Document:

Support and Subordination Agreement

  
 Exhibit 10.18

 SUPPORT AND SUBORDINATION AGREEMENT 
 This Support and Subordination Agreement (this “Agreement”) is entered into as of October 22, 2010, by and among GREEN PLAINS HOLDINGS II LLC (the “Borrower”), a
Delaware limited liability company formerly known as Global Ethanol, LLC, which was formerly known as Midwest Grain Processors, LLC, GREEN PLAINS RENEWABLE ENERGY, INC., an Iowa corporation (the “Parent”), and COBANK, ACB, a
federally chartered banking organization, as administrative agent under the Loan Agreement described below (in such capacity, the “Agent”). 
 The Borrower, the Agent and the several banks and other financial institutions from time to time party thereto (the “Lenders”) are parties to that certain Amended and Restated Loan and
Security Agreement dated as of December 14, 2005 (as amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”). 
 The Borrower, the Agent and the Lenders are entering into a Sixteenth Amendment to Amended and Restated Loan and Security Agreement and Fourth Amendment to Forbearance Agreement of even date herewith (the
“Sixteenth Amendment”), pursuant to which the Agent and the Lenders have, among other things, consented to certain amendments to the Loan Agreement to permit the merger of the Borrower with and into a wholly-owned subsidiary of the
Parent. 
 As the Borrower has become a wholly-owned subsidiary of the Parent, the Parent expects to receive substantial direct
economic benefit from the transactions contemplated by Loan Agreement and the Forbearance Agreement (as defined in the Loan Agreement), each as amended by the Sixteenth Amendment. 

As a condition to the effectiveness of the Sixteenth Amendment, the Agent and the Lenders have required the execution and delivery of
this Agreement. 
 ACCORDINGLY, in consideration of the premises and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereby agree as follows: 

1.        Definitions. All terms defined in the Loan Agreement that are not otherwise
defined herein shall have the meanings given them in the Loan Agreement. In addition, as used herein, the following terms have the meanings specified below: 
 “Bankruptcy Code” means the provisions of Title 11 of the United States Code, 11 U.S.C. sections 101 et seq., as from time to time amended, and any successor or similar statute. All
references to articles, sections, subsections and clauses of the Bankruptcy Code shall include all amendments, modifications and renumberings thereof from time to time. 

  

  

“Bankruptcy Law” means the Bankruptcy Code or any similar federal, state, provincial or other bankruptcy,
insolvency, receivership or similar law affecting creditors’ rights. 
 “Capital Cure
Amount” means, with respect to any Capital Support Event, an amount that, when added to the funds available to the Borrower under and in accordance with the Loan Agreement, will satisfy the Borrower’s working capital requirements for
the fiscal quarter following such Capital Support Event. 
 “Capital Support Event” means the
need, or prospective need, for working capital in excess of funds available to the Borrower under the Loan Agreement. 
 “Covenant Cure Amount” means, with respect to any Covenant Support Event, the amount necessary to prevent any Default of, and ensure continued compliance with, Section 7.6(a) of the
Loan Agreement for the fiscal quarter following such Covenant Support Event. 
 “Covenant Support
Event” means the occurrence, or prospective occurrence, of a Default by the Borrower under Section 7.6(a) of the Loan Agreement. 
 “Cure Amount” means a Capital Cure Amount or a Covenant Cure Amount, as applicable. 
 “DIP Financing” means any debtor-in-possession financing or similar financing provided to the Borrower by any Senior Lender Party under Section 364 of the Bankruptcy Code or under
any other Bankruptcy Law or otherwise in connection with any Proceeding or any such financing consented to by the Senior Lender Parties. 
 “Paid in Full” or “Payment in Full” means, when used in connection with the Senior Obligations, the full and final payment in cash of all of the Senior Obligations (other
than indemnification obligations not then asserted or due), the expiration, cancellation or cash collateralization (in a manner acceptable to the Agent in an amount equal to 105% of the maximum amount of the maximum potential exposure as reasonably
determined by the Agent from time to time) of all letter of credit obligations, hedging obligations, interest rate swap obligations, interest rate cap obligations, interest rate collar obligations, treasury management obligations, cash management
obligations or other similar obligations under the Loan Documents, and the termination of all commitments and obligations of the Senior Lender Parties to make loans or extend other financial accommodations to the Borrower under the Loan Documents or
with respect to the Senior Obligations. 
 “Proceeding” means any voluntary or involuntary
insolvency, bankruptcy, receivership, trusteeship, custodianship, reorganization, readjustment, composition, liquidation, dissolution, assignment for the benefit of creditors, appointment of a receiver, trustee, custodian or other officer with
similar powers or any other proceeding for the reorganization, recapitalization, liquidation, dissolution or other winding up of a 

  
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Person or any of the assets of such Person (including, without limitation, any such Proceeding under the Bankruptcy Code or under any other Bankruptcy Law). 

“Prohibited Source of Funds” shall have the meaning specified in Section 2(d) hereof. 

“Refinance” means, in respect of any Senior Obligation or any Subordinated Obligation, to refinance,
replace or refund, or to issue other indebtedness, in exchange or replacement for, such Senior Obligation or such Subordinated Obligation, as applicable, in whole or in part, whether with the same or different lenders, agents or arrangers, with
terms, conditions, covenants and defaults substantially the same as those then existing in the Senior Loan Documents or the documents (if any) evidencing the Subordinated Obligations, as applicable, prior to such refinancing, replacement, refunding
or issuance or which could be included in the Senior Loan Documents (if any) evidencing the Subordinated Obligations, as applicable, pursuant to an amendment, modification, supplement or restatement permitted by this Agreement.
“Refinanced” and “Refinancing” shall have correlative means. 
 “Senior
Lending Parties” means, collectively, the Agent, the Lenders and the Issuer, and each is a “Senior Lending Party”. 
 “Senior Obligations” means each and every debt, liability and obligation of every type and description which the Borrower may now or at any time hereafter owe to the Senior Lender
Parties, including without limitation the Liabilities, whether any such debt, liability or obligation now exists or is hereafter created or incurred, and whether it is or may be direct or indirect, due or to become due, absolute or contingent,
primary or secondary, liquidated or unliquidated, or joint, several or joint and several, all interest thereon, and all fees, costs and other charges related thereto, and all renewals, extensions, amendments, modifications, supplements and
restatements thereof and any note, notes or other evidences of indebtedness issued in whole or partial substitution therefor, and any Refinancing of any of the foregoing, and including, specifically, without limitation, all debts, liabilities and
obligations of the Borrower owing to the Senior Lender Parties arising subsequent to the commencement of any Proceeding related to the Borrower, including without limitation interest and other debts, liabilities and obligations regardless of whether
they are allowed as a claim in such Proceeding, and including without limitation all debts, liabilities and obligations pursuant to any DIP Financing provided by any Senior Lender Party to the Borrower. 

“Subordinated Obligations” means each and every debt, liability and obligation of every type and
description which the Borrower may now or at any time hereafter owe to the Parent, including without limitation each Support Revolving Loan and Support Term Loan made by the Parent for the benefit of the Borrower, whether any such debt, liability or
obligation now exists or is hereafter created or incurred, and whether it is or may be direct or indirect, due or to become due, absolute or contingent, primary or secondary, liquidated or unliquidated, or joint, several or joint and several, all
interest thereon, and all fees, costs and other charges related thereto, and all renewals, extensions, amendments, modifications, supplements and restatements thereof and any note, notes or other evidences of indebtedness issued in whole or partial
substitution therefor, and any 

  
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Refinancing of any of the foregoing, and including, specifically, without limitation, all debts, liabilities and obligations of the Borrower owing to the Parent arising subsequent to the
commencement of any Proceeding relating to the Borrower, including without limitation interest and other debts, liabilities and obligations regardless of whether they are allowed as a claim in such Proceeding. 

