EMPLOYMENT AGREEMENT
                              --------------------

         This Employment  Agreement (the "Agreement") is made as of this 8th day
of October,  1998,  by and between  Peter  Weaver (the  "Executive")  and Marker
International, a Delaware corporation (the "Corporation").

                                   WITNESSETH:
                                   -----------

         WHEREAS,  the  Corporation  desires  to employ the  Executive,  and the
Executive  desires to accept such employment,  under the terms and conditions of
this Agreement.

         NOW, THEREFORE, for and in consideration of the premises and the mutual
covenants and agreements herein contained, and for other valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties hereby
agree as follows:.

     1.  Employment.  The  Corporation  hereby  employs the  Executive,  and the
Executive  hereby accepts  employment as the  Corporation's  President and Chief
Executive Officer, under the terms and conditions set forth herein.

     2.  Term. Subject to paragraph 8, the Executive shall be employed hereunder
for a period of five (5)  years  commencing  on  October  8, 1998 and  ending on
October 7, 2003 (the "Term").

     3.  Duties.   During  the  Term,   the   Executive   shall  report  to  the
Corporation's  Board of  Directors  (the  "Board")  and perform  such duties and
responsibilities   commensurate  'with  his  position  of  President  and  Chief
Executive Officer as the Board may determine.  Executive shall devote his entire
working time to the business of the Corporation and its affiliates and shall use
his best efforts,  skills and abilities in his diligent and faithful performance
of his duties and responsibilities  hereunder.  During the Term, Executive shall
not engage in any other  business  activities  or hold any  office or  position,
regardless  of whether  any such  activity,  office or  position  is pursued for
profit or other  pecuniary  advantage,  without the prior  consent of the Board;
however, Executive may own, solely as an investment, one percent (1%) or less of
the securities of any publicly traded corporation.

     4.  Principal Place of Performance. During the Term, the Executive shall be
based  at the  principal  executive  offices  of the  Corporation  or any of its
subsidiaries,  as may be determined  from time to time by the Board,  including,
without  limitation,   the  Corporation's  production  facility  in  Eschenlohe,
Germany; provided further the Executive acknowledges that he will be required to
travel in connection with the business of the Corporation and its affiliates.

     5.  Compensation  and  Related  Matters.   As  full  compensation  for  the
Executive's performance of his duties and responsibilities  hereunder during the
Term, the Corporation  shall pay the Executive the  compensation and provide the
benefits set forth below:



<PAGE>

         a.  Base  Salary.  The  Corporation  shall pay the  Executive an annual
salary  ("Base  Salary") of Three  Hundred  Thousand  Dollars  ($300,000),  less
required  deductions,  payable in  -accordance  with the  Corporation's  payroll
practices. The Board shall review the Executive's Base Salary on an annual basis
and may, at its sole discretion, increase same.

         b.  Signing Bonus.  The Corporation  shall pay the Executive a one-time
signing bonus of Fifty Thousand  Dollars  ($50,000),  less required  deductions,
payable upon the execution of this  Agreement on behalf of the Executive and the
Corporation.

         C.  Bonus.  The  Executive  shall be  eligible  to  receive  an  annual
performancebased bonus as the Board may, in its sole discretion, award.

         d.  Options.  On or prior to December 31 , 1998, the Corporation  shall
grant the  Executive  options to purchase  900,000  shares of the  Corporation's
Common  Stock,  par value  $.01 per share,  at an  exercise  price  equal to the
closing price of such common stock on the date of the grant.  Such options shall
be issued  pursuant  to, and  subject to the terms of, the  Corporation's  Stock
Option Plan. The shares shall vest in the following  manner:  (i) 600,000 shares
on the date of grant  (the  "Issue  Date");  (ii)  200,000  shares  on the first
anniversary  of  the  Issue  Date;  and  (iii)  100,000  shares  on  the  second
anniversary  of the Issue Date.  Anything  herein or  elsewhere  to the contrary
notwithstanding,  all 900,000  shares shall vest  immediately  upon a "Change in
Control".  A "Change in Control" as used herein shall be deemed to have occurred
if:

         (i)      a third  person,  including  a ",group"  as defined in Section
                  13(d)(3) of the  Securities  Exchange Act of 1934,  as amended
                  (the "Exchange  Act"), but excluding any employee benefit plan
                  or  plans  of  the  Corporation  and  its   subsidiaries   and
                  affiliates and any current  shareholders  of the  Corporation,
                  becomes  the  beneficial  owner,  directly or  indirectly,  of
                  fifty-one  percent (51%) or more of the combined  voting power
                  of the Corporation's  outstanding voting securities ordinarily
                  having the right to vote for the  election of directors of the
                  Corporation; or

