Document:

Exhibit 10.6

    EXHIBIT 10.6

    AMENDMENT NO. 1

    TO

    PRE-INCORPORATION AGREEMENT AND SUBSCRIPTION

    This constitutes Amendment No. 1 to that certain Pre-Incorporation
      Agreement and Subscription (the “Agreement”), dated as of August 16, 2006, by
      and between Dean Sukowatey (“Sukowatey”), and Sun Bear, LLC, a Texas limited
      liability company (“Sun Bear”).

    For good and adequate consideration, the receipt and adequacy of which
      is
      hereby acknowledged, the parties hereby agree, as follows:

    A. Paragraph 2.1 of the Agreement is hereby deleted in its entirety and
      replaced with the following:

    “2.1     The parties hereto agree to take all
      commercially reasonable steps necessary, and consistent with the terms of this
      Agreement, to cause the formation of All Energy, in conformity with the table
      set forth below.

    Initial Ownership of all shares of All Energy:

    - 187,500 shares owned by Sukowatey

    - 125,000 shares owned by Sun Bear

    - A total of 187,500 shares to be reserved for issuance to advisors, seed
      capital, etc.

    - 187,500 shares to be reserved for issuance to Broghammer, should he
      become a part of All Energy

    - 187,500 shares to be reserved for issuance to Zabler, should he become
      a
      part of All Energy

    - 187,500 shares to be reserved for issuance to B. Swain, should he become
      a part of All Energy

    - 187,500 shares to be reserved for issuance to R. Swain, should he become
      a part of All Energy”

    B. Paragraph 2.3.3 of the Agreement is hereby deleted in its entirety and
      replaced with the following:

    “2.3.3  Promptly upon the incorporation of All Energy, Fifty
      Thousand Dollars ($50,000) obtained from the initial seed capital investor
      will
      be deposited into a bank account of All Energy. For consideration of the payment
      of such $50,000 to All Energy, the initial seed capital investor will receive
      12,500 shares of the stock of All Energy.”

    C. Article IV of the Agreement is hereby deleted in its entirety and
      replaced with the following:

     

    “IV.     SUBSCRIPTION
      FOR ALL ENERGY COMMON STOCK

    The parties hereto hereby agree for the initial shares of common stock
      to
      be issued by All Energy, as follows:

    
      	
               

            	

              Subscriber

            	
               

            	
              Number of

              Shares Subscribed

            	
               

            	
              Consideration to be Paid

              for Shares Subscribed

            

    

    
      	
               

            	
              Dean Sukowatey

            	
               

            	
              187,500

            	
               

            	
              187.50

            

    

    
      	
               

            	
              Sun Bear, LLC

            	
               

            	
              125,000

            	
               

            	
              125.00”

            

    

    In all other aspects, the Agreement is ratified and affirmed.

    /s/ DEAN SUKOWATEY

    Dean Sukowatey

    SUN BEAR, LLC

    By: /s/ SCOTT B. GANN

    Scott B. Gann

    President

    -----------------------------------------

    PRE-INCORPORATION AGREEMENT AND SUBSCRIPTION

    This Pre-Incorporation Agreement and Subscription is made and entered into
      as of the 20th day of July, 2006, by and among Dean Sukowatey and Sun Bear,
      LLC
      (each is a “Party” and, collectively, they are the “Parties”).

    WHEREAS, the parties desire to form a new Delaware corporation for the
      purpose of providing a management team attractive to Wall Street, with a view
      towards conducting an IPO or through other forms of institutional financing
      in
      order to acquire one or more businesses in the ethanol and alternative energy
      industries; and

    WHEREAS, the parties desire to determine and establish the rights, duties,
      powers, disabilities, benefits and liabilities between them and with respect
      to
      the new corporation;

    WITNESSETH, for and in consideration of the mutual promises of the parties,
      each being consideration for the promises of the other, for Ten Dollars cash
      in
      hand, and for other good an valuable consideration, the receipt and sufficiency
      of which is hereby acknowledged by each Party, the Parties agree as
      follows:

    I. DEFINITIONS

    The terms listed below shall, for the purposes of this Agreement, have
      the
      meanings ascribed to them, as follows:

    1.1 “Agreement” means this Pre-Incorporation Agreement and
      Subscription.

