Document:

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                                                                  EXHIBIT 10.109

                                WARRANT AGREEMENT

         WARRANT AGREEMENT dated as of January 13, 2000, between Electronic
Medical Distribution, Inc., a Delaware corporation (the "COMPANY"), and
Greenfield Capital Partners, LLC (hereinafter referred to as "AGENT").

                              W I T N E S S E T H:

         WHEREAS, Agent has acted as a placement agent in connection with the
Company's offering (the "OFFERING") of up to $4,000,000 in aggregate amount of
Series A Preferred Stock, no par value, (the "PREFERRED STOCK") for an aggregate
purchase price of $4,000,000; and

         WHEREAS, the Warrants issued pursuant to this Agreement are being
issued by the Company to Agent and/or its designees, in consideration for, and
as part of its role in connection with the Offering;

         NOW, THEREFORE, in consideration of the premises, the agreements herein
set forth and other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto agree as follows:

         1.       Grant.

         Agent and/or its designees are hereby granted the right to purchase, at
any time from the date of issuance of the aforementioned Preferred Stock until
5:00 P.M., Eastern Standard Time, on January 12, 2005 (the "WARRANT EXERCISE
TERM"), 26,666 Shares of the common stock of the Company, par value $0.0001 per
share (the "COMMON STOCK") at an exercise price (subject to adjustment as
provided in Article 7 hereof) of $5.126 per share (the "INITIAL EXERCISE
PRICE").

         2.       Warrant Certificates.

         The warrant certificates (the "WARRANT CERTIFICATES") delivered and to
be delivered pursuant to this Agreement shall be in the form set forth as
Exhibit A, attached hereto and made a part hereof, with such appropriate
insertions, omissions, substitutions and other variations as required or
permitted by this Agreement.

         3.       Exercise of Warrants.

                  3.1      Cash Exercise. The Exercise Price may be paid in cash
or by check to the order of the Company, or any combination of cash or check,
subject to adjustment as provided in Article 7 hereof. Upon surrender of the
Warrant Certificate with the annexed Form of Election to Purchase duly executed,
together with payment of the Exercise Price (as hereinafter defined) for the
Shares purchased, at the Company's executive offices currently located at 5655
Peachtree Parkway, Norcross, Georgia 30092, the registered holder of a Warrant
Certificate ("HOLDER" or "HOLDERS") shall be entitled to receive a certificate
or certificates for the Shares so purchased. The purchase rights represented by
each Warrant Certificate are exercisable at the option of the Holder hereof, in

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whole or in part (but not as to fractional shares of the Common Stock). In the
case of the purchase of less than all the Shares purchasable under any Warrant
Certificate, the Company shall cancel said Warrant Certificate upon the
surrender thereof and shall execute and deliver a new Warrant Certificate of
like tenor for the balance of the Shares purchasable thereunder.

                  3.2      Cashless Exercise. At any time during the Warrant
Exercise Term, the Holder may, at its option, exchange this Warrant, in whole or
in part (a "WARRANT EXCHANGE"), into the number of Shares determined in
accordance with this Section 3.2, by surrendering this Warrant at the principal
office of the company or at the office of its transfer agent, accompanied by a
notice stating such Holder's intent to effect such exchange, the number of
Shares to be exchanged and the date on which the Holder requests that such
Warrant Exchange occur (the "NOTICE OF EXCHANGE"). The Warrant Exchange shall
take place on the date specified in the Notice of Exchange or, if later, the
date the Notice of Exchange is received by the Company (the "EXCHANGE DATE").
Certificates for the Shares issuable upon such Warrant Exchange and, if
applicable, a new warrant of like tenor evidencing the balance of the Shares
remaining subject to this Warrant, shall be issued as of the Exchange Date and
delivered to the Holder within seven (7) business days following the Exchange
Date. In connection with any Warrant Exchange, this Warrant shall represent the
right to subscribe for and acquire the number of Shares (rounded to the next
highest integer) equal to (i) the number of Shares specified by the Holder in
its Notice of Exchange (the "TOTAL NUMBER") less (ii) the number of Shares equal
to the quotient obtained by dividing (A) the product of the Total Number and the
then existing Exercise Price by (B) the current market value of a share of
Common Stock.

         4.       Issuance of Certificates.

         Upon the exercise of the Warrants, the issuance of certificates for the
Shares shall be made forthwith (and in any event within five business days
thereafter) without charge to the Holder thereof including, without limitation,
any tax which may be payable in respect of the issuance thereof, and such
certificates shall be issued in the name of, or in such names as may be directed
by, the Holder thereof; provided, however, that the Company shall not be
required to pay any tax which may be payable in respect of any transfer involved
in the issuance and delivery of any such certificates in a name other than that
of the Holder and the Company shall not be required to issue or deliver such
certificates unless or until the person or persons requesting the issuance
thereof shall have paid to the Company the amount of such tax or shall have
established to satisfaction of the Company that such tax has been paid.

         The Warrant Certificates and the certificates representing the Shares
shall be executed on behalf of the Company by the manual or facsimile signature
of the present or any future Chairman or Vice Chairman of the Board of
Directors, Chief Executive officer or President or Vice President of the Company
under its corporate seal reproduced thereon, attested to by the manual or
facsimile signature of the present or any future Secretary or Assistant
Secretary of the Company. Warrant Certificates shall be dated the date of
execution by the Company upon initial issuance, division, exchange, substitution
or transfer.

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         The Warrant Certificates and, upon exercise of the Warrants, in part or
in whole, certificates representing the Shares shall bear a legend substantially
similar to the following:

         The securities represented by this certificate have not been registered
         under the Securities Act of 1933, as amended (the "ACT"), and may not
         be offered or sold except (i) pursuant to an effective registration
         statement under the Act, (ii) to the extent applicable, pursuant to
         Rule 144 under the Act (or any similar rule under such Act relating to
         the disposition of securities), or (iii) upon the delivery by the
         holder to the Company of an opinion of counsel, satisfactory to counsel
         to the issuer, stating that an exemption from registration under such
         Act is available.

