Document:

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                                                                   EXHIBIT 10.22

                          REGISTRATION RIGHTS AGREEMENT

      This Registration Rights Agreement (the "Agreement") is made and entered
into as of _______________________, 2005, by and between Alon USA Energy, Inc.,
a Delaware corporation (the "Company"), and Alon Israel Oil Company Ltd., an
Israeli corporation (the "Holder").

                                    RECITALS

A.          Upon the completion of an initial public offering of shares of
      common stock, par value $0.01 per share ("Common Stock"), of the Company
      (the "Initial Public Offering"), the Company will cease to be a wholly
      owned subsidiary of the Holder.

B.          In connection with the Initial Public Offering, the Company desires
      to grant Holder registration rights with respect to the Holder's ownership
      of Common Stock.

C.          This Agreement sets forth the understandings and agreements of the
      parties with respect to the rights and obligations of the Holder and the
      Company with respect to such registration rights.

      NOW, THEREFORE, the parties hereto agree as follows:

      1.          Definitions. The following terms have the following meanings
            when used in this Agreement with initial capital letters:

      "Exchange Act" shall mean the Securities Act of 1934, as amended.

      "Holders" shall mean the Holder and any permitted assignee of the Holder's
rights under this Agreement.

      "Restricted Stock" shall mean all shares of Common Stock owned by the
Holder from time to time. As to any particular outstanding shares or other units
of Restricted Stock, such securities shall cease to be Restricted Stock when (i)
a registration statement with respect to the offer and sale of such securities
shall have become effective under the Securities Act and such securities shall
have been disposed of in accordance with such registration statement, (ii) such
securities shall have been distributed to the public pursuant to Rule 144 (or
any successor provision) under the Securities Act, (iii) such securities may be
freely distributed by the Holder thereof in a public offering or otherwise
without the need for registration or qualification of such securities under the
Securities Act or any similar state law then in force in light of legal
requirements or market conditions and without any restriction on the volume or
the manner of sale or any other limitations under Rule 144 (or any successor
provision) under the Securities Act, (iv) such securities shall have ceased to
be outstanding, or (v) the Holder thereof shall agree in writing that such
Restricted Stock shall no longer be Restricted Stock.

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      "SEC" shall mean the U.S. Securities and Exchange Commission.

      "Securities Act" shall mean the Securities Act of 1933, as amended.

      "Selling Holder" shall mean a Holder selling or distributing Restricted
Stock pursuant to this Agreement.

      2.          Demand Registration.

            (a)         Request for Registration. Subject to the provisions of
                  Section 5 hereof, at any time and from time to time any Holder
                  or Holders holding in the aggregate 10% or more of the shares
                  or other units of the Restricted Stock then outstanding may
                  make a written request for registration under the Securities
                  Act of all or part of its or their Restricted Stock pursuant
                  to this Section 2 (a "Demand Registration"), provided that the
                  number of shares or other units of Restricted Stock proposed
                  to be sold or distributed pursuant to such registration shall
                  be equal to 10% or more of the aggregate number of shares or
                  other units of Restricted Stock then outstanding, but (if
                  fewer than all outstanding shares or other units of Restricted
                  Stock are proposed to be so sold or distributed) in no event
                  less than 5% of the initial aggregate number of shares or
                  other units of Restricted Stock (subject to appropriate
                  adjustment for any stock dividend, stock split, combination,
                  recapitalization, merger, consolidation, reorganization or
                  other occurrence affecting the number of shares or other units
                  of Restricted Stock then outstanding). Such request will
                  specify the aggregate number of shares or other units of
                  Restricted Stock proposed to be sold or distributed and will
                  also specify the intended method of disposition thereof.
                  Within 10 business days after receipt of such request, the
                  Company will give written notice of such registration request
                  to all other Holders of Restricted Stock and include in such
                  registration all Restricted Stock with respect to which the
                  Company has received written requests for inclusion therein
                  within 15 business days after the date on which such notice is
                  so given. Each such request will also specify the number of
                  shares or other units of Restricted Stock to be registered and
                  the intended method of disposition thereof. No party other
                  than a Holder shall be permitted to

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                  include securities in any Demand Registration unless the
                  Holder or Holders of a majority of the shares or other units
                  of Restricted Stock to be included therein shall have
                  consented thereto in writing.

