Document:

<PAGE>

                                                                   EXHIBIT 10.16

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

         THIS SETTLEMENT AGREEMENT AND RELEASE (hereinafter referred to as "the
Agreement") is made and entered into as of January 31st, 2000 by and among
DIVOT GOLF CORPORTION, ("Divot") a Delaware corporation, and CLIFFORD F. BAGNALL
("Bagnall") an individual and resident of the State of Florida, both of whom
collectively shall hereinafter be referred to as the "Parties."

                                R E C I T A L S:

A.       WHEREAS, Bagnall was and is employed by Divot pursuant to that certain
         Employment Agreement dated September 2, 1997 (the "Employment
         Agreement");

B.       WHEREAS, Divot desires to terminate Bagnall's employment with Divot,
         and Bagnall has agreed to such termination, and to fully and completely
         release Divot from any and all liability associated with Bagnall's
         employment and the termination thereof, in consideration of the
         covenants of Divot as set forth in this Agreement;

C.       WHEREAS, Divot has agreed to pay to Bagnall, and Bagnall has agreed to
         accept, the sum of One Hundred Thousand Dollars ($100,000.00) in cash,
         and 5,300,000 shares of Divot common stock, in full and complete
         satisfaction of all debts, obligations, and existing and potential
         claims and causes of action Bagnall may have against Divot as a result
         of or arising out of Divot's employment of Bagnall, the termination of
         that employment, the Employment Agreement, and any other agreement
         between Bagnall 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: Divot does hereby agree to the following:

         (a)  CASH PAYMENT: Within ninety (90) days following the execution of
              this Agreement, Divot shall pay to Bagnall the sum of $100,000
              (the "Cash Payment as evidenced by the Promissory Note of this
              date.").

         (b)  ISSUANCE OF SHARES TO BAGNALL: Within thirty (30) days following
              the execution of this Agreement, Divot shall issue to Bagnall
              5,300,000 fully paid and non-assessable shares (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
              Bagnall. As to the Shares, Bagnall shall be granted all the rights
              and privileges afforded to other stockholders of Divot.
<PAGE>

              Additionally, the Shares issued will provide for demand
              registration rights and piggyback registration rights.

              (i)      SHARES TO BE INCLUDED IN REGISTRATION STATEMENT: Divot
                       shall cause the Shares to be listed in the earlier filing
                       of the Form S-8 or Form SB-2 Registration Statement that
                       Divot is preparing to file with the Securities and
                       Exchange Commission concurrently with the execution of
                       this Agreement. Upon the successful filing of the S-8 or
                       Registration Statement, the Shares shall be registered
                       (such that the Shares issued to Bagnall shall become
                       freely tradable to the public).

2.       COVENANTS OF BAGNALL: By execution hereof, Bagnall agrees to accept the
         Cash Payment and the Shares in full and complete satisfaction of any
         and all potential claims against Divot which Bagnall may have that
         arise by virtue of Divot's employment of Bagnall, Divot's actions
         and/or inactions associated with Bagnall's employment, the termination
         of Bagnall's employment, the Employment Agreement, and any other
         agreement between Divot and Bagnall. Bagnall further agrees to the
         following:

         (a)  RELEASE: Upon payment of Cash and delivery of Shares, Bagnall, and
              all his heirs, beneficiaries, settlors, trustees, and personal
              representatives, and anyone else claiming under or through Bagnall
              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 Bagnall may have
              against Divot in connection with or arising from Divot's
              employment of Bagnall, Divot's actions and/or inactions associated
              with Bagnall's employment, the termination of Bagnall's
              employment, the Employment Agreement, and any other agreement
              between Divot and Bagnall.

              (i)  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, Bagnall agrees, as a further
                   consideration of this Agreement, that this Release applies to
                   any and all injuries, damages, and losses resulting from
                   Divot's employment of Bagnall, Divot's actions and/or
                   inactions associated with Bagnall's employment, the
                   termination of Bagnall's employment, the Employment
                   Agreement, and any other agreement between Divot and Bagnall,
                   even though now unanticipated, unexpected, and unknown.

         (b)  REPRESENTATIONS: Bagnall represents that no additional claims are
              contemplated against any other party potentially liable for the
              losses, damages,

                                       2
<PAGE>

              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, Bagnall covenants and
              agrees 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 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.

6.       NOTICES: Any notices required by this Agreement shall be sent to the
         Party's address as follows: (i) IF TO DIVOT: One Union Square South,
         Suite 10-J, New York, NY 10003; (ii) IF TO BAGNALL: 14032 Ellesmere
         Drive, Tampa, Florida 33624.

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.

