Document:

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                                                                   EXHIBIT 10.19
                              EMPLOYMENT AGREEMENT

         Made as of the 1st day of January, 2001 by and between S2 Golf
Acquisition Corp. d/b/a Lady Fairway ("Lady Fairway"), a wholly owned subsidiary
of S2 Golf Inc., a New Jersey corporation with its principal place of business
in Fairfield, New Jersey ("S2 Golf"), S2 Golf, and James E. Jones of Tampa,
Florida ("JEJ") as follows:

         WHEREAS, the parties desire to: (i) provide for the employment of JEJ
in the management of Lady Fairway and S2 Golf, and (ii) provide for a valid and
enforceable covenant by JEJ not to compete with Lady Fairway and/or S2 Golf in
the conduct of their businesses and in the geographical area described in
Exhibit A hereto ("Business") for the period herein described; and (iii) fix the
compensation of JEJ for such services and covenant;

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

         1. TERM. S2 Golf and Lady Fairway hereby hire and employ JEJ for a
period beginning on the effective date of this Agreement, and terminating on the
close of business on December 31, 2005 unless the Agreement is terminated sooner
as provided herein (the "Employment Period").

         2. DUTIES. During the Employment Period, JEJ shall devote his full
business time and attention to the business of Lady Fairway and S2 Golf and to
such activities as may be assigned to him from time to time by Lady Fairway and
S2 Golf. JEJ will report to the President of S2 Golf and have the titles and
responsibilities of President of Lady Fairway and Vice President of Marketing of
S2 Golf and will serve Lady Fairway and S2 Golf diligently and faithfully in the
Business and use his best endeavors to promote the interests of Lady Fairway and
S2 Golf and will perform such services at such reasonable times and places as
Lady Fairway and S2 Golf may direct in connection with the Business. Such
services shall include, but not be limited to, overseeing the business affairs
of Lady Fairway, coordinating S2 Golf's clothing line and managing the marketing
efforts of S2 Golf.

         3. SALARY. In consideration of the services to be performed by JEJ, he
will receive an annual gross salary of $100,000 (the "Base Salary"). The Base
Salary shall be paid in accordance with S2 Golf's regular payroll policies.

         4. BONUS PLAN.

         (a) S2 Golf may, during the Employment Period, grant to JEJ common
stock options for certain numbers of shares of S2 Golf's common stock (the
"Stock Options").

         (b) The exercise price and the number of shares exercisable under any
Stock Option shall be adjusted accordingly for any subsequent common stock
splits, reverse common stock splits, recapitalizations, etc.

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         (c) Notwithstanding any other provision of this paragraph 4 to the
contrary, if a Change in Control (as defined below) of Lady Fairway or S2 Golf
occurs, then: (i) all of the then "non-vested" shares of any Stock Option shall
be and become exercisable immediately prior to such Change in Control (each, an
"Accelerated Share"; combined, the "Accelerated Shares"); (ii) the exercise
price for each Accelerated Share of any Stock Option shall be either (a) one (1)
cent ($.01) or (b) the lowest greater exercise price per Accelerated Share which
will not cause the value to JEJ of all the shares of any Stock Options exercised
upon such Change in Control to be considered an "excess parachute payment" under
Section 280G of the Internal Revenue Code of 1986, as amended; and (iii) the
exercise price of the then "vested" shares of any Stock Option shall be the
exercise price determined in clause (ii) above; provided, however, that in no
event shall the exercise price of the then "vested" shares of any Stock Option
be in excess of the Exercise Price originally determined upon the grant of such
Stock Option.

         (d) A Change in Control shall be deemed to have occurred if (i) Lady
Fairway or S2 Golf shall be merged or consolidated with any corporation (other
than with any of its subsidiaries), (ii) Lady Fairway or S2 Golf shall sell all
or substantially all of its operating properties and assets or (iii) any person
(including any person, association, corporation or other entity) becomes a
beneficial owner, directly or indirectly, of securities of Lady Fairway or S2
Golf representing more than 50% of the combined voting power of the then
outstanding securities of Lady Fairway or S2 Golf.

         5. BENEFITS. During the Employment Period, JEJ shall be entitled to
receive all benefits listed on Exhibit B attached hereto. S2 Golf reserves the
right to alter, abolish, change or improve any such benefit provided, however,
JEJ shall, at all times, receive the same benefits as the benefits provided by
Lady Fairway or S2 Golf to all other senior executives. Lady Fairway agrees to
maintain, at Lady Fairway's expense, adequate insurance coverage for JEJ's use
of the van owned by Lady Fairway. Lady Fairway's obligation to maintain such
insurance pursuant to this paragraph 5 shall cease upon relocation of Lady
Fairway's operations from Tampa, Florida to New Jersey.