    1.2 “All Energy” means All Energy Company, a corporation to be formed under
      the laws of the State of Delaware.

     1.3 “Broghammer” means James R. Broghammer, an individual resident of
      the State of Iowa.

     1.4 “B. Swain” means R.L. Bibb Swain, an individual resident of the
      State of Virginia.

     1.5 “R. Swain” means Rob Swain, an individual resident of the State
      of Virginia.

     1.6 “Sukowatey” means Dean Sukowatey, an individual resident of the
      State of Minnesota.

     1.7 “Sun Bear” means Sun Bear LLC, a Texas limited liability
      company.

     1.8 “Zabler” means Scott D. Zabler, an individual resident of the
      State of South Dakota.

    II. AGREEMENT TO FORM CORPORATION

     2.1 The parties hereto agree to take all commercially reasonable
      steps necessary, and consistent with the terms of this Agreement, to cause
      the
      formation of All Energy, in conformity with the table set forth below.

     Initial Ownership of all shares of All Energy:

    - 1,500 shares owned by Sukowatey

    - 1,000 shares owned by Sun Bear

    - A total of 1,500 shares to be reserved for issuance to advisors, seed
      capital, etc.

    - 1,500 shares to be reserved for issuance to Broghammer, should he become
      a part of All Energy

    - 1,500 shares to be reserved for issuance to Zabler, should he become
      a
      part of All Energy

    - 1,500 shares to be reserved for issuance to B. Swain, should he become
      a
      part of All Energy

    - 1,500 shares to be reserved for issuance to R. Swain, should he become
      a
      part of All Energy

     2.2 The Parties understand and agree that the foregoing table sets
      forth the initial ownership of All Energy Company, only upon the terms and
      conditions set forth herein.

     2.3 The following is the timetable (the “Timetable”) which the
      organization and funding of All Energy will follow, and each numbered item
      in
      the timetable is an “Event”:

      2.3.1 Execution of this Agreement, the date of which is
      conclusively evidenced by the date at the beginning of this Agreement.

      2.3.2 Within two business days after incorporation of All
      Energy, execution of a written consent in lieu of director’s organization
      meeting, which consent will (i) adopt the Bylaws (defined below), (ii) adopt
      a
      budget (the "Initial Budget") for All Energy through the time of the Funding
      Event (defined below), (iii) elect officers of All Energy and (iv) authorize
      the
      issuance of the stock of All Energy (the Parties shall be the initial
      shareholders (the "Shareholders") of All Energy).

      2.3.3 Promptly upon the incorporation of All Energy, Fifty
      Thousand Dollars ($50,000) obtained from the initial seed capital investor
      will
      be deposited into a bank account of All Energy. For consideration of the payment
      of such $50,000 to All Energy, the initial seed capital investor will receive
      100 shares of the stock of All Energy.

      2.3.4 The Funding Event (defined below) shall occur within
      thirty calendar days after the date of formation of All Energy.

      2.3.5 The Super-Funding Event (defined below) shall occur
      within one year after the date of formation of All Energy.

     2.4 The Parties agree that time is of the essence for the events and
      the timing described in the Timetable.

     2.5 In the event any Event does not occur as and when required by the
      Timetable:

      2.5.1 this Agreement shall be terminated;

      2.5.2 if formed, All Energy shall be wound up and its existence
      terminated; and

      2.5.3 in the event that the Funding Event has occurred, but the
      Super-Funding Event does not timely occur, any money of All Energy remaining
      shall be paid first to approved expenses of All Energy, then to the investor
      or
      investors participating in the Funding Event, and any money remaining thereafter
      shall be distributed pro rata to the Shareholders.

     2.6 The Parties understand and agree that, subsequent to its
      organization, All Energy shall, in a private offering of its equity securities,
      raise an amount not less than Two Million Dollars ($2,000,000) (the "Funding
      Event") , to be used on terms and conditions established by the board of
      directors of All Energy. Thereafter, All Energy will raise funds in an IPO
      in an
      amount not less than One Hundred And Thirty Million Dollars ($130,000,000)
      (the
      "Super-Funding Event"). The precise number of shares of All Energy common stock
      to be offered and sold in such IPO will be determined by the board of directors
      of All Energy by appropriate action.

