Document:

SEA BREEZE AND OLD FASHIONED SYRUP SUPPLY CONTRACT

     THIS  AGREEMENT,  executed as of this 26th day of  September,  1997, by and
between Old  Fashioned  Syrup,  4270 N.W. 19th Avenue,  Suite D, Pompano  Beach,
Florida 33064  (hereinafter  referred to as "Old Fashioned") and Sea Breeze, 441
Route 202, Towaco, NJ 07082 (hereinafter referred to as "Sea Breeze").

     WHEREAS,  Old Fashioned desires to have Sea Breeze exclusively  manufacture
and produce sugar free  chocolate  syrup under the Old  Fashioned  trademarks or
trade names owned by Olf Fashioned  (hereinafter  referred to as the "Products")
for sale to Old Fashioned under the terms and conditions herein set forth; and

     WHEREAS, Sea Breeze is willing to manufacture and produce Products for sale
to Old Fashioned under the terms and conditions set forth herein;

     1. DEFINITIONS.  Products shall mean Sugar Free Chocolate Syrup and as more
specifically  described in Exhibit "A" attached  hereto.  Such Products shall be
processed  and  packaged  for sale under the brand name Old  Fashioned  or other
brand  names as may be  designated  by Old  Fashioned.  Formula  shall  mean the
ingredients  and  process to be used by Sea Breeze to pack the  Products  as set
forth in Exhibit "B". This formula and packaging for sugar free chocolate  syrup
shall be provided by Sea Breeze  exclusively to Old Fashioned.  As Sea Breeze is
in the business of custom  formulating and packing syrups,  Sea Breeze shall not
be precluded from  formulating  and/or packing any other products in this or any
other category of syrups.

     2. QUANTITY AND PRICE. Upon order by Old Fashioned, Sea Breeze will process
and pack the ordered quantity of the Products. The Products will be manufactured
and packaged in  accordance  with the formula set forth in Exhibit "B" and shall
be shipped at the direction of Old Fashioned  within  fifteen (15) business days
of the order. The fee to be paid by Old Fashioned to Sea Breeze for the Products
shall be set forth in Exhibit  "C" or as  otherwise  agreed to by the parties in
writing. Should Old Fashioned request a modification of the formulation, the fee
charged  hereunder will be adjusted based upon a unit cost basis.  Should market
costs  of  ingredients  and/or  supplies  change  more  than  10% for any  given
component,  then Sea Breeze  will so advise  Old  Fashioned  and adjust  pricing
accordingly.  Further,  an annual review of labor and utility  incremental costs
will be  presented by Sea Breeze to Old  Fashioned  for  consideration  of price
revision  with overall  annual  increases in this area not to exceed 3% of total
price.

     3. TERMS OF PAYMENT.  Old Fashioned shall pay all invoices net fifteen (15)
calendar days from  receipt.  Sea Breeze shall send invoices by way of "fax" and
mail  hard copy with Bill of  Lading  for the  invoiced  shipment.  In the event
payment is not received  within  fifteen (15) calendar days of the faxed invoice
being received by Old  Fashioned,  Sea Breeze will notify Old Fashioned by "fax"
immediately  and if Old Fashioned does not make payment in full within 72 hours,
all  shipments  of  Products  will be  immediately  suspended  until  payment is
received.

     4. SERVICES EQUIPMENT AND INGREDIENTS.  The fee paid to Sea Breeze shall be
as set forth on Exhibit "C" for the  processing,  packaging  and other  services
necessary  to process and  package  the  Products  including  labor,  equipment,
ingredients and materials.  Storage of the finished  Products prior to shipment,
shall be at a fee to be  determined  if the  finished  product  storage  becomes
excessive. It is understood this is to be a make and ship arrangement.

     5. TERM.  This Agreement shall run for ten (10) years with Sea Breeze being
the exclusive  packer of the product,  subject to the terms of Paragraph 6. This
Agreement  shall be  terminated  upon the sale of Old  Fashioned.  Old Fashioned
shall  have  the  exclusive  rights  to  formula  and to  give  such  rights  to
transferee.

     6. ROYALTY.  In the event Old Fashioned ceases to purchase as was customary
Old  Fashioned  will pay to Sea Breeze a .50 per case  research and  development
royalty for all cases  purchased  elsewhere  on a monthly  basis  payable net 15
calendar days from the end of the month.  This is based on  consideration of Sea
Breeze  providing this formula  exclusive to Old Fashioned.  Old fashioned shall
have an affirmative  duty to provide Sea Breeze with the opportunity to view its
sales and purchase  records in the event Sea Breeze is not being utilized as the
exclusive packer.

