Document:

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                                                                    Exhibit 10.1

                               OPERATING AGREEMENT

                                USA BIODIESEL LLC

         OPERATING AGREEMENT of USA BIODIESEL LLC dated as of August 9, 2006, by
and among Bio Energy of America, Inc. (" BEA"), a Delaware corporation having
its principal address at 801 West 56th Avenue, Denver, Colorado 80216 and Able
Energy, Inc. ("Able"), a Delaware corporation having its principal address at
198 Green Pond Road, Rockaway, New Jersey 07866.

                              W I T N E S S E T H :

         WHEREAS, BEA is engaged in the business of producing biodiesel fuel
pursuant to its exclusive production process;

         WHEREAS, Able and its Affiliates are engaged in the business of
operating truck stops (the "Truck Stop Facilities");

         WHEREAS, BEA and Able desire to form a joint venture which will produce
biodiesel fuel using the BEA production process at plants constructed on site at
the Truck Stop Facilities and then sell all such biodiesel produced to Able for
re-sale at the Truck Stop Facilities;

         WHEREAS, BEA and Able have formed the Company pursuant to the New
Jersey Limited Liability Company Act (the "New Jersey Law") to conduct the
business and operations of the joint venture; and

         WHEREAS, BEA and Able are each a Member of the Company and in
accordance with this Agreement, desire to establish their respective rights and
obligations pursuant to the New Jersey Law in connection with the operation of
the Company.

         NOW, THEREFORE, in consideration of the covenants and agreements
hereinafter set forth the parties agree as follows:

                                    ARTICLE I
                                   DEFINITIONS

         1.1      DEFINITIONS.  In this Agreement, the following terms shall
have the meanings set forth below:

                  (a) "Affiliate" shall mean (i) any other Person that, directly
or indirectly through one or more intermediaries, controls, is controlled by or
is under common control with such Person and, (ii) any other Person owning or
controlling five percent (5%) or more of the outstanding voting securities of
such Person. For purposes of this definition, the terms "control", "controlling"
or "controlled by" mean the power to direct the business and affairs of a
Person, whether through the ownership of voting securities, by contract or
otherwise.

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                  (b) "Agreement" shall mean this Operating Agreement, as
amended, modified, supplemented or restated from time to time.

                  (c) "Annual Use Fee" shall mean the annual fee paid by the
Company to Able in the amount of $258,000 for each Plant constructed by Able.

                  (d) "Budget" shall mean the obligation of the Company to have
an operating and development budget for the Company to construct and operate
Plants at the Truck Stop Facilities and any amendments, modifications,
supplements or restatements thereto in accordance with Sections 4.3 and 6.1. A
copy of the initial operating Budget is attached hereto and made a part hereof
as Exhibit A.

                  (e) "Certificate of Formation" shall mean the Certificate of
Formation of the Company filed with the Secretary of State of New Jersey.

                  (f) "Capital Account" shall mean the Capital Contribution to
the Company by each Member, adjusted pursuant to this Agreement.

                  (g) "Capital Contribution" shall mean the capital contribution
by a Member set forth in Section 6.1 and any additional contribution by a Member
to the capital of the Company in cash, property or services rendered, or a
promissory note or other obligation to contribute cash or property or render
services.

                  (h) "Cash Flow" shall mean net income utilizing generally
accepted accounting principals, except that if the Managers designate an amount
to be set aside as a reserve for improvement or other contingencies, such amount
shall be deducted.

                  (i) "Code" shall mean the Internal Revenue Code of 1986, as
amended.

                  (j) "Company" shall mean All American Bio Liquid Energy, LLC,
a New Jersey limited liability company.

                  (k) "Distribution" means any cash and other property paid to a
Member by the Company from the operations of the Company.

                  (l) "Fiscal Year" shall mean the fiscal year of the Company,
which shall be the 12 month (or shorter) period ending June 30.

                  (m) "Managers" shall mean the individuals or entities set
forth on Exhibit B attached hereto and any other individual or entity that
succeeds as Manager pursuant to the terms of this Agreement. If only one
individual or entity is in existence at a given time, "Managers" shall be deemed
to mean such individual or entity.

                  (n) "Member" shall mean each individual or entity who or which
executes this Agreement as a Member and whose name is set forth on Exhibit C
attached hereto, or each individual or entity who or which may hereafter become
a party to this Agreement pursuant to the terms hereof.

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                  (o) "Membership Interests" shall mean with respect to the
Company, the value of all Capital Contributions, and with respect to Members,
the percentage set forth opposite their respective names on Exhibit C attached
hereto.

                  (p) "Net Losses" shall mean the losses of the Company, if any,
determined in accordance with generally accepted accounting principles employed
under the cash method of accounting.

                  (q) "Net Profits" shall mean the net income of the Company, if
any, determined in accordance with generally accepted accounting principles
employed under the cash method of accounting.

                  (r) "New Jersey Law" shall mean the New Jersey Limited
Liability Company Act.

                  (s) "OPIS shall mean the industry standard pricing for diesel
fuel.

                  (t) "Person" shall mean any individual, corporation,
governmental authority, limited liability company, partnership, trust,
unincorporated association or other entity.

                  (u) "Plants" shall mean the facilities constructed and
operated by the Company at the truck stops operated by Able or its Affiliates
for the purpose of producing biodiesel fuel using USBE's exclusive production
process.

                  (v) "Property" shall mean all real property hereafter
acquired, leased, licensed or mortgaged by the Company.

                  (w) "Terminal" shall mean a facility whose predominant use is
to houses petroleum products for distribution or resale.

                  (x) "Truck Stop Facilities" shall mean the truck stops owned
and/or operated by Able or its Affiliates at which the Plants will be initially
be constructed and operated.

                  (y) "Treasury Regulations" shall mean all proposed, temporary
and final regulations promulgated under the Code as from time to time in effect.

                                   ARTICLE II
                                  ORGANIZATION

         2.1 FORMATION. The Members do hereby agree to form the Company as a
limited liability company pursuant to the provisions of the New Jersey and this
Agreement. The Managers shall, promptly after the execution and delivery of this
Agreement, cause the execution, delivery and filing of the Certificate of
Formation and shall cause the execution, delivery and filing of any amendments
thereto or restatements thereof, and any other certificates, notices, statements
or other instruments (and any amendments thereto or restatements thereof), and
shall take all actions, necessary or advisable for the formation of the Company
or the operation of the Company in all jurisdictions

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         2.2 NAME.  The name of the Company is USA Biodiesel LLC.

         2.3 PRINCIPAL PLACE OF BUSINESS. The initial principal places of
business of the Company shall be 198 Green Pond Road, Rockaway, New Jersey
07866. The Company may establish any other principal or secondary places of
business as the Managers may from time to time deem advisable.

         2.4 TERM. The Company will dissolve fifteen years from the date of the
filing of the Certificate of Formation unless the Members agree in writing to
(i) extend the term of this Agreement and (ii) specify the conditions upon which
such extension is predicated.

         2.5 PURPOSE. The Company is formed for the purpose of producing
biodiesel fuel utilizing BEA's production process at Plants to be constructed
and owned by Able using BEA's designs, engineering plans and related technology
at the Truck Stop Facilities operated and/or owned by Able or its Affiliates.
The Company shall operate the Plants and sell all biodiesel produced to Able at
OPIS biodiesel prices. Able shall have the exclusive right to purchase all
biodiesel fuel produced at the Plants.

         2.6 REGISTERED AGENT.    Steven B. Fuerst, Esq. is the Company's
initial registered agent in the State of New Jersey and the registered office is
65 Livingston Avenue, Roseland, NJ .

                                   ARTICLE III
                                     MEMBERS

         3.1 NAMES AND ADDRESSES. The names and addresses of the Members are set
forth on Exhibit C attached hereto. BEA and Able shall each have a fifty percent
(50%) interest in the Company.

         3.2 ADDITIONAL MEMBERS. No additional Member shall be admitted to the
Company except upon the written consent of all Members and except as provided
for in Section 9.2.

         3.3 MEMBERSHIP INTERESTS. Each Member hereby agrees that its interest
in the Company shall be personal property for all purposes.

         3.4 BOOKS AND RECORDS. The Company shall keep proper books and records
of account and minutes of all meetings of the Members and of the Managers. The
books and records of account shall be maintained on the cash basis. The Managers
shall distribute to the Members such periodic and annual audited financial
statements as may be prepared by the Company's regular accountants.

         3.5 INSPECTION. Each Member may at any time inspect the Certificate of
Formation, the Operating Agreement, the minutes of any meeting of the Members,
and the books and records and any tax returns of the Company for the immediately
preceding three Fiscal Years, at the principal place of business of the Company.

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         3.6 MEMBERS NOT LIABLE FOR COMPANY LOSSES. Except as otherwise provided
by the New Jersey Law, the debts, obligations and liabilities of the Company,
whether arising in contract, tort or otherwise, shall be solely the debts,
obligations and liabilities of the Company and no Member or Manager of the
Company shall be obligated personally for any such debt, obligation or liability
of the Company solely by reason of being a Member or acting as a Manager of the
Company.

         3.7 PRIORITY AND RETURN OF CAPITAL.  No Member:

                  (a) may withdraw any amount of such Member's Capital
Contribution without the prior unanimous written consent of all of the Managers;
or

                  (b) except as provided in Section 7.2 hereof, shall have
priority over any other Member, whether for the return of a Capital Contribution
or for Net Profits, Net Losses or a Distribution.

         3.8 LIABILITY OF A MEMBER TO THE COMPANY. A Member who or which
rightfully receives the return of any portion of a Capital Contribution is
liable to the Company only to the extent now or hereafter provided by the New
Jersey Law. A Member who or which receives a Distribution made by the Company in
violation of this Agreement or made when the Company's liabilities exceed its
assets (after giving effect to such Distribution) shall be liable to the Company
for the amount of such Distribution.

         3.9 FINANCIAL ADJUSTMENTS. No Member admitted after the date of this
Agreement shall be entitled to any retroactive allocation of losses, income or
expense deductions incurred by the Company. The Managers may, in their sole
discretion, at the time a new Member is admitted, close the books and records of
the Company (as though the Fiscal Year had ended) or make pro rata allocations
of loss, income and expense deductions to such Member for that portion of the
Fiscal Year in which such member was admitted, in accordance with the Code.

         3.10 LOANS, GUARANTEES, ETC. BY MEMBERS. Any of the Members may from
time to time make loans to the Company, guarantee or provide security for loans
of the Company upon such terms and conditions as shall be determined by the
unanimous consent of all of the Managers.

         3.11 INDEMNIFICATION OF MEMBERS. The Company shall indemnify, save
harmless and pay all liabilities, obligations, losses, damages, penalties,
actions, judgments, suits, costs, expenses and disbursements of any kind or
nature whatsoever (including, without limitation, reasonable attorneys' fees,
costs of investigation, fines, judgments and amounts paid in settlement)
(collectively, "LOSSES") actually incurred by a Member, or by any Person acting
with authority on behalf of a Member and performing an act which a Member is
entitled to perform pursuant to this Agreement, as a result of any action, suit
or proceeding brought against a Member by virtue of its status as a Member or
with respect to any action or omission taken or suffered by such Member or such
Person with respect to the Company, other than Losses resulting from the willful
misconduct, gross negligence or bad faith of such Member or such Person. The
termination of any action, suit or proceeding by judgment, order, settlement,
conviction or upon a plea of nolo contendere or its equivalent shall not, of
itself, create a presumption that a Member or such other Person did not act in
good faith. The indemnification

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provided by this Section 3.11 shall be recoverable only out of the assets of the
Company, and no Member shall have any personal liability on account thereof.