         6. TERMINATION.

         (a) S2 Golf may terminate JEJ's employment under this Agreement, and
JEJ's Base Salary shall cease to accrue, if, and only if, any of the following
shall occur:

                  (i) JEJ dies; or

                  (ii) in the event JEJ is determined to suffer from a
Disability, 90 days after the onset of such Disability. The term "Disability" is
defined as a medically determinable physical or mental impairment which renders
JEJ incapable of performing his employment duties with S2 Golf or Lady Fairway
and which can be expected to result in death or to be of long continued and
indefinite duration. Lady Fairway shall select a physician to determine whether
JEJ is Disabled, as hereinabove defined, and such determination shall be binding
and conclusive; or

                  (iii) S2 Golf and Lady Fairway have discharged JEJ for cause.
Cause shall be determined by S2 Golf and shall mean JEJ's personal dishonesty,
incompetence, willful misconduct, breach of fiduciary duty involving personal
profit, failure to perform his duties

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described herein, willful violation of any law, rule or regulation (other than
traffic violations or similar offenses) or final cease and desist order,
material breach of any provision of this Agreement or acceptance of employment
other than with S2 Golf and Lady Fairway; or

                  (iv) JEJ violates the provisions of this Agreement; or

                  (v)  JEJ voluntarily terminates his employment with S2 Golf
or Lady Fairway; or

                  (vi) there has been a Change in Control and in conjunction
with such Change in Control JEJ's duties are modified, without JEJ's express
written consent, so as to no longer include the title and responsibility of
either (a) President of Lady Fairway or (b) Vice President of Marketing of S2
Golf.

         (b) If JEJ's employment is terminated, whether such termination be
pursuant to the terms of this paragraph 6, by expiration of the Employment
Period, or otherwise, all further obligations of Lady Fairway and S2 Golf to JEJ
shall cease. Likewise, if JEJ's employment is terminated, all obligations owed
by JEJ to Lady Fairway and S2 Golf shall cease provided, however, that JEJ shall
continue to comply with the terms of the covenant not to compete contained in
this Agreement unless JEJ's employment is terminated pursuant to paragraphs
6(a)(i) or 6(a)(vi) and an agreeable employment agreement cannot be developed
between all parties. In the event of termination, JEJ shall be entitled to any
unpaid balance of JEJ's salary prorated and accrued to the date of termination.
No provision of this Agreement shall be construed as to prejudice any right or
remedy available to S2 Golf, Lady Fairway or JEJ in any case of termination.

         7. CONFIDENTIALITY. JEJ will treat as confidential and will not,
without written approval of Lady Fairway and/or S2 Golf, use, other than in the
performance of his designated duties to Lady Fairway and S2 Golf, or publish,
disclose, copyright or authorize anyone else to use, publish, disclose or
copyright, during the term of employment under this Agreement any information
relating to inventions, processes, formulas, systems, plans, programs, studies,
techniques, "know-how", products, product development, product costing, product
pricing, or trade secrets of Lady Fairway and S2 Golf, or any affiliated
entities of Lady Fairway and S2 Golf, or any other information which Lady
Fairway, S2 Golf or such entities might prefer or require to remain undisclosed
including information relating to any of the activities, operations or affairs
of Lady Fairway, S2 Golf or of such entities, it being understood that such
confidential information does not include information that is publicly available
or known. JEJ will diligently protect such confidential information against loss
by inadvertent or unauthorized disclosure and will comply with any rules
established by Lady Fairway and/or S2 Golf for the purpose of protecting such
confidential information.

         8. ASSIGNMENT. This Agreement is not assignable by JEJ but is
assignable by S2 Golf to any affiliate or successor entity. As used in this
Agreement, the term "S2 Golf" shall include any entity to which this Agreement
shall have been assigned by S2 Golf.

         9. PATENTS AND INVENTIONS. JEJ will promptly submit to S2 Golf written
disclosures of all inventions, improvements and discoveries, relating to the
Business, whether or not

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patentable (hereinafter call "Inventions"), which are made or conceived by him,
alone or jointly with others, while in its employ. Title to all such Inventions
that shall be within the existing or contemplated scope of Lady Fairway's and S2
Golf's businesses at the time such inventions are made or conceived or which
result from or are suggested by any work he or others may do for or on behalf of
Lady Fairway and/or S2 Golf, together with such patent, patents or other legal
protection as may be obtained thereon in the United States of America and all
foreign countries, shall belong to Lady Fairway. JEJ will assign any rights or
interest in such title to Lady Fairway, and, upon the request of Lady Fairway,
will at any time during his employment with Lady Fairway and after its
termination for any reason, execute all proper papers for use in applying for,
obtaining, maintaining and enforcing such patents or other legal protection as
Lady Fairway may desire and will execute and deliver all proper assignments
thereof, when so requested, without remuneration but at the expense of Lady
Fairway.

