SAF T LOK INC, S-8 POS, 2000-01-18

SAF T LOK INC
S-8 POS, 2000-01-18
CUTLERY, HANDTOOLS & GENERAL HARDWARE

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<PAGE>

As filed with the Securities and Exchange Commission on January 18th, 2000
Registration No. 333-71393

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
___________________________

POST EFFECTIVE
AMENDMENT N0. 1 TO
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
___________________________

SAF T LOK INCORPORATED
(Exact name of Registrant as specified in it charter)

Florida 65-0142837
(State of other Jurisdiction of (I.R.S. Employer Identification Number)
incorporation or organization)

1101 Northpoint Parkway
West Palm Beach, FL 33407
(Address of Principal Executive Offices)

certain STOCK OPTION AGREEMENTS
(which are each an Individual Benefit Plan)

Mr. Franklin W. Brooks
President and Chief Executive Officer
1101 Northpoint Parkway
West Palm Beach, FL 33407
(561)478-5625
(Name, Address and Telephone Number, including area code of Agent for Service)

With a Copy to:
Steven I. Weinberger, Esq.
Atlas, Pearlman, Trop & Borkson, P.A.
350 East Las Olas
Ft. Lauderdale, FL 33501
(954) 763-1200

CALCULATION OF REGISTRATION FEE

<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------------
Proposed
Amount to Proposed Maximum Amount of
be Maximum Offering Aggregate Registration
Title of Securities to be Registered Registered Price per Share Offering Price Fee
- ---------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Common Stock, $0.01 par value 2,802,500 1.82 (1) $5,100,550 1,417.95
- ---------------------------------------------------------------------------------------------------------------------
</TABLE>

(1) Estimated solely for the purpose of calculating the registration fee
pursuant to Rule 457(h). The aggregate offering price and registration fee are
based on the product that results from multiplying 2,802,500 shares by $1.82 per
share, which is the weighted average exercise price of such options.

1
<PAGE>

PART I. INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS

The information required by Part I is included in documents sent or given to
the individuals set forth in the stock option agreements, which are individual
benefit plants, included as exhibits herein, pursuant to Rule 428(b)(1) under
the Securities Act of 1933, as amended (the "Securities Act").

PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM 3. INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE.
-----------------------------------------------

SAF T LOK INCORPORATED (the "Company") is subject to the informational and
reporting requirements of Sections 13(a), 13(c), 14 and 15(d) or the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), and in accordance
therewith files reports, proxy statements and other information with the
Securities and Exchange Commission (the "Commission"). The following documents,
which are filed with the Commission, are incorporated in this Registration
Statement by reference:

The Company's latest annual report filed pursuant to Section 13(a) or 15(d)
of the Exchange Act.

All other reports filed pursuant to Section 13(a) or 15(d) of the Exchange
Act since the end of the fiscal year covered by the document referred to in the
preceding paragraph.

The description of the Company's common stock, par value $0.01 per share
("Common Stock"), contained in a registration statement filed on Form S-3 under
the Exchange Act, including any amendment or report filed for the purpose of
updating such description.

All documents subsequently filed by the Company pursuant to Section 13(a),
13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective
amendment which indicates that all shares of Common Stock offered hereby have
been sold or which deregisters all shares of Common Stock then remaining unsold,
shall be deemed to be incorporated by reference herein and to be part hereof
from the date of the filing of such documents.

ITEM 4. DESCRIPTION OF SECURITIES.
-------------------------

Not applicable.

ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.
--------------------------------------

Not applicable.

ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.
-----------------------------------------

Section 607.0850 of the Florida Business Corporation Act, provides that a
corporation may indemnify any person who was or is a party (other than an action
by or in the right of the corporation) by reason of the fact that he is or was a
director, officer, employee or agent of the corporation, or is or was serving at
the request of the corporation as a director, officer, employee or agent of
another corporation, partnership, joint venture, trust of other enterprise,
against liability incurred in connection with such proceeding, including any
appeal thereof, if he acted in good faith and in a manner he reasonably believed
to be in, or not opposed to, the best interests of the corporation, and with
respect to any criminal action or proceeding, had no reasonable cause to believe
his conduct was unlawful. Section 607.0850 further provides that a corporation

2
<PAGE>

similarly may indemnify any such person serving in any such capacity who was or
is a party in the right of the corporation to procure a judgement in its favor,
against the estimated expense of litigating the proceeding to conclusion
actually and reasonably incurred in connection with the defense or settlement of
such proceeding if he acted in good faith and in a manner he reasonably believed
to be in, or not opposed to, the best interests of the corporation and except
that no indemnification shall be made in respect of any claim, issue or matter
as to which such person shall have been adjudged to be liable unless, and only
to the extent that the court in which such proceeding was brought, or any other
court of competent jurisdiction, shall determine upon application that, despite
the adjudication of liability but in view of all the circumstances of the case,
such person is fairly and reasonably entitled to indemnity for such expenses
which such other court shall deem proper.

Section 607.0831 of the Florida Business Corporation Act provides that a
director is not personally liable for monetary damages to the corporation or any
other person for any statement, vote, decision, or failure to act, regarding
corporate, management or policy, by a director, unless (i) the director breached
or failed to perform his duties as a director, (ii) the director's breach or
failure to perform constitutes a violation of criminal law unless the director
had no reasonable cause to believe his conduct was unlawful, the director
derived an improper personal benefit directly or indirectly, (iii) the
director's conduct triggers the liability provisions of Section 607.0834
(relating to unlawful distributions), (iv) the director's conduct constitutes a
conscious disregard for the best interest of the corporation, or willful
misconduct in a proceeding by or in the right of the corporation or a
shareholder, or (v) the director's conduct constitutes recklessness or an act or
omission committed in bad faith or with malicious purpose or in a manner
exhibiting wanton and willful disregard of human rights, safety, or property in
a proceeding by or in the right of someone other than the corporation or a
shareholder.

The Company's Articles of Incorporation provide that no director shall be
personally liable for monetary damages for any statement, vote, decision, or
failure to act regarding corporate management or policy, unless the director
breached or failed to perform his duties as a director, and the director's
breach of, or failure to perform, those duties constitutes a violation of the
criminal law (unless the director had reasonable cause to believe his conduct
was lawful or had no reasonable cause to believe his conduct was unlawful), was
a transaction from which the director derived an improper personal benefit, was
a circumstance under which the liability provisions of Section 607.0834 of the
Florida Business Corporation Act are applicable, was in a proceeding by or in
the right of the Company to procure a judgment in its favor or by or in the
right of a shareholder, was in conscious disregard for the best interest of the
Company, or willful misconduct, or in a proceeding by or in the right of someone
other than the Company or a shareholder, was recklessness, in bad faith, with
malicious purpose, or in a manner exhibiting wanton and willful disregard of
human rights, safety or property.

The Company's Articles of Incorporation further provide for the
nonexclusive indemnification for each person who is or was a director, officer,
agent, or employee of the Company or who is or was serving at the request of the
Company as its representative in the position of a director, officer, agent or
employee of another corporation, partnership, joint venture, trust or other
enterprise and as to whom the Company has agreed to grant such indemnity, to the
fullest extent permitted or authorized by current or future legislation,
judicial, or administrative decision, against any fine, liability, cost or
expense, including attorneys' fees, asserted against him or incurred by him in
his capacity as such director, officer, agent, employee or representative, or
arising out of his status as such director. The Company may maintain insurance,
to protect itself and any such person against any such fine, liability, cost or
expense. Costs, charges and expenses incurred by officers or directors in
defending a civil or criminal suit, action, or proceeding shall be paid by the
Company in advance of the final disposition upon receipt of an undertaking to
repay all amounts so advanced in the event it shall ultimately be determined
that such person is not entitled to be indemnified by the Company, and upon
satisfaction of any other conditions as are required by law. Such costs,
charges and expenses incurred by employees and agents may be so paid as the
Board of Directors may deem appropriate.

3
<PAGE>

ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.
-----------------------------------

Not applicable.

ITEM 8. EXHIBITS.
--------

The exhibits filed as part of this Registration Statement are as follows:

EXHIBIT
NUMBER DESCRIPTION
------ -----------

5.1 Opinion of Gray, Harris & Robinson, P.A./(1)/

23.1 Consent of Gray, Harris & Robinson, P.A. included in Exhibit
5.1./(1)/

23.2 Letter of Consent from Goldberg & Company, P.A./(1)/

24.1 Power of Attorney /(2)/

99.1 Stock Option Agreement for Theodore M. Johnson./(1)/

99.2 Stock Option Agreement for J. Thomas Smith./(1)/

99.3 Stock Option Agreement for Moyle, Flanigan, Katz, Kolins,
Raymond & Sheehan, P.A../(1)/

99.4 Stock Option Agreement for Jon C. Moyle./(1)/

99.5 Stock Option Agreement for Jon C. Moyle./(1)/

99.6 Stock Option Agreement for Joseph M. Stanton./(2)/

99.7 Stock Option Agreement for Richard P. Stanton./(2)/

99.8 Stock Option Agreement for James O. Pasco./(1)/

99.9 Stock Option Agreement for Timothy H. Scully./(1)/

99.10 Stock Option Agreement for James V. Stanton./(2)/

99.11 Stock Option Agreement for Dennis W. DeConcini./(2)/

99.12 Stock Option Agreement for Franklin W. Brooks./(2)/

99.13 Stock Option Agreement for Stephen S. Eccher./(2)/

99.14 Stock Option Agreement for Jeffrey W. Brooks./(2)/

99.15 Stock Option Agreement for William M. Schmidt./(2)/

99.16 Stock Option Agreement for Eugene V. Horanoff./(2)/

99.17 Stock Option Agreement for Jacqueline Cofer./(2)/

<PAGE>

99.18 Stock Option Agreement for Joseph M. Stanton./(1)/

99.19 Stock Option Agreement for Richard P. Stanton./(1)/

99.20 Stock Option Agreement for Peter T. Lyons./(1)/

99.21 Stock Option Agreement for Timothy J. McCarthy./(1)/

99.22 Stock Option Agreement for Debbie Glass./(2)/

99.23 Stock Option Agreement for Bobbi Bretz./(2)/

99.24 Stock Option Agreement for Jacqueline Cofer./(2)/

99.25 Stock Option Agreement for Emily Eccher./(2)/

99.26 Stock Option Agreement for Stephen B. Eccher./(2)/

99.27 Stock Option Agreement for Stephanie D. Eccher./(2)/

______________
/(1)/ Previously filed.

/(2)/ Filed herewith.

ITEM 9 UNDERTAKINGS
------------

The undersigned registrant hereby undertakes:

(1) To file, during any period in which offers or sales are being made, a post-
effective amendment to this registration statement to include any material
information with respect to the plan of distribution not previously disclosed in
the registration statement or any material change to such information in the
registration statement.

(2) That, for the purpose of determining any liability under the Securities Act
of 1933, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.

(3) To remove from registration by means of a post-effective amendment any of
the securities being registered which remain unsold at the termination of the
offering.

The Company hereby undertakes that, for the purposes of determining any
liability under the Securities Act of 1933, each filing of the Company's annual
report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act
of 1934 (and, where applicable, each filing of an employee benefit plan's annual
report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is
incorporated by reference in the registration statement shall be deemed to be a
new registration statement relating to the securities offered therein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.

The Company hereby undertakes to deliver or cause to be delivered with the
prospectus, to each person to whom the prospectus is sent or given, the latest
annual report to security holders that is incorporated by reference in the
prospectus and furnished pursuant to and meeting the requirements of Rule 14a-3
or Rules 14c-3 under the Securities Exchange Act of 1934; and, where interim
financial information required to be presented by Article 3 of Regulation S-X
are not set forth in the prospectus, to deliver, or cause to be delivered to
each person to whom the prospectus is sent or given, the latest quarterly report
that is specifically incorporated by reference in the prospectus to provide such
interim financial information.

Insofar as indemnification for liabilities arising under the Securities Act
of 1933 may be permitted to directors, officers and controlling persons of the
Company pursuant to the foregoing provisions, or otherwise, the Company has been
advised that in the opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the Act and is,
therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the Company of expenses incurred by
a director, officer or controlling person of the Company in the successful
defense of any action, suit or proceeding) is asserted by such director, officer
or controlling person in connection with the securities being registered, the
Company will, unless in the opinion of its counsel the matter has been settled
by controlling precedent, submit to a court of appropriate jurisdiction the
question whether such indemnification by it is against public policy and as
expressed in the Act and will be governed by the final adjudication of such
issue.

5
<PAGE>

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the Company
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this Registration
Statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of West Palm Beach, State of Florida on the 17th day of
January, 2000.

SAF T LOK INCORPORATED

By: /s/ Franklin W. Brooks
Franklin W. Brooks
Chairman, President and Chief Executive Officer

By: /s/ William M. Schmidt
William M. Schmidt, Chief Financial Officer,
Principal Financial Officer and Principal Accounting Officer

6
<PAGE>

Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons and in the
capacities indicated on the 17/th/ day of January, 2000.

Signature Title Date
- --------- ----- ----

/s/ Franklin W. Brooks Chairman of the Board of January 17, 2000
Franklin W. Brooks Directors

/s/ Jeffrey W. Brooks* Director, Vice President, January 17, 2000
Jeffrey W. Brooks Secretary and Treasurer

/s/ William M. Schmidt* Director and Employee January 17, 2000
William M. Schmidt

/s/ Dennis W. DeConcini* Director January 17, 2000
Dennis W. DeConcini

/s/ James V. Stanton* Director January 17, 2000
James V. Stanton

* By: /s/ Franklin W. Brooks Attorney-in-Fact January 17, 2000

7
<PAGE>

EXHIBIT INDEX

EXHIBIT
NUMBER DESCRIPTION
- ------ -----------

24.1 Power of Attorney.

99.6 Stock Option Agreement for Joseph M. Stanton.

99.7 Stock Option Agreement for Richard P. Stanton.

99.10 Stock Option Agreement for James V. Stanton.

99.11 Stock Option Agreement for Dennis W. DeConcini.

99.12 Stock Option Agreement for Franklin W. Brooks.

99.13 Stock Option Agreement for Stephen S. Eccher.

99.14 Stock Option Agreement for Jeffrey W. Brooks.

99.15 Stock Option Agreement for William M. Schmidt.

99.16 Stock Option Agreement for Eugene V. Horanoff.

99.17 Stock Option Agreement for Jacqueline Cofer.

99.22 Stock Option Agreement for Debbie Glass

99.23 Stock Option Agreement for Bobbi Bretz

99.24 Stock Option Agreement for Jacqueline Cofer

99.25 Stock Option Agreement for Emily Eccher

99.26 Stock Option Agreement for Stephen B. Eccher

99.27 Stock Option Agreement for Stephanie D. Eccher

<PAGE>

EXHIBIT 24.1

POWER OF ATTORNEY

We, the undersigned, officers and directors of SAF T LOK INCORPORATED, hereby
severally constitute FRANKLIN W. BROOKS our true and lawful attorney with full
power to sign for us and in our names in the capacities indicated below with
respect to the Registration Statement on Form S-8 filed herewith and any and all
amendments to said Registration Statement and generally to do all such things in
our name and behalf in out capacities as officers and directors to enable SAF T
LOK INCORPORATED to comply with the provisions of the Securities and Exchange
Commission, hereby ratifying and confirming our signatures as they may be signed
by our said attorney to said Registration Statement and any and all amendments
thereto. This Power of Attorney may be executed in several counterparts.

Signature Title Date
- --------- ----- ----

/s/ Franklin W. Brooks Chairman of the Board of January 21, 1999
Franklin W. Brooks Directors

/s/ Jeffrey W. Brooks Director, Vice President, January 21, 1999
Jeffrey W. Brooks Secretary and Treasurer

/s/ William M. Schmidt Director and Employee January 21, 1999
William M. Schmidt

/s/ Dennis W. DeConcini Director January 21, 1999
Dennis W. DeConcini

/s/ James V. Stanton Director January 21, 1999
James V. Stanton

<PAGE>

Exhibit 99.6

STOCK OPTION AGREEMENT

STOCK OPTION AGREEMENT made this 15th day of April, 1997 by SAF T LOK
INCORPORATED, a Florida corporation (the "Company"), in favor of JOSEPH M.
STANTON (the "Holder").

AGREEMENT:

For good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the Company has agreed, among other things, to grant the
Holder the Option (as herein defined).

1. Grant. The Company hereby grants to Holder the right to purchase fifty
-----
thousand (50,000) newly-issued shares (the "Shares") of the Company's common
stock, $0.01 par value (the "Common Stock"), exercisable at any time and from
time to time through December 31, 2001 (the "Option").

2. Exercise Price. The exercise price per Share for which all or any of the
--------------
Shares may be purchased pursuant to the terms of the Option is two dollars and
fifty cents ($2.50) (the "Exercise Price").

3. Exercise. The Option may be exercised by the Holder as to all or in
--------
increments of ten thousand (10,000) Shares (or the balance of the Shares if less
than such number), upon delivery of written notice of intent to exercise in the
form attached hereto as Exhibit "A" to the Company at the following address:
18245 S.E. Federal Highway, Tequesta, Florida 334769, or such other address as
the Company shall designate in a written notice to the Holder, together with
this Agreement and a check payable to the Company for the aggregate Exercise
Price of the Shares so purchased. Upon exercise of the Option as aforesaid, the
Company shall, as promptly as practicable, and in any event within thirty (30)
days thereafter, execute and deliver to the Holder a certificate or certificates
for the total number of whole Shares for which the Option is being exercised. If
the Option shall be exercised with respect to less than all of the Shares, the
Holder shall be entitled to receive a new Agreement covering the number of
Shares in respect of which the Option shall not have been exercised, which new
Agreement shall in all other respects be identical to this Agreement. The
Company covenants and agrees that it shall pay when due any and all state and
federal issue taxes which may be payable in respect of the issuance of the
Option or the issuance of any Shares upon exercise of the Option.

