Document:

Exhibit 10.1

                            CONSULTING AGREEMENT WITH
                               MICHAEL A. LITTMAN
<PAGE>

                              CONSULTING AGREEMENT

     This Consulting Agreement (the "Agreement") is entered into this 9th day of
August,  2002 and is by and amongst ATNG,  Inc. (the  "Company")  and Michael A.
Littman (The "Consultant").

         WHEREAS,  Consultant is skilled in providing  legal  services,  and has
provided legal services to Company in the past;

         WHEREAS,  the Consultant  has provided  approximately  $34,000 in legal
services to the Company;

         NOW  THEREFORE,  in  consideration  of the mutual  covenants  contained
herein  and other  good and  valuable  consideration  receipt  whereof is hereby
acknowledged it is agreed.

     1. The Company  hereby has engaged the  Consultant  for legal  services and
wishes to pay  Consultant  and has agreed to  payment  of fees due for  services
already rendered through issuance of stock.

     2. In  consideration  of the services  already  provided,  Consultant shall
receive up to 90,214 shares of the Company's  common stock which shall be issued
for the  accrual  due and owing as a result of prior  services  rendered  to the
Company by the  Consultant  and ongoing  services.  None of the  services  being
compensated  for  involved  merger/acquisition   services,  or  capital  raising
transactions.

     3. The Company will  register  all the  compensation  shares  pursuant to a
registration statement on Form S-8.

     4. Except as otherwise provided herein,  any notice or other  communication
to any party  pursuant  to or relating to this  Agreement  and the  transactions
provided  for  herein  shall be  deemed  to have been  given or  delivered  when
deposited in the United States Mail,  registered  or certified,  and with proper
postage and  registration  or  certification  fees  prepaid,  addressed at their
principal  place of business or to such other  address as may be  designated  by
either party in writing.

                                       1

<PAGE>

     5. This Agreement shall be governed by and interpreted pursuant to the laws
of the state of Colorado. By entering into this Agreement,  the parties agree to
the  jurisdiction  of the  Colorado  courts  with  venue  in  Jefferson  County,
Colorado.  In the event of any breach of this  Agreement,  the prevailing  party
shall be entitled to recover all costs including reasonable attorney's fees.

     6. This  Agreement may be executed in any number of  counterparts,  each of
which when so executed and delivered  shall be deemed an original,  and it shall
not be  necessary  in making  proof of this  Agreement to produce or account for
more than one counterpart.

     IN WITNESS  WHEREOF,  the parties  hereto have  subscribed  their hands and
seals the day and year first above written.

CONSULTANT:                               COMPANY:
Michael A. Littman                        ATNG, INC.

/s/Michael A. Littman                     /s/George Betts
------------------                        --------------------
Michael A. Littman                        By: George Betts, President

                                       2Exhibit 10.2

                           CONSULTING AGREEMENT WITH
                                   KEVIN DILLS

<PAGE>

                              CONSULTING AGREEMENT

     This Consulting  Agreement (the  "Agreement") is entered into this 17th day
of July 2002 by and amongst ATNG,  INC. (the  "Company") and Kevin C. Dills (the
"Consultant").

     WHEREAS,  Consultant is skilled in providing business consulting  services,
and had  provided  such  services  to Company in the past and will  continue  to
provide such services in the future;

     WHEREAS, the Consultant will provide  approximately  $25,000 in services to
the Company;

     NOW THEREFORE,  in consideration  of the mutual covenants  contained herein
and other good and valuable consideration receipt whereof is hereby acknowledged
it is agreed.

     1. The Company hereby has engaged the  Consultant  for business  consulting
services and wishes to pay  Consultant and has agreed to payment of fees due for
services already rendered through issuance of stock.

     2. In partial  consideration of the services already  provided,  Consultant
shall receive up to 50,000 shares of the Company's common stock,  which shall be
issued for the accrual due and owing as a result of prior  services  rendered to
the Company by the Consultant and ongoing services.

