| **CONTRATO                  DE PRESTACION DE SERVICIOS INTEGRALES**Conste                  por el presente documento el Contrato de Prestación de Servicios                  Integrales que celebran, de una parte, **OCEAN                  MARINE S.A.C.**,                  identificada con R.U.C. N° 20466351165 con domicilio en Calle Bolívar N°                  472 - Of. N° 304, Miraflores, Lima, debidamente representada por el señor                  Carlos Alberto Pinto Rocha, identificado con DNI N° 08249574, según poder                  inscrito en la Partida N° 11177833 del Registro de Personas Jurídicas de                  los Registros Públicos de Lima, a quien en adelante se denominará                  **OCEAN                  MARINE**,                  y; de la otra parte, **PURE                  BIOFUELS DEL PERÚ S.A.C.**,                  con R.U.C. N° 20513251506, y domicilio en Canaval y Moreyra N° 380,                  Oficina N° 402, San Isidro, Lima, debidamente representada por su                  Apoderado señor Luis Humberto Goyzueta Angobaldo,                  con D.N.I. No. 10609920, según                  poder inscrito en la Partida No. 11889878 del Registro de Personas                  Jurídicas de Lima, a quien en adelante se denominará **PURE                  BIOFUELS**,                  en                  los términos y condiciones siguientes:**PRIMERA****:** **ANTECEDENTES**1.1 **OCEAN                  MARINE**es                  una sociedad anónima constituida en el Perú por Escritura Pública de fecha                  30 de marzo del 2000, que se encuentra inscrita en la Partida Nro.                  11177833 del Registro de Personas Jurídicas de Lima.**OCEAN                  MARINE**es                  una persona jurídica con experiencia y dedicada al transporte y                  comercialización de combustibles e hidrocarburos que cuenta con el staff                  profesional y con experiencia en este rubro con capacidad de brindar |   | **INTEGRAL SERVICE                AGREEMENT**This                  Integral Service Agreement is entered into by and between **OCEAN                  MARINE S.A.C.**,                  identified with R.U.C. (Taxpayer) N° 20466351165, with address at Calle                  Bolívar N° 472 - Of. N° 304, Miraflores, Lima, duly represented by Carlos                  Alberto Pinto Rocha, identified with National Identity Card N° 08249574,                  as per power of attorney registered on Item N° 11177833 of the Registry of                  Legal Entities in and for Lima, hereinafter referred to as **OCEAN                  MARINE**,                  and **PURE                  BIOFUELS DEL PERÚ S.A.C.**,                  identified with R.U.C. (Taxpayer) N° 20513251506, with address at Canaval                  y Moreyra N° 380, Office N° 402, San Isidro, Lima, duly represented by its                  proxy Luis Humberto Goyzueta Angobaldo,                  identified                  with National Identity Card No. 10609920,                  as                  per power of attorney registered on Item N° 11889878 of the Registry of                  Legal Entities in and for Lima, hereinafter referred to as **PURE                  BIOFUELS**.The                  parties agree on the following terms and conditions: **FIRST****:** **BACKGROUND**1.1                       **OCEAN                      MARINE**is                      a corporation established in Peru as per Public Deed dated                      March 30 2000,                      which is registered on Item No 11177833 of                      the Registry of Legal Entities in and for Lima.**OCEAN                  MARINE**is                  an experienced legal entity dedicated to the transportation and                  marketing                  of fuels and hydrocarbons that employs experienced and professional                  staff                  in this sector with capacity to provide |
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| su                    asesoría en las áreas de financiamiento, transporte, mezcla,                    exportación e importación de todo tipo de productos derivados de                    hidrocarburos y biocombustibles, distribución,                    comercialización, almacenamiento, producción, promoción, red de contactos,                    administración, logística, entre otras. 1.2                                 **PURE                        BIOFUELS**es                        una sociedad anónima recientemente constituida el 10 de mayo de 2006 que                        requiere de una asesoría integral en las áreas de producción,                        distribución, almacenamiento, transporte, exportación e importación de                        hidrocarburos, combustibles e insumos, comercialización, promoción,                        administración y logística que le permita poner en marcha su proyecto de                        producción, almacenamiento y comercialización de combustibles y                        biocombustibles en la planta que se construirá a fines del año                        2007. **SEGUNDA****:** **OBJETO**Por                    medio del presente contrato, **PURE                    BIOFUELS**                    contrata los servicios de **OCEAN                    MARINE**,                    quien lo acepta y conviene en prestarle un servicio integral                    de asesoría,                    control y manejo de los aspectos y actividades vinculadas a lasáreas de:                    producción, distribución, almacenamiento, transporte, exportación e                    importación de hidrocarburos, combustibles e insumos, comercialización,                    promoción, administración y logística de **PURE                    BIOFUELS**. |   | consulting                      in the divisions of financing, transportation, mix, exports                      and imports of                      any kind of products derived from the hydrocarbons and biofuel,                      distribution, marketing, storage, production, promotion, networking,                      administration, logistics, etc. 1.2                                    **PURE                          BIOFUELS**is                          a corporation recently established on May 10, 2006 that                          requires a legal                          advice in the divisions of production, distribution, storage,                          transportation, exports and imports of hydrocarbons, fuels                          and supplies,                          marketing, promotion, administration and logistics which                          allow it                          implement its fuel and biofuel marketing, storage and production                          project                          in the plant to be constructed by the end of                          2007. **SECOND:** **SUBJECT                      MATTER**By                      virtue of the agreement hereof, **PURE                      BIOFUELS** contracts                      the services of **OCEAN                      MARINE**,                      which accepts it and agrees to render an integral service of                      consultancy,                      control and management of aspects and activities related with                      the                      divisions of: production, storage, transportation, exports                      and imports of                      hydrocarbons, fuels and supplies, marketing, promotion, administration                      and                      logistics of **PURE                      BIOFUELS**.  |
