0001104659-05-014373 Sample Contracts

FOURTH AMENDED AND RESTATED OPERATING AGREEMENT OF GREAT PLAINS ETHANOL, LLC February 17, 2005
Operating Agreement • March 31st, 2005 • Great Plains Ethanol LLC • Industrial organic chemicals • South Dakota

This Fourth Amended and Restated Operating Agreement of GREAT PLAINS ETHANOL, LLC, is hereby adopted and entered into effective as of the 17th day of February, 2005, for good and valuable consideration, by the Members (as defined below). This Fourth Amended and Restated Operating Agreement amends and restates in its entirety that certain Third Amended and Restated Operating Agreement dated July 22, 2003 by and among the Members.

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PROMISSORY NOTE MODIFICATION AGREEMENT
Promissory Note Modification Agreement • March 31st, 2005 • Great Plains Ethanol LLC • Industrial organic chemicals

This Agreement is made as of February 28, 2005, between Home Federal Bank having its office at 225 South Main Avenue, Post Office Box 5000, Sioux Falls, South Dakota 57117-5000 (“Lender”) and Great Plains Ethanol LLC, 27716 462nd Ave., Chancellor, SD 57015 (“Borrower”).

AGREEMENT TO COMPENSATE GUARANTORS
Agreement to Compensate Guarantors • March 31st, 2005 • Great Plains Ethanol LLC • Industrial organic chemicals

THIS AGREEMENT is made and entered into effective this 28th day of February, 2005, by and between Great Plains Ethanol, LLC (the “Company”) and Robert Broin, Jeff Broin, Todd Broin, Duane Sather, Fred Thurman, and Dennis Schrag (collectively the “Guarantors”).

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