Document:

exv10w1

 

Exhibit 10.1

Agreement

for

Pre-Construction Services

between

Victory Renewable Fuels, LLC

and

Renewable Construction and Technology Group, LLC

WHEREAS, Victory Renewable Fuels, LLC (OWNER) has made a commitment to develop a Biodiesel
Plant and is diligently pursuing full funding that will move this project forward, and

WHEREAS, Renewable Construction and Technology Group, LLC (REG) was formed to provide turn-key
engineering and construction (design-build) services for biodiesel facilities, and

WHEREAS, both parties are targeting a field construction start date in the 4th Quarter
2007 and recognize that time is of the essence and to meet that projected start date certain
Engineering and long lead time activities need to progress,

NOW THEREFORE, IT IS AGREED by and between OWNER and REG as follows:

	 	1.	 	In recognition of REG’s expertise and technical assistance capabilities, OWNER will
retain REG to complete Pre-Construction Services, including the following:

	 	A.	 	Additional engineering consisting of:

	 	•	 	Crown Iron Works Process and Instrumentation Diagrams (P&IDs).
	 
	 	•	 	Crown Iron Works Piping Isometric drawings (ISOs).
	 
	 	•	 	Expanded General Arrangement drawings (GARs).
	 
	 	•	 	Expanded Architectural drawings (ARCs) as required.
	 
	 	•	 	Site Civil drawings (CIVs — drawing index, final grading, drainage
and site utility plans).
	 
	 	•	 	Initial engineering for structural drawings — anchor bolts down (STRs
 — drawing index, foundations, embeds and anchor bolts).

406 First Street

PO Box 68

Ralston, IA 51459

(712) 667-3500

Fax(712) 667-3599

www.renewable-energy-group.com

 

 

	 	•	 	Initial engineering for tank drawings (TNKs).
	 
	 	•	 	Initial engineering for electrical drawings (ELEs — drawing index,
legends and symbols, temporary power for construction, permanent power
distribution one-lines, underground runs, grounding, and panel board
details).
	 
	 	•	 	Initial engineering for mechanical drawings (MECs — drawing index,
legends and symbols, underground site utilities, P&IDs, tank drawings
and utility rough-ins).

	 	B.	 	Assistance with additional permitting.
	 
	 	C.	 	Establish final Project Specifications, Contract Documents and
Contract Pricing.
	 
	 	D.	 	Place orders for long lead time equipment and make required down
payments on equipment. This will be done at the discretion of REG based on both
schedule and money’s available.

	 	2.	 	In consideration of REG’s agreement to provide the foregoing services, OWNER agrees
to pay REG the sum of $2,500,000 within 2 weeks of breaking escrow or no later than May
31st, 2007. If OWNER proceeds with the construction of a biodiesel facility,
REG agrees that the foregoing payment, as well as any previous payments to REG shall be
included in the final Design-Build Agreement Contract Price.
	 
	 	3.	 	Both parties acknowledge that any down payments on equipment obligate REG to accept
delivery and make final payment on this equipment. Should OWNER not be in a position to
accept delivery and make final payment within 30 days of the targeted field construction
start date, then REG shall take steps to place this equipment on another REG project and
this Pre-Construction Services Agreement shall terminate.
	 
	 	4.	 	OWNER has the right to terminate this Pre-Construction Services Agreement at any time
by giving written notice to REG.
	 
	 	5.	 	It is the intent of both OWNER and REG to proceed directly from this Pre-Construction
Services Agreement to a Design-Build Agreement based on the Standard Form of Design-Build
Agreement and General Conditions Between Owner and Design-Builder (AGC Document No. 415).
Both parties agree to negotiate in good faith towards the execution of this Design-Build
Agreement no later than 30 days before the targeted field construction start date. Should
the parties, for whatever reason, be unable to execute a Design-Build Agreement within 30
days after the targeted field construction start date then this Pre-Construction Services Agreement shall
terminate.

406 First Street

PO Box 68

Ralston, IA 51459

(712) 667-3500

Fax(712) 667-3599

www.renewable-energy-group.com

 

 

	 	6.	 	Should this Agreement be terminated under Article 3, Article 4, or Article 5 above,
then REG shall immediately take steps to stop the work and mitigate any further costs
against this Agreement. Should the final actual costs to REG (plus markup of 15%) be less
than the $2,500,000 payment then REG will reimburse the difference to OWNER. Should the
final actual costs to REG (plus markup of 15%) be higher than the $2,500,000 payment then
REG shall bear those additional costs and OWNER shall have no further obligation to REG.
	 
	 	7.	 	Any and all designs, plans, specifications, processes and other engineering or
technical information or data (herein referred to as “Confidential Information”) which are
delivered to OWNER in connection with this Agreement are confidential and proprietary to
REG and shall at all times remain the sole and exclusive property of REG. OWNER shall not
directly or indirectly be permitted, nor shall OWNER permit any other party, to use,
transfer, assign, disclose, divulge or publish any such Confidential Information to any
third party for any reason or purpose whatsoever without the prior written consent of REG.
OWNER may disseminate Confidential Information to parties such as its employees, agents
and representatives (“Consultants”) as may need to know to aid OWNER in analyzing for the
purposes as set out above, but not until such Consultants are aware of these provisions
with respect to confidentiality, and the need to prevent further dissemination of
Confidential Information. All Confidential Information shall be returned to REG at its
request.

