Document:

<PAGE>

                                                                   EXHIBIT 10.17
                         CAPACITY COMMITMENT AGREEMENT
                        ------------------------------

          THIS CAPACITY COMMITMENT AGREEMENT (as amended, supplemented or
otherwise modified from time to time, this "Agreement") entered into as of this
                                            ---------
14th day of December, 2000, between GLOBAL CROSSING BANDWIDTH INC., a company
organized and existing under the laws of the State of California and having its
principal office in Goleta, California (said company, and any permitted
successor or assign hereunder, the "Grantor"), and TELEMONDE INC., a corporation
                                    -------
organized and existing under the laws of Delaware and having its principal
office at 230 Park Avenue, 10th Floor, New York, NY, 10169 (said company, and
any permitted successor or assign hereunder, the "Purchaser"). Grantor and
                                                  ---------
Purchaser are herein sometimes collectively referred to as the "Parties" and
                                                                -------
each, individually, as a "Party".
                          -----

                             W I T N E S S E T H:
                             -------------------

          WHEREAS, on 19 June 1998, Telemonde Bandwidth (Bermuda) Limited
("TBBL") and Atlantic Crossing Ltd. entered into an agreement ("Atlantic
  ----                                                          --------
Capacity Agreement") which included a commitment on behalf of TBBL to acquire
------------------
from Atlantic Crossing Ltd. certain transatlantic and other telecommunications
cable capacity on an indefeasible right of use basis for an agreed sum;

          WHEREAS, TBBL has not drawn-down all the capacity that it agreed to
under the Atlantic Capacity Agreement, and in addition, it owes sums to Atlantic
Crossing pursuant to that agreement;

          WHEREAS, Atlantic Crossing Ltd. and Global Crossing Bandwidth Inc.,
are affiliated companies, and TBBL is a subsidiary of TINC. TINC, TBBL and
affiliated companies of the Grantor have agreed, inter alia, to settle the terms
of TBBL's liability to Atlantic Crossing Ltd. pursuant to the terms of a Stand
Still Agreement dated as of 30th November 2000 ("the Stand Still Agreement"). It
is a condition of the Stand Still Agreement that the Parties enter into this
Agreement;

          WHEREAS, Atlantic Crossing Ltd. has constructed a fiber optic cable
system connecting the United States, the United Kingdom, the Netherlands and
Germany known as the Atlantic Crossing System or "AC-1";
                                                  ----

          WHEREAS, Pacific Crossing Ltd. is constructing a fiber optic cable
system connecting the United States and Japan known as the Pacific Crossing
System or "PC-1";
           ----

          WHEREAS, Mid-Atlantic Crossing Ltd. is constructing a fiber optic
cable system connecting New York, Florida and St. Croix, known as the Mid-
Atlantic Crossing System or "MAC-1";
                             -----
<PAGE>

  WHEREAS, Pan American Crossing Ltd. is constructing a fiber optic cable system
connecting California, Mexico, Panama and St. Croix, known as the Pan American
Crossing System or "PAC";
                    ---

  WHEREAS, South American Crossing Ltd. is constructing a fiber optic cable
system connecting various principal cities in South America, known as the South
American Crossing System or "SAC";
                             ----

  WHEREAS, Global Crossing Pan European Crossing Holdings B.V. is constructing a
fiber optic cable network connecting various principal cities in Europe, known
as Pan European Crossing or "PEC";
                             ---

  WHEREAS, an affiliate of the Grantor (the "NAC Affiliate") is constructing a
                                             -------------
fiber optic cable system connecting various principal cities in North America,
known as the North American Crossing System or "NAC"; and
                                                ---

  WHEREAS, an affiliate of the Grantor (the "EAC Affiliate") is in the process
                                             -------------
of developing a fiber optic cable system connecting certain countries and
territories in Asia, including Japan, Taiwan and Hong Kong, known as East Asia
Crossing or "EAC" (and it is anticipated that EAC will connect to the United
             ---
States through PC-1);

  WHEREAS, Atlantic Crossing Ltd, Pacific Crossing Ltd., Mid-Atlantic Crossing
Ltd., Pan American Crossing Ltd., South American Crossing Ltd., the NAC
Affiliate, the EAC Affiliate, and Global Crossing Pan European Crossing Holdings
B.V. are hereinafter collectively referred to as the "Services Companies";
                                                      ------------------

  WHEREAS, additional companies under common control with Grantor may in the
future construct other fibre optic cable systems, though there is no obligation
to do so, in which case such companies will be deemed to be Services Companies
under this Agreement;

  WHEREAS, Services Companies and additional companies under common control with
Grantor supply fibre optic capacity on an indefeasible right of use basis
("IRU") and/or lease basis, and supply other services (collectively "Services")
and such additional companies under common control with Grantor will be deemed
to be Services Companies under this Agreement;

  WHEREAS, Purchaser desires to acquire rights with respect to capacity and
other Services; and

  WHEREAS, Grantor is affiliated with each of the Services Companies and can
cause Services to be supplied to Purchaser.