         10. NON-COMPETITION.

         (a) During the term of this Agreement JEJ will not, directly or
indirectly, engage in any activity similar to that of any part of the Business
or otherwise in competition with the Business.

         (b) For one year after the termination of this Agreement (for any
reason other than as a result of the event described in subparagraphs 6(a)(i) or
(vi)) JEJ will not, directly or indirectly engage in any activity for any person
or entity the purpose of which activity is to assist such person or entity in
any manner in either: (i) soliciting or obtaining an endorsement of such
person's or entity's products by the Ladies Professional Golf Association
("LPGA") for which Lady Fairway and/or S2 Golf has an exclusive or non-exclusive
license from the LPGA or (ii) establishing a women's golf club or golf shoe
product line where such person or entity had no such product line previously.

         (c) JEJ shall not engage in any activity described in subparagraphs
10(a) or 10(b) in any place in the United States of America involving sales to
anyone who is or was, or any entity that is or was a customer of Lady Fairway
and/or S2 Golf during the Employment Period.

         (d) JEJ shall be deemed to be engaged in the activities described in
subparagraphs 10(a) or 10(b) directly or indirectly if he is an employee,
officer, director, trustee, agent, representative or partner of, or a consultant
or advisor to or for, any person, firm, corporation, association, trust or other
entity (other than S2 Golf, Lady Fairway or any of their respective affiliates,
subsidiaries, or successors) which is engaged in such business or if he owns,
directly or indirectly, in excess of five percent (5%) of the outstanding stock
or shares or has a beneficial or other financial interest exceeding five percent
(5%) of the net assets of any such person, firm, corporation, association, trust
or other entity. The foregoing shall not be construed to prohibit the mere
ownership by JEJ of investments not representing a controlling interest in any
securities traded in over-the-counter market or listed on any national
securities exchange.

         (e) JEJ agrees that the remedy at law for any breach or threatened
breach of the covenant contained in this paragraph 10 will be inadequate and
that any breach or threatened breach would cause such immediate and permanent
damage as would be impossible to ascertain, and, therefore, JEJ agrees and
consents that in the event of any breach or threatened breach of

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any provision of such covenant by him, in addition to any and all other legal
and equitable remedies available to Lady Fairway and/or S2 Golf for such breach
or threatened breach including a recovery of damages, Lady Fairway and/or S2
Golf shall be entitled to obtain preliminary or permanent injunctive relief
without the necessity of proving actual damage by reason of such breach or
threatened breach and, to the extent permitted by applicable statutes and rules
of procedure, a temporary restraining order (or similar procedural device) may
be granted immediately upon the commencement of such action.

         (f) To the extent that any obligation to refrain from competing within
an area, for a period of time or with respect to a product or service, as
provided in this paragraph 10 is invalid or unenforceable, it shall, to the
extent that it is invalid or unenforceable, be deemed void AB INITIO, and the
remaining obligations imposed by the provisions of this Agreement shall be fully
enforceable as if such invalid or unenforceable provisions had not been included
herein. The parties intend for this covenant to be enforceable to the maximum
extent permitted by law, and if any reviewing court deems it overbroad, such
court may reduce the time element by months, and the area by counties to achieve
the intention of the parties.

         11. INDEMNIFICATION. The parties acknowledge that as the result of
JEJ's service as an officer of Lady Fairway and S2 Golf, JEJ exposes himself to
risks of personal liability arising from, and pertaining to, JEJ's participation
in the management of Lady Fairway and S2 Golf. Lady Fairway and S2 Golf shall
defend, indemnify and hold harmless JEJ from any actual cost, loss, damages,
attorneys fees, and liability suffered or incurred by JEJ arising out of, or
connected to, JEJ's service as an officer of Lady Fairway and S2 Golf, to the
extent allowed under New Jersey corporate law. Lady Fairway and S2 Golf shall
not be obligated to indemnify JEJ if the cost, loss, damage, or liability
results from JEJ's violation of the Securities Exchange Act of 1934, as amended,
JEJ's violation of criminal law, a transaction from which JEJ received an
improper personal benefit, JEJ's violation of Section 607.0834 of the Florida
Business Corporation Act, or JEJ's willful misconduct or a conscious disregard
for the best interests of Lady Fairway and S2 Golf. Lady Fairway and S2 Golf
will not have any obligation to JEJ under this section for any loss suffered if
JEJ voluntarily pays, settles, compromises, confesses judgment for, or admits
liability with respect to without the approval of Lady Fairway and S2 Golf.
Within thirty days after JEJ receives notice of any claim or action which may
give rise to the application of this section, JEJ shall notify Lady Fairway or
S2 Golf in writing of the claim or action. JEJ's failure to timely notify Lady
Fairway or S2 Golf of the claim or action will relieve Lady Fairway and S2 Golf
from any obligation to JEJ under this section.

