EMPLOYMENT AGREEMENT

                                 By and Between

                            COVOL TECHNOLOGIES, INC.

                                       And

                                  BRENT M. COOK

                           Dated as of April 21, 1998



<PAGE>

                              EMPLOYMENT AGREEMENT

         THIS EMPLOYMENT  AGREEMENT ("this  Agreement") is made and entered into
as of the 21st day of April,  1998 (the  "Effective  Date") by and between COVOL
TECHNOLOGIES,  INC. a Delaware  Corporation (the  "Company"),  and Brent M. Cook
("Employee").  The Company and Employee are  sometimes  later in this  Agreement
collectively referred to as the "Parties."


                                    RECITALS

         This Agreement is entered into with  reference to the following  facts,
definitions, and objectives:

         A. Employee is a certified public  accountant and immediately  prior to
Effective  date,  was employed by Covol  Technologies,  Inc., as Executive  Vice
President and Chief Financial Officer.

         B. Employee's  services are deemed to be of value to the Company and it
is  recognized  that  inducements  must be offered to Employee in order that the
company may retain Employee's services.

         NOW THEREFORE,  in consideration of this Agreement and of the covenants
and conditions contained in this Agreement, the Parties agree as follows:

1.       Employment and Positions.

                     (a)     Positions.   The  Company   employs   Employee  and
Employee  accepts  employment  by the  Company as Chief  Executive  Officer  and
President of the Company for the Period of  Employment  specified in Paragraph 3
("Period of Employment").

         2. Services to be Rendered.  The Employee  shall,  during the Period of
Employment,  serve  the  Company  in the  positions  set  forth in  Paragraph  1
("Employment and Positions")  diligently,  competently,  and in conformance with
the  corporate  policies  of the  Company.  Employee  shall  be free to  conduct
personal  business and investment  activities  that do not conflict or interfere
with the performance of his duties under this Agreement. Employee shall have the
responsibility  to always act in the best interest of the Company and recognizes
opportunities,  ideas, and intellectual property relating to the business of the
Company that are developed as an officer or employee of Covol Technologies, Inc.
remain the property of Company.

         In fulfilling  his duties and  responsibilities  under this  Agreement,
Employee shall report to the Board of Directors and shareholders of the Company.

<PAGE>
         3. Period of Employment.  Employee's employment by the Company pursuant
to this Agreement shall,  unless sooner terminated,  begin as of the 21st day of
April,  1998 (the "Effective  Date") and continue for a period of five (5) years
from the Effective Date ("Period of Employment").

         4. Base  Salary.  At the  commencement  of the  Period  of  Employment,
Employee shall be paid a yearly base salary of an amount determined by the Board
of  Directors  consistent  with an  annual  compensation  review  of  comparable
positions  of  public  companies.  Base  salary  shall  be paid in semi  monthly
installments during the Period of Employment.

         5.  Incentive  Bonus.  The  Board  of  Directors  and  Management  will
determine  any  incentive  bonus  guidelines  during the  Period of  Employment;
Employee  shall be entitled to receive a bonus  pursuant to the Company's  bonus
plan, if any, as in effect from time to time. It is recognized  that bonus plans
are dependent upon the Corporation  income  performance and general  performance
evaluations.

         6.  Expense  Reimbursement.  The  Employee  shall be entitled to prompt
reimbursement  for  reasonable  expense  incurred by the Employee in  performing
services  for the  Company.  Employee  shall be  required  to provide  proof and
documentation of such expenditures as required by the Company.

         7. Grant of  Options.  The  Company  shall  grant to the  Employee,  in
accordance  with the terms and the Stock  Option  Agreement  attached  hereto as
Exhibit  A, the right and  option to  purchase  shares of the  Company's  Common
Stock.

                   (a) Stock  Options  Pursuant to Stock Option Plan.  The Stock
Option ("Stock  Option") shall be issued  pursuant and subject to the provisions
of the Company Employee Stock Option Plan (the "Stock Option Plan").

                   (b)     Purchase Price.  The purchase price per share for the
shares subject to the Stock Option will be $12 31/32 per share.

                   (c) Number of Shares.  The Stock  Options will be for 250,000
shares of the Company's Common Stock (the "Optioned Shares").

