Document:

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                                       10A

                       Purchase Agreement with Aqua Vision

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                               PURCHASE AGREEMENT

                                     between

                   SEYCHELLE ENVIRONMENTAL TECHNOLOGIES, INC.
                                  ("Purchaser")

                                       and

         The TAM Irrevocable Trust and Select Property Investments, LLC
                            (Collectively "Sellers")

                                JANUARY 31, 1998

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TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                               Page
                                                                                               ----

<S>      <C>                                                                                   <C>
1.       PURCHASE AND SALE OF ASSETS ...........................................................   1
         1.1      Purchase and Sale of Assets ..................................................   1
         1.2      Assumption of Certain Liabilities ............................................   3
         1.3      Other Liabilities Not Assumed ................................................   3
         1.4      Assignment of Certain Contracts ..............................................   4
         1.5      Instruments of Conveyance, Assumption, or Assignment .........................   5

2.       PURCHASE PRICE ........................................................................   5
         2.1      Purchase Price ...............................................................   5

3.       CLOSING ...............................................................................   6
         3.1      Closing ......................................................................   6

4.       TAXES AND PREPAID ITEMS ...............................................................   6

5.       REPRESENTATIONS AND WARRANTIES OF SELLERS .............................................   6
         5.1      Organization and Authority ...................................................   6
         5.2      Due Authorization; Effect of Transaction .....................................   6
         5.3      Financial Statements .........................................................   7
         5.4      Accounts Receivable ..........................................................   7
         5.5      Liabilities ..................................................................   7
         5.6      Distributions ................................................................   8
         5.7      Subsidiaries .................................................................   8
         5.8      Personal Properties ..........................................................   8
         5.9      Material Contracts and Arrangements ..........................................   9
         5.10     Ordinary Course of Business ..................................................   9
         5.11     Litigation and Compliance with Laws .........................................   11
         5.12     Tax Returns ..................................................................  11
         5.13     Environmental Matters ........................................................  12
         5.14     Trademarks, Trade Secrets, Licenses, Etc .....................................  13
         5.15     Insurance Policies ...........................................................  13
         5.16     Extraordinary Events .........................................................  13
         5.17     Adverse Restrictions .........................................................  14
         5.18     Material Information .........................................................  14
         5.19     Products in Warranty .........................................................  14
         5.20     Certain Transactions .........................................................  14
         5.21     No Governmental Authorizations or Approvals Required .........................  15
         5.22     Continuing Representations ...................................................  15

6.       REPRESENTATIONS, WARRANTIES, AND AGREEMENTS OF PURCHASER ..............................  15
         6.1      Due Authorization; Effect of Transaction .....................................  15
         6.2      Continuing Representations ...................................................  15

7.       COVENANTS AND AGREEMENTS ..............................................................  16
</TABLE>

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<TABLE>
<S>      <C>                                                                                   <C>
         7.1      Sellers' Covenants and Agreements Pending Final Delivery of All Documents ....  16

8.       CONDITIONS OF PURCHASER'S OBLIGATIONS .................................................  17
         8.1      No Opposition ................................................................  17
         8.2      Permits, Etc .................................................................  17
         8.3      Insurance ....................................................................  18
         8.4      Representations and Covenants ................................................  18
         8.5      Instruments of Transfer ......................................................  18
         8.6      Tax Waiver ...................................................................  18
         8.7      Tax Allocation ...............................................................  18
         8.8      Solvency Certificate .........................................................  18
         8.9      Diligence ....................................................................  18

9.       CONDITIONS OF SELLERS' OBLIGATIONS ....................................................  19
         9.1      Representations and Covenants ................................................  19
         9.2      No Opposition ................................................................  19

10.      INDEMNIFICATION BY SELLERS ............................................................  19
         10.1     Indemnification ..............................................................  19
         10.2     Notice of Claim ..............................................................  21
         10.3     Set-Off or Reimbursement .....................................................  22

11.      INDEMNIFICATION BY PURCHASER ..........................................................  22
         11.1     Indemnification ..............................................................  22
         11.2     Notice of Claim ..............................................................  23

12.      BULK SALES ACT ........................................................................  24

13.      BROKERAGE FEE .........................................................................  24

14.      AMENDMENTS; WAIVERS ...................................................................  25

15.      ASSIGNMENT; SUCCESSORS AND ASSIGNS ....................................................  25

16.      SEVERABILITY ..........................................................................  25

17.      COUNTERPARTS ..........................................................................  26

18.      SECTION AND OTHER HEADINGS ............................................................  26

19.      NOTICES ...............................................................................  26

19.      GENDER ................................................................................  27

20.      LAW TO GOVERN .........................................................................  27

21.      COURTS ................................................................................  27
</TABLE>

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                               PURCHASE AGREEMENT

         THIS PURCHASE AGREEMENT (this "Agreement"), entered into this 31st day
         of January, 1998 by and between SEYCHELLE ENVIRONMENTAL TECHNOLOGIES,
         INC, a Nevada corporation ("Purchaser"), and THE TAM IRREVOCABLE TRUST,
         a California Trust and SELECT PROPERTY INVESTMENTS, LLC, a Nevada
         Limited Liability Company (collectively, "Sellers");

                          W I T N E S S E T H  T H A T:

         WHEREAS, Purchaser desires to purchase and Sellers desire to sell and
         convey to Purchaser all of the assets of AQUA VISION INTERNATIONAL, a
         California sole proprietorship, upon the terms and subject to the
         conditions set forth herein; and

         WHEREAS, Purchaser is willing to assume certain specified liabilities
         of Sellers;

         NOW, THEREFORE, in consideration of the agreements of the parties
         hereto, and intending to be legally bound hereby, the parties hereto
         agree as follows:

1.       PURCHASE AND SALE OF ASSETS.

         1.1 Purchase and Sale of Assets. At the Closing (as defined in Section
         3), Sellers agree to sell, convey, transfer, assign, and deliver to
         Purchaser, and Purchaser agrees to purchase from Sellers, for the
         purchase price hereinafter specified, all of the assets, properties,
         and business of every kind and description and wherever situated used
         by Sellers in the operation of AQUA VISION INTERNATIONAL, as more
         specifically listed in the Schedule of Assets attached hereto (the
         "Assets"). Without limiting the generality of the foregoing, the Assets
         to be acquired by Purchaser hereunder shall include:

              (a) All of Sellers' goodwill and business as a going concern
         relating to the operation of AQUA VISION INTERNATIONAL, including the
         name "AQUA VISION INTERNATIONAL", or any variation thereof.

              (b) All of Sellers' accounts receivable relating to the operation
         of AQUA VISION INTERNATIONAL (a recent listing of which is attached
         hereto), including miscellaneous accounts receivable, and notes
         receivable or other rights to receive payments, whether arising out of
         the manufacture, sale, distribution, or use of AQUA VISION
         INTERNATIONAL'S products, technology, services, or otherwise.

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              (c) All of Sellers' inventories of finished goods,
         work-in-process, raw materials, and other miscellaneous supplies and
         materials relating to the operation of AQUA VISION INTERNATIONAL (a
         recent listing of which is attached hereto).

              (d) All of Sellers' prepaid expenses relating to the operation of
         AQUA VISION INTERNATIONAL (excluding those, if any, pertaining to
         taxes, to pension or other benefits plans, or to insurance policies
         that are listed on any Schedule as not to be acquired by Purchaser
         pursuant to this Agreement).

              (e) All machinery, equipment, tools, molds, motor vehicles,
         transportation, packing and delivery equipment and supplies, furniture
         and fixtures of every kind and description owned by Seller or ordered
         by it and used in the operation of AQUA VISION INTERNATIONAL (a recent
         listing of which is attached hereto) on or before the Closing Date (as
         defined in Section 3).

              (f) All of Sellers' right, title, and interest of every kind and
         description in and to the following assets relating to the operation of
         AQUA VISION INTERNATIONAL:

                   (i) All of Sellers' rights and privileges under "Assigned
              Contracts" (as defined in Section 1.4) and unfilled purchase and
              sales orders.

                   (ii) All of Sellers' rights to or under all trademarks,
              service marks, certification marks, United States and foreign
              trademark registrations and applications, trade names, copyrights,
              United States and foreign patents and patent applications, if any,
              relating to the operation of AQUA VISION INTERNATIONAL including
              international priority rights associated therewith, and all patent
              and other license, trade secrets, inventions, and royalties and
              rights to sue for past infringements, including, without
              limitation, those items listed or otherwise described on the
              Schedules hereto.

                   (iii) All of Sellers' customer lists, uncollected invoices,
              credit files, payroll records, schedules of fixed assets, books of
              account, contracts, sales representation agreements, and sales
              agency agreements (if any), files, papers, books, records,
              designs, drawings, specifications and engineering data, and all

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              other public or confidential business records, in each case to the
              extent related to the operation of AQUA VISION INTERNATIONAL, and
              to the extent reasonably required for the orderly continuation of
              the business operations of AQUA VISION INTERNATIONAL (excluding
              the minute books, stock books or organizational documents,
              including trust agreements, of Sellers, and any other business
              records of Sellers unrelated to the operations of AQUA VISION
              INTERNATIONAL)(collectively, the "Business Records").

              (g) Except as otherwise specified on the Schedules hereto, all of
         Sellers' causes of action, judgements, claims and demands of whatever
         nature, memberships, agencies and permits, claims for refunds and
         rights of offset and credits, to the extent related to the operation of
         AQUA VISION INTERNATIONAL, and all to the extent that they are
         assignable by Sellers.

         1.2 Assumption of Certain Liabilities. Purchaser shall assume as of the
         date of this Agreement those liabilities of Sellers specifically listed
         on the Schedule of Assumed Liabilities hereto (the "Assumed
         Liabilities"), and Purchaser shall not assume, incur, guarantee, or be
         otherwise obligated with respect to any liability whatsoever of Sellers
         other than as so stated. With respect to any Assumed Liability, such
         assumption by Purchaser is for the benefit only of the Sellers and
         shall not expand, increase, broaden, or enlarge the rights or remedies
         of any other party, nor create in any other party any right against
         Purchaser that such party would not have against Sellers if this
         Agreement had not been consummated.

