EXHIBIT 10.20

                         EXECUTIVE RETIREMENT AGREEMENT

                            (AS AMENDED AND RESTATED)

            THIS AGREEMENT made and entered into as of April 30, 1992, between
TECH-SYM CORPORATION (the "Company") and J. RANKIN TIPPINS (the "Executive").

                              W I T N E S S E T H:

            WHEREAS, the Executive has rendered outstanding service to the
Company over a period of years and the Executive's experience and knowledge of
the affairs of the Company and his reputation and contacts are extremely
valuable to the Company; and

            WHEREAS, in recognition of the Executive's service to the Company
and to encourage the Executive's continued service, the Company is desirous of
offering him, in addition to his regular compensation and termination benefits,
certain retirement benefits;

            NOW, THEREFORE, for and in consideration of the premises and the
mutual covenants and agreements herein contained, the Company and the Executive
hereby agree as follows:

1. BENEFITS

      1.1 QUALIFICATIONS FOR RETIREMENT BENEFITS. The Executive (or his
surviving spouse, as the case may be) shall be entitled to receive the
retirement (or death) benefits provided by this Agreement following his
termination of employment with the Company unless his employment with the
Company is terminated (i) voluntarily by the Executive prior to his attaining
age 62, other than due to a Total Disability (as defined below), or (ii) by the
Company for Cause (as defined below). A termination of employment that would
entitle the Executive (or his spouse) to receive retirement (or death) benefits
as provided hereunder is hereafter referred to as a "Qualified Termination."

            For the purposes of this Agreement, the Company shall have "Cause"
to terminate the Executive's employment hereunder only upon (i) the willful and
continued failure by the Executive to perform substantially the Executive's
duties with the Company, other than any such failure resulting from the
Executive's incapacity due to physical or mental illness, after a demand for
substantial performance is delivered to the Executive by the Board that
specifically identifies the manner in which the Board believes that the
Executive has not substantially performed the Executive's duties or (ii) the
willful engaging by the Executive in gross misconduct materially and
demonstrably injurious to the Company. For purposes of this paragraph, an act or
failure to act on the Executive's part shall be considered to willful" if done
or omitted to be done by the Executive otherwise than in good faith and without
reasonable belief that the Executive's action or omission was in the best
interest of the Company.
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            For purposes of this Agreement, the term "Total Disability" means
that, in the opinion of the Executive's physician, the Executive has suffered a
mental or physical disability that is expected to be permanent or of long
continued duration and which prevents the Executive from continuing full-time
his duties with the Company or Subsidiary.

      1.2 AMOUNT OF RETIREMENT BENEFITS. Following a Qualified Termination the
Executive shall receive, beginning with the later of the date of such Qualified
Termination or the Executive's 65th birthday (the "Commencement Date"), an
annual retirement benefit equal to 65% of the highest rate of annual base salary
in effect for the Executive with the Company at any time prior to the
Executive's 61st birthday (the "Base Salary") with such benefit payable on each
January I on or after the Commencement Date on which he is living; provided,
however, that if the Executive's Commencement Date is other than on January 1,
the Executive shall receive a partial annual retirement benefit for the
remainder of the year in which such Commencement Date occurs in an amount equal
to the full annual benefit that will commence on the next January 1 but reduced
by a fraction, the numerator of which is the number of calendar months during
such year that have elapsed prior to the Commencement Date (with any partial
month rounded up to a complete month), and the denominator of which is 12 and
such partial benefit shall b-e paid to the Executive on the first day of the
month coinciding with or next following the Commencement Date; provided further,
however, that:

             (a) if the Executive's employment terminates due to a Qualified
        Termination prior to his reaching age 65, the Executive may elect to
        commence receiving his retirement benefits hereunder as of the date of
        such Qualified Termination or any date thereafter, provided the
        Executive is at least age 62 as of such Early Commencement Date, by
        giving written notice of such election to the Company prior to such
        Early Commencement Date and the amount of the annual retirement benefit
        (and partial benefit, if any) payable hereunder shall be reduced by
        1.39% for each full calendar month by which his Early Commencement Date
        precedes his 65th birthday unless the Board, in its sole discretion,
        elects to waive all or part of this reduction; and

             (b) if on the Early Commencement Date the Executive is also
        entitled to receive benefits under a separate Termination Agreement with
        the Company dated effective as of May 1, 1991 (as the same may be
        amended from time-to-time thereafter), then for purposes of subparagraph
        (a) above the Executive's age as of the Early Commencement Date shall be
        increased by (but not beyond age 65) the length of the Termination
        Period (as defined in the Termination Agreement) remaining as of the
        Early Commencement Date.

      1.3 DEATH BENEFITS. If the Executive is married on his date of death and
such death occurs while he is an employee of the Company or on or after a
Qualified Termination, including one due to Total Disability, his surviving
spouse ("Spouse") shall receive an annual survivor's benefit hereunder in an
amount equal to 37 1/2% of the Executive's Base Salary. The Spouse's benefit
shall commence on the first day of the month coinciding with or next following
the Executive's date of death. Subsequent payment(s) of the Spouse's benefit
shall be made on each anniversary of the date such survivor payments first
began, provided that the Spouse is alive on such anniversary date, and shall
cease when either a total of 10 annual survivor benefit payments have been paid
to the Spouse hereunder or the Spouse dies, whichever occurs first.

