Document:

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                                                                    Exhibit 10.2

                              MANAGEMENT AGREEMENT

     AGREEMENT made on 13 January, 2003, at El Campo, Wharton County, Texas,
by and between CSS LAKE JACKSON PROPERTY, L.P., a Delaware Limited Partnership
("CSS") whose address is 98 East El Freda Circle, Tempe, Maricopa County,
Arizona, and MC STAR, Inc., a Texas Corporation ("MC STAR") whose address is
P.O. Box 550, El Campo, Wharton County, Texas.

                                    Recitals

     WHEREAS CSS is the owner and holder of certain lease property consisting of
a Fuel Terminal and land located at the Port of Bay City, Matagorda County,
Texas. This Terminal is used for the distribution and marketing of various
petroleum products. CSS now desires to engage the management services of MC
STAR, as an independent contractor and not as an employee, to assist in the
operation and management of said Terminal and to render its services on the
terms and conditions provided in this Management Agreement.

     MC STAR is in the business of marketing and distributing petroleum products
and is authorized to conduct such business in the State of Texas. MC STAR
desires to render its management services for CSS on the terms and conditions
provided in this Management Agreement.

     THEREFORE, in consideration of the mutual promises contained in this
Agreement, the parties agree as follows:

                                      Term

     1.   The Term of this Agreement shall commence on the Effective Date of
this Agreement and continue for a period of 5 years, unless terminated sooner by
the mutual consent of the parties or pursuant to the terms of this Agreement.
Thereafter, the Agreement shall automatically renew for successive one year
terms unless either party notifies the other party in writing at least 90 days
prior to the end of the initial term or the then-current renewal term of its
desire to terminate the Agreement at the end of the initial term or the
then-current renewal term.

                                    Services

     2.   The services to be rendered by MC STAR to CSS consist of managing and
operating every aspect of the Terminal at its own expense. MC STAR shall be
solely responsible for all aspects of operations, costs, revenues, accounting
and personnel. MC STAR agrees to perform these management services in a
professional manner. The scope, nature and timing of the performance of the
management services shall be determined and established from time to time by the
mutual agreement of the parties.

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                           Use of Agents or Assistants

     3.   MC STAR is authorized to engage the services of any agents,
assistants, persons, or corporations that it determines proper to aid or assist
in the management and operations of said Terminal. The cost of this assistance
will be borne solely by MC STAR.

                                       Fee

     4.   For management services to be rendered under this Agreement, MC STAR
will be entitled to receive, as a fee for its services, TWENTY-FIVE PERCENT
(25%) of the net profits, net of debt service and taxes, generated from the
operation of said Terminal. MC STAR shall be entitled to receive this
fee/profits to be paid solely out of said Terminal's free cash flow.

                               Reports and Records

     5.   MC STAR hereby agrees to maintain financial records is accordance with
GAAP, and upon request, MC STAR agrees to promptly provide CSS access to such
reports and records.

                                   Assignment

     6.   MS STAR may not assign any right or interest under this Agreement
without the prior written consent of CSS. In the event of an assignment, the
assignee or the assignees's legal representative must agree in writing with the
non-assigning party to personally assume, perform, and be bound by all of the
provisions of this Agreement.

                                   Termination

     7.   This Agreement may be terminated prior to the expiration of the term
in Paragraph 1 of this Agreement, in the event that one party is in material
breach of this Agreement and such breach remains substantially uncured for a
period of THIRTY (30) days after receipt of written notice by the non-breaching
party to the breaching party, specifying in reasonable detail, the nature of the
alleged breach. Events constituting a material breach shall include, but is not
limited to the following:

          (a)  The failure or refusal to make payment of any amount due
               hereunder;

          (b)  The attempt to assign any interest under this Agreement without
               the consent of the other party;

          (c)  The submission of any materially false report or data,
               information or supporting records required hereunder;

          (d)  The failure or refusal to comply with any other material
               provision of this Agreement.

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          (e)  The failure to operate the terminal in such a manner as to
               deliver profitability deemed reasonable by successful terminal
               owners knowledgeable with said Terminal.

                                 Attorney's Fees

     9.   If any action al law or in equity is brought to enforce or interpret
the provisions of this Agreement, the prevailing party is entitled to reasonable
attorney's fees in addition to any other relief to which it may be entitled.

                                  Governing Law

     10.  This Agreement, and the rights and duties of the parties under it, are
governed by the laws of the State of Texas.

                                    Amendment

     11.  This Agreement may be amended by the mutual agreement of the parties
to it, in a writing to be attached to and incorporated with this Agreement.

