Exhibit 10.1
 ***Portions omitted pursuant to a request for confidential treatment and filed separately with the
Securities and Exchange Commission.***
 VBV ETHANOL MARKETING AGREEMENT
   1.
    
    Term and Termination: The initial term of this Agreement (the Initial Term) shall
commence on the date hereof and shall continue for [*] from the first day of the first month
commencing after the date of the first Bill of Lading delivered hereunder and thereafter.
Following the Initial Term, this Agreement shall automatically renew for successive [*] terms
(each a Renewal Term), unless terminated on the expiration date of the Initial Term or any
Renewal Term, in each case by either Party with at least [*] days written notice prior to such
expiration date.
  *
    
    Portion omitted pursuant to a request for confidential treatment and filed separately with the
Securities and Exchange Commission.




---



##### 



2.
    
    Quantity and Quality:
 A.
    
    HES shall sell exclusively to VBV and VBV shall purchase from HES the total
output of fuel grade ethanol (Ethanol) produced at HESs New Hampton, Iowa facility
(Plant), currently anticipated being one-hundred and ten (110) million gallons per
year. Ethanol shall be delivered FOB the Plant, and title shall pass at the Title
Transfer Point (as defined in Section 5.C.). Ethanol produced for the intended use as
an alternative or racing fuel shall not be excluded from this Agreement.
 B.
    
    Such Ethanol shall meet or exceed the quality specifications set forth in ASTM
4806 for Fuel Grade ethanol or changes as promulgated on the industry. The ASTM 4806
specifications are attached hereto and made a part hereof as Exhibit A. VBV shall
have the right to change such quality specifications from time to time in order to meet
industry standards. VBV shall have the right to reject any Ethanol which does not meet
such specifications.
 3.
    
    VBV shall:
 A.
    
    Market all of the Ethanol produced by HES at the Plant, at the price outlined
in Section 5;
 B.
    
    Remit payment to HES for the Ethanol as provided in Section 5; and
 C.
    
    Be responsible for all transportation of the Ethanol including, without
limitation, the scheduling all shipments of Ethanol with HES.
 4.
    
    HES shall:
 A.
    
    Provide to VBV on a timely basis annual production forecasts, monthly updates
to the rolling twelve month production forecasts, monthly updates, daily plant
inventory balances and shipment information, and other information reasonably requested
by VBV; HES shall use its commercially reasonable efforts to meet the monthly
production targets reflected in the then-current annual production forecast;
 B.
    
    Notify VBV promptly of any material unscheduled shut-down, suspension or
significant decrease in production at the Plant that was not reported in the rolling
twelve month production forecasts or monthly updates provided under Section 4.A. above;
 *
    
    Portion omitted pursuant to a request for confidential treatment and filed separately with the
Securities and Exchange Commission.  2




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##### 



C.
    
    Provide to VBV specifications and certificates of analysis of the Ethanol sold
to VBV that are consistent with the specifications referred to in Section 2.B. above;
HES shall, at its expense, provide or cause to be provided all testing and related test
equipment at or in the vicinity of the Plant to determine compliance with such
specifications and VBV or its representative shall, at VBVS expense, have the right to
perform periodic tests to determine compliance with such specifications.
 D.
    
    Be responsible for compliance with all federal, state and local rules,
regulations and requirements regarding the shipment of Ethanol from the Plant,
including but not limited to, all U.S. Department of Transportation (DOT)
requirements relating to shipment of hazardous materials (e.g. proper paperwork,
railcars meeting DOT requirements, etc.).
 E.
    
    Provide for a minimum of [*] days storage based on nameplate capacity of 110
MGPY on HESs premises;
 F.
    
    For all gallons sold to VBV, use certified meters or weight-scales that provide
both gross and net 60° Fahrenheit temperature compensated gallons; and
 G.
    
    Provide any of the information to be provided by HES pursuant to this Section 4
to VBV electronically in data form, if such information is available in such form.
 5.
    
    Marketing/Pricing/Risk of loss/Payment
 A.
    
