Document:

Exhibit 10.29

                                 PROMISSORY NOTE

$300,000                                               Dated: December 15, 2005

      1. Principal. FOR VALUE RECEIVED, American Soil Technologies, Inc., a
Nevada corporation ("Maker"), promises to pay to the order of Gary D. Willis and
Cynthia A. Willis, jointly ("HOLDER"), at the address of Holder known to Maker
or at such other place as Holder may from time to time designate in writing, the
principal sum of $300,000 (the "OBLIGATION"), which represents the principal
amount to be advanced by Holder to Maker.

     2. Interest. Interest on the unpaid principal amount of the Obligation
outstanding from time to time shall accrue at the annualized rate of 12%.
Computations of interest shall be made on the basis of a 365 day year, and the
actual number of days elapsed.

     3. MATURITY DATE" shall mean the date which is March 15, 2006 from the date
of this Note.

     4. Payments. Maker shall pay to Holder the Obligation in the following
manner:

     (a) One payment of $100,000 plus accrued interest shall be paid no later
than January 30, 2006; and

     (b) One payment of $200,000 plus accrued interest shall be paid no later
than the Maturity Date.

     5. Prepayment. Maker shall be entitled to prepay this Note prior to the
Maturity Date without premium or penalty.

     6. Applications of Payments. Payments received by Holder pursuant to the
terms hereof shall be applied in the following manner: first, to the payment of
all expenses, charges, late payment fees, costs and fees incurred by or payable
to Holder and for which Maker is obligated pursuant to the terms of this Note,
second, to the payment of all interest accrued to the date of such payment; and
third, to the payment of principal.

     7. Events of Default. The occurrence of any of the following events shall
constitute an Event of Default hereunder

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     (a) Failure of Maker to pay the principal and interest upon the Maturity
Date;

     (b) Failure of Maker to pay any amount or perform any other obligation
under the Agreement;

     (c) Maker shall admit in writing its inability to, or be generally unable
to, pay its undisputed debts as such undisputed debts become due;

     (d) Maker shall: (i) apply for or consent to the appointment of, or the
taking of possession by, a receiver, custodian, trustee, examiner or liquidator
of all or a substantial part of its property, (ii) make a general assignment for
the benefit of its creditors, (iii) commence a voluntary case under the United
States Bankruptcy Code, (iv) file a petition seeking to take advantage of any
other law relating to bankruptcy, insolvency, reorganization, liquidation,
dissolution, arrangement or winding-up, or composition or readjustment of debts;
(v) fail to controvert in a timely and appropriate manner, or acquiesce in
writing to, any petition filed against him in an involuntary case under the
United States Bankruptcy Code; or (vi)take any action for the purpose of
effecting any of the foregoing;

     (e) A proceeding or case shall be commenced, without the application or
consent of Maker, in any court of competent jurisdiction, seeking: (i) its
financial reorganization, liquidation or arrangement, or the composition or
readjustment of its debts; (ii) the appointment of a receiver, custodian,
trustee, examiner, liquidator or the like of Maker or of all or any substantial
part of its property; or (iii) similar relief in respect of Maker under any law
relating to bankruptcy, insolvency, reorganization or composition or adjustment
of debts, and such proceeding or case shall continue undismissed, or an order,
judgment or decree approving or ordering any of the foregoing shall be entered
and continue unstayed and in effect, for a period of 30 or more days; or an
order for relief against Maker shall be entered in an involuntary case under the
United States Bankruptcy Code; or

     (f) A final judgment or judgments issued by a court of competent
jurisdiction for the payment of money in excess of $5,000 in the aggregate
(exclusive of judgment amounts fully covered by insurance where the insurer has
admitted liability in respect of such judgment) or in excess of $10,000 in the
aggregate (regardless of insurance coverage) shall be rendered by a one or more
governmental persons having jurisdiction against Maker and the same shall not be
discharged (or provision shall not be made for such discharge), or a stay of
execution of the relevant judgment shall not be procured, within 30 days from
the date of entry of such judgment and Maker shall not, within that 30-day
period, or such longer period during which execution of the same shall have been
stayed, appeal from and cause the execution of such judgment to be stayed during
such appeal.

