Document:

LICENSE AGREEMENT

This LICENSE AGREEMENT ("Agreement") is dated as of November 19,
1998  ("Effective Date"), between GolfGear International, Inc., a
Nevada corporation, 5481A Commercial Drive, Huntington Beach, CA
92649 ("Licensor"), and Wilson Sporting Goods Co., 8700 W. Bryn
Mawr, Chicago, Illinois 60631 ("Licensee");

                             RECITALS

WHEREAS, Licensor owns certain patent rights relating to golf
club technology;

WHEREAS, Licensor has agreed to grant a license to Licensee, to
use such technology covered by Licensor's patent rights under the
terms and conditions set forth in this Agreement.

THEREFORE, the Licensor and the Licensee agree as follows:

1.  Definitions

1.1  "Affiliate" shall mean any person or entity in which a party
or a direct or indirect parent of a party owns, directly or
indirectly, stock or other indicia of ownership representing at
least 50% of the voting control over such person or entity.

1.2  "Licensed Patent Rights" shall mean the United States and
foreign patents and patent applications of the Licensor listed in
attached Schedule 1, which is incorporated as an integral part of
this Agreement, and any continuations, continuities-in-part,
divisions, reissues, re-examination, extensions, additions, and
foreign or other counterparts thereof

1.3  "Licensed Product" shall mean a golf club, component of a
golf club, or golf club or component made by a method coming
within a claim of any patent or patent application which issues
into a patent under the Licensed Patent Rights.

1.4  "Net Selling Price" shall mean Licensee's invoiced price of
all Licensed Products to a customer who is not an Affiliate,
minus any returns.

2.  License Grant

2.1  Licensor hereby grants to Licensee a non-exclusive,
worldwide license, with no right to grant sublicenses, to make,
have made, use, sell, offer to sell and otherwise dispose of
Licensed Products utilizing the Licensed Patent Rights.  Such
license of Licensed Patent Rights shall be subject to the
royalties provided in Section 3. Wilson agrees to limit sales of
its currently designed Pro Staff insert irons to 1,200 sets, in
jurisdictions where Licensor has a patent within the Licensed
Patent Rights.

2.2  Licensor warrants that it is the exclusive owner of the
Licensed Patent Rights, which are not encumbered in any way, and
that it has the full power to enter into this Agreement and make
the grants set forth above.

2.3  Licensor makes no warranties or representations that any
Licensed Products do not infringe any patents of third parties.

3.  Compensation

3.1  Advance Payment.  Licensee shall make an advance payment to
Licensor upon the signing of this Agreement by both parties as
specified in attached Schedule 2. This payment shall not be
credited against any amounts payable as royalties under paragraph
3.2 or paragraph 3.3.

3.2  Royalties.  Licensee shall pay Licensor a royalty as
specified in attached Schedule 2, for each golf club or golf club
component made, used, sold or offered by Licensee or on its
behalf in a geographical area where such activity would
constitute an infringement of a Licensed Patent Right in that
area.

3.3  Minimum Royalties.  In any year during which any Licensed
Patent Rights remain in effect and Licensee makes, uses, sells or
offers to sell any Licensed Products in a geographical area in
which such activity constitutes an infringement of a Licensed
Patent Right in that area, Licensee shall make a minimum annual
royalty payment to Licensor as specified in attached Schedule 2
(which minimum amount shall be pro rated for any partial year
during which the minimum applies).

3.4  Royalties Not Refundable.  Any Payments or royalties paid by
Licensee under this Agreement shall not be refundable for any
reason.

3.5  Termination of Royalties.  The obligation to pay royalties
for Licensed Products payable under this Agreement shall be
terminated for a patent in the event that the United States
Patent and Trademark Office or a court of competent jurisdiction
holds that a patent under the Licensed Patent Rights is invalid
and/or unenforceable, in a decision from which no further rights
of appeal are available, and when such event occurs no father
royalties shall be due under that patent.

3.6  Royalty Payments.  Licensee shall pay the royalties
required hereunder within thirty (30) days following each
calendar quarter after the Effective Date of this Agreement,
except for minimum royalties which shall be paid at the end of
each calendar year.

