Exhibit 10.8
EMPLOYMENT AGREEMENT
This Employment Agreement is made this 18th day of December, 2000 by
and between Great Plains Ethanol, LLC, a South Dakota limited liability company
("Great Plains") and Xxxxx Xxxxxx (the "Employee"):
1. EMPLOYMENT. Great Plains employs Employee as its full-time Chief
Executive Officer and Chief Financial Officer and the Employee accepts such
employment, commencing on December 1, 2000 upon the terms and conditions of this
Agreement.
2. DUTIES AND SUPERVISION. Employee shall devote his full-time best
efforts to performing his duties, as described in Great Plains' Operating
Agreement, as Chief Executive Officer and Chief Financial Officer and shall
report to Great Plains' Board of Managers (the "Board").
3. COMPENSATION. In consideration of the services rendered by Employee
under this Agreement, Great Plains shall pay Employee a monthly salary of
$3,000.00, shall be payable on the first day of the month, beginning in
December. If the first day of the month falls on a Saturday, Sunday or holiday,
Employee shall be paid on the following business day.
4. BENEFITS. Great Plains does not now provide Employee with health,
dental, life, disability or other benefits but Employee shall be entitled to
participate in all benefit plans adopted by the Board.
5. EXPENSES. Great Plains's Board shall have the authority to review
Employee's reimbursement requests. Any mileage reimbursements shall be at the
then current rate set by the IRS.
6. TERMINATION. Employment shall be at will. Employee and Great Plains
shall give each to the other no less than sixty (60) days prior notice of
termination.
7. JURISDICTION. This Agreement has been executed in South Dakota and
shall be governed by the laws of the State of South Dakota. The parties consent
to the jurisdiction of the courts of the State of South Dakota and agree that
any action arising out of or to enforce this Agreement must be brought and
maintained in South Dakota.
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GREAT PLAINS ETHANOL, LLC
By /s/ Xxxxxx Xxxxx
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President of the Board of Managers
/s/ Xxxxx Xxxxxx
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Xxxxx Xxxxxx
