Document:

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                                                                   EXHIBIT 10.11
                                                                          Page 1

                              CONSULTING AGREEMENT

THIS AGREEMENT (the "Agreement") is made and entered into on the lst day of
June, 2001, by and between ELECTROPURE, INC. (the "Company" or "Electropure"), a
California corporation, with its principal place of business at 23456 South
Pointe Drive, Laguna Hills, CA 92653, and COMMUNICATIONS MANAGEMENT ASSOCIATES
("Consultant"), a Delaware corporation, with its principal place of business at
14911 Caminito Ladera, Del Mar, CA 92014.

WHEREAS, the Company desires to engage the Consultant to consult on various
administrative, public relations and financial matters in connection with the
business of the Company and the Consultant desires to provide such consulting
services to the Company.

NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants
hereinafter set forth, the parties agree as follows:

1.      PURPOSE. The Company hereby engages the Consultant to act in an advisory
capacity to the Company's Board of Directors and to provide consulting services
for the purposes set forth above and the Consultant hereby agrees to such
engagement. Floyd H. Panning, President of the Company, will serve as point of
contact for the Company. Arthur Lipper III will serve as point of contact for
Consultant and the Company has entered into this Agreement with the express
understanding that Arthur Lipper III will continue to serve in such capacity
throughout the term of this Agreement.

2.      PRIOR AGREEMENTS. The parties have entered into no prior written
agreements with regard to the consulting arrangements herein set forth and all
prior oral discussions are merged herein.

3.      TERM AND EFFECTIVE DATE. The Effective Date of this Agreement shall be
the date set forth above. Commencing on the Effective Date, this Agreement shall
continue for a period of one (1) year, at which time this Agreement shall
automatically terminate, subject to the provisions of Paragraph 11 hereof. This
Agreement may be renewed or extended only upon the written mutual agreement of
the parties hereto.

4.      DUTIES AND SCHEDULING OF SERVICE. During the term of this Agreement,
Consultant agrees to perform the duties as described above in accordance with
the scheduling of such duties as from time to time may be mutually agreed upon
by the parties. Consultant shall devote the amount of time which the parties
mutually agree is necessary to the successful performance of such duties.

5.      STATUS OF PARTIES. It is understood and agreed that the relationship of
the Company and Consultant shall be that of independent contractors, and neither
party, nor their agents or employees, shall be deemed to be the agent of the
other.

6.      COMPENSATION. For all of the services rendered by Consultant, the
Company will pay Consultant as follows:

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                                                                   EXHIBIT 10.11
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        A.     The sum of One Thousand Two Hundred Fifty Dollars ($1,250.00) per
               month during the term of this Agreement, payable on the last day
               of each month; and

        B.     The Company will grant Consultant Five Thousand (5,000) shares of
               its fully-paid and non-assessable common stock for each month of
               the twelve month term of this Agreement. All of such shares shall
               be issued as soon as practicable at the current Fair Market Value
               of $0.35 per share and shall be subject to forfeiture on a
               pro-rata basis if this Agreement shall terminate prior to its
               one-year term.

        C.     Consultant will have the right to have the Common Stock issued
               hereby registered for sale under the Securities Act of 1933, as
               amended (the "Act"), if the Company files a registration
               statement (except an amendment to a currently pending
               registration statement or an underwritten public offering wherein
               the underwriter objects to the inclusion and except on Forms S-4
               or S-8) at any time following the issuance date of the shares.
               The Company will use its best efforts to cause any such
               registration to become effective and continue to be effective
               (current)(including the taking of such steps as are necessary to
               obtain the removal of any stop order) for a period equal to the
               lesser of two (2) years following the issuance date or until the
               Consultant has advised the Company that all shares have been
               sold; provided, however, that if at the time of a proposed
               registration statement, the shares can be sold under Rule 144 of
               the Act without any restriction and the Company removes any
               legends restricting transfers of the shares, the Company does not
               have to include the shares in any registration statement.

