafter acquired, and all products and proceeds of any
                  thereof.

                  "EXISTING CREDITORS' FINANCING DOCUMENTS" means all present
                  and future loan agreements, notes, reimbursement agreements,
                  security documents or other documents or agreements in any way
                  evidencing or documenting the Existing Creditors' Claims
                  against SCB, as the same may from time to time be amended,
                  modified, renewed, extended or restated.

                  "FINANCING DOCUMENTS" means alternatively the Bank's Financing
                  Documents, and the Existing Creditors' Financing Documents.

                                       3
<PAGE>

                  "GENERAL INTANGIBLES" means all of SCB's general intangibles
                  relating to SCB's right to receive the Servicing Fees and
                  Termination Fee payable under the IBM Contracts, and SCB's
                  general intangibles arising under the Unisys Contracts.

                  "IBM" means International Business Machines Corporation.

                  "IBM CONTRACTS" means the Customer Solutions Agreement and the
                  Statement of Work, as amended, restated or supplemented from
                  time to time.

                  "PRIOR SUBORDINATION AGREEMENT" means that certain
                  Intercreditor and Subordination Agreement dated July 23, 2001,
                  by and between Foothill and State Bank in which State Bank
                  subordinated certain obligations of SCB to State Bank to
                  certain obligations owed by SCB to Foothill.

                  "SERVICING FEES" means all fees, payments or charges payable
                  by IBM under the IBM Contacts prior to the termination
                  thereof.

                  "STATEMENT OF WORK" means that certain agreement entered into
                  by and between SCB and IBM amending the Customer Solutions
                  Agreement and providing for payment of the Servicing Fees and
                  the Termination Fee to SCB.

                  "TERMINATION FEE" means that certain fee payable by IBM under
                  the Customer Solutions Agreement, as amended by the Statement
                  of Work, in the event of the termination of the Customer
                  Solutions Agreement and Statement of Work, with or without
                  cause as provided therein.

                  "UCC" means the Tennessee Uniform Commercial Code, as in
                  effect from time to time.

                  "UNISYS" means Unisys Corporation.

                  "UNISYS CONTRACTS" means all agreements now or hereafter
                  entered into by and between the Debtor and Unisys relating to
                  the Equipment, including, without limitation, that certain
                  Master Agreement for Products and Services dated May , 2003.

2. Security Interest Priorities; Subordination. Notwithstanding (a) the date,
manner or order of perfection of the security interests and liens granted in
favor of the Creditors, (b) the provisions of the UCC or any other applicable
laws or decisions, (c) the provisions of any contract or the Financing Documents
in effect between the Creditors and SCB or any affiliate thereof, and (d)
whether the Creditors or any agent or bailee thereof holds possession of any
part or all of the Collateral, the following, as among the Creditors, shall be
the relative priority of the security interests and liens of the Creditors in
the Collateral:

         a.       The Bank shall have a first priority security interest in the
                  Equipment and the Termination Fee composing part of the Bank's
                  Collateral as well as the rights of SCB under the Unisys
                  Contracts (collectively the "Bank's Priority Collateral") to
                  the extent of the Bank's

                                        4
<PAGE>

                  Claims, and the Existing Creditors shall have a subordinated
                  security interest therein to the extent of the Existing
                  Creditors' Claims. The Existing Creditors hereby specifically
                  subordinate their security interests in the Equipment and
                  Termination Fee and the Unisys Contracts to the security
                  interest of the Bank therein, so that the Bank's security
                  interest in the "Bank's Priority Collateral" shall at all
                  times prior to the satisfaction in full of the Bank's Claims
                  be a first priority security interest therein, just as though
                  any financing statements filed on behalf of the Bank with
                  respect to the "Bank's Priority Collateral" under the UCC were
                  filed prior in time to any financing statements filed on
                  behalf of the Existing Creditors.

b. The Existing Creditors shall have a first priority security interest in the
Collateral other than the Bank's Priority Collateral (the Collateral, other than
the Bank's Priority Collateral, is hereinafter referred to as the "Existing
Creditors' Priority Collateral") to the extent of the Existing Creditors'
Claims, and the Bank shall have a subordinated security interest in the Bank's
Collateral to the extent not constituting the Bank's Priority Collateral, to the
extent of the Bank's Claims. The Bank hereby specifically subordinates its
security interest (if any) in the Existing Creditors' Priority Collateral to the
security interest of the Existing Creditors therein, so that the Existing
Creditors' security interest in the Existing Creditors' Priority Collateral
shall, at all times prior to the satisfaction in full of the Existing Creditors'
Claims, be a first priority security interest therein, just as though any
financing statements filed on behalf of the Existing Creditors with respect to
the Existing Creditors' Priority Collateral under the UCC were filed prior in
time to any financing statements filed on behalf of the Bank with respect to the
Existing Creditors' Priority Collateral.