     3. The Company will  register  all the  compensation  shares  pursuant to a
registration statement on Form S-8.

     4. Except as otherwise provided herein,  any notice or other  communication
to any party  pursuant  to or relating to this  Agreement  and the  transactions
provided  for  herein  shall be  deemed  to have been  given or  delivered  when
deposited in the United States Mail, registered or certified, and with

                                       1

KCD                                                                   GB
(Initials)                                                       (Initials)
<PAGE>

proper postage and  registration  or  certification  fees prepaid,  addressed at
their  principal place of business or to such other address as may be designated
by either party in writing.

     5. This Agreement shall be governed by and interpreted pursuant to the laws
of the state of California.  By entering into this Agreement,  the parties agree
to the  jurisdiction of the California  courts with venue in Los Angeles County,
California.  In the event of any breach of this Agreement,  the prevailing party
shall be entitled to recover all costs including reasonable attorney's fees.

     6. This  Agreement may be executed in any number of  counterparts,  each of
which when so executed and delivered  shall be deemed an original,  and it shall
not be  necessary  in making  proof of this  Agreement to produce or account for
more than one counterpart.

     IN WITNESS  WHEREOF,  the parties  hereto have  subscribed  their hands and
seals the day and year first above written.

CONSULTANT:                               COMPANY:
                                          ATNG, INC.

/s/Kevin C. Dills                         /s/ George Betts
------------------                        --------------------
Kevin C. Dills                            By: George Betts, President & CFO

                                       2Exhibit 10.3

                           CONSULTING AGREEMENT WITH
                                   JOHN STONE

<PAGE>

                              CONSULTING AGREEMENT

     This Consulting  Agreement (the  "Agreement") is entered into this 17th day
of July 2002 by and  amongst  ATNG,  INC.  (the  "Company")  and John Stone (the
"Consultant").

     WHEREAS,  Consultant is skilled in providing business consulting  services,
and had  provided  such  services  to Company in the past and will  continue  to
provide such services in the future;

     WHEREAS, the Consultant will provide  approximately  $25,000 in services to
the Company;

     NOW THEREFORE,  in consideration  of the mutual covenants  contained herein
and other good and valuable consideration receipt whereof is hereby acknowledged
it is agreed.

     1. The Company hereby has engaged the  Consultant  for business  consulting
services and wishes to pay  Consultant and has agreed to payment of fees due for
services already rendered through issuance of stock.

     2. In partial  consideration of the services already  provided,  Consultant
shall receive up to 50,000 shares of the Company's common stock,  which shall be
issued for the accrual due and owing as a result of prior  services  rendered to
the Company by the Consultant and ongoing services.

     3. The Company will  register  all the  compensation  shares  pursuant to a
registration statement on Form S-8.

     4. Except as otherwise provided herein,  any notice or other  communication
to any party  pursuant  to or relating to this  Agreement  and the  transactions
provided  for  herein  shall be  deemed  to have been  given or  delivered  when
deposited in the United States Mail, registered or certified, and with

                                       1

<PAGE>

proper postage and  registration  or  certification  fees prepaid,  addressed at
their  principal place of business or to such other address as may be designated
by either party in writing.

     5. This Agreement shall be governed by and interpreted pursuant to the laws
of the state of California.  By entering into this Agreement,  the parties agree
to the  jurisdiction of the California  courts with venue in Los Angeles County,
California.  In the event of any breach of this Agreement,  the prevailing party
shall be entitled to recover all costs including reasonable attorney's fees.

     6. This  Agreement may be executed in any number of  counterparts,  each of
which when so executed and delivered  shall be deemed an original,  and it shall
not be  necessary  in making  proof of this  Agreement to produce or account for
more than one counterpart.

     IN WITNESS  WHEREOF,  the parties  hereto have  subscribed  their hands and
seals the day and year first above written.

CONSULTANT:                               COMPANY:
                                          ATNG, INC.

/s/John Stone                             /s/ George Betts
------------------                        --------------------
By: John Stone                            By: George Betts, President & CFO

                                       2Exhibit 10.15

 

FIRST AMENDMENT TO

CONSTRUCTION LOAN AGREEMENT

 

This

First Amendment to Construction Loan Agreement is dated as of the 29th day of

July, 2002, and is by and between DAKOTA ETHANOL, L.L.C., a South Dakota

limited liability company (“BORROWER”) and FIRST NATIONAL BANK OF OMAHA

(“BANK”), a national banking association established at Omaha, Nebraska.

