Document:

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                                                                    Exhibit 10.2

                            INDEMNIFICATION AGREEMENT

     This Indemnification Agreement (this "Agreement"), is made and entered into
as of the 21st day of April, 2003 by and between Syntroleum Corporation, a
Delaware corporation (the "Corporation"), and J. Mark Landrum ("Indemnitee").

                                   WITNESSETH:
                                   -----------

     WHEREAS, Indemnitee is currently serving or is about to begin serving as a
director and/or officer of the Corporation and/or in another Corporate Status,
and Indemnitee is willing, subject to, among other things, the Corporation's
execution and performance of this Agreement, to continue in or assume such
capacity or capacities; and

     WHEREAS, the Bylaws of the Corporation provide that the Corporation shall
indemnify directors and officers of the Corporation in the manner set forth
therein; and

     WHEREAS, the Corporation and Indemnitee desire to enter into this Agreement
to induce Indemnitee to provide services as contemplated hereby and the
Corporation has deemed it to be in its best interest to enter into this
Agreement with Indemnitee.

     NOW, THEREFORE, in consideration of Indemnitee's agreement to provide
services to the Corporation and/or certain of its affiliates as contemplated by
this Agreement, the mutual agreements contained herein and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties agree as follows.

                             1. Certain Definitions
                                -------------------

     As used herein, the following words and terms shall have the following
respective meanings (whether singular or plural):

     "Change of Control" means a change in control of the Corporation after the
date Indemnitee acquired his Corporate Status, which shall be deemed to have
occurred in any one of the following circumstances occurring after such date:
(i) there shall have occurred an event required to be reported with respect to
the Corporation in response to Item 6(e) of Schedule 14A of Regulation 14A (or
in response to any similar item or any similar schedule or form) promulgated
under the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
whether or not the Corporation is then subject to such reporting requirement;
(ii) any "person" (as such term is used in Sections 13(d) and 14(d) of the
Exchange Act) shall have become the "beneficial owner" (as defined in Rule 13d-3
under the Exchange Act), directly or indirectly, of securities of the
Corporation representing 40% or more of the combined voting power of the
Corporation's then outstanding voting securities without prior approval of at
least two-thirds of

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            Syntroleum Amended and Restated Indemnification Agreement
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                                  CONFIDENTIAL

the members of the Board of Directors in office immediately prior to such person
attaining such percentage interest; (iii) the Corporation is a party to a
merger, consolidation, sale of assets or other reorganization, or a proxy
contest, as a consequence of which members of the Board of Directors in office
immediately prior to such transaction or event constitute less than a majority
of the Board of Directors thereafter; or (iv) during any period of two
consecutive years, individuals who at the beginning of such period constituted
the Board of Directors (including, for this purpose, any new director whose
election or nomination for election by the Corporation's shareholders was
approved by a vote of at least two-thirds of the directors then still in office
who were directors at the beginning of such period) cease for any reason to
constitute at least a majority of the Board of Directors.

     "Corporate Status" describes the status of Indemnitee as a director,
officer, employee, agent or fiduciary of the Corporation or of any other
corporation, partnership, limited liability company, association, joint venture,
trust, employee benefit plan or other enterprise that Indemnitee is or was
serving at the request of the Corporation.

     "Court" means the District Court of Tulsa County of the State of Oklahoma
or any other court of competent jurisdiction.

     "DGCL" means the Delaware General Corporation Law, as amended from time to
time.

     "Expenses" shall include all reasonable attorneys' fees, retainers, court
costs, transcript costs, fees of experts, witness fees, travel expenses,
duplicating costs, printing and binding costs, telephone charges, postage,
delivery service fees, and all other disbursements or expenses of the types
customarily incurred in connection with prosecuting, defending, preparing to
prosecute or defend, investigating, or being or preparing to be a witness in a
Proceeding.

     "Independent Counsel" means a law firm, or a member of a law firm, that is
experienced in matters of corporation law and neither presently is, nor in the
five years previous to his selection or appointment has been, retained to
represent: (i) the Corporation or Indemnitee in any matter material to either
such party or (ii) any other party to the Proceeding giving rise to a claim for
indemnification hereunder.

     "Matter" is a claim, a material issue or a substantial request for relief.

     "Proceeding" includes any action, suit, arbitration, alternate dispute
resolution mechanism, investigation, administrative hearing or any other
proceeding, whether civil, criminal, administrative or investigative, except one
initiated by Indemnitee pursuant to Section 6.01 of this Agreement to enforce
his rights under this Agreement.

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            Syntroleum Amended and Restated Indemnification Agreement
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                                  CONFIDENTIAL

                            2. Services by Indemnitee
                               ----------------------

2.01  Services by Indemnitee. Indemnitee agrees to serve or continue to serve in
      his current capacity or capacities as a director, officer, employee, agent
      or fiduciary of the Corporation. Indemnitee also agrees to serve, as the
      Corporation may request from time to time, as a director, officer,
      employee, agent or fiduciary of any other corporation, partnership,
      limited liability company, association, joint venture, trust or other
      enterprise in which the Corporation has an interest. Indemnitee and the
      Corporation each acknowledge that they have entered into this Agreement as
      a means of inducing Indemnitee to serve the Corporation in such
      capacities.

2.02  Termination of Services. Indemnitee may at any time and for any reason
      resign from such position or positions (subject to any other contractual
      obligation or any obligation imposed by operation of law). The Corporation
      shall have no obligation under this Agreement to continue Indemnitee in
      any such position for any period of time and shall not be precluded by the
      provisions of this Agreement from removing or terminating Indemnitee from
      any such position at any time.

                               3. Indemnification
                                  ---------------

3.01  General. The Corporation shall, to the fullest extent permitted by
      applicable law in effect on the date hereof, and to such greater extent as
      applicable law may thereafter permit, indemnify and hold Indemnitee
      harmless from and against any and all losses, liabilities, claims, damages
      and, subject to Section 3.02, Expenses (as this and all other capitalized
      words are defined in Article 1. of this Agreement), whatsoever arising out
      of any event or occurrence related to the fact that Indemnitee is or was a
      director or officer of the Corporation or is or was serving in another
      Corporate Status.