     7. SEA BREEZE INDEMNIFICATION.  Sea Breeze will defend,  indemnify and hold
Old Fashioned and its customers  harmless (i) against any and all  complaints or
legal  actions  by any  agency  of  the  Federal,  state  or  local  government,
including,  without  limitation,  the Federal Food and Drug  Administration  and
comparable actions as those seeking seizure of product or injunctive relief; and
(ii) against any and all complaints,  claims, or legal actions alleging damages,
death,  illness or  injuries  arising  out of the  purchase,  sale or use of the
products,  to which Old Fashioned may become  subject by reason of any breach of
any warranties and the guarantee  unless such breaches are caused in whole or in
part by the  negligent  or willful act or omission  of Old  Fashioned  or by Old
Fashioned's  breach  of its  obligations  hereunder.  In the  event any claim is
asserted or any suit is filed  against Old Fashioned for which Sea Breeze may be
required to indemnify Old Fashioned  under this  paragraph,  Old Fashioned shall
promptly  notify within fourteen (14) days Sea Breeze of such claim or suit. Sea
Breeze  and/or its agent,  upon  receipt of such  notice,  shall  undertake  the
defense of such suit or the  settlement of any such claim at its own expense and
in such  event  shall have  charge and  direction  of any  proceedings  relating
thereto  provided that Old Fashioned,  at its option,  may employ counsel of its
choice and  participate in the defense.  In no event shall Old Fashioned be free
to settle any such claim or suit  without  the  consent of Sea Breeze if by such
settlement  Sea Breeze may be rendered  liable to indemnify Old Fashioned  under
the terms of this Agreement.  Failure on the part of Old Fashioned to notify Sea
Breeze  within  fourteen  (14)  days of any  claim  or suit  or  failure  of Old
Fashioned to cooperate with discovery and trial  participation  shall negate Sea
Breeze's obligations under this paragraph.

8.   REPRESENTATIONS OF OLD FASHIONED. Old Fashioned represents that:

     a. all labels  approved by Old  Fashioned  to be used upon the  products or
supplied  by Old  Fashioned  to be used upon the  products  or  supplied  by Old
Fashioned shall not violate any law or regulations in effect in any jurisdiction
in the United States or where else sold.  This is subject to the condition  that
Sea Breeze not use the labels in a negligent manner.

     b. all labels,  specifications  and  procedures  supplied by Old  Fashioned
hereunder shall not infringe any valid United States letter patent, trademark or
copyright  of any  person  not a party of this  Agreement.  Any  notice  of such
infringement will be handled by Old Fashioned and resolved.

     9. TITLE ORDERING PRODUCTION REQUIREMENTS.  Old Fashioned agrees to provide
Sea  Breeze  before  the  10th day of each  month a  projection  of  anticipated
quantity  requirements,  by product  type and size,  for the  following 90 days.
Based upon these  projections,  Sea Breeze  shall (unles  otherwise  instructed)
purchase and maintain a supply of  materials  necessary to meet those  projected
requirements and shall meet those requirements.

     10. OLD FASHIONED'S  INDEMNIFICATION.  Old Fashioned will defend, indemnify
and hold  harmless Sea Breeze until (i) against any and all  complaints or legal
actions  by any agency of the  Federal,  state or local  government,  including,
without imitation, the Federal Food and Drug Administration and comparable state
or local  agencies,  and including,  without  limitation,  such actions as those
seeking  seizure of product or injunctive  relief,  and (ii) against any and all
complaints, claims or legal actions alleging damages, death, illness or injuries
arising out of the purchase,  sale or use of the  products,  of which Sea Breeze
may become  subject by reason of any breach of any  warranties  and guarantee in
Section 8 of this Agreement  unless such breaches are caused in whole or in part
by the  negligent  or willful act or  omission of Sea Breeze or by Sea  Breeze's
breach of its obligations  hereunder.  In the event any claim is asserted or any
suit is filed against Sea Breeze under this paragraph, Sea Breeze shall promptly
notify  within  fourteen  (14) days Old  Fashioned  of such  claim or suit.  Old
Fashioned, upon receipt of such notice, shall undertake the defense of such suit
or the  settlement  of any such claim at its own expense and in such event shall
have charge and direction of any proceedings  relating thereto provided that Sea
Breeze,  at its option,  may employ counsel of its choice and participate in the
defense.  In no event  shall Sea Breeze be free to settle any such claim or suit
without the consent of Old Fashioned if by such  settlement Old Fashioned may be
rendered  liable to  indemnify  Sea  Breeze  under the terms of this  Agreement.
Failure on the part of Sea Breeze to notify Old Fashioned  within  fourteen (14)
days of any claim or suit or failure of Sea Breeze to cooperate  with  discovery
and trial  participation  shall negate Old  Fashioned's  obligations  under this
paragraph.

