Document:

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                                                                   EXHIBIT 10.14

                    SETTLEMENT AGREEMENT AND GENERAL RELEASE
                    ----------------------------------------

         THIS SETTLEMENT AGREEMENT AND RELEASE (hereinafter referred to as "the
Agreement") is made and entered into as of June 24, 1999 by and among
OrbitTravel.com Corporation ("Orbit") f/k/a DIVOT GOLF CORPORTION, ("Divot")
f/k/a Brassie Golf Corporation, a Delaware corporation, and JOSEPH R. CELLURA
("Cellura") an individual resident of the State of Florida and an Officer of
Divot Golf Corporation, all of whom collectively shall hereinafter be referred
to as the "Cellura."

                                R E C I T A L S:
                                ----------------

A.       WHEREAS, Cellura was an Officer and majority shareholder of Divot
         Development, Divot Partners Ltd., and Divot Corporation;

B.       WHEREAS, Divot Development, Divot Partners Ltd., and Divot Corporation
         were acquired by Brassie Golf Corporation in or about October 1996,
         pursuant to an acquisition Agreement with the Board of Directors of
         Brassie Golf Corporation for consideration of Five Hundred Thousand
         Dollars ($500,000.00) plus the issuance of Five Million (5,000,000)
         shares of common stock and Five Million (5,000,000) options of Brassie
         Golf Corporation's treasury stock to Cellura, with an additional
         Fifteen Million shares (15,000,000) to be issued and distributed among
         the remaining shareholders of Divot Development, Divot Partners Ltd.,
         and Divot Corporation;

C.       WHEREAS for additional consideration, Cellura became employed by Divot
         as Divot's Chairman and Chief Executive Officer, pursuant to that
         certain Employment Agreement dated September 3, 1997 (the "Employment
         Agreement"), a copy of which is attached hereto as Exhibit "A" and by
         this reference incorporated herein;

D.       WHEREAS, Cellura and Divot also entered into various other agreements,
         including, but not limited to, that certain Indemnity Agreement dated
         August 1, 1997 (the "Indemnity Agreement"), which required Divot to
         hold harmless and indemnify Cellura from and against any and all claims
         brought against Cellura that result from Cellura's position as an
         officer and director of Divot f/k/a Brassie Golf Corporation. A copy of
         the Indemnity Agreement is attached hereto as Exhibit "B" and by this
         reference incorporated herein;

E.       WHEREAS, the Board failed and refused to approve and undertake the
         Share Issuance, which failure resulted in various legal actions filed
         against Cellura in the Federal District Court for the Middle District
         of Florida and the Southern District of New York (the "Civil Actions").
         The Civil Actions were filed as a direct result of the failure of the
         Board to undertake the Share issuance.

F.       WHEREAS, the Board also failed and refused to indemnify Cellura against
         the Civil Actions as required by the Indemnity Agreement, which failure
         resulted in a
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         substantial monetary loss by Cellura in the defense of the Civil
         Actions. In addition, Cellura suffered real and substantial damage to
         his personal character as a result of the filing of the Civil Actions,
         and has thus contemplated the filing of various tort actions against
         Divot, including (but not limited) an action sounding in defamation.

G.       WHEREAS, Divot has agreed to issue to Cellura, and Cellura has agreed
         to accept, 27,333,333 shares of Divot common stock in settlement of
         each of his claims specifically for his claims sounding in defamation,
         together with Two Hundred Fifty Thousand Dollars ($250,000.00) in cash.
         This agreement provides for full and complete satisfaction of all
         debts, obligations, and existing and potential claims and causes of
         action Cellura may have against Divot as a result of the Civil Actions
         and any breach by the Board of the Employment Agreement, the Indemnity
         Agreement, and any other agreement between Cellura and Divot;

         NOW, THEREFORE, for good and valuable consideration, the receipt of
which is hereby acknowledged, and in consideration of the mutual covenants and
agreements contained herein, the Parties hereby agree as follows:

                              A G R E E M E N T S:
                              --------------------

1.       COVENANTS OF DIVOT: In full and complete satisfaction of any and all
         existing and potential debts, obligations, claims, and causes of
         action, including, but not limited to, those arising under any breach
         on the part of the Board under the Employment Agreement, the Indemnity
         Agreement, and any other agreement between Cellura and Divot, Divot
         does hereby agree to the following:

         (A)  CASH PAYMENT: Within ninety (90) days following the execution of
              this Agreement, Divot shall pay to Cellura the sum of $250,000.00
              (the "Cash Payment").

         (B)  ISSUANCE OF SHARES TO CELLURA: Immediately upon the execution
              hereof, Divot shall issue to Cellura 27,333,333 fully paid and
              non-assessable shares (the "Shares") of its Common Stock, .001 par
              value, which shares shall be dated as of June 30,1998 evidenced by
              a Divot standard stock certificate issued in the name of Cellura.
              As to all the Shares, Cellura shall be granted all the rights and
              privileges afforded to other stockholders of Divot. Additionally
              Cellura's shares shall be granted demand registration rights and
              piggy back registration rights.

