Document:

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                                                                  EXHIBIT 10.22

                      SECOND AMENDMENT TO LEASE AGREEMENT

         The parties to this Second Amendment to Lease Agreement (the
"Amendment") are ARBORS ASSOCIATES, LTD., a Florida limited partnership (the
"Landlord") and SMITH-GARDNER & ASSOCIATES, INC., a Florida corporation
formerly known as SMITH GARDNER AND ASSOCIATES, INC. (the "Tenant"), who, for
good and valuable consideration, the receipt and sufficiency of which are
acknowledged, agree as follows:

          1.       BACKGROUND.

                  1.1      Landlord and Tenant entered into that certain Lease
dated July 1, 1994 (the "Lease") for Suite 100, 1615 Congress Avenue, Delray
Beach, Florida (the "Original Premises").

                  1.2      Landlord and Tenant entered into that certain First
Amendment to Lease Agreement dated September 22, 1997. However, the
contingencies to the First Amendment were not satisfied and the First Amendment
is now null and void and of no further effect.

                  1.3      Tenant wishes to expand the Premises to include
additional space.

                  1.4      Tenant wishes to extend the term of the Lease.

                  1.5      Landlord and Tenant now wish to amend the Lease on
the terms and conditions contained in this Amendment.

         2.       DEFINITIONS. Capitalized terms used but not defined in this
Amendment shall have the same definitions given to them in the Lease, unless
the context clearly indicates a contrary intent. If there is any conflict
between the terms of this Amendment and the Lease, the terms of this Amendment
shall control. For purposes of this Amendment, the term "Date of this
Amendment" shall mean the date on which this Amendment is executed by the last
one of the parties to do so.

         3.       EXPANSION OF PREMISES. As of December 1, 1999 (the "EXPANSION
SPACE COMMENCEMENT DATE"), the Premises shall be expanded to include all of the
space which is depicted in the sketch attached to this Amendment as EXHIBIT "A"
and made a part of this Amendment (THE "EXPANSION SPACE"), as well as the
Original Premises. The area of the Expansion Space is conclusively deemed for
all purposes under this Amendment and the Lease to be 26,702 rentable square
feet. The area of the Premises, including the Expansion Space, is conclusively
deemed for all purposes under this Amendment and the Lease to be 72,827
rentable square feet. These square footage figures are stipulated amounts,
agreed upon by the parties, and constitute a material part of the economic
basis of this Amendment and the consideration to Landlord in entering into this
Amendment. They shall not be adjusted without the written consent of Landlord
and Tenant. From and after the Expansion Space Commencement Date, whenever the
term Premises is used in the Lease or this Amendment it shall include the
Original Premises and the Expansion Space.

         4.       TERM. The Term as to the Expansion Space shall expire on
December 31, 2006. Also, the Term as to the Original Premises is extended for
an additional 60 calendar months,

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commencing January 1, 2002, and expiring December 31, 2006, so that the Term
for the entire Premises (the Expansion Space and the Original Premises) shall
be co-terminus

         5.       BASE RENTAL.

                  5.1      As of January 1, 2002, the Base Rental for the
Original Premises portion of the Premises (excluding sales tax) shall be:

<TABLE>
<CAPTION>
                  PERIOD                     MONTHLY RENT                       ANNUAL RENT
                  ------                     ------------                       -----------
          <S>                                <C>                                <C>
          01/01/02 - 12/31/02                $56,118.75                         $673,425.00
          01/01/03 - 12/31/03                $58,348.13                         $700,177.50
          01/01/04 - 12/31/04                $60,692.81                         $728,313.75
          01/01/05 - 12/31/05                $63,114.38                         $757,372.50
          01/01/06 - 12/31/06                $65,651.25                         $787,815.00
</TABLE>

                  5.2      As of December 1, 1999, the Base Rental for the
Expansion Space portion of the Premises (excluding sales tax) shall be:

<TABLE>
<CAPTION>
                  PERIOD                     MONTHLY RENT                       ANNUAL RENT
                  ------                     ------------                       -----------

          <S>                                <C>                                <C>
          12/01/99 - 11/30/00                $25,589.42                         $ 307,073.04
          12/01/00 - 11/30/01                $26,612.99                         $ 319,355.89
          12/01/01 - 11/30/02                $27,677.51                         $ 332,130.12
          12/01/02 - 11/30/03                $28,784.61                         $ 345,415.32
          12/01/03 - 11/30/04                $29,936.00                         $ 359,232.00
          12/01/04 - 11/30/05                $31,133.44                         $ 373,601.28
          12/01/05 - 11/30/06                $32,378.78                         $ 388,557.36
          12/01/06 - 12/31/06                $33,673.93                                  N/A
</TABLE>

         5.3      The Base Rental is a-flat amount and is not based on a price
per square foot of space in the Premises.

         5.4      Notwithstanding anything contained in this Amendment to the
contrary, as an inducement to Tenant to enter into this Amendment and as
consideration for the execution of this Amendment by Tenant, Landlord agrees
that if and for as long as Tenant is not in default under the Lease beyond any
applicable grace period, Tenant shall have a rent credit in the amount of the
rent owed for the first two months of the Tenn as to the Expansion Space only,
which credit shall be applied to the installments of rent due for those months.
If after Tenant has been granted all or any

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portion of the rent credit, the Term is terminated (as determined by a court of
competent jurisdiction) by virtue of a default by Tenant or Landlord resumes
possession of the Premises consequent upon a default by Tenant (as determined
by a court of competent jurisdiction), and Landlord is precluded by applicable
law from collecting the full amount of damages attributable to the default as
provided in the Default section of the Lease, then, in addition to all other
available damages and remedies, Landlord shall also be entitled to recover from
Tenant the unamortized portion (calculated using an interest rate of 12% per
annum compounded monthly) of the rent credit, which sum shall not be deemed
rent. This obligation to pay the rent credit shall survive the expiration or
sooner termination of the Term.

         6.       CONSTRUCTION OF PREMISES.

                  6.1      Landlord has made no representation or promise as to
the condition of the Expansion Space. Landlord shall not perform any
alterations, additions, or improvements in order to make the Expansion Space
suitable and ready for occupancy and use by Tenant, except to provide air
conditioning to that portion of the Expansion Space that is not currently air
conditioned. Landlord will coordinate such work with Tenant. Tenant has
inspected the Expansion Space, is fully familiar with the physical condition of
the Expansion Space, and shall accept the Expansion Space "as is," "where is,"
and "with all faults," and without any warranty, express or implied, or
representation as to fitness or suitability. Nothing in this paragraph shall
relieve Landlord from its obligations to maintain the portions of the Building
specified in the Lease.

