Exhibit 10.26

                        DESCRIPTION OF ARRANGEMENT WITH
                         SOMERSET CENTRAL CORPORATION

T. Jerome Madison is Vice-President, Chief Financial Officer, Secretary and a 
director of the Company. Mr. Madison's services are provided to the Company 
under an agreement between the Company and Somerset Central Corporation, a New 
Jersey corporation of which Mr. Madison is the sole stockholder and an officer 
and director. The arrangement calls for monthly payments of $13,750 plus 
expenses. For the year ended December 31, 1995, the Company recorded 
approximately $208,000 for services rendered and expenses reimbursed under the 
arrangement. The amount paid in respect of 1995 includes a one-time, $31,000 
special fee earned for effecting certain specified events.