“Support Contribution” means an equity contribution or an investment made by the Parent to the Borrower,
the entire amount of which is contributed as an equity contribution from the Parent to the Borrower, in each case obtained from sources other than Prohibited Sources of Funds. 

“Support Payment” means a Support Contribution, a Support Revolving Loan and/or a Support Term Loan, as
applicable. 
 “Support Revolving Loan” means an unsecured, subordinated revolving loan (subject
at all times to the terms and conditions of this Agreement) made by the Parent to the Borrower (for which the source thereof is other than a Prohibited Source of Funds). 

“Support Term Loan” means an unsecured, subordinated term loan (subject at all times to the terms and
conditions of this Agreement) made by the Parent to the Borrower (for which the source thereof is other than a Prohibited Source of Funds). 
 “Support Event” means a Covenant Support Event or a Capital Support Event, as applicable. 
 2.        Support Events. 
 (a)        Upon the occurrence of a Covenant Support Event, the Parent may, in its discretion, make a Support Term Loan and/or a Support Contribution to the
Borrower in immediately available funds in an aggregate amount equal to the Covenant Cure Amount. 

(b)        Upon the occurrence of a Capital Support Event, the Parent may, in its
discretion, make a Support Revolving Loan and/or a Support Contribution to the Borrower in immediately available funds in an aggregate amount equal to the Capital Cure Amount. 

(c)        As promptly as practicable, but in any event not later than two
Business Days, after making a Support Payment to the Borrower, the Parent will deliver to the Agent a detailed statement setting forth the nature of the Support Event giving rise to such Support Payment and all relevant details with respect to such
Support Term Loan, Support Revolving Loan or Support Contribution, as applicable, and stating whether or not such Cure Amount with respect to such Support Event has been satisfied and paid in full. 

(d)        Neither the Parent nor the Borrower shall permit any Support Payment to
(i) result in the imposition of any Lien on the Borrower’s property (other than Liens in favor of the Agent under the Loan Agreement or any other Loan Document), (ii) be 

  
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funded through the sale of any of the Borrower’s assets, (iii) result in the Parent owning less than 100% of the equity interests in and to the Borrower, (iv) result in any Lien on
any equity interest in the Borrower, (v) result in the ability of any Person other than the Parent or the Agent from voting, directly or indirectly, any equity interest in the Borrower. Any source of funds for a Support Payment directly or
indirectly resulting in the occurrence of any of (i) through (v) in the preceding sentence shall be deemed a “Prohibited Source of Funds.” 
 3.        Subordination. Payment of the Subordinated Obligations is hereby expressly subordinated to the extent and in the manner hereinafter set forth to
the Payment in Full of the Senior Obligations. The Subordinated Obligations shall continue to be subordinated to the Senior Obligations even if the Senior Obligations are subordinated, set aside, avoided or disallowed under the Bankruptcy Code, any
other Bankruptcy Law or any other applicable law. Regardless of any Lien which the Parent may ever have in any assets of the Borrower, whether by law or by agreement, any Lien which any Senior Lender Party shall hold in the Collateral shall be prior
to any such Lien of the Parent, regardless of whether any such Lien of any Senior Lender Party is perfected and regardless of the relative dates or manner of any perfection of such Liens, and any such Lien claimed therein by the Parent shall be and
remain fully subordinate for all purposes to the Lien of any Senior Lender Party therein for all purposes whatsoever. 

4.        Prohibited Payments in respect of the Subordinated Obligations. Until all of
the Senior Obligations have been Paid in Full, the Parent shall not, without the Agent’s prior written consent, demand, receive or accept any principal, interest or other payment from the Borrower in respect of the Subordinated Obligations, or
exercise any right of or permit any setoff in respect of the Subordinated Obligations, except that the Parent may accept, when due: 
 (a)        payments of principal of, or interest accrued on, any Support Revolving Loan so long as (i) no Default or Matured Default has occurred or would
occur as a result of or immediately following any such payment, and (ii) without limiting the foregoing clause (i), the Borrowing Base Limit is a positive amount before and, on a pro forma basis, after giving effect to any such payment;

 (b)        payments of principal under any Support Term Loan so long
as (i) no Default or Matured Default has occurred or would occur as a result of or immediately following any such payment, (ii) the Borrower has maintained Working Capital in an amount equal to or greater than $15,000,000 for two
consecutive fiscal quarters following the funding of a Support Term Loan, and (iii) Working Capital of the Borrower will continue to equal or exceed $15,000,000 after giving effect to any such payment; and 

(c)        payments of interest accrued on any Support Term Loan so long as
(i) no Default or Matured Default has occurred or would occur as a result of or immediately following any such payment, and (ii) without limiting the foregoing clause (i), the Borrowing Base Limit is a positive amount before and, on a pro
forma basis, after giving effect to any such payment. 

  
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 Notwithstanding the foregoing, no
principal, interest or other payment shall be made by the Borrower or accepted by the Parent in respect of any Subordinated Obligation during the continuance of any Default or Matured Default. 

5.        Turnover of Prohibited Payments. If the Parent receives any payment in respect
of any Subordinated Obligation that the Parent is not entitled to receive under the provisions of this Agreement, the Parent will hold the amount so received in trust for the Senior Lender Parties and will forthwith turn over such payment to the
Agent in the form received (except for the endorsement of the Parent where necessary) for application to then-existing Senior Obligations (whether or not due), in such order and manner of application as the Agent may deem appropriate in its sole
discretion. If the Parent exercises any right of setoff which the Parent is not permitted to exercise under the provisions of this Agreement, the Parent will promptly pay over to the Agent, in immediately available funds, an amount equal to the
amount of the claims or obligations offset. If the Parent fails to make any endorsement required under this Agreement, the Agent, or any of its officers, employees or agents on behalf of the Agent, is hereby irrevocably appointed as the
attorney-in-fact (which appointment is coupled with an interest) for the Parent to make such endorsement in the Parent’s name. 
 6.        No Action on Subordinated Obligations. The Parent will not commence any action or proceeding against the Borrower to recover all or any part of the
Subordinated Obligations, or join with any creditor (unless the Senior Lender Parties shall so join) in bringing any Proceeding against the Borrower under the Bankruptcy Code, any other Bankruptcy Law or any other applicable law, or take possession
of, sell, or dispose of any Collateral or any other asset of the Borrower, or exercise or enforce any other right or remedy available to the Parent with respect to the Borrower, any of the Collateral or any other asset of the Borrower, unless and
until the Senior Obligations have been Paid in Full. 
 7.        No Liens in
Collateral or Other Assets of the Borrower. 
 (a)        The Parent
agrees that it will not obtain or accept any Lien in any of the Collateral or in any other asset of the Borrower. 
 (b)        If the Parent breaches its agreement in clause (a) above (and without limiting any claims or causes of action or other remedies which the Senior
Lender Parties may have against the Parent for such breach), notwithstanding any Lien now held or hereafter acquired by the Parent in the Collateral or in any other asset of the Borrower, the Agent or any other Senior Lender Party may take
possession of, sell, dispose of, and otherwise deal with all or any part of the Collateral and any other assets of the Borrower, and may enforce any right or remedy available to them with respect to the Borrower, any Collateral and any other asset
of the Borrower, all without notice to or consent of the Parent except as specifically required by applicable law. In addition, and without limiting the generality of the foregoing, if the Parent has a Lien in any Collateral or in any of other
assets of the Borrower in violation of clause (a) above, the Parent hereby irrevocably consents to any sale or disposition by the Borrower of any of the Collateral or any of the other assets of the Borrower which has been consented to by the
Agent free and clear of any such Lien of the Parent. Upon request of the Agent, the Parent shall immediately execute and deliver to the Agent such releases and terminations (and any related 

  
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financing statements such as “in-lieu” financing statements under Part 7 of Article 9 of the Uniform Commercial Code) as the Agent shall request with respect to any Lien which the
Parent may have obtained or accepted in any of the Collateral or in any other asset of the Borrower. The Parent hereby irrevocably appoints the Agent, or any of its officers, employees or agents on behalf of the Agent, as its attorney-in-fact (which
appointment is coupled with an interest) for the purpose of executing and filing such releases or terminations with respect to any of the Collateral or any other asset of the Borrower. 

(c)        The Senior Lender Parties shall have no duty to preserve, protect, care
for, insure, take possession of, collect, dispose of, or otherwise realize upon any of the Collateral or any of the other assets of the Borrower, and in no event shall the Senior Lender Parties be deemed the Parent’s agent with respect to the
Collateral or any of the other assets of the Borrower. All proceeds received by the Senior Lender Parties with respect to any Collateral or any other assets of the Borrower may be applied to any of the Senior Obligations in such manner and order of
application that the Agent shall determine in its sole discretion. 

(d)        The Parent agrees that (i) no covenant, agreement or restriction
contained in any of the Loan Documents shall be deemed to prevent, restrain, limit or restrict in any way the rights and remedies of the Senior Lender Parties with respect to the Collateral and the other assets of the Borrower, and (ii) no
covenant, agreement or restriction contained in any of the Loan Documents shall be deemed to prevent, restrain, limit or restrict in any way any sale or other disposition by the Borrower of the Collateral or of any other assets of the Borrower after
the occurrence of a Default or Matured Default if the Agent has consented to such sale or disposition. 

8.        Proceedings. 

(a)        In connection with any Proceeding involving the Borrower or any of its
respective properties or assets, the agreements contained in this Agreement shall remain in full force and effect and enforceable pursuant to their terms in accordance with Section 510(a) of the Bankruptcy Code and in accordance with any other
applicable provision of any Bankruptcy Law, and all references herein to the Borrower shall be deemed to apply to the Borrower as debtor-in-possession and to any trustee or receiver or similar officer for the estate of the Borrower. 

(b)        Notwithstanding any provision of this Agreement to the contrary, in any
Proceeding involving the Borrower or any of its respective properties or assets, (i) all Senior Obligations shall be Paid in Full before any payment or distribution (whether made in cash, securities or other property) shall be made in any such
Proceeding with respect to or on account of any of the Subordinated Obligations, (ii) any payment or distribution which, but for this Agreement, otherwise would be payable or deliverable in any such Proceeding in respect of the Subordinated
Obligations, shall be paid or distributed directly to the Agent to be held and/or applied to the Senior Obligations in such manner and order of application as the Agent shall determine in its sole discretion until all of the Senior Obligations have
been Paid in Full, (iii) the Parent hereby irrevocably authorizes, empowers and directs the Borrower, all debtors-in-possession, 

  
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receivers, trustees, liquidators, custodians, distribution agents, plan representatives, conservators or others having authority to make or otherwise effect any such payments or distributions to
make such payments and distributions directly to the Agent for the benefit of the Senior Lender Parties, and the Parent also hereby irrevocably authorizes and empowers the Agent to demand, sue for, collect and receive each such payment or
distribution, (iv) the Parent agrees to execute and deliver to the Agent all such further documents or instruments as may be reasonably requested by the Agent with respect to the authorizations described in clause (iii) of this
Section 8(b), and (v) the Parent hereby irrevocably appoints the Agent, or any of its officers, employees or agents on behalf of the Agent, as the attorney-in-fact (which appointment is coupled with an interest) for the Parent with the
power to execute, prepare, verify, deliver and file proofs of claim or similar documents in respect of the Subordinated Obligations in connection with any Proceeding and to vote the claims of the Parent in connection with any Proceeding;
provided, however, none of the Senior Lender Parties shall have any obligation or duty to execute, prepare, verify, deliver and/or file any such proof of claim or similar document in any Proceeding or to vote any claim of the Parent in
any Proceeding and the action or inaction of the Senior Lender Parties shall not give rise to any claims or liability against any of the Senior Lender Parties. In the event that, notwithstanding the foregoing, any payment or distribution of assets
or securities, or the proceeds of any thereof, shall be collected or received by the Parent in contravention of this provision or any other provisions of this Agreement, such payment or distribution shall be received in trust by the Parent (without
commingling with other funds) for the benefit of the Senior Lender Parties and the Parent shall forthwith deliver such payment or distribution to the Agent for the benefit of the Senior Lender Parties for application to the payment of the Senior
Obligations in such order and manner of application as the Agent shall determine in its sole discretion. 

(c)        The Senior Obligations shall continue to be treated as Senior
Obligations and the provisions of this Agreement shall continue to govern the relative rights and priorities of the Senior Lender Parties and the Parent even if all or any part of the Senior Obligations is subordinated, set aside, avoided or
disallowed in connection with any Proceeding or if any interest, fees, expenses or other amounts accruing with respect to the Senior Obligations following the commencement of any Proceeding is otherwise disallowed or even if all or any part of the
Liens in the Collateral securing the Senior Obligations are subordinated, set aside, avoided or disallowed in connection with any Proceeding. To the extent that any of the Senior Lender Parties receives any payments on or in respect of the Senior
Obligations, including, without limitation, from proceeds of the Collateral, which are subsequently invalidated, declared to be fraudulent or preferential, avoided, set aside and/or required to be repaid to the Borrower, trustee, receiver or any
other party in any Proceeding or otherwise under any Bankruptcy Law, other applicable law, common law, equitable cause, or otherwise, then, to the extent of such payments received, the Senior Obligations, or part thereof, which had been repaid with
such payments shall be automatically reinstated and shall not be or considered Paid in Full and all Senior Obligations and all related Liens in the Collateral shall be reinstated and shall continue in full force and effect as if such payments had
not been received by the Senior Lender Parties. 