                                   ARTICLE IV
                                   MANAGEMENT

         4.1 MANAGEMENT.  Management of the Company shall be vested in the
Managers. The Managers shall have and be subject to all of the duties and
liabilities of managers as set forth in the New Jersey Law.

         4.2 NUMBER, TENURE AND QUALIFICATIONS OF MANAGERS. Each of the Members
shall have the right to elect two Managers of the Company. Those four (4)
Managers shall constitute the Board of the Company. In the event a Manager
resigns or is removed as hereinafter provided in this Article, the Member who
elected such manager shall appoint his/her successor. Each of the individuals
whose names are set forth on Exhibit B attached hereto shall serve as a Manager.
The number of Managers of the Company may be amended only upon the written
consent of each of the Members of the Company. Each Manager shall hold office
until the next annual meeting of Members or until a successor shall have been
elected and qualified.

         4.3 POWER OF MANAGERS. The Managers, as a Board shall have the sole
power and authority, on behalf of the Company, to (a) hire the officers of the
Company, including the CEO and President; (b) open bank accounts and otherwise
invest the funds of the Company; (c) purchase insurance on the business and
assets of the Company; (d) commence lawsuits and other proceedings; (e) plan and
approve the initial Budget for the Company and subsequent annual operating and
capital budgets; (f) approve the plans for the construction and installation of
the Plants using the BEA production process at the Truck Stop Facilities; (g)
declare and pay distributions to the Members in accordance with Section 7.2 of
this Agreement; and (e) take any other lawful action that the Managers consider
necessary, convenient or advisable in connection with the business of the
Company. In the event there is a dispute or the Managers are deadlocked with
respect to any vote, as provided for in this Article, or with respect to any
other issue, such dispute shall be resolved in accordance with Section 14.7.

         4.4 OFFICERS. The officers of the Company shall have the responsibility
of managing the manage the day to day operations of the Company and to do, on
behalf of the Company, all activities in the ordinary course of business.

         4.5 LIABILITY FOR CERTAIN ACTS. The Managers shall perform their duties
in good faith, in a manner they reasonably believe to be in the best interests
of the Company and with such care as an ordinarily prudent person in a similar
position would use under similar circumstances. A Manager who so performs such
duties shall not have any liability for acts or failures to act, solely by
reason of being or having been a Manager. The Managers shall not be liable to
the Company or any Member for any loss or damage sustained by the Company or any
Member, unless the loss or damage shall have been the result of the gross
negligence or willful misconduct of such Manager or in direct breach of the
terms of this Operating Agreement.

         4.6 NO EXCLUSIVE DUTY TO COMPANY. The Managers shall devote such of
their professional business time to the management of the Company as each deems
necessary.

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Nothing contained herein shall be deemed to require a Manager to manage the
Company as the Manager's sole and exclusive occupation.

         4.7 INDEMNIFICATION. The Company shall indemnify and hold harmless the
Managers from and against all claims and demands to the maximum extent permitted
by the New Jersey Law, except for those actions for which no such
indemnification is permitted.

         4.8 RESIGNATION. A Manager may resign at any time by giving written
notice to the Company. The resignation of any Manager shall take effect upon
receipt of such notice or at any later time specified in such notice. Unless
otherwise specified in such notice, the acceptance of the resignation shall not
be necessary to make it effective. In the event, a Manager resigns, the Member
who elected that Manager shall have the sole right to appoint a new Manager to
replace the resigning Manager.

         4.9 REMOVAL. A Manager may be removed by the Member who elected that
Manager with or without cause or by written consent of all Members. In the event
a Manager is removed, the Member who elected that Manager shall have the sole
right to appoint a new Manager to replace that Manager.

         4.10 VACANCIES. A Manager elected to fill a vacancy shall be elected
for the unexpired term of the Manager's predecessor in office and shall hold
office until the expiration of such term and until the Manager's successor has
been elected and qualified. A Manager chosen to fill a position resulting from
an increase in the number of Managers shall hold office until the next annual
meeting of Members and until a successor has been elected and qualified.

         4.11 BANKING. All monies received by the Company shall be deposited in
the name of the Company in The Bank of New York, 14 Green Pond Road, Rockaway,
NJ 07866, Account No. ___________.

         4.12 SALARIES, FEES, ETC. No salaries, management fees, business
expenses or any other distributions or payments shall be paid to or for the
benefit of any Member or Manager. This policy may, however, be amended by
unanimous vote of the Members.

         4.13 VOTE OF THE BOARD OF MANAGERS Unless otherwise specified in this
Agreement all matters placed before the Board for consideration shall be decided
by simple majority present at the meeting either in person or by telephone or by
written proxy; however, no meeting or vote shall be binding upon the Company
unless at least three (3) Managers participate in the meeting. Moreover, the
following agenda items shall be decided only with the consent of all four (4)
Managers of the Board present and participating.

                  (a) merge, consolidate, spin off, reorganize or agree to any
other business combination of the Company or any Affiliate with or into any
other Person, except that the Company may merge with any wholly-owned
subsidiary;

                  (b) sell all or substantially all of the assets of the Company
in a single transaction or in a series of related transactions;

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                  (c) call for an Additional Capital Contribution in any form,
including, without limitation, equity, options, convertible debt or other
securities and issuance of additional limited liability company interests,
forgive a member from making a Capital Contribution once duly called or
committed, or permit a Member to withdraw any capital;

                  (d) amend, modify, supplement or restate the Budget or any
subsequent annual budget;

                  (e) authorize or make expenditures, commitments or agreements
(A) not provided for in the Budget or subsequent annual budget or (B) in an
amount greater than 110% of the aggregate Budget or subsequent annual budget
amount;

                  (f) institute any proceedings to adjudicate the Company
bankrupt, or consent to the filing of a bankruptcy proceeding against the
Company, or file a petition or answer or consent seeking reorganization of the
Company under the federal bankruptcy laws or any other similar applicable
federal or state law, or consent to the filing of any such petition against the
Company, or consent to the appointment of a receiver, liquidator, trustee or
assignee in bankruptcy or insolvency of the Company or the Company's assets, or
make an assignment for the benefit of creditors of the Company, or admit the
Company's inability to pay its debts generally as they become due;

                  (g) commence any litigation, arbitration or other proceeding,
confess a judgment, or settle a litigation, arbitration or other proceeding on
behalf of the Company or any Affiliate;
                  (h) knowingly take any action which would waive the limited
liability of the Company or the Members or otherwise intentionally subject the
Members to liability for obligations of the Company;

                  (i) admit any new Members;

                  (j) enter into any agreement not contemplated in the Budget or
any subsequent annual budget, including, without limitation, insurance policies,
loan agreements, vendor agreements, leases and licenses;

                  (k) convert the Company or any Affiliate into any other form
of entity;

                  (l) except as provided for in Section 7.2 of the Agreement
declare distribution of Net Profits or other funds or assets of the Company to
the Members;

                  (m) enter into any transaction with an Affiliate, any Member
or Manager or any family member of any of the principals of any of the
foregoing, or enter into any other related party transaction;

                  (n) debit the operating bank account of the Company in an
amount greater than $25,000 in any single transaction except for the purchase of
raw materials used by the Company in the production of biodiesel fuel or any
other transaction in the ordinary course of the business of the Company;

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                  (o) knowingly take any act which might have a material adverse
effect on the Company or any Affiliate;

                  (p) form a joint venture arrangement with third party entity
or individual;

                  (q) incur, assume or otherwise agree to debt on behalf of the
Company or remit or give time for the repayment of any debt by a Member;

                  (r) invest in securities or collateralize a debt with the
assets of the Company; or

                  (s) contribute to charitable and other funds not directly
relating to the business of the Company or the welfare of it's employees.

                  The Managers will advise the Members, at least once per
calendar month, of the state of the operations of the Company.

                                    ARTICLE V
                              MEETINGS OF MANAGERS

         5.1 ANNUAL MEETING. The annual meeting of the Managers shall be held on
such date as shall be determined by the Chairman of the Board of Managers for
the purpose of the transaction of any business as may come before such meeting.
In the event that a meeting date is not agreed upon, the Annual Meeting shall be
held the second Tuesday in September.

         5.2 SPECIAL MEETINGS.  Special meetings of the Managers for any
purpose may be called by any Manager or any Member.

         5.3 PLACE OF MEETINGS. Meetings of the Managers shall be held at the
principal office of the Company unless otherwise determined by a majority of the
Managers. There shall be a minimum of two (2) meetings of the Board per year.

         5.4 NOTICE OF MEETING. Written notice stating the place, day and hour
of the meeting and indicating that it is being issued by or at the direction of
the person or persons calling the meeting, stating the purpose or purposes for
which the meeting is called, shall be delivered no fewer than ten (10) nor more
than sixty (60) days before the date of the meeting.

         5.5 RECORD DATE. For the purpose of determining the Members entitled to
notice of any meeting of Managers or at any adjournment thereof, or Members
entitled to receive payment of any Distribution, or to make a determination of
Members for any other purpose, the date on which notice of the meeting is mailed
or the date on which the resolution declaring the Distribution is adopted, as
the case may be, shall be the record date for making such a determination. When
a determination of Managers entitled to vote at any meeting of Managers has been
made pursuant to this Section 5.5, the determination shall apply to any
adjournment of the meeting.

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                                   ARTICLE VI
                        CAPITAL CONTRIBUTIONS/OPERATIONS

         6.1 CAPITAL CONTRIBUTIONS. The Members have and shall contribute to the
capital of the Company the amounts or property as follows:

                  (a) Contributions by BEA: (i) license design, engineering
plans and technology and related costs and expenses necessary to construct and
operate the Plants at the Truck Stop Facilities; (ii) access to equipment
supplier purchase agreements for equipment for the Plants; (iii) access to soy
oil, methanol and other material purchasing agreements; (iv) for each Plant
constructed at a Truck Stop Facility, six months of training to be provided to
Company and Able employees, consisting of three months during the construction
of each of the Plants and three months during initial full production; and (v)
exclusive territorial rights to the manufacturing process to be used at the
Plants.

                  (b) Contributions by Able: (i) costs of construction of each
of the Plants and related equipment necessary for operating the Plants, all of
which, after construction of the Plants shall be owned by Able; (ii) initial
capital by means of a loan to the Company for funding the operations of the
Company as required by the Budget annexed hereto as Exhibit A; (iii) the Truck
Stop Facilities at which the Plants are to be constructed; and (iv) office
facilities and access to office technology for the Company.

         6.2 ADDITIONAL CONTRIBUTIONS/OPERATIONS.

                  (a) The Company is to pay all of its operating, production and
processing expenses, including, but not limited to: costs of soy oil, methanol
and caustic soda necessary for the production of the bio diesel fuel; the Annual
Use Fee to Able for its use of the Plants, in the amount of $258,000 per year
for each Plant constructed by Able payable quarterly commencing ninety (90) days
after the Plant is fully operational; management costs; labor and benefits
expenses; and financial and legal costs. The Company will not incur any sales or
marketing expenses since Able will purchase all biodiesel fuel produced at the
Plants. The purchase price to be paid for such biodiesel fuel shall be OPIS less
industry published discounts for dealer price, distributor price or jobber
price. Able will make payments for the biodiesel fuel it purchases from the
Company on the basis of "net fifteen (15) days." In the event that Able is
unable to purchase all of the biodiesel fuel produced by the Company and gives
the Company written notice to that effect in accordance with section 14.1 of
this Agreement, such bio diesel fuel may be sold by the Company to any willing
purchaser on such terms and conditions as may be agreed upon.

                  (b) The Members acknowledge that in the event a Plant is not
operating profitably, the Managers by unanimous vote shall have the right to
close, permanently or temporarily, the operation at such Plant. In such case,
the Annual Use Fee shall be suspended until such time that such Plant resumes
operations.