                  6.2      Except as set forth in Subsection 6.1, Tenant shall
perform all work necessary or desirable for Tenant's occupancy of the Expansion
Space (the "Tenant Improvements"). Tenant shall furnish to Landlord, for
Landlord's written approval, a permit set (final construction drawings) of plans
and specifications for the Tenant Improvements (the "Plans"). The Plans shall
include the following: fully dimensioned architectural plan; electric/telephone
outlet diagram; reflective ceiling plan with light switches; mechanical plan;
furniture plan; electric power circuitry diagram; plumbing plans; all color and
finish selections; all special equipment and fixture specifications; and fire
sprinkler design drawings.

                  6.3      The Plans will be prepared by a licensed architect
and the electrical and mechanical plans will be prepared by a licensed
professional engineer. The Plans shall be produced on CAD. The architect and
engineer will be subject to Landlord's approval, which shall not be
unreasonably withheld. The Plans shall comply with all applicable laws,
ordinances, directives, rules, regulations, and other requirements imposed by
any and all governmental authorities having or asserting jurisdiction over the
Premises. Landlord shall review the Plans and either approve or disapprove
them, in Landlord's sole discretion, within seven days of receipt of the Plans.
Should Landlord disapprove them, Tenant shall make any necessary modifications
and resubmit the Plans to Landlord in final form within ten days following
receipt of Landlord's disapproval of them. The approval by Landlord of the
Plans and any approval by Landlord of any similar plans and specifications for
any other alterations or the supervision by Landlord of any work performed on
behalf of Tenant shall not: (i) imply Landlord's approval of the plans and
specifications as to quality

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of design or fitness of any material or device used; (ii) imply that the plans
and specifications are in compliance with any codes or other requirements of
governmental authority (it being agreed that compliance with these requirements
is solely Tenant's responsibility); (iii) impose any liability on Landlord to
Tenant or any third party-, or (iv) serve as a waiver or forfeiture of any right
of Landlord. The Tenant Improvements shall be constructed by a general
contractor selected and paid by Tenant and reasonably approved by Landlord. The
general contractor shall obtain a payment and performance bond in form complying
with Section 713.23, Florida Statutes. A copy of the bond, the contractor's
license(s) to do business in the jurisdiction(s), in which the Expansion Space
is located, the fully executed contract between Tenant and the general
contractor, the general contractor's work schedule, and all building or other
governmental permits required in connection with the Tenant Improvements shall
be delivered to Landlord prior to commencement of the Tenant Improvements.
Tenant shall cooperate as reasonably necessary so that its general contractor
will cause the Tenant Improvements to be completed promptly and with due
diligence. The Tenant Improvements shall be performed in accordance with the
Plans and shall be done in a good and workmanlike manner using new materials.
All such work shall be done in compliance with all other applicable provisions
of the Lease and with all applicable laws, ordinances, directives, rules,
regulations, and other requirements of any governmental authorities having or
asserting jurisdiction over the Premises. Prior to the commencement of any work
by Tenant, Tenant shall furnish to Landlord certificates evidencing the
existence of builder's risk, comprehensive general liability, and workers'
compensation insurance complying with the requirements set forth in the
Insurance section of the Lease. Any damage to any part of the Property which
occurs as a result of the Tenant Improvements shall be promptly repaired by
Tenant,

                  6.4      Tenant shall also insure compliance with the
following requirements concerning construction:

                           a.       Tenant and all construction personnel shall
abide by Landlord's job site rules and regulations and fully cooperate with
Landlord's construction representatives in coordinating all construction
activities in the Building, including, but not limited to, rules and
regulations concerning working hours, parking, and use of the construction
elevator.

                           b.       All transportation of construction
materials shall be on the padded construction elevator only.

                           c.       Tenant shall we responsible for cleaning up
any refuse or other materials left behind by construction personnel at the end
of each work day.

                           d.       Tenant shall deliver to Landlord all forms
of approval provided by the appropriate local governmental authorities to
certify that the Tenant Improvements have been completed and the Expansion
Space is ready for occupancy, including, but not limited to, a final,
unconditional certificate of occupancy.

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                           e.       At all times during construction, Tenant
shall allow Landlord access to the Premises for inspection purposes. On
completion of the Tenant Improvements, Tenant's general contractor shall review
the Expansion Space with Landlord and Tenant and secure Landlord's and Tenant's
acceptance of the Tenant Improvements.

         7.       PROPORTIONATE SHARE. As of December 1, 1999 Tenant's
Proportionate Share shall be increased to 75.11% (46.13% for the Original
Premises and 28.98% for the Expansion Space). This share is a stipulated
percentage, agreed upon by the parties, and constitutes a material part of the
economic basis of this Amendment and the consideration to Landlord in entering
into this Amendment.

         8.       SIGNAGE. Subject to the terms and conditions of this
paragraph, Tenant may, at its sole cost and expense, install signs in the
following locations on the Building: (i) a sign bearing Tenant's logo may be
installed on the facade over the front entrance to the Building, and (ii) a sign
bearing Tenant's name or logo may be installed on the east side of the Building.
All signage installed by Tenant shall be subject to Landlord's reasonable
approval as to the location, design, size, construction, method of installation,
and all other details. In addition, Tenant's rights to install signage shall be
subject to all requirements of governmental authorities, including, but not
limited to, receipt of all required permits and approvals from the City, of
Delray Beach. The two signs described above are in addition to Tenant's existing
sign located at the Southwest corner of the Building. These three signs are the
only signs which Tenant may maintain on the Building. Tenant shall maintain,
repair, and replace its signage in good condition and repair at all times, at
its sole cost and expense. Upon the expiration or sooner termination of the
Term, Tenant shall remove its signs and repair any damage caused by the removal.
During the Term and for so long as Tenant is not in default under the Lease
beyond any applicable grace period, Landlord shall not permit any other signage
on the 1615 Building and shall not permit the name of any other tenant or
occupant of the Building to be placed above Tenant's name or to be larger than
Tenant's name on the entry monument sign for the Building along Congress Avenue.
Should Tenant assign its interest under the Lease or sublet the Premises and
should Tenant no longer occupy at least 75%, of the rentable square foot area of
the Premises, the rights granted in this section shall automatically terminate.

