Document:

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                                                                   EXHIBIT 10.17

                   AMENDMENT NO. 5 TO LOAN AGREEMENT AND NOTES

         AMENDMENT NO. 5 TO LOAN AGREEMENT (this "FIFTH AMENDMENT"), made and
executed this 8th day of February, 2001, by and between:

         OMEGA WORLDWIDE, INC., a Maryland corporation (the "BORROWER");

         The Banks that have executed the signature pages hereto (individually,
a "BANK" and collectively, the "BANKS"); and

         FLEET NATIONAL BANK (formerly Fleet Bank, N.A.), a national banking
association, as Agent for the Banks (in such capacity, together with its
successors in such capacity, the "AGENT").

                             PRELIMINARY STATEMENTS

         (A) The Borrower has entered into a certain Loan Agreement dated
November 20, 1998, as amended by (i) Amendment No. 1 to Loan Agreement dated
October 22, 1999, effective as of August 18, 1999, (ii) Amendment No. 2 and
Waiver to Loan Agreement dated January 10, 2000, (iii) Amendment No. 3 and
Waiver to Loan Agreement dated May 12, 2000, effective as of March 17, 2000, and
(iv) Amendment No. 4 to Loan Agreement dated July 7, 2000, effective as of June
29, 2000 (as so amended, hereinafter referred to as the "LOAN AGREEMENT") with
the Agent and the Banks; and

         (B) The Borrower has requested that the Banks and the Agent amend
certain provisions of the Loan Agreement, and the Banks and the Agent are
willing to do so, all on the terms and conditions hereinafter set forth;

         NOW, THEREFORE, in consideration of the agreements and provisions
contained herein, the parties hereto hereby agree as follows:

         1. DEFINITIONS. Capitalized terms used but not otherwise defined herein
shall have the meanings ascribed to such terms in the Loan Agreement.

         2. CERTAIN AMENDMENTS TO THE LOAN AGREEMENT AND NOTES.

                  The parties hereto confirm that, as of the date of the Fifth
Amendment, the aggregate principal amount of the Term Loans outstanding is
$2,850,000 (the "PRINCIPAL BALANCE"). Notwithstanding anything to the contrary
contained in Section 2.6 of the Loan Agreement or the Notes, the parties agree
that the Borrower shall pay to the Agent for the account of each Bank, the
Principal Balance in three (3) installments, on the dates and in the amounts set
forth below, provided, that, the last such installment on June 30, 2001 shall be
in an amount sufficient to repay in full the outstanding principal amount of the
Term Loans on such date:

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<TABLE>
<CAPTION>
---------------------------- ---------------------------- --------------------------- ----------------------------------
      Dates on Which             Amount of Principal         Amount of Principal         Amount of Principal Balance
 Installments of Principal     Balance Payable on Each     Balance Payable to Fleet      Payable to Harris Trust and
          are Due                     Such Date                 National Bank                   Savings Bank
---------------------------- ---------------------------- --------------------------- ----------------------------------
<S>                          <C>                          <C>                         <C>
February 8, 2001                     $1,000,000                    $600,000                       $400,000

---------------------------- ---------------------------- --------------------------- ----------------------------------
March 31, 2001                         $500,000                    $300,000                       $200,000

---------------------------- ---------------------------- --------------------------- ----------------------------------
June 30, 2001                        $1,350,000                    $810,000                       $540,000

---------------------------- ---------------------------- --------------------------- ----------------------------------
</TABLE>
The Loan Agreement and the Notes are each hereby deemed modified and amended to
give effect to the foregoing.

         3. REPRESENTATIONS AND WARRANTIES. In order to induce the Banks and the
Agent to enter into this Fifth Amendment, each of the Loan Parties hereby
represents and warrants to the Banks and the Agent, as to itself with respect to
the Loan Documents to which it is a party, that:

                  3.1 No Default. After giving effect to this Fifth Amendment,
no Default or Event of Default shall have occurred or be continuing.

                  3.2 Existing Representations and Warranties. As of the date
hereof and after giving effect to this Fifth Amendment, each and every one of
the representations and warranties set forth in the Loan Documents are true,
accurate and complete in all respects and with the same effect as though made on
the date hereof, and each is hereby incorporated herein in full by reference as
if restated herein in its entirety, except for changes in the ordinary course of
business which are not prohibited by the Loan Agreement (as amended hereby) and
which do not, either singly or in the aggregate, have a Material Adverse Effect.