                  (c) In the event funds are required to maintain operations at
budgeted levels, Able shall advance such funds to the Company up to the maximum
amount of $300,000 per Plant. Such loans by Able to the Company shall be repaid
within one year from the date such

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loan is made in accordance with the terms and conditions of Section 7.2 of this
Agreement. In the event the Members desire to expand the Company or incur any
additional capital expenditures, these expenditures shall be the sole
responsibility of the Company unless the Members unanimously agree to make such
contributions.

         6.3 CAPITAL ACCOUNTS.  An individual capital account (the "Capital
Account") shall be maintained for each Member in accordance with Section
1.704-1(b) of the Treasury Regulations and the following provisions:

                  (a) Each Member's Capital Account shall be increased by the
following:

                           (i) the amount of cash contributed by such Member to
the Company;

                           (ii) the amount of such Member's allocable share of
Net Profits (or items thereof), including tax-exempt
income and gain;

                           (iii) the amount, if any, of any Company liabilities
that are assumed by such Member on or after the date
hereof, other than liabilities that are secured by any Company property
distributed to such Member by the Company, all as provided in Treasury
Regulation Section 1 .704-1(b)(2)(iv)(c)(1); and

                           (iv) the fair market value of any property
contributed to the Company by such Member on or after the date
hereof (net of liabilities secured by such contributed property that the Company
is considered to assume or take subject to under Code Section 752).

The determination, recognition and classification of each such item of income,
gain, loss and deduction to be reflected in each Member's Capital Account shall
be the same as its determination, recognition and classification for federal
income tax purposes and each such item shall be allocated between the Members in
the same proportion as their Membership Interests or as otherwise allocated in
accordance with the terms of this Agreement.

                  (b) Each Member's Capital Account shall be decreased by the
following:

                           (i) the amount of cash distributed to such Member by
the Company;

                           (ii) the amount of such Member's allocable share of
Net Losses and any items of Company loss and deduction that are specially
allocated to such Member on or after the date hereof pursuant to Article 7
hereof;

                           (iii) the fair market value of any property
distributed to such Member by the Company on or after the date
hereof (net of liabilities secured by such distributed property that such Member
is considered to assume or take subject to under Code Section 752);

                           (iv) the amount of individual liabilities of such
Member that is assumed by the Company on or after the
date hereof other than liabilities secured by property contributed by such
Member to the Company as provided in Treasury Regulations Section
1.704-1(b)(2)(iv)(c)(ii); and

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                           (v) the amount of any expenditures described in Code
Section 705(a)(2)(B) allocated to such Member.

                  (c) In the event of (1) the acquisition of an additional
interest in the Company by any new or existing Member in exchange for more than
a de minimis capital contribution, (2) the distribution by the Company to a
Member of more than a de minimis amount of the assets of the Company as
consideration for an interest in the Company, (3) the liquidation of the Company
for federal income tax purposes pursuant to Section 1.704-1 (b)(2)(ii)(g) of the
Treasury Regulations, or (4) an election under Code Sections 734(b) or 743(b),
but only as provided in Section 1.704-1(b)(2)(iv)(m) of the Regulations, the
values of the Company's properties shall be adjusted (limited, in the case of
the events described in clauses (1) and (2), to adjustments which the Managers
determines are necessary or appropriate to reflect the relative economic
interests of the Members) to equal their then fair market values (as determined
by the Managers), and the Capital Accounts of each Member shall be credited or
charged with such Member's share (as determined under Article Seven hereof) of
the Net Profits or Net Losses resulting from such adjustments.

         6.4 TRANSFERS. Upon a permitted sale or other transfer of a Membership
Interest in the Company, the Capital Account of the Member transferring a
Membership Interest shall become the Capital Account of the Person to which or
whom such Membership Interest is sold or transferred in accordance with Section
1.704-1(b)(2)(iv) of the Treasury Regulations.

         6.5 MODIFICATIONS. The manner in which Capital Accounts are to be
maintained pursuant to this Section is intended to comply with the requirements
of Section 704(b) of the Code and shall be interpreted and applied in a manner
consistent with such Section. If in the opinion of the Managers the manner in
which Capital Accounts are to be maintained pursuant to this Agreement should be
modified to comply with Section 704(b) of the Code, then the manner in which
Capital Accounts are maintained shall be so modified; provided, however, that
any change in the manner of maintaining Capital Accounts shall not materially
alter the economic agreement between or among the Members as provided herein.

         6.6 DEFICIT CAPITAL ACCOUNT. Except as otherwise required by the New
Jersey Law or this Agreement, no Member shall have any liability to restore all
or any portion of a deficit balance in a Capital Account.

         6.7 WITHDRAWAL OR REDUCTION OF CAPITAL CONTRIBUTIONS. No Member may
withdraw any amount from such Member's Capital Account without the prior written
consent of all of the Managers. A Member shall not receive from the Company any
portion of a Capital Contribution until all indebtedness, liabilities of the
Company (except any indebtedness, liabilities and obligations to Members on
account of their Capital Contributions) have been paid or there remains property
of the Company, in the sole discretion of the Managers, sufficient to pay them.

         6.8 CERTIFIED VALUE.

                  (a) The Members agree that the value of each issued and
outstanding Membership Interest ("Certified Value Per Membership Interest")
shall be determined as set forth below.

                                      -12-
<PAGE>

                  (b) The Company's certified public accountants regularly
engaged by the Company, in accordance with generally accepted accounting
principles used by the Company in keeping its books, applied on a consistent
basis shall determine the value of membership interest ("Certified Value Per
Membership Interest") on an annual basis commencing with June 30, 2007. The
accountant shall determine the Certified Value Per Membership Interest each year
by August 31 of the ensuing year, which Certified Value shall be applied for the
following year.

                  (c) The report of Certified Value Per Membership Interest
issued by the Company's accountants shall be distributed to all parties to this
Agreement. In the event that no written objection is made to such report by any
party to this Agreement within thirty (30) days after notice given pursuant to
Section 14.1 herein, then such report shall be final, binding and conclusive. If
written notice of objection is given within said thirty (30) day period then the
matter shall be submitted for resolution as provided in Section 6.9 herein.

         6.9 DISPUTES AS TO VALUE. In the event of a dispute relating to the
Certified Value Per Membership Interest, such dispute shall be resolved in
accordance with the procedures set forth in Section 14.7.

                                   ARTICLE VII
                          ALLOCATIONS AND DISTRIBUTIONS

         7.1 ALLOCATIONS OF PROFITS AND LOSSES. The Net Profits and the Net
Losses for each Fiscal Year and the net proceeds resulting from the business of
the Company shall be allocated to the Members in proportion to their respective
percentages of Membership Interests as of the date of such allocation.

         7.2 DISTRIBUTIONS. Distributions shall be allocated and made in the
following order of priority: FIRST, to all Members in proportion to their
respective percentages of Membership Interests in amounts sufficient to satisfy
the highest projected income tax liabilities (State and Federal) based upon
their Membership Interest allocation of taxable income; SECOND, in payment of
all reasonable debt carry charges and repayment due to any Member's loans to the
Company; and THIRD, to all Members in proportion to their respective percentages
of Membership Interests, PROVIDED, HOWEVER, that no distribution as set forth
above shall be made to any Member until such time that Able has received
distributions in the aggregate equal to their initial cash contribution as set
forth in Section 6.1 that it has made to the Company to fund the expenses of the
Budget for the operating expenses of the Company ( such amount shall not include
the costs and expenses of constructing the Plants) or any subsequent advances of
capital made by Able as set forth in Section 6.2 together with interest thereon
on the unpaid balance at the rate of eight percent (8 %) per annum. The Managers
shall distribute the Net Profit of the Company to the Members at such times as
the Managers shall determine in their sole discretion. The Managers may from
time to time, in their sole discretion, make additional Distributions to the
Members. Notwithstanding anything to the contrary in the foregoing, ten percent
(10%) of any Net Profit available to the Members for distribution up to the
maximum amount of $1 million per Plant shall be withheld as a reserve fund and
deposited in an in a separate interest bearing account established and
maintained by the Company for that purpose.

                                      -13-
<PAGE>

         7.3 OFFSET.  The Company may offset all amounts owing to the
Company by a Member against any Distribution to be made to such Member.

         7.4 LIMITATION UPON DISTRIBUTIONS.  No Distribution shall be
declared and paid unless, after such Distribution is made, the assets of the
Company are in excess of all liabilities of the Company.

         7.5 ACCOUNTING PERIOD.  The accounting period of the Company shall
be a fiscal year ending June 30th of each year.

         7.6 REGULATORY ALLOCATIONS.

                  (a) Notwithstanding any other provision of this Agreement, in
the event any Member unexpectedly receives any adjustments, allocations or
distributions described in Treasury Regulation Sections 1.704-1(b)(2)(ii)(d)(4),
(5) or (6), items of the Company's income and gain shall be specially allocated
to such Member (consisting of a pro rata portion of each item of such income and
gain) in an amount and manner sufficient to eliminate any deficit in such
Member's Capital Account as quickly as possible. The provisions of this SECTION
7.6(A) are intended to constitute a "qualified income offset" within the meaning
of Treasury Regulation Section 1.704-1(b)(2)(ii)(d) and shall be interpreted
consistently with said Treasury Regulation.

                  (b) In order to comply with the "minimum gain chargeback"
requirements of Treasury Regulation 1.704-2(e) and (f), and notwithstanding any
other provision of this Agreement to the contrary in the event there is a net
decrease in a Member's share of Company minimum gain (as defined in Treasury
Regulation 1.704-2(d)(1)) and/or Member non-recourse debt minimum gain (as
defined in Treasury Regulation 1.704-2(i)(2)) during a Company taxable year,
such Member shall be allocated items of income and gain for that year (and if
necessary, for other years) as required by and in accordance with Treasury
Regulation 1.704-2(0(1) and 1.704-2(i)(4) before any other allocation is made.

                  (c) The allocations set forth in this SECTION 7.2 (the
"Treasury Regulatory Allocations") are intended to comply with certain
requirements of the Treasury Regulations. It is the intent of the Members that,
to the extent possible, all Treasury Regulatory Allocations shall be offset
either with other Treasury Regulatory Allocations or with special allocations of
other items of taxable income or tax loss. Therefore, notwithstanding any other
provision of this SECTION 7.2 (other than the Treasury Regulatory Allocations),
offsetting special allocations of taxable income or tax loss, in whatever manner
is appropriate, shall be made so that, after such offsetting allocations are
made, each Member's Capital Account balance is, to the extent possible, equal to
the Capital Account balance such Member would have had if the Treasury
Regulatory Allocations were not part of this Agreement. In making such
offsetting allocations, there shall be taken into account future Treasury
Regulatory Allocations that, although not yet made, are likely to offset other
Treasury Regulatory Allocations previously made.

                  (d) It is the intention of the Members that the allocations
hereunder shall be deemed to have "substantial economic effect" within the
meaning of Code Section 704 and Treasury Regulation Section 1.704-1. Should the
provisions of this Agreement be inconsistent with or in conflict with Code
Section 704 or the Treasury Regulations thereunder, then Code

                                      -14-
<PAGE>

Section 704 and such Treasury Regulations shall be deemed to override the
contrary provisions thereof. If Code Section 704 or the Treasury Regulations
thereunder at any time require that limited liability company agreements contain
provisions which are not expressly set forth herein, such provisions shall be
incorporated into this Agreement by reference and shall be deemed a part of this
Agreement to the same extent as though they had been expressly set forth herein,
and any such incorporation shall be retroactive to whatever extent required to
create allocations with "substantial economic effect".