         1.3 Other Liabilities Not Assumed. Purchaser shall not assume any
         liabilities of Sellers that are not listed on the Schedule of Assumed
         Liabilities, and, with respect to each Assumed Liability listed on the
         Schedule of Assumed Liabilities, Purchaser does not assume and shall
         not have or be under any liability or obligation over and above any
         amount, or after the occurrence of any limitation or expiration date,
         of such liability or obligation stated on such schedule. Without
         limiting the generality of the foregoing and except as otherwise
         provided on the Schedule of Assumed Liabilities, the Assumed
         Liabilities will not include, and Purchaser shall not assume under this
         Agreement, any of the following obligations or liabilities of Sellers:

              (a) Any cost, expense, or tax liability of Sellers arising from or
         growing out of the sale provided for by this Agreement.

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              (b) Any debt, obligation, or liability to any person or any entity
         owned or controlled in whole or in part by Sellers under any sales,
         representation, or similar agreement not identified as an Assigned
         Contract (as defined below).

              (c) Any debt, liability, or obligation of Sellers (or costs and
         expenses in connection therewith) to the extent that such debt,
         liability, or obligation is actually satisfied or paid on behalf of
         Sellers by an insurer or insurers under a policy issued to such
         Sellers.

              (d) Any liability or obligation arising from any violation by
         Sellers or by their employees or agents of any statute (or rule or
         regulation thereunder) or executive regulation of the United States or
         any State or any political subdivision or agency thereof or any
         statutes (or rule or regulation thereunder) or executive,
         administrative, or quasi-judicial regulation of any foreign government.

              (e) Any liability or obligation whose existence violates or is
         contrary to any representation or warranty of Sellers.

              (f) Federal and other domestic or foreign income tax or other tax
         liabilities known or unknown, existing, or arising from operations
         prior to the Closing.

              (g) Any liability or obligation for or arising under any claim for
         workers' compensation or for any tort, breach of any legal duty, breach
         or violation of any contract or violation or breach of any law,
         statute, ordinance, rule, regulation, injunction, or decree, or any
         liability or obligation for any "product liability" or other claim
         connected in any manner with any products, events, or activities
         produced or taking place prior to the Closing.

         1.4 Assignment of Certain Contracts. At the Closing, Purchaser shall
         succeed to the rights and privileges of Sellers, and shall assume the
         express obligations of Sellers performable after the Closing pursuant
         to those leases, insurance policies, contracts, and other agreements,
         and only those leases, insurance policies, contracts, and other
         agreements of Sellers that are listed as "Assigned Contracts" on the
         Disclosure Schedule hereto ("Assigned Contracts") as and in the form of
         the copies thereof (or, if oral, as and in the form of the written
         statements of the terms thereof) furnished or made available to
         Purchaser pursuant to Sections

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         5.9, 5.11, 5.12, and 5.18 hereto. Without limiting the generality of
         the foregoing, Purchaser shall not assume and shall have no liability
         with respect to any obligations of Sellers under any Assigned Contract
         (a) required therein to be performed by Sellers at or prior to the
         Closing or (b) arising out of any breach thereof not included in the
         copies (or written statements of the terms) of such Assigned Contracts
         delivered or made available to Purchaser pursuant hereto.

         1.5 Instruments of Conveyance, Assumption, or Assignment. The sale,
         conveyance, transfer, assignment, and delivery of the Assets, the
         Assigned Contracts and the assumption of the Assumed Liabilities, as
         herein provided, shall be effected by bills of sale, endorsements,
         assignments, deeds, drafts, checks, stock powers, or other instruments
         in such reasonable and customary form as shall be requested by
         Purchaser, and Sellers shall at any time and from time to time after
         the Closing, upon reasonable request, execute, acknowledge, and deliver
         such additional bills of sale, endorsements, assignments, deeds,
         drafts, checks, stock powers, or other instruments and take such other
         actions as may be reasonably required to effectuate the transactions
         contemplated by this Agreement.

2.       PURCHASE PRICE.

         2.1 Purchase Price. In consideration for the sale, conveyance,
         transfer, and delivery of the Assets and the Assigned Contracts and
         upon the terms and subject to the conditions set forth in this
         Agreement, Purchaser shall pay to Sellers the "Purchase Price", which
         shall be a cash payment of Nine Million Five Hundred Thousand
         Dollars($9,500,000), of which the sum of One Hundred Twenty-Five
         Thousand Dollars ($125,000) has already been paid. A payment of Six
         Million Eight Hundred Seventy-Five Thousand ($6,875,000) shall be paid
         in cash or certified funds at the Closing specified in Section 3 below.
         The remaining Two Million Five Hundred Thousand Dollars ($2,500,000)
         shall be due and payable in cash or certified funds as follows: One
         Million Dollars ($1,000,000) will be paid within sixty (60) days of the
         Closing specified in Section 3 below. An additional Five Hundred
         Thousand Dollars ($500,000) will be paid thereafter within each
         succeeding sixty (60) day period until the Purchase Price has been paid
         in full. The said payments under this paragraph shall be paid as
         follows: The TAM Irrevocable Trust, a California trust (60%); and
         Select Property Investments, LLC, a Nevada Limited Liability Company
         (40%).

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3.       CLOSING.

         3.1 Closing. The closing of the sale and purchase (the "Closing")
         shall take place at the offices of the Purchaser, as of January 31,
         1998(the "Closing Date"). At or after the Closing, Sellers shall
         deliver to Purchaser such bills of sale, endorsements, assignments,
         deeds, drafts, checks, stock powers, or other instruments as shall be
         effective to vest in Purchaser good and marketable title to the Assets
         subject to no liens, encumbrances, or rights in any other party
         whatsoever, except as are described in the Disclosure Schedule.

4.       TAXES AND PREPAID ITEMS.

         Except as otherwise provided herein, Sellers will pay all sales, use,
         franchise, and other taxes and charges, including, without limitation,
         ad valorem, or other taxes which may become payable in connection with
         the sale of the Assets pursuant to the terms of this Agreement, and any
         and all other taxes and charges accruing out of the operation of
         Sellers' businesses prior to the Closing Date.

5.       REPRESENTATIONS AND WARRANTIES OF SELLERS

         Sellers hereby represent and warrant, covenant and agree that:

         5.1 Organization and Authority. Aqua Vision International is a sole
         proprietorship duly organized, validly existing, and in good standing
         under the laws of its jurisdiction of operation and is duly qualified
         and in good standing in each other jurisdiction in which it owns or
         leases properties, conducts operations, or maintains a stock of goods,
         with full power and authority to carry on the business in which it is
         engaged (a true and correct list of each such jurisdiction is set forth
         in the Disclosure Schedule) and to execute and deliver and carry out
         the transactions contemplated by this Agreement.

         5.2 Due Authorization; Effect of Transaction. No provisions of any
         agreement, instrument, or understanding, or any judgment, decree, rule,
         or regulation, to which Aqua Vision International is a party or by
         which it is bound, has been or will be violated by the execution and
         delivery by Sellers of this Agreement or the performance or
         satisfaction of any agreement or condition herein contained upon its
         part to be performed or satisfied, and all requisite authorizations for
         such execution, delivery, performance, and satisfaction have been duly
         obtained. Upon execution and delivery, this

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         Agreement will be a legal, valid, and binding obligation of Sellers,
         enforceable in accordance with its terms.

         5.3 Financial Statements. Except as set forth on the Disclosure
         Schedule, Sellers have delivered to Purchaser the balance sheet of Aqua
         Vision International as at the close of its fiscal year for the year
         ending December 31, 1997, together with related consolidated statements
         of operations, consolidated statements of changes in owner's equity,
         and consolidated statements of cash flows for the year then ended. The
         financial statements specified above, including in each case the notes
         to such financial statements, are hereinafter sometimes collectively
         referred to as the "Financial Statements." All of the Financial
         Statements are true, correct, and complete, have been prepared in
         accordance with generally accepted accounting principles consistently
         followed throughout the periods (except as set forth in such notes or
         statements) and fairly present the financial condition of Aqua Vision
         International and the results of its operations as at the dates thereof
         and throughout the periods covered thereby. The Financial Statements
         reflect or provide for all claims against, and all debts and
         liabilities of, Aqua Vision International, fixed or contingent, as at
         the dates thereof, and there has not been any change between the date
         of the most recent Financial Statements and the date of this Agreement
         that has materially or adversely affected the business or properties or
         condition or prospects, financial or other, or results of operations of
         Aqua Vision International, and no fact or condition exists or is
         contemplated or threatened, which might cause any such change at any
         time in the future.

         5.4 Accounts Receivable. Subject to the bad debt reserve shown in the
         Financial Statements, all customer and trade notes and accounts
         receivable owned by Aqua Vision International on the date of the most
         recent balance sheet included in the Financial Statements are fully
         collectible in the aggregate, to the extent of the aggregate face value
         thereof as indicated on such balance sheet.

         5.5 Liabilities. Aqua Vision International has no liabilities of any
         nature, whether absolute, contingent, or otherwise, except as set forth
         in the most recent balance sheet included in the Financial Statements,
         other than liabilities subsequently incurred in the ordinary course of
         business. Aqua Vision International is not in breach or default or in
         arrears in respect of the terms or conditions of any such liabilities
         and no waiver or forbearance has been granted by any holder of any such
         liability with respect to

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         any such liability. All liabilities of Aqua Vision International, other
         than the Assumed Liabilities, will be paid in full on or before the
         Closing Date.

         5.6 Distributions. From the end of their most recent fiscal year to
         the date hereof Sellers have not made any distribution whatsoever,
         either in cash or other property with respect to Aqua Vision
         International.

         5.7 Subsidiaries. Aqua Vision International does not own, directly or
         indirectly, any of the capital stock of any corporation, association,
         trust or similar entity, any interest in the equity of any partnership
         or similar entity, any share in any joint venture, or any other equity
         or proprietary interest in any entity or enterprise, however organized
         and however such interest may be denominated or evidenced.

