Common use of Tax Credit Allocations Clause in Contracts

Tax Credit Allocations. All credits against income tax with respect to the Company’s property or operations shall be allocated among the Members in accordance with their respective membership interests in the Company for the Fiscal Year during which the expenditure, production, sale, or other event giving rise to the credit occurs. This Section 5.11 is intended to comply with the applicable tax credit allocation principles of section 1.704-1(b)(4)(ii) of the Regulations and shall be interpreted consistently therewith. EXHIBIT A TO THE SIXTH AMENDED AND RESTATED OPERATING AGREEMENT OF GRANITE FALLS ENERGY, LLC The undersigned does hereby represent and warrant that the undersigned, as a condition to becoming a Member in Granite Falls Energy, LLC, has received a copy of the Sixth Amended and Restated Operating Agreement, dated March 23, 2017 (the “Agreement”), and, if applicable, all amendments and modifications thereto, and does hereby agree that the undersigned, along with the other parties to the Agreement, shall be subject to and comply with all terms and conditions of said Agreement in all respects as if the undersigned had executed said Agreement on the original date thereof and that the undersigned is and shall be bound by all of the provisions of said Agreement from and after the date of execution hereof. Individuals: ​ ​ Entities: ​ Name of Individual Member (Please Print) ​ ​ Name of Entity (Please Print) ​ Signature of Individual ​ ​ Print Name and Title of Officer ​ Name of Joint Individual Member (Please Print) ​ ​ Signature of Officer ​ Signature of Joint Individual Member ​ ​ ​ ​ Agreed and accepted on behalf of the Company and its Members: ​ ​ ​ ​ Granite Falls Energy, LLC By: Its:

Tax Credit Allocations. All credits against income tax with respect to the Company’s property or operations shall be allocated among the Members in accordance with their respective membership interests in the Company for the Fiscal Year during which the expenditure, production, sale, or other event giving rise to the credit occurs. This Section 5.11 is intended to comply with the applicable tax credit allocation principles of section 1.704-1(b)(4)(ii) of the Regulations and shall be interpreted consistently therewith. EXHIBIT A TO THE SIXTH AMENDED AND RESTATED OPERATING AGREEMENT OF GRANITE FALLS ENERGY, LLC MEMBER SIGNATURE PAGE The undersigned does hereby represent and warrant that the undersigned, as a condition to becoming a Member in Granite Falls Energy, LLC, has received a copy of the Sixth Amended and Restated Operating Agreement, dated March 23, 2017 (the “Agreement”), and, if applicable, all amendments and modifications thereto, and does hereby agree that the undersigned, along with the other parties to the Agreement, shall be subject to and comply with all terms and conditions of said Agreement in all respects as if the undersigned had executed said Agreement on the original date thereof and that the undersigned is and shall be bound by all of the provisions of said Agreement from and after the date of execution hereof. Individuals: ​ ​ Entities: ​ Name of Individual Member (Please Print) ​ ​ Name of Entity (Please Print) ​ Signature of Individual ​ ​ Print Name and Title of Officer ​ Name of Joint Individual Member (Please Print) ​ ​ Signature of Officer ​ Signature of Joint Individual Member ​ ​ ​ ​ Agreed Axxxxx and accepted on behalf of the Company and its Members: ​ ​ ​ ​ Granite Falls Energy, LLC By: Its:

Tax Credit Allocations. All credits against income tax with respect to the Company’s property or operations shall be allocated among the Members in accordance with their respective membership interests in the Company for the Fiscal Year during which the expenditure, production, sale, or other event giving rise to the credit occurs. This Section 5.11 is intended to comply with the applicable tax credit allocation principles of section 1.704-1(b)(4)(ii) of the Regulations and shall be interpreted consistently therewith. EXHIBIT A TO THE SIXTH SEVENTH AMENDED AND RESTATED OPERATING AGREEMENT OF GRANITE FALLS ENERGY, LLC The undersigned does hereby represent and warrant that the undersigned, as a condition to becoming a Member in Granite Falls Energy, LLC, has received a copy of the Sixth Seventh Amended and Restated Operating Agreement, dated March 23November 3, 2017 2022 (the “Agreement”), and, if applicable, all amendments and modifications thereto, and does hereby agree that the undersigned, along with the other parties to the Agreement, shall be subject to and comply with all terms and conditions of said Agreement in all respects as if the undersigned had executed said Agreement on the original date thereof and that the undersigned is and shall be bound by all of the provisions of said Agreement from and after the date of execution hereof. Number and Class of Units: Individuals: ​ ​ Entities: ​ Name of Individual Member (Please Print) ​ ​ Name of Entity (Please Print) ​ Signature of Individual ​ ​ Print Name and Title of Officer ​ Name of Joint Individual Member (Please Print) ​ ​ Signature of Officer ​ Signature of Joint Individual Member ​ ​ ​ ​ Agreed Xxxxxx and accepted on behalf of the Company and its MembersMember: ​ ​ ​ ​ Granite Falls Energy, LLC By: Its:

Tax Credit Allocations. All credits against income tax with respect to the Company’s property or operations shall be allocated among the Members in accordance with their respective membership interests in the Company for the Fiscal Year during which the expenditure, production, sale, or other event giving rise to the credit occurs. This Section 5.11 is intended to comply with the applicable tax credit allocation principles of section 1.704-1(b)(4)(ii) of the Regulations and shall be interpreted consistently therewith. EXHIBIT A TO THE SIXTH AMENDED AND RESTATED OPERATING AGREEMENT OF GRANITE FALLS ENERGY, LLC MEMBER SIGNATURE PAGE The undersigned does hereby represent and warrant that the undersigned, as a condition to becoming a Member in Granite Falls Energy, LLC, has received a copy of the Sixth Amended and Restated Operating Agreement, dated March 23, 2017 (the “Agreement”), and, if applicable, all amendments and modifications thereto, and does hereby agree that the undersigned, along with the other parties to the Agreement, shall be subject to and comply with all terms and conditions of said Agreement in all respects as if the undersigned had executed said Agreement on the original date thereof and that the undersigned is and shall be bound by all of the provisions of said Agreement from and after the date of execution hereof. Individuals: ​ ​ :Entities: ​ Name of Individual Member (Please Print) ​ ​ Name Print)Name of Entity (Please Print) ​ Signature of Individual ​ ​ Print IndividualPrint Name and Title of Officer ​ Name of Joint Individual Member (Please Print) ​ ​ Signature Print)Signature of Officer ​ Signature of Joint Individual Member ​ ​ ​ ​ Agreed and accepted on behalf of the Company and its Members: ​ ​ ​ ​ Granite Falls Energy, LLC By: Its:

Tax Credit Allocations. All credits against income tax with respect to the Company’s property or operations shall be allocated among the Members in accordance with their respective membership interests in the Company for the Fiscal Year during which the expenditure, production, sale, or other event giving rise to the credit occurs. This Section 5.11 is intended to comply with the applicable tax credit allocation principles of section 1.704-1(b)(4)(ii) of the Regulations and shall be interpreted consistently therewith. EXHIBIT A TO THE SIXTH AMENDED AND RESTATED OPERATING AGREEMENT OF GRANITE FALLS ENERGY, LLC MEMBER SIGNATURE PAGE The undersigned does hereby represent and warrant that the undersigned, as a condition to becoming a Member in Granite Falls Energy, LLC, has received a copy of the Sixth Amended and Restated Operating Agreement, dated March 23, 2017 (the “Agreement”), and, if applicable, all amendments and modifications thereto, and does hereby agree that the undersigned, along with the other parties to the Agreement, shall be subject to and comply with all terms and conditions of said Agreement in all respects as if the undersigned had executed said Agreement on the original date thereof and that the undersigned is and shall be bound by all of the provisions of said Agreement from and after the date of execution hereof. Individuals: ​ ​ Entities: ​ Name of Individual Member (Please Print) ​ ​ Name of Entity (Please Print) ​ Signature of Individual ​ ​ Print Name and Title of Officer ​ Name of Joint Individual Member (Please Print) ​ ​ Signature of Officer ​ Signature of Joint Individual Member ​ ​ ​ ​ Agreed and accepted on behalf of the Company and its Members: ​ ​ ​ ​ Granite Falls Energy, LLC By: Its: