Document:

Exhibit
      10.11

    

    EMPLOYMENT
      AGREEMENT

    

    THIS
      EMPLOYMENT AGREEMENT (the "Agreement")
      is
      made as of this [7th]
      day of
      September, 2006 between Xethanol Corporation (the "Company")
      and
      Thomas Endres (the "Executive").

    

    WHEREAS,
      the parties hereto wish to enter into an employment agreement to employ the
      Executive as the Company’s Senior Vice President - Operations and to set forth
      certain additional agreements between the Executive and the
      Company.

    

    NOW,
      THEREFORE, in consideration of the mutual covenants and representations
      contained herein, the parties hereto agree as follows:

    

    1.
      Employment
      Period.

    

    The
      Company will employ the Executive, and the Executive will serve the Company,
      under the terms of this Agreement during a term of eighteen (18) months (the
      "Employment
      Period")
      commencing as of the date first above written (the "Commencement
      Date")
      and
      ending on March [6],
      2008
      (the "Expiration
      Date",
      and
      the period of time described in this Section 1 being the "Term").

    

    2.
      Duties
      and Status.

    

    The
      Company hereby engages the Executive as the Senior Vice President - Operations
      of the Company, or in such other capacity as the Board of Directors of the
      Company shall determine, in its sole discretion, on the terms and conditions
      set
      forth in this Agreement. During the Employment Period, the Executive shall
      exercise such authority, perform such duties and functions and discharge such
      responsibilities as are reasonably associated with the Executive's position,
      commensurate with the authority vested in the Executive by the Company’s
      President and Board of Directors and consistent with this Agreement and the
      Bylaws of the Company. During the Employment Period, the Executive shall devote
      his full business time, skill and efforts to the business of the Company.
      Notwithstanding the foregoing, the Executive may make and manage passive
      personal business investments of his choice and serve in any capacity with
      any
      civic, educational or charitable organization, or any trade association, without
      seeking or obtaining approval by the Board of Directors, provided such
      activities and service do not materially interfere or conflict with the
      performance of his duties hereunder. 

    

    3. Compensation
      and Benefits.

    

    (a)
       Salary.
      During
      the Employment Period, the Company shall pay to the Executive, as compensation
      for the performance of his duties and obligations under this Agreement, a base
      salary at the rate of $150,000 per annum, payable in arrears not less frequently
      than monthly and in accordance with the normal payroll practices of the Company.
      

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (b)
       Equity
      Participation.

    

    (i)  Effective
      on the Commencement Date, the Company shall grant the Executive an option to
      acquire 30,000 shares of its $.001 par value common stock at the closing price
      of such Common Stock on the Commencement Date. Such options shall be for a
      10-year term and shall otherwise be on the terms and subject to the conditions
      that are contained in the Company’s 2005 Incentive Compensation Plan (the
“Plan”).
      Such
      options shall vest on the earliest of (a) December 31, 2006, if Executive is
      then employed by the Company, (b) the date on which Executive’s employment with
      the Company is terminated by the Company other than for “cause”, as such term is
      defined in Section 4.1(a) or (c) the date on which Executive terminates his
      employment with the Company for “good reason” as such term is defined in Section
      4.1(b). If Executive’s employment with the Company is terminated before December
      31, 2006 by the Company for “cause” or by Executive without “good reason”, such
      option shall not vest.

    

    (ii) In
      addition to the options described in the foregoing clause (i), the Board of
      Directors in its sole discretion may determine to grant the Executive additional
      awards under the Plan and/or under any other stock option or equity based
      incentive compensation plan or arrangement adopted by the Company during the
      Employment Period for which the Company's senior executives are eligible. The
      level of the Executive's participation in any such plan or arrangement, if
      any,
      shall be determined by the Board of Directors in its sole discretion. Without
      limiting the foregoing, the Company’s Board of Directors shall consider granting
      Executive additional stock options pursuant to the Plan on the later of January
      1, 2007 or the date that is 60 days after the commencement of employment of
      a
      person designated as the Company’s Chief Executive Officer (other than its
      present acting Chief Executive Officer); provided that the Company shall have
      no
      obligation to grant any such additional options.