     2.7 The Parties further agree that Eric Newlan, Esquire, will be
      engaged as attorney for, and will be the incorporator of, All Energy, on behalf
      of the Parties. The Certificate of Incorporation of All Energy (the "All Energy
      Certificate") shall be in the form of Exhibit "A" attached hereto and
      incorporated herein by this reference.

     2.8 Prior to the formation of All Energy, each Party will pay his own
      costs and expenses relative to this Agreement. The costs of formation of All
      Energy, and the expenses to prepare the corporate documents of All Energy,
      shall
      be paid or reimbursed by All Energy.

     

    III.       CHARACTERISTICS
      OF ALL ENERGY

     All Energy is to have certain characteristics set forth in the All
      Energy Certificate (Exhibit “A”) and in its Bylaws, which shall be in the form
      of Exhibit “B” attached hereto and incorporated herein by this reference.

     

    IV.      SUBSCRIPTION
      FOR ALL ENERGY COMMON STOCK

     The parties hereto hereby agree for the initial shares of common
      stock to be issued by All Energy, as follows:

    
      	
               

            	

              Subscriber

            	
               

            	
              Number of Shares Subscribed

            	
               

            	
              Consideration to be Paid for Shares
                Subscribed

            

    

    
      	
               

            	
              Dean Sukowatey

            	
               

            	
              1,500

            	
               

            	
              150.00

            

    

    
      	
               

            	
              Sun Bear, LLC

            	
               

            	
              1,000

            	
               

            	
              150.00

            

    

    V. BUSINESS OF ALL ENERGY

     5.1 All Energy shall be organized for the purpose of providing an
      attractive management team to Wall Street, with a view towards obtaining Super
      Funding by conducting an IPO or through other forms of institutional financing
      (other than through a private placement) with which to acquire, through a
      merger, capital stock exchange, asset acquisition or other similar business
      combination, one or more businesses in the ethanol and alternative energy
      industries. The following sets forth the intended course of business of All
      Energy, once incorporated:

    The Parties believe that the ethanol and alternative energy industries
      present attractive opportunities for consolidation and growth and a favorable
      area in which to attempt to consummate one or more business combinations.
      Collectively, the Parties have extensive experience on Wall Street and
      investment banking consulting, and in the ethanol industry, as leading managers,
      principals or directors of prominent companies. In addition, the Parties
      collectively comprise a formidable pool of expertise covering the key areas
      of
      ethanol production. It is the intent of the Parties to leverage this industry
      experience by focusing on identifying prospective acquisition targets within
      the
      ethanol industry.

    After organization, in order to obtain the Super Funding, All Energy will
      pursue an IPO or other forms of institutional financing other than a private
      placement, the proceeds from which will be used to acquire one or more
      businesses and, if appropriate opportunities arise, to engage in new
      construction of an ethanol, or other alternative energy, production facility.
      It
      is anticipated by the Parties that, until the completion of the IPO or other
      forms of such institutional financing, they would continue to control All Energy
      and, for some period thereafter, would continue to exert control over which
      acquisitions or new construction opportunities All Energy would
      pursue.

     5.2 The Parties understand and agree that each currently has or, in
      the future, may have affiliations with companies in the ethanol and alternative
      energy industries. Should All Energy seek to effect a business transaction
      with
      an entity that is directly or indirectly affiliated with one of the Parties,
      it
      is likely that conflicts of interest would arise. In such event, persons with
      such a conflict of interest shall announce the conflict, and such announcement
      shall be spread in the official minutes of the meeting. Directors shall be
      held
      to the standards of responsibility for directors as required by Delaware law
      and
      the All Energy Certificate and bylaws of All Energy, as amended from time to
      time.

     5.3 The Parties further understand and agree that each will not be
      obligated to spend his full-time efforts to the affairs of All Energy. However,
      subject to the terms of this Agreement, each of the Parties agrees to make
      a
      commercially reasonable effort to accomplish the business objectives of All
      Energy. Also, it is possible that All Energy's then-current officers and
      directors will resign upon the consummation of a business combination. In
      addition, All Energy shall engage in such other legal activities as the board
      of
      directors of All Energy shall determine.

