Document:

Exhibit 10.8

    
      	
               

            	
              EXHIBIT 10.8

            	
               

            

    

    
      	
               

            
	
              PROJECT DEVELOPMENT AGREEMENT

            
	
               

            

    

    This Agreement is entered into this 6th day of November, by and between
      ALL
      Energy Company, a Delaware corporation ( “Client”), and Delta-T Corporation, a
      Virginia corporation ( “Delta-T”), which parties may be referred to individually
      as a “Party” or jointly as the “Parties”, in light of the following
      facts:

    A. In September 2006, Client and B. Swain, inter alia, entered into a Stock
      Subscription Agreement (the “Subscription”) relating to the sale and issuance of
      common stock of Client, subject to certain terms and conditions;

     B. One of the terms of the Subscription was an agreement by B. Swain,
      as owner of Delta-T, to cause Delta-T to negotiate, in good faith, a development
      agreement relating to the development of five ethanol production facilities
      and
      to enter into such contracts. Client agreed to so negotiate, in good faith,
      and
      to enter into such contract. It is the purpose of this Agreement to serve as
      the
      development agreement referred to in the Subscription;

     C. The Subscription further stated that B. Swain and R. Swain, as
      majority owners of Pacesetter Management Group, LLC (“Pacesetter”), would cause
      Pacesetter to negotiate, in good faith, an agreement under which Pacesetter
      would manage the operations of the five ethanol production facilities intended
      to be developed by Client (the “Pacesetter Agreement”). This Agreement is not
      part of an agreement with Pacesetter;

     D. This Agreement was termed the “Delta-T Agreement” in the
      Subscription. The Subscription created a right in certain individuals to
      purchase an aggregate of 714,285 shares of the common stock of Client. The
      right
      to purchase common stock of Client, as stated herein, was made conditional
      on
      the mutual execution of both this Agreement (the Delta-T Agreement therein)
      and
      the Pacesetter Agreement. This Agreement, upon its execution between Client
      and
      Delta-T, will constitute satisfaction of the condition precedent to the right
      of
      R. L. Bibb Swain, Rob Swain, James Broghammer, Scott D. Zabler and John F.
      Hopkins, Jr., relating to the execution of this Agreement;

     5. Delta-T is experienced in the business of developing ethanol
      production projects, as well as in the design of ethanol processes using the
      dry-milling method and in the supply of commercial technologies and other items
      related to the production of fuel ethanol;

     6. Client has determined to locate the first of the five ethanol
      production facilities contemplated by this Agreement in the City of Manchester,
      Iowa;

     7. Client intends to develop a plant capable of producing
      approximately 100,000,000 gallons per year of fuel ethanol, utilizing the
      dry-milling process, together with all associated commercial
      by-products;

     8. Client desires to engage Delta-T as an independent contractor to
      provide products and services as provided herein. Except as set forth in
      paragraph VII hereinbelow, this engagement is not related to any other contract
      or agreement with any person, firm or entity not a party hereto; and

     

     9. Client has tentatively determined to engage Kraus-Anderson
      Construction Company, Minneapolis, Minnesota, as its prime contractor for the
      design and construction of the proposed Manchester, Iowa, facility, on either
      a
      turn-key or cost-plus basis. 

     NOW, THEREFORE, in consideration of the mutual promises contained
      herein and other valuable consideration, it is hereby agreed by and between
      the
      parties:

    I. SCOPE OF ENGAGEMENT

     The parties acknowledge and agree that this Agreement relates to the
      development of five (5) ethanol plants to be built by Client. This Agreement
      relates specifically to the Manchester, Iowa, site selected by Client for its
      first facility, but also is applicable to four additional facilities, each
      of
      which will be the subject of a numbered addendum to this Agreement to identify
      each new plant location and to republish and reaffirm this Agreement. Except
      for
      the changes in the plant-site identification, the terms and conditions of this
      Agreement shall remain in force and constitute the continuing binding
      obligations of the parties for a total of five plant development
      projects.

     It is agreed that the scope of the engagement of Delta-T in this
      Agreement is the work required to put Client in a position to negotiate a
      definitive design and build contract with the contractor of Client’s choice.
      Kraus-Anderson Construction Company is currently the choice of Client, but
      the
      final selection of a design and build contractor has not been made. 

    II. OBLIGATIONS OF DELTA-T

     Delta-T agrees to perform the following tasks in furtherance of the
      development of the project:

     A. Scheduling. Delta-T is to develop and deliver to Client a Gantt
      Chart relating specifically to the tasks undertaken to be accomplished under
      this Agreement in sub-paragraphs B. through I. below, as soon as practicable
      after execution of this Agreement. The project time line on the Gantt Chart
      shall not exceed 120 days;

     B. Site Options. Delta-T is to assist Client or Client’s agent in
      selection of the most appropriate technical and site options for site
      utilization in conformity with the facility specifications;

     C. Site Layout. Delta-T is to develop a preliminary general
      arrangement drawing for the plant, utilizing Client’s site physical and
      geo-technical data;

     D. Plant Specifications. Delta-T is to create, in cooperation with
      Client or Client’s agent, definitive physical plant specifications;

     E. Plant Operations. Delta-T is to develop profitability analyses for
      plant operation related to product selection alternatives;

     F. Environmental. Provide definitive estimated plant emissions
      projections for use of Client or Client’s agent in pursuing environmental
      permits, certifications and/or licenses;

     G. Business Plan. Delta-T is to assist Client in development of a
      business plan for Client;

     H. Project Financing. Delta-T is to develop professional
      presentation-quality technical and economic date for Client’s use in making
      presentation to investors and/or lenders; and

     I. Process Engineering. Delta-T is to provide a process engineering
      package providing sufficient data to be used as the basis of estimating the
      construction costs of the processing aspects of the proposed facility (“Schedule
      A Package”).

     It is acknowledged by the parties that Client currently intends to
      use a representative of Kraus-Anderson Construction Company as its agent, and
      references herein to “Client’s agent” refer to such person. 

    III. OBLIGATIONS OF CLIENT

     Client agrees that, in effectuating this Agreement, it will take no
      action adversely affecting the ability of Delta-T to perform its obligations
      hereunder. 

     Client further agrees that:

     A. It will cooperate fully with, and provide to, Delta-T all things
      to be undertaken and provided under the provisions of subparagraphs B, C, D
      and
      G of paragraph II above, to the best of its ability; and

     B. It will pay to Delta-T the agreed payments as provided in
      paragraph IV, in a timely manner in accordance with the terms of said paragraph
      IV.

    IV. PAYMENT - TIME OF PAYMENT

     Project Development Services. Client agrees to pay to Delta-T for the
      performance by it of its obligations hereunder the aggregate amount of $500,000
      for each of five (5) plants. Payment for each shall be made as
      follows:

     Plants 1 and 2

     A. Payment of $100,000 on the mutual execution of this
      Agreement;

     B. Payment of $100,000 on the date that marks one-third of the total
      project time set forth on the Gantt Chart prepared by Delta-T and delivered
      to
      Client pursuant to subparagraph A of paragraph II;

     C. Payment of $100,000 on the date that marks two-thirds of the total
      project time set forth on the said Gantt Chart; and

     

     D. Payment of $200,000 (plus any remaining balances of B. and C.)
      upon receipt of invoice from Delta-T certifying that the work contemplated
      by
      this Agreement is compete and the Schedule A Package has been
      delivered.