                  3.3 Authority; Enforceability. (i) The execution, delivery and
performance by each Loan Party of this Fifth Amendment are within its
organizational powers and have been duly authorized by all necessary action
(corporate or otherwise) on the part of each Loan Party, (ii) this Fifth
Amendment is the legal, valid and binding obligation of each Loan Party,
enforceable against each Loan Party in accordance with its terms, and (iii) this
Fifth Amendment and the execution, delivery and performance by each Loan Party
thereof does not: (A) contravene the terms of any Loan Party's organization
documents, (B) conflict with or result in any breach or contravention of, or the
creation of any Lien under, any document evidencing any contractual obligation
to which any Loan Party is a party or any order, injunction, writ or decree to
which any Loan Party or its property is subject, or (C) violate any requirement
of law.

         4. REFERENCE TO AND EFFECT UPON THE LOAN AGREEMENT.

                  4.1 Effect. Except as specifically set forth herein, the Loan
Agreement and the other Loan Documents shall remain in full force and effect in
accordance with their terms and are hereby ratified and confirmed.

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<PAGE>   3

                  4.2 No Waiver; References. The execution, delivery and
effectiveness of this Fifth Amendment shall not operate as a waiver of any
right, power or remedy of the Agent or any Bank under the Loan Agreement, nor
constitute a waiver of any provision of the Loan Agreement, except as
specifically set forth herein. Upon the effectiveness of this Fifth Amendment,
each reference in:

                           (i) the Loan Agreement to "this Agreement",
"hereunder", "hereof", "herein" or words of similar import shall mean and be a
reference to the Loan Agreement as amended hereby;

                           (ii) the other Loan Documents to the "Loan Agreement"
shall mean and be a reference to the Loan Agreement as amended hereby;

                           (iii) the Loan Documents to the "Loan Documents"
shall be deemed to include this Fifth Amendment; and

                           (iv) the "Notes" shall be deemed to refer to the
Notes as amended hereby.

         5. MISCELLANEOUS.

                  5.1 Expenses. The Loan Parties agree to pay the Agent upon
demand for all reasonable expenses, including reasonable attorneys' fees and
expenses of the Agent, incurred by the Agent in connection with the preparation,
negotiation and execution of this Fifth Amendment.

                  5.2. Law. THIS FIFTH AMENDMENT SHALL BE CONSTRUED IN
ACCORDANCE WITH AND GOVERNED BY THE INTERNAL LAWS OF THE STATE OF NEW YORK.

                  5.3 Successors. This Fifth Amendment shall be binding upon the
Loan Parties, the Banks and the Agent and their respective successors and
assigns, and shall inure to the benefit of the Loan Parties, the Banks and the
Agent and the successors and assigns of the Banks and the Agent.

                  5.4 Execution in Counterparts. This Fifth Amendment may be
executed in any number of counterparts and by different parties hereto in
separate counterparts, each of which when so executed and delivered shall be
deemed to be an original and all of which taken together shall constitute one
and the same instrument.

                           [Signature Page to Follow]

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<PAGE>   4

         IN WITNESS WHEREOF, the parties hereto have caused this Fifth Amendment
to be executed and delivered by their respective officers thereunto duly
authorized as of the date first written above.

                                    OMEGA WORLDWIDE, INC.

                                    By  /s/ John Storey
                                      ------------------------------------------
                                        Treasurer                          Title

                                    FLEET NATIONAL BANK, as Agent
                                    and as a Bank

                                    By  /s/ Christian Covello
                                      ------------------------------------------
                                        Vice President                     Title

                                    HARRIS TRUST AND SAVINGS BANK

                                    By  /s/ Edward P. McGuire
                                      ------------------------------------------
                                        Vice President                     Title

Agreed to and Accepted:

OMEGA HEALTHCARE INVESTORS, INC.

By  /s/ Susan A. Kovach
  -----------------------------------------
    Vice President                   Title

                                       4<PAGE>   1
                                                                 EXHIBIT 10.7(e)

                                FREEMARKETS, INC.
                SECOND AMENDED AND RESTATED STOCK INCENTIVE PLAN
                                GRANT CERTIFICATE

This Grant Certificate, dated February 7, 2001, evidences the grant of an option
(the "Option") pursuant to the provisions of the Second Amended and Restated
Stock Incentive Plan (the "Plan") of FreeMarkets, Inc. (the "Company") to the
individual whose name appears below (the "Participant"), covering the specific
number of shares ("Shares") of Common Stock of the Company, par value $.01 per
share ("Common Stock") set forth below, pursuant to the provisions of the Plan
and on the terms and conditions set forth below. Defined terms used in this
Grant Certificate and not otherwise defined herein shall have the meanings set
forth in the Plan.

