FORM
      OF ESCROW AGREEMENT

    


    THIS
      ESCROW AGREEMENT
      (this
      "Agreement") is made this _____ day of ______________________, 200_, by and
      between East Coast Ethanol, LLC, a Delaware limited liability company ("East
      Coast") and ____________________________ as escrow agent (the “Escrow Agent”).


    


    W
      I T N E S S E T H: 

    


    WHEREAS,
      East
      Coast proposes to offer a minimum of 22,545
      and
      a
      maximum of 39,455
      of
      its
      Membership Units (the "Units") at a price of $15,000 per Unit, in minimum blocks
      of one-third Units after an initial minimum purchase of 1 Unit in an offering
      registered with the Securities and Exchange Commission and in the states of
      Florida,
      Maryland, New York, South Carolina, North Carolina, Georgia and
      Tennessee,
      and
      possibly offered in other states pursuant to state securities registration
      exemptions and under the provisions of the Securities Act of 1933, as amended
      (the “Offering”); 

    


    WHEREAS,
      East
      Coast will file a registration statement to register the Units with the
      Securities and Exchange Commission, the States of Florida,
      Maryland, New York, South Carolina, North Carolina, Georgia and
      Tennessee,
      and
      possibly other states; 

    


    WHEREAS,
      East
      Coast will allow investors in the Offering to deliver the purchase price of
      the
      subscribed Units in installments; and 

    


    WHEREAS,
      East
      Coast desires to comply with the requirements of federal and state securities
      laws and regulations, and desires to protect the investors in the Offering
      by
      providing, under the terms and conditions herein set forth, for the return
      to
      subscribers of the money which they may pay on account of purchases of Units
      in
      the Offering if the Minimum Escrow Deposit (as hereinafter defined) is not
      deposited with the Escrow Agent.

    


    NOW,
      THEREFORE,
      in
      consideration of the mutual covenants herein contained and for other good and
      valuable consideration, the receipt and sufficiency of which is acknowledged,
      the parties agree as follows:

    


    1. Acceptance
      of Appointment.
      _______________________________ hereby agrees to act as Escrow Agent under
      this
      Agreement. The Escrow Agent shall have no duty to enforce any provision hereof
      requiring performance by any other party hereunder.

    


    2. Establishment
      of Escrow Account.
      An
      escrow account (the "Escrow Account") is hereby established with the Escrow
      Agent for the benefit of the investors in the Offering. Except as specifically
      provided in this Agreement, the Escrow Account shall be created and maintained
      subject to the customary rules and regulations of the Escrow Agent pertaining
      to
      such accounts.

    


    3. Ownership
      of Escrow Account.
      Until
      such time as the funds deposited in the Escrow Account (the "Deposited Funds")
      shall equal the Minimum Escrow Deposit (as hereinafter defined), all funds
      deposited in the Escrow Account by East Coast shall not become the property
      of
      East Coast or be subject to the debts of East Coast or any other person but
      shall be held by the Escrow Agent solely for the benefit of the investors who
      have purchased Units in the Offering.

    


    4. Deposit
      of Proceeds.
      All
      proceeds from sales of Units in the Offering shall be delivered by East Coast
      to
      the Escrow Agent, within forty-eight hours of the receipt thereof from
      investors, endorsed (if appropriate) to the order of the Escrow Agent, together
      with an appropriate written statement setting forth name, address and social
      security number of each person purchasing Units, the number of Units purchased,
      and the amount paid by each such purchaser. Any such proceeds deposited with
      the
      Escrow Agent in the form of uncollected checks shall be promptly presented
      by
      the Escrow Agent for collection through customary banking and clearing house
      facilities. As the proceeds of each sale are deposited with the Escrow Agent,
      East Coast shall reserve the number of Units confirmed to the purchaser thereof
      in connection with such sale. All such deposited proceeds are referred to herein
      as the "Escrow Funds".

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    5. Investment
      of Escrow Account.
      The
      Escrow Funds shall be credited by the Escrow Agent and recorded in the Escrow
      Account. The Escrow Agent shall be permitted, and is hereby authorized to
      deposit, transfer, hold and invest all funds received under this Agreement,
      including principal and interest, in those investments directed, in writing
      by
      East Coast. The Escrow Agent is hereby authorized to invest Escrow Funds in
      the
      Federated Treasury Obligations Money Market Mutual Fund for temporary investment
      without written direction. Any interest received by the Escrow Agent with
      respect to the Escrow Funds shall be paid to East Coast , or the investors,
      as
      indicated elsewhere in this Agreement.