         (C)  ISSUANCE OF SHARES TO THE J.R.CELLURA TRUST: Immediately upon the
              execution hereof, Divot shall issue to Cellura the Twenty Seven
              Million Three Hundred and Thirty Three Thousand shares
              (27,333,333) said shares shall be fully paid and non-assessable
              shares (also, the "Shares") of its Common Stock, .001 par value,
              which shares shall be evidenced by a Divot standard stock
              certificate issued in the name of the Joseph R. Cellura As to

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              all the Shares shall be granted with all the rights and privileges
              afforded to other stockholders of Divot. Additionally the shares
              shall issued will provide for demand registration rights and piggy
              back registration rights.

         (D)  DEFAULT PROVISION In the event the company defaults on said
              payable and Cellura and the company are unable to arrive at a
              mutually agreed upon extension Cellura may elect a conversion to
              preferred stock at a basis of seventy five percent (75%) of market
              based on a ten day trailing average.

         (E)  NO DILUTION OR IMPAIRMENT: orbittravel.com Corporation f/k/a Divot
              Golf Corporation hereby agrees that it shall not, by amendment of
              its Certificate of Incorporation or through any reorganization,
              transfer of capital stock or assets, consolidation, merger,
              dissolution, issue or sale of securities or any other voluntary
              action, avoid or seek to avoid the observance or performance of
              any of the terms of this Agreement, but will at all times in good
              faith assist in the carrying out of all such terms and in the
              taking of all such action as may be necessary or appropriate in
              order to protect the rights of Cellura against dilution or other
              impairment of the Shares issued hereunder.

         (F)  ANTI-DILUTION PROVISION The effects of anti-dilution pursuant to
              the terms and conditions as contained herein provide that the
              company shall be entitled to issue additional shares of its
              capital stock in connection with mergers and acquisitions and
              financing in the ordinary course of business; provided, however,
              that in case the Company shall, at any time after the date hereof,
              reorganize, recapitalize, issue or sell any shares of Common Stock
              or issue warrants, options or other securities convertible into,
              or exercisable or exchangeable for, shares of Common Stock
              ("Convertible Securities") for a consideration, or in the case of
              the issuance of Convertible Securities, an exercise price or
              conversion price per share less than the Fair Market Value or the
              Exercise Price in effect immediately prior to the issuance or sale
              of such securities, then forthwith upon such issuance or sale, the
              Exercise Price shall be reduced to the price determined by
              dividing (I) an amount equal to the sum of (a) the number of
              shares of Common Stock outstanding (after giving effect to the
              conversion or exercise of all Convertible Securities) immediately
              prior to such issuance or sale multiplied by the then existing
              Exercise Price and (b) the aggregate amount of the consideration,
              if any, received by the Company upon such issuance or sale by (ii)
              the total number of shares of Common Stock outstanding (after
              giving effect to the conversion or exercise of all Convertible
              Securities) immediately after such issuance or sale. In no event
              shall the Exercise Price be adjusted pursuant to this computation.
              In the event of a stock split, stock divided, or other
              recapitalization pursuant to which the number of outstanding
              shares of capital stock of the Company shall increase,
              the number of shares covered by any unexercised portion of this
              Option and the related Exercise Price per share shall be adjusted
              proportionately. In the event of a combination or other
              recapitalization pursuant to which the number of outstanding
              shares of capital stock of the Company shall be reduced, the

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              number of shares covered by any unexercised portion of this Option
              and the related Exercise Price per share shall not be subject to
              adjustment and shall remain as in effect prior to such combination
              or recapitalization.

         (G)  RIGHT OF LIEN Executive shall be issued a UCC 1 which shall be
              recorded by the company in the amount of Two Hundred Fifty
              Thousand Dollars ($250,000.00) (collectively, the "Payment") for
              the purpose of security in the event of default under the
              provisions of this agreement. Upon payment in full of all shares
              and money Cellura shall release said lien.

         (H)  EXCEPT AS PROVIDED IN ARTICLE XI, this Agreement shall there upon
              be of no further force or effect. Any amounts due from Company
              pursuant above and not paid to Cellura as and when due shall
              accrue interest at the prime rate of interest as established from
              time to time by Chase Manhattan Bank of New York.

         (I)  RELEASE: Upon execution of this Agreement, Divot, including its
              successors, officers, administrators, attorneys, agents, and
              assigns, and anyone else acting by or through Divot, hereby
              releases and forever discharges Cellura, and all his heirs,
              beneficiaries, settlors, trustees, and personal representatives,
              and anyone else claiming under or through Cellura, from and
              against any and all claims, charges, complaints, demands, actions
              or causes of action of any kind in any federal, state, or other
              court, arbitral forum, or federal, state, or other administrative
              agency, whether known or not now known, which Divot may have
              against Cellura in connection with or arising from the Civil
              Actions, the Employment Agreement, the Indemnity Agreement, and
              any other agreement between Divot and Cellura.

         (J)  FUTURE DAMAGES: Inasmuch as the injuries, damages, and losses
              resulting from the matters described herein may not be fully known
              and may be more numerous or more serious than it is now understood
              or expected, Divot agrees, as a further consideration of this
              Agreement, that this Release applies to any and all injuries,
              damages, and losses resulting from the Civil Actions, the
              Employment Agreement, the Indemnity Agreement, and any other
              agreement between Divot and Cellura, even though now
              unanticipated, unexpected, and unknown.