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| En                      ese sentido, **OCEAN                      MARINE**                      se                      compromete a otorgar un óptimo servicio, para lo cual se ha preocupado de                      sobremanera en implementar su negocio al contar con el staff                      capacitado y                      con amplia experiencia en los servicios materia del presente                      contrato.**TERCERA****:** **ALCANCES                      DEL SERVICIO**Los                      servicios que serán prestados por **OCEAN                      MARINE**en                      favor de **PURE                      BIOFUELS**                      en                      virtud del presente contrato son, enunciativa pero no limitativamente                      los                      siguientes:**3.1** **AREA                      DE TRANSPORTE Y LOGISTICA:**Recomendación,                      asesoría y soporte en lo siguiente:3.1.1                          Selección                      de transportistas de insumos y bienes en general.  3.1.2                        Asesoría                      en lo que respecta a la contratación de transportistas, compañías                      aseguradoras, coberturas de las pólizas de seguros, almacenes, agentes de                      aduanas, entre otros que sean requeridos para la importación de los                      insumos o bienes que requiera **PURE                      BIOFUELS**.  3.1.3                         Asesoría                      y control en los almacenes en los que se depositaran los bienes                      importados                      por **PURE                      BIOFUELS.**** **3.1.4    Gestión                      de seguros, cobertura de riesgos y negociación de primas. |   |   To                          such effect, **OCEAN                          MARINE**                          agrees to grant an optimum service. Therefore, it has given                          special                          attention to implement its business with trained and widely                          experienced                          staff in the services subject matter of this agreement.**THIRD****:** **SCOPE                          OF THE SERVICES**The                          services to be provided by **OCEAN                          MARINE**in                          favor of **PURE                          BIOFUELS**                          by                          virtue of this agreement are, including but not limited                          to the following:                          **3.1** **TRANSPORTATION                          AND LOGISTICS DIVISION**Recommendation,                          consultancy and support in the following:  3.1.1                               Selection                          of transporters of supplies and goods in general.    3.1.2     Advice                          regarding the contracting of carriers, insurance companies,                          coverage of                          the insurance policies, warehouses, customs agents, among                          others required                          for the imports of supplies or goods needed by **PURE                          BIOFUELS**.  3.1.3                            Advice                          and control of warehouses where the goods imported by **PURE                          BIOFUELS**                          shall be stored. 3.1.4    Insurance                          management, coverage of risks and prime negotiation.                            |
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| **3.2** **AREA                    COMERCIAL**Recomendación,                    asesoría y soporte en lo siguiente:3.2.1                          Gestión                        de importaciones y exportaciones3.2.2                          Contratación                        de fletes3.2.3                          Asesoramiento                        en el mercado3.2.4                          Gestión                        de nuevos contratos3.2.5                          Gestión                        de Garantías y demás documentos habituales en las transacciones                        comerciales**3.3** **AREA                    DE OPERACIÓN Y MANTENIMIENTO**Recomendación,                    asesoría y soporte en lo siguiente:3.3.1                          Elaboración                        de manuales y procedimientos de operación.3.3.2                          Elaboración                        e implantación de sistemas de aseguramiento de la                        calidad.3.3.3                          Control                        de costos de mantenimiento.3.3.4                          Planificación                        de producción y mantenimiento.3.3.5                          Implantación                        de sistemas de mantenimiento preventivo**3.4** **AREA                    TECNICA**Recomendación,                    asesoría y soporte en lo siguiente:3.4.1                          Apoyo                        técnico en todas las inversiones que se                        realicen. |   | **3.2** **COMMERCIAL                        DIVISION**Recommendation,                        advice and support in: 3.2.1                              Imports                            and Exports Management.3.2.2                              Freight                            Contracting.3.2.3                              Advice                            in the market.3.2.4                              Management                            of new agreements.3.2.5                              Management                            of Guarantees and other regular documents in the commercial                            transactions                            **3.3** **OPERATION                        AND MAINTENANCE DIVISION**** **Recommendation,                        advice and support in:3.3.1                              Preparation                            of operation manuals and procedures.3.3.2                            Preparation                            and implementation of quality assurance systems.3.3.3                              Control                            of costs and maintenance.3.3.4                              Production                            and maintenance planning.3.3.5                              Implementation                            of preventive maintenance systems **3.4** **TECHNICAL                        DIVISION**Recommendation,                        advice and support in:3.4.1                            Technical                            support in all the investments                            done. |
