Document:

exv10w1

	 	 	 	 	 

Exhibit 10.1

Farm Credit Services of America

EIGHT AMENDMENT TO CREDIT AGREEMENT

This Eighth Amendment to Credit Agreement (“Amendment”) is made and entered into effective the
13th day of April, 2009, by and between Siouxland Ethanol, LLC (hereinafter referred to
as “Borrower”) and Farm Credit Services of America, FLCA and Farm Credit Services of America, PCA
(hereinafter referred to as “Lender”) to amend and modify the Credit Agreement dated May 4, 2006
(hereinafter referred to as the “Credit Agreement”). The Credit Agreement and underlying Loan
Documents are modified only to the extent necessary to give effect to the terms of this Amendment,
and the remaining terms of said Loan Documents, not otherwise inconsistent herewith, are ratified
by the parties. Capitalized terms used but not otherwise defined herein have the respective
meanings given to them in the Credit Agreement.

In consideration of the mutual agreements, provisions and covenants herein contained, and
furthermore to induce Lender to consider financial accommodations for the Borrower under the terms
and provisions of the Credit Agreement, the parties hereby agree as follows:

Credit Facility C is amended as follows:

Section 2.2.1 Credit Facility C (138039-RLOC). Lender agrees to advance sums to Borrower
up to the amount of $3,500,000.00 (Maximum Principal Balance) until July 1, 2009 (Final Advancement
Date). Each Advance made will reduce the funds available for future advances by the amount of the
Advance. Repayments of principal will be available for subsequent Advances. The proceeds of said
Loan will be used by Borrower for financing grain, ethanol, inventory, receivables, grain hedging
activity and letters of credit (Purpose) and Borrower agrees not to request or use such proceeds
for any other purpose.

	 	(b)	 	Principal. Borrower hereby promises to pay principal, plus all accrued
interest and any unpaid fees, costs or expenses in full on July 1, 2009.

The following Section is amended to read as follows:

Section 7.11 Capital Spending. Borrower will not make Capital Expenditures during fiscal
years 2008 and 2009, from any source of funds available, in excess of $2,000,000.00 in the
aggregate for the two-year period ending September 30, 2009. For fiscal year 2010 and thereafter,
Capital Expenditures are not to exceed $500,000.00 per year in the aggregate.

Borrower hereby represents and warrants to the Lender that, after giving effect to this Amendment,
(i) no Default or Event of Default exists under the Credit Agreement or any of the other Loan
Documents and (ii) the representations and warranties set forth in the Credit Agreement are true
and correct in all material respects as of the date hereof (except for those which expressly relate
to an earlier date).

Borrower hereby ratifies the Credit Agreement as amended and acknowledges and reaffirms (i) that it
is bound by all terms of the Credit Agreement applicable to it and (ii) that it is responsible for
the observance and full performance of its respective obligations.

Borrower hereby certifies that the person(s) executing this Amendment on behalf of Borrower is/are
duly authorized to execute such document on behalf of Borrower and that there have been no changes
in the name, ownership, control, organizational documents, or legal status of the Borrower since
the last application, loan, or loan servicing action; that all resolutions, powers and authorities
remain in full force and effect, and that the information provided by Borrower is and remains true
and correct.

 

 

This Amendment may be executed by the parties hereto in several counterparts, each of which shall
be deemed to be an original and all of which shall constitute one and the same agreement. delivery
of executed counterparts of this Amendment by telecopy shall be effective as an original and shall
constitute a representation that an original shall be delivered.

THIS AMENDMENT SHALL BE DEEMED TO BE A CONTRACT MADE UNDER AND GOVERNED BY THE INTERNAL LAWS OF THE
STATE OF NEBRASKA.

This Amendment shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and assigns.

IN WITNESS WHEREOF, the parties hereto have set their hand effective the day and year first above
written.

The Internal Revenue Service does not require your consent to any provision of this document other
than the following certification required to avoid backup withholding. Under penalties of perjury,
I/we certify that the Taxpayer Identification Number shown herein is correct and that I/we am/are
not subject to backup withholding either because I/we are exempt, have not been notified that I/we
are subject to backup withholding due to failure or reporting interest or dividends, or the
Internal Revenue Service has notified me/us that I/we am/are no longer subject to backup
withholding. I/we am/are a U.S. person (including U.S. resident alien):

	 	 	 	 	 
	Siouxland Ethanol, LLC 

BORROWER:

Siouxland Ethanol, LLC

 	223902184	 
	By:  	/s/ Charles Hofland
 	 
	 	Charles Hofland, President 	 
	 	 	 	 
	 

	 	 	 
	Address for Notice:
	 	P.O. Box 147

Jackson, NE 68743

LENDER:

Farm Credit Services of America, FLCA

Farm Credit Services of America, PCA

	 	 	 	 	 
	By:  	/s/ Shane Frahm
 	 
	 	Shane Frahm, Vice PresidentEX-10.1

Exhibit 10.1

AMENDMENT TO

G&K SERVICES EXECUTIVE EMPLOYMENT AGREEMENT

     This Amendment to G&K Services Executive Employment Agreement amends that Executive Employment
Agreement dated October 23, 2008 by and between G&K Services, Inc. (the “Employer”) and
Timothy N. Curran (“Executive”).

INTRODUCTION

	A.	 	The Employer and the Executive have previously executed and delivered an Executive Employment
Agreement.
	 
	B.	 	Although the Employment Agreement was drafted to comply with Section 409A of the Internal
Revenue Code, the Employer and the Executive desire to make an additional change to clarify
conformance to such Code section.

