EXHIBIT 10.1


                         EXECUTIVE EMPLOYMENT AGREEMENT


         This Executive  Employment  Agreement  (this  "AGREEMENT")  is made and
entered into by and between Biopool International,  Inc., a Delaware corporation
(the "COMPANY") and Michael D. Bick, Ph.D. ("EXECUTIVE"),  as of this 7th day of
July, 1999, to be effective on the earlier to occur of (i) the date upon which a
Chief  Executive  Officer  satisfactory to the Board of Directors of the Company
commences  employment with the Company,  or (ii) the date of a Change of Control
(as  defined  in Section  2(f),  below)  (the  "EFFECTIVE  DATE").  Prior to the
Effective  Date,  the terms  and  conditions  of  Executive's  employment  shall
continue  on the same  basis  as that  which  existed  prior to the date of this
Agreement.


                  1.1 Upon the terms and subject to the  conditions set forth in
this Agreement,  the Company hereby engages and employs  Executive as an officer
of the  Company,  with the title  and  designation  of  Chairman  of the  Board.
Executive hereby accepts such engagement and employment.

                  1.2  Executive  shall report  directly to the Chief  Executive
Officer of the Company,  or in the absence of a Chief Executive Officer,  to the
Board of Directors (the "Board"),  and Executive's  duties and  responsibilities
shall be those  which are  normally  and  customarily  vested  in the  office of
Chairman of the Board of a corporation,  subject to the  supervision,  direction
and  control of the Chief  Executive  Officer  of the  Company.  In  particular,
Executive's duties shall include the following services and performance:

                           (a)      Chair all  Board meetings, and work together
with the CEO to develop an agenda for Board meetings;

                           (b)      Attend meetings, and  engage in  discussions
at the reasonable  request of the Chief Executive  Officer relating to strategic
initiatives  of the  Company,  including  but not  limited to,  capital  raising
transactions,  partnering,  reorganizations,  mergers or business  combinations,
strategic planning, research and product development, etc.

                           (c)      If  requested,  appear and  speak  at Annual
Meetings of Shareholders;

                           (d)      Assist in  the  transition  of management to
the new Chief Executive Officer;

                           (e)      Refrain   from   engaging  in   any  Company
business activity which the Chief Executive Officer reasonably requests; and

                           (f)      At  the  reasonable  request  of  the Board,
perform any special  project,  which is mutually  agreeable to the Board and the
Executive.

                  1.3  Executive  agrees to devote such  amount of his  business
time,  energies,  skills,  efforts  and  attention  to his duties  hereunder  as
Executive  reasonably  believes are required to fulfill such duties.  During the
term  hereof,  Executive  shall not,  without the prior  written  consent of the
Company,  which consent may be withheld for any reason or for no reason,  render
any services to any other  person or business  entity who or which is engaged in
any segment of the hemostasis  business which, in the reasonable judgment of the
Board,  competes with any part of the Company's  business.  Notwithstanding  the
foregoing,  Executive  shall not be  obligated  to devote more than 50 hours per
month to the  performance  of services  hereunder.  Executive  will use his best
efforts and abilities  faithfully  and  diligently to carry out his  obligations
hereunder and to act in accordance with the Company's business interests.


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                  1.4 Except for routine travel  incident to the business of the
Company, Executive shall perform his duties and obligations under this Agreement
principally  in Ventura,  California,  or such other  location in Ventura or Los
Angeles County, California, as the Board may from time to time determine.

         2.       TERM OF EMPLOYMENT AND TERMINATION.    Executive's  employment
pursuant to this Agreement  shall be for a three-year  period  commencing on the
Effective Date, and shall terminate on the earliest to occur of the following:

                  (a)      The  close  of  business  on  the date which is three
years from the Effective Date;

                  (b)      The death of Executive;

                  (c) Delivery to Executive of written  notice of termination by
the Company if  Executive  shall suffer a physical or mental  disability,  which
renders Executive,  in the reasonable  judgment of the Board,  unable to perform
his duties and  obligations  under this  Agreement  for 90 days in any  12-month
period;