3.02  Expenses. If Indemnitee is, by reason of his Corporate Status, a party to
      and is successful, on the merits or otherwise, in any Proceeding, he shall
      be indemnified against all Expenses actually and reasonably incurred by
      him or on his behalf in connection therewith. If Indemnitee is not wholly
      successful in such Proceeding but is successful, on the merits or
      otherwise, as to any Matter in such Proceeding, the Corporation shall
      indemnify Indemnitee against all Expenses actually and reasonably incurred
      by him or on his behalf relating to such Matter. The termination of any
      Matter in such a Proceeding by dismissal, with or without prejudice, shall
      be deemed to be a successful result as to such Matter. To the extent that
      the Indemnitee is, by reason of his Corporate Status, a witness in any
      Proceeding, he shall be indemnified against all Expenses actually and
      reasonably incurred by him or on his behalf in connection therewith.

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            Syntroleum Amended and Restated Indemnification Agreement
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                                  CONFIDENTIAL

                           4. Advancement of Expenses
                              -----------------------

4.01  Advances. In the event of any threatened or pending action, suit or
      proceeding in which Indemnitee is a party or is involved and that may give
      rise to a right of indemnification under this Agreement, following written
      request to the Corporation by Indemnitee, the Corporation shall promptly
      pay to Indemnitee amounts to cover expenses reasonably incurred by
      Indemnitee in such proceeding in advance of its final disposition upon the
      receipt by the Corporation of (i) a written undertaking executed by or on
      behalf of Indemnitee providing that Indemnitee will repay the advance if
      it shall ultimately be determined that Indemnitee is not entitled to be
      indemnified by the Corporation as provided in this Agreement and (ii)
      satisfactory evidence as to the amount of such expenses.

4.02  Repayment of Advances or Other Expenses. Indemnitee agrees that Indemnitee
      shall reimburse the Corporation for all expenses paid by the Corporation
      in defending any civil, criminal, administrative or investigative action,
      suit or proceeding against Indemnitee in the event and only to the extent
      that it shall be determined pursuant to the provisions of this Agreement
      or by final judgment or other final adjudication under the provisions of
      any applicable law that Indemnitee is not entitled to be indemnified by
      the Corporation for such expenses.

        5. Procedure for Determination of Entitlement to Indemnification
           -------------------------------------------------------------

5.01  Request for Indemnification. To obtain indemnification, Indemnitee shall
      submit to the Secretary of the Corporation a written claim or request.
      Such written claim or request shall contain sufficient information to
      reasonably inform the Corporation about the nature and extent of the
      indemnification or advance sought by Indemnitee. The Secretary of the
      Corporation shall promptly advise the Board of Directors of such request.

5.02  Determination of Entitlement; No Change of Control. If there has been no
      Change of Control at the time the request for indemnification is
      submitted, Indemnitee's entitlement to indemnification shall be determined
      in accordance with Section 145(d) of the DGCL. If entitlement to
      indemnification is to be determined by Independent Counsel, the
      Corporation shall furnish notice to Indemnitee within 10 days after
      receipt of the request for indemnification, specifying the identity and
      address of Independent Counsel. The Indemnitee may, within 14 days after
      receipt of such written notice of selection, deliver to the Corporation a
      written objection to such selection. Such objection may be asserted only
      on the ground that the Independent Counsel so selected does not meet the
      requirements of Independent Counsel and the objection shall set forth with
      particularity the factual basis for such assertion. If there is an
      objection to the selection of Independent Counsel, either the Corporation
      or Indemnitee may petition the Court for a determination that the
      objection is without a reasonable basis and/or for the appointment of
      Independent Counsel selected by the Court.

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            Syntroleum Amended and Restated Indemnification Agreement
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                                  CONFIDENTIAL

5.03  Determination of Entitlement; Change of Control. If there has been a
      Change of Control at the time the request for indemnification is
      submitted, Indemnitee's entitlement to indemnification shall be determined
      in a written opinion by Independent Counsel selected by Indemnitee.
      Indemnitee shall give the Corporation written notice advising of the
      identity and address of the Independent Counsel so selected. The
      Corporation may, within seven days after receipt of such written notice of
      selection, deliver to the Indemnitee a written objection to such
      selection. Indemnitee may, within five days after the receipt of such
      objection from the Corporation, submit the name of another Independent
      Counsel and the Corporation may, within seven days after receipt of such
      written notice of selection, deliver to the Indemnitee a written objection
      to such selection. Any objections referred to in this Section 5.03 may be
      asserted only on the ground that the Independent Counsel so selected does
      not meet the requirements of Independent Counsel and such objection shall
      set forth with particularity the factual basis for such assertion.
      Indemnitee may petition the Court for a determination that the
      Corporation's objection to the first and/or second selection of
      Independent Counsel is without a reasonable basis and/or for the
      appointment as Independent Counsel of a person selected by the Court.

5.04  Procedures of Independent Counsel. If a Change of Control shall have
      occurred before the request for indemnification is sent by Indemnitee,
      Indemnitee shall be presumed (except as otherwise expressly provided in
      this Agreement) to be entitled to indemnification upon submission of a
      request for indemnification in accordance with Section 5.01 of this
      Agreement, and thereafter the Corporation shall have the burden of proof
      to overcome the presumption in reaching a determination contrary to the
      presumption. The presumption shall be used by Independent Counsel as a
      basis for a determination of entitlement to indemnification unless the
      Corporation provides information sufficient to overcome such presumption
      by clear and convincing evidence or the investigation, review and analysis
      of Independent Counsel convinces him by clear and convincing evidence that
      the presumption should not apply.

      Except in the event that the determination of entitlement to
      indemnification is to be made by Independent Counsel, if the person or
      persons empowered under Section 5.02 or 5.03 of this Agreement to
      determine entitlement to indemnification shall not have made and furnished
      to Indemnitee in writing a determination within 60 days after receipt by
      the Corporation of the request therefor, the requisite determination of
      entitlement to indemnification shall be deemed to have been made and
      Indemnitee shall be entitled to such indemnification unless Indemnitee
      knowingly misrepresented a material fact in connection with the request
      for indemnification or such indemnification is prohibited by applicable
      law. The termination of any Proceeding or of any Matter therein, by
      judgment, order, settlement or conviction, or upon a plea of nolo
      contendere or its equivalent, shall not (except as otherwise expressly
      provided in this Agreement) of itself adversely affect the right of
      Indemnitee to indemnification or create a presumption that Indemnitee did
      not act in good faith and in a manner that he reasonably believed to be in
      or not opposed to

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            Syntroleum Amended and Restated Indemnification Agreement
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                                  CONFIDENTIAL

      the best interests of the Corporation, or with respect to any criminal
      Proceeding, that Indemnitee had reasonable cause to believe that his
      conduct was unlawful. A person who acted in good faith and in a manner he
      reasonably believed to be in the interest of the participants and
      beneficiaries of an employee benefit plan of the Corporation shall be
      deemed to have acted in a manner not opposed to the best interests of the
      Corporation.