    VI. AGREEMENT WITH RESPECT TO COMMON STOCK OF ALL ENERGY

     6.1 All of the shares of common stock of All Energy to be issued to
      Sukowatey and Sun Bear pursuant to this Agreement shall be subject to the terms
      and conditions of this paragraph VI. Shares of common stock of All Energy
      acquired by any of the Parties subsequent to the initial capitalization
      transaction contemplated by this Agreement shall not be subject to the terms
      and
      conditions of this paragraph VI.

     If is further agreed by the Parties that all of the shares of common
      stock of All Energy that may be issued to Broghammer, B. Swain, R. Swain and/or
      Zabler shall be issued subject to the terms and conditions of this paragraph
      VI,
      which shall be acknowledged by such parties in writing.

     6.2 Restrictions on Transfer of Common Stock. Neither of the parties
      may assign, transfer, give, encumber, pledge, hypothecate or otherwise dispose
      of any shares of common stock of All Energy acquired by them hereunder, other
      than as permitted under this paragraph VI. Subject to the terms of this
      paragraph VI, each of the parties may exercise all other rights of ownership
      with respect to their shares of common stock of All Energy.

     6.3 Endorsement of Common Stock Certificates. Each certificate
      representing shares of common stock of All Energy to be issued pursuant to
      this
      Agreement to Sukowatey and Sun Bear shall bear the following legend
      conspicuously printed or typewritten on its face:

    “SEE TRANSFER RESTRICTIONS ON REVERSE SIDE.”

     The reverse side of each such certificate shall bear the following,
      or substantially similar, legends conspicuously printed or typewritten
      thereon:

     6.3.1 “THE OWNERSHIP INTERESTS REPRESENTED BY THIS CERTIFICATE ARE
      SUBJECT TO THE TERMS OF A PRE-INCORPORATION AGREEMENT AND SUBSCRIPTION, DATED
      AS
      OF AUGUST 16, 2006, BY AND BETWEEN DEAN SUKOWATEY AND SUN BEAR, LLC.”

      6.3.2 “THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT
      BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), AND
      MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF
      AN
      EFFECTIVE REGISTRATION STATEMENT AS TO THE SECURITIES UNDER THE ACT OR PURSUANT
      TO AN EXEMPTION FROM REGISTRATION OR AN OPINION OF COUNSEL SATISFACTORY TO
      THE
      CORPORATION THAT SUCH REGISTRATION IS NOT REQUIRED.”

     

    VII.     VOTING
      AGREEMENT

     7.1 Elections of Directors. For so long as the Parties to this
      Agreement collectively own More than 50% of the voting stock of All Energy,
      each
      Party shall vote for Sukowatey in any election of directors of All
      Energy.

     7.2 Specific Performance. It is agreed that, in view of the inability
      to assess monetary damages arising hereunder as a result of a breach of the
      provisions of this paragraph VI, the non-breaching party or parties may seek
      specific performance by the breaching party or parties, and the breaching party
      or parties shall pay attorney’s fees incurred by the non-breaching party or
      parties in enforcing the provisions of this paragraph VI.

    VIII. REPRESENTATIONS AND WARRANTIES

     8.1 Sukowatey represents and warrants that he is under no disability
      with respect to entering into this Agreement.

     8.2 Sun Bear represents and warrants that it is a limited liability
      company duly organized, validly existing and in good standing under the laws
      of
      the State of Texas with full power and authority to make and perform this
      Agreement.

    IX. TERMINATION

     This Agreement shall remain in effect until the earlier of (A) such
      time as the Parties shall enter into a written agreement to terminate this
      Agreement or (B) the date upon which All Energy closes on the Super-Funding
      or
      (C) the failure of the Super-Funding to occur at the time required by the
      Timetable.