         (ii)     the  individuals  who, as of the date hereof,  constitute  the
                  Board (and as of the date hereof the "Incumbent  Board") cease
                  for any reason to  constitute at least  one-half  (1/2) of the
                  Board,  or in the case of a  merger  or  consolidation  of the
                  Corporation, do not constitute or cease to constitute at least
                  one-half  (1/2) of the  board of  directors  of the  surviving
                  company  (or in a case  where  the  surviving  corporation  is
                  controlled,  directly or indirectly, by another corporation or
                  entity,  do not  constitute  or cease to  constitute  at least
                  one-half (1/2) of the board of such controlling corporation or
                  do not have or cease  to have at least  one-half  (1/2) of the
                  voting seats on any body comparable to a board of directors of
                  such controlling entity);  provided that any person becoming a
                  director  (or,  in the  case  of a  controlling  non-corporate
                  entity,  obtaining  a position  comparable  to a  director  or
                  obtaining a voting interest in such entity)  subsequent to the
                  date hereof whose  election,  or nomination for election,  was
                  approved by a vote of the persons comprising at least one-half


                                      -2-

<PAGE>

                  (1/2)  of the  Incumbent  Board  (other  than an  election  or
                  nomination of an individual whose initial assumption of office
                  is  in  connection  with  an  actual  or  threatened  election
                  contest,  as such terms are used in Rule 14a-11 of  Regulation
                  14A promulgated under the Exchange Act) shall be, for purposes
                  of this  Agreement,  considered  as though  such person were a
                  member of the Incumbent Board; or

         (iii)    there is a liquidation or dissolution of the  Corporation or a
                  sale  of  all  or  substantially  all  of  the  assets  of the
                  Corporation; or

         (iv)     if the  Corporation  enters  into an  agreement  or  series of
                  agreements or the Board passes a resolution  which will result
                  in  the  occurrence  of  any  of  the  matters   described  in
                  subsections (i), (ii) or (iii), and the Executive's employment
                  is terminated (other than by the Executive)  subsequent to the
                  date of execution of such agreement or series of agreements or
                  the passage I of such resolution,  but prior to the occurrence
                  of any of the matters  described in  subsections  (i), (ii) or
                  (iii)  then,  upon  the  occurrence  of  any  of  the  matters
                  described  in  subsections  (a),  (a) or  (air),  a Change  of
                  Control shall be deemed to have retroactively  occurred on the
                  date of the execution of the earliest of such  agreement(s) or
                  the passage of such resolution.

         e.  Benefits.  The Executive  shall be eligible to receive  medical and
life  insurance  and  such  other  benefits  and  perquisites  under  terms  and
conditions no less  favorable than those under which the  Corporation  generally
makes such benefits and perquisites available to its senior executives.

         f.  Vacation.  The  Executive  shall be entitled to four (4) weeks paid
vacation  which will be accrued  monthly on a pro-rata  basis  during  each full
calendar year and  acknowledges  that such vacation must be used in the calendar
year in which it is accrued  and may not be  accumulated  or  carried  over into
subsequent years. The Executive may schedule the vacation as he elects,  subject
to the Corporation's business needs.

     6.  Expenses.   The  Executive  shall  be  reimbursed  for  reasonable  and
necessary  outof-pocket expenses,  including for travel and entertainment,  upon
presentation  of  appropriate  receipts  in  accordance  with the  policies  and
procedures established by the Corporation.

     7.  Offices.  During  the  Term,  the  Executive  agrees  to serve  without
additional  compensation,  if elected or appointed thereto, as a director of the
Corporation  or  any of  its  subsidiaries  or  affiliates,  and in one or  more
executive positions for any of the Corporation's subsidiaries or affiliates.

