Document:

FIFTH AMENDMENT TO TERM LOAN AGREEMENT

     This  Amendment,  dated as of August 10, 2000 (this "Amendment") is entered
into  by  and  among  Policy  Management  Systems  Corporation, a South Carolina
corporation  (the  "Borrower"),  the Subsidiaries of the Borrower parties hereto
(the  "Guarantors"),  the  financial  institutions  parties  to  this  Agreement
(collectively,  the  "Banks";  individually, a "Bank") and Bank of America, N.A.
(formerly  known  as Bank of America National Trust and Savings Association), as
Agent  (the  "Agent").

                                    RECITALS
                                    --------

     The Borrower, the Guarantors, the Agent and the Banks are parties to a Term
Loan  Agreement dated as of November 5, 1999, as amended by a First Amendment to
Term  Loan  Agreement  dated  as  of  February  10, 2000, as amended by a Second
Amendment  to  Term  Loan  Agreement dated as of March 30, 2000, as amended by a
Third  Amendment  to  Term  Loan  Agreement  dated  as of April 24, 2000, and as
further  amended  by  a  Consent, Waiver and Amendment dated as of June 19, 2000
(the  "Credit  Agreement")  pursuant  to  which  the Banks extended a term loan.
Capitalized  terms  used  and not otherwise defined or amended in this Amendment
shall  have  the meanings respectively assigned to them in the Credit Agreement.

     The  Borrower has requested that the Banks modify certain provisions of the
Credit  Agreement  and  the  Banks  have agreed to do so, all upon the terms and
provisions  and  subject  to  the  conditions  hereinafter  set  forth.

                                    AGREEMENT
                                    ---------

     In  consideration  of  the foregoing and the mutual covenants and agreement
hereinafter  set  forth,  the  parties  hereto  mutually  agree  as  follows:

A.   AMENDMENTS
     ----------

     1.     Amendment to Section 1.1. Section 1.1(a) is hereby amended by adding
            ------------------------
the  following  definition  of  "Required  Lenders"  to  the  definitions in the
appropriate alphabetical  order:

            "Required  Lenders"  means  the  Banks.
             -----------------

     2.     Amendment  to  Section 5.12. Section 5.12 of the Credit Agreement is
            ---------------------------
hereby  amended  and  restated  in  its  entirety  to  read  as  follows:

Minimum Consolidated Tangible Net Worth.  At any date, Consolidated Tangible Net
---------------------------------------
Worth  will  not  be  less  than  (i)  $126,718,000 until September 29, 2000 and
$196,718,000  on  September 30, 2000 and thereafter plus on an annual basis (ii)
                                                    ----
beginning  with  the  fiscal year beginning January 1, 1999, 50% of Consolidated
Net  Income,  if  positive.  There  shall  be  excluded  from the calculation of
Consolidated  Tangible  Net  Worth  (i)  all  acquisition  related  charges  of
intangibles  and any amounts that have been expended to repurchase shares of the
Borrower's  common  stock,  in each case, since August 8, 1997 and (ii) fees and
expenses  paid  in  connection with the termination of the merger agreement with
Welsh,  Carson,  Anderson  &  Stowe  and  accrued  by the Borrower on its income
statement  in  accordance  with  GAAP  in  an  amount not to exceed $24,000,000.

<PAGE>
     3.     Amendment  to  Section 5.21. Section 5.21 of the Credit Agreement is
            ---------------------------
hereby  amended  and  restated  in  its  entirety  to  read  as  follows:

            Consolidated  Adjusted  Cash  Flow.  The  Borrower  will  cause
            --------------------------------
Consolidated Adjusted Cash  Flow  minus  Capital Expenditures to equal or exceed
                                  -----
the  following  amounts for the quarterly period ending on each of the following
dates:  (i)  March 31, 2000,  ($2,000,000), (ii) June 30, 2000, $10,000,000, and
(iii) September 30, 2000, $30,000,000, provided,  however  that for the purposes
                                       --------
of either (ii) or (iii) above  only,  such  calculation  shall  exclude fees and
expenses paid in connection with the  termination  of  the merger agreement with
Welsh, Carson, Anderson & Stowe  and  accrued  by  the  Borrower  on  its income
statement  in  accordance  with  GAAP  in  an  aggregate  amount  not  to exceed
$24,000,000.