                                       3
<PAGE>

8.       SIGNATURE BY FACSIMILE: The parties agree that this Agreement will be
         considered signed when the signature of a party is delivered by
         facsimile transmission. Such facsimile signature shall be treated in
         all respects as having the same effect as an original signature.

9.       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

10.      AMENDMENTS: No supplement, modification, or amendment of any term,
         provision, or condition of this Agreement shall be binding or
         enforceable unless executed in writing by the party against whom
         enforcement is sought as to such supplementary or modified or amended
         term or condition.

11.      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.

12.      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.

13.      INDEMNITY: The parties agree that the Indemnity Agreement dated
         August 1, 1997 by and between both parties shall continue in full force
         and effect.

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

DIVOT GOLF CORPORATION                      CLIFFORD F. BAGNALL
A Delaware Corporation

By: /s/ Joseph R. Cellura                   /s/ Clifford F. Bagnall
    ---------------------                   -----------------------
Name: Joseph R. Cellura                     Clifford F. Bagnall
      -------------------

                                       4<PAGE>

                                                                   EXHIBIT 10.17

                             SETTLEMENT AGREEMENT

     This Settlement Agreement ("Agreement") is entered into on this 31st day of
January, 2000, by and between OrbitTravel.Com Corporation f/k/a Divot Golf
Corporation ("Divot") a Delaware corporation, and Kirk Scoggins ("Claimant"), an
individual and resident of the State of Florida.

                                    RECITALS

I.   WHEREAS, pursuant to an agreement concerning the conversion of certain
     Divot preferred stock held by Claimant into common shares of Divot, which
     agreement is attached hereto as Exhibit "A" and by this reference
     incorporated herein, Claimant has a contractual claim against Divot for
     damages (the "Claim");

II.  WHEREAS, Divot had an unsatisfied payroll obligation in the amount of
     $97,915.00, which Claimant paid on behalf of Divot. Divot then satisfied
     its obligation to Claimant, which satisfaction is acknowledged by this
     Agreement;

III. WHEREAS, the parties intend that this Agreement: (1) govern the issuance of
     Divot common stock to Claimant in settlement of the Claim, and (2)
     acknowledge the satisfaction of any amounts owing to Claimant by virtue of
     his payment of Divot's payroll obligation.

                                   AGREEMENTS

1.   Issuance of Shares:  Within ninety days following the execution of this
     ------------------
     Agreement Divot shall cause to be issued four million four hundred fifty-
     two thousand seven hundred sixty-six (4,452,766) shares of its common
     stock, .001 par value, to be issued to Claimant in settlement of the
     Claim (the "Settlement Shares"). When so issued, the Settlement Shares
     shall be fully paid, non-assessable, and freely tradable upon completion
     of registration of an SB2 filing, and shall be represented by a
     certificate or certificates in a form standardized by Divot for
     representation of its shares.

2.   Acceptance of Shares and Release:  Claimant shall accept the Settlement
     --------------------------------
     Shares in full and complete satisfaction of any amounts collectible by
     Claimant under the Claim, and in full settlement of any additional claim
     Claimant may have against Divot as of the date of this Agreement, even
     though such additional claim may be unanticipated, unexpected, and unknown.
     In consideration of the issuance of the Settlement Shares, Claimant shall
     release and forever discharge Divot, its successors, officers,
     administrators, and assigns, from and against any and all claims, charges,
     complaints, demands, actions or causes of action of any kind in any forum,
     which Claimant may have against Divot as of the date of this Agreement.

                                       1
<PAGE>

3.   Payroll Obligation:  The parties hereby agree to the following with regard
     ------------------
     to Divot's payroll obligation to TeamStaff in the amount of $97,915.00 (the
     "Payroll Obligation"):

     (a)  Payment of Payroll Obligation: The parties acknowledge and agree
          -----------------------------
          that Claimant paid the Payroll Obligation on behalf of Divot, on the
          date and in the manner set forth in Exhibit "B" attached hereto and by
          this reference incorporated herein. The parties further acknowledge
          that, following Claimant's payment of the Payroll Obligation on behalf
          of Divot, Divot was indebted to Claimant in an amount equal to the
          Payroll Obligation.

     (b)  Satisfaction of Debt and Release: The parties acknowledge and agree
          --------------------------------
          that Divot offered to Claimant, and Claimant accepted, certain items
          of personal and corporate property in full and complete satisfaction
          of any amounts owed by Divot to Claimant by virtue of Claimant's
          satisfaction of the Payroll Obligation. The specific items of personal
          property are listed in Exhibit "C" and by this reference incorporated
          herein. Claimant hereby acknowledges receipt of said items in full
          settlement of any debt owed by Divot to Claimant by virtue of
          Claimant's payment of the Payroll Obligation on behalf of Divot.
          Claimant further agrees that the release set forth in Section 2 of
          this Agreement is intended to address any claim Claimant may have
          against Divot in connection with Claimant's payment of the Payroll
          Obligation.

