EX-10 6 form10a_102308exh1012.htm EXH 10.12 Exhibit 10.12

*PORTIONS  OF THIS  AGREEMENT  HAVE  BEEN  OMITTED  PURSUANT  TO A  REQUEST  FOR
CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED  SEPARATELY WITH THE SECURITIES AND
EXCHANGE COMMISSION.

                                    AGREEMENT
                        BETWEEN OWNER AND DESIGN/BUILDER
                       ON THE BASIS OF A STIPULATED PRICE

THIS AGREEMENT is made and entered into this 25th day of September , 2006 by and
between Southwest Iowa Renewable Energy, LLC an Iowa company (hereinafter called
OWNER) and ICM, Inc., a Kansas corporation (hereinafter called DESIGN/BUILDER).

OWNER and DESIGN/BUILDER,  in consideration of the mutual covenants  hereinafter
set forth, agree as follows:

Article 1.    THE PROJECT AND WORK.

1.01.  DESIGN/BUILDER  shall  complete  all Work for the Project as specified or
indicated in the Contract  Documents.  The Project is generally described as the
design and construction of a dry mill fuel-grade  ethanol plant to be located in
or near Council  Bluffs,  Iowa, as described in more detail in Exhibit B to this
Agreement.  The Work includes such engineering,  labor, materials, and equipment
to design,  construct,  startup and achieve guaranteed performance criteria of a
dry mill ethanol  plant  capable of producing no less than one hundred ten (110)
million gallons per year of denatured  fuel-grade ethanol and no less than Three
Hundred Forty Eight  Thousand  Tons(338,000)  of dry  distiller's  grains as set
forth in the Contract  Documents.  A more detailed  described of the Work is set
forth in the attached  Exhibits (other than OWNER's  responsibilities  set forth
therein).

Article 2.    CONTRACT TIMES.

2.01. Days to Achieve Substantial Completion and Final Payment. The Work will be
Substantially  Completed  within * days after the date when the  Contract  Times
commence to run as provided in paragraph 2.01.A of the General  Conditions,  and
completed and ready for final payment in accordance  with paragraph 13.08 of the
General  Conditions  within One  Hundred  Eighty  (180)  days after  Substantial
Completion, unless otherwise provided in the Contract Documents.

*OMITTED  PURSUANT TO A REQUEST FOR CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

Article 3.    CONTRACT PRICE.

3.01.  OWNER shall pay  DESIGN/BUILDER  the Contract Price for completion of the
Work in  accordance  with the  Contract  Documents.  The  Contract  Price may be
adjusted as provided by the General Conditions. For all Work, OWNER shall pay to
DESIGN/BUILDER a price of One Hundred  Eighteen  Million Dollars  ($118,000,000)
(the "Contract Price").

3.02. The Work to be performed by  DESIGN/BUILDER  shall not include those items
designated as OWNER's  responsibilities in the Contract  Documents.  Those items
designated as OWNER's

                                      -1-



responsibilities   in  the  Contract   Documents   shall   include  all  design,
procurement, fabrication, installation and start-up associated with such items.

3.03 DESIGN/BUILDER shall provide to OWNER the training described in Exhibit G.

3.04 In accordance with paragraph 5.02 of the General Conditions, DESIGN/BUILDER
agrees to maintain the insurance coverages, limits, and deductibles set forth in
Exhibit H.

Article 4.    PAYMENT PROCEDURES

4.01 DESIGN/BUILDER shall submit and OWNER will process Applications for Payment
in accordance  with Article 13 of the General  Conditions  and Sections  5.01.A.
through C. below.

         A. Down  Payment.  OWNER  shall make a down  payment of 10% of CONTRACT
PRICE to  DESIGN/BUILDER,  which shall be applied  toward and credited to 10% of
each  progress  payment.  The amount of the down payment due hereunder is Eleven
Million   Eight   Hundred   Thousand   Dollars   ($11,800,000).   DESIGN/BUILDER
acknowledges   receipt  of  the  amount  of  Two  Million  Dollars  ($2,000,000)
previously  paid by Owner with the delivery of the letter of intent  between the
parties. This amount has been credited toward the amount of the down payment. An
additional amount of Two Million Dollars  ($2,000,000)  shall be due and payable
on the date the OWNER breaks escrow or 90 days after the date of this agreement,
whichever  comes first,,  and upon receipt will be credited toward the amount of
the down payment.  Upon  delivery of the Notice to Proceed,  OWNER shall pay the
remaining balance of such down payment ($7,800,000) to DESIGN/BUILDER.

         B. Progress Payments;  Retainage. OWNER shall make progress payments on
account of the Contract Price on the basis of DESIGN/BUILDER's  Applications for
Payment, as provided in this Section 4.01.B.  Progress payments shall be due and
payable in accordance  with 13.04 of the General  Conditions.  All such payments
will  be  measured  by the  acceptable  Schedule  of  Values  established  under
paragraph 2.03.A of the General Conditions.

         1. Prior to Substantial Completion, such progress payments will be made
in an amount equal to the percentage  indicated  below,  but, in each case, less
the  aggregate  of payments  previously  made and less such amounts as OWNER may
withhold in accordance with paragraph 13.04.B of the General Conditions.

         a. Ninety-five  percent (95%) of Work completed (with the balance being
retainage).

         b. Ninety-five  percent (95%) (with the balance being retainage) of the
cost of materials  and equipment not  incorporated  in the Work (but  delivered,
suitably  stored  and  accompanied  by  documentation  satisfactory  to OWNER as
provided in paragraph 13.02.A of the General Conditions).

         2. Upon Successful  completion of the Performance  Test or * days after
Substantial Completion, whichever comes first, payment will be made in an amount
sufficient to increase total payments to  DESIGN/BUILDER  to One Hundred percent
(100%) of the  Contract  Price,  less (i) such  amounts as OWNER may withhold in
accordance  with  paragraph  13.04.B of the  General  Conditions,  (ii)  amounts
mutually  agreed by the parties for completion of Punch List Items,  and (iii) *
Amounts  withheld for Punch List Items shall be paid by OWNER to  DESIGN/BUILDER
as such Work is completed.


                                      -2-



*OMITTED  PURSUANT TO A REQUEST FOR CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

        3.  Upon  successful   completion  of  the  seven-day  performance  test
described in Exhibit A, OWNER shall pay DESIGN/BUILDER the *.

*OMITTED  PURSUANT TO A REQUEST FOR CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

         C. Final Payment.  OWNER shall pay the remainder of the Contract Price,
if any, to  DESIGN/BUILDER  in accordance  with  paragraph  13.08 of the General
Conditions.

Article 5.    INTEREST.

5.01.  All monies  not paid when due as  provided  in Article 13 of the  General
Conditions  shall bear interest at the rate of Eighteen percent (18%) per annum.
If it is  determined  that OWNER  incorrectly  withheld  payment of any disputed
payment,  then such payment shall bear interest from the date such payment would
have otherwise been due until the date actually paid to DESIGN/BUILDER.

Article 6.    DESIGN/BUILDER'S REPRESENTATIONS.

6.01. DESIGN/BUILDER makes the following representations:

         A.  DESIGN/BUILDER  has  examined  and  carefully  studied the Contract
Documents  listed in Sections 7.01.A through C, and, to the extent prepared (but
not yet approved by OWNER) prior to the Effective Date, the documents  described
in Section 7.01.D.3 and .4.

         B.  DESIGN/BUILDER is familiar with and is satisfied as to all federal,
state and local Laws and Regulations in existence on the Effective Date that may
affect cost, progress,  performance,  furnishing,  and completion of the Work in
accordance with the Contract Documents.

         C.  DESIGN/BUILDER  is familiar  with the work to be performed by OWNER
and others at the Site that  relates to the Work as  indicated  in the  Contract
Documents.

         D.   DESIGN/BUILDER   has   correlated   the   information   known   to
DESIGN/BUILDER,  reports and drawings identified in the Contract Documents,  and
all additional  examinations,  investigations,  tests, studies and data with the
Contract Documents.

         E.  DESIGN/BUILDER  has given OWNER  written  notice of all  conflicts,
errors,  ambiguities or discrepancies that  DESIGN/BUILDER has discovered in the
Contract  Documents and the written resolution thereof by OWNER is acceptable to
DESIGN/BUILDER, and the Contract Documents are sufficient to indicate and convey
understanding  of all terms and conditions for performance and furnishing of the
Work.

        F. THE completed  Project will satisfy each of the Performance  Criteria
set forth on Exhibit A.

Article 7.    CONTRACT DOCUMENTS.


                                      -3-



7.01. The Contract  Documents which comprise the entire agreement  between OWNER
and DESIGN/BUILDER concerning the Work consist of the following:

         A. This Agreement (pages 1 to 5, inclusive).

         B. Exhibits to this Agreement (A to M, inclusive).

         C. General  Conditions of the Contract Between Owner and Design/Builder
(pages 1 to 35, inclusive).

         D. The following which may be delivered,  prepared, or issued after the
Effective Date of this Agreement and are not attached hereto.

         1.  Written  Notice to Proceed,  in the form  substantially  similar to
Exhibit M attached hereto.

         2. All Written  Amendments and other documents  amending,  modifying or
supplementing the Contract Documents pursuant to paragraph 3.03.A of the General
Conditions.

         3.  Specifications  as defined in  paragraph  1.01.A.31  of the General
Conditions.

         4.   Drawings  as  defined  in  paragraph   1.01.A.15  of  the  General
Conditions.

7.02.  There are no Contract  Documents  other than those  listed  above in this
Article 7. The Contract Documents may only be amended,  modified or supplemented
as provided in paragraph 3.03.A of the General Conditions.

Article 8.    MISCELLANEOUS.

8.01.  The  attached  General  Conditions  of the  Contract  between  Owner  and
Design/Builder are referred to herein as the General Conditions.

8.02. Terms used in this Agreement which are defined in Article 1 of the General
Conditions will have the meanings indicated therein.

8.03.  No  assignment  by a party hereto of any rights under or interests in the
Contract  Documents  will be binding on another party hereto without the written
consent of the party sought to be bound, which consent shall not be unreasonably
withheld;  and, specifically but without limitation,  moneys that may become due
and moneys that are due may not be assigned  without such consent (except to the
extent that the effect of this  restriction  may be limited by law), and, unless
specifically stated to the contrary in any written consent to an assignment,  no
assignment   will   release  or  discharge   the  assignor   from  any  duty  or
responsibility under the Contract Documents.

8.04. OWNER and DESIGN/BUILDER  each binds itself,  its successors,  assigns and
legal  representatives  to the other party  hereto,  its  successors,  permitted
assigns and legal  representatives  in respect to all covenants,  agreements and
obligations contained in the Contract Documents.

8.05.  Any  provision  or  part  of the  Contract  Documents  held to be void or
unenforceable  under any Law or  Regulation  shall be deemed  stricken,  and all
remaining  provisions  shall  continue  to be valid and  binding  upon OWNER and
DESIGN/BUILDER,  who agree that the  Contract  Documents  shall be


                                      -4-



reformed to replace  such  stricken  provision  or part thereof with a valid and
enforceable  provision  that  comes as  close  as  possible  to  expressing  the
intention of the stricken provision.

8.06.  This  Agreement  may be executed in any number of  counterparts,  each of
which shall be deemed to be an original  and all of which shall  constitute  one
agreement that is binding upon all of the parties hereto,  notwithstanding  that
all parties are not signatories to the same counterpart. Facsimile signatures of
the parties hereto shall be binding.

8.07.  This Agreement will be effective on date first written above.  Within One
Hundred  Twenty (120) days after such  effective  date,  OWNER shall  provide to
DESIGN/BUILDER the Notice to Proceed and evidence, acceptable to DESIGN/BUILDER,
of funding for the Project. If DESIGN/BUILDER does not receive a valid Notice to
Proceed  within such time,  then the Contract Price referred to in Article 3 and
the  Contract  Times  referred to in Article 2 shall be subject to  modification
with  such  modifications  in  the  Contract  Price  and  Contract  Times  to be
negotiated in good faith by the parties.  Acceptable evidence of funding for the
project is proof that the OWNER may distribute funds from its escrow account.




IN WITNESS WHEREOF,  OWNER and DESIGN/BUILDER  have signed this Agreement on the
date first written above.


OWNER:                                         DESIGN/BUILDER: ICM, Inc.
     ------------------------------------


By:   /s/ David Denne                         By: /s/ Dave VanGriend
    --------------------------------------       ----------------------------------
Title: /s/ Chairman                           Title: President/CEO
      ------------------------------------          -------------------------------

Addresses for giving notices and representatives:

Name: Southwest Iowa Renewable Energy, LLC    Name: Dave VanderGriend
------------------------------------------    -----------------------------------
Title:                                        Title: President/CEO
       -----------------------------------    -----------------------------------
Address: 2101 So. 42nd Ave. PO Box 986        Address:310 N. First Street, Colwich, KS
        ----------------------------------    ----------------------------------------
Phone: 712-366-0392 Council Bluffs, IA        Phone:  316-796-0900
      ------------------------------------    ----------------------------------
Facsimile:   712-366-0394                     Facsimile:  316-796-0570
          --------------------------------    ----------------------------------



                                      -5-



                                    Exhibit A
                                       to
                   Agreement Between Owner and Design/Builder
                       On the Basis of a Stipulated Price


Performance Criteria:

         DESIGN/BUILDER  represents  and  warrants  to OWNER that the  completed
Project  will  achieve  each  of  the  following  performance  criteria.   After
DESIGN/BUILDER determines the Plant is ready for start-up, DESIGN/BUILDER,  with
OWNER's  labor  forces,   will  start-up  the  Plant  and  conduct  a  seven-day
performance test to establish  compliance with each of the performance  criteria
except the atmospheric  emissions.  Compliance shall be measured  simultaneously
for all  criteria,  and computed on the average over the  seven-day  performance
test.  If  the  Project  fails  to  reach  any   performance   criterion,   then
DESIGN/BUILDER  shall (at no  additional  cost to OWNER)  make such  changes  in
design, construction, or equipment as required to meet the criteria, and conduct
another seven day performance  test.  Upon successful  completion of a seven-day
performance test, the Plant shall be considered to have achieved the performance
criteria  listed  below  (other than the  atmospheric  emissions  criteria)  for
purposes of the foregoing representation and warranty of DESIGN/BUILDER.

Table 1  ethanol plant criteria -- 110MGY capacity
---------------------------- -------------------------- -------------------------- --------------------------
         Criteria                  Specification            Testing Statement            Documentation
---------------------------- -------------------------- -------------------------- --------------------------
Plant Capacity -             Operate at a rate of 110   Seven-day performance      Concurrence of
fuel-grade ethanol           million gallons per year   test                       production records and a
                             of denatured fuel grade                               written report from
                             ethanol meeting the                                   DESIGN/BUILDER.
                             specifications of ASTM
                             4806
---------------------------- -------------------------- -------------------------- --------------------------
Wet  Distillers Grains OR    Operate at rate of         Determined by              Concurrence of
Dry Distillers Grains        338,000 tons per year of   calculation of mass flow   production records and a
                             approx.                    12% moisture  DDG.  from
                                                        centrifuge   (s)   in  a
                                                        written   analysis  from
                                                        seven-  day  performance
                                                        DESIGN/BUILDER. test
---------------------------- -------------------------- -------------------------- --------------------------
Carbon Dioxide               Approximately 295,000      Determined as a function   Mass flow calculation by
                             tons per year of raw CO2   of fermented gallons in    DESIGN/BUILDER.
                             gas.                       a seven-day performance
                                                        test.
---------------------------- -------------------------- -------------------------- --------------------------
Grain to Ethanol             Not be less than  2.80     As determined by meter     Concurrence of
Conversion ratio;            denatured gallons          readings during a          production records and
Corn/Sorghum 56#/bu., 16%    (2.67gallons               seven-day performance      written analysis by
or less moisture, zero       undenatured) of ethanol    test.                      DESIGN/BUILDER.
aflatoxin tolerance          per bushel of ground
                             corn.
---------------------------- -------------------------- -------------------------- --------------------------
Electrical Energy            .75 kWh per denatured      As determined by meter     Concurrence of
                             gallon of fuel grade       readings during a          production records and
                             ethanol.  Does not         seven-day performance      written analysis by
                             include kWh                performance


                                      -6-



--------------------------- -------------------------- -------------------------- --------------------------
                             used to operate CO2 plant, test.                      DESIGN/BUILDER.
                             CO 2gas system, grain
                             handling system, Chiller
                             operation or DDG Load
                             out.
---------------------------- -------------------------- -------------------------- --------------------------
Natural Gas                  Consumption shall not      As determined by meter     Concurrence of
                             exceed 34,000 Btu per      readings during a          production records and
                             denatured gallon of        seven-day performance      written analysis by
                             fuel-grade ethanol.        test.                      DESIGN/BUILDER.
---------------------------- -------------------------- -------------------------- --------------------------
Process Water Discharge      zero gallons under         Process discharge meter    Plant control system
                             normal operations          readings during seven      reports from
                                                        day performance test       DESIGN/BUILDER
---------------------------- -------------------------- -------------------------- --------------------------
Atmospheric Emissions        As prescribed and          As determined by written   As determined by written
                             approved by the            emissions compliance       emissions compliance
                             applicable Department of   report from a third        report from a third
                             Environmental Quality or   party mutually selected    party mutually selected
                             similar agency for the     by the parties             by the parties
                             State in which the Plant   confirming regulatory      confirming regulatory
                             is located as of the       compliance of the air      compliance of the air
                             Effective Date of the      emissions performance      emissions performance
                             Agreement.                 tests                      tests
                                                                                   prescribed by the
                                                        prescribed by the          applicable  Department
                                                        applicable  Department     of Environmental Quality
                                                        of Environmental Quality   or similar agency for
                                                        or similar agency for      the State in which the
                                                        the State in which the     Plant is located as of
                                                        Plant is located as of     the Effective Date of
                                                        the Effective Date of      the Agreement.
                                                        the Agreement.
---------------------------- -------------------------- -------------------------- --------------------------


OWNER's  failure to materially  comply with the operating  procedures  issued by
DESIGN/BUILDER  shall  void the  foregoing  performance  criteria  and all other
guarantees and warranties set forth in the Contract Documents.

OWNER  understands  that  the  startup  of  the  plant  requires  resources  and
cooperation of OWNER, vendors and other suppliers to the Project. DESIGN/BUILDER
disclaims any liability and OWNER indemnifies  DESIGN/BUILDER for non-attainment
of the  foregoing  performance  criteria  directly or  indirectly  caused by the
material  non-performance  or  negligence  of  third  parties  not  retained  by
DESIGN/BUILDER.


                                      -7-



                                    Exhibit B
                                       to
                   Agreement Between Owner and Design/Builder
                       On the Basis of a Stipulated Price


General Project Scope:


Construct a no less than One Hundred Ten (110) million gallon per year (MGY) dry
mill fuel-grade ethanol plant located in or near Council Bluffs, Iowa. The plant
will grind  approximately  39 million bushels per year to produce  approximately
One Hundred (110) MGY of fuel-grade ethanol denatured with five percent gasoline
(or a similar  product).  The plant will also produce not less than 338,000 tons
per year of 12% moisture Dry Distillers Grains (DDG), and approximately  293,000
tons per year of raw carbon dioxide (CO2) gas.

OWNER to provide  DESIGN/BUILDER  a level site and which  shall have a soil load
bearing capacity as specified in the attached table.
OWNER supplied grain system
will  provide  a  consistent  supply  of grain to the  rotary  feeder  above the
DESIGN/BUILDER supplied hammermills. .

Ground grain will be mixed in a slurry tank and routed  through a working system
consisting of a  hydroheater,  cook tube, and flash tank. The mash will continue
through   liquefaction   and  associated   heat   exchangers  to   fermentation.
Simultaneously,  propagated  yeast will be added to the mash as the fermenter is
filling.  After batch  fermentation is complete,  the beer will be pumped to the
beer well and then to the beer column to vaporize the alcohol from the mash.

Alcohol streams are dehydrated in the distillation column, the side stripper and
the molecular sieve system. Two hundred proof alcohol is pumped to the tank farm
shift tanks and blended  with five  percent  denaturant  as the product is being
pumped into a final storage tank.

Corn mash from the beer stripper is dewatered by decanter type  centrifuge.  Wet
cake from the centrifuge is conveyed to the wetcake pad or drying system.  Water
in the thin  stillage  can be  evaporated  and  recycled by the  Bio-Methanation
system.

DESIGN/BUILDER  will  provide  its  standard  design for the fire pump house and
water treatment space. Any additional requirements will be an additional cost to
OWNER.

The design  includes  a  compressed  air system  consisting  of  compressors,  a
receiver tank, pre-filter, coalescing filter and air dryer.

The  design  also  incorporates  the use of a  clean-in-place  (CIP)  system for
cleaning cook, fermentation,  distillation,  evaporation,  centrifuges and other
systems.  Fifty percent  caustic soda is received by truck and stored in a tank.
The CIP system uses tanks for receiving, make-up, CIP return and CIP waste which
is fed to the  methanator.  The CIP system  includes a CIP Tank,  a 50%  Caustic
tank, and a Waste CIP tank. A screen is used to remove the solids.

Under normal  operating  circumstances,  the Plant will not have any  wastewater
discharges that have been in contact with corn and sorghum mash, cleaning system
or    contact    process    water.    A    bio-methanator     manufactured    by
DESIGN/BUILDER/Phoenix  will reduce the organic acids in process water  allowing
complete reuse within the Plant and is included in the Contract Price. The Plant
will


                                      -8-



have blowdown  discharges from the cooling tower,  water softeners,  and Reverse
Osmosis system. OWNER is responsible for all permits,  purchase and installation
of pumps,  waterline  construction,  sanitary sewer  construction,  necessary to
discharge  the blowdown from the cooling  tower,  water  softeners,  and Reverse
Osmosis system.

Carbon Dioxide (CO2) is a co-product of the fermentation process. CO2 is allowed
under current Laws and Regulations to be vented to the atmosphere.  Installation
of a plant or system to capture,  clean and  compress the CO2 is not included in
the Work. OWNER, at its cost, may add a blower, certain associated equipment and
a small  amount  of piping to move the CO2 from the  fermenter  to a  collection
point for sale or further processing.

Most of the  processes  within  the  Plant  will  be  computer  controlled  by a
Siemens/Moore APACS distributed control system with graphical user interface and
three  workstations  all located in the plant control room, which is included in
the Contract Price. No workstation is provided for the  administrative  building
or any other  location.  It is  estimated  that the system  will  consist of 200
discrete inputs, 200 discreet outputs, 175 analog inputs and 120 analog outputs.
Programmable logic controllers (PLCs) will control certain process equipment.

The Work provided by  DESIGN/BUILDER  will meet  specifications,  criteria,  and
allowances as provided in the Construction  Permit and all other applicable Laws
and Regulations enacted as of the Effective Date.


                                      -9-




                                      -10-




                                    Exhibit C
                                       to
                   Agreement Between Owner and Design/Builder
                       On the Basis of a Stipulated Price


Buildings and Structures by DESIGN/BUILDER:

Construction of buildings and  structures,  as listed in Table 2 and Table 3, is
included in the Contract Price.

Table 2 Ancillary Buildings and Structures by DESIGN/BUILDER
-------------------- ---------------------------- ----------------------- ------------------------------
     Building                                          Preliminary                Addition Info
                                Type                    Dimensions
-------------------- ---------------------------- ----------------------- ------------------------------
MCC Buildings        CMU block wall, insulated,
                     climate controlled
-------------------- ---------------------------- ----------------------- ------------------------------
Cooling Tower        Douglas Fir Structure
                     Induced Draft Counter Flow
-------------------- ---------------------------- ----------------------- ------------------------------

-------------------- ---------------------------- ----------------------- ------------------------------
Wetcake Pad          Cast-in-Place Concrete              80 X 120
                     Structure
-------------------- ---------------------------- ----------------------- ------------------------------



Table 3 Buildings and Structures by DESIGN/BUILDER
-------------------- ---------------------------- ----------------------- ------------------------------
     Building                                          Preliminary                Addition Info
                                Type                    Dimensions
-------------------- ---------------------------- ----------------------- ------------------------------
Process              Structural steel, steel              Custom          Includes laboratory, control
                     siding - Insulated                                   room & offices, MCC room
-------------------- ---------------------------- ----------------------- ------------------------------
Energy Center        Structural steel, steel              Custom          Includes centrifuge area,
                     siding - Insulated                                   office, MCC room
-------------------- ---------------------------- ----------------------- ------------------------------
Evaporation          Structural steel, steel              Custom
                     siding - Insulated
-------------------- ---------------------------- ----------------------- ------------------------------

-------------------- ---------------------------- ----------------------- ------------------------------


                                      -11-




                                    Exhibit D
                                       to
                   Agreement Between Owner and Design/Builder
                       On the Basis of a Stipulated Price

Administration Building by OWNER:

The Contract Price does not include the cost of the following additional items:


Table 4 Administration Building

-------------------------- ----------------------------------------------
       Description         Additional Description       Est. Amount
-------------------------- ----------------------------------------------
Administration Building    By OWNER                     $400,000
-------------------------- ----------------------------------------------
Office Computer System     By OWNER                     $25,000
-------------------------- ----------------------------------------------
Telephone System           By OWNER                     $15,000
-------------------------- ---------------------------- -----------------
Office Copier & fax        By OWNER                     $15,000
machine
-------------------------- ---------------------------- -----------------
Office Furniture           By OWNER                     $20,000
-------------------------- ---------------------------- -----------------

-------------------------- ---------------------------- -----------------
Lab Equipment              By OWNER                     $120,000
-------------------------- ---------------------------- -----------------



                                      -12-




                                    Exhibit E
                                       to
                   Agreement Between Owner and Design/Builder
                       On the Basis of a Stipulated Price


OWNER'S Required Permits and Services List:

OWNER shall provide all of the permits,  authorizations and services,  including
but not limited to:

     1)   Land and  Grading - Land and  Grading - OWNER  shall  provide the Site
          near  or in  Council  Bluffs,  Iowa.  OWNER  shall  obtain  all  legal
          authority  to use  the  Site  for its  intended  purpose  and  perform
          technical due diligence for  DESIGN/BUILDER  to perform  including but
          not limited to proper zoning approvals,  elevation restrictions,  soil
          tests,   and  water  tests.   The  Site  shall  be  rough  graded  per
          DESIGN/BUILDER  specifications and be within six inches of final grade
          including the rough grading for Site roadways. The Site soils shall be
          modified  as  required  to provide a minimum  allowable  soil  bearing
          pressure  as  specified  in the  attached  table  for  all  foundation
          elements.  The site soils  shall be  modified as required to provide a
          minimum  allowable  soil  bearing  pressure of 4,500 pounds per square
          foot in the fermenter area,  8,000 pounds per square foot in the grain
          storage  concrete  silos area and 3,000 pounds per square foot for all
          other foundation elements or per attached table. The soils beneath the
          foundation  elements  shall  not  exceed  the  total  or  differential
          settlements  such that the Plant is unable  to  perform  its  intended
          purpose. If the existing soil conditions are such that over-excavation
          and  re-compaction or pilings are required,  OWNER will be responsible
          for this work. OWNER is also  responsible for any dewatering  required
          at the site during construction.