7.      EXPENSES. Consultant shall be responsible for its own office expenses,
if any, including telephone and secretarial expenses, unless authorized or
directly provided by the Company. Pre-authorized travel and related
out-of-pocket expenses, i.e., entertainment, lodging, meals, shall be billed to
the Company at Consultant's cost and in accordance with standard Internal
Revenue Code guidelines.

8.      NON-COMPETITIVE SERVICE. It is recognized by both parties to this
Agreement that Consultant may furnish advisory services to other clients.
Consultant agrees to refrain from the following during the term of this
Agreement:

        A.     Performing services for other persons or firms competing with the
               Company, unless prior written permission is obtained from the
               Company; and

        B.     Disclosing confidential information, as defined in Paragraph 9
               below, unless the Company consents in writing to such disclosure.

9.      CONFIDENTIALITY. Consultant agrees that, during the term of this
Agreement and after its termination for any cause whatsoever:

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        A.     Consultant will keep in strictest confidence all information
               identified as confidential or which, from the circumstances, in
               good faith and good conscience ought to be treated as
               confidential, including, but not limited to, customer lists,
               information about processes, technical information, numbers of
               instruments built, shipped and delivered, products, services,
               systems, business plans, marketing methods, strategies and costs
               of Electropure, Inc. relating, in any way, to the business and
               affairs of the Company which Consultant may acquire in connection
               with or as a result of Consultant's engagement ("Confidential
               Information"); and

        B.     Consultant will not use or permit the use of any Confidential
               Information for the benefit of anyone other than the Company; and

        C.     At the time this Agreement is terminated, Consultant will not
               retain any Confidential Information in any form and Consultant
               will immediately return all such Confidential Information to the
               Company without any demand therefor.

        D.     Consultant agrees that all inventions, improvements, discoveries
               or developments, including, but not limited to, computer software
               authorized by Consultant ("Work Product") which Consultant may
               make or conceive, either solely or jointly with others, whether
               arising from Consultant's own efforts or suggestions received
               from any other source, which arise out of Consultant's engagement
               hereby or Consultant's exposure to Confidential Information,
               shall be the exclusive property of the Company free from any
               claim or retention of rights thereto by Consultant (including for
               the purposes of copyright). Consultant further agrees to fully
               disclose and assign to the Company, exclusively and absolutely,
               all such Work Product and, at the request and expense of the
               Company, to execute all instruments and documents and to do all
               things which may be reasonably necessary to protect the rights of
               the Company and best in the Company and its assigns all such Work
               Product without charge beyond the regular fees paid to Consultant
               by the Company as prescribed hereunder.

10.     INDEMNIFICATION. The Company shall indemnify Consultant and hold
Consultant harmless from liability for acts or omissions to act by Consultant
while performing services for the Company to the greatest extent permitted by
the applicable laws of the State of California.

11.     TERMINATION. Notwithstanding any provision herein to the contrary,
either party hereto shall have the right, at its option, to terminate this
Agreement by giving thirty (30) days' written notice thereof to the other party.

12.     NOTICES. All notices, requests, demands and other communications shall
be in writing and shall be deemed to have been duly given or made upon personal
delivery or, if mailed by registered or certified mail, postage prepaid, on the
third day following deposition in a United States mail receptacle:

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        If to Consultant, addressed to:         If to the Company, addressed to:

        Arthur Lipper III, President            Floyd H. Panning, President
        Communications Management Assoc.        Electropure, Inc.
        14911 Caminoto Ladera                   23456 South Pointe Drive
        Del Mar, CA 92014                       Laguna Hills, CA 92653

or to such other address as either party hereto may request by notice given as
aforesaid to the other party hereto.

13.     NON-ASSIGNMENT. Neither Consultant nor the Company may transfer or
assign all or any of its respective rights, duties or obligations under this
Agreement without the prior written consent of the other party.

14.     SEVERABILITY. In the event any one or more provisions or portions of
this Agreement should be determined to be invalid, illegal or unenforceable in
any respect, the validity, legality and enforceability of the remaining
provisions contained herein shall not in any way be affected or impaired
thereby.

15.     TITLES AND HEADINGS. Titles and headings to paragraphs hereof are for
purposes of reference only and shall in no way limit, define or otherwise affect
the provisions hereof.