 

WHEREAS,

BANK and BORROWER executed a Construction Loan Agreement dated September 25,

2000 (the Construction Loan Agreement is herein called the “AGREEMENT”); and

 

WHEREAS,

the parties desire to restructure the OBLIGATIONS of the BORROWER represented

by the TERM NOTE.

 

Now,

therefore, for valuable consideration, receipt and adequacy of which is

acknowledged, the parties agree as follows:

 

1.             All capitalized terms herein that

are not otherwise defined shall have the meanings assigned to them in the

AGREEMENT.

 

2.             The existing balance on the TERM

NOTE is $24,149,653.36. On execution hereof, said balance will be paid by two

new promissory notes, hereafter called “TERM NOTE 2” and “TERM NOTE 3”.

 

3.             TERM NOTE 2 will be in the amount

of $14,526,016.48 and will be in the form of Exhibit A, attached hereto and by

this reference made a part hereof.

 

4.             TERM NOTE 3 will be in the amount

of $9,623,636.88 and will be in the form of Exhibit B, attached hereto and by

this reference made a part hereof.

 

5.             BORROWER agrees to pay a

restructure fee in the amount of $96,236.37 on execution hereof.

 

6.             Paragraph 6.1.3 of the AGREEMENT is

hereby amended, effective immediately, to read as follows:

 

6.1.3        The BORROWER will provide the BANK

concurrently with the financial statements required above in Paragraph 6.1.1, a

certificate in the form of Exhibit C that has been signed by a manager of

BORROWER, which:  1) certifies that the

statements have been accurately prepared in accordance with GAAP applied

consistently; 2) certifies that the manager has no knowledge of any EVENT OF

DEFAULT under this AGREEMENT or the LOAN DOCUMENTS, or of any event which

would, after the lapse of time or the giving of notice, or both, constitute an

event of default under this AGREEMENT or the LOAN DOCUMENTS.

 

7.             Paragraph 6.4.11 of the AGREEMENT

is hereby amended, effective immediately, to read:

 

 

6.4.11      Make, or commit to make, capital expenditures

(including the total amount of any capital leases) in an aggregate amount

exceeding $500,000.00 in any single fiscal year.

 

8.             Paragraph 6.4.12 of the AGREEMENT

is hereby amended, effective immediately, to read:

 

6.4.12      Make or pay, without the written consent

of BANK, which written consent will not be unreasonably withheld, in any fiscal

year distributions to members of the BORROWER in excess of 80% of EXCESS CASH

FLOW or which would result in the BORROWER at the time of such distribution not

being in compliance with any of the covenants set forth in this AGREEMENT after

payment of such distribution. Provided, however, BORROWER may make

distributions to members of BORROWER up to four times per year without BANK’s

consent, so long as BORROWER is in compliance with all other covenants of this

AGREEMENT and retains a minimum of$ 1,000,000.00 of cash availability following

any of such distributions.

 

9.             BORROWER certifies by its execution

hereof that the representations and warranties set forth in Section 5.1 of the

AGREEMENT are true as of this date, and that no EVENT OF DEFAULT under the

AGREEMENT, and no event which, with the giving of notice or passage of time or

both, would become such an EVENT OF DEFAULT, has occurred as of this date.

 

10.           Except as amended hereby, the parties

ratify and confirm as binding upon them all of the terms of the AGREEMENT.

 

IN

WITNESS WHEREOF, the parties hereto have caused this AGREEMENT to be executed

by their respective officers or managers thereunto duly authorized. as of the

date first above written.

 

	

  Dakota Ethanol, L.L.C.

