CERTIFICATE
      OF MEMBERSHIP UNITS


     

    


    
      	
              Number

            	
              

            	
              Membership 
                Units

            
	
              

            	 	
              

            


    

     

     

      EAST
        COAST ETHANOL, LLC

      A
        Limited Liability Company Organized Under the Laws of the State of
        Illinois 

    

    


    THIS
      CERTIFIES THAT _____________________________________is/are
      the owner(s)
      of       UNITS
      of
      the Membership Units of EAST
      COAST ETHANOL, LLC,
      a
      Delaware limited liability company. Changes in the actual Membership Units
      held
      by the Members are reflected in the Certificate of Registration of the
      Company.

    


    The
      Membership Units represented by this Certificate may not be transferred or
      assigned except in compliance with the Operating Agreement of the Company,
      a
      copy of which is available at the principal office of the Company.

    


    IN
      WITNESS WHEREOF, the Company has caused this Certificate to be signed by its
      duly authorized President and Secretary as of this            day
                     of __________,
      20.

    


    
      	
               
                
                
Randy
                D. Hudson, President

            	
               
                
                
Julius
                P. Thompson III, Secretary

            


    

    


     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    FOR
      VALUE RECEIVED,_______hereby
      sell, assign, and transfer unto  Units
      represented by the within Certificate, and do hereby irrevocably constitute
      and
      appoint 
      Attorney to transfer the said Units on the books of the within named Company
      with full power of substitution in the premises.

    


    Dated
      ___________________ ,
      ______.

    


    In
      Presence of

    _____________________________

     

                                                                                            
      ___________________________________

    


                                    
      ___________________________________


    


    
      	 	
              THE
                MEMBERSHIP INTEREST (UNITS) OF THE COMPANY REPRESENTED BY THIS INSTRUMENT
                HAS NOT BEEN REGISTERED UNDER ANY SECURITIES LAW AND THE TRANSFERABILITY
                OF SUCH MEMBERSHIP INTEREST (UNITS) IS RESTRICTED. SUCH MEMBERSHIP
                INTEREST (UNITS) MAY NOT BE SOLD, OFFERED FOR SALE, ASSIGNED OR
                TRANSFERRED, NOR WILL ANY ASSIGNEE, VENDEE, TRANSFEREE OR ENDORSEE
                THEREOF
                BE RECOGNIZED AS HAVING ACQUIRED ANY SUCH MEMBERSHIP INTEREST (UNITS)
                BY
                THE ISSUER FOR ANY PURPOSES, UNLESS (I) A REGISTRATION UNDER THE
                SECURITIES ACT OF 1933 (AS AMENDED) WITH RESPECT TO SUCH MEMBERSHIP
                INTEREST (UNITS) SHALL THEN BE IN EFFECT AND SUCH TRANSFER HAS BEEN
                QUALIFIED UNDER APPLICABLE STATE SECURITIES LAWS, OR (II) THE AVAILABILITY
                OF AN EXEMPTION FROM SUCH REGISTRATION AND QUALIFICATION SHALL BE
                ESTABLISHED TO THE SATISFACTION OF COUNSEL TO THE
                COMPANY.

            


    

    


    
      	 	
              ADDITIONALLY,
                NO MEMBERSHIP INTEREST (UNITS) REPRESENTED BY THIS INSTRUMENT MAY
                BE SOLD,
                ASSIGNED, PLEDGED, GIFTED, BEQUEATHED OR OTHERWISE TRANSFERRED EXCEPT
                AS
                PROVIDED IN THE OPERATING AGREEMENT OF THE COMPANY. COPIES OF THE
                OPERATING AGREEMENT ARE AVAILABLE FOR INSPECTION AT THE PRINCIPAL
                OFFICE
                OF THE COMPANY.