406 First Street

PO Box 68

Ralston, IA 51459

(712) 667-3500

Fax(712) 667-3599

www.renewable-energy-group.com

 

 

This Agreement shall not be construed to convey any rights in REG’s intellectual properties,
including intellectual properties included in or related to the Confidential Information. OWNER may
acquire only such rights in these intellectual properties as may be conveyed under the terms of
further construction agreements entered into between the parties, if any.

Entered into as of the           21ST           day of           March     , 2007.

Signed by Victory Renewable Fuels on March 31, 2007

	 	 	 	 	 	 	 
	VICTORY RENEWABLE FUELS, LLC	 	RENEWABLE ENERGY GROUP, LLC
	 
	 	 	 	 	 	 
	By

	 	/s/ Allen L. Blauwet
	 	By
	 	/s/ Brad Albin
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	Print Name

	 	Allen L. Blauwet
	 	Print Name
	 	Brad Albin
	 

	 	 
	 	 	 	 
	 
	 	 	 	 	 	 
	Print Title

	 	Pres.
	 	Print Title
	 	Director of Plant Sales & Construction
	 

	 	 
	 	 	 	 

406 First Street

PO Box 68

Ralston, IA 51459

(712) 667-3500

Fax(712) 667-3599

www.renewable-energy-group.comexv10w2

 

Exhibit 10.2

Prepared by:

Paul Kippley, Attorney at Law, ISBA #8317, 110 North Marshall Street, Post Office Box 549, Rock Rapids, IA

51246, 712-472-2567

 

EXTENSION OF OPTION TO PURCHASE

     This Agreement is between Thadd D. Knoblock and Wendy S. Knoblock, husband and wife, Trent
L. Knoblock and Heather M. Knoblock, husband and wife, Troy J. Knoblock and Donna M. Knoblock,
husband and wife, and Travis R. Knoblock and Kathy S. Knoblock, husband and wife, hereinafter
referred to as First Parties and Victory Renewable Fuels LLC, hereafter referred to as Second
Party:

     WHEREAS, the Parties entered into an Option to Purchase on the following described real
estate:

That part of the Southwest Quarter (SW 1/4) of Section Twenty (20), lying West of

the Great Northern Railroad Right-of-Way in Township Ninety-nine (99) North,
 Range
Forty-six (46) West of the 5th P.M., Lyon County, Iowa.

and

     WHEREAS, the Parties desire to extend said Option to Purchase.

     IT IS AGREED as follows:

	 	1.	 	The Option shall be extended until July 1, 2007 unless extended in writing by
the parties.
	 
	 	2.	 	All other terms shall remain the same.
	 
	 	3.	 	The Parties agree to execute a Memorandum of this Agreement to be recorded.

Dated this 29 day of December, 2006.

	 	 	 	 
	/s/ Thadd D. Knoblock

	 	/s/ Wendy S. Knoblock	 
	 

	 	 	 
	Thadd D. Knoblock

	 	Wendy S. Knoblock   	 
	 
	 	 
	/s/ Trent L. Knoblock

	 	/s/ Heather M. Knoblock	 
	 

	 	 
	Trent L. Knoblock  

	 	Heather M. Knoblock	 

 

 

-2-

	 	 	 	 
	/s/ Troy J. Knoblock

	 	/s/ Donna M. Knoblock
	 

	 	 
	Troy J. Knoblock   

	 	Donna M. Knoblock
	 
	 	 
	/s/ Travis R. Knoblock

	 	/s/ Kathy S. Knoblock
	 

	 	 
	Travis R. Knoblock

	 	Kathy S. Knoblock   

FIRST PARTIES

	 	 	 	 	 	 	 	 	 
	VICTORY RENEWABLE FUELS LLC

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	BY:

	/s/ Allen L. Blauwet	 	 	 	 
	 

	 	 	 	 	 
	 

	 	 	 	Its
	 	Pres.
	 

	 	 	 	 	 	 
	 
	 	 	 	 	 	 
	BY:
	 	 	 	 	 	 
	 

	 	 	 	 	 
	 

	 	 	 	Its	 	 
	 

	 	 	 	 	 	 

SECOND PARTY

STATE OF IOWA, COUNTY OF LYON, ss:

     On this 29 of December, 2006, before me, the undersigned, a Notary Public in
and for said State, personally appeared Thadd D. Knoblock and Wendy S. Knoblock, husband and wife,
to me known to be the identical persons named in and who executed the foregoing instrument, and
acknowledged that they executed the same as their voluntary act and deed.

	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 

STATE OF IOWA, COUNTY OF LYON, ss:

     On this 29 of December, 2006, before me, the undersigned, a Notary Public
in and for said State, personally appeared Trent L. Knoblock and Heather M. Knoblock, husband and
wife, to me known to be the identical persons named in and who executed the foregoing instrument,
and acknowledged that they executed the same as their voluntary act and deed.

