Partial Release of Collateral Agreement Sample Contracts

PARTIAL RELEASE OF COLLATERAL AGREEMENT
Partial Release of Collateral Agreement • March 13th, 2012 • MGP Ingredients Inc • Grain mill products

THIS PARTIAL RELEASE OF COLLATERAL AGREEMENT ("Agreement") is entered into as of the 30 day of January, 2012 (the "Effective Date") by and between WELLS FARGO BANK, NATIONAL ASSOCIATION, ("Lender"), MGPI PROCESSING, INC., a Kansas corporation, formerly known as MGP Ingredients, Inc. (the "Grantor"), and MGP INGREDIENTS, Inc., a Kansas corporation, formerly known as MGPI Holdings, Inc.("Holdings").

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