text: 12  C O M M I T M E N T S A N D C O N T I N G E N C I E S 
  
  The Company is subject to legal proceedings, third-party claims and other contingencies related to product liability, regulatory, employee and other matters 
  that arise in the ordinary course of business. In the opinion of management, the amount of potential liability with respect to these actions will not materially 
  affect the Company’s financial position, results of operations or liquidity. 
  
  The Company has arrangements with its executive officers (the “Executives”) pursuant to which the termination of their employment under certain 
  circumstances would result in lump sum payments to the Executives. Termination under such circumstances in 2004 could result in payments aggregating 
  $2.0 million, excluding any excise tax that may be reimbursable by the Company. 
  
  In May 1996, Halkey-Roberts began leasing the land, building and building improvements in St. Petersburg, Florida, which serve as Halkey-Roberts’ 
  headquarters and manufacturing facility, under a 10-year lease. The lease provides for monthly payments, including certain lease payment escalators, and 
  provides for certain sublease and assignment rights. The lease also provides the right of either the landlord or Halkey-Roberts to terminate the lease on 12 
  months notice effective at any time after May 21, 2003. The Company has guaranteed Halkey-Roberts’ payment and performance obligations under the 
  lease. The lease is being accounted for as an operating lease, and the rental expense for the years ended December 31, 2003, 2002 and 2001 was $396,000, 
  $384,000 and $372,000, respectively. Future minimum rental commitments under this lease are $409,000, $422,000 and $166,000 in 2004, 2005 and 
  2006, respectively. 