          Other items to be provided by the OWNER  include,  but are not limited
          to, the following:  initial site survey  (boundary and topographic) as
          required  by the  design  engineers,  layout of the  property  corners
          including two  construction  benchmarks,  soil borings and  subsequent
          geotechnical   report  (the  results  of  which  are   acceptable   to
          DESIGN/BUILDER  and  consistent  with  the  specifications  set  forth
          herein)  describing  recommendation  for  roads,  foundations  and  if
          required,   soil   stabilization/remediation,   site  engineering  and
          detailed drawings (to the extent not provided by DESIGN/BUILDER), land
          disturbance permit,  erosion control permit, site grading as described
          above with  minimum  soil  standards,  placement  and  maintenance  of
          erosion control measures,  access road from a city,  county,  state or
          federal  road  designed to meet city or local  county  road  standards
          (provided  that such road must contain a minimum of twelve (12) inches
          of  crushed  rock  with  geo-fabric  and  compacted  base),  storm and
          sanitary  sewers,  water main branches,  to be within five (5) feet of
          the designated building locations, roads as specified and designed for
          the permanent elevations and effective depth,  paving,  "construction"
          grading  plan as  drawn  (including  site  retention  pond),  all site
          seeding, landscaping, rock, plant water well and associated permit(s),
          environmental   monitoring,    environmental   monitoring   equipment,
          environmental testing for both air and water, chemicals, corn or other
          feedstock,  enzymes,  a risk  management  plan,  laboratory  equipment
          specified by DESIGN/BUILDER, and all start-up supplies, including, but
          not limited to hoses,  equipment labels,  and other items specified by
          DESIGN/BUILDER,

     2)   Roads - OWNER  shall  provide  or have  provided,  an  access  road of
          sufficient  quality to withstand  semi-truck traffic of 25,000+ annual
          loads with weight of 80,000 lbs each.


                                      -13-


     3)   Air Quality Permit - A permit for construction  shall be obtained from
          the proper authorities prior to the issuance of the Notice to Proceed.
          OWNER  shall  obtain an  Operating  Permit  in timely  manner to allow
          startup of the Plant as scheduled by DESIGN/BUILDER.

     4)   Storm  Water  Runoff   Permit  -  OWNER  shall  obtain  the  permanent
          industrial storm water runoff permit.  DESIGN/BUILDER shall obtain the
          construction storm water runoff permit.

     5)   Natural  Gas Supply  and  Service  Agreement  -  Continuous  supply of
          natural gas of at least 1.9 Billion  cubic feet per year, at a rate of
          225 MMBtu per hour and at a minimum  pressure of 60 psig at a location
          specified by  DESIGN/BUILDER  . OWNER shall  provide  supply meter and
          regulators   to  provide   burner  tip   pressures   as  specified  by
          DESIGN/BUILDER. OWNER will be responsible for the design, procurement,
          fabrication  and  installation  of any and all equipment  necessary to
          deliver the gas to all locations specified by DESIGN/BUILDER.

     6)   Electrical  Service -  Continuous  supply of 12,000  kVA,  12,400-volt
          electrical energy or more to a point immediately adjacent to the site.
          OWNER  shall  supply  a  high  voltage  switch  and,  if  required,  a
          substation.  OWNER shall  supply  metering as  specified  by the power
          company.  This  electrical  capacity will be sufficient to support the
          operations of the Plant as specified by DESIGN/BUILDER.  OWNER will be
          responsible to design, provide, and install electricity connections to
          all locations specified by DESIGN/BUILDER  (including the high-voltage
          permanent power loop, transformers and pads).

     7)   Water  Supply  and  Service  Agreement  -  For  process  (contact  and
          non-contact) and sanitary purposes,  OWNER shall be responsible to pay
          DESIGN/BUILDER  in  the  form  of  a  Change  Order  for  the  design,
          procurement,  fabrication  and  installation  of all equipment for the
          supply and treatment of fresh water specified by DESIGN/BUILDER to the
          DESIGN/BUILDER   specified  locations.   This  might  include  reverse
          osmosis,  softening equipment, iron removal, sulfate removal, or other
          items   specified   by    DESIGN/BUILDER.    OWNER   shall   authorize
          DESIGN/BUILDER to perform this work at cost plus upon the execution of
          this  agreement.   Any  required  water   augmentation  plan  and  all
          associated  fees,  forms,  permits and incidental  requirements is the
          responsibility of OWNER.

     8)   Wastewater   Discharge  Permit  -  For  discharges  of  cooling  tower
          blowdown,  water  softening,  and  RO  system  blowdown  under  normal
          operating  procedures.  Process wastewater discharges during emergency
          failure of wastewater treatment plant to treat all process wastewater.

     9)   Railroad - OWNER  shall  design,  procure,  fabricate  and install any
          railroad   track   siding  to  the  Site,   at  grades   specified  by
          DESIGN/BUILDER,  including all necessary earth work to properly locate
          the track,  preparation of the railroad track bed, and track, ties and
          ballast to railroad company specifications and all required permits.


                                      -14-




     10)  Regulatory  Contingency  - Until  satisfactory  atmospheric  emissions
          compliance, OWNER shall maintain a fund of no less than * to cover any
          unforeseen  governmental  regulation  changes  implemented  after  the
          Effective Date of the Agreement.  This  contingency is not part of the
          Contract  Price,  and its use may be  authorized  only by agreement of
          OWNER and DESIGN/BUILDER.

*OMITTED  PURSUANT TO A REQUEST FOR CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.



     11)  Road  Paving  -  Prior  to  Substantial  Completion,   OWNER  will  be
          responsible for paving of all roads.

     12)  BATF  Application/Misc   Permits  -  OWNER  will  be  responsible  for
          completing,  submitting  and obtaining  Bureau of Alcohol  Tobacco and
          Firearms permitting to produce fuel grade alcohol,  tank farm permits,
          discharge  permits  required by hydro  testing the Plant,  and an SPCC
          Plan.

     13)  Office  Equipment - With the  exception  of the DCS  control  systems,
          OWNER  will be  responsible  for  office  furnishings,  computers  and
          software to run the day-to-day operations of the Plant.

     14)  Construction  Power - OWNER will  provide and pay for all  electricity
          needed during the  Construction,  including  the permanent  power loop
          required by DESIGN/BUILDER, by contracting with DESIGN/BUILDER for the
          installation  of the  same and  which  will be  billed  to OWNER as an
          additional  cost,  and  not  part  of,  the  Contract  Price.  Monthly
          utilities bills will be billed directly to OWNER by the utility.

     15)  Fire water system - OWNER will provide and pay for by contracting with
          the  DESIGN/BUILDER  in  the  form  of a  Change  Order,  the  design,
          procurement,  fabrication  and  installation  of the fire water system
          including,  without  limitation:  fire water pump station,  fire water
          loop with hydrants,  deluge systems, fire alarm panels, smoke and heat
          detection  in any  building  or MCC  room,  as  required  by Laws  and
          Regulations  and the insurance  company(ies)  which provide  insurance
          pursuant to the Contract Documents.

     16)  At least forty-five (45) days prior to Substantial  Completion,  OWNER
          shall complete construction of an administration  building at the Site
          with all utilities connected and operating to such building.

     17)  Prior to start-up of the Plant,  OWNER shall furnish to DESIGN/BUILDER
          the following:

          a)   Fully  executed  copies of all  permits  required  to operate the
               Plant;

          b)   Fully executed Certificate of Substantial Completion; and

          c)   Preliminary  Punchlist pursuant to paragraph 13.05 of the General
               Conditions.


                                      -15-


In the event OWNER  desires that  DESIGN/BUILDER  perform all or any part of the
foregoing  obligations  of OWNER,  and  DESIGN/BUILDER  agrees to  perform  such
obligations,  the Contract  Price shall be  increased  by the amount  determined
pursuant to paragraph 10.02 of the General Conditions unless otherwise agreed by
the parties.


                                      -16-



                                    Exhibit F
                                       to
                   Agreement Between Owner and Design/Builder
                       On the Basis of a Stipulated Price

                                LICENSE AGREEMENT

THIS  LICENSE  AGREEMENT  (this  "License  Agreement")  is entered into and made
effective  as of the 25th day of  September  , 2006  ("Effective  Date")  by and
between Southwest Iowa Renewable Energy, LLC an Iowa  Corporation("OWNER"),  and
ICM, Inc., a Kansas corporation ("ICM").

     WHEREAS,  OWNER and ICM have entered into that  certain  AGREEMENT  BETWEEN
OWNER AND  DESIGN/BUILDER  ON THE BASIS OF A STIPULATED PRICE dated the 25th day
of September , 2006 (the "Contract"), under which ICM is to design and construct
a One Hundred Ten (110)  million  gallons per year ethanol plant for OWNER to be
located in or near Council Bluffs, Iowa (the "Plant");

     WHEREAS, ICM will use proprietary  technology and information of ICM in the
design and construction of the Plant; and

     WHEREAS,  OWNER  desires  from ICM,  and ICM  desires to grant to OWNER,  a
license to use such  proprietary  technology and  information in connection with
OWNER's  ownership and operation of the Plant, all upon the terms and conditions
set forth herein;

     NOW, THEREFORE, the parties, in consideration of the foregoing premises and
the  mutual  promises   contained   herein  and  for  other  good  and  valuable
consideration, receipt of which is hereby acknowledged, agree as follows:

     1. Upon Substantial Completion of the Plant by ICM pursuant to the terms of
     the Contract or, if later, payment by OWNER of all amounts due and owing to
     ICM under the Contract,  ICM grants to OWNER a perpetual limited license to
     use the  Proprietary  Property  (hereinafter  defined) solely in connection
     with the ownership, operation, maintenance and repair of the Plant, subject
     to the limitations provided herein (the "Purpose").

     2.  The  "Proprietary  Property"  means,  without  limitation,   documents,
     Operating Procedures (hereinafter defined), materials and other information
     that are furnished by ICM to OWNER in connection  with the Purpose  whether
     orally,  visually,  in writing, or by any other means,  whether tangible or
     intangible,   directly  or  indirectly  and  in  whatever  form  or  medium
     including, without limitation, the design, arrangement,  configuration, and
     specifications  of (i) the combinations of distillation,  evaporation,  and
     alcohol  dehydration  equipment  (including,  but not  limited  to,  pumps,
     vessels,  tanks, heat exchangers,  piping, valves and associated electronic
     control equipment) and all documents  supporting those  combinations;  (ii)
     the  combination  of the distillers  grain drying (DGD),  and heat recovery
     steam generation  (HRSG) equipment  (including,  but not limited to, pumps,
     vessels,  tanks, heat exchangers,  piping and associated electronic control
     equipment) and all documents  supporting those combinations;  and (iii) the
     computer system,  known as the distributed  control system (DCS and/or PLC)
     (including,  but not limited to, the software  configuration,  programming,
     parameters,  set points, alarm points,  ranges,  graphical  interface,  and
     system hardware  connections) and all documents supporting that system. The
     "Operating Procedures" means, without limitation, the process equipment and
     specifications  manuals,


                                      -17-



     standards  of  quality,   service  protocols,   data  collection   methods,
     construction  specifications,  training methods,  engineering standards and
     any other  information  prescribed by ICM from time to time  concerning the
     Purpose.   Proprietary  Property  shall  not  include  any  information  or
     materials  that OWNER can  demonstrate  by written  documentation:  (i) was
     lawfully in the possession of OWNER prior to disclosure by ICM; (ii) was in
     the public domain prior to disclosure by ICM;  (iii) was disclosed to OWNER
     by a third  party  having the legal  right to  possess  and  disclose  such
     information  or materials;  or (iv) after  disclosure by ICM comes into the
     public  domain  through  no  fault  of  OWNER  or its  members,  directors,
     officers,   employees,   agents,   contractors,    consultants   or   other
     representatives     (hereinafter     collectively     referred     to    as
     "Representatives").  Information and materials shall not be deemed to be in
     the public  domain  merely  because  such  information  is embraced by more
     general  disclosures in the public domain,  and any combination of features
     shall not be deemed to be within the foregoing  exceptions  merely  because
     individual  features are in the public domain if the combination itself and
     its principles of operation are not in the public domain.

     3. OWNER shall not use the Proprietary  Property for any purpose other than
     the Purpose.  OWNER shall not use the  Proprietary  Property in  connection
     with any expansion or  enlargement  of the Plant.  Within * days of OWNER's
     request to expand or enlarge the Plant,  ICM and OWNER will meet to discuss
     such expansion and will negotiate in good faith the Terms and Conditions of
     such expansion (including a mutually agreeable schedule for such expansion)
     on either a fixed  price  basis or a Time and  Material  basis with a fixed
     License  Fee.  At OWNER's  request,  ICM will use  commercially  reasonable
     efforts to schedule  engineering  for an  expansion or  enlargement  of the
     Plant within * of such request,  and will negotiate in good faith the Terms
     and  Conditions  of such  expansion on either a fixed price basis or a Time
     and Material  basis with a fixed  license fee. ICM and its  Representatives
     shall have the express  right,  at a  reasonable  time so not to  interrupt
     OWNER's operations,  to enter upon the premises of the Plant to inspect the
     Plant and its operation to ensure that OWNER is complying with the terms of
     this License Agreement.

*OMITTED  PURSUANT TO A REQUEST FOR CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

     4. OWNER's failure to materially comply with the Operating Procedures shall
     void all guarantees,  representations and warranties,  whether expressed or
     implied, if any, that were given by ICM to OWNER in the Contract concerning
     the  performance of the Plant.  OWNER agrees to indemnify,  defend and hold
     harmless ICM and ICM's Representatives from any and all losses, damages and
     expenses  including,   without  limitation,   reasonable   attorneys'  fees
     resulting   from,   relating   to  or   arising   out  of  OWNER's  or  its
     Representatives'  (i)  failure  to  materially  comply  with the  Operating
     Procedures or, (ii) negligent use of the Proprietary Property.

     5. Any and all  modifications  to the Proprietary  Property by OWNER or its
     Representatives  shall be the property of ICM. OWNER shall promptly  notify
     ICM of any such  modification  and OWNER agrees to assign all of its right,
     title and interest in such modification to ICM;  provided,  however,  OWNER
     shall retain the right, at no cost, to use such  modification in connection
     with the Purpose.

     6. ICM has the  exclusive  right  and  interest  in and to the  Proprietary
     Property and the goodwill associated therewith. OWNER will not, directly or
     indirectly,  contest ICM's ownership of the


                                      -18-



     Proprietary Property. OWNER's use of the Proprietary Property does not give
     OWNER any  ownership  interest or other  interest in or to the  Proprietary
     Property  except  for the  limited  license  granted to OWNER  herein.  Any
     goodwill derived or created by the operation of the Plant and all financial
     benefits  derived from the  operation of the Plant shall be the property of
     the OWNER.

     7. OWNER  shall pay no license fee or royalty to ICM for OWNER's use of the
     Proprietary  Property pursuant to the limited license granted to OWNER, the
     consideration  for this limited  license is included in the amounts payable
     by OWNER to ICM for the construction of the Plant under the Contract.

     8. OWNER may not assign the limited license granted herein,  in whole or in
     part,  without  the  prior  written  consent  of  ICM,  which  will  not be
     unreasonably  withheld or  delayed.  Prior to any  assignment,  OWNER shall
     obtain  from such  assignee  a written  instrument,  in form and  substance
     reasonably  acceptable  to ICM,  agreeing  to be bound by all the terms and
     provisions  of this  License  Agreement.  Any  assignment  of this  License
     Agreement  shall not  release  OWNER from (i) its  duties  and  obligations
     hereunder concerning the disclosure and use of the Proprietary Property, or
     (ii)  damages to ICM  resulting  from,  or arising out of, a breach of such
     duties or obligations by OWNER or its  Representatives.  ICM may assign its
     right,  title and interest in the Proprietary  Property,  in whole or part,
     subject to the limited license granted herein.

     9. The Proprietary  Property is confidential and  proprietary.  OWNER shall
     keep the  Proprietary  Property  confidential  and shall use all reasonable
     efforts to maintain the Proprietary Property as secret and confidential for
     the sole use of OWNER and its Representatives for the Purpose.  OWNER shall
     retain all  Proprietary  Property at its principal place of business and/or
     the Plant. OWNER shall not at any time without ICM's prior written consent,
     copy,  duplicate,  record, or otherwise reproduce the Proprietary Property,
     in  whole  or in  part,  or  otherwise  make  the  same  available  to  any
     unauthorized  person.  OWNER shall not  disclose the  Proprietary  Property
     except to its  Representatives  who are directly involved with the Purpose,
     and even then only to such extent as is necessary  and  essential  for such
     Representative's  involvement.  OWNER shall inform such  Representatives of
     the  confidential  and  proprietary  nature  of such  information  and,  if
     requested  by ICM,  OWNER shall obtain from such  Representative  a written
     instrument, in form and substance reasonably acceptable to ICM, agreeing to
     be bound by all of the  terms and  provisions  of this  License  Agreement.
     OWNER  shall make all  reasonable  efforts  to  safeguard  the  Proprietary
     Property  from  disclosure  by its  Representatives  to anyone  other  than
     permitted hereby.  OWNER shall notify ICM immediately upon discovery of any
     unauthorized  use or disclosure of the Proprietary  Property,  or any other
     breach of this License Agreement by OWNER or its Representatives, and shall
     cooperate with ICM in every reasonable way to help ICM regain possession of
     the  Proprietary  Property  and  prevent its  further  unauthorized  use or
     disclosure.  In the event that OWNER or its Representatives are required by
     law to disclose  the  Proprietary  Property,  OWNER shall  provide ICM with
     prompt  written  notice of same so that ICM may seek a protective  order or
     other appropriate  remedy. In the event that such protective order or other
     appropriate  remedy  is not  obtained,  OWNER or its  Representatives  will
     furnish  only  that  portion  of  the  Proprietary  Property  which  in the
     reasonable  opinion of its or their legal  counsel is legally  required and
     will exercise its reasonable  efforts to obtain reliable assurance that the
     Proprietary Property so disclosed will be accorded confidential treatment.

     10.  OWNER  agrees to  indemnify  ICM for any and all  damages  (including,
     without limitation, reasonable attorneys' fees) arising out of or resulting
     from any  unauthorized  disclosure  or use of the  Proprietary  Property by
     OWNER or its  Representatives.  OWNER agrees that ICM would be  irreparably
     damaged by reason of a violation  of the  provisions  contained  herein and
     that any


                                      -19-


     remedy at law for a breach of such  provisions  would be inadequate.  OWNER
     agrees  that ICM shall be entitled to seek  injunctive  or other  equitable
     relief  in  a  court  of  competent   jurisdiction  against  OWNER  or  its
     Representatives  for any unauthorized  disclosure or use of the Proprietary
     Property  without the necessity of proving actual  monetary loss or posting
     any bond. It is expressly understood that the remedy described herein shall
     not be the exclusive  remedy of ICM for any breach of such  covenants,  and
     ICM shall be  entitled  to seek such other  relief or remedy,  at law or in
     equity,  to which it may be entitled as a consequence of any breach of such
     duties or obligations.

     11. The duties and obligations of OWNER under this License  Agreement,  and
     all provisions  relating to the  enforcement of such duties and obligations
     shall  survive  and  remain in full force and  effect  notwithstanding  any
     termination or expiration of the Contract or this License Agreement.

     12. ICM may  terminate  the limited  license  granted to OWNER  herein upon
     written notice to OWNER if OWNER willfully or wantonly uses the Proprietary
     Property for any purpose, or discloses the Proprietary  Property to anyone,
     other than permitted herein.  Upon termination of the license,  OWNER shall
     cease  using  the  Proprietary  Property  for any  purpose  (including  the
     Purpose)  and,  upon  request  by ICM,  shall  promptly  return  to ICM all
     documents or other materials in OWNER's or its Representatives'  possession
     that contain  Proprietary  Property in whatever format,  whether written or
     electronic,   including  any  and  all  copies  or   reproductions  of  the
     Proprietary  Property.  OWNER shall permanently delete all such Proprietary
     Property  from its computer  hard drives and any other  electronic  storage
     medium (including any backup or archive system). OWNER shall deliver to ICM
     a  written  certificate  which  certifies  that all  electronic  copies  or
     reproductions of the Proprietary Property have been permanently deleted.

     13. ICM  represents  and warrants that, as of the date first above written,
     ICM has not received  notice of any claim against ICM and/or one or more of
     its customers  under which a third-party  claims the  Proprietary  Property
     infringes  any rights  under  patents,  trade  secrets,  copyright or other
     intellectual  property  rights  of  such  third-party.  ICM  shall  defend,
     indemnify  and hold  harmless  OWNER  from and  against  any and all claims
     arising  out of or  resulting  from the  infringement  of any rights  under
     patents, trade secrets, copyrights or other intellectual property rights in
     respect to  OWNER's  use of the  Proprietary  Property  for the  Purpose in
     accordance  with this License  Agreement.  ICM shall,  at its sole expense,
     have the right to defend  against  any such  claim.  OWNER  shall  promptly
     notify ICM upon  becoming  aware of any such claim.  ICM, in order to avoid
     any  such  claim,  shall  have  the  right  at its  expense  to  substitute
     non-infringing  invention,  design, process, product or device or to modify
     such infringing invention, design, process, product or device so it becomes
     non-infringing,  or to obtain the necessary  licenses to use the infringing
     invention,   design,   process,   product  or  device  provided  that  such
     substituted  and modified  invention,  design,  process,  product or device
     shall meet all the  requirements  and be subject to all the  provisions  of
     this License Agreement.

     14. The laws of the State of Kansas, United States of America, shall govern
     the validity of the provisions  contained herein,  the construction of such
     provisions, and the interpretation of the rights and duties of the parties.
     Any legal  action  brought to enforce or construe  the  provisions  of this
     License  Agreement  shall be brought in the federal or state courts located
     in Kansas,  and the  parties  agree to and hereby  submit to the  exclusive
     jurisdiction  of such  courts  and  agree  that they  will not  invoke  the
     doctrine  of forum non  conveniens  or other  similar  defenses in any such
     action brought in such courts.


                                      -20-



     15.  OWNER  hereby  agrees  to  waive  all  claims  against  ICM and  ICM's
     Representatives  for any  consequential  damages  that may  arise out of or
     relate to this License Agreement,  the Contract or the Proprietary Property
     whether arising in contract, warranty, tort (including negligence),  strict
     liability  or  otherwise,  including  but not  limited  to  losses  of use,
     profits, business, reputation or financing. OWNER agrees that the aggregate
     amount  OWNER (and anyone  claiming by or through  OWNER) may  collectively
     recover from ICM (and its Representatives), *

*OMITTED  PURSUANT TO A REQUEST FOR CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

     16. The terms and  conditions  of this  License  Agreement  constitute  the
     entire  agreement  between the parties with  respect to the subject  matter
     hereof   and   supersede   any   prior   understandings,    agreements   or
     representations  by or between the  parties,  written or oral.  Any rule of
     construction to the effect that any ambiguity is to be resolved against the
     drafting  party  shall  not be  applicable  in the  interpretation  of this
     License Agreement. This License Agreement may not be modified or amended at
     any time without the written consent of the parties.

     17.  All  notices,   requests,   demands,  reports,   statements  or  other
     communications  (herein referred to collectively as "Notices")  required to
     be given  hereunder  or  relating  to this  License  Agreement  shall be in
     writing  and shall be deemed to have  been  duly  given if  transmitted  by
     personal  delivery or mailed by certified mail,  return receipt  requested,
     postage  prepaid,  to the address of the party as set forth below. Any such
     Notice  shall be  deemed to be  delivered  and  received  as of the date so
     delivered,  if  delivered  personally,  or as of  the  third  business  day
     following  the day sent, if sent by certified  mail.  Any party may, at any
     time,  designate a different  address to which Notices shall be directed by
     providing written notice in the manner set forth in this paragraph.

     18. In the event that any of the terms, conditions, covenants or agreements
     contained in this License  Agreement,  or the  application  of any thereof,
     shall be held by a court of competent  jurisdiction to be invalid,  illegal
     or  unenforceable,  such term,  condition,  covenant or agreement  shall be
     deemed  void ab  initio  and  shall be deemed  severed  from  this  License
     Agreement.  In such event,  and except if such  determination by a court of
     competent  jurisdiction   materially  changes  the  rights,   benefits  and
     obligations  of the parties  under this License  Agreement,  the  remaining
     provisions of this License Agreement shall remain unchanged  unaffected and
     unimpaired thereby and, to the extent possible,  such remaining  provisions
     shall be construed such that the purpose of this License  Agreement and the
     intent of the parties can be achieved in a lawful manner.

     19.  The  duties and  obligations  herein  contained  shall  bind,  and the
     benefits  and  advantages  shall inure to, the  respective  successors  and
     permitted assigns of the parties hereto.

     20.  The waiver by any party  hereto of the  breach of any term,  covenant,
     agreement or condition herein contained shall not be deemed a waiver of any
     subsequent  breach of the same or any other term,  covenant,  agreement  or
     condition  herein,  nor shall any  custom,  practice  or course of dealings
     arising among the parties hereto in the administration  hereof be construed
     as a waiver or  diminution  of the right of any party hereto to insist upon
     the  strict  performance  by  any  other  party  of the  terms,  covenants,
     agreement and conditions herein contained.

     21. In this License  Agreement,  where  applicable,  (i)  references to the
     singular  shall  include  the plural  and  references  to the plural  shall
     include the singular,  and (ii) references to the male,


                                      -21-



     female, or neuter gender shall include references to all other such genders
     where the context so requires.


IN WITNESS WHEREOF, the parties hereto have executed this License Agreement, the
Effective Date of which is indicated on page 1 of this License Agreement.

OWNER:                                       ICM:

                                             ICM, Inc.

By:  /s/ David Denne                         By:  /s/ Dave VanderGriend

Title:  Chairman                             Title:  President/CEO

Date Signed:  9/25/2006                      Date Signed:  9/25/2006

Address for giving notices:                  Address for giving notices:

                                             301 N First Street
                                             Colwich, KS 67030



                                      -22-



                                    Exhibit G
                                       to
                   Agreement Between Owner and Design/Builder
                       On the Basis of a Stipulated Price



ICM Training:


The Contract Price includes a commitment by  DESIGN/BUILDER  to perform  certain
training  for certain  personnel  of OWNER at OWNER's  ethanol  plant,  which is
located in Council Bluffs, Iowa.