     8. Remedies; Late Payment Penalty. Upon the occurrence of an Event of
Default and without demand or notice, Holder may declare the principal amount
then outstanding of, and the accrued interest on, the Obligation of Maker to be

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forthwith due and payable, whereupon such amounts shall be immediately due and
payable without presentment, demand, protest or other formalities of any kind,
all of which are hereby expressly waived by Maker and Maker may exercise all
rights and remedies available to it under the Agreement or any succeeding
agreement).

     9. Waiver. Maker hereby waives diligence, presentment, protest and demand,
notice of protest, dishonor and nonpayment of this Note and expressly agrees
that, without in any way affecting the liability of Maker hereunder, Holder may
extend any maturity date or the time for payment of any installment due
hereunder, accept security, release any party liable hereunder and release any
security now or hereafter securing this Note. Maker further waives, to the full
extent permitted by law, the right to plead any and all statutes of limitations
as a defense to any demand on this Note, or on any deed of trust, security
agreement, lease assignment, guaranty or other agreement now or hereafter
securing this Note.

     10. Attorneys' Fees; Costs. Maker agrees to pay to Holder all costs and
expenses including attorneys' fees and costs, incurred by Holder in connection
with the negotiation, preparation or execution of the Loan and this Note. If
this Note is not paid when due or if any Event of Default occurs, Maker promises
to pay all costs of enforcement and collection, including but not limited to,
Holder's attorneys' fees, whether or not any action or proceeding is brought to
enforce the provisions hereof.

     11. Severability. Every provision of this Note is intended to be severable.
In the event any term or provision hereof is declared by a court of competent
jurisdiction, to be illegal or invalid for any reason whatsoever, such
illegality or invalidity shall not affect the balance of the terms and
provisions hereof, which terms and provisions shall remain binding and
enforceable.

     12. Interest Rate Limitation. Holder and Maker stipulate and agree that
none of the terms and provisions contained herein or in the Agreement shall ever
be construed to create a contract for use, forbearance or detention of money
requiring payment of interest at a rate in excess of the maximum interest rate
permitted to be charged by the laws of the State of Arizona. In such event, if
any Holder of this Note shall collect monies which are deemed to constitute
interest which would otherwise increase the effective interest rate on this Note
to a rate in excess of the maximum rate permitted to be charged by the laws of
the State of Arizona, all such sums deemed to constitute interest in excess of
such maximum rate shall, at the option of Holder, be credited to the payment of
the sums due hereunder or returned to Maker.

     13. Number and Gender. In this Note the singular shall include the plural
and the masculine shall include the feminine and neuter gender, and vice versa,
if the context so requires.

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     14. Headings. Headings at the beginning of each numbered paragraph of this
Note are intended solely for convenience and are not to be deemed or construed
to be a part of this Note.

     15. Choice of Law. This Note shall be governed by and construed in
accordance with the laws of the State of Nevada. Any action to enforce this Note
shall be brought in state or federal courts located in Maricopa County, Arizona.

     16. Miscellaneous.

     (a) All notices and other communications provided for hereunder shall be in
writing and shall be delivered by United States mail, certified or registered,
return receipt requested to the respective party at the address provided in the
Agreement or otherwise provided for such purpose.

     (b) No failure or delay on the part of Holder or any other holder of this
Note to exercise any right, power or privilege under this Note and no course of
dealing between Maker and Holder shall impair such right, power or privilege or
operate as a waiver of any default or an acquiescence therein, nor shall any
single or partial exercise of any such right, power or privilege preclude any
other or further exercise thereof or the exercise of any other right, power or
privilege. The rights and remedies herein expressly provided are cumulative to,
and not exclusive of, any rights or remedies, which Holder would otherwise have.
No notice to or demand on Maker in any case shall entitle Maker to any other or
further notice or demand in similar or other circumstances or constitute a
waiver of the right of Holder to any other or further action in any
circumstances without notice or demand.

     (c) Maker and any endorser of this Note hereby consent to renewals and
extensions of time at or after the maturity hereof, without notice, and hereby
waive diligence, presentment, protest, demand and notice of every kind.

