Document:

EXHIBIT 10.27

                             STOCK OPTION AGREEMENT

         THIS STOCK OPTION AGREEMENT is entered into as of April 9, 2001, by and
between  TSET,  Inc.,  a Nevada  corporation  ("TSET"),  and  Charles D.  Strang
("Strang").

                                   WITNESSETH:
                                   ----------

         WHEREAS,  TSET  desires  to grant to Strang an option to  acquire up to
50,000 restricted shares of TSET's common stock, par value $0.001 per share (the
"Option Shares"),  in consideration of valuable  contributions made by Strang to
TSET and its wholly-owned subsidiaries; and

         WHEREAS, Strang desires to accept such option.

         NOW,  THEREFORE,  for and in  consideration  of the premises and mutual
promises,  covenants,  and  agreements  set forth  herein and for other good and
valuable  consideration,  the delivery,  receipt,  and  sufficiency  of which is
hereby acknowledged, the parties hereto agree as follows:

         GRANT OF OPTION.  TSET hereby grants to Strang an option (the "Option")
to  acquire  the  Option  Shares at an  exercise  price of $0.885 per share (the
"Exercise Price"). The Option shall immediately and fully vest in Strang's favor
for all purposes upon  execution and delivery of this  Agreement by the parties.
The Option is personal to Strang and may be exercised  only by Strang during his
lifetime.  The Option shall  continue in full force and effect for a period of 5
years from the date hereof (the  "Term"),  at which time the Option shall expire
and terminate  unless  previously  exercised by Strang.  The Option shall not be
subject to forfeiture and  termination,  except for Strang's failure to exercise
the Option during the Term.

         EXERCISE OF OPTION.  The Option may be exercised by Strang, in whole or
in part, at any time during the Term upon receipt by TSET of written notice from
Strang (the "Exercise Notice").  The Exercise Notice shall specify the number of
Option  Shares  Strang  desires to acquire  pursuant  thereto  and  provide  any
necessary or appropriate  instructions  to TSET and its transfer agent regarding
the denomination of certificates  representing the Option Shares and the name in
which the Option Shares should be  registered.  The exercise of the Option shall
be on a  "cashless"  basis and Strang shall not be required to remit to TSET any
payment therefor.

         RESERVATION  OF  THE  OPTION  SHARES.  To  ensure  fulfillment  of  its
obligation  hereunder  should  Strang elect to exercise  the Option,  TSET shall
reserve from its  authorized  but unissued  capital that number of shares of its
common stock equal to the Option Shares.

         RESTRICTIONS ON TRANSFER.  Strang  acknowledges  that the Option Shares
are subject to certain restrictions upon transfer, and cannot be sold, assigned,
transferred,  or conveyed (in any case, a "transfer")  except in compliance with
such  restrictions  and  applicable  provisions of federal and state  securities
laws.  Certificates  representing  the  Option  Shares  shall  bear  appropriate

<PAGE>

restrictive  legends and notices.  In the event  Strang  desires to transfer any
Option  Shares  prior to the  expiration  of such  restrictions,  TSET  shall be
entitled  to  receive  from  Strang  written  undertakings,  certifications,  or
opinions of legal counsel evidencing compliance with such restrictions.

         TAX MATTERS.  Strang  acknowledges  that  treatment of the Option,  the
Option Shares, and events or transactions with respect thereto,  for federal and
state  income and other tax  purposes,  is dependent  upon  various  factors and
events which are not determined by this Agreement. TSET makes no representations
to Strang with respect to, and hereby disclaims any and all responsibility as to
such tax treatment. Strang shall be solely and fully responsible for the payment
of, and shall pay, any and all federal,  state,  and other taxes  (including any
and all withholding  taxes) levied with respect to the grant of the Option,  the
purchase of the Option Shares, and any subsequent transfer thereof. In the event
the exercise of the Option or the  disposition  of the Option  Shares  following
exercise  of the Option  results in  Strang's  realization  of income  which for
federal,  state,  local,  or other income tax  purposes  is, in TSET's  opinion,
subject to  withholding  of tax,  then at the  election of TSET and prior to the
delivery to Strang of  certificates  representing  the Option Shares acquired by
him pursuant to an Exercise Notice, (a) Strang shall pay to TSET an amount equal
to  such  withholding  tax or  (b)  TSET  may  withhold  such  amount  from  any
compensation or other payments owed by TSET to Strang.

