EXHIBIT 10.3

                            SUMMARY OF ORAL AGREEMENT
                   WITH SAFETY COMPONENTS INTERNATIONAL, INC.

Zapata Corporation, Inc. agreed with Safety Components International, Inc.
("Safety Components") to make a capital contribution in the amount of $1,000,000
as an inducement for Safety Components' management to continue employment
through the completion of the proposed sale of Zapata's 4,162,394 shares of
common stock in Safety Components to the WLR Recovery Fund II, L.P and WLR
Recovery Fund III, L.P. (collectively, the "WLR Recovery Funds") pursuant to a
stock purchase agreement dated September 23, 2005, as amended.

At this time there is no written agreement between the parties with respect to
the capital contribution to Safety Components. The $1,000,000 capital
contribution would be made directly to Safety Components and, thereafter, would
be distributed by the Safety Components compensation committee as bonuses to
certain executive officers and key employees. The obligation to make payment of
the capital contribution to Safety Components is subject to the satisfactory
completion of certain conditions, including that the transactions contemplated
in the stock purchase agreement be consummated and that the Chief Executive
Officer, President and Vice President-Finance and the other management members
of Safety Components remain in the employ of Safety Components through the
closing of the transactions contemplated by the stock purchase agreement.