EXHIBIT 10.18

                                  AMENDMENT TO
                           THE COASTCAST CORPORATION
                         SELECTED EMPLOYEES PENSION PLAN

     This Amendment to The Coastcast Corporation Selected Employees Pension 
Plan (the "Plan"), which plan was originally adopted effective January 1, 
1989, made pursuant to the right to amend reserved in Section 14.1 of the 
Plan, amends and modifies the Plan, effective May 12, 1997, as follows:

     1. Effective May 12, 1997, Sections 5.1(f) and (g) of the Plan are 
hereby amended and new subsections (h), (i) and (j) are hereby added to the 
end thereof to read as follows:

          (f) $9.50 for Severances occurring on or after December 4, 1990 but 
before December 4, 1991;

          (g) $10.00 for Severances occurring on or after December 4, 1991;

          (h) solely with respect to Participants employed in an Eligible 
Classification on or after May 12, 1997 but before May 12, 1998, $10.40 for 
Severances occurring on or after May 12, 1997 but before May 12, 1998;

          (i) solely with respect to Participants employed in an Eligible 
Classification on or after May 12, 1998 but before May 12, 1999, $10.60 for 
Severances occurring on or after May 12, 1998 but before May 12, 1999; and

          (j) solely with respect to Participants employed in an Eligible 
Classification on or after May 12, 1999, $10.85 for Severances occurring on 
or after May 12, 1999.

     2. Except as amended above the Plan shall continue in full force and 
effect without any changes.

     IN WITNESS WHEREOF, the Company by its duly authorized officer, has 
caused this Amendment to be executed this 14 day of October, 1997.

                                  COASTCAST CORPORATION



                                  By: /s/ Richard W. Mora
                                     ------------------------------
                                     Richard W. Mora, President and
                                     Chief Operating Officer