Employee training will be coordinated by operational personnel of DESIGN/BUILDER
with the support of  personnel  of OWNER on location at OWNER's  ethanol  plant.
Vendor training will also occur in conjunction with this training.  The specific
schedule,  attendees and training detail will be provided as Plant start up date
is determined.

Such  personnel of OWNER will have the  opportunity to operate the ethanol plant
under the supervision of operators of  DESIGN/BUILDER  . It is anticipated  that
personnel  participating  in such  training  will  include  the  plant  manager,
laboratory manager and shift supervisors who will work at the Plant for a period
of 1-3 weeks.  DESIGN/BUILDER  will not charge any fee to OWNER for this startup
training and DESIGN/BUILDER  will provide all training  materials.  Expenses for
OWNER's employees such as travel,  salaries, rooms and meals of the participants
will be the responsibility of OWNER.

Training Course Outline

ICM  provides a six week  training  course for all  production  employees of the
facility. These six weeks are coordinated as follows:

     1.   Classroom  training.  (first week) Each day of this week begins with a
          two hour safety topic (i.e.  lock-out tag-out,  confined space, hazard
          communication,  etc.) to expose the  employees  to safety  precautions
          applicable  to the  process.  The  remaining  time is dedicated to the
          chemistry and unit operations used for converting grain to ethanol:

               • cook (liquefaction of starch to dextrin's)
               •    fermentation  (conversion  of sugar to  ethanol  and  carbon
                    dioxide)
               •    distillation/evaporation  (separation  of ethanol from water
                    and corn solids)
               •    centrifugation (concentration of corn solids)
               •    dried distiller's grain dryer systems.
     2.   Employees are sent to an ethanol  facility in operation  (second week)>
          each day they receive four hours of  classroom  training  covering the
          same  topics  as in week  one.  They  also  experience  four  hours of
          hands-on learning with the facility's operators.  This exposes them to
          the duties  required  of an  operator  including:  sampling,  computer
          operations,  key  operating  parameters,  safety  concerns and overall
          plant operations culture.
     3.   Employees are given  specific  vendor  training on topics (third week)
          including but not limited to:
                •    enzymes
                •    yeast
                •    boiler operations


                                      -23-




                •    water treatment
                •    centrifuge operation
                •    pump operation
                •    instrumentation
                •    heat exchangers
                •    cooling tower
                •    grain handling
                •    methanator water treatment.
                •    rolling stock


         ICM also  provides  a Process  Hazard  Analysis  review  with the plant
         management  team  and  several  operators.   This  is  led  by  an  ICM
         professional engineer.  When no presentations are scheduled,  employees
         are assigned the task of labeling tanks,  piping and equipment in order
         to  increase  their  familiarity  with  equipment  location  and piping
         contents.
     4.   Similar as week three. (fourth week)
     5.   Employees return to an operating plant.  (fifth week) This visit, they
          are  allowed  to  run  the  ethanol  process  while  under  the  plant
          operator's supervision.
     6.   The ICM start up team is on-site to start water  trials  (sixth  week)
          (this may begin in week five as well).  The  boiler is started up this
          week or possibly the week prior under  supervision of the manufacturer
          and boiler  inspector.  Water is introduced into the first tank in the
          process and transferred through the piping system in order to test the
          following:

          •    vessel integrity
          •    welding quality
          •    valve and instrument performance and tuning
          •    pump performance
          •    vacuum leaks in the distillation system
          •    heat exchanger integrity
         Steam is introduced into the cook system and evaporator  system to test
         for leaks and expansion joint performance.  The cooling tower is filled
         and circulated as well. Thus, prior to the introduction of grain to the
         hammer mills,  the entire  process is brought up to flow,  pressure and
         temperature  using water and steam.  This not only tests the mechanical
         integrity  of the  workmanship  but also  provides the  employees  with
         additional experience operating the control system.

         It is recommended  plant employees are on the 24 hour coverage schedule
         to ensure water trials are completed in a timely manner.


In  addition,  for * days  after  Substantial  Completion,  Design/Builder  will
provide  up to two (2)  ICM  representatives  on-site  technical  and  operating
support.  Design/Builder  will also provide  off-site  support for a period of *
days after Substantial  Completion.  All of the foregoing services will be at no
additional cost to OWNER.


*OMITTED  PURSUANT TO A REQUEST FOR CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.


                                      -24-


                                    Exhibit H
                                       to
                   Agreement Between Owner and Design/Builder
                       On the Basis of a Stipulated Price

INSURANCE

DESIGN/BUILDER'S  Employers'  Liability,   Business  Automobile  Liability,  and
Commercial  General  Liability  policies,  as  required  in  General  Conditions
paragraph 5.02 shall be written with at least the following limits of liability:

          1.   Employers' Liability Insurance

               a.   $1,000,000 Bodily Injury by Accident Each Accident
               b.   $1,000,000 Bodily Injury by Disease Policy Limit
               c.   $1,000,000 Bodily Injury by Disease Each Employee

          2.   Business Automobile Liability Insurance

               a.   $1,000,000 Each Accident

          3.   Commercial General Liability Insurance
               a.   $1,000,000 Each Occurrence
               b.   $2,000,000 General Aggregate
               c.   $2,000,000 Products/Completed Operations Aggregate
               d.   $1,000,000 Personal and Advertising Injury Limit

          4.   Liability  Umbrella  policy:   $4,000,000  (in  addition  to  the
               underlying limits).

          5.   Professional  Errors & Omissions  policy.  $1,000,000  per policy
               year.

          6.   Worker's Compensation - Statutory Limits.


                                      -25-


                                    Exhibit I
                                       to
                   Agreement Between Owner and Design/Builder
                       On the Basis of a Stipulated Price

Equipment Warranty:

The warranty for Plant  production  rates,  product  quality,  efficiencies  and
emissions standards is covered in Exhibit A. This Exhibit I specifically defines
DESIGN/BUILDER's  operating  warranty  for Plant  equipment  inside the  battery
limit.

DESIGN/BUILDER  reserves  the right at its own  discretion,  to void any and all
warranty if the operation of the Plant and/or its subsystems,  exceeds nameplate
capacity by five percent (5%) or more.

DESIGN/BUILDER  is OWNER's  first  point of contact for any claim of warranty by
OWNER against  DESIGN/BUILDER  concerning Plant  equipment,  during the warranty
period.

The cost of labor  performed by vendors  other than  DESIGN/BUILDER  to settle a
warranty claim situation,  without written permission from DESIGN/BUILDER,  will
not be covered under any warranty expressed or implied by DESIGN/BUILDER.

What is furnished under the warranty:

The warranty will furnish  replacement  consumables  and parts covered under the
warranty.  Labor  will only be  furnished  by  DESIGN/BUILDER  to  repair  items
warranted for workmanship and originally designed and built by DESIGN/BUILDER.

What is covered by the warranty:

Workmanship and materials on all plant equipment  including pumps,  instruments,
controls, DCS, switchgear, wiring, conveyors, gearboxes, auger flighting, valves
2" size and above, valve actuators,  tanks,  vessels, air compressors,  boilers,
cooling towers,  motors,  couplers,  belts,  sheaves,  chains,  sprockets,  heat
exchangers, agitators, centrifuges, fans, blowers, Hvac units, and other related
equipment.

Warranty will cover failures of seals for lack of coolant flush during the seven
(7) day performance test described in Exhibit A.

Warranty will cover failure of seals and couplers caused by misalignment  during
the seven (7) day performance test described in Exhibit A.

Warranty will cover failure of pump seals caused by product misapplication.


Warranty will cover labor and parts to repair all leakage from pipes, exchangers
and valves during the seven (7) day performance test described in Exhibit A.



                                      -26-



What is not covered by the warranty:

Warranty does not cover damage to process equipment of any kind, from,  improper
maintenance, improper operation, operator negligence or abuse.

Warranty does not cover catastrophic  failures of the critical path equipment by
chain reaction, from improper operation,  abuse or neglect of other equipment or
procedures in the process  equipment  critical path and/or acts of God,  whether
upstream or downstream.

Warranty  does not cover  damage  caused by customer  modification  of equipment
included in the warranty  list during the warranty  period,  without the written
consent of DESIGN/BUILDER.

Warranty does not cover pipe gaskets,  sight  glasses,  valves under 2" in size,
door  knobs,  walk in doors  and  closers,  pipe and  border  painting,  man-way
gaskets, countertops and window glasses after the seven (7) day performance test
described in Exhibit A.

Warranty does not cover pump seals,  pump motors and bearings that fail for lack
of coolant flush after the seven (7) day  performance  test described in Exhibit
A.

Warranty  does not  cover  pump  seals  or  couplers  after  the  seven  (7) day
performance test described in Exhibit A that fail from misalignment.

Warranty  will not cover failure of any size valve when failure is determined to
be a result of owner welding on or near the valve.

Warranty will not cover  failure of any  equipment due to improper  grounding of
welding equipment.

Warranty  will not cover any  equipment  damaged  by  lightning  strikes,  power
surges, power outages or poor quality power from the electricity supplier.

Warranty will not cover leaking plate and frame  exchangers  after the seven (7)
day performance test described in Exhibit A.

Procedure for warranty claim:

DESIGN/BUILDER  does not expect  OWNER to remain out of service  with  equipment
that has failed  during the warranty  period while trying to settle the warranty
claim. Whether covered by warranty or not the plant must operate.

Consumable  items such as  motors,  gearboxes,  seals,  switchgear  and  similar
equipment should be replaced and the damaged unit returned to  DESIGN/BUILDER or
made available for  inspection by  DESIGN/BUILDER.  DESIGN/BUILDER  reserves the
right to return the item to the  manufacturer  for evaluation  before settling a
warranty issue.

Failure to return or produce for  inspection the damaged parts or equipment will
void any warranty expressed or implied.


                                      -27-


     1.   The first  step by OWNER to  satisfy a  warranty  question  is to call
          DESIGN/BUILDER's  project  manager (or the  delegated  alternate)  and
          notify that person of the claim. Provide the following information:

          A.   Item nomenclature
          B.   Equipment or part number
          C.   Description of failure
          D.   Corrective action taken
          E.   Location and disposition of failed item

     2.   Fill out the electronic form provided by  DESIGN/BUILDER  and send the
          form by mail or email to the Project manager or his designate.

     3.   Project manager or delegate will respond within one (1) working day to
          acknowledge the claim and  documentation,  by phone and follow up with
          email.

     4.   Determination  of settlement  will be made in forty-five  (45) days or
          less by  DESIGN/BUILDER.  If conflict  arises  from the  determination
          between OWNER and DESIGN/BUILDER, such conflict will be resolved under
          the  dispute  resolution  procedure  set  forth in  Article  15 of the
          General Conditions.

Warranty Period:

The warranty  period is the twelve (12) month period  commencing  on the date of
Substantial  Completion  and  ending on the date  that is 12 months  immediately
thereafter.  In order for OWNER to make a warranty claim the deficiency  must be
discovered,  and OWNER must notify  DESIGN/BUILDER in writing of such deficiency
within this warranty period.


                                      -28-


*THE  PORTIONS OF THIS  EXHIBIT L WHICH ARE MARKED  WITH AN  ASTERISK  HAVE BEEN
OMITTED  PURSUANT TO A REQUEST FOR  CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

EXHIBIT L

                                                                                                                           Exhibit L

APPLICATION AND CERTIFICATE FOR PAYMENT              AIA DOCUMENT G702                                             PAGE 1 of 7 PAGES
------------------------------------------------------------------------------------------------------------------------------------
TO OWNER:  Southwest Iowa Renewable Energy, LLC    ICM Project Nol. G150          APPLICATION NO.:             Distribution to:
                                                   110 MMGY                             PERIOD TO:      Exhibit J---------OWNER
                                                   Ethanol Production Facility       PROJECT NOS.:           G150
                                                                                 APPLICATION DATE:      Exhibit J---------CONTRACTOR
                                                                                 CONTRACT DATE:         Exhibit J
FROM CONTRACTOR:    ICM                                VIA ENGINEER          ICM, Inc.
                    310 N. First Street                                      P.o. Box 397
                    Colwich, KS 67030                                        Colwich, KS 67030

CONTRACT FOR:                        Ethanol Plant Engineering/Procurement/Construction
------------------------------------------------------------------------------------------------------------------------------------
CONTRACTOR'S  APPLICATION FOR PAYMENT                           The undersigned Contractor certifies that to the best of the
Application is made for payment, as shown below in              Contractor's knowledge, information and belief the Work covered by
connection with the contract.  Continuation Sheet,              this Application for Payment has been completed in accordance with
AIA, Document G703, is attached.                                the Contract Documents, that all amounts have been paid by the
                                                                Contractor for Work for which previous Certificates for Payment were
1.  ORIGINAL CONTRACT SUM.............   $--------------        issued and payments received from the Owner, and that current payment
2.  Net Change by Change Orders.......   ---------------        shown herein is now due.
3.  Contract sum to date (Line 1+2)...   $--------------
4.  TOTAL COMPLETED & STORED TO DATE..   $--------------        CONTRACTOR
    (Column G on G703)
5.  RETAINAGE:                                                  BY:----------------------------------- Date:------------------------
    A. --% of Completed Work $--------                                    State of:
    Total Retainage (Line 5a + 5b or                                     County of:
      Total in Column 1 of G703                                 Subscribed and sworn to before
6.  TOTAL EARNED LESS RETAINAGE.......   $--------------        Me this                day of
    (Line 4 less Line 5 Total)                                  Notary Public:
7.  CREDIT TO DOWNPAYMENT.............   $--------------        My Commission expires:
    -% of each progress payment                                 --------------------------------------------------------------------
7a. REMAINING DOWN PAYMENT CREDIT        $--------------
8.  TOTAL EARNED LESS RETAINAGE.......   ---------------        CERTIFICATE FOR PAYMENT
    & CREDIT TO DOWNPAYMENT
9.  LESS PREVIOUS CERTIFICATES FOR                              --------------------------------------------------------------------
    PAYMENT
    (Line 8 from prior Certificate)       ---------------       In accordance with the Contract Documents, based on on-site
10. CURRENT PAYMENT DUE...............    ---------------       observations and the data comprising this application, the Architect
11. BALANCE TO FINISH, INCLUDING                                certifies to Owner that to the best of the Architect's knowledge,
    RETAINAGE                             ---------------       information and belief the Work has progressed as indicated, the
                $---------------------                          quality of the Work is in accordance with the Contract Documents,
                                                                and the Contractor is entitled to payment of the AMOUNT CERTIFIED.
---------------------------------------------------------------
CHANGE ORDER SUMMARY      ADDITIONS            DEDUCTIONS       AMOUNT CERTIFIED........................ $--------------------------
---------------------------------------------------------------(Attached explanation if amount certified differs from the amount
                                                                applied for.  Initial all figures on this Application and on the
--------------------------------------------------------------- Continuation Sheet that are changed to conform to the amount
                                                                certified.)
--------------------------------------------------------------- ARCHITECT:
                                                                By:----------------------------------- Date:------------------------
--------------------------------------------------------------- This certificate is not negotiable. The AMOUNT CERTIFIED is payable
                                                                only to the Contractor named herein.  Issuance, payment and
--------------------------------------------------------------- acceptance of payment are without prejudice to any rights of the
                                                                Owner or Contractor under this Contract.
---------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------






*PORTIONS  OF  THIS  EXHIBIT  HAVE  BEEN  OMITTED  PURSUANT  TO  A  REQUEST  FOR
CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED  SEPARATELY WITH THE SECURITIES AND
EXCHANGE COMMISSION.

------- ----------------------- ----------- -------------- ------------- ------ ----- ------ ----- ------ ----- ------ ------- ------ ------- ----- ------ ------ ----- ------ ----- ------
ID      Task Name               *           *              *             *      *     *      *     *      *     *      *       *      *       *     *      *      *     *      *     *
------- ----------------------- ----------- -------------- ------------- ------ ----- ------ ----- ------ ----- ------ ------- ------ ------- ----- ------ ------ ----- ------ ----- ------
1       Concrete                *           *              *
------- ----------------------- ----------- -------------- ------------- ------ ----- ------ ----- ------ ----- ------ ------- ------ ------- ----- ------ ------ ----- ------ ----- ------
2       Steel Erection          *           *              *
------- ----------------------- ----------- -------------- ------------- ------ ----- ------ ----- ------ ----- ------ ------- ------ ------- ----- ------ ------ ----- ------ ----- ------
3       Equipment Installation  *           *              *
------- ----------------------- ----------- -------------- ------------- ------ ----- ------ ----- ------ ----- ------ ------- ------ ------- ----- ------ ------ ----- ------ ----- ------
4       Piping Installation     *           *              *
------- ----------------------- ----------- -------------- ------------- ------ ----- ------ ----- ------ ----- ------ ------- ------ ------- ----- ------ ------ ----- ------ ----- ------
5       Insulation              *           *              *
------- ----------------------- ----------- -------------- ------------- ------ ----- ------ ----- ------ ----- ------ ------- ------ ------- ----- ------ ------ ----- ------ ----- ------
6       Painting                *           *              *
------- ----------------------- ----------- -------------- ------------- ------ ----- ------ ----- ------ ----- ------ ------- ------ ------- ----- ------ ------ ----- ------ ----- ------
7       Training                *           *              *
------- ----------------------- ----------- -------------- ------------- ------ ----- ------ ----- ------ ----- ------ ------- ------ ------- ----- ------ ------ ----- ------ ----- ------
8       Startup                 *           *              *
------- ----------------------- ----------- -------------- ------------- ------ ----- ------ ----- ------ ----- ------ ------- ------ ------- ----- ------ ------ ----- ------ ----- ------
9       Grind                   *           *              *
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
------------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------
                                Task                                                Rolled Up Task                                      External Tasks
Project G150 SIRE Schedule
Date:  *
Exhibit K
------------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------

------------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------
                                Progress                                            Rolled Up Milestone                                 Project Summary
------------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------
                                                                                                                                                                  ~/                ~/
------------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------
                                Milestone                 ?                         Rolled Up Progress                                  Group By Summary
------------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------

------------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------
                                Summary                                             Split                                               Deadline                  ~/
------------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                     Page 1
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
* OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.






*PORTIONS  OF  THIS  EXHIBIT  HAVE  BEEN  OMITTED  PURSUANT  TO  A  REQUEST  FOR
CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED  SEPARATELY WITH THE SECURITIES AND
EXCHANGE COMMISSION.
---------------------------------------- -------------- ---------- ------------- --------------- -------------- --------------------------- ------------ --------------- ------------------
CONTINUATION SHEET                                                                                              AIA DOCUMENT G703                                        PAGE 6 OF 7 PAGES
------------------------------------------------------- ---------- ------------- --------------- -------------- -------------- ------------------------- --------------- ------------------
AIA Document G702, APPLICATION AND CERTIFICATE FOR                                                                                     APPLICATION NO.:    Exhibit L
PAYMENT
------------------------------------------------------- ---------- ------------- --------------- -------------- -------------- ------------------------- --------------- ------------------
Containing Contractor's signed Certification, is                                                                                      APPLICATION DATE:
attached.
------------------------------------------------------- ---------- ------------- --------------- -------------- -------------- ------------------------- --------------- ------------------
In Tabulations below, amounts are stated to the                                                                                              PERIOD TO:
nearest dollar.
------------------------------------------------------- ---------- ------------- --------------- -------------- -------------- ------------------------- --------------- ------------------
Use Column 1 on Contracts where variable retainage ARCHITECT'S PROJECT NO.: G150
for the line items may apply.
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------

--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- ------------------------- --------------- ------------------
   A                     B                                              C              D               E              F                   G                    H                 I
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- ------------------------- --------------- ------------------
                                                                                        WORK COMPLETED            MATERIALS        TOTAL
--------- -------------------------------- ------------ ---------- ------------- ------------------------------ -------------- -------------- ---------- --------------- ------------------
                                                                                      FROM                        PRESENTLY      COMPLETED                  BALANCE          RETAINAGE
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
  ITEM                                      SCHEDULED               SCHEDULED       PREVIOUS                       STORED       AND STORED        *            TO          (IF VARIABLE
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
  NO.     DESCRIPTION OF WORK                AMOUNT     IN PLACE      VALUE       APPLICATION     THIS PERIOD      (NOT IN        TO DATE       (G/C)        FINISH            RATE)
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------

--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11        ELECTRICAL                                                    *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
          Electrical Equipment &                *                       *                                             *              *            *            *                 *
          Materials
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.1      Switchgear/MCC's                      *                       *                                             *              *            *            *                 *
          Purchase/Issue PO *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.2      Switchgear/MMC's Vendor               *                       *                                             *              *            *            *                 *
          Drawings *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.3      Switchgear/MMC's One Site *           *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.4      Electrical Wire/Cable                 *                       *                                             *              *            *            *                 *
          Purchase/Issue PO *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.5      Electrical Wire/Cable On Site *       *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.6      DCS Purchase/Issue PO *               *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.7      DCS Vendor Drawings *                 *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.8      DCS On Site *                         *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.9      Instrument Cable                      *                       *                                             *              *            *            *                 *
          Purchase/Issue PO *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.10     Instrument Cable On Site *            *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.11     Cable Trays Purchase/Issue PO *       *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.12     Cable Trays On Site *                 *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.13     Lighting Fixtures                     *                       *                                             *              *            *            *                 *
          Purchase/Issue PO *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.14     Lighting Fixtures On Site *           *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.15     Instruments & J Boxes                 *                       *                                             *              *            *            *                 *
          Purchase/Issue PO *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.16     Instruments & J Boxes On Site *       *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.17     Order Conduit *                       *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.18     Conduit Onsite *                      *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.19     Order Heat Trade *                    *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.20     Heat Trace Onsite *                   *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
          Primary distribution                                          *                                                                                      *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
          Secondary Distribution                                        *                                                                                      *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.21     Electrical Wire/Cable                 *                       *                                             *              *            *            *                 *
          Installation
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.22     Switchgear/MMC's Set                  *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.23     Secondary transformers/panels         *                       *                                             *              *            *            *                 *
          Set
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.24     Terminations                          *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.25     Energized                             *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.26     Cable Tray                            *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
          Motors                                                        *                                                                                      *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.27     Cable Installation                    *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.28     Terminations                          *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.29     Energized (checked and bumped)        *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
          Lighting                                                      *                                                                                      *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.30     Fixtures Installation                 *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.31     Energized (completed)                 *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
* OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.




---------------------------------------- -------------- ---------- ------------- --------------- -------------- --------------------------- ------------ --------------- ------------------
CONTINUATION SHEET                                                                                              AIA DOCUMENT G703                                        PAGE 7 OF 7 PAGES
------------------------------------------------------- ---------- ------------- --------------- -------------- -------------- ------------------------- --------------- ------------------
AIA Document G702, APPLICATION AND CERTIFICATE FOR                                                                                     APPLICATION NO.:
PAYMENT
------------------------------------------------------- ---------- ------------- --------------- -------------- -------------- ------------------------- --------------- ------------------
Containing Contractor's signed Certification, is                                                                                      APPLICATION DATE:    Exhibit L
attached.
------------------------------------------------------- ---------- ------------- --------------- -------------- -------------- ------------------------- --------------- ------------------
In Tabulations below, amounts are stated to the                                                                                              PERIOD TO:
nearest dollar.
------------------------------------------------------- ---------- ------------- --------------- -------------- -------------- ------------------------- --------------- ------------------
Use Column 1 on Contracts where variable retainage ARCHITECT'S PROJECT NO.: G150
for the line items may apply.
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------

--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
   A                     B                                              C              D               E              F                   G                    H                 I
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- ------------------------- --------------- ------------------
                                                                                        WORK COMPLETED            MATERIALS        TOTAL
--------- -------------------------------- ------------ ---------- ------------- ------------------------------ -------------- -------------- ---------- --------------- ------------------
                                                                                      FROM                        PRESENTLY      COMPLETED                  BALANCE          RETAINAGE
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
  ITEM                                      SCHEDULED               SCHEDULED       PREVIOUS                       STORED       AND STORED        *            TO          (IF VARIABLE
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
  NO.     DESCRIPTION OF WORK                AMOUNT     IN PLACE      VALUE       APPLICATION     THIS PERIOD      (NOT IN        TO DATE       (G/C)        FINISH            RATE)
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
                                                                                    (D + E)                        D OR E)      (D + E + F)                 (C - G)
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
          Instrumentation                                               *                                                                                      *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.32     DCS panels Set *                      *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.33     Instruments Installation              *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.34     Cable Installation                    *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.35     Jboxes Installation                   *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.36     Jboxes Wiring/terminations            *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.37     Terminations                          *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.38     Loop check complete                   *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.39     Programming                           *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
          Misc.                                                         *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.40     Outlets/receptacles                   *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.41     HVAC                                  *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.42     Grounding                             *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
11.43     Heat Trace Installation               *                       *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
                                                                                                                                                               *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
12.01     Issue P.O. For DDG Loadout                                    *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
12.02     DDG Building Foundation                                       *                                             *              *            *            *                 *
          Installed
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
12.03     DDG Building Constructed                                      *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
12.04     Rail Loadout Building                                         *                                             *              *            *            *                 *
          Foundation
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
12.05     Rail Loadout Building                                         *                                             *              *            *            *                 *
          Constructed
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
12.06     DDG Loadout Equipment Installed                               *                                             *              *            *            *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------

--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------

--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
13        Change Orders                                                 *                                                                                      *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------

--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------

--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------

--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
          TOTALS                                                        *              *               *              *              *                         *                 *
--------- -------------------------------- ------------ ---------- ------------- --------------- -------------- -------------- -------------- ---------- --------------- ------------------
* OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.



                                      -29-



                                    Exhibit M
                                       to
                   Agreement Between Owner and Design/Builder

                       On the Basis of a Stipulated Price

                           [Form of Notice to Proceed]

                                  (Plant Name)


(Date)

(Project Manager Name)
ICM, INC.
310 N. First Street
Colwich, KS 67030
(Phone Number)

Re: Notice to Proceed

Dear (Project Manager):

This letter will serve as authorization and Notice to Proceed for ICM, Inc. with
regards  to the  construction  of (Plant  Name) LLC  ethanol  plant in (City and
State) in accordance  with the  Design/Build  contract  dated  (Insert  Contract
Date), in place with ICM, INC.

