Document:

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                                                                   Exhibit 10.15

                       MASTER NOTE AND SECURITY AGREEMENT

                                                   Wilton, Connecticut
                                                   Date: September 10, 1999

1.       MASTER AGREEMENT.

         (a) This Agreement sets forth the basic terms and conditions upon which
LEASING TECHNOLOGIES INTERNATIONAL, INC. (together with its successors and
assigns, collectively, the "LENDER"), shall, lend to Primis, Inc. a corporation
organized under the laws of the State of Georgia (the "BORROWER"), and the
Borrower shall borrow from the Lender, funds to purchase (or refinance the
purchase of) the items of "EQUIPMENT" specified (and as defined in) one or more
loan schedules hereto to be entered into from time to time (each, a "LOAN
SCHEDULE"). Each Loan Schedule shall reference this Master Note and Security
Agreement (this "AGREEMENT") and shall be deemed to incorporate therein all of
the terms and conditions hereof, unless and to the extent any provisions hereof
are expressly excluded or modified therein, and shall contain such additional
terms as the Lender and the Borrower shall, in their sole discretion, agree
upon. Each Loan Schedule, together with the terms and conditions of this
Agreement so incorporated therein, shall constitute a separate promissory note
that evidences a separate loan with respect to the Equipment specified in such
Loan Schedule. Each Loan Schedule may be assigned by the Lender and/or
reassigned by any assignee(s) thereof separate and apart from any other Loan
Schedule(s) hereunder. With respect to each Loan Schedule, the Lender or its
respective assignee(s) shall have all of the rights of the "Lender" thereunder
and with respect to the Equipment and other Collateral covered thereby, and such
rights shall be separately exercisable by the Lender or such assignee(s), as the
case may be, collectively with all of the other Loan Schedules then held by the
Lender or such assignee(s), but exclusively and independently of the rights of
the Lender or such assignee(s) with respect to any other Loan Schedule(s) not
then held by the Lender or such assignee(s).

         (b) The term "LOAN" as used in this Agreement shall mean any and all of
the liabilities and obligations of the Borrower under a loan evidenced by a
particular Loan Schedule, which is entered into by the Lender and the Borrower
under this Agreement with respect to the Equipment specified in such Loan
Schedule. Capitalized terms used in this Agreement and not otherwise defined
shall have the meanings ascribed to them in the relevant Loan Schedule.

2.       TERMS OF PAYMENT.

         (a) FOR VALUE RECEIVED, the Borrower hereby promises to pay to the
order of the Lender, the "PRINCIPAL SUM" set forth in each Loan Schedule, in the
"TOTAL NUMBER OF MONTHLY INSTALLMENTS" set forth in such Loan Schedule,
consisting of the "NUMBER OF CONSECUTIVE MONTHLY INSTALLMENTS" of principal and
interest set forth in such Loan Schedule, each payable in advance, and the
"FINAL PAYMENT" of principal and interest set forth in such Loan Schedule,
together with all other sums then owing thereunder, payable on the "FINAL
PAYMENT DATE" set forth in such Loan Schedule; the first such consecutive
monthly installment shall be in the "FIRST MONTHLY INSTALLMENT AMOUNT" set forth
in such Loan Schedule and shall be due and payable on the "FIRST MONTHLY
INSTALLMENT DATE" set forth in such Loan Schedule; the remaining consecutive
monthly installments shall each be in the "REMAINING CONSECUTIVE MONTHLY
INSTALLMENT AMOUNT" set forth in such Loan Schedule and shall thereafter be due
and payable on the same day of each month in each year as such First Monthly
Installment Date and ending on the "LAST CONSECUTIVE MONTHLY INSTALLMENT DATE"
set forth in such Loan Schedule; and the

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Final Payment and shall be due and payable on the Final Payment Date, except as
otherwise expressly provided in SECTIONS 17(b), 17(c), 17(d) OR 18(b) hereof.

          (b) The installments described in SECTIONS 2(a) AND 17(a) hereof
include interest on the unpaid principal amount of the relevant Loan from time
to time outstanding, computed on the basis of a 360-day year at the "ANNUAL
INTEREST RATE" set forth in the relevant Loan Schedule.

         (c) The proceeds of the Loan evidenced by each Loan Schedule shall be
used solely to purchase (or refinance the purchase of) the Equipment described
in such Loan Schedule.

         (d) The Borrower shall have the right to prepay any Loan upon payment
of the present value of all Monthly Installments, and the Final Payment,
calculated by discounting at the rate of six percent (6%) per annum, compounded
monthly, or upon the payment of such other amount as may be set forth in the
applicable Loan Schedule.

         (e) Whenever any installment or other amount payable to the Lender by
the Borrower hereunder is not paid when due, the Borrower agrees to pay to the
Lender, on demand, as liquidated damages and not as a penalty: (i) a late charge
on such overdue amounts calculated at the rate of one and a half (1 1/2) percent
a month, or the maximum amount permitted under applicable law, whichever is
less, from the date such payment is due until the date such payment is made in
full to the Lender; and (ii) in addition, with respect to overdue installment
payments only, an administrative fee equal to five cents ($.05) for each one
dollar ($1.00) of such delayed installment payment overdue for more than twenty
(20) days, or the maximum amount permitted under applicable law, whichever is
less. The Borrower agrees to also reimburse the Lender on demand for any and all
reasonable costs and expenses (including the Lender's reasonable attorneys' fees
and disbursements) arising out of or caused by this Agreement or any breach by
the Borrower hereunder, including (without limitation) any enforcement by the
Lender of its rights and remedies hereunder.

         (f) All payments by the Borrower on account of principal, interest or
fees hereunder shall be made in lawful money of the United States of America, in
immediately available funds.

         3. GRANT OF SECURITY INTEREST. The Borrower hereby pledges, assigns and
grants to the Lender a continuing first priority security interest in and lien
on the following properties, assets and rights (collectively, the "COLLATERAL"):
(a) the Equipment as set forth (and defined) in each Loan Schedule hereunder,
together with all warranties thereon and all additions, improvements,
accessions, replacements and substitutions thereto and therefor, whether now
owned or hereafter acquired, and all proceeds thereof; (b) the proceeds of any
insurance payable to the Borrower with respect to the Equipment; and (c) all of
the "OTHER PERSONAL PROPERTY," if any, described in any Loan Schedule hereunder
and all proceeds thereof. In addition, all other property of the Borrower now or
hereafter pledged to or held by the Lender to secure any Obligations (as
hereinafter defined), whether under this Agreement, any Loan Schedule or
otherwise, and all property now or hereafter leased by the Lender to the
Borrower, shall also serve as collateral security for the full payment and
performance of the Obligations.