     11.  REPRESENTATION.  Sea Breeze shall  exercise due care in obtaining  raw
material, supplies, packaging materials and ingredients necessary to produce the
Products,  and in the processing,  packaging materials and ingredients necessary
to produce the products, and in the processing,  packaging,  storage and loading
of all Products and supplies covered by this Agreement and shall, in particular,
follow the practices set forth in the applicable Good Manufacturing Practices as
promulgated  by the  United  States  Food  and  Drug  Administration  and  other
comparable  promulgations of Federal, State and local agencies. Sea Breeze shall
further notify Old Fashioned  immediately of any action or inspection  report by
any regulatory agency requiring corrective action against Sea Breeze which would
place  licensing  of the  Sea  Breeze  plan in  jeopardy  or any  aspect  of the
production of a Product  covered by this  Agreement or  ingredients  or supplies
used to manufacture a Product  covered by this Agreement in jeopardy,  and shall
confirm such notice promptly in writing.  This shall not infringe on proprietary
rights of any third  party.  Sea  Breeze is fully  licensed  and  authorized  to
manufacture, package and deliver product to Old Fashioned.

     12. CONFIDENTIAL INFORMATION. Sea Breeze and its representatives as well as
Old Fashioned and its  representatives  will maintain as secret and confidential
and not disclose to third  parties  without prior  written  permission  from the
other  any  trade  secrets  and  other  confidential   information  gained  from
discussions,   or  in  any  way,   including  but  not  limited  to,   formulae,
descriptions,  specifications  and  the  like  furnished  by Sea  Breeze  to Old
Fashioned,  except as provided for in paragraphs 5 and 6. For other  purposes of
this  paragraph  the terms "trade  secrets and other  confidential  information"
shall include and be limited to information  disclosed by one party to the other
that was not: (i) at the time of disclosure or thereafter  known to or available
to the public  through  sources  entitled to disclose  such  information;  (iii)
disclosed  to one  party in good  faith by  another  party  having  the right to
disclose such information.

     13. PRODUCTION SITES; INSPECTION; RECORDS. Representatives of Old Fashioned
shall be permitted  to enter Sea  Breeze's  plant and any other plants which Sea
Breeze may  sub-contract  the  production of the Product to Old Fashioned at all
reasonable times, including, without limitation, during preparation, processing,
packaging  and/or  clean-up  hours to inspect the manner in which the Product is
being packaged, stored and loaded.

     14.  REPLACEMENT  OF  NON-SPECIFICATION  PRODUCT.  Sea Breeze shall replace
without cost, or refund money to Old Fashioned,  at Old Fashioned's  option, all
Products sold which are defective or below standard,  unless failure to meet the
specifications  is caused by the  negligent  or willful  act or  omission of Old
Fashioned  or by the failure of Old  Fashioned  to comply  with its  obligations
under the  Agreement.  Replacement or refund shall be made promptly upon receipt
of reasonable proof of such defect and demand by Old Fashioned.

     15.  RELATIONSHIP  OF  THE  PARTIES.  This  Agreement  shall  not  make  or
constitute  either  party  or  representative  for the  other  for  any  purpose
whatsoever.  Neither  party  shall  have  the  power  or  authority,  except  as
specifically authorized, to act in the other's behalf or by in the other's name,
or to bind the other,  either  directly  or  indirectly,  in any manner or thing
whatsoever.

     Neither  parties shall have any authority to employ any person on behalf of
the other. Each party shall have, as between the parties, the exclusive right to
select,  engage,  fix the compensation of,  discharge,  and otherwise to manage,
supervise  and control the persons  hired by it and shall,  with  respect to all
persons,  perform all  obligations  and discharge all  liabilities  imposed upon
employers   under  labor,   wage-hour,   worker's   compensation,   unemployment
compensation  or  insurance,  social  security,  and  other  Federal,  state and
municipal laws and regulations.

