AMENDMENT #2
                           TO SHARE PURCHASE AGREEMENT

This  agreement  effective the 15th day of March 1996, amends that certain SHARE
PURCHASE  AGREEMENT,  as  amended,  (hereafter  "Purchase  Agreement")  dated  1
February  1996,  between  Covol  Technologies,  Inc.,  a  Delaware  corporation,
("Covol"), and Michael McEwan and Gerald Larson, residents of the State of Utah,
("Buyer").  Covol  and  Buyer  sometimes  jointly  referred  to  herein  as  the
"Parties." The Parties,  intending to be legally bound,  mutually agree to amend
the Purchase Agreement as follows:

1.       In Section 2.03 ("The Closing"), the date for  Closing is  changed from
"March 15" (as amended in Amendment #1) to "June 15, 1996."

All other  provisions  of the  Purchase  Agreement  will remain the same and are
incorporated herein by this reference.

In Witness  whereof,  the Parties  have signed this  Agreement on the date first
above written.

COVOL TECHNOLOGIES, INC.                             BUYER

By:  /s/ Kirby Cochran, President                   /s/ Gerald M. Larson
                                                    /s/ Michael McEwan