                   (d) Exercise  Periods.  The Optioned  Shares will vest and be
exercisable  on the  beginning of each month on a pro rata basis during the next
five (5) years. Once vested, the Optioned Shares may be exercised in whole or in
part at any time,  subject to the  limitations  within which the exercise of the
Options  must occur.  The Optioned  Shares must be  exercised in their  entirety
prior to April 21, 2008, also known as the expiration date.

                  (e)  Vesting  of  Options  in  Event  of  Full  and   Complete
Disability  or Death.  In the event of  disability  or death of the employee any
unvested  Stock  Options  shall  vest  effective  as of the date of the full and
complete  disability or the death of Employee.  In the event of Employee's  full
and complete disability or death, the Employee,  heirs or estate of Employee, as
the case may be, may exercise any unexecuted  options at any time subject to the
time limitations within which exercise of option must occur.

<PAGE>
                   (f) Vesting of Options in Event of Ownership  Change.  In the
event a third party  purchases a controlling  interest of the total  outstanding
shares of the Company,  or substantially  all of the assets of the Company,  all
non-vested  Stock  Options shall vest as of the date  immediately  prior to such
stock or asset purchase.  The intent of this section is to allow the Employee to
vote the shares  represented by the Stock Options and the Employee's  discretion
exercise any unexecuted options.

                   (g) Additional Stock Options. Employee shall also be eligible
to receive additional stock options during he Period of Employment pursuant to a
stock options bonus plan as may from time to time be in effect.

         8. Other Benefits.  In addition to the benefits previously set forth in
this Agreement,  Employee shall, during the Period of Employment, be entitled to
the benefits  described  below,  and as concerns all such benefit programs where
years of service are a factor, to the extent permitted by law, Employee shall be
given credit for his years of service with Covol Technologies, Inc. prior to the
implementation of any benefit program.

                   (a) Vacation. During the Period of Employment, Employee shall
be entitled to not less than six (6) weeks of paid vacation during each calendar
year occurring during the Period of Employment. The vacation may be carried over
from year to year. At the end of the term of this Agreement,  the Employee shall
be  entitled  to be  paid  for the  pro  rated  portion  of the  accrued  salary
attributable to unused vacation.

                   (b) Insurance.  Participation in the group insurance  program
of the  company as  concerns  life,  disability,  medical  and dental  insurance
currently available to other employee's as the same may be implemented,  changed
modified or terminated for all participants from time to time. Employee shall be
required to pay that portion of the premiums for coverage  under such  insurance
that is payable by other employee's of the Company for their insurance coverage.

                   (c) Retirement  Plan.  The Employee shall  participate in the
Company's  Retirement  Plans in  accordance  with the terms and  provisions  and
applicable law as the same may be implemented,  changed,  amended, or terminated
from  time to  time.  Employee  shall  become  eligible  to  participate  in the
Company's  Retirement  Plans  at date of  hire or as the  effective  date of the
implementation of such plans, whichever is later.

                   (e)  Automobile  Allowance.  The  Company  will  provide  the
Employee a monthly  automobile  allowance.  This  allowance is to compensate the
Employee  for the us of his  personal  automobile  in the amount of $550.00  per
month during the Employment Period.

                   (f) Dental  Expense.  The Company  will  provide the Employee
with an annual dental allowance of $4,500 or provide comparable coverage.

                   (g) Other  Miscellaneous  Benefits.  The Company shall pay or
reimburse Employee for the following miscellaneous benefits:

<PAGE>
                          (i)      Annual  dues for  association  membership for
relevant professional groups.

                          (ii)     Subscription and purchase of books, journals,
publications which relate to job duties and responsibilities.

         9.      Terms of Employment

                  (a) Term.  The Company  hereby agrees to continue the Employee
in its  employ,  an the  Employee  hereby  agrees to remain in the employ of the
Company,  in  accordance  with the terms and  provisions  of paragraph 3 of this
Agreement,  for  the  Period  of  Employment,  thus  terminating  on  the  fifth
anniversary of the Effective Date of this Agreement, upon thirty (30) days prior
written  notice  from the Company to the  Employee.  If such  written  notice of
termination is not given,  then the Employee's  employment  under this Agreement
shall  continue  under  the  terms of this  Agreement,  until  the  Employee  is
terminated by the Company upon thirty (30) days prior written notice.