4. OBLIGATIONS SECURED. The Collateral hereunder constitutes and will constitute
continuing security for the full payment, performance and observance by the
Borrower of the following obligations (collectively, the "OBLIGATIONS"):

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                  (a) "LIABILITIES," which shall mean all of the indebtedness
evidenced by this Agreement and each Loan Schedule hereunder together with any
Lease Agreement(s) between Lender and Borrower (and any Schedules thereunder),
and all liabilities and obligations of any kind of the Borrower to the Lender
arising out of or relating thereto, whether (i) for the Lender's own account,
(ii) acquired directly or indirectly by the Lender from the Borrower, (iii)
absolute or contingent, joint or several, secured or unsecured, liquidated or
unliquidated, due or not due, contractual or tortious, now existing or hereafter
arising, or (iv) incurred by the Borrower as principal, surety, endorser,
guarantor, borrower, lessee or otherwise, and including (without limitation) all
reasonable expenses and attorneys' fees incurred by the Lender in connection
with any such indebtedness, liabilities or obligations or any of the Collateral
(including any sale or other disposition of the Collateral);

                  (b) the prompt payment, when due, of all present and future
obligations and indebtedness of the Borrower to the Lender under this Agreement
and/or any Loan Schedule, as the same may hereafter be amended or modified, and
under any other agreement or instrument executed by the Borrower in favor of the
Lender, whether direct or indirect, absolute or contingent; and

                  (c) the strict performance and observance by the Borrower of
all warranties, covenants and agreements contained in this Agreement or any Loan
Schedule and any instrument or other agreement delivered by the Borrower to the
Lender.

         5. BORROWER SELECTED EQUIPMENT; WARRANTY DISCLAIMER. THE BORROWER
REPRESENTS AND ACKNOWLEDGES THAT IT HAS SELECTED BOTH THE EQUIPMENT AND THE
VENDOR OF THE EQUIPMENT (THE "VENDOR") AND THAT THE EQUIPMENT SUITS THE
BORROWER'S PARTICULAR NEEDS. THE LENDER MAKES NO REPRESENTATIONS OR WARRANTIES
OF ANY KIND OR NATURE DIRECTLY OR INDIRECTLY, EXPRESS OR IMPLIED, AS TO THE
EQUIPMENT OR ANY OTHER MATTER WHATSOEVER, INCLUDING WITHOUT LIMITATION, TITLE TO
THE EQUIPMENT OR THE EQUIPMENT'S CONDITION, THE SUITABILITY OF THE EQUIPMENT,
ITS DURABILITY, CAPACITY, OPERATION, PERFORMANCE, DESIGN, MATERIALS, WORKMANSHIP
AND/OR QUALITY, MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE. THE
BORROWER AGREES TO LOOK SOLELY TO THE MANUFACTURER, VENDOR OR CARRIER OF THE
EQUIPMENT FOR ANY CLAIM ARISING FROM ANY DEFECT, BREACH OF WARRANTY, FAILURE OR
DELAY IN DELIVERY, MISDELIVERY OR INABILITY TO USE THE EQUIPMENT FOR ANY REASON
WHATSOEVER, AND THE BORROWER'S OBLIGATIONS TO THE LENDER HEREUNDER SHALL NOT IN
ANY MANNER BE AFFECTED THEREBY. THE LENDER SHALL NOT BE LIABLE FOR ANY LOSS,
DAMAGE, INJURY OR EXPENSE CAUSED DIRECTLY OR INDIRECTLY BY ANY ITEM OF
EQUIPMENT, THE USE, MAINTENANCE, REPAIR, DEFECT OR SERVICING THEREOF, BY ANY
DELAY OR FAILURE TO PROVIDE SAME, BY ANY INTERRUPTION OF SERVICE OR LOSS OF
SERVICE OR LOSS OF USE, OR FAILURE TO PROVIDE SAME, OR FOR ANY LOSS OF BUSINESS
HOWEVER CAUSED. NO REPRESENTATION OR WARRANTY AS TO THE EQUIPMENT OR ANY OTHER
MATTER BY THE VENDOR OF THE EQUIPMENT SHALL BE BINDING ON THE LENDER, NOR SHALL
THE BREACH OF SUCH RELIEVE THE BORROWER OF, OR IN ANY WAY AFFECT, ANY OF THE
BORROWER'S OBLIGATIONS TO THE LENDER AS SET FORTH HEREIN.

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         6. REPRESENTATIONS AND WARRANTIES. The Borrower represents, warrants,
covenants and agrees that:

                  (a) The Borrower is a corporation duly organized, existing and
in good standing under the laws of its state of incorporation, is duly qualified
and in good standing under the laws of each jurisdiction where the character of
its properties or the transaction of its business makes such qualification
necessary and has full power to own its properties and assets and to carry on
its business as now being conducted.

                  (b) The Borrower has full power and authority to execute,
deliver and perform this Agreement and each Loan Schedule, which has been duly
authorized by all necessary and proper corporate action. No consent of
stockholders, if any, or of any public authority is required as a condition to
the validity of this Agreement and each Loan Schedule. The making and
performance by the Borrower of this Agreement and each Loan Schedule will not
violate any provision of law and will not conflict with or result in a breach of
any order, writ, injunction or decree of any court or government
instrumentality, or its charter or by-laws or create a default under any
agreement, note or indenture to which it is a party or by which it is bound or
to which any of its property is subject, or result in the imposition of any
lien, charge or encumbrance of any nature whatsoever upon any of its properties
or assets, except for the liens created under this Agreement or any Loan
Schedule.

                  (c) This Agreement and each Loan Schedule have been duly
executed and delivered, and constitutes the valid and legally binding obligation
of the Borrower, enforceable in accordance with its terms.

                  (d) The Borrower has good title to and is the lawful owner of
the Collateral free from all claims, liens, encumbrances, charges or security
interests whatsoever, except for the liens granted by this Note. For purposes of
this Agreement, Permitted Liens shall mean the liens granted by this Agreement
or any Loan Schedule.

                  (e) The Collateral is and will be kept at the location(s) set
forth in the relevant Loan Schedule hereto.

                  (f) The provisions of this Agreement and each Loan Schedule
create a valid and perfected first priority security interest in the Collateral,
enforceable in accordance with their respective terms, subject to no prior or
equal lien, charge, encumbrance or security interest, upon the filing of
appropriate Uniform Commercial Code financing statements or equivalent
instruments, and notation and issuance of appropriate certificates of title,
with respect to the Collateral. Uniform Commercial Code financing statements or
equivalent instruments and certificates of title with the Lender's security
interest duly noted thereon, with respect to the Collateral in a form provided
by Lender, have been executed by the Borrower and delivered to the Lender for
filing at the appropriate offices.

                  (g) There are no judgments outstanding against the Borrower
and there are no actions or proceedings before any court or administrative
agency pending or, to the knowledge of the Borrower, threatened against the
Borrower which, if determined adversely to the Borrower, would affect the
Collateral.

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                  (h) The Borrower's principal office and place of business
where it maintains its records concerning the Collateral is at its address
stated on the relevant Loan Schedule. The Borrower has no other office or place
of business, except as indicated on the relevant Loan Schedule.