  
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(d)        In the event of any Proceeding involving the Borrower, the Parent
agrees as follows: (i) the Parent will not challenge, contest, oppose or object to (or cause or support any other Person in challenging, contesting, opposing or objecting to) any use, sale or lease of cash collateral under Section 363 of
the Bankruptcy Code or under any other applicable Bankruptcy Law or otherwise that is consented to or supported by the Senior Lender Parties, (ii) the Parent will not challenge, contest, oppose or object to (or cause or support any other Person
in challenging, contesting, opposing or objecting to) any request by the Senior Lender Parties for adequate protection under Section 361, Section 362, Section 363 or Section 364 of the Bankruptcy Code or under any other
applicable Bankruptcy Law or otherwise, (iii) the Parent will not challenge, contest, oppose or object to (or cause or support any other Person in challenging, contesting, opposing or objecting to) any DIP Financing provided to the Borrower by
any of the Senior Lender Parties or consented to or supported by the Senior Lender Parties, (iv) the Parent will not, directly or indirectly through an affiliate or otherwise, provide or seek to provide (and will not cause or support any other
Person (other than a Senior Lender Party) in providing or seeking to provide) any debtor-in-possession or other similar financing to the Borrower under Section 364 of the Bankruptcy Code or under any other Bankruptcy Law or otherwise,
(v) the Parent will not challenge, contest, oppose or object to (or cause or support any other Person in challenging, contesting, opposing or objecting to) any sale under Section 363 of the Bankruptcy Code or under any other applicable
Bankruptcy Law or otherwise that is consented to or supported by the Senior Lender Parties, (vi) the Parent will not challenge, contest, oppose or object to (or cause or support any other Person in challenging, contesting, opposing or objecting
to) any motion for relief from the automatic stay of Section 362 of the Bankruptcy Code (or any similar stay in any Proceeding under any other Bankruptcy Law) filed by any of the Senior Lender Parties, (vii) the Parent will not challenge,
contest, oppose or object to (or cause or support any other Person in challenging, contesting, opposing or objecting to) any Liens or claims of the Agent or the Senior Lender Parties, including, without limitation, any claims for allowance or
payment of post-petition interest, and the Parent will not seek (and will not cause or support any other Person in seeking) any judicial or other relief or action that would limit, impair, invalidate, avoid, set aside or subordinate any Liens or
claims of the Agent or the Senior Lender Parties, including, without limitation, any claims for allowance or payment of post-petition interest, (viii) the Parent will not contest, oppose or object to any plan of reorganization or liquidation or
other dispositive restructuring plan supported by the Senior Lender Parties, (ix) the Parent will not seek or support (or cause or support any other Person in seeking or supporting) any plan of reorganization or liquidation or other dispositive
restructuring plan which is not supported by the Senior Lender Parties, (x) the Parent shall not challenge, contest, oppose or object to (or cause or support any other Person in challenging, contesting, opposing or objecting to) the exercise by
the Senior Lender Parties of the right (or amount) to credit bid any or all of the Senior Obligations pursuant to Section 363(k) of the Bankruptcy Code or under any other applicable Bankruptcy Law or otherwise. 

9.        Waivers. The Parent expressly waives the benefit of any and all defenses and
discharges available to a guarantor, surety, endorser or accommodation party dependent on an obligor’s character as such, except the defense of discharge by Payment in Full. Without 

  
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limiting the generality of the foregoing, the obligations of the Parent hereunder shall not be affected or impaired in any way by any of the following acts or things (which the Agent and the
other Senior Lender Parties are hereby expressly authorized to do, omit or suffer from time to time without notice to or consent of anyone): (a) any acceptance of collateral security, guarantors, accommodation parties or sureties for any or all
of the Senior Obligations; (b) any extension or renewal of any of the Senior Obligations (whether or not for longer than the original period) or any modification of the interest rate, maturity or other terms of any such Senior Obligation;
(c) any waiver or indulgence granted to the Borrower, any delay or lack of diligence in the enforcement of any of the Senior Obligations; (d) any full or partial release of, compromise or settlement with, or agreement not to sue, the
Borrower or any guarantor or other person liable on or with respect to any of the Senior Obligations; (e) any release, surrender, cancellation or other discharge of any of the Senior Obligations (other than discharge by Payment in Full) or the
acceptance of any instrument in renewal or substitution for any instrument evidencing any such Senior Obligations; (f) any failure to obtain collateral security (including rights of setoff) for any of the Senior Obligations, or to see to the
proper or sufficient creation and perfection thereof, or to establish the priority thereof, or to preserve, protect, insure, care for, exercise or enforce any collateral security for any of the Senior Obligations; (g) any modification,
alteration, substitution, exchange, surrender, cancellation, termination, release or other change, impairment, limitation, loss or discharge of any collateral security for any of the Senior Obligations; (h) any assignment, sale, pledge or other
transfer of any of the Senior Obligations; or (i) any manner, order or method of application of any payments or credits on any of the Senior Obligations. The Parent will not assert against any Senior Lender Party any defense of waiver, release,
discharge in bankruptcy, statute of limitations, res judicata, statute of frauds, anti-deficiency statute, fraud, ultra vires acts, usury, illegality or unenforceability which may be available to the Borrower in respect of the Senior Obligations, or
any setoff available to the Borrower against any Senior Lender Party. In addition to and without limiting Section 8 above, the obligations of the Parent hereunder shall not be affected or impaired by any voluntary or involuntary liquidation,
dissolution, sale or other disposition of all or substantially all the assets, marshalling of assets and liabilities, receivership, insolvency, bankruptcy, assignment for the benefit of creditors, reorganization, arrangement, composition or
readjustment of, or other similar event or proceeding affecting, the Borrower or any of its assets. The Parent will not assert any claim, defense or setoff available to it against the Borrower as a defense to the performance of its obligations
hereunder. 
 10.        Restrictive Legend; No Transfer of Subordinated
Obligations; No Amendment to Subordinated Obligations. The Parent will cause all notes, bonds, debentures or other instruments evidencing the Subordinated Obligations or any part thereof to contain a specific statement thereon to the effect that
the debts, liabilities and obligations evidenced thereby is subject to the provisions of this Agreement, and the Parent will mark its books conspicuously to evidence the subordination effected hereby. At the request of the Agent, the Parent shall
deposit with the Agent all of the notes, bonds, debentures or other instruments evidencing the Subordinated Obligations, which notes, bonds, debentures or other instruments may be held by the Agent unless and until all of the Senior Obligations have
been Paid in Full. Without the prior written consent of the Agent, the Parent will not assign, transfer or pledge to any other Person any of the Subordinated Obligations or any of the notes, bonds, debentures or other instruments evidencing the
same. Without the prior written consent of the Agent, the 

  
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Parent will not alter, change or amend any of the terms or conditions of the Subordinated Obligations or any of the notes, bonds, debentures or other instruments evidencing the same. 

11.        No Commitment. None of the provisions of this Agreement shall be deemed or
construed to constitute or imply any commitment or obligation on the part of any of the Senior Lender Parties to make any future loans or other extensions of credit or financial accommodations to the Borrower. 

12.        Representations and Warranties. The Parent hereby represents and warrants to
the Agent and the other Senior Lender Parties as follows: 

(a)        The Parent is duly organized, validly existing and in good standing
under the laws of the state of Iowa. 
 (b)        The Parent has full
power and authority to enter into, execute, deliver and carry out the terms of this Agreement and to incur the obligations provided for herein, all of which have been duly authorized by all proper and necessary action and are not prohibited by the
organizational documents of the Parent. 
 (c)        This Agreement,
when executed and delivered, will constitute the valid and legally binding obligation of the Parent, enforceable in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization,
moratorium or similar laws affecting the enforcement of creditors’ rights generally and by equitable principles. 
 (d)        No provisions of any material mortgage, indenture, contract, agreement, statute, rule, regulation, judgment, decree or order binding on the Parent or
affecting the property of the Parent conflicts with, or requires any consent that has not already been obtained under, or would in any way prevent the execution, delivery or performance of the terms of this Agreement. The execution, delivery and
carrying out of the terms of this Agreement will not constitute a default under, or result in the creation or imposition of, or obligation to create, any Lien upon the property of the Parent pursuant to the terms of any such material mortgage,
indenture, contract or agreement. No pending or, to the best of the Parent’s knowledge, threatened, litigation, arbitration or other proceeding, if adversely determined, would in any way prevent the performance of the terms of this Agreement.

 13.        Notice. All notices and other communications hereunder shall be in
writing and shall be (a) personally delivered, (b) transmitted by mail, postage prepaid, either by registered or certified mail, return receipt requested, (c) delivered by overnight express courier, for next business day delivery, or
(d) transmitted by telecopy, in each case addressed to the party at the address or telecopier number set forth by its signature below, or at such other address as may hereafter be designated in writing by the applicable party by notice to the
other parties. All such notices or other communications shall be deemed to have been given on (i) if delivered personally, on the date received, (ii) if delivered by mail, on the earlier of the third business day following the day sent or
the date actually received, (iii) if sent by overnight courier for next business day delivery, on the next business day following the day sent, or (iii) if delivered by telecopy, on the date of transmission. 

  
 -11-

  

14.        Cumulative Rights; No Waivers. Each and every right, remedy and power granted
to the Agent or the other Senior Lender Parties hereunder shall be cumulative and in addition to any other right, remedy or power specifically granted herein, in Loan Documents or now or hereafter existing in equity, at law, by virtue of statute or
otherwise, and may be exercised by the Agent or the other Senior Lender Parties, from time to time, concurrently or independently and as often and in such order as the Agent or the other Senior Lender Parties may deem expedient. Any failure or delay
on the part of the Agent or the other Senior Lender Parties in exercising any such right, remedy or power, or abandonment or discontinuance of steps to enforce the same, shall not operate as a waiver thereof or affect the Agent’s or the other
Senior Lender Parties’ right thereafter to exercise the same, and any single or partial exercise of any such right, remedy or power shall not preclude any other or further exercise thereof or the exercise of any other right, remedy or power,
and no such failure, delay, abandonment or single or partial exercise of the Agent’s or the other Senior Lender Parties’ rights hereunder shall be deemed to establish a custom or course of dealing or performance among the parties hereto.

 15.        Further Assurances. The Parent at any time, and from time to time,
after the execution and delivery of this Agreement, upon the request of the Agent and at the expense of the Parent, will promptly execute and deliver such further documents and do such further acts and things as the Agent may reasonably request in
order to fully effect the purposes of this Agreement. 
 16.        Costs and
Expenses. Without limiting Section 10.4 of the Loan Agreement and Section 20 of the Forbearance Agreement, the Parent agrees to pay all reasonable out-of-pocket costs, fees and expenses incurred by the Agent and its Affiliates
(including, without limitation, the reasonable fees, charges and disbursements of counsel, consultants and other agents) in connection with the preparation, negotiation, administration and enforcement of this Agreement or any amendments,
modifications or waivers of the provisions hereof. 
 17.        Successors and
Assigns. This Agreement and the terms, covenants and conditions hereof shall be binding upon and inure to the benefit of the Agent and the Parent, and their respective successors and assigns; provided, however, the Parent shall not
sell, assign, dispose of, transfer, grant a Lien in or permit the Refinancing of all or any portion of the Subordinated Obligations unless and until (i) the Agent, in its sole discretion, shall have given its prior written consent to such sale,
assignment, disposition, transfer, grant of Lien or Refinancing, and (ii) such purchaser, assignee, other transferee or Refinancing party shall have expressly acknowledged in writing, pursuant to a written acknowledgment acceptable to the
Agent, that the Subordinated Obligations remain subject to the terms and conditions of this Agreement and such purchaser, assignee, other transferee or other Refinancing Party shall have agreed that it is bound by this Agreement and has assumed all
of the responsibilities and obligations of the Parent under this Agreement. The Parent further agrees that if the Borrower Refinances all or any portion of the Senior Obligations, upon request of the Agent or the Borrower, the Parent shall enter
into a replacement subordination agreement with such lender or lenders providing such Refinancing, with such replacement subordination agreement having terms and conditions substantially identical to the terms and conditions of this Agreement.

 18.        Modification. Any modification or waiver of any provision of this
Agreement, or any consent to any departure by the Agent or the Parent therefrom, shall not be 

  
 -12-

 
effective in any event unless the same is in writing and signed by the Agent, and then such modification, waiver or consent shall be effective only in the specific instance and for the specific
instance and for the specific purpose given. Any notice to or demand on the Parent in any event not specifically required of the Agent hereunder shall not entitle the Parent to any other or further notice or demand in the same, similar or other
circumstances unless specifically required hereunder. 

19.        Miscellaneous. This Agreement may be executed in any number of counterparts,
each of which when so executed and delivered shall be deemed to be an original and all of which counterparts, taken together, shall constitute but one and the same instrument. Wherever possible, each provision of this Agreement shall be interpreted
in such manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be prohibited by or invalid under applicable law, such provision shall be ineffective only to the extent of such prohibition or
invalidity, without invalidating the remainder of such provisions or the remaining provisions of this Agreement. 

20.        Governing Law; Jurisdiction. This Agreement shall be governed by the internal
laws of the State of Colorado. The Parent irrevocably (a) agrees that any suit, action or other legal proceeding arising out of or relating to this Agreement may be brought in a court of record in the City or the County of Denver, Colorado or
in the Courts of the United States located in the State of Colorado, (b) consents to the jurisdiction of each such court in any suit, action or proceeding, (c) waives any objection which it may have to the laying of venue of any such suit,
action or proceeding in any such courts and any claim that any such suit, action or proceeding has been brought in an inconvenient forum, and (d) agrees that a final judgment in any such suit, action or proceeding shall be conclusive and may be
enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. 

21.        Waiver of Jury Trial. EACH PARTY HEREBY IRREVOCABLY WAIVES ALL RIGHTS TO
TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING OUT OF, BASED ON OR PERTAINING TO THIS AGREEMENT. 

Signature page follows 

  
 -13-

  
 IN
WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written. 
  

							
	 Notice Address:
	 		 	 GREEN PLAINS RENEWABLE ENERGY,
     INC.

				
	 9420 Underwood Avenue, Suite 100

Omaha, NE 68114
 Attention: Chief Financial Officer
 Phone: (402)
884-8700
 Facsimile: (402) 884-8776
	 		 	By:	 	 /s/ Todd Becker

	 		 		 	 Name: Todd Becker

Title:    President & CEO

	 		 		 	
			
	 Notice Address:
	 		 	 GREEN PLAINS HOLDINGS II LLC

				
	 9420 Underwood Avenue, Suite 100

Omaha, NE 68114
 Attention: Chief Financial Officer
 Phone:
(402) 884-8700
 Facsimile: (402) 884-8776

 
	 		 	By:	 	 /s/ Todd Becker

	 		 		 	 Name: Todd Becker

Title:    President & CEO

	 		 		 	
	 Notice Address:
	 		 	COBANK, ACB, as Agent
				
	 5500 South Quebec Street

Greenwood Village, CO 80111

Attention: S. Richard Dill

Phone: (303) 740-4197

Facsimile: (303) 224-2595
	 		 	By:	 	 /s/ S. Richard Dill

	 		 		 	 Name: S. Richard Dill

Title:    Vice President

	 		 		 	

 Signature Page to Support and Subordination AgreementForm of Change of Control Severance Agreement (CEO)

  
 Exhibit 10.1

 FORM OF CHANGE OF CONTROL SEVERANCE AGREEMENT (CEO) 

This Change in Control Severance Agreement (the “Agreement”) is made and entered into by and between Sujal Patel
(“Executive”) and Isilon Systems, Inc., a Delaware corporation (the “Company”), effective as of             , 2010 (the “Effective
Date”). 
 RECITALS 
 1. It is expected that the Company from time to time will consider the possibility of an acquisition by another company or other change in control. The Compensation Committee of the Company (the
“Committee”) recognizes that such considerations can be a distraction to Executive and can cause Executive to consider alternative employment opportunities. The Committee has determined that it is in the best interests of the
Company and its stockholders to assure that the Company will have the continued dedication and objectivity of Executive, notwithstanding the possibility, threat or occurrence of such a termination of employment or the occurrence of a Change in
Control (as defined herein) of the Company. 
 2. The Committee believes that it is in the best interests of the Company and its
stockholders to provide Executive with an incentive to continue Executive’s employment and to motivate Executive to maximize the value of the Company for the benefit of its stockholders. 