         5.       Price.

                  5.1      Adjusted Exercise Price. The adjusted Exercise Price
shall be the price which shall result from time to time from any and all
adjustments of the Initial Exercise Price in accordance with the provisions of
Article 7 hereof.

                  5.2      Exercise Price. The term "EXERCISE PRICE" herein
shall mean the Initial Exercise Price or the adjusted Exercise Price, depending
upon the context.

         6.       Registration Rights.

                  6.1      Registration Under the Securities Act of 1993.

The Warrants and the Shares have not been registered for purposes of public
distribution under the Securities Act of 1933, as amended ("THE ACT").

                  6.2      Registrable Securities. As used herein the term
"REGISTRABLE SECURITY" means each of the Warrants, the Shares and any shares of
Common Stock issued upon any stock split or stock dividend in respect of such
Shares; provided, however, that with respect to any particular Registrable
Security, such security shall cease to be a Registrable Security when, as of the
date of determination, (i) it has been effectively registered under the
Securities Act and disposed of pursuant thereto, (ii) registration under the
Securities Act is no longer required for the immediate public distribution of
such security or (iii) it has ceased to be outstanding. The term "REGISTRABLE
SECURITIES" means any and/or all of the securities falling within the foregoing
definition of a "Registrable Security." In the event of any merger,
reorganization, consolidation, recapitalization or other change in corporate
structure affecting the Common Stock, such adjustment shall be made in the
definition of "Registrable Security" as is appropriate in order to prevent any
dilution or enlargement of the rights granted pursuant to this Article 6.

                  6.3      Piggyback Registration. If, at any time during the
five years following the date of this Agreement, the Company proposes to prepare
and file any registration statement or post-effective amendments (other than in
connection with an underwritten initial public offering or initial

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registration of the Company or the Company's securities with the U.S. Securities
& Exchange Commission) thereto covering equity or debt securities of the
Company, or any such securities of the Company held by its shareholders (in any
such case, other than in connection with a merger, acquisition or pursuant to
Form S-8 or successor form), (for purposes of this Article 6, collectively, a
"REGISTRATION STATEMENT"), it will give written notice of its intention to do so
by registered mail ("NOTICE"), at ten (10) business days prior to the filing of
each such Registration Statement, to all holders of the Registrable Securities.
Upon the written request of such a holder (a "REQUESTING HOLDER"), made within
ten (10) business days after receipt of the Notice, that the Company include any
of the Requesting Holder's Registrable Securities in the proposed Registration
Statement, the Company shall, as to each such Requesting Holder, use its best
efforts to effect the registration under the Securities Act of the Registrable
Securities which it has been so requested to register ("PIGGYBACK
REGISTRATION"), at the Company's sole cost and expense and at no cost or expense
to the Requesting Holders. Notwithstanding the provisions of this Section 6.3,
the Company shall have the right at any time after it shall have given written
notice pursuant to this Section 6.3 (irrespective of whether any written request
for inclusion of such securities shall have already been made) to elect not to
file any such proposed Registration Statement, or to withdraw the same after the
filing but prior to the effective date thereof.

         7.       Adjustments of Exercise Price and Number of Shares.

                  7.1      Subdivision and Combination. In case the Company
shall at any time subdivide or combine the outstanding shares of Common Stock,
the Exercise Price shall forthwith be proportionately decreased in the case of
subdivision or increased in the case of combination.

                  7.2      Adjustment in Number of Shares. Upon each adjustment
of the Exercise Price pursuant to the provisions of this Article 7, the number
of Shares issuable upon the exercise of each Warrant shall be adjusted to the
nearest full Share by multiplying a number equal to the Exercise Price in effect
immediately prior to such adjustment by the number of Shares issuable upon
exercise of the Warrants immediately prior to such adjustment and dividing the
product so obtained by the adjusted Exercise Price.

                  7.3      Reclassification, Consolidation, Merger, etc. In case
of any reclassification or change of the outstanding shares of Common Stock
(other than a change in par value to no par value, or from no par value to par
value, or as a result of a subdivision or combination), or in the case of any
consolidation of the Company with, or merger of the Company into, another
corporation (other than a consolidation or merger in which the Company is the
surviving corporation and which does not result in any reclassification or
change of the outstanding shares of Common Stock, except a change as a result of
a subdivision or combination of such shares or a change in par value, as
aforesaid), or in the case of a sale or conveyance to another corporation of the
property of the Company as an entirety, the Holders shall thereafter have the
right to purchase the kind and number of shares of stock and other securities
and property receivable upon such reclassification, change, consolidation,
merger, sale or conveyance as if the Holders were the owners of the shares of
Common Stock underlying the Warrants immediately prior to any such events at a
price equal to the

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product of (x) the number of shares issuable upon exercise of the Warrants and
(y) the Exercise Price in effect immediately prior to the record date for such
reclassification, change, consolidation, merger, sale or conveyance as if such
Holders had exercised the Warrants.

                  7.4      No Adjustment of Exercise Price in Certain Cases. No
adjustment of the Exercise Price shall for example be made:

                           (a)      Upon the issuance or sale of shares of
                  Common Stock upon the exercise of the Warrants; or

                           (b)      Upon (i) the issuance of options pursuant to
                  the Company's employee stock option plans in effect or the
                  issuance or sale by the Company of any shares of Common Stock
                  pursuant to the exercise of any such options, or (ii) the
                  issuance or sale by the Company of any shares of Common Stock
                  pursuant to the exercise of any options or warrants; or

                           (c)      Upon the issuance of shares of Common Stock
                  pursuant to contractual obligations; or

                           (d)      If the amount of said adjustment shall be
                  less than 2 cents (2(cent)) per Share, provided, however, that
                  in such case any adjustment that would otherwise be required
                  then to be made shall be carried forward and shall be made at
                  the time of and together with the next subsequent adjustment
                  which, together with any adjustment so carried forward, shall
                  amount to at least 2 cents (2(cent)) per Share.