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| 3.4.2                          Supervisión                        de ingeniería básica, especificaciones de ingeniería de detalle,                        precalificación y evaluación de ofertantes, aseguramiento de calidad y                        control de actividades de construcción y puesta en marcha de                        proyectos.3.4.3                          Diseño                        e implantación de métodos de planificación de producción y, en especial,                        su integración junto con los sistemas de                        información.3.4.4                          Análisis                        de compra de equipos o servicios, con respecto a calidad                        y                        precios.**CUARTA****:** **CARACTERISTICAS                    DEL SERVICIO**4.1                          **OCEAN                        MARINE**asesorará                        en las distintas áreas de **PURE                        BIOFUELS**de                        acuerdo a los términos del presente contrato y se podrá destacar personal                        por **OCEAN                        MARINE**                        para supervisar y mantener un contacto proactivo en las actividades                        derivadas de la asesoría materia de este contrato, en estrecha                        coordinación y previa consulta al gerente general de **PURE                        BIOFUELS**                        y                        demás funcionarios con capacidad de dirección.4.2                          **OCEAN                        MARINE**establecerá                        los procedimientos, necesarios para la mejor prestación de los servicios a                        favor de **PURE                        BIOFUELS**. |   | 3.4.2                            Supervision                          of basic engineering, specifications of detailed engineering,                          pre                          qualification and evaluation of offerors, quality assurance                          and control of                          construction activities as well as project implementation.3.4.3                                Design                              and implementation of production planning methods and                              especially their                              integration to the information systems. 3.4.4                                Analysis                              of equipment or services acquisition regarding quality                              and prices.                               **FOURTH****:** **CHARACTERISTICS                          OF THE SERVICES**4.1                                **OCEAN                              MARINE**shall                              advice in the different divisions of **PURE                              BIOFUELS**in                              accordance with the terms hereof and its staff shall                              be able to be                              appointed in order to inspect and keep a proactive                              contact in the                              activities derived from the advice subject matter of                              this agreement, in                              close coordination and prior consultancy to the general                              manager of                              **PURE                              BIOFUELS**                              and other officers with management capacity. 4.2                                **OCEAN                              MARINE**shall                              establish the necessary procedures for the best rendering                              of services in                              favor of **PURE                              BIOFUELS**. |
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| 4.3                                      Sin                                perjuicio de lo mencionado en los puntos precedentes,**OCEAN                                MARINE**                                prestará sus servicios en las áreas administrativas, financieras y                                productivas a favor de **PURE                                BIOFUELS**,                                previa coordinación y acuerdo de ambas partes                                contratantes.4.4      **OCEAN                                MARINE**y                                en lo que respecta a los servicios comprendidos en                                este contrato brindará                                su asesoría en lo relacionado a las relaciones externas de**PURE                                BIOFUELS**frente                                a las entidades estatales o privadas vinculadas a                                las actividades de esta                                última.4.5      Las                                partes se reunirán periódicamente para tratar los temas relacionados a la                                ejecución del presente contrato, tanto para evaluar los resultados                                de la                                asesoría efectuada como establecer el plan de trabajo de                                nuevas acciones.                                ** ** **QUINTA:** **STAFF                            PROFESIONAL**Los                            profesionales seleccionados por **OCEAN                            MARINE**                            para la prestación del servicio a favor de **PURE                            BIOFUELS**                            podrán ser personal de su propia planilla o personal independiente,                            siempre que tenga el mismo grado de cualificación profesional y                            experiencia que el requerido por **OCEAN                            MARINE**                            para el desempeño de las mismas funciones en las áreas y servicios que son                            objeto de este contrato, es decir que **OCEAN                            MARINE**puede                            hacerse valer del apoyo o servicios de terceros para                            cumplir con la                            prestación contenida en este contrato, siempre que dichos terceros                            cuenten                            con las cualidades adecuadas. |   | 4.3                                       Without                                  prejudice of the foregoing, **OCEAN                                  MARINE**                                  shall render its services in the administrative,                                  financing and production                                  divisions in favor of **PURE                                  BIOFUELS**,                                  prior coordination and agreement of both contracting                                  parties.                                  4.4                                     **OCEAN                                  MARINE,**                                  regarding the services included herein, shall advice                                  in everything related                                  to the external affairs of **PURE                                  BIOFUELS**before                                  the public or private entities related with the                                  activities of the last                                  mentioned. 4.5                                       The                                  parties shall meet from time to time in order to                                  deal with the subjects                                  related to the execution hereof as well as to assess                                  the results of the                                  advice made and establish the work plan of new                                  actions. ** ** **FIFTH: ****ROFESSIONAL                              STAFF**The                              professionals selected by **OCEAN                              MARINE**                              for rendering the services in favor of **PURE                              BIOFUELS**                              shall be staff of their own payroll or independent                              staff provided that                              they have the same professional qualification level                              and experience                              required by **OCEAN                              MARINE**                              for the performance of the same functions in the divisions                              and services                              subject of this agreement, i.e. that **OCEAN                              MARINE**may** **use                              the support or service of third parties to comply with                              the rendering of                              services contained herein, provided that such third                              parties have the                              correct qualification. |
