Document:

Exhibit 10.26

                                  NONNEGOTIABLE
                                 PROMISSORY NOTE

$250,000 Cdn.                                           Issued: August ___, 2000
Principal Amount                                 Maturity Date: August ___, 2003

     FOR VALUE RECEIVED,  Solpower  Corporation,  a Nevada  corporation,  or its
designee  ("Maker"),  hereby promises to pay to Pico Holdings,  Inc., a Delaware
corporation ("Payee"),  the principal amount ("Principal Amount") of Two Hundred
Fifty  Thousand  Dollars  (Cdn.$250,000)  according to the  following  terms and
conditions. This instrument is not negotiable or assignable by Payee except to a
Permitted  Transferee as defined below.  All references to currency herein refer
to Canadian Dollars.

     1. PAYMENT SCHEDULE.

          All unpaid portions of the Principal  Amount of this Note shall be due
and payable on August ___, 2003 (the "Maturity Date").

     2. ADJUSTMENT AND PREPAYMENT.

          (a) To the  extent  that the  purchase  price  set  forth in the Share
Purchase  Agreement dated August 21, 2000 among the Maker,  the Payee,  James W.
Flowers,  Patricia G. Flowers,  Florcor,  Inc. and Protocol Resources Management
Inc., an Ontario corporation,  is reduced pursuant to Section 2(e) of such Share
Purchase  Agreement or  otherwise,  the  Principal  Amount of this Note shall be
reduced by the same amount  ("Adjustment")  and such Adjustment shall be treated
as a prepayment of this Note as set forth in Section 2(b) below.

          (b) The Maker  shall be  entitled  at any time to prepay any or all of
the Principal  Amount  without  penalty upon thirty (30) days written  notice to
Payee.  Any prepayment shall be credited first to the aggregate unpaid Principal
Amount  and any  Adjustment  in the  Principal  Amount of the Note  pursuant  to
Section  2(a) shall be treated as a prepayment  on the date that the  Adjustment
was made.

     3. DEFAULT.  For purposes of this Note, a "Default" shall be deemed to have
occurred upon any of the following events:

          (a) A failure by Maker to pay any  Principal  Amount  owing under this
Note when due on the Maturity Date;

          (b) A failure by Payee to effect the  Adjustment  in  accordance  with
Section 2; or

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          (c) Maker shall make an assignment for the benefit of creditors, or if
a  receiver  of  Maker's  property  shall  be  appointed,  or if a  petition  in
bankruptcy or for the  reorganization  under any Chapter of any Federal or State
Bankruptcy Act or other similar proceeding under law for relief of debtors shall
be filed by or against Maker, or if any lien of attachment,  execution, lien, or
claim of lien be placed  against  all or any  portion of the assets of the Maker
and is not cleared from the record or reasonably  bonded  against  within ninety
(90) days after it has been filed; unless

          (d) Any such  failure or action by Maker under  Sections  3(a) and (b)
shall not have been cured  within  thirty  (30) days of receipt of a notice from
Payee specifying the alleged Default or failure; and

          (e) Provided,  however, that no delay or omission on the part of Payee
in exercising any right  hereunder shall operate as a waiver of such right or of
any right under this Note. A waiver on any one  occasion  shall not be construed
as a bar to or waiver of any right or remedy on any future  occasion.  Except as
set forth in this  Section 3, Maker  hereby  expressly  waives any  presentment,
demand,  protest,  notice of  protest  or other  notice  of any kind and  hereby
expressly waives and covenants not to assert any appraisement,  stay, extension,
redemption or similar laws,  now or at any time hereafter  enforce,  which might
delay, prevent or otherwise impede the enforcement of this Note.

     4.  ASSIGNMENT.  The rights and obligations of the parties  hereunder shall
not be  assignable by either party without the consent of the other except Payee
may assign its rights to a Permitted Transferee. For purposes hereof a Permitted
Transferee,  shall be a  corporation,  partnership  or other entity,  which is a
successor by will, or other testamentary or non-testamentary transfer to a trust
for  the   benefit  of  the   individual   transferring   Payee  or  by  merger,
reorganization,  consolidation or similar corporate transaction involving any of
the Payees or in the case of the dissolution or liquidation of a  non-individual
Payee, the successor to the Payee or the previous Permitted  Transferee pursuant
to the corporate laws of the state of the formation of the transferring  entity.
To the extent such assignments are allowed, the provisions of this Note shall be
binding upon and inure to the benefit of the parties hereto and their respective
designees,  heirs, legal representatives,  successors and assigns, to the extent
provided herein.