     16.  INSURANCE.

     a.  Throughout  the  life of this  Agreement,  Sea  Breeze  shall  maintain
comprehensive general liability insurance in the following amounts:

                        Bodily Injury:      $1,000,000 per person
                                            $1,000,000 each accident
                        Property Damage     $   300,000 (except automobile)

     Each Occurrence  including  Contractual  Liability coverage specifying this
contract,  and product liability  coverage with Broad Form vendor's  Endorsement
naming  Old  Fashioned  as Vendor.  Sea  Breeze  shall  furnish  Certificate  of
Insurance to Old Fashioned  evidencing the coverage  described in this paragraph
as soon as practicable but not more than thirty (30) days after the execution of
this  Agreement.  Said  Certificate  shall provide for at least thirty (30) days
prior notice of cancellation of substantial change.

     17. PERFORMANCE DISCLAIMER. Except as otherwise provided in this Agreement,
each party shall be excused for failure or delay in  performance  caused by war,
riots, insurrections, laws, proclamations,  regulations, strikes, floods, fires,
explosions,  unavailability  of  materials  and  supplies or other  disturbances
beyond their control  without  default of such party.  Nevertheless,  such party
shall use its best efforts to perform in spite of the difficulties  causing such
failure or delay and shall resume  performance  with the utmost dispatch as soon
as cessation of  difficulties  permits.  Any party claiming such excuse or delay
for nonperformance shall give prompt written notice thereof to the other party.

     18. NOTICES.  Except as otherwise specifically provided herein, all notices
or communications provided for herein shall be in writing addressed as follows:

                   Mark Streisfeld, President       Steven Sanders, President
                   Old Fashioned Syrup Company      Sea Breeze
                   4270 NW 19th Avenue, Suite D     441 Route 202
                   Pompano Beach, FL 33064          Towaco, New Jersey 07082

or to such other  address or addresses as may be  designated  by either party by
written notice to the other.

19.  SUCCESSORS AND ASSIGNS. Except as otherwise provided herein, this Agreement
     shall  inure to the  benefit  of and be  binding  upon the  successors  and
     assigns of the respective parties hereto.

20.  MISCELLANEOUS PROVISIONS.

     A. The captions at the beginning of each paragraph are for the  convenience
of the parties and shall in no event be  construed to alter or in any way affect
the meaning of the substantive text of this Agreement.

     B.  This  agreement  shall be  governed  under the laws of the State of New
Jersey.

     C.  This  Agreement,  together  with  any  Exhibits,  contains  all  of the
covenants, stipulations and provisions agreed upon by the parties hereto and the
terms hereof shall not be altered or changed unless the change is in writing and
signed by an authorized  representative of both parties.  Such changes,  if any,
shall be attached hereto as addenda.

     D. Neither party is nor shall be bound by any  statement or  representation
not in conformity herewith.

By signing below, we agree to the foregoing.

     OLD FASHIONED SYRUP COMPANY

     By:       /s/ Mark Streisfeld
     Title: President

     SEA BREEEZE, INC.

     By:    /s/ Steven Sanders
     Title: PresidentEXHIBIT 10.8

                           REAL PROPERTY LEASE

     THIS LEASE, dated this 30th day of December 1999, is between GK
Holdings, Inc., a Nevada corporation, having its principal office and place
of business at 1767A Denver West Blvd, Golden, CO  80401 ("Landlord"), and
Global Water Technologies, Inc., a Delaware corporation having its
principle office and place of business at 1767 Denver West Blvd, Golden, CO
80401, ("Tenant").  The parties agree as follows:

     1.   PREMISES.

          a.   Landlord hereby leases to Tenant, and Tenant hereby leases
from Landlord, the office building, comprising approximately 36,712 square
feet, located at 1767 Denver West Blvd, Golden, CO  80401 (the "Building"),
as more particularly described in EXHIBIT A attached hereto, together with
all improvements, appurtenances, rights, privileges, and easements
pertaining thereto (collectively, the "Premises").

          b.   In addition, Landlord hereby grants to Tenant an exclusive
license for the benefit of Tenant over Landlord's land on which the
Building is located (the "Land") for access to and from the Premises and
for parking in all designated parking lot areas.

          c.   Landlord represents and warrants that Landlord is the fee
owner of the Land upon which the Premises are located and has full right
and authority to lease the Premises to Tenant on the terms and conditions
set out herein.

     2.   TERM AND TERMINATION.    The lease term shall commence on January
1, 2000, and end on December 31, 2009, unless sooner terminated or extended
as provided in this Lease.