         9.       PARKING. In addition to tenant's existing rights under the
Lease, effective December 1, 1999, Landlord shall provide Tenant with 15
covered, reserved parking spaces and 20 additional uncovered, reserved parking
spaces. Under the original Lease, Tenant has the right to 40 uncovered,
reserved parking spaces. Therefore, with the 20 additional uncovered, reserved
parking spaces granted under this Amendment, Tenant shall now have the right to
use a total of 60 uncovered, reserved parking spaces.

         10.      EXPANSION RIGHTS.

                  10.1     Rider No. 2 to the Lease is deleted and replaced
with the following rights. If at any time during the Term, any portion of the
Additional Expansion Space (as defined below) becomes available for leasing by
Landlord and Landlord receives from a prospective tenant a bona fide offer to
lease the Additional Expansion Space at a rent and upon other terms acceptable
to

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Landlord, or Landlord makes a bona fide proposal to lease the Additional
Expansion Space to a prospective tenant, and, if at that time the Lease is in
effect and Tenant is not in default under the Lease beyond any applicable grace
period and Tenant is not holding over beyond the expiration of the Term, then
Landlord shall give Tenant written notice of the offer or proposal specifying
the rent and other terms of the offer or proposal and Tenant shall then have
the prior option to lease the Additional Expansion Space at a rental and on
terms equal; to the greater of (i) the rent and the other terms provided in the
Lease (at the rate applicable to the Original Premises), and (ii) the rent and
the other terms offered by or to the new prospective tenant, provided that
Tenant exercises its prior option by giving Landlord written notice within ten
days after Tenant's receipt of Landlord's notice of the offer. If Tenant does
not exercise its rights within ten days after notice has been given to Tenant
of the availability of the portion of the Additional Expansion Space identified
in the notice, this option shall expire and be of no further force and effect
as to that portion of the Additional Expansion Space and thereafter Landlord
shall be free to rent that portion of the Additional Expansion Space to the
prospective tenant on substantially the same terms as disclosed in the notice
to Tenant. If the prospective tenant does not lease that portion of the
Additional Expansion Space, that portion of the Additional Expansion Space
shall remain subject to the rights granted to Tenant in this subsection.
However, once Landlord rents that portion of the Additional Expansion Space to
a new tenant, following a failure of Tenant to exercise its rights as to that
space, such portion of the Additional Expansion Space leased to the new tenant
shall thereafter be free of all rights of Tenant and this option shall expire
and be of no further force and effect as to such portion of the Additional
Expansion Space. The option once exercised is irrevocable. If the option is
exercised, the terms of the Lease, including the obligation to pay rent, shall
commence as to the Additional Expansion Space as of the date which is the
earlier of (i) 120 days after the date of the exercise of the option; or (ii)
the date when Tenant shall take possession of the Additional Expansion Space
for the conduct of its business; or (iii) the date of substantial completion of
any tenant improvements to the Additional Expansion Space. Substantial
completion shall be deemed to have occurred on the date that a Certificate of
Occupancy or its equivalent is issued by the appropriate local governmental
entity for the Additional Expansion Space, or if no Certificate of Occupancy
will be issued for the Additional Expansion Space, the date on which the
improvements to the Additional Expansion Space are substantially completed so
that Tenant may use them for their intended purpose, notwithstanding that minor
punchlist items or in substantial details as to construction, decoration, or
mechanical adjustment remain to be performed. Landlord shall, in accordance
with the foregoing, determine the commencement date as to the Additional
Expansion Space and shall notify Tenant of the date so determined. Tenant
shall, if Landlord so requests, thereafter execute a letter confirming the
commencement date and the expiration date of the Term substantially in the form
of EXHIBIT "B" to this Amendment. The failure of Tenant to execute the letter
shall not affect the validity of the commencement date as determined by
Landlord. The rights granted in this section shall be subject to the
satisfaction of the following conditions: (i) no portion of the Premises is
sublet to anyone at the time Landlord would otherwise notify Tenant of the
availability of the Additional Expansion Space; (ii) the Lease has not been
assigned to anyone at the time Landlord would otherwise notify Tenant of the
availability of the Additional Expansion Space; (iii) the Additional Expansion
Space is intended for the exclusive use of Tenant only, and (iv) Tenant shall
have no rights under this section during the last two years of the Term. The
rights granted in this section are subject and subordinate

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to the rights of Joseph E. Seagram & Sons, Inc. which have been granted by
Landlord prior to the Date of this Amendment. The rights of Joseph E. Seagram's
& Son, Inc. include: (i) renewal options for space in the 1625 Building; (ii)
rights of first refusal for vacant space in the 1615 Building; and (iii)
expansion options for vacant space in the 1625 Building.

                  10.2     By way of clarification, whenever in this section it
is stated that Tenant shall have the right to lease the Additional Expansion
Space on the same terms and conditions of the Lease then in effect, including
the Base Rental and adjusted additional rent, this phrase shall mean that the
Base Rental under the Lease shall be increased by the product of the number of
rentable square feet of space in the applicable Additional Expansion Space
being leased by Tenant and the rental rate per square foot of space set forth
in the Lease and ' in Subsection 5.1 of this Amendment as applicable to the
Original Premises in effect as of the commencement date for the Additional
Expansion Space and as increased thereafter under the Lease and Subsection 5.1
of this Amendment. In addition, Tenant's Proportionate Share shall be increased
by taking into account the rentable square foot area of the applicable
Additional Expansion Space leased by Tenant. In addition, the tenant
improvement allowance for the Additional Expansion Space shall be prorated
based on the remaining term which will apply to the Additional Expansion Space.
In other words, the amount of the tenant improvement allowance shall be equal
to the product of $.10 times the number of months remaining in the Term as of
the commencement date for the Additional Expansion Space which product shall
then be multiplied times the rentable square foot area of the portion of the
Additional Expansion Space which Tenant leases in order to arrive at the total
amount of the tenant improvement allowance for the applicable portion of the
Additional Expansion Space? The tenant improvement allowance shall be paid in
accordance with the procedures set forth in Section 6 of this Amendment and
shall be otherwise governed by the provisions of Section 6.