     4.     Amendment to Pricing Schedule. The Pricing Schedule shall be amended
            -----------------------------
and restated  as  per  the  attachment  hereto.

B.   REPRESENTATIONS  AND  WARRANTIES
     --------------------------------

     The  Borrower  and the Guarantors hereby represent and warrant to the Agent
and  Banks  that:

     1.     After giving effect to this Amendment, no Event of Default specified
in  the Credit Agreement and no event which with notice or lapse of time or both
would  become  such  an  Event  of  Default  has  occurred  and  is  continuing;

     2.     After  giving  effect  to  this  Amendment,  the representations and
warranties  of  the Borrower and the Guarantors pursuant to the Credit Agreement
are  true  on  and  as of the date hereof as if made on and as of said date; and

     3.     The  making  and  performance  by the Borrower and the Guarantors of
this  Amendment  have  been  duly  authorized by all necessary corporate action.

C.   EFFECTIVENESS;  CONDITIONS
     --------------------------

     This Amendment will become effective as of  June 30, 2000 upon execution by
the  Required  Banks  (the "Effective Date").  The Borrower shall provide to the
Agent  in  form  and  substance  satisfactory  to  the  Agent,  the  following:

     1.     Execution  of  Counterparts  of  Amendment.  The  Agent  shall  have
            ------------------------------------------
received  counterparts  (or  other  evidence  of execution, including telephonic
message,  satisfactory to the Agent) of this Amendment, which collectively shall
have been duly executed on behalf of each of the Borrower, the Guarantors (other
than  Policy  Management  Systems  Investments, Inc., whose executed counterpart
shall  not  be required to be delivered to the Agent until August 15, 2000), the
Banks  and  the  Agent.

     2.     Amendment  Fee. The Borrower shall have paid an amendment fee to the
            --------------
Agent  for  the  account of the consenting Banks equal to 0.10% of the aggregate
outstanding  Loans  in  accordance  with  their  Pro  Rata  Share.

     3.     Other  Fees.  The  Borrower  shall  have  paid  to  the  Agent  all
            -----------
other  fees  due  and  payable  to  the  Agent  as  agreed  to  by the Borrower.

<PAGE>
     4.     Other  Items.  The  Agent  shall have received such other documents,
            ------------
agreements  or  information  which  may  be  reasonably  requested by the Agent.

D.   MISCELLANEOUS
     -------------

     1.     This  Amendment may be signed in any number of counterparts, each of
which  shall  be  an original, with same effect as if the signatures thereto and
hereto  were  upon  the  same  instrument.

     2.     Except  as  herein  specifically  amended,  all terms, covenants and
provisions  of  the  Credit  Agreement shall remain in full force and effect and
shall  be  performed by the parties hereto according to its terms and provisions
and  all  references  therein  or  in the Exhibits shall henceforth refer to the
Credit  Agreement  as  amended  by  this  Amendment.

     3.     This Amendment shall be governed by and construed in accordance with
the  laws  of  the  State  of  New  York.

<PAGE>
     IN WITNESS WHEREOF,  the  parties  hereto  have executed and delivered this
Amendment  as  of  the  date  first  written.

BORROWER:     POLICY  MANAGEMENT  SYSTEMS
               CORPORATION

              By:  /S/  Stephen  G.  Morrison
                   --------------------------
              Title:  Exec.  Vice  President  and  General  Counsel
                      ---------------------------------------------

GUARANTORS:
              MYND  CORPORATION  F/K/A  CYBERTEK
               CORPORATION
              MYND  INTERNATIONAL,  LTD.
              MYND  PARTNERS,  L.P.  F/K/A  CYBERTEK
              SOLUTIONS,  L.P.
                   By:  POLICY  MANAGEMENT
                   SYSTEMS  CORPORATION,  its  General
                   Partner
              MYND  CORPORATION  F/K/A  DORN
               TECHNOLOGY  GROUP,  INC.
              MYND  CORPORATION  F/K/A  THE
               LEVERAGE  GROUP,  INC.
              SOFTWARE  SERVICES  HOLDING,  INC.

              By:  /S/  Stephen  G.  Morrison
                -----------------------------
              Title:  Secretary____________________
                      ---------

<PAGE>
              POLICY  MANAGEMENT  SYSTEMS
               INVESTMENTS,  INC.