                  7.5      Dividends and Other Distributions with Respect to
Outstanding Securities. In the event that the Company shall at any time prior to
the exercise of all Warrants declare a dividend (other than a dividend
consisting solely of shares of Common Stock or a cash dividend or distribution
payable out of current or retained earnings) or otherwise distribute to its
shareholders any monies, assets, property, rights, evidences of indebtedness,
securities (other than shares of Common Stock), whether issued by the Company or
by another person or entity, or any other thing of value, the Holder or Holders
of the unexercised Warrants shall thereafter be entitled, in addition to the
shares of Common Stock or other securities receivable upon the exercise thereof,
to receive, upon the exercise of such Warrants, the same monies, property,
assets, rights, evidences of indebtedness, securities or any other thing of
value that they would have been entitled to receive at the time of such dividend
or distribution. At the time of any such dividend or distribution, the Company
shall make appropriate reserves to ensure the timely performance of the
provisions of this Subsection 7.5.

         8.       Exchange and Replacement of Warrant Certificates.

         Each Warrant Certificate is exchangeable without expense, upon the
surrender hereof by the registered Holder at the principal executive office of
the Company, for a new Warrant Certificate of

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like tenor and date representing in the aggregate the right to purchase the same
number of Shares in such denominations as shall be designated by the Holder
thereof at the time of such surrender.

         Upon receipt by the Company of evidence reasonably satisfactory to it
of the loss, theft, destruction or mutilation of any Warrant Certificate, and,
in case of loss, theft or destruction, of indemnity or security reasonably
satisfactory to it, and reimbursement to the Company of all reasonable expenses
incidental thereto, and upon surrender and cancellation of the Warrants, if
mutilated, the Company will make and deliver a new Warrant Certificate of like
tenor, in lieu thereof.

         9.   Elimination of Fractional Interests.

         The Company shall not be required to issue certificates representing
fractions of shares of Common Stock and shall not be required to issue scrip or
pay cash in lieu of fractional interests, it being the intent of the parties
that all fractional interests shall be eliminated by rounding any fraction up to
the nearest whole number of shares of Common Stock.

         10.      Reservation and Listing of Securities.

         The Company shall at all times reserve and keep available out of its
authorized shares of Common Stock, solely for the purpose of issuance upon the
exercise of the Warrants, such number of shares of Common Stock as shall be
issuable upon the exercise thereof. The Company covenants and agrees that, upon
exercise of the Warrants and payment of the Exercise Price therefor, all shares
of Common Stock issuable upon such exercise shall be duly and validly issued,
fully paid, nonassessable and not subject to the preemptive rights of any
shareholder. As long as the Warrants shall be outstanding, the Company shall use
its best efforts, once it has become a public company, to cause all shares of
Common Stock issuable upon the exercise of the Warrants to be listed on or
quoted on the electronic bulletin board, by NASDAQ or listed on such national
securities exchanges.

         11.      Notices to Warrant Holders.

         Nothing contained in this Agreement shall be construed as conferring
upon the Holder or Holders the right to vote or to consent or to receive notice
as a shareholder in respect of any meetings of shareholders for the election of
directors or any other matter, or as having any rights whatsoever as a
shareholder of the Company. If, however, at any time prior to the expiration of
the Warrants and their exercise, any of the following events shall occur:

                  (a)      the Company shall take a record of the holders of its
         shares of Common Stock for the purpose of entitling them to receive a
         dividend or distribution payable otherwise than in cash, or a cash
         dividend or distribution payable otherwise than out of current or
         retained earnings, as indicated by the accounting treatment of such
         dividend or distribution on the books of the Company; or

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                  (b)      a dissolution, liquidation or winding up of the
         Company (other than in connection with a consolidation or merger) or a
         sale of all or substantially all of its property, assets and business
         as an entirety shall be proposed;

then, in any one or more of said events, the Company shall give written notice
of such event at least fifteen (15) days prior to the date fixed as a record
date or the date of closing the transfer books for the determination of the
shareholders entitled to such dividend, distribution, convertible or
exchangeable securities or subscription rights, options or warrants, or entitled
to vote on such proposed dissolution, liquidation, winding up or sale. Such
notice shall specify such record date or the date of closing the transfer books,
as the case may be. Failure to give such notice or any defect therein shall not
affect the validity of any action taken in connection with the declaration or
payment of any such dividend or distribution, or any proposed dissolution,
liquidation, winding up or sale.

         12.      Notices.

         All notices, requests, consents and other communications hereunder
shall be in writing and shall be deemed to have been duly made when delivered,
or mailed by registered or certified mail, return receipt requested:

                  (a)      If to a registered Holder of the Warrants, to the
         address of such Holder as shown on the books of the Company; or

                  (b)      If to the Company, to the address set forth in
         Section 3 of this Agreement or to such other address as the Company may
         designate by notice to the Holders.

         13.      Supplements and Amendments.

         The Company may from time to time supplement or amend this Agreement
without the approval of any Holders of Warrant Certificates in order to cure any
ambiguity, to correct or supplement any provision contained herein which may be
defective or inconsistent with any provisions herein, or to make any other
provisions in regard to matters or questions arising hereunder which the Company
may deem necessary or desirable and which the Company deems not to adversely
affect the interests of the Holders of Warrant Certificates.

         14.      Successors.

         All the covenants and provisions of this Agreement by or for the
benefit of the Company and the Holders inure to the benefit of their respective
successors and assigns hereunder.

         15.      Termination.

         This Agreement shall terminate at the close of business on January 12,
2005. Notwithstanding the foregoing, this Agreement will terminate on any
earlier date when all Warrants

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have been exercised and all the Shares issuable upon exercise of the Warrants
have been resold to the public; provided, however, that the provisions of
Article 6 shall survive such termination until the close of business on January
12, 2005.

