Document:

Confidential
		treatment has been requested for portions of this exhibit. The copy filed
		herewith omits the information subject to the confidentiality request.
		Omissions are designated as [*]. A complete version of this exhibit has been
		filed separately with the Securities and Exchange Commission.

	 

	 Exhibit
		10.13

	 

	 AGREEMENT

	 

	 FOR

	 

	 ENGINEERING,
		PROCUREMENT

	 AND
		CONSTRUCTION

	 

	 BETWEEN

	 

	 PIONEER
		TRAIL ENERGY LLC

	 

	 AND

	 

	 TIC -
		THE INDUSTRIAL COMPANY WYOMING, INC.

	 

	 

	  

	 
 
	  

	 Table
		of Contents

	  

	 

	 
			 	 	
				Page

				
	
				ARTICLE
				  1
 	
				Definitions
				  and Interpretation
 	
				1

				
	
				1.1

					
				Definitions

					
				1

				
	
				1.2

					
				Interpretation

					
				8

				
	 	 	 
	
				ARTICLE
				  2
 	
				Contractor’s
				  Work and Other Obligations
 	
				9

				
	
				2.1

					
				Work to
				  be Performed
 	
				9

				
	
				2.2

					
				Commencement
				  of the Work
 	
				12

				
	
				2.3

					
				Compliance
				  with Applicable Laws
 	
				14

				
	
				2.4

					
				Safety

					
				14

				
	
				2.5

					
				Quality
				  Control
 	
				14

				
	
				2.6

					
				Contractor’s
				  Representative
 	
				14

				
	 	 	 
	
				ARTICLE
				  3
 	
				Subcontracts

					
				14

				
	
				3.1

					
				Major
				  Specialty Consultants, Subcontractors and Equipment Suppliers

					
				14

				
	
				3.2

					
				Payments
				  to Subcontractors
 	
				15

				
	
				3.3

					
				Major
				  Subcontractors
 	
				15

				
	
				3.4

					
				Subcontract
				  Provisions
 	
				15

				
	
				3.5

					
				Subcontractor
				  Insurance
 	
				15

				
	
				3.6

					
				No
				  Privity with Subcontractors
 	
				16

				
	 	 	 
	
				ARTICLE
				  4
 	
				Price
				  and Payment
 	
				16

				
	
				4.1

					
				Contract
				  Price
 	
				16

				
	
				4.2

					
				Taxes

					
				16

				
	
				4.3

					
				Payment
				  Schedule
 	
				17

				
	
				4.4

					
				Payment
				  Upon Termination
 	
				18

				
	
				4.5

					
				Performance
				  Security
 	
				19

				
	 	 	 
	
				ARTICLE
				  5
 	
				Client
				  Services
 	
				19

				
	
				5.1

					
				Client’s
				  Representative
 	
				19

				
	
				5.2

					
				Facility
				  Site
 	
				19

				
	
				5.3

					
				Permits

					
				20

				
	
				5.4

					
				Operating
				  Personnel
 	
				20

				
	
				5.5

					
				Consumables
				  and Spare Parts
 	
				20

				
	
				5.6

					
				Client’s
				  Scope
 	
				20

				
	
				5.7

					
				Other
				  Client Scope
 	
				21

				
	 	 	 
	
				ARTICLE
				  6
 	
				Completion
				  and Acceptance of Project
 	
				21

				
	
				6.1

					
				Mechanical
				  Completion
 	
				21

				
	
				6.2

					
				Startup

					
				22

				
	
				6.3

					
				Testing

					
				22

				
	
				6.4

					
				Report

					
				23

				
	
				6.5

					
				Provisional
				  Acceptance
 	
				23

				

 

	  

	 i

	  

	 
 
	  

	 Table
		of Contents

	 (continued)

	  

	 
			 	 	
				Page

				
	
				6.6

					
				Substantial
				  Completion
 	
				25

				
	
				6.7

					
				Project
				  Completion
 	
				27

				
	 	 	 
	
				ARTICLE
				  7
 	
				Completion
				  Dates
 	
				28

				
	
				7.1

					
				Guaranteed
				  Completion Dates
 	
				28

				
	
				7.2

					
				Late
				  Completion Payments
 	
				28

				
	
				7.3

					
				Early
				  Completion Bonus
 	
				29

				
	 	 	 
	
				ARTICLE
				  8
 	
				Project
				  Guarantees and Remedies
 	
				30

				
	
				8.1

					
				Performance
				  Guarantees
 	
				30

				
	
				8.2

					
				Payments
				  Reasonable
 	
				30

				
	
				8.3

					
				Payment

					
				30

				
	
				8.4

					
				Exclusive
				  Remedy
 	
				30

				
	 	 	 
	
				ARTICLE
				  9
 	
				Liability
				  and Damages
 	
				31

				
	
				9.1

					
				Limitation
				  of Liability for Articles 7 and 8 Payments
 	
				31

				
	
				9.2

					
				Consequential
				  Damages
 	
				31

				
	
				9.3

					
				Aggregate
				  Liability of Contractor
 	
				31

				
	
				9.4

					
				Applicability
				  of Disclaimers
 	
				32

				
	
				9.5

					
				Precedence
				  and Survival
 	
				32

				
	
				9.6

					
				Survival

					
				32

				
	 	 	 
	
				ARTICLE
				  10
 	
				Warranties
				  and Guarantees of Contractor
 	
				32

				
	
				10.1

					
				Warranties
				  and Guarantees
 	
				32

				
	
				10.2

					
				Standard
				  of Performance
 	
				34

				
	
				10.3

					
				No Liens
				  or Encumbrances
 	
				34

				
	
				10.4

					
				Limitation
				  of Warranties
 	
				34

				
	 	 	 
	
				ARTICLE
				  11
 	
				Force
				  Majeure
 	
				34

				
	
				11.1

					
				Force
				  Majeure Event
 	
				34

				
	
				11.2

					
				Excused
				  Performance
 	
				35

				
	 	 	 
	
				ARTICLE
				  12
 	
				Scope
				  Changes
 	
				36

				
	
				12.1

					
				Scope
				  Changes
 	
				36

				
	
				12.2

					
				Procedure
				  for Scope Changes
 	
				36

				
	
				12.3

					
				Scope
				  Changes Due to Contractor Error
 	
				37

				
	
				12.4

					
				Scope
				  Changes Due to Changes in Law
 	
				37

				
	
				12.5

					
				Effect
				  of Force Majeure Event
 	
				37

				
	
				12.6

					
				Client-Caused
				  Changes
 	
				37

				
	
				12.7

					
				Effectiveness;
				  Continued Performance Pending Resolution of Disputes
 	
				38

				
	
				12.8

					
				Documentation

					
				38

				
	
				12.9

					
				Scope
				  Change Order Constitutes Complete Relief
 	
				38

				

 

	  

	 ii

	 
 
	  

	 Table
		of Contents

	 (continued)

	  

	 
			 	 	
				Page

				
	
				ARTICLE
				  13
 	
				Indemnification

					
				38

				
	
				13.1

					
				General
				  Indemnification
 	
				38

				
	
				13.2

					
				Intellectual
				  Property Infringement
 	
				40

				
	
				13.3

					
				Liens

					
				41

				
	
				13.4

					
				Notice
				  and Legal Defense
 	
				41

				
	
				13.5

					
				Settlement
				  of Claims
 	
				42

				
	 	 	 
	
				ARTICLE
				  14
 	
				Insurance

					
				42

				
	
				14.1

					
				Not
				  Used
 	
				42

				
	
				14.2

					
				Insurance
				  Obtained by Contractor
 	
				42

				
	 	 	 
	
				ARTICLE
				  15
 	
				Termination

					
				46

				
	
				15.1

					
				Termination
				  for Client’s Convenience
 	
				46

				
	
				15.2

					
				Termination
				  upon Client’s Default
 	
				46

				
	
				15.3

					
				Termination
				  upon Contractor’s Default
 	
				47

				
	
				15.4

					
				Consequences
				  of Termination
 	
				48

				
	
				15.5

					
				Surviving
				  Obligations
 	
				49

				
	 	 	 
	
				ARTICLE
				  16
 	
				Assignments

					
				49

				
	
				16.1

					
				Consent
				  Required
 	
				49

				
	
				16.2

					
				Contractor’s
				  Right to Assign to Affiliates
 	
				49

				
	
				16.3

					
				Successors
				  and Assigns
 	
				49

				
	 	 	 
	
				ARTICLE
				  17
 	
				Design
				  Documents
 	
				50

				
	
				17.1

					
				Client
				  Review
 	
				50

				
	
				17.2

					
				Review
				  Not Release of Obligations
 	
				50

				
	
				17.3

					
				Final
				  Documents
 	
				50

				
	
				17.4

					
				Ownership

					
				50

				
	 	 	 
	
				ARTICLE
				  18
 	
				Confidential
				  Information
 	
				51

				
	
				18.1

					
				Confidentiality

					
				51

				
	 	 	 
	
				ARTICLE
				  19
 	
				Differing
				  Site Conditions
 	
				51

				
	
				19.1

					
				Differing
				  Site Conditions
 	
				51

				
	 	 	 
	
				ARTICLE
				  20
 	
				Dispute
				  Resolution
 	
				52

				
	
				20.1

					
				Applicability
				  of Resolution Procedures
 	
				52

				
	
				20.2

					
				Management
				  Discussions
 	
				52

				
	
				20.3

					
				Arbitration

					
				52

				
	
				20.4

					
				Obligations
				  Continue
 	
				52

				

 

	  

	 iii

	  

	 
 
	  

	 Table
		of Contents

	 (continued)

	  

	 
			 	 	
				Page

				
	
				ARTICLE
				  21
 	
				[Intentionally
				  Left Blank]
 	
				53

				
	 	 	 
	
				ARTICLE
				  22
 	
				Independent
				  Contractor
 	
				53

				
	
				22.1

					
				Contractor
				  as Independent Contractor
 	
				53

				
	 	 	 
	
				ARTICLE
				  23
 	
				Representations

					
				53

				
	
				23.1

					
				Representations

					
				53

				
	 	 	 
	
				ARTICLE
				  24
 	
				Miscellaneous

					
				54

				
	
				24.1

					
				Past Due
				  Amounts
 	
				54

				
	
				24.2

					
				Delay
				  not Waiver
 	
				54

				
	
				24.3

					
				Choice
				  of Law
 	
				55

				
	
				24.4

					
				Severability

					
				55

				
	
				24.5

					
				Notice

					
				55

				
	
				24.6

					
				Section
				  Headings
 	
				56

				
	
				24.7

					
				Amendments

					
				56

				
	
				24.8

					
				Not
				  Used
 	
				56

				
	
				24.9

					
				No Third
				  Party Rights
 	
				56

				
	
				24.10

					
				Survival
				  of Provisions
 	
				56

				
	
				24.11

					
				Title to
				  the Project
 	
				56

				
	
				24.12

					
				Counterparts

					
				56

				
	
				24.13

					
				Entire
				  Agreement
 	
				56

				

 

	  

	 iv

	  

	 
 
	 APPENDICES

	 

	 
			
				Appendix
				  A
 	
				Scope of
				  Work
 
	 	 
	
				Appendix
				  A-1
 	
				Performance
				  Test Protocols
 
	 	 
	
				Appendix
				  A-2
 	
				Performance
				  Guarantees and Liquidated Damages
 
	 	 
	
				Appendix
				  B-1
 	
				Preliminary
				  Schedule of Values
 
	 	 
	
				Appendix
				  B-2
 	
				Form of
				  Progress Invoice
 
	 	 
	
				Appendix
				  C
 	
				Project
				  Schedule Summary
 
	 	 
	
				Appendix
				  D
 	
				Delta-T
				  License Agreement
 
	 	 
	
				Appendix
				  E-1
 	
				Form of
				  Notice to Proceed
 
	 	 
	
				Appendix
				  E-2 
 	
				Form of
				  Limited Notice to Proceed
 
	 	 
	
				Appendix
				  F
 	
				Certificate
				  of Financing
 
	 	 
	
				Appendix
				  G-1
 	
				Contractor
				  Final Lien
				  Waiver and Release Form
 
	 	 
	
				Appendix
				  G-2
 	
				Contractor
				  Conditional Lien Waiver and Release Form
 
	 	 
	
				Appendix
				  G-3
 	
				Subcontractor’s
				  Final Lien Waiver and Release Form
 
	 	 
	
				Appendix
				  H
 	
				Major
				  Subcontractors
 
	 	 
	
				Appendix
				  I
 	
				Not
				  Used
 
	 	 
	
				Appendix
				  J
 	
				Not
				  Used
 
	 	 
	
				Appendix
				  K
 	
				Unit
				  Rates for Labor and Construction Equipment
 
	 	 
	
				Appendix
				  L
 	
				Air
				  Permit
 
	 	 
	
				Appendix
				  M-1
 	
				Form of
				  Guarantee
 
	 	 
	
				Appendix
				  M-2
 	
				Form of
				  Performance Bond
 

 

	  

	 v

	 
 
	 ENGINEERING,
		PROCUREMENT & CONSTRUCTION AGREEMENT

	  

	 THIS
		ENGINEERING, PROCUREMENT & CONSTRUCTION AGREEMENT (“Agreement”)
		is made as of April 28, 2006 (“Effective
		Date”),
		by and between Pioneer Trail Energy, LLC, a limited liability company organized
		and existing under the laws of the state of Delaware (“Client”)
		and TIC - The Industrial Company Wyoming, Inc., a corporation organized and
		existing under the laws of the state of Wyoming (“Contractor”).

	  

	 RECITALS

	  

	 A. Client
		desires that Contractor design, engineer, procure, construct, Startup, and test
		the Facility (as hereinafter defined), other than as provided in this Agreement
		for items within Client’s Scope (as hereinafter defined), as set forth in
		this Agreement.

	  

	 B. Contractor
		desires to furnish the Work (as hereinafter defined) on a fixed price, turnkey
		basis with a guaranteed completion date and in accordance with the terms and
		conditions specified in this Agreement.

	  

	 NOW,
		THEREFORE, in consideration of the premises and the mutual covenants setout in
		this Agreement, the Parties (as hereinafter defined), intending to be legally
		bound, agree as follows:

	  

	 ARTICLE
		1

	  

	 Definitions
		and Interpretation

	  

	 1.1 Definitions. As
		used in the Agreement, the following terms shall have the following
		meanings:

	  

	 “Advance
		Payments”
		has the meaning set forth in Section
		2.2(b).

	  

	 “Agreement”
		means this document consisting of Articles 1 through
		24 and the
		Appendices
		A through
		M-2.

	  

	 “Air
		Permit”
		means the Project’s air permit (Permit No. CP05-0030), attached as
		Appendix
		L
		hereto.

	  

	 “Applicable
		Laws”
		means laws, ordinances, judgments, decrees, injunctions, writs, rules,
		regulations, orders and interpretations of any Governmental Authority,
		including Applicable Permits, as may be in effect at the time of
		Contractor’s performance under this Agreement.

	  

	 “Applicable
		Permits”
		means all permits, approvals and authorizations required to be obtained or
		maintained in connection with construction of the Facility on the Facility Site
		and performance of the Work, including the Client Permits and the Contractor
		Permits. 

	  

	 1

	  

	 
 
	  

	 “Client”
		means Pioneer Trail Energy LLC, a limited liability company organized and
		existing under the laws of the State of Delaware, and its successors and
		permitted assigns.

	  

	 “Client
		Indemnified Parties”
		shall have the meaning set forth in Section 13.1.1.

	  

	 “Client
		Permits”
		shall have the meaning set forth in Section 5.3.

	  

	 “Client’s
		Representative”
		shall have the meaning set forth in Section 5.1.

	  

	 “Client’s
		Scope”
		shall have the meaning set forth in Section 5.6.

	  

	 “Commencement
		Date”
		means the date on which Contractor is to commence performance of the Work
		(other than as specified by the Limited Notice to Proceed), as specified in the
		Notice to Proceed delivered to Contractor by Client pursuant to Section 2.2(a).

	  

	 “Consumption
		Guarantees”
		means the natural gas and electricity consumption guarantees set forth in
		Section 1.2.2 of Appendix
		A-2.

	  

	 “Contract
		Documents”
		means the Agreement, the executed Limited Notice to Proceed, the executed
		Notice to Proceed and all Scope Change Orders, in each case, as they may be
		amended, modified or supplemented from time to time, and which by this
		reference are incorporated.

	  

	 “Contract
		Price”
		shall have the meaning set forth in Section 4.1.

	  

	 “Contractor”
		means TIC – The Industrial Company Wyoming, Inc. (“TIC”),
		a corporation organized and existing under the laws of the state of Wyoming,
		and its successors and permitted assigns.

	  

	 “Contractor
		Indemnified Parties”
		shall have the meaning set forth in Section 13.1.2.

	  

	 “Contractor
		Permits”
		shall have the meaning set forth in Section 2.1.5.1.

	  

	 “Contractor
		Taxes”
		shall have the meaning in Section
		4.2.

	  

	 “Contractor
		Technology”
		means all confidential information included in the process information,
		designs, software and other documents delivered by Contractor to Client under
		this Agreement or embodied in the Facility or Contractor’s
		Equipment.

	  

	 “Contractor’s
		Equipment”
		means materials, equipment, tools, appliances and items of whatsoever nature
		required by Contractor for the purposes of Contractor’s furnishing of the
		Work, but not including materials, equipment, appliances or items intended to
		form, or forming, part of the Facility.

	  

	 “Contractor’s
		Representative”
		shall have the meaning set forth in Section 2.6.

	  

	 2

	  

	 
 
	  

	 “Corrective
		Action”
		has the meaning set forth in Section 6.3.1(b).

	  

	 “Corrective
		Action Plan”
		shall be any plan by Contractor to take action required pursuant to
		Section 6.3.1(b).

	  

	 “DDGS”
		means distiller’s dried grains and solubles.

	  

	 “Delta-T
		License Agreement”
		shall have the meaning set forth in Section 17.4.

	  

	 “Design
		Documents”
		shall have the meaning set forth in Section 2.1.2.

	  

	 “Dispute”
		shall have the meaning set forth in Section 20.1.

	  

	 “Early
		Completion Payments”
		shall have the meaning set forth in Section 7.3.

	  

	 “Extended
		Warranty Period”
		shall have the meaning set forth in Section 10.1.4.

	  

	 “Facility” means
		the ethanol plant and related facilities to be located in Woodriver, Nebraska,
		as more fully described in Appendix
		A.

	  

	 “Facility
		Site” means
		the parcel of land in Hall County, Nebraska, on which the Facility will be
		located, as more particularly described in Appendix A.

	  

	 “Financing
		Parties”
		means (i) any and all lenders providing the construction, interim or long-term
		financing (including a synthetic lease) or any other refinancing thereof for
		the Project, and any trustee or agent acting on their behalf, and (ii) any and
		all equity investors providing financing or refinancing for the Project, and
		any trustee or agent acting on their behalf.

	  

	 “Force
		Majeure Event”
		shall have the meaning set forth in Section 11.1.

	  

	 “Good
		Practices”
		means those practices, methods, acts, techniques, and standards as may be
		followed or employed at the time of performance of the Work, and which (i) are
		generally accepted for use in the ethanol production industry, in connection
		with project management, design, engineering and construction of an ethanol
		production facility of the same or similar size and type as the Facility in the
		region in which the Facility is located, (ii) are commonly used in ethanol
		plant design engineering, construction, project management and operations for
		projects of a similar size, type and complexity as the Facility, and (iii)
		would be expected if the Work is performed in a manner consistent with
		Applicable Laws and the objectives of reliability, safety, environmental
		protection, economy and expediency.

	  

	 “Governmental
		Authority”
		means any federal, state, local, municipal or other governmental body or agency
		or subdivision thereof, including any legislative or judicial body, having or
		asserting jurisdiction over Client or Contractor, and their respective agents
		and parent corporations or over any part or all of the construction of the
		Facility on the Facility Site, the performance of the Work or the ownership or
		operation of the Facility.

	  

	 3

	  

	 
 
	  

	 “Guaranteed
		Completion Dates”
		means each of the Guaranteed Provisional Acceptance Date, the Guaranteed
		Substantial Completion Date and the Guaranteed Project Completion
		Date.

	  

	 “Guaranteed
		Performance Conditions”
		means all conditions upon which the Performance Guarantees are contingent, as
		defined in Appendix A.

	  

	 “Guaranteed
		Project Completion Date”
		means the date that is [*] days after the Guaranteed Provisional Acceptance
		Date.

	  

	 “Guaranteed
		Provisional Acceptance Date”
		means the date that is [*] days after the date that Client delivers to
		Contractor the Notice to Proceed .

	  

	 “Guaranteed
		Substantial Completion Date”
		means the date that is the earlier to occur of (i) [*] days after the Project
		maximum capacity has been achieved or (ii) [*] days after start-up of the
		Plant, as determined in accordance with the Air Permit.

	  

	 “Guarantor”
		means TIC Holdings, Inc.

	  

	 “Hazardous
		Materials”
		means: (i) petroleum or any of its fractions, flammable substances,
		explosives, radioactive materials, hazardous wastes or substances, toxic wastes
		or substances or any other similar materials or pollutants which pose a hazard
		to the Facility Site, or to persons on or about same, or cause the Facility
		Site to be in violation of any law or local approval, or are defined as or
		included in the definition of “hazardous substances”, “hazardous
		wastes”, “hazardous materials”, or “toxic”, or words
		of similar import under any Applicable Law, including, but not limited to:
		(A) the Comprehensive Environmental Response, Compensation and Liability
		Act of 1980, as amended, 42 U.S.C. § 9601, et seq.; (B) the Hazardous
		Materials Transportation Act, as amended, 49 U.S.C. § 1801, et seq.;
		(C) the Resource Conservation and Recovery Act, as amended, 42 U.S.C.
		§ 6901, et seq.; and (D) regulations adopted and publications
		promulgated pursuant to the aforesaid laws; (ii) asbestos in any form
		which is or could become friable, urea formaldehyde foam insulation,
		transformers or other equipment which contain dielectric fluid containing
		levels of polychlorinated biphenyls in excess of 50 parts per million; and
		(iii) any other chemical, material or substance exposure to which is
		prohibited, limited or regulated by any Governmental Authority under any
		environmental laws.

	  

	 “Indemnified
		Parties”
		means the Client or Client Indemnified Parties or Contractor or Contractor
		Indemnified Parties or other persons or entities or any combination thereof, as
		the context or the usage of such term may require.

	  

	 “Late
		Completion Payments”
		shall have the meaning set forth in Section 7.2.1.

	  

	 “Liens”
		shall have the meaning set forth in Section 13.3.

	  

	 “Limited
		Notice to Proceed”
		shall have the meaning set forth in Section 2.2(b).

	  

	 4

	  

	 

	 *
		Certain confidential information on this page has been omitted and filed
		separately with the Securities and Exchange Commission.

	  

	 “Major
		Subcontract”
		means
		any subcontract of Contractor for the provision of equipment, the value of
		which subcontract exceeds $1,000,000.00 in the aggregate.

