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                                                                    Exhibit 10.4

                                 EMPLOYMENT AGREEMENT
                                           

    THIS EMPLOYMENT AGREEMENT (this "Agreement") is made and entered into as of
the 1st day of January, 1997, by and between WYNN'S INTERNATIONAL, INC., a
Delaware corporation with its principal offices in Orange, California
("Corporation"), and GREGG M. GIBBONS, an individual residing in Anaheim,
California ("Executive").
    
                                W I T N E S S E T H :
                                           
    WHEREAS, Executive presently serves as Vice President-Corporate Affairs,
General Counsel and Secretary of Corporation pursuant to an employment agreement
dated as of January 1, 1995 between Corporation and Executive (the "Prior
Employment Agreement"); and
    
    WHEREAS, Corporation desires to continue to retain the services of
Executive, whose experience, knowledge and abilities with respect to the
business and affairs of Corporation and its subsidiaries are extremely valuable
to Corporation; and
    
    WHEREAS, the Board of Directors of Corporation (the "Board of Directors")
and the Compensation Committee (the "Committee") of the Board of Directors
recognize that the continuing possibility of an unsolicited tender offer or
other takeover bid for Corporation is unsettling to Executive and other senior
executives of Corporation and, therefore, to enhance the value of Corporation
for the benefit of its stockholders, desire to make arrangements to help assure
the continuing dedication by Executive to Executive's duties to Corporation,
notwithstanding the occurrence of a tender offer or takeover bid; and


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    WHEREAS, in particular, the Board of Directors and the Committee believe it
is important, should Corporation receive proposals from third parties with
respect to its future, to enable Executive, without being influenced by the
uncertainties of Executive's own situation, to assess and advise the Board of
Directors whether such proposals would be in the best interests of Corporation
and its stockholders, and to take such other action regarding such proposals as
the Board of Directors might determine to be appropriate; and
    
    WHEREAS, the Board of Directors and the Committee also wish to demonstrate
to Executive and other senior executives of Corporation that Corporation is
concerned with the welfare of its executives and intends to see that loyal
executives are treated fairly; and
    
    WHEREAS, in view of the foregoing and in further consideration of
Executive's employment with Corporation, the Board of Directors and the
Committee have determined that it is in the best interests of Corporation and
its stockholders for Corporation to agree to pay Executive termination
compensation in the event Executive should leave the employ of Corporation under
certain circumstances;
    
    NOW, THEREFORE, in consideration of the foregoing and the mutual agreements
and promises of the parties set forth below, the parties hereby agree as
follows:
    
    1.   DUTIES.
         
         (a)  Corporation hereby continues to employ Executive as Vice 


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    President-Corporate Affairs, General Counsel and Secretary of Corporation
    during the term of this Agreement, with powers and duties consistent with
    such positions.  Executive, during the term of this Agreement, shall
    perform such additional or different duties, and accept the election or
    appointment to such other offices or positions, as may be mutually
    agreeable to Executive and the Board of Directors.  Executive agrees to
    serve in such executive offices and directorships in other subsidiaries or
    affiliated companies of Corporation as he may be requested to do throughout
    the term of this Agreement without additional fixed compensation.
         
         (b)  Executive shall be employed at Corporation's headquarters in
    Orange County, California, and shall devote substantially his full time and
    efforts to perform his duties faithfully, diligently and to the best of his
    ability to advance the interests of Corporation; subject, however, to
    reasonable working hours, conditions and vacations as are consistent with
    his position and with due regard to the preservation of his good health. 
    Nothing herein shall be deemed to preclude or prohibit Executive from
    performing during regular business hours services within the business and
    civic community which are customary for persons in similar capacities,
    including, without limitation, serving on boards of other companies,
    advisory groups, committees and panels, but only in furtherance of and not
    to the detriment of his principal duties hereunder.  Further, Corporation
    shall give Executive a reasonable opportunity to perform his duties and
    shall not expect Executive to devote more time hereunder, nor assign duties
    or functions to Executive, other than as may be customary and reasonable
    for an executive in Executive's position.


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    2.   COMPENSATION.
         
         (a)  Effective as of January 1, 1997, and during the entire term of
    this Agreement, Corporation shall pay to Executive an annual salary of not
    less than Two Hundred Thirty Thousand Dollars ($230,000.00), payable in
    equal installments on Corporation's regular payroll dates, for any and all
    services which Executive may render to Corporation.
         
