exv4w2



 







EXHIBIT 4.2




HOMELAND ENERGY SOLUTIONS, LLC




SUBSCRIPTION AGREEMENT




Limited Liability Company Membership Units




$1,000 per Unit




Minimum Investment of 25 Units ($25,000)

5 Unit Increments Thereafter ($5,000)



The undersigned subscriber (“Subscriber”), desiring to become a member of Homeland Energy
Solutions, LLC (“Homeland Energy”), an Iowa limited liability company, with its principal place of
business at 951 North Linn Avenue, New Hampton, Iowa 50659 hereby subscribes for the purchase of
membership units of Homeland Energy, and agrees to pay the related purchase price, identified
below.



A. SUBSCRIBER INFORMATION. Please print your individual or entity name and address. If we accept
your subscription, the units will be titled in the name of the subscriber as it appears below.
Joint subscribers should provide both names. Your name and address will be recorded exactly as
printed below. Please provide your home, business and/or mobile telephone number. If desired,
please also provide your e-mail address.




	 	 	 	 	 
	     1.

	 	Subscriber’s Printed Name	 	 
	 

	 	 	 	 
	     2.

	 	Title, if applicable	 	 
	 

	 	 	 	 
	     3.

	 	Subscriber’s Address	 	 
	 

	 	Street	 	 
	 

	 	 	 	 
	 

	 	City, State, Zip Code	 	 
	 

	 	 	 	 
	     4.

	 	E-mail Address (optional)	 	 
	 

	 	 	 	 
	     5.

	 	Home Telephone Number	 	 
	 

	 	 	 	 
	     6.

	 	Business Telephone Number	 	 
	 

	 	 	 	 
	     7.

	 	Mobile Telephone Number	 	 
	 

	 	 	 	 
	     8.

	 	Subscriber’s Social Security Number	 	 
	 

	 	 	 	 
	     9.

	 	Joint Subscriber’s Social Security Number	 	 
	 

	 	 	 	 
	     10.

	 	Taxpayer Identification No. (Business Entities)	 	 
	 

	 	 	 	 




B. NUMBER OF UNITS PURCHASED. You must purchase at least 25 units. Your ownership interest may not
exceed 49% of our outstanding membership units. We currently have 2,850 units outstanding.
Accordingly, assuming that we sell the minimum number of 55,000 units in this offering, you may not
purchase more than 26,950 units. The maximum number of units to be sold in the offering is 95,000.




                              units



C. PURCHASE PRICE. Indicate the dollar amount of your investment (minimum investment is
$25,000).




	 	 	 	 	 	 	 	 	 	 
	 	1. Total Purchase Price
	 	=
	 	2. 1st Installment
	 	+
	 	3. 2nd Installment
	 	($1,000 per unit multiplied
	 	 	 	(10% of Total Purchase Price)
	 	 	 	(90% of Total Purchase Price)
	 	by number of units)	 	 	 	 	 	 	 	 
	 

	 	=
	 	 

	 	+
	 	 






D. GENERAL INSTRUCTIONS FOR SUBSCRIBERS:



You should read the Prospectus dated [DATE OF EFFECTIVENESS] (the “Prospectus”) in its entirety
including the exhibits for a complete explanation of an investment in Homeland Energy.




1









 







INSTRUCTIONS IF YOU ARE SUBSCRIBING PRIOR TO THE COMPANY’S RELEASE OF FUNDS FROM ESCROW:
If you are subscribing prior to the Company’s release of funds from escrow, you must follow the
instructions contained in paragraphs 1 through 5 below:




     1. Complete all information required in this Subscription Agreement, and date and sign the
Subscription Agreement on page 6 and the Member Signature Page to our Operating Agreement attached
to this Subscription Agreement as Exhibit A.



     2. Immediately provide a personal (or business) check for the first installment of ten percent
(10%) of your investment amount. The check should be made payable to
“___, escrow agent for Homeland Energy Solutions, LLC.” You will
determine this amount in box C.2 on page 1 of this Subscription Agreement.



     3. Execute the Promissory Note and Security Agreement on page 7 of this Subscription Agreement
evidencing your commitment to pay the remaining ninety percent (90%) due for the units. The
Promissory Note and Security Agreement is attached to this Subscription Agreement and grant
Homeland Energy, LLC a security interest in your units.