  NOW, THEREFORE, the Parties, in consideration of the mutual covenants
contained herein, and for other good and valuable consideration, the receipt of
which is hereby acknowledged, covenant and agree with each other as follows:

                                       2
<PAGE>

1. DEFINITIONS.
   -----------

   Unless otherwise defined herein, all terms that are commonly used in the
   telecommunications industry shall have the meanings commonly given such terms
   in such industry. In addition to terms defined in the preamble, the recitals
   and in the text of this Agreement, the following terms shall have the
   following meanings:

   "Annual Period" means, for the first such period, the period beginning on the
    -------------
   date of this Agreement and ending on the twelve month anniversary of this
   Agreement and, thereafter, each successive twelve month period occurring
   during the term of the Capacity Commitment Agreement.

  "Capacity" means fibre optic telecommunications capacity.
   --------

   "Capacity Purchase Agreement" means an agreement (or agreements) to be
    ---------------------------
   entered into between the Parties, pursuant to which Purchaser shall acquire
   and Grantor shall supply Services contemplated by this Agreement.

   "Dollars" or "$" means United States dollars.
    -------      -

   "Published Prices" means the Global Crossing prices at the date of this
    ----------------
   agreement as may be supplemented from time to time for Services

2. PURCHASE AGREEMENT.
   ------------------

   Purchaser hereby unconditionally and irrevocably agrees to purchase Services
   in an aggregate amount of $8,000,000 (the "Minimum Capacity Commitment")
                                              ---------------------------
   during the period commencing on the date hereof and ending sixty (60) months
   later (the "Minimum Capacity Purchase Period"). In order to fulfill this
               --------------------------------
   Minimum Capacity Commitment, Purchaser agrees to purchase Services in an
   amount of not less than $1,000,000 during each Annual Period, for the first
   four (4) consecutive Annual Periods, with the balance being purchased in the
   fifth Annual Period.

   Should Purchaser fail to purchase $2,000,000 of Services in the first two (2)
   Annual Periods or $2,000,000 of Services in the second two (2) Annual Period
   (being years three and four), Purchaser shall be in default of this
   obligation; unless the aggregate Services purchased is at least equal to the
               ------
   sum of Annual Period purchases required at that point in time. For example,
   where Capacity purchased in the first Annual Period is $1,500,000, Purchaser
   will not be in default if capacity purchases in the second Annual Period are
   $0.500,000. Alternatively, where Capacity purchased in the first Annual
   Period totals $0.500,000, Capacity purchased in the second Annual Period must
   total at least $1.500,000.

   In the event of expiry of the Standstill Period (as defined in the Stand
   Still Agreement) other than pursuant to Clause 7.2(a) of that agreement, if
   the Grantor or any affiliate of

                                       3
<PAGE>

     the Grantor takes any action to pursue or enforce any claims or rights
     under the Atlantic Capacity Agreement with respect to the Outstanding Draw
     Down Obligations (as defined in the Stand Still Agreement), Purchaser's
     obligations hereunder in respect of the Minimum Capacity Commitment shall
     terminate.

3.   PREFERRED SUPPLIER STATUS
     -------------------------

     Purchaser agrees that Grantor will be its Preferred Supplier of Capacity
     during the Minimum Capacity Purchase Period. During such period the
     Purchaser will notify Grantor of its intent to purchase any Capacity

     ("Required Capacity"). The Grantor will then notify the Purchaser of its
       -----------------
     willingness to supply Required Capacity, and the terms and conditions,
     inlcuding price, quality guarantees, delivery guarantees, project
     management commitments upon which Grantor or its affiliate(s) are prepared
     to supply Required Capacity.