    

    (iii)
       To
      the
      greatest extent permissible in accordance with applicable IRS regulations,
      options to acquire Company stock which may be granted to the Executive shall
      be
      in the form of qualified options. Any options which cannot be granted in the
      form of qualified options will be granted to the Executive as non-qualified
      options.

    

    (c)
       Other
      Benefits.
      During
      the Employment Period, the Executive shall be entitled, at his option, to
      participate in all of the employee benefit plans, programs and arrangements
      of
      the Company in effect during the Employment Period which are generally available
      to senior executives of the Company. Such participation shall be subject to
      and
      on a basis consistent with the terms, conditions and overall administration
      of
      such plans, programs and arrangements. In addition, during the Employment
      Period, the Executive shall be entitled to fringe benefits and perquisites
      comparable to those of other senior executives of the Company. Such fringe
      benefits shall include, but not be limited to, four (4) weeks of vacation pay
      per year, to be used in accordance with the Company's vacation pay policy for
      senior executives.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (d)
       Business
      Expenses.
      During
      the Employment Period, the Company shall promptly reimburse the Executive for
      all appropriately documented, reasonable business expenses incurred by the
      Executive in the performance of his duties under this Agreement, in accordance
      with the Company's policies as then in effect.

    

    4.
      Termination
      of Employment.

    

    (a)
       Termination
      for Cause.
      The
      Company may terminate the Executive's employment hereunder for cause. For
      purposes of this Agreement and subject to the Executive's opportunity to cure
      as
      provided in Section 4(c) hereof, the Company shall have "cause" to terminate
      the
      Executive's employment hereunder if such termination shall be the result of
      the
      Executive's:

    

    (i)
      willfully
      engaging in conduct which is materially injurious to the Company;

    

    (ii)
      willful
      fraud or material dishonesty in connection with his performance
      hereunder;

    

    (iii)
      deliberate
      or intentional failure to substantially perform his duties hereunder that
      results in material harm to the Company;

    

    (iv)
      the
      conviction for, or plea of nolo contendere to a charge of, commission of a
      felony; or

    

    (v)
      the
      continuous and habitual failure by the Executive to substantially perform his
      duties under this Agreement.

    

    (b)
       Termination
      for Good Reason.
      The
      Executive shall have the right at any time to terminate his employment with
      the
      Company for "good reason". For purposes of this Agreement and subject to the
      Company's opportunity to cure as provided in Section 4(c) hereof, the Executive
      shall have "good reason" to terminate his employment hereunder in the following
      cases:

    

    (i) a
      breach
      by the Company of the compensation and benefits provisions set forth in Section
      3 hereof;

    

    (ii) a
      material breach by the Company of any of the terms of this Agreement, other
      than
      as specifically provided herein; or

    

    (iii)
      the
      relocation of Executive's principal place of business
      at the request of the Company beyond 50 miles from its current
      location

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    The
      Company shall have the right to change or diminish Executive's duties,
      responsibilities or title, and no such action shall constitute grounds for
      the
      Executive to terminate his employment with the Company for "good
      reason".

    

    (c)
       Notice
      and Opportunity to Cure.
      Notwithstanding the foregoing, except in the situations described in sections
      4(a)(i) through 4(a)(iv), the Company may not terminate the Executive's
      employment for "cause" and the Executive may not terminate his employment for
      "good reason" unless (i) the party seeking to terminate the Executive's
      employment shall have first provided the other party with written notice of
      the
      intended termination and the reason for such termination ("breach") and (ii)
      if
      such breach is susceptible of cure or remedy, a period of twenty (20) days
      shall
      have elapsed between the delivery of such notice and the termination of this
      Agreement without the breaching party having, in the opinion of the party
      alleging a breach, effectively cured or remedied such breach.

    

    (d)
       Termination
      Upon Death or Permanent and Total Disability.
      The
      Employment Period shall be terminated by the death of the Executive. The
      Employment Period may be terminated by the Board of Directors if the Executive
      shall be rendered incapable of performing his duties to the Company by reason
      of
      any medically determined physical or mental impairment that can be expected
      to
      result in death or that can be expected to last for a period of either (i)
      six
      or more consecutive months from the first date of the Executive's absence due
      to
      the disability or (ii) nine months during any twelve-month period (a
      "Permanent
      and Total Disability").
      If
      the Employment Period is terminated by reason of Permanent and Total Disability
      of the Executive, the Company shall give 30 days' advance written notice to
      that
      effect to the Executive.