     (d) Maker may not assign its rights or obligations hereunder without prior
written consent of Holder. Subject to compliance with applicable federal and
state securities laws, Holder may (i) assign all or any portion of this Note
without the prior consent of Maker or (ii) sell or agree to sell to one or more
other persons a participation in all or any part of the Note without the prior
consent of Maker. Upon surrender of the Note, Maker shall execute and deliver
one or more substitute notes in such denominations and of a like aggregate
unpaid principal amount or other amount issued to Holder and/or to Holder's
designated transferee or transferees. Holder may furnish any information in the
possession of Holder concerning Maker, or any of its respective subsidiaries,
from time to time to assignees and participants (including Prospective assignees
and participants).

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IN WITNESS WHEREOF, Maker has caused this Note to be duly executed and delivered
as of the day and year and at the place first above written.

MAKER:

American Soil Technologies, Inc., a Nevada corporation

/s/ Carl P. Ranno
----------------------------------
BY:  Carl P. Ranno
ITS: President and CEO

                                       5Exhibit 10.30

                         PROFESSIONAL SERVICES AGREEMENT

This Professional Services Agreement ("Agreement") is effective as of this 28th
day of February, 2006 ("Effective Date") by and between American Soil
Technologies, Inc., ("AST") with offices located at 12224 Montague Street,
Pacoima, California 91331 and Grosvenor Financial Partners, LLC ("Grosvenor") a
Delaware corporation, or their assignees, with its principal office located at
50 Division Avenue, Suite 57 Millington, New Jersey 07946 (each a "Party,"
collectively the "Parties").

WHEREAS, Grosvenor will provide Advisory and Consulting Services in connection
with qualifying suitable Strategic Partners and other business opportunities
("Consulting Services")

WHEREAS, AST desires to retain Grosvenor to provide Advisory and Consulting
Services to AST and Grosvenor desires to provide such Advisory and Consulting
Services;

WHEREAS, AST is endeavoring to obtain Strategic Partnerships in order to further
develop, expand and enhance its business. The business of the AST shall be
hereinafter referred to as the "Venture" and;

NOW THEREFORE, in consideration of the foregoing and of the mutual covenants and
conditions contained herein, AST and Grosvenor (when used together these
companies are sometimes collectively referred to herein as the "Parties") hereto
agree as follows:

1 Company Requirements

1.1 Requirements. Grosvenor shall use its best efforts to assist AST in
positioning itself to various types of prospective Strategic Partners in order
to obtain agreements for the Venture and to introduce AST to various prospective
Strategic Partnership sources. Potential Strategic Partnership sources and any
of their affiliates introduced to AST by Grosvenor shall be hereinafter referred
to as ("Client)"or Clients). A Strategic Partner shall be considered to have
been introduced to AST by Grosvenor if such Introduction is submitted to AST by
Grosvenor by being added to or listed on "Exhibit A" attached hereto, under the
column "Name of Introduction", any additions to "Exhibit A" are to be submitted
via fax or email. All Strategic Partners submitted by Grosvenor to AST are to be
approved or challenged within twenty-four hours (24), if not challenged the
Strategic Partner shall become part of "Exhibit A" and are covered under the
stipulations of sections 1.6 and 1.7. Grosvenor shall also perform the
following, if requested by AST:

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     a)   Review and analyze AST's business information, information packages
          and business plan in order to assist AST in determining the type of
          Strategic Partners required by AST for the Venture. In addition,
          Grosvenor will be allowed to review all paper documents by
     b)   AST at any time including public records, due diligence documents,
          contracts signed by AST, employment agreements, letters of intent,
          etc.
     c)   If needed and requested by AST, Grosvenor will advise, review and/or
          comment on a written documents for presentation by AST for the purpose
          of sending out to potential Strategic Partners.
     d)   Advise AST as to the types of Strategic Partnership sources generally
          available.
     e)   Introduce the AST to various Strategic Partner sources for the
          Venture. The Strategic Partnership introductions will be on a "best
          efforts" basis as there can be no guarantee that Grosvenor will
          actually succeed finding a Strategic Partnership for AST.
     f)   Assist AST in reviewing any offer received from a Strategic Partner
          and help resolve conflicts to the terms of such offer.
     g)   Advise AST as to the manner in which AST can position and structure
          itself, if appropriate; in order to maximize its attractiveness to
          various types of Strategic Partners. Grosvenor shall not negotiate
          with such Strategic Partners nor is Grosvenor authorized to represent
          AST in any discussions with such Strategic Partners. Grosvenor's sole
          function with respect to the Strategic Partners is to provide
          introductions.