              By:_/S/  Elizabeth  Powers_______
                  ----------------------
              Title:  ___President________________
                         ---------

<PAGE>
BANKS:        BANK  OF  AMERICA,  N.A.

              By:/S/  Michael  J.  McKenney
                 --------------------------
              Title:   Managing  Director
                     --------------------

              WACHOVIA  BANK,  N.A.

              By:/S/  Donald  E.  Sellers,  Jr.
                 ------------------------------
              Title:  Senior  Vice  President
                     ------------------------

              FIRST  UNION  NATIONAL  BANK

              By:/S/  Franklin  M.  Wesssinger
                 -----------------------------
              Title:  Senior  Vice  President
                      -----------------------

<PAGE>
                                PRICING SCHEDULE

     Each  of  "Base  Rate Margin", "Euro-Dollar Margin" and "Facility Fee Rate"
means,  for  any  date,  the  rates  set  forth  below:

Base  Rate  Margin:

     July  16,  2000  through  October  15,  2000         1.00%
     October  16,  2000  through  July  1,  2001          2.00%

Euro-Dollar  Margin:

     July  16,  2000  through  October  15,  2000         3.75%
     October  16,  2000  through  July  1,  2001          4.75%

Facility  Fee  Rate                                       0.50%SIXTH AMENDMENT TO CREDIT AGREEMENT

     This  Amendment,  dated as of August 10, 2000 (this "Amendment") is entered
into  by  and  among  Policy  Management  Systems  Corporation, a South Carolina
corporation  (the  "Borrower"),  the Subsidiaries of the Borrower parties hereto
(the  "Guarantors"),  the  financial  institutions  parties  to  this  Agreement
(collectively,  the  "Banks";  individually, a "Bank") and Bank of America, N.A.
(formerly  known  as Bank of America National Trust and Savings Association), as
Agent  (the  "Agent").

                                    RECITALS
                                    --------

     The  Borrower,  the  Guarantors,  the  Agent and the Banks are parties to a
Credit  Agreement dated as of August 8, 1997, as amended by a First Amendment to
Credit  Agreement dated as of November 5, 1999, as amended by a Second Amendment
to  Credit  Agreement  dated  as  of  February  10,  2000, as amended by a Third
Amendment to Credit Agreement dated as of March 30, 2000, as amended by a Fourth
Amendment to Credit Agreement dated as of April 24, 2000, and as further amended
by  a  Consent,  Waiver and Fifth Amendment to Credit Agreement dated as of July
14,  2000,  (the  "Credit  Agreement")  pursuant  to  which the Banks extended a
revolving facility.  Capitalized terms used and not otherwise defined or amended
in  this  Amendment shall have the meanings respectively assigned to them in the
Credit  Agreement.

     The  Borrower has requested that the Banks modify certain provisions of the
Credit  Agreement  and  the  Banks  have agreed to do so, all upon the terms and
provisions  and  subject  to  the  conditions  hereinafter  set  forth.
                                    AGREEMENT
                                    ---------

     In  consideration  of  the foregoing and the mutual covenants and agreement
hereinafter  set  forth,  the  parties  hereto  mutually  agree  as  follows:

A.   AMENDMENTS
     ----------

     1.     Amendment  of  Section  1.1.
            ---------------------------

            (a)     Section  1.1(a)  is  hereby  amended by adding the following
definition  of  "Base  Rate  Margin"  to  the  definitions  in  the  appropriate
alphabetical  order:

            "Base  Rate  Margin" means a rate per annum determined in accordance
with  the  Pricing  Schedule.

            (b)     Section  1.1(a)  is  hereby  amended by adding the following
definition  of  "Required  Lenders"  to  the  definitions  in  the  appropriate
alphabetical  order:

            "Required  Lenders"  means  the  Required  Banks.