         (K)  REPRESENTATIONS: Divot represents that no additional claims are
              contemplated against any other party potentially liable for the
              losses, damages, and injuries for which this Release is given. In
              the event any additional claim is made which directly or
              indirectly results in additional liability exposure to Cellura for
              the losses, injuries, and damages for which this Release is given,
              Divot covenants and agrees to indemnify and save Cellura harmless
              from all such claims and demands, including reasonable attorney's
              fees and all other expenses necessarily incurred.

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2.       COVENANTS OF CELLURA: By execution hereof, Cellura does hereby agree to
         accept the Cash Payment, the Shares, as set forth above in full and
         complete satisfaction of all potential claims against Divot which
         Cellura may have that arise from the Civil Actions, and any breach by
         Divot of the Employment Agreement, the Indemnity Agreement, or any
         other agreement between Divot and Cellura. Cellura further agrees to
         the following:

         (A)  RELEASE: Upon execution of this Agreement, Cellura, and all his
              heirs, beneficiaries, settlors, trustees, and personal
              representatives, and anyone else claiming under or through Cellura
              does hereby release and forever discharge Divot, including its
              successors, officers, administrators, attorneys, agents, and
              assigns, and anyone else acting by or through Divot, from and
              against any and all claims, charges, complaints, demands, actions
              or causes of action of any kind in any federal, state, or other
              court, arbitral forum, or federal, state, or other administrative
              agency, whether known or not now known, which Cellura may have
              against Divot in connection with or arising from the Civil
              Actions, the Employment Agreement, the Indemnity Agreement, and
              any other agreement between Divot and Cellura.

         (B)  FUTURE DAMAGES: Inasmuch as the injuries, damages, and losses
              resulting from the matters described herein may not be fully known
              and may be more numerous or more serious than it is now understood
              or expected, Cellura agrees, as a further consideration of this
              Agreement, that this Release applies to any and all injuries,
              damages, and losses resulting from the Civil Actions, the
              Employment Agreement, the Indemnity Agreement, and any other
              agreement between Divot and Cellura, even though now
              unanticipated, unexpected, and unknown.

         (C)  REPRESENTATIONS: Cellura represents that no additional claims are
              contemplated against any other party potentially liable for the
              losses, damages, and injuries for which this Release is given. In
              the event any additional claim is made which directly or
              indirectly results in additional liability exposure to Divot for
              the losses, injuries, and damages for which this Release is given,
              Cellura does covenant and agree to indemnify and save Divot
              harmless from all such claims and demands, including reasonable
              attorney's fees and all other expenses necessarily incurred.

3.       COVENANTS COMMON TO BOTH PARTIES:

         (A)  NO ADMISSION OF LIABILITY: The parties agree that nothing
              contained in this Agreement shall constitute or be treated as an
              admission of liability or wrongdoing by any party or its heirs,
              executors, administrators, attorneys, successors, agents, or
              assigns.

         (B)  CONFIDENTIALITY: Neither the parties to this Agreement nor their
              attorneys shall disclose or publicize, either to the media, the
              courts, or any other third

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              party, informally or in any way, the terms of the settlement set
              forth herein, unless required by this Agreement or otherwise by
              law.

         (C)  DISCLAIMER: Each party has: (i) carefully read this Settlement
              Agreement and Release, together with the exhibits attached hereto;
              (ii) has discussed its legal effects with their respective
              attorneys; (iii) fully understands the contents hereof; and (iv)
              executes the same of their own free will and accord without
              duress, coercion, or undue influence. Each party agrees that this
              Agreement shall be binding upon their respective successors,
              heirs, personal representatives, and assigns.

4.       ENTIRE AGREEMENT: This Agreement contains the entire agreement among
         the parties relating to the subject matter of this Agreement,
         supersedes any and all oral or written understandings or agreements
         relating to its subject matter, and may not be altered or amended
         except by an instrument in writing signed by the party or parties to be
         charged.

5.       BINDING AGREEMENT: This Agreement shall be binding upon and inure to
         the benefit of each of the parties hereto and their respective heirs,
         executors, administrators, successors, and assigns. It shall be
         construed and enforced in accordance with the laws of the State of New
         York and the State of Florida and Delaware.

6.       NOTICES: Any notices required by this Agreement shall be sent to the
         Party's address as follows:

         IF TO DIVOT:
         One Union Square South, Suite 10-J
         New York, NY 10003

         IF TO CELLURA:
         One Union Square South, Suite 10-J
         New York, NY 10003

7.       COUNTERPARTS: This Agreement may be executed in one or more
         counterparts, each of which shall be deemed to be an original, but all
         of which together shall constitute one and the same instrument.

8.       TITLES AND CAPTIONS: All article and section titles or captions in this
         Agreement are for convenience only. They shall not be deemed a part of
         this Agreement, and in no way define, limit, extend, or describe the
         scope or intent of any of its provisions. The recital clauses set forth
         in this Agreement are hereby incorporated into and are made a part of
         this Agreement

9.       AMENDMENTS: No supplement, modification, or amendment of any term,
         provision, or condition of this Agreement shall be binding or
         enforceable unless

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         executed in writing by the party against whom enforcement is sought as
         to such supplementary or modified or amended term or condition.