16.     COUNTERPARTS. This Agreement may be executed simultaneously in two or
more counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument. It shall not be necessary
in making proof of this Agreement to produce or account for more than one
counterpart.

17.     RIGHTS AND REMEDIES ARE CUMULATIVE. The rights and remedies provided in
this Agreement are cumulative, and the use of any one right or remedy by any
party shall not preclude or waive their right to use any or all other remedies.
Said rights and remedies are given in addition to any other rights which any
party may have by law, statute, ordinance, or otherwise.

18.     BINDING ON SUCCESSORS. The provisions of this Agreement shall, subject
to the terms and conditions hereof, be binding upon and inure to the benefit of
the heirs, successors and assigns of the parties.

19.     ATTORNEYS' FEES. In the event of any dispute regarding the obligations
or the respective rights and interests of the parties hereunder, the prevailing
party shall recover, upon demand, from the other party, all reasonable fees,
costs and expenses (including, without limitation, such fees, costs and expenses
of litigation and appeals) incurred by such prevailing party in enforcing any
provision hereof, whether or not litigation has commenced with respect

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thereto and without regard to any schedule or the determination by a court as to
the fees, costs and expenses of such enforcement.

20.     GOVERNING LAW. This Agreement shall be governed by and construed in
accordance with the laws of the State of California.

21.     ENTIRE AGREEMENT. This Agreement contains the entire agreement of the
parties hereto and may be modified or amended only by a written instrument
executed by both parties hereto.

22.     AUTHORIZATION; NO CONFLICT. The execution and delivery of this Agreement
and the performance by the parties of their respective obligations under this
Agreement are within the corporate powers of the respective parties, have been
authorized by all necessary corporate action, have received all necessary
approvals (if any shall be required) and do not and will not contravene or
conflict with any provision of the law or of the charter or By-Laws of the
parties or any agreement binding upon either of them.

        IN WITNESS WHEREOF, the parties have executed this Agreement as of the
dates indicated below, effective as of the date indicated above in Paragraph 3.

"COMPANY"                                   "CONSULTANT"

ELECTROPURE, INC.                           COMMUNICATIONS MANAGEMENT
                                            ASSOCIATES

By   /S/ FLOYD H. PANNING  6/26/01          By   /S/ ARTHUR LIPPER III  6-25-01
   -------------------------------             --------------------------------
         Floyd H. Panning   (Date)                   Arthur Lipper III   (Date)
         President                                   President

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                                                                   EXHIBIT 10.54
                                                                          Page 1

                            ASSET PURCHASE AGREEMENT

        This Agreement (this "Agreement") is made this 3rd day of November 2000
(the "Effective Date") by and between ELECTROPURE, INC., a California
corporation (the "Seller"), having an address at 23456 South Pointe Drive, Suite
A, Laguna Hills, California 92653-1512 and RESINTECH, INC. a New Jersey
corporation (the "Buyer"), having an address at 1980 Old Cuthbert Road, Cherry
Hill, New Jersey 08034-1409 (the Seller and the Buyer each, a "Party" and
collectively, the "Parties").

                                   BACKGROUND

A.      The Seller is currently engaged in the business of marketing water and
wastewater treatment products through its division known as Hydro Components
("Hydro").

B.      The Seller desires to sell to the Buyer and the Buyer desires to
purchase from the Seller all of the assets of the Seller that are related solely
to Hydro in accordance with, and as more particularly described in, this
Agreement.

        The Parties, for good and valuable consideration, the sufficiency of
which is hereby acknowledged by each Party to the other, intending to be legally
bound hereby covenant, acknowledge and agree, as follows:

                                      TERMS

1.      SALE OF ASSETS. The Seller hereby agrees to sell to the Buyer and the
        Buyer hereby agrees to purchase from the Seller, in accordance with the
        terms of this Agreement, all of the Seller's right, title and interest
        in and to the Assets (as defined below) (the "Transaction").