    Marketing: Since VBV shall have the exclusive rights to market all
of the fuel grade Ethanol produced by HES, VBV agrees to use its commercially
reasonable efforts to market all such fuel grade Ethanol and be totally responsible
for the marketing, sale and delivery of all the production from HESs facility during
the term of this agreement, including, but not limited to:
 
    
    Obtaining and scheduling sufficient railcar, tank trucks and other
transport as may be needed to handle said production;
 
    
    Negotiating the rates and tariffs to be charged for delivery of such
production to the customer;
 
    
    Promoting and advertising the sale of fuel grade ethanol as appropriate;
 
    
    Ascertaining that such production is delivered where contracted and
intended;
 
    
    Handling all purchase agreements with consumers and any complaints in
connection therewith; and
 
    
    Collecting all accounts and undertaking any legal collection procedures
as may be necessary.
 *
    
    Portion omitted pursuant to a request for confidential treatment and filed separately with the
Securities and Exchange Commission.  3




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##### 



B.
    
    Sales Price: VBV will use its commercially reasonable efforts to
obtain the best price for all fuel grade ethanol offered to be bought and reported to
the designated person within HES in a timely manner such intent to buy. VBV agrees to
use its commercially reasonable efforts to communicate with HES the terms and
conditions of all bids for the ethanol associated with this production facility prior
to the entering of any contracts obligating HES to such contract, provided that HES has
given its consent, written or verbal, to enter into such contract. To the extent HES
does not agree to any bids presented by VBV, VBV shall be relieved of any obligations
hereunder to market such Ethanol. The per gallon price HES shall receive for the
Ethanol sold to VBV under this Agreement shall be based on the Net Selling Price. Net
Selling Price for each gallon sold is (the Netback): the contract selling price less
all direct costs (on a per gallon basis) incurred by VBV in conjunction with the
handling, movement and sale of such ethanol, including but not limited to terminal
lease charges, throughput charges, terminal shrinkage costs, freight charges, tariffs,
costs of leasing railcars, trucks, river barges and ocean going vessels (all at cost),
government taxes and assessments, insurance, inspection fees, and working capital
carrying costs (to be shown as a separate line item on the end of month calculation for
the Equalized Netback), costs of purchasing and delivering replacement ethanol due to
lost or interrupted ethanol production and other costs. VBV and HES shall jointly
determine the estimated monthly Netback (on a per gallon basis) (the Estimated Monthly
Netback) for each month. The establishment of the Estimated Monthly Netback will be
on the first business day of the month with the intention being to establish the
Estimated Monthly Netback to be within $.05 of the final actual Netback (on a per
gallon basis) for the Month (the Equalized Netback). This value will enable the
payment of HES prior to the final Equalized Netback value determined at the end of the
month.
 C.
    
    Risk of loss: Except as otherwise provided in this Agreement, VBV will
bear all sales, marketing, logistics services/management costs and collection costs
after the Ethanol produced at the Facility passes across the inlet flange into rail
cars or tank trucks at the Facility (Title Transfer Point). Title and Risk of loss to
the Ethanol shall transfer from HES to VBV at the Title Transfer Point. Until such
time, Producer shall be deemed to be in control of and in possession of and shall have
title to and risk in the Ethanol. VBV is responsible for (i) all billing in regard to
the sale of Ethanol from the Plant, (ii) collection of all account receivables, and
(iii) all bad accounts. All risks associated with account receivables shall be borne
by VBV.
 D.
    
    Commission: For each gallon of Ethanol sold to VBV under this
Agreement in any month, VBV shall invoice HES separately $[*] per gallon delivered in
any calendar month. Invoice will be due by the [*] business day of the following
month. If VBV markets in excess of 130 million gallons in a calendar year for HES the
commission rate will revert to $[*]/gallon back to gallon one in the calendar year,
with rebate for the excess commission payment to be payable to HES on the next payment
schedule to HES.
 *
    
    Portion omitted pursuant to a request for confidential treatment and filed separately with the
Securities and Exchange Commission.  4




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##### 



E.
    
    Payment: For all quantities of Ethanol purchased by VBV from HES and
shipped from the Plant during a one-week period beginning on Monday and ending on the
following Sunday, VBV shall pay the Estimated Monthly Netback referred to in this
Section 5.B. by ACH or wire no later than [*] days following the end of said one-week
period. If at calendar months end, the Equalized Netback exceeds the estimated
Monthly Netback, VBV shall pay HES on or before the [*] day of the following calendar
month an amount equal to the product of (x) the difference between the Estimated
Monthly Netback and Equalized Netback, and (y) the aggregate quantity (on a gallon
basis) of Ethanol purchased by VBV from HES during such month. If the Equalized
Netback is less than the Monthly Estimated Netback, HES shall pay VBV on or before the
[*] day of the following calendar month (and VBV shall have the right to withhold and
set off from future payments to HES), an amount equal to the product of (x) the
difference between the Equalized Netback and the Estimated Monthly Netback, and (y) the
aggregate quantity (on a gallon basis) of Ethanol purchased by VBV from HES under this
Agreement during such month. Within [*] days of the end of a month, VBV shall provide
to HES all information necessary to calculate the Equalized Netback and determine the
payment between the parties under this Section 5.E.
 F.
    