     Plants 3 – 5

    Payment of $1,500,000 shall be made upon Client’s request for services on
      any of the three remaining plants.

     Late Payment Penalty. Client agrees to pay to Delta-T a late-payment
      fee of 1% per month, until paid, on all sums owing to Delta-T hereunder that
      are
      thirty-days overdue.

    V. CONFIDENTIALITY

     It is acknowledged by the parties that certain of the information to
      be provided by Delta-T in performance of its obligations hereunder will contain
      proprietary, trade secret and copyrighted materials owned by Delta-T and
      relating to its ethanol processing technology. Inasmuch as it is the intention
      of this Project Development Agreement to put Client in a position to accept
      proposals for design and build construction contracts for construction of the
      proposed ethanol facility, it is necessary that Client have a limited license
      with regard to such information in order to provide information for making
      estimates as contemplated in subparagraph I of paragraph II, above. Execution
      of
      this Agreement by Delta-T will be deemed to be the grant of a limited license
      to
      use the proprietary, trade secret and/or copyrighted materials as necessary
      in
      presenting facility descriptive information to Kraus-Anderson Construction
      Company, or such other company chosen by Client, for the purpose of estimating
      the cost of construction those parts of the facility designed specifically
      to
      accommodate Delta-T’s proprietary fuel ethanol production process. In this
      regard, Client covenants that it will exploit its limited license for no other
      purpose than that stated herein and that it will not copy, reproduce or
      otherwise violate its limited license. It is agreed that the licensed
      information, data, processes, copyrights and drawings depicting such items,
      if
      any, shall remain the property of Delta-T and shall be returned to Delta-T
      at
      such time as Client has entered into a definitive agreement for the design
      and
      construction of the proposed ethanol facility, or upon termination of this
      Agreement.

     Additionally, Client agrees that, prior to disclosure of any of
      Delta-T’s proprietary, trade secret and/or copyrighted material to anyone, it
      will first obtain a written confidentiality agreement to protect Delta-T from
      unauthorized use of the licensed materials. Client will provide a copy of each
      confidentiality agreement so obtained to Delta-T on execution thereof.
      Furthermore, Client may disclose such confidential information as it is required
      to disclose in order to comply with applicable law, rule or regulation, provided
      that it takes whatever steps necessary to protect the confidentiality of such
      information the full extent allowed by such law, rule or regulation.

    VI. TERM AND TERMINATION

     Term. The term of this Agreement shall be the period of time required
      to provide services as provided hereunder for five ethanol plants to be built
      by
      Client. It is anticipated by the parties that this period of time will be of
      approximately five (5) years duration.

     Termination. This Agreement may be terminated by either party on the
      default in performance of the obligations of a Party to this Agreement (the
      “defaulting party”). In such event, the non-defaulting party shall give written
      notice to the defaulting party of the failure of performance and the nature
      thereof. The defaulting party shall have a reasonable time within which to
      cure
      such default in performance, but not in excess of ten (10) calendar days. Should
      the defaulting party fail or refuse to cure the default in performance within
      ten (10) calendar days from the date of notice thereof, then the non-defaulting
      party may elect to terminate this Agreement as to the then current ethanol
      plant
      project or all subsequent projects.

     A failure of a Party to notify a defaulting Party of a failure to
      perform its obligations hereunder on any occasion shall not constitute a waiver
      of its right to do so for that or any other or subsequent failure of
      performance.

     Project Financing. The Agreement shall terminate should Client fail
      to obtain Project Financing within eighteen (18) months of its
      execution.

    VII. FUTURE AGREEMENTS

     It is acknowledged by the Parties that Client intends to enter into a
      design and build contract for the construction of the proposed ethanol plant
      with Kraus-Anderson Construction Company or another qualified contractor. Client
      covenants that it will include in any such construction contract, the
      following:

     Process License. Client will require the contractor to provide in the
      construction contract that the contractor will negotiate, in good faith, a
      License Agreement with Delta-T permitting it to utilize Delta-T’s proprietary
      fuel ethanol production process in the proposed ethanol facility. Delta-T shall
      warrant the license is fit for the use for which it is intended. The license
      fee
      for the first plant is to be $3,000,000, which shall be paid in accordance
      with
      the terms and conditions of the License Agreement, provided, however, that
      Client shall have secured project financing for construction of the proposed
      facility.

     Technology Transfer and Engineering Services Agreement. Client will
      require the contractor to provide in the construction contract that the
      contractor will negotiate in good faith a Technology Transfer and Engineering
      Services Agreement with Delta-T under the terms of which agreement Delta-T
      will
      agree to provide full engineering as required to complete the process
      engineering design for installation and use of Delta-T’s fuel ethanol production
      process, review all engineering performed by others to assure that it conforms
      to Delta-T’s process design and to train the personnel necessary to the proper
      operation of the licensed process after installation. Delta-T shall be paid
      a
      fee for its services as negotiated between Delta-T and the contractor; provided,
      however, that Client shall have secured project financing, as
      aforesaid.

     Procurement. Client will require the contractor to provide in the
      construction contract that the contractor will negotiate, in good faith, a
      contract for Delta-T to act as the procurement agent for the project for the
      procurement of the equipment necessary to Delta-T’s licensed process, that is,
      the process-engineered equipment that would not be needed for the project but
      for the use of Delta-T’s proprietary process. Procurement will be limited to
      those items of equipment identified by the Construction company in writing
      as
      being required.

    VIII. INSURANCE

     At all times during the term of this Agreement, Delta-T shall carry
      general liability insurance, including contractual and completed operations
      insurance. Client shall be named as an additional insured under Delta-T’s policy
      of insurance and Delta-T shall cause such carrier to issue to Client a
      Certificate of Insurance.

    IX. INDEMNITY

     Each of the Parties hereby indemnifies and holds harmless the other
      Party from and against all third party property or personal injury claims,
      loss,
      damage or liabilities, including costs of defense and reasonable attorney’s
      fees, to the extent caused by their respective negligent acts and omissions
      and
      arising out of their respective performances of this Agreement.

    X. INDEPENDENT CONTRACTOR

     The Parties agree that Delta-T and Client are independent contractors
      and nothing in this Agreement shall be deemed to make either Party an agent
      of
      partner of the other, or to give either Party the right to bind the other in
      any
      way.

    XI. DISPUTE RESOLUTION

      Any dispute that arises regarding the formation or terms of
      this Agreement, or the performance of the Parties hereunder, will be resolved
      exclusively by arbitration before a panel of three (3) neutral arbitrators
      in
      Des Moines, Iowa. Each Party will select one arbitrator and the two (2) thus
      selected shall jointly select the third. All arbitrators shall be individuals
      who are licensed as lawyers by the State Bar of Iowa.

