0000950137-06-001658 Sample Contracts

ESCROW AGREEMENT
Escrow Agreement • February 10th, 2006 • Southern Iowa Bioenergy LLC • Iowa

This Escrow Agreement (the “Agreement”) dated as of February 2, 2006 is by and between, Southern Iowa BioEnergy LLC, an Iowa limited liability company (the “Company”) and Great Western Bank, Omaha, Nebraska (the “Escrow Agent”), (the “Escrow Agent” and the “Company” may also be hereinafter referred to as the “Parties”).

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AMENDED AND RESTATED OPERATING AGREEMENT OF SOUTHERN IOWA BIOENERGY LLC Dated: Effective May 4, 2005
Operating Agreement • February 10th, 2006 • Southern Iowa Bioenergy LLC • Iowa

THIS AMENDED AND RESTATED OPERATING AGREEMENT (the “Agreement”) is entered into effective as of the 4th day of May, 2005, by and among Southern Iowa BioEnergy LLC, an Iowa limited liability company (the “Company”), each of the Persons identified as Members on attached Exhibit “A,” and any other Persons that may from time-to-time be subsequently admitted as Members of the Company in accordance with the terms of this Agreement. Capitalized terms used but not otherwise defined herein shall have the meaning set forth in Section 1.10.

REAL ESTATE CONTRACT
Real Estate Contract • February 10th, 2006 • Southern Iowa Bioenergy LLC

IT IS AGREED between Fonda Brodsack, a widow and single person, (“Seller”), and Southern Iowa BioEnergy, LLC, by J.R. Cornett, Second Vice-President, (‘Buyer”).

Agreement for Phase I Services and Statement of Intent between Southern Iowa Bio-Energy, LLC and Renewable Energy Group, LLC
Agreement for Phase I Services and Statement of Intent • February 10th, 2006 • Southern Iowa Bioenergy LLC

WHEREAS, Southern Iowa Bio-Energy, LLC (“SIBE”) has made a commitment to develop a Biodiesel Plant and is diligently developing a business plan that will move this project forward, and will be able to select the vendor to complete the business plan that will move this project forward, and

LEASE-BUSINESS PROPERTY — SHORT FORM
Lease Agreement • February 10th, 2006 • Southern Iowa Bioenergy LLC

THIS AGREEMENT, made and entered into this 15th day of September, 2005, by and between Robert D. Pierce and Greta M. Pierce, husband and wife

SOUTHERN IOWA BIOENERGY LLC SUBSCRIPTION AGREEMENT Limited Liability Company Membership Units $1,000.00 per Unit Minimum Investment of 20 Units ($20,000) 1 Unit Increments Thereafter ($1,000)
Subscription Agreement • February 10th, 2006 • Southern Iowa Bioenergy LLC

The undersigned subscriber (hereafter sometimes referred to as “you” or the “Subscriber”), desiring to become a member of Southern Iowa BioEnergy LLC, an Iowa limited liability company, with its principal place of business at 115 South Linden Street, Lamoni, Iowa (hereafter sometimes referred to as “we” or “SIBE”), hereby subscribes for the purchase of the membership units of SIBE and agrees to pay the related purchase price identified below.

OPTION AGREEMENT
Option Agreement • February 10th, 2006 • Southern Iowa Bioenergy LLC • Iowa

THIS OPTION AGREEMENT (this “Agreement”) is effective as of Nov. 8 , 2005, between GRACELAND UNIVERSITY, an Iowa Non-Profit Corporation (“Seller”), and SOUTHERN IOWA BIOENERGY, LLC, and Iowa limited liability corporation (“Buyer”).

Agreement for Phase 2 Services and Statement of intent between Southern Iowa BioEnergy, LLC and Renewable energy Group, LLC
Agreement for Phase 2 Services • February 10th, 2006 • Southern Iowa Bioenergy LLC

WHEREAS, Southern Iowa BioEnergy, LLC (SIBE) has made a commitment to develop a Biodiesel Plant and is diligently developing a business plan that will move this project forward, and

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