         7. INSURANCE. The Borrower shall keep and maintain the Equipment and
other Collateral insured with all risk insurance, for not less than the
replacement cost thereof. The Borrower shall also provide, for the benefit of
the Lender, public liability insurance (both personal injury and property
damage) covering the Equipment and other Collateral. The amount of any such
insurance shall be sufficient so that neither the Borrower nor the Lender will
be considered a co-insurer. Such insurance shall be in form, issued by insurance
companies and in amounts reasonably satisfactory to the Lender. Each insurer
shall agree, by endorsement upon the policy or policies issued by it or by
independent instrument furnished to the Lender, that such insurer give at least
ten (10) days' prior written notice of the effective date of any alteration or
cancellation of such policy and that coverage under such policy shall not be
affected by any default, misrepresentation or other breach by the Borrower or
the Lender under this Agreement or any Loan Schedule or such policy. The Lender
shall have the option but not the obligation, to pay the premiums to continue
any such canceled insurance policy in effect or to obtain like coverage. The
Borrower agrees that any payment made by the Lender pursuant to the foregoing
authorization (and interest thereon at the rate of one and a half (1 1/2)
percent a month, or if such rate shall exceed the maximum rate allowed by law,
then, at such maximum rate from the date of such payment) shall become part of
the Obligations and be secured by the Collateral. The proceeds of all insurance
payable as a result of loss or damage to any item of the Equipment, up to the
amount of the Obligations pertaining to such Equipment may be applied by Lender
to satisfy such Obligations. The Borrower hereby irrevocably appoints the Lender
as the Borrower's attorney-in-fact to make claim for, receive payments of and
execute and endorse all documents, checks or drafts received in payment for loss
or damage under any such insurance policy. In the event that the amount of such
payments exceeds the amount of the Obligations pertaining to such Equipment or
this Agreement, Lender shall remit such excess amount to Borrower within ten
(10) business days after receipt thereof. In all events, the Borrower shall be
liable for any loss, damage, expense or costs suffered or incurred by the Lender
relating to or in any manner pertaining to this Agreement or any Loan Schedule,
the Collateral or the use or operation of the Collateral, provided that Borrower
shall not be liable for any loss, damage, expense or cost solely caused by
Lender's gross negligence or willful misconduct.

         8. MAINTENANCE; LOSS OF COLLATERAL. The Borrower acknowledges that, in
making its decision to extend the credit evidenced by this Agreement and each
Loan Schedule to the Borrower, the Lender is depending heavily upon the
realizable value of the Collateral at all times during the term of this
Agreement and each Loan Schedule, and the Borrower hereby represents and
warrants to the Lender that the purchase price paid by the Borrower for the
Collateral represents the retail fair market value thereof. Accordingly, the
Borrower agrees at all times to maintain the Collateral in good operating
condition, repair and appearance, and protect the same from deterioration, other
than normal wear and tear, keep the Collateral in its exclusive possession and
control at the location specified in the relevant Loan Schedule and use the
Collateral only in the regular course of its business within its normal
capacity, without abuse and in a manner contemplated by the Vendor, shall comply
with all laws, ordinances, regulations, requirements and rules with respect to
the use, maintenance and operation of the Collateral, shall not make any
modification, alteration or addition to the Collateral (other than normal
operating accessories or controls which, when added to the Collateral, shall not
impair the operation or reduce the value of the

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Collateral) without the prior written consent of the Lender, and all
modifications, alterations, accessories, parts, replacements and additions to
the Collateral which affect the value or operation of the Collateral shall
become part of the Collateral and be included within the term "Collateral" as
used herein. For the purpose of assuring the Lender that the Collateral will be
properly serviced, the Borrower agrees, in the event that the Lender so
requests, to cause the Collateral to be maintained by the Vendor (or another
maintenance organization approved by the Lender in writing) pursuant to Vendor's
standard preventive maintenance contract or comparable maintenance contract, in
each case covering at least prime shift maintenance of each item of Collateral.
The Borrower hereby assumes the entire risk of loss, damage or destruction of
the Collateral from any and every cause whatsoever. The Borrower agrees that any
such loss, damage or destruction of the Collateral shall not relieve the
Borrower of its obligations hereunder, which obligations shall remain absolute,
unconditional and not subject to any claim, defense, set-off, counterclaim,
reduction or abatement of any kind whatsoever; provided, however, that the
foregoing shall not limit the right of the Borrower to bring a separate claim
against Lender for breach of this Agreement or any other reason. In the event of
any loss, damage or destruction of any item of Collateral, the Borrower shall
give the Lender immediate written notice thereof and shall, at the Borrower's
sole expense (except to the extent of any proceeds of insurance maintained by
the Borrower which shall have been received by the Borrower as a result of such
loss, damage or destruction) and at the Lender's sole option, either (a) repair
such item, returning it to its previous condition, unless damaged beyond repair,
or (b) replace such item with a like item acceptable to the Lender, in good
condition and of equivalent value, which shall be included within the term
"Collateral" as used herein.

         9. BOOKS AND RECORDS. The Borrower shall give the Lender full and free
access to the Collateral at reasonable times during the normal business hours of
Borrower and with reasonable notice and to all books, correspondence and records
of the Borrower with respect thereto, permit the Lender and its representatives
to examine the same and to make copies and extracts therefrom, all at the
Borrower's expense. Notice shall not be required at such time Borrower is in
default under this Agreement.

         10. TAXES AND ENCUMBRANCES. The Borrower shall promptly pay and
discharge or cause to be paid and discharged all its obligations and
liabilities, including (without limitation) all taxes, assessments and
governmental charges upon it and its income or properties, when due unless and
to the extent only that the same shall be contested in good faith and by
appropriate proceedings and then only to the extent that a bond is filed in
cases where the filing of a bond is necessary to avoid the creation of a lien
against any of the Collateral or any of its other assets. Other than Permitted
Liens, the Borrower covenants and agrees to keep the Collateral free and clear
of all levies, liens, claims, security interests and encumbrances (including,
without limitation, any lease or sublease thereof) and to promptly pay all
charges, taxes and fees which may now or hereafter be imposed upon the
ownership, sale, purchase, possession or use of the Collateral. In addition, the
Borrower shall timely file all tax returns required solely in connection with
the use, operation or possession of the Collateral, and shall promptly furnish
copies thereof to the Lender.

         11. CORPORATE EXISTENCE. The Borrower shall do, or cause to be done,
all things necessary to preserve and keep in full force and effect its corporate
existence and all franchises, rights and privileges necessary for the proper
conduct of its business, and continue to engage in the business of the same
similar or related type as now conducted by it.

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         12. NOTICE OF EVENTS OF DEFAULT. The Borrower shall give notice in
writing promptly to the Lender of the occurrence of any event which constitutes,
or which with notice or lapse of time or both would constitute, an Event of
Default (as hereinafter defined).

13. DELIVERY OF FINANCIAL DATA.

         (a) So long as any obligations remain unsatisfied under this Agreement,
Borrower agrees to deliver to Lender or any assignee and any successor assignee
a copy of Borrower's monthly unaudited financial statements, and the annual
financial budget for the upcoming year as soon as such monthly unaudited
financial statements and annual financial budgets are available and as it may be
adjusted during the year. Borrower shall also furnish, as soon as available and
in any event within one-hundred twenty (120) days after the last day of
Borrower's fiscal year, a copy of Borrower's annual audited statements and
consolidating and consolidated balance sheet, if any, as of the end of such
fiscal year, accompanied by the opinion of Price Waterhouse Coopers or another
independent certified public accounting firm of recognized standing. The
Borrower shall furnish such other financial information as may be reasonably
requested by Lender, including but not limited to any material changes in the
financial budgets or projected financial statements as approved by the Board of
Directors and/or furnished to Shareholders.

         (b) The Borrower acknowledges and agrees that all credit applications,
statements, financial reports and other information prepared by (including any
information prepared by the Borrower's CPA's, as hereafter defined) and
submitted by it to the Lender are material inducements to the execution by the
Lender of this Agreement and each Loan Schedule and the financing provided
hereunder. The Borrower warrants that all such credit applications, statements,
reports and other information are and all information hereafter prepared by
(including any information prepared by the Borrower's CPA's, as hereafter
defined) and furnished by the Borrower to the Lender will be, to the best of
Borrower's knowledge true and correct in all material respects as of the date
submitted, that no such credit application, statement, report or other
information contains any material untrue or misleading information or omits any
material fact necessary to make such application, statement, report or other
information not misleading and that the Borrower is in no way affiliated with
any Vendor of any of the Equipment. The Borrower agrees, upon request by Lender,
to obtain for the Lender such estoppel certificates, landlord's waivers or other
similar documents as the Lender may reasonably request. Landlord Waivers are
only required for leasehold improvements including but not limited to fixtures.