                  10.3     The term "ADDITIONAL EXPANSION SPACE" shall mean any
vacant space in Building 1615 or Building 1690 and, as to Building 1625: (i) if
such Building is not occupied by any tenant, any available full floor in the
Building; or (ii) if such Building is occupied by any other tenant, any
available space in the Building. Tenant must exercise its rights under this
section as to Additional Expansion Space in Building 1615 first before it shall
have any rights as to Additional Expansion Space in Building 1625.

                  11.      OPERATING EXPENSES. The cap on Controllable
Operating Expenses provided in the Lease shall apply to the Operating Expenses
for the Original Premises only and shall not apply to the Operating Expenses
for the Expansion Space portion of the Premises.

                  12.      NO FURTHER EXTENSION. Tenant acknowledges that the
Lease contains no further rights to extend or renew the Term and that Tenant
possesses no other rights to occupy the Premises beyond the date through which
the Term has been extended in this Amendment.

                  13.      ACCESS TO BUILDING. It is Landlord's policy to close
the Building, suspend HVAC, elevator, and other services, and to preclude access
to the Building by tenants during the threat of a hurricane or storm or natural
disaster in order to ameliorate the risks of bodily injury or property

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damage. In exchange for Tenant's execution of the Release attached as EXHIBIT
"C" to this Amendment, Landlord shall not require Tenant to vacate the Building
in accordance with Landlord's policies.

         15.      RATIFICATION. Except as modified by this Amendment, the Lease
shall remain otherwise unmodified and in full force and effect and the parties
ratify and confirm the terms of the Lease as modified by this Amendment. The
Lease, as amended, contains the entire agreement between Landlord and Tenant as
to the Premises, and there are no other agreements, oral or written, between
Landlord and Tenant relating to the Premises. Landlord and Tenant certify: (i)
that they have no offsets, defenses, or claims as to their obligations under
the Lease; and (ii) there is no existing basis for Landlord or Tenant to
terminate the Lease. All future references to the Lease shall mean the Lease as
modified by this Amendment.

         16.      TENANT'S REPRESENTATIONS. Tenant represents and warrants as
follows.

         16.1     Tenant is duty organized, validly existing, and in good
standing under the laws of the state in which it was formed and is duly
qualified to transact business in the State of Florida.

         16.2     Tenant has full power to execute, deliver, and perform its
obligations under this Amendment.

         16.3     The execution and delivery of this Amendment, and the
performance by Tenant of its obligations under this Amendment, have been duly
authorized by all necessary action of Tenant, and do not contravene or conflict
with any provisions of Tenant's Articles of Incorporation or Bylaws or any
other agreement binding on Tenant

         16.4     The individual executing this Amendment on behalf of Tenant
has full authority to do so.

         16.5     The scroll seal set forth immediately below the signature of
the individual executing this Amendment on Tenant's behalf has been adopted by
the corporation as its seal for the purpose of execution of this Amendment and
the scroll seal has been affixed to this Amendment as

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the seal of the corporation and not as the personal or private seal of the
officer executing this Amendment on behalf of the corporation.

         16.6     Tenant's financial statements previously furnished to
Landlord were at the time given true and correct in all material respects and
there have been no material changes to the information contained in such
financial statements subsequent to the dates thereof.

         17.      LANDLORD'S REPRESENTATIONS. Landlord represents and warrants
as follows:

         17.1     Landlord is duly organized, validly existing, and in good
standing under the laws of the state in which it was formed and is duly
qualified to transact business in the State of Florida.

         17.2     Landlord has full power to execute, deliver, and perform its
obligations under this Amendment.

         17.3     The execution and delivery of this Amendment, and the
performance by Landlord of its obligations under this Amendment, have been duly
authorized by all necessary action of Landlord and do not contravene or
conflict with any provisions of Landlord's Partnership Agreement or any other
agreement binding on Landlord.

         17.4     The individual executing this Amendment on behalf of Landlord
has full authority to do so,

         17.5     The scroll seal set forth immediately below the signature of
the individual signing this Amendment on Landlord's behalf has been adopted by
the corporation as its seal for the purpose of execution of this Amendment and
the scroll seal has been affixed to this Amendment as the seal of the
corporation and not as the personal or private seal of the officer executing
this Amendment on behalf of the corporation.

         17.6     Subject to execution of an amendment to the Lease between
Landlord and Sunbeam Corporation under which the Expansion Space will be
deleted from the premises currently leased to Sunbeam Corporation, no consents
from lenders (other than BankBoston), tenants, or other parties are required as
a condition to the effectiveness of this Amendment and no tenants or other
parties have any right or claim to the Expansion Space, including without
limitation, Sunbeam Corporation and Radisys Corporation.

         18.      BINDING ON LANDLORD. Submission of this Amendment by Landlord
is not an offer to enter into this Amendment but rather a solicitation for such
an offer by Tenant. Landlord shall not be bound by this Amendment until
Landlord has executed it and delivered it to Tenant.

         19.      BROKER. Landlord and Tenant represent and warrant that they
have neither consulted nor negotiated with any broker or finder as to this
Amendment except CR Leasing & Development,

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<PAGE>   10

Inc., Crocker & Associates, L.P., and Cushman & Wakefield of Florida, Inc.
(collectively, the "Leasing Broker"), Landlord and Tenant shall indemnify,
defend, and save the other harmless from and against any claims for fees or
commissions from anyone other than the Leasing Broker with whom they have dealt
concerning the Premises or this Amendment including attorneys' fees incurred in
the defense of any such claim. Landlord shall indemnify, defend, and hold
harmless Tenant from any claims by the Leasing Broker for a commission in
connection with this Amendment, including attorneys' fees incurred in
connection with the defense of any such claim.

         20.      Benefit and Binding Effect. THIS Amendment shall be binding
upon and inure to the benefit of the parties to this Amendment, their legal
representatives, successors, and permitted assigns.

         21.      AMENDMENT. This Amendment may not be changed, modified, or
discharged in whole or in part except by an agreement in writing signed by both
parties to this Amendment.

         22.      CONSTRUCTION OF LANGUAGE. This Amendment has been negotiated
at "at arm's length" by and between Landlord and Tenant, each having the
opportunity to be represented by legal counsel of its choice and to negotiate
the form and substance of this Amendment. Therefore, this Amendment shall not
be more strictly construed against either party by reason of the fact that one
party may have drafted any or all of the provisions of this Amendment.

