ESCROW AGREEMENTEscrow Agreement • August 7th, 2006 • Agassiz Energy, LLC • Industrial organic chemicals • Minnesota
This Escrow Agreement (the “Agreement”) dated as of , 2006 is by and between Agassiz Energy, LLC, a Minnesota limited liability company (the “Company”) and Bremer Bank, N.A. (the “Escrow Agent”), (the “Escrow Agent” and the “Company” may also be hereinafter referred to as the “Parties”).
LICENSE AGREEMENTLicense Agreement • August 7th, 2006 • Agassiz Energy, LLC • Industrial organic chemicals • Minnesota
THIS AGREEMENT, effective as of the 1st day of May, 2006 by and between VOGELBUSCH U.S.A., INC., a corporation duly organized and existing under the laws of the State of Texas, with its principal place of business at 10810 Old Katy Road, Suite 107; Houston, Texas 77043, United States of America (hereinafter referred to as LICENSOR) and AGASSIZ ENERGY LLC., a limited liability corporation duly organized and existing under the laws of the State of MINNESOTA and having its principal place of business at 510 County Road 71 Valley Technology Park, Crookston, MN 56716 (hereinafter referred to as LICENSEE);
AGASSIZ ENERGY, LLC SUBSCRIPTION AGREEMENT Limited Liability Company Membership Units $1.00 per Unit Minimum Investment of 20,000 Units ($20,000), Subject to Waiver 5,000 Unit Increments Thereafter ($5,000)Subscription Agreement • August 7th, 2006 • Agassiz Energy, LLC • Industrial organic chemicals
The undersigned subscriber, desiring to become a member of Agassiz Energy, LLC (“Agassiz Energy”), a Minnesota limited liability company, with its principal place of business at 510 County Road 71, Valley Technology Park, Crookston, Minnesota 56716, hereby subscribes for the purchase of the membership interests of Agassiz Energy, and agrees to pay the related purchase price, identified below.
PROCESS GUARANTEEProcess Guarantee • August 7th, 2006 • Agassiz Energy, LLC • Industrial organic chemicals
THIS AGREEMENT, effective as of the 1st day of May, 2006 by and between VOGELBUSCH U.S.A., INC., a corporation duly organized and existing under the laws of the State of Texas, with its principal place of business at 10810 Old Katy Road, Suite 107; Houston, Texas 77043; United States of America (hereinafter referred to as “LICENSOR”), and AGASSIZ ENERGY LLC., a corporation duly organized and existing under the laws of the State of Minnesota, having its principal place of business at 510 County Road 71 Valley Technology Park Crookston, MN 56716 (hereinafter referred to as “LICENSEE”).
OPTION TO PURCHASE REAL PROPERTYAgassiz Energy, LLC • August 7th, 2006 • Industrial organic chemicals • Minnesota
IN CONSIDERATION of the sum of One Hundred Thousand Dollars ($100,000) ($25,000 payable on the execution of this Option Agreement and $75,000 payable on or before November 15, 2006), paid to Richard Scott Carroll and D’wana Jean Carroll, husband and wife, hereinafter referred to as “Sellers,” receipt of said $25,000 is hereby acknowledged, Sellers give and grant to Agassiz Energy, LLC, a Minnesota limited liability company, hereinafter referred to as “Purchaser,” and Purchaser’s successors and assigns, the exclusive option to purchase the real property of Sellers situated in the County of Polk, State of Minnesota, particularly described as:
