Document:

<PAGE>

                       SIXTH AMENDMENT TO CREDIT AGREEMENT

                  SIXTH AMENDMENT TO CREDIT AGREEMENT (this "Amendment"), dated
as of November 7, 2002, among QUALITY DISTRIBUTION, INC. (f/k/a MTL, Inc.), a
Florida corporation ("Holdings"), QUALITY DISTRIBUTION LLC, a Delaware limited
liability company (the "U.S. Borrower"), LEVY TRANSPORT LTD./LEVY TRANSPORT
LTEE, a Quebec company and a Wholly-Owned Subsidiary of Holdings (the "Canadian
Borrower"), the various Subsidiaries of Holdings party to the U.S. Subsidiaries
Guaranty referred to below (collectively, the "U.S. Subsidiary Guarantors"),
various Banks party to the Credit Agreement referred to below and CREDIT SUISSE
FIRST BOSTON, as Administrative Agent (in such capacity, the "Administrative
Agent") under the Credit Agreement. All capitalized terms used herein and not
otherwise defined herein shall have the respective meanings provided such terms
in the Credit Agreement referred to below.

                              W I T N E S S E T H :

                  WHEREAS, Holdings, the Canadian Borrower, the Banks, Lasalle
Bank National Association, The Bank of Nova Scotia, PB Capital Corp. (f/k/a
BHF-Bank Aktiengesellschaft), Bank Austria Creditanstalt Corporate Finance, Inc.
(f/k/a Creditanstalt Corporate Finance, Inc.) and Royal Bank of Canada, as
Co-Agents, Salomon Brothers Holding Company, Inc., as Documentation Agent,
Bankers Trust Company, as Syndication Agent, and the Administrative Agent are
parties to a Credit Agreement, dated as of June 9, 1998 and amended and restated
as of August 28, 1998 (as so amended and restated and as the same has been
further amended, modified and/or supplemented through but not including the date
hereof, the "Credit Agreement");

                  WHEREAS, the U.S. Subsidiary Guarantors and the Administrative
Agent are parties to a Subsidiaries Guaranty, dated as of June 9, 1998 and
amended and restated as of August 28, 1998 (as so amended and restated, the
"U.S. Subsidiaries Guaranty"); and

                  WHEREAS, subject to the terms and conditions of this
Amendment, the parties hereto wish to amend or otherwise modify certain
provisions of the Credit Agreement, and the U.S. Subsidiary Guarantors wish to
make certain acknowledgements with respect to the Credit Agreement, in each case
as herein provided;

                  NOW, THEREFORE, it is agreed:

I.       Amendment to Credit Agreement.

                  1.       The definition of "Consolidated Senior Debt"
appearing in Section 11.01 of the Credit Agreement is hereby amended by deleting
the text "issued pursuant to Section 9.13(c)" appearing in clause (y)(vii) of
said definition in its entirety.

                  2.       The Banks hereby agree that upon the occurrence of
the Sixth Amendment Effective Date (as defined below) this Amendment shall be
deemed to have retroactive effect from and after the Fifth Amendment Effective
Date.

<PAGE>

II.      Acknowledgments and Agreements by U.S. Subsidiary Guarantors.

                  Each U.S. Subsidiary Guarantor hereby consents to the entering
into of this Amendment.

III.     Miscellaneous Provisions.

                  1.       In order to induce the Banks to enter into this
Amendment, each of Holdings, the U.S. Borrower and the Canadian Borrower hereby
represents and warrants that:

                  (a)      no Default or Event of Default exists as of the Sixth
         Amendment Effective Date, immediately after giving effect to this
         Amendment; and

                  (b)      all of the representations and warranties contained
         in the Credit Agreement or the other Credit Documents are true and
         correct in all material respects on the Sixth Amendment Effective Date
         both immediately before and after giving effect to this Amendment, with
         the same effect as though such representations and warranties had been
         made on and as of the Sixth Amendment Effective Date (it being
         understood that any representation or warranty made as of a specific
         date shall be true and correct in all material respects as of such
         specific date).

                  2.       This Amendment is limited as specified and shall not
constitute a modification, acceptance or waiver of any other provision of the
Credit Agreement or any other Credit Document.

                  3.       This Amendment may be executed in any number of
counterparts and by the different parties hereto on separate counterparts, each
of which counterparts when executed and delivered shall be an original, but all
of which shall together constitute one and the same instrument. A complete set
of counterparts shall be lodged with the U.S. Borrower and the Administrative
Agent.

                  4.       THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE
PARTIES HEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAW
OF THE STATE OF NEW YORK.

                  5.       This Amendment shall become effective on the date
(the "Sixth Amendment Effective Date") when Holdings, the U.S. Borrower, the
Canadian Borrower, each U.S. Subsidiary Guarantor, the Administrative Agent and
the Banks constituting the Required Banks shall have signed a counterpart hereof
(whether the same or different counterparts) and shall have delivered (including
by way of facsimile transmission) the same to the Administrative Agent at its
Notice Office (it being understood, however, this Amendment shall be deemed to
have retroactive effect from and after the Fifth Amendment Effective Date as
contemplated by Section 2 of Part I of this Amendment).

                  6.       From and after the Sixth Amendment Effective Date,
all references in the Credit Agreement and each of the other Credit Documents to
the Credit Agreement shall be deemed to be references to the Credit Agreement as
modified hereby.

                                      -2-

<PAGE>

                  IN WITNESS WHEREOF, the parties hereto have caused their duly
authorized officers to execute and deliver this Amendment as of the date first
above written.

                                    QUALITY DISTRIBUTION INC. (f/k/a MTL,
                                        Inc.)

                                    By: /s/ Samuel M. Hensley
                                        ----------------------------------------
                                        Name: Samuel M. Hensley
                                        Title: CFO

                                    QUALITY DISTRIBUTION LLC

                                    By: /s/ Samuel M. Hensley
                                        ----------------------------------------
                                        Name: Samuel M. Hensley
                                        Title: CFO

                                    LEVY TRANSPORT LTD./LEVY
                                        TRANSPORT LTEE

                                    By: /s/ [ILLEGIBLE]
                                        ----------------------------------------
                                        Name:  [ILLEGIBLE]
                                        Title: PRESIDENT

                                    CREDIT SUISSE FIRST BOSTON,
                                        Individually and as Administrative Agent

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    By: ________________________________________
                                        Name:
                                        Title:

<PAGE>

                  IN WITNESS WHEREOF, the parties hereto have caused their duly
authorized officers to execute and deliver this Amendment as of the date first
above written.

                                    QUALITY DISTRIBUTION INC. (f/k/a MTL,
                                        Inc.)

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    QUALITY DISTRIBUTION LLC

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    LEVY TRANSPORT LTD./LEVY
                                        TRANSPORT LTEE

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    CREDIT SUISSE FIRST BOSTON,
                                        Individually and as Administrative Agent

                                    By: /s/ Robert Hetu
                                        ----------------------------------------
                                        Name: ROBERT HETU
                                        Title: DIRECTOR

                                    By: /s/ Doreen B. Welch
                                        ----------------------------------------
                                        Name: DOREEN B. WELCH
                                        Title: ASSOCIATE

<PAGE>

                                    DEUTSCHE BANK TRUST COMPANY
                                        AMERICAS (f.k.a. Bankers Trust
                                        Company),
                                        Individually and as Syndication Agent

                                    By: /s/ Marguerite Sutton
                                        ----------------------------------------
                                        Name: MARGUERITE SUTTON
                                        Title: VICE PRESIDENT

                                    CITICORP USA, INC.

                                    By:_________________________________________
                                        Name:
                                        Title:

                                    LASALLE BANK NATIONAL
                                        ASSOCIATION

                                    By:_________________________________________
                                        Name:
                                        Title:

                                    By:_________________________________________
                                        Name:
                                        Title:

                                    THE BANK OF NOVA SCOTIA

                                    By:_________________________________________
                                        Name:
                                        Title:

<PAGE>

                                    PB CAPITAL CORP(f/k/a BHF-BANK
                                        AKTIENGESELISCHAFT)

                                    By: /s/ [ILLEGIBLE]
                                       ----------------------------------------
                                        Name: [ILLEGIBLE]
                                        Title: [ILLEGIBLE]

                                        /s/ [ILLEGIBLE]
                                    By:----------------------------------------
                                        Name: [ILLEGIBLE]
                                        Title: MANAGING DIRECTOR
                                               PORTFOLIO MANAGEMENT

<PAGE>

                                    BANKERS TRUST COMPANY,(1)
                                        Individually and as Syndication Agent

                                    By:________________________________________
                                        Name:
                                        Title:

                                    CITICORP USA, INC.

                                    By:________________________________________
                                        Name:
                                        Title:

                                    LASALLE BANK NATIONAL
                                        ASSOCIATION

                                    By:________________________________________
                                        Name:
                                        Title:

                                    By:________________________________________
                                        Name:
                                        Title:

                                    THE BANK OF NOVA SCOTIA

                                    By: /s/ Chris J. Allen
                                       ----------------------------------------
                                        Name: CHRIS J. ALLEN
                                        Title: MANAGING DIRECTOR & Office Head

-------------
(1)  Composition of the bank group to be confirmed.

<PAGE>

                                    AIMCO CDO SERIES 2000-A,AS A
                                                          LENDER

                                    By: /s/ Jerry D. Zinkula
                                        ----------------------------------------
                                        Name : JERRY D. ZINKULA
                                        Title : Authorized Signatory

                                    By: /s/ Patricia W. Wilson
                                        ----------------------------------------
                                        Name : PATRICIA W. WILSON
                                        Title : Authorized Signatory

<PAGE>

                                    ALLSTATE LIFE INSURANCE
                                        COMPANY,AS A LENDER

                                    By: /s/ Jerry D. Zinkula
                                        ----------------------------------------
                                        Name : JERRY D. ZINKULA
                                        Title : Authorized Signatory

                                    By: /s/ Patricia W. Wilson
                                        ----------------------------------------
                                        Name : PATRICIA W. WILSON
                                        Title : Authorized Signatory

<PAGE>

                                    ROYAL BANK OF CANADA

                                    By: /s/ Peter Barnes
                                        ----------------------------------------
                                        Name: PETER BARNES
                                        Title: SENIOR MANAGER

                                    COMERICA BANK, N.A.

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    THE MITSUBISHI TRUST AND BANKING
                                        CORPORATION

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    BANK OF TOKYO-MITSUBISHI TRUST
                                        COMPANY

                                    By: /s/ Christina T. Schoen
                                        ----------------------------------------
                                        Name: Christina T. Schoen
                                        Title: Vice President

                                    BANK POLSKA KASA OPIEKI S.A. -
                                        PEKAO

<PAGE>

                                    By: /s/ [ILLEGIBLE]
                                        ----------------------------------------
                                        Name:  [ILLEGIBLE]
                                        Title:  [ILLEGIBLE]

                                    THE PRUDENTIAL INSURANCE
                                        COMPANY OF AMERICA

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    MORGAN STANLEY DEAN WITTER
                                        PRIME INCOME TRUST

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    SENIOR DEBT PORTFOLIO
                                        By: Boston Management and Research,
                                            as Investment Advisor

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    SANKATY ADVISORS

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    ARCHIMEDES FUNDING, L.L.C.

<PAGE>

                                    ARCHIMEDES FUNDING II, LTD.

                                    By: ING Capital Advisors LLC,
                                        as Collateral Manager

                                    By: /s/ Steven Gorski
                                        ------------------------------
                                        Name: STEVEN GORSKI
                                        Title: VICE PRESIDENT &
                                               SENIOR CREDIT OFFICER

<PAGE>

                                    ARCHIMEDES FUNDING III, LTD.

                                    By: ING Capital Advisors LLC,
                                        as Collateral Manager

                                    By: /s/ Steven Gorski
                                        ------------------------------
                                        Name: STEVEN GORSKI
                                        Title: VICE PRESIDENT &
                                               SENIOR CREDIT OFFICER

<PAGE>

                                    BALANCED HIGH-YIELD FUND II, LTD.

                                    By: ING Capital Advisors LLC,
                                        as Asset Manager

                                    By: /s/ Steven Gorski
                                        ------------------------------
                                        Name: STEVEN GORSKI
                                        Title: VICE PRESIDENT &
                                               SENIOR CREDIT OFFICER

<PAGE>

                                    ARCHIMEDES FUNDING, LLC.

                                    By: ING Capital Advisors LLC,
                                        as Collateral Manager

                                    By: /s/ Steven Gorski
                                        ------------------------------
                                        Name: STEVEN GORSKI
                                        Title: VICE PRESIDENT &
                                               SENIOR CREDIT OFFICER

<PAGE>

                                    By: ______________________________
                                        Name:
                                        Title:

                                    ARCHIMEDES FUNDING III, L.L.C.

                                    By: ______________________________
                                        Name:
                                        Title:

                                    TEXTRON FINANCIAL CORPORATION

                                    By: /s/ Matthew J. Colgan
                                        ------------------------------
                                        Name: Matthew J. Colgan
                                        Title: Vice President

                                    APEX (IDM) CDO I LTD.

                                    By: ______________________________
                                        Name:
                                        Title:

                                    BRANT POINT CBO 1999-1 LTD.

                                    By: ______________________________
                                        Name:
                                        Title:

<PAGE>

                                    By: ______________________________
                                        Name:
                                        Title:

                                    PAM CAPITAL FUNDING LP

                                    By: _______________________________
                                        Name:
                                        Title:

                                    PAMCO CAYMAN LTD.

                                    By: _______________________________
                                        Name:
                                        Title:

                                    SANKATY HIGH YIELD PARTNERS II, LP

                                    By: /s/ Diane J. Exter
                                        -------------------------------
                                        Name:  DIANE J. EXTER
                                        Title: MANAGING DIRECTOR
                                               PORTFOLIO MANAGER

                                    SANKATY HIGH YIELD PARTNERS III, LP

                                    By: /s/ Diane J. Exter
                                        -------------------------------
                                        Name:  DIANE J. EXTER
                                        Title: MANAGING DIRECTOR
                                               PORTFOLIO MANAGER

                                    TRYON CLO 2000-1

                                    By: _______________________________
                                        Name:
                                        Title:

<PAGE>

                                    By: _______________________________
                                        Name:
                                        Title:

                                    SANKATY ADVISORS, INC., AS COLLATERAL
                                    MANAGER FOR BRANT POINT CBO
                                    1999-1 LTD., AS TERM LENDER

                                    By: /s/ Diane J. Exter
                                        ---------------------------------
                                        Name:  DIANE J. EXTER
                                        Title: MANAGING DIRECTOR
                                               PORTFOLIO MANAGER

                                    SANKATY ADVISORS, LLC, AS COLLATERAL
                                    MANAGER FOR BRANT POINT II CBO
                                    2000-1 LTD. AS TERM LENDER

                                    By: /s/ Diane J. Exter
                                        ---------------------------------
                                        Name:  DIANE J. EXTER
                                        Title: MANAGING DIRECTOR
                                               PORTFOLIO MANAGER

                                    ELC(CAYMAN) 1999-III

                                    By: _________________________________
                                        Name:
                                        Title:

                                    ELC(CAYMAN) LTD. 2000-I

                                    By: _________________________________
                                        Name:
                                        Title:

                                    INDOSUEZ CAPITAL FUNDING III

                                    By: _________________________________
                                        Name:
                                        Title:

                                    ML CBO IV (CAYMAN), LTD.

<PAGE>

                                    By: _________________________________
                                        Name:
                                        Title:

                                    ELC(CAYMAN) LTD., CDO SERIES 1999-II

                                    By: _________________________________
                                        Name:
                                        Title:

                                    SANKARY ADVISORS, LLC AS COLLATERAL
                                    MANAGER FOR GRANT POINT CLO 1999-I
                                    LTD., AS TERM LENDER

                                    By: /s/ Diane J. Exter
                                        ---------------------------------
                                        Name: DIANE J. EXTER
                                        Title: MANAGING DIRECTOR
                                               PORTFOLIO MANAGER

                                    AVALON CAPITAL II

                                    BY: _________________________________
                                        Name:
                                        Title:

                                    ARCHIMEDES FUNDING III, L.L.C.

                                    By: _________________________________
                                        Name:
                                        Title:

                                    TEXTRON FINANCIAL CORPORATION

                                    By: _________________________________
                                        Name:
                                        Title:

                                    APEX (IDM) CDO I LTD.

<PAGE>

                                    BANK OF TOKYO-MITSUBISHI TRUST
                                        COMPANY

                                    By: _________________________________
                                        Name:
                                        Title:

                                    BANK POLSKA KASA OPIEKI S.A.-PEKAO

                                    By: _________________________________
                                        Name:
                                        Title:

                                    THE PRUDENTIAL INSURANCE
                                        COMPANY OF AMERICA

                                    By: _________________________________
                                        Name:
                                        Title:

                                    MORGAN STANLEY DEAN WITTER
                                        PRIME INCOME TRUST

                                    By: _________________________________
                                        Name:
                                        Title:

                                    SENIOR DEBT PORTFOLIO
                                        By: Boston Management and Research,
                                            as Investment Advisor

                                    By: ___________________________________
                                        Name:
                                        Title:

                                    Sankaty Advisors, LLC as Collateral
                                    Manager for Race Point CLO, Limited,
                                    as Term Lender

                                    By: /s/ Diane J. Exter
                                        -----------------------------------
                                        Name: DIANE J. EXTER
                                        Title: MANAGING DIRECTOR
                                               PORTFOLIO MANAGER

<PAGE>

                                    PAM CAPITAL FUNDING LP

                                    By: _________________________________
                                        Name:
                                        Title:

                                    PAMCO CAYMAN LTD.

                                    By: _________________________________
                                        Name:
                                        Title:

                                    SANKATY HIGH YIELD PARTNERS II, LP

                                    By: _________________________________
                                        Name:
                                        Title:

                                    SANKATY HIGH YIELD PARTNERS III, LP

                                    By: _________________________________
                                        Name:
                                        Title:

                                    LONG LANE MASTER TRUST IV

                                    By: Fleet National Bank as Trust
                                        Administrator

                                    By: /s/ Kevin Kearns
                                        ---------------------------------
                                        Name: KEVIN KEARNS
                                        Title: MANAGING DIRECTOR

<PAGE>

                                    KZH ING-2 LLC

                                    By: /s/ Rowena Smith
                                        ---------------------------------
                                        Name:  Rowena Smith
                                        Title: Authorized Agent

                                    KZH STERLING LLC

                                    By: /s/ Rowena Smith
                                        ---------------------------------
                                        Name: Rowena Smith
                                        Title:Authorized Agent

                                    KZH CYPRESSTREE-1 LLC

                                    By: /s/ Rowena Smith
                                        ---------------------------------
                                        Name: Rowena Smith
                                        Title:Authorized Agent

                                    OASIS COLLATERALIZED HIGH INCOME
                                        PORTFOLIO I

                                    By: _________________________________
                                        Name:
                                        Title:

                                    TRANSAMERICA LIFE & ANNUITY
                                        COMPANY

                                    By: /s/ John Bailey
                                        ---------------------------------
                                        Name:  John Bailey
                                        Title: VIce President

<PAGE>

                                    BRANT POINT II CBO 2000-1 LTD.

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    ELC (CAYMAN) 1999-III

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    ELC (CAYMAN) LTD. 2000-I

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    INDOSUEZ CAPITAL FUNDING III

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    ML CBO IV (CAYMAN), LTD.
                                    BY: Highland Capital Management, L.P.
                                    As Collateral Manager

                                    By: /s/ Todd Travers
                                        ----------------------------------------
                                        Name:  Todd Travers
                                        Title: Senior Portfolio Manager
                                               Highland Capital Management, L.P.

<PAGE>

                                    PAM CAPITAL FUNDING LP
                                    BY: Highland Capital Management, L.P.
                                    As Collateral Manager

                                    By: /s/ Todd Travers
                                        ----------------------------------------
                                        Name:  Todd Travers
                                        Title: Senior Portfolio Manager
                                               Highland Capital Management, L.P.

                                    PAMCO CAYMAN LTD.
                                    BY: Highland Capital Management, L.P.
                                    As Collateral Manager

                                    By: /s/ Todd Travers
                                        ----------------------------------------
                                        Name:  Todd Travers
                                        Title: Senior Portfolio Manager
                                               Highland Capital Management, L.P.

                                    SANKATY HIGH YIELD PARTNERS II, LP.

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    SANKATY HIGH YIELD PARTNERS III, LP.

                                    By: ________________________________________
                                        Name:
                                        Title:

                                    TRYON CLO 2000-1

                                    By: ________________________________________
                                        Name:
                                        Title:

<PAGE>

                  Each of the undersigned, each being an Assignor under the U.S.
Security Agreement, a Pledgor under, and as defined in, the U.S. Pledge
Agreement and a U.S. Subsidiary Guarantor under, and as defined in, the Credit
Agreement referenced in the foregoing Sixth Amendment, hereby consents to the
entering into of the Sixth Amendment and agrees to the provisions thereof.

                                    AMERICAN TRANSINSURANCE GROUP, INC.
                                    CAPACITY MANAGEMENT SYSTEMS, INC.
                                    CHEMICAL LEAMAN CORPORATION
                                    CHEMICAL LEAMAN TANK LINES, INC.
                                    CHEMICAL PROPERTIES, INC.
                                    CLM, INC.
                                    CLT SERVICES, INC.
                                    ENVIROPOWER, INC.
                                    FLEET TRANSPORT COMPANY, INC.
                                    LAKESHORE LEASING, INC.
                                    LLI, INC.
                                    MEXICO INVESTMENTS, INC.
                                    PICKERING WAY FUNDING CORP.
                                    POWER PURCHASING, INC.
                                    QUALITY CARRIERS, INC.
                                    QUALITY DISTRIBUTION LLC
                                    QSI SERVICES, INC.