         12. NO RELOCATION.

         (a) S2 Golf and Lady Fairway acknowledge that (i) on the date of this
Agreement, JEJ resides in Tampa, Florida; and (ii) the relocation of JEJ's
residence outside of Tampa, Florida is not a condition of JEJ's employment by S2
Golf or Lady Fairway.

         (b) S2 Golf and Lady Fairway shall provide JEJ with an appropriately
staffed office in Hillsborough County, Florida, which will enable JEJ to fulfill
his duties and obligations under this Agreement.

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         (c) In the event of a breach of paragraphs 12(a) or 12(b) by either S2
Golf or Lady Fairway, JEJ will be entitled to terminate this Agreement
immediately and will have no other obligations to Lady Fairway or S2 Golf
arising out of this Agreement, including, without limitation, JEJ's obligations
under paragraph 10; provided, however that JEJ's obligations to Lady Fairway and
S2 Golf under paragraphs 7 and 9 will continue.

         13. BINDING EFFECT. This Agreement shall be binding upon the parties
hereto, their heirs, legal representatives, successors and permitted assigns.

         14. GOVERNING LAW AND SELECTION OF FORUM. This Agreement shall in all
respects be governed by and construed in accordance with the laws of the State
of New Jersey.

         15. SOLE AGREEMENT. This Agreement supercedes all prior agreements and
understandings between the parties with respect to the employment contemplated
hereby and may not be changed or amended orally. No change, termination or
attempted waiver of any of the provisions of this Agreement shall be of any
effect unless the same is set forth in writing and duly executed by the party
against which it is sought to be enforced.

         16. ATTORNEY'S FEES. The prevailing party in any action brought to
enforce the provisions of this Agreement shall be entitled, in addition to such
other relief that may be granted, to a reasonable sum for attorney's fees and
costs incurred by such party in enforcing this Agreement (including fees
incurred on any appeal).

         17. NOTICE. Any notice required or permitted to be given under this
Agreement shall be sufficient if it is in writing and sent by hand delivery or
by United States Express Mail service to the parties at the following addresses:

                  To Lady Fairway or to S2 Golf:   18 Gloria Lane
                                                   Fairfield, New Jersey 07004
                                                   Attn:  Robert L. Ross
                                                   Chairman and CEO

                  To JEJ:                          3803 Corporex Park Drive
                                                   Suite 400
                                                   Tampa, Florida  33619

         18. AUTHORITY. S2 Golf and Lady Fairway possess the corporate power and
authority necessary to execute this Agreement.

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         IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
duly executed as of the date first above written.

                                     S2 GOLF INC.

                                     /s/ Robert L. Ross
                                     ------------------------------------------
                                     Robert L. Ross
                                     Chairman and CEO

                                     S2 GOLF ACQUISITION CORP.
                                     d/b/a Lady Fairway

                                     /s/ Douglas A. Buffington
                                     ------------------------------------------
                                     Douglas A. Buffington
                                     President

                                     /s/ James E. Jones
                                     ------------------------------------------
                                     James E. Jones

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                                    EXHIBIT A

         The ownership, management or operation of any business enterprise which
is engaged in the manufacture, assembly, purchase for resale and/or wholesale
distribution of golf clubs, golf bags, golf balls, golf shoes and/or golf
apparel in the United States of America and/or Canada.

         All of the foregoing is collectively referred to herein as the
"Business."

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                                    EXHIBIT B

1.       Annual vacation in accordance with S2 Golf policy.

2.       Health benefits in accordance with S2 Golf policy.

3.       Long term disability insurance with benefits at 80% of Base Salary.

4.       Reimbursement of all ordinary and necessary travel and entertainment
         expenses.

                                       9<PAGE>   1
                                                                   EXHIBIT 10(a)

                             MYERS INDUSTRIES, INC.