      For purposes of any determination hereunder, a person shall be deemed to
      have acted in good faith and in a manner he reasonably believed to be in
      or not opposed to the best interests of the Corporation, or, with respect
      to any criminal action or Proceeding, to have had no reasonable cause to
      believe his conduct was unlawful, if his action is based on the records or
      books of account of the Corporation or another enterprise or on
      information supplied to him by the officers of the Corporation or another
      enterprise in the course of their duties or on the advice of legal counsel
      for the Corporation or another enterprise or on information or records
      given or reports made to the Corporation or another enterprise by an
      independent certified public accountant or by an appraiser or other expert
      selected with reasonable care by the Corporation or another enterprise.
      The term "another enterprise" as used in this Section shall mean any other
      corporation or any partnership, limited liability company, association,
      joint venture, trust, employee benefit plan or other enterprise of which
      such person is or was serving at the request of the Corporation as a
      director, officer, employee or agent. The provisions of this paragraph
      shall not be deemed to be exclusive or to limit in any way the
      circumstances in which an Indemnitee may be deemed to have met the
      applicable standards of conduct for determining entitlement to rights
      under this Agreement.

5.05  Independent Counsel Expenses. The Corporation shall pay any and all
      reasonable fees and expenses of Independent Counsel incurred acting
      pursuant to this Article 5. and in any proceeding to which it is a party
      or witness in respect of its investigation and written report and shall
      pay all reasonable fees and expenses incident to the procedures in which
      such Independent Counsel was selected or appointed. No Independent Counsel
      may serve if a timely objection has been made to his selection until a
      Court has determined that such objection is without a reasonable basis.

                        6. Certain Remedies of Indemnitee
                           ------------------------------

6.01  Adjudication. In the event that (i) a determination is made pursuant to
      Section 5.02 or 5.03 hereof that Indemnitee is not entitled to
      indemnification under this Agreement; (ii) advancement of Expenses is not
      timely made pursuant to Section 4.01 of this Agreement; (iii) Independent
      Counsel has not made and delivered a written opinion determining the
      request for indemnification (a) within 90 days after being appointed by
      the Court, or (b) within 90 days after objections to his selection have
      been overruled by the Court or (c) within 90 days after the time for the
      Corporation or Indemnitee to object to his selection; or (iv) payment of
      indemnification is not made within five days after a determination of
      entitlement to indemnification has been made or deemed to have been

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                                  CONFIDENTIAL

      made pursuant to Section 5.02, 5.03 or 5.04 of this Agreement, Indemnitee
      shall be entitled to an adjudication in the Court, or in any other court
      of competent jurisdiction, of his entitlement to such indemnification or
      advancement of Expenses. In the event that a determination shall have been
      made that Indemnitee is not entitled to indemnification, any judicial
      proceeding or arbitration commenced pursuant to this Section 6.01 shall be
      conducted in all respects as a de novo trial on the merits and Indemnitee
      shall not be prejudiced by reason of that adverse determination. If a
      Change of Control shall have occurred, in any judicial proceeding
      commenced pursuant to this Section 6.01, the Corporation shall have the
      burden of proving that Indemnitee is not entitled to indemnification or
      advancement of Expenses, as the case may be. If a determination shall have
      been made or deemed to have been made that Indemnitee is entitled to
      indemnification, the Corporation shall be bound by such determination in
      any judicial proceeding commenced pursuant to this Section 6.01, or
      otherwise, unless Indemnitee knowingly misrepresented a material fact in
      connection with the request for indemnification, or such indemnification
      is prohibited by law.

      The Corporation shall be precluded from asserting in any judicial
      proceeding commenced pursuant to this Section 6.01 that the procedures and
      presumptions of this Agreement are not valid, binding and enforceable, and
      shall stipulate in any such proceeding that the Corporation is bound by
      all provisions of this Agreement. In the event that Indemnitee, pursuant
      to this Section 6.01, seeks a judicial adjudication to enforce his rights
      under, or to recover damages for breach of, this Agreement, Indemnitee
      shall be entitled to recover from the Corporation, and shall be
      indemnified by the Corporation against, any and all Expenses actually and
      reasonably incurred by him in such judicial adjudication, but only if he
      prevails therein. If it shall be determined in such judicial adjudication
      that Indemnitee is entitled to receive part but not all of the
      indemnification or advancement of Expenses sought, the Expenses incurred
      by Indemnitee in connection with such judicial adjudication or arbitration
      shall be appropriately prorated.

                       7. Participation by the Corporation
                          --------------------------------

7.01  Participation by the Corporation. With respect to any such claim, action,
      suit, proceeding or investigation as to which Indemnitee notifies the
      Corporation of the commencement thereof: (a) the Corporation will be
      entitled to participate therein at its own expense; (b) except as
      otherwise provided below, to the extent that it may wish, the Corporation
      (jointly with any other indemnifying party similarly notified) will be
      entitled to assume the defense thereof, with counsel reasonably
      satisfactory to Indemnitee. After receipt of notice from the Corporation
      to Indemnitee of the Corporation's election so to assume the defense
      thereof, the Corporation will not be liable to Indemnitee under this
      Agreement for any legal or other expenses subsequently incurred by
      Indemnitee in connection with the defense thereof other than reasonable
      costs of investigation or as otherwise provided below. Indemnitee shall
      have the right to employ his own counsel in such action, suit, proceeding
      or investigation but the fees and expenses of such counsel

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                                  CONFIDENTIAL

      incurred after notice from the Corporation of its assumption of the
      defense thereof shall be at the expense of Indemnitee unless (i) the
      employment of counsel by Indemnitee has been authorized by the
      Corporation, (ii) Indemnitee shall have reasonably concluded that there is
      a conflict of interest between the Corporation and Indemnitee in the
      conduct of the defense of such action or (iii) the Corporation shall not
      in fact have employed counsel to assume the defense of such action, in
      each of which cases the fees and expenses of counsel employed by
      Indemnitee shall be subject to indemnification pursuant to the terms of
      this Agreement (the Corporation shall not be entitled to assume the
      defense of any action, suit, proceeding or investigation brought in the
      name of or on behalf of the Corporation or as to which Indemnitee shall
      have made the conclusion provided for in (ii) above); and (c) the
      Corporation shall not be liable to indemnify Indemnitee under this
      Agreement for any amounts paid in settlement of any action or claim
      effected without its written consent, which consent shall not be
      unreasonably withheld. The Corporation shall not settle any action or
      claim in any manner that would impose any limitation or unindemnified
      penalty on Indemnitee without Indemnitee's written consent, which consent
      shall not be unreasonably withheld.