         5.8 Personal Properties. Sellers own and have good and marketable
         title to all the tangible and intangible personal property and assets,
         other than the leaseholds referred to in the Disclosure Schedule,
         reflected upon the most recent balance sheet included in the Financial
         Statements or used by Sellers in the business of AQUA VISION
         INTERNATIONAL if not so reflected, free and clear of all mortgages,
         liens, encumbrances, equities, claims, and obligations to other
         persons, of whatever kind and character, except as set forth in the
         Disclosure Schedule. The Disclosure Schedule contains an identification
         of certain major items of fixed assets and machinery and equipment.
         None of the fixed assets and machinery and equipment is subject to
         contracts of sale, and none is held by Sellers as lessee or as
         conditional sales vendee under any lease or conditional sales contract
         and none is subject to any title retention agreement, except as set
         forth in the Disclosure Schedule. The fixed assets and machinery and
         equipment, taken as a whole, are in a state of good repair and
         maintenance and are in good operating condition; inventory is up to
         normal commercial standards and no inventory that is obsolete or
         unmarketable is reflected in the most recent balance sheets included in
         the Financial Statements. All items included in such inventory are
         covered on the books of Aqua Vision International, and are valued on
         the Financial Statements at the lower of cost or market and, in any
         event, at not greater than their net realizable value, on an item by
         item basis. Upon the sale, assignment, transfer, and delivery of the
         Assets to Purchaser hereunder, there will be vested in Purchaser good
         and marketable title to the tangible and intangible personal property
         constituting a

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         part thereof, free and clear of all mortgages, liens, encumbrances,
         equities, claims, and obligations to other persons, of whatever kind
         and character, except for the rights of third persons arising under
         contracts for the sale of inventory in the ordinary course of business,
         each of which is listed in the Disclosure Schedule.

         5.9 Material Contracts and Arrangements. Except as set forth in the
         Disclosure Schedule, Sellers have no contract or arrangement,
         including, without limitation, any commitments or obligations,
         contingent or otherwise, under any contract or arrangement (i) for the
         purchase or sale of inventory in excess of $1,000 in any one instance,
         (ii) for the purchase or sale of supplies, services or other items in
         excess of $500 in any one instance, (iii) for the purchase, sale or
         lease of any equipment or machinery, (iv) for the performance of
         service for others in excess of $500 in any one instance, or (v)
         extending beyond January 15, 1998. All contracts of less than $500 do
         not in the aggregate exceed $5,000, Each of such contracts and
         arrangements is valid, binding, subsisting, and enforceable in
         accordance with its terms and Sellers have performed all obligations
         required to be performed under any such contract or arrangement and are
         not in breach or default or in arrears in any material respect or in
         any other respect that would permit the other party to cancel such
         contract or arrangement under the terms thereof. To the best knowledge
         of Sellers after due inquiry, each of the contracts, if any, set forth
         in the Disclosure Schedule calling for the performance of services or
         the sale of inventory can be satisfied or performed by Sellers without
         any loss to them.

         5.10 Ordinary Course of Business. Sellers, from the date of the balance
         sheet of Aqua Vision International contained in the most recent
         Financial Statements to the date hereof,

              (a) have operated the business of Aqua Vision International in the
         normal, usual, and customary manner and in the ordinary and regular
         course of business;

              (b) have not sold or otherwise disposed of any of the properties
         or assets of Aqua Vision International, other than inventory sold in
         the ordinary course of business;

              (c) except in each case in the ordinary course of business,

                   (i) have not amended or terminated any outstanding lease,
              contract, or agreement,

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                   (ii) have not incurred any obligations or liabilities (fixed,
              contingent, or other), and

                   (iii) have not entered any commitments;

              (d) have not made any transactions outside the ordinary course of
         business in the inventory of Aqua Vision International or any additions
         to its property or any purchases of machinery or equipment, except for
         normal maintenance and replacements;

              (e) have not discharged or satisfied any lien or encumbrance or
         paid any obligation or liability (absolute or contingent) of Aqua
         Vision International other than current liabilities or obligations
         under contracts then existing or thereafter entered into in the
         ordinary course of business, and commitments under leases existing on
         that date or incurred since that date in the ordinary course of
         business;

              (f) have not mortgaged, pledged, or subjected to lien or any other
         encumbrances, any of Aqua Vision International's assets, tangible or
         intangible;

              (g) have not sold or transferred any tangible asset or canceled
         any debts or claims of Aqua Vision International except in each case in
         the ordinary course of business;

              (h) have not sold, assigned, or transferred any patents,
         trademarks, trade names, trade secrets, copyrights, or other intangible
         assets of Aqua Vision International;

              (i) have not suffered any material damage, destruction, or loss
         (whether or not covered by insurance) or any acquisition or taking of
         property of Aqua Vision International by any governmental authority;

              (j) have not waived any rights of Aqua Vision International that
         individually or in the aggregate exceed $1,000;

              (k) have not experienced any organized work stoppage or industrial
         action of Aqua Vision International; or

              (l) have not entered into any other transaction or transactions
         that individually or in the aggregate are material to the business of
         Aqua Vision International, other than in the ordinary course of
         business.

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         5.11 Litigation and Compliance with Laws. The Disclosure Schedule
         contains a brief description of all litigation or legal or other
         actions, suits, proceedings, or investigations, at law or in equity or
         admiralty, or before any federal, state, municipal, or other
         governmental department (including, without limitation, the National
         Labor Relations Board), commission, board, agency, or instrumentality,
         domestic or foreign, in which Sellers, as the owners of Aqua Vision
         International, are engaged, or, to the knowledge and belief of Sellers,
         with which Aqua Vision International is threatened in connection with
         the business or affairs or properties or assets of Aqua Vision
         International. Aqua Vision International is and at all times since its
         inception has been in compliance with all laws and governmental rules
         and regulations, domestic and foreign, and all requirements of
         insurance carriers, applicable to its business or affairs or properties
         or assets, including, without limitation, those relating to
         environmental protection, water or air pollution, and similar matters.

         5.12 Tax Returns. Sellers have filed, in accordance with applicable
         law, all federal, state, county, and local income and franchise tax
         returns and all real and personal property tax returns that are
         required to be filed for Aqua Vision International, and the provision
         for taxes shown on the most recent balance sheet included in the
         Financial Statements is sufficient to satisfy all taxes of any kind of
         Aqua Vision International, including interest and penalties in respect
         thereof, whether disputed or not, and whether accrued, due, absolute,
         deferred, contingent, or other for all periods ended on or prior to the
         date of such balance sheet. As of the date hereof no tax liabilities
         have been assessed or proposed that remain unpaid, and Sellers have not
         caused Aqua Vision International to sign any extension agreement with
         the Internal Revenue Service or any state or local taxing authority.
         Sellers have paid all taxes regarding Aqua Vision International that
         have become due pursuant to such returns and have paid all installments
         of estimated taxes due. All taxes and other assessments and levies that
         Sellers are required by law for the benefit of Aqua Vision
         International to withhold or to collect have been duly withheld and
         collected, and have been paid over to the proper governmental
         authorities to the extent due and payable. From the end of its most
         recent fiscal year to the date hereof Sellers have not made any payment
         of or on account of any federal, state, or local income, franchise, or
         any real or personal property taxes regarding Aqua Vision
         International, except as set forth in the Disclosure Schedule. Sellers
         are not aware of any

                                    Page 11
<PAGE>   16

         basis upon which any assessment for a material amount of additional
         federal income taxes could be made. The information shown on the
         federal income tax returns of Aqua Vision International heretofore
         delivered to Purchaser is true, accurate, and complete and fairly
         presents the information purported to be shown.

         5.13 Environmental Matters. Without limiting the generality of this
         Section 5.13:

                  (i) Sellers are in compliance in all material respects with
         all applicable Environmental Laws (as such term is defined in Exhibit A
         hereto);

                  (ii) Sellers have obtained all material permits and approvals
         required under Environmental Laws, including, without limitation, all
         material environmental, health and safety permits, licenses, approvals,
         authorizations, variances, agreements, and waivers of federal, state,
         and local governmental authorities ("Permits") necessary for the
         conduct of the business and the operation of the facilities of Aqua
         Vision International, and all such Permits are in good standing and
         Sellers are in compliance with all terms and conditions of such
         Permits;

                  (iii) Neither Sellers nor any of their currently or previously
         owned or leased property utilized in the operation of AQUA VISION
         INTERNATIONAL has been named as a potentially responsible party or is
         subject to any outstanding written order from or agreement with any
         federal, state, or local governmental authority or other person or is
         subject to any judicial or docketed administrative proceeding
         respecting (x) Environmental Laws, (y) Remedial Action (as such term is
         defined in Exhibit A hereto), or (z) any material Environmental
         Liabilities and Costs (as such term is defined in Exhibit A hereto);

                  (iv) Except as set forth on the Disclosure Schedule, there are
         no conditions or circumstances associated with the currently or
         previously owned or leased properties or operations of Sellers related
         to the operation of AQUA VISION INTERNATIONAL that may give rise to
         Environmental Liabilities and Costs.

                  (v) Sellers have not received any notice or claim to related
         to the operation of AQUA VISION INTERNATIONAL to the effect that they
         are or are reasonably expected to be liable to any person as a result
         of a Release (as such term is

                                    Page 12
<PAGE>   17

         defined in Exhibit A hereto) or threatened Release or any notice letter
         or request for information under CERCLA (as such term is defined in
         Exhibit A hereto); and

                  (vi) No Environmental Lien (as such term is defined in Exhibit
         A hereto) and no unrecorded Environmental Lien of which Sellers have
         notice has attached to any property of Seller which relates to Aqua
         Vision International.