            (b)         Priority on Demand Registration. If the Holders of a
                  majority of the shares or other units of the Restricted Stock
                  to be included in a Demand Registration so elect, the offering
                  of such Restricted Stock pursuant to such Demand Registration
                  shall be in the form of an underwritten offering. In such
                  event, if the managing underwriter or underwriters of such
                  offering advise the Company and the Holders in writing that in
                  their opinion the aggregate amount of Restricted Stock
                  requested to be included in such offering is so large that it
                  will materially and adversely affect the success of such
                  offering, the Company will include in such registration the
                  aggregate number of shares or other units of Restricted Stock
                  which in the opinion of such managing underwriter or
                  underwriters can be sold without any such material adverse
                  effect, and such number of shares shall be allocated pro rata
                  among the Holders of Restricted Stock on the basis of the
                  number of shares of Restricted Stock requested by such Holders
                  to be included in such registration. To the extent Restricted
                  Stock so requested to be registered is excluded from the
                  registration, then the Holders of such Restricted Stock shall
                  have the right to one additional Demand Registration under
                  this Section 2 with respect to such Restricted Stock (in
                  addition to the number of Demand Registrations permitted under
                  Section 5(a)(ii) below), provided that the failure of such
                  Restricted Stock to be registered is through no fault of such
                  Holders.

            (c)         Selection of Underwriters and Counsel. If any Demand
                  Registration is in the form of an underwritten offering, the
                  Holders of a majority of the shares or other units of
                  Restricted Stock to be registered will select and obtain the
                  services of the investment banker or investment bankers and
                  manager or managers that will administer the offering and the
                  counsel to such investment bankers and managers; provided that
                  such investment

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                  bankers, managers and counsel must be reasonably satisfactory
                  to the Company.

      3.          Piggyback Registration. If the Company proposes to file a
            registration statement under the Securities Act with respect to an
            offering (i) for its own account of any class of its equity
            securities (other than a registration statement on Form S-8 (or any
            successor form), Form S-4 (or any successor form) or any other
            registration statement relating solely to employee benefit plans or
            filed in connection with an exchange offer, a transaction to which
            Rule 145 (or any successor provision) under the Securities Act
            applies or an offering of securities solely to the Company's
            existing stockholders) or (ii) for the account of any other holder
            of Common Stock (to the extent any agreement with such holder
            permitted under Section 11 hereof (a "Third Party Agreement")
            permits the registration of Restricted Stock in connection with such
            offering), then the Company shall in each case give written notice
            of such proposed filing to the Holders as soon as practicable (but
            no later than 20 business days) before the anticipated filing date,
            and such notice shall offer each Holder the opportunity to register
            such number of shares or other units of Restricted Stock as such
            Holder may request. Each Holder desiring to have Restricted Stock
            included in such registration statement shall so advise the Company
            in writing within 10 business days after the date on which the
            Company's notice is so given, setting forth the number of shares or
            other units of Restricted Stock for which registration is requested.
            If the offering is to be an underwritten offering, the Company
            shall, subject to the further provisions of this Agreement and to
            the provisions of a Third Party Agreement, if applicable, use
            reasonable efforts to cause the managing underwriter or underwriters
            to permit the Holders of the Restricted Stock requested to be
            included in the registration for such offering to include such
            Restricted Stock in such offering on the same terms and conditions
            as any similar securities of the Company included therein. The right
            of each Holder to registration pursuant to this Section 3 in
            connection with an underwritten offering shall, unless the Company
            otherwise assents, be conditioned upon such Holder's participation
            as a seller in such underwritten offering and its execution of an
            underwriting agreement with the managing underwriter or underwriters
            selected by the Company. Notwithstanding the foregoing, if the
            managing underwriter or underwriters of such offering deliver a
            written opinion to the Company to the effect that either because of
            (a) the kind of securities that the Company, the Holders and any
            other person or entities intend to include in such offering or (b)
            the size of the offering that the Company, the Holders and any other
            persons or entities intend to make, the success of the offering
            would be

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            materially and adversely affected by inclusion of the Restricted
            Stock requested to be included, then (i) if the size of the offering
            is the basis of such managing underwriter's opinion, the number of
            shares or other units of Restricted Stock to be registered and
            offered for the accounts of Holders shall be reduced pro rata on the
            basis of the number of securities requested by such Holders to be
            registered and offered to the extent necessary to reduce the total
            amount of securities to be included in such offering to the amount
            recommend by such managing underwriter or underwriters (provided
            that if securities are being registered and offered for the account
            of other persons or entities as well as the Company in an offering
            by the Company, such reduction shall not be proportionally greater
            than any similar reductions imposed on such other persons or
            entities) and (ii) if the combination of securities to be offered is
            the basis of such managing underwriter's opinion, (x) the Registered
            Stock to be included in such registration and offering shall be
            reduced as described in clause (i) above or (y) if such actions
            would, in the judgment of the managing underwriter, be insufficient
            to substantially eliminate the adverse effect that inclusion of the
            Restricted Stock requested to be included would have on such
            offering, such Restricted Stock will be excluded entirely from such
            registration and offering.