2.      ASSETS; TITLE TO ASSETS. The Seller's assets that shall be conveyed to
        the Buyer pursuant to this Agreement shall consist of all of the assets
        of Hydro as set forth and more particularly described on the attached
        Schedule 2 , which Schedule 2 is incorporated into and made a part of
        this Agreement (collectively, the "Assets"). The Seller shall convey to
        the Buyer good, clear and marketable title in and to the Assets, free
        and clear of any judgments, liens or encumbrances of any nature
        whatsoever (collectively, "Liens") and shall deliver to the Buyer the
        Bill of Sale (as defined below) evidencing such conveyance.

3.      PURCHASE PRICE.

        (i)    Purchase Price. The total purchase price for the Assets shall be
Two Hundred Fifteen Thousand Dollars ($215,000).

        (ii)   Payment of Purchase Price. The Purchase Price shall be paid, by
wire transmittal of immediately available funds to the Seller, as follows:

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               A.     Upon receipt by Fox, Rothschild (as defined below) of both
this Agreement and the original Bill of Sale (as defined below) as executed by
the Seller, the Buyer shall pay the Seller the amount of Fifty Thousand Dollars
($50,000) (the "Deposit"); and

               B.     The Buyer shall pay the balance of the Purchase Price,
i.e., One Hundred Sixty Five Thousand Dollars ($165,000) (the "Balance") to the
Seller upon the occurrence of each of the following: (i) the satisfactory
completion of the Inspection (as defined below); and (ii) the receipt by the
Buyer, of either (a) Searches (as defined below) indicating the absence of any
Liens; or (b) the Discharges (as defined below).

        In the event that this Agreement is cancelled (i) the Seller shall
return the Deposit to the Buyer; and (ii) upon receipt by the Buyer of the
Deposit: (a) Fox, Rothschild shall return the Bill of Sale to the Seller, (b) in
the event the Assets shall have been delivered to the Buyer, the Buyer shall
ship the assets back to the Seller at the Seller's sole cost and expense, and
(c) neither Party shall have any further obligation to the other under this
Agreement.

4.      BILL OF SALE. The Seller shall deliver to Fox, Rothschild on or after
the Effective Date a fully executed bill of sale with regard to the Assets in
the form attached to this Agreement as Exhibit 4 (the "Bill of Sale"), which
Exhibit 4 is incorporated into and made a part of this Agreement. Fox,
Rothschild shall hold the Bill of Sale in escrow, to be released to the Buyer on
the Sale Date. In the event the sale is not consummated, Fox, Rothschild shall
return the Bill of Sale to the Seller.

5.      SEARCHES. Upon the execution of this Agreement, the Buyer shall obtain,
at the Buyer's sole cost, judgment searches and UCC searches regarding the
Assets (collectively, the "Searches"). In the event that any of the Searches
reveals the existence of any Liens, the Seller shall immediately obtain and
provide to the Buyer such discharges, satisfaction, releases or UCC-3
Termination Statements, in a form acceptable to the Buyer, as the Buyer may
require in order to release, satisfy or evidence the release or satisfaction of
any Liens (collectively, the "Discharges"). If the Seller is unable to provide
the Buyer with any required Discharges within fifteen (15) days following the
Shipping Date, the Buyer may cancel this Agreement upon written notice to the
Seller.

6.      SHIPPING. Upon a date following the Effective Date mutually agreeable to
the Parties (the "Shipping Date"), the Seller shall commence delivery of the
Assets to the Buyer at the Buyer's address set forth above (the "Buyer's
Facility") by means of an appropriate transportation method acceptable to the
Buyer. The Seller shall bear the risk of loss with regard to the Assets, and
shall maintain a policy of insurance covering the Assets in an amount no less
than the Purchase Price, until the Assets have been delivered to the Buyer's
Facility. The Seller shall be solely responsible for, and shall pay, all of the
expenses associated with shipping and insuring the Assets.