         (b)  The Board of Directors annually shall review the amount of
    Executive's salary, and shall, when the Board of Directors in its sole
    judgment deems it appropriate, make adjustments in the amount of such
    salary.  Any such adjustments shall take effect on the date established by
    the Board of Directors.  Nothing herein shall be construed to authorize or
    empower any reduction of Executive's salary below his then current rate of
    salary by the Board of Directors or otherwise during the term of this
    Agreement.  The Committee, in accordance with customary policy, shall make
    such recommendations to the Board of Directors as it believes are
    appropriate with respect to salary adjustments hereunder.
         
    3.   EXPENSES.  Corporation will reimburse Executive for all usual,
reasonable and necessary expenses paid or incurred by him in the performance of
his duties hereunder, subject to the right of Corporation at any time to place
reasonable limitations on expenses thereafter to be incurred or reimbursed.
    
    4.   EMPLOYEE BENEFITS.  Executive shall be entitled to and shall receive
all other benefits of employment generally available to other executives of
Corporation, including, among other things, participation in any hospital,
surgical, medical or other


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group health and accident benefit plans, life insurance benefits, and
Corporation's annual vacation plan.  In addition, Executive will be entitled to
participate in all incentive compensation, stock option, profit sharing,
pension, retirement or bonus plans as from time to time may be in existence
during the term of this Agreement in accordance with their respective terms and
provisions, but, to the extent participation or the amount of participation is
at the discretion of the Board of Directors or any committee thereof, then
Executive's participation shall likewise be solely subject to such discretion.
    
    5.   TERM AND TERMINATION.

         (a)  The term of this Agreement shall commence on the date hereof and
    shall terminate upon the first to occur of the following events:

              (i)   December 31, 1999 (the "Last Day of the Stated Term");
              
              (ii)  The death or permanent disability of Executive;
              
              (iii) The 30th day following written notice from Corporation to
         Executive; or
              
              (iv)  Executive is discharged for Cause.
              
         (b)  If Executive dies or becomes permanently disabled during the term
    of this Agreement, this Agreement shall terminate on the last day of the
    month during which his death or permanent disability, as the case may be,
    occurred.  Commencing thirty (30) days after the date of such termination,
    there shall be paid to Executive or Executive's representative in the event
    of permanent


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    disability, or to his executor or estate in the event of death, an amount
    equal to one year of Executive's then current salary, payable in twelve
    (12) equal monthly installments.  If Executive is absent from employment or
    unable to render services hereunder on a full-time basis by reason of
    physical or mental illness or disability for six (6) months or more in the
    aggregate in any twelve (12) month period during the term of this
    Agreement, Executive shall be considered permanently disabled.
         
         (c)  If Corporation should terminate this Agreement pursuant to
    Section 5(a)(iii):
         
              (i)  Executive shall immediately cease to be Vice
         President-Corporate Affairs, General Counsel and Secretary of
         Corporation, and such other office or position Executive then holds,
         and if requested by a majority of the Board of Directors of
         Corporation, shall immediately resign from the Board of Directors and
         from any of the Boards of Directors of any of Corporation's
         subsidiaries of which Executive may be a member.
              
              (ii) Corporation shall be obligated and shall continue to pay
         Executive an amount equal to his then current salary but at a rate of
         not less than Two Hundred Thirty Thousand Dollars ($230,000.00) per
         annum from the date of such termination until the Last Day of the
         Stated Term.  Such payments shall be made in installments payable as
         provided in Section 2(a) hereof.  Corporation also immediately shall
         pay Executive in a lump sum an amount equal to the amount of the
         remaining unpaid portion of any yearly incentive compensation award,
         and the amount, if


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         any, of any forfeiture of Executive's interest in any profit sharing
         plan in which Executive is a participant.
              
              (iii) For the purposes of participation in any hospital,
         surgical, medical or other group health and accident insurance and
         group life insurance plans maintained by Corporation, Executive shall
         continue to be an employee of Corporation through the Last Day of the
         Stated Term.  Except for such purposes, unless the Board of Directors
         otherwise determines by resolution, Executive shall not continue to be
         an employee of Corporation for any other purposes and shall not be
         entitled to continue to participate in Corporation's Retirement Plan
         or 401(k) Plan, or in any other plans, programs and benefits of
         Corporation; provided, however, nothing herein shall preclude
         Executive from any vested rights or benefits he may have in such plans
         on the effective date of termination.  If a contrary determination is
         made by the Board of Directors, the duties of Executive shall be only
         as mutually agreed upon by Executive and Corporation, and may be
         refused by Executive without penalty hereunder.
              
