FIRST
      AMENDMENT TO EMPLOYMENT AGREEMENT

    


    This
      FIRST AMENDMENT (this “Amendment”)
      to the
      EMPLOYMENT AGREEMENT, dated as of June 22, 2007, and effective as of May 11,
      2007 (the “Agreement”),
      by
      and between STEVEN S. MAGAMI, an individual residing in Los Angeles, California
      (the “Employee”),
      and
      PURE BIOFUELS CORP., a Nevada corporation (the “Company”)
      is
      effective as of September 12, 2007 (the “Effective
      Date”).
      Capitalized terms used but not defined herein have the meanings set forth in
      the
      Agreement unless the context otherwise requires.

     

    WITNESSETH

    


    WHEREAS,
      Section 6.01 of the Agreement sets forth the Base Salary of Employee as an
      amount equal to $100,000 per year; and

    


    WHEREAS,
      the Company desires to increase the amount of such Base Salary to an amount
      equal to $200,000 as of the Effective Date.

    


    NOW,
      THEREFORE, for good and valuable consideration, the sufficiency of which is
      hereby acknowledged, Company and Employee, intending to be legally bound hereby
      agree as follows:

    


    1.  Base
      Salary.
      Section
      6.01
      of the
      Agreement is amended by replacing “$100,000” with “$200,000” and such increased
      salary shall become effective as
      of the
      Effective Date.

     

    2.  Approval
      of Board of Directors.
      This
      Amendment is conditioned upon approval of the Board of Directors of the
      Company.

     

    3.  Governing
      Law.
      This
      Amendment shall be governed by and construed in accordance with the laws of
      the
      State of California.

     

    4.  Counterparts.
      This
      Amendment may be executed in one or more counterparts, each of which shall
      be
      deemed an original and all of which combined shall constitute one and the same
      instrument. This Amendment shall be deemed effective upon each party’s receipt
      of a signed facsimile or electronic copy of this Amendment from the other party.
      

     

    5.  Successors
      and Assigns.
      This
      Amendment shall inure to the benefit of, and be binding upon, the parties hereto
      and their respective successors and permitted assigns.

     

    6.  Amendment.
      Except
      as otherwise amended hereby, all of the terms and provisions of the Agreement
      shall remain in full force and effect.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    


    IN
      WITNESS WHEREOF,
      the
      parties have caused this Amendment to be duly executed and delivered by their
      respective duly authorized officers and representatives as of the date first
      above written.

     

    
      	 	 	 
	 	
              PURE
                BIOFUELS CORP.

            
	 
 	 
 	 
 
	 	By:  	/s/
              Luis
              Goyzueta 
	 	
              
Name:
              Luis Goyzueta
	 	
              Title:
                Chief Executive Officer

            
	 	 


    

     

    
      
        	 	 	 
	 	
                
                  STEVEN
                    S. MAGAMI

                

              
	 	/s/ Steven S. Magami
	 	
                

              


      

    

     

    
      
         

      

      
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