0001104659-07-022432 Sample Contracts

LUMP SUM DESIGN-BUILD AGREEMENT BETWEEN HIGHWATER ETHANOL, LLC (“OWNER”) AND FAGEN, INC. (“DESIGN-BUILDER”) September 28, 2006
License Agreement • March 26th, 2007 • Highwater Ethanol LLC • Industrial organic chemicals • Minnesota

This LUMP SUM DESIGN-BUILD CONTRACT (the “Agreement”) is made as of September 28, 2006, (the “Effective Date”) by and between Highwater Ethanol, LLC a Minnesota limited liability company (the “Owner”) and Fagen, Inc., a Minnesota corporation (the “Design-Builder”) (each a “Party” and collectively, the “Parties”).

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LOAN CLOSING; OPTION AND PURCHASE AGREEMENT
Loan Closing; Option • March 26th, 2007 • Highwater Ethanol LLC • Industrial organic chemicals • Minnesota

WHEREAS, Granite Falls Bank (“Granite Falls Bank”) is willing to lend $800,000.00 to Highwater Ethanol, LLC (“Highwater”) so that Highwater can purchase real estate from “Halter” and “Imker” as further described on Exhibits “A” and “B” as attached hereto and made a part hereof provided that:

MORTGAGE
Highwater Ethanol LLC • March 26th, 2007 • Industrial organic chemicals
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