      4.          Registration Procedures. Whenever, pursuant to Section 2 or 3
            hereof, Holders of Restricted Stock have requested that any
            Restricted Stock be registered, the Company shall, subject to the
            provisions of Section 5 hereof, use reasonable efforts to effect the
            registration and the sale or distribution of such Restricted Stock
            in accordance with the intended method of disposition thereof as
            promptly as practicable, and in connection with any such request,
            the Company shall:

            (a)         in connection with a request pursuant to Section 2
                  hereof, prepare and file with the SEC, not later than 45 days
                  after receipt of such a request, a registration statement on
                  any form for which the Company then qualifies and which
                  counsel for the Company shall deem appropriate and which form
                  shall be available for the sale or distribution of such
                  Restricted Stock in accordance with the intended method of
                  distribution thereof, and use reasonable efforts to cause such
                  registration statement to become effective; provided that if
                  the Company shall furnish to the Holders making such a request
                  a certificate signed by either the chief executive officer or
                  the chief financial officer of the Company stating that in the
                  good faith judgment of the

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                  Company's board of directors, it would be significantly
                  disadvantageous to the Company for such a registration
                  statement to be filed on or before the date filing would
                  otherwise be required hereunder and explaining the reasons
                  therefor, the Company shall have an additional period of not
                  more than 90 days within which to file such registration
                  statement; and, provided further, that (i) before filing a
                  registration statement or prospectus or any amendments or
                  supplements thereto, the Company will furnish to one counsel
                  selected by the Holders of a majority of the shares or other
                  units of Restricted Stock covered by such registration
                  statement copies of all such documents proposed to be filed,
                  which documents will be subject to the review and comment of
                  such counsel and (ii) after the filing of the registration
                  statement, the Company shall promptly notify each Selling
                  Holder of Restricted Stock of any stop order issued or, to the
                  knowledge of the Company, threatened by the SEC and take all
                  reasonable actions to prevent the entry of such stop order or
                  to remove it if entered;

            (b)         in connection with a request pursuant to Section 2
                  hereof, prepare and file with the SEC such amendments and
                  supplements to such registration statement and the prospectus
                  used in connection therewith as may be necessary to keep such
                  registration statement effective for a period of not less than
                  90 days or such shorter period as shall terminate when the
                  distribution of all Restricted Stock covered by such
                  registration statement shall have terminated and comply with
                  the provisions of the Securities Act with respect to the
                  disposition of all securities covered by such registration
                  statement during such period in accordance with the intended
                  methods of disposition by the Selling Holders thereof set
                  forth in such registration statement;

            (c)         as soon as reasonably practicable, furnish to each
                  Selling Holder, prior to filing a registration statement,
                  copies of such registration statement as proposed to be filed
                  and thereafter furnish to such Selling Holder such number of
                  copies of such registration statement, each amendment and
                  supplement thereto, the prospectus included in such

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                  registration statement (including any preliminary prospectus)
                  and such other documents as such Selling Holder may reasonably
                  request in order to facilitate the disposition of the
                  Restricted Stock owned by such Selling Holder;

            (d)         use its reasonable efforts to register or qualify such
                  Restricted Stock under such other securities or blue sky laws
                  of Canada and of such jurisdictions within the United States
                  and Canada as any Selling Holder reasonably (in light of such
                  Selling Holder's intended plan of distribution) requests and
                  do any and all other acts and things which may be reasonably
                  necessary or advisable to enable such Selling Holder to
                  consummate the disposition in such jurisdictions of the
                  Restricted Stock owned by such Selling Holder; provided that
                  the Company shall not be required to (i) qualify generally to
                  do business or file a general consent to service of process in
                  any jurisdiction or (ii) take any action that would subject
                  itself to taxation in any such jurisdiction;

            (e)         promptly notify each Selling Holder of such Restricted
                  Stock, at any time when a prospectus relating thereto is
                  required to be delivered under the Securities Act, of the
                  occurrence of any event known to the Company requiring the
                  preparation of a supplement or amendment to such prospectus so
                  that, as thereafter delivered to the purchasers or recipients
                  of such Restricted Stock, such prospectus will not contain an
                  untrue statement of a material fact or omit to state any
                  material fact required to be stated therein or necessary to
                  make the statements therein not misleading and promptly make
                  available to each Selling Holder any such supplement or
                  amendment;