     The arbitration shall be confidential and shall utilize the then
      existing commercial arbitration rules of the American Arbitration Association.
      The decision of the majority of the arbitrators shall be set forth in writing
      and such decision shall be binding and enforceable in any court of competent
      jurisdiction. The arbitrators shall award reasonable and actual attorneys fees
      and costs to the prevailing party, which award shall be part of the decision
      of
      the panel. Either Party, in addition to all other rights available under
      applicable federal or state laws, will be entitled to injunctive and other
      forms
      of equitable relief. This Section shall survive any termination of this
      agreement regardless of the reason for such termination and regardless of
      whether it is the result of any breach of this Agreement by either of the
      Parties.

    XII. ENTIRE AGREEMENT - AMENDMENTS 

     With the exception of the Non-Disclosure Agreement executed by the
      Parties October 27, 2006, this Agreement contains the entire agreement between
      the Parties hereto with respect to the subject matter hereof and supersedes
      all
      prior and contemporaneous agreements and understandings, oral or written, with
      respect to this agreement. This Agreement may not be changed orally, but only
      by
      an agreement in writing signed by the Party against whom any waiver, change,
      amendment, modification or discharge may be sought.

    XIII. BINDING EFFECT; BENEFITS

     This Agreement shall inure to the benefit of and shall be binding
      upon the Parties hereto and their respective successors and assigns.

    XIV. GOVERNING LAW

     The validity, performance and enforcement of this Agreement shall be
      construed in accordance with, and governed by the laws of the State of Iowa.
      

    XV. FURTHER ASSURANCES

     The Parties agree to do such further acts and things and to execute
      and deliver such additional agreements and instruments as any Party may
      reasonably require to consummate, evidence, or confirm any agreement contained
      herein in the manner contemplated hereby.

    XVI. MODIFICATION

     Any modification or waiver of any term of this Agreement must be in
      writing and signed by the Parties to be bound by the modification or
      waiver.

    XVII. SEVERABILITY

     In the event any portion of this Agreement shall be declared by any
      court of competent jurisdiction to be invalid, illegal, or unenforceable, such
      portion shall be deemed severed from this Agreement, and the remaining parts
      hereof shall remain in full force and effect as fully as though such invalid,
      illegal, or unenforceable portion had never been part of this Agreement.

    XVIII. TITLES AND HEADINGS

     Titles and headings of sections of this Agreement are for the
      convenience of reference only, are not intended to define, limit, or describe
      the scope or intent of any provision of this Agreement, and shall not affect
      the
      construction of any provision of this Agreement.

    XIX. COUNTERPARTS

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

     

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

    ALL ENERGY COMPANY

    By: /s/ DEAN SUKOWATEY

    Name: Dean Sukowatey

    Title: President

    DELTA-T CORPORATION

    By: /s/ R.L. BIBB SWAIN

    Name: R.L. Bibb Swain

    Title: CEOExhibit 10.9

    
      	
               

            	
              EXHIBIT 10.9

            	
               

            

    

    
      	
               

            
	
              AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT

            
	
               

            

    

    This shall constitute Amendment No. 1 to that certain Employment Agreement
      (the “Employment Agreement”), dated as of August 18, 2006, by and between ALL
      Energy Company, a Delaware corporation (“Employer”), and Dean Sukowatey
      (“Employee”), pursuant to which Employee agreed to serve as president of
      Employer.

     The Employment Agreement is hereby amended, as follows:

     1. Exhibit III(A), Statement of Compensation, is deleted in its
      entirety and replaced with the following:

      “Salary. Employee shall be paid as and for a salary the sum of
      $240,000 per year, net of lawful and required withholding, which salary shall
      begin to accrue immediately upon the mutual execution of the Employment
      Agreement to which this Exhibit III(A) relates; provided, however, that no
      amount of Employee’s accrued salary shall be paid unless and until Employer
      shall have obtained not less than $1,300,000 pursuant to Employer’s proposed
      private offering.

      Notwithstanding the foregoing paragraph to the contrary, for
      the year 2007, Employee shall be paid his salary as follows:

      $120,000 of such salary shall be paid on January 2, 2007, and
      the balance of such salary, $120,000, shall be paid in equal installments during
      the remainder of 2007.

      Moving Allowance. Employee shall be paid a one-time moving
      allowance of $15,000, upon Employer’s receipt of Employee’s written notice of
      his intent to move his residence to an appropriate location in the State of
      Iowa.

      Insurance and Other Benefits. As further consideration for his
      covenants contained in the Employment Agreement to which this Exhibit III(A)
      relates, Employer will provide Employee with such insurance, welfare, sick
      leave
      and other benefits as may be established by Employer from time to time with
      respect to its employees in accordance with Employer’s established procedures.
      Employee shall be entitled to Directors’ and Officers’ indemnification insurance
      coverage to the same extent as is provided to other persons employed as officers
      of Employer.

      Other Compensation Plans. Employee shall be entitled to
      participate, to the same extent as is provided to other persons employed by
      Employer, in any future stock bonus plan, stock option plan or employee stock
      ownership plan of Employer.”

     In all other respects, the Employment Agreement is ratified and
      affirmed.

     EMPLOYER:

     ALL ENERGY COMPANY

     By: /s/ DEAN SUKOWATEY

      Dean Sukowatey

      President

    Dated: January 2, 2007

    EMPLOYEE:

    /s/ DEAN SUKOWATEY

    Dean Sukowatey, individually

      Dated: January 2, 2007

    
      	
               

            
	
               

            
	
              EMPLOYMENT AGREEMENT

            

    

    THIS EMPLOYMENT AGREEMENT (“Agreement”) is made by and between All Energy
      Company, a duly organized Delaware corporation (“Employer”), and Dean Sukowatey
      (“Employee”).

    W I T N E S S E T H:

    WHEREAS, Employer is in need of a person to serve as its president and
      secretary; and

    WHEREAS, Employee possesses the credentials deemed necessary by Employer
      to
      serve Employer in such capacities; and

    WHEREAS, Employee is willing to be employed by Employer, and Employer is
      willing to employ Employee, on the terms, covenants and conditions hereinafter
      set forth; and

    WHEREAS, Employer and its affiliates have accumulated valuable and
      confidential information, including, without limitation, trade secrets and
      know-how relating to the ethanol production industry, marketing plans, business
      strategies and other business records; and

    WHEREAS, the giving of the covenants contained herein is a condition
      precedent to the employment of Employee by Employer and Employee acknowledges
      that the execution of this Agreement and the entering into of these covenants
      is
      an express condition of his employment by Employer and that said covenants
      are
      given in consideration for such employment and the other benefits conferred
      upon
      him by this Agreement; and

    NOW, THEREFORE, in consideration of such employment and other valuable
      consideration, the receipt and adequacy of which is hereby acknowledged,
      Employer and Employee hereby agree as follows:

    SECTION I. EMPLOYMENT OF EMPLOYEE

     Employer hereby employs, engages and hires Employee as President and
      Secretary of Employer, and Employee hereby accepts and agrees to such hiring,
      engagement and employment, subject to the general supervision of the Board
      of
      Directors of Employer. Employee shall perform duties as are customarily
      performed by one holding such position in other, same or similar businesses
      or
      enterprises as that engaged in by Employer, and shall also additionally render
      such other and unrelated services and duties as may be reasonably assigned
      to
      him from time to time by Employer.