1.2 Duties of AST. shall be solely responsible for the decision as to whether to
accept any Strategic Partner introduced by Grosvenor. AST shall be under no
obligation to accept any offer or to close any offer of any Strategic Partner.
AST understands and acknowledges that this Agreement is by no means a guarantee
of completing a Strategic Partnership of any kind through the introduction by
Grosvenor of any Strategic Partner, and all work performed by Grosvenor is on a
"best efforts" basis.

1.3 Introduction. Grosvenor shall be deemed to have introduced a Strategic
Partner to AST if the Strategic Partners name was submitted to AST by Grosvenor,
via fax or email, as a potential Client, in accordance with Section 1.1, and
Grosvenor did initially advised the Client of the AST's interest. Assuming
compliance with Section 1.1, the introduction shall be deemed to have been made
by Grosvenor within twenty-four hours of Grosvenor providing the Funder's name
to AST as a potential Client.

1.4 Strategic Partner Lists. Grosvenor shall provide AST with a detailed list,
attached hereto as Exhibit A or attached in a Microsoft document entitled
Exhibit A including names of each potentially interested Client, which has been
contacted by Grosvenor within thirty (30) days of such prospective Funder
expressing an interest in the Venture. AST may solicit any potential source,
which it deems appropriate, without the consent of Grosvenor, except those
Strategic Partners, which have been previously contacted by Grosvenor.

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1.5 Use of Materials. In contacting potential Funders, Grosvenor shall have the
right to utilize the information concerning the Venture, which has been imparted
to it by AST, or its agents. The information contained in the materials which
AST has prepared for Grosvenor's use in connection with locating potential
Clients. Grosvenor acknowledges that any AST trade secret information imparted
to Grosvenor by AST regarding the Venture ("Proprietary Information") is for the
exclusive use of Grosvenor in connection with the location of a Strategic
Partner for the AST and may be disclosed in accordance with the terms of this
Agreement and Grosvenor shall not disclose any such Proprietary Information to
any third party other than a prospective Client, or to an agent, representative,
employee or officer of a prospective Client, without the consent of the AST. AST
also represents that all Proprietary Information provided by AST to Grosvenor is
true and accurate.

1.6 Term & Non-Circumvention. The term of the AST portion of this Agreement
shall be for a period of three (3) years from the date of listing on Exhibit A,
as a result of an introduction made by Grosvenor, listed and sent via email to
AST on Exhibit A. Grosvenor shall be retained as a consultant for any and all
agreements provided by a Strategic Partner which is introduced to AST, in
accordance with Section 1.1 of this Agreement, as long as the "term sheet" or
"letter of intent" is mutually signed by both AST and the Client within three
(3) years from the "Date of Introduction" on Exhibit A hereto. AST also agrees
to acknowledge receipt of, names via email and adhere to the guidelines set
forth in "Exhibit B" of this Agreement entitled "Non-Circumvention Agreement"
between the AST and Grosvenor.

1.7 Retainer. AST agrees to pay Grosvenor as a consultant for a period of five
months. Grosvenor will be paid a fee of cash of $2,500.00 per month upon the
signing of this agreement and payable on the first day of each month and on the
first of each of the following five months. Grosvenor's consulting fee will be
paid into an established account for Grosvenor at Wells Fargo Bank said fee
which is non refundable.

