This shall constitute Amendment No. 1 to that certain Employment Agreement (the “Employment Agreement”),
dated as of August 18, 2006, by and between ALL Energy Company, a Delaware corporation (“Employer”),
and Dean Sukowatey (“Employee”), pursuant to which Employee agreed to serve as president of Employer.
The Employment Agreement is hereby amended, as follows:
1. Exhibit III(A), Statement of Compensation, is deleted in its entirety and replaced with the following:
“Salary. Employee shall be paid as and for a salary the sum of $240,000 per year, net of lawful and required
withholding, which salary shall begin to accrue immediately upon the mutual execution of the Employment
Agreement to which this Exhibit III(A) relates; provided, however, that no amount of Employee’s accrued salary
shall be paid unless and until Employer shall have obtained not less than $1,300,000 pursuant to Employer’s
proposed private offering.
Notwithstanding the foregoing paragraph to the contrary, for the year 2007, Employee shall be paid his salary
as follows:
$120,000 of such salary shall be paid on January 2, 2007, and the balance of such salary, $120,000, shall be
paid in equal installments during the remainder of 2007.
Moving Allowance. Employee shall be paid a one-time moving allowance of $15,000, upon Employer’s receipt
of Employee’s written notice of his intent to move his residence to an appropriate location in the State of Iowa.
Insurance and Other Benefits. As further consideration for his covenants contained in the Employment
Agreement to which this Exhibit III(A) relates, Employer will provide Employee with such insurance, welfare,
sick leave and other benefits as may be established by Employer from time to time with respect to its employees
in accordance with Employer’s established procedures. Employee shall be entitled to Directors’ and Officers’
indemnification insurance coverage to the same extent as is provided to other persons employed as officers of
Employer.
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