     

    X.        LEGAL
      REPRESENTATION

     The parties agree that it is possible that conflicts may arise
      between them at some future time. Because the law firm of Newlan & Newlan
      has drafted this Pre-incorporation Agreement and Subscription and is to provide
      legal services on behalf of All Energy, once formed, should there arise a legal
      conflict between and among the parties, the parties agree that Newlan &
Newlan would be unable to represent any of the parties hereto. That is, each
      party would need to seek other legal counsel. Each of the parties shall indicate
      his acknowledgment and acceptance of this legal representation by initialing
      below in the appropriate space:

    
      	
               

            	
               

            	
              /s/ DS

              Dean Sukowatey

            	
               

            	
              SUN BEAR, LLC

              By: /s/ SBG

              Scott B. Gann

              President

            	
               

            

    

    XI. MISCELLANEOUS

     11.1 Governing Law. This Agreement shall be deemed to be a contract
      made under, governed by and construed in accordance with the substantive laws
      of
      the State of Delaware, without regard to choice of law considerations.

     11.2 Arbitration. The parties agree that any dispute arising out of
      this Agreement shall be submitted to arbitration with the American Arbitration
      Association at its Chicago, Illinois, office. Such arbitration shall be governed
      by the Rules of Commercial Arbitration of the American Arbitration Association
      then in effect. Any award by the arbitrator or arbitrators shall be enforceable
      by any court of competent jurisdiction.

     11.3 Counterparts. This Agreement may be executed simultaneously in
      counterparts, each of which when so executed and delivered shall be taken to
      be
      an original; but such counterparts shall together constitute but one and the
      same documents. Facsimile signatures shall be deemed original
      signatures.

     11.4 Successors and Assigns. Except as otherwise expressly provided
      herein, the provisions hereof shall inure to the benefit of, and be binding
      upon, the successors, assigns, heirs, executors and administrators of the
      parties hereto.

     11.5 Entire Agreement. This Agreement, the other agreements and the
      other documents delivered pursuant hereto and thereto constitute the full and
      entire understanding and agreement between the parties with regard to the
      subjects hereof and thereof.

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement
      as of the date first above written.

    /s/ DEAN SUKOWATEY

    Dean Sukowatey

    SUN BEAR, LLC

    By: /s/ SCOTT B. GANN

    Scott B. Gann

    PresidentExhibit 10.7

    
      	
               

            	
              EXHIBIT 10.7

            	
               

            

    

    
      	
               

            
	
              STOCK SUBSCRIPTION AGREEMENT

            
	
               

            

    

    This Agreement is made as of the 5th day of September, 2006, by and among
      All Energy Company, a Delaware corporation (“All Energy”), Dean Sukowatey, the
      president of All Energy acting in his individual capacity (“Sukowatey”), R.L.
      Bibb Swain, an individual resident of the State of Virginia (“B. Swain”), Rob
      Swain, an individual resident of the State of Virginia (“R. Swain”), James R.
      Broghammer, an individual resident of the State of Iowa (“Broghammer”), Scott D.
      Zabler, an individual resident of the State of South Dakota (“Zabler”), John F.
      Hopkins, Jr., an individual resident of the State of Virginia (“Hopkins”), and
      Midwest Biofuels, Inc., an Iowa corporation (“MBI”) (collectively, B. Swain, R.
      Swain, Broghammer, Zabler and Hopkins are referred to herein as the
“Participants”; each signatory of this Agreement is a “Party” and, collectively,
      they are the “Parties”).

    WHEREAS, All Energy is pursuing the development of its proposed ethanol
      production business; and

    WHEREAS, All Energy desires to associate with the Participants and the
      Participants desire to be associated with All Energy;

     WITNESSETH, for and in consideration of the mutual promises of the
      parties, each being consideration for the promises of the other, and for other
      good an valuable consideration, the receipt and sufficiency of which is hereby
      acknowledged by each Party, the Parties agree as follows:

    I. FUTURE AGREEMENTS

     A. B. Swain, as the owner of Delta-T Corporation (“Delta-T”), and All
      Energy agree that they shall negotiate, in good faith, a development agreement
      (the “Delta-T Agreement”) relating to the construction of five (5) ethanol
      production facilities, which agreement shall be on terms and conditions
      substantially the same as the terms and conditions contained in extant
      ethanol-related development agreements between Delta-T and unaffiliated
      third-parties. B. Swain further agrees to take such actions as may be necessary
      to cause Delta-T to enter into the Delta-T Agreement.