3.7  Reports.  On or before each royalty payment date,
Licensee shall render to Licensor a written statement setting
forth the quantity of Licensed Products sold during the previous
royalty period, together with a statement of the amount of
royalties due for such products.  During any period that
royalties are payable hereunder, Licensee shall keep written
records respecting such products so the royalties payable
hereunder may be accurately established and determined, and
Licensee shall permit such records to be inspected no more than
once during any calendar year by a Certified Public Accountant
appointed by the Licensor at any reasonable time during regular
business hours, upon written notice to Licensee at least five (5)
working days in advance of the inspection, to verify compliance
with this Agreement.  If an underpayment of royalties is verified
of more than 5% of the amount due for any year, Licensee shall
pay the cost of the inspection.

3.8  Future Products of Licensee.  For future products of
Licensee that (a) employ an insert as disclosed by the Licensed
Patent Rights or (b) employ a forged face with a cast body, if
Licensee believes such a product is not a Licensed Product
because it does not come within a claim of any patent or patent
application under the Licensed Patent Rights, Licensee shall
identify such product and provide a detailed explanation of the
basis of its belief. A failure to comply with this section shall
constitute a breach of this Agreement.

4.  Term and Termination

4.1  The terms, conditions and obligations of this Agreement
become effective as of the Effective Date of this Agreement.

4.2.  This Agreement shall remain in effect for five years from
and after the Effective Date with Licensee's option to renew for
an additional five years.

4.3.  This Agreement may be terminated by Licensor prior to its
expiration, by prior written notice to the Licensee, for failure
to comply with any obligation hereunder; provided, however, that
the Licensee shall have thirty (30) days from the date of
delivery of such notice within which to remedy such breach.

5.  Consequence of Termination

5.1  Termination of the Agreement for any reason shall not
relieve Licensee of its obligation to pay royalties accrued, due
or payable up to the date of such termination.

6.  Miscellaneous

6.1  Governing Law.  This License Agreement shall be governed and
construed in accordance with the laws of the State of California.

6.2  Assignment.  All rights of Licensor under this Agreement can
be assigned without any prior notice to or consent by the
Licensee. Licensee shall have no right to assign any of its
rights or obligations under this Agreement without the prior
written consent of the Licensor.  Subject to such restrictions,
this Agreement shall be binding upon and inure to the benefit of
the parties, their successors and assigns.

6.3  Notices.  Any notice or other communication provided for
herein or given hereunder to a party hereto shall be in writing
and shall be hand-delivered or mailed by first class registered
or certified mail, postage prepaid, or sent by facsimile
telephone transmission or telex addressed to the attention of the
person specified below, in each case addressed or sent as
follows:

If to Licensor:

Pacific Golf Holdings, Inc.
c/o GolfGear International, Inc.
5481A Commercial Drive
Huntington Beach, CA 92649
Attention: President
Facsimile Telephone Number: (714) 899-4284

If to Licensee:

Wilson Sporting Goods Co.
8700 W. Bryn Mawr
Chicago, Illinois 60631
Attention: Director of Technology, Golf Division
Facsimile Telephone Number:  (773) 714-6575

or to such other address or number, or the attention of such
other person, with respect to either party as such party shall
have communicated to the other by written notice given in
accordance with this section.

6.4.  Waiver and Other Action.  No party, may waive any of
the terms or conditions of this Agreement except by a duly signed
writing referring to the specific provisions to be waived.

6.5.  Severability. If any term, provision, covenant or
restriction of this Agreement is held by a court of competent
jurisdiction to be invalid, void or unenforceable, the remainder
of the terms, provisions, covenants and restrictions of this
Agreement shall continue in full force and effect and shall in no
way be affected, impaired or invalidated.

6.6.  Counterparts.  This Agreement may be executed in two or
more counterparts, each of which shall be deemed an original but
all of which shall constitute but one instrument.  Telecopy
versions of signed documents shall be deemed to be original
documents for purposes of this Agreement.