4. Covenants and Conditions. The above provisions are subject to the
------------------------
following:

(a) Neither the Option nor the Shares have been registered under the
Securities Act of 1933, as amended (the "Securities Act") or any state
securities laws (the "Blue Sky Laws"). The Option has been acquired for
investment purposes and not with a view to distribution or resale and may not be
pledged, hypothecated, sold, made subject to a security interest, or otherwise
transferred without (i) an effective registration statement under the Securities
Act and applicable Blue Sky Laws, or (ii) an option of counsel, which opinion
and counsel shall be reasonably satisfactory to the Company and its counsel,
that registration is not required under the Securities Act or under any other
applicable Blue Sky Laws. Transfer of the Shares issued upon the exercise of
the Option shall be restricted in the same manner and to the same extent as the
Option and the certificates representing such Shares shall bear substantially
the following legend:

THE SHARES OF COMMON STOCK REPRESENTED BY THIS CERTIFICATE
HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933,
AS AMENDED (THE "ACT"), OR ANY APPLICABLE STATE SECURITIES
LAW AND MAY NOT BE TRANSFERRED UNTIL (I) A REGISTRATION
STATEMENT UNDER THE ACT OR SUCH APPLICABLE STATE SECURITIES
LAW SHALL HAVE BECOME EFFECTIVE WITH REGARD THERETO, OR (II)
IN THE OPINION OF COUNSEL ACCEPTABLE TO THE COMPANY,
REGISTRATION UNDER THE ACT OR SUCH APPLICABLE STATE
SECURITIES LAW IS NOT REQUIRED IN CONNECTION WITH THE
PROPOSED TRANSFER.
<PAGE>

The Holder agrees to execute such other documents and instruments as counsel for
the Company reasonably deems necessary to effect the compliance of the issuance
of the Option and any Shares issued upon exercise of the Option with applicable
federal and state securities laws.

(b) The Company covenants and agrees that all Shares which may be
issued upon exercise of the Option shall upon issuance and payment therefor, be
legally and validly issued and outstanding, fully paid and nonassessable, free
from all taxes, liens, charges and preemptive rights, if any, with respect
thereto or to the issuance thereof. The Company shall at all times reserve and
keep available for issuance upon the exercise of the Option such number of
authorized but unissued shares of Common Stock as will be sufficient to permit
the exercise in full of the Option.

5. Transfer of Option. The Option may not be transferred, in whole or in
------------------
part. In the event of the death or final determination of legal incapacity of
the Holder during such time as the Holder shall possess the Option granted
hereunder, the personal representative of the Holder may, for a period of ninety
(90) days following the date of death or final determination of legal
incapacity, exercise the Option to the extent that the Holder was entitled to
exercise the Option on such date. Any person so desiring to exercise the Option
shall be required, as condition to the exercise of the Option, to furnish to the
Company such documentation as the company shall deem necessary to evident the
authority of such person to exercise the Option on behalf of the Holder.

6. Adjust Upon Changes in Capitalization.
-------------------------------------

(a) If all or any portion of the Option shall be exercised subsequent to
any stock split, stock dividend, recapitalization, combination of shares of the
Company, or other similar event occurring after the date hereof, then the Holder
exercising the Option shall receive, for the aggregate price paid upon the
exercise, the aggregate number and class of shares which the Holder would have
received if the Option had been exercised immediately prior to such stock slit,
stock dividend, recapitalization, combination of shares, or other similar event.
If any adjustment under this paragraph 6(a) would create a fractional share of
Common Stock or a right to acquire a fractional share of Common Stock, such
fractional share shall be disregarded and the number of shares subject to the
Option shall be the next higher number of shares, rounding all fractions upward.
Whenever there shall be an adjustment pursuant to this paragraph 6(a), the
Company shall forthwith notify the Holder of such adjustment, setting forth in
reasonable detail the event requiring the adjustment and the method by which
such adjustment was calculated.

(b) If all or any portion of the Option shall be exercised subsequent to
any merger, consolidation, exchange of shares, separation, reorganization or
liquidation of the Company or other similar event occurring after the date
hereof, as a result of which shares of Common Stock shall be changed into the
same or a different number of shares of the same or another class or classes of
securities of the Company or another entity, then the Holder exercising the
Option shall receive, for the aggregate price paid upon such exercise, the
aggregate number and the class of shares which the Holder would have received if
the Option had been exercised immediately prior to such merger, consolidation,
exchange of shares, separation, reorganization or liquidation, or other similar
event. It any adjustment under this paragraph 6(b) would create a fractional
share of Common Stock or a right to acquire a fractional share of Common Stock,
such fractional share shall be disregarded and the number of shares subject to
this Option shall be the next higher number of shares, rounding all fractions
upward. Whenever there shall be an adjustment pursuant to this paragraph 6(b),
the Company shall forthwith notify the Holder of such adjustment, setting forth
in reasonable detail the event requiring the adjustment and the method by which
such adjustment was calculated.

7. Notices. The Company shall provide the Holder with a copy of any notice
-------
that the company is required to provide those persons holding shares of the
Common Stock on the same date such persons receive such notice.

8. Loss, Destruction, Etc. of Agreement. Upon receipt of evidence
------------------------------------
satisfactory to the Company of the loss, theft, mutilation or destruction of
this Agreement, and in the case of any such loss, theft or destruction, upon
delivery of a bond of indemnity in such form and amount as shall be reasonably
satisfactory to the Company, or in the event of such mutilation, upon surrender
and cancellation of the Agreement, the Company shall make and deliver a new
Agreement of like tenor in lieu of such lost, stolen, destroyed or mutilated
Agreement. Any Agreement executed and delivered under the provisions of this
paragraph 8 in lieu of any Agreement alleged to be lost, destroyed or stolen, or
in lieu of any mutilated Agreement, shall constitute an original contractual
obligation on the part of the Company.
<PAGE>

IN WITNESS WHEREOF, the Company and the Holder have executed this Stock Option
Agreement as of the date first above written.

SAF T LOK INCORPORATED

By:_____________________________________
Franklin W. Brooks, Chairman

By:_____________________________________
JOSEPH M. STANTON
<PAGE>

Exhibit "A" to
Stock Option Agreement dated April 15, 1997

NOTICE OF EXERCISE OF OPTION TO PURCHASE
SHARES OF COMMON STOCK
OF SAF T LOK INCORPORATED

The undersigned does by this notice request that Saf T Lok Incorporated, a
Florida corporation (the "Company"), issue to the undersigned that number of
shares of Common Stock specified below (the "Shares") at the price per share
specified below pursuant to the exercise of the undersigned's option under the
Stock Option Agreement (the "Agreement") dated April 15, 1997 between the
undersigned and the Company.

Simultaneously herewith, the undersigned delivers to the Company the purchase
price for the Shares (i.e., that amount which is obtained by multiplying the
number of Shares for which the Option is being exercised by the price
specified), by good check.

The undersigned hereby represents and warrants that the undersigned is acquiring
the Shares for the undersigned's own account and not on behalf of any other
person and without any present view to making a public offering or distribution
of same and without any present intention of selling same at any particular time
or at any particular price or upon the occurrence of any particular event or
circumstance.

The undersigned acknowledges and understands that in connection with the
acquisition of the Shares by the undersigned:

1. The Company has informed the undersigned that the Shares are not registered
under the Securities Act of 1933, as amended (the "Act"), or applicable state
securities or Blue Sky Law or laws, and thus the Shares may not be transferred
or otherwise disposed of until the Shares are subsequently registered under the
Act and the applicable state securities or Blue Sky law or laws or an exemption
from such registration requirements is available.

2. The undersigned had been informed that a legend referring to the
restrictions indicated herein on transferability and sale will be placed upon
the certificate(s) evidencing the Shares.

3. If the undersigned is required to file a Form 144 with the Securities and
Exchange Commission in connection with sales of the shares pursuant to Rule 144
under the Act, the undersigned shall mail a copy of such form to the Company at
the same time and each time the undersigned mails a copy to the Securities and
Exchange Commission.
<PAGE>

A. Date of Stock Option Agreement: April 15, 1997.

B. Number of Shares covered by Agreement: 50,000.

C. Number of shares of Common Stock actually to be purchased at this time
(must be 10,000 Shares or whole multiples thereof and cannot be greater
than 50,000): _______________

D. Exercise price per share: $2.50

E. Aggregate price to be paid for Shares actually purchased (D multiplied by
C): $_________

Dated:_______________________

Very truly yours,

_______________________________________
JOSEPH M. STANTON

Residence:
1310 19th St., N.W. #LL
Washington, D.C. 20036

ACCEPTED:

SAF T LOK INCORPORATED

By:____________________________________

Title:_________________________________

Dated:_________________________________
<PAGE>

December 5, 1999

Amendment to Stock Option Agreement
-----------------------------------

This is an amendment to the stock option agreement dated April 15, 1997 between
Saf T Lok Incorporated and Richard P. Stanton granting the Optionee the option
to purchase 50,000 shares of Saf T Lok Incorporated common stock at an exercise
price of $2.50 per share (the "Agreement").

The Agreement is amended as follows:

The exercise price is repriced to $1.31 per share, the closing market price on
December 5, 1999 which is the effective date set by the Resolution of the Board
of Directors of Saf T Lok Incorporated.

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Joseph M. Stanton
- ------------------------------- -----------------------------
Franklin W. Brooks, President Joseph M. Stanton

<PAGE>

Exhibit 99.7

STOCK OPTION AGREEMENT

STOCK OPTION AGREEMENT made this 15th day of April, 1997 by SAF T LOK
INCORPORATED, a Florida corporation (the "Company"), in favor of RICHARD P.
STANTON (the "Holder").

AGREEMENT:

For good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the Company has agreed, among other things, to grant the
Holder the Option (as herein defined).

4. Covenants and Conditions. The above provisions are subject to the
------------------------
following:

(a) Neither the Option nor the Shares have been registered under the
Securities Act of 1933, as amended (the "Securities Act") or any state
securities laws (the "Blue Sky Laws"). The Option has been acquired for
investment purposes and not with a view to distribution or resale and may not be
pledged, hypothecated, sold, made subject to a security interest, or otherwise
transferred without (i) an effective registration statement under the Securities
Act and applicable Blue Sky Laws, or (ii) an option of counsel, which opinion
and counsel shall be reasonably satisfactory to the Company and its counsel,
that registration is not required under the Securities Act or under any other
applicable Blue Sky Laws. Transfer of the Shares issued upon the exercise of the
Option shall be restricted in the same manner and to the same extent as the
Option and the certificates representing such Shares shall bear substantially
the following legend:

(b) The Company covenants and agrees that all Shares which may be issued
upon exercise of the Option shall upon issuance and payment therefor, be legally
and validly issued and outstanding, fully paid and nonassessable, free from all
taxes, liens, charges and preemptive rights, if any, with respect thereto or to
the issuance thereof. The Company shall at all times reserve and keep available
for issuance upon the exercise of the Option such number of authorized but
unissued shares of Common Stock as will be sufficient to permit the exercise in
full of the Option.

6. Adjust Upon Changes in Capitalization.
-------------------------------------

IN WITNESS WHEREOF, the Company and the Holder have executed this Stock Option
Agreement as of the date first above written.
<PAGE>

SAF T LOK INCORPORATED

By:_____________________________________
Franklin W. Brooks, Chairman

By:_____________________________________
RICHARD P. STANTON
<PAGE>

Exhibit "A" to
Stock Option Agreement dated April 15, 1997

NOTICE OF EXERCISE OF OPTION TO PURCHASE
SHARES OF COMMON STOCK
OF SAF T LOK INCORPORATED

1. The undersigned acknowledges and understands that in connection with the
acquisition of the Shares by the undersigned: The Company has informed the
undersigned that the Shares are not registered under the Securities Act of 1933,
as amended (the "Act"), or applicable state securities or Blue Sky Law or laws,
and thus the Shares may not be transferred or otherwise disposed of until the
Shares are subsequently registered under the Act and the applicable state
securities or Blue Sky law or laws or an exemption from such registration
requirements is available.

2. The undersigned had been informed that a legend referring to the
restrictions indicated herein on transferability and sale will be placed upon
the certificate(s) evidencing the Shares.

A. Date of Stock Option Agreement: April 15, 1997.

B. Number of Shares covered by Agreement: 50,000.

C. Number of shares of Common Stock actually to be purchased at this time
(must be 10,000 Shares or whole multiples thereof and cannot be greater
than 50,000): _______________

D. Exercise price per share: $2.50

E. Aggregate price to be paid for Shares actually purchased (D multiplied by
C): $_________

Dated:_______________________

Very truly yours,

__________________________________________
RICHARD P. STANTON

Residence:
1310 19th St., N.W. #LL
Washington, D.C. 20036

ACCEPTED:

SAF T LOK INCORPORATED

By:_______________________________________

Title:____________________________________

Dated:____________________________________
<PAGE>

December 5, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

The exercise price is repriced to $1.31 per share, the closing market price on
December 5, 1999 which is the effective date set by the Resolution of the Board
of Directors of Saf T Lok Incorporated.

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Richard P. Stanton
- ---------------------------------- ------------------------------
Franklin W. Brooks, President Richard P. Stanton

<PAGE>

Exhibit 99.10

STOCK OPTION AGREEMENT

THIS STOCK OPTION AGREEMENT is effective as of the 23rd day of October, 1997,
between SAF T LOK INCORPORATED, a Florida corporation (the "Company"), and JAMES
V. STANTON (the "Optionee").

Background
----------

A. Optionee is currently a director of the Company.

B. The Company considers it desirable and in the Company's best interest that
Optionee be given an inducement to acquire a proprietary or equity interest
in the Company as an added incentive to advance the interests of the
Company in the form of an option to purchase common stock of the Company.

C. This Agreement shall be considered an individual benefit plan for the
Optionee.

Agreement
---------

In consideration of the mutual covenants and agreements contained herein and
other good and valuable consideration, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

1. Grant of Option. The Company hereby grants to Optionee the right and option
---------------
(hereinafter referred to as the "Option") to purchase up to an aggregate of
250,000 shares of the Company common stock (the "Stock") at an exercise price
equal to $2.00 per share (the "Exercise Price"), on the terms and conditions
herein set forth. The date of grant of the Option is the date set forth on
Exhibit "A" attached hereto.

2. Period of Option. The term of the Option shall be for a period of five
----------------
years from the date hereof, subject to earlier termination as provided herein.
Prior to the expiration of the Option, Optionee may exercise the Option for
portions of the total option stock granted only in accordance with the vesting
schedule set forth on Exhibit "A" attached hereto.

3. Exercise of Option. The Option shall be exercisable only during the term of
------------------
the Option as long as the Optionee is a member of the Board of Directors of the
Company, or any successor thereof. Notwithstanding the preceding sentence, as
long as the Option's term has not expired, the Option which is otherwise
exercisable in accordance with the provisions of this Agreement shall be
exercisable.
<PAGE>

(a) for a period ending 90 days after the Optionee is no longer able to
serve as a member of the Board of Directors or has failed to be reelected to the
Board of Directors; or

(b) for a period ending 90 days after the removal or resignation of the
Optionee from the Board of Directors; or

(c) by the estate of the Optionee, within one year after the date of the
Optionee's death, if the Optionee should die while serving on the Board of
Directors of the Company, or any successor thereof; or

(d) within one year after the Optionee no longer serves as a member of the
Board of Directors due to disability (as defined in Section 22(e) of the Code)
and such disability is the reason the Optionee no longer serves as a member of
the Board of Directors of the Company.

4. Investment Representation and Agreement. Optionee represents that this
---------------------------------------
Option and any shares purchased pursuant to this Option are purchased for
investment purposes only and for Optionee's own account. Optionee acknowledges
that this Option and the shares pertaining to this Option are not registered
under the Securities Act of 1933, as amended, the Florida Securities and
Investor Protection Act, or the securities laws of any other state.

5. Restrictive Legend. Optionee hereby agrees that certificates evidencing the
------------------
shares of stock purchased by Optionee pursuant to this Agreement shall be
stamped or otherwise imprinted with a conspicuous legend in substantially the
following form:

These shares have not been registered under the Securities Act
of 1933, as amended, the Florida Securities and Investor
Protection Act or any other state securities laws, and
therefore, cannot be sold unless they are subsequently
registered under the Act and any applicable state securities
laws, or unless an exemption from registration is available.

6. Nonassignability of Option Rights. The Option is exercisable only by
---------------------------------
Optionee, except in the case of Optionee's death while the Optionee is a member
of the Board of Directors, in which case the Option is exercisable by Optionee's
estate's personal representative pursuant to paragraph 3(c), and except in the
case of Optionee no longer serving as a member of the Board of Directors due to
disability occurring while the Optionee was a Director of the Company, in which
case the Option is exercisable, if necessary, by Optionee's legal representative
pursuant to paragraph 3(d). The Option may not be sold, exchanged, assigned,
pledged, encumbered, hypothecated, or otherwise transferred except by will or by
the laws of descent and distribution. The Option shall not be subject to
execution, attachment, or similar process. Upon any attempt to sell, exchange,
assign, pledge, encumber, hypothecate, or otherwise transfer the Option or any
right thereunder, the Option and all rights thereunder shall immediately become
null and void.

thereof, which time shall be at least 15 days after the giving of such notice,
unless an earlier date shall have been mutually agreed upon. Upon receipt of
such written notice, the Company shall provide the Optionee with that
information required by the applicable state and federal securities laws. If,
after receipt of such information, Optionee desires to withdraw such notice of
exercise, Optionee may withdraw such notice of exercise by notifying the
Company, in writing, prior to the time set forth for delivery of the shares of
Stock. In no event may the Option be exercised after the expiration of its term.
Optionee is under no obligation to exercise an Option or any part thereof.