	  

	 “Major
		Subcontractor”
		means any Subcontractor party to a Major Subcontract.

	  

	 “Mechanical
		Completion”
		means that the following has occurred: (i) all equipment, components, and
		systems of the Facility necessary for operation of the Facility to produce
		ethanol, including items within Client’s Scope, have been physically
		constructed and installed in accordance with this Agreement; (ii) the
		Contractor has completed the checkout, including, but not limited to, equipment
		alignment, rotation, and lubrication and hydrostatic testing, ground fault
		tests, calibration, and continuity checks, and has developed turnover packages,
		including providing records of inspection and testing, in accordance with the
		applicable start-up procedures required prior to Startup; (iii)
		the Facility is ready for commencement of Startup (i.e. including, but not
		limited to, loop checks, relay checks, and functional checkout completed to
		support commencement of Startup); (iv) the first draft of the Operating Manuals
		shall have been transferred from Contractor to Client; and (v) the relevant
		portion of Contractor’s training program for Client’s operation and
		maintenance personnel has been completed. Mechanical Completion does not
		require completion of insulation, painting, architectural work/finishes, final
		grading and any other portion of the Work not necessary to satisfy the
		foregoing requirements and not affecting the operability, safety, or mechanical
		integrity of the Facility.

	  

	 “Monthly
		Progress Report”
		means a written report issued monthly by Contractor containing the following
		information: (i) a description of the status of Contractor’s
		activities and engineering, manufacturing and construction progress as compared
		with the Project Schedule (as updated from time to time), including a
		completion percentage chart which outlines, month by month, completion progress
		of the Work, (ii) an identification and evaluation of problems and
		deficiencies in the Work (including an evaluation of any factors which are
		anticipated to have a material effect on the Project Schedule), (iii) a
		detailed description of the portions of the Schedule of Values achieved and the
		Work performed prior to the last date covered by the Monthly Progress Report
		and the extent to which Progress Payments therefore have been received,
		(iv) the status of material and equipment deliveries, (v) safety
		statistics required under Applicable Laws, and (vi) such other information
		as may be requested by Client and agreed to by Contractor, which agreement
		shall not be unreasonably withheld. 

	  

	 “Notice
		of Mechanical Completion”
		shall have the meaning set forth in Section 6.1(a).

	  

	 “Notice
		of Project Completion”
		shall have the meaning set forth in Section 6.7.2.

	  

	 “Notice
		of Provisional Acceptance”
		shall have the meaning set forth in Section 6.5.2.

	  

	 “Notice
		of Substantial Completion”
		shall have the meaning set forth in Section 6.6.2.

	  

	 “Notice
		to Proceed”
		shall have the meaning set forth in Section 2.2(a).

	  

	 5

	  

	 
 
	  

	 “Operating
		Manuals”
		shall mean the information manuals concerning training of Client’s
		operators and operation and maintenance procedures as prepared in accordance
		with and pursuant to the procedures set forth in Article 17 and
		Appendix A.

	  

	 “Party”
		or “Parties”
		means either Client or Contractor or both, as the context or the usage of such
		term may require.

	  

	 “Parent
		Guarantee”
		means a payment and performance guaranty from Guarantor in the form attached as
		Appendix
		M-1, which
		may be required to be provided by Contractor in accordance with Section
		4.5.

	  

	 “Performance
		Bond”
		shall mean a performance bond, in the
		amount of 100% of the Contract Price, in the form attached as Appendix
		M-2, which
		may be required to be provided by Contractor in accordance with Section
		4.5.

	  

	 “Performance
		Guaranty Payments”
		shall have the meaning set forth in Section
		8.1.1.

	  

	 “Performance
		Guarantees”
		shall have the
		meaning set forth in Section
		8.1.1.

	  

	 “Performance
		Security”
		shall mean the Parent Guarantee or the Performance Bond, as
		applicable.

	  

	 “Performance
		Tests”
		shall mean the tests
		set forth under Appendix
		A-1 and A-2. 

	  

	 “Permit”
		means any valid waiver, exemption, variance, franchise, permit, authorization,
		license or similar order of or from any Governmental Authority.

	  

	 “Person”
		means any individual, corporation, partnership, limited liability company,
		association, joint stock company, trust, unincorporated organization, joint
		venture, government or political subdivision or agency thereof.

	  

	 “Preliminary
		Schedule of Values”
		means the document set forth as Appendix B-1.

	  

	 “Production
		Guarantee”
		means the ethanol production guarantee set forth in Section1.2.1 of
		Appendix
		A-2,

	  

	 “Progress
		Invoice”
		mean an invoice to be provided in accordance with Section
		4.3.1(a), in the
		form set forth in Appendix B-2.

	  

	 “Progress
		Payments”
		shall have the meaning set forth in Section 4.3.1(a).

	  

	 “Project”
		means the Work, including all equipment, labor, and materials to be furnished
		to Client by Contractor under this Agreement, all as described in greater
		detail in Appendix A, and
		which shall be performed in accordance with the provisions of the Contract
		Documents, all Applicable Laws, governmental authorizations, Good Practices and
		recommended equipment supplier guidelines.

	  

	 6

	  

	 
 
	  

	  

	 “Project
		Completion”
		means the actual acceptance by Client of the completed Facility in accordance
		with the provisions of Section 6.7.

	  

	 “Project
		Guarantees”
		means the Performance Guarantees, and the guarantees and warranties set forth
		in Article 8
		and
		Article 10.

	  

	 “Project
		Schedule”
		shall have the meaning set forth in Section 2.1.14.

	  

	 “Project
		Schedule Summary”
		shall have the meaning set forth in
		Section 2.1.14.

	  

	 “Project
		Taxes”
		shall have the meaning in Section
		4.2.

	  

	 “Provisional
		Acceptance”
		shall occur when Contractor satisfies the requirements specified in
		Section
		6.5.

	  

	 “Punch
		List”
		means the list which sets forth those items of Work pertaining to the
		performance or documentation of the Project that remain to be completed for the
		Project to comply with the standards and requirements set forth in this
		Agreement. As of the date of Mechanical Completion, Contractor shall list those
		items of Work that remain to be performed with respect to the construction,
		erection, and installation of the Work; provided, however, such list shall
		include only those items of Work (i) that do not preclude the Facility or a
		system of the Facility from commencing with the conduct of Startup, (ii) the
		absence of which does not create any occupational hazard or hazard to the Work,
		and (iii) the completion of which is not expected to affect or unreasonably
		interrupt or interfere with the operability, safety, or mechanical integrity of
		the Facility in accordance with Good Practices. As of the date of Provisional
		Acceptance, the Punch List shall not include any items of Work, alone or in the
		aggregate, the non-completion of which (i) prevents the Facility from being
		used for the production of ethanol or in accordance with Applicable Laws, or
		(ii) prevents the Facility from being legally, safely and reliably placed in
		operation, or (iii) in the exercise of reasonable engineering judgment and Good
		Practices could have a material adverse effect on the operation or efficiency
		of the Facility.

	  

	 “Retainage”
		shall have the meaning set forth in Section 4.3.1(a).

	  

	 “Schedule
		of Values”
		shall have the meaning set forth in Section 4.3.1(a).

	  

	 “Scope
		Change”
		means any addition to, deletion from, suspension of or other modification of
		this Agreement approved by Client or Client’s Representative, which
		necessitates a change in one or more of the Contract Price, the Guaranteed
		Completion Dates, the Payment Schedule, the Project Schedule or the Project
		Guarantees or any other condition of this Agreement in accordance with the
		terms of Article 12.

	  

	 “Scope
		Change Order”
		means a written order to Contractor issued and signed by Client or
		Client’s Representative authorizing a Scope Change.

	  

	 7

	  

	 
 
	  

	  

	 “Scope
		Change Order Notice”
		means a written notice issued by Contractor or Contractor’s Representative
		requesting a Scope Change, submitted to Client or Client’s Representative
		pursuant to the terms of Section 12.2.1.

	  

	 “Scope
		Change Order Request”
		means a written notice issued by Client or Client’s Representative to
		Contractor or Contractor’s Representative pursuant to terms of
		Section 12.2.2.

	  

	 “Scope
		of Work”
		shall mean the Work described in Appendix
		A.

	  

	 “Startup”
		means the process, after Mechanical Completion, of starting and completing
		initial operation of the systems, sub-systems, and components of the
		Facility.

	  

	 “Subcontractors”
		shall have the meaning set forth in Section 3.1.

	  

	 “Substantial
		Completion”
		shall occur when Contractor satisfies the requirements specified in
		Section
		6.6.
		

	  

	 “Termination
		Payment”
		shall have the meaning set forth in Section 4.4.

	  

	 “Warranty
		Period”
		shall have the meaning set forth in Section 10.1.4.

	  

	 “Work”
		shall have the meaning set forth in Section 2.1.

	  

	 “Yield
		Guarantee”
		means the ethanol yield guarantee set forth in Section
		1.2.1 of
		Appendix
		A-2.

	  

	 1.2 Interpretation.

	  

	 (a) Rules
		of Usage. In
		this Agreement, unless the context otherwise requires, the singular shall
		include the plural and vice versa. The terms “include,”
		“includes” and “including” when used in the Contract
		Document shall be deemed to be followed by the words “without
		limitation.” References to a Section or Appendix shall be a reference to a
		Section of or Appendix to this Agreement. Time periods expressed as a number of
		days shall mean calendar days, unless otherwise noted. Reference to a given
		agreement or instrument shall be a reference to that agreement or instrument as
		modified, amended, supplemented and restated through the date as of which such
		reference is made.

	  

	 (b) Conflicting
		Provisions. Either
		Party shall promptly notify the other in writing of any apparent ambiguity,
		conflict or inconsistency among any parts of this Agreement. The Parties will
		then meet to resolve such conflict, ambiguity or inconsistency. If the Parties
		are unable to resolve such conflict, ambiguity or inconsistency, it shall be
		resolved in accordance with Article 20. Unless
		expressly stated otherwise in this Agreement, in case of conflict between
		provisions of this Agreement, the order of precedence for conflict resolution
		in descending order shall be as follows: 

	  

	 8

	  

	 
 
	  

	  

	 (i) the
		Contract Documents, (ii) Appendices A,
		A-1 and A-2,
		(iii) Appendix C,
		(iv) Appendix B-1, and
		(v) the remaining Appendices in alphabetical order.

	  

	 ARTICLE
		2

	  

	 Contractor’s
		Work and Other Obligations

	  

	 2.1 Work
		to be Performed. Except
		as otherwise expressly set forth in Article 5,
		Contractor
		shall perform or cause to be performed all work and services required in
		connection with the design, engineering, procurement, construction,
		construction management, testing and Startup of the Facility so it conforms to
		and performs in accordance with the terms of the Contract Documents, all
		Applicable Laws, Governmental Authorizations, Good Practices and recommended
		equipment supplier guidelines (the “Work”).

	  

	 2.1.1 Engineering,
		Design, Construction and Construction Management.

	  

	 2.1.1.1 Engineering
		and Design.
		Without limiting the generality of Section 2.1,
		Contractor shall provide engineering and design services necessary for
		completion of the Facility so that it conforms to and performs in accordance
		with the Contract Documents, all Applicable Laws, Governmental Authorizations,
		Good Practices and recommended equipment supplier guidelines, including (a)
		preparation of (i) conceptual design and (ii) the engineering and detailed
		design necessary to describe the Work, (b) provision of specifications and
		criteria for the detailed design by suppliers of equipment, materials and
		systems for incorporation into the Work, and (c) preparation of drawings,
		plans, bills of material, schedules and estimates.

	  

	 2.1.1.2 Construction
		and Construction Management.
		Without limiting the generality of Section 2.1,
		Contractor shall develop a construction plan for the Work and oversee and
		coordinate the construction of the Project so that it shall conform to and
		perform in accordance with the terms of this Agreement. Contractor shall
		require the Subcontractors to perform the Subcontracts in accordance with the
		relevant requirements of this Agreement. Contractor shall establish and
		maintain management control systems for the Work and provide construction
		management services so that the Work conforms to and performs in accordance
		with the terms of this Agreement.

	  

	 2.1.2 Documentation
		and Manuals.
		Subject to Article 17,
		Contractor shall submit to Client as they become available from time to time
		during their preparation, copies of the Operating Manuals and the other
		documents and manuals listed in Appendix A
		(collectively, the “Design
		Documents”).
		Except for those Design Documents in Appendix A, all
		submittals shall be for information purposes only.

	  

	 2.1.3 Procurement.
		Without limiting the generality of Section 2.1,
		Contractor shall procure and pay for, in Contractor’s name as an
		independent contractor and not as agent for Client, labor, materials, equipment
		(which shall be new, unused and shall meet Good Practices), supplies,
		manufacturing and related services (whether on or off the Facility Site) which
		are 

	  

	 9

	  

	 
 
	  

	 required
		for completion of the Work in accordance with the Contract Documents and which
		are not explicitly specified as items within Client’s Scope.

	  

	 2.1.4 Labor
		and Personnel.
		Contractor shall provide, or shall cause the Subcontractors to provide,
		adequate labor and personnel required to complete the Work and achieve
		Mechanical Completion, and to achieve Provisional Acceptance, Substantial
		Completion and Project Completion on or before the respective Guaranteed
		Completion Dates, including without limitation: (a) professional engineers
		legally qualified to perform engineering services in the applicable
		jurisdiction; (b) a project manager or other representative who shall be fully
		acquainted with the Project and shall have the authority to administer the
		Agreement on behalf of Contractor. Client
		acknowledges that Contractor is not a licensed or authorized architect or
		engineer in the State of Nebraska and that Contractor will furnish all design
		and engineering services required under the Contract Documents by way of
		subcontract or other agreement with qualified, licensed and authorized design
		and engineering professionals. Client agrees to not assert Contractor’s
		lack of registration or licensing in the State of Nebraska as a designer,
		engineer or architect as a defense to any action by the
		Contractor.

	  

	 2.1.5 Permitting.

	  

	 2.1.5.1 Contractor
		Permits.
		Contractor
		shall obtain and maintain in effect (i) Permits pertaining to Contractor’s
		performance of its obligations under the Contract Documents (collectively,
		“Contractor
		Permits”).

	  

	 2.1.5.2 Client
		Permits. The
		permits which shall be provided by Client to support Contractor’s
		performances and construction are the Client Permits. All other construction
		permits shall be Contractor’s responsibility.

	  

	 2.1.5.3 Permitting
		Support.
		Contractor and Client shall timely provide requested necessary information and
		documents to assist each other in obtaining Applicable Permits. Unless
		Contractor shall have failed to comply with the immediately preceding sentence,
		Contractor shall not be responsible for any delay in achieving the Guaranteed
		Completion Dates due to any failure to obtain Client Permits.

	  

	 2.1.6 Inspection
		and Expediting.
		Contractor shall perform the inspection, expediting, quality surveillance and
		traffic services for performance of the Work.

	  

	 2.1.6.1 Transportation. Except
		for items within Client’s Scope, Contractor shall be responsible for the
		transportation, shipping, and receiving of materials, equipment, supplies and
		all other items required for the Work (including materials, supplies and
		equipment required for construction activities). Except for items within
		Client’s Scope, Contractor shall provide for the security of all such
		items while in transport to the Facility Site, and for all such items
		(including items within Client’s Scope) while in storage off or on the
		Facility Site.

	  

	 10

	  

	 
 
	  

	  

	 2.1.7 Storage
		and Related Matters.
		Contractor shall warehouse or otherwise store (in accordance with
		manufacturers’ recommendations and Applicable Laws) materials, supplies
		and equipment required for permanent and temporary construction. 

	  

	 2.1.8 Utilities,
		Chemicals and Spare Parts.

	  

	 During
		construction of the Facility, Contractor shall provide the temporary
		distribution systems within the Facility Site for construction power, water,
		sewage and waste disposal services and for the disposal of sewage and
		Contractor-generated and Subcontractor-generated wastes in accordance with
		Applicable Laws, as necessary to enable Contractor to perform the Work. The
		Contract Price shall include, and Contractor shall provide, (i) initial
		charge of desiccants, lubricants and hydraulic fluids, (ii) all consumables,
		other than consumables to be provided by Client pursuant to Section 5.5, as
		necessary to perform the Work and (iii) all
		spare parts required for the Startup and Commissioning of the Facility in
		accordance with Good Practices. Contractor shall replenish any such consumables
		until Provisional Acceptance.

	  

	 2.1.9 Testing.
		Contractor shall perform, and to the extent necessary due to a deficiency in
		the Work, re-perform the Performance Tests in accordance with the provisions of
		this Agreement until each such test has been successfully completed and has
		demonstrated it has met the requirements for Substantial
		Completion.

	  

	 2.1.10 Startup
		and Initial Operation. The
		Work shall include the start-up of components, calibration of controls and
		equipment, tuning, initial operation of the Facility and each portion thereof,
		function and verification tests, and other Startup and initial operation
		functions pertaining to the Facility. 

	  

	 2.1.11 Personnel
		Training. Client
		will provide an adequate number of qualified personnel required to operate the
		Facility during Startup, as further detailed in Appendix A
		and
		Appendix C. If, in
		the reasonable opinion of Contractor, the Client provided personnel are not
		qualified, Contractor has the right to reject such personnel and Client shall
		replace such rejected personnel with qualified replacements. Prior to Startup,
		Contractor shall provide training to Client’s or its designee’s
		personnel in the operation of the Facility, including on-the-job and safety
		training, all as more fully described in Appendix A. Such
		training shall be designed to offer instruction and training to experienced
		personnel and shall be of such quality so as to provide personnel of Client or
		its designee with a comprehensive coverage of the operational aspects of the
		Facility. Training shall include instruction from the Subcontractors, as
		appropriate. Contractor will provide appropriate manuals and other written
		materials as part of the training program. In addition, Contractor’s
		training of Client’s personnel shall include coordination of Subcontractor
		training sessions and the
		training sessions, if any, of Supplier in a manner sufficient to provide such
		personnel with an adequate understanding of the operation aspects of each
		dimension of the Facility as an integrated whole, all as more fully described
		in Appendix A.

	  

	 2.1.12 Facility
		Site Access.
		Contractor shall provide Client and its designees with access to the Facility
		Site to monitor progress of the Work and arrange for Client’s (and its
		

	  

	 11

	  

	 
 
	  

	 designees’)
		access (at reasonable times and upon reasonable notice) to the engineering,
		manufacturing and fabricating premises of Contractor and Subcontractors
		sufficient to permit Client (or its designees) to inspect Work being performed
		and monitor compliance by Contractor and the Subcontractors with the terms of
		the Contract Documents. All such access shall be subject to reasonable
		restrictions as Contractor may impose to ensure safety, security and conduct of
		the Work.

	  

	 2.1.13 Clean-Up
		and Waste Disposal.
		Contractor shall at all times keep the Facility Site in safe condition and
		shall remove waste materials, rubbish and other debris resulting from the
		performance of the Work at reasonable intervals. Contractor shall, in
		compliance with Applicable Laws, remove, transport and dispose of any Hazardous
		Material transported onto the Facility Site by or on behalf of Contractor or
		any Subcontractor, or created, used or handled as part of the Work at the
		Facility Site. Contractor shall notify Client immediately upon the discovery of
		the presence of any Hazardous Material on, or the release of Hazardous Material
		on or from, the Facility Site and following such discovery shall take no action
		to disturb or move such Hazardous Material without the written approval of
		Client. Notwithstanding anything to the contrary in this Agreement, Contractor
		shall not be responsible for the transportation, handling, storage or removal
		of any Hazardous Materials which existed at, on or in the Facility Site prior
		to commencement by Contractor of the Work.

	  

	 2.1.14 Project
		Schedule and Progress Reports.
		Attached as Appendix C, is a
		preliminary summary schedule, indicating the proposed dates for completion of
		the individual features of the Work (the “Project
		Schedule Summary”).
		Within thirty (30) days following the Commencement Date, Contractor shall
		prepare and submit to Client an electronic P3 file and hardcopy of the detailed
		baseline schedule, consistent with the Project Schedule Summary, covering dates
		for items and services to be furnished such that the Facility will achieve
		Provisional Acceptance, Substantial Completion and Project Completion by the
		applicable Guaranteed Completion Dates (the “Project
		Schedule”).
		Contractor shall keep and furnish to Client updated monthly schedules of the
		Work to be performed, including a critical path schedule, as specified in the
		Project Schedule, and Monthly Progress Reports. Such updated monthly schedules
		shall include a comparison against the baseline schedule. Contractor shall be
		responsible for ensuring that performance of the Work proceeds generally in
		accordance with the Project Schedule (as updated from time to time) and for
		coordinating the schedules of Subcontractors.

	  

	 2.2 Commencement
		of the Work.

	  

	 (a) Except
		as specified in Section 2.2(b),
		Contractor shall commence performance of the Work on the date (the
		“Commencement
		Date”)
		a written notice is delivered to Contractor in substantially the form set forth
		as Appendix E-1 (the
		“Notice
		to Proceed”).
		Client shall not deliver the Notice to Proceed and Contractor shall not be
		obligated to commence the Work unless and until funds are available for
		disbursement in an amount adequate to provide payments to Contractor of the
		Contract Price, Scope Change Orders and cancellation costs as and when due
		under this Agreement (less any 

	  

	 12

	  

	 
 
	  

	  

	 amounts
		previously paid to Contractor on or before the Commencement Date) and at
		closing of construction financing, if any, Client has provided evidence of such
		financing by providing: a) the Certificate of Financing from the Financing
		Parties (in the form of Appendix F) and b)
		copies of the executed signature pages of the Financing Parties. Except as
		agreed in connection with the Limited Notice to Proceed, any Work undertaken by
		Contractor prior to the Commencement Date shall be at Contractor’s sole
		risk and cost and Client shall have no obligation to compensate Contractor for
		Work performed under this Agreement or related to the Facility prior to the
		Commencement Date, unless this Agreement or a separate agreement in writing
		between the Parties specifies otherwise. Provided that Contractor has provided
		any Performance Security that may be required pursuant to Section
		4.5, the
		Notice to Proceed shall be accompanied by a payment in the amount of $[*],
		minus Retainage withheld in accordance with Section
		4.3.1. If, as
		of the Commencement Date, Contractor has not provided any Performance Security
		that may be required pursuant to Section
		4.5, then
		Client shall pay to Contractor $[*] (minus Retainage withheld in accordance
		with Section
		4.3.1) within
		two (2) business days after such Payment Security has been provided.
		

	  

	 (b) At least
		sixty (60) days prior to the Commencement Date, Client shall deliver to the
		Contractor a limited notice to proceed in substantially the form set forth as
		Appendix E-2 (the
		“Limited
		Notice to Proceed”).
		The Limited Notice to Proceed shall be accompanied by a payment in the amount
		of $[*] (such payment, together with any payment made in accordance with clause
		(i) or (ii) of this Section
		2.2(b), the
		“Advance
		Payments”).
		After the Limited Notice to Proceed is given, and unless the Client has
		provided the Notice to Proceed prior to the dates specified below, Client shall
		make the following additional payments to Contractor: 

	  

	 (i)
		Client shall pay Contractor the sum of [*] ($[*]) on or before the date that is
		30 days after the date of the Limited Notice to Proceed. 

	 

	 (ii)
		Client shall pay Contractor the sum of [*] ($[*]) on or before the date that is
		60 days after the date that is 60 days after the date of the Limited Notice to
		Proceed. 

	 

	 No
		Retainage shall be withheld from Advance Payments. 

	  

	 Provided
		that the Contractor has timely received the Advance Payments, Contractor shall
		commence and complete such items of Work described in Exhibit A to the Limited
		Notice to Proceed, which the Parties agree are necessary and, provided that the
		Notice to Proceed is given on or after July 1, 2006 and on or before July 31,
		2006, sufficient to support achievement of Provisional Acceptance, Substantial
		Completion and Project Completion by the respective Guaranteed Completion
		Dates. In the event that Client does not timely make an Advance Payment when
		due in accordance with this Section
		2.2(b),
		Contractor may immediately suspend its performance of the Work and Contractor
		

	  

	 13

	  

	 

	 *
		Certain confidential information on this page has been omitted and filed
		separately with the Securities and Exchange Commission.

	  

	 shall be
		entitled to a Scope Change Order to equitably adjust the Guaranteed Completion
		Dates and Contract Price in accordance with Article
		12. If
		such failure to make an Advance Payment when due continues for ten (10) days,
		Contractor may terminate this Agreement with two business days’ prior
		written notice to Client (during which two business day period, Client may cure
		such default). 

	  

	 2.3 Compliance
		with Applicable Laws.
		Contractor shall comply with and shall cause the Project and all components
		thereof (other than items within Client’s Scope) (including, without
		limitation, the design, engineering and construction of the Project) to comply
		with, and shall cause the Project to be capable of operation in accordance
		with, Applicable Laws. Without limiting the foregoing, the effect of any change
		in Applicable Laws enacted after the date of execution of the Agreement shall
		be determined under Article 12.

	  

	 2.4 Safety.
		Contractor shall be responsible for initiating, maintaining and supervising
		typical safety precautions and programs in connection with the Work, in each
		case conforming with Applicable Laws. Within thirty (30) days after the Notice
		to Proceed Date, Contractor shall submit a proposed safety plan for
		Client’s review and comment. Client may submit comments on such proposed
		plan within fourteen (14) days of receipt. Contractor shall consider and
		address any comments submitted by Client on such plan. Contractor shall provide
		a copy of the final safety plan to Client and Contractor shall perform the Work
		in accordance with such safety plan. 

	  

	 2.5 Quality
		Control.
		Contractor shall be responsible for initiating, maintaining and supervising a
		typical quality control program in connection with the Work. Within thirty (30)
		days after the Notice to Proceed Date, Contractor shall submit a proposed
		quality control plan for Client’s review and comment. Client may submit
		comments on such proposed plan within fourteen (14) days of receipt. Contractor
		shall consider and address any comments submitted by Client on such plan.
		Contractor shall provide a copy of the final quality control plan to Client and
		Contractor shall perform the Work in accordance with such quality control
		plan.

	  

	 2.6 Contractor’s
		Representative.
		Contractor shall designate a representative (“Contractor’s
		Representative”)
		who shall be acquainted with the Project and shall have the authority to
		administer the Agreement on behalf of Contractor, agree upon procedures for
		coordinating with Client and furnish information, when appropriate, to
		Client.

	  

	 ARTICLE
		3

	  

	 Subcontracts

	  

	 3.1 Major
		Specialty Consultants, Subcontractors and Equipment Suppliers. All
		vendors, suppliers, materialmen, consultants and subcontractors providing
		equipment, materials or services to Contractor in connection with the Project
		are referred to as “Subcontractors.”

	  

	 14

	  

	 
 
	  

	  

	 3.2 Payments
		to Subcontractors.
		Contractor shall be solely responsible for paying each Subcontractor and any
		other Person to whom any amount is due from Contractor for services, equipment,
		materials or supplies in connection with the Work. 

	  

	 3.3 Major
		Subcontractors.
		Contractor may, without the prior consent of Client, enter into Major
		Subcontracts with those Major Subcontractors listed in Appendix
		H with
		respect to the Work identified in Appendix
		H. Not
		less than ten (10) business days prior to the execution of any Major
		Subcontract with a Major Subcontractor not listed in Appendix
		H,
		Contractor shall request Client’s consent to such proposed Major
		Subcontractor. Client’s consent shall not be unreasonably withheld,
		conditioned or delayed. If, at the end of such notice period, Client has either
		not responded to the notice or consented to the proposed Major Subcontractor,
		then Contractor or a Major Subcontractor shall have the right to execute such
		Major Subcontract with the proposed Major Subcontractor. If Client has
		responded to such notice in writing the reason that it does not consent to the
		proposed Major Subcontractor, then neither Contractor nor a Major Subcontractor
		shall enter into a Major Subcontract with such proposed Major
		Subcontractor.  

	  

	 3.4 Subcontract
		Provisions.
		Contractor shall use
		commercially reasonable efforts to ensure
		that the rights including all guarantees or warranties, and obligations of each
		Subcontractor under each subcontract are assignable to Client, and its
		successors and assigns upon Client’s written request, without further
		consent of the Subcontractor. Contractor shall use
		commercially reasonable efforts to ensure
		that each subcontract includes warranties at least as favorable to Client as
		those in Article 10. Each
		subcontract shall also: (a) include an indemnification provision at last
		as favorable to Client as to that in Article 13;
		(b) require that Work be performed in accordance with Good Practice and
		Applicable Law; (c) require the Subcontractor to submit certificates and
		waivers of Liens for Work completed by it and by its sub-subcontractors as a
		condition to the disbursement of the Progress Payment next due and owing; and
		(d) require the Subcontractor to continue to perform under its subcontract
		in the event this Agreement is terminated and Client (or its assignee) takes
		assignment of said subcontract and requests such Subcontractor to continue such
		performance, conditioned upon adequate assurance of payment and cure of any
		payment default. Upon the expiration or termination of any of the guarantees or
		warranties provided by
		Contractor pursuant to
		Article 10 or elsewhere
		in the Agreement, Contractor shall assign, and hereby assigns, effective as of
		such date, to Client (or Client’s designee) all of Contractor’s
		rights under the unexpired portion of any Subcontractor guarantees or
		warranties and shall deliver to Client unpriced copies of contracts providing
		for such guarantees and warranties. After the assignment of rights pursuant to
		the preceding sentence, Client (or Client’s designee) shall be entitled to
		receive all proceeds (including damages and rebates) paid by any Subcontractor
		pursuant to any Subcontractor guarantee or warranty with respect to such
		assigned rights. Nothing in this Section 3.4 shall
		derogate from the obligations of Contractor to provide the warranties described
		in, and to comply with the provisions of, Article 10.

	  

	 3.5 Subcontractor
		Insurance.
		Contractor shall require Subcontractors performing labor at the Facility Site
		to provide insurance consistent with Contractor’s policies for
		Subcontractor insurance.

	  

	 15

	  

	 
 
	  

	  

	 3.6 No
		Privity with Subcontractors. Client
		shall not be deemed by virtue of this Agreement to have any contractual
		obligation to or relationship with any Subcontractor. Contractor shall be (and
		Contractor agrees that it shall be) fully responsible to Client for the acts
		and omissions of Subcontractors and of persons directly or indirectly employed
		by them, as it is for the acts and omissions of Contractor and its
		employees.

	  

	 ARTICLE
		4

	  

	 Price
		and Payment

	  

	 4.1 Contract
		Price.
		Provided that (i) the Limited Notice to Proceed is executed and received by
		Contractor no later than May 1, 2006, and (ii) the Notice to Proceed is
		executed and received by Contractor or after July 1, 2006 and on or before July
		31, 2006, as full consideration to Contractor for the full and complete
		performance of the Work and Contractor’s other obligations under this
		Agreement and all costs incurred in connection therewith, Client shall pay, and
		Contractor shall accept, the firm fixed sum of $[*] as such sum may be adjusted
		pursuant to Article 12, (the
		“Contract
		Price”).
		The Contract Price shall not be subject to escalation provisions. For avoidance
		of doubt, the Contract Price includes the license fee to be paid to Delta-T
		Corporation pursuant to the Delta-T License Agreement, which Contractor shall
		pay on behalf of Client. 

	  

	 4.2 Taxes.
		Contractor shall pay all payroll and other related employment compensation
		taxes for Contractor’s employees, federal, state and other taxes which may
		be assessed on Contractor’s income from the Work, engineering and business
		license costs (collectively, the “Contractor
		Taxes”).
		Contractor shall administer and pay all sales, use, gross receipts and excise
		taxes (collectively, the “Project
		Taxes”).
		The Contract Price includes Contractor Taxes and excludes all Project Taxes.
		Client shall directly reimburse Contractor, in addition to the Contract Price,
		for any and all Project Taxes incurred and actually paid by Contractor while
		doing the Work and for the actual cost incurred to post any necessary tax bond.
		Where applicable, Client shall furnish to Contractor, within thirty (30) days
		of the Commencement Date, a certificate complying with state and local
		governmental laws, regulations and ordinances identifying any components of the
		Work to be considered exempt from the Project Taxes. Contractor shall cooperate
		with Client to establish appropriate procedures and minimize the amount of such
		taxes to the extent reasonable and practical. Contractor is responsible for all
		property taxes on the Contractor’s Equipment; Client is responsible for
		property taxes on all other items incorporated into the Work. Client shall
		defend and indemnify Contractor from and against any and all claims for, and
		resulting liability for Project Taxes and related penalties and interest, and
		any reasonable dispute resolution costs and reasonable attorneys’ fees
		(including costs of enforcement of this provision) that may be asserted on all
		items which Contractor purchased under exemption certificates provided by
		Client and for which taxes are later assessed. At Client’s expense and
		only with Contractor’s consent, Client will have the right to direct the
		basis on which any tax assessment will be paid or contested and to control any
		contest leading to the settlement of assessed taxes. Client retains the right
		to choose the attorneys who will represent Contractor and/or Client’s
		interest regarding any tax assessments and/or litigation.

	  

	 16

	  

	 

	 *
		Certain confidential information on this page has been omitted and filed
		separately with the Securities and Exchange Commission.

	  

	  

	 If a
		Scope Change Order results in an increase or decrease in the Contract Price,
		the revised Contract Price (reflecting the increase or decrease as a result of
		the Scope Change Order) shall exclude all applicable taxes. Client shall
		reimburse Contractor for all applicable taxes paid by Contractor in accordance
		with the provisions of this Section 4.2.

	  

	 4.3 Payment
		Schedule. Client
		shall make payments to Contractor in installments, as set forth
		below.

	  

	 4.3.1 Appendix B-1
		sets
		forth the Preliminary Schedule of Values for the Project. Within thirty (30)
		days after the date hereof, Contractor shall submit for Client’s review
		and approval a detailed schedule of values (“Schedule
		of Values”)
		(which shall be consistent with the Preliminary Schedule of Values). Payments
		shall be made pursuant to the provisions set forth below.

	  

	 (a) On or
		before the tenth (10th) day of
		each month
		following the month in which the Commencement Date occurs,
		Contractor shall deliver to Client a Progress Invoice, for the period ended on
		the last day of the previous month, together with supporting documentation
		(including the relevant Monthly Progress Report and the value of Work completed
		since the prior invoice, based on the Schedule of Values) consistent with
		Contractor’s invoicing practices and
		waivers and releases of Liens in substantially the forms set forth in
		Appendix
		G-1, Appendix G-2 and
		Appendix
		G-3, duly
		executed and acknowledged by Contractor and
		each Subcontractor that has provided equipment or services to the Contractor
		having a
		value in excess of $100,000 through the date of the invoice. Client
		shall pay Contractor, or cause Contractor to be paid by Financing Parties,
		ninety-five percent
		(95%)
		of the
		approved amount due on or before the date which is twenty
		(20)
		days
		following the date Client receives such Progress Invoice (each
		such payment, a “Progress
		Payment”). The
		five percent
		(5%) of
		approved amounts not paid to Contractor is referred to as “Retainage”.
		Notwithstanding
		the foregoing in this Section
		4.3.1, with
		respect to (i) the payment made to Contractor on the date that the Notice to
		Proceed is given and (ii) each payment made with respect to the first five
		Progress Invoices, the Retainage shall be five percent (5%) plus an amount
		equal to (1/6) x (.05) x the total of Advance Payments made by Client. The
		accumulated Retainage less one
		two hundred
		percent
		(200%) of the
		value of the Punch List, less
		the reasonably estimated value of any Contractor Liens or other Liens or
		charges that have been filed against all or any part of the Facility or the
		Facility Site in connection with this Agreement and
		less liquidated damages payable by Contractor pursuant to Articles
		7 and
		potentially payable by Contractor pursuant to Article
		8, if
		any, shall be paid to Contractor upon achievement of Substantial Completion.
		Payment
		Progress Payments shall
		be made by wire transfer to an account or accounts designated in the
		Progress
		applicable Progress
		Invoice. Late
		payments will bear interest at the
		Wall
		Street Journal prime rate plus five percent (5%).

	  

	 (b) If there
		is any dispute about any amount invoiced by Contractor, the amount not in
		dispute shall be promptly paid as described above, and any disputed amount
		which is ultimately determined to have been due shall be paid with interest
		from 

	  

	 17

	  

	 
 
	  

	 the date
		of withholding to the date of payment as set forth in Section 24.1.
		Client
		will provide a notice to Contractor within ten (10) days after receipt of
		Contractor’s invoice concerning any invoiced amounts disputed by
		Client.

	  

	 (c) In lieu
		of all or a portion of any Retainage to be withheld by Client under this
		Section 4.3.1,
		Contractor may provide to Client, at any time, one or more irrevocable letters
		of credit for Client’s benefit (which shall be transferable to the
		Financing Parties) in an aggregate stated amount of up to the full amount of
		Retainage withheld to date. Such letter(s) of credit shall secure
		Contractor’s obligations under this Agreement and shall be drawable from
		time to time in whole or in part (for an amount necessary to satisfy
		Contractor’s obligations up to the amount of Retainage required from
		Contractor at the time of such draw) on demand by Client upon any failure of
		Contractor to complete Punch List items, or pay liquidated damages when due in
		accordance with this Agreement, or otherwise comply with its material
		obligations hereunder. The issuer and terms of the letter(s) of credit shall be
		reasonably acceptable to Client and Financing Parties, and the letter(s) of
		credit shall continue in effect until thirty (30) days following Project
		Completion. Within ten (10) days following the delivery to Client of any such
		letter(s) of credit, Client shall release and pay to Contractor Retainage (to
		the extent then withheld from Progress Payments theretofore made by Client),
		and thereafter, unless the letter(s) of credit is terminated or has expired,
		Client shall not withhold Retainage from future payments to Contractor until
		such time as the total Retainage that would otherwise be withheld by Client is
		equal to or in excess of the aggregate amount available to be drawn under such
		letter(s) of credit.

	  

	 4.3.2 Upon
		Project Completion, pursuant to Section 6.7,
		Contractor
		shall submit a statement summarizing and reconciling all previous invoices,
		payments and Change Orders. Except as provided elsewhere in this Agreement,
		within twenty-five (25) days of
		the receipt of such statement, Client shall pay Contractor, or cause Contractor
		to be paid by Financing Parties, all remaining amounts due. 

	  

	 4.4 Payment
		Upon Termination. 

	  

	 4.4.1 Upon
		termination of all or part of the Work pursuant to Section 15.1
		or
		15.2
		(and
		subject to Section
		4.4.2),
		Contractor
		shall be entitled, subject to the provisions of Section 4.4.3, to a
		payment (the “Termination
		Payment”)
		consisting of the total of (i) Contractor’s costs incurred in connection
		with performance by Contractor of Work prior to the date of termination which
		have not been previously paid by Client, (ii) all documented costs reasonably
		incurred by Contractor to implement the termination, preserving or protecting
		the Work, including demobilization and travel costs, (iii) Subcontractors’
		termination charges, if any, reasonably incurred as a direct result of the
		termination and which cannot be reasonably avoided and (iv) a fee equal to
		fifteen percent (15%) of the total amounts described in (i), (ii) and (iii)
		above. 

	  

	 18

	  

	 
 
	  

	  

	 4.4.2 Notwithstanding
		Section
		4.4.1, in the
		event that Client terminates the Work prior to the date that Notice to Proceed
		has been given by Client, Contractor shall be entitled to retain payments for
		Work rendered prior to such termination, based on the rates set forth in
		Exhibits C to the Limited Notice to Proceed. Contractor shall return or refund
		the portion of payments made to Contractor which are in excess of the value of
		the Work provided prior to termination, less any cancellation charges owed by
		Contractor to Subcontractors, vendors, and equipment suppliers. Contractor
		shall take reasonable steps to cancel all existing subcontracts and purchase
		orders upon any notice of termination and to mitigate the costs associated with
		such cancellation. In no event upon termination under this Section
		4.4.2, shall
		Contractor be entitled to additional payment from Client. Client shall be
		entitled to possession and ownership of any Work product produced by
		Contractor. 

	  

	 4.4.3 Payment
		of the Termination Payment. Client
		shall pay the Termination Payment to Contractor within thirty (30) days of
		receipt by Client of the items and documentation required under Section 4.4.1
		or
		Section
		4.4.2.

	  

	 4.5 Performance
		Security. At
		Client’s election, which (if made) shall be made in writing no later than
		the date that is seven (7) days before the Notice to Proceed is given,
		Contractor shall deliver to Client the Performance Security, in the form of
		Appendix M-1
		or
		Appendix
		M-2, as
		applicable. In the event that the Client elects to have Contractor deliver a
		Parent Guarantee in the form of Appendix
		M-1, the
		Contract Price shall be increased by $575,000 as a deemed Scope Change Order.
		In the event that the Client elects to have Contractor deliver a Performance
		Bond in the form of Appendix
		M-2, the
		Contract Price shall be increased by $1,467,000 as a deemed Scope Change Order.
		On or before the Commencement Date, Contractor shall deliver to Client any
		Performance Security required hereunder. Contractor shall cause the Performance
		Security to remain in force through the Warranty Period (or Extended Warranty
		Period, if applicable).

	  

	 ARTICLE
		5

	  

	 Client
		Services

	  

	 5.1 Client’s
		Representative. Client
		shall designate a representative (the “Client’s
		Representative”)
		who shall be available on site for the Project duration. The Client’s
		Representative shall be acquainted with the Project and shall have authority to
		administer the Contract Documents on behalf of Client, agree upon procedures
		for coordinating Client’s efforts with those of Contractor and furnish
		information, when appropriate, to Contractor.

	  

	 5.2 Facility
		Site. Client
		shall furnish the Facility Site (including all such easements and access rights
		as necessary to permit Contractor to conduct the Work), which shall be free
		from Hazardous Materials, and shall make the Facility Site continuously
		available to Contractor in connection with Contractor’s performance of the
		Work. Client shall be responsible for obtaining all necessary real property
		rights for performance of the Work, whether on or off the Facility
		Site.

	  

	 19

	  

	 
 
	  

	 5.3 Permits. Client
		shall secure and maintain, at its expense, the Air Permit for the Facility and
		all other Applicable Permits necessary for development or operation of the
		Facility listed in Exhibit 1 of the Scope of Work (the “Client
		Permits”)
		as the Client’s responsibility. Client shall cooperate with Contractor to
		the extent necessary in connection with Contractor’s efforts to obtain the
		Contractor Permits.

	  

	 5.4 Operating
		Personnel. Client
		or its designee shall provide an adequate number of qualified operators and
		maintenance personnel to operate the Facility during Startup. Personnel shall
		be provided on the dates indicated in Appendix A and
		Appendix C, or on
		any other date specified by the Contractor and agreed to by Client, provided at
		least two (2) months’ advance notice is given by Contractor and such date
		is no earlier than four (4) months before the scheduled commencement of Startup
		of the Facility. Such personnel shall have sufficient experience as is
		appropriate for the normal, day-to-day, in-service operation and maintenance of
		ethanol production facilities, but not necessarily facilities similar to the
		Facility. Such personnel shall be licensed by Client or its designee, as may be
		necessary in accordance with state and local regulations prior to being
		provided to the Contractor. Such personnel shall be trained by Contractor in
		accordance with this Agreement and will assist Contractor by performing normal
		operating and maintenance duties in connection with the Startup of the Facility
		and the successful completion of the Performance Tests and all other tests
		specified in this Agreement. Client shall provide suitable training facilities
		if such facilities are not available at the Facility Site. Said personnel will
		be available to Contractor, as needed, until Project Completion. Contractor
		shall be responsible for the technical direction and management, with respect
		to
		performance testing, of such operating and maintenance personnel prior to
		Project Completion of the Facility (provided that the personnel are acting
		under Contractor’s direction). Contractor
		shall be responsible for Client’s operators and maintenance personnel
		prior to Provisional Acceptance and otherwise under its direction, other than
		for the reckless acts and omissions and willful misconduct of such operating
		and maintenance personnel. Contractor shall only direct Client’s operators
		and maintenance personnel to take actions that are consistent with the
		Operating Manuals. The provision of personnel by Client or its designee
		pursuant to this Section 5.4 shall
		not relieve Contractor of any of its obligations or liabilities under the
		Agreement.

	  

	 5.5 Consumables
		and Spare Parts. Client
		shall arrange and pay for the electricity delivered through the permanent and
		temporary plant electrical system, natural gas fuel, raw water, resins,
		chemicals, enzymes, yeast and feed stock specified in Appendix A, to be
		delivered to the Facility in order to enable Contractor to perform the Work in
		accordance with the terms of this Agreement. Client shall provide at its own
		expense, after initial charge by Contractor, desiccants, lubricants, and
		hydraulic fluids as necessary for Contractor to perform the Work. Client shall
		supply all operating spare parts in accordance with a list supplied by
		Contractor. (Contractor shall have the right to use Client’s operating
		spares provided
		that Contractor shall timely replace any such operating spare parts used to
		repair or replace failed equipment). 

	  

	 5.6 Client’s
		Scope. The
		Client shall be responsible for providing those items specified in Section 16.0
		of the Scope of Work (“Client’s
		Scope”),
		at the time specified in the Project 

	  

	 20

	  

	 
 
	  

	  

	 Schedule,
		which items shall be free from defects or deficiencies which would materially
		hinder erection or Startup of the Facility or materially adversely impact
		Contractor’s cost or time required to perform the Work.

	  

	 5.7 Other
		Client Scope.

	  

	 5.7.1 Prior to
		initiation of the Work, Client shall provide evidence of funds being available
		for paying the costs of this Project as further described in Section 2.2(a). In
		addition, Client shall have the affirmative obligation to pay all amounts due
		and owing to Contractor, in accord with these Contract Documents. Failure of
		Client to fund the Project or make payments as provided in this Agreement,
		shall be a material breach and entitle Contractor to stop Work and/or terminate
		as provided in this Agreement.