Pursuant to Article 2.01A of the Agreement, the project will be completed within
(Number of  Calendar  days in  contract)  days after the date when the  Contract
Times  commence  to run as set forth in  subparagraph  1.01A.10  of the  General
Conditions.  Contract  time will  commence  at such time when Owner  delivers to
Design/Builder the Notice to Proceed,  signed Contract Documents,  Down Payment,
air permit for the project, all necessary  underground  utilities are installed,
all fill  material is placed,  and a level,  buildable  site is delivered to the
Design/Builder as required in Exhibit E of the Contract.


Signature: ___________________
Printed Name: _________________
Its:
(Company Name)
(Date)


                                      -30-


GENERAL CONDITIONS OF THE
                                                      CONTRACT BETWEEN
                                                  OWNER AND DESIGN/BUILDER

ARTICLE 1--DEFINITIONS

1.01     Defined Terms

     A.  Wherever  used in these  General  Conditions  or in the other  Contract
Documents the following  terms have the meanings  indicated which are applicable
to both the singular and plural thereof:

    1. Agreement--The Agreement Between Owner and Design/Builder on the Basis of
    a  Stipulated  Price  covering  the  Work.  Other  Contract   Documents  are
    incorporated into the Agreement and made a part thereof as provided therein.

    2.  Application  for  Payment--The  form that is  substantially  similar  to
    Exhibit J which is to be used by  DESIGN/BUILDER  in requesting  progress or
    final  payments  and  which  is  to  be   accompanied  by  such   supporting
    documentation as is required by the Contract Documents.

    3. Asbestos--Any  material that contains more than one percent (1%) asbestos
    and is friable or is releasing  asbestos  fibers into the air above  current
    action  levels  established  by the United  States  Occupational  Safety and
    Health Administration.

    4. Bond--Performance or payment bond or other instrument of security.

    5. Change Order--A written order which is signed by DESIGN/BUILDER and OWNER
    which  authorizes  an  addition,  deletion or  revision  in the Work,  or an
    adjustment in the Contract Price or the Contract  Times,  issued on or after
    the Effective Date of the Agreement.

    6.  Construction--The  performing or furnishing of labor, the furnishing and
    incorporating of materials and equipment into the Work and the furnishing of
    services  (other than Design  Professional  Services) and documents,  all as
    required by the Contract Documents.  Construction includes the materials and
    equipment incorporated into the Project.

    7. Construction Subagreement--A written agreement between DESIGN/BUILDER and
    a construction contractor for provision of Construction.

    8. Contract  Documents--The  Agreement and related  exhibits,  the Notice to
    Proceed,  these  General  Conditions,  the  Specifications  and the Drawings
    together with all Change Orders, and Written Amendments,  issued on or after
    the Effective Date of the Agreement.

    9.  Contract  Price--The  moneys  payable  by  OWNER to  DESIGN/BUILDER  for
    completion of the Work in accordance with the Contract Documents.

    10. Contract  Times--The number of days or the dates stated in the Agreement
    (i) to achieve Substantial Completion, and (ii) to complete the Work so that
    it is ready for final payment in accordance with paragraph 13.08.


                                      -31-




    11.  defective--An  adjective  which when  modifying  the term  Construction
    refers to Construction that is unsatisfactory,  faulty or deficient, in that
    it does  not  conform  to the  Contract  Documents,  or does  not  meet  the
    requirements  of  any  inspection,  reference  standard,  test  or  approval
    referred to in the Contract Documents,  or has been damaged prior to OWNER's
    final payment.

    12. DESIGN/BUILDER--ICM, Inc., a Kansas corporation.

    13. Design  Subagreement--A  written agreement between  DESIGN/BUILDER and a
    design professional for provision of Design Professional Services.

    14.  Design  Professional  Services--Services  provided  by or for  licensed
    design  professionals  during  Construction,  or  operational  phases of the
    Project,  including the development of drawings,  Specifications,  and other
    design  submittals  specified by the Contract  Documents  and required to be
    performed by licensed design professionals.

    15.  Drawings--Those  portions of the Contract  Documents prepared by or for
    DESIGN/BUILDER  and  approved by OWNER  consisting  of  drawings,  diagrams,
    illustrations,  schedules and other data which show the scope,  extent,  and
    character of the Work.

    16. Effective Date of the Agreement--The  date indicated in the Agreement on
    which it becomes  effective,  but if no such date is  indicated it means the
    date on which the  Agreement is signed and  delivered by the last of the two
    parties to sign and deliver.

    17.   Engineer--A   duly  licensed   individual  or  entity   designated  by
    DESIGN/BUILDER to perform or furnish specified Design Professional  Services
    in connection with the Work.

    18.  Hazardous  Condition--The  presence at the Site of Asbestos,  Hazardous
    Waste, PCB's, Petroleum Products or Radioactive Materials in such quantities
    or circumstances that there is a danger to persons or property.

    19.  Hazardous  Waste--The  term  Hazardous  Waste  shall  have the  meaning
    provided  in Section  1004 of the Solid Waste  Disposal  Act (42 USC Section
    6903).

    20. Laws and Regulations;  Laws or Regulations--Any and all applicable laws,
    rules,  regulations,  ordinances,  codes, permits, and orders of any and all
    governmental bodies, agencies, authorities and courts having jurisdiction.

    21. Liens--Charges, security interests or encumbrances upon real property or
    personal property.

    22. Notice to  Proceed--A  written  notice given by OWNER to  DESIGN/BUILDER
    fixing  the  date on  which  the  Contract  Times  will  commence  to run in
    accordance with paragraph 2.01.

    23.  OWNER--The  public body, or  authority,  individual or entity with whom
    DESIGN/BUILDER has entered into the Agreement and for whom the Work is to be
    provided.

    24. PCBs--Polychlorinated biphenyls.

    25. Petroleum--Petroleum,  including crude oil or any fraction thereof which
    is liquid at standard  conditions  of  temperature  and pressure (60 degrees
    Fahrenheit  and  14.7  pounds  per  square  inch


                                      -32-


     absolute),  such as oil,  petroleum,  fuel oil,  oil  sludge,  oil  refuse,
     gasoline, kerosene, and oil mixed with other non-Hazardous Wastes and crude
     oils.

    26. Project--The Construction to be provided under the Contract Documents as
    provided in paragraph 1.01 of the Agreement.

    27. Punch List Items-- The  miscellaneous  items in the scope of the Project
    that are not required for the Project to be  operational  and that remain to
    be completed by DESIGN/BUILDER after Substantial Completion and before Final
    Completion.

    28. Radioactive Material--Source,  special nuclear, or byproduct material as
    defined by the Atomic  Energy Act of 1954 (42 USC  Section  2011 et seq.) as
    amended from time to time.

    29. Schedule of Values--A  schedule  prepared by  DESIGN/BUILDER  indicating
    that  portion of the Contract  Price to be paid for each major  component of
    the Work.

    30. Site--Lands or other areas designated in the Contract Documents as being
    furnished by OWNER for the  performance  of the  Construction,  storage,  or
    access.

    31. Specifications--Those  portions of the Contract Documents prepared by or
    for  DESIGN/BUILDER  and approved by OWNER  consisting of written  technical
    descriptions of materials,  equipment,  construction systems,  standards and
    workmanship  as  applied  to the  Construction  and  certain  administrative
    details applicable thereto.

    32. Subcontractor--An individual or entity other than a Supplier or Engineer
    having a direct contract with DESIGN/BUILDER or with any other Subcontractor
    for the performance of a part of the Work.

    33.  Substantial  Completion--The  time  at  which  the  Construction  (or a
    specified  part)  has  progressed  to the  point  where  it is  sufficiently
    complete,  in  accordance  with the  Contract  Documents,  and when grain is
    introduced to the hammer mills at a rate of fifty percent (50%) average rate
    over a three (3) day period  with  measurable  output of  ethanol  and dried
    distiller's  grains. The terms  "substantially  complete" and "substantially
    completed" as applied to the Construction refer to Substantial Completion of
    Construction.

    34. Supplier--A manufacturer, fabricator, supplier, distributor, materialman
    or  vendor  having  a  direct  contract  with  DESIGN/BUILDER  or  with  any
    Subcontractor  to furnish  materials or equipment to be  incorporated in the
    Work by DESIGN/BUILDER or any Subcontractor.

    35.  Work--The  entire  completed  construction  or the  various  separately
    identifiable  parts thereof  required to be performed or furnished under the
    Contract  Documents.  Work  includes  and is the  result  of  performing  or
    furnishing  Design  Professional  Services and Construction  required by the
    Contract Documents.

     36.  Written  Amendment--A  written  amendment of the  Contract  Documents,
     signed by OWNER and  DESIGN/BUILDER  on or after the Effective  Date of the
     Agreement.

     37. P&ID's--Process and Instrumentation Diagrams


                                      -33-



ARTICLE 2--PRELIMINARY MATTERS

2.01    Commencement of Contract Times; Notice to Proceed

    A. The  Contract  Times will  commence  to run on the day  indicated  in the
Notice to  Proceed;  provided,  however,  in no case  shall the  Contract  Times
commence to run before the later of the date (i) Notice to Proceed is  delivered
pursuant to paragraph 8.07 of the Agreement,  (ii) the entire amount of the down
payment  is paid  pursuant  to  paragraph  4.01A  of the  Agreement,  (iii)  all
necessary  underground  utilities  have been installed at the Site, and (iv) all
fill  material  is  placed  and  a  level,   buildable   Site  is  delivered  to
DESIGN/BUILDER.  A Notice to Proceed  may be given at any time within the period
of time set forth in Section 8.07 of the Agreement.

2.02    Starting the Work

    A.  DESIGN/BUILDER  shall  start to  perform  the Work on the date  when the
Contract Times commence to run.

2.03    Preliminary Schedules and Proof of Insurance

     A. A preliminary  progress schedule indicating the times (number of days or
dates)  for  starting  and  completing  the  various  stages in the  design  and
construction  of the Work is  attached as Exhibit K. A  preliminary  Schedule of
Values  for all of the  Work,  which  includes  quantities  and  prices of items
aggregating  the Contract  Price,  subdivides the Work into  component  parts to
serve as the basis for  progress  payments  during  performance  of the Work and
includes a pro rata amount of  overhead  and profit  applicable  to each item of
Work is attached hereto as Exhibit L.

    B. Before any Work is started,  DESIGN/BUILDER  and OWNER shall each deliver
to the other, with copies to each additional insured,  certificates of insurance
(and other evidence of insurance which either of them or any additional  insured
may reasonably request) which DESIGN/BUILDER and OWNER respectively are required
to purchase  and  maintain in  accordance  with  paragraphs  5.02.A,  5.04.A and
5.04.B.

ARTICLE 3--CONTRACT DOCUMENTS:  INTENT, AMENDING, REUSE

3.01    Intent

    A. The Contract  Documents  comprise the entire agreement  between OWNER and
DESIGN/BUILDER  concerning the Work. The Contract  Documents are  complementary;
what is called for by one is as binding  as if called for by all.  The  Contract
Documents will be construed in accordance  with the laws of the State of Kansas.
Except as otherwise  required by applicable Laws and  Regulations,  the Contract
Documents  shall govern the  obligations  of the parties  regarding the Work and
Project.

    B. It is the intent of the  Contract  Documents  to describe a  functionally
complete  Project to be designed and constructed in accordance with the Contract
Documents. Any Work, materials or equipment that may reasonably be inferred from
the  Contract  Documents  or from  prevailing  custom  or  trade  usage as being
required to produce the intended result will be furnished and performed  whether
or not  specifically  called for.  When words or phrases which have a well-known
technical or  construction  industry or trade meaning are used to describe work,
materials or equipment, such words or phrases shall be interpreted in accordance
with that meaning.


                                      -34-




3.02    References

    A. Reference to standards, specifications, manuals or codes of any technical
society,  organization  or  association,  or to the Laws or  Regulations  of any
governmental  authority,  whether such reference be specific or by  implication,
shall  mean  the  latest  standard,  specification,  manual,  code  or  Laws  or
Regulations  in effect on the Effective  Date of the Agreement  except as may be
otherwise specifically stated in the Contract Documents.

    B. No provision of any standard, specification,  manual, code or instruction
shall  be  effective  to  change  the  duties  and  responsibilities  of  OWNER,
DESIGN/BUILDER or any of their subcontractors, consultants, agents, or employees
from those set forth in the  Contract  Documents,  nor shall it be  effective to
assign to OWNER any duty or authority to supervise or direct the  furnishing  or
performance  of the Work or any duty or authority  to  undertake  responsibility
inconsistent  with the  provisions  of Article 8 or any other  provision  of the
Contract Documents.

     C. Title headings  contained in the Contract  Documents are for convenience
and  reference  only and are not to be construed  as limiting or  extending  the
meaning  of any of its  provisions.  All  dollar  figures  shall mean the lawful
currency of the United States of America,  unless  expressly  stated  otherwise.
Words  importing  the  singular,  include  the  plural,  and vice  versa.  Words
importing the masculine gender, include the feminine and neuter, and vice versa.
Words importing persons,  include firms or corporations,  and vice versa, as the
context or  reference  requires.  Any and all  measurements  including,  but not
limited to, dimensions, calculations, volumes and weights shall be in U.S. units
of measurement.

3.03 Amending and Supplementing Contract Documents

    A. The Contract Documents may be amended to provide for additions, deletions
and revisions in the Work or to modify the terms and  conditions  thereof in one
or more of the following ways:

     1. A Change Order; or

     2. A formal Written Amendment.

3.04 Reuse of Documents

     A.  All  documents  including  Drawings  and  Specifications   prepared  or
furnished by DESIGN/BUILDER  pursuant to the Contract  Documents are instruments
of  service  in  respect  of the  Project  and  DESIGN/BUILDER  shall  retain an
ownership and property interest therein whether or not the Project is completed.
OWNER may make and retain  copies for  information  and  reference in connection
with the use and  occupancy  of the Project by OWNER and others;  however,  such
documents are not intended or  represented  to be suitable for reuse by OWNER or
others on extensions of the Project or on any other  project.  Any reuse without
written  verification or adaptation by  DESIGN/BUILDER  for the specific purpose
intended will be at OWNER's sole risk and without liability or legal exposure to
DESIGN/BUILDER,  and OWNER shall  indemnify  and hold  harmless  DESIGN/BUILDER,
Subcontractors,  and  Engineer  from all claims,  damages,  losses and  expenses
including  attorneys'  fees  arising  out of or  resulting  therefrom.  Any such
verification or adaptation will entitle  DESIGN/BUILDER to further  compensation
at rates to be agreed upon by OWNER and DESIGN/BUILDER.


                                      -35-



    B. All documents including Drawings and Specifications prepared or furnished
by DESIGN/BUILDER pursuant to the Contract Documents are also subject to the use
and disclosure  restrictions set forth in the License Agreement  attached to the
Agreement  as Exhibit F. The parties  shall  execute and  deliver  such  License
Agreement  in  connection  with the  execution  and  delivery of the  Agreement.
Nothing  contained in paragraph  3.04.A.  shall be construed or  interpreted  as
granting  OWNER  any  rights  or  interest  in  the   Proprietary   Property  of
DESIGN/BUILDER  (as  defined  in  Exhibit  F) except as  provided  in  Exhibit F
attached to the Agreement.

ARTICLE  4--AVAILABILITY OF LANDS; DIFFERING SITE CONDITIONS;  REFERENCE POINTS;
HAZARDOUS CONDITIONS

4.01    Availability of Lands

    A.  OWNER  shall  furnish  the Site  upon  which the  Construction  is to be
performed, and rights-of-way and easements for access thereto.

    B. Upon reasonable written request,  OWNER shall furnish DESIGN/BUILDER with
a correct statement of record legal title and legal description of the Site upon
which the  Construction is to be performed and OWNER's interest  therein.  OWNER
shall identify any encumbrances or restrictions  not of general  application but
specifically  related to use of the Site so furnished with which  DESIGN/BUILDER
will have to comply in performing the Work. Any and all easements  necessary for
the Work will be obtained and paid for by OWNER.

    C. OWNER shall provide such lands and access  thereto that may be reasonably
required by DESIGN/BUILDER for temporary  construction  facilities or storage of
materials and equipment.

4.02     Differing Site Conditions

    A. DESIGN/BUILDER  shall promptly,  and before the conditions are disturbed,
give a written notice to OWNER of (i) subsurface or latent  physical  conditions
at the  Site  which  differ  materially  from  those  indicated  in the  OWNER's
geotechnical report for the Project site or the land and grading  specifications
listed in Exhibit E, or (ii)  unknown  physical  conditions  at the Site,  of an
unusual nature,  which differ  materially from those ordinarily  encountered and
generally  recognized  as  inhering in work of the  character  called for by the
Contract Documents.

    B. OWNER will  investigate the site conditions  promptly after receiving the
notice.  If the  conditions  do  materially  so differ and cause an  increase or
decrease in the  DESIGN/BUILDER's  cost of or time in performing any part of the
Work, an equitable  adjustment  shall be made under this clause and the Contract
Times and/or  Contract  Price  modified in writing by Change Order in accordance
with Article 9.

    C. No request  by  DESIGN/BUILDER  for an  equitable  adjustment  under this
paragraph  4.02 shall be allowed  unless  DESIGN/BUILDER  has given the  written
notice  required;  provided  that the time  prescribed  in paragraph  9.02.A for
giving written notice may be extended by OWNER.


                                      -36-



4.03     Reference Points

    A.  DESIGN/BUILDER  shall be responsible for laying out the Construction and
shall protect and preserve the reference points established by OWNER pursuant to
paragraph  8.01.A.6.e and shall make no changes or relocations without the prior
written  approval of OWNER.  DESIGN/BUILDER  shall report to OWNER  whenever any
reference point or property monument is lost or destroyed or requires relocation
because of necessary  changes in grades or locations,  and shall be  responsible
for the accurate  replacement or relocation of such reference points or property
monuments by professionally qualified personnel.

4.04    Hazardous Conditions

    A. OWNER  represents  and warrants  that there is no Hazardous  Condition or
materials that could create a Hazardous Condition existing at the Site as of the
Effective  Date of the  Agreement  that has not been  disclosed  in  writing  to
DESIGN/BUILDER and that OWNER or OWNER's officers, directors, employees, agents,
other consultants or subcontractors  shall not bring to the Site during the term
of the  Agreement any materials  creating a Hazardous  Condition.  OWNER will be
responsible  for any Hazardous  Condition  encountered at the Site which was not
identified in the Contract  Documents to be within the scope of the Work.  OWNER
shall not be responsible for materials creating a Hazardous Condition brought to
the Site by  DESIGN/BUILDER,  Subcontractors,  Suppliers or anyone else for whom
DESIGN/BUILDER is responsible.

    B. DESIGN/BUILDER and any affected  Subcontractor shall immediately (i) stop
all  Construction  in connection  with such Hazardous  Condition and in any area
affected  thereby  (except in an emergency as required by paragraph  6.15),  and
(ii) notify OWNER (and thereafter  confirm such notice in writing).  OWNER shall
promptly  determine  the  necessity of retaining a qualified  expert to evaluate
such Hazardous Condition or take corrective action, if any. DESIGN/BUILDER shall
not be  required  to resume  Construction  in  connection  with  such  Hazardous
Condition  or in any such  affected  area until  after  OWNER has  obtained  any
required permits related thereto and delivered to DESIGN/BUILDER special written
notice (i) specifying that such Hazardous  Condition and any affected area is or
has been rendered safe for the resumption of  Construction,  or (ii)  specifying
any special  conditions under which such  Construction may be resumed safely. If
OWNER and  DESIGN/BUILDER  cannot  agree as to  entitlement  to or the amount or
extent of an adjustment,  if any, in the Contract Times and/or Contract Price as
a result of such  Construction  stoppage or such special  conditions under which
Construction is agreed by DESIGN/BUILDER to be resumed,  either party may make a
claim therefor as provided in Article 9.

    C. To the fullest  extent  permitted  by Laws and  Regulations,  OWNER shall
indemnify and hold harmless DESIGN/BUILDER, Subcontractors, Suppliers, Engineers
and  the  officers,   directors,   employees,   agents,  other  consultants  and
subcontractors  of each and any of them  from and  against  all  claims,  costs,
losses and damages (including but not limited to all reasonable fees and charges
of engineers,  architects,  attorneys and other  professionals  and all court or
arbitration or other dispute  resolution costs) arising out of or resulting from
such Hazardous Condition.  Nothing in this paragraph 4.04.C shall obligate OWNER
to indemnify any individual or any entity,  including  DESIGN/BUILDER,  from and
against the  consequences  of that  individual's  or entity's own  negligence or
willful  misconduct.  OWNER shall not be obligated to indemnify or hold harmless
DESIGN/BUILDER,  Subcontractors, Suppliers or any other individual or any entity
for any such  claim,  cost,  loss or damage  arising  out of or  resulting  from
materials creating a Hazardous  Condition brought to the Site by DESIGN/BUILDER,
Subcontractors,  Suppliers  or  any  other  party  for  whom  DESIGN/BUILDER  is
responsible.


                                      -37-


ARTICLE 5--BONDS AND INSURANCE

5.01     Performance, Payment or Other Bond

    A. DESIGN/BUILDER shall not be required to furnish a performance, payment or
any other Bond.

5.02    DESIGN/BUILDER's Liability Insurance

     A.  DESIGN/BUILDER  shall  purchase and maintain  such  Commercial  General
Liability   (subject  to  customary   exclusions  in  respect  of   professional
liability),  Automobile  Liability  and  Worker's  Compensation  insurance as is
appropriate  for the Work being  performed  and  furnished  and as will  provide
protection  from  claims set forth  below  which may arise out of or result from
DESIGN/BUILDER's  performance  and  furnishing of the Work and  DESIGN/BUILDER's
other obligations under the Contract Documents, whether it is to be performed or
furnished  by  DESIGN/BUILDER,  any  Subcontractor  or  Supplier,  or by  anyone
directly or indirectly  employed by any of them to perform or furnish any of the
Work, or by anyone for whose acts any of them may be liable:

    1. Claims under workers' compensation, disability benefits and other similar
    employee benefit acts;

    2. Claims for damages  because of bodily  injury,  occupational  sickness or
    disease, or death of DESIGN/BUILDER's employees;

    3.  Claims for damages  because of bodily  injury,  sickness or disease,  or
    death of any person other than DESIGN/BUILDER's employees;

    4.  Claims  for  damages  insured by  customary  personal  injury  liability
    coverage  which are  sustained  (i) by any  person as a result of an offense
    directly  or  indirectly  related  to  the  employment  of  such  person  by
    DESIGN/BUILDER, or (ii) by any other person for any other reason;

    5. Claims for damages,  other than to the Work itself,  because of injury to
    or destruction of tangible property wherever located other than claims under
    paragraph 5.02.A.7. below, including loss of use resulting therefrom;

    6.  Claims for  damages  because of bodily  injury or death of any person or
    property  damage  arising out of the  ownership,  maintenance  or use of any
    motor vehicle; and

    7. Claims for  professional  errors and  omissions  arising  from the Design
    Professional Services provided for the Project.

    B. The policies of insurance required by paragraph 5.02.A shall:

    1. With  respect  to  insurance  required  by  paragraphs  5.02.A.3  through
    5.02.A.6  inclusive,  include  as  additional  insureds  OWNER and any other
    persons or  entities  identified  in writing by OWNER,  all of whom shall be
    listed as  additional  insureds,  and include  coverage  for the  respective
    officers and employees of all such additional insureds;

    2. Include at least the specific  coverages and be written for not less than
    the  limits of  liability  set forth in  Exhibit  H or  required  by Laws or
    Regulations, whichever is greater;


                                      -38-


    3. Include completed operations insurance;

    4.  Include  contractual   liability  insurance  covering   DESIGN/BUILDER's
    indemnity obligations under paragraphs 6.10 and 6.18;

    5. Contain a provision or endorsement that the coverage afforded will not be
    cancelled,  materially changed or renewal refused until at least thirty (30)
    days prior written notice has been given to OWNER and each other  additional
    insured  to whom a  certificate  of  insurance  has  been  issued  (and  the
    certificates of insurance furnished by DESIGN/BUILDER  pursuant to paragraph
    5.08.B will so provide);

    6. Remain in effect at least until final payment and at all times thereafter
    when  DESIGN/BUILDER  may be  correcting,  removing or  replacing  defective
    Construction in accordance with paragraphs 12.06 and 12.07;

    7. With respect to completed operations  insurance,  remain in effect for at
    least one year after final payment (and  DESIGN/BUILDER  shall furnish OWNER
    and each other  additional  insured to whom a  certificate  of insurance has
    been issued evidence  satisfactory to OWNER and any such additional  insured
    of continuation of such insurance at final payment); and

    8.  DESIGN/BUILDER  shall maintain in effect all insurance coverage required
    under  this  paragraph  at  DESIGN/BUILDER'S  sole  expense  with  insurance
    companies  (and  policies)  approved by OWNER.  If  DESIGN/BUILDER  fails to
    obtain or maintain any insurance coverage required under this Agreement, the
    OWNER may purchase such  coverage and charge the expense to  DESIGN/BUILDER,
    or terminate  this Agreement for cause in accordance  with  paragraph  14.02
    below.

5.03    OWNER's Liability Insurance

    A. In addition to the  insurance  required to be provided by  DESIGN/BUILDER
under  paragraph 5.02,  OWNER,  at OWNER's option,  may purchase and maintain at
OWNER's  expense  OWNER's own liability  insurance as will protect OWNER against
claims which may arise from operations under the Contract Documents.

5.04    Property Insurance

     A.  OWNER  shall  purchase  and  maintain   property   insurance  upon  the
Construction at the Site in the amount of the full  replacement  cost thereof at
OWNER's  sole  expense  with  insurance  companies  (and  policies)  approved by
DESIGN/BUILDER. This insurance will:

    1. Include the interests of OWNER, DESIGN/BUILDER,  Subcontractors,  and any
    other persons or entities listed as an insured or additional insured;

     2. Be written on a Builder's Risk "all-risk" or equivalent policy form that
    shall at least  include  insurance  for  physical  loss  and  damage  to the
    Construction, temporary buildings, falsework and all materials and equipment
    in transit, and shall insure against at least the following perils or causes
    of loss: fire, lightning,  extended coverage, theft, vandalism and malicious
    mischief,  earthquake,  collapse,  debris removal,  demolition occasioned by
    enforcement of Laws and Regulations,  water


                                      -39-



     damage,  flood, system testing,  and such other perils or causes of loss as
     may be agreed in writing by DESIGN/BUILDER and OWNER;

    3. Include  expenses  incurred in the repair or  replacement  of any insured
    property  (including  but not limited to fees and charges of  engineers  and
    architects);

    4. Cover materials and equipment  stored at the Site or at another  location
    that was agreed to in writing by OWNER  prior to being  incorporated  in the
    Construction,  provided that such materials and equipment have been included
    in an Application for Payment approved by OWNER; and

    5. Be  maintained  in effect  until final  payment is made unless  otherwise
    agreed to in  writing  by OWNER and  DESIGN/BUILDER  with  thirty  (30) days
    written  notice to each other  additional  insured to whom a certificate  of
    insurance has been issued.

