Exhibit 10.03

            Compensation Agreement for James Triplett, April 24, 2000

                 Sale/Merger/Acquisition Compensation Agreement

         This Agreement, dated April 24, 2000, is between Lifschultz Industries,
Inc. ("Lifschultz") and James C. Triplett (Jim), CEO of Hart Scientific, Inc.
("Hart Scientific"), a wholly owned subsidiary of Lifschultz.

         As compensation and consideration for Jim's contributions in increasing
the value of Hart Scientific, Lifschultz agrees to the following:

         1.   Subject to the provisions of paragraph 5 below, if at any time
              during the three years from the date of this Agreement Lifschultz
              and/or Hart Scientific, with or without Hart Scientific's
              subsidiary Calorimetry Sciences Corporation, is Acquired (defined
              below) for an amount which exceeds $25,000,000 in value (the
              "Acquisition Value"), Jim shall be paid 10% of the amount of
              Acquisition Value exceeding $25,000,000 as additional
              compensation. If Calorimetry Sciences Corporation is acquired by a
              third party before, after or separately from Lifschultz or Hart
              Scientific during the term of this Agreement, the value received
              for Calorimetry Sciences Corporation will be considered part of
              the Acquisition Value used to calculate Jim's 10% compensation
              under this Agreement. For purposes of this Agreement, Lifschultz
              or Hart Scientific will be considered to have been "Acquired" upon
              completion of any transaction or series of related transactions
              (each an "Acquisition") in which:

              a.      Eighty percent (80%) of the shareholders of Lifschultz
                      exchange their stock in Lifschultz for cash or a
                      combination of cash and stock, through a merger,
                      consolidation, sale or otherwise; or

              b.      Either Lifschultz or Hart Scientific sells all or
                      substantially all of its assets (which shall not
                      necessarily include the stock of Calorimetry Sciences
                      Corporation held by Hart Scientific).

         2.   The Acquisition Value shall include the total consideration
              received or to be received by Lifschultz and/or Hart Scientific
              and the Lifschultz security holders, including cash, loans,
              property and securities, provided, however that if the Acquisition
              involves the disposition of assets, the value of any assets in
              excess of liabilities not disposed of by the company will be
              included in the Acquisition Value. For the purposes of this
              Agreement, to the extent the Acquisition Value is paid in
              registered securities of a third party, such securities shall be
              valued at the average of the closing sales price per shares of
              such securities as quoted on the primary exchange on which such
              securities are listed, as published in the Eastern Edition of The

<PAGE>

              Wall Street Journal for the ten (10) trading days prior to the
              date of the execution of the definitive agreement for the
              acquisition transaction. To the extent that the Acquisition Value
              is paid in property other than in cash or registered securities of
              a third party, that portion of the Acquisition Value shall be the
              fair market value of such property as determined by mutual
              agreement between Jim and Lifschultz. In the event that that the
              parties fail to agree, the value of such other consideration shall
              be determined by an independent accounting firm, agreed upon by
              Jim and Lifschultz, which determination shall be binding on the
              parties. The fees paid to the accounting firm shall be the sole
              responsibility of Lifschultz or Hart Scientific.

         3.   The determination as to whether Lifschultz or Hart Scientific may
              be Acquired shall be made by Lifschultz in its sole discretion and
              nothing in this Agreement shall obligate Lifschultz to enter into
              or complete any Acquisition transaction contemplated by this
              Agreement.

         4.   All amounts owed Jim will be paid in the same ratio of cash (by
              cashier's check or other immediately available funds) to
              registered securities of the acquiring party as the Lifschultz
              shareholders receive at the closing of an Acquisition, except: (a)
              if any portion of the Acquisition Value is to be paid after such
              closing under an "earn-out," or third party escrow (a "hold-back")
              arrangement (but not installment or time-based payment
              arrangement), a proportional portion of the amount due Jim under
              this Agreement shall be paid if and when such subsequent payment
              of the Acquisition Value is made; and (b) if there is any post
              closing adjustment to the Acquisition Value (positive or negative)
              agreed to by the parties to such Acquisition, the amount due Jim
              under this Agreement shall be adjusted accordingly and promptly
              paid to or refunded by Jim; (c) if a portion of the amount owed
              Jim is paid with the registered securities of the acquiring
              company, then that amount shall be escrowed by a third party
              escrow agent agreed to by Jim and Lifschultz and paid to Jim on
              the eleventh day after closing with the amount of the payment
              calculated based on paragraph 2 above.

         5.   Lifschultz is only obligated to pay the compensation referenced in
              paragraph 1 to Jim if an introduction to a third party that
              ultimately leads to an Acquisition has been made and Jim (a) has
              not voluntarily terminated his employment with Hart Scientific, or
              (b) has not died or become incapacitated. If such an introduction
              has been made prior to Jim's death or incapacitation, Jim's
              estate, heirs, successors or assigns shall be paid Jim's
              compensation as defined by this Agreement.

         6.   Regardless of where or when the closing takes place, Jim shall be
              allowed to attend the closing even if he is not signing the
              closing documents or other papers on behalf of Lifschultz or Hart
              Scientific. Lifschultz will give Jim sufficient notice of the
              location of the closing so he has time to arrange to be there.
<PAGE>

         7.   In the event of any dispute regarding this Agreement, both parties
              agree to final and binding arbitration conducted in the State of
              Delaware in accordance with the Commercial Arbitration Rules of
              the American Arbitration Association. If the matter in controversy
              (exclusive of attorney fees and expenses) shall appear at the time
              of the demand for arbitration to exceed $100,000, then the panel
              to be appointed shall consist of three neutral arbitrators,
              otherwise one neutral arbitrator. Any arbitrator shall be either
              an accountant, investment banker or attorney experienced in
              transactions such as the Acquisition. The arbitrator(s) shall
              allow such discovery as the arbitrator(s) determine appropriate in
              the circumstances. The decision rendered shall be in writing and
              the parties shall abide by the decision. Judgment upon the award
              of the arbitrator(s) may be entered in any court having proper
              jurisdiction.

         8.   To the extent permissible by Delaware law, Lifschultz agrees to
              indemnify and hold harmless Jim, his heirs, successors and assigns
              from any legal action or judgments arising from this Agreement or
              an Acquisition as contemplated by this Agreement.

         9.   This is the entire understanding and agreement between the
              parties. It cannot be modified, without the written consent from
              both parties. The waiver by a party of any provision of this
              Agreement shall be effective only if made in writing by such party
              and such waiver shall not be deemed to be a waiver of any
              provision except to the extent specified in such writing. This
              Agreement shall be governed by the laws of the State of Utah and
              shall be binding upon the parties and their successors and
              assigns. If any part of this Agreement is deemed unenforceable,
              the balance of the Agreement shall remain in full force and
              effect. The parties agree that a party defaulting in any way
              hereunder shall be obligated to reimburse and pay any and all
              legal fees and costs incurred by the other party in enforcing its
              rights hereunder, including reasonable attorneys' fees, whether
              such enforcement is by arbitration, suit or otherwise.

         The parties have executed this  agreement  personally or through a duly
authorized representative, to be effective as of the date first written above.


DAVID LIFSCHULZ                           JAMES C. TRIPLETT
---------------                           -----------------
David Lifschultz for                      James C. Triplett
Lifschultz Industries




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