                                    By: /s/ Samuel M. Hensley
                                        ----------------------------------------
                                        Name: Samuel M. Hensley
                                        Title: CFO

                                    TRANSPLASTICS, INC.
                                    QUALA SYSTEMS, INC.

                                    By: /s/ Joseph Wilson
                                        ----------------------------------------
                                        Name: Joseph Wilson
                                        Title: President

<PAGE>

                                    CLTL OF NEVADA
                                    MTL OF NEVADA

                                    By: /s/ [ILLEGIBLE]
                                        ----------------------------------------
                                        Name: [ILLEGIBLE]
                                        Title:<PAGE>
                                                                  EXHIBIT 10.32

February 5, 2003

Dear Samuel Hensley:

Quality Distribution, Inc. (the "Company") and you (the "Employee") have
entered in this Letter Agreement under the following terms and conditions:

1.       You will hold the position of Senior Vice President & Chief Financial
         Officer at an annual salary of $195,000, which will be subject to
         annual review by Senior Management.

2.       This Letter Agreement will commence as of the Effective Time, (defined
         as the date this document is signed), and continue until the second
         anniversary of the date hereof and year to year thereafter, unless
         either party provides written notice at least 90 days prior to the end
         of the term or the applicable renewal year. If the Company provides
         such notice, you shall be entitled to receive your then current base
         salary for twelve months after the end of the term and you shall be
         entitled during such time to the continuation of health, medical and
         other benefits.

3.       Notwithstanding anything else herein, the Company reserves the right to
         terminate your employment at any time with or without "cause" (as
         defined below) and you reserve the right to terminate your employment
         with "good reason" (as defined below), provided that if the Company
         terminates your employment without "cause" or you terminate your
         employment with "good reason" the Company will pay you your then
         current base salary for twelve months after such termination and you
         will be entitled during such time to the continuation of health,
         medical and other benefits. If the Company terminates your employment
         for "cause" or you terminate your employment other than for "good
         reason" you shall not be entitled to any further payments (except
         for any accrued but unpaid amounts due) or benefits, effective
         immediately upon such termination.

4.       You agree to be bound by the Non-Compete Covenant set forth on
         Exhibit A, which is incorporated by reference herein.

5.       You agree to be bound by the Restrictive Covenant Agreement set
         forth on Exhibit B, which is incorporated by reference herein.

6.       For purposes of this letter agreement "cause" means (i) a good
         faith finding by Management of the Company of your failure to
         satisfactorily perform your assigned duties for the Company
         as a result of your material dishonesty, gross negligence or
         intentional misconduct or (ii) your conviction of, or the entry
         of a pleading of guilty or nolo contendere by you to, any crime
         involving moral turpitude or any felony or (iii) poor performance
         measured against specific written goals as agreed to by the CEO
         and CFO and confirmed by the Compensation Committee of the Board.
         The employee will be given written notice of said poor

<PAGE>
         performance and afforded a 90-day period to demonstrate improved
         performance. For purposes of this letter agreement "good reason"
         means a material diminution in your duties and responsibilities
         caused by the Company, a material breach by the Company of its
         compensation and benefits obligations under this letter agreement.

7.       If you voluntarily transfer to another position outside of the
         position Senior Vice President & Chief Financial Officer you will
         eliminate any right you may have under this agreement.

8.       This agreement shall terminate automatically upon your death or
         long-term disability. Any termination hereof by reason of your
         death or disability shall terminate your right to receive further
         payments hereunder, except for any accrued and unpaid amounts due.
         Nothing in this Paragraph shall, however, limit or eliminate any
         right you may have under life insurance, disability or other
         benefits provided to you during your employment.

9.       The Employee agrees that he/she shall cooperate with the Company
         in the future should the Company need information, testimony or
         other material relating to the Employee's employment with the Company.
         The Company agrees to reimburse the Employee for expenses incurred
         or loss suffered as a result of providing such cooperation.

10.      A change of control does not constitute diminution of duties and
         will not invoke the agreement.

This Letter Agreement embodies the entire understanding between the parties
and shall supersede all prior understandings and agreements with respect to the
subject matter hereof. The parties agree that this Letter Agreement shall be
governed in accordance with the laws of the State of Florida.

If you are in agreement with the foregoing, please execute this Letter Agreement
below and cause it to be delivered to the Company at the address set forth
above.

Very truly yours,

Thomas L. Finkbiner

                                             Acknowledged and agrees as of
                                             the date first above written:

                                             ---------------------------------
                                             Samuel Hensley

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