Exhibit 10.26

                     SECOND AMENDED AND RESTATED CONDITIONAL
                         PLEDGE AGREEMENT AND ASSIGNMENT


MARKER INTERNATIONAL ("Pledgor"), whose address is 1070 West South, Salt Lake
City, Utah 84126, as an inducement to BAYERISCHE HYPOTHEKEN- UND WECHSEL-BANK
AKTIENGESELLSCHAFT, a banking corporation organized under the laws of the
Federal Republic of Germany, or any of its branches ("Bank"), including any
successor bank or branches thereof, to continue to extend credit to Pledgor,
hereby as follows:

          WHEREAS, Pledgor entered a Pledge Agreement and Conditional Assignment
effective June 26, 1995, and an Amended and Restated Conditional Pledge
Agreement and Assignment dated as of December 18, 1996 (together, as amended
hereby, the "Agreement"), in order to grant to Bank a security interest in a
time deposit (the "Collateral") currently in the amount of U.S. $2,000,000, as
an inducement to the Bank to continue (the "Term Loan"): and

          WHEREAS, Pledgor has requested Bank, and Bank has agreed, to reduce
the Term Loan to DEM 6,397,919.38 as of April 15, 1998, in accordance with the
Third Restated and Amended Promissory Note as of the same date, and to continue
to hold as security for the reduced Term Loan the remaining Collateral in the
amount of $2,000,000.

          NOW, THEREFORE, Pledgor agrees, subject to the bank's consent, to
amend and restate the Agreement, as follows:

          1. Paragraph 1 shall read in its entirety as follows:

               "CONDITIONAL ASSIGNMENT AND SECURITY INTEREST. As security for
               the payment when and as due of the Term Loan in the amount of
               Six Million Three Hundred Ninety Seven Thousand Nine Hundred
               Nineteen Deutsche Marks and Thirty Eight Pfennigs (DEM
               6,397,919.38) referenced in the Bank's Third Restated and
               Amended Promissory Note dated as of April 15, 1998 and all
               interest and other sums due in connection therewith, and the
               performance of all present and future obligations of Pledgor
               for payment, reimbursement or other performance hereunder (the
               loan, sum due and obligation being referred to herein as the
               "Obligation"), Pledgor hereby conditionally assigns to Bank,
               and hereby grants Bank a security interest in the time deposit
               held in Pledgor's name Bayerische Hypotheken- und Wechsel-Bank
               Aktiengesellchaft, including any successor bank, acting
               through its New York Branch, in the current amount of Two
               Million United States Dollars (US$ 2,000,000.00) as well as
               such time deposits into which it may be rolled over, (all the
               foregoing property and any part thereof being hereinafter
               called ("Collateral"). The assignment made hereby, and the
               security interest granted hereby, shall be continuing until
               payment of the Obligation hereunder in full."

          2. All other terms of the Agreement, to the extent not inconsistent
herewith, are incorporated herein by reference, in their entirety.

This Amendment shall be governed by the laws of the State of New York, as
applied to contracts to be performed wholly in that State.

Dated:  as of April 15, 1998

                                    MARKER INTERNATIONAL, PLEDGOR


                                    By: /S/ BRAD STEWART


                                    Title: EXECUTIVE VICE PRESIDENT

Accepted and Agreed:

Bayerische Hypotheken -und Wechsel - Bank
Aktiengesellschaft, New York Branch

By:    /S/ Y. DANKNER

Title: SENIOR VICE PRESIDENT 

By:    /S/ UVE RODDER 

Title: VICE PRESIDENT