         14. PRINCIPAL OFFICE. The Borrower shall not change its principal
office or the place where it maintains its records pertaining to the Collateral,
as specified in SECTIONS 6(e) AND 6(h) hereof, without giving the Lender at
least thirty (30) days' prior written notice thereof.

         15. LOCATION OF COLLATERAL; INSPECTION; LABELS. The Borrower shall not
remove or permit the removal of the Collateral from its present location as set
forth on the relevant Loan Schedule, without the prior written consent of the
Lender which consent shall not be unreasonably withheld or delayed. Upon
reasonable notice, the Lender and its representatives shall have the right to
enter the Borrower's premises from time to time during business hours to
inspect, observe or, after the occurrence and during the continuance of an Event
of Default, remove the Collateral, and to confirm its existence, condition and
proper maintenance or otherwise protect the Lender's interest therein. The
Borrower shall comply with all laws, ordinances, regulations or requirements of
any governmental authority, official, board or department relating to the
Collateral's installation, possession, use or maintenance. The Collateral shall
remain personal property regardless of its affixation to any realty. Upon the
Lender's request, the Borrower shall

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affix and keep in a prominent place on each item of Collateral labels, plates or
other markings indicating the Lender's security interest in the Collateral.

         16. OPTION TO PERFORM OBLIGATIONS OF THE BORROWER IN RESPECT OF THE
COLLATERAL. If the Borrower fails or refuses, after any applicable grace period
and notice to the Borrower, to make any payment, perform any covenant or
obligation, or take any other action which the Borrower is obligated hereunder
to perform, observe, take or do hereunder, then the Lender may, at its option,
without releasing the Borrower from any obligation or covenant hereof, perform,
observe, take or do the same in such manner and to such extent as the Lender may
deem necessary or appropriate to protect any of the Collateral and its rights
hereunder, including (without limitation) obtaining insurance and the payment of
any taxes and the payment of any sums necessary to discharge liens or security
interests at any time levied or placed on the Collateral. The Borrower agrees
that any payment or expense incurred by the Lender pursuant to the foregoing
authorization (and interest thereon at the rate of one and a half (1 1/2)
percent a month, or if such rate shall exceed the maximum rate allowed by law,
then, at such maximum rate from the date of incurring of any such expense is
incurred) shall become part of the Obligations and be secured by the Collateral
set forth in this Agreement and each Loan Schedule.

         17. FINAL PAYMENT ALTERNATIVES (a) Notwithstanding anything to the
contrary set forth in SECTION 2(a) of this Agreement, if at least 90 days prior
to the Final Payment Date under a Loan Schedule, the Borrower gives the Lender
written notice requesting that the Lender extend and finance the repayment of
the relevant Final Payment over an additional 12-month term commencing on such
Final Payment Date (the "REFINANCING REQUEST"), and provided that no Event of
Default (as hereinafter defined) and no event or circumstance that, with the
giving of notice or the passage of time, or both, would constitute an Event of
Default, including (without limitation) the nonpayment or nonperformance of any
outstanding liability or obligation under this Agreement (each, a "DEFAULT"),
shall have occurred and be continuing as of (i) the date such Refinancing
Request is given, or (ii) the relevant Final Payment Date, THEN such Final
Payment shall not be due and payable on such Final Payment Date but instead
shall be payable in 12 equal monthly installments of principal and interest,
each in the "REFINANCED MONTHLY INSTALLMENT AMOUNT" set forth in the relevant
Loan Schedule and due and payable on the same day of each month as such Final
Payment Date, commencing on such Final Payment Date.

         (b) Notwithstanding anything to the contrary set forth in SECTION 2(a)
of this Agreement, so long as no Default or Event of Default has occurred and is
continuing on the Final Payment Date under a Loan Schedule and if, at least 90
days prior to the relevant Final Payment Date, the Borrower notifies the Lender
in writing (the "RETURN OPTION EXERCISE NOTICE") of the Borrower's desire to
transfer title to the related Equipment to the Lender in partial satisfaction of
the Borrower's obligation to pay the relevant Final Payment (the "RETURN
OPTION"), the Borrower shall receive a credit in an amount equal to the "RETURN
OPTION CREDIT" set forth in such Loan Schedule against such Final Payment by
unconditionally and irrevocably transferring and assigning to the Lender or its
designee on such Final Payment Date all of the Borrower's right, title and
interest in and to the related Equipment; PROVIDED, HOWEVER, that the Borrower
pays the entire remaining "RETURN OPTION BALANCE AMOUNT" set forth in such Loan
Schedule to the Lender on the relevant Final Payment Date. If a Return Option
Exercise Notice is duly given as provided above, the relevant Return Option
shall be exercised by the Borrower delivering each of the following to the
Lender, at the Borrower's sole cost and expense, on or before the relevant Final
Payment Date: (i) a duly executed bill of sale in favor of the Lender with
respect to all of the Equipment covered by the relevant Loan Schedule, in form
and substance satisfactory to the Lender and its counsel; (ii) payment

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in full of the relevant Return Option Balance Amount; and (iii) the relevant
Equipment, at a location within the continental Untied States designated by the
Lender, in the same operating order, repair, condition and appearance as on the
date hereof, reasonable wear and tear only excepted, and with all engineering
and safety changes prescribed by the manufacturer or approved maintenance
organization to accept such Equipment under contract maintenance at its then
standard rates. The Borrower shall promptly pay any and all costs of repair,
replacement, deinstallation, packing, shipping and delivery of the relevant
Equipment to the Lender upon the Borrower's exercise of such Return Option. If
the Borrower duly satisfies all of the terms and conditions of this SECTION
17(b), the Borrower shall have fully satisfied all of its obligations under the
related Loan Schedule.

         (c) Notwithstanding anything to the contrary set forth in SECTION 2(a)
of this Agreement, if the Borrower believes that the "Fair Market Value" (as
hereinafter defined) of the Equipment covered by a Loan Schedule as of the
relevant Final Payment Date will be less than the amount of the Final Payment
under such Loan Schedule, the Borrower may notify the Lender in writing at least
90 days prior to such Final Payment Date of the Borrower's election to have the
amount of such Final Payment adjusted (the "FINAL PAYMENT ADJUSTMENT OPTION
NOTICE") to an amount equal to the greater of (i) Fair Market Value of the
relevant Equipment as of such Final Payment Date, or (ii) the "ADJUSTED FINAL
PAYMENT" set forth in the such Loan Schedule. If such Final Payment Adjustment
Option Notice is so given, and so long as no Default or Event of Default has
occurred and is continuing as of (A) the date such Final Payment Adjustment
Option Notice is given, or (B) the relevant Final Payment Date, THEN unless the
amount of such Adjusted Final Payment is greater than the amount of such Final
Payment, such Final Payment shall automatically be deemed changed to such
Adjusted Final Payment and the Borrower irrevocably and unconditionally agrees
to pay such Adjusted Final Payment on the relevant Final Payment Date in lieu of
such Final Payment. "FAIR MARKET VALUE" of any Equipment shall mean the amount
as of the relevant Final Payment Date that would obtain for such Equipment in a
retail arms'-length transaction between an informed and willing buyer in
possession under no compulsion to buy and an informed and willing seller under
no compulsion to sell. The Lender shall initially determine the Fair Market
Value of any Equipment by notifying the Borrower thereof in writing at least 75
days prior to the relevant Final Payment Date. If the Borrower does not accept
such determination of Fair Market Value by the Lender, the Borrower shall notify
the Lender of such non-acceptance in writing not less than 60 days prior to such
Final Payment Date. If the Borrower does not so notify the Lender of its
non-acceptance of the Lender's determination within such period, then the Fair
Market Value of such Equipment as initially determined by the Lender shall be
conclusive. If the Borrower does so notify the Lender of such non-acceptance
within such period, then the Fair Market Value of such Equipment shall
conclusively be established not less than 30 days prior to the relevant Final
Payment Date by an independent appraiser selected by the Lender and reasonably
acceptable to the Borrower. All costs for such appraiser shall be paid by the
Borrower within 10 days after its receipt of an invoice therefor.