              (iv)  If termination shall be without Cause under Section
         5(a)(iii), all stock options granted to Executive prior to the date of
         this Agreement under any stock option plan of Corporation (other than
         Corporation's Employee Stock Purchase Plan), notwithstanding the
         provisions of any stock option plan or agreement, shall vest
         immediately and become exercisable by Executive.  Nothing herein shall
         otherwise affect the obligations of Corporation or Executive under the
         terms of such stock option agreement, which, except for the provisions
         hereof, shall be otherwise enforceable in accordance with its terms.
              

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              (v)  Any benefits of indemnification provided by the By-Laws of
         Corporation or in any Indemnification Agreement between Corporation
         and Executive shall be continued for the benefit of Executive, and any
         officers' and directors' liability insurance which may be maintained
         by Corporation and outstanding on the date of termination shall be
         continued for the benefit of Executive for such reasonable period of
         time as may be determined by the Board of Directors to afford
         protection to Executive.
              
         (d)  Corporation agrees that its obligations for the continuation of
    Executive's salary and other benefits in accordance with Sections 5(c)(ii)
    through 5(c)(v) above shall be absolute and unconditional, and the amounts
    due under Sections 5(c)(ii) and 5(c)(iii) above or Section 15 shall not be
    subject to offset, reduction or mitigation for any reason whatsoever;
    provided, however, that if Executive should breach any other provision of
    this Agreement while he is receiving benefits pursuant to Sections 5(c)(ii)
    through 5(c)(v) above, all obligations of Corporation hereunder shall cease
    to be effective on the actual date of such breach.
         
         (e)  "Cause" as used in Section 5(a)(iv) shall mean only gross
    negligence, dishonesty, incompetence, a willful breach of this Agreement,
    or violation of any reasonable rule or regulation of the Board of
    Directors, the violation of which results in significant damage to
    Corporation and with respect to which, except in the case of incompetence
    or dishonesty, Executive fails to correct or make reasonable efforts to
    correct within a reasonable time after receipt of written notice thereof. 
    "Cause" shall be determined only by the affirmative vote of a majority of
    the authorized number of the Board of Directors (excluding, for


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    this purpose, Executive) at a meeting for which notice has been given that
    it is proposed to consider the issue of "Cause" or at a meeting occurring
    not less than seven (7) days after a meeting at which one or more directors
    indicate an intention to present a motion to such effect.
         
         (f)  If Corporation should terminate this Agreement pursuant to
    Section 5(a)(iv), this Agreement shall terminate immediately or at such
    later date as shall be designated by the Board of Directors and all of
    Executive's rights hereunder shall terminate effective upon such
    termination.  Except as otherwise specified in any notice of termination,
    Executive shall not continue thereafter to be an employee of Corporation
    for any purpose and all rights Executive might thereafter have as an
    employee pursuant to any plan or understanding shall cease.
         
    6.   CONFIDENTIAL INFORMATION.  Executive agrees that he will not at any
time, both during and after the term of this Agreement, divulge, furnish or make
accessible to any party (except to an entity which shall succeed to the business
of Corporation or its subsidiaries, and except as may be required in the conduct
of the regular course of business of Corporation or its subsidiaries, or as
specifically authorized by the Board of Directors or as may be required by law)
any trade secrets, patents, patent applications, inventions or customers of
Corporation or of any subsidiary of Corporation until such time as such
information has been disclosed to the public otherwise than by Executive.
    
    7.   RESTRICTIVE COVENANT DURING TERM.  Executive agrees that until the
Last Day of the Stated Term, he will neither directly nor indirectly engage in a
business competing with any of the businesses conducted by Corporation or any of
its subsidiaries, nor without the prior written consent of the Board of
Directors, directly or indirectly, have any interest in, own, manage, operate,
control, be connected with as a stockholder,


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joint venturer, officer, employee, partner or consultant, or otherwise engage,
invest or participate in any business which shall be competitive with any of the
businesses conducted by Corporation, or by any subsidiary of Corporation;
provided, however, nothing contained in this Section 7 shall prevent Executive
from investing or trading in stocks, bonds, commodities, securities, real
estate, or other forms of investment for his own benefit (directly or
indirectly), so long as such investment activities do not significantly
interfere with Executive's services to be rendered hereunder and, to the extent
that such investment activities would, but for this proviso, be prohibited
hereby, would not be material either to Executive or the concern in which such
investment is made.
    
    8.   APPROVAL BY CORPORATION.  This Agreement has been approved by the
Board of Directors in accordance with the authority granted and restrictions
imposed by action of the Board of Directors.  It shall be executed by the Chief
Executive Officer or other duly qualified officer.
    
    9.   WAIVER OR MODIFICATION.  Any waiver, alteration or modification of any
of the provisions of this Agreement or cancellation or replacement of this
Agreement shall not be valid unless made in writing and signed by the parties
hereto.
    
    10.  CONSTRUCTION.  Except as to matters of internal corporate policy and
regulation, which shall be governed by the laws of the State of Delaware (the
state of incorporation of Corporation), this Agreement shall be governed by the
laws of the State of California.  If any litigation shall occur between
Executive and Corporation which litigation arises out of or as a result of this
Agreement or the acts of the parties hereto pursuant to this Agreement, or which
seeks an interpretation of this Agreement, the prevailing party shall be
entitled to recover all costs and expenses of such litigation,


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including reasonable attorneys' fees and costs.
    
    11.  BINDING EFFECT.
    
         (a)  The rights and obligations of Corporation under this Agreement
    shall be binding upon any successor or assigns of Corporation.  In the
    event of any consolidation or merger of Corporation into or with another
    corporation, such other corporation shall assume this Agreement and shall
    become obligated to perform all of the terms and conditions hereof, and
    Executive's obligations hereunder shall continue in favor of such other
    corporation.
         
         (b)  If Corporation shall adopt a plan of liquidation or be or become
    a party to any action which has the substantive effect of finally
    terminating its business and affairs, all sums which would have been
    payable to Executive during the remaining term of this Agreement (assuming
    the continuation of Executive's then salary through the Last Day of the
    Stated Term) shall become due and payable to Executive not later than the
    effective date of such plan or action; except in the case of a liquidation
    of Corporation into an acquiring company or subsidiary of such acquiring
    company after a consolidation or merger of Corporation into or with another
    corporation, and the rights and obligations of Corporation under this
    Agreement are expressly assumed by the acquiring company as part of the
    plan of liquidation.
         
         (c)  This Agreement supersedes all prior and contemporaneous
    agreements, amendments, memoranda or understandings, express or implied and
    written or oral, between Corporation and Executive.
         

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    12.  WAIVER.  Waiver by either party of a breach of any provision of this
Agreement shall not operate or be construed as a waiver of any subsequent breach
of any other provision of this Agreement.
    
    13.  COUNTERPARTS.  This Agreement may be executed in any number of
identical counterparts, each of which shall be construed as an original for all
purposes, but all of which taken together shall constitute one and the same
Agreement.
    
    14.  NOTICES.  Any notice required or permitted to be given under this
Agreement shall be in writing and shall be deemed to be effective (i) upon
receipt if delivered in person, (ii) upon receipt if sent by registered or
certified United States mail, return receipt requested and postage and fees
prepaid, to the addresses of the parties set forth below, or such other address
as shall be furnished by notice hereunder by any such party or (iii) twenty-four
hours after having been sent by Federal Express or other overnight delivery
service to such address:

         Corporation:        500 North State College Boulevard
                             Suite 700
                             Orange, California 92868

         Executive:          451 Peralta Hills Drive
                             Anaheim, California 92807

No failure or refusal to accept delivery of any envelope containing such notice
shall affect the validity of such notice or the giving thereof.

    15.  TERMINATION AFTER CHANGE IN CONTROL.

         (a)  Cumulative to any other provision of the Employment Agreement,
    if, within two years after a change in control of Corporation, Executive's 


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    employment with Corporation terminates for any reason, either voluntarily
    or involuntarily, other than by death, permanent disability or retirement
    at or after Executive's normal retirement date under Corporation's
    Retirement Plan, Corporation promptly will pay Executive, upon Executive's
    request, as termination compensation, a lump sum amount, determined as
    provided in subsection (b) of this Section 15, and such other amounts as
    are provided in subsection (c) of this Section 15.  For purposes of this
    Section, a "change in control of Corporation" shall mean a change in
    control of a nature that would be required to be reported in response to
    Item 6(e) of Schedule 14A of Regulation 14A promulgated under the
    Securities Exchange Act of 1934, as amended (the "Exchange Act"); provided
    that, without limitation, such a change in control of Corporation shall be
    deemed to have occurred if (i) any "person" (as such term is used in
    Sections 13(d) and 14(d)(2) of the Exchange Act) is or becomes the
    beneficial owner, directly or indirectly, of securities of Corporation
    representing 40% or more of the combined voting power of Corporation's then
    outstanding securities; or (ii) during any period of two consecutive years,
    individuals who at the beginning of such period constitute the Board of
    Directors of Corporation cease for any reason to constitute at least a
    majority thereof unless the election of each new director was approved by a
    vote of at least two-thirds of the directors then still in office who were
    directors at the beginning of the period.
         