10.      ENTIRE AGREEMENT AND WAIVER: This Agreement constitutes the entire
         agreement between the parties hereto, and supersedes all prior and
         contemporaneous agreements, arrangements, negotiations, and
         understandings between the parties hereto relating to the subject
         matter hereof. There are no other understandings, statements, promises
         or inducements, oral or otherwise, contrary to the terms of this
         Agreement. No representations, warranties, covenants, or conditions,
         express or implied, whether by statute or otherwise, other than as set
         forth herein have been made by any party hereto. No waiver of any term,
         provision, or condition of this Agreement, whether by conduct or
         otherwise, in any one or more instances, shall be deemed to be, or
         shall constitute, a waiver of any other provision hereof, whether or
         not similar, nor shall any such waiver constitute a continuing waiver,
         and no waiver shall be binding unless executed by the party making such
         waiver.

11.      FURTHER DOCUMENTS: Each party hereto further agrees to execute such
         documents and take such other steps as may be necessary to accomplish
         the purposes herein.

IN WITNESS WHEREOF, the parties have executed this Agreement to be effective as
of the date first set forth above.

DIVOT GOLF CORPORATION

By:       /s/ Joseph R. Cellura                         /s/ Joseph R. Cellura
         ---------------------------                    ------------------------
         JOSEPH R. CELLURA                              JOSEPH R. CELLURA

Title:   Chairman & CEO
         ---------------------------

                                       7<PAGE>

                                                                   EXHIBIT 10.15

                              SEPARATION AGREEMENT

         This Separation Agreement (the "Agreement") is entered into by Divot
Golf Corporation, a Delaware corporation formerly known as Brassie Golf
Corporation ("DGC,", "Employer," or the "Company"), and KENNETH CRAIG, an
individual ("CRAIG" or "Employee").

BACKGROUND

         A. CRAIG has been employed as DGC's Chief Executive Officer and has
been Chairman of the Company's board of directors, pursuant to an Employment
Agreement between DGC and CRAIG dated March 1, 1999, (the "Employment
Agreement").

         B. CRAIG and DGC have mutually agreed to the termination of Employee's
positions with the Company, on the terms and conditions set forth below.

         THEREFORE, in consideration of the promises, covenants, and conditions
set forth in this Agreement, and for other good and valuable considerations, the
receipt and sufficiency of which are acknowledged, the Company and CRAIG,
intending to be legally bound, agree as follows:

                              TERMS AND CONDITIONS

         1. BACKGROUND. The Background set forth above is true and may be
utilized in interpreting this Agreement, if necessary.

         2. TERMINATIONS OF POSITIONS. The parties agree that subject to the
terms and conditions of this Agreement:

                  a. CRAIG voluntary resignation as Chief Executive Office of
                  the Company shall be deemed accepted by DGC and effective as
                  of the close of business on September 1, 1999 (the
                  "Termination Date");

                  b. CRAIG voluntary resignation as Chairman and a member of the
                  board of directors of the Company shall be deemed accepted by
                  DGC and effective as of the close of business on the
                  Termination Date; and, therefore

                  c. All positions held by CRAIG as an employee, officer, and/or
                  director of DGC, as well as all duties, responsibilities,
                  covenants, and/or obligations of CRAIG resulting from and/or
                  relating thereto--including, without limitation, those set
                  forth in or arising out of the Employment Agreement--shall be
                  deemed to have ceased, and are hereby terminated, effective as
                  of the close of business on the Termination Date.

         3.       FINANCIAL CONSIDERATIONS.
                  ------------------------

                  a. TERMS. The parties agree to the severance payments to
                  CRAIG, reimbursements of expenses, and other financial terms
                  and conditions set forth on the attached Exhibit "A" to the
                  fully vested in CRAIG. The consideration provided to CRAIG by
                  the Company as described in Exhibit "A" shall be in lieu, and
                  in full satisfaction, of any other profit sharing, pension,
                  vacation pay, expense reimbursements, or severance pay
<PAGE>

                  which otherwise may have been due to Employee. (Annexed hereto
                  and made a part hereof as Exhibit "A" is a letter dated
                  September 1, 1999, wherein CRAIG agrees to accept Seventy-Five
                  Thousand Dollars $75,000 such as evidenced by the attached
                  Promissory Note due June 30, 2000, and 3,500,000 shares of
                  common stock to be issued immediately.)

                  b. INDEMNITY. Notwithstanding this or any other provisions of
                  this Agreement, the Indemnity Agreement DGC and CRAIG dated
                  March 1, 1999, shall remain in full force and effect in
                  accordance with its terms. Similarly, the consideration
                  provided to DGC by CRAIG which is described in Exhibit "A"
                  shall be in lieu, and in full satisfaction, of any other
                  reimbursement, repayment, or other obligation which otherwise
                  my have been due from CRAIG to the Company.

                  c. CONDITION PRECEDENT. This Agreement, including, without
                  limitation, the provisions of paragraphs 4 and 5, below, is
                  expressly contingent upon CRAIG's timely receipt from DGC of
                  the monies, in collected funds, and other consideration
                  described in Exhibit "A".

