SECOND AMENDED AND RESTATED OPERATING AGREEMENT OF FIRST UNITED ETHANOL, LLC Dated April 5, 2006Operating Agreement • May 3rd, 2006 • First United Ethanol LLC • Industrial organic chemicals • Georgia
THIS SECOND AMENDED AND RESTATED OPERATING AGREEMENT (the “Agreement”) is entered into and shall be effective as of the 5 day of April, 2006, by and among First United Ethanol, LLC, a Georgia limited liability company (the “Company”), each of the Persons (as hereinafter defined) who are identified as Members on the attached Exhibit “A” and who have executed a counterpart of this Agreement and a Subscription Agreement, and any other Persons as may from time-to-time be subsequently admitted as a Member of the Company in accordance with the terms of this Agreement. Capitalized terms not otherwise defined herein shall have the meaning set forth in Section 1.9.
SUBSCRIPTION AGREEMENTSubscription Agreement • May 3rd, 2006 • First United Ethanol LLC • Industrial organic chemicals
The undersigned subscriber, desiring to become a member of First United Ethanol, LLC (“FUEL”), a Georgia limited liability company, with its principal place of business 2 West Broad Street, Camilla, Georgia 31730 hereby subscribes for the purchase of the membership interests of FUEL, and agrees to pay the related purchase price, identified below.
ESCROW AGREEMENTEscrow Agreement • May 3rd, 2006 • First United Ethanol LLC • Industrial organic chemicals • Georgia
THIS ESCROW AGREEMENT (this “Agreement”) made and entered into this 1st day of May, 2006, by and among AMERIS, a federally-insured deposit organization located at 225 S. Main Street, Moultrie, Georgia 31768 (hereinafter referred to as “Escrow Agent”) and First United Ethanol, LLC, a Georgia limited liability company (hereinafter referred to as “Escrowor”).
PROJECT DEVELOPMENT AND CONSULTING AGREEMENTProject Development and Consulting Agreement • May 3rd, 2006 • First United Ethanol LLC • Industrial organic chemicals • Georgia
THIS PROJECT DEVELOPMENT AND CONSULTING AGREEMENT (“Agreement”) is entered into as of this 28th day of April , 2006 (“Effective Date”), by and between Murray Campbell, an individual (“Campbell”), and First United Ethanol, LLC (the “Company”), a Georgia limited liability company.