         5.14 Trademarks, Trade Secrets, Licenses, Etc. The Disclosure Schedule
         sets forth all of the trademarks, trade secrets, trade names, service
         marks, patents, copyrights, registrations, or applications with respect
         thereto, and licenses or rights under them owned, used, or intended to
         be acquired or used by Sellers in the business of Aqua Vision
         International, and, to the extent indicated in the Disclosure Schedule,
         they have been duly registered in such offices as are indicated
         therein. Sellers are the sole and exclusive owners of the trademarks,
         trade secrets, trade names, service marks, and copyrights, the holders
         of the full record title to the trademark registrations and the sole
         owner of the inventions covered by the patents and patent applications,
         all as set forth in the Disclosure Schedule; Sellers have the sole and
         exclusive right, to the extent listed in the Disclosure Schedule, to
         use such trademarks, trade secrets, trade names, service marks, patents
         and copyrights, and, except to the extent set forth on the Disclosure
         Schedule, all of them are free and clear of any mortgages, liens,
         encumbrances, equities, licenses, claims, and obligations to other
         persons of whatever kind and character.

         5.15 Insurance Policies. The insurance policies listed and described
         briefly in the Disclosure Schedule constitute all of the policies in
         force and effect in respect of the business, properties and assets,
         including, without limitation, insurance on personnel, of Aqua Vision
         International. Sellers are not in default under any such policy. The
         insurance policies so listed and identified are sufficient in nature,
         scope, and amounts to insure adequately (and, in any event, in amounts
         sufficient to prevent Sellers from becoming a co-insurer within the
         terms of such policies) the business, properties, and assets of Aqua
         Vision International. Sellers have not been refused insurance by any
         insurance carrier to which they have applied for insurance on behalf of
         Aqua Vision International.

         5.16 Extraordinary Events. From the end of its most recent fiscal year
         to the date hereof, neither the business nor

                                    Page 13
<PAGE>   18

         properties nor condition, financial or other, nor results of operations
         of Aqua Vision International have been materially and adversely
         affected in any way as the result of any fire, explosion, accident,
         casualty, labor disturbance, requisition, or taking of property by any
         governmental body or agency, flood, embargo, or Act of God or the
         public enemy, or cessation, interruption, or diminution of operations,
         whether or not covered by insurance.

         5.17 Adverse Restrictions. The execution and delivery of this Agreement
         and the consummation of the transactions contemplated hereby are not
         events that of themselves or with the giving of notice or the passage
         of time or both, could constitute, on the part of Sellers, a violation
         of or conflict with or result in any breach of, or default under the
         terms, conditions, or provisions of, any judgment, law, or regulation,
         or any agreement or instrument to which Sellers are a party or by which
         they are bound, or result in the creation or imposition of any lien,
         charge, or encumbrance of any nature whatsoever on the property or
         assets of Aqua Vision International and no such event of itself or with
         the giving of notice or the passage of time or both will result in the
         acceleration of the due date of any obligation of Sellers as it relates
         to Aqua Vision International.

         5.18 Material Information. Neither the Financial Statements nor this
         Agreement (including the Schedules and Exhibits hereto) nor any
         certificate or other information or document furnished or to be
         furnished by Sellers to Purchaser contains or will contain any untrue
         statement of a material fact or omits or will omit to state a material
         fact required to be stated herein or therein or necessary to make the
         statements herein or therein not misleading.

         5.19 Products in Warranty. Attached as part of the Disclosure Schedule
         are true and correct copies of Aqua Vision International's standard
         warranty agreements used in connection with its business operations.
         Aqua Vision International's standard warranty agreements apply to each
         product in warranty except as otherwise indicated on the Disclosure
         Schedule. Sellers are not in violation in any material respect of any
         such warranty agreement.

         5.20 Certain Transactions. Sellers are not presently parties to any
         transaction with Aqua Vision International, including, without
         limitation, any contract, agreement, or other arrangement providing for
         the furnishing of services to or by, providing for rental of real or
         personal property to or from,

                                    Page 14
<PAGE>   19

         or otherwise requiring payments to or from Sellers, any member of
         Sellers' family or any corporation, partnership, trust, or other entity
         in which Sellers have a substantial interest or are an officer,
         director, trustee, or partner.

         5.21 No Governmental Authorizations or Approvals Required. No
         authorization or approval of, or filing with, any governmental agency,
         authority, or other body will be required in connection with the
         execution and delivery of this Agreement or the consummation of the
         transactions contemplated hereby.

         5.22 Continuing Representations. The representations and warranties of
         Sellers herein contained (a) relating to non-tax matters shall survive
         the Closing for a period of three (3) years and (b) relating to tax
         matters shall survive the Closing for the applicable statute of
         limitations.

6.       REPRESENTATIONS, WARRANTIES, AND AGREEMENTS OF PURCHASER.

         6.1 Due Authorization; Effect of Transaction. Purchaser is a
         corporation duly organized, validly existing, and in good standing
         under the laws of its jurisdiction of operation and is duly qualified
         and in good standing in each other jurisdiction in which it owns or
         leases properties, conducts operations, or maintains a stock of goods,
         with full power and authority to carry on the business in which it is
         engaged (a true and correct list of each such jurisdiction is set forth
         in the Disclosure Schedule) and to execute and deliver and carry out
         the transactions contemplated by this Agreement. No provision of
         Purchaser's Certificate of Incorporation or By-Laws, or of any
         agreement, instrument, or understanding, or any judgment, decree, rule,
         or regulation, to which Purchaser is a party or by which it is bound,
         has been, or will be violated by the execution by Purchaser of this
         Agreement or the performance or satisfaction of any agreement or
         condition herein contained upon its part to be performed or satisfied,
         and all requisite corporate and other authorizations, including all
         necessary governmental authorizations, for such execution, delivery,
         performance, and satisfaction have been duly obtained. Upon execution
         and delivery, this Agreement will be a legal, valid, and binding
         obligation of Purchaser, enforceable in accordance with its terms.
         Purchaser is not in default in the performance, observance, or
         fulfillment of any of the terms or conditions of its Certificate of
         Incorporation or By-Laws.

         6.2 Continuing Representations. The representations and warranties of
         Purchaser herein contained (a) relating to

                                    Page 15
<PAGE>   20

         non-tax matters shall survive the Closing for a period of three
         (3) years and (b) relating to tax matters shall survive the Closing for
         the applicable statute of limitations.

7.       COVENANTS AND AGREEMENTS.

         7.1 Sellers, Covenants and Agreements Pending Final Delivery of All
         Documents. Sellers, from the Closing Date until the date upon which all
         documents have been delivered and all requirements under this Agreement
         have been performed,

                  (a) will operate the business of Aqua Vision International in
         the normal, usual, and customary manner in the ordinary and regular
         course of business;

                  (b) will not sell or otherwise dispose of any of the
         properties or assets related to the operation of AQUA VISION
         INTERNATIONAL, other than inventory of finished goods sold in the
         ordinary course of business;

                  (c) except in each case in the ordinary course of business,

                           (i) will not amend or terminate any outstanding
                  lease, contract, or agreement related to the operation of AQUA
                  VISION INTERNATIONAL,

                           (ii) will not incur any obligations or liabilities
                  (fixed, contingent, or other) related to the operation of AQUA
                  VISION INTERNATIONAL, and

                           (iii) will not enter into any commitments related to
                  the operation of AQUA VISION INTERNATIONAL;

                  (d) will not make any unusual transactions in its inventory or
         any additions to its property or any purchases of machinery or
         equipment, except for normal maintenance and replacements;

                  (e) will not discharge or satisfy any lien or encumbrance or
         pay any obligation or liability (absolute or contingent) other than
         current liabilities or obligations under contracts now existing or
         hereafter entered into in the ordinary course of business, and
         commitments under leases now existing;

                  (f) will not mortgage, pledge, or subject to lien or any other
         encumbrances, any of its assets, tangible or intangible

                                    Page 16
<PAGE>   21

         unless such mortgage, pledge, lien, or encumbrance is discharged before
         the Closing;

                  (g) will not sell or transfer any tangible asset or cancel any
         debts or claims except in each case in the ordinary course of business;

                  (h) will not sell, assign, or transfer any patents,
         trademarks, trade names, trade secrets, copyrights, or other intangible
         assets;

                  (i) will not increase the compensation payable or to become
         payable to any of its employees or agents;

                  (j) will not suffer any material damage, destruction, or loss
         (whether or not covered by insurance) or any acquisition or taking of
         property by any governmental authority;

                  (k) will not waive any rights of substantial value; or

                  (l) will not enter into any other transaction or transactions
         that individually or in the aggregate are material to the business of
         Aqua Vision International.

8.       CONDITIONS OF PURCHASER'S OBLIGATIONS.

         The obligations of Purchaser hereunder are subject to the fulfillment
         to the reasonable satisfaction of the Purchaser, prior to or at the
         Closing, of each of the following conditions:

         8.1 No Opposition. No suit, action, or proceeding shall be pending or
         threatened at any time prior to or on the Closing Date before or by any
         court or governmental body (a) seeking to restrain or prohibit, or to
         obtain damages or other relief in connection with, the execution and
         delivery of this Agreement or the consummation of the transactions
         contemplated hereby; or (b) that might materially and adversely affect
         the business or properties or condition, financial or other, or results
         of operations of Sellers.

         8.2 Permits, Etc. Sellers shall have assigned to Purchaser, or
         Purchaser shall have obtained, all such permits, licenses, approvals,
         authorizations, variances, agreements, and warranties from federal,
         state, and local governmental authorities related to the operation of
         Aqua Vision International, which Purchaser shall, in the exercise of
         its sole discretion, deem necessary or desirable for the operation

                                    Page 17
<PAGE>   22

         by Purchaser of the businesses of Aqua Vision International after the
         Closing.

         8.3 Insurance. Sellers shall have obtained appropriate binders or
         consents as to policies of insurance to be assigned to Purchaser
         hereunder.

         8.4 Representations and Covenants. The representations and warranties
         of Sellers contained in this Agreement or otherwise made in writing by
         it or him or on his behalf pursuant hereto or otherwise made in
         connection with the transactions contemplated hereby shall be true and
         correct at and as of the Closing Date with the same force and effect as
         though made on and as of such date; each and all of the covenants,
         agreements, and conditions to be performed or satisfied by Sellers
         hereunder at or prior to the Closing Date shall have been duly
         performed or satisfied; and Sellers shall have furnished Purchaser with
         such certificates and other documents evidencing the truth of such
         representations and warranties and the performance and satisfaction of
         such covenants, agreements, and conditions as Purchaser shall have
         reasonably requested.

