Document:

Exhibit 10.103

                     THIRD PARTY DEBT GUARANTOR AGREEMENT

This Third Party Debt Guarantor Agreement (this "Agreement"), made this 30th day
of  March,  2006 and effective as of 6/14/02, with respect to the fee earned for
lending  personally  owned  collateral  to  the  Company  (discussed  below) and
effective  as  of  6/14/02, with respect to the strike price of warrants granted
hereunder  and  the  provisions regarding Other Amounts as provided herein is by
and  between American Leisure Holdings, Inc., ("AMLH") and various third parties
who  may  guarantee  the  debt of AMLH in the future ("Third Party Guarantors").
The  Third  Party Guarantors and AMLH are collectively referred to herein as the
"Parties"  and  individually  as  a  "Party."

                                   WITNESSETH

Whereas,  AMLH  is  engaged  in  corporate enterprises which often require third
party  financing;

Whereas,  this  financing  sometimes  requires  the  guarantee  of certain third
parties  who  are  not  affiliated  with  AMLH;

Whereas  the  Parties  desire  to enter into this Agreement to provide for those
Third  Party  Guarantors  to  receive warrants to purchase shares of AMLH common
stock  in  connection  with  their  guaranties;  and

Now,  therefore, in consideration of the mutual promises herein contained, it is
agreed  as  follows.

1.  The  Parties  agree  that  while  AMLH may ask the Third Party Guarantors to
provide  guarantees  or  to  provide  collateral  for  debts  of  AMLH  or  its
subsidiaries,  no Third Party Guarantors are obligated in any context to provide
such  guarantees  or  collateral.

2. In the event that any Third Party Guarantor makes a guarantee for the benefit
of  AMLH  in  conjunction with third party financing, such Third Party Guarantor
shall  earn  a  fee  for such guarantee equal to three percent (3%) of the total
original  indebtedness.  The  fee shall be paid by the issuance of one (1) stock
warrant  for  the  common stock of AMLH at a strike price of $1.02 per share for
each  dollar  of  such  fee  which  is exercisable for a period beginning on the
effective date of the grant (which shall be the date that the Party provides the
personal  guarantee)  and  ending  five  (5)  years  after the date the Party is
released  or  otherwise  no  longer obligated to provide the personal guarantee.
If,  for  example,  a  Third  Party  Guarantor  was  to  guarantee $6,000,000 of
indebtedness on May 12, 2005, and was released from such guarantee on October 2,
2005,  the  Party would be entitled to a fee of $180,000 payable to the Party in
the  form  of  warrants  to purchase 180,000 shares of common stock of AMLH at a
strike  price of $1.02 per share which would be exercisable from May 12, 2005 to
October  1,  2010.  In the event that AMLH defaults regarding the payment of any
amounts  including  accrued  interest,  but  excluding  the  total  original
indebtedness (the "Other Amounts") pursuant to the terms of any indebtedness for
which  such  Third  Party Guarantor has provided a guarantee, then in that event
such  Party  shall  each  earn  a  fee  equal to three percent (3%) of the Other
Amounts  payable  in  the  manner  described  above and exercisable for a period
beginning  on  the  date of default and ending five (5) years after the date the
Party  is  no  longer  liable  for  the  Other  Amounts.

3.  In  the  event  that  the  Third  Party  Guarantor provides personally owned
collateral  for  the  benefit of AMLH in conjunction with third party financing,
whether  or not coupled with hypothecation or a personal guarantee, then in that
event  such  Party  shall  earn  an additional fee for such pledge of personally
owned  collateral  equal to two percent (2%) of the total original indebtedness.

