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                                                                   EXHIBIT 10(f)

                THE TRANZONIC COMPANIES SUPPLEMENTAL RETIREMENT
                     AND NONQUALIFIED DEFERRED COMPENSATION
                             PLAN EXECUTIVE SUMMARY

OBJECTIVES              To provide supplemental retirement income to eligible
                        executives and to permit eligible executive employees to
                        defer compensation on a pre-tax basis.
                        
PARTICIPANTS            Participation is available to individuals designated by
                        the Board of Directors, the Chief Executive Officer and
                        the President of the Corporation. Participants must be
                        either members of the Corporation's management team 
                        or otherwise highly compensated employees of the
                        Corporation.

CONTRIBUTIONS           The participant may elect to defer payment of a
                        specified portion of the salary or bonus payable at some
                        time in the future by the Corporation to him or her
                        until his or her termination of employment or other
                        specified events. The amount of a participant's annual
                        salary reduction contribution is unlimited.

DISTRIBUTION/           Distributions will be made to participants upon
  VESTING               termination of employment or the financial hardship of
                        the participant. Participants are fully vested in their
                        benefits under the Plan at all times; that is, the
                        participant will receive the entirety of his or her
                        account balance under the Plan at his or her termination
                        of employment for any reason, even voluntary termination
                        of employment.

TAXATION OF BENEFITS/   It is the intent of the Corporation that benefits under
  DEDUCTIONS            the Plan will be taxed to the participant as he or she
                        receives them after termination of employment. The
                        Corporation will generally receive a deduction for its
                        contributions at that time.

FUNDING AND STATUS      There shall be no formal funding for the Corporation's
  OF PARTICIPANT        contractual obligation under the Plan. This is necessary
  AS CREDITOR           in order to defer the taxable event to the participant.
                        Any participant to whom an amount is credited under the
                        Plan shall constitute a general, unsecured credit of the
                        Corporation.

REGULATORY/COST         ERISA and the Internal Revenue Code's rather onerous
  BURDENS               tax-qualified plan rules generally do not apply to 
                        the Plan. The Plan likely will be an extremely low-
                        internal-and-external-cost benefit device.
                
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                            THE TRANZONIC COMPANIES
                    SUPPLEMENTAL RETIREMENT AND NONQUALIFIED
                           DEFERRED COMPENSATION PLAN

        This unfunded elective deferred compensation plan (the "Plan"), 
effective as of October 1, 1996, is hereby adopted and established as The
Tranzonic Companies Supplemental Retirement and Nonqualified Deferred
Compensation Plan and will be maintained by The Tranzonic Companies (the
"Company") for the purpose of providing benefits for certain individuals as
provided herein.

                                   ARTICLE I
                         ELIGIBILITY AND PARTICIPATION

        Section 1.1  All management or highly compensated employees who have 
been identified as influential within the Company and have been selected to
participate in the Plan by the Board of Directors of the Company, the Chief
Executive Officer or the President of the Company are eligible to become and
remain participants in the Plan.

        Section 1.2  The individuals described in Section 1.1 shall be eligible
to participate in the Plan and may do so by filing a written election with the
Company in the form attached or other form approved by the Company. A
participant may defer up to fifteen percent (15%) of his or her normal annual
W-2 wages or any lesser portion of his or her compensation otherwise payable to
him or her by the Company after the date of said election as he or she may
specify in said written election to the Company, and the amounts so deferred
shall be paid only as provided in the Plan. In the first year in which a
participant becomes eligible to participate in the Plan, the newly eligible
participant may make an election to defer compensation (for services to be
performed subsequent to the election) within 30 days after the date the person
becomes eligible. Subsequently, except as otherwise provided herein, changes in
elections to defer payment of compensation must be made on or before the
December 1st prior to the beginning of the calendar year for which compensation
is payable.

        Section 1.3  For each individual electing to participate in the Plan,
the Company shall establish and maintain a deferred compensation account. The
amount of each participant's deferred compensation shall be credited to this
account as of the date such compensation otherwise would be payable. There
shall be no formal funding for payments under the Plan. Any participant to whom
an amount is credited under the Plan shall be deemed a general, unsecured
creditor of the Company.