	  

	 5.7.2 Client
		shall also provide the office furniture and office equipment for the services
		building, and lab and maintenance offices, tools and shop equipment (except any
		special tools required for equipment provided by Contractor), lab equipment and
		rolling stock.

	  

	 ARTICLE
		6

	  

	 Completion
		and Acceptance of Project

	  

	 6.1 Mechanical
		Completion. When
		Contractor determines that all of the requirements for Mechanical Completion
		have been completed, Contractor and Client shall proceed as
		follows:

	  

	 (a) Contractor
		shall provide written notice to Client that the requirements of Mechanical
		Completion have been satisfactorily achieved, (the “Notice
		of Mechanical Completion”).

	  

	 (b) Within
		five (5) business days following receipt by Client of such Notice of Mechanical
		Completion, Client shall notify Contractor in writing whether Contractor has
		satisfactorily achieved Mechanical Completion.

	  

	 (c) If
		Contractor has not satisfactorily achieved the requirements for Mechanical
		Completion, Client shall specify in such notice to Contractor, in reasonable
		detail, the reasons for Client’s determination that the requirements for
		Mechanical Completion have not been satisfactorily achieved. Contractor shall
		promptly act to correct such deficiencies so as to achieve Mechanical
		Completion in accordance with the Project Schedule.

	  

	 (d) If
		Client fails to respond to Contractor’s Notice of Mechanical Completion
		within the five (5) day period set forth in Section 6.1(b) above,
		Mechanical Completion shall be deemed to have been achieved on the date Client
		received such Notice from Contractor.

	  

	 21

	  

	 
 
	  

	 (e) Following
		any such remedial action, Contractor shall deliver to Client a second Notice of
		Mechanical Completion and the provisions of this Section 6.1
		shall
		apply with respect to such new notice in the same manner as they applied to the
		original notice.

	  

	 The
		foregoing procedure shall be repeated until Mechanical Completion has been
		satisfactorily achieved as indicated in a written notice from
		Client.

	  

	 6.1.1 Punch
		List. Upon
		achievement of Mechanical Completion of the Facility, Contractor shall provide
		the Punch List to Client together with a value for and a schedule for
		completion of each Punch List item. Client shall, within ten (10) business days
		of receipt of the Punch List, notify Contractor that it accepts such Punch List
		or shall otherwise state its reasons for disagreement therewith in reasonable
		detail; provided, however, that acceptance or rejection thereof shall not
		relieve Contractor of its liability to complete or correct the Punch List
		items. Upon Contractor’s completion or correction of each item on the
		Punch List, Client shall indicate acceptance of such item and make payment to
		Contractor of the funds held with respect to such item.

	  

	 6.2 Startup.
		Contractor shall pursue Startup of the Facility in accordance with Good
		Practices. Contractor shall, in consultation with Client and its operating
		personnel, direct the operation of the Facility during Startup in a manner
		consistent with Good Practices and all Applicable Laws. 

	  

	 6.3 Testing.

	  

	 6.3.1 Performance
		Tests.

	  

	 (a) After
		Mechanical Completion has been achieved and when the Facility is sufficiently
		complete so that all systems are capable of safe operation in accordance with
		Applicable Laws, Good Practices and the Operating Manuals, Contractor shall
		test the Facility in accordance with Appendix
		A-1.
		Contractor shall give Client at least seven (7) days’ (but not more than
		10 days’) prior written notice of the date on which Contractor intends to
		commence the initial Performance Test.  Contractor
		shall perform and re-perform additional Performance Tests until Substantial
		Completion is successfully achieved. After Provisional Acceptance is achieved,
		subject to Section 6.3.1(b) below
		and Section
		6.5.4,
		Contractor may, without any increase to the Contract Price, take Corrective
		Action to the Facility and re-perform the Performance Tests for a period of up
		to one hundred eighty (180) days in order to improve the performance results up
		to the Performance Guarantees and to reduce Contractor’s liability for
		amounts payable as Performance Guarantee Payments. An extension of such period
		may be granted at the Client’s discretion if Client believes that the
		Contractor is making a good faith effort and demonstrating tangible progress
		toward achieving the Performance Guarantees. Contractor shall keep the
		Client’s Representative continuously apprised of the specific schedule,
		and changes therein, for the commencement and re-performance of 

	  

	 22

	  

	 
 
	  

	 Performance
		Tests. Contractor, at its reasonable discretion, may abort any attempted
		Performance Test.

	  

	 (b) “Corrective
		Action”
		shall mean materials, tasks and Work necessary or appropriate to make the
		Facility meet each Performance Guarantee and to achieve Project Completion,
		including providing assistance to, and coordinating efforts of items within
		Client’s Scope be the reason, in whole or in part, for not meeting any
		Performance Guarantee. Corrective Action Work performed by Contractor to the
		extent required by underperformance of items within Client’s Scope shall
		be subject to Scope Change pursuant to Article 12.

	  

	 6.3.2 Disposition
		of Output. At all
		times when Contractor desires to conduct Startup, testing, Performance Tests or
		other operations of the Project or Project systems in furtherance of
		Performance Tests or repair and maintenance, Client shall, at no expense to
		Contractor, arrange for the disposition of the Facility’s output of
		ethanol, wet cake, DDGS and all other outputs in such manner that does not
		hinder or disrupt Contractor’s Work. Any output of the Facility of
		ethanol, wetcake, DDGS, and any other outputs and all net proceeds from the
		sale thereof, shall be the property of Client; provided that
		such proceeds with respect to any period during which Late Completion Payments
		are accruing shall offset any Late Completion Payments with respect such period
		on a dollar-for-dollar basis and the amount of any such Late Completion
		Payments so offset shall not be considered to be a Late Completion Payment for
		the purposes of Contractor’s liability limitations pursuant to
		Section
		9.1.

	  

	 6.4 Report.
		Contractor’s declaration and report of completion of the Performance Test
		shall be provided to Client, promptly following completion of each Performance
		Test. 

	  

	 6.5 Provisional
		Acceptance. 

	  

	 6.5.1 Requirements.
		Provisional Acceptance shall be achieved if and only if:

	  

	 (a) Mechanical
		Completion of the Facility has been successfully achieved as evidenced by
		Client’s written notification thereof;

	  

	 (b) the
		Facility can be used for the production of ethanol in accordance with all
		Applicable Laws and all portions of the Facility necessary for the production
		of ethanol can safely and reliably be placed into operation;

	  

	 (c) a
		Performance Test has demonstrated that the Facility has achieved (i) at least
		[*]% of the Production Guarantee, and (ii) no greater than [*]% of the
		Consumption Guarantees;

	  

	 (d) Operating
		Manuals shall have been provided by Contractor to Client, in final or draft
		form such that Client can safely operate the Facility in accordance with Good
		Practices; and 

	  

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	 *
		Certain confidential information on this page has been omitted and filed
		separately with the Securities and Exchange Commission.

	  

	 (e) Contractor
		has paid all accrued Late Completion Payments, subject to Section
		7.2.1.

	  

	 6.5.2 Notice
		and Report of Provisional Acceptance. When
		Contractor believes that it has achieved Provisional Acceptance, it shall
		deliver to Client a notice thereof (the “Notice
		of Provisional Acceptance”).
		The Notice of Provisional Acceptance shall contain (i) a report, of the
		successfully completed Performance Test, in a form with sufficient detail to
		enable Client to determine whether Provisional Acceptance has been achieved and
		(ii) the Punch List including a complete description and an estimate of the
		cost to complete and/or correct each Punch List item.

	  

	 6.5.3 Achievement
		of Provisional Acceptance. Client
		shall, promptly upon receipt of the Notice of Provisional Acceptance, inspect
		the Facility and all Work completed by Contractor and review the results of the
		completed Performance Test and report submitted by Contractor. Within five
		(5) business
		days of Client’s receipt of the Notice of Provisional Acceptance, Client
		shall notify Contractor that either:

	  

	 (a) The
		requirements under clauses (a) through (e) of Section 6.5.1 have
		been satisfied and that Provisional Acceptance has been achieved, in which case
		the date of achievement of Provisional Acceptance shall be the date on which
		the notice of Provisional Acceptance was provided to Client; or

	  

	 (b) Provisional
		Acceptance has not been achieved, and stating the reasons therefore, in which
		case Contractor shall promptly take such action as will achieve Provisional
		Acceptance. In the event Client fails to provide Contractor notice that it
		disagrees Provisional Acceptance has occurred within the five (5) business
		day period provided as above, the Contractor shall be entitled to an extension
		of the Guaranteed Completion Dates on a day-for-day basis; and 

	  

	 (c) The
		Punch List is accepted or Client shall advise revisions specifically required
		to finalize the Punch List. 

	  

	 Following
		any action taken by Contractor after notice from Client that Contractor failed
		to successfully achieve Provisional Acceptance, Contractor shall deliver to
		Client a new Notice of Provisional Acceptance and the provisions of this
		Section 6.5 shall
		apply with respect to the new notice in the same manner as they applied to the
		original notice. Such procedure shall be repeated as necessary until
		Provisional Acceptance has been successfully achieved.

	  

	 6.5.4 Risk
		of Loss.
		Contractor, at all times prior to Provisional Acceptance, shall bear the risk
		of physical loss or damage to the Facility, including all materials, equipment
		and supplies (including temporary materials, equipment and supplies),
		regardless of whether Client has title thereto. Except as provided in
		Section
		5.4,
		Contractor is not responsible for loss or damage to the extent caused by the
		negligent acts or omissions, willful misconduct of Client, its agents and other
		Subcontractors, or to the extent such loss or damage is directly caused by
		items within Client’s Scope. Client shall be responsible for such loss or
		damage including the deductible portion of such loss under Client’s
		Builder’s Risk insurance, unless such loss is due to 

	  

	 24

	  

	 
 
	  

	 Contractors
		gross negligence in which case Contractor shall be responsible for deductibles
		up to $100,000.  Upon
		Provisional Acceptance, Client shall take care, custody and control of the
		Facility and shall thereafter be solely responsible for operation, maintenance
		and risk of loss thereof; provided that such transfer shall not limit
		Contractor’s obligations hereunder (including under Section 6.5.5).

	  

	 6.5.5 Access
		Following Provisional Acceptance. After
		Provisional Acceptance, Contractor shall promptly complete the remaining Work,
		including Punch List items and modification and (if the Performance Guarantees
		were not met) retesting of the Work. Contractor shall have reasonable access to
		the Project and the reasonable cooperation of Client so as to complete the Work
		and to perform its obligations hereunder. Contractor’s completion of the
		Work and performance of its obligations shall be accomplished without
		unreasonably interfering with the operations of the Facility. Any damage to the
		Facility caused by the Contractor during the conduct of such Work shall be the
		responsibility of Contractor. With respect to access following Provisional
		Acceptance, the Parties agree that:

	  

	 (a) Prior to
		Substantial Completion, it shall be unreasonable for Client to withhold access
		to the Project or to otherwise prevent Contractor from performing Work pursuant
		to this Section
		6.5.5,
		provided that Contractor has given Client at least three (3) days’ prior
		written notice of the proposed Work, including a description of the Work to be
		undertaken and any impact such Work is anticipated to have on Client’s
		ability to operate the Facility during the period of such Work. In performing
		such Work, Contractor shall use all commercially reasonable efforts to minimize
		interference with Client’s operation of the Facility. 

	  

	 (b) Following
		Substantial Completion and before Final Completion, it shall not be
		unreasonable for Client to withhold access to the Project or to otherwise
		prevent Contractor from performing Work pursuant to this Section
		6.5.5, if (i)
		Contractor has not given Client at least seven (7) day’s prior written
		notice of the proposed Work, including a description of the Work to be
		undertaken and any impact such Work is anticipated to have on Client’s
		ability to operate the Facility during the period of such Work, and (ii) the
		Work will not, in the aggregate with any other Work previously conducted
		pursuant to this Section
		6.5.5(b), result
		in the Facility being shut down (or otherwise result in the Facility’s
		ability to produce ethanol be reduced by more than 50%) for more than fifteen
		(15) days. In the event that Client breaches its obligations under this
		Section
		6.5.5(b) by not
		permitting Contractor to have access to the Site as required pursuant to this
		Section
		6.5.5(b), the
		Performance Guarantees shall be deemed satisfied. This Section
		6.5.5 shall
		not be applicable with respect to any Work to be provided under
		Article 10.

	  

	 6.6 Substantial
		Completion. 

	  

	 6.6.1 Requirements.
		Substantial Completion shall be achieved if and only if:

	  

	 25

	  

	 
 
	  

	 (a) the
		Facility can be used for the production of ethanol in accordance with all
		Applicable Laws and all portions of the Facility necessary for the production
		of ethanol can safely and reliably be placed into operation;

	  

	 (b) a
		Performance Test has demonstrated that the Facility, has achieved (i) at least
		[*]% of the Production Guarantee, (ii) at least [*]% of the Yield Guarantee,
		and (iii) no greater than [*]% of the Consumption Guarantees;

	  

	 (c) Contractor
		has demonstrated (pursuant to an air emissions test performed by an independent
		air emissions tester in compliance with the air emissions test protocol set
		forth in Appendix
		A-1, that
		the Project can operate within the current air emissions limits described in
		the Air Permit while demonstrating achievement of the requirements stated in
		Section
		6.6.1(b) above;
		and

	  

	 (d) Contractor
		has paid all accrued Late Completion Payments, subject to Section
		7.2.2.

	  

	 6.6.2 Notice
		and Report of Substantial Completion. When
		Contractor believes that it has achieved Substantial Completion, it shall
		deliver to Client a notice thereof (the “Notice
		of Substantial Completion”).
		The Notice of Substantial Completion shall contain (i) a report, including the
		results of the completed Performance Test, in a form with sufficient detail to
		enable Client to determine whether Substantial Completion has been achieved and
		(ii) the updated Punch List including a complete description and an estimate of
		the cost to complete and/or correct each remaining Punch List
		item.

	  

	 6.6.3  Achievement
		of Substantial Acceptance. Client
		shall, promptly upon receipt of the Notice of Substantial Completion, inspect
		the Facility and all Work completed by Contractor and review the results of the
		completed Performance Test and report submitted by Contractor. Within five
		(5) business
		days of Client’s receipt of the Notice of Substantial Completion, Client
		shall notify Contractor that either:

	  

	 (a) the
		requirements under clauses (a) through (d) of Section 6.6.1 have
		been satisfied and that Substantial Completion has been achieved, in which case
		the date of achievement of Substantial Completion shall be the date on which
		the notice of Substantial Completion was provided to Client; or

	  

	 (b) Substantial
		Completion has not been achieved, and stating the reasons therefore, in which
		case Contractor shall promptly take such action as will achieve Substantial
		Completion. In the event Client fails to provide Contractor notice that it
		disagrees Substantial Completion has occurred within the five (5) business
		day period provided as above, the Contractor shall be entitled to an extension
		of the Guaranteed Completion Dates (other than the Guaranteed Provisional
		Acceptance Date) on a day-for-day basis and an equitable adjustment to the
		Contract Price in accordance with Article
		12; and
		

	  

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		Certain confidential information on this page has been omitted and filed
		separately with the Securities and Exchange Commission.

	  

	  

	 (c) the
		Punch List is accepted or Client shall advise revisions specifically required
		to update the Punch List. 

	  

	 Following
		any action taken by Contractor after notice from Client that Contractor failed
		to successfully achieve Substantial Completion, Contractor shall deliver to
		Client a new Notice of Substantial Completion and the provisions of this
		Section 6.6 shall
		apply with respect to the new notice in the same manner as they applied to the
		original notice. Such procedure shall be repeated as necessary until
		Substantial Completion has been successfully achieved.

	  

	 6.7 Project
		Completion.

	  

	 6.7.1 Requirements.
		Project Completion shall be achieved if and only if:

	  

	 (a) Substantial
		Completion has been achieved and continues to be achieved;

	  

	 (b) a
		Performance Test has demonstrated that the Facility, has achieved (i) at least
		[*]% of the Production Guarantee, (ii) at least [*]% of the Yield Guarantee,
		and (iii) no more than [*]% of the Consumption Guarantees, or has made
		Performance Guaranty Payments, as calculated in accordance with Appendix
		A-2;

	  

	 (c) Contractor
		has demonstrated (pursuant to an air emissions test performed by an independent
		air emissions tester in compliance with the air emissions test protocol set
		forth in Appendix
		A-1, that
		the Project can operate within the current air emissions limits described in
		the Air Permit while demonstrating achievement of the requirements stated in
		Section
		6.7.1(b) above;
		and

	  

	 (d) all
		Punch List items have been completed; and

	  

	 (e) Contractor
		has delivered as-built drawings and all final documents other than those that
		are to be delivered within sixty (60) days of Project Completion in accordance
		with Section 17.3;

	  

	 (f) Contractor
		has provided the final waivers and releases of Liens in substantially the forms
		set forth in Appendices G-1 and
		G-3 (as
		applicable), duly executed and acknowledged by Contractor and each
		Subcontractor.

	  

	 6.7.2 Notice
		and Report of Project Completion. When
		Contractor believes that it has achieved Project Completion, it shall deliver
		to Client a notice thereof (the “Notice
		of Project Completion”).
		The Notice of Project Completion shall contain a report, including the results
		of the completed Performance Test and with sufficient detail to enable Client
		to determine whether Project Completion has been achieved.

	  

	 6.7.3 Achievement
		of Project Completion. Client
		shall, within ten (10)
		business days following receipt of the Notice of Project Completion, inspect
		the Facility and all Work and either:

	  

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		Certain confidential information on this page has been omitted and filed
		separately with the Securities and Exchange Commission.

	  

	 (a) Deliver
		to Contractor a notification that the requirements under clauses (a) through
		(f) of Section 6.7.1 have
		been satisfied and that Project Completion has been achieved, in which case the
		date of achievement of Project Completion shall be the date on which Contractor
		provides the Notice of Project Completion to Client; or

	  

	 (b) Notify
		Contractor that Project Completion has not been achieved, stating the reasons
		therefore, in which case Contractor shall promptly take such action as will
		achieve Project Completion.

	  

	 Such
		procedure shall be repeated as necessary until Project Completion has been
		achieved.

	  

	 ARTICLE
		7

	  

	 Completion
		Dates

	  

	 7.1 Guaranteed
		Completion Dates.
		Provided the Notice to Proceed is executed and received by Contractor on or
		after July 1, 2006 and on or before July 31, 2006, Contractor guarantees that
		(i) Provisional Acceptance will be achieved on or before the Guaranteed
		Provisional Acceptance Date, and (ii) Substantial Completion will be achieved
		on or before the Guaranteed Substantial Completion Date, (iii) Project
		Completion will be achieved on or before the Guaranteed Project Completion
		Date. In the event Notice to Proceed is received after July 31, 2006, but on or
		before August 31, 2006, the Guaranteed Completion Date and Contract Price shall
		be equitably adjusted in accordance with Section
		12. In the
		event that Notice to Proceed is not issued on or before August 31, 2006, then
		Contractor may terminate this Agreement and Client shall pay Contractor such
		amount as is provided by the terms of Section 4.4.

	  

	 7.2 Late
		Completion Payments. 

	  

	 7.2.1 Late
		Provisional Acceptance. If
		Provisional Acceptance does not occur on or before the Guaranteed Provisional
		Acceptance Date, Contractor shall pay to Client, as liquidated damages and not
		as a penalty, an amount of $[*] per calendar day or part thereof (such payment,
		together with the payments described in Section
		7.2.2, the
		“Late
		Completion Payments”),
		for each calendar day by which Provisional Acceptance is later than the
		Guaranteed Provisional Acceptance Date, subject to the limitation set forth in
		Section 9.1.
		Provisional
		Acceptance shall not be withheld because of disputed Late Completion Payments
		provided that Contractor agrees to supply a letter of credit in the amount of
		such disputed Late Completion Payments in a form and from a financial
		institutional reasonably acceptable to Client.

	  

	 7.2.2 Late
		Substantial Completion. If
		Substantial Completion does not occur on or before the Guaranteed Substantial
		Completion Date, Contractor shall pay to Client, as liquidated damages and not
		as a penalty, Late Completion Payments in an amount of $[*] per calendar day or
		part thereof, for each calendar day by which Substantial Completion is later
		than the Guaranteed Substantial Completion Date, subject to the limitation set
		forth in Section 9.1;
		

	  

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		Certain confidential information on this page has been omitted and filed
		separately with the Securities and Exchange Commission.

	  

	 provided,
		however, that
		Late Completion Payments pursuant to this Section
		7.2.2 shall
		not accrue during any period during which both (x) the Project has achieved at
		least [*]% of each of the Production Guarantee and Yield Guarantee and no more
		than [*]% of the Consumption Guarantees and (y) the state permits Client to
		operate the Facility on an unrestricted basis. Substantial
		Acceptance shall not be withheld because of disputed Late Completion Payments
		provided that Contractor agrees to supply a Letter of Credit in the amount of
		such disputed Late Completion Payments and in a form and from a financial
		institutional reasonably acceptable to Client.

	  

	 7.2.3 Payments
		Reasonable. Client
		and Contractor hereby acknowledge and agree that the terms, conditions and
		amounts fixed pursuant to Section 7.2 for
		Late Completion Payments are reasonable, considering the reduction in value of
		the Project to Client and the actual costs that Client will incur and other
		losses that Client will sustain in the event of Contractor’s failure to
		achieve Provisional Acceptance by the Guaranteed Completion Dates. The amounts
		of these payments are agreed upon and fixed by the Parties as liquidated
		damages because of the difficulty of ascertaining the exact amount of reduction
		in value, costs and other losses that will be actually incurred by Client in
		such event, and the Parties hereby agree that the payment amounts specified
		herein are not penalties and shall be applicable regardless of the amount of
		such reduction in value, costs and other losses actually incurred by Client.
		The payment of any Late Completion Payments shall not affect Client’s
		rights to (i) terminate the Agreement pursuant to Article 15 or
		(ii) receive liquidated damages pursuant to Article 8.

	  

	 7.2.4 Payment.
		Contractor shall pay the amounts required under this Section 7.2
		on or
		before the fifth (5th) day of each month for amounts due with respect to delays
		that occurred during the preceding calendar month. As set forth in Section 6.3.2, any
		net revenues received by Client prior to Provisional Acceptance or between
		Provisional Acceptance and prior to Substantial Completion shall be applied
		against and shall reduce the amount of any Late Completion
		Payments.

	  

	 7.2.5 Exclusive
		Remedy.
		Payment of the Late Completion Payments shall constitute the sole and exclusive
		remedy of Client and Financing Parties, and the sole and exclusive liability of
		Contractor, for failure of Contractor to timely meet its guarantee set forth in
		Section 7.1, except
		as provided in Section
		8.1 and the
		remedies available to Client following termination of this Agreement pursuant
		to Section
		15.3(b)(vii).
		

