0001144204-08-054266 Sample Contracts

STATE OF NORTH CAROLINA OPTION TO PURCHASE
East Coast Ethanol, LLC • September 24th, 2008 • Industrial organic chemicals

THIS OPTION TO PURCHASE is made and entered into this the 6th day of July August, 2008, by and between Mr. C.R. Daniel, Jr. and spouse Mrs. Patsy S. Daniel, hereinafter referred to as "Seller(s)"; and East Coast Ethanol, LLC, hereinafter referred to as "Buyer(s)".

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STATE OF NORTH CAROLINA OPTION TO PURCHASE
East Coast Ethanol, LLC • September 24th, 2008 • Industrial organic chemicals

THIS OPTION TO PURCHASE is made and entered into this the 6 day of August, 2008, by and between Samuel P. Stephenson, unmarried c/o Joel Stephenson, Attorney in Fact, whose address is PO Box 95 Seaboard, NC 27876, hereinafter referred to as "Seller(s)"; and East Coast Ethanol, LLC, hereinafter referred to as "Buyer(s)".

FIRST AMENDMENT TO PROJECT DEVELOPMENT AND CONSULTING AGREEMENT
Project Development and Consulting Agreement • September 24th, 2008 • East Coast Ethanol, LLC • Industrial organic chemicals

THIS FIRST AMENDMENT TO PROJECT DEVELOPMENT AND CONSULTING AGREEMENT (the “Amendment”) is executed effective as of September 1, 2008 (“Effective Date”), and is incorporated in and amends that certain Project Development and Consulting Agreement dated September 1, 2007 (the “Agreement”), between KEITH PARRISH, an individual (“Parrish”), and EAST COAST ETHANOL, a Delaware limited liability company (the “Company”).

ADDENDUM TO PLACEMENT AGENT AGREEMENT
Placement Agent Agreement • September 24th, 2008 • East Coast Ethanol, LLC • Industrial organic chemicals

This Addendum to Placement Agent Agreement (the "Addendum") is made this 22nd day of September 2008 by and between East Coast Ethanol, LLC, a Delaware limited liability company having an address of 1907 Thurmond Mall, Columbia, SC 29202 (the "Company") and Thomas Securities LLC, a Delaware limited liability company (d.b.a. Thomas Group Capital)(the "Placement Agent").

ESCROW AGREEMENT
Escrow Agreement • September 24th, 2008 • East Coast Ethanol, LLC • Industrial organic chemicals • South Carolina

THIS ESCROW AGREEMENT (this “Agreement”) made and entered into this 19th day of September, 2008, by and among BB and T Corporation, a federally-insured deposit organization located at Columbia, South Carolina (hereinafter referred to as “Escrow Agent”) and East Coast Ethanol, LLC, a Delaware limited liability company (hereinafter referred to as “Escrower”).

EAST COAST ETHANOL, LLC FORM OF SUBSCRIPTION AGREEMENT (for North Carolina, Maryland and Virginia investors only) Limited Liability Company Membership Units $15,000 per Unit Minimum Investment of 1 Unit ($15,000) 1/3 Unit Increments Thereafter ($5,000)
Operating Agreement • September 24th, 2008 • East Coast Ethanol, LLC • Industrial organic chemicals

The undersigned subscriber ("Subscriber"), desiring to become a member of East Coast Ethanol, LLC (“East Coast”), a Delaware limited liability company, with its principal place of business at 1907 Thurmond Mall Post Office Box 2226, Columbia, South Carolina 29202 hereby subscribes for the purchase of membership units of East Coast, and agrees to pay the related purchase price, identified below.

FIRST AMENDMENT TO PROJECT DEVELOPMENT AND CONSULTING AGREEMENT
Project Development and Consulting Agreement • September 24th, 2008 • East Coast Ethanol, LLC • Industrial organic chemicals

THIS FIRST AMENDMENT TO PROJECT DEVELOPMENT AND CONSULTING AGREEMENT (the “Amendment”) is executed effective as of September 1, 2008 (“Effective Date”), and is incorporated in and amends that certain Project Development and Consulting Agreement dated September 1, 2007 (the “Agreement”), between DR. RANDY HUDSON, an individual (“Hudson”), and EAST COAST ETHANOL, a Delaware limited liability company (the “Company”).

FIRST AMENDMENT TO PROJECT DEVELOPMENT AND CONSULTING AGREEMENT
Project Development and Consulting Agreement • September 24th, 2008 • East Coast Ethanol, LLC • Industrial organic chemicals

THIS FIRST AMENDMENT TO PROJECT DEVELOPMENT AND CONSULTING AGREEMENT (the “Amendment”) is executed effective as of September 1, 2008 (“Effective Date of the First Amendment”), and is incorporated in and amends that certain Project Development and Consulting Agreement dated September 1, 2007 (the “Agreement”), between JOHN F. LONG, an individual (“Long”), and EAST COAST ETHANOL, a Delaware limited liability company (the “Company”).

FIRST AMENDMENT TO PROJECT DEVELOPMENT AND CONSULTING AGREEMENT
Project Development and Consulting Agreement • September 24th, 2008 • East Coast Ethanol, LLC • Industrial organic chemicals

THIS FIRST AMENDMENT TO PROJECT DEVELOPMENT AND CONSULTING AGREEMENT (the “Amendment”) is executed effective as of September 1, 2008 (“Effective Date”), and is incorporated in and amends that certain Project Development and Consulting Agreement dated September 1, 2007 (the “Agreement”), between LEE HATCH, an individual (“Hatch”), and EAST COAST ETHANOL, a Delaware limited liability company (the “Company”).

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