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.

6.   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                  CLAIMANT

By: /s/ Joseph R. Cellura               By: /s/ Kirk Scoggins
    ------------------------                -------------------
    Joseph R. Cellura,                      Kirk Scoggins
    Chairman and C.E.O.

                                       2
<PAGE>

                                  EXHIBIT "A"

                         DOUBLE INDEMNITY AGREEMENT

                                       3
<PAGE>

                                  EXHIBIT "B"

                                Kirk A. Scoggins
                              1901 Brookline Street
                              Tampa, Florida 33629

February 8, 1999

Joseph R. Cellura Chairman & CEO
Divot Golf Corporation
201 North Franklin Street
Tampa, Florida 33602

Dear Joe:

Please let this letter serve as documentation of the agreements reached by you
and I during our negotiations over the past 3 months. Pursuant to paragraph 6
and the notice provisions contained therein, of the private placement memorandum
dated December 3, 1997, I have notified you that Divot Golf Corporation is in
default and that I have provided my demand that the company redeem my preferred
units per the terms of the agreement and as modified by our understandings
outlined below. Given the current circumstances of the company I consider this
prudent business given my investments in Divot and the potential for the loss of
the money I have invested.

The following represents the investments I have made along with payroll advances
from TeamStaff Companies. My initial investment was $225,000 plus the now
accrued interest, dividends and penalties of approximately $15,000. In addition,
during 1998, $60,000 was advanced as payroll, which was converted, to additional
preferred units per the same terms of the Private Placement Purchase Agreement.
The company issued me common shares in error. I have the certificates that need
to be returned to the company. Please provide me with an addendum to my Private
Placement Purchase Agreement evidencing the additional $60,000 in preferred
units and I will forward to you these common stock certificates. Additionally,
based on the agreements you and I made in December detailed below, I authorized
a second advance for payroll of $97,914. My conditions and our Agreements
reached as a condition of my providing these additional advances are summarized
below;

         A.       Agree to a structure regarding the redemption of my preferred
                  units. I agree to structure my demand for redemption of my
                  preferred stock through a combination of $300,000 converted to
                  debt and the balance of $225,000 I would retain as preferred
                  units. Divot has converted $300,000 of my redemption demand
                  into debt as evidenced by the promissory notes executed and
                  delivered to me on February 1, 1999. I still own the original
                  amount of preferred units in the amount of $225,000.

         C.       In December, 1998, I agreed to make available additional
                  payroll advances of up to $125,000, inclusive of any interest
                  and penalties per the terms of Client Service Agreement
                  between Divot and TeamStaff, provided that Divot execute a
                  separate promissory note for the $125,000 and that Divot agree
                  to secure both the new $125,000 note and the $300,000 note
                  referenced above. (in a total amount of $425,000) in the form
                  of a mortgage against both parcel 2 and parcel 11 in the World
                  Golf Village project. You agreed to these conditions and
                  provided me with the promissory notes and mortgage agreements,
                  which I have now recorded.

Now that we have these matters agreed to and documented, I am working as I said
I would to assist you in overcoming some of the obstacles the company faces. I
am interested in the potential acquisition of Miller Golf Inc. and traveled to
Boston February 9, 1999 to meet with you Gordon Ewart and Citizens Bank to see
what can be done in the way of an acquisition. I have also had conversations
with other interested parties and will keep you updated.

                                       4
<PAGE>

I have also initiated the process of negotiations with your landlord, One Tampa
City Center, for TeamStaff to assume the lease at One Tampa City Center for the
office space suite number 200 and 2550. We have been approved as tenants by the
landlord and are negotiating currently through Cushman & Wakefield to assume
that space as soon as possible. I can make no commitments on this outcome but am
hopeful we will be able to come to an agreement. As an inducement for TeamStaff
to assume your forward obligations under the lease we have agreed that all of
the furniture and fixtures currently resident at suite 200, One Tampa City
Center will be transferred at no cost to TeamStaff and in a manner which
TeamStaff dictates

I have also introduced you to some of my contacts that have a preliminary
interest in purchasing the properties at the World Golf Village. Good luck
during these difficult times for you and Divot Golf Corp.

Sincerely

/s/ Kirk A. Scoggins
Kirk A. Scoggins

                                      5
<PAGE>

                                  EXHIBIT "C"

                      Property Delivered in lieu of Debt

               10  Hitachi Vision Book elite laptop computers
                1  Office Suite
                1  911 JRC personal property

                                       6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00002-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00002-of-00352.parquet"}]]