        Section 1.4  Any participant may change the amount of, or suspend,
future deferrals as he or she may specify by written notice to the Company. The
prior election to defer shall be irrevocable as to compensation already
deferred previous to any such suspension or new election. If a participant
elects to suspend deferrals, such suspension shall be made on at least twenty
(20) days prior written notice to be effective the next following January 1,
April 1, July 1 or October 1. If a participant elects to suspend deferrals, the
participant may subsequently make a new election to again become a participant
in the Plan. As noted in Section 1.2, any such new election to defer payment of
compensation must be made by December 1 before the beginning of the period of
service for which the compensation is payable, which period shall be the
calendar year.

         
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                                   ARTICLE II
                             DEFERRED COMPENSATION

        All amounts credited under the terms of the Plan to a deferred
compensation account maintained in the name of a participant by the Company
shall be credited with interest at a rate equal to eight percent (8%) per
annum, compounded semi-annually, until the entire amount credited to the
account has been distributed to the participant or to the participant's
beneficiary in accordance with a written designation which has been delivered
to the Company.

                                  ARTICLE III
                                  DISTRIBUTION

        Section 3.1  On the first day of the month next following the date on
which a participant's employment with the Company and all other related
employers (as determined under Section 414 of the Internal Revenue Code)
terminates for any reason including death, distribution of the amount credited
to the participant's account in accordance with this Plan shall commence to or
with respect to the participant in accordance with either of the alternatives
set forth below as selected by the participant. For purposes of this Agreement,
a participant's employment with the Company shall be deemed terminated in the
event of a Change of Control (as defined below) when, in addition to a Change
of Control, a participant's right to benefits under this Agreement has not
been informally funded through a so-called "Rabbi Trust Agreement"
substantially similar to that described in Revenue Procedure 92-64. A Change of
Control shall mean the purchase or other acquisition by any person, entity or
group of persons, within the meaning of section 13(d) or 14(d) of the
Securities Exchange Act of 1934 ("Act"), or any comparable successor
provisions, of beneficial ownership (within the meaning of Rule 13d-3
promulgated under the Act) of 50 percent or more of either the outstanding
shares of common stock or the combined voting power of Company's then
outstanding voting securities entitled to vote generally, or the approval by
the stockholders of Company of a reorganization, merger, or consolidation, in
each case, with respect to which persons who were stockholders of Company
immediately prior to such reorganization, merger or consolidation do not,
immediately thereafter, own more than 50 percent of the combined voting power
entitled to vote generally in the election of directors of the reorganized,
merged or consolidated Company's then outstanding securities, or a liquidation
or dissolution of Company or of the sale of all or substantially all of
Company's assets.

        Selection of a payment alternative shall be made at the time the
participant first elects to participate in the Plan. The alternative forms of
distribution shall be:

        (a)  lump sum; or

        (b)  substantially equal consecutive quarterly installments over a
period not to exceed ten (10) years. Interest shall be credited to a
participant's deferred compensation account through the date of the initial and
subsequent distributions and shall be added to the participant's account and
distributed as a part of the next amortized installment. Distribution shall be
made or commence on the first day of the month next following the date on which
the participant's employment with the Company and any other related employers
(as determined under Section 414 of the Internal Revenue Code) terminates.
Subsequent installments, if any, will be made on the first day of each
successive quarter following the date of the first installment. Each such
installment, if any, shall include interest credited to the balance of the
participant's accounts. The final installment will be the balance of the
participant's deferred compensation account and all undisbursed interest 
credited to the account. However, upon the request of a participant whose 
account is in the process of an installment distribution, the Board of 
Directors of the 


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Company, in its sole discretion and without any obligation to do so, may
accelerate any or all payments credited to said participant.

        Section 3.2  If a participant should die before distribution of the
full amount of the participant's account has been made, any remaining amounts
shall be distributed to the participant's beneficiary by the method designated
by the participant in writing delivered to the Company at the time the
participant first elected to become a participant in the Plan. If a participant
has not designated a beneficiary, or if no designated beneficiary is living on
the date of distribution, then, notwithstanding any provision herein to the
contrary such amounts shall be distributed to such participant's estate in a
lump sum distribution as soon as administratively feasible following such
participant's death.