            (f)         in connection with a request pursuant to Section 2
                  hereof, enter into an underwriting agreement in customary
                  form, the form and substance of such underwriting agreement
                  being subject to the reasonable satisfaction of the Company
                  and a majority in interest of the Selling Holders;

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            (g)         make available for inspection by any Selling Holder, any
                  underwriter participating in any sale or distribution pursuant
                  to such registration statement and any attorney, accountant or
                  other agent retained by any such Selling Holder or underwriter
                  (collectively, the "Inspectors") all financial and other
                  records, pertinent corporate documents and properties of the
                  Company (collectively, the "Records") as shall be reasonably
                  necessary to enable them to exercise their due diligence
                  responsibility, and cause the Company's officers and employees
                  to supply all information reasonably requested for such
                  purpose by any such Inspector in connection with such
                  registration statement; provided that the Company shall have
                  no obligation to permit such access to the Records or its
                  officers or employees in a manner that would unreasonably
                  disrupt the normal conduct of its business operations;

            (h)         in the event such sale is pursuant to an underwritten
                  offering, use its reasonable efforts to obtain a comfort
                  letter or letters from the Company's independent public
                  accountants in customary form and covering such matters of the
                  type customarily covered by comfort letters as the managing
                  underwriter reasonably requests; and

            (i)         otherwise use its reasonable efforts to comply with all
                  applicable rules and regulations of the SEC and make available
                  to its security holders, as soon as reasonably practicable, an
                  earnings statement complying with the provisions of Section
                  11(a) of the Securities Act (including, at the option of the
                  Company, pursuant to Rule 158 (or any successor provision)
                  under the Securities Act).

      Upon receipt of any notice from the Company of the occurrence of any event
of the kind described in subsection (e) hereof, such Selling Holder shall
forthwith discontinue all offerings, sales and other dispositions of Restricted
Stock pursuant to the registration statement covering such Restricted Stock
until such Selling Holder's receipt of the copies of the supplemented or amended
prospectus contemplated by subsection (e) hereof. In the event the Company shall
give any such notice, the Company shall extend the period during which such
registration statement shall be maintained effective pursuant to this Agreement
(including the period referred to in subsection (b) hereof) by the number of
days during the period from and including the date of the giving of such notice
pursuant to subsection (b) hereof to and including the first date on which each
Selling Holder covered by such registration statement shall have received the
copies of the

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supplemented or amended prospectus contemplated by subsection (e) hereof. Each
Selling Holder shall notify the Company if any event relating to such Selling
Holder occurs which would require the preparation of a supplement or amendment
to the prospectus so that such prospectus will not contain an untrue statement
of a material fact or omit to state a material fact required to be stated
therein or necessary to make the statements therein not misleading.

      5.          Conditions and Limitations.

            (a)         The Company's obligations under Section 2 hereof shall
                  be subject to the following limitations:

                  (i)         the Company need not file a registration statement
                        either (x) during the period starting with the date 60
                        days prior to the Company's estimated date of filing of,
                        and ending 90 days after the effective date of filing
                        of, any registration statement pertaining to securities
                        of the Company (other than a registration of securities
                        in a transaction to which Rule 145 (or any successor
                        provision) under the Securities Act applies, in an
                        exchange offer or with respect to an employee benefit
                        plan or dividend reinvestment plan), provided that if
                        such Company registration statement is not filed within
                        90 days after the first date on which the Company
                        notifies a Holder of Restricted Stock that it will delay
                        a Demand Registration pursuant to this clause (x), the
                        Company may not further postpone such Demand
                        Registration pursuant to this clause (x) or (y) during
                        the period specified in the first proviso of
                        subparagraph (a) of Section 4 hereof;

                  (ii)        except as provided in Section 2(b) hereof, the
                        Company shall not be required to cause to become
                        effective more than three Demand Registrations, other
                        than Demand Registrations meeting the requirements of
                        Section 2 and which

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                        can be made by the Company using Form S-3, which shall
                        not be limited in number; and

                  (iii)       the Company shall have received the information
                        and documents specified in Section 6 hereof and each
                        Selling Holder shall have observed or performed its
                        other covenants contained in Sections 6 and 8 hereof.

            (b)         The Company's obligation under Section 3 hereof shall be
                  subject to the limitations and conditions specified in such
                  Section and in clause (iii) of subsection (a) of this Section
                  5, and to the condition that the Company may at any time
                  terminate its proposal to register equity securities for its
                  own account and discontinue its efforts to cause a
                  registration statement to become or remain effective as to any
                  and all shares or other units of Restricted Stock that would
                  otherwise have been eligible for inclusion in such
                  registration.