         16.      Governing Law.

         This Agreement and each Warrant Certificate hereunder shall be governed
by and interpreted in accordance with the laws of the State of Georgia without
regard to the principles of conflict of laws. The parties further agree that any
action between them shall be heard in Atlanta, Georgia, and expressly consent to
the jurisdiction and venue of the Superior Court of Fulton County, Georgia, and
the United States District Court for the Northern District of Georgia, Atlanta
Division for the adjudication of any civil action asserted pursuant to this
Paragraph.

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         17.      Benefits of This Agreement.

         Nothing in this Agreement shall be construed to give to any person or
corporation other than the Company and the Agent and any other registered holder
or holders of the Warrant Certificates, Warrants or the Shares any legal or
equitable right, remedy or claim under this Agreement; and this Agreement shall
be for the sole and exclusive benefit of the Company and the Agent and any other
holder or holders of the Warrant Certificates, Warrants or the Shares.

         18.      Counterparts.

         This Agreement may be executed in any number of counterparts and each
of such counterparts shall for all purposes be deemed to be an original, and
such counterparts shall together constitute but one and the same instrument.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

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         IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed, as of the day and year first above written.

                                          ELECTRONIC MEDICAL DISTRIBUTION, INC.

                                          By: /s/ Timothy C. Moses
                                             ----------------------------------
                                          Name:    Timothy C. Moses
                                          Title:   President

Attest:
       ----------------------------
Name:
     ------------------------------
Title:
      -----------------------------

                                          AGENT:
                                          GREENFIELD CAPITAL PARTNERS, LLC

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

Attest:
       ----------------------------
Name:
     ------------------------------
Title:
      -----------------------------

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                                    EXHIBIT A

THE WARRANTS REPRESENTED BY THIS CERTIFICATE AND THE OTHER SECURITIES ISSUABLE
UPON EXERCISE THEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933,
AS AMENDED (THE "ACT"), AND MAY NOT BE OFFERED OR SOLD EXCEPT (i) PURSUANT TO AN
EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT, (ii) TO THE EXTENT APPLICABLE,
PURSUANT TO RULE 144 UNDER SUCH ACT (OR ANY SIMILAR RULE UNDER SUCH ACT RELATING
TO THE DISPOSITION OF SECURITIES), OR (iii) UPON THE DELIVERY BY THE HOLDER TO
THE COMPANY OF AN OPINION OF COUNSEL, REASONABLY SATISFACTORY TO COUNSEL FOR THE
ISSUER, STATING THAT AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT IS AVAILABLE.

THE TRANSFER OR EXCHANGE OF THE WARRANTS REPRESENTED BY THIS CERTIFICATE IS
RESTRICTED IN ACCORDANCE WITH THE WARRANT AGREEMENT REFERRED TO HEREIN.

                            EXERCISABLE ON OR BEFORE
               5:00 P.M., EASTERN STANDARD TIME, JANUARY 12, 2005

No. ___________                                                   26,666 Shares

                               WARRANT CERTIFICATE

         This Warrant Certificate certifies that Greenfield Capital Partners,
LLC ("AGENT") or registered assigns, is the registered holder of Warrants to
purchase, at any time from January 13, 2000, until 5:00 P.M. Eastern Standard
Time on January 12, 2005 ("EXPIRATION DATE"), up to 26,666 shares ("SHARES") of
fully-paid and non-assessable common stock, par value $0.0001 per share ("COMMON
STOCK"), of Electronic Medical Distribution, Inc., a Delaware corporation (the
"COMPANY"), at the Initial Exercise Price, subject to adjustment in certain
events (the "EXERCISE PRICE"), of $5.126 per Share upon surrender of this
Warrant Certificate and payment of the Exercise Price at an office or agency of
the Company, but subject to the conditions set forth herein and in the warrant
agreement dated as of January 13, 2000, between the Company and Agent (the
"WARRANT AGREEMENT"). Payment of the Exercise Price may be made in cash, or by
certified or official bank check in New York Clearing House funds payable to the
order of the Company, or any combination of cash or check.

         No Warrant may be exercised after 5:00 P.M., Eastern Standard Time, on
the Expiration Date, at which time all Warrants evidenced hereby, unless
exercised prior thereto, shall thereafter be void.

         The Warrants evidenced by this Warrant Certificate are part of a duly
authorized issue of Warrants issued pursuant to the Warrant Agreement, which
Warrant Agreement is hereby incorporated by reference in and made a part of this
instrument and is hereby referred to in a description of

<PAGE>   12

the rights, limitation of rights, obligations, duties and immunities thereunder
of the Company and the holders (the words "HOLDERS" or "HOLDER" meaning the
registered holders or registered holder) of the Warrants.

         The Warrant Agreement provides that upon the occurrence of certain
events, the Exercise Price and/or number of the Company's securities issuable
thereupon may, subject to certain conditions, be adjusted. In such event, the
Company will, at the, request of the holder, issue a new Warrant Certificate
evidencing the adjustment in the Exercise Price and the number and/or type of
securities issuable upon the exercise of the Warrants; provided, however, that
the failure of the Company to issue such new Warrant Certificates shall not in
any way change, alter, or otherwise impair, the rights of the holder as set
forth in the Warrant Agreement.

         Upon due presentment for registration of transfer of this Warrant
Certificate at an office or agency of the Company, a new Warrant Certificate or
Warrant Certificates of like tenor and evidencing in the aggregate a like number
of Warrants shall be issued to the transferees) in exchange for this Warrant
Certificate, subject to the limitations provided herein and in the Warrant
Agreement, without any charge except for any tax, or other governmental charge
imposed in connection therewith.

         Upon the exercise of less than all of the Warrants evidenced by this
Certificate, the Company shall forthwith issue to the holder hereof a new
Warrant Certificate representing such number of unexercised Warrants.

         The Company may deem and treat the registered holder(s) hereof as the
absolute owner(s) of this Warrant Certificate (notwithstanding any notation of
ownership or other writing hereon made by anyone), for the purpose of any
exercise hereof, and of any distribution to the holder(s) hereof, and for all
other purposes, and the Company shall not be affected by any notice to the
contrary.

         All terms used in this Warrant Certificate which are defined in the
Warrant Agreement shall have the meanings assigned to them in the Warrant
Agreement.

         IN WITNESS WHEREOF, the Company has caused this Warrant Certificate to
be duly executed under its corporate seal.

Dated: As of January 13, 2000             ELECTRONIC MEDICAL DISTRIBUTION, INC.

                                          By:
                                             -----------------------------------
                                          Name: Timothy C. Moses
                                          Title: President

Attest:
       ----------------------------
Name:
     ------------------------------
Title:
      -----------------------------

<PAGE>   13

                         [FORM OF ELECTION TO PURCHASE]

         The undersigned hereby irrevocably elects to exercise the right,
represented by this Warrant Certificate, to purchase ____________ Shares and
herewith tenders in payment for such Shares cash or a certified or official bank
check payable in New York Clearing House Funds to the order of ________________
in the amount of $_______________, all in accordance with the terms hereof. The
undersigned requests that a certificate for such Shares be registered in the
name of ___________________________________ whose address is___________________,
and that such Certificate be delivered to _____________________________________,
whose address is _______________________________________________________________

Dated: _____________________                Signature:__________________________

                                            (Signature must conform in all
                                            respects to name of holder as
                                            specified on the face of the Warrant
                                            Certificate.)

___________________________________

___________________________________
(Insert Social Security or Other
Identifying Number of Holder)

<PAGE>   14

                              [FORM OF ASSIGNMENT]

             (To be executed by the registered holder if such holder
                  desires to transfer the Warrant Certificate.)

         FOR VALUE RECEIVED ___________________________________________ hereby
sells, assigns and transfers unto

________________________________________________________________________________
                  (Please print name and address of transferee)

this Warrant Certificate, together with all right, title and interest therein,
and does hereby irrevocably constitute and appoint ___________________________,
Attorney, to transfer the within Warrant Certificate on the books of the
within-named Company, with full power of substitution.

Dated: _____________________                Signature:__________________________

                                            (Signature must conform in all
                                            respects to name of holder as
                                            specified on the face of the Warrant
                                            Certificate.)

___________________________________

___________________________________
(Insert Social Security or Other
Identifying Number of Holder)<PAGE>   1
                                                                   Exhibit 10.40

                            NATIONAL CITY CORPORATION
               LONG-TERM SUPPLEMENTAL INCENTIVE COMPENSATION PLAN
                             FOR EXECUTIVE OFFICERS

                            Effective January 1, 2000
                            -------------------------

                  ARTICLE 1. ESTABLISHMENT AND PURPOSE OF PLAN

         1.1 ESTABLISHMENT OF THE PLAN. The following are the provisions of the
National City Corporation Long-Term Supplemental Incentive Compensation Plan for
Executive Officers (herein referred to as the "Plan"), effective as of January
1, 2000.

         The Plan shall be effective for all purposes with respect to Plan Years
commencing on or after January 1, 2000, and with respect to all determinations
to be made on or after such date (including but not limited to determinations of
eligibility to participate, amounts of Awards, and entitlement to Awards).

         1.2 PURPOSE. The purpose of the Plan is to maximize the returns to
stockholders, to promote the long-term profitability and success of the
Corporation, and to help build loyalty to the Corporation by providing an
incentive to those key executives of the Corporation who are primarily
responsible for such profitability and success.

         1.3 OPERATION OF THE PLAN. The Plan shall be administered by the
Compensation and Organization Committee of the Board of Directors of the
Corporation. The Plan shall serve as a non-qualified plan providing for deferred
compensation as provided hereunder.

                             ARTICLE 2. DEFINITIONS

         2.1 DEFINITIONS. Whenever used herein, the following terms shall have
the meanings set forth below, unless otherwise expressly provided. When the
defined meaning is intended, the term is capitalized.

<PAGE>   2

         (a)  "Account" shall mean an account to be established and maintained
              by the Corporation in the name of each Participant, as described
              in Article 9.

         (b)  "Award" shall mean the payment earned by a Participant based on
              services rendered during the Performance Period.

         (c)  "Board" shall mean the Board of Directors of the Corporation.

         (d)  "Committee" shall mean the Compensation and Organization Committee
              of the Board, or another committee appointed by the Board to serve
              as the administering committee of the Plan.

         (e)  "Corporation" shall mean National City Corporation, a Delaware
              corporation.

         (f)  "Disability" shall mean the inability, by reason of a medically
              determinable physical or mental impairment, to engage in
              substantial and gainful activity for a continuous period of 26
              weeks or more as determined by the Committee.

         (g)  "Early Retirement" shall mean retirement at or after age 55 with
              at least ten years of service with the Employers prior to Normal
              Retirement.

         (h)  "Effective Date of a Change in Control" see Article 11.

         (i)  "Eligible Employee" shall mean an Employee who is employed in a
              position meeting the defined eligibility criteria for
              participation in the Plan, as set forth in Article 3.

         (j)  "Employee" shall mean an individual employed by an Employer on a
              regular active and full-time salaried basis.

         (k)  "Employer" shall mean the Corporation or any corporation,
              organization or entity controlled by the Corporation.

         (l)  "Exchange Act" shall mean the Securities Exchange Act of 1934, as
              amended.

         (m)  "Normal Retirement" shall mean leaving the employ of all Employers
              at or after the age 62 with at least twenty years of continuous
              service with the Employers or

                                      -2-
<PAGE>   3

              at or after the age 65 with a least 5 years of continuous service
              with the Employers.