     B. OWNER shall purchase and maintain such boiler and machinery insurance or
additional  property  insurance  as  DESIGN/BUILDER  may  reasonably  require or
required by Laws and  Regulations  which will  include the  interests  of OWNER,
DESIGN/BUILDER,  Subcontractors, and other individuals and entities listed as an
insured or additional insured.

     C. All the policies of insurance  (and the  certificates  or other evidence
thereof)  required to be purchased and  maintained  by OWNER in accordance  with
paragraph  5.04 will  contain  a  provision  or  endorsement  that the  coverage
afforded will not be cancelled or materially changed or renewal refused until at
least thirty (30) days prior written notice has been given to DESIGN/BUILDER and
to each other  additional  insured to whom a  certificate  of insurance has been
issued.

     D. OWNER  shall not be  responsible  for  purchasing  and  maintaining  any
property insurance to protect the interests of  DESIGN/BUILDER,  Subcontractors,
Suppliers,  Engineers  or  others in the Work to the  extent  of the  deductible
amounts.  The risk of loss within such  deductible  amounts will be borne by the
party at fault  for such  loss and if  DESIGN/BUILDER,  Subcontractor  or others
wishes property  insurance coverage within the limits of such deductible amount,
each may purchase and maintain it at it's own expense.

     E. If  DESIGN/BUILDER  requests in writing that other special  insurance be
included in the property insurance policies provided under paragraph 5.04, OWNER
shall, if possible, include such insurance, and the cost thereof will be charged
to DESIGN/BUILDER  by appropriate  Change Order or Written  Amendment.  Prior to
commencement   of  the  Work  at  the  Site,   OWNER  shall  in  writing  advise
DESIGN/BUILDER whether or not such other insurance has been procured by OWNER.

5.05     Waiver of Subrogation Rights

    A. OWNER and DESIGN/BUILDER intend that all policies purchased in accordance
with   paragraph   5.04   will   protect   OWNER,   DESIGN/BUILDER,   Engineers,
Subcontractors, others who may have a financial interest in the Project, and all
other individuals or entities listed as insureds or additional  insureds in such
policies and will provide primary  coverage for all losses and damages caused by
the perils or causes of loss covered  thereby.  All such policies  shall contain
provisions  to the effect that in the event of payment of any loss or damage the
insurers  will  have no  rights  of  recovery  against  any of the  insureds  or
additional insureds  thereunder.  Each party waives all rights against the other
party and its officers, directors, employees, members, and agents for all losses
and damages  caused by,  arising out of


                                      -40-



or resulting  from any of the perils or causes of loss covered by such  policies
and any other property insurance applicable to the Work.

5.06     Receipt and Application of Proceeds

    A. Any insured loss under the  policies of  insurance  required by paragraph
5.04 will be adjusted  with OWNER and made payable to OWNER as fiduciary for the
benefit of insureds, as their interests may appear,  subject to the requirements
of  paragraph  5.06.B.  OWNER shall  deposit in a separate  account any money so
received,  and shall  distribute  it in  accordance  with such  agreement as the
parties in interest  may reach.  If no other  special  agreement  is reached the
damaged  Work shall be repaired or replaced,  the moneys so received  applied on
account  thereof  and the Work and the cost  thereof  covered by an  appropriate
Change Order or Written Amendment.

    B.  OWNER as  fiduciary  shall have power to adjust and settle any loss with
the  insurers  unless one of the  parties in  interest  shall  object in writing
within  fifteen (15) days after the  occurrence  of loss to OWNER's  exercise of
this power. If such objection be made,  OWNER as fiduciary shall make settlement
with the insurers in accordance  with such  agreement as the parties in interest
may reach. If no such agreement among the parties in interest is reached,  OWNER
as fiduciary shall adjust and settle the loss with the insurers and, if required
in writing by any party in interest,  OWNER as fiduciary shall give Bond for the
proper performance of such duties.

5.07     Acceptance of Insurance; Option to Replace

    A. If either party has any  objection  to the coverage  afforded by or other
provisions of the insurance required to be purchased and maintained by the other
party in  accordance  with this  Article  5 on the basis of the other  party not
complying with the Contract  Documents,  the objecting party shall so notify the
other party in writing within thirty (30) days after receipt of the certificates
(or  other  evidence  requested)   required  by  paragraph  2.03.B.   OWNER  and
DESIGN/BUILDER  shall each provide to the other such  additional  information in
respect of insurance  provided as the other may  reasonably  request.  If either
party does not purchase or maintain all of the insurance  required of such party
by the Contract Documents, such party shall notify the other party in writing of
such failure to purchase  prior to the start of the Work,  or of such failure to
maintain prior to any change in the required coverage.  Without prejudice to any
other right or remedy, the other party may elect to obtain equivalent  insurance
to protect  such other  party's  interests  at the  expense of the party who was
supposed to provide such coverage, and a Change Order or Written Amendment shall
be issued to adjust the Contract Price accordingly.

5.08    Licensed Sureties and Insurers; Certificates of Insurance

    A. All  insurance  required by the Contract  Documents  to be purchased  and
maintained by OWNER or DESIGN/BUILDER shall be obtained from insurance companies
that are duly licensed or authorized in the jurisdiction in which the Project is
located to issue  insurance  policies for the limits and  coverages so required.
Such  insurance  companies  shall  also meet such  additional  requirements  and
qualifications as may be agreed in writing by DESIGN/BUILDER and OWNER.


                                      -41-


ARTICLE 6--DESIGN/BUILDER'S RESPONSIBILITIES

6.01     Design Professional Services

    A.  Standard  of  Care:  DESIGN/BUILDER  shall  perform  or  furnish  Design
    Professional Services and related services in all phases of the Project. The
    standard of care for all such  services  performed or  furnished  under this
    Agreement  will be the care and  skill  ordinarily  used by  members  of the
    engineering  profession practicing under similar conditions at the same time
    and locality.

    B.  Preliminary   Design  Phase:   During  the  preliminary   design  phase,
    DESIGN/BUILDER shall:

    1. Consult with OWNER to understand OWNER's requirements for the Project and
    review available data.

    2. Advise  OWNER as to the  necessity of OWNER  providing or obtaining  from
    others  additional  reports,  data or  services  of the  types  provided  in
    paragraph  8.01.A.6.a-g and assist OWNER in obtaining such reports, data, or
    services.

    3. Identify and analyze  requirements  of  governmental  authorities  having
    jurisdiction to approve the portions of the Project designed or specified by
    DESIGN/BUILDER with whom consultation is to be undertaken in connection with
    the Project.

    4. Obtain such  additional  geotechnical  and related  information  which it
    deems necessary for performance of the Work.

    5.  DESIGN/BUILDER  will  furnish  OWNER  standard  110 mgpy  P&ID's  on the
    effective date of this Agreement.

    C. Final Design Phase: During the final design phase, DESIGN/BUILDER shall:

    1. Prepare final Drawings  showing the scope,  extent,  and character of the
    Construction   to  be  performed   and  furnished  by   DESIGN/BUILDER   and
    Specifications.

    2. Provide technical criteria, written descriptions and design data required
    for  obtaining   approvals  of  such   governmental   authorities   as  have
    jurisdiction  to review or  approve  the final  design of the  Project,  and
    assist OWNER in consultations with appropriate authorities.

     D. Construction Phase. During  Construction,  DESIGN/BUILDER  shall provide
Engineering  and Design  Professional  Services as  necessary  to  complete  the
Project.

    E. Operational Phase: During the operational phase, DESIGN/BUILDER shall:

    1. Provide assistance in connection with the start-up, testing, refining and
    adjusting of any equipment or system included in the Work.

    2. Assist  OWNER in training  staff to operate and  maintain  the Project as
    provided in Exhibit G.


                                      -42-



Other than  assistance  normally  provided in the industry  after final payment,
nothing  in  this  paragraph  6.01.E.  shall  be  interpreted  or  construed  as
obligating  DESIGN/BUILDER  to perform or provide such assistance to OWNER after
final payment and acceptance of the Work under paragraph 13.08 below.

6.02    Supervision and Superintendence of Construction

    A.  DESIGN/BUILDER  shall  supervise,  inspect  and direct the  Construction
competently and efficiently,  devoting such attention  thereto and applying such
skills  and  expertise  as may be  necessary  to  provide  the  Construction  in
accordance  with  the  Contract  Documents.   DESIGN/BUILDER   shall  be  solely
responsible  for  the  means,  methods,  techniques,  sequences  and  procedures
employed for the provision of Construction.  DESIGN/BUILDER shall be responsible
to see that the completed  Construction  complies  accurately  with the Contract
Documents  and shall keep OWNER  advised as to the quality  and  progress of the
Construction.

    B.  DESIGN/BUILDER  shall keep on the Site during  construction  and at such
times as DESIGN/BUILDER determines are reasonably necessary to complete the Work
a competent  superintendent  who shall not be replaced without written notice to
OWNER  except  in  unforeseeable  circumstances.   The  superintendent  will  be
DESIGN/BUILDER's  representative  at the Site and shall have authority to act on
behalf of DESIGN/BUILDER.

6.03     Labor, Materials and Equipment

    A. DESIGN/BUILDER  shall provide competent,  suitably qualified personnel to
survey and lay out the Construction and perform  Construction as required by the
Contract Documents.  DESIGN/BUILDER  shall at all times maintain good discipline
and order at the Site.

    B. Unless  otherwise  specified  in the Contract  Documents,  DESIGN/BUILDER
shall  furnish or cause to be  furnished  and  assume  full  responsibility  for
materials,   equipment,  labor,   transportation,   construction  equipment  and
machinery,  tools, appliances,  fuel, heat, telephone,  sanitary facilities, and
all other facilities and incidentals necessary for the furnishing,  performance,
testing,  start-up and completion of the Work, excluding,  specifically,  power,
light,  water,  temporary  facilities and all other items  designated as OWNER's
responsibility.  DESIGN/BUILDER  will  direct  the  checkout  of  utilities  and
operations of systems and equipment.

    C. All materials and equipment  incorporated  into the Work shall be of good
quality and new. All warranties and  guarantees  specifically  called for by the
Contract  Documents  shall  expressly run to the benefit of OWNER. If reasonably
required by OWNER, DESIGN/BUILDER shall furnish satisfactory evidence (including
reports  of  required  tests)  as to the  kind  and  quality  of  materials  and
equipment. All materials and equipment shall be applied,  installed,  connected,
erected,  used,  cleaned and conditioned in accordance with  instructions of the
applicable Supplier.

6.04    Progress Schedule

     A.  DESIGN/BUILDER  shall  adhere to the  progress  schedule  discussed  in
paragraph 2.03.A as it may be adjusted from time to time.

    1. DESIGN/BUILDER  shall submit to OWNER for acceptance proposed adjustments
    in the  progress  schedule  that will not change the  Contract  Times.  Such
    adjustments will conform generally to the progress schedule then in effect.


                                      -43-



    2.  Proposed  adjustments  in the  progress  schedule  that will  change the
    Contract  Times shall be submitted in accordance  with the  requirements  of
    Article 11. Such  adjustments  may only be made by a Change Order or Written
    Amendment.

6.05 Concerning Subcontractors, Suppliers and Others

    A. DESIGN/BUILDER shall not employ any Subcontractor,  Engineer, Supplier or
other  individual or entity  against whom OWNER may have  reasonable  objection.
DESIGN/BUILDER  shall not be  required  to employ any  Subcontractor,  Engineer,
Supplier  or other  individual  or entity to furnish or perform  any of the Work
against whom DESIGN/BUILDER has reasonable objection.

    B.  DESIGN/BUILDER  shall be  fully  responsible  to OWNER  for all acts and
omissions of the Subcontractors,  Engineers,  Suppliers and other individuals or
entities  performing  or  furnishing  any of the Work under a direct or indirect
contract with DESIGN/BUILDER. Nothing in the Contract Documents shall create for
the benefit of any such Subcontractor, Engineer, Supplier or other individual or
entity any contractual  relationship  between OWNER and any such  Subcontractor,
Engineer,  Supplier  or other  individual  or  entity,  nor shall it create  any
obligation  on the part of OWNER to pay or to see to the  payment  of any moneys
due any such  Subcontractor,  Engineer,  Supplier or other  individual or entity
except as may otherwise be required by Laws and Regulations.

    C.   DESIGN/BUILDER   shall  be  solely   responsible   for  scheduling  and
coordinating  Subcontractors,  Engineers,  Suppliers and other  individuals  and
entities  performing  or  furnishing  any of the Work under a direct or indirect
contract with  DESIGN/BUILDER.  DESIGN/BUILDER shall require all Subcontractors,
Engineers,  Suppliers  and such other  individuals  and entities  performing  or
furnishing any of the Work to communicate with the OWNER through DESIGN/BUILDER.

    D. All services performed or provided to and material and equipment supplied
to  DESIGN/BUILDER  by a  Subcontractor  or  Supplier  will  be  pursuant  to an
appropriate   Design   Subagreement   or   Construction   Subagreement   between
DESIGN/BUILDER  and the  Subcontractor,  Engineer or Supplier which specifically
binds the  Subcontractor,  Engineer  or  Supplier  to the  applicable  terms and
conditions of the Contract Documents for the benefit of OWNER. Whenever any such
agreement  is with a  Subcontractor,  Engineer or  Supplier  who is listed as an
additional  insured on the property  insurance  provided in paragraph  5.04.A or
5.04.B, the agreement between the DESIGN/BUILDER and the Subcontractor, Engineer
or Supplier  will  contain  provisions  whereby the  Subcontractor,  Engineer or
Supplier  waives  all  rights  against  OWNER,  DESIGN/BUILDER,  and  all  other
additional  insureds  for all losses and damages  caused by any of the perils or
causes  of loss  covered  by such  policies  and any  other  property  insurance
applicable to the Work. If the insurers on any such  policies  require  separate
waiver  forms  to  be  signed  by  any  Subcontractor,   Engineer  or  Supplier,
DESIGN/BUILDER will obtain the same.

6.06     Patent Fees and Royalties

    A.  DESIGN/BUILDER  shall pay all license fees and  royalties and assume all
costs incident to the use in the performance of the Work or the incorporation in
the Work of any invention,  design,  process,  product or device (other than any
increased  license fees,  royalties and costs arising out of or resulting from a
Change  Order)  which is the  subject  of patent  rights or  copyrights  held by
others. To the fullest extent permitted by Laws and Regulations,  DESIGN/BUILDER
shall  indemnify and hold harmless  OWNER,  from and against all claims,  costs,
losses and damages (including but not limited to all


                                      -44-



reasonable  fees and  charges  of  engineers,  architects,  attorneys  and other
professionals  and all court or arbitration or other dispute  resolution  costs)
arising out of or resulting from any infringement of patent rights or copyrights
incident  to the use in the  performance  of the  Work  or  resulting  from  the
incorporation in the Work of any invention,  design, process, product or device.
DESIGN/BUILDER  shall, at its sole expense, have the right to defend against any
such claim.  OWNER shall promptly notify  DESIGN/BUILDER  upon becoming aware of
any such claim.  DESIGN/BUILDER,  in order to avoid such  claim,  shall have the
right  at its sole  expense  to  substitute  non-infringing  invention,  design,
process,  product  or device or to modify  such  infringing  invention,  design,
process,  product or device so they become  non-infringing,  or to obtain at its
sole expense the necessary  licenses to use the  infringing  invention,  design,
process,   product  or  device  provided  that  such  substituted  and  modified
invention, design, process, product or device shall meet all the requirements of
the Contract Documents.

6.07    Permits

    A.  OWNER  shall  obtain and pay for all  necessary  permits  and  licenses.
DESIGN/BUILDER shall assist OWNER, when necessary, in obtaining such permits and
licenses. OWNER shall pay all governmental charges and inspection fees necessary
for the prosecution of the Construction.  OWNER shall pay all charges of utility
owners for connections  that are necessary for the Work, and OWNER shall pay all
charges of such utility owners for capital costs related thereto.

6.08    Laws and Regulations

    A.  DESIGN/BUILDER  shall  give all  notices  and  comply  with all Laws and
Regulations  of the place of the Project which are  applicable to furnishing and
performance  of  the  Work.  OWNER  shall  not  be  responsible  for  monitoring
DESIGN/BUILDER's compliance with any Laws or Regulations.

    B. If DESIGN/BUILDER performs any Work knowing or having reason to know that
it is  contrary  to Laws or  Regulations,  DESIGN/BUILDER  shall  bear all costs
arising therefrom.

    C. If  changes  in Laws and  Regulations  after  the  Effective  Date of the
Agreement  cause  an  increase  in  the  DESIGN/BUILDER's  cost  of or  time  in
performing any part of the Work, DESIGN/BUILDER may make a claim under Article 9
for a modification to the Contract Times and/or Contract Price.

6.09     Taxes

    A.  OWNER  shall pay to  DESIGN/BUILDER  all  sales,  consumer,  use,  gross
receipts and other similar taxes which are applicable  during the performance of
the Work and are either paid by  DESIGN/BUILDER or are required to be reimbursed
by DESIGN/BUILDER to its Subcontractors, Suppliers, or Engineers.


                                      -45-


6.10     Use of Site and Other Areas

    A.  DESIGN/BUILDER  shall  confine  construction  equipment,  the storage of
materials  and equipment and the  operations  of  construction  workers to those
lands and areas  permitted  by the OWNER and other land and areas  permitted  by
Laws and  Regulations,  rights-of-way,  permits  and  easements,  and  shall not
unreasonably  encumber  the  premises  with  construction   equipment  or  other
materials or equipment.  DESIGN/BUILDER  shall be responsible  for any damage to
any such land or area,  or to the owner or occupant  thereof or of any  adjacent
land or areas,  resulting from the performance of the  Construction.  Should any
claim be made by any such owner or occupant  because of the  performance  of the
Construction,  DESIGN/BUILDER  shall  promptly  settle  with such other party by
negotiation  or  otherwise  resolve the claim by  arbitration  or other  dispute
resolution  proceeding or at law.  DESIGN/BUILDER  shall,  to the fullest extent
permitted by Laws and Regulations,  indemnify and hold harmless OWNER and anyone
directly or  indirectly  employed  by OWNER from and against all claims,  costs,
losses and  damages  (including,  but not  limited  to, all  reasonable  fees of
engineers,   architects,   attorneys  and  other  professionals  and  court  and
arbitration or other dispute  resolution costs) arising out of or resulting from
any claim or action,  legal or equitable,  brought by any such owner or occupant
against OWNER, or any other party indemnified  hereunder to the extent caused by
or based upon DESIGN/BUILDER's performance of the Construction.

    B. During the performance of the Construction, DESIGN/BUILDER shall keep the
premises free from  accumulations of waste  materials,  rubbish and other debris
resulting  from  the  Construction.  At  the  completion  of  the  Construction,
DESIGN/BUILDER  shall  remove all waste  materials,  rubbish and debris from and
about the  premises as well as all tools,  appliances,  construction  equipment,
temporary construction and machinery and surplus materials. DESIGN/BUILDER shall
leave the Site clean and ready for occupancy by OWNER at Substantial Completion.
DESIGN/BUILDER  shall restore to original  condition all property not designated
for alteration by the Contract Documents.

    C. DESIGN/BUILDER  shall not load nor permit any part of any structure to be
loaded in any manner that will endanger the structure, nor shall DESIGN/ BUILDER
subject any part of the Work or adjacent  property to stresses or pressures that
will endanger it.

6.11    Record Documents

    A. DESIGN/BUILDER shall maintain in a safe place at the Site one record copy
of all Drawings, Specifications,  Written Amendments, and Change Orders, in good
order and annotated to show all changes made during  Construction.  These record
documents will be available to OWNER for reference. Upon completion of the Work,
these record  documents and Submittals,  including a reproducible  set of record
drawings, will be delivered to OWNER.

6.12    Safety and Protection

     A.  DESIGN/BUILDER  shall be responsible  for  initiating,  maintaining and
supervising  all  safety   precautions  and  programs  in  connection  with  the
Construction. DESIGN/BUILDER shall take necessary precautions for the safety of,
and shall provide the necessary protection to prevent damage, injury or loss to:

    1. All persons on the Site or who may be affected by the Construction;


                                      -46-



    2. All Work and materials and equipment to be incorporated therein,  whether
    in storage on or off the Site; and

    3. Other property at the Site or adjacent thereto,  including trees, shrubs,
    lawns, walks,  pavements,  roadways,  structures,  utilities and underground
    facilities  not  designated  for removal,  relocation or  replacement in the
    course of the Construction.

     B. DESIGN/BUILDER  shall comply with applicable Laws and Regulations of any
public body having  jurisdiction for safety of persons or property or to protect
them from damage,  injury or loss;  and shall erect and  maintain all  necessary
safeguards for such safety and protection. DESIGN/BUILDER shall notify owners of
adjacent  property  and  of  underground  facilities  and  utility  owners  when
prosecution  of the Work may affect them,  and shall  cooperate with them in the
protection,  removal,  relocation and replacement of their property. All damage,
injury or loss to any property  caused,  directly or indirectly,  in whole or in
part, by DESIGN/BUILDER, any Subcontractor,  Supplier or any other individual or
entity directly or indirectly  employed by any of them to perform or furnish any
of the  Work or  anyone  for  whose  acts any of them  may be  liable,  shall be
remedied by DESIGN/BUILDER.  DESIGN/BUILDER's  duties and  responsibilities  for
safety and for protection of the construction shall continue until (i) such time
as all the Work is completed and OWNER has issued a notice to  DESIGN/BUILDER in
accordance  with  paragraph  13.09 that the Work is  acceptable  or, (ii) in the
event  DESIGN/BUILDER is excluded from the Site under paragraph  13.05.B.  after
Substantial Completion, the date DESIGN/BUILDER is excluded from the Site.

6.13     Safety Representative

    A.  DESIGN/BUILDER  shall  designate  a  qualified  and  experienced  safety
representative  whose duties and  responsibilities  shall be the  prevention  of
accidents and the maintaining and supervising of safety precautions and programs
in connection with the performance of the Work.

6.14     Hazard Communication Programs

    A.  DESIGN/BUILDER  shall be responsible  for  coordinating  any exchange of
material safety data sheets or other hazard  communication  information required
to be made available to or exchanged between or among Subcontractors at the Site
in accordance with Laws or Regulations.

6.15    Emergencies

    A. In  emergencies  affecting  the  safety or  protection  of persons or the
Construction  or  property  at the  Site or  adjacent  thereto,  DESIGN/BUILDER,
without special  instruction or authorization from OWNER, is obligated to act to
prevent  threatened  damage,  injury or loss.  DESIGN/BUILDER  shall  give OWNER
prompt written notice if DESIGN/BUILDER believes that any significant changes in
the  Construction  or variations  from the Contract  Documents  have been caused
thereby. If a change in the Contract Documents is required because of the action
taken by DESIGN/BUILDER in response to such an emergency, a Change Order will be
issued to document the consequences of such action.

6.16     Continuing the Work

    A.  DESIGN/BUILDER  shall  carry  on the  Work and  adhere  to the  progress
schedule  during all  disputes or  disagreements  with  OWNER.  No Work shall be
delayed or postponed pending resolution of


                                      -47-



any disputes or disagreements,  except as DESIGN/BUILDER and OWNER may otherwise
agree in writing or as otherwise provided in the Contract Documents.

6.17     DESIGN/BUILDER's General Warranty and Guarantee

     A.  DESIGN/BUILDER  warrants and guarantees to OWNER that all  Construction
will be in  accordance  with the Contract  Documents  and will not be defective.
DESIGN/BUILDER's  warranty and guarantee  hereunder  excludes  defects or damage
caused by:

    1. Abuse, modification or improper maintenance or operation by persons other
    than DESIGN/BUILDER, Subcontractors or Suppliers; or

    2. Normal wear and tear under normal usage.

The warranty set forth in Exhibit I and not this  paragraph  6.17 shall apply to
the items set forth in such Exhibit.

    B.  DESIGN/BUILDER's   obligation  to  perform  and  complete  the  Work  in
accordance with the Contract Documents shall be absolute.  Except as provided in
paragraph  12.08,  no action by OWNER will constitute an acceptance of Work that
is  not  in   accordance   with  the   Contract   Documents   or  a  release  of
DESIGN/BUILDER's  obligation to perform the Work in accordance with the Contract
Documents, including but not limited to the following:

    1. Observations by OWNER;

    2. The making of any progress or final payment;

    3. The issuance of a certificate of Substantial Completion;

    4. Use or occupancy of the Work or any part thereof by OWNER;

    5. Any acceptance by OWNER or any failure to do so;

    6. Any inspection, test or approval by others; or

    7. Any correction of defective Construction by OWNER.

    C.  DESIGN/BUILDER   shall,  at  final  completion,   assign  to  OWNER  all
manufacturer's  warranties  for materials and  equipment  incorporated  into the
Project;  provided,   however,  in  the  event  of  a  claim  by  OWNER  against
DESIGN/BUILDER,   OWNER   shall  use  its  best   efforts  to   cooperate   with
DESIGN/BUILDER in the enforcement of any applicable warranty.

6.18    Indemnification

     OWNER  and  DESIGN/BUILDER  are and  will be  throughout  the  term of this
Agreement be  independent  contractors as to each other.  Each party  recognizes
that it shall be  solely  responsible  for its own  conduct,  including  without
limitation its own fault,  as to any aspect of the  Agreement.  In the event any
claim  is made or any  action  is  filed by a third  party  arising  out of this
Agreement or the services to be performed under it, the parties  anticipate that
each will  diligently  defend said claim or action on its own


                                      -48-



behalf,  and will pay,  settle,  or otherwise  promptly dispose of any demand or
judgment  against it consistent  with the  provisions of the Kansas  comparative
negligence statute, K.S.A. ss.60-258a,  in effect on the date of this Agreement.
In the event  either  party is made to respond  in damages  for the fault of the
other  party,  then the other party agrees to  indemnify  and hold  harmless the
first party (including its officers, directors,  employees, and agents) from any
payment  that it has to  make,  including  without  limitation  the  payment  of
reasonable  attorneys'  fees  incurred  in  resisting,  settling,  or  otherwise
disposing of the demand, on account of the other party's fault. In regard to the
indemnity  obligation  in this  paragraph  6.18 or any  other  provision  of the
General Conditions,  neither party shall make a payment for which indemnity will
be sought from the other party without first  providing such other party written
notice of the claim and an opportunity to assume the defense.