                   (b)     During the Period of Employment.

                          (i)     The Employee's position, authority, duties and
responsibilities shall be commensurate in all material respects with those held,
exercised and assigned at any time during the ninety (90) day period immediately
preceding the Effective Date or at any office which is the  headquarters  of the
Company.

                          (ii)    The Employee's services  shall be performed at
the location where the Employee was employed immediately preceding the Effective
Date or at any office which is the headquarters of the Company.

         10.      Termination of Agreement.

                  (a)  Termination  of Employment by Employer.  Anything in this
Agreement to the contrary notwithstanding,  the Company shall have the following
rights with respect to termination of Employee's employment.

                            (i)    Disability.   The   Company   may   terminate
Employee's  employment  under this  Agreement if Employee shall become unable to
fulfill his duties  under this  Agreement,  as measured by the  Company's  usual
business  activities,  by reason of any medically  determinable  physical and/or
mental disability.

                           (ii)    Cause.  Employee's    employment    may    be
terminated for Cause. For purpose of the Agreement, "Cause" shall mean and refer
to a determination made in good faith by the Company's Board of Directors that:

<PAGE>
                                  (1)                Employee has been convicted
of or has  entered  a plea of guilty  or nolo  contendere  to a felony or to any
other crime,  which other crime is punishable by  incarceration  for a period of
one (1) year or longer, or which is a crime involving moral turpitude;

                                  (2)                there  has  been  a  theft,
embezzlement,  or other criminal misappropriation of funds by Employee,  whether
from Company or any other person;

                                  (3)                Employee    has   willfully
failed  or  refused  to  follow   reasonable   written  policies  or  directives
established by the Board of Directors of the Company,  or Employee has willfully
failed to attend to material  duties or obligations of Employee's  office (other
than any such failure  resulting from  Employee's  incapacity due to physical or
mental illness,  which is a cause or  manifestation  of Employee's  disability),
which failure or refusal continues for thirty (30) days following  delivery of a
written demand from the Company's  Board of Directors for policies or directives
or to perform such duties.

                           (iii) Termination  pursuant to this Paragraph 9 shall
be effective as of the effective date of the notice by the Board of Directors to
Employee  that  it  has  made  the  required  determination,  or at  such  other
subsequent date, if any specified in such notice.

                           (iv) Death.  If the Employee  dies during the term of
this  Agreement,  his personal  representative  or designated  survivor shall be
entitled  to receive  all the salary and  benefits  provided  hereunder  for the
remaining term of this Agreement.

                   (b)     Termination by Employee.

                           (i)      With Good  Reason.  Employee shall  have the
right to  terminate  his  employment  under this  Agreement at any time for Good
Reason,  provided  Employee has  delivered  written  notice to the Company which
briefly  describes  the facts  underlying  Employee's  belief that "Good Reason"
exist and the Company has failed to cure such situation  within thirty (30) days
after  effective  date of such  notice.  For  purposes of the  Agreement,  "Good
Reason" shall mean and consist of:

                                    (1)     a material breach  by the Company of
its obligations under this Agreement;

                                    (2)     the assignment to Employee of duties
that are materially  inconsistent with, or that constitute a material alteration
in the  status  of his  responsibilities  set  forth  in this  Agreement,  as an
employee of the Company;

                                    (3)     a  reduction  by   the   Company  of
Employee's  Base Salary  below the Base  Salary set forth in  Paragraph 5 ("Base
Salary");

                                    (4)     without  Employee's  prior   written
consent,  the transfer or relocation  of  Employee's  place of employment to any
place  other  than  the Salt  Lake  City/Provo  metropolitan  area,  except  for
reasonable travel on the business of the Company; or

<PAGE>
                                    (5)     upon the  consummation of  a sale of
all or  substantially  all of the  assets  of the  Company  not in the  usual or
regular  course of the  business  of the  Company  in which  sale the  acquiring
company  did  not  assume  all of the  obligations  of the  Company  under  this
Agreement.