         (b)  The lump sum compensation payable to Executive (the "Severance
    Payment") shall be equal to the average annual compensation (including
    salary and bonuses under the Corporate Management Incentive Compensation
    Plan or any predecessor or successor annual incentive compensation plan)
    paid or payable by Corporation to Executive during the five most recent
    calendar years ending before the date of the change in control of
    Corporation (the "Base Amount")


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    multiplied by 2.99; provided, however, if Executive voluntarily terminates
    his employment with Corporation, except after (i) any material adverse
    change in Executive's duties, location of employment or benefits, or (ii)
    any material adverse change to Executive in the application of the formula
    of the Corporate Management Incentive Compensation Plan or any modification
    in Corporation's accounting methods or practices materially adverse to
    Executive, including the assessment of a management fee, then the Severance
    Payment shall be equal to the highest annual compensation (including salary
    and bonuses under the Corporate Management Incentive Compensation Plan or
    any successor annual incentive compensation plan) paid or payable by
    Corporation to Executive for services rendered in any one of the three
    calendar years ending with the year of such termination.

         (c)  In addition, if Executive's employment with Corporation so
    terminates within two (2) years after such a change in control of
    Corporation:

              (i)   any bonus awards previously made to Executive and not
         previously paid immediately shall vest upon such termination and shall
         be paid;
              
              (ii)  Executive's participation in, and terminating distributions
         and vested rights under, any applicable retirement plan, profit
         sharing plan and stock incentive plan of Corporation or any of its
         subsidiaries shall be governed by the terms of those respective plans;
         and
              
              (iii) In the event of termination of employment under the
         circumstances described in subsection (a) of this Section 15, the 


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         arrangements provided for by this Section 15, by any stock option or
         other agreement between Corporation and Executive in effect at the
         time and by any other applicable plan of Corporation shall constitute
         the entire obligation of Corporation to Executive and performance
         thereof shall constitute full settlement of any claim that Executive
         might otherwise assert against Corporation on account of such
         termination, provided, however, that this provision and this Agreement
         shall have no impact on the obligations of Corporation under that
         certain Indemnification Agreement dated August 4, 1993 between
         Corporation and Executive.
              
         (d)  Notwithstanding any provision in this Agreement to the contrary,
    in the event that any payment or benefit received or to be received by
    Executive in connection with a change in control of Corporation or the
    termination of Executive's employment, whether payable pursuant to the
    terms of this Agreement or any other plan, arrangement or agreement with
    Corporation (collectively the "Total Payments"), would not be deductible
    (in whole or part) as a result of Section 280G of the Code, the Severance
    Payment shall be reduced until no portion of the Total Payments is not
    deductible as a result of Section 280G of the Code, or the Severance
    Payment is reduced to zero.  For purposes of this limitation, (i) no
    portion of the Total Payments, the receipt or enjoyment of which Executive
    shall have effectively waived in writing prior to the date of payment of
    the Severance Payment, shall be taken into account, (ii) no portion of the
    Total Payments shall be taken into account which, in the opinion of tax
    counsel selected by Corporation's independent auditors and acceptable to
    Executive, does not constitute a "parachute payment" within the meaning of
    Section 280G(b)(2) of the Code, (iii) the Severance Payment shall be
    reduced only to the extent necessary so that the Total Payments (excluding
    payments referred to in clause (i) or (ii)) in


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    their entirety constitute reasonable compensation for services actually
    rendered within the meaning of Section 280G(b)(4) of the Code, in the
    opinion of the tax counsel referred to in clause (ii); and (iv) the value
    of any non-cash benefit or any deferred payment or benefit included in the
    Total Payments shall be determined by Corporation's independent auditors in
    accordance with the principles of Sections 280G(d)(3) and (4) of the Code.

    16.  CANCELLATION OF PRIOR EMPLOYMENT AGREEMENT.  Corporation and Executive
agree that the Prior Employment Agreement hereby is canceled as of the date
hereof and shall be of no further force and effect.


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    IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year first above written.

                                            CORPORATION:
         
                                            WYNN'S INTERNATIONAL, INC.
         
         
                                            By   /s/ James Carroll
                                                -------------------------------
                                               James Carroll
                                               Chairman of the Board and Chief
                                                Executive Officer


                                            EXECUTIVE:
         
         
                                            /s/ Gregg M. Gibbons
                                             ----------------------------------
                                            Gregg M. Gibbons



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