     8.  Termination.  Anything  herein  to the  contrary  notwithstanding,  the
Executive's employment shall terminate immediately upon:

         a.    his death; or


                                      -3-

<PAGE>

         b.  his  "disability".   For  purposes  of  this  Agreement,  the  term
"disability" shall mean that the Executive has been unable to perform the duties
and  responsibilities  required of him hereunder due to a physical and/or mental
disability  for a period of ninety (90)  consecutive  days or one hundred twenty
(120) non-consecutive days during any twelve (12) month period. During the first
sixty (60) days of any such period of disability,  the Executive  shall continue
to receive  his Base  Salary  provided  that he assigns to the  Corporation  any
insurance  benefits  that he receives  or is eligible to receive,  such as short
term disability and workers compensation, during such period; or

         C.  the existence of "cause." For purposes of this Agreement,  the term
"cause"  shall mean that the  Corporation,  in the  reasonable  judgment  of the
Board, has determined that:

         (i)       Executive   has   failed  to  perform   his   duties   and/or
                   responsibilities  under  this  Agreement  in  a  satisfactory
                   manner and such failure shall be  continuing  for the fifteen
                   (15) day period  following  his  receipt of a written  notice
                   from the Board notifying him of the Board's determination; or

         (ii)      Executive has engaged in  dishonesty or unethical  conduct in
                   his  dealings  with  or on  behalf  of the  Corporation,  has
                   committed  fraud,  or has committed or been  convicted of (or
                   entered  a plea of guilty  or nolo  contendere  to) any crime
                   involving dishonesty or moral turpitude; or

         (iii)     Executive has  materially  breached any of the  provisions of
                   this Agreement; or

         (iv)      Executive  has  engaged  in any  act  or  omission  which  is
                   materially  injurious to the financial  condition or business
                   reputation of the Company.

         d.  If  the   Executive's   employment   is   terminated,   he  or  his
beneficiaries  or estate,  as appropriate,  shall,  in full  satisfaction of the
Corporation's  obligations under this Agreement,  be entitled to receive (i) the
Base  Salary  provided  for herein up to and  including  the  effective  date of
termination,  prorated on a daily basis,  (ii)  payment for any accrued,  unused
vacation, (iii) medical benefit continuation at Executive and/or his dependent's
expense as provided by law and (iv) benefits,  if any, payable upon his death or
disability (as defined herein), respectively.

     9.  Confidential    and    Proprietary    Information:     Non-Competition:
Non-Solicitation.

         a.  Confidentiality.  Except in the  performance of Executive's  duties
hereunder,  at no time during the Term or any time thereafter,  shall Executive,
individually or jointly with others, for his benefit or the benefit of any third
party, publish,  disclose, use or authorize anyone else to publish,  disclose or
use, any secret or  confidential  and  proprietary  information  relating to any
aspect of the business or operations of the  Corporation or its  subsidiaries or
affiliates  including,  without  limitation,  any  trade  secret,  marketing  or


                                      -4-

<PAGE>

business  plans,  suppliers,  trade or industrial  practices or  subsidiaries or
technology of the Corporation or its affiliates,  whether or not the Corporation
and/or its  subsidiaries  or affiliates have a patent (or applied for- a patent)
regarding same. The Executive acknowledges and agrees that such information is a
valuable asset of the Corporation  and/or its  subsidiaries or affiliates and is
the  sole  exclusive  proprietary  of  each  of  them,  respectively.  Upon  the
termination  of  Executive's  employment,   regardless  of  the  reason  for  or
circumstances  giving  rise  to such  termination  or at any  other  time at the
request of the Corporation,  he shall immediately  return to the Corporation all
of  the  property  of  the  Corporation  or  its   subsidiaries  or  affiliates,
including-, all such confidential and proprietary information, in his possession
or  control.   Notwithstanding  the  foregoing,   confidential  and  proprietary
information  shall not  include  information  which (i) is or becomes  generally
available to the public or trade other than as a result of a  disclosure  by the
Executive  or  any  other  person  who  directly  or  indirectly  receives  such
information  from the  Executive or at his  direction,  or (ii) the Executive is
required to disclose in  accordance  with his duties  hereunder or by law in the
course  of any  legal  or  administrative  proceeding;  provided,  however,  the
Executive  shall  provide  the  Corporation  with  written  notice  of any  such
disclosure  request  and a copy of any  related  documents,  such as a subpoena,
within forty eight (48) hours of the  Executive's  receipt of same and before he
discloses same.

         b.  Non-Competition.  During the Term and for two (2) years thereafter,
the Executive agrees that he shall not, directly or indirectly,  with or without
remuneration,  either as an employee,  employer,  consultant,  agent, principal,
partner, shareholder, corporate officer, director, manager, investor, advisor or
in any other individual or representative capacity, engage or participate in any
business or business activity that competes with the business of the Corporation
or its subsidiaries or affiliates.