     4. Deliver the original executed documents referenced in paragraphs 1 and 3 of these
instructions, together with a personal or business check as described in Paragraph 2 of these
instructions to:


Homeland Energy Solutions, LLC

951 North Linn Avenue

New Hampton, Iowa 50659




     5. Within 20 days of written notice from Homeland Energy that your subscription has been
accepted, you must remit an additional personal (or business) check for the second installment of
ninety percent (90%) of your investment amount made payable to “___,
escrow agent for Homeland Energy Solutions, LLC” in satisfaction of the Promissory Note and
Security Agreement. You will determine this amount in box C.3 on page 1 of this Subscription
Agreement. You must deliver this check to the same address set forth above in paragraph 4 within
twenty (20) days of the date of Homeland Energy’s written notice. If you fail to pay the second
installment pursuant to the Promissory Note and Security Agreement, Homeland Energy shall be
entitled to retain your first installment and to seek other damages, as provided in the Promissory
Note and Security Agreement. This means that if you are unable to pay the 90% balance of your
investment amount within 20 days of our notice, you may have to forfeit the 10% cash deposit.



     Your funds will be placed in Homeland Energy’s escrow account at
___. The funds will be released to Homeland Energy or returned to you in
accordance with the escrow arrangements described in the Prospectus. Homeland Energy may, in its
sole discretion, reject or accept any part or all of your subscription. If Homeland Energy rejects
your subscription, your Subscription Agreement and investment will be promptly returned to you,
plus nominal interest, minus escrow fees. Homeland Energy may not consider the acceptance or
rejection of your subscription until a future date near the end of this offering.


INSTRUCTIONS IF YOU ARE SUBSCRIBING AFTER THE COMPANY’S RELEASE OF FUNDS FROM ESCROW: If
you are subscribing after the Company’s release of funds from escrow, you must follow the
instructions contained in paragraphs 1 through 3 below:




     1. Complete all information required in this Subscription Agreement, and date and sign the
Subscription Agreement on page 6 and the Member Signature Page to our Operating Agreement attached
to this Subscription Agreement as Exhibit A.



     2. Immediately provide your personal (or business) check for the entire amount of your
investment (as determined in box C.1 on page 1) made payable to “Homeland Energy Solutions, LLC.”



     3. Deliver the original executed documents referenced in paragraph 1 of these instructions,
together with your personal or business check as described in paragraph 2 to:


Homeland Energy Solutions, LLC

951 North Linn Avenue




2









 







New Hampton, Iowa 50659




     If you are subscribing after we have released funds from escrow and we accept your investment,
your funds will be immediately at-risk as described in the Prospectus. Homeland Energy may, in its
sole discretion, reject or accept any part or all of your subscription. If Homeland Energy rejects
your subscription, your Subscription Agreement and investment will be returned to you promptly,
plus nominal interest, minus escrow fees. Homeland Energy may not consider the acceptance or
rejection of your subscription until a future date near the end of this offering.



You may direct your questions to either of our directors listed below or to Homeland Energy at
(641)985-2147.




	 	 	 	 	 
	NAME	 	POSITION	 	PHONE NUMBER
	Stephen Eastman

	 	President and Director
	 	(641) 985-2147
	James Boeding

	 	Vice President and Director
	 	(563) 382-3000
	Pat Boyle

	 	VP Project Development and Director
	 	(563) 547-3801
	Bernard Retterath

	 	Treasurer and Director
	 	(641) 737-2398
	Steve Dietz

	 	Secretary and Director
	 	(641) 423-3965
	Chad Kuhlers

	 	Director
	 	(641) 423-8500
	Steven Core

	 	Director
	 	(507) 261-2946





E. Additional Subscriber Information. Subscriber, named above, certifies the following under
penalties of perjury:




	 	 	 	 	 	 	 	 	 
	1.	 	Form of Ownership. Check the appropriate box (one only) to indicate form of
ownership. If the subscriber is a Custodian, Corporation, Partnership or Trust, please
provide the additional information requested.
	 
	 	 	 	 	 	 	 	 
	 	 	o	 	Individual
	 	 	o	 	Joint Tenants with Right of Survivorship (Both signatures must appear on page 6.)
	 	 	o	 	Corporation, Limited Liability Company or Partnership (Corporate
Resolutions, Operating Agreement or Partnership Agreement must be enclosed.)
	 	 	o	 	Trust
	 

	 	 	 	          Trustee’s Name:	 	 	 	 
	 

