PRODUCT SALES AGREEMENT

Exhibit 10.14

Quadra Energy Trading Inc .

PRODUCT SALES AGREEMENT — REVISION

Lincolnway Energy LLC agrees to purchase and Quadra Energy Trading Inc. agrees to sell the quantity of product pursuant to the terms set out below and the general terms and conditions attached hereto.

If you do not agree to these terms, please contact us.

Quadra Energy Trading Inc.

PRODUCT SALES AGREEMENT

Lincolnway Energy LLC agrees to purchase and Quadra Energy Trading Inc. agrees to sell the quantity of product pursuant to the terms set out below and the general terms and conditions attached hereto.

DELIVERY SCHEDULE: (USG)             25%

If you do not agree to these terms, please contact us.

Accepted and Agreed to this day by;

TERMS AND CONDITIONS

1. TITLE

Seller warrants that at the time of transfer of title to product sold hereunder, it will have good title to and/or the full fight and authority to sell such Product free and clear of all liens, claims and encumbrances whatsoever except to the extent of taxes, duties and charges for which Buyer is responsible pursuant to the other provision thereof.

Title to Product shall transfer to Buyer at the Delivery Point. In the event of an inventory transfer, delivery and title transfer shall occur on the date the storage operator records the transfer. If the Delivery Point is at the point of supply, delivery and title transfer shall be effective following delivery of the loaded tank car to the railroad or as Product is motored into a tank truck or pipeline. If the Delivery Point is at a destination other than the point of supply, delivery and title transfer shall occur at the outlet flange of the tank truck upon off-loading of Product and in the event of transport by tank car delivery and title transfer shall occur upon constructive placement of the tank car. In the event of transport by pipeline, delivery and title transfer shall occur as Product is motored into connecting storage or transport.

Following the transfer of title, Buyer shall bear all risk in respect of the Product, including without limitation, its transportation, handling and care.

2. TRANSPORTATION, DETENTION AND DEMURRAGE

When Seller is responsible for transportation of Product hereunder, it may from time to time change the mode of transportation specified on the face hereof.

Where Buyer provides equipment for the transportation of Product, the equipment shall be in a safe, clean, and suitable condition for loading and unloading. Such equipment and the shipment of Product shall be in compliance with all applicable laws, regulations, rules and orders of any legislative body or duty constituted authority including, without restriction the generality of the foregoing, Transportation of Dangerous Goods Act (Canada) and regulations thereunder and Title 49 of the Federal Regulations (CFR 49) subtitle E, Chapter 1, Subchapter C, Parts 171-180 (USA), and all amendments thereof.

When Buyer provides tank trucks for transportation of Product delivered at the point of supply, Buyer’s carrier and drivers must be acceptable to the operator of the loading facility, and comply with the operator’s loading and safety procedures. Each of the Buyer’s carriers shall be required to maintain comprehensive general liability insurance covering carriers liability for bodily injury and property damage with limits of not less than five million dollars for any one occurrence and automobile liability insurance covering all trucking equipment used in connection with this Contacts with limits of not less than five million dollars for any one occurrence.

If Seller deliver product to Buyer using tank cars. Seller’s tank cars shall not be diverted by Buyer except with Seller’s prior written consent. All diversion charges and additional freight charges resulting from such diversion shall be for the account of Buyer.

Sellers’ tank cars must be unloaded and returned to the railroad within the 7-day period that begins at 7.00 a.m. following arrival at destination, otherwise a detention charge will be made by Seller for each additional day that cars are detained. The aforesaid charge shall be $50.00 per day the tank car is detained. In addition, Buyer shall be responsible for all demurrage charges assessed by the railroad, for delayed offloading.

3. PRICES

Where the price of Product is based on posted prices:

(a) Seller may from time to time give notice to the Buyer of a price change for Product to be sold. The new price shall be affective 24 hours after receipt by Buyer of the new price notice.

(b) The Buyer receiving such notice shall within 48 hours after receipt by Buyer of the notice elect in writing either to accept or reject the new price. Failure to elect as aforesaid shall be deemed an election to accept the new price. If Buyer rejects the new price, it shall not be obligated to take Product hereunder until a new price is mutually agreed upon. If there is no such mutual agreement between Buyer and Seller the price shall be the price in effect as at the date of shipment from the supply point as set forth in the notice pursuant to paragraph 3(a) hereof.

4. DELIVERY

Product shall be del