    Employee shall devote all necessary efforts to the performance of his
      duties as President and Secretary of Employer.

    SECTION II. EMPLOYEE’S PERFORMANCE

    Employee hereby agrees that he will, at all times, faithfully,
      industriously and to the best of his ability, experience and talents, perform
      all of the duties that may be required of and from him pursuant to the express
      and implicit terms hereof, to the reasonable satisfaction of Employer.

    SECTION III. COMPENSATION OF EMPLOYEE

    Employer shall pay Employee, and Employee shall accept from Employer, in
      full payment for Employee's services hereunder, compensation as
      follows:

     A. Salary and Other Compensation. Employee shall be paid as and for a
      salary the compensation set forth in Exhibit III(A).

    B. Expenses. It is acknowledged that, during the term of employment,
      Employee will be required to incur ordinary and necessary business expenses
      on
      behalf of Employer in connection with the performance of his duties hereunder.
      Employer shall reimburse Employee promptly the amount of all such expenses
      upon
      presentation of itemized vouchers or other evidence of those
      expenditures.

    C. Vacations. During the term of this Agreement, Employee shall be entitled
      to three (3) weeks’ paid vacation.

    SECTION IV. INDEMNIFICATION OF EMPLOYEE

     As further consideration of Employee’s executing this Agreement,
      Employer shall have executed, prior to the execution of this Agreement, an
      Indemnity Agreement (the “Indemnity Agreement”), in the form attached hereto as
      Exhibit IV(A). The obligations under the Indemnity Agreement shall survive
      the
      termination of this Agreement.

    SECTION V. COMPANY POLICIES

     Employee agrees to abide by the policies, rules, regulations or
      usages applicable to Employee as established by Employer from time to time
      and
      provided to Employee in writing.

    SECTION VI. CONFIDENTIALITY AGREEMENT; NON-COMPETITION AGREEMENT

     A. In consideration of Employer’s executing this Agreement, Employee
      shall have executed, prior to the execution of this Agreement, a Confidentiality
      Agreement (the “Confidentiality Agreement”), in the form attached hereto as
      Exhibit “B”.

     B. In consideration of Employer’s executing this Agreement, Employee
      agrees, effective as of the date hereof, to sign and be bound by the obligations
      of an Agreement Not to Compete (the “Non-Competition Agreement”), in the form
      attached hereto as Exhibit “C”.

     C. The obligations under the Confidentiality Agreement and the
      Non-Competition Agreement shall survive the termination of this
      Agreement.

    SECTION VII. TERM AND TERMINATION

    A. Term. The term of this Agreement shall be a period of seven (7) years,
      commencing on August 18, 2006. This Agreement shall renew for additional
      one-year periods, provided neither party hereto submits a written notice of
      termination within sixty (60) days prior to the termination of either the
      initial term hereof or any renewal term.

     B. Termination. Employer agrees not to terminate this Agreement
      except for “just cause”. For purposes of this Agreement, “just cause” shall mean
      (1) the willful failure or refusal of Employee to implement or follow the
      written policies or directions of Employer's Board of Directors, provided that
      Employee's failure or refusal is not based upon Employee's belief in good faith,
      as expressed to Employer in writing, that the implementation thereof would
      be
      unlawful; (2) conduct which is inconsistent with Employee's position with
      Employer and which results in a material adverse effect (financial or otherwise)
      or misappropriation of assets of Employer; (3) conduct which violates the
      provisions contained in the Confidentiality Agreement or the Non-Competition
      Agreement; (4) the intentional causing of material damage to Employer's physical
      property; and (5) any act involving personal dishonesty or criminal conduct
      against Employer.

    Although Employer retains the right to terminate Employee for any reason
      not specified above, Employer agrees that if it discharges Employee for any
      reason other than just cause, as is solely defined above, Employee will be
      entitled to full compensation for one year or the remainder of the then-current
      term, original or renewal, as the case may be, of employment, whichever is
      greater.

    If Employee should cease his employment hereunder voluntarily for any
      reason, or is terminated for just cause, all compensation and benefits payable
      to Employee shall thereupon, without any further writing or act, cease, lapse
      and be terminated. However, all reimbursements which accrued prior to Employee's
      ceasing employment or termination, will become immediately due and payable
      and
      shall be payable to Employee’s estate should his employment cease due to
      death.

    SECTION VIII. COMPLETE AGREEMENT

    This Agreement contains the complete agreement concerning the employment
      arrangement between the parties hereto and shall, as of the effective date
      hereof, supersede all other agreements between the parties. The parties hereto
      stipulate that neither of them has made any representation with respect to
      the
      subject matter of this Agreement or any representations including the execution
      and delivery hereof, except such representations as are specifically set forth
      herein and each of the parties hereto acknowledges that he or it has relied
      on
      his or its own judgment in entering into this Agreement. The parties hereto
      further acknowledge that any payments or representations that may have
      heretofore been made by either of them to the other are of no effect and that
      neither of them has relied thereon in connection with his or its dealings with
      the other.

    SECTION IX. WAIVER; MODIFICATION

    The waiver by either party of a breach or violation of any provision of
      this Agreement shall not operate as, or be construed to be, a waiver of any
      subsequent breach hereof. No waiver or modification of this Agreement or of
      any
      covenant, condition or limitation herein contained shall be valid unless in
      writing and duly executed by the party to be charged therewith and no evidence
      of any waiver or modification shall be offered or received in evidence of any
      proceeding or litigation between the parties hereto arising out of, or
      affecting, this Agreement, or the rights or obligations of the parties
      hereunder, unless such waiver or modification is in writing, duly executed
      as
      aforesaid, and the parties further agree that the provisions of this Section
      IX
      may not be waived except as herein set forth.

    SECTION X. SEVERABILITY

    All agreements and covenants contained herein are severable, and in the
      event any one of them, with the exception of those contained in Sections I,
      III,
      IV, V and VI hereof, shall be held to be invalid in any proceeding or litigation
      between the parties, this Agreement shall be interpreted as if such invalid
      agreements or covenants were not contained herein.

    SECTION XI. NOTICES

    Any and all notices will be sufficient if furnished in writing, sent by
      registered mail to his last known residence, in case of Employee, or, in case
      of
      Employer, to its principal office address.

    SECTION XII. REPRESENTATIONS OF EMPLOYER

     The execution of this Agreement by Employer has been approved by the
      Board of Directors of Employer.

    SECTION XIII. REPRESENTATIONS OF EMPLOYEE

     A. Employee hereby represents to Employer that he is under no legal
      disability with respect to his entering into this Agreement.

     B. Employee represents and warrants that he has investigated
      Employer, its financial condition, business and prospects, and has had the
      opportunity to ask questions of, and to receive answers from, Employer with
      respect thereto. Employee acknowledges that he is aware that Employer currently
      lacks adequate capital to pursue its full plan of business.

    SECTION XIV. COUNTERPARTS

    This Agreement may be executed in duplicate counterparts, each of which
      shall be deemed an original and, together, shall constitute one and the same
      agreement, with one counterpart being delivered to each party hereto.