<PAGE>

The  fee  shall  be paid by the issuance of one (1) stock warrant for the common
stock  of  AMLH at a strike price of $1.02 per share for each dollar of such fee
which  is  exercisable for a period beginning on the effective date of the grant
(which  shall  be  the  date  that  the  Party  provides  the  personally  owned
collateral)  and  ending  five  (5)  years  after  the date the personally owned
collateral  is released or otherwise no longer subject to the indebtedness.  If,
for  example,  the  Third  Party  Guarantor  was  to  provide  personally  owned
collateral  for  $6,000,000  of indebtedness on May 12, 2005, and the personally
owned collateral was released on October 2, 2005, the Party would be entitled to
an  additional  fee  of $120,000 payable to the Party in the form of warrants to
purchase  120,000  shares of common stock of AMLH at a strike price of $1.02 per
share  which  would be exercisable from May 12, 2005 to October 1, 2010.  In the
event that AMLH defaults regarding the payment of the Other Amounts, pursuant to
the  terms  of any indebtedness for which the Third Party Guarantor has provided
personally  owned  collateral to satisfy such debts, the Party is liable for any
accrued  and  unpaid interest or other amounts pursuant to the Party's guaranty,
then  in  that event the Party shall earn an additional fee equal to two percent
(3%)  of the Other Amounts payable in the manner described above and exercisable
for  a  period  beginning on the date of default and ending five (5) years after
the  date  the  personally  owned  collateral is released or otherwise no longer
subject  to  the  Other  Amounts.

4. AMLH agrees to indemnify the Third Party Guarantor against all loss, costs or
expense  relating to the incursion of or the collection of the AMLH debt against
the Third Party Guarantor or his/her collateral.  This indemnity shall extend to
the  cost of legal defense or other such reasonably incurred expenses charged to
or  assessed  against  such Third Party Guarantor.  Evidence of such concurrence
can  be  by  any  written  manner  of  expression.

5. The Parties agree that the roster of debts covered by this Agreement shall be
maintained  by  the Chief Financial Officer of AMLH.  The roster may change from
time  to  time  and  any  debt  to be included shall be posted on the roster and
initialed  by  the  Third  Party  Guarantor  and  the  Chairman  of the board of
directors  of  AMLH.  Initials  may  be  posted  by  facsimile.

6.  This  Agreement shall inure to the benefit of the Parties' respective heirs,
successors and assigns.  This Agreement shall be construed and enforced pursuant
to  the  laws  of the State of Florida and in Florida courts.  Enforcement costs
may  be recovered by the prevailing Party, including reasonable attorneys' fees.

Dated  this  30th  day  of  March,  2006.

AMERICAN  LEISURE  HOLDINGS,  INC.

/s/  Malcolm  J.  Wright
------------------------

Malcolm  J.  Wright
Chief  Executive  Officer  and  President

<PAGE>Exhibit 10.104

                           NOTE MODIFICATION AGREEMENT
                           ---------------------------

     THIS  AGREEMENT  is  dated  as  of  February  ___,  2006,  among  STANFORD
INTERNATIONAL  BANK  LIMITED,  an  Antiguan  banking  corporation  ("SIBL"), and
AMERICAN LEISURE HOLDINGS, INC., a Nevada corporation ("ALHI"), AMERICAN LEISURE
MARKETING  & TECHNOLOGY, INC., a Florida corporation ("ALMT"), ORLANDO HOLIDAYS,
INC.,  a  Florida  corporation  ("OHI"),  AMERICAN  LEISURE,  INC.,  a  Florida
corporation  ("AL"),  WELCOME  TO  ORLANDO, INC., a Florida corporation ("WTO"),
AMERICAN TRAVEL & MARKETING GROUP, INC., a Florida corporation ("ATMG"), HICKORY
TRAVEL  SYSTEMS,  INC.,  a  Delaware  corporation  ("HTS"),  CARIBBEAN  LEISURE
MARKETING  LIMITED,  an Antiguan limited company ("CLM"), CASTLECHART LIMITED, a
United  Kingdom  private  limited company ("CC"), TIERRA DEL SOL RESORT, INC., a
Florida  corporation  formerly  known  as  SUNSTONE GULF RESORT, INC., a Florida
corporation  ("TDSR"),  ADVANTAGE PROFESSIONAL MANAGEMENT GROUP, INC., a Florida
corporation  ("APMG"),  and  MALCOLM  J.  WRIGHT  ("Wright").

                                    RECITALS
                                    --------

     A.  SIBL  is  the  owner  and  holder  of  the  following Promissory Notes:

          1.  $6,000,000  Promissory  Note  dated  December 18, 2003, originally
     issued  by  TDSR, ALMT, APMG, CLM, CC and ALHI in favor of Stanford Venture
     Capital  Holdings,  Inc.,  a  Delaware corporation ("SVCH"), which note has
     been  assigned  by  SVCH  to  SIBL  effective  as of November 30, 2004 (the
     "$6,0000,000  Note").