                                8. Miscellaneous
                                   -------------

8.01  Nonexclusivity of Rights. The rights of indemnification and advancement of
      Expenses as provided by this Agreement shall not be deemed exclusive of
      any other rights to which Indemnitee may at any time be entitled to under
      applicable law, the Corporation's Certificate of Incorporation, the
      Corporation's Bylaws, any agreement, a vote of shareholders or a
      resolution of directors, or otherwise. No amendment, alteration or repeal
      of this Agreement or any provision hereof shall be effective as to
      Indemnitee for acts, events and circumstances that occurred, in whole or
      in part, before such amendment, alteration or repeal. The provisions of
      this Agreement shall continue as to Indemnitee whose Corporate Status has
      ceased for any reason and shall inure to the benefit of his heirs,
      executors and administrators.

8.02  Insurance and Subrogation. The Corporation shall not be liable under this
      Agreement to make any payment of amounts otherwise indemnifiable hereunder
      if, but only to the extent that, Indemnitee has otherwise actually
      received such payment under any insurance policy, contract, agreement or
      otherwise. In the event of any payment hereunder, the Corporation shall be
      subrogated to the extent of such payment to all the rights of recovery of
      Indemnitee, who shall execute all papers required and take all action
      reasonably requested by the Corporation to secure such rights, including
      execution of such documents as are necessary to enable the Corporation to
      bring suit to enforce such rights.

8.03  Acknowledgment of Certain Matters. Both the Corporation and Indemnitee
      acknowledge that in certain instances, applicable law or public policy may
      prohibit indemnification of Indemnitee by the Corporation under this
      Agreement or otherwise. Indemnitee understands and acknowledges that the
      Corporation has undertaken or may be

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                                  CONFIDENTIAL

      required in the future to undertake, by the Securities and Exchange
      Commission, to submit the question of indemnification to a court in
      certain circumstances for a determination of the Corporation's right under
      public policy to indemnify Indemnitee.

8.04  Amendment. This Agreement may not be modified or amended except by a
      written instrument executed by or on behalf of each of the parties hereto.

8.05  Waivers. The observance of any term of this Agreement may be waived
      (either generally or in a particular instance and either retroactively or
      prospectively) by the party entitled to enforce such term only by a
      writing signed by the party against which such waiver is to be asserted.
      Unless otherwise expressly provided herein, no delay on the part of any
      party hereto in exercising any right, power or privilege hereunder shall
      operate as a waiver thereof, nor shall any waiver on the part of any party
      hereto of any right, power or privilege hereunder operate as a waiver of
      any other right, power or privilege hereunder nor shall any single or
      partial exercise of any right, power or privilege hereunder preclude any
      other or further exercise thereof or the exercise of any other right,
      power or privilege hereunder.

8.06  Entire Agreement. This Agreement and the documents referred to herein
      constitute the entire agreement between the parties hereto with respect to
      the matters covered hereby, and any other prior or contemporaneous oral or
      written understandings or agreements with respect to the matters covered
      hereby are superseded by this Agreement.

8.07  Severability. If any provision or provisions of this Agreement shall be
      held to be invalid, illegal or unenforceable for any reason whatsoever,
      the validity, legality and enforceability of the remaining provisions
      shall not in any way be affected or impaired thereby; and, to the fullest
      extent possible, the provisions of this Agreement shall be construed so as
      to give effect to the intent manifested by the provision held invalid,
      illegal or unenforceable.

8.08  Certain Actions For Which Indemnification Is Not Provided. Notwithstanding
      any other provision of this Agreement, Indemnitee shall not be entitled to
      indemnification or advancement of Expenses under this Agreement with
      respect to any Proceeding, or any Matter therein, brought or made by
      Indemnitee against the Corporation.

8.09  Notices. Promptly after receipt by Indemnitee of notice of the
      commencement of any action, suit or proceeding, Indemnitee shall, if he
      anticipates or contemplates making a claim for expenses or an advance
      pursuant to the terms of this Agreement, notify the Corporation of the
      commencement of such action, suit or proceeding; provided, however, that
      any delay in so notifying the Corporation shall not constitute a waiver or
      release by Indemnitee of rights hereunder and that any omission by
      Indemnitee to so notify the Corporation shall not relieve the Corporation
      from any liability that it may have to Indemnitee otherwise than under
      this Agreement. Any communication required or permitted to the Corporation
      shall be addressed to the Secretary of the Corporation and

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                                  CONFIDENTIAL

      any such communication to Indemnitee shall be addressed to the
      Indemnitee's address as shown on the Corporation's records unless the
      Indemnitee specifies otherwise and shall be personally delivered or
      delivered by overnight mail delivery. Any such notice shall be effective
      upon receipt.

8.10  Governing Law. This Agreement shall be construed in accordance with and
      governed by the laws of the State of Delaware without regard to any
      principles of conflict of laws that, if applied, might permit or require
      the application of the laws of a different jurisdiction.

8.11  Headings. The Article and Section headings in this Agreement are for
      convenience of reference only, and shall not be deemed to alter or affect
      the meaning or interpretation of any provisions hereof.

8.12  Counterparts. This Agreement may be executed in counterparts, each of
      which shall be deemed to be an original and all of which together shall be
      deemed to be one and the same instrument.

8.13  Use of Certain Terms. As used in this Agreement, the words "herein,"
      "hereof," and "hereunder" and other words of similar import refer to this
      Agreement as a whole and not to any particular paragraph, subparagraph,
      section, subsection, or other subdivision. Whenever the context may
      require, any pronoun used in this Agreement shall include the
      corresponding masculine, feminine or neuter forms, and the singular form
      of nouns, pronouns and verbs shall include the plural and vice versa.

      IN WITNESS WHEREOF, this Agreement has been duly executed and delivered to
be effective as of the date first above written.