6.7.  Entire Agreement.  This Agreement constitutes the entire
agreement between the parties, or any of them, with respect to
the subject matter hereof and supersedes any and all prior
agreements or understandings with respect thereto.

6.8.  Relationship.  It is expressly agreed that the parties
intend by this Agreement to establish between Licensor and
Licensee the relationship of independent contractors.  It is
further agreed that a party has no authority to create or assume
in the other party's name or on behalf of the other party for any
purpose whatsoever.  Neither Licensor nor Licensee is the
employer, employee, agent, partner or co-venturer of or with the
other, each being independent.

IN WITNESS WHEREOF, the parties to this Agreement have caused
this Agreement to be executed on the date first above written.

GOLFGEAR INTERNATIONAL, INC.

By: /s/ Donald Anderson
Donald Anderson, President

WILSON SPORTING GOODS CO.

By: /s/ Frank Garrett, Jr.
Frank Garrett, Director of Research and Development

                         SCHEDULE 1

                  LICENSED PATENT RIGHTS

Jurisdiction   Title                         Number   Date of Patent

United States  Golf Club Head and
               Method of Forming Same        5,024,437    06/18/91

United States  Golf Club Head and
               Method of Forming Same        5,094,383    03/10/92

United States  Golf Club                     5,255,918    10/26/93

United States  Golf Club Head and
               Method of Forming Same        5,261,663    11/16/93

United States  Golf Club with Recessed
               Non-Metallic Outer Face Plate 5,261,664    11/16/93

United States  Golf Club Head and Method
               Of Forming Same               5,344,140    09/06/94

United States  Golf Club with recessed,
               Non-Metallic Outer Face Plate 5,417,419    05/23/95

United States  Structure and Process for
               Affixing a Golf Club Head
               Insert to a Golf Club Head
               Body                          5,720,673    02/24/98

                            SCHEDULE 2

                              PAYMENTS

Advanced Payment. The advance payment under paragraph 3.1 is:

                             $25,000.00

(contrary to paragraph 3.1, this is to be credited against
advanced royalty payments)

Royalties. The royalty under paragraph 3.2 per golf club or golf
club component is:

for irons:

$1.00/club for first 250,000
$.75/club for next 250,000 to 500,000
$.50/club for 500,000 up

for woods:

$1.00/club for first 500,000
$.75/club for 500,000 up

Minimum Royalties. The minimum royalty per year is: $15,000.00FINANCIAL SERVICES AGREEMENT

This Financial Services Agreement ("Agreement") is entered into
on this 17th day of June, 1997 by and between BRIDGEWATER CAPITAL
CORPORATION (hereinafter "BCC") and GOLFGEAR INTERNATIONAL, INC.,
a Corporation (hereinafter "Client"),

HEREAFTER, the Client and BCC are referred to collectively as
"Parties", and singularly as "Party".

WHEREAS, the Parties desire to set forth the terms and conditions
under which the said services shall be performed.

NOW, THEREFORE, in consideration of the promises of the mutual
covenants herein, the Parties hereto agree as follows:

                     ARTICLE I-SCOPE OF SERVICES

BCC agrees to perform for the Client, beginning immediately on
the date this Agreement is signed by all Parties, the financial
services described as follows:

(a)  BCC will arrange for and help consummate the merger between
Client and a publicly traded "shell" corporation.

(b)  BCC will assist the Client to analyze, negotiate and advise
on equity capital, debt financing, bridge loans etc.

(c)  BCC will perform Investment banking activities including,
but not limited to, assisting in locating merger candidates,
acquisition candidates, divestiture opportunities, spin-off
opportunities, strategic alliances or partnerships, any other
opportunities to enhance shareholder value, advise company on
financial public relations firms, services, techniques, press
releases, shareholder letters etc,

(d)  BCC will advise Client and perform research on specific
investment opportunities which may come to the attention of BCC
or Client and provide research on general market conditions.
Client agrees that BCC will not advise Client on the
appropriateness of an investment, but merely collect, analyze and
summarize data.

(e)  RCC will also perform other duties from time to time as
requested by Client, provided that in no event will BCC perform
the services of an investment adviser.