     B. R. Swain and B. Swain, as the majority owners of Pacesetter
      Management Group, LLC (“Pacesetter”), and All Energy agree that they shall
      negotiate, in good faith, a management agreement (the “Pacesetter Agreement”)
      relating to the management of the first five (5) ethanol production facilities
      of All Energy, which agreement shall be on terms and conditions substantially
      the same as the terms and conditions contained in extant ethanol-related
      management agreements between Pacesetter and unaffiliated third-parties. R.
      Swain and B. Swain further agree to take such actions as may be necessary to
      cause Pacesetter to enter into the Pacesetter Agreement.

    II. AGREEMENT TO CANCEL SHARES OF ALL ENERGY COMMON STOCK

     As an inducement for the Participants to execute this Agreement, upon
      the execution of this Agreement by all of the Parties, Sukowatey shall tender
      to
      All Energy for cancellation 19,643 of the 187,500 shares of All Energy common
      stock currently owned by him, leaving Sukowatey with a total of 167,857 shares
      of All Energy common stock.

    III. AGREEMENT TO ASSIGN OPTION

     As an inducement for All Energy and the Parties to execute this
      Agreement, MBI, as the owner of an option (the “Option”) to acquire
      approximately 150 acres of land located in Manchester, Iowa, which is to be
      the
      location of All Energy’s first ethanol production facility, shall assign all of
      its right, title and interest in and to such option to All Energy, the
      additional consideration for such assignment being the $10,000 previously
      delivered by All Energy to Broghammer, the president of MBI.

    IV. SUBSCRIPTION FOR ALL ENERGY COMMON STOCK

     Upon the execution of each of the Delta-T Agreement and the
      Pacesetter Agreement, the Participants, and each of them, shall have the right,
      but not the obligation, to subscribed for shares of the $.0001 par value common
      stock of All Energy, in the amounts and for the consideration set forth
      below:

    
      	
               

            	

              Subscriber

            	
               

            	
              Number of

              Shares Subscribed

            	
               

            	
              Consideration to be Paid

              for Shares Subscribed

            

    

    
      	
               

            	
              R.L. Bibb Swain

            	
               

            	
              142,857 *

            	
               

            	
              143.00

            

    

    
      	
               

            	
              Rob Swain

            	
               

            	
              142,857 *

            	
               

            	
              143.00

            

    

    
      	
               

            	
              James Broghammer

            	
               

            	
              142,857 *

            	
               

            	
              143.00

            

    

    
      	
               

            	
              Scott D. Zabler

            	
               

            	
              142,857 *

            	
               

            	
              143.00

            

    

    
      	
               

            	
              John F. Hopkins, Jr.

            	
               

            	
              142,857 *

            	
               

            	
              143.00

            

    

    
      	
               *

            	
              This amount of shares of common stock of All Energy represents
                11.42857% of the shares of common stock allocated by the board of
                directors of All Energy to the founders of All
                Energy.

            

    

     With respect to the sales of common stock of All Energy contemplated
      by this Article IV, the Parties are relying on the exemption from registration
      under the Iowa securities laws provided by Section 502.202(14) of the Iowa
      Code.
      Further, with respect to the sales of common stock of All Energy contemplated
      by
      this Article IV, the Parties are relying on the exemption from registration
      under the Virginia securities laws provided by Section 13.1-514(B)(7)(a) of
      the
      Code of Virginia. Also, with respect to the sales of common stock of All Energy
      contemplated by this Article IV, the Parties are relying on the exemption from
      registration under the South Dakota securities laws provided by Section
      47-31B-202(14) of the South Dakota Codified Laws.

    V. REPRESENTATIONS OF ALL ENERGY

     A. Organization and Qualification; Subsidiaries. All Energy is a
      corporation duly organized, validly existing and in good standing under the
      laws
      of the State of Delaware and has the requisite corporate power and authority
      and
      is in possession of all franchises, grants, authorizations, licenses, permits,
      easements, consents, certificates, approvals and orders to own, operate or
      lease
      the properties that it purports to own, operate or lease and to carry on its
      business as it is now being conducted, and is duly qualified as a foreign
      corporation to do business, and is in good standing, in each jurisdiction where
      the character of its properties owned, operated or leased or the nature of
      its
      activities makes such qualification necessary.