         18. EVENTS OF DEFAULT; REMEDIES. (a) If any one of the following events
(each, an "EVENT OF DEFAULT") shall occur, then to the extent permitted by
applicable law, the Lender shall have the right to exercise any one or more of
the remedies set forth in SECTION 18(b) hereof: (i) the Borrower fails to make
any payment when due hereunder and such failure continues for a period of five
days; or (ii) Borrower fails to observe or perform (A) any other agreement or
obligation to be observed or performed hereunder or under any Loan Schedule or
other agreement, document or instrument delivered to the Lender by or on behalf
of an Obligor or otherwise relating to any of the Obligations (collectively, the
"OTHER DOCUMENTS") and unless expressly set forth in this Agreement or any Loan
Schedule, such failure

                                      -9-
<PAGE>

continues uncured for a period of thirty (30) days following notice by Lender,
or (B) any other obligation of Borrower to the Lender and the failure to observe
or perform shall continue uncured for thirty (30) days following notice by
Lender; or (iii) any representation or warranty made by or on behalf of Borrower
in this Agreement or any Loan Schedule or in any of the Other Documents shall at
any time prove to have been incorrect or untrue in any material respect when
made; or (iv) the Borrower's failure to obtain or maintain any insurance
required by the Lender hereunder and such failure continues uncured for a period
of ten (10) days following notice by Lender; or (v) a default occurs in the
performance or observance of the terms of any agreement, document or instrument
pursuant to which such indebtedness was created, secured or guaranteed, the
effect of which default is to cause the holder of any such indebtedness to cause
the same to be due prior to its stated maturity; or (vi) Borrower fails (after
ten (10) days prior notice thereof) to pay, withhold, collect or remit when
asserted or due any tax, assessment or other sum payable with respect to the
Collateral or any security for any of the Obligations (including, without
limitation, any premium on any insurance policy with respect to any of the
Collateral or any security for any of the Obligations, or any insurance policy
assigned to the Lender as security for any of the Obligations), or (vii) a
judgment is entered against the Borrower in an amount in excess of $25,000 and
such judgment is not satisfied, dismissed or stayed with 45 days, or any
attachment, levy or execution is made against any Collateral; or (viii) Borrower
sells all or substantially all of its assets or consolidates with or merges into
any other entity or Borrower's stockholders sell all or substantially all of
their stock; or (ix) Borrower fails (or Borrower admits in writing its
inability) to generally pay its debts as they become due or the insolvency or
business failure of Borrower; or (x) the filing of an application for
appointment of a trustee, custodian or receiver for Borrower or of any part of
Borrower's property (and in the case of an involuntary filing against the
Borrower, such filing is not dismissed within 60 days); or (xi) the filing of a
petition in bankruptcy by or against Borrower, or the commencement by or against
Borrower of any proceeding under any bankruptcy or insolvency law or statute, or
any law or statute relating to the relief of debtors or arrangement of debt,
readjustment of indebtedness, reorganization, receivership or composition, or
the extension of indebtedness (and in the case of an involuntary filing against
the Borrower, such filing is not dismissed within 60 days); or (xii) a material
adverse change in the condition or affairs (financial or otherwise) of Borrower
or any other event or circumstance occurs that materially impairs the prospects
of full and prompt payment or performance by Borrower of any of its Obligations;
or (xiii) Borrower attempts to remove, sell, transfer, encumber, sublet or part
with possession of the Equipment or any item thereof, except as expressly
permitted herein; no cure period shall apply to this Section 18 (xiii).
Notwithstanding the foregoing, the following shall not constitute an Event of
Default pursuant to this Agreement: if prior to February 28, 2000 [i] all or
some of the Borrower's current subsidiaries are merged into Borrower with
Borrower as the surviving corporation or [ii] Borrower enters into tax-free
reorganization pursuant to I.R.C. 368(a)(1)(F) (the "Reorganization
Transaction") pursuant to the terms of which [a] Borrower is merged into a
Delaware corporation (the "Delaware Borrower") which would be [x] the surviving
corporation and [y] formed solely for the purpose of reorganizing Borrower as a
Delaware corporation, [b] the outstanding shares of capital stock of the
Borrower would be converted on a one-for-one basis into outstanding shares of
capital stock of the Delaware Borrower, [c] the capital stock of the Delaware
Borrower will have attributes identical to the capital stock of the Borrower,
[d] the directors and officers of the Delaware Borrower would be the same
persons as the directors and officers of the Borrower before the Reorganization
Transaction, and [e] the Delaware Borrower would succeed to all of the rights
and assume all of the obligations of the Borrower, including the rights and
obligations of the Borrower pursuant to this Agreement and any and all documents
and instruments referenced herein.