                               Legal Construction

     12.  In the event that any one or more of the provisions contained in this
Agreement is for any reason held to be invalid, illegal, or unenforceable in any
respect, that invalidity, illegality, or unenforceability will not affect any
other provision, and the Agreement will be construed as if the invalid, illegal,
or unenforceable provision had never been contained in this Agreement.

                                     Notices

     13.  Any notices, requests, consent or communication under this Agreement
shall be effective, only if in writing and if delivered by personal delivery or
Certified mail return receipt requested to the following addresses:

                               MC STAR, INC.
                               P.O. Box 550
                               El Campo, Texas 77437
                               ATT: Blair Couey

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                               CSS LAKE JACKSON PROPERTY, L.P.
                               98 East El Freda Circle
                               Tempe, Maricopa County, Arizona 85284-23

Or to such other address or addresses as shall be furnished in writing by either
party to the other.

                                  Miscellaneous

     14.  Nothing in this Agreement shall be construed or deemed to create a
joint venture, partnership, or agency relationship among the parties.

     15.  This Agreement contains the sole and only Agreement between the
parties and supersedes any prior understandings or written or oral agreements
between the parties respecting this subject matter. The terms and provisions of
this Agreement may not be modified, supplemented or amended, except in writing
signed by both parties hereto. All terms and provisions of this Agreement shall
be binding upon and inure to the benefit of and be enforceable by the parties
respective successors and permitted assigns.

     16.  This Agreement may be executed in multiple counterparts, each of which
shall be binding upon the signing part or parties thereto as fully as if all
parties had executed one instrument, and all such counterparts shall constitute
one and the same instrument. The signature pages of the parties as affixed to
the counterparts may be combined, treated, and given effect for all purposes,
including recordation, into one single instrument.

     Executed this the 13 day of January, 2003.

                                          CSS LAKE JACKSON PROPERTY, L.P.

                                          By: CSS Lake Jackson Property, L.L.C.,
                                          General Partner.

                                                  By: /s/ Nancy Cain
                                                     ---------------------------
                                                     Nancy Cain, Manager

                                                  By: /s/ Skelly Strong
                                                     --------------------------
                                                     Skelly Strong, Manager

                                          MC STAR, INC

                                                  By: /s/ Blair Couey
                                                     --------------------------
                                                     Blair Couey, President

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THE STATE OF TEXAS         )
                           )
COUNTY OF WHARTON          )

     This instrument was acknowledged before me on January 13, 2003, by Blair
Couey, President of MC STAR, INC., a Texas Corporation.

     [STATE OF TEXAS                             /s/ Rebecca Witte
 NOTARY SEAL - REBECCA WITTE]                    -------------------------------
                                                 Notary Public, State of Texas

THE STATE OF ARIZONA       )
                           )
COUNTY OF MARICOPA         )

     This instrument was acknowledged before me on January 16, 2003, by Nancy
Cain, Manager of CSS Lake Jackson Property, L.L.C., a Delaware Limited Liability
Company and General Partner of CSS LAKE JACKSON PROPERTY, L.P., a Delaware
Limited Partnership.

                                                 /s/ Daniel W. Vincent
     [STATE OF ARIZONA                           -------------------------------
 NOTARY SEAL - DANIEL W. VINCENT]                Notary Public, State of Arizona

THE STATE OF TEXAS         )
                           )
COUNTY OF WALKER           )

     This instrument was acknowledged before me on January 17, 2003, by Skelly
Strong, Manager of CSS Lake Jackson Property, L.L.C., a Delaware Limited
Liability Company and General Partner of CSS LAKE JACKSON PROPERTY, L.P., a
Delaware Limited Partnership.

     [STATE OF TEXAS                             /s/ Jana C. Stutts
 NOTARY SEAL - JANA C. STUTTS]                   -------------------------------
                                                 Notary Public, State of Texas<PAGE>

                                                                    Exhibit 10.1

                              SEPARATION AGREEMENT

     This Separation Agreement (the "Agreement") is made this 11th day of April,
2003, by and between Syntroleum Corporation, A Delaware corporation having an
address of 1350 S Boulder Avenue, Suite 1100, Tulsa, Oklahoma 74119 ("Employer")
and Paul Schubert, having an address of 624 Oakridge Drive, Bartlesville,
Oklahoma 74006 ("Employee").

     WHEREAS,  Employee and Employer are parties to an Employment Agreement made
effective June 17, 1999, as amended, (the "Employment Agreement") a copy of
which is attached hereto; and

     WHEREAS,   Employee  and  Employer   mutually  desire  to  terminate  their
employment relationship upon the terms and conditions set forth in this
Agreement.

     NOW, THEREFORE in consideration of the mutual promises and covenants set
forth in this Agreement, the parties agree as follows:

     1.   Separation From Employment. Employee will terminate his employment
with Employer effective April 11, 2003 (the "Termination Date"). The Employment
Agreement shall terminate effective as of the Termination Date except that the
provisions of Sections 6, 7, 8, 9, 10, 11, 12 and 16 thereof shall survive such
termination and continue in full force and effect in accordance with their
respective terms.