     B. Authority Relative to this Agreement. All Energy has all necessary
      corporate power and authority to enter into this Agreement and to carry out
      its
      obligations hereunder. The execution and delivery of this Agreement by All
      Energy and the consummation by All Energy of the transactions contemplated
      hereby have been duly authorized by all necessary corporate action on the part
      of All Energy. This Agreement has been duly executed and delivered by All Energy
      and constitutes a legal, valid and binding obligation of All Energy.

     C. Status of All Energy. All Energy is a development-stage company
      and lacks adequate capital with which to pursue its plan of business. Unless
      and
      until All Energy obtains at least $1,300,000 pursuant to its ongoing private
      offering of common stock or otherwise, it will be unable to pursue its plan
      of
      business. All Energy hereby represents and warrants that the information
      contained in its private placement memorandum (the “Memorandum”) dated as of
      August 21, 2006, a copy of which has, heretofore, been delivered to each of
      the
      Participants, is true and correct as of the date of this Agreement.

    VI. REPRESENTATIONS OF SUKOWATEY

     Sukowatey represents and warrants that he is under no disability with
      respect to entering into this Agreement.

    VII. REPRESENTATIONS OF MBI

     A. Organization and Qualification; Subsidiaries. MBI is a corporation
      duly organized, validly existing and in good standing under the laws of the
      State of Iowa and has the requisite corporate power and authority and is in
      possession of all franchises, grants, authorizations, licenses, permits,
      easements, consents, certificates, approvals and orders to own, operate or
      lease
      the properties that it purports to own, operate or lease and to carry on its
      business as it is now being conducted, and is duly qualified as a foreign
      corporation to do business, and is in good standing, in each jurisdiction where
      the character of its properties owned, operated or leased or the nature of
      its
      activities makes such qualification necessary.

     B. Authority Relative to this Agreement. MBI has all necessary
      corporate power and authority to enter into this Agreement and to carry out
      its
      obligations hereunder. The execution and delivery of this Agreement by MBI
      and
      the consummation by MBI of the transactions contemplated hereby have been duly
      authorized by all necessary corporate action on the part of MBI. This Agreement
      has been duly executed and delivered by MBI and constitutes a legal, valid
      and
      binding obligation of MBI.

     C. Ownership of the Option. MBI represents and warrants to All Energy
      and the Parties that it owns the Option free and clear of any claim of any
      other
      person or entity, including MBI’s affiliates. MBI further represents and
      warrants to All Energy and the Parties that the Option is assignable in the
      manner contemplated by this Agreement.

    VIII. REPRESENTATIONS OF PARTICIPANTS

     A. No Legal Disability.

      1. B. Swain represents and warrants that he is under no
      disability with respect to entering into this Agreement.

      2. R. Swain represents and warrants that he is under no
      disability with respect to entering into this Agreement.

      3. Broghammer represents and warrants that he is under no
      disability with respect to entering into this Agreement.

      4. Zabler represents and warrants that he is under no
      disability with respect to entering into this Agreement.

      5. Hopkins represents and warrants that he is under no
      disability with respect to entering into this Agreement.

     B. Receipt of Disclosure. B. Swain, R. Swain, Broghammer, Zabler and
      Hopkins, and each of them, hereby represent and warrant that they have received
      and reviewed the Memorandum. With respect to such information, Messrs. B. Swain,
      R. Swain, Broghammer, Zabler and Hopkins further represent and warrant that
      they
      have had an opportunity to ask questions of, and to receive answers from, Mr.
      Dean Sukowatey, President of All Energy.

