EXHIBIT 10.10

                                COMPOSITECH LTD.
                      AMENDED AND RESTATED STOCK AWARD PLAN


     1. Purpose
        -------


     The purpose of this Stock Award Plan (the "Plan") is to provide to selected
officers, directors, employees and consultants and other non-employee
individuals providing or expected to provide valuable services contributing to
the growth and success of Compositech Ltd. (the "Company"), an opportunity to
obtain or increase a proprietary interest in the Company, or to benefit from the
appreciation in the value of the Company's Common Stock, par value $0.01 per
share (the"Common Stock"), as an incentive to such persons to continue and to
increase their efforts to benefit the Company and to continue their relationship
with the Company.

     2. Administration
        --------------

     The Plan shall be administered by, and all decisions and determinations
concerning the Plan shall be made solely by, the Award Committee or any
successor committee (the "Committee") appointed by the Board of Directors of the
Company (the "Board"). The Committee shall consist of no less than three
"non-employee directors," as such term is defined in Rule 16b-3(b)(3) under the
Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Committee
may establish, modify or rescind any rules or regulations for the conduct of its
business and the administration of the Plan, in any case, not inconsistent with
the express provisions of the Plan, the By-laws or the Restated Certificate of
Incorporation of the Company or any resolutions of the Board. Any decision of
the Committee in the administration of the Plan, shall be final, conclusive and
binding on all persons. Any action of the Committee shall be taken by a vote or
written consent of a majority of its members except that the members of the
Committee may authorize any one or more of their number to execute and deliver
documents on behalf of the Committee. No member of the Committee shall be liable
for any action taken, or determination made, in good faith.

     3. Eligibility and Participation
        -----------------------------

     Officers, directors and employees of the Company shall be eligible for
selection to participate in the Plan. Non-employee individuals, providing or
expected to provide valuable services to the Company, as the Committee may
determine, also shall be eligible for selection to participate in the Plan.
Notwithstanding the foregoing, only persons employed by the Company (or any
subsidiary thereof) shall be eligible to receive options intended to meet the
requirements of Section 422 of the Internal Revenue Code of 1986, as amended
("Incentive Stock Options" or "ISOs"), hereunder.

     4. Awards under the Plan
        ---------------------

     (a) "Awards" under the Plan shall mean and include any one or a combination
of ISOs, nonqualified stock options ("NQSOs," and together with ISOs, "Options")
and shares of Common Stock subject to restrictions  ("Restricted Stock"). Awards
shall be represented by, or issued  pursuant to,  agreements in such form as the
Committee  may from time to time  approve,  which  agreements  need not  contain
uniform  terms and  conditions  but shall  comply with and be subject to all the
terms,  conditions  and  restrictions  of the  Plan  ("Award  Agreements").  The
Committee  shall have the  authority to accelerate  the vesting  periods for all
Options granted by the Committee under the Plan.


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     (b) Subject to  adjustment  as provided in paragraph 7 below,  there may be
issued  under the Plan  pursuant  to Awards  an  aggregate  of not more than One
Million One Hundred  Seventy-Five  Thousand  (1,175,000) shares of Common Stock;
provided,  however,  that if an Option shall expire or terminate  without having
been exercised in full, or if any shares of Restricted  Stock shall be forfeited
by a recipient  thereof,  any unissued shares of Common Stock which were covered
by that Award may be added to the shares  otherwise  available  for Awards to be
granted  pursuant  to the Plan.  The  Company  hereby  reserves  One Million One
Hundred  Seventy-Five  Thousand  (1,175,000) shares of Common Stock for issuance
under the Plan.

     (c) A participant who has been awarded an Option  hereunder (an "Optionee")
(and any person  succeeding to the Optionee's  rights pursuant hereto) shall not
have any rights as a  stockholder  with  respect  to any shares of Common  Stock
issuable  pursuant  to any  Option  until  the date of the  issuance  of a stock
certificate  to the Optionee  for the shares.  Except as provided in paragraph 7
below, no adjustment shall be made for dividends,  distributions or other rights
(whether  ordinary or  extraordinary,  and whether in cash,  securities or other
property) for which the record date is prior to the date a stock  certificate is
issued.  A participant who has been awarded  Restricted  Stock hereunder  shall,
except for the  restrictions on transfer,  be the owner of such Restricted Stock
and shall have all the rights of a stockholder.