  	

   

  	

  First National Bank of Omaha

  
	

   

  	

   

  	

   

  
	

   

  	

   

  	

   

  
	

  By:

  	

  /s/ Doug Van Duyn 

  	

   

  	

  By:

  	

  /s/ Brian D. Thome

  
	

   

  	

  Doug Van Duyn

  	

   

  	

   

  	

  Brian D. Thome

  
	

  Chairman of the Board of Governors

  	

   

  	

  Commercial Loan Officer

  

 

2

 

Exhibit A

TERM NOTE 2

 

	

  Note Date:  July 29, 2002

  	

   

  	

  $14,526,016.48

  

 

Maturity

Date:  September 1, 2011

 

FOR VALUE

RECEIVED, DAKOTA ETHANOL, L.L.C., a South Dakota limited liability company

(“BORROWER”) promises to pay to the order of First National Bank of Omaha

(“BANK”), at its principal office or such other address as BANK or holder may

designate from time to time, the principal sum of Fourteen Million Five Hundred

Twenty Six Thousand Sixteen and forty-eight hundredths Dollars

($14,526,016.48), or the amount shown on the BANK’s records to be outstanding,

plus interest (calculated on the basis 360-day year) accruing each day on the

unpaid principal balance at the annual interest rates defined below. Absent

manifest error, the BANK’s records shall be conclusive evidence of the

principal and accrued interest owing hereunder.

 

This

promissory note is executed pursuant to a Construction Loan Agreement

(“CONSTRUCTION LOAN AGREEMENT”) between BORROWER and BANK dated as of September

25, 2000, as it may have been amended, from time to time. This promissory note

is a modification or substitution for the TERM NOTE described therein. All

capitalized terms not otherwise defined in this note shall have the meanings

provided in the CONSTRUCTION LOAN AGREEMENT.

 

INTEREST ACCRUAL.

Interest on the principal amount outstanding shall accrue at a rate of nine

(9%) percent per annum. Interest shall be calculated on the basis of a 360-day

year, counting the actual number of days elapsed.

 

REPAYMENT TERMS.

BORROWER will pay equal quarterly payments of $581,689.91, representing

amortized interest and principal, commencing October 1, 2002, with the

principal being amortized over a period of nine years. Any remaining principal

balance, plus any accrued but unpaid interest, shall be fully due and payable

on September 1, 2011.

 

PREPAYMENT.

The BORROWER may prepay this promissory note in full or in part at any time.

Provided, however, a condition of any prepayment is that a fee shall be paid to

BANK sufficient to make BANK whole for any expenses related to breaking fixed

interest rates. Each prepayment may be applied in inverse order of maturity or

as the BANK in its sole discretion may deem appropriate. Such prepayment shall

not excuse the BORROWER from making subsequent payments each quarter until the

indebtedness is paid in full. It may be the case that BANK and BORROWER have

set forth a manner of calculating such breakage fees in a written form.

 

ADDITIONAL TERMS AND CONDITIONS. The LOAN AGREEMENT, and any amendments or substitutions,

contains additional terms and conditions, including default and acceleration

provisions, which are incorporated into this promissory note by reference. The

BORROWER agrees to pay all costs of collection, including reasonable attorneys

fees and legal expenses incurred by the BANK if this promissory note is not

paid as provided above. This promissory note shall be governed by the

substantive laws of the State of Nebraska.

 

 

WAIVER OF PRESENTMENT AND NOTICE OF DISHONOR. BORROWER and any other person who signs, guarantees or endorses

this promissory note, to the extent allowed by law, hereby waives presentment,

demand for payment, notice of dishonor, protest, and any notice relating to the

acceleration of the maturity of this promissory note.

 

	

   

  	

   

  	

  DAKOTA ETHANOL, L.L.C.

  
	

   

  	

   

  	

   

  
	

   

  	

   

  	

   

  
	

   

  	

   

  	

   

  	

  By:

  	

  /s/ Doug Van Duyn 

  
	

   

  	

   

  	

   

  	

   

  	

  Doug Van Duyn

  
	

   

  	

   

  	

  Chairman of the Board of Governors

  

 

 

	

  STATE OF SOUTH DAKOTA

  	

  )

  
	

   

  	

  ) ss.

  
	

  COUNTY OF LAKE

  	

  )

  

 

                On this 31st day July, 2002,

before me, the undersigned, a Notary Public, personally appeared Doug Van Duyn,

Chairman of the Board of Governors of Dakota Ethanol, L.L.C., on behalf of said

entity, who executed the foregoing instrument, and acknowledged that he

executed the same as his voluntary act and deed.