    Supporting Records: VBV shall keep a set of books and records in
accordance with generally accepting accounting principles with respect to all sales of
Ethanol hereunder and all costs and commissions associated therewith, and shall make
such books and records reasonably available to HESs independent outside accounting
representatives (upon execution by such independent outside accounting representative
of a mutually agreeable confidentiality agreement) at VBVs office at any time by
appointment during normal business hours upon at least five (5) business days prior
written notice; providedthat HES shall be entitled to no more than two (2) such visit
in any year and HES s independent outside accounting representatives shall be
permitted to disclose to HES only aggregate summary information of the results of its
review, and not any contract or customer specific information. In addition, VBV shall
provide HES by e-mail or fax with supporting documentation regarding the Equalized
Netback value. If HES independent outside accounting representatives discover any
discrepancy in VBVs accounting records resulting in an underpayment or overpayment of
the actual Equalized Netback to HES, VBV shall pay the underpayment to HES within five
days of written notice to VBV, and HES shall pay the overpayment to VBV within five
days of it learning of the overpayment from it independent outside accounting
representative. In the event the underpayment is in excess of one percent (1%) of the
Equalized Netback for the [*] month period ending on the last month of the period
reviewed, VBV shall pay HESs audit expenses. Any amount of underpayment or
overpayment shall accrue interest at the verified cost of HES money for their revolving
bank line of credit per annum from the date that the payment should have originally
been made until the date payment in full has been received by the party entitled to
such payment.
 *
    
    Portion omitted pursuant to a request for confidential treatment and filed separately with the
Securities and Exchange Commission.  5




---



##### 



6.
    
    Responsibility for Dedicated Railcars: HES acknowledges that VBV will enter into
leases or other arrangements intended to secure the availability of sufficient railcars to
ship the Ethanol produced at the Plant as contemplated by this Agreement (Dedicated
Railcars). VBV and HES shall agree to the number and term of such arrangements for rail cars
prior to entering into said agreements. In the event HES or VBV terminates this Agreement and
VBVs commitments with respect to the Dedicated Railcars allocated to the HES New Hampton, IA
plant which are the subject of such termination continue past the date of such termination,
HES shall be responsible for all of VBVs costs and expenses (including without limitation
lease payments, carrying costs and finance charges) related to such Dedicated Railcars after
the date of such termination. VBV and HES shall cooperate in good faith to minimize the
amount of any such costs and expenses, including, using commercially reasonable efforts to
assign VBVs rights and obligations with respect to the Dedicated Railcars to HES. Subject to
the foregoing, HES will have the right to receive an assignment of VBVs rights and
obligations with respect to the Dedicated Railcars so that HES may use such Dedicated
Railcars, in the event this Agreement is terminated. In the event that the Plant does not
start up or fails to provide substantially the contemplated volumes of Product, any costs
incurred for such Dedicated Railcars not so utilized shall be incurred by HES.
 7.
    
    Indemnity: VBV shall indemnify, defend, and hold HES and its affiliates,
subsidiaries, parents, and its and their respective directors, officers, stockholders,
employees, and agents (collectively, the HES Indemnified Persons) harmless from and against
any and all claims, losses, awards, judgments, settlements, fines, penalties, liabilities,
damages, costs or expenses (including reasonable out-of-pocket Attorneys fees and expenses)
(collectively, Losses) incurred on account of any injury or death of persons or damages to
property to the extent caused by or arising out of the negligence or willful misconduct of
VBV, its officers, employees, or agents in performing VBVs obligations under this Agreement.
In addition, VBV shall indemnify and hold the HES Indemnified Persons harmless from and
against any and all Losses to the extent caused by or arising out of (i) any breach of any
provision of this Agreement by VBV, (ii) any claims resulting from VBVs marketing activities
on behalf of HES, and (iii) noncompliance with applicable federal, state or local rules,
regulations or requirements regarding shipment of Ethanol from the Plant (accept to the extent
it is an obligation of HES as set forth in section 4D above).
   6




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##### 



8.
    
