0001144204-07-043618 Sample Contracts

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • August 14th, 2007 • Pure Biofuels Corp • Industrial organic chemicals • New Jersey

THIS SECURITIES PURCHASE AGREEMENT (this “Agreement”), dated as of April 19, 2007, by and among PURE BIOFUELS CORP., a Nevada corporation (the “Company”), and the Buyers listed on Schedule I attached hereto (individually, a “Buyer” or collectively “Buyers”).

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REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • August 14th, 2007 • Pure Biofuels Corp • Industrial organic chemicals • New Jersey

THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of April 19, 2007, by and among PURE BIOFUELS CORP., a Nevada corporation (the “Company”), and the undersigned Buyers listed on Schedule I attached hereto (each, a “Buyer” and collectively, the “Buyers”).

SECURITY AGREEMENT
Security Agreement • August 14th, 2007 • Pure Biofuels Corp • Industrial organic chemicals • New Jersey

THIS SECURITY AGREEMENT (the “Agreement”), is entered into and made effective as of April 19, 2007, by and between PURE BIOFUELS CORPORATION, a Nevada corporation with its principal place of business located at 9440 Little Santa Monica Blvd., Suite 400, Beverly Hills, CA 90210 (the “Parent”), and the each subsidiary of the Parent listed on Schedule I attached hereto (each a “Subsidiary,” and collectively and together with the Parent, the “Company”), in favor of the BUYER(S) (the “Secured Party”) listed on Schedule I attached to the Securities Purchase Agreement (the “Securities Purchase Agreement”) dated the date hereof between the Company and the Secured Party.

FINANCING CONTINGENCY ESCROW AGREEMENT
Financing Contingency Escrow Agreement • August 14th, 2007 • Pure Biofuels Corp • Industrial organic chemicals • Colorado

PURE BIOFUELS CORP., a Nevada corporation with an address at Suite 203 - 910 Richards Street Vancouver, British Columbia Canada V6B 3C1

EMPLOYMENT AGREEMENT
Employment Agreement • August 14th, 2007 • Pure Biofuels Corp • Industrial organic chemicals • California

EMPLOYMENT AGREEMENT, dated as of June 22, 2007, and effective as of May 11, 2007 (this “Agreement”), by and between STEVEN S. MAGAMI, an individual residing in Los Angeles, California (the “Employee”), and PURE BIOFUELS CORP., a Nevada corporation (the “Company”).

ESCROW AGREEMENT
Escrow Agreement • August 14th, 2007 • Pure Biofuels Corp • Industrial organic chemicals • Colorado

Cornell Capital Partners, L.P., a Cayman Islands limited partnership with an address at 101 Hudson Street, Suite 3700, Jersey City, NJ 07303.

PLEDGE AGREEMENT
Pledge Agreement • August 14th, 2007 • Pure Biofuels Corp • Industrial organic chemicals • New Jersey

PLEDGE AGREEMENT (the “Agreement”) dated April 19, 2007 made by each of the undersigned (each a “Pledgor”, and collectively, the “Pledgors”), in favor of each Buyer listed on signature pages attached hereto (individually, a “Buyer” or collectively “Buyers”).

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