Assignment of Membership Interests (Security Agreement) Sample Contracts

ASSIGNMENT OF MEMBERSHIP INTERESTS (SECURITY AGREEMENT)
Assignment of Membership Interests (Security Agreement) • February 11th, 2010 • MGP Ingredients Inc • Grain mill products • Minnesota

This ASSIGNMENT OF MEMBERSHIP INTERESTS (SECURITY AGREEMENT) is made as of the 20th day of November, 2009 by MGP INGREDIENTS, INC., a Kansas corporation (the “Grantor”) to and in favor of WELLS FARGO BANK, NATIONAL, acting through its Wells Fargo Business Credit operating division (hereinafter, together with its successors and assigns, referred to as “Lender”).

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