         8.5 Instruments of Transfer. Sellers shall have delivered to Purchaser
         bills of sale, assignments, deeds, stock powers, and other instruments
         of transfer and assignment in accordance with the provisions hereof,
         transferring to Purchaser all of Sellers' right, title, and interest in
         and to the Assets, including the Assigned Contracts, to be transferred,
         sold, assigned, and conveyed by Sellers to Purchaser pursuant to the
         provisions of this Agreement.

         8.6 Tax Waiver. Sellers, if applicable, shall have received copies of a
         waiver of lien certificate from the appropriate tax authorities of all
         applicable jurisdictions (other than the U.S. Internal Revenue
         Service).

         8.7 Tax Allocation. Sellers and Purchaser shall have finalized tax
         allocation as of December 31, 1997.

         8.8 Solvency Certificate. Sellers shall have delivered a solvency
         certificate, dated the Closing Date, (in form and substance
         satisfactory to Purchaser) signed by the appropriate representative of
         Sellers.

         8.9 Diligence. Purchaser shall have completed its diligence review of
         the business, properties, assets, and liabilities of Sellers to the
         extent related to the operation of AQUA VISION

                                    Page 18
<PAGE>   23

         INTERNATIONAL, with results satisfactory to Purchaser.

9.       CONDITIONS OF SELLERS OBLIGATIONS.

         The obligations of Sellers hereunder are subject to the fulfillment to
         the reasonable satisfaction of Sellers prior to or at the Closing of
         each of the following conditions:

         9.1 Representations and Covenants. The representations and warranties
         of Purchaser contained in this Agreement or otherwise made in writing
         by it or on its behalf pursuant hereto or otherwise made in connection
         with the transactions contemplated hereby shall be true and correct at
         and as of the Closing Date with the same force and effect as though
         made on and as of such date; each of the covenants, agreements, and
         conditions to be performed or satisfied by Purchaser hereunder at or
         prior to the Closing Date shall have been duly performed or satisfied;
         and Purchaser shall have furnished Sellers with such certificates or
         other documents evidencing the truth of such representations and
         warranties and the performance and satisfaction of such covenants,
         agreements, and conditions as Sellers shall have reasonably requested.

         9.2 No Opposition. No suit, action, or proceeding shall be pending or
         threatened on the Closing Date before or by any court or governmental
         authority seeking to restrain or prohibit the execution and delivery of
         this Agreement or the consummation of the transactions contemplated
         hereby.

10.      INDEMNIFICATION BY SELLERS.

         10.1 Indemnification.

                  (a) Sellers hereby agree to indemnify, defend, and hold
         Purchaser and its shareholders (collectively with Purchaser, the
         "Purchasing Parties") harmless from and against the amount of any
         actual (or potential in the case of any litigation or claims by any
         person not a party to this Agreement) damage, loss, cost, or expense
         (including reasonable attorneys' fees and settlement costs) to
         Purchasing Parties("Loss") occasioned or caused by, resulting from, or
         arising out of:

                           (i) Any failure by Sellers to perform, abide by, or
                  fulfill any of the agreements, covenants, or obligations set
                  forth in or entered into, in connection with this Agreement to
                  be so performed or fulfilled by Sellers.

                           (ii) Any material inaccuracy in or breach of any of

                                    Page 19
<PAGE>   24

                  the representations or warranties of Sellers set forth in this
                  Agreement, or any certificate or Schedule or other writing
                  furnished pursuant hereto.

                           (iii) Any failure on the part of Purchaser to
                  withhold from the Purchase Price any amount due by Sellers to
                  any governmental authority or other person that results in a
                  loss to Purchaser.

                           (iv) Any claim, known or unknown, arising out of or
                  by virtue of or based upon any liability or obligation of
                  Sellers that is not an Assumed Liability.

                           (v) Any claim, known or unknown, arising out of or by
                  virtue of or based upon any contract or agreement of Sellers
                  that (I) is not an Assigned Contract, or (ii) is connected
                  with any breach by Sellers of an Assigned Contract or any
                  failure by Sellers to have performed any obligation or
                  satisfied any liability thereunder to the extent required to
                  be performed or satisfied at or prior to the Closing, or (iii)
                  is not set forth (or described) in writing and furnished or
                  made available to Purchasing Parties pursuant hereto.

                           (vi) Any liability or obligation for any tort or any
                  breach or violation of any contractual, quasi-contractual,
                  legal, fiduciary, or equitable duty by Sellers, whether
                  before, at, or after the Closing.

                  The amount of any Loss shall be the amount of cash
         reimbursement or set-off that, when received by the Purchasing Party or
         Purchasing Parties incurring such loss, shall place such Purchasing
         Party or Purchasing Parties in the same financial position it or they
         would have been in if such Loss has not occurred. Sellers' liability
         under this paragraph shall not however, exceed the aggregate amount of
         $2,500,000. Notwithstanding any other provision of this agreement, the
         Sellers shall not be liable to the Purchasing Parties on any warranty,
         representation, or covenant made by Sellers in this agreement, or under
         any of their indemnities in this agreement, regarding any single claim,
         loss, expense, obligation, or other liability that does not exceed
         $50,000; provided, however, that when the aggregate amount of all such
         claims, losses, expenses, obligations, and liabilities not exceeding
         $50,000 each reaches $50,000, the Sellers shall, subject to the above
         limitation on their maximum aggregate liability, thereafter be liable
         in full for all those breaches and indemnities and regarding all those
         claims, losses, expenses, obligations, and liabilities.

                                    Page 20
<PAGE>   25

         10.2 Notice of Claim. Purchasing Parties shall give prompt written
         notice to Sellers of any claim (actual or threatened) or other event
         that in the judgment of either Purchasing Party might result or has
         resulted in a Loss by a Purchasing Party hereunder, and Sellers shall
         have the right to assume the defense of such claim or any litigation
         resulting therefrom; provided that counsel for the Sellers, who shall
         conduct the defense of such claim (actual, threatened, or asserted) or
         litigation, shall be reasonably satisfactory to the Purchasing Parties,
         and Purchasing Parties may participate in such defense at their
         expense, and provided, further, that the omission by Purchasing Parties
         to give notice as provided herein shall not relieve Sellers of their
         obligations hereunder except to the extent that the omission results in
         a failure of actual notice to the Sellers, and Sellers are damaged
         solely as a result of the failure to give notice. Sellers, in the
         defense of any such claim or litigation, shall not, except with the
         consent of each Purchasing Party, consent to the entry of any judgment
         or decree or enter into any settlement that does not include as an
         unconditional term thereof the giving by the claimant or plaintiff to
         Purchasing Parties of a release from all liability in respect to such
         claim or litigation, and Sellers shall not have liability with respect
         to any payment made by a Purchasing Party in connection with the
         settlement, satisfaction, or compromise of any claim unless the Sellers
         shall have approved thereof in advance in writing, which approval shall
         not unreasonably be withheld or delayed. If the Purchasing Parties
         shall not have received notice that the Sellers shall assume the
         defense of such claim within twenty (20) days after the notice is sent
         to the Sellers of the existence of such claim, the Purchasing Parties
         shall be free to proceed with the defense of such claim. Each such
         notice shall be accompanied (or followed as promptly as is reasonably
         practicable after the amount of such Loss becomes determinable) by a
         certificate signed by the President of Purchaser and setting forth in
         reasonable detail the calculation of the amount of such Loss in
         accordance with the provisions hereof, and accompanied by copies of all
         relevant documents and records. The omission to give such notice or
         provide such certificate by Purchasing Parties shall not relieve
         Sellers of their obligation under this Section 10.2 except to the
         extent such omission results in a failure of actual notice to the
         Sellers, and Sellers are damaged solely by such failure to give notice.
         No Loss shall be considered to have occurred with respect to any
         payment made by any Purchasing Parties in settlement, satisfaction, or

                                    Page 21
<PAGE>   26

         compromise of any claim unless the Sellers shall have approved thereof
         in advance and in writing.

         10.3 Set-Off or Reimbursement. Purchasing Parties shall have the right
         to set-off against the payment of the Purchase Price payable by
         Purchaser as provided for herein (or, if such amounts have theretofore
         been paid, then to receive prompt reimbursement from Sellers of an
         amount equal to) the amount of all Losses incurred by Purchasing
         Parties. Purchasing Parties shall deliver to Sellers a written notice
         explaining the nature and amount of each such set-off or required
         reimbursement as promptly as is reasonably practicable after Purchasing
         Parties shall have determined to make such set-off or to require such
         reimbursement. Purchasing Parties may make such set-offs or require
         such reimbursements in any order they choose.

11.      INDEMNIFICATION BY PURCHASER.

         11.1 Indemnification.

                  (a) Purchaser hereby agrees to indemnify, defend, and hold
         Sellers and its owners (collectively with Sellers, the "Selling
         Parties") harmless from and against the amount of any actual (or
         potential in the case of any litigation or claims by any person not a
         party to this Agreement) damage, loss, cost, or expense (including
         reasonable attorneys' fees and settlement costs) to Selling
         Parties("Loss") occasioned or caused by, resulting from, or arising out
         of:

                           (i) Any failure by Purchaser to perform, abide by, or
                  fulfill any of the agreements, covenants, or obligations set
                  forth in or entered into, in connection with this Agreement to
                  be so performed or fulfilled by Purchaser.

                           (ii) Any material inaccuracy in or breach of any of
                  the representations or warranties of Purchaser set forth in
                  this Agreement, or any certificate or Schedule or other
                  writing furnished pursuant hereto.

                           (iii) Any liability or obligation for any tort or any
                  breach or violation of any contractual, quasi-contractual,
                  legal, fiduciary, or equitable duty by Purchaser, whether
                  before, at, or after the Closing.

