|   A.    | Whereas, PE is a      marketer of liquid energy products and other related energy products and      services ("Products"). |
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|   B.    | Whereas,      PE owns and operates a proprietary e-commerce technology platform that      facilitates the sale      and fulfillment of Products ("System"). |
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|   C.    | Whereas, PE, with      the use of the System,      manages the delivery      of Products to PE's residential      and commercial customers, which includes consumers who purchase      directly from PE, as well as consumers who use the PE System      to purchase from a PE      retail      channelpartner,      collectively      referred      to as"Customers". |
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|   D.   | Whereas,PE      maintains a network of independent fuel distributors and other      companies whom under agreement with PE, provide services to PE and/or      Customers. |
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|   E.    | Whereas,      Consult t has certain knowledge, experience and skills that are desirable      to PE and the Parties      have determined it is desirable to enter into an      agreement to      secure the services ofConsultant. |
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| 1.    | Term. Unless earlier terminated in accordance with Section 8, this agreement will include two      phases. |
|----------------------|------------------------------------------------------------------------------------------------------------|

|       a.   | Phase      1:      Development and      approval      of a comprehensive      marketing      plan      for      The      Energy Store, as further described in paragraph      2, such development is expected to require an approximate      half time commitment of a Full      Time      Equivalent ("FTE"), and a duration of two or      three      months commencing on or about August 27, 2007,  and |
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|       b.   | Phase      2: Development, merchandising and management of The      Energy      Store, as      further described      in      paragraph 2.      The term      of this phase      will commence      at the conclusion of Phase 1and      extend until      December 31, 2008 and is expected to require the minimum      commitment      of one FTE. At the end of the term, the Agreement will automatically      terminate, unless extended in writing by agreement of the      Parties. |
|----------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 2.      | Obligations of Consultant. During the      term of the Agreement, Consultant will serve as Manager of The      Energy Store, an e-commerce retail sales portal for energy      products and services, the scope and responsibilities and services as      further described in the PE position description for      Manager-The Energy      Store, such position description is attached for      reference. |
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| 3.      | Relationship of the Parties. The      relationship of the Consultant with PE shall be that of an independent      contractor and not an employee. Consultant shall be free from the control      of      PE      with      respect to Consultant's performance of the services as outlined in      Section 2. Neither Party shall have the authority to contract for or bind      the other Party in any manner and shall not represent itself as an agent      of the other or as otherwise authorized to act for or on behalf of the      other. |
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| 4.      | Fees. Consultant shall be paid a monthly      fee of $2,750 for Phase 1 and a monthly fee of $5,600 for Phase      2. PE and Consultant shall have the option, but not the obligation, to      establish a performance based      incentive plan based      upon the achievement      of      performance      objectives,      as      mutually      agreed to by      the Parties. Consultant shall invoice PE at the beginning of each calendar      month. Payment is to be      made by PE within thirty (30) days of invoice      date. |
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| 5.     | Expenses. PE will reimburse Consultant      for all reasonable, direct, out-of-pocket business travel expenses      incurred while performing services as outlined in Agreement, including      lodging, meals, mileage, tolls and parking. Such expenses shall not apply      to travel expenses incurred for travel to PE  headquarters. |
|----------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.     | Confidential Information. During the term      of this Agreement, Consultant may be given access to confidential,      proprietary, or other sensitive information or trade secrets of PE      ("Confidential Information"). Consultant agrees to treat all Confidential      Information as described in PE's standard Nondisclosure Agreement, such      Nondisclosure Agreement is attached for reference and must be executed      by      Consultant in order for this Agreement to be      effective. |
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| 7.     | Intellectual Property. All data,      materials, software, intellectual property, processes, patents, copyrights      and other information developed in conjunction with the performance of      this Agreement shall be the property of PE. Upon termination of this      Agreement, Consultant shall deliver to PE, without demand, all materials,      data, software, intellectual property, manuals, books, reports and      summaries developed and used in the performance of this      Agreement. |
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| 8.                    | Default. In the event that Consultant      fails to satisfy its obligations under this Agreement, PE, using      reasonablejudgment,      can terminate      this      Agreement upon 30      days      written notice, such decision in the sole discretion of      PE. |
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| 9.             | Severability. If any provision of this      Agreement is held to be invalid or unenforceable, the remaining provisions      of this Agreement will remain in full  force. |
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| 10.           | Entire Agreement. This Agreement, in      combination with PE's Nondisclosure Agreement, constitutes the complete      agreement between the Parties and that no other agreements, either written      or oral, exist between the Parties.      This Agreement shall      be governed by the laws of the state of New      Jersey. |
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| PriceEnergy.com,      Inc.                                                                                                                                                                                                                                                                                                                              | AXIS      CONSULTING SERVICES, LLC                                                                                                                                                                                                                                                                                |
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|                                                                                                                                                                                                                                                                                                                                                         |                                                                                                                                                                                                                                                                                                                   |
| By:            /s/ John      Vrabel                                                                                                        | By:            /s/ Joseph      Nocito                                                                                         |
|                                                                                                                                                                                                                                                                                                                                                         |                                                                                                                                                                                                                                                                                                                   |
| Name:       John      Vrabel                                                                                                          | Name:       Joseph      Nocito                                                                                           |
|                                                                                                                                                                                                                                                                                                                                                         |                                                                                                                                                                                                                                                                                                                   |
| Title:         C.O.O.                                                | Title:         President                                          |