         7.6 OTHER ALLOCATION RULES.

                  (a) Each separate item of income, deduction, credit, gain and
loss of the Company shall be allocated among the Members in the same proportion
as the portion of the total Net Profits or Net Losses for the period which is
credited or charged to the Capital Account of each Member bears to the total Net
Profits or Net Losses for such period.

                  (b) If the Membership Interests of the Members change during a
year, Net Profits or Net Losses for such year shall be allocated among the
Members on the basis of the computation method which, in the determination by
the Members, is in the best interests of the Company; provided, that such method
is in conformity with the methods prescribed by Code 706 and Treasury
Regulations 1.706-1(c)(2)(ii).

                                  ARTICLE VIII
                                      TAXES

         8.1 TAX RETURNS. The Tax Matters Partner as hereinafter defined shall
cause to be prepared and timely filed all necessary Federal and state income tax
returns for the Company. Each Member shall furnish to the Tax Matters Partner
all pertinent information in the Member's possession relating to Company
operations necessary to enable the Company's income tax returns to be prepared
and filed.

         8.2 TAX STATUS. Each Member hereby recognizes and intends that the
Company will be treated as a partnership for federal and state tax purposes and
will be subject to all provisions of Subchapter K of Chapter 1 of Subtitle A of
the Code. No Member shall take any action or make any election that would be
inconsistent with the foregoing intention.

         8.3 TAX BENEFITS; TAX CREDITS. Able shall be deemed the manufacturer
and blender of the bio-diesel fuel produced at the Plants and as such shall be
entitled to all available tax benefits and tax credits relating to the
production of bio diesel fuel. All other tax benefits and credits of the Company
shall be allocated to the parties according to their Membership interests as set
forth in Exhibit C.

         8.4 TAX ELECTIONS.  The Company shall make the following elections
on the appropriate tax returns:

                                      -15-
<PAGE>

                  (a) to adopt June 30 as its Fiscal Year;

                  (b) to adopt the Company's method of accounting;

                  (c) to make any other election that the Managers may deem
appropriate and in the best interests of the Members and

                  (d) No Member shall take any action or refuse to take any
action that would cause the Company to forfeit the benefits of any tax election
previously made or agreed to be made by the Company.

         8.5 TAX MATTERS PARTNER. The Managers shall designate the President and
C.E.O. as "Tax Matters Partner" of the Company pursuant to Pursuant to Section
6231 (a)(7)(A) of the Code, for all purposes of the Code and for the
corresponding provisions of any state or local statute. Each of the Members
hereby consents to such designation and agrees to take any such further action
as may be required by the Treasury Regulations or otherwise to effectuate, such
designation. The Tax Matters Partner is authorized to represent the Company (at
the Company's expense) in connection with all examinations of the Company's
affairs by any tax authorities, including resulting judicial and administrative
proceedings, and to expend Company funds for professional services and costs
associated therewith. The decisions of the Tax Matters Partner shall be final
and binding as to all Members except to the extent that any Member files a
statement not to be bound by a settlement pursuant to Code Section 6224(c)(3).
The Tax Matters Partner shall furnish to the Members a copy of all notices or
other written communications received by the Tax Matters Partner from the
Internal Revenue Service or any state or local taxing authority (except such
notices or communications as are sent directly to the Members).

                                   ARTICLE IX
                TRANSFERS OR ENCUMBRANCES OF MEMBERSHIP INTERESTS

         9.1 TRANSFERS OF MEMBERSHIP INTERESTS. Without the prior written
consent of all of the Members, no Member shall transfer all or any portion of a
Member's Membership Interest in the Company. Any such purported transfer shall
be invalid and void and shall not bind the Company. The Member whose transfer is
invalid shall pay, indemnify and hold the Company and the other Members harmless
from and against all liabilities, obligations, losses, damages, penalties,
actions, judgments, suits, costs, expenses and disbursements of any kind or
nature whatsoever, directly or indirectly arising from or in connection with the
purported transfer (including reasonable attorneys' fee of the Company or any
Member and federal, state or local taxes).

         9.2 CERTAIN TRANSFERS. Notwithstanding the provisions of Section 9.1,
the unanimous consent of the Members shall not be required for a transfer of all
or part of a Member's Interest in the Company to (a) the Member's spouse or
lineal descendants or to a trust for the benefit of a Member's spouse or lineal
descendants, or (b) an Affiliate of the Member; provided, that any

                                      -16-
<PAGE>

transferee that receives any Membership Interest of the Company as a result of
the permitted transfer provided for in this Section 9.2 shall hold its
Membership Interest subject to all of the terms and conditions of this Agreement
including this Article 9 and shall, as a condition of receiving such Membership
Interest, execute and deliver documentation confirming that it shall be bound
hereby.

         9.3 ENCUMBRANCES. Without the prior written consent of all of the
Members, a Member may not, and shall not, at any time, and at any level or tier
of ownership, directly or indirectly, voluntarily or involuntarily, by operation
of law or otherwise, cause or permit any encumbrance upon all or any portion of
such Member's Membership Interest. Any such purported encumbrance shall be
invalid and void and shall not bind the Company. The Member whose encumbrance is
invalid shall pay, indemnify and hold the Company and the other Members harmless
from and against all liabilities, obligations, losses, damages, penalties,
actions, judgments, suits, costs, expenses and disbursements of any kind or
nature whatsoever, directly or indirectly arising from or in connection with the
purported Encumbrance (including reasonable attorneys' fees incurred by the
Company or any Member and any federal, state or local taxes).

         9.4 EFFECTIVE DATE. Any sale of a Membership Interest or admission of a
Member pursuant to this Article shall be deemed effective as off the last day of
the calendar month in which such sale or admission occurs.

                                    ARTICLE X
                                   DISSOLUTION

         10.1 DISSOLUTION. The Company shall be dissolved and its affairs shall
be wound up upon the first to occur of the following:

                  (a) Fifteen years from the date the Certificate of Formation
is filed; or

                  (b) The vote or written consent of one hundred (100%) percent
of all of the Managers.

         10.2 WINDING UP. Except as otherwise specifically set forth herein,
upon the dissolution of the Company, the Managers may, without affecting the
liability of Members, in the name of and on behalf of the Company, prosecute and
defend suits, whether civil, criminal or administrative in nature, sell and
close the Company's business, dispose of and convey the personal property of the
Company, discharge the Company's liabilities and distribute to the Members any
remaining assets of the Company. Upon winding up of the Company, the assets
shall be distributed in the order as follows:

                  (a) To creditors, including any Member who is a creditor, to
the extent permitted by law, in satisfaction of liabilities of the Company,
whether by payment or by establishment of adequate reserves, other than
liabilities for distributions to Members under the New Jersey Law; then

                                      -17-
<PAGE>

                  (b) To the setting up any reserves which the Managers (or if
there are no Managers, then the Person designated by the Members to conduct the
liquidation of the Company) may deem reasonably necessary for any contingent or
unforeseen liabilities or obligations of the Company; then

                  (c)      To Members and former Members in satisfaction of
liabilities for Distributions under the New Jersey Law; then

                  (d) To Members, first for the return of their Capital
Contributions, to the extent not previously returned, and second, respecting
their Membership Interests, in the proportions in which the Members share in
Distributions in accordance with this Agreement.

         10.3 DISPOSAL OF EQUIPMENT AND INVENTORY; LICENSES. Subject to the
provisions of this Article, upon dissolution of the Company, (i) BEA shall have
the first right to purchase all equipment owned or utilized by the Company
including without limitation the equipment purchased pursuant to Section 6.1 at
its depreciated value; (ii) Able shall have the first right to the Company's
inventory at market value; and (iii) all licenses granted by USBE to the Company
shall terminate.

         10.4 ARTICLES OF DISSOLUTION. Within ninety (90) days following the
dissolution and the commencement of winding up of the Company, or at any other
time that there no longer are any Members, articles of dissolution shall be
filed with the Secretary of State pursuant to the New Jersey Law.

         10.5 DEFICIT CAPITAL ACCOUNT. Upon a liquidation of the Company within
the meaning of Section 1.704-1(b)(2)(ii)(g) of the Treasury Regulations, if any
Member has a Deficit Capital Account (after giving effect to all contributions,
distributions, allocations and other adjustments for all Fiscal Years, including
the Fiscal Year in which such liquidation occurs), the Member shall have no
obligation to make any Capital Contribution, and the negative balance of any
Capital Account shall not be considered a debt owed by the Member to the Company
or to any other Person for any purpose.

         10.6 NON-RECOURSE TO OTHER MEMBERS. Except as provided by applicable
law or as expressly provided in this Agreement, upon dissolution each Member
shall receive a return of the Member's Capital Contribution solely from the
assets of the Company. If the assets of the Company remaining after the payment
or discharge of the debts and liabilities of the Company are insufficient to
return any Capital Contribution of any Member, such Member shall have no
recourse against any other Member.

         10.7 TERMINATION. Upon completion of the dissolution, winding up,
liquidation, and distribution of the assets of the Company, the Company shall be
deemed terminated and the Managers (or, if there are no managers, the Person
designated by the Managers to conduct the liquidation of the Company) shall
cause the cancellation of the Certificate of Formation.

         10.8 BANKRUPTCY. If any Member shall file a petition in bankruptcy,
make an assignment for the benefit of creditors, commence a proceeding for the
appointment of a receiver, trustee, liquidator, or conservator of himself,
itself or herself, as the case may be, or of the whole or any substantial part
of his, its or her property, file a petition or answer or consent to

                                      -18-
<PAGE>

similar relief under the Federal bankruptcy laws or any other applicable law or
statute of the United States or any state ("Bankrupt Member"), then and in such
event, and at any time thereafter, the non-bankrupt Member shall have a right of
first refusal to purchase the interest of the Bankrupt Member, or alternatively,
if no other offers are forthcoming for the Bankrupt Member's interest, then the
action or event shall be deemed to be an offer to the Company to purchase the
Membership Interest of such Bankrupt Member based upon the value assigned to
that interest pursuant to Section 6.8.

                                   ARTICLE XI
              NON-COMPETITION, EXCLUSIVE RIGHTS AND CONFIDENTIALITY

         11.1 NON-COMPETITION. Each Member and its Affiliates agree for a period
of one (1) year after the term of this Agreement, as defined in Section 2.4,
they will not, without the written consent of the other Member(s) construct or
operate a facility at a truck stop plaza, home heating depot or Terminal which
sells or produces biodiesel fuel or similar alternate fuel within a radius of
fifty (50) miles from any of the Truck Stop Facilities set forth in Exhibit D to
this Agreement.

                  (a) Each Member understands and acknowledges that the Company
may not have an adequate remedy at law for the breach or threatened breach of
his covenants set forth in this Section 11.1 and agrees that the Company may, in
the case of such breach or threatened breach, file a suit in equity to enjoin
any Member from such breach or threatened breach, and agrees that the court
having jurisdiction over such proceedings may enter an order temporarily or
permanently enjoining such Member from such breach or threatened breach.

                  (b) Each Member agrees that if the length of time or the
geographical areas as to which the restriction referenced in this Section 11.1
applies is deemed to be too restrictive in any judicial proceeding, the court
having jurisdiction of such matter may reduce the restrictions to those which it
deems reasonable under the circumstances, and the covenant set forth in this
Section 11.1, with the foregoing restrictions reduced in accordance with such
determination by the court, shall remain in full force and effect.

         11.2 EXCLUSIVE RIGHTS, RIGHT OF FIRST OFFER.

                  (a) During the term of this Agreement, BEA, its Affiliates or
any entity in which they are a stockholder, partner, member or have any
interest, directly or indirectly, shall not, within fifty (50) miles of any of
the Truck Stop Facilities set forth in Exhibit D to this Agreement, construct
any facility producing biodiesel fuel or other similar alternate fuel at any
truck stop facility, Terminal or home heating depot.

                  (b) During the term of this Agreement, BEA, its Affiliates or
any entity in which it is a stockholder, partner, member or has any interest,
directly or indirectly, shall not construct any facility for the purpose of
producing biodiesel fuel or similar alternate fuel without first offering Able,
preconstruction, the right to commit for the term of this Agreement to purchase
fifty percent (50%) of the capacity of such facility. Such purchase shall be on
the price and payment terms set forth in Section 6.2 of this Agreement. If Able
desires to make such commitment it shall do so within thirty days of having
received notice as provided in Section 14.1. If Able makes such commitment, then
it shall also have the right, on a weekly basis, to purchase the remaining fifty
percent (50%) of the facility's capacity on the same terms as set

                                      -19-
<PAGE>

forth in Section 6.2 of this Agreement. BEA may sell all capacity in a facility
in which Able declines to commit to purchase fifty percent (50%) or any
remaining capacity in a facility in which Able commits to the initial fifty
percent (50%), to any party, without limitation; provided however that the sales
price shall not be less than the price Able sells such products to its dealers
and/or jobbers.

                  (c) During the term of this Agreement, neither Able nor any
entity in which Able or an Affiliate of Able is a stockholder, partner member or
has any interest, direct or indirectly, shall construct or operate any facility
for the purpose of producing biodiesel fuel or other similar alternate fuel
except pursuant to the terms of this Agreement. If Able becomes aware of an
opportunity to construct or operate a facility it shall give BEA notice of same
and grant to BEA the right to build, finance and own such facility. In the event
that BEA does not exercise such right, the Company shall have the right to build
and own such facility and the terms and conditions set forth in paragraph (b) of
this Section shall apply to the production from that facility. BEA shall have
thirty (30) days from the date of such notice, as determined in accordance with
Section 14.1, to accept that offer.

         11.3 CONFIDENTIALITY. During the term of this Agreement, and
thereafter, the parties agree that all confidential information concerning the
business of the Company (including subsidiaries), its technology, know-how,
scientific and trade secrets, operations, finances, customers, and all other
confidential, secret or "inside" information will be kept in confidence and they
will not disclose or divulge such information to any person without the written
consent of the Managers, except to the extent that such person is entitled to
same for the furtherance of the purposes and best interests of the Company. Each
Member understands and acknowledges that the Company may not have an adequate
remedy at law for the breach or threatened breach of his covenants set forth in
this Section 11.2 and agrees that the Company may, in the case of such breach or
threatened breach, sue to enjoin the Member from such breach or threatened
breach, and agrees that the court having jurisdiction over such proceedings may
enter an order temporarily or permanently enjoining the Member from such breach
or threatened breach.

         11.4. CUMULATIVE RIGHTS. The Company's right to injunctive relief for
violations of Article 11 shall be cumulative and in addition to, and not in
limitation of, any other rights and remedies which it may possess, including,
without limitation, the right to terminate salary as of the date of the breach
and withhold the payment of any other sums due to the Member from the Company,
until the dispute has been resolved.

         11.5. REPRESENTATION. Each Member represents and warrants to the other
parties to this Agreement that his, it's or her execution and performance of
this Agreement will not result in any violation or breach or be in conflict with
or constitute a default under any agreement, instrument, decree, judgment, or
order applicable to it, him or her, as the case may be. Each Member represents
that it, he or she is thoroughly familiar with the proposed business and the
finances of the Company and that they have made such inquiries relating thereto
and received all documents and information as they have deemed appropriate or
necessary.

                                      -20-
<PAGE>

                                   ARTICLE XII
                         SEPARATENESS/OPERATIONS MATTERS

         12.1 SEPARATENESS. The Company shall at all times observe the
applicable legal requirements for the recognition of the Company as a legal
entity separate from any Members or Affiliates of same, including, without
limitation, as follows:

                           (a) The Company shall maintain its principal
executive office and telephone and facsimile numbers
separate from that of any Affiliate of same and shall conspicuously identify
such office and numbers as its own or shall allocate by written agreement fairly
and reasonably any rent, overhead and expenses for shared office space.
Additionally, the Company shall use its own separate stationery, invoices and
checks which reflect its separate address, telephone number and facsimile
number.

                           (b) The Company shall maintain correct and complete
financial statements, accounts, books and records
and other entity documents separate from those of any Affiliate of same or any
other person or entity. The Company shall prepare unaudited quarterly and annual
financial statements, and the Company's financial statements shall substantially
comply with generally accepted accounting principles.

                           (c) The Company shall maintain its own separate bank
accounts, payroll and correct, complete and
separate books of account.

                           (d) The Company shall file or cause to be filed its
own separate tax returns.

                           (e) The Company shall hold itself out to the public
(including any of its Affiliates' creditors) under
the Company's own name and as a separate and distinct entity and not as a
department, division or otherwise of any Affiliate of same.

                           (f) The Company shall observe all customary
formalities regarding the existence of the Company,
including holding meetings and maintaining current and accurate minute books
separate from those of any Affiliate of same.

                           (g) The Company shall hold title to its assets in its
own name and act solely in its own name and
through its own duly authorized officers and agents.

                           (h) Investments shall be made in the name of the
Company directly by the Company or on its behalf by
brokers engaged and paid by the Company or its agents.

                           (i) Except as approved by the unanimous consent of
the Members in writing, the Company shall not
guarantee, pledge or assume or hold itself out or permit itself to be held out
as having guaranteed, pledged or assumed any liabilities or obligations of any
Member or any Affiliate of the Company, nor shall it make any loan, except as
permitted in the loan agreement with the Lender.

                           (j) The Company is and will be solvent.

                                      -21-
<PAGE>

                           (k) Assets of the Company shall be separately
identified, maintained and segregated. The Company's
assets shall at all times be held by or on behalf of the Company and if held on
behalf of the Company by another entity, shall at all times be kept identifiable
(in accordance with customary usages) as assets owned by the Company. This
restriction requires, among other things, that (i) Company funds shall be
deposited or invested in the Company's name, (ii) Company funds shall not be
commingled with the funds of any Affiliate of same or other person or entity,
(iii) the Company shall maintain all accounts in its own name and with its own
tax identification number, separate from those of any Affiliate of same or other
person or entity, and (iv) Company funds shall be used only for the business of
the Company.

                           (l) The Company shall maintain its assets in such a
manner that it is not costly or difficult to
segregate, ascertain or identify its individual assets from those of any
Affiliate of same or other person or entity.

                           (m) The Company shall pay or cause to be paid its own
liabilities and expenses of any kind, including but not limited to salaries of
its employees, only out of its own separate funds and assets.

                           (n) The Company shall at all times be adequately
capitalized to engage in the business it conducts.

                           (o) The Company shall not do any act which would make
it impossible to carry on its business.

                           (p) All data and records (including computer records)
used by the Company or any Affiliate of same in the collection and
administration of any loan shall reflect the Company's ownership interest
therein.

                           (q) None of the Company's funds shall be invested in
securities issued by, nor shall the Company
acquire the indebtedness or obligation of, any Affiliate of same.

                           (r) The Company shall maintain an arm's length
relationship with each of its Affiliates and may enter
into contracts or transact business with its Affiliates only on commercially
reasonable terms that are no less favorable to the Company than is obtainable in
the market from a person or entity that is not an Affiliate of same.

                           (s) The Company shall correct any misunderstanding
that is known by the Company regarding its name or
separate identity.

         12.2 All funds of the Company shall be deposited in such checking
accounts, savings accounts, time deposits, or certificates of deposit in the
Company's name or shall be invested in the Company's name, in such manner as
shall be designated by the Managers from time to time. Company funds shall not
be commingled with those of any other person or entity. Company funds shall be
used by the Managers only for the business of the Company.

         12.3 Except as approved by the unanimous consent of the Members in
writing, the Company shall have no indebtedness or incur any liability other
than (a) unsecured debts and liabilities for trade payables and accrued expenses
incurred in the ordinary course of its business.

                                      -22-
<PAGE>

                                  ARTICLE XIII
                         REPRESENTATIONS AND WARRANTIES

         13.1 BEA represent and warrants to Able as follows:

                  (a) ORGANIZATION, POWERS AND STANDING. BEA is duly organized,
validly existing and in good standing under the laws of the State of its
incorporation and has all the requisite power and authority to enter into this
Agreement and to consummate the transactions contemplated hereby.

                  (b) AUTHORIZATION OF AGREEMENT. BEA has all requisite power,
authority and legal capacity to execute and deliver this Agreement, and each
other agreement, document, or instrument or certificate contemplated by this
Agreement or to be executed by it in connection with the consummation of the
transactions contemplated by this Agreement and to consummate the transactions
contemplated hereby and thereby. This Agreement when so executed and delivered
will constitute, legal, valid and binding obligations of BEA enforceable against
BEA.

                  (c) CONFLICTS; CONSENTS OF THIRD PARTIES. Neither the
execution, delivery or performance by BEA of this Agreement, the consummation of
the transactions contemplated hereby or thereby, or compliance by BEA with any
of the provisions hereof or thereof will (i) conflict with, violate, result in
the breach or termination of, or constitute a default under any note, bond,
mortgage, indenture, agreement or other instrument or obligation to which BEA is
a party or by which it is bound; (ii) violate any statute, rule, regulation,
order or decree of any governmental body or authority by which BEA is bound; or
(iii) result in the creation of any lien, charge or encumbrance upon any of the
assets of BEA.

                  No consent, waiver, approval, order, permit or authorization
of, or declaration or filing with, or notification to, any person or
governmental body is required on the part of BEA in connection with the
execution and delivery of this Agreement or the compliance by BEA with any of
the provisions hereof.

                  (d) LITIGATION. Except as disclosed in writing, to the
knowledge of BEA, there is no litigation or other proceeding pending or
threatened against BEA which, if adversely determined would materially affect
BEA's ability to carry out its obligations under this Agreement, and to the
knowledge of BEA, there is no lawsuit pending against BEA alleging fraud and
there is no criminal investigation or indictment pending against BEA or any of
its affiliates.

                  (e) ENVIRONMENTAL MATTERS. (i) BEA has not received any
notice, report or information from any governmental agency of any liability or
investigatory inquiry arising under environmental or safety requirements with
respect to its production process of biodiesel fuel;(ii) BEA has obtained, and
is in compliance with all terms and conditions of, all permits, licenses and
other authorizations required pursuant to environmental and safety requirements
with respect to its production process of biodiesel fuel; and, (iii) BEA is not
aware of any facts, events or conditions relating to its production process of
biodiesel fuel which would prevent, hinder or limit BEA's continued compliance
with environmental and safety requirements with respect to such process.

                                      -23-
<PAGE>

                  (f) COMPLIANCE WITH LEGAL REQUIREMENTS; GOVERNMENTAL
AUTHORIZATIONS. (i) BEA is in full compliance with each legal requirement that
is applicable to it or to the conduct or operation of its business or the
ownership or use of any of its assets, the violation of which would have a
material adverse effect on BEA; (ii) BEA has not received any written notice or
other communication from any governmental body or any other person regarding any
material, actual, alleged, possible, or potential violation of, or failure to
comply with, any legal requirement which would have a material adverse effect on
BEA; (iii) BEA has all governmental authorizations or permits necessary to use
its process for the production of biodiesel fuel at the Plants; (iv) BEA has not
received any notice or other communication (whether oral or written) from any
governmental body or any other person regarding (A) any material actual,
alleged, possible, or potential violation of or failure to comply with any term
or requirement of any of BEA's governmental authorizations or permits, or (B)
any actual, proposed, possible, or potential revocation, withdrawal, suspension,
cancellation, termination of, or modification to any of BEA's governmental
authorizations or permits; and (v) all applications required to have been filed
for the renewal of BEA's governmental authorizations or permits have been duly
filed on a timely basis with the appropriate governmental bodies, and all other
filings required to have been made with respect to such governmental
authorizations or permits have been duly made on a timely basis with the
appropriate governmental bodies.