                                      -10-
<PAGE>

                  (b) Upon the occurrence of an Event of Default, which Event of
Default has not been cured within the applicable cure period, at the Lender's
sole option, all or any part of the entire unpaid total amount of the
Obligations then owed to the Lender for the balance of the term thereof shall be
at once due and payable and the Lender may, enter upon the premises where any or
all of the Collateral securing such Obligations is located, take possession of
and remove same, and exercise any one or more of the following rights and
remedies, without liability to the Borrower therefor and without affecting the
Borrower's obligations hereunder: (i) sell, lease or otherwise dispose of any or
all of such Collateral or any part thereof at one or more public or private
sales, leases or other dispositions, at wholesale or retail, for such
consideration, on such terms, for cash or on credit, as the Lender may deem
advisable, and the Lender may immediately, without demand of performance and
without intention of notice to sell or of the time or place of sale or of
redemption or of advertisement or other notice or demand whatsoever to the
Borrower, all of which are hereby expressly waived (if notice of any sale or
other disposition is required by law to be given, the Borrower hereby agrees
that a notice sent at least five (5) days before the time of any intended public
sale or of the time after which any private sale or other disposition of such
Collateral is to be made, shall be reasonable notice of such sale or other
disposition); or (ii) to the extent permitted by law, retain such Collateral or
any part thereof, crediting the Borrower with the reasonable fair market or
rental value thereof for the balance of the term of the related Loan Schedule;
and/or (iii) require the Borrower to assemble such Collateral at the Borrower's
sole expense, for the Lender's benefit, at a place designated by the Lender;
and/or (iv) pursue any other remedy granted by any existing or future document
executed by the Borrower or by law, including, without limitation, the rights
and remedies of a secured party under the Uniform Commercial Code as enacted in
any jurisdiction in which any of such Collateral may be located. At any public
sale, the Lender may be the purchaser of all or any part of such Collateral,
free from any right of redemption on the part of the Borrower, which right is
hereby waived and released. The Borrower agrees to pay all of the Lender's
reasonable expenses, including but not limited to the costs of repossessing,
storing, repairing and preparing such Collateral for sale or lease, any
commissions payable in connection with any such sale or lease, and reasonable
attorney's fees and disbursements, if an attorney shall be consulted. The net
proceeds realized from any such sale, lease or other disposition or the exercise
of any other remedy, after deducting therefrom all related expenses, shall be
applied toward payment of the unpaid Obligations due and to become due to the
Lender hereunder, the Borrower to remain personally liable for any deficiency.
The Lender's recovery shall in no event exceed the maximum amount permitted by
law. If any of such Collateral is leased by the Lender to a bona fide third
party, the present value of such lease receivable discounted at an interest rate
of 12% per annum shall be credited to the Borrower's liability to the Lender
after deducting all expenses associated with the lease of such Collateral and
the Borrower shall remain liable for any deficiency thereof. It is understood
that the ability to repossess the Collateral after the occurrence of an uncured
Event of Default is a basis for the financial accommodation reflected by this
Agreement and each Loan Schedule. Any late charges payable to the Lender under
SECTION 2(e) hereof shall be payable in addition to all amounts payable by the
Lender as a result of exercise of any of the remedies herein provided. The
Borrower agrees to also reimburse the Lender for any expenses (including the
Lender's reasonable attorneys' fees and expenses) arising out of or caused by
Borrower's breach of this Agreement or any Loan Schedule. Notwithstanding
anything to the contrary contained herein, if any one or more Loan Schedules are
assigned by the Lender to one or more assignees, the Collateral securing the
Obligations under each Loan Schedule shall be limited to the Collateral securing
the Obligations under each Loan Schedule then held by the Lender or such
assignee, as the case may be.

                                      -11-
<PAGE>

         19. POWER OF ATTORNEY. The Borrower authorizes the Lender and does
hereby make, constitute and appoint the Lender and any officer, employee or
agent of the Lender with full power of substitution, as the Borrower's true and
lawful attorney-in-fact with power, in its own name or in the name of the
Borrower: upon the occurrence and during the continuance of an Event of Default,
(i) to endorse any notes, checks, drafts, money orders, or other instruments of
payment (including payments under or in respect of any policy of insurance) in
respect of the Collateral that may come into possession of the Lender, (ii) to
sign and endorse any documents relating to the Collateral, (iii) to pay or
discharge taxes, liens, security interests or other encumbrances at any time
levied or placed on or threatened against the Collateral, and/or (iv) to grant,
collect, receipt for, compromise, settle and sue for monies due in respect of
the Collateral; and (v) generally to do, at the Lender's option, all acts and
things that the Lender reasonably deems necessary or desirable to protect,
preserve and realize upon the Collateral and the Lender's security interests
therein, or (vi) in order to otherwise effectuate the intent of this Agreement
and each Loan Schedule, in each case as fully and effectually as the Borrower
might or could itself do; and the Borrower hereby ratifies all that such
attorney-in-fact shall lawfully do or cause to be done by virtue hereof. THIS
POWER OF ATTORNEY IS COUPLED WITH AN INTEREST AND SHALL BE IRREVOCABLE FOR AS
LONG AS ANY OF THE OBLIGATIONS SHALL BE OUTSTANDING. The Borrower agrees that
any expense incurred by the Lender pursuant to the foregoing authorization, and
interest thereon at the rate of one and a half (1 1/2) percent a month, or if
such rate shall exceed the maximum rate allowed by law, then, at such maximum
rate from the date of incurring any such expense, shall become part of the
Obligations and be secured by the Collateral.

         20. ASSIGNMENT, ETC. The Borrower shall not assign, pledge, mortgage,
lease, transfer, encumber or otherwise dispose of any of its rights in the
Collateral or any part thereof, nor permit its use by anyone other than its
regular employees without the Lender's prior written consent. Any such purported
transfer, assignment or other action without the Lender's prior written consent
shall be void. The Lender may, upon notice to (but without the consent of) the
Borrower, transfer or assign this Agreement and each Loan Schedule or any
interest herein and may mortgage, pledge, encumber or transfer any of its rights
or interest in and to the Collateral or any part thereof and, without
limitation, each assignee, transferee, pledgee and mortgagee (which may include
any affiliate of the Lender) shall have the right to further transfer or assign
its interest. Each such assignee, transferee, pledgee and mortgagee shall have
all of the rights (but none of the obligations) of the Lender under this
Agreement and each Loan Schedule, all of which obligations of the Lender will in
all cases and instances be retained by the Lender. The Borrower hereby
acknowledges notice of the Lender's intended assignment of this Agreement and
each Loan Schedule and, upon such assignment, the Borrower agrees not to assert
against any such assignees, transferees, pledgees and mortgagees any defense,
claim, counterclaim, recoupment or set-off that the Borrower may have against
the Lender, whether arising under this Agreement or any Loan Schedule or
otherwise. Any assignee, transferee, pledgee or mortgagee of the Lender's rights
under this Agreement or any Loan Schedule shall be considered a third party
beneficiary of all of the Borrower's representations, warranties and obligations
hereunder to the Lender. The Borrower agrees (a) in connection with any such
transfer or assignment, to provide such instruments, documents, acknowledgments
and further assurances as the Lender or any assignee, transferee, mortgagee or
pledgee may deem necessary or advisable to effectuate the intents of this
Agreement or any Loan Schedule or any such transfer or assignment, with respect
to such matters as the Agreement, any Loan Schedule, the Collateral, the
Borrower's obligations to such assignee, transferee, mortgagee or pledgee and
such other matters as may be reasonably requested, and (b) that after receipt by
the Borrower of written notice of assignment from the Lender or from the
Lender's assignee, transferee, pledgee or mortgagee, all principal,

                                      -12-
<PAGE>

interest and other amounts which are then and thereafter become due under this
Agreement or any Loan Schedule shall be paid to such assignee, transferee,
pledgee or mortgagee, at the place of payment designated in such notice. This
Agreement and each Loan Schedule shall be binding upon the Borrower and its
successors and shall inure to the benefit of the Lender and its successors and
assigns.

         21. NO WAIVER. No failure on the part of the Lender to exercise, and no
delay in exercising any right, remedy or power hereunder shall operate as a
waiver thereof, nor shall any single or partial exercise by the Lender of any
right, remedy or power hereunder preclude any other or future exercise of any
other right, remedy or power. No course of dealing between the Borrower and the
Lender nor any delay or omission on the part of the Lender shall operate as a
waiver of any rights of the Lender. Each and every right, remedy or power hereby
granted to the Lender or allowed it by law or other agreement shall be
cumulative and not exclusive of any other, and may be exercised by the Lender
from time to time. Waiver of any particular Event of Default shall not be deemed
to be a waiver of any other or subsequent Event of Default.