         4. RELEASE BY EMPLOYEE. CRAIG, on behalf of himself and his heirs,
executors, attorneys, administrators and assigns, hereby completely, fully,
finally, and forever releases and discharges DGC, as well as DGC's officers,
directors and employees as of the date of execution of this Agreement,
collectively and individually (the "DGC Releasees") from any and all past,
present, or future claims, demands, complaints, actions, causes of action,
suits, judgments, executions, attachments, levies, garnishments, debts,
liabilities, profits, bonuses, reimbursements, obligations, costs, expenses,
sums of money, stock options, shares of stock, severance, profit sharing,
bonuses, salary, wages, accounts, reckonings, bonds, bills, covenants,
contracts, controversies, agreements, promises, trespasses, damages, and/or
compensation, of any nature whatsoever, at law or in equity, whether based on
contract, statute, tort, or strict liability, and whether for compensatory,
special, punitive, statutory, or any other damages or remedies ("Claims"), which
CRAIG now has or may have against the DGC Releasees, collectively or
individually, arising out of or related to any act, omission, matter, or thing
whatsoever, including without limitation, those arising out of or related to
Employee's employment by and/or serve to the Company as a director officer,
employee, or otherwise, and/or Employee's termination of employment with the
Company, and Employee waives all rights with respect thereto. However, nothing
in this provision shall release or otherwise affect any of DGC's duties or
obligations under i) this Agreement, or ii) the Indemnity Agreement between DGC
and CRAIG dated March 1, 1999, which shall remain in full force and effect in
accordance with its terms notwithstanding any term or conditions of this
Agreement, or iii) the consulting arrangement described herein or any future
agreements entered into between CRAIG and DGC.

         5. RELEASE BY DGC. DGC, on behalf of itself and its officers,
directors, employees, agents, representatives and assigns hereby completely,
fully, finally, and forever releases and discharges CRAIG, as well as his heirs,
executors, attorneys, administrators and assigns, collectively and individually
(the " CRAIG Releasees") from any and all past, present, or future claims,
demands, complaints, actions, causes of action, suits, judgments, executions,
attachments, levies, garnishments, debts, liabilities, profits, bonuses,
reimbursements, obligations, costs, expenses, sums of money, stock options,
shares of stock, severance, profit sharing, bonuses, salary, wages, accounts,
reckonings, bonds, bills, covenants, contracts, controversies, agreements,
promises, trespasses, damages, and/or compensation, of any nature whatsoever, at
law or in equity, whether based on contract, statute, tort, or

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strict liability, and whether for compensatory, special, punitive, statutory, or
any other damages or remedies ("Claims"), which DGC now has or may have against
the CRAIG Releasees, collectively or individually, arising out of or related to
any act, omission, matter, or thing, whatsoever, including, without limitation,
those arising out of or related to Employee's employment by and/or service to
the Company as a director, officer, employee, or otherwise. This release also
includes DGC's agreement and obligation to expunge, revoke, or otherwise correct
any and all Form 1099s issued to CRAIG for tax years 1998 and 1999, and to
properly amend, modify, or otherwise correct all prior financial statements,
journal entries, or account statements of any kind to reflect that sums owed by
CRAIG to DGC do not exceed the amounts reflected in Exhibit "A". However,
nothing in this provision shall release or otherwise affect any of CRAIG's
duties or obligations under i) this Agreement, or ii) the Indemnity Agreement
between DGC and CRAIG dated March 1, 1999, which shall remain in full force and
effect in accordance with its terms notwithstanding any term or condition of
this Agreement, or iii) the consulting agreement described herein or any future
agreements entered into between CRAIG and DGC.

         6.       TAXES.
                  -----

                  a.       TAX RESPONSIBILITY.

                  Each party shall be solely responsible for the payment of all
taxes which may be levied or imposed on, or due from that party arising out of
or resulting from the business transactions set forth in this Agreement.

                  b.       INCONSISTENT POSITION.

                  No party shall take a position in an income tax return or
other document or communication submitted to a governmental agency which is
inconsistent with the provisions of this Agreement.

         7. COOPERATION. The parties agree to cooperate with one another in the
defense of any claim that may be brought against another party of which the
cooperating party has knowledge, regardless of whether the party was involved in
the act, conduct, or event pursuant to which such claim arises. Further, the
parties agree to cooperate with one another as may be reasonably necessary for
any legitimate business purpose. After the execution of this Agreement, each
party agrees to execute and acknowledge, if required, any and all other
documents and writings that are reasonably necessary to effectuate and perfect
all the terms and conditions set forth in or imposed by this Agreement and all
Exhibits.

         8. NO ADMISSIONS. Nothing in this Agreement shall operate as or be
construed as an indication, inference, presumption, admission, or as evidence
relative to any fact, issue of law, issue of liability, or any other matter on
the part of any party. Each party expressly denies any and all liability to any
other party and relative to any matters or issues addressed in, arising out of,
or related to this Agreement.

         9. NONDISAGREEMENT. The parties--for themselves and all affiliated and
related companies and other persons, as well as their officers, directors,
employees, attorneys, representatives, agents, and assigns--agree that they will
not in any way disparage, damage, and/or otherwise impair the other party's
reputation, business dealings, and/or relationships with any former, current, or
prospective customers, employees, agents, business associates, investors,
lenders, and/or any other persons. This

                                      -3-
<PAGE>

provision shall be broadly interpreted to include all verbal, written, or other
communication of any type or manner, as well as other acts or conduct.