(a) Payment for Option Stock. The exercise of this Option shall be
------------------------
contingent upon receipt by the Company of cash or certified bank check to its
order, shares of the Company's Common Stock or cancellation of a vested portion
of the Stock Option, or any combination of the foregoing in an amount equal to
the full option price of the shares of Stock being purchased. The Optionee
shall have no rights as a shareholder with respect to any shares covered by his
Option until the exercise of the Option and the date of issuance of a
certificate to him for such shares. No adjustment shall be made for dividends
or other rights for which the record date is prior to the date such certificate
is issued.

(b) Delivery of Stock to Optionee. Provided the Optionee has delivered
-----------------------------
proper notice of exercise and full payment of the option price, the Company
shall undertake and follow all necessary procedures to make prompt delivery of
the number of shares of Stock which the Optionee elects to purchase at the time
specified in such notice. Such delivery, however, may be postponed at the sole
discretion of the Company to enable the Company to comply with any applicable
procedures, regulations or listing requirements of any governmental agency,
stock exchange or regulatory authority. As a condition to the issuance of
shares of Stock, the Company may require such additional payments from the
Optionee as may be required to allow the Company to withhold any income taxes
which the Company deems necessary to insure the Company that it can comply with
any federal or state income tax withholding requirements.

9. Governing Law. This Agreement shall be governed by, interpreted under, and
-------------
construed in accordance with the laws of the State of Florida.

10. Binding Effect. This Agreement will inure to the benefit of and be binding
--------------
on the Company, its successors and assigns, including but not limited to, any
company or entity that may acquire all or substantially all of the Company's
assets and business or into which the Company may be consolidated or merged, and
on Optionee and except as set forth in paragraph 6 above, their heirs, legal
representatives, and successors, as the case may be.
<PAGE>

11. Entire Agreement. This Agreement constitutes the entire agreement of the
----------------
parties hereto with respect to the subject matter of this Agreement and
supersedes any and all previous agreements between parties, whether written or
oral, with respect to such subject matter.

12. Waiver of Modification. No waiver or modification of this Agreement or of
----------------------
any convenant, condition, or limitation herein contained shall be valid unless
in writing and duly executed by the party to be charged therewith. Furthermore,
no evidence of any waiver or modification shall be offered or received in
evidence in any proceeding, arbitration, or litigation between the parties
arising out of or affecting this Agreement or the rights or obligations of any
party hereunder, unless such waiver or modification is in writing and duly
executed as aforesaid. The provisions of this paragraph may not be waived except
as herein set forth.

13. Number and Gender. Whenever used herein, singular numbers shall include the
-----------------
plural, the singular, and the use of any gender shall include all genders.

14. Invalid Provision. The invalidity or unenforceability of any term or
-----------------
provision of this Agreement or the nonapplication of any such term or provision
to any person or circumstance shall not impair or affect the remainder of this
Agreement, and the remaining terms and provisions hereof shall not be
invalidated but shall remain in full force and effect and shall be construed as
if such invalid, unenforceable, or nonapplicable provision were omitted.

15. Nonqualified Stock Option. This Agreement shall be considered an individual
-------------------------
benefit plan for the Optionee.

IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the
day and year first above written.

"COMPANY" "OPTIONEE"

SAF T LOK INCORPORATED

By:___________________________ ____________________________
John L. Gardner Name: James V. Stanton
President
<PAGE>

EXHIBIT "A" TO STOCK OPTION AGREEMENT

NOTICE OF GRANT OF STOCK OPTION

This Agreement shall be considered an individual benefit plan for the Optionee.

Name: James V. Stanton

Address: _______________________________

________________________________

Social Security Number: ________________________

You have been granted a stock option to buy Saf T Lok Incorporated common stock
as follows:

Stock Option Grant Date...................................October 23, 1997
Type of Grant*........................................................NQSO
Exercise Price per Share.............................................$2.00
Total Shares Granted...............................................250,000
Total Amount to Fully Exercise....................................$500,000
Expiration Date of the Grant..............................October 23, 2002

The vesting schedule for this grant is as follows:

1. The option to purchase 83,334 shares shall vest immediately upon this grant.

2. The option to purchase shares shall vest in the amount of 83,333 per year
from the Grant Date set forth in this Exhibit "A", provided that the Optionee
has continually been a member of the Board of Directors of the Company, or
any successor thereof, on the vesting date.

By Order of the Board of Directors of Saf T Lok Incorporated

Validated by: __________________________________________________________
Corporate Secretary

*ISO = Qualified Stock Option
NQSO = Nonqualified Stock Option
<PAGE>

September 1, 1999

Amendment to Stock Option Agreement
-----------------------------------

This is an amendment to the stock option agreement dated October 23, 1997
between Saf T Lok Incorporated and James V. Stanton granting the Optionee the
option to purchase 250,000 shares of Saf T Lok Incorporated common stock at an
exercise price of $2.00 per share (the "Agreement").

The Agreement is amended as follows:

1.a. The section of the Agreement entitled "Investment Representation and
Agreement" shall be modified to read as follows: "Optionee represents that this
Option and any shares purchased pursuant to this Option are purchased for
investment purposes, for Optionee's own account and not for distribution,
resale, assignment, transfer or other disposition except in compliance with
applicable securities laws."

1.b. The following sentences shall be added to the end of the section of the
Agreement entitled "Nonassignability of Option Rights:" "Notwithstanding any
provision of this Agreement to the contrary, Options granted hereunder which
have vested may be assigned to a member of Optionee's immediate family; provided
that: (i) the Optionee provides the Company with written notice of assignment;
(ii) the assignee agrees, in writing, to be bound by the terms of the Option
Agreement with respect to the Option so assigned; and (iii) the assignment does
not conflict with the provisions of applicable Federal or State securities laws.
Upon compliance with the foregoing the assignee shall become the Optionee under
this agreement with respect to the portion of the Option so assigned. For
purposes of this Section, the term "immediate family" shall consist solely of
Optionee's (A) child(ren), (B) spouse or former spouse, (C) stepchild(ren) , (D)
parent(s), (E) sibling(s), (F) stepparent(s), (G) grandchild(ren), (H) mother-
in-law, father-in-law, brother-in-law, sister-in-law, (I) grandparent(s), (J)
niece(s) and nephew(s), (K) any person(s) sharing the Optionee's household
(other than a tenant or employee), and (L) trusts for the exclusive benefit of
any of the foregoing persons."

2. The following sentences shall be added to the end of the section of the
Agreement entitled "Period of Option": "Notwithstanding the foregoing, in the
event of change of control of the Company as a result of which the Optionee
ceases to be a director of the Company or employed by the Company, then all
unvested options shall become fully vested on the day before the effective date
of change in control."

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ James V. Stanton
- ------------------------------- ---------------------------
Franklin W. Brooks, President James V. Stanton
<PAGE>

September 29, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

1. The section of the Agreement entitled "Exercise of Option" shall be
modified to read as follows: "The Option shall be exercisable only during the
term of the Option."

2. The first sentence in the section of the Agreement entitled
"Nonassignability of Option Rights" shall be modified to read as follows: "The
Option is exercisable only by Optionee or his legal representative, except in
the case of Optionee's death, in which case the Option is exercisable by
Optionee's estate's personal representative and/or Optionee's heirs.

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ James V. Stanton
- --------------------------------- -------------------------------
Franklin W. Brooks, President James V. Stanton
<PAGE>

November 2, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

The exercise price is repriced to $1.19 per share, the closing market price on
November 2, 1999 which is the effective date set by the Resolution of the Board
of Directors of Saf T Lok Incorporated.

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ James V. Stanton
- ---------------------------------- -------------------------------
Franklin W. Brooks, President James V. Stanton

<PAGE>

EXHIBIT 99.11

STOCK OPTION AGREEMENT

THIS STOCK OPTION AGREEMENT is effective as of the 23rd day of October, 1997,
between SAF T LOK INCORPORATED, a Florida corporation (the "Company"), and
DENNIS W. DECONCINI (the "Optionee").

Background
----------

A. Optionee is currently a director of the Company.

C. This Agreement shall be considered an individual benefit plan for the
Optionee.

Agreement
---------

In consideration of the mutual covenants and agreements contained herein and
other good and valuable consideration, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

1. Grant of Option. The Company hereby grants to Optionee the right and option
---------------
(hereinafter referred to as the "Option") to purchase up to an aggregate of
250,000 shares of the Company'' common stock (the "Stock") at an exercise price
equal to $2.00 per share (the "Exercise Price"), on the terms and conditions
herein set forth. The date of grant of the Option is the date set forth on
Exhibit "A" attached hereto.

(a) for a period ending 90 days after the Optionee is no longer able to
serve as a member of the Board of Directors or has failed to be reelected to the
Board of Directors; or

(b) for a period ending 90 days after the removal or resignation of the
Optionee from the Board of Directors; or

These shares have not been registered under the Securities
Act of 1933, as amended, the Florida Securities and Investor
Protection Act or any other state securities laws, and
therefore, cannot be sold unless they are subsequently
registered under the Act and any applicable state securities
laws, or unless an exemption from registration is available.

(a) Payment for Option Stock. The exercise of this Option shall be
------------------------
contingent upon receipt by the Company of cash or certified bank check to its
order, shares of the Company's Common Stock or cancellation of a vested portion
of the Stock Option, or any combination of the foregoing in an amount equal to
the full option price of the shares of Stock being purchased. The Optionee shall
have no rights as a shareholder with respect to any shares covered by his Option
until the exercise of the Option and the date of issuance of a certificate to
him for such shares. No adjustment shall be made for dividends or other rights
for which the record date is prior to the date such certificate is issued.

(b) Delivery of Stock to Optionee. Provided the Optionee has delivered
-----------------------------
proper notice of exercise and full payment of the option price, the Company
shall undertake and follow all necessary procedures to make prompt delivery of
the number of shares of Stock which the Optionee elects to purchase at the time
specified in such notice. Such delivery, however, may be postponed at the sole
discretion of the Company to enable the Company to comply with any applicable
procedures, regulations or listing requirements of any governmental agency,
stock exchange or regulatory authority. As a condition to the issuance of shares
of Stock, the Company may require such additional payments from the Optionee as
may be required to allow the Company to withhold any income taxes which the
Company deems necessary to insure the Company that it can comply with any
federal or state income tax withholding requirements.

9. Governing Law. This Agreement shall be governed by, interpreted under, and
-------------
construed in accordance with the laws of the State of Florida.

13. Number and Gender. Whenever used herein, singular numbers shall include the
-----------------
plural, the singular, and the use of any gender shall include all genders.

15. Nonqualified Stock Option. This Agreement shall be considered an individual
-------------------------
benefit plan for the Optionee.

IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the
day and year first above written.

"COMPANY' "OPTIONEE"

SAF T LOK INCORPORATED

By:___________________________ ____________________________
John L. Gardner Name: Dennis W. DeConcini
President
<PAGE>

EXHIBIT "A" TO STOCK OPTION AGREEMENT

NOTICE OF GRANT OF STOCK OPTION

This Agreement shall be considered an individual benefit plan for the Optionee.

Name: Dennis W. DeConcini

Address: ________________________________

________________________________

Social Security Number: ________________________

You have been granted a stock option to buy Saf T Lok Incorporated common stock
as follows:

Stock Option Grant Date....................................October 23, 1997
Type of Grant*.........................................................NQSO
Exercise Price per Share..............................................$2.00
Total Shares Granted................................................250,000
Total Amount to Fully Exercise.....................................$500,000
Expiration Date of the Grant...............................October 23, 2002

The vesting schedule for this grant is as follows:

1. The option to purchase 83,334 shares shall vest immediately upon this grant.

By Order of the Board of Directors of Saf T Lok Incorporated

Validated by: __________________________________________________________
Corporate Secretary

*ISO = Qualified Stock Option
NQSO = Nonqualified Stock Option
<PAGE>

September 29, 1999

Amendment to Stock Option Agreement
-----------------------------------

This is an amendment to the stock option agreement dated December 23, 1997
between Saf T Lok Incorporated and Dennis W. DeConcini granting the Optionee the
option to purchase 250,000 shares of Saf T Lok Incorporated common stock at an
exercise price of $2.00 per share (the "Agreement").

The Agreement is amended as follows:

1. The section of the Agreement entitled "Exercise of Option" shall be
modified to read as follows: "The Option shall be exercisable only during the
term of the Option."

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Dennis W. DeConcini
- -------------------------------- ---------------------------
Franklin W. Brooks, President Dennis W. DeConcini
<PAGE>

September 1, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

1.b. The following sentences shall be added to the end of the section of the
Agreement entitled "Nonassignability of Option Rights:" "Notwithstanding any
provision of this Agreement to the contrary, Options granted hereunder which
have vested may be assigned to a member of Optionee's immediate family; provided
that: (i) the Optionee provides the Company with written notice of assignment;
(ii) the assignee agrees, in writing, to be bound by the terms of the Option
Agreement with respect to the Option so assigned; and (iii) the assignment does
not conflict with the provisions of applicable Federal or State securities laws.
Upon compliance with the foregoing the assignee shall become the Optionee under
this agreement with respect to the portion of the Option so assigned. For
purposes of this Section, the term "immediate family" shall consist solely of
Optionee's (A) child(ren), (B) spouse or former spouse, (C) stepchild(ren), (D)
parent(s), (E) sibling(s), (F) stepparent(s), (G) grandchild(ren), (H) mother-
in-law, father-in-law, brother-in-law, sister-in-law, (I) grandparent(s), (J)
niece(s) and nephew(s), (K) any person(s) sharing the Optionee's household
(other than a tenant or employee), and (L) trusts for the exclusive benefit of
any of the foregoing persons."

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Dennis W. DeConcini
- ------------------------------- ----------------------------
Franklin W. Brooks, President Dennis W. DeConcini
<PAGE>

November 2, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

The exercise price is repriced to $1.19 per share, the closing market price on
November 2, 1999 which is the effective date set by the Resolution of the Board
of Directors of Saf T Lok Incorporated.

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Dennis W. DeConcini
- -------------------------------- ---------------------------
Franklin W. Brooks, President Dennis W. DeConcini

<PAGE>

EXHIBIT 99.12

STOCK OPTION AGREEMENT

THIS STOCK OPTION AGREEMENT is effective as of the 18th day of December, 1997,
between SAF T LOK INCORPORATED, a Florida corporation (the "Company"), and
FRANKLIN W. BROOKS (the "Optionee").

Background
----------

A. Optionee is currently a director of the Company.

C. This Agreement shall be considered an individual benefit plan for the
Optionee.

Agreement
---------

In consideration of the mutual covenants and agreements contained herein and
other good and valuable consideration, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

1. Grant of Option. The Company hereby grants to Optionee the right and option
---------------
(hereinafter referred to as the "Option") to purchase up to an aggregate of
1,000,000 shares of the Company'' common stock (the "Stock") at an exercise
price equal to $2.00 per share (the "Exercise Price"), on the terms and
conditions herein set forth. The date of grant of the Option is the date set
forth on Exhibit "A" attached hereto.

3. Exercise of Option. In the event of the Optionee's removal or resignation
------------------
from the Board of Directors, death while continuously on the Board of Directors,
or in the event the Optionee is no longer continuously serving as a member of
the Board of Directors due to disability (as defined in Section 22(e) of the
Code), that portion of the Option which has vested at the time of one of these
events is exercisable in accordance with the provisions of this Option by the
Optionee or his legal representative, or in the event of the Optionee's death
during the term of the Option, by the Optionee's estate's personal
representative and/or the Optionee's heirs, for the term of the Option.
Provided, however, that in the event the Optionee dies while continuously on the
Board
<PAGE>

of Directors prior to December 18, 1998, the second vesting of 250,000 shares
set forth in Exhibit "A", attached hereto, shall vest on December 18, 1998 and
shall be exercisable by the Optionee's estate's personal representative and'or
the Optionee's heirs during the term of the Option.

These shares have not been registered under the Securities
Act of 1933, as amended, the Florida Securities and
Investor Protection Act or any other state securities laws,
and therefore, cannot be sold unless they are subsequently
registered under the Act and any applicable state
securities laws, or unless an exemption from registration
is available.

6. Nonassignability of Option Rights. The Option is exercisable only by
---------------------------------
Optionee, except in the case of Optionee's death, in which case the Option is
exercisable by Optionee's estate's personal representative and/or the Optionee's
heirs (hereinafter collectively referred to as Optionee). The Option may not be
sold, exchanged, assigned, pledged, encumbered, hypothecated, or otherwise
transferred except by will or by the laws of descent and distribution. The
Option shall not be subject to execution, attachment, or similar process. Upon
any attempt to sell, exchange, assign, pledge, encumber, hypothecate, or
otherwise transfer the Option or any right thereunder, except as permitted in
this Section 6, the Option and all rights thereunder shall immediately become
null and void.