	 	 	 	          Trust Date:
	 	 

	 	 
	 

	 	 	 	 	 	 

	 	 
	 	 	o	 	Other: Provide detailed information in the space immediately below.
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	2.	 	Subscriber’s Taxpayer Information. Check the appropriate box if you are a
non-resident alien, a U.S. Citizen residing outside the United States, and/or subject
to backup withholding. All individual subscribers should provide their Social Security
Numbers. Trusts should provide the trust’s taxpayer identification number. Custodians
should provide the minor’s Social Security Number. Other entities should provide the
entity’s taxpayer identification number.
	 
	 	 	 	 	 	 	 	 
	 	 	o	 	Check box if you are a non-resident alien
	 	 	o	 	Check box if you are a U.S. citizen residing outside of the United States
	 	 	o	 	Check this box if you are subject to backup withholding
	 
	 	 	 	 	 	 	 	 
	 	 	Subscriber’s Social Security No.	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 	 	Joint Subscriber’s Social Security No.	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 	 	Taxpayer Identification No.	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 
	 	 	 	 	 	 	 	 
	3.	 	Member Report Address. If you would like duplicate copies of member reports
sent to an address that is different than the address identified in section A, please
complete this section.
	 
	 	 	 	 	 	 	 	 
	 	 	Address:	 	 	 	 
	 

	 	 	 	 	 	 

	 	 
	 

	 	 	 	 	 	 

	 	 






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	4.	 	State of Residence.	 	 
	 	 	State of Principal Residence:	 	 
	 

	 	 	 	 	 	 	 	 
	 	 	State where driver’s license is issued:	 	 
	 

	 	 	 	 	 	 	 	 
	 	 	State where resident income taxes are filed:	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	State(s) in which you have maintained your principal residence during the past three years:
	 
	 	 	 	 	 	 	 	 
	 

	 	 
	 	 	 	 
	 	 
	 

	 	a.
	 	 	 	b.
	 	c.
	 

	 	 
	 	 	 	 
	 	 
	 
	 	 	 	 	 	 	 	 
	5.	 	Suitability Standards. You cannot invest in Homeland Energy unless you meet
one of the following suitability tests (a or b) set forth below. Please review the
suitability tests and check the box next to the following suitability test that you
meet. For husbands and wives purchasing jointly, the tests below will be applied on a
joint basis.
	 
	 	 	 	 	 	 	 	 
	 	 	a. o	 	I (We) have annual income from whatever source of at least
$45,000 and a net worth of at least $45,000, exclusive of home,
furnishings and automobiles; or
	 
	 	 	 	 	 	 	 	 
	 	 	b. o	 	I (We) have a net worth of at least $100,000, exclusive of
home, furnishings and automobiles; or
	 
	 	 	 	 	 	 	 	 
	 	 	c. o	 	I (We) have a net worth of $150,000, exclusive of home, home
furnishings, and automobiles.
	 
	 	 	 	 	 	 	 	 
	6.	 	Agricultural Producer. Please indicate below whether the subscribing person
or entity meets the following definition of an Agricultural Producer: Persons or
entities, including farmers, ranchers, loggers, agricultural harvesters and fishermen,
that engage in the production or harvesting of an agricultural product. Producers may
or may not own the land or other production resources, but must have majority ownership
interest in the agricultural product to which value is added as a result of the
project. Examples of agricultural producers include but are not limited to: a cattle
or hog feeder that has a majority interest in the livestock that is fed, slaughtered
and sold as beef or pork products or corn grower that has a majority interest in the
corn produced that is then converted into corn meal.
	 
	 	 	 	 	 	 	 	 
	 	 	a. o	 	I (we) qualify as an Agricultural Producer based on the above definition.
	 
	 	 	 	 	 	 	 	 
	 	 	b. o	 	I (we) do not qualify as an Agricultural Producer based on the
above definition.
	 
	 	 	 	 	 	 	 	 
	7.	 	Subscriber’s Representations and Warranties. You must read and certify your
representations and warranties by placing your initials where indicated and by signing
and dating this Subscription Agreement. Joint subscribers are also required to
initial and sign as indicated.