                              Amended and Restated
                          EMPLOYEE STOCK PURCHASE PLAN

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                             MYERS INDUSTRIES, INC.
                              Amended and Restated
                          EMPLOYEE STOCK PURCHASE PLAN

                                TABLE OF CONTENTS

1.       Purpose .............................................................1
2.       Term of Plan.........................................................1
3.       Definitions .........................................................1
4.       Administration ......................................................3
5.       Maximum Limitations .................................................3
6.       Basis of Participation and Granting of Rights to Purchase ...........3
7.       Terms of Rights to Purchase .........................................4
8.       Manner of Exercise of Rights to Purchase, Return of Funds
         and Payment for Common Stock ........................................5
9.       Transferability .....................................................5
10.      Adjustment Provisions ...............................................6
11.      Dissolution, Merger and Consolidation ...............................6
12.      Plan Approval .......................................................6
13.      Limitation on Rights to Purchase ....................................6
14.      Miscellaneous .......................................................7

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                             MYERS INDUSTRIES, INC.
                              Amended and Restated
                          EMPLOYEE STOCK PURCHASE PLAN

         WHEREAS, Myers Industries, Inc. (the "Company") and its Subsidiaries
(as defined herein) established an Employee Stock Purchase Plan on March 28,
1986, which plan was approved by the shareholders at their annual meeting in
April, 1986 (the "Plan"). The Plan provides the opportunity for employees to
purchase common stock of the Company on a favorable, payroll deduction basis;
and

         WHEREAS, the Company has determined to make certain changes to the
Plan, which changes were approved by the shareholders on April 30, 1998.

         NOW, THEREFORE, the Company hereby amends and restates the Plan as of
April 30, 1998, the terms of which shall be as follows:

1.       PURPOSE

         The purpose of this Amended and Restated Employee Stock Purchase Plan
is to encourage stock ownership in the Company by all employees of the Company
and its Subsidiaries so that the employees may acquire or increase their
proprietary interest in the success of the Company, and to encourage them to
remain in the employ of the Company.

2.       TERM OF PLAN

         The Plan will continue from year to year, but it may be modified or
discontinued by the Company at any time.

3.       DEFINITIONS

         Whenever used herein, the following words and phrases shall have the
meanings stated below unless a different meaning is plainly required by the
context:

               (a) "Board" means the Board of Directors of the Company.

               (b) "Code" means the Internal Revenue Code of 1986, as amended
          from time to time.

               (c) "Committee" shall mean the committee appointed by the Board
          to administer the Plan, as further provided in Section 4.

               (d) "Common Stock" means shares of the common stock of the
          Company, no par value.

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               (e) "Company" means Myers Industries, Inc., and any successor in
          a reorganization or similar transaction.

               (f) "Eligible Employee" means each person who, at the
          commencement of the Grant Period immediately preceding a Grant Date,
          has been continuously employed by the Company or a Subsidiary for at
          least one (1) year.

               (g) "Exercise Period" means the one (1) business day following
          the Grant Date.

               (h) "Fair Market Value" shall mean with respect to a given Grant
          Date, the closing sales price of a share of Common Stock, as reported
          by the American Stock Exchange at the close of business on the Grant
          Date. The foregoing notwithstanding, the Board may determine the Fair
          Market Value in such other manner as it may deem more appropriate for
          Plan purposes, as is required by applicable laws or regulations, or as
          deemed administratively expedient. Notwithstanding any provision of
          the Plan to the contrary, no determination made with respect to the
          Fair Market Value of Common Stock subject to a Right to Purchase shall
          be inconsistent with Section 423 of the Code or regulations
          thereunder.

               (i) "Grant Date" means the last day of each calendar quarter
          commencing after April 30, 1998.

               (j) "Grant Period" means the calendar quarter, commencing on the
          day immediately following a Grant Date and ending on the subsequent
          Grant Date, during which a Participant can make payroll deduction
          contributions towards purchasing shares of Common Stock.

               (k) "Participant" shall mean an Eligible Employee who has filed
          with the Plan Administrator an affirmative election to participate in
          the Plan.

               (l) "Plan" means the Amended and Restated Myers Industries, Inc.
          Employee Stock Purchase Plan as set forth herein.

               (m) "Plan Administrator" means the Board, unless the Board has
          appointed or contracted with a party or parties to provide assistance
          with regard to the administration of the Plan, then the party
          designated by the Board.

               (n) "Purchase Price" means ninety percent (90%) of the Fair
          Market Value per share of Common Stock as of the applicable Grant
          Date.

               (o) "Right to Purchase" means a right granted hereunder which
          will entitle an Eligible Employee to purchase shares of Common Stock.

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               (p) "Subsidiary" or "Subsidiaries" means a corporation or
          corporations of which stock possessing at least eighty percent (80%)
          of the total combined voting power of all classes of stock entitled to
          vote is owned by the Company or by any other Subsidiary or
          Subsidiaries.