     2.     Amendment  of Section 2.8(a). Section 2.8(a) of the Credit Agreement
            -----------------------------
is  hereby  amended  by  deleting the first sentence thereof in its entirety and
substituting  the  following  therefor:

            (a)     Each  Base  Rate  Committed  Loan shall bear interest on the
outstanding  principal  amount  thereof  for each day from the date such Loan is
made until it becomes due, at a rate per annum equal to the sum of the Base Rate
plus  the  Base  Rate  Margin.
----

<PAGE>
     3.     Amendment  to  Section 5.12. Section 5.12 of the Credit Agreement is
            ----------------------------
hereby  amended  and  restated  in  its  entirety  to  read  as  follows:

            Minimum Consolidated Tangible Net Worth.  At  any date, Consolidated
            ---------------------------------------
Tangible  Net  Worth  will not be less than (i) $126,718,000 until September 29,
2000  and  $196,718,000  on  September 30, 2000 and thereafter plus on an annual
                                                               ----
basis  (ii)  beginning  with  the  fiscal year beginning January 1, 1999, 50% of
Consolidated  Net  Income,  if  positive.  There  shall  be  excluded  from  the
calculation  of  Consolidated  Tangible  Net  Worth  (i) all acquisition related
charges  of  intangibles  and  any amounts that have been expended to repurchase
shares  of  the  Borrower's common stock, in each case, since August 8, 1997 and
(ii)  fees  and  expenses  paid in connection with the termination of the merger
agreement  with  Welsh,  Carson, Anderson & Stowe and accrued by the Borrower on
its  income  statement  in  accordance  with  GAAP  in  an  amount not to exceed
$24,000,000.

     4.     Amendment  to  Section 5.22. Section 5.22 of the Credit Agreement is
            ---------------------------
hereby  amended  and  restated  in  its  entirety  to  read  as  follows:

            Consolidated  Adjusted  Cash  Flow.  The  Borrower  will  cause
            ----------------------------------
Consolidated Adjusted Cash  Flow  minus  Capital Expenditures to equal or exceed
                                  -----
the  following  amounts for the quarterly period ending on each of the following
dates:  (i) March 31, 2000, ($2,000,000), (ii)  June  30, 2000, $10,000,000, and
(iii) September 30, 2000, $30,000,000, provided,  however  that for the purposes
                                       --------
of  either (ii) or (iii) above, such calculation shall exclude fees and expenses
paid in connection with  the  termination  of  the  merger agreement with Welsh,
Carson, Anderson & Stowe and accrued by  the Borrower on its income statement in
accordance with GAAP  in  an  aggregate  amount  not  to  exceed  $24,000,000.

     5.     Amendment to Pricing Schedule. The Pricing Schedule shall be amended
            -----------------------------
and restated  as  per  the  attachment  hereto.

B.   REPRESENTATIONS  AND  WARRANTIES
     --------------------------------

     The  Borrower  and the Guarantors hereby represent and warrant to the Agent
and  Banks  that:

     1.     After giving effect to this Amendment, no Event of Default specified
in  the Credit Agreement and no event which with notice or lapse of time or both
would  become  such  an  Event  of  Default  has  occurred  and  is  continuing;

     2.     After  giving  effect  to  this  Amendment,  the representations and
warranties  of  the Borrower and the Guarantors pursuant to the Credit Agreement
are  true  on  and  as of the date hereof as if made on and as of said date; and

     3.     The  making  and  performance  by the Borrower and the Guarantors of
this  Amendment  have  been  duly  authorized by all necessary corporate action.

C.   EFFECTIVENESS;  CONDITIONS
     --------------------------

     This Amendment will become effective as of  June 30, 2000 upon execution by
the  Required  Banks  (the "Effective Date").  The Borrower shall provide to the
Agent  in  form  and  substance  satisfactory  to  the  Agent,  the  following:

<PAGE>
     1.     Execution  of  Counterparts  of  Amendment.  The  Agent  shall  have
            ------------------------------------------
received counterparts  (or  other  evidence  of  execution, including telephonic
message,  satisfactory to the Agent) of this Amendment, which collectively shall
have been duly executed on behalf of each of the Borrower, the Guarantors (other
than  Policy  Management  Systems  Investments, Inc., whose executed counterpart
shall  not  be required to be delivered to the Agent until August 15, 2000), the
Banks  and  the  Agent.

     2.     Amendment  Fee. The Borrower shall have paid an amendment fee to the
            --------------
Agent  for the account of the consenting Banks equal to 0.10% of the Commitments
in  accordance  with  their  Pro  Rata  Share.

     3.     Other  Fees.  The  Borrower  shall  have  paid to the Agent all
                 -----------
other  fees  due  and  payable  to  the  Agent  as  agreed  to  by the Borrower.