     NOW, THEREFORE, in consideration of the facts recited above, and the parties’ mutual
undertakings, Employer and Executive agree to the following:

     1. Effective January 1, 2009, Section 6.5(b) of the Employment Agreement is hereby amended by
deleting the final three sentences of said section and inserting in lieu thereof the following:

“In the event that any payment or benefit intended to be provided under this
Article 6 or otherwise is required to be reduced pursuant to this
Section 6.5, Employer shall designate the payments and or benefits
to be so reduced in order to give effect to this Section 6.5.
Employer shall designate the payments and/or benefits to be so reduced in
such a manner as to comply with the requirements of Section 409A, and in
particular shall first reduce such cash benefits as are not subject to
Section 409A, and next shall reduce on a pro rata basis such cash benefits
as are subject to Section 409A, and finally shall reduce other benefits on a
pro rata basis.”

     IN WITNESS WHEREOF, the parties have caused this Amendment to be executed and delivered as of
the 10th day of April, 2009.

	 	 	 	 	 
	 	EMPLOYER

G&K SERVICES, INC.

 	 
	 	By  	/s/ Richard L. Marcantonio
 	 
	 	 	Richard L. Marcantonio, 	 
	 	 	Chairman and Chief Executive Officer 	 
	 
	 	 	 
	 	/s/ Timothy N. Curran
 	 
	 	ExecutiveEX-10.2

Exhibit 10.2

AMENDMENT TO

G&K SERVICES EXECUTIVE EMPLOYMENT AGREEMENT

     This Amendment to G&K Services Executive Employment Agreement amends that Executive Employment
Agreement dated November 16, 2007 by and between G&K Services, Inc. (the “Employer”) and
Douglas A. Milroy (“Executive”).

INTRODUCTION

	A.	 	The Employer and the Executive have previously executed and delivered an Executive Employment
Agreement.
	 
	B.	 	Although the Employment Agreement was drafted to comply with Section 409A of the Internal
Revenue Code, the Employer and the Executive desire to make an additional change to clarify
conformance to such Code section.

     NOW, THEREFORE, in consideration of the facts recited above, and the parties’ mutual
undertakings, Employer and Executive agree to the following:

     1. Effective January 1, 2009, Section 6.5(b) of the Employment Agreement is hereby amended by
deleting the final three sentences of said section and inserting in lieu thereof the following:

“In the event that any payment or benefit intended to be provided under this
Article 6 or otherwise is required to be reduced pursuant to this
Section 6.5, Employer shall designate the payments and or benefits
to be so reduced in order to give effect to this Section 6.5.
Employer shall designate the payments and/or benefits to be so reduced in
such a manner as to comply with the requirements of Section 409A, and in
particular shall first reduce such cash benefits as are not subject to
Section 409A, and next shall reduce on a pro rata basis such cash benefits
as are subject to Section 409A, and finally shall reduce other benefits on a
pro rata basis.”

     IN WITNESS WHEREOF, the parties have caused this Amendment to be executed and delivered as of
the 10th day of April, 2009.

	 	 	 	 	 
	 	EMPLOYER

G&K SERVICES, INC.

 	 
	 	By  	/s/ Richard L. Marcantonio
 	 
	 	 	Richard L. Marcantonio, 	 
	 	 	Chairman and Chief Executive Officer 	 
	 
	 	 	 
	 	/s/ Douglas A. Milroy
 	 
	 	ExecutiveEX-10.3

Exhibit 10.3

AMENDMENT TO

G&K SERVICES EXECUTIVE EMPLOYMENT AGREEMENT

     This Amendment to G&K Services Executive Employment Agreement amends that Executive Employment
Agreement dated November 16, 2007 by and between G&K Services, Inc. (the “Employer”) and
Robert G. Wood (“Executive”).

INTRODUCTION

	A.	 	The Employer and the Executive have previously executed and delivered an Executive Employment
Agreement.
	 
	B.	 	Although the Employment Agreement was drafted to comply with Section 409A of the Internal
Revenue Code, the Employer and the Executive desire to make an additional change to clarify
conformance to such Code section.

     NOW, THEREFORE, in consideration of the facts recited above, and the parties’ mutual
undertakings, Employer and Executive agree to the following:

     1. Effective January 1, 2009, Section 6.5(b) of the Employment Agreement is hereby amended by
deleting the final three sentences of said section and inserting in lieu thereof the following:

“In the event that any payment or benefit intended to be provided under this
Article 6 or otherwise is required to be reduced pursuant to this
Section 6.5, Employer shall designate the payments and or benefits
to be so reduced in order to give effect to this Section 6.5.
Employer shall designate the payments and/or benefits to be so reduced in
such a manner as to comply with the requirements of Section 409A, and in
particular shall first reduce such cash benefits as are not subject to
Section 409A, and next shall reduce on a pro rata basis such cash benefits
as are subject to Section 409A, and finally shall reduce other benefits on a
pro rata basis.”

     IN WITNESS WHEREOF, the parties have caused this Amendment to be executed and delivered as of
the 10th day of April, 2009.

	 	 	 	 	 
	 	EMPLOYER

G&K SERVICES, INC.

 	 
	 	By  	/s/ Richard L. Marcantonio
 	 
	 	 	Richard L. Marcantonio, 	 
	 	 	Chairman and Chief Executive Officer 	 
	 
	 	 	 
	 	/s/ Robert G. Wood
 	 
	 	Executive

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