         23.      FACSIMILE TRANSMISSIONS. This Amendment may be transmitted
between the parties by facsimile machine. The parties intend that faxed
signatures constitute original signatures and a faxed Amendment containing the
signatures (original or faxed) of all parties is binding on the parties.

         IN WITNESS WHEREOF, Landlord and Tenant have duly executed this Second
Amendment to Lease Agreement as of the date executed by the last of the parties
to do so.

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<TABLE>

  <S>                                  <C>
  WITNESSES:                           LANDLORD:

  -----------------------------        ARBORS ASSOCIATES, LTD., a Florida limited partnership

  -----------------------------          By:  BFC/ARBORS LLC, a Florida limited liability
  (Type or print name)                        company, General Partner

  -----------------------------               By:  CROCKER REALTY TRUST, L.P., a
                                                   Delaware limited partnership, Member

  -----------------------------                    By: CRT-GP, LLC, a Delaware limited liability
  (Type or print name)                                 company, General Partner

                                                       By: CROCKER OPERATING
                                                           PARTNERSHIP, L.P., a Delaware
                                                           limited partnership, Member

                                                            By:  CROCKER REALTY TRUST
                                                                 INC., a Maryland corporation,
                                                                 General Partner

                                                                 By: /S/ Drew P. Cunningham
                                                                     ---------------------------
                                                                 its: Senior Vice President
                                                                     ---------------------------
                                                                 Date Executed: 12/3/99
                                                                               -----------------

                                       TENANT:
  -------------------------------

                                       SMITH-GARDNER & ASSOCIATES, INC., a Florida
  -------------------------------       corporation
  (Type or print name)

                                       By: /s/ Martin K. Weinbaum
                                           -----------------------------------------------------
  -------------------------------      Name: Martin K. Weinbaum
                                             ---------------------------------------------------
                                       Title: Vice President Finance
                                              --------------------------------------------------
  -------------------------------      Date Executed: 12/1/99
  (Type or print name)                                ------------------------------------------

</TABLE>

                                                (CORPORATE SEAL)

                                      11<PAGE>   1

                                  EXHIBIT 10.3

                              EMPLOYMENT AGREEMENT

                                     BETWEEN

                          FIRST MCMINNVILLE CORPORATION

                                       AND

                                CHARLES C. JACOBS

<PAGE>   2

                                  EXHIBIT 10.3

                              EMPLOYMENT AGREEMENT

         THIS EMPLOYMENT AGREEMENT ("Agreement") is made and entered into as of
the 11th day of June, 1999, by and between FIRST MCMINNVILLE CORPORATION, a
Tennessee corporation that is registered as a bank holding company under the
Bank Holding Company Act of 1956, as amended, its successors and assigns
("Company"), and CHARLES C. JACOBS ("Jacobs"), an individual resident of
McMinnville, Tennessee.

                              W I T N E S S E T H:

         WHEREAS, the Company desires to employ Jacobs and Jacobs desires to be
employed by and to serve the Company and the First National Bank of McMinnville
("Bank") in the capacities and for the term and compensation and upon the terms
and conditions hereinafter set forth; and

         WHEREAS, Jacobs has been an employee of the Company and/or its
subsidiary Bank for many years and currently serves as President and Chief
Executive Officer of the Company and the Bank; and

         WHEREAS, as an incentive to Jacobs, and in order to promote continuity
in management for the Company, the Company desires to formalize the relationship
with Jacobs in order to assure itself of the continuity of management for itself
and the Bank, and also to obtain from him the agreements contained herein;

         NOW, THEREFORE, in consideration of the premises and the terms and
agreements hereof, the Company and Jacobs agree that:

         1. Employment of Jacobs. The Company hereby employs Jacobs and Jacobs
hereby accepts employment with the Company and agrees to serve the Company and
the Bank in the capacities, for the term and compensation, and upon and subject
to the terms and conditions hereinafter set forth.

         2. Office and Duties of Jacobs; Place of Employment; Supervision.

            A. Jacobs shall serve the Company and the Bank as the President and
Chief Executive Officer thereof; and, until a Change in Control (as defined
herein) occurs, he may serve also as a member of the Board of Directors. The
Company agrees that Jacobs shall not be required to serve in any other capacity
without his prior written consent and that he shall not be required by the
Company or the Bank to have or serve in a physical office location ("Office") of
the Company or any Affiliate of the Company without his prior written consent
unless such Office be within the City Limits of McMinnville, Tennessee. Jacobs
shall report and be responsible to the Boards of Directors of the Company and
the Bank.

            B. Jacobs shall be subject to the Company's employment, personnel,
and all other policies as in effect on the date hereof and in effect from time
to time; provided that no changes in such policies shall be deemed to alter or
diminish Jacobs' rights hereunder.

         3. Compensation

            A. Subject to the provisions of this Agreement for resignation and
 for termination by the Company for default, material breach and/or cause,
Jacobs's salary ("Salary") and bonus ("Bonus"), if a Bonus is to be paid, shall
be as provided in this Paragraph.

            (i) Salary. Jacobs' Salary shall be as determined by the Board of
      Directors from time to time. However, prior to a Change in Control (as
      herein defined), so long as the Bank's return on average assets is not
      less than one percent, such Salary shall not be lowered, and, after the
      commencement of a Change in Control, Jacobs' Salary shall not be lower
      than his annual Salary for the year in which any Change of Control
      Transaction commences. Jacobs' annual Salary shall be paid in equal
      increments not less frequently than monthly. Jacobs shall receive the
      Annual Salary

<PAGE>   3

      Adjustment. The Annual Salary Adjustment shall occur on January 1 of each
      year (or part of a year) during the term hereof (applicable to the
      remainder of such year and until the expiration or termination of this
      Agreement), commencing January 1st of the year in which any Change of
      Control is deemed to occur pursuant to this Agreement.

            (ii) Annual Salary Adjustment. Commencing with any Change in
      Control, Jacobs's Salary shall be increased annually by not less than an
      amount equal to a percentage equal to 100% of the amount reasonably
      determined by the Company to be the increase (if any) in the consumer
      price index for the preceding year. (For example, the Salary would be
      increased by 5% commencing on the first day of January next following a
      Change of Control if the increase in the consumer price index for the
      preceding year, as reasonably determined by the Company, were 5%; or 1%
      where such increase were reasonably determined to be 1%, etc.). There
      would be no increase (or decrease) in the event that such consumer price
      index were determined by the Company not to have increased (or to have
      declined).

