SETTLEMENT AGREEMENT

         THIS AGREEMENT is entered into as of the 26th day of March 2002, by and
between Method Products Corp., a Florida Corporation with a principal place of
business in Pompano Beach, Florida ("MPC"); and Michael Beaubien, an individual
of Boca Raton, Florida ("Mike").

         WHEREAS, Mike and MPC entered into an employment agreement as of July
1st, 2001; and

         WHEREAS, the parties now wish to terminate the employment agreement and
resolve all issues that may arise between the parties by virtue of the agreement
and the performance of their respective obligations thereunder. NOW THEREFORE,
in consideration Ten ($10.00) Dollars and other valuable consideration,
including but not limited to the provisions of this Agreement, the receipt and
sufficiency of which are hereby acknowledged, MPC and MIKE agree as follows:

         1.       Upon the execution of this Agreement by both Mike and MPC,
                  Mike shall and does hereby resign as an officer, director and
                  employee of MPC and all its subsidiaries thereof, and shall
                  and hereby does otherwise resign all employment positions with
                  MPC and all subsidiaries thereof. Mike shall contemporaneously
                  herewith, return any and all property owned by MPC and/or its
                  subsidiaries, except the items listed on Exhibit A, which
                  shall constitute the exclusive personal property of Mike. MPC
                  acknowledges receipt of all personal property Mike is
                  obligated to return pursuant to this Agreement owned by MPC
                  and/or its subsidiaries as an officer, director and/or
                  employee.

         2.       Simultaneously with the resignation referred to above, MPC
                  shall indemnify and hold Mike harmless for debts personally
                  guaranteed by Mike for MPC or subsidiary which include but are
                  not limited to: (See Exhibit "B") identified as American
                  Express, Ford, Heller and Coastal (details of said debt are
                  listed hereto as on Exhibit B) This guarantee is for MPC to
                  settle, negotiate and pay these debts thereby leaving no
                  responsibility to Mike. MPC shall be responsible for all
                  Mike's reasonable legal fees, expenses and damages arising out
                  of all personal guarantees he executed on behalf of MPC or any
                  subsidiary.

         3.       Simultaneously with the resignation referred to in paragraph 1
                  above, MPC agrees to pay Mike Twenty-Five Thousand ($25,000)
                  Dollars, which shall be paid as follows: Five Thousand
                  ($5,000) dollars upon execution of this Agreement and then
                  Five Thousand ($5,000) dollars per month for the next four
                  months, the payment dates of which will be the same as the
                  date this document was executed. Time is of the essence, and
                  any late payment shall bear an interest rate of ten (10%)
                  percent per annum until paid.

         4.       MPC shall also pay Mike his salary through March 26th, 2002,
                  which amount shall be paid at the time such payment would be
                  made in the ordinary course of business.

         5.       The aforesaid amounts, when paid in full, shall constitute
                  payment in full for all past due accrued salary and benefits
                  and otherwise constitute a complete severance payment from
                  MPC.

         6.       Upon the execution of this Agreement, MPC hereby releases Mike
                  from all non-competition covenants contained in the July 1st,
                  2001 employment agreement and/or any other non-competition
                  documents there may be between MPC and Mike.

         7.       Upon execution of this Agreement, except to the obligations
                  contained herein including those set forth in paragraph 1
                  above, MPC hereby releases Mike from any and all obligations
                  it may have against him with respect to any matter from the
                  beginning of time to the date hereof.
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         8.       Upon the payment in full of all amounts due hereunder, Mike
                  shall release MPC and all subsidiaries thereof from any and
                  all obligations he may have against it/them with respect to
                  any matter from the beginning to the date hereof. In the event
                  of default of the Company Mike shall be entitled to a judgment
                  against the Company for any and all amounts owed pursuant to
                  the aforementioned Employment contract, with a credit given to
                  the Company on all amounts paid to Mike by the Company
                  hereunder. Nothing contained herein shall limit Companies
                  obligation to Mike Pursuant to section 2 above.

         9.       This Agreement shall be governed by and construed in
                  accordance with the laws of the State of Florida. Any action
                  and/or proceeding relating to or arising out of this Agreement
                  shall be brought in federal or state courts located in Broward
                  County, Florida, and the prevailing party in any such
                  proceeding shall be entitle to recover its reasonable
                  attorney's fees.

         10.      In case one or more provisions contained in this Agreement
                  should be declared invalid, illegal or unenforceable in any
                  respect, the validity, legality and enforceability of the
                  remaining provisions contained herein shall not in turn be
                  affected or impaired thereby.

         11.      This Agreement shall be binding upon and inure to the benefit
                  of the parties and their respective successors and assigns.

         12.      No provisions of this Agreement may be amended, modified,
                  supplemented, changed, waived, discharged or terminated unless
                  each party hereto consents in writing.

         13.      This Agreement contains the entire agreement between the
                  parties, and all discussions, negotiations and the like
                  occurring before the execution of this Agreement shall be
                  merged into this document.

         14.      Any number of counterparts of this Settlement Agreement may be
                  executed and delivered, each of which shall be considered an
                  original and all of which, together, shall constitute one and
                  the same instrument. The parties agree that facsimile
                  signatures of the parties shall be acceptable and deemed as if
                  they were original signatures tot his Agreement.

         15.      The parties hereby expressly warrant that the person or
                  persons executing this Settlement Agreement on behalf of such
                  parties is/are duly authorized to enter into and bind said
                  corporation tot his settlement.

         IN WITNESS WHEREOF, the parties have set their hands and seals the day
and year first set forth above.

WITNESS:
                                            /S/ Michael Beaubien
---------------------------                 ----------------------------------
                                            Michael Beaubien


                                            Method Products Corp.

                                            /S/ Mark V. Antonucci
                                            ----------------------------------
                                            Mark V. Antonucci, President / CEO