     2.   Payments.  In consideration for Employee signing this Agreement
Employer shall provide employee the following payments and benefits:

     (a)  Employee shall be paid an amount equivalent to his regular bi-weekly
          salary of $8076.92 for the 24-month period commencing on April 11,
          2003 and ending on April 10, 2005. Employee shall also be paid amounts
          equivalent to his unused and accrued vacation and for the sixty (60)
          day notice period pursuant to the Employment Agreement. Employee
          hereby waives any other payments or amounts that would otherwise be
          due under the terms of any prior agreements or understandings. From
          the amounts paid under this paragraph Employer will withhold amounts
          it deems necessary to ensure the proper payment of all taxes and to
          satisfy the federal, state, or local laws. Prior to payment of any
          amounts under this Agreement Employee shall execute and deliver to
          Employer a W-9 and any other document deemed necessary by the
          Employer's tax advisers to ensure the proper withholding of taxes.

     (b)  Employee acknowledges that he is currently indebted to the Employer in
          the following amounts: (i) $13,427.94 and (ii) $30,000.00 as a result
          of a loan with a maturity date of September 14, 2003.

          1.  Employee hereby agrees to payment of $ 13,427.94 from the payment
              due to Employee pursuant to Paragraph 2 (a) above.

                                       1

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          2.  As consideration for this Agreement, Employer agrees to forgive
              repayment of the principal and interest on the loan due September
              14, 2003. Employee shall be solely responsible for taxes due and
              payable by reason of the forgiveness of said loan.

     (c)  In the event Employee elects to continue coverage under COBRA,
          Employer shall pay 100% of the major medical insurance premium for the
          current coverage election for the period from April 11, 2003 through
          June 30, 2003 or until Employee secures employment providing
          alternative coverage, whichever occurs earlier.

     (d)  Employee agrees that (i) he is responsible for any and all taxes
          associated with payments and benefits and (ii) he will seek his own
          tax advice with respect to the deductibility and tax liability
          associated with the payments and benefits provided in connection with
          this Agreement. All payments by employer shall be subject to regular
          payroll deductions.

     3.   Additional Benefits. Nothing contained in this Agreement shall be
interpreted to waive or release Employee's rights under any Employer sponsored
employee benefit plan governed by ERISA in which Employee is a qualified
participant, including, but not limited to, any benefits under a pension or
retirement plan. Employee's rights under any such plan shall be governed by the
terms of such plan. Other than the benefits described in this paragraph,
Employee agrees that he is not entitled to any additional benefits.

     4.   Consulting and Cooperation. Employee agrees to make himself reasonably
available to Employer as a consultant during the period commencing April 11,
2003 and ending June 10, 2003 to consult with Employer at no additional cost to
Employer. Employee also agrees to cooperate with Employer relating to any
matters as to which he was involved while employed by Employer, including any
litigation or administrative actions.

     5.   Resignations. Employee resigns as an officer of the Employer and all
subsidiary corporations of the Employer effective April 11, 2003.

     6.   Release of Claims. By signing this Agreement Employee agrees that the
payments described above are adequate consideration for the release of the
claims described in this Agreement and that part of the consideration offered is
in addition to any compensation or benefits otherwise due in the absence of this
Agreement. Employee agrees that he is acting of his own free will, voluntarily
and on behalf of himself, his heirs, administrators, executors, successors and
assigns. Except for the obligations set forth herein, Employee hereby releases
Employer and its predecessors, subsidiaries, affiliates, directors, officers,
employees, and agents and each of them ("the Released Parties"), from any and
all debts, obligations, claims, demands, judgments, or causes of action of any
kind whatsoever, in tort, contract, by statute, or on any other basis, for
compensatory, punitive, or other damages, expenses, reimbursements, or costs of
any kind, including, but not limited to any and all claims, demands, rights,
and/or causes of action arising out of his employment with Employer, or relating
to any asserted or unasserted employment discrimination or violations of civil
rights such as, but not limited to, those arising

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under Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991.
The Civil Rights Act of 166 and/or 1871, the Age Discrimination in Employment
Act of 1967 ("ADEA"), the Americans With Disabilities Act of 1990, Executive
Order 11246, the Equal Pay Act of 1963, the Rehabilitation Act of 1973, or any
other applicable federal, state, or local employment discrimination statute or
ordinance or any other claim whether statutory or based on common law arising:
(1) by reason of his employment with Employer or the termination of his
employment or the circumstances related to the termination; (2) any claims
arising under the Employment Agreement, and/or (3) by reason of any other
matter, cause, or thing whatsoever, from the first date of employment to the
date of execution of this Agreement. Employee agrees and covenants not to
initiate any litigation based on events, occurrences, acts or omissions which
relate in any way to Employee's employment with Employer, the termination
thereof or which are the subject of the releases given herein.