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| Queda                                expresamente establecido que dentro del staff profesional                                para la                                prestación del presente contrato **OCEAN                                MARINE**podrá                                contar entre otros con los servicios de los señores: Carlos Alberto Pinto                                Rocha; Luis Humberto Goyzueta Angobaldo y Gustavo                                Adolfo Goyzueta                                Angobaldo, asistencia que por este acto **PURE                                BIOFUELS**declara                                aceptar. **PURE                                BIOFUELS**                                podrá determinar en cada oportunidad el tipo de colaboración que requiere                                dentro del ámbito de los servicios a que se refiere el presente                                contrato,                                impartiendo las directivas o instrucciones que resulten                                pertinentes para                                el adecuado desarrollo de los referidos servicios                                y ejerciendo las labores                                de supervisión que considere convenientes.**OCEAN                                MARINE**                                le                                informará a **PURE                                BIOFUELS**                                respecto del número de personas necesarias para la prestación de los                                servicios y le comunicará su nominación. **PURE                                BIOFUELS**                                estará facultado para vetar, por causa justificada, el número de personas                                o la designación de las mismas, en cuyo caso **OCEAN                                MARINE**                                deberá designar nuevos candidatos.**PURE                                BIOFUELS**                                podrá sustituir en cualquier momento a cualquiera de las                                personas                                designadas, de conformidad con su propia política de Recursos                                Humanos. |   | It                                is expressly established that **OCEAN                                MARINE**                                may have the collaboration, among others, of: Carlos                                Alberto Pinto Rocha;                                Luis Humberto Goyzueta Angobaldo y Gustavo Adolfo                                Goyzueta Angobaldo                                within the professional staff for the rendering of                                services hereof. Their                                support is declared to be accepted hereby by **PURE                                BIOFUELS**.                                **PURE                                BIOFUELS**                                may determine at any time the kind of the collaboration                                required within                                the scope of the services referred to herein by establishing                                the pertinent                                guidelines or instructions for the correct development                                of such services                                and execution of the supervision works deemed to                                be convenient.                                **OCEAN                                MARINE**                                shall inform **PURE                                BIOFUELS**                                about the number of people necessary for the rendering                                of services and                                their appointment shall also be reported. **PURE                                BIOFUELS**                                shall be entitled to veto, due to a justified cause,                                the number of people                                or appointment thereof, in which case **OCEAN                                MARINE**                                shall appoint new candidates. **PURE                                BIOFUELS**                                shall be able to substitute at any time any of the                                appointed people, in                                accordance with its own Human Resources policy. |
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| **SEXTA:** **EXONERACION                                DE RESPONSABILIDAD DE LAS PARTES**   Ningún                                incumplimiento o retraso de cualquiera de las partes                                en el cumplimiento de                                sus obligaciones dará lugar a reclamación de una parte frente a la otra,                                cuando dicho incumplimiento o retraso tenga su origen                                en causa de fuerza                                mayor o caso fortuito, entendiéndose por tal, a los efectos del presente                                contrato, cualquier acontecimiento                                o circunstancia razonablemente fuera del control                                de las                                partes.  