     Purchaser will be bound to buy Required Capacity from Grantor or its
     affiliate(s) unless the Purchaser receives materially more advantageous
     terms bearing in mind the issues set out above ("Improved Terms") from an
                                                      --------------
     alternate supplier. Where Purchaser receives Improved Terms from an
     alternate supplier, Purchaser shall be entitled to purchase Required
     Capacity from that supplier, subject to the following:

     (a)  Prior to purchasing Required Capacity from an alternate supplier,
          Purchaser must notify Grantor, bearing in mind duties of
          confidentiality, of the Improved Terms and allow Grantor reasonable
          opportunity to amend its offer; and

     (b)  If Grantor matches or offers terms which match or are better than the
          Improved Terms, Purchaser shall be bound to purchase Required Capacity
          from Grantor or Affiliate(s);

     Purchaser and Grantor shall act in good faith at all times, to ensure that
     the Grantor is, wherever practicable, its supplier of Capacity in
     accordance with this Section 3.

     The parties agree to confirm any oral notifications hereunder either by
     post, fax or e-mail.

4.   SETTLEMENT OF DISPUTES.
     ----------------------

     The Parties shall endeavor to settle amicably by mutual discussions any
     disputes differences, or claims whatsoever related to this Agreement.

     Failing such amicable settlement, any controversy, claim or dispute arising
     under or relating to this Agreement, including the existence, validity,
     interpretation, performance, termination or breach thereof, shall finally
     be settled by arbitration in accordance with the International Arbitration
     Rules of the American Arbitration Association ("AAA").  There shall be
     three (3) arbitrators ("Arbitration Tribunal"), the first of which shall be
                             --------------------
     appointed by the claimant in its notice of arbitration, the second of which
     shall be appointed by the

                                       4
<PAGE>

     respondent within thirty (30) days of the appointment of the first
     arbitrator and the third of which shall be jointly appointed by the Party-
     appointed arbitrators within thirty (30) days thereafter. The language of
     the arbitration shall be English. The Arbitration Tribunal shall issue a
     written opinion and will not have authority to award punitive damages to
     either party. Each party shall bear its own expenses, but the parties shall
     share equally the expenses of the Arbitration Tribunal and the AAA. This
     Agreement shall be enforceable, any arbitration award shall be final and
     judgment thereon may be entered in any court of competent jurisdiction. The
     arbitration shall be held in New York, New York, USA.

65   GOVERNING LAW.
     -------------

     THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE
     LAWS OF THE STATE OF NEW YORK, UNITED STATES OF AMERICA.

6..  WAIVER OF IMMUNITY.
     ------------------

     The Parties acknowledge that this Agreement is commercial in nature, and
     each Party hereto expressly and irrevocably waives any claim or right which
     it may have to immunity (whether sovereign immunity, act of state or
     otherwise) for itself or with respect to any of its assets in connection
     with an arbitration, arbitral award or other proceeding to enforce this
     Agreement, including, without limitation, immunity from service of process,
     immunity of any of its assets from pre- or post-judgment attachment or
     execution and immunity from the jurisdiction of any court or arbitral
     tribunal.

7.   NO THIRD PARTY BENEFICIARIES
     ----------------------------

     This Agreement does not provide and is not intended to provide third
     parties (including, but not limited to, customers of Purchaser) with any
     remedy, claim, liability, reimbursement, cause of action, or any other
     right.

8.   ASSIGNMENT.
     ----------

     This Agreement and all of the provisions hereof shall be binding upon and
     inure to the benefit of the parties hereto and their respective successors
     and permitted assigns. Grantor may assign or transfer its obligations to
     any of its affiliates, but not otherwise, and so long as Grantor also
     assigns its obligations under this agreement to such affiliate.  Purchaser
     may not assign any of its rights or obligations hereunder to any party
     whatsoever. Any assignment, transfer or other disposition by either Party
     which is in violation of this Agreement shall be void and of no force and
     effect.

9.   ANNOUNCEMENTS AND CONFIDENTIALITY.
     ---------------------------------

     Except as required by Law, any Regulatory or Governmental body or
     authority, or as made to professional advisers, no announcement, statement
     or information shall be issued

                                       5
<PAGE>

     by either Party save in terms agreed to in writing by the other Party;
     provided that neither Party shall unreasonably withhold or delay its
     --------
     consent to any press release proposed to be issued by the other Party to
     accompany any regulatory filing required to be made following completion of
     this Agreement. Either Party may disclose the terms of this Agreement for
     the purpose of enforcing its terms or the terms of any document referred to
     in or contemplated by it.

     Grantor agrees to keep confidential any information supplied to it and / or
     its affiliate(s) in connection with the matters herein contained, except
     where:

     (a)  information is or becomes part of the public domain, other than by a
          breach of confidentiality by Grantor;

     (b)  disclosure is required by law or any regulatory or governmental
          authority or body; and

     (c)  disclosure is agreed by TINC in writing in advance.