	  

	 7.3 Early
		Completion Bonus. If
		Substantial Completion occurs on or before the date that is sixty (60) days
		after the Guaranteed Provisional Acceptance Date, Client shall pay to
		Contractor, as an Early Completion Bonus, an amount of $[*] per
		calendar day (the “Early
		Completion Payments”).
		Notwithstanding the foregoing, (a) it shall be a condition to the payment of
		any such Early Completion Payments that Project Completion shall have been
		achieved, and (b) Contractor acknowledges and agrees that the Early Completion
		Payments shall be subject and subordinate to Client’s debt payments to any
		Financing Parties. If
		Client does not pay the Early Completion Bonus within thirty (30) days of
		Project Completion, late payments shall accrue at the rate of the Wall Street
		Journal prime rate plus five percent (5%). To the
		extent earned and 

	  

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		separately with the Securities and Exchange Commission.

	  

	 subject
		to the immediately preceding sentence, payment of any Early Completion Payments
		shall be made within ten (10) days following the date of Project
		Completion.

	  

	 ARTICLE
		8

	  

	 Project
		Guarantees and Remedies

	  

	 8.1 Performance
		Guarantees.

	  

	 8.1.1 General.
		Contractor guarantees that the Project will successfully achieve all the
		Performance Guarantees referred to in Appendix
		A-2 (the
		“Performance
		Guarantees”).
		If the Project fails to achieve the Performance Guarantees, and to the extent
		such failure is not caused by defect or deficiency items within Client’s
		Scope, Contractor shall pay Client as liquidated damages, and not as penalties,
		the amounts calculated in accordance with the terms set forth in this
		Article 8 (the
		“Performance
		Guarantee Payments”).
		Provided that Substantial Completion has been achieved by the Guaranteed
		Project Completion Date, Contractor’s sole and exclusive liability to
		Client and Financing Parties for, and Client’s and Financing Parties’
		sole and exclusive remedy with respect to, failure of the Facility to achieve
		the Performance Guarantees shall be limited to the payment of the Performance
		Guarantee Payments described in Appendix A-2,
		subject to the limitation set forth in Section 9.1;
		provided
		that payment of such amounts shall not limit Contractor’s other
		obligations under the Agreement.

	  

	 8.2 Payments
		Reasonable. Client
		and Contractor hereby acknowledge and agree that the terms, conditions and
		amounts fixed pursuant to this Article 8 are
		reasonable, considering the actual reduction in the value of the Facility,
		increased costs, reduced revenues and other losses that Client may sustain in
		the event of Contractor’s failure to achieve the Performance Guarantees.
		The amounts of these payments are agreed upon and fixed by the Parties as
		liquidated damages because of the difficulty of ascertaining the exact amount
		of such reduction in value, increased costs, reduced revenues and other losses
		that will actually be sustained by Client in the event of any such failure by
		Contractor, and the Parties hereby agree that the payment amounts specified
		herein are not penalties and shall be applicable regardless of the amount of
		such reduction in value, increased costs, reduced revenues and other losses
		actually sustained by Client. The payment of any Performance Guarantee Payments
		shall not affect Client’s rights to (i) terminate the Agreement
		pursuant to Article 15 or
		(ii) receive damages pursuant to Section 7.2.

	  

	 8.3 Payment.
		Contractor shall pay to Client all amounts required under this Article 8 within
		thirty (30) days of the expiration of the period agreed for Corrective Action
		pursuant to Section 6.3.1. 

	  

	 8.4 Exclusive
		Remedy.
		Provided that Substantial Completion has been achieved, payment of Performance
		Guarantee Payments and fulfillment of the other remedies specified in this
		Article 8 shall
		constitute the sole and exclusive remedy of Client and Financing Parties and
		the sole and exclusive liability of Contractor, for failure of Contractor to
		meet the Performance Guarantees set forth in this Article 8.

	  

	 30

	  

	 
 
	  

	 ARTICLE
		9

	  

	 Liability
		and Damages

	  

	 9.1 Limitation
		of Liability for Articles 7 and 8 Payments. In no
		event shall Contractor’s liability to Client and Financing Parties under
		the Contract Documents for (a) Late Completion Payments exceed in the
		aggregate [*]% of the Contract Price, or (b) Performance Guarantee
		Payments exceed in the aggregate [*]% of the Contract Price. Contractor’s
		total aggregate liability for Late Completion Payments and Performance
		Guarantee Payments shall not exceed [*]% of the Contract Price. 

	  

	 9.2 Consequential
		Damages. Except
		to the extent the liquidated damages provided for in Article 7 or
		Article 8 for
		Late Completion Payments or Performance Guarantee Payments may be construed to
		cover such damages, in no event shall Client, Financing Parties, or Contractor,
		or any of their contractors, subcontractors, or agents be liable for loss of
		anticipated profit or revenue; loss of profits or revenue; loss of use; loss of
		opportunity; loss of goodwill; cost of substitute facilities, goods, or
		services; cost of capital; governmental and regulatory penalties or sanctions
		imposed due to circumstances beyond the reasonable control of the entity that
		causes such penalty or sanction; and claims of customers; or for any special,
		indirect, exemplary, incidental, punitive, or consequential loss or damage,
		whether in contract, tort (including negligence), warranty, strict liability or
		any other legal theory. Notwithstanding the prior sentence, neither the costs
		incurred by Contractor to complete the Work nor the profit and overhead on such
		costs shall be considered consequential. 

	  

	 9.3 Aggregate
		Liability of Contractor.

	  

	 (a) Notwithstanding
		anything to the contrary contained in the Contract Documents, Contractor’s
		total aggregate liability under or in connection with this Agreement, the
		performance of the Work or breach of this Agreement shall not (i) prior to
		Provisional Acceptance exceed 100% of the Contract Price, and (ii) subsequent
		to Provisional Acceptance exceed 30% of the Contract Price. This limitation
		shall apply regardless of the theory of recovery and regardless of whether
		liability arises in tort or contract, at law or in equity.

	  

	 (b) The
		foregoing limitations of liability shall not apply to liability for
		(i) breach of Contractor’s obligations to ensure no Liens,
		(ii) Contractor’s indemnities for Hazardous Substances brought to the
		Facility Site by Contractor or its Subcontractors or other workers under their
		control, (iii) fraud or willful misconduct by Contractor or its
		Subcontractors or other workers under their control,
		(iv) Contractor’s indemnities for death, bodily injury and third
		party property damages or (v) breach of Contractor’s obligations
		under Section 2.3, and in
		each such case the aggregate liability limit shall be 100% of the Contract
		Price. The foregoing limitations of liability shall in no way limit (vi) any
		right to insurance proceeds Client may have as a result of its status as
		“additional 

	  

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		Certain confidential information on this page has been omitted and filed
		separately with the Securities and Exchange Commission.

	  

	 insured”
		on any policy of insurance supplied by Contractor pursuant to this Agreement,
		or (vii) Contractor’s obligations under Article
		10.

	  

	 9.4 Applicability
		of Disclaimers. Except
		to the extent prohibited by law, the waivers and disclaimers of liability,
		releases from liability, limitations on liability, indemnities, and exclusive
		remedy provisions set forth in this Agreement shall apply and shall be valid
		and enforceable even in the event of the fault, tort (including negligence,
		whether in whole or in part), breach of contract, breach of warranty,
		indemnity, strict liability, or any other basis of liability of the party for
		whose benefit such provisions operate and shall extend to the officers,
		directors, shareholders, employees, affiliates, licensors, agents,
		Subcontractors, and vendors of such party.

	  

	 9.5 Precedence
		and Survival. The
		rights and remedies expressly provided in this Agreement are the sole and
		exclusive rights and remedies of the Parties to this Agreement for the
		liabilities of such Parties arising out of or in connection with the Work or
		this Agreement, notwithstanding any remedy otherwise available at law or in
		equity.

	  

	 9.6 Survival. The
		provisions of this Article 9
		shall
		prevail over any conflicting or inconsistent provisions set forth elsewhere in
		this Agreement and shall survive the expiration or termination of this
		Agreement.

	  

	 ARTICLE
		10

	  

	 Warranties
		and Guarantees of Contractor

	  

	 10.1 Warranties
		and Guarantees. The
		warranties and guarantees in this Article 10
		are in
		addition to the guarantees of Contractor set forth in Article 7
		(Completion Date) and Article 8
		(Project
		Guarantees and Remedies).

	  

	 10.1.1 Materials.
		Contractor warrants and guarantees that all machinery, equipment, materials,
		systems, supplies and other items comprising the Work will be new and free from
		defective design, workmanship and materials and will meet all requirements of
		the Contract Documents and all Applicable Laws and Governmental Authorizations
		in effect at Project Completion; provided, that Contractor does not warrant and
		expressly disclaims all warranties, express or implied for items within
		Client’s Scope.

	  

	 10.1.2 Engineering
		and Construction.
		Contractor warrants and guarantees that it will perform all of its design,
		engineering and construction Work in a good and workmanlike manner and in
		accordance with the provisions of the Contract Documents and all Applicable
		Laws and Governmental Authorizations in effect at Project
		Completion.

	  

	 10.1.3 Qualifications.
		Contractor represents and warrants that it and its Subcontractors are, and
		shall be at all times, fully qualified and capable of performing the Work and
		completing the Project in accordance with the terms of the
		Agreement.

	  

	 32

	  

	 
 
	  

	 10.1.4 Corrections. If,
		during the one (1) year period following Provisional Acceptance (the
		“Warranty
		Period”),
		Client promptly notifies Contractor of any defects or deficiencies in the Work
		as warranted by the terms of this Article 10
		and if
		Client promptly provides Contractor access to the site to inspect, repair and
		replace such defect or deficiency, Contractor shall (a) re-perform any of such
		defective Work, at no additional cost to Client, to correct any such errors,
		omissions, defects or deficiencies and (b) in the case of any defective
		machinery, equipment, materials, systems, supplies or other items, shall repair
		or replace the same at Contractor’s option. Client’s notice of any
		such defect or deficiency shall be delivered to Contractor as soon as
		practicable following Client’s discovery thereof. Contractor’s
		obligations under this Section 10.1.4 shall
		include removal, repair and replacement of non-conforming portions of the Work,
		machinery, equipment, materials, systems, supplies or other items, as well as
		uncovering, removal, recovering and replacement of other portions of the Work,
		machinery, equipment, materials, systems, supplies or other items as may be
		necessary to gain access to the non-conforming Work, machinery, equipment,
		materials, systems, supplies or other items. If any defective machinery,
		equipment, materials, systems, supplies or other items are repaired or replaced
		during the Warranty Period, the warranty for such replaced equipment or
		materials shall be extended until the date which is one (1) year after the date
		of repair or replacement but not to exceed two (2) years after Provisional
		Acceptance (the “Extended
		Warranty Period”).
		The duties, liabilities and obligations of Contractor under this Section 10.1
		do not
		extend to any repairs, adjustments, alterations, replacements or maintenance of
		materials as a result of (i) the failure of Client to operate and maintain
		the Facility in accordance with the Operating Manuals, Supplier instructions or
		Good Practice, (ii) material alteration or modification performed without
		Contractor’s consent or (iii) which are required as a result of
		normal wear and tear in the operation of the Facility.

	  

	 10.1.4.1 Client,
		without cost to Contractor, shall provide working access to the Facility,
		including disassembling, removing, replacing and reinstalling any equipment,
		materials or structures not furnished by Contractor to the extent necessary for
		Contractor to perform its warranty obligations. Client shall, at Client’s
		expense, furnish at the request of the Contractor, personnel (to the extent
		available and not inconsistent with job classifications) and, facilities, to
		the extent available at the Facility Site, to assist Contractor in any repair
		or replacement pursuant to its warranty obligations. Subject to Client’s
		security requirements and during normal business hours, Client shall allow
		Contractor the opportunity to review operating and maintenance records relating
		to the Facility and shall provide Contractor’s representatives reasonable
		access to the Facility Site for the purpose of observing the equipment and the
		operation and maintenance thereof.

	  

	 10.1.4.2 If,
		after notification of any such defect or deficiency, Contractor shall delay or
		fail to commence, continue or complete the correction of such defect or
		deficiency in accordance with the agreed schedule (which shall be appropriate
		given the nature of the defect or deficiency), then Client may correct such
		defect and Contractor shall be liable for all costs, charges and expenses
		incurred by Client in connection with such repair or replacement and shall
		immediately pay to Client an amount equal to such costs, charges and expenses,
		together with any other amounts owing to Client hereunder, upon receipt of
		invoices from Client, and the 

	  

	 33

	  

	  
 
 
	  

	 Warranty
		Period shall be extended with respect to such items as though Contractor had
		made such repair pursuant to Section 10.1.4.

	  

	 10.2 Standard
		of Performance.
		Without limiting any other provision of the Agreement, (a) Contractor
		shall perform the Work in accordance with and consistent with Good Practices
		and Applicable Laws, and
		(b) the Facility shall be constructed and erected (i) in a good
		workmanlike manner, and (ii) using principles, criteria and standards
		generally accepted for use by an experienced contractor in the region in which
		the Facility is located and in connection with ethanol production facilities of
		the same or similar size, type, and complexity as the Facility (when operated
		and maintained in accordance with the Operating Manuals and manufacturers’
		instructions and Good Practices).

	  

	 10.3 No
		Liens or Encumbrances. To the
		extent Contractor has been paid in accordance with this Agreement, Contractor
		warrants and guarantees that title to the Facility and the Work, materials,
		machinery, systems, supplies and equipment provided in connection with the
		Project (except for items within Client’s Scope) shall pass to Client free
		and clear of all Liens, claims, security interests and other encumbrances; and
		that none of such Work, materials, machinery, systems, supplies or equipment
		shall be acquired by Contractor subject to any agreement under which a security
		interest or other lien or encumbrance is retained by any Person.

	  

	 10.4 Limitation
		of Warranties. EXCEPT
		AS EXPRESSLY PROVIDED IN SECTION 10.1, THERE
		ARE NO WARRANTIES OR GUARANTEES EXPRESS OR IMPLIED RELATING TO THE WORK,
		MACHINERY, EQUIPMENT, MATERIALS, SYSTEMS, SUPPLIES OR OTHER ITEMS AND
		CONTRACTOR DISCLAIMS ANY IMPLIED WARRANTIES OR WARRANTIES IMPOSED BY LAW
		(INCLUDING WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE),
		OTHER THAN WARRANTIES OF TITLE. EXCEPT AS PROVIDED IN SECTION 10.1.4.2,
		PERFORMANCE BY CONTRACTOR OF ITS OBLIGATIONS UNDER SECTION 10.1.4
		SHALL BE
		CLIENT’S EXCLUSIVE REMEDY AND CONTRACTOR’S SOLE LIABILITY FOR ANY
		DEFECTS OR DEFICIENCIES IN THE WORK, MACHINERY, EQUIPMENT, MATERIALS SYSTEMS,
		SUPPLIES OR OTHER ITEMS.

	  

	 ARTICLE
		11

	  

	 Force
		Majeure

	  

	 11.1 Force
		Majeure Event. As
		used in this Agreement, a “Force
		Majeure Event”
		shall mean any act or event that prevents the affected Party from performing
		its obligations under this Agreement if such act or event is beyond the
		reasonable control of and not the fault of the affected Party. A Force Majeure
		Event shall include, but not be limited to, the following events: war,
		lightning, earthquake, fire, volcanic eruption, landslide, typhoon, hurricane,
		flood, tornado, other unusually severe weather, explosion, strikes or labor
		disputes (but expressly excluding any strikes or labor disputes involving only
		employees or other direct labor of Contractor or its Subcontractors at the
		Facility Site), civil disturbance, act of God or the public enemy, or action
		

	  

	 34

	  

	  

		 

	  

	 of a
		court or public authority (provided that if a claim of Force Majeure event
		asserts an unreasonable delay or inaction of a public authority, such delay,
		action or inaction shall only be a Force Majeure event, if proper and timely
		application therefore was made, taking into account all facts and circumstances
		after due investigation into the time required for such requested action,
		payments of all necessary fees and charges was made, and diligent and customary
		pursuit of the application was made). The following events are explicitly
		excluded from Force Majeure Events and are solely the responsibility of the
		affected Party: (a) late delivery of equipment or materials (unless caused
		by a Force Majeure Event), (b) economic hardship, or
		(c) nonperformance or delay by Subcontractors (unless caused by a Force
		Majeure Event).

	  

	 11.2 Excused
		Performance. Except
		for payment obligations accruing in accordance with this Agreement for Work
		that is not affected by a Force Majeure Event, if either Party is rendered
		wholly or partially unable to perform its obligations under the Agreement
		because of a Force Majeure Event, that Party will be excused from whatever
		performance is affected by the Force Majeure Event to the extent so affected;
		provided that:

	  

	 (a) The
		affected Party, within ten (10) business
		days after becoming aware of the occurrence of a Force Majeure Event, gives the
		other Party written notice describing the particulars of the occurrence,
		including an estimation of its expected duration and probable impact on the
		performance of such Party’s obligations, and thereafter continues to
		furnish timely regular reports with respect thereto during the continuation of
		the Force Majeure Event and the effects thereof;

	  

	 (b) The
		suspension of performance shall be of no greater scope and of no longer
		duration than is reasonably required by the Force Majeure Event;

	  

	 (c) No
		liability of either Party for an event which arose before the occurrence of the
		Force Majeure Event shall be excused as a result of the occurrence, except that
		the obligation for any on-going Late Completion Payments shall cease during the
		delay caused by the Force Majeure Event; and

	  

	 (d) The
		affected Party shall exercise all reasonable efforts to mitigate or limit
		damages to the other Party; provided, however, notwithstanding anything in this
		Agreement to the contrary, the affected Party shall not be obligated to
		accelerate its Work or otherwise incur costs which would not normally be
		incurred in performance of the Work in order to overcome any delay due to a
		Force Majeure Event, unless such Party is compensated for the costs resulting
		from such acceleration in accordance with Article 12.

	  

	 The
		Parties shall execute a Change Order pursuant to Article 12 to
		equitably adjust the Contract Price and Project Schedule as a result of each
		Force Majeure Event.

	  

	 35

	  

	  

		
		 
 

	 ARTICLE
		12

	  

	 Scope
		Changes

	  

	 12.1 Scope
		Changes.
		Client, without invalidating this Agreement, may order Scope Changes to the
		Work, where one or more of the Contract Price, the Guaranteed Completion Dates,
		the Payment Schedule, the Project Schedule or the Project Guarantees and other
		such parts of this Agreement as may be affected by such Scope Change shall be
		adjusted as necessary. If Client decides not to issue a Scope Change after
		having requested one, unless such Scope Change Request is issued in response to
		a Contractor Scope Change Order Notice as set forth in Section 12.2.2 below,
		Contractor shall be entitled to reasonable compensation for providing any
		engineering services in responding to Client’s Scope Change Request. Such
		reasonable compensation shall be determined in accordance with Appendix
		K. All
		Scope Changes shall be authorized by a Scope Change Order and only the Client
		or Client’s Representative may issue Scope Change Orders.

	  

	 12.2 Procedure
		for Scope Changes.

	  

	 12.2.1 As soon
		as reasonably possible, but in no event later than fifteen (15) days after
		Contractor becomes aware of any circumstances which Contractor has reason to
		believe may constitute a Scope Change, Contractor shall issue to Client a Scope
		Change Order Notice at Contractor’s expense. All Scope Change Order
		Notices shall include preliminary documentation sufficient to enable Client to
		determine (i) the factors necessitating the possibility of a Scope Change;
		(ii) the impact which the Scope Change is likely to have on the Contract
		Price; (iii) the impact which the Scope Change is likely to have on
		scheduling and the Guaranteed Completion Dates; and (iv) any other
		adjustments to this Agreement which Contractor believes should be made as a
		result of the Scope Change.

	  

	 12.2.2 If
		Client desires to make a Scope Change in response to a Scope Change Order
		Notice or otherwise, it shall submit a Scope Change Order Request to
		Contractor. Contractor shall promptly review the Scope Change Order Request and
		notify Client promptly in writing of the options for implementing the proposed
		Scope Change (including, if possible, any option that does not involve an
		extension of time) and the effect, if any, each such option would have on the
		Contract Price, the Guaranteed Completion Dates, the Payment Schedule, the
		Project Schedule, or the Project Guarantees, or any other such part of this
		Agreement as may be affected. The preparation and provision of information to
		Client in response to Scope Change Order Request shall be at Contractor’s
		expense if such Scope Change Order Request is issued in response to a Scope
		Change Order Notice issued by Contractor.

	  

	 12.2.3 If a
		Scope Change is in order, Client shall issue a Scope Change Order, in which
		event the Contractor’s response to a Scope Change Order Request pursuant
		to Section 12.2.2 shall
		be binding on Contractor. In the event Client disagrees with Contractor’s
		statement of the effect of such Scope Change on any one or more of the Contract
		Price, the Guaranteed Completion Dates, the Payment Schedule, the Project
		Schedule, the Project 

	  

	 36

	  

	  
 
 
	  

	 Guarantees,
		or any other such part of this Agreement as may be affected, Client may proceed
		to issue the Scope Change Order in accordance with Section 12.7.

	  

	 12.2.4 Client
		shall issue a Scope Change Order for each Scope Change.

	  

	 12.3 Scope
		Changes Due to Contractor Error. Except
		as provided in Sections 12.4,
		12.5,
		12.6
		or
		12.7, no
		Scope Change Order shall be issued and no adjustment of any one or more of the
		Contract Price, the Guaranteed Completion Dates, the Payment Schedule, the
		Project Schedule or the Project Guarantees shall be made in connection with any
		delay, failure of performance, correction of errors, omissions, deficiencies or
		improper or defective Work, machinery, equipment, materials, systems, supplies
		or other items on the part of Contractor or any Subcontractor in the
		performance of the Work or provisions of, or delay in provisions of machinery,
		equipment, materials, systems, supplies or other items by Contractor or any
		Subcontractor, or any failure of Contractor or any Subcontractor to comply with
		the Agreement.

	  

	 12.3.1 To the
		extent any delay or failure of performance was concurrently caused by Client
		and Contractor, Contractor shall be entitled to an adjustment of the Contract
		Price, the Project Schedule and Guaranteed Completion Dates for only that
		portion of the critical path delay that was due to Client, provided that
		Contractor submits a proper Scope Change Order Notice in accordance with
		Section 12.2.1.
		

	  

	 12.4 Scope
		Changes Due to Changes in Law. Any
		changes in Applicable Laws enacted after the Effective Date of this Agreement
		which Contractor believes may constitute a Scope Change, shall entitle
		Contractor to request equitable adjustments to the Contract Price, Project
		Schedule and other obligations under this Agreement by issuance of a Scope
		Change under Section 12.2.

	  

	 12.5 Effect
		of Force Majeure Event.
		Subject to the final sentence of Section 11.2, in the
		event and to the extent that a Force Majeure Event affects Contractor’s
		ability to meet the Guaranteed Completion Dates, the Payment Schedule or the
		Project Schedule, an equitable adjustment in one or more of the Guaranteed
		Completion Dates, the Payment Schedule and the Project Schedule shall be made.
		Subject to the final sentence of Section 11.2, in the
		extent a Force Majeure Event adversely impacts Contractor’s cost of
		performance of the Work, such event shall be treated as a Scope Change and an
		equitable adjustment in one or more of the Guaranteed Completion Dates, the
		Payment Schedule, the Project Schedule and the Contract Price shall be made. To
		the extent Contractor cannot reasonably redeploy labor or equipment, reasonable
		standby and mobilization/remobilization costs incurred by Contractor resulting
		from any such delay shall be reimbursed to Contractor monthly as such costs are
		incurred.