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     3.   RENT.

          a.   Tenant shall pay rent to Landlord in the amount of Fifty
Three Thousand Five Hundred Thirty Eight ($53,538) per month broken down as
base rent of $17.50 per square foot, triple net.

          b.   All payments of rent shall be in advance, on the first day
of each and every calendar month during the Lease term except if such term
shall commence or terminate on a day other than the first or last day of
the month, the rent for such month shall be apportioned.  All rent due or
to become due hereunder shall be paid to Landlord at its address first
written above unless Landlord shall designate some other payee or address
for the payment thereof by giving written notice thereof to Tenant.

     4.   UTILITIES AND SERVICES.  Tenant shall pay all utilities consumed
at the Building.  Landlord represents that there are utilities, including
but not limited to electricity, natural gas, water, and sanitary sewer, in
and to the Premises in adequate capacity to support Tenant's intended use
herein.

     5.   REAL ESTATE TAXES.  Tenant shall be solely responsible for
payment of all real estate taxes and assessments imposed on or with respect
to the Building or the Land during the term of the Lease.

     6.   USE OF PREMISES.    The Premises shall be used for the purpose of
business offices and for other lawful services of a nature which are not
hazardous and which are not a nuisance.  Landlord represents that such use
of the Premises will not violate any restrictions imposed upon the Premises
and is not in violation of the Certificate of Occupancy issued for the
Building nor is it contrary to any zoning ordinance or regulation affecting
the Premises.

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     7.   MAINTENANCE AND REPAIRS. Tenant shall take good care of the
Premises (including, without limitation, the interior surfaces of the
ceiling, walls, floors, carpeting and doors) and shall make all
nonstructural repairs and all repairs necessitated by its misuse thereof.
 Tenant shall further be responsible for all routine maintenance on all
HVAC systems as well as the costs associated with all janitorial and
landscaping/snow removal services on the Building or Land. Landlord shall
maintain and keep in repair, with reasonable promptness (and will replace
or put into repair where necessary), the structural portions of the
Building, including but limited to the exterior siding, bearing walls,
foundation, and roof.  Landlord shall also make all necessary replacement
and/or repairs to the HVAC system, except for regular maintenance which
shall the responsibility of Tenant.

     8.   ALTERATIONS, IMPROVEMENTS, AND INSTALLATIONS BY TENANT.  Tenant
shall have the right, at its own expense, to make such nonstructural
alternations to the Premises as it shall deem expedient or necessary for
its purpose.  Tenant may make structural alterations and changes in, on,
to, or about the Premises reasonably necessary for its purpose only if it
has first obtained the Landlord's written consent, which consent shall not
be unreasonably withheld, conditioned or delayed.  Any such alterations or
changes shall be done in a good and workmanlike manner and in accordance
with all applicable codes and laws.  Any and all alterations, improvements,
and installations made by Tenant in, to, or upon the Premises shall remain
the property of Tenant and may be removed from the Premises at any time
during the term of the Lease, provided that any damage caused by such
removal shall be repaired by Tenant.  Tenant shall have the right not to
remove any or all of such alterations, improvements, and installations, in
which case the

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same shall become the property of Landlord upon Tenant's surrender of the
Premises; PROVIDED, HOWEVER, that Landlord shall have the right to require
removal of any alterations, installations, and improvements made by Tenant
by notice to Tenant within fifteen (15) days of termination of this Lease.

     9.   SIGNS.    Tenant shall have the right to place or paint a sign(s)
in such locations as shall adequately advertise Tenant's occupancy of the
Premises and direct visitors, guests, and the like to the Premises, so long
as such signage meets all applicable codes, laws and ordinances.

     10.  ASSIGNMENT AND SUBLETTING.    Tenant shall have the right to
assign or sublease all or any portion of the Premises at any time upon
consent of Landlord which consent shall not be unreasonably withheld.

     11.  INDEMNIFICATION.    Tenant shall indemnify and hold Landlord
harmless from and against all liability, damages, costs, and expenses from
causes of action, suits, claims, demands, and judgements of any nature
whatever caused by Tenant's use and occupancy of the Premises unless caused
or contributed to by the negligence or conduct of Landlord, its agents, or
employees, latent defects in the Premises or Landlord's breach of this Lease.