     Grantor may disclose such information to professional advisers who are
     under similar duties or obligations of confidentiality.

10.  NOTICES.
     -------

     Each notice, demand, certification or other communication given or made
     under this Agreement shall be in writing and shall be delivered by hand or
     sent by registered mail or by facsimile transmission to the address of the
     respective Party as shown below (or such other address as may be designated
     in writing to the other Party hereto in accordance with the terms of this
     Section):

                    If to Purchaser:  Telemonde Inc
                                      40 Portman Square
                                      London  W1H 9FH
                    Attn:             Director of Legal Services
                    Fax No:           +44 (0) 20 7487 4001

                    If to Grantor:    Global Crossing Bandwidth Inc.
                                      360 N. Crescent Drive
                                      Beverly Hills, California 90210
                    Attn:             General Counsel
                    Fax No.:          310-281-5820

     Any change to the name, address and facsimile numbers may be made at any
     time by giving fifteen (15) days prior written notice in accordance with
     this Section. Any such notice, demand or other communication shall be
     deemed to have been received, if delivered by hand, at the time of delivery
     or, if posted, at the expiration of seven (7) days after the envelope
     containing the same shall have been deposited in the post maintained

                                       6
<PAGE>

     for such purpose, postage prepaid, or, if sent by facsimile, at the date of
     transmission if confirmed receipt is followed by postal notice.

11.  SEVERABILITY.
     ------------

     If any provision of this Agreement is found by an arbitral, judicial or
     regulatory authority having jurisdiction to be void or unenforceable, such
     provision shall be deemed to have been deleted from this Agreement and the
     remaining provisions shall continue in full force and effect.

12.  HEADINGS
     ---------

     The Section headings of this Agreement are for convenience of reference
     only and are not intended to restrict, affect or influence the
     interpretation or construction of provisions of such Section.

13.  COUNTERPARTS.
     ------------

     This Agreement may be executed in counterparts, each of which when executed
     and delivered shall be deemed an original. Such counterparts shall together
     (as well as separately) constitute one and the same instrument.

14.  ENTIRE AGREEMENT
     ----------------

     This Agreement supersedes all prior oral or written understandings between
     the Parties hereto and constitutes the entire agreement with respect to the
     subject matter contained herein. This Agreement shall not be modified or
     amended except by a writing signed by authorized representatives of the
     Parties hereto.

15.  LIMITATION OF LIABILITY
     -----------------------

     In no event shall Purchaser or Grantor be liable to the other for
     consequential, incidental, indirect or special damages, including, but not
     limited to, loss of revenue, loss of business opportunity, or the costs
     associated therewith.

                                       7
<PAGE>

     IN WITNESS WHEREOF, the Parties have executed this Agreement in the
jurisdictions set forth beneath their signatures, effective on the date first
written above.

                                    GLOBAL CROSSING BANDWIDTH INC.

                                    By:
                                         --------------------------------
                                         Name:
                                         Title:

                                    TELEMONDE INC.

                                    By:  /s/ Adam N. Bishop
                                         --------------------------------
                                         Name:  Adam Bishop
                                         Title: President & Chief
                                                Executive Officer

                                       8<PAGE>

   Loan and Security Agreement, $500,000 working capital facility,   Exhibit 4.1
                          Suntrust Bank, Atlanta, GA

                                   Borrower
                           ALLIANCE HEALTHCARD, INC.
                                                                  COMMERCIAL
SunTrust                                                        VARIABLE RATE
                                                                 REVOLVING OR
                                                                  DRAW NOTE
SunTrust Bank
P.O. Box 4418 MC 154-B
Atlanta, GA 30302
(404) 588-7711 "LENDER"
                                    ADDRESS
                           3500 PARKWAY LANE STE 310
                              NORCROSS, GA 30092
                         TELEPHONE NO.    IDENTIFICATION NO
                         (770)734-9255    58-2445301-149

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------
                            Principal
                          Amount/Credit Funding/Agreement             Customer
   Officer      Interest      Limit           Date         Maturity    Number     Loan
Identification    Rate                                       Date                Number
----------------------------------------------------------------------------------------
<S>             <C>       <C>           <C>                <C>        <C>        <C>
     0793       Variable   $500,000.00     05/17/00        03/31/01
----------------------------------------------------------------------------------------
</TABLE>

Purpose:  START-UP AND ONGOING CAPITAL

PROMISE TO PAY:  For value received, Borrower promises to pay to the order of
Lender the principal amount of Five Hundred Thousand and no/100 Dollars
($500,000.00) or, less, the aggregate unpaid principal amount of all loans or
advances made by the Lender to the Borrower under this Note, plus interest on
the unpaid principal balance at the rate and in the manner described below,
until all amounts owing under this Note are paid in full.  All amounts received
by Lender shall be applied first to late charges and expenses, accrued unpaid
interest, then to unpaid principal, or in any other order as determined by
Lender, in Lender's sole discretion, as permitted by law.