Sin                                perjuicio de lo dispuesto en el párrafo anterior, ninguna de las partes                                quedará liberada del pago de cualquier cantidad adeudada                                en virtud de este                                contrato. Asimismo, las partes dejan constancia que                                ninguna crisis                                económica y/o financiera, escasez de liquidez y/o de flujo                                de caja serán                                consideradas como causas de fuerza o mayor o caso                                fortuito.Las                                partes se notificarán inmediatamente la existencia de cualquier causal                                de                                fuerza mayor o causa mayor que exima o pueda eximir                                el incumplimiento de                                sus obligaciones con arreglo a lo pactado en la presente                                cláusula. |   | **SIXTH:** **WAIVER OF RESPONSIBILITIES FROM THE PARTIES** Any                                  failure to compliance or default of any of the                                  parties in the compliance                                  with their obligations shall result in a claim                                  of one party against the                                  other, when such failure to compliance or default                                  resulted from                                  unforeseeable circumstances or force majeure. They                                  shall be understood as                                  any event or circumstance reasonably beyond the                                  control of the parties, to                                  the effects of this agreement. Without                                  prejudice of the foregoing, any of the parties                                  shall be exempted from the                                  payment of any amount owed hereunder. Furthermore,                                  the parties hereby                                  record that no economic and/or financial crisis,                                  liquidity shortage and/or                                  cash flow shall be considered as unforeseeable                                  circumstances or force                                  majeure.                                  The                                  parties shall inform forthwith to the other party                                  of the existence of any                                  unforeseeable circumstances or force majeure that                                  exempt or may exempt                                  from complying with their obligations in accordance                                  herewith. |
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| **SÉPTIMA****:** **PLAZO**El                                  plazo de vigencia del presente contrato será de dos (02) años contados a                                  partir de la fecha de suscripción del mismo.Queda                                  expresamente establecido entre las partes que si                                  vencido el plazo indicado                                  en el párrafo precedente y **OCEAN                                  MARINE**continuará                                  brindado sus servicios a **PURE                                  BIOFUELS,**no                                  se entenderá que hay prórroga tácita de este contrato sino la continuación                                  del servicio en los términos pactados en este acuerdo hasta que cualquiera                                  de las partes solicite su termino, lo cual podrá ocurrir en cualquier                                  momento después de terminado el plazo de vigencia a que se refiere                                  esta                                  cláusula sétima.**OCTAVA****:** **RESOLUCIÓN**Conforme                                  a lo dispuesto por el Artículo 1429° del Código Civil el incumplimiento                                  por cualesquiera de las partes de las obligaciones                                  que le son inherentes                                  en virtud del presente contrato, autoriza a la                                  otra parte a requerirla,                                  para que satisfaga la prestación a su cargo en un plazo no menor de quince                                  (15) días bajo apercibimiento de que en caso contrario,                                  el contrato queda                                  resuelto de pleno derecho.Si                                  la prestación u obligación no se cumple dentro del plazo señalado, el                                  contrato se resolverá de pleno derecho, quedando a cargo del deudor la                                  indemnización que de acuerdo a la ley pudiera corresponderle                                  o los daños y                                  perjuicios derivados del                                  incumplimiento. |   | **SEVENTH****:** **TERM**The                                    effective period hereof shall be two (02) years                                    counted from the execution                                    date thereof. It                                    is expressly established between the parties                                    that should the term                                    mentioned in the precedent paragraph be due and**OCEAN                                    MARINE**continues                                    rendering the services to **PURE                                    BIOFUELS,**it                                    shall not be understood that there is a implicit                                    extension of this                                    agreement but the continuation of the service                                    in the terms agreed herein                                    until any of the parties applies for its termination,                                    which may happen at                                    any time after the effectiveness term hereof                                    is due referred to on the                                    seventh clause. **EIGHTH****:** **TERMINATION**Pursuant                                    to the Article 1429° from the Civil Code, the failure to comply with                                    the                                    obligations inherent to the any of the parties                                    hereunder entitles the                                    other party to demand the other party the compliance                                    therewith in a term                                    not longer than fifteen (15) days, otherwise,                                    the agreement is terminated                                    by operation of law.  If                                    the rendering or obligation is not complied within                                    such term, the                                    agreement is terminated by operation of law.                                    Therefore, the debtor is                                    liable for the indemnity that may arise for the                                    loss and damages derived                                    therefrom in accordance with the law. |