7. Method of Exercise. Optionee may exercise the Option, in whole or in part,
------------------
by written notice to the Company stating in such written notice the number of
shares of Stock such Optionee elects to purchase under the Option, and the time
of the delivery thereof, which time shall be at least 15 days after the giving
of such notice, unless an earlier date shall have been mutually agreed upon.
Upon receipt of such written notice, the Company shall provide the Optionee with
that information required by the applicable state and federal securities laws.
If, after receipt of such information, Optionee desires to withdraw such notice
of exercise, Optionee may withdraw such notice of exercise by notifying the
Company, in writing, prior to the time set forth for delivery of the shares of
Stock. In no event may the Option be exercised after the expiration of its term.
Optionee is under no obligation to exercise an Option or any part thereof.

shareholder with respect to any shares covered by his Option until the exercise
of the Option and the date of issuance of a certificate to him for such shares.
No adjustment shall be made for dividends or other rights for which the record
date is prior to the date such certificate is issued.

(b) Delivery of Stock to Optionee. Provided the Optionee has delivered
-----------------------------
proper notice of exercise and full payment of the option price, the Company
shall undertake and follow all necessary procedures to make prompt delivery of
the number of shares of Stock which the Optionee elects to purchase at the time
specified in such notice. Such delivery, however, may be postponed at the sole
discretion of the Company to enable the Company to comply with any applicable
procedures, regulations or listing requirements of any governmental agency,
stock exchange or regulatory authority. As a condition to the issuance of shares
of Stock, the Company may require such additional payments from the Optionee as
may be required to allow the Company to withhold any income taxes which the
Company deems necessary to insure the Company that it can comply with any
federal or state income tax withholding requirements.

9. Reorganization, Dissolution or Liquidation. In the event of the dissolution
------------------------------------------
or liquidation of the Company, or any merger or combination in which the Company
is not a surviving corporation is involved, or the Company transfers
substantially all of its asset or property to another corporation, or in the
event any other corporation acquires control of the Company in a reorganization
within the meaning of Section 368(a) of the Internal Revenue Code of 1986, as
amended (the "Code"), this Option shall thereupon terminate, unless this Option
is assumed or a substitute therefor is issued (within the meaning of section
425(a) of the Code) by the surviving or acquiring corporation in any such
merger, combination or other reorganization. Notwithstanding the previous
sentence, the Company shall give at least 15 days written notice of such
transaction to Optionee prior to the effective date of such merger, combination,
reorganization, dissolution or liquidation. The Board of Directors, in its sole
discretion, may elect to accelerate the vesting schedule of this Option upon
such notice, and Optionee may exercise the Option prior to such effective date,
notwithstanding any time limitation previously placed on the exercise of this
Option. Provided, however, that if such merger, combination or reorganization is
to be accounted for as a 'pooling of interests' and such accelerated vesting
would disqualify the merger, combination or reorganization from being accounted
for as a 'pooling of interests', the Board or Directors shall not accelerate the
vesting schedule of this Option.

10. Governing Law. This Agreement shall be governed by, interpreted under, and
-------------
construed in accordance with the laws of the State of Florida.

11. Binding Effect. This Agreement will inure to the benefit of and be binding
--------------
on the Company, its successors and assigns, including but not limited to, any
company or entity
<PAGE>

that may acquire all or substantially all of the Company's assets and business
or into which the Company may be consolidated or merged, and on Optionee and
except as set forth in paragraph 6 above, their heirs, legal representatives,
and successors, as the case may be.

12. Entire Agreement. This Agreement constitutes the entire agreement of the
----------------
parties hereto with respect to the subject matter of this Agreement and
supersedes any and all previous agreements between parties, whether written or
oral, with respect to such subject matter.

13. Waiver of Modification. No waiver or modification of this Agreement or of
----------------------
any convenant, condition, or limitation herein contained shall be valid unless
in writing and duly executed by the party to be charged therewith. Furthermore,
no evidence of any waiver or modification shall be offered or received in
evidence in any proceeding, arbitration, or litigation between the parties
arising out of or affecting this Agreement or the rights or obligations of any
party hereunder, unless such waiver or modification is in writing and duly
executed as aforesaid. The provisions of this paragraph may not be waived except
as herein set forth.

14. Number and Gender. Whenever used herein, singular numbers shall include
-----------------
the plural, the singular, and the use of any gender shall include all genders.

15. Invalid Provision. The invalidity or unenforceability of any term or
-----------------
provision of this Agreement or the nonapplication of any such term or provision
to any person or circumstance shall not impair or affect the remainder of this
Agreement, and the remaining terms and provisions hereof shall not be
invalidated but shall remain in full force and effect and shall be construed as
if such invalid, unenforceable, or nonapplicable provision were omitted.

IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the
day and year first above written.

"COMPANY" "OPTIONEE"

SAF T LOK INCORPORATED

By:___________________________ ____________________________
John L. Gardner Name: Franklin W. Brooks
President, Chief Executive Officer
<PAGE>

EXHIBIT "A" TO STOCK OPTION AGREEMENT

NOTICE OF GRANT OF STOCK OPTION

This Agreement shall be considered an individual benefit plan for the Optionee.

Name: Franklin W. Brooks

Address: ________________________________

________________________________

Social Security Number: ________________________

You have been granted a stock option to buy Saf T Lok Incorporated common stock
as follows:

Stock Option Grant Date...................................December 18, 1997
Type of Grant*.........................................................NQSO
Exercise Price per Share..............................................$2.00
Total Shares Granted..............................................1,000,000
Total Amount to Fully Exercise...................................$2,000,000
Expiration Date of the Grant..............................December 18, 2002

The vesting schedule for this grant is as follows:

1. The option to purchase 250,000 shares is vested.

2. The option to purchase 250,000 shares shall vest on December 18, 1998.*

3. The option to purchase 250,000 shares shall vest on December 18, 1999.*

4. The option to purchase 250,000 shares shall vest on December 18, 2000.*

*Subject to the provisions of section 3 of this Stock Option Agreement.

By Order of the Board of Directors of Saf T Lok Incorporated

Validated by: __________________________________________________________
Corporate Secretary

*ISO = Qualified Stock Option
NQSO = Nonqualified Stock Option
<PAGE>

November 2, 1999

Amendment to Stock Option Agreement
-----------------------------------

This is an amendment to the stock option agreement dated December 18, 1997
between Saf T Lok Incorporated and Franklin W. Brooks granting the Optionee the
option to purchase 1,000,000 shares of Saf T Lok Incorporated common stock at an
exercise price of $2.00 per share (the "Agreement").

The Agreement is amended as follows:

The exercise price is repriced to $1.19 per share, the closing market price on
November 2, 1999 which is the effective date set by the Resolution of the Board
of Directors of Saf T Lok Incorporated.

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Franklin W. Brooks
- --------------------------------- ------------------------------
Franklin W. Brooks, President Franklin W. Brooks
<PAGE>

September 1, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Franklin W. Brooks
- ------------------------------ ----------------------------
Franklin W. Brooks, President Franklin W. Brooks
<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

The undersigned does by this Notice of Assignment request that Saf T Lok
Incorporated, a Florida corporation (the "Company"), transfer to the named
Assignee (the "Assignee") the Option to purchase that number of shares of Common
Stock specified below (the "Shares") at the price per share specified below in
accordance with the undersigned's option under the Stock Option Agreement (the
"Agreement") specified below between the undersigned and the Company.

The Assignee represents that this Option and any Shares purchased pursuant to
this Option are purchased for investment purposes, for Assignee's own account
and not for distribution, resale, assignment, transfer or other disposition
except in compliance with applicable securities laws.

The Assignee acknowledges and understands that in connection with the
acquisition of the Shares the Assignee is solely responsible to comply with all
applicable State and Federal Securities Laws and all applicable tax laws and
regulations to which Assignee is subject. Exercise of the Option will normally
result in an immediate tax liability for Assignee. It is strongly suggested that
Assignee consult with his attorney and his tax advisor to insure compliance with
all laws.

If the Assignee is required to file a Form 144 and/or a Form 4 with the
Securities and Exchange Commission in connection with sales of the Shares
pursuant to Rule 144 under the Act, the Assignee shall deliver a copy of such
form(s) to the Company at the same time and each time the Assignee delivers a
copy to the Securities and Exchange Commission.

A. Date of Stock Option Agreement: Dec. 18, 1997.
-------------

B. Number of Shares covered by Agreement: 1,000,000.
---------

C. Exercise price per share: $ 1.19.
----

D. Number of shares of Common Stock actually to be assigned to undersigned
Assignee at this time: 150,000.
-------

Assignee may receive a copy of the Agreement by requesting one from Saf T Lok.
<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

ASSIGNOR:
- ---------

Franklin W. Brooks 11/2/99 /s/ Franklin W. Brooks
- ----------------------------- -------------------------------------
Optionee Name (PRINT) and Date Optionee Signature

Social Security #: 138 26 9103
-----------------

Residence: 7689 S.E. Rivers Edge St.
------------------------------------------------------

Jupiter, FL 33458
- ------------------------------------------------------------------

ASSIGNEE: By signing below, Assignee agrees to be bound by all of the terms of
- --------
the Option Agreement with respect to the Option so assigned.

Debbie Glass 11/2/99 /s/ Debbie Glass
- ---------------------- --------------------------------
Assignee Name (PRINT) and Date Assignee Signature

Social Security #: 265 47 5526
------------------

Residence: 19930 Earlwood Drive
------------------------------------------------------

Jupiter, FL 33458
- -------------------------------------------------------------------

ACCEPTED:

SAF T LOK INCORPORATED

By: /s/ William W. Schmidt
----------------------------------------

Title: CFO
-------------------------------------

Dated: Nov. 2, 1999
-------------------------------------

Copy to be sent to Assignor and Assignee.
<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

A. Date of Stock Option Agreement: Dec. 18, 1997.
--------------

B. Number of Shares covered by Agreement: 1,000,000.
----------

C. Exercise price per share: $ 1.19.
-------

D. Number of shares of Common Stock actually to be assigned to undersigned
Assignee at this time: 150,000.
--------

Assignee may receive a copy of the Agreement by requesting one from Saf T Lok.
<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

ASSIGNOR:
- ---------

Franklin W. Brooks 11/2/99 /s/ Franklin W. Brooks
- ------------------------------- -------------------------------------------
Optionee Name (PRINT) and Date Optionee Signature

Social Security #: 138 26 9103
------------------

Residence: 7689 S.E. Rivers Edge St.
----------------------------------------------------------------------

Jupiter, FL 33458
- --------------------------------------------------------------------------------

ASSIGNEE: By signing below, Assignee agrees to be bound by all of the terms of
- --------
the Option Agreement with respect to the Option so assigned.

Bobbi Bretz 11/2/99 /s/ Bobbi Bretz
- ---------------------------- -------------------------------------------
Assignee Name (PRINT) and Date Assignee Signature

Social Security #: 594 16 7026
------------------

Residence: 15925 115/th/ Ave. N.
----------------------------------------------------------------------

Jupiter, FL 33478
- --------------------------------------------------------------------------------

ACCEPTED:

SAF T LOK INCORPORATED

By: /s/ William W. Schmidt
-------------------------

Title: CFO
----------------------

Dated: Nov. 2, 1999
----------------------

Copy to be sent to Assignor and Assignee.
<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

A. Date of Stock Option Agreement: Dec. 18, 1997.
--------------

B. Number of Shares covered by Agreement: 1,000,000.
----------

C. Exercise price per share: $1.19.
------

D. Number of shares of Common Stock actually to be assigned to undersigned
Assignee at this time: 75,000.
-------

Assignee may receive a copy of the Agreement by requesting one from Saf T Lok.
<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

Assignor:
- ---------

Franklin W. Brooks 11/2/99 /s/ Franklin W. Brooks
- ----------------------------- ------------------------------------
Optionee Name (PRINT) and Date Optionee Signature

Social Security #: 138 26 9103
-----------------

Residence: 7689 S.E. Rivers Edge St.
---------------------------------------------

Jupiter, FL 33458
- --------------------------------------------------------

Assignee: By signing below, Assignee agrees to be bound by all of the terms of
- --------
the Option Agreement with respect to the Option so assigned.

Jacquie Cofer 11/2/99 /s/ Jacquie Cofer
- ----------------------------- -------------------------------------
Assignee Name (PRINT) and Date Assignee Signature

Social Security #: 589 01 0269
----------------------

Residence: 15720 112/th/ Drive N.
---------------------------------------------

Jupiter, FL 33478
---------------------------------------------

ACCEPTED:

SAF T LOK INCORPORATED

By: /s/ William W. Schmidt
-------------------------------------

Title: CFO
----------------------------------

Dated: Nov. 2, 1999
----------------------------------

Copy to be sent to Assignor and Assignee.

<PAGE>

Exhibit 99.13

STOCK OPTION AGREEMENT

THIS STOCK OPTION AGREEMENT is effective as of the 11th day of December, 1998,
between SAF T LOK INCORPORATED, a Florida corporation (the "Company"), and
STEPHEN S. ECCHER (the "Optionee").

Background
----------

A. Optionee is currently an employee of the Company.

C. This Agreement shall be considered an individual employee benefit plan for
the Optionee.

D. The Optionee is currently in possession of an option for 10,000 Shares of
the Company's Common Stock. This Option will vest only if, upon vesting of
this Option, the prior option for 10,000 has not been exercised in whole or
in part and is surrendered.

Agreement
---------

In consideration of the mutual covenants and agreements contained herein and
other good and valuable constitutional, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

1. Grant of Option. The Company hereby grants to Optionee the right and option
---------------
(hereinafter referred to as the "Option") to purchase up to an aggregate of
50,000 shares of the Company common stock (the "Stock") at an exercise price
equal to $1.09 per share (the "Exercise Price"), on the terms and conditions
herein set forth. The date of grant of the Option is the date set forth on
Exhibit "A" attached hereto.

2. Period of Option. The term of the Option shall be for a period of ten years
----------------
form the date hereof, subject to earlier termination as provided herein. Prior
to the expiration of the Option, Optionee may exercise the Option for portions
of the total option stock granted only in accordance with the vesting schedule
set forth on Exhibit "A" attached hereto.

3. Exercise of Option. The Option shall be exercisable only during the term of
------------------
the Option as long as the Optionee continues to be employed with the Company, or
any successor thereof. Notwithstanding the preceding sentence, as long as the
Option's term has not expired, the Option which is otherwise exercisable in
accordance with the provisions of this Agreement shall be exercisable:
<PAGE>

(a) for a period ending 90 days after the Optionee's employment with the
Company has terminated; or

(b) by the estate, personal representative or beneficiary of the Optionee,
within one year after the dare of the Optionee's death, if the Optionee should
die while in the Continuous Employment of the Company or any successor thereof;
or

(c) within one year after the Optionee's employment with the Company
terminates, if the Optionee becomes permanently and totally disabled (as defined
in Section 22(e)(3) of the Code) provided the Optionee has been in continuous
employment with the Company on the date of the disability and such disability is
the cause of termination.

4. Investment Representation and Agreement. Optionee represents that this
---------------------------------------
Option and any shares purchased pursuant to this Option are purchased for
investment purposes only and for Optionee's own account. Optionee acknowledges
that this Option and the shares pertaining to this Option are not registered
under the Securities Act of 1933, as amended the Florida Securities and Investor
Protection Act, or the securities laws of any other state.

6. Nonassignability of Option Rights. The Option is exercisable only by
---------------------------------
Optionee, his guardian or legal representative. The Option may not be sold,
exchanged, assigned, pledged, encumbered, hypothecated, or otherwise transferred
except by will or by the laws of descent and distribution. The Option shall not
be subject to execution, attachment, or similar process. Upon any attempt to
sell, exchange, assign, pledge, encumber, hypothecate, or otherwise transfer the
Option or any right thereunder, contrary to the provisions hereof, the Option
and all rights thereunder shall immediately become null and void.

7. Method of Exercise. Optionee may exercise the Option, in whole or in part,
------------------
by written notice to the Company stating in such written notice the number of
shares of Stock such Optionee elects to purchase under the Option, and the time
of the delivery thereof, which time shall be not more than 30 days after the
giving of such notice, unless a later date shall have been mutually agreed upon.
Upon receipt of such written notice, the Company shall provide the Optionee with
that information required by the applicable state and federal securities laws.
If, after receipt of such information, Optionee desires to withdraw such notice
of exercise, Optionee may withdraw such notice of exercise by notifying the
Company, in writing, prior to the time set forth for delivery of the shares of
<PAGE>

Stock. In no event may the Option be exercised after the expiration of its term.
Optionee is under no obligation to exercise an Option or any part thereof.

(a) Payment for Option Stock. The exercise of this Option shall be
------------------------
contingent upon receipt by the Company of cash or certified bank check to its
order, shares of the Company's Common Stock or cancellation of a vested
portion of the Stock Option, or any combination of the foregoing in an amount
equal to the full option price of the shares of Stock being purchased. The
Optionee shall have no rights as a shareholder with respect to any shares
covered by his Option until the exercise of the Option and the date of
issuance of a certificate to him for such shares. No adjustment shall be made
for dividends or other rights for which the record date is prior to the date
such certificate is issued.

(b) Delivery of Stock to Optionee. Provided the Optionee has delivered
-----------------------------
proper notice of exercise and full payment of the option price, the Company
shall undertake and follow all necessary procedures to make delivery of the
number of shares of Stock which the Optionee elects to purchase within 30
days of such notice, or if a later date is specified in the notice, at the
time specified in such notice. Such delivery, however, may be postponed at
the sole discretion of the company to enable the Company to comply with any
applicable procedures, regulations or listing requirements of any
governmental agency, stock exchange or regulatory authority. As a condition
to the issuance of shares of Stock, the Company may require such additional
payments from the Optionee as may be required to allow the Company to
withhold any income taxes which the Company deems necessary to insure the
Company that it can comply with any federal or state income tax withholding
requirements.