REVOLVING OR DRAW FEATURE: [X] This Note possesses a revolving feature.  Upon
satisfaction of the conditions set forth in this Note, Borrower shall be
entitled to borrow up to the full principal amount of the Note and to repay and
reborrow from time to time during the term of this Note.  This Note possesses a
draw feature.  Upon satisfaction of the conditions set forth in this Note,
Borrower shall be entitled to draw one or more times under this Note. Any
repayment may not be reborrowed. The aggregate amount of such draws shall not
exceed the full principal amount of this Note. Information with regard to any
loans or advances under this Note shall be recorded and maintained by Lender in
its internal records and such records shall be conclusive of the principal and
interest owed by Borrower under this note unless there is a material error in
such records. The Lender's failure to record the date and amount of any loan or
advance shall not limit or otherwise affect the obligations of the Borrower
under this Note to repay the principal amount of the loans or advances together
with all interest accruing thereon. Borrower shall be entitled to inspect or
obtain a copy of the records during Lender's business hours.

CONDITIONS FOR ADVANCES:  If no Event or Default has occurred under this Note,
Borrower shall be entitled to borrow monies under this Note (subject to the
limitations described above) under the following conditions:

     Disbursements will be made at the sole discretion of the Lender unless the
Lender has otherwise specifically made

     A legally binding written commitment to make disbursements hereunder.

INTEREST RATE:  This Note has a variable rate feature.  The interest rate on
this Note may change from time to time if the Index Rate identified below
changes. Interest shall be computed on the basis of the actual number of days
                                                    -------------------------
over 360 days per year.  Interest on this Note shall be calculated and payable
-------------
at a variable rate equal to 0.500% per annum over the
                            ------           ----

                                      48
<PAGE>

Index Rate. The initial interest rate on this Note shall be 9.500% per annum.
                                                            ------
Any change in the interest rate resulting from a change in the Index Rate will
be effective on:

     Each day the Index Rate changes
     -------------------------------

INDEX RATE:  The Index Rate for this Note shall be:

     The rate of interest from time to time designated by the Lender as its
"Prime Rate", which rate is not necessarily

     The Lender's best or lowest rate of interest.

If the Index Rate is redefined or becomes unavailable, then Lender may select
another index rate which is substantially similar.

DEFAULT RATE:  If there is an Event or Default under this Note, the Lender may,
in its discretion, increase the interest rate on this Note to:  4% per annum
                                                                ------------
above interest rate accruing at maturity or at acceleration
-----------------------------------------------------------

Of the maximum interest rate Lender is permitted to charge by law, whichever is
less.

PAYMENT SCHEDULE:  Borrower shall pay the principal and interest according to
the following schedule:

     Interest only payments beginning June 17, 2000 and continuing at monthly
     time intervals thereafter.  A final payment of the unpaid principal balance
     plus accrued interest is due and payable on March 31, 2001.

PREPAYMENT:  This Note may be prepaid in part or in full on or before its
maturity date.  If this Note contains more than one installment, any partial
prepayment will not affect the due date or the amount of any subsequent
installment, unless agreed to, in writing, by Borrower and Lender.  If this Note
is prepaid in full, there will be: [X]  No minimum finance charge. [_] A
minimum finance charge of $______.

LATE CHARGE:  If a payment is received more than 15 days late, Borrower will be
                                                 --
charged a late charge of [:__%] of the unpaid
Portion of the payment; [X] $50.00 or 5.00% of the unpaid portion of the
                            ---------------
payment, whichever is [_] greater [X] less.

COLLATERAL:  To secure the payment and performance of obligations incurred under
this Note, Borrower grants Lender a security interest in all of Borrower's
right, title, and interest in all monies, instruments, savings, checking and
other accounts of Borrower (excluding IRA, Keogh and other accounts subject to
tax penalties if so assigned) that are now or in the future in Lender's custody
or control. [_] If checked, the obligations under this Note are also secured by
the collateral described in any security instruments executed in connection with
this Note, and any collateral described in any other security instruments
securing this Note or all of Borrower's obligations to Lender.