7.      RIGHT OF INSPECTION. The Buyer shall have the right to inspect the
Assets upon delivery to the Buyer's Facility. Within five (5) business days
after the delivery of the Assets (the "Inspection Period"), the Buyer shall
notify the Seller of any claim the Buyer may have with respect to the condition,
quality or grade of any of the Assets or the non-conformance of any of the
Assets to the provisions of this Agreement (a "Claim"), specifying in
commercially

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reasonable detail the basis of any Claim. The Seller may, at its option, inspect
the Assets at the Buyer's Facility in order to confirm any Claim. If the Buyer
notifies the Seller of a Claim, the Parties shall attempt to reach a mutually
agreeable resolution of the Claim or the Buyer may, at the Buyer's sole option,
cancel this Agreement upon written notification of the Seller. If the Buyer does
not notify the Seller of a Claim prior to the expiration of the Inspection
Period, the Buyer shall be deemed to have irrevocably accepted the Assets as of
such date (the earlier of such date or the date the Buyer notifies the Seller
that it accepts the Assets, the "Sale Date") and the Buyer shall transmit the
Balance to the Seller. In the event any of the Assets are returned to the Seller
in accordance with the Inspection, the Seller shall pay all costs associated
with the return shipping.

8.      TECHNICAL SUPPORT. The Seller shall provide the Buyer, at the Seller's
sole cost and expense, except for travel, lodging and transportation expenses
which shall be borne by the Buyer, the technical support of the Seller's
employee, Leroy White ("White"), at the Buyer's Facility for a period of five
(5) consecutive business days (the "Technical Support"), the dates of which
shall be mutually agreed to by the Parties. The Buyer shall not be required to
pay White, and White shall not seek, any additional compensation from the Buyer
in connection with providing the Technical Support.

9.      ORDERS SUBSEQUENT TO SALE DATE. Immediately upon receipt, the Seller
shall transmit to the Buyer, via facsimile with originals following via mail
service, all orders for Hydro products or services received by the Seller
subsequent to the Shipping Date. In addition, the Seller shall:

        (i)    notify all Hydro customers, at least twice in writing as soon as
        practicable after the Sale Date that the Buyer has purchased the Assets;

        (ii)   for a period of sixty (60) days following the Sale Date (the
        "Sixty Day Period"), forward all telephone calls related to Hydro and/or
        the Assets to the Buyer's business telephone;

        (iii)  for a period of ten (10) months following the expiration of the
        Sixty Day Period, refer all persons who call the Seller regarding Hydro
        and/or the Assets to the Buyer and provide such callers with the Buyer's
        telephone number and address;

        (iv)   provide the Buyer with any and all technical, administrative and
        accounting support as may be reasonably necessary to effect a smooth
        transition of the change in the ownership of the Assets.

10.     WARRANTY. Except as set forth in this Agreement, the Seller makes no
warranty to the Buyer with respect to the Assets and the Buyer disclaims all
other warranties, express or implied, including, without limitation, any implied
warranty or merchantability or fitness for a particular purpose.

11.     RESTRICTIVE COVENANTS. As a material consideration for the Buyer
entering into this Agreement without which the Buyer would not agree to purchase
the Assets, the Seller agrees that it shall, and that it shall require its
officers and directors (the foregoing, collectively, the "Restrained Parties")
to, comply with the following restrictive covenants:

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        (i)    Non-Solicitation Agreement. For a period of sixty (60) months
commencing with the Sale Date, neither the Seller nor any of the Restrained
Parties shall, without the Buyer's express prior written consent, directly or
indirectly, in any capacity, for its, his or her own benefit or the benefit of
any person or entity, solicit, service, contact, or aid in the solicitation of
any person which is or was the Seller's customer or prospective customer
(collectively, the Customers) for the purpose of (a) selling goods or services
in competition with the Buyer's operations relating to the Assets and/or Hydro;
(b) inducing any of the Customers to cease doing business in whole or in part
with the Buyer; or (c) inducing any of the Customers to do business with any
person or entity in competition with the Buyer relating to the Assets or Hydro.
The Seller acknowledges and agrees on its own behalf and that of the Restrained
Parties that the restrictions contained in this Section 11(i) (the
"Non-Solicitation Agreement") are reasonable and necessary to protect the
Buyer's investment in the Assets and legitimate business interests in the
Customers.