        Section 3.3  In the event a participant incurs an unforeseeable
emergency, the participant may make a written request to the Company for a
hardship withdrawal from his or her account established under the Plan. An
unforeseeable emergency is a severe financial hardship to the participant
resulting from a sudden and unexpected illness or accident of the participant
or of a dependent (as defined in Section 152(a) of the Code) of the
participant, loss of the participant's property due to casualty, or other
similar extraordinary and unforeseeable circumstances arising as a result of
events beyond the control of the participant. Withdrawals of amounts because of
an unforeseeable emergency are only permitted to the extent reasonably needed
to satisfy the emergency need. This section shall be interpreted in a manner
consistent with Sections 1.457-2(h)(4) and 1.457-2(h)(5) of the Treasury 
Regulations.

        Section 3.4  Anything herein to the contrary notwithstanding, if, at
any time, a court or the Internal Revenue Service determines that an amount in
a participant's account is includable in the gross income of the participant
and subject to tax, the Board of Directors of the Company may, in its sole
discretion, permit a lump sum distribution of an amount equal to the amount
determined to be includable in the participant's gross income.

                                   ARTICLE IV
                       AMENDMENT AND TERMINATION OF PLAN

        The Company reserves the right to amend or terminate the Plan at any
time. Any such termination shall be effective as of the end of the calendar
year during which notification is given to each participant. Notification shall
be by first class mail, addressed to each participant at the participant's last
known address, or by other notice acknowledged in writing by the participant.
Any amounts credited to an account of any participant shall remain subject to
the provisions of the Plan and distribution will not be accelerated because of
the termination of the Plan. No amendment or termination shall directly or
indirectly reduce the balance of any account described in the Plan as of the
effective date of such amendment or termination. No additional credits or
contributions will be made to the accounts of the participants under the Plan
after termination of the Plan, but interest will continue to be credited to the
accounts of the participants under the Plan until all benefits are distributed
to the participants or to their beneficiaries. Upon termination of the Plan,
distribution of amounts credited to the accounts of the participants shall be
made to the participants or their beneficiaries in accordance with Article III
of this Plan.

                                   ARTICLE V
                                CLAIMS PROCEDURE

        Section 5.1  For purposes of handling claims with respect to the Plan, 
the "Claims Reviewer" shall be the Company, unless another person or 
organizational unit is designated by the Company as Claims Reviewer.


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        Section 5.2     An initial claim for benefits under the Plan must be
made by the participant or his or her beneficiary in accordance with the terms
of the Plan pursuant to which the benefits are provided. Not later than 90 days
after receipt of such a claim, the Claims Reviewer will render a written
decision on the claim to the claimant, unless special circumstances require the
extension of such 90-day period. If such extension is necessary, the Claims
Reviewer shall provide the participant or the participant's beneficiary with
written notification of such extension before the expiration of the initial
90-day period. Such notice shall specify the reason or reasons for such
extension and the date by which a final decision can be expected. In no event
shall such extension exceed a period of 90 days from the end of the initial
90-day period. In the event the Claims Reviewer denies the claim of a
participant or the beneficiary in whole or in part, the Claims Reviewer's
written notification shall specify, in a manner calculated to be understood by
the claimant, the reason for the denial; a reference to the Plan or other
document or form that is the basis for the denial; a description of any
additional material or information necessary for the claimant to perfect the
claim; an explanation as to why such information or material is necessary; and
an explanation of the applicable claims procedure. Should the claim be denied
in whole or in part and should the claimant be dissatisfied with the Claims
Reviewer's disposition of the claimant's claim, the claimant may have a full
and fair review of the claim by the Company upon written request therefor
submitted by the claimant or the claimant's duly authorized representative and
received by the President of the Company within 60 days after the claimant
receives written notification that the claimant's claim has been denied. In
connection with such review, the claimant or the claimant's duly authorized
representative shall be entitled to review pertinent documents and submit the
claimant's views as to the issues, in writing. The Company shall act to deny or
accept the claim within 60 days after receipt of the claimant's written request
for review unless special circumstances require the extension of such 60-day
period. If such extension is necessary, the Company shall provide the claimant
with written notification of such extension before the expiration of such
initial 60-day period. In all events, the Company shall act to deny or accept
the claim within 120 days of the receipt of the claimant's written request for
review. The action of the Company shall be in the form of a written notice to
the claimant and its contents shall include all of the requirements for action
on the original claim. In no event may a claimant commence legal action for
benefits the claimant believes are due the claimant until the claimant has
exhausted all of the remedies and procedures afforded the claimant by this
Article V.