         NONQUALIFIED  STATUS.  The Option is not  intended to be an  "incentive
stock option" as defined in the Internal  Revenue Code of 1986, as amended,  and
shall not be treated as such whether or not, by the terms  hereof,  it meets the
requirements of any applicable provisions thereof.

         NOTICES.  All notices or other  communications  given or made hereunder
shall be in writing and may be delivered personally, by express,  registered, or
certified mail (return receipt  requested),  by special courier, or by facsimile
transmission  (to be followed by  delivery of a written  original  notice in the
most expeditious manner possible, as aforesaid),  all postage, fees, and charges
prepaid,  to TSET and  Strang,  as the case may be, to the  following  addresses
(which may be changed by the parties from time to time upon written notice given
as aforesaid):

                          To TSET:           333 South State Street, PMB 111
                                             Lake Oswego, OR 97034

                                             Attn:    Richard A. Papworth
                                                      Chief Financial Officer

                                             Tel:     503.968.1547
                                             Fax:     503.968.0867

                          To Strang:         25679 West Florence Avenue
                                             Antioch, IL  60007

                                             Tel:     847.395.4776
                                             Fax:     ___________

                                       2
<PAGE>

         Notices hereunder shall be deemed given when delivered in person,  upon
confirmation of successful  transmission when sent by facsimile, or 5 days after
being  mailed  by  express,   registered,  or  certified  mail  (return  receipt
requested), postage and fees prepaid.

         INTEGRATION,  AMENDMENT, AND WAIVER. When executed and delivered,  this
Agreement shall constitute the entire agreement between the parties with respect
to the subject  matter hereof and shall  supersede any and all prior  agreements
and  understandings  with respect thereto.  No other agreement,  whether oral or
written,  shall be used to modify or contradict the provisions hereof unless the
same is in  writing,  signed by the  parties,  and states that it is intended to
amend the provisions of this Agreement.  No waiver by either party of any breach
of this  Agreement in any particular  instance shall  constitute a waiver of any
other breach  hereof in any other  circumstance  or any  relinquishment  for the
future  of  their  respective  rights  to  strictly  enforce  all of  the  other
provisions  hereof  or seek all  remedies  which may be  available  at law or in
equity.

         COUNTERPARTS;  BINDING  EFFECT.  This  Agreement  may  be  executed  in
multiple  counterparts  (and by  facsimile  signature,  to be followed by manual
signature), each of which shall be deemed an original, and all of which shall be
deemed to constitute a single  agreement.  This Agreement  shall be binding upon
and inure to the benefit of the parties' respective permitted heirs, successors,
and assigns.

         ASSIGNMENT.   This  Agreement  is  personal  to  the  parties   hereto.
Accordingly,  Strang  shall not assign or transfer  this  Agreement  without the
prior written consent of TSET, which consent shall not be unreasonably withheld,
conditioned,  or delayed;  provided,  however, that Strang shall be permitted to
assign or transfer this Agreement to a legal entity owned by Strang without such
consent. Any attempted assignment of this Agreement by Strang without receipt of
such consent from TSET shall be null and void.

         SEVERABILITY.  If any provision (or portion  thereof) of this Agreement
is adjudged  unenforceable by a court of competent  jurisdiction,  the remaining
provisions  shall  nevertheless  continue  in  full  force  and  effect  and the
provision deemed  unenforceable shall be remade or interpreted by the parties in
a manner that such provisions  shall be enforceable to preserve,  to the maximum
extent possible,  the original  intention and meaning  thereof.  If necessary to
effect such intent,  TSET and Strang shall negotiate in good faith to amend this
Agreement to replace such provision with language  believed in good faith by the
parties to be enforceable, which as closely as possible reflects such intent.

