0001104659-03-010233 Sample Contracts

MEMORANDUM OF UNDERSTANDING
Memorandum of Understanding • May 15th, 2003 • Lake Area Corn Processors LLC • Industrial organic chemicals

This Memorandum of Understanding is made and entered into this 1st day of April, 2003, by and between Broin Enterprises, Inc., a South Dakota corporation doing business as Dakota Commodities, having its principal office at 851 Washington, Scotland, SD 57059 (hereinafter referred to as the “Marketer”) and Dakota Ethanol, having its principal office at Wentworth, South Dakota (hereinafter referred to as “Plant”).

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