                  (d) Delivery to Executive of written  notice of termination by
the  Company  "for  cause,"  by reason  of:  (i) any act or  omission  knowingly
undertaken  or omitted  by  Executive  with the intent of causing  damage to the
Company,  its  properties,  assets or  business or its  stockholders,  officers,
directors or employees;  (ii) any act of Executive involving a material personal
profit to Executive,  including, without limitation, any fraud, misappropriation
or embezzlement,  involving properties, assets or funds of the Company or any of
its  subsidiaries;  (iii) Executive's  consistent  failure to perform his normal
duties or any obligation under any provision of this Agreement,  in either case,
as  directed  by the  Board  following  written  notice of such  failure  and an
opportunity of not less than 30 days to cure such breach; or (iv) conviction of,
or pleading NOLO  CONTENDERE  to, (A) any crime or offense  involving  monies or
other property of the Company; (B) any felony offense; or (C) any crime of moral
turpitude;

                  (e) Delivery to Executive of written  notice of termination by
the Company  "without cause, " in which case the Company shall pay Executive the
balance of  compensation  owed under this  Agreement,  as specified in Section 3
below;

                  (f) Delivery to the Company of written  notice of  termination
by Executive  upon the  occurrence  of a "change of control;  " but only if such
change of  control  results in  Executive  having to  perform  services  for the
Company that are materially  different from the services  performed by Executive
prior to the change of control.  Promptly  following any change of control,  the
Company shall provide written notice of such fact to Executive.  Executive shall
have a period of 90 days following his receipt of such notice to elect to notify
the Company  that  Executive  is treating  such change of control as requiring a
material change in his duties, and therefore, a termination of this Agreement.

                           For  purposes of this Agreement, the following events
shall constitute a "change of control":

                           (i)      Any  person  or  entity (or group of related
persons or entities  acting in concert) shall acquire shares of capital stock of
the  Company  entitled  to  exercise  50% or  more  of the  total  voting  power
represented by all shares of capital stock of the Company then outstanding; or

                           (ii)     The Company shall sell or otherwise transfer
all or substantially all of its assets or merge,  consolidate or reorganize with
any other  corporation  or  entity,  as the result of which less than 50% of the
total voting power represented by the capital stock or other equity interests of
the corporation or entity to which the Company's  assets are sold or transferred
or surviving such merger,  consolidation or reorganization  shall be held by the
persons and entities who were holders of common stock of the Company immediately
prior to such transaction; or

                           (iii)    The Company shall issue or otherwise than on
a pro rata basis additional shares of capital stock  representing  (after giving
effect to such issuance) more than 50% of the total voting power of the Company;
or


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                           (iv)     The  persons  who  were the directors of the
Company as of the Effective Date shall cease to comprise a majority of the Board
of Directors of the Company.

         3.       COMPENSATION; EXECUTIVE BENEFIT PLANS.

                  3.1 The  Company  shall pay to  Executive  a base salary at an
annual rate of $140,400  during each contract year of this  Agreement.  The base
salary shall be payable in  installments  throughout the year in the same manner
and at the same times the Company pays base salaries to other executive officers
of the Company. In the event that Executive's  employment is terminated pursuant
to Section 2(e) or Section 2(f),  above,  the Company  shall  continue to pay to
Executive  all of the  compensation  provided  for in this  Section  3 until the
expiration of the term of this Agreement.

                  3.2  Executive  shall be  entitled to  reimbursement  from the
Company for the reasonable costs and expenses which he incurs in connection with
the performance of his duties and  obligations  under this Agreement in a manner
consistent with the Company's practices and policies as adopted or approved from
time to time by the Board for executive officers. Executive shall be entitled to
reimbursement  for  business-class  travel  expenses for any flight in excess of
1,000 miles.

                  3.3  The  Company  shall  provide  Executive  with  a  monthly
automobile  allowance of $420,  and shall pay an aggregate of $380 per month for
Executive's membership in one or more country, professional or social clubs.

                  3.4 The Company may deduct  from any  compensation  payable to
Executive the minimum  amounts  sufficient to cover  applicable  federal,  state
and/or local income tax  withholding,  old-age and  survivors'  and other social
security payments, state disability and other insurance premiums and payments.

         4.  OTHER  BENEFITS.  During  the  term  of his  employment  hereunder,
Executive shall be eligible to participate in all operative employee benefit and
welfare  plans of the Company then in effect from time to time and in respect of
which  all  executive   officers  of  the  Company  generally  are  entitled  to
participate ("COMPANY EXECUTIVE BENEFIT PLANS"),  including,  to the extent then
in effect,  401(k),  group life, medical,  disability and other insurance plans,
all on the same basis  applicable  to  employees  of the Company  whose level of
management and authority is comparable to that of Executive.