The priorities set forth herein are solely for the purpose of establishing the
relative rights of the Creditors and there are no other persons or entities who
are intended to benefit in any way by this Agreement.

3. Distribution of the Servicing Fees and Termination Fee Prior to Enforcement
Period. Prior to the commencement of an Enforcement Period, the Servicing Fees
and Termination Fee, and the relative rights and priorities of the Creditors in
the proceeds of the same, shall be determined and distributed in accordance with
the following procedure:

a. Upon the payment of the Servicing Fees by IBM, which payments are to be
remitted to the Bank Account, the portion of the Servicing Fees necessary to pay
to the Bank its regularly scheduled monthly payment then due, and as currently
provided, under the Bank's Financing Documents (as in effect on the date
hereof), shall be first paid to the Bank. Any balance of the Servicing Fees
shall be paid promptly to Foothill. The Bank hereby agrees to give Foothill
prompt written notice if IBM fails to make any scheduled payment of the
Servicing Fees or the Termination Fee (or if any such payment made to the Bank
is insufficient to pay to the Bank its regularly scheduled monthly payment then
due) to the Bank within ten (10) days of the date when the payment to the Bank
is due under the Bank's Financing Documents.

                                       5
<PAGE>

b. In the event the Termination Fee is paid by IBM to the Bank prior to an
Enforcement Period, the Bank shall be entitled to receive such portion of the
Termination Fee as is necessary to satisfy the Bank's Claims in full. Any
balance of the Termination Fee shall be paid promptly to Foothill.

4. Distribution of Servicing Fees, Termination Fee and Proceeds of Collateral
During An Enforcement Period. During an Enforcement Period, the Servicing Fees,
the Termination Fee and all realizations upon Collateral, and the relative
rights and priorities of the Creditors in the proceeds of the same, shall be
determined and distributed in accordance with the following procedure:

a. During any Enforcement Period, in the event the Servicing Fees continue to be
paid by IBM under the IBM Contracts, such Servicing Fees shall be distributed in
accordance with paragraph 3(a) above. During any Enforcement Period, as long as
any portion of the Claims remains outstanding, the Bank shall not take any
Enforcement Action against, or with respect to, the Servicing Fees other than to
receive the portion thereof paid by IBM to the Bank Account that the Bank would
have been entitled to receive prior to an Enforcement Period, irrespective of
whether any indebtedness of SCB under the Financing Documents has been
accelerated or not.

b. During any Enforcement Period, if the Termination Fee is paid by IBM to the
Bank, the Bank shall be entitled to such portion of the Termination Fee as is
necessary to satisfy the Bank's Claims in full. Any surplus in the Termination
Fee over what is necessary to satisfy the Bank's Claims in full shall be paid
promptly to Foothill.

c. All realizations upon the Bank's Priority Collateral shall be applied to the
Bank's Claims. After the Bank's Claims are paid or otherwise satisfied in full,
any remaining realizations upon the Bank's Priority Collateral shall be applied
to the Existing Creditors' Claims until they are paid or otherwise satisfied in
full.

5. Enforcement Actions. The Creditors agree that:

a. As long as the Servicing Fees are being paid by IBM to the Bank Account in
such amounts as enable the Bank to remain current in its receipt of normally
scheduled payments of principal and interest on the Bank's Claim (as set forth
in the Bank's Financing Documents as in effect on the date hereof), shall not
take any Enforcement Action against SCB or IBM with respect to the Servicing
Fees. Other than in connection with the Servicing Fees, which shall be handled
in the manner set forth above, and subject to the Forbearance Period described
in Section 5(b) hereof, at such time as IBM ceases paying any Servicing Fees in
accordance with the IBM Contracts to the Bank for deposit in the Bank Account,
the Bank may, at its option, during any Enforcement Period relating to the
Bank's Claims, take any Enforcement Action it deems appropriate with respect to
the Bank's Collateral, without any requirement that it obtain the prior consent
of the Existing Creditors.

b. The Bank agrees to send the same notice to Foothill at the same time it sends
any notice of default it is required to send under the Bank's Financing
Documents to SCB, and to allow (but not obligate) Foothill to cure any such
default during any applicable cure period if possible, or