         NO THIRD PARTY BENEFICIARIES. This Agreement is for the sole benefit of
the parties and their permitted successors,  heirs, and assigns. Nothing herein,
expressed or implied, shall give or be construed to give any other person, other
than the parties and their  permitted  assigns,  any legal or  equitable  rights
hereunder.  No  finder's  or other fees  shall be  payable by either  party with
respect to the  exercise  of the  Option or the  issuance  of the Option  Shares
pursuant to this Agreement.

                                       3
<PAGE>

         STATE SECURITIES QUALIFICATIONS. The sale of the Option Shares pursuant
to any  exercise  of the  Option  has not been  qualified  with  the  securities
regulatory  authorities in any state or other  jurisdiction  and the issuance of
the Option  Shares  prior to such  qualification  may be  unlawful  unless  such
transactions are exempt from such qualification requirements.  The rights of the
parties hereto are expressly conditioned upon such qualification being obtained,
unless any such transaction is so exempt.

         GOVERNING  LAW.  This  Agreement  shall be governed by and construed in
accordance  with the laws of the State of Oregon,  exclusive of its conflicts of
laws principles.

         IN WITNESS  WHEREOF,  the parties  have  executed  and  delivered  this
Agreement effective as of the date first written above.

TSET, Inc.

By: /S/ JEFFREY D. WILSON
   --------------------------------------
     Jeffrey D. Wilson
     Chairman and Chief Executive Officer

 /S/ CHARLES D. STRANG
-----------------------------------------
Charles D. Strang

                                       4

<PAGE>Exhibit 10.28

                             STOCK OPTION AGREEMENT

        THIS STOCK OPTION  AGREEMENT is entered into as of April 9, 2001, by and
between  TSET,  Inc., a Nevada  corporation  ("TSET"),  and Richard A.  Papworth
("Papworth").

                                   WITNESSETH:

        WHEREAS,  TSET  desires to grant to  Papworth an option to acquire up to
398,475  restricted  shares of TSET's common  stock,  par value $0.001 per share
(the  "Option  Shares"),  in  consideration  of valuable  contributions  made by
Papworth to TSET and its wholly-owned subsidiaries; and

        WHEREAS, Papworth desires to accept such option.

        NOW,  THEREFORE,  for and in  consideration  of the  premises and mutual
promises,  covenants,  and  agreements  set forth  herein and for other good and
valuable  consideration,  the delivery,  receipt,  and  sufficiency  of which is
hereby acknowledged, the parties hereto agree as follows:

        1. GRANT OF OPTION.  TSET grants to Papworth an option (the "Option") to
           acquire the Option  Shares at an  exercise  price of $0.885 per share
           (the "Exercise  Price").  The Option shall immediately and fully vest
           in Papworth's  favor for all purposes upon  execution and delivery of
           this Agreement by the parties. The Option is personal to Papworth and
           may be exercised  only by Papworth  during his  lifetime.  The Option
           shall continue in full force and effect for a period of 10 years from
           the date hereof (the  "Term"),  at which time the Option shall expire
           and terminate  unless  previously  exercised by Papworth.  The Option
           shall  not be  subject  to  forfeiture  or  termination,  except  for
           Papworth's failure to exercise the Option during the Term.

        2. EXERCISE OF OPTION. The Option may be exercised by Papworth, in whole
           or in part,  at any time  during  the Term  upon  receipt  by TSET of
           written  notice from Papworth (the "Exercise  Notice").  The Exercise
           Notice shall specify the number of Option Shares Papworth  desires to
           acquire  pursuant  thereto and provide any  necessary or  appropriate
           instructions   to  TSET  and  its  transfer   agent   regarding   the
           denomination of certificates  representing  the Option Shares and the
           name in which the Option Shares should be registered. The exercise of
           the Option shall be on a "cashless"  basis and Papworth  shall not be
           required to remit to TSET any payment therefor.