     5.  COSTS.  Maker  shall pay,  on demand,  any and all costs and  expenses,
including  reasonable  attorneys' fees,  incurred by Payees in connection with a
Default and the  collection of any portion of the Principal  Amount and Interest
accrued thereon.

     6. OFFSET.  The amounts due under this Note are not subject to reduction or
offset for any claims of Maker or its  successors or assigns  against any of the
Payees or any third party.

     7. NO CONTINUING  WAIVER.  The waiver of a Default  shall not  constitute a
continuing  waiver or a waiver of any  subsequent  Default.  Maker hereby waives
presentment, demand, dishonor and notice of nonpayment.

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     8. NOTICE. All notices,  requests,  consents and other communications which
may be desired or required hereunder shall be in writing, and shall be deemed to
have been duly given on the date of delivery if delivered in person to the party
named below,  or three (3) days after  mailing if deposited in the United States
mail, first class, registered or certified mail, return receipt requested,  with
postage prepaid, addressed as follows:

     Payee:              Pico Holdings, Inc.
                         875 Prospect Street
                         Suite 301
                         La Jolla, CA  92037
                         Attn: Peter Wood
                         Telecopier:  858-456-6172

     With a copy to:     General Counsel
                         Pico Holdings, Inc.
                         875 Prospect Street
                         Suite 301
                         La Jolla, CA  92037
                         Telecopier: 858-456-6172

     If to Maker:        Solpower Corporation
                         7309 East Stetson Drive
                         Suite 102
                         Scottsdale, AZ 85251
                         Attn: Mr. Mark Robinson
                         Telecopier: 602-947-6324

     With a copy to:     Brand Farrar & Buxbaum LLP
                         515 South Flower Street
                         Suite 3500
                         Los Angeles, CA  90071
                         Attn: Margaret G. Graf
                         Telecopier: 213-426-6222

     10. SEVERABILITY.  If any provision of this Note or the application thereof
to any person or  circumstance  shall be held  invalid or  unenforceable  to any
extent,  the remainder of this Note and the application of any such provision to
other  persons  or  circumstances  shall not be  affected  thereby  and shall be
enforced to the greatest extent permitted by law.

     11.  INTERPRETATION OF DOCUMENT.  The parties hereto  acknowledge and agree
that this Note has been  negotiated  arms  length and  between  parties  equally
sophisticated  and  knowledgeable  in the matters dealt with in this Note.  Each
party has had  access to counsel of their  selection.  Accordingly,  any rule of
law, court decision or other legal  precedent that would require  interpretation
of any  ambiguities  in this Note  against  the party that has drafted it is not
applicable and is waived.

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     12.  GOVERNING LAW AND VENUE.  This Note and the rights and  obligations of
the parties  hereunder and the persons  subject hereto shall be governed by, and
construed and  interpreted  in accordance  with, the law of the State of Nevada,
without giving effect to the choice of law principles thereof.

                                        SOLPOWER CORPORATION,
                                        a Nevada corporation

                                        By: /s/ Mark Robinson
                                            ------------------------------------
                                            Name: Mark Robinson
                                            Title: President and Chief Executive
                                                   Officer

                                        4Exhibit 10.27

NEITHER THIS WARRANT NOR THE SHARES FOR WHICH THIS WARRANT IS  EXERCISABLE  HAVE
BEEN  REGISTERED  UNDER  THE  SECURITIES  ACT OF 1933  OR  QUALIFIED  UNDER  THE
SECURITIES  LAWS  OF ANY  JURISDICTION.  NONE OF SUCH  SECURITIES  MAY BE  SOLD,
PLEDGED, HYPOTHECATED, TRANSFERRED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF AN
EFFECTIVE  REGISTRATION  STATEMENT  UNDER  SAID  ACT OR AN  OPINION  OF  COUNSEL
SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.

                   SOLPOWER CORPORATION, a Nevada corporation
                             Share Purchase Warrant

Number ____________                  Right to Purchase: 1,000,000 Common Shares,
Date of Issuance: August 28, 2000                                $0.01 par value

     1.  WARRANT.  For  value  received,  Pico  Holdings,   Inc.,  a  California
corporation ("Registered Owner") is entitled, on or before August 28, 2003 or an
earlier  date  applicable  in  paragraph  4 below  ("Expiration  Date")  but not
thereafter,  to  exercise  the Warrant  purchase  up to One Million  (1,000,000)
non-assessable  Shares, $0.01 par value ("Shares"),  of Solpower Corporation,  a
Nevada corporation (the "Company"),  from the Company for a purchase price equal
to  forty-three  cents ($0.43) per  Share,  being an amount equal to 110% of the
closing  price of the shares on the date of issuance  of this  Warrant and which
purchase  price is subject to adjustment as provided for herein,  (the "Exercise
Price").