         22. FURTHER ASSURANCES; FILING. The Borrower from time to time, at its
sole expense, will promptly execute and deliver all further instruments,
documents and assurances, and take all further action, that may be necessary or
desirable, or that the Lender may reasonably request, and hereby authorizes the
Lender to take all action (including the filing of any financing statements,
continuation statements or amendments thereto without the signature of the
Borrower) as the Lender may deem reasonably necessary, proper or desirable in
order to perfect and protect any security interest granted or purported to be
granted hereby or to enable the Lender to exercise and enforce its rights and
remedies hereunder with respect to any of the Collateral. The Borrower hereby
authorizes the Lender to file one or more financing or continuation statements,
and amendments thereto, relative to all or any part of the Collateral without
the signature of the Borrower where permitted by law. A carbon, photographic or
other reproduction of this Agreement or any Loan Schedule or any financing
statement covering the Collateral or any part thereof shall be sufficient as a
financing statement where permitted by law. The Borrower agrees to pay the
Lender the actual fees for such filing, recording or stamp fees or taxes arising
from the filing or recording of any such instrument or statement. Upon request,
Lender shall provide Borrower with copies of each filing which has been made
hereunder.

         23. INDEMNITY AND EXPENSES. The Borrower shall and does hereby
indemnify and save the Lender, its directors, officers, employees, agents,
attorneys, servants, successors and assigns, harmless from any and all
liabilities (including, without limitation, negligence, tort and strict
liability), damages, expenses, claims, actions, proceedings, judgments,
settlements, losses, liens and obligations (each, an "INDEMNIFIED CLAIM"),
including (without limitation) attorneys' fees and expenses, arising out of the
ordering, purchase, delivery, rejection, non-delivery, ownership, selection,
possession, leasing, renting, financing, operation (regardless of where, how and
by whom operated), control, use, condition (including but not limited to latent
and other defects, whether or not discoverable by the Borrower), maintenance,
delivery, transportation, storage, repair, furnishing of specifications with
respect to, and the return or other disposition of, the Equipment or any other
Collateral, or, in the event that the Borrower shall be in default hereunder,
arising out of the condition of any item of Equipment or any other Collateral
sold or disposed of after use by the Borrower, including (without limitation)
claims for injury to or death of persons and for damage to property. The
indemnities and obligations herein provided shall continue in full force and
effect notwithstanding the expiration, termination or cancellation of this
Agreement or any Loan Schedule for any reason whatsoever and irrespective of
whether the Borrower ever accepts the Equipment or any

                                      -13-
<PAGE>

other Collateral. The Lender shall give the Borrower prompt written notice of
any Indemnified Claim and, at the Lender's sole option, Borrower shall defend
the Lender against any Indemnified Claim at the Borrower's sole expense with
attorney(s) selected by the Borrower and reasonably acceptable to Lender. The
Borrower is an independent contractor and nothing contained herein shall
authorize the Borrower or any other person to operate any item of Equipment or
any other Collateral so as to incur any liability or obligation for or on behalf
of the Lender. The Borrower will upon demand pay to the Lender the amount of any
and all reasonable expenses, including the fees and disbursements of its counsel
and of any experts and agents, which the Lender may incur in connection with (a)
the exercise, enforcement or protection of any of the rights of the Lender
hereunder after the occurrence and during the continuance of an Event of
Default, or (b) the failure by the Borrower to perform or observe any of the
provisions hereof. The foregoing amounts shall become part of the Obligations
and secured by the Collateral as set forth in this Agreement or any Loan
Schedule and the Lender may at any time apply to the payment of all such costs
and expenses all proceeds arising from the possession or disposition of all or
any portion of the Collateral.

         24. MODIFICATIONS, ETC. Neither this Agreement nor any Loan Schedule,
nor any provision hereof or thereof, may be changed, waived, discharged, or
terminated orally, but only by an instrument in writing signed by a duly
authorized representative of the party against whom enforcement of the change,
waiver, discharge or termination is sought.

         25. TERMINATION. Upon the non-defeasible payment in full of all
Obligations, the Lender shall execute and deliver to the Borrower all such
documents and instruments as shall be necessary to evidence termination of this
Agreement or any Loan Schedule and the security interests created hereunder.

         26. ENTIRE AGREEMENT: PARTIAL INVALIDITY. This Agreement and each Loan
Schedule constitutes the entire agreement of the Lender and the Borrower with
respect to the transactions covered hereby, and supersedes any and all prior
agreements, understandings and negotiations with respect thereto. If any
provision of this Agreement or any Loan Schedule is held to be invalid or
unenforceable, such invalidity or unenforceability shall not invalidate this
Agreement or any Loan Schedule as a whole, but this Agreement or such Loan
Schedule shall be construed as though it did not contain the particular
provision or provisions held to be invalid or unenforceable and the rights and
obligations of the parties shall be construed and enforced to such extent as
shall be permitted by law.

         27. MISCELLANEOUS. (a) Any notice or other communication to a party
hereunder shall be sufficiently given if in writing and personally delivered or
mailed to said party by certified mail, return receipt requested, at its address
set forth herein or such other address as either may designate for itself in
such a notice to the other and such notice shall be deemed to have been given
when received if personally delivered or served by overnight delivery or by
mail. Whenever the sense of this Agreement or any Loan Schedule requires, words
in the singular shall be deemed to include the plural and words in the plural
shall be deemed to include the singular. If more than one Borrower is named
herein, the liability of each shall be joint and several. The headings set forth
in this Agreement or any Loan Schedule are for convenience of reference only,
and shall not be given substantive effect.

         (b) To the extent that any Loan Schedule evidencing a Loan hereunder
would constitute "chattel paper," as such term is defined under the Connecticut
Uniform Commercial Code, a security interest therein may be created only through
the transfer or possession of the original of Counterpart No. 1 of such

                                      -14-
<PAGE>

Loan Schedule executed pursuant to this Agreement. Transfer or possession of an
original counterpart of this Agreement shall not be necessary to perfect such
security interest and no security interest in any such Loan Schedule may be
created by the transfer or possession of any other counterpart of such Loan
Schedule or by the transfer or possession of any counterpart of this Agreement.

28. CHOICE OF LAW AND VENUE; WAIVER OF JURY TRIAL. THIS AGREEMENT AND EACH LOAN
SCHEDULE SHALL BE CONSTRUED UNDER THE LAWS OF THE STATE OF CONNECTICUT, WITHOUT
REGARD TO PRINCIPLES OF CONFLICTS OF LAW OR CHOICE OF LAW. THE BORROWER HEREBY
AGREES THAT ALL ACTIONS OR PROCEEDINGS ARISING DIRECTLY OR INDIRECTLY FROM OR IN
CONNECTION WITH THIS AGREEMENT OR ANY LOAN SCHEDULE OR ANY OF THE COLLATERAL
SHALL, AT THE LENDER'S SOLE OPTION, BE LITIGATED ONLY IN THE CONNECTICUT STATE
COURTS OR THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF CONNECTICUT
SITTING IN FAIRFIELD COUNTY, CONNECTICUT. The Borrower consents to the
jurisdiction and venue of the foregoing courts and consents that any process or
notice of motion or other application to either of such courts or a judge
thereof may be served inside or outside the State of Connecticut or the District
of Connecticut by registered mail, return receipt requested, directed to the
Borrower at its address set forth in this Agreement or any Loan Schedule (and
service so made shall be deemed complete upon receipt or by personal service, or
in such other manner as may be permissible under the rules of said courts). THE
LENDER AND THE BORROWER EACH WAIVE THE RIGHT TO TRIAL BY JURY IN ANY COURT WITH
RESPECT TO, IN CONNECTION WITH, OR ARISING OUT OF THIS AGREEMENT OR ANY LOAN
SCHEDULE, OR THE VALIDITY, PROTECTION, INTERPRETATION, COLLECTION OR ENFORCEMENT
THEREOF, OR ANY OTHER CLAIM OR DISPUTE HOWSOEVER ARISING, BETWEEN THE BORROWER
AND THE LENDER. The Borrower hereby waives the right to interpose any set-off or
counterclaim or cross-claim in any such litigation, such litigation, except for
counterclaims or cross-claims which must, as a matter of law, be maintained, in
such litigation, or if not commenced in such action are forfeited; PROVIDED,
HOWEVER, that nothing in this SECTION 28 shall prevent the Borrower from
asserting, in a separate and independent proceeding, any claim it may have
against the Lender.