        (ii)   Non-Competition Agreement. For a period of sixty (60) months
commencing with the Sale Date, neither the Seller nor any of the Restrained
Parties shall, without the Buyer's express prior written consent, directly or
indirectly, in any capacity, for its, his or her own benefit or the benefit of
any person or entity, establish, engage in, own, manage, operate, be employed
by, join, participate in, or control any business that competes or is reasonably
expected to compete, directly or indirectly, with the business of the Buyer
relating to the Assets and/or Hydro. The Seller acknowledges and agrees on its
own behalf and that of the Restrained Persons that the restrictions contained in
this Section 4(ii) (the "Non-Competition Agreement") are reasonable and
necessary to protect the Seller's legitimate business interests.

        (iii)  Amendment by the Court. In the event that a court of competent
jurisdiction shall determine that the scope of any of the provisions of either
the Non-Solicitation Agreement or the Non-Competition Agreement (collectively,
the "Restrictive Covenants") shall be overly broad and unenforceable as written,
the Parties agree that the scope of such provision(s) shall be amended by the
court so as to be enforceable and the court shall, to the greatest extent
possible, give effect to Restrictive Covenants.

        (iv)   Breach of Agreement. The Seller acknowledges and agrees, on its
own behalf and that of the Restrained Parties, that a breach or violation of
either of the Restrictive Covenants will result in immediate and irreparable
injury and harm to the Buyer and that the Buyer shall therefore have, in
addition to any and all remedies of law, the right to an injunction, specific
performance or other equitable relief to prevent the violation of either of the
Restrictive Covenants, plus reasonable attorneys' fees and costs incurred in
obtaining any such relief. The Seller hereby expressly waives any right to claim
that any breach of either or the Restrictive Covenants is adequately compensable
in monetary damages.

12.     PRESS RELEASES. Subject to the approval of the Seller, which approval
shall not be unreasonably withheld and which shall be deemed to be given unless
denied in a writing delivered to the Buyer within three (3) days receipt by the
Seller of the proposed press release, the Buyer shall have the right, at the
Buyer's sole option, to issue any press releases with regard to the Buyer's
purchase of the Assets.

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                                                                   EXHIBIT 10.54
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13.     NO ASSUMPTION OF LIABILITIES. The Parties acknowledge and agree that the
Seller shall not assign to the Buyer and the Buyer shall not assume from the
Seller any of the Seller's liabilities whatsoever including, without limitation,
any liabilities under any contractual obligations of the Seller and/or Hydro or
any tax liabilities of the Seller.

14.     INDEMNIFICATION BY SELLER. The Seller hereby agrees to defend, indemnify
and hold the Buyer, the Buyer's shareholders, directors, officers, agents and
successors (collectively, the Buyer's Indemnified Parties) harmless from and
against any and all claims, actions, judgments, demands, costs, expenses,
liabilities, and losses (including court costs and reasonable attorneys' fees),
whether in contract, tort or otherwise, suffered by the Buyer by reason of: (i)
any and all liabilities and obligations of, or claims against, the Seller and/or
Hydro, except for claims which arise from the operations of the Buyer on or
after the Sale Date; (ii) any breach by the Seller of any of the Seller's
representations, warranties and covenants in this Agreement; (iii) any and all
past, present or future claims brought by any governmental agency or person in
connection with the ownership or operation of the Assets and/or Hydro which
arise from or relate to the Assets and/or the operations of Hydro prior to the
Sale Date; and (iv) any liability of the Seller and/or Hydro under any
applicable bulk sale notification or similar requirement.

15.     TAXES. The Buyer shall pay or reimburse the Seller, as appropriate, for
any sales, use, excise or other tax imposed or levied with respect to the
payment of the Purchase Price or the conveyance of title in the Assets to the
Buyer. In no event shall the Buyer be responsible for, and the Seller shall
defend, indemnify and hold the Buyer's Indemnified Persons harmless from, any
tax imposed upon the Seller based upon the Seller's income or for the privilege
of doing business.