(f)  In rendering these services, BCC may develop creative works
for Client, Including but not limited to inventions, discoveries,
improvements, developments, processes, drawings, computer
software or other work which may be protectable by copyright,
patent or trade secrecy law.  BCC agrees that all such work shall
be considered to be work for hire" and that all ownership and
rights of copyright, patent, or trade secrecy pertaining to such
work shall become the property of the Client.  BCC agrees to
assign and does hereby assign all its rights in and to the
foregoing, whether or not patentable or copyrightable, to the
Client.  BCC agrees that all information disclosed to ft about
the Client's products, processes and services are the sole
property of the Client and BCC will not assert any rights to any
confidential or proprietary information or material, nor will BCC
directly or indirectly, except as required In the conduct of
their duties under this Agreement, disseminate or disclose any
such confidential information.

(g)  Additional special projects, such as annual reports,
quarterly reports, video presentations, personal presentations,
financial public relations etc. will be performed and billed
separately as mutually agreed upon by all Parties.

                  ARTICLE II-PERIOD OF PERFORMANCE

The period of performance under this Agreement shall begin
immediately upon a $500,000 (gross) capital infusion into Client
and will continue for a primary twelve (12) month term.  If this
Agreement Is terminated by Client prior to twelve months, then
all payments due and payable under this Agreement will become
immediately due and payable to BCC.

                 ARTICLE III-CONTRACTUAL RELATIONSHIP

In performing the services under this agreement, BCC shall
operate as, and have the status of, and independent contractor.
BCC shall not have authority to enter into any contract binding
the Client, or create any obligations on the part of the Client,
except as shall be specifically authorized by the Client.  The
Client and BCC will be mutually responsible for determining the
means and the methods for performing the services described In
ARTICLE 1.

                       ARTICLE IV-COMPENSATION

As full consideration for the performance of the basic services
described above, the Client shall pay BCC compensation, only upon
a $500,000 gross capital infusion into Client, as follows:

(a)  Upon successful completion of the merger, or the $500,000
gross capital infusion, whichever comes later, BCC shall be
entitled to 4.99% of the stock of the post merged public company.
Said stock shall be registered under S-8, or any similar
registration statement, or as may be applicable and also shall
have piggyback registration rights, if needed.

(b)  $6,000 per month consulting fees due and payable in cash or
S-8/504 stock of Client, if available (at BCC's option).  The
initial payment of $6,000 is due and payable upon the $500,000
gross infusion of capital and then the subsequent eleven payments
of $6,000 are due monthly on the corresponding anniversary dates.
The first six (6) months  of payments shall be escrowed from the
initial infusion of capital and released from escrow accordingly.

(c)  Client shall grant to BCC the right to represent the Client
exclusively, for the services described in Article 1, without
competition or interference for a period of one hundred eighty
(180) days from the date this Agreement is signed by all Parties.

(d)  Client shall grant to BCC the right to appoint one person to
the Client's Board of Directors for a period of two (2) years
from the date this Agreement is signed by both Parties.

(e)  A finders fee on any mergers or acquisitions of Client by,
of or through contacts introduced by or through BCC, calculated
using the Lehman Formula (See attached Exhibit A).  This fee is
due and payable in common stock of Client at said merger date.
The Lehman Formula will be calculated using the total value of
the amount(s) paid for the Acquisition whether in stock, cash,
notes, warrants etc.

(f)  A 10% Finders Fee and a 2% non accountable Expense
Allowance on any and all capital, cash, equity or debt, infused
into Client only by or through a contact Introduced by BCC.  If
such capital comes from a source not introduced to Client by or
through BCC then no Finders Fee will be due to BCC however the
Expense Allowance will be due and payable to BCC, on all capital
raised excluding mergers & acquisitions not introduced by BCC.

(g)  Upon presentation of Invoices from BCC, Client shall
reimburse BCC for any and ail reasonable and normal business
expenses incurred by SCO in connection with the performance of
the services provided herein up to the sum of $1,500 per month;
provided, however, any expenditures in excess of $1,500 per month
will also be reimbursed to BCC as long as BCC has, prior to such
expenditure, received the approval of the Client to incur such
expenses.

