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                                                                   EXHIBIT 10.27

                         ALON USA ANNUAL CASH BONUS PLAN

75% of bonus payment will be based upon meeting or exceeding financial
objectives. 25% of bonus payment will be based upon meeting or exceeding
safety/environmental objectives.

SAFETY AND ENVIRONMENTAL OBJECTIVES

              Compliance with OSHA PetroSep settlement implementation
              OSHA Recordable Index
              Fatalities
              Reportable Air Events
              Reportable Spills
              Environmental Remediation Implementation

FINANCIAL OBJECTIVES

              Principal and Interest Reduction
              EBITDA

BONUS POOL CONTRIBUTION

      1.    Each year the interest payments attributable to the original term
            loan and working capital loan must be made and the principal
            payments stipulated in the term loan amortization schedule must be
            made. No bonus pool contribution will be made until these
            obligations are met.

      2.    After this obligation is met one-third of all after-tax free cash
            flow (after all investment activities and long term obligations)
            will be contributed to a bonus pool. This will allow the bonus pool
            to be funded when a business plan EBITDA is achieved as shown in the
            attachment. Funding will be on a calendar year basis. Thus, the
            annual interest and principal payments must be served plus any
            investments or long term obligations paid for during the year. No
            excess free cash flow will be credited to the bonus pool on a year
            to year basis. The funding of a bonus pool will start over at zero
            at the beginning of each calendar year.

      3.    The bonus pool will be distributed in the first quarter of each year
            for the previous year's performance. Bonuses will be provided only
            to employees of record on the last day of the calendar year, or who
            may have been granted the right to receive a prorated portion of a
            full year's bonus pursuant to written agreement.

      4.    In the first quarter of each year each employee will receive the
            percentage of his bonus eligibility, based upon the total funding of
            the bonus pool. For example, if the total bonus pool is 50% of the
            amount to fully pay bonus eligibility then each employee will
            receive 50% of his bonus eligibility, subject to the discounts
            described below.

      5.    If any of the criteria listed below occurs then the bonus payment
            will be reduced by 5% of the total for each criterion up to a total
            of 25%. In addition, if any environmental or safety fines are
            assessed during the calendar year the value of those fines will be
            deducted from the bonus pool.

              OSHA Incidence rate of greater than 2
              More than 12 reportable air events
              More than 12 reportable spills plus outfall exceedances
              Failure to comply with the OSHA PetroSep Settlement Agreement
              Failure to comply with any environmental remediation agreement

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      6.    In any year in which a work related fatality occurs, the safety and
            environmental portion of the bonus pool (25%) shall not be
            distributed at all, regardless of other safety and environmental
            performance.

      7.    Safety and environmental goals shall be re-evaluated annually. It is
            expected that safety and environmental goals will be revised
            annually to comply with the expectation of continuous improvement.

      8.    Bonus Program Administration and approval will remain with the
            Executive Committee of the Board of Directors. The amount of funds
            allocated to the bonus pool will be reviewed and approved by the
            Executive Committee of the Board of Directors annually.

      9.    At full funding it is expected that the bonus pool requirements will
            not exceed $4MM/year.

                             BONUS POOL ELIGIBILITY

Bonus pool eligibility shall be as follows.

<TABLE>
<CAPTION>
                                                 JOB            PERCENTAGE
               GROUP                            GRADE           OF BASE PAY
               -----                            -----           -----------
<S>                                             <C>             <C>
Executive                                                          100%

Management                                       40+                50%

Supervisory & Sr. Professionals                 37-39               20%

Professionals                                   33-36               15%

Wage and Non-Exempt                                                 10%
</TABLE><PAGE>

                                                                   EXHIBIT 10.28

                              ALON USA ENERGY, INC.

