0001104659-06-035049 Sample Contracts

HEADS OF AGREEMENT
Heads of Agreement • May 15th, 2006 • South Dakota Soybean Processors LLC • Agricultural services

This Heads of Agreement (HOA) sets out the principal terms upon which the parties being (Parties) Transocean Group Holdings Pty Ltd or its nominee (Transocean) and South Dakota Soy Processors, LLC (SDSP) have incorporated High Plains Biofuels (HPB) with a view to jointly undertake the development and construction of a biodiesel plant (Plant) on the land owned and occupied by SDSP in South Dakota (Land).

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