                                          Syntroleum Corporation

                                          By:         /s/ John B. Holmes
                                             -----------------------------------
                                             John B. Holmes, Jr., President/COO

                                          INDEMNITEE

                                          By:       /s/ J. Mark Landrum
                                             -----------------------------------
                                                      J. Mark Landrum

                                       10<PAGE>

                                                                    Exhibit 10.3

                              Employment Agreement
                                  CONFIDENTIAL

     THIS EMPLOYMENT AGREEMENT (the "Agreement") is made and entered into on the
_____ day of July 20, 1998 by and between Syntroleum Corporation, an Oklahoma
corporation (the "Company"), and J. Mark Landrum, an individual (the
"Employee").

     WHEREAS, the Company desires to enter into an employment relationship with
Employee and Employee is willing to accept such employment on the terms and
conditions set forth herein.

     NOW, THEREFORE, in consideration of the mutual covenants and agreements
hereinafter contained, the Company and Employee hereby agree as follows.

     1.   Employment and Duties. The Company employs Employee in the capacity of
Process Engineer, or in such other position and at such location as the Company
may direct or desire and Employee hereby accepts such employment, on the terms
and conditions hereinafter set forth. Employee agrees to perform such services
and duties (including reasonable travel)and hold such offices at such locations
as may be reasonably assigned to him from time to time by the Company and to
devote substantially his full business time, energies and best efforts to the
performance thereof to the exclusion of all other business activities, except
any activities disclosed to the Company in advance and consented to by the
Company.

     2.   Compensation. As compensation for the services to be rendered by
Employee to the Company pursuant to this Agreement, Employee shall
be paid the following compensation and other benefits.

     (a)  Salary in the amount of $88,000.00 per year, payable in equal
bi-monthly installments in arrears, or such higher compensation as may be
established by the Company from time to time. Payments of salary shall be made
in accordance with the Company's usual payroll procedures.

     (b)  Employee shall be eligible to participate, to the extent he may be
eligible, in any group medical and hospitalization, profit sharing, retirement,
life insurance or other employee benefit plans which the Company may from time
to time offer to its employees. All group insurance provided to Employee shall
be in such form and provide such coverage as is provided to other employees of
the Company.

     (c)  All compensation payments to Employee shall be made subject to normal
deductions therefrom, including federal and state social security and
withholding taxes.

     3.   Life Insurance. The Company, in its discretion, may apply for and
procure in its own name and for its own benefit, life insurance on the life of
Employee in any amount or amounts considered advisable by the Company. Employee
shall submit to any medical or other examination and execute and deliver any
application or other instrument in writing, reasonably necessary for the Company
to acquire such insurance.

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                        Syntroleum - Employment Agreement
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                                  CONFIDENTIAL

     4.   Expenses. The Company shall reimburse Employee for his actual
out-of-pocket expenses incurred in carrying out his duties hereunder in the
conduct of the Company's business, which expenses shall be limited to ordinary
and necessary items and which shall be supported by vouchers, receipts or
similar documentation submitted in accordance with the Company's expense
reimburse policy and as required by law.

     5.   Vacations and Leave. Employee shall be entitled to vacation and leave
in accordance with the Company's policies in effect from time
to time.

     6.   Non-Disclosure of Confidential Information.

     (a)  Employee acknowledges that in and as a result of his employment by the
Company, he will be making use of, acquiring, and/or adding to the Company's
Trade Secret Information. Except as required in the performance of Employee's
duties under this Agreement, Employee will not use any Trade Secret Information
of the Company for Employee's own benefit or purposes or disclose to third
parties, directly or indirectly, any Trade Secret Information of the Company,
either during or after Employee's employment with the Company.

     (b)  As used in this Agreement, "Trade Secret Information" means
information, including any formula, pattern, compilation, program, device,
method, technique or process, that: (i) derives independent economic value,
actual or potential, from not being generally known to, and not being readily
ascertainable by proper means by other persons who can obtain economic value
from its disclosure or use, and (ii) is the subject of efforts that are
reasonable under the circumstances to maintain its secrecy. For purposes of this
Agreement, "Trade Secret Information" includes both information disclosed to
Employee by the Company and information developed by Employee in the course of
his employment with the Company. The types and categories of information which
the Company considers to be its Trade Secret Information include, without
limitation: (a) specifications, descriptions, designs, dimensions, content
(including chemical composition) and tolerances of products, parts and
components; (b) plans, blueprints, design packages construction, part and
assembly drawings and diagrams; (c) design, construction and component costs and
cost estimates; (d) the existence, terms or conditions of any agreements
(including license agreements) between the Company and any third party; (e)
computer programs (whether in the form of source code, object code or any other
form, including software, firmware and programmable array logic), formulas,
algorithms, methods, techniques, processes, designs, specifications, diagrams,
flow charts, manuals, descriptions, instructions, explanations, improvements,
and the ideas, systems and methods of operation contained in such programs; (f)
information concerning or resulting from research and development work performed
by Syntroleum; (g) information concerning Syntroleum's management, financial
condition, financial operations, purchasing activities, sales activities,
marketing activities and business plans; (h) information acquired or compiled by
Syntroleum concerning actual or potential customers; and (i) all other types and
categories of information (in whatever form) with respect to which, under all
the

                                       2

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                                  CONFIDENTIAL

circumstances, Employee knows or has reason to know that Syntroleum intends or
expects secrecy to be maintained and as to which Syntroleum has made reasonable
efforts to maintain its secrecy.

     (c)  The Company may also advise Employee from time to time as to
restrictions upon the use or disclosure of specified information which has been
licensed or otherwise disclosed to the Company by third parties pursuant to
license or confidential disclosure agreements which contain restrictions upon
the use or disclosure of such information. Employee agrees to abide by the
restrictions upon use and/or disclosure contained in such agreements.

     (d)  Employee has not and will not use or disclose to the Company any
confidential or proprietary information belonging to others without the written
consent of the person to whom such information is confidential, and Employee
represents that his employment with the Company will not require the use of such
information or the violation of any confidential relationship with any third
party.

     7.   Other Property of the Company. All documents, encoded media, and other
tangible items provided to Employee by the Company or prepared, generated or
created by Employee or others in connection with any business activity of the
Company are the property of the Company. Upon termination of Employee's
employment with the Company, Employee will promptly deliver to the Company all
such documents, media and other items in his possession, including all complete
or partial copies, recordings, abstracts, notes or reproductions of any kind
made from or about such documents, media, items or information contained
therein. Employee will neither have nor claim any right, title or interest in
any trademark, service mark or trade name owned or used by the Company.