	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 

 

-3-

STATE OF IOWA, COUNTY OF LYON, ss:

     On this 29 of December, 2006, before me, the undersigned, a Notary Public in
and for said State, personally appeared Troy J. Knoblock and Donna M. Knoblock, husband and wife,
to me known to be the identical persons named in and who executed the foregoing instrument, and
acknowledged that they executed the same as their voluntary act and deed.

	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 

STATE OF IOWA, COUNTY OF LYON, ss:

     On this 29 of December, 2006, before me, the undersigned, a Notary Public
in and for said State, personally appeared Travis R. Knoblock and Kathy S. Knoblock, husband and
wife, to me known to be the identical persons named in and who executed the foregoing instrument,
and acknowledged that they executed the same as their voluntary act and deed.

	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 

STATE OF IOWA, COUNTY OF LYON, ss:

     On this 29 of December, 2006, before me, the undersigned, a Notary Public
in and for said State, personally appeared Allen L. Blauwet and                 to me personally known, who
being by me duly sworn [Handwritten: affirmed] did say that the persons are President and                 acknowledged the execution of said instrument to be the voluntary act and deed of
said limited liability company, by it voluntarily executed.

	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 

 

Prepared by: Paul Kippley, 110 N. Marshall St., Rock Rapids, IA 51246 (712) 472-2567

MEMORANDUM OF OPTION TO PURCHASE

     An Extension of Option to Purchase has been granted to Victory Renewable Fuels, LLC, from
Thadd D. Knoblock and Wendy S. Knoblock, husband and wife, Trent L. Knoblock and Heather M.
Knoblock, husband and wife, Troy J. Knoblock and Donna M. Knoblock, husband and wife, and Travis
R. Knoblock and Kathy S. Knoblock, husband and wife, for the following described real estate:

That part of the Southwest Quarter (SW 1/4) of Section Twenty (20), lying West of the
Great
Northern Railroad Right-of-Way in Township Ninety-Nine (99) North, Range Forty-
Six (46)
West of the 5th P.M., Lyon County, Iowa.

A copy of the Option to Acquire can be obtained from Victory Renewable Fuels, LLC.

     This Option automatically lapses on July 1, 2007 unless extended in writing by the parties.
If extended a Memorandum to that effect shall be recorded.

     Dated this 29 day of Dec., 2006.

	 	 	 	 
	/s/ Thadd D. Knoblock

	 	/s/ Wendy S. Knoblock
	 

	 	 
	Thadd D. Knoblock

	 	Wendy S. Knoblock    
	 
	 	 
	/s/ Trent L. Knoblock

	 	/s/ Heather M. Knoblock
	 

	 	 
	Trent L. Knoblock   

	 	Heather M. Knoblock 
	 
	 	 
	/s/ Troy J. Knoblock

	 	/s/ Donna M. Knoblock
	 

	 	 
	Troy J. Knoblock    

	 	Donna M. Knoblock   
	 
	 	 
	/s/ Travis R. Knoblock

	 	/s/ Kathy S. Knoblock
	 

	 	 
	Travis R. Knoblock

	 	Kathy S. Knoblock     

1

 

STATE OF IOWA, COUNTY OF LYON, ss:

     On this 29 of December, 2006, before me, the undersigned, a Notary Public in
and for said State, personally appeared Thadd D. Knoblock and Wendy S. Knoblock, husband and wife,
to me known to be the identical persons named in and who executed the foregoing instrument, and
acknowledged that they executed the same as their voluntary act and deed.

	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 

STATE OF IOWA, COUNTY OF LYON, ss:

     On this 29 of December, 2006, before me, the undersigned, a Notary Public
in and for said State, personally appeared Trent L. Knoblock and Heather M. Knoblock, husband and
wife, to me known to be the identical persons named in and who executed the foregoing instrument,
and acknowledged that they executed the same as their voluntary act and deed.

	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 

STATE OF IOWA, COUNTY OF LYON, ss:

     On this 29 of December, 2006, before me, the undersigned, a Notary Public in
and for said State, personally appeared Troy J. Knoblock and Donna M. Knoblock, husband and wife,
to me known to be the identical persons named in and who executed the foregoing instrument, and
acknowledged that they executed the same as their voluntary act and deed.

	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 

STATE OF IOWA, COUNTY OF LYON, ss:

     On this 29 of December, 2006, before me, the undersigned, a Notary Public
in and for said State, personally appeared Travis R. Knoblock and Kathy S. Knoblock, husband and
wife, to me known to be the identical persons named in and who executed the foregoing instrument,
and acknowledged that they executed the same as their voluntary act and deed.

	 	 	 	 
	[Stamped: MERLIN MEYER]
	 	 
	[Commission Number 713856]

	 	/s/ Merlin Meyer
	 

	 	 
	[MY COMMISSION EXPIRES]

	 	NOTARY PUBLIC     
	[NOVEMBER 30, 2007]
	 	 

2

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