        3. RESERVATION  OF THE  OPTION  SHARES.  To  ensure  fulfillment  of its
           obligations  hereunder  should Papworth elect to exercise the Option,
           TSET shall  reserve from its  authorized  but  unissued  capital that
           number of shares of its common stock equal to the Option Shares.

        4. RESTRICTIONS  ON  TRANSFER.  Papworth  acknowledges  that the  Option
           Shares are subject to certain restrictions upon transfer,  and cannot
           be  sold,  assigned,   transferred,  or  conveyed  (in  any  case,  a

<PAGE>

           "transfer")   except  in  compliance  with  such   restrictions   and
           applicable   provisions  of  federal  and  state   securities   laws.
           Certificates  representing  the Option Shares shall bear  appropriate
           restrictive  legends and notices.  In the event  Papworth  desires to
           transfer  any  Option   Shares  prior  to  the   expiration  of  such
           restrictions, TSET shall be entitled to receive from Papworth written
           undertakings, certifications, or opinions of legal counsel evidencing
           compliance with such restrictions.

        5. TAX MATTERS.  Papworth acknowledges that treatment of the Option, the
           Option Shares,  and events or transactions with respect thereto,  for
           federal and state income and other tax  purposes,  is dependent  upon
           various   factors  and  events  which  are  not  determined  by  this
           Agreement. TSET makes no representations to Papworth with respect to,
           and  hereby  disclaims  any and  all  responsibility  as to such  tax
           treatment.  Papworth  shall be solely and fully  responsible  for the
           payment  of, and shall pay,  any and all  federal,  state,  and other
           taxes  (including any and all withholding  taxes) levied with respect
           to the grant of the Option,  the purchase of the Option  Shares,  and
           any  subsequent  transfer  thereof.  In the event the exercise of the
           Option or the disposition of the Option Shares following  exercise of
           the Option  results in  Papworth's  realization  of income  which for
           federal,  state,  local,  or other  income tax purposes is, in TSET's
           opinion,  subject to withholding of tax, then at the election of TSET
           and prior to the  delivery to Papworth of  certificates  representing
           the Option Shares acquired by him pursuant to an Exercise Notice, (a)
           Papworth shall pay to TSET an amount equal to such withholding tax or
           (b) TSET may  withhold  such  amount from any  compensation  or other
           payments owed by TSET to Papworth.

        6. NONQUALIFIED  STATUS.  The Option is not intended to be an "incentive
           stock  option" as defined in the Internal  Revenue  Code of 1986,  as
           amended,  and shall not be  treated as such  whether  or not,  by the
           terms hereof, it meets the requirements of any applicable  provisions
           thereof.

        7. NOTICES.  All notices or other communications given or made hereunder
           shall be in writing  and may be  delivered  personally,  by  express,
           registered,  or certified mail (return receipt requested), by special
           courier, or by facsimile  transmission (to be followed by delivery of
           a written original notice in the most expeditious manner possible, as
           aforesaid),  all  postage,  fees,  and charges  prepaid,  to TSET and
           Papworth,  as the case may be, to the following  addresses (which may
           be changed by the parties from time to time upon written notice given
           as aforesaid):

                                           333 South State Street, PMB 111
                      To TSET:             Lake Oswego, OR  97034
                                           Attn:  Jeffrey D. Wilson
                                                  Chief Executive Officer

                                           Tel:  503.968.1547
                                           Fax:  503.968.0867

<PAGE>

                      To Papworth:         333 South State Street, PMB 111
                                           Lake Oswego, OR  97035

                                           Tel:  503.968.1547
                                           Fax:  503.968.0867

               Notices hereunder shall be deemed given when delivered in person,
               upon  confirmation  of  successful   transmission  when  sent  by
               facsimile,  or 5 days after being mailed by express,  registered,
               or certified mail (return  receipt  requested),  postage and fees
               prepaid.