3. The Committee believes that it is imperative to provide Executive with certain severance benefits upon Executive’s termination of
employment in connection with a Change in Control. These benefits will provide Executive with enhanced financial security, incentive and encouragement to remain with the Company. 

4. Certain capitalized terms used in the Agreement are defined in Section 6 below. 

AGREEMENT 
 NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows: 
 1. Term of Agreement. This Agreement will have an initial term of three (3) years commencing on the Effective Date (the “Initial Term”). Notwithstanding the foregoing provisions of
this paragraph, if a Change in Control occurs when there are fewer than eighteen (18) months remaining during the Initial Term, the term of this Agreement will extend automatically through the date that is eighteen (18) months following
the effective date of the Change in Control. If Executive becomes entitled to benefits under Section 4 during the term of this Agreement, the Agreement will not terminate until all of the obligations of the parties hereto with respect to this
Agreement have been satisfied. 

  
 2. No Acceleration
of Vesting Under Option Agreements. In consideration of the payments and benefits that Executive may become entitled to receive pursuant to Section 4 below, the Company and Executive agree that: 

(a) In the event of a Change in Control (as defined in the 2006 Equity Incentive Plan (the “2006 Plan”)),
Executive’s options (the “Options”) to purchase shares (“Shares”) of the Company’s common stock that are then-outstanding shall not become automatically vested as to twenty-five percent (25%) of the
then-unvested Shares subject thereto pursuant to the acceleration provision set forth in the “Vesting Schedule” section of the “Notice of Grant of Stock Option” of the Option agreement (the “Initial
Acceleration”) and such Initial Acceleration provision shall be null and void, and 
 (b) In the event that, within
twelve (12) months following a Change in Control (as defined in the 2006 Plan), the Company terminates Executive’s status as a Service Provider (as defined in the 2006 Plan) without Cause (as defined in the applicable Option agreement),
the then-outstanding Options shall not become automatically vested as to the additional twenty-five percent (25%) of the then-unvested Shares subject thereto pursuant to the acceleration provision set forth in the “Vesting Schedule”
section of the “Notice of Grant of Stock Option” of the Option agreement (the “Second Acceleration”) and such Second Acceleration provision shall be null and void. 

3. At-Will Employment. The Company and Executive acknowledge that Executive’s employment is and will continue to be at-will,
as defined under applicable law, except as otherwise may be specifically provided under the terms of any written formal employment agreement, including any offer letters, between the Company and Executive (an “Employment
Agreement”). 
 4. Severance Benefits. 
 (a) Termination Without Cause or Other Than Death or Disability, or Resignation for Good Reason Within 18 Months Following a Change in Control. If within eighteen (18) months following a
Change in Control, the Company terminates Executive’s employment with the Company for a reason other than Cause or Executive’s death or Disability or Executive resigns for Good Reason, then, in each case subject to Section 4,
Executive will receive the following severance from the Company: 
 (i) Base Salary Severance. Executive will receive a
lump sum severance payment equal to one hundred percent (100%) of Executive’s annual base salary as in effect immediately prior to Executive’s termination of employment (unless the termination occurs as a result of
clause (iii) of the definition of “Good Reason” under Section 7(c) below, in which case the amount will be equal to Executive’s annual base salary in effect prior to such reduction) or, if greater, at the level in
effect immediately prior to the Change in Control, less applicable withholdings, payable within thirty (30) days following the date of Executive’s termination of employment. 

(ii) Equity. One hundred percent (100%) of the unvested portion of Executive’s then-outstanding equity awards (the
“Awards”) will immediately vest and, if applicable, become exercisable as of the date of such termination. If, however, an Award is to vest and/or the 

  
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amount of the Award to vest is to be determined based, in part or in whole, on the achievement of performance criteria, then the equity award will vest as to one hundred percent (100%) of
the unvested portion of the Award. 
 The Awards will remain exercisable, to the extent applicable, following Executive’s
termination for the period prescribed in the respective equity plan and agreement for each Award. 
 (iii)
Continued Employee Benefits. If Executive elects continuation coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”) for Executive and Executive’s eligible dependents (as
applicable), within the time period prescribed pursuant to COBRA, the Company will reimburse Executive for the COBRA premiums for such coverage (at the coverage levels in effect immediately prior to Executive’s termination of employment) until
the earlier of (A) a period of twelve (12) months from the last date of employment of the Executive with the Company, or (B) the date upon which Executive and/or Executive’s eligible dependents becomes covered under similar
plans. Notwithstanding the foregoing sentence, if the Company determines in its sole discretion that it cannot provide the foregoing benefit without potentially violating applicable law (including, without limitation, Section 2716 of the Public
Health Service Act), the Company will, in lieu thereof, provide to Executive a taxable monthly payment in an amount equal to the monthly COBRA premium that Executive would be required to pay to continue his group health coverage in effect on the
last date of employment of Executive with the Company (which amount will be based on the premium for the first month of COBRA coverage), which payments will be made regardless of whether Executive elects COBRA continuation coverage and, subject to
Section 5, will commence in the month following the month in which Executive’s termination occurs and will end on the earlier of (x) the date upon which the Executive obtains other employment or (y) the last day of the twelfth
(12th) calendar month following the month in which
Executive’s termination occurs. 
 (b) Other Termination. If Executive’s employment with the Company terminates
other than as set forth in Section 4(a), then (i) all vesting will terminate immediately with respect to Executive’s outstanding Awards, (ii) all payments of compensation by the Company to Executive hereunder will terminate
immediately (except as to amounts already earned), and (iii) Executive will be eligible only for severance benefits in accordance with the Company’s established policies, if any, as then in effect. 

(c) Exclusive Remedy. In the event of a termination of Executive’s employment as set forth in Section 4(a) of this
Agreement, the provisions of Section 4 are intended to be and are exclusive and in lieu of and supersede any other rights or remedies to which Executive or the Company otherwise may be entitled, whether at law, tort or contract or in equity, or
under this Agreement (other than the payment of accrued but unpaid wages, as required by law, and any unreimbursed reimbursable expenses). Executive will be entitled to no benefits, compensation or other payments or rights upon termination of
employment other than those benefits expressly set forth in Section 4 of this Agreement. 