                  (g) TECHNOLOGY. BEA has the right to use all designs,
engineering plans and related technology necessary to its production process of
biodiesel fuel that will be employed at the Plants located at the Truck Stop
Facilities. The use of such process does not violate any other party's right to
such designs, plans or technology, does not require any payment to any other
party, and will not give rise to any adverse claims, liens, charges or
encumbrances.

                  (h) CUSTOMERS, VENDORS AND SUPPLIERS. There is no actual or,
to the knowledge of BEA, threatened termination, cancellation, limitation or any
modification or change in business relationship of BEA with any vendor or
supplier of equipment or material necessary to BEA's production of biodiesel
fuel at the Plants to be located at the Truck Stop Facilities which would have a
material adverse impact on BEA's ability to construct such Plants or for such
Plants to produce biodiesel fuel in the amounts anticipated to be produced.
Within the six-month period prior to the date hereof, BEA has not received any
notice from any vendor or supplier of an item material to the construction of
the Plants or production of biodiesel fuel at such Plants that such vendor or
supplier will not continue to make deliveries on the same price, quality and
delivery terms and conditions consistent with past practices of such vendor or
supplier.

                  (i) BIODIESEL FUEL STANDARDS. The biodiesel fuel produced at
the Plants using BEA's production process will comply with all governmental
standards, including ASTMD6571 and will work in any diesel engine without any
modifications to the engine or fuel tank system.

                  (j) ACCURACY OF REPRESENTATIONS AND WARRANTIES. The
representations and warranties of BEA in this Agreement contain no untrue
statement of a material fact and do no omit or misstate a material fact
necessary in order to make the statement contained therein not misleading in
light of the circumstances in which they are made.

         13.2 Able represent and warrants to BEA as follows:

                                      -24-
<PAGE>

                  (a) ORGANIZATION, POWERS AND STANDING. Able is duly organized,
validly existing and in good standing under the laws of the State of its
incorporation and has all the requisite power and authority to enter into this
Agreement and to consummate the transactions contemplated hereby.

                  (b) AUTHORIZATION OF AGREEMENT. Able has all requisite power,
authority and legal capacity to execute and deliver this Agreement, and each
other agreement, document, or instrument or certificate contemplated by this
Agreement or to be executed by it in connection with the consummation of the
transactions contemplated by this Agreement and to consummate the transactions
contemplated hereby and thereby. This Agreement when so executed and delivered
will constitute, legal, valid and binding obligations of Able enforceable
against Able.

                  (c) CONFLICTS; CONSENTS OF THIRD PARTIES. Neither the
execution, delivery or performance by Able of this Agreement, the consummation
of the transactions contemplated hereby or thereby, or compliance by Able with
any of the provisions hereof or thereof will (i) conflict with, violate, result
in the breach or termination of, or constitute a default under any note, bond,
mortgage, indenture, agreement or other instrument or obligation to which Able
is a party or by which it is bound; (ii) violate any statute, rule, regulation,
order or decree of any governmental body or authority by which Able is bound; or
(iii) result in the creation of any lien, charge or encumbrance upon any of the
assets of Able.

                  No consent, waiver, approval, order, permit or authorization
of, or declaration or filing with, or notification to, any person or
governmental body is required on the part of Able in connection with the
execution and delivery of this Agreement or the compliance by Able with any of
the provisions hereof.

                  (d) LITIGATION. Except as disclosed in writing, to the
knowledge of Able, there is no litigation or other proceeding pending or
threatened against Able which, if adversely determined would materially affect
Able's ability to carry out its obligations under this Agreement, and to the
knowledge of Able, there is no lawsuit pending against Able alleging fraud and
there is no criminal investigation or indictment pending against Able or any of
its affiliates.

                  (e) ACCURACY OF REPRESENTATIONS AND WARRANTIES. The
representations and warranties of Able in this Agreement contain no untrue
statement of a material fact and do no omit or misstate a material fact
necessary in order to make the statement contained therein not (a)

                                  ARTICLE XIII
                               GENERAL PROVISIONS

         14.1 NOTICES. Any notice, demand or other communications required to be
given pursuant to this Agreement (each, a "Notice") shall be in writing and
shall be deemed given: (i) upon delivery, if by hand; (ii) after one (1)
business day from being sent by reputable overnight express courier service;
(iii) six (6) business days from postmark, after being mailed, if sent by
registered or certified mail, postage prepaid, return receipt requested; or (iv)
upon transmission, if sent by facsimile, except that if notice is received by
facsimile after 5:00 p.m. on a business

                                      -25-
<PAGE>

day at the place of receipt, it shall be effective as of the following business
day. All Notices hereunder, if directed to the Members, shall be give at the
address provided by each such Member on Exhibit C, and if to the Company, shall
be given at the address set forth in Section 2.3 above or, in each instance, at
such other address (or to such other individual's attention), or to such other
telefax number, as shall be specified by like Notice.

         14.2 ENTIRE UNDERSTANDING. This Agreement including the exhibits,
contain the entire agreement among the Members with respect to the subject
matter herein, and supersedes all prior written agreements, each course of
conduct previously pursued or acquiesced in, and each oral agreement and
representation previously made by the Members with respect thereto, whether or
not relied or acted upon. No course of conduct subsequently pursued or
acquiesced in, and no oral agreement or representation subsequently made, by the
Members, whether or not relied or acted upon, and no usage of trade, whether or
not relied or acted upon, shall amend this Agreement or impair or otherwise
affect any Member's obligations pursuant to this Agreement or any rights and
remedies of a Member pursuant to this Agreement. No amendment to this Agreement
shall be effective unless made in a writing duly executed by all Members and
specifically referring to each provision of this Agreement being amended.

         14.3 CONSTRUCTION. Whenever the singular number is used in this
Agreement and when required by the context, the same shall include the plural
and vice versa, and the masculine gender shall include the feminine and neuter
genders and vice versa.

         14.4 HEADINGS. The headings in this Agreement are for convenience only
and shall not be used to interpret or construe any provision of this Agreement.

         14.5 SEVERABILITY. It is the desire and intent of the parties hereto
that the provisions of this Agreement shall be enforced to the fullest extent
permissible under the laws and public policies applied in each jurisdiction in
which enforcement is sought. Accordingly, to the extent that a restriction
contained in this Agreement is more restrictive than permitted by the laws of
any jurisdiction where this Agreement may be subject to review and
interpretation, the terms of such restriction, for the purpose only of the
operation of such restriction in such jurisdiction, shall be the maximum
restriction allowed by the laws of such jurisdiction and such restriction shall
be deemed to have been revised accordingly herein. If, notwithstanding the
foregoing, any provision of this Agreement or the application thereof is held to
be wholly invalid, such invalidity shall not affect any other provisions or
application of this Agreement that can be given effect without the invalid
provisions or application, and to this end the provisions of this Agreement are
hereby declared to be severable.

         14.6 WAIVER. No consent or waiver, express or implied, by any Member to
or of any breach or default by any other Member in the performance by such other
Member of its obligations hereunder shall be effective unless in writing
executed by the Member charged with giving such consent or waiver. No such
consent or waiver shall be deemed or construed to be a consent to or waiver of
any other breach or default in the performance by such other Member of the same
or any other obligation of such other Member hereunder.

         14.7 DISPUTE RESOLUTION. In the event a dispute arises between the
Managers or Members such dispute shall be resolved pursuant to this Section to
the exclusion of a Manager's

                                      -26-
<PAGE>

or Member's right to seek judicial relief, except in the event a Manager or
Member is seeking injunctive relief from a court of competent jurisdiction.

                  (a) The Managers or Members shall attempt in good faith to
resolve such dispute promptly by negotiations.

                  (b) In the event a dispute can not be resolved through
negotiation in thirty (30) days, any Manager or Member may demand mediation by
notifying J.A.M.S./Enddispute in writing with copies to the other Managers and
Members (hereinafter the Managers or Members involved in the dispute are
referred to as the "Party" or "Parties"). The notification will state with
specificity the nature of the dispute.

                  (c) Upon receipt of the mediation demand, J.A.M.S./Enddispute
will immediately convene a pre-mediation telephone conference of the Parties.
The Parties will make a representative available for such a conference within
two (2) business days of being contacted by J.A.M.S./Enddispute.

                  (d) During the pre-mediation telephone conference, the Parties
will agree on mediation procedures or, in the event they cannot agree,
J.A.M.S./Enddispute will set the mediation procedures.

                  (e) The mediation procedures will provide for the mediation to
be completed within thirty (30) business days of the initial demand for
mediation. The Parties will participate in good faith in the mediation, and will
make best efforts to reach a resolution within the thirty (30) day time period.
In particular, each Party will make available in a timely fashion a
representative with authority to resolve the dispute.

                  (f) In the event that the dispute has not been resolved within
thirty (30) business days after the mediation, the mediation may continue if the
Parties unanimously so desire. However, any Party may also then demand
arbitration under paragraph (h) below seeking enforcement founded on this
Agreement.

                  (g) In the event that the mediation continues beyond the
thirty (30) day period, but is not resolved within what J.A.M.S./Enddispute
believes is a reasonable time thereafter, J.A.M.S./Enddsipute will so notify the
Parties, and declare the mediation terminated.

(h) At any time thirty (30) business days after the mediation demand, but within
the time limits of paragraph (f) above, any Party may demand binding arbitration
seeking enforcement or otherwise resolve disputes founded on this Agreement or
the relationship of the Parties.

                  (i) The arbitration shall be subject to the provisions of
N.J.S.A. 2A:24-1 ET. SEQ. and conducted according To J.A.M.S./Enddispute
Arbitration Rules then in effect as to this Agreement. The date of mailing of
any offer, demand, notice, or instrument shall be deemed the mailing date and
shall be effective two days after that date.

                                      -27-
<PAGE>

         14.8 COUNTERPARTS. This Agreement may be executed in any number of
counterparts, each of which shall, when executed, be deemed to be an original
and all of which together shall be deemed to be one and the same instrument.

         14.9 EXECUTION. Execution of this Agreement may be by original
signature of the party to be bound, or by facsimile transmission of the original
signature of the party to be bound.

         14.10 BINDING. This Agreement shall be binding upon and inure to the
benefit of all Members, and each of the successors and assignees of the Members,
except that no right or obligation of a Member under this Agreement may be
assigned by such Member to another Person without first obtaining the written
consent of all other Members.

         14.11 NO RELIANCE BY THIRD PARTIES. The provisions of this Agreement
are not for the benefit of any creditor or other Person other than a Member to
whom any losses, debts, claims, expenses or encumbrances are owed by, or who
otherwise has any claim against, the Company or any Member.

         14.12 GOVERNING LAW. This Agreement shall be construed and interpreted
in accordance with the internal laws of the State of New Jersey applicable to
agreements made and to be wholly performed therein, without reference to its
principles of conflict of laws.

         14.13 PROHIBITION AGAINST PARTITION. Each Member hereby permanently
waives and relinquishes any and all rights it may have to cause all or any part
of the Company's property to be partitioned, it being the intention of the
Members to prohibit any Member from bringing a suit for partition against the
other Members.

         14.14 INVESTMENT REPRESENTATIONS. In addition to the restrictions on
transfer set forth above, each Member understands that the Members must bear the
economic risk of this investment in the Company for an indefinite period of time
because the Membership Interests are not registered under the Securities Act of
1933, as amended (the "1933 Act") or the securities laws of any state or other
jurisdiction.