    Force Majeure:
 A.
    
    In the event either Party is rendered unable, wholly or in part, by Force
Majeure to carry out its obligations under this Agreement, it is agreed that on such
Partys giving notice in writing, or by telephone and confirmed in writing, to the
other Party as soon as possible after the commencement of such Force Majeure event, the
obligations of the Party giving such notice, so far as and to the extent they are
affected by such Force Majeure, shall be suspended from the commencement of such Force
Majeure and during the remaining period of such Force Majeure, but for no longer
period, and such Force Majeure shall so far as possible remedied with all reasonable
dispatch; provided, however, the obligation to make payments then accrued hereunder
prior to the occurrence of such Force Majeure shall not be suspended.
 B.
    
    The term Force Majeure as used in this Agreement shall mean strikes, lockouts
or industrial disturbances; riots or civil disturbances; interference by civil or
military authorities; wars, blockades, insurrection, or acts of other public enemy or
acts of terrorism; epidemics, landslides, lightning, earthquakes, fires, storms,
floods, washouts or other acts of God; arrests or restraints of governments and people;
compliance with federal, state or local laws, rules or regulations, acts, orders,
directives, requisitions or requests of any official or agency of federal, state or
local governments; fires, explosions, freezing, failures, disruptions, breakdowns or
accidents to transportation equipment or facilities; prorationing by transporters; the
necessity of testing, making repairs, alterations or enlargements to transportation
equipment or facilities; embargoes, priorities, expropriation or condemnation by
government or governmental authorities; and any other cause which is not reasonably
within the control of the Party claiming suspension.
 9.
    
    Limitation of Damages: NEITHER PARTY SHALL BE LIABLE OR OTHERWISE RESPONSIBLE TO THE
OTHER PARTY HEREUNDER FOR CONSEQUENTIAL, EXEMPLARY, SPECIAL, INCIDENTAL OR PUNITIVE DAMAGES AS
TO ANY ACTION OR OMISSION, WHETHER CHARACTERIZED AS A CONTRACT BREACH OR TORT OR OTHERWISE
THAT ARISES OUT OF OR RELATES TO THIS AGREEMENT OR ITS PERFORMANCE EXCEPT FOR ANY SUCH AMOUNTS
PAID BY A PARTY TO A NON-AFFILIATE THIRD PARTY, WHICH WOULD THEREFORE BE CONSIDERED ACTUAL
DAMAGES INCURRED BY SUCH PARTY.
 10.
    
    Independent Contractor: It is expressly understood that the relationship of VBV to
HES is that of an independent contractor and nothing contained herein shall be construed to
create any partnership, agency, or employer/employee relationship. VBV may freely choose the
customers from whom business shall be solicited and the time and place for solicitation.
  7




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##### 



11.
    
    Notices: Any notices required to be given under this Agreement shall be in writing
and be sufficiently given when delivered in person or deposited in the U.S. mail (registered
or certified), postage prepaid, addressed as follows:
 HES:
    
    Homeland Energy Solutions, LLC106 West MainP.O. Box CRiceville, IA 50466Attn: Steve EastmanVBV:
    
    VBV LLC1 S. Dearborn Street, #800Chicago, IL 60603Attn: Todd Becker
 12.
    
    Insurance: During the entire term of this agreement, HES will maintain insurance
coverage that is customary for a company of its type and size that is engaged in the
production and selling of ethanol. At a minimum, HESs insurance coverage must include:
 a.
    
    Comprehensive general product and public liability insurance,
with liability limits of at least $5 million in the aggregate.
 b.
    
    Property and casualty insurance adequately insuring its
production facilities and its other assets against theft, damage and
destruction on a replacement cost basis.
 c.
    
    VBV shall be added as an additional insured under the
comprehensive general product and public liability insurance policy and the
property and casualty insurance policy.
 d.
    
    Workers compensation insurance to the extent required by
law.
   a.
    
    Comprehensive general product and public liability insurance, with liability
limits of at least $5 million in the aggregate.
 b.
    
    HES shall be added as an additional insured under the
comprehensive general product and public liability insurance policy.
 c.
    
