EMPLOYMENT AGREEMENT





     AGREEMENT effective March 1, 1984, by and between Polymer Research Corp. of

America, a New York Corporation ("Corporation") and Carl Horowitz ("Employee").





     WHEREAS, the Employee is one of the principal stockholders, President and a

director of the Corporation; and





     WHEREAS, Employee's services have been of great value to the Corporation

and it is recognized that Employee's continued employment is of substantial

importance to the Corporation;





     WHEREAS, the Corporation and Employee are parties to an Employment

Agreement dated October 1, 1976, as renewed by the Board of Directors on May 1,

1981;





     WHEREAS, the Board of Directors, at a Meeting on February 6, 1984, resolved

that it was in the best interests of the Corporation to terminate Employee's

prior agreement and enter into a new Employment Agreement;





     NOW, THEREFORE, in consideration of the mutual premises set forth herein,

it is agreed as follows:





     1. Employment. The Employment Agreement dated October 1, 1976 and renewed

May 1, 1981 is hereby terminated and superseded by this Agreement. Corporation

agrees to employ Employee and Employee agrees to be so employed in the capacity

of President and Chief Executive Officer for a term of five years effective as

of March l, 1984 and terminating February 28, 1989.



     2. Time and Efforts. Employee shall diligently and conscientiously devote

his full and exclusive time and attention, and his best efforts to the discharge

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