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| Sin                                    perjuicio de ello, cualquiera de las partes podrá resolver el presente                                    contrato sin conceder ningún plazo a la otra en caso éste incumpla las                                    obligaciones asumidas en el presente contrato                                    y, especialmente, en caso no                                    ejecute las prestaciones pactadas en las cláusulas tercera y cuarta. Para                                    ello bastará que la parte afectada curse una comunicación a la contraparte                                    haciéndole saber su decisión de valerse de la presente                                    estipulación.La                                    parte que procediera a la terminación del contrato invocando                                    justificadamente la presente cláusula, quedará liberada de toda                                    responsabilidad y estará exenta del pago de todo tipo de indemnizaciones                                    por reparaciones de cualquier índole, derivadas de la resolución del                                    contrato.**NOVENA****:** **CONTRAPRESTACION**Por                                    los servicios prestados, **PURE                                    BIOFUELS**                                    se                                    obliga a abonar en favor de **OCEAN                                    MARINE**en                                    calidad de contraprestación lo siguiente:9.1.                                             Por                                        los servicios que se presten desde el mes                                        de octubre del 2006 a junio del                                        2007, se pagará la suma de US$ 33,335.00 (Treinta y Tres                                        Mil Trescientos                                        Treinta y Cinco con 00/100 Dólares Norteamericanos)                                        mensuales. |   | Without                                      prejudice thereof, any of the parties may terminate                                      this agreement without                                      granting any term to the other party should                                      one party fail to comply with                                      the obligations assumed herein and, especially,                                      should one party fail to                                      comply with the services agreed on the third                                      and fourth clause. Thus, it                                      shall be enough that the affected party files                                      a notice to the other party                                      informing its decision to exercise this provision.The                                      party that terminates this agreement by alleging                                      this clause with due                                      grounds shall be released from any liability                                      and exempted from the payment                                      of any kind of compensation for damage of any                                      type derived from the                                      termination hereof. **NINTH****:** **CONSIDERATION**For                                      the services rendered, **PURE                                      BIOFUELS**                                      agrees to pay in favor of **OCEAN                                      MARINE**as                                      consideration the following:   9.1.                                              For                                          the services rendered from October 2006                                          to June 2007, the amount of US$                                          33,335.00 shall be paid (Thirty Three Thousand                                          Three Hundred Thirty Five                                          with 00/100 American Dollars) per                                          month. |
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| Las                                      partes considerando que **PURE                                      BIOFUELS**debe                                      programar el pago de las inversiones iniciales                                      de su planta que se                                      construirá a fines del año 2007, convienen que el honorario a que se                                      refiere este numeral 9.1. será pagado a mas tardar el 15 de julio del                                      2007, caso contrario **OCEAN                                      MARINE**                                      podrá resolver el presente contrato y solicitar el                                      pago de la                                      contraprestación adeudada más los intereses más altos permitidos por                                      Ley.9.2.                                               A                                      partir del mes de julio del 2007, la contraprestación mensual será de US$                                      28,335.00 (Veintiocho Mil Trescientos treinta                                      y cinco con 00/100 Dólares                                      Norteamericanos) mensuales, los cuales se pagarán por mes                                      vencido.Sin                                      perjuicio a la disposición del staff profesional que decida **OCEAN                                      MARINE**                                      para la prestación del servicio objeto de este Contrato,** **las                                      partes acuerdan que por la intervención del Sr. Carlos Alberto Pinto Rocha                                      **OCEAN                                      MARINE**                                      cobrará a **PURE                                      BIOFUELS**                                      la                                      suma de US$ 10,000.00 (Diez Mil con 00/100                                      Dólares Norteamericanos), por                                      la intervención de Luis Humberto Goyzueta Angobaldo la suma                                      de US$                                      10,835.00 (Diez Mil Ochocientos Treinta y Cinco                                      con 00/100 Dólares                                      Norteamericanos) y por la participación de Gustavo Adolfo Goyzueta                                      Angobaldo la suma de US$ 7,500.00 (Siete Mil                                      Quinientos con 00/100 Dólares                                      Americanos). |   | parties                                        when considering that **PURE                                        BIOFUELS**shall                                        schedule the payment of the initial investments                                        of its plant to be                                        constructed by the end of 2007, agree that                                        the amount referred to in this                                        sub paragraph 9.1. shall be paid not later                                        than July 15th                                        2007, otherwise, **OCEAN                                        MARINE**                                        may terminate this agreement and apply for                                        the due consideration payment                                        plus the highest interest rates permitted                                        by Law. 9.2.                                                 