         10. CONFIDENTIALITY. This Agreement shall remain confidential and,
except as otherwise required by law, neither the Company nor Employee shall
disclose the terms or conditions of this Agreement to any person or entity
without the prior written consent of the other. However, this provision shall
not preclude the Company from making disclosures to the Securities and Exchange
Commission where required by law or from making disclosures as may be necessary
to comply, or demonstrate compliance, with any law, including, without
limitation, any tax or employment-related law. Nor shall this provision preclude
either party from disclosing this Agreement for any proper purposes to their
accountant or tax advisor. Similarly, nothing herein, shall preclude either
party from complying with any lawful subpoenas or court order which require
disclosure of the terms or conditions of this Agreement. If Employee becomes
aware of any disclosure or threatened disclosure of the contents of this
Agreement, the Employee shall notify the president of the Company by telephone
and facsimile within 24 hours of his becoming aware of the disclosure or
threatened disclosure. Further, either party shall give the other party
sufficient notice of any threatened judicially ordered disclosure (including a
subpoena), so that the other party may take whatever actions it deems
appropriate to protect the confidentiality of the Agreement, including, without
limitation, the entry of a protective order.

         11. SPECIFIC PERFORMANCE. The parties acknowledge that the performance
of their respective obligations under the Agreement is essential to the
consummation of the transactions contemplated by the Agreement. Each of them
further acknowledge that no party will have an adequate remedy at law if any
other party fails to perform its or their obligations under the Agreement. In
such event, each party shall have the right to compel specific performance of
this Agreement. Further, notwithstanding any other provision of this Agreement,
the parties do not waive their right to, and shall be entitled to, any other
remedy at law or equity for a violation of this Agreement including damages.

         12. AVOIDANCE OF PAYMENT. If, as a result of the filing of a bankruptcy
petition or other legal proceeding, or any order or ruling therein, or any
statute, regulation, rule, or other law or requirement, or for any other reason,
this Agreement or any of the Company's obligations to Employee hereunder become
unenforceable, or any money or property delivered by Company as consideration
for Employee's obligations hereunder is subsequently avoided in a legal
proceeding or for any other reason cannot be retained lawfully by Employee, then
the release set forth in paragraph 4 of this Agreement shall be void and the
Employee may commence and/or maintain any legal or other action that he may have
had against Employer or otherwise, prior to the effective date of this
Agreement, as well pursue a claim for breach of this Agreement. In the event the
consideration under this Agreement is avoided in a bankruptcy proceeding, the
Company agrees the Employee shall have a post-petition administrative claim to
the extent of any consideration avoided, provided, the payment, in full, of such
an administrative claim will operate to restore the release set forth in
paragraph 4, above. Any statute of limitations period and/or any other time
limitation relating to Employee's right to bring, maintain, or recover on, any
claim subject to the release set forth in paragraph 4 above is hereby tolled
until 5:00 p.m. on the tenth business day after one calendar year from the date
on which any and all charges, claims, or appeals which may affect the
consideration due Employee under this Agreement are legally and finally
determined and resolved in a manner which is binding on the parties and all
others with standing with respect thereto.

         13. TIME OF ESSENCE. All times and dates in this Agreement shall be of
the essence.

                                      -4-
<PAGE>

         14. NOTICES. Any notice or other communication required or permitted to
be given under this Agreement shall be sufficient if in writing, and if hand
delivered, sent by Federal Express or comparable overnight courier, or sent by
registered or certified mail, return receipt requested, to the address of each
party shown below, or to such other address as a party may designate in writing
in accordance with the provisions of this paragraph.

         15. ENTIRE AGREEMENT. This Agreement and its exhibits represents the
entire agreement of the parties with respect to the matters set forth herein.
Correspondence, memoranda, notes, discussions, representations, or agreements,
whether written or oral, originating before the date of this Agreement are
replaced in total by this Agreement, except as provided in the succeeding
sentence. Notwithstanding the execution of this Agreement or any terms,
conditions, or other provisions hereof, the Indemnity Agreement between DGC and
CRAIG dated March 1, 1999, shall remain in full force and effect in accordance
with its terms.

         16. AMENDMENT. This Agreement may be amended only by a writing signed
by all parties.

         17. SEVERABILITY. If any part of this Agreement is determined to be
illegal or unenforceable, all other parts shall be given effect separately and
shall not be affected.

         18. NONWAIVER. No assent or waiver, express or implied, of any breach
of any one or more of the covenants, conditions or provisions of this Agreement
shall be deemed a waiver of any subsequent breach, or a waiver of any other
covenant, condition or provision of this Agreement.

         19. EXHIBITS. Each Exhibit to this document is an integral part of, and
is incorporated into this Agreement by this reference.

         20. INTERPRETATION. Whenever the context of this Agreement so requires,
the masculine, feminine, and/or neuter gender, and the singular or plural
number, shall each include the others. Additionally, titles and headings of the
various sections of this Agreement are intended solely for convenience of
reference and are not intended to explain, modify or place any interpretation
upon any of the provisions of this Agreement. This Agreement and any related
instruments shall not be construed more strictly against any party regardless of
who was more responsible for its preparation, it being recognized that this
Agreement and any related instruments are the product of extensive negotiations
between the parties and that all parties have contributed substantially and
materially to the final preparation of this Agreement.