          2.  $3,000,000  Promissory Note dated June 17, 2004, originally issued
     by ALMT, OHI, AL, WTO, ATMG, HTS, and ALHI in favor of SVCH, which note has
     been  assigned  by  SVCH  to  SIBL  effective  as of November 30, 2004 (the
     "$3,000,000  Note").

          3.  $1,250,000  Promissory  Note  dated  as  of  November  15,  2004,
     originally  issued  by  ALMT, OHI, AL, WTO, ATMG, HTS, and ALHI in favor of
     SVCH, which note has been assigned by SVCH to SIBL effective as of November
     30,  2004  (the  "$1,250,000  Note").

          4.  $1,355,000 Second Renewal Promissory Note dated as of December 13,
     2004,  originally  issued  by CLM, CC and ALHI in favor of SVCH, which note
     has  been  assigned  by SVCH to SIBL effective as of November 30, 2004 (the
     "$1,355,000  Note").

          5.  $305,000  Secured  Promissory  Note dated as of September 7, 2005,
     issued  by  CLM,  CC  and  ALHI  in  favor  of  SIBL (the "$305,000 Note").

          6. $2,100,000 Promissory Note dated as of December 28, 2005, issued by
     TDSR  in  favor  of  SIBL  (the  "$2,100,000  Note").

<PAGE>

     B.  Wright is the President and a major stockholder of ALHI and directly or
indirectly  owns a substantial equity interest in the obligors (the "Borrowers")
under  the  above-described  promissory  notes  (each a "Note"; collectively the
"Notes").

     C.  Wright  is  the  guarantor  of  the  $6,000,000  Note.

     D.  Wright  and  the  Borrowers  have  requested  that  SIBL  grant certain
extensions  of payments required under the Notes, and SIBL is agreeable to same.

     NOW,  THEREFORE,  in consideration of the mutual covenants contained herein
and  other good and valuable consideration, the receipt and sufficiency of which
are  hereby acknowledged, the parties agree that the foregoing recitals are true
and  correct  and  further  acknowledge  and  agree  as  follows:

          1.  Interest on the $6,000,000 Note has been paid through December 31,
     2004. Interest accrued from January 1, 2005, through September 30, 2006, on
     the  $6,000,000  Note  shall  be  due  and  payable  on September 30, 2006.
     Interest accruing after September 30, 2006, on the $6,000,000 Note shall be
     paid  in  accordance  with  the  original  terms  of  the  Note.

          2.  Interest  accrued on the $3,000,000 Note from the date of the Note
     through September 30, 2006, shall be due and payable on September 30, 2006.
     Interest accruing after September 30, 2006, on the $3,000,000 Note shall be
     paid  in  accordance  with  the  original  terms  of  the  Note.

          3.  The  Maturity  Date  of  the $1,250,000 Note is hereby extended to
     September  30,  2006. The principal amount of the $1,250,000 Note, together
     with  all  interest  accrued from the date of the $1,250,000 Note, shall be
     due  and  payable in full on that date. No payments shall be required prior
     to  the  revised  Maturity  Date.

          4. The Maturity Date of the $1,355,000 Note is hereby extended to June
     30,  2007.  The  principal amount of the $1,355,000 Note, together with all
     interest  accrued  from  the  date of the Note, shall be due and payable in
     full  on  that  date.  No  payments  shall be required prior to the revised
     Maturity  Date.

          5.  The  Maturity Date of the $305,000 Note is hereby extended to June
     30,  2007.  The  principal  amount  of the Note, together with all interest
     accrued from the date of the Note, shall be due and payable in full on that
     date.  No  payments  shall  be  required  prior  to  the  Maturity  Date.

          6.  Interest  on  the  outstanding principal balance of the $2,100,000
     Note  will payable in arrears, on a quarterly basis, with the first payment
     due  on  March 28, 2006 and with subsequent payments due on each subsequent
     June 28, September 28, December 28 and March 28, until the Maturity Date of
     December  27,  2007, when the outstanding principal balance and all accrued
     but  unpaid  interest  will  be  due  and  payable  in  full.

          7.  Wright hereby consents to the modifications of the Notes set forth
     above  and  reaffirms  his  unconditional  Guaranty of the $6,000,000 Note.