         5.       CONFIDENTIALITY OF PROPRIETARY INFORMATION AND MATERIAL.

                  5.1  INDUSTRIAL  PROPERTY  RIGHTS.  For  the  purpose  of this
Agreement, "INDUSTRIAL PROPERTY RIGHTS" shall mean all of the Company's patents,
trademarks, trade names, inventions, copyrights, know- how or trade secrets, now
in existence  or hereafter  developed or acquired by the Company or for its use,
relating  to any  and  all  products  which  are  developed,  formulated  and/or
manufactured by the Company.

                  5.2 TRADE SECRETS.  For the purpose of this Agreement,  "TRADE
SECRETS" shall mean any formula,  pattern, device, or compilation of information
which is used in the Company's  business  which gives the Company an opportunity
to obtain an advantage  over its  competitors  who do not know and/or do not use
it.  This term  includes,  but is not limited  to,  information  relating to the
marketing of the Company's products, including price lists, pricing information,
customer lists,  customer names, the particular needs of customers,  information
relating to their desirability as customers,  financial information,  intangible
property and other such information which is not in the public domain.

                  5.3  TECHNICAL  DATA.  For  the  purpose  of  this  Agreement,
"TECHNICAL  DATA" shall mean all information of the Company in written,  graphic
or  tangible  form  relating  to any  and  all  products  which  are  developed,
formulated and/or  manufactured by the Company, as such information exists as of
the date of this  Agreement  or is  developed  by the  Company  during  the term
hereof.




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                  5.4   PROPRIETARY   INFORMATION.   For  the  purpose  of  this
Agreement,  "PROPRIETARY INFORMATION" shall mean all of the Company's Industrial
Property Rights, Trade Secrets and Technical Data. Proprietary Information shall
not  include  any  information  which  (i) was  lawfully  in the  possession  of
Executive prior to Executive's employment with the Company, (ii) may be obtained
by a  reasonably  diligent  businessperson  from  readily  available  and public
sources  of  information,   (iii)  is  lawfully  disclosed  to  Executive  after
termination  of  Executive's  employment by a third party which does not have an
obligation  to the  Company to keep such  information  confidential,  or (iv) is
independently developed by Executive after termination of Executive's employment
without utilizing any of the Company's Proprietary Information.

                  5.5 AGREEMENT  NOT TO COPY OR USE.  Executive  agrees,  at any
time during the term of his employment and for a period of ten years thereafter,
not to copy,  use or disclose  (except as required by law after first  notifying
the Company and giving it an opportunity to object) any Proprietary  Information
without the Company's  prior written  permission.  The Company may withhold such
permission  as a matter  within  its  sole  discretion  during  the term of this
Agreement and thereafter.

         6. RETURN OF CORPORATE PROPERTY AND TRADE SECRETS. Upon any termination
of this  Agreement,  Executive  shall  turn over to the  Company  all  property,
writings or documents then in his possession or custody belonging to or relating
to the affairs of the  Company or  comprising  or  relating  to any  Proprietary
Information.

         7.       DISCOVERIES AND INVENTIONS.

                  7.1 DISCLOSURE. Executive will promptly disclose in writing to
the Company complete information concerning each and every invention, discovery,
improvement,  device, design, apparatus,  practice,  process, method, product or
work of  authorship,  whether  patentable or not,  made,  developed,  perfected,
devised,  conceived or first  reduced to practice by  Executive,  whether or not
during regular working hours (hereinafter referred to as "Developments"), either
solely or in collaboration  with others, (a) prior to the term of this Agreement
while  working for the  Company,  (b) during the term of this  Agreement  or (c)
within six months after the term of this Agreement,  if relating either directly
or indirectly to the business, products,  practices,  techniques or confidential
information of the Company.

                  7.2 ASSIGNMENT. Executive, to the extent that he has the legal
right  to do so,  hereby  acknowledges  that  any and all  Developments  are the
property of the  Company and hereby  assigns and agrees to assign to the Company
any and all of  Executive's  right,  title and interest in and to any and all of
such Developments;  PROVIDED, HOWEVER, that, in accordance with California Labor
Code Sections 2870 and 2872,  the provisions of this Section 7.2 shall not apply
to any Development that the Executive developed entirely on his own time without
using the Company's equipment,  supplies, facilities or trade secret information
except for those Developments that either:

                           (a)      Relate   at   the   time  of  conception  or
reduction to practice of the Development to the Company's business, or actual or
demonstrably anticipated research or development of the Company; or

                           (b)      Result  from any work performed by Executive
for the Company.