         21. ATTORNEYS' FEES. In the event of litigation arising out of or
relating to this Agreement, the prevailing party shall be entitled to recover
from the other party all reasonable costs and expenses of such litigation,
including reasonable attorneys' fees and costs of appeal. The term "attorneys'
fees" shall include, but not be limited to, fees incurred by attorneys,
paralegals, or other staff members operating under the supervision of an
attorney.

         22. GOVERNING LAW, VENUE AND JURISDICTION. This Agreement shall be
construed in accordance with Florida law. The parties agree that personal
jurisdiction over them shall be proper, and conclusive venue for any action
arising out of or related to this Agreement shall be in the Circuit Curt of
Hillsborough County, Florida.

                                      -5-
<PAGE>

         23. COUNTERPARTS. This Agreement may be executed in any number of
counterparts, each of which, when so executed and delivered, shall be an
original, but each counterpart shall together constitute one and the same
instrument. A facsimile copy of this Agreement and any signatures hereon shall
be considered for all purposes as originals.

         24. EXECUTORY AND CONDITION SUBSEQUENT. All provisions which involve
obligations which must or may be performed subsequent to the execution of this
Agreement, are otherwise executory, or involve conditions subsequent, shall
survive the execution of this document, closing of any and all transactions set
forth herein, and thereafter shall continue to bind the parties in accordance
with their terms.

         25. BINDING EFFECT. This Agreement shall be binding upon the parties
and their respective heirs, devisees, legal representatives, personal
representatives, successors, and assigns.

         THE UNDERSIGNED BEING DULY AUTHORIZED TO EXECUTE THIS INSTRUMENT, HAVE
CAREFULLY READ THE FOREGOING AGREEMENT, FULLY UNDERSTAND IT, HAVE RECEIVED THE
ADVICE OF AN ATTORNEY REGARDING THIS MATTER (OR, AFTER BEING ADVISED TO SEEK
COUNSEL, HAVE DECLINED TO DO SO), AND HAVE KNOWINGLY AND VOLUNTARILY ENTERED
INTO THIS AGREEMENT INTENDING TO BE LEGALLY BOUND.

DIVOT GOLD CORPORATION

By:  /s/ Joseph R. Cellura                            /s/ Kenneth W. Craig
     _______________________________                  _______________________
         JOSEPH R. CELLURA                            KENNETH CRAIG

Its:     Chief Execute Office

Date:    2/10/00                                     Date:   September 1, 1999
       _____________________________

                                      -6-
<PAGE>

                                                                       Exhibit A

                                    Ken Craig
                                612 Downs Avenue
                              Tampa, Florida 33617

                                September 1, 1999

Joe Cellura
3203 Oakmont Mason Circle
Tampa, Florida  33629

Subject:  Resignation

Dear Joe Cellura:

This letter represents our Agreement regarding the terms of my resignation from
Divot Golf Corporation ("Divot") as President and as a member of the Board of
Directors.

It is understood and agreed as follows:

         1.       Divot will execute a note in my behalf in the amount of
                  $75,000 due and payable June 30, 2000.

         2.       Divot will deliver to me or my directive 3,500,000 shares of
                  non-restricted common stock.

Sincerely,

/s/ Ken Craig

Ken Craig
<PAGE>

                                 PROMISSORY NOTE

Principal Amount:                                              New York, NY
$75,000.00                                                     February 10, 2000
----------

         FOR VALUE RECEIVED, the undersigned, Divot Golf Corporation
("Borrower"), a Delaware corporation, promises to pay to the order of KENNETH
CRAIG ("Lender"), in lawful money of the United States of America, the principal
sum of Seventy Five Thousand and No/100 Dollars ($75,000.00) (the "Principal
Sum").

         1. REPAYMENT OF PRINCIPAL SUM: The Principal Sum shall be due and
payable in one (1) installment of Seventy Five Thousand and No/100 Dollars
($75,000.00) on or before June 30, 2000 (the "Maturity Date") (unless this Note
is converted by the Lender in accordance with Section 4 below). If the Maturity
Date should fall on a weekend or national holiday, payment shall be due on the
following business day.

         2. INTEREST: Interest shall not accrue on the Principal Sum during the
term hereof. However, should the Borrower fail to repay the Principal Sum in
full on or before the Maturity Date, or otherwise default under the terms of
this Note, interest shall apply on the entire amount of the unpaid Principal Sum
at the rate of twelve percent (12%) per annum. Such interest on the unpaid
Principal Sum shall be calculated as of the date set forth above, and shall
continue to accrue until the Principal Sum and the accumulated interest are paid
in full. Interest on this Note shall be computed on the basis of the actual
number of days elapsed during which the unpaid Principal Sum is outstanding,
divided by a year of three hundred sixty-five (365) days. All payments under
this Note shall be applied first to the payment of accrued and unpaid interest
with the remainder applied to the unpaid Principal Sum in inverse chronological
order.

         3. USE OF PROCEEDS: Borrower hereby agrees that the proceeds obtained
from the Lender as represented by this Note shall be applied towards the
settlement of an employment contract.