      6.          Information from and Certain Covenants of Holders of
            Restricted Stock. Notices and requests delivered to the Company by
            Holders for whom Restricted Stock is to be registered pursuant to
            this Agreement shall contain such information regarding the
            Restricted Stock to be so registered, the Holder and the intended
            method of disposition of such Restricted Stock as shall reasonably
            be required in connection with the actions contemplated to be taken
            pursuant to this Agreement. Any Holder whose Restricted Stock is
            included in a registration statement pursuant to this Agreement
            shall exercise all consents, powers of attorney, registration
            statements and other documents reasonably required to be executed by
            it in order to cause such registration statement to become
            effective. Each Selling Holder covenants that, in disposing of such
            Holder's shares, such Holder will comply with Regulation M and Rule
            10b-5 (or any successor provisions) under the Exchange Act and all
            other requirements of applicable law.

      7.          Registration Expenses.

            (a)         All Registration Expenses (as defined herein) will be
                  borne by the Company. Underwriting discounts and commissions
                  applicable to the sale of Restricted Stock shall be borne by
                  the

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                  Holder of the Restricted Stock to which such discount or
                  commission relates.

            (b)         As used herein, the term Registration Expenses means all
                  expenses incident to the Company's performance of or
                  compliance with this Agreement (whether or not the
                  registration in connection with which such expenses are
                  incurred ultimately becomes effective), including without
                  limitation all registration and filing fees, fees and expenses
                  of compliance with securities or blue sky laws (including
                  reasonable fees and disbursements of counsel in connection
                  with blue sky qualifications of the Restricted Stock), rating
                  agency fees, printing expenses, the fees and expenses incurred
                  in connection with the listing or admission for quotation of
                  the securities to be registered on any securities exchange or
                  quotation system and fees and disbursements of counsel for the
                  Company and its independent certified public accountants
                  (including the expenses of any special audit or comfort
                  letters required by or incident to such performance),
                  securities act liability insurance (if the Company elects to
                  obtain such insurance), the reasonable fees and expenses of
                  any special experts retained by the Company in connection with
                  such registration and the fees and expenses of other persons
                  retained by the Company, all fees and expenses of counsel for
                  the underwriters (to the extent not borne by the
                  underwriters), and all fees and expenses of one counsel acting
                  on behalf of the Selling Holders and selected by Selling
                  Holders holding a majority of the shares or other units of
                  Restricted Stock to be registered.

      8.          Indemnification; Contribution.

            (a)         Indemnification by the Company. In connection with any
                  offering of Restricted Stock pursuant to this Agreement, the
                  Company shall indemnify and hold harmless each Selling Holder,
                  its officers, directors and agents and each person, if any,
                  who controls such Selling Holder within the meaning of either
                  Section 15 of the Securities Act or Section 20 of the Exchange
                  Act from and against any and all losses, claims, damages,
                  liabilities and expenses (including reasonable fees and

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                  disbursements of counsel) arising out of or based upon any
                  untrue statement or alleged untrue statement of material fact
                  contained in any registration statement or prospectus relating
                  to Restricted Stock or in any amendment or supplement thereto
                  or in any preliminary prospectus relating to Restricted Stock
                  or arising out of or based upon any omission or alleged
                  omission to state therein a material fact required to be
                  stated therein or necessary to make the statements therein not
                  misleading in light of the circumstances under which they were
                  made, except insofar as such losses, claims, damages,
                  liabilities or expenses arise out of, or are based upon, any
                  such untrue statement or alleged untrue statement or omission
                  or alleged omission based upon information furnished in
                  writing to the Company by such Selling Holder or on such
                  Selling Holder's behalf expressly for use therein. In
                  connection with any underwritten offering of Restricted Stock
                  registered pursuant to this Agreement, the Company shall cause
                  to be included in any underwriting agreement with the
                  underwriters of such offering provisions indemnifying and
                  providing for contribution to such underwriters and their
                  officers and directors and each person who controls such
                  underwriters on substantially the same basis as the provisions
                  of this Section 8 indemnifying and providing for contribution
                  to the Selling Holders.