	  

	 12.6 Client-Caused
		Changes. In the
		event and to the extent (a) a failure of Client to perform, or cause
		performance of, its obligations in accordance with this Agreement (including
		any defects or deficiencies in items within Client’s Scope or interference
		by Client or others for whom Client is responsible) or (b) damage to or
		destruction of any Work caused by Client, causes a material delay in
		Contractor’s performance of the Work which impairs Contractor’s
		ability to meet the Guaranteed Completion Dates or the Project Guarantees, or
		materially and adversely impacts Contractor’s cost of performance of the
		Work, an equitable adjustment in one 

	  

	 37

	  

	  

		 

	  

	 or more
		of the Guaranteed Completion Dates, the Payment Schedule, the Project Schedule,
		or the Contract Price and/or any other such part of this Agreement as may be
		affected shall be made pursuant to this Article 12. To the
		extent Contractor cannot reasonably redeploy labor or equipment, reasonable
		standby and mobilization/remobilization costs incurred by Contractor resulting
		from any such delay shall be reimbursed to Contractor monthly as such costs are
		incurred.

	  

	 12.7 Effectiveness;
		Continued Performance Pending Resolution of Disputes. If a
		Scope Change is initiated under this Article 12, then
		the Scope Change and the modifications made pursuant to such Scope Change shall
		be effective upon issuance by Client of a Scope Change Order with respect
		thereto. Notwithstanding a Dispute regarding any proposed or requested Scope
		Change, or any adjustment of one or more of the Contract Price, the Guaranteed
		Completion Dates, the Project Schedule, the Project Guarantees, or any other
		such part of this Agreement as may be affected with respect to a Scope Change,
		pending final resolution of such Dispute (including pursuant to Article 20),
		Contractor shall proceed with the performance of such Scope Change promptly
		following Client’s execution of the corresponding Scope Change
		Order.

	  

	 12.8 Documentation. All
		claims by Contractor for adjustments pursuant to a Scope Change to one or more
		of the Contract Price, the Guaranteed Completion Dates, the Payment Schedule,
		the Project Schedule, the Project Guarantees, or any other such part of this
		Agreement as may be affected as a result of Scope Changes under this
		Article 12 shall
		be supported by such documentation as is reasonably sufficient for Client to
		determine the accuracy thereof.

	  

	 12.9 Scope
		Change Order Constitutes Complete Relief. Except
		for aggregate impacts which are either unknown, or despite the exercise of
		reasonable diligence would not be known at the time of execution of a Scope
		Change Order, any Scope Change Order agreed to between the Parties shall
		constitute full compensation to Contractor for all claims for cost for direct,
		indirect, labor, temporary construction failures, job site, or home office
		overhead, stacking of trades, inefficiencies, impacts or any other cost of any
		kind or nature; and in the event the Scope Change Order adjusts the Guaranteed
		Completion Dates, the executed Scope Change Order constitutes complete relief
		to Contractor for schedule impacts for all events giving rise to the Scope
		Change Order.

	  

	 ARTICLE
		13

	  

	 Indemnification

	  

	 13.1 General
		Indemnification.

	  

	 13.1.1 Contractor’s
		General Indemnification Obligation.
		Contractor shall defend, indemnify and hold harmless Client, Lenders and their
		subsidiaries and affiliates and the directors, officers, employees, agents,
		successors, and permitted assigns of each of them (the “Client
		Indemnified Parties”)
		from and against all liabilities, claims, damages, losses and expenses,
		including reasonable attorneys’ fees directly related thereto (for
		purposes of this 

	  

	 38

	  

	  
 
 
	  

	 Article 13,
		the
		“Claims”) for (i) bodily injury to or death of any person,
		including Contractor’s and Subcontractor’s employees, and
		(ii) for loss or damage to the property of third parties, but only to the
		extent caused by the negligence or willful misconduct of Contractor or its
		Subcontractors, or anyone for whose acts they are liable in connection with
		activities under this Agreement. For purposes of this Section 13.1.1,
		the
		Work, Facility, and
		Project, as defined in this Agreement, shall not be construed as third party
		property.

	  

	 13.1.2 Client’s
		General Indemnification Obligation. Client
		shall defend, indemnify and hold harmless Contractor and its subsidiaries and
		affiliates and the directors, officers, employees, agents, successors, and
		permitted assigns of each of them (the “Contractor
		Indemnified Parties”)
		from and against all Claims for (i) bodily injury to or death of any person,
		including Client’s employees, and (ii) for loss or damage to the property
		of third parties, but only to the extent caused by the negligence or willful
		misconduct of Client or anyone for whose acts they are liable in connection
		with activities under this Agreement.

	  

	 13.1.3 Applicable
		Laws and Taxes.

	  

	 13.1.3.1 Client
		shall defend, indemnify and hold harmless Contractor from and against all
		Claims to the extent caused by (a) Client’s failure to comply with
		Applicable Laws or (b) Client’s failure to pay taxes arising out of
		this Agreement

	  

	 13.1.3.2 Contractor
		shall defend, indemnify and hold harmless Client Indemnified Parties from and
		against all Claims to the extent caused by (a) Contractor’s failure to
		comply with Applicable Laws or (b) Contractor’s failure to pay taxes
		relating to Contractor’s income or other taxes required to be paid by
		Contractor without reimbursement under this Agreement arising out of or in
		connection with this Agreement or performance by Contractor or any of its
		Subcontractors of the Work under this Agreement.

	  

	 13.1.4 Hazardous
		Materials.

	  

	 13.1.4.1 Client
		Indemnification. Client
		shall defend, indemnify and hold harmless the Contractor Indemnified Parties
		and each
		Subcontractor, and the affiliates, subsidiaries, and subcontractors of each of
		them, and the directors, officers, employees, successors and permitted assigns
		of each of them from and
		against all Claims, resulting from (a) the presence of any Hazardous
		Material on, or the release of any Hazardous Material on or from, the Facility
		Site prior to the commencement by Contractor of performance of the Work,
		(b) the introduction of any Hazardous Material (other than pursuant to
		this Agreement) at, on or into the Facility Site after the commencement of the
		Work other than to the extent Contractor would be required to indemnify Client
		Indemnified Parties pursuant to Section 13.1.4.2 below,
		and (c) after Provisional Acceptance, Hazardous Materials which are
		by-products of the normal operation of the Facility; provided, that Client
		shall not be obligated to provide such to the extent that the damages
		are a result
		of Contractor’s or a Subcontractor’s failure to comply with
		Applicable Laws.

	  

	 39

	  

	  

		 

	  

	 13.1.4.2 Contractor
		Indemnification.
		Contractor shall defend, indemnify and hold harmless Client Indemnified Parties
		from and against all Claims resulting from (a) any Hazardous Material that has
		been brought onto the Facility Site by Contractor or any Subcontractor or any
		person acting on behalf of, or under the direction or supervision of,
		Contractor or Subcontractor for the purpose of performing the Work, (b)
		Contractor’s or a Subcontractor’s failure to comply with Applicable
		Laws.

	  

	 If
		Contractor encounters any pre-existing Hazardous Materials at the Facility Site
		of the type described in Section 13.1.4.1(a) above,
		and knows or reasonably should have known that such materials are Hazardous
		Materials, Contractor shall immediately stop Work in the affected area and
		notify Client. If under such circumstances, Contractor fails to stop Work and
		notify Client or takes any affirmative action which results in the additional
		release of such Hazardous Materials Contractor shall be responsible and liable
		for and shall indemnify Client Indemnified Parties against all Claims resulting
		from such failure or affirmative action.

	  

	 13.1.5 No
		Indemnity of Party at Fault.
		Nothing contained herein shall obligate any party specified in this
		Article 13 to
		indemnify or hold harmless any other party, its assigns or any of their
		respective directors, officers, or employees from any Claim to the extent such
		Claim is caused by the negligence or willful misconduct of the party seeking
		indemnification.

	  

	 13.1.6 Conditions. Each
		party’s obligations with respect to Claims and suits covered by this
		Section 13.1 are
		subject to the conditions that (a) the indemnitee gives the indemnitor
		reasonably prompt written notice of any such claim or suit, (b) the indemnitee
		cooperates in the defense of any such claim or suit, and (c) the indemnitor has
		sole control of the defense and settlement to the extent of the
		indemnitor’s liability for any such claim or suit; provided, that the
		indemnitor shall not settle any suit for which it is providing an indemnity
		under this Article
		13 without
		the prior consent of the indemnitee, such consent not to be unreasonably
		withheld so long as such settlement completely discharges or releases the
		indemnifiable claims against the indemnitee and, if Client is the indemnitee,
		does not impose by way of consent decree, injunction or otherwise any restraint
		or limitation on operation or use of the Facility.

	  

	 13.2 Intellectual
		Property Infringement.

	  

	 13.2.1 Patent
		and Copyright Indemnification.
		Contractor shall defend, indemnify and hold harmless Client Indemnified Parties
		from and against all Claims, arising from any claim or legal action for
		unauthorized disclosure or use of any trade secrets, or of patent, copyright or
		trademark infringement arising from Contractor’s performance, or that of
		its Subcontractors, of the Work, that either (a) concerns any equipment,
		materials, supplies, or other items furnished by Contractor or any
		Subcontractor under this Agreement, or (b) is based upon or arises out of the
		design or construction and use of any item specified by Contractor under this
		Agreement.

	  

	 13.2.2 Contractor’s
		Responsibility for Litigation. If
		such claim or legal action for such infringement results in a suit against any
		of the Client Indemnified Parties, Contractor shall, at its election and in the
		absence of waiver of this indemnity by the affected Client Indemnified
		

	 
		 

		40

		 
 

	 
 
	  

	 Parties,
		have sole charge and direction of such suit in said Client Indemnified
		Parties’ behalf and Contractor shall diligently defend said
		suit.

	  

	 13.2.3 Assistance
		by Client. If
		Contractor has charge of any suit brought against Client Indemnified Parties,
		Client Indemnified Parties shall render such assistance as Contractor may
		reasonably require in the defense of such suit except Client Indemnified
		Parties shall have the right to be represented therein by legal counsel of
		their own choice and at their own expense.

	  

	 13.2.4 Limitations
		and Conditions. In the
		event of any claim or legal action for infringement, Contractor shall have the
		right, at its option, and at its expense subject to the limitations of
		Contractor’s liability set forth in this Agreement, either to procure for
		Client the rights alleged to have been infringed or to modify the infringing
		item in a way so that it becomes non-infringing.

	  

	 13.3 Liens.
		Contractor shall keep the Facility Site, the Facility and the Work free from
		all liens, charges, claims and judgments, security interests or encumbrances
		(“Liens”)
		arising out of the performance of the Work under this Agreement or pursuant to
		any Subcontract and shall defend, indemnify and hold harmless Client from and
		against all costs, charges and expenses, including reasonable attorneys’
		fees directly related thereto, that Client may incur resulting from or arising
		out of such Liens, unless a payment default has occurred and is continuing
		under this Agreement and then the Contractor may create a Lien only to the
		extent of Work to which the payment default relates. Contractor’s
		indemnification obligations with respect to Liens covered by this Section 13.3
		are
		subject to the following conditions that: (a) Client
		gives Contractor prompt written notice of any such Lien of which it has
		knowledge, (b) Client cooperates in the defense of any such Lien, and
		(c) Contractor has sole control of Contractor’s defense and
		settlement, to the extent of Contractor’s liability, for any such Lien;
		provided, that Contractor shall promptly confirm in writing its obligation to
		indemnify Client with respect to all costs and expenses with respect to such
		Lien or claim. Contractor shall take prompt steps to discharge any such Lien
		filed against the Facility Site, the Facility and the Work or upon any
		Contractor furnished equipment or structures encompassed therein, or upon the
		premises upon which they are located by any Subcontractor based on a claim for
		payment in connection with the Work. If Contractor fails to promptly discharge,
		bond or otherwise assure the payment of any such Lien, Client shall promptly
		notify Contractor in writing and ten (10) business days after such notice,
		shall be entitled to take any reasonable action to satisfy, defend, settle or
		otherwise remove such Lien at Contractor’s expense. Client shall have the
		right to deduct any such expenses from any payment due, or which may become
		due, to Contractor. Contractor shall have the right to contest any such Lien
		provided it first provides to Client a bond or other assurances of payment
		reasonably satisfactory to Client in the amount of such Lien in form and
		substance satisfactory to Client.

	  

	 13.4 Notice
		and Legal Defense. Except
		to the extent expressly provided otherwise in this Agreement, promptly after
		receipt by an indemnitee of any claim or notice of the commencement of any
		action, administrative or legal proceeding, or investigation as to which any
		indemnity provided for in Article 13
		applies, the indemnitee shall notify the indemnitor of such fact. The
		

	  

	 41

	  

	  

		 

	  

	 indemnitor
		shall assume on behalf of the indemnitee and conduct with due diligence and in
		good faith the defense thereof with legal counsel reasonably satisfactory to
		the indemnitee; provided, the indemnitee shall have the right to be represented
		therein by advisory legal counsel of its own selection and at its own
		expense.

	  

	 13.5 Settlement
		of Claims. An
		indemnitee may elect to settle a claim against it, notwithstanding the
		indemnitor’s willingness to assume the defense thereof, in which case the
		indemnitee shall not be reimbursed for its costs and expenses (including, but
		not limited to, the amount of the settlement agreement) in connection with any
		settlement paid without the indemnitor’s prior consent. An indemnitor may
		elect to settle any claims as to which it has assumed the defense; provided
		that Contractor shall waive the aggregate liability caps set forth in
		Section 9.3 prior
		to agreeing to any such settlement which would cause Contractor’s
		aggregate liability to be in excess of such liability caps.

	  

	 ARTICLE
		14

	  

	 Insurance

	  

	 14.1 Not
		Used.

	  

	 14.2 Insurance
		Obtained by Contractor.
		Contractor shall, at its expense, obtain and maintain in effect for the period
		beginning on the date that is ten (10) days after the hereof and for so long
		after Project Completion that Contractor has any repair or warranty obligations
		under this Agreement those insurance coverages specified in this Section 14.2. All
		such insurance obtained by Contractor shall be in compliance with all sums,
		deductibles, requirements and/or conditions specified in this Article 14.

	  

	 14.2.1 Insurance
		Firm Qualification.
		Contractor, at its sole expense, shall procure or cause to be procured and
		maintain in full force and effect for the period beginning on the Commencement
		Date through the Warranty Period (or Extended Warranty Period, as applicable),
		insurance policies with insurance companies authorized to transact business in
		the jurisdiction in which the Project is located with (i) a Best Insurance
		Reports rating of “A-” or better and a financial size category of
		“X” or higher, (ii) or a Standard & Poor’s financial
		strength rating of “A-” or higher, (iii) or other companies
		acceptable to Client and Contractor, with limits and coverage as set forth
		below. Said types of coverage and limits of liability may be satisfied by any
		combination of primary or excess insurance as determined in Contractor’s
		sole discretion.

	  

	 14.2.2 Insurance
		of Project. On or
		before the Commencement Date, the Client shall procure property damage
		(“Builder’s
		Risk”)
		insurance for the Project with limits, deductibles, terms and conditions in
		accordance with industry practice, acceptable to its Lenders and the
		Contractor. The insurance shall provided coverage for full replacement value on
		an “all-risk” basis, except for the perils normally sub limited on an
		aggregate basis including Flood, Earthquake and Pollution/Hazardous Material
		Clean Up. The Builder’s Risk insurance shall 

	  

	 42

	  

	  
 
 
	  

	 include
		as additional insureds the interest of Client, Financing Parties, Financing
		Parties’ agents, Contractor, design consultants, Subcontractors and
		suppliers of every tier, and Contractor Indemnified Parties, each of whom is
		deemed to have an insurable interest. Such insurance shall be written on a
		Builder’s Risk “all-risk” or open peril or special causes of
		loss policy form that shall at least include insurance for physical loss or
		damage to the Work, temporary buildings, Work in transit including inland
		transit, and Work in storage at the Facility Site or at another location
		acceptable to Client and Contractor, and shall insure against at least the
		following perils: fire, lightning, extended coverage, theft, vandalism and
		malicious mischief, earthquake, collapse, debris removal, demolition occasioned
		by enforcement of Applicable Laws, water damage, flood, and damage caused by
		frost and freezing. Such insurance shall remain in effect until Client takes
		possession and control of the Facility pursuant to Section 6.5.4 of the
		Agreement. Contractor shall not be required to cover any loss over and above
		the recoverable insurance, unless loss is caused by the Contractors gross
		negligence. 

	  

	 (a) The
		Builder’s Risk insurance shall (i) insure one hundred percent (100%) of
		the value of the Project, and (ii) insure loss or damage from earth movement
		and flood with a sub-limit of 25% of the value of the Project (subject to
		availability on commercially reasonable terms and conditions). The Builders
		Risk Policy shall also respond to Delay in Start Up insurance in an amount
		sufficient to meet the requirements of Client’s Financing Party
		requirements.

	  

	 (b) The
		Builders Risk and Delay in Start Up policy shall also respond to transit,
		boiler and machinery insurance that will include the interest of the Client,
		Financing Parties, Financing Parties’ agents, Contractor, design
		consultants, Subcontractors and suppliers of every tier, and Contractor
		Indemnified Parties. In the event that any deductible, retention or
		retrospective premium applies, Client shall be responsible for paying such
		deductible, retention or retrospective premium, unless the loss was as a result
		of the Contractors gross negligence in which case deductibles and underinsured
		perils shall be the responsibility of the Contractor up to an amount of
		$100,000. 

	  

	 14.2.3 Cargo
		Insurance. Should
		any of the Work be shipped to the Facility Site by ocean going vessels or
		aircraft, Client shall procure or may request the Contractor procure cargo
		insurance insuring the Client and endorsing the Financing Parties, Financing
		Parties’ agents, Contractor, Subcontractors and suppliers of every tier,
		and Contractor Indemnified Parties, as Additional Insureds as their interests
		may appear, on a “warehouse to warehouse” basis including land, air
		and marine transit insuring “all risks” of loss or damage on a
		replacement cost basis plus freight and insurance from the time the goods are
		in the process of being loaded for transit until they are finally delivered to
		the Facility Site including shipment deviation, delay, forced discharge,
		re-shipment and transshipment. Such insurance shall (i) include coverage
		for war, strikes, theft, pilferage, non-delivery, charges of general average
		sacrifice or contribution, salvage expenses, temporary storage in route,
		consolidation, repackaging, refused and returned shipments, debris removal,
		(ii) contain a replacement by air extension clause, a 50/50 clause, a
		difference in conditions for C.I.F. shipments, an errors and omissions clause,
		an import duty 

	  

	 43

	  

	  
 
 
	  

	 clause,
		and a non vitiation clause, (iii) contain no exclusion for inadequate
		packing, and (iv) insure for the replacement value of the largest single
		shipment plus freight and insurance.

	  

	 14.2.4 Commercial
		General Liability Insurance.
		Contractor, with Client, Financing Parties, and Client Indemnified Parties as
		additional insureds, shall maintain Commercial General Liability insurance.
		Said insurance shall be in an amount of fifteen million dollars ($15,000,000)
		and shall cover Contractor’s legal liability to others for damage or death
		or personal injury occurring before expiration of the Warranty Period described
		in Section 10.1
		in the
		Agreement to any Person (including any employee of Client) or to any property
		(other than property forming part of the Project) due to or arising out of the
		performance of the Work at the Facility Site by Contractor or Sub-contractors.
		Said insurance shall be on an occurrence form. Contractor’s primary
		Commercial General Liability insurance policy(ies) shall be endorsed to provide
		separate General Aggregate limits on a per project basis per ISO endorsement CG
		25 03 or the equivalent. Said insurance will be endorsed or amended as to be
		considered primary, and any other similar casualty insurance maintained by
		Client is excess and not contributory with this insurance.

	  

	 14.2.5 Professional
		Errors and Omissions Insurance.
		Contractor shall maintain Professional Errors and Omissions Insurance. Said
		insurance shall be in an amount of two million dollars ($2,000,000) (and
		Contractor shall require that its subcontractors have such insurance in an
		amount of five million dollars ($5,000,000)), and the coverage shall remain in
		effect for at least 2 years following completion.

	  

	 14.2.6 Sudden
		and Accidental Pollution.
		Contractor, with Client, Financing Parties, and Client Indemnified Parties as
		additional insureds, shall maintain Sudden and Accidental Pollution insurance.
		Said insurance shall be in an amount of five million dollars ($5,000,000).
		

	  

	 14.2.7 Excess
		Third Party Insurance.
		Contractor, with the Client, Financing Parties, Financing Parties’ Agents
		and Indemnified Parties as additional insureds, shall insure in an amount of
		ten million dollars ($10,000,000), such insurance being considered excess of
		third party insurance required pursuant to Section 14.2.4,
		against liability for damage or death or personal injury occurring before
		expiration of the Warranty Period described in Section 10.1 in the
		Agreement to any Person (including any employee of Client) or to any property
		(other than property forming part of the Project) due to or arising out of the
		performance of the Work by Contractor or Subcontractors.

	  

	 14.2.8 Insurance
		against Accident, etc., to Workmen.
		Contractor shall insure and shall maintain Worker’s Compensation insurance
		in accordance with Applicable Laws, and Employers’ Liability insurance
		with coverage limits of one million dollars ($1,000,000) per accident, for all
		actions, suits, claims, demands, costs, charges and expenses arising in
		connection with the death of or injury to any person employed by
		Contractor.

	  

	 14.2.9 Automobile
		Liability Insurance.
		Contractor, with the Client Indemnified Parties as additional insureds, shall
		maintain automobile liability insurance covering Contractor’s legal
		liability for vehicles owned, hired, or non-owned utilized by Contractor in
		connection with 

	  

	 44

	  

	  
 
 
	  

	 the
		Work. Such insurance shall have the limits required by Applicable Laws in all
		relevant jurisdictions, but in any event not less than one million dollars
		($1,000,000) per occurrence and in the aggregate for bodily injury (including
		death) and property damage where applicable (unless Client shall agree that
		another limit may be obtained in a particular jurisdiction).

	  

	 14.2.10 General
		Insurance Requirements.
		Contractor shall furnish to Client and Client shall furnish to Contractor, by
		such date as the Parties agree, certificates of insurance from each insurance
		carrier showing that the above required insurance is in force, the amount of
		the carrier’s liability thereunder, and further providing that the
		insurance will not be canceled, not renewed or limits reduced by endorsement
		until the expiration of at least thirty (30) days (to the extent obtainable
		under commercially reasonable terms) (or ten (10) days in the case of
		cancellation due to non-payment of premiums) after written notice of such
		cancellation, non-renewal, or reduction in limits has been received by
		Client.