8. Changes in Capital Structure of Company. In the event of a change in
---------------------------------------
capital structure of the Company, the number of shares covered by the Options
and the price per share shall be proportionately adjusted for any increase or
decrease in the number of issued shares of Stock resulting from the splitting or
consolidation of shares, or the payment of a stock dividend, or effected in any
other manner without receipt of additional or further consideration by the
Company. The Company shall give notice of any adjustment to Optionee. In the
event of an Acquisition, any Options not exercised shall be exchanged on an
equitable basis for that consideration payable with respect to the then
outstanding shares in connection with the Acquisition or for a cash payment of
the fair market value of the shares over the exercise price. In the event of a
reorganization or recapitalization, the Optionee shall receive those shares he
would have received had he exercised the Option prior to the reorganization or
recapitalization.

9. Governing Law. This Agreement shall be governed by, interpreted under, and
-------------
construed in accordance with the laws of the State of Florida.

10. Binding Effect. This Agreement will inure to the benefit of and be binding
--------------
on the Company, its successors and assigns, including but not limited to, any
company or entity that may acquire all or substantially all of the Company's
assets and business or into which the company may be consolidated or merged, and
on Optionee and except as set forth in paragraph 6 above, their heirs, legal
representatives, and successors, as the case may be.
<PAGE>

13. Number and Gender. Whenever used herein, singular numbers shall include the
-----------------
plural, the singular, and the use of any gender shall include all genders.

14. Invalid Provision. The Invalidity or unenforceability of any term or
-----------------
provision of this Agreement or the nonapplication of any such term or provision
to any person or circumstance shall not impair or affect the remainder of this
Agreement, and the remaining terms and provisions hereof shall not be
invalidated but shall remain in full force and effect and shall be construed as
if such invalid, unenforceable, or nonapplicable provision were omitted.

15. Nonqualified Stock Option. This Agreement shall be considered an individual
-------------------------
employee benefit plan for the Optionee.

IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the
day and year first above written.

"COMPANY" "OPTIONEE"

SAF T LOK INCORPORATED

By:___________________________ ____________________________
Franklin W. Brooks Stephen S. Eccher
CEO/Chairman of the Board
<PAGE>

EXHIBIT "A" TO STOCK OPTION AGREEMENT

NOTICE OF GRANT OF STOCK OPTION

This Agreement shall be considered an individual employee benefit plan for the
Optionee.

Name: Stephen S. Eccher

Address: _______________________________

________________________________

Social Security Number: ###-##-####

You have been granted a stock option to buy Saf T Lok Incorporated common stock
as follows:

Stock Option Grant Date...................................December 11, 1998
Type of Grant*.........................................................NQSO
Exercise Price per Share..............................................$1.09
Total Shares Granted.................................................50,000
Total Amount to Fully Exercise......................................$54,500
Expiration Date of the Grant..............................December 11, 2008

The vesting schedule for this grant is as follows:

1. 50,000 shares shall vest on June 1, 1999, so long as the employee has been
in Continuous Employment with the Company on that date and provided that,
on that date, he has not exercised all or part of the option for 10,000
shares of the Company's stock currently in his possession, and that at that
time he surrenders said option.

By Order of the Board of Directors of Saf T Lok Incorporated

Validated by: __________________________________________________________
Corporate Secretary

*ISO = Qualified Stock Option
NQSO = Nonqualified Stock Option
<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

A. Date of Stock Option Agreement: Dec. 11, 1998
-------------------.

B. Number of Shares covered by Agreement: 50,000
-----------.

C. Exercise price per share: $ 1.09
---------.

D. Number of shares of Common Stock actually to be assigned to undersigned
Assignee at this time: 5,000
---------.

Assignee may receive a copy of the Agreement by requesting one from Saf T Lok.
<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

Assignor:
- --------

Stephen S. Eccher 9/27/99 /s/ Stephen S. Eccher
- ------------------------------ ----------------------------
Optionee Name (PRINT) and Date Optionee Signature

Social Security #: 009 34 2780
-----------------

Residence: 4886 Kensington Circle
------------------------------------------------

Coral Springs, FL 33076
- -----------------------------------------------------------

Assignee: By signing below, Assignee agrees to be bound by all of the terms of
- --------
the Option Agreement with respect to the Option so assigned.

Emily Eccher 10/27/99 /s/ Emily Eccher
- ------------------------------ ------------------------
Assignee Name (PRINT) and Date Assignee Signature

Social Security #: 215 19 1881
----------------

Residence: 4886 Kensington Circle
------------------------------------------------

Coral Springs, FL 33076
- -----------------------------------------------------------

ACCEPTED:

SAF T LOK INCORPORATED

By: /s/ Franklin W. Brooks
--------------------------------

Title: CEO
------------------------------

Dated: October 27, 1999
------------------------------

Copy to be sent to Assignor and Assignee.
<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

A. Date of Stock Option Agreement: Dec. 11, 1998
----------------------------.

B. Number of Shares covered by Agreement: 50,000
---------------------.

C. Exercise price per share: $ 1.09
------------------------.

D. Number of shares of Common Stock actually to be assigned to undersigned
Assignee at this time: 5,000
-----------------.

Assignee may receive a copy of the Agreement by requesting one from Saf T Lok.
<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

Assignor:
- ---------

Stephen S. Eccher 9/27/99 /s/ Stephen S. Eccher
- -------------------------------- -----------------------------------
Optionee Name (PRINT) and Date Optionee Signature

Social Security #: 009 34 2780
-----------------------

Residence: 4886 Kensington Circle
--------------------------------------------------

Coral Springs, FL 33076
- --------------------------------------------------------------

ASSIGNEE: By signing below, Assignee agrees to be bound by all of the terms of
- --------
the Option Agreement with respect to the Option so assigned.

Stephen Brett Eccher /s/ Stephen Brett Eccher
- ------------------------------------ -----------------------------------
Assignee Name (PRINT) and Date Assignee Signature

Social Security #: 215 19 1664
-------------------

Residence: 4886 Kensington Circle
---------------------------------------------------

Coral Springs, FL 33076
- --------------------------------------------------------------

ACCEPTED:

SAF T LOK INCORPORATED

By: /s/ Franklin W. Brooks
--------------------------------------

Title: CEO
----------------------------------

Dated: October 27, 1999
----------------------------------

Copy to be sent to Assignor and Assignee.
<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

A. Date of Stock Option Agreement: Dec. 11, 1998
----------------------------.
B. Number of Shares covered by Agreement: 50,000
-------------------------.

C. Exercise price per share: $ 1.09
----------------------------.
D. Number of shares of Common Stock actually to be assigned to undersigned
Assignee at this time: 5,000
----------------------------.

Assignee may receive a copy of the Agreement by requesting one from Saf T Lok.
<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

Assignor:
- ---------

Stephen S. Eccher 9/27/99 /s/ Stephen S. Eccher
- ----------------------------- -------------------------------
Optionee Name (PRINT) and Date Optionee Signature

Social Security #: 009 34 2780
------------------

Residence: 4886 Kensington Circle
----------------------------------------------------

Coral Springs, FL 33076
- ---------------------------------------------------------------

Assignee: By signing below, Assignee agrees to be bound by all of the terms of
- --------
the Option Agreement with respect to the Option so assigned.

Stephenie D. Eccher /s/ Stephenie D. Eccher
- --------------------------------- ------------------------------
Assignee Name (PRINT) and Date Assignee Signature

Social Security #: 219 82 3077
--------------------

Residence: 2047 Champions Way
---------------------------------------------------------

North Lauderdale, FL 33068
- --------------------------------------------------------------

ACCEPTED:

SAF T LOK INCORPORATED

By: /s/ Franklin W. Brooks
-----------------------------------------

Title: CE\
-------------------------------------

Dated: October 27, 1999
-------------------------------------

Copy to be sent to Assignor and Assignee.
<PAGE>

September 1, 1999

Amendment to Stock Option Agreement
-----------------------------------

This is an amendment to the stock option agreement dated December 11, 1998
between Saf T Lok Incorporated and Stephen S. Eccher granting the Optionee the
option to purchase 50,000 shares of Saf T Lok Incorporated common stock at an
exercise price of $1.09 per share (the "Agreement").

The Agreement is amended as follows:

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Stephen S. Eccher
- -------------------------------- -----------------------------
Franklin W. Brooks, President Stephen S. Eccher
<PAGE>

September 29, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

1. The section of the Agreement entitled "Exercise of Option" shall be modified
to read as follows: "The Option shall be exercisable only during the term of the
Option."

2. The first sentence in the section of the Agreement entitled
"Nonassignability of Option Rights" shall be modified to read as follows: AThe
Option is exercisable only by Optionee or his legal representative, except in
the case of Optionee=s death, in which case the Option is exercisable by
Optionee=s estate=s personal representative and/or Optionee=s heirs.

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Stephen S. Eccher
- ----------------------- ----------------------
Franklin W. Brooks, President Stephen S. Eccher

<PAGE>

Exhibit 99.14

STOCK OPTION AGREEMENT

THIS STOCK OPTION AGREEMENT is effective as of the 11th day of December, 1998,
between SAF T LOK INCORPORATED, a Florida corporation (the "Company"), and
JEFFREY BROOKS (the "Optionee").

Background
----------

A. Optionee is currently an employee of the Company.

C. This Agreement shall be considered an individual employee benefit plan for
the Optionee.

Agreement
---------

In consideration of the mutual covenants and agreements contained herein and
other good and valuable constitutional, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

1. Grant of Option. The Company hereby grants to Optionee the right and
---------------
option (hereinafter referred to as the "Option") to purchase up to an aggregate
of 150,000 shares of the Company common stock (the "Stock") at an exercise price
equal to $1.09 per share (the "Exercise Price"), on the terms and conditions
herein set forth. The date of grant of the Option is the date set forth on
Exhibit "A" attached hereto.

2. Period of Option. The term of the Option shall be for a period of ten
----------------
years from the date hereof, subject to earlier termination as provided herein.
Prior to the expiration of the Option, Optionee may exercise the Option for
portions of the total option stock granted only in accordance with the vesting
schedule set forth on Exhibit "A" attached hereto.

3. Exercise of Option. The Option shall be exercisable only during the term
------------------
of the Option.

<PAGE>

1933, as amended the Florida Securities and Investor Protection Act, or the
securities laws of any other state.

5. Restrictive Legend. Optionee hereby agrees that certificates evidencing
------------------
the shares of stock purchased by Optionee pursuant to this Agreement shall be
stamped or otherwise imprinted with a conspicuous legend in substantially the
following form:

These shares have not been registered under the Securities
Act of 1933, as amended, the Florida Securities and Investor
Protection Act or any other state securities laws, and
therefore, cannot be sold unless they are subsequently
registered under the Act and any applicable state securities
laws, or unless an exemption from registration is available.

6. Nonassignability of Option Rights. The Option is exercisable only by
---------------------------------
Optionee, except in the case of Optionee's death while in Continuous Employment
of the company, in which case the Option is exercisable by Optionee's estate's
personal representative pursuant to paragraph 3(c), and except in the case of
Optionee's termination due to disability occurring during Continuous Employment
with Saf T Lok, in which case the Option is exercisable, if necessary, by
Optionee's legal representative pursuant to paragraph 3(d). The Option may not
be sold, exchanged, assigned, pledged, encumbered, hypothecated, or otherwise
transferred except by will or by the laws of descent and distribution. The
Option shall not be subject to execution, attachment, or similar process. Upon
any attempt to sell, exchange, assign, pledge, encumber, hypothecate, or
otherwise transfer the Option or any right thereunder, the Option and all rights
thereunder shall immediately become null and void.

(a) Payment for Option Stock. The exercise of this Option shall be
------------------------
contingent upon receipt by the Company of cash or certified bank check to
its order, shares of the Company's Common Stock or cancellation of a vested
portion of the Stock Option, or any combination of the foregoing in an
amount equal to the full option price of the shares of Stock being
purchased. The Optionee shall have no rights as a shareholder with respect
to any shares covered by his Option until the exercise of the Option and
the date of issuance of a certificate to him for such shares. No adjustment
shall be made for dividends or other rights for which the record date is
prior to the date such certificate is issued.

<PAGE>

(b) Delivery of Stock to Optionee. Provided the Optionee has delivered
-----------------------------
proper notice of exercise and full payment of the option price, the Company
shall undertake and follow all necessary procedures to make prompt delivery
of the number of shares of Stock which the Optionee elects to purchase at
the time specified in such notice. Such delivery, however, may be postponed
at the sole discretion of the company to enable the Company to comply with
any applicable procedures, regulations or listing requirements of any
governmental agency, stock exchange or regulatory authority. As a condition
to the issuance of shares of Stock, the Company may require such additional
payments from the Optionee as may be required to allow the Company to
withhold any income taxes which the Company deems necessary to insure the
Company that it can comply with any federal or state income tax withholding
requirements.

9. Governing Law. This Agreement shall be governed by, interpreted under, and
-------------
construed in accordance with the laws of the State of Florida.

10. Binding Effect. This Agreement will inure to the benefit of and be binding
--------------
on the Company, its successors and assigns, including but not limited to, any
company or entity that may acquire all or substantially all of the Company's
assets and business or into which the company may be consolidated or merged, and
on Optionee and except as set forth in paragraph 6 above, their heirs, legal
representatives, and successors, as the case may be.

13. Number and Gender. Whenever used herein, singular numbers shall include the
-----------------
plural, the singular, and the use of any gender shall include all genders.

<PAGE>

remaining terms and provisions hereof shall not be invalidated but shall remain
in full force and effect and shall be construed as if such invalid,
unenforceable, or nonapplicable provision were omitted.

15. Nonqualified Stock Option. This Agreement shall be considered an
-------------------------
individual employee benefit plan for the Optionee.

IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the
day and year first above written.

"COMPANY" "OPTIONEE"

SAF T LOK INCORPORATED

By:_______________________________ __________________________________
Franklin W. Brooks Jeffrey Brooks
CEO/Chairman of the Board

<PAGE>

EXHIBIT "A" TO STOCK OPTION AGREEMENT

NOTICE OF GRANT OF STOCK OPTION

This Agreement shall be considered an individual employee benefit plan for the
Optionee.

Name: Jeffrey Brooks

Address: _______________________________

________________________________

Social Security Number: ###-##-####

You have been granted a stock option to buy Saf T Lok Incorporated common stock
as follows:

Stock Option Grant Date.................................December 11, 1998
Type of Grant*.......................................................NQSO
Exercise Price per Share............................................$1.09
Total Shares Granted..............................................150,000
Total Amount to Fully Exercise...................................$163,500
Expiration Date of the Grant............................December 11, 2008

The vesting schedule for this grant is as follows:

1. The option to purchase 150,000 shares shall vest on January 1, 1999

By Order of the Board of Directors of Saf T Lok Incorporated

Validated by: __________________________________________________________
Corporate Secretary

*ISO = Qualified Stock Option
NQSO = Nonqualified Stock Option

<PAGE>

September 1, 1999

Amendment to Stock Option Agreement
-----------------------------------

This is an amendment to the stock option agreement dated December 11, 1998
between Saf T Lok Incorporated and Jeffrey Brooks granting the Optionee the
option to purchase 150,000 shares of Saf T Lok Incorporated common stock at an
exercise price of $1.09 per share (the "Agreement").

The Agreement is amended as follows:

1.b. The following sentences shall be added to the end of the section of the
Agreement entitled "Nonassignability of Option Rights:" "Notwithstanding any
provision of this Agreement to the contrary, Options granted hereunder which
have vested may be assigned to a member of Optionee's immediate family; provided
that: (i) the Optionee provides the Company with written notice of assignment;
(ii) the assignee agrees, in writing, to be bound by the terms of the Option
Agreement with respect to the Option so assigned; and (iii) the assignment does
not conflict with the provisions of applicable Federal or State securities laws.
Upon compliance with the foregoing the assignee shall become the Optionee under
this agreement with respect to the portion of the Option so assigned. For
purposes of this Section, the term "immediate family" shall consist solely of
Optionee's (A) child(ren), (B) spouse or former spouse, (C) stepchild(ren), (D)
parent(s), (E) sibling(s), (F) stepparent(s), (G) grandchild(ren), (H) mother-
in-law, father-in-law, brother-in-law, sister-in-law, (I) grandparent(s), (J)
niece(s) and nephew(s), (K) any person(s) sharing the Optionee's household
(other than a tenant or employee), and (L) trusts for the exclusive benefit of
any of the foregoing persons."

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Jeffrey Brooks
- ------------------------------ --------------------------
Franklin W. Brooks, President Jeffrey Brooks
<PAGE>

September 29, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

1. The section of the Agreement entitled "Exercise of Option" shall be
modified to read as follows: "The Option shall be exercisable only during the
term of the Option."

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Jeffrey Brooks
- ----------------------------------- ---------------------------
Franklin W. Brooks, President Jeffrey Brooks

<PAGE>

Exhibit 99.15

STOCK OPTION AGREEMENT

THIS STOCK OPTION AGREEMENT is effective as of the 11/th/ day of December, 1998,
between SAF T LOK INCORPORATED, a Florida corporation (the "Company"), and
WILLIAM SCHMIDT (the "Optionee").

Background
----------

A. Optionee is currently an employee of the Company.

C. This Agreement shall be considered an individual employee benefit plan for
the Optionee.

Agreement
---------

In consideration of the mutual covenants and agreements contained herein and
other good and valuable constitutional, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

1. Grant of Option. The Company hereby grants to Optionee the right and
---------------
option (hereinafter referred to as the "Option") to purchase up to an aggregate
of 150,000 shares of the Company common stock (the "Stock") at an exercise
price equal to $1.09 per share (the "Exercise Price"), on the terms and
conditions herein set forth. The date of grant of the Option is the date set
forth on Exhibit "A" attached hereto.

