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Exhibit 10.3
 EJCDC
STANDARD FORM OF AGREEMENT
BETWEEN OWNER AND CONTRACTOR
ON THE BASIS OF A STIPULATED PRICE
 THIS AGREEMENT
 
 
  ARTICLE 1  WORK
 1.01
    
    CONTRACTOR shall complete all Work as specified or indicated in the Contract Documents. The
Work is generally described as follows:Construction relating to and consisting of work associated with Civil and Site Work Grading
Detail Design Package as designed by Fagen, Inc., Temporary Access Road as designed by
Olsson Associates, and Spur Track for Ethanol Plant as designed by Antioch International,
Inc. The work necessary for the Spur Track includes mobilization, clearing and grubbing,
silt fencing and erosion control, strip and stockpile topsoil, respread topsoil from stock
pile, excavation, embankment, process under 3 in cut for 3000 PSF bearing, subballast and
trench drain.
 ARTICLE 2  CONTRACT TIMES
 2.01
    
    Time of the Essence
  2.02
    
    Dates for Substantial Completion and Final Payment




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2.03
    
    Liquidated Damages
  ARTICLE 3  CONTRACT PRICE
    TOTAL BASE BID (Items 1A thru 16A)
 Two Million Two Hundred Forty Eight Thousand Sixty Seven Dollars & 33/100
($2,248,067.33)
  ARTICLE 4  PAYMENT PROCEDURES
 4.01 Submittal and Processing of Payments




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4.02
    
    Progress Payments; Retainage
 th
  a.
    
    90% of Work completed (with the balance being retainage).b.
    
    90% of cost of materials and equipment not incorporated in
the Work (with the balance being retainage).
  4.03
    
    Final Payment
  ARTICLE 5  INTEREST
  ARTICLE 6  CONTRACTORS REPRESENTATIONS




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6.01
    
    In order to induce OWNER to enter into this Agreement CONTRACTOR makes the following
representations:
         ARTICLE 7  CONTRACT DOCUMENTS
 7.01
    
    Contents
 A.
    
    The Contract Documents consist of the following:
 1.
    
    This Agreement (pages 0500-1 to 00500-6, inclusive);2.
    
    Performance Bond (pages 00610-1 to 00610-2, inclusive);




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3.
    
    Payment Bond (pages 00620-1 to 00620-2, inclusive);4.
    
    General Conditions (pages 00700-1 to 00700-42, inclusive);5.
    
    Supplementary Conditions (pages SC-1 to SC-7, inclusive);6.
    
    Bid Documents as listed in the table of contents of the
Project Manual;7.
    
    Drawings consisting of 13 sheets with each sheet bearing the
following general title: Civil and Site Work Grading Detail Design Package.Drawings consisting of 8 sheets with each sheet bearing the following
general title: Temporary Access Road.Drawings consisting of 56 sheets with each sheet bearing the following
general title: Spur Track for Ethanol Plant.8.
    
    Addenda (numbers 1to 3, inclusive);9.
    
    Exhibits to this Agreement (enumerated as follows):
 a.
    
    Notice of Award.b.
    
    Notice of Proceed.c.
    
    CONTRACTORs Bid (pages 00300-1 to 00300-8,
inclusive);d.
    
    Documentation submitted by CONTRACTOR prior
to Notice of Award;
 10.
    
    The following which may be delivered or issued on or after
the Effective Date of the Agreement and are not attached hereto:
 a.
    
    Written Amendments;b.
    
    Work Change Directives;c.
    
    Change Order(s).




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ARTICLE 8  MISCELLANEOUS
 8.01
    
    Terms
  8.02
    
    Assignment of Contract
  8.03
    
    Successors and Assigns
  8.04
    
    Severability
   6/26/06
 OWNER:
    
    CONTRACTOR:E Energy Adams, LLC
    
    Commercial Contractors Equipment, Inc.,510 Main Street
    
    P.O. Box 81036,




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Adams, Nebraska 68301
    
    
    
    Lincoln, Nebraska 68501By:
    
    /s/ Jack L. Alderman
    
    
    
    By:
    /s/ Michael I.President E Energy AdamsAttest
    
    /s/ Meredith Smith
    
    
    
    Attest Lois SchollAddress for giving notices:
    
    
    
    Address for giving notices:510 Main Street
    
    
    
    P.O. Box 81036Adams, NE 68301
    
    
    
    Lincoln, NE 68501License No.        N/A(Where applicable)Agent for service of process: /s/ Michael Sibbernsen(If CONTRACTOR is a corporation or a
Partnership, attach evidence of authority to
Sign.)Designated Representative:Name:
    /s/ Michael T. SibbernsenTitle:
    PresidentAddress: P.O. Box 81036Lincoln, NE 68501Phone:
    402-476-1711Facsimile: 402-476-1712