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      1.4 LUMP SUMS. Notwithstanding Section 1.2 or Section 1.3 hereof to the
contrary, the Board, in its sole discretion, may at any time direct that the
actuarial present value of any retirement (or death) benefits accrued under this
Agreement, as determined in accordance with the actuarial factors and rates then
in effect for a lump sum payment (for an immediate or deferred annuity, as the
case may be) upon a qualified plan's termination under Pension Benefit Guaranty
Corporation regulations, be immediately paid to the Executive (or his spouse, as
the case may be) in a lump sum in cash (by check).

      1.5 CONTINUED HEALTH BENEFITS. On and after a Qualified Termination, the
Executive shall be entitled to continue, for as long as he lives, his
participation and that of his qualified dependents, if any, in the Company's
group health plan for active employees in which the Executive participated
immediately prior to such Qualified Termination provided that the Executive
continues to pay the regular active employee premium, if any, required by such
plan; however, in the event that continued participation by the Executive in
such plan after the date of his Qualified Termination is not permitted by the
plan or such plan is terminated or benefits under such plan would be taxable to
the Executive, the Company shall either obtain comparable coverage under another
group health plan of the Company (and under which benefits to the Executive
would not be taxable) or, if there is none, an individual insurance policy
providing comparable benefits with the Executive paying an amount of the premium
therefor that is not greater than that which he would have been required to pay
from time to time under the Company's group health plan for active employees had
his participation continued in such plan and the Company paying the balance of
such cost and any taxes on any income the Executive would have as a result of
such Company-provided coverage.

2. TERMINATION AND AMENDMENT

      2.1 TERMINATION OR AMENDMENT. The Company, by action of the Board,
reserves the right to amend or terminate this Agreement for whatever reasons it
may deem appropriate as of the first day of the month following the delivery to
the Executive of written notice of such amendment or termination; however, no
such amendment shall impair, reduce or void the Executive's (or his Spouse's)
rights with respect to the continued health benefits provided by Section 1.5 or
the retirement (or death) benefits (whether or not in pay status) accrued under
this Agreement as of the date of such amendment and further, any termination of
this Agreement by the Company shall, notwithstanding anything herein to the
contrary, entitle the Executive (or his Spouse, as the case may be) to
immediately receive from the Company the lump sum present value of the accrued
retirement (or death) benefits as calculated in accordance with Section 1.4.

3. ADMINISTRATION

      3.1 BOARD DECISION. The Board's decision whether or not to waive the
reduction in the amount of benefits payable in the event of the Executive's
Qualified Termination prior to reaching age 65, as provided in Section 1.2(a),
shall be totally discretionary with the Board and need not be based upon any
standard nor be consistent with any past practices and shall be conclusive on
all parties.

        3.2 BENEFITS UNFUNDED. This Agreement is completely separate from and is
not a part of any other plan, qualified or nonqualified, of the Company and its
subsidiaries. The benefits payable hereunder, if any, are in addition to those
that 

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may be provided to the Executive under any other plan, arrangement or agreement.
Further, the benefits payable hereunder are completely unfunded and shall be
payable by the Company solely out of its general assets and the Executive and
his spouse shall be unsecured, general creditors of the Company with respect to
such benefits; provided, however, the Company, in its discretion, may establish
a grantor or "rabbi" trust to pay all or part of the benefits it may be required
to pay under this Agreement, in which event this Agreement shall be deemed to be
a part of such trust agreement and the Executive hereby waives, with respect to
the assets of such rabbi trust, any preference he may have under state law with
respect to such assets and acknowledges that he shall be a general, unsecured
creditor of the Company with respect to the same.

4. MISCELLANEOUS

        4.1 NO EMPLOYMENT RIGHTS. Nothing contained in this Agreement shall be
construed as a contract of employment between the Company and the Executive, or
as a right of the Executive to be continued in the employment of the Company or
as a limitation of the right of the Company to discharge the Executive at any
time, with or without Cause.

        4.2 ASSIGNMENT. The benefits payable under this Agreement may not be
assigned, alienated, pledged, transferred, sold, encumbered or hypothecated in
any manner by the Executive or his spouse. Any attempted sale, conveyance,
transfer, assignment, pledge or encumbrance of this Agreement or of such rights,
interest and benefits or the levy of any attachment or similar process thereupon
shall be null and void and without effect.