     12.  ENVIRONMENTAL. Notwithstanding anything in this Lease to the
contrary, Landlord shall be responsible for and shall hold harmless and
indemnify Tenant from and against all demands, injuries to person or
property, deaths, costs (including reasonable attorneys' fees), lawsuits,
claims, and state, local, of federal governmental actions, investigations,
or fines as a result of any hazardous chemicals, PCB's and asbestos) being
placed in, on, or under the Premises or coming to rest in, on, or under the

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Premises caused by any person or entity other than Tenants, its agents,
subtenants, and invitees.  Where cleanup or other remedial activities are
required in the circumstances covered by this indemnity and such activities
will deny Tenant the use of all or a portion of the Premises, Tenant shall
be entitled to a reasonable abatement of rent based on the portion of the
Premises the Tenant is unable to utilize.  Where the portion Tenant is
unable to utilize will materially interfere with Tenant's operations for a
period greater than ninety (90) days, Tenant may terminate this Lease and
receive a refund of all prepaid rent prorated to the date of termination.
Landlord represents and warrants that as of the date hereof there are no
hazardous substances placed in, on, or under the Premises.

     13.  DAMAGE OR DESTRUCTION.

          a.   In the event of destruction of or damage to the Premises,
including the improvements thereon, Landlord shall, unless it exercises its
right to terminate this Lease as set forth hereafter, promptly repair,
restore or replace the Premises and Building to at least as good conditions
as existed immediately prior to the destruction or damage.

          b.   If such damage or destruction renders the Premises wholly or
partially untenantable: (i) rent and all other charges payable by Tenant
under this Leases shall be abated or equitably apportioned from and after
the date of the damage or destruction until Tenant resumes full possession
of the Premises; (ii) Landlord shall, provided at least seventy-five
percent (75%) of the Premises are untenantable, have the right to terminate
this Lease, effective as of the time of the damage or destruction, by
written notice to Tenant within fifteen (15) days after the date of the
damage or destruction; and (iii) Tenant shall have the right to terminate
this Lease, effective as of the time of the damage or destructive, by
written notice to Landlord if Landlord fails to

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repair, restore or replace the Premises and Building with reasonable
dispatch or, even if repair or restoration is proceeding with reasonable
dispatch, if such repair, restoration or replacement is not completed
within ninety (90) days after the date of the damage or destruction.

     14.  CONDEMNATION.  If the Premises or any part thereof shall be taken
for any public or quasi-public use in condemnation proceedings or by any
right of eminent domain, or deed in lieu thereof, this Lease shall
terminate as of the date of taking, and any prepaid rent and other charges
shall be refunded to Tenant, PROVIDED, HOWEVER, that if less than the
entire Premises shall be so taken and, in Tenant's opinion, the remaining
portion thereof is adequate and suitable for use by it for its purposes as
elsewhere herein stated, then, at Tenant's option to be exercised by
written notice to Landlord within twenty (20) days following such taking,
this Lease shall continue in full force and effect as to that portion of
the Premises remaining and the monthly rent payable hereunder after the
date of such taking and for the remainder of the term shall be reduced in
the same proportion as the rental value of the Premises is reduced by the
taking.  In such an event (i.e., the continuance of the Lease as the
portion remaining), Landlord shall proceed diligently to restore, repair or
replace said Premises as closely as possible to their  condition
immediately prior to the taking.  Landlord shall at all times keep Tenant
promptly and fully advised of any condemnation proceeding or threat
thereof.  Any award or compensation arising out of such appropriation or
taking shall be apportioned between Landlord and Tenant with respect to the
property of the Landlord and the Leasehold, improvements and fixtures of
Tenant; PROVIDED, HOWEVER, that nothing herein

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shall prohibit Tenant from taking independent action against the condemning
authority to recover any other damage or costs to which it may be entitled.

     15.  DEFAULT BY TENANT.  If Tenant at any time during the term of this
Lease:

          a.   Shall default in the payment of any installment of rent or
any other sum specifically to be paid by Tenant hereunder (including,
without limitation, real estate taxes, assessments, water and sewer
charges, insurance premiums, and such other similar charges and assessments
as may be levied, assessed or charged against the Land and/or Building) and
such default shall not have been cured within ten (10) days after Landlord
shall have given to Tenant  written notice specifying such default; or

          b.   Shall default in the observance or performance of any of
Tenant's other covenants hereunder (other than the covenant to pay rent or
any other sum herein specified to be paid by Tenant) and such default shall
not have been cured within thirty (30) days after Landlord shall have given
to Tenant written notice specifying such default; PROVIDED, HOWEVER, that
if the default complained of shall be of such a nature that the same cannot
be completely remedied or cured within such 30-day period, except as to
subparagraphs c. and d. of this Section, then such default shall not be an
enforceable default against Tenant for the purpose of this paragraph if
Tenant shall have commenced curing such default within such 30-day period
and shall proceed with reasonable diligence and in good faith to remedy the
default complained of; or

          c.   Shall (i) file a voluntary petition in bankruptcy, or (ii)
be adjudicated bankrupt or insolvent, or (iii) have a receiver or trustee
appointed for all or substantially all of its business or assets by reason
of Tenant's insolvency, or (iv) suffer an order to be entered approving a
petition filed against Tenant seeking reorganization of