RENEWAL: [_] If checked, this Note is a renewal, but not a satisfaction, of Loan
Number ____________________________.

================================================================================
THE PERSONALS SIGNING BELOW ACKNOWLEDGE THAT THEY HAVE READ, UNDERSTAND, AND
AGREE TO THE PROVISIONS OF THIS NOTE, INCLUDING THE TERMS AND CONDITIONS ON THE
REVERSE SIDE, AND FURTHER ACKNOWLEDGE RECEIPT OF AN EXACT COPY OF THIS NOTE.

Dated:  May 17, 2000
BORROWER:  ALLIANCE HEALTHCARD INC.         BORROWER: ALLIANCE HEALTHCARD, INC.
By:  __________________________             By: ______________________________
---                                         ----
ROBERT D. GARCES                            THOMAS KISER
CHIEF EXECUTIVE OFFICER                     PRESIDENT

                                      49
<PAGE>

                             TERMS AND CONDITIONS

  1. EVENT OF DEFAULT.  An Event or Default shall occur under this Note in the
     event that Borrower, any guarantor or any other third party pledging
     collateral to secure this Note.
       a. Fails to make any payment on this Note or any other indebtedness to
          Lender when due:
       b. Fails to perform any obligation or breaches any warranty or covenant
          to Lender contained in this Note, any security instrument, or any
          other present or future written agreement regarding this or any other
          indebtedness of Borrower to Lender.
       c. Provides or causes any false or misleading signature or representation
          to be provided to Lender:
       d. Sells, conveys, or transfers rights in any collateral securing this
          Note without the written approval of Lender; or destroys, loses or
          damages such collateral in any material respect: or subjects such
          collateral to seizure, confiscation or condemnation.
       e. Has a garnishment, judgement, tax levy, attachment or lien entered or
          served against Borrower, any guarantor, or any third party pledging
          collateral to secure this Note or any of their property;
       f. Dies, becomes legally incompetent, is dissolved or terminated, ceases
          to operate its business, becomes insolvent, makes an assignment for
          the benefit of creditors, fails to pay debts as they become due, or
          becomes the subject of any bankruptcy, insolvency or debtor
          rehabilitation proceeding;
       g. Fails to provide Lender evidence of satisfactory financial condition;
       h. Has a majority of its outstanding voting securities sold, conveyed, or
          transferred to any person or entity other than any person or entity
          that has the majority ownership as of the date of the execution of
          this agreement; or
       i. If Lender deems itself insecure in good faith with respect to any of
          the obligations or indebtedness.

  2. RIGHTS OF LENDER ON EVENT OF DEFAULT. If there is an Event or Default under
     this Note, Lender will be entitled to exercise one or more of the following
     remedies without notice or demand (except as required by law):
       a. to declare the principal amount plus accrued interest under this Note
          and all other present and future obligations of Borrower immediately
          due and payable in full; such acceleration shall be automatic and
          immediate if the Event of Default is a filing under the Bankruptcy
          Code;
       b. to collect the outstanding obligations of Borrower with or without
          resorting to judicial process;
       c. to cease making advances under this Note or any other agreement
          between Borrower and Lender;
       d. to take possession of any collateral in any manner permitted by law;
       e. to require Borrower to deliver and make available to Lender any
          collateral at a place reasonably convenient to Borrower and Lender;
       f. to sell, lease or otherwise dispose of any collateral and collect any
          deficiency balance with or without resorting to legal process;
       g. to set-off Borrower's obligations against any amounts due to Borrower
          including, but not limited to, monies, instruments, and deposit
          accounts maintained with Lender; and
       h. to exercise all other rights available to Lender under any other
          written agreement or applicable law.
     Lender's rights are cumulative and may be exercised together, separately,
and in any order. Lender's remedies under this paragraph are in addition to
those available under any other written agreement or applicable law.

  3. DEMAND FEATURE. [_] If checked, this Note contains a demand feature.
     Lender's right to demand payment, at any time, and from time to time, shall
     be in Lender's sole and absolute discretion, whether or not any default has
     occurred.

  4. FINANCIAL INFORMATION. Borrower will at all times keep proper books of
     record and account in which full, true and correct entries shall be made in
     accordance with generally accepted accounting principles and will deliver
     to Lender, within ninety (90) days after the end of each fiscal year of
     Borrower, a copy of the annual financial statements of Borrower relating to
     such fiscal year, such statements to include (i) the balance sheet of
     Borrower as at the end of such fiscal year and (ii) the related income
     statement, statement of retained earnings and statement of changes in the
     financial position of Borrower for such fiscal year, prepared by such
     certified public accountants as may be reasonably satisfactory to Lender.
     Borrower also agrees to deliver to Lender within fifteen

                                      50
<PAGE>

     (15) days after filing same, a copy of Borrower's income tax returns and
     also, from time to time, such other financial information with respect to
     Borrower as Lender may request.