                                        6
<PAGE>

propose any other solution which the Bank finds acceptable in order to waive any
such default. The Bank agrees not to unreasonably withold its consent to, or
approval of, any such proposal made by Foothill. Notwithstanding the foregoing,
provided no Bank Event of Default exists under Section 6A of the Bank Loan
Agreement (as in effect on the date hereof) by reason of a failure of SCB to
make scheduled payments of the principal of, or interest on, the Loan (as such
term is defined in the Bank Loan Agreement) as and when due and payable, after
any applicable grace or notice and cure period has expired under the Bank's
Financing Documents without a cure being accomplished by SCB or Foothill, the
Bank shall give Foothill and SCB written notice (an "Enforcement Notice") of any
Enforcement Action that the Bank intends to take not less than thirty (30)
business days (the "Forbearance Period") prior to the taking of such Enforcement
Action (which shall set forth in reasonable detail the Bank Event of Default
giving rise to such Enforcement Action). The Bank will forbear from taking any
Enforcement Action during any applicable grace or notice and cure period and
during any Forbearance Period. During any Forbearance Period, Foothill may
provide the Bank with a written notice pursuant to which Foothill irrevocably
commits to acquire all of the remaining right, title, and interest of the Bank
in and to the obligations under the Bank Financing Documents (a "Committed
Buy-Out Notice") in accordance with Section 5(f) hereof.

c. Other than as specifically set forth herein concerning the Bank's Priority
Collateral, nothing herein shall (i) affect in any respect the perfection or the
priority of the security interests of the Existing Creditors (it being
understood and agreed that the security interest of the Existing Creditors in
the Collateral is and shall be senior and prior to the security interests of the
Bank in the Collateral, except as specifically subordinated herein in the Bank's
Priority Collateral to the extent of the Bank's Claims, or (ii) other than as
expressly set forth above with respect to the Bank's Collateral, limit or
restrict in any respect the rights, powers or privileges of the Existing
Creditors to take any Enforcement Action with respect to any of the Collateral
in accordance with the Existing Creditors' Financing Documents. The Bank hereby
waives notice of any actions taken by any Existing Creditor under any Existing
Creditor Financing Document or any other agreement or instrument relating
thereto and all other formalities of every kind in connection with the
enforcement of the Existing Creditors' Claims. Notwithstanding the immediately
preceding sentence, however, the Creditors acknowledge that a default under the
Existing Creditors' Financing Documents constitutes a default under the Bank's
Financing Documents.

d. In the event of a default under the Bank's Financing Documents which occurs
solely as a result of a default under the Existing Creditors' Financing
Documents ("Cross-Default"), and not as a result of a default under any other
provision of the Bank's Financing Documents, the Bank agrees that if Foothill
amends, waives or otherwise modifies, or grants any consent with respect to any
provision of any Existing Creditors' Financing Document which has the effect of
curing or waiving such default under the Existing Creditors' Financing
Documents, such Cross-Default under the Bank's Financing Documents shall be
deemed waived by the Bank and the Bank shall execute and deliver promptly upon
request by Foothill an acknowledgment of such waiver, duly executed on behalf of
the Bank.

                                       7
<PAGE>

e. Until the Bank's Claims have been paid or satisfied in full, the Existing
Creditors shall not take any Enforcement Action against the Bank's Priority
Collateral without first obtaining the prior written consent of the Bank.

f. If Foothill gives the Committed Buy-Out Notice to the Bank as in accordance
with Section 4(b) hereof, Foothill shall be obligated to pay to the Bank within
five (5) business days a purchase price equal to: 100% of the outstanding
principal of the Loan (as such term is defined in the Bank Loan Agreement),
other than any applicable prepayment premium that may be due under the Bank's
Financing Documents, to the extent earned or due and payable in accordance with
the Bank Loan Agreement (as in effect on the date hereof), all interest accrued
thereon and remaining unpaid at the time of transfer from the Bank to Foothill,
and all expenses to the extent earned or due and payable in accordance with the
Bank Loan Agreement. At such time, the Bank shall promptly assign to Foothill,
without any representation, recourse, or warranty whatsoever (except that the
Bank shall warrant to Foothill that (1) the amount quoted by the Bank as its
portion of the purchase price represents the amount shown as due with respect to
the claims transferred as reflected on its books and records, (2) it owns, or
has the right to transfer to Foothill, the rights being transferred, and (3)
such transfer will be free and clear of liens and adverse claims), its right,
title, and interest with respect to the obligations due under the Bank's
Financing Documents, at no expense to Foothill other than the reimbursement by
Foothill of the reasonable out-of-pocket expenses of the Bank and the legal
counsel thereof in connection with documenting and effecting such assignment and
the related delivery to Foothill of the original Bank Financing Documents in the
possession of the Bank. In connection with such assignment, the Bank shall
deliver to Foothill any original Bank Financing Documents and any of the Bank's
Collateral in the Bank's possession, and execute such other documents,
instruments, and agreements reasonably necessary to effect such assignment.