    


    6. Termination
      of Escrow.
      This
      Agreement and the Escrow created hereunder shall be terminated as provided
      in
      paragraph 7 hereof or as of the date in calendar year 2009 (the "Termination
      Date"), which is one year and one day following the date in calendar year 2008
      upon which the Securities and Exchange Commission authorizes the Offering (the
      "Offering's Effective Date"). The Company shall notify Escrow Agent of the
      Offering's Effective Date within 30 days of the receipt of notice of the
      Offering's Effective Date from the Securities and Exchange Commission.


     

    7. Disposition
      of Escrow Funds.
      The
      Escrow Agent shall have the following duties and obligations under this
      Agreement:

    


    A. The
      Escrow Agent shall send a written notice acknowledging the receipt of the
      Deposited Funds every seven days to the Company. 

    


    B. The
      Escrow Agent shall give the Company prompt written notice when the Deposited
      Funds equal $33,817,500
      (exclusive of interest). Following receipt of such notice, the Company will
      advise the purchasers of Units to remit to the Escrow Agent the balance of
      the
      purchase price within 20 days. Thereafter, Escrow Agent shall give the Company
      written notice acknowledging the receipt of the Deposited Funds every seven
      days. The Escrow Agent shall give the Company prompt written notice when the
      Deposited Funds total $338,175,000
      (exclusive of interest). 

    


    C. At
      the
      time (and in the event) that: (a) the Deposited Funds shall, during the term
      of
      this Agreement, equal $338,175,000
      in
      subscription proceeds (exclusive of interest) (the "Minimum Escrow Deposit");
      (b) the Escrow Agent
      shall
      have received written confirmation from the Company that the Company has
      obtained a written debt financing commitment for debt financing ranging from
      a
      minimum of $ $243,805,000 to a maximum of $497,455,000; (c) the Company has
      affirmatively elected in writing to terminate this Agreement; (d)
      the
      Escrow Agent shall have provided to each state securities department in which
      the Company has registered its securities for sale, as communicated to the
      Escrow Agent by the Company, an affidavit stating that the foregoing
      requirements (a), (b) and (c) of this subsection 7C have been
      satisfied;
      and
      (d)
      in each state in which consent is required, the state securities commissioners
      have consented to release of the funds on deposit, then this Agreement shall
      terminate, and the Escrow Agent shall promptly disburse the funds on deposit,
      including interest, to the Company to be used in accordance with the provisions
      set out in the Registration Statement. The Company will deliver a copy of the
      Registration Statement to the Escrow Agent upon execution of this Agreement.
      The
      Escrow Agent will have no responsibility to examine the Registration Statement
      with regard to the Escrow Account or otherwise and the Registration Statement
      shall contain a provision to such effect. Upon the making of such disbursement,
      the Escrow Agent shall be completely discharged and released of any and all
      further responsibilities hereunder.

    


    D. In
      the
      event the Deposited Funds do not equal or exceed the Minimum Escrow Deposit
      on
      or before the Termination Date or if the Company has not received a written
      debt
      financing commitment as described herein on or before the Termination Date,
      the
      Escrow Agent shall return to each of the purchasers of the Units in the
      Offering, as promptly as possible after such Termination Date and on the basis
      of its records pertaining to the Escrow Account: (a) the sum which each
      purchaser initially paid in on account of purchases of the Units in the Offering
      and (b) each purchaser's portion of the total interest earned on the Escrow
      Account as of the Termination Date, (c) reduced by the transaction fees provided
      in paragraph 10 hereof. Computation of any purchaser's share of the net interest
      earned will be a weighted average based on the proportion of such purchaser's
      deposit in the Escrow Account from the Offering to all such purchasers' deposits
      held by the Escrow Agent and upon the length of time in days such deposit was
      held in the Escrow Account as compared to all such deposits. All computations
      with respect to each purchaser's allocable share of net interest shall be made
      by the Escrow Agent, which determinations shall be final and conclusive. Any
      amount paid or payable to a purchaser pursuant to this paragraph shall be deemed
      to be the property of such purchaser, free and clear of any and all claims
      of
      the Company or its agents or creditors; and the respective purchases of the
      Units made and entered into in the Offering shall thereupon be deemed, ipso
      facto, to be cancelled without any further liability of the purchasers or any
      of
      them to pay for the Units purchased. At such time as the Escrow Agent shall
      have
      made all the payments called for in this paragraph, the Escrow Agent shall
      be
      completely discharged and released of any and all further responsibilities
      hereunder, and the Units reserved (as provided in paragraph 5) shall be released
      from such reservation, except that Escrow Agent shall be required to prepare
      and
      issue a single IRS Form 1099 to each investor in the event that funds are
      returned to investors.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    8. Agreement
      with Escrow Agent.
      To
      induce Escrow Agent to act hereunder, it is agreed by East Coast
      that:

    


    A. The
      sole
      duty of the Escrow Agent, other than as herein specified, shall be to receive
      the Escrow Funds and hold them subject to release, in accordance herewith,
      and
      the Escrow Agent shall be under no duty to determine whether East Coast is
      complying with the requirements of this Agreement in tendering to the Escrow
      Agent said proceeds of the sale of said Units. The Escrow Agent may conclusively
      rely upon and shall be protected in acting upon any statement, certificate,
      notice, request, consent, order or other document believed by it to be genuine
      and to have been signed or presented by the proper party or parties. The Escrow
      Agent shall have no duty or liability to verify any such statement, certificate,
      notice, request, consent, order or other document, and its sole responsibility
      shall be to act only as expressly set forth in this Agreement. The Escrow Agent
      shall be under no obligation to institute or defend any action, suit or
      proceeding in connection with this Agreement unless first indemnified to its
      satisfaction. The Escrow Agent may consult counsel in respect of any question
      arising under this Agreement and the Escrow Agent shall not be liable for any
      action taken or omitted in good faith upon advice of such counsel.

    


    B. East
      Coast hereby indemnifies and holds harmless the Escrow Agent from and against
      any and all loss, liability, cost, damage and expense, including, without
      limitation, reasonable counsel fees, which the Escrow Agent may suffer or incur
      by reason of any action, claim or proceeding brought against the Escrow Agent
      arising out of or relating in any way to this Agreement or any transaction
      to
      which this Agreement relates unless such action, claim or proceeding is the
      result of the gross negligence or willful misconduct of the Escrow Agent.


    


    9. Resignation
      and Removal of Escrow Agent Successors.
      The
      Escrow Agent may resign upon 30 days advance written notice to East Coast .
      If a
      successor Escrow Agent is not appointed within the 30-day period following
      such
      notice, Escrow Agent may petition any court of competent jurisdiction to name
      a
      successor Escrow Agent. Any commercial banking institution or trust company
      with
      which Escrow Agent may merge or consolidate, and any commercial banking
      institution or trust company to which Escrow Agent transfers all or
      substantially all of its corporate trust business shall be the successor Escrow
      Agent without further act.

    


    10. Fees
      and Expenses of Escrow Agent.
      East
      Coast agrees to pay the Escrow Agent the fees specified in the Escrow Agent’s
      fee schedule attached hereto as Exhibit A, in the manner set forth therein,
      unless otherwise agreed to by the parties in writing. The parties further agree
      that such fees shall be paid from interest on the escrow account only and not
      from principal. In the event the interest on the escrow account is insufficient
      to satisfy the full amount of fees payable hereunder, East Coast shall be solely
      responsible for the payment of such fees and the Escrow Agent shall not seek
      payment of the fees from investors or apply any principal deposited by investors
      in the escrow account against such fees. The fee agreed upon herein is intended
      as full consideration for the Escrow Agent's services as contemplated by this
      Agreement; provided,
      however,
      that in
      the event the Escrow Agent renders any material service not contemplated in
      this
      Agreement or there is any assignment of interest in the subject matter of this
      Agreement, or any material modification hereof; or if any material controversy
      arises hereunder, or the Escrow Agent is made a party to any litigation
      pertaining to this Agreement, or the subject matter hereof, then the Escrow
      Agent shall be reasonably compensated for such extraordinary services and
      reimbursed for all costs and expenses, including reasonable attorney's fees,
      occasioned by any delay, controversy, litigation or event, and the same shall
      be
      recoverable from East Coast , but not from the escrow account.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    11. Notices.
      All
      notices, requests, demands, and other communications under this Agreement shall
      be in writing and shall be deemed to have been duly given (a) on the date of
      service if served personally on the party to whom notice is to be given, (b)
      on
      the day of transmission if sent by facsimile transmission to the facsimile
      number given below, and telephonic confirmation of receipt is obtained promptly
      after completion of transmission, (c) on the next day on which such deliveries
      are made in Columbia, South Carolina, when delivery is to Federal Express or
      similar overnight courier or the Express Mail service maintained by the United
      States Postal Service, or (d) on the fifth day after mailing, if mailed to
      the
      party to whom notice is to be given, by first class mail, registered or
      certified, postage prepaid, and properly addressed, return receipt requested,
      to
      the party as follows:

    


    If
      to
      Escrow Agent:

    __________________________


    __________________________

    __________________________

    __________________________

    Attn:______________________     

    Fax:_______________________     

    Phone:_____________________     

     

    If
      to
      East Coast :

    


    East
      Coast Ethanol, LLC

    1907
      Thurmond Mall Post Office Box 1058 

    Columbia,
      South Carolina 29202

    Fax:
      (803) 799-5638

     

    with
      a
      required copy to:

    


    Brown,
      Winick, Graves, Gross, Baskerville and Schoenebaum, P.L.C.