                    ARTICLE V-COMPANY INFORMATION

Since BCC must at all times rely upon the accuracy and
completeness of information supplied to it by the Client's
officers, directors, agents, and employees, the Client agrees to
Indemnify, hold harmless, and defend BCC, its officers, agents or
employees at the Clients expense, in any proceeding or suit which
may arise out of and/or due to any inaccuracy or incompleteness
of such material supplied by the Client to BCC.

                        ARTICLE VI-ASSIGNMENT

This Agreement is intended to be binding upon and shall inure to
the benefit of the Parties, their successors and assigns,
Specifically, if the reverse merger occurs, this Agreement
continues as an obligation of the new entity.

              ARTICLE VII-REPRESENTATIVE AND NOTICES

Notices provided for hereunder shall be in writing and may be
served personally to the Client's representative and BCC's
representative at their respective place of business or by
registered mail to the address of each Party or be transmitted by
fax.

            ARTICLE VIII-ARBITRATION/JURISDICTION OF COURT

Any controversy or claim arising out of or relating to this
Agreement, or the breach thereof, shall be settled by arbitration
in the County of Orange, California, U.S.A., in accordance with
the rules of the American Arbitration Association there in
effect, except that the Parties thereto shall have any right to
discovery as would be permitted by the Federal Rules of Civil
Procedure and the prevailing Party shall be entitled to,
reasonable costs and reasonable attorney's fees from arbitration
or any other civil action.  Judgment upon the award rendered
therein may be entered in any Court having jurisdiction thereof.
Jurisdiction for any legal action is stipulated between the
Parties to lie In the County of Orange, California, U.S.A.

                     ARTICLE IX-MISCELLANEOUS

This Agreement constitutes the entire agreement between the
Client and BCC relating to providing financial services.  It
supersedes all prior or contemporaneous communications,
representations or agreements, whether oral or written, with
respect to the subject matter hereof and has been induced by no
representations, statements or agreements other than those
expressed herein.  No agreements hereafter made between the
Parties shall be binding on either Party unless reduced to
writing and signed by an authorized officer of the Party bound
thereby.

IN WITNESS WHEREOF, the Parties hereto have caused this Agreement
to be executed by their duly authorized officers.

GOLFGEAR INTERNATIONAL, INC.

By: /s/ Donald Anderson
Donald Anderson, President

BRIDGEWATER CAPITAL CORPORATION

By: /s/ Jack Thomsen
Jack Thomsen, Chief Financial Officer

GOLFGEAR INTERNATIONAL, INC.

Amount:  $500,000

Instrument:  2 year Senior Convertible Debenture

Registration:  Underlying common stock to be registered pursuant
to an applicable form of registration (i.e. S-3, SB-2, 504, S-1).
The company shall use it's best efforts to file an applicable
registration statement within 60 days after the company begins
trading.

Coupon:  10% annualized, payable quarterly, due on all
unconverted debentures as of the quarterly payment dates.  The
payment can be, made at the company's discretion either in cash
or stock.  The underlying stock would be issued at a 30% discount
from the previous 5 day average closing bid price on the date of
the quarterly calculation.  The stock will also have piggyback
registration rights.

Proposed Structure:  The debenture will be convertible at the
lesser of, a share price using shares valued at a private company
valuation of $6,000,000 (pre-investment), or a 40% discount from
the previous 5 day, from the date of conversion, average closing
bid price of the common stock.

Buyback Provision:  Anytime prior to the 9 month anniversary date
from the signed subscription agreement, the Company shall have
the right, in whole or part, to purchase any unconverted
debentures from the investor(s) at a 12.5% premium of par value
and any accrued interest.  If the company redeems the debenture
then warrants to purchase $250,000 worth of common stock (on a
pro-rata basis), at the original valuation price, shall be issued
to the investor(s).  The common stock underlying the warrants
will have piggyback registration rights.

Closing:  ASAP

GOLFGEAR INTERNATIONAL, INC.

By: /s/ Donald Anderson
Donald Anderson, President
Dated: June 17, 1997

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00000-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00000-of-00352.parquet"}]]