                  7.3 ASSISTANCE OF EXECUTIVE.  Upon request and without further
compensation  therefor,  but at no expense to Executive,  and whether during the
term of this  Agreement or thereafter,  Executive will do all reasonable  lawful
acts,  including,  but not limited to, the  execution of papers and lawful oaths
and the giving of testimony, that, in the reasonable opinion of the Company, its
successors and assigns, may be necessary or desirable in obtaining,  sustaining,
reissuing,  extending and enforcing  United States and foreign  Letters  Patent,
including,  but not limited to, design patents,  on any and all Developments and
for  perfecting,  affirming and recording the Company's  complete  ownership and
title thereto,  subject to the proviso in Section 7.2 hereof, and Executive will
otherwise reasonably cooperate in all proceedings and matters relating thereto.




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                  7.4  RECORDS.   Executive  will  keep  complete  and  accurate
accounts,  notes,  data and records of all  Developments  in the manner and form
requested by the Company.  Such accounts,  notes,  data and records shall be the
property of the Company, subject to the proviso in Section 7.2 hereof, and, upon
request by the Company,  Executive will promptly surrender the same to it or, if
not  previously  surrendered  upon its  request  or  otherwise,  Executive  will
surrender the same, and all copies  thereof,  to the Company upon the conclusion
of his employment.

                  7.5  OBLIGATIONS,   RESTRICTIONS  AND  LIMITATIONS.  Executive
understands  that the Company may enter into  agreements  or  arrangements  with
agencies of the United States  Government and that the Company may be subject to
laws and regulations which impose  obligations,  restrictions and limitations on
it with respect to  inventions  and patents which may be acquired by it or which
may be  conceived  or  developed  by  employees,  consultants  or  other  agents
rendering  services to it.  Executive  agrees that he shall be bound by all such
obligations,  restrictions  and  limitations  applicable  to any such  invention
conceived or developed by him during the term of this  Agreement  and shall take
any and all further action,  which may be required to discharge such obligations
and to comply with such restrictions and limitations.

         8.       NON-SOLICITATION COVENANT.

                  8.6  NONSOLICITATION AND  NONINTERFERENCE.  During the term of
this Agreement and for a period of two years thereafter, Executive shall not (a)
induce, attempt to induce any employee of the Company to leave the employ of the
Company or in any way interfere adversely with the relationship between any such
employee  and the  Company,  (b) induce or attempt to induce any employee of the
Company to work for, render services or provide advice to or supply confidential
business  information or trade secrets of the Company to any third person,  firm
or  corporation,  (c) hire any  employee  of the  Company  to work  for,  render
services or provide  advice to any third  person,  firm or  corporation,  or (d)
induce or attempt to induce any customer,  supplier, licensee, licensor or other
business  relation of the Company to cease doing business with the Company or in
any way interfere with the  relationship  between any such  customer,  supplier,
licensee, licensor or other business relation and the Company.

                  8.7 INDIRECT  SOLICITATION.  Executive agrees that, during the
term of this  Agreement  and the period  covered by Section 8.1 hereof,  he will
not,  directly or  indirectly,  assist or encourage any other person in carrying
out,  directly or  indirectly,  any  activity  that would be  prohibited  by the
provisions of Section 8.1 if such activity were carried out by Executive, either
directly or indirectly;  and, in particular,  Executive agrees that he will not,
directly  or  indirectly,  induce  any  employee  of the  Company  to carry out,
directly or indirectly, any such activity.

         9. INJUNCTIVE  RELIEF.  Executive hereby  recognizes,  acknowledges and
agrees  that in the event of any breach by  Executive  of any of his  covenants,
agreements,  duties or  obligations  contained in Sections 5, 6, 7 and 8 of this
Agreement,  the Company  would suffer  great and  irreparable  harm,  injury and
damage,  the Company would encounter  extreme  difficulty in attempting to prove
the actual amount of damages suffered by the Company as a result of such breach,
and the Company would not be reasonably or adequately  compensated in damages in
any action at law. Executive therefore covenants and agrees that, in addition to
any  other  remedy  the  Company  may have at law,  in  equity,  by  statute  or
otherwise,  in the event of any  breach by  Executive  of any of his  covenants,
agreements,  duties or  obligations  contained in Sections 5, 6, 7 and 8 of this
Agreement,  the  Company  shall  be  entitled  to seek  and  receive  temporary,
preliminary and permanent  injunctive and other equitable  relief from any court
of competent jurisdiction to enforce any of the rights of the Company, or any of
the covenants,  agreements, duties or obligations of Executive hereunder, and/or
otherwise to prevent the violation of any of the terms or provisions hereof, all
without the  necessity of proving the amount of any actual damage to the Company
or any affiliate thereof resulting therefrom;  PROVIDED,  HOWEVER,  that nothing
contained  in  this  Section  9 shall  be  deemed  or  construed  in any  manner
whatsoever as a waiver by the Company of any of the rights which the Company may
have against  Executive at law, in equity,  by statute or otherwise  arising out
of, in connection  with or resulting  from the breach by Executive of any of his
covenants, agreements, duties or obligations hereunder.