1.    Name of Participant: Ray Lane

2     Number of Shares subject to the Option: One Million Shares

3.    Exercise price per Share subject to the Option: Closing price of a share
      of Common Stock on February 7, 2001

4.    Date of grant of the Option: February 7, 2001

5.    Exercise Period: February 7, 2001 through February 6, 2011 (subject to
      Section 9 hereof)

6.    Type of option: Nonqualified Stock Option

7.    Vesting: The Option shall vest in equal monthly installments beginning on
      March 7, 2001 and ending on March 7, 2003, provided that Participant is
      serving as a member of the Board of Directors of the Company (the "Board")
      on the applicable vesting date. Once a vesting date has occurred, the
      vested portion of the Option may be exercised at any time and from time to
      time by the Participant during the Exercise Period. The unvested portion
      of the Option may be exercised at any time and from time to time by the
      Participant during the Exercise Period in exchange for the issuance of
      Restricted Stock which shall be subject to repurchase by the Company for
      the Exercise Price. The Company's right to repurchase Restricted Stock
      shall lapse in equal monthly installments corresponding to the vesting
      dates applicable to the Option.

8.    Payment: Full payment for Shares purchased upon exercise of the Option
      shall be made at the time of exercise, in either cash or by the delivery
      of a promissory note (the "Note") providing for interest at the
      "Applicable Federal Rate" as defined in the Code. The principal amount of
      the Note, together with accrued interest, shall be payable in a lump sum
      on the earlier of (i) the date of termination of Participant's service as
      a member of the Board; (ii) the sale of Shares which have been paid for
      pursuant to the delivery of the Note, provided that in the case of a sale
      of less than all of such Shares, the principal amount and accrued interest
      which is due shall be calculated by multiplying the original total
      principal amount by a fraction, the numerator of which is the number of
      Shares being sold and the denominator of
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      which is the total number of Shares purchased upon exercise of the Option,
      and each such payment of principal shall be accompanied by interest
      accrued on the portion of the principal being repaid; or (iii) three years
      from the date of such exercise. The Participant shall also remit to the
      Company at the time of exercise, if requested by the Company, an amount
      sufficient to satisfy any withholding tax obligations of the Company that
      arise in connection with such exercise.

9.    Termination of Option: All rights to exercise the Option shall terminate
      on the first to occur of:

      a.    February 6, 2011;

      b.    Sixty days following the termination of Participant's service as a
            member of the Board; or

      c.    Upon the occurrence of a Change of Control, if so determined by the
            Board, and subject to Section 10 hereof.

10.   Change of Control: The Option shall automatically accelerate and become
      exercisable in full immediately prior to the effective date of a Change of
      Control, and any repurchase rights of the Company with respect to
      Restricted Stock acquired by Participant upon exercise of the Option shall
      lapse upon the effective date of a Change of Control. Any Options that are
      not so exercised will terminate effective upon a Change of Control unless
      otherwise provided in the agreements applicable to such Change of Control.

11.   In consideration for the grant of the Option, the Participant agrees to
      (i) become a member of the Board, effective February 7, 2001, (ii) stand
      for reelection to the Board at the 2001 Annual Meeting of the Stockholders
      of the Company and to continue to serve as a member of the Board for the
      term expiring at the 2004 Annual Meeting of the Stockholders of the
      Company, and (iii) abide by the conflict of interest and other guidelines
      for Board members established by the Board.

The Participant hereby acknowledges receipt of a copy of the Plan as presently
in effect. All of the terms and conditions of the Plan are incorporated herein
by reference (including but not limited to capitalized terms not otherwise
defined herein), and the Option is subject to such terms and conditions in all
respects except as specifically set forth herein. This Grant Certificate and the
Plan constitute the entire agreement of the parties with respect to the subject
matter hereof, and supersede any prior written or oral agreements.

Accepted and Agreed:                      FreeMarkets, Inc.

/s/ Ray Lane                              By:  /s/ Glen Meakem
---------------------------                    ---------------------------
Ray Lane                                  Name: Glen Meakem
                                          Title: Chief Executive Officer

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