	  

	 14.2.11 Remedy
		on Failure to Insure. If
		Contractor shall fail to effect and keep in force the insurances for which it
		is responsible, Client may, upon the expiration of at least thirty (30) days
		after written notice of such failure has been received by Contractor, effect
		and keep in force any such insurance, and pay such premiums as may be necessary
		for that purpose, and from time to time deduct the amount so paid by Client
		from any amounts due or which may become due to Contractor under the
		Agreement.

	  

	 14.2.12 Waiver
		of Subrogation. All
		insurance policies provided by Contractor or Client pursuant to this Agreement
		shall include a waiver of any right of subrogation of the insurers thereunder
		of any right of the insurers to any set-off or counterclaim or any other
		deduction, whether by attachment or otherwise, in respect of any liability of
		any such person insured under any such policy. Contractor and Client shall
		waive all rights and shall require their insurers to waive subrogation rights
		against each other and their affiliates and subcontractors and the directors,
		officers, partners, commissioners, officials, agents, subcontractors and
		employees of each of them for damages covered by property insurance during and
		after the completion of the Work.

	  

	 14.2.13 Loss
		Payee. Any
		loss covered under Client’s Builder’s Risk insurance shall be
		adjusted with Client and Contractor and made payable to both of them as
		trustees for the insureds as their interests may appear, subject to any
		applicable Financing clause. All insurance proceeds received as a result of any
		loss will be placed in a separate account and distributed in accordance with
		such agreement as the interested parties may reach. Any disagreement concerning
		the distribution of any proceeds will be resolved in accordance with Article
		20.

	  

	 14.2.14 Subcontractor
		Insurance.
		Contractor shall require all those Subcontractors providing on site labor
		directly to Contractor or the Project to obtain, maintain and keep in force
		during the time in which they are involved in the performance of the Work on
		site primary third party liability insurance, automobile liability insurance
		and workers’ compensation and employers’ liability insurance
		coverages. Contractor shall require limits of insurance to be maintained by
		such Subcontractors which Contractor deems, in its sole discretion, to be
		adequate 

	  

	 45

	  

	  
 
 
	  

	 and/or
		appropriate in connection with the performances of Work to be provided by such
		Subcontractor. Contractor shall require material subcontractors to add
		Contractor, Client and Financing Parties as Additional Insureds where
		contractually able.

	  

	 ARTICLE
		15

	  

	 Termination

	  

	 15.1 Termination
		for Client’s Convenience. Client
		may for its convenience and without cause terminate all remaining Work at any
		time by delivering notice to Contractor specifying the effective date of
		termination. Immediately upon receipt of such notice, Contractor shall stop
		performance of the Work, immediately order and commence preservation or
		protection of the Work as instructed and demobilization with regard to the
		Work, assign all title to all Work not already owned, all Subcontracts as
		designated by Client and all applicable Governmental Approvals to Client,
		terminate all other Subcontracts, and remove from the Facility Site all tools,
		Contractor’s Equipment and rubbish. In the event of termination by Client
		under this Section 15.1,
		Client
		shall pay to Contractor such amount as is required pursuant to Section 4.4 and
		such amount shall constitute Contractor’s sole remedy on account of such
		termination.

	  

	 15.1.1 Client’s
		Right to Suspend Performance of the Work. Client
		may elect to suspend performance of all of the Work upon such prior notice as
		circumstances permit, indicating (a) the portion of the Work the
		performance of which Client has elected to suspend; (b) Client’s
		estimate of the duration of such suspension; and (c) the effective date of
		such suspension of the Work. Upon the effective date of such notice, Contractor
		shall stop performance of the Work that Client has elected to suspend and
		preserve or protect such Work as instructed and shall continue to complete
		performance of the balance of the Work. In the event of a suspension of the
		Work pursuant to this Section 15.1.1, Client
		will authorize a Scope Change Order making equitable adjustments to one or more
		of the Contract Price, the Guaranteed Completion Dates, the Payment Schedule,
		the Project Schedule, or the Project Guarantees. This Section 15.1.1 shall
		not apply to any suspension of all or any part of the Work requested or
		directed by Client as a result of Contractor’s or any Subcontractor’s
		failure to comply with the Agreement. In the event suspension in the aggregate
		exceeds one hundred eighty (180) days, either Party may terminate this
		Agreement and such termination shall be deemed a termination for Client’s
		convenience under Section 15.1. Any
		costs to preserve or protect the Work, standby costs, and
		demobilization/remobilization costs incurred by Contractor resulting from a
		suspension of Work under this Section 15.1.1 shall
		be reimbursed to Contractor monthly as such costs are incurred.

	  

	 15.2 Termination
		upon Client’s Default. If
		Client fails to pay to Contractor any payment as required to be made under this
		Agreement and such failure continues uncured for fifteen (15) days after notice
		thereof has been given to Client by Contractor, then, upon the giving of prior
		written notice by the Contractor, Contractor may suspend its performance of the
		Work (such 

	  

	 46

	  

	  

		 

	  

	 suspension
		to be deemed a suspension under Section 15.1.1). Contractor
		may thereafter elect to terminate this Agreement if such failure continues for
		thirty (30) days after such prior written notice to Client. In the event of
		such a termination by Contractor, Client shall pay to Contractor such amount as
		is required pursuant to Section 4.4. Client
		shall not be deemed to be in breach of this Agreement, nor shall Contractor be
		entitled to terminate this Agreement, by reason of the withholding of any
		payment which is the subject of a bona fide Dispute. 

	  

	 (a) In the
		event (i) Client is adjudged bankrupt or insolvent, or (ii) Client
		makes a general assignment for the benefit of its creditors, or (iii) a
		trustee or receiver is appointed for Client or for any of its property, or
		(iv) Client files a petition to take advantage of any debtor’s act,
		or to reorganize under the bankruptcy or similar laws, Contractor may at its
		option, without prejudice to any other right or remedy Contractor may have
		under this Agreement, at any time terminate this Agreement immediately upon
		written notice to Client.

	  

	 (b) In the
		event (i) Client abandons the Project or ceases or suspends performance of
		all or a material portion of the Work (other than as provided in Section 15.1
		or
		pursuant to a Scope Change Order), or (ii) any of Client’s
		representations and warranties set forth in Section 23.1 are
		untrue in any material respect, or (iii) Client commits any other material
		breach of any of the terms of the Agreement, and in each of (i) through (iii),
		such condition remains un-remedied for thirty (30) days after written notice
		thereof by Contractor (or for such longer period, not to exceed forty-five (45)
		days, during which Client diligently pursues the cure of such condition, if
		such condition is susceptible to cure), Contractor may at its option, without
		prejudice to any other right or remedy Contractor may have under this
		Agreement, at any time terminate this Agreement immediately upon written notice
		to Client. Notwithstanding the foregoing, Contractor may terminate this
		Agreement upon thirty (30) days’ notice to Client if Client disregards any
		material provision of any Applicable Law, provided any such failure is not
		remedied within such thirty (30) day period.

	  

	 15.3 Termination
		upon Contractor’s Default.

	  

	 (a) In the
		event (i) Contractor or Guarantor (if any) is adjudged bankrupt or
		insolvent, or (ii) Contractor or Guarantor (if any) makes a general
		assignment for the benefit of its creditors, or (iii) a trustee or
		receiver is appointed for Contractor or Guarantor (if any) or for any of their
		property, or (iv) Contractor or Guarantor (if any) files a petition to
		take advantage of any debtor’s act, or to reorganize under the bankruptcy
		or similar laws, Client may at its option, without prejudice to any other right
		or remedy Client may have under the Agreement, at any time terminate the
		Agreement immediately upon written notice to Contractor and Guarantor (if
		any).

	  

	 (b) In the
		event (i) Contractor fails to supply sufficient skilled workers or
		suitable materials or equipment, or (ii) Contractor fails to make prompt
		payments when due to Subcontractors or for labor, materials or equipment, or
		(iii) Contractor abandons 

	  

	 47

	  

	 
 
	  

	 the
		Project or ceases or suspends performance of all or a material portion of the
		Work (other than as provided in Section 15.1
		or
		pursuant to a Scope Change Order), or (iv) any of Contractor’s
		representations and warranties set forth in Section 23.1 is
		untrue in any material respect, or (v) Contractor commits any other
		material breach of any of the terms of the Agreement, or (vi) any
		Performance Security is terminated or ceases to be valid and enforceable or
		there is a default thereunder, or (vii) Contractor fails to achieve
		Substantial Completion by the Guaranteed Project Completion Date, or
		(viii) Contractor fails to maintain the insurance as required hereunder,
		in each of (vi), (vii), or (viii), Client may at its option, without prejudice
		to any other right or remedy Client may have under the Agreement, at any time
		terminate the Agreement immediately upon written notice to Contractor, and in
		each case of (i) through (v), such condition remains un-remedied for thirty
		(30) days after written notice thereof by Client (or for such longer period,
		not to exceed forty-five (45) days, during which Contractor diligently pursues
		the cure of such condition, if such condition is susceptible to cure), Client
		may at its option, without prejudice to any other right or remedy Client may
		have under the Agreement, at any time terminate the Agreement immediately upon
		written notice to Contractor. Notwithstanding the foregoing, Client may
		terminate the Agreement upon thirty (30) days’ notice to Contractor if
		Contractor disregards any material provision of any Applicable Law, provided
		any such failure is not remedied within such thirty (30) day
		period.

	  

	 (c) In the
		event that a Parent Guarantee is provided in accordance with Section
		4.5 and (i)
		Guarantor takes any action that results in the termination of the Parent
		Guarantee prior to the date on which Contractor has no further obligations to
		Client under the Agreement or (ii) Guarantor fails to perform any duty,
		obligation, warranty, or responsibility imposed upon Guarantor under the Parent
		Guarantee or this Agreement, Client may at its option, without prejudice to any
		other right or remedy Client may have under the Agreement, at any time
		terminate this Agreement immediately upon written notice to
		Contractor.

	  

	 15.4 Consequences
		of Termination. Upon
		any termination pursuant to Section 15.3,
		Client
		may at its option elect to (a) take possession of the Project and any or
		all Work, materials or equipment located at the Facility Site and intended to
		be incorporated into the Facility and all drawings, design and related
		documents (wherever located), and (b) subject to the third sentence of
		this Section 15.4,
		succeed automatically, without the necessity of any further action by
		Contractor, to the interests of Contractor in any or all Subcontracts entered
		into by Contractor with respect to the Project provided Contractor shall retain
		all of its rights against such Subcontractors for any claims of Client for
		which Contractor is responsible, and Client shall be required to compensate
		such Subcontractors only for compensation becoming due and payable to such
		parties under the terms of their Subcontracts with Contractor from and after
		the date Client elects to succeed to the interests of Contractor in such
		Subcontracts. All sums claimed by such Subcontractors to be due and owing for
		Work performed prior to such date shall constitute debts between Contractor and
		the affected Subcontractors, and Client shall in no way be liable for such
		sums; provided, however, that Client may, at its election, pay any sums owed to
		such 

	  

	 48

	  

	  

		 

	  

	 Subcontractors
		and Contractor shall reimburse Client for such sums upon demand. In the event
		of any termination of this Agreement pursuant to Section 15.3,
		Client
		may, without prejudice to any other right or remedy it may have, at its option,
		finish the Work by whatever method Client may deem expedient (subject to
		Client’s legal obligation to mitigate its costs). To the extent the costs
		of completing the Work after a termination pursuant to Section 15.3,
		including compensation for additional professional services, exceed those
		amounts that would have been payable to Contractor under the Agreement to
		complete the Work if the Agreement had been fully performed, Contractor shall
		pay the difference to Client upon demand. In addition, except for those
		remedies specified elsewhere in this Agreement as being exclusive, Client shall
		be entitled to exercise any rights or remedies available to Client under this
		Agreement.

	  

	 15.5 Surviving
		Obligations.
		Termination of this Agreement (a) shall not relieve Contractor or Client
		of their obligations with respect to confidentiality as set forth in
		Article 18,
		and
		(b) shall not relieve Contractor or Client of any obligation under this
		Agreement which expressly survives termination of this Agreement, and
		(c) except as otherwise provided in any provision of this Agreement
		expressly limiting the liability of either Party, shall not relieve either
		Party of any obligations or liabilities for loss or damage to the other Party
		arising out of or caused by acts or omissions of such Party prior to the
		effectiveness of such termination or arising out of such termination, and
		(d) shall not relieve Contractor of its obligations as to portions of the
		Work already performed or of obligations assumed by Contractor prior to the
		date of termination, except as otherwise agreed by Client in
		writing.

	  

	 ARTICLE
		16

	  

	 Assignments 

	  

	 16.1 Consent
		Required. It is
		expressly understood and agreed that this Agreement is personal to Contractor
		and Client, and that Contractor and Client shall have no right, power or
		authority to assign or delegate any of their respective rights or obligations
		under this Agreement or any portion thereof, either voluntarily or
		involuntarily, or by operation of law. Any attempted assignment without the
		prior written consent of the other Party shall be void. Notwithstanding the
		foregoing, Client may assign its rights and obligations hereunder as collateral
		security in connection with obtaining financing for the Project.

	  

	 16.2 Contractor’s
		Right to Assign to Affiliates.
		Contractor may, subject to the prior written approval of the Client, assign any
		or all of its rights and delegate any or all of its obligations under this
		Agreement to any affiliated entity of Contractor provided such affiliated
		entity agrees to assume all of Contractor’s obligations under the
		Agreement and cure any defaults at the time such assignment is
		accepted.

	  

	 16.3 Successors
		and Assigns. All of
		the rights, benefits, duties, liabilities and obligations of the Parties shall
		inure to the benefit of and be binding upon their respective successors and
		permitted assigns.

	  

	 49

	  

	  

		 

	  

	 ARTICLE
		17

	  

	 Design
		Documents

	  

	 17.1 Client
		Review.
		Contractor shall submit to Client for its review and comment each Design
		Document designated for Client’s review as set forth in Appendix A. Client
		shall have the right to review each such Design Document and to provide its
		written comments on any material aspect of such document, if any, as soon as
		reasonably possible but in no event later than ten (10) calendar days after
		receipt thereof. Contractor shall diligently amend such Design Documents or
		otherwise respond to Client’s comments and resubmit such Design Documents
		for Client’s review and such review cycle shall be repeated until each
		Party is reasonably satisfied. Contractor
		shall have no obligation to accept recommended changes provided that Contractor
		is acting in a manner consistent with the Scope.

	  

	 17.2 Review
		Not Release of Obligations. Review
		and comment by Client, its Representative or its designees with respect to any
		Design Documents or other information pursuant to Section 17.1
		shall
		not relieve or release Contractor from any of its duties, obligations or
		liabilities under the Agreement.

	  

	 17.3 Final
		Documents. Other
		than to the extent previously delivered pursuant to Sections 6.5.1(e) or
		6.6.1(d), within
		sixty (60) days after Project Completion occurs, Contractor shall furnish
		Client with “Conformed to Construction Record” Design Documents
		listed in Appendix A
		reflecting the Facility as actually constructed.

	  

	 17.4 Ownership. All
		designs, drawings, specifications, documents, models, photographs (including
		negatives) electronic data and other work products of the Contractor, including
		those prepared by the Contractor’s consultants and subcontractors, are
		instruments of service for this Project, whether or not the Project is
		completed, and are the property of the Contractor (or its respective
		consultants and subcontractors, as the case may be) along with all copyrights
		therein. The Contractor, however, grants, or shall cause to be granted, to
		Client an irrevocable, perpetual and royalty free license (assignable only to
		Client’s successors in, and permitted assigns of, title to the Project) to
		retain, use, and modify the drawings, documents and other data prepared in
		performing the Work for any purpose in connection with the operation,
		maintenance and alteration of the Project. The Contractor shall make all
		necessary arrangements in any contracts it has with the Contractor’s
		consultants and subcontractors or others to provide for such rights of the
		Client. Reuse by the Client of any of such instruments of service on extensions
		of this Project or on any other project without the written permission of the
		Contractor shall be at the Client’s sole risk and without liability or
		legal expense to the Contractor. Client shall enter into a license agreement in
		the form of Appendix D
		to this
		Agreement with Delta-T Corporation (the “Delta-T
		License Agreement”)
		and which shall govern the supply and use of certain designs provided to
		Client.

	  

	 Notwithstanding
		any provision to the contrary contained in the Contract Documents, Client
		acknowledges that title to, ownership of, and Client’s right to use of the
		Delta-T Technology 

	  

	 50

	  

	  

		 

	  

	 shall be
		as set forth and agreed to in the Delta-T License Agreement and that no license
		or rights of any kind otherwise granted by the Contract Documents shall apply
		to any of the Delta-T Technology.

	  

	 ARTICLE
		18

	  

	 Confidential
		Information

	  

	 18.1 Confidentiality. Each
		Party agrees to hold in confidence for a period commencing with the date hereof
		and ending three (3) years following the date of Project Completion any
		information supplied to it by the other Party and designated in writing as
		confidential. The provisions of this Article 18 shall
		not apply to information within any one of the following categories:
		(i) information which was in the public domain prior to a Party’s
		receipt thereof or which subsequently becomes part of the public domain by
		publication or otherwise except by the receiving Party’s wrongful act;
		(ii) information which the receiving Party can show was in the receiving
		Party’s possession prior to its receipt thereof through no breach of any
		confidentiality obligation; or (iii) information received by a Party from
		a third party which did not have a confidentiality obligation with respect
		thereto. The Parties acknowledge and agree that confidential information is
		valuable and unique and that disclosure by a receiving party in breach of this
		Agreement may result in irreparable injury to the disclosing party. The Parties
		further acknowledge and agree that in the event of a breach or a threatened
		breach of this Article 18,
		the
		party not breaching or threatening a breach shall be entitled to seek an
		injunction prohibiting any such breach and whatever remedies are available at
		law or in equity. Other than as may be required by a Governmental Authority,
		and then only to the extent required, neither Party shall publish the terms and
		conditions of this Agreement or Project technical information, unless the other
		Party provides its express prior written consent. Client shall be permitted to
		disclose such terms and provisions to the Financing Parties and prospective
		Financing Parties or other parties in connection with efforts to obtain
		financing for the Project upon execution by such Parties of a confidentiality
		agreement in a form reasonable acceptable to Contractor. No Person shall be
		permitted access to the Facility or the Facility Site, except as provided in
		the Agreement or as otherwise agreed by the Parties.

	  

	 ARTICLE
		19

	  

	 Differing
		Site Conditions 

	  

	 19.1 Differing
		Site Conditions. If,
		during performance of the Work, Contractor encounters conditions which are (1)
		subsurface or otherwise concealed physical conditions which differ materially
		from those indicated in the geotechnical investigation report dated April 6,
		2006 provided to Client by Contractor; or (2) unknown physical conditions of an
		unusual or undetectable nature, which differ materially from those ordinarily
		found to exist and generally recognized as inherent in construction activities
		of the character provided for in this Agreement, then notice by the observing
		Party shall be given to the other Party promptly before conditions are
		disturbed and if such conditions cause an increase in the cost of and/or time
		required for 

	  

	 51

	  

	  

		 

	  

	 performance
		of the Work, a Scope Change shall be issued by the Client to adjust the
		Contract Price and/or Project Schedule (including, without limitation, the
		Guaranteed Completion Dates).

	  

	 ARTICLE
		20

	  

	 Dispute
		Resolution

	  

	 20.1 Applicability
		of Resolution Procedures. Except
		for matters requiring immediate injunctive relief, all claims, disputes or
		other matters in question between the Parties arising out of or relating in any
		way to this Agreement (“Disputes”)
		will be resolved pursuant to this Article 20.

	  

	 20.2 Management
		Discussions. The
		Parties agree to make a diligent, good faith attempt to resolve all Disputes.
		If the Authorized Representatives of the Parties are unable to resolve a
		Dispute arising under this Agreement within ten (10) calendar days after notice
		from one Party to the other, such Dispute will be submitted promptly to the
		senior executive officers of the Parties, who will meet, in person or by
		telephone, not later than ten (10) calendar days after the date such Dispute
		was submitted to them. In the event that the officers cannot resolve the
		Dispute within five (5) business days after the matter is submitted to them,
		then, unless otherwise agreed, either Party may by written notice to the other
		Party refer such Dispute to arbitration under Section 20.3.

	  

	 20.3 Arbitration.
		Provided that the Parties have been unable to resolve a Dispute pursuant to the
		procedures set forth in Section 20.2, then
		either Party, in its sole discretion, may invoke binding arbitration by the
		American Arbitration Association for arbitration in Denver, Colorado, in
		accordance with the Construction Industry Arbitration Rules then in effect;
		provided that failure to invoke arbitration shall not be a waiver of any such
		Dispute except as otherwise provided in this Agreement. If the aggregate amount
		of the Dispute(s) is less than $1,000,000, then the Parties shall mutually
		agree on one (1) arbitrator. If the Parties cannot agree on one (1) arbitrator
		or if the aggregate amount of the Dispute(s) is equal to or greater than
		$1,000,000, then there shall be three (3) arbitrators, with each Party
		selecting one; the third arbitrator, who shall be the chairman of the panel,
		shall be selected by the two (2) party-appointed arbitrators. The American
		Arbitration Association shall be empowered to appoint any arbitrator not named
		in accordance with the procedure set forth herein. The one (1) arbitrator shall
		or the three (3) arbitrators shall by majority vote resolve any Dispute as
		promptly as practicable. The arbitrators’ decision shall be in writing,
		but shall be as brief as possible. The arbitrators shall not assign the reasons
		for their decision. The decision of the arbitrators shall be final and binding
		upon the Parties without the right of appeal to the courts. Each Party shall
		bear their own costs in such Dispute resolution, including without limitation,
		reasonable attorneys fees.

	  

	 20.4 Obligations
		Continue.
		Notwithstanding the existence of a Dispute, the Parties will continue to
		perform their respective obligations under this Agreement unless the Parties
		otherwise mutually agree in writing; provided, that Contractor is being paid in
		accordance with this Agreement (other than with respect to any amount in
		Dispute).

	  

	 52

	  

	  

		 

	  

	 ARTICLE
		21

	  

	 [Intentionally
		Left Blank]

	  

	 ARTICLE
		22

	  

	 Independent
		Contractor

	  

	 22.1 Contractor
		as Independent Contractor.
		Contractor shall be an independent contractor with respect to the Project, each
		part thereof, and the Work, and neither Contractor nor its Subcontractors nor
		the employees of either shall be deemed to be agents, representatives,
		employees or servants of Client in the performance of the Work, or any part
		thereof, or in any manner dealt with in this Agreement. Client shall not have
		the right to control nor any actual, potential or other control over the
		methods and means by which Contractor or any of its agents, representatives,
		Subcontractors or employees conducts its independent business
		operations.

	  

	 ARTICLE
		23

	  

	 Representations

	  

	 23.1 Representations. Each
		Party represents and warrants to the other Party that:

	  

	 23.1.1 Organization
		and qualification. It is
		a corporation or a limited liability company, as applicable, duly organized,
		validly existing and in good standing under the laws of the State of its
		incorporation, has the lawful power to engage in the business it presently
		conducts and contemplates conducting, and is duly licensed or qualified and in
		good standing as a foreign corporation or company, as applicable, in each
		jurisdiction wherein the nature of the business transacted by it, including in
		case of Contractor performance of the Work, makes such licensing or
		qualification necessary.