    SECTION XV. BENEFIT

    The provisions of this Agreement shall extend to the successors, surviving
      corporations and assigns of Employer and to any purchaser of substantially
      all
      of the assets and business of Employer. The term “Employer” shall be deemed to
      include Employer, any joint venture, partnership, limited liability company,
      corporation or other juridical entity, in which Employer shall have an interest,
      financial or otherwise.

    SECTION XVI. ARBITRATION

     The parties agree that any dispute arising between them related to
      this Agreement or the performance hereof shall be submitted for resolution
      to
      the American Arbitration Association for arbitration in the Chicago, Illinois,
      office of the Association under the then-current rules of arbitration. The
      Arbitrator or Arbitrators shall have the authority to award to the prevailing
      party its reasonable costs and attorneys fees. Any award of the Arbitrators
      may
      be entered as a judgment in any court competent jurisdiction.

     Notwithstanding the provisions contained in the foregoing paragraph,
      the parties hereto agree that Employer may, at its election and without
      delivering the notice to Employee required in Section VII(B) hereof, seek
      injunctive or other equitable relief from a court of competent jurisdiction
      for
      a violation or violations by Employee of the Confidentiality Agreement or the
      Non-Competition Agreement.

    SECTION XVII. LEGAL REPRESENTATION

     Employer and Employee both acknowledge that each has utilized
      separate legal counsel with respect to this Agreement. Specifically, Employee
      acknowledges that the law firm of Newlan & Newlan has drafted this Agreement
      on behalf of Employer. EMPLOYEE IS ADMONISHED TO SEEK HIS OWN LEGAL
      COUNSEL.

    SECTION XVIII. GOVERNING LAW

    It is the intention of the parties hereto that this Agreement and the
      performance hereunder and all suits and special proceedings hereunder be
      construed in accordance with and under and pursuant to the laws of the State
      of
      Iowa, and that, in any action, special proceeding or other proceeding that
      may
      be brought arising out of, in connection with or by reason of this Agreement,
      the laws of the State of Iowa shall be applicable and shall govern to the
      exclusion of the law of any other forum, without regard to the jurisdiction
      in
      which any such action or special proceeding may be instituted.

    IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
      of
      the 18th of August, 2006.

    ALL ENERGY COMPANY

    By: /s/ DEAN SUKOWATEY

    Dean Sukowatey

    President

    /s/ DEAN SUKOWATEY

    Dean Sukowatey, individually

    Address of Employee:

    4718 Aspen Drive

    West Des Moines, Iowa 50265

    
      	
               

            
	
              Exhibit III(A) - Statement of Compensation

            
	
              Statement of Compensation — Dean
                Sukowatey

            

    

     Salary. Employee shall be paid as and for a salary the sum of
      $240,000 per year, net of lawful and required withholding, which salary shall
      begin to accrue immediately upon the mutual execution of the Employment
      Agreement to which this Exhibit III(A) relates; provided, however, that no
      amount of Employee’s accrued salary shall be paid unless and until Employer
      shall have obtained not less than $1,300,000 pursuant to Employer’s proposed
      private offering.

     Moving Allowance. Employee shall be paid a one-time moving allowance
      of $15,000, upon Employer’s receipt of Employee’s written notice of his intent
      to move his residence to an appropriate location in the State of Iowa.

     Insurance and Other Benefits. As further consideration for his
      covenants contained in the Employment Agreement to which this Exhibit III(A)
      relates, Employer will provide Employee with such insurance, welfare, sick
      leave
      and other benefits as may be established by Employer from time to time with
      respect to its employees in accordance with Employer’s established procedures.
      Employee shall be entitled to Directors’ and Officers’ indemnification insurance
      coverage to the same extent as is provided to other persons employed as officers
      of Employer.

     Other Compensation Plans. Employee shall be entitled to participate,
      to the same extent as is provided to other persons employed by Employer, in
      any
      future stock bonus plan, stock option plan or employee stock ownership plan
      of
      Employer.

    
      	
               

            
	
              Exhibit IV(A) - Indemnity Agreement

            
	
               

            

    

    INDEMNITY AGREEMENT

     THIS AGREEMENT is made and entered into as of the 18th day of August,
      2006, by and between All Energy Company, a Delaware corporation (the
“Corporation”), and Dean Sukowatey (“Agent”).

    RECITALS

    WHEREAS, Agent performs a valuable service to the Corporation in his
      capacity as President and Secretary of the Corporation;

    WHEREAS, the Corporation’s bylaws (the “Bylaws”) provide for the
      indemnification of the directors, officers, employees and other agents of the
      Corporation, including persons serving at the request of the Corporation in
      such
      capacities with other corporations or enterprises, as authorized by the Delaware
      General Corporation Law (the “GCL”);

    WHEREAS, the Bylaws and the GCL, by their non-exclusive nature, permit
      contracts between the Corporation and its agents, officers, employees and other
      agents with respect to indemnification of such persons; and

    WHEREAS, in order to induce Agent to continue to serve as President and
      Secretary of the Corporation, the Corporation has determined and agreed to
      enter
      into this Agreement with Agent;

     NOW, THEREFORE, in consideration of Agent’s continued service as
      President and Secretary of the Corporation after the date hereof, the parties
      hereto agree as follows:

    AGREEMENT

     1. SERVICES TO THE CORPORATION. Agent will serve, at the will of the
      Corporation or under separate contract, if any such contract exists, as a
      director, officer or other fiduciary of an affiliate of the Corporation
      (including any employee benefit plan of the Corporation) faithfully and to
      the
      best of his ability so long as he is duly elected and qualified in accordance
      with the provisions of the Bylaws or other applicable charter documents of
      the
      Corporation or such affiliate; provided, however, that Agent may at any time
      and
      for any reason resign from such position (subject to any contractual obligation
      that Agent may have assumed apart from this Agreement) and that the Corporation
      or any affiliate shall have no obligation under this Agreement to continue
      Agent
      in any such position.

     2. INDEMNITY OF AGENT. The Corporation hereby agrees to hold harmless
      and indemnify Agent to the fullest extent authorized or permitted by the
      provisions of the Bylaws and the GCL, as the same may be amended from time
      to
      time (but, only to the extent that such amendment permits the Corporation to
      provide broader indemnification rights than the Bylaws or the GCL permitted
      prior to adoption of such amendment), as follows:

      (a) against any and all expenses (including attorneys’ fees),
      witness fees, damages, judgments, fines and amounts paid in settlement and
      any
      other amounts that Agent becomes legally obligated to pay because of any claim
      or claims made against him in connection with any threatened, pending or
      completed action, suit or proceeding, whether civil, criminal, arbitrational,
      administrative or investigative (including an action by or in the right of
      the
      Corporation) to which Agent is, was or at any time becomes a party, or is
      threatened to be made a party, by reason of the fact that Agent is, was or
      at
      any time becomes a director, officer, employee or other agent of Corporation,
      or
      is or was serving or at any time serves at the request of the Corporation as
      a
      director, officer, employee or other agent of another corporation, partnership,
      joint venture, trust, employee benefit plan or other enterprise; and

      (b) otherwise to the fullest extent as may be provided to Agent
      by the Corporation under the non-exclusivity provisions of the GCL and the
      Bylaws.