16.     NOTICES. All notices, requests, demands and other communications shall
be in writing and shall be deemed to have been duly given or made when: (i)
personally delivered; (ii) delivered by overnight courier; (iii) delivered by
facsimile; or (iv) if mailed by registered or certified mail, postage prepaid,
on the third day following deposition in a United States mail receptacle:

        If to Buyer, addressed to:                 If to Seller, addressed to:

        Jeffrey H. Gottlieb, Vice President        Floyd H. Panning, President
        RESINTECH, INC.                              Electropure, Inc.
        1980 Old Cuthbert Road                     23456 South Pointe Drive
        Cherry Hill, NJ 08034-1409                 Laguna Hills, CA 92653-1512
        Phone: (856) 354-1152                      (949) 770-9347
        Fax: (856) 354-6337                        (949) 770-9209

or such other address as either Party may advise the other in accordance with
the provisions set forth in this Section..

17.     NON-ASSIGNMENT. Neither the Buyer nor the Seller may transfer or assign
all or any of its respective rights, duties or obligations under this Agreement
without the prior written consent of the other Party.

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18.     SEVERABILITY. In the event any one or more provisions or portions of
this Agreement should be determined to be invalid, illegal or unenforceable in
any respect, the validity, legality and enforceability of the remaining
provisions shall not in any way be affected or impaired thereby.

19.     TITLES AND HEADINGS. Title and headings to Sections in this Agreement
are for convenience only and shall in no way limit, define or otherwise affect
this Agreement.

20.     COUNTERPARTS; FACSIMILE. This Agreement may be executed by facsimile
and/or in two counterparts, each of which facsimile and counterpart shall be
deemed an original, but all of which counterparts together shall constitute one
and the same instrument.

21.     RIGHTS AND REMEDIES ARE CUMULATIVE. The rights and remedies provided in
this Agreement are (i) cumulative, and the use of any one right or remedy by any
Party shall not preclude or waive its right to use any or all other remedies;
and (ii) given in addition to any other rights which either Party may have by
law, statute, ordinance, or otherwise.

22.     BINDING ON SUCCESSORS. The provisions of this Agreement shall be binding
upon and inure to the benefit of the Parties' successors and permitted assigns.

23.     ATTORNEYS' FEES. In the event of any dispute regarding the obligations
or the respective rights and interests of the Parties, the prevailing party
shall recover, upon demand, from the other party, all reasonable fees, costs and
expenses (including, without limitation, such fees, costs and expenses of
litigation and appeals) incurred by such prevailing Party in enforcing any
provision of this Agreement, whether or not litigation has commenced and without
regard to any schedule or the determination by a court as to the fees, costs and
expenses of such enforcement.

24.     ENTIRE AGREEMENT. This Agreement contains the entire agreement of the
Parties and may be modified or amended only by a written instrument executed by
both Parties.

25.     AUTHORIZATION; NO CONFLICT. Each Party hereby represents, warrants and
covenants to the other Party, as follows (i) the person executing this Agreement
on behalf of such Party is authorized to do so; and (ii) the execution and
delivery of this Agreement and the performance by the Parties of their
respective obligations under this Agreement (A) are within the corporate powers
of the respective Parties, (B) have been authorized by all necessary corporate
action, (C) have received all necessary approvals and/or consents (if any shall
be required), and (D) do not and will not contravene or conflict with any
provision of the law or of the charter or By-Laws of the Parties or any
agreement binding upon either of them.

               IN WITNESS WHEREOF, the Parties have executed this Agreement as
of the Effective Date.

                         [signatures on following page]

                                       6
<PAGE>

                                                                   EXHIBIT 10.54
                                                                          Page 7

ATTEST:                                ELECTROPURE, INC.

 FLOYD PANNING, PRESIDENT              By:   /S/ FLOYD PANNING
-----------------------------              -----------------------------------
Name/Title:                                Floyd Panning, President

ATTEST:                                RESINTECH, INC.