(Initial here) (Joint initials) By signing below the subscriber represents and warrants to Homeland
Energy that he, she or it:




	 	 	 	 	 
	                    

	 	                    
	 	a. has received a copy of Homeland Energy’s Prospectus
dated [DATE OF EFFECTIVENESS] and the exhibits thereto
or has received notice that this sale has been made
pursuant to a registration statement in which a final
prospectus would have been required to have been
delivered in the absence of Rule 172;
	 
	 	 	 	 
	                    

	 	                    
	 	b. has been informed that the units of Homeland Energy
are offered and sold in reliance upon a federal
securities registration; state registrations in
Florida, Illinois, Iowa, Kansas, Minnesota, Missouri,
South Dakota and Wisconsin; and exemptions from
securities registrations in various other states, and
understands that the units to be issued pursuant to
this subscription agreement can only be sold to a
person meeting requirements of suitability;
	 
	 	 	 	 
	                    

	 	                    
	 	c. has been informed that the securities purchased
pursuant to this Subscription Agreement have not been
registered under the securities laws of any state
other than Florida, Illinois, Iowa, Kansas, Minnesota,
Missouri, South Dakota and Wisconsin and that Homeland
Energy is relying in part upon the representations of
the undersigned Subscriber contained herein;
	 
	 	 	 	 
	                    

	 	                    
	 	d. has been informed that the securities subscribed for
have not been approved or disapproved by the SEC, or
the Florida, Illinois, Iowa, Kansas, Minnesota,
Missouri, South Dakota and Wisconsin Securities
Departments or any other regulatory authority, nor has
any regulatory authority passed upon the accuracy or
adequacy of the Prospectus;






4









 






	 	 	 	 	 
	                    

	 	                    
	 	e. intends to acquire the units for his/her/its own
account without a view to public distribution or
resale and that he/she/it has no contract,
undertaking, agreement or arrangement to sell or
otherwise transfer or dispose of any units or any
portion thereof to any other person;
	 
	 	 	 	 
	                    

	 	                    
	 	f. understands that there is no present market for
Homeland Energy’s membership units, that the
membership units will not trade on an exchange or
automatic quotation system, that no such market is
expected to develop in the future and that there are
significant restrictions on the transferability of the
membership units;
	 
	 	 	 	 
	                    

	 	                    
	 	g. has been encouraged to seek the advice of his legal
counsel and accountants or other financial advisers
with respect to investor-specific tax and/or other
considerations relating to the purchase and ownership
of units;
	 
	 	 	 	 
	                    

	 	                    
	 	h. has received a copy of the Homeland Energy Operating
Agreement, dated March 9, 2006, and understands that
upon closing the escrow by Homeland Energy, the
subscriber and the membership units will be bound by
the provisions of the Operating Agreement which
contains, among other things, provisions that restrict
the transfer of membership units;
	 
	 	 	 	 
	                    

	 	                    
	 	i. understands that the units are subject to substantial
restrictions on transfer under certain tax and
securities laws along with restrictions in the
Homeland Energy Operating Agreement, and agrees that
if the membership units or any part thereof are sold
or distributed in the future, the subscriber shall
sell or distribute them pursuant to the terms of the
Operating Agreement, and the requirements of the
Securities Act of 1933, as amended, and applicable tax
and securities laws;
	 
	 	 	 	 
	                    

	 	                    
	 	j. meets the suitability test marked in Item E.5 above
and is capable of bearing the economic risk of this
investment, including the possible total loss of the
investment;
	 
	 	 	 	 
	                    

	 	                    
	 	k. understands that Homeland Energy will place a
restrictive legend on any certificate representing any
unit containing substantially the following language
as the same may be amended by the Directors of
Homeland Energy in their sole discretion:






THE TRANSFERABILITY OF THE MEMBERSHIP UNITS REPRESENTED BY THIS
CERTIFICATE IS RESTRICTED. SUCH UNITS MAY NOT BE SOLD, ASSIGNED,
OR TRANSFERRED, AND NO ASSIGNEE, VENDEE, TRANSFEREE OR ENDORSEE
THEREOF WILL BE RECOGNIZED AS HAVING ACQUIRED ANY SUCH UNITS FOR
ANY PURPOSES, UNLESS AND TO THE EXTENT SUCH SALE, TRANSFER,
HYPOTHECATION, OR ASSIGNMENT IS PERMITTED BY, AND IS COMPLETED IN
STRICT ACCORDANCE WITH, APPLICABLE FEDERAL AND STATE LAW AND THE
TERMS AND CONDITIONS SET FORTH IN THE OPERATING AGREEMENT OF THE
COMPANY, AS AMENDED FROM TIME TO TIME.