From                                        July 2007, the monthly consideration shall                                        be US$ 28,335.00 (Twenty eight                                        thousand three hundred and thirty five with                                        00/100 American Dollars) per                                        month, which shall be paid per due month.Without                                        prejudice of the provision of the professional                                        staff decided by                                        **OCEAN                                        MARINE**                                        for the rendering of service subject matter                                        of this Agreement, the parties                                        agree that in consideration to the collaboration                                        of Carlos Alberto Pinto                                        Rocha **OCEAN                                        MARINE**                                        collects the amount of US$ 10,000.00 (Ten                                        Thousand with 00/100 American                                        Dollars), in consideration to the collaboration                                        of Luis Humberto Goyzueta                                        Angobaldo, the amount of US$ 10,835.00 (Ten                                        Thousand Eight Hundred Thirty                                        Five with 00/100 American Dollars) and in                                        consideration to the                                        collaboration of Gustavo Adolfo Goyzueta                                        Angobaldo the amount of US$                                        7,500.00 (Seven Thousand Five Hundred with                                        00/100 American Dollars) from                                        **PURE                                        BIOFUELS**. |
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| **DECIMA****:** **RESOLUCION**No                                      obstante, los plazos establecidos en la cláusula cuarta de este contrato,                                      **OCEAN                                      MARINE**                                      o                                      **PURE                                      BIOFUELS**                                      quedarán facultadas para resolver total o parcialmente                                      el presente                                      contrato en caso se produzca el incumplimiento                                      de las obligaciones                                      asumidas por cualquiera de ellas en virtud                                      del mismo.Para                                      ello, la parte afectada con el incumplimiento                                      deberá comunicarle a la otra                                      su intención de resolver el presente contrato, otorgándole un plazo máximo                                      de quince (15) días a efectos que adecue su comportamiento a                                      lo                                      establecido en el mismo, de no ocurrir ello,                                      el contrato se entenderá                                      resuelto, parcial o totalmente, de pleno derecho.**DECIMO                                      PRIMERA****:** **INDEPENDENCIA                                      DE LAS PARTES**En                                      la medida que entre **OCEAN                                      MARINE**                                      y                                      **PURE                                      BIOFUELS**                                      no                                      existe sino una simple relación civil y comercial derivada del presente                                      contrato, queda claramente establecido que                                      cada una será responsable                                      frente a sus trabajadores por los respectivos                                      derechos y beneficios                                      laborales de éstos.Asimismo,                                      **OCEAN                                      MARINE**                                      no                                      se responsabiliza por el incumplimiento por                                      parte de **PURE                                      BIOFUELS**                                      de                                      sus obligaciones en materia administrativa,                                      tributaria o, en general, por                                      la obtención o renovación de sus autorizaciones, permisos, licencias,                                      concesiones o similares exigidos para el desarrollo                                      de sus actividades                                      empresariales. |   | **TENTH****:** **TERMINATION**Notwithstanding                                        the terms established in the fourth clause                                        hereof, **OCEAN                                        MARINE**                                        or                                        **PURE                                        BIOFUELS**                                        shall be entitled to terminate this agreement                                        totally or partially in case                                        any of the parties fail to comply with the                                        obligations assumed by any of                                        them hereunder. To                                        such effect, the party affected with such                                        the failure of compliance shall                                        report to the other party its intention to                                        terminate this agreement by                                        granting a maximum term of fifteen (15) days                                        in order that it can arrange                                        its behavior to the established obligation,                                        otherwise, this agreement                                        shall be terminated partially or totally                                        by operation of law.**ELEVENTH****:**  **INDEPENDENCE                                        OF THE PARTIES**To                                        the extent that between **OCEAN                                        MARINE**                                        and **PURE                                        BIOFUELS**                                        there is only a simple civil and commercial                                        relation derived from this                                        agreement, it is clearly established that                                        each party is responsible before                                        its workers for the corresponding rights                                        and labor benefits thereof.                                        Furthermore,                                        **OCEAN                                        MARINE**                                        is                                        not responsible for the failure to comply                                        with **PURE                                        BIOFUELS**’s                                        obligations in administrative, tax or in                                        general matters, for the                                        obtaining or renewal of its authorizations,                                        permissions, licenses,                                        concessions or similar required for the development                                        of its business                                        activities. |