4.       ADMINISTRATION

         The Plan will be administered by a committee appointed by the Board
(hereinafter referred to as the "Committee"). The Committee shall consist of not
less than three (3) members of the Board. The Board may, from time to time,
remove members from, or add members to, the Committee. Vacancies on the
Committee, howsoever caused, shall be filled by the Board. Acts of a majority of
the Committee at a meeting at which a quorum is present, or acts reduced to or
approved in writing by a majority of the members of the Committee, shall be
valid acts of the Committee.

         The interpretation and construction by the Committee of any provisions
of the Plan shall be final unless otherwise determined by the Board. No member
of the Board or the Committee shall be liable for any action or determination
made in good faith with respect to the Plan.

5.       MAXIMUM LIMITATIONS

         The aggregate number of shares of Common Stock available for grant as
Rights to Purchase pursuant to Section 6 shall not exceed 75,000, subject to
adjustment pursuant to Section 10 hereof. Shares of Common Stock granted
pursuant to the Plan may be authorized but unissued shares, shares now or
hereafter held in the treasury of the Company or shares purchased on the open
market. In the event that any Rights to Purchase granted under Section 6 expire
unexercised, or are terminated, surrendered or canceled without being exercised,
in whole or in part, for any reason, the number of shares of Common Stock
theretofore subject to such Right to Purchase shall again be available for grant
as a Right to Purchase and shall not reduce the aggregate number of shares of
Common Stock available for grant as such Rights to Purchase as set forth in the
first sentence of this Section.

6.       BASIS OF PARTICIPATION AND GRANTING OF RIGHTS TO PURCHASE

               (a) Eligible Employees who wish to participate in the Plan shall
          execute a form to be furnished by the Company indicating that they
          authorize and instruct the Company to deduct from their weekly or
          semi-monthly pay a specified amount, to be applied to the purchase of
          the Company's Common Stock for each individual's account. Payroll
          deductions may not be less than Five and no/l00ths Dollars ($5.00) per
          week and not more than ten percent (10%) of the Eligible Employee's
          salary and wages. Payroll deductions may be made in whole dollar
          amounts only, and the amount of payroll deductions may be changed or
          terminated by the Participant at any time subject to the limitations
          set forth above. Payroll deductions, or revisions thereto, will be
          effective and will commence with pay checks issued not later than the
          second pay period following receipt of the Participant's signed
          payroll deduction authorization or notice.

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               (b) Each Participant who is an employee on a Grant Date,
          commencing with the Grant Date which occurs on June 30, 1998, and,
          subject to earlier termination of the Plan pursuant to Section 14(c)
          hereof, ending with the last Grant Date on which shares of Common
          Stock are available for grant within the limitation set forth in
          Section 5, is granted a Right to Purchase hereunder which will entitle
          him or her to purchase from such funds contributed on a payroll
          deduction basis, at the Purchase Price per share applicable to such
          Grant Date, the number of whole shares of Common Stock equal to the
          Participant's payroll deductions made during the Grant Period
          immediately prior to the Grant Date divided by such applicable
          Purchase Price per share of Common Stock. If the funds allocated to a
          Participant are not sufficient to purchase a whole share of Common
          Stock or are not evenly divisible into the Purchase Price of whole
          shares of Common Stock, the Participant's funds, or the balance
          thereof remaining after purchase of the greatest number of whole
          shares of Common Stock, as the case may be, will be retained by the
          Company in a non-interest bearing suspense account until the next
          Grant Date, when such funds, along with any other funds received from
          the Participant during Grant Period ending on such Grant Date, shall
          be applied towards the purchase of Common Stock in accordance with
          this subparagraph (b). Each Participant on a Grant Date shall receive
          a Right to Purchase pursuant to the terms of this subparagraph. The
          Grant Date applicable to a Right to Purchase granted pursuant to this
          subparagraph (b) shall be the date of grant of such Right to Purchase
          Shares.

               (c) If the number of shares of Common Stock for which Rights to
          Purchase are granted pursuant to this Section 6 exceeds the applicable
          number set forth in Section 5, then the Rights to Purchase granted
          under Section 6(b) to all Participants shall, in a nondiscriminatory
          manner which shall be consistent with Section 13(d) of the Plan, be
          reduced in the same proportion as the funds held by the Company on
          behalf of each Participant bears to the total amount of funds held by
          the Company on behalf of all Participants in the Plan, and the balance
          of the funds credited to each Participant shall be refunded to the
          Participant.

