FIRST UNITED ETHANOL, LLC. NON-QUALIFIED MEMBERSHIP UNIT OPTION AGREEMENTNon-Qualified Membership Unit Option Agreement • December 28th, 2007 • First United Ethanol LLC • Industrial organic chemicals • Georgia
Contract Type FiledDecember 28th, 2007 Company Industry JurisdictionMEMBERSHIP UNIT OPTION for a total of Membership Units, representing one percent (1%) of the outstanding Membership Units, measured as of the close of the federally registered offering of Membership Units on Form SB-2, of First United Ethanol, LLC (the “Company”) is by this Membership Unit Option Agreement and Grant Notice (the “Agreement”) hereby granted to Anthony Flagg (the “Optionee”) subject in all respects to the terms and provisions of the First United Ethanol, LLC Membership Unit Option Plan (the “Plan”), dated April 11, 2007, which has been adopted by the Company and is incorporated herein by reference.
FIRST UNITED ETHANOL, LLC. NON-QUALIFIED MEMBERSHIP UNIT OPTION AGREEMENTNon-Qualified Membership Unit Option Agreement • December 28th, 2007 • First United Ethanol LLC • Industrial organic chemicals • Georgia
Contract Type FiledDecember 28th, 2007 Company Industry JurisdictionMEMBERSHIP UNIT OPTION for a total of Membership Units, representing one percent (1%) of the outstanding Membership Units, measured as of the close of the federally registered offering of Membership Units on Form SB-2, of First United Ethanol, LLC (the “Company”) is by this Membership Unit Option Agreement and Grant Notice (the “Agreement”) hereby granted to Anthony Flagg (the “Optionee”) subject in all respects to the terms and provisions of the First United Ethanol, LLC Membership Unit Option Plan (the “Plan”), dated April 11, 2007, which has been adopted by the Company and is incorporated herein by reference.