0001144204-06-023530 Sample Contracts

Organizational Agreement, dated as of May 30, 2006, by and between Xethanol Corporation, a Delaware corporation, Coastal Energy Development, Inc., a Georgia corporation. ORGANIZATIONAL AGREEMENT
Organizational Agreement • June 2nd, 2006 • Xethanol Corp • Structural clay products • New York

This Organizational Agreement is made as of the 30th day of May, 2006 by and among Xethanol Corporation, a Delaware corporation with an address at 1185 Avenue of the Americas, 20th Floor, New York, NY 10036 ("Xethanol"), Coastal Energy Development, Inc., a Georgia corporation with an address at 2 East Bryan Street, Suite 610, Savannah, Georgia 31401 (“CED”) and CoastalXethanol, LLC, a Delaware limited liability company with an address at 2 East Bryan Street, Suite 610, Savannah, Georgia 31401(“CX”).

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Operating Agreement dated as of May 30, 2006, by and between Xethanol Corporation and the Coastal Energy Development, Inc. OPERATING AGREEMENT OF COASTALXETHANOL, LLC Dated as of May 30, 2006
Operating Agreement • June 2nd, 2006 • Xethanol Corp • Structural clay products

THIS OPERATING AGREEMENT is entered into and shall be effective as of May 30, 2006, by and between Xethanol Corporation, a Delaware Corporation and Coastal Energy Development, Inc., a Georgia Corporation.

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