	  

	 23.1.2 Power
		and Authority. It has
		the power to make and carry out this Agreement and to perform its obligations
		under this Agreement and all such actions have been duly authorized by all
		necessary corporate or company, as applicable, proceedings on its
		part.

	  

	 23.1.3 No
		Conflict. The
		execution, delivery and performance of this Agreement will not conflict with,
		result in the breach of, constitute a default under or accelerate performance
		required by any of the terms of its certificate of incorporation or by-laws or
		other applicable organizational documents or any Applicable Laws or any
		covenant, agreement, understanding, decree or order to which it is a party or
		by which it or any of its properties or assets is bound or
		affected.

	  

	 23.1.4 Validity
		and Binding Effect. This
		Agreement has been duly and validly executed and delivered by such Party. This
		Agreement constitutes a legal, valid and binding obligation of such Party,
		enforceable in accordance with its terms, except to the extent that its
		enforceability may be limited by bankruptcy, insolvency, reorganization,
		moratorium or other 

	  

	 53

	  

	  
 
 
	  

	 similar
		laws affecting the rights of creditors generally or by general principles of
		equity. No material authorization, approval, exemption or consent by any
		governmental or public body or authority (other than the Client Permits and
		Contractor Permits as such Party’s responsibilities) is required to be
		obtained by such Party in connection with the authorization, execution,
		delivery and carrying out of the terms of this Agreement.

	  

	 23.1.5 Litigation. There
		are no actions, suits, proceedings or investigations pending or, to its
		knowledge, threatened against it at law or in equity before any court or before
		any governmental department, commission, board, agency or instrumentality or
		any arbitration panel whether or not covered by insurance which individually or
		collectively may result in any materially adverse effect on its business,
		properties or assets or its condition, financial or otherwise, or in any
		impairment of its ability to perform its obligations under this Agreement. Such
		Party has no knowledge of any violation or default with respect to any order,
		writ, injunction or any decree of any court or any governmental department,
		commission, board, agency or instrumentality or any arbitration panel which may
		result in any such materially adverse effect or such impairment.

	  

	 23.1.6 Compliance
		with Laws. Such
		Party has complied with Applicable Laws such that it has not been subject to
		any fines, penalties, injunctive relief or criminal liabilities which in the
		aggregate have materially affected or may materially affect its business
		operations or financial condition or its ability to comply with the terms of
		this Agreement.

	  

	 23.1.7 Disclosure. No
		representation or warranty by such Party contained in the Agreement contains or
		will contain any untrue statement of material fact or omits or will omit to
		state a material fact necessary to make such representation or warranty not
		misleading in light of the circumstances under which it was made.

	  

	 ARTICLE
		24

	  

	 Miscellaneous

	  

	 24.1 Past
		Due Amounts. Any
		amount owed to either Party under this Agreement which is not paid by the owing
		Party when due under this Agreement shall accrue interest each day such amount
		is not paid commencing on the due date and continuing until paid at the lesser
		of (a) an annual rate equal to six (6) percentage points above the rate
		quoted from time to time by the Wall Street Journal, U.S. edition, as the prime
		rate, or (b) the maximum rate permitted by Applicable Laws.

	  

	 24.2 Delay
		not Waiver. It is
		understood and agreed that any delay, waiver or omission by Client or
		Contractor to exercise any right or power arising from any breach or default by
		Contractor or Client in any of the terms, provisions or covenants of the
		Agreement shall not be construed to be a waiver by Client or Contractor of any
		subsequent breach or default of the same or other terms,
		provisions or covenants on the part of Contractor or Client.

	  

	 54

	  

	  

		 

	  

	 24.3 Choice
		of Law.
		Governing law is the law of the State of Nebraska, excluding its choice of law
		rules.

	  

	 24.4 Severability. In the
		event that any of the provisions, or portions or applications thereof, of this
		Agreement are held to be unenforceable or invalid by any court of competent
		jurisdiction, Client and Contractor shall negotiate an equitable adjustment in
		the provisions of this Agreement with a view toward effecting the purpose of
		this Agreement, and the validity and enforceability of the remaining
		provisions, or portions or applications thereof, shall not be affected
		thereby.

	  

	 24.5 Notice. Any
		notice required or permitted to be given by Client to Contractor relating to
		the Agreement shall be in writing and shall be addressed to:

	  

	 TIC
		– The
		Industrial Company Wyoming, Inc.

	 1474
		Willer Drive

	 Casper,
		WY 82604

	 Attention:
		Legal Counsel

	 

	 With a
		copy to:

	 

	 TIC
		– The Industrial Company

	 2211 Elk
		River Rd.

	 Steamboat
		Springs, Colorado 80477

	 Attention:
		General Counsel

	 

	 and any
		notice required or permitted to be given by Contractor to Client relating to
		the Agreement shall be in writing and shall be addressed to:

	  

	 Bio Fuel
		Energy, LLC

	 337
		McLaws Circle, Suite Two

	 Williamsburg,
		VA 23185

	 Attention:
		Dan Simon

	 

	 With a
		copy to:

	 

	 Chadbourne
		and Parke LLP

	 1100
		Louisiana Street, Suite, 3500

	 Houston,
		TX 77002

	 Attention:
		Todd E. Alexander

	 

	 24.5.1 Delivery. All
		notices and other communications required or permitted by this Agreement to be
		given to a Party by the other Party shall be in writing signed by the Party
		giving such notice and shall be deemed duly served, given and received
		(i) when actually received by the Party to whom it is sent, if served
		personally or if delivered by telegram or courier service to

	  

	 55

	  

	  
 
 
	  

	  the
		Party to whom notice is to be given, (ii) on the first (1st) day
		following the day transmitted (with confirmation of receipt) if delivered by
		telex or facsimile, or (iii) on the third (3rd)
		business day after mailing, if mailed by first class registered or certified
		mail, return receipt requested, postage prepaid, addressed to the appropriate
		Party, at the address and/or facsimile numbers of such Party set forth above
		(or such other address as such Party may designated by written notice to the
		other Party in accordance with this section).

	  

	 24.6 Section
		Headings. The
		Article and Section headings in the Agreement have been inserted for
		convenience of reference only and shall not in any manner affect the
		construction, meaning or effect of anything contained in the Agreement nor
		govern the rights and liabilities of the Parties.

	  

	 24.7 Amendments. No
		amendments or modifications of the Agreement shall be valid unless in writing
		and signed by a duly authorized representative of each Party.

	  

	 24.8 Not
		Used.

	  

	 24.9 No
		Third Party Rights. The
		Agreement and all rights under the Agreement are intended for the sole benefit
		of the Parties and, to the extent expressly provided, for the benefit of the
		Financing Parties and the other Indemnified Parties, and shall not imply or
		create any rights on the part of, or obligations to, any other Person except
		as, and then only to the extent, expressly provided elsewhere in this
		Agreement.

	  

	 24.10 Survival
		of Provisions. All
		provisions of this Agreement, including Articles 9,
		10, 13, 18 and
		20 and
		Sections 1.2(b),
		15.5,
		17.4, and
		23.1, which
		are expressly or by implication to come into or continue in force and effect
		after the expiration or termination of this Agreement shall remain in effect
		and be enforceable following such expiration or termination.

	  

	 24.11 Title
		to the Project. Title
		to all materials, supplies, equipment and machinery supplied by Contractor in
		connection with the Agreement and which become a permanent part of the Project
		shall vest in the Client upon the earlier of payment therefore by Client to
		Contractor or delivery of such items to the Facility Site. Title to
		Contractor’s Equipment shall remain with Contractor at all
		times.

	  

	 24.12 Counterparts. This
		Agreement may be executed in any number of counterparts, including by
		facsimile, each of which will be deemed an original but all of which together
		shall constitute one and the same instrument.

	  

	 24.13 Entire
		Agreement. This
		Agreement contains the entire agreement between the Parties with respect to the
		Work, and merges and supersedes all prior and contemporaneous agreements,
		commitments, representations, writings and discussions between
		them.

	  

	 56

	  

	  

		 

	 

	 IN
		WITNESS WHEREOF, the Parties, intending to be legally bound, have caused this
		Agreement to be executed by their duly authorized officers as of the date
		indicated below and to be effective as of the day and year first above
		written.

	  

	 
		
		  	
				  Client:

				  Pioneer
					 Trail Energy LLC
 	 	
				  Contractor:

				  TIC
					 – The
					 Industrial Company

				  Wyoming,
					 Inc.
 
	 	 	 	 	 
	
				   By:

				  	 
				   /s/
					 Daniel J. Simon
	 	
				   By:

				  	 
				   /s/
					 Donald S. Brust

	
				   Name:

				  	 
				   
					 Daniel J. Simon
	 	
				   Name:

				  	 
				  Donald
					 S. Brust

	
				   Title:

				  	 
				  COO,
					 EVP
	 	
				   Title:

				  	 
				   Vice
					 President

	
				   Date:

				  	 
				  April
					 28, 2006
	 	
				   Date:

				  	 
				   April
					 28, 2006Confidential
		treatment has been requested for portions of this exhibit. The copy filed
		herewith omits the information subject to the confidentiality request.
		Omissions are designated as [*]. A complete version of this exhibit has been
		filed separately with the Securities and Exchange Commission.

	  

	 Exhibit
		10.13.1

	  

	 Execution
		Copy

	  

	 FIRST
		AMENDMENT TO AGREEMENT FOR ENGINEERING, 

	 PROCUREMENT
		AND CONSTRUCTION

	  

	 FIRST
		AMENDMENT, dated
		as of August 28, 2006 (this “Amendment”)
		to AGREEMENT FOR ENGINEERING, PROCUREMENT AND CONSTRUCTION, dated as of April
		28, 2006 (“Original
		Agreement”,
		and as amended or modified from time to time, “Agreement”),
		by and between Pioneer Trail Energy, LLC, a limited liability company organized
		and existing under the laws of the state of Delaware (“Client”)
		and TIC - The Industrial Company Wyoming, Inc., a corporation organized and
		existing under the laws of the state of Wyoming (“Contractor”).

	  

	 WHEREAS, Client
		and Contractor have agreed to amend certain provisions of the Agreement, on the
		terms and conditions set forth herein. 

	  

	 NOW,
		THEREFORE, for
		good and valuable consideration, and intending to be legally bound, the parties
		hereto agree as follows:

	  

	 Section
		1. Definitions.
		Capitalized terms used but not otherwise defined herein shall have the meaning
		set forth in the Agreement.

	  

	 Section
		2. Nebraska
		Advantage Act. For the
		purposes of obtaining certain tax advantages that may be available to Client
		under the Nebraska Advantage Act, Client wishes to make certain requests of
		Contractor with regard to the collection and payment of certain sales and use
		taxes arising under or in respect to the Agreement. Because Contractor does not
		have any objection to Client’s efforts to obtain sales and use tax
		exemptions and/or refunds (as the case may be), Contractor has agreed (in the
		manner described in this Section 2) to make reasonable efforts to assist Client
		with respect to such matters. The Parties continue to understand that the
		Contract Price excludes sales and use tax and to the same extent such were
		excluded under the Original Agreement and the Parties furthermore continue to
		understand and agree that Client shall remain unconditionally liable to
		Contractor for any sales and use tax that may be assessed to Contractor to the
		same extent that Client was so liable under the Original Agreement. Contractor
		shall have no liability whatsoever to Client with regard to Client’s
		success or failure in obtaining any tax credits or exemptions. With respect to
		certain state and local tax matters in connection with the Contractor’s
		Work, the following shall apply and the Original Agreement shall be deemed
		amended accordingly:

	  

	 
			 	
				2.1

					
				Contractor
				  Status.
				  Contractor agrees that it has or shall register and maintain its registration
				  as a Nebraska Option 1 contractor under Nebraska 
 

 

	  

	 
 
	  

	 
		sales
		  and use tax regulation 1-017 and shall act in accordance with such
		  regulation.
 

	  

	 
			 	
				2.2

					
				Tax
				  Payment. All
				  applicable Nebraska state and local sales and use taxes will be paid by Client
				  as the owner or as directed by Client, by Contractor, the general (prime)
				  contractor, or by the respective subcontractor(s) as required by law or as
				  otherwise provided in the Agreement. When directed by Client, Contractor will
				  contractually require all of its contractors and subcontractors involved with
				  any portion of the Work to pay such taxes.
 

 

	  

	 
			 	
				2.3

					
				Appointment. Client
				  shall be the purchaser of such tangible personal property provided or utilized
				  by Contractor under the Agreement. Client also hereby appoints Contractor, and
				  Client shall and hereby does individually appoint each of Contractor’s
				  contractors and subcontractors performing any part of the Work under the
				  Agreement, as an agent to purchase the tangible personal property (such as
				  building materials) to be incorporated into the Contractor’s Work or into
				  improvements to the real estate as part of Contractor’s Work, and
				  authorizes Contractor to appoint each of its contractors and subcontractors
				  providing such tangible personal property as Client’s purchasing agent. To
				  further document the appointment, on the date hereof Contractor and Client
				  shall enter into a purchasing agent appointment agreement substantially in the
				  form attached as Exhibit
				  A hereto,
				  which the Parties intend to be in such form as is necessary for purposes of the
				  Nebraska Advantage Act, Neb. Rev. Stat. §§ 77-5701
				  et. seq. (herein referred to as the “Act”).
				  To further document the appointment with respect to Contractor’s
				  contractors and subcontractors, Contractor agrees that it will enter into a
				  purchasing agent appointment agreement,
				  on
				  behalf of Client, with
				  each of  the
				  project contractors and subcontractors that are providing tangible personal
				  property, substantially in the form of Exhibit
				  A.

				

 

	  

	 
			 	
				2.4

					
				Records.
				  Contractor shall use reasonable efforts to keep sufficient written records to
				  establish the payment to the State of Nebraska of all State of Nebraska state
				  and local sales and use taxes paid by Contractor (including its contractors and
				  subcontractors) and Client and all contractors and subcontractors on tangible
				  personal property as part of Contractor’s Work pursuant to the Agreement.
				  Client shall be responsible for taking the accounting information provided by
				  Contractor with respect to payment of sales and use taxes and preparing, filing
				  and prosecuting any Nebraska applications for refunds with the State of
				  Nebraska in order to receive the Act benefits. In an effort to maximize the
				  exemptions and refunds obtainable under the Act, Contractor will and will
				  contractually require all 
 

 

	  

	 2

	  

	 
 
	  

	 
		of
		  Contractor’s contractors and subcontractors to utilize a method of
		  delivery by which delivery and actual transfer of physical possession to
		  Contractor, its contractors and subcontractors, and their agents, of the
		  tangible personal property to be incorporated in Contractor’s Work takes
		  place in Nebraska and such property is shipped F.O.B. Nebraska (within the
		  meaning of UCC § 2-319) without intermediate use outside of Nebraska, and,
		  where requested by Client, will follow such other reasonable written
		  suggestions of Client with respect to purchasing and/or taking delivery of such
		  within the State of Nebraska to the extent feasible and practical so as to
		  lawfully avoid or eliminate payment of non-Nebraska state and local sales and
		  use tax on the same. Contractor will also cause a contractor’s certificate
		  of tax paid to be executed and provided to Client certifying, as applicable,
		  that the Contractor (or its contractors and subcontractors, as applicable)
		  acted as a purchasing agent for the materials purchased for use at the project
		  and certifying the percentage of materials on which Nebraska state and city
		  sales and use taxes were paid by itself or the other contractors and
		  subcontractors. As to all property purchased by Contractor for use under the
		  Agreement, Contractor shall acquire such property as an exempt purchase and
		  shall duly execute and provide to the seller of such property a Nebraska Resale
		  or Exempt Sale Certificate (Form 13). As to all property purchased by
		  Contractor which, as identified by Owner, qualifies as manufacturing machinery
		  or equipment under Nebraska statute section 77-2701.47 (“MM&E”),
		  based on the understanding such property is purchased by a person engaged in
		  the business of manufacturing for use in manufacturing, Contractor shall, in
		  connection with the sale of such property to Client, accept a blanket Nebraska
		  Resale or Exempt Sale Certificate (Form 13) from Client and shall not collect
		  from Client or pay any Nebraska sales or use tax with respect to such property.
		  Contractor shall keep, and shall upon request provide to Client, such records
		  (and, if requested, Invoices) that allocate the Contract Price between tax
		  exempt MM&E, taxable annexed materials, other taxable amounts, other
		  non-taxable amounts, pollution control facility equipment (as defined in
		  Nebraska regulation 1-084) and Nebraska state and local sales and use taxes
		  paid with respect to such categories.
 

	  

	 
			 	
				2.5

					
				Refunds. To the
				  extent any sales and use tax refunds under the Act on account of
				  Contractor’s Work are paid by the Nebraska Department of Revenue to
				  Contractor or its contractors or subcontractors, Contractor shall (or shall
				  cause its contractors or subcontractors as applicable) within ten (10) days of
				  receipt pay such amount over to Client and such amount
 

 

	 
		 

		3

		 
 

	  

		 
 

	 
		shall,
		  for the purposes of this Section, be deemed a refund paid to and obtained by
		  Client. Client shall be entitled to retain all sales and use tax refunds it
		  receives on account of the Act.
 

	  

	 
			 	
				2.6

					
				Effect
				  on Original Agreement.
				  Contractor and Client agree that notwithstanding Client’s appointment of
				  Contractor (and its contractors and subcontractors) as purchasing agents,
				  nothing in Section 2 of this Amendment shall in any way modify the turnkey
				  nature of Contractor’s obligations under the Original Agreement. Without
				  limiting the foregoing:
 

 

	  

	 
			 	
				(i)

					
				Contractor
				  acknowledges and agrees that Contractor’s obligation with respect to (i)
				  achievement of the Guaranteed Completion Dates, (ii) payment of any Late
				  Completion Payments, (iii) achievement of the Performance Guarantees, (iv)
				  payment of any Performance Guarantee Payments, and (v) provision of warranty
				  Work, shall, in each case, remain unaffected by Section 2.1 of this Amendment.
				  
 

 

	  

	 
			 	
				(ii)

					
				Client
				  acknowledges and agrees that Client’s payment and performance obligations
				  under the Original Agreement shall be unaffected by Section 2.1 of this
				  Amendment except as set forth in subpart (c) below (and except to the extent
				  that Contractor’s invoicing practices have been modified by Section 2.1 of
				  this Amendment). Client further agrees that, at the request of Contractor,
				  Client shall execute such ancillary documents as may be necessary or convenient
				  to permit Contractor (or its subcontractors) to enforce any contracts that
				  Contractor (or its subcontractors) has entered into as purchasing agent
				  hereunder.
 

 

	  

	 
			 	
				(iii)

					
				As a
				  separated portion of Contractor’s monthly invoice, Contractor shall be
				  entitled to bill for and recover all sales and use taxes paid by Contractor and
				  its contractors and subcontractors pursuant to this Section 2 of this
				  Amendment. 
 

 

	  

	 
			 	
				2.7

					
				Financial
				  Equilibrium. Each
				  of Contractor and Client hereby acknowledges and agrees that, vis-à-vis
				  each other, Section 2 of this Amendment is not intended to result in any change
				  in the risk allocation or economic arrangement reflected in the Original
				  Agreement as amended by Section 2 of this Amendment . To the extent that
				  Section 2 of this Amendment has inadvertently changed such allocation or
				  arrangement, Contractor and Client agree to enter into such future modification
				  or 

				 
 

 

	 
		 

		4

		 
 

	  

		
		 
 

	 
		amendment
		  to the Agreement, or execute such ancillary document as may be necessary or
		  convenient, to achieve 

		such
		  intention.

		 
 

	 Section
		3. Other
		Amendments.

	  

	 
			 	
				3.1

					
				Section
				  2.2(b)(ii) of the Agreement is amended by deleting the phrase “60 days
				  after the date that is” in the first place that it occurs in such Section.
				  
 

 

	  

	 
			 	
				3.2

					
				Section
				  7.3 of the Agreement is amended by replacing the phrase “$[*] per
				  calendar day (the “Early
				  Completion Payments”)”
				  with the phrase “$[*] per
				  calendar day (the “Early
				  Completion Payments”);
				  provided that in no event shall the bonus exceed $[*]”.
 

 

	  

	 
			 	
				3.3

					
				Section
				  11.2(a) of the Agreement is amended by replacing the phrase “within ten
				  (10) business
				  days” with the phrase “within five (5) business
				  days”.
 

 

	  

	 
			 	
				3.4

					
				The
				  Scope of Work is amended is follows:
 

 

	  

	 
			 	
				(i)

					
				Section
				  16.2.27 of the Scope of Work is deleted. 
 

 

	  

	 
			 	
				(ii)

					
				Section
				  14.1 of the Scope of Work is amended by replacing “13.8” with
				  “12.47”.
 

 

	  

	 
			 	
				(iii)

					
				Section
				  16.2.2.1 of the Scope of Work is amended by replacing the current electrical
				  terminal point stating “13.8KV” with “12.47KV”.
				  
 

 

	  

	 Section
		4. Miscellaneous

	  

	 
			 	
				4.1

					
				This
				  Amendment may be executed in any number of counterparts, each of which shall be
				  an original, but shall together constitute one and the same
				  instrument.
 

 

	  

	 
			 	
				4.2

					
				Except
				  as otherwise expressly provided in this Amendment, the Agreement shall remain
				  unchanged and in full force and effect and is hereby ratified and confirmed in
				  all respects.
 

 

	  

	 
			 	
				4.3

					
				This
				  Amendment shall be governed by and construed in accordance with the laws of the
				  State of New York.
 

 

	  

	 [The
		remainder of this page is intentionally blank.]

	 
		 

		5

		 
 

	  

		*
		  Certain confidential information on this page has been omitted and filed
		  separately with the Securities and Exchange Commission.

		

	 IN
		WITNESS WHEREOF, each of the Parties have executed this Amendment to Agreement
		for Engineering, Procurement and Construction as of the date first written
		above.

	  

	 
		
		  	
				  Client:

				  	 	
				  Contractor:

				  
	 	 	 
	
				  Pioneer
					 Trail Energy LLC

				   
 	 	
				  TIC
					 – The
					 Industrial Company

				  Wyoming,
					 Inc.
 
	 	 	 	 	 
	
				  By:

				  	 
				  /s/
				  Daniel J. Simon	 	
				  By:

				  	 /s/
				  Donald S. Brust
	 	 	 	 	 
	
				  Name:

				  	 Daniel
				  J. Simon	 	
				  Name:

				  	 Donald
				  S. Brust
	 	 	 	 	 
	
				  Title:

				  	 Executive
				  Vice President	 	
				  Title:

				  	  Vice
				  President
	 	 	 	 	 
	
				  
					 Date:

					 
 	 August
				  28, 2006	 	
				  
					 Date:

					 
 	 August
				  28, 2006
	 	 	 	 	 

 
 

	  

	 
		
		  6

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