                  The amount of any Loss shall be the amount of cash
         reimbursement that, when received by the Selling Parties

                                    Page 22
<PAGE>   27

         incurring such loss, shall place such Selling Parties in the same
         financial position it or they would have been in if such Loss has not
         occurred. Notwithstanding any other provision of this agreement,
         Purchaser shall not be liable to the Selling Parties on any warranty,
         representation, or covenant made by Purchaser in this agreement, or
         under any of its indemnities in this agreement, regarding any single
         claim, loss, expense, obligation, or other liability that does not
         exceed $50,000; provided, however, that when the aggregate amount of
         all such claims, losses, expenses, obligations, and liabilities not
         exceeding $50,000 each reaches $50,000, the Purchaser shall, subject to
         the above limitation on its maximum aggregate liability, thereafter be
         liable in full for all those breaches and indemnities and regarding all
         those claims, losses, expenses, obligations, and liabilities.

         11.2 Notice of Claim. Selling Parties shall give prompt written notice
         to Purchaser of any claim (actual or threatened) or other event that in
         the judgment of any Selling Party might result or has resulted in a
         Loss by a Selling Party hereunder, and Purchaser shall have the right
         to assume the defense of such claim or any litigation resulting
         therefrom; provided that counsel for the Purchaser, who shall conduct
         the defense of such claim (actual, threatened, or asserted) or
         litigation, shall be reasonably satisfactory to the Selling Parties,
         and Selling Parties may participate in such defense at their expense,
         and provided, further, that the omission by Selling Parties to give
         notice as provided herein shall not relieve Purchaser of its
         obligations hereunder except to the extent that the omission results in
         a failure of actual notice to the Purchaser, and Purchaser is damaged
         solely as a result of the failure to give notice. Purchaser, in the
         defense of any such claim or litigation, shall not, except with the
         consent of each Selling Party, consent to the entry of any judgment or
         decree or enter into any settlement that does not include as an
         unconditional term thereof the giving by the claimant or plaintiff to
         Selling Parties of a release from all liability in respect to such
         claim or litigation, and Purchaser shall not have liability with
         respect to any payment made by a Selling Party in connection with the
         settlement, satisfaction, or compromise of any claim unless the
         Purchaser shall have approved thereof in advance in writing, which
         approval shall not unreasonably be withheld or delayed. If the Selling
         Parties shall not have received notice that the Purchaser shall assume
         the defense of such claim within twenty (20) days after the notice is
         sent to the Purchaser of the existence of such claim, the Selling
         Parties shall be free to proceed with the defense of such claim. Each

                                    Page 23
<PAGE>   28

         such notice shall be accompanied (or followed as promptly as is
         reasonably practicable after the amount of such Loss becomes
         determinable) by a certificate signed by the President of Purchaser and
         setting forth in reasonable detail the calculation of the amount of
         such Loss in accordance with the provisions hereof, and accompanied by
         copies of all relevant documents and records. The omission to give such
         notice or provide such certificate by Selling Parties shall not relieve
         Purchaser of their obligation under this Section 11.2 except to the
         extent such omission results in a failure of actual notice to the
         Purchaser, and Purchaser are damaged solely by such failure to give
         notice. No Loss shall be considered to have occurred with respect to
         any payment made by any Selling Parties in settlement, satisfaction, or
         compromise of any claim unless the Purchaser shall have approved
         thereof in advance and in writing.

12.      BULK SALES ACT.

         The Purchaser and the Sellers both acknowledge that, in effecting the
         transactions contemplated hereby, neither the Purchaser nor the Sellers
         have taken any steps to comply with the California Bulk Sales Law.
         Notwithstanding the foregoing, the Sellers covenant and agree to pay
         and discharge promptly and when due, and in all respects to defend the
         Purchaser against, all claims of creditors (other than the Assumed
         Liabilities) that are asserted against the Purchaser by reason of
         noncompliance with this Bulk Sales Law. The Sellers hereby agree to
         defend and to indemnify and hold the Purchaser harmless from, against,
         and in respect of (and shall on receipt of evidence of loss, liability,
         or damage reimburse the Purchaser for) any loss, liability, damage,
         cost, or expense, including, without limitation, reasonable attorneys'
         fees (other than the Assumed Liabilities), suffered or incurred by the
         Purchaser by reason of any failure of the Sellers to pay or discharge
         any such claim promptly and when due or the failure of the parties to
         comply with the Bulk Sales Law.

13.      BROKERAGE FEE.

         Sellers and Purchaser each represent that no broker has been involved
         in this transaction and each party agrees to indemnify and hold the
         others harmless from payment of any brokerage fee, finder's fee, or
         commission claimed by any party who claims to have been involved
         because of association with such party.

                                    Page 24
<PAGE>   29

14.      AMENDMENTS; WAIVERS.

         This Agreement constitutes the entire agreement of the parties related
         to the subject matter of this Agreement, supersedes all prior or
         contemporary agreements, representations, warranties, covenants, and
         understandings of the parties. This Agreement may not be amended, nor
         shall any waiver, change, modification, consent, or discharge be
         effected, except by an instrument in writing executed by or on behalf
         of the party against whom enforcement of any amendment, waiver, change,
         modification, consent, or discharge is sought.

         Any waiver of any term or condition of this Agreement, or of the breach
         of any covenant, representation, or warranty contained herein, in any
         one instance, shall not operate as or be deemed to be or construed as a
         further or continuing waiver of such term, condition, or breach of
         covenant, representation, or warranty, nor shall any failure at any
         time or times to enforce or require performance of any provision hereof
         operate as a waiver of or affect in any manner such party's right at a
         later time to enforce or require performance of such provision or of
         any other provision hereof; and no such written waiver, unless it, by
         its own terms, explicitly provides to the contrary, shall be construed
         to effect a continuing waiver of the provision being waived and no such
         waiver in any instance shall constitute a waiver in any other instance
         or for any other purpose or impair the right of the party against whom
         such waiver is claimed in all other instances or for all other purposes
         to require full compliance with such provision.

15.      ASSIGNMENT; SUCCESSORS AND ASSIGNS.

         This Agreement shall not be assignable by any party without the written
         consent of the others. This Agreement shall be binding upon and shall
         inure to the benefit of the parties hereto and their respective
         successors and permitted assigns.

16.      SEVERABILITY.

         If any provision or provisions of this Agreement shall be, or shall be
         found to be, invalid, inoperative, or unenforceable as applied to any
         particular case in any jurisdiction or jurisdictions, or in all
         jurisdictions or in all cases, because of the conflict of any provision
         with any constitution or statute or rule of public policy or for any
         other reason, such circumstance shall not have the effect of rendering
         the provision or provisions in question invalid, inoperative, or
         unenforceable in any other jurisdiction or in any other case or
         circumstance or of rendering any other provision or provisions herein
         contained invalid, inoperative, or

                                    Page 25
<PAGE>   30

         unenforceable to the extent that such other provisions are not
         themselves actually in conflict with such constitution, statute, or
         rule of public policy, but this Agreement shall be reformed and
         construed in any such jurisdiction or case as if such invalid,
         inoperative, or unenforceable provision had never been contained herein
         and such provision reformed so that it would be valid, operative, and
         enforceable to the maximum extent permitted in such jurisdiction or in
         such case.

17.      COUNTERPARTS.

         This Agreement may be executed in two or more counterparts, each of
         which shall be deemed an original, but all of which together shall
         constitute one and the same instrument, and in pleading or proving any
         provision of this Agreement it shall not be necessary to produce more
         than one such counterpart.

18.      SECTION AND OTHER HEADINGS.

         The headings contained in this Agreement are for reference purposes
         only and shall not in any way effect the meaning or interpretation of
         this Agreement.

19.      NOTICES.

         All notices, requests, demands, and other communications hereunder
         shall be in writing and shall be deemed to have been duly given if
         delivered or mailed, postage prepaid, certified mail, return receipt
         requested:

                  (a)      TO SELLERS:  If to Sellers:

                           c/o Select Property Investments, LLC
                           4012 S. Rainbow Blvd, Ste 111
                           Las Vegas, Nevada 89103-2010

                  (b)      TO PURCHASER:  If to Purchaser, to:

                           1920 Main Street, Suite 1020
                           Irvine, CA 92714

                           with a copy to:

                           David Wagner & Associates, P.C.
                           Penthouse Suite
                           8400 East Prentice Ave.
                           Englewood, CO 80111

         and/or to such other person(s) and address(es) as either party

                                    Page 26
<PAGE>   31

         shall have specified in writing to the other.

19.      GENDER.

         Whenever used herein, the singular number shall include the plural, the
         plural shall include the singular, and the use of any gender shall
         include all genders.

20.      LAW TO GOVERN.

         This Agreement shall be governed by and construed and enforced in
         accordance with the law (other than the law governing conflict of law
         questions) of Nevada.

21.      COURTS.

         Any action to enforce, arising out of, or relating in any way to, any
         of the provisions of this Agreement may be brought and prosecuted in
         such court or courts located in Nevada as is provided by law; and the
         parties consent to the jurisdiction of the court or courts located in
         Nevada and to service of process by registered mail, return receipt
         requested, or in any other manner provided by law.

         IN WITNESS WHEREOF, Sellers and Purchaser have caused this Agreement to
         be executed as of the date first above written.

                                   [PURCHASER]
                                   SEYCHELLE ENVIRONMENTAL TECHNOLOGIES, INC.

                                   By: /////Signed/////
                                       ----------------------------------------
                                   Name: DuSean Berkich
                                         --------------------------------------
                                   Title: President
                                          -------------------------------------

                                   [SELLERS]
                                   SELECT PROPERTY INVESTMENTS, LLC
                                   By: ////Signed////
                                       ----------------------------------------
                                   Name: Carl Palmer
                                         --------------------------------------
                                   Title: Manager
                                          -------------------------------------

                                   THE TAM IRREVOCABLE TRUST

                                   By: ////Signed////
                                       ----------------------------------------
                                   Name: Carl Palmer
                                         --------------------------------------
                                   Title: Trustee
                                          -------------------------------------

                                    Page 27
<PAGE>   32

                                    EXHIBIT A

Certain Defined Terms

         "CERCLA" means the Comprehensive Environmental Response, Compensation,
         and Liability Act (42 U.S.C. Section 9601 et seq.), as amended or
         supplemented from time to time.