     3. LIMITATIONS ON ADDITIONAL INDEMNITY. No indemnity pursuant to
      Section 2 hereof shall be paid by the Corporation:

      (a) on account of any claim against Agent solely for an
      accounting of profits made by Agent in violation of Section 16 of the Securities
      Exchange Act of 1934 and amendments thereto or similar provisions of any
      federal, state or local statutory law;

      (b) on account of Agent’s conduct that is established by a
      final judgment as knowingly fraudulent or deliberately dishonest or that
      constituted willful misconduct;

      (c) on account of Agent’s conduct that is established by a
      final judgment as constituting a breach of Agent’s duty of loyalty to the
      Corporation or resulting in any personal profit or advantage to which Agent
      was
      not legally entitled;

      (d) for which payment is actually made to Agent under a valid
      and collectible insurance policy or under a valid and enforceable indemnity
      clause, bylaw or agreement, except in respect of any excess beyond payment
      under
      such insurance, clause, bylaw or agreement;

      (e) if indemnification is not lawful (and, in this respect,
      both the Corporation and Agent have been advised that the Securities and
      Exchange Commission believes that indemnification for liabilities arising under
      the federal securities laws is against public policy and is, therefore,
      unenforceable and that claims for indemnification should be submitted to
      appropriate courts for adjudication); or

      (f) in connection with any proceeding (or part thereof)
      initiated by Agent, or any proceeding by Agent against the Corporation or its
      directors, officers, employees or other agents, unless (i) such indemnification
      is expressly required to be made by law, (ii) the proceeding was authorized
      by
      the Board of Directors of the Corporation, (iii) such indemnification is
      provided by the Corporation, in its sole discretion, pursuant to the powers
      vested in the Corporation under the GCL, or (iv) the proceeding is initiated
      pursuant to Section 8 hereof.

     4. CONTINUATION OF INDEMNITY. All agreements and obligations of the
      Corporation contained herein shall continue during the period Agent is a
      director, officer, employee or other agent of the Corporation (or is or was
      serving at the request of the Corporation as a director, officer, employee
      or
      other agent of another corporation, partnership, joint venture, trust, employee
      benefit plan or other enterprise) and shall continue thereafter so long as
      Agent
      shall be subject to any possible claim or threatened, pending or completed
      action, suit or proceeding, whether civil, criminal, arbitrational,
      administrative or investigative, by reason of the fact that Agent was serving
      in
      the capacity referred to herein.

     5. PARTIAL INDEMNIFICATION. Agent shall be entitled under this
      Agreement to indemnification by the Corporation for a portion of the expenses
      (including attorneys’ fees), witness fees, damages, judgments, fines and amounts
      paid in settlement and any other amounts that Agent becomes legally obligated
      to
      pay in connection with any action, suit or proceeding referred to in Section
      2
      hereof even if not entitled hereunder to indemnification for the total amount
      thereof, and the Corporation shall indemnify Agent for the portion thereof
      to
      which Agent is entitled.

     6. NOTIFICATION AND DEFENSE OF CLAIM. Not later than thirty (30) days
      after receipt by Agent of notice of the commencement of any action, suit or
      proceeding, Agent will, if a claim in respect thereof is to be made against
      the
      Corporation under this Agreement, notify the Corporation of the commencement
      thereof; but the omission so to notify the Corporation will not relieve it
      from
      any liability which it may have to Agent otherwise than under this Agreement.
      With respect to any such action, suit or proceeding as to which Agent notifies
      the Corporation of the commencement thereof:

      (a) the Corporation will be entitled to participate therein at
      its own expense;

      (b) except as otherwise provided below, the Corporation may, at
      its option and jointly with any other indemnifying party similarly notified
      and
      electing to assume such defense, assume the defense thereof, with counsel
      reasonably satisfactory to Agent. After notice from the Corporation to Agent
      of
      its election to assume the defense thereof, the Corporation will not be liable
      to Agent under this Agreement for any legal or other expenses subsequently
      incurred by Agent in connection with the defense thereof except for reasonable
      costs of investigation or otherwise as provided below. Agent shall have the
      right to employ separate counsel in such action, suit or proceeding but the
      fees
      and expenses of such counsel incurred after notice from the Corporation of
      its
      assumption of the defense thereof shall be at the expense of Agent unless (i)
      the employment of counsel by Agent has been authorized by the Corporation,
      (ii)
      Agent shall have reasonably concluded, and so notified the Corporation, that
      there is an actual conflict of interest between the Corporation and Agent in
      the
      conduct of the defense of such action or (iii) the Corporation shall not in
      fact
      have employed counsel to assume the defense of such action, in each of which
      cases the fees and expenses of Agent’s separate counsel shall be at the expense
      of the Corporation. The Corporation shall not be entitled to assume the defense
      of any action, suit or proceeding brought by or on behalf of the Corporation
      or
      as to which Agent shall have made the conclusion provided for in clause (ii)
      above; and

      (c) the Corporation shall not be liable to indemnify Agent
      under this Agreement for any amounts paid in settlement of any action or claim
      effected without its written consent, which shall not be unreasonably withheld.
      The Corporation shall be permitted to settle any action except that it shall
      not
      settle any action or claim in any manner which would impose any penalty or
      limitation on Agent without Agent’s written consent, which may be given or
      withheld in Agent’s sole discretion.

     7. EXPENSES. The Corporation shall advance, prior to the final
      disposition of any proceeding, promptly following request therefor, all expenses
      incurred by Agent in connection with such proceeding upon receipt of an
      undertaking by or on behalf of Agent to repay said amounts if it shall be
      determined ultimately that Agent is not entitled to be indemnified under the
      provisions of this Agreement, the Bylaws, the GCL or otherwise.

     8. ENFORCEMENT. Any right to indemnification or advances granted by
      this Agreement to Agent shall be enforceable by or on behalf of Agent in any
      court of competent jurisdiction if (i) the claim for indemnification or advances
      is denied, in whole or in part, or (ii) no disposition of such claim is made
      within ninety (90) days of request therefor. Agent, in such enforcement action,
      if successful in whole or in part, shall be entitled to be paid also the expense
      of prosecuting his claim. It shall be a defense to any action for which a claim
      for indemnification is made under Section 3 hereof (other than an action brought
      to enforce a claim for expenses pursuant to Section 8 hereof, provided that
      the
      required undertaking has been tendered to the Corporation) that Agent is not
      entitled to indemnification because of the limitations set forth in Section
      4
      hereof. Neither the failure of the Corporation (including its Board of Directors
      or its shareholders) to have made a determination prior to the commencement
      of
      such enforcement action that indemnification of Agent is proper in the
      circumstances, nor an actual determination by the Corporation (including its
      Board of Directors or its shareholders) that such indemnification is improper
      shall be a defense to the action or create a presumption that Agent is not
      entitled to indemnification under this Agreement or otherwise.

     9. SUBROGATION. In the event of payment under this Agreement, the
      Corporation shall be subrogated to the extent of such payment to all of the
      rights of recovery of Agent, who shall execute all documents required and shall
      do all acts that may be necessary to secure such rights and to enable the
      Corporation effectively to bring suit to enforce such rights.

