Exhibit 10.3 MEMORANDUM OF AGREEMENT CONCERNING OPTIONS To: ________________ From: Ladd Seaberg Date: December 7, 2001 Re: Cancellation of Existing Stock Option and Grant of Option on June 8, 2000 In consideration of your offer to cancel the option...Memorandum of Agreement Concerning Options • February 13th, 2001 • Midwest Grain Products Inc • Grain mill products