     Age Discrimination Issues. The ADEA is a federal statute prohibiting
discrimination on the basis of age in connection with employment, benefits and
benefit plans. Employee's signature on this Agreement is his acknowledgement
that he understands that he is waiving, releasing and forever giving up all
claims under the ADEA as of the time he signs this Agreement. Employee
acknowledges that he has been advised by Employer of his right to seek legal
advice from a lawyer of his choosing, at his expense, concerning this Agreement.

     7.   Enforcement. Employee agrees that any breach of Employee's obligations
under this Agreement will cause Employer irreparable injury for which Employer
has no adequate remedy at law. Accordingly, Employee agrees that in the event of
any breach or threatened breach by Employee of Employee's obligations under this
Agreement, Employer shall be entitled, in addition to any and all other remedies
available, to seek and obtain injunctive and/or other equitable relief to
require specific performance of, or to prevent a breach of, Employee's
obligations under this Agreement. Employee agrees that Employer may have such
injunctive relief without posting a bond.

     8.   Representations. Employee represents, warrants and agrees as follows:
(a) no consent of any third party is required in connection with the
transactions contemplated hereby (b) the provisions hereof will not violate any
court order or ruling; (c) he has the legal right and authority to enter into
and perform his obligations hereunder; ; (d) he has been advised of his right to
seek legal counsel, and (e) he will indemnify and hold Employer harmless for any
loss, damage or claim arising from any breach of these representations or his
obligations hereunder.

     9.   Default. If Employee breaches any of the terms of the Agreement,
Employer shall have the right to recover all costs and expenses, including
reasonable attorneys' fees incurred by Employer in enforcing the terms of this
Agreement and/or recovering damages as a result of any such breach.

     10.  Severability. If any provision of this Agreement is held invalid or
unenforceable, either in its entirety or by virtue of its scope or application
to given circumstances, such provision shall be deemed modified to the extent
necessary to render the same valid or not applicable to given circumstances, as
the situation may require, and this Agreement shall be construed and enforced as
if such provision had been included herein as so modified in scope or

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application or had not been include herein, as the case may be. Although the
Employee agrees that the restrictions on Employee's activities in this Agreement
are reasonable, given the nature and scope of Employer's business, the
information made available to Employee during his employment, and the
compensation provide for herein, Employee and Employer agree that in lieu of
declaring the restrictions void, a court of competent jurisdiction shall be
requested by both parties to modify the restrictions, to the extent necessary
under applicable law, to protect the legitimate interests of both Employer and
Employee.

     11.  Denial of Liability. Employer and Employee understand and agree that
the consideration set forth in this Agreement does not constitute an admission
of liability or violation of any applicable law, and any contract provisions or
any rule or regulation as to which the Released Parties expressly deny
liability.

     12.  Entire Agreement. Except for the provisions of the Employment
Agreement which remain in effect as stated herein, and any employment policies
regarding confidentiality and trade secret information, Employee agrees that
this Agreement constitutes the complete agreement between the parties and that
no other representations have been made by Employer.

     13.  Death. In the event of Employee's death prior to the final payment
provided for herein, this Agreement shall terminate and Employer shall have no
further obligations hereunder.

     14.  Confidentiality. Employer agrees to keep the existence, terms, and
substance of this Agreement confidential and further agrees that he will not
disclose the terms of this Agreement to anyone other than to his attorney and
tax advisors, except as may be required by law.

     15.  Interpretation Under State Law. This Agreement shall be construed
under the laws of the State of Oklahoma and shall in all respect be interpreted,
enforced and governed under the law of said State.

     16.  Review Period. Employee has the right to review this Agreement for a
period of twenty-one days prior to signing. By signing prior to the end of such
twenty-one day period, the Employee is waiving his right to such review period.
Employer has advised Employee that he should seek legal counsel with respect to
this Agreement. Employee also has seven (7) days from the date he signs this
Agreement to revoke the Agreement by providing a written notice to Employer by
contacting Jack Holmes. Employer will have no obligations under this Agreement
should Employee exercise his right to revoke. The Employer shall not be
obligated to make any payments of additional consideration called for by this
Agreement until the revocation period has expired.

     17.  Computer.  The Employee shall retain  possession of the computer given
him on April 11, 2003.

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                                          Syntroleum Corporation

                                          By: __________________________________

                                          Title: _______________________________

                                          ______________________________________
                                          Paul Schubert

                                          Date: ________________________________

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