6. Waiver of Right to Require Marshaling. Each Creditor hereby expressly waives
any right that it otherwise might have to require the other Creditors to marshal
assets or to resort to any of the Collateral in any particular order or manner,
whether provided for by common law or statute, provided that this paragraph
shall not override any specific provision of this Agreement. No Creditor shall
be required to enforce any guaranty or any security interest given by any person
or entity other than SCB as a condition precedent or concurrent to the taking of
any Enforcement Action.

7. Exercise of Remedies. Subject only to any express provision of this Agreement
that requires a Creditor to take or refrain from taking an action, each Creditor
may exercise its good faith discretion with respect to exercising or refraining
from exercising any of its rights and remedies or taking any Enforcement Action.
The Bank agrees that the Existing Creditors shall not incur any liability to the
Bank for taking or refraining from taking any action with respect to the
Existing Creditors" Collateral. The Existing Creditors agrees that the Bank
shall not incur any liability to the Existing Creditors for taking or refraining
from taking any action with respect to the Bank Collateral.

8. UCC Notices. Without limiting any other provisions of this Agreement that
requires a Creditor to give notice to other Creditors, in the event that any
Creditor shall be required by the

                                        8
<PAGE>

UCC or any other applicable law to give any notice to the other Creditors, such
notice shall be given in accordance with Section 19 hereof and five (5) days'
notice shall be conclusively deemed to be commercially reasonable.

9. Independent Credit Investigations. No Creditor, or any of its directors,
officers, agents or employees shall be responsible to the other Creditors or to
any other person or entity, for SCB's solvency, creditworthiness, financial
condition or ability to repay any of the Claims or for the accuracy of any
recitals, statements, representations or warranties of SCB, oral or written, or
for the validity, sufficiency, enforceability or perfection of the Claims or the
Financing Documents, or any security interests or liens granted by SCB to any
Creditor in connection therewith. Each Creditor has entered into its respective
Financing Documents with SCB based upon its own independent investigation, and
makes no warranty or representation to the other Creditors, nor does it rely
upon any representation of the other Creditors with respect to matters
identified or referred to in this paragraph. No Creditor shall have any
responsibility to the other Creditors for monitoring or assuring compliance by
SCB with any of SCB's covenants or representations made to any other Creditor.
Without limiting the generality of the foregoing, any Creditor may perform in
accordance with the terms of its Financing Documents (subject to this Agreement)
without regard to whether SCB's performance in accordance with the terms thereof
might or would constitute or result in a breach of covenants or representations
under the other Creditor's Financing Documents, and under no circumstances shall
any Creditor be liable to the other Creditor for inducing a breach or violation
of the other Creditors' Financing Documents by virtue of performing in
accordance with the terms of its own Financing Documents (subject to this
Agreement).

10. Non-Avoidability and Perfection of Liens. The subordinations and relative
priorities set forth in this Agreement are applicable regardless of whether the
security interest to which another security interest is subordinated is not
perfected, or is voidable for any reason.

11. Amendments. Modifications and Increases. Each Creditor may enter into
amendments, modifications, renewals or extensions of its Financing Documents
with SCB, or may increase or decrease the credit facilities made available by it
to SCB, without in any way affecting the rights and obligations of the other
Creditors under this Agreement. Should any Creditor cease extending further
credit to SCB, this Agreement nevertheless shall continue in effect as to the
outstanding Claims of each Creditor until this Agreement is terminated as set
forth in Section 12 hereof.

12. Termination. This Agreement is a continuing agreement, and, unless all
Creditors have specifically consented in writing to its earlier termination,
this Agreement shall remain in full force and effect in all respects until the
earlier of (a) such time as the Existing Creditors' Claims are paid or otherwise
satisfied in full, the Existing Creditors have no further commitment to extend
credit facilities to SCB, and the Existing Creditors have released or terminated
their security interest in the Existing Creditors' Collateral, or (b) such time
as the Bank's Claims are paid or otherwise satisfied in full.