     4.     Other  Items.  The  Agent  shall  have  received  such  other
                 ------------
documents,  agreements  or  information which may be reasonably requested by the
Agent.

D.   MISCELLANEOUS
     -------------

     1.     This  Amendment may be signed in any number of counterparts, each of
which  shall  be  an original, with same effect as if the signatures thereto and
hereto  were  upon  the  same  instrument.

     2.     Except  as  herein  specifically  amended,  all terms, covenants and
provisions  of  the  Credit  Agreement shall remain in full force and effect and
shall  be  performed by the parties hereto according to its terms and provisions
and  all  references  therein  or  in the Exhibits shall henceforth refer to the
Credit  Agreement  as  amended  by  this  Amendment.

     3.     This Amendment shall be governed by and construed in accordance with
the  laws  of  the  State  of  New  York.

<PAGE>

     IN  WITNESS  WHEREOF,  the  parties hereto have executed and delivered this
Amendment  as  of  the  date  first  written.

BORROWER:     POLICY  MANAGEMENT  SYSTEMS
               CORPORATION

              By:__/S/  Stephen  G.  Morrison______
                   --------------------------
              Title:  Exec.  Vice  President  and  General  Counsel
                      ---------------------------------------------

GUARANTORS:   MYND  CORPORATION  F/K/A  CYBERTEK
               CORPORATION
              MYND  INTERNATIONAL,  LTD.
              MYND  PARTNERS,  L.P.  F/K/A  CYBERTEK
               SOLUTIONS,  L.P.
                   By:  POLICY  MANAGEMENT
                   SYSTEMS  CORPORATION,  its  General
                   Partner
              MYND  CORPORATION  F/K/A  DORN
               TECHNOLOGY  GROUP,  INC.
              MYND  CORPORATION  F/K/A  THE  LEVERAGE
               GROUP,  INC.
              SOFTWARE  SERVICES  HOLDING,  INC.

              By:  /S/  Stephen  G.  Morrison
                   --------------------------
              Title:  Secretary________________________
                      ---------

<PAGE>

              POLICY  MANAGEMENT  SYSTEMS
               INVESTMENTS,  INC.

              By:/S/  Elizabeth  D.  Powers
                 --------------------------
              Title:  President
                    -----------

<PAGE>
BANKS:
              BANK  OF  AMERICA,  N.A.

              By:/S/  Michael  J.  McKenney
                 --------------------------
              Title:   Managing  Director
                     --------------------

              WACHOVIA  BANK,  N.A.

              By:/S/  Donald  E.  Sellers,  Jr.
                 ------------------------------
              Title:  Senior  Vice  President
                     ------------------------

              FIRST  UNION  NATIONAL  BANK

              By:/S/  Franklin  M.  Wesssinger
                 -----------------------------
              Title:  Senior  Vice  President
                      -----------------------

<PAGE>

              DEUTSCHE  BANK  AG,  NEW  YORK
              BRANCH  AND/OR  CAYMAN  ISLANDS
              BRANCH

              By:__/S/  David  G.  Dickinson,  Jr.______
                 ---------------------------------
              Title:  _Vice  President_______________
                       ---------------

              By:_/S/  Christoph  Koch______________
                  --------------------
              Title:  __Vice  President_______________
                        ---------------

              DAI-ICHI  KANGYO  BANK,  LTD.

              By:  /S/  Nelson  Y.  Chang
              ---------------------------
              Title:  _  Vice  President
              --------------------------

              THE  FUJI  BANK,  LIMITED

              By:  /S/  Raymond  Ventura
                 -----------------------
              Title:

<PAGE>
                                PRICING SCHEDULE

     Each  of  "Base  Rate Margin", "Euro-Dollar Margin" and "Facility Fee Rate"
means,  for  any  date,  the  rates  set  forth  below:

Base  Rate  Margin:

     July  16,  2000  through  October  15,  2000         1.00%
     October  16,  2000  through  July  1,  2001          2.00%

Euro-Dollar  Margin:

     July  16,  2000  through  October  15,  2000         3.75%
     October  16,  2000  through  July  1,  2001          4.75%

Facility  Fee  Rate                                       0.50%

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00013-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00013-of-00352.parquet"}]]