0001362310-07-000918 Sample Contracts

Memorandum of Understanding (MOU)
Victory Renewable Fuels LLC • May 24th, 2007 • Industrial organic chemicals

This memorandum of understanding is between Victory Renewable Fuels, LLC (Owner) of Lester Iowa, USA and the investment groups of Clean Energy Investment I and Clean & Green Energy Investment of Madrid, Spain (Investors). The Investors are represented IDOM, S.A. a Spanish corporation serving as technical advisors, and they have Morgan Stanley as financial advisor.

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