13. Accountings. Each Creditor agrees, upon the occurrence of any Enforcement
Action, to provide the other Creditors upon reasonable request periodic
accountings of the amount of such Creditor's Claims, giving effect to any
applications of realizations upon any of the Collateral.

                                       9
<PAGE>

14. Bankruptcy Issues, Except as provided in this Section 14, this Agreement
shall continue in full force and effect after the commencement of a case by any
of the parties hereto under the United States Bankruptcy Code and all converted
or succeeding cases in respect thereof ("Bankruptcy Case") (all references
herein to SCB being deemed to apply to SCB as debtor-in-possession and to a
trustee for SCB's estate in a Bankruptcy Case), and shall apply with full force
and effect with respect to all Collateral acquired by SCB, and to all the
Existing Creditors" Claims and the Bank's Claims incurred by SCB, subsequent to
such commencement.

15. Effect of Dispositions of Collateral on Junior Security Interests. Other
than in connection with any portion of the Bank's Collateral which is included
as part of the Existing Creditors' Collateral, the Creditors agree that (a) any
UCC collection, sale or other disposition of the Existing Creditors' Collateral
by the Existing Creditors' shall be free and clear of any security interest,
lien, claim or offset of the Bank in such Existing Creditors' Collateral, and
(b) except in connection with the disposition of the Servicing Fees which shall
be controlled by the terms of this Agreement set forth above, any UCC
collection, sale or other disposition of the Bank's Collateral by the Bank shall
be free and clear of the junior security interests of the Existing Creditors in
such Bank Collateral. To the extent reasonably requested by any Creditor, the
other Creditors will cooperate in providing any necessary or appropriate
releases to permit a collection, sale or other disposition of Collateral by the
Creditor holding the senior security interest therein, free and clear of the
other Creditors' junior security interest.

16. Construction. Unless the context of this Agreement clearly requires
otherwise, references to the plural include the singular, the singular includes
the plural, the part includes the whole, "including" is not limiting, and "or"
has the inclusive meaning represented by the phrase "and/or." The words
"hereof," "herein," "hereby," "hereunder," and similar terms in this Agreement
refer to this Agreement as a whole and not to any particular provision of this
Agreement. Section references are to this Agreement unless otherwise specified.

17. Modifications in Writing. No amendment, modification, supplement,
termination, consent, or waiver of or to any provision of this Agreement nor any
consent to any departure therefrom shall in any event be effective unless the
same shall be in writing and signed by or on behalf of each of the Creditors.
Any waiver of any provision of this Agreement, or any consent to any departure
from the terms of any provisions of this Agreement, shall be effective only in
the specific instance and for the specific purpose for which given.

18. Waivers; Failure or Delay. No failure or delay on the part of any Creditor
in the exercise of any power, right, remedy, or privilege under this Agreement
shall impair such power, right, remedy, or privilege or shall operate as a
waiver thereof; nor shall any single or partial exercise of any such power,
right, or privilege preclude any other or further exercise of any other power,
right, or privilege. The waiver of any such right, power, remedy, or privilege
with respect to particular facts and circumstances shall not be deemed to be a
waiver with respect to other facts and circumstances.

19. Notices and Communications. All notices, demands, instructions, and other
communications required or permitted to be given to or made upon any party
hereto shall be in writing and shall be delivered or sent by first-class mail,
postage prepaid, and shall be deemed to

                                       10
<PAGE>

be given for purposes of this Agreement on the day that such writing is properly
dispatched in accordance with the terms hereof to the intended recipient. Unless
otherwise specified in a notice mailed or delivered in accordance with the
foregoing provisions of this section, notices, demands, instructions and other
communications in writing shall be given to or made upon the respective parties
hereto at their respective addresses indicated on the signature pages hereof.

20. Headings. Section headings used in this Agreement are for convenience of
reference only and shall not constitute a part of this Agreement for any purpose
or affect the construction of this Agreement.

21. Execution in Counterparts. This Agreement may be executed in any number of
counterparts and by different parties on separate counterparts, each of which
counterparts, when so executed and delivered, shall be deemed to be an original
and all of which counterparts, taken together, shall constitute but one and the
same Agreement. This Agreement shall become effective upon the execution and
delivery of a counterpart hereof by each of the parties hereto.

22. Severability of Provisions. Any provision of this Agreement which is
illegal, invalid, prohibited, or unenforceable in any jurisdiction shall, as to
such jurisdiction, be ineffective to the extent of such illegality, invalidity,
prohibition, or unenforceability without invalidating or impairing the remaining
provisions hereof or affecting the validity or enforceability of such provision
in any other jurisdiction.