    Workers compensation insurance to the extent required by
law.
  13.
    
    Entire Agreement: This Agreement contains the entire agreement between the Parties
and supersedes all previous agreements, either oral or written, between the Parties. The
language of this Agreement shall not be construed in favor of or against either Party, but
shall be construed as if; the language was drafted mutually by both Parties. No modifications
hereof shall be valid unless made in writing and signed by both Parties.
  8




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##### 



14.
    
    Waiver: The failure of either Party to enforce any of its rights hereunder on any
particular occasion shall not constitute a waiver of such rights on any subsequent occasion.
 15.
    
    Assignment: This Agreement may not be assigned by either Party without the prior
written consent of the other Party, which consent shall not be unreasonably withheld.
 16.
    
    Headings: Any paragraph headings are used for convenience only and are not intended
and shall not be used in interpreting any provisions of this Agreement.
 17.
    
    No Third Party Beneficiary: Except as otherwise provided herein, nothing contained in
this Agreement shall be considered or construed as conferring any right or benefit on a person
not a Party to this Agreement and neither this Agreement nor the performance hereunder shall
be deemed to have created a joint venture or partnership between the Parties.
 18.
    
    Governing Law: This Agreement shall be governed by the laws of the State of Iowa
without regard to the conflict of laws provisions thereof.
 19.
    
    Arbitration: Any dispute arising out of or in connection with this Agreement shall be
submitted to arbitration. The arbitration shall be conducted according to the Commercial
Arbitration Rules of the American Arbitration Association. The place of arbitration shall be
Des Moines, Iowa or such other place as may be agreed upon by the Parties. Both Parties shall
attempt to agree upon one arbitrator, but if they are unable to agree, each shall appoint an
arbitrator and these two shall appoint a third arbitrator. Expenses of the arbitrator(s)
shall be divided equally between the Parties. Judgment upon the award rendered by the
arbitrator(s) may be entered in any court having jurisdiction thereof, and shall be
enforceable against the Parties.
 20.
    
    Severability: If any term or provision of this Agreement is held by a court of
competent jurisdiction to be invalid, void or unenforceable, the remainder of the terms and
provisions of this Agreement shall remain in full force and effect and shall in no way be
affected, impaired or invalidated so long as the economic or legal substance of the
transactions contemplated hereby is not affected in any manner materially adverse to a Party.
Upon such determination, the Parties shall negotiate in good faith to modify this Agreement so
as to affect the original intent of the Parties as closely as possible in an acceptable manner
so that the transactions contemplated hereby are consummated as originally contemplated to the
fullest extent possible.
 21.
    
    Good and Marketable Title. HES represents that it will have good and marketable
title to all of the ethanol marketed for it by VBV and that said ethanol will be free and
clear of all liens and encumbrances.
 22.
    
    Separate Entities. The parties hereto are separate entities and nothing in this
agreement or otherwise shall be construed to create any rights or liabilities of either party
to this agreement with regard to any rights, privileges, duties or liabilities of any other
party to this agreement.
  9




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##### 



23.
    
    No Take or Pay. The parties agree that this is not a take or pay contract and
that VBVs liability is limited to ethanol passing custody at HESs facility; provided,
however, VBV is obligated under this agreement to purchase all of the Ethanol output at the
Plant pursuant to contracts it presents to and are accepted by HES pursuant to Section 5.B of
this agreement.
 24.
    
    Working Relationship. Because the parties hereto have not done business together in
the past in the manner described in this agreement, they have not yet attempted to develop
efficient and effective procedures related to ordering, delivering ethanol and shipping
ethanol and, therefore, agree to work together promptly and in good faith to develop effective
and efficient policies and procedures to cover these matters.
 25.
    
    Survival of Terms/Dispute Resolution. All representations, warranties and agreements
made in connection with this agreement will survive the termination of this agreement. The
parties will, therefore, be able to pursue claims related to those representations, warranties
and agreements after the termination of this agreement, unless those claims are barred by the
applicable statute of limitations. Similarly, any claims that the parties have against each
other that arise out of actions or omissions that take place while this agreement is in effect
will survive the termination of this agreement. This means that the parties may pursue those
claims even after the termination of this agreement, unless applicable statutes of limitation
bar those claims.
 26.
    