                  (a) Each Member has been advised that there is no public
market for the Membership Interests and that the Membership Interests are not
being registered under the 1933 Act upon the basis that the transactions
involving their sale are exempt from such registration requirements, and that
reliance by the Company on such exemption is predicated in part on the Member's
representations set forth in this Agreement. Each Member acknowledges that no
representations of any kind concerning the future intent or ability to offer or
sell the Membership Interests in a public offering or otherwise have been made
to the Member by the Company or any other person or entity. The Member
understands that the Company makes no covenant, representation or warranty with
respect to the registration of securities under the 1933 Act, as amended, or its
dissemination to the public of any current financial or other information
concerning the Company. Accordingly, the Member acknowledges that there is no
assurance that there will ever by any public market for the Membership
Interests, and that the Member may not be able to publicly offer or sell any
thereof.

                  (b) Each Member represents and warrants that the Member is
able to bear the economic risk of losing Member's entire investment in the
Company, which investment is not

                                      -28-
<PAGE>

disproportionate to Member's net worth, and that the Member has adequate means
of providing for Member's current needs and personal contingencies without
regard to the investment in the Company.

                  (c) The Member acknowledges that an investment in the Company
involves a high degree of risk. The Member acknowledges that Member and Member's
advisors have had an opportunity to ask questions of and to receive answers from
the officers of the Company and to obtain additional information in writing to
the extent that the Company possesses such information or could acquire it
without unreasonable effort or expense: (i) relative to the Company and the
Membership Interests; and (ii) necessary to verify the accuracy of any
information, documents, books and records furnished. Each Member represents,
warrants and covenants to the Company that the Member is a resident of the state
shown on such Member's respective counterpart signature page and will be the
sole party in interest as to the Membership Interests acquired hereunder and is
acquiring the Membership Interests for the Member's own account, for investment
only, and not with a view toward the resale or distribution thereof.

                  (d) Each Member consents to the placement of legends on any
certificates or documents representing any of the Membership Interests stating
that the Membership Interests have not been registered under the 1933 Act or any
applicable state securities laws and setting forth or referring to the
restrictions on transferability and sale thereof. Each Member is aware that the
Company will make a notation in its appropriate records with respect to the
restrictions on the transferability of the Membership Interests.

                  (e) Each Member represents that the Member has consulted with
the Member's attorneys, financial advisors and other regarding all financial,
securities and tax aspects of the proposed investment in the Company and that
such advisors have reviewed this Agreement and all documents relating to this
Agreement on Member's behalf. Member and the Member's advisors have sufficient
knowledge and experience in business and financial matters to evaluate the
Company, to evaluate the risks and merits of an investment in the Company, to
make an informed investment decision with respect to investment in the Company,
and to protect the investors' interest in connection with the investor's
acquisition of Membership Interests in the Company without the need for
additional informed which would be required to be included in a complete
registration statement effective under the 1933 Act.

         IN WITNESS WHEREOF, each of the parties hereto has caused this
Agreement to be executed and delivered as of the date first above written.

                                                 BioEnergy of America, Inc.

                                         By: /s/ Michael Martin
                                            ------------------------------------
                                                 Michael Martin
                                                 Chief Executive Officer

                                                 Able Energy, Inc.

                                         By: /s/ Gregory D. Frost
                                            ------------------------------------
                                                 Gregory D. Frost
                                                 Chief Executive Officer

                                      -29-Employment Agreement

 Exhibit 10.10 
 EMPLOYMENT AGREEMENT 
 This EMPLOYMENT AGREEMENT (hereinafter “Agreement”) is dated
as of the 10th day of August, 2006, by and between BRANDED MEDIA CORPORATION (the “Company”) and Gary D. Kucher (the “Executive”). 
 NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties, intending to be bound legally by the Employment Agreement as follows: 
  

	1.	Employment. 

 (a) The Company agrees
to employ Executive as Chief Executive Officer (“CEO”) for the period commencing on August 10, 2006, through December 31, 2009 (the “Primary Term”), unless Executive’s employment under this Agreement is terminated
or extended pursuant to Paragraphs 10, 11 or 12 of this Agreement. 
 (b) Duties. During the Term, Executive shall
serve as the Chief Executive Officer of the Corporation and shall report to the Chairman of the Board of Directors of the Corporation. If requested by the Chairman of the Board of Directors of the Corporation, Executive shall also serve, without
additional compensation, as an officer or director of any subsidiary, affiliate or joint venture of the Corporation. Executive shall perform such duties and services as are incidental to the positions he holds or as he may, from time to time, be
requested to hold by the Chairman of the Board of Directors of the Corporation. The Executive will devote his time, attention, skill, and energy to the business of the Corporation, and will use his best efforts to promote the success of the
Corporation’s business, and will cooperate fully in the advancement of the best interests of the Corporation. Nothing in this Agreement, however, will prevent the Executive from engaging in additional activities in connection with personal
investments and community affairs that are not inconsistent with the Executive’s duties under this Agreement. 
 (c)
Executive’s Primary Office. Executive’s primary office location shall be in New York, NY, or any of the Company’s other offices. Executive shall also be authorized to work from a Company-supported office at Executive’s
California or other residence. 
  

 1 

	2.	Compensation. 

 (a) Base
Salary. Executive shall be paid a base salary during Executive’s employment under this Agreement, on the same payroll cycle as senior executives and officers of the Company, as follows: 
  

	 	(i)	from August 2006 through December 31,2006, at an monthly rate of Fifteen Thousand Dollars ($15,000); and 

  

	 	(ii)	from and after January 1, 2007, at an annual rate of Three Hundred Fifty Thousand Dollars ($350,000), subject to annual increases consistent with Company policy applicable to
other senior executives and officers and approval by the Board of Directors. Said increases shall not be less than the Consumer Price Index (CPI) applied to the base and subsequent annual rates. As part of Executive’s compensation, Executive
shall be eligible for annual bonus compensation (“bonus”) of twenty-five percent (25%) of Executive’s then existing base salary, for the first year of employment, and for each subsequent year of employment as more fully described
in Paragraph 2(b). Finally, Executive shall be granted stock and stock options as more fully described in Paragraph 3. 

 (b) Bonus Compensation Criteria. In addition to the Base Salary provided for above, Company shall pay to Executive as a bonus twenty-five percent (25%) of Executive’s annual Base Salary if during any year that executive is
employed, any of the following occurs: 
  

	 	i.	The Company posts annual gross revenues on a consolidated basis of at least $5,000,000; 

  

	 	ii.	The Company’s EBITA, including cash extraordinary items but before officer’s bonuses, on a consolidated basis for any year is at least $1,000,000; or

  

	 	iii.	The completion of annual funding, including equity and debt, of at least $5,000,000. 

 Executive shall be eligible for the bonus for each year he is employed under this Agreement, including extensions, or renewals beyond the
Primary Term. The bonus calculation shall be made no later than December 31, 2006, and each December 31 for each subsequent year. The bonus payments shall be paid in a lump sum on January 5, 2007, and each January 5 thereafter,
unless otherwise agreed to in writing by the parties. The criteria set forth in this paragraph will be used for determining bonus eligibility each year Executive is employed by the Company. 
  

	3.	Equity Participation. 

  

 2 

 (a) Stock Option Grant. Upon execution of this Agreement Executive shall receive
Stock Options equal to five (5%) of the Company’s then outstanding shares, computed on a fully diluted basis (“Initial Stock Option Grant”). 
 (b) Additional Stock Options. The Company shall issue Stock Options to Executive on the anniversary of the execution of this
Agreement in July 2007, 2008 and 2009 provided Executive continues to be employed by the Company at that time. On each of the referenced dates the Company shall grant to Executive an option to purchase shares equal to two and one-half percent (2 and
 1/2 %) of the Company on a fully diluted basis (“Subsequent Stock Option Grants”). Executive may
exercise the options any time after the date of the grant, and no later than eight years after the date of the applicable grant. Any option not exercised within eight years from the date of the applicable grant shall automatically lapse.

 (c) Stock Option Price. The price for stock options provided for in Paragraph 3 (b) shall be the
following: 
  

	 	i.	Either twenty five cents ($0.25) per share or the closing bid price per share on the day prior to the execution of this Agreement for the Initial Stock Option Grant to be determined
by the Executive. 

  

	 	ii.	The closing bid price per share on the anniversary of the day of execution of this agreement of each year for the Subsequent Stock Option Grants. 

 (The closing price of the Company’s common stock on the day prior to execution of this Agreement was: $0.15 ) 
 (d) Cashless Exercise. The Terms and description of Stock Options issued to Executive under this Agreement shall contain additional
provisions that allow for cashless exercise. 
  

	4.	Benefits. 

 Executive shall be eligible to
participate in any benefit plan made generally available to senior executives and officers of the Company, which may be in effect at any time or from time to time during the Executive’s employment under this Agreement, subject to the amendment
or termination of any such plan or benefit. Notwithstanding the preceding, the Company agrees to have in place on the 1st day of the month following the initial month of Executive’s employment, a hospitalization plan, medical and dental service plan and disability plan. The Company’s hospitalization plan and medical and dental service
plan shall also provide hospitalization, dental and medical coverage for the Executive’s dependents, including his spouse and eligible dependents. Prior to such time as the Executive becomes eligible for coverage under the Company’s group
health insurance plan, the Company shall make the payments necessary to permit the Executive to continue group health insurance coverage for the Executive and his eligible dependents under his existing coverage and to continue his current disability
policy until coverage under the Company’s disability policy begins. Medical expenses not covered by insurance shall be paid by the Company. 
  

 3 

 Executive, at his option, may decline to participate in the Company’s medical, dental and disability
plans. In lieu thereof, the Company will pay Executive $1,200.00 per month as a benefit reimbursement. 
 Executive shall be eligible to
participate in the Company’s pension and profit sharing plan on the same basis as other senior executives and officers. 
  

	5.	Business Expense Reimbursement. 

 (a) Upon
presentation of receipts by Executive, the Company shall, within five (5) business days, reimburse Executive for all reasonable travel, entertainment and other similar business expenses incurred by him in the performance of his duties
hereunder. The Company will reimburse Executive for all reasonable expenses incurred by Executive in equipping, maintaining and operating a phone, fax, high speed internet access and computer for the equivalent of an at-home office in a location
designated by Executive. 
 (b) For a one time non accountable expense reimbursement in the amount of $25,000 payable by the Company upon
execution of this Agreement, Executive shall release the Company from the any obligation for non paid reimbursements due Executive incurred by him in the performance of his duties as a Director of the Company in 2006 up to and including the date of
the execution of this Agreement. 
  

	6.	Company Credit Card. 

 The Company shall provide
Executive with a Company credit card with a minimum credit limit of Ten Thousand Dollars ($10,000.00) for business related expenses. 
  

	7.	Automobile Allowance. 

 During the employment, the
Company shall pay Executive $1,500.000 per month as an automobile allowance. In the alternative, and if acceptable to Executive, the Company shall furnish to Executive an automobile owned or leased by the Company. The terms and conditions of
Executive’s use of such automobile and the extent to which the Company shall defray the costs of its operation shall be the same as those pertaining to automobiles presently being furnished other senior executives and officers of the Company.

  

	8.	Travel Expenses. 

 The Company shall reimburse
Executive for all travel expenses incurred in commuting from Executive’s residence to any Company or customer facility. Additionally, the Company shall provide Executive with housing accommodations during Executive’s travel to New York,
NY. At Executive’s election, such accommodations shall consist of either an apartment or suitable hotel room in New York. 
  

 4 

	9.	Vacation. 

 Executive shall be entitled to
reasonable vacations as may be consistent with the generally applicable vacation policies of the Company for senior executives and officers, but in no event less than four (4) weeks of paid vacation per year. 
  