    

    5.
      Consequences
      of Termination.

    

    (a)
       Without
      Cause or for Good Reason.
      In the
      event of a termination of the Executive's employment during the Employment
      Period (i) by the Company other than for "cause" (as provided for in Section
      4(a) hereof), (ii) by the Executive for "good reason" (as provided for in
      Section 4(b) hereof) or (iii) due to death or disability (as provided for in
      Section 4(d) hereof) the Company shall pay the Executive and provide him with
      the following:

    

    (i)
      Salary.
      The
      Executive's then current base salary payable for the remainder of the Employment
      Period, in accordance with the timetable and schedule contemplated for such
      payments, as though such termination had not occurred.

    

    (ii) Equity.
      Any
      existing stock options or other similar awards outstanding at the date of
      termination shall immediately vest and will, in all other respects, continue
      to
      be governed by, and continued in accordance with, their applicable plan and
      grant documents.

    

    (iii)
       Other
      Benefits.
      Continued coverage under all health, life, disability and similar employee
      benefit plans and programs of the Company on the same basis as the Executive
      was
      entitled to participate immediately prior to such termination for the remainder
      of the Employment Period; provided that the Executive's continued participation
      is possible under the general terms and provisions of such plans and programs.
      In the event that the Executive's participation in any such plan or program
      is
      barred, the Company shall arrange to provide the Executive with benefits
      substantially similar to those which the Executive would otherwise have been
      entitled to receive under such plans and programs from which his continued
      participation is barred. If Executive is covered under substitute benefit plans
      of another employer prior to the expiration of the Employment Period, the
      Company will no longer be required to continue the respective coverage described
      in this Section 5(a)(iii).

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (b)
       Other
      Termination of Employment.
      In the
      event that the Executive's employment with the Company is terminated during
      the
      Employment Period (i) by the Company for "cause" (as provided for in Section
      4(a) hereof),or (ii) by the Executive other than for "good reason" (as provided
      for in Section 4(b) hereof), the Company shall pay the Executive (or his legal
      representative) any earned but unpaid salary through the Executive's final
      date
      of employment with the Company, and the Company shall have no further
      obligations to the Executive.

    

    (c)
       Withholding
      of Taxes.
      All
      payments required to be made by the Company to the Executive under this
      Agreement shall be subject to the withholding of such amounts, if any, relating
      to tax, social security, excise tax and other payroll deductions as the Company
      may reasonably determine it should withhold pursuant to any applicable law
      or
      regulation.

    

    (d)
       No
      Other Obligations.
      The
      benefits payable to the Executive under this Agreement are not in lieu of any
      benefits payable under any employee benefit plan, program or arrangement of
      the
      Company, except as provided specifically herein, and upon termination the
      Executive will receive such benefits or payments, if any, as he may be entitled
      to receive pursuant to the terms of such plans, programs and arrangements.
      Except for the obligations of the Company provided by the foregoing and this
      Section 5, the Company shall have no further obligations to the Executive upon
      his termination of employment.

    

    (e)
       No
      Mitigation or Offset.
      The
      Executive shall be required to mitigate the damages provided by this Section
      5
      by seeking substitute employment or otherwise and there shall be offset by
      the
      Executive with respect to the payments or benefits set forth in this Section
      5
      and compensation received by virtue of such substitute employment or other
      activity.

    

    6. Indemnity.

    

    The
      Company shall, to the fullest extent permitted by law and by its Certificate
      of
      Incorporation and Bylaws, indemnify Executive and hold him harmless for any
      acts
      or decisions made by him in good faith while performing his duties pursuant
      to
      this Agreement.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    7.
      Notices.

