0001011240-07-000026 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • September 10th, 2007 • CleanTech Biofuels, Inc. • Missouri

This EMPLOYMENT AGREEMENT is made and entered into as of the date last written below, between CLEANTECH BIOFUELS, INC., a Delaware corporation (the “Company”), and Edward P. Hennessey, Jr. (the “Employee”).

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STOCK OPTION AGREEMENT
Stock Option Agreement • September 10th, 2007 • CleanTech Biofuels, Inc. • Missouri

THIS AGREEMENT is made and entered into as of the date last below written by and between CleanTech Biofuels, Inc., a Delaware corporation (the “Company”), and _________________ (the “Optionee”).

SRS ENERGY, INC. SERIES A DEBENTURE PURCHASE AGREEMENT
Series a Debenture Purchase Agreement • September 10th, 2007 • CleanTech Biofuels, Inc. • Missouri

THIS SERIES A DEBENTURE PURCHASE AGREEMENT is made as of the 20th day of March, 2007, by and among SRS Energy, Inc., a Delaware corporation (the "Company"), and the investors severally and not jointly listed on Schedule A hereto, each of which is herein referred to as an "Investor."

Consulting Fee Agreement
Consulting Fee Agreement • September 10th, 2007 • CleanTech Biofuels, Inc.

WHEREAS the Company is desirous of engaging the services of the Consultant to provide services in accordance with the terms of this Agreement.

BRELSFORD ENGINEERING, INC.
Exclusive License Agreement • September 10th, 2007 • CleanTech Biofuels, Inc.
TECHNOLOGY LICENSE AGREEMENT
Technology License Agreement • September 10th, 2007 • CleanTech Biofuels, Inc. • Alabama

This Technology License Agreement (the “Agreement”) is made and entered into March 8, 2007 between S-R-S Energy, Inc., a Company incorporated under the laws of the State of Delaware (“SRS” or the “Licensor”), and Bio-Products International, Inc. (“Bio-Products” or the “Licensee”), a Company incorporated under the laws of the State of Alabama. The Licensor and Licensee may hereinafter be either individually referred to as the “Party” or collectively referred to as the “Parties”.

CLIENT AGREEMENT FOR PROFESSIONAL SERVICES Between Merrick & Company and Alternative Ethanol Technologies, Inc.
Professional Services • September 10th, 2007 • CleanTech Biofuels, Inc. • Colorado

This Client Agreement for Professional Services (“Agreement”) is made by and between Merrick & Company, a Colorado corporation (“Merrick”) and Alternative Ethanol Technologies Inc., a Delaware corporation (“Client”) and its permitted assigns.

TECHNOLOGY LICENSE AGREEMENT
Technology License Agreement • September 10th, 2007 • CleanTech Biofuels, Inc. • Alabama

This Technology License Agreement (the “Agreement”) is made and entered into 8/17 , 2005 between Bio-Products International, Inc. (“Bio-Products”), a Company incorporated under the laws of the State of Alabama (the “Licenser), and SRS Energy, Inc., a Company incorporated under the laws of the State of Delaware (the “Licensee”). The Licensor and Licensee may hereinafter be either individually referred to as the “Party” or collectively referred to as the “Parties”.

SERIES A CONVERTIBLE DEBENTURE DUE APRIL 16, 2010
Convertible Security Agreement • September 10th, 2007 • CleanTech Biofuels, Inc. • Delaware

THIS SERIES A CONVERTIBLE DEBENTURE is one of a series of duly authorized and validly issued convertible debentures of SRS Energy, Inc., a Delaware corporation (the “Company”), designated as its Series A Convertible Debenture, due April 16, 2010 (this debenture, the “Debenture” and collectively with the other such series of debentures, the “Debentures”).

INVESTORS' RIGHTS AGREEMENT
Investors' Rights Agreement • September 10th, 2007 • CleanTech Biofuels, Inc. • Missouri

THIS INVESTORS' RIGHTS AGREEMENT is made as of the 10th day of April, 2007, by and among SRS Energy, Inc., a Delaware corporation (the "Company"), and the parties listed on Schedule A hereto each of which such parties is herein referred to as a "Holder."

AMENDMENT TO EXCLUSIVE LICENSING AGREEMENT Extension of Trial Period
Exclusive Licensing Agreement • September 10th, 2007 • CleanTech Biofuels, Inc.

This Agreement is made January l1th, 2006 by and between Brelsford Engineering, a Montana corporation, whose operating office is located at 8655 Bridger Canyon Road, Bozeman, MT 59715 (hereinafter the “LICENSOR”) and SRS Energy, Inc., a Delaware corporation, whose operating office is located at 7320 Forsyth, Unit 102, St. Louis, MO 63105 (hereinafter the “LICENSEE”).

DIRECTORS STOCK PURCHASE AGREEMENT
Directors Stock Purchase Agreement • September 10th, 2007 • CleanTech Biofuels, Inc. • Missouri
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