Document:

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                                                                  Exhibit 10(ii)

                            SUBSCRIPTION AGREEMENT

                               EXCALIBUR, I, LLC
                                    (01-11)

     1.   The undersigned ("Subscriber") hereby subscribes for the dollar amount
(the "Investment") set forth below, each Investment to have a purchase price
equal to Subscriber's pro rata share of the total participation (the
"Participation") in the Loan Pool 01-11, Excalibur I, LLC. Each Investment shall
consist of the Subscriber's Participation in the Loan Pool for which a note in
the amount of the Investment shall be issued. The Subscriber shall receive
distributions on a quarterly basis until the Subscriber receives 150 percent of
the amount of the Investment or notice that collections from the defaulted upon
accounts receivable have been exhausted, and no other distributions will be paid
to Note holders, whichever event occurs first.

     2.   The Company is under no obligation to accept any Subscription
Agreement. In the event that the Company elects not to accept the Subscription
Agreement, it shall promptly notify Subscriber. This Agreement shall thereupon
have no further force and effect, and the subscription funds actually paid shall
be promptly returned to Subscriber, without interest thereon.

     3.   Subscriber hereby represents, warrants, and convenants as follows:

          a.   Subscriber meets one or more of the following:

                 i. Suscriber had annual income during each of the two most
                    recent years in excess of $200,000 and reasonably expects
                    income in excess of $200,000 in the current year; or

                ii. Subscriber had joint income with spouse in excess of
                    $300,000 during each of the two most recent years and
                    reasonably expects joint income in excess of $300,000 in the
                    current year; or

               iii. Subscriber presently has an individual or joint total net
                    worth (together with spouse) in excess of $1,000,000; or

                iv. Subscriber is a director or executive officer of the
                    Company;

                 v. Subscriber is an entity in which all the equity owners are
                    accredited investors under any one of Subparagraphs (i),
                    (ii), (iii), (iv); or

                vi. Subscriber is a bank as defined in Section 3(a)(2) of the
                    Securities Act of 1933 (the "Act") or a savings and loan
                    association or other institution as defined in Section
                    3(a)(5)(A) of the Act whether acting in its individual or
                    fiduciary capacity; a broker or dealer registered pursuant
                    to Section 15 of the

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                    Securities Exchange Act of 1934; an insurance company as
                    defined in Section 2(13) of the Act; an investment company
                    registered under the Investment Company Act of 1940 or a
                    business development company as defined in Section 2(a)(48)
                    of that Act; a Small Business Investment Company under
                    Section 301(c) or (d) of the Small Business Investment Act
                    of 1958; a plan established and maintained by a state, its
                    political subdivisions, or an agency or instrumentality of a
                    state or its political subdivision, for the benefit of its
                    employees if such plan has total assets in excess of
                    $5,000,000; and employee benefit plan within the meaning of
                    the Employee Retirement Income Security Act of 1974 if the
                    investment decision is made by a plan fiduciary, as defined
                    in Section 3(21) of such acts, which is either a bank
                    savings and loan association, insurance company, or
                    registered investment adviser of the employee benefit plan
                    which has assets in excess of $5,000,000, or is a self-
                    directed plan, with investment decisions made solely by
                    persons that are accredited investors under any one of
                    Subparagraphs (i), (ii), and (iv); or

               vii. Subscriber is a private business development company as
                    defined in Section 202(a)(22) of the Investment Advisers
                    Act of 1940; or

              viii. Subscriber is an organization described in Section 50(c)(3)
                    of the Internal Revenue Code, corporation, Massachusetts or
                    similar business trust, or partnership, not formed for the
                    specific purpose of acquiring the Investments offered, with
                    total assets in excess of $5,000,000; or

                ii. Subscriber is a trust, with total assets in excess of
                    $5,000,000, not formed for the specific purpose of acquiring
                    the Investments offered, whose purchase is directed by a
                    sophisticated person as described in Rule 506(b)(2)(ii) of
                    the act.

         b.   Subscriber is acquiring the Investment (i) for his own account and
              not for the interest of any other; and (ii) for Investment only
              and not with the intention of, or a view toward, the resale or
              distribution thereof, and will not resell or otherwise transfer
              the Investment unless pursuant to an effective registration
              statement or based upon an exemption from registration, such
              exemption is available on the opinion of counsel satisfactory to
              Company's counsel in the opinion of Company's counsel; subscriber
              further understands that holding the Investment for any predefined
              period of

