0000950123-11-046738 Sample Contracts

ASSIGNMENT
Assignment • May 6th, 2011 • Alon Israel Oil Company, Ltd. • Crude petroleum & natural gas

Reference is made to the Loan Agreement, dated as of February 21, 2011 (the “Loan Agreement”), between Alon Brands, Inc. (the “Company”) and Alon Israel Oil Company, Ltd. (“Alon Israel”), the Warrant Agreement, dated as of March 14, 2011 (the “Warrant Agreement” and together with the Loan Agreement, the “Agreements”), among the Company, Alon Israel and Alon USA Energy, Inc. (“Alon USA”), the Note (as defined in the Loan Agreement) and the Warrants (as defined in the Warrant Agreement).

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