            (b)         Indemnification by Holders of Restricted Stock. In
                  connection with any offering of Restricted Stock pursuant to
                  this Agreement, each Selling Holder shall indemnify and hold
                  harmless the Company, its officers, directors and agents and
                  each person, if any, who controls the Company within the
                  meaning of either Section 15 of the Securities Act or Section
                  20 of the Exchange Act, from and against any and all losses,
                  claims, damages, liabilities and expenses (including
                  reasonable fees and disbursements of counsel) arising out of
                  or based upon any untrue statement or alleged untrue statement
                  of a material fact contained in any registration statement or
                  prospectus relating to Restricted Stock or in any amendment or
                  supplement thereto or in any preliminary prospectus relating
                  to Restricted Stock, or arising out of or

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                  based upon any omission or alleged omission to state therein a
                  material fact required to be stated therein or necessary to
                  make the statements therein not misleading in light of the
                  circumstances under which they were made, provided that (i)
                  such losses, claims, damages, liabilities or expenses arise
                  out of, or are based upon, any such untrue statement or
                  alleged untrue statement or omission or alleged omission based
                  upon information furnished in writing to the Company by such
                  Selling Holder or on such Selling Holder's behalf expressly
                  for use therein and (ii) no Selling Holder shall be liable for
                  any indemnification under this Section 8 in an aggregate
                  amount which exceeds the total net proceeds received by such
                  Selling Holder from such offering. In connection with any
                  underwritten offering of Restricted Stock registered pursuant
                  to this Agreement, each Selling Holder shall cause to be
                  included in any underwriting agreement with the underwriters
                  of such offering provisions indemnifying and providing for
                  contribution to such underwriters, their officers and
                  directors and each person who controls such underwriters on
                  substantially the same basis as the provisions of this Section
                  8 indemnifying and providing for contribution to the Company.

            (c)         Conduct of Indemnification Proceedings. If any action or
                  proceeding (including any governmental investigation) shall be
                  brought or asserted against any indemnified party hereunder in
                  respect of which indemnity may be sought from an indemnifying
                  party hereunder, such indemnifying party shall assume the
                  defense thereof, including the employment of counsel
                  reasonably satisfactory to such indemnified party, and shall
                  assume the payment of all expenses. Such indemnified party
                  shall have the right to employ separate counsel in any such
                  action and to participate in the defense thereof, but the fees
                  and expenses of such counsel shall be at the expenses of such
                  indemnified party unless (i) the indemnifying party has agreed
                  to pay such fees and expenses, (ii) the indemnifying party
                  shall have failed to assume the defense of such action or
                  proceeding and employ counsel reasonably satisfactory to such
                  indemnified party, or (iii) the named parties to any such
                  action or

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                  proceeding (including any impleaded parties) include both such
                  indemnified party and such indemnifying party, and such
                  indemnified party shall have been advised by counsel that
                  there may be one or more legal defenses available to such
                  indemnified party which are different from or additional to
                  those available to the indemnifying party (in which case, if
                  such indemnified party notifies the indemnifying party in
                  writing that it elects to employ separate counsel at the
                  expense of the indemnifying party, the indemnifying party
                  shall not have the right to assume the defense of such action
                  or proceeding on behalf of such indemnified party; it being
                  understood, however, that the indemnifying party shall not, in
                  connection with any one such action or proceeding or separate
                  but substantially similar or related actions or proceedings in
                  the same jurisdiction arising out of the same general
                  allegations or circumstances, be liable for the fees and
                  expenses of more than one separate firm of attorneys (together
                  with appropriate local counsel) at any time for such
                  indemnified party, which firm shall be designated in writing
                  by such indemnified party and reasonably satisfactory to the
                  indemnifying party). The indemnifying party shall not be
                  liable for any settlement of any such action or proceeding
                  effected without its written consent, but if settled with its
                  written consent, or if there is a final judgment for the
                  plaintiff in any such action or proceeding, the indemnifying
                  party shall indemnify and hold harmless the indemnified party
                  from and against any loss or liability (to the extent stated
                  above) by reason of such settlement or judgment.

            (d)         Contribution. If the indemnification provided for in
                  this Section 8 is unavailable to the Company or the Selling
                  Holders in respect of any losses, claims, damages, liabilities
                  or judgments referred to herein, then each such indemnifying
                  party, in lieu of indemnifying such indemnified party, shall
                  contribute to the amount paid or payable by such indemnified
                  party as a result of such losses, claims, damages, liabilities
                  and judgments in such proportion as is appropriate to reflect
                  the relative fault of each such party in connection with such
                  statements or omissions or alleged statements or