ARTICLE 7--OTHER CONSTRUCTION

7.01     Related Construction at Site

    A.  OWNER may  perform  other  work  related  to the  Project at the Site by
OWNER's own forces,  or let other direct  contracts  therefor or have other work
performed  by  utility   owners.   Written  notice  thereof  will  be  given  to
DESIGN/BUILDER prior to starting any such other work. OWNER shall be responsible
for such other work including,  without limitation,  maintaining and supervising
safety precautions and programs in connection with such other work.

    B. DESIGN/BUILDER  shall afford each other contractor who is a party to such
a direct  contract and each utility owner (and OWNER, if OWNER is performing the
additional work with OWNER's employees) proper and safe access to the Site and a
reasonable  opportunity  for the  introduction  and  storage  of  materials  and
equipment  and the execution of such other work and shall  properly  connect and
coordinate the Construction  with theirs.  DESIGN/BUILDER  shall do all cutting,
fitting and patching of the Work that may be required to make its several  parts
come together properly and integrate with such other work.  DESIGN/BUILDER shall
not endanger  any work of others by cutting,  excavating  or otherwise  altering
their  work and will only cut or alter  their work with the  written  consent of
OWNER and the others whose work will be affected.

    C. If the proper execution or results of any part of  DESIGN/BUILDER's  Work
depends upon work performed or services provided by others under this Article 7,
DESIGN/BUILDER  shall  inspect such other work and  appropriate  instruments  of
service  and  promptly  report  to OWNER  in  writing  any  delays,  defects  or
deficiencies  in such other  work or  services  that  render it  unavailable  or
unsuitable  for the  proper  execution  and  results of  DESIGN/BUILDER's  Work.
DESIGN/BUILDER's  failure so to report will  constitute  an  acceptance  of such
other work as fit and proper for integration with  DESIGN/BUILDER's  Work except
for latent or nonapparent defects and deficiencies in such other work.

ARTICLE 8--OWNER'S RESPONSIBILITIES

8.01    General

     A. OWNER shall do the  following in a timely  manner so as not to delay the
services of DESIGN/BUILDER.

    1.  Designate  in  writing a person to act as  OWNER's  representative  with
    respect to the services to be rendered under the Agreement.

                                      -49-




    2. Provide such legal  services as OWNER may require with regard to land use
    and governmental  permitting  issues pertaining to the Project including any
    such  land use or  governmental  permitting  issues  that may be  raised  by
    DESIGN/BUILDER.

    3. If requested in writing by DESIGN/BUILDER,  furnish  reasonable  evidence
    satisfactory  to  DESIGN/BUILDER,  that  sufficient  funds are available and
    committed  for  the  entire  cost of the  Project.  Unless  such  reasonable
    evidence  is  furnished,  DESIGN/BUILDER  is not  required  to  commence  or
    continue  any Work,  or may,  if such  evidence  is not  presented  within a
    reasonable time, stop Work upon fifteen (15) days' notice to the OWNER.

    4. Make payments to DESIGN/BUILDER promptly when they are due as provided in
    Article 13.

    5. Furnish lands and easements as set forth in paragraph 4.01.

    6.   Furnish   to   DESIGN/BUILDER,   as   required   for   performance   of
    DESIGN/BUILDER's services the following, all of which DESIGN/BUILDER may use
    and rely upon in performing services under this Agreement:

             a. Environmental assessment and impact statements;

             b. Property,  boundary,  easement,  right-of-way,  topographic  and
        utility surveys;

             c. Property descriptions;

             d. Zoning, deed and other land use restrictions;

             e. Engineering surveys to establish reference points for design and
        construction which in DESIGN/BUILDER's  judgment are necessary to enable
        DESIGN/BUILDER to proceed with the Work;

             f.  Assistance  in filing  documents  required to obtain  necessary
        approvals  of  governmental  authorities  having  jurisdiction  over the
        Project; and

             g. Subsurface data.

     7. Provide  information  known to or in the possession of OWNER relating to
     the presence of materials  and  substances at the site which could create a
     Hazardous Condition.

     8. Perform all other items  designated as OWNER's  responsibilities  in the
     Contract Documents.

8.02    Scope of OWNER's Safety and Hazardous Waste Responsibilities

    A. OWNER shall not supervise,  direct or have control or authority over, nor
be responsible for,  DESIGN/BUILDER's means, methods,  techniques,  sequences or
procedures  of  Construction  or the safety  precautions  and programs  incident
thereto,  or  for  any  failure  of  DESIGN/BUILDER  to  comply  with  Laws  and
Regulations  applicable to the furnishing or performance of the Work. OWNER will
not be responsible for  DESIGN/BUILDER's  failure to perform or furnish the Work
in accordance with the Contract Documents.


                                      -50-


ARTICLE 9--CHANGES IN THE WORK; CLAIMS

9.01     General--Rights and Obligations

    A. Without  invalidating the Agreement,  OWNER may, at any time or from time
to time,  request  additions,  deletions  or  revisions  in the Work  within the
general  scope of the  contract by a Written  Amendment  or a Change  Order.  If
DESIGN/BUILDER agrees to such Written Amendment or Change Order, which agreement
shall not be unreasonably  withheld,  DESIGN/BUILDER shall promptly proceed with
the Work involved which will be performed under the applicable provisions of the
Contract Documents (except as otherwise specifically provided).

9.02     Notice of Intent to Make Claim

    A. If OWNER and DESIGN/BUILDER are unable to agree as to the extent, if any,
of an  adjustment in the Contract  Price or an adjustment of the Contract  Times
that should be allowed as a result of any order of OWNER  pursuant to  paragraph
9.01.A or other  occurrence for which the Contract  Documents  provide that such
adjustment(s)  may be made,  a claim  may be made  therefor.  Written  notice of
intent to make such a claim shall be submitted  to the other party  promptly and
in no event  more than  thirty  (30) days after the start of the  occurrence  or
event giving rise to the claim.

9.03     Claim Documentation

    A.  Substantiating  documentation  shall be submitted by the claiming  party
within  thirty  (30) days after  delivery of the notice  required  by  paragraph
9.02.A.

9.04     Decision

    A. The other party shall  render a decision on the claim no more than thirty
(30) days after the  receipt of the  substantiating  documentation  required  by
paragraph  9.03.A.  This decision will be final and binding  unless the claiming
party gives notice of  intention to exercise its rights under  Article 15 within
thirty (30) days of receipt of the decision  and  exercises  such rights  within
thirty (30) days of giving the notice of intent.

9.05     Time Limit Extension

    A. The time limits of paragraphs 9.03.A and 9.04.A may be extended by mutual
agreement.

9.06     Exceptions

    A. DESIGN/BUILDER shall not be entitled to an increase in the Contract Price
with  respect to any Work  performed  that is not  contemplated  by the Contract
Documents as amended, modified and supplemented as provided in paragraph 3.03.

9.07    Execution of Change Orders

      A. OWNER and  DESIGN/BUILDER  shall execute  appropriate  Change Orders or
Written Amendments covering:


                                      -51-



    1. changes in the Work which are (i) ordered by OWNER  pursuant to paragraph
    9.01, (ii) required  because of acceptance of defective  Construction  under
    paragraph 12.08 or correcting  defective Work under paragraph 12.09 or (iii)
    agreed to by the parties; and

    2.  changes in the Contract  Price or Contract  Times which are agreed to by
the parties.

ARTICLE 10--CHANGE OF CONTRACT PRICE

10.01   General

    A. The  Contract  Price  constitutes  the  total  compensation  (subject  to
    authorized adjustments) payable to DESIGN/BUILDER for performing the Work.

    B. The Contract  Price may only be changed by a Change Order or by a Written
    Amendment.  Any claim for an adjustment in the Contract Price shall be based
    on written notice delivered by the party making the claim to the other party
    promptly in accordance with paragraph 9.02.A.

    C. The value of any Work  covered  by a Change  Order or of any claim for an
    increase or decrease in the Contract Price will be determined as follows:

    1. By a  mutually  agreed  lump sum  (which may  include  an  allowance  for
    overhead and profit not necessarily in accordance with paragraph 10.02); or

    2. Where agreement to a lump sum is not reached under  paragraph  10.01.C.1,
    on the basis of the Cost of the Work  (determined  as provided in  paragraph
    10.02) plus a  DESIGN/BUILDER's  Fee for overhead and profit  (determined as
    provided in paragraph 10.02.C).

10.02    Cost of the Work

     A.  Costs  Included:  The term Cost of the Work  means the sum of all costs
necessarily  incurred and paid by  DESIGN/BUILDER  in the proper  performance of
work authorized only by a Change Order or Written  Amendment  (together  "Change
Order  Work").  Except as otherwise  may be agreed to in writing by OWNER,  such
costs shall be in amounts no higher than those prevailing in the locality of the
Project, shall include only the following items and shall not include any of the
costs itemized in paragraph 10.02.B:

    1. Payroll costs for employees in the direct employ of DESIGN/BUILDER in the
    performance of the Change Order Work under the then current  schedule of job
    classifications and hourly rates of DESIGN/BUILDER.

    2. Cost of all  materials and equipment  furnished and  incorporated  in the
    Change Order Work,  including costs of  transportation  and storage thereof,
    and Suppliers' field services required in connection therewith.

    3. Payments made by DESIGN/BUILDER  to Subcontractors  for Change Order Work
    performed or furnished by Subcontractors.


                                      -52-



    4.  Payments  made  by   DESIGN/BUILDER   to  Engineers  (not  employees  of
    DESIGN/BUILDER or its affiliates) for Design Professional  Services provided
    or furnished by Engineers under a Design Subagreement for Change Order Work.

    5.  Costs of  special  consultants  (including  but not  limited  to testing
    laboratories and surveyors, but excluding employees of DESIGN/BUILDER or its
    affiliates) employed for services specifically related to Change Order Work.

    6. Supplemental costs including the following items:

          a. The proportion of necessary transportation,  travel and subsistence
          expenses of DESIGN/BUILDER's employees incurred in discharge of duties
          connected with Change Order Work.

          b. Cost, including  transportation and maintenance,  of all materials,
          supplies,  equipment,  machinery,  appliances,  office  and  temporary
          facilities at the Site and hand tools not owned by the workers,  which
          are consumed in the  performance  of Change Order Work,  and cost less
          market  value of such items  used but not  consumed  which  remain the
          property of DESIGN/BUILDER.

          c. Rentals of all Work  equipment  and machinery and the parts thereof
          whether rented from DESIGN/BUILDER or others in accordance with rental
          agreements  approved  by  OWNER,  and  the  costs  of  transportation,
          loading, unloading, installation, dismantling and removal thereof--all
          in accordance with the terms of said rental agreements.  The rental of
          any such  equipment,  machinery  or  parts  shall  cease  when the use
          thereof is no longer necessary for Change Order Work.

          d. Sales, consumer, use or similar taxes related to Change Order Work,
          paid by  DESIGN/BUILDER or required to be reimbursed by DESIGN/BUILDER
          to its Subcontractors, Suppliers, or Engineers.

    B. Costs  Excluded:  The term Cost of the Work shall not  include any of the
following:

    1.  Payroll  costs  and other  compensation  of  DESIGN/BUILDER's  officers,
    executives,  principals (of partnerships and sole proprietorships),  general
    managers,   engineers,   architects,    estimators,   attorneys,   auditors,
    accountants,  purchasing and contracting  agents,  expediters,  timekeepers,
    clerks and other personnel employed by DESIGN/BUILDER whether at the Site or
    in DESIGN/BUILDER's  principal or a branch office for general administration
    of the Work and not  specifically  included in the then current  schedule of
    job  classifications  referred to in paragraph 10.02.A.1 -- all of which are
    to be considered administrative costs covered by the DESIGN/BUILDER's fee.

    2.  Expenses of  DESIGN/BUILDER's  principal  and branch  offices other than
    DESIGN/BUILDER's office at the Site.

    3. Any part of  DESIGN/BUILDER's  capital  expenses,  including  interest on
    DESIGN/BUILDER's   capital   employed  for  the  Work  and  charges  against
    DESIGN/BUILDER for delinquent payments.

    4. Costs due to the  negligence of  DESIGN/BUILDER,  any  Subcontractor,  or
    anyone directly or indirectly  employed by any of them or for whose acts any
    of them may be liable,  including  but not  limited  to, the  correction  of
    defective  Work,  disposal of materials or  equipment  wrongly  supplied and
    making good any damage to property.


                                      -53-


    5. Other overhead or general  expense costs of any kind and the costs of any
    item not specifically and expressly included in paragraph 10.02.A.

    C. Fee:

         1. A  mutually  agreed fee or, in the event the  parties  can not agree
         upon a fee,  DESIGN/BUILDER's  fee for  overhead  and  profit on Change
         Orders priced by paragraph  10.01.C.2  (whether  additive or deductive)
         shall be *%) of the Cost of the  Change  Order  Work for  subcontracts,
         materials and equipment.

*OMITTED  PURSUANT TO A REQUEST FOR CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.


         2. When both additions and credits are involved in any one change,  the
         adjustment  in  DESIGN/BUILDER's  fee shall be computed on the basis of
         the net change in accordance with paragraph 10.02.C.1 above.

    D. Documentation: Whenever the cost of any Work is to be determined pursuant
to paragraphs  10.02.A and 10.02.B,  DESIGN/BUILDER  will establish and maintain
records thereof in accordance with generally accepted  accounting  practices and
submit in a form  acceptable to OWNER an itemized cost  breakdown  together with
supporting data.

ARTICLE 11--CHANGE OF CONTRACT TIMES

11.01    General

     A. The  Contract  Times may only be changed by a Change  Order or a Written
Amendment.  Any claim for an adjustment of the Contract  Times shall be based on
written notice pursuant to paragraph 9.02.

     B. All Contract Times are of the essence of the Agreement.

11.02    Time Extensions

     A. Where  DESIGN/BUILDER  is prevented from completing any part of the Work
within the Contract Times due to delay beyond the control of DESIGN/BUILDER, the
Contract  Times will be extended in an amount equal to the time lost due to such
delay if a claim is made  therefor as  provided in Article 9. Delays  beyond the
control of DESIGN/BUILDER  shall include, but not be limited to, acts or neglect
by OWNER,  governmental  agencies,  acts or neglect  of utility  owners or other
contractors  performing  other  construction  work as contemplated by Article 7,
fires,  floods,  epidemics,  abnormal weather conditions,  acts of God, strikes,
lockouts or other  circumstances  beyond the control of DESIGN/BUILDER that give
rise to a shortage of labor, materials, equipment,  transportation or utilities.
Delays  attributable  to and within the control of a  Subcontractor  or Supplier
shall be deemed to be delays within the control of DESIGN/BUILDER.


                                      -54-



     B. Nothing in this paragraph 11.02 bars a change in Contract Price pursuant
to Article 10 to compensate for the direct costs incurred by DESIGN/BUILDER  due
to delay,  interference,  or  disruption  directly  attributable  to  actions or
inactions of OWNER.  However,  OWNER shall not be liable to  DESIGN/BUILDER  for
costs or damages arising out of or resulting from (i) delays caused by or within
the control of DESIGN/BUILDER, or (ii) delays beyond the control of both parties
including  but  not  limited  to  fires,  floods,  epidemics,  abnormal  weather
conditions,  acts of God or acts or neglect by  governmental  agencies,  utility
owners, or other contractors performing other work as contemplated by Article 7.

ARTICLE  12--TESTS  AND  INSPECTIONS;   CORRECTION,  REMOVAL  OR  ACCEPTANCE  OF
DEFECTIVE CONSTRUCTION

12.01    Notice of Defects

     A. Each party shall give the other prompt  written  notice of all defective
Construction   of  which  such  party  has  actual   knowledge.   All  defective
Construction may be rejected,  corrected or accepted as provided in this Article
12.

12.02    Access to Construction

    A. Upon reasonable notice to DESIGN/BUILDER,  OWNER,  other  representatives
and  personnel  of OWNER,  independent  testing  laboratories  and  governmental
agencies with  jurisdictional  interests will have access to the Construction at
the Site at  reasonable  times for their  observation,  inspecting  and testing.
DESIGN/BUILDER shall provide them proper and safe conditions for such access and
advise them of DESIGN/BUILDER's Site safety procedures and programs so that they
may comply therewith as applicable.

12.03   Tests and Inspections

    A. If the  Contract  Documents  or Laws or  Regulations  of any public  body
having  jurisdiction  require any part of the  Construction  specifically  to be
inspected,  tested or approved,  DESIGN/BUILDER shall assume full responsibility
for arranging and obtaining such inspections,  tests or approvals, pay all costs
in  connection  therewith,  and  furnish  OWNER  the  required  certificates  of
inspection or approval.  DESIGN/BUILDER  shall also be responsible for arranging
and obtaining and shall pay all costs in connection with any inspections,  tests
or  approvals  required for OWNER's  acceptance  of materials or equipment to be
incorporated  in the  Construction  or of materials,  mix designs,  or equipment
submitted  for  approval  prior  to   DESIGN/BUILDER's   purchase   thereof  for
incorporation  in  the   Construction.   Nothing  in  this  paragraph  shall  be
interpreted or construed as obligating  DESIGN/BUILDER to obtain, furnish or pay
the costs of any permit, inspection, test or approval required by the applicable
State or the United States Environmental  Protection Agency for the construction
or operation of the Project  (including,  without  limitation,  any  atmospheric
emissions  compliance  reports),  all of which  shall be the  responsibility  of
OWNER.

    B. DESIGN/BUILDER shall give OWNER reasonable notice of the planned schedule
for all  required  inspections,  tests or  approvals  if requested in writing by
OWNER.

    C. If any Construction (or the construction work of others) that is required
to be inspected, tested or approved is covered by DESIGN/BUILDER without written
concurrence  of  OWNER,  it must,  if  requested  by  OWNER,  be  uncovered  for
observation at  DESIGN/BUILDER's  expense unless


                                      -55-



DESIGN/BUILDER  has given OWNER timely notice of  DESIGN/BUILDER's  intention to
cover the same and OWNER has not acted with reasonable promptness in response to
such notice.

12.04   Uncovering Construction

    A. If any  Construction is covered contrary to the written request of OWNER,
it must,  if  requested  by OWNER,  be  uncovered  for OWNER's  observation  and
recovered at DESIGN/BUILDER's expense.

    B. If OWNER considers it necessary or advisable that covered Construction be
observed by OWNER or inspected or tested by others,  DESIGN/BUILDER,  at OWNER's
request,  shall uncover,  expose or otherwise  make  available for  observation,
inspection or testing as OWNER may require,  that portion of the Construction in
question, furnishing all necessary labor, material and equipment. If it is found
that such Construction is defective,  DESIGN/BUILDER  shall pay all costs caused
by or resulting  from such  uncovering,  exposure,  observation,  inspection and
testing  (including  but not  limited  to all  reasonable  fees and  charges  of
engineers and other professionals) and OWNER shall be entitled to an appropriate
decrease in the  Contract  Price,  and, if the parties are unable to agree as to
the amount  thereof,  may make a claim  therefor  as  provided  in Article 9. If
however, such Construction is not found to be defective, DESIGN/BUILDER shall be
allowed  an  increase  in the  Contract  Price  directly  attributable  to  such
uncovering, exposure, observation,  inspection, testing, replacement and rework;
and,  if the  parties  are unable to agree as to the  amount or extent  thereof,
DESIGN/BUILDER may make a claim therefor as provided in Article 9.

12.05 OWNER May Stop the Construction

    A. If the  Construction  is  defective,  or  DESIGN/BUILDER  fails to supply
sufficient  skilled  workers or suitable  materials  or  equipment,  or fails to
furnish  or  perform  the   Construction  in  such  a  way  that  the  completed
Construction   will  conform  to  the  Contract   Documents,   OWNER  may  order
DESIGN/BUILDER to stop Construction or any portion thereof,  until the cause for
such  order  has  been  eliminated;   however,  this  right  of  OWNER  to  stop
Construction  will  not give  rise to any duty on the part of OWNER to  exercise
this right for the benefit of DESIGN/BUILDER or any other party.

12.06 Correction or Removal of Defective Construction

    A. Prior to acceptance and final payment under paragraph  13.09,  OWNER will
have  authority to disapprove  or reject  defective  Construction  and will have
authority to require special  inspection or testing of the Construction  whether
or not the  Construction is fabricated,  installed or completed.  DESIGN/BUILDER
shall  promptly,  either  correct  all  defective  Construction,  whether or not
fabricated, installed or completed, or, if the Construction has been rejected by
OWNER,  remove it from the Site and replace it with non-defective  Construction.
DESIGN/BUILDER shall bear all costs of such correction or removal (including but
not limited to reasonable fees and charges of engineers,  architects,  attorneys
and other  professionals,  all court or arbitration or other dispute  resolution
costs,  and all costs of repair or replacement of work of others) made necessary
thereby.  Nothing  in this  paragraph  shall  be  interpreted  or  construed  as
requiring DESIGN/BUILDER to correct or remove and replace defective Construction
accepted by OWNER pursuant to paragraph 12.08 below.

12.07   Correction Period

    A. If within one (1) year after the date of  Substantial  Completion or such
longer  period of time as may be  prescribed  by Laws or  Regulations  or by the
terms of any applicable  special guarantee required by


                                      -56-



the Contract Documents or by any specific  provision of the Contract  Documents,
any  Construction  is  found to be  defective,  DESIGN/BUILDER  shall  promptly,
without cost to OWNER and in accordance with OWNER's written  instructions,  (i)
correct  such  i  Construction,  or, if it has been  rejected  by OWNER,
remove it from the Site and replace it with  Construction that is not defective,
and (ii)  satisfactorily  correct  or remove  and  replace  any  damage to other
Construction or the work of others resulting  therefrom.  If DESIGN/BUILDER does
not  promptly  comply with the terms of such  instructions,  or in an  emergency
where  delay  would  cause  serious  risk of loss or damage,  OWNER may have the
defective  Construction  corrected  or the  rejected  Construction  removed  and
replaced, and all costs and damages caused by or resulting from such removal and
replacement  (including  but not limited to all  reasonable  fees and charges of
engineers,   architects,   attorneys  and  other  professionals,  all  court  or
arbitration  or other  dispute  resolution  costs,  and all  costs of  repair or
replacement  of work of others)  will be paid by  DESIGN/BUILDER  subject to the
provisions  of  paragraph  16.06  below.  Nothing  in this  paragraph  shall  be
interpreted  or construed as requiring  DESIGN/BUILDER  to correct or remove and
replace  defective  Construction  accepted by OWNER pursuant to paragraph  12.08
below. Defective equipment or parts thereof shall be covered by the warranty set
forth in Exhibit I  attached  hereto and not the  provisions  of this  paragraph
12.07.

    B. Where defective  Construction (and damage to other Construction resulting
therefrom) has been corrected,  removed or replaced under this paragraph  12.07,
the  correction  period  hereunder  with  respect to such  Construction  will be
extended  for an  additional  period of one (1) year  after such  correction  or
removal and replacement has been satisfactorily completed.

12.08   Acceptance of Defective Construction

    A. If,  instead of  requiring  correction  or  removal  and  replacement  of
defective Construction, OWNER prefers to accept it, OWNER may do so. If any such
acceptance  occurs  prior  to  final  payment,  a Change  Order  will be  issued
incorporating the necessary  revisions in the Contract Documents with respect to
the Construction;  and OWNER shall be entitled to an appropriate decrease in the
Contract  Price,  and,  if the  parties  are  unable  to agree as to the  amount
thereof,  OWNER may make a claim  therefor as provided in Article 15, subject to
the provisions of paragraph  16.06 below.  If the acceptance  occurs after final
payment,  an appropriate amount will be paid by DESIGN/BUILDER to OWNER, and, if
the parties are unable to agree as to the amount thereof, OWNER may make a claim
therefor as provided in Article 15, subject to the provisions of paragraph 16.06
below.  Notwithstanding the foregoing, any defective Construction known by OWNER
and not disclosed to  DESIGN/BUILDER at the time of acceptance and final payment
under paragraph 13.09 shall be deemed to be accepted by OWNER and DESIGN/BUILDER
shall have no obligation to correct,  or remove and replace such defect, or make
any payment to OWNER with respect thereto.

12.09    Identification of Punch List Items

    A. OWNER shall identify in writing to DESIGN/BUILDER,  on or before the date
that is forty-five  (45) days after  Substantial  Completion,  any and all Punch
List Items to be completed or corrected by DESIGN/BUILDER.  DESIGN/BUILDER shall
not be required to complete or correct any Punch List Items  identified by OWNER
after such forty-five (45) day period.


                                      -57-


ARTICLE 13--PAYMENTS TO DESIGN/BUILDER AND COMPLETION

13.01   Schedule of Values

    A. The Schedule of Values  established  as provided in  paragraph  2.03 will
serve as the basis for progress payments and the form of Application for Payment
will be substantially similar to Exhibit J.

13.02   Application for Progress Payment

     A. By the tenth day of each  month  during  the Work  DESIGN/BUILDER  shall
submit to OWNER for review and approval an  Application  for Payment  filled out
and signed by  DESIGN/BUILDER  covering the Work completed as of the date of the
Application and accompanied by such supporting  documentation  as is required by
the Contract  Documents.  If payment is requested on the basis of materials  and
equipment not  incorporated in the Work but delivered and suitably stored at the
Site or at another  location  agreed to in writing,  the Application for Payment
shall also be  accompanied  by a bill of sale,  invoice  or other  documentation
warranting that OWNER has received the materials and equipment free and clear of
all  Liens  and  evidence  that the  materials  and  equipment  are  covered  by
appropriate  property  insurance  and  other  arrangements  to  protect  OWNER's
interest therein. The amount of retainage with respect to progress payments will
be as stipulated in the Agreement.

    B. With each  Application  for Payment,  DESIGNBUILDER  shall submit interim
lien waivers for all  subcontractors  and first tier  suppliers  with a contract
value in excess of  $5,000.00.  The  interim  lien  waivers  shall be  effective
through the immediately preceding payment.  OWNER may withhold from any progress
payment the amount applicable to any lien waivers not received for any preceding
Application for Payment for which payment was made by OWNER.

13.03    DESIGN/BUILDER's Warranty of Title

    A.  DESIGN/BUILDER  warrants and guarantees  that title to all  construction
materials  and  equipment  covered  by  any  Application  for  Payment,  whether
incorporated in the Project or not, will pass to OWNER no later than the time of
payment free and clear of all Liens.  This  paragraph  13.03.A does not apply to
any documents covered by paragraph 3.04.