    

    All
      notices, requests and other communications pursuant to this Agreement shall
      be
      in writing and shall be deemed to have been duly given, if delivered in person
      or by courier, telegraphed, telexed or by facsimile transmission or sent by
      express, registered or certified mail, postage prepaid, addressed as
      follows:

     

    If
      to the
      Executive:

     

    Lt.
      Col.
      Thomas Endres

    1
      Howland
      Road

    Garrison,
      NY 10524

    

    If
      to the
      Company:

     

    Xethanol
      Corporation

    1185
      Avenue of the Americas, 20th
      Floor

    New
      York,
      NY 10036

    Attn:
      President

    

    Either
      party may, by written notice to the other, change the address to which notices
      to such party are to be delivered or mailed.

    

    8
      Arbitration.

    

    Except
      as
      specifically provided herein, any dispute or controversy arising under or in
      connection with this Agreement shall be settled exclusively by arbitration,
      conducted before a single arbitrator in the State of New York, in accordance
      with the rules of the American Arbitration Association then in effect. Judgment
      may be entered on the arbitrator's award in any court having jurisdiction.
      Except in the case of disputes or controversies arising from circumstances
      described in sections 4(a)(i) through 4(a)(iv) of this Agreement, the Company
      shall bear the expense of any such arbitration proceeding and shall reimburse
      the Executive, regardless of the outcome, for all of his reasonable costs and
      expenses relating to such arbitration proceeding, including, without limitation,
      reasonable attorneys' fees and expenses.

    

    9.
      Waiver
      of Breach.

    

    Any
      waiver of any breach of this Agreement shall not be construed to be a continuing
      waiver or consent to any subsequent breach on the part either of the Executive
      or of the Company.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    10.
      Non-Assignment;
      Successors.

    

    Neither
      party hereto may assign his or its rights or delegate his or its duties under
      this Agreement without the prior written consent of the other party; provided,
      however, that the parties hereto hereby agree in advance that (i) this Agreement
      may be assigned to, and shall inure to the benefit of and be binding upon,
      the
      successors and assigns of the Company upon any sale of all or substantially
      all
      of the Company's assets, or upon any merger, consolidation or reorganization
      of
      the Company with or into any other corporation, all as though such successors
      and assigns of the Company and their respective successors and assigns were
      the
      Company; and (ii) this Agreement shall inure to the benefit of and be binding
      upon the heirs, assigns or designees of the Executive to the extent of any
      payments which may become due to them hereunder. As used in this Agreement,
      the
      term "Company" shall be deemed to refer to any such successor or assign of
      the
      Company referred to in the preceding sentence.

    

    11.
      Severability.

    

    To
      the
      extent any provision of this Agreement or portion thereof shall be invalid
      or
      unenforceable, it shall be considered deleted therefrom and the remainder of
      such provision and of this Agreement shall be unaffected and shall continue
      in
      full force and effect.

    

    12.
      Counterparts.

    

    This
      Agreement may be executed in one or more counterparts, each of which shall
      be
      deemed to be an original but all of which together will constitute one and
      the
      same instrument.

    

    13.
      Governing
      Law.

    

    This
      Agreement shall be construed, interpreted and enforced in accordance with the
      laws of the State of New York, without giving effect to the choice of law
      principles thereof.

    

    14.
      Survivability.

    

    Any
      covenant or agreement of the parties which by its term contemplates performance
      after the Expiration of this Agreement shall survive and remain in full force
      and effect notwithstanding the fact that the Employment Period has lapsed or
      that this Agreement or Executive's employment hereunder, has been
      terminated.

    

    15.
      Entire
      Agreement.

    

    This
      Agreement constitutes the entire agreement by the Company and the Executive
      with
      respect to the subject matter hereof and except as specifically provided herein,
      supersedes any and all prior agreements or understandings between the Executive
      and the Company with respect to the subject matter hereof, whether written
      or
      oral. This Agreement may be amended or modified only by a written instrument
      executed by the Executive and the Company.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    

    

    [Remainder
      of Page Intentionally Left Blank]

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the parties have executed this Agreement as
      of the
      date first above written.

