0001078782-09-000460 Sample Contracts

GREEN PLAINS RENEWABLE ENERGY, INC. NON-STATUTORY STOCK OPTION AGREEMENT
Non-Statutory Stock Option Agreement • March 31st, 2009 • Green Plains Renewable Energy, Inc. • Industrial organic chemicals • Iowa

THIS AGREEMENT is made as of October 15th, 2008, between Green Plains Renewable Energy, Inc., an Iowa corporation (the “Company”), and Steve Bleyl (the “Optionee”).

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CONSTRUCTION AND TERM LOAN SUPPLEMENT
Construction and Term Loan Supplement • March 31st, 2009 • Green Plains Renewable Energy, Inc. • Industrial organic chemicals

THIS SUPPLEMENT to the Master Loan Agreement dated August 31, 2007, (the “MLA”), is entered into as of August 31, 2007, between FARM CREDIT SERVICES OF MID-AMERICA, FLCA (“Farm Credit”) and ETHANOL GRAIN PROCESSORS, LLC, Rives, Tennessee (the “Company”), and amends and restates the Supplement dated January 18, 2007, and numbered RI0487TOl.

MASTER LOAN AGREEMENT
Master Loan Agreement • March 31st, 2009 • Green Plains Renewable Energy, Inc. • Industrial organic chemicals • Colorado

THIS MASTER LOAN AGREEMENT is entered into as of August 31, 2007, between FARM CREDIT SERVICES OF MID-AMERICA, FLCA (“FLCA”), FARM CREDIT SERVICES OF MID-AMERICA, PCA (“PCA”) and ETHANOL GRAIN PROCESSORS, LLC, Rives, Tennessee (the “Company”).

Space above this line for Recorder’s use only CONSTRUCTION/PERMANENT MORTGAGE, SECURITY AGREEMENT, ASSIGNMENT OF LEASES AND RENTS, FINANCING STATEMENT AND FIXTURE FILING
And Fixture Filing • March 31st, 2009 • Green Plains Renewable Energy, Inc. • Industrial organic chemicals • Indiana

This CONSTRUCTION/PERMANENT MORTGAGE, SECURITY AGREEMENT, ASSIGNMENT OF LEASES AND RENTS, FINANCING STATEMENT AND FIXTURE FILING, is effective as of February 27, 2007 (as amended, amended and restated, supplemented or otherwise modified from time to time, this “Mortgage”) and is made by INDIANA BID-ENERGY, LLC, an Indiana limited liability company (“Mortgagor”), whose address is 969 North Main Street, P.O. Box 297, Bluffton, Indiana 46714, in favor of AGSTAR FINANCIAL SERVICES, PCA, a United States instrumentality, (“Mortgagee”), whose address is 3555 9th Street NW, Suite 400, Rochester, Minnesota 55903.

CONSTRUCTION AND REVOLVING TERM LOAN SUPPLEMENT
Construction and Revolving Term Loan Supplement • March 31st, 2009 • Green Plains Renewable Energy, Inc. • Industrial organic chemicals

THIS SUPPLEMENT to the Master Loan Agreement dated August 31,2007, (the “MLA”), is entered into as of August 31, 2007, and effective April 1, 2008, or such earlier date as Agent (as that term is defined in the MLA) may establish in its sale discretion, (the “Effective Date”), between FARM CREDIT SERVICES OF MID-AMERICA, FLCA (“Farm Credit”) and ETHANOL GRAIN PROCESSORS, LLC, Rives, Tennessee (the “Company”) and amends and restates the Supplement dated January 18,2007, and numbered RI0487T02.

INDENTURE OF TRUST between CITY OF BLUFFTON, INDIANA and U.S. BANK NATIONAL ASSOCIATION, as Trustee providing for the issuance of CITY OF BLUFFTON, INDIANA SUBORDINATE SOLID WASTE DISPOSAL FACILITY REVENUE BONDS, SERIES 2007A (INDIANA BIO-ENERGY, LLC...
Green Plains Renewable Energy, Inc. • March 31st, 2009 • Industrial organic chemicals

THIS INDENTURE OF TRUST (this “Indenture”) is made and entered into as of March 1, 2007, between the CITY OF BLUFFTON, INDIANA, a municipal corporation of the State of Indiana (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, as trustee (the “Trustee”).

FIRST SUPPLEMENT TO THE MASTER LOAN AGREEMENT (CONSTRUCTION AND TERM LOAN)
Master Loan Agreement • March 31st, 2009 • Green Plains Renewable Energy, Inc. • Industrial organic chemicals

THIS FIRST SUPPLEMENT TO THE MASTER LOAN AGREEMENT (this “First Supplement”), dated as of February 27, 2007, is between AGSTAR FINANCIAL SERVICES, PCA (the “Lender”) and INDIANA BIO-ENERGY, LLC, an Indiana limited liability company (the “Borrower”), and supplements and incorporates all of the provisions of that certain Master Loan Agreement, dated as of even date herewith, between the Lender and the Borrower (as the same may be amended, modified, supplemented, extended or restated from time to time, the “MLA”).

GREEN PLAINS RENEWABLE ENERGY, INC. RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • March 31st, 2009 • Green Plains Renewable Energy, Inc. • Industrial organic chemicals • Iowa

This Restricted Stock Agreement (the “Agreement”) is made this 15th day of October, 2008 to Edgar Seward (the “Grantee”) and evidences the grant by Green Plains Renewable Energy, Inc., an Iowa corporation (the “Company”) of a Restricted Stock Award (the “Award”) to the Grantee on the date hereof (the “Date of Grant”). By accepting the Award, the Grantee agrees to be bound in accordance with the provisions of this Agreement.

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