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                  omissions, as well as any other relevant equitable
                  considerations. The relative fault of each such party shall be
                  determined by reference to, among other things, whether the
                  untrue or alleged untrue statement of a material fact or the
                  omission or alleged omission to state a material fact relates
                  to information supplied by such party, and the parties'
                  relative intent, knowledge, access to information and
                  opportunity to correct or prevent such statement or omission.
                  The Company and the Selling Holders agree that it would not be
                  just and equitable if contribution pursuant to this Section
                  8(d) were determined by pro rata allocation or by any other
                  method of allocation which does not take account of the
                  equitable considerations referred to in the immediately
                  preceding paragraph. The amount paid or payable by an
                  indemnified party as a result of the losses, claims, damages,
                  liabilities or judgments referred to in the immediately
                  preceding paragraph shall be deemed to include, subject to the
                  limitations set forth above, any legal or other expenses
                  reasonably incurred by such indemnified party in connection
                  with investigation or defending any such action or claims.
                  Notwithstanding the provisions of this Section 8(d), no
                  Selling Holder shall be required to contribute an amount in
                  excess of the amount by which the total price at which the
                  Restricted Stock of such Selling Holder was offered to the
                  public exceeds the amount of any damages which such Selling
                  Holder has otherwise been required to pay by reason of such
                  untrue or alleged untrue statement or omission or alleged
                  omission. No person guilty of fraudulent misrepresentation
                  (within the meaning of Section 11(f) of the Securities Act)
                  shall be entitled to contribution from any person who is not
                  guilty of such fraudulent misrepresentation.

      9.          Reports Under Exchange Act. With a view to making available to
            the Holder the benefits of Rule 133 promulgated under the Securities
            Act and any other rule or regulation of the SEC that may at any time
            permit a Holder to sell securities of the Company to the public
            without registration or pursuant to a registration on Form S-3, the
            Company agrees to:

            (a)         Make and keep public information available, as those
                  terms are understood and defined in SEC

                                      15

<PAGE>

                  Rule 144, at all times after the effective date of the first
                  registration statement filed by the Company for the offering
                  of its securities to the general public so long as the Company
                  is subject to the periodic reporting requirements under
                  Sections 13 or 15(d) of the Exchange Act;

            (b)         File with the SEC in a timely manner all reports and
                  other documents required of the Company under the Securities
                  Act and the Exchange Act; and

            (c)         Furnish to any Holder, so long as the Holder owns shares
                  or other units of Restricted Stock, forthwith upon request (i)
                  a written statement by the Company that it has complied with
                  the reporting requirements of SEC Rule 144, the Securities Act
                  and the Exchange Act (at any time after it has become subject
                  to such reporting requirements), or that it qualifies as a
                  registrant whose securities may be resold pursuant to Form S-3
                  (at any time after it so qualifies), (ii) a copy of the most
                  recent annual or quarterly report of the Company, and (iii)
                  such other information as may be reasonably requested in
                  availing any Holder of any rule or regulation of the SEC which
                  permits the selling of any such securities without
                  registration or pursuant to such form.

      10.         Lock-Up Arrangements. In consideration of the covenants and
            agreements of the Company contained herein, each Holder agrees that,
            in connection with any offering by the Company of its securities,
            whether for the account of the Company, any Holder, or any other
            holder of securities of the Company, such Holder shall, with respect
            to any Restricted Stock then held by such Holder which is not
            included in such offering, execute a customary "lock-up" agreement
            reasonably requested by the Company or, if such offering is an
            underwritten offering, by the underwriters in such offering;
            provided that the period of such agreement shall not exceed 180 days
            after the initial sale of securities in such offering.

      11.         Limitations on Subsequent Registration Rights. The Company
            shall not, without the prior written consent of the Holders of a
            majority of the Restricted Stock then outstanding, enter into any
            agreement with any holder or prospective holder of any securities of
            the Company that would grant such holder or prospective holder
            registration rights that would reduce the amount

                                      16

<PAGE>

            of Restricted Stock a Holder may include in any registration by the
            Company.

      12.         Miscellaneous.

            (a)         Effectiveness. This Agreement shall become effective on
                  the date on which the purchase and sale of shares of Common
                  Stock pursuant to the Initial Public Offering first occurs.

            (b)         Successors and Assigns. This Agreement shall be binding
                  upon the parties hereto and their respective successors and
                  permitted assigns and shall inure to the benefit of the
                  parties hereto and their respective successors and permitted
                  assigns. This Agreement may not be assigned by the Company.
                  This Agreement may be assigned by a Holder to any of its
                  affiliates or to any other person who acquires from a Holder
                  at least 10% of the initial aggregate number of shares or
                  other units of Restricted Stock.

            (c)         No Third-Party Beneficiaries. Nothing expressed or
                  implied in this Agreement shall be construed to give any
                  person or entity other than the parties hereto any legal or
                  equitable rights hereunder.

            (d)         Entire Agreement. This Agreement constitutes the entire
                  agreement between the parties with respect to the subject
                  matter hereof.

            (e)         Amendment. This Agreement may not be amended except by
                  an instrument signed by the parties hereto.