 

	

  /s/ Patricia M. Logan

  
	

  NOTARY PUBLIC

  

 

My Commission

Expires on 07/17/2004

 

2

 

Exhibit B

TERM NOTE 3

 

	

  Note Date. July 29, 2002

  	

   

  	

  $9,623,636.88

  

 

Maturity

Date:  September 1, 2011

 

FOR VALUE RECEIVED,

DAKOTA ETHANOL, L.L.C., a South Dakota limited liability company (“BORROWER”)

promises to pay to the order of First National Bank of Omaha (“BANK”), at its

principal office or such other address as BANK or holder may designate from

time to time, the principal sum of Nine Million Six Hundred Twenty Three

Thousand Six Hundred Thirty-six and eighty-eight hundredths Dollars

($9,623,636.88), or the amount shown on the BANK’s records to be outstanding,

plus interest (calculated on the basis of 360-day year) accruing each day on the

unpaid principal balance at the annual interest rates defined below. Absent

manifest error, the BANK’s records shall be conclusive evidence of the

principal and accrued interest owing hereunder.

 

This

promissory note is executed pursuant to a Construction Loan Agreement

(“CONSTRUCTION LOAN AGREEMENT”) between BORROWER and BANK dated as of September

25, 2000, as it may have been amended, from time to time. This promissory note

is a modification or substitution for the TERM NOTE described therein. All capitalized

terms not otherwise defined in this note shall have the meanings provided in

the CONSTRUCTION LOAN AGREEMENT.

 

INTEREST ACCRUAL.

Interest on the principal amount outstanding shall accrue at a rate (the

“RATE”) fifty (50) basis points above the BASE RATE in effect from time to time

until maturity, and three per cent (3%) above the BASE RATE in effect from time

to time after maturity, whether by acceleration or otherwise. Provided,

however, at no time shall the RATE be less than five (5%) percent per annum.

For purposes hereof, BASE RATE shall mean the rate announced by BANK from time

to time as its “National Base Rate”.

 

Each time

the BASE RATE shall change, the RATE shall change contemporaneously with such

change in the BASE RATE. Interest shall be calculated on the basis of a 360-day

year, counting the actual number of days elapsed.

 

REVOLVING FEATURE.

The BORROWER may elect to reborrow, on a revolving basis, any principal amount

repaid on this promissory note that was not subject to a fixed rate option

exercised by BORROWER, up to Five Million ($5,000,000.00) Dollars. If BORROWER

so elects such reborrowing feature, BORROWER will pay BANK an unused commitment

fee of three-eighths of one percent (3/8%) assessed quarterly in arrears

against the unused portion of the $5,000,000.00 amount. Pursuant to this

revolving loan feature the BANK will lend the BORROWER, from time to time until

maturity of this note, such sums in integral multiples of $10,000.00 as the

BORROWER may request by reasonable same day notice to the BANK, received by the

BANK not later than 11:00 A.M. of such day, but which shall not exceed in the

aggregate principal amount at any one time outstanding, $5,000,000.00. The

BORROWER may borrow, repay and reborrow hereunder, from the date of this

AGREEMENT until the maturity of this note, said amount or any lesser sum which

is $10,000.00 or an integral multiple thereof.

 

 

If such

revolving feature is elected by BORROWER, whenever a scheduled payment is made,

whether through normal amortization or annual cash flow recapture, the total

outstanding loan balance allowed to exist will be reduced by the amount of the

principal payment made. When the total outstanding loan balance allowed to

exist becomes less than $5,000,000.00, the amount available to be borrowed

under the revolving loan feature will be correspondingly reduced, so that the

maximum amount outstanding under this promissory note will decrease according

to the amortization schedule applicable if the BORROWER had not elected the

revolving feature.

 

INCENTIVE PRICING.

The interest rate applicable to this promissory note is subject to reduction.

In the event that BORROWER maintains, as measured quarterly, the following

ratios, the interest rates will be reduced accordingly for the subsequent

quarter:

 

	

  If the Ratio of

  INDEBTEDNESS to

  NET WORTH is:

  	

   

  	

  Interest rate will be:

  
	

  Equal to or greater than 1.01:1.00

  	

   

  	

  BASE RATE plus 50 basis points

  
	

  Greater than .75:1.00, but less than 1.01:1.00

  	

   

  	

  BASE RATE plus 25 basis points

  
	

  Less than or equal to .75:1.00

  	

   

  	

  BASE RATE plus 0 basis points

  

 

REPAYMENT TERMS.

