December 14, 2006 William G. Langley Pacific Ethanol, Inc. Fresno, CA 93711 Dear Bill:Separation and Consulting Agreement • December 15th, 2006 • Pacific Ethanol, Inc. • Industrial organic chemicals • California
This letter sets forth the terms and conditions of the separation and consulting agreement (the “Agreement”) between Pacific Ethanol, Inc. (the “Company”) and you for your transition to retirement.