  
 -3-

  
 5. Conditions to
Receipt of Severance 
 (a) Release of Claims Agreement. The receipt of any severance payments or
benefits pursuant to this Agreement is subject to Executive signing and not revoking a separation agreement and release of claims in a form acceptable to the Company (the “Release”), which must become effective and irrevocable no
later than the sixtieth (60th) day following
Executive’s termination of employment (the “Release Deadline”). If the Release does not become effective and irrevocable by the Release Deadline, Executive will forfeit any right to severance payments or benefits under
this Agreement. In no event will severance payments or benefits be paid or provided until the Release actually becomes effective and irrevocable. 
 (i) In the event the termination occurs at a time during the calendar year when the Release could become effective in the calendar year following the calendar year in which Executive’s termination of
employment occurs (whether or not it actually becomes effective in the following year), then any severance payments and benefits under Section 4 of this Agreement that would be considered Deferred Payments (as defined in Section 5(b)
below) will be paid on the first payroll date to occur during the calendar year following the calendar year in which such termination occurs, or, if later, (A) the date the Release actually becomes effective, (B) such time as required by
the payment schedule applicable to each payment or benefit as set forth in Section 5(a)(ii), or (C) such time as required by Section 5(b). 
 (ii) No severance payments and benefits under Section 4 of this Agreement will be paid or provided until the Release becomes effective and irrevocable, and any such severance payments and benefits
otherwise payable between the date of Executive’s termination of employment and the date the Release becomes effective and irrevocable will be paid on the date the Release becomes effective and irrevocable. 

(b) Confidential Information and Invention Assignment Agreements. Executive’s receipt of any payments or benefits under
Section 4 will be subject to Executive continuing to comply with the terms of any confidential information and invention assignment agreement executed by Executive in favor of the Company and the provisions of this Agreement. 

(c) Section 409A. 
 (i) Notwithstanding anything to the contrary in this Agreement, no severance payments or benefits payable to Executive, if any, pursuant to this Agreement that, when considered together with any other
severance payments or separation benefits, is considered deferred compensation under Internal Revenue Code Section 409A (together, the “Deferred Payments”) will be payable until Executive has a “separation from
service” within the meaning of Section 409A (“Section 409A”) of the Internal Revenue Code of 1986, as amended (the “Code”). Similarly, no severance payable to Executive, if any, pursuant to this Agreement
that otherwise would be exempt from Section 409A pursuant to Treasury Regulation Section 1.409A-1(b)(9) will be payable until Executive has a “separation from service” within the meaning of Section 409A. 

  
 -4-

  
 (ii) Further, if
Executive is a “specified employee” within the meaning of Section 409A at the time of Executive’s separation from service (other than due to death), any Deferred Payments that otherwise are payable within the first six
(6) months following Executive’s separation from service will become payable on the first payroll date that occurs on or after the date six (6) months and one (1) day following the date of Executive’s separation from
service. All subsequent Deferred Payments, if any, will be payable in accordance with the payment schedule applicable to each payment or benefit. Notwithstanding anything herein to the contrary, in the event of Executive’s death following
Executive’s separation from service but prior to the six (6) month anniversary of Executive’s separation from service (or any later delay date), then any payments delayed in accordance with this paragraph will be payable in a lump sum
as soon as administratively practicable after the date of Executive’s death and all other Deferred Payments will be payable in accordance with the payment schedule applicable to each payment or benefit. Each payment and benefit payable under
the Agreement is intended to constitute a separate payment for purposes of Section 1.409A-2(b)(2) of the Treasury Regulations. 
 (iii) Any amount paid under this Agreement that satisfies the requirements of the “short-term deferral” rule set forth in Section 1.409A-1(b)(4) of the Treasury Regulations will not
constitute Deferred Payments for purposes of clause (i) above. Any amount paid under this Agreement that qualifies as a payment made as a result of an involuntary separation from service pursuant to Section 1.409A-1(b)(9)(iii) of the
Treasury Regulations that does not exceed the Section 409A Limit (as defined below) will not constitute Deferred Payments for purposes of clause (i) above. 
 (iv) The foregoing provisions are intended to comply with, or be exempt from, the requirements of Section 409A so that none of the severance payments and benefits to be provided under the Agreement
will be subject to the additional tax imposed under Section 409A, and any ambiguities herein will be interpreted to so comply or be exempt. Executive and the Company agree to work together in good faith to consider amendments to the Agreement
and to take such reasonable actions which are necessary, appropriate or desirable to avoid imposition of any additional tax or income recognition prior to actual payment to Executive under Section 409A. In no event will the Company reimburse
Executive for any taxes that may be imposed on Executive as result of Section 409A. 
 6. Limitation on Payments. In
the event that the severance and other benefits provided for in this Agreement or otherwise payable to Executive (i) constitute “parachute payments” within the meaning of Section 280G of the Code and (ii) but for this
Section 5, would be subject to the excise tax imposed by Section 4999 of the Code, then Executive’s severance benefits under Section 3 will be either: 
 (a) delivered in full, or 

  
 -5-

  
 (b) delivered as to
such lesser extent which would result in no portion of such severance benefits being subject to excise tax under Section 4999 of the Code, whichever of the foregoing amounts, taking into account the applicable federal, state and local income
taxes and the excise tax imposed by Section 4999, results in the receipt by Executive on an after-tax basis, of the greatest amount of severance benefits, notwithstanding that all or some portion of such severance benefits may be taxable under
Section 4999 of the Code. If a reduction in severance and other benefits constituting “parachute payments” is necessary so that benefits are delivered to a lesser extent, reduction will occur in the following order: (i) reduction
of cash payments; (ii) cancellation of awards granted “contingent on a change in ownership or control” (within the meaning of Code Section 280G), (iii) cancellation of accelerated vesting of equity awards;
(iv) reduction of employee benefits. In the event that acceleration of vesting of equity award compensation is to be reduced, such acceleration of vesting will be cancelled in the reverse order of the date of grant of Executive’s equity
awards. 
 Unless the Company and Executive otherwise agree in writing, any determination required under this Section 6
will be made in writing by the Company’s independent public accountants immediately prior to the Change in Control (the “Accountants”), whose determination will be conclusive and binding upon Executive and the Company for all
purposes. For purposes of making the calculations required by this Section 6, the Accountants may make reasonable assumptions and approximations concerning applicable taxes and may rely on reasonable, good faith interpretations concerning the
application of Sections 280G and 4999 of the Code. The Company and Executive will furnish to the Accountants such information and documents as the Accountants may reasonably request in order to make a determination under this Section. The Company
will bear all costs the Accountants may reasonably incur in connection with any calculations contemplated by this Section 6. If a reduction in severance and other benefits constituting “parachute payments” is necessary so that
benefits are delivered to a lesser extent, reduction will occur in the following order: (1) reduction of the cash severance payments; (2) cancellation of accelerated vesting of equity awards; and (3) reduction of continued employee
benefits. In the event that the accelerated vesting of equity awards is to be cancelled, such vesting acceleration will be cancelled in the reverse chronological order of the Executive’s equity awards’ grant dates. 

7. Definition of Terms. For purposes of this Agreement, the following terms referred to in this Agreement will have the following
meanings: 
 (a) Cause. “Cause” means (i) Executive’s willful failure to substantially perform
his or her duties to the Company or deliberate violation of a Company policy; (ii) Executive’s commission of any act of fraud, embezzlement, dishonesty or any other willful misconduct that has caused or is reasonably expected to result in
material injury to the Company; (iii) unauthorized use or disclosure by Executive of any proprietary information or trade secrets of the Company or any other party to whom Executive owes an obligation of nondisclosure as a result of his or her
relationship with the Company; or (iv) Executive’s willful breach of any of Executive’s obligations under any written agreement with the Company. For purposes of this definition, “Company” shall be interpreted to include any
parent, subsidiary, affiliate or successor thereto, if appropriate. 