     2. EXERCISE.

          2.1. EXERCISE PERIOD.  The purchase rights represented by this Warrant
are  exercisable at the option of the Registered  Owner in whole at any time, or
in part from time to time,  prior to the  Expiration  Date,  provided  that such
purchase rights shall not be exercisable  with respect to a fraction of a Share.
The Company  will not close its books for the transfer of this Warrant or of any
Shares  issued or issuable upon the exercise of this Warrant in any manner which
interferes with the timely exercise of this Warrant.

          2.2. EXERCISE PROCEDURE.

               (a) This Warrant will be deemed to have been  exercised  upon the
date of surrender (the "Exercise  Date") of this Warrant to the Company together
with a completed and duly executed subscription in the form attached hereto, and
cash  payment  of the  purchase  price  for  each  of the  Shares  purchased  in
immediately available U. S. federal funds in the amount of the Purchase Price .

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               (b)  Certificate  representing  the Shares so purchased  shall be
delivered to the Registered Owner within ten days following the Exercise Date.

               (c) Shares  issuable  upon the  exercise of this  Warrant will be
deemed to have been issued to the Registered Owner on the Exercise Date, and the
Registered  Owner  will be deemed  for all  purposes  to have  become the record
holder of such Shares on the Exercise Date.

               (d) The  Company  covenants  and  agrees  that all  shares  to be
delivered upon the exercise of this Warrant will,  upon  delivery,  be free from
all taxes, liens, and charges with respect to the purchase thereof hereunder.

     3. ADJUSTMENT.

          3.1. SUBDIVISION OR COMBINATION OF SHARES AND SHARE DIVIDENDS.  In the
event that the Company  shall at any time after the Date of  Issuance  issue any
Shares or any rights to purchase  Shares as a dividend  upon its Shares or issue
any Shares in subdivision of outstanding Shares by reclassification or otherwise
or combine outstanding Shares by reclassification or otherwise,  then in each of
said  events  ("Adjustment  Events"),  the  Exercise  Price which would apply if
purchase rights hereunder were being exercised  immediately prior to such action
by the Company shall be adjusted by multiplying it by a fraction,  the numerator
of which  shall be the number of Shares  outstanding  immediately  prior to such
dividend,  subdivision or combination  and the denominator of which shall be the
number of Shares  outstanding  immediately  after such dividend,  subdivision or
combination,  and in such case the number of Shares  which would be  purchasable
hereunder if purchase rights hereunder were being exercised immediately prior to
such action by the Company  shall be  adjusted by  multiplying  it by a fraction
which is the  reciprocal  of the fraction by which the  Exercise  Price shall be
adjusted.

          3.2.  NOTICE OF  ADJUSTMENT.  Immediately  upon any  adjustment of the
Exercise Price or increase or decrease in the number of Shares  purchasable upon
exercise of this Warrant,  the Company will send written  notice  thereof to the
Registered  Owner,  stating  the  adjusted  Exercise  Price,  the  increased  or
decreased  number of Shares  purchasable  upon  exercise of this Warrant and the
calculation for such adjustment and increase or decrease. When appropriate, such
notice may be given in advance and included as part of any notice required to be
given pursuant to Section 4 below.

          3.3 DISCRETION.  Notwithstanding  the provisions of this Section 3, on
the  occurrence of any  Adjustment  Events,  the Company shall have the sole and
exclusive power to make other adjustments as it considers necessary or desirable
with  respect to the Warrants so long as such  adjustment  is not adverse to the
Registered Owner's interests hereunder.

     4. PRIOR NOTICE OF CERTAIN EVENTS. In case at any time any of the following
(collectively "Capital Event") shall occur:

               (a) the Company  shall pay any  dividend  upon its Shares or make
any  distribution  to  the  holders  of  its  Shares  (including   dividends  or
distributions payable in Shares);

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               (b) there shall be any reorganization or  reclassification of the
capital  stock of the Company,  or  consolidation  or merger of the Company with
another  corporation  or a sale or  deposition of all or  substantially  all its
assets;

               (c)  there  shall  be a  voluntary  or  involuntary  dissolution,
liquidation or winding up of the Company; or

               (d) the Company shall  undertake an  underwritten  initial public
offering of its Shares,  and the underwriter or underwriting group shall require
the  acceleration  of the exercise  date of the Warrant,  then,  in each of said
cases,  the Company shall give prior written notice to the  Registered  Owner of
the date on which (i) the books of the Company  shall close or a record shall be
taken  for such  dividend,  distribution  or  subscription  rights  or (ii) such
reorganization,  reclassification,  consolidation,  merger,  sale,  dissolution,
liquidation or winding up shall take place or (iii) the Company shall  undertake
an initial public  offering,  as the case may be. Such notice shall also specify
the date as of which the holders of distribution or subscription rights or shall
be  entitled  to  exchange   their  Shares  for  securities  or  other  property
deliverable upon such reorganization,  reclassification,  consolidation, merger,
sale,  dissolution,  liquidation or winding up, as the case may be. Such written
notice  shall be given at least  twenty days prior to the action in question and
not less than  twenty  days  prior to the  record  date or the date on which the
Company's  transfer books are closed in respect thereto.  To the extent that the
Registered Owner does not, within the period  specified,  exercise this Warrant,
this Warrant shall lapse.