     C. Representations Relating to All Energy’s Common Stock. B. Swain,
      R. Swain, Broghammer, Zabler and Hopkins, and each of them, hereby represent
      and
      warrant to All Energy that the shares of All Energy’s common stock being
      acquired pursuant to this Agreement are being acquired for their own accounts
      and for investment and not with a view to the public resale or distribution
      of
      such securities and further acknowledge that the securities being issued have
      not been registered under the Securities Act of 1933, as amended, or any state
      securities law and are “restricted securities”, as that term is defined in Rule
      144 promulgated by the SEC, and must be held indefinitely, unless they are
      subsequently registered or an exemption from such registration is
      available.

     D. Agreement to be Bound. B. Swain, R. Swain, Broghammer, Zabler and
      Hopkins, and each of them, hereby agree that they shall be bound by the terms
      and conditions of articles VI, VII and IX of that certain Pre-Incorporation
      Agreement and Subscription, dated as of August 16, 2006, a copy of which has,
      heretofore, been delivered to each of the Participants, relating to the
      formation of All Energy.

     E. Consent to Legends. B. Swain, R. Swain, Broghammer, Zabler and
      Hopkins, and each of them, hereby consent to the placement of the following
      legends restricting future transfer on the certificates representing the shares
      of All Energy common sock being acquired pursuant to this Agreement:

    1. the following legend conspicuously printed or typewritten on its
      face:

    “SEE TRANSFER RESTRICTIONS ON REVERSE SIDE.”

      2. the reverse side of each such certificate shall bear the
      following, or substantially similar, legends conspicuously printed or
      typewritten thereon:

    “THE OWNERSHIP INTERESTS REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO
      THE
      TERMS OF A PRE-INCORPORATION AGREEMENT AND SUBSCRIPTION, DATED AS OF AUGUST
      16,
      2006, BY AND BETWEEN DEAN SUKOWATEY AND SUN BEAR, LLC.”

    “THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
      UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), AND MAY NOT BE SOLD,
      OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE
      REGISTRATION STATEMENT AS TO THE SECURITIES UNDER THE ACT OR PURSUANT TO AN
      EXEMPTION FROM REGISTRATION OR AN OPINION OF COUNSEL SATISFACTORY TO THE
      CORPORATION THAT SUCH REGISTRATION IS NOT REQUIRED.”

    IX. MISCELLANEOUS

     A. Governing Law. This Agreement shall be deemed to be a contract
      made under, governed by and construed in accordance with the substantive laws
      of
      the State of Delaware, without regard to choice of law considerations.

     B. Arbitration. The Parties agree that any dispute arising out of
      this Agreement shall be submitted to arbitration with the American Arbitration
      Association at its Chicago, Illinois, office. Such arbitration shall be governed
      by the Rules of Commercial Arbitration of the American Arbitration Association
      then in effect. Any award by the arbitrator or arbitrators shall be enforceable
      by any court of competent jurisdiction.

     C. Counterparts. This Agreement may be executed simultaneously in
      counterparts, each of which when so executed and delivered shall be taken to
      be
      an original; but such counterparts shall together constitute but one and the
      same documents. Facsimile signatures shall be deemed original
      signatures.

     D. Successors and Assigns. Except as otherwise expressly provided
      herein, the provisions hereof shall inure to the benefit of, and be binding
      upon, the successors, assigns, heirs, executors and administrators of the
      Parties hereto.

     E. Entire Agreement. This Agreement, the other agreements and the
      other documents delivered pursuant hereto and thereto constitute the full and
      entire understanding and agreement between the Parties with regard to the
      subjects hereof and thereof.

    
      	
              ALL ENERGY:

              ALL ENERGY COMPANY

              By: /s/ DEAN SUKOWATEY

              Dean Sukowatey

              President

              /s/ DEAN SUKOWATEY

              Dean Sukowatey, individually

              MBI:

              MIDWEST BIOFUELS, INC.

              By: /s/ JAMES BROGHAMMER

              James Broghammer

              President

            	
              PARTICIPANTS:

              /s/ R.L. BIBB SWAIN

              R.L. Bibb Swain

              /s/ ROB SWAIN

              Rob Swain

              /s/ JAMES BROGHAMMER

              James Broghammer, individually

              /s/ SCOTT D. ZABLER

              Scott D. Zabler

              /s/ JOHN F. HOPKINS, JR.

              John F. Hopkins, Jr.

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