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| **DECIMO                                        SEGUNDA****:                                        CONFIDENCIALIDAD****OCEAN                                        MARINE**,                                        así como sus funcionarios, empleados y servidores,                                        si los tuviera, se                                        comprometen a mantener la mayor confidencialidad                                        sobre cualquier                                        información que puedan recibir con relación a la prestación del servicio                                        materia del presente contrato.No                                        estará sujeta a la anterior restricción la información que fuere requerida                                        revelar y divulgar, en la medida que ello                                        así lo fuere, por las leyes o                                        por las normas jurídicas o reglamentos vigentes respecto de                                        cualquier                                        Bolsa de Comercio o Mercado de Valores en                                        que se coticen o transen las                                        acciones u otros valores de las partes, y/o                                        de cualquiera de sus socios, o                                        que se relacionen con una solicitud a cualquier                                        Bolsa de Comercio o                                        Mercado de Valores, incluyéndose, en todos los casos la información que                                        debe ser suministrada a los respectivos organismos                                        de control. **DECIMO                                        TERCERA:****INCESIBILIDAD DEL PRESENTE CONTRATO:**Queda                                        claro que **OCEAN                                        MARINE**                                        deberá prestar los servicios materia del presente                                        contrato de manera                                        directa, no pudiendo ceder, transferir ni                                        desprenderse en favor de                                        terceros de alguna de las obligaciones asumidas                                        en virtud del mismo, salvo                                        autorización escrita de **PURE                                        BIOFUELS.** |   | **TWELVETH****:** **CONFIDENTIALITY****OCEAN                                        MARINE**,                                        as well as its officials, employees and collaborators,                                        as appropriate,                                        agrees to keep the greatest confidentiality                                        about any kind of information                                        that it may receive in relation with the                                        rendering of service subject                                        matter of this agreement. The                                        information required to be disclosed and                                        communicated according to the                                        laws or legal rules or regulations in force                                        with respect to any Stock                                        Market or the Stock Exchange Market where                                        the shares are listed or                                        transferred or other securities from the                                        parties, and/or any of their                                        partners, or which are related to an application                                        to any Stock Market or                                        the Stock Exchange Market, including, in                                        any case the information that                                        shall be supplied to the corresponding controlling                                        entities shall not be                                        subject to the previous restriction. **THIRTEENTH****:**  **ASSIGNMENT                                        OF THIS AGREEMENT**It                                        is hereby clearly established that **OCEAN                                        MARINE**                                        shall render the services subject matter                                        of this agreement directly, and                                        no obligations hereunder may be assigned,                                        transferred or given to third                                        parties except for the written authorization                                        of **PURE                                        BIOFUELS**. |
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| **DECIMO                                          CUARTA****:** **COMPETENCIA                                          Y DOMICILIO DE LAS PARTES**Las                                          partes señalan como sus domicilios los indicados                                          en la introducción de                                          este documento, lugares donde se remitirán todas las comunicaciones o                                          notificaciones a que hubiese lugar.Asimismo                                          establecen que en caso de conflicto respecto                                          de la ejecución o                                          interpretación del presente contrato se someterán a la jurisdicción de los                                          jueces Lima.Las                                          partes suscriben el presente contrato en                                          la ciudad de Lima a los 29 días                                          del mes de septiembre de                                          2006. |   | **FOURTEENTH****:** **JURISDICTION                                        AND DOMICILE OF THE PARTIES**The                                        parties establish as their domiciles those                                        indicated in the introduction                                        hereof. Any communication or notice shall                                        be addressed to such places.                                        Additionally,                                        the parties submit to the jurisdiction of                                        the judges of Lima in case of                                        conflict with regards to the execution or                                        construction hereof.                                        The                                        parties execute this agreement in the city                                        of Lima this 29th of September                                        2006. |
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|   | **OCEAN                    MARINE** |   | **PURE                    BIOFUELS** |   | **OCEAN                    MARINE** |   | **PURE                    BIOFUELS** |   |
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