        8.  INTEGRATION,  AMENDMENT,  AND WAIVER.  When executed and  delivered,
            this Agreement  shall  constitute the entire  agreement  between the
            parties  with  respect  to  the  subject  matter  hereof  and  shall
            supersede  any and all  prior  agreements  and  understandings  with
            respect thereto. No other agreement,  whether oral or written, shall
            be used to modify or  contradict  the  provisions  hereof unless the
            same is in  writing,  signed by the  parties,  and states that it is
            intended to amend the  provisions  of this  Agreement.  No waiver by
            either  party of any  breach  of this  Agreement  in any  particular
            instance shall constitute a waiver of any other breach hereof in any
            other  circumstance  or any  relinquishment  for the future of their
            respective  rights to strictly  enforce all of the other  provisions
            hereof  or seek all  remedies  which may be  available  at law or in
            equity.

        9.  COUNTERPARTS;  BINDING  EFFECT.  This  Agreement  may be executed in
            multiple counterparts (and by facsimile signature, to be followed by
            manual  signature),  each of which shall be deemed an original,  and
            all of which shall be deemed to constitute a single agreement.  This
            Agreement  shall be  binding  upon and inure to the  benefit  of the
            parties' respective permitted heirs, successors, and assigns.

        10. ASSIGNMENT.  This  Agreement  is  personal  to the  parties  hereto.
            Accordingly,  Papworth  shall not assign or transfer this  Agreement
            without the prior written  consent of TSET,  which consent shall not
            be  unreasonably  withheld,   conditioned,   or  delayed;  provided,
            however, that Papworth shall be permitted to assign or transfer this
            Agreement to a legal entity owned by Papworth  without such consent.
            Any  attempted  assignment  of this  Agreement  by Papworth  without
            receipt of such consent from TSET shall be null and void.

        11. SEVERABILITY.   If  any  provision  (or  portion  thereof)  of  this
            Agreement  is  adjudged   unenforceable  by  a  court  of  competent
            jurisdiction,  the remaining provisions shall nevertheless  continue
            in full  force and  effect and the  provision  deemed  unenforceable
            shall be remade or  interpreted by the parties in a manner that such
            provisions  shall be enforceable to preserve,  to the maximum extent
            possible,  the original intention and meaning thereof.  If necessary
            to effect such  intent,  TSET and Papworth  shall  negotiate in good
            faith to  amend  this  Agreement  to  replace  such  provision  with
            language  believed in good faith by the  parties to be  enforceable,
            which as closely as possible reflects such intent.

<PAGE>

        12. NO THIRD PARTY BENEFICIARIES. This Agreement is for the sole benefit
            of the parties and their permitted  successors,  heirs, and assigns.
            Nothing herein,  expressed or implied, shall give or be construed to
            give any other  person,  other than the parties and their  permitted
            assigns,  any legal or equitable  rights  hereunder.  No finder's or
            other  fees shall be  payable  by either  party with  respect to the
            exercise of the Option or the issuance of the Option Shares pursuant
            to this Agreement.

        13. STATE  SECURITIES  QUALIFICATIONS.  The  sale of the  Option  Shares
            pursuant to any exercise of the Option has not been  qualified  with
            the  securities  regulatory   authorities  in  any  state  or  other
            jurisdiction  and the  issuance of the Option  Shares  prior to such
            qualification  may be unlawful unless such  transactions  are exempt
            from such  qualification  requirements.  The  rights of the  parties
            hereto  are  expressly  conditioned  upon such  qualification  being
            obtained, unless any such transaction is so exempt.

        14. GOVERNING LAW. This Agreement  shall be governed by and construed in
            accordance  with the laws of the State of Oregon,  exclusive  of its
            conflicts of laws principles.

        IN WITNESS  WHEREOF,  the  parties  have  executed  and  delivered  this
Agreement effective as of the date first written above.

TSET, Inc.

By:     /s/ Jeffrey D. Wilson
      ----------------------------
      Jeffrey D. Wilson
      Chairman and Chief Executive Officer

/s/ Richard A. Papworth
----------------------------
Richard A. Papworth

<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00028-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00028-of-00352.parquet"}]]