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<PAGE>

Tenant under the federal bankruptcy laws or any other applicable law or
statute of the United States or any state thereof; or

     d.   Shall make a general assignment or general arrangement for the
benefit of its creditors; then upon the happening of any one or more of
such events of default and the expiration of the period of time prescribed
for the cure thereof without such cure having been made,
Landlord may, without further notice or demand to Tenant, terminate this
Lease and re-enter the premises and remove all persons and property
therefrom.  In the event of such Lease termination by Landlord, Tenant will
indemnify Landlord against all loss of rent which Landlord may incur by
reason of such termination provided Landlord shall have made every
reasonable effort to mitigate such loss.

     16.  DEFAULT BY LANDLORD.     Landlord shall make all payments
required on any mortgage or other lien or encumbrance affecting the Land
or/or Building, and shall make all repairs to the Premises and do other
such things as may be required of it hereunder, and if Landlord at any time
during the term of this Lease shall fail to pay any such charges or shall
fail to make any such repairs or do any work required of it by the
provisions of this Lease or in any other respect shall fail to perform any
convenants or agreements in this Lease required on the part of Landlord to
be performed, then and in any such event or events Tenant may, after the
continuance of any such failure or default for fifteen (15) days after
notice in writing thereof is given by Tenant to Landlord (and in addition
to any other rights or remedies  which may be available at law or in
equity), either (i) make such payments and do such work and otherwise
perform Landlord's convenants all on behalf of and at the expense of
Landlord or (ii) terminate this Lease.  If

                                    8

<PAGE>

Tenant elects to perform Landlord's covenants, Landlord agrees to pay to
Tenant the amount of the expense incurred, failing which Landlord agrees
that Tenant may deduct the amount out of the rental payments and other
payments thereafter coming due to Landlord pursuant to the provisions of
this Lease, without liability or forfeiture, and may apply the same to
payment of such indebtedness of Landlord to Tenant until such indebtedness
is fully paid as herein provided.

     17.  HOLDING OVER.  If Tenant remains in possession of the Premises
after the expiration of the term of this Lease it shall be deemed to be a
tenant from month to month at the monthly rental rate in effect during the
last month of the term expired and governed in all other things, except as
to the duration of the term, by the provisions of this Lease.  Either party
may terminate such month to month tenancy by giving to the other at least
thirty (30) days' prior written notice of its intent to terminate.

     18.  SURRENDER.     At the expiration of the term of this Lease,
Tenant agrees to quit and surrender possession of the Premises to Landlord
in as good condition as when delivered by Landlord, excepting reasonable
wear and tear, damage from any cause beyond Tenant's control and as
provided in the clauses of this Lease entitled:  Maintenance and Repairs;
Alterations, Improvements and Installations by Tenant; Damage or
Destruction; and Condemnation.

     19.  NOTICES.  Any notice or demand required or permitted to be given
under the terms of this Lease shall be deemed to have been duly given or
made if given by any of the following methods:

                                    9

<PAGE>

          a.   Deposited in the United States mail, in a sealed envelope,
postage paid, by registered or certified mail, return receipt requested,
respectively addressed as follows:

          To Tenant:
               Global Water Technologies, Inc.
               Attn: Mr. Gary Brown, General Counsel
               1767 Denver West Blvd.
               Golden, CO  80401
               (303)215-1100 phone
               (303)215-0595 fax

          To Landlord:
               GK Holdings, Inc.
               Attn: Mr. George Kast
               1767A Denver West Blvd.
               Golden, CO  80401
               (303)384-0010 phone
               (303) 384-0020 fax

          b.   Sent to the above address via an established national
overnight delivery service (such as Federal Express), charges prepaid, or

          c.   Sent via any electronic communications method provided the
sender obtains written confirmation of receipt or the communication by the
electronic communications equipment at the office of the address listed above.

     20.  DISTRAINT FOR RENT. Landlord waives any right it may have to levy
or distrain upon for rent, in arrears, in advance, or both, or to claim or
assert title to, any property of Tenant or third parties on or about the
Premises.