         c.  Non-Solicitation. During the Term and for two (2) years thereafter,
the Executive agrees that he shall not, directly or indirectly,  engage, employ,
or solicit  for  employment  for himself or for any firm,  person,  corporation,
partnership or otherwise,  any person who is then an employee of the Corporation
or its affiliates or was an employee of the  Corporation or its  subsidiaries or
affiliates during the Term.

         d.  Injunctive  Relief  The  Executive  acknowledges  that a breach  or
threatened breach of any of the terms set forth in this paragraph 9 shall result
in  an  irreparable  and  continuing,   harm  to  the  Corporation   and/or  its
subsidiaries  or affiliates for which there shall be no adequate  remedy of law.
The Corporation  and/or its subsidiaries or affiliates shall,  without posting a
bond, be entitled to obtain  injunctive and other equitable  relief, in addition
to any other remedies available to the Corporation and/or its affiliates.

         e.  Survival of Terms:  Representations.  The  Executive's  obligations
under  this   paragraph  9  hereof   shall  remain  in  full  force  and  effect
notwithstanding  the  termination  of  Executive's  employment.   The  Executive
acknowledges that he is sophisticated in business, and that the restrictions and
remedies  set forth in this  paragraph 9 do not create an undue  hardship on the
Executive and will not prevent  Executive  from earning a livelihood.  Executive
and  Corporation  agree that the  restrictions  and  remedies  contained in this
paragraphs 9 are  reasonable and necessary to protect  Corporation's  legitimate


                                      -5-

<PAGE>

business interests  regardless of the reason for or circumstances giving rise to
such   termination  and  that  Executive  and   Corporation   intend  that  such
restrictions and remedies shall be enforceable to the fullest extent permissible
by law.  Executive  agrees  that  given the  sophistication  of the  information
highway, any geographic  limitation on such remedies and restrictions would deny
Corporation  the  protection to which it is entitled  hereunder.  If it shall be
found by a court of competent  jurisdiction  that any such restriction or remedy
is  unenforceable  but would be enforceable if some part thereof were deleted or
modified,  then such restriction or remedy shall apply with such modification as
shall be  necessary to make it  enforceable  to the fullest  extent  permissible
under law.

     10. Successors.  This Agreement and Executive's  performance  hereunder are
personal to the Executive and shall not be  assignable  by the  Executive.  This
Agreement  shall inure to the benefit of and be binding upon the Corporation and
its successors and assigns.  The Corporation  shall require any successor to all
or substantially  all of the business and/or assets of the Corporation,  whether
directly or  indirectly,  by purchase,  merger,  consolidation,  acquisition  of
stock, or otherwise,  expressly to assume and agree to perform this Agreement in
the same manner and to the same extent as the  Corporation  would be required to
perform if such succession had not taken place.

     11. Miscellaneous.

         a.  Modification  and Waiver.  Any term or condition of this  Agreement
may be waived at any time by the party  hereto  that is  entitled to the benefit
thereof-, provided, however, that any such waiver shall be in writing and signed
by the waiving party,  and no such waiver of any breach or default  hereunder is
to be implied from the omission of the other party to take any action on account
thereof A waiver on one occasion  shall not be deemed to be a waiver of the same
or of any other breach on a future  occasion.  This Agreement may be modified or
amended only by a writing signed by all of the parties hereto.

         b.  Governing Law. The validity and effect of this  Agreement  shall be
governed by and construed and enforced in accordance  with the laws of the State
of  Utah.  In any  action  or  proceeding  arising  out of or  relating  to this
Agreement (an "Action"),  each of the parties hereby irrevocably  submits to the
non-exclusive jurisdiction of any federal or state court sitting in the State of
Utah,  Salt Lake  Country,  and further  agrees that any Action may be heard and
determined  in such  federal  court or in such state  court.  Each party  hereby
irrevocably  waives, to the fullest extent it may effectively do so, the defense
of an inconvenient  forum to the maintenance of any Action in the State of Utah,
Salt  Lake  Country.  It is  understood  and  agreed  that  this  provision  for
jurisdiction and venue is part of the value consideration given by the Executive
and relied upon by the Corporation in connection with the Executive's employment
as contemplated hereby.

         C.  Tax Withholding. The payments and benefits under this Agreement may
be  compensation  and as such may be  included  in either  the  Executive's  W-2
earnings  statements or 1099  statements.  The Corporation may withhold from any
amounts payable under this Agreement such federal, state or local taxes as shall
be required to be withheld pursuant to any applicable law or regulation.