<PAGE>

          8.  SIBL hereby waives: (i) any defaults arising under the Notes prior
     to  the date of this Agreement attributable to the failure of the Borrowers
     to  make payments of interest due under the Notes prior to the date of this
     Agreement;  and (ii) any defaults arising from the failure of the Borrowers
     and  Around  the  World  Travel,  Inc. ("AWT") under the $1,250,000 Note to
     fulfill  the  financial  reporting  requirements  under  the loan documents
     related  to  the $1,250,000 Note. SIBL further waives the obligation of the
     Borrowers  and  AWT  under  the  $1,250,000  Note  to fulfill the financial
     reporting  requirements  described  in subsection (ii) above in the future,
     provided that SIBL may reinstate such requirements at any time upon written
     demand  to  the  Borrowers  under  the  $1,250,000  Note.

          9.  Except as specifically modified herein, all terms of the Notes and
     the  other  agreements  relating  thereto  shall  remain  in full force and
     effect.

                       STANFORD  INTERNATIONAL  BANK  LIMITED,
                       an  Antiguan  banking corporation

                       By: /s/ James Davis
                          ---------------------------
                       Name: James Davis
                            -------------------------
                       Title: CFO
                             ------------------------

                       AMERICAN LEISURE HOLDINGS, INC.,
                       a Nevada corporation

                       By: /s/ Malcolm J. Wright
                          ---------------------------
                       Name: Malcolm J. Wright
                            -------------------------
                       Title: CEO
                             ------------------------

                       AMERICAN LEISURE MARKETING &
                       TECHNOLOGY, INC., a Florida corporation

                       By: /s/ Malcolm J. Wright
                          ---------------------------
                       Name: Malcolm J. Wright
                            -------------------------
                       Title: President
                             ------------------------

                       ORLANDO HOLIDAYS, INC., a Florida corporation

                       By: /s/ Malcolm J. Wright
                          ---------------------------
                       Name: Malcolm J. Wright
                            -------------------------
                       Title: President
                             ------------------------

<PAGE>

                       AMERICAN LEISURE, INC., a Florida corporation

                       By: /s/ Malcolm J. Wright
                          ---------------------------
                       Name: Malcolm J. Wright
                            -------------------------
                       Title: President
                             ------------------------

                       WELCOME TO ORLANDO, INC., a Florida corporation

                       By: /s/ Malcolm J. Wright
                          ---------------------------
                       Name: Malcolm J. Wright
                            -------------------------
                       Title: President
                             ------------------------

                       AMERICAN TRAVEL & MARKETING GROUP,
                       INC., a Florida corporation

                       By: /s/ Malcolm J. Wright
                          ---------------------------
                       Name: Malcolm J. Wright
                            -------------------------
                       Title: President
                             ------------------------

                       HICKORY TRAVEL SYSTEMS, INC.,
                       a Delaware corporation

                       By: /s/ William Chiles
                          ----------------------------
                       Name: William Chiles
                            --------------------------
                       Title: CEO
                             -------------------------

                       CARIBBEAN LEISURE MARKETING LIMITED,
                       an Antiguan limited company

                       By: /s/ Malcolm J. Wright
                          ---------------------------
                       Name: Malcolm J. Wright
                            -------------------------
                       Title: President
                             ------------------------

<PAGE>

                       CASTLECHART LIMITED, a United Kingdom private
                       limited company

                       By: /s/ Malcolm J. Wright
                          ---------------------------
                       Name: Malcolm J. Wright
                            -------------------------
                       Title: Managing Director
                             ------------------------

                       TIERRA DEL SOL RESORT, INC., a Florida
                       corporation formerly known as Sunstone Gulf Resort, Inc.

                       By: /s/ Malcolm J. Wright
                          ---------------------------
                       Name: Malcolm J. Wright
                            -------------------------
                       Title: President
                             ------------------------

                       ADVANTAGE PROFESSIONAL MANAGEMENT
                       GROUP, INC., a Florida corporation

                       By: /s/ Malcolm J. Wright
                          ---------------------------
                       Name: Malcolm J. Wright
                            -------------------------
                       Title: President
                             ------------------------

                       /s/ Malcolm J. Wright
                       -----------------------------------
                       MALCOLM  J. WRIGHT

<PAGE>

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