     5. Options
        -------

     Each Option granted under the Plan shall comply with the following terms
and conditions:

     (a) An Option  exercise  price shall be  determined by the Committee in its
sole  discretion,  but in the case of an ISO, such  exercise  price shall be not
less than the Fair Market Value, as hereinafter  defined, of the Common Stock on
the date of grant.

     (b) The term of an Option shall be determined by the  Committee,  but in no
event shall any ISO be  exercisable  more than ten years after the date on which
it was granted.

     (c) An Option shall not be transferable  by the Optionee  otherwise than by
will or the applicable laws of descent and distribution and shall be exercisable
during the Optionee's lifetime only by the Optionee.

     (d) An Option shall not be exercisable:

          (i) prior to six months from the date it is granted;

          (ii)  unless  payment in full is made for the  shares of Common  Stock
being  acquired  thereunder at the time of exercise (A) in United States dollars
by cash or check,  (B) by tendering to the Company  shares of Common Stock owned
by the person  exercising the Option and having a Fair Market Value equal to the
cash price  applicable  to the Option,  (C) by a  combination  of United  States
dollars and shares of Common Stock as aforesaid,  or (D) with the prior approval
of the  Committee,  by tendering to the Company a promissory  note on which such
person  exercising  the  Option  is  personally  liable  and  which is in a form
satisfactory to the Committee; and

          (iii) unless the person exercising the Option fulfills the eligibility
requirements in paragraph 3 above at all times during the period  beginning with
the date of grant of the Option and ending on the date of such exercise,  except
that each Award Agreement with respect to an Option may specify the


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conditions and circumstances under which an unexercised Option may or may not be
exercised  in the  event  that the  relationship  between  the  Company  and the
Optionee is terminated prior to the expiration date of the Option.

     (e)  An  outstanding,   unexercised  and  unexpired   Option  shall  become
exercisable in full in the event of a "change in control" of the Company and the
Committee  may in its  discretion  provide that in such event such  outstanding,
unexercised  and unexpired  Options may be surrendered for cash in the amount by
which the fair  market  value of the  Company's  Common  Stock  subject  to such
Options  immediately  prior to the  "change in  control"  as  determined  by the
Committee  exceeds the  exercise  price of such Common  Stock at such time.  The
Committee  also has the  discretion  to provide that Options will continue to be
exercisable  following  the change in control for the  consideration  that would
have been  receivable  at the time of the change in control if the  options  had
been exercised  immediately prior thereto. A "change in control" means generally
(i) the merger or  consolidation of the Company as a result of which the Company
is not the surviving  entity,  (ii) the sale of all or substantially  all of the
assets of the Company, (iii) the acquisition by another person of 80% or more of
the then  outstanding  shares  of  Common  Stock  or (iv) the  recapitalization,
reorganization, dissolution or liquidation of the Company.

     For purposes hereof "Fair Market Value" shall mean the fair market value
per share of the Company's Common Stock as determined by the Committee in good
faith; provided, however, that if the Company's Common Stock is listed or
admitted to trading on a securities exchange registered under the Exchange Act,
or as a national market security on the National Association of Securities
Dealers, Inc., Automated Quotations System ("NASDAQ") or any similar system then
in use, the Fair Market Value per share shall be the average of the reported
high and low sales price on the date in question (or if there was no reported
sale on such date, on the last preceding date on which any reported sale
occurred) on the principal securities exchange or system on which such share is
listed or admitted to trading, or if a share is not listed or admitted to
trading on any such exchange and is not listed as national market security on
NASDAQ but is quoted on NASDAQ or any similar system then in use, the Fair
Market Value per share shall be the average of the closing high bid and low
asked quotations on such system for such share on the date in question.

     6. Restricted Stock
        ----------------

     An Award of Restricted Stock hereunder shall entitle the holder thereof to
receive shares of Common Stock which shall be forfeited if the relationship
between the Company and such holder terminates during the Restricted Period, as
defined below, for any reason other than those set forth in the related Award
Agreement. For purposes hereof, "Restricted Period" shall mean that period as
determined by the Committee during which the shares of Restricted Stock awarded
to a participant may be forfeited. The Committee may at any time provide that a
Restricted Period shall terminate upon the attainment of any performance
objective established by the Committee. Upon termination of the Restricted
Period, the shares of Restricted Stock shall be delivered to the recipient free
and clear of all such restrictions.