            (iii) Bonus. Jacobs shall have the right to receive a Bonus as
      herein provided.

                  (a) Jacobs shall receive a Bonus for any year prior to a
            Change in Control equal to an amount, if any, determined by the
            Board of Directors.

                  (b) Jacobs shall receive a Bonus for any year in which a
            Change in Control occurs, and for each year thereafter, equal to the
            highest amount awarded by any Affiliate of the Company and/or the
            Bank to any officer of any Financial Institution owned or otherwise
            controlled, directly or indirectly, by such Affiliate or, if the
            company then controlling the Bank or the Company does not at any
            time own another Financial Institution other than the Bank, then the
            Bonus shall be equal to the highest bonus paid to any officer,
            director, or employee of such company or any Affiliate thereof, who
            acts in the capacity of a regional and/or multi-bank administrator.

For purposes of this Agreement, "Salary" and "Bonus" include all amounts paid by
the Company and all (or any) of its subsidiaries (including the Bank) to Jacobs
as salary and bonus during the term hereof.

            B. Expense Reimbursement. In addition to Salary and any Bonus,
 Jacobs shall be reimbursed for all actual, normal out-of-pocket expenses that
he reasonably incurs in connection with his duties hereunder during the term
hereof.

            C. Other Benefits. The Company shall provide to Jacobs, during his
employment under this Agreement, such non-salary benefits as are provided from
time to time to the senior management of the Company or the Bank, or any
Affiliate thereof, such as medical and hospitalization insurance, disability
insurance, retirement benefits, profit-sharing, life insurance, and comparable
non-salary items. The Company shall make available for Jacobs's use an
appropriate automobile.

            D. Board of Directors, Etc. Prior to any Change in Control, Jacobs
shall serve on the Board. After a transaction that is calculated or designed to
result in a Change in Control commences, Jacobs shall serve on any such Board or
committee as to which he shall consent. Jacobs shall receive the same
compensation as other Board members for serving on the Board.

            E. Professional Matters, Etc. The Company agrees to assist and
 support Jacobs in maintaining and extending his professional education and
activities. In this regard, prior to the commencement of any Change in Control
Transaction, the Company shall reimburse Jacobs for all reasonable travel,
accommodations, and out-of-pocket expenses incurred in attending banking
conventions and educational programs to the extent permitted by the Board of
Directors. After a Change in Control commences, Jacobs shall be entitled to be
reimbursed for attending (in his discretion) at least such conventions and
educational programs (1) as was customary prior to the year in which a Change in
Control is deemed to have commenced and (2) as the Board of Directors or its
Chairman shall have approved in advance.

         4. Term, Expiration  and Termination.

            A. The term of this Agreement shall be the period beginning on the
date first above written (the "Commencement Date") and expiring on December 31,
2003 ("Expiration Date") unless extended by the parties, except as provided
below in this Paragraph 4.

<PAGE>   4

            B. Jacobs shall have the right to resign and to receive the
Termination Payment (as herein defined) based on any of the following:

            (i) The Company commits a material breach or violation of this
      Agreement, including a Company violation of Paragraph 4B(ii) hereof, which
      is not cured before the expiration of thirty (30) calendar days after
      written notice from Jacobs describing the facts and circumstances of the
      breach or violation in reasonable detail. Such notice shall be deemed a
      demand for cure of the breach or violation; and/or

            (ii) The Company persists, for a period of thirty (30) calendar days
      after written notice from Jacobs describing in reasonable detail the
      matter as to which he is complaining, in any attempt to require Jacobs to
      perform (or omit to perform) any act or engage (or omit to engage) in any
      conduct that would constitute unethical or illegal conduct or omission.
      Such notice shall be deemed a demand for the Company to cease any such
      attempt; and/or

            (iii) A Change in Control of the Company or the Bank occurs.

      If Jacobs resigns for any reason other those specified in this Paragraph
4B, Jacobs shall be entitled to be paid only for earned but unpaid Salary and
unreimbursed expenses.

            C. The Company may terminate Jacobs's employment under this
Agreement, subject to any applicable notice and cure provisions set forth below,
only for "Cause." As used herein, "Cause" means:

            (i) Any one or more acts of theft, embezzlement, fraud or
      dishonesty;

            (ii) Any material uncured breach or violation of this Agreement,
      including a Jacobs violation of Paragraph 6B hereof;

            (iii) Any order issued by any federal banking agency requiring
      Jacobs' termination;

            (iv) Any willful, uncured failure by Jacobs to perform the duties
      described above in Paragraph 2; and/or

            (v) Any violation of the terms of Paragraph 6 hereof attributable to
      a deliberate and knowing act by Jacobs that was intended to harm, and did,
      harm the Company and/or the Bank in a materially demonstrable financial
      manner.

      Except for an occasion in which the Board, in its reasonable discretion
believes that Jacobs' immediate removal is necessary for the protection of the
Bank or the Company, the Company shall give Jacobs written notice of the
violation or reason that it desires to terminate him and at least sixty (60)
calendar days (exclusive of Federal and State holidays) to reasonably cure any
violation or to address any other ground stated by the Board of Directors in its
written notice. The Company's written notice shall describe the facts and
circumstances of the alleged breach or violation in reasonable detail.

      Any notice from the Company to Jacobs concerning a "Cause" for removal
shall be deemed a demand for cure of the asserted breach or violation. The
Company may terminate Jacobs for the reasons specified in Subparagraph 4C(i) and
4C(iii) immediately upon sending Jacobs written notice describing the facts and
circumstances of the breach or violation in reasonable detail, but without
giving Jacobs the opportunity to cure such violation(s) or breach(es). If Jacobs
is acquitted, not convicted, or otherwise prevails in respect of the charges
described in Subparagraph 4C(i) or (iii), he shall be entitled to either (x)
back pay and reinstatement or (y) back pay plus the Termination Payment, at his
election.

      Jacobs shall be entitled to the Termination Payment, together with
interest thereon at the judgment rate of interest, if the Company terminates
Jacobs's employment for any reason other than those set forth in this Paragraph
4C. For the purposes of this Agreement, a Change in Control shall be deemed to
have commenced not less than twelve (12) months prior to its actual
consummation.