     5. RESTRICTIONS ON TRANSFERS.

          5.1.  TRANSFER  RESTRICTIONS.  Neither  this  Warrant  nor any  rights
hereunder are transferable by the Registered Owner hereof, except with the prior
written  consent of the Company.  The Company may deem and treat the  Registered
Owner of this Warrant at any time as the absolute owner hereof for all purposes.

          5.2.   RESTRICTIVE  LEGEND.  The  Registered  Owner  of  this  Warrant
acknowledges  that neither this Warrant nor the Shares for which this Warrant is
exercisable  have been registered  under the Securities Act of 1933, as amended,
("1933 Act") or qualified  under the  securities  laws of  California  or of any
other  State or  jurisdiction.  The  undersigned  agrees  not to  sell,  pledge,
hypothecate,  transfer or otherwise dispose of this Warrant or any Shares issued
upon its exercise in the absence of (i) an effective  registration  statement as
to this Warrant or such Shares  under the 1933 Act (or any similar  statute then
in effect) or (ii) an opinion  of  counsel  satisfactory  to the  Company to the
effect that such registration is not required.

     6. NO FURTHER RIGHTS.  This Warrant shall not entitle the Registered  Owner
to any voting rights or other rights as a shareholder of the Company,  or to any
other rights  whatsoever  except the rights herein  expressed,  and no dividends
shall  be  payable  or  accrue  in  respect  of  this  Warrant  or the  interest
represented  hereby or the shares  purchasable  hereunder  until or unless,  and
except to the extent that, this Warrant shall be exercised.

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     7.  RESERVATION  OF SHARES.  The Company agrees at all times to reserve and
hold  available  for issuance a  sufficient  number of  authorized  but unissued
Shares as will be sufficient to permit the exercise in full of this Warrant, and
upon such  issuance  all such  Shares  will be  validly  issued,  fully paid and
nonassessable and not in violation of the preemptive rights of any person.

     8. GENERAL.

          8.1. NOTICES.  Any notices required to be sent to the Registered Owner
will be delivered to the address of such Registered  Owner shown on the books of
the Company.  All notices referred to herein will be delivered in person or sent
by first class mail, postage prepaid, and will be deemed to have been given when
so delivered or sent.

          8.2.  ASSIGNMENT.  This Warrant shall be binding upon and inure to the
benefit of both parties hereto and their respective  successors and assigns.  If
any provision of this Warrant shall be held to be invalid or  unenforceable,  in
whole or in part,  neither the validity nor the  enforceability of the remainder
hereof shall in any way be affected.

          8.3.  HEADINGS.  The headings in this  Agreement are included only for
convenience  and  shall  not  affect  the  meaning  or  interpretation  of  this
Agreement.  The words  "herein" and  "hereof" and other words of similar  import
refer  to this  Agreement  as a whole  and  not to any  particular  part of this
Agreement.  The word  "including" as used herein shall not be construed so as to
exclude any other thing not referred to or described.

     IN WITNESS  WHEREOF,  the Company has caused this Warrant to be executed by
its duly authorized officer.

                                        SOLPOWER CORPORATION

                                        By: /s/ Mark S. Robinson
                                            ------------------------------------
                                            Name:  Mark S. Robinson
                                            Title: President and CEO

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                              FORM OF SUBSCRIPTION
                  (To be signed only upon exercise of Warrant)

TO: SOLPOWER CORPORATION

     The  undersigned,  the  Registered  Owner  of the  within  Warrant,  hereby
irrevocably  elects to exercise the purchase rights  represented by such Warrant
for,  and to purchase  thereunder,  __________________  Common  Shares $0.01 par
value of Solpower  Corporation and herewith makes Payment by delivery of cash or
other immediately available federal funds of $___________. If such Common Shares
shall not be all of the  Shares  purchasable  hereunder,  a new  Warrant of like
tenor for the  balance  of the  Common  Shares  purchasable  hereunder  shall be
delivered to the undersigned.

Dated:
       ------------------------------   ----------------------------------------

                                        ----------------------------------------

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