     7. Dilution and Other Adjustment
        -----------------------------

     In the event of any change in the outstanding shares of Common Stock of the
Company by reason of any stock split, stock dividend, recapitalization, merger,
consolidation, reorganization, combination or exchange of shares or other
similar event, the number or kind of shares issued, or that may be issued under
the Plan pursuant to paragraph 4 above shall be automatically adjusted to give
effect to the occurrence of such event (and, in the case of an Option, the
number or kind of shares subject to, or the Option price per share under, any
outstanding Option shall be automatically adjusted) so that the


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proportionate interest of the participant shall be maintained as before the
occurrence of such event. Any adjustment in outstanding Options pursuant to this
paragraph 7 shall be made without change in the total Option exercise price
applicable to the unexercised portion of such Options and with a corresponding
adjustment in the Option exercise price per share. No fractional shares of
Common Stock shall be issued pursuant to any adjustment referred to herein, and
any fractions resulting from any such adjustment shall be eliminated in each
case by rounding downward to the nearest whole share. Any adjustment made
pursuant to this paragraph 7 shall be conclusive and binding for all purposes of
the Plan.

     8. Miscellaneous
        -------------

     (a) No person  shall have any claim or right to be  granted an Award  under
the Plan.  Neither the Plan nor any action taken hereunder shall be construed as
giving  any  person any right to be  retained  in any way in the  service of the
Company.

     (b) No shares of Common Stock shall be issued  hereunder unless counsel for
the Company  shall be satisfied,  that such issuance will be in compliance  with
applicable federal, state and other securities laws.

     (c) It shall be a  condition  to the  obligation  of the  Company  to issue
shares of Common  Stock upon  exercise  of an Option,  or  deliver  shares  upon
termination of a Restricted Period, as the case may be, that the participant (or
any  beneficiary or person  entitled to act under  paragraph 9 below) pay to the
Company, upon its demand, any taxes required to be withheld.

     (d) The expenses of the Plan shall be borne by the Company.

     (e)  By  accepting  any  Award  or  other  benefit  under  the  Plan,  each
participant  and each person claiming under or through him shall be conclusively
deemed to have indicated his acceptance and ratification of, and consent to, any
action taken under the Plan by the Company or the Committee.

     9. Total Disability or Death
        -------------------------

     (a) Except as  otherwise  provided in the Award  Agreement,  if an employee
Optionee  terminates  employment  with the  Company as the  result,  in the sole
judgment of the Committee,  of his becoming totally disabled, the Optionee shall
be  entitled to  exercise  any Option to the extent his right to  exercise  such
Option  had  accrued  at the  date  of  termination  of  employment  and had not
previously been exercised,  for a period of three months after such termination,
subject, in any case, to all other provisions of the Plan.

     (b) Except as otherwise  provided in the Award  Agreement,  if the employee
Optionee should die either (i) while employed by the Company, or (ii) during any
period in which the Optionee may exercise the Option  following  termination  of
employment,  then the person or persons to whom the Optionee's  rights under the
Option shall pass by will or by the applicable laws of descent and  distribution
(including, without limitation, the executors,  administrators or other personal
representatives  of the  Optionee  or his or her  estate)  shall be  entitled to
exercise the Option to the extent his right to exercise  such Option had accrued
at the date of termination of employment and had not previously  been exercised,
for a period of twelve months from the date of such death, subject, in any case,
to all other provisions of the Plan.


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     10. Amendment or Termination
         ------------------------

     The Plan may be terminated at any time or amended at any time or from time
to time by the Committee as the Committee shall deem advisable; provided,
however, that except as provided in paragraph 7 above, the Committee may not,
without further approval by the stockholders of the Company, increase the
maximum number of shares of Common Stock as to which Options may be granted, or
awarded as Restricted Stock, under the Plan, materially increase the benefits
accruing to participants under the Plan or change the class of persons eligible
to receive Awards under the Plan. No amendment or termination of the Plan shall
materially and adversely affect any right of any participant with respect to any
Award theretofore granted without such participant's written consent. No ISO may
be granted after the tenth anniversary of the effective date of the Plan.

     11. Effectiveness
         -------------

     The Plan shall not be effective and no Award granted hereunder shall have
effect unless and until the Plan has been approved and adopted by a majority in
voting power of the stockholders of the Company.



Amended June 24, 1997


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