                                   ARTICLE VI
                                 ADMINISTRATION

        Section 6.1     The right of a participant or the participant's
beneficiary to receive a distribution hereunder shall be an unsecured claim
against the general assets of the Company, and neither a participant nor his or
her designated beneficiary shall have any rights in or against any amount
credited to any accounts under this Plan or any other assets of the Company.
The Plan at all times shall be considered entirely unfunded both for tax
purposes and for purposes of Title I of the Employee Retirement Income Security
Act of 1974, as amended. Any funds invested hereunder shall continue for all
purposes to be part of the general assets of the Company and available to its
general creditors in the event of bankruptcy or insolvency. Accounts under this
Plan and any benefits which may be payable pursuant to this Plan are not
subject in any manner to anticipation, sale, alienation, transfer, assignment,
pledge, encumbrance, attachment, or garnishment by creditors of a participant
or a participant's beneficiary. The Plan constitutes a mere promise by the
Company to make benefit payments in the future. No interest or right to receive
a benefit may be taken, either voluntarily or involuntarily, for the
satisfaction of the debts of, or other obligations or claims against, such
person or entity, including claims for alimony, support, separate maintenance
and claims in bankruptcy proceedings.

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        Section 6.2     The Plan shall be administered by the Board of Directors
of the Company (or the Compensation Committee of its Board of Directors), which
shall have the authority, duty and power to interpret and construe the
provisions of the Plan as the Board deems appropriate. The Board shall have the
duty and responsibility of maintaining records, making the requisite
calculations and disbursing the payments hereunder. The interpretations,
determinations, regulations and calculations of the Board shall be final and
binding on all persons and parties concerned.

        Section 6.3     Expenses of administration shall be paid by the
Company. The Board of Directors of the Company shall be entitled to rely on all
tables, valuations, certificates, opinions, data and reports furnished by any
actuary, accountant, controller, counsel or other person employed or retained
by the Company with respect to the Plan.

        Section 6.4     The Board of Directors of the Company shall furnish
individual annual statements of accrued benefits to each participant, or
current beneficiary, in such form as determined by the Board of Directors or as
required by law.

        Section 6.5     The sole rights of a participant or beneficiary under
this Plan shall be to have this Plan administered according to its provisions,
to receive whatever benefits he or she may be entitled to hereunder, and
nothing in the Plan shall be interpreted as a guaranty that any funds in any
trust which may be established in connection with the Plan or that any assets
of the Company will be sufficient to pay any benefit hereunder. Further, the
adoption and maintenance of this Plan shall not be construed as creating any
contract of employment between the Company and any participant. The Plan shall
not affect the right of the Company to deal with any participants in employment
respects, including their hiring, discharge, compensation, and conditions of
employment. 

        Section 6.6     The Company may from time to time establish rules and
procedures that it determines to be necessary for the proper administration of
the Plan and the benefits payable to an individual in the event that individual
is declared incompetent and a conservator or other person legally charged with
that individual's care is appointed. Except as otherwise provided herein, when
the Company determines that such individual is unable to manage his or her
financial affairs, the Company may pay such individual's benefits to such
conservator, person legally charged with such individual's care, or institution
then contributing toward or providing for the care and maintenance of such
individual. Any such payment shall constitute a complete discharge of any
liability of the Company and the Plan for such individual.

        Section 6.7     The Plan may be continued after a sale of assets of the
Company, or a merger or consolidation of the Company into or with another
corporation or entity only if and to the extent that the transferee, purchaser
or successor entity agrees to continue the Plan. In the event that the Plan is
not continued by the transferee, purchaser or successor entity, then the Plan
shall be terminated subject to the provisions of Article IV.

        Section 6.8     Each participant shall keep the Company informed of his
or her current address and the current address of his or her designated
beneficiary. The Company shall not be obligated to search for any person. If
such person is not located within three (3) years after the date on which
payment of the participant's benefits payable under this Plan may first be
made, payment may be made as though the participant had died at the end of such
three-year period.

        Section 6.9     Notwithstanding any provision herein to the contrary,
neither the Company nor any individual acting as an employee or agent of the
Company shall be liable to any participant, former participant, designated
beneficiary, or any other person for any claim, loss,


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liability or expense incurred in connection with the Plan, unless attributable
to fraud or willful misconduct on the part of the Company or any such employee
or agent of the Company.



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