    Confidentiality: The parties acknowledge that they will be exchanging information
about their businesses under this Agreement which is confidential and proprietary, and the
parties agree to handle that confidential and proprietary information in the manner described
in this Section 11.
 Definition of Confidential Information
       10




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##### 



Limitations on the Use of Confidential Information
 The Duty not to Disclose Confidential Information
 The Duty to Notify the Other Party in Cases of Improper Use or
Disclosure
 Protection of the Confidential Information
 Return of the Confidential Information
 Disclosure in SEC Filings .
  11




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##### 



VBV, LLC
    
    
    
    Homeland Energy Solutions, LLCBy: /s/ Todd Becker
    
    
    
    By: /s/ Steve EastmanTodd Becker, CEO
    
    
    
    Steve Eastman, PresidentDate:
8-14-08
    
    
    
    Date: 8-8-08
  12




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##### 



EXHIBIT A
 SPECIFICATIONS
 meet exceed
 NON-DETERGENTTEST
    
    GRADE
    
    METHOD OF TESTApparent Proof  60°F
    
    200 minimum
203 maximum
    
    ASTM D-4052 / 
Conversion TableSpecific Gravity, 60/60°F
    
    0.7870 -
0.7950
    
    ASTM D-4052Water, Mass Percent
    
    0.50 nominal
0.82 maximum
    
    ASTM E-203Ethanol Content,
Volume Percent
    
    92.1 minimum
    
    Gas Chromatography
ASTM D-5501Methanol, (vol. %)
    
    0.50 maximum
    
    ASTM D-5501Non-Volatile Matter,
mg/100 mL
    
    5 maximum
    
    ASTM D-1353Sulfur, Mass Percent
    
    0.0010 maximum
    
    ASTM D-5453Benzene, (vol. %)
    
    0.06 maximum
    
    ASTM D-3606Olefins, (vol. %)
    
    0.50 maximum
    
    ASTM D-1319Aromatics, (vol. %)
    
    1.70 maximum
    
    ASTM D-1319Chloride Ion Content,
mg/L
    
    32 maximum
    
    ASTM D-512, Meth. C
Modified Note (1)Copper Content, mg/kg
    
    0.08 maximum
    
    ASTM D-1688, Meth.D
Modified Note (2)Acidity (as acetic acid
CH3C00H), 
mass %
    
    0.0070 maximum 
0.0042 maximum
    
    ASTM D-1613
(Shipments to Canada)Appearance
    
    Clear and Bright, visibly
free of suspended and/or
settled contaminants.
    
    VisualColor, Platinum  Cobalt
    
    50.0 maximum
    
    ASTM D-1209Hydrocarbon Denaturant
gal/100 gal.
    
    5.00 maximum
2.0 minimum
    
    Gas Chromatography
ASTM D-4806pHe
    
    6.5 minimum
9.0 maximum
    
    ASTM D-6423 (3)Sulfate-mg/kg
    
    4.0 maximum
    
    -No official
ASTM Method
  13




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##### 



(NOTES)
 Note 1:
    
    The modification of Test Method D-512, Procedure C, consists of
using 5 mL of sample diluted with 20 mL of distilled water instead
of the 25 mL sample specified in the standard procedure. The
volume of the sample prepared by this modification will be
slightly more than 25 mL. To allow for the dilution factor,
report the chloride ion present in the fuel ethanol sample as 5
times that determined in the sample.Note 2:
    
    The modification of Test Method D-1688, Procedure D, consists of
mixing reagent grade ethanol (which may be denatured according to
BATF Formula 3A or 3O) in place of water as the solvent or diluent
for the preparation of reagents and standard solutions. However,
this must not be done to prepare the stock copper solution
descr
 _____ 
d in 39.1 of D-1688. Because a violent reaction may occur
between the acid and the ethanol, use water as specified in the
acid solution part of the procedure to prepare the stock copper
solution. Use ethanol for the rinse and final dilution only.Note 3:
    
    The only denaturants shall be natural gasoline, gasoline
components, or unleaded gasoline at a minimum concentration of 2
parts by volume per 100 parts by volume. Hydrocarbons, with an
end boiling point higher than 437°F as determined by ASTM Method
D-86, shall not be used.Note 4:
    
    All fuel ethanol will contain a minimum of one of the following
corrosion inhibitors:
     (1)
    (1)
    
    Formerly Betz CAN 13  14