	10.	Termination of Employment. 

 (a)
By Company. Notwithstanding Section 1(a) of this Agreement, the Executive’s employment hereunder may be terminated by the Company, prior to the expiration of the Term of this Agreement, as follows: 
  

	 	i.	Automatically, upon the death of the Executive. 

  

	 	ii.	On the date on which the Company notifies the Executive of the termination of his employment for Cause. For purposes of this Agreement “Cause” shall mean:

  

	 	(1)	Habitual neglect or insubordination (defined as a refusal to execute or carry out lawful and prudent directions from the Board) where Executive has been given written notice of the
acts or omissions constituting such neglect or insubordination and Executive has failed to cure such conduct, within thirty (30) days following notice; 

  

	 	(2)	Conviction of any felony; or 

  

	 	(3)	Participation in any fraud against the Company. 

  

	 	iii.	At the Company’s discretion without Cause. 

 (b) By Executive. Notwithstanding Section 1(a) of this Agreement, Executive may terminate the employment relationship prior to the expiration of the Term of this Agreement, as follows: 
  

	 	i.	By first giving the Company three (3) months’ advance notice of his intention to terminate his employment; or 

  

	 	ii.	In the event of a material breach of the Agreement or the employment relationship by the Company, Executive may terminate the Agreement without advance notice.

  

	11.	Consequences of Termination. 

  

 5 

 (a) Following the termination of Executive’s employment pursuant to Paragraph 10(a)
ii., above, the Company shall have no further obligation to the Executive, except the Company shall be obligated to the Executive for any benefits under the Bonus Compensation and/or Equity Participation for which the Executive is eligible pursuant
to Paragraphs 2 and 3 above. 
 (b) In the event Executive’s employment is terminated due to his death, the Company
shall pay to Executive’s legal representatives, wife or named beneficiaries (as Executive may designate from time to time in a notice to the Company) the Executive’s base salary for the remainder of the calendar year in which his death
occurs but in no event less than six (6) months of the then-current base salary plus any benefits under the Bonus Compensation and/or Equity Participation for which the Executive is eligible pursuant to Paragraphs 2 and 3 above. 
 (c) If Executive is terminated without cause, the Company shall be obligated to pay Executive a lump sum severance amount equal to
Executive’s base salary for twelve (12) months. In addition, upon termination of Executive’s employment without cause, there shall be an immediate grant of the following year’s options. 
 (d) If Executive gives notice of termination of this Agreement under Section 10(b)i. or if it becomes known that this Agreement will
otherwise terminate in accordance with its provisions, Company may, in its sole discretion and subject to its other obligations under this Agreement, relieve Executive of his duties under this Agreement and assign Executive other reasonable duties
and responsibilities to be performed until the termination becomes effective. The Company shall be required to pay Executive all compensation and benefits due under this Agreement including bonuses and incentives through the date of termination.

 (e) In the event of any material breach of this Agreement on the part of Company, Executive, at his sole option, may
terminate his employment under this Agreement and, shall be entitled to receive as liquidated damages, twelve (12) months base salary payable within 15 days of serving notice of separation of employment. 
 The liquidated damages so received by Executive shall not be limited or reduced by amounts that Executive might otherwise earn or be able to earn during
the period between termination of his employment under this Agreement and payment of those liquidated damages. The provisions of this Section 11(e) shall be in addition to any and all rights Executive may have in equity or at law to require
Employer to comply with or to prevent the breach of this Agreement. 
 (f) In addition to the liquidated damages, Executive
shall be eligible to receive benefits due to him under the Bonus Compensation and/or Equity Participation for which Executive is eligible pursuant to Paragraphs 2 (b) and 3 above. 
  

 6 

 (g) The Company shall also maintain its contributions on behalf of Executive to the
medical, dental, disability and other insurance coverage’s for a maximum of eighteen (18) months. 
 (h) For any
employment separation, voluntary or involuntary, the Company shall reimburse the Executive for all reasonable expenses Executive incurred in connection with his employment and supported by receipts submitted to the company within thirty
(30) days of the date of separation. 
  

	12.	Expiration and Renewal. 

 Unless notice of
termination is provided in accordance with Paragraphs 10(a)iii. or 10(b) i., this Agreement shall continue from year to year upon expiration of the Primary Term. Nothing shall preclude the parties from extending the Agreement for a longer period
provided that it is acknowledged by written document signed by both parties. 
  

	13.	Assignment of Rights. 

 The Company may assign all
of its rights and obligations under this Agreement to any person or entity acquiring the principal assets used and useful in the operation of the Company provided such entity is financially able to honor the obligations to the Executive under the
terms of this Agreement, and the Company has secured the written consent of Executive. 
 This Agreement shall not be terminated by
Company’s voluntary or involuntary dissolution or by any merger in which Company is not the surviving or resulting corporation, or on any transfer of all or substantially all of the Company’s assets. In the event of any such merger or
transfer of assets, where the Executive has provided his written consent, the provisions of this Agreement shall be binding on and inure to the benefit of the surviving business entity or the business entity to which assets shall be transferred. The
Company shall require a purchaser, buyer or assignee to fully assume the Company’s obligations set forth herein prior to the purchase or assignment. 
  

	14.	Confidentiality. 

 (a)
Confidentially. Executive will not during Executive’s employment by the Company or thereafter at any time disclose, directly or indirectly, to any person or entity or use for Executive’s own benefit any trade secrets or confidential
information relating to the Company’s business operations, technology, designs, programs, products (including, without limitation, Company’s existing products and technology), marketing data, business plans, strategies, employees,
negotiations and contracts with other companies, or any other subject matter pertaining to the business of the Company or any of its clients, customers, consultants, or licensees, learned or acquired by Executive solely during the period of
Executive’s employment by the Company (collectively, “Confidential Information”), except as may be necessary in the ordinary course of performing Executive’s particular duties as an 

  

 7 

 
Executive of the Company and further excepting any such information which is or becomes available to the public through no fault of Executive, or was
previously known to Executive. 
 (b) Return of Confidential Material. Executive shall promptly deliver to the Company
on termination of Executive’s employment with Company, whether or not for cause and whatever the reason, or at any time the Company may so request, all memoranda, notes, records, reports, manuals, drawings, blueprints, Confidential Information
and any other documents of a confidential nature belonging to the Company, including all copies of such materials which Executive may then possess or have under Executive’s control. Upon termination of Executive’s employment by the
Company, Executive shall not take any documents, data, or other material of any nature containing or pertaining to the proprietary information of the Company. 
 (c) Notwithstanding the provisions of Paragraph 14(a) and (b), the Company recognizes that in corporate, business and financial matters
such high degree or expertise and experience existed prior to Company employing Executive and was one of the primary reasons Company employed Executive. Further notwithstanding any provision of this Agreement, the Company recognizes and acknowledges
the mere employment of Executive by one of Company’s competitors shall not be a violation of this paragraph. 
  

	15.	Representations and Warranties. 

 The Company
represents and warrants to the Executive that this Agreement has been duly authorized, executed and delivered by the Company, is the legal obligation of the Company and is enforceable as to the Company in accordance with its terms. 
  

	16.	Governing Law. 

 This Agreement has been executed by
the Executive in the State of New York and shall be construed in accordance with and shall be governed by, the laws of the State of New York without giving effect to rules governing conflicts of law. 
  

	17.	Entire Agreement. 

 This Employment Agreement
contains the entire understanding and agreement between the parties relating to the subject matter hereto except as otherwise referred to herein, and supersedes any prior employment agreement between the parties, whether written or oral. Neither
this Agreement nor any provision hereof may be waived, modified, amended, changed, discharged or terminated, except by an agreement in writing, signed by the party against whom enforcement of any waiver, modification, change, amendment, discharge or
termination is sought. To the extent any employee handbook or similar policies of the Company are inconsistent with the Agreement, this Agreement shall control and govern. 
  

 8 

	18.	Counterparts. 

 This Agreement may be executed in
counterparts, each of which shall be deemed an original, and such counterparts together shall constitute a single instrument. 
  

	19.	Provisions Schedule. 

 To the extent any one or more
of the provisions of this Agreement shall be invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein shall not in any way be affected or impaired thereby but shall
remain in full force and effect. 
  

	20.	Headings. 

 The section headings herein are for
convenience only and shall not be used in interpreting or construing this Agreement. 
  

	21.	Notices. 

 Any notice required or permitted to be
given under the provisions of this Agreement shall be in writing and shall be deemed to have been duly delivered and received (i) on the date of personal delivery, or (ii) on the date of receipt (as shown on the return receipt) if mailed
by certified or registered mail, return receipt requested, postage prepaid, or sent by Federal Express or similar courier service, with all charges prepaid, in each case addressed to the following persons at the following addresses, or to such other
person or other addressed to the following persons at the following addresses, or to such other person or other addresses as either party may designate by notice in writing to the other party to this Agreement. 
  

					
	(a)	  	To the Executive:	  	GARY D. KUCHER
	 	  	 	  	PO Box 16960
		  		  	Beverly Hills, CA. 90209
			
	(b)	  	To the Company:	  	BRANDED MEDIA CORPORATION
		  		  	425 Madison Avenue - PH
		  		  	New York, NY 10017

  

 9 

	22.	Hold Harmless and Indemnity. 

 The Company shall
hold harmless and indemnify Executive against any and all expenses (including attorney’s fees), costs, judgments, fines, penalties, settlements and other amounts incurred by, or assessed against, Executive in connection with the acts or
omissions of Executive wherein Executive acted in the course and scope of his employment with Company, in good faith and in a manner he reasonably believed to be in the best interests of the Company and, in the case of a criminal action or
proceeding, had no reasonable cause to believe Executive’s conduct was unlawful. No determination in any proceeding against Executive by judgment, order, settlement (with or without court approval) or conviction or upon a plea of nolo
contendere (no contest) or its equivalent, shall create a presumption that Executive did not act in good faith, in the course and scope of his employment and in a manner which he reasonably believed to be in the best interests of the Company,
or, with respect to any criminal action or proceeding, that Executive has reasonable cause to believe that his conduct was unlawful. This hold harmless and indemnity shall be in addition to any and all rights offered to Executive by statute or other
law. 
  

	23.	Indemnity Insurance. 

 The Company shall, as further
consideration for this Agreement, obtain and maintain directors and officer’s liability coverage naming Executive as an insured for acts and events occurring during the term of this Agreement. The director’s and officer’s insurance
coverage shall be no less than $3,000,000.00 per claim and $5,000,000.00 annual aggregate, or in an amount otherwise agreed to in writing by the Executive and Company. 
  

	24.	Agreement to Arbitrate. 

 Any controversy or claim
arising out of or relating to this Agreement, or breach of this Agreement, shall be settled by arbitration in accordance with the Employment Arbitration rules of the American Arbitration Association, or any arbitral forum mutually agreed to in
writing by the parties. The arbitrator shall issue a written decision that will provide for any and all damages otherwise available in a court of law. Judgment on the award rendered by arbitrator may be entered in any court having jurisdiction.

 There shall be one arbitrator selected by the parties. The Company shall pay all fees and costs associated with the arbitration, including
the attorney’s fees and costs of Executive should the arbitrator conclude that the Company breached the Agreement in any respect, or Executive is awarded any money, benefits or damages as a result of the arbitration. 
  

 10 

 This Agreement does not create, and shall not be construed as creating any rights enforceable by any
person not a party to this Agreement, other than as provided in Paragraph 13, assignment of rights. 
 IN WITNESS WHEREOF, the parties
have executed this Agreement as of the date first herein above written. 
 BRANDED MEDIA CORPORATION, INC. 
 By:__________________________________ 
 Donald C Taylor, President 
 Dated:________________________________ 
  
 EXECUTIVE 
 _____________________________________ 
 Gary D. Kucher 
 Dated:________________________________ 
  

 11

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