23. Complete Agreement. This Agreement is intended by the parties as a final
expression of their agreement and is intended as a complete statement of the
terms and conditions of their agreement. This Agreement shall not be modified
except in a writing signed by the party to be charged, and may not be modified
by conduct or oral agreements.

24. Successors and Assigns. This Agreement is binding upon and inures to the
benefit of the successors and assigns of each Creditor. Each Creditor agrees to
maintain a copy of this Agreement together with its copies of the Financing
Documents relating to its Claims. Each Creditor expressly reserves its right to
transfer or assign its Claims, in whole or in part, together with its rights
hereunder, provided that, prior to transferring or assigning any interest in its
Claims to any person or entity, each Creditor shall disclose to such person or
entity the existence and contents of this Agreement, shall provide to such
person or entity a complete and legible copy hereof, and shall advise such
person or entity that such Creditor's security interest in the Collateral is
subject to the terms hereof.

25. Attorneys' Fees and Disbursements. In the event of any dispute concerning
the meaning or interpretation of this Agreement that results in litigation, or
in the event of any litigation by a party to enforce the provisions hereof, the
prevailing party shall be entitled to recover from the nonprevailing party its
reasonable attorneys' fees and disbursements, and any actual court costs
incurred.

26. Release of Collateral. The Creditors agree that any Creditor may release or
refrain from enforcing its security interest in any Collateral, or permit the
use or consumption of such Collateral by SCB free of such Creditor's security
interest, without incurring any liability to the other Creditors.

                                       11
<PAGE>

27. Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of Tennessee, without regard for any other
applicable choice of law provision.

28. Prior Subordination Agreement. The Prior Subordination Agreement (i) remains
in full force and effect; and (ii) controls all rights, duties and obligations
of the Existing Creditors, as between themselves, and their Obligations as to
the irrespective priorities in the Existing Creditors" Collateral.

         IN WITNESS WHEREOF, Creditors have entered into this Intercreditor
Agreement as of the date first set forth above, intending to be legally bound
hereby.

                           [SIGNATURE PAGES TO FOLLOW]

                                       12
<PAGE>
                                       The "Existing Creditors"

                                       WELLS FARGO FOOTHILL, INC.

                                       By:  /s/ David Sanchez
                                            ------------------------------------
                                       Name: David Sanchez
                                             -----------------------------------
                                       Title: Vice President
                                              ----------------------------------
                                       Address: One Boston Place
                                                18th Floor
                                                Boston, MA  02108

                                       -----------------------------------------

                                       -----------------------------------------

                                       -----------------------------------------

                                       13
<PAGE>

                                   THE STATE BANK AND TRUST COMPANY

                                   By: /s/ David A. Boyd, EVP
                                       -----------------------------------------
                                       David A. Boyd, Executive Vice President

                                   Address: 401 Clinton Street
                                            Defiance, OH  43512

                                   ---------------------------------------------

                                   ---------------------------------------------

                                   ---------------------------------------------

                                       14
<PAGE>

                                    The "Bank"

                                    FIRST TENNESSEE BANK NATIONAL ASSOCIATION

                                    By: /s/ Bob Nieman, S.V.P.
                                       -----------------------------------------
                                    Name: Bob Nieman
                                    Title: Senior Vice President

                                    Address:

                                    --------------------------------------------

                                    --------------------------------------------

                                    --------------------------------------------

                                       15
<PAGE>

         The undersigned, SCB COMPUTER TECHNOLOGY, INC. ("SCB"), hereby
acknowledges receipt of a copy of the foregoing Intercreditor Agreement (the
"Intercreditor Agreement"; all capitalized terms used and not otherwise defined
herein shall have the respective meanings ascribed to them in the Intercreditor
Agreement) and consents to the terms thereof. SCB acknowledges and agrees that
any payments or other amounts received by a Creditor which are required to be
turned over or otherwise remitted by such Creditor to the other Creditors
pursuant to the terms of the Intercreditor Agreement shall not be deemed to be
payments on the Claims of the Creditor who is required to turn over or otherwise
remit such payments or other amounts to the other Creditors.

                  Executed this 15th day of June, 2003.

                                       SCB COMPUTER TECHNOLOGY, INC.

                                       By:   /s/ Michael J. Boling
                                           -------------------------------------
                                       Name:  Michael J. Boling
                                              ----------------------------------
                                       Title: Executive Vice President
                                              ----------------------------------

                                       16

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