                                   10

<PAGE>

     21.  INSURANCE; MUTUAL WAIVER OF SUBROGATION.     Tenant shall, at its
sole cost and expense, insure or self-insure the Building and its property
located on the Premises, against fire and other causes included in standard
extended coverage by policies which shall include a waiver by the insurer
of all right of subrogation against Landlord and Tenant in connection with
any loss or damage thereby insured against.  The insurance on the building
shall name Landlord as additional insured.  Neither Landlord nor Tenant
shall be liable to the other or to any insurance company (by way of
subrogation or otherwise) insuring the other party for any loss or damage
to any building, structure, or losses under workers' compensation laws and
benefits, negligence of such party, its agents, or employees if any such
loss or damage is covered by insurance benefiting the party suffering such
loss or damage or was required to be covered by insurance pursuant to this
Lease.

     22.  QUIET ENJOYMENT.    Landlord covenants that, so long as Tenant is
not in breach of the terms and conditions of this Lease, Tenant shall
peaceably and quietly have, hold, and enjoy the Premises for the term
hereof, subject to the provisions of this Lease.  Upon Tenant's request,
Landlord shall procure a non-disturbance clause from each current and
future mortgagee providing that Tenant's possession will not be disturbed
by a mortgage foreclosure so long as Tenant is not in default of the Lease.

     23.  RENEWAL OPTION.     Tenant shall have the right to renew the term
of this Lease for two (2) successive period of five (5) years each.  The
rental rate during any renewal period shall be at an agreed upon rate.
Tenant shall provide Landlord with at least one hundred eighty (180) days'
advance written notice of its intention to exercise said renewal option(s)
prior to the effective date of each such period.  Landlord shall have

                                   11

<PAGE>

access to the Building for the purpose of showing the property to
prospective tenants during the entire term hereof.

     24.  ENTIRE AGREEMENT.   This document contains the entire agreement
between the parties and expressly supersedes any prior lease arrangements
between the parties.  No variation or alteration of the terms hereof shall
be binding upon either party unless the same be reduced to writing and
executed by an authorized officer of both parties.

     25.  MISCELLANEOUS. Each and all of the terms and agreements herein
contained shall be binding upon and inure to the benefit of the parties
hereto, their heirs, personal, and legal representatives, successors, and
assigns.  This instrument contains the entire agreement made between the
parties and may not be modified orally or in any manner other than by an
agreement in writing signed by all the parties hereto or their respective
successors in interest.  This Lease shall be governed by the laws of the
State of Colorado.

     26.  ACCEPTANCE.    Execution of this Lease by Landlord constitutes an
offer which shall not be deemed accepted by Tenant until Tenant's execution
of this Lease and Landlord has received a duplicate original copy thereof.

     IN WITNESS WHEREOF, the parties have duly executed this Lease on the
     date first written above.

                         LANDLORD:
                         GK HOLDINGS, INC.
CORPORATE SEAL

                         By:____________________________________

                         Title: __________________________________

                                   12

<PAGE>

                         TENANT:
                         GLOBAL WATER TECHNOLOGIES, INC.

CORPORATE SEAL           By:___________________________________

                         Title: ___________________________________

STATE OF COLORADO             )
                              ) SS
_________COUNTY OF ___________)

     The Foregoing Instrument was acknowledged before me this ____ day of
December 1999, by George A. Kast as President of GK HOLDINGS, INC. a Nevada
corporation)

Witness my hand and official seal.

                    ___________________________________
                    Notary Public

My Commission Expires on _____________________

STATE OF COLORADO             )
                              ) SS
_________COUNTY OF ___________)

     The Foregoing Instrument was acknowledged before me this ____ day of
December 1999, by Gary Brown as General Counsel of Global Water
Technologies, Inc. a Delaware corporation)

Witness my hand and official seal.

                    ___________________________________
                    Notary Public

My Commission Expires on _____________________

                                   13

<PAGE>

                                EXHIBIT A

                          PROPERTY DESCRIPTION

OFFICE PARK ACTIVITY AREAS 6A AND 6B, DENVER WEST PROPERTIES AMENDMENT
NUMBER 2, ACCORDING TO THE PLAT THEREOF RECORDED JULY 7, 1995 AT RECEPTION
NO. F0080214, IN PLAT BOOK 124 AT PAGE 29, COUNTY OF JEFFERSON, STATE OF
COLORADO

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