     

    
      	 	 	 
	 	EXECUTIVE:
	 
 	 
 	 
 
	 	       
              	/s/ Thomas
              Endres
	 	Name:	
              
 Thomas
              Endres
	 	 

    

     

    
      	 	 	 
	 	Xethanol
              Corporation
	 
 	 
 	 
 
	 	By: 
              	/s/ Louis
              Bernstein
	 	Name:	
              
 Louis
              Bernstein
	 	Title:	 President and Chief Executive
              OfficerExhibit
      10.13

    

    CONSULTING
      AGREEMENT

    

    

    This
      Consulting Agreement is made by and between Christopher d’Arnaud-Taylor
      ("Consultant"), residing at 360 West 22nd
      Street,
      16B, New York, NY 10011 and Xethanol Corporation ("Xethanol"), a Delaware
      corporation, with its principal offices located at 1185 Avenue of the Americas,
      20th
      Floor,
      New York, NY 10036.

    

    1. Retention
      as Consultant. 

    

    a.  Xethanol
      hereby retains Consultant and Consultant hereby accepts such engagement and
      agrees to perform the services for Xethanol as hereinafter set forth. During
      the
      Term hereof, Consultant shall, utilizing his experience and expertise, serve
      as
      an advisor to the Board of Directors and the Chief Executive Officer (“CEO”) of
      Xethanol.

    

    b.  During
      the Term, Consultant shall devote a reasonable amount of his business time,
      attention and efforts to the business of Xethanol and shall hold himself ready
      to and shall provide strategic advice to the CEO in connection with the business
      of Xethanol, including, without limitation, evaluating particular contracts
      or
      transactions, as requested by the CEO. Should Consultant so desire, Xethanol
      shall provide him with adequate work space and administrative support as are
      reasonably necessary for carrying out the functions of his consulting work.
      

    

    c.  Consultant
      and Xethanol may agree that Consultant will render services to Xethanol that
      are
      outside the scope of this Agreement. Such services would be the subject of
      separate agreements between the Consultant and Xethanol that would define the
      nature and scope of such services and the compensation to be paid to Consultant
      for such services.

    2. Compensation.
      

    

    a.  Consultant
      shall be compensated by Xethanol for all services to be rendered by him pursuant
      to this Agreement by the payment to him of consulting fees in the amount of
      $15,000 per month, which amount shall be payable monthly in
      advance.

    

    b.  Xethanol
      shall reimburse Consultant for his reasonable out-of-pocket expenses incurred
      with respect to the performance of his consulting activities hereunder upon
      Consultant's presentation of vouchers, receipts, and such other evidence of
      expenses incurred as shall be reasonably required by Xethanol.

    

    c.  Xethanol
      may grant Consultant such stock options and warrants at such times, in such
      amounts and with such exercise prices as the Board of Directors of Xethanol
      may
      determine. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    3. Term.
      

    

    a.  The
      term
      of this Agreement (the “Term”) shall commence on the date set forth below and
      shall terminate on November 25, 2007, or on such earlier date as it may
      terminate as set forth below.

    

    b.  This
      agreement may be terminated prior to the end of the Term by written notice
      given
      by either party to the other.

    

    c.  In
      the
      event that this Agreement is terminated by Consultant prior to the end of the
      Term, Xethanol shall pay Consultant all amounts due him under this Agreement
      through the effective date of termination, including his expense reimbursement
      as provided in Section 2(c) and the benefits provided for in Section
      2(b).

    

    d.  In
      the
      event that this Agreement is terminated by Xethanol prior to the end of the
      Term, Xethanol shall pay Consultant all amounts due him under this Agreement
      through the effective date of termination., including his expense reimbursement
      as provided in Section 2(c) and shall pay Consultant a lump-sum termination
      fee
      equal to the lesser of: (1) the consulting fee for the number of months
      otherwise remaining in the Term and (2) six (6) months’
compensation.

     