13.04 Progress Payments

    A. Progress payments shall be made by the OWNER to DESIGN/BUILDER  according
    to the following procedure:

    1. OWNER  will,  within ten (10) days of  receipt  of each  Application  for
    Payment,  either  indicate in writing its acceptance of the  Application and
    state that the  Application  is being  processed for payment,  or return the
    Application to DESIGN/BUILDER indicating in writing its reasons for refusing
    to accept the Application and the exact amount(s) in dispute. All undisputed
    amounts will become due and be paid by OWNER to DESIGN/BUILDER not more than
    ten (10) days after OWNER's acceptance or rejection of such Application,  as
    the case may be.


                                      -58-



     2. If OWNER  should fail to pay  DESIGN/BUILDER  at the time the payment of
    any amount  becomes due, then  DESIGN/BUILDER  may, at any time  thereafter,
    upon serving  written notice that  DESIGN/BUILDER  will stop the Work within
    seven (7) days after  receipt  of the notice by OWNER,  and after such seven
    (7) day  period,  stop the Work until  payment of the amount  owing has been
    received, including interest thereon.

     3. Payments due but unpaid shall bear interest at the rate specified in the
    Agreement.  If OWNER pays to DESIGN/BUILDER  any disputed amount pursuant to
    paragraph  13.04.A.2 and it is  determined  pursuant to Article 15 that such
    amount was not due and payable, then DESIGN/BUILDER shall refund such amount
    to OWNER with interest thereon at the rate specified in the Agreement.

     4. No Progress  Payment nor any partial or entire use or  occupancy  of the
    Project  by the OWNER  shall  constitute  an  acceptance  of any Work not in
    accordance with the Contract Documents.

    B.  OWNER may refuse to make the whole or any part of any such  payment  or,
because  of  subsequently  discovered  evidence  or the  results  of  subsequent
inspections  or tests,  nullify  any  previous  payment,  to the extent  that is
reasonably necessary to protect OWNER from loss because:

    1. The Work is  defective,  or completed  Work has been  damaged,  requiring
    correction or replacement;

    2. The Contract Price has been reduced by Written Amendment or Change Order;

    3. OWNER has been  required to correct  defective  Work or complete  Work in
    accordance with paragraph 12.07.A;

    4.  OWNER  has  actual  knowledge  of the  occurrence  of any of the  events
    enumerated in paragraphs 14.02.A.1 through A.3 inclusive;

    5.  Claims  have been made  against  OWNER on  account  of  DESIGN/BUILDER's
    performance or furnishing of the Work;

    6. The provisions of paragraph 13.02.B are applicable; or

    7.  Liens  have  been  filed in  connection  with  the  Work,  except  where
    DESIGN/BUILDER has delivered a specific Bond satisfactory to OWNER to secure
    the satisfaction and discharge of such Liens.

13.05   Substantial Completion

    A. When DESIGN/BUILDER considers the Construction ready for its intended use
DESIGN/BUILDER   shall  notify  OWNER  in  writing  that  the   Construction  is
substantially  complete (except for items specifically  listed by DESIGN/BUILDER
as  incomplete).  Within a reasonable  time  thereafter,  OWNER will prepare and
deliver to DESIGN/BUILDER a certificate of Substantial  Completion.  There shall
be attached to the  certificate  a list of Punch List Items to be  completed  or
corrected  before final payment.  At the time of delivery of the  certificate of
Substantial  Completion  OWNER  will  deliver  to  DESIGN/BUILDER  (i) a written
determination as to division of  responsibilities  pending final payment between
OWNER  and  DESIGN/BUILDER   with  respect  to  security,   operation,


                                      -59-


safety, maintenance,  heat, utilities,  insurance and warranties and guarantees,
and (ii) the payment required by section 4.01.B.2. of the Agreement.

    B. OWNER will have the right to exclude  DESIGN/BUILDER  from the Site after
the  date  of  Substantial  Completion,  but  OWNER  will  allow  DESIGN/BUILDER
reasonable  access to complete or correct  items on the list of Punch List Items
to be completed and the seven-day performance test described in Exhibit A.

13.06    Final Inspection

    A. Upon written notice from  DESIGN/BUILDER  that the entire Construction or
an agreed portion thereof is complete,  OWNER will make a final  inspection with
DESIGN/BUILDER  and will notify  DESIGN/BUILDER in writing of all particulars in
which this inspection  reveals that the Construction is incomplete or defective.
DESIGN/BUILDER shall immediately take such measures as are necessary to complete
such Construction or remedy such deficiencies.

 13.07   Final Application for Payment

    A.  After   DESIGN/BUILDER   has  completed  all  such  corrections  to  the
satisfaction  of OWNER and delivered in accordance  with the Contract  Documents
all interim  maintenance and operating  instructions and as-built drawings (with
final  copies of each  document to be  delivered  within  ninety (90) days after
final  payment),  schedules,  guarantees,  certificates  or  other  evidence  of
insurance  required by paragraph 5.02.B,  certificates of inspection,  marked-up
record   documents  (as  provided  in  paragraph  6.11)  and  other   documents,
DESIGN/BUILDER  may make  application for final payment  following the procedure
for progress  payments.  The final  Application for Payment shall be accompanied
(unless  previously  delivered)  by:  (i) all  documentation  called  for in the
Contract  Documents,  including  but not limited to the  evidence  of  insurance
required by  subparagraph  5.02.B.7,  and (ii)  complete  and legally  effective
releases or waivers of all Liens arising out of or filed in connection  with the
Work.  In lieu of such  releases  or waivers of Liens and as  approved by OWNER,
DESIGN/BUILDER  may furnish  receipts or  releases in full and an  affidavit  of
DESIGN/BUILDER that: (i) the releases and receipts include all labor,  services,
material and equipment  for which a Lien could be filed,  and (ii) all payrolls,
material and equipment bills and other indebtedness  connected with the Work for
which  OWNER  or the Site  might in any way be  responsible  have  been  paid or
otherwise  satisfied.  If any  Subcontractor or Supplier fails to furnish such a
release  or  receipt  in  full,  DESIGN/BUILDER  may  furnish  a Bond  or  other
collateral satisfactory to OWNER to indemnify OWNER against any Lien.

 13.08   Final Payment and Acceptance

    A.  If  OWNER  is   satisfied   that  the  Work  has  been   completed   and
DESIGN/BUILDER's  other  obligations  under  the  Contract  Documents  have been
fulfilled,  OWNER  will,  within  ten  (10)  days  after  receipt  of the  final
Application for Payment,  give written notice to DESIGN/BUILDER that the Work is
acceptable.  Otherwise,  OWNER will return the  Application  to  DESIGN/BUILDER,
indicating  in writing the reasons for  refusing to process  final  payment,  in
which case DESIGN/BUILDER shall make the necessary  corrections and resubmit the
Application.  Thirty (30) days after the presentation to OWNER of the acceptable
Application and  accompanying  documentation,  in appropriate form and substance
and with OWNER's notice of acceptability,  the remaining  Contract Price less $*
will become due and will be paid by OWNER to DESIGN/BUILDER.  The $* will become
due  upon  receipt  by OWNER  of a  satisfactory  verbal  or  written  emissions
compliance   report  from  a  third  party   mutually   selected  by  OWNER  and


                                      -60-


DESIGN/BUILDER confirming regulatory compliance of the air emissions performance
tests  prescribed  by the  applicable  Department  of  Environmental  Quality or
similar agency for the State of Kansas.

*OMITTED  PURSUANT TO A REQUEST FOR CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.


    B. If, through no fault of  DESIGN/BUILDER,  final completion of the Work is
significantly  delayed,  OWNER  shall,  upon receipt of  DESIGN/BUILDER's  final
Application for Payment, and without terminating the Agreement,  make payment of
the balance due for that portion of the Work fully completed and accepted.  Such
payment shall be made under the terms and  conditions  governing  final payment,
except that it shall not constitute a waiver of claims.

13.09   Waiver of Claims

    A. The making and acceptance of final payment will constitute:

    1. A waiver of all claims by OWNER  against  DESIGN/BUILDER,  except  claims
    arising from unsettled Liens,  from defective  Construction  appearing after
    final inspection  pursuant to paragraph  13.06,  from failure to comply with
    the  Contract  Documents  or the terms of any special  guarantees  specified
    therein, or from DESIGN/BUILDER's  continuing obligations under the Contract
    Documents; and

    2. a waiver of all claims by  DESIGN/BUILDER  against OWNER other than those
    previously made in writing and still unsettled.

ARTICLE 14--SUSPENSION OF WORK AND TERMINATION

14.01   Owner May Suspend Work

    A. At any time and without cause,  OWNER may suspend the Work or any portion
thereof  for a period of not more than  ninety (90) days by notice in writing to
DESIGN/BUILDER  which  will  fix  the  date  on  which  Work  will  be  resumed.
DESIGN/BUILDER shall resume the Work on the date so fixed. DESIGN/BUILDER may be
allowed an  adjustment  in the  Contract  Price or an  extension of the Contract
Times, or both,  directly  attributable to any such suspension if DESIGN/BUILDER
makes a claim therefor as provided in Article 9.

14.02   OWNER May Terminate for Cause

     A. The  occurrence  of any one or more of the  following  events  justifies
termination for cause:

    1. DESIGN/BUILDER  persistently fails to perform the Work in accordance with
    the Contract  Documents  (including,  but not limited to,  failure to supply
    sufficient  skilled workers or suitable materials or equipment or failure to
    adhere  to the  progress  schedule  established  under  paragraph  2.03.A as
    revised from time to time.)

    2. DESIGN/BUILDER  intentionally or willfully disregards Laws or Regulations
    of any public body having jurisdiction.


                                      -61-


    3.  DESIGN/BUILDER  otherwise  breaches or violates in any  material way any
    provisions of the Contract Documents.

    4.  DESIGN/BUILDER  becomes  financially  insolvent  or  files  a  voluntary
    petition of bankruptcy,  or an  involuntary  petition of bankruptcy is filed
    that is not  dismissed  within  ninety  (180)  days  after  the date of such
    filing.

     B. OWNER may, after giving DESIGN/BUILDER  written notice of the occurrence
of an event in paragraph  14.02.A and twenty (20) days  therefrom to remedy such
event (or,  if such event is not  capable of being  remedied  within such twenty
(20) days,  such number of days as is  reasonably  needed to remedy such event),
and to the extent permitted by Laws and  Regulations,  terminate the services of
DESIGN/BUILDER,  exclude DESIGN/BUILDER from the Site and take possession of the
Work  incorporate in the Work all materials and equipment  stored at the Site or
elsewhere for which OWNER has paid  DESIGN/BUILDER  and finish the Work as OWNER
may deem expedient. In such case DESIGN/BUILDER shall not be entitled to receive
any further payment other than  reimbursement for  DESIGN/BUILDER's  payments to
Subcontractors and Suppliers for labor, services,  equipment and materials prior
to the date of termination, but only to the extent not previously paid by OWNER.
If the  unpaid  balance of the  Contract  Price  exceeds  all  reasonable  costs
incurred by OWNER  resulting from completing the Work (including but not limited
to all reasonable fees and charges of engineers, architects, attorneys and other
professionals  and all court or arbitration or other dispute  resolution  costs)
such excess will be paid to DESIGN/BUILDER.  If all reasonable costs incurred by
OWNER to complete the Work (including but not limited to all reasonable fees and
charges of  engineers,  architects,  attorneys and other  professionals  and all
court or  arbitration  or other  dispute  resolution  costs)  exceed  the unpaid
balance of the Contract Price,  DESIGN/BUILDER shall pay the difference to OWNER
subject to the provisions of paragraph  16.06 below.  When exercising any rights
or remedies under this paragraph  OWNER shall be required to obtain a reasonable
price for the Work performed.

     C. Where  DESIGN/BUILDER's  services have been so terminated by OWNER,  the
termination   will  not  affect  any  rights  or  remedies   of  OWNER   against
DESIGN/BUILDER  then  existing or which may  thereafter  accrue.  Any payment to
DESIGN/BUILDER by OWNER will not release DESIGN/BUILDER from liability.

     D. Nothing in this paragraph shall be interpreted or construed as requiring
DESIGN/BUILDER  to  perform  any  additional  services  after  such  termination
including,  without limitation, the creation of any drawings,  specifications or
any other document necessary to complete the Work.

14.03   DESIGN/BUILDER May Stop Work or Terminate

    A. If, through no act or fault of DESIGN/BUILDER,  the Work is suspended for
a period  of more than  ninety  (90) days by OWNER or under an order of court or
other public  authority,  or OWNER fails to pay  DESIGN/BUILDER  any  undisputed
amount due under the Contract  Documents  within 30 days after  Application  for
Payment is  submitted to OWNER,  then  DESIGN/BUILDER  may,  upon seven (7) days
written notice to OWNER,  and provided OWNER does not remedy such  suspension or
failure within that time, terminate the Agreement and recover from OWNER payment
of all amounts  due and owing from OWNER to  DESIGN/BUILDER  under the  Contract
Documents for Work performed through the date of such termination (including any
profit thereon) and all cost and expenses incurred by DESIGN/BUILDER due to such
termination  (including,  without  limitation,  any  costs  incurred  to  cancel
contracts  with  Subcontractors  and  the  reasonable  demobilization  costs  of
DESIGN/BUILDER).  In lieu of terminating


                                      -62-



the Agreement and without prejudice to any other right or remedy, DESIGN/BUILDER
may upon seven (7) days written  notice to OWNER stop the Work until  payment is
made  of  all  amounts  due  DESIGN/BUILDER,  including  interest  thereon.  The
provisions of this paragraph 14.03.A are not intended to preclude DESIGN/BUILDER
from making claim under Article 9 for an increase in Contract  Price or Contract
Times or otherwise  for expenses or damage  attributable  to such  suspension or
failure.

ARTICLE 15--DISPUTE RESOLUTION

15.01  Dispute Resolution Agreement

     A. OWNER and  DESIGN/BUILDER  agree that they will first submit any and all
unsettled claims, counterclaims,  disputes and other matters in question between
them arising out of or relating to the Contract  Documents or the breach thereof
("disputes"),  to mediation by a mutually agreeable,  impartial mediator,  or if
the parties cannot so agree, a mediator  designated by the American  Arbitration
Association ("AAA") pursuant to its Construction Industry Mediation Rules, prior
to either of them initiating against the other a demand for arbitration pursuant
to paragraph  15.01.B through  15.01.E,  unless delay in initiating  arbitration
would irrevocably  prejudice one of the parties. Any time limits within which to
file a demand  for  arbitration  shall be  suspended  with  respect to a dispute
submitted to mediation within those same applicable time limits and shall remain
suspended until 10 days after the termination of the mediation.  The mediator of
any dispute  submitted  to  mediation  under this  Agreement  shall not serve as
arbitrator of such dispute unless otherwise agreed.

    B. All claims,  disputes  and other  matters in question  between  OWNER and
DESIGN/BUILDER  arising  out of or  relating to the  Contract  Documents  or the
breach  thereof  (except  for  claims  which  have been  waived by the making or
acceptance of final  payment as provided by paragraph  13.09) will be decided by
binding  arbitration in accordance with the  Construction  Industry  Arbitration
Rules of the AAA then in effect,  subject to the  limitations  of this paragraph
15.01. The arbitrator  shall have the discretion to award reasonable  attorneys'
fees and costs to the prevailing  party.  This agreement so to arbitrate and any
other agreement or consent to arbitrate  entered into in accordance  herewith as
provided in this  paragraph  15.01 will be  specifically  enforceable  under the
prevailing law of any court having jurisdiction.

     C. Notice of the demand for  arbitration  will be filed in writing with the
other party to the Agreement and with the  designated  arbitration  entity.  The
demand for  arbitration  will be made within a reasonable  time after the claim,
dispute or other matter in question  has arisen,  and in no event shall any such
demand be made after the date when institution of legal or equitable proceedings
based on such claim,  dispute or other matter in question would be barred by the
applicable statute of limitations.

     D. Except as provided in paragraph  15.01.E below,  no arbitration  arising
out of or relating to the Contract  Documents  shall  include by  consolidation,
joinder  or in any other  manner  any other  individual  or` entity who is not a
party to this contract unless:

    1. the inclusion of such other individual or entity is necessary if complete
    relief  is to be  afforded  among  those  who  are  already  parties  to the
    arbitration, and

    2. such other individual or entity is  substantially  involved in a question
    of law or fact  which is  common  to those who are  already  parties  to the
    arbitration and which will arise in such proceedings, and


                                      -63-



    3. the  written  consent  of the other  individual  or  entity  sought to be
    included  and of  OWNER  and  DESIGN/BUILDER  has  been  obtained  for  such
    inclusion,  which consent shall make specific  reference to this  paragraph;
    but no such consent shall  constitute  consent to arbitration of any dispute
    not specifically  described in such consent or to arbitration with any party
    not specifically identified in such consent.

     E.  Notwithstanding  paragraph 15.01.D, if a claim, dispute or other matter
in  question   between  OWNER  and   DESIGN/BUILDER   involves  the  Work  of  a
Subcontractor, Supplier or Engineer either OWNER or DESIGN/BUILDER may join such
entity as a party to the arbitration between OWNER and DESIGN/BUILDER hereunder.
DESIGN/BUILDER shall include in all subcontracts  required by paragraph 6.05.D a
specific  provision  whereby the  Subcontractor  consents to being joined in any
arbitration  between  OWNER  and  DESIGN/BUILDER  involving  the  Work  of  such
Subcontractor.  Nothing in this  paragraph  15.01.E or in the  provision of such
subcontract  consenting  to joinder  shall  create any claim,  right or cause of
action in favor of Subcontractor, Supplier or Engineer against OWNER.

     F.  Notwithstanding the foregoing,  the provisions of this Article 15 shall
not apply to any claim by  DESIGN/BUILDER  of any breach or threatened breach of
any provision of the License Agreement attached as Exhibit F.

ARTICLE 16--MISCELLANEOUS

16.01    Giving Notice

    A. Whenever any provision of the Contract  Documents  requires the giving of
written notice, it will be deemed to have been validly given:

     1. If delivered in person to the  individual  or to a member of the firm or
    to an officer of the corporation for whom it is intended;

     2. If  delivered  at or sent  by  registered  or  certified  mail,  postage
    prepaid, to the last business address known to the giver of the notice; or

    3. If  transmitted  by  facsimile,  the  time at which a  machine  generated
    confirmation  states the  notice was  received  at the  facsimile  telephone
    number of the intended recipient last known by the sender.

16.02   Computation of Times

    A. When any period of time is referred to in the Contract Documents by days,
it will be  computed  to  exclude  the  first and  include  the last day of such
period. If the last day of any such period falls on a Saturday or Sunday or on a
day made a legal  holiday by the law of the  applicable  jurisdiction,  such day
will be omitted from the computation.

    B. A calendar day of  twenty-four  hours  measured from midnight to the next
midnight will constitute a day.

16.03   Notice of Claim


                                      -64-


    A.  Should  OWNER or  DESIGN/BUILDER  suffer  injury  or damage to person or
property  because of any error,  omission or act of the other party or of any of
the other  party's  employees or agents or others for whose acts the other party
is legally  liable,  claim will be made in writing to the other  party  within a
reasonable time of the first observance of such injury or damage. The provisions
of this paragraph 16.03.A shall not be construed as a substitute for or a waiver
of the provisions of any applicable statute of limitations or repose.

16.04   Cumulative Remedies

    A. Except as provided in paragraph 16.06, the duties and obligations imposed
by these General Conditions and the rights and remedies  available  hereunder to
the parties hereto,  and, in particular but without  limitation,  any general or
specific warranties,  guarantees and indemnities imposed upon a party and all of
the rights and remedies available to the other party thereunder, are in addition
to, and are not to be construed  in any way as a  limitation  of, any rights and
remedies  available  to any or  all of  them  which  are  otherwise  imposed  or
available by Laws or Regulations,  by special  warranty or guarantee or by other
provisions of the Contract Documents,  and the provisions of this paragraph will
be as  effective  as if  repeated  specifically  in the  Contract  Documents  in
connection with each particular duty, obligation, right and remedy to which they
apply.

16.05    Survival of Obligations

    A. All representations, indemnifications, warranties and guarantees made in,
required by or given in accordance with the Contract  Documents,  as well as all
continuing  obligations indicated in the Contract Documents,  will survive final
payment,  completion and acceptance of the Work and termination or completion of
the Agreement.

16.06   Limitation  on  OWNER's   Recovery  of  Damages  and  Mutual  Waiver  of
Consequential Damages

     A.  Notwithstanding  any other provision of the Contract  Documents,  OWNER
agrees that the aggregate amount OWNER (and anyone claiming by or through OWNER)
may recover  collectively from DESIGN/BUILDER and its employee's and agents, for
the  Project as a whole  under the  Contract  Documents  (including  the License
Agreement  attached as Exhibit F), including,  without  limitation  damages from
DESIGN/BUILDER for OWNER's correction of defective  Construction under paragraph
12.07.A,  and  acceptance  of  defective  Construction  under  paragraph  12.08,
correction  of any  defective  equipment or part thereof  under Exhibit I and/or
termination for cause under paragraph 14.02, shall be limited to *.


*OMITTED  PURSUANT TO A REQUEST FOR CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.


                                      -65-



                                                               Southwest Iowa Renewable                        Segregation of Responsibilities and Scope of Work
                                                               110 MMGPY                                                                           Date 06/09/06
                                                                                                                                                   REV 0

                  EXHIBIT A - Segregation of Responsibilities and Scope of Work between SIRE and ICM
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Description                    Design Basis     Estimate         Design      Construction                       Comments
--------------------------------------------------------------------------------------------------------------------------------------------------------------
             Outside battery limits
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Rough Grading                   Southwest         Southwest   Southwest         Southwest  The site  including  any storm  water  run-off
                                                      Iowa           Iowa           Iowa           Iowa      retention  system,  will be  rough  graded  to
                                                  Renewable         Renewable   Renewable         Renewable  allow  final  design  site  elevation  plus or
                                                                                                             minus 2" and to be performed by Southwest Iowa
                                                                                                             Renewable, LLC (Southwest Iowa Renewable).
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Finish Grading                  Southwest         Southwest   Southwest         Southwest  The site will be finish graded to  accommodate
                                                      Iowa           Iowa           Iowa           Iowa      surface  drainage as required for ICM's design
                                                  Renewable         Renewable   Renewable         Renewable  and Southwest  Iowa  Renewable's  design.  All
                                                                                                             seeding and  landscaping  to be  provided  and
                                                                                                             installed by Southwest Iowa Renewable.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Erosion Control                 Southwest         Southwest   Southwest         Southwest  ICM  will   maintain   dust   control   during
                                                      Iowa           Iowa           Iowa           Iowa      construction  for its  construction,  lay down
                                                  Renewable         Renewable   Renewable         Renewable  and  office/parking   areas.   Southwest  Iowa
                                                                                                             Renewable   will  maintain   overall   erosion
                                                                                                             control throughout the project.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                         Roads                    Southwest         Southwest   Southwest         Southwest   Southwest Iowa Renewable will design roads and
                                                      Iowa           Iowa           Iowa            Iowa      install  a  minimum  of 12" of base  rock  for
                                                  Renewable         Renewable   Renewable         Renewable   access roads with temsar  geogrid and interior
                                                                                                              plant  access roads and drives  acceptable  to
                                                                                                              ICM, within 6" of any planned hard surface top
                                                                                                              elevation,    before    the   plant    project
                                                                                                              contruction  begins.  ICM will use these roads
                                                                                                              for access during construction,  will maintain
                                                                                                              the roads through  construction.  Any required
                                                                                                              base  above  this  level  and all  final  hard
                                                                                                              surfacing  will be installed by Southwest Iowa
                                                                                                              Renewable.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                         Rail                                                                                Southwest Iowa Renewable will provide all rail
                                                 ICM/Southwes       Southwest      Southwest      Southwest  design and construction. ICM will provide inpu
                                                     Iowa            Iowa            Iowa           Iowa     as to the rail spacing  required for the grain
                                                  Renewable         Renewable      Renewable      Renewable  unloading & ethanol loadout.
--------------------------------------------------------------------------------------------------------------------------------------------------------------

    Southwest Iowa Renewable Energy                                    Sheet 1 of 12




                                                               Southwest Iowa Renewable                        Segregation of Responsibilities and Scope of Work
                                                               110 MMGPY                                                                           Date 06/09/06
                                                                                                                                                   REV 0
                  EXHIBIT A - Segregation of Responsibilities and Scope of Work between SIRE and ICM
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Description                     Design Basis    Estimate         Design      Construction                      Comments
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                      Water Supply                   ICM          Southwest   Southwest         Southwest    ICM will  provide  the flow  rate and  quality
                                                                   Iowa           Iowa           Iowa        basis  for the  process  water to be routed to
                                                                  Renewable   Renewable         Renewable    the battery  limits.  Southwest Iowa Renewable
                                                                                                             will provide and install all necessary  wells,
                                                                                                             waterlines,  and  appurtenances  necessary  to
                                                                                                             supply  the  water  from  its  source  to  the
                                                                                                             firewater  tank inlet piping.  Southwest  Iowa
                                                                                                             Renewable  will make the necessary  connection
                                                                                                             to the tank. ICM will provide all water piping
                                                                                                             from that point to the individual  water usage
                                                                                                             points  within the battery  limits.  Southwest
                                                                                                             Iowa  Renewable   will  provide   potable  and
                                                                                                             process  water  from  its  source  to the  CO2
                                                                                                             plant(if   required)  and  the  administration
                                                                                                             building.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Natural Gas Supply                 ICM            Southwest   Southwest     Southwest      ICM will provide Southwest Iowa Renewable with
                                                                     Iowa         Iowa            Iowa       the natural gas usage  requirements for sizing
                                                                    Renewable   Renewable     Renewable      of the  natural  gas  supply.  Southwest  Iowa
                                                                                                             Renewable is to install the natural gas supply
                                                                                                             line Southwest routed to a location inside the
                                                                                                             battery  limits Iowa  rpecified by ICM, in the
                                                                                                             general area of the RTO.  Renewable  Southwest
                                                                                                             Iowa Renewable will install natural gas line to
                                                                                                             any future CO2  plant(if  required)  and   the
                                                                                                             administration building.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Storm Drainage                     Southwest      Southwest   Southwest         Southwest  Southwest  Iowa  Renewable  is to provide  and
                                                     Iowa             Iowa        Iowa              Iowa     install  storm   drainage  as  part  of  rough
                                                     Renewable      Renewable   Renewable         Renewable  grading package.
--------------------------------------------------------------------------------------------------------------------------------------------------------------

Southwest Iowa Renewable Energy
                                                                         Sheet 2 of 12