    666
      Grand
      Avenue, Suite 2000

    Des
      Moines, IA 50309

    Attention:
      Valerie D. Bandstra

    Fax:
      (515) 323-8559

    


    12. Governing
      Law.
      This
      Agreement shall be construed, performed, and enforced in accordance with, and
      governed by, the internal laws of the State of South Carolina, without giving
      effect to the principles of conflict of laws thereof. 

    


    13. Successors
      and Assigns.
      Except
      as otherwise provided in this Agreement, no party hereto shall assign this
      Agreement or any rights or obligations hereunder without the prior written
      consent to the other parties hereto and any such attempted assignment without
      such prior written consent shall be void and of no force and effect. This
      Agreement shall inure to the benefit of and shall be binding upon the successors
      and permitted assigns of the parties hereto.

    


    14. Severability.
      In the
      event that any part of this Agreement is declared by any court or other judicial
      or administrative body to be null, void, or unenforceable, said provision shall
      survive to the extent it is not so declared, and all of the other provisions
      of
      this Agreement shall remain in full force and effect.

    


    15. Further
      Assurances.
      Each of
      the parties shall execute such documents and other papers and take such further
      actions, as may be reasonably required or desirable to carry out the provisions
      hereof and the transactions contemplated hereby.

    


    16. Amendments.
      This
      Agreement may be amended or modified, and any of the terms, covenants,
      representations, warranties, or conditions hereof may be waived, only by a
      written instrument executed by the parties hereto, or in the case of a waiver,
      by the party waiving compliance. Any waiver by any party of any condition,
      or of
      the breach of any provision, term, covenant, representation, or warranty
      contained in the Agreement, in any one or more instances, shall not be deemed
      to
      be nor construed as further or continuing waiver of any such conditions, or
      of
      the breach of any other provision, term, covenant, representation, or warranty
      of this Agreement.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    17. Entire
      Agreement.
      This
      Agreement contains the entire understanding among the parties hereto with
      respect to the escrow contemplated hereby and supersedes and replaces all prior
      and contemporaneous agreements and understandings, oral or written, with regard
      to such escrow.

    


    18. Section
      Headings.
      The
      section headings in this Agreement are for reference purposes only and shall
      not
      affect the meaning or interpretation of this Agreement.

    


    19. Counterparts.
      This
      Agreement may be executed in two or more counterparts, each of which shall
      be
      deemed an original but all of which together shall constitute one and the same
      instrument.

    


    IN
      WITNESS WHEREOF, the parties hereto have hereunto affixed their signatures
      as of
      the day and year first written above.  

    


               

    
      	EAST COAST:	 	 	ESCROW AGENT
	 	 	 	 
	East Coast Ethanol, LLC	 	 	 
	 	 	 	
              
 
	By:	 	 	By:
	
              
                

              

              Randy
                Hudson, CEO    

            	 	 	
              
                

              
Printed Name:  
              
	 	 	 	
              
                

              

            
	 	 	 	Title:
	 	 	 	
              
                

              

            


    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Exhibit
      A

     

    Escrow
      Agent Fee Schedule

    


    Escrow
      Agreement

    East
      Coast Solutions, LLC

    

      
        	
                Administration

              	
                $

              
	 	 
	
                Transaction
                  Fees

              	 
	
                Subscriber

              	
                $

              
	
                Disbursement/Each

              	
                $

              
	 	 
	
                1099
                  Filing

              	
                $

              
	
                Subscriber/Filing

              	
                $

              


      

    

     

    All
      out
      of pocket costs and expenses, including postage, supplies, long distance
      telephone charges, wires and reasonable attorney’s fees will be in addition
      hereto. 

     

    We
      reserve the right to revise fees, including establishing new minimums, as
      necessitated by changing economic conditions. 

    


    All
      fees
      are charged in arrears and are quoted on an annualized basis; however we reserve
      the right to bill in advance, or on a more frequent basis.