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         10.      MISCELLANEOUS.

                  10.8 NOTICES.  All notices,  requests and other communications
(collectively,  "Notices") given pursuant to this Agreement shall be in writing,
and shall be  delivered  by personal  service or by United  States  first class,
registered  or  certified  mail (return  receipt  requested),  postage  prepaid,
addressed to the party at the address set forth below:

                           If to Company:

                                    Biopool International
                                    6025 Nicolle Street
                                    Ventura, California  93003
                                    Attn: Board of Directors

                           If to Executive:

                                    Michael D. Bick, Ph.D.
                                    1341 Beachmont
                                    Ventura, California  93001

Any Notice shall be deemed duly given when  received by the  addressee  thereof,
provided that any Notice sent by registered or certified mail shall be deemed to
have been duly given three days from date of deposit in the United States mails,
unless  sooner  received.  Either party may from time to time change its address
for further Notices  hereunder by giving notice to the other party in the manner
prescribed in this section.

                  10.9 ENTIRE  AGREEMENT.  This Agreement  contains the sole and
entire  agreement  and  understanding  of the parties with respect to the entire
subject  matter  of  this  Agreement,   and  any  and  all  prior   discussions,
negotiations, commitments and understandings, whether oral or otherwise, related
to  the  subject  matter  of  this  Agreement  are  hereby  merged  herein.   No
representations,  oral or  otherwise,  express  or  implied,  other  than  those
contained  in  this  Agreement  have  been  relied  upon  by any  party  to this
Agreement.

                  10.10 ATTORNEYS' FEES. If any action, suit or other proceeding
is  instituted  to  remedy,  prevent  or obtain  relief  from a  default  in the
performance by any party of its obligations under this Agreement, the prevailing
party shall recover all of such party's  costs and  reasonable  attorneys'  fees
incurred in each and every such action, suit or other proceeding,  including any
and all appeals or petitions therefrom.

                  10.11 GOVERNING LAW.    THIS  AGREEMENT  SHALL  BE GOVERNED BY
AND CONSTRUED IN ACCORDANCE  WITH THE LAWS OF THE STATE OF  CALIFORNIA,  WITHOUT
REGARD TO CONFLICTS OF LAW PRINCIPLES THEREOF.

                  10.12 CAPTIONS. The various captions of this Agreement are for
reference only and shall not be considered or referred to in resolving questions
of interpretation of this Agreement.

                  10.13  COUNTERPARTS.  This  Agreement  may be  executed in any
number of counterparts, each of which shall be deemed to be an original, but all
of which together shall constitute one and the same instrument.

                  10.14 BUSINESS DAY. If the last day  permissible  for delivery
of any Notice under any provision of this  Agreement,  or for the performance of
any obligation  under this  Agreement,  shall be other than a business day, such
last day for such Notice or performance  shall be extended to the next following
business day (PROVIDED,  HOWEVER, under no circumstances shall this provision be
construed to extend the date of termination of this Agreement).




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         IN WITNESS WHEREOF,  the parties have executed this Agreement as of the
date first set forth above.


COMPANY:                                              EXECUTIVE:

BIOPOOL INTERNATIONAL, INC.


By:    /S/ N. PRICE PASCHALL                          /S/ MICHAEL D. BICK, PH.D.
       -------------------------------------          --------------------------
       N. Price Paschall,                             Michael D. Bick, Ph.D.
       Director


By:    /S/ DOUGLAS AYER
       -------------------------------------
       Douglas Ayer,
       Director


By:    /S/ JAMES H. CHAMBERLAIN
       -------------------------------------
       James H. Chamberlain,
       Director




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