    4.  Non-Disclosure.
      Consultant will not at any time (a) use any Confidential Information for his
      own
      benefit or for the benefit of any person or entity other than Xethanol; (b)
      disclose to any person or entity any Confidential Information; or (c) remove
      from Xethanol's premises or make copies of any Confidential Information, in
      any
      form; except, in each case, as may be required within the scope of Consultant's
      duties during the term of this Agreement, in which event Consultant will
      maintain and safeguard the confidentiality of such Confidential Information
      and
      will secure from any third parties to whom Consultant may in his best judgment
      disclose such information their written agreement expressly inuring to the
      benefit of Xethanol
      to
      maintain and safeguard its confidentiality and not to use it for the benefit
      of
      any person other than Xethanol.
      For
      purposes of this Agreement, "Confidential Information" means any trade secrets
      and all technical, research, operational, manufacturing, marketing, sales and
      financial policies, plans or information of Xethanol. Confidential Information
      does not include information, knowledge or data that was in Consultant’s
      possession prior to the commencement of this Agreement or information, knowledge
      or data which was or is in the public domain by reason other than the wrongful
      acts of Consultant; provided, however, that “Confidential Information” shall
      include information, knowledge and data that was in Consultant’s possession
      prior to the commencement of this Agreement (other than information, knowledge
      or data which was or is in the public domain other than by reason of the
      wrongful acts of Consultant) that Consultant was prohibited form disclosing
      or
      using by reason of any fiduciary obligation of Consultant to Xethanol
      or any
      agreement between Consultant and Xethanol
      .

    

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    5. Relationship.
      Consultant and Xethanol are and shall be independent contractors in their
      relationship with each other and neither is nor shall be considered an agent,
      employee, or legal representative of the other for federal or state tax purposes
      or for any other purposes whatsoever. Consultant has no express or implied
      authority to assume or create any obligation or responsibility on behalf of
      Xethanol or to bind Xethanol in any way. 

    

    6.
       General
      Provisions.

    

    a. Notices.
      Any
      notice required or desired to be given hereunder shall be effective if in
      writing and delivered personally or by certified mail, postage prepaid and
      return receipt requested, to a party hereto at the address for such party set
      forth herein or to such other address as a party may specify by written notice
      to the other party similarly given, and shall be effective when mailed or,
      if
      delivered by hand, when received.

    

    b. Benefit.
      This
      Agreement and the rights and obligations contained herein shall be binding
      upon
      and inure to the benefit of Xethanol, its successors and assigns, and upon
      Consultant, his/her legal representatives, heirs and distributees.

    

    c. Waiver.
      The
      waiver by either party of a breach of any provision of this Agreement shall
      not
      operate as or be construed as a waiver of any subsequent breach.

    

    d. Entire
      Agreement.
      This
      Agreement contains the entire agreement between the parties relating to the
      subject matter hereof and may not be altered or amended except by an instrument
      in writing signed by both parties hereto. This Agreement supersedes in its
      entirety the Consulting Agreement between Consultant and Xethanol dated August
      25, 2006 (the “Prior Agreement”); provided, however, that Xethanol shall be
      obligated to pay Consultant all amounts due him with respect to services
      rendered to Xethanol pursuant to the Prior Agreement prior to the date
      hereof.

    

    e. Severability.
      The
      invalidity or unenforceability of a particular provision hereof shall not affect
      the other provisions of this Agreement, and it shall be construed in all
      respects as if such invalid or unenforceable provision were
      omitted.

    

    f. Applicable
      Law.
      This
      Agreement shall be construed and enforced in accordance with the laws of the
      State of New York, without application of the choice of law provisions, and
      Consultant and Xethanol hereby consent to the jurisdiction of the appropriate
      courts of the State of New York with respect to any disputes relating to this
      Agreement.

    

    g.
      Disputes.
      In the
      event that a dispute arises relating to this Agreement, the parties
      agree to attempt to resolve the dispute informally, including through mediation.
      In the event that the parties are unable to resolve such disputes informally,
      the courts of New York shall have exclusive jurisdiction over any suits arising
      from or relating to such a dispute. 

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

     

    h. Headings.
      The
      headings contained herein are inserted for convenience only and do not
      constitute a part of this Agreement.

    

    i. Counterparts.
      This
      Agreement may be executed in one or more counterparts, each one of which shall
      be deemed an original instrument and all of which together shall constitute
      one
      and the same document.

    

    IN
      WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of
      December 1, 2006.

     

     

    
      	CONSULTANT:	 	Xethanol
              Corporation 
	 	 	 
	 	 	 
	/s/ Christopher
              d’Arnaud-Taylor	 	By:  
              	/s/ David
              Ames
	
              
Christopher
              d’Arnaud-Taylor	 	Name:	
              
 David
              Ames
	 	 	Title:	 President & Chief
              Executive Officer

    

     

    
      
        
        

      

      
        -4-

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