0001386110-12-000008 Sample Contracts

FEEDSTOCK SUPPLY AGREEMENT WASHINGTON, IA
Feedstock Supply Agreement • February 14th, 2012 • Iowa Renewable Energy, LLC • Industrial organic chemicals • Iowa

This Feedstock Supply Agreement (the “Agreement”) is dated as of October 12, 2011, by and between Iowa Renewable Energy, LLC an Iowa limited liability company (“Buyer”), and GAVILON, LLC, a Delaware limited liability company (“Gavilon”) (each of Buyer and Gavilon is a “Party” and together they are collectively referred to as the “Parties”).

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MASTER NETTING, SETOFF, CREDIT AND SECURITY AGREEMENT
Credit and Security Agreement • February 14th, 2012 • Iowa Renewable Energy, LLC • Industrial organic chemicals • Iowa

THIS MASTER NETTING, SETOFF, CREDIT AND SECURITY AGREEMENT (the “Master Agreement”) is dated as of October 12, 2011, by and between Iowa Renewable Energy, LLC, an Iowa limited liability company (“Producer”), and Gavilon, LLC, a Delaware limited liability company (“Gavilon”).

THIRD ADDENDUM TO THIRD AMENDMENT TO CONSTRUCTION-TERM LOAN AGREEMENT
Construction-Term Loan Agreement • February 14th, 2012 • Iowa Renewable Energy, LLC • Industrial organic chemicals • Washington

This Third Addendum to Third Amendment to Construction-Term Loan Agreement (“Addendum”) is made effective as of the 2nd day of January, 2012 between MLIC Asset Holdings LLC, successor-in-interest to Outsource Services Management, LLC, successor-in-interest to the Federal Deposit Insurance Corporation as receiver of BankFirst (“Lender”) and Iowa Renewable Energy, LLC (“Borrower”).

AMENDMENT AGREEMENT (WASHINGTON, IOWA)
Iowa Renewable Energy, LLC • February 14th, 2012 • Industrial organic chemicals

THIS AMENDMENT AGREEMENT dated January 13, 2012 (the “Amendment”), is made and entered into by GAVILON, LLC (“Purchaser”) and IOWA RENEWABLE ENERGY, LLC (“Seller”).

BIODIESEL SALE AND PURCHASE AGREEMENT WASHINGTON, IA
Biodiesel Sale and Purchase Agreement • February 14th, 2012 • Iowa Renewable Energy, LLC • Industrial organic chemicals • Iowa

This BIODIESEL Sale and Purchase Agreement (“Agreement”) is dated as of October 12, 2011 by and between Iowa Renewable Energy, LLC, an Iowa limited liability company (“Seller”), and Gavilon, LLC, a Delaware limited liability company (“Purchaser”) (each of Seller and Purchaser is a “Party” and together they are collectively referred to as the “Parties”).

IOWA RENEWABLE ENERGY, LLC1701 E 7TH STREET I0083732 0WASHINGTON, IA 52353 LENDER'S NAME AND ADDRESS"I" includes each borrower above, jointly and severally Washington State Bank Federation BankP.O. Box 311 102 E Main StWashington, IA 52353 Washington,...
Iowa Renewable Energy, LLC • February 14th, 2012 • Industrial organic chemicals

For value received, I promise to pay to you, or your order, at your address listed above the PRINCIPAL sum of ONE MILLION AND NO/100___________________________________________ Dollars $ 1,000,000.00 _________________________________________

Term Note
Iowa Renewable Energy, LLC • February 14th, 2012 • Industrial organic chemicals

This Third Note Modification dated January 2, 2012, by and between Iowa Renewable Energy, LLC ("Debtor") and MLIC Asset Holdings LLC, successor-in-interest to Outsource Services Management, LLC, successor-in-interest to the Federal Deposit Insurance Corporation as Receiver of BankFirst ("Lender"), modifying a promissory note dated October 26, 2006, in the original principal amount of $34,715,000.00 ("Note").

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