CONSENT TO ASSIGNMENT Management and Operational Service Agreement
Exhibit 10.18
CONSENT TO ASSIGNMENT
Management and Operational Service Agreement
Management and Operational Service Agreement
This Consent to Assignment (the “Consent”) is given as of this 7 day of August,
2006, by Southern Iowa BioEnergy, LLC (“Southern Iowa BioEnergy”).
RECITALS: West Central Cooperative entered into a Management and Operational Service
Agreement dated June 20, 2006, with Southern Iowa BioEnergy providing for assistance in the
management and operation of its biodiesel facility located at Lamoni, Iowa (“Agreement”).
REG, LLC, InterWest, L.C., and West Central Cooperative joined their forces to expand upon
their biodiesel construction, management and marketing efforts by creating Renewable Energy Group,
Inc. (“REG, Inc.”) on July 31, 2006. In order to be continuing to fulfill the obligations under
the Agreement, Renewable Energy Group, Inc. would desire to confirm Southern Iowa BioEnergy’s
consent to an assignment of West Central Cooperative’s rights in the Agreement to Renewable Energy
Group, Inc.
Performance of the Agreement will continue under the same leadership and personnel, supported
by the same strategic partners as were involved previously under West Central Cooperative. By
signature hereto, Renewable Energy Group, Inc. assumes and agrees to perform and discharge all
obligations as set forth in the Agreement previously entered into by West Central Cooperative with
Southern Iowa BioEnergy.
WEST CENTRAL COOPERATIVE | RENEWABLE ENERGY GROUP, INC. | |||||||
By
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/s/ Xxxxxxx Xxxxxxxx | By | /s/ Xxxx Xxxxxxxxxx | |||||
Xxxxxxx Xxxxxxxx, CEO | Xxxx Xxxxxxxxxx, President |
CONSENT TO ASSIGNMENT
Southern Iowa BioEnergy hereby consents to the assignment of the Agreement to Renewable Energy
Group, Inc.
SOUTHERN IOWA BIOENERGY, LLC |
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By /s/ Xxxxxxx X. Xxxxxx | ||||
President (Title) | ||||