0000912057-02-039418 Sample Contracts

EXHIBIT 10.3 [Shiel Sexton Letterhead] June 24, 2002 Mr. Keith Gibson General Manager IBEC 6317 East 181st Street Hebron, IN 46341 RE: LETTER OF INTENT - IBEC CORN ETHANOL PLANT Dear Keith: We are issuing this letter of intent to confirm our agreement...
Letter of Intent • October 22nd, 2002 • Iroquois Bio Energy Co LLC

We are issuing this letter of intent to confirm our agreement regarding work to be performed by the Project Team of Shiel Sexton Company, Inc., Dilling Mechanical and Gaylor Electric, and relating to the design and construction of a corn ethanol plant, based upon Katzen International Inc.'s proprietary ethanol technology, pending execution of a written construction contract between Iroquois Bio-Energy Company, LLC as Owner, and Shiel Sexton as Design/Builder.

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CONTRACT FOR SALE OF REAL ESTATE SECTION I PARTIES
Contract for Sale of Real Estate • October 22nd, 2002 • Iroquois Bio Energy Co LLC • Indiana
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