 JEFFREY H. GOTTLIEB                   BY:   /S/JEFFREY H. GOTTLIEB  11/3/00
-----------------------------              -----------------------------------
Name/Title:                                Jeffrey H. Gottlieb, Vice President

                                       7
<PAGE>

                                                                   EXHIBIT 10.54
                                                                          Page 8

                         GENERAL ASSIGNMENT, CONVEYANCE
                                AND BILL OF SALE

        ELECTROPURE, INC, a California corporation (the "Grantor"), having its
principal place of business at 23456 South Pointe Drive, Laguna Hills,
California 92653, for the sum of Two Hundred Fifteen Thousand Dollars ($215,000)
and other good and valuable consideration received to its full satisfaction from
RESINTECH, INC., a New Jersey corporation (the "Grantee"), having its principal
place of business at 1980 Old Cuthbert Road, Cherry Hill, New Jersey 08034-1409,
pursuant to that certain Asset Purchase Agreement, dated November ___, 2000,
by and between the Grantor and the Grantee (the "Asset Purchase Agreement"),
does hereby convey, grant, sell, transfer, assign and deliver over to the
Grantee, its successors and assigns, all right, title and interest of the
Grantor in and to all of the assets (collectively, the "Assets") described in
Schedule 1 attached to, incorporated into and made a part of this General
Assignment, Conveyance and Bill of Sale (this "Bill of Sale").

               TO HAVE AND TO HOLD the same, unto the Grantee, its successors
and assigns forever.

               This Bill of Sale is being delivered subject and pursuant to the
terms of the Asset Purchase Agreement and the rights and obligations of the
Grantor and the Grantee set forth in the representations, warranties, covenants,
indemnities, agreements and other terms and provisions of the Asset Purchase
Agreement shall be neither limited, altered or impaired, nor enhanced or
enlarged, by this Bill of Sale.

               The Grantor represents and warrants that all of the Assets are
being conveyed to the Grantee free and clear of all liens, mortgages,
hypothecations and encumbrances of any kind whatsoever.

                                       8
<PAGE>

                                                                   EXHIBIT 10.54
                                                                          Page 9

               IN WITNESS WHEREOF, the Grantor has executed this Bill of Sale on
this 2nd day of November, 2000.

ATTEST:                                   ELECTROPURE, INC.,
                                            Grantor

                                          By:  /S/ FLOYD PANNING
------------------------------                ---------------------------------
                                              Floyd H. Panning, President

AGREED TO AND ACCEPTED BY:

RESINTECH, INC.
Grantee

JEFFREY H. GOTTLIEB  11/3/00
-----------------------------------
Jeffrey H. Gottlieb, Vice President

                                       9
<PAGE>

                                                                   EXHIBIT 10.54
                                                                         Page 10

STATE OF CALIFORNIA   :
                      :  SS.:
COUNTY OF ORANGE      :

        BE IT REMEMBERED, that on this 2nd day of November, 2000, before me, the
subscriber, a Notary Public of the State of California, personally appeared
Floyd H. Panning, being by me duly sworn upon his oath according to law, did
depose and say that he is the President of the Grantor named in the within
instrument, that he executed the within instrument for and on behalf of the
Grantor, and that he did duly acknowledge to me that he signed, sealed and
delivered the same as the voluntary act and deed of the Grantor.

                                        /S/ ARMIN ANVARIPOUR
                                        ---------------------------------
                                        Notary Public
                                        STAMP/SEAL

                                       10
<PAGE>

                                                                   EXHIBIT 10.54
                                                                         Page 11

                                   SCHEDULE 1

                                     Assets

               All of the following assets of the Grantor that relate solely to
the Grantor's former Hydro Components division constitute the Assets conveyed by
the Grantor to the Grantee by this Bill of Sale:

1.      All raw materials;

2.      All marketing materials;

3.      A complete list of all customers, material vendors and prospective
        customers in writing and on computer diskette, if available;

4.      A complete and accurate list of all accounts receivable; provided that
        the accounts receivables, themselves, shall remain the sole and separate
        property of Seller and shall not constitute part of the Assets;

5.      Bill of Materials and Manufacturing Instructions as currently
        maintained;

6.      To the greatest extent permitted by law, all of the Seller's right,
        title and interest in and to the name "Hydro Components" and the name
        "HC." The Seller represents and warrants to the Buyer that the Seller
        has not secured a registered trademark or trade name for either of the
        foregoing

                                       11

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