1.8 Consulting Fees. If AST enters into a Strategic Partnership agreement with a
Client introduced by Grosvenor, AST agrees to retain Grosvenor, as an advisor to
AST, for a period twelve (12) months immediately upon the signing such
agreement. AST agrees to pay Grosvenor an amount of $5,000.00 per month during
consecutive twelve-month period, commencing upon signing by a client, with
one-year extensions to be mutually agreed upon. AST shall be under no obligation
to accept any offer of a Strategic Partnership agreement with a Client
introduced by Grosvenor. AST understands and acknowledges the minimum
twelve-month obligation this Agreement if AST signs a Strategic Partnership
agreement with a Client introduced by Grosvenor.

Expense Reimbursement. Grosvenor shall be reimbursed for all pre-approved
expenses incurred which are approved for in writing by AST. Such reimbursable
expenses would include travel, entertainment, lodging, etc. which needs to be

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approved in writing beforehand by AST on a case-by-case basis. AST will not be
responsible for any outside expenses that is not pre-approved by AST.

1.9 Best Efforts. Grosvenor shall use its reasonable best efforts to locate an
appropriate Strategic Partnership sources for the Venture. However, there can be
no assurance that Grosvenor will be successful in locating such a Strategic
Partner acceptable to AST.

II. General Provisions

2.1 Entire Agreement; Amendment. This Agreement contains the entire agreement
between these Parties with respect to the subject matter hereof and there are no
promises, covenants, or representations, which are not contained herein. This
Agreement may not be amended or modified except by a written agreement executed
by two of the Parties hereto. This Agreement shall be binding upon and shall
inure to the benefit of the successors and assigns of the Parties hereto. This
Agreement is final and supersedes over all other prior agreements made before
the date hereof, whether written or oral. Nothing in this Agreement shall be
interpreted to provide that Grosvenor and AST are partners, joint ventures or
assignees of the other. Grosvenor shall remain an independent contractor
providing advisory services to AST.

2.2 Notices . All notices under this Agreement shall be in writing and shall be
served by personal service, regular mail, or acknowledged via email. Notices
sent by email shall be addressed to each part at its respective email address,
which shall be agreed upon later. Each party may notify the other party of a
different email address to which notices shall be sent in writing to the then
current address.

2.3 Governing Law. This Agreement shall be governed by, and constructed under
the laws of the state of California. Should the Grosvenor Advisory fee be deemed
subject to specific California laws or regulations this agreement shall remain
valid and any compliance required shall be supported and implemented by both
parties.

2.4 Indemnification. AST hereby also agrees to indemnify and hold harmless
Grosvenor, as more fully outlined in Exhibit C attached hereto as a legal and
binding part of this Agreement, and each of its agents, employees and
representatives from, and against any and all losses, claims, damages, and
liabilities, joint or several, including attorney's fees, to which any such
person may become subject insofar as such losses, claims, damages or liabilities
arise out of, or are based upon, the truthfulness or accuracy of any information
provided by AST to Grosvenor.

2.5 Parties Bound. The Parties to this Agreement hereby state they have the
authority to enter into this Agreement. The promises made herein shall be
binding upon all undersigned parties, and are the joint and several obligations
of each of the undersigned. Each party will take responsible steps to insure
that their associates, employees, agents, representatives and officers abide by
the provisions of this Agreement.

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The parties hereto, and each of them, further represent and declare that they
have carefully read this Contract and know the contents thereof and sign the
same freely and voluntarily, and each of the parties hereto have been given the
opportunity to confer with counsel.

2.6 Arbitration. Any controversy or claim between or among the parties,
including but not limited to those arising out of or relating to this Agreement
or any agreements or instruments relating hereto or delivered in connection
herewith and any claim based on or arising from an alleged tort, shall at the
request of any party be determined by arbitration. The arbitration shall be
conducted in San Francisco, California in accordance with the United States
Arbitration Act (Title 9, U.S. Code), notwithstanding any choice of law
provision in this Agreement, and under the Commercial Rules of the American
Arbitration Association ("AAA"). The arbitrator(s) shall give effect to statutes
of limitation in determining any claim.

2.7 Arbitration (continued) Any controversy concerning whether an issue is
arbitrable shall be determined by the arbitrator(s). Judgment upon the
arbitration award may be entered in any court having jurisdiction. The
institution and maintenance of an action for judicial relief or pursuit of a
provisional or ancillary remedy shall not constitute a waiver of the right of
any party, including the plaintiff, to submit the controversy or claim to
arbitration if any other party contests such action for judicial relief.