     8.   Inventions and Works of Authorship.

     (a)  Employee agrees to assign and hereby irrevocably assigns to the
Company all of Employee's right, title and interest in and to any and all
Inventions and Works of Authorship made, generated or conceived by Employee
during the period of his employment with the Company, and Employee agrees to and
shall promptly disclose all such Inventions and Works of Authorship to the
Company in writing. As used herein, "Invention" means any discovery,
improvement, innovation, idea, formula, or shop right (whether or not
patentable, whether or not put into writing and whether or not put into
practice) made, generated or conceived by Employee (whether alone or with
others) while employed by the Company. As used herein, "Work of Authorship"
means any original work of authorship within the purview of the copyright laws
of the United States of America, and both the Company and Employee intend and
agree that all Works of Authorship created by Employee in the course of his
employment with the Company will be and shall constitute works made for hire
within the meaning and purview of such copyright laws.

     (b)  Employee will execute and assign any and all applications,
assignments, and other documents and will render all assistance which may be
reasonably necessary for the Company to obtain patent, copyright, or any other
form of intellectual property protection with respect to all

                                       3

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                                  CONFIDENTIAL

Inventions and Works of Authorship in all countries and will cooperate with
Syntroleum as reasonable necessary to enforce any such intellectual property
protection. The Company will pay Employee $200 for each patent issued to the
Company upon which Employee's name appears as an inventor. For purposes of this
Agreement, any Invention relating directly to the business of the Company or to
the Company's actual or demonstrably anticipated business, research or
development with respect to which Employee files a patent application within two
years after termination of employment with the Company shall be presumed to be
an Invention conceived by Employee during the period of his employment with the
Company, rebuttable only by accurate, written and duly corroborated evidence
that such Invention was not first conceived by Employee during the term of his
employment with the Company.

     (c)  The provisions of this Paragraph 8 do not apply to an invention for
which no equipment, supplies, facility or Trade Secret Information of the
Company was used and which was developed entirely on Employee's own time, and
(i) which does not relate (A) directly to the business research or development
of the Company, or (B) to the Company's actual or demonstrably anticipated
business, research or development, or (ii) which does not result from any work
performed by Employee for the Company. A reasonable determination of the
applicability of this Paragraph 8(a) to an Employee's invention shall be made by
Syntroleum after the Employee submits notification in writing of the invention.
Said notice shall include adequate detail for Syntroleum to evaluate the
invention.

     9.   Limited Covenants Against Competition; Non-Solicitation.

     (a)  Employee acknowledges that the services he is to render to the Company
are of a special and unusual character with a unique value to the Company, the
loss of which cannot adequately be compensated by damages in an action at law.
In view of the unique value to the Company of the services of Employee and
because of the confidential Trade Secret Information to be obtained by or
disclosed to Employee, as set forth above, and as a material inducement to the
Company to enter into this Agreement and to pay to Employee the compensation
stated in Paragraph 2, Employee covenants and agrees that during the period of
Employee's employment within the Company and for a period of one year following
termination of Employee's employment with the Company for any reason,
voluntarily or involuntarily, Employee will not directly or indirectly: (i)
start or participate or assist (as a proprietor, partner, shareholder, lender,
investor, director, employee, consultant, independent contractor or otherwise)
in starting any Competing Business; (ii) assist (as a proprietor, partner,
shareholder, lender, investor, director, employee, consultant, independent
contractor or otherwise) any existing Competing Business in the design,
development or manufacture of any Competing Product; (iii) sell or assist in the
sale of any Competing Product to any person or organization with whom Employee
had any direct contact while employed with the Company, except for persons or
organizations with whom Employee had direct contact prior to being employed with
the Company; (iv) directly or indirectly solicit for employment or employ any of
the Company's employees; or (v) become employed by a former employee of the
Company. Because Syntroleum actively pursues opportunities throughout the

                                       4

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                        Syntroleum - Employment Agreement
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                                  CONFIDENTIAL

world and is engaged in a world-wide oriented business the Employee acknowledges
the reasonableness of having no geographic limitation hereunder.

     (b)  Employee further acknowledges that, while employed by the Company, he
will have contact with and become aware of the Company's customers and licensees
and their respective representatives, including their names and addresses,
specific needs and requirements, as well as leads and references to prospective
customers and licensees. Employee further acknowledges that loss of such
customers or licensees would cause the Company great and irreparable harm.
Employee agrees that for a period of one year following termination of
Employee's employment with the Company for any reason, voluntarily or
involuntarily, Employee will not directly or indirectly solicit, contact, call
upon, communicate with or attempt to communicate with any customer or licensee,
former customer or licensee, or prospective customer or licensee of the Company
for the purpose of selling, installing, implementing, or modifying any Competing
Product. This restriction shall apply only to any customer or licensee, former
customer or licensee, or prospective customer or licensee of the Company with
whom Employee had contact during the last two years of Employee's employment
with the Company.

     (c)  The Employee agrees that for as long as he is employed by the Company
and for a period of two years after termination of Employee's employment with
the Company for any reason, voluntarily or involuntarily, Employee will not
solicit, recruit, hire or attempt to solicit, recruit or hire, directly or by
assisting others, any other employee of the Company with whom the Employee had
contact during his employment with the Company.

     (d)  As used in this Agreement, (i) "Competing Business" means any person,
entity or organization other than the Company which is engaged in or is about to
become engaged in the design, manufacture or sale of a Competing Product, (ii)
"Competing Product" means any product (including, without limitation, any
chemical formula or process) which is or may be marketed in direct competition
with any product marketed or under development by the Company at any time during
Employee's employment with the Company, and (iii) "Contact" means interaction
between Employee and a customer or licensee, former customer or licensee, or
prospective customer or licensee of the Company, which takes place to further
the business relationship; or performing services for the customer or licensee,
former customer or licensee, or prospective customer or licensee on behalf of
the Company.

     10.  Reasonableness of Restrictions.

     (a)  Employee expressly acknowledges that he has carefully read and
considered the provisions of Paragraphs 6, 7, 8 and 9, and, having done so,
agrees that the restrictions set forth in these Paragraphs, including, but not
limited to, the time periods and geographic areas of restriction are fair and
reasonable and are reasonably required for the protection of the interests of
the Company and its officers, directors, shareholders and other employees.