     10. NON-EXCLUSIVITY OF RIGHTS. The rights conferred on Agent by this
      Agreement shall not be exclusive of any other right which Agent may have or
      hereafter acquire under any statute, provision of the Corporation’s Certificate
      of Incorporation or Bylaws, agreement, vote of shareholders or directors, or
      otherwise, both as to action in his official capacity and as to action in
      another capacity while holding office.

     

     11.       SURVIVAL
      OF RIGHTS.

      (a) The rights conferred on Agent by this Agreement shall
      continue after Agent has ceased to be a director, officer, employee or other
      agent of the Corporation or to serve at the request of the Corporation as a
      director, officer, employee or other agent of another corporation, partnership,
      joint venture, trust, employee benefit plan or other enterprise and shall inure
      to the benefit of Agent’s heirs, executors and administrators.

      (b) The Corporation shall require any successor (whether direct
      or indirect, by purchase, merger, consolidation or otherwise) to all or
      substantially all of the business or assets of the Corporation, expressly to
      assume and agree to perform this Agreement in the same manner and to the same
      extent that the Corporation would be required to perform if no such succession
      had taken place.

     12. SEPARABILITY. Each of the provisions of this Agreement is a
      separate and distinct agreement and independent of the others, so that if any
      provision hereof shall be held to be invalid for any reason, such invalidity
      or
      unenforceability shall not affect the validity or enforceability of the other
      provisions hereof. Furthermore, if this Agreement shall be invalidated in its
      entirety on any ground, then the Corporation shall nevertheless indemnify Agent
      to the fullest extent provided by the Bylaws, the GCL or any other applicable
      law.

     13. ARBITRATION. The parties agree that any dispute arising between
      them related to this Agreement or the performance hereof shall be submitted
      for
      resolution to the American Arbitration Association for arbitration in the
      Chicago, Illinois, office of the Association under the then-current rules of
      arbitration. The Arbitrator or Arbitrators shall have the authority to award
      to
      the prevailing party its reasonable costs and attorneys fees. Any award of
      the
      Arbitrators may be entered as a judgment in any court competent
      jurisdiction.

     14. GOVERNING LAW. This Agreement shall be interpreted and enforced
      in accordance with the laws of the State of Delaware.

     15. AMENDMENT AND TERMINATION. No amendment, modification,
      termination or cancellation of this Agreement shall be effective unless in
      writing signed by both parties hereto.

     16. IDENTICAL COUNTERPARTS. This Agreement may be executed in one or
      more counterparts, each of which shall for all purposes be deemed to be an
      original but all of which together shall constitute but one and the same
      Agreement. Only one such counterpart need be produced to evidence the existence
      of this Agreement.

     17. HEADINGS. The headings of the sections of this Agreement are
      inserted for convenience only and shall be deemed to constitute part of this
      Agreement or to affect the construction hereof.

     18. NOTICES. All notices, requests, demands and other communications
      hereunder shall be in writing and shall be deemed to have been duly given (i)
      upon delivery if delivered by hand to the party to whom such communication
      was
      directed or (ii) upon the third business day after the date on which such
      communication was mailed if mailed by certified or registered mail with postage
      prepaid:

      (a) If to Agent, at the address indicated on the signature page
      hereof.

      (b) If to the Corporation, to: All Energy Company, 4718 Aspen
      Drive, West Des Moines, Iowa 50265.

    or to such other address as may have been furnished to Agent by the
      Corporation.

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement
      on and as of the day and year first above written.

    ALL ENERGY COMPANY

           COPY

    By: _______________________________

    Dean Sukowatey

    President

    AGENT

    COPY

    _______________________________

    Dean Sukowatey, individually

    Address of Agent:

    4718 Aspen Drive

    West Des Moines, Iowa 50265

    
      	
               

            
	
              Exhibit VI(A) - Confidentiality Agreement

            
	
               

            

    

    August 18, 2006

    All Energy Company

    4718 Aspen Drive

    West Des Moines, Iowa 50265

     Re: Confidentiality Agreement

    Gentlemen:

     In connection with the execution of an employment agreement (the
“Employment Agreement”) between the undersigned and All Energy Company (together
      with affiliates, the “Company”), the Company will furnish to the undersigned
      certain information concerning its business, financial position, operations,
      business contacts, assets and liabilities, as well as other proprietary
      information. As a condition to such information’s being furnished to the
      undersigned and as a condition to the undersigned’s entering into an employment
      agreement with the Company, the undersigned agrees to treat any information
      concerning the Company (whether prepared by the Company, its advisors, or
      otherwise, and irrespective of the form of communication) which is furnished
      to
      the undersigned now or in the future by or on behalf of the Company (together
      with the material described below, herein collectively referred to as the
“Confidential Material”) in accordance with the provisions of this letter
      agreement, and to take or abstain from taking certain other actions hereinafter
      set forth.

     The undersigned understands that the term “Confidential Material”
also includes all notes, analysis, compilations, studies, interpretations
      or
      other documents prepared by the Company or its representatives which contain,
      reflect or are based upon, in whole or in part, the information furnished to
      the
      undersigned. The term “Confidential Material” does not include information which
      (A) is or becomes generally available to the public other than as a result
      of a
      disclosure by the undersigned, or (B) was lawfully within the undersigned’s
      possession prior to its being furnished to the undersigned by or on behalf
      of
      the Company, provided that the source of such information was not known by
      the
      undersigned to be bound by a confidentiality agreement with, or other
      contractual, legal or fiduciary obligation of confidentiality to, the Company
      or
      any other party with respect to such information, or (C) is disclosed to the
      undersigned by a third party, provided that such third party was not known
      by
      the undersigned to be bound by a confidentiality agreement with, or other
      contractual, legal or fiduciary obligation of confidentiality to, the Company
      or
      any other party with respect to such information.

     The undersigned hereby agrees that he will use the Confidential
      Material solely in connection with the undersigned’s performance of his duties
      under the employment agreement, that the Confidential Material will be kept
      confidential and that the undersigned will not disclose any of the Confidential
      Material in any manner whatsoever.

     In the event that the undersigned is requested or required (by oral
      questions, interrogatories, requests for information or documents in legal
      proceedings, subpoena, civil investigative demand or other similar process)
      to
      disclose any of the Confidential Material, the undersigned will provide the
      Company with prompt written notice of any such request or requirement so that
      the Company may seek a protective order or other appropriate remedy and/or
      waive
      compliance with the provisions of this letter agreement. If, in the absence
      of a
      protective order or other remedy or the receipt of a waiver by the Company,
      the
      undersigned is, nonetheless, in the opinion of counsel, legally compelled to
      disclose Confidential Material, the undersigned may, without liability
      hereunder, disclose only that portion of the Confidential Material specifically
      required by an order of Court. Additionally, the undersigned shall make every
      reasonable effort and take every reasonable action, including, without
      limitation, by cooperating with the Company, to obtain an appropriate protective
      order or other reliable assurance that confidential treatment will be accorded
      the Confidential Material.