7.       TERMS OF RIGHTS TO PURCHASE

               (a) Each Right to Purchase shall, unless sooner expired pursuant
          to Section 7(b), become exercisable on its Grant Date and shall be
          exercisable during the Exercise Period with respect to the said Grant
          Date. Each Right to Purchase not exercised during such Exercise Period
          shall expire at the termination of the Exercise Period.

               (b) A Right to Purchase shall expire on the first to occur of the
          end of the applicable Exercise Period, or the date that the employment
          of the Participant with the Company and its Subsidiaries terminates
          for any reason, other than disability or leave of absence.

8.       MANNER OF EXERCISE OF RIGHTS TO PURCHASE, RETURN OF FUNDS AND PAYMENT
         FOR COMMON STOCK

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               (a) A Right to Purchase which has not otherwise expired shall be
          deemed exercised by a Participant during the applicable Exercise
          Period, unless the Participant delivers written notice to the Plan
          Administrator within the period required stating that (i) the
          Participant chooses not to exercise the Right to Purchase, or (ii) the
          Participant withdraws and terminates his or her withholding
          authorization in writing during the Grant Period immediately preceding
          the Grant Date. Written notice of a choice not to exercise the Right
          to Purchase will be effective if it is delivered pursuant to the
          requirements set forth by the Company on or before the last day of the
          Exercise Period. A written notice delivered prior to the commencement
          of the Exercise Period will not become effective until the first day
          of the Exercise Period, and until effective may be revoked by a
          Participant by delivery of a written revocation to the Company.

               In the event of withdrawal and termination, or in the event a
          Right to Purchase expires due to termination of employment under
          Section 7(b), all funds withheld will be returned to Participant.

               (b) Payment for the exercise of a Right to Purchase shall be made
          from a Participant's payroll deduction account funded during the Grant
          Period immediately preceding the Grant Date. It is the intention of
          the Company that Rights to Purchase shall be exercisable through funds
          accumulated through payroll deduction only, and any variation from
          this policy requires the express approval of the Board.

               (c) Stock certificates for Common Stock purchased by Participants
          pursuant to this Plan shall be issued in the name of the Participant
          on or before the Grant Date for the Grant Period following the Grant
          Period in which a purchase of Common Stock is made in the name of the
          Participant.

               (d) Interest shall not be paid on any funds withheld or credited
          to the account of any Participant.

9.       TRANSFERABILITY

         No Right to Purchase may be transferred, assigned, pledged or
hypothecated (whether by operation of law or otherwise), except as provided by
will or the applicable laws of descent or distribution, and no Right to Purchase
shall be subject to execution, attachment or similar process. Any attempted
assignment, transfer, pledge, hypothecation or other disposition of a Right to
Purchase, or levy of attachment or similar process upon the Right to Purchase
not specifically permitted herein, shall be null and void and without effect.

10.      ADJUSTMENT PROVISIONS

         The aggregate number of shares of Common Stock with respect to which
Rights to Purchase may be granted, the aggregate number of shares of Common
Stock subject to each outstanding Right

                                        5
<PAGE>   8

to Purchase, and the Purchase Price per share of each Right to Purchase may all
be appropriately adjusted as the Board may determine for any increase or
decrease in the number of shares of issued Common Stock resulting from a
subdivision or consolidation of shares, whether through reorganization,
recapitulation, stock split-up, stock distribution or combination of shares, or
the payment of a share dividend or other increase or decrease in the number of
such shares outstanding effected without receipt of consideration by the
Company. Adjustments under this Section 10 shall be made according to the sole
discretion of the Board, and its decision shall be binding and conclusive.

11.      DISSOLUTION, MERGER AND CONSOLIDATION

         Upon the dissolution or liquidation of the Company, or upon a merger or
consolidation of the Company in which the Company is not the surviving
corporation, each Right to Purchase granted hereunder shall expire as of the
effective date of such transaction.

12.      PLAN APPROVAL

         The Plan was approved by the Company's shareholders on April 30, 1998.

13.      LIMITATION ON RIGHTS TO PURCHASE

         Notwithstanding any other provisions of the Plan:

                  (a) The Company intends that Rights to Purchase granted and
         Common Stock issued under the Plan shall be treated for all purposes as
         granted and issued under an employee stock purchase plan within the
         meaning of Section 423 of the Code and regulations issued thereunder.
         Any provisions required to be included in the Plan under said Section
         and regulations issued thereunder are hereby included as fully as
         though set forth in the Plan at length.

                  (b) No Participant shall be granted a Right to Purchase under
         the Plan if, immediately after the Right to Purchase was granted, the
         Participant would own stock possessing five percent (5%) or more of the
         total combined voting power or value of all classes of stock of the
         Company or of any parent or Subsidiary of the Company. For purposes of
         this Section 13(b), stock ownership of an individual shall be
         determined under the rules of Section 424(d) of the Code, and stock
         which the Participant may purchase under outstanding Rights to Purchase
         shall be treated as stock owned by the Participant.