         4. CONVERSION: At the option of the Lender, all principal and interest
represented by this Note shall convert into fully paid and non-

<PAGE>

assessable shares of the common stock of the Borrower at the price (the
"Conversion Price") of Twenty Five Cents ($.25) per share. This Note may be
converted in full by the Lender by surrender of this Note with a Subscription
Agreement duly executed by the Lender to the Borrower. Such conversion shall be
deemed to have been effected immediately prior to the close of business on the
date on which this Note shall have been so surrendered to the Borrower; and at
such time the rights of the Lender shall, to the extent of the principal amount
thereof converted, cease, and the person or persons in whose name or names any
certificate or certificates for Common Stock (or other securities) shall be
issuable upon such conversion shall be deemed to have become the holder or
holders of record thereof.

         5. REPRESENTATIONS AND WARRANTIES OF BORROWER: Borrower represents and
warrants that:

         (a)     Borrower is a corporation duly organized and existing under the
                 laws of the state of Delaware. It has the power to own its
                 property and to carry on its business as it is now being
                 conducted;

         (b)     Borrower has full power and authority (corporate and other) to
                 borrow the sums provided for in this Note, to execute and
                 deliver this Note and any other instrument or agreement
                 required under this Note, and to perform and observe the terms
                 and provisions of this Note and of all such other notes,
                 instruments, and agreements;

         (c)     The officers of Borrower executing this Note are duly and
                 properly in office and fully authorized to execute it; and

         (d)     This Note has been duly authorized, executed, and delivered by
                 Borrower, and is a legal, valid, and binding agreement of
                 Borrower, enforceable against it in accordance with its terms,
                 and any other instrument or agreement required under this Note
                 has been so authorized and, when executed and delivered, will
                 be similarly valid, binding, and enforceable.

         6. EVENTS OF DEFAULT: The occurrence of any of the events set out below
(Events of Default) shall, at the option of the Lender, make all interest and
principal remaining on due under this Note immediately due and payable, without
notice of default, presentment or demand for payment,

                                      -2-
<PAGE>

protest or notice of nonpayment or dishonor, or other notices or demands of any
kind, except as specified herein:

         (a)     Borrower shall fail to pay, within ten (10) days after the date
                 when due, any payment of principal in accordance with the terms
                 of this Note;

         (b)     Any representation or warranty by Borrower in this Note or in
                 any agreement, instrument, or certificate executed under this
                 Note shall prove to have been false or misleading in any
                 material respect when made;

         (c)     Borrower shall file any petition or action for relief under any
                 bankruptcy, arrangement, reorganization, insolvency, or
                 moratorium law, or any other law or laws for the relief of or
                 relating to debtors, or shall, with respect to any involuntary
                 petition or action for relief under such law or laws, consent
                 or fail to timely object to the relief requested in such
                 petition;

         (d)     an involuntary petition shall be filed under any bankruptcy
                 statute against Borrower, or a receiver, trustee, custodian, or
                 similar officer of the court shall be appointed to take
                 possession of all or any substantial part of Borrower's
                 properties, unless such petition or appointment is dismissed or
                 withdrawn or ceases to be in effect within sixty (60) days from
                 the date of the filing or appointment.

         7. NOTICES: Any communications between the parties or notices provided
for in this Note may be given by mailing them, first class, postage prepaid,
to     Lender at ____________________________________________________, and to
Borrower at _______________________________________, or to such other address
as either party may indicate to the other in writing after the date of this
Note.

         8. ASSIGNMENT: This Note shall bind and inure to the benefit of the
parties and their respective successors and assigns; provided, however, that
Borrower shall not assign this Note or any of the rights, duties, or obligations
of Borrower under this Note without the prior written consent of Lender.

                                      -13-
<PAGE>

         9. NO WAIVER: No delay or omission to exercise any right, power, or
remedy accruing to Lender on any breach or default of Borrower under this Note
shall impair any such right, power, or remedy of Lender, nor shall it be
construed to be a waiver of any such breach or default, or an acquiescence in
such breach or default, or waiver of or acquiescence in any similar breach or
default occurring later; nor shall any waiver of any single breach or default be
considered a waiver of any other prior or subsequent breach or default. Any
waiver, permit, consent, or approval of any kind by Lender of any breach or
default under this Note, or any waiver by Lender of any provision or condition
of this Note, must be in writing and shall be effective only to the extent
specifically set forth in that writing. All remedies, either under this Note or
by law or otherwise afforded to Lender, shall be cumulative and not alternative.

         10. ATTORNEY'S FEES: In the event of any legal action or suit in
relation to this Note or any note or other instrument or agreement required
under this Note, or in the event that Lender incurs any legal expense in
protecting its rights under this Note or under any security agreement in any
legal proceeding, Borrower, in addition to all other sums which Borrower may be
called on to pay, will pay to Lender the amount of such legal expense and will,
if Lender prevails in such action, pay to Lender a reasonable sum for its
attorney's fees and all other costs and expenses.

         11. GOVERNING LAW: This Note shall be interpreted under the laws of the
United States and the State of New York, without giving effect to the conflict
of law principles thereof. Any dispute arising from this Note or the loan
represented thereby shall be subject to the sole jurisdiction of the courts of
the State of New York.

                                              DIVOT GOLF CORPORATION

                                              a Delaware Corporation

                                              By:  /s/ Joseph R. Cellura
                                                 __________________________
                                              Name: Joseph R. Cellura
                                                   ________________________
                                              Title:  Chairman & CEO
                                                    _______________________

                                      -4-

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