         "Contaminant" means any waste, pollutant, hazardous material, hazardous
         substance, toxic substance, hazardous waste, special waste, petroleum,
         or petroleum-derived substance or waste, or any constituent of any such
         pollutant material, substance or waste, including, without limitation,
         any pollutant material, substance, or waste regulated under any
         Environmental Law.

         "Environmental Laws" means all federal, state, local, and foreign laws
         or regulations, codes, orders, decrees, judgments, or injunctions
         issued, promulgated, approved, or entered thereunder relating to
         pollution or protection of the environment or occupational health and
         safety, including, releases or threatened releases of pollutants,
         contaminants, chemicals, or industrial, toxic or hazardous substances,
         materials, or wastes (including, without limitation, oil, asbestos, and
         radiation) into the environment (including, without limitation, ambient
         air, surface water, ground water, land surface, or subsurface strata)
         or otherwise relating to the manufacture, processing, distribution,
         use, treatment, storage, disposal, transport, or handling of
         pollutants, contaminants, chemicals or industrial, toxic, or hazardous
         substances, material, or wastes. Environmental Laws shall include,
         without limitation, CERCLA, the Hazardous Material Transportation Act
         (49 U.S.C. Section 1801 et seq.), the Solid Waste Disposal Act (42
         U.S.C. Section 6901 et seq.), the Federal Water Pollution Control Act
         (33 U.S.C. Section 1251 et seq.), the Clean Air Act (42 U.S.C. Section
         7401 et seq.), the Toxic Substances Control Act (15 U.S.C. Section 2601
         et seq.), the Occupational Safety and Health Act (29 U.S.C. Section 651
         et seq.), the Federal Insecticide, Fungicide, and Rodenticide Act (7
         U.S.C. Section 136 et seq.), the Food, Drug, and Cosmetic Act (21
         U.S.C. Section 301 et seq.), the Medical Waste Tracking Act of 1988,
         Pub. L. No. 100-582, 102 Stat. 2950 (1988), as such laws have been
         amended or supplemented from time to time, and any analogous future
         federal, or present or future state, local, or foreign, statutes,
         ordinances, or bylaws.

         "Environmental Liabilities and Costs" means, as to the Sellers, all
         liabilities, obligations, responsibilities, remedial actions, losses,
         damages, punitive damages, consequential damages, treble damages,
         costs, and expenses (including, without limitation, all reasonable
         fees,

                                    Page 1
<PAGE>   33

         disbursements and expenses of counsel, expert and consulting fees, and
         costs of investigation and feasibility studies), fines, penalties,
         sanctions and interest incurred as a result of any claim or demand, by
         any corporation, partnership, trust, individual, or other entity
         ("Person"), whether based in contract, tort, implied or express
         warranty, strict liability, criminal or civil statute, including,
         without limitation, any Environmental Law, permit, order, approval,
         authorization, license, variance, or agreement with a federal, state,
         or local governmental authority or other person, arising from
         environmental, health, or safety conditions or a Release or threatened
         Release resulting from the past operations of the Sellers (or any of
         its predecessors in interest), or any release for which the Sellers are
         otherwise responsible under any Environmental Law.

         "Environmental Lien" means any lien or similar interest in favor of any
         federal, state, or local governmental authority for Environmental
         Liabilities and Costs.

         "Release" means, as to the Sellers, any release, spill, emission,
         leaking, pumping, injection, deposit, disposal, discharge, dispersal,
         pouring, emptying, escaping, dumping, discarding, leaching, or
         migration of a Contaminant into the indoor or outdoor environment or
         into or out of any property owned, leased, or controlled by Sellers,
         including, without limitation, the movement of Contaminants through or
         in the air, soil, surface water, groundwater, or property, including,
         without limitation, the abandonment or discarding of barrels,
         containers, and other closed receptacles containing any contaminant.

         "Remedial Action" means all actions necessary to (i) clean up, remove,
         treat, or in any other way address Contaminants in the indoor or
         outdoor environment, (ii) prevent a Release or condition that is
         reasonably likely to result in a Release or minimize further release of
         Contaminants so they do not migrate or endanger or threaten to endanger
         present or future public health or welfare or the indoor or outdoor
         environment, or (iii) perform pre-remedial studies and investigations
         and post-remedial monitoring and care.

                                     Page 2
<PAGE>   34

                               DISCLOSURE SCHEDULE

SCHEDULE OF ASSETS

         I.       Home Savings - General Operation Account
                  (See Exhibit "A") Copy of Account Status as of 2/18/98

         II.      Investments - Cash $65,000

         III.     Accounts Receivable (See Exhibit "B") - Report of Accounts
                  Receivable run 2/20/98 showing 2/28/98 end.

         IV.      Inventory (See Exhibit "C") - Report of all Inventory on hand
                  run 2/20/98 reports to 2/28/98.

         V.       Property and Equipment
                  Tooling:
                           Pump n'Pure housing - injection mold;
                           Filters - 3 18 cavity 1 1/4" x 2 1/2", check valve
                           filter, aqua mist primary filter;
                           Bottle cap and poppet;
                           Bottles - 18 oz, 30 oz bottoms-up, 32 oz, canteen,
                           and baby bottle, Adapter; check valve; baby bottle
                           adapter; adapter/bottoms-up; designer cap;
                           counter-top housing; All silk-screen artwork (2 dozen
                           private labels)

                  Vehicles:
                           1996 Plymouth Breeze - automatic
                           1995 Chevrolet Tahoe - 4x4/auto

                  Furniture & Fixtures:
                           2 - oak coffee tables, 1 - oak sofa table, 1 small
                           couch, 1 - glass reception desk, 4-6 various
                           executive chairs, 3 - wall display panels, 1 -
                           refrigerator, 1 - coffee pot, 1 - microwave, 1 -
                           storage cabinet, 1 - executive desk and return, 2 -
                           office desks, 1 - HON sectional desk system, 1 -
                           computer desk, 2 - desk lights, 4 - 2 drawer filing
                           cabinets, 2 - 4 drawer file cabinets, 1 small supply
                           cabinet, 1 - 2 piece wall unit, 1 - bookcase, misc.

                  Shop Equipment:
                           1 - bagging machine, 1 - air compressor, 2 -
                           production carts, 5 - 8'steel rack systems, 2 - 10'
                           production tables, 2 portable production tables, 2 -
                           glue pots, 4 - glue guns, 2 - motorized glue

                                     Page 1
<PAGE>   35

                           stations, 1 - drill press, 1 - shop scale, 1 -
                           shipping table, 1 - packing table, 2 - tape guns,
                           packing tape, 1 - socket set, 1 - hand-truck,
                           miscellaneous manual and electrical hand-tools,
                           chairs, light fixtures, heaters.

                  Computer Equipment:

                           1 - 386 computer, 1 - Pentium 486 PC to include
                           software: Peachtree, Corel Draw, MS Word, Excel...;
                           1- NEC laser printer, 1 - dot matrix continuous feed
                           printer, 1 - Panasonic plain paper fax machine, 2 - 2
                           line phones, 2 - portable phones, 1 - Kyocera laser
                           printer.

         VI.      Business Goodwill and going concern value.

         VII.     Trade secret - All process, design, production and use
                  technology including contracts: confidentiality, source of
                  supply, and exclusive manufacturing agreements (Exhibit "F").

         VIII.    Trademark (See Exhibit "D") - copy of U.S. Dept. of Comm. -
                  TM.

         IX.      Patent - all right, title and interest in and to United States
                  Patent Application SN08/813,286 "Portable water filtration
                  system and method" filed 12-23-96, and all related domestic or
                  international rights (case #96567) (See Exhibit "E") - copy of
                  patent pending.

         X.       Insurance Policy - Essex Insurance Company; Policy #3CB2904
                  (See Exhibit "F") - copy of policy.

         XI.      Assigned Contracts - refer to VII above. (See Exhibit "G") -
                  copies of each supplier contract Kx, Barneby Sut Cliff,
                  Interflo, Englehard.

         XII.     All Product Drawing & Designs - on file.

NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED HEREIN OR IN THE PURCHASE
         AGREEMENT OF WHICH THIS SCHEDULE FORMS A PART, THE PARTIES EXPRESSLY
         ACKNOWLEDGE AND AGREE THAT THE INTELLECTUAL PROPERTY AND RELATED RIGHTS
         OF THE SELLERS CONVEYED HEREBY DOES NOT INCLUDE ALL OR ANY PART OF THE
         INVENTIONS, CONCEPTS OR OTHER INTELLECTUAL PROPERTY RIGHTS DEVELOPED BY
         CARL AND MICHELLE PALMER, COMMONLY REFERRED TO AS THE "BABY BOTTLE" AND
         "POINT OF ENTRY" CONCEPTS, THE "BOTTOMS UP" DESIGN CONCEPT AND PATENT
         APPLICATION ("BOTTOMS-UP" DESIGN/UTILITY APPLICATION FEBRUARY 17,
         1998), OR THE STERILIZATION PRODUCT LINE.

                                     Page 2
<PAGE>   36

Listing of Assigned Contracts:

None.

Listing of Liens Affecting the Assets:

None.

Disclosure regarding Financial Statements:

The Parties agree to accept the financial statements as presented and accept any
         deviations therein from compliance with GAAP standards.

                             SCHEDULE OF LIABILITIES

         I.       Accounts Payable, including without limitation
                  (See Exhibit "H").

                                     Page 3<PAGE>   1
                                      10B

                  Amended Purchase Agreement with Aqua Vision

<PAGE>   2

                                    AMENDED

                               PURCHASE AGREEMENT

                                    between

                   SEYCHELLE ENVIRONMENTAL TECHNOLOGIES, INC.
                                 ("Purchaser")

                                      and

         The TAM Irrevocable Trust and Select Property Investments, LLC
                            (Collectively "Sellers")

                               FEBRUARY 26, 1999

<PAGE>   3

                           AMENDED PURCHASE AGREEMENT

THIS AMENDED PURCHASE AGREEMENT (this "Agreement"), entered into this 26th day
of February, 1999 by and between SEYCHELLE ENVIRONMENTAL TECHNOLOGIES, INC, a
Nevada corporation ("Purchaser"), and THE TAM IRREVOCABLE TRUST, a California
Trust and SELECT PROPERTY INVESTMENTS, LLC, a Nevada Limited Liability Company
(collectively, "Sellers");

                         W I T N E S S E T H  T H A T:

WHEREAS, Purchaser and Sellers had entered into an agreement dated January 31,
1998 for the sale to Purchaser all of the assets of AQUA VISION INTERNATIONAL,
a California sole proprietorship, upon the terms and subject to the conditions
set forth therein, which Agreement is attached as Exhibit A hereto; and

WHEREAS, the parties hereto wish to modify their prior agreement; and

WHEREAS, the parties wish to make only those changes to the agreement dated
January 31, 1998 as indicated herein.