         (n)  "Participant" shall mean an Eligible Employee who is approved by
              the Committee for participation in the Plan. Such approval shall
              be determined with respect to each Award the Committee grants
              hereunder and shall be effective on the grant date.

         (o)  "Performance Period" shall mean a period of time during which a
              Participant must render services in order to become vested in his
              or her Award as provided under section 2.1 (t) (1). Each
              Performance Period and vesting schedule shall be established by
              the Committee in connection with the grant of each Award
              hereunder.

         (p)  "Payment Date" means anytime during February of the Plan Year
              following the Termination Date.

         (q)  "Plan" see Section 1.1.

         (r)  "Plan Year" shall mean the calendar year. The first Plan Year is
              2000.

         (s)  "Termination Date" means the later of (i) individual's last day
              worked, or (ii) the last day an individual receives a payment from
              an Employer either for services rendered or as salary
              continuation.

         (t)  "Vesting Event" shall mean the earliest to occur of the following
              events:

              (1) the date an Award vests according to the schedule established
                  by the Committee.

              (2) the Effective Date of a Change in Control,

              (3) the date a Participant retires on a Normal Retirement,

              (4) the date a Participant incurs a Disability,

                                      -3-

<PAGE>   4

              (5) the date of a Participant's death.

              (6) the date a Participant ceases to be an employee of the
                  Employers by reason of action initiated by the Employers other
                  than a termination for cause and where Participant has
                  executed a release, releasing the Employers from any liability
                  associated with or arising out of Participant's employment or
                  termination of employment.

             Upon a Vesting Event described in (1) above, the Participant shall
             become vested in the portion of the Award called for in the
             schedule established by the Committee unless earlier vested by
             other Vesting Events. Upon a Vesting Event described in (2), (3),
             (4), (5), or (6) above, the Participant shall become 100% vested in
             all Awards. Upon a Participant's Early Retirement the Committee
             shall have the discretion to vest any portion or all of a
             Participant's Award. Notwithstanding the foregoing, a Participant's
             Awards, whether vested or not, shall be subject to the forfeiture
             provisions of Article 10.

         (u) "Voting Stock" shall mean the then outstanding securities of a
             company entitled to vote generally in the election of directors.

         2.2 GENDER AND NUMBER. Except when otherwise indicated by the context,
any masculine terminology used herein also shall include the feminine, and the
definition of any term in the singular shall include the plural.

                    ARTICLE 3. ELIGIBILITY AND PARTICIPATION

         3.1 ELIGIBILITY. Eligibility for participation in the Plan will be
limited to those senior officers of the Corporation and its subsidiaries who, by
the nature and scope of their positions,

                                      -4-
<PAGE>   5

are materially responsible for the management, growth, and overall success of
the Corporation, as determined by the Committee.

         3.2 PARTICIPATION. Participation in the Plan shall be determined by the
Committee with respect to each Award prior to the commencement of the
Performance Period and shall be effective on the grant date established by the
committee. Each Eligible Employee approved for participation shall be notified
of the selection as soon after approval as is practicable and shall become a
Participant upon acceptance by him or her of such selection and upon execution
of the award agreement (if any) approved by the Committee.

         3.3 NO RIGHT TO PARTICIPATE. No Participant or Employee shall have a
right at any time to be selected for current or future participation in the
Plan.

                         ARTICLE 4. AWARD DETERMINATION

         4.1 AWARD. The amount of incentive compensation that shall be awarded
to a Participant under this Plan shall be expressed as a dollar amount. Such
amount shall be vested based on the vesting schedule as established by the
Committee when granted, if not earlier vested by another Vesting Event.

                          ARTICLE 5. PAYMENT OF AWARDS

         5.1 MANNER OF DISTRIBUTION. The vested portion of a Participant's
accumulated Award shall be distributed either in a single distribution or in
installments over a period of years commencing on the Payment Date. Each
Participant may submit a payment election form, not less than one year prior to
the Payment Date, specifying how the payments shall be paid. Subject to the
discretion of the Committee, the following optional means of distribution shall
be made available:

          (a) A single distribution of the vested Account made on the Payment
              Date.

                                      -5-
<PAGE>   6

         (b) Five annual installments commencing on the Payment Date. The
             remaining four installments shall be made each succeeding February.
             Each distribution shall be equal to (i) the Participant's vested
             Account, multiplied by (ii) a fraction, the numerator of which is
             one and the denominator is the number of installments remaining,
             including the current year's payment.

         (c) Ten annual installments commencing on the Payment Date. The
             remaining nine installments shall be made each succeeding February.
             Each distribution shall be equal to (i) the Participants vested
             Account multiplied by (ii) a fraction, the numerator of which is
             one and the denominator is the number of installments remaining,
             including the current year's payment.

         5.2 COMMITTEE'S DISCRETION. Notwithstanding section 5.1 above the
Committee shall have the discretion to distribute the vested portion of an Award
during February following the Award's Vesting Event. Such decision shall be made
in the discretion of the Committee, not less than one year prior to the Vesting
Date corresponding to the portion of the Award to be distributed. The
Committee's decision shall be final and binding on all parties.

         5.3 FORFEITURE OF NON-VESTED AWARDS. All non-vested Awards in a
Participant's Account shall be forfeited upon the Termination Date and the
Corporation shall have no further obligation to pay the Participant in regard to
such forfeited Awards.

         5.4 DISTRIBUTION ON DEATH.

         (a)      A Participant may designate any person or persons (not
                  exceeding 5), including a trust, as his or her beneficiary to
                  receive his or her accumulated Award in the event of the
                  Participant's death. Any such designation shall be made by
                  filing the form provided for that purpose by the Plan
                  Administrator. The Participant may

                                      -6-

<PAGE>   7

                  change or cancel his or her beneficiary designation at any
                  time prior to death without the consent of any designated
                  beneficiary. If no beneficiary has been designated by the
                  Participant, or if no beneficiary is alive at the date of the
                  Participant's death, payment shall be made to the
                  Participant's estate.