  5. MODIFICATION AND WAIVER. The modification or waiver of any of Borrower's
     obligations or Lender's rights under this Note must be contained in a
     writing signed by Lender. Lender may perform any of Borrower's obligations
     or delay or fail to exercise any of its rights without causing a waiver of
     those obligations or rights. A waiver on one occasion will not constitute a
     waiver on any other occasion. Borrower's obligations under this Note shall
     not be affected if Lender amends, compromises, exchanges, fails to
     exercise, impairs or releases any of the obligations belonging to any
     Borrower or guarantor or any of its rights against any Borrower, guarantor,
     or any collateral securing any of Borrower's obligations.

  6. SEVERABILITY. If any provision of this Note violates the law or is
     unenforceable, the rest of the Note shall remain valid. Notwithstanding
     anything contained in this Note to the contrary, in no event shall interest
     accrue under this Note, before or after maturity, at a rate in excess of
     the highest rate permitted by applicable law, and it interest (including
     any charge or fee held to be interest by a court of competent jurisdiction)
     in excess thereof be paid, any excess shall constitute a payment of, and be
     applied to, the principal balance hereof, and if the principal balance has
     been fully paid, then such excess interest shall be repaid to Borrower.

  7. ASSIGNMENT. Borrower agrees not to assign any of Borrower's rights,
     remedies or obligations described in this Note without the prior written
     consent of Lender, which consent may be withheld by Lender in its sole
     discretion. Borrower agrees that Lender is entitled to assign some or all
     of its rights and remedies described in this Note without notice to or the
     prior consent of Borrower.

  8. NOTICE. Any notice or other communication to be provided to Borrower or
     Lender under this Note shall be in writing and mailed to the parties at the
     addresses described in this Note or such other address as the parties may
     designate in writing from time to time.

  9. APPLICABLE LAW. This Note shall be governed by the laws of the state
     indicated in Lender's address. Unless applicable law provides otherwise,
     Borrower consents to the jurisdiction and venue of any court located in
     such state selected by Lender, in its discretion, in the event of any legal
     proceeding under this Note.

 10. COLLECTION COSTS AND ATTORNEYS' FEES. To the extent permitted by law,
     Borrower agrees to pay all costs of collection, including attorneys' fees
     of 15 percent of the principal and interest owing on the indebtedness if
     the indebtedness is collected by law or through an attorney at law.

 11. MISCELLANEOUS. This note is being executed primarily for commercial,
     agricultural, or business purposes. Borrower will provide Lender with
     current financial statements and other financial information upon request.
     Borrower and Lender agree that time is of the essence. Borrower agrees to
     make all payments to Lender at any address designated by Lender and in
     lawful United States currency. Borrower and any person who endorses this
     Note waives presentment, demand for payment, notice of dishonor and protest
     and further waives any right to require Lender to proceed against anyone
     else before proceeding against Borrower or said person. All references to
     Borrower in this Note shall include all of the parties signing this Note,
     and this Note shall be binding upon the heirs, personal representatives,
     successors and assigns of Borrower and Lender. If there is more than one
     Borrower their obligations under this Note shall be joint and several. This
     Note represents the complete and integrated understanding between Borrower
     and Lender regarding the terms hereof.

 12. JURY TRIAL WAIVER. LENDER AND BORROWER HEREBY WAIVE ANY RIGHT TO A TRIAL BY
     JURY IN ANY CIVIL ACTION ARISING OUT OF, OR BASED UPON, THIS NOTE OR THE
     COLLATERAL SECURING THIS NOTE.