THE SECURITIES REPRESENTED BY THIS CERTIFICATE MAY NOT BE SOLD,
OFFERED FOR SALE OR TRANSFERRED IN THE ABSENCE OF AN EFFECTIVE
REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND
UNDER APPLICABLE STATE SECURITIES LAWS, OR AN OPINION OF COUNSEL
SATISFACTORY TO THE COMPANY THAT SUCH TRANSACTION IS EXEMPT FROM
REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND
UNDER APPLICABLE STATE SECURITIES LAWS.



	 	 	 	 	 
	                    

	 	                    
	 	l. understands that, to enforce the above legend, Homeland Energy may place a stop
transfer order with its registrar and stock transfer agent (if any) covering all
certificates representing any of the membership units;
	 
	 	 	 	 
	                    

	 	                    
	 	m. may not transfer or assign this Subscription Agreement, or any of the subscriber’s
interest herein without the prior written consent of Homeland Energy;
	 
	 	 	 	 
	                    

	 	                    
	 	n. has written his, her, or its correct taxpayer identification number under Item E.2
on this Subscription Agreement;
	 
	 	 	 	 
	                    

	 	                    
	 	o. is not subject to back up withholding either because he, she or it has not been
notified by the Internal Revenue Service (“IRS”) that he, she or it is subject to
backup withholding as a result of a failure to report all interest or dividends, or
the IRS has notified him, her or it that he is no longer subject to backup withholding
(Note this clause (p) should be crossed out if the backup withholding box in Item E.2
is checked);






5









 






	 	 	 	 	 
	                    

	 	                    
	 	p. understands that execution of the attached Promissory Note and Security Agreement
will allow Homeland Energy or its assigns to pursue the obligor for payment of the
amount due thereon by any legal means, including, but not limited to, acquisition of a
judgment against the obligor in the event that the subscriber defaults on that
Promissory Note and Security Agreement; and
	 
	 	 	 	 
	                    

	 	                    
	 	q. acknowledges that Homeland Energy may retain possession of certificates representing
subscriber’s units to perfect its security interest in those units.






	 	 	 	 	 	 	 
	Signature of Subscriber/Joint Subscriber:	 	 	 	 
	 
	 	 	 	 	 	 
	Date:
	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	Individuals:	 	 	 	Entities:
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Name of Individual Subscriber (Please Print)	 	 	 	Name of Entity (Please Print)
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Signature of Individual	 	 	 	Print Name and Title of Officer
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Name of Joint Individual Subscriber (Please Print)	 	 	 	Signature of Officer
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Signature of Joint Individual Subscriber	 	 	 	 






	 	 	 	 	 	 	 
	ACCEPTANCE OF SUBSCRIPTION BY HOMELAND ENERGY SOLUTIONS, LLC:	 	 
	 
	 	 	 	 	 	 
	Homeland Energy Solutions, LLC hereby accepts Subscriber’s subscription for                      units.
	 
	 	 	 	 	 	 
	Dated this                      day of                                          , 200     
               .
	 
	 	 	 	 	 	 
	HOMELAND ENERGY SOLUTIONS, LLC	 	 
	 
	 	 	 	 	 	 
	By:
	 	 	 	 	 	 
	 

	 	 

	 	 	 	 
	 
	 	 	 	 	 	 
	Its:
	 	 	 	 	 	 
	 

	 	 

	 	 	 	 







6









 








PROMISSORY NOTE AND SECURITY AGREEMENT




     Date of Subscription Agreement:                                         , 200                    .



$1,000 per Unit




Minimum Investment of 25 Units ($25,000); Units Sold in 5 Unit Increments Thereafter ($10,000 each)




	 	 	 	 	 
	 

	 	 	 	Number of Units Subscribed
	 

	 	 

	 	 
	 

	 	 	 	Total Purchase Price ($1,000 per unit multiplied by number of units subscribed)
	 

	 	 

	 	 
	 

	 	(          )
	 	Less Initial Payment (10% of Principal Amount)
	 

	 	 

	 	 
	 

	 	 	 	Principal Balance
	 

	 	 

	 	 





FOR VALUE RECEIVED, the undersigned hereby promises to pay to the order of Homeland Energy
Solutions, LLC, an Iowa limited liability company (“Homeland Energy”), at its principal office
located at 951 North Linn Avenue, New Hampton, Iowa 50659, or at such other place as required by
Homeland Energy, the Principal Balance set forth above in one lump sum to be paid without interest
within 20 days following the call of the Homeland Energy Board of Directors, as described in the
Subscription Agreement. In the event the undersigned fails to timely make any payment owed, the
entire balance of any amounts due under this full recourse Promissory Note and Security Agreement
shall be immediately due and payable in full with interest at the rate of 12% per annum from the
due date and any amounts previously paid in relation to the obligation evidenced by this Promissory
Note and Security Agreement may be forfeited at the discretion of Homeland Energy.