          (b)     If the Participant's death occurs during employment, the
                  Participant's Account shall be distributed in a lump sum as
                  provided in 5.1(a) to each of the Participant's surviving
                  beneficiaries in the portions designated by the Participant.

          (c)     If the Participant's death occurs after installment payments
                  have commenced, the Participant's Account shall be distributed
                  in a lump sum on the next scheduled Payment Date to each of
                  the Participant's surviving beneficiaries in the portions
                  designated by the Participant

         5.5 PARTICIPANTS RIGHTS; BENEFICIARIES RIGHTS. Except as otherwise
specifically provided, neither a Participant nor any of his or her Beneficiaries
has rights under this Plan. The payment of deferred compensation shall be a
general, unsecured obligation of the Corporation to be paid by the Corporation
from its own funds, and such payments shall not impose any obligation upon any
trust fund for any tax qualified plan, be paid from any such trust fund, or have
any effect whatsoever upon any such fund. No Participant or beneficiary shall
have any title to or beneficial ownership in any assets which the Corporation
may earmark to pay benefits hereunder.

                                      -7-
<PAGE>   8

                        ARTICLE 6. RIGHTS OF PARTICIPANTS

         6.1 EMPLOYMENT. Nothing in this Plan shall interfere with or limit in
any way the right of the Corporation to terminate a Participant's employment at
any time, nor confer upon any Participant any right to continue in the employ of
the Corporation.

         6.2 RESTRICTIONS ON ASSIGNMENTS. The interest of a Participant or his
or her beneficiary under this Plan may not be sold, transferred, assigned, or
encumbered in any manner, either voluntarily or involuntarily, and any attempt
to so anticipate, alienate, sell, transfer, assign, pledge, encumber, or charge
the same shall be null and void; neither shall the benefits hereunder be liable
for or subject to the debts, contracts, liabilities, engagements, or torts of
any person to whom such benefits or funds are payable, nor shall they be subject
to garnishment, attachment, or other legal or equitable process, nor shall they
be an asset in bankruptcy.

                            ARTICLE 7. ADMINISTRATION

         7.1 ADMINISTRATION. The Plan shall be administered by the Committee in
accordance with any administrative guidelines and any rules that may be
established from time to time by the Committee. The procedures, standards and
provisions of this Plan for determining eligibility for and amounts of Awards in
themselves confer no rights, duties or privileges upon Participants nor place
obligations upon either the Board or the Corporation. Accordingly, the Committee
may, in making such determinations hereunder, deviate from such procedures and
standards in whatever manner that it, in its judgment, deems appropriate.

                  The Committee shall have full power and authority to
interpret, construe and administer the Plan and its interpretations and
construction hereof, and actions hereunder, including the timing, form, amount
or recipient of any payment to be made hereunder, and its decisions shall be
binding and conclusive on all persons for all purposes.

                  The Committee may name assistants who may be, but need not be,
members of the Committee. Such assistants shall serve at the pleasure of the
Committee, and shall perform

                                      -8-
<PAGE>   9

such functions as are provided for herein and such other functions as may be
assigned by the Committee.

                  No member of the Committee or any assistant shall be liable to
any person for any action taken or omitted in connection with the interpretation
and administration of this Plan unless attributable to his or her own willful
misconduct or lack of good faith.

                         ARTICLE 8. REQUIREMENTS OF LAW

         8.1 LAWS GOVERNING. This Plan shall be construed in accordance with and
governed by the laws of the State of Ohio.

         8.2 WITHHOLDING TAXES. The Corporation shall have the right to deduct
from all payments or vested amounts under this Plan any federal, state or local
taxes required by the law to be withheld with respect to such payments.

         8.3 PLAN BINDING ON CORPORATION, EMPLOYEES AND THEIR SUCCESSORS. This
Plan shall be binding upon and inure to the benefit of the Corporation, its
successors and assigns and each Participant and his or her beneficiaries, heirs,
executors, administrators and legal representatives.

                        ARTICLE 9. ACCUMULATION OF AWARDS

         9.1 ACCOUNTS. An Account shall be established and maintained by the
Corporation in the name of each Participant who has an Award hereunder. Such
Accounts shall remain a part of the general liabilities of the Corporation and
nothing in this Plan shall be deemed to create a trust or fund of any kind or
any fiduciary relationship.

         9.2 CREDITING TO ACCOUNTS. Each Participant's Account shall be credited
with Awards effective as of the grant date, and investment credits as determined
in sections 9.3 below. Each Participant's Account shall be reduced by amounts
distributed, amounts transferred as provided under section 9.3 and non-vested
amounts which were forfeited upon termination.

         9.3 INVESTMENT CREDITS. Each Participant's Account shall be credited as
of the last day of each calendar year with an investment credit. The investment
credit for each given calendar

                                      -9-

<PAGE>   10

year shall be determined by multiplying the yield on 30 year constant maturity
U.S. Treasury Securities, as published in the Federal Reserve Statistical
Release, for the last active trading day in the calendar year times the average
daily balance in the Participant's Account for that year. In the event the
security or the publication becomes unavailable, the Committee shall have the
discretion to select a comparable reference for the purpose of determining the
investment credit.

         9.4 NATURE OF DEFERRED COMPENSATION. The election of deferred
compensation under this Plan and any setting aside by the Corporation of amounts
with which to discharge its deferred obligations hereunder in a trust fund, an
insurance policy, or otherwise, shall not be deemed to create a right in any
person; equitable title to any funds so set aside in a trust, an insurance
policy, or otherwise shall remain in the Corporation, and any recipient of
benefits hereunder shall have no security or other interest in such trust,
policies or funds. Any and all funds so set aside in a trust, an insurance
policy or otherwise shall remain subject to the claims of the general creditors
of the Corporation, present and future. This provision shall not require the
Corporation to set aside any funds, but the Corporation may set aside such funds
if it chooses to do so. Any amount so set aside for this Plan shall be accounted
for separately and apart from any other plan of the Corporation. This Plan is
intended to constitute an unfunded plan of deferred compensation described in
Section 201(2) of the Employee Retirement Income Security Act of 1974.