 13. ADDITIONAL TERMS:

                                      51
<PAGE>

                                   Borrower
                           ALLIANCE HEALTHCARD, INC.
                                                               SCHEDULE OF
                                                               FEES,
 SunTrust                                                      CHARGES OR
                                                               DISBURSEMENTS
         --------------------------------------------------------------------
SunTrust Bank
P.O. Box 4418 MC 154-B
Atlanta, GA 30302
(404) 588-7711 "LENDER"
                                    ADDRESS
                           3500 PARKWAY LANE STE 310
                           NORCROSS, GA 30092
                           TELEPHONE NO.    IDENTIFICATION NO
                           (770)734-9255    58-2445301-149

<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------
                            Principal
                          Amount/Credit Funding/Agreement             Customer
   Officer      Interest      Limit           Date         Maturity    Number     Loan
Identification    Rate                                       Date                Number
----------------------------------------------------------------------------------------
<S>             <C>       <C>           <C>                <C>        <C>        <C>
     0793       Variable   $500,000.00     05/17/00        03/31/01
----------------------------------------------------------------------------------------
</TABLE>

Borrower has borrowed money from Lender indicated above pursuant to the above
referenced Promissory Note or Agreement.  Borrower acknowledges that the
following fees, charges and disbursements have been made or assed in connection
with the Note or Agreement.

LINE OF CREDIT AMOUNT:
        $500,000.00
        -----------
AMOUNT DISBURSED TO BORROWER FROM LINE OF CREDIT:                 n/a
                                                                  -------
______
AMOUNT DRAWN TO PAY OR CREDIT TO BORROWER'S ACCOUNTS WITH LENDER:
        $______
______  ACCOUNT NUMBER CREDITED:                                   ______

______  ACCOUNT NUMBER CREDITED:                                   ______

______  ACCOUNT NUMBER CREDITED:                                   ______

______  ACCOUNT NUMBER CREDITED:                                   ______

AMOUNT OF LOAN PROCEEDS PAID TO OTHERS ON THE BORROWERS BEHALF:   $______

______  PAYEE:                                                     ______

______  PAYEE:                                                     ______

______  PAYEE:                                                     ______

______  PAYEE:                                                     ______

______  PAYEE:                                                     ______

                                      52
<PAGE>

______  PAYEE:                                                     ______

______  PAYEE:                                                     ______

______  PAYEE:                                                     ______

______  PAYEE:                                                     ______

--------------
______  PAYEE:                                                     ______

______  PAYEE:                                                     ______

TOTAL PROCEEDS DISBURSED:                                          $  N/a
______                                                             ------

______                                       PAID IN CASH    DEDUCTED FROM LINE
AMOUNT PAID TO PUBLIC OFFICIALS:             $______             $______
______
AMOUNT PAID TO INSURANCE COMPANIES:            _________        ________
______
AMOUNT PAID TO APPRAISERS:                     _________        ________
______
AMOUNT PAID TO CREDIT REPORTING AGENCIES:      _________        ________
______
TITLE EXAMINATION:                             _________        ________
______
SETTLEMENT/CLOSING FEE:                        _________        ________
______
TITLE INSURANCE BINDER:                        _________        ________
______
ATTORNEY:                                      _________        ________
______
DOCUMENT PREPARATION FEE:                      _________        ________
______
NOTARY:                                        _________        ________
______
SURVEYOR:                                      _________        ________
______
PEST INSPECTOR:                                _________        ________
______
ABSTRACT/TITLE SEARCH:                         _________        ________
______
TITLE INSURER:                                 _________        ________
______
CITY/COUNTY TAX DEED/MORTGAGE:                 _________        ________
______
STATE TAX DEED, MORTGAGE:                      _________        ________
______
HAZARD INSURANCE PREMIUM:                      _________        ________
______
FLOOD INSURANCE PREMIUM:                       _________        ________
______

                                      53
<PAGE>

<TABLE>
<S>                                                         <C>         <C>
______                                                      _________   ___________

______                                                      _________   ___________

______                                                      _________   ___________

______                                                      _________   ___________

LOAN ORIGINATION FEE                                         1,000.00
______                                                      ---------

POINTS/DISCOUNT                                             _________   ___________
______
LENDERS INSPECTION FEE                                      _________   ___________
______
ASSUMPTION FEE                                              _________   ___________
______

TOTAL PREPAID FINANCE CHARGES AND FEES PAID IN CASH:        $1,000.00
                                                            ---------
TOTAL PREPAID FINANCE CHARGES AND FEES DEDUCTED FROM LINE:              $__________
______
BALANCE REMAINING TO BE DRAWN ON LINE:                                  $500,000.00
______                                                                  -----------
</TABLE>

--------------------------------------------------------------------------------
______

DATED: May 17, 2000

Borrower: ALLIANCE HEALTHCARD INC.           Borrower: ALLIANCE HEALTHCARD INC.

By:                                          By:
___________________________________          __________________________________
_____
ROBERT D GARCES                                     THOMAS KISER
CHIEF EXECUTIVE OFFICER                      PRESIDENT

                                      54

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00019-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00019-of-00352.parquet"}]]