NOW, THEREFORE, in consideration of the agreements of the parties hereto, and
intending to be legally bound hereby, the parties hereto agree as follows:

1. Purchase and Sale of Assets. Sellers have previously sold, conveyed,
transferred, assigned, and delivered to Purchaser, and Purchaser agreed to
purchase from Sellers all of the assets, properties, and business of every kind
and description and wherever situated used by Sellers in the operation of AQUA
VISION INTERNATIONAL.

2. Purchase Price. In consideration for the sale, conveyance, transfer, and
delivery of the assets, properties, and business of every kind and description
and wherever situated used by Sellers in the operation of AQUA VISION
INTERNATIONAL, Purchaser shall now pay to Sellers a payment of 8,000 shares of
Series AAA 12% Cumulative Convertible Preferred Shares of the Purchaser in lieu
of all consideration remaining unpaid under the agreement dated January 31,
1998, consisting of approximately $8,375,000. The said payments under this
paragraph shall be paid as follows: The TAM Irrevocable Trust, a California
trust (60%); and Select Property Investments, LLC, a Nevada Limited Liability
Company (40%). It is agreed by the parties that, upon written notice of
conversion from the Sellers, the Purchaser shall have 45 days from receipt of
such notice to repurchase for cash up to 2,000 shares of the Series AAA 12%
Cumulative Convertible

                                     Page 1
<PAGE>   4

Preferred Shares. The parties acknowledge that there is current litigation
involving Purchaser and Dusean Berkich, in which Purchaser is seeking to rescind
the issuance of all common shares in the Purchaser previously issued to Sellers
and Dusean Berkich. The Purchase Price in this Agreement has been determined by
assuming the complete cancellation, as a result of this litigation, of the
common shares now held by Sellers. It is specifically agreed by the parties to
this Agreement that the number of common shares issuable to Sellers pursuant to
the conversion provisions of the Series AAA 12% Cumulative Convertible Preferred
Shares shall be reduced share for share (but after pro rata adjustments, if any,
for stock dividends, stock splits, reverse stock splits, and any other similar
capital stock adjustments of a general nature for the Purchaser) by the number
of common shares of Purchaser held by Sellers which are not canceled as a result
of such litigation.

3. Sellers' Representations and Warranties. Sellers hereby represent and
warrant, covenant and agrees that:

a) Organization and Authority. Aqua Vision International is a sole
proprietorship duly organized, validly existing, and in good standing under the
laws of its jurisdiction of operation and is duly qualified and in good standing
in each other jurisdiction in which it owns or leases properties, conducts
operations, or maintains a stock of goods, with full power and authority to
carry on the business in which it is engaged and to execute and deliver and
carry out the transactions contemplated by this Agreement.

b) Due Authorization; Effect of Transaction. No provisions of any agreement,
instrument, or understanding, or any judgment, decree, rule, or regulation, to
which Aqua Vision International is a party or by which it is bound, has been or
will be violated by the execution and delivery by Sellers of this Agreement or
the performance or satisfaction of any agreement or condition herein contained
upon its part to be performed or satisfied, and all requisite authorizations for
such execution, delivery, performance, and satisfaction have been duly obtained.
Upon execution and delivery, this Agreement will be a legal, valid, and binding
obligation of Sellers, enforceable in accordance with its terms.

4. Due Authorization; Effect of Transaction. Purchaser is a corporation duly
organized, validly existing, and in good standing under the laws of its
jurisdiction of operation and is duly qualified and in good standing in each
other jurisdiction in which it owns or leases properties, conducts operations,
or maintains a stock of goods, with full power and authority to carry on the
business in which it is engaged and to execute and deliver and carry out the
transactions

                                     Page 2
<PAGE>   5

contemplated by this Agreement. No provision of Purchaser's Certificate of
Incorporation or By-Laws, or of any agreement, instrument, or understanding, or
any judgment, decree, rule, or regulation, to which Purchaser is a party or by
which it is bound, has been, or will be violated by the execution by Purchaser
of this Agreement or the performance or satisfaction of any agreement or
condition herein contained upon its part to be performed or satisfied, and all
requisite corporate and other authorizations, including all necessary
governmental authorizations, for such execution, delivery, performance, and
satisfaction have been duly obtained. Upon execution and delivery, this
Agreement will be a legal, valid, and binding obligation of Purchaser,
enforceable in accordance with its terms. Purchaser is not in default in the
performance, observance, or fulfillment of any of the terms or conditions of
its Certificate of Incorporation or By-Laws.

5. Entire Agreement. This Agreement, and the agreement dated January 31, 1998,
which is attached hereto, constitutes the entire agreement of the parties
related to the subject matter of this Agreement. This Agreement supersedes all
prior or contemporary agreements, representations, warranties, covenants, and
understandings of the parties. This Agreement may not be amended, nor shall any
waiver, change, modification, consent, or discharge be effected, except by an
instrument in writing executed by or on behalf of the party against whom
enforcement of any amendment, waiver, change, modification, consent, or
discharge is sought.

Any waiver of any term or condition of this Agreement, or of the breach of any
covenant, representation, or warranty contained herein, in any one instance,
shall not operate as or be deemed to be or construed as a further or continuing
waiver of such term, condition, or breach of covenant, representation, or
warranty, nor shall any failure at any time or times to enforce or require
performance of any provision hereof operate as a waiver of or affect in any
manner such party's right at a later time to enforce or require performance of
such provision or of any other provision hereof; and no such written waiver,
unless it, by its own terms, explicitly provides to the contrary, shall be
construed to effect a continuing waiver of the provision being waived and no
such waiver in any instance shall constitute a waiver in any other instance or
for any other purpose or impair the right of the party against whom such waiver
is claimed in all other instances or for all other purposes to require full
compliance with such provision.

6. Assignment. This Agreement shall not be assignable by any party without the
written consent of the others. This Agreement shall be binding upon and shall
inure to the benefit

                                     Page 3
<PAGE>   6

of the parties hereto and their respective successors and permitted assigns.

7. Severability. If any provision or provisions of this Agreement shall be, or
shall be found to be, invalid, inoperative, or unenforceable as applied to any
particular case in any jurisdiction or jurisdictions, or in all jurisdictions
or in all cases, because of the conflict of any provision with any constitution
or statute or rule of public policy or for any other reason, such circumstance
shall not have the effect of rendering the provision or provisions in question
invalid, inoperative, or unenforceable in any other jurisdiction or in any
other case or circumstance or of rendering any other provision or provisions
herein contained invalid, inoperative, or unenforceable to the extent that such
other provisions are not themselves actually in conflict with such
constitution, statute, or rule of public policy, but this Agreement shall be
reformed and construed in any such jurisdiction or case as if such invalid,
inoperative, or unenforceable provision had never been contained herein and
such provision reformed so that it would be valid, operative, and enforceable
to the maximum extent permitted in such jurisdiction or in such case.

8. Counterparts. This Agreement may be executed in two or more counterparts,
each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument, and in pleading or proving any
provision of this Agreement it shall not be necessary to produce more than one
such counterpart.

9. Headings. The headings contained in this Agreement are for reference
purposes only and shall not in any way effect the meaning or interpretation of
this Agreement.

10. Notices. All notices, requests, demands, and other communications hereunder
shall be in writing and shall be deemed to have been duly given if delivered or
mailed, postage prepaid, certified mail, return receipt requested:

         (a)      TO SELLERS: If to Sellers:
                  c/o Select Property Investments, LLC
                  4012 S. Rainbow Blvd, Ste 111
                  Las Vegas, Nevada 89103-2010

         (b)      TO PURCHASER: If to Purchaser, to:
                  1046 Calle Recodo, Unit B
                  San Clemente, California 92673

                  with a copy to:
                  David Wagner & Associates, P.C.

                                     Page 4
<PAGE>   7

                 Penthouse Suite
                 8400 East Prentice Ave.
                 Englewood, CO 80111

and/or to such other person(s) and address(es) as either party shall have
specified in writing to the other.

11. Law To Govern. This Agreement shall be governed by and construed and
enforced in accordance with the law (other than the law governing conflict of
law questions) of Nevada.

12. Courts. Any action to enforce, arising out of, or relating in any way to,
any of the provisions of this Agreement may be brought and prosecuted in such
court or courts located in Nevada as is provided by law; and the parties consent
to the jurisdiction of the court or courts located in Nevada and to service of
process by registered mail, return receipt requested, or in any other manner
provided by law.

IN WITNESS WHEREOF, Sellers and Purchaser have caused this Agreement to be
executed as of the date first above written.

                                          [PURCHASER]
                                          SEYCHELLE ENVIRONMENTAL
                                             TECHNOLOGIES, INC.

                                          By: Signed
                                             -----------------------------------
                                          Name: Carl Palmer
                                               ---------------------------------
                                          Title: President
                                                --------------------------------

                                          [SELLERS]
                                          SELECT PROPERTY INVESTMENTS, LLC

                                          By: Signed
                                             -----------------------------------
                                          Name: Carl Palmer
                                               ---------------------------------
                                          Title: Manager
                                                --------------------------------

                                          By: Signed
                                             -----------------------------------
                                          Name: Michelle Rae Palmer
                                               ---------------------------------
                                          Title: Manager
                                                --------------------------------

                                          THE TAM IRREVOCABLE TRUST

                                          By: Signed
                                             -----------------------------------
                                          Name: Grace Wiles
                                               ---------------------------------
                                          Title: Trustee
                                                --------------------------------

                                     Page 5

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