                          DESCRIPTION OF 10% BONUS PLAN

         Bonuses paid under the 10% Bonus Plan are distributed to eligible
employees in the second quarter of each year based on the previous year's
performance. Each bonus payment is based on our meeting or exceeding certain
financial objectives. Each employee who is not represented by a union is
eligible to receive up to 10% of his or her salary. Forty percent of the bonus
pool will be awarded to all eligible employees if we meet or are below fixed
costs operating budget. An additional 30% of the bonus will be awarded to
refinery employees if certain refining margins are achieved and half of that
amount will be awarded to all other eligible employees if certain total
wholesale marketing margins are achieved. Finally, the remaining 30% of the
bonus pool will be awarded to eligible employees at the discretion of senior
management.<PAGE>

                                                                   EXHIBIT 10.29

                    CHANGE OF CONTROL INCENTIVE BONUS PROGRAM

If prior to the earlier of 10 years from the date of this Agreement or the
vesting of ail shares of Common Stock available for vesting under the Incentive
Stock Option Agreements (the "ISO Agreements") dated July 31, 2000, between
Executive and each of Alon USA Operating, Inc. and Alon Assets, Inc. (each, a
"Parent Company"), and while Executive remains employed pursuant to this
Agreement, or following his termination by the Company without Cause or by
Executive for Good Reason, Alon Isreal Oil Company, Ltd. sells, transfers or
otherwise disposes of a majority of the amount of its ownership of the Parent
Companies as of the date of this Agreement to a person not its affiliate in a
transaction that is subject to Section 6 of the Shareholder Agreements of even
date between Executive and each of the Parent Companies, and Executive's actual
and contingent ownership of equity securities of the Parent Companies are
included in such transaction (a "Covered Transaction"), Executive will receive a
bonus upon the closing of the Covered Transaction based upon the implied
valuation given to the Parent Companies which is in excess of the value of
Executive's equity ownership of the Parent Companies, provided that the value
placed upon the Parent Companies, in the aggregate exceeds the amount for the
year of sale specified in the table below. The actual bonus to Executive will be
calculated on the following basis:

Bonus = ((Implied Equity Value of Parent Companies(1) - $20 million) *8%(2)) -
Amount Realized by Executive from Actual and Contingent Ownership(3): If the
amount realized with respect to the Parent Companies in any year does not exceed
the amount specified in the second column of the following table, no bonus will
be payable.

If the Amount Realized by Executive from actual and contingent ownership of the
Parent Companies in a Covered Transaction that occurs on or before July 31, 2003
is less than $3 million, the Executive will receive a cash bonus payment under
this program equal to $3 million minus the amount realized by Executive from
such transaction from actual and contingent ownership of the Parent Companies.

<TABLE>
<CAPTION>
                                Minimum Equity Value Given
Year of Covered Transaction        to Parent Companies
---------------------------     --------------------------
<S>                             <C>
       Prior to 7/31/01                 $ 30,000,000

     8/01/01 to 7/31/02                   37,500,000

     8/01/02 to 7/31/03                   46,875,000

     8/01/03 to 7/31/04                   58,593,750

     8/01/04 to 7/31/05                   73,242,187

     8/01/05 to 7/31/06                   91,552,734

     8/01/06 to 7/31/07                  114,440,917
</TABLE>

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(1) Pre tax value of Parent Companies in the transaction to holders of all
equity securities, including amounts paid for subordinated debt (limited
together with equity at inception to $20,000,000) payable to holders of Parent
Company equity securities.

(2) The 8% factor shall be reduced by the percentage of shares of Common Stock
subject to the ISO Agreements that either (i) were vested and exercisable but
not exercised or(ii) had lapsed and were not available for exercise pursuant to
the ISO Agreement.

(3) Represents proceeds to Executive with respect to equity securities owned by
Executive plus the value of contingent securities realized by Executive in such
transaction, such as options issued to Executive.<PAGE>

                                                                   EXHIBIT 10.30

                             ALON USA ENERGY, INC.

                      DESCRIPTION OF DIRECTOR COMPENSATION

         Effective upon consummation of this offering, each non-employee
director of Alon USA Energy, Inc. will receive an annual fee of $50,000 and a
fee of $1,500 per board meeting attended. The chairperson of our audit committee
will receive an additional annual fee of $10,000 and each member of our audit
committee will receive a fee of $1,500 per audit committee meeting attended.

         In addition, each independent director and each other non-employee
director who is not affiliated with Alon Israel will receive $25,000 per year in
restricted stock which will vest in three equal installments on each of the
first, second and third anniversaries of the grant date.

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