                                       5

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                        Syntroleum - Employment Agreement
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                                  CONFIDENTIAL

     (b)  In the event that, notwithstanding the foregoing, any of the
provisions of Paragraphs 6, 7, 8 and 9 shall be held to be invalid or
unenforceable, the remaining provisions thereof shall nevertheless continue to
be valid and enforceable as though the invalid or unenforceable parts had not
been included therein. In the event that any provision of Paragraphs 6, 7, 8 and
9 relating to the time period and/or the areas of restriction and/or related
aspects shall be declared by a court of competent jurisdiction to exceed the
maximum restrictiveness such court deems reasonable and enforceable, the time
period and/or areas of restriction and/or related aspects deemed reasonable and
enforceable by the court shall become and thereafter be the maximum restriction
in such regard, and the restriction shall remain enforceable to the fullest
extent deemed reasonable by such court.

     11.  Requests for Clarification. In the event Employee is uncertain as to
the meaning of any provision of this Agreement or its application to any
particular information, item or activity, Employee will inquire in writing to
the Company, specifying any areas of uncertainty. The Company will respond in
writing within a reasonable time and will endeavor to clarify any areas of
uncertainty, including such things as whether it considers particular
information to be its Trade Secret Information or whether it considers any
particular activity or employment to be in violation of this Agreement.

     12.  Remedies. In the event of a breach or threatened breach of any of the
covenants in Paragraphs 6, 7, 8 and 9, the Company shall have the right to seek
monetary damages and equitable relief, including specific performance by means
of an injunction against Employee or against Employee's partners, agents,
representatives, servants, employers, employees, family members and/or any and
all persons acting directly or indirectly by or with him, to prevent or restrain
any such breach. In lieu thereof, or should a court refuse for any reason to
grant equitable relief to prevent continuing breaches of the covenants in
Paragraphs 6, 7, 8 and 9, the Company shall be entitled to liquidated damages
equal to 100% of the gross amount derived by the breaching party from all
transactions in breach of the restrictive covenants in this Agreement, it being
impossible to ascertain or estimate the entire or exact cost, damage or injury
which the Company may sustain by reason of the breach, and such sum is agreed on
as compensation for the injury suffered by the Company, and not as a penalty.

     13.  Term and Termination.

     (a)  The term of this Agreement shall be for an initial term of 12 months
from the effective date hereof, unless sooner terminated as provided herein, and
shall thereafter be automatically renewed for successive terms of 12 months each
unless sooner terminated as provided herein.

     (b)  Employment of Employee under this Agreement may be terminated:

          (i)   by the Company upon the death of Employee.

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                        Syntroleum - Employment Agreement
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                                  CONFIDENTIAL

          (ii)  by the Company if Employee becomes disabled. For the purposes of
     this Agreement, Employee will be deemed disabled if he (i) has been
     declared legally incompetent by a final court decree (the date of such
     decree being deemed to be the date on which the disability occurred), or
     (ii) receives disability insurance benefits from any disability income
     insurance policy maintained by the Company for a period of three
     consecutive months, or (iii) has been found to be disabled pursuant to a
     disability determination. A "disability determination" means a finding that
     Employee, because of a medically determinable disease, injury, or other
     mental or physical disability, is unable to perform substantially all of
     his regular duties to the Company and that such disability is determined or
     reasonably expected to last at least six months. The disability
     determination shall be based upon the written opinion of the physician
     regularly attending Employee whose disability is in question. If the
     Company disagrees with the opinion of this physician (the "First
     Physician"), it may engage, at its own expense, another physician of its
     choice (the "Second Physician") to examine Employee. If the First and
     Second Physicians agree in writing that Employee is or is not disabled,
     their written opinion shall, except as otherwise set forth in this
     subsection, be conclusive on the issue of disability. If the First and
     Second Physicians disagree on the disability of Employee, they shall choose
     a third consulting physician (whose expense shall be borne by the Company),
     and the written opinion of a majority of these three physicians shall,
     except as otherwise provided in this subsection, be conclusive as to
     Employee's disability. The date of any written opinion conclusively finding
     Employee to be disabled is the date on which the disability will be deemed
     to have occurred. If there is a conclusive finding that Employee is not
     totally disabled, the Company shall have the right to request additional
     disability determinations provided it agrees to pay all the expenses of the
     disability determinations and does not request an additional disability
     determination more frequently than once every three months. In connection
     with any disability determination, Employee hereby consents to any required
     medical examination, and agrees to furnish any medical information
     requested by any examining physician and to waive any applicable
     physician-patient privilege that may arise because of such examination. All
     physicians except the First Physician must be board-certified in the
     specialty most closely related to the nature of the disability alleged to
     exist.

          (iii) by the Company when Employee reaches mandatory retirement age
     under any retirement policy applicable to all executive officers adopted by
     the Company.

          (iv)  by mutual agreement of Employee and the Company.

          (v)   by the Company upon the dissolution and liquidation of the
     Company (other than as part of a reorganization, merger, consolidation or
     sale of all or substantially all of the assets of the Company whereby the
     business of the Company is continued).

          (vi)  by the Company for just cause at any time upon written notice.
     For purposes of this Agreement, "just cause" shall mean any one or more of
     the following: (A) Employee's material breach of his obligations, duties
     and responsibilities under any term or

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                                  CONFIDENTIAL

     provision of this Agreement, which breach remains uncured for a period of
     five days after written notice by the Company to Employee; (B) Employee's
     failure to adhere to the reasonable standards of performance prescribed by
     the Company; (C) Employee's act of insubordination to the Company's Board
     of Directors; (D) Employee's gross negligence or willful misconduct in the
     performance of his duties under this Agreement; (E) Employee's dishonesty,
     fraud, misappropriation or embezzlement in the course of, related to or
     connected with the business of the Company; (F) Employee's conviction of a
     felony; or (G) Employee's failure (after written notice to Employee of such
     failure and Employee not correcting such failure within five days of such
     notice) to devote his time, attention and best efforts to the business of
     the Company as provided in this Agreement.

          (vii) by either the Company or Employee upon 60 days written notice.

     (c)  Any termination of Employee's employment, either by the Company or
Employee, shall be communicated by a written notice of termination to the other
party.