The undersigned agrees to pay to Homeland Energy on demand, all costs and expenses incurred to
collect any indebtedness evidenced by this Promissory Note and Security Agreement, including,
without limitation, reasonable attorneys’ fees. This Promissory Note and Security Agreement may
not be modified orally and shall in all respects be governed by, construed, and enforced in
accordance with the laws of the State of Nebraska.



The provisions of this Promissory Note and Security Agreement shall inure to the benefit of
Homeland Energy and its successors and assigns, which expressly reserves the right to pursue the
undersigned for payment of the amount due thereon by any legal means in the event that the
undersigned defaults on obligations provided in this Promissory Note and Security Agreement.



The undersigned waives presentment, demand for payment, notice of dishonor, notice of protest, and
all other notices or demands in connection with the delivery, acceptance, performance or default of
this Promissory Note and Security Agreement.



The undersigned grants to Homeland Energy, and its successors and assigns (“Secured Party”), a
purchase money security interest in all of the undersigned’s membership units of Homeland Energy
now owned or hereafter acquired. This security interest is granted as non-exclusive collateral to
secure payment and performance on the obligation owed Secured Party from the undersigned evidenced
by this Promissory Note and Security Agreement. The undersigned further authorizes Secured Party to
retain possession of certificates representing such membership units and to take any other actions
necessary to perfect the security interest granted herein.



Dated:                                        , 200                    .




	 	 	 	 	 	 	 	 	 	 	 
	OBLIGOR/DEBTOR:	 	 	 	JOINT OBLIGOR/DEBTOR:	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	Printed or Typed Name of Obligor	 	 	 	Printed or Typed Name of Joint Obligor	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	 	 	 	 	By:	 	 	 	 
	 

	 	 

	 	 
	 	 	 	 

	 	 
	 

	 	(Signature)
	 	 	 	 	 	(Signature)	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	Officer Title if Obligor is an Entity	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	Address of Obligor	 	 	 	 	 	 	 	 






7









 






Exhibit A




MEMBER SIGNATURE PAGE




ADDENDUM TO THE

OPERATING AGREEMENT

OF HOMELAND ENERGY SOLUTIONS, LLC




     The undersigned does hereby warrant, represent, covenant and agree that: (i) the undersigned,
as a condition to becoming a Member in Homeland Energy Solutions, LLC, has received a copy of the
Operating Agreement dated March 9, 2006, and, if applicable, all amendments and modifications
thereto; (ii) the undersigned shall be subject to and comply with all terms and conditions of such
Operating Agreement in all respects, as if the undersigned had executed said Operating Agreement on
the original date thereof; and (iii) the undersigned is and shall be bound by all of the provisions
of said Operating Agreement from and after the date of execution of this Addendum.



	 	 	 	 	 	 	 
	Individuals:	 	 	 	Entities:
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Date	 	 	 	Date
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Name of Individual Member (Please Print)	 	 	 	Name of Entity (Please Print)
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Signature of Individual	 	 	 	Print Name and Title of Officer
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Name of Joint Individual Member (Please Print)	 	 	 	Signature of Officer
	 
	 	 	 	 	 	 
	 	 	 	 	 
	Signature of Joint Individual Member	 	 	 	 
	 
	 	 	 	 	 	 
	Agreed to and accepted on behalf of the

Company and its Members:	 	 	 	 
	 
	 	 	 	 	 	 
	HOMELAND ENERGY SOLUTIONS, LLC	 	 	 	 
	 
	 	 	 	 	 	 
	By:
	 	 	 	 	 	 
	 

	 	 

	 	 	 	 
	 
	 	 	 	 	 	 
	Its:
	 	 	 	 	 	 
	 

	 	 

	 	 	 	 
	 
	 	 	 	 	 	 
	Date:
	 	 	 	 	 	 
	 

	 	 

	 	 	 	 







8