            (f)         Waivers. Either party hereto may (i) extend the time for
                  the performance of any of the obligations or other act of the
                  other party, (ii) waive any inaccuracies in the
                  representations and warranties contained herein, or (iii)
                  waive compliance with any of the agreements contained herein.
                  No waiver of any term shall be construed as a waiver of the
                  same term, or a waiver of any other term, of this Agreement.
                  The failure of any party to assert any of its rights hereunder
                  will not constitute a waiver of any such rights.

                                       17

<PAGE>

            (g)         Severability. Whenever possible, each provision or
                  portion of any provision of this Agreement shall be
                  interpreted in such manner as to be effective and valid under
                  applicable law, but if any provision or portion of any
                  provision of this Agreement is held to be invalid, illegal or
                  unenforceable in any respect under any applicable law or rule
                  in any jurisdiction, such invalidity, illegality or
                  unenforceability shall not affect the validity, legality or
                  enforceability of any other provision or portion of any
                  provision in such jurisdiction, and this Agreement shall be
                  reformed, construed and enforced in such jurisdiction in such
                  manner as will effect as nearly as lawfully possible the
                  purpose and intent of such invalid, illegal or unenforceable
                  provision.

            (h)         Headings. Section headings in this Agreement are
                  included herein for convenience of reference only and shall
                  not constitute a part of this Agreement for any other purpose.

            (i)         Notices. All notices given in connection with this
                  Agreement shall be in writing. Service of such notices shall
                  be deemed complete (i) if hand delivered, on the date of
                  delivery, (ii) if by telecopier, upon receipt of oral or
                  written confirmation that such transmission has been received,
                  (iii) if by mail, on the sixth business day following the day
                  of deposit in the United States mail, by certified or
                  registered mail, first-class postage prepaid, or (iv) if sent
                  by FedEx or equivalent courier service, on the next business
                  day. Such notices shall be addressed to the parties at the
                  following addresses or at such other address for a party as
                  shall be specified by like notice (except that notices of
                  change of address shall be effective upon receipt):

                  If to Holder:       Alon Israel Oil Company Ltd.
                                      Europark (France Building)
                                      Kibbutz Yakum 60972
                                      Israel
                                      Attn: David Wiessman
                                      Facsimile No.: 011-972-9-951-4345

                                      18

<PAGE>

                  If to the Company:  Alon USA Energy, Inc.
                                      7616 LBJ Freeway
                                      Suite 300
                                      Dallas, TX 75251
                                      Attn: General Counsel
                                      Facsimile No.: (972) 367-3728

            (j)         Governing Law. This Agreement shall be governed by, and
                  construed in accordance with, the law of the State of
                  Delaware, without giving effect to the principles of conflict
                  of laws of such State.

            (k)         Counterparts. This Agreement may be executed in
                  counterparts, each of which shall be an original, but all of
                  which together shall constitute but one and the same
                  instrument.

                                      19

<PAGE>

      IN WITNESS WHEREOF, the Company and the Holder have caused this Agreement
to be executed on the date first above written.

                                                ALON USA ENERGY, INC.

                                                By: ____________________________

                                                    Name:

                                                    Title:

                                                ALON ISRAEL OIL COMPANY LTD.

                                                By: ____________________________

                                                    Name:

                                                    Title:

                                      20<PAGE>

                                                                 EXHIBIT 10.26.1

             AMENDMENT TO EXECUTIVE/MANAGEMENT EMPLOYMENT AGREEMENT

This Amendment is made as of October 1, 2003 by and among Alon USA GP, LLC
("Employer") and Harlin R. Dean ("Executive").

Whereas, the Employer and Executive entered into that certain
Executive/Management Employment Agreement dated as of October 1, 2002 (the
"Employment Agreement"); and

Whereas, it is necessary to amend the Employment Agreement to revise the base
salary and target bonus amount of the Executive to compensate for additional
provisions related to the title and capacity of the Executive.

Now therefore, the parties agree as follows:

1.       Base Compensation as set forth in Section 2(a) of the Employment
         Agreement, shall be $245,000 per year.

2.       Target Bonus Amount as set forth in Section 2(b) of the Employment
         Agreement, shall be sixty five percent (65%) of base compensation.

3.       Except as set forth in this Amendment, nothing contained herein is
         intended to modify or otherwise affect the terms and conditions of the
         Employment Agreement which shall remain in full force and effect.

In witness whereof, the parties have caused this Amendment to be executed and
delivered as of the date first written above.

                                         Alon USA GP, LLC

                                         By:   /s/ Jeff D. Morris
                                               ---------------------------------

                                         Name:
                                               ---------------------------------

                                         Executive: /s/ Harlin R. Dean
                                                    ----------------------------

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