                                      -6-

<PAGE>

         d.  Paragraph Captions.  Paragraph and other captions contained in this
Agreement  are  for  reference  purposes  only  and  are in no way  intended  to
describe,  interpret,  define  or limit  the  scope,  extent  or  intent of this
Agreement or any provision hereof.

         e.  Severability.  Every  provision of this Agreement is intended to be
severable.  If any term or provision hereof is illegal or invalid for any reason
whatsoever,  such illegality or invalidity  shall not affect the validity of the
remainder of this Agreement.

         f.  Integrated   Agreement.   This  Agreement  constitutes  the  entire
understanding  and  agreement  between  the parties  hereto with  respect to the
subject matter hereof, and supersedes any other employment  agreements  executed
before the date hereof. There are no agreements,  understandings,  restrictions,
representations  or  warranties  between the parties  other than those set forth
herein or herein provided for.

         g.  Interpretation:  Counterparts. No provision of this Agreement is to
be interpreted for or against any party because that party or that party's legal
representative drafted such provision. For purposes of this Agreement: "herein,"
hereby," "hereinafter,"  "herewith," "hereafter" and "hereinafter" refer to this
Agreement in. its entirety,  and not to any particular  subsection or paragraph.
This  Agreement  may be  executed in any number of  counterparts,  each of which
shall be deemed an original,  and all of which shall constitute one and the same
instrument.

         h.  Notices. All notices and other communications hereunder shall be in
writing  and  shall be  deemed to have  been  duly  given if  delivered  by hand
delivery,  or by facsimile (with confirmation of transmission),  or by overnight
courier,  or by registered or certified mail, return receipt requested,  postage
prepaid, in each case addressed as follows:

         If to the Executive:
         --------------------

         Peter Weaver
         P.O. Box 981418
         Park City, Utah 84098

         If to the Corporation:
         ----------------------

         Marker International
         1070 West 2300 South
         Salt Lake City, Utah 84119

         Attention: John McMillian
                    Chairman of the Board of Directors


                                      -7-

<PAGE>

         Copy To:
         --------
         Stroock & Stroock & Lavan LLP
         180  Maiden Lane
         New York, New York 10038
         Attention: Mark Rosenbaum, Esq.


or to such other  address as either  party shall have  furnished to the other in
writing in accordance  herewith.  Notices and communications  shall be effective
when actually received by addressee.

         i.  No  Limitations.  The Executive  represents  his  employment by the
Corporation  hereunder  does not conflict  with, or breach any  confidentiality,
non-competition  or other agreement to which he is a party or to which he may be
subject.

         I.  WAIVER OF JURY  TRIAL:  COST OF  ENFORCEMENT.  THE  PARTIES  HEREBY
KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVE THE RIGHT ANY OF THEM MAY HAVE TO
A TRIAL BY JURY IN RESPECT OF ANY  LITIGATION  BASED  HEREON OR ARISING  OUT OF,
UNDER OR IN CONNECTION  WITH THIS AGREEMENT AND ANY DOCUMENT  CONTEMPLATED TO BE
EXECUTED IN CONJUNCTION HEREWITH,  OR ANY COURSE OF CONDUCT,  COURSE OF DEALING,
STATEMENTS  (WHETHER VERBAL OR WRITTEN) OR ACTIONS OF ANY PARTY. IN THE EVENT IT
IS NECESSARY  FOR EITHER PARTY TO COMMENCE AN ACTION IN ANY WAY  CONNECTED  WITH
THIS AGREEMENT,  THE PREVAILING  PARTY SHALL BE ENTITLED TO RECOVER FROM THE NON
PREVAILING PARTY, ALL COSTS OF SUCH ACTION,  INCLUDING REASONABLE ATTORNEYS FEES
AND INCLUDING  TRIAL AND  APPELLATE  PROCEEDINGS.  THIS  PROVISION IS A MATERIAL
INDUCEMENT FOR THE PARTIES' ACCEPTANCE OF THIS AGREEMENT.

IN WITNESS WHEREOF, each of the parties hereto has executed this Agreement as of
the date first above written.

MARKER INTERNATIONAL

                                          /s/ Peter Weaver
   -------------------------------------  -------------------------------------
By:   John McMillian                      Peter Weaver
      Chairman of the Board of Directors


                                      -8-