     (d)  If Employee's employment is terminated pursuant to the terms of this
Agreement for any reason, Employee shall be entitled to all arrearages of salary
and expenses up to and including the date of termination but shall not be
entitled to further compensation. Provided, that if, at any time after the first
12 months of this Agreement, Employee's employment is terminated by the Company
for any reason other than pursuant to Paragraph 13(b)(v) or (vi), Employee shall
be entitled to and the Company shall pay Employee all arrearages of salary and
expenses up to and including the date of termination and, in addition,
Employee's monthly salary for an additional period of six months.

     (e)  Upon expiration of the term of this Agreement or upon earlier
termination of this Agreement, Employee shall deliver all Trade Secret
Information of the Company to an authorized representative of the Company, and
the non-disclosure provisions of Paragraph 6 shall survive and such expiration
or termination in full force and effect for a period of 15 years from such
expiration or termination.

     14.  Resignation Upon Termination. In the event of termination of this
Agreement other than for death, Employee agrees to resign from all positions
held in the Company, including without limitation any position as a director,
officer, agent, trustee or consultant of the Company or any affiliate of the
Company.

     15.  Notice to Subsequent Employers. For a period of two years after
termination of Employee's employment with the Company for any reason, Employee
will inform any new employer (before accepting employment) of the obligations of
Employee under Paragraphs 6, 7, 8, 9, and 10 of this Agreement.

                                       8

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                        Syntroleum - Employment Agreement
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                                  CONFIDENTIAL

     16.  Obligations Unconditional. The obligations of the parties under this
Agreement are unconditional and do not depend upon the performance of any
agreements, duties, obligations, or terms outside this Agreement.

     17.  Waiver. A party's failure to insist on compliance or enforcement of
any provision of this Agreement shall not affect the validity or enforceability
or constitute a waiver of future enforcement of that provision or of any other
provision of this Agreement by that party or any other party.

     18.  Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF OKLAHOMA, UNITED STATES OF AMERICA,
WITHOUT REGARD TO CONFLICT OF LAW PROVISIONS THEREOF. The Company and Employee
expressly and irrevocably consent and submit to the nonexclusive jurisdiction of
any state or federal court sitting in Tulsa County, Oklahoma and agree that, to
the fullest extent allowed by law, such Oklahoma state or federal courts shall
have jurisdiction over any action, suit or proceeding arising out of or relating
to this Agreement. The Company and Employee each irrevocably waive, to the
fullest extent allowed by law, any objection either of them may have to the
laying of venue of any such suit, action or proceeding brought in any state or
federal court sitting in Tulsa County, Oklahoma based upon a claim that such
court is inconvenient or otherwise an objectionable forum. Any process in any
action, suit or proceeding arising out of or relating to this Agreement may,
among other methods, be served upon the Company or Employee by delivering it or
mailing it to their respective addresses set forth herein. Any such delivery or
mail service shall be deemed to have the same force and effect as personal
service in the State of Oklahoma.

     19.  Severability. If for any reason any paragraph, term or provision of
this Agreement is held to be invalid or unenforceable for any reason, such
invalidity or unenforceability shall not affect any other provision hereof, and
this Agreement shall be construed and enforced as if such provision had not been
included herein and all other valid provisions herein shall remain in full force
and effect. If for any reason the restrictions and covenants contained herein
are held to cover a geographical area or be for a length of time which is
unreasonable or unenforceable, or in any other way are construed to be too broad
or to any extent invalid, then to the extent the same are or would be valid or
enforceable under applicable law, any court of competent jurisdiction shall
construe and interpret or reform this Agreement to provide for a covenant having
the maximum area, time or other provisions (not greater than those contained
herein) as shall be valid and enforceable under such applicable law.

     20.  Jurisdiction. The Company and Employee intend to and hereby confer
jurisdiction to enforce the provisions of this Agreement and any restrictive
covenants contained herein upon the courts of any jurisdiction within the
geographical scope of such covenants. If the courts of any one or more of such
jurisdictions hold the provisions of this Agreement or any of the restrictive
covenants contained herein unenforceable by reason of the breadth of such scope
or otherwise, it is the intention of the Company and Employee that such
determination not bar or in any way affect the

                                       9

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                        Syntroleum - Employment Agreement
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                                  CONFIDENTIAL

Company's right to the relief provided herein in the courts of any other
jurisdiction within the geographical scope of such covenants, as to breaches of
such covenants, such covenants as they relate to each jurisdiction being, for
this purpose, severable into diverse and independent covenants.

     21.  Notice. Any and all notices required or permitted herein shall be
deemed delivered if delivered personally or if mailed by registered or certified
mail to the Company at its principal place of business and to Employee at the
address hereinafter set forth following Employee's signature, or at such other
address or addresses as either party may hereafter designate in writing to the
other.

     22.  Amendments. This Agreement may be amended at any time by mutual
consent of the parties hereto, with any such amendment to be invalid unless in
writing, signed by the Company and Employee.

     23.  Burden and Benefit. This Agreement, together with any amendments
hereto, shall be binding upon and shall inure to the benefit of the parties
hereto and their respective successors, assigns, heirs and personal
representatives. The Company may, in its sole discretion, assign this Agreement
or its rights hereunder to any parent, affiliate, shareholder, or successor of
the Company, or to any person or entity which purchases substantially all of the
assets of the Company. Employee may not transfer or assign this Agreement or any
of Employee's rights or obligations under this Agreement.

     24.  References to Gender and Number Terms. In construing this Agreement,
feminine or number pronouns shall be substituted for those masculine in form and
vice versa, and plural terms shall be substituted for singular and singular for
plural in any place which the context so requires.

     25.  Headings. The various headings in this Agreement are inserted for
convenience only and are not part of the Agreement.

     26.  Entire Agreement. This Agreement contains the entire understanding and
agreement between the parties relating to the subject matter hereof.

     27.  Counterparts. This Agreement may be executed in one or more
counterparts, and all such counterparts shall constitute one and the same
instrument.

     IN WITNESS WHEREOF, the Company and Employee have duly executed this
Agreement as of the date and year first above written.

                                          COMPANY:

                                          SYNTROLEUM CORPORATION

                                       10

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                        Syntroleum - Employment Agreement
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                                  CONFIDENTIAL

                                          By:         /s/ Mark A. Agee
                                             -----------------------------------
                                                  Mark A. Agee, President
                                                   Syntroleum Corporation.
                                               1350 South Boulder, Suite 1100
                                                   Tulsa, Oklahoma  74119

                                          EMPLOYEE:

                                          By:___________________________________

                                          Home address:

                                             ___________________________________

                                             ___________________________________

                                             ___________________________________

                                       11

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