                  (c) No Participant shall be granted a Right to Purchase under
         the Plan which permits his or her Rights to Purchase under all employee
         stock purchase plans (as defined in Section 423 of the Code) of the
         Company and any parent or Subsidiary of the Company to accrue at a rate
         which exceeds Twenty Five Thousand Dollars ($25,000) of Fair Market
         Value of such stock (determined at the time of the grant of such Right
         to Purchase) for each calendar year in which such Right to Purchase is
         outstanding at any time. Any Right to

                                        6

<PAGE>   9

         Purchase granted under the Plan shall be deemed to be modified to the
         extent necessary to satisfy this subparagraph (c).

               (d) All Participants shall have the same rights and privileges
          under the Plan, except that the amount of Common Stock which may be
          purchased under Rights to Purchase granted pursuant to Section 6(a)
          shall bear a uniform relationship to the salary and wages of
          Participants. All rules and determinations of the Board in the
          administration of the Plan shall be uniformly and consistently applied
          to all persons in similar circumstances.

14.      MISCELLANEOUS

               (a) LEGAL AND OTHER REQUIREMENTS. The obligations of the Company
          to sell and deliver Common Stock under the Plan shall be subject to
          all applicable laws, regulations, rules and approvals, including but
          not by way of limitation, the effectiveness of a registration
          statement under the Securities Act of 1933 if deemed necessary or
          appropriate by the Company.

               (b) NO OBLIGATION TO EXERCISE RIGHTS TO PURCHASE. The granting of
          a Right to Purchase shall impose no obligation upon a Participant to
          exercise such Right to Purchase.

               (c) TERMINATION AND AMENDMENT OF PLAN. The Board, without further
          action on the part of the shareholders of the Company, may from time
          to time alter, amend or suspend the Plan or any Right to Purchase
          granted hereunder or may at any time terminate the Plan, except that
          it may not (except to the extent provided in Section 10 hereof): (i)
          change the total number of shares of Common Stock available for grant
          under the Plan; (ii) extend the duration of the Plan; (iii) increase
          the maximum term of Rights to Purchase; (iv) change the Purchase
          Price; (v) change the class of Eligible Employees; or (vi) effect a
          change inconsistent with Section 423 of the Code or regulations issued
          thereunder. No action taken by the Board under this Section may
          materially and adversely affect any outstanding Right to Purchase
          without the consent of the holder thereof.

               (d) WITHHOLDING TAXES. Upon the exercise of any Right to Purchase
          under the Plan, or at any time required by law, the Company or the
          Plan Administrator shall have the right to require the Participant to
          remit to the Company an amount sufficient to satisfy all federal,
          state and local withholding and other tax requirements prior to the
          delivery of any certificate or certificates for shares of Common
          Stock.

               (e) RIGHT TO TERMINATE EMPLOYMENT. Nothing in the Plan or any
          agreement entered into pursuant to the Plan shall confer upon any
          Eligible Employee or other Participant the right to continue in the
          employment of the Company or any Subsidiary or affect any right which
          the Company or any Subsidiary may have to terminate the employment of
          such Eligible Employee or other Participant.

                                        7

<PAGE>   10

               (f) RIGHTS AS A SHAREHOLDER. No Participant shall have any right
          as a shareholder unless and until certificates for shares of Common
          Stock are issued to him or her or credited to his or her account.

               (g) NOTICES. Unless otherwise stated herein or in documents used
          to administer participation in the Plan, a notice authorized or
          required by the Plan shall be deemed delivered to the Company (i) on
          the date it is received by the Plan Administrator, if the Plan
          Administrator is expressly authorized to receive such notice on behalf
          of the Plan, (ii) on the date it is personally delivered to the
          Secretary of the Company at the Company's principal executive offices,
          or (iii) three (3) business days after it is sent by registered or
          certified mail, postage prepaid, addressed to the Secretary at such
          offices; and shall be deemed delivered to a Participant (i) on the
          date it is personally delivered to him or her, or (ii) three (3)
          business days after it is sent by registered or certified mail,
          postage prepaid, addressed to him or her at the last address shown for
          him or her on the records of the Company or of any Subsidiary.

               (h) APPLICABLE LAW. All questions pertaining to the validity,
          construction and administration of the Plan and Rights to Purchase
          granted hereunder shall be determined in conformity with the laws of
          Ohio, to the extent not inconsistent with Section 423 of the Code and
          regulations thereunder.

                                        8

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