         11.  Confidential  Information.  The Employee shall hold in a fiduciary
for the benefit of the Company all secret or confidential information, knowledge
or data  relating to the Company or any of its  affiliated  companies  and their
respective  businesses,  which have been  obtained  by the  Employee  during the
Employee's  employment  by the Company or any of its  affiliated  companies  and
which  shall  not be or  become  public  knowledge  (other  than  by acts by the
Employee or  representatives  of the Employee in  violation of this  Agreement).
After  termination of the Employee's  employment with the Company,  the Employee
shall not,  without prior written  consent of the Company or as may otherwise be
required by law or legal process,  communicate or divulge any such  information,
knowledge or data to anyone other than the Company and those  designated  by the
Company.  In no event  shall an asserted  violation  of the  provisions  of this
Section  constitute a basis for deferring or withholding  any amounts  otherwise
payable to the Employee under the provisions of this Agreement.

         12.      Inventions.

                  (a) Assignment.  Without further  consideration,  the Employee
shall fully and promptly report to the Company all ideas, concepts,  inventions,
discoveries,  formulas, and designs conceived or produced by the Employee at any
time  during  the  Period  of  Employment  relating  to the  Company's  trade or
business,  whether alone or with others and whether  patentable or  unpatentable
(collectively, "Inventions" pertaining directly or indirectly to the business of
the company as  conducted  by the  Employee  at any time  during the  Employment
Period)  and shall  assign and hereby  does assign to the Company or its nominee
the Employee's entire right, title and interest in and to all such Inventions.

                  (b) Cooperation. The Employee shall take all reasonable action
requested by the Company to protect or obtain title to any and all United States
and/or foreign patents on any such Inventions,  including execution and delivery
of all  applications,  assignments  and  other  documents  deemed  necessary  or
desirable by the Company,  provided the Company shall reimburse the Employee for
all expenses  incurred by the Employee in  connection  with such  execution  and
delivery.

         13.      Non-Competition after Termination.

                  (a)  Acknowledgment.   The  Employee   acknowledges  that  his
services and  responsibilities  are of a particular  significance to the Company
and that his  position  with the Company  does and will  continue to give him an
intimate  knowledge  of its  business.  Because of this,  it is important to the
Company that the Employee be restricted  from  competing with the Company in the
event of the termination of his employment.

<PAGE>
                  (b)  Agreement.  The Employee  agrees that, in addition to any
other  limitations,  for a period of two (2) years after the  termination of his
employment  under this  Agreement,  the Employee will not directly or indirectly
compete with the Company or its business.

         14.  Severance  Pay. If the Employee does not continue in the employ of
the Company after the termination of this Agreement, whether or not the Employee
is offered continued  employment by the Company,  Company shall pay to Employee,
no later than two months after  termination,  the sum of one year's  annual base
wages.  The Employee shall not be required to mitigate the amount of the payment
provided for in this section by seeking other employment or otherwise; nor shall
the amount of the payment be reduced by any compensation  earned by the Employee
as the result of employment by another employer after termination or otherwise.

         15.  Indemnification.  The Company  shall  release,  indemnify and hold
harmless  the  Employee  against  and from any and all loss,  claims  actions or
suits,  including  costs  and  attorney's  fees,  both at trial  and on  appeal,
resulting  from,  or arising out of or in any way  connected  with the Employees
acts as an employee of the Company.

         16.  Miscellaneous.  Any  notice or other  communications  required  or
permitted  to be given to the parties  hereto shall be deemed to have been given
when  received,  addressed  as follows  (or at such  other  address as the party
addressed may have substituted by notice pursuant to this Section):

                  (a)      If to the Company:

                           3280 North Frontage Road
                           Lehi, Utah
                           Attention:  President and CEO

                  (b)      If to Employee:

                           Brent M. Cook
                           5733 West 10040 North
                           Highland, UT 84003

         17. Governing Law. This Agreement shall in all respects be interpreted,
construed and governed by and in accordance with the laws of the State of Utah.

         IN WITNESS  WHEREOF,  the  parties  have  executed  this  Agreement  in
duplicate as of the date written above.

COVOL TECHNOLOGIES, INC.:                       EMPLOYEE:



By:  Raymong J. Weller                          Brent M. Cook               
     -------------------------                  ----------------------
Title:  Chairman of the Board