                  IN WITNESS WHEREOF, the parties hereby have caused these
presents to be duly executed by their authorized representatives on the date
first above written.

LEASING TECHNOLOGIES                       PRIMIS, INC.
INTERNATIONAL, INC.

By: /s/ George A. Parker                   By: /s/ James Schaper President & CEO
   -------------------------------            ---------------------------------
                        (Title)                                   (Title)
        GEORGE A. PARKER
        EXECUTIVE VICE PRESIDENT            Attest: /s/ Leslie H. Schreiner CEO
                                                   ----------------------------
                                                                         (Title)

                             COUNTERPART NO. 3 OF 3
                                             -    -

                                      -15-
<PAGE>

                             SECRETARY'S CERTIFICATE

          The undersigned hereby certifies to LEASING TECHNOLOGIES
INTERNATIONAL, INC. ("LTI") that (a) he/she is the Secretary of Primis, Inc., a
corporation existing under the laws of Georgia (the "CORPORATION"), (b) the
following resolutions were duly adopted by the Board of Directors of the
Corporation [by unanimous written consent dated ________________, 1999]* [at a
meeting duly held on _________________________, 1999, at which meeting a quorum
was present and acting throughout]*, and (c) the same have not been modified or
rescinded and are not in conflict with any provision of the Certificate of
Incorporation, By-laws or any agreement of the Corporation:

                   "RESOLVED, that this Corporation is authorized and empowered
                   to lease equipment and/or purchase equipment and/or borrow
                   and/or obtain credit from, and/or enter into other financial
                   arrangements with, Leasing Technologies International, Inc.
                   ("LTI") from time to time (including, without limitation, the
                   leasing of equipment, the purchasing of equipment, the
                   borrowing of funds, the granting of security interests in
                   property of every description belonging to this Corporation,
                   and/or the sale of property now or hereafter owned by this
                   Corporation and the leasing back of any such property), all
                   such transactions to be on such terms and conditions as may
                   be mutually agreed from time to time between this Corporation
                   and LTI, and each and any officer of this Corporation is
                   authorized, in the name and on behalf of this Corporation, to
                   execute and deliver to LTI such lease agreements, promissory
                   notes, chattel mortgages, security agreements, financing
                   statements, bills of sale and/or other agreements,
                   instruments and documents in connection with such
                   transactions, and all supplements, amendments, modifications
                   and restatements thereto as such officer may deem advisable,
                   each containing such terms and conditions as may be approved
                   by the officer executing such document, such officer's
                   execution thereof to be conclusive evidence of such approval
                   and of such officer's authority to do so, and it is further

                   RESOLVED, that each and any officer of this Corporation is
                   authorized, in the name and on behalf of this Corporation, to
                   execute and deliver to LTI such other documents and take such
                   other actions as such officer may deem necessary or advisable
                   to effectuate and perform the transactions contemplated by
                   the foregoing resolution, and the Secretary or any Assistant
                   Secretary

----------
*Delete if inapplicable.

                                      -16-
<PAGE>

                    of this Corporation is authorized to certify a copy of these
                    resolutions to LTI."

          The undersigned further certifies that (a) annexed hereto as EXHIBITS
"A" AND "B", respectively, are true, correct and complete copies of the
Certificate of Incorporation and Bylaws of the Corporation, as amended to date,
and (b) set forth below are the names and genuine signatures of certain officers
of the Corporation, each of whom is duly elected, qualified and currently holds
the respective office(s) appearing beside such name:

OFFICE                       NAME                    SIGNATURE
------                       ----                    ---------

President           ________________________         _________________________

Vice President      ________________________         _________________________

Treasurer           ________________________         _________________________

Signed and sealed this ___________ day of ____________, 1998.

(Corporate Seal)
                       --------------------------------------
                                    (Secretary)

          The undersigned, the _________________ of the Corporation, hereby
certifies to LTI that the above is the signature of
_________________________________, the duly elected, qualified and currently
serving Secretary of the Corporation.

                       --------------------------------------
                                      (Officer)

                                      -17-<PAGE>

                                                                 EXHIBIT 10.23

                         LETTER OF INTENT

For the purposes of elevating Countrywide's Quality Control Division to
Primis Select Client status, Primis and Countrywide's Quality Control
division hereby indicate their mutual intent to work together on the
following terms. The relationship may be terminated by either party upon 30
days notice.

1.  Primis will offer Field Review services in each of our 16 core market
    states, prepared by our employed staff appraisers;

2.  Primis will offer Field Review services in the remaining 34 states,
    prepared by our affiliated "PrimisNet" appraisers;

3.  Electronic delivery (EDI) of our reports via a .PDF e-mail attachment, or
    other suitable method, will be made available in our core markets and we
    will target a 50-60% overall EDI delivery for your account. As our
    acquisitions continue, this percentage will increase.

4.  Primis will make available archival system for (EDI) review reports on CD
    at month-end, or other mutually agreeable periodic basis. With the
    complete Adobe Acrobat software (we can make it available to you), we
    have been advised you will be able to COPY AND PASTE sections from the
    .PDF files we provide to your internal management reports.

5.  Primis will provide Countrywide QC with all of the benefits of being a
    "Select Client" which will include a dedicated team of service
    specialists handling your account and providing you with comprehensive
    communication services including confirmations, updates, event tracking,
    management reports and consolidated billing services. Reports are made
    available to you on a daily, weekly and monthly basis;

6.  Field Review fees to be $165 in our core market areas (see attached grid
    of states/counties) and $250 for the rest of the United States. As we add
    additional core market areas, we will revise the pricing to match this
    concept.

7.  Primis will provide you with a color printer by which the reports we
    transmit to Countrywide electronically can be printed in your Simi Valley
    office. Cost of maintenance and toner cartridges will be the
    responsibility of Countrywide.

8.  Subject to the satisfactory performance of Primis, Countrywide Quality
    Control will use its best efforts over the next twenty four (24) months
    to direct field review orders in Primis' core market areas to Primis.
    Countrywide Quality Control will direct other national orders to Primis
    such that Primis will receive an aggregate of 50% of Countrywide Quality
    Control's monthly orders.

9.  The parties will seek to execute an agreement, satisfactory to the
    parties and their respective legal departments, which will more formally
    document their mutual agreement on the above general terms.

10. Additional Terms:

    A. Oregon and Washington at $250

Dated this 6th day of January, 2000.

/s/ Lee Trumble
----------------------------------------    -----------------------------------
Lee Trumble, Countrywide Quality Control      Joseph D. Mathews, Primis, Inc.

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