<PAGE>
EXHIBIT 10.40
PROMISSORY NOTE
$150,000.00 MANDEVILLE, LOUISIANA
June 23, 2000
For value received, RX Technology, Inc. promises to pay Trinty American
Corporation ("Holder"), the sum of ONE HUNDRED FIFTY THOUSAND AND NO/100
($150,000.00) DOLLARS payable over six months as follows: principal shall be
payable monthly in installments of EIGHTEEN THOUSAND SEVEN HUNDRED FIFTY AND
NO/100 ($18,750.00) DOLLARS on the fifteenth (15(th)) day of each month
beginning on August 15, 2000 until November 15, 2000 and the principal balance
of SEVENTY FIVE THOUSAND AND NO/100 ($75,000.00) DOLLARS shall be payable on the
fifteenth (15(th)) day of December, 2000; interest shall be payable monthly in
the amount of ONE THOUSAND THREE HUNDRED SEVENTY-FIVE AND NO/100 ($1,375.00)
DOLLARS on the fifteenth (15(th)) day of each month beginning on July 15, 2000
and continuing until October 15, 2000 and ONE THOUSAND ONE HUNDRED TWENTY-FIVE
AND NO/100 ($1,125.00) DOLLARS on the fifteenth (15(th)) day of both November
and December, 2000.
All obligations contained herein shall be governed by Louisiana law and the
applicable laws of the United States of America and any litigation relating to
the obligations contained herein shall be conducted exclusively before the
courts of the State of Louisiana, the parties hereto consenting to the
jurisdiction of said courts.
RX TECHNOLOGY, INC.
And RX Technology Holdings, Inc.
By: /s/ Donald Rex Gay
----------------------------------------------------------------------
Its: President