      4.3 BINDING EFFECT. The Company will require any successor, whether direct
or indirect, by purchase, merger, consolidation or otherwise, to all or
substantially all of the business and/or assets of the Company, by agreement in
form and substance reasonably satisfactory to the Executive, expressly to assume
and agree to perform this Agreement in the same manner and to the same extent as
the Company would have been required if no such succession had taken place.
Notwithstanding anything herein to the contrary, failure of the Company to
obtain such agreement prior to the effectiveness of any such succession shall
constitute a termination of this Agreement pursuant to Section 2.1 and entitle
the Executive (or Spouse) as the case may be, to immediate payment thereunder.
As used in this Agreement, "Company" shall mean the Company as hereinbefore
defined and any successor to its business and/or assets as aforesaid that
executes and delivers the agreement provided for in this Section 4.3 or which
otherwise becomes bound by all the terms and provisions of this Agreement by
operation of law.

      4.4 MISCELLANEOUS. No provision of this Agreement may be modified, waived
or discharged unless such waiver, modification or discharge is agreed to in
writing and signed by the Executive and by the President or other authorized
officer of the Company. No waiver by either party hereto at any time of any
breach by the other party hereto of, or compliance with, any condition or
provision of this Agreement to be performed by such other party shall be deemed
a waiver of similar or dissimilar provision or conditions at the same or at any
prior or subsequent time.

      4.5 PAYMENTS. The Company may make any payments required by this
Agreement, when in the judgment of the Company the recipient is incapacitated by
reasons of physical or mental illness or infirmity, to the recipient directly,
or to the legal guardian of the recipient.

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      4.6 TAXES. The Company shall have the right to deduct from all payments
made under this Agreement, any federal, state or local income taxes required by
law to be withheld with respect to such payments.

      4.7 VALIDITY. The interpretation, construction and performance of this
Agreement shall be governed by and construed and enforced in accordance with the
laws of the State of Texas without regard to the principle of conflicts of laws.
The invalidity or unenforceability of any provisions of this Agreement shall not
affect the validity or enforceability of a other provision of this Agreement,
each of which shall remain in full force and effect.

      4.8 COUNTERPARTS. This Agreement may be executed in one or more
counterparts, each of which shall be deemed to be an original but all of which
together shall constitute one and the same instrument.

      4.9 EMPLOYMENT WITH SUBSIDIARIES. Employment with the Company for purposes
of this Agreement includes employment with any corporation in which the Company
has a direct or indirect ownership interest of 50% or more of the total combined
voting power of all classes of stock.

      4.10 ARBITRATION. Any dispute or controversy arising out of or in
connection with this Agreement as to whether the Executive (or his spouse) is
entitled to a retirement (or survivor's) benefit, the amount thereof or other
matter shall be submitted to arbitration pursuant to the following procedure:

                (a) Either party may demand such arbitration in writing after
        the controversy arises, which demand shall include the name of the
        arbitrator appointed by the party demanding arbitration, together with a
        statement of the matter in controversy.

                (b) Within 15 days after such demand, the other party shall name
        an arbitrator, or in default thereof, such arbitrator shall be named by
        the Arbitration Committee of the American Arbitration Association, and
        the two arbitrators so selected shall name a third arbitrator within 15
        days or, in lieu of such agreement on a third arbitrator by the two
        arbitrators so appointed a third arbitrator shall be appointed by the
        Arbitration Committee of the American Arbitration Association.

                (c) The Company shall bear all arbitration costs and expenses,
        including without limitation any legal fees and expenses incurred by the
        Executive(or his spouse) in connection with such arbitration procedure.

                (d) The arbitration hearing shall be held at a site in Houston,
        Texas, to be agreed to by a majority of the arbitrators on ten days'
        written notice to the parties.

                (e) The arbitration hearing shall be concluded within ten days
        unless otherwise ordered by a majority of the arbitrators, and the award
        thereon shall be made within ten days after the close of the submission
        of evidence. An award rendered by a majority of the arbitrators
        appointed pursuant to this Agreement shall be final and binding on all
        parties to the proceeding, and judgment on such award may be entered by
        either party in the highest court, state or federal, having
        jurisdiction.

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            The parties stipulate that the provisions hereof shall be a complete
defense to any suit, action, or proceeding instituted in any federal, state, or
local court or before any administrative tribunal with respect to any
controversy or dispute arising under this Agreement, and which is arbitrable as
herein set forth. The arbitration provisions hereof shall, with respect to such
controversy or dispute, survive the termination of this Agreement.

      4.11 AMENDMENT AND RESTATEMENT OF PRIOR EXECUTIVE RETIREMENT AGREEMENT.
The Company and the Executive hereby agree that concurrently with the execution
and delivery of this Agreement, this Agreement shall operate and be construed as
an amendment and restatement of that certain Executive Retirement Agreement,
dated July 1, 1991 between the Company and the Executive (the "Prior
Agreement"), and effective with such delivery the terms and provisions of the
Prior Agreement shall be superseded by the terms and provisions of this
Agreement.

            IN WITNESS WHEREOF the Company has caused this Agreement to be
executed by its duly authorized officer, and the Executive has executed this
Agreement effective for all purposes as of the date first written above.

                                                TECH-SYM CORPORATION


Dated: 4/29/92                                  By:/s/ Wendell W. Gamel
                                                Title: President


                                                EXECUTIVE

Dated:4/29/92                                   /s/ J. Rankin Tippins
                                                    J. RANKIN TIPPINS

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