     Upon termination of the Employment Agreement or at any time upon the
      request of the Company, the undersigned will promptly deliver to the Company or
      certify destruction of, at the Company’s direction, all Confidential Material
      (and all copies thereof) furnished to the undersigned by or on behalf of the
      Company pursuant hereto. All oral Confidential Material provided to the
      undersigned shall continue to be held confidential hereunder. Notwithstanding
      the return or destruction of the Confidential Material, the undersigned will
      continue to be bound by obligations of confidentiality hereunder.

     The undersigned agrees that the Company, without prejudice to any
      rights to judicial relief he may otherwise have, shall be entitled to equitable
      relief, including injunctive relief and specific performance, in the event
      of
      any breach of the provisions of this letter agreement and that the undersigned
      will not oppose the granting of such relief. The undersigned also agrees that
      he
      will not seek and agrees to waive any requirement for the securing and posting
      of a bond in connection with the Company’s seeking or obtaining such relief. In
      the event of litigation relating to this letter agreement, if a court of
      competent jurisdiction determines that the undersigned has breached this letter
      agreement, then the undersigned will be liable to pay to the Company the
      reasonable legal fees incurred in connection with such litigation, including
      any
      appeal therefrom. Also, in the event a court of competent jurisdiction
      determines that the undersigned has not breached this letter agreement, then
      the
      Company will be liable to pay to the undersigned the reasonable legal fees
      incurred in connection with such litigation, including any appeal
      therefrom.

     This letter agreement is for the benefit of the Company, and shall be
      construed (both as to validity and performance) and enforced in accordance
      with,
      and governed by, the laws of the State of Texas applicable to agreements made
      and to be performed wholly within such jurisdiction. This letter agreement
      shall
      remain in full force and effect until the earlier of the date that is three
      years from the termination of the undersigned’s employment by the Company or the
      date that this agreement is terminated by the Company.

     Please confirm your agreement with the foregoing by signing and
      returning one copy of this letter to the undersigned whereupon this letter
      agreement shall become a binding agreement.

    Very truly yours,

    COPY

    Dean Sukowatey

    individually

    AGREED AND ACCEPTED as

    of the date first written above:

    ALL ENERGY COMPANY

    COPY

    By: ______________________________

     Dean Sukowatey

     President

    
      	
               

            
	
              Exhibit VI(B) - Agreement Not to Compete

            
	
               

            

    

    AGREEMENT NOT TO COMPETE

     This Agreement Not to Compete is entered into by and between All
      Energy Company, a Delaware corporation (“Employer”), and Dean Sukowatey
      (“Employee”).

    WHEREAS, Employee is employed by Employer as President and Secretary,
      pursuant to an employment agreement (the “Employment Agreement”); and

    WHEREAS, as a condition to such employment, Employee has agreed to sign
      and
      be bound by this Agreement Not to Compete; and

     NOW, THEREFORE, the parties agree as follows:

     Section 1. Covenant Not to Compete. Employee acknowledges that, as a
      key management employee of Employer, Employee will be involved, on a high level,
      in the development, implementation and management of the business strategies
      and
      plans of Employer, which shall consist of Employer and such other business
      units, divisions, subsidiaries or other entities of Employer as Employer shall
      determine in its sole discretion from time to time. By virtue of Employee’s
      unique and sensitive position and special background, employment of Employee
      by
      a competitor of Employer represents a serious competitive danger to Employer,
      and the use of Employee’s talent and knowledge and information about Employer’s
      business, strategies and plans can and would constitute a valuable competitive
      advantage over Employer. In view of the foregoing, Employee covenants and agrees
      that, if (A) Employee’s employment with Employer is terminated for just cause or
      (B) if Employee voluntarily resigns from his employment with Employer, then,
      for
      a period of one year after the date of such termination, Employee will not
      engage or be engaged as, in any capacity, directly or indirectly, including,
      but
      not limited to, employee, agent, consultant, manager, executive, owner or
      stockholder (except as a passive investor holding less than 10% equity interest
      in any enterprise the securities of which are publicly traded) in any business
      entity engaged in competition with any business being conducted by Employer
      on
      the date of Employee’s termination. This Agreement shall survive the termination
      or expiration of the Employment Agreement. If any court determines that this
      Agreement, or any part hereof, is unenforceable because the duration or
      geographic scope of such provision, such court shall have the power to reduce
      the duration or scope of such provision, as the case may be, and, in its reduced
      form, such provision shall then be enforceable. For purposes of this Agreement,
      “just cause” shall have the same meaning as set forth in Section VII(B) of the
      Employment Agreement of even date between the parties.

     Section 2. Continuing Obligations. Employee agrees that, for one year
      following (A) his termination of employment with Employer for just cause or
      (B)
      his resignation as an employee of Employer, Employee shall keep Employer
      informed of the identification of Employee’s employer and the nature of such
      employment or of Employee’s self-employment. Employer agrees that, within
      fifteen days after receiving notice pursuant to this Section 2 of the
      identification of the prospective employer, the nature of the employment or
      self-employment or any change therein, Employer will advise Employee as to
      whether such employment constitutes a violation of Section 1 hereof.

     Section 3. Injunctive Relief. Employee acknowledges that the
      violation of the covenants contained in this Agreement would be detrimental
      and
      cause irreparable injury to Employer and its affiliates which could not be
      compensated by money damages. Employee agrees that an injunction from a court
      of
      competent jurisdiction is the appropriate remedy for these provisions, and
      consents to the entry of an appropriate judgment enjoining Employee from
      violating these provisions in the event there is a find of their
      breach.

     Section 4. Severability of Covenants. Each of the covenants contained
      in this Agreement are independent covenants, which may be available to or relied
      upon by Employer and its affiliates in any court of competent jurisdiction.
      If
      any one of the separate and independent covenants shall be deemed to be
      unenforceable under the laws of any state of competent jurisdiction, each of
      the
      remaining covenants shall not be affected thereby. Notwithstanding the
      provisions of this Section 4, it is understood that every benefit received
      by
      Employee by virtue of this Agreement is consideration for each separate covenant
      contained herein.

     Section 5. Arbitration. The parties agree that any dispute arising
      between them related to this Agreement or the performance hereof shall be
      submitted for resolution to the American Arbitration Association for arbitration
      in the Chicago, Illinois, office of the Association under the then-current
      rules
      of arbitration. The Arbitrator or Arbitrators shall have the authority to award
      to the prevailing party its reasonable costs and attorneys fees. Any award
      of
      the Arbitrators may be entered as a judgment in any court competent
      jurisdiction.

     Section 6. Governing Law. This Agreement shall be governed by the
      laws of the State of Delaware.

     Section 7. Other Remedies. The undertakings herein shall not be
      construed as any limitation upon the remedies Employer might, in the absence
      of
      this Agreement, have at law or in equity.

     INTENDING to be legally bound hereby, Employer and Employee hereby
      duly execute this Agreement Not to Compete as of the date indicated
      below.

    ALL ENERGY COMPANY

           COPY

     By: ____________________________

    Dean Sukowatey

    President

     Date: August 18, 2006

           COPY

    ________________________________

    Dean Sukowatey, individually

    Date: August 18, 2006

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00120-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00120-of-00352.parquet"}]]