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          time (holding for a defined sale, holding for the capital gains
          period, etc.) does not constitute holding for Investment or an
          agreement to hold the Investment for Investment;

     c.   Subscriber understands that the company is not obligated to register
          the Investment under the Act to comply with the requirements for any
          exemption which might otherwise be available or to supply the
          undersigned with any information necessary to enable him to make
          routine sales of his Investment;

     d.   Subscriber possesses the knowledge and experience in financial and
          business matters to be able to evaluate the merits and risks of this
          Investment;

     e.   Subscriber is able to bear the economic risk of the Investment and is
          aware that no market for the Investment now exists, and such markets
          may not exist or may be limited in the future at such time as the
          Investment may be sold under applicable federal and state securities
          laws;

     f.   Subscriber realizes that since the Investment cannot be readily
          transferred, he, she, or it may not readily liquidate the Investment
          and must not purchase the Investment unless he has sufficient liquid
          assets to assure himself that such purchase will cause him no undue
          financial difficulties. Subscriber realizes further that the
          Investment may not be sold, transferred, or otherwise disposed of
          without registration under the Act or pursuant to an exemption from
          registration under the Act. Subscriber acknowledges that he has no
          rights to require registration of his Investment or component parts of
          the Investments under the Act;

     g.   Subscriber realizes and acknowledges that all the books and records of
          the Company have been made available for inspection prior to the
          execution and delivery of this Agreement; and

     h.   Subscriber agrees to cooperate with the Company in correcting
          clerical errors made on any documentation relating to the purchase of
          the Investment.

     4.   All checks should be made payable to "Melvin Schreiber, Special
Account."

     5.   This Agreement shall be governed by and construed in accordance with
the laws of the State of New York and shall bind and inure to the benefit of
heirs, executors, administrators, legal representatives, successors, and assigns
of the Subscriber and the Company.

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     IN WITNESS WHEREOF, the undersigned has executed this Agreement as of the
25th day of June 2001.

Dollar amount of Investment Subscribed for: $1,000,000.

                                   Subscriber's Signature:

                                   ENVIRO-Clean OF AMERICA, INC.

                                   By: /s/ Randall K. Davis
                                   Randall Davis, Chief Executive Officer

                                   Subscriber's Name
                                   (Print): Enviro-Clean of America, Inc.

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                                                                 Exhibit 10(iii)

                            PROMISSORY NOTE -- 01-11
                            ------------------------

$1,000,000
July 20, 2001

     FOR VALUE RECEIVED, Excalibur I, LLC, a Limited Liability Company, duly
organized under the laws of the State of New York and having its usual business
address at 3000 Marcus Avenue, Suite IW5, Lake Success, New York, 10042
(hereinafter called "Borrower"), hereby promises to pay to the order of
ENVIRO-CLEAN OF AMERICA, INC., (hereinafter called "Payee") the sum of
$1,000,000 ("advanced sum") plus the amounts more fully stated in a certain
Private Placement Memorandum dated July 20, 2001, the terms of which are
incorporated herein by reference, which shall not exceed but may be less than
the amount of $500,000. Payments shall be paid in quarterly installments until
the Payee receives 150 percent of the advanced sum,/1/ or the time collections
derived from the defaulted-upon accounts receivable have been exhausted,
whichever event occurs first.

     Payments shall fluctuate each quarter based upon the Borrower's net
revenues.

     This note may be prepaid in full or in part, in advance of maturity,
without a penalty.

     The Borrower hereby waives presentment, protest, or further demand or
notice of any kind otherwise required in connection with the payment of
principal or interest on this note.

     All rights and obligations hereunder shall be governed by the laws of the
State of New York, and this Note shall be deemed to be under seal.

     All the covenants, agreements, and terms contained in this Note shall bind
Borrower and Borrower's successors and assigns.

     This Promissory Note may not be assigned by the Payee.

     IN WITNESS WHEREOF, the Borrower has executed this Note the day and year
first above written.

                                   EXCALIBUR I, LLC

                                   By: Anlyn Associates, Inc., Member

                                   By:     /s/ Melvin Schreiber
                                      ------------------------------
                                      Melvin Schreiber, President

--------------------
/1/ For tax purposes, any money received by Payee over and above the advanced
    sum shall be treated as interest.

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