            D. In the event that Jacobs shall die or become substantially
 mentally disabled and/or otherwise unable to perform his then assigned duties
before the Expiration Date, then the provisions of Paragraph 5 shall apply. As
to the disability

<PAGE>   5

referred to in this Subparagraph 4D, the Company agrees that if, at the
inception of the disability, it reasonably appears that the disability will
persist for less than six (6) months, then such disability shall be disregarded
for the purposes of this Subparagraph 4D unless, in fact, the disability
persists for more than six (6) months.

         5.       Salary Continuation Agreement. [RESERVED.]

         6.       Noncompetition and Non-Disclosure Agreement.

         Jacobs acknowledges that the Company has advised him that a principal
reason for its entry into this Agreement is to obtain non-competition and
related agreements from him and that it would not enter into this Agreement
without the provisions of this Paragraph and that the agreements herein
contained are extremely material to the Company in entering into this Agreement.
The provisions of this Paragraph shall survive the expiration or termination of
this Agreement.

         A. Noncompetition Agreement. During the term of this Agreement, or for
one (1) year following the good faith termination of Jacobs for valid Cause (or
Jacobs's voluntary resignation other than for the reasons specified in Paragraph
4B hereof) pursuant to this Agreement, Jacobs shall be subject to the
non-competition agreement set forth below.

         Jacobs' non-competition agreement is set forth in this paragraph:
Jacobs agrees that he will not engage or be involved in, directly or indirectly,
any Competitor Business in any capacity whatsoever including, without
limitation, as owner, lender, employee, officer, director, advisor, consultant,
principal agent, trustee, member or any other capacity, or through the agency of
any corporation, partnership, association, agent or agency. Further, Jacobs
shall not, directly or indirectly, own nor lend money or guarantee borrowings
for the purpose of owning more than One Percent (1%) of the outstanding capital
stock or other investment in, or loan to, any Competitor Business. This
non-competition agreement applies to all of the Primary Service Area but not
elsewhere.

         This non-competition agreement shall be of no further force and effect
if Jacobs resigns for any of the reasons described in Paragraph 4B or is
Jacobs's employment is terminated by the Company other than for Cause and, if
the basis is Subparagraph 4C(i) and/or 4C(iii), the dismissal is supported by a
final judgment substantially adverse to Jacobs, by a final order of conviction,
or by a debarment.

         B. Non-Disclosure Agreement. Jacobs shall never disclose, except
pursuant to lawful order of a court of competent jurisdiction, or by an
administrative agency having jurisdiction, material non-public information about
the Company or the Bank. In the event that Jacobs is served with any notice,
subpoena, or other court or administrative order (all of the above referred to
herein as a "Court Order"), he shall immediately, if reasonably practicable,
before making any disclosure covered by this Paragraph, provide a copy thereof
to the Company in order to permit the Company and/or the Bank to object to such
Court Order or to resist the enforcement thereof by lawful means (at the Bank's
and/or the Company's expense). This provision shall be enforceable by the
Company or the Bank. However, nothing in this Subparagraph shall be understood
to limit Jacobs' ability to comply with any subpoena, or any court or
administrative order, believed by him to be genuine.

         7. Other Material Terms.

         A. Governing Law. This Agreement shall be governed by, and construed in
accordance with, the laws of the State of Tennessee.

         B. Successors and Assigns; Assignment; Material Breach, Etc. All
covenants and agreements set forth in this Agreement by or on behalf of the
Company shall bind its successors and assigns, and all covenants and agreements
set forth in this Agreement by or on behalf of Jacobs shall inure to the benefit
of and be enforceable by the Company and its successors and assigns. Neither
party may assign any rights or delegate any duties under this Agreement without
the prior written consent of the other party, and such consent shall not be
unreasonably withheld. Any assignment of rights or delegation of duties without
an express, prior written consent will be of no force or effect.

         C. Injunctive Relief; Standing. Jacobs agrees and acknowledges that the
Company's and the Bank's remedy of monetary damages will be insufficient to
compensate and protect the interests of the Company and/or the Bank in the event
of his

<PAGE>   6

violation of the noncompetition and/or non-disclosure provisions of this
Agreement. Accordingly, Jacobs agrees that the Company and/or the Bank which may
have been injured or adversely affected (or threatened with injury or adverse
effect) by his conduct shall be entitled to obtain injunctive relief to prevent
violations of this Agreement. The Bank, if affected by Jacobs's alleged breach
of this Agreement, shall have standing to seek injunctive, damages, and other
appropriate relief. This provisions of this Subparagraph shall survive the
expiration or termination of this Agreement.

         D. Judicial Elision, Revision. The provisions of this Agreement,
including Paragraph 6, shall not be held invalid or unenforceable because of the
scope of the territory or actions subject thereto or restricted thereby, or the
period of time within which such agreement is operative; but any judgment of a
court of competent jurisdiction may define the maximum territory and actions
subject to any conduct or activity restricted by this and other Paragraphs and
the period of time during which such agreement is enforceable.

         E. Integrated Agreement; Amendment; Etc. This Agreement expresses the
entire agreement between Jacobs and the Company with reference to the subject
mater hereof. No waiver or modification of this Agreement or of any covenant,
condition, or limitation herein contained shall be valid, unless in writing and
duly executed by the party to be charged therewith, and the parties further
agree that the provisions of this Paragraph 7E may not be waived except by
express terms in a written instrument signed by both parties hereto.

         F. Notices, Etc. Any notice or communication hereunder must, in order
to be effective, be in writing and may be given by registered or certified mail,
and if given by registered or certified mail, shall be deemed to have been given
when delivered to and received by the party to whom it is addressed. Such notice
of communication shall be given to the parties hereto at their following
addresses:

         If to the Company, to:  First McMinnville Corporation
                                      c/o The First National Bank of McMinnville
                                      200 East Main Street
                                      McMinnville, Tennessee  37110
                                      Attention: Chairman

         If to Jacobs, to:       Mr. Charles C. Jacobs
                                      3180 Vervilla Road
                                      McMinnville, Tennessee  37110

         Any party hereto may at any time, by giving ten (10) days written
notice to the other party hereto, designate any other address in substitution of
his or its respective address to which such notice or communication shall be
given.