2.8 Not a Joint Venture. It is agreed and understood that each party herein is
acting on its own behalf and nothing in this Agreement shall be deemed to create
any relationship of partnership, joint venture or any other form of cotenancy.
AST acknowledges that it is relying upon its own legal, accounting, brokerage
and professional counsel in connection with all actions to be taken pursuant to,
or contemplated by this Agreement.

2.9 Severability. If a court of competent jurisdiction declares any provision of
this Agreement void, illegal, or unenforceable, the remainder of this Agreement
shall be valid and enforceable to the extent permitted by applicable law. In
such event, the parties shall use their best efforts to replace the invalid or
unenforceable provisions by a provision that, to the extent permitted by the
applicable law, achieves the purposes intended under the invalid or
unenforceable provision. Any deviation by either party from the terms and
provisions of this Agreement to comply with applicable laws, rules or
regulations shall not be considered a breach of this Agreement.

3.0 Waiver of Compliance. Any failure by any party hereto to enforce any term of
this Agreement shall not be considered a waiver of that party's right thereafter
to enforce each and every item and condition of this Agreement.

3.1 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. Facsimile signatures shall be valid to bind the
parties if original signatures are thereafter obtained.

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IN WITNESS WHEREOF, the parties hereunto have executed the Agreement on the day
and year set forth below. This agreement is to be ratified by providing a signed
copy of a resolution of AST authorizing and approving this agreement to
GROSVENOR within ten (10) business days.

     Agreed & Accepted,                            Agreed & Accepted,
         ("AST")                                     ("Grosvenor")

/s/ Carl P. Ranno                       /s/ Robert W. George II
------------------------------------    --------------------------------------
Carl P. Ranno                           Robert W. George II
President & CEO                         Managing Director

                                       6
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                        GROSVENOR FINANCIAL PARTNERS, LLC

                                    EXHIBIT A

       SCHEDULE OF INTRODUCTIONS MADE TO AMERICAN SOIL TECHNOLOGIES, INC.

NAME OF INTRODUCTION                DATE OF INTRO                 ORGANIZATION
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                                    EXHIBIT B

             NON-CIRCUMVENTION AGREEMENT & NON-DISCLOSURE AGREEMENT

That AST hereto desires to transact business together with Grosvenor. In
consideration of the mutual promises herein, the undersigned Parties, intending
to be legally bound, hereby irrevocably agree not to attempt to circumvent,
avoid, or bypass each other with respect to the introductions made to AST by
Grosvenor by any officer or director, either directly or indirectly for the
purpose of avoiding payment of consulting or advisory fees, compensation or
otherwise, by way of any corporation, trust partnership, or other entity, or
individually, by either party to the other, in conjunction with transaction or
transactions of business involving said Parties.

The Parties will neither disclose nor reveal to any third party, in any manner,
any confidential information provided by the other including, but not limited
to, names, addresses, emails, facsimile, and telephone numbers or any means or
access thereto, including bank information, code or reference and/or privileged
information without the specific prior written consent of the other party.

It is further agreed that, should AST attempt to circumvent Grosvenor the total
of all fees, expenses, and commissions will be immediately due and payable to
Grosvenor. Regardless of any prior compensation agreements signed by all
Parties, should circumvention be attempted by AST, the minimum cash compensation
due to Grosvenor will be ten percent (10.0%) of any funds that were being
pursued for by AST and ten percent (10.0%) stock of the total number of shares
of stock sold to Grosvenor Strategic Partners.

All transactions will continue to be governed by the terms and conditions of
this Agreement (including Exhibit A and Exhibit B) until the term is ended as
mentioned in Section 1.6 of this Agreement.

For the convenience of the Parties, the use of email-transmitted copies of this
Agreement will be legally binding upon them. The Parties will also have the
right to seek the appropriate and/or injunctive relief to prevent a violation or
continuing violation of this Agreement in a court designated as follows. The
venue for all arbitration hearings or proceedings and any court actions will be
in San Francisco in the State of California.