3. Exercise of Option. The Option shall be exercisable only during the term
------------------
of the Option.

<PAGE>

1933, as amended the Florida Securities and Investor Protection Act, or the
securities laws of any other state.

These shares have not been registered under the Securities
Act of 1933, as amended, the Florida Securities and Investor
Protection Act or any other state securities laws, and
therefore, cannot be sold unless they are subsequently
registered under the Act and any applicable state securities
laws, or unless an exemption from registration is available.

(a) Payment for Option Stock. The exercise of this Option shall be
------------------------
contingent upon receipt by the Company of cash or certified bank check to
its order, shares of the Company's Common Stock or cancellation of a vested
portion of the Stock Option, or any combination of the foregoing in an
amount equal to the full option price of the shares of Stock being
purchased. The Optionee shall have no rights as a shareholder with respect
to any shares covered by his Option until the exercise of the Option and
the date of issuance of a certificate to him for such shares. No adjustment
shall be made for dividends or other rights for which the record date is
prior to the date such certificate is issued.

<PAGE>

(b) Delivery of Stock to Optionee. Provided the Optionee has delivered
-----------------------------
proper notice of exercise and full payment of the option price, the Company
shall undertake and follow all necessary procedures to make prompt delivery
of the number of shares of Stock which the Optionee elects to purchase at
the time specified in such notice. Such delivery, however, may be postponed
at the sole discretion of the company to enable the Company to comply with
any applicable procedures, regulations or listing requirements of any
governmental agency, stock exchange or regulatory authority. As a condition
to the issuance of shares of Stock, the Company may require such additional
payments from the Optionee as may be required to allow the Company to
withhold any income taxes which the Company deems necessary to insure the
Company that it can comply with any federal or state income tax withholding
requirements.

9. Governing Law. This Agreement shall be governed by, interpreted under, and
-------------
construed in accordance with the laws of the State of Florida.

10. Binding Effect. This Agreement will inure to the benefit of and be binding
--------------
on the Company, its successors and assigns, including but not limited to, any
company or entity that may acquire all or substantially all of the Company's
assets and business or into which the company may be consolidated or merged, and
on Optionee and except as set forth in paragraph 6 above, their heirs, legal
representatives, and successors, as the case may be.

13. Number and Gender. Whenever used herein, singular numbers shall include the
-----------------
plural, the singular, and the use of any gender shall include all genders.

<PAGE>

15. Nonqualified Stock Option. This Agreement shall be considered an
-------------------------
individual employee benefit plan for the Optionee.

IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the
day and year first above written.

"COMPANY" "OPTIONEE"

SAF T LOK INCORPORATED

By:_______________________________ __________________________________
Franklin W. Brooks William Schmidt
CEO/Chairman of the Board

<PAGE>

EXHIBIT "A" TO STOCK OPTION AGREEMENT

NOTICE OF GRANT OF STOCK OPTION

This Agreement shall be considered an individual employee benefit plan for the
Optionee.

Name: William Schmidt

Address: _______________________________

_______________________________

Social Security Number: ###-##-####

You have been granted a stock option to buy Saf T Lok Incorporated common stock
as follows:

The vesting schedule for this grant is as follows:

1. The option to purchase 150,000 shares shall vest on January 1, 1999.

By Order of the Board of Directors of Saf T Lok Incorporated

Validated by: __________________________________________________________
Corporate Secretary

*ISO = Qualified Stock Option
NQSO = Nonqualified Stock Option

<PAGE>

September 1, 1999

Amendment to Stock Option Agreement
-----------------------------------

This is an amendment to the stock option agreement dated December 11, 1998
between Saf T Lok Incorporated and William Schmidt granting the Optionee the
option to purchase 150,000 shares of Saf T Lok Incorporated common stock at an
exercise price of $1.09 per share (the "Agreement").

The Agreement is amended as follows:

1.b. The following sentences shall be added to the end of the section of the
Agreement entitled "Nonassignability of Option Rights:" "Notwithstanding any
provision of this Agreement to the contrary, Options granted hereunder which
have vested may be assigned to a member of Optionee's immediate family; provided
that: (i) the Optionee provides the Company with written notice of assignment;
(ii) the assignee agrees, in writing, to be bound by the terms of the Option
Agreement with respect to the Option so assigned; and (iii) the assignment does
not conflict with the provisions of applicable Federal or State securities laws.
Upon compliance with the foregoing the assignee shall become the Optionee under
this agreement with respect to the portion of the Option so assigned. For
purposes of this Section, the term "immediate family" shall consist solely of
Optionee's (A) child(ren), (B) spouse or former spouse, (C) stepchild(ren) , (D)
parent(s), (E) sibling(s), (F) stepparent(s), (G) grandchild(ren), (H)
mother-in-law, father-in-law, brother-in-law, sister-in-law, (I) grandparent(s),
(J) niece(s) and nephew(s), (K) any person(s) sharing the Optionee's household
(other than a tenant or employee), and (L) trusts for the exclusive benefit of
any of the foregoing persons."

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ William Schmidt
- ------------------------------- -----------------------------
Franklin W. Brooks, President William Schmidt
<PAGE>

September 29, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

1. The section of the Agreement entitled "Exercise of Option" shall be
modified to read as follows: "The Option shall be exercisable only during the
term of the Option."

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ William Schmidt
- ------------------------------- ------------------------
Franklin W. Brooks, President William Schmidt

<PAGE>

Exhibit 99.16

STOCK OPTION AGREEMENT

THIS STOCK OPTION AGREEMENT is effective as of the 11th day of December, 1998,
between SAF T LOK INCORPORATED, a Florida corporation (the "Company"), and
EUGENE HORANOFF (the "Optionee").

Background
----------

A. Optionee is currently an employee of the Company.

C. This Agreement shall be considered an individual employee benefit plan for
the Optionee.

Agreement
---------

In consideration of the mutual covenants and agreements contained herein and
other good and valuable constitutional, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

3. Exercise of Option. The Option shall be exercisable only during the term
------------------
of the Option.

<PAGE>

1933, as amended the Florida Securities and Investor Protection Act, or the
securities laws of any other state.

These shares have not been registered under the Securities
Act of 1933, as amended, the Florida Securities and Investor
Protection Act or any other state securities laws, and
therefore, cannot be sold unless they are subsequently
registered under the Act and any applicable state securities
laws, or unless an exemption from registration is available.

(a) Payment for Option Stock. The exercise of this Option shall be
------------------------
contingent upon receipt by the Company of cash or certified bank check to
its order, shares of the Company's Common Stock or cancellation of a vested
portion of the Stock Option, or any combination of the foregoing in an
amount equal to the full option price of the shares of Stock being
purchased. The Optionee shall have no rights as a shareholder with respect
to any shares covered by his Option until the exercise of the Option and
the date of issuance of a certificate to him for such shares. No adjustment
shall be made for dividends or other rights for which the record date is
prior to the date such certificate is issued.

<PAGE>

(b) Delivery of Stock to Optionee. Provided the Optionee has delivered
-----------------------------
proper notice of exercise and full payment of the option price, the Company
shall undertake and follow all necessary procedures to make prompt delivery
of the number of shares of Stock which the Optionee elects to purchase at
the time specified in such notice. Such delivery, however, may be postponed
at the sole discretion of the company to enable the Company to comply with
any applicable procedures, regulations or listing requirements of any
governmental agency, stock exchange or regulatory authority. As a condition
to the issuance of shares of Stock, the Company may require such additional
payments from the Optionee as may be required to allow the Company to
withhold any income taxes which the Company deems necessary to insure the
Company that it can comply with any federal or state income tax withholding
requirements.

9. Governing Law. This Agreement shall be governed by, interpreted under, and
-------------
construed in accordance with the laws of the State of Florida.

10. Binding Effect. This Agreement will inure to the benefit of and be binding
--------------
on the Company, its successors and assigns, including but not limited to, any
company or entity that may acquire all or substantially all of the Company's
assets and business or into which the company may be consolidated or merged, and
on Optionee and except as set forth in paragraph 6 above, their heirs, legal
representatives, and successors, as the case may be.

13. Number and Gender. Whenever used herein, singular numbers shall include
-----------------
the plural, the singular, and the use of any gender shall include all genders.

<PAGE>

15. Nonqualified Stock Option. This Agreement shall be considered an
-------------------------
individual employee benefit plan for the Optionee.

IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the
day and year first above written.

"COMPANY" "OPTIONEE"

SAF T LOK INCORPORATED

By:_________________________________ ____________________________________
Franklin W. Brooks Eugene Horanoff
CEO/Chairman of the Board

<PAGE>

EXHIBIT "A" TO STOCK OPTION AGREEMENT

NOTICE OF GRANT OF STOCK OPTION

This Agreement shall be considered an individual employee benefit plan for the
Optionee.

Name: Eugene Horanoff

Address: _______________________________

________________________________

Social Security Number: ###-##-####

You have been granted a stock option to buy Saf T Lok Incorporated common stock
as follows:

The vesting schedule for this grant is as follows:

1. The option to purchase 150,000 shares shall vest on January 1, 1999.

By Order of the Board of Directors of Saf T Lok Incorporated

Validated by: __________________________________________________________
Corporate Secretary

*ISO = Qualified Stock Option
NQSO = Nonqualified Stock Option

<PAGE>

September 1, 1999

Amendment to Stock Option Agreement
-----------------------------------

This is an amendment to the stock option agreement dated December 11, 1998
between Saf T Lok Incorporated and Eugene Horanoff granting the Optionee the
option to purchase 150,000 shares of Saf T Lok Incorporated common stock at an
exercise price of $1.09 per share (the "Agreement").

The Agreement is amended as follows:

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Eugene Horanoff
- ---------------------------------- ----------------------------
Franklin W. Brooks, President Eugene Horanoff
<PAGE>

September 29, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

1. The section of the Agreement entitled "Exercise of Option" shall be
modified to read as follows: "The Option shall be exercisable only during the
term of the Option."

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Eugene Horanoff
- -------------------------------- --------------------
Franklin W. Brooks, President Eugene Horanoff

<PAGE>

Exhibit 99.17

STOCK OPTION AGREEMENT

THIS STOCK OPTION AGREEMENT is effective as of the 11th day of December, 1998,
between SAF T LOK INCORPORATED, a Florida corporation (the "Company"), and
JACQUELINE COFER (the "Optionee").

Background
----------

A. Optionee is currently an employee of the Company.

C. This Agreement shall be considered an individual employee benefit plan for
the Optionee.

Agreement
---------

In consideration of the mutual covenants and agreements contained herein and
other good and valuable constitutional, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

1. Grant of Option. The Company hereby grants to Optionee the right and
---------------
option (hereinafter referred to as the "Option") to purchase up to an aggregate
of 75,000shares of the Company common stock (the "Stock") at an exercise price
equal to $1.09 per share (the "Exercise Price"), on the terms and conditions
herein set forth. The date of grant of the Option is the date set forth on
Exhibit "A" attached hereto.

3. Exercise of Option. The Option shall be exercisable only during the term
------------------
of the Option.

<PAGE>

1933, as amended the Florida Securities and Investor Protection Act, or the
securities laws of any other state.

7. Method of Exercise. Optionee may exercise the Option, in whole or in
------------------
part, by written notice to the Company stating in such written notice the number
of shares of Stock such Optionee elects to purchase under the Option, and the
time of the delivery thereof, which time shall be at least 15 days after the
giving of such notice, unless an earlier date shall have been mutually agreed
upon. Upon receipt of such written notice, the Company shall provide the
Optionee with that information required by the applicable state and federal
securities laws. If, after receipt of such information, Optionee desires to
withdraw such notice of exercise, Optionee may withdraw such notice of exercise
by notifying the Company, in writing, prior to the time set forth for delivery
of the shares of Stock. In no event may the Option be exercised after the
expiration of its term. Optionee is under no obligation to exercise an Option or
any part thereof.

(a) Payment for Option Stock. The exercise of this Option shall be
------------------------
contingent upon receipt by the Company of cash or certified bank check to
its order, shares of the Company's Common Stock or cancellation of a vested
portion of the Stock Option, or any combination of the foregoing in an
amount equal to the full option price of the shares of Stock being
purchased. The Optionee shall have no rights as a shareholder with respect
to any shares covered by his Option until the exercise of the Option and
the date of issuance of a certificate to him for such shares. No adjustment
shall be made for dividends or other rights for which the record date is
prior to the date such certificate is issued.

<PAGE>

(b) Delivery of Stock to Optionee. Provided the Optionee has delivered
-----------------------------
proper notice of exercise and full payment of the option price, the Company
shall undertake and follow all necessary procedures to make prompt delivery
of the number of shares of Stock which the Optionee elects to purchase at
the time specified in such notice. Such delivery, however, may be postponed
at the sole discretion of the company to enable the Company to comply with
any applicable procedures, regulations or listing requirements of any
governmental agency, stock exchange or regulatory authority. As a condition
to the issuance of shares of Stock, the Company may require such additional
payments from the Optionee as may be required to allow the Company to
withhold any income taxes which the Company deems necessary to insure the
Company that it can comply with any federal or state income tax withholding
requirements.

9. Governing Law. This Agreement shall be governed by, interpreted under, and
-------------
construed in accordance with the laws of the State of Florida.

10. Binding Effect. This Agreement will inure to the benefit of and be
--------------
binding on the Company, its successors and assigns, including but not limited
to, any company or entity that may acquire all or substantially all of the
Company's assets and business or into which the company may be consolidated or
merged, and on Optionee and except as set forth in paragraph 6 above, their
heirs, legal representatives, and successors, as the case may be.

12. Waiver of Modification. No waiver or modification of this Agreement or
----------------------
of any convenant, condition, or limitation herein contained shall be valid
unless in writing and duly executed by the party to be charged therewith.
Furthermore, no evidence of any waiver or modification shall be offered or
received in evidence in any proceeding, arbitration, or litigation between the
parties arising out of or affecting this Agreement or the rights or obligations
of any party hereunder, unless such waiver or modification is in writing and
duly executed as aforesaid. The provisions of this paragraph may not be waived
except as herein set forth.

13. Number and Gender. Whenever used herein, singular numbers shall include
-----------------
the plural, the singular, and the use of any gender shall include all genders.

<PAGE>

15. Nonqualified Stock Option. This Agreement shall be considered an
-------------------------
individual employee benefit plan for the Optionee.

IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the
day and year first above written.

"COMPANY" "OPTIONEE"

SAF T LOK INCORPORATED

By:___________________________ ____________________________
Franklin W. Brooks Jacqueline Cofer
CEO/Chairman of the Board

<PAGE>

EXHIBIT "A" TO STOCK OPTION AGREEMENT

NOTICE OF GRANT OF STOCK OPTION

This Agreement shall be considered an individual employee benefit plan for the
Optionee.

Name: Jacqueline Cofer

Address: _______________________________

________________________________

Social Security Number: ###-##-####

You have been granted a stock option to buy Saf T Lok Incorporated common stock
as follows:

Stock Option Grant Date.................................December 11, 1998
Type of Grant*.......................................................NQSO
Exercise Price per Share............................................$1.09
Total Shares Granted...............................................75,000
Total Amount to Fully Exercise....................................$81,750
Expiration Date of the Grant............................December 11, 2008

The vesting schedule for this grant is as follows:

1. The option to purchase 75,000 shares shall vest on January 1, 1999.

By Order of the Board of Directors of Saf T Lok Incorporated

Validated by: __________________________________________________________
Corporate Secretary

*ISO = Qualified Stock Option
NQSO = Nonqualified Stock Option

<PAGE>

September 1, 1999

Amendment to Stock Option Agreement
-----------------------------------

This is an amendment to the stock option agreement dated December 11, 1998
between Saf T Lok Incorporated and Jacqueline Cofer granting the Optionee the
option to purchase 75,000 shares of Saf T Lok Incorporated common stock at an
exercise price of $1.09 per share (the "Agreement").

The Agreement is amended as follows:

1.b. The following sentences shall be added to the end of the section of the
Agreement entitled "Nonassignability of Option Rights:" "Notwithstanding any
provision of this Agreement to the contrary, Options granted hereunder which
have vested may be assigned to a member of Optionee's immediate family; provided
that: (i) the Optionee provides the Company with written notice of assignment;
(ii) the assignee agrees, in writing, to be bound by the terms of the Option
Agreement with respect to the Option so assigned; and (iii) the assignment does
not conflict with the provisions of applicable Federal or State securities laws.
Upon compliance with the foregoing the assignee shall become the Optionee under
this agreement with respect to the portion of the Option so assigned. For
purposes of this Section, the term "immediate family" shall consist solely of
Optionee's (A) child(ren), (B) spouse or former spouse, (C) stepchild(ren), (D)
parent(s), (E) sibling(s), (F) stepparent(s), (G) grandchild(ren), (H)
mother-in-law, father-in-law, brother-in-law, sister-in-law, (I) grandparent(s),
(J) niece(s) and nephew(s), (K) any person(s) sharing the Optionee's household
(other than a tenant or employee), and (L) trusts for the exclusive benefit of
any of the foregoing persons."

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Jacqueline Cofer
- --------------------------------- ------------------------------
Franklin W. Brooks, President Jacqueline Cofer
<PAGE>

September 29, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

1. The section of the Agreement entitled "Exercise of Option" shall be
modified to read as follows: "The Option shall be exercisable only during the
term of the Option."