         In order for a notice described in Paragraph 4B or 4C to be effective,
it must be sent in accordance with this Paragraph 7F and contain sufficient
detail of the matter being described to allow a reasonable business person to
understand such matter.

                  G. Indemnification. Each of the Company and Jacobs hereby
agree to indemnify and hold the other harmless from and against any and all
losses, claims, damages, or expenses including, but not limited to, attorneys
fees and litigation expenses at all trial and appellate levels, arising from or
growing out of the other party's breach or threatened breach of this Agreement.
This provision shall survive the expiration or termination of this Agreement.

                  H. Certain Definitions and Intentions, Etc. As used herein the
following terms shall be understood to have the meanings set forth below:

                  (i) "Affiliate" means any "affiliate" or "associate" of any
         person or entity as those terms are defined by the Securities Act of
         1933 and/or the Securities Exchange Act of 1934, both as amended.

                  (ii) "Affiliated Person" means a person (or entity) who (or
         which) is, at the time of a solicitation (direct or indirect) by Jacobs
         or any Competitor Business, an employee, agent, officer, or director
         of, or other person or entity (such as a vendor, realtor, real estate
         developer, or mortgage loan investor), affiliated with the Company
         and/or any Company Affiliate(s).

<PAGE>   7

                  (iii) "Bank" means and includes The First National Bank of
         McMinnville and its successors and assigns.

                  (iv) "Change in Control" means (1) any "change in control" of
         the Company or the Bank as such term is defined on the date hereof in
         the Federal Change in Bank Control Act and any comparable laws, rules,
         and regulations currently in effect, and/or (2) any merger,
         reorganization, consolidation, substantial disposition of assets,
         liquidation or comparable transaction affecting the Bank, the Company,
         or any material Affiliate of either the Bank or the Company. The intent
         of the Change in Control provisions in this Agreement is to provide
         protection for Jacobs against changes in control and ownership, Jacobs
         having contracted herein to be employed principally by local
         Shareholders and Directors and having stated his desire to be protected
         against changes in control. For the purposes of this Agreement, a
         "Change in Control" shall be deemed to have occurred (1) on the first
         day of the calendar year in which either the Company's (and/or the
         Bank's) Board of Directors or the Company's (and/or the Bank's)
         Shareholder(s) approve the transaction resulting in or constituting a
         Change in Control (whichever is first to occur) and (2) as otherwise
         provided herein. In addition, a "Change in Control" shall be deemed to
         have occurred in the event that a Distribution Date occurs under the
         Shareholders Rights Agreement of the Company dated June 10, 1997, as
         the term "Distribution Date" is defined in such Shareholders Rights
         Agreement, or would have been deemed to have occurred but for an
         amendment or termination of such Shareholders Rights Agreement at some
         future time.

                  (v) "Company" means and includes First McMinnville Corporation
         and its successors and assigns and all and each of the Company's
         present and future subsidiaries (both direct and indirect), and its
         present and future affiliates, and the successors and assigns of each
         and all of these, so long as they are owned or in existence prior to
         any Change in Control.

                  (vi) "Competitor Business" means any person or entity which
         engages, or competes with the Company or any Company Affiliate, in any
         part of the Primary Service Area, in any aspect of the commercial
         banking business.

                  (vii) "Financial Institution" means any commercial bank or
         thrift institution the deposits of which are insured by the Bank or
         Savings Association Insurance Fund of the Federal Deposit Insurance
         Corporation (or any successor thereto), and any company controlling or
         controlled by any such commercial bank or thrift institution.

                  (viii) "Primary Service Area" means Warren County, Tennessee,
         and any other city or township in which the Bank (prior to the
         commencement of any Change in Control) has a material branch.

                  (ix) "Termination Payment" means an amount equal to five times
         Jacobs' Compensation. As used in this subparagraph, "Compensation"
         means the sum of Jacobs' Salary and Bonus for the immediately preceding
         calendar year (or, if greater, the sum of Jacobs' Salary and Bonus for
         the then current calendar year). The Termination Payment shall be paid
         to Jacobs in cash, in a lump sum, within five calendar days of his
         written request therefor.

                  I. Captions. The captions set forth in this Agreement are for
the convenience of the parties only and shall not affect the substantive meaning
or interpretation of this Agreement.

                  J. Company Actions. The actions of the Company under this
Agreement shall be as determined reasonably in the exercise of good faith by the
Board of Directors.

                  K. Automatic Renewals. The expiration date of this Agreement,
currently set as December 31, 2003, shall automatically extend for one year
periods on each annual anniversary date hereof (i) unless the Board of Directors
shall promptly deliver Jacobs a copy of its resolution revoking such automatic
renewal on or before any such anniversary date or (ii) unless Jacobs shall
notify the Board of Directors in writing on or before any such anniversary date
that he is revoking such automatic renewal.

                  L. Mandatory Binding Arbitration. Any disputes under this
Agreement shall not be litigated but, rather, shall be subject to mandatory
binding arbitration in McMinnville, Tennessee before a panel of three neutral
arbitrators chosen by the American Arbitration Association ("AAA"). At least one
of the arbitrators shall be a licensed attorney in the State of Tennessee who
has specialized in banking law for at least five years. The arbitrators shall be
chosen, and the arbitration proceeding shall be held in accordance with, the
commercial arbitration rules of the AAA in effect at the time of the dispute.
The arbitrators are specifically authorized to award attorneys fees, costs, and
expenses to the parties measured by their relative success

<PAGE>   8

(or failure) in respect of the disputes arbitrated. The arbitrators shall award
only compensatory damages, plus any applicable interest at the judgment rate,
and they are not authorized to award punitive damages.

         IN WITNESS WHEREOF, the parties hereto have executed and delivered this
Agreement in McMinnville, Tennessee as of the day and year first above written.

                                     EMPLOYER:
                                     FIRST MCMINNVILLE CORPORATION

                                     By: /s/ Robert W. Jones
                                         ---------------------------------------
                                              Robert W. Jones, Chairman

                                     EMPLOYEE:

                                     /s/ Charles C. Jacobs
                                     -------------------------------------------
                                              CHARLES C. JACOBS

CAROL A. LOCKE
-----------------------------------
             WITNESS

DAVID W. MARTTALA
-----------------------------------
            WITNESS

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