0001015402-03-000791 Sample Contracts

WITNESETH
Employee Contract • March 21st, 2003 • Penn Octane Corp • Wholesale-petroleum & petroleum products (no bulk stations) • California
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BILL OF SALE
Bill of Sale • March 21st, 2003 • Penn Octane Corp • Wholesale-petroleum & petroleum products (no bulk stations)

For good and valuable consideration, B&A ECO-HOLDINGS, INC., a Delaware corporation, ("Seller") hereby sells and transfers to PENN OCTANE CORPORATION, a Delaware corporation, ("Buyer") the equipment set forth on the attached SCHEDULE I, which is incorporated herein by this reference, on the terms and conditions of that Equipment Acquisition Agreement dated October 18, 2002.

AGREEMENT --------- SECTION 1. SALE OF EQUIPMENT -----------------
Equipment Acquisition Agreement • March 21st, 2003 • Penn Octane Corp • Wholesale-petroleum & petroleum products (no bulk stations) • California
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