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Jacqueline Cofer
- ----------------------------------- ----------------------------
Franklin W. Brooks, President Jacqueline Cofer

<PAGE>

EXHIBIT 99.22

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

A. Date of Stock Option Agreement: Dec. 18, 1997.
--------------------

B. Number of Shares covered by Agreement: 1,000,000.
---------------

C. Exercise price per share: $ 1.19.
----------

D. Number of shares of Common Stock actually to be assigned to undersigned
Assignee at this time: 150,000.
--------------

Assignee may receive a copy of the Agreement by requesting one from Saf T Lok.

<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

Assignor:
- ---------

Franklin W. Brooks 11/2/99 /s/ Franklin W. Brooks
- ------------------------------ --------------------------------
Optionee Name (PRINT) and Date Optionee Signature

Social Security #: 138 26 9103
------------------

Residence: 7689 S.E. Rivers Edge St.
-------------------------------------------
Jupiter, FL 33458
- -----------------------------------------------------

Assignee: By signing below, Assignee agrees to be bound by all of the terms of
- --------
the Option Agreement with respect to the Option so assigned.

Debbie Glass 11/2/99 /s/ Debbie Glass
- ------------------------------ ---------------------------------
Assignee Name (PRINT) and Date Assignee Signature

Social Security #: 265 47 5526
------------------

Residence: 19930 Earlwood Drive
-------------------------------------------
Jupiter, FL 33458
- -----------------------------------------------------

ACCEPTED:

SAF T LOK INCORPORATED

By: /s/ William W. Schmidt
------------------------------

Title: CFO
---------------------------

Dated: Nov. 2, 1999
---------------------------

Copy to be sent to Assignor and Assignee.

<PAGE>

STOCK OPTION AGREEMENT

THIS STOCK OPTION AGREEMENT is effective as of the 18th day of December, 1997,
between SAF T LOK INCORPORATED, a Florida corporation (the "Company"), and
FRANKLIN W. BROOKS (the "Optionee").

Background
----------

A. Optionee is currently a director of the Company.

C. This Agreement shall be considered an individual benefit plan for the
Optionee.

Agreement
---------

In consideration of the mutual covenants and agreements contained herein and
other good and valuable consideration, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

<PAGE>

These shares have not been registered under the Securities
Act of 1933, as amended, the Florida Securities and
Investor Protection Act or any other state securities laws,
and therefore, cannot be sold unless they are subsequently
registered under the Act and any applicable state
securities laws, or unless an exemption from registration
is available.

<PAGE>

(b) Delivery of Stock to Optionee. Provided the Optionee has delivered
-----------------------------
proper notice of exercise and full payment of the option price, the Company
shall undertake and follow all necessary procedures to make prompt delivery of
the number of shares of Stock which the Optionee elects to purchase at the time
specified in such notice. Such delivery, however, may be postponed at the sole
discretion of the Company to enable the Company to comply with any applicable
procedures, regulations or listing requirements of any governmental agency,
stock exchange or regulatory authority. As a condition to the issuance of shares
of Stock, the Company may require such additional payments from the Optionee as
may be required to allow the Company to withhold any income taxes which the
Company deems necessary to insure the Company that it can comply with any
federal or state income tax withholding requirements.

10. Governing Law. This Agreement shall be governed by, interpreted under, and
-------------
construed in accordance with the laws of the State of Florida.

11. Binding Effect. This Agreement will inure to the benefit of and be binding
--------------
on the Company, its successors and assigns, including but not limited to, any
company or entity

<PAGE>

14. Number and Gender. Whenever used herein, singular numbers shall include
-----------------
the plural, the singular, and the use of any gender shall include all genders.

IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the
day and year first above written.

"COMPANY" "OPTIONEE"

SAF T LOK INCORPORATED

By:___________________________ ____________________________
John L. Gardner Name: Franklin W. Brooks
President, Chief Executive Officer

<PAGE>

EXHIBIT "A" TO STOCK OPTION AGREEMENT

NOTICE OF GRANT OF STOCK OPTION

This Agreement shall be considered an individual benefit plan for the Optionee.

Name: Franklin W. Brooks

Address: ________________________________

________________________________

Social Security Number: ________________________

You have been granted a stock option to buy Saf T Lok Incorporated common stock
as follows:

The vesting schedule for this grant is as follows:

1. The option to purchase 250,000 shares is vested.

2. The option to purchase 250,000 shares shall vest on December 18, 1998.*

3. The option to purchase 250,000 shares shall vest on December 18, 1999.*

4. The option to purchase 250,000 shares shall vest on December 18, 2000.*

*Subject to the provisions of section 3 of this Stock Option Agreement.

By Order of the Board of Directors of Saf T Lok Incorporated

Validated by: __________________________________________________________
Corporate Secretary

*ISO = Qualified Stock Option
NQSO = Nonqualified Stock Option

<PAGE>

November 2, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

The exercise price is repriced to $1.19 per share, the closing market price on
November 2, 1999 which is the effective date set by the Resolution of the Board
of Directors of Saf T Lok Incorporated.

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Franklin W. Brooks
- --------------------------------- ------------------------------
Franklin W. Brooks, President Franklin W. Brooks
<PAGE>

September 1, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Franklin W. Brooks
- ------------------------------ ----------------------------
Franklin W. Brooks, President Franklin W. Brooks

<PAGE>

EXHIBIT 99.23

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

A. Date of Stock Option Agreement: Dec. 18, 1997.
--------------

B. Number of Shares covered by Agreement: 1,000,000.
----------

C. Exercise price per share: $ 1.19.
-------

D. Number of shares of Common Stock actually to be assigned to undersigned
Assignee at this time: 150,000.
---------

Assignee may receive a copy of the Agreement by requesting one from Saf T Lok.

<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

ASSIGNOR:
- ---------

Franklin W. Brooks 11/2/99 /s/ Franklin W. Brooks
- ------------------------------------ -----------------------
Optionee Name (PRINT) and Date Optionee Signature

Social Security #: 138 26 9103
-----------

Residence: 7689 S.E. Rivers Edge St.
----------------------------------------------------------------------

Jupiter, FL 33458
- --------------------------------------------------------------------------------

ASSIGNEE: By signing below, Assignee agrees to be bound by all of the terms of
- --------
the Option Agreement with respect to the Option so assigned.

Bobbi Bretz 11/2/99 /s/ Bobbi Bretz
- ------------------------------------ --------------------
Assignee Name (PRINT) and Date Assignee Signature

Social Security #: 594 16 7026
-----------------------------

Residence: 15925 115/th/ Ave. N.
----------------------------------------------------------------------

Jupiter, FL 33478
- --------------------------------------------------------------------------------

ACCEPTED:

SAF T LOK INCORPORATED

By: /s/ William W. Schmidt
----------------------

Title: CFO
----------------------

Dated: Nov. 2, 1999
----------------------

Copy to be sent to Assignor and Assignee.

<PAGE>

STOCK OPTION AGREEMENT

THIS STOCK OPTION AGREEMENT is effective as of the 18th day of December, 1997,
between SAF T LOK INCORPORATED, a Florida corporation (the "Company"), and
FRANKLIN W. BROOKS (the "Optionee").

Background
----------

A. Optionee is currently a director of the Company.

C. This Agreement shall be considered an individual benefit plan for the
Optionee.

Agreement
---------

In consideration of the mutual covenants and agreements contained herein and
other good and valuable consideration, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

<PAGE>

These shares have not been registered under the Securities
Act of 1933, as amended, the Florida Securities and
Investor Protection Act or any other state securities laws,
and therefore, cannot be sold unless they are subsequently
registered under the Act and any applicable state
securities laws, or unless an exemption from registration
is available.

<PAGE>

(b) Delivery of Stock to Optionee. Provided the Optionee has delivered
-----------------------------
proper notice of exercise and full payment of the option price, the Company
shall undertake and follow all necessary procedures to make prompt delivery of
the number of shares of Stock which the Optionee elects to purchase at the time
specified in such notice. Such delivery, however, may be postponed at the sole
discretion of the Company to enable the Company to comply with any applicable
procedures, regulations or listing requirements of any governmental agency,
stock exchange or regulatory authority. As a condition to the issuance of shares
of Stock, the Company may require such additional payments from the Optionee as
may be required to allow the Company to withhold any income taxes which the
Company deems necessary to insure the Company that it can comply with any
federal or state income tax withholding requirements.

10. Governing Law. This Agreement shall be governed by, interpreted under, and
-------------
construed in accordance with the laws of the State of Florida.

11. Binding Effect. This Agreement will inure to the benefit of and be binding
--------------
on the Company, its successors and assigns, including but not limited to, any
company or entity

<PAGE>

14. Number and Gender. Whenever used herein, singular numbers shall include
-----------------
the plural, the singular, and the use of any gender shall include all genders.

IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the
day and year first above written.

"COMPANY" "OPTIONEE"

SAF T LOK INCORPORATED

By:___________________________ ____________________________
John L. Gardner Name: Franklin W. Brooks
President, Chief Executive Officer

<PAGE>

EXHIBIT "A" TO STOCK OPTION AGREEMENT

NOTICE OF GRANT OF STOCK OPTION

This Agreement shall be considered an individual benefit plan for the Optionee.

Name: Franklin W. Brooks

Address: ________________________________

________________________________

Social Security Number: ________________________

You have been granted a stock option to buy Saf T Lok Incorporated common stock
as follows:

The vesting schedule for this grant is as follows:

1. The option to purchase 250,000 shares is vested.

2. The option to purchase 250,000 shares shall vest on December 18, 1998.*

3. The option to purchase 250,000 shares shall vest on December 18, 1999.*

4. The option to purchase 250,000 shares shall vest on December 18, 2000.*

*Subject to the provisions of section 3 of this Stock Option Agreement.

By Order of the Board of Directors of Saf T Lok Incorporated

Validated by: __________________________________________________________
Corporate Secretary

*ISO = Qualified Stock Option
NQSO = Nonqualified Stock Option

<PAGE>

November 2, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

The exercise price is repriced to $1.19 per share, the closing market price on
November 2, 1999 which is the effective date set by the Resolution of the Board
of Directors of Saf T Lok Incorporated.

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Franklin W. Brooks
- --------------------------------- ------------------------------
Franklin W. Brooks, President Franklin W. Brooks
<PAGE>

September 1, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Franklin W. Brooks
- ------------------------------ ----------------------------
Franklin W. Brooks, President Franklin W. Brooks

<PAGE>

EXHIBIT 99.24

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

A. Date of Stock Option Agreement: Dec. 18, 1997.
-------------------

B. Number of Shares covered by Agreement: 1,000,000.
----------------

C. Exercise price per share: $ 1.19.
----------

D. Number of shares of Common Stock actually to be assigned to undersigned
Assignee at this time: 75,000.
-------------

Assignee may receive a copy of the Agreement by requesting one from Saf T Lok.

<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

Assignor:
- ---------

Franklin W. Brooks 11/2/99 /s/ Franklin W. Brooks
- ------------------------------ ------------------------------
Optionee Name (PRINT) and Date Optionee Signature

Social Security #: 138 26 9103
-------------------

Residence: 7689 S.E. Rivers Edge St.
------------------------------------
Jupiter, FL 33458
- ----------------------------------------------

Assignee: By signing below, Assignee agrees to be bound by all of the terms of
- --------
the Option Agreement with respect to the Option so assigned.

Jacquie Cofer 11/2/99 /s/ Jacquie Cofer
- ------------------------------ --------------------------------
Assignee Name (PRINT) and Date Assignee Signature

Social Security #: 589 01 0269
-----------------

Residence: 15720 112th Drive N.
------------------------------------
Jupiter, FL 33478
- ----------------------------------------------

ACCEPTED:

SAF T LOK INCORPORATED

By: /s/ William W. Schmidt
-----------------------------

Title: CFO
--------------------------

Dated: Nov. 2, 1999
--------------------------

Copy to be sent to Assignor and Assignee.

<PAGE>

STOCK OPTION AGREEMENT

THIS STOCK OPTION AGREEMENT is effective as of the 18th day of December, 1997,
between SAF T LOK INCORPORATED, a Florida corporation (the "Company"), and
FRANKLIN W. BROOKS (the "Optionee").

Background
----------

A. Optionee is currently a director of the Company.

C. This Agreement shall be considered an individual benefit plan for the
Optionee.

Agreement
---------

In consideration of the mutual covenants and agreements contained herein and
other good and valuable consideration, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

<PAGE>

These shares have not been registered under the Securities
Act of 1933, as amended, the Florida Securities and
Investor Protection Act or any other state securities laws,
and therefore, cannot be sold unless they are subsequently
registered under the Act and any applicable state
securities laws, or unless an exemption from registration
is available.

<PAGE>

(b) Delivery of Stock to Optionee. Provided the Optionee has delivered
-----------------------------
proper notice of exercise and full payment of the option price, the Company
shall undertake and follow all necessary procedures to make prompt delivery of
the number of shares of Stock which the Optionee elects to purchase at the time
specified in such notice. Such delivery, however, may be postponed at the sole
discretion of the Company to enable the Company to comply with any applicable
procedures, regulations or listing requirements of any governmental agency,
stock exchange or regulatory authority. As a condition to the issuance of shares
of Stock, the Company may require such additional payments from the Optionee as
may be required to allow the Company to withhold any income taxes which the
Company deems necessary to insure the Company that it can comply with any
federal or state income tax withholding requirements.

10. Governing Law. This Agreement shall be governed by, interpreted under, and
-------------
construed in accordance with the laws of the State of Florida.

11. Binding Effect. This Agreement will inure to the benefit of and be binding
--------------
on the Company, its successors and assigns, including but not limited to, any
company or entity

<PAGE>

14. Number and Gender. Whenever used herein, singular numbers shall include
-----------------
the plural, the singular, and the use of any gender shall include all genders.

IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the
day and year first above written.

"COMPANY" "OPTIONEE"

SAF T LOK INCORPORATED

By:___________________________ ____________________________
John L. Gardner Name: Franklin W. Brooks
President, Chief Executive Officer

<PAGE>

EXHIBIT "A" TO STOCK OPTION AGREEMENT

NOTICE OF GRANT OF STOCK OPTION

This Agreement shall be considered an individual benefit plan for the Optionee.

Name: Franklin W. Brooks

Address: ________________________________

________________________________

Social Security Number: ________________________

You have been granted a stock option to buy Saf T Lok Incorporated common stock
as follows:

The vesting schedule for this grant is as follows:

1. The option to purchase 250,000 shares is vested.

2. The option to purchase 250,000 shares shall vest on December 18, 1998.*

3. The option to purchase 250,000 shares shall vest on December 18, 1999.*

4. The option to purchase 250,000 shares shall vest on December 18, 2000.*

*Subject to the provisions of section 3 of this Stock Option Agreement.

By Order of the Board of Directors of Saf T Lok Incorporated

Validated by: __________________________________________________________
Corporate Secretary

*ISO = Qualified Stock Option
NQSO = Nonqualified Stock Option

<PAGE>

November 2, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

The exercise price is repriced to $1.19 per share, the closing market price on
November 2, 1999 which is the effective date set by the Resolution of the Board
of Directors of Saf T Lok Incorporated.

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Franklin W. Brooks
- --------------------------------- ------------------------------
Franklin W. Brooks, President Franklin W. Brooks
<PAGE>

September 1, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Franklin W. Brooks
- ------------------------------ ----------------------------
Franklin W. Brooks, President Franklin W. Brooks

<PAGE>

EXHIBIT 99.25

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

A. Date of Stock Option Agreement: Dec. 11, 1998
-------------------.

B. Number of Shares covered by Agreement: 50,000
------------.

C. Exercise price per share: $ 1.09
----------.

D. Number of shares of Common Stock actually to be assigned to undersigned
Assignee at this time: 5,000
----------.

Assignee may receive a copy of the Agreement by requesting one from Saf T Lok.

<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

Assignor:
- ---------

Stephen S. Eccher 9/27/99 /s/ Stephen S. Eccher
- ------------------------------ --------------------------------
Optionee Name (PRINT) and Date Optionee Signature

Social Security #: 009 34 2780
-----------------

Residence: 4886 Kensington Circle
--------------------------------------

Coral Springs, FL 33076
- ------------------------------------------------

Assignee: By signing below, Assignee agrees to be bound by all of the terms of
- --------
the Option Agreement with respect to the Option so assigned.

Emily Eccher 10/27/99 /s/ Emily Eccher
- ------------------------------ --------------------------------
Assignee Name (PRINT) and Date Assignee Signature

Social Security #: 215 19 1881
--------------------

Residence: 4886 Kensington Circle
-------------------------------------------------------

Coral Springs, FL 33076
- -----------------------------------------------------------------

ACCEPTED:

SAF T LOK INCORPORATED

By: /s/ Franklin W. Brooks
-----------------------------

Title: CEO
--------------------------

Dated: October 27, 1999
--------------------------

Copy to be sent to Assignor and Assignee.

<PAGE>

STOCK OPTION AGREEMENT

THIS STOCK OPTION AGREEMENT is effective as of the 11th day of December, 1998,
between SAF T LOK INCORPORATED, a Florida corporation (the "Company"), and
STEPHEN S. ECCHER (the "Optionee").

Background
----------

A. Optionee is currently an employee of the Company.

C. This Agreement shall be considered an individual employee benefit plan for
the Optionee.

Agreement
---------

In consideration of the mutual covenants and agreements contained herein and
other good and valuable constitutional, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

<PAGE>

(a) for a period ending 90 days after the Optionee's employment with the
Company has terminated; or

4. Investment Representation and Agreement. Optionee represents that this
---------------------------------------
Option and any shares purchased pursuant to this Option are purchased for
investment purposes only and for Optionee's own account. Optionee acknowledges
that this Option and the shares pertaining to this Option are not registered
under the Securities Act of 1933, as amended the Florida Securities and Investor
Protection Act, or the securities laws of any other state.