  
 -6-

  
 (b) Change in
Control. “Change in Control” means the occurrence of any of the following: 
 (i) Any “person”
(as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) becomes the “beneficial owner” (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of
securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company’s then outstanding voting securities; or 
 (ii) The consummation of the sale or disposition by the Company of all or substantially all of the Company’s assets; or 
 (iii) A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are Incumbent Directors. “Incumbent Directors”
means directors who either (A) are members of the Board as of the Effective Date, or (B) are elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the Incumbent Directors at the time of such
election or nomination (but will not include an individual whose election or nomination is in connection with an actual or threatened proxy contest relating to the election of directors to the Company); or 

(iv) The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which
would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity or its parent) at least fifty
percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation. 

(c) Disability. “Disability” means Executive is unable to engage in any substantial gainful activity by reason of
any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months. 

(d) Good Reason. “Good Reason” means Executive’s termination of employment within ninety (90) days
following the expiration of any cure period (discussed below) following the occurrence of one or more of the following, without Executive’s express written consent: (i) a material reduction in Executive’s job responsibilities,
provided that neither a mere change in title alone nor reassignment following a Change in Control to a position that is substantially similar to the position held prior to the Change in Control shall constitute a material reduction in job
responsibilities; (ii) relocation by the Company or a subsidiary, parent, affiliate or successor thereto, as appropriate, of Executive’s work site to a facility or location more than forty (40) miles from Executive’s principal
work site for the Company at the time of the Change in Control; or (iii) a reduction in Executive’s then-current base salary by at least ten percent (10%), provided that an across-the-board reduction in the salary level of all other
employees or consultants in positions similar to Executive’s by the same percentage amount as part of a general salary level reduction shall not constitute such a salary reduction. In order for an event to qualify as Good Reason, Executive must
not terminate employment with the Company without first providing the Company with written notice of the acts or omissions constituting the grounds for “Good Reason” within ninety (90) days of the initial existence of the grounds for
“Good Reason” and a reasonable cure period of not less than thirty (30) days following the date of such notice. 

  
 -7-

  
 (e)
Section 409A Limit. “Section 409A Limit” means the lesser of two (2) times: (i) Executive’s annualized compensation based upon the annual rate of pay paid to Executive during the Executive’s taxable
year preceding the Executive’s taxable year of Executive’s termination of employment as determined under, and with such adjustments as are set forth in, Treasury Regulation 1.409A-1(b)(9)(iii)(A)(1) and any Internal Revenue Service
guidance issued with respect thereto; or (ii) the maximum amount that may be taken into account under a qualified plan pursuant to Section 401(a)(17) of the Code for the year in which Executive’s employment is terminated. 

8. Successors. 
 (a) The Company’s Successors. Any successor to the Company (whether direct or indirect and whether by purchase, merger, consolidation, liquidation or otherwise) to all or substantially all of
the Company’s business and/or assets will assume the obligations under this Agreement and agree expressly to perform the obligations under this Agreement in the same manner and to the same extent as the Company would be required to perform such
obligations in the absence of a succession. For all purposes under this Agreement, the term “Company” will include any successor to the Company’s business and/or assets which executes and delivers the assumption agreement described in
this Section 7(a) or which becomes bound by the terms of this Agreement by operation of law. 
 (b) Executive’s
Successors. The terms of this Agreement and all rights of Executive hereunder will inure to the benefit of, and be enforceable by, Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees,
devisees and legatees. 
 9. Notice. 
 (a) General. Notices and all other communications contemplated by this Agreement will be in writing and will be deemed to have been duly given when personally delivered or when mailed by U.S.
registered or certified mail, return receipt requested and postage prepaid. In the case of Executive, mailed notices will be addressed to him or her at the home address which he or she most recently communicated to the Company in writing. In the
case of the Company, mailed notices will be addressed to its corporate headquarters, and all notices will be directed to the General Counsel of the Company. 
 (b) Notice of Termination. Any termination by the Company for Cause or by Executive for Good Reason or as a result of a voluntary resignation will be communicated by a notice of termination to the
other party hereto given in accordance with Section 8(a) of this Agreement. Such notice will indicate the specific termination provision in this Agreement relied upon, will set forth in reasonable detail the facts and circumstances claimed to
provide a basis for termination under the provision so indicated, and will specify the termination date (which will be not more than thirty (30) days after the giving of such notice). The failure by Executive to include in the notice any fact
or circumstance which contributes to a showing of Good Reason will not waive any right of Executive hereunder or preclude Executive from asserting such fact or circumstance in enforcing Executive’s rights hereunder. 

  
 -8-

  
 10. Miscellaneous
Provisions. 
 (a) No Duty to Mitigate. Executive will not be required to mitigate the amount of any payment
contemplated by this Agreement, nor will any such payment be reduced by any earnings that Executive may receive from any other source. 
 (b) Waiver. No provision of this Agreement will be modified, waived or discharged unless the modification, waiver or discharge is agreed to in writing and signed by Executive and by an authorized
officer of the Company (other than Executive). No waiver by either party of any breach of, or of compliance with, any condition or provision of this Agreement by the other party will be considered a waiver of any other condition or provision or of
the same condition or provision at another time. 
 (c) Headings. All captions and section headings used in this
Agreement are for convenient reference only and do not form a part of this Agreement. 
 (d) Entire Agreement. This
Agreement constitutes the entire agreement of the parties hereto and supersedes in their entirety all prior representations, understandings, undertakings or agreements (whether oral or written and whether expressed or implied) of the parties with
respect to the subject matter hereof, including but not limited to (i) the Initial Acceleration and Second Acceleration, (ii) any other vesting acceleration of Awards upon termination of employment with the Company as set forth in
Executive’s Award agreements or the equity plans under which such Awards were granted, (iii) any vesting acceleration of Awards upon a change in control as set forth in Executive’s Award agreements or any Employment Agreement and
(iv) any severance or other benefits payable upon Executive’s termination of employment with the Company as set forth in Executive’s Employment Agreement. No waiver, alteration, or modification of any of the provisions of this
Agreement will be binding unless in writing and signed by duly authorized representatives of the parties hereto and which specifically mention this Agreement. 
 (e) Choice of Law. The validity, interpretation, construction, and performance of this Agreement will be governed by the laws of the State of Washington (with the exception of its conflict of laws
provisions). Any claims or legal actions by one party against the other arising out of the relationship between the parties contemplated herein (whether or not arising under this Agreement) will be commenced or maintained in any state or federal
court located in Kings County, Washington, and Executive and the Company hereby submit to the jurisdiction and venue of any such court. 
 (f) Severability. The invalidity or unenforceability of any provision or provisions of this Agreement will not affect the validity or enforceability of any other provision hereof, which will remain
in full force and effect. 

  
 -9-

  
 (g)
Withholding. All payments made pursuant to this Agreement will be subject to withholding of applicable income and employment taxes. 
 (h) Counterparts. This Agreement may be executed in counterparts, each of which will be deemed an original, but all of which together will constitute one and the same instrument. 

  
 -10-

  
 IN WITNESS WHEREOF,
each of the parties has executed this Agreement, in the case of the Company by its duly authorized officer, as of the day and year set forth below. 
  

							
	COMPANY	 		 	ISILON SYSTEMS, INC.
				
		 		 	By:	 	  

		 		 	Title:	 	  

				
	EXECUTIVE	 		 	By:	 	  

		 		 	Title:	 	  

  
 -11-

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