         9.5 DISTRIBUTIONS IN CASH. Notwithstanding any other provision of this
Plan, distributions hereunder shall be made only in cash and shall be subject to
withholding of applicable taxes.

         9.6 NATURE OF DEFERRED COMPENSATION PLAN. The provisions of the Plan
relating to deferred compensation are fixed and final unless and until amended,
revised or terminated as herein provided.

                             ARTICLE 10. FORFEITURES

                                      -10-

<PAGE>   11

         Notwithstanding any provision in this Plan to the contrary excepting
only the provisions of Article 11, in the event the Committee finds

                  (a) that an Employee or former Employee who has an interest
                  under this Plan has been discharged by his or her Employer in
                  the reasonable belief (and such reasonable belief is the
                  reason or one of the reasons for such discharge) that the
                  Employee or former Employee did engage in fraud against the
                  Employer or anyone else, or

                  (b) that an Employee or former Employee who has an interest
                  under this Plan has been convicted of a crime as a result of
                  which it becomes illegal for his Employer to employ him or
                  her,

then any amounts held under this Plan for the benefit of such Employee or former
Employee or his or her beneficiaries shall be forfeited and no longer payable to
such Employee or former Employee or to any person claiming by or through such
Employee or former Employee.

                          ARTICLE 11. CHANGE IN CONTROL

         11.1 TREATMENT OF AWARDS. Upon the Effective Date of a Change in
Control all accumulated Awards hereunder shall become 100% vested. Amounts to be
paid commencing upon any Payment Date following the Change in Control shall
continue to be payable from time to time under this Plan unless the Committee
acts to distribute amounts during February following the Change in Control.

         11.2 DEFINITION OF CHANGE IN CONTROL. Change in Control shall mean the
occurrence of any of the following events:

                  (a) The Corporation is merged, consolidated or reorganized
into or with another corporation or other legal person, and as a result of such
merger, consolidation or reorganization less than sixty-five percent of the
combined voting power of the then-outstanding Voting Stock

                                      -11-
<PAGE>   12

of such corporation or person immediately after such transaction are held in the
aggregate by the holders of Voting Stock of the Corporation immediately prior to
such transaction;

                  (b) The Corporation sells or otherwise transfers all or
substantially all of its assets to another corporation or other legal person,
and as a result of such sale or transfer less than sixty-five percent of the
combined voting power of the then-outstanding securities of such corporation or
person immediately after such sale or transfer is held in the aggregate by the
holders of Voting Stock immediately prior to such sale or transfer;

                  (c) The Corporation files a report or proxy statement with the
Securities and Exchange Commission pursuant to the Exchange Act disclosing in
response to Form 8-K or Schedule 14A (or any successor schedule, form or report
or item therein) that a change in control of the Corporation has occurred or
will occur in the future pursuant to any then-existing contract or transaction;
or
                  (d) If, during any period of two consecutive years,
individuals who at the beginning of any such period constitute the Directors of
the Corporation cease for any reason to constitute at least a majority thereof;
provided, however, that for purposes of this clause (d) each Director who is
first elected, or first nominated for election by the Corporation's
stockholders, by a vote of at least two-thirds of the Directors of the
Corporation (or a committee thereof) then still in office who were Directors of
the Corporation at the beginning of any such period will be deemed to have been
a Director of the Corporation at the beginning of such period.

         Notwithstanding the foregoing provisions of paragraph 11.2(a), 11.2(b)
or 11.2(c), in the case where the individuals who constitute the Directors of
the Corporation at the time a specific transaction described in Paragraph
11.2(a), 11.2(b) or 11.2(c) is first presented or disclosed to the Board will,
by the terms of the definitive agreement for that transaction, constitute at
least a

                                      -12-

<PAGE>   13

majority of the members of the board of directors of the resulting corporation
or person immediately following such transaction, then, prior to the occurrence
of any event that would otherwise constitute a Change in Control under any of
the foregoing provisions of this Subsection 11.2, the Board may determine by
majority vote of the Board that the specific transaction does not constitute a
Change in Control under Paragraph 11.2(a), 11.2(b) or 11.2(c).

         11.3 EFFECTIVE DATE OF CHANGE IN CONTROL. The Effective Date of a
Change in Control shall be the earliest to occur of those events specified in
section 11.2. Notwithstanding the foregoing, in the event a Change in Control
ultimately results from uninterrupted discussions or negotiations involving the
Corporation or any of its officers or directors, the "Effective Date" of such
Change in Control shall be the date such discussions or negotiations commenced.

                            ARTICLE 12. MISCELLANEOUS

         In the event of the liquidation of the Corporation the Committee may
make any provisions for holding, handling and distributing the amounts standing
to the credit of the Participants or beneficiaries hereunder which in the
discretion of the Committee are appropriate and equitable under all
circumstances and which are consistent with the spirit and purposes of these
provisions.

                    ARTICLE 13. AMENDMENT AND DISCONTINUANCE

         The Corporation expects to continue this Plan indefinitely, but
reserves the right, by action of the Committee to amend it from time to time or
to discontinue it. However, if the Corporation should amend or discontinue this
Plan, the Corporation shall remain obligated under the Plan with respect to (1)
Awards that have vested prior to the date of such amendment or discontinuance,
(2) Awards and rights of any Participant or beneficiary with respect to whom a
Vesting Event has occurred, and (3) with respect to Awards granted but not yet
vested prior to the date of such amendment or discontinuation.

                                      -13-

<PAGE>   14

          Executed as of this January 3, 2000 at Cleveland, Ohio.

                                               NATIONAL CITY CORPORATION

                                               By:/s/ Shelley J. Seifert
                                                  ----------------------

                                      -14-

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