7. Method of Exercise. Optionee may exercise the Option, in whole or in part,
------------------
by written notice to the Company stating in such written notice the number of
shares of Stock such Optionee elects to purchase under the Option, and the time
of the delivery thereof, which time shall be not more than 30 days after the
giving of such notice, unless a later date shall have been mutually agreed upon.
Upon receipt of such written notice, the Company shall provide the Optionee with
that information required by the applicable state and federal securities laws.
If, after receipt of such information, Optionee desires to withdraw such notice
of exercise, Optionee may withdraw such notice of exercise by notifying the
Company, in writing, prior to the time set forth for delivery of the shares of

<PAGE>

Stock. In no event may the Option be exercised after the expiration of its term.
Optionee is under no obligation to exercise an Option or any part thereof.

(a) Payment for Option Stock. The exercise of this Option shall be
------------------------
contingent upon receipt by the Company of cash or certified bank check to its
order, shares of the Company's Common Stock or cancellation of a vested
portion of the Stock Option, or any combination of the foregoing in an amount
equal to the full option price of the shares of Stock being purchased. The
Optionee shall have no rights as a shareholder with respect to any shares
covered by his Option until the exercise of the Option and the date of
issuance of a certificate to him for such shares. No adjustment shall be made
for dividends or other rights for which the record date is prior to the date
such certificate is issued.

(b) Delivery of Stock to Optionee. Provided the Optionee has delivered
-----------------------------
proper notice of exercise and full payment of the option price, the Company
shall undertake and follow all necessary procedures to make delivery of the
number of shares of Stock which the Optionee elects to purchase within 30
days of such notice, or if a later date is specified in the notice, at the
time specified in such notice. Such delivery, however, may be postponed at
the sole discretion of the company to enable the Company to comply with any
applicable procedures, regulations or listing requirements of any
governmental agency, stock exchange or regulatory authority. As a condition
to the issuance of shares of Stock, the Company may require such additional
payments from the Optionee as may be required to allow the Company to
withhold any income taxes which the Company deems necessary to insure the
Company that it can comply with any federal or state income tax withholding
requirements.

9. Governing Law. This Agreement shall be governed by, interpreted under, and
-------------
construed in accordance with the laws of the State of Florida.

10. Binding Effect. This Agreement will inure to the benefit of and be binding
--------------
on the Company, its successors and assigns, including but not limited to, any
company or entity that may acquire all or substantially all of the Company's
assets and business or into which the company may be consolidated or merged, and
on Optionee and except as set forth in paragraph 6 above, their heirs, legal
representatives, and successors, as the case may be.

<PAGE>

13. Number and Gender. Whenever used herein, singular numbers shall include the
-----------------
plural, the singular, and the use of any gender shall include all genders.

15. Nonqualified Stock Option. This Agreement shall be considered an individual
-------------------------
employee benefit plan for the Optionee.

IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the
day and year first above written.

"COMPANY" "OPTIONEE"

SAF T LOK INCORPORATED

By:___________________________ ____________________________
Franklin W. Brooks Stephen S. Eccher
CEO/Chairman of the Board

<PAGE>

EXHIBIT "A" TO STOCK OPTION AGREEMENT

NOTICE OF GRANT OF STOCK OPTION

This Agreement shall be considered an individual employee benefit plan for the
Optionee.

Name: Stephen S. Eccher

Address: _______________________________

________________________________

Social Security Number: ###-##-####

You have been granted a stock option to buy Saf T Lok Incorporated common stock
as follows:

The vesting schedule for this grant is as follows:

By Order of the Board of Directors of Saf T Lok Incorporated

Validated by: __________________________________________________________
Corporate Secretary

*ISO = Qualified Stock Option
NQSO = Nonqualified Stock Option

<PAGE>

September 1, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Stephen S. Eccher
- -------------------------------- -----------------------------
Franklin W. Brooks, President Stephen S. Eccher
<PAGE>

September 29, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

1. The section of the Agreement entitled "Exercise of Option" shall be modified
to read as follows: "The Option shall be exercisable only during the term of the
Option."

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Stephen S. Eccher
- ----------------------- ----------------------
Franklin W. Brooks, President Stephen S. Eccher

<PAGE>

EXHIBIT 99.26

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

A. Date of Stock Option Agreement: Dec. 11, 1998
------------------------.

B. Number of Shares covered by Agreement: 50,000
-----------------.

C. Exercise price per share: $ 1.09
------------------.

D. Number of shares of Common Stock actually to be assigned to undersigned
Assignee at this time: 5,000
-------------------.

Assignee may receive a copy of the Agreement by requesting one from Saf T Lok.

<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

Assignor:
- ---------

Stephen S. Eccher 9/27/99 /s/ Stephen S. Eccher
- --------------------------------------- -------------------------------
Optionee Name (PRINT) and Date Optionee Signature

Social Security #: 009 34 2780
---------------------

Residence: 4886 Kensington Circle
----------------------------------

Coral Springs, FL 33076
- ---------------------------------------------

Assignee: By signing below, Assignee agrees to be bound by all of the terms of
- --------
the Option Agreement with respect to the Option so assigned.

Stephen Brett Eccher 10/27/99 /s/ Stephen Brett Eccher
- -------------------------------------- -------------------------------
Assignee Name (PRINT) and Date Assignee Signature

Social Security #: 215 19 1664
-------------------

Residence: 4886 Kensington Circle
----------------------------------

Coral Springs, FL 33076
- ---------------------------------------------

ACCEPTED:

SAF T LOK INCORPORATED

By: /s/ Franklin W. Brooks
---------------------------------

Title: CEO
--------------------------------

Dated: October 27, 1999
--------------------------------

Copy to be sent to Assignor and Assignee.

<PAGE>

STOCK OPTION AGREEMENT

THIS STOCK OPTION AGREEMENT is effective as of the 11th day of December, 1998,
between SAF T LOK INCORPORATED, a Florida corporation (the "Company"), and
STEPHEN S. ECCHER (the "Optionee").

Background
----------

A. Optionee is currently an employee of the Company.

C. This Agreement shall be considered an individual employee benefit plan for
the Optionee.

Agreement
---------

In consideration of the mutual covenants and agreements contained herein and
other good and valuable constitutional, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

<PAGE>

(a) for a period ending 90 days after the Optionee's employment with the
Company has terminated; or

4. Investment Representation and Agreement. Optionee represents that this
---------------------------------------
Option and any shares purchased pursuant to this Option are purchased for
investment purposes only and for Optionee's own account. Optionee acknowledges
that this Option and the shares pertaining to this Option are not registered
under the Securities Act of 1933, as amended the Florida Securities and Investor
Protection Act, or the securities laws of any other state.

7. Method of Exercise. Optionee may exercise the Option, in whole or in part,
------------------
by written notice to the Company stating in such written notice the number of
shares of Stock such Optionee elects to purchase under the Option, and the time
of the delivery thereof, which time shall be not more than 30 days after the
giving of such notice, unless a later date shall have been mutually agreed upon.
Upon receipt of such written notice, the Company shall provide the Optionee with
that information required by the applicable state and federal securities laws.
If, after receipt of such information, Optionee desires to withdraw such notice
of exercise, Optionee may withdraw such notice of exercise by notifying the
Company, in writing, prior to the time set forth for delivery of the shares of

<PAGE>

Stock. In no event may the Option be exercised after the expiration of its term.
Optionee is under no obligation to exercise an Option or any part thereof.

(a) Payment for Option Stock. The exercise of this Option shall be
------------------------
contingent upon receipt by the Company of cash or certified bank check to its
order, shares of the Company's Common Stock or cancellation of a vested
portion of the Stock Option, or any combination of the foregoing in an amount
equal to the full option price of the shares of Stock being purchased. The
Optionee shall have no rights as a shareholder with respect to any shares
covered by his Option until the exercise of the Option and the date of
issuance of a certificate to him for such shares. No adjustment shall be made
for dividends or other rights for which the record date is prior to the date
such certificate is issued.

(b) Delivery of Stock to Optionee. Provided the Optionee has delivered
-----------------------------
proper notice of exercise and full payment of the option price, the Company
shall undertake and follow all necessary procedures to make delivery of the
number of shares of Stock which the Optionee elects to purchase within 30
days of such notice, or if a later date is specified in the notice, at the
time specified in such notice. Such delivery, however, may be postponed at
the sole discretion of the company to enable the Company to comply with any
applicable procedures, regulations or listing requirements of any
governmental agency, stock exchange or regulatory authority. As a condition
to the issuance of shares of Stock, the Company may require such additional
payments from the Optionee as may be required to allow the Company to
withhold any income taxes which the Company deems necessary to insure the
Company that it can comply with any federal or state income tax withholding
requirements.

9. Governing Law. This Agreement shall be governed by, interpreted under, and
-------------
construed in accordance with the laws of the State of Florida.

10. Binding Effect. This Agreement will inure to the benefit of and be binding
--------------
on the Company, its successors and assigns, including but not limited to, any
company or entity that may acquire all or substantially all of the Company's
assets and business or into which the company may be consolidated or merged, and
on Optionee and except as set forth in paragraph 6 above, their heirs, legal
representatives, and successors, as the case may be.

<PAGE>

13. Number and Gender. Whenever used herein, singular numbers shall include the
-----------------
plural, the singular, and the use of any gender shall include all genders.

15. Nonqualified Stock Option. This Agreement shall be considered an individual
-------------------------
employee benefit plan for the Optionee.

IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the
day and year first above written.

"COMPANY" "OPTIONEE"

SAF T LOK INCORPORATED

By:___________________________ ____________________________
Franklin W. Brooks Stephen S. Eccher
CEO/Chairman of the Board

<PAGE>

EXHIBIT "A" TO STOCK OPTION AGREEMENT

NOTICE OF GRANT OF STOCK OPTION

This Agreement shall be considered an individual employee benefit plan for the
Optionee.

Name: Stephen S. Eccher

Address: _______________________________

________________________________

Social Security Number: ###-##-####

You have been granted a stock option to buy Saf T Lok Incorporated common stock
as follows:

The vesting schedule for this grant is as follows:

By Order of the Board of Directors of Saf T Lok Incorporated

Validated by: __________________________________________________________
Corporate Secretary

*ISO = Qualified Stock Option
NQSO = Nonqualified Stock Option

<PAGE>

September 1, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Stephen S. Eccher
- -------------------------------- -----------------------------
Franklin W. Brooks, President Stephen S. Eccher
<PAGE>

September 29, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

1. The section of the Agreement entitled "Exercise of Option" shall be modified
to read as follows: "The Option shall be exercisable only during the term of the
Option."

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Stephen S. Eccher
- ----------------------- ----------------------
Franklin W. Brooks, President Stephen S. Eccher

<PAGE>

EXHIBIT 99.27

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

A. Date of Stock Option Agreement: Dec. 11, 1998.
--------------------

B. Number of Shares covered by Agreement: 50,000.
-------------

C. Exercise price per share: $ 1.09.
---------

D. Number of shares of Common Stock actually to be assigned to undersigned
Assignee at this time: 5,000.
-----------

Assignee may receive a copy of the Agreement by requesting one from Saf T Lok.

<PAGE>

NOTICE OF ASSIGNMENT OF OPTION TO PURCHASE
SHARES OF COMMON STOCK OF SAF T LOK INCORPORATED

ASSIGNOR:
- ---------

Stephen S. Eccher 9/27/99 /s/ Stephen S. Eccher
- ------------------------------ ----------------------
Optionee Name (PRINT) and Date Optionee Signature

Social Security #: 009 34 2780
------------------

Residence: 4886 Kensington Circle
-------------------------------------------
Coral Springs, FL 33076
- ------------------------------------------------------

ASSIGNEE: By signing below, Assignee agrees to be bound by all of the terms of
- --------
the Option Agreement with respect to the Option so assigned.

Stephenie D. Eccher /s/ Stephenie D. Eccher
- ------------------------------ ------------------------
Assignee Name (PRINT) and Date Assignee Signature

Social Security #: 219 82 3077
-----------------

Residence: 2047 Champions Way
-------------------------------------------
North Lauderdale, FL 33068
- ------------------------------------------------------

ACCEPTED:

SAF T LOK INCORPORATED

By: /s/ Franklin W. Brooks
------------------------------

Title: CE\
---------------------------

Dated: October 27, 1999
---------------------------

Copy to be sent to Assignor and Assignee.

<PAGE>

STOCK OPTION AGREEMENT

THIS STOCK OPTION AGREEMENT is effective as of the 11th day of December, 1998,
between SAF T LOK INCORPORATED, a Florida corporation (the "Company"), and
STEPHEN S. ECCHER (the "Optionee").

Background
----------

A. Optionee is currently an employee of the Company.

C. This Agreement shall be considered an individual employee benefit plan for
the Optionee.

Agreement
---------

In consideration of the mutual covenants and agreements contained herein and
other good and valuable constitutional, the receipt of which is hereby
acknowledged, the parties hereto agree as follows:

<PAGE>

(a) for a period ending 90 days after the Optionee's employment with the
Company has terminated; or

4. Investment Representation and Agreement. Optionee represents that this
---------------------------------------
Option and any shares purchased pursuant to this Option are purchased for
investment purposes only and for Optionee's own account. Optionee acknowledges
that this Option and the shares pertaining to this Option are not registered
under the Securities Act of 1933, as amended the Florida Securities and Investor
Protection Act, or the securities laws of any other state.

7. Method of Exercise. Optionee may exercise the Option, in whole or in part,
------------------
by written notice to the Company stating in such written notice the number of
shares of Stock such Optionee elects to purchase under the Option, and the time
of the delivery thereof, which time shall be not more than 30 days after the
giving of such notice, unless a later date shall have been mutually agreed upon.
Upon receipt of such written notice, the Company shall provide the Optionee with
that information required by the applicable state and federal securities laws.
If, after receipt of such information, Optionee desires to withdraw such notice
of exercise, Optionee may withdraw such notice of exercise by notifying the
Company, in writing, prior to the time set forth for delivery of the shares of

<PAGE>

Stock. In no event may the Option be exercised after the expiration of its term.
Optionee is under no obligation to exercise an Option or any part thereof.

(a) Payment for Option Stock. The exercise of this Option shall be
------------------------
contingent upon receipt by the Company of cash or certified bank check to its
order, shares of the Company's Common Stock or cancellation of a vested
portion of the Stock Option, or any combination of the foregoing in an amount
equal to the full option price of the shares of Stock being purchased. The
Optionee shall have no rights as a shareholder with respect to any shares
covered by his Option until the exercise of the Option and the date of
issuance of a certificate to him for such shares. No adjustment shall be made
for dividends or other rights for which the record date is prior to the date
such certificate is issued.

(b) Delivery of Stock to Optionee. Provided the Optionee has delivered
-----------------------------
proper notice of exercise and full payment of the option price, the Company
shall undertake and follow all necessary procedures to make delivery of the
number of shares of Stock which the Optionee elects to purchase within 30
days of such notice, or if a later date is specified in the notice, at the
time specified in such notice. Such delivery, however, may be postponed at
the sole discretion of the company to enable the Company to comply with any
applicable procedures, regulations or listing requirements of any
governmental agency, stock exchange or regulatory authority. As a condition
to the issuance of shares of Stock, the Company may require such additional
payments from the Optionee as may be required to allow the Company to
withhold any income taxes which the Company deems necessary to insure the
Company that it can comply with any federal or state income tax withholding
requirements.

9. Governing Law. This Agreement shall be governed by, interpreted under, and
-------------
construed in accordance with the laws of the State of Florida.

10. Binding Effect. This Agreement will inure to the benefit of and be binding
--------------
on the Company, its successors and assigns, including but not limited to, any
company or entity that may acquire all or substantially all of the Company's
assets and business or into which the company may be consolidated or merged, and
on Optionee and except as set forth in paragraph 6 above, their heirs, legal
representatives, and successors, as the case may be.

<PAGE>

13. Number and Gender. Whenever used herein, singular numbers shall include the
-----------------
plural, the singular, and the use of any gender shall include all genders.

15. Nonqualified Stock Option. This Agreement shall be considered an individual
-------------------------
employee benefit plan for the Optionee.

IN WITNESS WHEREOF, the parties hereto have executed this agreement as of the
day and year first above written.

"COMPANY" "OPTIONEE"

SAF T LOK INCORPORATED

By:___________________________ ____________________________
Franklin W. Brooks Stephen S. Eccher
CEO/Chairman of the Board

<PAGE>

EXHIBIT "A" TO STOCK OPTION AGREEMENT

NOTICE OF GRANT OF STOCK OPTION

This Agreement shall be considered an individual employee benefit plan for the
Optionee.

Name: Stephen S. Eccher

Address: _______________________________

________________________________

Social Security Number: ###-##-####

You have been granted a stock option to buy Saf T Lok Incorporated common stock
as follows:

The vesting schedule for this grant is as follows:

By Order of the Board of Directors of Saf T Lok Incorporated

Validated by: __________________________________________________________
Corporate Secretary

*ISO = Qualified Stock Option
NQSO = Nonqualified Stock Option

<PAGE>

September 1, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Stephen S. Eccher
- -------------------------------- -----------------------------
Franklin W. Brooks, President Stephen S. Eccher
<PAGE>

September 29, 1999

Amendment to Stock Option Agreement
-----------------------------------

The Agreement is amended as follows:

1. The section of the Agreement entitled "Exercise of Option" shall be modified
to read as follows: "The Option shall be exercisable only during the term of the
Option."

"Company" "Optionee"

Saf T Lok Incorporated

/s/ Franklin W. Brooks /s/ Stephen S. Eccher
- ----------------------- ----------------------
Franklin W. Brooks, President Stephen S. Eccher