BORROWER will pay equal quarterly payments of $329,777.14, representing

amortized interest and principal, commencing October 1, 2002, with the

principal being amortized over a period of nine years. Such quarterly payments

shall remain in said amount without regard to any reduction or variance in

interest rate accrual during the term hereof. Any remaining principal balance,

plus any accrued but unpaid interest, shall be fully due and payable on September

1, 2011.

 

FIX RATE OPTION.

At any time prior to July 29, 2005, BORROWER may, at its option, fix the

interest rate accrual on this promissory note at a rate equal to 250 basis

points over a matched source of funds. Unless BANK and BORROWER agree otherwise,

the stated matched source of funds is Federal Home Loan Bank of Topeka, Kansas,

which publishes its rates daily. In the event BORROWER elects this option, the

first prepayment penalty described below shall not apply to this promissory

note.

 

PREPAYMENT.

The BORROWER may prepay this promissory note in full or in part at any time.

Each prepayment may be applied in inverse order of maturity or as the BANK in

its sole discretion may deem appropriate. Such prepayment shall not excuse the

BORROWER from making subsequent payments each quarter until the indebtedness is

paid in full. A prepayment penalty shall be assessed as follows:  As to any prepayment of the entire note

balance made during the first year subsequent to the execution of this note, a

fee of 3% of the amount of such payment shall be due and payable. As to any

prepayment of the entire balance made during the second year subsequent to the

execution of this note, a fee of 2% of the amount of such payment shall be due

and payable. As to any prepayment of the entire balance made during the third

year subsequent to the execution of tins note, a fee of 1% of the amount of

such payment shall be due and payable. Such prepayment penalty shall not be due

for prepayments made after July 29, 2005, nor to prepayments of any portion of

this note which are subject to a fixed interest rate option as set forth above.

 

2

 

If

BORROWER elects to fix interest rate accrual as set forth above, any prepayment

of that portion of the outstanding loan balance held against a matched source

of funds will require BORROWER’s payment of a breakage fee to BANK sufficient

to make BANK whole for any expenses related to breaking fixed interest rates.

 

ADDITIONAL TERMS AND CONDITIONS. The LOAN AGREEMENT, and any amendments or substitutions,

contains additional terms and conditions, including default and acceleration

provisions, which are incorporated into this promissory note by reference. The

BORROWER agrees to pay all costs of collection, including reasonable attorneys

fees and legal expenses incurred by the BANK if this promissory note is not

paid as provided above. This promissory note shall be governed by the

substantive laws of the State of Nebraska.

 

WAIVER OF PRESENTMENT AND NOTICE OF DISHONOR. BORROWER and any other person who signs, guarantees or endorses

this promissory note, to the extent allowed by law, hereby waives presentment,

demand for payment, notice of dishonor, protest, and any notice relating to the

acceleration of the maturity of this promissory note.

 

	

   

  	

   

  	

  DAKOTA ETHANOL, L.L.C.

  
	

   

  	

   

  	

   

  
	

   

  	

   

  	

   

  
	

   

  	

   

  	

   

  	

  By:

  	

  /s/ Doug Van Duyn 

  
	

   

  	

   

  	

   

  	

   

  	

  Doug Van Duyn

  
	

   

  	

   

  	

  Chairman of the Board of Governors

  

 

 

	

  STATE OF SOUTH DAKOTA

  	

  )

  
	

   

  	

  ) ss.

  
	

  COUNTY OF LAKE

  	

  )

  

 

                On this 31st day July, 2002,

before me, the undersigned, a Notary Public, personally appeared Doug Van Duyn,

Chairman of the Board of Governors of Dakota Ethanol, L.L.C., on behalf of said

entity, who executed the foregoing instrument, and acknowledged that he

executed the same as his voluntary act and deed.

 

	

  /s/ Patricia M. Logan

  
	

  NOTARY PUBLIC

  

 

My Commission

Expires 07/17/2004

 

3

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