                                                               Southwest Iowa Renewable                        Segregation of Responsibilities and Scope of Work
                                                               110 MMGPY                                                                           Date 06/09/06
                                                                                                                                                   REV 0
                  EXHIBIT A - Segregation of Responsibilities and Scope of Work between SIRE and ICM
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Description                     Design Basis    Estimate         Design      Construction                      Comments
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                   Sanitary Sewer                   Southwest     Southwest      Southwest      Southwest    Southwest Renewable will install and route the
                                                      Iowa           Iowa          Iowa            Iowa      the  sanitary  sewer to  locations  inside the
                                                     Renewable     Renewable      Renewable      Renewable   battery  limits  specified  by ICM.  Southwest
                                                                                                             Iowa Renewable  will run all on-site  sanitary
                                                                                                             sewer lines inside the battery  limits to this
                                                                                                             ICM specified  location for tie in.  Southwest
                                                                                                             Iowa Renewable is  responsible  for the design
                                                                                                             and  installation  of any Septic  Systems  and
                                                                                                             lift stations.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Process Sewer                                                                              Waste  water from the process  (cooling  tower
                                                     Southwest     Southwest      Southwest      Southwest   blowdown,   softner   discharge,   RO  Reject,
                                                      Iowa           Iowa          Iowa             Iowa     multimedia  backwash) will be discharged  from
                                                     Renewable     Renewable      Renewable      Renewable   the  plant to the  location  specified  in the
                                                                                                             discharge  permit, by Southwest Iowa Renewable
                                                                                                             All labor and materials  required to discharge
                                                                                                             these items will be supplied and  installed by
                                                                                                             Southwest Iowa Renewable.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
              Interconnecting Piperacks                ICM            ICM          ICM              ICM      ICM will design and construct  interconnecting
                                                                                                             pipe  racks  and  piping  within  the  battery
                                                                                                             limits,  ncluding  pipe  racks to the  ethanol
                                                                                                             storage area,  ethanol  loading area,  ethanol
                                                                                                             loadout  flare,  the  cooling  tower  and  the
                                                                                                             process  water  tank.  The CO2  line  and pipe
                                                                                                             racks from the  scrubber  to any  ifuture  CO2
                                                                                                             plant,  is to be  provided by  Southwest  Iowa
                                                                                                             Renewable.
--------------------------------------------------------------------------------------------------------------------------------------------------------------

Southwest Iowa Renewable Energy
                                                                         Sheet 3 of 12




                                                               Southwest Iowa Renewable                        Segregation of Responsibilities and Scope of Work
                                                               110 MMGPY                                                                           Date 06/09/06
                                                                                                                                                   REV 0
                  EXHIBIT A - Segregation of Responsibilities and Scope of Work between SIRE and ICM
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Description                     Design Basis    Estimate         Design      Construction                      Comments
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                   Steam Supply                   Southwest      Southwest    Southwest        Southwest      ICM  will  specify  the   required   pressure,
                                                   Iowa           Iowa            Iowa           Iowa         quality,  flow rate and  location for delivery
                                                  Renewable      Renewable    Renewable        Renewable      of the  steam  supply  to a point  inside  the
                                                                                                              battery  limits.  Southwest  Iowa Renewable is
                                                                                                              responsible  for  designing,   providing,  and
                                                                                                              installing  all equipment and piping  required
                                                                                                              to deliver  continuous  steam to the specified
                                                                                                              location.  Southwest  Iowa  Renewable  is also
                                                                                                              responsible  for  designing,   providing,  and
                                                                                                              installing  all items  required for condensate
                                                                                                              return to MidAm.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
              Administration Building               Southwest      Southwest    Southwest        Southwest    Southwest  Iowa  Renewable will be responsible
                                                     Iowa           Iowa            Iowa           Iowa       for  the  design  and   construction   of  the
                                                    Renewable      Renewable    Renewable        Renewable    administration building.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
              Inside battery limits
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                   Rough Grading                     Southwest      Southwest    Southwest        Southwest   The  site  inside  of  the   battery   limits,
                                                     Iowa           Iowa             Iowa           Iowa      including  drainage to any storm water run-off
                                                    Renewable      Renewable    Renewable        Renewable    retention  system,  will be rough graded prior
                                                                                                              to any plant project construction to allow for
                                                                                                              final  design  elevation  to be  performed  by
                                                                                                              Southwest  Iowa   Renewable.   Southwest  Iowa
                                                                                                              Renewable  shall be  responsible  for all site
                                                                                                              grading  to meet the  allowable  soil  bearing
                                                                                                              pressures and  acceptable  minimum  settlement
                                                                                                              requirements  as specified by the Engineer All
                                                                                                              rough   grading   and   compaction   shall  be
                                                                                                              inspected    by   a   licensed    professional
                                                                                                              geotechnical  firm and all test results  shall
                                                                                                              be   forwarded   to   ICM   immediately   upon
                                                                                                              ompletion.  All testing  procedures  are to be
                                                                                                              pre- approved by ICM, at it's sole discretion.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
      Southwest Iowa Renewable Energy                                   Sheet 4 of 12






                                                               Southwest Iowa Renewable                        Segregation of Responsibilities and Scope of Work
                                                               110 MMGPY                                                                           Date 06/09/06
                                                                                                                                                   REV 0
                  EXHIBIT A - Segregation of Responsibilities and Scope of Work between SIRE and ICM
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Description                     Design Basis    Estimate         Design      Construction                      Comments
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Finish Grading                 Southwest     Southwest      Southwest      Southwest        Southwest   Iowa  Renewable  will  design  and
                                                  Iowa           Iowa           Iowa           Iowa           perform  finish  grading  to slope  the  grade
                                                 Renewable     Renewable      Renewable      Renewable        within  the  battery  limits to a storm  water
                                                                                                              drainage system to be provided and installed by
                                                                                                              Southwest  Iowa  Renewable.  All final grading
                                                                                                              outside the battery limits will be designed and
                                                                                                              performed by  Southwest  Iowa  Renewable.  All
                                                                                                              seeding and  landscaping  will be provided and
                                                                                                              installed by Southwest Iowa Renewable.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                      Roads                      Southwest     Southwest      Southwest      Southwest        Southwest Iowa Renewable will design roads and
                                                  Iowa           Iowa           Iowa           Iowa           drives  and  install a minimum  of 12" of base
                                                 Renewable     Renewable      Renewable      Renewable        rock with Tensar geo grid as part of the rough
                                                                                                              grade  before  construction  begins.  ICM will
                                                                                                              maintain the roads  inside the battery  limits
                                                                                                              and  Southwest  construction  and  restore the
                                                                                                              base  to  within  2" of  previous  grade.  All
                                                                                                              required  base  above this level and all final
                                                                                                              hard  surfacing will be installed by Southwest
                                                                                                              Iowa Renewable.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Laydown Area                    Southwest     Southwest      Southwest      Southwest       Southwest Iowa  Renewable is  responsible  for
                                                   Iowa            Iowa          Iowa            Iowa         all  laydown/trailer  areas required for ICM's
                                                  Renewable     Renewable      Renewable      Renewable       construction with 6" base rock as specified by
                                                                                                              ICM.  ICM  will  maintain  the  laydown  areas
                                                                                                              during construction.  Southwest Iowa Renewable
                                                                                                              is responsible  for removal of rock base after
                                                                                                              construction is completed.
--------------------------------------------------------------------------------------------------------------------------------------------------------------

     Southwest Iowa Renewable Energy                                   Sheet 5 of 12





                                                               Southwest Iowa Renewable                        Segregation of Responsibilities and Scope of Work
                                                               110 MMGPY                                                                           Date 06/09/06
                                                                                                                                                   REV 0
                  EXHIBIT A - Segregation of Responsibilities and Scope of Work between SIRE and ICM
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Description                     Design Basis    Estimate         Design      Construction                      Comments
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                Temporary Facilities               Southwest    Southwest      Southwest        Southwest      ICM will  maintain  the layout area for office
                                                    Iowa            Iowa          Iowa            Iowa         trailers,      parking      and      equipment
                                                  Renewable &    Renewable &    Renewable &    Renewable &     storage/laydown   through  construction.   ICM
                                                    ICM             ICM            ICM            ICM          and/or its subcontractors will furnish all ICM
                                                                                                               required   office    trailers    through   the
                                                                                                               construction process. Southwest Iowa Renewable
                                                                                                               will furnish all temporary  utilities required
                                                                                                               by ICM.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Natural Gas Supply               Southwest     Southwest      Southwest      Southwest       ICM will provide Southwest Iowa Renewable with
                                                    Iowa            Iowa          Iowa            Iowa         the natural gas usage  requirements for sizing
                                                   Renewable     Renewable      Renewable      Renewable       of the  natural  gas  supply  for the  ethanol
                                                                                                               plant.  Southwest  Iowa Renewable will furnish
                                                                                                               Natural  gas  service  supply  to  a  location
                                                                                                               inside the battery limits  specified by ICM in
                                                                                                               the general area of the  regenerative  thermal
                                                                                                               oxidizer.   Southwest   Iowa   Renewable  will
                                                                                                               provide  natural gas and the required gas line
                                                                                                               from its  header to any  future  CO2 plant and
                                                                                                               the administration building.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
        Grain Receiving, Handling and Storage        Southwest     Southwest      Southwest      Southwest     ICM will  provide  grain  usage  requirements.
                                                      Iowa            Iowa          Iowa            Iowa       Southwest Iowa  Renewable is  responsible  for
                                                     Renewable     Renewable      Renewable      Renewable     all grain receiving,  handling, and storage up
                                                                                                               to the  connection of the slurry  blender feed
                                                                                                               screw.  ICM will  provide the hammer mills for
                                                                                                               installation   by  Southwest  Iowa  Renewable.
                                                                                                               Southwest   Iowa  Renewable  will  design  and
                                                                                                               install   the   electrical,    controls,   and
                                                                                                               instrumentation  as  specified  by ICM  design
                                                                                                               basis for the grain receiving,  handling,  and
                                                                                                               storage system.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  WDG Handling                       ICM              ICM             ICM           ICM        ICM will provide and install the WDG handling
                                                                                                               system per ICM standard 110 MMGPY Facility.
--------------------------------------------------------------------------------------------------------------------------------------------------------------

     Southwest Iowa Renewable Energy                                    Sheet 6 of 12





                                                               Southwest Iowa Renewable                        Segregation of Responsibilities and Scope of Work
                                                               110 MMGPY                                                                           Date 06/09/06
                                                                                                                                                   REV 0
                  EXHIBIT A - Segregation of Responsibilities and Scope of Work between SIRE and ICM
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Description                     Design Basis    Estimate         Design      Construction                      Comments
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                   DDG Handling                      ICM            ICM            ICM              ICM       ICM will provide and install the DDG handling
                                                                                                              system per ICM standard 110 MMGPY Facility.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                    Grain Milling                                                  ICM                        ICM is responsible for the specification and
                                                     ICM            ICM                             ICM       purchase of the Hammer Mills for installation by
                                                                                                              Southwest Iowa Renewable.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                Plant & Instrument Air               ICM            ICM            ICM              ICM       ICM is  responsible  for the  compressors  and
                                                                                                              piping  for  all  plant  and   instrument  air
                                                                                                              required for other  elements of ICM's scope of
                                                                                                              work.   Southwest   Iowa   Renewable  will  be
                                                                                                              responsible   for   any   air    requirements,
                                                                                                              including  compressors,  dryers and piping for
                                                                                                              all other  elements of the work not covered in
                                                                                                              the ICM scope of work,  including  any  future
                                                                                                              CO2 plant.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
              Cook Section/Liquefaction              ICM            ICM            ICM              ICM       ICM is  responsible  for all  elements  of the
                                                                                                              purchase,  design  and  construction  of these
                                                                                                              systems. Per standard ICM 110 MMGPY Facility.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                 Fermentation Section                ICM            ICM            ICM              ICM       ICM is  responsible  for all  elements  of the
                                                                                                              purchase,  design  and  construction  of these
                                                                                                              systems. Per standard ICM 110 MMGPY Facility.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
         Distillation/Evaporation Sections           ICM            ICM            ICM              ICM       ICM is  responsible  for all  elements  of the
                                                                                                              purchase,  design  and  construction  of these
                                                                                                              systems. Per standard ICM 110 MMGPY Facility.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
           Liquid/Solid Separation Section           ICM            ICM            ICM              ICM       ICM is  responsible  for all  elements  of the
                                                                                                              purchase,  design  and  construction  of these
                                                                                                              systems. Per standard ICM 110 MMGPY Facility.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Evaporation Section                ICM            ICM            ICM               ICM      ICM is  responsible  for all  elements  of the
                                                                                                              purchase,  design  and  construction  of these
                                                                                                              systems.  Per standard ICM 110 MMGPY Facility.
--------------------------------------------------------------------------------------------------------------------------------------------------------------

     Southwest Iowa Renewable Energy                                    Sheet 7 of 12





                                                               Southwest Iowa Renewable                        Segregation of Responsibilities and Scope of Work
                                                               110 MMGPY                                                                           Date 06/09/06
                                                                                                                                                   REV 0
                  EXHIBIT A - Segregation of Responsibilities and Scope of Work between SIRE and ICM
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Description                     Design Basis    Estimate         Design      Construction                      Comments
--------------------------------------------------------------------------------------------------------------------------------------------------------------
            Product Storage Section              ICM            ICM            ICM               ICM         ICM is  responsible  for all  elements  of the
                                                                                                             purchase,  design  and  construction  of  this
                                                                                                             systems,  per standard  ICM 110 MMGPY  design.
                                                                                                             Tanks   will   be    provided    with   gravel
                                                                                                             foundations.   Cathodic   protection   is  not
                                                                                                             included in base contract price. All secondary
                                                                                                             containment design and installation  including
                                                                                                             any required  bentonite  or synthetic  liners,
                                                                                                             and riprap are part of the rough grading scope
                                                                                                             by Southwest Iowa Renewable.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                Boiler/Steam Section            ICM/Southwes      Southwest      Southwest      Southwest    Southwest Iowa Renewable Energy is responsible
                                                     Iowa           Iowa           Iowa           Iowa       for the design and  installation  of the steam
                                                  Renewable       Renewable      Renewable      Renewable    supply  to  the   ethanol   facility   at  ICM
                                                                                                             specified pressure,  temperature, and quality,
                                                                                                             to an ICM  specified  location  on  site.  All
                                                                                                             chemicals  required are the  responsibility of
                                                                                                             Southwest Iowa Renewable.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
          Process Building and Energy Center          ICM             ICM           ICM             ICM      ICM will  design  and  construct  the  process
                                                                                                             building  and  energy  center   including  all
                                                                                                             associated   interior    equipment,    piping,
                                                                                                             foundations,      miscellaneous     mechanical
                                                                                                             equipment,  and electrical (ISBL).  Five steam
                                                                                                             tube dryers and two RTOs will be furnished.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
              Cooling Tower/Water Section             ICM             ICM           ICM             ICM      ICM is  responsible  for all  elements  of the
                                                                                                             purchase,  design  and  construction  of  this
                                                                                                             system,  Per  standard  ICM 110  MMGPY  design
                                                                                                             Tower  chemicals  are  the  responsibility  of
                                                                                                             Southwest Iowa Renewable.
--------------------------------------------------------------------------------------------------------------------------------------------------------------



     Southwest Iowa Renewable Energy                                   Sheet 8 of 12





                                                                                                                                                                                  Product Storage Section               ICM             ICM           ICM             ICM
                                                                                                                                                                                                                                                                                 ICM is responsible for all elements of the
                                                               Southwest Iowa Renewable                        Segregation of Responsibilities and Scope of Work                                                                                                                  purchase, design and construction of this
                                                               110 MMGPY                                                                           Date 06/09/06                                                                                                                   systems, per standard ICM 110 MMGPY design.
                                                                                                                                                   REV 0                                                                                                                       anks will be provided with gravel foundations.
                  EXHIBIT A - Segregation of Responsibilities and Scope of Work between SIRE and ICM                                                                                                                                                                            Cathodic protection is not included in base
--------------------------------------------------------------------------------------------------------------------------------------------------------------                                                                                                                 ontract price. All secondary containment design
                  Description                     Design Basis    Estimate         Design      Construction                      Comments                                                                                                                                              and installation including any required
--------------------------------------------------------------------------------------------------------------------------------------------------------------
             Electrical/Power Substation             ICM           Southwest     Southwest     Southwest    Southwest Iowa  Renewable is  responsible  for
                                                                     Iowa           Iowa         Iowa       the main  electrical  substation to be located
                                                                   Renewable      Renewable    Renewable    within  500'  of  the  process  building,  and
                                                                                                            metering   of   electrical   power.   ICM   is
                                                                                                            responsible   for  the  main   switchgear  and
                                                                                                            providing  three (3) 600 amp feeds.  Southwest
                                                                                                            Iowa  Renewable  is also  responsible for  any
                                                                                                            contracts   with  the   electrical   utilities
                                                                                                            regarding power equipment and/or usage
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                  Power Distribution               ICM/Southwes    Southwest      Southwest      Southwest  ICM   is   responsible    for   the   primary
                                                     t Iowa          Iowa           Iowa           Iowa     distribution from the feed points at the main
                                                     Renewable     Renewable      Renewable      Renewable  switchgear,  and for all cables,  switchgear,
                                                                                                            and  transformers  to  provide  power  to the
                                                                                                            ethanol plant excluding any CO2 recovery. The
                                                                                                            Power  Distribution  is not  included  in the
                                                                                                            base contract price. ICM to complete the work
                                                                                                            and  the  costs   will  be   billed   back~to
                                                                                                            Southwest  Iowa  Renewable  at cost plus 15%.
                                                                                                            ICM will provide a transformer for the Admin.
                                                                                                            building and SIRE will be responsible for the
                                                                                                            hook  up to  said  transformer  and  for  any
                                                                                                            additional  wiring  required  for the  Admin.
                                                                                                            building.   Secondary   voltage   to   Admin.
                                                                                                            building will be 480 Vac.~
--------------------------------------------------------------------------------------------------------------------------------------------------------------
          Construction Power and utilities           ICM           Southwest      Southwest      Southwest  Southwest   Iowa   Renewable  will  be  solely
                                                                      Iowa           Iowa           Iowa    responsible  for supplying and  installing all
                                                                   Renewable      Renewable       Renewable required  utilities  needed for  construction.
                                                                                                            ICM will furnish  specifications and locations
                                                                                                            of  needed  utilities  to  include  electrical
                                                                                                            power,  lighting,  sewer, and natural gas. All
                                                                                                            utilities  bills for  construction  will be in
                                                                                                            Southwest  Iowa  Renewable's  name and  billed
                                                                                                            direct to Southwest Iowa  Renewable  Temporary
                                                                                                            power will be installed during rough grading.
--------------------------------------------------------------------------------------------------------------------------------------------------------------

Southwest Iowa Renewable Energy




                                                                                                                                                                                  Product Storage Section               ICM             ICM           ICM             ICM
                                                                                                                                                                                                                                                                                 ICM is responsible for all elements of the
                                                               Southwest Iowa Renewable                        Segregation of Responsibilities and Scope of Work                                                                                                                  purchase, design and construction of this
                                                               110 MMGPY                                                                           Date 06/09/06                                                                                                                   systems, per standard ICM 110 MMGPY design.
                                                                                                                                                   REV 0                                                                                                                       anks will be provided with gravel foundations.
                  EXHIBIT A - Segregation of Responsibilities and Scope of Work between SIRE and ICM                                                                                                                                                                            Cathodic protection is not included in base
--------------------------------------------------------------------------------------------------------------------------------------------------------------                                                                                                                 ontract price. All secondary containment design
                  Description                     Design Basis    Estimate         Design      Construction                      Comments                                                                                                                                              and installation including any required
--------------------------------------------------------------------------------------------------------------------------------------------------------------
       600 v equipment within battery limits         ICM              ICM          ICM             ICM       ICM is  responsible  for  the  600v  equipment
                                                                                                             including  cables,   switchgear,   MCC,  panel
                                                                                                             boards,  and  transformers to provide electric
                                                                                                             power to the plant  areas  within the  battery
                                                                                                             limits.   The  Admin   building  will  be  the
                                                                                                             responsibility  of  Southwest  Iowa  Renewable
                                                                                                             and/or it's  subcontractors  from the low side
                                                                                                             (600v) of the corresponding transformer.
--------------------------------------------------------------------------------------------------------------------------------------------------------------
            Instrumentation and controls             ICM              ICM          ICM             ICM       ICM is responsible for the instrumentation and
                                                                                                             controls  within the battery limits  including
                                                                                                             the  DCS  system  and  hardware.   All  office
                                                                                                             computers and networks are the  responsibility
                                                                                                             of Southwest Iowa Renewable
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                Facility Communications              Southwest    Southwest       Southwest    Southwest     Southwest  Iowa  Renewable will be responsible
                                                     Iowa            Iowa          Iowa          Iowa        for the facility communications  including the
                                                     Renewable    Renewable       Renewable    Renewable     telephone   system  and   broadband   Internet
                                                                                                             access. ICM will help coordinate  quantity and
                                                                                                             locations for installations within the battery
                                                                                                             limits and any interface with plant equipment.
                                                                                                             Any  required   security   systems,   cameras,
                                                                                                             wiring,  or monitors is the  responsibility of
                                                                                                             Southwest  Iowa   Renewable.   Southwest  Iowa
                                                                                                             Renewable  must provide a dedicated  telephone
                                                                                                             service  and  dedicated  internet  ISP  at the
                                                                                                             server room in the main Process Building.
--------------------------------------------------------------------------------------------------------------------------------------------------------------

     Southwest Iowa Renewable Energy                                   Sheet 10 of 12



                                                                                                               Product Storage Section               ICM             ICM           ICM             ICM
                                                                                                                                                                                                                                                                                 ICM is responsible for all elements of the
                                                               Southwest Iowa Renewable                        Segregation of Responsibilities and Scope of Work                                                                                                                  purchase, design and construction of this
                                                               110 MMGPY                                                                           Date 06/09/06                                                                                                                   systems, per standard ICM 110 MMGPY design.
                                                                                                                                                   REV 0                                                                                                                       anks will be provided with gravel foundations.
                  EXHIBIT A - Segregation of Responsibilities and Scope of Work between SIRE and ICM                                                                                                                                                                            Cathodic protection is not included in base
--------------------------------------------------------------------------------------------------------------------------------------------------------------                                                                                                                 ontract price. All secondary containment design
                  Description                     Design Basis    Estimate         Design      Construction                      Comments                                                                                                                                              and installation including any required
--------------------------------------------------------------------------------------------------------------------------------------------------------------
          Fire Detection and Alarm Systems.     Southwest     Southwest      Southwest   Southwest          Southwest Iowa  Renewable is  responsible  for
                                                 Iowa           Iowa          Iowa         Iowa             the diesel  fire water pump  station  and heat                                                   Southwest Iowa Renewable is responsible for the
                                                Renewable     Renewable      Renewable   Renewable          and smoke  detection in the MCC's per standard                                                   diesel fire water pump station and heat and
                                                                                                            ICM  design.   Southwest   Iowa  Renewable  is
                                                                                                            responsible for the design and installation of
                                                                                                            the  fire  water   loop,   valves,   hydrants,
                                                                                                            monitors,   deluge  requirements,   foam  etc.
                                                                                                            required to meet the local fire  marshal's and
                                                                                                            ICM  insurance   requirements.   This  is  not
                                                                                                            included in ICM base contract price. Southwest
                                                                                                            Iowa  Renewable  will  contract  with  ICM  to
                                                                                                            complete work at cost plus *%.
-----------------------------------------------------------------------------------------------------------------------------------------------------------
                    Water Treatment              Southwest     Southwest      Southwest      Southwest      Southwest  Iowa  Renewable  will  provide  and
                                                  Iowa           Iowa          Iowa            Iowa         install water treatment equipment or RO system
                                                 Renewable     Renewable      Renewable      Renewable      per standard ICM design.  Any additional water
                                                                                                            treatment  equipment required will be designed
                                                                                                            and  installed by ICM at cost plus *% billable
                                                                                                            to Southwest Iowa Renewable
--------------------------------------------------------------------------------------------------------------------------------------------------------------
              Chemical Injection Systems               ICM            ICM          ICM              IGM     ICM is  responsible  for all  elements  of the
                                                                                                            design and construction of these systems.  Per
                                                                                                            standard ICM 110 MMGPY  design.  Chemicals are
                                                                                                            the responsibility of Southwest Iowa Renewable
--------------------------------------------------------------------------------------------------------------------------------------------------------------
                   CO2 Scrubber System                 ICM            ICM          ICM              ICM     ICM is  responsible  for the CO2  Scrubber.  A
                                                                                                            tie- in  point  for the  discharge  of the CO2
                                                                                                            stream  to  any   future  CO2  plant  will  be
                                                                                                            provided in the general area of the  scrubber.
                                                                                                            Exact location of tie-in point to be specified
                                                                                                            by ICM. CO2 transfer  blower from  scrubber to
                                                                                                            CO2  plant,  knock  out  condenser,  controls,
                                                                                                            purge scrubber,  and associated  piping is the
                                                                                                            responsibility  of Southwest  Iowa  Renewable.
--------------------------------------------------------------------------------------------------------------------------------------------------------------

     Southwest Iowa Renewable Energy                                   Sheet 11 of 12



                                                                                                                                                                                  Product Storage Section               ICM             ICM           ICM             ICM
                                                                                                                                                                                                                                                                                 ICM is responsible for all elements of the
                                                               Southwest Iowa Renewable                        Segregation of Responsibilities and Scope of Work                                                                                                                  purchase, design and construction of this
                                                               110 MMGPY                                                                           Date 06/09/06                                                                                                                   systems, per standard ICM 110 MMGPY design.
                                                                                                                                                   REV 0                                                                                                                       anks will be provided with gravel foundations.
                  EXHIBIT A - Segregation of Responsibilities and Scope of Work between SIRE and ICM                                                                                                                                                                            Cathodic protection is not included in base
--------------------------------------------------------------------------------------------------------------------------------------------------------------                                                                                                                 ontract price. All secondary containment design
                  Description                     Design Basis    Estimate         Design      Construction                      Comments                                                                                                                                              and installation including any required
--------------------------------------------------------------------------------------------------------------------------------------------------------------
         Emissions and discharge monitoring        Southwest      Southwest      Southwest      Southwest   Southwest Iowa  Renewable Is  responsible  for
                      equipment                      Iowa           Iowa           Iowa           Iowa      providing   and    installing   all   required
                                                   Renewable      Renewable      Renewable      Renewable   emissions and discharge monitoring equipment.
-------------------------------------------------------------------------------------------------------------------------------------------------------------



     Southwest Iowa Renewable Energy                                   Sheet 12 of 12

*OMITTED  PURSUANT TO A REQUEST FOR CONFIDENTIAL  TREATMENT WHICH HAS BEEN FILED
SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.