This agreement may be amended by written addendum signed by all Parties hereto
or their authorized agents. Further, any changes will be incorporated as part of
this agreement.
<PAGE>
     Agreed & Accepted,                            Agreed & Accepted,
         ("AST")                                     ("Grosvenor")

Date:                                   Date:

/s/ Carl P. Ranno                       /s/ Robert W. George II
------------------------------------    --------------------------------------
Carl P. Ranno                           Robert W. George II
President & CEO                         Managing Director
<PAGE>
                                    EXHIBIT C

                            INDEMNIFICATION AGREEMENT

AST agrees to indemnify and hold harmless Grosvenor and all of its agents,
employees, affiliates, control persons, successors in interest or any other
individuals which Grosvenor may contract out to assist in providing Advisory
Services, and assigns (each an "Indemnitee" and collectively the "Indemnitees")
from and against, without limitation, any and all liability, losses, claims,
damages, obligations, legal proceedings, causes of action, suits,
investigations, penalties, judgments, awards, costs, expenses, and disbursements
(collectively "Losses") directly or indirectly caused by, relating to, based
upon, arising out of or in connection with (a) any material or negligent act or
omission by any Indemnitee while acting on behalf of AST in any fashion, (b) any
material, actual untrue statement of a material fact contained in or any actual
omission of from written information furnished by AST to any Indemnitee, (c)
investigation, preparing, or defending any related action, suit, proceeding, or
investigation, whether or not in connection with litigation in which any
Indemnitee is a party as a result of any material, and negligent act or
omission.

If any action, suit, proceeding or investigation is commenced, as to which any
Indemnitee proposes to demand indemnification, the Indemnitee shall notify AST
with reasonable promptness; provided, however, failure by an Indemnitee to
notify AST shall not relieve AST from its obligations hereunder.

AST shall have the right to control the defense and settlement of any such
action, suit, proceeding or investigation; will assume the defense and
settlement of any such action, suit, proceeding or investigation:
notwithstanding the obligation of AST to employ counsel in connection with any
such action, suit, proceeding, or investigation, an Indemnitee will be entitled
to employ counsel separate from counsel of AST and from any other party in such
action if such Indemnitee reasonably determines that representation by counsel
chosen by AST constitutes a conflict on any significant issue between the
positions of such Indemnitee and AST or any other party represented by counsel
chosen by AST of if AST fails to provide counsel reasonably satisfactory to the
Indemnitee in a timely manner.

In no event will AST be responsible for the fees and expenses of more than one
counsel (in addition to any necessary local counsel) for all Indemnities at any
time in connection with any action, suit, proceeding or investigation or
separate but substantially similar or related actions, suits, proceedings, or
investigations in the same jurisdiction. AST shall be liable for any payment of
any award or settlement of any claim against any indemnitee made with AST's
written consent, which consent shall not be unreasonably withheld.

AST shall not, without the prior written consent of the Indemnitee seeking
indemnification, which shall not be withheld unreasonably, settle or compromise
<PAGE>
any claim, or permit a default or consent to the entry of any judgment in
respect thereof, unless such settlement, compromise or consent includes an
unconditional release from all liability for the Indemnitee. In no event shall
AST be liable for special, incidental, or consequential damages.

These Indemnification Provisions shall be in addition to any liability, which
AST may otherwise have to the Indemnitees or prospective purchasers in the
transaction contemplated by the Engagement Letter. Notwithstanding any other
provision hereof, these Indemnification Provisions shall not apply to any
portion of Losses to the extent it is found in a final judgment by a court of
competent jurisdiction (not subject to further appeal) to have resulted
primarily and directly from the negligence or willful misconduct of the
Indemnitee seeking indemnification hereunder. Neither termination nor completion
of the engagement of Grosvenor pursuant to the Engagement Letter shall affect
these Indemnification Provisions, which shall remain operative and in full force
and effect.

     Agreed & Accepted,                            Agreed & Accepted,
         ("AST")                                     ("Grosvenor")

/s/ Carl P. Ranno                       /s/ Robert W. George II
------------------------------------    --------------------------------------
Carl P. Ranno                           Robert W. George II
President & CEO                         Managing Director

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